{ "ticker": { "uuid": "5c3ea98c-253f-4820-95b4-1b31f859d046", "symbol": "DAN", "name": "Danieli & C. Officine Meccaniche S.p.A.", "exchange": "MIL", "country": "IT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 55.273, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 8.345, "architecture_energy": 14.883, "architecture_maturity": 46.956, "architecture_confidence": 88.933, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 64.26, "rotation_up": 16.94, "upward_expansion": 45.29, "deceleration": 86.59, "rotation_down": 36.91, "downward_expansion": 27.96 }, "activity_lines": [ 67.180001, 68.586364, 69.086667, 67.840646 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 67.050003, "trend_reference": 66.221667, "distance_from_trend": 0.012509, "trend_direction": "Improving", "fair_value": 38.864288, "distance_from_fair_value": 0.725234, "fair_value_direction": "Weakening", "relative_strength": 1.017039, "relative_strength_direction": "Weakening", "price_momentum": 0.047656, "excess_performance": -0.123235, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.012509, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.116901, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.725234, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.212179, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.01017, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.221181, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.047656, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.336739, "read": "Demand-led" } ], "volume": { "latest": 298734, "relative_activity": 1.484967, "balance": 1.336739, "dry_up": 1.115692, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.067745, "annualized_volatility": 0.348467, "from_high_reference": -0.113095, "from_low_reference": 0.771809 }, "levels": { "trend_reference": 66.221667, "fair_value_reference": 38.864288, "structural_low": 54.5, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": -0.030114, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.039052, "regime_survival": 0.416667, "best_return": 0.204991, "worst_return": -0.141243, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.140336, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.041457, "regime_survival": 0.142857, "best_return": 0.39834, "worst_return": -0.292365, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.100204, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.058565, "regime_survival": 0.0, "best_return": 0.720143, "worst_return": -0.305569, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.168996, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.013364, "regime_survival": 0.5, "best_return": 0.939128, "worst_return": -0.198223, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-08-16", "tenure": "Developing", "return": -0.105624, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-23", "end": "2024-09-13", "tenure": "New", "return": -0.156716, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-20", "end": "2025-02-07", "tenure": "Established", "return": -0.104755, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-03-21", "tenure": "Developing", "return": 0.056838, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.128501, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.153298, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-06-27", "tenure": "Developing", "return": -0.051775, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-07-18", "tenure": "New", "return": 0.058735, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-11-21", "tenure": "Established", "return": 0.230563, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": -0.003112, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-20", "tenure": "Established", "return": 0.104126, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.147059, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-10", "tenure": "Developing", "return": 0.017964, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.009601, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 21.134275, "volume": 71004, "typical_volume": 105453.85, "trend": 22.561, "fair_value": 20.113313, "relative_strength": -7.938908, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.703913, "energy": 31.128288, "activity_lines": [ 21.050255, 21.047905, 21.549759, 22.001371 ] }, { "date": "2023-08-25", "close": 20.940384, "volume": 60823, "typical_volume": 101849.3, "trend": 22.480212, "fair_value": 20.173654, "relative_strength": -10.105578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.730804, "energy": 35.228467, "activity_lines": [ 21.008245, 21.00472, 21.442888, 21.896815 ] }, { "date": "2023-09-01", "close": 21.812899, "volume": 173691, "typical_volume": 103767.1, "trend": 22.422044, "fair_value": 20.239588, "relative_strength": -7.626239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.902873, "energy": 25.973767, "activity_lines": [ 21.247379, 21.144851, 21.429038, 21.853762 ] }, { "date": "2023-09-08", "close": 21.861372, "volume": 62180, "typical_volume": 97607.6, "trend": 22.371955, "fair_value": 20.303538, "relative_strength": -5.950757, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.91022, "energy": 17.716554, "activity_lines": [ 21.489745, 21.288508, 21.431115, 21.81759 ] }, { "date": "2023-09-15", "close": 22.249155, "volume": 171820, "typical_volume": 102202.15, "trend": 22.334793, "fair_value": 20.372752, "relative_strength": -6.587921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.261304, "energy": 11.797219, "activity_lines": [ 21.809667, 21.492095, 21.479588, 21.809667 ] }, { "date": "2023-09-22", "close": 23.364038, "volume": 225849, "typical_volume": 106647.8, "trend": 22.296014, "fair_value": 20.441988, "relative_strength": -1.021819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 38.574194, "energy": 37.715388, "activity_lines": [ 22.397807, 21.870185, 21.637241, 21.87607 ] }, { "date": "2023-09-29", "close": 26.078531, "volume": 810004, "typical_volume": 144316.65, "trend": 22.344487, "fair_value": 20.524882, "relative_strength": 11.476722, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 54.623878, "energy": 72.845788, "activity_lines": [ 23.742128, 22.692465, 22.050648, 22.120104 ] }, { "date": "2023-10-06", "close": 25.836166, "volume": 389324, "typical_volume": 158641.55, "trend": 22.410734, "fair_value": 20.605619, "relative_strength": 11.871871, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 61.044385, "energy": 83.203654, "activity_lines": [ 24.663117, 23.374614, 22.42389, 22.345373 ] }, { "date": "2023-10-13", "close": 26.902575, "volume": 294017, "typical_volume": 166135.6, "trend": 22.54969, "fair_value": 20.695245, "relative_strength": 14.465558, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.570203, "energy": 96.219156, "activity_lines": [ 25.671358, 24.173979, 22.885308, 22.635169 ] }, { "date": "2023-10-20", "close": 24.381971, "volume": 441034, "typical_volume": 183038.8, "trend": 22.612705, "fair_value": 20.765694, "relative_strength": 7.101275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.487901, "energy": 85.14557, "activity_lines": [ 25.503317, 24.409294, 23.084279, 22.753381 ] }, { "date": "2023-10-27", "close": 23.800295, "volume": 222417, "typical_volume": 189924.15, "trend": 22.615937, "fair_value": 20.844005, "relative_strength": 4.826296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.729509, "energy": 57.941966, "activity_lines": [ 24.999196, 24.471868, 23.218387, 22.83 ] }, { "date": "2023-11-03", "close": 25.399908, "volume": 199913, "typical_volume": 194610.45, "trend": 22.695109, "fair_value": 20.929552, "relative_strength": 6.370613, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.212838, "energy": 51.911798, "activity_lines": [ 24.999197, 24.776808, 23.499301, 23.009611 ] }, { "date": "2023-11-10", "close": 25.496855, "volume": 262283, "typical_volume": 203218.6, "trend": 22.738735, "fair_value": 21.009925, "relative_strength": 7.290182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.332944, "energy": 42.015973, "activity_lines": [ 25.076754, 25.018292, 23.774674, 23.190369 ] }, { "date": "2023-11-17", "close": 25.545328, "volume": 123099, "typical_volume": 205400.7, "trend": 22.795287, "fair_value": 21.088435, "relative_strength": 3.808777, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.93203, "energy": 40.312064, "activity_lines": [ 25.19309, 25.201609, 24.035736, 23.371439 ] }, { "date": "2023-11-24", "close": 26.683292, "volume": 183710, "typical_volume": 210533.55, "trend": 22.922086, "fair_value": 21.174118, "relative_strength": 8.483429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.00571, "energy": 54.958004, "activity_lines": [ 25.77923, 25.524847, 24.384864, 23.622278 ] }, { "date": "2023-12-01", "close": 26.830442, "volume": 201859, "typical_volume": 214735.25, "trend": 23.057023, "fair_value": 21.258549, "relative_strength": 7.111893, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.697928, "energy": 64.923136, "activity_lines": [ 26.260999, 25.794219, 24.719504, 23.87443 ] }, { "date": "2023-12-08", "close": 26.487091, "volume": 175858, "typical_volume": 218370.05, "trend": 23.190208, "fair_value": 21.341145, "relative_strength": 4.031718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.734259, "energy": 63.99222, "activity_lines": [ 26.426307, 25.938138, 24.992011, 24.095725 ] }, { "date": "2023-12-15", "close": 27.566196, "volume": 368383, "typical_volume": 228866.2, "trend": 23.34159, "fair_value": 21.431634, "relative_strength": 8.221831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.307391, "energy": 70.45053, "activity_lines": [ 26.878839, 26.27083, 25.340185, 24.378047 ] }, { "date": "2023-12-22", "close": 29.135801, "volume": 463405, "typical_volume": 247545.8, "trend": 23.572761, "fair_value": 21.531209, "relative_strength": 14.235198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.379475, "energy": 78.300659, "activity_lines": [ 27.716616, 26.857449, 25.809525, 24.751867 ] }, { "date": "2023-12-29", "close": 28.792448, "volume": 183866, "typical_volume": 254226.95, "trend": 23.786023, "fair_value": 21.628095, "relative_strength": 12.639986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.10115, "energy": 83.542912, "activity_lines": [ 28.200577, 27.341036, 26.207832, 25.088621 ] }, { "date": "2024-01-05", "close": 28.498148, "volume": 222338, "typical_volume": 261793.65, "trend": 23.981397, "fair_value": 21.717607, "relative_strength": 10.897934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.683103, "energy": 80.664443, "activity_lines": [ 28.445828, 27.690924, 26.539565, 25.392629 ] }, { "date": "2024-01-12", "close": 29.822504, "volume": 291049, "typical_volume": 273304.95, "trend": 24.232226, "fair_value": 21.805731, "relative_strength": 15.597743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.372041, "energy": 86.916243, "activity_lines": [ 29.02135, 28.196188, 26.962361, 25.769474 ] }, { "date": "2024-01-19", "close": 29.969652, "volume": 419170, "typical_volume": 285578.9, "trend": 24.513812, "fair_value": 21.898456, "relative_strength": 16.605329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.466435, "energy": 86.048151, "activity_lines": [ 29.423561, 28.647796, 27.356876, 26.139631 ] }, { "date": "2024-01-26", "close": 30.852558, "volume": 276037, "typical_volume": 296271.75, "trend": 24.832908, "fair_value": 21.996841, "relative_strength": 19.308842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.268103, "energy": 85.878899, "activity_lines": [ 29.959844, 29.178608, 27.796635, 26.548582 ] }, { "date": "2024-02-02", "close": 30.018703, "volume": 190103, "typical_volume": 297185.9, "trend": 25.143597, "fair_value": 22.082442, "relative_strength": 14.536315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.197042, "energy": 79.461784, "activity_lines": [ 30.103724, 29.461315, 28.114164, 26.88315 ] }, { "date": "2024-02-09", "close": 30.656357, "volume": 631224, "typical_volume": 317454.65, "trend": 25.477158, "fair_value": 22.169691, "relative_strength": 14.995376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.223817, "energy": 68.361283, "activity_lines": [ 30.378405, 29.799316, 28.455424, 27.238812 ] }, { "date": "2024-02-16", "close": 31.146856, "volume": 256367, "typical_volume": 289772.8, "trend": 25.822221, "fair_value": 22.264719, "relative_strength": 14.355594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.632599, "energy": 64.760808, "activity_lines": [ 30.672706, 30.156936, 28.808673, 27.604599 ] }, { "date": "2024-02-23", "close": 30.656357, "volume": 264720, "typical_volume": 283542.6, "trend": 26.123466, "fair_value": 22.355017, "relative_strength": 9.149598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.556556, "energy": 57.996909, "activity_lines": [ 30.715216, 30.340651, 29.091073, 27.916478 ] }, { "date": "2024-03-01", "close": 30.607307, "volume": 286713, "typical_volume": 283177.4, "trend": 26.440849, "fair_value": 22.443903, "relative_strength": 8.096572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.381639, "energy": 54.325179, "activity_lines": [ 30.695597, 30.459264, 29.345848, 28.205758 ] }, { "date": "2024-03-08", "close": 32.765514, "volume": 537545, "typical_volume": 288002.95, "trend": 26.843099, "fair_value": 22.528941, "relative_strength": 13.818861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.222476, "energy": 61.073621, "activity_lines": [ 31.411729, 30.943523, 29.788525, 28.613801 ] }, { "date": "2024-03-15", "close": 32.863613, "volume": 362918, "typical_volume": 295028.0, "trend": 27.234077, "fair_value": 22.609121, "relative_strength": 12.165068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.120831, "energy": 62.092926, "activity_lines": [ 31.977441, 31.37338, 30.200624, 29.002222 ] }, { "date": "2024-03-22", "close": 32.667412, "volume": 182770, "typical_volume": 294170.85, "trend": 27.624978, "fair_value": 22.690482, "relative_strength": 9.981701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.39635, "energy": 61.483949, "activity_lines": [ 32.330602, 31.688193, 30.550877, 29.352759 ] }, { "date": "2024-03-29", "close": 32.275013, "volume": 169306, "typical_volume": 289522.0, "trend": 27.973715, "fair_value": 22.765974, "relative_strength": 7.260933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.798144, "energy": 60.58976, "activity_lines": [ 32.451592, 31.879935, 30.829153, 29.652761 ] }, { "date": "2024-04-05", "close": 31.490208, "volume": 164600, "typical_volume": 291597.05, "trend": 28.294676, "fair_value": 22.840093, "relative_strength": 6.737462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.083504, "energy": 50.583679, "activity_lines": [ 32.203071, 31.887069, 31.000408, 29.879632 ] }, { "date": "2024-04-12", "close": 33.697464, "volume": 291045, "typical_volume": 296963.8, "trend": 28.676287, "fair_value": 22.922874, "relative_strength": 14.72347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.988073, "energy": 54.308633, "activity_lines": [ 32.631442, 32.283929, 31.353569, 30.228199 ] }, { "date": "2024-04-19", "close": 31.490208, "volume": 485209, "typical_volume": 311131.3, "trend": 28.947159, "fair_value": 22.995164, "relative_strength": 6.547503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.411767, "energy": 39.04499, "activity_lines": [ 32.261931, 32.212584, 31.463114, 30.409742 ] }, { "date": "2024-04-26", "close": 32.029762, "volume": 253518, "typical_volume": 315014.3, "trend": 29.145533, "fair_value": 23.076096, "relative_strength": 7.121962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.720961, "energy": 30.783489, "activity_lines": [ 32.163831, 32.224178, 31.601856, 30.60862 ] }, { "date": "2024-05-03", "close": 33.256016, "volume": 266704, "typical_volume": 309930.35, "trend": 29.392862, "fair_value": 23.163059, "relative_strength": 12.889326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.063258, "energy": 41.025648, "activity_lines": [ 32.516993, 32.442674, 31.830991, 30.873812 ] }, { "date": "2024-05-10", "close": 33.452213, "volume": 133186, "typical_volume": 293419.4, "trend": 29.611183, "fair_value": 23.248841, "relative_strength": 9.842722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.148019, "energy": 41.071295, "activity_lines": [ 32.870153, 32.649576, 32.051716, 31.135706 ] }, { "date": "2024-05-17", "close": 33.452213, "volume": 237288, "typical_volume": 296090.5, "trend": 29.913524, "fair_value": 23.333098, "relative_strength": 7.28591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.29243, "energy": 45.020929, "activity_lines": [ 33.092513, 32.804752, 32.251887, 31.383514 ] }, { "date": "2024-05-24", "close": 36.002827, "volume": 516851, "typical_volume": 310816.15, "trend": 30.320276, "fair_value": 23.432486, "relative_strength": 17.957908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.226588, "energy": 73.987444, "activity_lines": [ 34.181428, 33.411192, 32.672785, 31.776372 ] }, { "date": "2024-05-31", "close": 36.248074, "volume": 265126, "typical_volume": 309520.0, "trend": 30.681881, "fair_value": 23.526129, "relative_strength": 18.183785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.286948, "energy": 79.886008, "activity_lines": [ 35.051251, 34.005144, 33.081303, 32.158811 ] }, { "date": "2024-06-07", "close": 36.738579, "volume": 261250, "typical_volume": 301624.0, "trend": 31.056605, "fair_value": 23.622307, "relative_strength": 18.621211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.392585, "energy": 86.560818, "activity_lines": [ 35.803354, 34.623177, 33.505937, 32.549566 ] }, { "date": "2024-06-14", "close": 36.542377, "volume": 171933, "typical_volume": 296418.8, "trend": 31.423174, "fair_value": 23.723325, "relative_strength": 24.341697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.251741, "energy": 84.996377, "activity_lines": [ 36.257886, 35.124381, 33.879653, 32.903487 ] }, { "date": "2024-06-21", "close": 35.561375, "volume": 308910, "typical_volume": 302359.15, "trend": 31.71911, "fair_value": 23.812566, "relative_strength": 17.966576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.041695, "energy": 68.060018, "activity_lines": [ 36.179406, 35.355363, 34.132845, 33.170467 ] }, { "date": "2024-06-28", "close": 34.923717, "volume": 261508, "typical_volume": 283873.35, "trend": 31.988885, "fair_value": 23.891318, "relative_strength": 15.656603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.38395, "energy": 47.562755, "activity_lines": [ 35.747763, 35.436518, 34.298915, 33.377216 ] }, { "date": "2024-07-05", "close": 35.463276, "volume": 161656, "typical_volume": 279137.8, "trend": 32.288092, "fair_value": 23.978406, "relative_strength": 13.844613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.78223, "energy": 38.961477, "activity_lines": [ 35.567914, 35.553347, 34.49605, 33.60137 ] }, { "date": "2024-07-12", "close": 34.43322, "volume": 176519, "typical_volume": 274727.75, "trend": 32.516992, "fair_value": 24.062854, "relative_strength": 8.018427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.066994, "energy": 24.806331, "activity_lines": [ 35.097032, 35.420466, 34.57453, 33.739766 ] }, { "date": "2024-07-19", "close": 35.757572, "volume": 203797, "typical_volume": 270581.95, "trend": 32.737718, "fair_value": 24.153963, "relative_strength": 12.607538, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.740796, "energy": 24.944905, "activity_lines": [ 35.221292, 35.506972, 34.761155, 33.948835 ] }, { "date": "2024-07-26", "close": 33.942715, "volume": 312061, "typical_volume": 259307.75, "trend": 32.909394, "fair_value": 24.219109, "relative_strength": 7.565311, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.277823, "energy": 16.627614, "activity_lines": [ 34.792919, 35.221589, 34.75041, 34.026577 ] }, { "date": "2024-08-02", "close": 33.452213, "volume": 172037, "typical_volume": 249763.7, "trend": 33.074529, "fair_value": 24.285989, "relative_strength": 11.243259, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.766446, "energy": 14.670758, "activity_lines": [ 34.308957, 34.838105, 34.687345, 34.061598 ] }, { "date": "2024-08-09", "close": 32.569313, "volume": 162629, "typical_volume": 248756.65, "trend": 33.166089, "fair_value": 24.343551, "relative_strength": 8.464702, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.904126, "energy": 13.001847, "activity_lines": [ 33.628795, 34.340469, 34.537392, 34.029003 ] }, { "date": "2024-08-16", "close": 31.980709, "volume": 87861, "typical_volume": 244684.4, "trend": 33.233125, "fair_value": 24.401607, "relative_strength": 2.01713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.88412, "energy": 29.893733, "activity_lines": [ 32.945363, 33.802701, 34.331848, 33.952527 ] }, { "date": "2024-08-23", "close": 32.863613, "volume": 122647, "typical_volume": 242586.75, "trend": 33.30016, "fair_value": 24.461056, "relative_strength": 2.449787, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.249952, "energy": 35.756977, "activity_lines": [ 32.719732, 33.511967, 34.211792, 33.928688 ] }, { "date": "2024-08-30", "close": 32.716461, "volume": 121471, "typical_volume": 234108.05, "trend": 33.390085, "fair_value": 24.521695, "relative_strength": -0.536362, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.939012, "energy": 42.221526, "activity_lines": [ 32.637982, 33.261365, 34.071181, 33.89103 ] }, { "date": "2024-09-06", "close": 27.909546, "volume": 567383, "typical_volume": 238216.75, "trend": 33.298525, "fair_value": 24.553959, "relative_strength": -12.505066, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.427888, "energy": 67.653215, "activity_lines": [ 31.035676, 32.188504, 33.477441, 33.537446 ] }, { "date": "2024-09-13", "close": 27.713346, "volume": 357460, "typical_volume": 243413.85, "trend": 33.184074, "fair_value": 24.589844, "relative_strength": -13.933089, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.851032, "energy": 84.033017, "activity_lines": [ 29.737482, 31.207501, 32.882065, 33.177112 ] }, { "date": "2024-09-20", "close": 27.958595, "volume": 350296, "typical_volume": 247593.45, "trend": 33.094149, "fair_value": 24.627911, "relative_strength": -13.688532, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.403257, "energy": 87.652172, "activity_lines": [ 28.844769, 30.411996, 32.330601, 32.839985 ] }, { "date": "2024-09-27", "close": 28.105747, "volume": 486498, "typical_volume": 265259.05, "trend": 33.010764, "fair_value": 24.652287, "relative_strength": -15.452079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.319514, "energy": 86.798604, "activity_lines": [ 28.269247, 29.760967, 31.818377, 32.518152 ] }, { "date": "2024-10-04", "close": 27.026642, "volume": 252275, "typical_volume": 266008.4, "trend": 32.819468, "fair_value": 24.663343, "relative_strength": -15.745543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.951986, "energy": 88.873992, "activity_lines": [ 27.651215, 29.05286, 31.228841, 32.13208 ] }, { "date": "2024-10-11", "close": 26.192791, "volume": 332805, "typical_volume": 256806.1, "trend": 32.597107, "fair_value": 24.667225, "relative_strength": -19.738431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.080869, "energy": 89.191251, "activity_lines": [ 27.134553, 28.318892, 30.590488, 31.704552 ] }, { "date": "2024-10-18", "close": 26.045639, "volume": 268986, "typical_volume": 256999.1, "trend": 32.376381, "fair_value": 24.665591, "relative_strength": -21.98185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.004326, "energy": 85.272942, "activity_lines": [ 26.683292, 27.690158, 29.984835, 31.281877 ] }, { "date": "2024-10-25", "close": 25.702288, "volume": 298841, "typical_volume": 258878.65, "trend": 32.157291, "fair_value": 24.652915, "relative_strength": -21.851802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.356753, "energy": 86.524942, "activity_lines": [ 26.22876, 27.117608, 29.395065, 30.85129 ] }, { "date": "2024-11-01", "close": 24.426985, "volume": 326272, "typical_volume": 266595.6, "trend": 31.92185, "fair_value": 24.632063, "relative_strength": -25.239509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.859474, "energy": 90.942825, "activity_lines": [ 25.499548, 26.427339, 28.736392, 30.352561 ] }, { "date": "2024-11-08", "close": 24.672234, "volume": 584848, "typical_volume": 280392.5, "trend": 31.621009, "fair_value": 24.616747, "relative_strength": -22.309319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.649552, "energy": 87.573429, "activity_lines": [ 25.097336, 25.935054, 28.158767, 29.884844 ] }, { "date": "2024-11-15", "close": 24.672234, "volume": 274957, "typical_volume": 281064.95, "trend": 31.393743, "fair_value": 24.60265, "relative_strength": -22.933464, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.714306, "energy": 81.766331, "activity_lines": [ 24.852085, 25.589027, 27.632996, 29.436536 ] }, { "date": "2024-11-22", "close": 24.533182, "volume": 216382, "typical_volume": 283801.25, "trend": 31.143857, "fair_value": 24.603489, "relative_strength": -21.492328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.592808, "energy": 67.683995, "activity_lines": [ 24.661854, 25.276578, 27.142799, 28.993919 ] }, { "date": "2024-11-29", "close": 24.980141, "volume": 190899, "typical_volume": 284520.25, "trend": 30.867995, "fair_value": 24.603819, "relative_strength": -19.623912, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.205677, "energy": 63.609721, "activity_lines": [ 24.721439, 25.103216, 26.747217, 28.59626 ] }, { "date": "2024-12-06", "close": 25.278116, "volume": 386156, "typical_volume": 293638.2, "trend": 30.595525, "fair_value": 24.601151, "relative_strength": -21.556672, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.5753, "energy": 62.326206, "activity_lines": [ 24.928493, 25.038184, 26.425028, 28.235622 ] }, { "date": "2024-12-13", "close": 24.831156, "volume": 327690, "typical_volume": 294419.65, "trend": 30.308156, "fair_value": 24.598379, "relative_strength": -22.937708, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.547078, "energy": 60.920587, "activity_lines": [ 24.929818, 24.943299, 26.110174, 27.863728 ] }, { "date": "2024-12-20", "close": 23.937233, "volume": 328246, "typical_volume": 302230.1, "trend": 29.90597, "fair_value": 24.58957, "relative_strength": -22.838006, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.077392, "energy": 64.222619, "activity_lines": [ 24.622573, 24.7258, 25.753572, 27.4527 ] }, { "date": "2024-12-27", "close": 24.135881, "volume": 88381, "typical_volume": 298517.7, "trend": 29.50223, "fair_value": 24.578353, "relative_strength": -22.705612, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.368006, "energy": 63.584128, "activity_lines": [ 24.430545, 24.585429, 25.461199, 27.080437 ] }, { "date": "2025-01-03", "close": 23.83791, "volume": 89958, "typical_volume": 298622.55, "trend": 29.072208, "fair_value": 24.568294, "relative_strength": -23.201999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.5595, "energy": 66.402822, "activity_lines": [ 24.16568, 24.425605, 25.180607, 26.714997 ] }, { "date": "2025-01-10", "close": 24.483519, "volume": 539354, "typical_volume": 319457.9, "trend": 28.670246, "fair_value": 24.56176, "relative_strength": -22.826012, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.987835, "energy": 60.723759, "activity_lines": [ 24.192167, 24.417062, 25.000277, 26.418952 ] }, { "date": "2025-01-17", "close": 24.831156, "volume": 441240, "typical_volume": 335446.35, "trend": 28.312572, "fair_value": 24.565122, "relative_strength": -23.778039, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.599487, "energy": 50.44165, "activity_lines": [ 24.387505, 24.470697, 24.89296, 26.171269 ] }, { "date": "2025-01-24", "close": 24.483519, "volume": 316274, "typical_volume": 322890.9, "trend": 27.964565, "fair_value": 24.57607, "relative_strength": -24.155156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.869512, "energy": 40.828029, "activity_lines": [ 24.466965, 24.458236, 24.790084, 25.924233 ] }, { "date": "2025-01-31", "close": 25.079466, "volume": 435323, "typical_volume": 326784.05, "trend": 27.618438, "fair_value": 24.596973, "relative_strength": -22.401669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.79984, "energy": 28.824641, "activity_lines": [ 24.708655, 24.557561, 24.760279, 25.738098 ] }, { "date": "2025-02-07", "close": 25.029804, "volume": 868631, "typical_volume": 352700.8, "trend": 27.304991, "fair_value": 24.614184, "relative_strength": -23.26209, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.274602, "energy": 21.429758, "activity_lines": [ 24.870885, 24.637924, 24.738287, 25.571089 ] }, { "date": "2025-02-14", "close": 27.959881, "volume": 1004500, "typical_volume": 378600.9, "trend": 27.045068, "fair_value": 24.652938, "relative_strength": -15.909198, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 18.13769, "energy": 23.347068, "activity_lines": [ 25.930348, 25.250124, 25.009296, 25.61334 ] }, { "date": "2025-02-21", "close": 29.300762, "volume": 622589, "typical_volume": 397116.6, "trend": 26.890336, "fair_value": 24.712249, "relative_strength": -12.556663, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.937306, "energy": 50.293445, "activity_lines": [ 27.205013, 26.057363, 25.408703, 25.758869 ] }, { "date": "2025-02-28", "close": 29.797386, "volume": 541167, "typical_volume": 407534.7, "trend": 26.768508, "fair_value": 24.795662, "relative_strength": -11.302895, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.655849, "energy": 74.312955, "activity_lines": [ 28.347246, 26.87363, 25.844579, 25.94642 ] }, { "date": "2025-03-07", "close": 32.628136, "volume": 692106, "typical_volume": 428690.7, "trend": 26.770469, "fair_value": 24.888264, "relative_strength": -2.428218, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 65.912671, "energy": 87.438869, "activity_lines": [ 30.078805, 28.098032, 26.532885, 26.324461 ] }, { "date": "2025-03-14", "close": 31.287254, "volume": 510269, "typical_volume": 439262.1, "trend": 26.747354, "fair_value": 24.972149, "relative_strength": -6.257512, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.13027, "energy": 80.740542, "activity_lines": [ 30.860158, 28.924232, 27.062142, 26.615866 ] }, { "date": "2025-03-21", "close": 29.549074, "volume": 414744, "typical_volume": 443685.7, "trend": 26.636869, "fair_value": 25.040106, "relative_strength": -11.948665, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.247248, "energy": 83.360407, "activity_lines": [ 30.644955, 29.298956, 27.399264, 26.796622 ] }, { "date": "2025-03-28", "close": 30.145023, "volume": 783111, "typical_volume": 453598.85, "trend": 26.551155, "fair_value": 25.111025, "relative_strength": -9.178154, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.331828, "energy": 58.104128, "activity_lines": [ 30.522455, 29.689934, 27.768751, 27.022955 ] }, { "date": "2025-04-04", "close": 26.321024, "volume": 837161, "typical_volume": 481709.05, "trend": 26.498204, "fair_value": 25.163197, "relative_strength": -11.006428, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.400492, "energy": 27.467134, "activity_lines": [ 29.069005, 29.289024, 27.747988, 27.008108 ] }, { "date": "2025-04-11", "close": 26.271362, "volume": 680870, "typical_volume": 504933.45, "trend": 26.450138, "fair_value": 25.210144, "relative_strength": -9.090473, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.021412, "energy": 20.163481, "activity_lines": [ 27.830758, 28.845675, 27.714643, 26.993473 ] }, { "date": "2025-04-18", "close": 27.860556, "volume": 277565, "typical_volume": 509266.75, "trend": 26.44687, "fair_value": 25.266909, "relative_strength": -8.502597, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.994738, "energy": 22.353283, "activity_lines": [ 27.546028, 28.6696, 27.824373, 27.084468 ] }, { "date": "2025-04-25", "close": 29.350424, "volume": 227538, "typical_volume": 501335.85, "trend": 26.488359, "fair_value": 25.330219, "relative_strength": -6.824184, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.55886, "energy": 23.137585, "activity_lines": [ 27.986367, 28.712941, 28.062279, 27.271794 ] }, { "date": "2025-05-02", "close": 32.081852, "volume": 415945, "typical_volume": 505748.6, "trend": 26.656866, "fair_value": 25.420302, "relative_strength": -0.412239, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.635618, "energy": 31.506628, "activity_lines": [ 29.350425, 29.227624, 28.540929, 27.632664 ] }, { "date": "2025-05-09", "close": 32.131512, "volume": 331841, "typical_volume": 505928.35, "trend": 26.854824, "fair_value": 25.507635, "relative_strength": -2.565561, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.266426, "energy": 51.666745, "activity_lines": [ 30.601914, 29.700769, 28.989782, 27.985867 ] }, { "date": "2025-05-16", "close": 33.57172, "volume": 347533, "typical_volume": 518885.95, "trend": 27.105693, "fair_value": 25.59095, "relative_strength": -1.147794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.662237, "energy": 73.002263, "activity_lines": [ 31.946107, 30.393333, 29.536776, 28.419215 ] }, { "date": "2025-05-23", "close": 33.869694, "volume": 374382, "typical_volume": 533107.15, "trend": 27.37794, "fair_value": 25.668814, "relative_strength": 3.154572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.104335, "energy": 77.640978, "activity_lines": [ 32.902934, 31.122917, 30.067217, 28.855602 ] }, { "date": "2025-05-30", "close": 35.756863, "volume": 325421, "typical_volume": 522410.5, "trend": 27.755602, "fair_value": 25.750801, "relative_strength": 7.635115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.271897, "energy": 82.395588, "activity_lines": [ 34.088208, 32.14867, 30.729618, 29.396178 ] }, { "date": "2025-06-06", "close": 35.011929, "volume": 274937, "typical_volume": 514095.35, "trend": 28.100259, "fair_value": 25.838441, "relative_strength": 4.53537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.429003, "energy": 79.821579, "activity_lines": [ 34.598075, 32.926111, 31.26739, 29.864328 ] }, { "date": "2025-06-13", "close": 32.777126, "volume": 288085, "typical_volume": 512685.9, "trend": 28.370422, "fair_value": 25.91973, "relative_strength": 1.428832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.721402, "energy": 61.621376, "activity_lines": [ 34.16767, 33.208735, 31.543843, 30.166062 ] }, { "date": "2025-06-20", "close": 32.131512, "volume": 258137, "typical_volume": 503826.6, "trend": 28.6237, "fair_value": 26.000867, "relative_strength": 0.544767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.734179, "energy": 45.860416, "activity_lines": [ 33.479018, 33.256591, 31.719317, 30.408712 ] }, { "date": "2025-06-27", "close": 31.83354, "volume": 190502, "typical_volume": 469920.15, "trend": 28.852146, "fair_value": 26.085432, "relative_strength": -1.079077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.998589, "energy": 30.456707, "activity_lines": [ 32.787056, 33.143722, 31.832831, 30.615799 ] }, { "date": "2025-07-04", "close": 32.975773, "volume": 250890, "typical_volume": 432239.65, "trend": 29.108735, "fair_value": 26.174128, "relative_strength": 3.298689, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.342565, "energy": 23.01337, "activity_lines": [ 32.611583, 33.166296, 32.02273, 30.881839 ] }, { "date": "2025-07-11", "close": 34.912605, "volume": 350698, "typical_volume": 418645.1, "trend": 29.444783, "fair_value": 26.27978, "relative_strength": 8.444139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.175286, "energy": 34.814102, "activity_lines": [ 33.267126, 33.475105, 32.373204, 31.256283 ] }, { "date": "2025-07-18", "close": 34.912605, "volume": 286955, "typical_volume": 405934.5, "trend": 29.810629, "fair_value": 26.386168, "relative_strength": 8.27864, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.75386, "energy": 43.594713, "activity_lines": [ 33.92929, 33.732447, 32.696955, 31.609045 ] }, { "date": "2025-07-25", "close": 37.048084, "volume": 418255, "typical_volume": 392241.95, "trend": 30.241036, "fair_value": 26.500662, "relative_strength": 13.991731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.010846, "energy": 75.38722, "activity_lines": [ 35.160916, 34.327492, 33.199727, 32.075978 ] }, { "date": "2025-08-01", "close": 37.097744, "volume": 391234, "typical_volume": 386290.2, "trend": 30.68303, "fair_value": 26.615904, "relative_strength": 16.708319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.763268, "energy": 83.809111, "activity_lines": [ 36.081324, 34.868359, 33.686181, 32.518346 ] }, { "date": "2025-08-08", "close": 39.431873, "volume": 358117, "typical_volume": 383458.85, "trend": 31.181309, "fair_value": 26.745679, "relative_strength": 19.264733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.883176, "energy": 91.780634, "activity_lines": [ 37.428827, 35.774922, 34.367264, 33.082788 ] }, { "date": "2025-08-15", "close": 40.325794, "volume": 318163, "typical_volume": 360211.45, "trend": 31.697797, "fair_value": 26.888484, "relative_strength": 19.088049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.131015, "energy": 93.596391, "activity_lines": [ 38.643898, 36.777197, 35.086421, 33.672754 ] }, { "date": "2025-08-22", "close": 40.474781, "volume": 344452, "typical_volume": 335576.0, "trend": 32.230839, "fair_value": 27.03568, "relative_strength": 17.83774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.500378, "energy": 91.150677, "activity_lines": [ 39.547751, 37.709946, 35.771288, 34.239012 ] }, { "date": "2025-08-29", "close": 39.729847, "volume": 431147, "typical_volume": 323089.85, "trend": 32.719185, "fair_value": 27.171721, "relative_strength": 18.752201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.596625, "energy": 83.948353, "activity_lines": [ 39.832482, 38.367294, 36.31781, 34.722819 ] }, { "date": "2025-09-05", "close": 37.991669, "volume": 438078, "typical_volume": 331115.5, "trend": 33.151247, "fair_value": 27.29895, "relative_strength": 14.953204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.774363, "energy": 61.032118, "activity_lines": [ 39.359036, 38.570458, 36.634703, 35.062979 ] }, { "date": "2025-09-12", "close": 38.835926, "volume": 281442, "typical_volume": 333810.7, "trend": 33.513782, "fair_value": 27.446068, "relative_strength": 14.622232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.613491, "energy": 54.76149, "activity_lines": [ 39.107414, 38.815158, 36.983758, 35.429732 ] }, { "date": "2025-09-19", "close": 39.878838, "volume": 327091, "typical_volume": 329368.0, "trend": 33.866384, "fair_value": 27.603553, "relative_strength": 18.080568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.444194, "energy": 50.956039, "activity_lines": [ 39.243158, 39.14293, 37.386969, 35.840381 ] }, { "date": "2025-09-26", "close": 38.339302, "volume": 198751, "typical_volume": 322713.5, "trend": 34.151115, "fair_value": 27.74258, "relative_strength": 12.390097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.468569, "energy": 35.975294, "activity_lines": [ 38.895522, 39.100491, 37.606429, 36.128956 ] }, { "date": "2025-10-03", "close": 45.738987, "volume": 840633, "typical_volume": 347368.5, "trend": 34.588143, "fair_value": 27.925974, "relative_strength": 31.386359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.057041, "energy": 61.403573, "activity_lines": [ 41.156812, 40.341146, 38.50106, 36.876561 ] }, { "date": "2025-10-10", "close": 48.917374, "volume": 521706, "typical_volume": 354734.7, "trend": 35.175814, "fair_value": 28.125203, "relative_strength": 43.191564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.970832, "energy": 90.530996, "activity_lines": [ 44.076955, 42.001673, 39.640456, 37.801028 ] }, { "date": "2025-10-17", "close": 47.924129, "volume": 381994, "typical_volume": 357563.35, "trend": 35.788316, "fair_value": 28.307882, "relative_strength": 39.907846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.511465, "energy": 91.457873, "activity_lines": [ 45.937636, 43.266707, 40.6136, 38.6235 ] }, { "date": "2025-10-24", "close": 47.477169, "volume": 272444, "typical_volume": 357438.7, "trend": 36.366054, "fair_value": 28.485549, "relative_strength": 35.027092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.65403, "energy": 89.223526, "activity_lines": [ 47.043451, 44.296072, 41.486238, 39.377619 ] }, { "date": "2025-10-31", "close": 46.583248, "volume": 204782, "typical_volume": 353273.55, "trend": 37.041461, "fair_value": 28.657179, "relative_strength": 29.248784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.402818, "energy": 86.032365, "activity_lines": [ 47.344736, 45.03288, 42.214382, 40.036793 ] }, { "date": "2025-11-07", "close": 45.59, "volume": 195409, "typical_volume": 350137.15, "trend": 37.685416, "fair_value": 28.817228, "relative_strength": 26.282586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.078617, "energy": 63.06259, "activity_lines": [ 46.765342, 45.478035, 42.782188, 40.588312 ] }, { "date": "2025-11-14", "close": 46.136288, "volume": 165468, "typical_volume": 348885.45, "trend": 38.294607, "fair_value": 28.980165, "relative_strength": 23.742005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.811212, "energy": 55.877278, "activity_lines": [ 46.377977, 45.915966, 43.337933, 41.133529 ] }, { "date": "2025-11-21", "close": 45.59, "volume": 176192, "typical_volume": 345150.55, "trend": 38.835926, "fair_value": 29.140972, "relative_strength": 25.142726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.417568, "energy": 43.3478, "activity_lines": [ 45.993921, 46.106489, 43.773543, 41.6042 ] }, { "date": "2025-11-28", "close": 48.200001, "volume": 226028, "typical_volume": 338917.05, "trend": 39.373198, "fair_value": 29.31882, "relative_strength": 29.127353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.712171, "energy": 47.477721, "activity_lines": [ 46.635474, 46.648756, 44.397656, 42.208333 ] }, { "date": "2025-12-05", "close": 48.049999, "volume": 147329, "typical_volume": 331935.75, "trend": 39.903814, "fair_value": 29.494775, "relative_strength": 27.421887, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.77685, "energy": 51.642327, "activity_lines": [ 47.178838, 47.012456, 44.94421, 42.768127 ] }, { "date": "2025-12-12", "close": 50.900002, "volume": 372961, "typical_volume": 329671.05, "trend": 40.481423, "fair_value": 29.692728, "relative_strength": 33.375346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.993215, "energy": 58.522021, "activity_lines": [ 48.57442, 47.71778, 45.699633, 43.477559 ] }, { "date": "2025-12-19", "close": 50.799999, "volume": 357529, "typical_volume": 327985.8, "trend": 41.045767, "fair_value": 29.884757, "relative_strength": 28.215685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.736244, "energy": 68.206869, "activity_lines": [ 49.582667, 48.311085, 46.379571, 44.143273 ] }, { "date": "2025-12-26", "close": 49.849998, "volume": 84213, "typical_volume": 314290.6, "trend": 41.515538, "fair_value": 30.075047, "relative_strength": 25.126631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.265197, "energy": 63.75408, "activity_lines": [ 49.963333, 48.697433, 46.903784, 44.711288 ] }, { "date": "2026-01-02", "close": 51.599998, "volume": 132758, "typical_volume": 305020.35, "trend": 42.068474, "fair_value": 30.271583, "relative_strength": 26.13826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.328636, "energy": 78.302564, "activity_lines": [ 50.643332, 49.366947, 47.545054, 45.361898 ] }, { "date": "2026-01-09", "close": 54.200001, "volume": 388999, "typical_volume": 307247.7, "trend": 42.78257, "fair_value": 30.478571, "relative_strength": 30.140237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.024319, "energy": 86.537851, "activity_lines": [ 51.963333, 50.434228, 48.380256, 46.144578 ] }, { "date": "2026-01-16", "close": 57.299999, "volume": 334951, "typical_volume": 302437.9, "trend": 43.621519, "fair_value": 30.699838, "relative_strength": 35.717456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.269052, "energy": 93.006017, "activity_lines": [ 53.906666, 51.926659, 49.445338, 47.081186 ] }, { "date": "2026-01-23", "close": 63.5, "volume": 426365, "typical_volume": 301852.25, "trend": 44.677068, "fair_value": 30.957119, "relative_strength": 51.313726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.370161, "energy": 97.204704, "activity_lines": [ 57.49, 54.333454, 51.017229, 48.363669 ] }, { "date": "2026-01-30", "close": 62.200001, "volume": 280765, "typical_volume": 301818.4, "trend": 45.651209, "fair_value": 31.204825, "relative_strength": 43.946591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.054864, "energy": 93.575421, "activity_lines": [ 59.793333, 56.188182, 52.343842, 49.49418 ] }, { "date": "2026-02-06", "close": 64.0, "volume": 411474, "typical_volume": 306037.55, "trend": 46.620789, "fair_value": 31.465312, "relative_strength": 44.870098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.032845, "energy": 92.922492, "activity_lines": [ 61.873334, 58.068182, 53.730626, 50.677973 ] }, { "date": "2026-02-13", "close": 65.699997, "volume": 337174, "typical_volume": 312958.7, "trend": 47.647035, "fair_value": 31.736696, "relative_strength": 48.078746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.600161, "energy": 89.712161, "activity_lines": [ 63.693332, 59.969999, 55.164452, 51.90889 ] }, { "date": "2026-02-20", "close": 68.699997, "volume": 245451, "typical_volume": 283199.6, "trend": 48.702099, "fair_value": 32.019854, "relative_strength": 49.265085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.318947, "energy": 82.065511, "activity_lines": [ 65.746665, 62.096363, 56.753703, 53.267146 ] }, { "date": "2026-02-27", "close": 67.400002, "volume": 272762, "typical_volume": 270752.4, "trend": 49.712174, "fair_value": 32.294057, "relative_strength": 42.339119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.990498, "energy": 69.703872, "activity_lines": [ 66.606666, 63.662727, 58.109807, 54.473462 ] }, { "date": "2026-03-06", "close": 60.799999, "volume": 294259, "typical_volume": 266365.65, "trend": 50.424445, "fair_value": 32.530924, "relative_strength": 35.908702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.385494, "energy": 63.503181, "activity_lines": [ 65.006666, 63.727272, 58.749327, 55.188806 ] }, { "date": "2026-03-13", "close": 58.599998, "volume": 400850, "typical_volume": 272785.95, "trend": 51.033585, "fair_value": 32.760835, "relative_strength": 29.245097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.277692, "energy": 47.592304, "activity_lines": [ 62.766666, 63.192726, 59.118009, 55.716261 ] }, { "date": "2026-03-20", "close": 56.200001, "volume": 387603, "typical_volume": 281927.0, "trend": 51.557759, "fair_value": 32.976915, "relative_strength": 26.898801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.025901, "energy": 26.350463, "activity_lines": [ 60.086666, 62.094545, 59.205155, 56.049578 ] }, { "date": "2026-03-27", "close": 59.5, "volume": 359910, "typical_volume": 290152.05, "trend": 52.216764, "fair_value": 33.206381, "relative_strength": 31.23503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.798185, "energy": 28.222343, "activity_lines": [ 59.14, 61.56, 59.560791, 56.56198 ] }, { "date": "2026-04-03", "close": 60.400002, "volume": 212843, "typical_volume": 292520.8, "trend": 52.963709, "fair_value": 33.445966, "relative_strength": 25.360672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.978355, "energy": 24.551759, "activity_lines": [ 59.106667, 61.149091, 59.935904, 57.089931 ] }, { "date": "2026-04-10", "close": 64.75, "volume": 240613, "typical_volume": 295741.85, "trend": 53.827511, "fair_value": 33.705978, "relative_strength": 27.424352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.622949, "energy": 22.996313, "activity_lines": [ 60.990001, 61.585455, 60.657381, 57.850337 ] }, { "date": "2026-04-17", "close": 68.25, "volume": 386947, "typical_volume": 303787.8, "trend": 54.773216, "fair_value": 33.990601, "relative_strength": 29.398392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.719036, "energy": 43.946163, "activity_lines": [ 63.776667, 62.611818, 61.620952, 58.78082 ] }, { "date": "2026-04-24", "close": 66.800003, "volume": 194464, "typical_volume": 306144.55, "trend": 55.721906, "fair_value": 34.272144, "relative_strength": 28.463266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.164374, "energy": 57.309213, "activity_lines": [ 65.436668, 63.297273, 62.350952, 59.556742 ] }, { "date": "2026-05-01", "close": 66.400002, "volume": 128246, "typical_volume": 293908.8, "trend": 56.410607, "fair_value": 34.551744, "relative_strength": 24.944985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.920247, "energy": 65.08304, "activity_lines": [ 66.256668, 63.890001, 62.953572, 60.245651 ] }, { "date": "2026-05-08", "close": 67.5, "volume": 172437, "typical_volume": 284654.2, "trend": 57.030028, "fair_value": 34.84026, "relative_strength": 23.135108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.060212, "energy": 67.464022, "activity_lines": [ 66.983334, 64.724546, 63.587143, 60.961096 ] }, { "date": "2026-05-15", "close": 66.800003, "volume": 245113, "typical_volume": 292699.2, "trend": 57.659224, "fair_value": 35.120871, "relative_strength": 21.170389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.692485, "energy": 53.23113, "activity_lines": [ 67.003335, 65.430001, 64.074524, 61.591417 ] }, { "date": "2026-05-22", "close": 69.400002, "volume": 339421, "typical_volume": 303032.35, "trend": 58.389985, "fair_value": 35.423431, "relative_strength": 23.729678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.363901, "energy": 47.187924, "activity_lines": [ 67.753335, 66.499092, 64.72881, 62.348887 ] }, { "date": "2026-05-29", "close": 73.599998, "volume": 307936, "typical_volume": 298979.2, "trend": 59.290543, "fair_value": 35.751671, "relative_strength": 28.574689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.16324, "energy": 59.012504, "activity_lines": [ 69.826667, 68.135456, 65.698334, 63.330178 ] }, { "date": "2026-06-05", "close": 71.650002, "volume": 44454, "typical_volume": 284454.35, "trend": 60.15921, "fair_value": 36.065857, "relative_strength": 24.33029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.658526, "energy": 62.538624, "activity_lines": [ 70.796668, 69.10091, 66.389763, 64.127562 ] }, { "date": "2026-06-12", "close": 75.050003, "volume": 60101, "typical_volume": 266141.15, "trend": 61.123, "fair_value": 36.404013, "relative_strength": 24.871727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.595258, "energy": 78.515497, "activity_lines": [ 72.550002, 70.463638, 67.336668, 65.088259 ] }, { "date": "2026-06-19", "close": 75.050003, "volume": 83594, "typical_volume": 256282.6, "trend": 62.105, "fair_value": 36.747141, "relative_strength": 20.483968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.910423, "energy": 81.373266, "activity_lines": [ 73.800002, 71.560002, 68.228573, 65.986775 ] }, { "date": "2026-06-26", "close": 67.849998, "volume": 74438, "typical_volume": 239430.8, "trend": 62.76, "fair_value": 37.045669, "relative_strength": 11.341592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.712204, "energy": 54.513271, "activity_lines": [ 72.100001, 71.160001, 68.373572, 66.35742 ] }, { "date": "2026-07-03", "close": 71.75, "volume": 66421, "typical_volume": 225893.15, "trend": 63.55, "fair_value": 37.372925, "relative_strength": 13.312849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.453865, "energy": 44.922215, "activity_lines": [ 71.803334, 71.476365, 68.871668, 66.93742 ] }, { "date": "2026-07-10", "close": 68.0, "volume": 208720, "typical_volume": 224056.6, "trend": 64.12, "fair_value": 37.676453, "relative_strength": 7.085263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.411914, "energy": 27.075573, "activity_lines": [ 70.38, 71.02091, 68.98381, 67.224517 ] }, { "date": "2026-07-17", "close": 67.699997, "volume": 189606, "typical_volume": 219898.8, "trend": 64.683333, "fair_value": 37.977127, "relative_strength": 7.366298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.004412, "energy": 24.731237, "activity_lines": [ 69.099999, 70.481818, 69.070715, 67.455484 ] }, { "date": "2026-07-24", "close": 69.949997, "volume": 211297, "typical_volume": 215750.7, "trend": 65.353333, "fair_value": 38.286941, "relative_strength": 10.336618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.858531, "energy": 19.309918, "activity_lines": [ 69.059998, 70.348181, 69.370476, 67.795269 ] }, { "date": "2026-07-31", "close": 64.800003, "volume": 198148, "typical_volume": 205615.6, "trend": 65.793334, "fair_value": 38.56716, "relative_strength": 0.989263, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.87081, "energy": 14.442787, "activity_lines": [ 67.643333, 69.220909, 69.136191, 67.75957 ] }, { "date": "2026-08-07", "close": 67.050003, "volume": 298734, "typical_volume": 201172.15, "trend": 66.221667, "fair_value": 38.864288, "relative_strength": 1.017039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.345135, "energy": 14.883036, "activity_lines": [ 67.180001, 68.586364, 69.086667, 67.840646 ] } ], "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." } } }