{ "ticker": { "uuid": "d1dc9643-af13-4d3f-a6ab-a9a7b86e1ff5", "symbol": "EESM", "name": "BNP Paribas Easy MSCI Europe Small Caps SRI PAB UCITS ETF Capitalisation", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.06, "architecture_energy": 87.08, "architecture_maturity": 32.09, "architecture_confidence": 77.923, "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": 4.2, "rotation_up": 79.55, "upward_expansion": 95.12, "deceleration": 42.05, "rotation_down": 11.55, "downward_expansion": 19.45 }, "activity_lines": [ 338.669999, 334.647272, 330.249523, 325.55957 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 345.700012, "trend_reference": 321.246667, "distance_from_trend": 0.07612, "trend_direction": "Improving", "fair_value": 288.467948, "distance_from_fair_value": 0.1984, "fair_value_direction": "Improving", "relative_strength": 2.359512, "relative_strength_direction": "Weakening", "price_momentum": 0.08285, "excess_performance": 0.018211, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07612, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032289, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.1984, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.055076, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.023595, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.021394, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.08285, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 5.375133, "read": "Demand-led" } ], "volume": { "latest": 275, "relative_activity": 0.234702, "balance": 5.375133, "dry_up": 3.155245, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.020783, "annualized_volatility": 0.155991, "from_high_reference": -0.003603, "from_low_reference": 0.208741 }, "levels": { "trend_reference": 321.246667, "fair_value_reference": 288.467948, "structural_low": 286.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 27, "median_return": -0.003158, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.001431, "regime_survival": 0.703704, "best_return": 0.071375, "worst_return": -0.078888, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.015894, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.015352, "regime_survival": 0.4, "best_return": 0.070625, "worst_return": -0.059894, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.007634, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.019138, "regime_survival": 0.166667, "best_return": 0.095678, "worst_return": -0.06837, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.048392, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.063734, "regime_survival": 0.25, "best_return": 0.10181, "worst_return": -0.188068, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.006756, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": 0.012909, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": -0.028405, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": 0.010123, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": 0.105563, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.020298, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-08-15", "tenure": "Established", "return": 0.001832, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-10-31", "tenure": "Developing", "return": -0.017845, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2026-01-09", "tenure": "Developing", "return": 0.079584, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-13", "tenure": "Developing", "return": -0.057344, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.00768, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.035282, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-08", "tenure": "New", "return": -0.011938, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.082511, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 248.0, "volume": 72, "typical_volume": 627.3, "trend": 257.93, "fair_value": 273.386218, "relative_strength": -6.676949, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -62.923587, "energy": 29.868823, "activity_lines": [ 254.280003, 254.914546, 256.489523, 256.761075 ] }, { "date": "2023-08-25", "close": 249.100006, "volume": 23, "typical_volume": 615.4, "trend": 257.418333, "fair_value": 273.492628, "relative_strength": -6.207282, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.773811, "energy": 56.031185, "activity_lines": [ 251.920004, 253.82182, 255.685952, 256.191397 ] }, { "date": "2023-09-01", "close": 253.399994, "volume": 100, "typical_volume": 612.95, "trend": 256.931667, "fair_value": 273.655769, "relative_strength": -5.50504, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.231327, "energy": 54.364533, "activity_lines": [ 251.680001, 253.723637, 255.3, 255.93215 ] }, { "date": "2023-09-08", "close": 249.199997, "volume": 81, "typical_volume": 613.05, "trend": 256.364999, "fair_value": 273.78782, "relative_strength": -6.102997, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.966101, "energy": 60.93011, "activity_lines": [ 250.529999, 252.792727, 254.54238, 255.433332 ] }, { "date": "2023-09-15", "close": 250.649994, "volume": 167, "typical_volume": 613.2, "trend": 255.846665, "fair_value": 273.901282, "relative_strength": -6.109029, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.708122, "energy": 49.013893, "activity_lines": [ 250.429997, 252.212726, 253.969523, 255.064622 ] }, { "date": "2023-09-22", "close": 246.0, "volume": 123, "typical_volume": 584.1, "trend": 255.354999, "fair_value": 274.0375, "relative_strength": -5.559484, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.123255, "energy": 51.831771, "activity_lines": [ 249.073331, 250.764545, 253.016428, 254.429354 ] }, { "date": "2023-09-29", "close": 244.0, "volume": 350, "typical_volume": 389.6, "trend": 254.654999, "fair_value": 274.106731, "relative_strength": -5.015237, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.580313, "energy": 63.992133, "activity_lines": [ 247.183331, 249.141817, 251.96238, 253.696773 ] }, { "date": "2023-10-06", "close": 238.149994, "volume": 136, "typical_volume": 331.3, "trend": 254.074999, "fair_value": 274.1, "relative_strength": -6.088686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.643101, "energy": 77.126618, "activity_lines": [ 243.68333, 246.735453, 250.438808, 252.631934 ] }, { "date": "2023-10-13", "close": 236.300003, "volume": 105, "typical_volume": 320.35, "trend": 253.778332, "fair_value": 274.10609, "relative_strength": -6.313407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.441324, "energy": 85.535945, "activity_lines": [ 240.583332, 244.403635, 248.86119, 251.48516 ] }, { "date": "2023-10-20", "close": 227.050003, "volume": 1737, "typical_volume": 387.0, "trend": 253.264999, "fair_value": 274.046795, "relative_strength": -7.384633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.863416, "energy": 95.021782, "activity_lines": [ 235.260001, 240.77909, 246.497381, 249.760752 ] }, { "date": "2023-10-27", "close": 223.600006, "volume": 151, "typical_volume": 378.05, "trend": 252.273332, "fair_value": 274.058013, "relative_strength": -7.836172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.046479, "energy": 95.597614, "activity_lines": [ 230.360003, 237.036364, 243.960953, 247.846881 ] }, { "date": "2023-11-03", "close": 239.149994, "volume": 415, "typical_volume": 321.2, "trend": 251.884999, "fair_value": 274.079166, "relative_strength": -4.4817, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.978491, "energy": 82.732795, "activity_lines": [ 232.136667, 236.564545, 243.077381, 247.000214 ] }, { "date": "2023-11-10", "close": 236.899994, "volume": 430, "typical_volume": 331.45, "trend": 251.136665, "fair_value": 273.995833, "relative_strength": -5.391872, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.290557, "energy": 58.448065, "activity_lines": [ 233.486665, 235.864544, 242.082618, 246.03344 ] }, { "date": "2023-11-17", "close": 247.699997, "volume": 1104, "typical_volume": 373.1, "trend": 250.759998, "fair_value": 273.947436, "relative_strength": -5.141744, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.374002, "energy": 31.149175, "activity_lines": [ 238.519997, 237.42818, 242.176904, 245.811719 ] }, { "date": "2023-11-24", "close": 249.25, "volume": 577, "typical_volume": 387.65, "trend": 250.274999, "fair_value": 273.902564, "relative_strength": -4.980004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.028242, "energy": 24.520455, "activity_lines": [ 243.309998, 239.300908, 242.448809, 245.7143 ] }, { "date": "2023-12-01", "close": 254.199997, "volume": 689, "typical_volume": 367.45, "trend": 249.921665, "fair_value": 273.85673, "relative_strength": -5.042453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.960794, "energy": 24.782596, "activity_lines": [ 248.269997, 242.099089, 243.192856, 245.967526 ] }, { "date": "2023-12-08", "close": 259.299988, "volume": 72, "typical_volume": 347.2, "trend": 249.818332, "fair_value": 273.899359, "relative_strength": -5.006663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 41.495184, "energy": 45.878381, "activity_lines": [ 252.889994, 245.675451, 244.433093, 246.572579 ] }, { "date": "2023-12-15", "close": 266.149994, "volume": 1360, "typical_volume": 408.5, "trend": 249.896665, "fair_value": 273.925641, "relative_strength": -2.269061, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.968352, "energy": 68.063336, "activity_lines": [ 258.449994, 250.219087, 246.326188, 247.626234 ] }, { "date": "2023-12-22", "close": 269.5, "volume": 165, "typical_volume": 405.35, "trend": 250.339998, "fair_value": 273.955769, "relative_strength": -0.601231, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.21455, "energy": 76.207347, "activity_lines": [ 263.176662, 254.862723, 248.512616, 248.890966 ] }, { "date": "2023-12-29", "close": 270.5, "volume": 249, "typical_volume": 405.3, "trend": 250.696665, "fair_value": 273.959295, "relative_strength": -0.323181, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 53.206515, "energy": 81.403148, "activity_lines": [ 266.78333, 259.084542, 250.738093, 250.191611 ] }, { "date": "2024-01-05", "close": 263.799988, "volume": 549, "typical_volume": 429.15, "trend": 250.833331, "fair_value": 273.883974, "relative_strength": -1.671783, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.463382, "energy": 84.672731, "activity_lines": [ 266.739994, 261.298177, 252.251901, 251.036987 ] }, { "date": "2024-01-12", "close": 264.950012, "volume": 723, "typical_volume": 464.15, "trend": 250.971665, "fair_value": 273.840064, "relative_strength": -1.725716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.339887, "energy": 76.29905, "activity_lines": [ 266.44, 262.989998, 253.799998, 251.94774 ] }, { "date": "2024-01-19", "close": 257.350006, "volume": 124, "typical_volume": 465.35, "trend": 251.229999, "fair_value": 273.738141, "relative_strength": -3.477271, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.553064, "energy": 49.875985, "activity_lines": [ 263.230003, 262.830909, 254.548808, 252.359246 ] }, { "date": "2024-01-26", "close": 266.149994, "volume": 331, "typical_volume": 477.85, "trend": 251.634999, "fair_value": 273.740705, "relative_strength": -2.362034, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.498991, "energy": 41.418305, "activity_lines": [ 263.54, 263.899999, 256.116903, 253.321826 ] }, { "date": "2024-02-02", "close": 261.299988, "volume": 1036, "typical_volume": 521.3, "trend": 252.031665, "fair_value": 273.630769, "relative_strength": -3.680886, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.357038, "energy": 35.266125, "activity_lines": [ 262.456663, 263.751815, 257.142378, 253.945374 ] }, { "date": "2024-02-09", "close": 261.350006, "volume": 260, "typical_volume": 528.15, "trend": 252.196665, "fair_value": 273.51923, "relative_strength": -3.483989, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.817238, "energy": 29.839196, "activity_lines": [ 262.003333, 263.393635, 258.121903, 254.546557 ] }, { "date": "2024-02-16", "close": 265.100006, "volume": 132, "typical_volume": 517.25, "trend": 252.386666, "fair_value": 273.433013, "relative_strength": -2.992112, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.452375, "energy": 40.409336, "activity_lines": [ 262.963334, 263.587273, 259.385475, 255.379031 ] }, { "date": "2024-02-23", "close": 265.200012, "volume": 282, "typical_volume": 524.55, "trend": 252.535, "fair_value": 273.370192, "relative_strength": -4.416408, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.854409, "energy": 41.653505, "activity_lines": [ 263.946671, 263.693639, 260.558095, 256.205698 ] }, { "date": "2024-03-01", "close": 265.799988, "volume": 585, "typical_volume": 548.55, "trend": 252.804999, "fair_value": 273.296474, "relative_strength": -5.67526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.2553, "energy": 45.653273, "activity_lines": [ 264.606667, 263.926364, 261.659047, 257.061504 ] }, { "date": "2024-03-08", "close": 269.700012, "volume": 1617, "typical_volume": 542.55, "trend": 253.293332, "fair_value": 273.184295, "relative_strength": -4.553458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.580355, "energy": 58.061314, "activity_lines": [ 266.590004, 264.935457, 262.990953, 258.151505 ] }, { "date": "2024-03-15", "close": 268.549988, "volume": 436, "typical_volume": 556.8, "trend": 253.978332, "fair_value": 273.06859, "relative_strength": -5.42059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.182361, "energy": 64.70675, "activity_lines": [ 267.629999, 265.75, 264.010237, 259.135805 ] }, { "date": "2024-03-22", "close": 271.350006, "volume": 216, "typical_volume": 546.85, "trend": 254.719999, "fair_value": 272.960256, "relative_strength": -5.698493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.416302, "energy": 75.190578, "activity_lines": [ 269.123334, 266.987274, 265.082143, 260.256559 ] }, { "date": "2024-03-29", "close": 275.25, "volume": 421, "typical_volume": 546.4, "trend": 255.448332, "fair_value": 272.844872, "relative_strength": -5.673205, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.468593, "energy": 80.810348, "activity_lines": [ 271.5, 268.817273, 266.372143, 261.581075 ] }, { "date": "2024-04-05", "close": 271.549988, "volume": 186, "typical_volume": 500.5, "trend": 256.193332, "fair_value": 272.682692, "relative_strength": -5.184254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.082948, "energy": 73.433847, "activity_lines": [ 271.97333, 269.649089, 267.127142, 262.619891 ] }, { "date": "2024-04-12", "close": 271.149994, "volume": 254, "typical_volume": 484.35, "trend": 256.876665, "fair_value": 272.48173, "relative_strength": -3.881091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.087193, "energy": 59.019549, "activity_lines": [ 271.929995, 270.309998, 267.730475, 263.584837 ] }, { "date": "2024-04-19", "close": 265.5, "volume": 381, "typical_volume": 468.95, "trend": 257.526665, "fair_value": 272.264102, "relative_strength": -4.704014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.526746, "energy": 44.394161, "activity_lines": [ 269.906663, 269.764543, 267.691427, 264.141181 ] }, { "date": "2024-04-26", "close": 268.75, "volume": 134, "typical_volume": 472.05, "trend": 258.351665, "fair_value": 272.070833, "relative_strength": -5.583147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.128004, "energy": 29.683804, "activity_lines": [ 269.169997, 269.734543, 267.908094, 264.865268 ] }, { "date": "2024-05-03", "close": 272.350006, "volume": 316, "typical_volume": 419.85, "trend": 259.491666, "fair_value": 271.860577, "relative_strength": -3.297731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.934347, "energy": 31.646845, "activity_lines": [ 269.806667, 270.292726, 268.422619, 265.768386 ] }, { "date": "2024-05-10", "close": 279.799988, "volume": 236, "typical_volume": 423.4, "trend": 260.941665, "fair_value": 271.716987, "relative_strength": -4.548131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.615507, "energy": 50.508034, "activity_lines": [ 273.119997, 272.075452, 269.617141, 267.078601 ] }, { "date": "2024-05-17", "close": 284.450012, "volume": 400, "typical_volume": 430.95, "trend": 262.854999, "fair_value": 271.591666, "relative_strength": -2.486591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.461283, "energy": 84.676207, "activity_lines": [ 277.433335, 274.449091, 271.205476, 268.595268 ] }, { "date": "2024-05-24", "close": 285.25, "volume": 21, "typical_volume": 404.55, "trend": 264.909999, "fair_value": 271.445192, "relative_strength": -2.061649, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.928851, "energy": 92.781525, "activity_lines": [ 281.126668, 276.7, 272.803571, 270.040107 ] }, { "date": "2024-05-31", "close": 286.799988, "volume": 634, "typical_volume": 400.1, "trend": 266.498332, "fair_value": 271.276923, "relative_strength": -0.405394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.378416, "energy": 92.266999, "activity_lines": [ 284.019997, 278.929089, 274.447141, 271.452364 ] }, { "date": "2024-06-07", "close": 284.799988, "volume": 545, "typical_volume": 421.15, "trend": 268.094998, "fair_value": 271.104807, "relative_strength": -1.30209, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.89846, "energy": 87.657204, "activity_lines": [ 285.043327, 280.513633, 275.796188, 272.633116 ] }, { "date": "2024-06-14", "close": 279.600006, "volume": 114, "typical_volume": 410.3, "trend": 269.158332, "fair_value": 270.947756, "relative_strength": -0.064595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.791799, "energy": 64.875336, "activity_lines": [ 283.503331, 280.979089, 276.519284, 273.375375 ] }, { "date": "2024-06-21", "close": 280.450012, "volume": 116, "typical_volume": 364.3, "trend": 270.198332, "fair_value": 270.763461, "relative_strength": -0.611804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.736051, "energy": 51.543504, "activity_lines": [ 282.260002, 281.452728, 277.259285, 274.10387 ] }, { "date": "2024-06-28", "close": 276.850006, "volume": 513, "typical_volume": 376.95, "trend": 270.953333, "fair_value": 270.547436, "relative_strength": -2.208315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.837521, "energy": 32.361099, "activity_lines": [ 280.083337, 281.102729, 277.565238, 274.533011 ] }, { "date": "2024-07-05", "close": 284.25, "volume": 689, "typical_volume": 404.8, "trend": 271.785, "fair_value": 270.360256, "relative_strength": -0.825191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.007061, "energy": 32.027267, "activity_lines": [ 280.933337, 281.89182, 278.502143, 275.39086 ] }, { "date": "2024-07-12", "close": 290.299988, "volume": 474, "typical_volume": 414.4, "trend": 272.589999, "fair_value": 270.242628, "relative_strength": -0.133747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.525717, "energy": 48.974579, "activity_lines": [ 283.969999, 283.49909, 279.924047, 276.585376 ] }, { "date": "2024-07-19", "close": 286.950012, "volume": 255, "typical_volume": 397.9, "trend": 273.171666, "fair_value": 270.063141, "relative_strength": 1.874978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.855703, "energy": 49.625397, "activity_lines": [ 285.523336, 284.170911, 280.907381, 277.511828 ] }, { "date": "2024-07-26", "close": 288.649994, "volume": 245, "typical_volume": 329.3, "trend": 273.776666, "fair_value": 269.884615, "relative_strength": 1.131851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.106764, "energy": 63.139273, "activity_lines": [ 287.153333, 285.021818, 281.951904, 278.51043 ] }, { "date": "2024-08-02", "close": 282.0, "volume": 496, "typical_volume": 332.3, "trend": 274.383333, "fair_value": 269.631089, "relative_strength": 3.057078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.730835, "energy": 45.066821, "activity_lines": [ 286.019999, 284.587273, 282.272857, 279.040967 ] }, { "date": "2024-08-09", "close": 280.649994, "volume": 163, "typical_volume": 329.65, "trend": 274.906666, "fair_value": 269.351602, "relative_strength": 2.241675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.951622, "energy": 30.793218, "activity_lines": [ 284.093331, 283.966363, 282.40119, 279.445268 ] }, { "date": "2024-08-16", "close": 283.799988, "volume": 145, "typical_volume": 315.85, "trend": 275.788332, "fair_value": 269.118269, "relative_strength": 0.060251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.085528, "energy": 21.037643, "activity_lines": [ 283.456661, 284.029997, 282.785236, 280.019031 ] }, { "date": "2024-08-23", "close": 289.5, "volume": 329, "typical_volume": 323.0, "trend": 276.566666, "fair_value": 268.892628, "relative_strength": 0.41767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.117862, "energy": 29.621387, "activity_lines": [ 285.153329, 285.148179, 283.671427, 280.903655 ] }, { "date": "2024-08-30", "close": 291.75, "volume": 141, "typical_volume": 317.35, "trend": 277.581666, "fair_value": 268.688781, "relative_strength": -0.197243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.591311, "energy": 40.371498, "activity_lines": [ 287.429997, 286.495452, 284.686427, 281.883224 ] }, { "date": "2024-09-06", "close": 284.149994, "volume": 69, "typical_volume": 301.75, "trend": 278.341666, "fair_value": 268.455128, "relative_strength": 0.454498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.99742, "energy": 34.563622, "activity_lines": [ 286.966663, 286.255451, 284.879522, 282.306988 ] }, { "date": "2024-09-13", "close": 290.0, "volume": 309, "typical_volume": 310.5, "trend": 279.171665, "fair_value": 268.290063, "relative_strength": 0.375997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.205275, "energy": 48.431985, "activity_lines": [ 288.309998, 286.946361, 285.540951, 283.059138 ] }, { "date": "2024-09-20", "close": 291.149994, "volume": 329, "typical_volume": 311.15, "trend": 280.036665, "fair_value": 268.145833, "relative_strength": 0.695635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.462444, "energy": 48.934655, "activity_lines": [ 289.41333, 287.741815, 286.210712, 283.831934 ] }, { "date": "2024-09-27", "close": 297.100006, "volume": 365, "typical_volume": 317.6, "trend": 281.079999, "fair_value": 268.095192, "relative_strength": -1.149016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.967011, "energy": 56.392249, "activity_lines": [ 292.01, 289.603634, 287.357618, 284.932794 ] }, { "date": "2024-10-04", "close": 290.899994, "volume": 284, "typical_volume": 311.8, "trend": 281.786665, "fair_value": 268.020512, "relative_strength": -1.374509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.87802, "energy": 53.654446, "activity_lines": [ 292.033331, 290.153634, 287.831665, 285.566342 ] }, { "date": "2024-10-11", "close": 289.200012, "volume": 183, "typical_volume": 319.9, "trend": 282.474999, "fair_value": 267.864102, "relative_strength": -3.154422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.197921, "energy": 42.779165, "activity_lines": [ 291.546669, 290.353637, 288.113095, 286.044623 ] }, { "date": "2024-10-18", "close": 291.149994, "volume": 157, "typical_volume": 296.05, "trend": 283.134999, "fair_value": 267.723717, "relative_strength": -3.843977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.700132, "energy": 36.269365, "activity_lines": [ 291.373334, 290.777272, 288.561427, 286.6043 ] }, { "date": "2024-10-25", "close": 286.549988, "volume": 174, "typical_volume": 277.5, "trend": 283.511665, "fair_value": 267.531089, "relative_strength": -4.361097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.817433, "energy": 17.902399, "activity_lines": [ 289.589996, 290.173634, 288.55095, 286.824622 ] }, { "date": "2024-11-01", "close": 281.799988, "volume": 89, "typical_volume": 276.25, "trend": 283.853332, "fair_value": 267.289422, "relative_strength": -4.795468, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.815481, "energy": 11.942771, "activity_lines": [ 286.529993, 288.656359, 288.079759, 286.714191 ] }, { "date": "2024-11-08", "close": 282.450012, "volume": 136, "typical_volume": 277.25, "trend": 284.229999, "fair_value": 267.039422, "relative_strength": -4.277816, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.980685, "energy": 17.465364, "activity_lines": [ 284.706665, 287.397271, 287.659998, 286.623654 ] }, { "date": "2024-11-15", "close": 279.100006, "volume": 562, "typical_volume": 279.7, "trend": 284.683332, "fair_value": 266.773397, "relative_strength": -5.267755, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.946033, "energy": 36.725041, "activity_lines": [ 282.330001, 285.698182, 286.911665, 286.292687 ] }, { "date": "2024-11-22", "close": 279.600006, "volume": 702, "typical_volume": 280.35, "trend": 285.044999, "fair_value": 266.616345, "relative_strength": -5.519168, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.400691, "energy": 50.222582, "activity_lines": [ 280.793337, 284.181819, 286.200238, 285.96473 ] }, { "date": "2024-11-29", "close": 282.299988, "volume": 222, "typical_volume": 267.75, "trend": 285.376665, "fair_value": 266.487499, "relative_strength": -5.951587, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.248233, "energy": 49.271027, "activity_lines": [ 280.926666, 283.345453, 285.768094, 285.787633 ] }, { "date": "2024-12-06", "close": 286.950012, "volume": 243, "typical_volume": 267.15, "trend": 285.614999, "fair_value": 266.352243, "relative_strength": -7.796201, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.937909, "energy": 22.675176, "activity_lines": [ 282.893337, 283.515456, 285.816905, 285.889139 ] }, { "date": "2024-12-13", "close": 284.0, "volume": 3071, "typical_volume": 408.45, "trend": 285.599999, "fair_value": 266.218269, "relative_strength": -8.61256, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.374249, "energy": 11.954863, "activity_lines": [ 283.533335, 283.333638, 285.584762, 285.784946 ] }, { "date": "2024-12-20", "close": 278.75, "volume": 827, "typical_volume": 425.0, "trend": 285.383332, "fair_value": 266.007051, "relative_strength": -7.704678, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.584832, "energy": 29.099028, "activity_lines": [ 282.320001, 282.322728, 284.874762, 285.34301 ] }, { "date": "2024-12-27", "close": 280.700012, "volume": 75, "typical_volume": 420.6, "trend": 285.18, "fair_value": 265.768589, "relative_strength": -7.275352, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.22415, "energy": 27.479999, "activity_lines": [ 281.780005, 281.856367, 284.365954, 285.040861 ] }, { "date": "2025-01-03", "close": 281.25, "volume": 151, "typical_volume": 420.9, "trend": 285.061667, "fair_value": 265.552243, "relative_strength": -6.518657, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.638542, "energy": 37.721812, "activity_lines": [ 281.350004, 281.680003, 283.909287, 284.787312 ] }, { "date": "2025-01-10", "close": 273.450012, "volume": 600, "typical_volume": 434.45, "trend": 284.856667, "fair_value": 265.335576, "relative_strength": -10.232654, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.058761, "energy": 65.841554, "activity_lines": [ 278.390006, 280.181823, 282.721907, 284.038173 ] }, { "date": "2025-01-17", "close": 281.149994, "volume": 708, "typical_volume": 462.8, "trend": 284.88, "fair_value": 265.214743, "relative_strength": -10.506046, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.298275, "energy": 47.702804, "activity_lines": [ 278.896669, 280.235457, 282.344288, 283.799033 ] }, { "date": "2025-01-24", "close": 283.149994, "volume": 315, "typical_volume": 475.1, "trend": 285.089999, "fair_value": 265.141987, "relative_strength": -11.662392, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.74558, "energy": 30.642892, "activity_lines": [ 280.26, 280.676365, 282.20762, 283.68742 ] }, { "date": "2025-01-31", "close": 290.5, "volume": 1453, "typical_volume": 532.3, "trend": 285.298333, "fair_value": 265.11891, "relative_strength": -10.536665, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.7015, "energy": 7.094478, "activity_lines": [ 283.779999, 282.380001, 282.775715, 284.036452 ] }, { "date": "2025-02-07", "close": 289.200012, "volume": 700, "typical_volume": 550.85, "trend": 285.261667, "fair_value": 265.067948, "relative_strength": -10.913252, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.15692, "energy": 25.137873, "activity_lines": [ 286.213336, 283.649094, 283.217621, 284.288173 ] }, { "date": "2025-02-14", "close": 294.25, "volume": 333, "typical_volume": 549.25, "trend": 285.505, "fair_value": 265.103846, "relative_strength": -12.007792, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.334888, "energy": 46.347879, "activity_lines": [ 289.800002, 285.710911, 284.149764, 284.868066 ] }, { "date": "2025-02-21", "close": 292.200012, "volume": 963, "typical_volume": 583.2, "trend": 285.623334, "fair_value": 265.166025, "relative_strength": -11.493086, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.85629, "energy": 56.198801, "activity_lines": [ 291.316673, 287.267277, 284.900241, 285.300002 ] }, { "date": "2025-02-28", "close": 287.549988, "volume": 534, "typical_volume": 600.75, "trend": 285.808333, "fair_value": 265.336218, "relative_strength": -13.67004, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.756033, "energy": 49.448075, "activity_lines": [ 290.546667, 287.829092, 285.201668, 285.424302 ] }, { "date": "2025-03-07", "close": 283.899994, "volume": 390, "typical_volume": 612.4, "trend": 285.916667, "fair_value": 265.408653, "relative_strength": -16.154915, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.042345, "energy": 18.292889, "activity_lines": [ 288.266665, 287.567272, 285.163334, 285.301184 ] }, { "date": "2025-03-14", "close": 281.549988, "volume": 593, "typical_volume": 633.35, "trend": 285.841667, "fair_value": 265.360576, "relative_strength": -16.471622, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.05292, "energy": 10.800945, "activity_lines": [ 285.643327, 286.819997, 284.935714, 285.019462 ] }, { "date": "2025-03-21", "close": 285.450012, "volume": 1642, "typical_volume": 711.0, "trend": 285.706667, "fair_value": 265.376602, "relative_strength": -14.690211, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.725735, "energy": 11.127374, "activity_lines": [ 284.829999, 286.776363, 285.103334, 284.994194 ] }, { "date": "2025-03-28", "close": 284.399994, "volume": 281, "typical_volume": 718.25, "trend": 285.461667, "fair_value": 265.354807, "relative_strength": -13.122198, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.02027, "energy": 13.665936, "activity_lines": [ 284.253331, 286.323635, 285.153572, 284.909893 ] }, { "date": "2025-04-04", "close": 263.350006, "volume": 552, "typical_volume": 717.75, "trend": 284.768334, "fair_value": 265.20032, "relative_strength": -12.207298, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.337069, "energy": 64.132546, "activity_lines": [ 277.180001, 281.984545, 283.189763, 283.483334 ] }, { "date": "2025-04-11", "close": 261.75, "volume": 1175, "typical_volume": 741.4, "trend": 283.826667, "fair_value": 265.041025, "relative_strength": -11.327525, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.961216, "energy": 79.072066, "activity_lines": [ 271.186668, 277.714545, 281.148572, 281.99828 ] }, { "date": "2025-04-18", "close": 274.049988, "volume": 353, "typical_volume": 747.95, "trend": 283.256667, "fair_value": 264.972115, "relative_strength": -10.559345, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.739498, "energy": 71.075329, "activity_lines": [ 270.769997, 276.203634, 280.363809, 281.367527 ] }, { "date": "2025-04-25", "close": 279.25, "volume": 620, "typical_volume": 766.8, "trend": 282.661667, "fair_value": 264.949679, "relative_strength": -12.84942, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.955183, "energy": 65.201722, "activity_lines": [ 272.586664, 275.913634, 280.113571, 281.109032 ] }, { "date": "2025-05-02", "close": 291.149994, "volume": 291, "typical_volume": 627.8, "trend": 282.67, "fair_value": 265.113461, "relative_strength": -12.162928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.901633, "energy": 13.942017, "activity_lines": [ 278.783329, 278.059997, 281.033332, 281.656666 ] }, { "date": "2025-05-09", "close": 295.600006, "volume": 60, "typical_volume": 589.45, "trend": 282.883333, "fair_value": 265.283653, "relative_strength": -12.112736, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.31867, "energy": 25.975507, "activity_lines": [ 286.013332, 281.034544, 282.342856, 282.49086 ] }, { "date": "2025-05-16", "close": 301.600006, "volume": 658, "typical_volume": 618.6, "trend": 283.231667, "fair_value": 265.48782, "relative_strength": -11.039393, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 75.948177, "energy": 56.291026, "activity_lines": [ 293.093335, 284.953637, 284.143571, 283.698387 ] }, { "date": "2025-05-23", "close": 300.25, "volume": 83, "typical_volume": 615.2, "trend": 283.688334, "fair_value": 265.629166, "relative_strength": -10.613295, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.793057, "energy": 71.656823, "activity_lines": [ 297.066669, 288.305455, 285.71619, 284.796344 ] }, { "date": "2025-05-30", "close": 303.299988, "volume": 144, "typical_volume": 592.4, "trend": 284.405001, "fair_value": 265.80641, "relative_strength": -10.743563, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.109511, "energy": 81.322012, "activity_lines": [ 300.309998, 291.871816, 287.488808, 286.061612 ] }, { "date": "2025-06-06", "close": 305.0, "volume": 568, "typical_volume": 585.4, "trend": 285.156667, "fair_value": 266.064102, "relative_strength": -11.038918, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.813884, "energy": 82.298981, "activity_lines": [ 302.516665, 295.422726, 289.281189, 287.390322 ] }, { "date": "2025-06-13", "close": 299.899994, "volume": 452, "typical_volume": 592.25, "trend": 285.85, "fair_value": 266.374679, "relative_strength": -9.250708, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.997818, "energy": 72.675599, "activity_lines": [ 302.099996, 297.671816, 290.474284, 288.341504 ] }, { "date": "2025-06-20", "close": 297.200012, "volume": 89, "typical_volume": 524.05, "trend": 286.436667, "fair_value": 266.650961, "relative_strength": -9.092171, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.664764, "energy": 49.626542, "activity_lines": [ 300.496667, 298.765455, 291.330476, 289.073763 ] }, { "date": "2025-06-27", "close": 304.600006, "volume": 81, "typical_volume": 493.1, "trend": 287.180001, "fair_value": 267.01923, "relative_strength": -9.162305, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.967315, "energy": 48.935687, "activity_lines": [ 301.653337, 300.560001, 292.859524, 290.245591 ] }, { "date": "2025-07-04", "close": 301.100006, "volume": 295, "typical_volume": 491.2, "trend": 287.651667, "fair_value": 267.317948, "relative_strength": -8.936005, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.899731, "energy": 42.951535, "activity_lines": [ 301.353339, 301.16273, 293.981905, 291.143656 ] }, { "date": "2025-07-11", "close": 303.149994, "volume": 124, "typical_volume": 449.25, "trend": 288.29, "fair_value": 267.642628, "relative_strength": -9.711527, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.262275, "energy": 47.296631, "activity_lines": [ 301.883335, 301.74091, 295.266905, 292.143548 ] }, { "date": "2025-07-18", "close": 304.899994, "volume": 196, "typical_volume": 432.35, "trend": 289.161667, "fair_value": 267.891025, "relative_strength": -8.9084, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.656876, "energy": 66.130417, "activity_lines": [ 303.119999, 302.419091, 296.666428, 293.215161 ] }, { "date": "2025-07-25", "close": 307.100006, "volume": 204, "typical_volume": 423.05, "trend": 290.041667, "fair_value": 268.108012, "relative_strength": -7.592524, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.261394, "energy": 71.872651, "activity_lines": [ 304.756667, 303.328183, 298.192857, 294.372473 ] }, { "date": "2025-08-01", "close": 298.600006, "volume": 169, "typical_volume": 401.85, "trend": 290.62, "fair_value": 268.29391, "relative_strength": -6.693186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.706023, "energy": 48.940405, "activity_lines": [ 302.900002, 302.59182, 298.799287, 294.924624 ] }, { "date": "2025-08-08", "close": 300.899994, "volume": 264, "typical_volume": 332.95, "trend": 291.535, "fair_value": 268.458013, "relative_strength": -8.405823, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.906068, "energy": 37.021591, "activity_lines": [ 302.21, 302.303637, 299.543572, 295.587849 ] }, { "date": "2025-08-15", "close": 300.799988, "volume": 78, "typical_volume": 322.8, "trend": 292.189999, "fair_value": 268.683333, "relative_strength": -8.769374, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.319729, "energy": 30.288462, "activity_lines": [ 301.499996, 302.040907, 300.204761, 296.185591 ] }, { "date": "2025-08-22", "close": 305.399994, "volume": 118, "typical_volume": 301.1, "trend": 292.931666, "fair_value": 269.000641, "relative_strength": -6.991999, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.497424, "energy": 31.544501, "activity_lines": [ 302.479995, 302.690906, 301.225951, 297.037848 ] }, { "date": "2025-08-29", "close": 297.399994, "volume": 501, "typical_volume": 267.4, "trend": 293.161666, "fair_value": 269.303525, "relative_strength": -7.286625, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.692043, "energy": 22.203741, "activity_lines": [ 300.759994, 301.78636, 301.284998, 297.326128 ] }, { "date": "2025-09-05", "close": 296.399994, "volume": 359, "typical_volume": 267.7, "trend": 293.401665, "fair_value": 269.578205, "relative_strength": -6.003806, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.976054, "energy": 11.746183, "activity_lines": [ 299.353327, 300.696359, 301.079045, 297.535052 ] }, { "date": "2025-09-12", "close": 299.850006, "volume": 435, "typical_volume": 258.45, "trend": 293.588332, "fair_value": 269.939102, "relative_strength": -4.924958, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.116919, "energy": 12.854292, "activity_lines": [ 299.243331, 300.382724, 301.095237, 297.951074 ] }, { "date": "2025-09-19", "close": 297.950012, "volume": 350, "typical_volume": 261.4, "trend": 293.779999, "fair_value": 270.385577, "relative_strength": -4.887351, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.514454, "energy": 15.541551, "activity_lines": [ 298.570003, 299.746363, 300.832381, 298.232473 ] }, { "date": "2025-09-26", "close": 293.399994, "volume": 236, "typical_volume": 270.2, "trend": 293.974999, "fair_value": 270.840705, "relative_strength": -6.34079, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.611602, "energy": 18.368752, "activity_lines": [ 296.570001, 298.377272, 300.103809, 298.207956 ] }, { "date": "2025-10-03", "close": 299.25, "volume": 227, "typical_volume": 248.65, "trend": 294.486666, "fair_value": 271.347436, "relative_strength": -6.57843, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.652154, "energy": 12.423469, "activity_lines": [ 297.320001, 298.280908, 299.942856, 298.548279 ] }, { "date": "2025-10-10", "close": 299.0, "volume": 1800, "typical_volume": 334.5, "trend": 295.068333, "fair_value": 271.846474, "relative_strength": -5.770011, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.337576, "energy": 11.159006, "activity_lines": [ 297.863334, 298.281818, 299.769285, 298.839462 ] }, { "date": "2025-10-17", "close": 296.350006, "volume": 234, "typical_volume": 339.0, "trend": 295.431666, "fair_value": 272.315384, "relative_strength": -4.663741, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.009493, "energy": 9.364285, "activity_lines": [ 297.350002, 297.793637, 299.349286, 298.92215 ] }, { "date": "2025-10-24", "close": 306.450012, "volume": 159, "typical_volume": 318.55, "trend": 296.166667, "fair_value": 272.776282, "relative_strength": -2.77945, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.71077, "energy": 26.462466, "activity_lines": [ 300.436672, 299.224549, 299.924287, 299.633011 ] }, { "date": "2025-10-31", "close": 299.950012, "volume": 700, "typical_volume": 330.95, "trend": 297.386667, "fair_value": 273.183974, "relative_strength": -3.42098, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.072874, "energy": 17.42566, "activity_lines": [ 300.790008, 299.370914, 299.873335, 299.877098 ] }, { "date": "2025-11-07", "close": 293.399994, "volume": 988, "typical_volume": 375.9, "trend": 298.441667, "fair_value": 273.424679, "relative_strength": -3.651741, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.680019, "energy": 10.719721, "activity_lines": [ 298.523338, 298.425458, 299.198335, 299.619893 ] }, { "date": "2025-11-14", "close": 295.799988, "volume": 410, "typical_volume": 392.35, "trend": 299.166667, "fair_value": 273.721154, "relative_strength": -3.80456, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.852147, "energy": 10.799524, "activity_lines": [ 297.446665, 297.989092, 298.77, 299.449462 ] }, { "date": "2025-11-21", "close": 290.25, "volume": 431, "typical_volume": 399.15, "trend": 299.533333, "fair_value": 273.94391, "relative_strength": -2.124172, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -67.937936, "energy": 56.018435, "activity_lines": [ 294.733331, 296.554546, 297.855, 298.874194 ] }, { "date": "2025-11-28", "close": 301.350006, "volume": 907, "typical_volume": 438.3, "trend": 299.873334, "fair_value": 274.243589, "relative_strength": -1.299406, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.524832, "energy": 34.119614, "activity_lines": [ 296.126666, 297.312729, 298.04881, 298.991398 ] }, { "date": "2025-12-05", "close": 301.799988, "volume": 544, "typical_volume": 455.7, "trend": 300.08, "fair_value": 274.570833, "relative_strength": -1.715431, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -30.79226, "energy": 14.866224, "activity_lines": [ 298.009996, 298.090908, 298.294047, 299.115699 ] }, { "date": "2025-12-12", "close": 299.049988, "volume": 365, "typical_volume": 463.75, "trend": 299.994999, "fair_value": 274.93173, "relative_strength": -3.021945, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -26.953365, "energy": 11.41858, "activity_lines": [ 298.853327, 298.21636, 298.292141, 299.049246 ] }, { "date": "2025-12-19", "close": 304.0, "volume": 511, "typical_volume": 480.85, "trend": 300.119999, "fair_value": 275.309935, "relative_strength": -1.607446, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.428618, "energy": 21.401025, "activity_lines": [ 300.969995, 299.245451, 298.799999, 299.307633 ] }, { "date": "2025-12-26", "close": 305.049988, "volume": 134, "typical_volume": 474.35, "trend": 300.178333, "fair_value": 275.68814, "relative_strength": -1.251265, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 25.218173, "energy": 31.814413, "activity_lines": [ 302.889992, 300.37454, 299.382141, 299.625697 ] }, { "date": "2026-01-02", "close": 308.25, "volume": 260, "typical_volume": 483.45, "trend": 300.286666, "fair_value": 276.016346, "relative_strength": -0.790092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 43.971875, "energy": 53.206414, "activity_lines": [ 304.889994, 301.927268, 300.249284, 300.14645 ] }, { "date": "2026-01-09", "close": 316.75, "volume": 364, "typical_volume": 495.75, "trend": 300.848333, "fair_value": 276.372435, "relative_strength": -0.820388, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 84.816528, "energy": 78.244521, "activity_lines": [ 309.26333, 304.992723, 301.890474, 301.208601 ] }, { "date": "2026-01-16", "close": 320.0, "volume": 62, "typical_volume": 473.8, "trend": 301.608332, "fair_value": 276.753205, "relative_strength": 0.178625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.067495, "energy": 84.870809, "activity_lines": [ 313.723332, 308.343633, 303.787141, 302.444192 ] }, { "date": "2026-01-23", "close": 318.850006, "volume": 1734, "typical_volume": 542.55, "trend": 302.083332, "fair_value": 277.101922, "relative_strength": 1.474114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.935024, "energy": 84.739108, "activity_lines": [ 316.403335, 311.001817, 305.466665, 303.556558 ] }, { "date": "2026-01-30", "close": 318.799988, "volume": 855, "typical_volume": 563.55, "trend": 302.673332, "fair_value": 277.427563, "relative_strength": 3.013489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.981686, "energy": 85.135186, "activity_lines": [ 318.076664, 313.231815, 307.034521, 304.635052 ] }, { "date": "2026-02-06", "close": 319.25, "volume": 432, "typical_volume": 567.65, "trend": 303.209999, "fair_value": 277.767627, "relative_strength": 2.452984, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.044148, "energy": 83.023196, "activity_lines": [ 318.983331, 315.024543, 308.554998, 305.704514 ] }, { "date": "2026-02-13", "close": 318.600006, "volume": 539, "typical_volume": 582.8, "trend": 303.666666, "fair_value": 278.103525, "relative_strength": 1.494378, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.660726, "energy": 71.61757, "activity_lines": [ 318.94, 316.373636, 309.912141, 306.697418 ] }, { "date": "2026-02-20", "close": 320.700012, "volume": 370, "typical_volume": 589.95, "trend": 304.119999, "fair_value": 278.48782, "relative_strength": 0.828632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.858236, "energy": 63.484883, "activity_lines": [ 319.473338, 317.799093, 311.349285, 307.796344 ] }, { "date": "2026-02-27", "close": 321.850006, "volume": 168, "typical_volume": 508.35, "trend": 304.894999, "fair_value": 278.852243, "relative_strength": 1.099195, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.261988, "energy": 60.87118, "activity_lines": [ 320.343339, 319.040003, 312.79381, 308.940215 ] }, { "date": "2026-03-06", "close": 310.149994, "volume": 553, "typical_volume": 524.3, "trend": 305.203333, "fair_value": 279.202243, "relative_strength": 4.287798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.853788, "energy": 38.28764, "activity_lines": [ 317.113336, 317.829093, 313.015238, 309.279247 ] }, { "date": "2026-03-13", "close": 301.649994, "volume": 700, "typical_volume": 551.35, "trend": 305.231666, "fair_value": 279.564102, "relative_strength": 1.95556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.104262, "energy": 16.240146, "activity_lines": [ 311.626666, 314.98, 312.361428, 309.049999 ] }, { "date": "2026-03-20", "close": 292.950012, "volume": 740, "typical_volume": 553.35, "trend": 304.816667, "fair_value": 279.88782, "relative_strength": 3.638173, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -38.059547, "energy": 38.29654, "activity_lines": [ 304.413336, 310.669093, 310.901905, 308.257635 ] }, { "date": "2026-03-27", "close": 290.700012, "volume": 768, "typical_volume": 542.35, "trend": 304.593334, "fair_value": 280.127243, "relative_strength": 3.149819, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.972348, "energy": 48.529853, "activity_lines": [ 298.160006, 306.381823, 309.26143, 307.346883 ] }, { "date": "2026-04-03", "close": 301.850006, "volume": 352, "typical_volume": 539.45, "trend": 304.775001, "fair_value": 280.454487, "relative_strength": 3.054097, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.724013, "energy": 41.082942, "activity_lines": [ 297.62334, 304.65455, 308.695717, 307.169894 ] }, { "date": "2026-04-10", "close": 312.5, "volume": 1104, "typical_volume": 573.1, "trend": 305.196667, "fair_value": 280.795192, "relative_strength": 3.79576, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -10.172285, "energy": 26.849754, "activity_lines": [ 301.970005, 305.172732, 309.115478, 307.668281 ] }, { "date": "2026-04-17", "close": 326.700012, "volume": 1039, "typical_volume": 579.7, "trend": 306.155001, "fair_value": 281.229166, "relative_strength": 4.518197, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 52.721686, "energy": 24.393239, "activity_lines": [ 310.893341, 308.387279, 310.78167, 309.055593 ] }, { "date": "2026-04-24", "close": 320.149994, "volume": 241, "typical_volume": 564.55, "trend": 307.046667, "fair_value": 281.590384, "relative_strength": 4.742511, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 50.7572, "energy": 40.328222, "activity_lines": [ 315.963336, 310.275458, 311.703336, 309.958496 ] }, { "date": "2026-05-01", "close": 320.5, "volume": 297, "typical_volume": 561.15, "trend": 307.755001, "fair_value": 281.947435, "relative_strength": 4.059729, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 50.255654, "energy": 45.263163, "activity_lines": [ 319.336668, 312.199094, 312.570955, 310.826453 ] }, { "date": "2026-05-08", "close": 322.799988, "volume": 1687, "typical_volume": 619.95, "trend": 308.548334, "fair_value": 282.334615, "relative_strength": 4.498947, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.617263, "energy": 57.773198, "activity_lines": [ 321.489996, 314.544546, 313.555478, 311.797097 ] }, { "date": "2026-05-15", "close": 319.350006, "volume": 177, "typical_volume": 622.1, "trend": 309.315, "fair_value": 282.690705, "relative_strength": 4.954725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.296603, "energy": 60.163757, "activity_lines": [ 321.096665, 316.245456, 314.121907, 312.493979 ] }, { "date": "2026-05-22", "close": 330.549988, "volume": 689, "typical_volume": 643.55, "trend": 310.118333, "fair_value": 283.167307, "relative_strength": 4.450534, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.023267, "energy": 60.30383, "activity_lines": [ 323.979995, 319.815453, 315.686905, 313.863979 ] }, { "date": "2026-05-29", "close": 332.350006, "volume": 86, "typical_volume": 629.65, "trend": 311.198333, "fair_value": 283.632371, "relative_strength": 4.020808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.485098, "energy": 61.107076, "activity_lines": [ 327.206665, 323.187272, 317.317144, 315.29828 ] }, { "date": "2026-06-05", "close": 326.399994, "volume": 16, "typical_volume": 627.35, "trend": 312.298333, "fair_value": 284.059935, "relative_strength": 3.485596, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.504511, "energy": 54.695915, "activity_lines": [ 327.636664, 324.760907, 318.306429, 316.279033 ] }, { "date": "2026-06-12", "close": 326.649994, "volume": 138, "typical_volume": 547.55, "trend": 313.326666, "fair_value": 284.482051, "relative_strength": 4.005565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.595043, "energy": 58.218856, "activity_lines": [ 327.756663, 325.730906, 319.289047, 317.204946 ] }, { "date": "2026-06-19", "close": 324.850006, "volume": 3, "typical_volume": 504.95, "trend": 314.48, "fair_value": 284.964423, "relative_strength": 1.939346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.619248, "energy": 48.569078, "activity_lines": [ 327.019999, 325.922726, 320.063095, 317.948387 ] }, { "date": "2026-06-26", "close": 324.950012, "volume": 177, "typical_volume": 492.2, "trend": 315.266667, "fair_value": 285.41923, "relative_strength": 3.19368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.950367, "energy": 34.130559, "activity_lines": [ 325.950004, 325.908183, 320.817858, 318.623872 ] }, { "date": "2026-07-03", "close": 333.899994, "volume": 76, "typical_volume": 469.05, "trend": 316.336667, "fair_value": 285.960897, "relative_strength": 1.433113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.975487, "energy": 44.702938, "activity_lines": [ 328.236668, 327.552727, 322.397858, 319.826022 ] }, { "date": "2026-07-10", "close": 327.350006, "volume": 1796, "typical_volume": 540.35, "trend": 317.280001, "fair_value": 286.415705, "relative_strength": 2.182501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.873801, "energy": 37.116483, "activity_lines": [ 328.23667, 327.756365, 323.281191, 320.53656 ] }, { "date": "2026-07-17", "close": 335.899994, "volume": 13286, "typical_volume": 1196.25, "trend": 318.343334, "fair_value": 286.906089, "relative_strength": 5.693361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.243804, "energy": 63.13191, "activity_lines": [ 331.023334, 329.39, 324.947143, 321.73785 ] }, { "date": "2026-07-24", "close": 333.399994, "volume": 823, "typical_volume": 1209.75, "trend": 319.288334, "fair_value": 287.371794, "relative_strength": 3.692603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.116809, "energy": 67.97186, "activity_lines": [ 332.359998, 330.330908, 326.308095, 322.709248 ] }, { "date": "2026-07-31", "close": 338.049988, "volume": 404, "typical_volume": 1194.95, "trend": 320.281667, "fair_value": 287.886858, "relative_strength": 2.895118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.138784, "energy": 71.540997, "activity_lines": [ 334.67666, 331.861815, 328.001189, 323.919677 ] }, { "date": "2026-08-07", "close": 345.700012, "volume": 275, "typical_volume": 1171.7, "trend": 321.246667, "fair_value": 288.467948, "relative_strength": 2.359512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.059573, "energy": 87.080408, "activity_lines": [ 338.669999, 334.647272, 330.249523, 325.55957 ] } ], "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." } } }