{ "ticker": { "uuid": "8cf96930-2be2-4ebb-a207-8267fc498a77", "symbol": "USSRF", "name": "UBS MSCI USA Socially Responsible UCITS ETF hEUR dis", "exchange": "MIL", "country": "IT", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 76.581, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 74.034, "architecture_energy": 57.3, "architecture_maturity": 64.763, "architecture_confidence": 59.578, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 20.57, "rotation_up": 47.42, "upward_expansion": 72.15, "deceleration": 85.49, "rotation_down": 27.92, "downward_expansion": 22.15 }, "activity_lines": [ 33.515667, 33.546455, 33.043834, 32.213561 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 34.360001, "trend_reference": 31.320694, "distance_from_trend": 0.097038, "trend_direction": "Improving", "fair_value": 27.238215, "distance_from_fair_value": 0.261463, "fair_value_direction": "Improving", "relative_strength": -3.471621, "relative_strength_direction": "Weakening", "price_momentum": 0.14825, "excess_performance": -0.022642, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.097038, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040876, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.261463, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.030323, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.034716, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008591, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.14825, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.105817, "read": "Supply-led" } ], "volume": { "latest": 921, "relative_activity": 0.109876, "balance": 0.105817, "dry_up": 0.987718, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.018156, "annualized_volatility": 0.145243, "from_high_reference": 0.0, "from_low_reference": 0.256537 }, "levels": { "trend_reference": 31.320694, "fair_value_reference": 27.238215, "structural_low": 27.344999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.012223, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": -0.022633, "regime_survival": 0.307692, "best_return": 0.110233, "worst_return": -0.071047, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.078532, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.023763, "regime_survival": 0.125, "best_return": 0.136043, "worst_return": -0.123868, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.123357, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.01269, "regime_survival": 0.166667, "best_return": 0.142096, "worst_return": -0.016191, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.075294, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.044372, "regime_survival": 0.0, "best_return": 0.286869, "worst_return": -0.238351, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2025-01-03", "tenure": "Established", "return": 0.063643, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-28", "tenure": "Developing", "return": -0.02306, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": -0.014158, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-06", "tenure": "Developing", "return": 0.04932, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.035437, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-11-21", "tenure": "Established", "return": 0.018999, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-12", "tenure": "New", "return": 0.018609, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-02-06", "tenure": "Developing", "return": -0.007766, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-13", "end": "2026-03-13", "tenure": "Developing", "return": -0.047154, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.02433, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.094815, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.038394, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-07-31", "tenure": "Developing", "return": 0.019687, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 22.014147, "volume": 11, "typical_volume": 4675.55, "trend": 20.815388, "fair_value": 20.972516, "relative_strength": 1.327478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.103604, "energy": 63.571982, "activity_lines": [ 22.464322, 22.407429, 21.849394, 21.360006 ] }, { "date": "2023-08-25", "close": 22.019056, "volume": 232, "typical_volume": 4681.15, "trend": 20.883409, "fair_value": 20.995898, "relative_strength": 0.102094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.163495, "energy": 51.726006, "activity_lines": [ 22.274721, 22.361458, 21.917085, 21.437662 ] }, { "date": "2023-09-01", "close": 22.284109, "volume": 400, "typical_volume": 4435.7, "trend": 20.939662, "fair_value": 21.025785, "relative_strength": 0.019923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.64801, "energy": 37.895916, "activity_lines": [ 22.224031, 22.363954, 22.000289, 21.52803 ] }, { "date": "2023-09-08", "close": 22.303743, "volume": 328, "typical_volume": 4443.95, "trend": 21.012054, "fair_value": 21.055355, "relative_strength": 1.8755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.629435, "energy": 32.86276, "activity_lines": [ 22.212774, 22.358984, 22.075231, 21.616035 ] }, { "date": "2023-09-15", "close": 22.151583, "volume": 29, "typical_volume": 4419.95, "trend": 21.080515, "fair_value": 21.08261, "relative_strength": -0.777912, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.250427, "energy": 34.780178, "activity_lines": [ 22.191832, 22.312379, 22.126015, 21.689553 ] }, { "date": "2023-09-22", "close": 22.053413, "volume": 67, "typical_volume": 4405.4, "trend": 21.159885, "fair_value": 21.112947, "relative_strength": 0.074319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.716524, "energy": 34.191696, "activity_lines": [ 22.158127, 22.243568, 22.157692, 21.75232 ] }, { "date": "2023-09-29", "close": 21.42514, "volume": 1846, "typical_volume": 4426.25, "trend": 21.209348, "fair_value": 21.135607, "relative_strength": -1.370123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.182416, "energy": 12.453139, "activity_lines": [ 21.91238, 22.070845, 22.119476, 21.769434 ] }, { "date": "2023-10-06", "close": 20.88031, "volume": 44, "typical_volume": 3310.5, "trend": 21.259752, "fair_value": 21.151394, "relative_strength": -2.151702, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -25.867731, "energy": 36.160436, "activity_lines": [ 21.524617, 21.823648, 22.021793, 21.748205 ] }, { "date": "2023-10-13", "close": 21.24353, "volume": 1133, "typical_volume": 2458.05, "trend": 21.321352, "fair_value": 21.168317, "relative_strength": -1.759889, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.548273, "energy": 38.835355, "activity_lines": [ 21.351515, 21.676986, 21.956024, 21.747159 ] }, { "date": "2023-10-20", "close": 20.575985, "volume": 1833, "typical_volume": 1617.7, "trend": 21.358027, "fair_value": 21.183174, "relative_strength": -1.640378, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -48.689842, "energy": 65.590436, "activity_lines": [ 21.026578, 21.439419, 21.823342, 21.699071 ] }, { "date": "2023-10-27", "close": 20.575985, "volume": 0, "typical_volume": 1454.2, "trend": 21.38929, "fair_value": 21.204004, "relative_strength": -1.209755, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.633787, "energy": 74.718402, "activity_lines": [ 20.806681, 21.235943, 21.692924, 21.648616 ] }, { "date": "2023-11-03", "close": 21.228804, "volume": 183, "typical_volume": 1055.05, "trend": 21.431067, "fair_value": 21.22114, "relative_strength": -2.911888, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.0743, "energy": 58.778301, "activity_lines": [ 20.902886, 21.17731, 21.627897, 21.638262 ] }, { "date": "2023-11-10", "close": 21.169905, "volume": 172, "typical_volume": 740.0, "trend": 21.46485, "fair_value": 21.236853, "relative_strength": -2.474124, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.422206, "energy": 44.741737, "activity_lines": [ 20.992546, 21.122336, 21.561095, 21.621413 ] }, { "date": "2023-11-17", "close": 21.915979, "volume": 388, "typical_volume": 705.2, "trend": 21.519589, "fair_value": 21.256132, "relative_strength": -2.333573, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.856451, "energy": 12.752237, "activity_lines": [ 21.311592, 21.223271, 21.567764, 21.650518 ] }, { "date": "2023-11-24", "close": 22.185942, "volume": 2355, "typical_volume": 664.65, "trend": 21.589033, "fair_value": 21.27442, "relative_strength": -0.804947, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 23.34667, "energy": 28.349159, "activity_lines": [ 21.675796, 21.38034, 21.598331, 21.693509 ] }, { "date": "2023-12-01", "close": 22.190847, "volume": 478, "typical_volume": 497.8, "trend": 21.664019, "fair_value": 21.293045, "relative_strength": -2.269072, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.701564, "energy": 35.912995, "activity_lines": [ 21.934304, 21.537676, 21.62806, 21.732336 ] }, { "date": "2023-12-08", "close": 22.519712, "volume": 1210, "typical_volume": 543.5, "trend": 21.753553, "fair_value": 21.314117, "relative_strength": -2.251368, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 47.881608, "energy": 48.060386, "activity_lines": [ 22.194776, 21.752306, 21.691159, 21.787542 ] }, { "date": "2023-12-15", "close": 23.437578, "volume": 4499, "typical_volume": 768.45, "trend": 21.857546, "fair_value": 21.338553, "relative_strength": 1.917979, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 63.41118, "energy": 76.714974, "activity_lines": [ 22.675143, 22.113921, 21.8429, 21.896188 ] }, { "date": "2023-12-22", "close": 23.363955, "volume": 8932, "typical_volume": 1214.05, "trend": 21.951587, "fair_value": 21.362702, "relative_strength": 1.67835, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.014487, "energy": 85.785268, "activity_lines": [ 22.979791, 22.415653, 21.984486, 21.993376 ] }, { "date": "2023-12-29", "close": 23.363955, "volume": 0, "typical_volume": 1207.0, "trend": 22.028676, "fair_value": 21.386082, "relative_strength": 1.721578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.679557, "energy": 91.878443, "activity_lines": [ 23.187907, 22.678832, 22.123954, 22.084497 ] }, { "date": "2024-01-05", "close": 23.363955, "volume": 0, "typical_volume": 1206.45, "trend": 22.099081, "fair_value": 21.404208, "relative_strength": 1.349622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.530283, "energy": 89.984375, "activity_lines": [ 23.317489, 22.891321, 22.259075, 22.170644 ] }, { "date": "2024-01-12", "close": 23.363955, "volume": 0, "typical_volume": 1194.85, "trend": 22.143408, "fair_value": 21.424054, "relative_strength": 1.193978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.269125, "energy": 88.10555, "activity_lines": [ 23.368863, 23.05312, 22.387769, 22.252248 ] }, { "date": "2024-01-19", "close": 23.584831, "volume": 10, "typical_volume": 1175.35, "trend": 22.206995, "fair_value": 21.443872, "relative_strength": 2.662245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.250845, "energy": 91.971354, "activity_lines": [ 23.43758, 23.216256, 22.531094, 22.345243 ] }, { "date": "2024-01-26", "close": 23.918604, "volume": 6, "typical_volume": 1159.25, "trend": 22.286435, "fair_value": 21.468933, "relative_strength": 3.70643, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.717324, "energy": 93.237044, "activity_lines": [ 23.607738, 23.396172, 22.700013, 22.45567 ] }, { "date": "2024-02-02", "close": 23.994434, "volume": 0, "typical_volume": 1157.8, "trend": 22.355852, "fair_value": 21.49049, "relative_strength": 2.843073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.647224, "energy": 93.584064, "activity_lines": [ 23.766196, 23.553463, 22.868464, 22.565863 ] }, { "date": "2024-02-09", "close": 24.570538, "volume": 160, "typical_volume": 1162.45, "trend": 22.420838, "fair_value": 21.514753, "relative_strength": 3.699669, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.638257, "energy": 96.987495, "activity_lines": [ 24.074657, 23.782618, 23.083006, 22.708746 ] }, { "date": "2024-02-16", "close": 24.56069, "volume": 9, "typical_volume": 1070.6, "trend": 22.480279, "fair_value": 21.538614, "relative_strength": 1.648529, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.58159, "energy": 95.507012, "activity_lines": [ 24.299396, 23.966716, 23.284625, 22.846801 ] }, { "date": "2024-02-23", "close": 24.294794, "volume": 1, "typical_volume": 1068.45, "trend": 22.530858, "fair_value": 21.566353, "relative_strength": -2.465754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.552193, "energy": 88.608475, "activity_lines": [ 24.355721, 24.06536, 23.445988, 22.963867 ] }, { "date": "2024-03-01", "close": 24.934908, "volume": 644, "typical_volume": 1044.0, "trend": 22.598046, "fair_value": 21.602917, "relative_strength": -0.705557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.564618, "energy": 90.634041, "activity_lines": [ 24.578086, 24.264803, 23.652056, 23.118967 ] }, { "date": "2024-03-08", "close": 24.934908, "volume": 0, "typical_volume": 952.35, "trend": 22.680843, "fair_value": 21.632045, "relative_strength": -2.192782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.452011, "energy": 92.28205, "activity_lines": [ 24.732698, 24.435684, 23.840545, 23.269732 ] }, { "date": "2024-03-15", "close": 24.959528, "volume": 9, "typical_volume": 952.8, "trend": 22.779023, "fair_value": 21.660776, "relative_strength": -3.580757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.770301, "energy": 92.016159, "activity_lines": [ 24.832818, 24.582478, 24.010623, 23.416744 ] }, { "date": "2024-03-22", "close": 24.959528, "volume": 0, "typical_volume": 943.65, "trend": 22.877038, "fair_value": 21.688396, "relative_strength": -4.653809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.436059, "energy": 90.96282, "activity_lines": [ 24.907006, 24.700261, 24.159826, 23.557422 ] }, { "date": "2024-03-29", "close": 25.570101, "volume": 1010, "typical_volume": 985.55, "trend": 22.986571, "fair_value": 21.717185, "relative_strength": -3.490751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.993587, "energy": 97.040513, "activity_lines": [ 25.158128, 24.900047, 24.349414, 23.731168 ] }, { "date": "2024-04-05", "close": 25.570101, "volume": 0, "typical_volume": 966.15, "trend": 23.09545, "fair_value": 21.743783, "relative_strength": -1.438031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.850091, "energy": 90.97957, "activity_lines": [ 25.32423, 25.063738, 24.518049, 23.897847 ] }, { "date": "2024-04-12", "close": 25.30913, "volume": 11, "typical_volume": 848.95, "trend": 23.200701, "fair_value": 21.764975, "relative_strength": -1.795684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.445574, "energy": 68.518551, "activity_lines": [ 25.360996, 25.149952, 24.644429, 24.040665 ] }, { "date": "2024-04-19", "close": 23.935347, "volume": 426, "typical_volume": 846.35, "trend": 23.263433, "fair_value": 21.777238, "relative_strength": -7.500332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.223932, "energy": 54.764942, "activity_lines": [ 24.914886, 24.962484, 24.6251, 24.088062 ] }, { "date": "2024-04-26", "close": 24.147076, "volume": 2276, "typical_volume": 899.65, "trend": 23.354164, "fair_value": 21.791845, "relative_strength": -7.488537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.679049, "energy": 31.692485, "activity_lines": [ 24.607631, 24.82506, 24.617628, 24.145071 ] }, { "date": "2024-05-03", "close": 24.250479, "volume": 328, "typical_volume": 691.1, "trend": 23.466503, "fair_value": 21.804709, "relative_strength": -5.357572, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.386717, "energy": 34.734587, "activity_lines": [ 24.389007, 24.713958, 24.612255, 24.202898 ] }, { "date": "2024-05-10", "close": 24.880745, "volume": 84, "typical_volume": 248.7, "trend": 23.587743, "fair_value": 21.824389, "relative_strength": -5.760614, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.393867, "energy": 36.718976, "activity_lines": [ 24.468446, 24.718255, 24.663036, 24.294139 ] }, { "date": "2024-05-17", "close": 25.382986, "volume": 205, "typical_volume": 258.95, "trend": 23.747977, "fair_value": 21.846981, "relative_strength": -5.823043, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.124282, "energy": 31.51872, "activity_lines": [ 24.761256, 24.814854, 24.754427, 24.409961 ] }, { "date": "2024-05-24", "close": 25.382986, "volume": 0, "typical_volume": 258.95, "trend": 23.90821, "fair_value": 21.868184, "relative_strength": -3.262929, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.354734, "energy": 54.31353, "activity_lines": [ 25.049143, 24.903305, 24.836204, 24.515446 ] }, { "date": "2024-05-31", "close": 25.171259, "volume": 243, "typical_volume": 271.1, "trend": 24.039625, "fair_value": 21.887567, "relative_strength": -3.956213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.101114, "energy": 68.850084, "activity_lines": [ 25.169944, 24.945562, 24.888202, 24.596933 ] }, { "date": "2024-06-07", "close": 25.190956, "volume": 1508, "typical_volume": 346.0, "trend": 24.17366, "fair_value": 21.906336, "relative_strength": -4.212146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.799691, "energy": 72.604744, "activity_lines": [ 25.229033, 24.98755, 24.933469, 24.671212 ] }, { "date": "2024-06-14", "close": 25.225422, "volume": 3838, "typical_volume": 537.6, "trend": 24.283975, "fair_value": 21.92764, "relative_strength": 1.82508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.387041, "energy": 68.325693, "activity_lines": [ 25.236911, 25.042698, 24.974371, 24.739068 ] }, { "date": "2024-06-21", "close": 25.737513, "volume": 1517, "typical_volume": 613.45, "trend": 24.402361, "fair_value": 21.948185, "relative_strength": 1.945499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.97614, "energy": 60.942365, "activity_lines": [ 25.392508, 25.197221, 25.05782, 24.832844 ] }, { "date": "2024-06-28", "close": 25.639034, "volume": 754, "typical_volume": 643.15, "trend": 24.5173, "fair_value": 21.965908, "relative_strength": 2.00303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.595849, "energy": 61.781112, "activity_lines": [ 25.491644, 25.326049, 25.12359, 24.91263 ] }, { "date": "2024-07-05", "close": 26.032951, "volume": 200, "typical_volume": 652.7, "trend": 24.634408, "fair_value": 21.987669, "relative_strength": 1.087448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.068441, "energy": 76.509425, "activity_lines": [ 25.705015, 25.495523, 25.221788, 25.010414 ] }, { "date": "2024-07-12", "close": 26.751848, "volume": 690, "typical_volume": 687.15, "trend": 24.744884, "fair_value": 22.012988, "relative_strength": 2.138087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.602265, "energy": 95.817523, "activity_lines": [ 26.100573, 25.761417, 25.381441, 25.147023 ] }, { "date": "2024-07-19", "close": 26.62875, "volume": 3043, "typical_volume": 807.1, "trend": 24.85371, "fair_value": 22.035606, "relative_strength": 2.781672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.649558, "energy": 94.977097, "activity_lines": [ 26.351038, 25.95945, 25.517671, 25.268562 ] }, { "date": "2024-07-26", "close": 25.998482, "volume": 3092, "typical_volume": 961.7, "trend": 24.941528, "fair_value": 22.053166, "relative_strength": 1.556239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.103163, "energy": 87.704637, "activity_lines": [ 26.297859, 26.011106, 25.585809, 25.342419 ] }, { "date": "2024-08-02", "close": 26.495804, "volume": 1508, "typical_volume": 1036.65, "trend": 25.045923, "fair_value": 22.073374, "relative_strength": 9.223226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.145574, "energy": 89.776106, "activity_lines": [ 26.393056, 26.141994, 25.696246, 25.442694 ] }, { "date": "2024-08-09", "close": 25.089926, "volume": 46, "typical_volume": 1038.95, "trend": 25.103455, "fair_value": 22.083952, "relative_strength": 4.211192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.621767, "energy": 34.166856, "activity_lines": [ 25.962509, 25.997035, 25.665475, 25.445533 ] }, { "date": "2024-08-16", "close": 26.212175, "volume": 55, "typical_volume": 991.2, "trend": 25.191033, "fair_value": 22.101909, "relative_strength": 4.723001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.434049, "energy": 31.347197, "activity_lines": [ 25.968914, 26.0576, 25.740963, 25.517064 ] }, { "date": "2024-08-23", "close": 26.212175, "volume": 0, "typical_volume": 991.2, "trend": 25.267486, "fair_value": 22.118102, "relative_strength": 2.831975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.56335, "energy": 31.552717, "activity_lines": [ 26.011296, 26.099597, 25.813394, 25.582944 ] }, { "date": "2024-08-30", "close": 26.652176, "volume": 1508, "typical_volume": 1066.05, "trend": 25.356077, "fair_value": 22.135164, "relative_strength": 2.365154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.917721, "energy": 40.565154, "activity_lines": [ 26.228117, 26.203653, 25.924673, 25.672279 ] }, { "date": "2024-09-06", "close": 26.01442, "volume": 754, "typical_volume": 1082.45, "trend": 25.404207, "fair_value": 22.149562, "relative_strength": 3.185494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.477151, "energy": 39.76135, "activity_lines": [ 26.188774, 26.175124, 25.968817, 25.714752 ] }, { "date": "2024-09-13", "close": 25.945208, "volume": 378, "typical_volume": 987.55, "trend": 25.450357, "fair_value": 22.164848, "relative_strength": 2.045451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.502267, "energy": 34.7806, "activity_lines": [ 26.158452, 26.127185, 25.99647, 25.749656 ] }, { "date": "2024-09-20", "close": 27.334423, "volume": 1347, "typical_volume": 1038.5, "trend": 25.551678, "fair_value": 22.189535, "relative_strength": 6.788939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.620054, "energy": 53.860596, "activity_lines": [ 26.534182, 26.333426, 26.147866, 25.871208 ] }, { "date": "2024-09-27", "close": 27.334423, "volume": 0, "typical_volume": 1034.3, "trend": 25.631662, "fair_value": 22.218649, "relative_strength": 3.746409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.012494, "energy": 68.973711, "activity_lines": [ 26.835096, 26.529075, 26.284576, 25.986224 ] }, { "date": "2024-10-04", "close": 27.324535, "volume": 2262, "typical_volume": 1137.15, "trend": 25.711316, "fair_value": 22.244945, "relative_strength": 7.036803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.638322, "energy": 80.581924, "activity_lines": [ 27.057898, 26.710096, 26.408661, 26.095442 ] }, { "date": "2024-10-11", "close": 27.581615, "volume": 1508, "typical_volume": 1212.55, "trend": 25.798719, "fair_value": 22.269606, "relative_strength": 5.657293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.275835, "energy": 86.979904, "activity_lines": [ 27.321569, 26.913748, 26.547984, 26.216106 ] }, { "date": "2024-10-18", "close": 27.710154, "volume": 784, "typical_volume": 1239.6, "trend": 25.890407, "fair_value": 22.292366, "relative_strength": 3.356571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.65488, "energy": 86.629371, "activity_lines": [ 27.523607, 27.12103, 26.689079, 26.339424 ] }, { "date": "2024-10-25", "close": 27.611279, "volume": 4871, "typical_volume": 1407.75, "trend": 25.958446, "fair_value": 22.308673, "relative_strength": 4.150301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.83058, "energy": 83.945943, "activity_lines": [ 27.575023, 27.262693, 26.808668, 26.450449 ] }, { "date": "2024-11-01", "close": 27.482738, "volume": 904, "typical_volume": 1261.05, "trend": 26.022201, "fair_value": 22.319572, "relative_strength": 3.827588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.27606, "energy": 74.577002, "activity_lines": [ 27.565136, 27.355547, 26.904489, 26.54879 ] }, { "date": "2024-11-08", "close": 28.60993, "volume": 2813, "typical_volume": 1325.85, "trend": 26.132227, "fair_value": 22.34033, "relative_strength": 10.543823, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.134009, "energy": 91.851392, "activity_lines": [ 27.921091, 27.630244, 27.096912, 26.71574 ] }, { "date": "2024-11-15", "close": 28.135323, "volume": 1516, "typical_volume": 1363.95, "trend": 26.272226, "fair_value": 22.356156, "relative_strength": 7.302325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.353698, "energy": 86.911756, "activity_lines": [ 28.033151, 27.783053, 27.230457, 26.844972 ] }, { "date": "2024-11-22", "close": 28.847235, "volume": 377, "typical_volume": 1372.8, "trend": 26.428898, "fair_value": 22.380075, "relative_strength": 12.005007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.20744, "energy": 93.459546, "activity_lines": [ 28.345601, 28.026739, 27.419916, 27.011102 ] }, { "date": "2024-11-29", "close": 28.911505, "volume": 598, "typical_volume": 1368.2, "trend": 26.584266, "fair_value": 22.407595, "relative_strength": 12.176117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.971544, "energy": 93.717516, "activity_lines": [ 28.603669, 28.229346, 27.602095, 27.17127 ] }, { "date": "2024-12-06", "close": 29.222967, "volume": 1523, "typical_volume": 1292.2, "trend": 26.729007, "fair_value": 22.433087, "relative_strength": 8.756778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.228336, "energy": 94.505602, "activity_lines": [ 28.878876, 28.459909, 27.803652, 27.341509 ] }, { "date": "2024-12-13", "close": 29.044989, "volume": 377, "typical_volume": 1156.45, "trend": 26.851073, "fair_value": 22.459946, "relative_strength": 7.50103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.553072, "energy": 88.765058, "activity_lines": [ 28.978741, 28.623774, 27.975906, 27.490927 ] }, { "date": "2024-12-20", "close": 28.080942, "volume": 2719, "typical_volume": 1217.0, "trend": 26.941005, "fair_value": 22.477839, "relative_strength": 7.22474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.35051, "energy": 66.179931, "activity_lines": [ 28.728254, 28.581078, 28.041838, 27.570273 ] }, { "date": "2024-12-27", "close": 27.898022, "volume": 754, "typical_volume": 1252.4, "trend": 27.031897, "fair_value": 22.491524, "relative_strength": 5.172231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.780765, "energy": 50.799924, "activity_lines": [ 28.420419, 28.496044, 28.082802, 27.632016 ] }, { "date": "2025-01-03", "close": 27.596447, "volume": 150, "typical_volume": 1257.15, "trend": 27.11208, "fair_value": 22.509965, "relative_strength": 4.030036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.882108, "energy": 30.106583, "activity_lines": [ 28.07534, 28.352763, 28.081672, 27.668439 ] }, { "date": "2025-01-10", "close": 27.586559, "volume": 280, "typical_volume": 1271.15, "trend": 27.190785, "fair_value": 22.53054, "relative_strength": 1.093242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.327834, "energy": 33.986637, "activity_lines": [ 27.814635, 28.207954, 28.073008, 27.69905 ] }, { "date": "2025-01-17", "close": 27.873302, "volume": 1857, "typical_volume": 1288.6, "trend": 27.261978, "fair_value": 22.558619, "relative_strength": -1.148587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.414378, "energy": 30.673122, "activity_lines": [ 27.758605, 28.113392, 28.085109, 27.743084 ] }, { "date": "2025-01-24", "close": 28.525885, "volume": 1503, "typical_volume": 1326.05, "trend": 27.358206, "fair_value": 22.597228, "relative_strength": 1.351385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.006966, "energy": 25.492527, "activity_lines": [ 27.998215, 28.150875, 28.153546, 27.824626 ] }, { "date": "2025-01-31", "close": 28.491278, "volume": 1214, "typical_volume": 1367.85, "trend": 27.440151, "fair_value": 22.631517, "relative_strength": 0.476109, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.845303, "energy": 27.304545, "activity_lines": [ 28.196627, 28.174964, 28.206727, 27.897728 ] }, { "date": "2025-02-07", "close": 27.923754, "volume": 17500, "typical_volume": 2175.5, "trend": 27.479214, "fair_value": 22.661267, "relative_strength": -2.993094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.05125, "energy": 26.689383, "activity_lines": [ 28.166313, 28.10234, 28.193734, 27.928928 ] }, { "date": "2025-02-14", "close": 27.5811, "volume": 13903, "typical_volume": 2870.65, "trend": 27.510959, "fair_value": 22.694165, "relative_strength": -6.398948, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.997081, "energy": 13.954285, "activity_lines": [ 27.999961, 27.985373, 28.145301, 27.935501 ] }, { "date": "2025-02-21", "close": 27.874096, "volume": 3640, "typical_volume": 2939.55, "trend": 27.57348, "fair_value": 22.729377, "relative_strength": -6.454866, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.005617, "energy": 9.566991, "activity_lines": [ 27.931639, 27.951531, 28.123598, 27.958929 ] }, { "date": "2025-02-28", "close": 26.95042, "volume": 23818, "typical_volume": 4055.05, "trend": 27.588633, "fair_value": 22.761062, "relative_strength": -9.968474, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -42.810524, "energy": 50.469544, "activity_lines": [ 27.555371, 27.771037, 28.011309, 27.918732 ] }, { "date": "2025-03-07", "close": 26.657427, "volume": 8858, "typical_volume": 4458.75, "trend": 27.640883, "fair_value": 22.792328, "relative_strength": -10.680573, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.624665, "energy": 67.454168, "activity_lines": [ 27.18647, 27.557826, 27.874122, 27.858654 ] }, { "date": "2025-03-14", "close": 25.798311, "volume": 18675, "typical_volume": 5148.95, "trend": 27.627088, "fair_value": 22.811779, "relative_strength": -13.551617, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -65.854193, "energy": 81.95225, "activity_lines": [ 26.653454, 27.210969, 27.660127, 27.739778 ] }, { "date": "2025-03-21", "close": 25.922461, "volume": 12573, "typical_volume": 5732.4, "trend": 27.617431, "fair_value": 22.831124, "relative_strength": -13.848893, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.308004, "energy": 85.220975, "activity_lines": [ 26.303518, 26.919378, 27.466588, 27.629803 ] }, { "date": "2025-03-28", "close": 26.28001, "volume": 377, "typical_volume": 5610.6, "trend": 27.605025, "fair_value": 22.851611, "relative_strength": -11.864694, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.126906, "energy": 88.085888, "activity_lines": [ 26.18334, 26.723051, 27.314532, 27.543517 ] }, { "date": "2025-04-04", "close": 26.28001, "volume": 0, "typical_volume": 5534.8, "trend": 27.613878, "fair_value": 22.87362, "relative_strength": -1.477478, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.704848, "energy": 87.250434, "activity_lines": [ 26.169435, 26.555694, 27.173571, 27.458032 ] }, { "date": "2025-04-11", "close": 24.169466, "volume": 579, "typical_volume": 5544.9, "trend": 27.554687, "fair_value": 22.885738, "relative_strength": -7.645518, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.21843, "energy": 92.294819, "activity_lines": [ 25.496709, 26.045436, 26.840441, 27.235812 ] }, { "date": "2025-04-18", "close": 24.4128, "volume": 1723, "typical_volume": 5601.15, "trend": 27.457299, "fair_value": 22.902056, "relative_strength": -11.716802, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.536419, "energy": 72.699092, "activity_lines": [ 25.070958, 25.657999, 26.55276, 27.03311 ] }, { "date": "2025-04-25", "close": 25.177563, "volume": 3676, "typical_volume": 5708.8, "trend": 27.385404, "fair_value": 22.927598, "relative_strength": -12.218344, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.886592, "energy": 65.876002, "activity_lines": [ 24.992496, 25.473445, 26.359336, 26.88603 ] }, { "date": "2025-05-02", "close": 26.076405, "volume": 16690, "typical_volume": 6524.45, "trend": 27.3438, "fair_value": 22.96291, "relative_strength": -11.31859, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.416562, "energy": 60.378424, "activity_lines": [ 25.263308, 25.496017, 26.27078, 26.801579 ] }, { "date": "2025-05-09", "close": 26.433958, "volume": 534, "typical_volume": 6415.2, "trend": 27.305545, "fair_value": 23.007788, "relative_strength": -12.379805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.664728, "energy": 40.998261, "activity_lines": [ 25.666878, 25.616284, 26.230413, 26.742879 ] }, { "date": "2025-05-16", "close": 27.437086, "volume": 278, "typical_volume": 6391.4, "trend": 27.296442, "fair_value": 23.0606, "relative_strength": -11.83811, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.810152, "energy": 22.377271, "activity_lines": [ 26.39456, 25.928329, 26.293425, 26.751366 ] }, { "date": "2025-05-23", "close": 26.945454, "volume": 9796, "typical_volume": 6873.7, "trend": 27.274248, "fair_value": 23.108383, "relative_strength": -10.70786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.973659, "energy": 27.135845, "activity_lines": [ 26.740524, 26.13681, 26.311809, 26.728721 ] }, { "date": "2025-05-30", "close": 27.38246, "volume": 1524, "typical_volume": 6935.9, "trend": 27.270906, "fair_value": 23.154088, "relative_strength": -10.539932, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 7.407238, "energy": 28.376178, "activity_lines": [ 27.063313, 26.40389, 26.374914, 26.735703 ] }, { "date": "2025-06-06", "close": 27.576134, "volume": 383, "typical_volume": 6862.2, "trend": 27.236446, "fair_value": 23.207356, "relative_strength": -10.943123, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.156028, "energy": 39.349486, "activity_lines": [ 27.303667, 26.679638, 26.457435, 26.755395 ] }, { "date": "2025-06-13", "close": 27.466883, "volume": 3906, "typical_volume": 6982.35, "trend": 27.214164, "fair_value": 23.267893, "relative_strength": -8.505296, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.666881, "energy": 43.607015, "activity_lines": [ 27.407622, 26.911956, 26.530966, 26.770262 ] }, { "date": "2025-06-20", "close": 27.476814, "volume": 316, "typical_volume": 6937.45, "trend": 27.168484, "fair_value": 23.324478, "relative_strength": -7.818551, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.612015, "energy": 49.908541, "activity_lines": [ 27.446025, 27.1245, 26.610486, 26.787207 ] }, { "date": "2025-06-27", "close": 27.476814, "volume": 0, "typical_volume": 6062.45, "trend": 27.120661, "fair_value": 23.381535, "relative_strength": -8.814672, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.073989, "energy": 43.502755, "activity_lines": [ 27.48178, 27.276911, 26.694837, 26.807099 ] }, { "date": "2025-07-04", "close": 28.231644, "volume": 448, "typical_volume": 5389.7, "trend": 27.087616, "fair_value": 23.439254, "relative_strength": -5.898419, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.570076, "energy": 42.075778, "activity_lines": [ 27.733721, 27.510854, 26.853204, 26.878776 ] }, { "date": "2025-07-11", "close": 28.291237, "volume": 451, "typical_volume": 5230.25, "trend": 27.062491, "fair_value": 23.503211, "relative_strength": -6.612152, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.94929, "energy": 70.360891, "activity_lines": [ 27.948914, 27.700103, 27.01415, 26.956428 ] }, { "date": "2025-07-18", "close": 28.405455, "volume": 2672, "typical_volume": 4172.95, "trend": 27.073308, "fair_value": 23.558644, "relative_strength": -6.604489, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.305403, "energy": 76.493451, "activity_lines": [ 28.154506, 27.86985, 27.183987, 27.043071 ] }, { "date": "2025-07-25", "close": 28.440216, "volume": 224, "typical_volume": 3741.25, "trend": 27.091382, "fair_value": 23.615076, "relative_strength": -7.273948, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.717028, "energy": 88.510611, "activity_lines": [ 28.309114, 28.010071, 27.350205, 27.131259 ] }, { "date": "2025-08-01", "close": 28.065086, "volume": 4187, "typical_volume": 3016.85, "trend": 27.107003, "fair_value": 23.663355, "relative_strength": -6.404845, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.140522, "energy": 82.840481, "activity_lines": [ 28.274452, 28.063849, 27.472208, 27.194079 ] }, { "date": "2025-08-08", "close": 28.284344, "volume": 1776, "typical_volume": 2477.0, "trend": 27.130262, "fair_value": 23.709417, "relative_strength": -9.227446, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.110231, "energy": 73.512877, "activity_lines": [ 28.273657, 28.137134, 27.604298, 27.270036 ] }, { "date": "2025-08-15", "close": 28.742794, "volume": 4064, "typical_volume": 2661.35, "trend": 27.159246, "fair_value": 23.759323, "relative_strength": -9.706532, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.519413, "energy": 79.367221, "activity_lines": [ 28.422166, 28.277376, 27.768803, 27.37407 ] }, { "date": "2025-08-22", "close": 28.692963, "volume": 8, "typical_volume": 2661.75, "trend": 27.164815, "fair_value": 23.813469, "relative_strength": -10.961133, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.620751, "energy": 80.243113, "activity_lines": [ 28.523961, 28.387346, 27.916835, 27.47302 ] }, { "date": "2025-08-29", "close": 28.772694, "volume": 5143, "typical_volume": 2889.95, "trend": 27.174195, "fair_value": 23.872902, "relative_strength": -8.134505, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.697839, "energy": 88.319317, "activity_lines": [ 28.633165, 28.48952, 28.060969, 27.576754 ] }, { "date": "2025-09-05", "close": 28.638149, "volume": 7709, "typical_volume": 3189.25, "trend": 27.198008, "fair_value": 23.92835, "relative_strength": -7.047613, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.025211, "energy": 84.179247, "activity_lines": [ 28.675356, 28.54367, 28.17037, 27.671203 ] }, { "date": "2025-09-12", "close": 28.902254, "volume": 710, "typical_volume": 3040.95, "trend": 27.242047, "fair_value": 23.984243, "relative_strength": -8.077484, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.354666, "energy": 85.197786, "activity_lines": [ 28.767378, 28.624724, 28.284803, 27.781154 ] }, { "date": "2025-09-19", "close": 29.355721, "volume": 2397, "typical_volume": 2326.3, "trend": 27.291434, "fair_value": 24.057941, "relative_strength": -5.790685, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.115354, "energy": 79.926069, "activity_lines": [ 28.969361, 28.776033, 28.424687, 27.91752 ] }, { "date": "2025-09-26", "close": 29.111546, "volume": 1614, "typical_volume": 2380.3, "trend": 27.363472, "fair_value": 24.130136, "relative_strength": -7.052386, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.451924, "energy": 66.219095, "activity_lines": [ 29.049091, 28.863593, 28.5257, 28.034947 ] }, { "date": "2025-10-03", "close": 29.111546, "volume": 0, "typical_volume": 2366.4, "trend": 27.445276, "fair_value": 24.203368, "relative_strength": -8.029262, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.161767, "energy": 66.686646, "activity_lines": [ 29.100916, 28.938314, 28.613963, 28.147726 ] }, { "date": "2025-10-10", "close": 29.520166, "volume": 1257, "typical_volume": 1939.45, "trend": 27.569338, "fair_value": 24.281217, "relative_strength": -3.796977, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.610171, "energy": 71.080525, "activity_lines": [ 29.266357, 29.075125, 28.733168, 28.281589 ] }, { "date": "2025-10-17", "close": 29.864002, "volume": 1730, "typical_volume": 1949.75, "trend": 27.700722, "fair_value": 24.360509, "relative_strength": -1.814368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.684376, "energy": 73.177517, "activity_lines": [ 29.487608, 29.247995, 28.872859, 28.429632 ] }, { "date": "2025-10-24", "close": 29.903866, "volume": 882, "typical_volume": 1974.7, "trend": 27.821518, "fair_value": 24.432938, "relative_strength": -3.139728, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.092219, "energy": 74.71826, "activity_lines": [ 29.658032, 29.399391, 29.00453, 28.571771 ] }, { "date": "2025-10-31", "close": 30.427099, "volume": 4598, "typical_volume": 2009.3, "trend": 27.959754, "fair_value": 24.511568, "relative_strength": -2.789507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.048657, "energy": 84.055892, "activity_lines": [ 29.966323, 29.624811, 29.174948, 28.739873 ] }, { "date": "2025-11-07", "close": 29.266024, "volume": 1691, "typical_volume": 2078.05, "trend": 28.129639, "fair_value": 24.574688, "relative_strength": -5.527806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.671872, "energy": 64.181254, "activity_lines": [ 29.799886, 29.607596, 29.220691, 28.824148 ] }, { "date": "2025-11-14", "close": 29.634779, "volume": 551, "typical_volume": 2105.6, "trend": 28.303705, "fair_value": 24.640359, "relative_strength": -6.306662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.26085, "energy": 56.089127, "activity_lines": [ 29.746068, 29.648459, 29.293034, 28.921254 ] }, { "date": "2025-11-21", "close": 28.598282, "volume": 4103, "typical_volume": 2288.35, "trend": 28.417729, "fair_value": 24.697675, "relative_strength": -6.279982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.125439, "energy": 22.931854, "activity_lines": [ 29.339111, 29.482746, 29.256386, 28.940259 ] }, { "date": "2025-11-28", "close": 29.724474, "volume": 5556, "typical_volume": 2543.6, "trend": 28.539331, "fair_value": 24.761086, "relative_strength": -3.685569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.073803, "energy": 24.929089, "activity_lines": [ 29.391932, 29.527323, 29.32525, 29.024565 ] }, { "date": "2025-12-05", "close": 30.312487, "volume": 3146, "typical_volume": 2567.3, "trend": 28.668616, "fair_value": 24.832463, "relative_strength": -1.571772, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.757973, "energy": 33.680911, "activity_lines": [ 29.652717, 29.672106, 29.443289, 29.138962 ] }, { "date": "2025-12-12", "close": 30.277603, "volume": 132, "typical_volume": 2562.7, "trend": 28.7633, "fair_value": 24.904403, "relative_strength": -1.502918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.589196, "energy": 42.383395, "activity_lines": [ 29.909515, 29.788712, 29.548925, 29.242768 ] }, { "date": "2025-12-19", "close": 30.158009, "volume": 266, "typical_volume": 2366.65, "trend": 28.870385, "fair_value": 24.979297, "relative_strength": -4.207198, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.338683, "energy": 60.122014, "activity_lines": [ 30.05901, 29.862372, 29.634422, 29.332749 ] }, { "date": "2025-12-26", "close": 30.158009, "volume": 0, "typical_volume": 2277.85, "trend": 28.962903, "fair_value": 25.053293, "relative_strength": -3.51208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.384832, "energy": 67.979174, "activity_lines": [ 30.173623, 29.924435, 29.709952, 29.415821 ] }, { "date": "2026-01-02", "close": 29.943733, "volume": 1860, "typical_volume": 2167.65, "trend": 29.041823, "fair_value": 25.126027, "relative_strength": -5.431168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.704483, "energy": 55.450271, "activity_lines": [ 30.112828, 29.942193, 29.756153, 29.479101 ] }, { "date": "2026-01-09", "close": 30.432081, "volume": 356, "typical_volume": 2185.05, "trend": 29.140663, "fair_value": 25.19797, "relative_strength": -4.296231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.117274, "energy": 51.125796, "activity_lines": [ 30.200199, 30.048017, 29.843144, 29.568795 ] }, { "date": "2026-01-16", "close": 30.601507, "volume": 6537, "typical_volume": 2254.75, "trend": 29.244819, "fair_value": 25.273011, "relative_strength": -3.666237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.307463, "energy": 54.400468, "activity_lines": [ 30.336072, 30.184555, 29.93799, 29.663043 ] }, { "date": "2026-01-23", "close": 30.247705, "volume": 752, "typical_volume": 1906.9, "trend": 29.337183, "fair_value": 25.338839, "relative_strength": -2.417507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.054277, "energy": 43.00928, "activity_lines": [ 30.332418, 30.232484, 29.990432, 29.727745 ] }, { "date": "2026-01-30", "close": 30.217806, "volume": 4222, "typical_volume": 2082.5, "trend": 29.403388, "fair_value": 25.400514, "relative_strength": -3.687528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.49666, "energy": 42.036886, "activity_lines": [ 30.312818, 30.263832, 30.032362, 29.78456 ] }, { "date": "2026-02-06", "close": 29.9238, "volume": 5644, "typical_volume": 2244.85, "trend": 29.457807, "fair_value": 25.463282, "relative_strength": -5.083942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.470325, "energy": 30.703118, "activity_lines": [ 30.191229, 30.212279, 30.040026, 29.818135 ] }, { "date": "2026-02-13", "close": 30.219999, "volume": 3562, "typical_volume": 2342.25, "trend": 29.518291, "fair_value": 25.528168, "relative_strength": -3.037732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.604733, "energy": 23.892396, "activity_lines": [ 30.169702, 30.210956, 30.073195, 29.867308 ] }, { "date": "2026-02-20", "close": 29.805, "volume": 218, "typical_volume": 2353.15, "trend": 29.563784, "fair_value": 25.593122, "relative_strength": -6.292421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.640956, "energy": 17.610596, "activity_lines": [ 30.023981, 30.135861, 30.061562, 29.885806 ] }, { "date": "2026-02-27", "close": 29.82, "volume": 1860, "typical_volume": 2383.3, "trend": 29.622281, "fair_value": 25.656447, "relative_strength": -7.538553, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.665734, "energy": 18.73638, "activity_lines": [ 29.93636, 30.072085, 30.048055, 29.902336 ] }, { "date": "2026-03-06", "close": 29.535, "volume": 14462, "typical_volume": 3019.9, "trend": 29.66397, "fair_value": 25.721619, "relative_strength": -2.019387, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.772297, "energy": 18.90954, "activity_lines": [ 29.782253, 29.962637, 30.005978, 29.896705 ] }, { "date": "2026-03-13", "close": 28.795, "volume": 206, "typical_volume": 2986.1, "trend": 29.66571, "fair_value": 25.781872, "relative_strength": -4.782618, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.685402, "energy": 57.826056, "activity_lines": [ 29.427, 29.729971, 29.894991, 29.840642 ] }, { "date": "2026-03-20", "close": 28.155001, "volume": 1455, "typical_volume": 2828.95, "trend": 29.647778, "fair_value": 25.837508, "relative_strength": -3.672671, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -63.853513, "energy": 79.39557, "activity_lines": [ 28.933667, 29.401828, 29.728332, 29.743177 ] }, { "date": "2026-03-27", "close": 27.469999, "volume": 1549, "typical_volume": 2821.85, "trend": 29.604355, "fair_value": 25.887713, "relative_strength": -7.063674, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.619333, "energy": 96.72577, "activity_lines": [ 28.349667, 28.99054, 29.507254, 29.602675 ] }, { "date": "2026-04-03", "close": 28.16, "volume": 5357, "typical_volume": 3062.15, "trend": 29.588417, "fair_value": 25.940177, "relative_strength": -9.056631, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.719246, "energy": 87.200211, "activity_lines": [ 28.151333, 28.761644, 29.360443, 29.509491 ] }, { "date": "2026-04-10", "close": 29.190001, "volume": 9637, "typical_volume": 3338.85, "trend": 29.598008, "fair_value": 25.998085, "relative_strength": -9.409291, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.684024, "energy": 75.270069, "activity_lines": [ 28.407, 28.757978, 29.31875, 29.483787 ] }, { "date": "2026-04-17", "close": 29.9, "volume": 1029, "typical_volume": 3112.5, "trend": 29.616151, "fair_value": 26.059791, "relative_strength": -9.426771, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.603254, "energy": 30.145616, "activity_lines": [ 28.922334, 28.902091, 29.341859, 29.50327 ] }, { "date": "2026-04-24", "close": 30.83, "volume": 1933, "typical_volume": 3051.85, "trend": 29.673433, "fair_value": 26.128557, "relative_strength": -4.158292, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.05036, "energy": 26.064649, "activity_lines": [ 29.674, 29.215727, 29.452703, 29.581583 ] }, { "date": "2026-05-01", "close": 31.125, "volume": 13351, "typical_volume": 3712.8, "trend": 29.740548, "fair_value": 26.200247, "relative_strength": -4.328491, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.485075, "energy": 42.858553, "activity_lines": [ 30.345667, 29.571909, 29.589178, 29.675232 ] }, { "date": "2026-05-08", "close": 32.355, "volume": 6281, "typical_volume": 4013.55, "trend": 29.835042, "fair_value": 26.280512, "relative_strength": -2.612544, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.171719, "energy": 71.54977, "activity_lines": [ 31.183667, 30.127727, 29.838761, 29.843907 ] }, { "date": "2026-05-15", "close": 32.32, "volume": 7807, "typical_volume": 4403.9, "trend": 29.916909, "fair_value": 26.357449, "relative_strength": -2.32637, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.405427, "energy": 93.785759, "activity_lines": [ 31.730333, 30.631091, 30.074548, 30.004226 ] }, { "date": "2026-05-22", "close": 32.255001, "volume": 73727, "typical_volume": 7997.25, "trend": 29.99528, "fair_value": 26.432528, "relative_strength": -3.214491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.935751, "energy": 91.003229, "activity_lines": [ 32.046667, 31.072, 30.29385, 30.155071 ] }, { "date": "2026-05-29", "close": 33.290001, "volume": 7276, "typical_volume": 8343.25, "trend": 30.09071, "fair_value": 26.510981, "relative_strength": -1.108711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.324942, "energy": 95.301825, "activity_lines": [ 32.551001, 31.638182, 30.600717, 30.367634 ] }, { "date": "2026-06-05", "close": 33.215, "volume": 2480, "typical_volume": 8140.4, "trend": 30.222343, "fair_value": 26.587668, "relative_strength": -1.008655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.849047, "energy": 91.964589, "activity_lines": [ 32.866334, 32.097364, 30.886832, 30.569201 ] }, { "date": "2026-06-12", "close": 33.424999, "volume": 3168, "typical_volume": 8261.2, "trend": 30.348683, "fair_value": 26.660687, "relative_strength": -3.354692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.343322, "energy": 91.082965, "activity_lines": [ 33.112333, 32.490273, 31.180502, 30.775824 ] }, { "date": "2026-06-19", "close": 34.025002, "volume": 0, "typical_volume": 8050.1, "trend": 30.529574, "fair_value": 26.739839, "relative_strength": -3.981096, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.534385, "energy": 93.409562, "activity_lines": [ 33.487001, 32.896546, 31.516185, 31.013006 ] }, { "date": "2026-06-26", "close": 33.52, "volume": 0, "typical_volume": 7767.9, "trend": 30.656091, "fair_value": 26.816663, "relative_strength": -2.378374, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.190538, "energy": 86.322098, "activity_lines": [ 33.579667, 33.123091, 31.785643, 31.205936 ] }, { "date": "2026-07-03", "close": 33.810001, "volume": 0, "typical_volume": 7589.8, "trend": 30.772675, "fair_value": 26.892933, "relative_strength": -4.231675, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.704361, "energy": 85.989825, "activity_lines": [ 33.684667, 33.336546, 32.065596, 31.409414 ] }, { "date": "2026-07-10", "close": 33.950001, "volume": 932, "typical_volume": 7625.5, "trend": 30.895088, "fair_value": 26.965555, "relative_strength": -3.291707, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.102151, "energy": 86.575235, "activity_lines": [ 33.801667, 33.521273, 32.341786, 31.614403 ] }, { "date": "2026-07-17", "close": 33.205002, "volume": 4530, "typical_volume": 7759.0, "trend": 30.996655, "fair_value": 27.032398, "relative_strength": -3.900354, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.58843, "energy": 64.4355, "activity_lines": [ 33.621335, 33.519183, 32.527286, 31.76343 ] }, { "date": "2026-07-24", "close": 33.005001, "volume": 8496, "typical_volume": 7460.7, "trend": 31.091555, "fair_value": 27.09796, "relative_strength": -4.162322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.622538, "energy": 57.03926, "activity_lines": [ 33.389001, 33.465274, 32.67762, 31.893001 ] }, { "date": "2026-07-31", "close": 32.889999, "volume": 19170, "typical_volume": 8408.9, "trend": 31.189764, "fair_value": 27.161875, "relative_strength": -4.976852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.184317, "energy": 47.474095, "activity_lines": [ 33.186334, 33.378001, 32.800477, 32.009029 ] }, { "date": "2026-08-07", "close": 34.360001, "volume": 921, "typical_volume": 8382.2, "trend": 31.320694, "fair_value": 27.238215, "relative_strength": -3.471621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.034248, "energy": 57.300151, "activity_lines": [ 33.515667, 33.546455, 33.043834, 32.213561 ] } ], "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." } } }