{ "ticker": { "uuid": "8124c350-6ef7-4470-a8a9-61d754bd9a29", "symbol": "XMUJ", "name": "Xtrackers MSCI Japan UCITS ETF 2D USD Hedged", "exchange": "LSE", "country": "GB", "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": "^FTSE", "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": 59.46, "architecture_energy": 36.584, "architecture_maturity": 61.658, "architecture_confidence": 79.693, "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": 20.71, "rotation_up": 41.87, "upward_expansion": 69.13, "deceleration": 82.65, "rotation_down": 27.29, "downward_expansion": 16.79 }, "activity_lines": [ 69.270334, 69.433182, 68.370881, 66.962323 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 70.695, "trend_reference": 65.234647, "distance_from_trend": 0.083703, "trend_direction": "Improving", "fair_value": 47.477184, "distance_from_fair_value": 0.489031, "fair_value_direction": "Improving", "relative_strength": 8.05647, "relative_strength_direction": "Weakening", "price_momentum": 0.11808, "excess_performance": 0.066844, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083703, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.068701, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.489031, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.008242, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.080565, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.055666, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.11808, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.389488, "read": "Demand-led" } ], "volume": { "latest": 16850, "relative_activity": 0.328, "balance": 7.389488, "dry_up": 0.454455, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.030296, "annualized_volatility": 0.20799, "from_high_reference": -0.011259, "from_low_reference": 0.427297 }, "levels": { "trend_reference": 65.234647, "fair_value_reference": 47.477184, "structural_low": 58.490002, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.049232, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.020288, "regime_survival": 0.25, "best_return": 0.072107, "worst_return": -0.026349, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.061596, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.053462, "regime_survival": 0.125, "best_return": 0.174903, "worst_return": -0.096045, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.124831, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.067687, "regime_survival": 0.0, "best_return": 0.230805, "worst_return": -0.030567, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.249209, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.128116, "regime_survival": 0.666667, "best_return": 0.259437, "worst_return": -0.017956, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": 0.096655, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-23", "end": "2024-09-27", "tenure": "Developing", "return": -0.0045, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-12-06", "tenure": "Developing", "return": 0.012661, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": -0.009401, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-03-07", "tenure": "Developing", "return": -0.034057, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.00249, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.075136, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.02498, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.010279, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.030092, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2026-03-20", "tenure": "Extended", "return": 0.319845, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.096254, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-31", "tenure": "Established", "return": 0.069681, "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": 32.391811, "volume": 1834, "typical_volume": 23558.7, "trend": 30.267873, "fair_value": 26.3964, "relative_strength": 16.975911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.188474, "energy": 54.939047, "activity_lines": [ 33.000661, 32.98968, 32.405114, 31.476022 ] }, { "date": "2023-08-25", "close": 32.936829, "volume": 23925, "typical_volume": 24028.45, "trend": 30.442835, "fair_value": 26.474346, "relative_strength": 17.185081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.721544, "energy": 42.706644, "activity_lines": [ 32.940431, 32.977003, 32.54082, 31.648213 ] }, { "date": "2023-09-01", "close": 34.051414, "volume": 481, "typical_volume": 23971.8, "trend": 30.654132, "fair_value": 26.559438, "relative_strength": 18.554206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.475493, "energy": 57.74993, "activity_lines": [ 33.262858, 33.175994, 32.758313, 31.881024 ] }, { "date": "2023-09-08", "close": 34.336201, "volume": 1704, "typical_volume": 24057.0, "trend": 30.874268, "fair_value": 26.643818, "relative_strength": 18.767237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.446791, "energy": 62.439381, "activity_lines": [ 33.656646, 33.40043, 32.977279, 32.118577 ] }, { "date": "2023-09-15", "close": 35.239658, "volume": 9138, "typical_volume": 23752.5, "trend": 31.12239, "fair_value": 26.734327, "relative_strength": 17.656452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.716486, "energy": 89.811489, "activity_lines": [ 34.264187, 33.771007, 33.256686, 32.400215 ] }, { "date": "2023-09-22", "close": 34.729012, "volume": 18909, "typical_volume": 23228.1, "trend": 31.359547, "fair_value": 26.822348, "relative_strength": 15.862611, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.905341, "energy": 87.46638, "activity_lines": [ 34.576797, 34.002317, 33.459052, 32.6329 ] }, { "date": "2023-09-29", "close": 34.18399, "volume": 20653, "typical_volume": 24181.75, "trend": 31.55415, "fair_value": 26.906413, "relative_strength": 14.72079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.645921, "energy": 81.547266, "activity_lines": [ 34.551919, 34.092484, 33.584376, 32.815123 ] }, { "date": "2023-10-06", "close": 33.383648, "volume": 48731, "typical_volume": 26583.0, "trend": 31.725021, "fair_value": 26.983456, "relative_strength": 13.318781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.19278, "energy": 53.429131, "activity_lines": [ 34.177117, 34.017494, 33.613322, 32.933155 ] }, { "date": "2023-10-13", "close": 33.791183, "volume": 12680, "typical_volume": 24709.05, "trend": 31.953013, "fair_value": 27.064573, "relative_strength": 12.744538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.517535, "energy": 34.369309, "activity_lines": [ 33.982677, 34.022315, 33.668829, 33.066455 ] }, { "date": "2023-10-20", "close": 33.093952, "volume": 13926, "typical_volume": 19341.3, "trend": 32.150725, "fair_value": 27.141374, "relative_strength": 12.945606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.022153, "energy": 22.410933, "activity_lines": [ 33.592162, 33.886439, 33.645331, 33.140064 ] }, { "date": "2023-10-27", "close": 32.95647, "volume": 12936, "typical_volume": 17101.3, "trend": 32.298028, "fair_value": 27.219831, "relative_strength": 13.756406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.540967, "energy": 21.737976, "activity_lines": [ 33.298866, 33.730567, 33.603034, 33.192048 ] }, { "date": "2023-11-03", "close": 35.254391, "volume": 51514, "typical_volume": 16641.3, "trend": 32.545823, "fair_value": 27.30699, "relative_strength": 18.968644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.242151, "energy": 28.047863, "activity_lines": [ 33.889714, 33.982231, 33.775986, 33.382781 ] }, { "date": "2023-11-10", "close": 34.63081, "volume": 19423, "typical_volume": 15694.8, "trend": 32.744682, "fair_value": 27.385278, "relative_strength": 17.216951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.840915, "energy": 33.045411, "activity_lines": [ 34.201341, 34.07838, 33.880875, 33.517296 ] }, { "date": "2023-11-17", "close": 35.480255, "volume": 15052, "typical_volume": 16215.7, "trend": 32.962035, "fair_value": 27.466796, "relative_strength": 17.21206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.633731, "energy": 57.765292, "activity_lines": [ 34.712972, 34.318439, 34.057007, 33.693785 ] }, { "date": "2023-11-24", "close": 35.666836, "volume": 28179, "typical_volume": 17384.3, "trend": 33.175132, "fair_value": 27.544973, "relative_strength": 17.509503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.417174, "energy": 75.885446, "activity_lines": [ 35.174192, 34.57162, 34.240714, 33.868288 ] }, { "date": "2023-12-01", "close": 35.352589, "volume": 2198, "typical_volume": 16035.75, "trend": 33.371863, "fair_value": 27.621628, "relative_strength": 15.228441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.358604, "energy": 73.182573, "activity_lines": [ 35.359138, 34.759899, 34.380301, 34.008769 ] }, { "date": "2023-12-08", "close": 34.606258, "volume": 7927, "typical_volume": 16252.8, "trend": 33.527022, "fair_value": 27.694207, "relative_strength": 11.928694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.21172, "energy": 62.351418, "activity_lines": [ 35.135565, 34.801144, 34.434826, 34.088408 ] }, { "date": "2023-12-15", "close": 34.434402, "volume": 428, "typical_volume": 16119.1, "trend": 33.647809, "fair_value": 27.763777, "relative_strength": 10.5885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.310905, "energy": 37.39551, "activity_lines": [ 34.897916, 34.803464, 34.465829, 34.146948 ] }, { "date": "2023-12-22", "close": 34.837029, "volume": 9695, "typical_volume": 15599.4, "trend": 33.770889, "fair_value": 27.837435, "relative_strength": 9.599089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.757021, "energy": 24.575225, "activity_lines": [ 34.807569, 34.859885, 34.531671, 34.223672 ] }, { "date": "2023-12-29", "close": 35.38205, "volume": 20042, "typical_volume": 15968.75, "trend": 33.887094, "fair_value": 27.911157, "relative_strength": 10.240451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.197278, "energy": 26.820785, "activity_lines": [ 34.941778, 34.996385, 34.640792, 34.327618 ] }, { "date": "2024-01-05", "close": 35.956532, "volume": 5775, "typical_volume": 16165.8, "trend": 34.012301, "fair_value": 27.984241, "relative_strength": 11.993991, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.631817, "energy": 43.731541, "activity_lines": [ 35.286467, 35.195735, 34.795039, 34.46113 ] }, { "date": "2024-01-12", "close": 37.52285, "volume": 33168, "typical_volume": 16627.95, "trend": 34.148638, "fair_value": 28.068042, "relative_strength": 17.009235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.320543, "energy": 82.690361, "activity_lines": [ 36.112999, 35.625323, 35.081484, 34.687617 ] }, { "date": "2024-01-19", "close": 37.83709, "volume": 23940, "typical_volume": 17800.9, "trend": 34.323109, "fair_value": 28.153581, "relative_strength": 19.699914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.912844, "energy": 92.067688, "activity_lines": [ 36.849838, 36.070801, 35.376018, 34.925582 ] }, { "date": "2024-01-26", "close": 37.866554, "volume": 32090, "typical_volume": 19320.2, "trend": 34.474013, "fair_value": 28.242137, "relative_strength": 16.33948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.062568, "energy": 91.87845, "activity_lines": [ 37.369653, 36.46334, 35.655332, 35.154191 ] }, { "date": "2024-02-02", "close": 38.347736, "volume": 46711, "typical_volume": 21198.85, "trend": 34.662723, "fair_value": 28.327658, "relative_strength": 17.312245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.901358, "energy": 93.997606, "activity_lines": [ 37.847893, 36.89998, 35.963661, 35.404109 ] }, { "date": "2024-02-09", "close": 38.740547, "volume": 11413, "typical_volume": 20824.05, "trend": 34.87353, "fair_value": 28.411576, "relative_strength": 18.338253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.150499, "energy": 94.086229, "activity_lines": [ 38.259358, 37.359296, 36.294601, 35.667194 ] }, { "date": "2024-02-16", "close": 39.820766, "volume": 3409, "typical_volume": 19961.85, "trend": 35.097429, "fair_value": 28.501434, "relative_strength": 18.552058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.995351, "energy": 97.159937, "activity_lines": [ 38.845295, 37.953416, 36.709316, 35.986371 ] }, { "date": "2024-02-23", "close": 40.623676, "volume": 59582, "typical_volume": 20504.4, "trend": 35.328289, "fair_value": 28.601945, "relative_strength": 20.090526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.0557, "energy": 97.676685, "activity_lines": [ 39.545674, 38.598711, 37.173657, 36.342903 ] }, { "date": "2024-03-01", "close": 41.25996, "volume": 15253, "typical_volume": 20633.05, "trend": 35.602781, "fair_value": 28.706749, "relative_strength": 21.390063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.553237, "energy": 97.072105, "activity_lines": [ 40.272375, 39.247161, 37.66412, 36.725591 ] }, { "date": "2024-03-08", "close": 41.220501, "volume": 11035, "typical_volume": 20488.5, "trend": 35.8645, "fair_value": 28.806625, "relative_strength": 20.724733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.939473, "energy": 93.569888, "activity_lines": [ 40.759697, 39.771656, 38.115259, 37.088025 ] }, { "date": "2024-03-15", "close": 40.579281, "volume": 9500, "typical_volume": 20316.7, "trend": 36.137416, "fair_value": 28.898301, "relative_strength": 17.009389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.548697, "energy": 84.44794, "activity_lines": [ 40.84176, 40.073413, 38.466632, 37.392204 ] }, { "date": "2024-03-22", "close": 42.70517, "volume": 30334, "typical_volume": 19257.7, "trend": 36.463027, "fair_value": 29.004527, "relative_strength": 19.103534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.702139, "energy": 76.667089, "activity_lines": [ 41.509872, 40.677644, 38.984172, 37.81593 ] }, { "date": "2024-03-29", "close": 42.424023, "volume": 2621, "typical_volume": 18417.6, "trend": 36.742114, "fair_value": 29.109289, "relative_strength": 17.201259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.388502, "energy": 72.896512, "activity_lines": [ 41.891973, 41.136534, 39.439455, 38.200511 ] }, { "date": "2024-04-05", "close": 41.708813, "volume": 11537, "typical_volume": 18241.85, "trend": 36.987868, "fair_value": 29.209527, "relative_strength": 15.01277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.787257, "energy": 67.296122, "activity_lines": [ 41.915649, 41.381987, 39.789513, 38.520943 ] }, { "date": "2024-04-12", "close": 41.837055, "volume": 19166, "typical_volume": 17791.2, "trend": 37.207781, "fair_value": 29.31105, "relative_strength": 13.391735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.570016, "energy": 67.109415, "activity_lines": [ 41.952148, 41.580898, 40.122125, 38.833794 ] }, { "date": "2024-04-19", "close": 40.732189, "volume": 322, "typical_volume": 17697.4, "trend": 37.407887, "fair_value": 29.408595, "relative_strength": 11.096958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.336844, "energy": 62.274649, "activity_lines": [ 41.579255, 41.515481, 40.320129, 39.061175 ] }, { "date": "2024-04-26", "close": 41.649628, "volume": 28991, "typical_volume": 18750.6, "trend": 37.656741, "fair_value": 29.5137, "relative_strength": 9.561327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.006565, "energy": 54.736929, "activity_lines": [ 41.501981, 41.58066, 40.579891, 39.334836 ] }, { "date": "2024-05-03", "close": 41.708813, "volume": 10859, "typical_volume": 19272.15, "trend": 37.934247, "fair_value": 29.616681, "relative_strength": 8.157172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.974633, "energy": 50.689611, "activity_lines": [ 41.514804, 41.623348, 40.81175, 39.59626 ] }, { "date": "2024-05-10", "close": 41.906113, "volume": 8483, "typical_volume": 19211.55, "trend": 38.204745, "fair_value": 29.724745, "relative_strength": 5.352819, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.174712, "energy": 47.797221, "activity_lines": [ 41.641076, 41.682179, 41.02776, 39.852509 ] }, { "date": "2024-05-17", "close": 42.300709, "volume": 9132, "typical_volume": 18666.05, "trend": 38.511637, "fair_value": 29.833835, "relative_strength": 6.060564, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.604439, "energy": 58.918828, "activity_lines": [ 41.885725, 41.801007, 41.247688, 40.116765 ] }, { "date": "2024-05-24", "close": 42.567059, "volume": 19046, "typical_volume": 19329.6, "trend": 38.831989, "fair_value": 29.94069, "relative_strength": 7.594354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.047727, "energy": 61.735244, "activity_lines": [ 42.188248, 41.948621, 41.460036, 40.378405 ] }, { "date": "2024-05-31", "close": 42.833412, "volume": 4276, "typical_volume": 17885.0, "trend": 39.084624, "fair_value": 30.04822, "relative_strength": 8.388838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.972935, "energy": 63.905119, "activity_lines": [ 42.457231, 42.108522, 41.666273, 40.636561 ] }, { "date": "2024-06-07", "close": 42.863007, "volume": 2016063, "typical_volume": 117491.15, "trend": 39.35903, "fair_value": 30.15619, "relative_strength": 8.447637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.920249, "energy": 65.689336, "activity_lines": [ 42.657159, 42.271472, 41.85004, 40.880328 ] }, { "date": "2024-06-14", "close": 42.340168, "volume": 654612, "typical_volume": 148617.25, "trend": 39.587694, "fair_value": 30.263656, "relative_strength": 8.063365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.882239, "energy": 55.882012, "activity_lines": [ 42.605862, 42.331379, 41.960079, 41.072659 ] }, { "date": "2024-06-21", "close": 42.285912, "volume": 3935, "typical_volume": 146478.45, "trend": 39.80833, "fair_value": 30.367145, "relative_strength": 6.410218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.704864, "energy": 53.015587, "activity_lines": [ 42.507542, 42.369942, 42.043649, 41.246738 ] }, { "date": "2024-06-28", "close": 44.214497, "volume": 10991, "typical_volume": 146457.35, "trend": 40.103727, "fair_value": 30.484154, "relative_strength": 11.825537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.06968, "energy": 63.455124, "activity_lines": [ 43.053071, 42.750996, 42.29214, 41.531007 ] }, { "date": "2024-07-05", "close": 45.102341, "volume": 23041, "typical_volume": 147438.95, "trend": 40.453596, "fair_value": 30.607104, "relative_strength": 13.071571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.196205, "energy": 76.714943, "activity_lines": [ 43.784718, 43.230161, 42.599121, 41.853498 ] }, { "date": "2024-07-12", "close": 45.393353, "volume": 23470, "typical_volume": 145633.35, "trend": 40.818894, "fair_value": 30.733704, "relative_strength": 12.617638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.868334, "energy": 91.69034, "activity_lines": [ 44.462107, 43.699461, 42.908668, 42.172192 ] }, { "date": "2024-07-19", "close": 44.372337, "volume": 137370, "typical_volume": 151739.2, "trend": 41.136738, "fair_value": 30.852256, "relative_strength": 10.90699, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.087936, "energy": 85.411039, "activity_lines": [ 44.630468, 43.91613, 43.098262, 42.401446 ] }, { "date": "2024-07-26", "close": 42.285912, "volume": 214271, "typical_volume": 161901.0, "trend": 41.366867, "fair_value": 30.960094, "relative_strength": 3.739386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.604403, "energy": 50.842157, "activity_lines": [ 43.967876, 43.708609, 43.074328, 42.475587 ] }, { "date": "2024-08-02", "close": 37.457043, "volume": 289478, "typical_volume": 175899.9, "trend": 41.416884, "fair_value": 31.034819, "relative_strength": -6.938089, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -9.606549, "energy": 20.364807, "activity_lines": [ 41.695661, 42.62338, 42.585428, 42.22334 ] }, { "date": "2024-08-09", "close": 37.881233, "volume": 59098, "typical_volume": 177338.1, "trend": 41.42883, "fair_value": 31.11098, "relative_strength": -5.882701, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.414891, "energy": 47.828427, "activity_lines": [ 40.01534, 41.708187, 42.151795, 41.995234 ] }, { "date": "2024-08-16", "close": 41.077461, "volume": 23577, "typical_volume": 178385.9, "trend": 41.536842, "fair_value": 31.213168, "relative_strength": 0.110458, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.166959, "energy": 39.88475, "activity_lines": [ 39.881835, 41.464165, 42.045536, 41.972565 ] }, { "date": "2024-08-23", "close": 41.649628, "volume": 41419, "typical_volume": 179880.0, "trend": 41.662945, "fair_value": 31.314831, "relative_strength": 1.102926, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.199402, "energy": 36.868874, "activity_lines": [ 40.226779, 41.356638, 42.000181, 41.979841 ] }, { "date": "2024-08-30", "close": 42.16753, "volume": 18007, "typical_volume": 179822.05, "trend": 41.790271, "fair_value": 31.411739, "relative_strength": 1.57733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.935352, "energy": 22.865646, "activity_lines": [ 40.92587, 41.35583, 42.004433, 42.012395 ] }, { "date": "2024-09-06", "close": 38.892384, "volume": 14230, "typical_volume": 180517.45, "trend": 41.795332, "fair_value": 31.483148, "relative_strength": -4.138379, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.930702, "energy": 22.127269, "activity_lines": [ 40.541139, 40.761694, 41.695191, 41.825435 ] }, { "date": "2024-09-13", "close": 39.612518, "volume": 58185, "typical_volume": 181977.15, "trend": 41.788391, "fair_value": 31.55889, "relative_strength": -3.526101, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -57.427941, "energy": 30.950347, "activity_lines": [ 40.300762, 40.395257, 41.463295, 41.684608 ] }, { "date": "2024-09-20", "close": 41.363541, "volume": 11950, "typical_volume": 182031.7, "trend": 41.813053, "fair_value": 31.646358, "relative_strength": 1.067719, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -38.192306, "energy": 23.061142, "activity_lines": [ 40.528641, 40.447003, 41.407864, 41.657198 ] }, { "date": "2024-09-27", "close": 41.462189, "volume": 121090, "typical_volume": 187662.05, "trend": 41.819794, "fair_value": 31.741562, "relative_strength": 0.013776, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.56908, "energy": 23.665082, "activity_lines": [ 40.770331, 40.589954, 41.363471, 41.634562 ] }, { "date": "2024-10-04", "close": 42.853142, "volume": 48741, "typical_volume": 189642.5, "trend": 41.874215, "fair_value": 31.847591, "relative_strength": 3.582647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.43241, "energy": 11.187961, "activity_lines": [ 41.488167, 41.038717, 41.453665, 41.701229 ] }, { "date": "2024-10-11", "close": 42.803814, "volume": 3842, "typical_volume": 188882.3, "trend": 41.948366, "fair_value": 31.947452, "relative_strength": 3.505957, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.895003, "energy": 13.748757, "activity_lines": [ 42.143854, 41.468198, 41.53653, 41.761203 ] }, { "date": "2024-10-18", "close": 42.3451, "volume": 1503, "typical_volume": 188743.65, "trend": 41.936364, "fair_value": 32.046751, "relative_strength": 0.884751, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.569344, "energy": 17.517027, "activity_lines": [ 42.385873, 41.717063, 41.57458, 41.786799 ] }, { "date": "2024-10-25", "close": 41.506584, "volume": 744, "typical_volume": 87977.7, "trend": 41.905783, "fair_value": 32.140612, "relative_strength": 0.003705, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.339613, "energy": 15.453046, "activity_lines": [ 42.166216, 41.732309, 41.535097, 41.759071 ] }, { "date": "2024-11-01", "close": 42.29084, "volume": 97104, "typical_volume": 60102.3, "trend": 41.925184, "fair_value": 32.235464, "relative_strength": 2.621065, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.323271, "energy": 17.766931, "activity_lines": [ 42.19844, 41.882345, 41.576764, 41.783914 ] }, { "date": "2024-11-08", "close": 42.946857, "volume": 50897, "typical_volume": 62450.4, "trend": 41.962177, "fair_value": 32.334615, "relative_strength": 5.31859, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.499214, "energy": 25.320198, "activity_lines": [ 42.394094, 42.139998, 41.681144, 41.849828 ] }, { "date": "2024-11-15", "close": 42.404289, "volume": 148973, "typical_volume": 69349.5, "trend": 42.017914, "fair_value": 32.430288, "relative_strength": 3.891622, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.104754, "energy": 19.86501, "activity_lines": [ 42.402644, 42.284833, 41.730704, 41.878352 ] }, { "date": "2024-11-22", "close": 42.670643, "volume": 62757, "typical_volume": 71335.3, "trend": 42.051948, "fair_value": 32.536148, "relative_strength": 1.877067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 18.237985, "energy": 29.243482, "activity_lines": [ 42.526614, 42.414243, 41.81425, 41.920463 ] }, { "date": "2024-11-29", "close": 42.448681, "volume": 155840, "typical_volume": 77953.8, "trend": 42.07661, "fair_value": 32.640523, "relative_strength": 0.875603, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 15.021431, "energy": 23.590694, "activity_lines": [ 42.554893, 42.447694, 41.888237, 41.946059 ] }, { "date": "2024-12-06", "close": 43.395714, "volume": 31500, "typical_volume": 72660.3, "trend": 42.126263, "fair_value": 32.747277, "relative_strength": 2.612233, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 40.583008, "energy": 38.593026, "activity_lines": [ 42.836044, 42.633603, 42.066439, 42.031162 ] }, { "date": "2024-12-13", "close": 43.548618, "volume": 85272, "typical_volume": 66210.35, "trend": 42.16786, "fair_value": 32.854259, "relative_strength": 2.804216, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.972409, "energy": 47.277957, "activity_lines": [ 43.094504, 42.812158, 42.263855, 42.122927 ] }, { "date": "2024-12-20", "close": 43.139225, "volume": 55091, "typical_volume": 54491.0, "trend": 42.186932, "fair_value": 32.958711, "relative_strength": 4.236601, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.683234, "energy": 45.866242, "activity_lines": [ 43.176383, 42.903633, 42.416268, 42.185596 ] }, { "date": "2024-12-27", "close": 44.318081, "volume": 16920, "typical_volume": 52382.1, "trend": 42.236421, "fair_value": 33.070501, "relative_strength": 5.885235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.778698, "energy": 72.452335, "activity_lines": [ 43.602218, 43.203347, 42.653895, 42.323089 ] }, { "date": "2025-01-03", "close": 43.849499, "volume": 10541, "typical_volume": 51730.3, "trend": 42.269304, "fair_value": 33.179256, "relative_strength": 3.566094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.691004, "energy": 69.297681, "activity_lines": [ 43.76203, 43.381991, 42.816243, 42.427159 ] }, { "date": "2025-01-10", "close": 42.843277, "volume": 2731, "typical_volume": 49795.9, "trend": 42.286075, "fair_value": 33.282687, "relative_strength": 0.786221, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.396996, "energy": 45.700827, "activity_lines": [ 43.493046, 43.335088, 42.86956, 42.464189 ] }, { "date": "2025-01-17", "close": 43.114563, "volume": 52643, "typical_volume": 51527.7, "trend": 42.313696, "fair_value": 33.392019, "relative_strength": -1.63619, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.525992, "energy": 35.466616, "activity_lines": [ 43.35132, 43.327465, 42.94303, 42.51764 ] }, { "date": "2025-01-24", "close": 44.446323, "volume": 87137, "typical_volume": 55173.05, "trend": 42.321424, "fair_value": 33.515834, "relative_strength": 1.33422, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.168516, "energy": 40.913586, "activity_lines": [ 43.682452, 43.558932, 43.138825, 42.655229 ] }, { "date": "2025-01-31", "close": 44.505516, "volume": 10027, "typical_volume": 52765.15, "trend": 42.30153, "fair_value": 33.635866, "relative_strength": -0.57358, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.940397, "energy": 42.491634, "activity_lines": [ 43.946174, 43.764032, 43.31381, 42.796138 ] }, { "date": "2025-02-07", "close": 43.375984, "volume": 16874, "typical_volume": 53011.35, "trend": 42.234284, "fair_value": 33.746311, "relative_strength": -3.345152, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.473669, "energy": 37.671347, "activity_lines": [ 43.82089, 43.730402, 43.35792, 42.865458 ] }, { "date": "2025-02-14", "close": 43.992538, "volume": 57270, "typical_volume": 49820.35, "trend": 42.221624, "fair_value": 33.863868, "relative_strength": -2.284644, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.164505, "energy": 47.32511, "activity_lines": [ 43.932692, 43.792013, 43.451167, 42.978893 ] }, { "date": "2025-02-21", "close": 43.395714, "volume": 618495, "typical_volume": 78308.05, "trend": 42.258618, "fair_value": 33.97832, "relative_strength": -2.702215, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.865838, "energy": 30.797475, "activity_lines": [ 43.768935, 43.734258, 43.475524, 43.054641 ] }, { "date": "2025-02-28", "close": 42.996181, "volume": 1931175, "typical_volume": 174674.7, "trend": 42.443256, "fair_value": 34.096813, "relative_strength": -5.068987, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.699989, "energy": 16.39625, "activity_lines": [ 43.453257, 43.606642, 43.459247, 43.102226 ] }, { "date": "2025-03-07", "close": 42.80875, "volume": 158977, "typical_volume": 182548.4, "trend": 42.607506, "fair_value": 34.216217, "relative_strength": -3.907818, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.751006, "energy": 13.249203, "activity_lines": [ 43.171778, 43.447548, 43.424203, 43.125806 ] }, { "date": "2025-03-14", "close": 43.578213, "volume": 74314, "typical_volume": 186226.9, "trend": 42.690865, "fair_value": 34.329804, "relative_strength": -1.566318, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.529512, "energy": 13.519833, "activity_lines": [ 43.259905, 43.455798, 43.460233, 43.188432 ] }, { "date": "2025-03-21", "close": 44.530174, "volume": 69662, "typical_volume": 184854.8, "trend": 42.786883, "fair_value": 34.444581, "relative_strength": 0.503753, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.832848, "energy": 23.357199, "activity_lines": [ 43.65187, 43.642065, 43.577062, 43.307098 ] }, { "date": "2025-03-28", "close": 43.469696, "volume": 77862, "typical_volume": 186203.05, "trend": 42.830288, "fair_value": 34.553655, "relative_strength": -1.911101, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.245623, "energy": 20.027511, "activity_lines": [ 43.6545, 43.604847, 43.582229, 43.35115 ] }, { "date": "2025-04-04", "close": 38.009476, "volume": 169649, "typical_volume": 187236.85, "trend": 42.800858, "fair_value": 34.631545, "relative_strength": -7.609716, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.659063, "energy": 50.743816, "activity_lines": [ 41.832124, 42.568405, 43.064885, 43.04013 ] }, { "date": "2025-04-11", "close": 38.744411, "volume": 96377, "typical_volume": 188917.85, "trend": 42.771921, "fair_value": 34.71449, "relative_strength": -4.617537, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.221802, "energy": 66.998119, "activity_lines": [ 40.587174, 41.782621, 42.638463, 42.778424 ] }, { "date": "2025-04-18", "close": 40.865364, "volume": 50171, "typical_volume": 183634.4, "trend": 42.755315, "fair_value": 34.811314, "relative_strength": -3.10224, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -57.351658, "energy": 71.254237, "activity_lines": [ 40.320164, 41.487212, 42.432733, 42.65542 ] }, { "date": "2025-04-25", "close": 42.650909, "volume": 62715, "typical_volume": 185195.15, "trend": 42.794939, "fair_value": 34.917774, "relative_strength": -0.527884, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.498236, "energy": 65.687814, "activity_lines": [ 40.829192, 41.562095, 42.404594, 42.648684 ] }, { "date": "2025-05-02", "close": 43.71632, "volume": 72511, "typical_volume": 184557.1, "trend": 42.823712, "fair_value": 35.032355, "relative_strength": -0.193785, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.610481, "energy": 22.179249, "activity_lines": [ 41.818642, 41.855082, 42.48147, 42.708128 ] }, { "date": "2025-05-09", "close": 44.145443, "volume": 34679, "typical_volume": 183536.5, "trend": 42.868433, "fair_value": 35.152519, "relative_strength": 1.202887, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.366606, "energy": 17.271917, "activity_lines": [ 42.934691, 42.220263, 42.598416, 42.793401 ] }, { "date": "2025-05-16", "close": 44.599228, "volume": 154826, "typical_volume": 190431.8, "trend": 42.94357, "fair_value": 35.275466, "relative_strength": 0.672618, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.356944, "energy": 27.734097, "activity_lines": [ 43.792937, 42.647054, 42.753788, 42.905065 ] }, { "date": "2025-05-23", "close": 43.928417, "volume": 287202, "typical_volume": 204264.85, "trend": 43.024298, "fair_value": 35.391217, "relative_strength": -1.192094, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.568596, "energy": 28.899381, "activity_lines": [ 44.037258, 42.919326, 42.843934, 42.968604 ] }, { "date": "2025-05-30", "close": 45.107273, "volume": 296374, "typical_volume": 218947.0, "trend": 43.118179, "fair_value": 35.512322, "relative_strength": 0.843262, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.164565, "energy": 42.701481, "activity_lines": [ 44.470328, 43.399567, 43.045977, 43.102989 ] }, { "date": "2025-06-06", "close": 45.250313, "volume": 15399, "typical_volume": 217084.8, "trend": 43.194961, "fair_value": 35.635823, "relative_strength": 0.442994, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.73288, "energy": 59.971459, "activity_lines": [ 44.78732, 43.895324, 43.250862, 43.240546 ] }, { "date": "2025-06-13", "close": 45.043152, "volume": 8276, "typical_volume": 213141.75, "trend": 43.282923, "fair_value": 35.764889, "relative_strength": -0.11968, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.784244, "energy": 53.415988, "activity_lines": [ 44.932993, 44.321039, 43.425846, 43.359784 ] }, { "date": "2025-06-20", "close": 44.865585, "volume": 14658, "typical_volume": 213373.3, "trend": 43.356088, "fair_value": 35.888756, "relative_strength": 0.35475, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.094941, "energy": 50.375093, "activity_lines": [ 44.959629, 44.586585, 43.581078, 43.461891 ] }, { "date": "2025-06-27", "close": 46.646198, "volume": 25765, "typical_volume": 213817.85, "trend": 43.496005, "fair_value": 36.026524, "relative_strength": 4.095565, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.906158, "energy": 61.360022, "activity_lines": [ 45.562046, 45.064585, 43.904177, 43.674157 ] }, { "date": "2025-07-04", "close": 45.891533, "volume": 6620, "typical_volume": 211285.35, "trend": 43.579199, "fair_value": 36.154545, "relative_strength": 2.247261, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.333008, "energy": 66.072157, "activity_lines": [ 45.731722, 45.300266, 44.139831, 43.828707 ] }, { "date": "2025-07-11", "close": 45.635044, "volume": 6909, "typical_volume": 180706.05, "trend": 43.648747, "fair_value": 36.281236, "relative_strength": 0.482215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.827486, "energy": 71.548434, "activity_lines": [ 45.763618, 45.430393, 44.342014, 43.961342 ] }, { "date": "2025-07-18", "close": 45.847137, "volume": 6751, "typical_volume": 84484.85, "trend": 43.73901, "fair_value": 36.405541, "relative_strength": 0.506824, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.644208, "energy": 74.535941, "activity_lines": [ 45.840563, 45.564197, 44.553734, 44.103174 ] }, { "date": "2025-07-25", "close": 47.874378, "volume": 3008428, "typical_volume": 226957.4, "trend": 43.857554, "fair_value": 36.543314, "relative_strength": 3.418589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.285283, "energy": 85.663883, "activity_lines": [ 46.539656, 46.035649, 44.944948, 44.369972 ] }, { "date": "2025-08-01", "close": 46.863228, "volume": 4115, "typical_volume": 223447.45, "trend": 43.958011, "fair_value": 36.674479, "relative_strength": 1.586055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.87538, "energy": 78.395832, "activity_lines": [ 46.701112, 46.263709, 45.21574, 44.563886 ] }, { "date": "2025-08-08", "close": 49.526752, "volume": 4787, "typical_volume": 220203.7, "trend": 44.180794, "fair_value": 36.819727, "relative_strength": 6.714222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.72389, "energy": 92.788582, "activity_lines": [ 47.735942, 46.922685, 45.724557, 44.92316 ] }, { "date": "2025-08-15", "close": 50.725334, "volume": 6656, "typical_volume": 216643.4, "trend": 44.434486, "fair_value": 36.971495, "relative_strength": 8.531354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.901232, "energy": 96.490389, "activity_lines": [ 48.92795, 47.71923, 46.323733, 45.345388 ] }, { "date": "2025-08-22", "close": 50.65976, "volume": 10197, "typical_volume": 208670.8, "trend": 44.641601, "fair_value": 37.124762, "relative_strength": 6.095961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.612576, "energy": 94.228328, "activity_lines": [ 49.758748, 48.404308, 46.882112, 45.747019 ] }, { "date": "2025-08-29", "close": 49.575436, "volume": 72652, "typical_volume": 207484.55, "trend": 44.810598, "fair_value": 37.272998, "relative_strength": 5.197529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.389058, "energy": 88.38436, "activity_lines": [ 49.907264, 48.790115, 47.276983, 46.065331 ] }, { "date": "2025-09-05", "close": 50.197182, "volume": 4688, "typical_volume": 205210.4, "trend": 45.037971, "fair_value": 37.422827, "relative_strength": 5.997843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.150934, "energy": 87.355385, "activity_lines": [ 50.149624, 49.203334, 47.679492, 46.412852 ] }, { "date": "2025-09-12", "close": 51.450623, "volume": 15855, "typical_volume": 202867.4, "trend": 45.286574, "fair_value": 37.584217, "relative_strength": 7.462687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.929276, "energy": 76.423073, "activity_lines": [ 50.587534, 49.779887, 48.156939, 46.826572 ] }, { "date": "2025-09-19", "close": 51.599838, "volume": 28693, "typical_volume": 200676.5, "trend": 45.560045, "fair_value": 37.751158, "relative_strength": 8.321856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.370551, "energy": 70.478147, "activity_lines": [ 50.946924, 50.282497, 48.606693, 47.233879 ] }, { "date": "2025-09-26", "close": 51.908226, "volume": 11395, "typical_volume": 199512.3, "trend": 45.857113, "fair_value": 37.921272, "relative_strength": 7.925966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.991005, "energy": 71.202973, "activity_lines": [ 51.35081, 50.732725, 49.048278, 47.643439 ] }, { "date": "2025-10-03", "close": 52.186764, "volume": 181786, "typical_volume": 200860.3, "trend": 46.169714, "fair_value": 38.089427, "relative_strength": 6.017147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.275616, "energy": 70.295059, "activity_lines": [ 51.764311, 51.123396, 49.479423, 48.051804 ] }, { "date": "2025-10-10", "close": 51.898273, "volume": 26260, "typical_volume": 187813.2, "trend": 46.447049, "fair_value": 38.25633, "relative_strength": 6.019181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.081015, "energy": 65.630614, "activity_lines": [ 51.90756, 51.383207, 49.846963, 48.421388 ] }, { "date": "2025-10-17", "close": 53.141766, "volume": 74032, "typical_volume": 176696.1, "trend": 46.734102, "fair_value": 38.431204, "relative_strength": 9.156965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.605629, "energy": 69.648429, "activity_lines": [ 52.3519, 51.777561, 50.294979, 48.853305 ] }, { "date": "2025-10-24", "close": 54.41132, "volume": 4531, "typical_volume": 176152.7, "trend": 47.098823, "fair_value": 38.61088, "relative_strength": 8.149404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.697317, "energy": 73.725333, "activity_lines": [ 53.106682, 52.337015, 50.825645, 49.34861 ] }, { "date": "2025-10-31", "close": 55.673512, "volume": 489200, "typical_volume": 200198.9, "trend": 47.687624, "fair_value": 38.797042, "relative_strength": 9.616348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.44698, "energy": 78.411828, "activity_lines": [ 54.094763, 53.058941, 51.432896, 49.901815 ] }, { "date": "2025-11-07", "close": 54.743378, "volume": 8205, "typical_volume": 199876.25, "trend": 48.220923, "fair_value": 38.973306, "relative_strength": 8.03867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.741425, "energy": 88.866908, "activity_lines": [ 54.52178, 53.520593, 51.900942, 50.357025 ] }, { "date": "2025-11-14", "close": 56.374836, "volume": 23115, "typical_volume": 199743.75, "trend": 48.737905, "fair_value": 39.159778, "relative_strength": 10.851461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.098059, "energy": 94.222972, "activity_lines": [ 55.322176, 54.184911, 52.477328, 50.883084 ] }, { "date": "2025-11-21", "close": 54.842861, "volume": 50196, "typical_volume": 201922.55, "trend": 49.144304, "fair_value": 39.33177, "relative_strength": 9.398664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.996118, "energy": 72.711791, "activity_lines": [ 55.313475, 54.458367, 52.861484, 51.276952 ] }, { "date": "2025-11-28", "close": 56.280334, "volume": 68027, "typical_volume": 204978.45, "trend": 49.563104, "fair_value": 39.519021, "relative_strength": 9.909385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.89382, "energy": 70.262975, "activity_lines": [ 55.670526, 54.931504, 53.339918, 51.737341 ] }, { "date": "2025-12-05", "close": 56.454422, "volume": 14640, "typical_volume": 205372.9, "trend": 49.973403, "fair_value": 39.706033, "relative_strength": 10.610403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.882368, "energy": 69.34937, "activity_lines": [ 55.961005, 55.351194, 53.784239, 52.181943 ] }, { "date": "2025-12-12", "close": 56.912025, "volume": 25355, "typical_volume": 56219.25, "trend": 50.38383, "fair_value": 39.899064, "relative_strength": 11.450478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.922645, "energy": 69.003257, "activity_lines": [ 56.351958, 55.771427, 54.221631, 52.629596 ] }, { "date": "2025-12-19", "close": 57.389523, "volume": 8566, "typical_volume": 56441.8, "trend": 50.832534, "fair_value": 40.098933, "relative_strength": 9.381143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.073222, "energy": 69.982305, "activity_lines": [ 56.757501, 56.192563, 54.661462, 53.081576 ] }, { "date": "2025-12-26", "close": 57.031403, "volume": 10235, "typical_volume": 56714.2, "trend": 51.230005, "fair_value": 40.298017, "relative_strength": 8.858384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.949729, "energy": 65.805236, "activity_lines": [ 56.976024, 56.448746, 55.017062, 53.481503 ] }, { "date": "2026-01-02", "close": 57.493977, "volume": 1017, "typical_volume": 56432.25, "trend": 51.638127, "fair_value": 40.499656, "relative_strength": 8.679146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.374915, "energy": 67.468276, "activity_lines": [ 57.202836, 56.718312, 55.38098, 53.88563 ] }, { "date": "2026-01-09", "close": 60.354004, "volume": 55035, "typical_volume": 58674.15, "trend": 52.148488, "fair_value": 40.718874, "relative_strength": 11.820079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.705623, "energy": 75.710995, "activity_lines": [ 58.302081, 57.451835, 55.985049, 54.447945 ] }, { "date": "2026-01-16", "close": 61.259266, "volume": 24854, "typical_volume": 56284.25, "trend": 52.694944, "fair_value": 40.937852, "relative_strength": 11.900044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.07431, "energy": 92.63696, "activity_lines": [ 59.443107, 58.264852, 56.629171, 55.035737 ] }, { "date": "2026-01-23", "close": 60.194836, "volume": 38462, "typical_volume": 57972.95, "trend": 53.146566, "fair_value": 41.14623, "relative_strength": 10.670613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.969118, "energy": 87.798557, "activity_lines": [ 59.939508, 58.765865, 57.116282, 55.519601 ] }, { "date": "2026-01-30", "close": 60.020748, "volume": 33288, "typical_volume": 58844.6, "trend": 53.61754, "fair_value": 41.353334, "relative_strength": 9.196188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.174528, "energy": 84.377375, "activity_lines": [ 60.190858, 59.165771, 57.539204, 55.963096 ] }, { "date": "2026-02-06", "close": 63.228954, "volume": 52777, "typical_volume": 60048.8, "trend": 54.204003, "fair_value": 41.580877, "relative_strength": 12.960707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.657125, "energy": 85.066757, "activity_lines": [ 61.31232, 60.054843, 58.22686, 56.583188 ] }, { "date": "2026-02-13", "close": 64.825592, "volume": 139929, "typical_volume": 66475.5, "trend": 54.836618, "fair_value": 41.818247, "relative_strength": 14.487624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.415519, "energy": 80.018867, "activity_lines": [ 62.583664, 61.107875, 59.011201, 57.268452 ] }, { "date": "2026-02-20", "close": 64.0, "volume": 8225, "typical_volume": 57797.45, "trend": 55.374139, "fair_value": 42.051488, "relative_strength": 10.104167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.919388, "energy": 81.969147, "activity_lines": [ 63.281704, 61.858597, 59.655401, 57.859637 ] }, { "date": "2026-02-27", "close": 65.620003, "volume": 36549, "typical_volume": 58311.9, "trend": 55.999365, "fair_value": 42.290425, "relative_strength": 10.135086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.102731, "energy": 90.343231, "activity_lines": [ 64.33703, 62.774992, 60.397635, 58.520661 ] }, { "date": "2026-03-06", "close": 60.41, "volume": 79336, "typical_volume": 58577.1, "trend": 56.36214, "fair_value": 42.496531, "relative_strength": 7.204521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.605545, "energy": 65.143607, "activity_lines": [ 63.29401, 62.594468, 60.578336, 58.805218 ] }, { "date": "2026-03-13", "close": 60.580002, "volume": 48725, "typical_volume": 60786.8, "trend": 56.690629, "fair_value": 42.712098, "relative_strength": 7.430868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.855646, "energy": 46.341822, "activity_lines": [ 62.281707, 62.383425, 60.740617, 59.077338 ] }, { "date": "2026-03-20", "close": 59.450001, "volume": 83738, "typical_volume": 40513.7, "trend": 56.983637, "fair_value": 42.919069, "relative_strength": 8.750608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.368443, "energy": 26.277799, "activity_lines": [ 61.069335, 61.910818, 60.765905, 59.255362 ] }, { "date": "2026-03-27", "close": 59.529999, "volume": 61594, "typical_volume": 43183.15, "trend": 57.315456, "fair_value": 43.117739, "relative_strength": 8.001677, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.336, "energy": 29.721125, "activity_lines": [ 60.242001, 61.469193, 60.780828, 59.419644 ] }, { "date": "2026-04-03", "close": 61.735001, "volume": 17721, "typical_volume": 42913.45, "trend": 57.70005, "fair_value": 43.33514, "relative_strength": 6.526556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.750253, "energy": 25.102965, "activity_lines": [ 60.447667, 61.459918, 60.982957, 59.704776 ] }, { "date": "2026-04-10", "close": 63.935001, "volume": 89844, "typical_volume": 44895.85, "trend": 58.116196, "fair_value": 43.561229, "relative_strength": 8.176866, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.902144, "energy": 25.985264, "activity_lines": [ 61.645667, 61.82264, 61.369086, 60.10703 ] }, { "date": "2026-04-17", "close": 65.260002, "volume": 62037, "typical_volume": 44596.35, "trend": 58.571534, "fair_value": 43.793924, "relative_strength": 9.279584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.896827, "energy": 45.57886, "activity_lines": [ 63.050334, 62.355103, 61.83811, 60.567921 ] }, { "date": "2026-04-24", "close": 63.360001, "volume": 16447, "typical_volume": 44686.7, "trend": 58.95326, "fair_value": 44.012424, "relative_strength": 8.660279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.436407, "energy": 48.882988, "activity_lines": [ 63.509668, 62.505183, 62.08342, 60.876855 ] }, { "date": "2026-05-01", "close": 63.294998, "volume": 321843, "typical_volume": 59511.1, "trend": 59.323535, "fair_value": 44.229375, "relative_strength": 8.329082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.241253, "energy": 53.723346, "activity_lines": [ 63.686667, 62.670091, 62.289657, 61.156967 ] }, { "date": "2026-05-08", "close": 65.834999, "volume": 11347, "typical_volume": 59650.15, "trend": 59.788092, "fair_value": 44.459398, "relative_strength": 13.623048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.601494, "energy": 64.997137, "activity_lines": [ 64.459333, 63.309637, 62.707403, 61.577061 ] }, { "date": "2026-05-15", "close": 66.199997, "volume": 115364, "typical_volume": 64906.6, "trend": 60.223366, "fair_value": 44.686252, "relative_strength": 14.149096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.438751, "energy": 60.699319, "activity_lines": [ 65.080332, 64.011636, 63.119694, 61.990732 ] }, { "date": "2026-05-22", "close": 66.800003, "volume": 14103, "typical_volume": 65560.9, "trend": 60.636323, "fair_value": 44.914812, "relative_strength": 11.695037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.333111, "energy": 65.048816, "activity_lines": [ 65.750333, 64.717455, 63.545469, 62.415032 ] }, { "date": "2026-05-29", "close": 67.815002, "volume": 17101, "typical_volume": 63664.2, "trend": 61.041039, "fair_value": 45.145062, "relative_strength": 13.488749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.890856, "energy": 76.184973, "activity_lines": [ 66.656001, 65.494728, 64.023596, 62.878172 ] }, { "date": "2026-06-05", "close": 67.93, "volume": 16546, "typical_volume": 63248.8, "trend": 61.480593, "fair_value": 45.374099, "relative_strength": 13.588111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.715199, "energy": 81.144936, "activity_lines": [ 67.303001, 66.140819, 64.477146, 63.322621 ] }, { "date": "2026-06-12", "close": 68.214996, "volume": 487, "typical_volume": 61350.05, "trend": 61.875265, "fair_value": 45.597062, "relative_strength": 12.402178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.091833, "energy": 82.361905, "activity_lines": [ 67.735999, 66.686, 64.926073, 63.757099 ] }, { "date": "2026-06-19", "close": 71.385002, "volume": 424, "typical_volume": 59706.85, "trend": 62.42667, "fair_value": 45.845665, "relative_strength": 18.159942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.578987, "energy": 92.680755, "activity_lines": [ 69.067, 67.689727, 65.638715, 64.37063 ] }, { "date": "2026-06-26", "close": 69.519997, "volume": 371, "typical_volume": 57086.55, "trend": 62.867992, "fair_value": 46.077591, "relative_strength": 12.998275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.307872, "energy": 84.707864, "activity_lines": [ 69.430666, 68.218908, 66.119622, 64.828264 ] }, { "date": "2026-07-03", "close": 70.389999, "volume": 154238, "typical_volume": 57802.0, "trend": 63.332511, "fair_value": 46.319281, "relative_strength": 12.068661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.84696, "energy": 86.485342, "activity_lines": [ 69.902999, 68.828817, 66.653428, 65.313555 ] }, { "date": "2026-07-10", "close": 70.57, "volume": 34587, "typical_volume": 59120.1, "trend": 63.787777, "fair_value": 46.563856, "relative_strength": 13.698262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.80879, "energy": 84.924874, "activity_lines": [ 70.263666, 69.343636, 67.177881, 65.78049 ] }, { "date": "2026-07-17", "close": 67.705002, "volume": 30438, "typical_volume": 58814.55, "trend": 64.131626, "fair_value": 46.785658, "relative_strength": 7.570624, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.087745, "energy": 55.328575, "activity_lines": [ 69.493334, 69.205273, 67.39819, 66.033214 ] }, { "date": "2026-07-24", "close": 69.5, "volume": 23672, "typical_volume": 56031.35, "trend": 64.547246, "fair_value": 47.015159, "relative_strength": 8.595245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.092121, "energy": 47.295396, "activity_lines": [ 69.355334, 69.359273, 67.779524, 66.379561 ] }, { "date": "2026-07-31", "close": 67.775002, "volume": 22425, "typical_volume": 54716.35, "trend": 64.889947, "fair_value": 47.237914, "relative_strength": 4.255282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.61479, "energy": 34.092103, "activity_lines": [ 68.768001, 69.139637, 67.953286, 66.587803 ] }, { "date": "2026-08-07", "close": 70.695, "volume": 16850, "typical_volume": 51371.95, "trend": 65.234647, "fair_value": 47.477184, "relative_strength": 8.05647, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.459543, "energy": 36.583535, "activity_lines": [ 69.270334, 69.433182, 68.370881, 66.962323 ] } ], "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." } } }