{ "ticker": { "uuid": "6cdbe836-9f56-476e-94a4-7802f040a80d", "symbol": "VNGD40", "name": "Vanguard LifeStrategy 40% Equity UCITS ETF (EUR) Distributing", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 54.124, "architecture_energy": 28.971, "architecture_maturity": 38.199, "architecture_confidence": 72.23, "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": 36.42, "rotation_up": 33.98, "upward_expansion": 58.11, "deceleration": 86.93, "rotation_down": 26.44, "downward_expansion": 19.45 }, "activity_lines": [ 26.969, 26.994678, 26.882437, 26.736787 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 27.195, "trend_reference": 26.58723, "distance_from_trend": 0.022859, "trend_direction": "Improving", "fair_value": 24.46639, "distance_from_fair_value": 0.111525, "fair_value_direction": "Improving", "relative_strength": -11.336998, "relative_strength_direction": "Weakening", "price_momentum": 0.032264, "excess_performance": -0.138628, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.022859, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012044, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.111525, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.004785, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.11337, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.020176, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.032264, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.668963, "read": "Supply-led" } ], "volume": { "latest": 8698, "relative_activity": 1.444802, "balance": 0.668963, "dry_up": 1.451073, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.011629, "annualized_volatility": 0.063416, "from_high_reference": -0.017522, "from_low_reference": 0.08058 }, "levels": { "trend_reference": 26.58723, "fair_value_reference": 24.46639, "structural_low": 25.530001, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": 0.011277, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.002815, "regime_survival": 0.166667, "best_return": 0.024679, "worst_return": -0.037463, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.02882, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.016126, "regime_survival": 0.0, "best_return": 0.033459, "worst_return": -0.055676, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.039243, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.03951, "regime_survival": 0.0, "best_return": 0.068757, "worst_return": 0.009729, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.043815, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.046638, "regime_survival": 0.0, "best_return": 0.043815, "worst_return": 0.043815, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.005399, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-01-03", "tenure": "Established", "return": 0.030032, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.024284, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.034104, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.004955, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.019475, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": 0.044275, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.003535, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-08-08", "tenure": "Developing", "return": 0.024029, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2026-03-13", "tenure": "Extended", "return": 0.032207, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.006583, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-15", "tenure": "Developing", "return": 0.00958, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-31", "tenure": "Developing", "return": 0.000952, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 21.324583, "volume": 1261, "typical_volume": 2225.3, "trend": 21.313599, "fair_value": 22.239345, "relative_strength": -7.76867, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.398785, "energy": 23.291185, "activity_lines": [ 21.533264, 21.547069, 21.486842, 21.40378 ] }, { "date": "2023-08-25", "close": 21.273344, "volume": 1479, "typical_volume": 2165.35, "trend": 21.313433, "fair_value": 22.232542, "relative_strength": -8.913349, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.97827, "energy": 15.888402, "activity_lines": [ 21.426749, 21.496592, 21.473409, 21.401183 ] }, { "date": "2023-09-01", "close": 21.678596, "volume": 8035, "typical_volume": 2561.3, "trend": 21.321571, "fair_value": 22.228668, "relative_strength": -8.138005, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.529495, "energy": 22.967018, "activity_lines": [ 21.481715, 21.527081, 21.498944, 21.424742 ] }, { "date": "2023-09-08", "close": 21.594749, "volume": 992, "typical_volume": 2552.55, "trend": 21.329669, "fair_value": 22.224266, "relative_strength": -6.681714, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.681724, "energy": 19.391117, "activity_lines": [ 21.517737, 21.538769, 21.51415, 21.442366 ] }, { "date": "2023-09-15", "close": 21.636675, "volume": 4039, "typical_volume": 2750.05, "trend": 21.345903, "fair_value": 22.220214, "relative_strength": -8.146951, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.214707, "energy": 26.148084, "activity_lines": [ 21.564629, 21.556131, 21.531317, 21.462173 ] }, { "date": "2023-09-22", "close": 21.375822, "volume": 3138, "typical_volume": 2883.55, "trend": 21.360332, "fair_value": 22.21443, "relative_strength": -7.716478, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.974159, "energy": 17.421734, "activity_lines": [ 21.522706, 21.520645, 21.521147, 21.464103 ] }, { "date": "2023-09-29", "close": 21.142916, "volume": 5782, "typical_volume": 3099.15, "trend": 21.367151, "fair_value": 22.207141, "relative_strength": -7.09869, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.108374, "energy": 9.767525, "activity_lines": [ 21.399732, 21.4462, 21.48809, 21.450076 ] }, { "date": "2023-10-06", "close": 20.979885, "volume": 6800, "typical_volume": 3426.45, "trend": 21.371138, "fair_value": 22.198849, "relative_strength": -5.833096, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.919757, "energy": 47.485995, "activity_lines": [ 21.23111, 21.351684, 21.440523, 21.425092 ] }, { "date": "2023-10-13", "close": 21.278002, "volume": 2134, "typical_volume": 3377.2, "trend": 21.378785, "fair_value": 22.192669, "relative_strength": -5.442753, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.523439, "energy": 44.555243, "activity_lines": [ 21.208441, 21.32653, 21.422988, 21.419083 ] }, { "date": "2023-10-20", "close": 20.854118, "volume": 1435, "typical_volume": 3408.55, "trend": 21.371536, "fair_value": 22.183745, "relative_strength": -3.918198, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.612261, "energy": 67.565639, "activity_lines": [ 21.065594, 21.229219, 21.364581, 21.385233 ] }, { "date": "2023-10-27", "close": 20.82617, "volume": 3999, "typical_volume": 3419.65, "trend": 21.364275, "fair_value": 22.174754, "relative_strength": -3.431266, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.181122, "energy": 80.538459, "activity_lines": [ 20.965601, 21.140547, 21.305817, 21.350048 ] }, { "date": "2023-11-03", "close": 21.319925, "volume": 2154, "typical_volume": 3092.1, "trend": 21.363213, "fair_value": 22.16913, "relative_strength": -5.610811, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.994444, "energy": 53.317713, "activity_lines": [ 21.066837, 21.15071, 21.297477, 21.347187 ] }, { "date": "2023-11-10", "close": 21.315266, "volume": 2358, "typical_volume": 3153.6, "trend": 21.367508, "fair_value": 22.16355, "relative_strength": -4.810916, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.18247, "energy": 36.007099, "activity_lines": [ 21.154719, 21.159179, 21.290379, 21.344094 ] }, { "date": "2023-11-17", "close": 21.520222, "volume": 3897, "typical_volume": 3323.2, "trend": 21.379247, "fair_value": 22.159372, "relative_strength": -6.860656, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.356629, "energy": 13.959088, "activity_lines": [ 21.28856, 21.211519, 21.303599, 21.353946 ] }, { "date": "2023-11-24", "close": 21.613384, "volume": 1686, "typical_volume": 3316.25, "trend": 21.395929, "fair_value": 22.15585, "relative_strength": -5.952235, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.906744, "energy": 24.381895, "activity_lines": [ 21.437308, 21.282152, 21.325537, 21.369052 ] }, { "date": "2023-12-01", "close": 21.888208, "volume": 2909, "typical_volume": 3408.4, "trend": 21.417944, "fair_value": 22.154134, "relative_strength": -6.024352, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.644636, "energy": 42.015146, "activity_lines": [ 21.627047, 21.403177, 21.372339, 21.400812 ] }, { "date": "2023-12-08", "close": 22.060556, "volume": 4276, "typical_volume": 3461.15, "trend": 21.441416, "fair_value": 22.15376, "relative_strength": -6.425619, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 56.540436, "energy": 73.124355, "activity_lines": [ 21.803432, 21.546222, 21.434003, 21.442271 ] }, { "date": "2023-12-15", "close": 22.456474, "volume": 7407, "typical_volume": 3611.95, "trend": 21.479158, "fair_value": 22.155498, "relative_strength": -4.316877, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.901523, "energy": 93.604003, "activity_lines": [ 22.062414, 21.744567, 21.53151, 21.507758 ] }, { "date": "2023-12-22", "close": 22.470631, "volume": 4243, "typical_volume": 3575.65, "trend": 21.522424, "fair_value": 22.157668, "relative_strength": -3.89031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.155776, "energy": 94.942307, "activity_lines": [ 22.250035, 21.91864, 21.627304, 21.571724 ] }, { "date": "2023-12-29", "close": 22.59329, "volume": 689, "typical_volume": 3435.65, "trend": 21.564267, "fair_value": 22.159831, "relative_strength": -3.072006, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.103384, "energy": 94.427334, "activity_lines": [ 22.415181, 22.09333, 21.730388, 21.640812 ] }, { "date": "2024-01-05", "close": 22.329098, "volume": 4547, "typical_volume": 3599.95, "trend": 21.590566, "fair_value": 22.159025, "relative_strength": -4.250899, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.326038, "energy": 88.328383, "activity_lines": [ 22.426936, 22.188363, 21.803622, 21.690156 ] }, { "date": "2024-01-12", "close": 22.494219, "volume": 3402, "typical_volume": 3696.1, "trend": 21.617909, "fair_value": 22.158967, "relative_strength": -3.438428, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.152801, "energy": 88.370848, "activity_lines": [ 22.46434, 22.286093, 21.887798, 21.748457 ] }, { "date": "2024-01-19", "close": 22.33853, "volume": 2422, "typical_volume": 3415.45, "trend": 21.646428, "fair_value": 22.157855, "relative_strength": -3.317391, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.052143, "energy": 71.007743, "activity_lines": [ 22.420935, 22.334165, 21.951334, 21.794948 ] }, { "date": "2024-01-26", "close": 22.612162, "volume": 838, "typical_volume": 3407.75, "trend": 21.683913, "fair_value": 22.16011, "relative_strength": -2.28998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.970822, "energy": 66.832961, "activity_lines": [ 22.476605, 22.413383, 22.037786, 21.857254 ] }, { "date": "2024-02-02", "close": 22.744257, "volume": 7518, "typical_volume": 3581.7, "trend": 21.730769, "fair_value": 22.16089, "relative_strength": -2.668922, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.224146, "energy": 70.506309, "activity_lines": [ 22.566871, 22.496766, 22.131975, 21.925663 ] }, { "date": "2024-02-09", "close": 22.777283, "volume": 2559, "typical_volume": 3552.75, "trend": 21.771274, "fair_value": 22.161542, "relative_strength": -3.771482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.471343, "energy": 69.064296, "activity_lines": [ 22.658081, 22.565591, 22.224035, 21.99318 ] }, { "date": "2024-02-16", "close": 22.815023, "volume": 5883, "typical_volume": 3557.8, "trend": 21.809465, "fair_value": 22.163087, "relative_strength": -5.258238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.654017, "energy": 82.915061, "activity_lines": [ 22.731991, 22.625113, 22.313015, 22.060519 ] }, { "date": "2024-02-23", "close": 22.932968, "volume": 7583, "typical_volume": 3596.95, "trend": 21.846775, "fair_value": 22.168107, "relative_strength": -7.41494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.475215, "energy": 89.765637, "activity_lines": [ 22.82383, 22.692363, 22.405266, 22.133003 ] }, { "date": "2024-03-01", "close": 22.947121, "volume": 4161, "typical_volume": 3698.3, "trend": 21.893407, "fair_value": 22.173501, "relative_strength": -7.88286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.859821, "energy": 86.265589, "activity_lines": [ 22.880758, 22.753522, 22.489564, 22.203993 ] }, { "date": "2024-03-08", "close": 23.083937, "volume": 209714, "typical_volume": 14112.25, "trend": 21.94258, "fair_value": 22.177874, "relative_strength": -8.466272, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.038403, "energy": 89.170476, "activity_lines": [ 22.96096, 22.830893, 22.578944, 22.280801 ] }, { "date": "2024-03-15", "close": 22.970711, "volume": 3474, "typical_volume": 14086.0, "trend": 21.997451, "fair_value": 22.18138, "relative_strength": -10.012643, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.091664, "energy": 83.540301, "activity_lines": [ 22.980775, 22.878757, 22.646923, 22.347132 ] }, { "date": "2024-03-22", "close": 23.272648, "volume": 7040, "typical_volume": 14330.3, "trend": 22.064095, "fair_value": 22.186255, "relative_strength": -9.587431, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.012919, "energy": 80.020792, "activity_lines": [ 23.08834, 22.969853, 22.733445, 22.429403 ] }, { "date": "2024-03-29", "close": 23.348131, "volume": 3877, "typical_volume": 14406.25, "trend": 22.119746, "fair_value": 22.190538, "relative_strength": -10.113524, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.009991, "energy": 79.158032, "activity_lines": [ 23.190558, 23.060519, 22.817857, 22.512244 ] }, { "date": "2024-04-05", "close": 23.102806, "volume": 2048, "typical_volume": 14313.8, "trend": 22.170015, "fair_value": 22.192626, "relative_strength": -8.878541, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.34785, "energy": 66.419952, "activity_lines": [ 23.183324, 23.088225, 22.869225, 22.575667 ] }, { "date": "2024-04-12", "close": 23.15942, "volume": 21788, "typical_volume": 15318.9, "trend": 22.220773, "fair_value": 22.194424, "relative_strength": -7.810521, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.79275, "energy": 65.579347, "activity_lines": [ 23.184582, 23.117304, 22.918449, 22.6395 ] }, { "date": "2024-04-19", "close": 22.76313, "volume": 12010, "typical_volume": 15773.95, "trend": 22.267016, "fair_value": 22.194108, "relative_strength": -9.595369, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.08581, "energy": 49.900975, "activity_lines": [ 23.048711, 23.066781, 22.922569, 22.674491 ] }, { "date": "2024-04-26", "close": 22.918814, "volume": 4775, "typical_volume": 15798.9, "trend": 22.326213, "fair_value": 22.195242, "relative_strength": -9.589755, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.956536, "energy": 32.879246, "activity_lines": [ 22.978573, 23.044822, 22.937349, 22.716542 ] }, { "date": "2024-05-03", "close": 23.036758, "volume": 378, "typical_volume": 15447.45, "trend": 22.394775, "fair_value": 22.19651, "relative_strength": -7.226637, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.25209, "energy": 27.334262, "activity_lines": [ 22.971339, 23.04242, 22.959275, 22.762384 ] }, { "date": "2024-05-10", "close": 23.225468, "volume": 3660, "typical_volume": 15418.3, "trend": 22.459691, "fair_value": 22.20046, "relative_strength": -8.978429, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.443188, "energy": 34.621892, "activity_lines": [ 23.047766, 23.072442, 22.996411, 22.815977 ] }, { "date": "2024-05-17", "close": 23.362282, "volume": 1058, "typical_volume": 15436.75, "trend": 22.543296, "fair_value": 22.205343, "relative_strength": -10.091583, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.229875, "energy": 57.45858, "activity_lines": [ 23.161621, 23.122278, 23.042981, 22.874208 ] }, { "date": "2024-05-24", "close": 23.277365, "volume": 13186, "typical_volume": 15868.7, "trend": 22.625003, "fair_value": 22.208181, "relative_strength": -7.77567, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.185151, "energy": 58.184741, "activity_lines": [ 23.233646, 23.151614, 23.077803, 22.921568 ] }, { "date": "2024-05-31", "close": 23.140547, "volume": 1526, "typical_volume": 15774.9, "trend": 22.68569, "fair_value": 22.209689, "relative_strength": -8.036636, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.010206, "energy": 51.782652, "activity_lines": [ 23.225782, 23.150499, 23.095079, 22.954829 ] }, { "date": "2024-06-07", "close": 23.404741, "volume": 2267, "typical_volume": 15767.15, "trend": 22.755339, "fair_value": 22.211843, "relative_strength": -7.149315, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.761733, "energy": 52.655832, "activity_lines": [ 23.291201, 23.19982, 23.134438, 23.001219 ] }, { "date": "2024-06-14", "close": 23.685648, "volume": 10798, "typical_volume": 16265.15, "trend": 22.82752, "fair_value": 22.215653, "relative_strength": -0.156646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.600245, "energy": 57.716239, "activity_lines": [ 23.425724, 23.299187, 23.195473, 23.061239 ] }, { "date": "2024-06-21", "close": 23.680862, "volume": 3461, "typical_volume": 16062.3, "trend": 22.896436, "fair_value": 22.218831, "relative_strength": -1.902697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.839107, "energy": 61.014576, "activity_lines": [ 23.527972, 23.387086, 23.250941, 23.116293 ] }, { "date": "2024-06-28", "close": 23.676073, "volume": 4887, "typical_volume": 16178.7, "trend": 22.956032, "fair_value": 22.220777, "relative_strength": -1.340937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.326888, "energy": 76.813038, "activity_lines": [ 23.607386, 23.464633, 23.301492, 23.166592 ] }, { "date": "2024-07-05", "close": 23.728729, "volume": 1541, "typical_volume": 15961.6, "trend": 23.011638, "fair_value": 22.222831, "relative_strength": -3.36801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.217023, "energy": 81.098377, "activity_lines": [ 23.677771, 23.535156, 23.352779, 23.216444 ] }, { "date": "2024-07-12", "close": 23.929781, "volume": 5655, "typical_volume": 15865.2, "trend": 23.060748, "fair_value": 22.225802, "relative_strength": -4.066448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.472992, "energy": 85.637429, "activity_lines": [ 23.775961, 23.627507, 23.418862, 23.275679 ] }, { "date": "2024-07-19", "close": 23.74309, "volume": 4461, "typical_volume": 15880.2, "trend": 23.103163, "fair_value": 22.226632, "relative_strength": -3.652944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.94558, "energy": 72.721771, "activity_lines": [ 23.776918, 23.669678, 23.462418, 23.319701 ] }, { "date": "2024-07-26", "close": 23.685648, "volume": 7346, "typical_volume": 5761.8, "trend": 23.139575, "fair_value": 22.227523, "relative_strength": -2.636404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.497191, "energy": 56.458157, "activity_lines": [ 23.754898, 23.691994, 23.496713, 23.357281 ] }, { "date": "2024-08-02", "close": 23.628204, "volume": 212697, "typical_volume": 16222.95, "trend": 23.182879, "fair_value": 22.227129, "relative_strength": 2.6099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.871232, "energy": 46.276792, "activity_lines": [ 23.713412, 23.697986, 23.522673, 23.388805 ] }, { "date": "2024-08-09", "close": 23.604271, "volume": 7804, "typical_volume": 16261.15, "trend": 23.21988, "fair_value": 22.226382, "relative_strength": 3.329878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.029464, "energy": 30.230858, "activity_lines": [ 23.667138, 23.693247, 23.543221, 23.415992 ] }, { "date": "2024-08-16", "close": 23.939354, "volume": 4978, "typical_volume": 16316.2, "trend": 23.273241, "fair_value": 22.228041, "relative_strength": 0.921234, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.921273, "energy": 36.967066, "activity_lines": [ 23.740857, 23.741002, 23.594104, 23.462409 ] }, { "date": "2024-08-23", "close": 24.0686, "volume": 8269, "typical_volume": 16627.25, "trend": 23.321789, "fair_value": 22.23027, "relative_strength": -0.266328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.991448, "energy": 48.373284, "activity_lines": [ 23.857019, 23.802535, 23.65448, 23.513723 ] }, { "date": "2024-08-30", "close": 24.102108, "volume": 6451, "typical_volume": 15860.4, "trend": 23.367051, "fair_value": 22.232514, "relative_strength": -2.082532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.910381, "energy": 61.531319, "activity_lines": [ 23.96265, 23.863198, 23.713449, 23.564066 ] }, { "date": "2024-09-06", "close": 23.910635, "volume": 6911, "typical_volume": 15605.45, "trend": 23.404829, "fair_value": 22.233817, "relative_strength": 0.422541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.872304, "energy": 71.58169, "activity_lines": [ 23.976692, 23.881389, 23.749693, 23.599136 ] }, { "date": "2024-09-13", "close": 24.221781, "volume": 9622, "typical_volume": 15847.8, "trend": 23.451721, "fair_value": 22.237629, "relative_strength": 0.963788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.74139, "energy": 84.396973, "activity_lines": [ 24.075622, 23.951887, 23.810105, 23.651842 ] }, { "date": "2024-09-20", "close": 24.236143, "volume": 4696, "typical_volume": 16063.7, "trend": 23.49516, "fair_value": 22.241849, "relative_strength": 0.524799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.556536, "energy": 82.011828, "activity_lines": [ 24.138171, 24.016032, 23.865681, 23.70245 ] }, { "date": "2024-09-27", "close": 24.441978, "volume": 1112, "typical_volume": 15936.3, "trend": 23.544989, "fair_value": 22.248733, "relative_strength": -1.319592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.106842, "energy": 85.01748, "activity_lines": [ 24.249546, 24.112031, 23.935149, 23.763535 ] }, { "date": "2024-10-04", "close": 24.422831, "volume": 5179, "typical_volume": 16142.35, "trend": 23.589619, "fair_value": 22.254893, "relative_strength": 2.003905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.254543, "energy": 85.925074, "activity_lines": [ 24.329646, 24.191841, 23.997, 23.82017 ] }, { "date": "2024-10-11", "close": 24.461126, "volume": 1119, "typical_volume": 15539.0, "trend": 23.639299, "fair_value": 22.260211, "relative_strength": 0.14728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.127284, "energy": 81.941972, "activity_lines": [ 24.40113, 24.265212, 24.057448, 23.876397 ] }, { "date": "2024-10-18", "close": 24.633455, "volume": 9226, "typical_volume": 15924.0, "trend": 23.684659, "fair_value": 22.266548, "relative_strength": -1.547679, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.098906, "energy": 86.912395, "activity_lines": [ 24.493358, 24.35477, 24.128672, 23.940536 ] }, { "date": "2024-10-25", "close": 24.494637, "volume": 7483, "typical_volume": 16184.8, "trend": 23.722876, "fair_value": 22.270993, "relative_strength": -0.739518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.477411, "energy": 69.369971, "activity_lines": [ 24.511868, 24.400377, 24.179566, 23.992792 ] }, { "date": "2024-11-01", "close": 24.260077, "volume": 4013, "typical_volume": 15845.55, "trend": 23.761452, "fair_value": 22.271817, "relative_strength": -1.289136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.111939, "energy": 55.706501, "activity_lines": [ 24.434959, 24.39324, 24.20293, 24.02745 ] }, { "date": "2024-11-08", "close": 24.671751, "volume": 7792, "typical_volume": 16062.1, "trend": 23.811863, "fair_value": 22.275423, "relative_strength": 2.986801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.520692, "energy": 61.47976, "activity_lines": [ 24.507401, 24.457472, 24.262767, 24.086179 ] }, { "date": "2024-11-15", "close": 24.609522, "volume": 22745, "typical_volume": 16955.0, "trend": 23.873409, "fair_value": 22.277771, "relative_strength": 1.627429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.267025, "energy": 56.259372, "activity_lines": [ 24.542505, 24.500032, 24.311958, 24.137641 ] }, { "date": "2024-11-22", "close": 24.848867, "volume": 7491, "typical_volume": 17252.5, "trend": 23.937744, "fair_value": 22.283715, "relative_strength": 4.729788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.775102, "energy": 62.614627, "activity_lines": [ 24.647498, 24.573402, 24.379499, 24.200574 ] }, { "date": "2024-11-29", "close": 25.016409, "volume": 2165, "typical_volume": 17078.0, "trend": 24.003733, "fair_value": 22.291104, "relative_strength": 5.638748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.58604, "energy": 86.166831, "activity_lines": [ 24.793977, 24.665833, 24.457662, 24.270165 ] }, { "date": "2024-12-06", "close": 25.198313, "volume": 8061, "typical_volume": 17258.0, "trend": 24.069494, "fair_value": 22.298085, "relative_strength": 2.320274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.193458, "energy": 92.530077, "activity_lines": [ 24.966306, 24.777151, 24.547976, 24.347235 ] }, { "date": "2024-12-13", "close": 25.000694, "volume": 10032, "typical_volume": 17392.3, "trend": 24.124108, "fair_value": 22.303946, "relative_strength": 1.175839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.750618, "energy": 86.155496, "activity_lines": [ 25.010214, 24.838786, 24.612538, 24.407312 ] }, { "date": "2024-12-20", "close": 24.821077, "volume": 6829, "typical_volume": 7098.9, "trend": 24.175565, "fair_value": 22.308626, "relative_strength": 3.804416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.126534, "energy": 70.081542, "activity_lines": [ 24.972319, 24.857257, 24.653732, 24.452278 ] }, { "date": "2024-12-27", "close": 24.78224, "volume": 3603, "typical_volume": 6888.85, "trend": 24.230288, "fair_value": 22.31248, "relative_strength": 2.496261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.334269, "energy": 53.918726, "activity_lines": [ 24.907375, 24.862123, 24.685548, 24.491418 ] }, { "date": "2025-01-03", "close": 24.825932, "volume": 2974, "typical_volume": 6788.65, "trend": 24.277661, "fair_value": 22.319238, "relative_strength": 2.793243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.939971, "energy": 37.161816, "activity_lines": [ 24.861437, 24.872227, 24.715914, 24.529847 ] }, { "date": "2025-01-10", "close": 24.588062, "volume": 12373, "typical_volume": 6993.85, "trend": 24.307742, "fair_value": 22.324875, "relative_strength": -0.881754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.004548, "energy": 22.735736, "activity_lines": [ 24.748907, 24.833059, 24.719405, 24.549873 ] }, { "date": "2025-01-17", "close": 24.937586, "volume": 6610, "typical_volume": 7001.8, "trend": 24.349632, "fair_value": 22.33405, "relative_strength": -2.605354, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.332928, "energy": 24.897284, "activity_lines": [ 24.793569, 24.851477, 24.75371, 24.590508 ] }, { "date": "2025-01-24", "close": 24.942442, "volume": 6537, "typical_volume": 6983.1, "trend": 24.391845, "fair_value": 22.344668, "relative_strength": -2.258768, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.793179, "energy": 28.581416, "activity_lines": [ 24.844056, 24.865944, 24.7845, 24.628754 ] }, { "date": "2025-01-31", "close": 25.185165, "volume": 3703, "typical_volume": 6687.15, "trend": 24.440393, "fair_value": 22.358226, "relative_strength": -1.907437, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.197499, "energy": 44.322273, "activity_lines": [ 24.96736, 24.91849, 24.833492, 24.679936 ] }, { "date": "2025-02-07", "close": 25.194874, "volume": 11515, "typical_volume": 7028.1, "trend": 24.482562, "fair_value": 22.371673, "relative_strength": -3.28098, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.802039, "energy": 59.17249, "activity_lines": [ 25.067039, 24.966687, 24.878821, 24.728612 ] }, { "date": "2025-02-14", "close": 25.214293, "volume": 3006, "typical_volume": 7122.8, "trend": 24.531603, "fair_value": 22.386196, "relative_strength": -5.413811, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.660312, "energy": 70.023606, "activity_lines": [ 25.148595, 25.01517, 24.921435, 24.77582 ] }, { "date": "2025-02-21", "close": 25.262838, "volume": 14761, "typical_volume": 7601.9, "trend": 24.584176, "fair_value": 22.401434, "relative_strength": -6.211939, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.755315, "energy": 75.234532, "activity_lines": [ 25.204584, 25.072188, 24.964994, 24.822997 ] }, { "date": "2025-02-28", "close": 25.131767, "volume": 14457, "typical_volume": 8268.8, "trend": 24.634294, "fair_value": 22.414851, "relative_strength": -7.144638, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.347232, "energy": 61.818352, "activity_lines": [ 25.195199, 25.100609, 24.99207, 24.858325 ] }, { "date": "2025-03-07", "close": 24.456991, "volume": 7153, "typical_volume": 8165.15, "trend": 24.662718, "fair_value": 22.426509, "relative_strength": -9.349838, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.254146, "energy": 11.79114, "activity_lines": [ 24.948266, 25.000695, 24.951688, 24.846886 ] }, { "date": "2025-03-14", "close": 24.335629, "volume": 2598, "typical_volume": 7920.9, "trend": 24.675927, "fair_value": 22.435688, "relative_strength": -9.827152, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -13.343103, "energy": 22.64007, "activity_lines": [ 24.709425, 24.884628, 24.900588, 24.825784 ] }, { "date": "2025-03-21", "close": 24.490971, "volume": 34303, "typical_volume": 9435.4, "trend": 24.690006, "fair_value": 22.446064, "relative_strength": -10.01275, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.910633, "energy": 37.147655, "activity_lines": [ 24.579648, 24.80572, 24.86504, 24.813851 ] }, { "date": "2025-03-28", "close": 24.369608, "volume": 4630, "typical_volume": 9277.3, "trend": 24.698923, "fair_value": 22.455201, "relative_strength": -9.665503, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.064174, "energy": 43.910813, "activity_lines": [ 24.457637, 24.706512, 24.816834, 24.79318 ] }, { "date": "2025-04-04", "close": 23.680267, "volume": 13941, "typical_volume": 8837.1, "trend": 24.691244, "fair_value": 22.460928, "relative_strength": -1.870516, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.639936, "energy": 79.084164, "activity_lines": [ 24.165395, 24.492295, 24.704415, 24.727461 ] }, { "date": "2025-04-11", "close": 23.219093, "volume": 17307, "typical_volume": 9327.9, "trend": 24.657821, "fair_value": 22.464478, "relative_strength": -2.015983, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.03032, "energy": 94.730603, "activity_lines": [ 23.816195, 24.217178, 24.5525, 24.632483 ] }, { "date": "2025-04-18", "close": 23.573471, "volume": 5560, "typical_volume": 9497.65, "trend": 24.635732, "fair_value": 22.472691, "relative_strength": -5.876288, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.796314, "energy": 89.77659, "activity_lines": [ 23.667648, 24.042239, 24.442096, 24.562525 ] }, { "date": "2025-04-25", "close": 23.922995, "volume": 3603, "typical_volume": 9274.75, "trend": 24.618433, "fair_value": 22.483319, "relative_strength": -7.906625, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.034252, "energy": 81.789765, "activity_lines": [ 23.686419, 23.96033, 24.371851, 24.516542 ] }, { "date": "2025-05-02", "close": 24.219118, "volume": 3496, "typical_volume": 8947.95, "trend": 24.611642, "fair_value": 22.498525, "relative_strength": -9.016872, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.437746, "energy": 54.933087, "activity_lines": [ 23.841762, 23.95574, 24.335882, 24.49078 ] }, { "date": "2025-05-09", "close": 24.296791, "volume": 8466, "typical_volume": 9029.8, "trend": 24.606164, "fair_value": 22.513941, "relative_strength": -11.010213, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.270774, "energy": 34.104745, "activity_lines": [ 24.03303, 23.984249, 24.311031, 24.470467 ] }, { "date": "2025-05-16", "close": 24.709425, "volume": 12518, "typical_volume": 9475.55, "trend": 24.608697, "fair_value": 22.533876, "relative_strength": -12.23451, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.169197, "energy": 22.926736, "activity_lines": [ 24.32074, 24.102964, 24.327976, 24.477129 ] }, { "date": "2025-05-23", "close": 24.398735, "volume": 8214, "typical_volume": 9737.55, "trend": 24.6055, "fair_value": 22.550263, "relative_strength": -10.604314, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.176033, "energy": 27.41167, "activity_lines": [ 24.405532, 24.1606, 24.315678, 24.463583 ] }, { "date": "2025-05-30", "close": 24.617188, "volume": 20179, "typical_volume": 10127.85, "trend": 24.617404, "fair_value": 22.567963, "relative_strength": -11.040371, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.628919, "energy": 22.856569, "activity_lines": [ 24.508124, 24.256808, 24.326219, 24.464337 ] }, { "date": "2025-06-06", "close": 24.719131, "volume": 8318, "typical_volume": 10213.25, "trend": 24.618983, "fair_value": 22.589517, "relative_strength": -11.641453, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.226462, "energy": 21.554125, "activity_lines": [ 24.598417, 24.369255, 24.34633, 24.4709 ] }, { "date": "2025-06-13", "close": 24.631754, "volume": 8376, "typical_volume": 10305.2, "trend": 24.619724, "fair_value": 22.61404, "relative_strength": -9.102322, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.538876, "energy": 23.113899, "activity_lines": [ 24.62625, 24.459461, 24.35916, 24.471724 ] }, { "date": "2025-06-20", "close": 24.590929, "volume": 4470, "typical_volume": 10343.55, "trend": 24.611126, "fair_value": 22.637806, "relative_strength": -8.556546, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.050671, "energy": 22.609681, "activity_lines": [ 24.618144, 24.524945, 24.369581, 24.469866 ] }, { "date": "2025-06-27", "close": 24.797741, "volume": 10947, "typical_volume": 10315.15, "trend": 24.603837, "fair_value": 22.661412, "relative_strength": -8.742343, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.446128, "energy": 33.477896, "activity_lines": [ 24.686876, 24.603088, 24.402529, 24.481906 ] }, { "date": "2025-07-04", "close": 24.832211, "volume": 2863, "typical_volume": 10308.0, "trend": 24.591634, "fair_value": 22.68244, "relative_strength": -8.154222, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.444806, "energy": 39.870418, "activity_lines": [ 24.740496, 24.665239, 24.44065, 24.49664 ] }, { "date": "2025-07-11", "close": 24.827284, "volume": 11101, "typical_volume": 10125.0, "trend": 24.585854, "fair_value": 22.703204, "relative_strength": -9.031327, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.620909, "energy": 46.679654, "activity_lines": [ 24.77814, 24.709963, 24.480122, 24.511843 ] }, { "date": "2025-07-18", "close": 24.930693, "volume": 10443, "typical_volume": 9924.3, "trend": 24.589507, "fair_value": 22.722765, "relative_strength": -8.988696, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.81664, "energy": 56.285538, "activity_lines": [ 24.843043, 24.762431, 24.531516, 24.53409 ] }, { "date": "2025-07-25", "close": 25.039021, "volume": 4575, "typical_volume": 9795.4, "trend": 24.598067, "fair_value": 22.741417, "relative_strength": -9.302476, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.076613, "energy": 70.565557, "activity_lines": [ 24.924126, 24.823069, 24.594184, 24.563091 ] }, { "date": "2025-08-01", "close": 25.0144, "volume": 5661, "typical_volume": 9948.55, "trend": 24.604349, "fair_value": 22.759271, "relative_strength": -7.321812, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.237721, "energy": 70.799335, "activity_lines": [ 24.967129, 24.873239, 24.651736, 24.589952 ] }, { "date": "2025-08-08", "close": 25.18182, "volume": 4348, "typical_volume": 8450.8, "trend": 24.624141, "fair_value": 22.777294, "relative_strength": -10.117152, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.184674, "energy": 86.167976, "activity_lines": [ 25.051496, 24.942654, 24.722001, 24.627208 ] }, { "date": "2025-08-15", "close": 25.309847, "volume": 6902, "typical_volume": 8564.4, "trend": 24.63655, "fair_value": 22.796575, "relative_strength": -11.510079, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.898572, "energy": 92.776868, "activity_lines": [ 25.15523, 25.025081, 24.801169, 24.671447 ] }, { "date": "2025-08-22", "close": 25.329542, "volume": 3729, "typical_volume": 8053.8, "trend": 24.649453, "fair_value": 22.817615, "relative_strength": -12.455143, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.258081, "energy": 91.650075, "activity_lines": [ 25.233359, 25.100349, 24.877735, 24.716156 ] }, { "date": "2025-08-29", "close": 25.26553, "volume": 5074, "typical_volume": 7442.15, "trend": 24.652132, "fair_value": 22.842149, "relative_strength": -10.105933, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.66444, "energy": 88.123818, "activity_lines": [ 25.26356, 25.151291, 24.940352, 24.755903 ] }, { "date": "2025-09-05", "close": 25.324619, "volume": 3764, "typical_volume": 7352.35, "trend": 24.656457, "fair_value": 22.866247, "relative_strength": -8.332329, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.126425, "energy": 88.849978, "activity_lines": [ 25.298357, 25.200711, 24.99885, 24.799289 ] }, { "date": "2025-09-12", "close": 25.590521, "volume": 12853, "typical_volume": 7814.85, "trend": 24.668998, "fair_value": 22.891553, "relative_strength": -9.137805, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.923543, "energy": 90.892803, "activity_lines": [ 25.401107, 25.288897, 25.074334, 24.859551 ] }, { "date": "2025-09-19", "close": 25.615141, "volume": 16942, "typical_volume": 8487.15, "trend": 24.680741, "fair_value": 22.922176, "relative_strength": -8.204358, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.294156, "energy": 86.301939, "activity_lines": [ 25.484817, 25.367772, 25.144223, 24.920593 ] }, { "date": "2025-09-26", "close": 25.600368, "volume": 6604, "typical_volume": 8394.05, "trend": 24.696361, "fair_value": 22.954337, "relative_strength": -8.700187, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.536598, "energy": 82.36693, "activity_lines": [ 25.543249, 25.429637, 25.206056, 24.979924 ] }, { "date": "2025-10-03", "close": 25.8318, "volume": 3798, "typical_volume": 7958.05, "trend": 24.742188, "fair_value": 22.986057, "relative_strength": -8.83195, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.984138, "energy": 87.250219, "activity_lines": [ 25.66077, 25.521404, 25.283723, 25.053178 ] }, { "date": "2025-10-10", "close": 25.812103, "volume": 9565, "typical_volume": 8025.6, "trend": 24.791404, "fair_value": 23.021266, "relative_strength": -6.006441, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.471611, "energy": 83.678847, "activity_lines": [ 25.733975, 25.595175, 25.35417, 25.122205 ] }, { "date": "2025-10-17", "close": 25.866268, "volume": 9979, "typical_volume": 7515.6, "trend": 24.837247, "fair_value": 23.056209, "relative_strength": -4.930273, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.675955, "energy": 72.302951, "activity_lines": [ 25.792735, 25.664291, 25.423045, 25.191551 ] }, { "date": "2025-10-24", "close": 26.068157, "volume": 3452, "typical_volume": 7272.3, "trend": 24.893865, "fair_value": 23.09029, "relative_strength": -5.579159, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.566196, "energy": 74.729334, "activity_lines": [ 25.900409, 25.75767, 25.505199, 25.270964 ] }, { "date": "2025-10-31", "close": 26.191259, "volume": 21625, "typical_volume": 7934.75, "trend": 24.977565, "fair_value": 23.126675, "relative_strength": -6.387365, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.587398, "energy": 74.730361, "activity_lines": [ 26.018916, 25.859644, 25.592654, 25.354667 ] }, { "date": "2025-11-07", "close": 25.920435, "volume": 9164, "typical_volume": 8169.45, "trend": 25.06761, "fair_value": 23.158439, "relative_strength": -6.451848, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.88586, "energy": 67.37093, "activity_lines": [ 26.007755, 25.896709, 25.646889, 25.415497 ] }, { "date": "2025-11-14", "close": 25.979523, "volume": 8254, "typical_volume": 8034.8, "trend": 25.147812, "fair_value": 23.190611, "relative_strength": -8.180419, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.875812, "energy": 65.583217, "activity_lines": [ 26.010381, 25.93261, 25.700421, 25.47433 ] }, { "date": "2025-11-21", "close": 25.787483, "volume": 4254, "typical_volume": 8104.35, "trend": 25.209961, "fair_value": 23.219279, "relative_strength": -5.623623, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.864128, "energy": 56.307693, "activity_lines": [ 25.937832, 25.921687, 25.730036, 25.5156 ] }, { "date": "2025-11-28", "close": 26.092779, "volume": 4779, "typical_volume": 7788.25, "trend": 25.272417, "fair_value": 23.249933, "relative_strength": -5.620914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.50635, "energy": 52.322666, "activity_lines": [ 25.972302, 25.962692, 25.784177, 25.572555 ] }, { "date": "2025-12-05", "close": 26.117399, "volume": 6386, "typical_volume": 7585.4, "trend": 25.333104, "fair_value": 23.281444, "relative_strength": -5.343738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.989961, "energy": 53.468087, "activity_lines": [ 26.013336, 25.999489, 25.834638, 25.62707 ] }, { "date": "2025-12-12", "close": 25.959827, "volume": 5473, "typical_volume": 7630.3, "trend": 25.374784, "fair_value": 23.314133, "relative_strength": -5.747597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.125177, "energy": 46.209799, "activity_lines": [ 26.00677, 25.998235, 25.86444, 25.667504 ] }, { "date": "2025-12-19", "close": 26.01, "volume": 5869, "typical_volume": 7640.7, "trend": 25.428492, "fair_value": 23.348352, "relative_strength": -7.758655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.219305, "energy": 46.388233, "activity_lines": [ 26.014303, 26.003776, 25.894636, 25.708486 ] }, { "date": "2025-12-26", "close": 26.059999, "volume": 2314, "typical_volume": 7539.0, "trend": 25.476586, "fair_value": 23.384039, "relative_strength": -6.866962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.641975, "energy": 44.745575, "activity_lines": [ 26.03647, 26.01481, 25.924853, 25.749228 ] }, { "date": "2026-01-02", "close": 26.1, "volume": 6952, "typical_volume": 7541.5, "trend": 25.522615, "fair_value": 23.417156, "relative_strength": -7.870819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.356336, "energy": 43.596251, "activity_lines": [ 26.053803, 26.029595, 25.954698, 25.789449 ] }, { "date": "2026-01-09", "close": 26.405001, "volume": 4875, "typical_volume": 7598.8, "trend": 25.581723, "fair_value": 23.450815, "relative_strength": -7.145301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.944856, "energy": 57.168213, "activity_lines": [ 26.172322, 26.099255, 26.009828, 25.846377 ] }, { "date": "2026-01-16", "close": 26.48, "volume": 20944, "typical_volume": 8392.3, "trend": 25.644692, "fair_value": 23.485278, "relative_strength": -6.730697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.451165, "energy": 76.957336, "activity_lines": [ 26.296667, 26.178665, 26.066979, 25.90433 ] }, { "date": "2026-01-23", "close": 26.299999, "volume": 16471, "typical_volume": 9027.65, "trend": 25.694768, "fair_value": 23.517468, "relative_strength": -5.063066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.150226, "energy": 68.944477, "activity_lines": [ 26.326333, 26.215173, 26.101205, 25.946608 ] }, { "date": "2026-01-30", "close": 26.299999, "volume": 8005, "typical_volume": 8785.25, "trend": 25.743694, "fair_value": 23.548657, "relative_strength": -6.182832, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.373659, "energy": 69.237434, "activity_lines": [ 26.336666, 26.245855, 26.130785, 25.985655 ] }, { "date": "2026-02-06", "close": 26.344999, "volume": 7597, "typical_volume": 8318.0, "trend": 25.794284, "fair_value": 23.580665, "relative_strength": -6.4305, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.444928, "energy": 51.5649, "activity_lines": [ 26.345999, 26.275401, 26.161273, 26.024449 ] }, { "date": "2026-02-13", "close": 26.465, "volume": 4199, "typical_volume": 8197.75, "trend": 25.845428, "fair_value": 23.614738, "relative_strength": -4.838845, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.739483, "energy": 52.191747, "activity_lines": [ 26.378999, 26.322178, 26.199714, 26.067721 ] }, { "date": "2026-02-20", "close": 26.635, "volume": 8781, "typical_volume": 8446.9, "trend": 25.898627, "fair_value": 23.651225, "relative_strength": -6.126048, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.333322, "energy": 60.896396, "activity_lines": [ 26.464666, 26.393545, 26.250228, 26.118661 ] }, { "date": "2026-02-27", "close": 26.705, "volume": 17974, "typical_volume": 8867.35, "trend": 25.954981, "fair_value": 23.688191, "relative_strength": -7.101426, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.288307, "energy": 81.847997, "activity_lines": [ 26.563333, 26.465363, 26.303584, 26.170685 ] }, { "date": "2026-03-06", "close": 26.440001, "volume": 7525, "typical_volume": 8744.65, "trend": 25.99692, "fair_value": 23.723959, "relative_strength": -1.544458, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.263907, "energy": 65.613746, "activity_lines": [ 26.546667, 26.476364, 26.32745, 26.201977 ] }, { "date": "2026-03-13", "close": 26.125, "volume": 9296, "typical_volume": 9036.85, "trend": 26.024092, "fair_value": 23.7565, "relative_strength": -2.956734, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.693255, "energy": 34.019571, "activity_lines": [ 26.415667, 26.423182, 26.318584, 26.21024 ] }, { "date": "2026-03-20", "close": 25.825001, "volume": 1764, "typical_volume": 8043.8, "trend": 26.040607, "fair_value": 23.78697, "relative_strength": -0.688775, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 0.495223, "energy": 11.92384, "activity_lines": [ 26.199334, 26.315, 26.280876, 26.197395 ] }, { "date": "2026-03-27", "close": 25.639999, "volume": 10615, "typical_volume": 8116.35, "trend": 26.053089, "fair_value": 23.816432, "relative_strength": -2.505692, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.633042, "energy": 43.591149, "activity_lines": [ 25.964, 26.183727, 26.227293, 26.17155 ] }, { "date": "2026-04-03", "close": 25.995001, "volume": 6349, "typical_volume": 8021.1, "trend": 26.075435, "fair_value": 23.846196, "relative_strength": -5.681556, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.704564, "energy": 37.812057, "activity_lines": [ 25.913334, 26.132273, 26.208855, 26.167802 ] }, { "date": "2026-04-10", "close": 26.309999, "volume": 4194, "typical_volume": 8018.1, "trend": 26.099418, "fair_value": 23.879039, "relative_strength": -8.137403, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.563892, "energy": 27.280448, "activity_lines": [ 26.015, 26.143636, 26.220343, 26.182935 ] }, { "date": "2026-04-17", "close": 26.73, "volume": 7939, "typical_volume": 8176.1, "trend": 26.13658, "fair_value": 23.914693, "relative_strength": -8.761664, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.686743, "energy": 19.109193, "activity_lines": [ 26.265333, 26.231182, 26.269343, 26.223618 ] }, { "date": "2026-04-24", "close": 26.295879, "volume": 3866, "typical_volume": 8050.1, "trend": 26.159764, "fair_value": 23.947917, "relative_strength": -7.696062, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.997287, "energy": 25.918702, "activity_lines": [ 26.330626, 26.232796, 26.273964, 26.233895 ] }, { "date": "2026-05-01", "close": 26.256449, "volume": 2805, "typical_volume": 7916.7, "trend": 26.173919, "fair_value": 23.980152, "relative_strength": -8.704076, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.806582, "energy": 29.927317, "activity_lines": [ 26.351384, 26.230316, 26.273979, 26.240133 ] }, { "date": "2026-05-08", "close": 26.576828, "volume": 5402, "typical_volume": 7893.35, "trend": 26.199409, "fair_value": 24.013617, "relative_strength": -9.319377, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.790976, "energy": 37.114904, "activity_lines": [ 26.437838, 26.29297, 26.303095, 26.266127 ] }, { "date": "2026-05-15", "close": 26.562042, "volume": 4306, "typical_volume": 7992.95, "trend": 26.222602, "fair_value": 24.047192, "relative_strength": -8.851346, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.325915, "energy": 47.060799, "activity_lines": [ 26.480575, 26.355266, 26.328103, 26.289523 ] }, { "date": "2026-05-22", "close": 26.734556, "volume": 9323, "typical_volume": 8111.5, "trend": 26.244815, "fair_value": 24.082846, "relative_strength": -8.760278, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.519291, "energy": 52.471458, "activity_lines": [ 26.564014, 26.446709, 26.36715, 26.322552 ] }, { "date": "2026-05-29", "close": 26.971146, "volume": 5352, "typical_volume": 8135.35, "trend": 26.270811, "fair_value": 24.118955, "relative_strength": -8.697744, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.11418, "energy": 66.955484, "activity_lines": [ 26.726012, 26.570085, 26.425708, 26.369412 ] }, { "date": "2026-06-05", "close": 26.862707, "volume": 1143, "typical_volume": 7145.3, "trend": 26.302221, "fair_value": 24.153075, "relative_strength": -8.592732, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.442832, "energy": 66.751021, "activity_lines": [ 26.806847, 26.652906, 26.471242, 26.407599 ] }, { "date": "2026-06-12", "close": 26.892282, "volume": 1771, "typical_volume": 6410.3, "trend": 26.332646, "fair_value": 24.186525, "relative_strength": -11.045103, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.336172, "energy": 68.973739, "activity_lines": [ 26.857122, 26.718874, 26.517771, 26.445667 ] }, { "date": "2026-06-19", "close": 27.129999, "volume": 3782, "typical_volume": 6199.15, "trend": 26.377396, "fair_value": 24.222724, "relative_strength": -12.228298, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.038698, "energy": 75.589446, "activity_lines": [ 26.965606, 26.811749, 26.584119, 26.49711 ] }, { "date": "2026-06-26", "close": 27.065001, "volume": 4480, "typical_volume": 6043.3, "trend": 26.409804, "fair_value": 24.258477, "relative_strength": -9.447178, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.647808, "energy": 70.422915, "activity_lines": [ 27.01456, 26.877896, 26.640325, 26.541471 ] }, { "date": "2026-07-03", "close": 27.145, "volume": 2833, "typical_volume": 5975.0, "trend": 26.444057, "fair_value": 24.295698, "relative_strength": -11.522367, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.556271, "energy": 72.391398, "activity_lines": [ 27.068151, 26.952498, 26.70072, 26.588903 ] }, { "date": "2026-07-10", "close": 27.09, "volume": 11301, "typical_volume": 6101.0, "trend": 26.48173, "fair_value": 24.331133, "relative_strength": -11.04958, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.00179, "energy": 58.67293, "activity_lines": [ 27.091819, 27.001662, 26.75264, 26.630577 ] }, { "date": "2026-07-17", "close": 26.924999, "volume": 5284, "typical_volume": 5466.5, "trend": 26.51223, "fair_value": 24.364823, "relative_strength": -10.046723, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.697198, "energy": 45.281762, "activity_lines": [ 27.045333, 27.005669, 26.786679, 26.659175 ] }, { "date": "2026-07-24", "close": 26.860001, "volume": 5722, "typical_volume": 5376.35, "trend": 26.538896, "fair_value": 24.397171, "relative_strength": -9.835855, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.58294, "energy": 35.37013, "activity_lines": [ 26.975, 26.991529, 26.813479, 26.681612 ] }, { "date": "2026-07-31", "close": 26.76, "volume": 15239, "typical_volume": 5673.5, "trend": 26.560896, "fair_value": 24.430581, "relative_strength": -10.470969, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.737622, "energy": 22.63469, "activity_lines": [ 26.889333, 26.953789, 26.828756, 26.695877 ] }, { "date": "2026-08-07", "close": 27.195, "volume": 8698, "typical_volume": 6020.2, "trend": 26.58723, "fair_value": 24.46639, "relative_strength": -11.336998, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.123585, "energy": 28.970765, "activity_lines": [ 26.969, 26.994678, 26.882437, 26.736787 ] } ], "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." } } }