{ "ticker": { "uuid": "b6b38749-6841-486a-a896-3d03b6f9d40c", "symbol": "SW2CHB", "name": "UBS MSCI Switzerland 20/35 UCITS 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": "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": 80.644, "architecture_energy": 69.432, "architecture_maturity": 38.048, "architecture_confidence": 81.993, "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": 4.72, "rotation_up": 67.64, "upward_expansion": 87.67, "deceleration": 58.93, "rotation_down": 22.01, "downward_expansion": 12.0 }, "activity_lines": [ 34.087334, 33.836455, 33.022024, 32.436247 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 34.52, "trend_reference": 31.851833, "distance_from_trend": 0.083768, "trend_direction": "Improving", "fair_value": 28.113221, "distance_from_fair_value": 0.227892, "fair_value_direction": "Improving", "relative_strength": 1.267082, "relative_strength_direction": "Weakening", "price_momentum": 0.098488, "excess_performance": 0.015605, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.083768, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036411, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.227892, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.097869, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.012671, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.002804, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.098488, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.908702, "read": "Demand-led" } ], "volume": { "latest": 250707, "relative_activity": 1.172193, "balance": 1.908702, "dry_up": 0.971713, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.020534, "annualized_volatility": 0.150327, "from_high_reference": -0.005903, "from_low_reference": 0.246434 }, "levels": { "trend_reference": 31.851833, "fair_value_reference": 28.113221, "structural_low": 28.25, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": 0.005118, "positive_rate": 0.62963, "directional_follow_through": 0.62963, "median_excess_return": 0.00136, "regime_survival": 0.666667, "best_return": 0.046877, "worst_return": -0.097384, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.000739, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.00361, "regime_survival": 0.2, "best_return": 0.0781, "worst_return": -0.053314, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.05796, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.010668, "regime_survival": 0.285714, "best_return": 0.094096, "worst_return": -0.132397, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.049568, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.008269, "regime_survival": 0.25, "best_return": 0.144231, "worst_return": -0.08211, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": 0.005814, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-06", "end": "2025-01-17", "tenure": "Developing", "return": 0.019005, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.025179, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": 0.016917, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.003914, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.007156, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-07-11", "tenure": "Developing", "return": 0.013051, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-09-05", "tenure": "Developing", "return": 0.028678, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.024168, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-10-10", "tenure": "New", "return": 0.000172, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2026-03-13", "tenure": "Established", "return": 0.023505, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.05543, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-22", "tenure": "Developing", "return": 0.032133, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-29", "end": "2026-08-07", "tenure": "Developing", "return": 0.075222, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.620001, "volume": 73596, "typical_volume": 205920.55, "trend": 25.378833, "fair_value": 25.281474, "relative_strength": 0.879635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.255025, "energy": 24.507975, "activity_lines": [ 25.121667, 25.236273, 25.495167, 25.469022 ] }, { "date": "2023-08-25", "close": 24.934999, "volume": 137162, "typical_volume": 202470.8, "trend": 25.367167, "fair_value": 25.297308, "relative_strength": 1.06625, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.389669, "energy": 43.238313, "activity_lines": [ 25.010333, 25.161909, 25.425548, 25.440387 ] }, { "date": "2023-09-01", "close": 25.155001, "volume": 1147072, "typical_volume": 242300.5, "trend": 25.361833, "fair_value": 25.315192, "relative_strength": 0.837456, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.787765, "energy": 41.116164, "activity_lines": [ 25.006334, 25.144364, 25.379143, 25.426699 ] }, { "date": "2023-09-08", "close": 24.889999, "volume": 153687, "typical_volume": 246069.25, "trend": 25.362167, "fair_value": 25.327404, "relative_strength": 0.906375, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.574507, "energy": 45.137683, "activity_lines": [ 24.956333, 25.084909, 25.310167, 25.396258 ] }, { "date": "2023-09-15", "close": 25.375, "volume": 143067, "typical_volume": 243273.45, "trend": 25.370667, "fair_value": 25.34109, "relative_strength": 0.558422, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.376645, "energy": 17.834589, "activity_lines": [ 25.092667, 25.127455, 25.292905, 25.397086 ] }, { "date": "2023-09-22", "close": 25.014999, "volume": 193619, "typical_volume": 244479.0, "trend": 25.373167, "fair_value": 25.356474, "relative_strength": 0.763272, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -16.278081, "energy": 12.944741, "activity_lines": [ 25.099333, 25.093909, 25.244571, 25.37414 ] }, { "date": "2023-09-29", "close": 24.790001, "volume": 105000, "typical_volume": 237322.2, "trend": 25.365, "fair_value": 25.370128, "relative_strength": 0.30455, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.307046, "energy": 30.939716, "activity_lines": [ 25.004667, 25.024545, 25.180953, 25.336516 ] }, { "date": "2023-10-06", "close": 24.305, "volume": 233316, "typical_volume": 241687.25, "trend": 25.369, "fair_value": 25.379808, "relative_strength": -0.521786, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -72.771244, "energy": 49.933409, "activity_lines": [ 24.758, 24.878909, 25.0785, 25.268129 ] }, { "date": "2023-10-13", "close": 24.615, "volume": 260658, "typical_volume": 241334.15, "trend": 25.387667, "fair_value": 25.392724, "relative_strength": 0.147097, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.466452, "energy": 59.091413, "activity_lines": [ 24.671333, 24.816636, 25.015572, 25.219484 ] }, { "date": "2023-10-20", "close": 23.475, "volume": 108163, "typical_volume": 239208.8, "trend": 25.367833, "fair_value": 25.400994, "relative_strength": 0.580624, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.955216, "energy": 80.748782, "activity_lines": [ 24.223, 24.558818, 24.850833, 25.096086 ] }, { "date": "2023-10-27", "close": 23.365, "volume": 92873, "typical_volume": 238152.75, "trend": 25.308, "fair_value": 25.415096, "relative_strength": 0.320863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.265094, "energy": 88.124793, "activity_lines": [ 23.864667, 24.312909, 24.687643, 24.966871 ] }, { "date": "2023-11-03", "close": 24.025, "volume": 311657, "typical_volume": 246679.25, "trend": 25.261833, "fair_value": 25.423269, "relative_strength": 0.623399, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.675101, "energy": 78.755566, "activity_lines": [ 23.836333, 24.209818, 24.597833, 24.884097 ] }, { "date": "2023-11-10", "close": 23.905001, "volume": 112139, "typical_volume": 231474.2, "trend": 25.2015, "fair_value": 25.429103, "relative_strength": 0.325759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.23687, "energy": 76.161163, "activity_lines": [ 23.819, 24.101455, 24.505333, 24.796559 ] }, { "date": "2023-11-17", "close": 24.370001, "volume": 125376, "typical_volume": 230030.75, "trend": 25.1455, "fair_value": 25.437949, "relative_strength": 0.508654, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.589137, "energy": 48.458176, "activity_lines": [ 23.983334, 24.100364, 24.464714, 24.742914 ] }, { "date": "2023-11-24", "close": 24.629999, "volume": 218431, "typical_volume": 225606.3, "trend": 25.098167, "fair_value": 25.448782, "relative_strength": 0.224058, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.097257, "energy": 26.440691, "activity_lines": [ 24.250667, 24.156, 24.454952, 24.709656 ] }, { "date": "2023-12-01", "close": 24.610001, "volume": 193714, "typical_volume": 229515.6, "trend": 25.041667, "fair_value": 25.460962, "relative_strength": 0.045274, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.556212, "energy": 22.173203, "activity_lines": [ 24.434334, 24.221546, 24.444048, 24.678161 ] }, { "date": "2023-12-08", "close": 25.0, "volume": 206673, "typical_volume": 235128.45, "trend": 24.997167, "fair_value": 25.474712, "relative_strength": -0.090625, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.528811, "energy": 20.004467, "activity_lines": [ 24.665, 24.365364, 24.473548, 24.675473 ] }, { "date": "2023-12-15", "close": 25.285, "volume": 164361, "typical_volume": 214398.3, "trend": 24.959834, "fair_value": 25.488654, "relative_strength": -0.066404, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.260033, "energy": 26.696058, "activity_lines": [ 24.925667, 24.557182, 24.53231, 24.694043 ] }, { "date": "2023-12-22", "close": 25.125, "volume": 126586, "typical_volume": 213309.65, "trend": 24.9295, "fair_value": 25.503109, "relative_strength": -0.372935, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.864025, "energy": 32.408287, "activity_lines": [ 25.041, 24.702091, 24.578238, 24.704699 ] }, { "date": "2023-12-29", "close": 25.084999, "volume": 299179, "typical_volume": 220316.45, "trend": 24.899, "fair_value": 25.513109, "relative_strength": -0.415846, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.175062, "energy": 37.514524, "activity_lines": [ 25.092666, 24.830455, 24.621, 24.714731 ] }, { "date": "2024-01-05", "close": 25.174999, "volume": 411202, "typical_volume": 237196.75, "trend": 24.885667, "fair_value": 25.523269, "relative_strength": -0.517392, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.746375, "energy": 47.119667, "activity_lines": [ 25.143999, 24.945909, 24.673024, 24.732538 ] }, { "date": "2024-01-12", "close": 25.195, "volume": 163267, "typical_volume": 238502.0, "trend": 24.8635, "fair_value": 25.532692, "relative_strength": -0.807576, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.357183, "energy": 39.150603, "activity_lines": [ 25.164333, 25.032091, 24.724309, 24.752495 ] }, { "date": "2024-01-19", "close": 25.059999, "volume": 64077, "typical_volume": 184352.25, "trend": 24.848833, "fair_value": 25.540929, "relative_strength": -0.68148, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.129613, "energy": 29.364863, "activity_lines": [ 25.126666, 25.072454, 24.7615, 24.765172 ] }, { "date": "2024-01-26", "close": 25.594999, "volume": 223063, "typical_volume": 187821.05, "trend": 24.847, "fair_value": 25.556538, "relative_strength": -0.708494, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.146039, "energy": 46.548501, "activity_lines": [ 25.282333, 25.18909, 24.850095, 24.813312 ] }, { "date": "2024-02-02", "close": 25.334999, "volume": 193974, "typical_volume": 190366.4, "trend": 24.865167, "fair_value": 25.568141, "relative_strength": -0.42147, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.433095, "energy": 42.998434, "activity_lines": [ 25.319999, 25.236181, 24.910571, 24.844795 ] }, { "date": "2024-02-09", "close": 24.98, "volume": 134292, "typical_volume": 187400.05, "trend": 24.854667, "fair_value": 25.575673, "relative_strength": -0.520041, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.047714, "energy": 26.752362, "activity_lines": [ 25.222666, 25.205908, 24.937428, 24.852204 ] }, { "date": "2024-02-16", "close": 25.48, "volume": 135854, "typical_volume": 188942.75, "trend": 24.855833, "fair_value": 25.588333, "relative_strength": -0.511681, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.793502, "energy": 45.10181, "activity_lines": [ 25.305, 25.259818, 25.012071, 24.892548 ] }, { "date": "2024-02-23", "close": 25.790001, "volume": 664090, "typical_volume": 210481.45, "trend": 24.855833, "fair_value": 25.60625, "relative_strength": -0.942511, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.239708, "energy": 52.886468, "activity_lines": [ 25.471667, 25.361363, 25.112952, 24.952817 ] }, { "date": "2024-03-01", "close": 25.76, "volume": 197099, "typical_volume": 207303.5, "trend": 24.8725, "fair_value": 25.621699, "relative_strength": -1.036606, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.219944, "energy": 58.770829, "activity_lines": [ 25.579667, 25.448273, 25.203905, 25.01115 ] }, { "date": "2024-03-08", "close": 26.195, "volume": 144950, "typical_volume": 209142.85, "trend": 24.904667, "fair_value": 25.636827, "relative_strength": -0.691392, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.606028, "energy": 82.103436, "activity_lines": [ 25.821667, 25.602727, 25.330833, 25.096473 ] }, { "date": "2024-03-15", "close": 26.41, "volume": 146302, "typical_volume": 211814.3, "trend": 24.964333, "fair_value": 25.651218, "relative_strength": -0.121023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.372498, "energy": 89.506034, "activity_lines": [ 26.078, 25.776091, 25.465286, 25.193591 ] }, { "date": "2024-03-22", "close": 26.33, "volume": 417056, "typical_volume": 217084.25, "trend": 25.010833, "fair_value": 25.662788, "relative_strength": -0.214069, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.38184, "energy": 86.163385, "activity_lines": [ 26.212333, 25.912455, 25.577619, 25.281699 ] }, { "date": "2024-03-29", "close": 26.530001, "volume": 293518, "typical_volume": 226153.2, "trend": 25.056667, "fair_value": 25.674904, "relative_strength": -0.125238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.378918, "energy": 87.921989, "activity_lines": [ 26.356667, 26.064546, 25.698024, 25.37971 ] }, { "date": "2024-04-05", "close": 25.985001, "volume": 117353, "typical_volume": 225752.05, "trend": 25.093167, "fair_value": 25.68141, "relative_strength": -0.17835, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.20495, "energy": 64.335581, "activity_lines": [ 26.270001, 26.090819, 25.754024, 25.439602 ] }, { "date": "2024-04-12", "close": 25.834999, "volume": 209123, "typical_volume": 225286.65, "trend": 25.1085, "fair_value": 25.686699, "relative_strength": 0.256175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.892087, "energy": 46.527148, "activity_lines": [ 26.118333, 26.082727, 25.788048, 25.487462 ] }, { "date": "2024-04-19", "close": 25.645, "volume": 324949, "typical_volume": 231848.4, "trend": 25.1295, "fair_value": 25.690353, "relative_strength": 0.254051, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.525433, "energy": 28.141272, "activity_lines": [ 25.927333, 26.031, 25.798238, 25.522075 ] }, { "date": "2024-04-26", "close": 25.885, "volume": 105334, "typical_volume": 226781.45, "trend": 25.166, "fair_value": 25.697596, "relative_strength": 0.761333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.763105, "energy": 23.589816, "activity_lines": [ 25.867333, 26.010818, 25.826357, 25.570817 ] }, { "date": "2024-05-03", "close": 25.795, "volume": 145972, "typical_volume": 225862.0, "trend": 25.215667, "fair_value": 25.702692, "relative_strength": 1.03678, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.483369, "energy": 22.206016, "activity_lines": [ 25.807, 25.966909, 25.84169, 25.611398 ] }, { "date": "2024-05-10", "close": 26.75, "volume": 83887, "typical_volume": 223727.05, "trend": 25.286833, "fair_value": 25.714904, "relative_strength": 0.492937, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.611864, "energy": 36.876979, "activity_lines": [ 26.114, 26.096546, 25.945548, 25.710387 ] }, { "date": "2024-05-17", "close": 27.469999, "volume": 168090, "typical_volume": 217172.6, "trend": 25.42, "fair_value": 25.729423, "relative_strength": 0.760684, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 84.724383, "energy": 74.094056, "activity_lines": [ 26.61, 26.339091, 26.110238, 25.851236 ] }, { "date": "2024-05-24", "close": 27.23, "volume": 152584, "typical_volume": 204241.7, "trend": 25.548833, "fair_value": 25.739263, "relative_strength": 0.765647, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.027258, "energy": 82.812868, "activity_lines": [ 26.917, 26.514818, 26.240714, 25.968011 ] }, { "date": "2024-05-31", "close": 27.379999, "volume": 1126854, "typical_volume": 252421.05, "trend": 25.660667, "fair_value": 25.748301, "relative_strength": 0.728745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.324043, "energy": 86.077381, "activity_lines": [ 27.168333, 26.702909, 26.37569, 26.08615 ] }, { "date": "2024-06-07", "close": 27.905001, "volume": 753071, "typical_volume": 286870.75, "trend": 25.794, "fair_value": 25.756859, "relative_strength": 0.52927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.218609, "energy": 92.39569, "activity_lines": [ 27.495, 26.967364, 26.550262, 26.230946 ] }, { "date": "2024-06-14", "close": 27.379999, "volume": 512234, "typical_volume": 301329.3, "trend": 25.894333, "fair_value": 25.760705, "relative_strength": 0.357331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.592425, "energy": 80.721869, "activity_lines": [ 27.506, 27.111363, 26.661286, 26.333269 ] }, { "date": "2024-06-21", "close": 27.365, "volume": 230890, "typical_volume": 303175.1, "trend": 25.9855, "fair_value": 25.763782, "relative_strength": 0.562511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.454415, "energy": 63.150307, "activity_lines": [ 27.47, 27.227272, 26.762381, 26.42815 ] }, { "date": "2024-06-28", "close": 27.254999, "volume": 194200, "typical_volume": 306170.5, "trend": 26.073666, "fair_value": 25.766122, "relative_strength": 0.318515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.355117, "energy": 53.213821, "activity_lines": [ 27.404333, 27.295363, 26.843333, 26.510054 ] }, { "date": "2024-07-05", "close": 27.405001, "volume": 276089, "typical_volume": 313182.25, "trend": 26.153833, "fair_value": 25.769263, "relative_strength": 0.764629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.231248, "energy": 45.70607, "activity_lines": [ 27.387, 27.361454, 26.927738, 26.595946 ] }, { "date": "2024-07-12", "close": 28.115, "volume": 275792, "typical_volume": 293767.35, "trend": 26.248167, "fair_value": 25.776955, "relative_strength": 0.376131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.820186, "energy": 55.190132, "activity_lines": [ 27.604667, 27.529, 27.070595, 26.722473 ] }, { "date": "2024-07-19", "close": 27.674999, "volume": 127604, "typical_volume": 290292.6, "trend": 26.333166, "fair_value": 25.779936, "relative_strength": 0.358917, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.292458, "energy": 49.278239, "activity_lines": [ 27.661666, 27.574363, 27.160476, 26.814527 ] }, { "date": "2024-07-26", "close": 27.815001, "volume": 93038, "typical_volume": 287697.0, "trend": 26.424167, "fair_value": 25.784006, "relative_strength": 0.311463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.283983, "energy": 51.509842, "activity_lines": [ 27.745667, 27.628364, 27.254571, 26.910129 ] }, { "date": "2024-08-02", "close": 27.025, "volume": 268247, "typical_volume": 293794.25, "trend": 26.485833, "fair_value": 25.782532, "relative_strength": 0.466195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.590621, "energy": 39.270456, "activity_lines": [ 27.536333, 27.532455, 27.265714, 26.948892 ] }, { "date": "2024-08-09", "close": 27.014999, "volume": 265238, "typical_volume": 286203.35, "trend": 26.5465, "fair_value": 25.777308, "relative_strength": 0.510228, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.735971, "energy": 21.487055, "activity_lines": [ 27.339, 27.438454, 27.272976, 26.983032 ] }, { "date": "2024-08-16", "close": 27.73, "volume": 142006, "typical_volume": 278627.75, "trend": 26.6355, "fair_value": 25.776891, "relative_strength": 0.434994, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.052077, "energy": 23.486194, "activity_lines": [ 27.406, 27.481091, 27.345071, 27.059387 ] }, { "date": "2024-08-23", "close": 28.025, "volume": 240258, "typical_volume": 284773.0, "trend": 26.7165, "fair_value": 25.777981, "relative_strength": 0.203736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.639388, "energy": 31.36369, "activity_lines": [ 27.597, 27.580545, 27.439547, 27.149032 ] }, { "date": "2024-08-30", "close": 28.27, "volume": 559175, "typical_volume": 302275.6, "trend": 26.814333, "fair_value": 25.781731, "relative_strength": 0.353765, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 70.738037, "energy": 44.937577, "activity_lines": [ 27.846333, 27.712818, 27.547643, 27.249258 ] }, { "date": "2024-09-06", "close": 27.1, "volume": 170493, "typical_volume": 294552.8, "trend": 26.885, "fair_value": 25.781538, "relative_strength": 0.466689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.141621, "energy": 31.738991, "activity_lines": [ 27.675333, 27.615909, 27.532714, 27.267688 ] }, { "date": "2024-09-13", "close": 27.370001, "volume": 123375, "typical_volume": 295454.85, "trend": 26.948, "fair_value": 25.784359, "relative_strength": 0.373368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.656077, "energy": 27.918516, "activity_lines": [ 27.589334, 27.570909, 27.536571, 27.298978 ] }, { "date": "2024-09-20", "close": 27.174999, "volume": 223247, "typical_volume": 299318.6, "trend": 26.994167, "fair_value": 25.787756, "relative_strength": 0.514958, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.229988, "energy": 8.340996, "activity_lines": [ 27.414667, 27.491091, 27.514786, 27.313624 ] }, { "date": "2024-09-27", "close": 27.934999, "volume": 413081, "typical_volume": 315778.3, "trend": 27.066667, "fair_value": 25.799936, "relative_strength": 0.773462, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.841366, "energy": 20.245351, "activity_lines": [ 27.530333, 27.566545, 27.558809, 27.374322 ] }, { "date": "2024-10-04", "close": 27.385, "volume": 687806, "typical_volume": 341764.1, "trend": 27.106333, "fair_value": 25.806538, "relative_strength": 0.706443, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.425408, "energy": 9.186157, "activity_lines": [ 27.468666, 27.537273, 27.544809, 27.39486 ] }, { "date": "2024-10-11", "close": 27.77, "volume": 183954, "typical_volume": 343332.6, "trend": 27.151667, "fair_value": 25.8125, "relative_strength": 0.779504, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.96761, "energy": 19.446501, "activity_lines": [ 27.594333, 27.585818, 27.567881, 27.437677 ] }, { "date": "2024-10-18", "close": 28.1, "volume": 118715, "typical_volume": 292925.65, "trend": 27.210667, "fair_value": 25.819038, "relative_strength": 0.539937, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.651492, "energy": 37.33955, "activity_lines": [ 27.785333, 27.680818, 27.619809, 27.49886 ] }, { "date": "2024-10-25", "close": 27.775, "volume": 626418, "typical_volume": 286593.0, "trend": 27.252167, "fair_value": 25.822532, "relative_strength": 0.527533, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.243759, "energy": 32.831152, "activity_lines": [ 27.819333, 27.697, 27.637357, 27.535269 ] }, { "date": "2024-11-01", "close": 27.325001, "volume": 336703, "typical_volume": 277816.45, "trend": 27.296833, "fair_value": 25.81984, "relative_strength": 0.679857, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.301404, "energy": 19.179749, "activity_lines": [ 27.663334, 27.630546, 27.612667, 27.539968 ] }, { "date": "2024-11-08", "close": 26.9, "volume": 273423, "typical_volume": 279943.1, "trend": 27.332333, "fair_value": 25.811955, "relative_strength": 0.524647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.690215, "energy": 5.807507, "activity_lines": [ 27.406334, 27.499546, 27.547762, 27.514366 ] }, { "date": "2024-11-15", "close": 26.459999, "volume": 231340, "typical_volume": 281800.1, "trend": 27.3595, "fair_value": 25.801218, "relative_strength": 0.326716, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.004496, "energy": 44.919162, "activity_lines": [ 27.035, 27.313454, 27.443167, 27.458086 ] }, { "date": "2024-11-22", "close": 26.66, "volume": 213744, "typical_volume": 278682.85, "trend": 27.385333, "fair_value": 25.797147, "relative_strength": 0.303413, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.391585, "energy": 54.22146, "activity_lines": [ 26.817667, 27.175364, 27.361405, 27.412957 ] }, { "date": "2024-11-29", "close": 26.815001, "volume": 724985, "typical_volume": 301142.5, "trend": 27.419333, "fair_value": 25.794423, "relative_strength": 0.461371, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.568022, "energy": 65.978234, "activity_lines": [ 26.748, 27.078364, 27.297952, 27.376161 ] }, { "date": "2024-12-06", "close": 26.834999, "volume": 429199, "typical_volume": 316222.25, "trend": 27.422167, "fair_value": 25.785609, "relative_strength": 0.378982, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.87568, "energy": 65.873697, "activity_lines": [ 26.749, 26.991545, 27.242595, 27.338462 ] }, { "date": "2024-12-13", "close": 26.690001, "volume": 296205, "typical_volume": 326380.6, "trend": 27.396167, "fair_value": 25.774936, "relative_strength": 0.55303, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.620333, "energy": 53.011027, "activity_lines": [ 26.734334, 26.898364, 27.177429, 27.291226 ] }, { "date": "2024-12-20", "close": 26.02, "volume": 819977, "typical_volume": 353967.1, "trend": 27.355833, "fair_value": 25.758237, "relative_strength": 0.665921, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.445803, "energy": 56.729016, "activity_lines": [ 26.510334, 26.696, 27.05381, 27.202441 ] }, { "date": "2024-12-27", "close": 26.42, "volume": 94345, "typical_volume": 345422.45, "trend": 27.323833, "fair_value": 25.742724, "relative_strength": 0.387202, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.736654, "energy": 52.421965, "activity_lines": [ 26.449, 26.598182, 26.973071, 27.142065 ] }, { "date": "2025-01-03", "close": 26.485001, "volume": 282756, "typical_volume": 352459.95, "trend": 27.2765, "fair_value": 25.729968, "relative_strength": 0.310272, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.571845, "energy": 50.437444, "activity_lines": [ 26.425334, 26.542728, 26.901357, 27.087946 ] }, { "date": "2025-01-10", "close": 26.895, "volume": 144846, "typical_volume": 347689.35, "trend": 27.260333, "fair_value": 25.723654, "relative_strength": 0.38176, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.350001, "energy": 38.544094, "activity_lines": [ 26.560334, 26.585273, 26.874619, 27.063333 ] }, { "date": "2025-01-17", "close": 27.344999, "volume": 339608, "typical_volume": 336711.0, "trend": 27.259667, "fair_value": 25.722724, "relative_strength": 0.344709, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.592599, "energy": 14.299437, "activity_lines": [ 26.841333, 26.717455, 26.896119, 27.068796 ] }, { "date": "2025-01-24", "close": 28.0, "volume": 455507, "typical_volume": 350961.7, "trend": 27.2845, "fair_value": 25.730994, "relative_strength": 0.237784, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.397142, "energy": 24.399, "activity_lines": [ 27.297, 26.960636, 26.984405, 27.116559 ] }, { "date": "2025-01-31", "close": 28.705, "volume": 1162082, "typical_volume": 402897.05, "trend": 27.327833, "fair_value": 25.742628, "relative_strength": 0.213453, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.738713, "energy": 46.689217, "activity_lines": [ 27.855667, 27.304, 27.135548, 27.208204 ] }, { "date": "2025-02-07", "close": 28.67, "volume": 870036, "typical_volume": 435236.5, "trend": 27.346333, "fair_value": 25.75234, "relative_strength": 0.100376, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.932626, "energy": 69.364695, "activity_lines": [ 28.250333, 27.603818, 27.277, 27.294796 ] }, { "date": "2025-02-14", "close": 29.155001, "volume": 412397, "typical_volume": 435202.3, "trend": 27.395667, "fair_value": 25.768494, "relative_strength": -0.175854, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.720285, "energy": 89.998723, "activity_lines": [ 28.661, 27.958091, 27.457524, 27.411484 ] }, { "date": "2025-02-21", "close": 29.385, "volume": 363281, "typical_volume": 418976.05, "trend": 27.448, "fair_value": 25.786218, "relative_strength": -0.255218, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.091414, "energy": 93.178732, "activity_lines": [ 28.997667, 28.312, 27.654143, 27.539828 ] }, { "date": "2025-02-28", "close": 29.475, "volume": 310857, "typical_volume": 425321.2, "trend": 27.529667, "fair_value": 25.814551, "relative_strength": -0.400975, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.350821, "energy": 91.114064, "activity_lines": [ 29.228334, 28.633273, 27.84981, 27.670602 ] }, { "date": "2025-03-07", "close": 29.65, "volume": 381272, "typical_volume": 438449.05, "trend": 27.6175, "fair_value": 25.84, "relative_strength": -0.37825, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.361599, "energy": 89.873234, "activity_lines": [ 29.419, 28.923546, 28.054024, 27.807398 ] }, { "date": "2025-03-14", "close": 29.360001, "volume": 376156, "typical_volume": 425935.95, "trend": 27.671833, "fair_value": 25.854359, "relative_strength": -0.141064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.023261, "energy": 76.500101, "activity_lines": [ 29.45, 29.102364, 28.223238, 27.919817 ] }, { "date": "2025-03-21", "close": 29.625, "volume": 240867, "typical_volume": 421144.15, "trend": 27.725167, "fair_value": 25.870737, "relative_strength": -0.466917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.625144, "energy": 66.303061, "activity_lines": [ 29.523334, 29.277091, 28.410143, 28.045828 ] }, { "date": "2025-03-28", "close": 29.27, "volume": 301081, "typical_volume": 422527.05, "trend": 27.7585, "fair_value": 25.883494, "relative_strength": 0.1248, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.79307, "energy": 58.234523, "activity_lines": [ 29.447, 29.337637, 28.552286, 28.145495 ] }, { "date": "2025-04-04", "close": 26.549999, "volume": 281239, "typical_volume": 425022.0, "trend": 27.740167, "fair_value": 25.874551, "relative_strength": 0.094846, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 9.263325, "energy": 14.721922, "activity_lines": [ 28.471666, 28.868636, 28.424095, 28.067527 ] }, { "date": "2025-04-11", "close": 25.705, "volume": 749124, "typical_volume": 451791.0, "trend": 27.684667, "fair_value": 25.860288, "relative_strength": 0.421399, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -29.461322, "energy": 34.945994, "activity_lines": [ 27.409666, 28.272364, 28.215, 27.936226 ] }, { "date": "2025-04-18", "close": 26.74, "volume": 273573, "typical_volume": 429220.4, "trend": 27.670167, "fair_value": 25.855, "relative_strength": 0.672632, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.205033, "energy": 40.25474, "activity_lines": [ 26.955666, 27.918818, 28.109024, 27.87528 ] }, { "date": "2025-04-25", "close": 27.584999, "volume": 260154, "typical_volume": 420768.15, "trend": 27.6585, "fair_value": 25.85641, "relative_strength": 1.385356, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.028857, "energy": 38.818024, "activity_lines": [ 26.958, 27.754, 28.083881, 27.869785 ] }, { "date": "2025-05-02", "close": 28.355, "volume": 385656, "typical_volume": 425240.7, "trend": 27.690833, "fair_value": 25.869295, "relative_strength": 1.542054, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.462846, "energy": 26.896077, "activity_lines": [ 27.353, 27.757727, 28.1285, 27.91472 ] }, { "date": "2025-05-09", "close": 28.035, "volume": 415710, "typical_volume": 405027.35, "trend": 27.699667, "fair_value": 25.881378, "relative_strength": 1.741441, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.870771, "energy": 9.157118, "activity_lines": [ 27.702333, 27.722, 28.134714, 27.936925 ] }, { "date": "2025-05-16", "close": 28.584999, "volume": 397489, "typical_volume": 420184.55, "trend": 27.715833, "fair_value": 25.901122, "relative_strength": 1.623333, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.255539, "energy": 25.300705, "activity_lines": [ 28.136, 27.812454, 28.183714, 27.994043 ] }, { "date": "2025-05-23", "close": 28.365, "volume": 220145, "typical_volume": 417054.0, "trend": 27.7355, "fair_value": 25.915288, "relative_strength": 1.931719, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 36.037935, "energy": 27.370385, "activity_lines": [ 28.304333, 27.882272, 28.201452, 28.035925 ] }, { "date": "2025-05-30", "close": 28.514999, "volume": 184352, "typical_volume": 419029.3, "trend": 27.775167, "fair_value": 25.931827, "relative_strength": 2.189224, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.344912, "energy": 27.775695, "activity_lines": [ 28.414333, 27.997454, 28.224524, 28.086215 ] }, { "date": "2025-06-06", "close": 28.809999, "volume": 282520, "typical_volume": 416174.9, "trend": 27.838833, "fair_value": 25.957821, "relative_strength": 2.039853, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.09997, "energy": 30.701202, "activity_lines": [ 28.560666, 28.186454, 28.267976, 28.152978 ] }, { "date": "2025-06-13", "close": 28.27, "volume": 202074, "typical_volume": 403503.25, "trend": 27.899167, "fair_value": 25.988494, "relative_strength": 1.895516, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.885326, "energy": 26.930662, "activity_lines": [ 28.496666, 28.285636, 28.253023, 28.180795 ] }, { "date": "2025-06-20", "close": 27.775, "volume": 123140, "typical_volume": 351556.15, "trend": 27.936333, "fair_value": 26.010481, "relative_strength": 2.374726, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.133539, "energy": 12.699324, "activity_lines": [ 28.252, 28.263545, 28.189643, 28.172785 ] }, { "date": "2025-06-27", "close": 28.01, "volume": 192327, "typical_volume": 317670.7, "trend": 27.976167, "fair_value": 26.034327, "relative_strength": 2.244668, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.84969, "energy": 6.82056, "activity_lines": [ 28.139666, 28.246545, 28.153071, 28.177537 ] }, { "date": "2025-07-04", "close": 27.950001, "volume": 198810, "typical_volume": 306991.35, "trend": 28.013333, "fair_value": 26.055128, "relative_strength": 2.048983, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.162453, "energy": 11.045632, "activity_lines": [ 28.031, 28.195545, 28.113928, 28.175849 ] }, { "date": "2025-07-11", "close": 27.945, "volume": 244766, "typical_volume": 301065.6, "trend": 28.055167, "fair_value": 26.075962, "relative_strength": 2.271987, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -10.807744, "energy": 15.837034, "activity_lines": [ 27.958334, 28.137, 28.080047, 28.171441 ] }, { "date": "2025-07-18", "close": 28.07, "volume": 1008682, "typical_volume": 335956.85, "trend": 28.1235, "fair_value": 26.09484, "relative_strength": 2.280081, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.343411, "energy": 20.788959, "activity_lines": [ 27.985, 28.108636, 28.064928, 28.172398 ] }, { "date": "2025-07-25", "close": 27.985001, "volume": 323963, "typical_volume": 333091.4, "trend": 28.175667, "fair_value": 26.112436, "relative_strength": 2.143407, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.990843, "energy": 28.741655, "activity_lines": [ 27.996667, 28.064182, 28.048405, 28.163462 ] }, { "date": "2025-08-01", "close": 27.690001, "volume": 183221, "typical_volume": 323444.65, "trend": 28.215833, "fair_value": 26.127949, "relative_strength": 2.034431, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.119792, "energy": 39.020714, "activity_lines": [ 27.896001, 27.977, 28.011714, 28.132129 ] }, { "date": "2025-08-08", "close": 27.775, "volume": 444977, "typical_volume": 333650.15, "trend": 28.245167, "fair_value": 26.144455, "relative_strength": 2.026921, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.986859, "energy": 33.102616, "activity_lines": [ 27.845, 27.917546, 27.991072, 28.103688 ] }, { "date": "2025-08-15", "close": 28.16, "volume": 351744, "typical_volume": 336183.3, "trend": 28.272333, "fair_value": 26.163846, "relative_strength": 1.614967, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.121414, "energy": 21.871085, "activity_lines": [ 27.934, 27.941546, 28.015905, 28.098194 ] }, { "date": "2025-08-22", "close": 28.635, "volume": 238902, "typical_volume": 334066.45, "trend": 28.2935, "fair_value": 26.188205, "relative_strength": 1.668516, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -9.529823, "energy": 7.200633, "activity_lines": [ 28.167, 28.063728, 28.091262, 28.121591 ] }, { "date": "2025-08-29", "close": 28.514999, "volume": 395853, "typical_volume": 316402.9, "trend": 28.287167, "fair_value": 26.215, "relative_strength": 1.827587, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.918652, "energy": 21.246494, "activity_lines": [ 28.322333, 28.157455, 28.145262, 28.135882 ] }, { "date": "2025-09-05", "close": 28.875, "volume": 255456, "typical_volume": 315497.05, "trend": 28.294, "fair_value": 26.243045, "relative_strength": 1.538208, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 38.367957, "energy": 45.00449, "activity_lines": [ 28.562333, 28.303182, 28.220167, 28.173806 ] }, { "date": "2025-09-12", "close": 28.549999, "volume": 154119, "typical_volume": 310195.3, "trend": 28.273833, "fair_value": 26.273942, "relative_strength": 1.79271, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.746846, "energy": 48.883323, "activity_lines": [ 28.614999, 28.374091, 28.253952, 28.190322 ] }, { "date": "2025-09-19", "close": 28.309999, "volume": 314677, "typical_volume": 306646.35, "trend": 28.238, "fair_value": 26.308974, "relative_strength": 1.587195, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.149013, "energy": 41.823933, "activity_lines": [ 28.535999, 28.390454, 28.260286, 28.192656 ] }, { "date": "2025-09-26", "close": 27.860001, "volume": 406819, "typical_volume": 306201.8, "trend": 28.184167, "fair_value": 26.340224, "relative_strength": 1.435717, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -4.79682, "energy": 7.410226, "activity_lines": [ 28.297, 28.318363, 28.223976, 28.168269 ] }, { "date": "2025-10-03", "close": 29.049999, "volume": 777290, "typical_volume": 325191.85, "trend": 28.164167, "fair_value": 26.37875, "relative_strength": 0.852069, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.498462, "energy": 29.515428, "activity_lines": [ 28.506333, 28.466454, 28.301833, 28.224129 ] }, { "date": "2025-10-10", "close": 29.055, "volume": 456437, "typical_volume": 337006.45, "trend": 28.154, "fair_value": 26.417051, "relative_strength": 1.041286, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.165105, "energy": 33.890356, "activity_lines": [ 28.681666, 28.596091, 28.377952, 28.281602 ] }, { "date": "2025-10-17", "close": 29.355, "volume": 210569, "typical_volume": 338317.3, "trend": 28.145, "fair_value": 26.455288, "relative_strength": 0.732654, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.941662, "energy": 56.084651, "activity_lines": [ 28.945, 28.755454, 28.479357, 28.359086 ] }, { "date": "2025-10-24", "close": 29.2925, "volume": 234626, "typical_volume": 335922.6, "trend": 28.14575, "fair_value": 26.489183, "relative_strength": 1.085435, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.538251, "energy": 71.79271, "activity_lines": [ 29.133833, 28.874727, 28.570809, 28.433118 ] }, { "date": "2025-10-31", "close": 28.584999, "volume": 276865, "typical_volume": 339662.15, "trend": 28.213583, "fair_value": 26.518253, "relative_strength": 1.289441, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.876087, "energy": 57.84108, "activity_lines": [ 29.021333, 28.844772, 28.592583, 28.461457 ] }, { "date": "2025-11-07", "close": 28.68, "volume": 350135, "typical_volume": 351011.9, "trend": 28.31275, "fair_value": 26.542708, "relative_strength": 1.054717, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.570647, "energy": 36.609238, "activity_lines": [ 28.892166, 28.833, 28.621905, 28.491548 ] }, { "date": "2025-11-14", "close": 29.469999, "volume": 595581, "typical_volume": 371174.6, "trend": 28.40375, "fair_value": 26.573798, "relative_strength": 1.029375, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.361375, "energy": 38.991456, "activity_lines": [ 29.050999, 28.961863, 28.722154, 28.566209 ] }, { "date": "2025-11-21", "close": 29.450001, "volume": 341332, "typical_volume": 378300.7, "trend": 28.465917, "fair_value": 26.602997, "relative_strength": 0.926907, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.315933, "energy": 37.684387, "activity_lines": [ 29.1755, 29.076273, 28.813547, 28.63371 ] }, { "date": "2025-11-28", "close": 29.924999, "volume": 483210, "typical_volume": 390222.9, "trend": 28.51825, "fair_value": 26.634695, "relative_strength": 0.902305, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.42566, "energy": 57.267957, "activity_lines": [ 29.452, 29.260682, 28.943035, 28.727844 ] }, { "date": "2025-12-05", "close": 30.09, "volume": 417153, "typical_volume": 360646.45, "trend": 28.58675, "fair_value": 26.66976, "relative_strength": 0.615721, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.459829, "energy": 77.53017, "activity_lines": [ 29.741333, 29.445727, 29.078809, 28.829247 ] }, { "date": "2025-12-12", "close": 29.924999, "volume": 265536, "typical_volume": 357725.1, "trend": 28.631417, "fair_value": 26.708061, "relative_strength": 0.409849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.195083, "energy": 74.558321, "activity_lines": [ 29.875333, 29.560227, 29.18925, 28.915586 ] }, { "date": "2025-12-19", "close": 30.620001, "volume": 408745, "typical_volume": 369001.3, "trend": 28.706583, "fair_value": 26.74992, "relative_strength": 0.491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.437626, "energy": 84.156017, "activity_lines": [ 30.158, 29.785182, 29.356643, 29.043882 ] }, { "date": "2025-12-26", "close": 30.775, "volume": 163472, "typical_volume": 354926.05, "trend": 28.781917, "fair_value": 26.79399, "relative_strength": 0.421648, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.594345, "energy": 86.455362, "activity_lines": [ 30.415667, 30.009864, 29.524845, 29.177328 ] }, { "date": "2026-01-02", "close": 30.83, "volume": 155227, "typical_volume": 345100.2, "trend": 28.84925, "fair_value": 26.833285, "relative_strength": 0.376228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.179102, "energy": 89.278089, "activity_lines": [ 30.603333, 30.218727, 29.684, 29.309462 ] }, { "date": "2026-01-09", "close": 31.264999, "volume": 631131, "typical_volume": 364711.65, "trend": 28.949083, "fair_value": 26.872131, "relative_strength": 0.581348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.119552, "energy": 92.267013, "activity_lines": [ 30.875666, 30.478727, 29.871869, 29.465317 ] }, { "date": "2026-01-16", "close": 31.325001, "volume": 621141, "typical_volume": 375976.05, "trend": 29.067417, "fair_value": 26.911394, "relative_strength": 0.790416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.484089, "energy": 89.655739, "activity_lines": [ 31.089667, 30.700909, 30.052928, 29.618602 ] }, { "date": "2026-01-23", "close": 30.754999, "volume": 416853, "typical_volume": 384045.9, "trend": 29.158917, "fair_value": 26.946458, "relative_strength": 0.911313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.36614, "energy": 68.393913, "activity_lines": [ 31.020333, 30.771363, 30.166321, 29.727478 ] }, { "date": "2026-01-30", "close": 30.754999, "volume": 423284, "typical_volume": 397504.15, "trend": 29.252416, "fair_value": 26.98133, "relative_strength": 0.552146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.853786, "energy": 57.991616, "activity_lines": [ 30.941999, 30.818454, 30.270762, 29.830451 ] }, { "date": "2026-02-06", "close": 31.424999, "volume": 729308, "typical_volume": 418235.7, "trend": 29.368416, "fair_value": 27.023285, "relative_strength": 0.828223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.899492, "energy": 59.086348, "activity_lines": [ 31.088333, 30.963636, 30.428512, 29.970618 ] }, { "date": "2026-02-13", "close": 31.65, "volume": 481270, "typical_volume": 421958.25, "trend": 29.48775, "fair_value": 27.065144, "relative_strength": 0.241273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.068333, "energy": 62.92306, "activity_lines": [ 31.269999, 31.122454, 30.592857, 30.117817 ] }, { "date": "2026-02-20", "close": 32.18, "volume": 347014, "typical_volume": 400444.45, "trend": 29.627583, "fair_value": 27.111554, "relative_strength": -0.028832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.416704, "energy": 79.589431, "activity_lines": [ 31.602666, 31.349272, 30.789631, 30.29151 ] }, { "date": "2026-02-27", "close": 32.485001, "volume": 415771, "typical_volume": 398411.15, "trend": 29.787416, "fair_value": 27.159311, "relative_strength": -0.236682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.057472, "energy": 92.193758, "activity_lines": [ 31.98, 31.590545, 31.000547, 30.47586 ] }, { "date": "2026-03-06", "close": 30.525, "volume": 728140, "typical_volume": 424289.7, "trend": 29.879083, "fair_value": 27.199952, "relative_strength": 0.268143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.338142, "energy": 53.26726, "activity_lines": [ 31.588667, 31.441545, 31.008464, 30.523446 ] }, { "date": "2026-03-13", "close": 30.045, "volume": 402188, "typical_volume": 432667.8, "trend": 29.941916, "fair_value": 27.238349, "relative_strength": 0.605565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.792817, "energy": 23.751858, "activity_lines": [ 31.052667, 31.209818, 30.965095, 30.53415 ] }, { "date": "2026-03-20", "close": 28.865, "volume": 271255, "typical_volume": 432387.3, "trend": 29.949583, "fair_value": 27.269086, "relative_strength": 0.655963, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -16.350146, "energy": 26.13708, "activity_lines": [ 30.215333, 30.777818, 30.805762, 30.464672 ] }, { "date": "2026-03-27", "close": 29.4, "volume": 324929, "typical_volume": 431127.0, "trend": 29.979083, "fair_value": 27.296266, "relative_strength": 0.439322, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.919465, "energy": 39.839522, "activity_lines": [ 29.742, 30.486727, 30.696048, 30.429215 ] }, { "date": "2026-04-03", "close": 30.465, "volume": 707539, "typical_volume": 436724.9, "trend": 30.032083, "fair_value": 27.32867, "relative_strength": 0.720807, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.123643, "energy": 33.21684, "activity_lines": [ 29.809, 30.424273, 30.684333, 30.460564 ] }, { "date": "2026-04-10", "close": 30.965, "volume": 158705, "typical_volume": 427593.55, "trend": 30.112583, "fair_value": 27.362324, "relative_strength": 0.759162, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.023819, "energy": 20.755637, "activity_lines": [ 30.177333, 30.458, 30.7155, 30.520753 ] }, { "date": "2026-04-17", "close": 31.584999, "volume": 213853, "typical_volume": 414125.7, "trend": 30.22175, "fair_value": 27.397804, "relative_strength": 0.863856, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.901243, "energy": 20.135752, "activity_lines": [ 30.723, 30.600636, 30.7985, 30.615747 ] }, { "date": "2026-04-24", "close": 31.09, "volume": 238944, "typical_volume": 405215.25, "trend": 30.329416, "fair_value": 27.430112, "relative_strength": 1.178333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.55308, "energy": 28.21135, "activity_lines": [ 31.001, 30.650364, 30.826452, 30.671763 ] }, { "date": "2026-05-01", "close": 31.01, "volume": 392774, "typical_volume": 411577.15, "trend": 30.39475, "fair_value": 27.460272, "relative_strength": 1.135915, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.02978, "energy": 29.83559, "activity_lines": [ 31.104, 30.695727, 30.842024, 30.715672 ] }, { "date": "2026-05-08", "close": 31.065001, "volume": 173542, "typical_volume": 399817.0, "trend": 30.46175, "fair_value": 27.490593, "relative_strength": 1.547507, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.727199, "energy": 27.768399, "activity_lines": [ 31.118, 30.772364, 30.857667, 30.758914 ] }, { "date": "2026-05-15", "close": 31.299999, "volume": 187427, "typical_volume": 401014.75, "trend": 30.526583, "fair_value": 27.521971, "relative_strength": 1.348604, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.029163, "energy": 34.330942, "activity_lines": [ 31.170333, 30.917545, 30.893571, 30.812994 ] }, { "date": "2026-05-22", "close": 31.959999, "volume": 191593, "typical_volume": 402833.05, "trend": 30.6155, "fair_value": 27.559952, "relative_strength": 1.28183, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 62.576517, "energy": 40.720645, "activity_lines": [ 31.420333, 31.168636, 30.989833, 30.905473 ] }, { "date": "2026-05-29", "close": 32.105, "volume": 193590, "typical_volume": 380956.0, "trend": 30.732833, "fair_value": 27.599086, "relative_strength": 1.412803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.628146, "energy": 49.68858, "activity_lines": [ 31.693666, 31.411272, 31.094524, 31.00157 ] }, { "date": "2026-06-05", "close": 31.695, "volume": 19274, "typical_volume": 350862.65, "trend": 30.833333, "fair_value": 27.638317, "relative_strength": 1.241187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.420077, "energy": 53.631883, "activity_lines": [ 31.762666, 31.520454, 31.156167, 31.063645 ] }, { "date": "2026-06-12", "close": 32.514999, "volume": 54352, "typical_volume": 332737.6, "trend": 30.934833, "fair_value": 27.680977, "relative_strength": 1.40046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.145503, "energy": 67.791207, "activity_lines": [ 32.059333, 31.737, 31.294143, 31.17214 ] }, { "date": "2026-06-19", "close": 32.685001, "volume": 29360, "typical_volume": 313041.4, "trend": 31.042666, "fair_value": 27.727035, "relative_strength": 1.414469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.608321, "energy": 73.759534, "activity_lines": [ 32.316, 31.947182, 31.439928, 31.285054 ] }, { "date": "2026-06-26", "close": 33.610001, "volume": 64944, "typical_volume": 279823.2, "trend": 31.1655, "fair_value": 27.778061, "relative_strength": 1.323058, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.293122, "energy": 85.553038, "activity_lines": [ 32.788667, 32.294273, 31.664619, 31.450688 ] }, { "date": "2026-07-03", "close": 34.200001, "volume": 48188, "typical_volume": 258169.1, "trend": 31.3025, "fair_value": 27.838381, "relative_strength": 1.273472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.52168, "energy": 94.680473, "activity_lines": [ 33.348001, 32.711818, 31.935095, 31.646462 ] }, { "date": "2026-07-10", "close": 33.724998, "volume": 447244, "typical_volume": 263180.6, "trend": 31.429167, "fair_value": 27.89242, "relative_strength": 1.170455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.823172, "energy": 88.875796, "activity_lines": [ 33.609333, 32.986454, 32.14819, 31.802753 ] }, { "date": "2026-07-17", "close": 33.900002, "volume": 151661, "typical_volume": 249975.1, "trend": 31.5385, "fair_value": 27.946619, "relative_strength": 0.908084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.205385, "energy": 89.604258, "activity_lines": [ 33.793667, 33.243546, 32.370595, 31.962161 ] }, { "date": "2026-07-24", "close": 33.814999, "volume": 244207, "typical_volume": 225778.45, "trend": 31.639833, "fair_value": 27.998061, "relative_strength": 0.754868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.689148, "energy": 86.116181, "activity_lines": [ 33.857333, 33.433636, 32.578167, 32.109032 ] }, { "date": "2026-07-31", "close": 33.935001, "volume": 184740, "typical_volume": 214906.05, "trend": 31.743333, "fair_value": 28.05367, "relative_strength": 0.957412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.255148, "energy": 65.960252, "activity_lines": [ 33.885667, 33.599818, 32.7815, 32.257108 ] }, { "date": "2026-08-07", "close": 34.52, "volume": 250707, "typical_volume": 213878.65, "trend": 31.851833, "fair_value": 28.113221, "relative_strength": 1.267082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.644319, "energy": 69.432424, "activity_lines": [ 34.087334, 33.836455, 33.022024, 32.436247 ] } ], "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." } } }