{ "ticker": { "uuid": "c5f14adc-891f-47ed-986d-db381cf2a08b", "symbol": "SPX", "name": "Amundi Core S&P 500 Swap UCITS ETF EUR Dist", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 89.139, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.257, "architecture_energy": 66.07, "architecture_maturity": 88.135, "architecture_confidence": 62.44, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 15.02, "rotation_up": 53.05, "upward_expansion": 82.6, "deceleration": 71.33, "rotation_down": 29.01, "downward_expansion": 11.6 }, "activity_lines": [ 67.826, 67.564181, 66.595237, 65.082666 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 69.209999, "trend_reference": 63.290999, "distance_from_trend": 0.09352, "trend_direction": "Improving", "fair_value": 53.715141, "distance_from_fair_value": 0.288464, "fair_value_direction": "Improving", "relative_strength": -3.094402, "relative_strength_direction": "Weakening", "price_momentum": 0.156777, "excess_performance": -0.014114, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.09352, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041427, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.288464, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.033982, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030944, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008184, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.156777, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.243893, "read": "Demand-led" } ], "volume": { "latest": 90821, "relative_activity": 1.217927, "balance": 1.243893, "dry_up": 2.972074, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.018639, "annualized_volatility": 0.118387, "from_high_reference": -0.005032, "from_low_reference": 0.246188 }, "levels": { "trend_reference": 63.290999, "fair_value_reference": 53.715141, "structural_low": 56.970001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": 0.012583, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.005077, "regime_survival": 0.8, "best_return": 0.077849, "worst_return": -0.103119, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.028595, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.001938, "regime_survival": 0.533333, "best_return": 0.12488, "worst_return": -0.178529, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.074194, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.004696, "regime_survival": 0.375, "best_return": 0.197488, "worst_return": -0.084945, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.088813, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.073284, "regime_survival": 0.5, "best_return": 0.225771, "worst_return": 0.059678, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-05-03", "tenure": "Established", "return": 0.133714, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-17", "tenure": "New", "return": 0.006431, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.001394, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-09-27", "tenure": "Developing", "return": 0.05791, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2025-02-28", "tenure": "Established", "return": 0.089487, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.115492, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.134053, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.040389, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-08-29", "tenure": "Developing", "return": 0.016437, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-02-20", "tenure": "Established", "return": 0.067017, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-27", "tenure": "Developing", "return": -0.041737, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.023415, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.009982, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.101193, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 39.874313, "volume": 28043, "typical_volume": 53805.25, "trend": 38.440113, "fair_value": 35.832802, "relative_strength": -3.726443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.948328, "energy": 50.022936, "activity_lines": [ 40.438509, 40.404148, 39.846374, 39.188317 ] }, { "date": "2023-08-25", "close": 40.464977, "volume": 21190, "typical_volume": 53256.35, "trend": 38.558567, "fair_value": 35.912955, "relative_strength": -3.336293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.312031, "energy": 38.043651, "activity_lines": [ 40.391708, 40.429853, 39.973105, 39.318953 ] }, { "date": "2023-09-01", "close": 41.636612, "volume": 33390, "typical_volume": 52932.3, "trend": 38.681056, "fair_value": 36.00516, "relative_strength": -1.645839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.883811, "energy": 52.597832, "activity_lines": [ 40.749009, 40.663564, 40.194868, 39.517537 ] }, { "date": "2023-09-08", "close": 41.515575, "volume": 52160, "typical_volume": 53441.4, "trend": 38.809355, "fair_value": 36.098142, "relative_strength": -0.064889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.51888, "energy": 54.816444, "activity_lines": [ 41.045307, 40.839353, 40.383962, 39.700409 ] }, { "date": "2023-09-15", "close": 41.685024, "volume": 47966, "typical_volume": 53816.65, "trend": 38.948789, "fair_value": 36.193375, "relative_strength": -1.495068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.320164, "energy": 66.209508, "activity_lines": [ 41.346768, 41.025177, 40.568537, 39.885936 ] }, { "date": "2023-09-22", "close": 40.653793, "volume": 26197, "typical_volume": 53067.15, "trend": 39.070633, "fair_value": 36.282117, "relative_strength": -2.417529, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.629834, "energy": 53.34796, "activity_lines": [ 41.219599, 40.993664, 40.633528, 39.995936 ] }, { "date": "2023-09-29", "close": 40.634426, "volume": 40296, "typical_volume": 51473.05, "trend": 39.178114, "fair_value": 36.367479, "relative_strength": -0.869652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.035892, "energy": 43.650538, "activity_lines": [ 41.034009, 40.945689, 40.679452, 40.096826 ] }, { "date": "2023-10-06", "close": 40.189014, "volume": 51143, "typical_volume": 49049.9, "trend": 39.305767, "fair_value": 36.445684, "relative_strength": -0.019114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.269425, "energy": 23.912739, "activity_lines": [ 40.688652, 40.817347, 40.668064, 40.162046 ] }, { "date": "2023-10-13", "close": 41.162144, "volume": 72541, "typical_volume": 49181.8, "trend": 39.465535, "fair_value": 36.52687, "relative_strength": 1.242649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.609962, "energy": 22.495257, "activity_lines": [ 40.764178, 40.886623, 40.740778, 40.281812 ] }, { "date": "2023-10-20", "close": 39.835587, "volume": 52684, "typical_volume": 50505.9, "trend": 39.587379, "fair_value": 36.603855, "relative_strength": 1.483651, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.484351, "energy": 14.958623, "activity_lines": [ 40.42108, 40.707137, 40.675856, 40.305686 ] }, { "date": "2023-10-27", "close": 39.002853, "volume": 78874, "typical_volume": 50269.55, "trend": 39.648866, "fair_value": 36.682104, "relative_strength": -0.029306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.516289, "energy": 22.602683, "activity_lines": [ 39.9237, 40.38672, 40.52999, 40.267975 ] }, { "date": "2023-11-03", "close": 40.552124, "volume": 167181, "typical_volume": 56084.55, "trend": 39.767643, "fair_value": 36.761501, "relative_strength": -0.856222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.790297, "energy": 15.763573, "activity_lines": [ 40.052806, 40.363833, 40.534877, 40.326249 ] }, { "date": "2023-11-10", "close": 40.891022, "volume": 47050, "typical_volume": 52685.6, "trend": 39.890778, "fair_value": 36.839158, "relative_strength": 0.715063, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.004264, "energy": 17.124456, "activity_lines": [ 40.300366, 40.40098, 40.570312, 40.398726 ] }, { "date": "2023-11-17", "close": 41.350967, "volume": 49025, "typical_volume": 53352.3, "trend": 40.029889, "fair_value": 36.919404, "relative_strength": -1.421891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.580794, "energy": 19.442746, "activity_lines": [ 40.654439, 40.535309, 40.643695, 40.492931 ] }, { "date": "2023-11-24", "close": 41.622089, "volume": 32339, "typical_volume": 52553.5, "trend": 40.177393, "fair_value": 36.999656, "relative_strength": -0.383356, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.781541, "energy": 37.721031, "activity_lines": [ 41.086299, 40.721926, 40.738242, 40.595654 ] }, { "date": "2023-12-01", "close": 42.091709, "volume": 113539, "typical_volume": 56710.3, "trend": 40.345876, "fair_value": 37.083007, "relative_strength": -0.746527, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.665244, "energy": 66.183941, "activity_lines": [ 41.555598, 40.995073, 40.869999, 40.719158 ] }, { "date": "2023-12-08", "close": 42.624271, "volume": 669423, "typical_volume": 86642.1, "trend": 40.516457, "fair_value": 37.17173, "relative_strength": -0.897675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.639367, "energy": 78.729336, "activity_lines": [ 41.996494, 41.338905, 41.042241, 40.866151 ] }, { "date": "2023-12-15", "close": 43.272812, "volume": 665545, "typical_volume": 117578.6, "trend": 40.679284, "fair_value": 37.263618, "relative_strength": 0.820915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.082755, "energy": 85.234344, "activity_lines": [ 42.515428, 41.764475, 41.266933, 41.043981 ] }, { "date": "2023-12-22", "close": 43.238567, "volume": 58135, "typical_volume": 116269.05, "trend": 40.827575, "fair_value": 37.354506, "relative_strength": 0.893591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.881951, "energy": 86.439621, "activity_lines": [ 42.86416, 42.12775, 41.479098, 41.209096 ] }, { "date": "2023-12-29", "close": 43.057552, "volume": 12873, "typical_volume": 115979.7, "trend": 40.946432, "fair_value": 37.443842, "relative_strength": 0.56195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.834991, "energy": 82.525044, "activity_lines": [ 43.026714, 42.420359, 41.662152, 41.352965 ] }, { "date": "2024-01-05", "close": 42.954811, "volume": 91056, "typical_volume": 119130.35, "trend": 41.055732, "fair_value": 37.528132, "relative_strength": 0.049426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.23951, "energy": 77.681464, "activity_lines": [ 43.059324, 42.635707, 41.822823, 41.482538 ] }, { "date": "2024-01-12", "close": 43.61528, "volume": 42012, "typical_volume": 120171.45, "trend": 41.169941, "fair_value": 37.616114, "relative_strength": 1.448357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.839779, "energy": 75.919626, "activity_lines": [ 43.25455, 42.899287, 42.031726, 41.64767 ] }, { "date": "2024-01-19", "close": 44.14854, "volume": 79803, "typical_volume": 122492.1, "trend": 41.319516, "fair_value": 37.705501, "relative_strength": 3.224909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.801456, "energy": 82.267171, "activity_lines": [ 43.561462, 43.204129, 42.276414, 41.839838 ] }, { "date": "2024-01-26", "close": 45.146584, "volume": 62728, "typical_volume": 123020.5, "trend": 41.478636, "fair_value": 37.805884, "relative_strength": 5.099765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.830265, "energy": 93.210092, "activity_lines": [ 44.142673, 43.631206, 42.604193, 42.086745 ] }, { "date": "2024-02-02", "close": 45.904896, "volume": 38374, "typical_volume": 122540.9, "trend": 41.674007, "fair_value": 37.901751, "relative_strength": 5.562498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.163595, "energy": 97.003047, "activity_lines": [ 44.849454, 44.127147, 42.986901, 42.372311 ] }, { "date": "2024-02-09", "close": 46.501766, "volume": 66751, "typical_volume": 124568.6, "trend": 41.892663, "fair_value": 38.000963, "relative_strength": 5.272711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.759115, "energy": 96.872066, "activity_lines": [ 45.565368, 44.65374, 43.40636, 42.683779 ] }, { "date": "2024-02-16", "close": 46.761063, "volume": 50383, "typical_volume": 125072.95, "trend": 42.095754, "fair_value": 38.101597, "relative_strength": 3.766087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.966462, "energy": 95.656049, "activity_lines": [ 46.131252, 45.147296, 43.822666, 42.997869 ] }, { "date": "2024-02-23", "close": 47.142662, "volume": 41141, "typical_volume": 124572.85, "trend": 42.289618, "fair_value": 38.208463, "relative_strength": 1.416021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.83821, "energy": 94.482272, "activity_lines": [ 46.614616, 45.635018, 44.24614, 43.323476 ] }, { "date": "2024-03-01", "close": 47.348141, "volume": 34722, "typical_volume": 122681.9, "trend": 42.509696, "fair_value": 38.318661, "relative_strength": 1.010089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.254103, "energy": 92.30539, "activity_lines": [ 46.966865, 46.08974, 44.656071, 43.649833 ] }, { "date": "2024-03-08", "close": 47.235619, "volume": 31318, "typical_volume": 121613.6, "trend": 42.73716, "fair_value": 38.419211, "relative_strength": -0.756889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.99889, "energy": 79.320617, "activity_lines": [ 47.134836, 46.449284, 45.025828, 43.954731 ] }, { "date": "2024-03-15", "close": 47.103523, "volume": 29237, "typical_volume": 119131.75, "trend": 42.978133, "fair_value": 38.518404, "relative_strength": -2.546482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.344876, "energy": 68.284778, "activity_lines": [ 47.17006, 46.708845, 45.347767, 44.236432 ] }, { "date": "2024-03-22", "close": 48.566334, "volume": 28555, "typical_volume": 112200.45, "trend": 43.248179, "fair_value": 38.624358, "relative_strength": -0.724489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.578986, "energy": 75.392649, "activity_lines": [ 47.652771, 47.158941, 45.770447, 44.596961 ] }, { "date": "2024-03-29", "close": 48.791386, "volume": 24262, "typical_volume": 111061.05, "trend": 43.486671, "fair_value": 38.727517, "relative_strength": -1.474435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.97957, "energy": 74.151837, "activity_lines": [ 48.090148, 47.559936, 46.176397, 44.954587 ] }, { "date": "2024-04-05", "close": 48.111343, "volume": 102725, "typical_volume": 113746.05, "trend": 43.70653, "fair_value": 38.823222, "relative_strength": -0.810862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.538915, "energy": 66.766499, "activity_lines": [ 48.190928, 47.752871, 46.47996, 45.252953 ] }, { "date": "2024-04-12", "close": 48.625046, "volume": 37221, "typical_volume": 113990.15, "trend": 43.937864, "fair_value": 38.920206, "relative_strength": 0.83802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.126479, "energy": 68.800615, "activity_lines": [ 48.412063, 47.985303, 46.800255, 45.570276 ] }, { "date": "2024-04-19", "close": 46.966537, "volume": 54326, "typical_volume": 111029.5, "trend": 44.148289, "fair_value": 39.00794, "relative_strength": -3.113242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.772113, "energy": 60.777449, "activity_lines": [ 47.987734, 47.86673, 46.929249, 45.765675 ] }, { "date": "2024-04-26", "close": 47.876514, "volume": 43619, "typical_volume": 79739.3, "trend": 44.389692, "fair_value": 39.100576, "relative_strength": -2.213609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.869208, "energy": 48.510367, "activity_lines": [ 47.875862, 47.905157, 47.121695, 46.006205 ] }, { "date": "2024-05-03", "close": 47.719959, "volume": 36948, "typical_volume": 48309.45, "trend": 44.640723, "fair_value": 39.191548, "relative_strength": -0.819946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.070739, "energy": 41.702108, "activity_lines": [ 47.757793, 47.894838, 47.27422, 46.221061 ] }, { "date": "2024-05-10", "close": 48.688644, "volume": 41353, "typical_volume": 47470.35, "trend": 44.891607, "fair_value": 39.291945, "relative_strength": -1.852266, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.08119, "energy": 43.572205, "activity_lines": [ 48.034048, 48.050148, 47.497823, 46.482217 ] }, { "date": "2024-05-17", "close": 49.001755, "volume": 25485, "typical_volume": 48100.95, "trend": 45.197146, "fair_value": 39.39495, "relative_strength": -3.277769, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.417058, "energy": 55.414065, "activity_lines": [ 48.376186, 48.238014, 47.725294, 46.747388 ] }, { "date": "2024-05-24", "close": 49.128952, "volume": 41683, "typical_volume": 45632.3, "trend": 45.534682, "fair_value": 39.496726, "relative_strength": -0.436757, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.971913, "energy": 59.226153, "activity_lines": [ 48.73561, 48.416896, 47.936574, 47.001053 ] }, { "date": "2024-05-31", "close": 48.307041, "volume": 67673, "typical_volume": 46915.35, "trend": 45.793179, "fair_value": 39.592213, "relative_strength": -2.02827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.589629, "energy": 52.919178, "activity_lines": [ 48.676902, 48.409513, 48.040175, 47.179915 ] }, { "date": "2024-06-07", "close": 49.843235, "volume": 36873, "typical_volume": 44768.85, "trend": 46.091587, "fair_value": 39.695412, "relative_strength": 0.627972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.386423, "energy": 60.354607, "activity_lines": [ 49.101557, 48.686152, 48.267739, 47.441209 ] }, { "date": "2024-06-14", "close": 50.958694, "volume": 132677, "typical_volume": 48266.3, "trend": 46.411844, "fair_value": 39.80456, "relative_strength": 8.990816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.307209, "energy": 75.833723, "activity_lines": [ 49.756479, 49.146478, 48.574419, 47.755216 ] }, { "date": "2024-06-21", "close": 51.457714, "volume": 59783, "typical_volume": 49336.75, "trend": 46.739698, "fair_value": 39.91324, "relative_strength": 7.803862, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.593507, "energy": 87.689499, "activity_lines": [ 50.426406, 49.645765, 48.900948, 48.080756 ] }, { "date": "2024-06-28", "close": 51.672974, "volume": 28429, "typical_volume": 47420.65, "trend": 47.059074, "fair_value": 40.018431, "relative_strength": 8.57374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.695487, "energy": 91.68734, "activity_lines": [ 51.004355, 50.132686, 49.221537, 48.399032 ] }, { "date": "2024-07-05", "close": 51.614265, "volume": 58761, "typical_volume": 47839.55, "trend": 47.35874, "fair_value": 40.122003, "relative_strength": 5.680152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.285742, "energy": 89.462795, "activity_lines": [ 51.393132, 50.523362, 49.511909, 48.692915 ] }, { "date": "2024-07-12", "close": 52.005657, "volume": 45228, "typical_volume": 48043.9, "trend": 47.649835, "fair_value": 40.227994, "relative_strength": 4.501208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.965366, "energy": 90.272152, "activity_lines": [ 51.691893, 50.917241, 49.816446, 48.992716 ] }, { "date": "2024-07-19", "close": 51.046753, "volume": 59839, "typical_volume": 49299.75, "trend": 47.910108, "fair_value": 40.323783, "relative_strength": 3.554426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.329253, "energy": 75.503671, "activity_lines": [ 51.526857, 51.058852, 50.006502, 49.211872 ] }, { "date": "2024-07-26", "close": 50.547737, "volume": 61886, "typical_volume": 50828.15, "trend": 48.159781, "fair_value": 40.418401, "relative_strength": 3.637211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.453996, "energy": 57.019056, "activity_lines": [ 51.189611, 51.066858, 50.13142, 49.382042 ] }, { "date": "2024-08-02", "close": 49.060459, "volume": 59710, "typical_volume": 52351.8, "trend": 48.363302, "fair_value": 40.499794, "relative_strength": 6.069489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.001639, "energy": 26.435882, "activity_lines": [ 50.417272, 50.776341, 50.098921, 49.44015 ] }, { "date": "2024-08-09", "close": 49.168095, "volume": 221878, "typical_volume": 62017.95, "trend": 48.548396, "fair_value": 40.580818, "relative_strength": 6.92721, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.078213, "energy": 23.735633, "activity_lines": [ 49.854979, 50.50664, 50.067353, 49.492072 ] }, { "date": "2024-08-16", "close": 50.792355, "volume": 96343, "typical_volume": 65622.0, "trend": 48.769857, "fair_value": 40.671376, "relative_strength": 6.108171, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.680803, "energy": 25.426762, "activity_lines": [ 49.997184, 50.516603, 50.187612, 49.636844 ] }, { "date": "2024-08-23", "close": 50.714077, "volume": 14185, "typical_volume": 61195.0, "trend": 48.95544, "fair_value": 40.760131, "relative_strength": 3.92712, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.481023, "energy": 22.125595, "activity_lines": [ 50.194183, 50.495077, 50.290887, 49.762277 ] }, { "date": "2024-08-30", "close": 51.036968, "volume": 26318, "typical_volume": 60649.85, "trend": 49.126509, "fair_value": 40.850986, "relative_strength": 2.346126, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.106175, "energy": 23.440568, "activity_lines": [ 50.520991, 50.536706, 50.41252, 49.896569 ] }, { "date": "2024-09-06", "close": 49.32465, "volume": 104738, "typical_volume": 63170.45, "trend": 49.220605, "fair_value": 40.932651, "relative_strength": 2.112032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.886502, "energy": 11.901482, "activity_lines": [ 50.244411, 50.274654, 50.35959, 49.909353 ] }, { "date": "2024-09-13", "close": 51.271805, "volume": 63808, "typical_volume": 64179.9, "trend": 49.370963, "fair_value": 41.026857, "relative_strength": 5.149029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.846434, "energy": 26.20113, "activity_lines": [ 50.599269, 50.409327, 50.480874, 50.041688 ] }, { "date": "2024-09-20", "close": 51.506638, "volume": 134493, "typical_volume": 69057.15, "trend": 49.516429, "fair_value": 41.122145, "relative_strength": 4.880752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.590039, "energy": 30.078925, "activity_lines": [ 50.892158, 50.592924, 50.608355, 50.179474 ] }, { "date": "2024-09-27", "close": 52.015442, "volume": 79607, "typical_volume": 70969.85, "trend": 49.672006, "fair_value": 41.224628, "relative_strength": 2.893184, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.892995, "energy": 45.878655, "activity_lines": [ 51.30703, 50.878104, 50.766261, 50.3407 ] }, { "date": "2024-10-04", "close": 52.60252, "volume": 179660, "typical_volume": 78678.6, "trend": 49.850902, "fair_value": 41.325913, "relative_strength": 7.392553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.568186, "energy": 64.991567, "activity_lines": [ 51.830836, 51.252412, 50.964238, 50.529766 ] }, { "date": "2024-10-11", "close": 53.610348, "volume": 96880, "typical_volume": 81438.45, "trend": 50.067797, "fair_value": 41.430753, "relative_strength": 7.024252, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.876312, "energy": 74.540098, "activity_lines": [ 52.586215, 51.772603, 51.241052, 50.772311 ] }, { "date": "2024-10-18", "close": 54.549675, "volume": 1262287, "typical_volume": 141169.15, "trend": 50.267241, "fair_value": 41.538649, "relative_strength": 5.997407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.980862, "energy": 83.011296, "activity_lines": [ 53.36899, 52.380855, 51.585986, 51.061464 ] }, { "date": "2024-10-25", "close": 54.598598, "volume": 79584, "typical_volume": 143304.7, "trend": 50.460815, "fair_value": 41.641988, "relative_strength": 7.199838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.116179, "energy": 85.312811, "activity_lines": [ 53.949548, 52.900155, 51.905852, 51.340906 ] }, { "date": "2024-11-01", "close": 53.669052, "volume": 92542, "typical_volume": 141297.95, "trend": 50.646072, "fair_value": 41.733377, "relative_strength": 5.493667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.507725, "energy": 81.382311, "activity_lines": [ 54.014126, 53.181242, 52.114545, 51.547889 ] }, { "date": "2024-11-08", "close": 56.526184, "volume": 62617, "typical_volume": 141439.65, "trend": 50.909443, "fair_value": 41.842173, "relative_strength": 13.579307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.973976, "energy": 92.082641, "activity_lines": [ 54.920841, 53.928081, 52.58244, 51.927252 ] }, { "date": "2024-11-15", "close": 56.408768, "volume": 42337, "typical_volume": 142135.05, "trend": 51.224184, "fair_value": 41.945497, "relative_strength": 11.738268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.794011, "energy": 90.565887, "activity_lines": [ 55.52684, 54.553768, 53.015017, 52.282047 ] }, { "date": "2024-11-22", "close": 57.9841, "volume": 68951, "typical_volume": 142644.55, "trend": 51.561104, "fair_value": 42.065212, "relative_strength": 16.766854, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.857834, "energy": 92.158038, "activity_lines": [ 56.471388, 55.337076, 53.575073, 52.71817 ] }, { "date": "2024-11-29", "close": 57.847118, "volume": 35453, "typical_volume": 142155.8, "trend": 51.898676, "fair_value": 42.18653, "relative_strength": 16.280088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.095553, "energy": 90.761017, "activity_lines": [ 57.141314, 55.973437, 54.091752, 53.12372 ] }, { "date": "2024-12-06", "close": 58.306999, "volume": 237948, "typical_volume": 151061.25, "trend": 52.219288, "fair_value": 42.303152, "relative_strength": 12.301509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.764095, "energy": 90.690097, "activity_lines": [ 57.747966, 56.578131, 54.624412, 53.53716 ] }, { "date": "2024-12-13", "close": 58.41872, "volume": 177364, "typical_volume": 156835.15, "trend": 52.533186, "fair_value": 42.420824, "relative_strength": 11.709317, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.833561, "energy": 89.750709, "activity_lines": [ 58.082661, 57.088747, 55.13314, 53.937123 ] }, { "date": "2024-12-20", "close": 57.864235, "volume": 129028, "typical_volume": 160301.05, "trend": 52.824363, "fair_value": 42.5319, "relative_strength": 13.906441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.588105, "energy": 76.904445, "activity_lines": [ 58.106359, 57.392797, 55.551579, 54.281062 ] }, { "date": "2024-12-27", "close": 57.933544, "volume": 12772, "typical_volume": 149845.75, "trend": 53.145246, "fair_value": 42.63968, "relative_strength": 12.326076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.454993, "energy": 64.456239, "activity_lines": [ 58.056129, 57.632106, 55.934695, 54.610686 ] }, { "date": "2025-01-03", "close": 58.289997, "volume": 66072, "typical_volume": 148332.2, "trend": 53.426805, "fair_value": 42.75671, "relative_strength": 12.700281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.363417, "energy": 63.260075, "activity_lines": [ 58.128087, 57.8747, 56.31002, 54.942606 ] }, { "date": "2025-01-10", "close": 57.557289, "volume": 75107, "typical_volume": 151378.3, "trend": 53.646758, "fair_value": 42.872996, "relative_strength": 7.946615, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.161524, "energy": 55.292582, "activity_lines": [ 57.926284, 57.916958, 56.57986, 55.209089 ] }, { "date": "2025-01-17", "close": 59.121723, "volume": 55879, "typical_volume": 152856.35, "trend": 53.902225, "fair_value": 43.00588, "relative_strength": 7.045757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.610392, "energy": 59.976721, "activity_lines": [ 58.295939, 58.172963, 56.966106, 55.562312 ] }, { "date": "2025-01-24", "close": 59.012806, "volume": 71405, "typical_volume": 151189.7, "trend": 54.146886, "fair_value": 43.141077, "relative_strength": 6.851956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.5546, "energy": 57.855684, "activity_lines": [ 58.582422, 58.361973, 57.303481, 55.892027 ] }, { "date": "2025-01-31", "close": 59.57719, "volume": 122491, "typical_volume": 154123.85, "trend": 54.412317, "fair_value": 43.279526, "relative_strength": 6.884899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.8701, "energy": 58.580488, "activity_lines": [ 58.980461, 58.606252, 57.648473, 56.242369 ] }, { "date": "2025-02-07", "close": 59.29995, "volume": 113768, "typical_volume": 153087.6, "trend": 54.65546, "fair_value": 43.414526, "relative_strength": 4.569097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.562925, "energy": 60.977455, "activity_lines": [ 59.176511, 58.771159, 57.927511, 56.5577 ] }, { "date": "2025-02-14", "close": 59.022709, "volume": 54674, "typical_volume": 151840.95, "trend": 54.921325, "fair_value": 43.553466, "relative_strength": 1.450804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.992895, "energy": 56.723087, "activity_lines": [ 59.212817, 58.859244, 58.143035, 56.839459 ] }, { "date": "2025-02-21", "close": 59.052414, "volume": 279842, "typical_volume": 156850.05, "trend": 55.204814, "fair_value": 43.690559, "relative_strength": 0.211573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.323533, "energy": 54.703558, "activity_lines": [ 59.161329, 58.939716, 58.328019, 57.10598 ] }, { "date": "2025-02-28", "close": 57.309753, "volume": 67918, "typical_volume": 155401.95, "trend": 55.479791, "fair_value": 43.812922, "relative_strength": -3.38887, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.252996, "energy": 33.038425, "activity_lines": [ 58.533576, 58.691819, 58.316322, 57.241783 ] }, { "date": "2025-03-07", "close": 53.240246, "volume": 74434, "typical_volume": 96009.3, "trend": 55.615529, "fair_value": 43.911633, "relative_strength": -10.066016, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -18.658761, "energy": 26.54893, "activity_lines": [ 56.662857, 57.714093, 57.899437, 57.097296 ] }, { "date": "2025-03-14", "close": 52.408524, "volume": 132653, "typical_volume": 98662.75, "trend": 55.669401, "fair_value": 43.998046, "relative_strength": -11.577441, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.625902, "energy": 51.072873, "activity_lines": [ 54.93736, 56.670478, 57.409575, 56.890393 ] }, { "date": "2025-03-21", "close": 52.963005, "volume": 65941, "typical_volume": 97332.7, "trend": 55.744366, "fair_value": 44.081354, "relative_strength": -11.450405, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.789696, "energy": 62.209049, "activity_lines": [ 53.856119, 55.834613, 56.982951, 56.715786 ] }, { "date": "2025-03-28", "close": 52.477833, "volume": 102572, "typical_volume": 99330.45, "trend": 55.792395, "fair_value": 44.161826, "relative_strength": -11.534038, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.788465, "energy": 74.594525, "activity_lines": [ 53.017133, 54.994068, 56.513481, 56.505042 ] }, { "date": "2025-04-04", "close": 47.883545, "volume": 172442, "typical_volume": 105835.7, "trend": 55.744358, "fair_value": 44.21014, "relative_strength": -9.713615, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -66.475914, "energy": 87.261747, "activity_lines": [ 51.085024, 53.438996, 55.625738, 55.994794 ] }, { "date": "2025-04-11", "close": 47.091431, "volume": 503505, "typical_volume": 127563.4, "trend": 55.605012, "fair_value": 44.25584, "relative_strength": -9.522805, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.287805, "energy": 94.387992, "activity_lines": [ 49.517291, 51.942253, 54.703152, 55.436541 ] }, { "date": "2025-04-18", "close": 47.235001, "volume": 97885, "typical_volume": 130685.0, "trend": 55.462624, "fair_value": 44.30757, "relative_strength": -14.093052, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.580358, "energy": 90.851878, "activity_lines": [ 48.407336, 50.698627, 53.846109, 54.89654 ] }, { "date": "2025-04-25", "close": 49.007362, "volume": 92148, "typical_volume": 123395.0, "trend": 55.362355, "fair_value": 44.371695, "relative_strength": -14.04167, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.714171, "energy": 80.180837, "activity_lines": [ 48.233069, 49.996612, 53.208396, 54.480071 ] }, { "date": "2025-05-02", "close": 50.853989, "volume": 74165, "typical_volume": 118235.05, "trend": 55.30407, "fair_value": 44.453375, "relative_strength": -12.9823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.939028, "energy": 61.529997, "activity_lines": [ 48.938054, 49.812444, 52.790837, 54.189209 ] }, { "date": "2025-05-09", "close": 51.180737, "volume": 120157, "typical_volume": 117791.5, "trend": 55.223083, "fair_value": 44.540099, "relative_strength": -14.628148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.820486, "energy": 45.79427, "activity_lines": [ 49.860211, 49.836748, 52.440419, 53.923188 ] }, { "date": "2025-05-16", "close": 54.131378, "volume": 107137, "typical_volume": 122509.75, "trend": 55.20914, "fair_value": 44.657721, "relative_strength": -12.504076, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.846026, "energy": 24.478773, "activity_lines": [ 51.546102, 50.508968, 52.40284, 53.852755 ] }, { "date": "2025-05-23", "close": 52.101574, "volume": 91468, "typical_volume": 123779.55, "trend": 55.125906, "fair_value": 44.751109, "relative_strength": -13.150723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.68622, "energy": 26.959492, "activity_lines": [ 52.086062, 50.79593, 52.190052, 53.652267 ] }, { "date": "2025-05-30", "close": 52.9333, "volume": 38567, "typical_volume": 121952.55, "trend": 55.101381, "fair_value": 44.851014, "relative_strength": -13.023252, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.539533, "energy": 25.400335, "activity_lines": [ 52.578826, 51.239697, 52.085945, 53.510808 ] }, { "date": "2025-06-06", "close": 53.566994, "volume": 40270, "typical_volume": 121172.1, "trend": 55.002741, "fair_value": 44.96219, "relative_strength": -12.967527, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.719603, "energy": 23.583213, "activity_lines": [ 53.021092, 51.79922, 52.064209, 53.411816 ] }, { "date": "2025-06-13", "close": 52.953102, "volume": 77279, "typical_volume": 121465.8, "trend": 54.887552, "fair_value": 45.08196, "relative_strength": -11.182958, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.121566, "energy": 15.178537, "activity_lines": [ 53.077861, 52.227324, 52.010458, 53.279581 ] }, { "date": "2025-06-20", "close": 52.863987, "volume": 35692, "typical_volume": 117125.85, "trend": 54.716882, "fair_value": 45.190484, "relative_strength": -10.63797, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.103472, "energy": 13.765785, "activity_lines": [ 52.986767, 52.547051, 51.977076, 53.149028 ] }, { "date": "2025-06-27", "close": 53.755123, "volume": 61673, "typical_volume": 114521.1, "trend": 54.580482, "fair_value": 45.307336, "relative_strength": -10.063716, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.93386, "energy": 11.71185, "activity_lines": [ 53.27721, 52.923848, 52.060531, 53.086979 ] }, { "date": "2025-07-04", "close": 53.963055, "volume": 34883, "typical_volume": 113531.55, "trend": 54.435684, "fair_value": 45.412401, "relative_strength": -9.260632, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.052745, "energy": 12.725311, "activity_lines": [ 53.526728, 53.219902, 52.190194, 53.047145 ] }, { "date": "2025-07-11", "close": 54.477932, "volume": 115578, "typical_volume": 105318.35, "trend": 54.304324, "fair_value": 45.522208, "relative_strength": -9.269054, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.895475, "energy": 33.504536, "activity_lines": [ 53.879222, 53.519467, 52.392986, 53.049871 ] }, { "date": "2025-07-18", "close": 55.09182, "volume": 33759, "typical_volume": 103610.4, "trend": 54.21191, "fair_value": 45.631624, "relative_strength": -8.63234, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.445835, "energy": 50.834506, "activity_lines": [ 54.375615, 53.864759, 52.676026, 53.100677 ] }, { "date": "2025-07-25", "close": 55.418571, "volume": 28990, "typical_volume": 101338.2, "trend": 54.128078, "fair_value": 45.735189, "relative_strength": -8.867505, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.060857, "energy": 59.130481, "activity_lines": [ 54.838344, 54.198349, 53.000748, 53.178526 ] }, { "date": "2025-08-01", "close": 55.052216, "volume": 103560, "typical_volume": 99883.55, "trend": 54.020152, "fair_value": 45.833889, "relative_strength": -7.511907, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.894564, "energy": 57.718982, "activity_lines": [ 55.00865, 54.441925, 53.280205, 53.238148 ] }, { "date": "2025-08-08", "close": 55.745319, "volume": 74494, "typical_volume": 100311.2, "trend": 53.959753, "fair_value": 45.931601, "relative_strength": -9.888055, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.86736, "energy": 61.406178, "activity_lines": [ 55.323516, 54.757872, 53.613083, 53.349449 ] }, { "date": "2025-08-15", "close": 56.48793, "volume": 70088, "typical_volume": 98687.0, "trend": 53.87196, "fair_value": 46.029502, "relative_strength": -10.646443, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.20779, "energy": 71.539581, "activity_lines": [ 55.767102, 55.157712, 54.003437, 53.512557 ] }, { "date": "2025-08-22", "close": 56.388916, "volume": 25316, "typical_volume": 91330.7, "trend": 53.784497, "fair_value": 46.132321, "relative_strength": -11.919673, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.13099, "energy": 73.01755, "activity_lines": [ 56.043684, 55.486441, 54.365265, 53.674942 ] }, { "date": "2025-08-29", "close": 56.329506, "volume": 31339, "typical_volume": 67722.4, "trend": 53.676241, "fair_value": 46.242216, "relative_strength": -9.513144, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.318776, "energy": 84.575853, "activity_lines": [ 56.213989, 55.741899, 54.680934, 53.839136 ] }, { "date": "2025-09-05", "close": 56.250298, "volume": 83419, "typical_volume": 66999.1, "trend": 53.574586, "fair_value": 46.348964, "relative_strength": -8.208228, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.067711, "energy": 81.506007, "activity_lines": [ 56.297163, 55.919946, 54.945068, 54.005204 ] }, { "date": "2025-09-12", "close": 57.388966, "volume": 53277, "typical_volume": 65055.55, "trend": 53.520128, "fair_value": 46.461631, "relative_strength": -8.243146, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.882093, "energy": 85.222642, "activity_lines": [ 56.68002, 56.259657, 55.274717, 54.251293 ] }, { "date": "2025-09-19", "close": 57.695911, "volume": 60709, "typical_volume": 64382.75, "trend": 53.474911, "fair_value": 46.592772, "relative_strength": -7.001443, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.465258, "energy": 80.291645, "activity_lines": [ 57.055616, 56.592887, 55.593686, 54.520698 ] }, { "date": "2025-09-26", "close": 57.864235, "volume": 31108, "typical_volume": 59930.3, "trend": 53.493394, "fair_value": 46.728275, "relative_strength": -7.289171, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.813513, "energy": 79.417282, "activity_lines": [ 57.406788, 56.898212, 55.896105, 54.803881 ] }, { "date": "2025-10-03", "close": 58.656357, "volume": 157857, "typical_volume": 62466.3, "trend": 53.673931, "fair_value": 46.868763, "relative_strength": -7.093419, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.615391, "energy": 87.207861, "activity_lines": [ 57.923646, 57.297152, 56.242138, 55.136975 ] }, { "date": "2025-10-10", "close": 58.329605, "volume": 185467, "typical_volume": 67166.25, "trend": 53.8713, "fair_value": 47.008661, "relative_strength": -4.732138, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.517677, "energy": 75.826646, "activity_lines": [ 58.176463, 57.577814, 56.535505, 55.437341 ] }, { "date": "2025-10-17", "close": 57.973152, "volume": 47092, "typical_volume": 67592.5, "trend": 54.038305, "fair_value": 47.143052, "relative_strength": -4.453314, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.150065, "energy": 63.039614, "activity_lines": [ 58.171842, 57.734077, 56.765266, 55.701977 ] }, { "date": "2025-10-24", "close": 59.240543, "volume": 25561, "typical_volume": 66857.05, "trend": 54.263728, "fair_value": 47.278265, "relative_strength": -3.816102, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.932789, "energy": 66.746127, "activity_lines": [ 58.550739, 58.080269, 57.091732, 56.037605 ] }, { "date": "2025-10-31", "close": 60.616848, "volume": 71870, "typical_volume": 66586.6, "trend": 54.688172, "fair_value": 47.429664, "relative_strength": -2.964782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.075972, "energy": 73.324782, "activity_lines": [ 59.285429, 58.626651, 57.522258, 56.447484 ] }, { "date": "2025-11-07", "close": 58.725666, "volume": 308199, "typical_volume": 80211.95, "trend": 55.07598, "fair_value": 47.564706, "relative_strength": -5.046581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.404343, "energy": 60.63422, "activity_lines": [ 59.206217, 58.752309, 57.736177, 56.707967 ] }, { "date": "2025-11-14", "close": 59.468277, "volume": 184638, "typical_volume": 86360.2, "trend": 55.483756, "fair_value": 47.704907, "relative_strength": -5.825122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.689282, "energy": 58.688948, "activity_lines": [ 59.369922, 58.969422, 57.992909, 56.991341 ] }, { "date": "2025-11-21", "close": 58.468224, "volume": 1962673, "typical_volume": 182749.7, "trend": 55.799118, "fair_value": 47.83566, "relative_strength": -4.052153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.500542, "energy": 48.675599, "activity_lines": [ 59.124364, 58.946198, 58.127191, 57.183888 ] }, { "date": "2025-11-28", "close": 60.319801, "volume": 200862, "typical_volume": 187013.9, "trend": 56.114645, "fair_value": 47.978926, "relative_strength": -2.152573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.456216, "energy": 48.626732, "activity_lines": [ 59.462994, 59.240001, 58.416362, 57.475545 ] }, { "date": "2025-12-05", "close": 60.428719, "volume": 273442, "typical_volume": 198998.05, "trend": 56.422911, "fair_value": 48.128841, "relative_strength": -1.766644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.191542, "energy": 50.786225, "activity_lines": [ 59.765979, 59.505901, 58.688086, 57.753872 ] }, { "date": "2025-12-12", "close": 59.459999, "volume": 207186, "typical_volume": 207907.85, "trend": 56.600532, "fair_value": 48.281328, "relative_strength": -3.116215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.230041, "energy": 43.376239, "activity_lines": [ 59.7586, 59.549043, 58.842138, 57.949813 ] }, { "date": "2025-12-19", "close": 59.709999, "volume": 280075, "typical_volume": 216733.6, "trend": 56.854146, "fair_value": 48.436815, "relative_strength": -4.92083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.257098, "energy": 43.737383, "activity_lines": [ 59.785598, 59.623028, 59.000755, 58.150424 ] }, { "date": "2025-12-26", "close": 60.009998, "volume": 16066, "typical_volume": 213812.2, "trend": 57.090036, "fair_value": 48.596211, "relative_strength": -3.65671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.699215, "energy": 41.267605, "activity_lines": [ 59.896481, 59.726459, 59.165763, 58.354027 ] }, { "date": "2026-01-02", "close": 59.75, "volume": 44708, "typical_volume": 212543.2, "trend": 57.296136, "fair_value": 48.749006, "relative_strength": -5.184892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.155353, "energy": 34.809792, "activity_lines": [ 59.817914, 59.745585, 59.285701, 58.525638 ] }, { "date": "2026-01-09", "close": 61.27, "volume": 165035, "typical_volume": 219529.15, "trend": 57.573366, "fair_value": 48.9099, "relative_strength": -3.103861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.494218, "energy": 45.683443, "activity_lines": [ 60.283999, 60.031812, 59.534868, 58.782016 ] }, { "date": "2026-01-16", "close": 61.419998, "volume": 72116, "typical_volume": 221568.0, "trend": 57.858566, "fair_value": 49.074238, "relative_strength": -2.647114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.643029, "energy": 56.873704, "activity_lines": [ 60.743999, 60.333436, 59.775077, 59.030186 ] }, { "date": "2026-01-23", "close": 60.27, "volume": 57308, "typical_volume": 220262.45, "trend": 58.075729, "fair_value": 49.223973, "relative_strength": -2.016309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.753458, "energy": 43.603589, "activity_lines": [ 60.689999, 60.376981, 59.881522, 59.185762 ] }, { "date": "2026-01-30", "close": 59.84, "volume": 80140, "typical_volume": 221605.6, "trend": 58.271627, "fair_value": 49.364217, "relative_strength": -3.770065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.816084, "energy": 39.364264, "activity_lines": [ 60.455333, 60.327767, 59.927873, 59.299586 ] }, { "date": "2026-02-06", "close": 59.830002, "volume": 33457, "typical_volume": 220243.0, "trend": 58.450029, "fair_value": 49.50629, "relative_strength": -4.120401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.652494, "energy": 25.996132, "activity_lines": [ 60.228667, 60.251795, 59.9616, 59.400127 ] }, { "date": "2026-02-13", "close": 59.259998, "volume": 86432, "typical_volume": 223009.2, "trend": 58.588968, "fair_value": 49.645764, "relative_strength": -3.761761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.496869, "energy": 17.105273, "activity_lines": [ 59.806666, 60.08109, 59.930878, 59.452383 ] }, { "date": "2026-02-20", "close": 60.02, "volume": 46762, "typical_volume": 217454.45, "trend": 58.742349, "fair_value": 49.793338, "relative_strength": -4.379966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.131149, "energy": 18.114383, "activity_lines": [ 59.772, 60.069818, 59.965892, 59.544707 ] }, { "date": "2026-02-27", "close": 59.66, "volume": 25490, "typical_volume": 209455.6, "trend": 58.895942, "fair_value": 49.935966, "relative_strength": -6.144781, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.326945, "energy": 16.359603, "activity_lines": [ 59.710667, 59.982909, 59.960126, 59.603911 ] }, { "date": "2026-03-06", "close": 60.490002, "volume": 46351, "typical_volume": 209418.55, "trend": 59.054098, "fair_value": 50.090649, "relative_strength": 1.765664, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.625605, "energy": 16.307849, "activity_lines": [ 59.966667, 60.047818, 60.027073, 59.706753 ] }, { "date": "2026-03-13", "close": 59.720001, "volume": 149014, "typical_volume": 215591.2, "trend": 59.161834, "fair_value": 50.240335, "relative_strength": 0.107961, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.133184, "energy": 10.520309, "activity_lines": [ 59.922667, 59.964, 60.008701, 59.749715 ] }, { "date": "2026-03-20", "close": 58.209999, "volume": 99739, "typical_volume": 216984.65, "trend": 59.222537, "fair_value": 50.381551, "relative_strength": 0.935728, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -9.427652, "energy": 11.252373, "activity_lines": [ 59.382667, 59.606182, 59.844237, 59.688306 ] }, { "date": "2026-03-27", "close": 57.169998, "volume": 62475, "typical_volume": 204698.45, "trend": 59.250553, "fair_value": 50.509831, "relative_strength": -2.045696, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.16027, "energy": 44.386733, "activity_lines": [ 58.566, 59.114909, 59.592185, 59.555884 ] }, { "date": "2026-04-03", "close": 58.509998, "volume": 27054, "typical_volume": 196819.25, "trend": 59.325877, "fair_value": 50.647788, "relative_strength": -4.549, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.418162, "energy": 46.298409, "activity_lines": [ 58.385999, 58.944545, 59.475161, 59.508106 ] }, { "date": "2026-04-10", "close": 59.880001, "volume": 19491, "typical_volume": 99660.15, "trend": 59.408911, "fair_value": 50.793192, "relative_strength": -6.215524, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.909872, "energy": 35.53719, "activity_lines": [ 58.739333, 59.055272, 59.493177, 59.543856 ] }, { "date": "2026-04-17", "close": 62.110001, "volume": 69959, "typical_volume": 93115.0, "trend": 59.556047, "fair_value": 50.953015, "relative_strength": -5.174074, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.54614, "energy": 17.848587, "activity_lines": [ 59.876667, 59.570727, 59.716851, 59.71812 ] }, { "date": "2026-04-24", "close": 62.73, "volume": 42200, "typical_volume": 81552.9, "trend": 59.71824, "fair_value": 51.116688, "relative_strength": -1.79559, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.628792, "energy": 50.339557, "activity_lines": [ 61.061333, 60.157454, 59.991047, 59.922891 ] }, { "date": "2026-05-01", "close": 62.849998, "volume": 71277, "typical_volume": 74757.45, "trend": 59.858028, "fair_value": 51.282154, "relative_strength": -2.777337, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.189809, "energy": 74.577766, "activity_lines": [ 61.984666, 60.702909, 60.265714, 60.12494 ] }, { "date": "2026-05-08", "close": 64.550003, "volume": 47260, "typical_volume": 63116.7, "trend": 60.065374, "fair_value": 51.455508, "relative_strength": -2.276018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.465582, "energy": 89.559271, "activity_lines": [ 63.096001, 61.506, 60.686143, 60.427648 ] }, { "date": "2026-05-15", "close": 65.769997, "volume": 43789, "typical_volume": 64502.85, "trend": 60.325269, "fair_value": 51.631034, "relative_strength": -0.087227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.498555, "energy": 95.279346, "activity_lines": [ 64.211333, 62.442, 61.199714, 60.795689 ] }, { "date": "2026-05-22", "close": 66.459999, "volume": 46761, "typical_volume": 64605.5, "trend": 60.565918, "fair_value": 51.808406, "relative_strength": 0.123227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.263529, "energy": 94.735625, "activity_lines": [ 65.163999, 63.407454, 61.751571, 61.191478 ] }, { "date": "2026-05-29", "close": 66.839996, "volume": 27437, "typical_volume": 57725.6, "trend": 60.773356, "fair_value": 51.983715, "relative_strength": -0.38477, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.954368, "energy": 93.446798, "activity_lines": [ 65.953331, 64.319453, 62.307666, 61.596257 ] }, { "date": "2026-06-05", "close": 66.809998, "volume": 9125, "typical_volume": 54576.05, "trend": 61.042834, "fair_value": 52.157652, "relative_strength": -0.17037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.617259, "energy": 90.830591, "activity_lines": [ 66.458665, 65.06909, 62.83438, 61.985718 ] }, { "date": "2026-06-12", "close": 66.169998, "volume": 35391, "typical_volume": 53480.2, "trend": 61.266224, "fair_value": 52.324197, "relative_strength": -4.12698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.119927, "energy": 86.244771, "activity_lines": [ 66.486664, 65.527089, 63.274475, 62.316502 ] }, { "date": "2026-06-19", "close": 67.339996, "volume": 3807, "typical_volume": 49663.55, "trend": 61.56195, "fair_value": 52.501625, "relative_strength": -4.827692, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.494381, "energy": 85.971494, "activity_lines": [ 66.796664, 66.058543, 63.797903, 62.708359 ] }, { "date": "2026-06-26", "close": 66.629997, "volume": 16866, "typical_volume": 48834.0, "trend": 61.77229, "fair_value": 52.669939, "relative_strength": -2.847685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.053107, "energy": 66.758905, "activity_lines": [ 66.76533, 66.32527, 64.217998, 63.035329 ] }, { "date": "2026-07-03", "close": 67.589996, "volume": 17775, "typical_volume": 45401.15, "trend": 62.010999, "fair_value": 52.846517, "relative_strength": -4.23416, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.146463, "energy": 68.541994, "activity_lines": [ 67.042663, 66.684361, 64.697141, 63.410665 ] }, { "date": "2026-07-10", "close": 68.07, "volume": 64224, "typical_volume": 46274.25, "trend": 62.297999, "fair_value": 53.026824, "relative_strength": -3.086871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.563274, "energy": 74.032918, "activity_lines": [ 67.429998, 67.042361, 65.182332, 63.801569 ] }, { "date": "2026-07-17", "close": 67.309998, "volume": 378884, "typical_volume": 63943.95, "trend": 62.551332, "fair_value": 53.197604, "relative_strength": -2.719762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.573922, "energy": 67.675369, "activity_lines": [ 67.479998, 67.16727, 65.556808, 64.124923 ] }, { "date": "2026-07-24", "close": 67.389999, "volume": 343819, "typical_volume": 78817.35, "trend": 62.797332, "fair_value": 53.364676, "relative_strength": -2.369468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.303051, "energy": 64.263449, "activity_lines": [ 67.480665, 67.256543, 65.902474, 64.437095 ] }, { "date": "2026-07-31", "close": 66.620003, "volume": 72988, "typical_volume": 75016.05, "trend": 63.026333, "fair_value": 53.530537, "relative_strength": -4.030912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.671868, "energy": 58.286527, "activity_lines": [ 67.221333, 67.176362, 66.141951, 64.683719 ] }, { "date": "2026-08-07", "close": 69.209999, "volume": 90821, "typical_volume": 74570.15, "trend": 63.290999, "fair_value": 53.715141, "relative_strength": -3.094402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.257454, "energy": 66.07009, "activity_lines": [ 67.826, 67.564181, 66.595237, 65.082666 ] } ], "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." } } }