{ "ticker": { "uuid": "c61c8b35-fa41-42b0-a2c0-e77d08cc09fb", "symbol": "VFEA", "name": "Vanguard FTSE Emerging Markets UCITS ETF USD Accumulation", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 67.779, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 60.282, "architecture_energy": 26.161, "architecture_maturity": 56.068, "architecture_confidence": 87.57, "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": 36.13, "rotation_up": 36.88, "upward_expansion": 64.43, "deceleration": 88.96, "rotation_down": 29.06, "downward_expansion": 13.76 }, "activity_lines": [ 86.905333, 86.849454, 86.673809, 85.711913 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 88.900002, "trend_reference": 84.689833, "distance_from_trend": 0.049713, "trend_direction": "Improving", "fair_value": 67.830993, "distance_from_fair_value": 0.31061, "fair_value_direction": "Weakening", "relative_strength": 0.436722, "relative_strength_direction": "Weakening", "price_momentum": 0.058459, "excess_performance": 0.007224, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049713, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03262, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.31061, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.051421, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.004367, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.075085, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.058459, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.23085, "read": "Demand-led" } ], "volume": { "latest": 278728, "relative_activity": 2.560671, "balance": 3.23085, "dry_up": 1.453003, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.03015, "annualized_volatility": 0.184455, "from_high_reference": -0.008698, "from_low_reference": 0.488354 }, "levels": { "trend_reference": 84.689833, "fair_value_reference": 67.830993, "structural_low": 59.7304, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.001615, "positive_rate": 0.56, "directional_follow_through": 0.56, "median_excess_return": -0.009977, "regime_survival": 0.72, "best_return": 0.117916, "worst_return": -0.09109, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.017135, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": -0.0091, "regime_survival": 0.4, "best_return": 0.13733, "worst_return": -0.037563, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.049353, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": 0.021412, "regime_survival": 0.166667, "best_return": 0.180228, "worst_return": -0.001546, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.178403, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.031354, "regime_survival": 0.0, "best_return": 0.17941, "worst_return": -0.028756, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-02-16", "tenure": "New", "return": 0.018126, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-08-02", "tenure": "Established", "return": 0.04344, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.025611, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-08", "tenure": "Developing", "return": 0.076118, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": -0.027445, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.015326, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-03-14", "tenure": "Developing", "return": 0.024063, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.013536, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.129952, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-11-28", "tenure": "Extended", "return": 0.148268, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": -0.002544, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-13", "tenure": "Developing", "return": 0.003414, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.117579, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.001803, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 53.049999, "volume": 23818, "typical_volume": 35962.15, "trend": 54.058833, "fair_value": 58.784199, "relative_strength": 3.837152, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.595139, "energy": 15.455081, "activity_lines": [ 54.718, 54.925454, 54.530024, 54.224086 ] }, { "date": "2023-08-25", "close": 53.470001, "volume": 22564, "typical_volume": 36400.15, "trend": 53.937333, "fair_value": 58.765994, "relative_strength": 3.579899, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.162201, "energy": 16.614757, "activity_lines": [ 54.145333, 54.663818, 54.462167, 54.186097 ] }, { "date": "2023-09-01", "close": 54.465, "volume": 18742, "typical_volume": 36788.1, "trend": 53.898167, "fair_value": 58.767788, "relative_strength": 3.724812, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.216341, "energy": 21.609818, "activity_lines": [ 54.014333, 54.623818, 54.491262, 54.22014 ] }, { "date": "2023-09-08", "close": 53.505001, "volume": 31787, "typical_volume": 37439.75, "trend": 53.861667, "fair_value": 58.761058, "relative_strength": 1.713832, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.536236, "energy": 19.270031, "activity_lines": [ 53.751667, 54.390818, 54.426524, 54.194774 ] }, { "date": "2023-09-15", "close": 53.935001, "volume": 27450, "typical_volume": 37463.45, "trend": 53.861167, "fair_value": 58.751474, "relative_strength": -0.5425, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.056323, "energy": 13.422839, "activity_lines": [ 53.805334, 54.246455, 54.400762, 54.199506 ] }, { "date": "2023-09-22", "close": 53.310001, "volume": 27160, "typical_volume": 36365.55, "trend": 53.8965, "fair_value": 58.755288, "relative_strength": -1.318938, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.101579, "energy": 17.573134, "activity_lines": [ 53.680334, 53.989091, 54.312762, 54.163946 ] }, { "date": "2023-09-29", "close": 52.700001, "volume": 59972, "typical_volume": 37354.15, "trend": 53.857833, "fair_value": 58.742051, "relative_strength": -1.458087, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.759829, "energy": 26.847107, "activity_lines": [ 53.334668, 53.668637, 54.16781, 54.086753 ] }, { "date": "2023-10-06", "close": 52.25, "volume": 24175, "typical_volume": 36667.55, "trend": 53.853833, "fair_value": 58.715064, "relative_strength": -0.814098, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.783841, "energy": 38.576527, "activity_lines": [ 52.890334, 53.310364, 53.980191, 53.983022 ] }, { "date": "2023-10-13", "close": 52.349998, "volume": 18587, "typical_volume": 35012.65, "trend": 53.878833, "fair_value": 58.690192, "relative_strength": -2.009102, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.925031, "energy": 46.241374, "activity_lines": [ 52.627, 53.061909, 53.805643, 53.886 ] }, { "date": "2023-10-20", "close": 50.855, "volume": 40157, "typical_volume": 35068.25, "trend": 53.817333, "fair_value": 58.652244, "relative_strength": -2.273145, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.61014, "energy": 68.380522, "activity_lines": [ 51.942333, 52.609818, 53.491572, 53.690914 ] }, { "date": "2023-10-27", "close": 50.91, "volume": 18070, "typical_volume": 34800.35, "trend": 53.713333, "fair_value": 58.62407, "relative_strength": -0.794516, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.121805, "energy": 72.146222, "activity_lines": [ 51.481333, 52.231818, 53.195952, 53.503344 ] }, { "date": "2023-11-03", "close": 53.09, "volume": 25312, "typical_volume": 34767.75, "trend": 53.685333, "fair_value": 58.587724, "relative_strength": 1.548533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.212717, "energy": 53.580729, "activity_lines": [ 51.907, 52.289091, 53.124333, 53.463129 ] }, { "date": "2023-11-10", "close": 52.450001, "volume": 21672, "typical_volume": 31784.55, "trend": 53.635, "fair_value": 58.54484, "relative_strength": 1.057932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.037539, "energy": 39.155618, "activity_lines": [ 52.093334, 52.236909, 53.004238, 53.38343 ] }, { "date": "2023-11-17", "close": 53.939999, "volume": 47094, "typical_volume": 29025.75, "trend": 53.663334, "fair_value": 58.504263, "relative_strength": 1.863943, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.167645, "energy": 14.75337, "activity_lines": [ 52.763, 52.492273, 53.03081, 53.403108 ] }, { "date": "2023-11-24", "close": 54.169998, "volume": 26090, "typical_volume": 28034.6, "trend": 53.690167, "fair_value": 58.458237, "relative_strength": 2.394885, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.653244, "energy": 18.244454, "activity_lines": [ 53.403333, 52.781545, 53.079952, 53.435796 ] }, { "date": "2023-12-01", "close": 54.119999, "volume": 15672, "typical_volume": 27767.85, "trend": 53.709167, "fair_value": 58.407788, "relative_strength": 1.705334, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 6.88934, "energy": 19.911379, "activity_lines": [ 53.805999, 53.057454, 53.123381, 53.463527 ] }, { "date": "2023-12-08", "close": 53.439999, "volume": 14834, "typical_volume": 27485.55, "trend": 53.7325, "fair_value": 58.352147, "relative_strength": 0.099633, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 13.339505, "energy": 22.821935, "activity_lines": [ 53.767999, 53.194999, 53.110714, 53.446161 ] }, { "date": "2023-12-15", "close": 55.060001, "volume": 105768, "typical_volume": 31297.95, "trend": 53.801333, "fair_value": 58.299679, "relative_strength": 2.790026, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.871171, "energy": 36.706231, "activity_lines": [ 54.246666, 53.613636, 53.260333, 53.531806 ] }, { "date": "2023-12-22", "close": 54.700001, "volume": 32480, "typical_volume": 31532.85, "trend": 53.859667, "fair_value": 58.251923, "relative_strength": 0.469168, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 25.072357, "energy": 40.412217, "activity_lines": [ 54.431333, 53.915727, 53.386286, 53.589785 ] }, { "date": "2023-12-29", "close": 56.080002, "volume": 77405, "typical_volume": 33940.45, "trend": 53.941333, "fair_value": 58.20141, "relative_strength": 2.462222, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.848849, "energy": 51.696405, "activity_lines": [ 55.025334, 54.426, 53.650333, 53.733032 ] }, { "date": "2024-01-05", "close": 55.380001, "volume": 27615, "typical_volume": 34130.3, "trend": 53.975667, "fair_value": 58.131859, "relative_strength": 1.714936, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.143164, "energy": 55.738627, "activity_lines": [ 55.258668, 54.714, 53.839619, 53.82585 ] }, { "date": "2024-01-12", "close": 55.240002, "volume": 22953, "typical_volume": 34149.75, "trend": 53.96, "fair_value": 58.056731, "relative_strength": 2.286552, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.452336, "energy": 51.133783, "activity_lines": [ 55.361335, 54.895273, 54.004477, 53.90742 ] }, { "date": "2024-01-19", "close": 53.73, "volume": 13585, "typical_volume": 33891.9, "trend": 53.969334, "fair_value": 57.962564, "relative_strength": 1.692856, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 24.692771, "energy": 25.739353, "activity_lines": [ 54.840668, 54.76291, 54.017096, 53.892581 ] }, { "date": "2024-01-26", "close": 55.005001, "volume": 29172, "typical_volume": 33761.15, "trend": 54.000167, "fair_value": 57.892244, "relative_strength": 1.786138, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.672512, "energy": 16.56412, "activity_lines": [ 54.833668, 54.839092, 54.154643, 53.959398 ] }, { "date": "2024-02-02", "close": 54.040001, "volume": 18023, "typical_volume": 33289.8, "trend": 54.0025, "fair_value": 57.795481, "relative_strength": 0.242912, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.45685, "energy": 9.521066, "activity_lines": [ 54.484668, 54.720456, 54.193143, 53.961968 ] }, { "date": "2024-02-09", "close": 55.169998, "volume": 54034, "typical_volume": 34633.5, "trend": 53.976833, "fair_value": 57.690994, "relative_strength": 2.818591, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.594226, "energy": 21.34016, "activity_lines": [ 54.648333, 54.809637, 54.338762, 54.037291 ] }, { "date": "2024-02-16", "close": 56.169998, "volume": 64205, "typical_volume": 34845.15, "trend": 54.011833, "fair_value": 57.594135, "relative_strength": 2.642591, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 67.673309, "energy": 40.915716, "activity_lines": [ 55.159332, 55.061545, 54.570762, 54.178785 ] }, { "date": "2024-02-23", "close": 56.630001, "volume": 74885, "typical_volume": 37380.65, "trend": 53.989833, "fair_value": 57.532308, "relative_strength": 3.354949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.680379, "energy": 61.436689, "activity_lines": [ 55.761666, 55.347455, 54.830048, 54.347699 ] }, { "date": "2024-03-01", "close": 56.77, "volume": 24604, "typical_volume": 37681.5, "trend": 54.012167, "fair_value": 57.476923, "relative_strength": 3.759625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.415687, "energy": 71.206873, "activity_lines": [ 56.217333, 55.630273, 55.08181, 54.527065 ] }, { "date": "2024-03-08", "close": 57.189999, "volume": 31345, "typical_volume": 37240.9, "trend": 54.105833, "fair_value": 57.41625, "relative_strength": 4.638484, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.591635, "energy": 75.313399, "activity_lines": [ 56.695333, 55.951818, 55.352524, 54.732086 ] }, { "date": "2024-03-15", "close": 56.970001, "volume": 26328, "typical_volume": 37653.8, "trend": 54.2365, "fair_value": 57.355545, "relative_strength": 3.228691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.704796, "energy": 74.116899, "activity_lines": [ 56.89, 56.213182, 55.572119, 54.916871 ] }, { "date": "2024-03-22", "close": 56.919998, "volume": 17672, "typical_volume": 37271.8, "trend": 54.3515, "fair_value": 57.306186, "relative_strength": 0.475242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.786371, "energy": 63.239462, "activity_lines": [ 56.947999, 56.436545, 55.758095, 55.09 ] }, { "date": "2024-03-29", "close": 57.360001, "volume": 15163, "typical_volume": 36946.35, "trend": 54.448, "fair_value": 57.24782, "relative_strength": 0.939492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.797772, "energy": 61.639048, "activity_lines": [ 57.102667, 56.709363, 55.967738, 55.284097 ] }, { "date": "2024-04-05", "close": 57.75, "volume": 144894, "typical_volume": 41836.35, "trend": 54.5895, "fair_value": 57.197244, "relative_strength": 2.065997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.309055, "energy": 56.746133, "activity_lines": [ 57.338667, 56.987091, 56.191143, 55.497129 ] }, { "date": "2024-04-12", "close": 57.349998, "volume": 67900, "typical_volume": 43926.85, "trend": 54.703333, "fair_value": 57.138269, "relative_strength": 0.203456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.046631, "energy": 46.889738, "activity_lines": [ 57.375999, 57.142181, 56.358309, 55.675226 ] }, { "date": "2024-04-19", "close": 56.099998, "volume": 47381, "typical_volume": 45512.3, "trend": 54.796333, "fair_value": 57.06782, "relative_strength": -0.848567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.087662, "energy": 34.936809, "activity_lines": [ 56.985999, 57.009817, 56.391285, 55.765333 ] }, { "date": "2024-04-26", "close": 58.009998, "volume": 69414, "typical_volume": 48241.3, "trend": 54.973333, "fair_value": 57.013301, "relative_strength": -0.637309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.722453, "energy": 43.105298, "activity_lines": [ 57.290665, 57.207817, 56.596738, 55.972666 ] }, { "date": "2024-05-03", "close": 59.75, "volume": 34701, "typical_volume": 44687.95, "trend": 55.223333, "fair_value": 56.96359, "relative_strength": 1.318742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.620458, "energy": 53.970874, "activity_lines": [ 58.102665, 57.688726, 56.946142, 56.280838 ] }, { "date": "2024-05-10", "close": 59.669998, "volume": 19648, "typical_volume": 44046.35, "trend": 55.467333, "fair_value": 56.928686, "relative_strength": -1.532186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.543889, "energy": 70.554171, "activity_lines": [ 58.728665, 58.098362, 57.265595, 56.56772 ] }, { "date": "2024-05-17", "close": 61.849998, "volume": 28790, "typical_volume": 41615.6, "trend": 55.833833, "fair_value": 56.903718, "relative_strength": 2.088633, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.470431, "energy": 92.461846, "activity_lines": [ 59.953332, 58.851635, 57.768999, 56.979505 ] }, { "date": "2024-05-24", "close": 60.869999, "volume": 385628, "typical_volume": 59516.25, "trend": 56.165833, "fair_value": 56.859167, "relative_strength": 1.60951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.78233, "energy": 88.782938, "activity_lines": [ 60.551332, 59.341999, 58.151594, 57.304419 ] }, { "date": "2024-05-31", "close": 58.915001, "volume": 34228, "typical_volume": 60080.0, "trend": 56.36, "fair_value": 56.793686, "relative_strength": -1.170777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.905983, "energy": 76.330996, "activity_lines": [ 60.179666, 59.405999, 58.321856, 57.481784 ] }, { "date": "2024-06-07", "close": 59.98, "volume": 35600, "typical_volume": 61180.75, "trend": 56.611, "fair_value": 56.737628, "relative_strength": 0.958246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.205606, "energy": 55.237434, "activity_lines": [ 60.102666, 59.627363, 58.576047, 57.715333 ] }, { "date": "2024-06-14", "close": 60.220001, "volume": 36889, "typical_volume": 61566.6, "trend": 56.820333, "fair_value": 56.691699, "relative_strength": 2.559694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.103243, "energy": 47.690519, "activity_lines": [ 60.090334, 59.844727, 58.823333, 57.948172 ] }, { "date": "2024-06-21", "close": 60.689999, "volume": 35538, "typical_volume": 62442.35, "trend": 57.037666, "fair_value": 56.639968, "relative_strength": 2.165159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.802152, "energy": 44.821749, "activity_lines": [ 60.198, 60.102636, 59.090547, 58.197827 ] }, { "date": "2024-06-28", "close": 60.68, "volume": 25802, "typical_volume": 61030.75, "trend": 57.256333, "fair_value": 56.595032, "relative_strength": 2.999976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.123544, "energy": 46.831218, "activity_lines": [ 60.379667, 60.298, 59.325142, 58.432817 ] }, { "date": "2024-07-05", "close": 61.439999, "volume": 40231, "typical_volume": 59832.05, "trend": 57.523, "fair_value": 56.563269, "relative_strength": 3.769672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.307293, "energy": 50.898193, "activity_lines": [ 60.827333, 60.548272, 59.60588, 58.702731 ] }, { "date": "2024-07-12", "close": 63.009998, "volume": 28913, "typical_volume": 57533.45, "trend": 57.788, "fair_value": 56.537981, "relative_strength": 5.758309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.200744, "energy": 70.554683, "activity_lines": [ 61.629999, 61.021636, 60.011047, 59.056731 ] }, { "date": "2024-07-19", "close": 60.860001, "volume": 36202, "typical_volume": 58113.35, "trend": 57.993333, "fair_value": 56.510256, "relative_strength": 3.292832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.673051, "energy": 55.404851, "activity_lines": [ 61.514, 61.044818, 60.181071, 59.254924 ] }, { "date": "2024-07-26", "close": 60.419998, "volume": 41649, "typical_volume": 58628.55, "trend": 58.138, "fair_value": 56.485384, "relative_strength": 0.978447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.954292, "energy": 45.020665, "activity_lines": [ 61.208666, 60.966363, 60.289714, 59.411483 ] }, { "date": "2024-08-02", "close": 59.09, "volume": 71576, "typical_volume": 60890.95, "trend": 58.261666, "fair_value": 56.450897, "relative_strength": 0.146722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.931248, "energy": 24.331431, "activity_lines": [ 60.477999, 60.67209, 60.256309, 59.472903 ] }, { "date": "2024-08-09", "close": 60.130001, "volume": 35777, "typical_volume": 61796.2, "trend": 58.424666, "fair_value": 56.422468, "relative_strength": 1.95522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.667538, "energy": 19.96906, "activity_lines": [ 60.2, 60.599272, 60.311857, 59.59344 ] }, { "date": "2024-08-16", "close": 61.59, "volume": 56419, "typical_volume": 63859.0, "trend": 58.686666, "fair_value": 56.419615, "relative_strength": 2.601385, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.146335, "energy": 21.91722, "activity_lines": [ 60.496, 60.769818, 60.491166, 59.797655 ] }, { "date": "2024-08-23", "close": 62.305, "volume": 35897, "typical_volume": 58409.15, "trend": 58.929999, "fair_value": 56.404936, "relative_strength": 3.534219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.464827, "energy": 31.658246, "activity_lines": [ 61.125, 61.041091, 60.718428, 60.031096 ] }, { "date": "2024-08-30", "close": 61.669998, "volume": 11481, "typical_volume": 55588.2, "trend": 59.184333, "fair_value": 56.372308, "relative_strength": 1.864206, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.288181, "energy": 37.955021, "activity_lines": [ 61.445999, 61.159, 60.863523, 60.20787 ] }, { "date": "2024-09-06", "close": 60.169998, "volume": 52547, "typical_volume": 55846.5, "trend": 59.350999, "fair_value": 56.332692, "relative_strength": 1.702564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.832565, "energy": 32.890432, "activity_lines": [ 61.183666, 60.986363, 60.84519, 60.271462 ] }, { "date": "2024-09-13", "close": 61.48, "volume": 160604, "typical_volume": 60406.0, "trend": 59.527999, "fair_value": 56.313718, "relative_strength": 2.64691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.32609, "energy": 32.052599, "activity_lines": [ 61.285999, 61.061181, 60.932238, 60.408817 ] }, { "date": "2024-09-20", "close": 62.529999, "volume": 10424, "typical_volume": 59192.15, "trend": 59.724666, "fair_value": 56.305577, "relative_strength": 4.763071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.04205, "energy": 35.030898, "activity_lines": [ 61.648332, 61.326181, 61.102761, 60.602494 ] }, { "date": "2024-09-27", "close": 67.035004, "volume": 36165, "typical_volume": 60018.0, "trend": 60.066833, "fair_value": 56.330032, "relative_strength": 10.753492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.497198, "energy": 71.185609, "activity_lines": [ 63.449667, 62.419, 61.689095, 61.074129 ] }, { "date": "2024-10-04", "close": 67.264999, "volume": 46648, "typical_volume": 60910.9, "trend": 60.402666, "fair_value": 56.34782, "relative_strength": 11.334073, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.700114, "energy": 86.388708, "activity_lines": [ 65.012334, 63.441364, 62.262262, 61.538527 ] }, { "date": "2024-10-11", "close": 66.809998, "volume": 56906, "typical_volume": 44474.8, "trend": 60.730666, "fair_value": 56.354231, "relative_strength": 10.58983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.836766, "energy": 85.658268, "activity_lines": [ 66.050333, 64.256545, 62.766309, 61.951903 ] }, { "date": "2024-10-18", "close": 66.389999, "volume": 47258, "typical_volume": 45126.3, "trend": 61.046333, "fair_value": 56.358718, "relative_strength": 8.214364, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.206422, "energy": 84.455653, "activity_lines": [ 66.505666, 64.854999, 63.202071, 62.317021 ] }, { "date": "2024-10-25", "close": 65.529999, "volume": 65657, "typical_volume": 46629.15, "trend": 61.318666, "fair_value": 56.366731, "relative_strength": 7.958413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.704711, "energy": 77.001839, "activity_lines": [ 66.346999, 65.183272, 63.520333, 62.60629 ] }, { "date": "2024-11-01", "close": 64.809998, "volume": 32255, "typical_volume": 46397.45, "trend": 61.553999, "fair_value": 56.368461, "relative_strength": 7.491253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.271901, "energy": 49.926627, "activity_lines": [ 65.748332, 65.308999, 63.743595, 62.831537 ] }, { "date": "2024-11-08", "close": 64.75, "volume": 32658, "typical_volume": 46253.45, "trend": 61.800666, "fair_value": 56.361122, "relative_strength": 8.532506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.164293, "energy": 36.62411, "activity_lines": [ 65.277999, 65.378272, 63.939285, 63.037731 ] }, { "date": "2024-11-15", "close": 62.669998, "volume": 22707, "typical_volume": 46098.7, "trend": 62.019666, "fair_value": 56.347275, "relative_strength": 5.001106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.663844, "energy": 20.901498, "activity_lines": [ 64.281999, 65.013363, 63.917547, 63.093817 ] }, { "date": "2024-11-22", "close": 62.560001, "volume": 44927, "typical_volume": 46333.5, "trend": 62.171333, "fair_value": 56.352981, "relative_strength": 2.20883, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.12381, "energy": 21.504829, "activity_lines": [ 63.525333, 64.582999, 63.875857, 63.128677 ] }, { "date": "2024-11-29", "close": 62.810001, "volume": 37525, "typical_volume": 46764.1, "trend": 62.273333, "fair_value": 56.357404, "relative_strength": 2.201436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.238111, "energy": 21.235247, "activity_lines": [ 63.107333, 64.178454, 63.852642, 63.169881 ] }, { "date": "2024-12-06", "close": 64.360001, "volume": 82333, "typical_volume": 49070.65, "trend": 62.429666, "fair_value": 56.36407, "relative_strength": 4.273273, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.790631, "energy": 21.467219, "activity_lines": [ 63.387334, 64.050636, 63.978, 63.304505 ] }, { "date": "2024-12-13", "close": 64.239998, "volume": 31941, "typical_volume": 48585.25, "trend": 62.509333, "fair_value": 56.378814, "relative_strength": 4.055733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.977287, "energy": 12.955928, "activity_lines": [ 63.657333, 63.949636, 64.075261, 63.421301 ] }, { "date": "2024-12-20", "close": 63.150002, "volume": 78296, "typical_volume": 48921.25, "trend": 62.585333, "fair_value": 56.385545, "relative_strength": 4.828229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.441437, "energy": 7.108651, "activity_lines": [ 63.598001, 63.705455, 64.050524, 63.462634 ] }, { "date": "2024-12-27", "close": 63.325001, "volume": 11683, "typical_volume": 47716.55, "trend": 62.732333, "fair_value": 56.386346, "relative_strength": 4.138463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.615674, "energy": 11.083733, "activity_lines": [ 63.565001, 63.559637, 64.023119, 63.510355 ] }, { "date": "2025-01-03", "close": 62.91, "volume": 29606, "typical_volume": 46375.9, "trend": 62.83, "fair_value": 56.387372, "relative_strength": 2.404425, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.608902, "energy": 6.907746, "activity_lines": [ 63.342667, 63.394091, 63.940976, 63.521817 ] }, { "date": "2025-01-10", "close": 60.950001, "volume": 89705, "typical_volume": 49066.3, "trend": 62.854333, "fair_value": 56.36359, "relative_strength": -1.11753, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.885875, "energy": 42.453122, "activity_lines": [ 62.460334, 62.919819, 63.665881, 63.400527 ] }, { "date": "2025-01-17", "close": 62.639999, "volume": 35761, "typical_volume": 50280.3, "trend": 62.919333, "fair_value": 56.353782, "relative_strength": -1.484594, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.873741, "energy": 35.934176, "activity_lines": [ 62.368667, 62.823, 63.55819, 63.386699 ] }, { "date": "2025-01-24", "close": 63.599998, "volume": 27270, "typical_volume": 49016.45, "trend": 63.016666, "fair_value": 56.367243, "relative_strength": -0.012834, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.442593, "energy": 25.075649, "activity_lines": [ 62.703666, 62.939091, 63.537309, 63.430613 ] }, { "date": "2025-01-31", "close": 64.0, "volume": 97019, "typical_volume": 45837.2, "trend": 63.102, "fair_value": 56.37109, "relative_strength": -1.446011, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 26.143838, "energy": 15.023488, "activity_lines": [ 63.141999, 63.111, 63.53819, 63.494054 ] }, { "date": "2025-02-07", "close": 64.209999, "volume": 51277, "typical_volume": 47879.85, "trend": 63.142, "fair_value": 56.368654, "relative_strength": -1.447731, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.687811, "energy": 17.500874, "activity_lines": [ 63.605333, 63.294909, 63.547071, 63.565537 ] }, { "date": "2025-02-14", "close": 65.220001, "volume": 65098, "typical_volume": 49326.5, "trend": 63.287333, "fair_value": 56.378397, "relative_strength": -0.311698, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.913609, "energy": 29.833566, "activity_lines": [ 64.318666, 63.637, 63.644143, 63.699602 ] }, { "date": "2025-02-21", "close": 66.790001, "volume": 23423, "typical_volume": 48165.25, "trend": 63.499666, "fair_value": 56.413269, "relative_strength": 2.853603, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 65.794064, "energy": 55.462296, "activity_lines": [ 65.270667, 64.248909, 63.899381, 63.925581 ] }, { "date": "2025-02-28", "close": 63.580002, "volume": 34069, "typical_volume": 47023.4, "trend": 63.649333, "fair_value": 56.447275, "relative_strength": -3.717486, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.435199, "energy": 40.654939, "activity_lines": [ 64.876001, 64.230819, 63.851167, 63.930763 ] }, { "date": "2025-03-07", "close": 65.235001, "volume": 66461, "typical_volume": 47983.55, "trend": 63.8195, "fair_value": 56.505032, "relative_strength": 0.253382, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.186428, "energy": 44.37031, "activity_lines": [ 65.034334, 64.505819, 63.975953, 64.033065 ] }, { "date": "2025-03-14", "close": 65.540001, "volume": 66347, "typical_volume": 48018.05, "trend": 63.951167, "fair_value": 56.54516, "relative_strength": 1.220402, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.523691, "energy": 36.614372, "activity_lines": [ 65.212001, 64.801546, 64.135286, 64.144065 ] }, { "date": "2025-03-21", "close": 65.75, "volume": 61177, "typical_volume": 49464.15, "trend": 64.066, "fair_value": 56.589776, "relative_strength": 1.263591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.863441, "energy": 30.190866, "activity_lines": [ 65.371001, 65.087637, 64.314572, 64.260118 ] }, { "date": "2025-03-28", "close": 64.860001, "volume": 65766, "typical_volume": 51119.55, "trend": 64.172333, "fair_value": 56.620609, "relative_strength": -0.317646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.71865, "energy": 28.277157, "activity_lines": [ 65.198001, 65.124637, 64.40462, 64.311344 ] }, { "date": "2025-04-04", "close": 60.330002, "volume": 70628, "typical_volume": 53515.6, "trend": 64.177667, "fair_value": 56.626635, "relative_strength": -0.376734, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.564809, "energy": 18.234461, "activity_lines": [ 63.643668, 64.297637, 64.062715, 64.063452 ] }, { "date": "2025-04-11", "close": 61.0, "volume": 82513, "typical_volume": 55394.9, "trend": 64.161667, "fair_value": 56.643109, "relative_strength": 1.751411, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -57.371399, "energy": 35.676284, "activity_lines": [ 62.529334, 63.65191, 63.795762, 63.858441 ] }, { "date": "2025-04-18", "close": 62.419998, "volume": 34141, "typical_volume": 55225.7, "trend": 64.158, "fair_value": 56.68266, "relative_strength": 0.089037, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.204171, "energy": 39.640781, "activity_lines": [ 62.170667, 63.318909, 63.671477, 63.746076 ] }, { "date": "2025-04-25", "close": 64.129997, "volume": 49535, "typical_volume": 53585.8, "trend": 64.061167, "fair_value": 56.731122, "relative_strength": 0.997835, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.845524, "energy": 32.286386, "activity_lines": [ 62.589999, 63.329363, 63.711905, 63.744269 ] }, { "date": "2025-05-02", "close": 66.285004, "volume": 23143, "typical_volume": 53145.9, "trend": 64.0285, "fair_value": 56.808269, "relative_strength": 2.079036, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -2.479685, "energy": 3.15301, "activity_lines": [ 63.835667, 63.751455, 63.958667, 63.887742 ] }, { "date": "2025-05-09", "close": 66.540001, "volume": 64787, "typical_volume": 52470.45, "trend": 64.0195, "fair_value": 56.893526, "relative_strength": 2.786079, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.691355, "energy": 33.313211, "activity_lines": [ 65.071334, 64.229091, 64.219977, 64.049775 ] }, { "date": "2025-05-16", "close": 68.169998, "volume": 32039, "typical_volume": 53488.25, "trend": 64.078833, "fair_value": 56.983974, "relative_strength": 3.597369, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.434296, "energy": 55.558873, "activity_lines": [ 66.436333, 64.949273, 64.620381, 64.317549 ] }, { "date": "2025-05-23", "close": 68.120003, "volume": 21467, "typical_volume": 53081.3, "trend": 64.165167, "fair_value": 57.068461, "relative_strength": 2.995253, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.33391, "energy": 69.311708, "activity_lines": [ 67.306668, 65.607001, 64.992953, 64.578269 ] }, { "date": "2025-05-30", "close": 67.150002, "volume": 49148, "typical_volume": 51053.45, "trend": 64.243167, "fair_value": 57.14282, "relative_strength": 0.762281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.599672, "energy": 69.090475, "activity_lines": [ 67.473668, 66.041455, 65.248334, 64.770839 ] }, { "date": "2025-06-06", "close": 68.839996, "volume": 28594, "typical_volume": 50695.1, "trend": 64.3795, "fair_value": 57.2325, "relative_strength": 2.39919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.504963, "energy": 72.443664, "activity_lines": [ 68.002666, 66.757727, 65.635143, 65.067409 ] }, { "date": "2025-06-13", "close": 69.199997, "volume": 93276, "typical_volume": 53995.4, "trend": 64.597167, "fair_value": 57.335064, "relative_strength": 2.676177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.711595, "energy": 68.836223, "activity_lines": [ 68.481332, 67.46709, 66.026714, 65.378409 ] }, { "date": "2025-06-20", "close": 68.230003, "volume": 66209, "typical_volume": 52454.9, "trend": 64.786167, "fair_value": 57.424102, "relative_strength": 2.007406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.789874, "energy": 50.689643, "activity_lines": [ 68.459333, 67.838818, 66.299238, 65.612785 ] }, { "date": "2025-06-27", "close": 70.730003, "volume": 53590, "typical_volume": 52570.55, "trend": 65.050167, "fair_value": 57.534359, "relative_strength": 5.293232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.865534, "energy": 61.00892, "activity_lines": [ 69.266667, 68.533637, 66.789715, 65.996258 ] }, { "date": "2025-07-04", "close": 71.110001, "volume": 30045, "typical_volume": 50817.9, "trend": 65.275167, "fair_value": 57.643654, "relative_strength": 5.419447, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.510787, "energy": 74.362439, "activity_lines": [ 70.026668, 69.146455, 67.285334, 66.387215 ] }, { "date": "2025-07-11", "close": 70.839996, "volume": 49830, "typical_volume": 52138.25, "trend": 65.495167, "fair_value": 57.766282, "relative_strength": 3.555804, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.934579, "energy": 80.158298, "activity_lines": [ 70.432666, 69.583273, 67.727191, 66.746237 ] }, { "date": "2025-07-18", "close": 72.410004, "volume": 48981, "typical_volume": 52883.85, "trend": 65.803834, "fair_value": 57.890385, "relative_strength": 5.094587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.758265, "energy": 88.630032, "activity_lines": [ 71.228668, 70.222728, 68.299286, 67.192355 ] }, { "date": "2025-07-25", "close": 72.559998, "volume": 34193, "typical_volume": 51270.45, "trend": 66.111667, "fair_value": 58.014936, "relative_strength": 3.659259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.609391, "energy": 89.123429, "activity_lines": [ 71.860667, 70.782727, 68.843619, 67.628237 ] }, { "date": "2025-08-01", "close": 70.900002, "volume": 38275, "typical_volume": 49866.85, "trend": 66.378, "fair_value": 58.126987, "relative_strength": 1.714917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.221421, "energy": 78.977515, "activity_lines": [ 71.650667, 70.961091, 69.194977, 67.937162 ] }, { "date": "2025-08-08", "close": 72.510002, "volume": 49501, "typical_volume": 49283.05, "trend": 66.763334, "fair_value": 58.242115, "relative_strength": 3.556591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.942306, "energy": 59.025274, "activity_lines": [ 71.966001, 71.381637, 69.674143, 68.332775 ] }, { "date": "2025-08-15", "close": 73.5, "volume": 180611, "typical_volume": 55025.3, "trend": 67.125334, "fair_value": 58.369968, "relative_strength": 4.309526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.298541, "energy": 60.362609, "activity_lines": [ 72.518001, 71.884728, 70.215405, 68.767398 ] }, { "date": "2025-08-22", "close": 74.654999, "volume": 57562, "typical_volume": 54372.0, "trend": 67.493834, "fair_value": 58.500385, "relative_strength": 3.737882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.184083, "energy": 63.040657, "activity_lines": [ 73.277667, 72.513091, 70.825524, 69.253183 ] }, { "date": "2025-08-29", "close": 73.535004, "volume": 40753, "typical_volume": 52284.0, "trend": 67.811667, "fair_value": 58.631699, "relative_strength": 3.507575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.289331, "energy": 58.309179, "activity_lines": [ 73.514335, 72.838637, 71.260763, 69.642936 ] }, { "date": "2025-09-05", "close": 74.279999, "volume": 86591, "typical_volume": 54906.5, "trend": 68.147334, "fair_value": 58.770032, "relative_strength": 4.134435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.110871, "energy": 64.411273, "activity_lines": [ 73.934334, 73.203182, 71.707262, 70.060248 ] }, { "date": "2025-09-12", "close": 76.550003, "volume": 121790, "typical_volume": 58519.25, "trend": 68.525001, "fair_value": 58.931699, "relative_strength": 6.233774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.501201, "energy": 74.467182, "activity_lines": [ 74.885668, 73.91591, 72.313477, 70.602355 ] }, { "date": "2025-09-19", "close": 77.599998, "volume": 82620, "typical_volume": 61493.1, "trend": 68.885334, "fair_value": 59.112949, "relative_strength": 8.24873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.685504, "energy": 83.019961, "activity_lines": [ 75.917667, 74.720637, 72.960548, 71.187839 ] }, { "date": "2025-09-26", "close": 76.940002, "volume": 61267, "typical_volume": 61317.1, "trend": 69.330667, "fair_value": 59.297083, "relative_strength": 6.48022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.699427, "energy": 83.376456, "activity_lines": [ 76.456334, 75.282455, 73.490882, 71.707495 ] }, { "date": "2025-10-03", "close": 79.110001, "volume": 294904, "typical_volume": 74460.35, "trend": 69.793167, "fair_value": 59.490801, "relative_strength": 7.045337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.207182, "energy": 89.368061, "activity_lines": [ 77.566001, 76.156455, 74.178358, 72.33842 ] }, { "date": "2025-10-10", "close": 76.599998, "volume": 134425, "typical_volume": 80108.25, "trend": 70.161834, "fair_value": 59.680897, "relative_strength": 4.342548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.866364, "energy": 61.028376, "activity_lines": [ 77.467333, 76.455, 74.574691, 72.77757 ] }, { "date": "2025-10-17", "close": 78.260002, "volume": 86664, "typical_volume": 81984.05, "trend": 70.578834, "fair_value": 59.876538, "relative_strength": 7.322429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.659501, "energy": 59.45572, "activity_lines": [ 77.767334, 76.951728, 75.088739, 73.300033 ] }, { "date": "2025-10-24", "close": 79.300003, "volume": 93908, "typical_volume": 85249.75, "trend": 71.060167, "fair_value": 60.088365, "relative_strength": 5.395713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.407644, "energy": 61.173158, "activity_lines": [ 78.300001, 77.533001, 75.648929, 73.862689 ] }, { "date": "2025-10-31", "close": 79.18, "volume": 83473, "typical_volume": 84759.6, "trend": 71.6885, "fair_value": 60.283494, "relative_strength": 4.402413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.966405, "energy": 57.178423, "activity_lines": [ 78.679334, 77.987001, 76.147882, 74.386549 ] }, { "date": "2025-11-07", "close": 78.169998, "volume": 76341, "typical_volume": 85266.2, "trend": 72.260834, "fair_value": 60.457917, "relative_strength": 3.426787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.395921, "energy": 56.76237, "activity_lines": [ 78.572667, 78.175091, 76.50312, 74.80471 ] }, { "date": "2025-11-14", "close": 79.470001, "volume": 70406, "typical_volume": 86107.0, "trend": 72.829167, "fair_value": 60.639776, "relative_strength": 4.866445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.006668, "energy": 58.245377, "activity_lines": [ 78.962, 78.515273, 76.934834, 75.269818 ] }, { "date": "2025-11-21", "close": 76.239998, "volume": 299854, "typical_volume": 99597.45, "trend": 73.232834, "fair_value": 60.802532, "relative_strength": 2.172252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.612658, "energy": 38.335703, "activity_lines": [ 78.083333, 78.173818, 77.01731, 75.489871 ] }, { "date": "2025-11-28", "close": 78.220001, "volume": 34016, "typical_volume": 98806.75, "trend": 73.630667, "fair_value": 60.961955, "relative_strength": 2.757796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.664842, "energy": 31.840006, "activity_lines": [ 77.999333, 78.198, 77.263929, 75.811624 ] }, { "date": "2025-12-05", "close": 78.629997, "volume": 66053, "typical_volume": 99660.35, "trend": 74.033667, "fair_value": 61.125929, "relative_strength": 3.769292, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.251722, "energy": 31.698081, "activity_lines": [ 78.123999, 78.285454, 77.514452, 76.134162 ] }, { "date": "2025-12-12", "close": 77.800003, "volume": 117270, "typical_volume": 103814.2, "trend": 74.354667, "fair_value": 61.290801, "relative_strength": 2.783886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.838322, "energy": 23.17657, "activity_lines": [ 78.008667, 78.191273, 77.65631, 76.377151 ] }, { "date": "2025-12-19", "close": 78.43, "volume": 184869, "typical_volume": 111143.9, "trend": 74.698334, "fair_value": 61.460545, "relative_strength": 0.987669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.009262, "energy": 29.254564, "activity_lines": [ 78.128, 78.235455, 77.833215, 76.640076 ] }, { "date": "2025-12-26", "close": 79.080002, "volume": 53579, "typical_volume": 111347.8, "trend": 75.096, "fair_value": 61.632404, "relative_strength": 2.039673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.792216, "energy": 37.045623, "activity_lines": [ 78.533334, 78.364546, 78.036167, 76.922764 ] }, { "date": "2026-01-02", "close": 80.669998, "volume": 68300, "typical_volume": 105732.25, "trend": 75.490334, "fair_value": 61.801571, "relative_strength": 3.134836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.695389, "energy": 48.161818, "activity_lines": [ 79.279333, 78.767818, 78.359262, 77.282377 ] }, { "date": "2026-01-09", "close": 81.300003, "volume": 137152, "typical_volume": 109711.75, "trend": 75.893667, "fair_value": 61.964263, "relative_strength": 1.99922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.565126, "energy": 71.08068, "activity_lines": [ 80.072001, 79.260728, 78.708215, 77.657194 ] }, { "date": "2026-01-16", "close": 82.120003, "volume": 669055, "typical_volume": 141126.85, "trend": 76.356667, "fair_value": 62.126763, "relative_strength": 1.750069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.152397, "energy": 81.893048, "activity_lines": [ 80.960002, 79.864183, 79.10362, 78.058893 ] }, { "date": "2026-01-23", "close": 83.169998, "volume": 76229, "typical_volume": 140608.75, "trend": 76.771334, "fair_value": 62.293782, "relative_strength": 3.802635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.485285, "energy": 86.938561, "activity_lines": [ 81.910001, 80.586728, 79.558143, 78.498463 ] }, { "date": "2026-01-30", "close": 83.379997, "volume": 66512, "typical_volume": 137844.85, "trend": 77.180334, "fair_value": 62.471603, "relative_strength": 3.054367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.450078, "energy": 86.323508, "activity_lines": [ 82.613999, 81.280182, 79.990333, 78.924828 ] }, { "date": "2026-02-06", "close": 83.989998, "volume": 178973, "typical_volume": 142662.5, "trend": 77.618667, "fair_value": 62.66, "relative_strength": 2.165142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.516708, "energy": 83.166374, "activity_lines": [ 83.234665, 81.954727, 80.448095, 79.364161 ] }, { "date": "2026-02-13", "close": 84.809998, "volume": 68748, "typical_volume": 143036.55, "trend": 78.032, "fair_value": 62.857821, "relative_strength": 2.244928, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.159459, "energy": 80.536593, "activity_lines": [ 83.907331, 82.673454, 80.953523, 79.828118 ] }, { "date": "2026-02-20", "close": 85.245003, "volume": 58688, "typical_volume": 131225.75, "trend": 78.454834, "fair_value": 63.069327, "relative_strength": 0.392531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.564627, "energy": 81.954006, "activity_lines": [ 84.491, 83.358909, 81.462905, 80.293473 ] }, { "date": "2026-02-27", "close": 85.290001, "volume": 149483, "typical_volume": 131978.65, "trend": 78.9345, "fair_value": 63.270801, "relative_strength": -1.756603, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.887471, "energy": 71.357081, "activity_lines": [ 84.881334, 83.917182, 81.947357, 80.734452 ] }, { "date": "2026-03-06", "close": 80.059998, "volume": 993523, "typical_volume": 177321.6, "trend": 79.186167, "fair_value": 63.448301, "relative_strength": -2.233133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.410596, "energy": 37.822225, "activity_lines": [ 83.387, 83.399818, 81.892333, 80.807065 ] }, { "date": "2026-03-13", "close": 79.349998, "volume": 143786, "typical_volume": 179815.5, "trend": 79.381167, "fair_value": 63.626186, "relative_strength": -2.910275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.879397, "energy": 15.335304, "activity_lines": [ 81.877333, 82.735545, 81.761119, 80.817634 ] }, { "date": "2026-03-20", "close": 77.480003, "volume": 73450, "typical_volume": 179314.35, "trend": 79.475334, "fair_value": 63.785032, "relative_strength": -1.969998, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.253035, "energy": 19.65115, "activity_lines": [ 80.053667, 81.755273, 81.451571, 80.694979 ] }, { "date": "2026-03-27", "close": 77.209999, "volume": 95559, "typical_volume": 180275.25, "trend": 79.597833, "fair_value": 63.933622, "relative_strength": -2.852785, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.403115, "energy": 37.265441, "activity_lines": [ 78.628667, 80.795363, 81.124405, 80.548828 ] }, { "date": "2026-04-03", "close": 78.919998, "volume": 161325, "typical_volume": 184821.2, "trend": 79.7525, "fair_value": 64.093814, "relative_strength": -5.179225, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.716439, "energy": 25.764815, "activity_lines": [ 78.309333, 80.235636, 80.964666, 80.505097 ] }, { "date": "2026-04-10", "close": 83.510002, "volume": 172350, "typical_volume": 178446.0, "trend": 79.9845, "fair_value": 64.283237, "relative_strength": -1.270667, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 0.934189, "energy": 10.267347, "activity_lines": [ 79.944667, 80.587727, 81.24469, 80.747516 ] }, { "date": "2026-04-17", "close": 86.989998, "volume": 73462, "typical_volume": 180418.3, "trend": 80.2975, "fair_value": 64.500545, "relative_strength": 2.04613, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.073716, "energy": 24.459448, "activity_lines": [ 82.51, 81.570181, 81.821524, 81.199484 ] }, { "date": "2026-04-24", "close": 86.059998, "volume": 135430, "typical_volume": 183887.15, "trend": 80.6015, "fair_value": 64.710128, "relative_strength": 3.594054, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.287469, "energy": 38.044006, "activity_lines": [ 84.255999, 82.328999, 82.268023, 81.571258 ] }, { "date": "2026-05-01", "close": 86.589996, "volume": 74231, "typical_volume": 181735.2, "trend": 80.850833, "fair_value": 64.921923, "relative_strength": 4.223587, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.928655, "energy": 50.227008, "activity_lines": [ 85.606665, 83.161453, 82.729618, 81.957612 ] }, { "date": "2026-05-08", "close": 88.739998, "volume": 205187, "typical_volume": 182751.1, "trend": 81.2555, "fair_value": 65.152692, "relative_strength": 7.945258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.328806, "energy": 68.014337, "activity_lines": [ 87.048664, 84.360362, 83.354118, 82.466591 ] }, { "date": "2026-05-15", "close": 85.769997, "volume": 124851, "typical_volume": 186314.7, "trend": 81.505833, "fair_value": 65.362788, "relative_strength": 4.577309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.209903, "energy": 58.921107, "activity_lines": [ 86.845997, 84.956544, 83.646665, 82.757849 ] }, { "date": "2026-05-22", "close": 86.040001, "volume": 196120, "typical_volume": 192705.7, "trend": 81.730499, "fair_value": 65.574904, "relative_strength": 2.091902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.229709, "energy": 44.104392, "activity_lines": [ 86.582665, 85.497999, 83.93307, 83.050376 ] }, { "date": "2026-05-29", "close": 87.699997, "volume": 90944, "typical_volume": 190395.3, "trend": 82.014499, "fair_value": 65.793301, "relative_strength": 4.439244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.708057, "energy": 37.540558, "activity_lines": [ 86.935998, 86.219635, 84.351999, 83.435504 ] }, { "date": "2026-06-05", "close": 85.970001, "volume": 17454, "typical_volume": 157815.25, "trend": 82.2745, "fair_value": 65.995994, "relative_strength": 2.662869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.296663, "energy": 30.02571, "activity_lines": [ 86.603333, 86.440908, 84.575689, 83.690698 ] }, { "date": "2026-06-12", "close": 87.239998, "volume": 13330, "typical_volume": 154670.3, "trend": 82.533499, "fair_value": 66.198109, "relative_strength": 3.023096, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.089606, "energy": 31.161814, "activity_lines": [ 86.735332, 86.733817, 84.901999, 84.011053 ] }, { "date": "2026-06-19", "close": 88.470001, "volume": 7512, "typical_volume": 151720.3, "trend": 82.941166, "fair_value": 66.422596, "relative_strength": 5.377714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.895292, "energy": 35.455172, "activity_lines": [ 87.377333, 87.09909, 85.32607, 84.394053 ] }, { "date": "2026-06-26", "close": 85.669998, "volume": 27886, "typical_volume": 144165.95, "trend": 83.189499, "fair_value": 66.625096, "relative_strength": 0.610115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.678198, "energy": 27.328185, "activity_lines": [ 86.905999, 86.86509, 85.459237, 84.570107 ] }, { "date": "2026-07-03", "close": 87.660004, "volume": 39492, "typical_volume": 142703.15, "trend": 83.4905, "fair_value": 66.841058, "relative_strength": 1.262906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.34915, "energy": 43.38879, "activity_lines": [ 87.122667, 87.016909, 85.773928, 84.858526 ] }, { "date": "2026-07-10", "close": 87.82, "volume": 109224, "typical_volume": 145229.95, "trend": 83.8245, "fair_value": 67.045417, "relative_strength": 3.095365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.936088, "energy": 46.695338, "activity_lines": [ 87.395334, 87.168727, 86.090285, 85.137849 ] }, { "date": "2026-07-17", "close": 84.699997, "volume": 127491, "typical_volume": 144130.35, "trend": 84.033499, "fair_value": 67.235032, "relative_strength": -1.519868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.162818, "energy": 17.729812, "activity_lines": [ 86.504666, 86.730909, 86.097237, 85.194333 ] }, { "date": "2026-07-24", "close": 85.5, "volume": 71678, "typical_volume": 98038.1, "trend": 84.247499, "fair_value": 67.415865, "relative_strength": -1.84895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.699922, "energy": 16.626232, "activity_lines": [ 86.05, 86.512, 86.18319, 85.288946 ] }, { "date": "2026-07-31", "close": 86.339996, "volume": 154738, "typical_volume": 98585.7, "trend": 84.436499, "fair_value": 67.609711, "relative_strength": -2.116835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.268938, "energy": 15.440161, "activity_lines": [ 86.073332, 86.450726, 86.323237, 85.423945 ] }, { "date": "2026-08-07", "close": 88.900002, "volume": 278728, "typical_volume": 108849.6, "trend": 84.689833, "fair_value": 67.830993, "relative_strength": 0.436722, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.281925, "energy": 26.161069, "activity_lines": [ 86.905333, 86.849454, 86.673809, 85.711913 ] } ], "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." } } }