{ "ticker": { "uuid": "c3c1b4c7-5cbd-4db3-b118-dc4706e6a509", "symbol": "JPE3", "name": "WisdomTree Short JPY Long EUR 3x Daily", "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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "rotation_down", "architecture_regime_label": "Rotation Down", "architecture_modifier": "Structural failure", "architecture_gate": "up", "architecture_direction": 7.145, "architecture_energy": 7.404, "architecture_maturity": 12.755, "architecture_confidence": 67.719, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating downward.", "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion." }, "scores": { "balance": 50.86, "rotation_up": 29.92, "upward_expansion": 60.32, "deceleration": 77.94, "rotation_down": 26.41, "downward_expansion": 19.32 }, "activity_lines": [ 95.038665, 95.275818, 95.178619, 94.627333 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 91.379997, "trend_reference": 93.903, "distance_from_trend": -0.026868, "trend_direction": "Improving", "fair_value": 70.501143, "distance_from_fair_value": 0.296149, "fair_value_direction": "Weakening", "relative_strength": -12.320902, "relative_strength_direction": "Weakening", "price_momentum": -0.03322, "excess_performance": -0.204112, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.026868, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.02161, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.296149, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.107318, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.123209, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.1109, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.03322, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.81877, "read": "Supply-led" } ], "volume": { "latest": 251, "relative_activity": 1.829446, "balance": 0.81877, "dry_up": 1.437682, "accumulation_observations": 1, "distribution_observations": 3 }, "risk": { "range_context": 0.019504, "annualized_volatility": 0.206255, "from_high_reference": -0.076223, "from_low_reference": 0.227236 }, "levels": { "trend_reference": 93.903, "fair_value_reference": 70.501143, "structural_low": 88.0, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.027578, "positive_rate": 0.625, "directional_follow_through": 0.375, "median_excess_return": -0.001979, "regime_survival": 0.5, "best_return": 0.085459, "worst_return": -0.027381, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.124762, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.052048, "regime_survival": 0.0, "best_return": 0.20447, "worst_return": 0.014796, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.19657, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.101923, "regime_survival": 0.0, "best_return": 0.465491, "worst_return": 0.017851, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.266621, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.212324, "regime_survival": 0.0, "best_return": 0.675585, "worst_return": 0.081055, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-12-22", "end": "2024-01-19", "tenure": "Developing", "return": 0.080221, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-26", "end": "2024-07-26", "tenure": "Extended", "return": 0.18198, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-09-20", "tenure": "Developing", "return": -0.013743, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-27", "end": "2024-10-25", "tenure": "Developing", "return": 0.107427, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-22", "tenure": "New", "return": -0.0602, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2024-12-27", "tenure": "Developing", "return": 0.051395, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.009648, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": 0.081245, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": 0.027524, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.003014, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-02-13", "tenure": "Extended", "return": 0.412974, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-04-10", "tenure": "Developing", "return": 0.029786, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-07-31", "tenure": "Established", "return": -0.007932, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 48.685001, "volume": 0, "typical_volume": 537.9, "trend": 42.008334, "fair_value": 34.351506, "relative_strength": 12.611397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.881077, "energy": 65.531601, "activity_lines": [ 48.583334, 48.518364, 46.711024, 44.697936 ] }, { "date": "2023-08-25", "close": 50.259998, "volume": 12, "typical_volume": 412.25, "trend": 42.505834, "fair_value": 34.482788, "relative_strength": 14.054713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.150445, "energy": 71.939588, "activity_lines": [ 49.152667, 48.864091, 47.233596, 45.230301 ] }, { "date": "2023-09-01", "close": 51.169998, "volume": 1000, "typical_volume": 459.75, "trend": 43.013334, "fair_value": 34.619808, "relative_strength": 14.105862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.590614, "energy": 77.350117, "activity_lines": [ 49.933333, 49.302273, 47.779262, 45.78928 ] }, { "date": "2023-09-08", "close": 51.169998, "volume": 0, "typical_volume": 458.2, "trend": 43.5625, "fair_value": 34.75391, "relative_strength": 15.630112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.418352, "energy": 83.540015, "activity_lines": [ 50.490999, 49.69909, 48.269905, 46.315516 ] }, { "date": "2023-09-15", "close": 51.169998, "volume": 0, "typical_volume": 325.7, "trend": 44.040333, "fair_value": 34.888013, "relative_strength": 12.935139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.141494, "energy": 91.13026, "activity_lines": [ 50.882998, 50.056726, 48.710166, 46.806322 ] }, { "date": "2023-09-22", "close": 51.34, "volume": 45, "typical_volume": 280.3, "trend": 44.521167, "fair_value": 35.037949, "relative_strength": 14.371233, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.396238, "energy": 91.2523, "activity_lines": [ 51.165999, 50.396181, 49.127452, 47.277269 ] }, { "date": "2023-09-29", "close": 51.34, "volume": 0, "typical_volume": 277.3, "trend": 44.949667, "fair_value": 35.183654, "relative_strength": 15.54808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.02872, "energy": 89.816388, "activity_lines": [ 51.271999, 50.678545, 49.498428, 47.717193 ] }, { "date": "2023-10-06", "close": 51.34, "volume": 0, "typical_volume": 246.8, "trend": 45.405667, "fair_value": 35.329359, "relative_strength": 17.20066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.93824, "energy": 88.814512, "activity_lines": [ 51.306, 50.916181, 49.815619, 48.129473 ] }, { "date": "2023-10-13", "close": 51.18, "volume": 25, "typical_volume": 240.05, "trend": 45.9235, "fair_value": 35.474038, "relative_strength": 15.106816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.965917, "energy": 67.422051, "activity_lines": [ 51.275333, 51.060818, 50.074238, 48.502011 ] }, { "date": "2023-10-20", "close": 51.18, "volume": 0, "typical_volume": 235.35, "trend": 46.4615, "fair_value": 35.619102, "relative_strength": 18.739574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.328369, "energy": 66.236211, "activity_lines": [ 51.244, 51.16009, 50.293571, 48.84114 ] }, { "date": "2023-10-27", "close": 51.18, "volume": 0, "typical_volume": 232.85, "trend": 46.893, "fair_value": 35.770449, "relative_strength": 18.897582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.430125, "energy": 63.587294, "activity_lines": [ 51.212, 51.214, 50.469428, 49.145559 ] }, { "date": "2023-11-03", "close": 54.23, "volume": 58, "typical_volume": 234.0, "trend": 47.470333, "fair_value": 35.941346, "relative_strength": 19.642787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.3749, "energy": 77.708927, "activity_lines": [ 52.207333, 51.777091, 50.8965, 49.618914 ] }, { "date": "2023-11-10", "close": 56.299999, "volume": 150, "typical_volume": 98.25, "trend": 48.0265, "fair_value": 36.117404, "relative_strength": 24.313218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.655887, "energy": 97.546953, "activity_lines": [ 53.7, 52.644363, 51.48269, 50.18857 ] }, { "date": "2023-11-17", "close": 58.720001, "volume": 2132, "typical_volume": 203.85, "trend": 48.630833, "fair_value": 36.308974, "relative_strength": 24.646926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.650912, "energy": 98.381362, "activity_lines": [ 55.668667, 53.858364, 52.264095, 50.878473 ] }, { "date": "2023-11-24", "close": 58.490002, "volume": 31, "typical_volume": 204.15, "trend": 49.149, "fair_value": 36.49907, "relative_strength": 23.758049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.830597, "energy": 97.442932, "activity_lines": [ 57.058001, 54.893273, 52.977381, 51.514548 ] }, { "date": "2023-12-01", "close": 54.84, "volume": 19, "typical_volume": 203.85, "trend": 49.589833, "fair_value": 36.658558, "relative_strength": 13.620308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.297112, "energy": 74.927174, "activity_lines": [ 56.743334, 55.131455, 53.295333, 51.88171 ] }, { "date": "2023-12-08", "close": 50.349998, "volume": 29, "typical_volume": 180.3, "trend": 49.933333, "fair_value": 36.789263, "relative_strength": 2.554879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.44139, "energy": 53.194546, "activity_lines": [ 54.688, 54.489636, 53.154047, 51.930753 ] }, { "date": "2023-12-15", "close": 51.419998, "volume": 5, "typical_volume": 177.8, "trend": 50.239333, "fair_value": 36.92734, "relative_strength": 4.821074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.735901, "energy": 22.539846, "activity_lines": [ 53.247999, 54.060363, 53.107666, 52.026666 ] }, { "date": "2023-12-22", "close": 52.48, "volume": 196, "typical_volume": 185.1, "trend": 50.557666, "fair_value": 37.072692, "relative_strength": 6.735522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.692954, "energy": 34.436837, "activity_lines": [ 52.486666, 53.822363, 53.145119, 52.171226 ] }, { "date": "2023-12-29", "close": 50.919998, "volume": 81, "typical_volume": 189.15, "trend": 50.853333, "fair_value": 37.205897, "relative_strength": 3.376835, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.786066, "energy": 29.974583, "activity_lines": [ 51.621332, 53.27709, 53.015928, 52.194602 ] }, { "date": "2024-01-05", "close": 53.41, "volume": 108, "typical_volume": 194.55, "trend": 51.2025, "fair_value": 37.353493, "relative_strength": 7.647409, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.341455, "energy": 23.878089, "activity_lines": [ 52.090666, 53.189272, 53.113238, 52.359548 ] }, { "date": "2024-01-12", "close": 55.110001, "volume": 10, "typical_volume": 194.45, "trend": 51.498, "fair_value": 37.519808, "relative_strength": 10.270978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.187265, "energy": 19.772485, "activity_lines": [ 53.222, 53.37, 53.349952, 52.611645 ] }, { "date": "2024-01-19", "close": 56.689999, "volume": 29, "typical_volume": 145.9, "trend": 51.757833, "fair_value": 37.692949, "relative_strength": 13.447485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.42772, "energy": 41.184279, "activity_lines": [ 54.562666, 53.821999, 53.714047, 52.946613 ] }, { "date": "2024-01-26", "close": 56.27, "volume": 218, "typical_volume": 156.8, "trend": 51.999666, "fair_value": 37.86282, "relative_strength": 11.584268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.304457, "energy": 49.841086, "activity_lines": [ 55.412, 54.190545, 54.011857, 53.23772 ] }, { "date": "2024-02-02", "close": 55.799999, "volume": 155, "typical_volume": 164.55, "trend": 52.244, "fair_value": 38.028525, "relative_strength": 8.822425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.554753, "energy": 66.284457, "activity_lines": [ 55.852, 54.518181, 54.240619, 53.482903 ] }, { "date": "2024-02-09", "close": 55.799999, "volume": 0, "typical_volume": 162.3, "trend": 52.497333, "fair_value": 38.19266, "relative_strength": 6.655328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.217526, "energy": 68.416269, "activity_lines": [ 55.966666, 54.894727, 54.447333, 53.712322 ] }, { "date": "2024-02-16", "close": 55.799999, "volume": 0, "typical_volume": 162.3, "trend": 52.728, "fair_value": 38.353109, "relative_strength": 4.204812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.073028, "energy": 59.670599, "activity_lines": [ 55.921999, 55.253818, 54.632809, 53.925397 ] }, { "date": "2024-02-23", "close": 59.029999, "volume": 2550, "typical_volume": 289.8, "trend": 53.1015, "fair_value": 38.530288, "relative_strength": 6.439864, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.8037, "energy": 72.665052, "activity_lines": [ 56.907999, 56.10109, 55.104666, 54.331978 ] }, { "date": "2024-03-01", "close": 58.959999, "volume": 350, "typical_volume": 306.05, "trend": 53.444, "fair_value": 38.70782, "relative_strength": 5.076395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.544722, "energy": 81.078727, "activity_lines": [ 57.714666, 56.797272, 55.533237, 54.709946 ] }, { "date": "2024-03-08", "close": 59.310001, "volume": 31, "typical_volume": 307.6, "trend": 53.798166, "fair_value": 38.881763, "relative_strength": 3.750207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.205619, "energy": 90.464116, "activity_lines": [ 58.458666, 57.439272, 55.958095, 55.088397 ] }, { "date": "2024-03-15", "close": 59.310001, "volume": 0, "typical_volume": 307.6, "trend": 54.152333, "fair_value": 39.058205, "relative_strength": 1.712399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.994354, "energy": 89.719955, "activity_lines": [ 58.968667, 57.928727, 56.344238, 55.444 ] }, { "date": "2024-03-22", "close": 60.459999, "volume": 20, "typical_volume": 305.7, "trend": 54.492333, "fair_value": 39.246634, "relative_strength": 2.000086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.763186, "energy": 93.043716, "activity_lines": [ 59.628, 58.52, 56.80119, 55.850946 ] }, { "date": "2024-03-29", "close": 60.459999, "volume": 0, "typical_volume": 298.2, "trend": 54.802, "fair_value": 39.428718, "relative_strength": 0.439394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.449592, "energy": 91.935458, "activity_lines": [ 59.976666, 59.014, 57.228476, 56.235957 ] }, { "date": "2024-04-05", "close": 61.93, "volume": 200, "typical_volume": 201.6, "trend": 55.160666, "fair_value": 39.620224, "relative_strength": 4.577488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.966266, "energy": 96.684195, "activity_lines": [ 60.72, 59.706727, 57.775952, 56.695828 ] }, { "date": "2024-04-12", "close": 61.360001, "volume": 467, "typical_volume": 223.4, "trend": 55.500333, "fair_value": 39.8075, "relative_strength": 3.918449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.95087, "energy": 91.550625, "activity_lines": [ 61.075333, 60.192909, 58.253857, 57.095785 ] }, { "date": "2024-04-19", "close": 61.360001, "volume": 0, "typical_volume": 222.45, "trend": 55.834333, "fair_value": 39.997147, "relative_strength": 3.042432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.871882, "energy": 89.918666, "activity_lines": [ 61.294, 60.578, 58.718095, 57.473828 ] }, { "date": "2024-04-26", "close": 66.190002, "volume": 678, "typical_volume": 254.9, "trend": 56.329333, "fair_value": 40.207981, "relative_strength": 9.67269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.363521, "energy": 99.270733, "activity_lines": [ 62.986001, 61.740182, 59.611286, 58.141935 ] }, { "date": "2024-05-03", "close": 62.119999, "volume": 482, "typical_volume": 278.75, "trend": 56.688666, "fair_value": 40.395064, "relative_strength": 4.458486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.143782, "energy": 67.878756, "activity_lines": [ 62.939334, 61.973455, 60.041429, 58.515527 ] }, { "date": "2024-05-10", "close": 66.199997, "volume": 270, "typical_volume": 282.45, "trend": 57.189333, "fair_value": 40.604904, "relative_strength": 7.496117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.105674, "energy": 75.82943, "activity_lines": [ 64.141999, 62.892363, 60.80919, 59.129161 ] }, { "date": "2024-05-17", "close": 66.779999, "volume": 63, "typical_volume": 281.55, "trend": 57.709333, "fair_value": 40.815416, "relative_strength": 5.762504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.529271, "energy": 74.598789, "activity_lines": [ 65.253332, 63.78509, 61.566857, 59.747914 ] }, { "date": "2024-05-24", "close": 69.139999, "volume": 332, "typical_volume": 292.75, "trend": 58.308, "fair_value": 41.040128, "relative_strength": 11.903243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.706973, "energy": 76.855362, "activity_lines": [ 66.789999, 64.97109, 62.473762, 60.485376 ] }, { "date": "2024-05-31", "close": 69.870003, "volume": 25, "typical_volume": 293.5, "trend": 58.829333, "fair_value": 41.269519, "relative_strength": 12.511142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.928914, "energy": 95.050661, "activity_lines": [ 68.051333, 66.111091, 63.375286, 61.231312 ] }, { "date": "2024-06-07", "close": 69.18, "volume": 445, "typical_volume": 314.3, "trend": 59.258666, "fair_value": 41.494487, "relative_strength": 10.370524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.457229, "energy": 90.103335, "activity_lines": [ 68.837334, 66.954545, 64.140809, 61.899097 ] }, { "date": "2024-06-14", "close": 67.540001, "volume": 29, "typical_volume": 304.85, "trend": 59.552666, "fair_value": 41.708942, "relative_strength": 13.841319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.28116, "energy": 78.090705, "activity_lines": [ 68.606001, 67.341273, 64.690667, 62.433376 ] }, { "date": "2024-06-21", "close": 69.760002, "volume": 124, "typical_volume": 303.3, "trend": 59.928333, "fair_value": 41.937628, "relative_strength": 14.947916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.987745, "energy": 70.438129, "activity_lines": [ 69.025335, 68.029637, 65.398286, 63.091914 ] }, { "date": "2024-06-28", "close": 72.809998, "volume": 237, "typical_volume": 315.15, "trend": 60.527333, "fair_value": 42.193429, "relative_strength": 19.952206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.619902, "energy": 74.073562, "activity_lines": [ 70.262667, 69.119818, 66.329905, 63.922989 ] }, { "date": "2024-07-05", "close": 75.330002, "volume": 1355, "typical_volume": 382.9, "trend": 61.36, "fair_value": 42.470897, "relative_strength": 20.462012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.597588, "energy": 75.974678, "activity_lines": [ 72.095334, 70.46, 67.420524, 64.878 ] }, { "date": "2024-07-12", "close": 72.879997, "volume": 200, "typical_volume": 265.4, "trend": 62.075333, "fair_value": 42.73266, "relative_strength": 14.037982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.248856, "energy": 67.970068, "activity_lines": [ 72.747333, 71.188545, 68.184809, 65.621226 ] }, { "date": "2024-07-19", "close": 71.879997, "volume": 170, "typical_volume": 256.4, "trend": 62.722, "fair_value": 42.988013, "relative_strength": 13.193916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.679436, "energy": 65.418694, "activity_lines": [ 72.819332, 71.539636, 68.787904, 66.253785 ] }, { "date": "2024-07-26", "close": 66.510002, "volume": 227, "typical_volume": 266.2, "trend": 63.241666, "fair_value": 43.212692, "relative_strength": 5.610405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.927166, "energy": 49.198907, "activity_lines": [ 70.811999, 70.811091, 68.818048, 66.498172 ] }, { "date": "2024-08-02", "close": 58.209999, "volume": 582, "typical_volume": 295.3, "trend": 63.401666, "fair_value": 43.386538, "relative_strength": -2.508752, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -3.125365, "energy": 19.426583, "activity_lines": [ 66.254666, 68.578363, 68.023428, 66.173548 ] }, { "date": "2024-08-09", "close": 59.09, "volume": 423, "typical_volume": 315.45, "trend": 63.534333, "fair_value": 43.567147, "relative_strength": -0.437987, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.929861, "energy": 46.543715, "activity_lines": [ 62.964, 66.704363, 67.317857, 65.895376 ] }, { "date": "2024-08-16", "close": 61.16, "volume": 366, "typical_volume": 333.75, "trend": 63.683333, "fair_value": 43.766827, "relative_strength": -0.976128, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.586761, "energy": 45.767826, "activity_lines": [ 61.446, 65.402727, 66.815952, 65.742193 ] }, { "date": "2024-08-23", "close": 60.040001, "volume": 210, "typical_volume": 334.25, "trend": 63.809, "fair_value": 43.954679, "relative_strength": -4.551276, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.895437, "energy": 58.846354, "activity_lines": [ 60.336, 64.043273, 66.204048, 65.50714 ] }, { "date": "2024-08-30", "close": 59.529999, "volume": 9, "typical_volume": 311.35, "trend": 63.933333, "fair_value": 44.137115, "relative_strength": -7.301018, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.926618, "energy": 66.280213, "activity_lines": [ 59.845333, 62.727454, 65.552571, 65.231075 ] }, { "date": "2024-09-06", "close": 55.799999, "volume": 79, "typical_volume": 315.3, "trend": 63.933333, "fair_value": 44.296314, "relative_strength": -10.15921, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.314999, "energy": 69.188138, "activity_lines": [ 58.576666, 60.919454, 64.554571, 64.706344 ] }, { "date": "2024-09-13", "close": 53.740002, "volume": 3174, "typical_volume": 440.1, "trend": 63.864667, "fair_value": 44.445897, "relative_strength": -14.039298, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.447126, "energy": 75.102056, "activity_lines": [ 56.782, 59.046182, 63.386857, 64.04871 ] }, { "date": "2024-09-20", "close": 57.41, "volume": 2468, "typical_volume": 539.4, "trend": 63.810667, "fair_value": 44.619006, "relative_strength": -8.605796, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -66.049535, "energy": 67.697808, "activity_lines": [ 56.567334, 58.232727, 62.627952, 63.63228 ] }, { "date": "2024-09-27", "close": 57.900002, "volume": 114, "typical_volume": 531.6, "trend": 63.775333, "fair_value": 44.794679, "relative_strength": -10.247467, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.278744, "energy": 63.400941, "activity_lines": [ 56.766001, 57.789637, 61.938143, 63.250946 ] }, { "date": "2024-10-04", "close": 61.66, "volume": 78, "typical_volume": 532.35, "trend": 63.853667, "fair_value": 44.994455, "relative_strength": -1.184563, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.926341, "energy": 42.482902, "activity_lines": [ 58.360667, 58.284364, 61.645953, 63.114473 ] }, { "date": "2024-10-11", "close": 62.259998, "volume": 950, "typical_volume": 563.25, "trend": 63.952, "fair_value": 45.184263, "relative_strength": -2.301768, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.164801, "energy": 24.537887, "activity_lines": [ 60.013333, 58.976364, 61.435286, 63.011656 ] }, { "date": "2024-10-18", "close": 61.389999, "volume": 850, "typical_volume": 604.5, "trend": 63.983, "fair_value": 45.367916, "relative_strength": -5.995218, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.486377, "energy": 29.147401, "activity_lines": [ 60.945333, 59.436545, 61.174524, 62.846365 ] }, { "date": "2024-10-25", "close": 64.120003, "volume": 106, "typical_volume": 587.55, "trend": 64.105, "fair_value": 45.572436, "relative_strength": -0.573646, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.935652, "energy": 28.144367, "activity_lines": [ 62.277334, 60.351273, 61.214143, 62.855204 ] }, { "date": "2024-11-01", "close": 64.120003, "volume": 0, "typical_volume": 586.1, "trend": 64.178, "fair_value": 45.781218, "relative_strength": -0.243388, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.974965, "energy": 28.254434, "activity_lines": [ 63.162001, 61.212183, 61.277858, 62.856172 ] }, { "date": "2024-11-08", "close": 63.220001, "volume": 1287, "typical_volume": 644.25, "trend": 64.24, "fair_value": 45.984231, "relative_strength": 0.965505, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.573105, "energy": 28.334762, "activity_lines": [ 63.332001, 61.835274, 61.272143, 62.794366 ] }, { "date": "2024-11-15", "close": 63.220001, "volume": 0, "typical_volume": 632.4, "trend": 64.302, "fair_value": 46.197981, "relative_strength": 0.005318, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.07355, "energy": 37.940949, "activity_lines": [ 63.398002, 62.391274, 61.297572, 62.72856 ] }, { "date": "2024-11-22", "close": 60.259998, "volume": 78, "typical_volume": 568.55, "trend": 64.104333, "fair_value": 46.389519, "relative_strength": -2.502541, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.849694, "energy": 19.622695, "activity_lines": [ 62.413334, 62.274182, 61.086762, 62.467785 ] }, { "date": "2024-11-29", "close": 61.290001, "volume": 50, "typical_volume": 561.05, "trend": 64.076667, "fair_value": 46.58766, "relative_strength": -0.600513, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.245623, "energy": 19.01714, "activity_lines": [ 61.847334, 62.225819, 61.04581, 62.286215 ] }, { "date": "2024-12-06", "close": 57.110001, "volume": 560, "typical_volume": 580.55, "trend": 63.773667, "fair_value": 46.765352, "relative_strength": -10.926139, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.158609, "energy": 46.463653, "activity_lines": [ 60.076667, 61.34691, 60.661953, 61.836753 ] }, { "date": "2024-12-13", "close": 59.029999, "volume": 200, "typical_volume": 579.2, "trend": 63.515334, "fair_value": 46.955352, "relative_strength": -8.29743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.141113, "energy": 47.136795, "activity_lines": [ 59.413333, 60.831455, 60.531286, 61.53071 ] }, { "date": "2024-12-20", "close": 62.52, "volume": 120, "typical_volume": 556.1, "trend": 63.294667, "fair_value": 47.167724, "relative_strength": 0.226391, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.677919, "energy": 31.042886, "activity_lines": [ 60.192667, 60.998364, 60.768619, 61.466495 ] }, { "date": "2024-12-27", "close": 64.440002, "volume": 40, "typical_volume": 536.95, "trend": 63.113667, "fair_value": 47.383397, "relative_strength": 1.888499, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 3.796084, "energy": 8.862981, "activity_lines": [ 61.658667, 61.509637, 61.168286, 61.540387 ] }, { "date": "2025-01-03", "close": 61.150002, "volume": 239, "typical_volume": 530.6, "trend": 62.846, "fair_value": 47.574102, "relative_strength": -3.257376, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.258788, "energy": 13.694781, "activity_lines": [ 61.749334, 61.367273, 61.229144, 61.413699 ] }, { "date": "2025-01-10", "close": 61.150002, "volume": 0, "typical_volume": 520.1, "trend": 62.633, "fair_value": 47.764808, "relative_strength": -5.845129, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.41734, "energy": 21.953198, "activity_lines": [ 61.849335, 61.27891, 61.290048, 61.30428 ] }, { "date": "2025-01-17", "close": 60.619999, "volume": 350, "typical_volume": 537.15, "trend": 62.328334, "fair_value": 47.959583, "relative_strength": -9.504353, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.972498, "energy": 15.376032, "activity_lines": [ 61.503334, 61.148182, 61.295191, 61.174409 ] }, { "date": "2025-01-24", "close": 64.110001, "volume": 153, "typical_volume": 540.85, "trend": 62.038334, "fair_value": 48.180865, "relative_strength": -4.035973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.515521, "energy": 25.828734, "activity_lines": [ 62.214668, 61.699273, 61.627525, 61.289355 ] }, { "date": "2025-01-31", "close": 61.740002, "volume": 352, "typical_volume": 399.75, "trend": 61.585334, "fair_value": 48.373782, "relative_strength": -8.151814, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.463442, "energy": 13.804405, "activity_lines": [ 62.030001, 61.803274, 61.694572, 61.270108 ] }, { "date": "2025-02-07", "close": 55.880001, "volume": 329, "typical_volume": 292.8, "trend": 61.018667, "fair_value": 48.528718, "relative_strength": -17.937318, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -46.624836, "energy": 34.093958, "activity_lines": [ 60.072001, 60.81491, 61.165429, 60.902022 ] }, { "date": "2025-02-14", "close": 59.59, "volume": 833, "typical_volume": 328.75, "trend": 60.609001, "fair_value": 48.707436, "relative_strength": -14.443926, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.124732, "energy": 26.972248, "activity_lines": [ 59.702001, 60.599455, 60.996906, 60.80985 ] }, { "date": "2025-02-21", "close": 55.75, "volume": 225, "typical_volume": 336.1, "trend": 60.250334, "fair_value": 48.869487, "relative_strength": -20.58521, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.272875, "energy": 54.506547, "activity_lines": [ 58.156001, 59.640728, 60.45462, 60.496366 ] }, { "date": "2025-02-28", "close": 56.259998, "volume": 37, "typical_volume": 290.45, "trend": 60.185334, "fair_value": 49.057724, "relative_strength": -20.062178, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.142132, "energy": 62.486057, "activity_lines": [ 57.104666, 58.834364, 59.989048, 60.238925 ] }, { "date": "2025-03-07", "close": 59.73, "volume": 337, "typical_volume": 264.8, "trend": 60.206667, "fair_value": 49.258205, "relative_strength": -14.790373, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.474539, "energy": 50.35312, "activity_lines": [ 57.733333, 58.772727, 59.882524, 60.209549 ] }, { "date": "2025-03-14", "close": 60.419998, "volume": 12436, "typical_volume": 881.3, "trend": 60.182, "fair_value": 49.445833, "relative_strength": -13.775909, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.856038, "energy": 28.46755, "activity_lines": [ 58.725999, 58.922181, 59.849619, 60.223312 ] }, { "date": "2025-03-21", "close": 61.400002, "volume": 450, "typical_volume": 903.8, "trend": 60.227334, "fair_value": 49.639744, "relative_strength": -13.059636, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.715916, "energy": 6.295731, "activity_lines": [ 59.742667, 59.263091, 59.927667, 60.301893 ] }, { "date": "2025-03-28", "close": 62.919998, "volume": 2, "typical_volume": 839.55, "trend": 60.340334, "fair_value": 49.823077, "relative_strength": -10.113826, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.8997, "energy": 26.32127, "activity_lines": [ 61.145333, 59.875818, 60.163429, 60.475613 ] }, { "date": "2025-04-04", "close": 61.669998, "volume": 502, "typical_volume": 864.65, "trend": 60.536, "fair_value": 50.004679, "relative_strength": -1.457058, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.228162, "energy": 25.891079, "activity_lines": [ 61.653332, 60.219454, 60.281571, 60.561398 ] }, { "date": "2025-04-11", "close": 63.09, "volume": 3, "typical_volume": 860.9, "trend": 60.847667, "fair_value": 50.19109, "relative_strength": 2.611619, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.195942, "energy": 34.804998, "activity_lines": [ 62.273999, 60.865636, 60.542333, 60.726172 ] }, { "date": "2025-04-18", "close": 63.040001, "volume": 1, "typical_volume": 858.45, "trend": 61.035334, "fair_value": 50.363654, "relative_strength": -2.973586, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.753853, "energy": 43.805613, "activity_lines": [ 62.654, 61.478181, 60.784857, 60.867613 ] }, { "date": "2025-04-25", "close": 61.990002, "volume": 2550, "typical_volume": 957.95, "trend": 61.171667, "fair_value": 50.536987, "relative_strength": -7.816628, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.324567, "energy": 31.565858, "activity_lines": [ 62.509334, 61.769636, 60.919048, 60.929205 ] }, { "date": "2025-05-02", "close": 61.990002, "volume": 0, "typical_volume": 947.95, "trend": 61.182667, "fair_value": 50.712083, "relative_strength": -9.952574, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.570427, "energy": 26.162906, "activity_lines": [ 62.325335, 62.017455, 61.03, 60.982 ] }, { "date": "2025-05-09", "close": 64.150002, "volume": 300, "typical_volume": 956.95, "trend": 61.245667, "fair_value": 50.914615, "relative_strength": -9.007744, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.804887, "energy": 41.119465, "activity_lines": [ 62.923335, 62.544546, 61.332572, 61.173441 ] }, { "date": "2025-05-16", "close": 63.23, "volume": 101, "typical_volume": 960.0, "trend": 61.307001, "fair_value": 51.110256, "relative_strength": -12.839564, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.776176, "energy": 35.63498, "activity_lines": [ 63.049335, 62.76091, 61.539762, 61.301463 ] }, { "date": "2025-05-23", "close": 62.279999, "volume": 180, "typical_volume": 957.05, "trend": 61.245667, "fair_value": 51.29391, "relative_strength": -11.171985, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.606526, "energy": 42.749533, "activity_lines": [ 62.849334, 62.74091, 61.662238, 61.364237 ] }, { "date": "2025-05-30", "close": 64.709999, "volume": 298, "typical_volume": 971.95, "trend": 61.265334, "fair_value": 51.479006, "relative_strength": -8.708491, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.536082, "energy": 60.238986, "activity_lines": [ 63.51, 63.128909, 62.010762, 61.587742 ] }, { "date": "2025-06-06", "close": 65.459999, "volume": 264, "typical_volume": 967.65, "trend": 61.34, "fair_value": 51.660577, "relative_strength": -8.439671, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.203231, "energy": 68.404368, "activity_lines": [ 64.239333, 63.593091, 62.413762, 61.858366 ] }, { "date": "2025-06-13", "close": 67.720001, "volume": 1175, "typical_volume": 1018.75, "trend": 61.49, "fair_value": 51.856282, "relative_strength": -2.110563, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.040256, "energy": 85.672039, "activity_lines": [ 65.490666, 64.422, 63.008952, 62.269979 ] }, { "date": "2025-06-20", "close": 69.889999, "volume": 1330, "typical_volume": 1067.65, "trend": 61.811, "fair_value": 52.060962, "relative_strength": 1.911328, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.103307, "energy": 97.04606, "activity_lines": [ 67.227333, 65.535454, 63.793619, 62.811914 ] }, { "date": "2025-06-27", "close": 71.910004, "volume": 201, "typical_volume": 1061.25, "trend": 62.165, "fair_value": 52.27609, "relative_strength": 3.950802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.606554, "energy": 97.832898, "activity_lines": [ 69.193334, 66.892546, 64.731858, 63.463463 ] }, { "date": "2025-07-04", "close": 72.93, "volume": 50, "typical_volume": 1022.1, "trend": 62.692334, "fair_value": 52.520833, "relative_strength": 6.185348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.225808, "energy": 97.539397, "activity_lines": [ 70.857334, 68.273819, 65.690905, 64.157979 ] }, { "date": "2025-07-11", "close": 75.489998, "volume": 1118, "typical_volume": 1066.75, "trend": 63.241, "fair_value": 52.779295, "relative_strength": 8.932746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 96.162649, "energy": 98.624241, "activity_lines": [ 72.826667, 69.921636, 66.830238, 64.983635 ] }, { "date": "2025-07-18", "close": 75.379997, "volume": 736, "typical_volume": 1101.7, "trend": 63.669667, "fair_value": 53.038397, "relative_strength": 8.420984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.585757, "energy": 95.26264, "activity_lines": [ 74.090666, 71.303999, 67.865095, 65.766796 ] }, { "date": "2025-07-25", "close": 76.940002, "volume": 100, "typical_volume": 1089.85, "trend": 64.086334, "fair_value": 53.321923, "relative_strength": 9.634976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.843122, "energy": 96.405376, "activity_lines": [ 75.364, 72.765818, 68.957476, 66.622946 ] }, { "date": "2025-08-01", "close": 73.730003, "volume": 289, "typical_volume": 482.5, "trend": 64.505667, "fair_value": 53.579103, "relative_strength": 7.087079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.537612, "energy": 70.37214, "activity_lines": [ 75.097334, 73.394728, 69.662191, 67.245119 ] }, { "date": "2025-08-08", "close": 74.459999, "volume": 105, "typical_volume": 465.25, "trend": 64.949333, "fair_value": 53.843365, "relative_strength": 3.861297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.008245, "energy": 67.799702, "activity_lines": [ 74.952667, 73.948182, 70.373048, 67.887334 ] }, { "date": "2025-08-15", "close": 75.839996, "volume": 132, "typical_volume": 471.75, "trend": 65.456667, "fair_value": 54.116891, "relative_strength": 3.315913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.943028, "energy": 70.36322, "activity_lines": [ 75.165999, 74.575272, 71.153143, 68.589957 ] }, { "date": "2025-08-22", "close": 75.839996, "volume": 0, "typical_volume": 446.65, "trend": 65.847667, "fair_value": 54.389006, "relative_strength": 1.788736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.38349, "energy": 68.245414, "activity_lines": [ 75.355998, 75.013635, 71.871714, 69.259849 ] }, { "date": "2025-08-29", "close": 75.839996, "volume": 0, "typical_volume": 446.5, "trend": 66.317666, "fair_value": 54.646442, "relative_strength": 4.399644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.053394, "energy": 68.567954, "activity_lines": [ 75.51533, 75.304362, 72.522809, 69.904516 ] }, { "date": "2025-09-05", "close": 76.449997, "volume": 202, "typical_volume": 456.55, "trend": 67.003333, "fair_value": 54.895865, "relative_strength": 6.534687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.11763, "energy": 69.889483, "activity_lines": [ 75.95133, 75.597816, 73.171285, 70.558214 ] }, { "date": "2025-09-12", "close": 76.449997, "volume": 0, "typical_volume": 329.05, "trend": 67.565333, "fair_value": 55.139615, "relative_strength": 3.910937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.045543, "energy": 83.403814, "activity_lines": [ 76.205997, 75.808725, 73.755903, 71.167676 ] }, { "date": "2025-09-19", "close": 78.610001, "volume": 233, "typical_volume": 340.7, "trend": 68.327333, "fair_value": 55.420545, "relative_strength": 7.300272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.603636, "energy": 88.580176, "activity_lines": [ 77.047998, 76.348362, 74.47738, 71.880236 ] }, { "date": "2025-09-26", "close": 79.32, "volume": 166, "typical_volume": 334.0, "trend": 69.096, "fair_value": 55.704455, "relative_strength": 7.192057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.56596, "energy": 91.439998, "activity_lines": [ 77.941999, 76.960362, 75.187332, 72.58944 ] }, { "date": "2025-10-03", "close": 76.279999, "volume": 306, "typical_volume": 344.25, "trend": 69.647666, "fair_value": 55.959391, "relative_strength": 1.706683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.859554, "energy": 67.274185, "activity_lines": [ 77.590666, 76.947998, 75.535523, 73.052924 ] }, { "date": "2025-10-10", "close": 82.190002, "volume": 1763, "typical_volume": 423.4, "trend": 70.373333, "fair_value": 56.239808, "relative_strength": 12.56551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.942582, "energy": 75.695916, "activity_lines": [ 79.18, 78.022181, 76.384428, 73.862107 ] }, { "date": "2025-10-17", "close": 79.849998, "volume": 2089, "typical_volume": 512.95, "trend": 70.988333, "fair_value": 56.499679, "relative_strength": 9.915226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.941647, "energy": 66.898574, "activity_lines": [ 79.606666, 78.51709, 76.915666, 74.473505 ] }, { "date": "2025-10-24", "close": 83.093338, "volume": 115, "typical_volume": 505.5, "trend": 71.660777, "fair_value": 56.776047, "relative_strength": 12.278278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.210838, "energy": 73.003808, "activity_lines": [ 80.887779, 79.503697, 77.683698, 75.254473 ] }, { "date": "2025-10-31", "close": 83.980003, "volume": 425, "typical_volume": 468.0, "trend": 72.404444, "fair_value": 57.056912, "relative_strength": 11.549889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.959971, "energy": 74.743568, "activity_lines": [ 82.165558, 80.519637, 78.452206, 76.049261 ] }, { "date": "2025-11-07", "close": 81.809998, "volume": 202, "typical_volume": 411.6, "trend": 73.028444, "fair_value": 57.338194, "relative_strength": 9.273957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.270207, "energy": 66.662482, "activity_lines": [ 82.409334, 80.993031, 78.936619, 76.656071 ] }, { "date": "2025-11-14", "close": 86.129997, "volume": 2071, "typical_volume": 505.1, "trend": 73.798111, "fair_value": 57.642618, "relative_strength": 12.093521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.368076, "energy": 81.387108, "activity_lines": [ 83.724444, 82.143333, 79.775698, 77.501333 ] }, { "date": "2025-11-21", "close": 86.989998, "volume": 603, "typical_volume": 532.75, "trend": 74.631444, "fair_value": 57.957553, "relative_strength": 16.442481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.835736, "energy": 74.950432, "activity_lines": [ 85.063554, 83.274, 80.628968, 78.352422 ] }, { "date": "2025-11-28", "close": 88.620003, "volume": 76, "typical_volume": 480.65, "trend": 75.519111, "fair_value": 58.293451, "relative_strength": 16.454594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.692313, "energy": 72.86244, "activity_lines": [ 86.47, 84.509394, 81.570523, 79.25491 ] }, { "date": "2025-12-05", "close": 87.360001, "volume": 497, "typical_volume": 468.7, "trend": 76.292777, "fair_value": 58.612233, "relative_strength": 14.137848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.865403, "energy": 67.753878, "activity_lines": [ 87.088, 85.333697, 82.329555, 80.018838 ] }, { "date": "2025-12-12", "close": 90.959999, "volume": 787, "typical_volume": 503.05, "trend": 77.217111, "fair_value": 58.940278, "relative_strength": 18.106593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.207372, "energy": 72.137066, "activity_lines": [ 88.680667, 86.666364, 83.374397, 80.965111 ] }, { "date": "2025-12-19", "close": 93.519997, "volume": 519, "typical_volume": 514.55, "trend": 78.258444, "fair_value": 59.313707, "relative_strength": 17.751214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.936368, "energy": 74.087651, "activity_lines": [ 90.516666, 88.197575, 84.596285, 82.01691 ] }, { "date": "2025-12-26", "close": 92.989998, "volume": 238, "typical_volume": 521.2, "trend": 79.201111, "fair_value": 59.678291, "relative_strength": 17.228316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.296142, "energy": 70.653775, "activity_lines": [ 91.683332, 89.426423, 85.67346, 82.967333 ] }, { "date": "2026-01-02", "close": 92.860001, "volume": 469, "typical_volume": 538.05, "trend": 80.114444, "fair_value": 60.049508, "relative_strength": 14.769386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.681184, "energy": 79.297604, "activity_lines": [ 92.406666, 90.392727, 86.650016, 83.848551 ] }, { "date": "2026-01-09", "close": 92.790001, "volume": 364, "typical_volume": 556.25, "trend": 80.950111, "fair_value": 60.433483, "relative_strength": 13.466376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.170514, "energy": 86.760642, "activity_lines": [ 92.824, 91.168727, 87.538857, 84.666329 ] }, { "date": "2026-01-16", "close": 91.93, "volume": 1271, "typical_volume": 619.8, "trend": 81.684777, "fair_value": 60.798611, "relative_strength": 11.812305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.036364, "energy": 74.367405, "activity_lines": [ 92.592667, 91.628182, 88.265079, 85.374709 ] }, { "date": "2026-01-23", "close": 95.519997, "volume": 1805, "typical_volume": 699.95, "trend": 82.471777, "fair_value": 61.184412, "relative_strength": 18.231679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.38466, "energy": 75.229086, "activity_lines": [ 93.493333, 92.556363, 89.256587, 86.267304 ] }, { "date": "2026-01-30", "close": 91.93, "volume": 3211, "typical_volume": 860.5, "trend": 83.10511, "fair_value": 61.543291, "relative_strength": 11.662061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.232854, "energy": 58.419678, "activity_lines": [ 93.063999, 92.66109, 89.815381, 86.877512 ] }, { "date": "2026-02-06", "close": 94.519997, "volume": 46, "typical_volume": 851.15, "trend": 83.739444, "fair_value": 61.926784, "relative_strength": 13.266835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.291851, "energy": 59.360248, "activity_lines": [ 93.568665, 93.146908, 90.547126, 87.613956 ] }, { "date": "2026-02-13", "close": 88.0, "volume": 279, "typical_volume": 856.8, "trend": 84.16011, "fair_value": 62.254765, "relative_strength": 6.076296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.242086, "energy": 39.208284, "activity_lines": [ 91.789332, 92.339999, 90.582158, 87.888831 ] }, { "date": "2026-02-20", "close": 90.309998, "volume": 237, "typical_volume": 853.35, "trend": 84.605777, "fair_value": 62.597041, "relative_strength": 5.871118, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.835071, "energy": 25.731601, "activity_lines": [ 91.099332, 91.941453, 90.795856, 88.285598 ] }, { "date": "2026-02-27", "close": 93.690002, "volume": 285, "typical_volume": 779.45, "trend": 85.27111, "fair_value": 62.950919, "relative_strength": 7.522861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.408857, "energy": 30.931703, "activity_lines": [ 91.644, 92.169272, 91.26465, 88.871677 ] }, { "date": "2026-03-06", "close": 90.760002, "volume": 215, "typical_volume": 685.75, "trend": 85.814444, "fair_value": 63.291303, "relative_strength": 10.788149, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.181567, "energy": 22.136246, "activity_lines": [ 91.334001, 91.861273, 91.399635, 89.225799 ] }, { "date": "2026-03-13", "close": 90.709999, "volume": 84, "typical_volume": 684.2, "trend": 86.310111, "fair_value": 63.644284, "relative_strength": 9.764477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.763851, "energy": 21.264651, "activity_lines": [ 91.085334, 91.584727, 91.477904, 89.541641 ] }, { "date": "2026-03-20", "close": 90.400002, "volume": 216, "typical_volume": 673.75, "trend": 86.795444, "fair_value": 63.999156, "relative_strength": 12.534685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.293025, "energy": 17.642371, "activity_lines": [ 90.987334, 91.290909, 91.490381, 89.805505 ] }, { "date": "2026-03-27", "close": 93.32, "volume": 343, "typical_volume": 680.8, "trend": 87.378111, "fair_value": 64.352265, "relative_strength": 14.112039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.508673, "energy": 24.608242, "activity_lines": [ 91.702667, 91.571455, 91.750381, 90.226444 ] }, { "date": "2026-04-03", "close": 93.0, "volume": 183, "typical_volume": 586.4, "trend": 87.929778, "fair_value": 64.711816, "relative_strength": 7.8382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.647736, "energy": 27.226726, "activity_lines": [ 92.110667, 91.768546, 91.925095, 90.589147 ] }, { "date": "2026-04-10", "close": 93.0, "volume": 0, "typical_volume": 556.25, "trend": 88.481444, "fair_value": 65.054028, "relative_strength": 3.239927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.653899, "energy": 30.970318, "activity_lines": [ 92.564667, 92.011455, 92.067095, 90.916258 ] }, { "date": "2026-04-17", "close": 98.339996, "volume": 202, "typical_volume": 562.55, "trend": 89.139111, "fair_value": 65.42422, "relative_strength": 6.072639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.963256, "energy": 70.494268, "activity_lines": [ 94.649332, 93.205818, 92.689047, 91.552294 ] }, { "date": "2026-04-24", "close": 97.400002, "volume": 99, "typical_volume": 542.65, "trend": 89.741778, "fair_value": 65.77329, "relative_strength": 7.315066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.757013, "energy": 77.619728, "activity_lines": [ 95.912, 94.159818, 93.17519, 92.085254 ] }, { "date": "2026-05-01", "close": 92.82, "volume": 94, "typical_volume": 508.0, "trend": 90.293111, "fair_value": 66.101528, "relative_strength": 0.706476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.030631, "energy": 63.834028, "activity_lines": [ 95.181333, 94.110182, 93.177333, 92.283849 ] }, { "date": "2026-05-08", "close": 93.25, "volume": 137, "typical_volume": 488.9, "trend": 90.661778, "fair_value": 66.442585, "relative_strength": -1.230853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.517517, "energy": 50.300884, "activity_lines": [ 94.627333, 94.093091, 93.211571, 92.474616 ] }, { "date": "2026-05-15", "close": 94.489998, "volume": 555, "typical_volume": 504.75, "trend": 91.149778, "fair_value": 66.777521, "relative_strength": 0.066807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.322821, "energy": 33.937923, "activity_lines": [ 94.469999, 94.309454, 93.36519, 92.721598 ] }, { "date": "2026-05-22", "close": 93.93, "volume": 237, "typical_volume": 493.15, "trend": 91.511, "fair_value": 67.104444, "relative_strength": -1.634163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.32662, "energy": 20.666486, "activity_lines": [ 94.026666, 94.356181, 93.458333, 92.900967 ] }, { "date": "2026-05-29", "close": 96.150002, "volume": 10, "typical_volume": 475.45, "trend": 91.916666, "fair_value": 67.451239, "relative_strength": -0.672192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.705221, "energy": 31.599954, "activity_lines": [ 94.617334, 94.748, 93.757809, 93.200258 ] }, { "date": "2026-06-05", "close": 95.660004, "volume": 0, "typical_volume": 411.9, "trend": 92.378333, "fair_value": 67.78922, "relative_strength": -1.192804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.518228, "energy": 43.305056, "activity_lines": [ 95.128002, 94.946183, 93.994619, 93.441764 ] }, { "date": "2026-06-12", "close": 95.790001, "volume": 5, "typical_volume": 321.9, "trend": 92.700333, "fair_value": 68.106816, "relative_strength": -4.275989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.794108, "energy": 53.027427, "activity_lines": [ 95.492668, 95.125455, 94.226048, 93.661871 ] }, { "date": "2026-06-19", "close": 94.940002, "volume": 39, "typical_volume": 163.3, "trend": 92.965333, "fair_value": 68.401976, "relative_strength": -7.566181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.520073, "energy": 50.829434, "activity_lines": [ 95.404669, 95.099456, 94.375239, 93.806366 ] }, { "date": "2026-06-26", "close": 93.620003, "volume": 0, "typical_volume": 161.0, "trend": 93.132, "fair_value": 68.687906, "relative_strength": -6.050594, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.417832, "energy": 27.592632, "activity_lines": [ 94.846669, 94.798183, 94.384382, 93.848603 ] }, { "date": "2026-07-03", "close": 96.059998, "volume": 0, "typical_volume": 147.05, "trend": 93.422, "fair_value": 68.99297, "relative_strength": -6.417811, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.661712, "energy": 31.577239, "activity_lines": [ 95.122668, 95.026365, 94.630191, 94.037506 ] }, { "date": "2026-07-10", "close": 96.099998, "volume": 51, "typical_volume": 137.75, "trend": 93.593333, "fair_value": 69.300021, "relative_strength": -5.960962, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.786931, "energy": 30.635069, "activity_lines": [ 95.418, 95.286182, 94.841429, 94.21028 ] }, { "date": "2026-07-17", "close": 95.190002, "volume": 400, "typical_volume": 143.5, "trend": 93.649, "fair_value": 69.59688, "relative_strength": -5.504306, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.991808, "energy": 29.080799, "activity_lines": [ 95.380667, 95.32091, 94.938429, 94.313291 ] }, { "date": "2026-07-24", "close": 97.32, "volume": 132, "typical_volume": 139.35, "trend": 93.793334, "fair_value": 69.914156, "relative_strength": -3.230563, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.841637, "energy": 62.426638, "activity_lines": [ 96.093333, 95.707637, 95.231143, 94.550129 ] }, { "date": "2026-07-31", "close": 97.559998, "volume": 6, "typical_volume": 135.45, "trend": 93.95, "fair_value": 70.227457, "relative_strength": -3.704685, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.365292, "energy": 82.729149, "activity_lines": [ 96.727333, 96.086546, 95.515476, 94.79314 ] }, { "date": "2026-08-07", "close": 91.379997, "volume": 251, "typical_volume": 137.2, "trend": 93.903, "fair_value": 70.501143, "relative_strength": -12.320902, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 7.145167, "energy": 7.404254, "activity_lines": [ 95.038665, 95.275818, 95.178619, 94.627333 ] } ], "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." } } }