{ "ticker": { "uuid": "b5702b74-4376-4d3b-bc1a-35b867418c81", "symbol": "CHSRIA", "name": "UBS MSCI Switzerland IMI Socially Responsible ETF CHF acc", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 86.802, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 86.137, "architecture_energy": 78.212, "architecture_maturity": 24.329, "architecture_confidence": 76.969, "architecture_tenure": "Developing", "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": 3.51, "rotation_up": 70.36, "upward_expansion": 91.1, "deceleration": 48.67, "rotation_down": 20.6, "downward_expansion": 15.44 }, "activity_lines": [ 23.637332, 23.464999, 22.9435, 22.599505 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 24.049999, "trend_reference": 22.281166, "distance_from_trend": 0.079387, "trend_direction": "Improving", "fair_value": 20.260894, "distance_from_fair_value": 0.187016, "fair_value_direction": "Improving", "relative_strength": -0.562362, "relative_strength_direction": "Improving", "price_momentum": 0.082358, "excess_performance": -0.000525, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079387, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02765, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.187016, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.090514, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.005624, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.01167, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.082358, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.877642, "read": "Supply-led" } ], "volume": { "latest": 15897, "relative_activity": 0.269585, "balance": 0.877642, "dry_up": 1.282308, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.018375, "annualized_volatility": 0.149558, "from_high_reference": -0.001039, "from_low_reference": 0.210733 }, "levels": { "trend_reference": 22.281166, "fair_value_reference": 20.260894, "structural_low": 19.864, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": -0.004286, "positive_rate": 0.483871, "directional_follow_through": 0.483871, "median_excess_return": 0.002445, "regime_survival": 0.677419, "best_return": 0.052533, "worst_return": -0.076339, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": -0.008892, "positive_rate": 0.416667, "directional_follow_through": 0.416667, "median_excess_return": 0.004246, "regime_survival": 0.5, "best_return": 0.08364, "worst_return": -0.057368, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.005203, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.00959, "regime_survival": 0.571429, "best_return": 0.131868, "worst_return": -0.144963, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.047304, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.008271, "regime_survival": 0.5, "best_return": 0.161202, "worst_return": -0.137335, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-11-15", "tenure": "Developing", "return": -0.048327, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": -0.026374, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-01-17", "tenure": "New", "return": 0.025953, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.019608, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": 0.017951, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.014886, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": 0.097659, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.014875, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-09-12", "tenure": "Established", "return": -0.002143, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-12-12", "tenure": "Established", "return": 0.034308, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-13", "tenure": "Established", "return": -0.018043, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.097178, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": 0.033739, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.054825, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.942789, "volume": 78840, "typical_volume": 26881.05, "trend": 17.571545, "fair_value": 17.780185, "relative_strength": 0.990081, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.77725, "energy": 23.091921, "activity_lines": [ 17.372483, 17.453778, 17.607141, 17.595352 ] }, { "date": "2023-08-25", "close": 17.204144, "volume": 91917, "typical_volume": 29674.65, "trend": 17.558183, "fair_value": 17.793067, "relative_strength": 1.424476, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.195034, "energy": 44.432384, "activity_lines": [ 17.277767, 17.396469, 17.559886, 17.571649 ] }, { "date": "2023-09-01", "close": 17.491043, "volume": 111460, "typical_volume": 35036.3, "trend": 17.544886, "fair_value": 17.807232, "relative_strength": 1.930135, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.942951, "energy": 38.955548, "activity_lines": [ 17.30423, 17.405866, 17.541255, 17.567317 ] }, { "date": "2023-09-08", "close": 17.325087, "volume": 2088329, "typical_volume": 138873.5, "trend": 17.543349, "fair_value": 17.821432, "relative_strength": 2.071493, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.917204, "energy": 37.73926, "activity_lines": [ 17.303279, 17.382981, 17.50797, 17.553136 ] }, { "date": "2023-09-15", "close": 17.550961, "volume": 21466, "typical_volume": 139448.6, "trend": 17.542727, "fair_value": 17.835117, "relative_strength": 1.05825, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -19.295963, "energy": 12.881783, "activity_lines": [ 17.391957, 17.407075, 17.498671, 17.553627 ] }, { "date": "2023-09-22", "close": 17.297344, "volume": 14040, "typical_volume": 138861.95, "trend": 17.534436, "fair_value": 17.845632, "relative_strength": 1.181138, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.855014, "energy": 8.834008, "activity_lines": [ 17.390137, 17.377858, 17.46687, 17.537796 ] }, { "date": "2023-09-29", "close": 17.180445, "volume": 39752, "typical_volume": 139485.55, "trend": 17.521856, "fair_value": 17.858172, "relative_strength": 0.869867, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.099809, "energy": 27.660144, "activity_lines": [ 17.325713, 17.332302, 17.427647, 17.514958 ] }, { "date": "2023-10-06", "close": 16.962494, "volume": 57646, "typical_volume": 141757.65, "trend": 17.524084, "fair_value": 17.867353, "relative_strength": 0.677023, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.87287, "energy": 43.727392, "activity_lines": [ 17.190219, 17.254516, 17.372028, 17.47887 ] }, { "date": "2023-10-13", "close": 17.119024, "volume": 29800, "typical_volume": 142454.05, "trend": 17.540177, "fair_value": 17.87668, "relative_strength": 0.939014, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.768757, "energy": 52.823948, "activity_lines": [ 17.142139, 17.222411, 17.337126, 17.452737 ] }, { "date": "2023-10-20", "close": 16.346289, "volume": 18187, "typical_volume": 140476.65, "trend": 17.530971, "fair_value": 17.881376, "relative_strength": 1.438348, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.758658, "energy": 76.163388, "activity_lines": [ 16.850217, 17.057465, 17.232359, 17.375712 ] }, { "date": "2023-10-27", "close": 16.407713, "volume": 15581, "typical_volume": 140611.55, "trend": 17.496366, "fair_value": 17.886988, "relative_strength": 1.942688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.097646, "energy": 80.7852, "activity_lines": [ 16.659082, 16.923966, 17.141054, 17.303244 ] }, { "date": "2023-11-03", "close": 16.990234, "volume": 45528, "typical_volume": 141162.0, "trend": 17.480131, "fair_value": 17.900793, "relative_strength": 2.872296, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.674214, "energy": 67.861379, "activity_lines": [ 16.721429, 16.906107, 17.111181, 17.27059 ] }, { "date": "2023-11-10", "close": 16.871353, "volume": 19722, "typical_volume": 141171.75, "trend": 17.451418, "fair_value": 17.907079, "relative_strength": 2.30735, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.418765, "energy": 60.389362, "activity_lines": [ 16.756829, 16.870524, 17.074814, 17.231314 ] }, { "date": "2023-11-17", "close": 17.325087, "volume": 187618, "typical_volume": 149803.0, "trend": 17.434096, "fair_value": 17.915044, "relative_strength": 3.171053, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.723834, "energy": 24.033045, "activity_lines": [ 16.949551, 16.928704, 17.084058, 17.223164 ] }, { "date": "2023-11-24", "close": 17.441988, "volume": 19329, "typical_volume": 149664.2, "trend": 17.418902, "fair_value": 17.923685, "relative_strength": 2.41162, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.037255, "energy": 18.094025, "activity_lines": [ 17.167502, 17.008139, 17.105983, 17.223673 ] }, { "date": "2023-12-01", "close": 17.501429, "volume": 10062, "typical_volume": 146965.55, "trend": 17.399728, "fair_value": 17.932929, "relative_strength": 2.577056, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.560509, "energy": 20.626692, "activity_lines": [ 17.33222, 17.100363, 17.132204, 17.228998 ] }, { "date": "2023-12-08", "close": 17.731268, "volume": 295268, "typical_volume": 161430.85, "trend": 17.387561, "fair_value": 17.944616, "relative_strength": 2.088588, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 33.782717, "energy": 37.41529, "activity_lines": [ 17.500636, 17.230666, 17.180629, 17.250387 ] }, { "date": "2023-12-15", "close": 18.25831, "volume": 30927, "typical_volume": 161889.5, "trend": 17.39008, "fair_value": 17.959917, "relative_strength": 3.843239, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.467145, "energy": 66.510582, "activity_lines": [ 17.795331, 17.446779, 17.278563, 17.306565 ] }, { "date": "2023-12-22", "close": 18.10178, "volume": 50776, "typical_volume": 162711.5, "trend": 17.396748, "fair_value": 17.972775, "relative_strength": 3.172398, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.895502, "energy": 71.287623, "activity_lines": [ 17.945386, 17.610871, 17.359929, 17.352481 ] }, { "date": "2023-12-29", "close": 18.095839, "volume": 11746, "typical_volume": 161899.7, "trend": 17.401777, "fair_value": 17.986078, "relative_strength": 3.164471, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.771677, "energy": 71.372712, "activity_lines": [ 18.041681, 17.756016, 17.438055, 17.397583 ] }, { "date": "2024-01-05", "close": 17.919497, "volume": 14529, "typical_volume": 158684.15, "trend": 17.410491, "fair_value": 17.996873, "relative_strength": 1.633254, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.744052, "energy": 76.40753, "activity_lines": [ 18.035605, 17.837288, 17.496366, 17.430985 ] }, { "date": "2024-01-12", "close": 18.030455, "volume": 32974, "typical_volume": 155737.0, "trend": 17.411375, "fair_value": 18.005721, "relative_strength": 1.808665, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.949751, "energy": 62.959918, "activity_lines": [ 18.038643, 17.911247, 17.560593, 17.470982 ] }, { "date": "2024-01-19", "close": 17.838261, "volume": 45095, "typical_volume": 152418.75, "trend": 17.426814, "fair_value": 18.013287, "relative_strength": 1.340464, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.689833, "energy": 47.531235, "activity_lines": [ 17.957672, 17.931349, 17.602582, 17.498523 ] }, { "date": "2024-01-26", "close": 18.224628, "volume": 38919, "typical_volume": 49948.25, "trend": 17.445961, "fair_value": 18.022958, "relative_strength": 1.300005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.753856, "energy": 50.54785, "activity_lines": [ 18.033492, 18.004119, 17.679714, 17.549995 ] }, { "date": "2024-02-02", "close": 18.044323, "volume": 66068, "typical_volume": 52178.35, "trend": 17.475604, "fair_value": 18.033397, "relative_strength": 1.604322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.965253, "energy": 45.634116, "activity_lines": [ 18.041021, 18.027752, 17.73539, 17.588599 ] }, { "date": "2024-02-09", "close": 17.953178, "volume": 178663, "typical_volume": 60409.5, "trend": 17.488454, "fair_value": 18.040409, "relative_strength": 2.36872, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.639771, "energy": 37.645628, "activity_lines": [ 18.021603, 18.023861, 17.780037, 17.61941 ] }, { "date": "2024-02-16", "close": 18.307846, "volume": 51552, "typical_volume": 60999.5, "trend": 17.512472, "fair_value": 18.048402, "relative_strength": 2.297621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.979306, "energy": 53.98201, "activity_lines": [ 18.118162, 18.076241, 17.855338, 17.672274 ] }, { "date": "2024-02-23", "close": 18.610994, "volume": 61441, "typical_volume": 61189.25, "trend": 17.535851, "fair_value": 18.058575, "relative_strength": 2.246045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.633528, "energy": 70.451978, "activity_lines": [ 18.297277, 18.173256, 17.954142, 17.743147 ] }, { "date": "2024-03-01", "close": 18.527777, "volume": 92344, "typical_volume": 64316.45, "trend": 17.568772, "fair_value": 18.071107, "relative_strength": 1.760975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.685725, "energy": 77.330818, "activity_lines": [ 18.397139, 18.248728, 18.037171, 17.807142 ] }, { "date": "2024-03-08", "close": 18.896311, "volume": 81556, "typical_volume": 67484.9, "trend": 17.616596, "fair_value": 18.082289, "relative_strength": 2.354001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.135468, "energy": 89.819619, "activity_lines": [ 18.599634, 18.383461, 18.14859, 17.89279 ] }, { "date": "2024-03-15", "close": 19.06671, "volume": 30047, "typical_volume": 68208.2, "trend": 17.687394, "fair_value": 18.0928, "relative_strength": 2.938747, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.567658, "energy": 93.424581, "activity_lines": [ 18.802131, 18.534622, 18.264095, 17.986345 ] }, { "date": "2024-03-22", "close": 19.197479, "volume": 44076, "typical_volume": 68135.6, "trend": 17.753838, "fair_value": 18.101851, "relative_strength": 3.753279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.856378, "energy": 92.371983, "activity_lines": [ 18.973981, 18.6887, 18.379391, 18.08377 ] }, { "date": "2024-03-29", "close": 19.314379, "volume": 65099, "typical_volume": 70404.45, "trend": 17.814616, "fair_value": 18.110211, "relative_strength": 3.592089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.163699, "energy": 92.127028, "activity_lines": [ 19.125489, 18.842814, 18.495311, 18.18445 ] }, { "date": "2024-04-05", "close": 18.995378, "volume": 736206, "typical_volume": 97833.85, "trend": 17.870292, "fair_value": 18.115185, "relative_strength": 3.839907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.269952, "energy": 77.21861, "activity_lines": [ 19.123772, 18.91209, 18.569216, 18.260629 ] }, { "date": "2024-04-12", "close": 18.832909, "volume": 64902, "typical_volume": 100112.5, "trend": 17.913024, "fair_value": 18.118273, "relative_strength": 3.888068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.276684, "energy": 59.884443, "activity_lines": [ 19.036724, 18.937812, 18.619693, 18.322733 ] }, { "date": "2024-04-19", "close": 18.624863, "volume": 44414, "typical_volume": 101830.1, "trend": 17.957275, "fair_value": 18.120722, "relative_strength": 3.382512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.670546, "energy": 40.941002, "activity_lines": [ 18.884555, 18.911369, 18.643734, 18.368658 ] }, { "date": "2024-04-26", "close": 18.828945, "volume": 65258, "typical_volume": 90329.6, "trend": 18.012225, "fair_value": 18.125226, "relative_strength": 3.9549, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.24155, "energy": 29.182049, "activity_lines": [ 18.829869, 18.90982, 18.681861, 18.424895 ] }, { "date": "2024-05-03", "close": 18.80715, "volume": 25715, "typical_volume": 90069.0, "trend": 18.073713, "fair_value": 18.127689, "relative_strength": 4.361428, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.878654, "energy": 22.847218, "activity_lines": [ 18.792488, 18.894834, 18.712686, 18.47618 ] }, { "date": "2024-05-10", "close": 19.439207, "volume": 52058, "typical_volume": 90133.1, "trend": 18.151053, "fair_value": 18.136365, "relative_strength": 3.345916, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.082432, "energy": 42.009281, "activity_lines": [ 18.999607, 18.991201, 18.801092, 18.564277 ] }, { "date": "2024-05-17", "close": 19.927614, "volume": 72309, "typical_volume": 93161.25, "trend": 18.27043, "fair_value": 18.145004, "relative_strength": 3.336202, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 83.742207, "energy": 68.697434, "activity_lines": [ 19.33994, 19.159797, 18.929646, 18.678893 ] }, { "date": "2024-05-24", "close": 20.051449, "volume": 21238, "typical_volume": 93496.7, "trend": 18.391888, "fair_value": 18.152376, "relative_strength": 4.760128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.495781, "energy": 88.604792, "activity_lines": [ 19.648571, 19.332158, 19.06127, 18.793798 ] }, { "date": "2024-05-31", "close": 19.967241, "volume": 26841, "typical_volume": 93190.05, "trend": 18.491122, "fair_value": 18.157321, "relative_strength": 3.600181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.321501, "energy": 88.116914, "activity_lines": [ 19.834027, 19.471305, 19.174722, 18.895434 ] }, { "date": "2024-06-07", "close": 20.195097, "volume": 132852, "typical_volume": 97577.9, "trend": 18.601913, "fair_value": 18.16249, "relative_strength": 2.514573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.384971, "energy": 90.815955, "activity_lines": [ 20.019549, 19.637883, 19.300652, 19.005367 ] }, { "date": "2024-06-14", "close": 19.803776, "volume": 48973, "typical_volume": 98080.6, "trend": 18.684536, "fair_value": 18.165151, "relative_strength": 2.205255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.764714, "energy": 80.865881, "activity_lines": [ 19.9821, 19.7173, 19.37809, 19.082907 ] }, { "date": "2024-06-21", "close": 19.858265, "volume": 35016, "typical_volume": 96528.0, "trend": 18.765079, "fair_value": 18.167571, "relative_strength": 2.628671, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.145476, "energy": 59.166283, "activity_lines": [ 19.93851, 19.791925, 19.453198, 19.158631 ] }, { "date": "2024-06-28", "close": 19.863218, "volume": 220617, "typical_volume": 98625.7, "trend": 18.843805, "fair_value": 18.169246, "relative_strength": 2.705125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.965841, "energy": 52.630672, "activity_lines": [ 19.901194, 19.848808, 19.52014, 19.229479 ] }, { "date": "2024-07-05", "close": 20.155468, "volume": 70339, "typical_volume": 99565.05, "trend": 18.924612, "fair_value": 18.173044, "relative_strength": 3.983794, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.531908, "energy": 53.873922, "activity_lines": [ 19.973844, 19.936312, 19.60582, 19.314103 ] }, { "date": "2024-07-12", "close": 20.408096, "volume": 43347, "typical_volume": 98660.35, "trend": 18.996271, "fair_value": 18.177871, "relative_strength": 2.145737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.976596, "energy": 59.563772, "activity_lines": [ 20.118154, 20.04563, 19.706761, 19.409811 ] }, { "date": "2024-07-19", "close": 20.026682, "volume": 61967, "typical_volume": 97141.5, "trend": 19.060434, "fair_value": 18.178669, "relative_strength": 1.72366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.766853, "energy": 52.853915, "activity_lines": [ 20.121127, 20.056492, 19.76282, 19.476289 ] }, { "date": "2024-07-26", "close": 20.3437, "volume": 34028, "typical_volume": 94765.1, "trend": 19.135363, "fair_value": 18.181593, "relative_strength": 2.662531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.88215, "energy": 62.480704, "activity_lines": [ 20.214911, 20.114312, 19.841933, 19.559081 ] }, { "date": "2024-08-02", "close": 19.756224, "volume": 57827, "typical_volume": 96154.1, "trend": 19.196587, "fair_value": 18.179571, "relative_strength": 2.668828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.925476, "energy": 42.514381, "activity_lines": [ 20.080508, 20.057753, 19.858204, 19.599136 ] }, { "date": "2024-08-09", "close": 19.776039, "volume": 63094, "typical_volume": 97105.0, "trend": 19.254774, "fair_value": 18.176, "relative_strength": 2.744016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.050353, "energy": 25.494028, "activity_lines": [ 19.959843, 20.010164, 19.873078, 19.63652 ] }, { "date": "2024-08-16", "close": 20.304073, "volume": 14106, "typical_volume": 94555.35, "trend": 19.336967, "fair_value": 18.176, "relative_strength": 2.568811, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.622321, "energy": 31.910375, "activity_lines": [ 20.040485, 20.062058, 19.935487, 19.704217 ] }, { "date": "2024-08-23", "close": 20.561651, "volume": 7672, "typical_volume": 58128.65, "trend": 19.414868, "fair_value": 18.176781, "relative_strength": 2.419411, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.008156, "energy": 40.491328, "activity_lines": [ 20.213921, 20.158803, 20.017713, 19.783229 ] }, { "date": "2024-08-30", "close": 20.670626, "volume": 47280, "typical_volume": 57247.55, "trend": 19.502412, "fair_value": 18.17823, "relative_strength": 2.124336, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.703697, "energy": 53.851089, "activity_lines": [ 20.388017, 20.261582, 20.10286, 19.864245 ] }, { "date": "2024-09-06", "close": 20.013971, "volume": 181086, "typical_volume": 64081.15, "trend": 19.571105, "fair_value": 18.176971, "relative_strength": 3.147467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.243494, "energy": 45.197174, "activity_lines": [ 20.321433, 20.230199, 20.116718, 19.897249 ] }, { "date": "2024-09-13", "close": 20.368246, "volume": 109717, "typical_volume": 66304.1, "trend": 19.639785, "fair_value": 18.178169, "relative_strength": 3.695354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.418111, "energy": 44.851482, "activity_lines": [ 20.355758, 20.260488, 20.157701, 19.948678 ] }, { "date": "2024-09-20", "close": 20.26346, "volume": 31796, "typical_volume": 66608.15, "trend": 19.694867, "fair_value": 18.180508, "relative_strength": 3.897861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.0887, "energy": 34.039375, "activity_lines": [ 20.315673, 20.267857, 20.181374, 19.988915 ] }, { "date": "2024-09-27", "close": 20.802353, "volume": 55359, "typical_volume": 66773.2, "trend": 19.770686, "fair_value": 18.190886, "relative_strength": 3.882665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.375722, "energy": 39.607291, "activity_lines": [ 20.457927, 20.375836, 20.249436, 20.060366 ] }, { "date": "2024-10-04", "close": 20.492989, "volume": 48853, "typical_volume": 65600.4, "trend": 19.823909, "fair_value": 18.199443, "relative_strength": 4.184034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.341352, "energy": 36.871201, "activity_lines": [ 20.481013, 20.413465, 20.281543, 20.106966 ] }, { "date": "2024-10-11", "close": 20.582806, "volume": 32185, "typical_volume": 66147.75, "trend": 19.874445, "fair_value": 18.20614, "relative_strength": 3.139351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.365877, "energy": 38.637455, "activity_lines": [ 20.545881, 20.464709, 20.319512, 20.155927 ] }, { "date": "2024-10-18", "close": 20.717529, "volume": 20579, "typical_volume": 65834.65, "trend": 19.925113, "fair_value": 18.212607, "relative_strength": 2.239984, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.919851, "energy": 51.449454, "activity_lines": [ 20.617733, 20.525419, 20.367781, 20.210319 ] }, { "date": "2024-10-25", "close": 20.293398, "volume": 9275, "typical_volume": 59655.8, "trend": 19.957747, "fair_value": 18.216668, "relative_strength": 1.230035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.211011, "energy": 31.383047, "activity_lines": [ 20.524924, 20.491897, 20.372085, 20.23408 ] }, { "date": "2024-11-01", "close": 20.128736, "volume": 183043, "typical_volume": 66359.3, "trend": 19.995526, "fair_value": 18.217019, "relative_strength": 2.136869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.754066, "energy": 16.004261, "activity_lines": [ 20.375231, 20.42863, 20.360238, 20.245111 ] }, { "date": "2024-11-08", "close": 19.957087, "volume": 84676, "typical_volume": 68842.3, "trend": 20.032999, "fair_value": 18.214676, "relative_strength": 2.608911, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.494731, "energy": 12.881258, "activity_lines": [ 20.213229, 20.342026, 20.330496, 20.242631 ] }, { "date": "2024-11-15", "close": 19.671673, "volume": 89590, "typical_volume": 62290.95, "trend": 20.067892, "fair_value": 18.211285, "relative_strength": 2.532453, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -30.698822, "energy": 32.053748, "activity_lines": [ 19.991816, 20.216501, 20.273101, 20.21932 ] }, { "date": "2024-11-22", "close": 19.9032, "volume": 81087, "typical_volume": 62828.35, "trend": 20.103701, "fair_value": 18.213313, "relative_strength": 2.83263, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.449697, "energy": 34.769291, "activity_lines": [ 19.908322, 20.139296, 20.238669, 20.208695 ] }, { "date": "2024-11-29", "close": 19.839329, "volume": 146628, "typical_volume": 67992.4, "trend": 20.138107, "fair_value": 18.215494, "relative_strength": 1.993316, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.789601, "energy": 44.568407, "activity_lines": [ 19.857825, 20.058934, 20.199355, 20.191638 ] }, { "date": "2024-12-06", "close": 19.984032, "volume": 201828, "typical_volume": 74985.45, "trend": 20.156268, "fair_value": 18.214823, "relative_strength": 2.480705, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.389931, "energy": 46.570115, "activity_lines": [ 19.885834, 20.012592, 20.17653, 20.181698 ] }, { "date": "2024-12-13", "close": 19.839329, "volume": 195530, "typical_volume": 83060.55, "trend": 20.153325, "fair_value": 18.212756, "relative_strength": 2.411306, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.802569, "energy": 30.32891, "activity_lines": [ 19.875256, 19.95482, 20.140128, 20.16125 ] }, { "date": "2024-12-20", "close": 19.378275, "volume": 907570, "typical_volume": 125547.7, "trend": 20.130886, "fair_value": 18.206078, "relative_strength": 2.656541, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.904942, "energy": 53.806404, "activity_lines": [ 19.718843, 19.825104, 20.062217, 20.111247 ] }, { "date": "2024-12-27", "close": 19.687641, "volume": 31653, "typical_volume": 123975.65, "trend": 20.121566, "fair_value": 18.199854, "relative_strength": 2.367866, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.910331, "energy": 48.401643, "activity_lines": [ 19.685112, 19.773537, 20.015569, 20.082651 ] }, { "date": "2025-01-03", "close": 19.757498, "volume": 20091, "typical_volume": 124274.9, "trend": 20.106979, "fair_value": 18.196075, "relative_strength": 2.30872, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.545538, "energy": 47.873027, "activity_lines": [ 19.689038, 19.753397, 19.975996, 20.059163 ] }, { "date": "2025-01-10", "close": 19.919167, "volume": 68581, "typical_volume": 127320.35, "trend": 20.110825, "fair_value": 18.196644, "relative_strength": 1.579544, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.621283, "energy": 35.26428, "activity_lines": [ 19.752309, 19.772394, 19.954422, 20.047046 ] }, { "date": "2025-01-17", "close": 20.198593, "volume": 142936, "typical_volume": 132103.15, "trend": 20.12217, "fair_value": 18.201815, "relative_strength": 1.201203, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.94694, "energy": 14.002783, "activity_lines": [ 19.913046, 19.846007, 19.96252, 20.052708 ] }, { "date": "2025-01-24", "close": 20.612743, "volume": 444348, "typical_volume": 145266.25, "trend": 20.147154, "fair_value": 18.212402, "relative_strength": 0.68962, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.407745, "energy": 22.417074, "activity_lines": [ 20.187882, 19.990529, 20.012308, 20.084358 ] }, { "date": "2025-01-31", "close": 21.016914, "volume": 93854, "typical_volume": 144473.1, "trend": 20.175869, "fair_value": 18.224805, "relative_strength": 0.066289, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.577465, "energy": 47.97034, "activity_lines": [ 20.515144, 20.191426, 20.097738, 20.140472 ] }, { "date": "2025-02-07", "close": 20.847263, "volume": 309736, "typical_volume": 158370.1, "trend": 20.190508, "fair_value": 18.235246, "relative_strength": -0.754013, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.082253, "energy": 61.525552, "activity_lines": [ 20.697237, 20.341228, 20.163921, 20.183787 ] }, { "date": "2025-02-14", "close": 21.221497, "volume": 193914, "typical_volume": 165297.85, "trend": 20.230335, "fair_value": 18.250722, "relative_strength": -0.951177, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.782763, "energy": 85.949474, "activity_lines": [ 20.931424, 20.540746, 20.262966, 20.250303 ] }, { "date": "2025-02-21", "close": 21.251436, "volume": 197608, "typical_volume": 172735.6, "trend": 20.260593, "fair_value": 18.266577, "relative_strength": -1.669725, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.170464, "energy": 87.9003, "activity_lines": [ 21.088769, 20.723209, 20.362866, 20.31618 ] }, { "date": "2025-02-28", "close": 21.086771, "volume": 274549, "typical_volume": 184853.8, "trend": 20.304944, "fair_value": 18.288223, "relative_strength": -2.861558, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.627823, "energy": 81.109365, "activity_lines": [ 21.121035, 20.850057, 20.443472, 20.369482 ] }, { "date": "2025-03-07", "close": 21.18158, "volume": 280223, "typical_volume": 197836.0, "trend": 20.351796, "fair_value": 18.308116, "relative_strength": -2.960637, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.657345, "energy": 75.699341, "activity_lines": [ 21.153303, 20.963081, 20.530708, 20.426039 ] }, { "date": "2025-03-14", "close": 20.904381, "volume": 424989, "typical_volume": 218621.7, "trend": 20.371806, "fair_value": 18.319685, "relative_strength": -3.028954, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.842551, "energy": 50.291338, "activity_lines": [ 21.082194, 20.998542, 20.589334, 20.46169 ] }, { "date": "2025-03-21", "close": 21.064146, "volume": 206706, "typical_volume": 219804.85, "trend": 20.388556, "fair_value": 18.333053, "relative_strength": -3.432263, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.392215, "energy": 46.044165, "activity_lines": [ 21.060531, 21.042198, 20.660266, 20.506357 ] }, { "date": "2025-03-28", "close": 20.935081, "volume": 197942, "typical_volume": 225468.15, "trend": 20.397371, "fair_value": 18.343932, "relative_strength": -2.249503, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.158002, "energy": 36.183165, "activity_lines": [ 21.006338, 21.041571, 20.714452, 20.541617 ] }, { "date": "2025-04-04", "close": 19.072409, "volume": 101030, "typical_volume": 226040.15, "trend": 20.365985, "fair_value": 18.341709, "relative_strength": -1.820069, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -24.49647, "energy": 26.719706, "activity_lines": [ 20.352343, 20.688885, 20.586583, 20.456135 ] }, { "date": "2025-04-11", "close": 18.730652, "volume": 284359, "typical_volume": 236203.75, "trend": 20.311399, "fair_value": 18.337645, "relative_strength": -0.083976, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.249015, "energy": 44.222378, "activity_lines": [ 19.718721, 20.302067, 20.42902, 20.35063 ] }, { "date": "2025-04-18", "close": 19.456135, "volume": 666145, "typical_volume": 262179.6, "trend": 20.284488, "fair_value": 18.339705, "relative_strength": 0.015064, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.07031, "energy": 41.685822, "activity_lines": [ 19.490321, 20.088724, 20.346134, 20.295452 ] }, { "date": "2025-04-25", "close": 20.26, "volume": 138706, "typical_volume": 259023.5, "trend": 20.26641, "fair_value": 18.348168, "relative_strength": 1.65289, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.726687, "energy": 38.108292, "activity_lines": [ 19.626426, 20.046832, 20.341632, 20.293872 ] }, { "date": "2025-05-02", "close": 20.934999, "volume": 187181, "typical_volume": 258606.05, "trend": 20.281143, "fair_value": 18.364656, "relative_strength": 2.320113, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.582489, "energy": 16.14742, "activity_lines": [ 20.041141, 20.145148, 20.400101, 20.337007 ] }, { "date": "2025-05-09", "close": 20.84, "volume": 166650, "typical_volume": 221560.05, "trend": 20.289716, "fair_value": 18.38131, "relative_strength": 3.175121, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.56157, "energy": 17.109035, "activity_lines": [ 20.424195, 20.231945, 20.444305, 20.373062 ] }, { "date": "2025-05-16", "close": 21.15, "volume": 69628, "typical_volume": 223458.8, "trend": 20.304132, "fair_value": 18.40145, "relative_strength": 2.536726, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.574192, "energy": 39.298199, "activity_lines": [ 20.792742, 20.379593, 20.511072, 20.428564 ] }, { "date": "2025-05-23", "close": 21.0, "volume": 45902, "typical_volume": 224749.35, "trend": 20.327686, "fair_value": 18.419441, "relative_strength": 2.899405, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.977069, "energy": 39.376976, "activity_lines": [ 20.95, 20.500542, 20.55659, 20.473459 ] }, { "date": "2025-05-30", "close": 21.209999, "volume": 538251, "typical_volume": 248232.85, "trend": 20.363728, "fair_value": 18.439191, "relative_strength": 3.602703, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.570093, "energy": 53.963511, "activity_lines": [ 21.074333, 20.657934, 20.616191, 20.530382 ] }, { "date": "2025-06-06", "close": 21.33, "volume": 251812, "typical_volume": 253676.65, "trend": 20.409491, "fair_value": 18.464982, "relative_strength": 2.926046, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.305817, "energy": 60.481589, "activity_lines": [ 21.175333, 20.834493, 20.681073, 20.592722 ] }, { "date": "2025-06-13", "close": 21.075001, "volume": 214495, "typical_volume": 242184.0, "trend": 20.456269, "fair_value": 18.49616, "relative_strength": 3.430907, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.085972, "energy": 45.366862, "activity_lines": [ 21.165, 20.957508, 20.716283, 20.635658 ] }, { "date": "2025-06-20", "close": 20.75, "volume": 86509, "typical_volume": 241816.75, "trend": 20.484496, "fair_value": 18.52107, "relative_strength": 4.079199, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.638624, "energy": 31.678047, "activity_lines": [ 21.030667, 20.985021, 20.718339, 20.654609 ] }, { "date": "2025-06-27", "close": 20.84, "volume": 17508, "typical_volume": 227205.35, "trend": 20.517851, "fair_value": 18.547168, "relative_strength": 3.480251, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.416151, "energy": 22.322358, "activity_lines": [ 20.953, 20.992182, 20.730237, 20.677545 ] }, { "date": "2025-07-04", "close": 20.74, "volume": 99704, "typical_volume": 222494.85, "trend": 20.54305, "fair_value": 18.570801, "relative_strength": 2.989163, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 34.705851, "energy": 16.527454, "activity_lines": [ 20.852667, 20.956, 20.732646, 20.691877 ] }, { "date": "2025-07-11", "close": 21.014999, "volume": 69798, "typical_volume": 216104.35, "trend": 20.582239, "fair_value": 18.596822, "relative_strength": 4.529173, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.185467, "energy": 19.592713, "activity_lines": [ 20.875333, 20.961091, 20.763539, 20.722325 ] }, { "date": "2025-07-18", "close": 21.165001, "volume": 52749, "typical_volume": 205014.35, "trend": 20.641797, "fair_value": 18.621381, "relative_strength": 4.73075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.472559, "energy": 22.972907, "activity_lines": [ 20.969, 20.992, 20.809843, 20.759923 ] }, { "date": "2025-07-25", "close": 21.245001, "volume": 45741, "typical_volume": 193290.25, "trend": 20.693709, "fair_value": 18.645565, "relative_strength": 5.227488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.736857, "energy": 44.005714, "activity_lines": [ 21.083334, 21.031546, 20.863394, 20.798839 ] }, { "date": "2025-08-01", "close": 20.915001, "volume": 93059, "typical_volume": 176693.75, "trend": 20.732292, "fair_value": 18.667197, "relative_strength": 4.517767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.55763, "energy": 38.565558, "activity_lines": [ 21.054667, 21.009364, 20.885214, 20.813116 ] }, { "date": "2025-08-08", "close": 21.004999, "volume": 70747, "typical_volume": 169895.8, "trend": 20.768487, "fair_value": 18.689094, "relative_strength": 4.571604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.625214, "energy": 29.890858, "activity_lines": [ 21.051, 21.005091, 20.915554, 20.83071 ] }, { "date": "2025-08-15", "close": 21.17, "volume": 28659, "typical_volume": 161431.65, "trend": 20.800867, "fair_value": 18.713609, "relative_strength": 3.479147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.485994, "energy": 32.689724, "activity_lines": [ 21.084667, 21.034546, 20.961891, 20.856614 ] }, { "date": "2025-08-22", "close": 21.235001, "volume": 94305, "typical_volume": 161095.4, "trend": 20.821609, "fair_value": 18.740741, "relative_strength": 2.10789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.811776, "energy": 31.212438, "activity_lines": [ 21.129667, 21.078728, 21.0133, 20.884623 ] }, { "date": "2025-08-29", "close": 21.105, "volume": 141791, "typical_volume": 153967.0, "trend": 20.824545, "fair_value": 18.770437, "relative_strength": 2.045637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.338358, "energy": 29.457011, "activity_lines": [ 21.126667, 21.096364, 21.042029, 20.902906 ] }, { "date": "2025-09-05", "close": 21.125, "volume": 1013231, "typical_volume": 171321.3, "trend": 20.833803, "fair_value": 18.798518, "relative_strength": 0.60063, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.979807, "energy": 31.012451, "activity_lines": [ 21.139667, 21.111182, 21.061357, 20.92229 ] }, { "date": "2025-09-12", "close": 20.955, "volume": 193982, "typical_volume": 174085.1, "trend": 20.82492, "fair_value": 18.828596, "relative_strength": 1.206948, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.805792, "energy": 20.301932, "activity_lines": [ 21.082, 21.089909, 21.056548, 20.930109 ] }, { "date": "2025-09-19", "close": 20.695, "volume": 179534, "typical_volume": 173702.75, "trend": 20.806372, "fair_value": 18.862889, "relative_strength": 0.633559, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.577629, "energy": 7.828927, "activity_lines": [ 20.941, 21.017455, 21.023667, 20.921727 ] }, { "date": "2025-09-26", "close": 20.365, "volume": 60950, "typical_volume": 168417.75, "trend": 20.782313, "fair_value": 18.89542, "relative_strength": 0.514333, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.728336, "energy": 29.90391, "activity_lines": [ 20.721667, 20.890818, 20.9605, 20.893252 ] }, { "date": "2025-10-03", "close": 21.01, "volume": 67699, "typical_volume": 168321.3, "trend": 20.776594, "fair_value": 18.930398, "relative_strength": -1.057458, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.089185, "energy": 18.036023, "activity_lines": [ 20.775333, 20.896, 20.961024, 20.907941 ] }, { "date": "2025-10-10", "close": 21.1, "volume": 36966, "typical_volume": 167874.5, "trend": 20.783114, "fair_value": 18.966041, "relative_strength": -0.425205, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.968839, "energy": 16.989214, "activity_lines": [ 20.865333, 20.921818, 20.970786, 20.928806 ] }, { "date": "2025-10-17", "close": 21.08, "volume": 104926, "typical_volume": 146208.25, "trend": 20.783643, "fair_value": 19.000081, "relative_strength": -1.787527, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.57231, "energy": 13.718175, "activity_lines": [ 20.950333, 20.940636, 20.978167, 20.94796 ] }, { "date": "2025-10-24", "close": 21.315001, "volume": 14960, "typical_volume": 134365.65, "trend": 20.796307, "fair_value": 19.033676, "relative_strength": -0.124048, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.865362, "energy": 30.43463, "activity_lines": [ 21.105334, 21.000818, 21.008548, 20.982241 ] }, { "date": "2025-10-31", "close": 20.945, "volume": 189409, "typical_volume": 133111.35, "trend": 20.858726, "fair_value": 19.064282, "relative_strength": 0.784724, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.564106, "energy": 23.670761, "activity_lines": [ 21.095667, 20.991091, 21.003762, 20.991834 ] }, { "date": "2025-11-07", "close": 20.82, "volume": 32888, "typical_volume": 130430.3, "trend": 20.928371, "fair_value": 19.088292, "relative_strength": -0.338355, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.982243, "energy": 11.022312, "activity_lines": [ 21.005667, 20.963909, 20.987691, 20.989336 ] }, { "date": "2025-11-14", "close": 21.1, "volume": 20264, "typical_volume": 130568.1, "trend": 20.983167, "fair_value": 19.115255, "relative_strength": -1.659413, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.272631, "energy": 13.713823, "activity_lines": [ 21.021667, 20.992818, 20.997953, 21.000409 ] }, { "date": "2025-11-21", "close": 20.82, "volume": 30473, "typical_volume": 127106.55, "trend": 21.001833, "fair_value": 19.139542, "relative_strength": -2.89622, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.770156, "energy": 20.630002, "activity_lines": [ 20.944333, 20.971273, 20.98031, 20.989882 ] }, { "date": "2025-11-28", "close": 21.34, "volume": 88001, "typical_volume": 128016.7, "trend": 21.015333, "fair_value": 19.167188, "relative_strength": -2.005741, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.056492, "energy": 10.44177, "activity_lines": [ 21.057667, 21.046727, 21.01181, 21.011699 ] }, { "date": "2025-12-05", "close": 21.434999, "volume": 24216, "typical_volume": 126590.05, "trend": 21.035167, "fair_value": 19.196891, "relative_strength": -2.304589, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.360433, "energy": 42.123228, "activity_lines": [ 21.201, 21.127727, 21.05081, 21.038774 ] }, { "date": "2025-12-12", "close": 21.405001, "volume": 69785, "typical_volume": 127792.25, "trend": 21.043667, "fair_value": 19.22969, "relative_strength": -2.032246, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.233627, "energy": 50.982708, "activity_lines": [ 21.301667, 21.183818, 21.085667, 21.062635 ] }, { "date": "2025-12-19", "close": 21.615, "volume": 1050100, "typical_volume": 175644.3, "trend": 21.064167, "fair_value": 19.263444, "relative_strength": -3.139769, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.934461, "energy": 65.149831, "activity_lines": [ 21.433333, 21.270909, 21.139762, 21.099495 ] }, { "date": "2025-12-26", "close": 21.805, "volume": 190444, "typical_volume": 181629.15, "trend": 21.084, "fair_value": 19.297786, "relative_strength": -2.754215, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.198622, "energy": 73.497645, "activity_lines": [ 21.594, 21.383182, 21.208619, 21.14729 ] }, { "date": "2026-01-02", "close": 21.825001, "volume": 25522, "typical_volume": 181472.3, "trend": 21.1005, "fair_value": 19.328226, "relative_strength": -2.78567, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.04263, "energy": 77.472403, "activity_lines": [ 21.695667, 21.485909, 21.275572, 21.195097 ] }, { "date": "2026-01-09", "close": 22.07, "volume": 1812856, "typical_volume": 267399.85, "trend": 21.133667, "fair_value": 19.35841, "relative_strength": -2.775217, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.849867, "energy": 81.843636, "activity_lines": [ 21.846667, 21.623909, 21.362738, 21.257645 ] }, { "date": "2026-01-16", "close": 22.155001, "volume": 297880, "typical_volume": 275204.3, "trend": 21.1805, "fair_value": 19.388609, "relative_strength": -2.304331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.035798, "energy": 83.828899, "activity_lines": [ 21.983667, 21.756909, 21.454024, 21.323538 ] }, { "date": "2026-01-23", "close": 21.77, "volume": 331455, "typical_volume": 241115.5, "trend": 21.2115, "fair_value": 19.415308, "relative_strength": -2.032232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.266699, "energy": 67.243531, "activity_lines": [ 21.942334, 21.795637, 21.503643, 21.36157 ] }, { "date": "2026-01-30", "close": 21.75, "volume": 107295, "typical_volume": 236781.15, "trend": 21.245167, "fair_value": 19.440052, "relative_strength": -2.406164, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.143243, "energy": 48.91302, "activity_lines": [ 21.884, 21.818546, 21.548286, 21.396312 ] }, { "date": "2026-02-06", "close": 22.219999, "volume": 42510, "typical_volume": 229929.95, "trend": 21.285334, "fair_value": 19.471134, "relative_strength": -2.10268, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.692267, "energy": 52.186311, "activity_lines": [ 21.986, 21.91, 21.633905, 21.459204 ] }, { "date": "2026-02-13", "close": 22.365, "volume": 30252, "typical_volume": 228395.05, "trend": 21.325333, "fair_value": 19.501873, "relative_strength": -2.679092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.79632, "energy": 56.242526, "activity_lines": [ 22.11, 22.011818, 21.726072, 21.52886 ] }, { "date": "2026-02-20", "close": 22.549999, "volume": 55098, "typical_volume": 227765.0, "trend": 21.368833, "fair_value": 19.53395, "relative_strength": -3.692838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.152072, "energy": 80.302294, "activity_lines": [ 22.275999, 22.130363, 21.826333, 21.607871 ] }, { "date": "2026-02-27", "close": 22.799999, "volume": 81487, "typical_volume": 229991.05, "trend": 21.431667, "fair_value": 19.567553, "relative_strength": -3.704843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.54448, "energy": 92.251674, "activity_lines": [ 22.498999, 22.273545, 21.943071, 21.700204 ] }, { "date": "2026-03-06", "close": 21.469999, "volume": 46188, "typical_volume": 227054.15, "trend": 21.447167, "fair_value": 19.596876, "relative_strength": -2.982075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.193752, "energy": 41.942153, "activity_lines": [ 22.209999, 22.153363, 21.925047, 21.702677 ] }, { "date": "2026-03-13", "close": 21.225, "volume": 40225, "typical_volume": 228317.4, "trend": 21.449, "fair_value": 19.626291, "relative_strength": -2.21339, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 15.426501, "energy": 11.824253, "activity_lines": [ 21.857999, 21.994727, 21.881833, 21.688344 ] }, { "date": "2026-03-20", "close": 20.375, "volume": 187457, "typical_volume": 228219.8, "trend": 21.420333, "fair_value": 19.650346, "relative_strength": -2.22832, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -41.352983, "energy": 39.787106, "activity_lines": [ 21.289, 21.692454, 21.758095, 21.619054 ] }, { "date": "2026-03-27", "close": 20.674999, "volume": 44761, "typical_volume": 228813.45, "trend": 21.406, "fair_value": 19.671046, "relative_strength": -2.771976, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.289615, "energy": 44.992054, "activity_lines": [ 20.952666, 21.475545, 21.665643, 21.570968 ] }, { "date": "2026-04-03", "close": 21.355, "volume": 29851, "typical_volume": 229292.8, "trend": 21.413667, "fair_value": 19.695903, "relative_strength": -2.767552, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.487453, "energy": 38.047849, "activity_lines": [ 20.968, 21.409181, 21.638643, 21.567677 ] }, { "date": "2026-04-10", "close": 21.825001, "volume": 29235, "typical_volume": 229230.9, "trend": 21.442667, "fair_value": 19.722135, "relative_strength": -2.132821, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.281919, "energy": 25.165808, "activity_lines": [ 21.236333, 21.435818, 21.65519, 21.594215 ] }, { "date": "2026-04-17", "close": 22.355, "volume": 58888, "typical_volume": 227775.25, "trend": 21.498, "fair_value": 19.751047, "relative_strength": -1.569789, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 44.007748, "energy": 19.99483, "activity_lines": [ 21.657667, 21.557454, 21.717428, 21.653075 ] }, { "date": "2026-04-24", "close": 21.785, "volume": 30213, "typical_volume": 228075.1, "trend": 21.545333, "fair_value": 19.775965, "relative_strength": -2.160439, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.383608, "energy": 25.782893, "activity_lines": [ 21.813667, 21.573, 21.720547, 21.671591 ] }, { "date": "2026-05-01", "close": 21.639999, "volume": 103934, "typical_volume": 229782.55, "trend": 21.566333, "fair_value": 19.798807, "relative_strength": -2.496556, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.32309, "energy": 27.355596, "activity_lines": [ 21.827333, 21.572727, 21.70819, 21.677699 ] }, { "date": "2026-05-08", "close": 21.735001, "volume": 40910, "typical_volume": 179323.05, "trend": 21.5875, "fair_value": 19.822132, "relative_strength": -1.729337, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.295343, "energy": 23.570634, "activity_lines": [ 21.808333, 21.606273, 21.703762, 21.688581 ] }, { "date": "2026-05-15", "close": 21.66, "volume": 70167, "typical_volume": 173309.2, "trend": 21.606833, "fair_value": 19.844422, "relative_strength": -2.869637, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 21.604555, "energy": 10.688046, "activity_lines": [ 21.739, 21.645546, 21.691619, 21.693258 ] }, { "date": "2026-05-22", "close": 22.16, "volume": 26476, "typical_volume": 173356.9, "trend": 21.635, "fair_value": 19.871719, "relative_strength": -2.621155, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.051397, "energy": 19.554414, "activity_lines": [ 21.847333, 21.772273, 21.727786, 21.728946 ] }, { "date": "2026-05-29", "close": 22.344999, "volume": 79245, "typical_volume": 86676.35, "trend": 21.681667, "fair_value": 19.899924, "relative_strength": -1.999517, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.804717, "energy": 30.155651, "activity_lines": [ 22.030333, 21.915636, 21.779976, 21.774753 ] }, { "date": "2026-06-05", "close": 22.17, "volume": 249987, "typical_volume": 84281.7, "trend": 21.726667, "fair_value": 19.928846, "relative_strength": -1.567965, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.144963, "energy": 40.89327, "activity_lines": [ 22.117666, 21.991364, 21.81419, 21.806258 ] }, { "date": "2026-06-12", "close": 22.52, "volume": 1732, "typical_volume": 67795.55, "trend": 21.774, "fair_value": 19.957796, "relative_strength": -2.243398, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.57553, "energy": 60.470009, "activity_lines": [ 22.286333, 22.103545, 21.881667, 21.857441 ] }, { "date": "2026-06-19", "close": 22.799999, "volume": 11349, "typical_volume": 62998.25, "trend": 21.84, "fair_value": 19.992571, "relative_strength": -1.397688, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.576436, "energy": 70.738745, "activity_lines": [ 22.496, 22.245454, 21.972238, 21.923634 ] }, { "date": "2026-06-26", "close": 23.245001, "volume": 20260, "typical_volume": 61885.75, "trend": 21.9035, "fair_value": 20.028435, "relative_strength": -2.18975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.102427, "energy": 81.446962, "activity_lines": [ 22.778, 22.450545, 22.10019, 22.014279 ] }, { "date": "2026-07-03", "close": 23.75, "volume": 2802, "typical_volume": 60513.25, "trend": 21.980667, "fair_value": 20.07071, "relative_strength": -1.710793, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.404502, "energy": 92.070726, "activity_lines": [ 23.156, 22.731273, 22.271357, 22.133408 ] }, { "date": "2026-07-10", "close": 23.424999, "volume": 77097, "typical_volume": 61613.2, "trend": 22.048, "fair_value": 20.108257, "relative_strength": -1.637966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.404918, "energy": 88.917699, "activity_lines": [ 23.332, 22.917182, 22.404976, 22.226591 ] }, { "date": "2026-07-17", "close": 23.445, "volume": 192887, "typical_volume": 67183.2, "trend": 22.109, "fair_value": 20.145806, "relative_strength": -2.151227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.89899, "energy": 88.124434, "activity_lines": [ 23.431, 23.074273, 22.536333, 22.31672 ] }, { "date": "2026-07-24", "close": 23.264999, "volume": 50959, "typical_volume": 67421.75, "trend": 22.157667, "fair_value": 20.180136, "relative_strength": -2.618966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.360601, "energy": 85.551714, "activity_lines": [ 23.408333, 23.167545, 22.647476, 22.391301 ] }, { "date": "2026-07-31", "close": 23.549999, "volume": 42720, "typical_volume": 67546.5, "trend": 22.215166, "fair_value": 20.21866, "relative_strength": -1.413467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.487721, "energy": 71.07893, "activity_lines": [ 23.449666, 23.283454, 22.777214, 22.481129 ] }, { "date": "2026-08-07", "close": 24.049999, "volume": 15897, "typical_volume": 58968.5, "trend": 22.281166, "fair_value": 20.260894, "relative_strength": -0.562362, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.137024, "energy": 78.211525, "activity_lines": [ 23.637332, 23.464999, 22.9435, 22.599505 ] } ], "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." } } }