{ "ticker": { "uuid": "8adcfc14-52c2-41c9-989d-f7ea6a9a8f79", "symbol": "MXUD", "name": "Invesco MSCI USA UCITS ETF Inc", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 91.42, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 88.849, "architecture_energy": 68.017, "architecture_maturity": 53.223, "architecture_confidence": 86.729, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 21.24, "rotation_up": 59.72, "upward_expansion": 84.45, "deceleration": 61.81, "rotation_down": 26.98, "downward_expansion": 11.12 }, "activity_lines": [ 101.373335, 100.701864, 99.690832, 97.724689 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 104.080002, "trend_reference": 95.485646, "distance_from_trend": 0.090007, "trend_direction": "Improving", "fair_value": 78.144478, "distance_from_fair_value": 0.331892, "fair_value_direction": "Improving", "relative_strength": 1.120874, "relative_strength_direction": "Weakening", "price_momentum": 0.141798, "excess_performance": 0.058915, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090007, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03436, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.331892, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.007341, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011209, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.069401, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.141798, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 17.252384, "read": "Demand-led" } ], "volume": { "latest": 61553, "relative_activity": 6.624764, "balance": 17.252384, "dry_up": 1.840637, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.017198, "annualized_volatility": 0.139793, "from_high_reference": -0.001918, "from_low_reference": 0.224124 }, "levels": { "trend_reference": 95.485646, "fair_value_reference": 78.144478, "structural_low": 85.418512, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": 0.012028, "positive_rate": 0.658537, "directional_follow_through": 0.658537, "median_excess_return": 0.00559, "regime_survival": 0.756098, "best_return": 0.062919, "worst_return": -0.092346, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.052332, "positive_rate": 0.866667, "directional_follow_through": 0.866667, "median_excess_return": 0.034787, "regime_survival": 0.6, "best_return": 0.124857, "worst_return": -0.056641, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.091221, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.020854, "regime_survival": 0.625, "best_return": 0.171025, "worst_return": -0.172424, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.176868, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.078543, "regime_survival": 0.5, "best_return": 0.305017, "worst_return": -0.11298, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.036644, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": 0.001313, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.011703, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.093512, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.050089, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.072774, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.070788, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-30", "tenure": "Developing", "return": 0.118317, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": 0.044615, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-02-13", "tenure": "Extended", "return": 0.088867, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-06", "tenure": "New", "return": -0.000975, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": 0.026144, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": 0.002203, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.054621, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 56.32724, "volume": 0, "typical_volume": 22.5, "trend": 54.199431, "fair_value": 52.387477, "relative_strength": 10.039313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.98793, "energy": 56.019494, "activity_lines": [ 57.60692, 57.716791, 56.630765, 55.517319 ] }, { "date": "2023-08-25", "close": 56.653881, "volume": 2102, "typical_volume": 127.6, "trend": 54.354903, "fair_value": 52.469441, "relative_strength": 9.331996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.87883, "energy": 35.71426, "activity_lines": [ 57.143211, 57.555389, 56.740149, 55.67567 ] }, { "date": "2023-09-01", "close": 58.383183, "volume": 0, "typical_volume": 127.6, "trend": 54.517207, "fair_value": 52.572166, "relative_strength": 11.190068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.003903, "energy": 37.865896, "activity_lines": [ 57.396842, 57.712948, 56.993978, 55.935559 ] }, { "date": "2023-09-08", "close": 57.797146, "volume": 0, "typical_volume": 127.6, "trend": 54.701896, "fair_value": 52.673194, "relative_strength": 11.105924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.696932, "energy": 32.326528, "activity_lines": [ 57.510848, 57.720809, 57.165878, 56.147168 ] }, { "date": "2023-09-15", "close": 57.773632, "volume": 0, "typical_volume": 127.6, "trend": 54.894375, "fair_value": 52.774731, "relative_strength": 8.36093, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.984152, "energy": 42.446185, "activity_lines": [ 57.656086, 57.712343, 57.312396, 56.345345 ] }, { "date": "2023-09-22", "close": 56.355816, "volume": 0, "typical_volume": 127.6, "trend": 55.078338, "fair_value": 52.87223, "relative_strength": 7.25691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.6905, "energy": 33.569686, "activity_lines": [ 57.312353, 57.429225, 57.301719, 56.439631 ] }, { "date": "2023-09-29", "close": 55.786766, "volume": 0, "typical_volume": 127.6, "trend": 55.22142, "fair_value": 52.958225, "relative_strength": 6.438848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 2.873822, "energy": 11.673435, "activity_lines": [ 56.777031, 57.077934, 57.219656, 56.485336 ] }, { "date": "2023-10-06", "close": 55.410606, "volume": 0, "typical_volume": 127.6, "trend": 55.386261, "fair_value": 53.032565, "relative_strength": 6.705359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.758305, "energy": 26.641135, "activity_lines": [ 56.17413, 56.712444, 57.087835, 56.497542 ] }, { "date": "2023-10-13", "close": 56.182209, "volume": 0, "typical_volume": 127.6, "trend": 55.57958, "fair_value": 53.109282, "relative_strength": 7.271442, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.14015, "energy": 27.22695, "activity_lines": [ 56.026602, 56.556489, 57.021411, 56.548893 ] }, { "date": "2023-10-20", "close": 54.822262, "volume": 0, "typical_volume": 127.6, "trend": 55.720233, "fair_value": 53.181297, "relative_strength": 9.915321, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.705114, "energy": 51.188288, "activity_lines": [ 55.533421, 56.193289, 56.814299, 56.500034 ] }, { "date": "2023-10-27", "close": 53.635929, "volume": 0, "typical_volume": 127.6, "trend": 55.763617, "fair_value": 53.260563, "relative_strength": 7.524581, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.119947, "energy": 69.593439, "activity_lines": [ 54.841553, 55.66359, 56.49493, 56.365563 ] }, { "date": "2023-11-03", "close": 56.519779, "volume": 0, "typical_volume": 127.6, "trend": 55.900896, "fair_value": 53.33782, "relative_strength": 10.157061, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.047646, "energy": 29.345231, "activity_lines": [ 55.292295, 55.70716, 56.457683, 56.414348 ] }, { "date": "2023-11-10", "close": 56.664459, "volume": 0, "typical_volume": 127.6, "trend": 56.026415, "fair_value": 53.412696, "relative_strength": 10.325518, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.099888, "energy": 22.695849, "activity_lines": [ 55.742395, 55.779474, 56.436044, 56.46361 ] }, { "date": "2023-11-17", "close": 58.390919, "volume": 0, "typical_volume": 127.6, "trend": 56.208207, "fair_value": 53.496277, "relative_strength": 11.374603, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 26.359608, "energy": 18.993101, "activity_lines": [ 56.684393, 56.196939, 56.575714, 56.616158 ] }, { "date": "2023-11-24", "close": 59.123932, "volume": 0, "typical_volume": 127.6, "trend": 56.408373, "fair_value": 53.578886, "relative_strength": 10.933513, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 58.468922, "energy": 48.123365, "activity_lines": [ 57.72348, 56.736884, 56.779211, 56.80427 ] }, { "date": "2023-12-01", "close": 59.432583, "volume": 0, "typical_volume": 127.6, "trend": 56.631266, "fair_value": 53.659221, "relative_strength": 11.066789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.155403, "energy": 79.196709, "activity_lines": [ 58.578673, 57.308396, 57.001255, 56.99938 ] }, { "date": "2023-12-08", "close": 59.673702, "volume": 0, "typical_volume": 127.6, "trend": 56.858368, "fair_value": 53.743746, "relative_strength": 9.30943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.769572, "energy": 87.308168, "activity_lines": [ 59.127796, 57.867806, 57.240855, 57.195666 ] }, { "date": "2023-12-15", "close": 61.510918, "volume": 0, "typical_volume": 105.1, "trend": 57.118328, "fair_value": 53.834535, "relative_strength": 11.066146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.357132, "energy": 94.962517, "activity_lines": [ 60.079062, 58.690584, 57.651112, 57.495831 ] }, { "date": "2023-12-22", "close": 62.00478, "volume": 0, "typical_volume": 105.1, "trend": 57.390604, "fair_value": 53.92843, "relative_strength": 11.902204, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.455129, "energy": 95.667765, "activity_lines": [ 60.871852, 59.492241, 58.097489, 57.811086 ] }, { "date": "2023-12-29", "close": 62.053207, "volume": 0, "typical_volume": 105.1, "trend": 57.626542, "fair_value": 54.020384, "relative_strength": 11.698297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.434294, "energy": 93.342943, "activity_lines": [ 61.43986, 60.196837, 58.531233, 58.111899 ] }, { "date": "2024-01-05", "close": 61.375343, "volume": 0, "typical_volume": 105.1, "trend": 57.832231, "fair_value": 54.102597, "relative_strength": 9.553647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.358743, "energy": 88.247279, "activity_lines": [ 61.586628, 60.646714, 58.878871, 58.353757 ] }, { "date": "2024-01-12", "close": 62.237198, "volume": 0, "typical_volume": 0.0, "trend": 58.010016, "fair_value": 54.190928, "relative_strength": 10.242976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.181648, "energy": 90.351455, "activity_lines": [ 61.891164, 61.112575, 59.284552, 58.637948 ] }, { "date": "2024-01-19", "close": 62.469612, "volume": 4101, "typical_volume": 205.05, "trend": 58.22533, "fair_value": 54.27654, "relative_strength": 10.917532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.31902, "energy": 89.19585, "activity_lines": [ 62.102272, 61.51674, 59.68578, 58.925664 ] }, { "date": "2024-01-26", "close": 63.805946, "volume": 2763, "typical_volume": 343.2, "trend": 58.44772, "fair_value": 54.378721, "relative_strength": 10.480426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.258116, "energy": 92.054963, "activity_lines": [ 62.694911, 62.058327, 60.194818, 59.285704 ] }, { "date": "2024-02-02", "close": 64.396667, "volume": 1802, "typical_volume": 433.3, "trend": 58.699408, "fair_value": 54.473307, "relative_strength": 12.562802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.802047, "energy": 96.802533, "activity_lines": [ 63.36438, 62.608862, 60.731503, 59.669507 ] }, { "date": "2024-02-09", "close": 65.248817, "volume": 0, "typical_volume": 433.3, "trend": 58.931145, "fair_value": 54.569443, "relative_strength": 15.058839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.653623, "energy": 96.833908, "activity_lines": [ 64.161668, 63.218466, 61.317806, 60.09205 ] }, { "date": "2024-02-16", "close": 65.578079, "volume": 22, "typical_volume": 434.4, "trend": 59.158165, "fair_value": 54.667453, "relative_strength": 12.899707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.523134, "energy": 96.262853, "activity_lines": [ 64.810478, 63.782186, 61.89312, 60.520884 ] }, { "date": "2024-02-23", "close": 66.343086, "volume": 1782, "typical_volume": 523.5, "trend": 59.395634, "fair_value": 54.776828, "relative_strength": 11.854651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.930291, "energy": 96.366142, "activity_lines": [ 65.491565, 64.377646, 62.494667, 60.984427 ] }, { "date": "2024-03-01", "close": 66.575493, "volume": 1742, "typical_volume": 610.6, "trend": 59.668711, "fair_value": 54.893858, "relative_strength": 11.7782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.852708, "energy": 92.469778, "activity_lines": [ 65.99189, 64.927504, 63.066288, 61.447644 ] }, { "date": "2024-03-08", "close": 67.243683, "volume": 0, "typical_volume": 610.6, "trend": 59.992562, "fair_value": 55.003315, "relative_strength": 10.967783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.960639, "energy": 89.453166, "activity_lines": [ 66.530308, 65.515747, 63.652054, 61.936352 ] }, { "date": "2024-03-15", "close": 66.752159, "volume": 0, "typical_volume": 610.6, "trend": 60.34006, "fair_value": 55.109805, "relative_strength": 9.490599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.055136, "energy": 69.756741, "activity_lines": [ 66.715084, 65.92025, 64.131859, 62.372455 ] }, { "date": "2024-03-22", "close": 68.326927, "volume": 0, "typical_volume": 610.6, "trend": 60.729161, "fair_value": 55.22639, "relative_strength": 11.850431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.364718, "energy": 76.759905, "activity_lines": [ 67.324559, 66.513315, 64.699184, 62.887737 ] }, { "date": "2024-03-29", "close": 68.531067, "volume": 0, "typical_volume": 610.6, "trend": 61.067424, "fair_value": 55.339582, "relative_strength": 10.974461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.874694, "energy": 75.188503, "activity_lines": [ 67.818825, 67.032773, 65.229726, 63.391085 ] }, { "date": "2024-04-05", "close": 67.908936, "volume": 0, "typical_volume": 610.6, "trend": 61.404484, "fair_value": 55.440631, "relative_strength": 11.705107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.470154, "energy": 68.568305, "activity_lines": [ 67.959849, 67.328908, 65.64451, 63.832473 ] }, { "date": "2024-04-12", "close": 67.37429, "volume": 0, "typical_volume": 610.6, "trend": 61.724506, "fair_value": 55.532003, "relative_strength": 11.447987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.018218, "energy": 67.831431, "activity_lines": [ 67.833761, 67.453235, 65.963051, 64.217622 ] }, { "date": "2024-04-19", "close": 65.196869, "volume": 0, "typical_volume": 610.6, "trend": 62.019207, "fair_value": 55.609477, "relative_strength": 8.188967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.711655, "energy": 57.457875, "activity_lines": [ 66.973158, 67.127529, 66.034931, 64.441645 ] }, { "date": "2024-04-26", "close": 66.528595, "volume": 0, "typical_volume": 610.6, "trend": 62.377268, "fair_value": 55.694119, "relative_strength": 9.451133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.979607, "energy": 44.944567, "activity_lines": [ 66.660151, 67.044899, 66.206194, 64.732574 ] }, { "date": "2024-05-03", "close": 66.849365, "volume": 0, "typical_volume": 610.6, "trend": 62.75856, "fair_value": 55.778496, "relative_strength": 10.135569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.482489, "energy": 33.449762, "activity_lines": [ 66.573955, 67.003309, 66.375364, 65.021096 ] }, { "date": "2024-05-10", "close": 68.1325, "volume": 0, "typical_volume": 610.6, "trend": 63.156903, "fair_value": 55.877228, "relative_strength": 7.189028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.244248, "energy": 42.829461, "activity_lines": [ 67.027585, 67.185811, 66.641315, 65.367802 ] }, { "date": "2024-05-17", "close": 69.299011, "volume": 0, "typical_volume": 610.6, "trend": 63.639462, "fair_value": 55.982069, "relative_strength": 6.029183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 84.74638, "energy": 66.144131, "activity_lines": [ 67.855147, 67.552097, 66.989184, 65.764067 ] }, { "date": "2024-05-24", "close": 69.435089, "volume": 821, "typical_volume": 651.65, "trend": 64.1661, "fair_value": 56.084033, "relative_strength": 6.763629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.782026, "energy": 81.621152, "activity_lines": [ 68.599754, 67.905754, 67.315508, 66.137978 ] }, { "date": "2024-05-31", "close": 68.064453, "volume": 0, "typical_volume": 651.65, "trend": 64.550923, "fair_value": 56.176497, "relative_strength": 3.735501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.111185, "energy": 71.019839, "activity_lines": [ 68.604935, 67.961425, 67.472916, 66.389485 ] }, { "date": "2024-06-07", "close": 69.90168, "volume": 0, "typical_volume": 446.6, "trend": 64.992164, "fair_value": 56.278713, "relative_strength": 4.035989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.855869, "energy": 83.445982, "activity_lines": [ 69.120133, 68.355909, 67.777549, 66.734695 ] }, { "date": "2024-06-14", "close": 70.813797, "volume": 0, "typical_volume": 308.45, "trend": 65.406259, "fair_value": 56.388694, "relative_strength": 6.901943, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.246756, "energy": 85.388879, "activity_lines": [ 69.735884, 68.891312, 68.13366, 67.110284 ] }, { "date": "2024-06-21", "close": 71.3405, "volume": 3204, "typical_volume": 378.55, "trend": 65.813478, "fair_value": 56.495661, "relative_strength": 7.624969, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.597936, "energy": 78.86443, "activity_lines": [ 70.348448, 69.469664, 68.506562, 67.493139 ] }, { "date": "2024-06-28", "close": 71.837967, "volume": 0, "typical_volume": 378.55, "trend": 66.226991, "fair_value": 56.601277, "relative_strength": 8.198836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.870163, "energy": 92.264031, "activity_lines": [ 70.990736, 70.066352, 68.893776, 67.881815 ] }, { "date": "2024-07-05", "close": 72.501221, "volume": 0, "typical_volume": 377.45, "trend": 66.654575, "fair_value": 56.708875, "relative_strength": 8.779212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.003757, "energy": 92.964921, "activity_lines": [ 71.693916, 70.662883, 69.31278, 68.286604 ] }, { "date": "2024-07-12", "close": 73.603432, "volume": 0, "typical_volume": 288.35, "trend": 67.057659, "fair_value": 56.822942, "relative_strength": 6.965013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.501188, "energy": 95.075013, "activity_lines": [ 72.468716, 71.351224, 69.80379, 68.734918 ] }, { "date": "2024-07-19", "close": 72.111069, "volume": 7, "typical_volume": 201.6, "trend": 67.394535, "fair_value": 56.924038, "relative_strength": 6.197273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.165462, "energy": 81.823139, "activity_lines": [ 72.499278, 71.645425, 70.118096, 69.060944 ] }, { "date": "2024-07-26", "close": 71.301498, "volume": 0, "typical_volume": 201.6, "trend": 67.702812, "fair_value": 57.01869, "relative_strength": 4.208557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.010223, "energy": 65.810507, "activity_lines": [ 72.173498, 71.720093, 70.328941, 69.313006 ] }, { "date": "2024-08-02", "close": 69.545776, "volume": 0, "typical_volume": 201.6, "trend": 67.975159, "fair_value": 57.101072, "relative_strength": 4.560549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.128838, "energy": 45.011751, "activity_lines": [ 71.265078, 71.439131, 70.35325, 69.431907 ] }, { "date": "2024-08-09", "close": 69.526276, "volume": 1774, "typical_volume": 290.3, "trend": 68.218129, "fair_value": 57.181, "relative_strength": 4.376306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.671321, "energy": 27.440846, "activity_lines": [ 70.50297, 71.15261, 70.3624, 69.531979 ] }, { "date": "2024-08-16", "close": 72.510979, "volume": 2676, "typical_volume": 424.1, "trend": 68.552841, "fair_value": 57.282629, "relative_strength": 5.701749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.88262, "energy": 30.709642, "activity_lines": [ 70.934093, 71.382184, 70.650097, 69.808937 ] }, { "date": "2024-08-23", "close": 73.681465, "volume": 0, "typical_volume": 424.1, "trend": 68.882025, "fair_value": 57.385549, "relative_strength": 5.739393, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.379405, "energy": 41.25029, "activity_lines": [ 71.828208, 71.777132, 71.030316, 70.139816 ] }, { "date": "2024-08-30", "close": 73.359573, "volume": 801, "typical_volume": 464.15, "trend": 69.180788, "fair_value": 57.483121, "relative_strength": 4.300056, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.34135, "energy": 53.868828, "activity_lines": [ 72.510333, 72.061415, 71.35239, 70.42869 ] }, { "date": "2024-09-06", "close": 71.594109, "volume": 15328, "typical_volume": 1230.55, "trend": 69.392298, "fair_value": 57.571825, "relative_strength": 6.041866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.543965, "energy": 52.53238, "activity_lines": [ 72.466764, 71.987993, 71.477824, 70.584388 ] }, { "date": "2024-09-13", "close": 73.702126, "volume": 811, "typical_volume": 1271.1, "trend": 69.6631, "fair_value": 57.6778, "relative_strength": 7.642166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.402674, "energy": 65.290632, "activity_lines": [ 72.989313, 72.302282, 71.773558, 70.862442 ] }, { "date": "2024-09-20", "close": 74.631851, "volume": 0, "typical_volume": 1271.1, "trend": 69.939392, "fair_value": 57.790633, "relative_strength": 9.521589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.686437, "energy": 70.843533, "activity_lines": [ 73.54338, 72.763777, 72.123677, 71.183006 ] }, { "date": "2024-09-27", "close": 75.385399, "volume": 8, "typical_volume": 1271.5, "trend": 70.233055, "fair_value": 57.917103, "relative_strength": 7.52606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.571049, "energy": 69.421053, "activity_lines": [ 74.207238, 73.343581, 72.508504, 71.534362 ] }, { "date": "2024-10-04", "close": 74.856934, "volume": 2403, "typical_volume": 1391.65, "trend": 70.48683, "fair_value": 58.034075, "relative_strength": 8.47104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.3315, "energy": 74.784218, "activity_lines": [ 74.581345, 73.767768, 72.808463, 71.832676 ] }, { "date": "2024-10-11", "close": 75.953026, "volume": 13610, "typical_volume": 2031.1, "trend": 70.793526, "fair_value": 58.153999, "relative_strength": 8.240524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.432433, "energy": 81.020205, "activity_lines": [ 75.220993, 74.326601, 73.186346, 72.185334 ] }, { "date": "2024-10-18", "close": 77.009964, "volume": 1278, "typical_volume": 2095.0, "trend": 71.082961, "fair_value": 58.275067, "relative_strength": 7.869078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.149258, "energy": 87.564818, "activity_lines": [ 75.922358, 74.961108, 73.633851, 72.586395 ] }, { "date": "2024-10-25", "close": 76.882729, "volume": 6858, "typical_volume": 2437.9, "trend": 71.361349, "fair_value": 58.390347, "relative_strength": 8.550882, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.409542, "energy": 86.303925, "activity_lines": [ 76.36079, 75.436415, 74.026641, 72.960573 ] }, { "date": "2024-11-01", "close": 75.757294, "volume": 2549, "typical_volume": 2565.35, "trend": 71.622961, "fair_value": 58.489066, "relative_strength": 8.5448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.817567, "energy": 80.403269, "activity_lines": [ 76.274018, 75.62761, 74.279004, 73.244183 ] }, { "date": "2024-11-08", "close": 78.888969, "volume": 771, "typical_volume": 2443.7, "trend": 72.006784, "fair_value": 58.610496, "relative_strength": 14.159299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.944608, "energy": 89.636709, "activity_lines": [ 77.206344, 76.350459, 74.806081, 73.712957 ] }, { "date": "2024-11-15", "close": 78.076675, "volume": 6566, "typical_volume": 2772.0, "trend": 72.436111, "fair_value": 58.724502, "relative_strength": 14.163752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.810862, "energy": 85.449406, "activity_lines": [ 77.599104, 76.825084, 75.219852, 74.104563 ] }, { "date": "2024-11-22", "close": 78.634521, "volume": 0, "typical_volume": 2772.0, "trend": 72.839642, "fair_value": 58.846338, "relative_strength": 13.627118, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.896143, "energy": 84.414165, "activity_lines": [ 78.036235, 77.28327, 75.657043, 74.504461 ] }, { "date": "2024-11-29", "close": 79.711021, "volume": 8097, "typical_volume": 3176.85, "trend": 73.268363, "fair_value": 58.984721, "relative_strength": 14.225889, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.596894, "energy": 89.899257, "activity_lines": [ 78.723896, 77.847503, 76.167551, 74.947775 ] }, { "date": "2024-12-06", "close": 80.533104, "volume": 5255, "typical_volume": 3439.25, "trend": 73.681717, "fair_value": 59.117589, "relative_strength": 14.704944, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.557404, "energy": 93.007556, "activity_lines": [ 79.497032, 78.468858, 76.727269, 75.416468 ] }, { "date": "2024-12-13", "close": 80.066261, "volume": 0, "typical_volume": 3439.25, "trend": 74.040625, "fair_value": 59.24965, "relative_strength": 14.382347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.359773, "energy": 89.855071, "activity_lines": [ 79.796167, 78.911738, 77.202421, 75.828374 ] }, { "date": "2024-12-20", "close": 78.691559, "volume": 1226, "typical_volume": 3500.55, "trend": 74.349174, "fair_value": 59.36785, "relative_strength": 14.975055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.770801, "energy": 75.650406, "activity_lines": [ 79.558581, 79.009956, 77.504912, 76.128435 ] }, { "date": "2024-12-27", "close": 78.760307, "volume": 0, "typical_volume": 3411.85, "trend": 74.705703, "fair_value": 59.48084, "relative_strength": 12.604644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.320693, "energy": 64.213379, "activity_lines": [ 79.302919, 79.070883, 77.7704, 76.413024 ] }, { "date": "2025-01-03", "close": 78.288986, "volume": 721, "typical_volume": 3314.1, "trend": 74.98528, "fair_value": 59.599886, "relative_strength": 11.154735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.748647, "energy": 48.875522, "activity_lines": [ 78.881764, 79.014291, 77.947027, 76.644203 ] }, { "date": "2025-01-10", "close": 77.041924, "volume": 1264, "typical_volume": 3377.3, "trend": 75.192884, "fair_value": 59.714845, "relative_strength": 7.489156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.201459, "energy": 28.051626, "activity_lines": [ 78.139724, 78.705392, 77.977373, 76.77689 ] }, { "date": "2025-01-17", "close": 79.349457, "volume": 5475, "typical_volume": 3611.0, "trend": 75.459849, "fair_value": 59.85734, "relative_strength": 8.528474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.638724, "energy": 29.731137, "activity_lines": [ 78.399607, 78.792687, 78.211482, 77.045056 ] }, { "date": "2025-01-24", "close": 80.959816, "volume": 932, "typical_volume": 2891.2, "trend": 75.763911, "fair_value": 60.020618, "relative_strength": 7.719075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.138336, "energy": 46.679002, "activity_lines": [ 79.244064, 79.164402, 78.570435, 77.399893 ] }, { "date": "2025-01-31", "close": 80.900894, "volume": 1213, "typical_volume": 2911.3, "trend": 76.0439, "fair_value": 60.173058, "relative_strength": 4.765204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.685751, "energy": 54.053613, "activity_lines": [ 79.917663, 79.472984, 78.879177, 77.731311 ] }, { "date": "2025-02-07", "close": 80.026993, "volume": 5771, "typical_volume": 3199.85, "trend": 76.258018, "fair_value": 60.318634, "relative_strength": 3.511115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.608854, "energy": 58.508155, "activity_lines": [ 80.157255, 79.581467, 79.070411, 77.988285 ] }, { "date": "2025-02-14", "close": 80.989273, "volume": 0, "typical_volume": 3199.45, "trend": 76.553959, "fair_value": 60.481861, "relative_strength": 2.580642, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.221334, "energy": 74.437617, "activity_lines": [ 80.601741, 79.859166, 79.3276, 78.293527 ] }, { "date": "2025-02-21", "close": 80.596489, "volume": 1211, "typical_volume": 3139.85, "trend": 76.863792, "fair_value": 60.647318, "relative_strength": 1.082505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.352461, "energy": 65.921228, "activity_lines": [ 80.652141, 80.057156, 79.520696, 78.554335 ] }, { "date": "2025-02-28", "close": 77.945297, "volume": 0, "typical_volume": 2459.35, "trend": 77.143776, "fair_value": 60.793436, "relative_strength": -2.723848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.534812, "energy": 25.320249, "activity_lines": [ 79.735676, 79.76347, 79.433966, 78.62411 ] }, { "date": "2025-03-07", "close": 75.971634, "volume": 2013, "typical_volume": 2496.1, "trend": 77.358621, "fair_value": 60.933936, "relative_strength": -5.721154, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -11.914396, "energy": 15.980071, "activity_lines": [ 78.362291, 79.124504, 79.149781, 78.548488 ] }, { "date": "2025-03-14", "close": 74.203125, "volume": 2101, "typical_volume": 2258.25, "trend": 77.415026, "fair_value": 61.04936, "relative_strength": -6.784174, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -45.621665, "energy": 45.277449, "activity_lines": [ 76.72802, 78.214695, 78.702111, 78.344908 ] }, { "date": "2025-03-21", "close": 74.725189, "volume": 0, "typical_volume": 2130.8, "trend": 77.449817, "fair_value": 61.162037, "relative_strength": -7.223765, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.918039, "energy": 52.962136, "activity_lines": [ 75.656029, 77.474095, 78.316921, 78.17137 ] }, { "date": "2025-03-28", "close": 73.956863, "volume": 0, "typical_volume": 2092.25, "trend": 77.469726, "fair_value": 61.264358, "relative_strength": -6.473329, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.92185, "energy": 75.948513, "activity_lines": [ 74.745534, 76.635921, 77.863472, 77.946018 ] }, { "date": "2025-04-04", "close": 69.918182, "volume": 65204, "typical_volume": 5024.15, "trend": 77.413862, "fair_value": 61.347066, "relative_strength": -2.564836, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -66.598485, "energy": 86.179281, "activity_lines": [ 72.931454, 75.161489, 77.048873, 77.458821 ] }, { "date": "2025-04-11", "close": 69.435516, "volume": 23081, "typical_volume": 6178.2, "trend": 77.271642, "fair_value": 61.431807, "relative_strength": 0.203186, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.107107, "energy": 93.749186, "activity_lines": [ 71.491627, 73.800057, 76.227156, 76.944089 ] }, { "date": "2025-04-18", "close": 70.016693, "volume": 5607, "typical_volume": 6053.7, "trend": 77.117803, "fair_value": 61.526368, "relative_strength": -2.677891, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.84885, "energy": 89.325796, "activity_lines": [ 70.681266, 72.752755, 75.504594, 76.476028 ] }, { "date": "2025-04-25", "close": 72.489143, "volume": 8745, "typical_volume": 6228.2, "trend": 77.021261, "fair_value": 61.646551, "relative_strength": -1.675875, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.076897, "energy": 75.40442, "activity_lines": [ 70.974151, 72.336994, 75.063667, 76.177405 ] }, { "date": "2025-05-02", "close": 74.803993, "volume": 3682, "typical_volume": 6412.3, "trend": 77.019497, "fair_value": 61.789416, "relative_strength": -1.171011, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.196173, "energy": 51.624243, "activity_lines": [ 72.187722, 72.496663, 74.881507, 76.034355 ] }, { "date": "2025-05-09", "close": 75.119202, "volume": 2066, "typical_volume": 6454.3, "trend": 76.991702, "fair_value": 61.946307, "relative_strength": 0.481496, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.609976, "energy": 31.147336, "activity_lines": [ 73.449888, 72.818961, 74.754424, 75.911756 ] }, { "date": "2025-05-16", "close": 78.635796, "volume": 0, "typical_volume": 6454.3, "trend": 77.045897, "fair_value": 62.134308, "relative_strength": 2.874809, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.690387, "energy": 22.626524, "activity_lines": [ 75.537516, 73.832023, 74.979267, 76.017826 ] }, { "date": "2025-05-23", "close": 77.06958, "volume": 0, "typical_volume": 6418.25, "trend": 77.052125, "fair_value": 62.295315, "relative_strength": 1.795727, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.747104, "energy": 27.69397, "activity_lines": [ 76.489721, 74.51188, 75.055539, 76.019354 ] }, { "date": "2025-05-30", "close": 78.30088, "volume": 2150, "typical_volume": 6462.55, "trend": 77.136911, "fair_value": 62.463613, "relative_strength": 2.948348, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 25.68588, "energy": 34.727239, "activity_lines": [ 77.382167, 75.363491, 75.254884, 76.099919 ] }, { "date": "2025-06-06", "close": 79.689789, "volume": 4412, "typical_volume": 6409.4, "trend": 77.163605, "fair_value": 62.655353, "relative_strength": 3.359494, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.649933, "energy": 42.219262, "activity_lines": [ 78.350133, 76.402619, 75.580512, 76.264621 ] }, { "date": "2025-06-13", "close": 79.944191, "volume": 0, "typical_volume": 6362.8, "trend": 77.225856, "fair_value": 62.867669, "relative_strength": 5.340568, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.699711, "energy": 59.143615, "activity_lines": [ 79.07718, 77.383767, 75.928747, 76.444014 ] }, { "date": "2025-06-20", "close": 79.46981, "volume": 0, "typical_volume": 6302.15, "trend": 77.253699, "fair_value": 63.063196, "relative_strength": 6.889996, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.256387, "energy": 57.042963, "activity_lines": [ 79.324435, 78.096373, 76.23664, 76.588785 ] }, { "date": "2025-06-27", "close": 82.158005, "volume": 0, "typical_volume": 6013.6, "trend": 77.335265, "fair_value": 63.280679, "relative_strength": 9.208647, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.650363, "energy": 66.402779, "activity_lines": [ 80.412153, 79.1153, 76.807366, 76.905192 ] }, { "date": "2025-07-04", "close": 83.037598, "volume": 8830, "typical_volume": 6455.1, "trend": 77.418748, "fair_value": 63.496169, "relative_strength": 10.148716, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.331367, "energy": 76.535029, "activity_lines": [ 81.453841, 80.073401, 77.451715, 77.273084 ] }, { "date": "2025-07-11", "close": 83.245148, "volume": 163436, "typical_volume": 14566.35, "trend": 77.524711, "fair_value": 63.717956, "relative_strength": 10.403438, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.48455, "energy": 91.607988, "activity_lines": [ 82.248931, 80.877449, 78.106077, 77.648981 ] }, { "date": "2025-07-18", "close": 83.778831, "volume": 1502, "typical_volume": 14641.45, "trend": 77.694287, "fair_value": 63.933475, "relative_strength": 10.330708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.426345, "energy": 92.255217, "activity_lines": [ 82.984891, 81.625055, 78.798653, 78.052472 ] }, { "date": "2025-07-25", "close": 84.826439, "volume": 1254, "typical_volume": 14603.5, "trend": 77.896491, "fair_value": 64.146321, "relative_strength": 11.534266, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.941891, "energy": 94.217059, "activity_lines": [ 83.814411, 82.405687, 79.563223, 78.512611 ] }, { "date": "2025-08-01", "close": 85.043869, "volume": 288, "typical_volume": 14512.85, "trend": 78.121654, "fair_value": 64.355535, "relative_strength": 12.499333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.585464, "energy": 93.135435, "activity_lines": [ 84.359299, 83.113295, 80.306334, 78.973732 ] }, { "date": "2025-08-08", "close": 84.826439, "volume": 0, "typical_volume": 14512.85, "trend": 78.381138, "fair_value": 64.554633, "relative_strength": 11.487342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.979066, "energy": 89.752027, "activity_lines": [ 84.63932, 83.636383, 80.977115, 79.406299 ] }, { "date": "2025-08-15", "close": 85.883926, "volume": 0, "typical_volume": 14512.85, "trend": 78.598953, "fair_value": 64.7593, "relative_strength": 10.551625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.6615, "energy": 93.843828, "activity_lines": [ 85.15258, 84.233094, 81.700509, 79.89035 ] }, { "date": "2025-08-22", "close": 86.229836, "volume": 178, "typical_volume": 11261.55, "trend": 78.774621, "fair_value": 64.973814, "relative_strength": 8.926503, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.287364, "energy": 92.760857, "activity_lines": [ 85.605225, 84.780078, 82.40005, 80.382665 ] }, { "date": "2025-08-29", "close": 86.417618, "volume": 0, "typical_volume": 10107.5, "trend": 78.958512, "fair_value": 65.202372, "relative_strength": 9.467059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.605408, "energy": 89.632762, "activity_lines": [ 85.957064, 85.246919, 83.039801, 80.875762 ] }, { "date": "2025-09-05", "close": 86.210075, "volume": 2000, "typical_volume": 9927.15, "trend": 79.164614, "fair_value": 65.423421, "relative_strength": 7.284009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.514973, "energy": 87.9115, "activity_lines": [ 86.133643, 85.549702, 83.578918, 81.343604 ] }, { "date": "2025-09-12", "close": 87.838448, "volume": 771, "typical_volume": 9528.45, "trend": 79.39292, "fair_value": 65.671056, "relative_strength": 10.540875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.023714, "energy": 75.497402, "activity_lines": [ 86.775266, 86.074878, 84.196008, 81.903207 ] }, { "date": "2025-09-19", "close": 88.562088, "volume": 0, "typical_volume": 9344.35, "trend": 79.65844, "fair_value": 65.936346, "relative_strength": 11.876544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.088083, "energy": 76.039591, "activity_lines": [ 87.457302, 86.644337, 84.808924, 82.494766 ] }, { "date": "2025-09-26", "close": 88.125923, "volume": 0, "typical_volume": 9241.05, "trend": 79.997794, "fair_value": 66.201851, "relative_strength": 12.598241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.480588, "energy": 83.191366, "activity_lines": [ 87.815405, 87.037822, 85.314785, 83.041055 ] }, { "date": "2025-10-03", "close": 89.920158, "volume": 125, "typical_volume": 9247.3, "trend": 80.462745, "fair_value": 66.477975, "relative_strength": 9.282725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.137529, "energy": 91.422286, "activity_lines": [ 88.645181, 87.678493, 85.929589, 83.681208 ] }, { "date": "2025-10-10", "close": 88.631485, "volume": 0, "typical_volume": 9247.3, "trend": 80.94369, "fair_value": 66.750583, "relative_strength": 7.67073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.465271, "energy": 69.188662, "activity_lines": [ 88.811897, 87.992247, 86.367927, 84.208223 ] }, { "date": "2025-10-17", "close": 88.185394, "volume": 0, "typical_volume": 9139.8, "trend": 81.392364, "fair_value": 67.013671, "relative_strength": 5.523495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.780488, "energy": 67.306582, "activity_lines": [ 88.668488, 88.159665, 86.708724, 84.67543 ] }, { "date": "2025-10-24", "close": 89.71199, "volume": 0, "typical_volume": 8919.2, "trend": 81.917535, "fair_value": 67.273681, "relative_strength": 7.742493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.334008, "energy": 71.722596, "activity_lines": [ 89.010815, 88.543573, 87.147842, 85.21218 ] }, { "date": "2025-10-31", "close": 91.704483, "volume": 1202, "typical_volume": 8979.3, "trend": 82.643745, "fair_value": 67.556377, "relative_strength": 12.757878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.37771, "energy": 74.672924, "activity_lines": [ 89.940646, 89.220151, 87.728996, 85.843596 ] }, { "date": "2025-11-07", "close": 88.720688, "volume": 0, "typical_volume": 8979.3, "trend": 83.286584, "fair_value": 67.802186, "relative_strength": 8.357435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.70528, "energy": 63.313613, "activity_lines": [ 89.637308, 89.254682, 87.969978, 86.235657 ] }, { "date": "2025-11-14", "close": 90.177902, "volume": 0, "typical_volume": 8979.3, "trend": 83.958624, "fair_value": 68.057154, "relative_strength": 7.07793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.825201, "energy": 63.326758, "activity_lines": [ 89.899672, 89.512288, 88.305691, 86.680258 ] }, { "date": "2025-11-21", "close": 87.79879, "volume": 12, "typical_volume": 8538.4, "trend": 84.468946, "fair_value": 68.290849, "relative_strength": 4.19465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.516936, "energy": 49.173086, "activity_lines": [ 89.265905, 89.265185, 88.376631, 86.92801 ] }, { "date": "2025-11-28", "close": 91.159271, "volume": 0, "typical_volume": 366.6, "trend": 85.014122, "fair_value": 68.543532, "relative_strength": 6.385553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.425442, "energy": 48.530668, "activity_lines": [ 89.778072, 89.629799, 88.744945, 87.359644 ] }, { "date": "2025-12-05", "close": 91.704483, "volume": 14, "typical_volume": 292.2, "trend": 85.566964, "fair_value": 68.80713, "relative_strength": 6.097898, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.565773, "energy": 54.710827, "activity_lines": [ 90.375491, 90.046322, 89.127497, 87.791281 ] }, { "date": "2025-12-12", "close": 90.895935, "volume": 152, "typical_volume": 237.1, "trend": 85.975636, "fair_value": 69.073995, "relative_strength": 5.498106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.275908, "energy": 50.386798, "activity_lines": [ 90.703393, 90.250771, 89.395304, 88.135085 ] }, { "date": "2025-12-19", "close": 91.114677, "volume": 0, "typical_volume": 222.7, "trend": 86.443806, "fair_value": 69.343911, "relative_strength": 3.467265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.615414, "energy": 54.336629, "activity_lines": [ 90.959194, 90.47725, 89.655041, 88.466636 ] }, { "date": "2025-12-26", "close": 91.959801, "volume": 0, "typical_volume": 222.7, "trend": 86.899103, "fair_value": 69.621016, "relative_strength": 3.82322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.79618, "energy": 63.831218, "activity_lines": [ 91.43425, 90.812239, 89.966357, 88.822507 ] }, { "date": "2026-01-02", "close": 92.148712, "volume": 0, "typical_volume": 222.7, "trend": 87.3144, "fair_value": 69.895729, "relative_strength": 3.780202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.595398, "energy": 62.498243, "activity_lines": [ 91.694877, 91.11295, 90.261696, 89.161191 ] }, { "date": "2026-01-09", "close": 92.755219, "volume": 1531, "typical_volume": 290.35, "trend": 87.741435, "fair_value": 70.165718, "relative_strength": 3.150185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.576813, "energy": 67.437651, "activity_lines": [ 92.091709, 91.479631, 90.584966, 89.512212 ] }, { "date": "2026-01-16", "close": 92.894417, "volume": 0, "typical_volume": 290.35, "trend": 88.188922, "fair_value": 70.439226, "relative_strength": 3.277191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.833359, "energy": 71.165287, "activity_lines": [ 92.464892, 91.852517, 90.890419, 89.844662 ] }, { "date": "2026-01-23", "close": 92.337631, "volume": 0, "typical_volume": 190.35, "trend": 88.528242, "fair_value": 70.697867, "relative_strength": 4.608453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.124116, "energy": 59.668162, "activity_lines": [ 92.519247, 92.048282, 91.112003, 90.112321 ] }, { "date": "2026-01-30", "close": 92.377396, "volume": 160, "typical_volume": 159.8, "trend": 88.839569, "fair_value": 70.94699, "relative_strength": 4.153399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.413828, "energy": 53.43224, "activity_lines": [ 92.505327, 92.21201, 91.308196, 90.360653 ] }, { "date": "2026-02-06", "close": 91.154449, "volume": 0, "typical_volume": 159.8, "trend": 89.103212, "fair_value": 71.196336, "relative_strength": 0.787754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.141616, "energy": 39.608776, "activity_lines": [ 92.055918, 92.070136, 91.366303, 90.510001 ] }, { "date": "2026-02-13", "close": 91.224045, "volume": 3679, "typical_volume": 343.75, "trend": 89.351386, "fair_value": 71.447777, "relative_strength": -0.502345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.923263, "energy": 27.334754, "activity_lines": [ 91.695993, 91.941004, 91.418694, 90.646828 ] }, { "date": "2026-02-20", "close": 91.790771, "volume": 1734, "typical_volume": 424.2, "trend": 89.583531, "fair_value": 71.710302, "relative_strength": -1.867306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.872073, "energy": 21.817315, "activity_lines": [ 91.627054, 91.923648, 91.510306, 90.804208 ] }, { "date": "2026-02-27", "close": 91.641632, "volume": 0, "typical_volume": 424.2, "trend": 89.803456, "fair_value": 71.967657, "relative_strength": -3.257486, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.957248, "energy": 22.829967, "activity_lines": [ 91.581978, 91.862906, 91.578806, 90.936989 ] }, { "date": "2026-03-06", "close": 91.701294, "volume": 729, "typical_volume": 460.65, "trend": 90.032618, "fair_value": 72.231989, "relative_strength": 3.24675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.480881, "energy": 19.196485, "activity_lines": [ 91.60319, 91.803431, 91.638655, 91.05943 ] }, { "date": "2026-03-13", "close": 88.858391, "volume": 256, "typical_volume": 473.45, "trend": 90.131767, "fair_value": 72.478629, "relative_strength": 1.703732, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -17.028849, "energy": 20.007606, "activity_lines": [ 90.721841, 91.231765, 91.411008, 90.983673 ] }, { "date": "2026-03-20", "close": 87.562202, "volume": 78, "typical_volume": 417.25, "trend": 90.176179, "fair_value": 72.715549, "relative_strength": 4.026736, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -48.271965, "energy": 57.300519, "activity_lines": [ 89.561499, 90.484251, 91.06398, 90.817895 ] }, { "date": "2026-03-27", "close": 85.607956, "volume": 12250, "typical_volume": 1029.75, "trend": 90.14919, "fair_value": 72.928841, "relative_strength": -0.605759, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -54.93787, "energy": 78.394125, "activity_lines": [ 87.993865, 89.475839, 90.550558, 90.523171 ] }, { "date": "2026-04-03", "close": 87.891235, "volume": 308, "typical_volume": 1045.15, "trend": 90.205229, "fair_value": 73.15634, "relative_strength": -1.403592, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.364179, "energy": 72.041006, "activity_lines": [ 87.599512, 89.01505, 90.269414, 90.377496 ] }, { "date": "2026-04-10", "close": 91.181541, "volume": 1412, "typical_volume": 1115.15, "trend": 90.316665, "fair_value": 73.401741, "relative_strength": 0.517544, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.122866, "energy": 51.219139, "activity_lines": [ 88.551954, 89.233342, 90.312521, 90.440484 ] }, { "date": "2026-04-17", "close": 95.050156, "volume": 4432, "typical_volume": 1336.75, "trend": 90.532934, "fair_value": 73.671697, "relative_strength": 2.574334, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.530055, "energy": 13.67092, "activity_lines": [ 90.828584, 90.17676, 90.70796, 90.745871 ] }, { "date": "2026-04-24", "close": 95.219658, "volume": 2494, "typical_volume": 1460.75, "trend": 90.769392, "fair_value": 73.941573, "relative_strength": 4.425092, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.931676, "energy": 51.608298, "activity_lines": [ 92.748931, 91.080167, 91.101013, 91.04824 ] }, { "date": "2026-05-01", "close": 95.259537, "volume": 4924, "typical_volume": 1699.35, "trend": 90.947371, "fair_value": 74.214097, "relative_strength": 4.402065, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 75.114519, "energy": 62.742934, "activity_lines": [ 94.172073, 91.918177, 91.481126, 91.337927 ] }, { "date": "2026-05-08", "close": 98.689445, "volume": 12619, "typical_volume": 2330.3, "trend": 91.282637, "fair_value": 74.507871, "relative_strength": 8.06094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.478461, "energy": 93.664988, "activity_lines": [ 96.09508, 93.316738, 92.167117, 91.837416 ] }, { "date": "2026-05-15", "close": 99.16803, "volume": 6204, "typical_volume": 2640.5, "trend": 91.648725, "fair_value": 74.799255, "relative_strength": 7.269832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.375833, "energy": 95.03369, "activity_lines": [ 97.457734, 94.674172, 92.862617, 92.346151 ] }, { "date": "2026-05-22", "close": 100.085327, "volume": 52590, "typical_volume": 5270.0, "trend": 91.994502, "fair_value": 75.095722, "relative_strength": 5.674835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.555871, "energy": 94.401463, "activity_lines": [ 98.593721, 96.062629, 93.611155, 92.890447 ] }, { "date": "2026-05-29", "close": 101.281815, "volume": 11868, "typical_volume": 5786.85, "trend": 92.313747, "fair_value": 75.39256, "relative_strength": 6.313328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.438629, "energy": 94.442647, "activity_lines": [ 99.79286, 97.464502, 94.43585, 93.489629 ] }, { "date": "2026-06-05", "close": 101.062454, "volume": 228, "typical_volume": 5798.25, "trend": 92.725139, "fair_value": 75.68652, "relative_strength": 6.983702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.995893, "energy": 90.601869, "activity_lines": [ 100.514734, 98.577045, 95.199051, 94.054062 ] }, { "date": "2026-06-12", "close": 99.279999, "volume": 3133, "typical_volume": 5954.9, "trend": 93.028542, "fair_value": 75.958164, "relative_strength": 2.460587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.985299, "energy": 79.020391, "activity_lines": [ 100.255596, 99.084514, 95.753598, 94.476956 ] }, { "date": "2026-06-19", "close": 100.040001, "volume": 762, "typical_volume": 5985.0, "trend": 93.436583, "fair_value": 76.240406, "relative_strength": 2.5915, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.204108, "energy": 66.017727, "activity_lines": [ 100.210421, 99.523097, 96.347468, 94.929308 ] }, { "date": "2026-06-26", "close": 97.790001, "volume": 464, "typical_volume": 6008.2, "trend": 93.657607, "fair_value": 76.50102, "relative_strength": -2.548126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.208113, "energy": 55.782471, "activity_lines": [ 99.357115, 99.391525, 96.690564, 95.210174 ] }, { "date": "2026-07-03", "close": 100.540001, "volume": 240, "typical_volume": 5836.25, "trend": 93.952124, "fair_value": 76.781109, "relative_strength": -1.564006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.353833, "energy": 53.93921, "activity_lines": [ 99.573498, 99.710139, 97.263966, 95.654199 ] }, { "date": "2026-07-10", "close": 101.220001, "volume": 3491, "typical_volume": 5924.1, "trend": 94.29626, "fair_value": 77.056259, "relative_strength": 0.381204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.315324, "energy": 63.154921, "activity_lines": [ 100.066001, 100.055655, 97.857769, 96.123094 ] }, { "date": "2026-07-17", "close": 99.919998, "volume": 1834, "typical_volume": 6015.8, "trend": 94.589771, "fair_value": 77.320057, "relative_strength": -1.651567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.2854, "energy": 57.53857, "activity_lines": [ 100.114667, 100.056435, 98.282861, 96.485916 ] }, { "date": "2026-07-24", "close": 99.5, "volume": 2416, "typical_volume": 6100.15, "trend": 94.84111, "fair_value": 77.578268, "relative_strength": -1.912169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.656232, "energy": 57.103201, "activity_lines": [ 99.980667, 99.958479, 98.628532, 96.802705 ] }, { "date": "2026-07-31", "close": 100.160004, "volume": 2605, "typical_volume": 6217.6, "trend": 95.108154, "fair_value": 77.846069, "relative_strength": -1.337346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.944105, "energy": 52.271494, "activity_lines": [ 100.102668, 99.974487, 98.999924, 97.14586 ] }, { "date": "2026-08-07", "close": 104.080002, "volume": 61553, "typical_volume": 9291.35, "trend": 95.485646, "fair_value": 78.144478, "relative_strength": 1.120874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.848612, "energy": 68.016571, "activity_lines": [ 101.373335, 100.701864, 99.690832, 97.724689 ] } ], "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." } } }