{ "ticker": { "uuid": "80024597-6112-4a82-93b4-d5b3006c925f", "symbol": "EJAH", "name": "BNP Paribas Easy MSCI Japan Min TE UCITS ETF H EUR Cap", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 59.033, "architecture_energy": 37.783, "architecture_maturity": 60.164, "architecture_confidence": 79.256, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 23.66, "rotation_up": 40.14, "upward_expansion": 66.93, "deceleration": 85.48, "rotation_down": 27.15, "downward_expansion": 16.93 }, "activity_lines": [ 29.160334, 29.200909, 28.7465, 28.179269 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 29.715, "trend_reference": 27.494, "distance_from_trend": 0.080781, "trend_direction": "Improving", "fair_value": 20.504583, "distance_from_fair_value": 0.449188, "fair_value_direction": "Improving", "relative_strength": -0.054279, "relative_strength_direction": "Weakening", "price_momentum": 0.112296, "excess_performance": -0.058595, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080781, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.066169, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.449188, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.019749, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.000543, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.043449, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.112296, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 4.145628, "read": "Demand-led" } ], "volume": { "latest": 58266, "relative_activity": 3.6213, "balance": 4.145628, "dry_up": 1.851126, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.029162, "annualized_volatility": 0.20031, "from_high_reference": -0.012134, "from_low_reference": 0.398024 }, "levels": { "trend_reference": 27.494, "fair_value_reference": 20.504583, "structural_low": 24.559999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.025409, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": -0.01803, "regime_survival": 0.272727, "best_return": 0.059667, "worst_return": -0.028366, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.025545, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.034567, "regime_survival": 0.0, "best_return": 0.147226, "worst_return": -0.08855, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.021313, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.014279, "regime_survival": 0.0, "best_return": 0.225696, "worst_return": -0.0336, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.033915, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.127328, "regime_survival": 0.0, "best_return": 0.382023, "worst_return": -0.034415, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": 0.07777, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-23", "end": "2024-09-06", "tenure": "New", "return": -0.062055, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.042729, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-12-06", "tenure": "Developing", "return": 0.010522, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": -0.008075, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-02-28", "tenure": "Developing", "return": -0.029421, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": 0.041258, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.062141, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.073818, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-20", "tenure": "Developing", "return": 0.016354, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2026-03-20", "tenure": "Extended", "return": 0.240327, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.075868, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-31", "tenure": "Established", "return": 0.071925, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 14.5, "volume": 211, "typical_volume": 3919.65, "trend": 13.449733, "fair_value": 11.951513, "relative_strength": 4.479729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.507085, "energy": 55.675639, "activity_lines": [ 14.7168, 14.698073, 14.411181, 13.987123 ] }, { "date": "2023-08-25", "close": 14.656, "volume": 445, "typical_volume": 3941.9, "trend": 13.526667, "fair_value": 11.983071, "relative_strength": 4.073049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.470163, "energy": 44.277534, "activity_lines": [ 14.6876, 14.689782, 14.473381, 14.064946 ] }, { "date": "2023-09-01", "close": 15.148, "volume": 3170, "typical_volume": 4100.4, "trend": 13.62, "fair_value": 12.018679, "relative_strength": 5.953782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.256324, "energy": 55.045058, "activity_lines": [ 14.820667, 14.775345, 14.57239, 14.169548 ] }, { "date": "2023-09-08", "close": 15.344, "volume": 656, "typical_volume": 4117.65, "trend": 13.7188, "fair_value": 12.054917, "relative_strength": 8.885184, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.783148, "energy": 62.42255, "activity_lines": [ 15.009867, 14.885309, 14.677676, 14.280774 ] }, { "date": "2023-09-15", "close": 15.666, "volume": 1742, "typical_volume": 4168.45, "trend": 13.8262, "fair_value": 12.092853, "relative_strength": 8.602414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.998002, "energy": 88.479642, "activity_lines": [ 15.264133, 15.044836, 14.801933, 14.4064 ] }, { "date": "2023-09-22", "close": 15.418, "volume": 3778, "typical_volume": 2691.9, "trend": 13.9296, "fair_value": 12.130199, "relative_strength": 8.111028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.271494, "energy": 85.474645, "activity_lines": [ 15.382533, 15.139091, 14.890086, 14.509097 ] }, { "date": "2023-09-29", "close": 15.178, "volume": 1569, "typical_volume": 2770.35, "trend": 14.014067, "fair_value": 12.165179, "relative_strength": 7.745538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.37207, "energy": 80.896683, "activity_lines": [ 15.359733, 15.172364, 14.944429, 14.589639 ] }, { "date": "2023-10-06", "close": 14.822, "volume": 3522, "typical_volume": 2821.9, "trend": 14.0804, "fair_value": 12.19716, "relative_strength": 6.929334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.449746, "energy": 51.509389, "activity_lines": [ 15.183467, 15.130945, 14.955057, 14.641763 ] }, { "date": "2023-10-13", "close": 14.954, "volume": 3686, "typical_volume": 2801.8, "trend": 14.185933, "fair_value": 12.229821, "relative_strength": 6.365646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.793905, "energy": 31.177062, "activity_lines": [ 15.072933, 15.116945, 14.973095, 14.698125 ] }, { "date": "2023-10-20", "close": 14.648, "volume": 15302, "typical_volume": 3522.65, "trend": 14.281267, "fair_value": 12.261224, "relative_strength": 7.558246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.957962, "energy": 22.1627, "activity_lines": [ 14.8864, 15.042873, 14.957057, 14.727935 ] }, { "date": "2023-10-27", "close": 14.584, "volume": 2075, "typical_volume": 3567.0, "trend": 14.3492, "fair_value": 12.293429, "relative_strength": 7.326028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.092391, "energy": 21.305895, "activity_lines": [ 14.7464, 14.961164, 14.930657, 14.747467 ] }, { "date": "2023-11-03", "close": 15.594, "volume": 11128, "typical_volume": 3586.35, "trend": 14.4508, "fair_value": 12.330231, "relative_strength": 9.061898, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.290646, "energy": 24.623759, "activity_lines": [ 14.998667, 15.061564, 14.999448, 14.827776 ] }, { "date": "2023-11-10", "close": 15.096, "volume": 2992, "typical_volume": 3600.7, "trend": 14.5358, "fair_value": 12.359654, "relative_strength": 6.079837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.206725, "energy": 21.990613, "activity_lines": [ 15.0572, 15.054364, 15.017495, 14.869402 ] }, { "date": "2023-11-17", "close": 15.522, "volume": 6938, "typical_volume": 3750.5, "trend": 14.6236, "fair_value": 12.392244, "relative_strength": 5.27034, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.109914, "energy": 41.595327, "activity_lines": [ 15.239467, 15.125564, 15.073419, 14.933028 ] }, { "date": "2023-11-24", "close": 15.708, "volume": 16224, "typical_volume": 4539.5, "trend": 14.7124, "fair_value": 12.423718, "relative_strength": 6.607311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.044586, "energy": 68.506464, "activity_lines": [ 15.445867, 15.227345, 15.143857, 15.002989 ] }, { "date": "2023-12-01", "close": 15.61, "volume": 4154, "typical_volume": 4566.4, "trend": 14.795467, "fair_value": 12.455744, "relative_strength": 4.101881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.364199, "energy": 69.346553, "activity_lines": [ 15.548933, 15.310545, 15.199476, 15.060899 ] }, { "date": "2023-12-08", "close": 15.284, "volume": 6063, "typical_volume": 4835.85, "trend": 14.867667, "fair_value": 12.485679, "relative_strength": 0.350773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.982226, "energy": 61.763652, "activity_lines": [ 15.474933, 15.330982, 15.21859, 15.092417 ] }, { "date": "2023-12-15", "close": 15.222, "volume": 71717, "typical_volume": 7961.35, "trend": 14.917133, "fair_value": 12.515218, "relative_strength": 0.083074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.883921, "energy": 37.433954, "activity_lines": [ 15.400933, 15.338218, 15.228686, 15.115277 ] }, { "date": "2023-12-22", "close": 15.512, "volume": 16335, "typical_volume": 8632.55, "trend": 14.970267, "fair_value": 12.545936, "relative_strength": 1.988356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.46881, "energy": 33.669497, "activity_lines": [ 15.4152, 15.390909, 15.26539, 15.153656 ] }, { "date": "2023-12-29", "close": 15.518, "volume": 4973, "typical_volume": 8834.0, "trend": 15.029133, "fair_value": 12.574885, "relative_strength": 1.963387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.37763, "energy": 26.60395, "activity_lines": [ 15.432133, 15.434545, 15.298848, 15.188994 ] }, { "date": "2024-01-05", "close": 15.902, "volume": 760, "typical_volume": 8861.45, "trend": 15.080067, "fair_value": 12.604526, "relative_strength": 3.921171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.37759, "energy": 47.725765, "activity_lines": [ 15.589733, 15.532182, 15.365781, 15.245308 ] }, { "date": "2024-01-12", "close": 16.563999, "volume": 29591, "typical_volume": 10318.75, "trend": 15.1356, "fair_value": 12.638731, "relative_strength": 7.78584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.387336, "energy": 84.697652, "activity_lines": [ 15.948533, 15.726218, 15.489086, 15.341045 ] }, { "date": "2024-01-19", "close": 16.728001, "volume": 10836, "typical_volume": 10702.05, "trend": 15.208867, "fair_value": 12.673846, "relative_strength": 9.180538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.199206, "energy": 93.142358, "activity_lines": [ 16.276667, 15.932436, 15.618924, 15.443781 ] }, { "date": "2024-01-26", "close": 16.704, "volume": 21776, "typical_volume": 11758.05, "trend": 15.270667, "fair_value": 12.709141, "relative_strength": 8.342117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.855358, "energy": 92.171303, "activity_lines": [ 16.4964, 16.104618, 15.738952, 15.540241 ] }, { "date": "2024-02-02", "close": 16.752001, "volume": 11063, "typical_volume": 12224.1, "trend": 15.343867, "fair_value": 12.742897, "relative_strength": 7.100554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.415455, "energy": 91.26357, "activity_lines": [ 16.652667, 16.264037, 15.857076, 15.635811 ] }, { "date": "2024-02-09", "close": 17.101999, "volume": 12605, "typical_volume": 12665.45, "trend": 15.4318, "fair_value": 12.777013, "relative_strength": 7.416085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.108655, "energy": 94.586897, "activity_lines": [ 16.843333, 16.468109, 16.003362, 15.749239 ] }, { "date": "2024-02-16", "close": 17.594, "volume": 20954, "typical_volume": 13634.7, "trend": 15.5306, "fair_value": 12.8145, "relative_strength": 8.069133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.97979, "energy": 97.355658, "activity_lines": [ 17.118, 16.734509, 16.188486, 15.888735 ] }, { "date": "2024-02-23", "close": 17.941999, "volume": 2231, "typical_volume": 13570.15, "trend": 15.628333, "fair_value": 12.854551, "relative_strength": 6.572382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.214542, "energy": 97.625122, "activity_lines": [ 17.44, 17.022182, 16.395248, 16.04431 ] }, { "date": "2024-03-01", "close": 18.212, "volume": 4450, "typical_volume": 13608.35, "trend": 15.745067, "fair_value": 12.896833, "relative_strength": 7.01678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.23753, "energy": 96.96256, "activity_lines": [ 17.771066, 17.309491, 16.612867, 16.210998 ] }, { "date": "2024-03-08", "close": 18.16, "volume": 4114, "typical_volume": 13048.95, "trend": 15.8548, "fair_value": 12.937859, "relative_strength": 4.923543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.149934, "energy": 93.110219, "activity_lines": [ 17.984266, 17.538254, 16.810019, 16.3668 ] }, { "date": "2024-03-15", "close": 17.912001, "volume": 30658, "typical_volume": 14478.1, "trend": 15.968533, "fair_value": 12.97541, "relative_strength": 1.609686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.532436, "energy": 84.830889, "activity_lines": [ 18.020934, 17.673891, 16.966829, 16.499523 ] }, { "date": "2024-03-22", "close": 18.822001, "volume": 11393, "typical_volume": 14491.35, "trend": 16.1074, "fair_value": 13.020308, "relative_strength": 5.154683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.071502, "energy": 76.387934, "activity_lines": [ 18.306934, 17.938437, 17.194457, 16.683617 ] }, { "date": "2024-03-29", "close": 18.686001, "volume": 3115, "typical_volume": 14497.5, "trend": 16.225333, "fair_value": 13.063321, "relative_strength": 2.890395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.991827, "energy": 72.21035, "activity_lines": [ 18.465734, 18.1372, 17.393762, 16.849979 ] }, { "date": "2024-04-05", "close": 18.417999, "volume": 6538, "typical_volume": 14477.5, "trend": 16.3278, "fair_value": 13.105423, "relative_strength": 3.312173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.576152, "energy": 66.826711, "activity_lines": [ 18.4856, 18.251637, 17.550448, 16.991441 ] }, { "date": "2024-04-12", "close": 18.444, "volume": 4747, "typical_volume": 13903.65, "trend": 16.4204, "fair_value": 13.147205, "relative_strength": 3.848598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.39407, "energy": 66.720681, "activity_lines": [ 18.5004, 18.339637, 17.695819, 17.12797 ] }, { "date": "2024-04-19", "close": 17.954, "volume": 18406, "typical_volume": 14616.25, "trend": 16.504933, "fair_value": 13.186718, "relative_strength": 0.381103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.798847, "energy": 61.141786, "activity_lines": [ 18.332933, 18.307782, 17.781495, 17.226912 ] }, { "date": "2024-04-26", "close": 17.99, "volume": 2560, "typical_volume": 14441.1, "trend": 16.598667, "fair_value": 13.227821, "relative_strength": -0.53873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.765991, "energy": 47.834173, "activity_lines": [ 18.174667, 18.266982, 17.859438, 17.322723 ] }, { "date": "2024-05-03", "close": 18.34, "volume": 52935, "typical_volume": 13502.0, "trend": 16.715933, "fair_value": 13.270359, "relative_strength": 3.022202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.461001, "energy": 41.974485, "activity_lines": [ 18.188533, 18.282618, 17.957829, 17.435067 ] }, { "date": "2024-05-10", "close": 18.544001, "volume": 81, "typical_volume": 12689.3, "trend": 16.8356, "fair_value": 13.314205, "relative_strength": 0.875334, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.209259, "energy": 43.768351, "activity_lines": [ 18.293467, 18.328109, 18.0608, 17.553007 ] }, { "date": "2024-05-17", "close": 18.558001, "volume": 5196, "typical_volume": 12700.45, "trend": 16.965933, "fair_value": 13.358897, "relative_strength": -1.254243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.383933, "energy": 53.401052, "activity_lines": [ 18.394667, 18.370109, 18.150667, 17.664129 ] }, { "date": "2024-05-24", "close": 18.622, "volume": 6767, "typical_volume": 13000.8, "trend": 17.100533, "fair_value": 13.403051, "relative_strength": 1.625275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.007207, "energy": 58.051183, "activity_lines": [ 18.5096, 18.416509, 18.232153, 17.770972 ] }, { "date": "2024-05-31", "close": 18.806, "volume": 16759, "typical_volume": 12359.2, "trend": 17.2076, "fair_value": 13.447641, "relative_strength": 2.488528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.657633, "energy": 61.957686, "activity_lines": [ 18.641334, 18.483455, 18.31821, 17.881002 ] }, { "date": "2024-06-07", "close": 18.864, "volume": 3220, "typical_volume": 11978.4, "trend": 17.3332, "fair_value": 13.492218, "relative_strength": 2.250634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.94342, "energy": 65.599297, "activity_lines": [ 18.738, 18.561237, 18.399114, 17.987867 ] }, { "date": "2024-06-14", "close": 18.632, "volume": 13591, "typical_volume": 11569.15, "trend": 17.436867, "fair_value": 13.536564, "relative_strength": 7.023207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.141079, "energy": 53.89097, "activity_lines": [ 18.7224, 18.5936, 18.447753, 18.07166 ] }, { "date": "2024-06-21", "close": 18.535999, "volume": 1576, "typical_volume": 11094.8, "trend": 17.531133, "fair_value": 13.57868, "relative_strength": 4.328567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.066868, "energy": 51.336479, "activity_lines": [ 18.668933, 18.604618, 18.478067, 18.142572 ] }, { "date": "2024-06-28", "close": 19.488001, "volume": 13989, "typical_volume": 11164.0, "trend": 17.6604, "fair_value": 13.627423, "relative_strength": 9.954716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.89722, "energy": 63.704046, "activity_lines": [ 18.934267, 18.787055, 18.590553, 18.268822 ] }, { "date": "2024-07-05", "close": 19.908001, "volume": 14032, "typical_volume": 10817.9, "trend": 17.814533, "fair_value": 13.679038, "relative_strength": 9.325456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.429155, "energy": 84.778529, "activity_lines": [ 19.281867, 19.017964, 18.731676, 18.413828 ] }, { "date": "2024-07-12", "close": 19.993999, "volume": 28102, "typical_volume": 12111.45, "trend": 17.9736, "fair_value": 13.731449, "relative_strength": 7.630725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.198975, "energy": 93.023857, "activity_lines": [ 19.584667, 19.229636, 18.869972, 18.554439 ] }, { "date": "2024-07-19", "close": 19.573999, "volume": 14514, "typical_volume": 12614.65, "trend": 18.109, "fair_value": 13.781026, "relative_strength": 6.246403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.352263, "energy": 86.768758, "activity_lines": [ 19.672133, 19.334873, 18.958495, 18.65769 ] }, { "date": "2024-07-26", "close": 18.676001, "volume": 97132, "typical_volume": 17265.55, "trend": 18.214267, "fair_value": 13.826077, "relative_strength": 2.424108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.018842, "energy": 55.170231, "activity_lines": [ 19.397467, 19.258109, 18.95501, 18.694271 ] }, { "date": "2024-08-02", "close": 16.716, "volume": 28827, "typical_volume": 17174.0, "trend": 18.2414, "fair_value": 13.858372, "relative_strength": -3.217247, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -7.201566, "energy": 18.018811, "activity_lines": [ 18.460133, 18.822836, 18.7624, 18.597609 ] }, { "date": "2024-08-09", "close": 16.747999, "volume": 20437, "typical_volume": 17626.2, "trend": 18.247533, "fair_value": 13.890872, "relative_strength": -2.312816, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.88741, "energy": 47.431017, "activity_lines": [ 17.718266, 18.428036, 18.578533, 18.50126 ] }, { "date": "2024-08-16", "close": 18.016001, "volume": 4800, "typical_volume": 17710.45, "trend": 18.290467, "fair_value": 13.932603, "relative_strength": 0.996353, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.904683, "energy": 39.63077, "activity_lines": [ 17.609733, 18.3012, 18.525305, 18.486323 ] }, { "date": "2024-08-23", "close": 18.242001, "volume": 86555, "typical_volume": 21711.3, "trend": 18.341733, "fair_value": 13.974564, "relative_strength": 0.331965, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.416645, "energy": 37.523536, "activity_lines": [ 17.7084, 18.230873, 18.496791, 18.483196 ] }, { "date": "2024-08-30", "close": 18.375999, "volume": 5290, "typical_volume": 21738.45, "trend": 18.395867, "fair_value": 14.014474, "relative_strength": -1.077619, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -26.958912, "energy": 28.492566, "activity_lines": [ 17.940533, 18.192, 18.481876, 18.485407 ] }, { "date": "2024-09-06", "close": 17.110001, "volume": 13967, "typical_volume": 21516.5, "trend": 18.396133, "fair_value": 14.043359, "relative_strength": -4.799167, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.096203, "energy": 26.147804, "activity_lines": [ 17.770667, 17.925855, 18.346714, 18.402447 ] }, { "date": "2024-09-13", "close": 17.412001, "volume": 46322, "typical_volume": 23704.6, "trend": 18.390067, "fair_value": 14.0735, "relative_strength": -3.837913, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.277888, "energy": 34.048846, "activity_lines": [ 17.675201, 17.757855, 18.244334, 18.338955 ] }, { "date": "2024-09-20", "close": 18.146, "volume": 28792, "typical_volume": 22497.45, "trend": 18.396867, "fair_value": 14.10868, "relative_strength": -0.352698, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.660283, "energy": 25.449643, "activity_lines": [ 17.780134, 17.768691, 18.21461, 18.323209 ] }, { "date": "2024-09-27", "close": 18.156, "volume": 43232, "typical_volume": 24655.0, "trend": 18.395, "fair_value": 14.147077, "relative_strength": -3.017889, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.818286, "energy": 25.340278, "activity_lines": [ 17.879734, 17.814946, 18.186762, 18.307669 ] }, { "date": "2024-10-04", "close": 18.818001, "volume": 26239, "typical_volume": 25707.15, "trend": 18.416934, "fair_value": 14.190603, "relative_strength": 3.807619, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.913708, "energy": 12.077633, "activity_lines": [ 18.205734, 18.007346, 18.22381, 18.334959 ] }, { "date": "2024-10-11", "close": 18.771999, "volume": 42518, "typical_volume": 27494.7, "trend": 18.4456, "fair_value": 14.23109, "relative_strength": 1.335285, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.018323, "energy": 13.12004, "activity_lines": [ 18.486933, 18.1888, 18.255238, 18.357867 ] }, { "date": "2024-10-18", "close": 18.582001, "volume": 13229, "typical_volume": 27318.2, "trend": 18.4376, "fair_value": 14.272, "relative_strength": -2.216939, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.873403, "energy": 16.788652, "activity_lines": [ 18.594, 18.298328, 18.267857, 18.366667 ] }, { "date": "2024-10-25", "close": 18.181999, "volume": 1093, "typical_volume": 27211.85, "trend": 18.4208, "fair_value": 14.309949, "relative_strength": -3.104141, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 6.220149, "energy": 14.087427, "activity_lines": [ 18.489733, 18.301782, 18.243448, 18.350176 ] }, { "date": "2024-11-01", "close": 18.516001, "volume": 143568, "typical_volume": 33710.7, "trend": 18.424067, "fair_value": 14.350039, "relative_strength": -1.004864, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.37522, "energy": 12.657665, "activity_lines": [ 18.4944, 18.362946, 18.254095, 18.356318 ] }, { "date": "2024-11-08", "close": 18.82, "volume": 9953, "typical_volume": 34129.55, "trend": 18.4366, "fair_value": 14.392077, "relative_strength": 3.077447, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.321353, "energy": 21.573513, "activity_lines": [ 18.5764, 18.4744, 18.294248, 18.381863 ] }, { "date": "2024-11-15", "close": 18.596001, "volume": 32925, "typical_volume": 35076.35, "trend": 18.458, "fair_value": 14.43091, "relative_strength": 0.670216, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.650868, "energy": 18.516245, "activity_lines": [ 18.5836, 18.537055, 18.311715, 18.392146 ] }, { "date": "2024-11-22", "close": 18.708, "volume": 85683, "typical_volume": 38658.9, "trend": 18.481934, "fair_value": 14.474256, "relative_strength": 3.292716, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.893277, "energy": 29.106969, "activity_lines": [ 18.639867, 18.593055, 18.344095, 18.408275 ] }, { "date": "2024-11-29", "close": 18.620001, "volume": 34895, "typical_volume": 38998.55, "trend": 18.491267, "fair_value": 14.517346, "relative_strength": 2.922487, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.784359, "energy": 25.631459, "activity_lines": [ 18.658401, 18.609491, 18.37381, 18.417183 ] }, { "date": "2024-12-06", "close": 19.016001, "volume": 71763, "typical_volume": 41861.0, "trend": 18.507, "fair_value": 14.56091, "relative_strength": 0.913694, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.328578, "energy": 36.062978, "activity_lines": [ 18.779734, 18.68931, 18.447781, 18.451037 ] }, { "date": "2024-12-13", "close": 19.072001, "volume": 46727, "typical_volume": 39340.75, "trend": 18.524134, "fair_value": 14.603949, "relative_strength": 0.645258, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.787674, "energy": 47.503767, "activity_lines": [ 18.886401, 18.763673, 18.529743, 18.487489 ] }, { "date": "2024-12-20", "close": 18.917999, "volume": 73558, "typical_volume": 41577.3, "trend": 18.534, "fair_value": 14.646577, "relative_strength": 2.973401, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.054079, "energy": 47.234434, "activity_lines": [ 18.924934, 18.805419, 18.595153, 18.512899 ] }, { "date": "2024-12-27", "close": 19.374001, "volume": 400, "typical_volume": 40575.45, "trend": 18.552934, "fair_value": 14.691474, "relative_strength": 4.030684, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.835453, "energy": 73.337725, "activity_lines": [ 19.094, 18.927419, 18.693505, 18.567093 ] }, { "date": "2025-01-03", "close": 19.290001, "volume": 173, "typical_volume": 40344.1, "trend": 18.567134, "fair_value": 14.735513, "relative_strength": 3.523359, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.902318, "energy": 75.010652, "activity_lines": [ 19.190667, 19.019746, 18.771353, 18.614646 ] }, { "date": "2025-01-10", "close": 18.728001, "volume": 6907, "typical_volume": 36361.7, "trend": 18.570334, "fair_value": 14.777256, "relative_strength": -2.214099, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.274922, "energy": 50.791295, "activity_lines": [ 19.055334, 18.989746, 18.78961, 18.625024 ] }, { "date": "2025-01-17", "close": 18.865999, "volume": 320, "typical_volume": 36113.2, "trend": 18.581334, "fair_value": 14.821782, "relative_strength": -4.584879, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.495725, "energy": 37.174284, "activity_lines": [ 18.9852, 18.980982, 18.818696, 18.644099 ] }, { "date": "2025-01-24", "close": 19.450001, "volume": 3193, "typical_volume": 35574.5, "trend": 18.580067, "fair_value": 14.872718, "relative_strength": -1.405485, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.262824, "energy": 43.949171, "activity_lines": [ 19.123467, 19.077564, 18.901067, 18.700142 ] }, { "date": "2025-01-31", "close": 19.468, "volume": 2201, "typical_volume": 33368.45, "trend": 18.5654, "fair_value": 14.92191, "relative_strength": -2.00751, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.546062, "energy": 44.934414, "activity_lines": [ 19.232267, 19.161891, 18.97401, 18.757428 ] }, { "date": "2025-02-07", "close": 18.92, "volume": 424, "typical_volume": 31950.05, "trend": 18.5296, "fair_value": 14.966513, "relative_strength": -6.139725, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.927661, "energy": 38.392269, "activity_lines": [ 19.152133, 19.132764, 18.984972, 18.780306 ] }, { "date": "2025-02-14", "close": 19.224001, "volume": 572, "typical_volume": 29817.05, "trend": 18.517934, "fair_value": 15.014026, "relative_strength": -6.787829, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.629073, "energy": 46.223732, "activity_lines": [ 19.198, 19.153455, 19.0212, 18.825106 ] }, { "date": "2025-02-21", "close": 18.969999, "volume": 450, "typical_volume": 28527.6, "trend": 18.527734, "fair_value": 15.063385, "relative_strength": -8.902772, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.438115, "energy": 29.817728, "activity_lines": [ 19.126133, 19.124182, 19.028153, 18.854271 ] }, { "date": "2025-02-28", "close": 18.804001, "volume": 1977, "typical_volume": 26500.55, "trend": 18.597334, "fair_value": 15.11218, "relative_strength": -10.034194, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.626691, "energy": 17.470381, "activity_lines": [ 18.992, 19.066582, 19.018572, 18.872095 ] }, { "date": "2025-03-07", "close": 18.76, "volume": 270, "typical_volume": 25852.6, "trend": 18.6644, "fair_value": 15.161539, "relative_strength": -9.91614, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.138987, "energy": 10.790962, "activity_lines": [ 18.886267, 19.003055, 19.004648, 18.88259 ] }, { "date": "2025-03-14", "close": 18.76, "volume": 0, "typical_volume": 25797.95, "trend": 18.6892, "fair_value": 15.205962, "relative_strength": -9.924402, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.553117, "energy": 15.455041, "activity_lines": [ 18.827733, 18.950691, 18.989876, 18.888757 ] }, { "date": "2025-03-21", "close": 19.379999, "volume": 482, "typical_volume": 18643.65, "trend": 18.727134, "fair_value": 15.25209, "relative_strength": -7.68576, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.265678, "energy": 17.1375, "activity_lines": [ 18.986533, 19.020691, 19.0314, 18.933325 ] }, { "date": "2025-03-28", "close": 19.534, "volume": 327, "typical_volume": 18162.35, "trend": 18.765734, "fair_value": 15.300154, "relative_strength": -6.126441, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.518131, "energy": 35.898147, "activity_lines": [ 19.186266, 19.106836, 19.083476, 18.985381 ] }, { "date": "2025-04-04", "close": 16.704, "volume": 570, "typical_volume": 16544.6, "trend": 18.7522, "fair_value": 15.33159, "relative_strength": -10.059471, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -46.291895, "energy": 50.126105, "activity_lines": [ 18.405066, 18.666291, 18.862629, 18.852366 ] }, { "date": "2025-04-11", "close": 16.976, "volume": 371, "typical_volume": 12279.0, "trend": 18.737667, "fair_value": 15.364846, "relative_strength": -6.76833, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -59.273633, "energy": 74.336877, "activity_lines": [ 17.854533, 18.325127, 18.676695, 18.737772 ] }, { "date": "2025-04-18", "close": 17.742001, "volume": 82, "typical_volume": 10538.35, "trend": 18.7242, "fair_value": 15.403167, "relative_strength": -7.727816, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.632067, "energy": 77.710239, "activity_lines": [ 17.678267, 18.168546, 18.571962, 18.673536 ] }, { "date": "2025-04-25", "close": 17.936001, "volume": 995, "typical_volume": 6999.95, "trend": 18.716867, "fair_value": 15.44218, "relative_strength": -9.989803, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.143713, "energy": 79.165364, "activity_lines": [ 17.634534, 18.068655, 18.489886, 18.622684 ] }, { "date": "2025-05-02", "close": 18.962, "volume": 1054, "typical_volume": 4716.3, "trend": 18.721667, "fair_value": 15.488539, "relative_strength": -7.104486, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.832992, "energy": 45.725758, "activity_lines": [ 18.029067, 18.178728, 18.510667, 18.638499 ] }, { "date": "2025-05-09", "close": 19.152, "volume": 792, "typical_volume": 1078.0, "trend": 18.734334, "fair_value": 15.53709, "relative_strength": -8.49634, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.630668, "energy": 14.919769, "activity_lines": [ 18.525067, 18.323491, 18.550067, 18.666263 ] }, { "date": "2025-05-16", "close": 19.26, "volume": 537, "typical_volume": 1084.85, "trend": 18.756934, "fair_value": 15.587218, "relative_strength": -10.727892, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 15.475053, "energy": 27.105821, "activity_lines": [ 18.893867, 18.481564, 18.598638, 18.700177 ] }, { "date": "2025-05-23", "close": 19.077999, "volume": 430, "typical_volume": 1097.7, "trend": 18.7868, "fair_value": 15.63618, "relative_strength": -8.738668, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 10.951986, "energy": 29.748985, "activity_lines": [ 19.049733, 18.597455, 18.630419, 18.72089 ] }, { "date": "2025-05-30", "close": 19.77, "volume": 180, "typical_volume": 761.35, "trend": 18.8286, "fair_value": 15.686782, "relative_strength": -6.695864, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.633836, "energy": 41.675664, "activity_lines": [ 19.3472, 18.833382, 18.729114, 18.784323 ] }, { "date": "2025-06-06", "close": 19.507999, "volume": 10, "typical_volume": 745.85, "trend": 18.851534, "fair_value": 15.733872, "relative_strength": -8.888714, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.343607, "energy": 52.858672, "activity_lines": [ 19.435066, 19.014582, 18.797895, 18.828155 ] }, { "date": "2025-06-13", "close": 19.601999, "volume": 250, "typical_volume": 598.7, "trend": 18.885067, "fair_value": 15.786872, "relative_strength": -5.49713, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.118294, "energy": 49.75077, "activity_lines": [ 19.517866, 19.213345, 18.872571, 18.876572 ] }, { "date": "2025-06-20", "close": 19.389999, "volume": 9578, "typical_volume": 967.55, "trend": 18.9078, "fair_value": 15.836628, "relative_strength": -5.809231, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 61.813434, "energy": 57.403879, "activity_lines": [ 19.499999, 19.320872, 18.926333, 18.909148 ] }, { "date": "2025-06-27", "close": 20.16, "volume": 1515, "typical_volume": 1022.1, "trend": 18.959133, "fair_value": 15.892628, "relative_strength": -3.041836, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.861349, "energy": 61.394159, "activity_lines": [ 19.730133, 19.524509, 19.0538, 18.989935 ] }, { "date": "2025-07-04", "close": 19.988001, "volume": 21181, "typical_volume": 2052.55, "trend": 18.991533, "fair_value": 15.945372, "relative_strength": -3.289014, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.727381, "energy": 79.034337, "activity_lines": [ 19.8308, 19.652909, 19.158981, 19.056314 ] }, { "date": "2025-07-11", "close": 19.700001, "volume": 2882, "typical_volume": 2174.15, "trend": 19.012467, "fair_value": 15.997282, "relative_strength": -5.465042, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.157577, "energy": 71.567942, "activity_lines": [ 19.820934, 19.691636, 19.233095, 19.102022 ] }, { "date": "2025-07-18", "close": 19.549999, "volume": 80, "typical_volume": 2079.3, "trend": 19.033533, "fair_value": 16.048231, "relative_strength": -6.427982, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.632756, "energy": 69.598797, "activity_lines": [ 19.748267, 19.689673, 19.289447, 19.136701 ] }, { "date": "2025-07-25", "close": 20.655001, "volume": 1183, "typical_volume": 2124.95, "trend": 19.076233, "fair_value": 16.103981, "relative_strength": -1.979774, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.075281, "energy": 76.878043, "activity_lines": [ 20.0474, 19.881382, 19.447486, 19.241312 ] }, { "date": "2025-08-01", "close": 20.200001, "volume": 7801, "typical_volume": 2515.0, "trend": 19.106567, "fair_value": 16.157327, "relative_strength": -2.200452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.033024, "energy": 63.279377, "activity_lines": [ 20.110534, 19.965, 19.553167, 19.313813 ] }, { "date": "2025-08-08", "close": 21.305, "volume": 7535, "typical_volume": 2867.65, "trend": 19.192467, "fair_value": 16.216051, "relative_strength": -0.960566, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.000235, "energy": 90.834981, "activity_lines": [ 20.539334, 20.229128, 19.757229, 19.455647 ] }, { "date": "2025-08-15", "close": 21.59, "volume": 1093, "typical_volume": 2905.95, "trend": 19.283267, "fair_value": 16.276603, "relative_strength": -1.916587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.064555, "energy": 95.551404, "activity_lines": [ 20.975334, 20.517164, 19.979267, 19.610327 ] }, { "date": "2025-08-22", "close": 21.745001, "volume": 8414, "typical_volume": 3298.15, "trend": 19.359767, "fair_value": 16.338199, "relative_strength": -2.56336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.968437, "energy": 94.403356, "activity_lines": [ 21.337001, 20.795528, 20.206276, 19.769148 ] }, { "date": "2025-08-29", "close": 21.254999, "volume": 1022, "typical_volume": 3330.7, "trend": 19.419333, "fair_value": 16.398551, "relative_strength": -2.131771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.365609, "energy": 88.368229, "activity_lines": [ 21.389, 20.945837, 20.362614, 19.891422 ] }, { "date": "2025-09-05", "close": 21.280001, "volume": 10834, "typical_volume": 3868.3, "trend": 19.498, "fair_value": 16.458821, "relative_strength": -0.622629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.793131, "energy": 86.385976, "activity_lines": [ 21.409334, 21.066782, 20.500957, 20.011465 ] }, { "date": "2025-09-12", "close": 21.959999, "volume": 936, "typical_volume": 3865.35, "trend": 19.5892, "fair_value": 16.523449, "relative_strength": 0.255377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.375264, "energy": 71.845658, "activity_lines": [ 21.584333, 21.291, 20.687214, 20.170303 ] }, { "date": "2025-09-19", "close": 22.08, "volume": 2913, "typical_volume": 3958.3, "trend": 19.692867, "fair_value": 16.591, "relative_strength": 1.467619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.85635, "energy": 69.991578, "activity_lines": [ 21.755667, 21.501182, 20.865738, 20.331 ] }, { "date": "2025-09-26", "close": 22.219999, "volume": 7033, "typical_volume": 4270.35, "trend": 19.806733, "fair_value": 16.660308, "relative_strength": 1.318024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.535281, "energy": 71.008995, "activity_lines": [ 21.941, 21.693545, 21.042748, 20.494041 ] }, { "date": "2025-10-03", "close": 22.305, "volume": 41255, "typical_volume": 6306.25, "trend": 19.9249, "fair_value": 16.729391, "relative_strength": 0.433965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.391809, "energy": 70.011601, "activity_lines": [ 22.123, 21.852818, 21.213243, 20.655219 ] }, { "date": "2025-10-10", "close": 22.184999, "volume": 16258, "typical_volume": 7097.65, "trend": 20.039067, "fair_value": 16.796898, "relative_strength": 2.843543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.875939, "energy": 65.490436, "activity_lines": [ 22.194999, 21.960272, 21.357809, 20.801032 ] }, { "date": "2025-10-17", "close": 22.700001, "volume": 2898, "typical_volume": 7233.55, "trend": 20.149733, "fair_value": 16.867795, "relative_strength": 5.899152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.597209, "energy": 69.727677, "activity_lines": [ 22.378333, 22.125273, 21.536629, 20.972705 ] }, { "date": "2025-10-24", "close": 23.17, "volume": 141, "typical_volume": 7240.1, "trend": 20.270933, "fair_value": 16.940423, "relative_strength": 6.147594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.659825, "energy": 73.931436, "activity_lines": [ 22.669, 22.350364, 21.746257, 21.167561 ] }, { "date": "2025-10-31", "close": 23.77, "volume": 117, "typical_volume": 7233.45, "trend": 20.506467, "fair_value": 17.016667, "relative_strength": 7.094608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.37355, "energy": 82.85365, "activity_lines": [ 23.087, 22.655818, 21.99559, 21.393307 ] }, { "date": "2025-11-07", "close": 23.465, "volume": 471, "typical_volume": 6778.1, "trend": 20.722767, "fair_value": 17.089135, "relative_strength": 6.392458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.491784, "energy": 90.663293, "activity_lines": [ 23.3, 22.869, 22.196029, 21.584181 ] }, { "date": "2025-11-14", "close": 23.805, "volume": 70, "typical_volume": 6705.85, "trend": 20.924867, "fair_value": 17.163474, "relative_strength": 5.302795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.477816, "energy": 92.506718, "activity_lines": [ 23.549, 23.103818, 22.409443, 21.783034 ] }, { "date": "2025-11-21", "close": 23.334999, "volume": 2376, "typical_volume": 5765.6, "trend": 21.104833, "fair_value": 17.234801, "relative_strength": 6.49507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.128264, "energy": 75.229397, "activity_lines": [ 23.533333, 23.207273, 22.560738, 21.938527 ] }, { "date": "2025-11-28", "close": 23.91, "volume": 1165, "typical_volume": 5679.75, "trend": 21.269767, "fair_value": 17.309083, "relative_strength": 7.393269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.497686, "energy": 70.632683, "activity_lines": [ 23.667, 23.390273, 22.750857, 22.119505 ] }, { "date": "2025-12-05", "close": 23.629999, "volume": 1217, "typical_volume": 5736.6, "trend": 21.419033, "fair_value": 17.381571, "relative_strength": 5.962475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.646461, "energy": 64.904334, "activity_lines": [ 23.657999, 23.489091, 22.894262, 22.271778 ] }, { "date": "2025-12-12", "close": 23.629999, "volume": 0, "typical_volume": 5677.45, "trend": 21.5647, "fair_value": 17.45534, "relative_strength": 5.779509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.667833, "energy": 62.849728, "activity_lines": [ 23.658333, 23.562272, 23.018238, 22.414421 ] }, { "date": "2025-12-19", "close": 24.360001, "volume": 2170, "typical_volume": 5395.9, "trend": 21.740767, "fair_value": 17.536083, "relative_strength": 6.080113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.456152, "energy": 70.949289, "activity_lines": [ 23.891, 23.744091, 23.197571, 22.594763 ] }, { "date": "2025-12-26", "close": 24.379999, "volume": 50, "typical_volume": 5021.65, "trend": 21.894433, "fair_value": 17.617301, "relative_strength": 6.608851, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.2294, "energy": 68.740791, "activity_lines": [ 24.093333, 23.89, 23.359, 22.765036 ] }, { "date": "2026-01-02", "close": 24.385, "volume": 30156, "typical_volume": 6474.8, "trend": 22.057, "fair_value": 17.699821, "relative_strength": 4.937679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.647752, "energy": 70.864495, "activity_lines": [ 24.227666, 24.006272, 23.506262, 22.925718 ] }, { "date": "2026-01-09", "close": 25.615, "volume": 4535, "typical_volume": 6280.85, "trend": 22.257433, "fair_value": 17.788404, "relative_strength": 9.290026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.325417, "energy": 92.419244, "activity_lines": [ 24.740333, 24.324091, 23.757357, 23.155267 ] }, { "date": "2026-01-16", "close": 25.93, "volume": 837, "typical_volume": 6271.6, "trend": 22.475433, "fair_value": 17.877032, "relative_strength": 10.248219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.911499, "energy": 96.721243, "activity_lines": [ 25.225667, 24.665636, 24.020024, 23.392206 ] }, { "date": "2026-01-23", "close": 25.52, "volume": 1619, "typical_volume": 5810.85, "trend": 22.6541, "fair_value": 17.961468, "relative_strength": 10.715304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.516927, "energy": 90.133923, "activity_lines": [ 25.421, 24.887818, 24.221381, 23.58863 ] }, { "date": "2026-01-30", "close": 25.445, "volume": 11840, "typical_volume": 6356.05, "trend": 22.836, "fair_value": 18.045423, "relative_strength": 8.60271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.453217, "energy": 87.514567, "activity_lines": [ 25.514, 25.065182, 24.395405, 23.768688 ] }, { "date": "2026-02-06", "close": 26.715, "volume": 692, "typical_volume": 6245.0, "trend": 23.069833, "fair_value": 18.137314, "relative_strength": 12.85082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.267996, "energy": 89.123011, "activity_lines": [ 25.959333, 25.435091, 24.673786, 24.018946 ] }, { "date": "2026-02-13", "close": 27.469999, "volume": 5293, "typical_volume": 6158.0, "trend": 23.333833, "fair_value": 18.233635, "relative_strength": 16.750865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.47267, "energy": 79.521722, "activity_lines": [ 26.501, 25.891273, 25.002, 24.302828 ] }, { "date": "2026-02-20", "close": 27.025, "volume": 1080, "typical_volume": 4149.25, "trend": 23.546167, "fair_value": 18.327923, "relative_strength": 11.919429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.387924, "energy": 75.746592, "activity_lines": [ 26.770666, 26.196727, 25.262833, 24.540968 ] }, { "date": "2026-02-27", "close": 27.735001, "volume": 1016, "typical_volume": 3387.15, "trend": 23.797333, "fair_value": 18.42466, "relative_strength": 12.645501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.37002, "energy": 86.339398, "activity_lines": [ 27.204, 26.569545, 25.568809, 24.811215 ] }, { "date": "2026-03-06", "close": 25.76, "volume": 4484, "typical_volume": 3466.45, "trend": 23.945833, "fair_value": 18.507532, "relative_strength": 11.470287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.915036, "energy": 65.712241, "activity_lines": [ 26.831333, 26.521909, 25.660262, 24.937839 ] }, { "date": "2026-03-13", "close": 25.495001, "volume": 5284, "typical_volume": 3723.6, "trend": 24.076, "fair_value": 18.595397, "relative_strength": 9.550683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.758759, "energy": 46.140567, "activity_lines": [ 26.349334, 26.401, 25.711905, 25.037785 ] }, { "date": "2026-03-20", "close": 25.004999, "volume": 22868, "typical_volume": 4861.15, "trend": 24.184666, "fair_value": 18.680122, "relative_strength": 10.793156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.673453, "energy": 23.541689, "activity_lines": [ 25.785333, 26.170818, 25.705809, 25.09772 ] }, { "date": "2026-03-27", "close": 25.504999, "volume": 10137, "typical_volume": 5344.45, "trend": 24.326333, "fair_value": 18.763192, "relative_strength": 11.266999, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.558412, "energy": 29.485099, "activity_lines": [ 25.552333, 26.042636, 25.741452, 25.182903 ] }, { "date": "2026-04-03", "close": 26.0, "volume": 19840, "typical_volume": 6332.95, "trend": 24.483666, "fair_value": 18.849436, "relative_strength": 7.499399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.973642, "energy": 23.956065, "activity_lines": [ 25.585666, 26.012182, 25.814524, 25.290882 ] }, { "date": "2026-04-10", "close": 26.885, "volume": 21122, "typical_volume": 7270.25, "trend": 24.647833, "fair_value": 18.941353, "relative_strength": 6.272471, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.727194, "energy": 23.259183, "activity_lines": [ 26.029666, 26.133909, 25.961428, 25.445806 ] }, { "date": "2026-04-17", "close": 27.440001, "volume": 11025, "typical_volume": 7763.25, "trend": 24.8265, "fair_value": 19.034635, "relative_strength": 5.408789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.424319, "energy": 44.008452, "activity_lines": [ 26.583667, 26.330364, 26.144286, 25.625946 ] }, { "date": "2026-04-24", "close": 26.625, "volume": 32122, "typical_volume": 9308.5, "trend": 24.973333, "fair_value": 19.121692, "relative_strength": 4.585123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.666577, "energy": 42.155249, "activity_lines": [ 26.736334, 26.365455, 26.232714, 25.741978 ] }, { "date": "2026-05-01", "close": 26.66, "volume": 1870, "typical_volume": 9402.0, "trend": 25.1185, "fair_value": 19.2085, "relative_strength": 3.226959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.743423, "energy": 48.649139, "activity_lines": [ 26.792667, 26.422273, 26.310214, 25.850796 ] }, { "date": "2026-05-08", "close": 27.59, "volume": 18234, "typical_volume": 10205.2, "trend": 25.298667, "fair_value": 19.301269, "relative_strength": 4.290627, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.501983, "energy": 58.484399, "activity_lines": [ 27.082, 26.654818, 26.461857, 26.010247 ] }, { "date": "2026-05-15", "close": 27.75, "volume": 6357, "typical_volume": 10520.55, "trend": 25.467, "fair_value": 19.39109, "relative_strength": 4.923956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.092297, "energy": 53.73708, "activity_lines": [ 27.318667, 26.919091, 26.613357, 26.168398 ] }, { "date": "2026-05-22", "close": 28.07, "volume": 4920, "typical_volume": 9258.75, "trend": 25.630333, "fair_value": 19.481808, "relative_strength": 4.973544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.877911, "energy": 61.455373, "activity_lines": [ 27.604333, 27.205364, 26.779286, 26.336333 ] }, { "date": "2026-05-29", "close": 28.49, "volume": 3738, "typical_volume": 9218.9, "trend": 25.787667, "fair_value": 19.576282, "relative_strength": 5.13893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.452909, "energy": 73.853946, "activity_lines": [ 27.988, 27.521182, 26.967667, 26.520828 ] }, { "date": "2026-06-05", "close": 28.57, "volume": 1727, "typical_volume": 9263.4, "trend": 25.957833, "fair_value": 19.667282, "relative_strength": 5.393558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.289136, "energy": 80.515135, "activity_lines": [ 28.274, 27.788182, 27.149976, 26.700333 ] }, { "date": "2026-06-12", "close": 28.73, "volume": 1561, "typical_volume": 9260.5, "trend": 26.122, "fair_value": 19.755949, "relative_strength": 2.461893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.278506, "energy": 82.952457, "activity_lines": [ 28.486, 28.028545, 27.334952, 26.879183 ] }, { "date": "2026-06-19", "close": 30.075001, "volume": 1493, "typical_volume": 8743.15, "trend": 26.346667, "fair_value": 19.855596, "relative_strength": 4.239277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.35226, "energy": 93.452144, "activity_lines": [ 29.070334, 28.463818, 27.632738, 27.134215 ] }, { "date": "2026-06-26", "close": 29.26, "volume": 2100, "typical_volume": 8813.55, "trend": 26.525, "fair_value": 19.947968, "relative_strength": 4.314745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.258915, "energy": 85.433972, "activity_lines": [ 29.228, 28.692909, 27.830857, 27.322172 ] }, { "date": "2026-07-03", "close": 29.235001, "volume": 0, "typical_volume": 8548.9, "trend": 26.711833, "fair_value": 20.042064, "relative_strength": 0.985163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.357648, "energy": 84.562811, "activity_lines": [ 29.298001, 28.884364, 28.014476, 27.497011 ] }, { "date": "2026-07-10", "close": 29.775, "volume": 66413, "typical_volume": 11815.55, "trend": 26.916667, "fair_value": 20.140212, "relative_strength": 2.982463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.328424, "energy": 86.777511, "activity_lines": [ 29.498334, 29.126546, 28.241119, 27.694635 ] }, { "date": "2026-07-17", "close": 28.52, "volume": 11714, "typical_volume": 12350.45, "trend": 27.055333, "fair_value": 20.22925, "relative_strength": -0.192589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.525339, "energy": 54.128951, "activity_lines": [ 29.2, 29.083909, 28.335143, 27.798075 ] }, { "date": "2026-07-24", "close": 29.285, "volume": 22656, "typical_volume": 13259.05, "trend": 27.218833, "fair_value": 20.320756, "relative_strength": 2.434843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.278714, "energy": 50.104469, "activity_lines": [ 29.170667, 29.163455, 28.498286, 27.941925 ] }, { "date": "2026-07-31", "close": 28.540001, "volume": 26501, "typical_volume": 14319.9, "trend": 27.357333, "fair_value": 20.40941, "relative_strength": -1.023397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.165225, "energy": 35.484798, "activity_lines": [ 28.945667, 29.079637, 28.573691, 28.027161 ] }, { "date": "2026-08-07", "close": 29.715, "volume": 58266, "typical_volume": 16089.8, "trend": 27.494, "fair_value": 20.504583, "relative_strength": -0.054279, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.033218, "energy": 37.782786, "activity_lines": [ 29.160334, 29.200909, 28.7465, 28.179269 ] } ], "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." } } }