{ "ticker": { "uuid": "74ece42c-ae67-4c0c-b9f7-886a00d453cf", "symbol": "XXSC", "name": "Xtrackers MSCI Europe Small Cap UCITS ETF 1C", "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": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 74.409, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.231, "architecture_energy": 77.04, "architecture_maturity": 35.042, "architecture_confidence": 75.483, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.92, "rotation_up": 71.72, "upward_expansion": 91.93, "deceleration": 42.73, "rotation_down": 15.95, "downward_expansion": 16.27 }, "activity_lines": [ 74.279332, 73.666363, 72.999714, 72.106903 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 75.769997, "trend_reference": 71.277333, "distance_from_trend": 0.063031, "trend_direction": "Improving", "fair_value": 61.527693, "distance_from_fair_value": 0.231478, "fair_value_direction": "Improving", "relative_strength": -5.925518, "relative_strength_direction": "Weakening", "price_momentum": 0.06899, "excess_performance": -0.101902, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063031, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03289, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.231478, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.026267, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.059255, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.003162, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.06899, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.61657, "read": "Demand-led" } ], "volume": { "latest": 12882, "relative_activity": 0.279998, "balance": 3.61657, "dry_up": 0.843848, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.020193, "annualized_volatility": 0.157411, "from_high_reference": -0.00237, "from_low_reference": 0.246832 }, "levels": { "trend_reference": 71.277333, "fair_value_reference": 61.527693, "structural_low": 60.77, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.002355, "positive_rate": 0.517241, "directional_follow_through": 0.517241, "median_excess_return": -0.006173, "regime_survival": 0.724138, "best_return": 0.064986, "worst_return": -0.097432, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.008557, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": -0.039208, "regime_survival": 0.363636, "best_return": 0.051342, "worst_return": -0.081136, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.057869, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.04889, "regime_survival": 0.333333, "best_return": 0.097489, "worst_return": -0.025347, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.062524, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.054164, "regime_survival": 0.5, "best_return": 0.165178, "worst_return": -0.1641, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.02546, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-02-14", "tenure": "Developing", "return": 0.04461, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.02014, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.045372, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.045555, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.02704, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-09-12", "tenure": "Established", "return": 0.029832, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-19", "end": "2025-10-24", "tenure": "Developing", "return": 0.027196, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-07", "tenure": "New", "return": -0.030869, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2025-12-26", "tenure": "Developing", "return": 0.034244, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-03-13", "tenure": "Developing", "return": -0.015089, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.043169, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.011568, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.066432, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 50.82, "volume": 2155, "typical_volume": 4643.7, "trend": 52.345, "fair_value": 53.697532, "relative_strength": -8.03067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -46.240338, "energy": 17.72411, "activity_lines": [ 52.046, 52.102546, 52.185333, 52.18 ] }, { "date": "2023-08-25", "close": 50.740002, "volume": 733, "typical_volume": 4531.1, "trend": 52.262333, "fair_value": 53.741571, "relative_strength": -9.191485, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.684538, "energy": 44.095163, "activity_lines": [ 51.493334, 51.860182, 52.045429, 52.076451 ] }, { "date": "2023-09-01", "close": 51.880001, "volume": 5566, "typical_volume": 4665.85, "trend": 52.19, "fair_value": 53.79891, "relative_strength": -8.204374, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.001482, "energy": 38.843856, "activity_lines": [ 51.462668, 51.867819, 52.015953, 52.051785 ] }, { "date": "2023-09-08", "close": 51.07, "volume": 2809, "typical_volume": 4301.95, "trend": 52.112667, "fair_value": 53.848494, "relative_strength": -7.903988, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.614627, "energy": 48.091179, "activity_lines": [ 51.263334, 51.706364, 51.911667, 51.979527 ] }, { "date": "2023-09-15", "close": 51.52, "volume": 5986, "typical_volume": 4514.3, "trend": 52.033333, "fair_value": 53.896795, "relative_strength": -8.768754, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.273162, "energy": 44.447361, "activity_lines": [ 51.321334, 51.637819, 51.855572, 51.94129 ] }, { "date": "2023-09-22", "close": 50.619999, "volume": 8787, "typical_volume": 4896.15, "trend": 51.947333, "fair_value": 53.95, "relative_strength": -9.03887, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.037165, "energy": 40.296604, "activity_lines": [ 51.126, 51.395091, 51.719238, 51.850107 ] }, { "date": "2023-09-29", "close": 50.360001, "volume": 6134, "typical_volume": 5154.0, "trend": 51.82, "fair_value": 53.991859, "relative_strength": -8.121386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.580741, "energy": 52.331497, "activity_lines": [ 50.857333, 51.136546, 51.567667, 51.747699 ] }, { "date": "2023-10-06", "close": 48.744999, "volume": 3803, "typical_volume": 5300.45, "trend": 51.694833, "fair_value": 54.015513, "relative_strength": -9.361171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.278563, "energy": 72.907455, "activity_lines": [ 50.075666, 50.63, 51.272524, 51.549312 ] }, { "date": "2023-10-13", "close": 48.764999, "volume": 18089, "typical_volume": 5539.5, "trend": 51.651666, "fair_value": 54.042628, "relative_strength": -10.339785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.071816, "energy": 81.726275, "activity_lines": [ 49.509666, 50.211727, 50.999262, 51.36029 ] }, { "date": "2023-10-20", "close": 47.060001, "volume": 2966, "typical_volume": 5505.25, "trend": 51.558, "fair_value": 54.062885, "relative_strength": -10.369024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.082883, "energy": 91.742737, "activity_lines": [ 48.529, 49.554636, 50.577595, 51.064054 ] }, { "date": "2023-10-27", "close": 46.5, "volume": 6710, "typical_volume": 5533.35, "trend": 51.381333, "fair_value": 54.096635, "relative_strength": -10.864969, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.39995, "energy": 94.896998, "activity_lines": [ 47.659, 48.889545, 50.129357, 50.737731 ] }, { "date": "2023-11-03", "close": 49.490002, "volume": 2351, "typical_volume": 5548.75, "trend": 51.326667, "fair_value": 54.131026, "relative_strength": -9.436197, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.297293, "energy": 79.608774, "activity_lines": [ 48.060334, 48.846637, 49.995119, 50.61571 ] }, { "date": "2023-11-10", "close": 49.220001, "volume": 9214, "typical_volume": 5674.65, "trend": 51.221667, "fair_value": 54.149455, "relative_strength": -9.068391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.932506, "energy": 53.862769, "activity_lines": [ 48.429668, 48.777364, 49.85231, 50.479796 ] }, { "date": "2023-11-17", "close": 51.23, "volume": 4498, "typical_volume": 5592.1, "trend": 51.189667, "fair_value": 54.17234, "relative_strength": -8.277909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.183591, "energy": 22.404172, "activity_lines": [ 49.437334, 49.12191, 49.907881, 50.480334 ] }, { "date": "2023-11-24", "close": 51.540001, "volume": 5399, "typical_volume": 5684.25, "trend": 51.152, "fair_value": 54.193333, "relative_strength": -7.223841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.166868, "energy": 22.888357, "activity_lines": [ 50.384001, 49.51991, 49.995119, 50.502936 ] }, { "date": "2023-12-01", "close": 52.360001, "volume": 13266, "typical_volume": 5916.75, "trend": 51.143333, "fair_value": 54.214615, "relative_strength": -6.997607, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 22.614907, "energy": 34.319463, "activity_lines": [ 51.305334, 50.066637, 50.157596, 50.580871 ] }, { "date": "2023-12-08", "close": 52.91, "volume": 4302, "typical_volume": 6031.05, "trend": 51.156667, "fair_value": 54.245737, "relative_strength": -7.178061, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.062314, "energy": 45.985122, "activity_lines": [ 52.019334, 50.681728, 50.372405, 50.69485 ] }, { "date": "2023-12-15", "close": 54.369999, "volume": 10223, "typical_volume": 6344.2, "trend": 51.204333, "fair_value": 54.275449, "relative_strength": -4.260592, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.552921, "energy": 70.349019, "activity_lines": [ 52.992, 51.515909, 50.726072, 50.902162 ] }, { "date": "2023-12-22", "close": 55.240002, "volume": 13276, "typical_volume": 6496.55, "trend": 51.322334, "fair_value": 54.308269, "relative_strength": -2.430623, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.867906, "energy": 77.145247, "activity_lines": [ 53.911334, 52.406001, 51.157977, 51.162527 ] }, { "date": "2023-12-29", "close": 55.130001, "volume": 757, "typical_volume": 6351.2, "trend": 51.404, "fair_value": 54.334872, "relative_strength": -2.381647, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.788396, "energy": 90.271864, "activity_lines": [ 54.526667, 53.158364, 51.567215, 51.408183 ] }, { "date": "2024-01-05", "close": 54.16, "volume": 6060, "typical_volume": 6546.45, "trend": 51.454667, "fair_value": 54.347051, "relative_strength": -4.133267, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.470029, "energy": 84.73267, "activity_lines": [ 54.579334, 53.587637, 51.870215, 51.58599 ] }, { "date": "2024-01-12", "close": 54.360001, "volume": 30763, "typical_volume": 8047.95, "trend": 51.497, "fair_value": 54.3625, "relative_strength": -3.63723, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.445093, "energy": 77.752704, "activity_lines": [ 54.578667, 53.914001, 52.176358, 51.773431 ] }, { "date": "2024-01-19", "close": 52.950001, "volume": 7284, "typical_volume": 8133.85, "trend": 51.572667, "fair_value": 54.366603, "relative_strength": -5.275698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.775015, "energy": 50.755278, "activity_lines": [ 54.011334, 53.895455, 52.330977, 51.867173 ] }, { "date": "2024-01-26", "close": 54.790001, "volume": 4469, "typical_volume": 8216.85, "trend": 51.676334, "fair_value": 54.390513, "relative_strength": -2.07671, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.356532, "energy": 47.671002, "activity_lines": [ 54.152001, 54.143637, 52.655739, 52.074742 ] }, { "date": "2024-02-02", "close": 54.139999, "volume": 13712, "typical_volume": 8603.15, "trend": 51.783, "fair_value": 54.394744, "relative_strength": -4.062851, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.319336, "energy": 39.907522, "activity_lines": [ 54.106, 54.20891, 52.900881, 52.233689 ] }, { "date": "2024-02-09", "close": 54.290001, "volume": 5370, "typical_volume": 8432.3, "trend": 51.847667, "fair_value": 54.39641, "relative_strength": -4.935092, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.03077, "energy": 37.837957, "activity_lines": [ 54.176, 54.254182, 53.147834, 52.395431 ] }, { "date": "2024-02-16", "close": 55.080002, "volume": 8652, "typical_volume": 8558.2, "trend": 51.921334, "fair_value": 54.402692, "relative_strength": -5.096893, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 71.50112, "energy": 57.119323, "activity_lines": [ 54.500668, 54.408001, 53.452548, 52.603968 ] }, { "date": "2024-02-23", "close": 54.939999, "volume": 3248, "typical_volume": 8530.45, "trend": 51.972667, "fair_value": 54.414551, "relative_strength": -7.860925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.233611, "energy": 59.868657, "activity_lines": [ 54.730667, 54.49691, 53.721453, 52.798721 ] }, { "date": "2024-03-01", "close": 55.459999, "volume": 28466, "typical_volume": 9049.3, "trend": 52.065334, "fair_value": 54.429744, "relative_strength": -7.389802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.760855, "energy": 65.266774, "activity_lines": [ 55.001333, 54.67, 54.010381, 53.02371 ] }, { "date": "2024-03-08", "close": 55.93, "volume": 7736, "typical_volume": 9287.8, "trend": 52.189, "fair_value": 54.434744, "relative_strength": -7.67495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.319035, "energy": 74.259637, "activity_lines": [ 55.384, 54.924546, 54.312191, 53.273043 ] }, { "date": "2024-03-15", "close": 55.889999, "volume": 20590, "typical_volume": 9981.8, "trend": 52.358, "fair_value": 54.438974, "relative_strength": -8.891932, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.441318, "energy": 77.111673, "activity_lines": [ 55.633999, 55.157273, 54.567953, 53.511817 ] }, { "date": "2024-03-22", "close": 56.43, "volume": 7189, "typical_volume": 10223.7, "trend": 52.547667, "fair_value": 54.445321, "relative_strength": -8.819203, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.741728, "energy": 82.053595, "activity_lines": [ 55.957333, 55.456727, 54.830429, 53.774527 ] }, { "date": "2024-03-29", "close": 57.189999, "volume": 16707, "typical_volume": 10598.35, "trend": 52.724667, "fair_value": 54.449103, "relative_strength": -8.412116, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.531235, "energy": 84.177153, "activity_lines": [ 56.443999, 55.856727, 55.132238, 54.074032 ] }, { "date": "2024-04-05", "close": 56.73, "volume": 11904, "typical_volume": 10968.65, "trend": 52.913334, "fair_value": 54.445705, "relative_strength": -6.964839, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.076452, "energy": 79.086894, "activity_lines": [ 56.627333, 56.096, 55.352286, 54.332441 ] }, { "date": "2024-04-12", "close": 56.439999, "volume": 11429, "typical_volume": 11270.15, "trend": 53.077334, "fair_value": 54.435064, "relative_strength": -6.555489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.729133, "energy": 61.067, "activity_lines": [ 56.629333, 56.247272, 55.518524, 54.559968 ] }, { "date": "2024-04-19", "close": 55.419998, "volume": 7356, "typical_volume": 10974.65, "trend": 53.237333, "fair_value": 54.42, "relative_strength": -8.428231, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.388899, "energy": 50.965439, "activity_lines": [ 56.257332, 56.171272, 55.564285, 54.711107 ] }, { "date": "2024-04-26", "close": 56.32, "volume": 5805, "typical_volume": 11049.8, "trend": 53.436, "fair_value": 54.410064, "relative_strength": -7.532508, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.343876, "energy": 40.780315, "activity_lines": [ 56.216666, 56.238363, 55.68119, 54.909989 ] }, { "date": "2024-05-03", "close": 57.240002, "volume": 22113, "typical_volume": 11644.3, "trend": 53.719167, "fair_value": 54.401859, "relative_strength": -4.056366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.096652, "energy": 48.142153, "activity_lines": [ 56.49, 56.450182, 55.869476, 55.155409 ] }, { "date": "2024-05-10", "close": 58.759998, "volume": 7387, "typical_volume": 11349.85, "trend": 54.052334, "fair_value": 54.408269, "relative_strength": -4.196752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.985924, "energy": 61.110568, "activity_lines": [ 57.266666, 56.896545, 56.188857, 55.480624 ] }, { "date": "2024-05-17", "close": 59.700001, "volume": 6374, "typical_volume": 11630.7, "trend": 54.473667, "fair_value": 54.417628, "relative_strength": -4.458153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.402583, "energy": 90.741901, "activity_lines": [ 58.221333, 57.453818, 56.581, 55.844989 ] }, { "date": "2024-05-24", "close": 59.98, "volume": 10695, "typical_volume": 11862.45, "trend": 54.923, "fair_value": 54.422756, "relative_strength": -1.271821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.542238, "energy": 93.761464, "activity_lines": [ 59.052, 57.993454, 56.978047, 56.200237 ] }, { "date": "2024-05-31", "close": 59.970001, "volume": 21187, "typical_volume": 11383.65, "trend": 55.272333, "fair_value": 54.424359, "relative_strength": -1.066964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.506055, "energy": 91.263903, "activity_lines": [ 59.575334, 58.456909, 57.346428, 56.525849 ] }, { "date": "2024-06-07", "close": 59.939999, "volume": 9116, "typical_volume": 11475.25, "trend": 55.629667, "fair_value": 54.424744, "relative_strength": -1.370587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.322582, "energy": 88.523548, "activity_lines": [ 59.845333, 58.850545, 57.685238, 56.826989 ] }, { "date": "2024-06-14", "close": 58.130001, "volume": 15514, "typical_volume": 12027.5, "trend": 55.859667, "fair_value": 54.422821, "relative_strength": 1.633284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.953126, "energy": 60.875619, "activity_lines": [ 59.332, 58.865091, 57.818381, 56.988301 ] }, { "date": "2024-06-21", "close": 58.599998, "volume": 8803, "typical_volume": 11782.05, "trend": 56.095, "fair_value": 54.419359, "relative_strength": 0.588223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.185943, "energy": 49.723866, "activity_lines": [ 59.017333, 58.939636, 57.980381, 57.165097 ] }, { "date": "2024-06-28", "close": 58.060001, "volume": 12445, "typical_volume": 12135.8, "trend": 56.285, "fair_value": 54.409551, "relative_strength": 0.214717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.824486, "energy": 32.404926, "activity_lines": [ 58.596, 58.876727, 58.069714, 57.291871 ] }, { "date": "2024-07-05", "close": 59.439999, "volume": 2272, "typical_volume": 11816.8, "trend": 56.502667, "fair_value": 54.407564, "relative_strength": 0.172818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.374135, "energy": 29.960939, "activity_lines": [ 58.762666, 59.016727, 58.272524, 57.495419 ] }, { "date": "2024-07-12", "close": 60.400002, "volume": 4541, "typical_volume": 11881.45, "trend": 56.703667, "fair_value": 54.415769, "relative_strength": 0.133154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.522377, "energy": 45.734831, "activity_lines": [ 59.284667, 59.274546, 58.546, 57.74686 ] }, { "date": "2024-07-19", "close": 59.599998, "volume": 11888, "typical_volume": 11052.55, "trend": 56.849, "fair_value": 54.410641, "relative_strength": -0.03948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.982334, "energy": 44.105912, "activity_lines": [ 59.509333, 59.329454, 58.717286, 57.93372 ] }, { "date": "2024-07-26", "close": 59.73, "volume": 184137, "typical_volume": 19872.6, "trend": 57.002333, "fair_value": 54.403269, "relative_strength": 1.424377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.452165, "energy": 47.121267, "activity_lines": [ 59.679333, 59.392727, 58.881238, 58.119591 ] }, { "date": "2024-08-02", "close": 57.869999, "volume": 16809, "typical_volume": 19683.55, "trend": 57.126, "fair_value": 54.377756, "relative_strength": 3.809392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.215027, "energy": 30.905566, "activity_lines": [ 59.153999, 59.117272, 58.849952, 58.17557 ] }, { "date": "2024-08-09", "close": 57.610001, "volume": 26864, "typical_volume": 20667.3, "trend": 57.234333, "fair_value": 54.346346, "relative_strength": 4.152976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.744819, "energy": 13.529047, "activity_lines": [ 58.554667, 58.832909, 58.784476, 58.206796 ] }, { "date": "2024-08-16", "close": 58.779999, "volume": 4965, "typical_volume": 20080.2, "trend": 57.428666, "fair_value": 54.327436, "relative_strength": 2.277217, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.639442, "energy": 14.351584, "activity_lines": [ 58.467333, 58.804182, 58.824809, 58.306516 ] }, { "date": "2024-08-23", "close": 59.779999, "volume": 3828, "typical_volume": 19676.4, "trend": 57.595, "fair_value": 54.307628, "relative_strength": 2.159847, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.290481, "energy": 21.140497, "activity_lines": [ 58.821333, 58.978363, 58.952809, 58.458215 ] }, { "date": "2024-08-30", "close": 60.169998, "volume": 1338, "typical_volume": 19171.85, "trend": 57.796, "fair_value": 54.285962, "relative_strength": 0.730676, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.956178, "energy": 28.353673, "activity_lines": [ 59.293332, 59.193454, 59.103428, 58.624344 ] }, { "date": "2024-09-06", "close": 58.139999, "volume": 5500, "typical_volume": 19079.05, "trend": 57.924333, "fair_value": 54.256859, "relative_strength": 0.565182, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.336263, "energy": 16.930046, "activity_lines": [ 59.059332, 59.010908, 59.042952, 58.646537 ] }, { "date": "2024-09-13", "close": 59.380001, "volume": 3882, "typical_volume": 18982.9, "trend": 58.067666, "fair_value": 54.240449, "relative_strength": 1.878332, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.319561, "energy": 23.904968, "activity_lines": [ 59.220666, 59.052363, 59.087619, 58.740451 ] }, { "date": "2024-09-20", "close": 59.619999, "volume": 53706, "typical_volume": 20562.55, "trend": 58.223666, "fair_value": 54.225577, "relative_strength": 1.708552, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.059486, "energy": 23.242361, "activity_lines": [ 59.343999, 59.138545, 59.140571, 58.840602 ] }, { "date": "2024-09-27", "close": 61.080002, "volume": 7522, "typical_volume": 20569.3, "trend": 58.411, "fair_value": 54.231731, "relative_strength": 1.330933, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.835359, "energy": 40.397853, "activity_lines": [ 59.898, 59.504363, 59.321238, 59.024881 ] }, { "date": "2024-10-04", "close": 59.98, "volume": 35345, "typical_volume": 22017.85, "trend": 58.546, "fair_value": 54.232949, "relative_strength": 2.824742, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.350253, "energy": 45.178022, "activity_lines": [ 59.998667, 59.643273, 59.386095, 59.126107 ] }, { "date": "2024-10-11", "close": 59.66, "volume": 8915, "typical_volume": 21928.85, "trend": 58.671666, "fair_value": 54.218205, "relative_strength": 0.134375, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.934683, "energy": 41.705954, "activity_lines": [ 60.005334, 59.719455, 59.419143, 59.197978 ] }, { "date": "2024-10-18", "close": 60.110001, "volume": 12897, "typical_volume": 21514.35, "trend": 58.794333, "fair_value": 54.203782, "relative_strength": -1.664269, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.376096, "energy": 41.184473, "activity_lines": [ 60.060667, 59.844909, 59.496571, 59.290774 ] }, { "date": "2024-10-25", "close": 59.310001, "volume": 4580, "typical_volume": 21287.55, "trend": 58.865, "fair_value": 54.183782, "relative_strength": -1.780368, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.614296, "energy": 21.892549, "activity_lines": [ 59.800667, 59.779455, 59.497143, 59.324043 ] }, { "date": "2024-11-01", "close": 58.25, "volume": 9959, "typical_volume": 21009.8, "trend": 58.915667, "fair_value": 54.151154, "relative_strength": -3.208211, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.950398, "energy": 9.530753, "activity_lines": [ 59.208, 59.511637, 59.399762, 59.284366 ] }, { "date": "2024-11-08", "close": 58.419998, "volume": 11571, "typical_volume": 21148.2, "trend": 58.981666, "fair_value": 54.11718, "relative_strength": -0.460743, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.303763, "energy": 18.877181, "activity_lines": [ 58.860666, 59.302545, 59.318, 59.252387 ] }, { "date": "2024-11-15", "close": 58.02, "volume": 9654, "typical_volume": 21008.65, "trend": 59.068333, "fair_value": 54.081731, "relative_strength": -2.183321, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.149954, "energy": 30.281588, "activity_lines": [ 58.484, 59.052545, 59.199, 59.190344 ] }, { "date": "2024-11-22", "close": 58.130001, "volume": 13863, "typical_volume": 21588.2, "trend": 59.128667, "fair_value": 54.067628, "relative_strength": 0.058849, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.265325, "energy": 45.046174, "activity_lines": [ 58.253333, 58.824727, 59.090667, 59.129806 ] }, { "date": "2024-11-29", "close": 58.529999, "volume": 12922, "typical_volume": 22007.25, "trend": 59.171667, "fair_value": 54.059295, "relative_strength": 0.986241, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.581781, "energy": 50.644919, "activity_lines": [ 58.288, 58.692364, 59.026667, 59.091183 ] }, { "date": "2024-12-06", "close": 59.610001, "volume": 9786, "typical_volume": 21902.15, "trend": 59.2, "fair_value": 54.051731, "relative_strength": -1.074312, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -38.500466, "energy": 22.146177, "activity_lines": [ 58.734667, 58.776182, 59.074429, 59.119462 ] }, { "date": "2024-12-13", "close": 59.18, "volume": 12549, "typical_volume": 13322.75, "trend": 59.182667, "fair_value": 54.045, "relative_strength": -2.077357, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.22319, "energy": 12.963486, "activity_lines": [ 58.947334, 58.808546, 59.081191, 59.118172 ] }, { "date": "2024-12-20", "close": 57.75, "volume": 9329, "typical_volume": 12948.75, "trend": 59.108333, "fair_value": 54.019295, "relative_strength": -1.145168, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.037404, "energy": 20.254651, "activity_lines": [ 58.632667, 58.595455, 58.954381, 59.025742 ] }, { "date": "2024-12-27", "close": 58.209999, "volume": 1978, "typical_volume": 11704.45, "trend": 59.049666, "fair_value": 53.98891, "relative_strength": -1.386742, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.242022, "energy": 22.226776, "activity_lines": [ 58.489333, 58.500727, 58.871952, 58.967785 ] }, { "date": "2025-01-03", "close": 58.560001, "volume": 1726, "typical_volume": 11542.5, "trend": 59.003667, "fair_value": 53.964295, "relative_strength": -0.627888, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.591452, "energy": 29.365166, "activity_lines": [ 58.457333, 58.504182, 58.82, 58.936194 ] }, { "date": "2025-01-10", "close": 57.380001, "volume": 9458, "typical_volume": 11824.0, "trend": 58.978667, "fair_value": 53.940321, "relative_strength": -5.142512, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.239214, "energy": 52.796102, "activity_lines": [ 58.03, 58.306728, 58.656714, 58.831441 ] }, { "date": "2025-01-17", "close": 58.880001, "volume": 4956, "typical_volume": 12004.9, "trend": 58.988, "fair_value": 53.935385, "relative_strength": -5.692865, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.533779, "energy": 29.586656, "activity_lines": [ 58.251334, 58.397819, 58.647715, 58.825075 ] }, { "date": "2025-01-24", "close": 59.380001, "volume": 5010, "typical_volume": 11980.4, "trend": 59.032, "fair_value": 53.943397, "relative_strength": -4.5419, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.296463, "energy": 9.610271, "activity_lines": [ 58.659334, 58.571455, 58.692477, 58.850366 ] }, { "date": "2025-01-31", "close": 60.82, "volume": 6545, "typical_volume": 12113.55, "trend": 59.078, "fair_value": 53.962692, "relative_strength": -2.850291, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.718574, "energy": 23.704354, "activity_lines": [ 59.438667, 58.982182, 58.868476, 58.965721 ] }, { "date": "2025-02-07", "close": 60.880001, "volume": 16396, "typical_volume": 10248.05, "trend": 59.094, "fair_value": 53.977628, "relative_strength": -4.180108, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.154623, "energy": 39.699362, "activity_lines": [ 60.064001, 59.35491, 59.043334, 59.081979 ] }, { "date": "2025-02-14", "close": 61.82, "volume": 23110, "typical_volume": 11027.45, "trend": 59.168, "fair_value": 54.00891, "relative_strength": -4.947645, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 78.275372, "energy": 77.408289, "activity_lines": [ 60.848, 59.855819, 59.301715, 59.25785 ] }, { "date": "2025-02-21", "close": 61.57, "volume": 12380, "typical_volume": 9879.2, "trend": 59.229333, "fair_value": 54.045513, "relative_strength": -6.341998, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.279677, "energy": 79.294597, "activity_lines": [ 61.252667, 60.271091, 59.532762, 59.412817 ] }, { "date": "2025-02-28", "close": 61.040001, "volume": 16239, "typical_volume": 10245.4, "trend": 59.335, "fair_value": 54.104359, "relative_strength": -7.601381, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.370475, "energy": 73.890831, "activity_lines": [ 61.301334, 60.546546, 59.705762, 59.529635 ] }, { "date": "2025-03-07", "close": 61.119999, "volume": 28634, "typical_volume": 11032.25, "trend": 59.452, "fair_value": 54.149936, "relative_strength": -7.237036, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.465006, "energy": 64.371325, "activity_lines": [ 61.266, 60.776728, 59.87981, 59.644796 ] }, { "date": "2025-03-14", "close": 60.59, "volume": 7842, "typical_volume": 11195.35, "trend": 59.512333, "fair_value": 54.172821, "relative_strength": -8.106865, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.084728, "energy": 39.243802, "activity_lines": [ 61.034, 60.857637, 59.998572, 59.718215 ] }, { "date": "2025-03-21", "close": 61.150002, "volume": 10887, "typical_volume": 11241.75, "trend": 59.558, "fair_value": 54.201603, "relative_strength": -8.083373, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.811385, "energy": 35.663266, "activity_lines": [ 61.008001, 61.003455, 60.164572, 59.823871 ] }, { "date": "2025-03-28", "close": 60.330002, "volume": 11010, "typical_volume": 11213.7, "trend": 59.563334, "fair_value": 54.222115, "relative_strength": -8.529444, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.115179, "energy": 24.430112, "activity_lines": [ 60.753334, 60.931637, 60.238667, 59.873678 ] }, { "date": "2025-04-04", "close": 54.880001, "volume": 15550, "typical_volume": 11508.5, "trend": 59.454667, "fair_value": 54.208974, "relative_strength": -6.882231, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -29.571172, "energy": 29.362411, "activity_lines": [ 58.764668, 59.842546, 59.78462, 59.571527 ] }, { "date": "2025-04-11", "close": 54.740002, "volume": 12069, "typical_volume": 11418.8, "trend": 59.3, "fair_value": 54.193526, "relative_strength": -5.357407, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.53756, "energy": 50.624221, "activity_lines": [ 57.140002, 58.809819, 59.332191, 59.267355 ] }, { "date": "2025-04-18", "close": 57.369999, "volume": 9168, "typical_volume": 11231.1, "trend": 59.225, "fair_value": 54.197885, "relative_strength": -6.149879, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -48.451126, "energy": 55.352591, "activity_lines": [ 56.817334, 58.365819, 59.146382, 59.142839 ] }, { "date": "2025-04-25", "close": 58.830002, "volume": 19532, "typical_volume": 11718.4, "trend": 59.15, "fair_value": 54.217436, "relative_strength": -7.213895, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.179315, "energy": 51.57766, "activity_lines": [ 57.196001, 58.251092, 59.105144, 59.117355 ] }, { "date": "2025-05-02", "close": 61.509998, "volume": 95622, "typical_volume": 15872.05, "trend": 59.201, "fair_value": 54.273269, "relative_strength": -5.363257, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 9.930785, "energy": 12.737094, "activity_lines": [ 58.622667, 58.678, 59.322858, 59.269613 ] }, { "date": "2025-05-09", "close": 62.130001, "volume": 45443, "typical_volume": 17677.75, "trend": 59.283334, "fair_value": 54.333013, "relative_strength": -6.815302, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.066923, "energy": 27.522646, "activity_lines": [ 60.177334, 59.218728, 59.588524, 59.458581 ] }, { "date": "2025-05-16", "close": 63.810001, "volume": 5688, "typical_volume": 17863.25, "trend": 59.406667, "fair_value": 54.400898, "relative_strength": -7.19956, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.505611, "energy": 53.150644, "activity_lines": [ 61.808667, 60.045092, 59.993334, 59.750624 ] }, { "date": "2025-05-23", "close": 63.689999, "volume": 14705, "typical_volume": 18512.2, "trend": 59.552667, "fair_value": 54.458141, "relative_strength": -4.466518, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.630776, "energy": 68.954547, "activity_lines": [ 62.795333, 60.800728, 60.360048, 60.026968 ] }, { "date": "2025-05-30", "close": 64.620003, "volume": 18741, "typical_volume": 18976.35, "trend": 59.765, "fair_value": 54.523974, "relative_strength": -4.41345, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.896914, "energy": 79.630975, "activity_lines": [ 63.670668, 61.669092, 60.790905, 60.353893 ] }, { "date": "2025-06-06", "close": 65.059998, "volume": 4026, "typical_volume": 18929.85, "trend": 59.986334, "fair_value": 54.606987, "relative_strength": -4.8455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.637722, "energy": 81.604942, "activity_lines": [ 64.306667, 62.554364, 61.229191, 60.695506 ] }, { "date": "2025-06-13", "close": 64.339996, "volume": 10291, "typical_volume": 19193.9, "trend": 60.197, "fair_value": 54.703333, "relative_strength": -2.959398, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.029756, "energy": 74.334145, "activity_lines": [ 64.465999, 63.222727, 61.569476, 60.976387 ] }, { "date": "2025-06-20", "close": 63.84, "volume": 9085, "typical_volume": 19320.9, "trend": 60.387334, "fair_value": 54.793718, "relative_strength": -3.05663, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.493406, "energy": 59.821179, "activity_lines": [ 64.311332, 63.628181, 61.838524, 61.21142 ] }, { "date": "2025-06-27", "close": 65.419998, "volume": 17416, "typical_volume": 19371.9, "trend": 60.617, "fair_value": 54.903269, "relative_strength": -1.816461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.208975, "energy": 52.68635, "activity_lines": [ 64.681332, 64.155454, 62.243666, 61.536108 ] }, { "date": "2025-07-04", "close": 64.980003, "volume": 21264, "typical_volume": 19279.6, "trend": 60.796, "fair_value": 54.999647, "relative_strength": -2.059165, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.171379, "energy": 51.625968, "activity_lines": [ 64.789333, 64.456363, 62.585286, 61.817592 ] }, { "date": "2025-07-11", "close": 65.82, "volume": 29189, "typical_volume": 20120.05, "trend": 61.017334, "fair_value": 55.106731, "relative_strength": -1.804187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.220771, "energy": 73.201441, "activity_lines": [ 65.153333, 64.798182, 62.991857, 62.141721 ] }, { "date": "2025-07-18", "close": 66.160004, "volume": 18594, "typical_volume": 20237.8, "trend": 61.297667, "fair_value": 55.199615, "relative_strength": -1.756156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.114014, "energy": 83.787356, "activity_lines": [ 65.580002, 65.123455, 63.410572, 62.473506 ] }, { "date": "2025-07-25", "close": 66.279999, "volume": 29218, "typical_volume": 20267.0, "trend": 61.566667, "fair_value": 55.284167, "relative_strength": -2.422262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.215188, "energy": 84.676384, "activity_lines": [ 65.925334, 65.397273, 63.816334, 62.794947 ] }, { "date": "2025-08-01", "close": 64.580002, "volume": 29870, "typical_volume": 21368.4, "trend": 61.767334, "fair_value": 55.360192, "relative_strength": -2.847794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.665808, "energy": 69.520668, "activity_lines": [ 65.541335, 65.317092, 64.035619, 62.989355 ] }, { "date": "2025-08-08", "close": 65.93, "volume": 10995, "typical_volume": 21373.8, "trend": 62.052334, "fair_value": 55.438013, "relative_strength": -4.570223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.018818, "energy": 55.268118, "activity_lines": [ 65.663334, 65.466182, 64.364477, 63.257914 ] }, { "date": "2025-08-15", "close": 65.870003, "volume": 2796, "typical_volume": 20963.1, "trend": 62.285334, "fair_value": 55.526026, "relative_strength": -6.705677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.419733, "energy": 52.044631, "activity_lines": [ 65.702002, 65.580547, 64.664858, 63.504216 ] }, { "date": "2025-08-22", "close": 66.959999, "volume": 14236, "typical_volume": 20897.4, "trend": 62.538, "fair_value": 55.633077, "relative_strength": -6.347601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.932767, "energy": 56.866434, "activity_lines": [ 66.100667, 65.878365, 65.042667, 63.805807 ] }, { "date": "2025-08-29", "close": 65.470001, "volume": 35505, "typical_volume": 22069.2, "trend": 62.693, "fair_value": 55.738494, "relative_strength": -5.795791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.711706, "energy": 49.785061, "activity_lines": [ 65.949334, 65.857637, 65.221048, 63.994968 ] }, { "date": "2025-09-05", "close": 64.870003, "volume": 6705, "typical_volume": 21946.05, "trend": 62.826001, "fair_value": 55.835192, "relative_strength": -5.132524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.120176, "energy": 36.698219, "activity_lines": [ 65.652001, 65.698183, 65.291191, 64.13542 ] }, { "date": "2025-09-12", "close": 65.589996, "volume": 10661, "typical_volume": 21502.5, "trend": 62.951667, "fair_value": 55.931154, "relative_strength": -5.987522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.812541, "energy": 32.550509, "activity_lines": [ 65.575333, 65.679637, 65.394191, 64.313742 ] }, { "date": "2025-09-19", "close": 65.449997, "volume": 11438, "typical_volume": 17293.3, "trend": 63.081, "fair_value": 56.062756, "relative_strength": -5.381857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.484735, "energy": 21.952603, "activity_lines": [ 65.474665, 65.624545, 65.451667, 64.474925 ] }, { "date": "2025-09-26", "close": 65.029999, "volume": 3988, "typical_volume": 15220.55, "trend": 63.214, "fair_value": 56.197244, "relative_strength": -6.467879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.660085, "energy": 19.066311, "activity_lines": [ 65.261999, 65.499818, 65.450381, 64.600667 ] }, { "date": "2025-10-03", "close": 66.660004, "volume": 6746, "typical_volume": 15273.45, "trend": 63.398667, "fair_value": 56.341186, "relative_strength": -5.206553, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.623181, "energy": 34.132125, "activity_lines": [ 65.721333, 65.692, 65.590524, 64.82299 ] }, { "date": "2025-10-10", "close": 65.760002, "volume": 10769, "typical_volume": 15076.65, "trend": 63.571, "fair_value": 56.478013, "relative_strength": -3.595782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.571045, "energy": 28.708044, "activity_lines": [ 65.801334, 65.713637, 65.631381, 64.975334 ] }, { "date": "2025-10-17", "close": 65.459999, "volume": 7503, "typical_volume": 14514.75, "trend": 63.714667, "fair_value": 56.61, "relative_strength": -3.208646, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.554868, "energy": 25.840187, "activity_lines": [ 65.722001, 65.659273, 65.63381, 65.097205 ] }, { "date": "2025-10-24", "close": 67.230003, "volume": 3047, "typical_volume": 14465.8, "trend": 63.944667, "fair_value": 56.739327, "relative_strength": -2.154085, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.737426, "energy": 41.699975, "activity_lines": [ 66.241335, 65.935273, 65.80081, 65.324 ] }, { "date": "2025-10-31", "close": 66.410004, "volume": 9253, "typical_volume": 14413.9, "trend": 64.329, "fair_value": 56.860064, "relative_strength": -4.727166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.660573, "energy": 35.21331, "activity_lines": [ 66.368669, 66.037456, 65.879382, 65.483054 ] }, { "date": "2025-11-07", "close": 64.360001, "volume": 43311, "typical_volume": 16125.2, "trend": 64.649667, "fair_value": 56.946987, "relative_strength": -6.862368, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.43086, "energy": 10.726075, "activity_lines": [ 65.720669, 65.77691, 65.752858, 65.485055 ] }, { "date": "2025-11-14", "close": 65.120003, "volume": 9451, "typical_volume": 15726.95, "trend": 64.908001, "fair_value": 57.044359, "relative_strength": -7.830903, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.386627, "energy": 6.957781, "activity_lines": [ 65.479336, 65.674729, 65.696239, 65.515399 ] }, { "date": "2025-11-21", "close": 63.810001, "volume": 13791, "typical_volume": 15353.3, "trend": 65.074001, "fair_value": 57.126795, "relative_strength": -6.59491, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.690902, "energy": 23.031741, "activity_lines": [ 64.844002, 65.32982, 65.516287, 65.44456 ] }, { "date": "2025-11-28", "close": 66.279999, "volume": 19294, "typical_volume": 14858.55, "trend": 65.233001, "fair_value": 57.223526, "relative_strength": -4.278298, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.027, "energy": 12.767186, "activity_lines": [ 65.142001, 65.466365, 65.577144, 65.522366 ] }, { "date": "2025-12-05", "close": 66.279999, "volume": 15380, "typical_volume": 14697.85, "trend": 65.371334, "fair_value": 57.32609, "relative_strength": -4.227405, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.920017, "energy": 11.856183, "activity_lines": [ 65.503333, 65.587819, 65.63581, 65.589915 ] }, { "date": "2025-12-12", "close": 66.0, "volume": 6987, "typical_volume": 13586.3, "trend": 65.444334, "fair_value": 57.436859, "relative_strength": -4.60287, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.90702, "energy": 13.70341, "activity_lines": [ 65.78, 65.635637, 65.667239, 65.630474 ] }, { "date": "2025-12-19", "close": 66.910004, "volume": 7476, "typical_volume": 12466.6, "trend": 65.551667, "fair_value": 57.552019, "relative_strength": -5.729986, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.382173, "energy": 34.31696, "activity_lines": [ 66.250668, 65.86091, 65.786668, 65.725033 ] }, { "date": "2025-12-26", "close": 67.349998, "volume": 10238, "typical_volume": 12428.75, "trend": 65.642667, "fair_value": 57.671475, "relative_strength": -4.564178, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.302952, "energy": 52.999544, "activity_lines": [ 66.748667, 66.145273, 65.936906, 65.841055 ] }, { "date": "2026-01-02", "close": 68.260002, "volume": 22406, "typical_volume": 13409.25, "trend": 65.749334, "fair_value": 57.781731, "relative_strength": -4.664625, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.002825, "energy": 69.064656, "activity_lines": [ 67.314001, 66.560728, 66.167049, 66.009915 ] }, { "date": "2026-01-09", "close": 70.129997, "volume": 13164, "typical_volume": 13355.65, "trend": 65.942334, "fair_value": 57.897244, "relative_strength": -2.671874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.522509, "energy": 83.063314, "activity_lines": [ 68.370666, 67.297455, 66.563905, 66.292538 ] }, { "date": "2026-01-16", "close": 70.620003, "volume": 15427, "typical_volume": 12351.75, "trend": 66.168334, "fair_value": 58.013782, "relative_strength": -2.067718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.111953, "energy": 89.101467, "activity_lines": [ 69.334001, 68.055637, 66.992334, 66.594323 ] }, { "date": "2026-01-23", "close": 70.730003, "volume": 20513, "typical_volume": 13042.15, "trend": 66.345334, "fair_value": 58.126026, "relative_strength": 0.279341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.459261, "energy": 89.503146, "activity_lines": [ 70.026001, 68.720001, 67.406715, 66.888625 ] }, { "date": "2026-01-30", "close": 70.540001, "volume": 14564, "typical_volume": 13237.3, "trend": 66.530668, "fair_value": 58.231731, "relative_strength": -1.374299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.188023, "energy": 87.819742, "activity_lines": [ 70.400001, 69.247819, 67.775096, 67.159248 ] }, { "date": "2026-02-06", "close": 70.879997, "volume": 43196, "typical_volume": 14825.2, "trend": 66.699334, "fair_value": 58.343846, "relative_strength": -1.536963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.252727, "energy": 87.634345, "activity_lines": [ 70.674667, 69.715091, 68.152286, 67.43985 ] }, { "date": "2026-02-13", "close": 70.889999, "volume": 21407, "typical_volume": 15696.15, "trend": 66.857001, "fair_value": 58.452757, "relative_strength": -0.474105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.104049, "energy": 79.370345, "activity_lines": [ 70.778, 70.100546, 68.504572, 67.710216 ] }, { "date": "2026-02-20", "close": 71.739998, "volume": 30113, "typical_volume": 16864.5, "trend": 67.039001, "fair_value": 58.571603, "relative_strength": -1.467954, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.774209, "energy": 77.768619, "activity_lines": [ 71.113999, 70.556727, 68.909905, 68.025248 ] }, { "date": "2026-02-27", "close": 72.050003, "volume": 181250, "typical_volume": 25388.55, "trend": 67.288001, "fair_value": 58.686154, "relative_strength": -2.523675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.656911, "energy": 79.362519, "activity_lines": [ 71.478667, 70.964909, 69.320572, 68.348538 ] }, { "date": "2026-03-06", "close": 69.080002, "volume": 35282, "typical_volume": 26777.5, "trend": 67.393001, "fair_value": 58.792436, "relative_strength": -0.045335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.933048, "energy": 51.283911, "activity_lines": [ 70.765334, 70.739637, 69.418429, 68.464151 ] }, { "date": "2026-03-13", "close": 67.230003, "volume": 93328, "typical_volume": 31291.55, "trend": 67.438334, "fair_value": 58.9025, "relative_strength": -3.024273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.258285, "energy": 19.756573, "activity_lines": [ 69.532668, 70.146546, 69.322858, 68.453635 ] }, { "date": "2026-03-20", "close": 64.629997, "volume": 236733, "typical_volume": 42665.55, "trend": 67.360667, "fair_value": 58.997116, "relative_strength": -3.494061, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -8.179208, "energy": 26.04447, "activity_lines": [ 67.676667, 69.099455, 68.979667, 68.272452 ] }, { "date": "2026-03-27", "close": 65.029999, "volume": 315583, "typical_volume": 56279.15, "trend": 67.346001, "fair_value": 59.081923, "relative_strength": -4.032331, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.076899, "energy": 41.726531, "activity_lines": [ 66.371333, 68.225091, 68.683048, 68.122086 ] }, { "date": "2026-04-03", "close": 67.419998, "volume": 67422, "typical_volume": 59177.7, "trend": 67.431, "fair_value": 59.186346, "relative_strength": -5.279346, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.756149, "energy": 35.94471, "activity_lines": [ 66.309999, 67.886909, 68.610857, 68.12686 ] }, { "date": "2026-04-10", "close": 70.019997, "volume": 34247, "typical_volume": 60200.5, "trend": 67.578667, "fair_value": 59.299487, "relative_strength": -5.565436, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.947547, "energy": 19.265778, "activity_lines": [ 67.423998, 68.081635, 68.775333, 68.293893 ] }, { "date": "2026-04-17", "close": 72.629997, "volume": 54881, "typical_volume": 61979.85, "trend": 67.818, "fair_value": 59.430513, "relative_strength": -4.443205, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.193689, "energy": 25.925302, "activity_lines": [ 69.345331, 68.760362, 69.158809, 68.619785 ] }, { "date": "2026-04-24", "close": 70.830002, "volume": 36539, "typical_volume": 63037.8, "trend": 68.011334, "fair_value": 59.546923, "relative_strength": -4.334278, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.487563, "energy": 35.740145, "activity_lines": [ 70.306666, 69.079999, 69.340619, 68.814107 ] }, { "date": "2026-05-01", "close": 71.050003, "volume": 19087, "typical_volume": 63642.8, "trend": 68.157667, "fair_value": 59.665064, "relative_strength": -5.055334, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.567699, "energy": 40.580522, "activity_lines": [ 70.928, 69.440727, 69.521714, 69.010151 ] }, { "date": "2026-05-08", "close": 72.059998, "volume": 58791, "typical_volume": 66208.55, "trend": 68.367667, "fair_value": 59.790385, "relative_strength": -5.609334, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.46506, "energy": 57.298503, "activity_lines": [ 71.484667, 69.997636, 69.774952, 69.261914 ] }, { "date": "2026-05-15", "close": 71.269997, "volume": 18980, "typical_volume": 66645.65, "trend": 68.561334, "fair_value": 59.907885, "relative_strength": -6.175428, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.492699, "energy": 54.826472, "activity_lines": [ 71.468666, 70.410726, 69.928428, 69.449161 ] }, { "date": "2026-05-22", "close": 73.389999, "volume": 52454, "typical_volume": 68148.05, "trend": 68.766667, "fair_value": 60.046923, "relative_strength": -3.998784, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.835614, "energy": 55.075287, "activity_lines": [ 72.075999, 71.169453, 70.265142, 69.760688 ] }, { "date": "2026-05-29", "close": 73.639999, "volume": 42354, "typical_volume": 69607.55, "trend": 69.007667, "fair_value": 60.181282, "relative_strength": -4.517556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.636187, "energy": 55.807001, "activity_lines": [ 72.715999, 71.861635, 70.601237, 70.075096 ] }, { "date": "2026-06-05", "close": 72.43, "volume": 2235, "typical_volume": 68947.95, "trend": 69.276667, "fair_value": 60.308141, "relative_strength": -5.638008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.39807, "energy": 48.194981, "activity_lines": [ 72.765332, 72.169999, 70.80538, 70.295892 ] }, { "date": "2026-06-12", "close": 73.010002, "volume": 10163, "typical_volume": 68430.45, "trend": 69.539667, "fair_value": 60.435834, "relative_strength": -7.598304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.989682, "energy": 53.170823, "activity_lines": [ 72.916, 72.449272, 71.056142, 70.536752 ] }, { "date": "2026-06-19", "close": 72.480003, "volume": 2088, "typical_volume": 67806.65, "trend": 69.828667, "fair_value": 60.575577, "relative_strength": -10.328232, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.521432, "energy": 45.448273, "activity_lines": [ 72.826668, 72.530546, 71.245571, 70.726452 ] }, { "date": "2026-06-26", "close": 71.779999, "volume": 19321, "typical_volume": 66612.9, "trend": 70.012, "fair_value": 60.704423, "relative_strength": -8.166337, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.477854, "energy": 30.062056, "activity_lines": [ 72.423334, 72.439818, 71.359095, 70.852344 ] }, { "date": "2026-07-03", "close": 73.900002, "volume": 1073, "typical_volume": 65596.2, "trend": 70.266, "fair_value": 60.851603, "relative_strength": -7.956064, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.157756, "energy": 41.542882, "activity_lines": [ 72.834001, 72.750001, 71.670238, 71.103183 ] }, { "date": "2026-07-10", "close": 72.550003, "volume": 29637, "typical_volume": 65572.4, "trend": 70.484334, "fair_value": 60.98109, "relative_strength": -8.982145, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.149334, "energy": 33.052812, "activity_lines": [ 72.777335, 72.75891, 71.838477, 71.250538 ] }, { "date": "2026-07-17", "close": 73.169998, "volume": 64642, "typical_volume": 59742.0, "trend": 70.693, "fair_value": 61.111218, "relative_strength": -6.635561, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.371774, "energy": 38.149285, "activity_lines": [ 72.919334, 72.853273, 72.061905, 71.423806 ] }, { "date": "2026-07-24", "close": 73.550003, "volume": 62354, "typical_volume": 61095.6, "trend": 70.899667, "fair_value": 61.240385, "relative_strength": -5.756622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.774383, "energy": 52.545119, "activity_lines": [ 73.177335, 72.996547, 72.316191, 71.608129 ] }, { "date": "2026-07-31", "close": 73.949997, "volume": 15415, "typical_volume": 57199.95, "trend": 71.089333, "fair_value": 61.376731, "relative_strength": -5.677813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.790553, "energy": 51.752952, "activity_lines": [ 73.497333, 73.171091, 72.587286, 71.804925 ] }, { "date": "2026-08-07", "close": 75.769997, "volume": 12882, "typical_volume": 46007.4, "trend": 71.277333, "fair_value": 61.527693, "relative_strength": -5.925518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.230714, "energy": 77.040192, "activity_lines": [ 74.279332, 73.666363, 72.999714, 72.106903 ] } ], "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." } } }