{ "ticker": { "uuid": "64e0cdfe-76b1-4da5-acf4-923536366804", "symbol": "MOL", "name": "Moltiply Group 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": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 49.956, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 65.164, "architecture_energy": 32.218, "architecture_maturity": 28.873, "architecture_confidence": 45.414, "architecture_tenure": "New", "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": 38.4, "rotation_up": 46.38, "upward_expansion": 69.5, "deceleration": 66.08, "rotation_down": 23.45, "downward_expansion": 9.83 }, "activity_lines": [ 36.313334, 36.067714, 35.081937, 34.496859 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 38.900002, "trend_reference": 34.153441, "distance_from_trend": 0.138978, "trend_direction": "Weakening", "fair_value": 35.924853, "distance_from_fair_value": 0.082816, "fair_value_direction": "Improving", "relative_strength": -10.517257, "relative_strength_direction": "Improving", "price_momentum": 0.129173, "excess_performance": -0.041719, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.138978, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.0198, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.082816, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.034998, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.105173, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.080308, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.129173, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.07109, "read": "Demand-led" } ], "volume": { "latest": 188642, "relative_activity": 1.505713, "balance": 1.07109, "dry_up": 1.011668, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.084874, "annualized_volatility": 0.475631, "from_high_reference": -0.187891, "from_low_reference": 0.343696 }, "levels": { "trend_reference": 34.153441, "fair_value_reference": 35.924853, "structural_low": 28.950001, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": 0.002683, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.033245, "regime_survival": 0.611111, "best_return": 0.209391, "worst_return": -0.160269, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.077604, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.035497, "regime_survival": 0.142857, "best_return": 0.146493, "worst_return": -0.235488, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.059663, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.027726, "regime_survival": 0.333333, "best_return": 0.22807, "worst_return": -0.228689, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.091054, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.136052, "regime_survival": 0.25, "best_return": 0.129039, "worst_return": -0.490282, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-21", "tenure": "Developing", "return": -0.087533, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-09-20", "tenure": "Established", "return": -0.054133, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-27", "end": "2024-11-08", "tenure": "Developing", "return": 0.05279, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2024-11-22", "tenure": "New", "return": 0.089235, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-29", "end": "2024-12-20", "tenure": "New", "return": 0.00133, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": -0.043185, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-03-14", "tenure": "Developing", "return": -0.08642, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.046569, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-07-04", "tenure": "Developing", "return": 0.129442, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-09-26", "tenure": "Developing", "return": -0.056128, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-03", "end": "2025-10-17", "tenure": "New", "return": -0.032297, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-24", "end": "2026-05-08", "tenure": "Extended", "return": -0.159142, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-10", "tenure": "Developing", "return": 0.172303, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.127536, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.802452, "volume": 214882, "typical_volume": 67745.6, "trend": 28.498163, "fair_value": 32.431487, "relative_strength": -14.160703, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -37.894115, "energy": 34.888187, "activity_lines": [ 27.850984, 29.110975, 29.440927, 28.930665 ] }, { "date": "2023-08-25", "close": 24.404818, "volume": 209256, "typical_volume": 74902.7, "trend": 28.349824, "fair_value": 32.44835, "relative_strength": -16.538266, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -42.161743, "energy": 57.747824, "activity_lines": [ 26.303523, 28.122544, 28.991594, 28.666579 ] }, { "date": "2023-09-01", "close": 25.895947, "volume": 1077696, "typical_volume": 126479.9, "trend": 28.215541, "fair_value": 32.464845, "relative_strength": -12.45802, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.873987, "energy": 62.832326, "activity_lines": [ 25.720325, 27.536732, 28.695845, 28.508264 ] }, { "date": "2023-09-08", "close": 24.603636, "volume": 120621, "typical_volume": 128330.4, "trend": 28.064587, "fair_value": 32.464062, "relative_strength": -15.223538, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.370653, "energy": 69.878326, "activity_lines": [ 25.094051, 26.79424, 28.28597, 28.275238 ] }, { "date": "2023-09-15", "close": 25.69713, "volume": 91722, "typical_volume": 130804.85, "trend": 27.946122, "fair_value": 32.477112, "relative_strength": -13.193246, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.201601, "energy": 66.089609, "activity_lines": [ 25.213342, 26.358649, 27.993928, 28.122499 ] }, { "date": "2023-09-22", "close": 25.299498, "volume": 164276, "typical_volume": 137233.9, "trend": 27.862593, "fair_value": 32.492576, "relative_strength": -13.395656, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.783378, "energy": 43.046056, "activity_lines": [ 25.286242, 25.937519, 27.675092, 27.951749 ] }, { "date": "2023-09-29", "close": 24.802452, "volume": 73049, "typical_volume": 139055.4, "trend": 27.754575, "fair_value": 32.507025, "relative_strength": -13.958898, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.466115, "energy": 49.891142, "activity_lines": [ 25.160324, 25.517291, 27.320474, 27.75432 ] }, { "date": "2023-10-06", "close": 24.504227, "volume": 120107, "typical_volume": 143106.75, "trend": 27.678864, "fair_value": 32.526075, "relative_strength": -13.448865, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.957376, "energy": 47.661335, "activity_lines": [ 24.908489, 25.163035, 26.94949, 27.54462 ] }, { "date": "2023-10-13", "close": 24.504227, "volume": 135934, "typical_volume": 146644.05, "trend": 27.749707, "fair_value": 32.546057, "relative_strength": -14.488947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.147203, "energy": 47.158945, "activity_lines": [ 24.749435, 24.939818, 26.595499, 27.339805 ] }, { "date": "2023-10-20", "close": 25.200087, "volume": 143574, "typical_volume": 150786.65, "trend": 27.773769, "fair_value": 32.567707, "relative_strength": -9.096142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.751335, "energy": 43.191817, "activity_lines": [ 24.828962, 24.948855, 26.324773, 27.175313 ] }, { "date": "2023-10-27", "close": 26.293581, "volume": 102299, "typical_volume": 151941.35, "trend": 27.78873, "fair_value": 32.60195, "relative_strength": -4.827563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.67765, "energy": 31.571291, "activity_lines": [ 25.306123, 25.189243, 26.183657, 27.079818 ] }, { "date": "2023-11-03", "close": 27.635597, "volume": 67801, "typical_volume": 152542.7, "trend": 27.815419, "fair_value": 32.639523, "relative_strength": -4.762636, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.99467, "energy": 18.573251, "activity_lines": [ 26.16435, 25.646522, 26.198393, 27.069938 ] }, { "date": "2023-11-10", "close": 28.579981, "volume": 63054, "typical_volume": 153602.45, "trend": 27.84223, "fair_value": 32.670432, "relative_strength": -0.723477, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.313752, "energy": 18.9761, "activity_lines": [ 27.148496, 26.216766, 26.322126, 27.119265 ] }, { "date": "2023-11-17", "close": 29.424953, "volume": 137630, "typical_volume": 159296.5, "trend": 27.907108, "fair_value": 32.69125, "relative_strength": -1.241427, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 36.081771, "energy": 41.224502, "activity_lines": [ 28.142582, 26.891841, 26.534056, 27.221376 ] }, { "date": "2023-11-24", "close": 27.834415, "volume": 116020, "typical_volume": 161577.1, "trend": 27.900815, "fair_value": 32.692256, "relative_strength": -6.22205, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.871093, "energy": 36.04948, "activity_lines": [ 28.27844, 27.190067, 26.599855, 27.216686 ] }, { "date": "2023-12-01", "close": 28.082937, "volume": 89733, "typical_volume": 163256.0, "trend": 27.912708, "fair_value": 32.681517, "relative_strength": -6.693221, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.37334, "energy": 43.477268, "activity_lines": [ 28.321518, 27.494619, 26.701867, 27.228436 ] }, { "date": "2023-12-08", "close": 29.424953, "volume": 86627, "typical_volume": 165263.0, "trend": 27.982538, "fair_value": 32.667905, "relative_strength": -3.672302, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.318686, "energy": 54.462487, "activity_lines": [ 28.692643, 27.992565, 26.942341, 27.326 ] }, { "date": "2023-12-15", "close": 30.766972, "volume": 102098, "typical_volume": 166657.85, "trend": 28.072346, "fair_value": 32.657933, "relative_strength": 0.793778, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.016093, "energy": 52.856606, "activity_lines": [ 29.391818, 28.65047, 27.320094, 27.505641 ] }, { "date": "2023-12-22", "close": 32.108986, "volume": 102337, "typical_volume": 168797.4, "trend": 28.206889, "fair_value": 32.65098, "relative_strength": 5.223892, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 58.094081, "energy": 72.690546, "activity_lines": [ 30.392531, 29.438509, 27.830155, 27.766069 ] }, { "date": "2023-12-29", "close": 31.711351, "volume": 33827, "typical_volume": 162627.15, "trend": 28.245658, "fair_value": 32.638067, "relative_strength": 4.032839, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.367349, "energy": 74.458928, "activity_lines": [ 31.081764, 30.015983, 28.293825, 27.992163 ] }, { "date": "2024-01-05", "close": 30.717264, "volume": 49083, "typical_volume": 154337.2, "trend": 28.196829, "fair_value": 32.607614, "relative_strength": 0.583073, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.079074, "energy": 69.603845, "activity_lines": [ 31.181172, 30.294327, 28.640335, 28.151622 ] }, { "date": "2024-01-12", "close": 31.910168, "volume": 37118, "typical_volume": 145730.3, "trend": 28.205917, "fair_value": 32.605901, "relative_strength": 4.496547, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.290991, "energy": 81.069825, "activity_lines": [ 31.502593, 30.709132, 29.072289, 28.391192 ] }, { "date": "2024-01-19", "close": 31.313719, "volume": 30504, "typical_volume": 93370.7, "trend": 28.242985, "fair_value": 32.601915, "relative_strength": 3.342947, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.231056, "energy": 61.408253, "activity_lines": [ 31.459516, 30.937772, 29.411699, 28.591695 ] }, { "date": "2024-01-26", "close": 31.81076, "volume": 56579, "typical_volume": 90168.6, "trend": 28.285068, "fair_value": 32.606388, "relative_strength": 4.744339, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.800847, "energy": 53.480201, "activity_lines": [ 31.545671, 31.207079, 29.772647, 28.821874 ] }, { "date": "2024-02-02", "close": 32.208397, "volume": 113845, "typical_volume": 91274.75, "trend": 28.343056, "fair_value": 32.594179, "relative_strength": 5.008109, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.832582, "energy": 53.879512, "activity_lines": [ 31.784252, 31.505305, 30.137145, 29.074992 ] }, { "date": "2024-02-09", "close": 30.667562, "volume": 120340, "typical_volume": 89077.95, "trend": 28.354654, "fair_value": 32.553483, "relative_strength": -1.261218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.268732, "energy": 42.659647, "activity_lines": [ 31.476086, 31.443853, 30.323892, 29.224961 ] }, { "date": "2024-02-16", "close": 31.562239, "volume": 54081, "typical_volume": 88129.55, "trend": 28.359624, "fair_value": 32.531549, "relative_strength": -0.1108, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.556655, "energy": 38.446815, "activity_lines": [ 31.469458, 31.498075, 30.570283, 29.431902 ] }, { "date": "2024-02-23", "close": 31.46283, "volume": 42146, "typical_volume": 84231.5, "trend": 28.35134, "fair_value": 32.489436, "relative_strength": -3.248536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.229965, "energy": 35.631208, "activity_lines": [ 31.45289, 31.495364, 30.775017, 29.632108 ] }, { "date": "2024-03-01", "close": 33.798935, "volume": 104389, "typical_volume": 82654.25, "trend": 28.467317, "fair_value": 32.458887, "relative_strength": 3.16315, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.342157, "energy": 48.76692, "activity_lines": [ 32.205082, 31.904747, 31.169102, 29.983566 ] }, { "date": "2024-03-08", "close": 33.301891, "volume": 141277, "typical_volume": 82539.4, "trend": 28.677732, "fair_value": 32.414916, "relative_strength": 0.185832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.228459, "energy": 51.494769, "activity_lines": [ 32.659048, 32.193033, 31.471588, 30.295474 ] }, { "date": "2024-03-15", "close": 33.798935, "volume": 135012, "typical_volume": 84175.05, "trend": 28.977615, "fair_value": 32.374752, "relative_strength": -0.152482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.042397, "energy": 62.985758, "activity_lines": [ 33.205796, 32.54277, 31.782832, 30.625874 ] }, { "date": "2024-03-22", "close": 37.178829, "volume": 185158, "typical_volume": 90042.9, "trend": 29.403415, "fair_value": 32.339814, "relative_strength": 8.254013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.180608, "energy": 86.430404, "activity_lines": [ 34.670417, 33.451004, 32.380231, 31.154985 ] }, { "date": "2024-03-29", "close": 37.228531, "volume": 36299, "typical_volume": 88705.15, "trend": 29.781168, "fair_value": 32.29558, "relative_strength": 6.889422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.734451, "energy": 88.836685, "activity_lines": [ 35.777166, 34.272481, 32.936919, 31.659831 ] }, { "date": "2024-04-05", "close": 37.974094, "volume": 60198, "typical_volume": 84833.55, "trend": 30.22685, "fair_value": 32.254263, "relative_strength": 11.120956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.479592, "energy": 91.570688, "activity_lines": [ 36.748056, 35.121972, 33.52343, 32.188407 ] }, { "date": "2024-04-12", "close": 35.140945, "volume": 119985, "typical_volume": 85031.8, "trend": 30.541644, "fair_value": 32.182999, "relative_strength": 3.495136, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.352705, "energy": 76.613415, "activity_lines": [ 36.496219, 35.344285, 33.799407, 32.505445 ] }, { "date": "2024-04-19", "close": 34.196568, "volume": 125741, "typical_volume": 86832.2, "trend": 30.838213, "fair_value": 32.116848, "relative_strength": 0.210731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.541059, "energy": 50.672242, "activity_lines": [ 35.806986, 35.341574, 33.95065, 32.741247 ] }, { "date": "2024-04-26", "close": 34.892429, "volume": 39409, "typical_volume": 84471.3, "trend": 31.174545, "fair_value": 32.062911, "relative_strength": 1.302043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.796146, "energy": 36.103027, "activity_lines": [ 35.323198, 35.401219, 34.139053, 33.002809 ] }, { "date": "2024-05-03", "close": 34.643906, "volume": 32164, "typical_volume": 80974.6, "trend": 31.512535, "fair_value": 32.002729, "relative_strength": 2.40576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.111067, "energy": 22.523642, "activity_lines": [ 34.908996, 35.35513, 34.277751, 33.226639 ] }, { "date": "2024-05-10", "close": 36.085331, "volume": 38540, "typical_volume": 77784.75, "trend": 31.898572, "fair_value": 31.962642, "relative_strength": 3.419884, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.162328, "energy": 25.25153, "activity_lines": [ 35.147576, 35.51328, 34.535267, 33.521658 ] }, { "date": "2024-05-17", "close": 37.725574, "volume": 54915, "typical_volume": 78839.15, "trend": 32.316088, "fair_value": 31.949348, "relative_strength": 5.762264, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.517374, "energy": 40.253888, "activity_lines": [ 36.058823, 35.928085, 34.930061, 33.897594 ] }, { "date": "2024-05-24", "close": 37.477055, "volume": 64338, "typical_volume": 79601.9, "trend": 32.68887, "fair_value": 31.928201, "relative_strength": 7.758112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.678119, "energy": 42.710728, "activity_lines": [ 36.71492, 36.217274, 35.272548, 34.230559 ] }, { "date": "2024-05-31", "close": 37.327938, "volume": 78965, "typical_volume": 81694.25, "trend": 33.011948, "fair_value": 31.913297, "relative_strength": 7.42121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.610258, "energy": 49.035997, "activity_lines": [ 37.102613, 36.412476, 35.568643, 34.529854 ] }, { "date": "2024-06-07", "close": 35.985924, "volume": 86565, "typical_volume": 84497.3, "trend": 33.258813, "fair_value": 31.891042, "relative_strength": 3.346378, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.536226, "energy": 39.003976, "activity_lines": [ 36.880601, 36.360965, 35.711129, 34.721723 ] }, { "date": "2024-06-14", "close": 34.097157, "volume": 47072, "typical_volume": 84021.95, "trend": 33.414553, "fair_value": 31.866698, "relative_strength": 4.085291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.855258, "energy": 19.206574, "activity_lines": [ 35.939532, 35.988634, 35.651484, 34.77581 ] }, { "date": "2024-06-21", "close": 34.196568, "volume": 59470, "typical_volume": 81303.2, "trend": 33.626625, "fair_value": 31.841738, "relative_strength": 2.534275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.606801, "energy": 14.109329, "activity_lines": [ 35.164145, 35.704868, 35.590419, 34.826263 ] }, { "date": "2024-06-28", "close": 33.898338, "volume": 68119, "typical_volume": 78692.15, "trend": 33.820472, "fair_value": 31.791702, "relative_strength": 2.232339, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.867572, "energy": 14.39653, "activity_lines": [ 34.524615, 35.384048, 35.491483, 34.843792 ] }, { "date": "2024-07-05", "close": 36.980011, "volume": 46976, "typical_volume": 78336.9, "trend": 34.072307, "fair_value": 31.769559, "relative_strength": 8.808051, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.242982, "energy": 16.913371, "activity_lines": [ 35.15089, 35.628955, 35.670655, 35.047634 ] }, { "date": "2024-07-12", "close": 38.396179, "volume": 61946, "typical_volume": 79326.9, "trend": 34.326614, "fair_value": 31.746791, "relative_strength": 10.925541, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.361955, "energy": 26.983, "activity_lines": [ 36.272416, 36.093391, 35.958902, 35.326593 ] }, { "date": "2024-07-19", "close": 36.850361, "volume": 26396, "typical_volume": 75427.25, "trend": 34.48466, "fair_value": 31.686878, "relative_strength": 7.619488, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.061574, "energy": 34.941893, "activity_lines": [ 36.717987, 36.208547, 36.066912, 35.489416 ] }, { "date": "2024-07-26", "close": 37.34901, "volume": 38953, "typical_volume": 70311.05, "trend": 34.672582, "fair_value": 31.614824, "relative_strength": 10.3162, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.604031, "energy": 44.991279, "activity_lines": [ 37.146226, 36.400456, 36.207882, 35.674212 ] }, { "date": "2024-08-02", "close": 34.855755, "volume": 42298, "typical_volume": 65675.35, "trend": 34.810531, "fair_value": 31.518961, "relative_strength": 8.658756, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.155409, "energy": 28.656395, "activity_lines": [ 36.533218, 36.145892, 36.092126, 35.68603 ] }, { "date": "2024-08-09", "close": 35.40427, "volume": 63432, "typical_volume": 59589.05, "trend": 34.927001, "fair_value": 31.42098, "relative_strength": 10.852452, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.083651, "energy": 14.554278, "activity_lines": [ 36.03922, 36.038719, 36.023578, 35.724336 ] }, { "date": "2024-08-16", "close": 34.606426, "volume": 53723, "typical_volume": 60460.25, "trend": 35.036758, "fair_value": 31.324145, "relative_strength": 3.919389, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.665729, "energy": 9.230676, "activity_lines": [ 35.384324, 35.821458, 35.887495, 35.703653 ] }, { "date": "2024-08-23", "close": 36.800495, "volume": 69100, "typical_volume": 60905.35, "trend": 35.203083, "fair_value": 31.234488, "relative_strength": 8.037032, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.580931, "energy": 18.015341, "activity_lines": [ 35.713434, 36.028202, 35.972858, 35.817443 ] }, { "date": "2024-08-30", "close": 37.299149, "volume": 44955, "typical_volume": 57153.85, "trend": 35.372774, "fair_value": 31.147401, "relative_strength": 6.829854, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.047696, "energy": 15.207123, "activity_lines": [ 36.212087, 36.276458, 36.111299, 35.952673 ] }, { "date": "2024-09-06", "close": 33.309933, "volume": 24497, "typical_volume": 52091.65, "trend": 35.460854, "fair_value": 31.075437, "relative_strength": -1.73526, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.175588, "energy": 17.684512, "activity_lines": [ 35.384325, 35.742991, 35.859538, 35.819586 ] }, { "date": "2024-09-13", "close": 32.31263, "volume": 79139, "typical_volume": 54078.15, "trend": 35.485867, "fair_value": 30.994576, "relative_strength": -5.594557, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.40628, "energy": 39.937404, "activity_lines": [ 34.327183, 35.038895, 35.517018, 35.616475 ] }, { "date": "2024-09-20", "close": 32.063305, "volume": 51264, "typical_volume": 55033.15, "trend": 35.505882, "fair_value": 30.918377, "relative_strength": -6.974163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.845409, "energy": 65.904479, "activity_lines": [ 33.393042, 34.374328, 35.163038, 35.395665 ] }, { "date": "2024-09-27", "close": 33.060608, "volume": 52360, "typical_volume": 55724.15, "trend": 35.481272, "fair_value": 30.856397, "relative_strength": -6.875614, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.502988, "energy": 66.610831, "activity_lines": [ 32.960878, 34.006233, 34.916327, 35.237905 ] }, { "date": "2024-10-04", "close": 32.711548, "volume": 39186, "typical_volume": 54937.7, "trend": 35.461593, "fair_value": 30.789989, "relative_strength": -4.916948, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.687848, "energy": 68.84021, "activity_lines": [ 32.661685, 33.643576, 34.650776, 35.059213 ] }, { "date": "2024-10-11", "close": 33.708855, "volume": 100475, "typical_volume": 56744.55, "trend": 35.458591, "fair_value": 30.714634, "relative_strength": -4.263474, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.813115, "energy": 55.059659, "activity_lines": [ 33.000769, 33.546566, 34.504083, 34.946133 ] }, { "date": "2024-10-18", "close": 34.157639, "volume": 38756, "typical_volume": 54734.1, "trend": 35.357884, "fair_value": 30.640278, "relative_strength": -5.544914, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.755182, "energy": 31.072812, "activity_lines": [ 33.462852, 33.552005, 34.418075, 34.862201 ] }, { "date": "2024-10-25", "close": 33.110474, "volume": 43642, "typical_volume": 52587.95, "trend": 35.220616, "fair_value": 30.588009, "relative_strength": -7.29382, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.833185, "energy": 24.961993, "activity_lines": [ 33.45288, 33.389717, 34.247433, 34.717207 ] }, { "date": "2024-11-01", "close": 34.456829, "volume": 121891, "typical_volume": 56328.9, "trend": 35.103374, "fair_value": 30.537484, "relative_strength": -3.300122, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.282398, "energy": 17.614747, "activity_lines": [ 33.821881, 33.49942, 34.218709, 34.66793 ] }, { "date": "2024-11-08", "close": 34.805889, "volume": 51709, "typical_volume": 55940.85, "trend": 35.092205, "fair_value": 30.4917, "relative_strength": 0.110888, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.761211, "energy": 16.645228, "activity_lines": [ 34.214154, 33.7152, 34.221516, 34.648738 ] }, { "date": "2024-11-15", "close": 35.204807, "volume": 111477, "typical_volume": 58108.75, "trend": 35.125813, "fair_value": 30.466943, "relative_strength": 0.087642, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.537758, "energy": 13.42574, "activity_lines": [ 34.599778, 34.048843, 34.259413, 34.656002 ] }, { "date": "2024-11-22", "close": 38.346313, "volume": 146811, "typical_volume": 63100.5, "trend": 35.240943, "fair_value": 30.456063, "relative_strength": 10.874854, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.682439, "energy": 31.410503, "activity_lines": [ 35.932839, 34.919217, 34.59028, 34.863777 ] }, { "date": "2024-11-29", "close": 37.498604, "volume": 87494, "typical_volume": 64377.9, "trend": 35.336099, "fair_value": 30.442566, "relative_strength": 8.312469, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.501698, "energy": 44.188525, "activity_lines": [ 36.704087, 35.525758, 34.833907, 35.009432 ] }, { "date": "2024-12-06", "close": 37.299149, "volume": 102396, "typical_volume": 68177.9, "trend": 35.37656, "fair_value": 30.418087, "relative_strength": 3.394841, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.738155, "energy": 53.268217, "activity_lines": [ 37.116307, 35.997211, 35.062812, 35.136081 ] }, { "date": "2024-12-13", "close": 39.991863, "volume": 86868, "typical_volume": 70573.65, "trend": 35.452103, "fair_value": 30.407425, "relative_strength": 10.145458, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.252227, "energy": 71.597449, "activity_lines": [ 38.23661, 36.881185, 35.546029, 35.433842 ] }, { "date": "2024-12-20", "close": 37.548473, "volume": 120287, "typical_volume": 74473.1, "trend": 35.454483, "fair_value": 30.378283, "relative_strength": 6.748466, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.564285, "energy": 66.528478, "activity_lines": [ 38.196719, 37.188536, 35.783957, 35.569092 ] }, { "date": "2024-12-27", "close": 36.950089, "volume": 14009, "typical_volume": 72001.95, "trend": 35.441888, "fair_value": 30.337792, "relative_strength": 3.762035, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.818374, "energy": 48.526478, "activity_lines": [ 37.801122, 37.317278, 35.952074, 35.665582 ] }, { "date": "2025-01-03", "close": 37.099686, "volume": 17362, "typical_volume": 70183.9, "trend": 35.479014, "fair_value": 30.317669, "relative_strength": 4.133026, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.217151, "energy": 37.367319, "activity_lines": [ 37.548472, 37.422449, 36.127077, 35.772537 ] }, { "date": "2025-01-10", "close": 35.703461, "volume": 115141, "typical_volume": 72485.95, "trend": 35.532557, "fair_value": 30.283587, "relative_strength": -2.479907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.895392, "energy": 18.103023, "activity_lines": [ 36.857008, 37.201229, 36.157233, 35.787018 ] }, { "date": "2025-01-17", "close": 35.354404, "volume": 90463, "typical_volume": 74761.35, "trend": 35.571152, "fair_value": 30.233806, "relative_strength": -6.467801, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.670697, "energy": 18.263572, "activity_lines": [ 36.155572, 36.893878, 36.159371, 35.775524 ] }, { "date": "2025-01-24", "close": 36.351707, "volume": 49489, "typical_volume": 76010.95, "trend": 35.652931, "fair_value": 30.216088, "relative_strength": -3.574938, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.514763, "energy": 18.334683, "activity_lines": [ 36.095733, 36.757882, 36.265749, 35.825882 ] }, { "date": "2025-01-31", "close": 38.645504, "volume": 63272, "typical_volume": 75217.6, "trend": 35.708447, "fair_value": 30.20243, "relative_strength": 1.727008, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.437855, "energy": 20.960415, "activity_lines": [ 36.880278, 37.018087, 36.576101, 36.018951 ] }, { "date": "2025-02-07", "close": 37.648201, "volume": 39240, "typical_volume": 74616.4, "trend": 35.683515, "fair_value": 30.214309, "relative_strength": -2.51702, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.619478, "energy": 24.731117, "activity_lines": [ 37.219361, 37.091525, 36.761314, 36.144097 ] }, { "date": "2025-02-14", "close": 36.451439, "volume": 51700, "typical_volume": 74583.4, "trend": 35.670217, "fair_value": 30.213195, "relative_strength": -7.847946, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.410975, "energy": 25.618056, "activity_lines": [ 37.122955, 36.94465, 36.805955, 36.19364 ] }, { "date": "2025-02-21", "close": 36.401573, "volume": 89738, "typical_volume": 77111.0, "trend": 35.638636, "fair_value": 30.219274, "relative_strength": -9.010393, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.498391, "energy": 21.788893, "activity_lines": [ 36.960063, 36.804121, 36.829701, 36.240825 ] }, { "date": "2025-02-28", "close": 34.25737, "volume": 64510, "typical_volume": 75312.75, "trend": 35.61869, "fair_value": 30.232895, "relative_strength": -14.66774, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.089809, "energy": 7.998801, "activity_lines": [ 36.012624, 36.339014, 36.631665, 36.151711 ] }, { "date": "2025-03-07", "close": 35.055214, "volume": 81838, "typical_volume": 77466.85, "trend": 35.607055, "fair_value": 30.243178, "relative_strength": -12.396357, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.768471, "energy": 19.597544, "activity_lines": [ 35.470757, 36.078809, 36.507002, 36.115357 ] }, { "date": "2025-03-14", "close": 33.210201, "volume": 56436, "typical_volume": 78106.55, "trend": 35.560514, "fair_value": 30.254781, "relative_strength": -16.929579, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.616065, "energy": 45.641033, "activity_lines": [ 34.553237, 35.517599, 36.202349, 35.960722 ] }, { "date": "2025-03-21", "close": 40.689976, "volume": 220230, "typical_volume": 83023.5, "trend": 35.690163, "fair_value": 30.306506, "relative_strength": 0.86192, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 48.344116, "energy": 21.397124, "activity_lines": [ 36.424843, 36.387066, 36.609582, 36.291655 ] }, { "date": "2025-03-28", "close": 40.590248, "volume": 205418, "typical_volume": 90708.95, "trend": 35.799866, "fair_value": 30.366607, "relative_strength": 1.430521, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.203057, "energy": 45.90883, "activity_lines": [ 37.980636, 37.147737, 36.977634, 36.607789 ] }, { "date": "2025-04-04", "close": 37.747932, "volume": 114816, "typical_volume": 90875.9, "trend": 35.9478, "fair_value": 30.401977, "relative_strength": 5.515646, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 46.170464, "energy": 36.714903, "activity_lines": [ 38.309746, 37.296426, 37.047445, 36.733471 ] }, { "date": "2025-04-11", "close": 38.795101, "volume": 117682, "typical_volume": 89419.45, "trend": 36.163882, "fair_value": 30.444435, "relative_strength": 10.217935, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 51.847585, "energy": 40.186196, "activity_lines": [ 38.755209, 37.610123, 37.204877, 36.917168 ] }, { "date": "2025-04-18", "close": 39.293755, "volume": 60910, "typical_volume": 88090.25, "trend": 36.404897, "fair_value": 30.50474, "relative_strength": 5.413551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.413411, "energy": 53.565196, "activity_lines": [ 39.117563, 38.011765, 37.407662, 37.119095 ] }, { "date": "2025-04-25", "close": 42.485123, "volume": 191453, "typical_volume": 92543.1, "trend": 36.719048, "fair_value": 30.594393, "relative_strength": 9.558739, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.808833, "energy": 55.54712, "activity_lines": [ 40.138137, 38.963736, 37.905839, 37.511368 ] }, { "date": "2025-05-02", "close": 43.233101, "volume": 81316, "typical_volume": 92265.5, "trend": 37.069766, "fair_value": 30.689341, "relative_strength": 8.440567, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.125653, "energy": 66.378589, "activity_lines": [ 41.28836, 39.942, 38.450556, 37.931629 ] }, { "date": "2025-05-09", "close": 45.576763, "volume": 104239, "typical_volume": 91463.1, "trend": 37.465363, "fair_value": 30.798436, "relative_strength": 11.054384, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.415657, "energy": 78.315265, "activity_lines": [ 43.043613, 41.222175, 39.203045, 38.480468 ] }, { "date": "2025-05-16", "close": 47.521507, "volume": 127805, "typical_volume": 97152.9, "trend": 37.910825, "fair_value": 30.930788, "relative_strength": 11.917397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.424691, "energy": 83.50955, "activity_lines": [ 44.925193, 42.650132, 40.102518, 39.129251 ] }, { "date": "2025-05-23", "close": 48.618538, "volume": 88591, "typical_volume": 100714.35, "trend": 38.427761, "fair_value": 31.062556, "relative_strength": 17.612475, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.687792, "energy": 84.861065, "activity_lines": [ 46.590689, 44.05089, 41.05613, 39.820071 ] }, { "date": "2025-05-30", "close": 48.917728, "volume": 68511, "typical_volume": 98382.85, "trend": 38.909791, "fair_value": 31.193956, "relative_strength": 16.234911, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.318708, "energy": 84.555912, "activity_lines": [ 47.734263, 45.225894, 41.983385, 40.496843 ] }, { "date": "2025-06-06", "close": 48.419079, "volume": 34303, "typical_volume": 95574.85, "trend": 39.363564, "fair_value": 31.3313, "relative_strength": 13.270653, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.439078, "energy": 78.023532, "activity_lines": [ 48.28278, 46.160639, 42.800224, 41.110346 ] }, { "date": "2025-06-13", "close": 47.671101, "volume": 37107, "typical_volume": 94955.75, "trend": 39.779107, "fair_value": 31.473879, "relative_strength": 14.464691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.250975, "energy": 64.425544, "activity_lines": [ 48.236239, 46.817046, 43.483614, 41.646316 ] }, { "date": "2025-06-20", "close": 48.419079, "volume": 173024, "typical_volume": 100443.35, "trend": 40.114866, "fair_value": 31.622141, "relative_strength": 16.436974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.683771, "energy": 59.001794, "activity_lines": [ 48.299402, 47.429028, 44.184338, 42.203734 ] }, { "date": "2025-06-27", "close": 45.377304, "volume": 1314899, "typical_volume": 164226.3, "trend": 40.377489, "fair_value": 31.757632, "relative_strength": 7.486369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.345666, "energy": 41.3405, "activity_lines": [ 47.288802, 47.312978, 44.548829, 42.543246 ] }, { "date": "2025-07-04", "close": 44.380001, "volume": 87510, "typical_volume": 166016.8, "trend": 40.613517, "fair_value": 31.890794, "relative_strength": 5.381263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.204537, "energy": 30.923324, "activity_lines": [ 46.161849, 46.904991, 44.781533, 42.801472 ] }, { "date": "2025-07-11", "close": 43.650002, "volume": 61357, "typical_volume": 164597.75, "trend": 40.735455, "fair_value": 32.024354, "relative_strength": 2.507897, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.324914, "energy": 24.411763, "activity_lines": [ 45.094079, 46.329824, 44.906959, 42.997375 ] }, { "date": "2025-07-18", "close": 45.049999, "volume": 59402, "typical_volume": 164342.35, "trend": 40.985506, "fair_value": 32.156605, "relative_strength": 5.104418, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.480501, "energy": 25.483872, "activity_lines": [ 44.810913, 46.001622, 45.131201, 43.275732 ] }, { "date": "2025-07-25", "close": 43.400002, "volume": 80284, "typical_volume": 164264.65, "trend": 41.200503, "fair_value": 32.268631, "relative_strength": 0.296223, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.442246, "energy": 23.207208, "activity_lines": [ 44.152488, 45.382998, 45.146907, 43.431506 ] }, { "date": "2025-08-01", "close": 43.150002, "volume": 37686, "typical_volume": 163327.15, "trend": 41.402181, "fair_value": 32.382482, "relative_strength": 1.688543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.4326, "energy": 15.926838, "activity_lines": [ 43.745335, 44.793856, 45.099067, 43.55728 ] }, { "date": "2025-08-08", "close": 43.5, "volume": 36447, "typical_volume": 154138.0, "trend": 41.662065, "fair_value": 32.493753, "relative_strength": -1.503828, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.292394, "energy": 14.097456, "activity_lines": [ 43.603334, 44.367778, 45.037227, 43.692624 ] }, { "date": "2025-08-15", "close": 43.5, "volume": 56110, "typical_volume": 146672.6, "trend": 41.933585, "fair_value": 32.615433, "relative_strength": -3.834284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.120239, "energy": 15.038145, "activity_lines": [ 43.520001, 44.040204, 44.962006, 43.8112 ] }, { "date": "2025-08-22", "close": 45.0, "volume": 56669, "typical_volume": 143765.25, "trend": 42.221861, "fair_value": 32.752061, "relative_strength": -1.927928, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.320702, "energy": 9.901161, "activity_lines": [ 43.946667, 44.074795, 45.015786, 44.009033 ] }, { "date": "2025-08-29", "close": 46.349998, "volume": 99335, "typical_volume": 142847.9, "trend": 42.478678, "fair_value": 32.892138, "relative_strength": 3.656012, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.920656, "energy": 20.510442, "activity_lines": [ 44.826666, 44.403406, 45.163604, 44.275365 ] }, { "date": "2025-09-05", "close": 43.799999, "volume": 62578, "typical_volume": 142931.3, "trend": 42.683738, "fair_value": 33.015868, "relative_strength": -0.756336, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.964108, "energy": 14.180536, "activity_lines": [ 44.659999, 44.306, 45.03259, 44.360611 ] }, { "date": "2025-09-12", "close": 43.650002, "volume": 187835, "typical_volume": 142750.4, "trend": 42.92369, "fair_value": 33.144223, "relative_strength": -3.432218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.962353, "energy": 12.633377, "activity_lines": [ 44.4, 44.21, 44.865831, 44.422951 ] }, { "date": "2025-09-19", "close": 43.25, "volume": 156683, "typical_volume": 146518.75, "trend": 43.151971, "fair_value": 33.286391, "relative_strength": -3.868947, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.318318, "energy": 3.900289, "activity_lines": [ 43.996667, 44.054546, 44.65543, 44.444003 ] }, { "date": "2025-09-26", "close": 41.200001, "volume": 70535, "typical_volume": 144833.55, "trend": 43.383392, "fair_value": 33.423034, "relative_strength": -9.165779, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.210473, "energy": 36.967781, "activity_lines": [ 42.926667, 43.533637, 44.249711, 44.318069 ] }, { "date": "2025-10-03", "close": 41.799999, "volume": 103578, "typical_volume": 143622.2, "trend": 43.608218, "fair_value": 33.55451, "relative_strength": -9.134544, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.180358, "energy": 47.805104, "activity_lines": [ 42.31, 43.191818, 43.921976, 44.215915 ] }, { "date": "2025-10-10", "close": 41.549999, "volume": 174364, "typical_volume": 147910.85, "trend": 43.886211, "fair_value": 33.682353, "relative_strength": -7.088277, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.376487, "energy": 52.30553, "activity_lines": [ 41.913333, 42.833636, 43.597676, 44.083127 ] }, { "date": "2025-10-17", "close": 40.450001, "volume": 126249, "typical_volume": 150797.75, "trend": 43.878212, "fair_value": 33.803398, "relative_strength": -8.917225, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.104525, "energy": 67.221849, "activity_lines": [ 41.3, 42.304545, 43.202275, 43.861436 ] }, { "date": "2025-10-24", "close": 44.299999, "volume": 113274, "typical_volume": 154746.3, "trend": 44.001871, "fair_value": 33.941759, "relative_strength": -2.119895, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.964288, "energy": 33.969716, "activity_lines": [ 42.183333, 42.530909, 43.213863, 43.888648 ] }, { "date": "2025-10-31", "close": 47.049999, "volume": 121323, "typical_volume": 158957.1, "trend": 44.311939, "fair_value": 34.095463, "relative_strength": 2.12251, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.174858, "energy": 8.701781, "activity_lines": [ 43.913333, 43.242727, 43.50697, 44.085301 ] }, { "date": "2025-11-07", "close": 43.099998, "volume": 114634, "typical_volume": 156037.6, "trend": 44.455436, "fair_value": 34.198457, "relative_strength": -5.848399, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.84336, "energy": 17.466904, "activity_lines": [ 43.936666, 43.19909, 43.426844, 44.007111 ] }, { "date": "2025-11-14", "close": 41.200001, "volume": 225256, "typical_volume": 101555.45, "trend": 44.518977, "fair_value": 34.305521, "relative_strength": -12.054456, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.892084, "energy": 22.162381, "activity_lines": [ 43.24, 42.869091, 43.191095, 43.797083 ] }, { "date": "2025-11-21", "close": 40.5, "volume": 143171, "typical_volume": 104338.5, "trend": 44.452807, "fair_value": 34.402131, "relative_strength": -10.531543, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.067252, "energy": 24.094984, "activity_lines": [ 42.333333, 42.459091, 42.908571, 43.537795 ] }, { "date": "2025-11-28", "close": 39.5, "volume": 184750, "typical_volume": 110508.15, "trend": 44.32837, "fair_value": 34.484206, "relative_strength": -13.809515, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.298256, "energy": 52.177081, "activity_lines": [ 41.09, 41.924545, 42.549286, 43.218259 ] }, { "date": "2025-12-05", "close": 37.599998, "volume": 180976, "typical_volume": 116586.85, "trend": 44.062478, "fair_value": 34.566796, "relative_strength": -17.788359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.371078, "energy": 69.652435, "activity_lines": [ 39.533333, 41.112727, 42.028809, 42.78417 ] }, { "date": "2025-12-12", "close": 35.849998, "volume": 263574, "typical_volume": 125751.35, "trend": 43.673428, "fair_value": 34.644897, "relative_strength": -21.297239, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.845855, "energy": 80.42186, "activity_lines": [ 38.023332, 40.048181, 41.377142, 42.254333 ] }, { "date": "2025-12-19", "close": 34.450001, "volume": 303512, "typical_volume": 139042.65, "trend": 43.201143, "fair_value": 34.706788, "relative_strength": -26.007413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.35491, "energy": 85.650906, "activity_lines": [ 36.529999, 38.837272, 40.628095, 41.659273 ] }, { "date": "2025-12-26", "close": 35.0, "volume": 122543, "typical_volume": 143347.45, "trend": 42.737219, "fair_value": 34.764079, "relative_strength": -24.155181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.512763, "energy": 84.855984, "activity_lines": [ 35.67, 37.855454, 39.972857, 41.130167 ] }, { "date": "2026-01-02", "close": 33.900002, "volume": 112191, "typical_volume": 146151.5, "trend": 42.25325, "fair_value": 34.809622, "relative_strength": -27.321372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.706337, "energy": 86.268501, "activity_lines": [ 34.81, 36.772727, 39.253333, 40.560024 ] }, { "date": "2026-01-09", "close": 36.75, "volume": 607428, "typical_volume": 173689.45, "trend": 41.889213, "fair_value": 34.863024, "relative_strength": -21.491979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.450184, "energy": 70.05776, "activity_lines": [ 35.273334, 36.397273, 38.850952, 40.204976 ] }, { "date": "2026-01-16", "close": 37.450001, "volume": 453315, "typical_volume": 191388.45, "trend": 41.523577, "fair_value": 34.918374, "relative_strength": -19.901693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.026166, "energy": 48.66088, "activity_lines": [ 36.026667, 36.336364, 38.554524, 39.918575 ] }, { "date": "2026-01-23", "close": 36.299999, "volume": 217274, "typical_volume": 199123.25, "trend": 41.221, "fair_value": 34.966098, "relative_strength": -20.393335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.589325, "energy": 39.892296, "activity_lines": [ 36.29, 36.169091, 38.190952, 39.58157 ] }, { "date": "2026-01-30", "close": 34.799999, "volume": 255539, "typical_volume": 202508.45, "trend": 40.901667, "fair_value": 34.997352, "relative_strength": -24.426072, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.450644, "energy": 39.499177, "activity_lines": [ 35.93, 35.818182, 37.720238, 39.167312 ] }, { "date": "2026-02-06", "close": 34.450001, "volume": 312869, "typical_volume": 210317.75, "trend": 40.595, "fair_value": 35.03144, "relative_strength": -25.380856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.253862, "energy": 47.956901, "activity_lines": [ 35.466667, 35.507273, 37.258333, 38.751075 ] }, { "date": "2026-02-13", "close": 31.799999, "volume": 860560, "typical_volume": 249819.0, "trend": 40.153333, "fair_value": 35.047779, "relative_strength": -30.097501, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.563745, "energy": 76.562386, "activity_lines": [ 34.083333, 34.806364, 36.585952, 38.183656 ] }, { "date": "2026-02-20", "close": 33.849998, "volume": 262015, "typical_volume": 257740.85, "trend": 39.835, "fair_value": 35.086527, "relative_strength": -26.952261, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.06369, "energy": 71.050982, "activity_lines": [ 33.713332, 34.583636, 36.153571, 37.776989 ] }, { "date": "2026-02-27", "close": 33.299999, "volume": 308723, "typical_volume": 264458.8, "trend": 39.506666, "fair_value": 35.120225, "relative_strength": -29.013348, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.397773, "energy": 70.797687, "activity_lines": [ 33.399999, 34.297272, 35.706666, 37.355376 ] }, { "date": "2026-03-06", "close": 33.900002, "volume": 146090, "typical_volume": 265450.85, "trend": 39.186666, "fair_value": 35.165895, "relative_strength": -22.518398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.311861, "energy": 58.193237, "activity_lines": [ 33.486667, 34.140909, 35.35619, 36.993656 ] }, { "date": "2026-03-13", "close": 32.349998, "volume": 203844, "typical_volume": 269979.35, "trend": 38.815, "fair_value": 35.229812, "relative_strength": -26.151236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.977453, "energy": 53.104789, "activity_lines": [ 33.116666, 33.722727, 34.889285, 36.55258 ] }, { "date": "2026-03-20", "close": 30.6, "volume": 512667, "typical_volume": 289546.55, "trend": 38.335, "fair_value": 35.269054, "relative_strength": -27.275246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.576959, "energy": 58.157315, "activity_lines": [ 32.303333, 33.014545, 34.312619, 36.02258 ] }, { "date": "2026-03-27", "close": 30.299999, "volume": 198571, "typical_volume": 293743.4, "trend": 37.8, "fair_value": 35.297613, "relative_strength": -28.391603, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.197226, "energy": 59.539005, "activity_lines": [ 31.469999, 32.363636, 33.785714, 35.504193 ] }, { "date": "2026-04-03", "close": 31.35, "volume": 158510, "typical_volume": 290406.1, "trend": 37.385, "fair_value": 35.326556, "relative_strength": -28.99418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.787029, "energy": 55.617781, "activity_lines": [ 31.223333, 32.033636, 33.419762, 35.088064 ] }, { "date": "2026-04-10", "close": 32.25, "volume": 174022, "typical_volume": 291948.65, "trend": 37.005, "fair_value": 35.355238, "relative_strength": -29.350061, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.410553, "energy": 51.390688, "activity_lines": [ 31.406666, 31.957272, 33.186428, 34.756774 ] }, { "date": "2026-04-17", "close": 35.549999, "volume": 218300, "typical_volume": 293626.15, "trend": 36.748333, "fair_value": 35.406978, "relative_strength": -23.569756, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.95823, "energy": 26.195282, "activity_lines": [ 32.8, 32.527272, 33.306666, 34.662903 ] }, { "date": "2026-04-24", "close": 34.150002, "volume": 92436, "typical_volume": 289199.15, "trend": 36.513333, "fair_value": 35.446252, "relative_strength": -24.065024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.928699, "energy": 20.112759, "activity_lines": [ 33.513334, 32.822727, 33.312381, 34.495269 ] }, { "date": "2026-05-01", "close": 34.0, "volume": 55552, "typical_volume": 278798.05, "trend": 36.253333, "fair_value": 35.486469, "relative_strength": -24.673389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.340558, "energy": 21.972049, "activity_lines": [ 33.94, 33.048182, 33.320238, 34.333118 ] }, { "date": "2026-05-08", "close": 37.25, "volume": 140647, "typical_volume": 270654.8, "trend": 36.11, "fair_value": 35.550058, "relative_strength": -18.548106, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 12.180623, "energy": 24.341581, "activity_lines": [ 35.203334, 33.861818, 33.646428, 34.397419 ] }, { "date": "2026-05-15", "close": 31.049999, "volume": 243515, "typical_volume": 276703.4, "trend": 35.796666, "fair_value": 35.569143, "relative_strength": -31.098223, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.447698, "energy": 18.207485, "activity_lines": [ 34.006667, 33.476364, 33.368809, 34.070968 ] }, { "date": "2026-05-22", "close": 31.4, "volume": 301713, "typical_volume": 286179.5, "trend": 35.366666, "fair_value": 35.590472, "relative_strength": -30.00092, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.901705, "energy": 20.62852, "activity_lines": [ 33.006667, 33.206364, 33.143333, 33.787312 ] }, { "date": "2026-05-29", "close": 31.35, "volume": 128901, "typical_volume": 262253.15, "trend": 34.843333, "fair_value": 35.595611, "relative_strength": -29.964414, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.503453, "energy": 28.020175, "activity_lines": [ 32.266666, 32.944545, 32.925, 33.528172 ] }, { "date": "2026-06-05", "close": 33.468918, "volume": 40023, "typical_volume": 241588.55, "trend": 34.522297, "fair_value": 35.60386, "relative_strength": -24.164473, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.030171, "energy": 28.873391, "activity_lines": [ 32.419639, 33.054349, 32.934183, 33.4395 ] }, { "date": "2026-06-12", "close": 35.162289, "volume": 29820, "typical_volume": 232215.85, "trend": 34.32104, "fair_value": 35.626455, "relative_strength": -21.916345, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.781933, "energy": 11.269091, "activity_lines": [ 33.172474, 33.414421, 33.123596, 33.48079 ] }, { "date": "2026-06-19", "close": 36.40741, "volume": 54996, "typical_volume": 222188.7, "trend": 34.18462, "fair_value": 35.666235, "relative_strength": -20.263414, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.071633, "energy": 22.14612, "activity_lines": [ 34.479531, 33.931564, 33.43701, 33.615394 ] }, { "date": "2026-06-26", "close": 34.564629, "volume": 19617, "typical_volume": 207526.1, "trend": 34.020108, "fair_value": 35.691981, "relative_strength": -21.139575, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.812966, "energy": 19.262068, "activity_lines": [ 34.815166, 34.038068, 33.567267, 33.639911 ] }, { "date": "2026-07-03", "close": 38.299999, "volume": 29898, "typical_volume": 165993.0, "trend": 34.043441, "fair_value": 35.742181, "relative_strength": -14.427888, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.940226, "energy": 53.116495, "activity_lines": [ 36.184949, 34.841645, 34.052728, 33.916033 ] }, { "date": "2026-07-10", "close": 36.400002, "volume": 112178, "typical_volume": 158501.15, "trend": 34.061775, "fair_value": 35.781158, "relative_strength": -17.613267, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.987359, "energy": 59.6714, "activity_lines": [ 36.458067, 35.224313, 34.326284, 34.068069 ] }, { "date": "2026-07-17", "close": 34.5, "volume": 71894, "typical_volume": 146659.7, "trend": 34.063441, "fair_value": 35.800946, "relative_strength": -19.982652, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.331236, "energy": 43.670673, "activity_lines": [ 35.902445, 35.217891, 34.406745, 34.096342 ] }, { "date": "2026-07-24", "close": 33.0, "volume": 132529, "typical_volume": 145981.65, "trend": 33.996775, "fair_value": 35.809206, "relative_strength": -22.575528, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.236944, "energy": 17.89989, "activity_lines": [ 34.890976, 34.988741, 34.338634, 34.027733 ] }, { "date": "2026-07-31", "close": 36.450001, "volume": 113919, "typical_volume": 141485.4, "trend": 34.081775, "fair_value": 35.848503, "relative_strength": -14.32503, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.764877, "energy": 18.758404, "activity_lines": [ 35.256667, 35.351409, 34.603381, 34.186005 ] }, { "date": "2026-08-07", "close": 38.900002, "volume": 188642, "typical_volume": 125284.15, "trend": 34.153441, "fair_value": 35.924853, "relative_strength": -10.517257, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.163644, "energy": 32.218339, "activity_lines": [ 36.313334, 36.067714, 35.081937, 34.496859 ] } ], "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." } } }