{ "ticker": { "uuid": "d34d03ff-fd7e-49d0-b8ce-c529ee85aba8", "symbol": "BORG", "name": "Bj\u00f6rn Borg AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "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": "^OMX", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 60.637, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 33.858, "architecture_energy": 23.918, "architecture_maturity": 31.898, "architecture_confidence": 49.991, "architecture_tenure": "Established", "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": 46.39, "rotation_up": 52.15, "upward_expansion": 64.16, "deceleration": 60.63, "rotation_down": 11.64, "downward_expansion": 9.82 }, "activity_lines": [ 64.926667, 64.205454, 64.463142, 64.406985 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.166667 }, "latest_close": 64.5, "trend_reference": 63.460958, "distance_from_trend": 0.016373, "trend_direction": "Improving", "fair_value": 51.626669, "distance_from_fair_value": 0.249354, "fair_value_direction": "Weakening", "relative_strength": -6.186165, "relative_strength_direction": "Weakening", "price_momentum": 0.119096, "excess_performance": 0.057602, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.016373, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.028533, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.249354, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.064202, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.061862, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.05897, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.119096, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.709201, "read": "Demand-led" } ], "volume": { "latest": 48085, "relative_activity": 0.755325, "balance": 1.709201, "dry_up": 0.696608, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.040894, "annualized_volatility": 0.25672, "from_high_reference": -0.134852, "from_low_reference": 0.232045 }, "levels": { "trend_reference": 63.460958, "fair_value_reference": 51.626669, "structural_low": 55.915318, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": -0.004314, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.01213, "regime_survival": 0.5625, "best_return": 0.310061, "worst_return": -0.15942, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.03792, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": 0.046062, "regime_survival": 0.142857, "best_return": 0.248698, "worst_return": -0.121622, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.132613, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.076885, "regime_survival": 0.166667, "best_return": 0.265624, "worst_return": -0.488889, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.089235, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.043351, "regime_survival": 0.0, "best_return": 0.483897, "worst_return": -0.371094, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-11", "end": "2024-11-29", "tenure": "Developing", "return": -0.149097, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2024-12-13", "tenure": "New", "return": 0.0204, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-20", "end": "2025-01-31", "tenure": "Developing", "return": 0.127443, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-21", "tenure": "New", "return": 0.032235, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.029126, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.063602, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.045541, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.056943, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-08-01", "tenure": "Developing", "return": 0.001742, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.06518, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-12-19", "tenure": "Established", "return": 0.005797, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-26", "end": "2026-02-27", "tenure": "Developing", "return": 0.127063, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-05-08", "tenure": "Developing", "return": 0.033588, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": -0.007625, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 32.091305, "volume": 88530, "typical_volume": 78465.1, "trend": 32.562904, "fair_value": 27.174364, "relative_strength": 12.984998, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.297616, "energy": 10.78463, "activity_lines": [ 34.288238, 35.026735, 35.091681, 34.136221 ] }, { "date": "2023-08-25", "close": 31.918772, "volume": 58400, "typical_volume": 76762.4, "trend": 32.73702, "fair_value": 27.288656, "relative_strength": 11.639376, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.473664, "energy": 21.529963, "activity_lines": [ 33.33355, 34.378165, 34.848319, 34.094664 ] }, { "date": "2023-09-01", "close": 30.020895, "volume": 113632, "typical_volume": 79975.25, "trend": 32.79859, "fair_value": 27.396166, "relative_strength": 2.939123, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.12009, "energy": 44.330145, "activity_lines": [ 31.987784, 33.477851, 34.418694, 33.91943 ] }, { "date": "2023-09-08", "close": 31.228634, "volume": 70953, "typical_volume": 79176.6, "trend": 32.894942, "fair_value": 27.51052, "relative_strength": 7.130676, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.34486, "energy": 52.706028, "activity_lines": [ 31.412671, 32.88653, 34.109768, 33.818143 ] }, { "date": "2023-09-15", "close": 30.711035, "volume": 42131, "typical_volume": 75532.85, "trend": 32.93434, "fair_value": 27.622753, "relative_strength": 3.971149, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.737643, "energy": 58.24274, "activity_lines": [ 30.964083, 32.298346, 33.758708, 33.677245 ] }, { "date": "2023-09-22", "close": 32.436367, "volume": 81001, "typical_volume": 76943.35, "trend": 33.092854, "fair_value": 27.748139, "relative_strength": 10.539401, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.270201, "energy": 47.870832, "activity_lines": [ 31.378163, 32.119537, 33.579832, 33.645118 ] }, { "date": "2023-09-29", "close": 31.228634, "volume": 70169, "typical_volume": 78819.65, "trend": 33.202896, "fair_value": 27.86359, "relative_strength": 6.301856, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.275139, "energy": 31.189244, "activity_lines": [ 31.36666, 31.793291, 33.286953, 33.524846 ] }, { "date": "2023-10-06", "close": 31.746235, "volume": 46976, "typical_volume": 71484.45, "trend": 33.352095, "fair_value": 27.984651, "relative_strength": 7.511926, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.807877, "energy": 24.098164, "activity_lines": [ 31.573701, 31.639578, 33.050921, 33.430868 ] }, { "date": "2023-10-13", "close": 31.056103, "volume": 53777, "typical_volume": 71457.6, "trend": 33.366033, "fair_value": 28.101987, "relative_strength": 2.939018, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.980652, "energy": 28.683557, "activity_lines": [ 31.435675, 31.429401, 32.7609, 33.282739 ] }, { "date": "2023-10-20", "close": 32.60891, "volume": 65869, "typical_volume": 68406.8, "trend": 33.439945, "fair_value": 28.229974, "relative_strength": 13.124965, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.50352, "energy": 23.783057, "activity_lines": [ 31.826753, 31.586251, 32.634376, 33.233892 ] }, { "date": "2023-10-27", "close": 33.989178, "volume": 72210, "typical_volume": 68121.6, "trend": 33.547544, "fair_value": 28.373587, "relative_strength": 18.607577, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.627238, "energy": 14.405819, "activity_lines": [ 32.551396, 32.037976, 32.657175, 33.269327 ] }, { "date": "2023-11-03", "close": 33.644108, "volume": 54803, "typical_volume": 65434.6, "trend": 33.643642, "fair_value": 28.512696, "relative_strength": 12.501393, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.137634, "energy": 15.562373, "activity_lines": [ 33.057495, 32.392455, 32.66231, 33.275557 ] }, { "date": "2023-11-10", "close": 33.816647, "volume": 27335, "typical_volume": 62242.9, "trend": 33.730432, "fair_value": 28.644737, "relative_strength": 12.899417, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.142656, "energy": 13.842717, "activity_lines": [ 33.460075, 32.746934, 32.700103, 33.286718 ] }, { "date": "2023-11-17", "close": 36.749718, "volume": 169524, "typical_volume": 65762.25, "trend": 33.864338, "fair_value": 28.793087, "relative_strength": 17.197686, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.636465, "energy": 30.681756, "activity_lines": [ 34.702318, 33.565685, 33.022577, 33.481511 ] }, { "date": "2023-11-24", "close": 37.267323, "volume": 91505, "typical_volume": 67338.0, "trend": 34.027819, "fair_value": 28.944257, "relative_strength": 16.384168, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.63669, "energy": 48.124616, "activity_lines": [ 35.737521, 34.378164, 33.393525, 33.701058 ] }, { "date": "2023-12-01", "close": 35.887047, "volume": 167186, "typical_volume": 73484.0, "trend": 34.135708, "fair_value": 29.087277, "relative_strength": 10.354844, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.359459, "energy": 47.639872, "activity_lines": [ 36.002072, 34.820477, 33.626856, 33.821009 ] }, { "date": "2023-12-08", "close": 36.749718, "volume": 280687, "typical_volume": 85681.25, "trend": 34.266876, "fair_value": 29.228151, "relative_strength": 9.369535, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.699326, "energy": 52.030199, "activity_lines": [ 36.427655, 35.3569, 33.944811, 33.989655 ] }, { "date": "2023-12-15", "close": 37.784924, "volume": 253902, "typical_volume": 95985.65, "trend": 34.386006, "fair_value": 29.376658, "relative_strength": 8.535654, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.316977, "energy": 50.735912, "activity_lines": [ 36.991266, 35.981159, 34.355606, 34.216625 ] }, { "date": "2023-12-22", "close": 36.922253, "volume": 204962, "typical_volume": 104404.55, "trend": 34.472272, "fair_value": 29.51794, "relative_strength": 6.001373, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.675547, "energy": 34.572583, "activity_lines": [ 37.002769, 36.338775, 34.673562, 34.380254 ] }, { "date": "2023-12-29", "close": 38.47506, "volume": 170239, "typical_volume": 109189.55, "trend": 34.542724, "fair_value": 29.665986, "relative_strength": 8.962833, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.328711, "energy": 51.134053, "activity_lines": [ 37.520371, 36.872062, 35.133652, 34.638499 ] }, { "date": "2024-01-05", "close": 40.027863, "volume": 163421, "typical_volume": 112934.1, "trend": 34.637617, "fair_value": 29.824484, "relative_strength": 15.562424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.749592, "energy": 63.188156, "activity_lines": [ 38.475059, 37.581019, 35.725197, 34.992379 ] }, { "date": "2024-01-12", "close": 40.545464, "volume": 102567, "typical_volume": 115142.45, "trend": 34.754078, "fair_value": 29.986699, "relative_strength": 15.394269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.097924, "energy": 69.383234, "activity_lines": [ 39.326225, 38.274291, 36.328244, 35.37353 ] }, { "date": "2024-01-19", "close": 40.200397, "volume": 104325, "typical_volume": 114677.1, "trend": 34.929487, "fair_value": 30.146702, "relative_strength": 16.441205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.658486, "energy": 72.939143, "activity_lines": [ 39.80932, 38.779345, 36.857348, 35.724905 ] }, { "date": "2024-01-26", "close": 39.682796, "volume": 111790, "typical_volume": 116718.95, "trend": 35.033008, "fair_value": 30.306079, "relative_strength": 10.79027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.461599, "energy": 68.854798, "activity_lines": [ 39.95885, 39.074221, 37.288683, 36.03157 ] }, { "date": "2024-02-02", "close": 43.133472, "volume": 184185, "typical_volume": 123821.65, "trend": 35.271679, "fair_value": 30.485881, "relative_strength": 19.633748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.657844, "energy": 73.336254, "activity_lines": [ 41.074568, 39.943165, 38.008395, 36.554181 ] }, { "date": "2024-02-09", "close": 43.133472, "volume": 137884, "typical_volume": 126665.8, "trend": 35.495973, "fair_value": 30.663589, "relative_strength": 19.596363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.824438, "energy": 67.075402, "activity_lines": [ 41.879726, 40.705451, 38.668953, 37.061393 ] }, { "date": "2024-02-16", "close": 43.564808, "volume": 177016, "typical_volume": 132008.15, "trend": 35.763401, "fair_value": 30.84476, "relative_strength": 17.230278, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.417427, "energy": 74.250327, "activity_lines": [ 42.621622, 41.414408, 39.319653, 37.581963 ] }, { "date": "2024-02-23", "close": 46.152817, "volume": 301217, "typical_volume": 144720.2, "trend": 36.117095, "fair_value": 31.040428, "relative_strength": 21.868548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.247445, "energy": 84.010986, "activity_lines": [ 44.024898, 42.470002, 40.158085, 38.252248 ] }, { "date": "2024-03-01", "close": 44.427479, "volume": 231753, "typical_volume": 153619.0, "trend": 36.407527, "fair_value": 31.228923, "relative_strength": 15.265962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.646164, "energy": 75.073112, "activity_lines": [ 44.456234, 43.059754, 40.763597, 38.788402 ] }, { "date": "2024-03-08", "close": 42.960938, "volume": 146511, "typical_volume": 157651.1, "trend": 36.672079, "fair_value": 31.40413, "relative_strength": 9.636528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.335484, "energy": 60.365953, "activity_lines": [ 44.08241, 43.246404, 41.165765, 39.211203 ] }, { "date": "2024-03-15", "close": 45.721481, "volume": 269681, "typical_volume": 167524.65, "trend": 37.126418, "fair_value": 31.595537, "relative_strength": 14.09686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.267671, "energy": 59.295611, "activity_lines": [ 44.640269, 43.85341, 41.781547, 39.795035 ] }, { "date": "2024-03-22", "close": 43.996143, "volume": 209829, "typical_volume": 175275.95, "trend": 37.528997, "fair_value": 31.770651, "relative_strength": 9.387281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.114261, "energy": 47.862441, "activity_lines": [ 44.450482, 44.043197, 42.177142, 40.238243 ] }, { "date": "2024-03-29", "close": 43.564808, "volume": 146123, "typical_volume": 181215.35, "trend": 37.980461, "fair_value": 31.934526, "relative_strength": 8.55009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.6141, "energy": 38.489851, "activity_lines": [ 44.088161, 44.091821, 42.482363, 40.62765 ] }, { "date": "2024-04-05", "close": 43.651073, "volume": 165854, "typical_volume": 181031.85, "trend": 38.394542, "fair_value": 32.095715, "relative_strength": 8.91009, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.955489, "energy": 35.612401, "activity_lines": [ 43.927128, 44.094957, 42.74938, 40.993496 ] }, { "date": "2024-04-12", "close": 43.047211, "volume": 198565, "typical_volume": 186384.85, "trend": 38.805748, "fair_value": 32.255276, "relative_strength": 6.886328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.37858, "energy": 26.343923, "activity_lines": [ 43.616569, 43.91615, 42.926022, 41.293668 ] }, { "date": "2024-04-19", "close": 42.788403, "volume": 96188, "typical_volume": 182834.95, "trend": 39.150816, "fair_value": 32.41243, "relative_strength": 6.131165, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.869709, "energy": 20.83762, "activity_lines": [ 43.213989, 43.691856, 43.050493, 41.550614 ] }, { "date": "2024-04-26", "close": 41.623806, "volume": 199402, "typical_volume": 178770.7, "trend": 39.497322, "fair_value": 32.562617, "relative_strength": 0.754017, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.650249, "energy": 16.354021, "activity_lines": [ 42.618749, 43.26209, 43.031186, 41.710162 ] }, { "date": "2024-05-03", "close": 42.012005, "volume": 144597, "typical_volume": 173305.45, "trend": 39.839514, "fair_value": 32.71629, "relative_strength": 2.159896, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.6524, "energy": 14.027034, "activity_lines": [ 42.311064, 42.938197, 43.02564, 41.872399 ] }, { "date": "2024-05-10", "close": 44.513744, "volume": 99114, "typical_volume": 168013.05, "trend": 40.288102, "fair_value": 32.885501, "relative_strength": 4.346643, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.213337, "energy": 15.25488, "activity_lines": [ 42.940812, 43.144454, 43.238226, 42.173963 ] }, { "date": "2024-05-17", "close": 45.462685, "volume": 174484, "typical_volume": 168225.3, "trend": 40.716561, "fair_value": 33.037867, "relative_strength": 7.301958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.112693, "energy": 29.984801, "activity_lines": [ 43.829362, 43.521676, 43.505038, 42.507807 ] }, { "date": "2024-05-24", "close": 49.172157, "volume": 186216, "typical_volume": 169365.05, "trend": 41.222661, "fair_value": 33.211436, "relative_strength": 14.580395, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.130162, "energy": 71.060332, "activity_lines": [ 45.793372, 44.527862, 44.091859, 43.053329 ] }, { "date": "2024-05-31", "close": 55.038307, "volume": 298189, "typical_volume": 179146.15, "trend": 41.935801, "fair_value": 33.417342, "relative_strength": 28.45751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.736378, "energy": 89.880496, "activity_lines": [ 49.287181, 46.537881, 45.193816, 43.944661 ] }, { "date": "2024-06-07", "close": 50.81123, "volume": 141162, "typical_volume": 180988.0, "trend": 42.502287, "fair_value": 33.589044, "relative_strength": 17.269958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.895372, "energy": 83.078365, "activity_lines": [ 50.477664, 47.578573, 45.82418, 44.517269 ] }, { "date": "2024-06-14", "close": 51.084404, "volume": 148850, "typical_volume": 182841.0, "trend": 42.98011, "fair_value": 33.759074, "relative_strength": 20.195144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.684882, "energy": 82.59129, "activity_lines": [ 51.172591, 48.537181, 46.430034, 45.070954 ] }, { "date": "2024-06-21", "close": 50.629112, "volume": 58445, "typical_volume": 176554.0, "trend": 43.425503, "fair_value": 33.930398, "relative_strength": 18.0078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.070777, "energy": 78.945546, "activity_lines": [ 51.277709, 49.277857, 46.938233, 45.564438 ] }, { "date": "2024-06-28", "close": 50.720169, "volume": 69795, "typical_volume": 173149.55, "trend": 43.91994, "fair_value": 34.098884, "relative_strength": 17.887753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.188019, "energy": 52.869424, "activity_lines": [ 51.068751, 49.897236, 47.419411, 46.035062 ] }, { "date": "2024-07-05", "close": 52.268185, "volume": 94137, "typical_volume": 169005.6, "trend": 44.437222, "fair_value": 34.274923, "relative_strength": 21.481691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.567033, "energy": 52.447436, "activity_lines": [ 51.272598, 50.653858, 48.011891, 46.573658 ] }, { "date": "2024-07-12", "close": 53.315365, "volume": 98120, "typical_volume": 158850.75, "trend": 44.954904, "fair_value": 34.43556, "relative_strength": 19.868021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.98235, "energy": 53.890199, "activity_lines": [ 52.01018, 51.407343, 48.662658, 47.146442 ] }, { "date": "2024-07-19", "close": 52.814541, "volume": 78259, "typical_volume": 151176.05, "trend": 45.484647, "fair_value": 34.599569, "relative_strength": 20.881688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.359386, "energy": 51.293542, "activity_lines": [ 52.413878, 51.864253, 49.231621, 47.653515 ] }, { "date": "2024-07-26", "close": 53.260731, "volume": 87604, "typical_volume": 148230.7, "trend": 45.977502, "fair_value": 34.75775, "relative_strength": 20.851201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.150554, "energy": 52.812053, "activity_lines": [ 52.850964, 52.251364, 49.803139, 48.155198 ] }, { "date": "2024-08-02", "close": 52.996662, "volume": 94776, "typical_volume": 139485.45, "trend": 46.409796, "fair_value": 34.907393, "relative_strength": 24.951297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.25917, "energy": 49.846528, "activity_lines": [ 53.024585, 52.448681, 50.300462, 48.608047 ] }, { "date": "2024-08-09", "close": 52.814541, "volume": 104759, "typical_volume": 134231.95, "trend": 46.818765, "fair_value": 35.058239, "relative_strength": 24.171987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.491461, "energy": 43.189963, "activity_lines": [ 52.985733, 52.543349, 50.745795, 49.021256 ] }, { "date": "2024-08-16", "close": 55.746662, "volume": 107278, "typical_volume": 132289.7, "trend": 47.336974, "fair_value": 35.2263, "relative_strength": 26.221625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.86646, "energy": 48.69528, "activity_lines": [ 53.887831, 53.211561, 51.428386, 49.59725 ] }, { "date": "2024-08-23", "close": 56.720997, "volume": 108448, "typical_volume": 129419.4, "trend": 47.904914, "fair_value": 35.38718, "relative_strength": 26.097777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.35431, "energy": 52.952311, "activity_lines": [ 54.952621, 53.96719, 52.145762, 50.202671 ] }, { "date": "2024-08-30", "close": 57.804604, "volume": 186504, "typical_volume": 128816.35, "trend": 48.393951, "fair_value": 35.553954, "relative_strength": 25.518334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.767527, "energy": 72.639678, "activity_lines": [ 56.118183, 54.817355, 52.904101, 50.84136 ] }, { "date": "2024-09-06", "close": 54.927124, "volume": 82657, "typical_volume": 128139.8, "trend": 48.787073, "fair_value": 35.692805, "relative_strength": 23.752085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.98009, "energy": 71.06216, "activity_lines": [ 56.021659, 55.013878, 53.318121, 51.262855 ] }, { "date": "2024-09-13", "close": 54.317028, "volume": 68300, "typical_volume": 121584.7, "trend": 49.14548, "fair_value": 35.837748, "relative_strength": 19.271796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.169114, "energy": 60.173804, "activity_lines": [ 55.593074, 55.022985, 53.616233, 51.619627 ] }, { "date": "2024-09-20", "close": 56.493347, "volume": 52391, "typical_volume": 116974.4, "trend": 49.490165, "fair_value": 36.001645, "relative_strength": 20.564139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.637769, "energy": 48.855623, "activity_lines": [ 55.789762, 55.390534, 54.061169, 52.093683 ] }, { "date": "2024-09-27", "close": 55.273148, "volume": 70190, "typical_volume": 115528.2, "trend": 49.851687, "fair_value": 36.164302, "relative_strength": 14.483188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.332605, "energy": 36.647959, "activity_lines": [ 55.529938, 55.478448, 54.320938, 52.466778 ] }, { "date": "2024-10-04", "close": 55.245831, "volume": 29101, "typical_volume": 108259.05, "trend": 50.261183, "fair_value": 36.326783, "relative_strength": 15.208501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.775444, "energy": 30.9849, "activity_lines": [ 55.357531, 55.516693, 54.526869, 52.814788 ] }, { "date": "2024-10-11", "close": 53.470169, "volume": 90372, "typical_volume": 103466.85, "trend": 50.519473, "fair_value": 36.467352, "relative_strength": 11.402119, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.710246, "energy": 24.680135, "activity_lines": [ 54.763822, 55.195997, 54.517104, 53.021819 ] }, { "date": "2024-10-18", "close": 53.816196, "volume": 65945, "typical_volume": 91854.65, "trend": 50.846808, "fair_value": 36.609085, "relative_strength": 11.299028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.787273, "energy": 17.499888, "activity_lines": [ 54.382586, 54.929606, 54.519827, 53.234511 ] }, { "date": "2024-10-25", "close": 51.621658, "volume": 75952, "typical_volume": 88594.15, "trend": 51.11537, "fair_value": 36.7407, "relative_strength": 6.477703, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.104297, "energy": 10.294909, "activity_lines": [ 53.303226, 54.245997, 54.319365, 53.284501 ] }, { "date": "2024-11-01", "close": 51.812885, "volume": 41280, "typical_volume": 83215.65, "trend": 51.38743, "fair_value": 36.866432, "relative_strength": 7.844793, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.577734, "energy": 15.086075, "activity_lines": [ 52.612388, 53.672156, 54.133257, 53.329502 ] }, { "date": "2024-11-08", "close": 51.89484, "volume": 65317, "typical_volume": 83559.25, "trend": 51.682351, "fair_value": 36.982423, "relative_strength": 7.478664, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.374437, "energy": 18.056003, "activity_lines": [ 52.179552, 53.202454, 53.951485, 53.362238 ] }, { "date": "2024-11-15", "close": 55.555431, "volume": 112605, "typical_volume": 85699.75, "trend": 52.107919, "fair_value": 37.086601, "relative_strength": 16.650426, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.640428, "energy": 17.314054, "activity_lines": [ 53.190312, 53.505765, 54.112313, 53.612114 ] }, { "date": "2024-11-22", "close": 49.900635, "volume": 180923, "typical_volume": 90039.05, "trend": 52.383813, "fair_value": 37.184806, "relative_strength": 4.274711, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.270391, "energy": 29.483685, "activity_lines": [ 52.177123, 52.769507, 53.711564, 53.469709 ] }, { "date": "2024-11-29", "close": 45.497906, "volume": 268651, "typical_volume": 98565.6, "trend": 52.50001, "fair_value": 37.238992, "relative_strength": -5.122128, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -56.761646, "energy": 59.181009, "activity_lines": [ 49.957395, 51.313051, 52.902782, 53.025457 ] }, { "date": "2024-12-06", "close": 45.975971, "volume": 205620, "typical_volume": 104933.65, "trend": 52.548751, "fair_value": 37.283606, "relative_strength": -7.96554, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.463838, "energy": 68.580459, "activity_lines": [ 48.305272, 50.143433, 52.176756, 52.604551 ] }, { "date": "2024-12-13", "close": 46.913883, "volume": 81875, "typical_volume": 104647.2, "trend": 52.597124, "fair_value": 37.340024, "relative_strength": -4.202697, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.494644, "energy": 80.785391, "activity_lines": [ 47.354915, 49.313384, 51.572619, 52.241011 ] }, { "date": "2024-12-20", "close": 45.657257, "volume": 90072, "typical_volume": 104412.0, "trend": 52.479961, "fair_value": 37.372328, "relative_strength": -3.972272, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.124902, "energy": 84.60865, "activity_lines": [ 46.317745, 48.406348, 50.879027, 51.793278 ] }, { "date": "2024-12-27", "close": 47.296329, "volume": 56292, "typical_volume": 101988.65, "trend": 52.221895, "fair_value": 37.410662, "relative_strength": -1.436685, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.48833, "energy": 76.715775, "activity_lines": [ 46.486811, 47.939377, 50.376486, 51.45885 ] }, { "date": "2025-01-03", "close": 48.625801, "volume": 47386, "typical_volume": 98994.05, "trend": 52.149047, "fair_value": 37.469103, "relative_strength": 0.253118, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.718503, "energy": 47.945614, "activity_lines": [ 47.272655, 47.832672, 50.026839, 51.226844 ] }, { "date": "2025-01-10", "close": 49.299641, "volume": 59134, "typical_volume": 96528.35, "trend": 52.089555, "fair_value": 37.532654, "relative_strength": 0.913016, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.262767, "energy": 34.469279, "activity_lines": [ 48.074586, 47.902953, 49.775276, 51.043011 ] }, { "date": "2025-01-17", "close": 51.439541, "volume": 43554, "typical_volume": 89380.85, "trend": 52.116569, "fair_value": 37.62835, "relative_strength": 1.307409, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.365403, "energy": 21.425327, "activity_lines": [ 49.368239, 48.408003, 49.762853, 51.001075 ] }, { "date": "2025-01-24", "close": 49.181263, "volume": 57787, "typical_volume": 88137.35, "trend": 52.065272, "fair_value": 37.709306, "relative_strength": -5.196148, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.624945, "energy": 22.875116, "activity_lines": [ 49.607422, 48.510734, 49.565665, 50.8117 ] }, { "date": "2025-01-31", "close": 51.475964, "volume": 39898, "typical_volume": 86717.25, "trend": 52.038865, "fair_value": 37.796285, "relative_strength": -0.906797, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.529947, "energy": 18.853204, "activity_lines": [ 50.376572, 49.146578, 49.614382, 50.77368 ] }, { "date": "2025-02-07", "close": 51.412224, "volume": 38957, "typical_volume": 86045.55, "trend": 51.975427, "fair_value": 37.872851, "relative_strength": 0.011765, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.725867, "energy": 14.279527, "activity_lines": [ 50.845833, 49.742191, 49.670557, 50.733252 ] }, { "date": "2025-02-14", "close": 53.743347, "volume": 45972, "typical_volume": 84834.65, "trend": 52.006387, "fair_value": 37.980946, "relative_strength": 1.404959, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.783299, "energy": 20.2419, "activity_lines": [ 51.906373, 50.654111, 49.97294, 50.847311 ] }, { "date": "2025-02-21", "close": 53.069504, "volume": 114413, "typical_volume": 89100.25, "trend": 52.000013, "fair_value": 38.064976, "relative_strength": -0.185837, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.769241, "energy": 29.933495, "activity_lines": [ 52.446051, 51.302289, 50.218432, 50.915899 ] }, { "date": "2025-02-28", "close": 50.647324, "volume": 97960, "typical_volume": 89479.65, "trend": 51.921702, "fair_value": 38.149539, "relative_strength": -4.807478, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.866046, "energy": 29.119175, "activity_lines": [ 52.069673, 51.39815, 50.243604, 50.828629 ] }, { "date": "2025-03-07", "close": 49.172161, "volume": 44456, "typical_volume": 88405.2, "trend": 51.800289, "fair_value": 38.225698, "relative_strength": -7.800683, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "down", "direction": -24.049412, "energy": 16.833867, "activity_lines": [ 51.103835, 51.135071, 50.141726, 50.651239 ] }, { "date": "2025-03-14", "close": 48.53474, "volume": 62030, "typical_volume": 87709.1, "trend": 51.559892, "fair_value": 38.271445, "relative_strength": -7.411454, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.995791, "energy": 21.454488, "activity_lines": [ 50.079111, 50.721992, 50.001255, 50.440559 ] }, { "date": "2025-03-21", "close": 48.990036, "volume": 157291, "typical_volume": 93509.65, "trend": 51.302193, "fair_value": 38.332221, "relative_strength": -4.777565, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -38.512082, "energy": 28.115398, "activity_lines": [ 49.397985, 50.393349, 49.918846, 50.274762 ] }, { "date": "2025-03-28", "close": 48.343517, "volume": 37103, "typical_volume": 92098.95, "trend": 50.986823, "fair_value": 38.377268, "relative_strength": -2.993882, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.469416, "energy": 32.6148, "activity_lines": [ 48.81824, 49.952786, 49.788306, 50.083879 ] }, { "date": "2025-04-04", "close": 45.447823, "volume": 55901, "typical_volume": 89263.75, "trend": 50.670847, "fair_value": 38.416391, "relative_strength": 1.137537, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -71.93554, "energy": 59.133755, "activity_lines": [ 47.588329, 49.042026, 49.398896, 49.726525 ] }, { "date": "2025-04-11", "close": 47.988388, "volume": 152616, "typical_volume": 87848.4, "trend": 50.459892, "fair_value": 38.475221, "relative_strength": 6.83547, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.426194, "energy": 46.908106, "activity_lines": [ 47.551906, 48.661066, 49.299577, 49.553463 ] }, { "date": "2025-04-18", "close": 50.173813, "volume": 32453, "typical_volume": 76038.5, "trend": 50.249241, "fair_value": 38.545691, "relative_strength": 7.562657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.134031, "energy": 26.371739, "activity_lines": [ 48.322877, 48.740867, 49.417499, 49.535006 ] }, { "date": "2025-04-25", "close": 52.450302, "volume": 32799, "typical_volume": 67397.45, "trend": 50.155146, "fair_value": 38.641812, "relative_strength": 8.572679, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.525932, "energy": 3.240971, "activity_lines": [ 49.743406, 49.257092, 49.729963, 49.67701 ] }, { "date": "2025-05-02", "close": 52.450302, "volume": 24784, "typical_volume": 64542.9, "trend": 50.061962, "fair_value": 38.74425, "relative_strength": 6.514608, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.390585, "energy": 19.106069, "activity_lines": [ 50.93325, 49.796827, 50.011597, 49.825085 ] }, { "date": "2025-05-09", "close": 51.721828, "volume": 66006, "typical_volume": 63339.6, "trend": 50.003684, "fair_value": 38.844652, "relative_strength": 5.19431, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.506571, "energy": 26.238523, "activity_lines": [ 51.606485, 50.21537, 50.197489, 49.932173 ] }, { "date": "2025-05-16", "close": 55.436989, "volume": 129616, "typical_volume": 67005.8, "trend": 50.05771, "fair_value": 38.956232, "relative_strength": 8.089658, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 72.832707, "energy": 64.083046, "activity_lines": [ 53.099839, 51.289861, 50.708327, 50.282709 ] }, { "date": "2025-05-23", "close": 53.660767, "volume": 98314, "typical_volume": 69552.2, "trend": 50.12568, "fair_value": 39.059322, "relative_strength": 7.050503, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.138146, "energy": 62.670164, "activity_lines": [ 53.504545, 51.927496, 51.011236, 50.515164 ] }, { "date": "2025-05-30", "close": 53.941223, "volume": 33973, "typical_volume": 68294.15, "trend": 50.196625, "fair_value": 39.193959, "relative_strength": 6.85118, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.35593, "energy": 60.118282, "activity_lines": [ 53.770274, 52.522923, 51.316878, 50.761328 ] }, { "date": "2025-06-06", "close": 54.315163, "volume": 38689, "typical_volume": 68050.9, "trend": 50.277302, "fair_value": 39.34205, "relative_strength": 6.285445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.509397, "energy": 58.290925, "activity_lines": [ 54.061254, 53.096317, 51.636032, 51.02704 ] }, { "date": "2025-06-13", "close": 54.595619, "volume": 28699, "typical_volume": 66596.5, "trend": 50.245309, "fair_value": 39.504049, "relative_strength": 9.289105, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.471982, "energy": 44.808659, "activity_lines": [ 54.321396, 53.612127, 51.968202, 51.305641 ] }, { "date": "2025-06-20", "close": 54.87608, "volume": 25086, "typical_volume": 65855.9, "trend": 50.411157, "fair_value": 39.666003, "relative_strength": 10.123213, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.460943, "energy": 42.381421, "activity_lines": [ 54.483439, 54.012608, 52.3013, 51.6044 ] }, { "date": "2025-06-27", "close": 54.87608, "volume": 28484, "typical_volume": 65332.25, "trend": 50.723763, "fair_value": 39.820849, "relative_strength": 7.310817, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.978739, "energy": 41.246546, "activity_lines": [ 54.682875, 54.287857, 52.618207, 51.89246 ] }, { "date": "2025-07-04", "close": 56.091393, "volume": 31006, "typical_volume": 64583.95, "trend": 51.060943, "fair_value": 39.979536, "relative_strength": 9.216236, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.218258, "energy": 48.163273, "activity_lines": [ 55.206395, 54.698577, 53.034363, 52.238759 ] }, { "date": "2025-07-11", "close": 56.091393, "volume": 22789, "typical_volume": 60002.75, "trend": 51.36686, "fair_value": 40.131116, "relative_strength": 7.641238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.860486, "energy": 62.618122, "activity_lines": [ 55.58657, 55.043094, 53.439338, 52.563304 ] }, { "date": "2025-07-18", "close": 53.473793, "volume": 38411, "typical_volume": 57025.3, "trend": 51.627412, "fair_value": 40.264599, "relative_strength": 2.507985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.032299, "energy": 41.434361, "activity_lines": [ 54.975797, 54.845483, 53.580628, 52.699235 ] }, { "date": "2025-07-25", "close": 54.87608, "volume": 59021, "typical_volume": 57753.55, "trend": 51.88007, "fair_value": 40.409967, "relative_strength": 2.751039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.723689, "energy": 36.983438, "activity_lines": [ 54.907241, 54.87098, 53.84201, 52.908827 ] }, { "date": "2025-08-01", "close": 53.75425, "volume": 73170, "typical_volume": 58310.55, "trend": 52.051018, "fair_value": 40.549198, "relative_strength": 3.565621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.092335, "energy": 23.587897, "activity_lines": [ 54.464742, 54.702705, 53.96939, 53.029741 ] }, { "date": "2025-08-08", "close": 54.502136, "volume": 60295, "typical_volume": 53460.75, "trend": 52.224435, "fair_value": 40.693748, "relative_strength": 2.259436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.388036, "energy": 19.005742, "activity_lines": [ 54.346327, 54.668711, 54.143141, 53.187878 ] }, { "date": "2025-08-15", "close": 53.75425, "volume": 126431, "typical_volume": 57927.15, "trend": 52.301592, "fair_value": 40.871679, "relative_strength": -0.429997, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.657309, "energy": 16.457536, "activity_lines": [ 54.084566, 54.488538, 54.219418, 53.286576 ] }, { "date": "2025-08-22", "close": 53.380306, "volume": 83113, "typical_volume": 59287.75, "trend": 52.44156, "fair_value": 41.073276, "relative_strength": -2.699535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.780361, "energy": 16.658872, "activity_lines": [ 53.853968, 54.250574, 54.234315, 53.35617 ] }, { "date": "2025-08-29", "close": 58.054588, "volume": 194051, "typical_volume": 61359.5, "trend": 52.660847, "fair_value": 41.296674, "relative_strength": 8.401909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.910488, "energy": 36.424047, "activity_lines": [ 55.187696, 54.884576, 54.656609, 53.718301 ] }, { "date": "2025-09-05", "close": 57.493679, "volume": 82268, "typical_volume": 63850.25, "trend": 52.863562, "fair_value": 41.52227, "relative_strength": 7.341094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.841894, "energy": 50.00638, "activity_lines": [ 56.122553, 55.358804, 54.977548, 54.030097 ] }, { "date": "2025-09-12", "close": 59.363388, "volume": 81159, "typical_volume": 66268.25, "trend": 53.050897, "fair_value": 41.77275, "relative_strength": 10.361074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.892511, "energy": 71.196333, "activity_lines": [ 57.431352, 56.125386, 55.441698, 54.44944 ] }, { "date": "2025-09-19", "close": 59.643845, "volume": 40583, "typical_volume": 67058.2, "trend": 53.270042, "fair_value": 42.036349, "relative_strength": 10.352743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.449675, "energy": 77.304222, "activity_lines": [ 58.509553, 56.88347, 55.899639, 54.874792 ] }, { "date": "2025-09-26", "close": 57.213219, "volume": 87681, "typical_volume": 68141.95, "trend": 53.488905, "fair_value": 42.282787, "relative_strength": 5.857808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.053786, "energy": 64.206744, "activity_lines": [ 58.384906, 57.135031, 56.091837, 55.12919 ] }, { "date": "2025-10-03", "close": 57.493679, "volume": 56849, "typical_volume": 64503.6, "trend": 53.766289, "fair_value": 42.526021, "relative_strength": 3.103225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.052434, "energy": 46.684341, "activity_lines": [ 58.098217, 57.369595, 56.284595, 55.387563 ] }, { "date": "2025-10-10", "close": 58.241562, "volume": 52756, "typical_volume": 62225.7, "trend": 54.08985, "fair_value": 42.772207, "relative_strength": 5.187872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.531054, "energy": 37.406281, "activity_lines": [ 58.098217, 57.692546, 56.538787, 55.67629 ] }, { "date": "2025-10-17", "close": 58.989445, "volume": 42149, "typical_volume": 62634.5, "trend": 54.423163, "fair_value": 43.020554, "relative_strength": 6.669575, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.178688, "energy": 34.705069, "activity_lines": [ 58.297653, 58.069888, 56.842393, 55.992393 ] }, { "date": "2025-10-24", "close": 60.204762, "volume": 58457, "typical_volume": 63622.9, "trend": 54.818538, "fair_value": 43.267213, "relative_strength": 5.360432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.991958, "energy": 39.921118, "activity_lines": [ 58.927124, 58.586609, 57.237704, 56.365399 ] }, { "date": "2025-10-31", "close": 59.643845, "volume": 53482, "typical_volume": 64862.05, "trend": 55.291739, "fair_value": 43.500273, "relative_strength": 4.999067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.979005, "energy": 40.051236, "activity_lines": [ 59.332227, 58.884063, 57.551548, 56.676709 ] }, { "date": "2025-11-07", "close": 59.737331, "volume": 59848, "typical_volume": 66600.15, "trend": 55.68337, "fair_value": 43.736038, "relative_strength": 6.313434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.961542, "energy": 42.975108, "activity_lines": [ 59.606452, 59.084632, 57.850257, 56.963522 ] }, { "date": "2025-11-14", "close": 60.120914, "volume": 212769, "typical_volume": 75814.4, "trend": 56.01494, "fair_value": 43.968207, "relative_strength": 6.096884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.530222, "energy": 42.311454, "activity_lines": [ 59.85896, 59.324348, 58.162349, 57.249815 ] }, { "date": "2025-11-21", "close": 56.297646, "volume": 120196, "typical_volume": 80273.9, "trend": 56.143185, "fair_value": 44.174552, "relative_strength": 1.380509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.900348, "energy": 19.378823, "activity_lines": [ 58.711755, 58.821157, 58.085344, 57.268054 ] }, { "date": "2025-11-28", "close": 59.738586, "volume": 47077, "typical_volume": 81488.3, "trend": 56.386128, "fair_value": 44.40269, "relative_strength": 3.84167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.580342, "energy": 22.607189, "activity_lines": [ 58.890984, 58.999331, 58.335066, 57.500015 ] }, { "date": "2025-12-05", "close": 58.496025, "volume": 55126, "typical_volume": 82324.05, "trend": 56.611935, "fair_value": 44.615229, "relative_strength": -0.005418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.44171, "energy": 16.483786, "activity_lines": [ 58.687104, 58.949863, 58.449082, 57.636138 ] }, { "date": "2025-12-12", "close": 57.540207, "volume": 64981, "typical_volume": 82622.05, "trend": 56.682042, "fair_value": 44.817955, "relative_strength": -1.630639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.71839, "energy": 15.80848, "activity_lines": [ 58.24114, 58.703287, 58.448151, 57.696026 ] }, { "date": "2025-12-19", "close": 57.826954, "volume": 47695, "typical_volume": 81348.3, "trend": 56.820915, "fair_value": 45.028838, "relative_strength": -2.01824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.74601, "energy": 11.957354, "activity_lines": [ 58.037233, 58.508, 58.461844, 57.769892 ] }, { "date": "2025-12-26", "close": 57.922535, "volume": 12917, "typical_volume": 78979.4, "trend": 56.953625, "fair_value": 45.237963, "relative_strength": -2.246681, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.535625, "energy": 9.932692, "activity_lines": [ 58.018117, 58.337629, 58.465245, 57.840964 ] }, { "date": "2026-01-02", "close": 59.547424, "volume": 66645, "typical_volume": 75990.1, "trend": 57.128034, "fair_value": 45.45066, "relative_strength": -0.743909, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.297122, "energy": 11.757917, "activity_lines": [ 58.432304, 58.482092, 58.60711, 58.008306 ] }, { "date": "2026-01-09", "close": 57.157879, "volume": 63446, "typical_volume": 75006.75, "trend": 57.213442, "fair_value": 45.64488, "relative_strength": -7.691518, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.915262, "energy": 5.309233, "activity_lines": [ 58.062721, 58.204043, 58.493814, 58.010231 ] }, { "date": "2026-01-16", "close": 57.253464, "volume": 91539, "typical_volume": 69881.15, "trend": 57.292689, "fair_value": 45.846031, "relative_strength": -9.431134, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.266644, "energy": 6.068756, "activity_lines": [ 57.814209, 57.988573, 58.371631, 58.012813 ] }, { "date": "2026-01-23", "close": 57.062298, "volume": 86265, "typical_volume": 70081.0, "trend": 57.365563, "fair_value": 46.040692, "relative_strength": -9.014082, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.562451, "energy": 8.810796, "activity_lines": [ 57.521091, 57.783506, 58.235058, 57.997949 ] }, { "date": "2026-01-30", "close": 56.010899, "volume": 96506, "typical_volume": 70848.35, "trend": 57.362879, "fair_value": 46.219135, "relative_strength": -11.009138, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.220899, "energy": 23.9405, "activity_lines": [ 56.928484, 57.442888, 58.000405, 57.910552 ] }, { "date": "2026-02-06", "close": 57.635788, "volume": 89249, "typical_volume": 73281.65, "trend": 57.414359, "fair_value": 46.40694, "relative_strength": -11.099803, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.850696, "energy": 17.904544, "activity_lines": [ 57.004949, 57.402917, 57.936469, 57.928159 ] }, { "date": "2026-02-13", "close": 58.304863, "volume": 155752, "typical_volume": 76685.2, "trend": 57.575395, "fair_value": 46.5914, "relative_strength": -9.956924, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.876227, "energy": 10.041057, "activity_lines": [ 57.431882, 57.522829, 57.945815, 57.985611 ] }, { "date": "2026-02-20", "close": 60.312077, "volume": 131205, "typical_volume": 80403.0, "trend": 57.756595, "fair_value": 46.800574, "relative_strength": -8.590954, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.051534, "energy": 16.116936, "activity_lines": [ 58.45142, 58.011165, 58.141127, 58.162171 ] }, { "date": "2026-02-27", "close": 65.282333, "volume": 193109, "typical_volume": 87420.65, "trend": 58.140864, "fair_value": 47.040029, "relative_strength": -2.507169, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.448497, "energy": 63.988831, "activity_lines": [ 60.923802, 59.352786, 58.796375, 58.647702 ] }, { "date": "2026-03-06", "close": 62.606041, "volume": 122596, "typical_volume": 91443.0, "trend": 58.410994, "fair_value": 47.266541, "relative_strength": -1.072991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.125853, "energy": 66.791368, "activity_lines": [ 61.956085, 60.072256, 59.163211, 58.935778 ] }, { "date": "2026-03-13", "close": 62.797199, "volume": 78363, "typical_volume": 92438.3, "trend": 58.712426, "fair_value": 47.472689, "relative_strength": -0.368276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.755578, "energy": 70.48155, "activity_lines": [ 62.612412, 60.741327, 59.531031, 59.218759 ] }, { "date": "2026-03-20", "close": 61.554642, "volume": 114206, "typical_volume": 95474.5, "trend": 58.984904, "fair_value": 47.672453, "relative_strength": 2.641433, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.517164, "energy": 64.817833, "activity_lines": [ 62.510458, 61.125392, 59.768167, 59.402128 ] }, { "date": "2026-03-27", "close": 67.480705, "volume": 67791, "typical_volume": 95871.65, "trend": 59.299108, "fair_value": 47.907834, "relative_strength": 12.084879, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.911648, "energy": 59.92246, "activity_lines": [ 64.167207, 62.506982, 60.56059, 59.950244 ] }, { "date": "2026-04-03", "close": 67.767456, "volume": 86893, "typical_volume": 89577.85, "trend": 59.641567, "fair_value": 48.145054, "relative_strength": 8.402994, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.535194, "energy": 58.585912, "activity_lines": [ 65.441631, 63.754758, 61.34345, 60.496589 ] }, { "date": "2026-04-10", "close": 70.730484, "volume": 52970, "typical_volume": 86216.55, "trend": 60.02047, "fair_value": 48.398372, "relative_strength": 7.731655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.578434, "energy": 72.095328, "activity_lines": [ 67.538056, 65.346628, 62.372092, 61.212003 ] }, { "date": "2026-04-17", "close": 70.634911, "volume": 100354, "typical_volume": 88880.4, "trend": 60.386839, "fair_value": 48.641336, "relative_strength": 5.058149, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.177657, "energy": 77.671106, "activity_lines": [ 69.060994, 66.653492, 63.322903, 61.896806 ] }, { "date": "2026-04-24", "close": 65.760239, "volume": 101228, "typical_volume": 91185.5, "trend": 60.67174, "fair_value": 48.855421, "relative_strength": 0.401245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.516565, "energy": 60.474207, "activity_lines": [ 68.436527, 66.837705, 63.757572, 62.243477 ] }, { "date": "2026-05-01", "close": 64.230927, "volume": 142122, "typical_volume": 95042.55, "trend": 60.896315, "fair_value": 49.05786, "relative_strength": -0.60481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.193359, "energy": 40.002368, "activity_lines": [ 67.021917, 66.608308, 64.012002, 62.473102 ] }, { "date": "2026-05-08", "close": 64.708832, "volume": 86918, "typical_volume": 97003.7, "trend": 61.11189, "fair_value": 49.26231, "relative_strength": -0.289182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.074231, "energy": 24.654729, "activity_lines": [ 65.983259, 66.394551, 64.280085, 62.719071 ] }, { "date": "2026-05-15", "close": 64.995583, "volume": 86643, "typical_volume": 100690.0, "trend": 61.312095, "fair_value": 49.459647, "relative_strength": 1.416947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.715757, "energy": 20.487875, "activity_lines": [ 65.244094, 66.243358, 64.542707, 62.969631 ] }, { "date": "2026-05-22", "close": 65.900002, "volume": 128375, "typical_volume": 103776.5, "trend": 61.501936, "fair_value": 49.661992, "relative_strength": -0.694062, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.492757, "energy": 18.846437, "activity_lines": [ 65.188729, 66.213159, 64.857784, 63.265625 ] }, { "date": "2026-05-29", "close": 65.599998, "volume": 57601, "typical_volume": 103484.25, "trend": 61.700475, "fair_value": 49.849418, "relative_strength": -0.82902, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.799625, "energy": 15.703296, "activity_lines": [ 65.349023, 66.071999, 65.114038, 63.530016 ] }, { "date": "2026-06-05", "close": 63.700001, "volume": 6532, "typical_volume": 99233.9, "trend": 61.832564, "fair_value": 50.019411, "relative_strength": -2.933653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.816633, "energy": 14.096727, "activity_lines": [ 64.886667, 65.511833, 65.149139, 63.659018 ] }, { "date": "2026-06-12", "close": 63.099998, "volume": 15257, "typical_volume": 95683.5, "trend": 61.931867, "fair_value": 50.186388, "relative_strength": -3.590561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.214234, "energy": 8.80866, "activity_lines": [ 64.259705, 64.911316, 65.096399, 63.740788 ] }, { "date": "2026-06-19", "close": 61.599998, "volume": 52113, "typical_volume": 93463.85, "trend": 62.108612, "fair_value": 50.357297, "relative_strength": -7.551513, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.104554, "energy": 9.72649, "activity_lines": [ 63.239999, 64.122934, 64.872052, 63.719377 ] }, { "date": "2026-06-26", "close": 61.299999, "volume": 11226, "typical_volume": 89562.7, "trend": 62.160659, "fair_value": 50.515777, "relative_strength": -7.06023, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -4.097517, "energy": 22.78845, "activity_lines": [ 62.346665, 63.446016, 64.592518, 63.667209 ] }, { "date": "2026-07-03", "close": 61.5, "volume": 21189, "typical_volume": 82834.55, "trend": 62.260791, "fair_value": 50.679409, "relative_strength": -9.158733, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.507324, "energy": 39.987444, "activity_lines": [ 61.826666, 62.975187, 64.314583, 63.624586 ] }, { "date": "2026-07-10", "close": 65.699997, "volume": 78626, "typical_volume": 80205.6, "trend": 62.532784, "fair_value": 50.8672, "relative_strength": -0.715181, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 14.347081, "energy": 21.253486, "activity_lines": [ 62.979998, 63.345453, 64.421433, 63.84647 ] }, { "date": "2026-07-17", "close": 66.599998, "volume": 55495, "typical_volume": 73324.9, "trend": 62.825219, "fair_value": 51.06629, "relative_strength": 1.615619, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.124989, "energy": 16.870626, "activity_lines": [ 64.299998, 63.852646, 64.588341, 64.108871 ] }, { "date": "2026-07-24", "close": 64.300003, "volume": 43554, "typical_volume": 69372.8, "trend": 63.037801, "fair_value": 51.250636, "relative_strength": -3.423387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.755156, "energy": 19.835762, "activity_lines": [ 64.62, 63.907272, 64.529927, 64.204018 ] }, { "date": "2026-07-31", "close": 64.900002, "volume": 30254, "typical_volume": 66967.35, "trend": 63.216221, "fair_value": 51.437723, "relative_strength": -3.833045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.828882, "energy": 27.517442, "activity_lines": [ 64.960001, 64.083636, 64.520589, 64.32416 ] }, { "date": "2026-08-07", "close": 64.5, "volume": 48085, "typical_volume": 63661.3, "trend": 63.460958, "fair_value": 51.626669, "relative_strength": -6.186165, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.858146, "energy": 23.917527, "activity_lines": [ 64.926667, 64.205454, 64.463142, 64.406985 ] } ], "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." } } }