{ "ticker": { "uuid": "52d9e67a-8906-4832-838a-66886e4db531", "symbol": "HXX", "name": "Global X Europe 50 Index Corporate Class ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 76.97, "architecture_energy": 55.374, "architecture_maturity": 35.4, "architecture_confidence": 75.835, "architecture_tenure": "Developing", "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": 14.5, "rotation_up": 54.27, "upward_expansion": 79.19, "deceleration": 62.27, "rotation_down": 24.03, "downward_expansion": 8.19 }, "activity_lines": [ 74.197332, 73.726726, 72.012, 70.584763 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 76.089996, "trend_reference": 69.2955, "distance_from_trend": 0.098051, "trend_direction": "Improving", "fair_value": 56.564231, "distance_from_fair_value": 0.345196, "fair_value_direction": "Improving", "relative_strength": 0.487509, "relative_strength_direction": "Improving", "price_momentum": 0.103713, "excess_performance": -0.016708, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098051, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035072, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.345196, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.076853, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.004875, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.057231, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.103713, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.544153, "read": "Demand-led" } ], "volume": { "latest": 7900, "relative_activity": 0.533063, "balance": 1.544153, "dry_up": 0.843455, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.031617, "annualized_volatility": 0.216049, "from_high_reference": -0.001181, "from_low_reference": 0.262276 }, "levels": { "trend_reference": 69.2955, "fair_value_reference": 56.564231, "structural_low": 61.389999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.005523, "positive_rate": 0.512821, "directional_follow_through": 0.512821, "median_excess_return": -0.000892, "regime_survival": 0.769231, "best_return": 0.105522, "worst_return": -0.126777, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.033463, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.025917, "regime_survival": 0.5, "best_return": 0.124146, "worst_return": -0.049615, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.084125, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.008207, "regime_survival": 0.625, "best_return": 0.129801, "worst_return": -0.028564, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.153927, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.053565, "regime_survival": 0.25, "best_return": 0.247543, "worst_return": -0.180656, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-11-17", "end": "2023-12-15", "tenure": "Developing", "return": 0.01883, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-06-21", "tenure": "Extended", "return": 0.110474, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-09-06", "tenure": "Developing", "return": -0.006588, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.048049, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-11-01", "tenure": "Developing", "return": -0.00694, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.026096, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.046512, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": 0.029214, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": -0.04423, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.095238, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2026-02-27", "tenure": "Extended", "return": 0.163482, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-06", "end": "2026-04-10", "tenure": "Developing", "return": 0.067041, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-06-05", "tenure": "Developing", "return": 0.003313, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.058275, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 42.650002, "volume": 1900, "typical_volume": 8900.0, "trend": 42.608, "fair_value": 37.102308, "relative_strength": 10.026695, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.419039, "energy": 15.842164, "activity_lines": [ 43.536666, 43.644363, 43.461714, 43.169699 ] }, { "date": "2023-08-25", "close": 42.91, "volume": 16900, "typical_volume": 8205.0, "trend": 42.690333, "fair_value": 37.167308, "relative_strength": 9.943734, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.887103, "energy": 14.992844, "activity_lines": [ 43.234, 43.526, 43.413524, 43.189183 ] }, { "date": "2023-09-01", "close": 43.09, "volume": 2500, "typical_volume": 7310.0, "trend": 42.758, "fair_value": 37.237243, "relative_strength": 6.036377, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.09846, "energy": 18.589302, "activity_lines": [ 43.081333, 43.448545, 43.382, 43.214967 ] }, { "date": "2023-09-08", "close": 42.41, "volume": 2100, "typical_volume": 7065.0, "trend": 42.825, "fair_value": 37.299679, "relative_strength": 6.258681, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.182002, "energy": 23.13278, "activity_lines": [ 42.807333, 43.236545, 43.287286, 43.192516 ] }, { "date": "2023-09-15", "close": 42.43, "volume": 15000, "typical_volume": 7405.0, "trend": 42.859, "fair_value": 37.360641, "relative_strength": 3.029081, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.387673, "energy": 27.913379, "activity_lines": [ 42.635333, 43.051636, 43.202619, 43.167032 ] }, { "date": "2023-09-22", "close": 41.220001, "volume": 15100, "typical_volume": 7255.0, "trend": 42.889333, "fair_value": 37.424167, "relative_strength": 3.863756, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -48.623684, "energy": 54.873908, "activity_lines": [ 42.142667, 42.645273, 43.010333, 43.06129 ] }, { "date": "2023-09-29", "close": 40.919998, "volume": 6800, "typical_volume": 7250.0, "trend": 42.881, "fair_value": 37.483654, "relative_strength": 3.878625, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.583493, "energy": 65.958865, "activity_lines": [ 41.645333, 42.246182, 42.800809, 42.934236 ] }, { "date": "2023-10-06", "close": 41.330002, "volume": 3800, "typical_volume": 7230.0, "trend": 42.874333, "fair_value": 37.542179, "relative_strength": 5.988099, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.081227, "energy": 73.954703, "activity_lines": [ 41.417334, 41.982364, 42.641714, 42.834172 ] }, { "date": "2023-10-13", "close": 40.869999, "volume": 1800, "typical_volume": 7155.0, "trend": 42.907333, "fair_value": 37.603141, "relative_strength": 3.201967, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.584688, "energy": 82.268933, "activity_lines": [ 41.153333, 41.695636, 42.450762, 42.70486 ] }, { "date": "2023-10-20", "close": 40.150002, "volume": 1600, "typical_volume": 6480.0, "trend": 42.873333, "fair_value": 37.658974, "relative_strength": 2.798564, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.678575, "energy": 86.083116, "activity_lines": [ 40.752001, 41.332, 42.200429, 42.526968 ] }, { "date": "2023-10-27", "close": 40.41, "volume": 3200, "typical_volume": 6380.0, "trend": 42.802, "fair_value": 37.731538, "relative_strength": 5.084631, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.118391, "energy": 81.862309, "activity_lines": [ 40.589334, 41.079637, 41.986762, 42.368043 ] }, { "date": "2023-11-03", "close": 42.060001, "volume": 3000, "typical_volume": 6400.0, "trend": 42.777, "fair_value": 37.799102, "relative_strength": 2.961673, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.033381, "energy": 52.125817, "activity_lines": [ 41.030667, 41.168, 41.938429, 42.320172 ] }, { "date": "2023-11-10", "close": 42.619999, "volume": 3500, "typical_volume": 6220.0, "trend": 42.750333, "fair_value": 37.857179, "relative_strength": 4.848269, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.211556, "energy": 27.990793, "activity_lines": [ 41.582667, 41.373637, 41.949619, 42.310043 ] }, { "date": "2023-11-17", "close": 44.610001, "volume": 1000, "typical_volume": 5525.0, "trend": 42.766667, "fair_value": 37.925449, "relative_strength": 6.514248, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 7.455861, "energy": 25.25465, "activity_lines": [ 42.712, 41.949637, 42.149714, 42.430022 ] }, { "date": "2023-11-24", "close": 44.759998, "volume": 1900, "typical_volume": 5450.0, "trend": 42.791, "fair_value": 37.99, "relative_strength": 6.842986, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.983363, "energy": 50.173453, "activity_lines": [ 43.642, 42.512909, 42.359762, 42.558624 ] }, { "date": "2023-12-01", "close": 44.66, "volume": 6900, "typical_volume": 5075.0, "trend": 42.826333, "fair_value": 38.051859, "relative_strength": 4.452559, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.331899, "energy": 66.771722, "activity_lines": [ 44.231333, 43.015636, 42.54881, 42.679204 ] }, { "date": "2023-12-08", "close": 45.25, "volume": 3200, "typical_volume": 5050.0, "trend": 42.891, "fair_value": 38.121731, "relative_strength": 6.136234, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.994107, "energy": 77.234385, "activity_lines": [ 44.734, 43.563091, 42.793857, 42.83557 ] }, { "date": "2023-12-15", "close": 45.450001, "volume": 3100, "typical_volume": 5030.0, "trend": 42.944667, "fair_value": 38.187308, "relative_strength": 5.275033, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.677766, "energy": 89.821891, "activity_lines": [ 45.090667, 44.068182, 43.053238, 43.000667 ] }, { "date": "2023-12-22", "close": 45.349998, "volume": 7900, "typical_volume": 5160.0, "trend": 43.029667, "fair_value": 38.250449, "relative_strength": 3.003944, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.238074, "energy": 87.944562, "activity_lines": [ 45.225333, 44.480182, 43.299381, 43.155849 ] }, { "date": "2023-12-29", "close": 45.560001, "volume": 13800, "typical_volume": 5750.0, "trend": 43.126667, "fair_value": 38.314679, "relative_strength": 2.830768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.86929, "energy": 86.164367, "activity_lines": [ 45.380667, 44.848909, 43.558333, 43.319097 ] }, { "date": "2024-01-05", "close": 44.790001, "volume": 7500, "typical_volume": 6030.0, "trend": 43.215333, "fair_value": 38.370705, "relative_strength": 1.010219, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.350416, "energy": 63.178537, "activity_lines": [ 45.226, 44.979273, 43.734952, 43.426409 ] }, { "date": "2024-01-12", "close": 45.16, "volume": 8600, "typical_volume": 5615.0, "trend": 43.275333, "fair_value": 38.434936, "relative_strength": 1.435866, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.573771, "energy": 57.12119, "activity_lines": [ 45.186, 45.097273, 43.936619, 43.551871 ] }, { "date": "2024-01-19", "close": 45.029999, "volume": 7300, "typical_volume": 5855.0, "trend": 43.36, "fair_value": 38.496346, "relative_strength": 1.372561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.407394, "energy": 48.039021, "activity_lines": [ 45.108667, 45.135273, 44.11519, 43.665075 ] }, { "date": "2024-01-26", "close": 46.5, "volume": 32500, "typical_volume": 7375.0, "trend": 43.453333, "fair_value": 38.574423, "relative_strength": 3.364784, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.823148, "energy": 59.179663, "activity_lines": [ 45.549333, 45.396727, 44.424524, 43.867656 ] }, { "date": "2024-02-02", "close": 46.599998, "volume": 5700, "typical_volume": 6910.0, "trend": 43.595, "fair_value": 38.643333, "relative_strength": 3.567503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.222077, "energy": 76.566007, "activity_lines": [ 45.946666, 45.642, 44.723905, 44.070667 ] }, { "date": "2024-02-09", "close": 47.0, "volume": 3500, "typical_volume": 6330.0, "trend": 43.674333, "fair_value": 38.7125, "relative_strength": 4.570782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.506614, "energy": 88.841856, "activity_lines": [ 46.407999, 45.926545, 45.041524, 44.290344 ] }, { "date": "2024-02-16", "close": 47.490002, "volume": 6000, "typical_volume": 6290.0, "trend": 43.782, "fair_value": 38.785705, "relative_strength": 4.235991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.255655, "energy": 93.620436, "activity_lines": [ 46.885334, 46.257636, 45.378286, 44.536516 ] }, { "date": "2024-02-23", "close": 48.990002, "volume": 3300, "typical_volume": 6265.0, "trend": 43.926, "fair_value": 38.870897, "relative_strength": 6.455959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.654129, "energy": 97.096174, "activity_lines": [ 47.707334, 46.820728, 45.826619, 44.872516 ] }, { "date": "2024-03-01", "close": 49.560001, "volume": 6200, "typical_volume": 6485.0, "trend": 44.116667, "fair_value": 38.959808, "relative_strength": 6.713315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.80261, "energy": 97.533308, "activity_lines": [ 48.455334, 47.423091, 46.292762, 45.236 ] }, { "date": "2024-03-08", "close": 50.150002, "volume": 11000, "typical_volume": 6955.0, "trend": 44.332667, "fair_value": 39.048141, "relative_strength": 6.866849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.849349, "energy": 96.975336, "activity_lines": [ 49.196002, 48.056183, 46.773715, 45.625248 ] }, { "date": "2024-03-15", "close": 50.650002, "volume": 8800, "typical_volume": 7235.0, "trend": 44.599334, "fair_value": 39.139295, "relative_strength": 7.131283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.179679, "energy": 96.040912, "activity_lines": [ 49.866668, 48.696728, 47.254667, 46.032818 ] }, { "date": "2024-03-22", "close": 50.98, "volume": 20300, "typical_volume": 8100.0, "trend": 44.868334, "fair_value": 39.231795, "relative_strength": 6.970024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.87681, "energy": 94.421071, "activity_lines": [ 50.404001, 49.290728, 47.718286, 46.444474 ] }, { "date": "2024-03-29", "close": 51.27, "volume": 12500, "typical_volume": 8550.0, "trend": 45.141, "fair_value": 39.321218, "relative_strength": 6.505736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.306399, "energy": 91.514047, "activity_lines": [ 50.805334, 49.831637, 48.167048, 46.857484 ] }, { "date": "2024-04-05", "close": 50.830002, "volume": 26000, "typical_volume": 9800.0, "trend": 45.421667, "fair_value": 39.40391, "relative_strength": 4.977905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.513791, "energy": 68.848978, "activity_lines": [ 50.908001, 50.179092, 48.532715, 47.224517 ] }, { "date": "2024-04-12", "close": 49.91, "volume": 16300, "typical_volume": 10520.0, "trend": 45.671, "fair_value": 39.475769, "relative_strength": 4.636462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.592725, "energy": 66.856367, "activity_lines": [ 50.619334, 50.280546, 48.781144, 47.514087 ] }, { "date": "2024-04-19", "close": 49.529999, "volume": 9400, "typical_volume": 10645.0, "trend": 45.948, "fair_value": 39.544872, "relative_strength": 4.152758, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.195688, "energy": 58.51388, "activity_lines": [ 50.22, 50.252728, 48.968858, 47.763054 ] }, { "date": "2024-04-26", "close": 50.799999, "volume": 12800, "typical_volume": 11125.0, "trend": 46.277334, "fair_value": 39.630128, "relative_strength": 5.869741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.190885, "energy": 57.956545, "activity_lines": [ 50.318666, 50.409818, 49.254334, 48.076086 ] }, { "date": "2024-05-03", "close": 50.389999, "volume": 6200, "typical_volume": 11280.0, "trend": 46.579334, "fair_value": 39.707628, "relative_strength": 4.959279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.854839, "energy": 47.953576, "activity_lines": [ 50.292666, 50.432182, 49.474334, 48.34142 ] }, { "date": "2024-05-10", "close": 52.16, "volume": 13300, "typical_volume": 11550.0, "trend": 46.955667, "fair_value": 39.79641, "relative_strength": 6.681956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.645028, "energy": 64.820968, "activity_lines": [ 50.915333, 50.750909, 49.839381, 48.701463 ] }, { "date": "2024-05-17", "close": 52.349998, "volume": 18700, "typical_volume": 11795.0, "trend": 47.362333, "fair_value": 39.887372, "relative_strength": 6.160664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.530168, "energy": 70.482214, "activity_lines": [ 51.512666, 51.056909, 50.190095, 49.049484 ] }, { "date": "2024-05-24", "close": 52.200001, "volume": 12300, "typical_volume": 12035.0, "trend": 47.755333, "fair_value": 39.974167, "relative_strength": 6.364669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.817879, "energy": 78.239489, "activity_lines": [ 51.897333, 51.295636, 50.494191, 49.361592 ] }, { "date": "2024-05-31", "close": 51.630001, "volume": 20400, "typical_volume": 12625.0, "trend": 48.074333, "fair_value": 40.056026, "relative_strength": 5.274291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.862433, "energy": 75.365834, "activity_lines": [ 51.914, 51.402545, 50.708714, 49.61157 ] }, { "date": "2024-06-07", "close": 52.459999, "volume": 12300, "typical_volume": 12875.0, "trend": 48.402333, "fair_value": 40.139872, "relative_strength": 7.989922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.630106, "energy": 74.824405, "activity_lines": [ 52.152, 51.648545, 50.971476, 49.894516 ] }, { "date": "2024-06-14", "close": 49.759998, "volume": 24600, "typical_volume": 12480.0, "trend": 48.574, "fair_value": 40.209487, "relative_strength": 4.056604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.630159, "energy": 37.254949, "activity_lines": [ 51.351999, 51.381999, 50.941714, 49.982108 ] }, { "date": "2024-06-21", "close": 50.360001, "volume": 71600, "typical_volume": 15775.0, "trend": 48.760667, "fair_value": 40.281731, "relative_strength": 5.58651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.796313, "energy": 22.913601, "activity_lines": [ 50.912, 51.244, 50.953571, 50.097333 ] }, { "date": "2024-06-28", "close": 50.09, "volume": 14500, "typical_volume": 16325.0, "trend": 48.941667, "fair_value": 40.355449, "relative_strength": 3.370626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.624794, "energy": 21.397053, "activity_lines": [ 50.514666, 51.048727, 50.921809, 50.183097 ] }, { "date": "2024-07-05", "close": 51.549999, "volume": 7500, "typical_volume": 16400.0, "trend": 49.151667, "fair_value": 40.440769, "relative_strength": 5.315993, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.898722, "energy": 26.25403, "activity_lines": [ 50.744666, 51.108727, 51.014381, 50.351376 ] }, { "date": "2024-07-12", "close": 52.509998, "volume": 8700, "typical_volume": 16670.0, "trend": 49.387, "fair_value": 40.527564, "relative_strength": 4.267003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.428846, "energy": 28.972877, "activity_lines": [ 51.299999, 51.329636, 51.179047, 50.568043 ] }, { "date": "2024-07-19", "close": 50.52, "volume": 21400, "typical_volume": 17430.0, "trend": 49.559333, "fair_value": 40.599423, "relative_strength": 0.177979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.675044, "energy": 22.363891, "activity_lines": [ 51.188666, 51.150181, 51.137428, 50.64114 ] }, { "date": "2024-07-26", "close": 51.189999, "volume": 6200, "typical_volume": 17190.0, "trend": 49.747, "fair_value": 40.675961, "relative_strength": 0.894791, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.595159, "energy": 24.602164, "activity_lines": [ 51.249999, 51.122363, 51.155047, 50.746344 ] }, { "date": "2024-08-02", "close": 49.27, "volume": 6900, "typical_volume": 17095.0, "trend": 49.896333, "fair_value": 40.735961, "relative_strength": -0.367301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.729154, "energy": 5.157481, "activity_lines": [ 50.615999, 50.766545, 50.984857, 50.71557 ] }, { "date": "2024-08-09", "close": 49.169998, "volume": 5000, "typical_volume": 16330.0, "trend": 50.03, "fair_value": 40.794743, "relative_strength": -0.997244, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.17558, "energy": 28.627644, "activity_lines": [ 50.003332, 50.445817, 50.811714, 50.668709 ] }, { "date": "2024-08-16", "close": 51.169998, "volume": 2900, "typical_volume": 15850.0, "trend": 50.234667, "fair_value": 40.864615, "relative_strength": -0.350134, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -5.130616, "energy": 15.514641, "activity_lines": [ 50.215999, 50.533453, 50.837666, 50.742258 ] }, { "date": "2024-08-23", "close": 51.959999, "volume": 14100, "typical_volume": 15255.0, "trend": 50.416666, "fair_value": 40.940641, "relative_strength": 0.123484, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.395481, "energy": 15.567931, "activity_lines": [ 50.781332, 50.788181, 50.939333, 50.853569 ] }, { "date": "2024-08-30", "close": 51.75, "volume": 3200, "typical_volume": 14600.0, "trend": 50.588333, "fair_value": 41.013461, "relative_strength": -0.640183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.489725, "energy": 21.356991, "activity_lines": [ 51.180666, 50.964726, 51.015618, 50.939591 ] }, { "date": "2024-09-06", "close": 49.759998, "volume": 5100, "typical_volume": 14385.0, "trend": 50.680333, "fair_value": 41.074423, "relative_strength": -2.152782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.772442, "energy": 13.384525, "activity_lines": [ 50.879332, 50.754181, 50.893618, 50.88615 ] }, { "date": "2024-09-13", "close": 50.990002, "volume": 5400, "typical_volume": 14015.0, "trend": 50.797, "fair_value": 41.145449, "relative_strength": -3.171852, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.965548, "energy": 9.756395, "activity_lines": [ 50.955333, 50.773272, 50.887666, 50.906129 ] }, { "date": "2024-09-20", "close": 51.919998, "volume": 9200, "typical_volume": 14165.0, "trend": 50.894666, "fair_value": 41.221923, "relative_strength": -2.716287, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.540659, "energy": 25.539836, "activity_lines": [ 51.219999, 50.971636, 50.96938, 50.97858 ] }, { "date": "2024-09-27", "close": 53.439999, "volume": 2100, "typical_volume": 13605.0, "trend": 51.024, "fair_value": 41.317692, "relative_strength": -0.358995, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.481818, "energy": 51.037229, "activity_lines": [ 51.941333, 51.45709, 51.188571, 51.142795 ] }, { "date": "2024-10-04", "close": 51.869999, "volume": 15700, "typical_volume": 13455.0, "trend": 51.081333, "fair_value": 41.405897, "relative_strength": -4.110229, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.391715, "energy": 50.529591, "activity_lines": [ 52.040666, 51.603999, 51.252142, 51.197376 ] }, { "date": "2024-10-11", "close": 52.759998, "volume": 2200, "typical_volume": 12950.0, "trend": 51.151666, "fair_value": 41.496154, "relative_strength": -3.740511, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.654339, "energy": 61.686869, "activity_lines": [ 52.428665, 51.900363, 51.402761, 51.305677 ] }, { "date": "2024-10-18", "close": 52.330002, "volume": 2700, "typical_volume": 12065.0, "trend": 51.196666, "fair_value": 41.580449, "relative_strength": -5.882535, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.460572, "energy": 59.109497, "activity_lines": [ 52.473333, 52.05509, 51.509761, 51.381698 ] }, { "date": "2024-10-25", "close": 51.709999, "volume": 3800, "typical_volume": 11640.0, "trend": 51.211333, "fair_value": 41.658141, "relative_strength": -5.598826, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.981579, "energy": 31.333021, "activity_lines": [ 52.222, 52.039636, 51.55438, 51.414817 ] }, { "date": "2024-11-01", "close": 51.509998, "volume": 8000, "typical_volume": 10810.0, "trend": 51.233999, "fair_value": 41.727308, "relative_strength": -5.157308, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.129534, "energy": 20.775124, "activity_lines": [ 51.917999, 51.977999, 51.583523, 51.434085 ] }, { "date": "2024-11-08", "close": 50.200001, "volume": 12100, "typical_volume": 7835.0, "trend": 51.243666, "fair_value": 41.788013, "relative_strength": -9.341855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.24288, "energy": 11.475172, "activity_lines": [ 51.306, 51.686363, 51.479571, 51.367376 ] }, { "date": "2024-11-15", "close": 49.849998, "volume": 10000, "typical_volume": 7610.0, "trend": 51.254333, "fair_value": 41.849166, "relative_strength": -10.288135, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.981522, "energy": 23.26556, "activity_lines": [ 50.688666, 51.359272, 51.343047, 51.277462 ] }, { "date": "2024-11-22", "close": 48.889999, "volume": 7100, "typical_volume": 7590.0, "trend": 51.190666, "fair_value": 41.917692, "relative_strength": -13.703307, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.041205, "energy": 61.769529, "activity_lines": [ 49.945332, 50.855999, 51.116237, 51.124924 ] }, { "date": "2024-11-29", "close": 49.880001, "volume": 8500, "typical_volume": 7580.0, "trend": 51.173666, "fair_value": 41.990577, "relative_strength": -12.474598, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.968159, "energy": 62.662424, "activity_lines": [ 49.761333, 50.570909, 50.99638, 51.040365 ] }, { "date": "2024-12-06", "close": 52.200001, "volume": 6700, "typical_volume": 6845.0, "trend": 51.174999, "fair_value": 42.073397, "relative_strength": -8.40615, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.84185, "energy": 31.084275, "activity_lines": [ 50.472667, 50.744727, 51.11, 51.10658 ] }, { "date": "2024-12-13", "close": 52.029999, "volume": 47900, "typical_volume": 8930.0, "trend": 51.164333, "fair_value": 42.156346, "relative_strength": -7.071238, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.773636, "energy": 6.564408, "activity_lines": [ 51.081333, 50.910182, 51.199428, 51.161741 ] }, { "date": "2024-12-20", "close": 51.009998, "volume": 3000, "typical_volume": 8735.0, "trend": 51.124666, "fair_value": 42.2225, "relative_strength": -6.313965, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.108511, "energy": 13.421341, "activity_lines": [ 51.227999, 50.887272, 51.187714, 51.151784 ] }, { "date": "2024-12-27", "close": 51.389999, "volume": 1000, "typical_volume": 8535.0, "trend": 51.116666, "fair_value": 42.292179, "relative_strength": -6.282994, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.633568, "energy": 21.881085, "activity_lines": [ 51.423999, 50.965272, 51.203904, 51.168903 ] }, { "date": "2025-01-03", "close": 50.810001, "volume": 7400, "typical_volume": 8760.0, "trend": 51.061666, "fair_value": 42.36, "relative_strength": -8.274775, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.947948, "energy": 12.509287, "activity_lines": [ 51.26, 50.954909, 51.154285, 51.149118 ] }, { "date": "2025-01-10", "close": 51.669998, "volume": 3700, "typical_volume": 8240.0, "trend": 51.125333, "fair_value": 42.434936, "relative_strength": -5.516878, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.294552, "energy": 8.269482, "activity_lines": [ 51.320666, 51.117272, 51.188285, 51.188365 ] }, { "date": "2025-01-17", "close": 53.549999, "volume": 7500, "typical_volume": 8455.0, "trend": 51.231666, "fair_value": 42.528782, "relative_strength": -3.236886, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.869116, "energy": 51.933508, "activity_lines": [ 52.043332, 51.618545, 51.402714, 51.344795 ] }, { "date": "2025-01-24", "close": 54.939999, "volume": 10400, "typical_volume": 8720.0, "trend": 51.393333, "fair_value": 42.634872, "relative_strength": -2.249269, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.617253, "energy": 76.489668, "activity_lines": [ 53.127999, 52.311636, 51.740952, 51.584042 ] }, { "date": "2025-01-31", "close": 55.369999, "volume": 14100, "typical_volume": 9155.0, "trend": 51.520666, "fair_value": 42.741282, "relative_strength": -1.697871, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.677825, "energy": 87.362843, "activity_lines": [ 54.093999, 52.990363, 52.095475, 51.840601 ] }, { "date": "2025-02-07", "close": 54.950001, "volume": 10400, "typical_volume": 9215.0, "trend": 51.601999, "fair_value": 42.848077, "relative_strength": -2.031622, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.414948, "energy": 86.17965, "activity_lines": [ 54.654666, 53.474909, 52.389142, 52.061849 ] }, { "date": "2025-02-14", "close": 57.16, "volume": 24100, "typical_volume": 10315.0, "trend": 51.823333, "fair_value": 42.96891, "relative_strength": 1.739528, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.256832, "energy": 95.579978, "activity_lines": [ 55.676, 54.26909, 52.878857, 52.42043 ] }, { "date": "2025-02-21", "close": 56.759998, "volume": 18800, "typical_volume": 10470.0, "trend": 52.008999, "fair_value": 43.094423, "relative_strength": 2.40567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.74969, "energy": 91.227649, "activity_lines": [ 56.197999, 54.900363, 53.312761, 52.738924 ] }, { "date": "2025-02-28", "close": 57.18, "volume": 14200, "typical_volume": 11070.0, "trend": 52.272666, "fair_value": 43.255192, "relative_strength": 2.204587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.560663, "energy": 88.600483, "activity_lines": [ 56.646, 55.521999, 53.76338, 53.072537 ] }, { "date": "2025-03-07", "close": 60.330002, "volume": 51200, "typical_volume": 13495.0, "trend": 52.644666, "fair_value": 43.429423, "relative_strength": 10.474334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.86498, "energy": 96.565164, "activity_lines": [ 57.994667, 56.604182, 54.492952, 53.592365 ] }, { "date": "2025-03-14", "close": 59.450001, "volume": 30000, "typical_volume": 14805.0, "trend": 52.920666, "fair_value": 43.5825, "relative_strength": 9.675014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.740453, "energy": 87.710885, "activity_lines": [ 58.719334, 57.363818, 55.100619, 54.031419 ] }, { "date": "2025-03-21", "close": 58.98, "volume": 61800, "typical_volume": 17495.0, "trend": 53.154666, "fair_value": 43.738141, "relative_strength": 6.958743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.873992, "energy": 76.788517, "activity_lines": [ 58.987334, 57.880909, 55.626666, 54.422344 ] }, { "date": "2025-03-28", "close": 57.810001, "volume": 15800, "typical_volume": 17680.0, "trend": 53.356666, "fair_value": 43.882564, "relative_strength": 5.702972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.815986, "energy": 65.533448, "activity_lines": [ 58.744001, 58.052364, 56.005714, 54.722688 ] }, { "date": "2025-04-04", "close": 52.509998, "volume": 47600, "typical_volume": 19560.0, "trend": 53.448333, "fair_value": 43.999487, "relative_strength": 2.510523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.870445, "energy": 24.604398, "activity_lines": [ 56.664, 57.182727, 55.843762, 54.668064 ] }, { "date": "2025-04-11", "close": 53.759998, "volume": 42100, "typical_volume": 21310.0, "trend": 53.540666, "fair_value": 44.125448, "relative_strength": 3.196262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.008081, "energy": 22.007341, "activity_lines": [ 55.311999, 56.584545, 55.78819, 54.688172 ] }, { "date": "2025-04-18", "close": 54.450001, "volume": 18900, "typical_volume": 21830.0, "trend": 53.625, "fair_value": 44.255256, "relative_strength": 1.92524, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.949354, "energy": 26.918822, "activity_lines": [ 54.628, 56.141091, 55.775143, 54.746838 ] }, { "date": "2025-04-25", "close": 57.34, "volume": 34100, "typical_volume": 23200.0, "trend": 53.755, "fair_value": 44.410192, "relative_strength": 5.078861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.935669, "energy": 28.880723, "activity_lines": [ 55.240666, 56.232182, 56.015571, 54.986516 ] }, { "date": "2025-05-02", "close": 58.16, "volume": 28500, "typical_volume": 22230.0, "trend": 53.964666, "fair_value": 44.574615, "relative_strength": 5.189556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.73712, "energy": 20.183019, "activity_lines": [ 56.236, 56.469091, 56.309619, 55.270709 ] }, { "date": "2025-05-09", "close": 58.880001, "volume": 24700, "typical_volume": 23315.0, "trend": 54.168666, "fair_value": 44.740833, "relative_strength": 5.136606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.911325, "energy": 40.267629, "activity_lines": [ 57.448, 56.811455, 56.643048, 55.587828 ] }, { "date": "2025-05-16", "close": 60.189999, "volume": 26700, "typical_volume": 24600.0, "trend": 54.430666, "fair_value": 44.91609, "relative_strength": 4.945737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.851353, "energy": 70.430599, "activity_lines": [ 58.672, 57.361091, 57.063762, 55.976301 ] }, { "date": "2025-05-23", "close": 59.02, "volume": 21700, "typical_volume": 25315.0, "trend": 54.674333, "fair_value": 45.07282, "relative_strength": 3.323445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.6078, "energy": 66.964604, "activity_lines": [ 59.077333, 57.700545, 57.331143, 56.272387 ] }, { "date": "2025-05-30", "close": 59.5, "volume": 20300, "typical_volume": 26145.0, "trend": 54.940666, "fair_value": 45.236859, "relative_strength": 3.030081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.748228, "energy": 67.553514, "activity_lines": [ 59.338, 58.135091, 57.605143, 56.58372 ] }, { "date": "2025-06-06", "close": 60.259998, "volume": 10000, "typical_volume": 26270.0, "trend": 55.276, "fair_value": 45.416923, "relative_strength": 3.436778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.737282, "energy": 67.274137, "activity_lines": [ 59.707999, 58.698363, 57.914238, 56.926903 ] }, { "date": "2025-06-13", "close": 58.779999, "volume": 12700, "typical_volume": 26385.0, "trend": 55.573666, "fair_value": 45.594295, "relative_strength": 0.681541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.954408, "energy": 42.781965, "activity_lines": [ 59.444666, 58.947999, 58.050428, 57.152967 ] }, { "date": "2025-06-20", "close": 58.790001, "volume": 17600, "typical_volume": 26560.0, "trend": 55.903666, "fair_value": 45.76609, "relative_strength": 0.828098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.394229, "energy": 37.00299, "activity_lines": [ 59.191333, 59.085454, 58.169286, 57.360473 ] }, { "date": "2025-06-27", "close": 60.709999, "volume": 17900, "typical_volume": 26935.0, "trend": 56.264666, "fair_value": 45.956474, "relative_strength": 3.37534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.702195, "energy": 41.929447, "activity_lines": [ 59.671333, 59.480545, 58.454714, 57.670559 ] }, { "date": "2025-07-04", "close": 60.18, "volume": 10900, "typical_volume": 26275.0, "trend": 56.530666, "fair_value": 46.145577, "relative_strength": 1.21372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.845091, "energy": 40.574459, "activity_lines": [ 59.862, 59.665454, 58.662238, 57.923161 ] }, { "date": "2025-07-11", "close": 61.18, "volume": 14900, "typical_volume": 26080.0, "trend": 56.835666, "fair_value": 46.343269, "relative_strength": 3.047494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.945157, "energy": 61.520404, "activity_lines": [ 60.340667, 59.980545, 58.950619, 58.223118 ] }, { "date": "2025-07-18", "close": 60.540001, "volume": 9500, "typical_volume": 25845.0, "trend": 57.153333, "fair_value": 46.530256, "relative_strength": 0.893147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.765731, "energy": 63.871965, "activity_lines": [ 60.544667, 60.124364, 59.157, 58.462107 ] }, { "date": "2025-07-25", "close": 61.5, "volume": 14900, "typical_volume": 24030.0, "trend": 57.490333, "fair_value": 46.716731, "relative_strength": 1.826695, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.085202, "energy": 70.79201, "activity_lines": [ 60.951334, 60.412545, 59.438809, 58.742537 ] }, { "date": "2025-08-01", "close": 58.75, "volume": 20200, "typical_volume": 23540.0, "trend": 57.755, "fair_value": 46.883718, "relative_strength": -0.983438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.825033, "energy": 37.496115, "activity_lines": [ 60.260667, 60.176909, 59.453143, 58.823806 ] }, { "date": "2025-08-08", "close": 61.029999, "volume": 8300, "typical_volume": 20865.0, "trend": 58.067, "fair_value": 47.062884, "relative_strength": 0.128078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.846185, "energy": 36.950855, "activity_lines": [ 60.460666, 60.360727, 59.687952, 59.035097 ] }, { "date": "2025-08-15", "close": 62.73, "volume": 43900, "typical_volume": 22270.0, "trend": 58.373, "fair_value": 47.256538, "relative_strength": 2.350268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.931987, "energy": 46.746752, "activity_lines": [ 61.170666, 60.825818, 60.074905, 59.335935 ] }, { "date": "2025-08-22", "close": 63.200001, "volume": 17300, "typical_volume": 20755.0, "trend": 58.648333, "fair_value": 47.463461, "relative_strength": 1.561574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.884478, "energy": 52.909296, "activity_lines": [ 61.934, 61.331455, 60.48319, 59.647355 ] }, { "date": "2025-08-29", "close": 61.189999, "volume": 13000, "typical_volume": 19300.0, "trend": 58.842333, "fair_value": 47.66282, "relative_strength": -2.401419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.48785, "energy": 61.387342, "activity_lines": [ 61.85, 61.391273, 60.649143, 59.811333 ] }, { "date": "2025-09-05", "close": 61.459999, "volume": 12200, "typical_volume": 18965.0, "trend": 59.059333, "fair_value": 47.856666, "relative_strength": -3.553091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.994786, "energy": 57.054031, "activity_lines": [ 61.876666, 61.456545, 60.805428, 59.980215 ] }, { "date": "2025-09-12", "close": 62.400002, "volume": 14000, "typical_volume": 17960.0, "trend": 59.234, "fair_value": 48.057948, "relative_strength": -2.830015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.753301, "energy": 49.792893, "activity_lines": [ 62.036, 61.679091, 61.017857, 60.195742 ] }, { "date": "2025-09-19", "close": 62.91, "volume": 22600, "typical_volume": 17665.0, "trend": 59.439, "fair_value": 48.272307, "relative_strength": -3.578142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.433416, "energy": 44.125019, "activity_lines": [ 62.274, 61.954, 61.254762, 60.432903 ] }, { "date": "2025-09-26", "close": 63.799999, "volume": 9600, "typical_volume": 16910.0, "trend": 59.659667, "fair_value": 48.491731, "relative_strength": -2.116033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.950483, "energy": 59.981449, "activity_lines": [ 62.796667, 62.359273, 61.553809, 60.714258 ] }, { "date": "2025-10-03", "close": 65.879997, "volume": 14100, "typical_volume": 16280.0, "trend": 59.844666, "fair_value": 48.721923, "relative_strength": -1.294515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.854854, "energy": 83.288641, "activity_lines": [ 63.972666, 63.083454, 62.027523, 61.11557 ] }, { "date": "2025-10-10", "close": 63.669998, "volume": 20200, "typical_volume": 16205.0, "trend": 59.985333, "fair_value": 48.936025, "relative_strength": -2.602062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.774276, "energy": 74.364674, "activity_lines": [ 64.099332, 63.326181, 62.263666, 61.362365 ] }, { "date": "2025-10-17", "close": 65.599998, "volume": 13200, "typical_volume": 15850.0, "trend": 60.206, "fair_value": 49.155769, "relative_strength": -0.569911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.261807, "energy": 80.660101, "activity_lines": [ 64.721998, 63.830362, 62.661476, 61.724602 ] }, { "date": "2025-10-24", "close": 65.605003, "volume": 13600, "typical_volume": 16030.0, "trend": 60.465833, "fair_value": 49.366186, "relative_strength": -1.404871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.362278, "energy": 77.07859, "activity_lines": [ 65.133, 64.252363, 63.030714, 62.072924 ] }, { "date": "2025-10-31", "close": 65.18, "volume": 11000, "typical_volume": 15945.0, "trend": 60.888166, "fair_value": 49.572981, "relative_strength": -1.770576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.654174, "energy": 61.124085, "activity_lines": [ 65.222667, 64.544818, 63.334023, 62.377064 ] }, { "date": "2025-11-07", "close": 64.870003, "volume": 8500, "typical_volume": 15490.0, "trend": 61.2585, "fair_value": 49.760481, "relative_strength": -1.221045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.30099, "energy": 57.539152, "activity_lines": [ 65.117001, 64.744909, 63.577333, 62.633957 ] }, { "date": "2025-11-14", "close": 65.900002, "volume": 12100, "typical_volume": 15200.0, "trend": 61.640167, "fair_value": 49.950673, "relative_strength": -1.170912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.43767, "energy": 57.477575, "activity_lines": [ 65.422002, 65.065364, 63.889786, 62.933409 ] }, { "date": "2025-11-21", "close": 63.98, "volume": 17400, "typical_volume": 15525.0, "trend": 61.8615, "fair_value": 50.124775, "relative_strength": -3.691188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.930009, "energy": 38.611883, "activity_lines": [ 64.938335, 64.956001, 63.994667, 63.084366 ] }, { "date": "2025-11-28", "close": 65.540001, "volume": 18500, "typical_volume": 15705.0, "trend": 62.1075, "fair_value": 50.302916, "relative_strength": -5.303544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.097017, "energy": 39.640157, "activity_lines": [ 65.082668, 65.101546, 64.230024, 63.321688 ] }, { "date": "2025-12-05", "close": 65.580002, "volume": 10100, "typical_volume": 15735.0, "trend": 62.330833, "fair_value": 50.481699, "relative_strength": -5.081547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.59421, "energy": 42.54705, "activity_lines": [ 65.244668, 65.206547, 64.448429, 63.545721 ] }, { "date": "2025-12-12", "close": 65.900002, "volume": 8800, "typical_volume": 15430.0, "trend": 62.521167, "fair_value": 50.667404, "relative_strength": -5.297974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.986087, "energy": 41.249252, "activity_lines": [ 65.486668, 65.337365, 64.67331, 63.77599 ] }, { "date": "2025-12-19", "close": 66.25, "volume": 16500, "typical_volume": 15245.0, "trend": 62.762167, "fair_value": 50.856186, "relative_strength": -5.490146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.532223, "energy": 47.993909, "activity_lines": [ 65.776668, 65.531456, 64.910572, 64.01656 ] }, { "date": "2025-12-26", "close": 66.669998, "volume": 16200, "typical_volume": 15640.0, "trend": 63.001167, "fair_value": 51.04907, "relative_strength": -5.625224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.734011, "energy": 54.793834, "activity_lines": [ 66.183333, 65.755001, 65.152119, 64.268678 ] }, { "date": "2026-01-02", "close": 67.080002, "volume": 14100, "typical_volume": 14150.0, "trend": 63.2285, "fair_value": 51.23266, "relative_strength": -4.762452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.3866, "energy": 64.689274, "activity_lines": [ 66.547334, 66.033637, 65.405858, 64.531828 ] }, { "date": "2026-01-09", "close": 69.089996, "volume": 17400, "typical_volume": 14155.0, "trend": 63.572167, "fair_value": 51.416506, "relative_strength": -4.129849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.180288, "energy": 85.027093, "activity_lines": [ 67.478666, 66.650909, 65.83031, 64.909989 ] }, { "date": "2026-01-16", "close": 69.309998, "volume": 30500, "typical_volume": 15030.0, "trend": 63.922833, "fair_value": 51.602916, "relative_strength": -5.037737, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.140875, "energy": 91.496808, "activity_lines": [ 68.249332, 67.23709, 66.247667, 65.280172 ] }, { "date": "2026-01-23", "close": 68.540001, "volume": 22600, "typical_volume": 15550.0, "trend": 64.183833, "fair_value": 51.783045, "relative_strength": -6.315678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.27728, "energy": 84.325233, "activity_lines": [ 68.535999, 67.602545, 66.553024, 65.578054 ] }, { "date": "2026-01-30", "close": 68.029999, "volume": 24500, "typical_volume": 16075.0, "trend": 64.4455, "fair_value": 51.955929, "relative_strength": -3.4232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.161015, "energy": 76.532235, "activity_lines": [ 68.499999, 67.827272, 66.776095, 65.826194 ] }, { "date": "2026-02-06", "close": 68.940002, "volume": 22500, "typical_volume": 16070.0, "trend": 64.704167, "fair_value": 52.138878, "relative_strength": -3.750812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.224062, "energy": 59.034565, "activity_lines": [ 68.676667, 68.143818, 67.059024, 66.116161 ] }, { "date": "2026-02-13", "close": 68.779999, "volume": 23000, "typical_volume": 16740.0, "trend": 64.978833, "fair_value": 52.314327, "relative_strength": -5.589537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.176471, "energy": 53.72086, "activity_lines": [ 68.676, 68.369454, 67.298, 66.379118 ] }, { "date": "2026-02-20", "close": 70.360001, "volume": 20200, "typical_volume": 17045.0, "trend": 65.274167, "fair_value": 52.506955, "relative_strength": -5.39916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.462749, "energy": 63.563564, "activity_lines": [ 69.222667, 68.824182, 67.663738, 66.72629 ] }, { "date": "2026-02-27", "close": 70.029999, "volume": 30200, "typical_volume": 17545.0, "trend": 65.650167, "fair_value": 52.691955, "relative_strength": -7.102938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.669411, "energy": 68.129127, "activity_lines": [ 69.589333, 69.137818, 67.976714, 67.033118 ] }, { "date": "2026-03-06", "close": 64.139999, "volume": 60700, "typical_volume": 19920.0, "trend": 65.753833, "fair_value": 52.836891, "relative_strength": -11.298331, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 14.295922, "energy": 15.497828, "activity_lines": [ 67.893333, 68.311818, 67.698452, 66.935688 ] }, { "date": "2026-03-13", "close": 63.584999, "volume": 43700, "typical_volume": 21425.0, "trend": 65.782333, "fair_value": 52.988846, "relative_strength": -10.232729, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -2.063278, "energy": 16.704919, "activity_lines": [ 66.271666, 67.430909, 67.374285, 66.795763 ] }, { "date": "2026-03-20", "close": 61.439999, "volume": 24500, "typical_volume": 22100.0, "trend": 65.723667, "fair_value": 53.118782, "relative_strength": -9.549593, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.271242, "energy": 47.592436, "activity_lines": [ 64.291999, 66.223545, 66.855452, 66.515613 ] }, { "date": "2026-03-27", "close": 62.0, "volume": 31000, "typical_volume": 23225.0, "trend": 65.750667, "fair_value": 53.243461, "relative_strength": -10.248002, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.306076, "energy": 49.769515, "activity_lines": [ 62.988333, 65.25709, 66.407762, 66.275376 ] }, { "date": "2026-04-03", "close": 65.110001, "volume": 15300, "typical_volume": 23385.0, "trend": 65.872333, "fair_value": 53.38641, "relative_strength": -8.771273, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.617942, "energy": 56.381223, "activity_lines": [ 63.278667, 64.989, 66.269928, 66.234043 ] }, { "date": "2026-04-10", "close": 68.440002, "volume": 62500, "typical_volume": 25640.0, "trend": 66.073667, "fair_value": 53.546795, "relative_strength": -5.568752, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.029133, "energy": 17.725722, "activity_lines": [ 65.007001, 65.388727, 66.453, 66.399699 ] }, { "date": "2026-04-17", "close": 69.43, "volume": 30100, "typical_volume": 26220.0, "trend": 66.291, "fair_value": 53.709038, "relative_strength": -5.824143, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.53623, "energy": 18.728652, "activity_lines": [ 66.778667, 65.961, 66.709119, 66.616237 ] }, { "date": "2026-04-24", "close": 67.459999, "volume": 13200, "typical_volume": 26375.0, "trend": 66.413, "fair_value": 53.859231, "relative_strength": -7.027336, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.831928, "energy": 24.990174, "activity_lines": [ 67.504, 66.166182, 66.759095, 66.691656 ] }, { "date": "2026-05-01", "close": 67.150002, "volume": 21700, "typical_volume": 27020.0, "trend": 66.455333, "fair_value": 54.010192, "relative_strength": -7.133837, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.831097, "energy": 27.400187, "activity_lines": [ 67.724667, 66.339, 66.770595, 66.739204 ] }, { "date": "2026-05-08", "close": 68.709999, "volume": 16000, "typical_volume": 26995.0, "trend": 66.623334, "fair_value": 54.173013, "relative_strength": -5.235615, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.544212, "energy": 32.675631, "activity_lines": [ 68.122, 66.853818, 66.924714, 66.884667 ] }, { "date": "2026-05-15", "close": 66.830002, "volume": 12300, "typical_volume": 26800.0, "trend": 66.664334, "fair_value": 54.320384, "relative_strength": -6.874611, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.83262, "energy": 20.475962, "activity_lines": [ 67.652667, 67.050819, 66.888072, 66.898 ] }, { "date": "2026-05-22", "close": 69.32, "volume": 9800, "typical_volume": 26585.0, "trend": 66.788167, "fair_value": 54.490384, "relative_strength": -4.960381, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.634712, "energy": 29.231458, "activity_lines": [ 68.120667, 67.651637, 67.08781, 67.069333 ] }, { "date": "2026-05-29", "close": 69.959999, "volume": 13400, "typical_volume": 26385.0, "trend": 66.9475, "fair_value": 54.665449, "relative_strength": -4.678058, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.587016, "energy": 32.266169, "activity_lines": [ 68.809333, 68.264546, 67.337833, 67.273968 ] }, { "date": "2026-06-05", "close": 69.660004, "volume": 2200, "typical_volume": 24970.0, "trend": 67.107167, "fair_value": 54.841923, "relative_strength": -3.882005, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.829567, "energy": 41.059593, "activity_lines": [ 69.231335, 68.668001, 67.555143, 67.448968 ] }, { "date": "2026-06-12", "close": 71.900002, "volume": 2400, "typical_volume": 23960.0, "trend": 67.307167, "fair_value": 55.024872, "relative_strength": -2.137478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.93083, "energy": 64.24314, "activity_lines": [ 70.232668, 69.339456, 67.98412, 67.758183 ] }, { "date": "2026-06-19", "close": 73.849998, "volume": 2000, "typical_volume": 22835.0, "trend": 67.636167, "fair_value": 55.225897, "relative_strength": 0.525733, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.904135, "energy": 75.219604, "activity_lines": [ 71.671334, 70.242001, 68.58281, 68.180301 ] }, { "date": "2026-06-26", "close": 72.449997, "volume": 1400, "typical_volume": 21780.0, "trend": 67.8665, "fair_value": 55.410192, "relative_strength": -1.227495, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.297328, "energy": 73.042835, "activity_lines": [ 72.175333, 70.791636, 69.020453, 68.490871 ] }, { "date": "2026-07-03", "close": 75.099998, "volume": 2000, "typical_volume": 20730.0, "trend": 68.183833, "fair_value": 55.620128, "relative_strength": 1.696559, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.94851, "energy": 82.816598, "activity_lines": [ 73.353999, 71.768181, 69.693762, 68.957548 ] }, { "date": "2026-07-10", "close": 73.25, "volume": 11100, "typical_volume": 20275.0, "trend": 68.428833, "fair_value": 55.803654, "relative_strength": -0.799279, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.333767, "energy": 76.473881, "activity_lines": [ 73.573332, 72.269454, 70.160786, 69.284398 ] }, { "date": "2026-07-17", "close": 72.120003, "volume": 14900, "typical_volume": 19510.0, "trend": 68.6245, "fair_value": 55.982243, "relative_strength": -2.060678, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.932797, "energy": 59.963885, "activity_lines": [ 73.176667, 72.454364, 70.506429, 69.522538 ] }, { "date": "2026-07-24", "close": 72.5, "volume": 17200, "typical_volume": 17335.0, "trend": 68.818833, "fair_value": 56.160641, "relative_strength": -1.66814, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.27209, "energy": 47.05743, "activity_lines": [ 72.892, 72.646364, 70.87831, 69.77257 ] }, { "date": "2026-07-31", "close": 74.379997, "volume": 10000, "typical_volume": 15650.0, "trend": 69.062167, "fair_value": 56.35641, "relative_strength": 1.349929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.249224, "energy": 46.284904, "activity_lines": [ 73.323999, 73.07709, 71.389428, 70.131355 ] }, { "date": "2026-08-07", "close": 76.089996, "volume": 7900, "typical_volume": 14820.0, "trend": 69.2955, "fair_value": 56.564231, "relative_strength": 0.487509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.969627, "energy": 55.374083, "activity_lines": [ 74.197332, 73.726726, 72.012, 70.584763 ] } ], "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." } } }