{ "ticker": { "uuid": "b902dac7-60a1-4d3b-9f0e-be679dddb97a", "symbol": "CSPXJ", "name": "iShares VII PLC - iShares Core MSCI Pac ex-Jpn ETF USD Acc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "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": 93.224, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 91.288, "architecture_energy": 95.522, "architecture_maturity": 14.273, "architecture_confidence": 64.792, "architecture_tenure": "New", "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": 4.52, "rotation_up": 88.55, "upward_expansion": 99.96, "deceleration": 39.01, "rotation_down": 8.29, "downward_expansion": 21.96 }, "activity_lines": [ 216.060669, 212.430364, 209.241381, 207.296989 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 220.600006, "trend_reference": 204.559667, "distance_from_trend": 0.078414, "trend_direction": "Improving", "fair_value": 175.381731, "distance_from_fair_value": 0.257828, "fair_value_direction": "Improving", "relative_strength": -3.842488, "relative_strength_direction": "Improving", "price_momentum": 0.114648, "excess_performance": -0.056244, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078414, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04022, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.257828, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.047984, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038425, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.003681, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.114648, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.782162, "read": "Demand-led" } ], "volume": { "latest": 29723, "relative_activity": 2.193142, "balance": 7.782162, "dry_up": 1.707409, "accumulation_observations": 6, "distribution_observations": 0 }, "risk": { "range_context": 0.017759, "annualized_volatility": 0.11927, "from_high_reference": -0.009074, "from_low_reference": 0.228832 }, "levels": { "trend_reference": 204.559667, "fair_value_reference": 175.381731, "structural_low": 193.360001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": -0.004786, "positive_rate": 0.37931, "directional_follow_through": 0.37931, "median_excess_return": -0.006885, "regime_survival": 0.551724, "best_return": 0.083911, "worst_return": -0.109079, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.02334, "positive_rate": 0.538462, "directional_follow_through": 0.538462, "median_excess_return": -0.015306, "regime_survival": 0.461538, "best_return": 0.093981, "worst_return": -0.095769, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.0442, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.044756, "regime_survival": 0.5, "best_return": 0.114648, "worst_return": -0.111781, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.04953, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.090369, "regime_survival": 0.5, "best_return": 0.15986, "worst_return": -0.071841, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-01-31", "tenure": "Developing", "return": 0.031788, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.071153, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.099323, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.166467, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-18", "tenure": "Developing", "return": 0.032571, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-10-10", "tenure": "Developing", "return": 0.027322, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-10-24", "tenure": "New", "return": 0.019454, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2025-11-21", "tenure": "New", "return": -0.037735, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": 0.030162, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-27", "tenure": "Developing", "return": 0.010392, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.035029, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-05", "tenure": "Developing", "return": -0.012106, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-10", "tenure": "Developing", "return": 0.023964, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.042632, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 143.169998, "volume": 3257, "typical_volume": 8487.8, "trend": 153.693333, "fair_value": 149.965449, "relative_strength": -14.685316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.611191, "energy": 45.220612, "activity_lines": [ 148.009332, 149.284545, 150.605619, 151.596753 ] }, { "date": "2023-08-25", "close": 143.869995, "volume": 3726, "typical_volume": 8303.7, "trend": 152.949, "fair_value": 150.098462, "relative_strength": -15.008721, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.372951, "energy": 70.456724, "activity_lines": [ 146.113997, 148.13109, 149.868476, 150.962989 ] }, { "date": "2023-09-01", "close": 149.080002, "volume": 17828, "typical_volume": 8765.55, "trend": 152.437334, "fair_value": 150.283846, "relative_strength": -12.739614, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.848535, "energy": 63.513022, "activity_lines": [ 146.454665, 148.145635, 149.675857, 150.713376 ] }, { "date": "2023-09-08", "close": 146.589996, "volume": 10369, "typical_volume": 8725.5, "trend": 151.885, "fair_value": 150.450962, "relative_strength": -12.377033, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.84088, "energy": 58.795291, "activity_lines": [ 146.344664, 147.709453, 149.273952, 150.336129 ] }, { "date": "2023-09-15", "close": 149.889999, "volume": 8653, "typical_volume": 8792.15, "trend": 151.56, "fair_value": 150.639359, "relative_strength": -11.887582, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.006747, "energy": 29.186171, "activity_lines": [ 147.597332, 147.94818, 149.219523, 150.207419 ] }, { "date": "2023-09-22", "close": 146.850006, "volume": 6434, "typical_volume": 8686.8, "trend": 151.246, "fair_value": 150.815513, "relative_strength": -12.151841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.026617, "energy": 20.792899, "activity_lines": [ 147.707334, 147.584545, 148.888952, 149.903548 ] }, { "date": "2023-09-29", "close": 147.309998, "volume": 7511, "typical_volume": 8796.2, "trend": 150.85, "fair_value": 150.99141, "relative_strength": -10.292234, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.459287, "energy": 20.368829, "activity_lines": [ 147.725334, 147.385272, 148.631762, 149.649613 ] }, { "date": "2023-10-06", "close": 146.009995, "volume": 6100, "typical_volume": 8642.7, "trend": 150.590333, "fair_value": 151.138461, "relative_strength": -9.13951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.656813, "energy": 23.534238, "activity_lines": [ 147.080665, 147.023271, 148.275856, 149.337354 ] }, { "date": "2023-10-13", "close": 146.220001, "volume": 6196, "typical_volume": 8527.4, "trend": 150.436, "fair_value": 151.285961, "relative_strength": -9.868319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.67846, "energy": 32.548543, "activity_lines": [ 146.710666, 146.858726, 147.973571, 149.055397 ] }, { "date": "2023-10-20", "close": 141.330002, "volume": 6387, "typical_volume": 8200.45, "trend": 150.137666, "fair_value": 151.407756, "relative_strength": -9.621629, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.480731, "energy": 57.084498, "activity_lines": [ 144.735333, 145.883454, 147.227047, 148.467914 ] }, { "date": "2023-10-27", "close": 140.970001, "volume": 4706, "typical_volume": 7993.95, "trend": 149.677333, "fair_value": 151.550128, "relative_strength": -9.25442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.278793, "energy": 69.370671, "activity_lines": [ 143.210667, 144.963091, 146.499143, 147.876451 ] }, { "date": "2023-11-03", "close": 146.830002, "volume": 10000, "typical_volume": 7714.45, "trend": 149.437666, "fair_value": 151.688141, "relative_strength": -9.667455, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.025662, "energy": 54.001559, "activity_lines": [ 144.031334, 145.148182, 146.386476, 147.692753 ] }, { "date": "2023-11-10", "close": 143.589996, "volume": 5430, "typical_volume": 7685.5, "trend": 149.059666, "fair_value": 151.771474, "relative_strength": -10.75728, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.008044, "energy": 51.115861, "activity_lines": [ 143.804, 144.690363, 146.008952, 147.315484 ] }, { "date": "2023-11-17", "close": 146.039993, "volume": 8490, "typical_volume": 7862.1, "trend": 148.809, "fair_value": 151.845769, "relative_strength": -11.89488, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.774825, "energy": 30.368461, "activity_lines": [ 144.554664, 144.777817, 145.891427, 147.120666 ] }, { "date": "2023-11-24", "close": 146.449997, "volume": 6711, "typical_volume": 7951.35, "trend": 148.600666, "fair_value": 151.916154, "relative_strength": -11.050752, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.503529, "energy": 18.020879, "activity_lines": [ 145.453997, 144.949816, 145.835189, 146.968472 ] }, { "date": "2023-12-01", "close": 147.679993, "volume": 10533, "typical_volume": 7803.4, "trend": 148.421333, "fair_value": 152.002692, "relative_strength": -11.337381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -24.534392, "energy": 14.677264, "activity_lines": [ 146.421995, 145.407997, 145.899474, 146.909074 ] }, { "date": "2023-12-08", "close": 148.509995, "volume": 7235, "typical_volume": 7617.45, "trend": 148.285666, "fair_value": 152.091026, "relative_strength": -11.733727, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.301392, "energy": 15.619344, "activity_lines": [ 147.219328, 146.001996, 146.059998, 146.914794 ] }, { "date": "2023-12-15", "close": 153.580002, "volume": 11798, "typical_volume": 7870.65, "trend": 148.302666, "fair_value": 152.208141, "relative_strength": -8.179431, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.22249, "energy": 38.48333, "activity_lines": [ 149.594664, 147.495997, 146.71695, 147.256364 ] }, { "date": "2023-12-22", "close": 155.589996, "volume": 7109, "typical_volume": 7777.1, "trend": 148.464666, "fair_value": 152.338141, "relative_strength": -6.486912, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.539103, "energy": 62.898614, "activity_lines": [ 151.973997, 149.217815, 147.570998, 147.726514 ] }, { "date": "2023-12-29", "close": 156.580002, "volume": 2608, "typical_volume": 7554.05, "trend": 148.602666, "fair_value": 152.461474, "relative_strength": -5.458161, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.350064, "energy": 73.746521, "activity_lines": [ 154.046666, 150.94927, 148.495236, 148.250085 ] }, { "date": "2024-01-05", "close": 154.440002, "volume": 2941, "typical_volume": 7538.25, "trend": 148.651666, "fair_value": 152.547949, "relative_strength": -6.619295, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.106636, "energy": 69.950945, "activity_lines": [ 154.730667, 152.014362, 149.17457, 148.626687 ] }, { "date": "2024-01-12", "close": 153.610001, "volume": 5271, "typical_volume": 7615.5, "trend": 148.571666, "fair_value": 152.622179, "relative_strength": -6.823558, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 63.940096, "energy": 75.207803, "activity_lines": [ 154.687334, 152.683635, 149.721189, 148.946579 ] }, { "date": "2024-01-19", "close": 149.529999, "volume": 4435, "typical_volume": 6945.85, "trend": 148.582999, "fair_value": 152.66641, "relative_strength": -8.295106, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.093685, "energy": 43.559842, "activity_lines": [ 152.944, 152.487817, 149.832856, 149.008407 ] }, { "date": "2024-01-26", "close": 154.259995, "volume": 6629, "typical_volume": 6758.85, "trend": 148.701332, "fair_value": 152.772436, "relative_strength": -5.281082, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.077303, "energy": 37.807903, "activity_lines": [ 153.047332, 153.043999, 150.392856, 149.374665 ] }, { "date": "2024-02-02", "close": 153.190002, "volume": 7481, "typical_volume": 6700.25, "trend": 148.902332, "fair_value": 152.834167, "relative_strength": -6.602878, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.45694, "energy": 27.906855, "activity_lines": [ 152.882666, 153.256181, 150.814427, 149.664257 ] }, { "date": "2024-02-09", "close": 153.580002, "volume": 5558, "typical_volume": 6656.45, "trend": 148.978666, "fair_value": 152.886218, "relative_strength": -7.329605, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.051869, "energy": 27.397818, "activity_lines": [ 153.074, 153.416727, 151.257428, 149.966042 ] }, { "date": "2024-02-16", "close": 156.460007, "volume": 12716, "typical_volume": 6916.7, "trend": 149.148666, "fair_value": 152.950961, "relative_strength": -7.029246, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 71.112661, "energy": 49.024562, "activity_lines": [ 154.282669, 153.993638, 151.942666, 150.448709 ] }, { "date": "2024-02-23", "close": 156.309998, "volume": 20810, "typical_volume": 7652.2, "trend": 149.199999, "fair_value": 153.034743, "relative_strength": -9.5391, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.66924, "energy": 59.652014, "activity_lines": [ 155.251335, 154.398728, 152.570047, 150.910731 ] }, { "date": "2024-03-01", "close": 156.380005, "volume": 9775, "typical_volume": 7831.15, "trend": 149.394999, "fair_value": 153.102436, "relative_strength": -9.819574, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.737871, "energy": 61.220876, "activity_lines": [ 155.791336, 154.766911, 153.155048, 151.373957 ] }, { "date": "2024-03-08", "close": 158.279999, "volume": 8693, "typical_volume": 7946.45, "trend": 149.739333, "fair_value": 153.171923, "relative_strength": -9.711687, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.68385, "energy": 69.795902, "activity_lines": [ 156.823335, 155.466183, 153.872619, 151.947183 ] }, { "date": "2024-03-15", "close": 155.929993, "volume": 8188, "typical_volume": 8120.55, "trend": 150.164666, "fair_value": 153.228397, "relative_strength": -12.030592, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.989518, "energy": 59.883748, "activity_lines": [ 156.732665, 155.707273, 154.285666, 152.34658 ] }, { "date": "2024-03-22", "close": 157.25, "volume": 5557, "typical_volume": 7898.4, "trend": 150.610666, "fair_value": 153.282051, "relative_strength": -11.93208, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.463969, "energy": 49.080601, "activity_lines": [ 156.925332, 156.161273, 154.75319, 152.803698 ] }, { "date": "2024-03-29", "close": 158.449997, "volume": 5468, "typical_volume": 7900.3, "trend": 150.922999, "fair_value": 153.336859, "relative_strength": -11.922549, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.842641, "energy": 51.716991, "activity_lines": [ 157.465331, 156.767272, 155.28538, 153.309462 ] }, { "date": "2024-04-05", "close": 157.690002, "volume": 13603, "typical_volume": 8155.95, "trend": 151.292999, "fair_value": 153.38532, "relative_strength": -10.09873, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.754044, "energy": 45.308776, "activity_lines": [ 157.609332, 157.072909, 155.674428, 153.746042 ] }, { "date": "2024-04-12", "close": 157.389999, "volume": 9073, "typical_volume": 8274.05, "trend": 151.542999, "fair_value": 153.416923, "relative_strength": -9.309954, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.054066, "energy": 42.922252, "activity_lines": [ 157.565999, 157.261636, 155.979428, 154.139397 ] }, { "date": "2024-04-19", "close": 153.020004, "volume": 9129, "typical_volume": 8203.85, "trend": 151.748666, "fair_value": 153.426282, "relative_strength": -11.901306, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.960942, "energy": 22.198871, "activity_lines": [ 156.125334, 156.579455, 155.816143, 154.234688 ] }, { "date": "2024-04-26", "close": 156.600006, "volume": 7288, "typical_volume": 8206.5, "trend": 152.058333, "fair_value": 153.462692, "relative_strength": -10.344251, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.550478, "energy": 19.694777, "activity_lines": [ 156.072003, 156.558365, 155.968382, 154.547678 ] }, { "date": "2024-05-03", "close": 160.089996, "volume": 5040, "typical_volume": 7868.6, "trend": 152.527666, "fair_value": 153.506731, "relative_strength": -6.358456, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.911958, "energy": 33.84685, "activity_lines": [ 157.225334, 157.169273, 156.414477, 155.065849 ] }, { "date": "2024-05-10", "close": 162.809998, "volume": 5276, "typical_volume": 7776.95, "trend": 153.080666, "fair_value": 153.583461, "relative_strength": -7.283019, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.93447, "energy": 47.51944, "activity_lines": [ 159.176, 158.206, 157.088619, 155.729226 ] }, { "date": "2024-05-17", "close": 165.860001, "volume": 9012, "typical_volume": 8097.15, "trend": 153.898333, "fair_value": 153.682949, "relative_strength": -7.217225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.756831, "energy": 84.901729, "activity_lines": [ 161.802, 159.680364, 158.018857, 156.553699 ] }, { "date": "2024-05-24", "close": 162.130005, "volume": 6889, "typical_volume": 8294.55, "trend": 154.603666, "fair_value": 153.738654, "relative_strength": -6.581067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.716617, "energy": 77.004961, "activity_lines": [ 162.620001, 160.338728, 158.549667, 157.084775 ] }, { "date": "2024-05-31", "close": 160.309998, "volume": 11456, "typical_volume": 8603.8, "trend": 155.052999, "fair_value": 153.778269, "relative_strength": -7.283751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.447061, "energy": 71.270817, "activity_lines": [ 162.224, 160.553455, 158.870524, 157.452925 ] }, { "date": "2024-06-07", "close": 162.759995, "volume": 5623, "typical_volume": 8663.2, "trend": 155.691999, "fair_value": 153.830833, "relative_strength": -5.985519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.131646, "energy": 61.11855, "activity_lines": [ 162.397332, 161.158, 159.392809, 157.95015 ] }, { "date": "2024-06-14", "close": 161.850006, "volume": 7560, "typical_volume": 8709.75, "trend": 156.219, "fair_value": 153.882949, "relative_strength": -0.554586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.450162, "energy": 40.999662, "activity_lines": [ 162.089334, 161.518728, 159.765429, 158.347441 ] }, { "date": "2024-06-21", "close": 163.360001, "volume": 39521, "typical_volume": 10311.75, "trend": 156.782667, "fair_value": 153.941218, "relative_strength": -1.347141, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.558143, "energy": 41.084745, "activity_lines": [ 162.348668, 162.078364, 160.245715, 158.808151 ] }, { "date": "2024-06-28", "close": 163.470001, "volume": 7744, "typical_volume": 10421.05, "trend": 157.309, "fair_value": 154.003397, "relative_strength": -0.662468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.201817, "energy": 42.804967, "activity_lines": [ 162.811334, 162.549455, 160.688048, 159.239592 ] }, { "date": "2024-07-05", "close": 163.589996, "volume": 9408, "typical_volume": 10255.65, "trend": 157.811667, "fair_value": 154.067948, "relative_strength": -2.846499, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.994629, "energy": 41.662214, "activity_lines": [ 163.224666, 162.852364, 161.094714, 159.644817 ] }, { "date": "2024-07-12", "close": 168.550003, "volume": 9764, "typical_volume": 9703.35, "trend": 158.310667, "fair_value": 154.1625, "relative_strength": -1.462753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.791581, "energy": 62.017387, "activity_lines": [ 165.072667, 163.93, 161.93981, 160.337613 ] }, { "date": "2024-07-19", "close": 163.970001, "volume": 10678, "typical_volume": 9748.5, "trend": 158.59, "fair_value": 154.222884, "relative_strength": -2.94666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.519827, "energy": 51.690194, "activity_lines": [ 165.008001, 164.021092, 162.290429, 160.702732 ] }, { "date": "2024-07-26", "close": 161.949997, "volume": 18655, "typical_volume": 10246.6, "trend": 158.769, "fair_value": 154.284551, "relative_strength": -2.824091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.817276, "energy": 38.213953, "activity_lines": [ 164.128666, 163.723818, 162.412524, 160.919506 ] }, { "date": "2024-08-02", "close": 157.070007, "volume": 18100, "typical_volume": 10742.2, "trend": 158.856667, "fair_value": 154.296666, "relative_strength": -0.334458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.225134, "energy": 9.597007, "activity_lines": [ 161.716669, 162.610365, 162.052382, 160.809893 ] }, { "date": "2024-08-09", "close": 158.949997, "volume": 12800, "typical_volume": 11104.35, "trend": 159.034667, "fair_value": 154.313782, "relative_strength": 1.702459, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.008904, "energy": 17.972035, "activity_lines": [ 160.358001, 161.930728, 161.865858, 160.815914 ] }, { "date": "2024-08-16", "close": 162.449997, "volume": 6958, "typical_volume": 11178.85, "trend": 159.465334, "fair_value": 154.381346, "relative_strength": 0.075372, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.134496, "energy": 18.17016, "activity_lines": [ 160.475333, 161.912182, 162.004572, 161.036258 ] }, { "date": "2024-08-23", "close": 165.600006, "volume": 6075, "typical_volume": 10802.45, "trend": 159.843334, "fair_value": 154.458397, "relative_strength": 0.239871, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.577489, "energy": 21.37818, "activity_lines": [ 162.049335, 162.472001, 162.424239, 161.432044 ] }, { "date": "2024-08-30", "close": 167.070007, "volume": 5613, "typical_volume": 10629.45, "trend": 160.306001, "fair_value": 154.539679, "relative_strength": -0.864284, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.401862, "energy": 35.512196, "activity_lines": [ 164.00467, 163.230911, 162.946239, 161.898281 ] }, { "date": "2024-09-06", "close": 163.869995, "volume": 8854, "typical_volume": 10615.7, "trend": 160.649001, "fair_value": 154.607051, "relative_strength": 0.503579, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.418815, "energy": 41.969302, "activity_lines": [ 164.552001, 163.340546, 163.117382, 162.128216 ] }, { "date": "2024-09-13", "close": 168.820007, "volume": 9872, "typical_volume": 10744.9, "trend": 161.061001, "fair_value": 154.727115, "relative_strength": 2.748915, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.181966, "energy": 60.843305, "activity_lines": [ 166.296003, 164.342911, 163.708287, 162.655377 ] }, { "date": "2024-09-20", "close": 171.509995, "volume": 8301, "typical_volume": 10907.95, "trend": 161.567667, "fair_value": 154.874102, "relative_strength": 3.810355, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.414853, "energy": 71.52853, "activity_lines": [ 168.278667, 165.739274, 164.497191, 163.329506 ] }, { "date": "2024-09-27", "close": 177.889999, "volume": 22586, "typical_volume": 11773.45, "trend": 162.284667, "fair_value": 155.062884, "relative_strength": 4.718377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.306862, "energy": 82.044066, "activity_lines": [ 171.784, 168.241819, 165.839334, 164.38256 ] }, { "date": "2024-10-04", "close": 179.410004, "volume": 45627, "typical_volume": 13604.2, "trend": 162.989, "fair_value": 155.237372, "relative_strength": 9.136284, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.659665, "energy": 88.482165, "activity_lines": [ 174.976667, 170.767637, 167.25443, 165.48742 ] }, { "date": "2024-10-11", "close": 178.759995, "volume": 19611, "typical_volume": 14240.3, "trend": 163.75, "fair_value": 155.392308, "relative_strength": 6.464377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.906206, "energy": 87.939582, "activity_lines": [ 177.129999, 172.857818, 168.543096, 166.504904 ] }, { "date": "2024-10-18", "close": 179.380005, "volume": 17596, "typical_volume": 14547.3, "trend": 164.487667, "fair_value": 155.542243, "relative_strength": 4.143473, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.259739, "energy": 88.844897, "activity_lines": [ 178.497334, 174.666364, 169.81162, 167.513291 ] }, { "date": "2024-10-25", "close": 176.669998, "volume": 8120, "typical_volume": 14672.15, "trend": 165.095001, "fair_value": 155.669872, "relative_strength": 3.867574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.906439, "energy": 81.921409, "activity_lines": [ 178.257333, 175.610728, 170.731239, 168.299248 ] }, { "date": "2024-11-01", "close": 174.330002, "volume": 30306, "typical_volume": 15809.45, "trend": 165.649667, "fair_value": 155.780769, "relative_strength": 2.825053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.477312, "energy": 56.237945, "activity_lines": [ 176.893334, 175.871091, 171.361763, 168.895054 ] }, { "date": "2024-11-08", "close": 178.020004, "volume": 16603, "typical_volume": 14663.55, "trend": 166.337334, "fair_value": 155.919615, "relative_strength": 7.572805, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.621021, "energy": 54.099229, "activity_lines": [ 176.996668, 176.643637, 172.284287, 169.693141 ] }, { "date": "2024-11-15", "close": 178.610001, "volume": 19088, "typical_volume": 15230.75, "trend": 167.190334, "fair_value": 156.066154, "relative_strength": 6.631261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.408858, "energy": 50.764338, "activity_lines": [ 177.389335, 177.324365, 173.193191, 170.484926 ] }, { "date": "2024-11-22", "close": 184.289993, "volume": 22664, "typical_volume": 15893.55, "trend": 168.113334, "fair_value": 156.280192, "relative_strength": 12.080224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.117056, "energy": 61.805864, "activity_lines": [ 179.685332, 178.769818, 174.570953, 171.588129 ] }, { "date": "2024-11-29", "close": 183.470001, "volume": 11391, "typical_volume": 15974.9, "trend": 168.892667, "fair_value": 156.501795, "relative_strength": 11.605519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.268066, "energy": 73.36281, "activity_lines": [ 181.380666, 179.784909, 175.772048, 172.578882 ] }, { "date": "2024-12-06", "close": 180.419998, "volume": 13806, "typical_volume": 16131.3, "trend": 169.479667, "fair_value": 156.677949, "relative_strength": 5.407235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.051875, "energy": 67.276864, "activity_lines": [ 181.605999, 180.028, 176.611619, 173.322581 ] }, { "date": "2024-12-13", "close": 178.610001, "volume": 28002, "typical_volume": 16598.65, "trend": 169.904667, "fair_value": 156.85641, "relative_strength": 3.908448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.350929, "energy": 53.481525, "activity_lines": [ 180.821999, 179.896, 177.200476, 173.911635 ] }, { "date": "2024-12-20", "close": 174.520004, "volume": 11960, "typical_volume": 16291.65, "trend": 170.317667, "fair_value": 156.992179, "relative_strength": 4.888331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.177083, "energy": 31.853634, "activity_lines": [ 178.635334, 179.03491, 177.320477, 174.209398 ] }, { "date": "2024-12-27", "close": 175.850006, "volume": 1411, "typical_volume": 15722.2, "trend": 170.835667, "fair_value": 157.124808, "relative_strength": 4.470155, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.052791, "energy": 23.438592, "activity_lines": [ 177.16467, 178.492729, 177.484049, 174.566323 ] }, { "date": "2025-01-03", "close": 177.759995, "volume": 4971, "typical_volume": 15622.85, "trend": 171.335667, "fair_value": 157.285769, "relative_strength": 5.651218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.409949, "energy": 23.661199, "activity_lines": [ 176.893334, 178.362, 177.749048, 175.013054 ] }, { "date": "2025-01-10", "close": 175.869995, "volume": 16506, "typical_volume": 16144.4, "trend": 171.803, "fair_value": 157.431602, "relative_strength": 1.673834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.709185, "energy": 22.378807, "activity_lines": [ 176.372665, 177.867818, 177.761143, 175.305592 ] }, { "date": "2025-01-17", "close": 179.350006, "volume": 19379, "typical_volume": 16832.7, "trend": 172.336001, "fair_value": 157.603269, "relative_strength": 0.314989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.37961, "energy": 14.998012, "activity_lines": [ 177.315334, 177.978364, 178.055762, 175.792495 ] }, { "date": "2025-01-24", "close": 178.919998, "volume": 17319, "typical_volume": 17255.95, "trend": 172.851, "fair_value": 157.813461, "relative_strength": 0.312694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.213862, "energy": 22.956631, "activity_lines": [ 178.065333, 177.986546, 178.250953, 176.217269 ] }, { "date": "2025-01-31", "close": 181.440002, "volume": 15821, "typical_volume": 17553.4, "trend": 173.446001, "fair_value": 158.035897, "relative_strength": 0.974503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.032193, "energy": 32.838357, "activity_lines": [ 179.362, 178.447273, 178.614477, 176.771398 ] }, { "date": "2025-02-07", "close": 181.720001, "volume": 27440, "typical_volume": 18510.35, "trend": 173.885001, "fair_value": 158.220064, "relative_strength": -0.453587, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.936739, "energy": 50.186909, "activity_lines": [ 180.379334, 179.010728, 178.944572, 177.305205 ] }, { "date": "2025-02-14", "close": 183.740005, "volume": 15073, "typical_volume": 18134.7, "trend": 174.544001, "fair_value": 158.417051, "relative_strength": -1.755085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.284643, "energy": 64.288974, "activity_lines": [ 181.806002, 179.973274, 179.418429, 177.941012 ] }, { "date": "2025-02-21", "close": 182.110001, "volume": 26379, "typical_volume": 17172.3, "trend": 175.216001, "fair_value": 158.615, "relative_strength": -3.734288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.014117, "energy": 62.615285, "activity_lines": [ 182.164669, 180.579092, 179.709191, 178.429141 ] }, { "date": "2025-02-28", "close": 178.479996, "volume": 44554, "typical_volume": 18419.45, "trend": 175.929667, "fair_value": 158.772372, "relative_strength": -6.176273, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.802868, "energy": 36.462491, "activity_lines": [ 181.129334, 180.461273, 179.641381, 178.639721 ] }, { "date": "2025-03-07", "close": 171.710007, "volume": 27012, "typical_volume": 18890.25, "trend": 176.355001, "fair_value": 158.889231, "relative_strength": -9.487868, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 1.232314, "energy": 5.534506, "activity_lines": [ 177.866669, 179.040547, 178.930144, 178.367485 ] }, { "date": "2025-03-14", "close": 168.789993, "volume": 21351, "typical_volume": 19551.8, "trend": 176.566334, "fair_value": 158.944679, "relative_strength": -11.090576, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -42.032445, "energy": 40.268668, "activity_lines": [ 174.279333, 177.164182, 177.977334, 177.87942 ] }, { "date": "2025-03-21", "close": 169.850006, "volume": 14249, "typical_volume": 18748.95, "trend": 176.708001, "fair_value": 158.984551, "relative_strength": -11.326431, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.174316, "energy": 68.376585, "activity_lines": [ 171.907334, 175.643638, 177.163001, 177.446108 ] }, { "date": "2025-03-28", "close": 170.399994, "volume": 16670, "typical_volume": 18752.3, "trend": 176.819, "fair_value": 159.023974, "relative_strength": -10.30065, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.863562, "energy": 71.750909, "activity_lines": [ 170.644666, 174.332545, 176.422381, 177.03914 ] }, { "date": "2025-04-04", "close": 152.979996, "volume": 21920, "typical_volume": 18893.9, "trend": 176.456, "fair_value": 158.942179, "relative_strength": -9.886648, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -97.103456, "energy": 96.70437, "activity_lines": [ 164.355998, 170.016908, 174.059, 175.50114 ] }, { "date": "2025-04-11", "close": 150.600006, "volume": 24721, "typical_volume": 18996.75, "trend": 175.848667, "fair_value": 158.847885, "relative_strength": -9.585987, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.731706, "energy": 96.705385, "activity_lines": [ 158.974, 165.740182, 171.591, 173.833011 ] }, { "date": "2025-04-18", "close": 159.740005, "volume": 7722, "typical_volume": 18813.3, "trend": 175.456334, "fair_value": 158.841346, "relative_strength": -9.276187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.709517, "energy": 86.538506, "activity_lines": [ 158.046002, 163.686001, 170.153906, 172.793743 ] }, { "date": "2025-04-25", "close": 164.789993, "volume": 10642, "typical_volume": 18655.1, "trend": 175.019667, "fair_value": 158.861154, "relative_strength": -9.779472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.688938, "energy": 72.768845, "activity_lines": [ 159.404666, 162.949636, 169.310762, 172.105592 ] }, { "date": "2025-05-02", "close": 171.369995, "volume": 10385, "typical_volume": 17774.25, "trend": 174.751667, "fair_value": 158.963846, "relative_strength": -8.471807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.283345, "energy": 46.660695, "activity_lines": [ 163.293998, 163.754181, 169.168714, 171.870129 ] }, { "date": "2025-05-09", "close": 172.589996, "volume": 15610, "typical_volume": 17956.75, "trend": 174.546, "fair_value": 159.075449, "relative_strength": -10.148865, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.813199, "energy": 23.696272, "activity_lines": [ 167.52533, 164.975816, 169.177333, 171.730666 ] }, { "date": "2025-05-16", "close": 177.800003, "volume": 10635, "typical_volume": 18417.95, "trend": 174.493333, "fair_value": 159.213077, "relative_strength": -10.253985, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.150693, "energy": 22.792633, "activity_lines": [ 172.185998, 167.251817, 169.691333, 171.940602 ] }, { "date": "2025-05-23", "close": 175.669998, "volume": 14842, "typical_volume": 18911.5, "trend": 174.46, "fair_value": 159.322372, "relative_strength": -8.58593, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.973793, "energy": 27.590605, "activity_lines": [ 174.323332, 169.029817, 169.99319, 172.016516 ] }, { "date": "2025-05-30", "close": 176.539993, "volume": 13592, "typical_volume": 18765.8, "trend": 174.533666, "fair_value": 159.436282, "relative_strength": -9.448501, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.986821, "energy": 32.562266, "activity_lines": [ 175.688664, 170.840907, 170.387856, 172.150709 ] }, { "date": "2025-06-06", "close": 180.100006, "volume": 18067, "typical_volume": 18700.2, "trend": 174.603, "fair_value": 159.615, "relative_strength": -8.700292, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.169182, "energy": 38.525501, "activity_lines": [ 177.457333, 173.177635, 171.11838, 172.509828 ] }, { "date": "2025-06-13", "close": 178.139999, "volume": 7679, "typical_volume": 18218.2, "trend": 174.587333, "fair_value": 159.824872, "relative_strength": -6.869439, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.773514, "energy": 43.551112, "activity_lines": [ 177.990666, 174.981635, 171.658666, 172.738021 ] }, { "date": "2025-06-20", "close": 175.990005, "volume": 17201, "typical_volume": 18287.2, "trend": 174.310667, "fair_value": 160.000833, "relative_strength": -7.351933, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.447038, "energy": 30.889021, "activity_lines": [ 177.437335, 175.937273, 171.997904, 172.828516 ] }, { "date": "2025-06-27", "close": 177.690002, "volume": 7662, "typical_volume": 17298.3, "trend": 174.118, "fair_value": 160.187821, "relative_strength": -7.490915, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.175931, "energy": 25.756492, "activity_lines": [ 177.571335, 176.740364, 172.525, 173.046538 ] }, { "date": "2025-07-04", "close": 177.300003, "volume": 11892, "typical_volume": 17139.25, "trend": 174.014, "fair_value": 160.330449, "relative_strength": -7.289571, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.265478, "energy": 23.233466, "activity_lines": [ 177.440669, 177.146183, 173.034143, 173.251828 ] }, { "date": "2025-07-11", "close": 179.130005, "volume": 15985, "typical_volume": 16619.55, "trend": 174.031334, "fair_value": 160.501859, "relative_strength": -7.248897, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.526431, "energy": 29.706053, "activity_lines": [ 177.869337, 177.657275, 173.748239, 173.581893 ] }, { "date": "2025-07-18", "close": 182.289993, "volume": 11589, "typical_volume": 14971.3, "trend": 174.290333, "fair_value": 160.677244, "relative_strength": -6.059284, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.397534, "energy": 56.714617, "activity_lines": [ 179.416, 178.601819, 174.777476, 174.11471 ] }, { "date": "2025-07-25", "close": 181.169998, "volume": 14338, "typical_volume": 14337.6, "trend": 174.467667, "fair_value": 160.820256, "relative_strength": -7.459399, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.042716, "energy": 70.762321, "activity_lines": [ 180.312666, 179.166364, 175.681905, 174.558559 ] }, { "date": "2025-08-01", "close": 180.089996, "volume": 17022, "typical_volume": 14121.15, "trend": 174.545333, "fair_value": 160.958269, "relative_strength": -6.058663, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.454053, "energy": 70.963874, "activity_lines": [ 180.503998, 179.473272, 176.438428, 174.92129 ] }, { "date": "2025-08-08", "close": 183.300003, "volume": 9978, "typical_volume": 13907.6, "trend": 174.793, "fair_value": 161.099423, "relative_strength": -8.025473, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.457983, "energy": 76.653165, "activity_lines": [ 181.605332, 180.283455, 177.446857, 175.486107 ] }, { "date": "2025-08-15", "close": 185.320007, "volume": 10473, "typical_volume": 13597.75, "trend": 174.992, "fair_value": 161.261026, "relative_strength": -9.048437, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.439853, "energy": 81.219056, "activity_lines": [ 182.980002, 181.338001, 178.58362, 176.165269 ] }, { "date": "2025-08-22", "close": 187.649994, "volume": 22622, "typical_volume": 13632.85, "trend": 175.283, "fair_value": 161.428846, "relative_strength": -9.08445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.429766, "energy": 87.055902, "activity_lines": [ 184.718666, 182.721273, 179.871238, 176.981914 ] }, { "date": "2025-08-29", "close": 186.460007, "volume": 24258, "typical_volume": 13609.7, "trend": 175.450334, "fair_value": 161.616539, "relative_strength": -7.110461, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.044025, "energy": 86.038198, "activity_lines": [ 185.703336, 183.715274, 180.880429, 177.703011 ] }, { "date": "2025-09-05", "close": 185.330002, "volume": 20825, "typical_volume": 14264.85, "trend": 175.570667, "fair_value": 161.792116, "relative_strength": -6.191114, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.339128, "energy": 81.976518, "activity_lines": [ 185.958669, 184.313456, 181.611239, 178.340409 ] }, { "date": "2025-09-12", "close": 188.910004, "volume": 24693, "typical_volume": 14967.4, "trend": 175.743, "fair_value": 161.985513, "relative_strength": -6.306761, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.033087, "energy": 83.722584, "activity_lines": [ 187.058003, 185.423638, 182.561144, 179.201011 ] }, { "date": "2025-09-19", "close": 185.940002, "volume": 12861, "typical_volume": 15091.2, "trend": 175.870667, "fair_value": 162.220321, "relative_strength": -6.967281, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.528125, "energy": 58.36087, "activity_lines": [ 186.793336, 185.782729, 183.113335, 179.858883 ] }, { "date": "2025-09-26", "close": 184.669998, "volume": 13487, "typical_volume": 14985.05, "trend": 176.077, "fair_value": 162.46891, "relative_strength": -8.029726, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.779801, "energy": 50.212172, "activity_lines": [ 186.064001, 185.787092, 183.475192, 180.426581 ] }, { "date": "2025-10-03", "close": 189.589996, "volume": 20609, "typical_volume": 15483.75, "trend": 176.673, "fair_value": 162.72968, "relative_strength": -6.54971, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.220325, "energy": 56.855854, "activity_lines": [ 187.173333, 186.642728, 184.248096, 181.298387 ] }, { "date": "2025-10-10", "close": 186.119995, "volume": 21996, "typical_volume": 15841.45, "trend": 177.250667, "fair_value": 162.998398, "relative_strength": -5.315719, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.776719, "energy": 42.435363, "activity_lines": [ 186.917331, 186.714363, 184.634381, 181.907871 ] }, { "date": "2025-10-17", "close": 185.050003, "volume": 37781, "typical_volume": 17050.9, "trend": 177.757333, "fair_value": 163.260769, "relative_strength": -4.946654, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.957642, "energy": 33.33048, "activity_lines": [ 186.251999, 186.481818, 184.869, 182.411054 ] }, { "date": "2025-10-24", "close": 188.649994, "volume": 23942, "typical_volume": 17344.65, "trend": 178.365667, "fair_value": 163.550769, "relative_strength": -4.508032, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.109881, "energy": 43.34277, "activity_lines": [ 187.043997, 186.871999, 185.405952, 183.113806 ] }, { "date": "2025-10-31", "close": 188.419998, "volume": 19963, "typical_volume": 17958.85, "trend": 179.547, "fair_value": 163.803718, "relative_strength": -5.886095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.913741, "energy": 39.601407, "activity_lines": [ 187.578664, 187.159817, 185.880285, 183.762473 ] }, { "date": "2025-11-07", "close": 186.070007, "volume": 40324, "typical_volume": 19115.0, "trend": 180.729333, "fair_value": 164.013333, "relative_strength": -6.14184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.058171, "energy": 33.264399, "activity_lines": [ 187.080001, 187.006363, 186.081857, 184.183312 ] }, { "date": "2025-11-14", "close": 185.759995, "volume": 20547, "typical_volume": 19759.25, "trend": 181.596666, "fair_value": 164.211154, "relative_strength": -8.209346, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.438137, "energy": 26.762469, "activity_lines": [ 186.712666, 186.803635, 186.205904, 184.507871 ] }, { "date": "2025-11-21", "close": 181.309998, "volume": 53828, "typical_volume": 21856.05, "trend": 182.147333, "fair_value": 164.377436, "relative_strength": -7.122724, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 2.256957, "energy": 6.285778, "activity_lines": [ 184.885999, 185.783999, 185.867714, 184.489376 ] }, { "date": "2025-11-28", "close": 184.669998, "volume": 65710, "typical_volume": 24342.3, "trend": 182.590667, "fair_value": 164.547885, "relative_strength": -6.433721, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.954986, "energy": 14.862698, "activity_lines": [ 184.428665, 185.513453, 185.830428, 184.652129 ] }, { "date": "2025-12-05", "close": 185.399994, "volume": 16166, "typical_volume": 24571.15, "trend": 183.017667, "fair_value": 164.720449, "relative_strength": -5.861037, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.216409, "energy": 13.922148, "activity_lines": [ 184.479997, 185.398725, 185.836284, 184.833376 ] }, { "date": "2025-12-12", "close": 184.179993, "volume": 15232, "typical_volume": 24615.85, "trend": 183.230333, "fair_value": 164.918782, "relative_strength": -6.302227, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.272401, "energy": 13.230362, "activity_lines": [ 184.325995, 185.048906, 185.711141, 184.908364 ] }, { "date": "2025-12-19", "close": 185.419998, "volume": 11794, "typical_volume": 24354.45, "trend": 183.555333, "fair_value": 165.122885, "relative_strength": -7.890932, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.617664, "energy": 7.571003, "activity_lines": [ 184.711329, 185.022906, 185.68976, 185.049633 ] }, { "date": "2025-12-26", "close": 187.910004, "volume": 9466, "typical_volume": 24328.85, "trend": 183.934333, "fair_value": 165.346154, "relative_strength": -5.962017, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.141811, "energy": 19.077325, "activity_lines": [ 185.949332, 185.462362, 185.880141, 185.33058 ] }, { "date": "2026-01-02", "close": 187.490005, "volume": 3752, "typical_volume": 23992.8, "trend": 184.180667, "fair_value": 165.531154, "relative_strength": -7.329994, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.825122, "energy": 22.491064, "activity_lines": [ 186.607334, 185.773454, 186.00857, 185.559978 ] }, { "date": "2026-01-09", "close": 190.240005, "volume": 15947, "typical_volume": 23659.05, "trend": 184.584, "fair_value": 165.7225, "relative_strength": -6.33659, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.481628, "energy": 48.429748, "activity_lines": [ 187.994003, 186.605637, 186.388571, 185.950903 ] }, { "date": "2026-01-16", "close": 193.419998, "volume": 7670, "typical_volume": 22829.65, "trend": 185.165, "fair_value": 165.921859, "relative_strength": -4.641336, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.491041, "energy": 71.872438, "activity_lines": [ 190.118002, 187.982909, 187.059095, 186.520967 ] }, { "date": "2026-01-23", "close": 194.169998, "volume": 17185, "typical_volume": 22647.65, "trend": 185.714333, "fair_value": 166.101154, "relative_strength": -1.94433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.937814, "energy": 77.530244, "activity_lines": [ 191.876001, 189.362909, 187.767904, 187.101935 ] }, { "date": "2026-01-30", "close": 196.320007, "volume": 20859, "typical_volume": 22455.95, "trend": 186.348333, "fair_value": 166.305577, "relative_strength": -2.089574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.004462, "energy": 83.124129, "activity_lines": [ 193.767336, 190.980911, 188.639381, 187.786172 ] }, { "date": "2026-02-06", "close": 197.910004, "volume": 24932, "typical_volume": 23059.5, "trend": 186.974333, "fair_value": 166.528333, "relative_strength": -1.796621, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.203569, "energy": 85.354371, "activity_lines": [ 195.628003, 192.615093, 189.627, 188.532086 ] }, { "date": "2026-02-13", "close": 201.070007, "volume": 18615, "typical_volume": 23315.9, "trend": 187.600334, "fair_value": 166.79391, "relative_strength": 0.932992, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.059282, "energy": 90.074655, "activity_lines": [ 197.847338, 194.583094, 190.858573, 189.441485 ] }, { "date": "2026-02-20", "close": 206.029999, "volume": 25400, "typical_volume": 23555.45, "trend": 188.429, "fair_value": 167.112885, "relative_strength": 1.239999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.103968, "energy": 95.949823, "activity_lines": [ 200.998003, 197.168003, 192.48443, 190.630495 ] }, { "date": "2026-02-27", "close": 208.259995, "volume": 20886, "typical_volume": 23499.95, "trend": 189.368, "fair_value": 167.427436, "relative_strength": 0.829384, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.929487, "energy": 95.690882, "activity_lines": [ 204.051334, 199.761092, 194.244382, 191.909914 ] }, { "date": "2026-03-06", "close": 202.210007, "volume": 34145, "typical_volume": 23318.15, "trend": 189.998334, "fair_value": 167.737756, "relative_strength": 4.620856, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.867122, "energy": 86.528737, "activity_lines": [ 204.148669, 200.838911, 195.322716, 192.738431 ] }, { "date": "2026-03-13", "close": 200.979996, "volume": 23526, "typical_volume": 23297.35, "trend": 190.520333, "fair_value": 168.059103, "relative_strength": 3.520693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.534106, "energy": 67.500504, "activity_lines": [ 203.443333, 201.433092, 196.202191, 193.446925 ] }, { "date": "2026-03-20", "close": 196.360001, "volume": 21953, "typical_volume": 23396.85, "trend": 190.810667, "fair_value": 168.354487, "relative_strength": 4.519033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.443356, "energy": 47.495752, "activity_lines": [ 200.993333, 200.942001, 196.582953, 193.823678 ] }, { "date": "2026-03-27", "close": 195.429993, "volume": 25960, "typical_volume": 22678.65, "trend": 191.109666, "fair_value": 168.615064, "relative_strength": 2.685906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.654577, "energy": 24.094521, "activity_lines": [ 198.547331, 200.170545, 196.837334, 194.121699 ] }, { "date": "2026-04-03", "close": 201.259995, "volume": 18618, "typical_volume": 22582.2, "trend": 191.640666, "fair_value": 168.917885, "relative_strength": 0.545184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.282013, "energy": 25.116562, "activity_lines": [ 198.75133, 200.422544, 197.602381, 194.776559 ] }, { "date": "2026-04-10", "close": 207.639999, "volume": 15166, "typical_volume": 20649.1, "trend": 192.264999, "fair_value": 169.255769, "relative_strength": -0.562253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.374786, "energy": 34.189146, "activity_lines": [ 201.548663, 201.705635, 198.901238, 195.808774 ] }, { "date": "2026-04-17", "close": 208.309998, "volume": 9964, "typical_volume": 17861.8, "trend": 193.010666, "fair_value": 169.606731, "relative_strength": -2.73798, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.682419, "energy": 49.621536, "activity_lines": [ 204.207331, 202.904725, 200.138523, 196.843935 ] }, { "date": "2026-04-24", "close": 203.210007, "volume": 13508, "typical_volume": 17728.9, "trend": 193.628666, "fair_value": 169.930513, "relative_strength": -2.640888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.883112, "energy": 51.868666, "activity_lines": [ 204.677334, 202.987454, 200.777524, 197.501957 ] }, { "date": "2026-05-01", "close": 205.039993, "volume": 9147, "typical_volume": 17424.65, "trend": 194.143666, "fair_value": 170.263718, "relative_strength": -2.871095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.961447, "energy": 57.429999, "activity_lines": [ 205.300665, 203.363998, 201.506, 198.238172 ] }, { "date": "2026-05-08", "close": 206.410004, "volume": 12190, "typical_volume": 17444.45, "trend": 194.82, "fair_value": 170.608782, "relative_strength": -4.210551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.156789, "energy": 52.532622, "activity_lines": [ 205.740001, 204.007636, 202.265619, 199.029548 ] }, { "date": "2026-05-15", "close": 205.199997, "volume": 10552, "typical_volume": 17498.75, "trend": 195.491666, "fair_value": 170.942949, "relative_strength": -4.352507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.47416, "energy": 38.153767, "activity_lines": [ 205.432666, 204.464908, 202.810047, 199.699226 ] }, { "date": "2026-05-22", "close": 205.449997, "volume": 18595, "typical_volume": 18240.9, "trend": 196.051666, "fair_value": 171.293718, "relative_strength": -4.874102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.247247, "energy": 37.058173, "activity_lines": [ 205.371332, 204.913271, 203.295952, 200.341698 ] }, { "date": "2026-05-29", "close": 206.380005, "volume": 17662, "typical_volume": 18326.65, "trend": 196.650333, "fair_value": 171.639487, "relative_strength": -5.331412, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.14515, "energy": 37.156928, "activity_lines": [ 205.810667, 205.449454, 203.784904, 201.008043 ] }, { "date": "2026-06-05", "close": 200.75, "volume": 4785, "typical_volume": 18182.4, "trend": 197.139666, "fair_value": 171.945769, "relative_strength": -7.47987, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.413486, "energy": 21.964087, "activity_lines": [ 204.162001, 204.779818, 203.660809, 201.272538 ] }, { "date": "2026-06-12", "close": 205.309998, "volume": 3777, "typical_volume": 17512.0, "trend": 197.791333, "fair_value": 172.261795, "relative_strength": -8.110154, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.410363, "energy": 22.786381, "activity_lines": [ 204.319333, 204.842545, 203.936095, 201.799656 ] }, { "date": "2026-06-19", "close": 205.850006, "volume": 1330, "typical_volume": 16535.55, "trend": 198.609333, "fair_value": 172.625, "relative_strength": -9.989644, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.034801, "energy": 23.515391, "activity_lines": [ 204.730002, 204.929819, 204.209762, 202.31957 ] }, { "date": "2026-06-26", "close": 205.259995, "volume": 3622, "typical_volume": 15470.05, "trend": 199.295667, "fair_value": 172.974679, "relative_strength": -7.28194, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.153618, "energy": 20.040465, "activity_lines": [ 204.900667, 204.942364, 204.381857, 202.748645 ] }, { "date": "2026-07-03", "close": 206.399994, "volume": 994, "typical_volume": 14589.0, "trend": 199.995667, "fair_value": 173.354423, "relative_strength": -9.280914, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.728104, "energy": 33.020123, "activity_lines": [ 205.463998, 205.217635, 204.627523, 203.206989 ] }, { "date": "2026-07-10", "close": 210.229996, "volume": 12624, "typical_volume": 13950.2, "trend": 200.864, "fair_value": 173.732243, "relative_strength": -7.040835, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.82132, "energy": 58.406936, "activity_lines": [ 207.302663, 206.131271, 205.21257, 203.867268 ] }, { "date": "2026-07-17", "close": 211.580002, "volume": 23028, "typical_volume": 14057.3, "trend": 201.736, "fair_value": 174.118269, "relative_strength": -4.935124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.090049, "energy": 70.434265, "activity_lines": [ 208.959331, 207.195999, 205.906189, 204.558623 ] }, { "date": "2026-07-24", "close": 214.479996, "volume": 18459, "typical_volume": 13273.0, "trend": 202.621667, "fair_value": 174.501025, "relative_strength": -3.349801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.303825, "energy": 83.333087, "activity_lines": [ 211.164664, 208.693998, 206.860189, 205.380816 ] }, { "date": "2026-07-31", "close": 215.270004, "volume": 21350, "typical_volume": 13164.2, "trend": 203.547667, "fair_value": 174.916026, "relative_strength": -3.517902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.860669, "energy": 86.679691, "activity_lines": [ 213.058, 210.166908, 207.830999, 206.196838 ] }, { "date": "2026-08-07", "close": 220.600006, "volume": 29723, "typical_volume": 13552.7, "trend": 204.559667, "fair_value": 175.381731, "relative_strength": -3.842488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.288007, "energy": 95.522111, "activity_lines": [ 216.060669, 212.430364, 209.241381, 207.296989 ] } ], "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." } } }