{ "ticker": { "uuid": "8cc2848c-32f2-4f40-b832-570bca534fad", "symbol": "QCE", "name": "Mackenzie Canadian Large Cap Equity Index ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 93.334, "architecture_energy": 91.733, "architecture_maturity": 38.296, "architecture_confidence": 75.049, "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": 1.73, "rotation_up": 82.45, "upward_expansion": 97.23, "deceleration": 41.09, "rotation_down": 15.64, "downward_expansion": 19.23 }, "activity_lines": [ 214.087334, 212.17875, 208.53118, 205.183751 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 216.889999, "trend_reference": 201.06562, "distance_from_trend": 0.078703, "trend_direction": "Improving", "fair_value": 153.452931, "distance_from_fair_value": 0.413398, "fair_value_direction": "Improving", "relative_strength": 0.830425, "relative_strength_direction": "Improving", "price_momentum": 0.140378, "excess_performance": 0.019957, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078703, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044547, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.413398, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039289, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.008304, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.015369, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.140378, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 12.357143, "read": "Demand-led" } ], "volume": { "latest": 1000, "relative_activity": 0.555556, "balance": 12.357143, "dry_up": 0.861111, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.010187, "annualized_volatility": 0.104333, "from_high_reference": -0.002988, "from_low_reference": 0.318088 }, "levels": { "trend_reference": 201.06562, "fair_value_reference": 153.452931, "structural_low": 186.791, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 47, "median_return": 0.014445, "positive_rate": 0.680851, "directional_follow_through": 0.680851, "median_excess_return": 0.002668, "regime_survival": 0.787234, "best_return": 0.058639, "worst_return": -0.090757, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 17, "median_return": 0.026678, "positive_rate": 0.764706, "directional_follow_through": 0.764706, "median_excess_return": 0.004267, "regime_survival": 0.764706, "best_return": 0.13705, "worst_return": -0.064457, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.079065, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.005747, "regime_survival": 0.555556, "best_return": 0.189199, "worst_return": -0.078872, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.140536, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.03714, "regime_survival": 0.75, "best_return": 0.303978, "worst_return": -0.020125, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-11-17", "end": "2023-12-01", "tenure": "New", "return": 0.005424, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-05-03", "tenure": "Established", "return": 0.089624, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-17", "tenure": "New", "return": 0.001697, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.028645, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": 0.05151, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2025-01-03", "tenure": "Established", "return": 0.127323, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.042804, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.034947, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.058991, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.061688, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": 0.023861, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2026-03-20", "tenure": "Extended", "return": 0.204787, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.06842, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.0842, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 110.594856, "volume": 1400, "typical_volume": 1095.0, "trend": 111.533133, "fair_value": 104.349293, "relative_strength": 1.736658, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.97048, "energy": 23.201415, "activity_lines": [ 112.425826, 112.26748, 111.861616, 111.630571 ] }, { "date": "2023-08-25", "close": 110.870972, "volume": 24300, "typical_volume": 2225.0, "trend": 111.449046, "fair_value": 104.510063, "relative_strength": 1.855833, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 19.590895, "energy": 13.653765, "activity_lines": [ 111.731848, 112.095266, 111.761042, 111.587851 ] }, { "date": "2023-09-01", "close": 114.819473, "volume": 300, "typical_volume": 2230.0, "trend": 111.491146, "fair_value": 104.710542, "relative_strength": 1.773083, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.244146, "energy": 25.782204, "activity_lines": [ 112.578613, 112.646165, 112.037227, 111.805298 ] }, { "date": "2023-09-08", "close": 112.665749, "volume": 700, "typical_volume": 2205.0, "trend": 111.475634, "fair_value": 104.899633, "relative_strength": 2.124448, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.287301, "energy": 15.187355, "activity_lines": [ 112.671882, 112.694194, 112.100023, 111.881078 ] }, { "date": "2023-09-15", "close": 115.666229, "volume": 1000, "typical_volume": 2225.0, "trend": 111.565868, "fair_value": 105.107957, "relative_strength": 1.98905, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.837448, "energy": 52.872939, "activity_lines": [ 113.719291, 113.254128, 112.455256, 112.151439 ] }, { "date": "2023-09-22", "close": 110.983147, "volume": 900, "typical_volume": 2115.0, "trend": 111.59442, "fair_value": 105.298724, "relative_strength": 1.961829, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.650389, "energy": 31.080458, "activity_lines": [ 113.072521, 112.863692, 112.353697, 112.113845 ] }, { "date": "2023-09-29", "close": 110.027039, "volume": 1700, "typical_volume": 2125.0, "trend": 111.544343, "fair_value": 105.468305, "relative_strength": 2.249107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.999932, "energy": 5.496858, "activity_lines": [ 112.081163, 112.327333, 112.174335, 112.012723 ] }, { "date": "2023-10-06", "close": 108.634651, "volume": 2400, "typical_volume": 2210.0, "trend": 111.544989, "fair_value": 105.623057, "relative_strength": 2.462379, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.207394, "energy": 29.673503, "activity_lines": [ 110.681937, 111.614406, 111.875307, 111.825001 ] }, { "date": "2023-10-13", "close": 109.906357, "volume": 2500, "typical_volume": 2280.0, "trend": 111.628748, "fair_value": 105.787694, "relative_strength": 2.4334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.615056, "energy": 33.986369, "activity_lines": [ 110.118935, 111.235443, 111.715923, 111.719283 ] }, { "date": "2023-10-20", "close": 109.470078, "volume": 4100, "typical_volume": 2340.0, "trend": 111.723968, "fair_value": 105.954247, "relative_strength": 3.749032, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.701798, "energy": 60.191699, "activity_lines": [ 109.594466, 110.814777, 111.512125, 111.580014 ] }, { "date": "2023-10-27", "close": 106.37896, "volume": 1200, "typical_volume": 2345.0, "trend": 111.598756, "fair_value": 106.125087, "relative_strength": 2.757112, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.35852, "energy": 75.211401, "activity_lines": [ 108.452702, 109.908432, 111.01858, 111.235175 ] }, { "date": "2023-11-03", "close": 112.227028, "volume": 1000, "typical_volume": 2390.0, "trend": 111.638978, "fair_value": 106.333414, "relative_strength": 2.37762, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.700394, "energy": 35.087675, "activity_lines": [ 109.567239, 110.142025, 111.099229, 111.275708 ] }, { "date": "2023-11-10", "close": 111.140945, "volume": 2500, "typical_volume": 2500.0, "trend": 111.574264, "fair_value": 106.497083, "relative_strength": 2.188564, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.597079, "energy": 22.826179, "activity_lines": [ 110.173082, 110.153493, 111.071348, 111.243577 ] }, { "date": "2023-11-17", "close": 114.659065, "volume": 2300, "typical_volume": 2545.0, "trend": 111.593974, "fair_value": 106.675666, "relative_strength": 2.623929, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.716191, "energy": 12.018094, "activity_lines": [ 111.784546, 110.871502, 111.366896, 111.442597 ] }, { "date": "2023-11-24", "close": 114.259911, "volume": 400, "typical_volume": 2540.0, "trend": 111.622581, "fair_value": 106.839451, "relative_strength": 2.55562, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 14.35826, "energy": 25.400256, "activity_lines": [ 112.946111, 111.480695, 111.606129, 111.614593 ] }, { "date": "2023-12-01", "close": 115.281013, "volume": 1300, "typical_volume": 2525.0, "trend": 111.673059, "fair_value": 107.00691, "relative_strength": 1.641816, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.673811, "energy": 59.032184, "activity_lines": [ 114.128721, 112.301112, 111.923403, 111.85062 ] }, { "date": "2023-12-08", "close": 115.643044, "volume": 14800, "typical_volume": 3225.0, "trend": 111.769668, "fair_value": 107.170461, "relative_strength": 2.504658, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.716791, "energy": 71.830114, "activity_lines": [ 114.838539, 113.10921, 112.262002, 112.106748 ] }, { "date": "2023-12-15", "close": 116.859055, "volume": 3800, "typical_volume": 3395.0, "trend": 111.91411, "fair_value": 107.339586, "relative_strength": 2.500957, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.886221, "energy": 76.400945, "activity_lines": [ 115.725958, 114.036292, 112.709728, 112.435096 ] }, { "date": "2023-12-22", "close": 118.942917, "volume": 7600, "typical_volume": 3750.0, "trend": 112.235372, "fair_value": 107.522332, "relative_strength": 2.489888, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.063127, "energy": 86.176143, "activity_lines": [ 116.926792, 115.192723, 113.343663, 112.888567 ] }, { "date": "2023-12-29", "close": 119.261932, "volume": 500, "typical_volume": 3735.0, "trend": 112.529252, "fair_value": 107.707122, "relative_strength": 2.308883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.209615, "energy": 88.392432, "activity_lines": [ 117.948373, 116.242856, 113.974802, 113.341894 ] }, { "date": "2024-01-05", "close": 119.684143, "volume": 1700, "typical_volume": 3750.0, "trend": 112.852107, "fair_value": 107.884137, "relative_strength": 2.676003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.672873, "energy": 90.695261, "activity_lines": [ 118.777223, 117.19172, 114.619519, 113.8035 ] }, { "date": "2024-01-12", "close": 119.909348, "volume": 4100, "typical_volume": 2740.0, "trend": 113.143845, "fair_value": 108.063141, "relative_strength": 2.518044, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.194832, "energy": 89.690183, "activity_lines": [ 119.3876, 117.939619, 115.242401, 114.258806 ] }, { "date": "2024-01-19", "close": 119.562187, "volume": 1000, "typical_volume": 2775.0, "trend": 113.505957, "fair_value": 108.24396, "relative_strength": 2.525252, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.247365, "energy": 84.101783, "activity_lines": [ 119.597836, 118.484719, 115.78918, 114.672892 ] }, { "date": "2024-01-26", "close": 120.80069, "volume": 1000, "typical_volume": 2790.0, "trend": 113.838788, "fair_value": 108.449315, "relative_strength": 2.428166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.330984, "energy": 84.972707, "activity_lines": [ 120.040697, 119.101888, 116.431328, 115.14352 ] }, { "date": "2024-02-02", "close": 120.828827, "volume": 4200, "typical_volume": 2950.0, "trend": 114.192193, "fair_value": 108.650483, "relative_strength": 2.555468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.558761, "energy": 87.423741, "activity_lines": [ 120.369086, 119.612507, 117.037417, 115.59449 ] }, { "date": "2024-02-09", "close": 120.519196, "volume": 3400, "typical_volume": 3075.0, "trend": 114.458883, "fair_value": 108.82133, "relative_strength": 2.572782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.676125, "energy": 79.637608, "activity_lines": [ 120.489805, 119.947394, 117.589434, 116.002684 ] }, { "date": "2024-02-16", "close": 122.067345, "volume": 4300, "typical_volume": 3205.0, "trend": 114.719807, "fair_value": 108.998717, "relative_strength": 2.604513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.002128, "energy": 85.603184, "activity_lines": [ 121.070904, 120.468523, 118.243484, 116.493553 ] }, { "date": "2024-02-23", "close": 123.399643, "volume": 1300, "typical_volume": 3150.0, "trend": 115.023607, "fair_value": 109.196655, "relative_strength": 2.849261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.905569, "energy": 83.800379, "activity_lines": [ 121.952235, 121.115083, 118.967085, 117.053542 ] }, { "date": "2024-03-01", "close": 124.459877, "volume": 3000, "typical_volume": 3175.0, "trend": 115.439755, "fair_value": 109.400188, "relative_strength": 2.937218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.279763, "energy": 73.776612, "activity_lines": [ 122.931147, 121.835493, 119.721351, 117.662334 ] }, { "date": "2024-03-08", "close": 125.332458, "volume": 3600, "typical_volume": 3150.0, "trend": 115.828538, "fair_value": 109.588295, "relative_strength": 2.680085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.759774, "energy": 83.03391, "activity_lines": [ 123.956974, 122.614246, 120.489418, 118.300573 ] }, { "date": "2024-03-15", "close": 125.707764, "volume": 2700, "typical_volume": 3225.0, "trend": 116.332301, "fair_value": 109.772912, "relative_strength": 2.385962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.78513, "energy": 90.75811, "activity_lines": [ 124.807661, 123.350862, 121.217692, 118.937942 ] }, { "date": "2024-03-22", "close": 127.387825, "volume": 1200, "typical_volume": 3235.0, "trend": 116.882863, "fair_value": 109.972515, "relative_strength": 3.002186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.292884, "energy": 94.422856, "activity_lines": [ 125.872463, 124.283424, 122.013931, 119.651202 ] }, { "date": "2024-03-29", "close": 127.680901, "volume": 1600, "typical_volume": 3190.0, "trend": 117.311577, "fair_value": 110.170643, "relative_strength": 2.289229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.684995, "energy": 90.814423, "activity_lines": [ 126.680259, 125.133301, 122.765887, 120.347849 ] }, { "date": "2024-04-05", "close": 127.888878, "volume": 2600, "typical_volume": 3205.0, "trend": 117.819015, "fair_value": 110.357568, "relative_strength": 1.921607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.961346, "energy": 86.622824, "activity_lines": [ 127.271964, 125.873378, 123.458889, 121.030256 ] }, { "date": "2024-04-12", "close": 125.912941, "volume": 5800, "typical_volume": 3475.0, "trend": 118.160572, "fair_value": 110.530948, "relative_strength": 1.928007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.651861, "energy": 66.873404, "activity_lines": [ 126.976422, 126.125318, 123.900708, 121.552444 ] }, { "date": "2024-04-19", "close": 125.374016, "volume": 3600, "typical_volume": 3590.0, "trend": 118.640268, "fair_value": 110.707856, "relative_strength": 1.840475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.892074, "energy": 63.275196, "activity_lines": [ 126.46254, 126.186833, 124.235709, 122.017828 ] }, { "date": "2024-04-26", "close": 126.253304, "volume": 1700, "typical_volume": 2935.0, "trend": 119.181143, "fair_value": 110.885836, "relative_strength": 1.712233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.189554, "energy": 52.5578, "activity_lines": [ 126.264004, 126.319949, 124.606391, 122.508992 ] }, { "date": "2024-05-03", "close": 126.007454, "volume": 3500, "typical_volume": 2920.0, "trend": 119.760237, "fair_value": 111.056138, "relative_strength": 1.544805, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.147858, "energy": 41.96764, "activity_lines": [ 126.059153, 126.332257, 124.903133, 122.949399 ] }, { "date": "2024-05-10", "close": 128.14415, "volume": 1100, "typical_volume": 2595.0, "trend": 120.368163, "fair_value": 111.242171, "relative_strength": 1.516438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.195415, "energy": 49.189501, "activity_lines": [ 126.678097, 126.685641, 125.359806, 123.490296 ] }, { "date": "2024-05-17", "close": 128.361603, "volume": 1500, "typical_volume": 2645.0, "trend": 120.997881, "fair_value": 111.419757, "relative_strength": 0.917026, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.768602, "energy": 61.176904, "activity_lines": [ 127.352507, 127.011574, 125.793373, 124.006002 ] }, { "date": "2024-05-24", "close": 128.059052, "volume": 1100, "typical_volume": 2615.0, "trend": 121.72055, "fair_value": 111.584627, "relative_strength": 1.244942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.688231, "energy": 60.184441, "activity_lines": [ 127.762822, 127.227423, 126.154795, 124.461562 ] }, { "date": "2024-05-31", "close": 126.328896, "volume": 1200, "typical_volume": 2470.0, "trend": 122.190613, "fair_value": 111.732303, "relative_strength": 0.055961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.825492, "energy": 53.233367, "activity_lines": [ 127.417417, 127.085947, 126.311559, 124.758874 ] }, { "date": "2024-06-07", "close": 127.586334, "volume": 2700, "typical_volume": 2555.0, "trend": 122.738792, "fair_value": 111.884741, "relative_strength": 2.162607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.44829, "energy": 49.004528, "activity_lines": [ 127.486118, 127.19235, 126.55751, 125.106985 ] }, { "date": "2024-06-14", "close": 124.390793, "volume": 900, "typical_volume": 2550.0, "trend": 123.063183, "fair_value": 112.017025, "relative_strength": 1.234232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.389134, "energy": 19.410824, "activity_lines": [ 126.38438, 126.719464, 126.460913, 125.213566 ] }, { "date": "2024-06-21", "close": 123.974785, "volume": 1900, "typical_volume": 2435.0, "trend": 123.387012, "fair_value": 112.140525, "relative_strength": 1.237062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.653152, "energy": 14.792877, "activity_lines": [ 125.394196, 126.234543, 126.307601, 125.272379 ] }, { "date": "2024-06-28", "close": 125.975082, "volume": 4300, "typical_volume": 2480.0, "trend": 123.743481, "fair_value": 112.274633, "relative_strength": 1.272147, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.509117, "energy": 17.779709, "activity_lines": [ 125.363233, 126.14855, 126.329813, 125.439351 ] }, { "date": "2024-07-05", "close": 127.185883, "volume": 3900, "typical_volume": 2460.0, "trend": 124.128243, "fair_value": 112.418717, "relative_strength": 1.325297, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.307891, "energy": 19.337343, "activity_lines": [ 125.874801, 126.271776, 126.441358, 125.661442 ] }, { "date": "2024-07-12", "close": 130.360764, "volume": 1800, "typical_volume": 2485.0, "trend": 124.5783, "fair_value": 112.585146, "relative_strength": 0.972956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.360703, "energy": 39.805426, "activity_lines": [ 127.387531, 126.955296, 126.830899, 126.06354 ] }, { "date": "2024-07-19", "close": 130.532394, "volume": 6300, "typical_volume": 2650.0, "trend": 124.964616, "fair_value": 112.752066, "relative_strength": 0.964785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.304397, "energy": 71.962692, "activity_lines": [ 128.772508, 127.59087, 127.203638, 126.447675 ] }, { "date": "2024-07-26", "close": 131.457214, "volume": 6600, "typical_volume": 2800.0, "trend": 125.371125, "fair_value": 112.919988, "relative_strength": 1.060108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.869754, "energy": 83.147653, "activity_lines": [ 130.056319, 128.351171, 127.635538, 126.866552 ] }, { "date": "2024-08-02", "close": 127.643555, "volume": 6100, "typical_volume": 2970.0, "trend": 125.636439, "fair_value": 113.054162, "relative_strength": 0.649625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.010483, "energy": 69.344343, "activity_lines": [ 129.570082, 128.361796, 127.675067, 127.013161 ] }, { "date": "2024-08-09", "close": 129.169022, "volume": 2200, "typical_volume": 3020.0, "trend": 125.945094, "fair_value": 113.195569, "relative_strength": 1.395382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.857687, "energy": 57.332573, "activity_lines": [ 129.481102, 128.657332, 127.85066, 127.241069 ] }, { "date": "2024-08-16", "close": 133.53566, "volume": 2900, "typical_volume": 3085.0, "trend": 126.410877, "fair_value": 113.373825, "relative_strength": 1.371242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.27862, "energy": 55.40697, "activity_lines": [ 130.715458, 129.695165, 128.433642, 127.730783 ] }, { "date": "2024-08-23", "close": 134.956253, "volume": 3400, "typical_volume": 3125.0, "trend": 126.882729, "fair_value": 113.550171, "relative_strength": 1.360829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.175751, "energy": 60.283087, "activity_lines": [ 132.211686, 130.883117, 129.124039, 128.282098 ] }, { "date": "2024-08-30", "close": 135.537842, "volume": 2100, "typical_volume": 2940.0, "trend": 127.373029, "fair_value": 113.725207, "relative_strength": 1.461537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.782797, "energy": 86.280734, "activity_lines": [ 133.606853, 131.984714, 129.83617, 128.840492 ] }, { "date": "2024-09-06", "close": 132.620377, "volume": 1400, "typical_volume": 2830.0, "trend": 127.776402, "fair_value": 113.881542, "relative_strength": 1.667417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.793787, "energy": 79.168584, "activity_lines": [ 133.75749, 132.345625, 130.224616, 129.179031 ] }, { "date": "2024-09-13", "close": 137.158646, "volume": 4400, "typical_volume": 2965.0, "trend": 128.279446, "fair_value": 114.078649, "relative_strength": 1.562238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.034326, "energy": 87.440724, "activity_lines": [ 135.089095, 133.410852, 131.01077, 129.784337 ] }, { "date": "2024-09-20", "close": 138.636459, "volume": 3600, "typical_volume": 2970.0, "trend": 128.787339, "fair_value": 114.285657, "relative_strength": 1.30454, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.506515, "energy": 89.007493, "activity_lines": [ 136.380663, 134.563449, 131.885739, 130.452531 ] }, { "date": "2024-09-27", "close": 139.509598, "volume": 6700, "typical_volume": 3250.0, "trend": 129.288997, "fair_value": 114.504951, "relative_strength": 1.496475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.979351, "energy": 88.538516, "activity_lines": [ 137.623224, 135.724332, 132.783726, 131.14429 ] }, { "date": "2024-10-04", "close": 140.105148, "volume": 4500, "typical_volume": 3400.0, "trend": 129.78142, "fair_value": 114.731016, "relative_strength": 1.008652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.078887, "energy": 91.222411, "activity_lines": [ 138.760745, 136.830275, 133.68431, 131.842106 ] }, { "date": "2024-10-11", "close": 142.304764, "volume": 11200, "typical_volume": 3905.0, "trend": 130.334653, "fair_value": 114.946938, "relative_strength": 1.244458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.251216, "energy": 93.680261, "activity_lines": [ 140.326985, 138.178913, 134.73846, 132.650064 ] }, { "date": "2024-10-18", "close": 144.235474, "volume": 2500, "typical_volume": 3970.0, "trend": 130.896241, "fair_value": 115.160468, "relative_strength": 1.137359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.633083, "energy": 94.978872, "activity_lines": [ 141.891168, 139.612021, 135.908651, 133.546891 ] }, { "date": "2024-10-25", "close": 142.535294, "volume": 2500, "typical_volume": 3960.0, "trend": 131.391388, "fair_value": 115.366221, "relative_strength": 1.360496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.511637, "energy": 86.057189, "activity_lines": [ 142.416837, 140.462071, 136.83165, 134.297797 ] }, { "date": "2024-11-01", "close": 141.248169, "volume": 9200, "typical_volume": 4375.0, "trend": 131.836698, "fair_value": 115.552633, "relative_strength": 1.253577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.003438, "energy": 80.12785, "activity_lines": [ 142.253541, 140.914468, 137.56088, 134.933719 ] }, { "date": "2024-11-08", "close": 144.360336, "volume": 2200, "typical_volume": 4390.0, "trend": 132.451611, "fair_value": 115.748517, "relative_strength": 1.317613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.072526, "energy": 71.125498, "activity_lines": [ 143.01173, 141.818315, 138.506234, 135.741695 ] }, { "date": "2024-11-15", "close": 145.935608, "volume": 4000, "typical_volume": 4375.0, "trend": 133.136997, "fair_value": 115.956617, "relative_strength": 1.821648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.968027, "energy": 72.592334, "activity_lines": [ 144.01133, 142.848166, 139.50454, 136.611631 ] }, { "date": "2024-11-22", "close": 149.028564, "volume": 3100, "typical_volume": 4335.0, "trend": 133.896172, "fair_value": 116.183094, "relative_strength": 1.658472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.299196, "energy": 82.99172, "activity_lines": [ 145.799859, 144.198278, 140.702363, 137.636893 ] }, { "date": "2024-11-29", "close": 150.430984, "volume": 2300, "typical_volume": 4360.0, "trend": 134.71029, "fair_value": 116.447374, "relative_strength": 1.722455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.210992, "energy": 91.337277, "activity_lines": [ 147.736323, 145.587558, 141.929737, 138.703655 ] }, { "date": "2024-12-06", "close": 150.79599, "volume": 1700, "typical_volume": 4130.0, "trend": 135.465351, "fair_value": 116.705188, "relative_strength": 1.733832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.61382, "energy": 93.059007, "activity_lines": [ 149.268075, 146.828757, 143.096301, 139.741442 ] }, { "date": "2024-12-13", "close": 148.529129, "volume": 1500, "typical_volume": 3875.0, "trend": 136.137602, "fair_value": 116.962403, "relative_strength": 1.797205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.465246, "energy": 86.911258, "activity_lines": [ 149.407686, 147.452593, 143.95048, 140.584267 ] }, { "date": "2024-12-20", "close": 144.571655, "volume": 2200, "typical_volume": 3680.0, "trend": 136.688022, "fair_value": 117.169404, "relative_strength": 1.74163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.945683, "energy": 65.597135, "activity_lines": [ 147.95022, 147.203725, 144.346462, 141.128399 ] }, { "date": "2024-12-27", "close": 145.582321, "volume": 3900, "typical_volume": 3765.0, "trend": 137.329803, "fair_value": 117.378618, "relative_strength": 1.578229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.166417, "energy": 53.008584, "activity_lines": [ 146.920572, 147.097398, 144.758088, 141.702225 ] }, { "date": "2025-01-03", "close": 147.152115, "volume": 1000, "typical_volume": 3670.0, "trend": 137.981996, "fair_value": 117.608895, "relative_strength": 1.48731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.790848, "energy": 39.313668, "activity_lines": [ 146.643938, 147.251999, 145.24106, 142.335922 ] }, { "date": "2025-01-10", "close": 145.562943, "volume": 3100, "typical_volume": 3655.0, "trend": 138.687734, "fair_value": 117.821464, "relative_strength": 1.575239, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.89617, "energy": 28.118052, "activity_lines": [ 146.056172, 147.033719, 145.507841, 142.825016 ] }, { "date": "2025-01-17", "close": 146.231537, "volume": 10600, "typical_volume": 4080.0, "trend": 139.429626, "fair_value": 118.049095, "relative_strength": 0.781427, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.177866, "energy": 29.606017, "activity_lines": [ 146.04014, 146.85855, 145.787791, 143.311713 ] }, { "date": "2025-01-24", "close": 149.981583, "volume": 1700, "typical_volume": 4095.0, "trend": 140.229843, "fair_value": 118.31171, "relative_strength": 1.682421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.324866, "energy": 48.832269, "activity_lines": [ 147.427296, 147.331186, 146.373965, 143.992484 ] }, { "date": "2025-01-31", "close": 151.793594, "volume": 5300, "typical_volume": 4140.0, "trend": 141.0501, "fair_value": 118.560627, "relative_strength": 2.577494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.250245, "energy": 57.694189, "activity_lines": [ 149.057794, 148.059715, 147.050039, 144.738533 ] }, { "date": "2025-02-07", "close": 150.281967, "volume": 6100, "typical_volume": 4265.0, "trend": 141.71414, "fair_value": 118.78964, "relative_strength": 1.858473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.348381, "energy": 55.89605, "activity_lines": [ 149.770332, 148.46313, 147.512458, 145.334137 ] }, { "date": "2025-02-14", "close": 151.861435, "volume": 3400, "typical_volume": 4100.0, "trend": 142.425108, "fair_value": 119.04365, "relative_strength": 2.692526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.090037, "energy": 76.22778, "activity_lines": [ 150.800702, 149.156431, 148.069848, 145.988801 ] }, { "date": "2025-02-21", "close": 149.031967, "volume": 1100, "typical_volume": 3930.0, "trend": 143.010933, "fair_value": 119.293442, "relative_strength": 2.071166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.309222, "energy": 62.692395, "activity_lines": [ 150.468016, 149.31591, 148.298947, 146.41505 ] }, { "date": "2025-02-28", "close": 150.039734, "volume": 7400, "typical_volume": 3740.0, "trend": 143.757472, "fair_value": 119.528255, "relative_strength": 1.718766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.750896, "energy": 47.377149, "activity_lines": [ 150.284558, 149.649478, 148.581515, 146.868521 ] }, { "date": "2025-03-07", "close": 145.165665, "volume": 7600, "typical_volume": 3995.0, "trend": 144.290694, "fair_value": 119.726828, "relative_strength": 0.904735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.425745, "energy": 18.550516, "activity_lines": [ 148.472533, 148.997432, 148.363052, 146.959372 ] }, { "date": "2025-03-14", "close": 145.029999, "volume": 5200, "typical_volume": 4130.0, "trend": 144.673838, "fair_value": 119.916618, "relative_strength": 1.602213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.32092, "energy": 15.019575, "activity_lines": [ 147.057148, 148.328295, 148.12724, 147.007069 ] }, { "date": "2025-03-21", "close": 147.500961, "volume": 2400, "typical_volume": 3790.0, "trend": 145.091995, "fair_value": 120.113502, "relative_strength": 1.577413, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.018099, "energy": 20.469963, "activity_lines": [ 146.815549, 148.147007, 148.114878, 147.189464 ] }, { "date": "2025-03-28", "close": 146.998291, "volume": 1600, "typical_volume": 3760.0, "trend": 145.47401, "fair_value": 120.30852, "relative_strength": 2.02723, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.435199, "energy": 18.047867, "activity_lines": [ 146.697091, 147.839088, 148.024867, 147.312451 ] }, { "date": "2025-04-04", "close": 138.799744, "volume": 6500, "typical_volume": 3885.0, "trend": 145.679989, "fair_value": 120.453525, "relative_strength": 2.758556, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.108875, "energy": 43.512449, "activity_lines": [ 143.981362, 146.026584, 147.14148, 146.881853 ] }, { "date": "2025-04-11", "close": 139.707428, "volume": 30900, "typical_volume": 5275.0, "trend": 145.764949, "fair_value": 120.603953, "relative_strength": 1.643365, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.836897, "energy": 57.643366, "activity_lines": [ 142.317527, 144.582419, 146.37852, 146.496527 ] }, { "date": "2025-04-18", "close": 143.621262, "volume": 12700, "typical_volume": 5795.0, "trend": 145.931109, "fair_value": 120.79947, "relative_strength": 1.814843, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.816872, "energy": 51.082574, "activity_lines": [ 142.322186, 144.069608, 146.032693, 146.358224 ] }, { "date": "2025-04-25", "close": 146.393158, "volume": 4300, "typical_volume": 5925.0, "trend": 146.160561, "fair_value": 121.020438, "relative_strength": 1.546179, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.850094, "energy": 40.335778, "activity_lines": [ 143.344727, 144.181883, 145.983282, 146.388034 ] }, { "date": "2025-05-02", "close": 148.325699, "volume": 9300, "typical_volume": 6315.0, "trend": 146.434579, "fair_value": 121.262326, "relative_strength": 1.505651, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 2.794176, "energy": 7.215473, "activity_lines": [ 145.085301, 144.744951, 146.13889, 146.52772 ] }, { "date": "2025-05-09", "close": 150.121567, "volume": 5700, "typical_volume": 6490.0, "trend": 146.695139, "fair_value": 121.547138, "relative_strength": 1.354282, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.666936, "energy": 21.597182, "activity_lines": [ 147.336004, 145.647383, 146.4665, 146.765591 ] }, { "date": "2025-05-16", "close": 153.928055, "volume": 12600, "typical_volume": 6925.0, "trend": 147.018225, "fair_value": 121.844316, "relative_strength": 1.395459, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.620205, "energy": 46.097837, "activity_lines": [ 150.100748, 147.240415, 147.130206, 147.23223 ] }, { "date": "2025-05-23", "close": 153.703552, "volume": 1600, "typical_volume": 6955.0, "trend": 147.3905, "fair_value": 122.124011, "relative_strength": 1.539657, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.602662, "energy": 65.282234, "activity_lines": [ 151.842616, 148.633313, 147.732788, 147.663542 ] }, { "date": "2025-05-30", "close": 155.040695, "volume": 1300, "typical_volume": 6865.0, "trend": 147.850251, "fair_value": 122.396288, "relative_strength": 1.184981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.08869, "energy": 76.364739, "activity_lines": [ 153.358045, 150.111626, 148.431521, 148.157103 ] }, { "date": "2025-06-06", "close": 156.50473, "volume": 2500, "typical_volume": 6460.0, "trend": 148.255064, "fair_value": 122.704617, "relative_strength": 1.117588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.076537, "energy": 82.238757, "activity_lines": [ 154.784984, 151.719041, 149.224553, 148.715456 ] }, { "date": "2025-06-13", "close": 156.836578, "volume": 8200, "typical_volume": 6785.0, "trend": 148.61843, "fair_value": 123.056767, "relative_strength": 0.988075, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.469311, "energy": 83.180153, "activity_lines": [ 155.77727, 153.213948, 150.000269, 149.269102 ] }, { "date": "2025-06-20", "close": 156.778015, "volume": 1200, "typical_volume": 6580.0, "trend": 148.876745, "fair_value": 123.404964, "relative_strength": 0.921589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.048139, "energy": 82.057482, "activity_lines": [ 156.302368, 154.370265, 150.737765, 149.795527 ] }, { "date": "2025-06-27", "close": 157.847168, "volume": 1700, "typical_volume": 6360.0, "trend": 149.123951, "fair_value": 123.764971, "relative_strength": 0.817419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.92742, "energy": 83.419051, "activity_lines": [ 156.993853, 155.410599, 151.55335, 150.374264 ] }, { "date": "2025-07-04", "close": 159.802689, "volume": 900, "typical_volume": 6235.0, "trend": 149.424175, "fair_value": 124.131645, "relative_strength": 0.666586, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.44963, "energy": 91.800378, "activity_lines": [ 158.060937, 156.54783, 152.519151, 151.063215 ] }, { "date": "2025-07-11", "close": 159.72406, "volume": 1600, "typical_volume": 6260.0, "trend": 149.797339, "fair_value": 124.521174, "relative_strength": 0.666663, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.570129, "energy": 91.58744, "activity_lines": [ 158.784345, 157.426954, 153.439647, 151.727724 ] }, { "date": "2025-07-18", "close": 161.826996, "volume": 1100, "typical_volume": 5945.0, "trend": 150.372517, "fair_value": 124.904756, "relative_strength": 0.849767, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.141342, "energy": 95.099704, "activity_lines": [ 159.994109, 158.481188, 154.509508, 152.503831 ] }, { "date": "2025-07-25", "close": 162.77037, "volume": 3400, "typical_volume": 5735.0, "trend": 150.945452, "fair_value": 125.276951, "relative_strength": 0.719945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.248927, "energy": 95.599574, "activity_lines": [ 161.185637, 159.494118, 155.613085, 153.303692 ] }, { "date": "2025-08-01", "close": 160.284195, "volume": 3200, "typical_volume": 5635.0, "trend": 151.383188, "fair_value": 125.629164, "relative_strength": 0.858909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.346597, "energy": 88.146136, "activity_lines": [ 161.14895, 159.894247, 156.396051, 153.906192 ] }, { "date": "2025-08-08", "close": 164.824173, "volume": 4600, "typical_volume": 5745.0, "trend": 152.025229, "fair_value": 125.997205, "relative_strength": 0.908217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.906576, "energy": 89.266644, "activity_lines": [ 162.46312, 161.000179, 157.538757, 154.773352 ] }, { "date": "2025-08-15", "close": 164.696411, "volume": 6800, "typical_volume": 6005.0, "trend": 152.640725, "fair_value": 126.352405, "relative_strength": 0.263595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.477373, "energy": 89.216376, "activity_lines": [ 163.399938, 161.904999, 158.586804, 155.590848 ] }, { "date": "2025-08-22", "close": 166.072159, "volume": 1800, "typical_volume": 5770.0, "trend": 153.177077, "fair_value": 126.721096, "relative_strength": -0.446102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.369888, "energy": 74.675852, "activity_lines": [ 164.463848, 162.911016, 159.681597, 156.457392 ] }, { "date": "2025-08-29", "close": 169.157761, "volume": 1300, "typical_volume": 4290.0, "trend": 153.755883, "fair_value": 127.138281, "relative_strength": 0.543906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.678837, "energy": 94.937013, "activity_lines": [ 166.273281, 164.310132, 160.940389, 157.488404 ] }, { "date": "2025-09-05", "close": 171.594803, "volume": 2000, "typical_volume": 3755.0, "trend": 154.466311, "fair_value": 127.555649, "relative_strength": 0.257878, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.931676, "energy": 97.444004, "activity_lines": [ 168.469235, 165.92726, 162.29104, 158.639302 ] }, { "date": "2025-09-12", "close": 173.334122, "volume": 2600, "typical_volume": 3670.0, "trend": 155.182067, "fair_value": 127.994534, "relative_strength": 0.434969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.747725, "energy": 96.81327, "activity_lines": [ 170.490922, 167.610671, 163.674134, 159.85658 ] }, { "date": "2025-09-19", "close": 175.810486, "volume": 900, "typical_volume": 3250.0, "trend": 156.074684, "fair_value": 128.478447, "relative_strength": 0.179693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.779016, "energy": 96.698079, "activity_lines": [ 172.770734, 169.498304, 165.164781, 161.187445 ] }, { "date": "2025-09-26", "close": 175.673035, "volume": 800, "typical_volume": 3005.0, "trend": 156.929128, "fair_value": 128.961709, "relative_strength": 0.09934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.244393, "energy": 87.324759, "activity_lines": [ 174.26379, 171.068466, 166.511458, 162.451855 ] }, { "date": "2025-10-03", "close": 179.885147, "volume": 3000, "typical_volume": 2525.0, "trend": 158.086444, "fair_value": 129.456162, "relative_strength": 0.075555, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.528892, "energy": 81.690595, "activity_lines": [ 176.520825, 173.152719, 168.137614, 163.932889 ] }, { "date": "2025-10-10", "close": 176.127869, "volume": 2800, "typical_volume": 2585.0, "trend": 159.123039, "fair_value": 129.946019, "relative_strength": -0.004696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.507407, "energy": 68.674368, "activity_lines": [ 176.810275, 174.242654, 169.28233, 165.096852 ] }, { "date": "2025-10-17", "close": 177.334167, "volume": 5600, "typical_volume": 2800.0, "trend": 160.11748, "fair_value": 130.434295, "relative_strength": -0.206966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.36633, "energy": 68.521512, "activity_lines": [ 177.199621, 175.263848, 170.435148, 166.271763 ] }, { "date": "2025-10-24", "close": 179.143585, "volume": 2300, "typical_volume": 2790.0, "trend": 161.188989, "fair_value": 130.907955, "relative_strength": -0.025741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.2027, "energy": 70.838742, "activity_lines": [ 177.925435, 176.386574, 171.654133, 167.499254 ] }, { "date": "2025-10-31", "close": 178.748093, "volume": 3400, "typical_volume": 2550.0, "trend": 162.520601, "fair_value": 131.376607, "relative_strength": 0.030927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.032704, "energy": 67.495172, "activity_lines": [ 178.297213, 177.174715, 172.727647, 168.632099 ] }, { "date": "2025-11-07", "close": 175.366531, "volume": 900, "typical_volume": 2535.0, "trend": 163.709238, "fair_value": 131.799783, "relative_strength": -0.728476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.31217, "energy": 63.977194, "activity_lines": [ 177.336799, 177.117556, 173.374768, 169.460869 ] }, { "date": "2025-11-14", "close": 179.50943, "volume": 700, "typical_volume": 2485.0, "trend": 164.90551, "fair_value": 132.249687, "relative_strength": 0.210187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.362227, "energy": 65.416326, "activity_lines": [ 178.058593, 177.700765, 174.327933, 170.480236 ] }, { "date": "2025-11-21", "close": 177.769196, "volume": 1100, "typical_volume": 2495.0, "trend": 165.951378, "fair_value": 132.676249, "relative_strength": -0.227774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.367871, "energy": 55.315564, "activity_lines": [ 177.974871, 177.823664, 175.012209, 171.310151 ] }, { "date": "2025-11-28", "close": 185.333237, "volume": 8200, "typical_volume": 2825.0, "trend": 167.184963, "fair_value": 133.146699, "relative_strength": -0.046243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.241334, "energy": 67.489674, "activity_lines": [ 180.383494, 179.241207, 176.331314, 172.560594 ] }, { "date": "2025-12-05", "close": 185.155243, "volume": 5500, "typical_volume": 3045.0, "trend": 168.352752, "fair_value": 133.629748, "relative_strength": 0.071162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.527714, "energy": 70.336461, "activity_lines": [ 182.320143, 180.453246, 177.51152, 173.719967 ] }, { "date": "2025-12-12", "close": 186.341766, "volume": 7200, "typical_volume": 3235.0, "trend": 169.433209, "fair_value": 134.144261, "relative_strength": 0.011449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.602172, "energy": 78.754468, "activity_lines": [ 184.225156, 181.708612, 178.69364, 174.880548 ] }, { "date": "2025-12-19", "close": 188.33905, "volume": 2500, "typical_volume": 3200.0, "trend": 170.587725, "fair_value": 134.667551, "relative_strength": 0.3388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.96247, "energy": 89.355702, "activity_lines": [ 186.064248, 183.209728, 179.953733, 176.10028 ] }, { "date": "2025-12-26", "close": 189.087723, "volume": 600, "typical_volume": 3000.0, "trend": 171.722626, "fair_value": 135.199701, "relative_strength": -0.042802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.212645, "energy": 88.13374, "activity_lines": [ 187.564256, 184.624945, 181.151534, 177.293828 ] }, { "date": "2026-01-02", "close": 188.182968, "volume": 1000, "typical_volume": 2710.0, "trend": 172.778568, "fair_value": 135.714681, "relative_strength": -0.168747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.200161, "energy": 82.566962, "activity_lines": [ 188.00811, 185.66196, 182.147627, 178.355786 ] }, { "date": "2026-01-09", "close": 192.696884, "volume": 8000, "typical_volume": 3020.0, "trend": 173.973911, "fair_value": 136.238757, "relative_strength": -0.070977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.448782, "energy": 86.242761, "activity_lines": [ 189.766622, 187.355335, 183.461776, 179.640839 ] }, { "date": "2026-01-16", "close": 194.914078, "volume": 3000, "typical_volume": 3105.0, "trend": 175.245113, "fair_value": 136.775653, "relative_strength": -0.250969, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.425911, "energy": 91.999151, "activity_lines": [ 191.761422, 189.198221, 184.860302, 180.991817 ] }, { "date": "2026-01-23", "close": 193.959595, "volume": 1800, "typical_volume": 3095.0, "trend": 176.448861, "fair_value": 137.292102, "relative_strength": -1.040157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.97283, "energy": 84.980186, "activity_lines": [ 192.866573, 190.512155, 186.045276, 182.199203 ] }, { "date": "2026-01-30", "close": 187.198639, "volume": 2300, "typical_volume": 3080.0, "trend": 177.362059, "fair_value": 137.764167, "relative_strength": -0.808981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.698982, "energy": 64.650631, "activity_lines": [ 191.34337, 190.334095, 186.47985, 182.892737 ] }, { "date": "2026-02-06", "close": 190.191345, "volume": 3300, "typical_volume": 3200.0, "trend": 178.377635, "fair_value": 138.258142, "relative_strength": -0.906538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.502813, "energy": 57.457115, "activity_lines": [ 190.943674, 190.528718, 187.133423, 183.720433 ] }, { "date": "2026-02-13", "close": 193.243729, "volume": 4600, "typical_volume": 3390.0, "trend": 179.42486, "fair_value": 138.772787, "relative_strength": -1.113471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.093436, "energy": 56.809643, "activity_lines": [ 191.427547, 191.18999, 188.009218, 184.679536 ] }, { "date": "2026-02-20", "close": 198.274658, "volume": 2700, "typical_volume": 3375.0, "trend": 180.608336, "fair_value": 139.337839, "relative_strength": -0.750172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.605372, "energy": 62.536854, "activity_lines": [ 193.551941, 192.618914, 189.280479, 185.895652 ] }, { "date": "2026-02-27", "close": 200.929321, "volume": 3400, "typical_volume": 3405.0, "trend": 181.963173, "fair_value": 139.910915, "relative_strength": -0.933172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.383462, "energy": 82.086059, "activity_lines": [ 196.337184, 194.313542, 190.716997, 187.206683 ] }, { "date": "2026-03-06", "close": 194.595917, "volume": 3300, "typical_volume": 3290.0, "trend": 182.955565, "fair_value": 140.462073, "relative_strength": -0.41856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.898797, "energy": 71.691344, "activity_lines": [ 196.546643, 194.627728, 191.43223, 188.021699 ] }, { "date": "2026-03-13", "close": 192.050629, "volume": 9000, "typical_volume": 3625.0, "trend": 183.867372, "fair_value": 141.004747, "relative_strength": -0.083148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.789561, "energy": 55.095488, "activity_lines": [ 195.414521, 194.378985, 191.822857, 188.608477 ] }, { "date": "2026-03-20", "close": 186.791, "volume": 5800, "typical_volume": 3745.0, "trend": 184.558, "fair_value": 141.518705, "relative_strength": 0.96146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.604124, "energy": 26.450566, "activity_lines": [ 192.405238, 193.103625, 191.651104, 188.797098 ] }, { "date": "2026-03-27", "close": 188.979996, "volume": 1700, "typical_volume": 3785.0, "trend": 185.218741, "fair_value": 142.02412, "relative_strength": 0.096571, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.808065, "energy": 22.750587, "activity_lines": [ 190.555801, 192.333645, 191.649528, 189.082388 ] }, { "date": "2026-04-03", "close": 195.440002, "volume": 1200, "typical_volume": 3810.0, "trend": 186.013581, "fair_value": 142.565271, "relative_strength": -0.043147, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.411049, "energy": 25.165506, "activity_lines": [ 191.479345, 192.846103, 192.198365, 189.741824 ] }, { "date": "2026-04-10", "close": 199.169998, "volume": 7400, "typical_volume": 4125.0, "trend": 186.874777, "fair_value": 143.117115, "relative_strength": 0.09211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.930639, "energy": 30.23793, "activity_lines": [ 194.012174, 194.009825, 193.026579, 190.590626 ] }, { "date": "2026-04-17", "close": 201.910004, "volume": 1600, "typical_volume": 3795.0, "trend": 187.744761, "fair_value": 143.680206, "relative_strength": -0.433914, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.753114, "energy": 55.047263, "activity_lines": [ 197.153401, 195.45407, 194.013837, 191.56064 ] }, { "date": "2026-04-24", "close": 200.046066, "volume": 1100, "typical_volume": 3575.0, "trend": 188.557196, "fair_value": 144.235619, "relative_strength": -0.058638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.568318, "energy": 70.234014, "activity_lines": [ 199.016023, 196.34635, 194.744641, 192.354273 ] }, { "date": "2026-05-01", "close": 200.752335, "volume": 1900, "typical_volume": 3310.0, "trend": 189.252768, "fair_value": 144.793219, "relative_strength": 0.333085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.473344, "energy": 75.573367, "activity_lines": [ 200.230397, 197.243364, 195.4718, 193.141056 ] }, { "date": "2026-05-08", "close": 199.727737, "volume": 2400, "typical_volume": 3305.0, "trend": 190.039431, "fair_value": 145.350802, "relative_strength": -0.706435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.38034, "energy": 71.788196, "activity_lines": [ 200.318415, 197.909038, 196.032756, 193.81686 ] }, { "date": "2026-05-15", "close": 199.876953, "volume": 1300, "typical_volume": 3340.0, "trend": 190.790857, "fair_value": 145.910746, "relative_strength": 0.091757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.431754, "energy": 57.307043, "activity_lines": [ 200.170324, 198.62369, 196.553691, 194.451539 ] }, { "date": "2026-05-22", "close": 204.313583, "volume": 2400, "typical_volume": 3410.0, "trend": 191.629857, "fair_value": 146.519775, "relative_strength": 0.423786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.76392, "energy": 60.964567, "activity_lines": [ 201.453978, 200.048983, 197.445786, 195.323973 ] }, { "date": "2026-05-29", "close": 204.572205, "volume": 5400, "typical_volume": 3280.0, "trend": 192.490661, "fair_value": 147.123151, "relative_strength": -0.297218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.836754, "energy": 60.853406, "activity_lines": [ 202.663602, 201.298335, 198.285698, 196.158963 ] }, { "date": "2026-06-05", "close": 204.92038, "volume": 900, "typical_volume": 3175.0, "trend": 193.475789, "fair_value": 147.731625, "relative_strength": 0.893635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.602615, "energy": 74.3015, "activity_lines": [ 203.687541, 202.287697, 199.102221, 196.960881 ] }, { "date": "2026-06-12", "close": 206.810425, "volume": 0, "typical_volume": 3085.0, "trend": 194.385822, "fair_value": 148.344786, "relative_strength": 0.295233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.833853, "energy": 85.943849, "activity_lines": [ 205.063625, 203.330879, 200.051099, 197.82118 ] }, { "date": "2026-06-19", "close": 208.789993, "volume": 900, "typical_volume": 3015.0, "trend": 195.419849, "fair_value": 148.986396, "relative_strength": 1.147673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.265309, "energy": 92.250005, "activity_lines": [ 206.627387, 204.527247, 201.127313, 198.750481 ] }, { "date": "2026-06-26", "close": 208.940002, "volume": 0, "typical_volume": 2850.0, "trend": 196.206741, "fair_value": 149.615398, "relative_strength": 1.168595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.166999, "energy": 91.6961, "activity_lines": [ 207.646948, 205.57598, 202.114998, 199.622749 ] }, { "date": "2026-07-03", "close": 209.050003, "volume": 0, "typical_volume": 2620.0, "trend": 197.003233, "fair_value": 150.248881, "relative_strength": 0.446555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.584211, "energy": 91.174641, "activity_lines": [ 208.394749, 206.516896, 203.023879, 200.451347 ] }, { "date": "2026-07-10", "close": 211.5, "volume": 1600, "typical_volume": 2565.0, "trend": 197.841841, "fair_value": 150.883377, "relative_strength": 1.43038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.276261, "energy": 94.989835, "activity_lines": [ 209.660695, 207.739557, 204.090826, 201.386622 ] }, { "date": "2026-07-17", "close": 212.470001, "volume": 2800, "typical_volume": 2535.0, "trend": 198.646206, "fair_value": 151.513059, "relative_strength": 1.981846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.163275, "energy": 95.073885, "activity_lines": [ 210.811334, 208.943171, 205.187176, 202.330374 ] }, { "date": "2026-07-24", "close": 212.220001, "volume": 1400, "typical_volume": 2440.0, "trend": 199.417282, "fair_value": 152.140844, "relative_strength": 1.532422, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.434001, "energy": 91.93132, "activity_lines": [ 211.501334, 209.869652, 206.204761, 203.206103 ] }, { "date": "2026-07-31", "close": 213.440002, "volume": 1000, "typical_volume": 2040.0, "trend": 200.259183, "fair_value": 152.791258, "relative_strength": 2.488232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.098726, "energy": 90.893362, "activity_lines": [ 212.369335, 210.793532, 207.254612, 204.110795 ] }, { "date": "2026-08-07", "close": 216.889999, "volume": 1000, "typical_volume": 1800.0, "trend": 201.06562, "fair_value": 153.452931, "relative_strength": 0.830425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.333587, "energy": 91.732638, "activity_lines": [ 214.087334, 212.17875, 208.53118, 205.183751 ] } ], "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." } } }