{ "ticker": { "uuid": "b3d582ff-c7b8-43eb-856a-f82b2872314b", "symbol": "TSWE", "name": "VanEck World Equal Weight Screened UCITS ETF", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 80.721, "architecture_energy": 55.994, "architecture_maturity": 75.903, "architecture_confidence": 64.678, "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": 23.7, "rotation_up": 47.99, "upward_expansion": 75.71, "deceleration": 70.68, "rotation_down": 29.29, "downward_expansion": 13.71 }, "activity_lines": [ 48.850166, 48.782636, 48.101115, 47.197301 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 49.939999, "trend_reference": 46.241762, "distance_from_trend": 0.079976, "trend_direction": "Improving", "fair_value": 36.973164, "distance_from_fair_value": 0.350709, "fair_value_direction": "Improving", "relative_strength": 4.158055, "relative_strength_direction": "Weakening", "price_momentum": 0.104776, "excess_performance": 0.05354, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079976, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.046623, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.350709, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.028365, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.041581, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.011216, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.104776, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 12.896001, "read": "Demand-led" } ], "volume": { "latest": 25926, "relative_activity": 1.218505, "balance": 12.896001, "dry_up": 3.94107, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.019591, "annualized_volatility": 0.157465, "from_high_reference": -0.002397, "from_low_reference": 0.266964 }, "levels": { "trend_reference": 46.241762, "fair_value_reference": 36.973164, "structural_low": 41.169998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 44, "median_return": 0.0123, "positive_rate": 0.704545, "directional_follow_through": 0.704545, "median_excess_return": 0.006902, "regime_survival": 0.772727, "best_return": 0.06639, "worst_return": -0.098047, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.024823, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.018691, "regime_survival": 0.571429, "best_return": 0.135403, "worst_return": -0.090804, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.075009, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.015382, "regime_survival": 0.777778, "best_return": 0.14308, "worst_return": -0.178027, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.136283, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.057209, "regime_survival": 0.5, "best_return": 0.25885, "worst_return": -0.147437, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-11-08", "tenure": "Established", "return": 0.060387, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2024-12-06", "tenure": "New", "return": 0.03694, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": -0.027245, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": 0.019108, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.000476, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": 0.00281, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": 0.120508, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.024294, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-11-21", "tenure": "Extended", "return": 0.083038, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.011904, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": -0.000654, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-08", "tenure": "Developing", "return": 0.111549, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.07431, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.870045, "volume": 413, "typical_volume": 2762.3, "trend": 27.928116, "fair_value": 27.322771, "relative_strength": 8.17377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.146672, "energy": 18.82231, "activity_lines": [ 28.684525, 28.848081, 28.601734, 28.286882 ] }, { "date": "2023-08-25", "close": 27.981024, "volume": 12387, "typical_volume": 3350.95, "trend": 27.936395, "fair_value": 27.353938, "relative_strength": 7.26914, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.261149, "energy": 21.378795, "activity_lines": [ 28.354577, 28.68803, 28.567201, 28.290295 ] }, { "date": "2023-09-01", "close": 28.578426, "volume": 1463, "typical_volume": 3229.85, "trend": 27.952696, "fair_value": 27.393666, "relative_strength": 7.485737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.932154, "energy": 25.169217, "activity_lines": [ 28.323251, 28.656561, 28.586997, 28.331716 ] }, { "date": "2023-09-08", "close": 28.298433, "volume": 1176, "typical_volume": 3234.55, "trend": 27.979716, "fair_value": 27.429965, "relative_strength": 6.043126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.663901, "energy": 20.153166, "activity_lines": [ 28.277618, 28.566371, 28.576811, 28.354022 ] }, { "date": "2023-09-15", "close": 28.521744, "volume": 66, "typical_volume": 3127.5, "trend": 28.018299, "fair_value": 27.466476, "relative_strength": 3.461595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.898197, "energy": 13.526567, "activity_lines": [ 28.357988, 28.525995, 28.585885, 28.388991 ] }, { "date": "2023-09-22", "close": 27.842316, "volume": 845, "typical_volume": 3125.95, "trend": 28.056463, "fair_value": 27.50456, "relative_strength": 1.167795, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.80885, "energy": 11.771924, "activity_lines": [ 28.222115, 28.358351, 28.527071, 28.377638 ] }, { "date": "2023-09-29", "close": 27.557241, "volume": 1424, "typical_volume": 3163.7, "trend": 28.069335, "fair_value": 27.536648, "relative_strength": 0.960837, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.976716, "energy": 37.928894, "activity_lines": [ 27.993066, 28.167372, 28.440994, 28.34543 ] }, { "date": "2023-10-06", "close": 27.338686, "volume": 1150, "typical_volume": 2433.05, "trend": 28.093546, "fair_value": 27.56293, "relative_strength": 1.481797, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.243792, "energy": 54.075899, "activity_lines": [ 27.719418, 27.971493, 28.334478, 28.298291 ] }, { "date": "2023-10-13", "close": 27.493099, "volume": 892, "typical_volume": 2450.7, "trend": 28.14067, "fair_value": 27.591346, "relative_strength": 0.481049, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.190387, "energy": 62.756178, "activity_lines": [ 27.579889, 27.847782, 28.245678, 28.259553 ] }, { "date": "2023-10-20", "close": 26.797043, "volume": 446, "typical_volume": 2382.15, "trend": 28.156488, "fair_value": 27.616459, "relative_strength": 0.373092, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.262726, "energy": 71.819794, "activity_lines": [ 27.262031, 27.626222, 28.090878, 28.172867 ] }, { "date": "2023-10-27", "close": 26.369429, "volume": 179, "typical_volume": 2370.4, "trend": 28.121663, "fair_value": 27.646252, "relative_strength": 0.160338, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -85.870433, "energy": 87.494326, "activity_lines": [ 26.916615, 27.361063, 27.901321, 28.057573 ] }, { "date": "2023-11-03", "close": 27.892206, "volume": 392, "typical_volume": 2267.1, "trend": 28.136661, "fair_value": 27.674795, "relative_strength": 3.866638, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.094435, "energy": 62.633273, "activity_lines": [ 27.176984, 27.400056, 27.865386, 28.042769 ] }, { "date": "2023-11-10", "close": 27.621382, "volume": 5395, "typical_volume": 2469.45, "trend": 28.127982, "fair_value": 27.696712, "relative_strength": 3.527179, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.33895, "energy": 44.267034, "activity_lines": [ 27.324747, 27.391423, 27.809309, 28.009525 ] }, { "date": "2023-11-17", "close": 28.735552, "volume": 883, "typical_volume": 2408.05, "trend": 28.156599, "fair_value": 27.722854, "relative_strength": 5.44882, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.459596, "energy": 12.941525, "activity_lines": [ 27.825054, 27.602767, 27.861855, 28.048723 ] }, { "date": "2023-11-24", "close": 29.213051, "volume": 3809, "typical_volume": 2564.95, "trend": 28.201911, "fair_value": 27.747895, "relative_strength": 7.201341, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 25.434479, "energy": 34.267934, "activity_lines": [ 28.401697, 27.892982, 27.960208, 28.116882 ] }, { "date": "2023-12-01", "close": 29.379343, "volume": 418, "typical_volume": 1778.9, "trend": 28.253935, "fair_value": 27.771971, "relative_strength": 6.996354, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.476651, "energy": 46.672922, "activity_lines": [ 28.872703, 28.200863, 28.070129, 28.192845 ] }, { "date": "2023-12-08", "close": 29.385433, "volume": 799, "typical_volume": 1773.85, "trend": 28.31224, "fair_value": 27.797702, "relative_strength": 6.454473, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.27031, "energy": 65.556871, "activity_lines": [ 29.145078, 28.481904, 28.180773, 28.265845 ] }, { "date": "2023-12-15", "close": 30.3305, "volume": 1505, "typical_volume": 1783.8, "trend": 28.390904, "fair_value": 27.825965, "relative_strength": 9.263442, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.589919, "energy": 80.969549, "activity_lines": [ 29.632928, 28.901537, 28.381843, 28.396055 ] }, { "date": "2023-12-22", "close": 30.552454, "volume": 1725, "typical_volume": 1776.15, "trend": 28.490837, "fair_value": 27.856182, "relative_strength": 8.025903, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.905965, "energy": 94.343252, "activity_lines": [ 30.014154, 29.307128, 28.601352, 28.53551 ] }, { "date": "2023-12-29", "close": 30.936686, "volume": 0, "typical_volume": 1768.35, "trend": 28.587058, "fair_value": 27.886507, "relative_strength": 8.565459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.40518, "energy": 94.773566, "activity_lines": [ 30.40233, 29.726954, 28.850405, 28.693307 ] }, { "date": "2024-01-05", "close": 30.440287, "volume": 1681, "typical_volume": 1831.75, "trend": 28.662579, "fair_value": 27.907965, "relative_strength": 7.128612, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.998661, "energy": 87.230755, "activity_lines": [ 30.510132, 29.98126, 29.041413, 28.81287 ] }, { "date": "2024-01-12", "close": 30.714737, "volume": 2559, "typical_volume": 1340.35, "trend": 28.717103, "fair_value": 27.933149, "relative_strength": 8.691962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.689992, "energy": 86.915074, "activity_lines": [ 30.638687, 30.211451, 29.24632, 28.945267 ] }, { "date": "2024-01-19", "close": 30.3305, "volume": 896, "typical_volume": 1312.0, "trend": 28.789831, "fair_value": 27.954636, "relative_strength": 9.349719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.732786, "energy": 68.81722, "activity_lines": [ 30.550542, 30.320461, 29.401615, 29.049357 ] }, { "date": "2024-01-26", "close": 31.024984, "volume": 2040, "typical_volume": 1355.2, "trend": 28.863827, "fair_value": 27.986015, "relative_strength": 9.038576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.515125, "energy": 66.793266, "activity_lines": [ 30.693893, 30.506485, 29.614708, 29.193561 ] }, { "date": "2024-02-02", "close": 30.93907, "volume": 1793, "typical_volume": 1441.55, "trend": 28.951252, "fair_value": 28.011589, "relative_strength": 8.731542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.802163, "energy": 65.965488, "activity_lines": [ 30.777103, 30.635262, 29.806635, 29.327447 ] }, { "date": "2024-02-09", "close": 31.101357, "volume": 4984, "typical_volume": 1648.5, "trend": 29.007644, "fair_value": 28.034169, "relative_strength": 9.571501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.467277, "energy": 65.432259, "activity_lines": [ 30.91425, 30.762163, 30.002507, 29.466164 ] }, { "date": "2024-02-16", "close": 31.466496, "volume": 4059, "typical_volume": 1780.25, "trend": 29.074082, "fair_value": 28.057784, "relative_strength": 8.489987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.582567, "energy": 86.000005, "activity_lines": [ 31.129039, 30.924144, 30.217635, 29.6248 ] }, { "date": "2024-02-23", "close": 31.886524, "volume": 422, "typical_volume": 1743.85, "trend": 29.144841, "fair_value": 28.08969, "relative_strength": 9.595383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.60388, "energy": 91.469933, "activity_lines": [ 31.43372, 31.124656, 30.45415, 29.806247 ] }, { "date": "2024-03-01", "close": 32.07029, "volume": 3457, "typical_volume": 1872.1, "trend": 29.244786, "fair_value": 28.126148, "relative_strength": 10.144625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.074471, "energy": 91.979556, "activity_lines": [ 31.695921, 31.330289, 30.686511, 29.994986 ] }, { "date": "2024-03-08", "close": 32.522091, "volume": 1276, "typical_volume": 1913.6, "trend": 29.373014, "fair_value": 28.158524, "relative_strength": 11.569506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.163084, "energy": 94.218532, "activity_lines": [ 32.039036, 31.59047, 30.940103, 30.206425 ] }, { "date": "2024-03-15", "close": 32.287449, "volume": 726, "typical_volume": 1940.95, "trend": 29.520261, "fair_value": 28.189088, "relative_strength": 9.449554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.006662, "energy": 89.097229, "activity_lines": [ 32.198402, 31.779164, 31.144087, 30.394453 ] }, { "date": "2024-03-22", "close": 32.716038, "volume": 2309, "typical_volume": 2036.8, "trend": 29.678095, "fair_value": 28.222542, "relative_strength": 7.746996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.242, "energy": 86.473861, "activity_lines": [ 32.421558, 32.012198, 31.360708, 30.600632 ] }, { "date": "2024-03-29", "close": 32.893219, "volume": 4972, "typical_volume": 2015.65, "trend": 29.821921, "fair_value": 28.255218, "relative_strength": 7.740515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.806227, "energy": 83.587109, "activity_lines": [ 32.620471, 32.24106, 31.571233, 30.80806 ] }, { "date": "2024-04-05", "close": 32.27309, "volume": 623, "typical_volume": 2002.65, "trend": 29.95441, "fair_value": 28.281125, "relative_strength": 5.978661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.959717, "energy": 67.441425, "activity_lines": [ 32.545562, 32.310576, 31.697593, 30.9662 ] }, { "date": "2024-04-12", "close": 31.79183, "volume": 1747, "typical_volume": 1899.55, "trend": 30.063413, "fair_value": 28.30147, "relative_strength": 3.072682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.930659, "energy": 63.340592, "activity_lines": [ 32.296713, 32.269897, 31.761274, 31.084743 ] }, { "date": "2024-04-19", "close": 31.080711, "volume": 980, "typical_volume": 1927.65, "trend": 30.171359, "fair_value": 28.317229, "relative_strength": 1.829438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.727566, "energy": 37.723431, "activity_lines": [ 31.859508, 32.08442, 31.74495, 31.150375 ] }, { "date": "2024-04-26", "close": 31.688864, "volume": 1629, "typical_volume": 1969.15, "trend": 30.30908, "fair_value": 28.338095, "relative_strength": 0.533906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.820898, "energy": 33.287604, "activity_lines": [ 31.70547, 32.009891, 31.778443, 31.248278 ] }, { "date": "2024-05-03", "close": 31.945065, "volume": 2, "typical_volume": 1894.0, "trend": 30.462626, "fair_value": 28.356903, "relative_strength": 0.281474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.456281, "energy": 30.950454, "activity_lines": [ 31.705311, 31.977901, 31.825367, 31.353826 ] }, { "date": "2024-05-10", "close": 32.598709, "volume": 531, "typical_volume": 1834.3, "trend": 30.632813, "fair_value": 28.382176, "relative_strength": -0.488384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.126012, "energy": 30.568223, "activity_lines": [ 31.986243, 32.06369, 31.926855, 31.491638 ] }, { "date": "2024-05-17", "close": 33.118279, "volume": 552, "typical_volume": 1861.9, "trend": 30.843521, "fair_value": 28.408865, "relative_strength": 1.095957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.937549, "energy": 58.814349, "activity_lines": [ 32.418658, 32.23434, 32.068081, 31.65199 ] }, { "date": "2024-05-24", "close": 32.945889, "volume": 12719, "typical_volume": 2413.8, "trend": 31.062736, "fair_value": 28.431627, "relative_strength": 1.636496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.63061, "energy": 68.683322, "activity_lines": [ 32.705179, 32.362806, 32.182501, 31.787627 ] }, { "date": "2024-05-31", "close": 32.660965, "volume": 2126, "typical_volume": 2392.15, "trend": 31.221695, "fair_value": 28.452346, "relative_strength": 1.141806, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.836684, "energy": 67.115568, "activity_lines": [ 32.77238, 32.427496, 32.257854, 31.890739 ] }, { "date": "2024-06-07", "close": 33.072872, "volume": 0, "typical_volume": 2347.35, "trend": 31.403411, "fair_value": 28.475388, "relative_strength": 2.645605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.982478, "energy": 74.524365, "activity_lines": [ 32.912077, 32.56808, 32.363169, 32.010169 ] }, { "date": "2024-06-14", "close": 32.632931, "volume": 2862, "typical_volume": 2388.45, "trend": 31.533324, "fair_value": 28.499569, "relative_strength": 2.403557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.287198, "energy": 48.924313, "activity_lines": [ 32.82994, 32.625408, 32.413525, 32.089493 ] }, { "date": "2024-06-21", "close": 32.862568, "volume": 4019, "typical_volume": 2499.75, "trend": 31.654974, "fair_value": 28.520729, "relative_strength": 1.878804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.209229, "energy": 44.583055, "activity_lines": [ 32.822067, 32.717945, 32.478095, 32.175251 ] }, { "date": "2024-06-28", "close": 33.031773, "volume": 5791, "typical_volume": 2540.1, "trend": 31.776722, "fair_value": 28.543075, "relative_strength": 3.214331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.375044, "energy": 45.537533, "activity_lines": [ 32.887643, 32.821779, 32.54962, 32.264077 ] }, { "date": "2024-07-05", "close": 33.420959, "volume": 1329, "typical_volume": 2403.6, "trend": 31.91124, "fair_value": 28.567524, "relative_strength": 3.836271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.082075, "energy": 50.570302, "activity_lines": [ 33.077222, 32.960901, 32.649017, 32.370156 ] }, { "date": "2024-07-12", "close": 34.247654, "volume": 1665, "typical_volume": 2465.75, "trend": 32.041811, "fair_value": 28.598055, "relative_strength": 5.672502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.316641, "energy": 79.545633, "activity_lines": [ 33.491699, 33.218838, 32.817841, 32.520893 ] }, { "date": "2024-07-19", "close": 33.42337, "volume": 13961, "typical_volume": 2990.95, "trend": 32.137509, "fair_value": 28.62094, "relative_strength": 4.229451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.561059, "energy": 72.00267, "activity_lines": [ 33.553097, 33.285039, 32.896918, 32.610026 ] }, { "date": "2024-07-26", "close": 33.193733, "volume": 6539, "typical_volume": 3254.1, "trend": 32.212743, "fair_value": 28.642513, "relative_strength": 1.820592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.081499, "energy": 62.909877, "activity_lines": [ 33.485253, 33.294495, 32.947681, 32.678169 ] }, { "date": "2024-08-02", "close": 32.161572, "volume": 13325, "typical_volume": 3884.05, "trend": 32.27012, "fair_value": 28.655381, "relative_strength": -0.050415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.99478, "energy": 21.616762, "activity_lines": [ 33.051278, 33.114914, 32.896945, 32.674868 ] }, { "date": "2024-08-09", "close": 32.545914, "volume": 10287, "typical_volume": 4282.95, "trend": 32.331159, "fair_value": 28.668829, "relative_strength": 1.140041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.849908, "energy": 18.539545, "activity_lines": [ 32.80343, 33.019473, 32.883413, 32.692661 ] }, { "date": "2024-08-16", "close": 33.660267, "volume": 736, "typical_volume": 4071.15, "trend": 32.442151, "fair_value": 28.692001, "relative_strength": 2.693085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.675235, "energy": 24.64635, "activity_lines": [ 32.98537, 33.128733, 32.97682, 32.77841 ] }, { "date": "2024-08-23", "close": 34.644081, "volume": 5416, "typical_volume": 4310.8, "trend": 32.562788, "fair_value": 28.718565, "relative_strength": 5.308143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.768425, "energy": 38.815952, "activity_lines": [ 33.534406, 33.406189, 33.16027, 32.92047 ] }, { "date": "2024-08-30", "close": 34.627167, "volume": 143, "typical_volume": 4230.6, "trend": 32.685724, "fair_value": 28.741847, "relative_strength": 4.48828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.45037, "energy": 75.461548, "activity_lines": [ 33.996424, 33.644003, 33.330819, 33.053656 ] }, { "date": "2024-09-06", "close": 33.625546, "volume": 612, "typical_volume": 4212.2, "trend": 32.769864, "fair_value": 28.760564, "relative_strength": 3.721191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.778648, "energy": 69.503136, "activity_lines": [ 34.029006, 33.667621, 33.392474, 33.114289 ] }, { "date": "2024-09-13", "close": 34.578156, "volume": 44, "typical_volume": 4132.95, "trend": 32.873586, "fair_value": 28.787186, "relative_strength": 5.233049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.119588, "energy": 75.986385, "activity_lines": [ 34.281526, 33.853644, 33.532736, 33.230953 ] }, { "date": "2024-09-20", "close": 34.894066, "volume": 3633, "typical_volume": 4314.5, "trend": 32.973837, "fair_value": 28.816081, "relative_strength": 6.432945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.984048, "energy": 75.354659, "activity_lines": [ 34.503867, 34.076066, 33.689326, 33.361307 ] }, { "date": "2024-09-27", "close": 35.652267, "volume": 0, "typical_volume": 4287.95, "trend": 33.093237, "fair_value": 28.855668, "relative_strength": 7.215952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.279772, "energy": 74.410646, "activity_lines": [ 34.896688, 34.42459, 33.904082, 33.534109 ] }, { "date": "2024-10-04", "close": 34.971832, "volume": 274, "typical_volume": 4274.05, "trend": 33.174895, "fair_value": 28.889425, "relative_strength": 5.388383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.583053, "energy": 70.021328, "activity_lines": [ 34.995486, 34.608872, 34.039495, 33.655308 ] }, { "date": "2024-10-11", "close": 35.234291, "volume": 96, "typical_volume": 3642.9, "trend": 33.273123, "fair_value": 28.921489, "relative_strength": 6.1935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.32153, "energy": 71.902082, "activity_lines": [ 35.158791, 34.808546, 34.191077, 33.788173 ] }, { "date": "2024-10-18", "close": 35.21727, "volume": 1161, "typical_volume": 3594.65, "trend": 33.356497, "fair_value": 28.951205, "relative_strength": 4.517264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.518718, "energy": 68.356852, "activity_lines": [ 35.209174, 34.949257, 34.330141, 33.913602 ] }, { "date": "2024-10-25", "close": 34.697227, "volume": 3400, "typical_volume": 3764.65, "trend": 33.416631, "fair_value": 28.97718, "relative_strength": 4.048101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.433996, "energy": 47.577384, "activity_lines": [ 35.043601, 34.946845, 34.407504, 34.0001 ] }, { "date": "2024-11-01", "close": 34.456642, "volume": 65431, "typical_volume": 6893.1, "trend": 33.489416, "fair_value": 28.99754, "relative_strength": 4.006995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.947771, "energy": 36.725302, "activity_lines": [ 34.810956, 34.881836, 34.454219, 34.067198 ] }, { "date": "2024-11-08", "close": 34.935383, "volume": 1060, "typical_volume": 6745.15, "trend": 33.594201, "fair_value": 29.021332, "relative_strength": 6.530268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.508403, "energy": 31.60972, "activity_lines": [ 34.8176, 34.907279, 34.537844, 34.160486 ] }, { "date": "2024-11-15", "close": 34.186905, "volume": 0, "typical_volume": 6455.6, "trend": 33.697741, "fair_value": 29.041621, "relative_strength": 4.159284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.459632, "energy": 24.153492, "activity_lines": [ 34.57718, 34.791031, 34.540315, 34.198725 ] }, { "date": "2024-11-22", "close": 34.510105, "volume": 1346, "typical_volume": 6456.45, "trend": 33.791782, "fair_value": 29.070571, "relative_strength": 2.484383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.177147, "energy": 22.37779, "activity_lines": [ 34.51432, 34.72334, 34.568067, 34.251136 ] }, { "date": "2024-11-29", "close": 35.049595, "volume": 496, "typical_volume": 6398.0, "trend": 33.895266, "fair_value": 29.104666, "relative_strength": 3.609953, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.160334, "energy": 24.259726, "activity_lines": [ 34.678435, 34.754976, 34.642012, 34.332285 ] }, { "date": "2024-12-06", "close": 35.449776, "volume": 322, "typical_volume": 5716.05, "trend": 33.990302, "fair_value": 29.136105, "relative_strength": 4.33904, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.25012, "energy": 38.800795, "activity_lines": [ 34.952451, 34.856544, 34.750251, 34.432576 ] }, { "date": "2024-12-13", "close": 34.858948, "volume": 23183, "typical_volume": 6548.25, "trend": 34.048324, "fair_value": 29.163995, "relative_strength": 2.607866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.237848, "energy": 37.978871, "activity_lines": [ 34.963316, 34.854371, 34.79257, 34.488617 ] }, { "date": "2024-12-20", "close": 33.909222, "volume": 5211, "typical_volume": 6142.55, "trend": 34.080435, "fair_value": 29.18324, "relative_strength": 2.367063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 3.535887, "energy": 11.230517, "activity_lines": [ 34.662702, 34.681572, 34.736511, 34.479643 ] }, { "date": "2024-12-27", "close": 34.114307, "volume": 0, "typical_volume": 5628.2, "trend": 34.12888, "fair_value": 29.202484, "relative_strength": 2.073455, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.915377, "energy": 6.937126, "activity_lines": [ 34.448961, 34.570154, 34.69166, 34.481828 ] }, { "date": "2025-01-03", "close": 33.999557, "volume": 481, "typical_volume": 5615.45, "trend": 34.159769, "fair_value": 29.223579, "relative_strength": 0.729335, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.606059, "energy": 23.676962, "activity_lines": [ 34.223357, 34.457926, 34.628413, 34.473485 ] }, { "date": "2025-01-10", "close": 33.640663, "volume": 2062, "typical_volume": 5447.75, "trend": 34.193361, "fair_value": 29.243674, "relative_strength": -0.65334, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.470816, "energy": 46.011491, "activity_lines": [ 33.948124, 34.293129, 34.52937, 34.439994 ] }, { "date": "2025-01-17", "close": 34.766171, "volume": 6425, "typical_volume": 5761.85, "trend": 34.256814, "fair_value": 29.275105, "relative_strength": -0.438966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.615485, "energy": 24.242744, "activity_lines": [ 34.168668, 34.347807, 34.542296, 34.47695 ] }, { "date": "2025-01-24", "close": 35.903885, "volume": 7328, "typical_volume": 6097.65, "trend": 34.352551, "fair_value": 29.321385, "relative_strength": 2.776301, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 54.490036, "energy": 26.296635, "activity_lines": [ 34.774635, 34.612417, 34.662914, 34.583212 ] }, { "date": "2025-01-31", "close": 35.920975, "volume": 10419, "typical_volume": 6616.4, "trend": 34.435885, "fair_value": 29.36282, "relative_strength": 0.753952, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.513336, "energy": 50.43195, "activity_lines": [ 35.253321, 34.848918, 34.77431, 34.684401 ] }, { "date": "2025-02-07", "close": 35.908772, "volume": 695, "typical_volume": 6469.5, "trend": 34.491256, "fair_value": 29.402701, "relative_strength": 0.403502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.853548, "energy": 58.478151, "activity_lines": [ 35.607495, 35.057547, 34.87815, 34.779426 ] }, { "date": "2025-02-14", "close": 36.751064, "volume": 4038, "typical_volume": 6671.4, "trend": 34.602179, "fair_value": 29.452658, "relative_strength": 2.320696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.158448, "energy": 85.048239, "activity_lines": [ 36.115152, 35.403699, 35.057376, 34.92522 ] }, { "date": "2025-02-21", "close": 36.721767, "volume": 4397, "typical_volume": 6877.55, "trend": 34.71978, "fair_value": 29.504283, "relative_strength": 3.052586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.11693, "energy": 82.972244, "activity_lines": [ 36.405683, 35.720865, 35.22858, 35.061968 ] }, { "date": "2025-02-28", "close": 36.06258, "volume": 326, "typical_volume": 6889.05, "trend": 34.849813, "fair_value": 29.56002, "relative_strength": -0.486239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.72626, "energy": 73.219372, "activity_lines": [ 36.346112, 35.884309, 35.328671, 35.1486 ] }, { "date": "2025-03-07", "close": 36.112514, "volume": 1151, "typical_volume": 6888.55, "trend": 34.9687, "fair_value": 29.616692, "relative_strength": 1.182142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.750661, "energy": 55.440771, "activity_lines": [ 36.292606, 36.01768, 35.429573, 35.230065 ] }, { "date": "2025-03-14", "close": 35.742771, "volume": 401, "typical_volume": 6738.6, "trend": 35.038117, "fair_value": 29.660896, "relative_strength": 0.716174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.228605, "energy": 39.341207, "activity_lines": [ 36.103083, 36.047494, 35.490999, 35.280005 ] }, { "date": "2025-03-21", "close": 36.00967, "volume": 4602, "typical_volume": 3697.15, "trend": 35.083636, "fair_value": 29.707237, "relative_strength": 1.279436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.379117, "energy": 28.074998, "activity_lines": [ 36.013594, 36.09414, 35.572864, 35.342686 ] }, { "date": "2025-03-28", "close": 35.473423, "volume": 1962, "typical_volume": 3742.25, "trend": 35.111845, "fair_value": 29.748615, "relative_strength": -0.349857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.097689, "energy": 19.335942, "activity_lines": [ 35.794781, 36.000214, 35.596263, 35.367833 ] }, { "date": "2025-04-04", "close": 32.571785, "volume": 674, "typical_volume": 3775.95, "trend": 35.07672, "fair_value": 29.774002, "relative_strength": -1.624669, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -30.872558, "energy": 30.844441, "activity_lines": [ 34.691979, 35.365858, 35.340754, 35.203958 ] }, { "date": "2025-04-11", "close": 32.956219, "volume": 582, "typical_volume": 3737.75, "trend": 35.022655, "fair_value": 29.804096, "relative_strength": 0.595051, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.786089, "energy": 44.645474, "activity_lines": [ 33.950041, 34.861983, 35.129548, 35.067152 ] }, { "date": "2025-04-18", "close": 34.165852, "volume": 1457, "typical_volume": 3785.8, "trend": 34.998381, "fair_value": 29.84574, "relative_strength": 0.271837, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.230992, "energy": 42.457597, "activity_lines": [ 33.821734, 34.631945, 35.040945, 35.011874 ] }, { "date": "2025-04-25", "close": 35.414654, "volume": 202, "typical_volume": 3779.8, "trend": 34.990461, "fair_value": 29.899419, "relative_strength": 2.062403, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.631157, "energy": 28.999514, "activity_lines": [ 34.214822, 34.660653, 35.075484, 35.03873 ] }, { "date": "2025-05-02", "close": 36.496952, "volume": 456, "typical_volume": 2643.45, "trend": 35.041298, "fair_value": 29.96502, "relative_strength": 2.794838, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 25.516156, "energy": 13.15243, "activity_lines": [ 35.008344, 34.91044, 35.213266, 35.135923 ] }, { "date": "2025-05-09", "close": 36.487152, "volume": 3447, "typical_volume": 2555.25, "trend": 35.08306, "fair_value": 30.03318, "relative_strength": 3.075068, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.303811, "energy": 36.924595, "activity_lines": [ 35.730364, 35.162532, 35.342315, 35.229204 ] }, { "date": "2025-05-16", "close": 37.373566, "volume": 4858, "typical_volume": 2798.15, "trend": 35.154937, "fair_value": 30.10802, "relative_strength": 3.822509, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.557869, "energy": 55.385655, "activity_lines": [ 36.48683, 35.568072, 35.543508, 35.376979 ] }, { "date": "2025-05-23", "close": 37.251137, "volume": 784, "typical_volume": 2813.3, "trend": 35.240067, "fair_value": 30.17416, "relative_strength": 2.936981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.154486, "energy": 75.155739, "activity_lines": [ 36.907998, 35.928423, 35.717522, 35.512218 ] }, { "date": "2025-05-30", "close": 37.645367, "volume": 209, "typical_volume": 2720.65, "trend": 35.346358, "fair_value": 30.245119, "relative_strength": 3.21649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.910464, "energy": 81.166674, "activity_lines": [ 37.254889, 36.333028, 35.913597, 35.667398 ] }, { "date": "2025-06-06", "close": 38.329697, "volume": 26, "typical_volume": 2400.7, "trend": 35.459502, "fair_value": 30.327877, "relative_strength": 4.156914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.318725, "energy": 85.931065, "activity_lines": [ 37.681177, 36.832316, 36.155776, 35.859872 ] }, { "date": "2025-06-13", "close": 38.216019, "volume": 276, "typical_volume": 2048.1, "trend": 35.593806, "fair_value": 30.41794, "relative_strength": 3.549628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.826618, "energy": 82.943958, "activity_lines": [ 37.947388, 37.259004, 36.37016, 36.037712 ] }, { "date": "2025-06-20", "close": 37.744003, "volume": 2034, "typical_volume": 1628.85, "trend": 35.701602, "fair_value": 30.497536, "relative_strength": 3.006985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.592152, "energy": 71.936583, "activity_lines": [ 37.941004, 37.497248, 36.528579, 36.176434 ] }, { "date": "2025-06-27", "close": 39.303387, "volume": 4225, "typical_volume": 1805.35, "trend": 35.843395, "fair_value": 30.591285, "relative_strength": 6.760757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.160279, "energy": 79.601303, "activity_lines": [ 38.429718, 37.931965, 36.826831, 36.408807 ] }, { "date": "2025-07-04", "close": 39.251488, "volume": 316, "typical_volume": 1619.25, "trend": 35.970119, "fair_value": 30.681091, "relative_strength": 6.146786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.499969, "energy": 87.831433, "activity_lines": [ 38.764315, 38.263837, 37.103974, 36.628684 ] }, { "date": "2025-07-11", "close": 39.164993, "volume": 27, "typical_volume": 1400.75, "trend": 36.113654, "fair_value": 30.772917, "relative_strength": 4.402289, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.975217, "energy": 88.348207, "activity_lines": [ 38.963007, 38.510222, 37.360974, 36.834805 ] }, { "date": "2025-07-18", "close": 39.09827, "volume": 62, "typical_volume": 1387.55, "trend": 36.286622, "fair_value": 30.858368, "relative_strength": 3.514729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.644971, "energy": 87.92185, "activity_lines": [ 39.083771, 38.695965, 37.599984, 37.027361 ] }, { "date": "2025-07-25", "close": 39.738335, "volume": 1508, "typical_volume": 1405.4, "trend": 36.47409, "fair_value": 30.944992, "relative_strength": 3.564035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.224043, "energy": 92.015918, "activity_lines": [ 39.359073, 38.950609, 37.885497, 37.250052 ] }, { "date": "2025-08-01", "close": 38.492805, "volume": 481, "typical_volume": 1409.4, "trend": 36.623865, "fair_value": 31.023691, "relative_strength": 0.746996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.614262, "energy": 72.84816, "activity_lines": [ 39.086243, 38.935798, 38.035123, 37.380292 ] }, { "date": "2025-08-08", "close": 39.545578, "volume": 24425, "typical_volume": 2400.55, "trend": 36.820695, "fair_value": 31.104951, "relative_strength": 3.023231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.422722, "energy": 66.350534, "activity_lines": [ 39.218377, 39.089823, 38.271917, 37.568789 ] }, { "date": "2025-08-15", "close": 40.30426, "volume": 15209, "typical_volume": 3062.9, "trend": 37.005298, "fair_value": 31.194522, "relative_strength": 4.332095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.771457, "energy": 71.432806, "activity_lines": [ 39.583798, 39.347242, 38.564129, 37.793536 ] }, { "date": "2025-08-22", "close": 40.657658, "volume": 3896, "typical_volume": 3224.0, "trend": 37.163757, "fair_value": 31.29062, "relative_strength": 3.091718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.812272, "energy": 71.543987, "activity_lines": [ 39.991067, 39.633014, 38.866994, 38.029172 ] }, { "date": "2025-08-29", "close": 39.940979, "volume": 50, "typical_volume": 3197.4, "trend": 37.297757, "fair_value": 31.386074, "relative_strength": 2.653068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.881315, "energy": 65.699493, "activity_lines": [ 40.055485, 39.744087, 39.0631, 38.208347 ] }, { "date": "2025-09-05", "close": 40.051304, "volume": 12261, "typical_volume": 3737.6, "trend": 37.435842, "fair_value": 31.480509, "relative_strength": 2.591367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.335316, "energy": 69.709158, "activity_lines": [ 40.143167, 39.835274, 39.236452, 38.385995 ] }, { "date": "2025-09-12", "close": 40.622543, "volume": 2087, "typical_volume": 3831.85, "trend": 37.564891, "fair_value": 31.584825, "relative_strength": 3.121008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.511316, "energy": 67.238291, "activity_lines": [ 40.317363, 40.016724, 39.436181, 38.591589 ] }, { "date": "2025-09-19", "close": 40.846073, "volume": 50, "typical_volume": 3811.55, "trend": 37.702368, "fair_value": 31.699397, "relative_strength": 4.346952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.583109, "energy": 66.401163, "activity_lines": [ 40.494271, 40.213888, 39.6324, 38.803278 ] }, { "date": "2025-09-26", "close": 40.652348, "volume": 315, "typical_volume": 3654.95, "trend": 37.85536, "fair_value": 31.81368, "relative_strength": 3.046648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.868786, "energy": 64.578384, "activity_lines": [ 40.570483, 40.345263, 39.789459, 38.9936 ] }, { "date": "2025-10-03", "close": 41.787376, "volume": 518, "typical_volume": 3437.95, "trend": 38.044522, "fair_value": 31.934152, "relative_strength": 3.535142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.214477, "energy": 72.664697, "activity_lines": [ 41.025392, 40.654752, 40.034782, 39.247278 ] }, { "date": "2025-10-10", "close": 40.932999, "volume": 112, "typical_volume": 3404.35, "trend": 38.21753, "fair_value": 32.050889, "relative_strength": 2.070941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.561014, "energy": 61.541671, "activity_lines": [ 41.072415, 40.771644, 40.177717, 39.433631 ] }, { "date": "2025-10-17", "close": 41.228554, "volume": 2327, "typical_volume": 3510.25, "trend": 38.391493, "fair_value": 32.168196, "relative_strength": 3.5184, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.969343, "energy": 59.056237, "activity_lines": [ 41.159178, 40.897906, 40.331267, 39.627891 ] }, { "date": "2025-10-24", "close": 41.675613, "volume": 5340, "typical_volume": 3775.95, "trend": 38.598232, "fair_value": 32.281435, "relative_strength": 1.431572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.748503, "energy": 63.022932, "activity_lines": [ 41.354559, 41.074853, 40.510332, 39.83977 ] }, { "date": "2025-10-31", "close": 41.901623, "volume": 1297, "typical_volume": 3827.0, "trend": 38.909227, "fair_value": 32.39639, "relative_strength": 1.184248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.542295, "energy": 61.783884, "activity_lines": [ 41.569974, 41.267958, 40.694988, 40.052892 ] }, { "date": "2025-11-07", "close": 41.012478, "volume": 1450, "typical_volume": 3797.8, "trend": 39.177769, "fair_value": 32.494248, "relative_strength": -0.566627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.933727, "energy": 52.301418, "activity_lines": [ 41.405722, 41.276783, 40.777414, 40.188585 ] }, { "date": "2025-11-14", "close": 41.849468, "volume": 883, "typical_volume": 3630.7, "trend": 39.433889, "fair_value": 32.597472, "relative_strength": 1.262839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.247928, "energy": 53.644172, "activity_lines": [ 41.572127, 41.418306, 40.923989, 40.360953 ] }, { "date": "2025-11-21", "close": 40.344379, "volume": 1574, "typical_volume": 3693.6, "trend": 39.598213, "fair_value": 32.688324, "relative_strength": -0.778381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.932687, "energy": 30.706717, "activity_lines": [ 41.175737, 41.253482, 40.915097, 40.419694 ] }, { "date": "2025-11-28", "close": 42.008419, "volume": 3503, "typical_volume": 3867.4, "trend": 39.781929, "fair_value": 32.787909, "relative_strength": 1.350262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.040653, "energy": 33.709809, "activity_lines": [ 41.392973, 41.396269, 41.059482, 40.575191 ] }, { "date": "2025-12-05", "close": 42.50848, "volume": 328, "typical_volume": 3880.7, "trend": 39.98264, "fair_value": 32.891774, "relative_strength": 3.063573, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.51752, "energy": 46.549982, "activity_lines": [ 41.754708, 41.608843, 41.237951, 40.751098 ] }, { "date": "2025-12-12", "close": 42.707943, "volume": 651, "typical_volume": 3837.85, "trend": 40.160453, "fair_value": 33.001669, "relative_strength": 3.634576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.618604, "energy": 50.763065, "activity_lines": [ 42.142475, 41.823934, 41.419178, 40.926924 ] }, { "date": "2025-12-19", "close": 42.899929, "volume": 379, "typical_volume": 3832.75, "trend": 40.348746, "fair_value": 33.112347, "relative_strength": 1.42377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.236956, "energy": 75.161566, "activity_lines": [ 42.481205, 42.057195, 41.604548, 41.103664 ] }, { "date": "2025-12-26", "close": 43.356205, "volume": 2717, "typical_volume": 2747.35, "trend": 40.539107, "fair_value": 33.225576, "relative_strength": 2.684344, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.353275, "energy": 81.898658, "activity_lines": [ 42.901997, 42.337653, 41.812386, 41.297694 ] }, { "date": "2026-01-02", "close": 43.508297, "volume": 4877, "typical_volume": 2230.75, "trend": 40.711727, "fair_value": 33.335625, "relative_strength": 2.102755, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.631003, "energy": 84.956487, "activity_lines": [ 43.172697, 42.607079, 42.016564, 41.489255 ] }, { "date": "2026-01-09", "close": 44.445782, "volume": 432, "typical_volume": 2057.55, "trend": 40.919386, "fair_value": 33.446408, "relative_strength": 2.372206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.35204, "energy": 92.483581, "activity_lines": [ 43.655901, 43.013635, 42.294769, 41.730161 ] }, { "date": "2026-01-16", "close": 44.580421, "volume": 1184, "typical_volume": 2114.25, "trend": 41.147266, "fair_value": 33.558427, "relative_strength": 1.449864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.430896, "energy": 92.444231, "activity_lines": [ 44.054831, 43.398414, 42.567757, 41.966357 ] }, { "date": "2026-01-23", "close": 44.625301, "volume": 706, "typical_volume": 1536.5, "trend": 41.324663, "fair_value": 33.666713, "relative_strength": 2.391042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.104468, "energy": 89.656374, "activity_lines": [ 44.343889, 43.726481, 42.822928, 42.190747 ] }, { "date": "2026-01-30", "close": 45.221203, "volume": 16126, "typical_volume": 2238.45, "trend": 41.523654, "fair_value": 33.776532, "relative_strength": 2.815599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.087789, "energy": 91.918945, "activity_lines": [ 44.716556, 44.112424, 43.11307, 42.442136 ] }, { "date": "2026-02-06", "close": 45.203751, "volume": 4850, "typical_volume": 2478.45, "trend": 41.724946, "fair_value": 33.890096, "relative_strength": 1.220975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.280453, "energy": 86.858916, "activity_lines": [ 44.959073, 44.406524, 43.379651, 42.679562 ] }, { "date": "2026-02-13", "close": 45.620132, "volume": 6117, "typical_volume": 2768.55, "trend": 41.942341, "fair_value": 34.007121, "relative_strength": 1.332547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.917095, "energy": 86.009491, "activity_lines": [ 45.227353, 44.718234, 43.665137, 42.930864 ] }, { "date": "2026-02-20", "close": 45.807133, "volume": 8833, "typical_volume": 3184.3, "trend": 42.144634, "fair_value": 34.129619, "relative_strength": -0.562072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.027297, "energy": 89.171286, "activity_lines": [ 45.479677, 45.007368, 43.944777, 43.180206 ] }, { "date": "2026-02-27", "close": 46.415501, "volume": 38916, "typical_volume": 5124.5, "trend": 42.408724, "fair_value": 34.252981, "relative_strength": -1.377962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.273049, "energy": 93.507259, "activity_lines": [ 45.853009, 45.350765, 44.263215, 43.455745 ] }, { "date": "2026-03-06", "close": 43.8825, "volume": 5339, "typical_volume": 5275.1, "trend": 42.553288, "fair_value": 34.363687, "relative_strength": -1.133449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.322144, "energy": 59.706908, "activity_lines": [ 45.262661, 45.169697, 44.314307, 43.550828 ] }, { "date": "2026-03-13", "close": 42.68, "volume": 9959, "typical_volume": 5506.05, "trend": 42.63248, "fair_value": 34.470101, "relative_strength": -3.629572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.535551, "energy": 22.187652, "activity_lines": [ 44.360727, 44.760424, 44.238238, 43.559003 ] }, { "date": "2026-03-20", "close": 42.032501, "volume": 1328, "typical_volume": 5507.6, "trend": 42.678308, "fair_value": 34.570806, "relative_strength": -1.842477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.458887, "energy": 23.156989, "activity_lines": [ 43.411209, 44.248484, 44.095719, 43.520294 ] }, { "date": "2026-03-27", "close": 41.557499, "volume": 11485, "typical_volume": 6009.35, "trend": 42.732192, "fair_value": 34.661468, "relative_strength": -3.46102, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.59436, "energy": 46.788104, "activity_lines": [ 42.542533, 43.694057, 43.907339, 43.447984 ] }, { "date": "2026-04-03", "close": 42.598228, "volume": 15347, "typical_volume": 6732.55, "trend": 42.817089, "fair_value": 34.758622, "relative_strength": -5.505487, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.745301, "energy": 40.836998, "activity_lines": [ 42.304076, 43.383817, 43.81548, 43.439341 ] }, { "date": "2026-04-10", "close": 44.477486, "volume": 4624, "typical_volume": 6885.05, "trend": 42.945587, "fair_value": 34.865005, "relative_strength": -2.890024, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.604528, "energy": 25.915092, "activity_lines": [ 42.946523, 43.452115, 43.899033, 43.546464 ] }, { "date": "2026-04-17", "close": 46.217911, "volume": 3072, "typical_volume": 6863.5, "trend": 43.124649, "fair_value": 34.982574, "relative_strength": 0.1842, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.526179, "energy": 23.767243, "activity_lines": [ 44.129445, 43.850377, 44.128659, 43.757581 ] }, { "date": "2026-04-24", "close": 45.275803, "volume": 11207, "typical_volume": 7407.45, "trend": 43.278764, "fair_value": 35.094255, "relative_strength": 0.801061, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.11311, "energy": 37.328413, "activity_lines": [ 44.762471, 44.058906, 44.248516, 43.896365 ] }, { "date": "2026-05-01", "close": 45.836109, "volume": 1582, "typical_volume": 7454.0, "trend": 43.413722, "fair_value": 35.209751, "relative_strength": 2.117824, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.354613, "energy": 47.205326, "activity_lines": [ 45.366046, 44.37557, 44.408557, 44.061355 ] }, { "date": "2026-05-08", "close": 46.721195, "volume": 3293, "typical_volume": 7599.7, "trend": 43.606661, "fair_value": 35.332091, "relative_strength": 5.279671, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.796225, "energy": 68.68256, "activity_lines": [ 45.979409, 44.852632, 44.637996, 44.274741 ] }, { "date": "2026-05-15", "close": 46.485668, "volume": 7605, "typical_volume": 7844.1, "trend": 43.781899, "fair_value": 35.450777, "relative_strength": 5.017034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.017347, "energy": 71.372702, "activity_lines": [ 46.239398, 45.281313, 44.826808, 44.460483 ] }, { "date": "2026-05-22", "close": 47.343487, "volume": 3197, "typical_volume": 7760.1, "trend": 43.970828, "fair_value": 35.57763, "relative_strength": 4.071156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.441957, "energy": 73.504092, "activity_lines": [ 46.651448, 45.818631, 45.082414, 44.690263 ] }, { "date": "2026-05-29", "close": 48.233532, "volume": 3724, "typical_volume": 7924.7, "trend": 44.181891, "fair_value": 35.707011, "relative_strength": 6.447022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.502465, "energy": 77.864809, "activity_lines": [ 47.285141, 46.432984, 45.404523, 44.965276 ] }, { "date": "2026-06-05", "close": 47.5625, "volume": 99, "typical_volume": 7870.45, "trend": 44.400225, "fair_value": 35.831292, "relative_strength": 5.266768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.927823, "energy": 75.648579, "activity_lines": [ 47.497975, 46.812586, 45.644688, 45.18338 ] }, { "date": "2026-06-12", "close": 48.240002, "volume": 900, "typical_volume": 7880.15, "trend": 44.613243, "fair_value": 35.954119, "relative_strength": 5.575406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.066503, "energy": 81.54825, "activity_lines": [ 47.82155, 47.206188, 45.935177, 45.431108 ] }, { "date": "2026-06-19", "close": 49.169998, "volume": 704, "typical_volume": 7109.05, "trend": 44.907431, "fair_value": 36.088871, "relative_strength": 8.524389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.110862, "energy": 87.350955, "activity_lines": [ 48.35387, 47.666302, 46.297024, 45.725092 ] }, { "date": "2026-06-26", "close": 48.584999, "volume": 693, "typical_volume": 6901.2, "trend": 45.12665, "fair_value": 36.215665, "relative_strength": 5.683693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.07727, "energy": 81.05885, "activity_lines": [ 48.512235, 47.934734, 46.584353, 45.962354 ] }, { "date": "2026-07-03", "close": 49.305, "volume": 12833, "typical_volume": 7237.0, "trend": 45.353201, "fair_value": 36.350208, "relative_strength": 5.454538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.747242, "energy": 85.724316, "activity_lines": [ 48.827833, 48.291038, 46.924152, 46.231925 ] }, { "date": "2026-07-10", "close": 49.084999, "volume": 9758, "typical_volume": 7283.25, "trend": 45.565769, "fair_value": 36.476332, "relative_strength": 6.662683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.184977, "energy": 82.835775, "activity_lines": [ 48.998666, 48.534084, 47.225451, 46.472686 ] }, { "date": "2026-07-17", "close": 48.0625, "volume": 8826, "typical_volume": 5778.75, "trend": 45.737855, "fair_value": 36.595494, "relative_strength": 3.340672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.316993, "energy": 62.805256, "activity_lines": [ 48.727166, 48.532149, 47.413761, 46.633766 ] }, { "date": "2026-07-24", "close": 48.107498, "volume": 281740, "typical_volume": 19598.8, "trend": 45.896231, "fair_value": 36.713082, "relative_strength": 2.073706, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.950597, "energy": 49.597119, "activity_lines": [ 48.482499, 48.514009, 47.598514, 46.786646 ] }, { "date": "2026-07-31", "close": 48.380001, "volume": 18923, "typical_volume": 20047.0, "trend": 46.058621, "fair_value": 36.836851, "relative_strength": 1.314231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.316864, "energy": 41.043614, "activity_lines": [ 48.3995, 48.515927, 47.7891, 46.946889 ] }, { "date": "2026-08-07", "close": 49.939999, "volume": 25926, "typical_volume": 21276.9, "trend": 46.241762, "fair_value": 36.973164, "relative_strength": 4.158055, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.721123, "energy": 55.993933, "activity_lines": [ 48.850166, 48.782636, 48.101115, 47.197301 ] } ], "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." } } }