{ "ticker": { "uuid": "8edebd77-0c5f-4a70-85a1-5eebc55bcfb2", "symbol": "XD5D", "name": "Xtrackers MSCI EMU UCITS ETF", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.649, "architecture_energy": 69.907, "architecture_maturity": 67.591, "architecture_confidence": 79.728, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 10.13, "rotation_up": 59.62, "upward_expansion": 85.33, "deceleration": 66.54, "rotation_down": 27.51, "downward_expansion": 12.0 }, "activity_lines": [ 106.334, 105.803818, 103.717833, 101.656097 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 108.650002, "trend_reference": 99.433667, "distance_from_trend": 0.092688, "trend_direction": "Improving", "fair_value": 80.057324, "distance_from_fair_value": 0.357153, "fair_value_direction": "Improving", "relative_strength": 5.318279, "relative_strength_direction": "Improving", "price_momentum": 0.122765, "excess_performance": 0.07153, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.092688, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047291, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.357153, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.069393, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.053183, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.024074, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.122765, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.756908, "read": "Supply-led" } ], "volume": { "latest": 2545, "relative_activity": 0.295006, "balance": 0.756908, "dry_up": 1.155507, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.018633, "annualized_volatility": 0.170102, "from_high_reference": -0.000644, "from_low_reference": 0.288391 }, "levels": { "trend_reference": 99.433667, "fair_value_reference": 80.057324, "structural_low": 88.169998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": 0.004952, "positive_rate": 0.609756, "directional_follow_through": 0.609756, "median_excess_return": 0.003588, "regime_survival": 0.780488, "best_return": 0.095892, "worst_return": -0.092621, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.014336, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.007811, "regime_survival": 0.571429, "best_return": 0.09758, "worst_return": -0.052862, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.099484, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.027403, "regime_survival": 0.666667, "best_return": 0.118865, "worst_return": -0.15877, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.128986, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.04989, "regime_survival": 0.25, "best_return": 0.230174, "worst_return": -0.105514, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-13", "end": "2023-10-20", "tenure": "New", "return": -0.027755, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2023-11-24", "tenure": "Developing", "return": 0.088438, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-01", "end": "2023-12-15", "tenure": "New", "return": 0.029755, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-06-21", "tenure": "Extended", "return": 0.103171, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-08-09", "tenure": "Developing", "return": -0.034586, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.016272, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-09-27", "tenure": "Developing", "return": 0.02461, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": -0.023186, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2025-01-17", "tenure": "Developing", "return": 0.06742, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": -0.047776, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-05-09", "tenure": "Developing", "return": 0.131188, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2026-03-13", "tenure": "Extended", "return": 0.104723, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.109362, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.118259, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 60.904999, "volume": 6938, "typical_volume": 4843.2, "trend": 61.1925, "fair_value": 54.072179, "relative_strength": 9.893267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.652369, "energy": 13.040752, "activity_lines": [ 62.215666, 62.410909, 62.256976, 61.822398 ] }, { "date": "2023-08-25", "close": 61.345001, "volume": 37196, "typical_volume": 4860.8, "trend": 61.267833, "fair_value": 54.18734, "relative_strength": 9.12683, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.92006, "energy": 16.715277, "activity_lines": [ 61.774667, 62.214636, 62.189643, 61.832237 ] }, { "date": "2023-09-01", "close": 62.110001, "volume": 892, "typical_volume": 4624.45, "trend": 61.3295, "fair_value": 54.31282, "relative_strength": 8.241618, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.237807, "energy": 15.878373, "activity_lines": [ 61.719667, 62.188455, 62.191762, 61.88657 ] }, { "date": "2023-09-08", "close": 61.445, "volume": 203, "typical_volume": 4487.4, "trend": 61.397, "fair_value": 54.428045, "relative_strength": 6.538793, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.552563, "energy": 14.768343, "activity_lines": [ 61.588334, 62.021455, 62.128024, 61.894022 ] }, { "date": "2023-09-15", "close": 62.224998, "volume": 10719, "typical_volume": 4637.35, "trend": 61.450833, "fair_value": 54.549455, "relative_strength": 4.312933, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.14952, "energy": 10.566578, "activity_lines": [ 61.788666, 62.022182, 62.140357, 61.947441 ] }, { "date": "2023-09-22", "close": 61.09, "volume": 0, "typical_volume": 4477.0, "trend": 61.504667, "fair_value": 54.676042, "relative_strength": 2.47167, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.615278, "energy": 6.02855, "activity_lines": [ 61.616666, 61.792, 62.041881, 61.924161 ] }, { "date": "2023-09-29", "close": 60.575001, "volume": 1870, "typical_volume": 4538.0, "trend": 61.500667, "fair_value": 54.79399, "relative_strength": 2.329012, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.6312, "energy": 25.658534, "activity_lines": [ 61.260667, 61.504636, 61.897, 61.864183 ] }, { "date": "2023-10-06", "close": 59.724998, "volume": 860, "typical_volume": 4542.2, "trend": 61.508667, "fair_value": 54.898045, "relative_strength": 2.131295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.383488, "energy": 49.420341, "activity_lines": [ 60.672666, 61.112454, 61.676286, 61.749624 ] }, { "date": "2023-10-13", "close": 59.630001, "volume": 260, "typical_volume": 4197.55, "trend": 61.590333, "fair_value": 55.002788, "relative_strength": 0.343387, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.274833, "energy": 62.059748, "activity_lines": [ 60.212, 60.786, 61.460167, 61.628419 ] }, { "date": "2023-10-20", "close": 57.974998, "volume": 5997, "typical_volume": 4462.8, "trend": 61.593333, "fair_value": 55.100865, "relative_strength": -0.038603, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.544522, "energy": 83.174197, "activity_lines": [ 59.320666, 60.211181, 61.096666, 61.395172 ] }, { "date": "2023-10-27", "close": 57.950001, "volume": 1637, "typical_volume": 4462.1, "trend": 61.503667, "fair_value": 55.216426, "relative_strength": 1.253532, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.622098, "energy": 86.61658, "activity_lines": [ 58.704333, 59.710727, 60.749476, 61.160118 ] }, { "date": "2023-11-03", "close": 60.389999, "volume": 7379, "typical_volume": 4820.25, "trend": 61.495667, "fair_value": 55.32891, "relative_strength": 3.441511, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.454202, "energy": 73.025371, "activity_lines": [ 59.110666, 59.707636, 60.651785, 61.088269 ] }, { "date": "2023-11-10", "close": 60.400002, "volume": 552, "typical_volume": 4294.25, "trend": 61.456333, "fair_value": 55.422708, "relative_strength": 4.058829, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.339463, "energy": 48.18864, "activity_lines": [ 59.532667, 59.723727, 60.567714, 61.017581 ] }, { "date": "2023-11-17", "close": 62.470001, "volume": 2227, "typical_volume": 4331.45, "trend": 61.478, "fair_value": 55.52617, "relative_strength": 5.331976, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.346212, "energy": 13.80146, "activity_lines": [ 60.599667, 60.147273, 60.683714, 61.082979 ] }, { "date": "2023-11-24", "close": 63.075001, "volume": 5250, "typical_volume": 4429.1, "trend": 61.525333, "fair_value": 55.627211, "relative_strength": 6.320793, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.538401, "energy": 32.919715, "activity_lines": [ 61.679001, 60.662182, 60.859238, 61.186011 ] }, { "date": "2023-12-01", "close": 63.855, "volume": 1802, "typical_volume": 4508.2, "trend": 61.599, "fair_value": 55.733269, "relative_strength": 6.761363, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.992819, "energy": 47.021954, "activity_lines": [ 62.678334, 61.303455, 61.098572, 61.336312 ] }, { "date": "2023-12-08", "close": 65.209999, "volume": 3, "typical_volume": 4474.05, "trend": 61.717667, "fair_value": 55.851747, "relative_strength": 8.34088, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.895547, "energy": 74.403761, "activity_lines": [ 63.735667, 62.140818, 61.463333, 61.56928 ] }, { "date": "2023-12-15", "close": 65.754997, "volume": 6, "typical_volume": 4346.5, "trend": 61.823166, "fair_value": 55.968525, "relative_strength": 8.568528, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.248985, "energy": 94.391208, "activity_lines": [ 64.653332, 62.993, 61.870952, 61.829753 ] }, { "date": "2023-12-22", "close": 65.279999, "volume": 884, "typical_volume": 4297.85, "trend": 61.939833, "fair_value": 56.081731, "relative_strength": 5.764896, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.937834, "energy": 90.206515, "activity_lines": [ 65.055665, 63.649181, 62.226357, 62.052774 ] }, { "date": "2023-12-29", "close": 65.495003, "volume": 340, "typical_volume": 4250.75, "trend": 62.059667, "fair_value": 56.194535, "relative_strength": 5.31168, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.76188, "energy": 89.701655, "activity_lines": [ 65.342333, 64.241727, 62.589095, 62.28214 ] }, { "date": "2024-01-05", "close": 64.754997, "volume": 867, "typical_volume": 3947.2, "trend": 62.166667, "fair_value": 56.295096, "relative_strength": 4.448173, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.712856, "energy": 85.450347, "activity_lines": [ 65.220999, 64.562999, 62.866214, 62.456032 ] }, { "date": "2024-01-12", "close": 64.955002, "volume": 964, "typical_volume": 2135.6, "trend": 62.230167, "fair_value": 56.400336, "relative_strength": 5.391326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.319025, "energy": 67.47892, "activity_lines": [ 65.106333, 64.796909, 63.144048, 62.635925 ] }, { "date": "2024-01-19", "close": 64.489998, "volume": 510, "typical_volume": 2116.5, "trend": 62.346, "fair_value": 56.502275, "relative_strength": 6.628318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.07359, "energy": 54.129352, "activity_lines": [ 64.853666, 64.863272, 63.360404, 62.78172 ] }, { "date": "2024-01-26", "close": 66.764999, "volume": 1641, "typical_volume": 2188.4, "trend": 62.475833, "fair_value": 56.627388, "relative_strength": 7.595779, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.183096, "energy": 65.371387, "activity_lines": [ 65.443666, 65.268908, 63.782095, 63.066817 ] }, { "date": "2024-02-02", "close": 66.705002, "volume": 1426, "typical_volume": 1723.75, "trend": 62.670167, "fair_value": 56.73867, "relative_strength": 7.487593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.236088, "energy": 76.405141, "activity_lines": [ 65.914667, 65.585545, 64.172738, 63.339667 ] }, { "date": "2024-02-09", "close": 67.275002, "volume": 1328, "typical_volume": 1790.15, "trend": 62.8095, "fair_value": 56.850705, "relative_strength": 8.675076, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.175584, "energy": 89.234291, "activity_lines": [ 66.495001, 65.939818, 64.596333, 63.636753 ] }, { "date": "2024-02-16", "close": 68.074997, "volume": 0, "typical_volume": 1696.65, "trend": 62.968333, "fair_value": 56.966634, "relative_strength": 7.665869, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.254406, "energy": 94.977773, "activity_lines": [ 67.174, 66.377363, 65.066666, 63.976462 ] }, { "date": "2024-02-23", "close": 69.305, "volume": 40, "typical_volume": 1655.65, "trend": 63.1355, "fair_value": 57.097756, "relative_strength": 9.31766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.122228, "energy": 96.815448, "activity_lines": [ 68.055, 66.986454, 65.618428, 64.385279 ] }, { "date": "2024-03-01", "close": 69.5, "volume": 1031, "typical_volume": 1694.2, "trend": 63.368167, "fair_value": 57.227724, "relative_strength": 9.603814, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.817969, "energy": 95.867008, "activity_lines": [ 68.68, 67.566454, 66.143143, 64.795892 ] }, { "date": "2024-03-08", "close": 70.360001, "volume": 6171, "typical_volume": 1702.9, "trend": 63.636333, "fair_value": 57.350897, "relative_strength": 10.900524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.186254, "energy": 96.798976, "activity_lines": [ 69.409333, 68.226091, 66.702762, 65.246978 ] }, { "date": "2024-03-15", "close": 70.849998, "volume": 0, "typical_volume": 1621.05, "trend": 63.967833, "fair_value": 57.476314, "relative_strength": 10.342586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.234835, "energy": 95.580832, "activity_lines": [ 70.058333, 68.886363, 67.250071, 65.712376 ] }, { "date": "2024-03-22", "close": 71.650002, "volume": 0, "typical_volume": 1252.1, "trend": 64.311333, "fair_value": 57.605096, "relative_strength": 8.419683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.621736, "energy": 95.53382, "activity_lines": [ 70.735667, 69.581273, 67.812143, 66.208 ] }, { "date": "2024-03-29", "close": 72.404999, "volume": 5, "typical_volume": 1224.75, "trend": 64.6545, "fair_value": 57.732404, "relative_strength": 8.971751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.812934, "energy": 89.873013, "activity_lines": [ 71.426333, 70.291727, 68.3925, 66.730172 ] }, { "date": "2024-04-05", "close": 71.459999, "volume": 48, "typical_volume": 1115.8, "trend": 64.988333, "fair_value": 57.851218, "relative_strength": 7.814262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.552391, "energy": 68.769222, "activity_lines": [ 71.595333, 70.686454, 68.82569, 67.169236 ] }, { "date": "2024-04-12", "close": 70.855003, "volume": 0, "typical_volume": 853.3, "trend": 65.276, "fair_value": 57.961026, "relative_strength": 5.5214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.971022, "energy": 67.731418, "activity_lines": [ 71.432001, 70.885818, 69.158452, 67.547731 ] }, { "date": "2024-04-19", "close": 70.309998, "volume": 0, "typical_volume": 763.2, "trend": 65.583333, "fair_value": 58.068686, "relative_strength": 5.767118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.818805, "energy": 65.349482, "activity_lines": [ 71.054, 70.910636, 69.402262, 67.872505 ] }, { "date": "2024-04-26", "close": 71.934998, "volume": 84, "typical_volume": 767.25, "trend": 65.962, "fair_value": 58.187884, "relative_strength": 4.729018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.268938, "energy": 69.059048, "activity_lines": [ 71.253666, 71.175727, 69.770095, 68.28229 ] }, { "date": "2024-05-03", "close": 71.364998, "volume": 13212, "typical_volume": 1427.55, "trend": 66.35, "fair_value": 58.297083, "relative_strength": 2.788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.918825, "energy": 57.593858, "activity_lines": [ 71.244332, 71.266999, 70.051619, 68.630871 ] }, { "date": "2024-05-10", "close": 73.900002, "volume": 400, "typical_volume": 1403.35, "trend": 66.825666, "fair_value": 58.423782, "relative_strength": 3.467704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.600678, "energy": 72.538938, "activity_lines": [ 72.149333, 71.781727, 70.547857, 69.117968 ] }, { "date": "2024-05-17", "close": 74.105003, "volume": 13251, "typical_volume": 2048.9, "trend": 67.363333, "fair_value": 58.550288, "relative_strength": 3.748663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.618276, "energy": 74.49275, "activity_lines": [ 72.960001, 72.253728, 71.022572, 69.587602 ] }, { "date": "2024-05-24", "close": 73.934998, "volume": 39, "typical_volume": 2007.5, "trend": 67.896167, "fair_value": 58.670737, "relative_strength": 4.601627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.389775, "energy": 79.346169, "activity_lines": [ 73.497333, 72.626727, 71.440095, 70.011581 ] }, { "date": "2024-05-31", "close": 73.235001, "volume": 252, "typical_volume": 1971.9, "trend": 68.324333, "fair_value": 58.78484, "relative_strength": 3.971924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.174326, "energy": 80.775251, "activity_lines": [ 73.559667, 72.816364, 71.747238, 70.356021 ] }, { "date": "2024-06-07", "close": 74.099998, "volume": 65, "typical_volume": 1949.65, "trend": 68.781, "fair_value": 58.900801, "relative_strength": 5.380691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.997487, "energy": 76.932264, "activity_lines": [ 73.823666, 73.134454, 72.097333, 70.728645 ] }, { "date": "2024-06-14", "close": 71.144997, "volume": 366, "typical_volume": 1885.9, "trend": 69.070166, "fair_value": 59.002115, "relative_strength": 2.290135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.53787, "energy": 52.053496, "activity_lines": [ 72.920332, 72.884454, 72.120238, 70.881161 ] }, { "date": "2024-06-21", "close": 72.014999, "volume": 1388, "typical_volume": 1884.0, "trend": 69.368166, "fair_value": 59.103846, "relative_strength": 2.269497, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.846361, "energy": 34.029914, "activity_lines": [ 72.490665, 72.798363, 72.205142, 71.07115 ] }, { "date": "2024-06-28", "close": 71.559998, "volume": 700, "typical_volume": 1852.6, "trend": 69.625, "fair_value": 59.205128, "relative_strength": 2.443245, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.423654, "energy": 25.050365, "activity_lines": [ 72.048665, 72.608453, 72.221428, 71.212559 ] }, { "date": "2024-07-05", "close": 72.955002, "volume": 0, "typical_volume": 1852.6, "trend": 69.883166, "fair_value": 59.315865, "relative_strength": 3.815975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.283883, "energy": 28.601899, "activity_lines": [ 72.229999, 72.649454, 72.350166, 71.427397 ] }, { "date": "2024-07-12", "close": 74.105003, "volume": 0, "typical_volume": 1850.6, "trend": 70.1615, "fair_value": 59.437051, "relative_strength": 4.710539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.845939, "energy": 35.184128, "activity_lines": [ 72.813334, 72.881, 72.56519, 71.699774 ] }, { "date": "2024-07-19", "close": 71.330002, "volume": 694, "typical_volume": 1833.75, "trend": 70.363167, "fair_value": 59.533333, "relative_strength": 1.879861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.444901, "energy": 18.11718, "activity_lines": [ 72.471335, 72.558182, 72.493072, 71.775161 ] }, { "date": "2024-07-26", "close": 71.705002, "volume": 24604, "typical_volume": 2755.4, "trend": 70.570167, "fair_value": 59.632436, "relative_strength": 0.741232, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.1365, "energy": 14.329502, "activity_lines": [ 72.242002, 72.350273, 72.447953, 71.861731 ] }, { "date": "2024-08-02", "close": 68.669998, "volume": 0, "typical_volume": 2755.4, "trend": 70.700667, "fair_value": 59.704711, "relative_strength": -2.242357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.848471, "energy": 22.050712, "activity_lines": [ 71.021667, 71.634182, 72.107381, 71.73914 ] }, { "date": "2024-08-09", "close": 69.084999, "volume": 1449, "typical_volume": 2827.85, "trend": 70.838333, "fair_value": 59.774904, "relative_strength": -1.610843, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.11889, "energy": 50.823536, "activity_lines": [ 70.132333, 71.089273, 71.816714, 71.634903 ] }, { "date": "2024-08-16", "close": 71.290001, "volume": 2282, "typical_volume": 2941.7, "trend": 71.065, "fair_value": 59.866282, "relative_strength": -0.263667, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.772683, "energy": 45.90245, "activity_lines": [ 70.236, 71.020728, 71.748262, 71.664043 ] }, { "date": "2024-08-23", "close": 72.449997, "volume": 1403, "typical_volume": 3009.45, "trend": 71.2545, "fair_value": 59.961699, "relative_strength": 1.082617, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.060631, "energy": 25.015097, "activity_lines": [ 70.913999, 71.214182, 71.795595, 71.753398 ] }, { "date": "2024-08-30", "close": 73.345001, "volume": 0, "typical_volume": 3009.45, "trend": 71.475833, "fair_value": 60.061827, "relative_strength": 1.636339, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.246679, "energy": 19.662969, "activity_lines": [ 71.815666, 71.546636, 71.923452, 71.888269 ] }, { "date": "2024-09-06", "close": 70.57, "volume": 1896, "typical_volume": 3104.25, "trend": 71.585666, "fair_value": 60.147243, "relative_strength": 0.031573, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.233546, "energy": 13.678292, "activity_lines": [ 71.683, 71.350364, 71.775167, 71.829828 ] }, { "date": "2024-09-13", "close": 72.129997, "volume": 1213, "typical_volume": 3160.7, "trend": 71.720833, "fair_value": 60.246731, "relative_strength": 0.964581, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.368306, "energy": 14.82018, "activity_lines": [ 71.943666, 71.455727, 71.774214, 71.864946 ] }, { "date": "2024-09-20", "close": 72.379997, "volume": 0, "typical_volume": 2500.1, "trend": 71.823333, "fair_value": 60.345256, "relative_strength": 1.653967, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.555509, "energy": 13.635702, "activity_lines": [ 72.084665, 71.621544, 71.796142, 71.907473 ] }, { "date": "2024-09-27", "close": 75.150002, "volume": 0, "typical_volume": 2480.1, "trend": 72.011666, "fair_value": 60.471795, "relative_strength": 4.144932, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.612024, "energy": 47.972562, "activity_lines": [ 73.076333, 72.322363, 72.077047, 72.122096 ] }, { "date": "2024-10-04", "close": 73.535004, "volume": 210, "typical_volume": 1828.05, "trend": 72.1175, "fair_value": 60.584135, "relative_strength": 2.19503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.928852, "energy": 47.879907, "activity_lines": [ 73.349668, 72.660091, 72.198191, 72.220376 ] }, { "date": "2024-10-11", "close": 74.074997, "volume": 1323, "typical_volume": 1892.25, "trend": 72.225, "fair_value": 60.691538, "relative_strength": 3.02374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.654748, "energy": 60.445595, "activity_lines": [ 73.790333, 73.062727, 72.373476, 72.346666 ] }, { "date": "2024-10-18", "close": 74.245003, "volume": 0, "typical_volume": 1879.65, "trend": 72.3115, "fair_value": 60.798237, "relative_strength": 1.732008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.994748, "energy": 65.773716, "activity_lines": [ 74.054001, 73.398, 72.564286, 72.476989 ] }, { "date": "2024-10-25", "close": 73.389999, "volume": 7074, "typical_volume": 2230.1, "trend": 72.344333, "fair_value": 60.896474, "relative_strength": 1.682791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.776726, "energy": 48.763547, "activity_lines": [ 73.891667, 73.484, 72.668857, 72.54657 ] }, { "date": "2024-11-01", "close": 72.620003, "volume": 0, "typical_volume": 2211.8, "trend": 72.383, "fair_value": 60.980609, "relative_strength": 1.33226, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.44794, "energy": 30.271148, "activity_lines": [ 73.405335, 73.391819, 72.703476, 72.564355 ] }, { "date": "2024-11-08", "close": 71.830002, "volume": 8525, "typical_volume": 2568.65, "trend": 72.4155, "fair_value": 61.058397, "relative_strength": 1.377132, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.864553, "energy": 13.419069, "activity_lines": [ 72.824335, 73.15291, 72.655834, 72.528678 ] }, { "date": "2024-11-15", "close": 71.714996, "volume": 0, "typical_volume": 2533.65, "trend": 72.462333, "fair_value": 61.136154, "relative_strength": 1.19909, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -4.036022, "energy": 14.86167, "activity_lines": [ 72.318667, 72.920637, 72.598119, 72.483484 ] }, { "date": "2024-11-22", "close": 71.760002, "volume": 3537, "typical_volume": 2710.5, "trend": 72.4565, "fair_value": 61.234295, "relative_strength": -1.226935, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.478704, "energy": 22.27276, "activity_lines": [ 71.985334, 72.675728, 72.543953, 72.438172 ] }, { "date": "2024-11-29", "close": 72.095001, "volume": 1290, "typical_volume": 2775.0, "trend": 72.480833, "fair_value": 61.33625, "relative_strength": -1.11488, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.878804, "energy": 23.351116, "activity_lines": [ 71.929334, 72.498455, 72.527381, 72.41485 ] }, { "date": "2024-12-06", "close": 74.279999, "volume": 446, "typical_volume": 2762.6, "trend": 72.4935, "fair_value": 61.441891, "relative_strength": 1.552454, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.782602, "energy": 16.213682, "activity_lines": [ 72.688, 72.723637, 72.728476, 72.530925 ] }, { "date": "2024-12-13", "close": 74.084999, "volume": 103903, "typical_volume": 6727.55, "trend": 72.492833, "fair_value": 61.549295, "relative_strength": 1.332539, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.651558, "energy": 33.904758, "activity_lines": [ 73.271, 72.929182, 72.896952, 72.633602 ] }, { "date": "2024-12-20", "close": 72.650002, "volume": 4476, "typical_volume": 6951.35, "trend": 72.45, "fair_value": 61.639103, "relative_strength": 1.908504, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.990099, "energy": 25.688281, "activity_lines": [ 73.225334, 72.863819, 72.917429, 72.643742 ] }, { "date": "2024-12-27", "close": 73.059998, "volume": 0, "typical_volume": 6878.9, "trend": 72.444167, "fair_value": 61.728718, "relative_strength": 1.554033, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.031624, "energy": 32.273058, "activity_lines": [ 73.254, 72.898909, 72.958, 72.683097 ] }, { "date": "2025-01-03", "close": 72.894997, "volume": 0, "typical_volume": 6764.8, "trend": 72.404, "fair_value": 61.816474, "relative_strength": 0.31377, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.804598, "energy": 31.481929, "activity_lines": [ 73.140999, 72.925545, 72.963928, 72.712183 ] }, { "date": "2025-01-10", "close": 74.224998, "volume": 1345, "typical_volume": 6761.9, "trend": 72.506667, "fair_value": 61.915385, "relative_strength": 1.73441, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.382466, "energy": 30.750909, "activity_lines": [ 73.417998, 73.202999, 73.088881, 72.829666 ] }, { "date": "2025-01-17", "close": 76.550003, "volume": 11057, "typical_volume": 7314.75, "trend": 72.657833, "fair_value": 62.035192, "relative_strength": 1.675334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 82.387337, "energy": 70.376952, "activity_lines": [ 74.473666, 73.874, 73.426809, 73.090527 ] }, { "date": "2025-01-24", "close": 77.550003, "volume": 198, "typical_volume": 7229.85, "trend": 72.8575, "fair_value": 62.169423, "relative_strength": 2.953272, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.891181, "energy": 86.53318, "activity_lines": [ 75.698334, 74.641, 73.844715, 73.406151 ] }, { "date": "2025-01-31", "close": 78.57, "volume": 8002, "typical_volume": 7569.3, "trend": 73.044667, "fair_value": 62.311859, "relative_strength": 2.177541, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.055214, "energy": 95.222317, "activity_lines": [ 76.936334, 75.487364, 74.326524, 73.774699 ] }, { "date": "2025-02-07", "close": 78.995003, "volume": 15983, "typical_volume": 8368.45, "trend": 73.207667, "fair_value": 62.451859, "relative_strength": 2.373961, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.195986, "energy": 93.944887, "activity_lines": [ 77.948669, 76.287183, 74.818143, 74.158592 ] }, { "date": "2025-02-14", "close": 81.440002, "volume": 24675, "typical_volume": 9602.2, "trend": 73.544667, "fair_value": 62.614006, "relative_strength": 5.04225, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.02431, "energy": 97.54872, "activity_lines": [ 79.369335, 77.406092, 75.51112, 74.68971 ] }, { "date": "2025-02-21", "close": 81.230003, "volume": 12728, "typical_volume": 10228.1, "trend": 73.862167, "fair_value": 62.784968, "relative_strength": 5.567281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.247992, "energy": 94.089952, "activity_lines": [ 80.239002, 78.356638, 76.154144, 75.185538 ] }, { "date": "2025-02-28", "close": 81.264999, "volume": 26855, "typical_volume": 11504.7, "trend": 74.282, "fair_value": 62.990208, "relative_strength": 3.770967, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.679142, "energy": 90.688991, "activity_lines": [ 80.808335, 79.183638, 76.763858, 75.66314 ] }, { "date": "2025-03-07", "close": 81.870003, "volume": 11196, "typical_volume": 12064.5, "trend": 74.708167, "fair_value": 63.18867, "relative_strength": 6.050345, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.951689, "energy": 89.808164, "activity_lines": [ 81.331668, 79.964002, 77.396953, 76.152689 ] }, { "date": "2025-03-14", "close": 81.190002, "volume": 12916, "typical_volume": 12356.6, "trend": 75.038167, "fair_value": 63.365112, "relative_strength": 5.695341, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.766675, "energy": 67.050868, "activity_lines": [ 81.408335, 80.460547, 77.928977, 76.570872 ] }, { "date": "2025-03-21", "close": 81.540001, "volume": 2223, "typical_volume": 12467.75, "trend": 75.341167, "fair_value": 63.545561, "relative_strength": 5.882405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.498981, "energy": 66.305182, "activity_lines": [ 81.455335, 80.869911, 78.457192, 76.990345 ] }, { "date": "2025-03-28", "close": 80.129997, "volume": 16067, "typical_volume": 12844.85, "trend": 75.567334, "fair_value": 63.712452, "relative_strength": 3.87253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.913091, "energy": 59.737052, "activity_lines": [ 81.025667, 80.88991, 78.808644, 77.299302 ] }, { "date": "2025-04-04", "close": 73.845001, "volume": 39621, "typical_volume": 14825.9, "trend": 75.6765, "fair_value": 63.843317, "relative_strength": 2.872075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.848199, "energy": 17.3259, "activity_lines": [ 78.574334, 79.702092, 78.522001, 77.188183 ] }, { "date": "2025-04-11", "close": 72.720001, "volume": 98751, "typical_volume": 19586.6, "trend": 75.696167, "fair_value": 63.966715, "relative_strength": 2.400368, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.182981, "energy": 26.68158, "activity_lines": [ 76.242667, 78.377092, 78.118072, 76.997442 ] }, { "date": "2025-04-18", "close": 75.595001, "volume": 475, "typical_volume": 19545.85, "trend": 75.803334, "fair_value": 64.109279, "relative_strength": 2.391242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.1746, "energy": 35.124038, "activity_lines": [ 75.479334, 77.681183, 77.983382, 76.990915 ] }, { "date": "2025-04-25", "close": 78.879997, "volume": 3526, "typical_volume": 19699.85, "trend": 75.927667, "fair_value": 64.27492, "relative_strength": 4.947068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.560473, "energy": 28.997113, "activity_lines": [ 76.183999, 77.644364, 78.144881, 77.189409 ] }, { "date": "2025-05-02", "close": 81.385002, "volume": 2187, "typical_volume": 14614.05, "trend": 76.189334, "fair_value": 64.468542, "relative_strength": 5.821355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.852066, "energy": 20.831654, "activity_lines": [ 77.901, 78.109546, 78.523048, 77.541495 ] }, { "date": "2025-05-09", "close": 82.260002, "volume": 2876, "typical_volume": 14534.05, "trend": 76.462167, "fair_value": 64.663125, "relative_strength": 7.282429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.02772, "energy": 40.908705, "activity_lines": [ 79.826001, 78.731001, 78.949787, 77.933151 ] }, { "date": "2025-05-16", "close": 84.269997, "volume": 26455, "typical_volume": 15856.8, "trend": 76.796334, "fair_value": 64.872676, "relative_strength": 8.051958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.696886, "energy": 71.323505, "activity_lines": [ 81.86, 79.699818, 79.522191, 78.436882 ] }, { "date": "2025-05-23", "close": 83.375, "volume": 31707, "typical_volume": 17442.15, "trend": 77.129167, "fair_value": 65.062772, "relative_strength": 6.341196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.555385, "energy": 78.549835, "activity_lines": [ 82.825666, 80.462273, 79.955977, 78.861312 ] }, { "date": "2025-05-30", "close": 84.290001, "volume": 22688, "typical_volume": 18509.3, "trend": 77.518167, "fair_value": 65.262804, "relative_strength": 6.668465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.923062, "energy": 81.612545, "activity_lines": [ 83.577667, 81.351364, 80.427, 79.323302 ] }, { "date": "2025-06-06", "close": 85.074997, "volume": 38919, "typical_volume": 19902.4, "trend": 77.959667, "fair_value": 65.48008, "relative_strength": 6.718303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.857472, "energy": 82.775594, "activity_lines": [ 84.230666, 82.333181, 80.924857, 79.810839 ] }, { "date": "2025-06-13", "close": 83.245003, "volume": 36306, "typical_volume": 21707.8, "trend": 78.344, "fair_value": 65.699776, "relative_strength": 4.123568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.438687, "energy": 65.154254, "activity_lines": [ 84.027667, 82.892364, 81.207834, 80.151828 ] }, { "date": "2025-06-20", "close": 82.364998, "volume": 720, "typical_volume": 21343.7, "trend": 78.6975, "fair_value": 65.907404, "relative_strength": 3.771588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.744797, "energy": 47.809015, "activity_lines": [ 83.465666, 83.120636, 81.379881, 80.411248 ] }, { "date": "2025-06-27", "close": 84.035004, "volume": 1217, "typical_volume": 20605.4, "trend": 79.0955, "fair_value": 66.132724, "relative_strength": 5.408418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.707837, "energy": 45.593602, "activity_lines": [ 83.587334, 83.477182, 81.692905, 80.755603 ] }, { "date": "2025-07-04", "close": 83.809998, "volume": 5693, "typical_volume": 19656.3, "trend": 79.413167, "fair_value": 66.350705, "relative_strength": 4.705453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.392113, "energy": 39.264171, "activity_lines": [ 83.59, 83.639364, 81.9605, 81.059764 ] }, { "date": "2025-07-11", "close": 85.004997, "volume": 112, "typical_volume": 19025.5, "trend": 79.777167, "fair_value": 66.579135, "relative_strength": 4.677325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.353322, "energy": 52.198636, "activity_lines": [ 84.022999, 83.929181, 82.330619, 81.420527 ] }, { "date": "2025-07-18", "close": 84.910004, "volume": 11000, "typical_volume": 18232.75, "trend": 80.185834, "fair_value": 66.796538, "relative_strength": 3.814175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.470897, "energy": 74.042474, "activity_lines": [ 84.429001, 84.135909, 82.673714, 81.751678 ] }, { "date": "2025-07-25", "close": 85.264999, "volume": 1195, "typical_volume": 17732.7, "trend": 80.592667, "fair_value": 67.006667, "relative_strength": 2.632055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.481932, "energy": 80.963264, "activity_lines": [ 84.842333, 84.359, 83.033262, 82.079366 ] }, { "date": "2025-08-01", "close": 82.75, "volume": 73, "typical_volume": 17090.55, "trend": 80.921167, "fair_value": 67.200192, "relative_strength": 0.019641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.309994, "energy": 55.599308, "activity_lines": [ 84.224, 84.106727, 83.137119, 82.218549 ] }, { "date": "2025-08-08", "close": 85.514999, "volume": 12232, "typical_volume": 17591.0, "trend": 81.297501, "fair_value": 67.405865, "relative_strength": 2.849108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.560326, "energy": 52.317818, "activity_lines": [ 84.613, 84.368545, 83.496881, 82.514925 ] }, { "date": "2025-08-15", "close": 87.004997, "volume": 1635, "typical_volume": 16869.4, "trend": 81.646, "fair_value": 67.625673, "relative_strength": 3.940306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.211977, "energy": 60.897926, "activity_lines": [ 85.384999, 84.878999, 83.979619, 82.88315 ] }, { "date": "2025-08-22", "close": 87.695, "volume": 5010, "typical_volume": 15138.85, "trend": 81.984167, "fair_value": 67.860994, "relative_strength": 2.560984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.429598, "energy": 66.280355, "activity_lines": [ 86.253666, 85.479818, 84.495333, 83.273408 ] }, { "date": "2025-08-29", "close": 85.525002, "volume": 2888, "typical_volume": 10345.7, "trend": 82.216, "fair_value": 68.086571, "relative_strength": 1.365557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.144079, "energy": 71.810071, "activity_lines": [ 86.213333, 85.605182, 84.738428, 83.501849 ] }, { "date": "2025-09-05", "close": 84.919998, "volume": 534, "typical_volume": 10348.65, "trend": 82.4135, "fair_value": 68.305224, "relative_strength": 0.29474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.766514, "energy": 56.40641, "activity_lines": [ 85.953999, 85.56309, 84.862928, 83.676301 ] }, { "date": "2025-09-12", "close": 86.349998, "volume": 26918, "typical_volume": 11518.25, "trend": 82.577167, "fair_value": 68.540705, "relative_strength": 1.03542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.219341, "energy": 50.131473, "activity_lines": [ 86.026666, 85.764908, 85.079214, 83.930269 ] }, { "date": "2025-09-19", "close": 86.980003, "volume": 1516, "typical_volume": 11484.7, "trend": 82.768833, "fair_value": 68.794455, "relative_strength": 2.37057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.880991, "energy": 46.499414, "activity_lines": [ 86.253667, 86.035091, 85.319928, 84.214322 ] }, { "date": "2025-09-26", "close": 87.459999, "volume": 710, "typical_volume": 11376.4, "trend": 82.975333, "fair_value": 69.053974, "relative_strength": 2.097854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.255668, "energy": 51.514053, "activity_lines": [ 86.642333, 86.356636, 85.579714, 84.516978 ] }, { "date": "2025-10-03", "close": 89.864998, "volume": 273, "typical_volume": 10067.3, "trend": 83.241833, "fair_value": 69.324343, "relative_strength": 2.497398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.585643, "energy": 78.111189, "activity_lines": [ 87.848333, 87.06909, 86.043785, 84.961473 ] }, { "date": "2025-10-10", "close": 88.544998, "volume": 28, "typical_volume": 8483.35, "trend": 83.487, "fair_value": 69.585465, "relative_strength": 1.587015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.352349, "energy": 79.192515, "activity_lines": [ 88.324999, 87.457908, 86.355499, 85.303612 ] }, { "date": "2025-10-17", "close": 89.339996, "volume": 89, "typical_volume": 7353.4, "trend": 83.747, "fair_value": 69.844583, "relative_strength": 3.154645, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.069275, "energy": 82.236435, "activity_lines": [ 88.824998, 87.885908, 86.718309, 85.681225 ] }, { "date": "2025-10-24", "close": 90.4226, "volume": 0, "typical_volume": 5407.45, "trend": 84.090086, "fair_value": 70.098446, "relative_strength": 1.154532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.265314, "energy": 87.230659, "activity_lines": [ 89.486532, 88.441199, 87.160175, 86.111909 ] }, { "date": "2025-10-31", "close": 90.309998, "volume": 59514, "typical_volume": 6567.85, "trend": 84.63892, "fair_value": 70.34601, "relative_strength": 0.197257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.344198, "energy": 85.204451, "activity_lines": [ 89.881025, 88.913879, 87.565853, 86.513194 ] }, { "date": "2025-11-07", "close": 88.834999, "volume": 33982, "typical_volume": 8230.95, "trend": 85.176086, "fair_value": 70.567869, "relative_strength": -1.142677, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.276165, "energy": 66.883249, "activity_lines": [ 89.593852, 89.070831, 87.797412, 86.783908 ] }, { "date": "2025-11-14", "close": 90.800003, "volume": 14152, "typical_volume": 8877.7, "trend": 85.68292, "fair_value": 70.798606, "relative_strength": 0.781517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.601716, "energy": 64.689581, "activity_lines": [ 90.030347, 89.524876, 88.185305, 87.146742 ] }, { "date": "2025-11-21", "close": 88.199997, "volume": 4911, "typical_volume": 8838.6, "trend": 85.993586, "fair_value": 71.007965, "relative_strength": -0.591002, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.845646, "energy": 46.052805, "activity_lines": [ 89.449839, 89.399283, 88.293364, 87.309134 ] }, { "date": "2025-11-28", "close": 90.760002, "volume": 545, "typical_volume": 8860.25, "trend": 86.306086, "fair_value": 71.232292, "relative_strength": 0.259525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.15639, "energy": 48.86382, "activity_lines": [ 89.798667, 89.705509, 88.624328, 87.616645 ] }, { "date": "2025-12-05", "close": 91.574997, "volume": 20097, "typical_volume": 9315.1, "trend": 86.616586, "fair_value": 71.46476, "relative_strength": 1.607876, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.298316, "energy": 56.548665, "activity_lines": [ 90.396666, 90.091188, 89.005506, 87.956574 ] }, { "date": "2025-12-12", "close": 91.644997, "volume": 60, "typical_volume": 9258.35, "trend": 86.862419, "fair_value": 71.709247, "relative_strength": 1.755118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.544882, "energy": 56.834285, "activity_lines": [ 90.933665, 90.414777, 89.361612, 88.280988 ] }, { "date": "2025-12-19", "close": 92.605003, "volume": 42912, "typical_volume": 11400.3, "trend": 87.170086, "fair_value": 71.957549, "relative_strength": 0.164063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.424683, "energy": 83.496714, "activity_lines": [ 91.603333, 90.880549, 89.778767, 88.651477 ] }, { "date": "2025-12-26", "close": 92.495003, "volume": 409, "typical_volume": 10809.15, "trend": 87.443586, "fair_value": 72.204856, "relative_strength": 0.231922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.510369, "energy": 84.178016, "activity_lines": [ 92.116001, 91.252502, 90.138517, 88.99502 ] }, { "date": "2026-01-02", "close": 93.915001, "volume": 5491, "typical_volume": 11001.95, "trend": 87.738253, "fair_value": 72.443414, "relative_strength": 0.829405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.070783, "energy": 91.670308, "activity_lines": [ 92.815668, 91.825273, 90.600266, 89.412531 ] }, { "date": "2026-01-09", "close": 96.220001, "volume": 9983, "typical_volume": 11250.6, "trend": 88.170753, "fair_value": 72.685561, "relative_strength": 1.428606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.839225, "energy": 96.195201, "activity_lines": [ 94.073335, 92.753637, 91.248635, 89.95974 ] }, { "date": "2026-01-16", "close": 96.605003, "volume": 2484, "typical_volume": 11230.4, "trend": 88.64542, "fair_value": 72.9321, "relative_strength": 0.642573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.738717, "energy": 95.600111, "activity_lines": [ 95.149669, 93.644547, 91.893075, 90.503886 ] }, { "date": "2026-01-23", "close": 95.400002, "volume": 1594, "typical_volume": 11283.4, "trend": 89.024253, "fair_value": 73.164888, "relative_strength": 0.229253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.20449, "energy": 87.50921, "activity_lines": [ 95.493669, 94.175092, 92.369992, 90.939665 ] }, { "date": "2026-01-30", "close": 95.709999, "volume": 4358, "typical_volume": 10155.4, "trend": 89.42092, "fair_value": 73.392132, "relative_strength": -0.294939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.758643, "energy": 83.428398, "activity_lines": [ 95.754668, 94.678365, 92.826527, 91.371004 ] }, { "date": "2026-02-06", "close": 96.769997, "volume": 7038, "typical_volume": 10431.5, "trend": 89.813086, "fair_value": 73.631555, "relative_strength": -0.664319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.268653, "energy": 77.18785, "activity_lines": [ 96.154666, 95.237819, 93.339443, 91.845138 ] }, { "date": "2026-02-13", "close": 96.764999, "volume": 50, "typical_volume": 10398.5, "trend": 90.208253, "fair_value": 73.863318, "relative_strength": -1.385079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.632653, "energy": 68.850995, "activity_lines": [ 96.362666, 95.687091, 93.805264, 92.293648 ] }, { "date": "2026-02-20", "close": 99.059998, "volume": 2092, "typical_volume": 10489.45, "trend": 90.668086, "fair_value": 74.117068, "relative_strength": -1.295603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.13199, "energy": 91.510883, "activity_lines": [ 97.299332, 96.459272, 94.445347, 92.864728 ] }, { "date": "2026-02-27", "close": 99.474998, "volume": 281, "typical_volume": 10502.1, "trend": 91.225586, "fair_value": 74.365658, "relative_strength": -2.89298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.549226, "energy": 95.475473, "activity_lines": [ 98.210665, 97.17209, 95.081167, 93.432916 ] }, { "date": "2026-03-06", "close": 92.970001, "volume": 3152, "typical_volume": 10655.25, "trend": 91.474086, "fair_value": 74.580305, "relative_strength": -3.643358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.012914, "energy": 55.532995, "activity_lines": [ 96.681999, 96.577272, 95.045417, 93.545459 ] }, { "date": "2026-03-13", "close": 93.095001, "volume": 3183, "typical_volume": 10814.4, "trend": 91.677086, "fair_value": 74.810529, "relative_strength": -3.225868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.51901, "energy": 31.753093, "activity_lines": [ 95.377667, 95.996545, 95.004286, 93.650034 ] }, { "date": "2026-03-20", "close": 89.885002, "volume": 10187, "typical_volume": 8348.05, "trend": 91.750086, "fair_value": 75.015658, "relative_strength": -3.259432, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -6.869593, "energy": 24.683699, "activity_lines": [ 93.248334, 94.847091, 94.644714, 93.534416 ] }, { "date": "2026-03-27", "close": 90.169998, "volume": 15438, "typical_volume": 7420.85, "trend": 91.90492, "fair_value": 75.204953, "relative_strength": -3.389599, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.517057, "energy": 44.672598, "activity_lines": [ 91.672667, 93.864636, 94.314309, 93.432475 ] }, { "date": "2026-04-03", "close": 93.400002, "volume": 58, "typical_volume": 6716.15, "trend": 92.187586, "fair_value": 75.415017, "relative_strength": -4.38223, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.404237, "energy": 36.179543, "activity_lines": [ 91.766334, 93.586455, 94.285167, 93.528932 ] }, { "date": "2026-04-10", "close": 97.739998, "volume": 3178, "typical_volume": 6629.5, "trend": 92.567253, "fair_value": 75.646811, "relative_strength": -1.507213, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 29.098233, "energy": 23.412979, "activity_lines": [ 93.711666, 94.133727, 94.656976, 93.887152 ] }, { "date": "2026-04-17", "close": 99.714996, "volume": 12880, "typical_volume": 7246.25, "trend": 92.991753, "fair_value": 75.889728, "relative_strength": -0.192694, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 59.677939, "energy": 37.195489, "activity_lines": [ 95.997332, 95.003181, 95.171452, 94.348296 ] }, { "date": "2026-04-24", "close": 97.160004, "volume": 42557, "typical_volume": 8369.25, "trend": 93.315086, "fair_value": 76.117324, "relative_strength": -0.044347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.853567, "energy": 42.558316, "activity_lines": [ 96.99, 95.354545, 95.399952, 94.617216 ] }, { "date": "2026-05-01", "close": 97.864998, "volume": 3483, "typical_volume": 8540.4, "trend": 93.581753, "fair_value": 76.349504, "relative_strength": 0.833651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.392101, "energy": 50.317854, "activity_lines": [ 97.732666, 95.826909, 95.669, 94.910759 ] }, { "date": "2026-05-08", "close": 98.625, "volume": 14, "typical_volume": 6395.5, "trend": 93.917753, "fair_value": 76.586523, "relative_strength": 2.910896, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.048512, "energy": 67.894137, "activity_lines": [ 98.215666, 96.459182, 95.980809, 95.236129 ] }, { "date": "2026-05-15", "close": 97.879997, "volume": 7453, "typical_volume": 6747.7, "trend": 94.20242, "fair_value": 76.812741, "relative_strength": 2.532855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.150011, "energy": 52.572265, "activity_lines": [ 98.101999, 96.971454, 96.192999, 95.491758 ] }, { "date": "2026-05-22", "close": 101.120003, "volume": 13299, "typical_volume": 7138.1, "trend": 94.559, "fair_value": 77.06492, "relative_strength": 3.16442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.348456, "energy": 57.911373, "activity_lines": [ 99.059, 97.983545, 96.688119, 95.938054 ] }, { "date": "2026-05-29", "close": 101.849998, "volume": 1001, "typical_volume": 6689.0, "trend": 94.943667, "fair_value": 77.32101, "relative_strength": 4.440427, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.284048, "energy": 64.245797, "activity_lines": [ 100.165666, 98.982454, 97.218452, 96.408441 ] }, { "date": "2026-06-05", "close": 101.790001, "volume": 28401, "typical_volume": 7984.85, "trend": 95.3755, "fair_value": 77.578991, "relative_strength": 4.752511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.665949, "energy": 75.796733, "activity_lines": [ 100.939667, 99.752909, 97.716262, 96.85014 ] }, { "date": "2026-06-12", "close": 103.870003, "volume": 1007, "typical_volume": 7955.5, "trend": 95.811167, "fair_value": 77.840658, "relative_strength": 5.724111, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.989738, "energy": 87.489495, "activity_lines": [ 102.145334, 100.690273, 98.387476, 97.398172 ] }, { "date": "2026-06-19", "close": 105.68, "volume": 0, "typical_volume": 7737.6, "trend": 96.393833, "fair_value": 78.126972, "relative_strength": 8.511209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.031843, "energy": 93.313792, "activity_lines": [ 103.604668, 101.766364, 99.190738, 98.034871 ] }, { "date": "2026-06-26", "close": 104.419998, "volume": 1260, "typical_volume": 7448.7, "trend": 96.849167, "fair_value": 78.393318, "relative_strength": 5.657436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.37556, "energy": 88.654419, "activity_lines": [ 104.124, 102.469, 99.826524, 98.552688 ] }, { "date": "2026-07-03", "close": 107.279999, "volume": 2449, "typical_volume": 7568.65, "trend": 97.372667, "fair_value": 78.690786, "relative_strength": 6.69385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.247535, "energy": 94.842725, "activity_lines": [ 105.376666, 103.606091, 100.698262, 99.225645 ] }, { "date": "2026-07-10", "close": 105.019997, "volume": 187, "typical_volume": 7473.4, "trend": 97.8185, "fair_value": 78.959536, "relative_strength": 6.146276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.8631, "energy": 86.498291, "activity_lines": [ 105.513999, 104.148272, 101.30469, 99.719021 ] }, { "date": "2026-07-17", "close": 104.160004, "volume": 16732, "typical_volume": 8295.95, "trend": 98.203667, "fair_value": 79.221395, "relative_strength": 4.171652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.644272, "energy": 70.813062, "activity_lines": [ 105.149333, 104.404, 101.800833, 100.12815 ] }, { "date": "2026-07-24", "close": 105.099998, "volume": 10672, "typical_volume": 8671.95, "trend": 98.623833, "fair_value": 79.482997, "relative_strength": 3.68912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.398062, "energy": 63.879754, "activity_lines": [ 105.078666, 104.73, 102.36419, 100.573075 ] }, { "date": "2026-07-31", "close": 105.779999, "volume": 9925, "typical_volume": 9009.05, "trend": 99.019333, "fair_value": 79.760305, "relative_strength": 2.965883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.278265, "energy": 60.364817, "activity_lines": [ 105.273333, 105.048363, 102.934547, 101.034763 ] }, { "date": "2026-08-07", "close": 108.650002, "volume": 2545, "typical_volume": 8626.95, "trend": 99.433667, "fair_value": 80.057324, "relative_strength": 5.318279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.64862, "energy": 69.907252, "activity_lines": [ 106.334, 105.803818, 103.717833, 101.656097 ] } ], "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." } } }