{ "ticker": { "uuid": "d2513744-0fc8-4510-80b0-30674c75c3be", "symbol": "EJAP", "name": "BNP Paribas Easy MSCI Japan Min TE UCITS ETF Cap", "exchange": "PAR", "country": "FR", "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": "^FCHI", "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": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 61.711, "architecture_energy": 36.904, "architecture_maturity": 58.127, "architecture_confidence": 87.333, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 22.88, "rotation_up": 40.56, "upward_expansion": 66.3, "deceleration": 85.45, "rotation_down": 26.76, "downward_expansion": 16.3 }, "activity_lines": [ 20.317773, 20.331155, 19.995648, 19.608959 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 20.8627, "trend_reference": 19.157703, "distance_from_trend": 0.088998, "trend_direction": "Improving", "fair_value": 15.729467, "distance_from_fair_value": 0.326345, "fair_value_direction": "Improving", "relative_strength": 7.516886, "relative_strength_direction": "Weakening", "price_momentum": 0.119628, "excess_performance": 0.066317, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088998, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.058495, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.326345, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.051677, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.075169, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.047415, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.119628, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.646572, "read": "Demand-led" } ], "volume": { "latest": 259606, "relative_activity": 1.289198, "balance": 3.646572, "dry_up": 1.107509, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.032547, "annualized_volatility": 0.204804, "from_high_reference": -0.001928, "from_low_reference": 0.313135 }, "levels": { "trend_reference": 19.157703, "fair_value_reference": 15.729467, "structural_low": 17.184999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 11, "median_return": 0.025143, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": 0.006356, "regime_survival": 0.454545, "best_return": 0.0845, "worst_return": -0.043853, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.008726, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.053481, "regime_survival": 0.0, "best_return": 0.167248, "worst_return": -0.064259, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.01233, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.016863, "regime_survival": 0.0, "best_return": 0.115225, "worst_return": -0.078848, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.020698, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.088943, "regime_survival": 0.0, "best_return": 0.288256, "worst_return": -0.125307, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-10-04", "tenure": "Developing", "return": 0.006525, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2025-01-10", "tenure": "Established", "return": 0.001631, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.013646, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": -0.036469, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.003568, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.076396, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.014412, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.014094, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-08-08", "tenure": "Developing", "return": 0.06943, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": -0.003446, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-03-20", "tenure": "Extended", "return": 0.092232, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.085399, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-31", "tenure": "Established", "return": 0.088624, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 12.3763, "volume": 37520, "typical_volume": 120419.9, "trend": 12.369763, "fair_value": 12.101448, "relative_strength": -1.042902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.200945, "energy": 12.712855, "activity_lines": [ 12.675787, 12.734424, 12.71991, 12.563586 ] }, { "date": "2023-08-25", "close": 12.5907, "volume": 32834, "typical_volume": 118911.05, "trend": 12.386433, "fair_value": 12.115544, "relative_strength": -0.015967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.313907, "energy": 15.375939, "activity_lines": [ 12.620447, 12.698289, 12.72172, 12.57784 ] }, { "date": "2023-09-01", "close": 13.0114, "volume": 76757, "typical_volume": 119593.45, "trend": 12.418923, "fair_value": 12.132268, "relative_strength": 2.515997, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.62077, "energy": 18.357204, "activity_lines": [ 12.71638, 12.749084, 12.759921, 12.61816 ] }, { "date": "2023-09-08", "close": 13.0765, "volume": 68532, "typical_volume": 119095.3, "trend": 12.44971, "fair_value": 12.148362, "relative_strength": 3.917787, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.652116, "energy": 28.867422, "activity_lines": [ 12.844707, 12.805813, 12.799079, 12.660584 ] }, { "date": "2023-09-15", "close": 13.4221, "volume": 100361, "typical_volume": 115792.4, "trend": 12.49983, "fair_value": 12.165965, "relative_strength": 4.749931, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 75.380996, "energy": 67.15083, "activity_lines": [ 13.067227, 12.921518, 12.866026, 12.723319 ] }, { "date": "2023-09-22", "close": 13.2095, "volume": 105319, "typical_volume": 112004.7, "trend": 12.547773, "fair_value": 12.181872, "relative_strength": 6.046046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.203921, "energy": 70.48894, "activity_lines": [ 13.171927, 12.986667, 12.905544, 12.769104 ] }, { "date": "2023-09-29", "close": 12.9505, "volume": 82022, "typical_volume": 108381.05, "trend": 12.578027, "fair_value": 12.196322, "relative_strength": 4.846867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.035106, "energy": 64.268262, "activity_lines": [ 13.134747, 12.994144, 12.915105, 12.795087 ] }, { "date": "2023-10-06", "close": 12.6598, "volume": 118016, "typical_volume": 108847.2, "trend": 12.599063, "fair_value": 12.208672, "relative_strength": 3.751325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.083829, "energy": 28.948484, "activity_lines": [ 12.97668, 12.945235, 12.894526, 12.800362 ] }, { "date": "2023-10-13", "close": 12.8335, "volume": 118167, "typical_volume": 110734.1, "trend": 12.636943, "fair_value": 12.222176, "relative_strength": 6.081765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.483605, "energy": 14.993309, "activity_lines": [ 12.899953, 12.937216, 12.890412, 12.815487 ] }, { "date": "2023-10-20", "close": 12.4254, "volume": 118433, "typical_volume": 111996.05, "trend": 12.6563, "fair_value": 12.23344, "relative_strength": 5.554449, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.261176, "energy": 16.268788, "activity_lines": [ 12.703393, 12.853687, 12.846474, 12.801839 ] }, { "date": "2023-10-27", "close": 12.367, "volume": 109027, "typical_volume": 99099.2, "trend": 12.666017, "fair_value": 12.244341, "relative_strength": 5.338087, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.445122, "energy": 32.269586, "activity_lines": [ 12.553813, 12.764856, 12.79964, 12.783175 ] }, { "date": "2023-11-03", "close": 13.0585, "volume": 171641, "typical_volume": 94595.7, "trend": 12.70733, "fair_value": 12.25716, "relative_strength": 7.144225, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 3.603512, "energy": 13.815093, "activity_lines": [ 12.6909, 12.801922, 12.82216, 12.808496 ] }, { "date": "2023-11-10", "close": 12.7183, "volume": 86381, "typical_volume": 91266.0, "trend": 12.734267, "fair_value": 12.265862, "relative_strength": 4.356706, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.894638, "energy": 14.034914, "activity_lines": [ 12.707387, 12.768627, 12.812786, 12.809204 ] }, { "date": "2023-11-17", "close": 12.9065, "volume": 217572, "typical_volume": 96753.9, "trend": 12.764473, "fair_value": 12.274224, "relative_strength": 3.104083, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 30.271891, "energy": 11.770606, "activity_lines": [ 12.782707, 12.77488, 12.821186, 12.820316 ] }, { "date": "2023-11-24", "close": 12.9196, "volume": 53860, "typical_volume": 95216.9, "trend": 12.797993, "fair_value": 12.281321, "relative_strength": 2.388925, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.79072, "energy": 15.889721, "activity_lines": [ 12.857527, 12.786605, 12.830632, 12.830324 ] }, { "date": "2023-12-01", "close": 13.074, "volume": 217527, "typical_volume": 101792.1, "trend": 12.830507, "fair_value": 12.290686, "relative_strength": 2.828047, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.796885, "energy": 25.977687, "activity_lines": [ 12.950867, 12.83554, 12.854059, 12.848131 ] }, { "date": "2023-12-08", "close": 13.1697, "volume": 228835, "typical_volume": 106845.15, "trend": 12.855, "fair_value": 12.300697, "relative_strength": 1.105733, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.339343, "energy": 43.407987, "activity_lines": [ 13.028973, 12.904338, 12.884474, 12.870014 ] }, { "date": "2023-12-15", "close": 13.1661, "volume": 76900, "typical_volume": 107358.95, "trend": 12.872413, "fair_value": 12.310165, "relative_strength": 0.1891, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.143028, "energy": 55.188725, "activity_lines": [ 13.098467, 12.968496, 12.912577, 12.890085 ] }, { "date": "2023-12-22", "close": 13.2151, "volume": 127789, "typical_volume": 109939.9, "trend": 12.891843, "fair_value": 12.320597, "relative_strength": 0.962176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.416314, "energy": 59.822683, "activity_lines": [ 13.15444, 13.032358, 12.945374, 12.912194 ] }, { "date": "2023-12-29", "close": 13.3002, "volume": 40546, "typical_volume": 109401.95, "trend": 12.902337, "fair_value": 12.330005, "relative_strength": 1.960049, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.238849, "energy": 61.771443, "activity_lines": [ 13.218207, 13.104755, 12.984116, 12.93854 ] }, { "date": "2024-01-05", "close": 13.407, "volume": 30946, "typical_volume": 109073.25, "trend": 12.912527, "fair_value": 12.33841, "relative_strength": 4.315933, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.319841, "energy": 67.943275, "activity_lines": [ 13.2922, 13.180664, 13.030255, 12.971099 ] }, { "date": "2024-01-12", "close": 13.9415, "volume": 61812, "typical_volume": 110522.15, "trend": 12.938417, "fair_value": 12.349597, "relative_strength": 7.587875, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.339643, "energy": 83.488822, "activity_lines": [ 13.52216, 13.334845, 13.122391, 13.037484 ] }, { "date": "2024-01-19", "close": 13.8259, "volume": 82704, "typical_volume": 110819.5, "trend": 12.976387, "fair_value": 12.360344, "relative_strength": 7.833281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.917333, "energy": 84.032663, "activity_lines": [ 13.662133, 13.451955, 13.197086, 13.094741 ] }, { "date": "2024-01-26", "close": 13.8465, "volume": 132281, "typical_volume": 114006.95, "trend": 13.00913, "fair_value": 12.373075, "relative_strength": 4.153682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.890282, "energy": 84.303932, "activity_lines": [ 13.764987, 13.552671, 13.269863, 13.150877 ] }, { "date": "2024-02-02", "close": 14.1037, "volume": 88051, "typical_volume": 113391.45, "trend": 13.05367, "fair_value": 12.384212, "relative_strength": 6.445832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.677814, "energy": 92.762732, "activity_lines": [ 13.91148, 13.68306, 13.36347, 13.221495 ] }, { "date": "2024-02-09", "close": 14.127, "volume": 88275, "typical_volume": 112539.25, "trend": 13.103653, "fair_value": 12.39369, "relative_strength": 5.685028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.197099, "energy": 91.042745, "activity_lines": [ 14.012173, 13.796156, 13.456049, 13.290742 ] }, { "date": "2024-02-16", "close": 14.4507, "volume": 169464, "typical_volume": 116911.35, "trend": 13.160133, "fair_value": 12.40545, "relative_strength": 6.14931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.538171, "energy": 94.828945, "activity_lines": [ 14.172767, 13.948962, 13.575088, 13.377648 ] }, { "date": "2024-02-23", "close": 14.652, "volume": 161022, "typical_volume": 119061.65, "trend": 13.209473, "fair_value": 12.421585, "relative_strength": 4.714897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.517754, "energy": 95.277241, "activity_lines": [ 14.366513, 14.115076, 13.706155, 13.473898 ] }, { "date": "2024-03-01", "close": 14.8387, "volume": 198181, "typical_volume": 123062.35, "trend": 13.278717, "fair_value": 12.439032, "relative_strength": 6.214723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.669385, "energy": 94.868922, "activity_lines": [ 14.56742, 14.28812, 13.845516, 13.579009 ] }, { "date": "2024-03-08", "close": 14.9679, "volume": 169342, "typical_volume": 125607.8, "trend": 13.35372, "fair_value": 12.455884, "relative_strength": 5.658008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.376539, "energy": 94.187796, "activity_lines": [ 14.745247, 14.455135, 13.987633, 13.687989 ] }, { "date": "2024-03-15", "close": 14.6477, "volume": 156869, "typical_volume": 127999.9, "trend": 13.429433, "fair_value": 12.468287, "relative_strength": 1.554729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.151218, "energy": 77.067543, "activity_lines": [ 14.758727, 14.533609, 14.087148, 13.771471 ] }, { "date": "2024-03-22", "close": 15.259, "volume": 141196, "typical_volume": 126477.65, "trend": 13.518377, "fair_value": 12.484848, "relative_strength": 5.743207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.726279, "energy": 74.083379, "activity_lines": [ 14.94126, 14.700671, 14.234021, 13.889508 ] }, { "date": "2024-03-29", "close": 15.1582, "volume": 215100, "typical_volume": 132913.6, "trend": 13.589937, "fair_value": 12.501504, "relative_strength": 4.13068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.019945, "energy": 69.942373, "activity_lines": [ 15.036307, 14.825451, 14.360816, 13.995303 ] }, { "date": "2024-04-05", "close": 14.8475, "volume": 121733, "typical_volume": 128121.65, "trend": 13.64897, "fair_value": 12.516287, "relative_strength": 3.568337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.275719, "energy": 64.064965, "activity_lines": [ 14.99404, 14.869516, 14.446401, 14.076436 ] }, { "date": "2024-04-12", "close": 14.9964, "volume": 86713, "typical_volume": 129764.3, "trend": 13.701447, "fair_value": 12.532304, "relative_strength": 4.939196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.14407, "energy": 64.121266, "activity_lines": [ 15.00082, 14.922455, 14.536925, 14.163367 ] }, { "date": "2024-04-19", "close": 14.4068, "volume": 193057, "typical_volume": 128540.8, "trend": 13.741357, "fair_value": 12.545947, "relative_strength": 0.438292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.54375, "energy": 45.056235, "activity_lines": [ 14.809167, 14.851962, 14.561407, 14.208874 ] }, { "date": "2024-04-26", "close": 14.4025, "volume": 128974, "typical_volume": 123547.75, "trend": 13.789757, "fair_value": 12.56106, "relative_strength": -0.612372, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.433224, "energy": 26.752778, "activity_lines": [ 14.63214, 14.7756, 14.579133, 14.251528 ] }, { "date": "2024-05-03", "close": 14.7045, "volume": 101146, "typical_volume": 124760.05, "trend": 13.857913, "fair_value": 12.577153, "relative_strength": 2.894749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.307268, "energy": 24.709402, "activity_lines": [ 14.61288, 14.755024, 14.61975, 14.310544 ] }, { "date": "2024-05-10", "close": 14.481, "volume": 129751, "typical_volume": 124858.15, "trend": 13.91283, "fair_value": 12.594186, "relative_strength": -1.983036, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.025169, "energy": 24.946228, "activity_lines": [ 14.549367, 14.692856, 14.631756, 14.350743 ] }, { "date": "2024-05-17", "close": 14.4872, "volume": 357350, "typical_volume": 140698.35, "trend": 13.981557, "fair_value": 12.610493, "relative_strength": -1.411927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.51011, "energy": 17.10142, "activity_lines": [ 14.512353, 14.63832, 14.638324, 14.387799 ] }, { "date": "2024-05-24", "close": 14.4478, "volume": 122756, "typical_volume": 145288.85, "trend": 14.050917, "fair_value": 12.625453, "relative_strength": -0.861515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.687412, "energy": 13.164314, "activity_lines": [ 14.496153, 14.58536, 14.635487, 14.417879 ] }, { "date": "2024-05-31", "close": 14.4975, "volume": 102191, "typical_volume": 147307.8, "trend": 14.098883, "fair_value": 12.639791, "relative_strength": 0.720337, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.32286, "energy": 13.260655, "activity_lines": [ 14.493787, 14.545071, 14.632428, 14.446691 ] }, { "date": "2024-06-07", "close": 14.6401, "volume": 85860, "typical_volume": 147465.6, "trend": 14.162943, "fair_value": 12.654937, "relative_strength": 1.583117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.661575, "energy": 10.119547, "activity_lines": [ 14.53262, 14.544555, 14.640301, 14.481608 ] }, { "date": "2024-06-14", "close": 14.5151, "volume": 109811, "typical_volume": 146342.1, "trend": 14.216563, "fair_value": 12.669331, "relative_strength": 7.232621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.489761, "energy": 12.487459, "activity_lines": [ 14.53408, 14.530731, 14.632393, 14.504328 ] }, { "date": "2024-06-21", "close": 14.314, "volume": 96166, "typical_volume": 146747.85, "trend": 14.263043, "fair_value": 12.681833, "relative_strength": 3.893427, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.249522, "energy": 5.555987, "activity_lines": [ 14.466233, 14.486387, 14.602149, 14.510614 ] }, { "date": "2024-06-28", "close": 14.8299, "volume": 146403, "typical_volume": 149654.25, "trend": 14.321573, "fair_value": 12.697788, "relative_strength": 9.499729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.149895, "energy": 19.982406, "activity_lines": [ 14.5819, 14.548251, 14.620037, 14.547186 ] }, { "date": "2024-07-05", "close": 14.9945, "volume": 98787, "typical_volume": 146120.4, "trend": 14.3824, "fair_value": 12.714237, "relative_strength": 7.703701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.318886, "energy": 29.44809, "activity_lines": [ 14.72696, 14.632349, 14.650253, 14.5906 ] }, { "date": "2024-07-12", "close": 15.2195, "volume": 108377, "typical_volume": 143488.15, "trend": 14.450847, "fair_value": 12.732565, "relative_strength": 8.334246, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.339901, "energy": 59.263937, "activity_lines": [ 14.913887, 14.746593, 14.699309, 14.644607 ] }, { "date": "2024-07-19", "close": 14.9615, "volume": 91580, "typical_volume": 138158.1, "trend": 14.50906, "fair_value": 12.748527, "relative_strength": 8.870286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.636624, "energy": 62.467334, "activity_lines": [ 14.976187, 14.804564, 14.721091, 14.677552 ] }, { "date": "2024-07-26", "close": 14.6697, "volume": 141066, "typical_volume": 136744.3, "trend": 14.55471, "fair_value": 12.764069, "relative_strength": 6.772627, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.767125, "energy": 53.733446, "activity_lines": [ 14.91146, 14.800744, 14.714498, 14.687916 ] }, { "date": "2024-08-02", "close": 13.6639, "volume": 73720, "typical_volume": 132586.85, "trend": 14.563273, "fair_value": 12.771786, "relative_strength": 2.946975, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -39.978051, "energy": 21.259548, "activity_lines": [ 14.487753, 14.610733, 14.613534, 14.630444 ] }, { "date": "2024-08-09", "close": 13.825, "volume": 596275, "typical_volume": 155340.8, "trend": 14.55939, "fair_value": 12.779826, "relative_strength": 3.719838, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.950318, "energy": 37.723959, "activity_lines": [ 14.19548, 14.464265, 14.532598, 14.582814 ] }, { "date": "2024-08-16", "close": 14.6407, "volume": 113310, "typical_volume": 150251.3, "trend": 14.58655, "fair_value": 12.794986, "relative_strength": 6.919097, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.355269, "energy": 28.062342, "activity_lines": [ 14.253073, 14.478335, 14.536176, 14.58806 ] }, { "date": "2024-08-23", "close": 14.877, "volume": 161001, "typical_volume": 152214.7, "trend": 14.6209, "fair_value": 12.810458, "relative_strength": 6.571483, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -35.324895, "energy": 27.295283, "activity_lines": [ 14.42802, 14.535356, 14.564723, 14.606798 ] }, { "date": "2024-08-30", "close": 15.1273, "volume": 264478, "typical_volume": 161102.95, "trend": 14.65502, "fair_value": 12.824042, "relative_strength": 7.375698, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.892291, "energy": 10.870421, "activity_lines": [ 14.692033, 14.631307, 14.616968, 14.639469 ] }, { "date": "2024-09-06", "close": 14.3496, "volume": 93618, "typical_volume": 156131.0, "trend": 14.66244, "fair_value": 12.830216, "relative_strength": 5.555505, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.188788, "energy": 13.792911, "activity_lines": [ 14.666307, 14.571071, 14.594522, 14.619765 ] }, { "date": "2024-09-13", "close": 14.8009, "volume": 122813, "typical_volume": 155822.95, "trend": 14.674113, "fair_value": 12.838597, "relative_strength": 7.045783, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.335809, "energy": 10.948751, "activity_lines": [ 14.7453, 14.601622, 14.61533, 14.628698 ] }, { "date": "2024-09-20", "close": 14.8928, "volume": 113422, "typical_volume": 156436.75, "trend": 14.68214, "fair_value": 12.848201, "relative_strength": 7.044165, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.560621, "energy": 16.993874, "activity_lines": [ 14.789867, 14.652402, 14.642994, 14.642806 ] }, { "date": "2024-09-27", "close": 15.0175, "volume": 329378, "typical_volume": 166418.1, "trend": 14.6881, "fair_value": 12.861492, "relative_strength": 3.781043, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.509605, "energy": 22.716964, "activity_lines": [ 14.859193, 14.731795, 14.681637, 14.664443 ] }, { "date": "2024-10-04", "close": 15.226, "volume": 124397, "typical_volume": 154770.45, "trend": 14.696703, "fair_value": 12.877755, "relative_strength": 8.462405, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 59.876082, "energy": 45.633242, "activity_lines": [ 14.988653, 14.848078, 14.737582, 14.699146 ] }, { "date": "2024-10-11", "close": 15.1468, "volume": 871467, "typical_volume": 192206.0, "trend": 14.71334, "fair_value": 12.892297, "relative_strength": 7.193832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.532464, "energy": 47.427269, "activity_lines": [ 15.085133, 14.939847, 14.782466, 14.728184 ] }, { "date": "2024-10-18", "close": 15.0483, "volume": 152426, "typical_volume": 194717.75, "trend": 14.706317, "fair_value": 12.907242, "relative_strength": 5.837111, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.540534, "energy": 46.560484, "activity_lines": [ 15.095633, 14.986745, 14.814641, 14.749795 ] }, { "date": "2024-10-25", "close": 14.5412, "volume": 109521, "typical_volume": 195900.8, "trend": 14.68575, "fair_value": 12.91844, "relative_strength": 3.718536, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.271412, "energy": 21.496382, "activity_lines": [ 14.920607, 14.919202, 14.795898, 14.739142 ] }, { "date": "2024-11-01", "close": 14.6658, "volume": 110651, "typical_volume": 195942.8, "trend": 14.679693, "fair_value": 12.928201, "relative_strength": 5.718261, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.347558, "energy": 12.667888, "activity_lines": [ 14.810553, 14.876122, 14.789492, 14.737855 ] }, { "date": "2024-11-08", "close": 15.1205, "volume": 207818, "typical_volume": 201525.4, "trend": 14.68383, "fair_value": 12.940483, "relative_strength": 9.754584, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.763894, "energy": 19.437301, "activity_lines": [ 14.875513, 14.919555, 14.825673, 14.766294 ] }, { "date": "2024-11-15", "close": 14.9776, "volume": 160561, "typical_volume": 202233.3, "trend": 14.702857, "fair_value": 12.950878, "relative_strength": 9.440242, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 33.237963, "energy": 17.791815, "activity_lines": [ 14.899873, 14.937129, 14.844405, 14.785247 ] }, { "date": "2024-11-22", "close": 15.2288, "volume": 102035, "typical_volume": 202395.7, "trend": 14.7304, "fair_value": 12.966576, "relative_strength": 11.128188, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.699788, "energy": 36.079835, "activity_lines": [ 15.019247, 14.988958, 14.886357, 14.819179 ] }, { "date": "2024-11-29", "close": 15.3721, "volume": 99519, "typical_volume": 201952.8, "trend": 14.752653, "fair_value": 12.982654, "relative_strength": 12.088766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.246821, "energy": 56.517075, "activity_lines": [ 15.174353, 15.059062, 14.94084, 14.860579 ] }, { "date": "2024-12-06", "close": 15.7214, "volume": 130301, "typical_volume": 203888.85, "trend": 14.794, "fair_value": 12.999573, "relative_strength": 11.261405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.374117, "energy": 73.20917, "activity_lines": [ 15.3905, 15.18396, 15.027864, 14.923078 ] }, { "date": "2024-12-13", "close": 15.4997, "volume": 243537, "typical_volume": 209012.4, "trend": 14.82775, "fair_value": 13.014654, "relative_strength": 9.551414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.307604, "energy": 72.035024, "activity_lines": [ 15.462373, 15.255751, 15.090155, 14.968608 ] }, { "date": "2024-12-20", "close": 15.1964, "volume": 428302, "typical_volume": 226741.5, "trend": 14.852703, "fair_value": 13.02871, "relative_strength": 9.025666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.610032, "energy": 63.637276, "activity_lines": [ 15.407867, 15.26742, 15.119608, 14.992391 ] }, { "date": "2024-12-27", "close": 15.4539, "volume": 102592, "typical_volume": 202057.35, "trend": 14.884583, "fair_value": 13.044818, "relative_strength": 9.283226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.609793, "energy": 51.320943, "activity_lines": [ 15.424607, 15.325005, 15.166287, 15.031178 ] }, { "date": "2025-01-03", "close": 15.4841, "volume": 128496, "typical_volume": 202816.65, "trend": 14.912717, "fair_value": 13.061601, "relative_strength": 10.244266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.213131, "energy": 37.660113, "activity_lines": [ 15.436407, 15.380707, 15.208086, 15.069857 ] }, { "date": "2025-01-10", "close": 15.1715, "volume": 185734, "typical_volume": 204053.3, "trend": 14.934597, "fair_value": 13.076005, "relative_strength": 5.671911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.385369, "energy": 23.693463, "activity_lines": [ 15.33654, 15.362429, 15.216097, 15.086552 ] }, { "date": "2025-01-17", "close": 15.3161, "volume": 189260, "typical_volume": 200292.4, "trend": 14.968, "fair_value": 13.092757, "relative_strength": 2.709076, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.22032, "energy": 22.694419, "activity_lines": [ 15.321533, 15.361247, 15.236477, 15.111166 ] }, { "date": "2025-01-24", "close": 15.5251, "volume": 254694, "typical_volume": 208346.2, "trend": 14.991173, "fair_value": 13.113223, "relative_strength": 1.104057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.563235, "energy": 26.400289, "activity_lines": [ 15.388433, 15.394509, 15.275862, 15.147108 ] }, { "date": "2025-01-31", "close": 15.7942, "volume": 318558, "typical_volume": 218133.45, "trend": 15.01783, "fair_value": 13.135513, "relative_strength": 2.433576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.032235, "energy": 37.295803, "activity_lines": [ 15.52312, 15.466744, 15.335279, 15.198916 ] }, { "date": "2025-02-07", "close": 15.8518, "volume": 190410, "typical_volume": 221982.85, "trend": 15.038907, "fair_value": 13.157165, "relative_strength": 2.369345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.040496, "energy": 57.709367, "activity_lines": [ 15.65432, 15.539171, 15.395451, 15.25272 ] }, { "date": "2025-02-14", "close": 15.7012, "volume": 137831, "typical_volume": 212405.5, "trend": 15.063563, "fair_value": 13.178504, "relative_strength": -1.209375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.819803, "energy": 57.765039, "activity_lines": [ 15.710807, 15.575495, 15.436714, 15.295449 ] }, { "date": "2025-02-21", "close": 15.8423, "volume": 775190, "typical_volume": 244945.15, "trend": 15.10265, "fair_value": 13.201096, "relative_strength": -0.13024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.67837, "energy": 61.997862, "activity_lines": [ 15.779013, 15.63784, 15.48816, 15.34569 ] }, { "date": "2025-02-28", "close": 15.6781, "volume": 189931, "typical_volume": 210868.35, "trend": 15.16979, "fair_value": 13.222687, "relative_strength": -0.704309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.767591, "energy": 46.42554, "activity_lines": [ 15.757407, 15.664102, 15.521032, 15.382816 ] }, { "date": "2025-03-07", "close": 15.2419, "volume": 120470, "typical_volume": 209270.55, "trend": 15.21702, "fair_value": 13.244275, "relative_strength": -3.587789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.318073, "energy": 18.765709, "activity_lines": [ 15.5802, 15.602296, 15.509831, 15.387468 ] }, { "date": "2025-03-14", "close": 15.3484, "volume": 152649, "typical_volume": 211426.95, "trend": 15.24061, "fair_value": 13.26315, "relative_strength": -1.90932, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.515401, "energy": 13.879906, "activity_lines": [ 15.475313, 15.563709, 15.507852, 15.395944 ] }, { "date": "2025-03-21", "close": 15.6457, "volume": 467727, "typical_volume": 229280.75, "trend": 15.266233, "fair_value": 13.282856, "relative_strength": -0.263949, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.537532, "energy": 18.023836, "activity_lines": [ 15.503087, 15.581644, 15.530343, 15.422079 ] }, { "date": "2025-03-28", "close": 15.2182, "volume": 159724, "typical_volume": 226876.05, "trend": 15.269263, "fair_value": 13.301294, "relative_strength": -1.507352, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.087532, "energy": 15.241032, "activity_lines": [ 15.39206, 15.513229, 15.507453, 15.41898 ] }, { "date": "2025-04-04", "close": 13.5373, "volume": 125064, "typical_volume": 225101.2, "trend": 15.242187, "fair_value": 13.310617, "relative_strength": -4.682752, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -51.229669, "energy": 62.115191, "activity_lines": [ 14.76234, 15.140976, 15.324013, 15.30724 ] }, { "date": "2025-04-11", "close": 13.489, "volume": 452476, "typical_volume": 242623.25, "trend": 15.198457, "fair_value": 13.320231, "relative_strength": -2.773699, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -87.366433, "energy": 85.637569, "activity_lines": [ 14.25924, 14.796084, 15.142831, 15.194132 ] }, { "date": "2025-04-18", "close": 14.3319, "volume": 121701, "typical_volume": 243732.35, "trend": 15.17976, "fair_value": 13.337012, "relative_strength": 0.565017, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.108358, "energy": 77.671192, "activity_lines": [ 14.153967, 14.646358, 15.05021, 15.138225 ] }, { "date": "2025-04-25", "close": 14.7006, "volume": 124319, "typical_volume": 243433.25, "trend": 15.169197, "fair_value": 13.353893, "relative_strength": -0.441576, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.953628, "energy": 74.136679, "activity_lines": [ 14.23936, 14.591304, 14.997657, 15.107311 ] }, { "date": "2025-05-02", "close": 15.0316, "volume": 105611, "typical_volume": 236536.95, "trend": 15.162717, "fair_value": 13.374369, "relative_strength": -1.352235, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.189491, "energy": 42.19916, "activity_lines": [ 14.498093, 14.614624, 14.981488, 15.098434 ] }, { "date": "2025-05-09", "close": 15.2065, "volume": 72229, "typical_volume": 218733.3, "trend": 15.164707, "fair_value": 13.395414, "relative_strength": -0.05778, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.526344, "energy": 18.940556, "activity_lines": [ 14.827567, 14.684484, 14.984206, 15.101259 ] }, { "date": "2025-05-16", "close": 15.4268, "volume": 294189, "typical_volume": 228313.15, "trend": 15.177323, "fair_value": 13.418097, "relative_strength": -0.624812, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.673063, "energy": 20.234705, "activity_lines": [ 15.119193, 14.802973, 15.007856, 15.118168 ] }, { "date": "2025-05-23", "close": 15.2378, "volume": 137025, "typical_volume": 228739.6, "trend": 15.200543, "fair_value": 13.438892, "relative_strength": -0.090495, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.865308, "energy": 19.05674, "activity_lines": [ 15.218633, 14.883736, 15.013636, 15.12207 ] }, { "date": "2025-05-30", "close": 15.4574, "volume": 174143, "typical_volume": 228160.05, "trend": 15.22693, "fair_value": 13.462669, "relative_strength": 0.943277, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.960788, "energy": 21.855897, "activity_lines": [ 15.33088, 15.006438, 15.041502, 15.138641 ] }, { "date": "2025-06-06", "close": 15.3895, "volume": 207644, "typical_volume": 229079.25, "trend": 15.235897, "fair_value": 13.486831, "relative_strength": -0.320311, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.409146, "energy": 22.950337, "activity_lines": [ 15.37004, 15.120218, 15.061541, 15.149129 ] }, { "date": "2025-06-13", "close": 15.1726, "volume": 161935, "typical_volume": 224441.3, "trend": 15.242397, "fair_value": 13.512867, "relative_strength": -0.226856, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 14.928481, "energy": 17.044489, "activity_lines": [ 15.31304, 15.191447, 15.060573, 15.145046 ] }, { "date": "2025-06-20", "close": 14.9517, "volume": 115599, "typical_volume": 214293.35, "trend": 15.23316, "fair_value": 13.536281, "relative_strength": -0.539037, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -21.58447, "energy": 13.669732, "activity_lines": [ 15.184667, 15.19278, 15.040245, 15.126291 ] }, { "date": "2025-06-27", "close": 15.4143, "volume": 170087, "typical_volume": 213277.2, "trend": 15.234567, "fair_value": 13.562731, "relative_strength": 1.159017, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.752782, "energy": 7.345375, "activity_lines": [ 15.242167, 15.251627, 15.067987, 15.137978 ] }, { "date": "2025-07-04", "close": 15.1014, "volume": 137435, "typical_volume": 213257.4, "trend": 15.2139, "fair_value": 13.584145, "relative_strength": -0.96354, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.990367, "energy": 5.395903, "activity_lines": [ 15.1836, 15.233904, 15.068011, 15.129386 ] }, { "date": "2025-07-11", "close": 14.8107, "volume": 135345, "typical_volume": 181265.15, "trend": 15.190933, "fair_value": 13.604774, "relative_strength": -4.447295, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -41.793272, "energy": 23.610901, "activity_lines": [ 15.051867, 15.156038, 15.043207, 15.103373 ] }, { "date": "2025-07-18", "close": 14.7909, "volume": 108103, "typical_volume": 177173.75, "trend": 15.177417, "fair_value": 13.623196, "relative_strength": -4.40611, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.842883, "energy": 31.639463, "activity_lines": [ 14.95212, 15.078589, 15.021429, 15.077565 ] }, { "date": "2025-07-25", "close": 15.4321, "volume": 153620, "typical_volume": 178831.25, "trend": 15.17669, "fair_value": 13.644134, "relative_strength": -0.431439, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.184876, "energy": 12.084551, "activity_lines": [ 15.091553, 15.125278, 15.064942, 15.093996 ] }, { "date": "2025-08-01", "close": 15.3109, "volume": 121211, "typical_volume": 177259.35, "trend": 15.170917, "fair_value": 13.665111, "relative_strength": 2.41815, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -6.211418, "energy": 5.59905, "activity_lines": [ 15.15856, 15.149835, 15.096007, 15.102655 ] }, { "date": "2025-08-08", "close": 15.9898, "volume": 116267, "typical_volume": 159686.35, "trend": 15.198193, "fair_value": 13.688893, "relative_strength": 4.075363, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 46.629901, "energy": 49.148477, "activity_lines": [ 15.45876, 15.296498, 15.191907, 15.155486 ] }, { "date": "2025-08-15", "close": 16.397301, "volume": 129378, "typical_volume": 158169.05, "trend": 15.234233, "fair_value": 13.715222, "relative_strength": 4.191877, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.660794, "energy": 72.639794, "activity_lines": [ 15.835567, 15.507573, 15.324979, 15.232848 ] }, { "date": "2025-08-22", "close": 16.340799, "volume": 126103, "typical_volume": 158221.0, "trend": 15.261423, "fair_value": 13.741724, "relative_strength": 3.143599, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.092755, "energy": 85.825927, "activity_lines": [ 16.087767, 15.690051, 15.447054, 15.304239 ] }, { "date": "2025-08-29", "close": 15.9891, "volume": 128553, "typical_volume": 142024.85, "trend": 15.26792, "fair_value": 13.76875, "relative_strength": 4.311661, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.556789, "energy": 82.14566, "activity_lines": [ 16.119407, 15.787344, 15.522285, 15.351186 ] }, { "date": "2025-09-05", "close": 16.118999, "volume": 91877, "typical_volume": 140533.65, "trend": 15.276827, "fair_value": 13.796969, "relative_strength": 5.406782, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.69549, "energy": 79.498112, "activity_lines": [ 16.157213, 15.889393, 15.597981, 15.406094 ] }, { "date": "2025-09-12", "close": 16.4349, "volume": 264495, "typical_volume": 147542.45, "trend": 15.301283, "fair_value": 13.828726, "relative_strength": 5.286608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.708376, "energy": 73.606136, "activity_lines": [ 16.246446, 16.036065, 15.695254, 15.480809 ] }, { "date": "2025-09-19", "close": 16.430099, "volume": 94727, "typical_volume": 146998.25, "trend": 15.320877, "fair_value": 13.860467, "relative_strength": 4.768425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.691519, "energy": 57.201897, "activity_lines": [ 16.304406, 16.15762, 15.78381, 15.553635 ] }, { "date": "2025-09-26", "close": 16.4314, "volume": 107541, "typical_volume": 148763.85, "trend": 15.345987, "fair_value": 13.893828, "relative_strength": 4.388033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.941096, "energy": 60.361268, "activity_lines": [ 16.360613, 16.249967, 15.865831, 15.625282 ] }, { "date": "2025-10-03", "close": 16.6565, "volume": 133106, "typical_volume": 140709.7, "trend": 15.39314, "fair_value": 13.927601, "relative_strength": 3.015467, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.743099, "energy": 67.713674, "activity_lines": [ 16.485813, 16.353414, 15.963457, 15.709831 ] }, { "date": "2025-10-10", "close": 16.1991, "volume": 954268, "typical_volume": 181571.85, "trend": 15.421497, "fair_value": 13.959938, "relative_strength": 2.209644, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.16451, "energy": 49.480827, "activity_lines": [ 16.414053, 16.351436, 16.011666, 15.761829 ] }, { "date": "2025-10-17", "close": 16.712799, "volume": 510713, "typical_volume": 198400.35, "trend": 15.457067, "fair_value": 13.995769, "relative_strength": 2.07915, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.074583, "energy": 52.474853, "activity_lines": [ 16.508186, 16.426709, 16.104221, 15.845139 ] }, { "date": "2025-10-24", "close": 16.877501, "volume": 88107, "typical_volume": 192423.5, "trend": 15.512377, "fair_value": 14.032231, "relative_strength": 2.330208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.066612, "energy": 57.943945, "activity_lines": [ 16.638693, 16.518782, 16.206483, 15.936779 ] }, { "date": "2025-10-31", "close": 17.2591, "volume": 105496, "typical_volume": 189601.55, "trend": 15.636437, "fair_value": 14.070265, "relative_strength": 5.843189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.457601, "energy": 64.56885, "activity_lines": [ 16.866573, 16.671505, 16.338003, 16.049471 ] }, { "date": "2025-11-07", "close": 17.018101, "volume": 142465, "typical_volume": 190944.85, "trend": 15.754073, "fair_value": 14.104229, "relative_strength": 6.526744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.767194, "energy": 80.438235, "activity_lines": [ 16.95894, 16.763715, 16.436634, 16.138611 ] }, { "date": "2025-11-14", "close": 17.256399, "volume": 70686, "typical_volume": 185974.8, "trend": 15.851557, "fair_value": 14.140039, "relative_strength": 5.0588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.456837, "energy": 86.141311, "activity_lines": [ 17.106633, 16.880542, 16.548121, 16.235535 ] }, { "date": "2025-11-21", "close": 16.6996, "volume": 192817, "typical_volume": 188743.9, "trend": 15.91819, "fair_value": 14.170345, "relative_strength": 4.063283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.480864, "energy": 56.775161, "activity_lines": [ 16.99824, 16.875453, 16.597807, 16.290248 ] }, { "date": "2025-11-28", "close": 17.014601, "volume": 134536, "typical_volume": 188703.45, "trend": 15.98429, "fair_value": 14.203707, "relative_strength": 4.227864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.090648, "energy": 50.019127, "activity_lines": [ 16.995727, 16.922824, 16.669883, 16.360984 ] }, { "date": "2025-12-05", "close": 17.1113, "volume": 189243, "typical_volume": 192760.45, "trend": 16.047783, "fair_value": 14.238203, "relative_strength": 4.931357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.702428, "energy": 47.689402, "activity_lines": [ 17.016307, 16.977149, 16.740673, 16.433694 ] }, { "date": "2025-12-12", "close": 17.0425, "volume": 381416, "typical_volume": 204150.25, "trend": 16.10164, "fair_value": 14.274012, "relative_strength": 5.08637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.385132, "energy": 40.754834, "activity_lines": [ 17.023807, 17.006604, 16.793862, 16.497869 ] }, { "date": "2025-12-19", "close": 16.990801, "volume": 115778, "typical_volume": 203878.6, "trend": 16.160073, "fair_value": 14.309121, "relative_strength": 3.708455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.525503, "energy": 36.169669, "activity_lines": [ 17.012447, 17.01964, 16.834458, 16.555235 ] }, { "date": "2025-12-26", "close": 16.958599, "volume": 53978, "typical_volume": 200764.15, "trend": 16.210113, "fair_value": 14.344574, "relative_strength": 4.130753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.225632, "energy": 31.87439, "activity_lines": [ 17.00806, 17.012427, 16.863988, 16.606752 ] }, { "date": "2026-01-02", "close": 17.0553, "volume": 70793, "typical_volume": 197834.9, "trend": 16.26564, "fair_value": 14.380485, "relative_strength": 3.598376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.309648, "energy": 33.73963, "activity_lines": [ 17.01864, 17.018327, 16.898114, 16.661281 ] }, { "date": "2026-01-09", "close": 17.9844, "volume": 142717, "typical_volume": 198665.6, "trend": 16.359367, "fair_value": 14.420769, "relative_strength": 6.950195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.256674, "energy": 57.494155, "activity_lines": [ 17.336207, 17.189922, 17.017593, 16.772168 ] }, { "date": "2026-01-16", "close": 18.2817, "volume": 131851, "typical_volume": 198830.5, "trend": 16.470367, "fair_value": 14.461949, "relative_strength": 9.837603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.938866, "energy": 86.408501, "activity_lines": [ 17.694667, 17.402384, 17.157559, 16.89619 ] }, { "date": "2026-01-23", "close": 17.723301, "volume": 146291, "typical_volume": 201551.2, "trend": 16.547333, "fair_value": 14.498056, "relative_strength": 7.773815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.137278, "energy": 78.649768, "activity_lines": [ 17.78438, 17.490344, 17.233427, 16.977024 ] }, { "date": "2026-01-30", "close": 17.801001, "volume": 128822, "typical_volume": 194767.55, "trend": 16.63732, "fair_value": 14.535007, "relative_strength": 8.256227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.586174, "energy": 79.694225, "activity_lines": [ 17.851161, 17.583942, 17.309056, 17.057906 ] }, { "date": "2026-02-06", "close": 18.6336, "volume": 94819, "typical_volume": 194772.15, "trend": 16.76475, "fair_value": 14.57655, "relative_strength": 11.023577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.148318, "energy": 86.783961, "activity_lines": [ 18.139314, 17.808897, 17.457475, 17.186698 ] }, { "date": "2026-02-13", "close": 19.425501, "volume": 270429, "typical_volume": 202916.55, "trend": 16.919237, "fair_value": 14.624672, "relative_strength": 14.760132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.373469, "energy": 90.091396, "activity_lines": [ 18.586214, 18.148397, 17.670819, 17.35836 ] }, { "date": "2026-02-20", "close": 19.077499, "volume": 242975, "typical_volume": 208410.0, "trend": 17.04075, "fair_value": 14.671507, "relative_strength": 9.699325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.84236, "energy": 89.562852, "activity_lines": [ 18.82104, 18.382547, 17.836764, 17.497602 ] }, { "date": "2026-02-27", "close": 19.3673, "volume": 127936, "typical_volume": 167093.4, "trend": 17.175963, "fair_value": 14.718458, "relative_strength": 10.182319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.025924, "energy": 90.606785, "activity_lines": [ 19.099413, 18.632389, 18.018779, 17.647702 ] }, { "date": "2026-03-06", "close": 17.973101, "volume": 366873, "typical_volume": 159901.4, "trend": 17.242073, "fair_value": 14.756563, "relative_strength": 9.381117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.616022, "energy": 59.529359, "activity_lines": [ 18.803454, 18.585531, 18.052927, 17.699131 ] }, { "date": "2026-03-13", "close": 18.0151, "volume": 254040, "typical_volume": 168198.05, "trend": 17.296, "fair_value": 14.797063, "relative_strength": 10.395264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.469522, "energy": 39.295698, "activity_lines": [ 18.51002, 18.527864, 18.085074, 17.749003 ] }, { "date": "2026-03-20", "close": 17.4638, "volume": 316042, "typical_volume": 178725.35, "trend": 17.333433, "fair_value": 14.833083, "relative_strength": 10.108215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.366342, "energy": 19.578696, "activity_lines": [ 18.074053, 18.352509, 18.059299, 17.759829 ] }, { "date": "2026-03-27", "close": 17.466299, "volume": 494813, "typical_volume": 196342.75, "trend": 17.382673, "fair_value": 14.86764, "relative_strength": 9.253844, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.405094, "energy": 23.852034, "activity_lines": [ 17.7697, 18.187075, 18.032787, 17.768401 ] }, { "date": "2026-04-03", "close": 18.191299, "volume": 243552, "typical_volume": 204986.05, "trend": 17.45175, "fair_value": 14.908487, "relative_strength": 9.636397, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.382051, "energy": 23.100959, "activity_lines": [ 17.814426, 18.168283, 18.073188, 17.820571 ] }, { "date": "2026-04-10", "close": 18.5235, "volume": 216876, "typical_volume": 206189.0, "trend": 17.52137, "fair_value": 14.95088, "relative_strength": 7.280718, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.036117, "energy": 21.353853, "activity_lines": [ 18.048286, 18.201383, 18.140776, 17.889716 ] }, { "date": "2026-04-17", "close": 18.957899, "volume": 240622, "typical_volume": 211493.3, "trend": 17.60563, "fair_value": 14.99548, "relative_strength": 7.359811, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.992993, "energy": 31.225572, "activity_lines": [ 18.390253, 18.300329, 18.241049, 17.982395 ] }, { "date": "2026-04-24", "close": 18.368601, "volume": 175001, "typical_volume": 210781.2, "trend": 17.670203, "fair_value": 15.036856, "relative_strength": 7.13523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.335561, "energy": 32.267455, "activity_lines": [ 18.472933, 18.286233, 18.275946, 18.031619 ] }, { "date": "2026-05-01", "close": 18.670099, "volume": 112452, "typical_volume": 197333.0, "trend": 17.737323, "fair_value": 15.078981, "relative_strength": 9.104804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.37716, "energy": 42.981718, "activity_lines": [ 18.595793, 18.346171, 18.333569, 18.096128 ] }, { "date": "2026-05-08", "close": 19.2766, "volume": 283050, "typical_volume": 205696.6, "trend": 17.839907, "fair_value": 15.122838, "relative_strength": 12.258389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.342102, "energy": 58.225606, "activity_lines": [ 18.840566, 18.523789, 18.441204, 18.195437 ] }, { "date": "2026-05-15", "close": 19.3948, "volume": 233458, "typical_volume": 214670.6, "trend": 17.929307, "fair_value": 15.166114, "relative_strength": 14.716278, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.275528, "energy": 61.382649, "activity_lines": [ 19.052387, 18.724547, 18.549211, 18.295752 ] }, { "date": "2026-05-22", "close": 19.537701, "volume": 199169, "typical_volume": 221089.4, "trend": 18.01798, "fair_value": 15.21038, "relative_strength": 12.791559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.048406, "energy": 66.608151, "activity_lines": [ 19.253754, 18.925438, 18.659227, 18.39952 ] }, { "date": "2026-05-29", "close": 19.689899, "volume": 199872, "typical_volume": 223947.15, "trend": 18.099007, "fair_value": 15.253358, "relative_strength": 12.314341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.701566, "energy": 71.68625, "activity_lines": [ 19.4672, 19.126318, 18.771917, 18.507385 ] }, { "date": "2026-06-05", "close": 19.818701, "volume": 35407, "typical_volume": 219124.95, "trend": 18.19236, "fair_value": 15.296418, "relative_strength": 12.126323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.181475, "energy": 76.463876, "activity_lines": [ 19.635494, 19.310142, 18.888752, 18.618333 ] }, { "date": "2026-06-12", "close": 19.8741, "volume": 95496, "typical_volume": 216585.2, "trend": 18.279617, "fair_value": 15.339426, "relative_strength": 10.254219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.929165, "energy": 76.175777, "activity_lines": [ 19.74568, 19.461267, 19.003544, 18.726833 ] }, { "date": "2026-06-19", "close": 20.865499, "volume": 41961, "typical_volume": 212242.15, "trend": 18.41848, "fair_value": 15.391854, "relative_strength": 14.271323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.782285, "energy": 88.312559, "activity_lines": [ 20.1465, 19.762051, 19.202514, 18.893664 ] }, { "date": "2026-06-26", "close": 20.387501, "volume": 56780, "typical_volume": 210340.2, "trend": 18.53091, "fair_value": 15.44008, "relative_strength": 11.713033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.384247, "energy": 82.568493, "activity_lines": [ 20.28994, 19.933344, 19.341367, 19.020697 ] }, { "date": "2026-07-03", "close": 20.604799, "volume": 14214, "typical_volume": 197529.45, "trend": 18.64736, "fair_value": 15.490319, "relative_strength": 10.818788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.695309, "energy": 86.427774, "activity_lines": [ 20.44916, 20.118153, 19.492563, 19.154497 ] }, { "date": "2026-07-10", "close": 20.6441, "volume": 492602, "typical_volume": 210010.8, "trend": 18.767413, "fair_value": 15.541708, "relative_strength": 12.702567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.905425, "energy": 84.678511, "activity_lines": [ 20.560486, 20.269449, 19.641886, 19.283319 ] }, { "date": "2026-07-17", "close": 19.692801, "volume": 275180, "typical_volume": 217373.0, "trend": 18.85748, "fair_value": 15.586172, "relative_strength": 7.069868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.098664, "energy": 51.667733, "activity_lines": [ 20.299687, 20.211891, 19.69315, 19.343021 ] }, { "date": "2026-07-24", "close": 20.1458, "volume": 202648, "typical_volume": 209161.75, "trend": 18.96372, "fair_value": 15.630878, "relative_strength": 8.68131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.989663, "energy": 40.786604, "activity_lines": [ 20.201974, 20.229129, 19.786006, 19.426138 ] }, { "date": "2026-07-31", "close": 19.9965, "volume": 154643, "typical_volume": 204191.9, "trend": 19.06176, "fair_value": 15.677256, "relative_strength": 5.839581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.697149, "energy": 29.806007, "activity_lines": [ 20.102473, 20.205567, 19.854297, 19.492769 ] }, { "date": "2026-08-07", "close": 20.8627, "volume": 259606, "typical_volume": 201370.1, "trend": 19.157703, "fair_value": 15.729467, "relative_strength": 7.516886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.71107, "energy": 36.903751, "activity_lines": [ 20.317773, 20.331155, 19.995648, 19.608959 ] } ], "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." } } }