{ "ticker": { "uuid": "7dceccf5-08b6-49ee-bb8d-15770ceec8da", "symbol": "ESGWO", "name": "Amundi MSCI World ESG Selection UCITS ETF ACC", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.137, "architecture_energy": 65.388, "architecture_maturity": 90.788, "architecture_confidence": 59.463, "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": 20.76, "rotation_up": 51.17, "upward_expansion": 78.5, "deceleration": 71.48, "rotation_down": 29.77, "downward_expansion": 16.5 }, "activity_lines": [ 113.052, 112.914908, 110.929713, 108.24972 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 115.550003, "trend_reference": 105.298666, "distance_from_trend": 0.097355, "trend_direction": "Improving", "fair_value": 90.039454, "distance_from_fair_value": 0.283326, "fair_value_direction": "Improving", "relative_strength": -2.585836, "relative_strength_direction": "Weakening", "price_momentum": 0.154692, "excess_performance": -0.0162, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097355, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.045466, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.283326, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.064203, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.025858, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000106, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.154692, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.011992, "read": "Demand-led" } ], "volume": { "latest": 9439, "relative_activity": 0.526429, "balance": 3.011992, "dry_up": 1.233725, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.018021, "annualized_volatility": 0.124194, "from_high_reference": -0.001986, "from_low_reference": 0.271737 }, "levels": { "trend_reference": 105.298666, "fair_value_reference": 90.039454, "structural_low": 93.529999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.006765, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.01151, "regime_survival": 0.7, "best_return": 0.047821, "worst_return": -0.073675, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.011889, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.019254, "regime_survival": 0.25, "best_return": 0.085621, "worst_return": -0.122552, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.00599, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.072166, "regime_survival": 0.0, "best_return": 0.088562, "worst_return": -0.076582, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.037209, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.211064, "regime_survival": 1.0, "best_return": 0.037209, "worst_return": 0.037209, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": -0.00052, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-28", "tenure": "Developing", "return": -0.033292, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.114596, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.121623, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.030647, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-01", "end": "2025-08-29", "tenure": "Developing", "return": 0.025784, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-11-21", "tenure": "Developing", "return": 0.045207, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-19", "tenure": "New", "return": 0.004852, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-02-13", "tenure": "Developing", "return": 0.002006, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.056271, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.099733, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": 0.002902, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.083552, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 69.129997, "volume": 8434, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 70.139999, "volume": 642, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 72.32, "volume": 1929, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 72.080002, "volume": 4941, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 72.57, "volume": 3395, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 70.650002, "volume": 3279, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 70.639999, "volume": 10953, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 70.059998, "volume": 24443, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 71.080002, "volume": 21178, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 68.559998, "volume": 35287, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 67.400002, "volume": 19769, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 70.150002, "volume": 10446, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 70.300003, "volume": 15181, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 71.529999, "volume": 12355, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 72.050003, "volume": 7348, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 73.019997, "volume": 9549, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 73.839996, "volume": 10059, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 75.050003, "volume": 16058, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 75.139999, "volume": 23435, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 74.959999, "volume": 14541, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 74.790001, "volume": 17022, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 75.830002, "volume": 7770, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 76.309998, "volume": 8298, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 78.010002, "volume": 8773, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 78.650002, "volume": 8621, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 79.980003, "volume": 23153, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 80.779999, "volume": 22507, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 81.440002, "volume": 15668, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 81.900002, "volume": 16181, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 82.059998, "volume": 9223, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 81.730003, "volume": 11215, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 84.089996, "volume": 10459, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 84.419998, "volume": 8794, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 82.790001, "volume": 10394, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 83.18, "volume": 11715, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 80.809998, "volume": 15237, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 82.720001, "volume": 15281, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 82.199997, "volume": 14821, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 83.839996, "volume": 15128, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 84.279999, "volume": 11823, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 84.550003, "volume": 9243, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 83.389999, "volume": 9836, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 85.599998, "volume": 8539, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 86.279999, "volume": 14386, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 86.809998, "volume": 6256, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 87.32, "volume": 11206, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 87.300003, "volume": 9663, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 88.580002, "volume": 8600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 86.209999, "volume": 27261, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 85.519997, "volume": 35360, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 82.699997, "volume": 16287, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 83.190002, "volume": 83990, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 86.110001, "volume": 8652, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 86.580002, "volume": 10285, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 87.160004, "volume": 11240, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 84.0, "volume": 11503, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 87.019997, "volume": 6725, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 87.209999, "volume": 54504, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 88.709999, "volume": 21007, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 88.919998, "volume": 11377, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 90.010002, "volume": 16906, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 91.050003, "volume": 8291, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 90.699997, "volume": 11637, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 89.110001, "volume": 4799, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 92.940002, "volume": 5943, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 92.739998, "volume": 8277, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 95.089996, "volume": 12793, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 95.089996, "volume": 14073, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 95.860001, "volume": 8469, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 95.440002, "volume": 6296, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 93.790001, "volume": 12439, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 94.220001, "volume": 2480, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 94.32, "volume": 3941, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 93.730003, "volume": 21180, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 96.129997, "volume": 7719, "typical_volume": 12517.95, "trend": 89.891667, "fair_value": 81.58, "relative_strength": 3.039316, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.61668, "energy": 44.795525, "activity_lines": [ 94.717333, 94.737091, 93.467381, 91.843613 ] }, { "date": "2025-01-24", "close": 96.080002, "volume": 16634, "typical_volume": 12774.5, "trend": 90.183667, "fair_value": 81.759012, "relative_strength": 3.109901, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.214833, "energy": 49.421393, "activity_lines": [ 95.264667, 94.998728, 93.874619, 92.24286 ] }, { "date": "2025-01-31", "close": 97.019997, "volume": 5481, "typical_volume": 12712.3, "trend": 90.507667, "fair_value": 81.945122, "relative_strength": 3.268086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.944299, "energy": 54.41392, "activity_lines": [ 95.972666, 95.370545, 94.313857, 92.683914 ] }, { "date": "2025-02-07", "close": 96.110001, "volume": 8355, "typical_volume": 10404.85, "trend": 90.758666, "fair_value": 82.115783, "relative_strength": 0.667293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.240356, "energy": 58.460055, "activity_lines": [ 96.190666, 95.541818, 94.618809, 93.045355 ] }, { "date": "2025-02-14", "close": 95.220001, "volume": 88576, "typical_volume": 13783.3, "trend": 91.059, "fair_value": 82.271786, "relative_strength": -2.65826, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.088654, "energy": 48.864631, "activity_lines": [ 95.992667, 95.532728, 94.796619, 93.333183 ] }, { "date": "2025-02-21", "close": 95.919998, "volume": 16862, "typical_volume": 14057.55, "trend": 91.405667, "fair_value": 82.432353, "relative_strength": -3.077701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.776375, "energy": 45.588982, "activity_lines": [ 95.928666, 95.662545, 95.010095, 93.646796 ] }, { "date": "2025-02-28", "close": 93.790001, "volume": 12377, "typical_volume": 13831.1, "trend": 91.775333, "fair_value": 82.564419, "relative_strength": -5.761114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.668118, "energy": 24.56683, "activity_lines": [ 95.168667, 95.396364, 94.987381, 93.800624 ] }, { "date": "2025-03-07", "close": 88.309998, "volume": 12638, "typical_volume": 14048.45, "trend": 91.946, "fair_value": 82.63046, "relative_strength": -11.012897, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -21.751092, "energy": 27.713083, "activity_lines": [ 92.734666, 94.133818, 94.424762, 93.577054 ] }, { "date": "2025-03-14", "close": 86.949997, "volume": 11691, "typical_volume": 14051.15, "trend": 91.974, "fair_value": 82.679545, "relative_strength": -12.419919, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.183304, "energy": 49.823209, "activity_lines": [ 90.427998, 92.731454, 93.745666, 93.254731 ] }, { "date": "2025-03-21", "close": 87.980003, "volume": 5872, "typical_volume": 14104.8, "trend": 92.020667, "fair_value": 82.739101, "relative_strength": -12.119298, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.496402, "energy": 69.977726, "activity_lines": [ 89.075333, 91.650363, 93.182524, 92.997054 ] }, { "date": "2025-03-28", "close": 86.879997, "volume": 5597, "typical_volume": 14087.5, "trend": 92.011333, "fair_value": 82.785111, "relative_strength": -12.43017, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.861542, "energy": 78.918373, "activity_lines": [ 87.838666, 90.473817, 92.52, 92.665397 ] }, { "date": "2025-04-04", "close": 80.120003, "volume": 9068, "typical_volume": 14127.05, "trend": 91.882, "fair_value": 82.755824, "relative_strength": -9.628599, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -68.599571, "energy": 88.031265, "activity_lines": [ 84.951334, 88.236364, 91.242524, 91.898215 ] }, { "date": "2025-04-11", "close": 78.190002, "volume": 143973, "typical_volume": 20686.05, "trend": 91.587667, "fair_value": 82.706196, "relative_strength": -10.084007, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.11615, "energy": 95.965671, "activity_lines": [ 82.332001, 85.938182, 89.841333, 91.01486 ] }, { "date": "2025-04-18", "close": 79.589996, "volume": 4388, "typical_volume": 20201.8, "trend": 91.333666, "fair_value": 82.672688, "relative_strength": -13.32857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.306072, "energy": 91.057578, "activity_lines": [ 80.854, 84.236909, 88.653952, 90.240817 ] }, { "date": "2025-04-25", "close": 82.330002, "volume": 7303, "typical_volume": 20143.5, "trend": 91.121, "fair_value": 82.669042, "relative_strength": -13.491316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.834475, "energy": 82.50108, "activity_lines": [ 80.78, 83.334182, 87.801333, 89.659935 ] }, { "date": "2025-05-02", "close": 85.129997, "volume": 1921, "typical_volume": 19924.75, "trend": 90.994666, "fair_value": 82.694947, "relative_strength": -12.689264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.945611, "energy": 61.440716, "activity_lines": [ 82.015999, 83.174909, 87.279809, 89.273419 ] }, { "date": "2025-05-09", "close": 85.650002, "volume": 2674, "typical_volume": 19436.5, "trend": 90.849333, "fair_value": 82.725729, "relative_strength": -14.323105, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.948972, "energy": 43.873678, "activity_lines": [ 83.542, 83.306364, 86.856905, 88.928602 ] }, { "date": "2025-05-16", "close": 89.919998, "volume": 2912, "typical_volume": 19458.1, "trend": 90.811666, "fair_value": 82.799897, "relative_strength": -12.785228, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.580592, "energy": 25.391017, "activity_lines": [ 86.122666, 84.362181, 86.879428, 88.868645 ] }, { "date": "2025-05-23", "close": 87.470001, "volume": 11839, "typical_volume": 19853.0, "trend": 90.704, "fair_value": 82.847551, "relative_strength": -12.467006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.886838, "energy": 29.102012, "activity_lines": [ 87.104667, 84.943273, 86.689095, 88.653054 ] }, { "date": "2025-05-30", "close": 88.760002, "volume": 4802, "typical_volume": 19034.1, "trend": 90.692333, "fair_value": 82.907273, "relative_strength": -12.396717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.123852, "energy": 25.8402, "activity_lines": [ 87.991334, 85.749455, 86.654238, 88.527634 ] }, { "date": "2025-06-06", "close": 89.269997, "volume": 9368, "typical_volume": 19116.55, "trend": 90.57, "fair_value": 82.9709, "relative_strength": -12.831156, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.528049, "energy": 23.106762, "activity_lines": [ 88.619333, 86.634181, 86.691619, 88.435871 ] }, { "date": "2025-06-13", "close": 88.099998, "volume": 1635, "typical_volume": 18366.6, "trend": 90.415333, "fair_value": 83.021683, "relative_strength": -11.160786, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.265526, "energy": 16.541021, "activity_lines": [ 88.581332, 87.262727, 86.650238, 88.276516 ] }, { "date": "2025-06-20", "close": 87.32, "volume": 1030, "typical_volume": 18144.05, "trend": 90.156333, "fair_value": 83.063823, "relative_strength": -11.222189, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.258691, "energy": 13.04347, "activity_lines": [ 88.119999, 87.604363, 86.572571, 88.076817 ] }, { "date": "2025-06-27", "close": 88.75, "volume": 2944, "typical_volume": 17873.5, "trend": 89.945, "fair_value": 83.119029, "relative_strength": -10.653959, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.395862, "energy": 10.29693, "activity_lines": [ 88.308666, 88.04, 86.677285, 87.986086 ] }, { "date": "2025-07-04", "close": 88.779999, "volume": 4264, "typical_volume": 13657.9, "trend": 89.709, "fair_value": 83.173461, "relative_strength": -10.126346, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.676294, "energy": 8.452982, "activity_lines": [ 88.421999, 88.314545, 86.819904, 87.910924 ] }, { "date": "2025-07-11", "close": 89.169998, "volume": 5047, "typical_volume": 13067.15, "trend": 89.5, "fair_value": 83.230571, "relative_strength": -10.526287, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.140243, "energy": 16.766071, "activity_lines": [ 88.663999, 88.542726, 87.030333, 87.87615 ] }, { "date": "2025-07-18", "close": 89.93, "volume": 12429, "typical_volume": 13069.75, "trend": 89.371333, "fair_value": 83.293773, "relative_strength": -10.086724, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.838609, "energy": 32.349705, "activity_lines": [ 89.165999, 88.835636, 87.345285, 87.903892 ] }, { "date": "2025-07-25", "close": 90.800003, "volume": 299892, "typical_volume": 27432.45, "trend": 89.257333, "fair_value": 83.363925, "relative_strength": -9.930481, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.854287, "energy": 50.759089, "activity_lines": [ 89.836, 89.208909, 87.761476, 87.996064 ] }, { "date": "2025-08-01", "close": 89.589996, "volume": 24347, "typical_volume": 28065.25, "trend": 89.099666, "fair_value": 83.421574, "relative_strength": -9.148752, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.31191, "energy": 44.764242, "activity_lines": [ 89.870666, 89.346181, 88.050571, 88.017526 ] }, { "date": "2025-08-08", "close": 90.68, "volume": 25240, "typical_volume": 29033.65, "trend": 88.998, "fair_value": 83.488165, "relative_strength": -11.454335, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.384843, "energy": 47.830254, "activity_lines": [ 90.212666, 89.64309, 88.430904, 88.119483 ] }, { "date": "2025-08-15", "close": 91.800003, "volume": 5688, "typical_volume": 29038.2, "trend": 88.853666, "fair_value": 83.563727, "relative_strength": -12.213801, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.457509, "energy": 60.643227, "activity_lines": [ 90.801334, 90.108727, 88.905047, 88.300258 ] }, { "date": "2025-08-22", "close": 92.540001, "volume": 3040, "typical_volume": 28736.8, "trend": 88.735666, "fair_value": 83.644594, "relative_strength": -12.547269, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.020121, "energy": 68.486988, "activity_lines": [ 91.461334, 90.662909, 89.426238, 88.538086 ] }, { "date": "2025-08-29", "close": 91.900002, "volume": 30683, "typical_volume": 23072.3, "trend": 88.565, "fair_value": 83.718303, "relative_strength": -10.607511, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.963015, "energy": 79.828406, "activity_lines": [ 91.734001, 91.020001, 89.827333, 88.742237 ] }, { "date": "2025-09-05", "close": 91.800003, "volume": 26358, "typical_volume": 24170.8, "trend": 88.421333, "fair_value": 83.789823, "relative_strength": -9.215788, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.023591, "energy": 77.920766, "activity_lines": [ 91.900002, 91.275638, 90.153619, 88.950946 ] }, { "date": "2025-09-12", "close": 93.279999, "volume": 9617, "typical_volume": 24286.5, "trend": 88.356667, "fair_value": 83.87307, "relative_strength": -9.541334, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.637476, "energy": 84.491579, "activity_lines": [ 92.412001, 91.74491, 90.562715, 89.264409 ] }, { "date": "2025-09-19", "close": 94.110001, "volume": 6332, "typical_volume": 24507.05, "trend": 88.296333, "fair_value": 83.962087, "relative_strength": -7.926267, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.011852, "energy": 83.291405, "activity_lines": [ 93.027334, 92.283274, 90.998715, 89.635592 ] }, { "date": "2025-09-26", "close": 94.120003, "volume": 20619, "typical_volume": 25404.3, "trend": 88.307333, "fair_value": 84.049655, "relative_strength": -8.384233, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.094261, "energy": 82.639339, "activity_lines": [ 93.492002, 92.733638, 91.392905, 90.011312 ] }, { "date": "2025-10-03", "close": 96.190002, "volume": 5963, "typical_volume": 25556.85, "trend": 88.57, "fair_value": 84.153419, "relative_strength": -7.381016, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.063514, "energy": 91.923538, "activity_lines": [ 94.541335, 93.484183, 91.943906, 90.519871 ] }, { "date": "2025-10-10", "close": 95.639999, "volume": 7882, "typical_volume": 25359.0, "trend": 88.859667, "fair_value": 84.250763, "relative_strength": -4.994958, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.94471, "energy": 84.82403, "activity_lines": [ 95.121334, 94.036728, 92.412667, 90.976 ] }, { "date": "2025-10-17", "close": 95.849998, "volume": 47140, "typical_volume": 27475.9, "trend": 89.122, "fair_value": 84.348235, "relative_strength": -3.900499, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.254336, "energy": 78.067839, "activity_lines": [ 95.515333, 94.517455, 92.862524, 91.42699 ] }, { "date": "2025-10-24", "close": 114.324898, "volume": 5322, "typical_volume": 27273.6, "trend": 90.03683, "fair_value": 84.598041, "relative_strength": 12.580816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.415699, "energy": 96.891155, "activity_lines": [ 101.896299, 98.263255, 95.038134, 93.052983 ] }, { "date": "2025-10-31", "close": 99.559998, "volume": 17194, "typical_volume": 28051.55, "trend": 90.68483, "fair_value": 84.721693, "relative_strength": -3.315905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.096535, "energy": 65.523454, "activity_lines": [ 102.007972, 98.914983, 95.688253, 93.667381 ] }, { "date": "2025-11-07", "close": 96.480003, "volume": 31831, "typical_volume": 29591.6, "trend": 91.294497, "fair_value": 84.818073, "relative_strength": -5.364115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.460266, "energy": 58.854891, "activity_lines": [ 100.730313, 98.879076, 95.990468, 94.041263 ] }, { "date": "2025-11-14", "close": 97.650002, "volume": 18913, "typical_volume": 30390.05, "trend": 91.896497, "fair_value": 84.922398, "relative_strength": -6.187023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.46466, "energy": 52.945172, "activity_lines": [ 99.823321, 98.972624, 96.360492, 94.451296 ] }, { "date": "2025-11-21", "close": 95.949997, "volume": 20067, "typical_volume": 31180.2, "trend": 92.350497, "fair_value": 85.01133, "relative_strength": -4.482062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.154456, "energy": 21.985227, "activity_lines": [ 98.21566, 98.650716, 96.526231, 94.712812 ] }, { "date": "2025-11-28", "close": 98.919998, "volume": 16604, "typical_volume": 31758.05, "trend": 92.810163, "fair_value": 85.122599, "relative_strength": -2.655387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.535362, "energy": 23.05935, "activity_lines": [ 97.591333, 98.820263, 96.940683, 95.136651 ] }, { "date": "2025-12-05", "close": 99.660004, "volume": 8477, "typical_volume": 31560.45, "trend": 93.277163, "fair_value": 85.237975, "relative_strength": -1.724631, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.235091, "energy": 22.226066, "activity_lines": [ 98.240667, 99.036902, 97.379184, 95.578576 ] }, { "date": "2025-12-12", "close": 98.519997, "volume": 5042, "typical_volume": 16817.95, "trend": 93.56383, "fair_value": 85.342558, "relative_strength": -2.651646, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.947932, "energy": 21.681304, "activity_lines": [ 98.503333, 98.94554, 97.66278, 95.916823 ] }, { "date": "2025-12-19", "close": 99.400002, "volume": 15618, "typical_volume": 16381.5, "trend": 93.961497, "fair_value": 85.452382, "relative_strength": -4.0703, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.319946, "energy": 27.246407, "activity_lines": [ 98.923334, 98.971815, 97.993423, 96.29335 ] }, { "date": "2025-12-26", "close": 99.709999, "volume": 3513, "typical_volume": 15295.15, "trend": 94.326497, "fair_value": 85.562906, "relative_strength": -3.02422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.616188, "energy": 32.068581, "activity_lines": [ 99.33, 98.986089, 98.306876, 96.664221 ] }, { "date": "2026-01-02", "close": 99.419998, "volume": 9174, "typical_volume": 15469.45, "trend": 94.66483, "fair_value": 85.669499, "relative_strength": -4.484484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.250478, "energy": 29.041483, "activity_lines": [ 99.389333, 98.877454, 98.549709, 96.992834 ] }, { "date": "2026-01-09", "close": 102.699997, "volume": 8003, "typical_volume": 15717.6, "trend": 95.151497, "fair_value": 85.799503, "relative_strength": -1.727887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.20097, "energy": 38.061405, "activity_lines": [ 100.508665, 99.636181, 99.068638, 97.511232 ] }, { "date": "2026-01-16", "close": 103.050003, "volume": 17915, "typical_volume": 15079.2, "trend": 95.67583, "fair_value": 85.930189, "relative_strength": -1.234543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.46905, "energy": 49.81763, "activity_lines": [ 101.542, 100.401454, 99.57252, 98.020813 ] }, { "date": "2026-01-23", "close": 101.699997, "volume": 4242, "typical_volume": 13973.4, "trend": 96.107497, "fair_value": 86.048759, "relative_strength": -0.098656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.889946, "energy": 60.86811, "activity_lines": [ 101.823332, 100.801817, 99.894734, 98.409469 ] }, { "date": "2026-01-30", "close": 100.629997, "volume": 13890, "typical_volume": 14187.05, "trend": 96.502497, "fair_value": 86.157574, "relative_strength": -2.286531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.685867, "energy": 70.574899, "activity_lines": [ 101.594665, 100.933999, 100.067901, 98.701243 ] }, { "date": "2026-02-06", "close": 100.07, "volume": 16467, "typical_volume": 14693.8, "trend": 96.86583, "fair_value": 86.260629, "relative_strength": -3.232368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.0967, "energy": 53.420563, "activity_lines": [ 101.117999, 100.879272, 100.152735, 98.931405 ] }, { "date": "2026-02-13", "close": 99.910004, "volume": 16980, "typical_volume": 14511.85, "trend": 97.198497, "fair_value": 86.360992, "relative_strength": -2.181526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.232251, "energy": 24.599013, "activity_lines": [ 100.544667, 100.774545, 100.19395, 99.127803 ] }, { "date": "2026-02-20", "close": 100.940002, "volume": 9034, "typical_volume": 14665.4, "trend": 97.536497, "fair_value": 86.467408, "relative_strength": -3.120007, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.826873, "energy": 20.144513, "activity_lines": [ 100.500668, 100.852546, 100.305689, 99.369191 ] }, { "date": "2026-02-27", "close": 100.480003, "volume": 51050, "typical_volume": 16823.8, "trend": 97.899497, "fair_value": 86.568949, "relative_strength": -4.823753, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.034267, "energy": 18.254669, "activity_lines": [ 100.444002, 100.80291, 100.350999, 99.559094 ] }, { "date": "2026-03-06", "close": 99.93, "volume": 18313, "typical_volume": 15382.45, "trend": 98.20783, "fair_value": 86.665071, "relative_strength": 1.232865, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.203729, "energy": 16.208642, "activity_lines": [ 100.285335, 100.633637, 100.320881, 99.690095 ] }, { "date": "2026-03-13", "close": 98.230003, "volume": 25159, "typical_volume": 16374.3, "trend": 98.422164, "fair_value": 86.747678, "relative_strength": -0.831767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.92924, "energy": 9.837784, "activity_lines": [ 99.606669, 100.151274, 100.109429, 99.691525 ] }, { "date": "2026-03-20", "close": 95.260002, "volume": 17884, "typical_volume": 16408.8, "trend": 98.51283, "fair_value": 86.808049, "relative_strength": -0.490902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.511489, "energy": 34.048207, "activity_lines": [ 98.060669, 99.150547, 99.691763, 99.487515 ] }, { "date": "2026-03-27", "close": 93.75, "volume": 14964, "typical_volume": 15565.45, "trend": 98.574497, "fair_value": 86.856936, "relative_strength": -3.214939, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.008634, "energy": 64.862611, "activity_lines": [ 96.321335, 98.010547, 99.150763, 99.180235 ] }, { "date": "2026-04-03", "close": 96.699997, "volume": 32498, "typical_volume": 16244.7, "trend": 98.73783, "fair_value": 86.925769, "relative_strength": -4.925908, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.634723, "energy": 59.693164, "activity_lines": [ 96.044666, 97.576001, 98.903715, 99.0593 ] }, { "date": "2026-04-10", "close": 98.75, "volume": 7341, "typical_volume": 15608.4, "trend": 98.920163, "fair_value": 87.007881, "relative_strength": -6.776531, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.270819, "energy": 53.727189, "activity_lines": [ 96.703333, 97.605091, 98.856429, 99.060085 ] }, { "date": "2026-04-17", "close": 103.099998, "volume": 50743, "typical_volume": 17315.35, "trend": 99.21983, "fair_value": 87.118861, "relative_strength": -5.095514, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 16.617227, "energy": 9.807734, "activity_lines": [ 98.890666, 98.459273, 99.210095, 99.329752 ] }, { "date": "2026-04-24", "close": 103.389999, "volume": 12016, "typical_volume": 17492.3, "trend": 99.52883, "fair_value": 87.230307, "relative_strength": -2.376673, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.947769, "energy": 31.24419, "activity_lines": [ 100.849999, 99.311091, 99.571476, 99.598795 ] }, { "date": "2026-05-01", "close": 103.690002, "volume": 14558, "typical_volume": 17968.1, "trend": 99.77883, "fair_value": 87.342278, "relative_strength": -3.230495, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.330068, "energy": 53.259632, "activity_lines": [ 102.367333, 100.154182, 99.943667, 99.867258 ] }, { "date": "2026-05-08", "close": 106.639999, "volume": 12702, "typical_volume": 17822.3, "trend": 100.145497, "fair_value": 87.472668, "relative_strength": -2.575236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.009858, "energy": 82.152752, "activity_lines": [ 104.205333, 101.483636, 100.572191, 100.309914 ] }, { "date": "2026-05-15", "close": 107.269997, "volume": 10794, "typical_volume": 18186.35, "trend": 100.526163, "fair_value": 87.605536, "relative_strength": -1.628891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.726958, "energy": 87.398951, "activity_lines": [ 105.590666, 102.815636, 101.226238, 100.769559 ] }, { "date": "2026-05-22", "close": 109.309998, "volume": 38638, "typical_volume": 19659.55, "trend": 100.359, "fair_value": 87.750233, "relative_strength": -0.55093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.809899, "energy": 91.790061, "activity_lines": [ 107.087999, 104.38509, 102.038571, 101.336258 ] }, { "date": "2026-05-29", "close": 110.370003, "volume": 22303, "typical_volume": 20374.55, "trend": 100.719333, "fair_value": 87.900032, "relative_strength": -0.634873, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.085429, "energy": 93.234016, "activity_lines": [ 108.524667, 105.945818, 102.904762, 101.982129 ] }, { "date": "2026-06-05", "close": 110.5, "volume": 23492, "typical_volume": 20653.4, "trend": 101.186667, "fair_value": 88.048716, "relative_strength": -0.24461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.94574, "energy": 90.951577, "activity_lines": [ 109.539333, 107.255454, 103.746809, 102.61314 ] }, { "date": "2026-06-12", "close": 111.269997, "volume": 1235, "typical_volume": 20503.05, "trend": 101.640666, "fair_value": 88.200489, "relative_strength": -2.616583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.087475, "energy": 90.933773, "activity_lines": [ 110.356666, 108.400545, 104.626714, 103.263677 ] }, { "date": "2026-06-19", "close": 113.019997, "volume": 2458, "typical_volume": 19931.45, "trend": 102.209666, "fair_value": 88.361655, "relative_strength": -3.54252, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.484244, "energy": 93.444357, "activity_lines": [ 111.448665, 109.598908, 105.627714, 103.997828 ] }, { "date": "2026-06-26", "close": 112.559998, "volume": 312, "typical_volume": 19123.7, "trend": 102.664333, "fair_value": 88.517773, "relative_strength": -0.934643, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.561031, "energy": 89.833112, "activity_lines": [ 112.003998, 110.45418, 106.525904, 104.665591 ] }, { "date": "2026-07-03", "close": 114.199997, "volume": 3631, "typical_volume": 18456.25, "trend": 103.149, "fair_value": 88.682403, "relative_strength": -2.381799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.660748, "energy": 92.832179, "activity_lines": [ 112.889331, 111.435635, 107.520808, 105.409827 ] }, { "date": "2026-07-10", "close": 113.919998, "volume": 22436, "typical_volume": 19126.35, "trend": 103.662333, "fair_value": 88.966377, "relative_strength": -2.191018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.465454, "energy": 89.344148, "activity_lines": [ 113.425998, 112.169634, 108.420999, 106.10473 ] }, { "date": "2026-07-17", "close": 111.589996, "volume": 14959, "typical_volume": 17321.8, "trend": 104.068666, "fair_value": 89.230095, "relative_strength": -2.772169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.868742, "energy": 78.118281, "activity_lines": [ 112.957997, 112.293998, 109.037475, 106.616193 ] }, { "date": "2026-07-24", "close": 111.790001, "volume": 48507, "typical_volume": 18831.5, "trend": 104.471333, "fair_value": 89.486698, "relative_strength": -2.386803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.538187, "energy": 64.408468, "activity_lines": [ 112.535332, 112.364725, 109.620094, 107.114343 ] }, { "date": "2026-07-31", "close": 111.389999, "volume": 15579, "typical_volume": 18352.5, "trend": 104.870333, "fair_value": 89.748877, "relative_strength": -3.336964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.250334, "energy": 54.065601, "activity_lines": [ 112.061332, 112.280544, 110.108141, 107.560709 ] }, { "date": "2026-08-07", "close": 115.550003, "volume": 9439, "typical_volume": 17930.25, "trend": 105.298666, "fair_value": 90.039454, "relative_strength": -2.585836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.137003, "energy": 65.38794, "activity_lines": [ 113.052, 112.914908, 110.929713, 108.24972 ] } ], "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." } } }