{ "ticker": { "uuid": "a8f48718-0b01-49b0-abbe-1481d95085ef", "symbol": "IUSA", "name": "iShares Core S&P 500 UCITS ETF USD Dist", "exchange": "EBS", "country": "CH", "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": "^SSMI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 84.756, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.665, "architecture_energy": 61.756, "architecture_maturity": 59.878, "architecture_confidence": 70.151, "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": 31.7, "rotation_up": 53.66, "upward_expansion": 80.6, "deceleration": 68.14, "rotation_down": 27.56, "downward_expansion": 9.6 }, "activity_lines": [ 75.178, 74.783415, 74.117576, 72.711741 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 77.07, "trend_reference": 71.117539, "distance_from_trend": 0.083699, "trend_direction": "Improving", "fair_value": 58.230867, "distance_from_fair_value": 0.323525, "fair_value_direction": "Improving", "relative_strength": 0.625953, "relative_strength_direction": "Weakening", "price_momentum": 0.124015, "excess_performance": 0.041132, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083699, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0337, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.323525, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.001253, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.00626, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.074794, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.124015, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.803125, "read": "Demand-led" } ], "volume": { "latest": 179663, "relative_activity": 1.236179, "balance": 1.803125, "dry_up": 1.493568, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.018187, "annualized_volatility": 0.136, "from_high_reference": -0.006958, "from_low_reference": 0.226833 }, "levels": { "trend_reference": 71.117539, "fair_value_reference": 58.230867, "structural_low": 63.48, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": 0.01615, "positive_rate": 0.775, "directional_follow_through": 0.775, "median_excess_return": 0.004857, "regime_survival": 0.8, "best_return": 0.063052, "worst_return": -0.10276, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.049034, "positive_rate": 0.846154, "directional_follow_through": 0.846154, "median_excess_return": 0.02803, "regime_survival": 0.615385, "best_return": 0.127661, "worst_return": -0.058432, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.094681, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.009779, "regime_survival": 0.625, "best_return": 0.174262, "worst_return": -0.158349, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.171796, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.067258, "regime_survival": 0.5, "best_return": 0.29143, "worst_return": -0.091892, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.012319, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.090007, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.04969, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.024743, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": -0.01302, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.075404, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.128127, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.021151, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": 0.044388, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-02-13", "tenure": "Extended", "return": 0.095656, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.051348, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.06722, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": 0.002565, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.049034, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 42.250202, "volume": 105021, "typical_volume": 227537.9, "trend": 40.610202, "fair_value": 38.93315, "relative_strength": 10.061225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.261812, "energy": 46.0031, "activity_lines": [ 43.115678, 43.205033, 42.462326, 41.631179 ] }, { "date": "2023-08-25", "close": 42.337528, "volume": 138014, "typical_volume": 223614.0, "trend": 40.7495, "fair_value": 38.996159, "relative_strength": 8.940073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.590513, "energy": 28.804308, "activity_lines": [ 42.757975, 43.065138, 42.527591, 41.742619 ] }, { "date": "2023-09-01", "close": 43.705601, "volume": 141062, "typical_volume": 223706.75, "trend": 40.870971, "fair_value": 39.074728, "relative_strength": 10.998978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.413027, "energy": 31.521011, "activity_lines": [ 42.964641, 43.182893, 42.708511, 41.933335 ] }, { "date": "2023-09-08", "close": 43.254429, "volume": 135603, "typical_volume": 223105.25, "trend": 41.006789, "fair_value": 39.151003, "relative_strength": 10.882157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.13814, "energy": 26.81168, "activity_lines": [ 43.048085, 43.188185, 42.827979, 42.087107 ] }, { "date": "2023-09-15", "close": 43.269798, "volume": 88273, "typical_volume": 222755.3, "trend": 41.150186, "fair_value": 39.229365, "relative_strength": 8.223289, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.589651, "energy": 33.842275, "activity_lines": [ 43.160584, 43.189921, 42.932232, 42.233108 ] }, { "date": "2023-09-22", "close": 42.18441, "volume": 91079, "typical_volume": 222383.0, "trend": 41.290321, "fair_value": 39.305212, "relative_strength": 7.058584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.255581, "energy": 26.438879, "activity_lines": [ 42.900884, 42.98195, 42.916776, 42.299832 ] }, { "date": "2023-09-29", "close": 41.795029, "volume": 203990, "typical_volume": 227753.25, "trend": 41.397726, "fair_value": 39.372679, "relative_strength": 6.338146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.847847, "energy": 9.639126, "activity_lines": [ 42.515776, 42.730047, 42.851225, 42.332393 ] }, { "date": "2023-10-06", "close": 41.337509, "volume": 127640, "typical_volume": 216401.45, "trend": 41.529222, "fair_value": 39.43085, "relative_strength": 6.157129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.772663, "energy": 20.581043, "activity_lines": [ 42.014328, 42.434371, 42.732209, 42.328509 ] }, { "date": "2023-10-13", "close": 42.247681, "volume": 133430, "typical_volume": 210569.5, "trend": 41.681718, "fair_value": 39.492275, "relative_strength": 7.599822, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.526709, "energy": 21.912864, "activity_lines": [ 41.974143, 42.354646, 42.696585, 42.374861 ] }, { "date": "2023-10-20", "close": 41.079544, "volume": 184567, "typical_volume": 198900.65, "trend": 41.78609, "fair_value": 39.549032, "relative_strength": 9.854573, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.198281, "energy": 43.163169, "activity_lines": [ 41.611696, 42.087365, 42.541416, 42.336011 ] }, { "date": "2023-10-27", "close": 40.057423, "volume": 130001, "typical_volume": 191514.4, "trend": 41.81046, "fair_value": 39.610644, "relative_strength": 7.125916, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.850227, "energy": 62.006037, "activity_lines": [ 41.054559, 41.671229, 42.289923, 42.224484 ] }, { "date": "2023-11-03", "close": 42.237949, "volume": 403251, "typical_volume": 200437.35, "trend": 41.90961, "fair_value": 39.671615, "relative_strength": 9.821593, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.448054, "energy": 28.225635, "activity_lines": [ 41.366063, 41.69142, 42.253831, 42.252064 ] }, { "date": "2023-11-10", "close": 42.340153, "volume": 98142, "typical_volume": 197842.7, "trend": 41.993472, "fair_value": 39.73, "relative_strength": 9.98962, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.627681, "energy": 21.923284, "activity_lines": [ 41.682107, 41.732005, 42.230279, 42.279841 ] }, { "date": "2023-11-17", "close": 43.737061, "volume": 282464, "typical_volume": 194500.45, "trend": 42.126315, "fair_value": 39.796259, "relative_strength": 11.313969, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.813005, "energy": 14.24369, "activity_lines": [ 42.396944, 42.051399, 42.338299, 42.39233 ] }, { "date": "2023-11-24", "close": 44.23838, "volume": 306993, "typical_volume": 172960.5, "trend": 42.272968, "fair_value": 39.86162, "relative_strength": 10.763308, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.100226, "energy": 42.116199, "activity_lines": [ 43.179595, 42.453167, 42.490101, 42.528593 ] }, { "date": "2023-12-01", "close": 44.452545, "volume": 174500, "typical_volume": 173038.05, "trend": 42.439653, "fair_value": 39.925651, "relative_strength": 10.86304, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.756825, "energy": 67.044332, "activity_lines": [ 43.823046, 42.876264, 42.65445, 42.669211 ] }, { "date": "2023-12-08", "close": 44.564484, "volume": 210978, "typical_volume": 175466.55, "trend": 42.601205, "fair_value": 39.992255, "relative_strength": 8.95537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.547743, "energy": 79.948902, "activity_lines": [ 44.210801, 43.278474, 42.825695, 42.806296 ] }, { "date": "2023-12-15", "close": 45.903091, "volume": 379377, "typical_volume": 184480.05, "trend": 42.776434, "fair_value": 40.064519, "relative_strength": 10.629556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.235271, "energy": 88.917901, "activity_lines": [ 44.889656, 43.873714, 43.121561, 43.019321 ] }, { "date": "2023-12-22", "close": 46.298595, "volume": 384987, "typical_volume": 196501.0, "trend": 42.969521, "fair_value": 40.139167, "relative_strength": 11.537431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.326244, "energy": 93.00281, "activity_lines": [ 45.462817, 44.457853, 43.44657, 43.246557 ] }, { "date": "2023-12-29", "close": 46.327888, "volume": 111972, "typical_volume": 191567.2, "trend": 43.137315, "fair_value": 40.211865, "relative_strength": 11.329939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.900482, "energy": 91.66985, "activity_lines": [ 45.874974, 44.973664, 43.761582, 43.463226 ] }, { "date": "2024-01-05", "close": 45.79567, "volume": 167727, "typical_volume": 194702.5, "trend": 43.274475, "fair_value": 40.276846, "relative_strength": 9.14777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.850953, "energy": 87.045216, "activity_lines": [ 45.970424, 45.297285, 44.010602, 43.634733 ] }, { "date": "2024-01-12", "close": 46.493908, "volume": 360014, "typical_volume": 205802.5, "trend": 43.396689, "fair_value": 40.34841, "relative_strength": 9.982572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.660487, "energy": 87.613207, "activity_lines": [ 46.209078, 45.643526, 44.309237, 43.842438 ] }, { "date": "2024-01-19", "close": 46.718513, "volume": 281411, "typical_volume": 212819.95, "trend": 43.552909, "fair_value": 40.41762, "relative_strength": 10.806752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.632587, "energy": 82.129066, "activity_lines": [ 46.393972, 45.953224, 44.609471, 44.05675 ] }, { "date": "2024-01-26", "close": 47.685307, "volume": 352949, "typical_volume": 223687.25, "trend": 43.712248, "fair_value": 40.498929, "relative_strength": 10.261098, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.360363, "energy": 84.74672, "activity_lines": [ 46.846769, 46.359095, 44.987433, 44.323356 ] }, { "date": "2024-02-02", "close": 48.105228, "volume": 224420, "typical_volume": 230494.6, "trend": 43.896095, "fair_value": 40.574197, "relative_strength": 12.294352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.328653, "energy": 93.91796, "activity_lines": [ 47.347093, 46.76953, 45.384289, 44.606774 ] }, { "date": "2024-02-09", "close": 48.759518, "volume": 461904, "typical_volume": 249035.85, "trend": 44.066015, "fair_value": 40.651281, "relative_strength": 14.833912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.856219, "energy": 94.71843, "activity_lines": [ 47.947024, 47.22862, 45.820431, 44.920543 ] }, { "date": "2024-02-16", "close": 48.993889, "volume": 194039, "typical_volume": 248538.3, "trend": 44.23372, "fair_value": 40.729386, "relative_strength": 12.659181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.394823, "energy": 94.475003, "activity_lines": [ 48.427489, 47.652014, 46.247585, 45.238471 ] }, { "date": "2024-02-23", "close": 49.706783, "volume": 138662, "typical_volume": 249089.4, "trend": 44.420176, "fair_value": 40.818112, "relative_strength": 11.928881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.77831, "energy": 95.136167, "activity_lines": [ 48.978919, 48.124491, 46.708353, 45.591571 ] }, { "date": "2024-03-01", "close": 49.814194, "volume": 176248, "typical_volume": 251230.3, "trend": 44.626868, "fair_value": 40.912948, "relative_strength": 11.705233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.568999, "energy": 89.736228, "activity_lines": [ 49.366936, 48.547339, 47.139498, 45.939573 ] }, { "date": "2024-03-08", "close": 50.253647, "volume": 150592, "typical_volume": 249531.55, "trend": 44.864865, "fair_value": 40.999299, "relative_strength": 10.746447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.250003, "energy": 83.494687, "activity_lines": [ 49.75951, 48.986167, 47.576463, 46.302591 ] }, { "date": "2024-03-15", "close": 49.823048, "volume": 158604, "typical_volume": 250961.7, "trend": 45.117293, "fair_value": 41.08289, "relative_strength": 9.138332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.329098, "energy": 68.268965, "activity_lines": [ 49.865324, 49.275328, 47.928734, 46.622473 ] }, { "date": "2024-03-22", "close": 51.037525, "volume": 89648, "typical_volume": 235281.55, "trend": 45.407293, "fair_value": 41.1733, "relative_strength": 11.584853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.066101, "energy": 73.783177, "activity_lines": [ 50.305062, 49.712077, 48.350165, 47.004424 ] }, { "date": "2024-03-29", "close": 51.223621, "volume": 130389, "typical_volume": 236893.9, "trend": 45.657894, "fair_value": 41.260764, "relative_strength": 10.794609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.537817, "energy": 72.498763, "activity_lines": [ 50.670589, 50.100051, 48.747418, 47.379671 ] }, { "date": "2024-04-05", "close": 50.635963, "volume": 104650, "typical_volume": 228003.2, "trend": 45.903945, "fair_value": 41.338481, "relative_strength": 11.265801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.451927, "energy": 66.573103, "activity_lines": [ 50.739108, 50.299267, 49.0464, 47.700837 ] }, { "date": "2024-04-12", "close": 50.146255, "volume": 144743, "typical_volume": 219890.7, "trend": 46.13316, "fair_value": 41.408588, "relative_strength": 10.832744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.740498, "energy": 65.323666, "activity_lines": [ 50.589606, 50.355796, 49.265892, 47.974534 ] }, { "date": "2024-04-19", "close": 48.721199, "volume": 263821, "typical_volume": 224356.75, "trend": 46.351053, "fair_value": 41.469681, "relative_strength": 8.034771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.907528, "energy": 50.061355, "activity_lines": [ 49.972245, 50.116115, 49.321532, 48.141504 ] }, { "date": "2024-04-26", "close": 49.715313, "volume": 403024, "typical_volume": 233959.05, "trend": 46.615063, "fair_value": 41.536693, "relative_strength": 9.300074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.317019, "energy": 35.883247, "activity_lines": [ 49.759712, 50.057879, 49.451522, 48.358553 ] }, { "date": "2024-05-03", "close": 49.803459, "volume": 252972, "typical_volume": 227638.8, "trend": 46.897261, "fair_value": 41.601008, "relative_strength": 9.659305, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.890832, "energy": 26.142142, "activity_lines": [ 49.664708, 50.002553, 49.565379, 48.564256 ] }, { "date": "2024-05-10", "close": 50.949379, "volume": 156257, "typical_volume": 216202.3, "trend": 47.187318, "fair_value": 41.676776, "relative_strength": 7.133528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.45259, "energy": 35.663027, "activity_lines": [ 50.046355, 50.153818, 49.769799, 48.825683 ] }, { "date": "2024-05-17", "close": 51.742714, "volume": 123857, "typical_volume": 216796.55, "trend": 47.542757, "fair_value": 41.757087, "relative_strength": 5.837074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.288396, "energy": 56.516257, "activity_lines": [ 50.671553, 50.428685, 50.027627, 49.11958 ] }, { "date": "2024-05-24", "close": 51.860245, "volume": 187229, "typical_volume": 217771.65, "trend": 47.936184, "fair_value": 41.835704, "relative_strength": 6.616583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.310027, "energy": 67.668269, "activity_lines": [ 51.229497, 50.697849, 50.270864, 49.398127 ] }, { "date": "2024-05-31", "close": 50.910206, "volume": 283662, "typical_volume": 213954.05, "trend": 48.225259, "fair_value": 41.907415, "relative_strength": 3.750165, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.943673, "energy": 64.088513, "activity_lines": [ 51.261491, 50.757237, 50.394742, 49.59 ] }, { "date": "2024-06-07", "close": 52.330368, "volume": 754970, "typical_volume": 237632.0, "trend": 48.558267, "fair_value": 41.987445, "relative_strength": 4.157208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.970892, "energy": 76.94266, "activity_lines": [ 51.687214, 51.077152, 50.632844, 49.854845 ] }, { "date": "2024-06-14", "close": 52.844196, "volume": 206224, "typical_volume": 230295.75, "trend": 48.861838, "fair_value": 42.074059, "relative_strength": 6.701898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.916428, "energy": 76.729442, "activity_lines": [ 52.115752, 51.470368, 50.893158, 50.131357 ] }, { "date": "2024-06-21", "close": 53.472713, "volume": 253997, "typical_volume": 231774.6, "trend": 49.169649, "fair_value": 42.158886, "relative_strength": 7.900038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.000118, "energy": 78.047066, "activity_lines": [ 52.627474, 51.93771, 51.188766, 50.428833 ] }, { "date": "2024-06-28", "close": 53.737865, "volume": 141407, "typical_volume": 215749.75, "trend": 49.479159, "fair_value": 42.241837, "relative_strength": 8.265586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.045507, "energy": 87.190629, "activity_lines": [ 53.112247, 52.39278, 51.484066, 50.723556 ] }, { "date": "2024-07-05", "close": 54.179783, "volume": 90041, "typical_volume": 210549.85, "trend": 49.799669, "fair_value": 42.326289, "relative_strength": 8.742665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.193661, "energy": 89.030537, "activity_lines": [ 53.619152, 52.836987, 51.797747, 51.026822 ] }, { "date": "2024-07-12", "close": 55.122562, "volume": 166381, "typical_volume": 211935.8, "trend": 50.106985, "fair_value": 42.417269, "relative_strength": 7.160261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.374535, "energy": 92.525381, "activity_lines": [ 54.222344, 53.371436, 52.176522, 51.370235 ] }, { "date": "2024-07-19", "close": 54.01284, "volume": 262742, "typical_volume": 216260.5, "trend": 50.364127, "fair_value": 42.498772, "relative_strength": 6.403817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.460064, "energy": 80.838885, "activity_lines": [ 54.269483, 53.607406, 52.42382, 51.622225 ] }, { "date": "2024-07-26", "close": 53.305767, "volume": 179909, "typical_volume": 217726.35, "trend": 50.596723, "fair_value": 42.575167, "relative_strength": 4.207612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.678627, "energy": 60.782286, "activity_lines": [ 54.003021, 53.659118, 52.583784, 51.812009 ] }, { "date": "2024-08-02", "close": 52.019279, "volume": 156750, "typical_volume": 217633.65, "trend": 50.804176, "fair_value": 42.641134, "relative_strength": 4.60956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.414427, "energy": 40.127453, "activity_lines": [ 53.318859, 53.448505, 52.606691, 51.903787 ] }, { "date": "2024-08-09", "close": 52.117481, "volume": 496463, "typical_volume": 237974.4, "trend": 50.991629, "fair_value": 42.70558, "relative_strength": 4.650651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.951493, "energy": 24.673583, "activity_lines": [ 52.782004, 53.252854, 52.628493, 51.988516 ] }, { "date": "2024-08-16", "close": 54.209251, "volume": 247202, "typical_volume": 243815.05, "trend": 51.24132, "fair_value": 42.785252, "relative_strength": 5.701964, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.266304, "energy": 27.685181, "activity_lines": [ 53.079893, 53.415575, 52.844369, 52.196104 ] }, { "date": "2024-08-23", "close": 55.093094, "volume": 258922, "typical_volume": 251528.65, "trend": 51.488246, "fair_value": 42.866228, "relative_strength": 5.755386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.125537, "energy": 38.463174, "activity_lines": [ 53.733283, 53.704833, 53.130202, 52.444606 ] }, { "date": "2024-08-30", "close": 54.877048, "volume": 155082, "typical_volume": 252045.6, "trend": 51.713973, "fair_value": 42.944032, "relative_strength": 4.363916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.918704, "energy": 49.209621, "activity_lines": [ 54.242641, 53.913922, 53.374235, 52.663238 ] }, { "date": "2024-09-06", "close": 53.443249, "volume": 192519, "typical_volume": 248480.5, "trend": 51.870098, "fair_value": 43.015552, "relative_strength": 5.887884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.446533, "energy": 46.035307, "activity_lines": [ 54.169313, 53.836786, 53.459189, 52.774805 ] }, { "date": "2024-09-13", "close": 55.187981, "volume": 124791, "typical_volume": 234568.85, "trend": 52.076568, "fair_value": 43.101028, "relative_strength": 7.820045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.904146, "energy": 58.274623, "activity_lines": [ 54.582632, 54.08223, 53.687821, 52.988862 ] }, { "date": "2024-09-20", "close": 55.778858, "volume": 234955, "typical_volume": 233668.0, "trend": 52.27897, "fair_value": 43.189531, "relative_strength": 9.49887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.292563, "energy": 62.545387, "activity_lines": [ 54.98821, 54.416776, 53.946667, 53.227719 ] }, { "date": "2024-09-27", "close": 56.35989, "volume": 1093073, "typical_volume": 280508.8, "trend": 52.49716, "fair_value": 43.289201, "relative_strength": 7.541607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.551749, "energy": 61.938042, "activity_lines": [ 55.482825, 54.845032, 54.232395, 53.491004 ] }, { "date": "2024-10-04", "close": 56.103848, "volume": 133421, "typical_volume": 280987.0, "trend": 52.692167, "fair_value": 43.382249, "relative_strength": 8.746592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.656734, "energy": 70.213897, "activity_lines": [ 55.807639, 55.18406, 54.467974, 53.723694 ] }, { "date": "2024-10-11", "close": 57.049252, "volume": 107348, "typical_volume": 276992.95, "trend": 52.93304, "fair_value": 43.47762, "relative_strength": 8.75197, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.47528, "energy": 76.46878, "activity_lines": [ 56.365801, 55.644107, 54.772824, 54.004796 ] }, { "date": "2024-10-18", "close": 57.531799, "volume": 202354, "typical_volume": 272927.55, "trend": 53.149516, "fair_value": 43.572044, "relative_strength": 7.801382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.137647, "energy": 80.932733, "activity_lines": [ 56.844412, 56.100435, 55.098922, 54.30149 ] }, { "date": "2024-10-25", "close": 57.334843, "volume": 107560, "typical_volume": 240557.05, "trend": 53.353223, "fair_value": 43.661469, "relative_strength": 8.293977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.423606, "energy": 78.884036, "activity_lines": [ 57.101117, 56.42251, 55.37473, 54.571511 ] }, { "date": "2024-11-01", "close": 56.468216, "volume": 521089, "typical_volume": 256300.3, "trend": 53.547632, "fair_value": 43.738474, "relative_strength": 8.241431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.07995, "energy": 67.931641, "activity_lines": [ 56.965213, 56.530188, 55.544172, 54.772478 ] }, { "date": "2024-11-08", "close": 58.88097, "volume": 202629, "typical_volume": 253731.9, "trend": 53.838789, "fair_value": 43.834073, "relative_strength": 13.995082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.797663, "energy": 77.450433, "activity_lines": [ 57.62634, 57.051547, 55.926142, 55.116565 ] }, { "date": "2024-11-15", "close": 57.758305, "volume": 364305, "typical_volume": 264876.8, "trend": 54.140026, "fair_value": 43.919105, "relative_strength": 13.019139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.637726, "energy": 61.694513, "activity_lines": [ 57.728103, 57.295986, 56.175438, 55.369437 ] }, { "date": "2024-11-22", "close": 58.516594, "volume": 372134, "typical_volume": 278981.45, "trend": 54.433402, "fair_value": 44.016318, "relative_strength": 13.169078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.955787, "energy": 61.533014, "activity_lines": [ 58.035358, 57.59984, 56.477808, 55.651796 ] }, { "date": "2024-11-29", "close": 59.2355, "volume": 417277, "typical_volume": 291526.25, "trend": 54.747803, "fair_value": 44.121815, "relative_strength": 13.623419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.961247, "energy": 77.547335, "activity_lines": [ 58.516596, 57.973884, 56.827993, 55.961609 ] }, { "date": "2024-12-06", "close": 59.865768, "volume": 430235, "typical_volume": 299900.9, "trend": 55.045016, "fair_value": 44.221784, "relative_strength": 14.148613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.45233, "energy": 85.690541, "activity_lines": [ 59.081213, 58.399674, 57.218618, 56.2918 ] }, { "date": "2024-12-13", "close": 59.41861, "volume": 504209, "typical_volume": 316115.9, "trend": 55.300879, "fair_value": 44.319885, "relative_strength": 13.650444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.095405, "energy": 86.067581, "activity_lines": [ 59.270274, 58.68042, 57.538786, 56.573967 ] }, { "date": "2024-12-20", "close": 58.480629, "volume": 612411, "typical_volume": 338898.95, "trend": 55.521559, "fair_value": 44.40777, "relative_strength": 14.412275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.870336, "energy": 65.765936, "activity_lines": [ 59.110832, 58.730355, 57.740513, 56.779113 ] }, { "date": "2024-12-27", "close": 58.628735, "volume": 154507, "typical_volume": 321801.15, "trend": 55.778843, "fair_value": 44.492218, "relative_strength": 12.246454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.321646, "energy": 53.49106, "activity_lines": [ 58.952604, 58.781193, 57.925577, 56.979576 ] }, { "date": "2025-01-03", "close": 58.253536, "volume": 67542, "typical_volume": 312818.15, "trend": 55.976282, "fair_value": 44.582028, "relative_strength": 10.761796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.233638, "energy": 37.846223, "activity_lines": [ 58.661833, 58.74387, 58.043903, 57.139233 ] }, { "date": "2025-01-10", "close": 57.226692, "volume": 179552, "typical_volume": 308849.65, "trend": 56.122365, "fair_value": 44.668119, "relative_strength": 6.936759, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.418855, "energy": 23.314968, "activity_lines": [ 58.094245, 58.503143, 58.045174, 57.219905 ] }, { "date": "2025-01-17", "close": 59.043415, "volume": 198027, "typical_volume": 310996.9, "trend": 56.308055, "fair_value": 44.774872, "relative_strength": 8.169668, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.514633, "energy": 24.221155, "activity_lines": [ 58.30817, 58.57894, 58.209308, 57.40836 ] }, { "date": "2025-01-24", "close": 60.149242, "volume": 127104, "typical_volume": 307726.15, "trend": 56.521768, "fair_value": 44.899009, "relative_strength": 7.210945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.590731, "energy": 38.145419, "activity_lines": [ 58.915717, 58.852842, 58.458918, 57.656178 ] }, { "date": "2025-01-31", "close": 60.070263, "volume": 177555, "typical_volume": 310364.35, "trend": 56.718117, "fair_value": 45.01274, "relative_strength": 4.222425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.888752, "energy": 43.589686, "activity_lines": [ 59.385697, 59.068914, 58.669073, 57.885113 ] }, { "date": "2025-02-07", "close": 59.458103, "volume": 269657, "typical_volume": 312099.45, "trend": 56.862635, "fair_value": 45.120842, "relative_strength": 3.050141, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.765565, "energy": 48.840478, "activity_lines": [ 59.555521, 59.145434, 58.797678, 58.061887 ] }, { "date": "2025-02-14", "close": 60.198616, "volume": 274062, "typical_volume": 271148.9, "trend": 57.068828, "fair_value": 45.242036, "relative_strength": 2.177326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.573417, "energy": 63.511464, "activity_lines": [ 59.891879, 59.352546, 58.979288, 58.277111 ] }, { "date": "2025-02-21", "close": 59.892532, "volume": 371200, "typical_volume": 283037.85, "trend": 57.288387, "fair_value": 45.360933, "relative_strength": 0.676809, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.7469, "energy": 54.940545, "activity_lines": [ 59.92808, 59.497955, 59.113468, 58.459286 ] }, { "date": "2025-02-28", "close": 57.986954, "volume": 604581, "typical_volume": 307899.5, "trend": 57.487309, "fair_value": 45.472032, "relative_strength": -2.996005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.868578, "energy": 21.038445, "activity_lines": [ 59.272481, 59.288278, 59.048122, 58.504354 ] }, { "date": "2025-03-07", "close": 56.367706, "volume": 374775, "typical_volume": 316520.55, "trend": 57.628983, "fair_value": 45.57406, "relative_strength": -6.223785, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -8.611756, "energy": 12.522892, "activity_lines": [ 58.221285, 58.793169, 58.824098, 58.432122 ] }, { "date": "2025-03-14", "close": 55.307076, "volume": 277149, "typical_volume": 325000.0, "trend": 57.665577, "fair_value": 45.659133, "relative_strength": -6.855214, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.465343, "energy": 37.428569, "activity_lines": [ 57.063383, 58.146327, 58.504604, 58.282321 ] }, { "date": "2025-03-21", "close": 55.633804, "volume": 1148811, "typical_volume": 356386.1, "trend": 57.683601, "fair_value": 45.740893, "relative_strength": -7.392834, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.471924, "energy": 48.138796, "activity_lines": [ 56.291125, 57.612462, 58.225883, 58.151239 ] }, { "date": "2025-03-28", "close": 55.148663, "volume": 587214, "typical_volume": 375615.35, "trend": 57.692655, "fair_value": 45.819023, "relative_strength": -6.492421, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.467574, "energy": 69.320068, "activity_lines": [ 55.661475, 57.019352, 57.904932, 57.987695 ] }, { "date": "2025-04-04", "close": 50.990231, "volume": 596553, "typical_volume": 387227.75, "trend": 57.610888, "fair_value": 45.871689, "relative_strength": -4.688352, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.082035, "energy": 91.2425, "activity_lines": [ 53.961938, 55.740976, 57.205712, 57.55528 ] }, { "date": "2025-04-11", "close": 51.85162, "volume": 918902, "typical_volume": 414566.15, "trend": 57.499676, "fair_value": 45.934153, "relative_strength": 0.361814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.270641, "energy": 85.122037, "activity_lines": [ 53.01598, 54.785744, 56.620758, 57.183715 ] }, { "date": "2025-04-18", "close": 52.168446, "volume": 125517, "typical_volume": 399978.15, "trend": 57.379329, "fair_value": 46.004392, "relative_strength": -2.737043, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.29614, "energy": 82.44918, "activity_lines": [ 52.476702, 54.037547, 56.097716, 56.839765 ] }, { "date": "2025-04-25", "close": 54.158554, "volume": 226456, "typical_volume": 389789.2, "trend": 57.305951, "fair_value": 46.094995, "relative_strength": -1.466287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.507641, "energy": 65.299663, "activity_lines": [ 52.810036, 53.783727, 55.797861, 56.631973 ] }, { "date": "2025-05-02", "close": 55.940742, "volume": 306823, "typical_volume": 379919.9, "trend": 57.300514, "fair_value": 46.200749, "relative_strength": -0.874042, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.908248, "energy": 42.917289, "activity_lines": [ 53.835782, 53.96376, 55.694916, 56.543895 ] }, { "date": "2025-05-09", "close": 55.871429, "volume": 355386, "typical_volume": 367068.65, "trend": 57.261253, "fair_value": 46.314155, "relative_strength": 0.246261, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.361385, "energy": 24.534368, "activity_lines": [ 54.785619, 54.203042, 55.60193, 56.451696 ] }, { "date": "2025-05-16", "close": 58.495201, "volume": 238859, "typical_volume": 371286.25, "trend": 57.293367, "fair_value": 46.453149, "relative_strength": 2.655701, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.778545, "energy": 20.393761, "activity_lines": [ 56.284633, 54.957837, 55.771252, 56.531305 ] }, { "date": "2025-05-23", "close": 57.109058, "volume": 386548, "typical_volume": 387236.55, "trend": 57.28584, "fair_value": 46.567951, "relative_strength": 1.202545, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.765525, "energy": 25.083955, "activity_lines": [ 56.878695, 55.421925, 55.809197, 56.519414 ] }, { "date": "2025-05-30", "close": 58.316986, "volume": 209748, "typical_volume": 388746.35, "trend": 57.347466, "fair_value": 46.691351, "relative_strength": 2.87765, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.256371, "energy": 28.710531, "activity_lines": [ 57.546024, 56.072872, 55.967632, 56.58594 ] }, { "date": "2025-06-06", "close": 59.237774, "volume": 136153, "typical_volume": 385652.65, "trend": 57.359359, "fair_value": 46.832905, "relative_strength": 3.104186, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.183607, "energy": 35.069257, "activity_lines": [ 58.243055, 56.842451, 56.208569, 56.707895 ] }, { "date": "2025-06-13", "close": 59.39534, "volume": 209668, "typical_volume": 389780.85, "trend": 57.413927, "fair_value": 46.989784, "relative_strength": 5.033638, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.301623, "energy": 48.233934, "activity_lines": [ 58.772805, 57.56633, 56.463587, 56.839249 ] }, { "date": "2025-06-20", "close": 59.097515, "volume": 98409, "typical_volume": 385823.55, "trend": 57.433291, "fair_value": 47.131845, "relative_strength": 6.693033, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.314043, "energy": 48.144255, "activity_lines": [ 58.968352, 58.083239, 56.693831, 56.947867 ] }, { "date": "2025-06-27", "close": 61.132626, "volume": 111247, "typical_volume": 377903.05, "trend": 57.496529, "fair_value": 47.29241, "relative_strength": 9.082707, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.44085, "energy": 57.174551, "activity_lines": [ 59.802116, 58.838425, 57.122527, 57.186534 ] }, { "date": "2025-07-04", "close": 61.718334, "volume": 256353, "typical_volume": 377017.6, "trend": 57.558281, "fair_value": 47.44934, "relative_strength": 9.910877, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.645812, "energy": 68.3099, "activity_lines": [ 60.562878, 59.537118, 57.599031, 57.458909 ] }, { "date": "2025-07-11", "close": 61.867249, "volume": 228092, "typical_volume": 369862.2, "trend": 57.639902, "fair_value": 47.612069, "relative_strength": 10.171627, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.275692, "energy": 87.113409, "activity_lines": [ 61.146522, 60.125436, 58.082481, 57.736907 ] }, { "date": "2025-07-18", "close": 62.234558, "volume": 179796, "typical_volume": 348622.95, "trend": 57.765033, "fair_value": 47.767586, "relative_strength": 10.064536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.089279, "energy": 89.848013, "activity_lines": [ 61.677304, 60.672782, 58.591508, 58.033336 ] }, { "date": "2025-07-25", "close": 63.018818, "volume": 132578, "typical_volume": 336513.1, "trend": 57.911369, "fair_value": 47.920741, "relative_strength": 11.289224, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.099032, "energy": 91.83873, "activity_lines": [ 62.280224, 61.247029, 59.155001, 58.37229 ] }, { "date": "2025-08-01", "close": 63.167732, "volume": 117596, "typical_volume": 328535.45, "trend": 58.075176, "fair_value": 48.073287, "relative_strength": 12.244704, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.345211, "energy": 91.06784, "activity_lines": [ 62.671363, 61.766102, 59.701004, 58.71141 ] }, { "date": "2025-08-08", "close": 63.058533, "volume": 264769, "typical_volume": 284333.35, "trend": 58.269571, "fair_value": 48.21897, "relative_strength": 11.34432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.240733, "energy": 87.845927, "activity_lines": [ 62.890427, 62.155164, 60.199175, 59.032917 ] }, { "date": "2025-08-15", "close": 63.902351, "volume": 151148, "typical_volume": 262530.05, "trend": 58.431535, "fair_value": 48.368866, "relative_strength": 10.519095, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.000754, "energy": 91.526129, "activity_lines": [ 63.301418, 62.611438, 60.742354, 59.396322 ] }, { "date": "2025-08-22", "close": 64.120758, "volume": 55314, "typical_volume": 235468.1, "trend": 58.563919, "fair_value": 48.528134, "relative_strength": 8.839325, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.029784, "energy": 89.234695, "activity_lines": [ 63.649538, 63.022611, 61.26465, 59.763369 ] }, { "date": "2025-08-29", "close": 63.942066, "volume": 62802, "typical_volume": 192663.1, "trend": 58.692979, "fair_value": 48.692726, "relative_strength": 8.860674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.101935, "energy": 81.708449, "activity_lines": [ 63.812348, 63.315378, 61.707401, 60.110346 ] }, { "date": "2025-09-05", "close": 64.03141, "volume": 167930, "typical_volume": 194783.75, "trend": 58.845423, "fair_value": 48.855193, "relative_strength": 7.106106, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.996466, "energy": 78.215263, "activity_lines": [ 63.943388, 63.536306, 62.101087, 60.454761 ] }, { "date": "2025-09-12", "close": 65.152222, "volume": 214716, "typical_volume": 194196.75, "trend": 59.010543, "fair_value": 49.036841, "relative_strength": 10.227617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.214554, "energy": 72.387092, "activity_lines": [ 64.390454, 63.908314, 62.545027, 60.861651 ] }, { "date": "2025-09-19", "close": 65.71946, "volume": 127397, "typical_volume": 185225.45, "trend": 59.204774, "fair_value": 49.232066, "relative_strength": 11.626787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.882407, "energy": 73.286641, "activity_lines": [ 64.887021, 64.321021, 62.990639, 61.294484 ] }, { "date": "2025-09-26", "close": 65.62989, "volume": 124684, "typical_volume": 173690.35, "trend": 59.459538, "fair_value": 49.428131, "relative_strength": 12.756423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.884715, "energy": 78.299788, "activity_lines": [ 65.232589, 64.647403, 63.381155, 61.709008 ] }, { "date": "2025-10-03", "close": 66.81411, "volume": 189008, "typical_volume": 171197.8, "trend": 59.807752, "fair_value": 49.632095, "relative_strength": 9.205373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.9167, "energy": 90.643423, "activity_lines": [ 65.87229, 65.127364, 63.837985, 62.183496 ] }, { "date": "2025-10-10", "close": 65.85878, "volume": 225991, "typical_volume": 163169.95, "trend": 60.159475, "fair_value": 49.828735, "relative_strength": 7.619527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.994321, "energy": 69.43581, "activity_lines": [ 66.002077, 65.364623, 64.164218, 62.573885 ] }, { "date": "2025-10-17", "close": 65.49057, "volume": 138624, "typical_volume": 159613.75, "trend": 60.488034, "fair_value": 50.023046, "relative_strength": 5.425816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.776318, "energy": 65.293834, "activity_lines": [ 65.887303, 65.486007, 64.413717, 62.917827 ] }, { "date": "2025-10-24", "close": 66.555374, "volume": 83892, "typical_volume": 157000.7, "trend": 60.868258, "fair_value": 50.212458, "relative_strength": 7.542163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.646018, "energy": 67.758298, "activity_lines": [ 66.104907, 65.756773, 64.730467, 63.309268 ] }, { "date": "2025-10-31", "close": 67.82917, "volume": 280303, "typical_volume": 160532.45, "trend": 61.429556, "fair_value": 50.41896, "relative_strength": 12.227791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.706039, "energy": 69.882888, "activity_lines": [ 66.691382, 66.210902, 65.133684, 63.758359 ] }, { "date": "2025-11-07", "close": 66.067757, "volume": 151460, "typical_volume": 163185.0, "trend": 61.903427, "fair_value": 50.59943, "relative_strength": 8.584756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.993651, "energy": 57.029568, "activity_lines": [ 66.5441, 66.277347, 65.328987, 64.057598 ] }, { "date": "2025-11-14", "close": 67.192268, "volume": 16974, "typical_volume": 158471.35, "trend": 62.404221, "fair_value": 50.787386, "relative_strength": 7.350161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.055797, "energy": 59.921646, "activity_lines": [ 66.821413, 66.509601, 65.598195, 64.398814 ] }, { "date": "2025-11-21", "close": 65.182076, "volume": 19377, "typical_volume": 146622.55, "trend": 62.771672, "fair_value": 50.95784, "relative_strength": 4.085163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.995478, "energy": 45.296019, "activity_lines": [ 66.339762, 66.318895, 65.6471, 64.57803 ] }, { "date": "2025-11-28", "close": 67.78936, "volume": 139078, "typical_volume": 142171.85, "trend": 63.166626, "fair_value": 51.143345, "relative_strength": 6.448868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.136768, "energy": 46.425046, "activity_lines": [ 66.747773, 66.601697, 65.927824, 64.901752 ] }, { "date": "2025-12-05", "close": 68.267029, "volume": 224879, "typical_volume": 144426.0, "trend": 63.579813, "fair_value": 51.337237, "relative_strength": 6.270385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.035217, "energy": 52.797263, "activity_lines": [ 67.23274, 66.933714, 66.22584, 65.23081 ] }, { "date": "2025-12-12", "close": 67.70887, "volume": 112493, "typical_volume": 143421.75, "trend": 63.886935, "fair_value": 51.535339, "relative_strength": 5.729979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.106756, "energy": 48.370569, "activity_lines": [ 67.502464, 67.1163, 66.441972, 65.497201 ] }, { "date": "2025-12-19", "close": 67.688927, "volume": 142220, "typical_volume": 144652.95, "trend": 64.239597, "fair_value": 51.733622, "relative_strength": 3.415994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.836898, "energy": 51.621592, "activity_lines": [ 67.656133, 67.278991, 66.63387, 65.742491 ] }, { "date": "2025-12-26", "close": 68.456978, "volume": 41330, "typical_volume": 133481.0, "trend": 64.577597, "fair_value": 51.937941, "relative_strength": 3.984602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.364752, "energy": 60.81366, "activity_lines": [ 68.032708, 67.548052, 66.877388, 66.01458 ] }, { "date": "2026-01-02", "close": 68.51683, "volume": 48941, "typical_volume": 128370.65, "trend": 64.886899, "fair_value": 52.139338, "relative_strength": 3.820548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.64118, "energy": 53.957636, "activity_lines": [ 68.210907, 67.774061, 67.100898, 66.268724 ] }, { "date": "2026-01-09", "close": 69.125298, "volume": 234870, "typical_volume": 137348.45, "trend": 65.211231, "fair_value": 52.337843, "relative_strength": 3.419263, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.764543, "energy": 58.54505, "activity_lines": [ 68.543431, 68.075038, 67.360384, 66.542169 ] }, { "date": "2026-01-16", "close": 69.105339, "volume": 109592, "typical_volume": 139687.95, "trend": 65.544825, "fair_value": 52.53622, "relative_strength": 3.36199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.34436, "energy": 66.100497, "activity_lines": [ 68.812084, 68.34882, 67.594138, 66.793402 ] }, { "date": "2026-01-23", "close": 68.836029, "volume": 139400, "typical_volume": 138261.45, "trend": 65.801605, "fair_value": 52.73287, "relative_strength": 4.908055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.737154, "energy": 53.142875, "activity_lines": [ 68.897869, 68.518407, 67.777656, 67.005738 ] }, { "date": "2026-01-30", "close": 68.875923, "volume": 158644, "typical_volume": 135457.85, "trend": 66.040191, "fair_value": 52.917578, "relative_strength": 4.458783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.915593, "energy": 49.322117, "activity_lines": [ 68.920478, 68.665362, 67.942095, 67.204081 ] }, { "date": "2026-02-06", "close": 68.566704, "volume": 209014, "typical_volume": 139538.7, "trend": 66.263506, "fair_value": 53.105955, "relative_strength": 1.955065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.886476, "energy": 42.310599, "activity_lines": [ 68.812085, 68.688934, 68.059352, 67.367082 ] }, { "date": "2026-02-13", "close": 68.18766, "volume": 290321, "typical_volume": 147820.55, "trend": 66.461943, "fair_value": 53.293261, "relative_strength": 0.006538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.135897, "energy": 29.379032, "activity_lines": [ 68.574019, 68.629455, 68.126952, 67.491221 ] }, { "date": "2026-02-20", "close": 68.676422, "volume": 114797, "typical_volume": 144110.0, "trend": 66.65053, "fair_value": 53.490031, "relative_strength": -1.284361, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.172915, "energy": 27.169208, "activity_lines": [ 68.561382, 68.660285, 68.22892, 67.63409 ] }, { "date": "2026-02-27", "close": 68.397133, "volume": 172495, "typical_volume": 141435.2, "trend": 66.824843, "fair_value": 53.681212, "relative_strength": -2.926719, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.426265, "energy": 22.910819, "activity_lines": [ 68.484244, 68.622744, 68.295422, 67.746774 ] }, { "date": "2026-03-06", "close": 67.848518, "volume": 156046, "typical_volume": 142306.3, "trend": 66.984509, "fair_value": 53.876442, "relative_strength": 2.708461, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.679547, "energy": 17.056741, "activity_lines": [ 68.253494, 68.472578, 68.297587, 67.812818 ] }, { "date": "2026-03-13", "close": 66.29245, "volume": 227917, "typical_volume": 149507.55, "trend": 67.064179, "fair_value": 54.059901, "relative_strength": 2.013204, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.469396, "energy": 14.784598, "activity_lines": [ 67.572548, 68.050553, 68.140326, 67.768169 ] }, { "date": "2026-03-20", "close": 65.150002, "volume": 445366, "typical_volume": 157760.7, "trend": 67.098488, "fair_value": 54.234271, "relative_strength": 4.063977, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.850864, "energy": 43.051546, "activity_lines": [ 66.662403, 67.461254, 67.875514, 67.644673 ] }, { "date": "2026-03-27", "close": 63.82, "volume": 172806, "typical_volume": 158828.0, "trend": 67.094419, "fair_value": 54.391282, "relative_strength": -0.376803, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.045925, "energy": 67.347188, "activity_lines": [ 65.511435, 66.702414, 67.496792, 67.433158 ] }, { "date": "2026-04-03", "close": 65.480003, "volume": 161315, "typical_volume": 166045.05, "trend": 67.142705, "fair_value": 54.559336, "relative_strength": -1.275508, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.180087, "energy": 64.095732, "activity_lines": [ 65.237563, 66.34149, 67.286869, 67.329002 ] }, { "date": "2026-04-10", "close": 68.110001, "volume": 292978, "typical_volume": 179725.1, "trend": 67.241298, "fair_value": 54.740655, "relative_strength": 0.911544, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.948357, "energy": 41.596107, "activity_lines": [ 66.034831, 66.519767, 67.335576, 67.391408 ] }, { "date": "2026-04-17", "close": 71.110001, "volume": 111499, "typical_volume": 178346.15, "trend": 67.420982, "fair_value": 54.941669, "relative_strength": 3.127554, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.417836, "energy": 17.435607, "activity_lines": [ 67.814668, 67.257423, 67.656055, 67.641002 ] }, { "date": "2026-04-24", "close": 70.963142, "volume": 176415, "typical_volume": 175922.95, "trend": 67.598757, "fair_value": 55.141184, "relative_strength": 4.588876, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.310163, "energy": 46.638196, "activity_lines": [ 69.224382, 67.922137, 67.946735, 67.869529 ] }, { "date": "2026-05-01", "close": 71.292404, "volume": 195262, "typical_volume": 180061.4, "trend": 67.748034, "fair_value": 55.345289, "relative_strength": 5.003716, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.96332, "energy": 59.232558, "activity_lines": [ 70.356306, 68.596252, 68.255934, 68.107828 ] }, { "date": "2026-05-08", "close": 73.467598, "volume": 108417, "typical_volume": 178371.25, "trend": 68.001661, "fair_value": 55.561634, "relative_strength": 8.105394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.304274, "energy": 89.292755, "activity_lines": [ 71.715136, 69.618295, 68.75523, 68.476833 ] }, { "date": "2026-05-15", "close": 73.936562, "volume": 95681, "typical_volume": 181088.8, "trend": 68.283194, "fair_value": 55.775033, "relative_strength": 7.472839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.262574, "energy": 92.554384, "activity_lines": [ 72.69778, 70.633413, 69.271672, 68.859729 ] }, { "date": "2026-05-22", "close": 74.385574, "volume": 257481, "typical_volume": 191515.8, "trend": 68.544201, "fair_value": 55.99221, "relative_strength": 5.536501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.279193, "energy": 92.327319, "activity_lines": [ 73.441657, 71.619478, 69.804784, 69.253431 ] }, { "date": "2026-05-29", "close": 75.473167, "volume": 170004, "typical_volume": 188272.5, "trend": 68.799001, "fair_value": 56.211307, "relative_strength": 6.452496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.780617, "energy": 93.347911, "activity_lines": [ 74.329694, 72.656139, 70.413529, 69.700461 ] }, { "date": "2026-06-05", "close": 74.545219, "volume": 27041, "typical_volume": 184144.95, "trend": 69.081583, "fair_value": 56.421976, "relative_strength": 6.053505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.888449, "energy": 86.381203, "activity_lines": [ 74.607747, 73.336389, 70.903671, 70.071185 ] }, { "date": "2026-06-12", "close": 74.046318, "volume": 28720, "typical_volume": 178610.95, "trend": 69.310051, "fair_value": 56.622096, "relative_strength": 2.693778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.077465, "energy": 76.534998, "activity_lines": [ 74.502645, 73.730926, 71.320394, 70.391491 ] }, { "date": "2026-06-19", "close": 74.550003, "volume": 11975, "typical_volume": 171277.5, "trend": 69.622315, "fair_value": 56.830546, "relative_strength": 2.733832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.041029, "energy": 68.892474, "activity_lines": [ 74.526857, 74.06129, 71.760276, 70.729552 ] }, { "date": "2026-06-26", "close": 72.919998, "volume": 28037, "typical_volume": 162228.65, "trend": 69.793337, "fair_value": 57.022949, "relative_strength": -2.354305, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.436897, "energy": 52.594763, "activity_lines": [ 73.966837, 73.978199, 72.0179, 70.942306 ] }, { "date": "2026-07-03", "close": 74.709999, "volume": 7459, "typical_volume": 148085.55, "trend": 70.008102, "fair_value": 57.228847, "relative_strength": -1.71066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.711523, "energy": 52.616757, "activity_lines": [ 74.10119, 74.187654, 72.425271, 71.25951 ] }, { "date": "2026-07-10", "close": 75.260002, "volume": 193373, "typical_volume": 152014.35, "trend": 70.259807, "fair_value": 57.431399, "relative_strength": 0.290401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.683271, "energy": 61.193443, "activity_lines": [ 74.469755, 74.428984, 72.853964, 71.598342 ] }, { "date": "2026-07-17", "close": 74.449997, "volume": 439802, "typical_volume": 165379.7, "trend": 70.485176, "fair_value": 57.62683, "relative_strength": -1.539083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.356451, "energy": 57.541218, "activity_lines": [ 74.520666, 74.450903, 73.174163, 71.868677 ] }, { "date": "2026-07-24", "close": 73.839996, "volume": 78605, "typical_volume": 161507.65, "trend": 70.66461, "fair_value": 57.817387, "relative_strength": -2.191541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.366233, "energy": 52.203227, "activity_lines": [ 74.341331, 74.344051, 73.407444, 72.085117 ] }, { "date": "2026-07-31", "close": 74.160004, "volume": 170215, "typical_volume": 158622.55, "trend": 70.852716, "fair_value": 58.013199, "relative_strength": -1.837307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.557846, "energy": 47.920753, "activity_lines": [ 74.316, 74.297137, 73.642671, 72.310626 ] }, { "date": "2026-08-07", "close": 77.07, "volume": 179663, "typical_volume": 145337.4, "trend": 71.117539, "fair_value": 58.230867, "relative_strength": 0.625953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.664697, "energy": 61.756139, "activity_lines": [ 75.178, 74.783415, 74.117576, 72.711741 ] } ], "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." } } }