{ "ticker": { "uuid": "930ac53e-00d7-4c39-8f31-08bd491cf6f8", "symbol": "S6EW", "name": "Ossiam STOXX Europe 600 ESG Equal Weight NR UCITS ETF 1C (EUR)", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 91.669, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 89.744, "architecture_energy": 91.801, "architecture_maturity": 36.214, "architecture_confidence": 72.327, "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": 4.37, "rotation_up": 80.33, "upward_expansion": 96.48, "deceleration": 42.5, "rotation_down": 12.76, "downward_expansion": 20.81 }, "activity_lines": [ 158.193332, 156.559636, 153.977523, 151.787741 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 161.300003, "trend_reference": 149.674, "distance_from_trend": 0.077676, "trend_direction": "Improving", "fair_value": 129.431025, "distance_from_fair_value": 0.246224, "fair_value_direction": "Improving", "relative_strength": 3.91224, "relative_strength_direction": "Weakening", "price_momentum": 0.088394, "excess_performance": 0.035083, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.077676, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033546, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.246224, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.061285, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.039122, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.008323, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.088394, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.3013, "read": "Supply-led" } ], "volume": { "latest": 101, "relative_activity": 0.052323, "balance": 0.3013, "dry_up": 0.108144, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.016548, "annualized_volatility": 0.15758, "from_high_reference": -0.000743, "from_low_reference": 0.211871 }, "levels": { "trend_reference": 149.674, "fair_value_reference": 129.431025, "structural_low": 133.100006, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": 0.007861, "positive_rate": 0.594595, "directional_follow_through": 0.594595, "median_excess_return": 0.004131, "regime_survival": 0.72973, "best_return": 0.048958, "worst_return": -0.041465, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.013421, "positive_rate": 0.785714, "directional_follow_through": 0.785714, "median_excess_return": 0.005248, "regime_survival": 0.5, "best_return": 0.08901, "worst_return": -0.057424, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.042703, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.010594, "regime_survival": 0.75, "best_return": 0.103412, "worst_return": 0.029028, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.066284, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.016503, "regime_survival": 0.5, "best_return": 0.139376, "worst_return": -0.149508, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-08-09", "tenure": "New", "return": -0.025859, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-09-27", "tenure": "Developing", "return": 0.049786, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-11-22", "tenure": "Developing", "return": -0.037431, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.017387, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-24", "tenure": "Developing", "return": 0.008504, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.000155, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.034652, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-23", "tenure": "Developing", "return": 0.063867, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-09-19", "tenure": "Established", "return": 0.008007, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-10", "tenure": "New", "return": 0.021403, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2026-03-13", "tenure": "Established", "return": 0.029898, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.017244, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.00312, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.090602, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 107.279999, "volume": 2, "typical_volume": 436.95, "trend": 110.167333, "fair_value": 109.191025, "relative_strength": -2.589759, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.271988, "energy": 14.753431, "activity_lines": [ 109.98, 110.188727, 110.258381, 110.138107 ] }, { "date": "2023-08-25", "close": 107.540001, "volume": 74, "typical_volume": 361.1, "trend": 110.085333, "fair_value": 109.293461, "relative_strength": -3.060197, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.430983, "energy": 35.472542, "activity_lines": [ 108.870667, 109.710909, 109.998095, 109.968602 ] }, { "date": "2023-09-01", "close": 110.080002, "volume": 11, "typical_volume": 345.55, "trend": 110.023333, "fair_value": 109.423461, "relative_strength": -1.533624, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.543573, "energy": 31.054568, "activity_lines": [ 108.906668, 109.769091, 109.985429, 109.968258 ] }, { "date": "2023-09-08", "close": 108.5, "volume": 1062, "typical_volume": 378.35, "trend": 109.926, "fair_value": 109.537371, "relative_strength": -2.020717, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.982994, "energy": 39.583794, "activity_lines": [ 108.669334, 109.507637, 109.822857, 109.869978 ] }, { "date": "2023-09-15", "close": 110.120003, "volume": 267, "typical_volume": 389.8, "trend": 109.882667, "fair_value": 109.659102, "relative_strength": -2.264898, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.969041, "energy": 31.436483, "activity_lines": [ 109.146668, 109.560728, 109.824191, 109.882495 ] }, { "date": "2023-09-22", "close": 107.919998, "volume": 25, "typical_volume": 390.6, "trend": 109.748666, "fair_value": 109.789487, "relative_strength": -1.508534, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.507372, "energy": 16.313685, "activity_lines": [ 108.885334, 109.159637, 109.621334, 109.755871 ] }, { "date": "2023-09-29", "close": 107.599998, "volume": 553, "typical_volume": 417.95, "trend": 109.582, "fair_value": 109.901666, "relative_strength": -1.018671, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.501425, "energy": 21.986484, "activity_lines": [ 108.474666, 108.750546, 109.399333, 109.617247 ] }, { "date": "2023-10-06", "close": 105.339996, "volume": 636, "typical_volume": 446.75, "trend": 109.459333, "fair_value": 109.982628, "relative_strength": -1.985074, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.35767, "energy": 55.546673, "activity_lines": [ 107.306665, 108.010908, 108.97819, 109.34357 ] }, { "date": "2023-10-13", "close": 105.239998, "volume": 304, "typical_volume": 460.45, "trend": 109.407333, "fair_value": 110.068525, "relative_strength": -1.225405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.989151, "energy": 71.397255, "activity_lines": [ 106.421331, 107.408363, 108.577333, 109.071354 ] }, { "date": "2023-10-20", "close": 101.400002, "volume": 7, "typical_volume": 458.85, "trend": 109.270666, "fair_value": 110.135256, "relative_strength": -2.141122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.966099, "energy": 85.986462, "activity_lines": [ 104.473332, 106.214545, 107.83019, 108.554752 ] }, { "date": "2023-10-27", "close": 100.379997, "volume": 485, "typical_volume": 479.6, "trend": 108.986, "fair_value": 110.228205, "relative_strength": -2.741604, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.921974, "energy": 92.304514, "activity_lines": [ 102.766665, 104.992363, 107.029333, 107.981161 ] }, { "date": "2023-11-03", "close": 105.580002, "volume": 27, "typical_volume": 467.1, "trend": 108.880666, "fair_value": 110.318525, "relative_strength": -1.317461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.866586, "energy": 78.9631, "activity_lines": [ 103.296, 104.84109, 106.771238, 107.761419 ] }, { "date": "2023-11-10", "close": 105.019997, "volume": 112, "typical_volume": 472.7, "trend": 108.708, "fair_value": 110.370577, "relative_strength": -1.68547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.01986, "energy": 65.909551, "activity_lines": [ 103.773332, 104.623635, 106.488571, 107.512344 ] }, { "date": "2023-11-17", "close": 109.0, "volume": 712, "typical_volume": 508.1, "trend": 108.657333, "fair_value": 110.435128, "relative_strength": -0.559949, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.365131, "energy": 23.285509, "activity_lines": [ 105.598666, 105.221817, 106.600571, 107.531182 ] }, { "date": "2023-11-24", "close": 109.720001, "volume": 810, "typical_volume": 416.3, "trend": 108.606667, "fair_value": 110.49923, "relative_strength": -0.623997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.514661, "energy": 20.651285, "activity_lines": [ 107.413333, 105.941818, 106.784, 107.599742 ] }, { "date": "2023-12-01", "close": 111.639999, "volume": 0, "typical_volume": 414.25, "trend": 108.651333, "fair_value": 110.569743, "relative_strength": 0.447985, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 26.011603, "energy": 35.905706, "activity_lines": [ 109.313333, 107.018181, 107.137999, 107.79544 ] }, { "date": "2023-12-08", "close": 113.5, "volume": 360, "typical_volume": 307.7, "trend": 108.735333, "fair_value": 110.661795, "relative_strength": -0.265398, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 45.556492, "energy": 50.278821, "activity_lines": [ 111.082666, 108.36509, 107.664571, 108.108258 ] }, { "date": "2023-12-15", "close": 115.860001, "volume": 486, "typical_volume": 331.65, "trend": 108.877333, "fair_value": 110.753718, "relative_strength": 0.947664, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.227064, "energy": 76.455256, "activity_lines": [ 113.110667, 110.033818, 108.408857, 108.567914 ] }, { "date": "2023-12-22", "close": 116.540001, "volume": 322, "typical_volume": 341.25, "trend": 109.118, "fair_value": 110.844231, "relative_strength": 1.962113, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.988691, "energy": 83.299308, "activity_lines": [ 114.642667, 111.634909, 109.208476, 109.062279 ] }, { "date": "2023-12-29", "close": 116.959999, "volume": 2296, "typical_volume": 427.55, "trend": 109.332667, "fair_value": 110.934872, "relative_strength": 2.699252, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.094696, "energy": 92.251366, "activity_lines": [ 115.812, 113.106909, 110.022285, 109.568215 ] }, { "date": "2024-01-05", "close": 115.279999, "volume": 473, "typical_volume": 451.1, "trend": 109.496666, "fair_value": 110.995, "relative_strength": 2.872334, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.948106, "energy": 87.392084, "activity_lines": [ 115.938666, 113.990545, 110.643142, 109.951914 ] }, { "date": "2024-01-12", "close": 114.940002, "volume": 245, "typical_volume": 459.65, "trend": 109.607333, "fair_value": 111.059102, "relative_strength": 1.962263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.984198, "energy": 82.043971, "activity_lines": [ 115.709334, 114.541455, 111.193524, 110.303097 ] }, { "date": "2024-01-19", "close": 112.040001, "volume": 18, "typical_volume": 460.0, "trend": 109.732, "fair_value": 111.102948, "relative_strength": 0.696696, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.599411, "energy": 53.901309, "activity_lines": [ 114.417334, 114.39491, 111.432476, 110.460043 ] }, { "date": "2024-01-26", "close": 115.419998, "volume": 9, "typical_volume": 407.35, "trend": 109.926, "fair_value": 111.186154, "relative_strength": 0.216116, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.437857, "energy": 45.384466, "activity_lines": [ 114.506666, 114.735273, 111.984, 110.827011 ] }, { "date": "2024-02-02", "close": 114.739998, "volume": 39, "typical_volume": 395.95, "trend": 110.179333, "fair_value": 111.238461, "relative_strength": 0.22143, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.834388, "energy": 40.344196, "activity_lines": [ 114.443999, 114.835272, 112.437809, 111.137591 ] }, { "date": "2024-02-09", "close": 114.220001, "volume": 380, "typical_volume": 413.7, "trend": 110.297333, "fair_value": 111.282948, "relative_strength": -0.866197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.008823, "energy": 36.043898, "activity_lines": [ 114.356, 114.749454, 112.820095, 111.398279 ] }, { "date": "2024-02-16", "close": 115.779999, "volume": 175, "typical_volume": 394.8, "trend": 110.422666, "fair_value": 111.335384, "relative_strength": -1.040303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.870853, "energy": 51.2649, "activity_lines": [ 114.858666, 114.900363, 113.320952, 111.752 ] }, { "date": "2024-02-23", "close": 116.779999, "volume": 829, "typical_volume": 404.45, "trend": 110.519333, "fair_value": 111.410256, "relative_strength": -2.558592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.896054, "energy": 62.62527, "activity_lines": [ 115.638666, 115.191636, 113.878095, 112.16215 ] }, { "date": "2024-03-01", "close": 116.68, "volume": 227, "typical_volume": 400.6, "trend": 110.704666, "fair_value": 111.47782, "relative_strength": -2.165862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.506026, "energy": 62.622315, "activity_lines": [ 116.069333, 115.448, 114.371238, 112.559613 ] }, { "date": "2024-03-08", "close": 117.900002, "volume": 75, "typical_volume": 404.0, "trend": 110.966666, "fair_value": 111.52782, "relative_strength": -2.246902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.067979, "energy": 77.263735, "activity_lines": [ 116.822667, 115.923636, 114.926095, 113.023828 ] }, { "date": "2024-03-15", "close": 118.32, "volume": 28, "typical_volume": 381.15, "trend": 111.334666, "fair_value": 111.579615, "relative_strength": -3.422042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.439999, "energy": 86.193232, "activity_lines": [ 117.505334, 116.458545, 115.442381, 113.498236 ] }, { "date": "2024-03-22", "close": 119.860001, "volume": 24, "typical_volume": 381.0, "trend": 111.745333, "fair_value": 111.63859, "relative_strength": -1.973672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.595558, "energy": 90.497982, "activity_lines": [ 118.428001, 117.218182, 116.019905, 114.048258 ] }, { "date": "2024-03-29", "close": 120.900002, "volume": 30, "typical_volume": 376.9, "trend": 112.106, "fair_value": 111.692949, "relative_strength": -1.754649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.662243, "energy": 92.872157, "activity_lines": [ 119.425335, 118.077455, 116.628476, 114.638882 ] }, { "date": "2024-04-05", "close": 119.5, "volume": 104, "typical_volume": 346.5, "trend": 112.472666, "fair_value": 111.729743, "relative_strength": -1.148906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.755371, "energy": 85.921841, "activity_lines": [ 119.681334, 118.521091, 117.028095, 115.115914 ] }, { "date": "2024-04-12", "close": 118.800003, "volume": 162, "typical_volume": 314.1, "trend": 112.762, "fair_value": 111.753205, "relative_strength": -1.130866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.762425, "energy": 69.566007, "activity_lines": [ 119.516002, 118.763274, 117.311048, 115.524129 ] }, { "date": "2024-04-19", "close": 117.739998, "volume": 120, "typical_volume": 320.1, "trend": 113.089333, "fair_value": 111.776025, "relative_strength": -2.165783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.208265, "energy": 57.383509, "activity_lines": [ 118.937334, 118.73891, 117.44981, 115.84529 ] }, { "date": "2024-04-26", "close": 119.720001, "volume": 252, "typical_volume": 314.7, "trend": 113.493333, "fair_value": 111.810897, "relative_strength": -1.324235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.107502, "energy": 53.104862, "activity_lines": [ 119.057334, 119.010546, 117.748096, 116.273075 ] }, { "date": "2024-05-03", "close": 120.739998, "volume": 293, "typical_volume": 305.05, "trend": 114.006667, "fair_value": 111.841154, "relative_strength": 1.107375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.143285, "energy": 56.178189, "activity_lines": [ 119.526666, 119.396, 118.113905, 116.740602 ] }, { "date": "2024-05-10", "close": 124.260002, "volume": 19, "typical_volume": 289.9, "trend": 114.640667, "fair_value": 111.898461, "relative_strength": 0.724017, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.654313, "energy": 70.254738, "activity_lines": [ 121.18, 120.349455, 118.791715, 117.402108 ] }, { "date": "2024-05-17", "close": 125.739998, "volume": 15, "typical_volume": 175.85, "trend": 115.452, "fair_value": 111.960897, "relative_strength": 2.50255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.16905, "energy": 95.371607, "activity_lines": [ 123.009333, 121.434182, 119.573714, 118.118194 ] }, { "date": "2024-05-24", "close": 125.279999, "volume": 100, "typical_volume": 157.2, "trend": 116.282, "fair_value": 112.011538, "relative_strength": 2.97139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.214011, "energy": 93.283859, "activity_lines": [ 124.222666, 122.292727, 120.270095, 118.752258 ] }, { "date": "2024-05-31", "close": 124.940002, "volume": 667, "typical_volume": 178.3, "trend": 116.927333, "fair_value": 112.053846, "relative_strength": 3.946432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.176007, "energy": 89.211005, "activity_lines": [ 124.82, 122.962909, 120.886476, 119.310839 ] }, { "date": "2024-06-07", "close": 124.800003, "volume": 37, "typical_volume": 179.25, "trend": 117.586667, "fair_value": 112.088718, "relative_strength": 3.674759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.050316, "energy": 86.040231, "activity_lines": [ 125.022668, 123.515273, 121.441905, 119.818753 ] }, { "date": "2024-06-14", "close": 121.239998, "volume": 33, "typical_volume": 180.45, "trend": 117.994667, "fair_value": 112.112692, "relative_strength": 7.265037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.184032, "energy": 59.677154, "activity_lines": [ 123.768, 123.349455, 121.597524, 120.054452 ] }, { "date": "2024-06-21", "close": 122.339996, "volume": 149, "typical_volume": 185.95, "trend": 118.415333, "fair_value": 112.132308, "relative_strength": 6.33572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.146914, "energy": 42.984443, "activity_lines": [ 123.081332, 123.351999, 121.83019, 120.334796 ] }, { "date": "2024-06-28", "close": 120.860001, "volume": 3, "typical_volume": 167.1, "trend": 118.722667, "fair_value": 112.14141, "relative_strength": 6.960551, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.017459, "energy": 26.946496, "activity_lines": [ 122.127999, 123.021091, 121.885714, 120.492516 ] }, { "date": "2024-07-05", "close": 123.059998, "volume": 43, "typical_volume": 160.5, "trend": 119.041333, "fair_value": 112.161923, "relative_strength": 5.99286, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.972682, "energy": 28.761841, "activity_lines": [ 122.202665, 123.033454, 122.119143, 120.772344 ] }, { "date": "2024-07-12", "close": 125.080002, "volume": 22, "typical_volume": 120.15, "trend": 119.348667, "fair_value": 112.202051, "relative_strength": 6.892497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.817267, "energy": 35.36974, "activity_lines": [ 123.076, 123.352363, 122.510286, 121.161935 ] }, { "date": "2024-07-19", "close": 123.580002, "volume": 56, "typical_volume": 111.6, "trend": 119.583333, "fair_value": 112.218461, "relative_strength": 8.088417, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.421391, "energy": 36.573002, "activity_lines": [ 123.430667, 123.319637, 122.719048, 121.434925 ] }, { "date": "2024-07-26", "close": 122.199997, "volume": 13, "typical_volume": 108.5, "trend": 119.758, "fair_value": 112.225384, "relative_strength": 6.982093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.721387, "energy": 36.2162, "activity_lines": [ 123.169333, 123.048363, 122.763524, 121.603742 ] }, { "date": "2024-08-02", "close": 119.599998, "volume": 7, "typical_volume": 107.45, "trend": 119.902, "fair_value": 112.201538, "relative_strength": 8.366258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 3.693696, "energy": 6.600331, "activity_lines": [ 122.050666, 122.368727, 122.539904, 121.593548 ] }, { "date": "2024-08-09", "close": 119.040001, "volume": 150, "typical_volume": 113.75, "trend": 120.038667, "fair_value": 112.165513, "relative_strength": 7.405388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -8.700833, "energy": 20.722327, "activity_lines": [ 120.829333, 121.690545, 122.256857, 121.537935 ] }, { "date": "2024-08-16", "close": 121.720001, "volume": 27, "typical_volume": 113.6, "trend": 120.361333, "fair_value": 112.15859, "relative_strength": 6.98593, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.897939, "energy": 21.264785, "activity_lines": [ 120.769333, 121.606909, 122.232952, 121.646409 ] }, { "date": "2024-08-23", "close": 124.139999, "volume": 62, "typical_volume": 111.5, "trend": 120.652, "fair_value": 112.158333, "relative_strength": 7.075808, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.026789, "energy": 20.376941, "activity_lines": [ 121.74, 122.019272, 122.435619, 121.890193 ] }, { "date": "2024-08-30", "close": 124.379997, "volume": 12, "typical_volume": 104.0, "trend": 120.973333, "fair_value": 112.157692, "relative_strength": 6.362707, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.606308, "energy": 24.158709, "activity_lines": [ 122.753332, 122.422545, 122.639047, 122.130709 ] }, { "date": "2024-09-06", "close": 122.279999, "volume": 576, "typical_volume": 126.8, "trend": 121.242, "fair_value": 112.154102, "relative_strength": 8.306125, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.704141, "energy": 26.823533, "activity_lines": [ 122.921332, 122.406908, 122.615904, 122.21501 ] }, { "date": "2024-09-13", "close": 122.559998, "volume": 82, "typical_volume": 118.3, "trend": 121.468, "fair_value": 112.158333, "relative_strength": 6.712086, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.604976, "energy": 28.411486, "activity_lines": [ 123.003998, 122.416363, 122.597809, 122.300043 ] }, { "date": "2024-09-20", "close": 124.900002, "volume": 31915, "typical_volume": 1699.4, "trend": 121.738667, "fair_value": 112.177948, "relative_strength": 8.0215, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.85052, "energy": 43.698142, "activity_lines": [ 123.631999, 122.860363, 122.789047, 122.521462 ] }, { "date": "2024-09-27", "close": 127.779999, "volume": 69, "typical_volume": 1701.9, "trend": 122.108667, "fair_value": 112.232179, "relative_strength": 6.202757, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.154832, "energy": 65.394185, "activity_lines": [ 125.007999, 123.831272, 123.234761, 122.911225 ] }, { "date": "2024-10-04", "close": 126.099998, "volume": 621, "typical_volume": 1732.2, "trend": 122.382, "fair_value": 112.275641, "relative_strength": 8.044505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.986647, "energy": 65.10696, "activity_lines": [ 125.581332, 124.420363, 123.503714, 123.168731 ] }, { "date": "2024-10-11", "close": 126.019997, "volume": 395, "typical_volume": 1746.95, "trend": 122.638666, "fair_value": 112.297307, "relative_strength": 7.241798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.852786, "energy": 67.460157, "activity_lines": [ 126.013332, 124.923999, 123.763332, 123.40344 ] }, { "date": "2024-10-18", "close": 127.18, "volume": 140, "typical_volume": 1720.6, "trend": 122.882666, "fair_value": 112.32282, "relative_strength": 7.485279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.950406, "energy": 71.703839, "activity_lines": [ 126.582665, 125.521817, 124.129904, 123.696429 ] }, { "date": "2024-10-25", "close": 125.419998, "volume": 67, "typical_volume": 1722.1, "trend": 123.033333, "fair_value": 112.333974, "relative_strength": 7.370958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.148205, "energy": 50.003881, "activity_lines": [ 126.257332, 125.651635, 124.318189, 123.860128 ] }, { "date": "2024-11-01", "close": 122.120003, "volume": 348, "typical_volume": 1737.85, "trend": 123.120666, "fair_value": 112.312564, "relative_strength": 5.597976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.126529, "energy": 17.12128, "activity_lines": [ 124.797333, 125.114181, 124.189237, 123.801204 ] }, { "date": "2024-11-08", "close": 122.519997, "volume": 108, "typical_volume": 1735.8, "trend": 123.244666, "fair_value": 112.289743, "relative_strength": 6.72562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.760707, "energy": 14.786949, "activity_lines": [ 123.847999, 124.686181, 124.09419, 123.762451 ] }, { "date": "2024-11-15", "close": 122.360001, "volume": 131, "typical_volume": 1742.2, "trend": 123.398666, "fair_value": 112.270128, "relative_strength": 7.365707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -9.255813, "energy": 23.40655, "activity_lines": [ 123.084, 124.262909, 123.983047, 123.705376 ] }, { "date": "2024-11-22", "close": 121.379997, "volume": 1541, "typical_volume": 1817.1, "trend": 123.453999, "fair_value": 112.281154, "relative_strength": 6.500221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -28.350821, "energy": 35.145554, "activity_lines": [ 122.237332, 123.659999, 123.771428, 123.575139 ] }, { "date": "2024-11-29", "close": 123.080002, "volume": 1504, "typical_volume": 1891.2, "trend": 123.531999, "fair_value": 112.306795, "relative_strength": 8.048861, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.224529, "energy": 29.619978, "activity_lines": [ 122.344, 123.387636, 123.729714, 123.55101 ] }, { "date": "2024-12-06", "close": 125.220001, "volume": 474, "typical_volume": 1912.1, "trend": 123.563999, "fair_value": 112.329359, "relative_strength": 6.856686, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.597451, "energy": 10.431382, "activity_lines": [ 123.32, 123.537454, 123.901333, 123.659913 ] }, { "date": "2024-12-13", "close": 124.639999, "volume": 249, "typical_volume": 1923.9, "trend": 123.527333, "fair_value": 112.353461, "relative_strength": 6.406538, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.168201, "energy": 13.644151, "activity_lines": [ 123.896, 123.628363, 124.009904, 123.729333 ] }, { "date": "2024-12-20", "close": 121.519997, "volume": 193, "typical_volume": 1933.2, "trend": 123.401999, "fair_value": 112.340513, "relative_strength": 5.501689, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.865819, "energy": 9.016319, "activity_lines": [ 123.290666, 123.178545, 123.809714, 123.599827 ] }, { "date": "2024-12-27", "close": 122.18, "volume": 123, "typical_volume": 1931.85, "trend": 123.309999, "fair_value": 112.32423, "relative_strength": 4.767464, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.078555, "energy": 6.081861, "activity_lines": [ 122.961333, 122.930545, 123.663237, 123.520989 ] }, { "date": "2025-01-03", "close": 122.540001, "volume": 34, "typical_volume": 1932.2, "trend": 123.234666, "fair_value": 112.308333, "relative_strength": 5.965549, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.68044, "energy": 23.883813, "activity_lines": [ 122.698666, 122.838909, 123.536095, 123.471311 ] }, { "date": "2025-01-10", "close": 123.440002, "volume": 6, "typical_volume": 1929.4, "trend": 123.307999, "fair_value": 112.312692, "relative_strength": 4.452457, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -12.107824, "energy": 26.902685, "activity_lines": [ 122.772, 122.963273, 123.490762, 123.484559 ] }, { "date": "2025-01-17", "close": 123.620003, "volume": 26, "typical_volume": 1930.1, "trend": 123.350666, "fair_value": 112.334359, "relative_strength": 0.721519, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -14.420443, "energy": 10.568363, "activity_lines": [ 123.024002, 123.096364, 123.465905, 123.504688 ] }, { "date": "2025-01-24", "close": 125.699997, "volume": 68, "typical_volume": 1904.7, "trend": 123.512, "fair_value": 112.385897, "relative_strength": -0.487016, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.491031, "energy": 22.863459, "activity_lines": [ 124.037334, 123.587636, 123.642762, 123.656258 ] }, { "date": "2025-01-31", "close": 128.860001, "volume": 776, "typical_volume": 1939.4, "trend": 123.705333, "fair_value": 112.457051, "relative_strength": 1.590965, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.907392, "energy": 70.754406, "activity_lines": [ 125.825334, 124.592728, 124.104286, 124.00129 ] }, { "date": "2025-02-07", "close": 128.940002, "volume": 8, "typical_volume": 344.05, "trend": 123.834, "fair_value": 112.521795, "relative_strength": 1.211738, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.873638, "energy": 82.642636, "activity_lines": [ 127.194668, 125.476364, 124.543429, 124.339011 ] }, { "date": "2025-02-14", "close": 131.600006, "volume": 755, "typical_volume": 378.35, "trend": 124.101333, "fair_value": 112.620256, "relative_strength": 0.560399, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.080767, "energy": 92.935503, "activity_lines": [ 129.024003, 126.737093, 125.216667, 124.840043 ] }, { "date": "2025-02-21", "close": 130.559998, "volume": 1065, "typical_volume": 400.55, "trend": 124.38, "fair_value": 112.728461, "relative_strength": -0.102661, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.972831, "energy": 90.658995, "activity_lines": [ 129.962668, 127.692728, 125.772667, 125.256731 ] }, { "date": "2025-02-28", "close": 131.399994, "volume": 176, "typical_volume": 389.6, "trend": 124.773333, "fair_value": 112.902051, "relative_strength": 0.890803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.284715, "energy": 91.01593, "activity_lines": [ 130.718666, 128.693454, 126.387429, 125.709634 ] }, { "date": "2025-03-07", "close": 131.380005, "volume": 152, "typical_volume": 390.2, "trend": 125.184666, "fair_value": 113.08859, "relative_strength": 0.581791, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.773066, "energy": 88.841455, "activity_lines": [ 131.088001, 129.51091, 126.974667, 126.135871 ] }, { "date": "2025-03-14", "close": 128.199997, "volume": 5, "typical_volume": 387.1, "trend": 125.400666, "fair_value": 113.180897, "relative_strength": -0.896603, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.487564, "energy": 58.627792, "activity_lines": [ 130.229333, 129.582909, 127.239048, 126.330409 ] }, { "date": "2025-03-21", "close": 131.039993, "volume": 353, "typical_volume": 387.35, "trend": 125.630666, "fair_value": 113.300897, "relative_strength": 0.922625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.524926, "energy": 59.312818, "activity_lines": [ 130.366664, 130.068362, 127.760666, 126.694236 ] }, { "date": "2025-03-28", "close": 128.880005, "volume": 60, "typical_volume": 384.95, "trend": 125.780666, "fair_value": 113.398974, "relative_strength": 0.664342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.092841, "energy": 41.04127, "activity_lines": [ 129.821333, 130.022909, 128.034095, 126.903871 ] }, { "date": "2025-04-04", "close": 118.32, "volume": 2719, "typical_volume": 514.35, "trend": 125.648666, "fair_value": 113.430384, "relative_strength": 0.388829, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -5.989574, "energy": 22.960479, "activity_lines": [ 125.868, 127.961818, 127.271524, 126.422538 ] }, { "date": "2025-04-11", "close": 117.080002, "volume": 210, "typical_volume": 447.8, "trend": 125.466, "fair_value": 113.455384, "relative_strength": 1.517015, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.605207, "energy": 46.666475, "activity_lines": [ 122.373334, 125.809455, 126.410095, 125.869721 ] }, { "date": "2025-04-18", "close": 122.419998, "volume": 16, "typical_volume": 373.4, "trend": 125.383333, "fair_value": 113.518461, "relative_strength": 3.249283, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.305873, "energy": 40.847572, "activity_lines": [ 121.612, 124.842181, 126.077714, 125.673204 ] }, { "date": "2025-04-25", "close": 126.199997, "volume": 222, "typical_volume": 360.8, "trend": 125.330666, "fair_value": 113.614359, "relative_strength": 2.66501, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.083987, "energy": 36.714613, "activity_lines": [ 122.495999, 124.680726, 126.108476, 125.725892 ] }, { "date": "2025-05-02", "close": 130.580002, "volume": 196, "typical_volume": 358.15, "trend": 125.48, "fair_value": 113.775641, "relative_strength": 2.828413, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 12.153493, "energy": 15.736894, "activity_lines": [ 125.162666, 125.413818, 126.551714, 126.064559 ] }, { "date": "2025-05-09", "close": 130.039993, "volume": 971, "typical_volume": 397.05, "trend": 125.614, "fair_value": 113.923461, "relative_strength": 2.554564, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.712135, "energy": 32.889315, "activity_lines": [ 127.535997, 126.048362, 126.915237, 126.358752 ] }, { "date": "2025-05-16", "close": 133.940002, "volume": 56, "typical_volume": 393.7, "trend": 125.839333, "fair_value": 114.097307, "relative_strength": 3.522744, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 66.647844, "energy": 51.577945, "activity_lines": [ 130.427999, 127.416726, 127.609618, 126.895914 ] }, { "date": "2025-05-23", "close": 134.259995, "volume": 576, "typical_volume": 420.8, "trend": 126.134, "fair_value": 114.251923, "relative_strength": 5.580303, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.95816, "energy": 70.433666, "activity_lines": [ 132.302664, 128.796726, 128.278475, 127.439182 ] }, { "date": "2025-05-30", "close": 134.880005, "volume": 31, "typical_volume": 422.05, "trend": 126.559333, "fair_value": 114.415513, "relative_strength": 5.610133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.693884, "energy": 79.971788, "activity_lines": [ 133.594667, 130.179272, 128.950571, 128.003441 ] }, { "date": "2025-06-06", "close": 135.360001, "volume": 272, "typical_volume": 434.35, "trend": 126.987333, "fair_value": 114.61282, "relative_strength": 5.052364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.669199, "energy": 79.297352, "activity_lines": [ 134.468, 131.579272, 129.613904, 128.571226 ] }, { "date": "2025-06-13", "close": 133.539993, "volume": 13, "typical_volume": 431.6, "trend": 127.36, "fair_value": 114.83173, "relative_strength": 5.111538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.896867, "energy": 68.130596, "activity_lines": [ 134.415998, 132.530544, 130.047999, 128.993978 ] }, { "date": "2025-06-20", "close": 131.860001, "volume": 165, "typical_volume": 401.05, "trend": 127.709333, "fair_value": 115.031346, "relative_strength": 4.925467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.940563, "energy": 45.669756, "activity_lines": [ 133.570666, 132.899635, 130.284761, 129.2843 ] }, { "date": "2025-06-27", "close": 133.220001, "volume": 19, "typical_volume": 401.6, "trend": 128.047333, "fair_value": 115.251218, "relative_strength": 4.462497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.088949, "energy": 38.791201, "activity_lines": [ 133.317333, 133.247272, 130.636761, 129.639827 ] }, { "date": "2025-07-04", "close": 134.059998, "volume": 7, "typical_volume": 364.2, "trend": 128.342, "fair_value": 115.457115, "relative_strength": 4.888053, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.674222, "energy": 36.177956, "activity_lines": [ 133.413332, 133.551272, 131.04838, 130.027741 ] }, { "date": "2025-07-11", "close": 136.479996, "volume": 129, "typical_volume": 317.4, "trend": 128.736666, "fair_value": 115.686474, "relative_strength": 4.816848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.944295, "energy": 52.301436, "activity_lines": [ 134.370665, 134.152362, 131.678761, 130.552773 ] }, { "date": "2025-07-18", "close": 135.639999, "volume": 1594, "typical_volume": 388.3, "trend": 129.207333, "fair_value": 115.885192, "relative_strength": 4.146984, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.124695, "energy": 69.559788, "activity_lines": [ 134.973332, 134.493453, 132.200951, 130.99815 ] }, { "date": "2025-07-25", "close": 137.559998, "volume": 2351, "typical_volume": 498.25, "trend": 129.72, "fair_value": 116.07673, "relative_strength": 5.302139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.213161, "energy": 83.670843, "activity_lines": [ 136.075998, 135.081817, 132.885808, 131.537031 ] }, { "date": "2025-08-01", "close": 133.059998, "volume": 64, "typical_volume": 501.2, "trend": 130.070666, "fair_value": 116.24532, "relative_strength": 5.611554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.998783, "energy": 64.428679, "activity_lines": [ 135.298665, 134.78618, 133.112665, 131.752515 ] }, { "date": "2025-08-08", "close": 136.800003, "volume": 47, "typical_volume": 485.9, "trend": 130.515999, "fair_value": 116.424936, "relative_strength": 5.662427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.67308, "energy": 51.559843, "activity_lines": [ 135.778666, 135.192363, 133.67257, 132.186666 ] }, { "date": "2025-08-15", "close": 137.960007, "volume": 185, "typical_volume": 492.15, "trend": 130.994, "fair_value": 116.627243, "relative_strength": 4.003305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.690363, "energy": 57.145878, "activity_lines": [ 136.462669, 135.774546, 134.315524, 132.666924 ] }, { "date": "2025-08-22", "close": 139.960007, "volume": 307, "typical_volume": 371.55, "trend": 131.469333, "fair_value": 116.867115, "relative_strength": 4.757134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.194529, "energy": 61.664428, "activity_lines": [ 137.714671, 136.673093, 135.105715, 133.245376 ] }, { "date": "2025-08-29", "close": 136.699997, "volume": 644, "typical_volume": 393.25, "trend": 131.730666, "fair_value": 117.098782, "relative_strength": 5.671951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.323897, "energy": 55.203483, "activity_lines": [ 137.592003, 136.862183, 135.482381, 133.582839 ] }, { "date": "2025-09-05", "close": 134.600006, "volume": 670, "typical_volume": 425.95, "trend": 131.919333, "fair_value": 117.308013, "relative_strength": 4.335093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.645291, "energy": 44.982064, "activity_lines": [ 136.82667, 136.581457, 135.56562, 133.767957 ] }, { "date": "2025-09-12", "close": 136.619995, "volume": 3512, "typical_volume": 590.45, "trend": 132.086666, "fair_value": 117.553782, "relative_strength": 3.741058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.944209, "energy": 35.713299, "activity_lines": [ 136.632001, 136.64291, 135.783238, 134.071226 ] }, { "date": "2025-09-19", "close": 135.960007, "volume": 184, "typical_volume": 589.85, "trend": 132.266667, "fair_value": 117.831795, "relative_strength": 2.789818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.964996, "energy": 21.619705, "activity_lines": [ 136.229336, 136.537821, 135.888382, 134.321119 ] }, { "date": "2025-09-26", "close": 134.559998, "volume": 154, "typical_volume": 549.0, "trend": 132.372, "fair_value": 118.10859, "relative_strength": 1.429741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.842271, "energy": 21.127705, "activity_lines": [ 135.493334, 136.187638, 135.834572, 134.469076 ] }, { "date": "2025-10-03", "close": 138.619995, "volume": 157, "typical_volume": 554.05, "trend": 132.613333, "fair_value": 118.410384, "relative_strength": 1.71373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.003948, "energy": 27.2322, "activity_lines": [ 136.470666, 136.595273, 136.145905, 134.872172 ] }, { "date": "2025-10-10", "close": 137.440002, "volume": 107, "typical_volume": 530.6, "trend": 132.921333, "fair_value": 118.70141, "relative_strength": 2.845456, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.886033, "energy": 30.063292, "activity_lines": [ 136.926666, 136.769092, 136.322572, 135.18357 ] }, { "date": "2025-10-17", "close": 137.800003, "volume": 130, "typical_volume": 535.55, "trend": 133.146667, "fair_value": 118.986346, "relative_strength": -0.134379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.906437, "energy": 34.825603, "activity_lines": [ 137.313334, 136.928728, 136.518382, 135.498323 ] }, { "date": "2025-10-24", "close": 139.919998, "volume": 208, "typical_volume": 532.35, "trend": 133.514667, "fair_value": 119.260897, "relative_strength": 0.735635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.724171, "energy": 59.658913, "activity_lines": [ 138.328, 137.455637, 136.902191, 135.935312 ] }, { "date": "2025-10-31", "close": 139.199997, "volume": 70, "typical_volume": 535.2, "trend": 134.210666, "fair_value": 119.522051, "relative_strength": 1.431551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.230009, "energy": 64.097879, "activity_lines": [ 138.838666, 137.815999, 137.195715, 136.302108 ] }, { "date": "2025-11-07", "close": 136.800003, "volume": 1485, "typical_volume": 601.2, "trend": 134.868, "fair_value": 119.727692, "relative_strength": 1.766124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.291528, "energy": 46.319111, "activity_lines": [ 138.24, 137.753818, 137.233715, 136.469162 ] }, { "date": "2025-11-14", "close": 138.300003, "volume": 235, "typical_volume": 612.0, "trend": 135.397333, "fair_value": 119.950897, "relative_strength": 0.101843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.934788, "energy": 37.051493, "activity_lines": [ 138.262668, 137.962546, 137.391048, 136.690581 ] }, { "date": "2025-11-21", "close": 134.899994, "volume": 192, "typical_volume": 621.25, "trend": 135.687333, "fair_value": 120.138461, "relative_strength": -0.085554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.644533, "energy": 9.727957, "activity_lines": [ 137.094666, 137.485818, 137.200381, 136.658495 ] }, { "date": "2025-11-28", "close": 139.759995, "volume": 7494, "typical_volume": 989.5, "trend": 135.993333, "fair_value": 120.354743, "relative_strength": 1.706636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.982269, "energy": 21.610739, "activity_lines": [ 137.739998, 137.923999, 137.468571, 136.921247 ] }, { "date": "2025-12-05", "close": 140.240005, "volume": 497, "typical_volume": 934.65, "trend": 136.333333, "fair_value": 120.587692, "relative_strength": 2.10723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.053983, "energy": 34.325342, "activity_lines": [ 138.556, 138.380363, 137.766857, 137.195226 ] }, { "date": "2025-12-12", "close": 140.119995, "volume": 7184, "typical_volume": 1176.3, "trend": 136.539333, "fair_value": 120.828589, "relative_strength": 2.539552, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.185407, "energy": 42.106394, "activity_lines": [ 139.262665, 138.711635, 138.031809, 137.439527 ] }, { "date": "2025-12-19", "close": 142.279999, "volume": 1506, "typical_volume": 1248.4, "trend": 136.806667, "fair_value": 121.084102, "relative_strength": 2.975455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.251053, "energy": 74.334788, "activity_lines": [ 140.467998, 139.408362, 138.490285, 137.809892 ] }, { "date": "2025-12-26", "close": 142.520004, "volume": 94, "typical_volume": 1250.75, "trend": 137.061333, "fair_value": 121.347307, "relative_strength": 3.642796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.544806, "energy": 78.513519, "activity_lines": [ 141.488, 140.060727, 138.927714, 138.178495 ] }, { "date": "2026-01-02", "close": 144.220001, "volume": 92, "typical_volume": 1246.1, "trend": 137.356667, "fair_value": 121.596154, "relative_strength": 3.615906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.439987, "energy": 87.969088, "activity_lines": [ 142.566668, 140.936364, 139.499809, 138.640344 ] }, { "date": "2026-01-09", "close": 146.979996, "volume": 81, "typical_volume": 1234.8, "trend": 137.804667, "fair_value": 121.843718, "relative_strength": 3.378417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.127744, "energy": 94.67591, "activity_lines": [ 144.267999, 142.235636, 140.304952, 139.261204 ] }, { "date": "2026-01-16", "close": 147.559998, "volume": 12429, "typical_volume": 1824.05, "trend": 138.328, "fair_value": 122.091795, "relative_strength": 4.86525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.558803, "energy": 94.095611, "activity_lines": [ 145.713332, 143.498908, 141.131904, 139.89058 ] }, { "date": "2026-01-23", "close": 146.039993, "volume": 25, "typical_volume": 1791.8, "trend": 138.755333, "fair_value": 122.32282, "relative_strength": 5.01574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.696435, "energy": 86.715734, "activity_lines": [ 146.155997, 144.29018, 141.76238, 140.388128 ] }, { "date": "2026-01-30", "close": 146.820007, "volume": 625, "typical_volume": 1647.45, "trend": 139.180667, "fair_value": 122.54641, "relative_strength": 5.570347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.731658, "energy": 83.963994, "activity_lines": [ 146.608, 145.082545, 142.412666, 140.90843 ] }, { "date": "2026-02-06", "close": 148.199997, "volume": 706, "typical_volume": 1673.55, "trend": 139.571333, "fair_value": 122.782179, "relative_strength": 4.461115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.813001, "energy": 78.105567, "activity_lines": [ 147.233332, 145.90909, 143.145809, 141.490322 ] }, { "date": "2026-02-13", "close": 149.600006, "volume": 97, "typical_volume": 1670.7, "trend": 140.036667, "fair_value": 123.026923, "relative_strength": 4.742999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.266055, "energy": 73.20129, "activity_lines": [ 148.060002, 146.836728, 143.954, 142.137333 ] }, { "date": "2026-02-20", "close": 151.479996, "volume": 37, "typical_volume": 1664.7, "trend": 140.500667, "fair_value": 123.280384, "relative_strength": 3.316023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.298956, "energy": 92.356723, "activity_lines": [ 149.338667, 147.936, 144.869619, 142.875613 ] }, { "date": "2026-02-27", "close": 152.199997, "volume": 359, "typical_volume": 1677.3, "trend": 141.138667, "fair_value": 123.53423, "relative_strength": 2.840896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.719908, "energy": 94.784589, "activity_lines": [ 150.595999, 148.959636, 145.792571, 143.630408 ] }, { "date": "2026-03-06", "close": 145.220001, "volume": 25, "typical_volume": 1672.05, "trend": 141.419333, "fair_value": 123.766282, "relative_strength": 5.10039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.650063, "energy": 64.830625, "activity_lines": [ 149.115999, 148.533818, 145.980476, 143.89372 ] }, { "date": "2026-03-13", "close": 141.919998, "volume": 698, "typical_volume": 1696.55, "trend": 141.551333, "fair_value": 123.99141, "relative_strength": 3.549203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.235881, "energy": 30.934458, "activity_lines": [ 146.642666, 147.458908, 145.818761, 143.926021 ] }, { "date": "2026-03-20", "close": 136.860001, "volume": 926, "typical_volume": 1739.35, "trend": 141.448, "fair_value": 124.192436, "relative_strength": 2.882345, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -8.743802, "energy": 27.537884, "activity_lines": [ 142.901333, 145.505818, 145.165618, 143.623354 ] }, { "date": "2026-03-27", "close": 137.320007, "volume": 1772, "typical_volume": 1753.7, "trend": 141.468667, "fair_value": 124.374487, "relative_strength": 2.565222, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.540884, "energy": 47.437536, "activity_lines": [ 140.162669, 143.820365, 144.567429, 143.357032 ] }, { "date": "2026-04-03", "close": 139.220001, "volume": 1897, "typical_volume": 1836.8, "trend": 141.622666, "fair_value": 124.569872, "relative_strength": 0.447496, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.582983, "energy": 44.396992, "activity_lines": [ 139.001336, 142.666547, 144.147715, 143.211957 ] }, { "date": "2026-04-10", "close": 147.440002, "volume": 11099, "typical_volume": 2382.15, "trend": 141.983333, "fair_value": 124.80859, "relative_strength": 2.395201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.171869, "energy": 24.875073, "activity_lines": [ 141.445336, 143.131274, 144.506477, 143.587269 ] }, { "date": "2026-04-17", "close": 152.139999, "volume": 803, "typical_volume": 2047.6, "trend": 142.522666, "fair_value": 125.075384, "relative_strength": 3.440122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.000632, "energy": 24.835991, "activity_lines": [ 145.308001, 144.439274, 145.253143, 144.242538 ] }, { "date": "2026-04-24", "close": 147.899994, "volume": 9831, "typical_volume": 2514.3, "trend": 142.967333, "fair_value": 125.310384, "relative_strength": 3.694228, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.569739, "energy": 36.615772, "activity_lines": [ 147.075999, 144.904727, 145.537047, 144.589462 ] }, { "date": "2026-05-01", "close": 147.899994, "volume": 205, "typical_volume": 2165.35, "trend": 143.276666, "fair_value": 125.55141, "relative_strength": 4.080738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.207417, "energy": 42.913449, "activity_lines": [ 148.107997, 145.40109, 145.784475, 144.907698 ] }, { "date": "2026-05-08", "close": 149.059998, "volume": 189, "typical_volume": 2099.5, "trend": 143.663999, "fair_value": 125.795513, "relative_strength": 4.744543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.8512, "energy": 49.99576, "activity_lines": [ 148.82133, 146.173453, 146.105332, 145.280816 ] }, { "date": "2026-05-15", "close": 147.259995, "volume": 8800, "typical_volume": 2534.8, "trend": 143.979332, "fair_value": 126.024102, "relative_strength": 5.384623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.626812, "energy": 50.816667, "activity_lines": [ 148.278662, 146.675634, 146.222475, 145.512816 ] }, { "date": "2026-05-22", "close": 151.339996, "volume": 1420, "typical_volume": 2601.2, "trend": 144.359999, "fair_value": 126.293461, "relative_strength": 5.977027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.39761, "energy": 45.87509, "activity_lines": [ 149.107996, 147.882543, 146.705617, 145.987698 ] }, { "date": "2026-05-29", "close": 152.880005, "volume": 89, "typical_volume": 2601.6, "trend": 144.815999, "fair_value": 126.565, "relative_strength": 6.022636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.638019, "energy": 50.151477, "activity_lines": [ 150.503999, 149.19818, 147.301523, 146.537375 ] }, { "date": "2026-06-05", "close": 151.020004, "volume": 20, "typical_volume": 1981.15, "trend": 145.289999, "fair_value": 126.825641, "relative_strength": 4.170491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.349817, "energy": 49.879899, "activity_lines": [ 150.948001, 149.884363, 147.69219, 146.937634 ] }, { "date": "2026-06-12", "close": 152.600006, "volume": 1073, "typical_volume": 2033.55, "trend": 145.766666, "fair_value": 127.088333, "relative_strength": 3.487485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.863956, "energy": 66.036649, "activity_lines": [ 151.71067, 150.608728, 148.216857, 147.409247 ] }, { "date": "2026-06-19", "close": 153.279999, "volume": 25, "typical_volume": 2003.55, "trend": 146.379333, "fair_value": 127.376666, "relative_strength": 2.988349, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.625846, "energy": 72.694396, "activity_lines": [ 152.464002, 151.213455, 148.775048, 147.893978 ] }, { "date": "2026-06-26", "close": 152.979996, "volume": 209, "typical_volume": 1978.7, "trend": 146.82, "fair_value": 127.654743, "relative_strength": 3.127655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.371096, "energy": 72.15871, "activity_lines": [ 152.716, 151.657454, 149.273904, 148.319828 ] }, { "date": "2026-07-03", "close": 156.720001, "volume": 116, "typical_volume": 1979.65, "trend": 147.369333, "fair_value": 127.972564, "relative_strength": 4.005843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.917412, "energy": 83.231684, "activity_lines": [ 154.105333, 152.766182, 150.10619, 148.958537 ] }, { "date": "2026-07-10", "close": 153.779999, "volume": 223, "typical_volume": 1988.95, "trend": 147.824666, "fair_value": 128.248846, "relative_strength": 4.010268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.445334, "energy": 77.239156, "activity_lines": [ 154.258666, 153.18, 150.624571, 149.372129 ] }, { "date": "2026-07-17", "close": 156.100006, "volume": 14, "typical_volume": 1971.7, "trend": 148.285333, "fair_value": 128.53141, "relative_strength": 5.423611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.297989, "energy": 83.305061, "activity_lines": [ 155.001335, 153.908729, 151.352953, 149.906022 ] }, { "date": "2026-07-24", "close": 155.899994, "volume": 592, "typical_volume": 2000.05, "trend": 148.731333, "fair_value": 128.800769, "relative_strength": 4.747029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.941788, "energy": 81.131936, "activity_lines": [ 155.443999, 154.473091, 152.043714, 150.39729 ] }, { "date": "2026-07-31", "close": 158.179993, "volume": 128, "typical_volume": 1971.55, "trend": 149.196666, "fair_value": 129.102436, "relative_strength": 4.455443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.241947, "energy": 79.260149, "activity_lines": [ 156.471997, 155.294908, 152.900761, 151.006881 ] }, { "date": "2026-08-07", "close": 161.300003, "volume": 101, "typical_volume": 1930.3, "trend": 149.674, "fair_value": 129.431025, "relative_strength": 3.91224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.744179, "energy": 91.80095, "activity_lines": [ 158.193332, 156.559636, 153.977523, 151.787741 ] } ], "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." } } }