{ "ticker": { "uuid": "8e1cc241-9266-4187-a007-42920e2af448", "symbol": "SIVI", "name": "Siljansvik AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "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": "^OMX", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 50.974, "architecture_energy": 31.64, "architecture_maturity": 39.188, "architecture_confidence": 65.382, "architecture_tenure": "New", "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": 32.66, "rotation_up": 39.33, "upward_expansion": 74.96, "deceleration": 68.78, "rotation_down": 26.66, "downward_expansion": 3.96 }, "activity_lines": [ 115.893332, 115.574545, 115.095762, 112.264316 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 116.0, "trend_reference": 106.694039, "distance_from_trend": 0.087221, "trend_direction": "Improving", "fair_value": 84.304758, "distance_from_fair_value": 0.37596, "fair_value_direction": "Weakening", "relative_strength": 4.784874, "relative_strength_direction": "Weakening", "price_momentum": 0.335136, "excess_performance": 0.273642, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.087221, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.091534, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.37596, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.050789, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.047849, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.009148, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.335136, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.689132, "read": "Demand-led" } ], "volume": { "latest": 6868, "relative_activity": 0.434204, "balance": 1.689132, "dry_up": 0.524437, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.043078, "annualized_volatility": 0.324653, "from_high_reference": -0.109239, "from_low_reference": 0.408251 }, "levels": { "trend_reference": 106.694039, "fair_value_reference": 84.304758, "structural_low": 84.921287, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.004975, "positive_rate": 0.526316, "directional_follow_through": 0.526316, "median_excess_return": -0.004927, "regime_survival": 0.789474, "best_return": 0.231809, "worst_return": -0.228692, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.044776, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.052508, "regime_survival": 0.857143, "best_return": 0.2075, "worst_return": -0.255696, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.086956, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.134119, "regime_survival": 0.666667, "best_return": 0.173643, "worst_return": -0.143302, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.18907, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.084187, "regime_survival": 1.0, "best_return": 0.275699, "worst_return": 0.102441, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-01-19", "end": "2024-03-29", "tenure": "Developing", "return": 0.051335, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-05", "end": "2024-05-24", "tenure": "Developing", "return": -0.110048, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-31", "end": "2024-06-28", "tenure": "Developing", "return": 0.103896, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-05", "end": "2024-08-16", "tenure": "Developing", "return": -0.0175, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-23", "end": "2024-09-20", "tenure": "Developing", "return": 0.094148, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2025-04-11", "tenure": "Extended", "return": 0.213152, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.013825, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-07-11", "tenure": "Developing", "return": -0.035499, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": -0.091093, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-15", "end": "2025-12-12", "tenure": "Established", "return": 0.0, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-02-27", "tenure": "Developing", "return": 0.002242, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-06-19", "tenure": "Established", "return": 0.106352, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-07-10", "tenure": "New", "return": 0.017391, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.005199, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 46.385349, "volume": 19515, "typical_volume": 11135.8, "trend": 51.197907, "fair_value": 49.368443, "relative_strength": -9.383867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.881855, "energy": 38.855667, "activity_lines": [ 47.458207, 48.068645, 49.064343, 49.879786 ] }, { "date": "2023-08-25", "close": 45.912029, "volume": 4012, "typical_volume": 11026.05, "trend": 50.820141, "fair_value": 49.326799, "relative_strength": -10.426787, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.950337, "energy": 49.08885, "activity_lines": [ 46.87129, 47.583277, 48.694885, 49.538762 ] }, { "date": "2023-09-01", "close": 48.846607, "volume": 11730, "typical_volume": 11184.0, "trend": 50.633125, "fair_value": 49.321083, "relative_strength": -6.531323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.713106, "energy": 36.05881, "activity_lines": [ 47.357231, 47.712364, 48.637635, 49.411437 ] }, { "date": "2023-09-08", "close": 47.710644, "volume": 10444, "typical_volume": 11115.35, "trend": 50.377266, "fair_value": 49.302136, "relative_strength": -8.489944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.838205, "energy": 29.205139, "activity_lines": [ 47.464517, 47.641797, 48.481214, 49.22289 ] }, { "date": "2023-09-15", "close": 47.047997, "volume": 6646, "typical_volume": 11042.9, "trend": 50.117906, "fair_value": 49.275925, "relative_strength": -10.680604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.143834, "energy": 27.488957, "activity_lines": [ 47.388786, 47.485171, 48.273454, 49.008098 ] }, { "date": "2023-09-22", "close": 47.710644, "volume": 7956, "typical_volume": 10768.2, "trend": 49.899219, "fair_value": 49.257934, "relative_strength": -8.164799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.621156, "energy": 17.75904, "activity_lines": [ 47.565492, 47.481729, 48.149039, 48.852791 ] }, { "date": "2023-09-29", "close": 47.331985, "volume": 25910, "typical_volume": 11603.85, "trend": 49.686497, "fair_value": 49.236048, "relative_strength": -8.048079, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.42395, "energy": 19.250623, "activity_lines": [ 47.527626, 47.440421, 47.999445, 48.687163 ] }, { "date": "2023-10-06", "close": 47.331985, "volume": 46542, "typical_volume": 13258.9, "trend": 49.517142, "fair_value": 49.214654, "relative_strength": -7.716082, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.391474, "energy": 22.865288, "activity_lines": [ 47.395096, 47.399112, 47.861655, 48.535259 ] }, { "date": "2023-10-13", "close": 47.331985, "volume": 9977, "typical_volume": 12678.05, "trend": 49.329201, "fair_value": 49.193735, "relative_strength": -8.734171, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.630652, "energy": 21.908207, "activity_lines": [ 47.36354, 47.385342, 47.748058, 48.394281 ] }, { "date": "2023-10-20", "close": 45.817368, "volume": 15918, "typical_volume": 12331.95, "trend": 49.127944, "fair_value": 49.156632, "relative_strength": -6.462646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.462403, "energy": 29.406449, "activity_lines": [ 46.852357, 47.1134, 47.506439, 48.167711 ] }, { "date": "2023-10-27", "close": 46.290688, "volume": 10014, "typical_volume": 12114.25, "trend": 48.905294, "fair_value": 49.125481, "relative_strength": -3.683854, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.880502, "energy": 32.958675, "activity_lines": [ 46.580988, 46.958496, 47.332438, 47.984662 ] }, { "date": "2023-11-03", "close": 45.249378, "volume": 7066, "typical_volume": 12005.5, "trend": 48.654128, "fair_value": 49.083802, "relative_strength": -8.741371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.146028, "energy": 42.535419, "activity_lines": [ 46.05718, 46.615984, 47.084058, 47.748797 ] }, { "date": "2023-11-10", "close": 44.018749, "volume": 28580, "typical_volume": 13349.2, "trend": 48.43009, "fair_value": 49.029919, "relative_strength": -10.314613, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.635665, "energy": 55.385012, "activity_lines": [ 45.262003, 46.061769, 46.742817, 47.44974 ] }, { "date": "2023-11-17", "close": 45.249378, "volume": 12037, "typical_volume": 13366.3, "trend": 48.265659, "fair_value": 48.990124, "relative_strength": -10.855657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.551009, "energy": 47.768619, "activity_lines": [ 45.097918, 45.819085, 46.543572, 47.244533 ] }, { "date": "2023-11-24", "close": 45.438709, "volume": 10006, "typical_volume": 13638.2, "trend": 48.070367, "fair_value": 48.95313, "relative_strength": -11.281477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.644855, "energy": 42.876443, "activity_lines": [ 45.135783, 45.655575, 46.383094, 47.062149 ] }, { "date": "2023-12-01", "close": 45.060047, "volume": 16963, "typical_volume": 14382.95, "trend": 47.90582, "fair_value": 48.912995, "relative_strength": -12.338819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.366671, "energy": 37.522525, "activity_lines": [ 45.072672, 45.452477, 46.202781, 46.867935 ] }, { "date": "2023-12-08", "close": 44.586731, "volume": 15794, "typical_volume": 14653.65, "trend": 47.731691, "fair_value": 48.868849, "relative_strength": -15.109532, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.855364, "energy": 32.916084, "activity_lines": [ 44.933832, 45.211514, 45.998126, 46.6538 ] }, { "date": "2023-12-15", "close": 45.62804, "volume": 15653, "typical_volume": 14726.7, "trend": 47.505538, "fair_value": 48.836114, "relative_strength": -15.340394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.33884, "energy": 27.468489, "activity_lines": [ 45.186271, 45.209793, 45.905717, 46.518081 ] }, { "date": "2023-12-22", "close": 45.060047, "volume": 17825, "typical_volume": 15134.8, "trend": 47.31621, "fair_value": 48.798353, "relative_strength": -15.580005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.546852, "energy": 23.895328, "activity_lines": [ 45.142093, 45.135782, 45.774539, 46.360307 ] }, { "date": "2023-12-29", "close": 45.912029, "volume": 15291, "typical_volume": 15393.95, "trend": 47.161592, "fair_value": 48.769776, "relative_strength": -14.377705, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.672825, "energy": 20.247139, "activity_lines": [ 45.394531, 45.257985, 45.739829, 46.269715 ] }, { "date": "2024-01-05", "close": 45.438709, "volume": 15823, "typical_volume": 15209.35, "trend": 46.959642, "fair_value": 48.737118, "relative_strength": -12.699085, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.759246, "energy": 16.852304, "activity_lines": [ 45.457641, 45.292409, 45.667704, 46.158561 ] }, { "date": "2024-01-12", "close": 45.438709, "volume": 15438, "typical_volume": 15780.65, "trend": 46.795558, "fair_value": 48.705095, "relative_strength": -12.960604, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.726285, "energy": 16.011672, "activity_lines": [ 45.495507, 45.342323, 45.600087, 46.060436 ] }, { "date": "2024-01-19", "close": 46.10136, "volume": 8670, "typical_volume": 15627.65, "trend": 46.691428, "fair_value": 48.680059, "relative_strength": -8.975892, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.05191, "energy": 13.271734, "activity_lines": [ 45.697458, 45.509276, 45.597834, 46.015649 ] }, { "date": "2024-01-26", "close": 44.870728, "volume": 14357, "typical_volume": 15823.3, "trend": 46.533655, "fair_value": 48.64378, "relative_strength": -13.566681, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.146008, "energy": 17.105577, "activity_lines": [ 45.457644, 45.414613, 45.49145, 45.898185 ] }, { "date": "2024-02-02", "close": 45.344048, "volume": 8623, "typical_volume": 15922.15, "trend": 46.416903, "fair_value": 48.61265, "relative_strength": -12.219385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -41.064064, "energy": 18.41294, "activity_lines": [ 45.388224, 45.412893, 45.443668, 45.821436 ] }, { "date": "2024-02-09", "close": 44.681396, "volume": 17683, "typical_volume": 16408.5, "trend": 46.259129, "fair_value": 48.575909, "relative_strength": -12.456618, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -49.816679, "energy": 24.493495, "activity_lines": [ 45.135786, 45.292411, 45.340889, 45.709468 ] }, { "date": "2024-02-16", "close": 45.249378, "volume": 7698, "typical_volume": 15497.9, "trend": 46.189709, "fair_value": 48.545108, "relative_strength": -12.991992, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.494201, "energy": 26.480759, "activity_lines": [ 45.123162, 45.282083, 45.30663, 45.644323 ] }, { "date": "2024-02-23", "close": 44.492069, "volume": 8030, "typical_volume": 13572.3, "trend": 46.044558, "fair_value": 48.507924, "relative_strength": -14.900413, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.160956, "energy": 31.218537, "activity_lines": [ 44.870725, 45.122015, 45.210163, 45.534797 ] }, { "date": "2024-03-01", "close": 46.669338, "volume": 39671, "typical_volume": 15057.0, "trend": 45.990915, "fair_value": 48.49121, "relative_strength": -11.292203, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.082575, "energy": 5.920527, "activity_lines": [ 45.451329, 45.378468, 45.334578, 45.575106 ] }, { "date": "2024-03-08", "close": 47.331985, "volume": 68067, "typical_volume": 17664.45, "trend": 45.984604, "fair_value": 48.480766, "relative_strength": -10.587642, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.150895, "energy": 14.124164, "activity_lines": [ 46.132909, 45.726142, 45.525258, 45.661627 ] }, { "date": "2024-03-15", "close": 46.480011, "volume": 30463, "typical_volume": 18686.9, "trend": 45.987759, "fair_value": 48.462903, "relative_strength": -13.237734, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.987855, "energy": 17.003434, "activity_lines": [ 46.397968, 45.893095, 45.627585, 45.693588 ] }, { "date": "2024-03-22", "close": 46.858669, "volume": 25796, "typical_volume": 19623.4, "trend": 46.019314, "fair_value": 48.448706, "relative_strength": -12.048002, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.82484, "energy": 27.875037, "activity_lines": [ 46.669339, 46.109962, 45.765074, 45.749776 ] }, { "date": "2024-03-29", "close": 48.467957, "volume": 12901, "typical_volume": 18839.45, "trend": 46.006692, "fair_value": 48.448875, "relative_strength": -8.062235, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.429542, "energy": 50.573103, "activity_lines": [ 47.369853, 46.593609, 46.048164, 45.907753 ] }, { "date": "2024-04-05", "close": 79.139084, "volume": 1275266, "typical_volume": 82000.9, "trend": 47.054307, "fair_value": 48.715746, "relative_strength": 49.900674, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.528364, "energy": 97.152454, "activity_lines": [ 58.029017, 52.610795, 49.231128, 48.045327 ] }, { "date": "2024-04-12", "close": 79.517738, "volume": 113779, "typical_volume": 87189.55, "trend": 48.136631, "fair_value": 48.98128, "relative_strength": 49.238785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 99.232226, "energy": 99.572492, "activity_lines": [ 66.64975, 58.073767, 52.288774, 50.139742 ] }, { "date": "2024-04-19", "close": 79.517738, "volume": 50819, "typical_volume": 88882.35, "trend": 49.196868, "fair_value": 49.242276, "relative_strength": 48.265561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.3026, "energy": 97.985982, "activity_lines": [ 73.124765, 62.915399, 55.184139, 52.164329 ] }, { "date": "2024-04-26", "close": 78.760422, "volume": 73304, "typical_volume": 91757.85, "trend": 50.244482, "fair_value": 49.49243, "relative_strength": 42.610138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.416056, "energy": 92.441441, "activity_lines": [ 77.144827, 66.985949, 57.843295, 54.071655 ] }, { "date": "2024-05-03", "close": 78.760422, "volume": 40536, "typical_volume": 93002.0, "trend": 51.292097, "fair_value": 49.738379, "relative_strength": 42.496295, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.655639, "energy": 89.010178, "activity_lines": [ 79.038105, 70.447207, 60.339718, 55.911393 ] }, { "date": "2024-05-10", "close": 59.448978, "volume": 121705, "typical_volume": 98196.0, "trend": 51.695997, "fair_value": 49.819301, "relative_strength": 3.932316, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.361539, "energy": 66.454772, "activity_lines": [ 72.474737, 69.774233, 60.839184, 56.437644 ] }, { "date": "2024-05-17", "close": 68.158058, "volume": 38634, "typical_volume": 99363.15, "trend": 52.440686, "fair_value": 49.970861, "relative_strength": 19.984919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.811137, "energy": 49.708329, "activity_lines": [ 70.12707, 70.452371, 62.099567, 57.499712 ] }, { "date": "2024-05-24", "close": 70.429993, "volume": 54447, "typical_volume": 101294.35, "trend": 53.24533, "fair_value": 50.138559, "relative_strength": 22.445012, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.688962, "energy": 37.350324, "activity_lines": [ 69.294026, 71.164932, 63.470391, 58.660313 ] }, { "date": "2024-05-31", "close": 74.035629, "volume": 31528, "typical_volume": 102098.85, "trend": 54.204872, "fair_value": 50.332844, "relative_strength": 28.999684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.095084, "energy": 32.790795, "activity_lines": [ 70.268711, 72.097609, 65.065603, 60.001622 ] }, { "date": "2024-06-07", "close": 72.881828, "volume": 11374, "typical_volume": 102234.05, "trend": 55.166974, "fair_value": 50.51469, "relative_strength": 25.453863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.726137, "energy": 40.477265, "activity_lines": [ 71.173782, 72.326377, 66.414753, 61.206587 ] }, { "date": "2024-06-14", "close": 71.535721, "volume": 18696, "typical_volume": 102451.0, "trend": 56.043186, "fair_value": 50.682859, "relative_strength": 25.43649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.691929, "energy": 41.954943, "activity_lines": [ 72.022057, 71.86651, 67.508176, 62.262635 ] }, { "date": "2024-06-21", "close": 66.343613, "volume": 20359, "typical_volume": 103037.8, "trend": 56.740016, "fair_value": 50.80715, "relative_strength": 15.407717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.538792, "energy": 30.892504, "activity_lines": [ 70.333846, 70.600866, 67.980137, 62.927179 ] }, { "date": "2024-06-28", "close": 81.727638, "volume": 299881, "typical_volume": 117147.7, "trend": 57.962269, "fair_value": 51.050619, "relative_strength": 41.152175, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.316242, "energy": 41.220819, "activity_lines": [ 73.894606, 72.371848, 69.817246, 64.539284 ] }, { "date": "2024-07-05", "close": 76.920128, "volume": 81658, "typical_volume": 120845.7, "trend": 59.040049, "fair_value": 51.252724, "relative_strength": 32.576734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.484938, "energy": 42.24513, "activity_lines": [ 75.099687, 73.228557, 71.020085, 65.762371 ] }, { "date": "2024-07-12", "close": 77.304733, "volume": 69612, "typical_volume": 123924.8, "trend": 60.095939, "fair_value": 51.454678, "relative_strength": 28.679961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.417358, "energy": 42.016596, "activity_lines": [ 76.240669, 74.188653, 72.108741, 66.940738 ] }, { "date": "2024-07-19", "close": 78.650841, "volume": 36715, "typical_volume": 123777.0, "trend": 61.215632, "fair_value": 51.663879, "relative_strength": 32.929189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.273701, "energy": 51.096817, "activity_lines": [ 77.535494, 75.419964, 73.169346, 68.137828 ] }, { "date": "2024-07-26", "close": 76.727837, "volume": 26716, "typical_volume": 121709.45, "trend": 62.242825, "fair_value": 51.855207, "relative_strength": 28.403752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.976432, "energy": 41.407615, "activity_lines": [ 77.714976, 75.952513, 73.894515, 69.138616 ] }, { "date": "2024-08-02", "close": 76.53553, "volume": 20808, "typical_volume": 121226.7, "trend": 63.279386, "fair_value": 52.042179, "relative_strength": 32.87207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.746257, "energy": 35.343869, "activity_lines": [ 77.138074, 76.294283, 74.461389, 70.060726 ] }, { "date": "2024-08-09", "close": 75.574028, "volume": 73607, "typical_volume": 123617.25, "trend": 64.283897, "fair_value": 52.21911, "relative_strength": 30.664578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.151427, "energy": 32.169321, "activity_lines": [ 76.586812, 76.350224, 74.79357, 70.853929 ] }, { "date": "2024-08-16", "close": 75.574028, "volume": 88914, "typical_volume": 127417.9, "trend": 65.266319, "fair_value": 52.393401, "relative_strength": 25.975502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.027582, "energy": 24.714447, "activity_lines": [ 76.12529, 76.378195, 74.989012, 71.582324 ] }, { "date": "2024-08-23", "close": 75.574028, "volume": 53237, "typical_volume": 66316.45, "trend": 66.289762, "fair_value": 52.565109, "relative_strength": 23.866117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.039572, "energy": 21.269883, "activity_lines": [ 75.779149, 76.357216, 75.055376, 72.247338 ] }, { "date": "2024-08-30", "close": 75.958633, "volume": 99672, "typical_volume": 65611.1, "trend": 67.310248, "fair_value": 52.73712, "relative_strength": 22.055856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.728982, "energy": 19.226846, "activity_lines": [ 75.76633, 76.332742, 75.175346, 72.871136 ] }, { "date": "2024-09-06", "close": 76.150925, "volume": 88100, "typical_volume": 67475.15, "trend": 68.359233, "fair_value": 52.908024, "relative_strength": 27.14068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.842282, "energy": 18.023203, "activity_lines": [ 75.868888, 76.168412, 75.330578, 73.441502 ] }, { "date": "2024-09-13", "close": 76.727837, "volume": 109668, "typical_volume": 69293.35, "trend": 69.408515, "fair_value": 53.080631, "relative_strength": 24.970847, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.389762, "energy": 19.65541, "activity_lines": [ 76.189391, 76.210369, 75.556786, 73.981412 ] }, { "date": "2024-09-20", "close": 82.68914, "volume": 380521, "typical_volume": 86292.6, "trend": 70.68175, "fair_value": 53.293642, "relative_strength": 30.823948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.382924, "energy": 35.551718, "activity_lines": [ 78.420074, 77.339696, 76.360417, 74.838227 ] }, { "date": "2024-09-27", "close": 84.804443, "volume": 229046, "typical_volume": 91659.65, "trend": 71.95292, "fair_value": 53.518719, "relative_strength": 30.067297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.435243, "energy": 67.079151, "activity_lines": [ 80.881518, 78.755725, 77.346796, 75.749368 ] }, { "date": "2024-10-04", "close": 92.881065, "volume": 275748, "typical_volume": 103515.35, "trend": 73.471223, "fair_value": 53.797885, "relative_strength": 42.881462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.880624, "energy": 86.900083, "activity_lines": [ 85.419808, 81.528348, 78.981638, 77.099571 ] }, { "date": "2024-10-11", "close": 90.381157, "volume": 113674, "typical_volume": 106476.7, "trend": 74.934595, "fair_value": 54.055514, "relative_strength": 38.42764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.248155, "energy": 88.391262, "activity_lines": [ 87.996633, 83.552746, 80.260664, 78.190534 ] }, { "date": "2024-10-18", "close": 91.53495, "volume": 47881, "typical_volume": 107294.35, "trend": 76.423804, "fair_value": 54.317608, "relative_strength": 38.496079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.233584, "energy": 89.743216, "activity_lines": [ 90.009373, 85.535186, 81.55457, 79.261525 ] }, { "date": "2024-10-25", "close": 90.573456, "volume": 94434, "typical_volume": 111447.35, "trend": 77.827321, "fair_value": 54.569384, "relative_strength": 35.88082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.438775, "energy": 85.985725, "activity_lines": [ 90.714475, 87.052611, 82.673575, 80.174406 ] }, { "date": "2024-11-01", "close": 91.342659, "volume": 37239, "typical_volume": 112374.5, "trend": 78.234107, "fair_value": 54.822993, "relative_strength": 37.429074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.542124, "energy": 78.842672, "activity_lines": [ 91.150357, 88.437174, 83.781591, 81.046363 ] }, { "date": "2024-11-08", "close": 89.80426, "volume": 91960, "typical_volume": 115954.55, "trend": 78.576991, "fair_value": 55.062591, "relative_strength": 33.621609, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.180493, "energy": 59.096146, "activity_lines": [ 90.637557, 89.255325, 84.648774, 81.792825 ] }, { "date": "2024-11-15", "close": 92.688766, "volume": 164203, "typical_volume": 109170.65, "trend": 79.016025, "fair_value": 55.318551, "relative_strength": 38.929144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.070633, "energy": 58.109021, "activity_lines": [ 91.291381, 90.346194, 85.678955, 82.703262 ] }, { "date": "2024-11-22", "close": 96.63092, "volume": 93213, "typical_volume": 109748.4, "trend": 79.611708, "fair_value": 55.597689, "relative_strength": 42.736773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.000188, "energy": 60.753224, "activity_lines": [ 93.105415, 91.853129, 87.032384, 83.839707 ] }, { "date": "2024-11-29", "close": 96.150162, "volume": 70029, "typical_volume": 109769.25, "trend": 80.191366, "fair_value": 55.869853, "relative_strength": 40.215915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.236335, "energy": 59.43648, "activity_lines": [ 94.419464, 92.91078, 88.246165, 84.906704 ] }, { "date": "2024-12-06", "close": 97.111671, "volume": 34470, "typical_volume": 109657.0, "trend": 81.446789, "fair_value": 56.144798, "relative_strength": 34.483941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.032461, "energy": 61.661994, "activity_lines": [ 95.682237, 93.898505, 89.461778, 85.998336 ] }, { "date": "2024-12-13", "close": 95.765564, "volume": 75757, "typical_volume": 112109.05, "trend": 82.367039, "fair_value": 56.407188, "relative_strength": 33.915015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.710881, "energy": 57.531959, "activity_lines": [ 96.111706, 94.417716, 90.461282, 86.922128 ] }, { "date": "2024-12-20", "close": 97.111671, "volume": 64358, "typical_volume": 114286.55, "trend": 83.256429, "fair_value": 56.67498, "relative_strength": 38.350754, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.139783, "energy": 68.578861, "activity_lines": [ 96.592458, 95.129228, 91.49833, 87.873395 ] }, { "date": "2024-12-27", "close": 97.592415, "volume": 16131, "typical_volume": 111412.75, "trend": 84.041655, "fair_value": 56.942415, "relative_strength": 36.315335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.542901, "energy": 72.807209, "activity_lines": [ 96.938597, 95.805774, 92.483182, 88.798297 ] }, { "date": "2025-01-03", "close": 96.63092, "volume": 65639, "typical_volume": 110249.0, "trend": 84.833291, "fair_value": 57.200132, "relative_strength": 32.148304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.402448, "energy": 77.717538, "activity_lines": [ 96.900138, 96.197368, 93.271614, 89.610508 ] }, { "date": "2025-01-10", "close": 98.073174, "volume": 41257, "typical_volume": 109650.0, "trend": 85.717873, "fair_value": 57.463829, "relative_strength": 31.763021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.724057, "energy": 81.350784, "activity_lines": [ 97.31038, 96.741054, 94.097132, 90.464694 ] }, { "date": "2025-01-17", "close": 99.034668, "volume": 58538, "typical_volume": 107593.3, "trend": 86.807575, "fair_value": 57.730309, "relative_strength": 26.822721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.179331, "energy": 78.300799, "activity_lines": [ 97.97702, 97.337184, 94.907083, 91.323842 ] }, { "date": "2025-01-24", "close": 99.99617, "volume": 67123, "typical_volume": 106544.45, "trend": 87.416526, "fair_value": 58.031757, "relative_strength": 24.063144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.479767, "energy": 71.155318, "activity_lines": [ 98.74622, 97.940307, 95.698719, 92.174719 ] }, { "date": "2025-01-31", "close": 100.476929, "volume": 70322, "typical_volume": 104577.15, "trend": 88.201753, "fair_value": 58.354159, "relative_strength": 23.172311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.158484, "energy": 66.443295, "activity_lines": [ 99.483373, 98.497979, 96.422592, 93.017325 ] }, { "date": "2025-02-07", "close": 99.515427, "volume": 45983, "typical_volume": 87850.25, "trend": 88.942109, "fair_value": 58.659674, "relative_strength": 21.979664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.296098, "energy": 61.283012, "activity_lines": [ 99.707725, 98.810905, 96.941804, 93.74724 ] }, { "date": "2025-02-14", "close": 101.438423, "volume": 55022, "typical_volume": 79149.05, "trend": 89.701695, "fair_value": 59.004919, "relative_strength": 19.423984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.43777, "energy": 64.561833, "activity_lines": [ 100.380775, 99.41228, 97.564032, 94.553454 ] }, { "date": "2025-02-21", "close": 102.880676, "volume": 41366, "typical_volume": 67429.95, "trend": 90.573457, "fair_value": 59.341537, "relative_strength": 19.367177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.234241, "energy": 79.52432, "activity_lines": [ 101.310225, 100.197215, 98.244409, 95.403711 ] }, { "date": "2025-02-28", "close": 104.80368, "volume": 96932, "typical_volume": 66592.85, "trend": 91.515728, "fair_value": 59.703588, "relative_strength": 20.15418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.763249, "energy": 75.210021, "activity_lines": [ 102.624277, 101.202421, 99.060312, 96.321789 ] }, { "date": "2025-03-07", "close": 106.245934, "volume": 94574, "typical_volume": 68927.5, "trend": 92.538125, "fair_value": 60.051056, "relative_strength": 20.169627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.496302, "energy": 83.364499, "activity_lines": [ 104.098579, 102.33, 99.944893, 97.272125 ] }, { "date": "2025-03-14", "close": 105.765182, "volume": 64387, "typical_volume": 67425.15, "trend": 93.544497, "fair_value": 60.402591, "relative_strength": 20.209769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.31611, "energy": 79.785188, "activity_lines": [ 105.028031, 103.212833, 100.713637, 98.125484 ] }, { "date": "2025-03-21", "close": 105.765182, "volume": 32457, "typical_volume": 67186.05, "trend": 94.550869, "fair_value": 60.761274, "relative_strength": 21.090662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.657351, "energy": 67.796204, "activity_lines": [ 105.540832, 103.929588, 101.410038, 98.913915 ] }, { "date": "2025-03-28", "close": 103.361427, "volume": 40164, "typical_volume": 64596.25, "trend": 95.464295, "fair_value": 61.089656, "relative_strength": 20.875461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.744498, "energy": 60.494549, "activity_lines": [ 104.96393, 104.069443, 101.808832, 99.482338 ] }, { "date": "2025-04-04", "close": 100.957672, "volume": 58762, "typical_volume": 59324.2, "trend": 96.291187, "fair_value": 61.424135, "relative_strength": 30.314579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.229258, "energy": 39.597061, "activity_lines": [ 103.553727, 103.693583, 101.914139, 99.83675 ] }, { "date": "2025-04-11", "close": 102.880676, "volume": 94651, "typical_volume": 59396.1, "trend": 97.162948, "fair_value": 61.768021, "relative_strength": 32.348001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.492924, "energy": 26.226406, "activity_lines": [ 103.040926, 103.649878, 102.163214, 100.261878 ] }, { "date": "2025-04-18", "close": 104.322937, "volume": 45737, "typical_volume": 58181.5, "trend": 97.884075, "fair_value": 62.138845, "relative_strength": 28.852617, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.406959, "energy": 22.847849, "activity_lines": [ 103.233229, 103.824698, 102.519886, 100.723813 ] }, { "date": "2025-04-25", "close": 104.80368, "volume": 86799, "typical_volume": 60797.95, "trend": 98.550716, "fair_value": 62.524724, "relative_strength": 24.773766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.155983, "energy": 25.200879, "activity_lines": [ 103.68193, 103.999516, 102.883425, 101.170239 ] }, { "date": "2025-05-02", "close": 105.765182, "volume": 40685, "typical_volume": 59044.35, "trend": 98.980186, "fair_value": 62.904734, "relative_strength": 23.28156, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.428621, "energy": 37.053199, "activity_lines": [ 104.515231, 104.287966, 103.301907, 101.635688 ] }, { "date": "2025-05-09", "close": 106.245934, "volume": 88078, "typical_volume": 60230.35, "trend": 99.509012, "fair_value": 63.297893, "relative_strength": 23.117208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.865185, "energy": 42.080245, "activity_lines": [ 105.348533, 104.611381, 103.718558, 102.104446 ] }, { "date": "2025-05-16", "close": 110.572685, "volume": 117502, "typical_volume": 65298.9, "trend": 100.143603, "fair_value": 63.712145, "relative_strength": 22.191095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.922481, "energy": 64.911121, "activity_lines": [ 107.271534, 105.695254, 104.503784, 102.818232 ] }, { "date": "2025-05-23", "close": 113.457199, "volume": 132795, "typical_volume": 68656.7, "trend": 100.906395, "fair_value": 64.147538, "relative_strength": 27.3365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.968189, "energy": 79.655392, "activity_lines": [ 109.643239, 107.224917, 105.501914, 103.677173 ] }, { "date": "2025-05-30", "close": 98.551842, "volume": 192709, "typical_volume": 76229.3, "trend": 101.146701, "fair_value": 64.481517, "relative_strength": 9.231355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.772777, "energy": 26.24597, "activity_lines": [ 106.437541, 105.904659, 105.000362, 103.525267 ] }, { "date": "2025-06-06", "close": 94.335197, "volume": 385606, "typical_volume": 92582.7, "trend": 101.297732, "fair_value": 64.794542, "relative_strength": 2.973904, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -6.913249, "energy": 8.572341, "activity_lines": [ 102.243084, 103.948891, 104.094945, 103.085815 ] }, { "date": "2025-06-13", "close": 123.557541, "volume": 660338, "typical_volume": 122243.45, "trend": 102.326691, "fair_value": 65.291733, "relative_strength": 36.652932, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.329131, "energy": 37.134745, "activity_lines": [ 108.551407, 107.470389, 105.994987, 104.521931 ] }, { "date": "2025-06-20", "close": 116.202919, "volume": 270767, "typical_volume": 132265.7, "trend": 102.979091, "fair_value": 65.739306, "relative_strength": 27.723258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.11036, "energy": 33.72853, "activity_lines": [ 111.254082, 109.243777, 107.082391, 105.417172 ] }, { "date": "2025-06-27", "close": 106.887077, "volume": 52197, "typical_volume": 132576.4, "trend": 103.336988, "fair_value": 66.140953, "relative_strength": 14.076879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.342704, "energy": 29.599975, "activity_lines": [ 110.476128, 109.081152, 107.207687, 105.6693 ] }, { "date": "2025-07-04", "close": 116.202919, "volume": 59938, "typical_volume": 132822.2, "trend": 103.973363, "fair_value": 66.605862, "relative_strength": 22.685515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.540893, "energy": 53.20609, "activity_lines": [ 113.241463, 110.565697, 108.185103, 106.49936 ] }, { "date": "2025-07-11", "close": 102.474304, "volume": 41147, "typical_volume": 132811.25, "trend": 104.196988, "fair_value": 66.983452, "relative_strength": 6.219175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.56931, "energy": 20.529281, "activity_lines": [ 110.253854, 109.34687, 107.784725, 106.402647 ] }, { "date": "2025-07-18", "close": 96.884804, "volume": 58545, "typical_volume": 130891.9, "trend": 104.189426, "fair_value": 67.330781, "relative_strength": -0.017403, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.960591, "energy": 10.557899, "activity_lines": [ 104.860471, 107.171605, 106.853948, 105.930893 ] }, { "date": "2025-07-25", "close": 95.51194, "volume": 23645, "typical_volume": 127345.45, "trend": 104.120077, "fair_value": 67.663114, "relative_strength": -4.02321, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.278568, "energy": 20.277455, "activity_lines": [ 100.78765, 104.916931, 105.830131, 105.371055 ] }, { "date": "2025-08-01", "close": 89.62825, "volume": 48963, "typical_volume": 126574.25, "trend": 103.886654, "fair_value": 67.965238, "relative_strength": -7.552767, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.112611, "energy": 37.921092, "activity_lines": [ 96.132997, 101.866326, 104.297078, 104.436098 ] }, { "date": "2025-08-08", "close": 88.059265, "volume": 71574, "typical_volume": 128530.1, "trend": 103.552857, "fair_value": 68.268056, "relative_strength": -11.729541, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.259648, "energy": 64.878451, "activity_lines": [ 92.105937, 98.963706, 102.691439, 103.414977 ] }, { "date": "2025-08-15", "close": 87.470886, "volume": 43531, "typical_volume": 128698.45, "trend": 103.167398, "fair_value": 68.584527, "relative_strength": -13.714187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.578339, "energy": 67.976769, "activity_lines": [ 89.758995, 96.144881, 101.114079, 102.37743 ] }, { "date": "2025-08-22", "close": 89.432121, "volume": 35329, "typical_volume": 127526.8, "trend": 102.815263, "fair_value": 68.890011, "relative_strength": -13.536753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.681265, "energy": 62.52426, "activity_lines": [ 89.066026, 93.80745, 99.799172, 101.491283 ] }, { "date": "2025-08-29", "close": 94.139076, "volume": 46673, "typical_volume": 125127.9, "trend": 102.604001, "fair_value": 69.248005, "relative_strength": -7.086047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.763827, "energy": 49.696957, "activity_lines": [ 90.438887, 92.946292, 98.987429, 100.931529 ] }, { "date": "2025-09-05", "close": 90.216614, "volume": 49632, "typical_volume": 125322.65, "trend": 102.294041, "fair_value": 69.588034, "relative_strength": -11.151414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.960337, "energy": 37.59949, "activity_lines": [ 90.595785, 91.773119, 97.843746, 100.132343 ] }, { "date": "2025-09-12", "close": 89.432121, "volume": 28431, "typical_volume": 122404.25, "trend": 101.893831, "fair_value": 69.927115, "relative_strength": -12.368902, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.868122, "energy": 37.806852, "activity_lines": [ 90.451961, 90.76041, 96.692522, 99.302542 ] }, { "date": "2025-09-19", "close": 88.84375, "volume": 25488, "typical_volume": 121644.4, "trend": 101.425933, "fair_value": 70.234516, "relative_strength": -13.374567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.406254, "energy": 37.651059, "activity_lines": [ 90.02049, 90.127467, 95.558461, 98.460601 ] }, { "date": "2025-09-26", "close": 88.647629, "volume": 15626, "typical_volume": 118021.8, "trend": 100.887398, "fair_value": 70.481088, "relative_strength": -13.567255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.379426, "energy": 49.685652, "activity_lines": [ 89.432121, 89.706694, 94.4863, 97.636194 ] }, { "date": "2025-10-03", "close": 86.490273, "volume": 44223, "typical_volume": 114357.85, "trend": 100.228876, "fair_value": 70.733311, "relative_strength": -18.115724, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.989366, "energy": 63.197362, "activity_lines": [ 88.176932, 89.04344, 93.292477, 96.707347 ] }, { "date": "2025-10-10", "close": 85.705788, "volume": 23795, "typical_volume": 108907.85, "trend": 99.56023, "fair_value": 70.943869, "relative_strength": -18.08237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.052949, "energy": 70.62215, "activity_lines": [ 87.170169, 88.401584, 92.13862, 95.770374 ] }, { "date": "2025-10-17", "close": 82.56781, "volume": 25080, "typical_volume": 100526.4, "trend": 98.786984, "fair_value": 71.136636, "relative_strength": -20.71728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.065062, "energy": 79.985899, "activity_lines": [ 85.418135, 87.260504, 90.818058, 94.674089 ] }, { "date": "2025-10-24", "close": 86.882523, "volume": 20855, "typical_volume": 82288.85, "trend": 98.237687, "fair_value": 71.32382, "relative_strength": -18.981253, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.335951, "energy": 69.406688, "activity_lines": [ 85.56196, 87.003761, 89.984535, 93.906059 ] }, { "date": "2025-10-31", "close": 88.255386, "volume": 25280, "typical_volume": 50535.95, "trend": 97.814278, "fair_value": 71.52743, "relative_strength": -16.95282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.907805, "energy": 50.99153, "activity_lines": [ 86.294153, 87.007328, 89.31725, 93.26204 ] }, { "date": "2025-11-07", "close": 86.882523, "volume": 29077, "typical_volume": 38451.45, "trend": 97.281006, "fair_value": 71.724324, "relative_strength": -17.091487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.927876, "energy": 43.246395, "activity_lines": [ 86.594876, 86.782678, 88.687321, 92.556765 ] }, { "date": "2025-11-14", "close": 87.667015, "volume": 25621, "typical_volume": 37122.65, "trend": 96.725808, "fair_value": 71.929345, "relative_strength": -16.857413, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.498473, "energy": 30.865457, "activity_lines": [ 87.130945, 86.8326, 88.271727, 91.936508 ] }, { "date": "2025-11-21", "close": 88.059265, "volume": 21610, "typical_volume": 35206.25, "trend": 96.167661, "fair_value": 72.138786, "relative_strength": -14.44799, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.711513, "energy": 26.491322, "activity_lines": [ 87.667017, 87.000197, 87.985014, 91.377376 ] }, { "date": "2025-11-28", "close": 89.236, "volume": 27150, "typical_volume": 34506.4, "trend": 95.616689, "fair_value": 72.345048, "relative_strength": -15.78954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.052775, "energy": 22.750677, "activity_lines": [ 88.229236, 87.406707, 87.944389, 90.930172 ] }, { "date": "2025-12-05", "close": 89.432121, "volume": 15279, "typical_volume": 32343.1, "trend": 95.056228, "fair_value": 72.560907, "relative_strength": -16.531855, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.113165, "energy": 17.992165, "activity_lines": [ 88.69993, 87.841743, 87.985481, 90.531168 ] }, { "date": "2025-12-12", "close": 87.470886, "volume": 20028, "typical_volume": 32162.25, "trend": 94.286168, "fair_value": 72.786831, "relative_strength": -17.931187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.520451, "energy": 14.17224, "activity_lines": [ 88.438431, 87.905928, 87.875278, 90.041791 ] }, { "date": "2025-12-19", "close": 87.470886, "volume": 0, "typical_volume": 29714.1, "trend": 93.419958, "fair_value": 73.00918, "relative_strength": -18.164128, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.811812, "energy": 15.028587, "activity_lines": [ 88.137707, 87.952283, 87.803366, 89.602095 ] }, { "date": "2025-12-26", "close": 89.236, "volume": 1106, "typical_volume": 26190.7, "trend": 93.10943, "fair_value": 73.265482, "relative_strength": -16.405572, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.554589, "energy": 12.635203, "activity_lines": [ 88.43843, 88.287476, 87.909833, 89.332162 ] }, { "date": "2026-01-02", "close": 87.470886, "volume": 20689, "typical_volume": 25048.6, "trend": 92.880619, "fair_value": 73.491405, "relative_strength": -18.633012, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -37.299222, "energy": 20.447277, "activity_lines": [ 88.072332, 88.180498, 87.84259, 88.968385 ] }, { "date": "2026-01-09", "close": 88.059265, "volume": 31514, "typical_volume": 24857.85, "trend": 91.697343, "fair_value": 73.704421, "relative_strength": -20.277658, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.459849, "energy": 17.318116, "activity_lines": [ 88.020035, 88.169802, 87.831384, 88.65733 ] }, { "date": "2026-01-16", "close": 88.451508, "volume": 18218, "typical_volume": 23435.1, "trend": 90.772296, "fair_value": 73.90208, "relative_strength": -21.265748, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.176747, "energy": 13.915251, "activity_lines": [ 88.19001, 88.233988, 87.864071, 88.447921 ] }, { "date": "2026-01-23", "close": 86.882523, "volume": 37063, "typical_volume": 22806.65, "trend": 90.105478, "fair_value": 74.092064, "relative_strength": -21.657437, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.290208, "energy": 21.082496, "activity_lines": [ 87.771614, 87.984377, 87.774415, 88.196968 ] }, { "date": "2026-01-30", "close": 86.09803, "volume": 16275, "typical_volume": 22198.85, "trend": 89.101982, "fair_value": 74.29489, "relative_strength": -22.324249, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.434863, "energy": 28.473328, "activity_lines": [ 87.130945, 87.606394, 87.625922, 87.938423 ] }, { "date": "2026-02-06", "close": 86.882523, "volume": 42213, "typical_volume": 23035.1, "trend": 88.582256, "fair_value": 74.496789, "relative_strength": -23.579199, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.234472, "energy": 28.333774, "activity_lines": [ 86.960972, 87.406706, 87.568019, 87.795232 ] }, { "date": "2026-02-13", "close": 87.470886, "volume": 18716, "typical_volume": 23189.6, "trend": 88.268458, "fair_value": 74.706033, "relative_strength": -22.665162, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.044359, "energy": 27.741554, "activity_lines": [ 87.026344, 87.356783, 87.57549, 87.723531 ] }, { "date": "2026-02-20", "close": 87.274765, "volume": 19694, "typical_volume": 21963.15, "trend": 87.993886, "fair_value": 74.917594, "relative_strength": -23.894448, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.598023, "energy": 24.04651, "activity_lines": [ 87.065568, 87.30686, 87.569886, 87.659422 ] }, { "date": "2026-02-27", "close": 87.667015, "volume": 38392, "typical_volume": 22693.0, "trend": 87.928511, "fair_value": 75.135244, "relative_strength": -24.099675, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.60328, "energy": 16.112702, "activity_lines": [ 87.313991, 87.331821, 87.597904, 87.638333 ] }, { "date": "2026-03-06", "close": 103.945229, "volume": 124290, "typical_volume": 27653.5, "trend": 88.458043, "fair_value": 75.465581, "relative_strength": -4.30845, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.531597, "energy": 68.418808, "activity_lines": [ 92.936186, 90.312892, 89.166888, 88.67167 ] }, { "date": "2026-03-13", "close": 102.964615, "volume": 27601, "typical_volume": 27990.8, "trend": 88.974501, "fair_value": 75.786058, "relative_strength": -4.314647, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.980748, "energy": 83.046114, "activity_lines": [ 97.041697, 92.848229, 90.540684, 89.607578 ] }, { "date": "2026-03-20", "close": 103.454926, "volume": 13187, "typical_volume": 27386.15, "trend": 89.441928, "fair_value": 76.116826, "relative_strength": 1.535535, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.06891, "energy": 87.039649, "activity_lines": [ 100.238505, 95.191009, 91.884594, 90.541799 ] }, { "date": "2026-03-27", "close": 108.358002, "volume": 37491, "typical_volume": 27806.85, "trend": 89.915892, "fair_value": 76.471876, "relative_strength": 6.538403, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.346934, "energy": 92.880725, "activity_lines": [ 104.004069, 98.145336, 93.623086, 91.762191 ] }, { "date": "2026-04-03", "close": 111.299843, "volume": 17056, "typical_volume": 27378.6, "trend": 90.618666, "fair_value": 76.846975, "relative_strength": 6.055266, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.454956, "energy": 92.823714, "activity_lines": [ 107.344697, 101.272607, 95.539488, 93.1418 ] }, { "date": "2026-04-10", "close": 111.790154, "volume": 30305, "typical_volume": 27813.35, "trend": 91.363934, "fair_value": 77.238323, "relative_strength": 2.094677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.583654, "energy": 90.272057, "activity_lines": [ 109.273241, 104.045075, 97.390049, 94.507703 ] }, { "date": "2026-04-17", "close": 110.221169, "volume": 14876, "typical_volume": 27199.65, "trend": 92.076515, "fair_value": 77.623188, "relative_strength": -1.101849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.967069, "energy": 82.132238, "activity_lines": [ 110.155795, 106.065143, 98.978179, 95.724299 ] }, { "date": "2026-04-24", "close": 108.259941, "volume": 26335, "typical_volume": 27752.45, "trend": 92.730259, "fair_value": 77.988332, "relative_strength": 0.132039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.392225, "energy": 62.48409, "activity_lines": [ 109.900835, 107.304285, 100.279597, 96.768391 ] }, { "date": "2026-05-01", "close": 108.652184, "volume": 14270, "typical_volume": 27464.55, "trend": 93.468989, "fair_value": 78.36433, "relative_strength": 2.247717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.478183, "energy": 56.677427, "activity_lines": [ 109.456289, 108.236761, 101.528714, 97.795612 ] }, { "date": "2026-05-08", "close": 112.378517, "volume": 40706, "typical_volume": 29499.85, "trend": 94.35808, "fair_value": 78.765406, "relative_strength": 5.699651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.251187, "energy": 56.239487, "activity_lines": [ 110.234242, 109.458071, 103.031857, 99.015581 ] }, { "date": "2026-05-15", "close": 116.889351, "volume": 11459, "typical_volume": 30017.5, "trend": 95.502131, "fair_value": 79.178719, "relative_strength": 11.599368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.337968, "energy": 59.666318, "activity_lines": [ 112.443895, 111.050234, 104.845995, 100.469212 ] }, { "date": "2026-05-22", "close": 127.479996, "volume": 32803, "typical_volume": 30623.2, "trend": 96.85538, "fair_value": 79.670642, "relative_strength": 17.811262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.917225, "energy": 69.943632, "activity_lines": [ 117.843816, 114.33262, 107.537083, 102.5323 ] }, { "date": "2026-05-29", "close": 115.0, "volume": 32674, "typical_volume": 30681.2, "trend": 97.746867, "fair_value": 80.08378, "relative_strength": 6.719369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.110782, "energy": 56.067381, "activity_lines": [ 117.93315, 114.900182, 108.849081, 103.70292 ] }, { "date": "2026-06-05", "close": 111.199997, "volume": 3614, "typical_volume": 29951.0, "trend": 98.55745, "fair_value": 80.46649, "relative_strength": 4.011983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.117738, "energy": 56.153845, "activity_lines": [ 116.306479, 114.566924, 109.670885, 104.570864 ] }, { "date": "2026-06-12", "close": 113.0, "volume": 1089, "typical_volume": 28152.3, "trend": 99.401883, "fair_value": 80.868021, "relative_strength": 6.62501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.039952, "energy": 50.283832, "activity_lines": [ 115.109955, 114.509267, 110.555791, 105.502642 ] }, { "date": "2026-06-19", "close": 115.0, "volume": 12662, "typical_volume": 27971.65, "trend": 100.299907, "fair_value": 81.289653, "relative_strength": 6.974161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.808986, "energy": 32.85833, "activity_lines": [ 114.538666, 114.784334, 111.506805, 106.508972 ] }, { "date": "2026-06-26", "close": 115.0, "volume": 678, "typical_volume": 25894.9, "trend": 101.158707, "fair_value": 81.708859, "relative_strength": 8.205662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.216709, "energy": 29.784817, "activity_lines": [ 114.093333, 115.00104, 112.32019, 107.457365 ] }, { "date": "2026-07-03", "close": 115.0, "volume": 1762, "typical_volume": 25047.2, "trend": 102.01097, "fair_value": 82.132919, "relative_strength": 5.744113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.329166, "energy": 33.03385, "activity_lines": [ 114.48, 115.130859, 112.999683, 108.350351 ] }, { "date": "2026-07-10", "close": 117.0, "volume": 5388, "typical_volume": 24331.9, "trend": 102.995274, "fair_value": 82.566159, "relative_strength": 10.14552, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.354915, "energy": 41.734566, "activity_lines": [ 115.533333, 115.501767, 113.73856, 109.317386 ] }, { "date": "2026-07-17", "close": 115.400002, "volume": 6143, "typical_volume": 22719.45, "trend": 103.926244, "fair_value": 83.002492, "relative_strength": 9.790633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.138151, "energy": 38.225171, "activity_lines": [ 115.666667, 115.429988, 114.183508, 110.117691 ] }, { "date": "2026-07-24", "close": 116.599998, "volume": 13191, "typical_volume": 17164.5, "trend": 104.838377, "fair_value": 83.436809, "relative_strength": 9.118698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.704352, "energy": 39.481624, "activity_lines": [ 116.04, 115.521454, 114.61068, 110.935352 ] }, { "date": "2026-07-31", "close": 115.199997, "volume": 6979, "typical_volume": 16133.4, "trend": 105.762681, "fair_value": 83.865792, "relative_strength": 6.231665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.650034, "energy": 34.343196, "activity_lines": [ 115.839999, 115.363636, 114.844257, 111.603844 ] }, { "date": "2026-08-07", "close": 116.0, "volume": 6868, "typical_volume": 15817.45, "trend": 106.694039, "fair_value": 84.304758, "relative_strength": 4.784874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.974473, "energy": 31.639625, "activity_lines": [ 115.893332, 115.574545, 115.095762, 112.264316 ] } ], "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." } } }