{ "ticker": { "uuid": "d72f258a-69b1-49ad-9276-3accd77c7e01", "symbol": "CEU", "name": "Amundi MSCI Europe ESG Broad Transition - UCITS ETF DR - EUR (C)", "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": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.002, "architecture_energy": 76.999, "architecture_maturity": 41.723, "architecture_confidence": 90.072, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 8.57, "rotation_up": 63.57, "upward_expansion": 89.12, "deceleration": 50.86, "rotation_down": 23.28, "downward_expansion": 15.79 }, "activity_lines": [ 446.846671, 443.970983, 435.657251, 428.643091 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 453.950012, "trend_reference": 421.397499, "distance_from_trend": 0.077249, "trend_direction": "Improving", "fair_value": 355.044697, "distance_from_fair_value": 0.278571, "fair_value_direction": "Improving", "relative_strength": 4.878723, "relative_strength_direction": "Weakening", "price_momentum": 0.095561, "excess_performance": 0.042249, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.077249, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041498, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.278571, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.067976, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.048787, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.01043, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.095561, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.329565, "read": "Demand-led" } ], "volume": { "latest": 25233, "relative_activity": 4.85703, "balance": 1.329565, "dry_up": 2.140362, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.018384, "annualized_volatility": 0.15587, "from_high_reference": -0.003403, "from_low_reference": 0.252656 }, "levels": { "trend_reference": 421.397499, "fair_value_reference": 355.044697, "structural_low": 375.700012, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.009898, "positive_rate": 0.589744, "directional_follow_through": 0.589744, "median_excess_return": 0.002285, "regime_survival": 0.794872, "best_return": 0.074812, "worst_return": -0.054558, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.020237, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": 0.009437, "regime_survival": 0.538462, "best_return": 0.076589, "worst_return": -0.033083, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.062592, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.04239, "regime_survival": 0.625, "best_return": 0.157066, "worst_return": -0.118381, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.110695, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.064119, "regime_survival": 0.5, "best_return": 0.154531, "worst_return": -0.05401, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-08", "end": "2023-12-22", "tenure": "New", "return": 0.01273, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-06-28", "tenure": "Extended", "return": 0.098376, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-09-27", "tenure": "Established", "return": 0.034074, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-11-08", "tenure": "Developing", "return": -0.025164, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2025-01-24", "tenure": "Developing", "return": 0.054878, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": -0.000225, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.016468, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.098686, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.005955, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": -0.023047, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-07-18", "tenure": "New", "return": -0.000206, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-03-20", "tenure": "Extended", "return": 0.049362, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.0689, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.097842, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 284.378998, "volume": 6065, "typical_volume": 6654.65, "trend": 288.584249, "fair_value": 268.675035, "relative_strength": -1.205073, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.82171, "energy": 4.308313, "activity_lines": [ 289.669198, 290.592659, 291.386084, 290.319332 ] }, { "date": "2023-08-25", "close": 286.454407, "volume": 3483, "typical_volume": 6524.9, "trend": 288.705492, "fair_value": 269.107614, "relative_strength": -1.24208, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.097001, "energy": 20.23642, "activity_lines": [ 287.942601, 289.761998, 290.892319, 290.181923 ] }, { "date": "2023-09-01", "close": 290.494904, "volume": 2611, "typical_volume": 6443.0, "trend": 288.867733, "fair_value": 269.587992, "relative_strength": -0.654853, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.38035, "energy": 16.959367, "activity_lines": [ 288.148509, 289.838351, 290.785465, 290.297369 ] }, { "date": "2023-09-08", "close": 287.811707, "volume": 1879, "typical_volume": 6084.8, "trend": 288.997839, "fair_value": 270.029944, "relative_strength": -0.68881, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -15.687425, "energy": 19.519363, "activity_lines": [ 287.967871, 289.356567, 290.42998, 290.229238 ] }, { "date": "2023-09-15", "close": 292.72229, "volume": 1006, "typical_volume": 5492.8, "trend": 289.178583, "fair_value": 270.503164, "relative_strength": -0.774562, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.199319, "energy": 9.025524, "activity_lines": [ 289.575387, 289.862833, 290.562504, 290.469525 ] }, { "date": "2023-09-22", "close": 287.311188, "volume": 6793, "typical_volume": 5502.35, "trend": 289.319396, "fair_value": 270.990241, "relative_strength": 0.127285, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.807894, "energy": 9.213722, "activity_lines": [ 289.221629, 289.224271, 290.177199, 290.349048 ] }, { "date": "2023-09-29", "close": 285.54361, "volume": 1606, "typical_volume": 5066.35, "trend": 289.25623, "fair_value": 271.438884, "relative_strength": 0.295867, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.077647, "energy": 15.069959, "activity_lines": [ 288.083199, 288.3601, 289.649086, 290.105449 ] }, { "date": "2023-10-06", "close": 282.313293, "volume": 40904, "typical_volume": 6926.8, "trend": 289.300439, "fair_value": 271.837687, "relative_strength": 0.280991, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.95742, "energy": 32.039981, "activity_lines": [ 285.928717, 287.084888, 288.851772, 289.657518 ] }, { "date": "2023-10-13", "close": 284.195404, "volume": 3934, "typical_volume": 6664.5, "trend": 289.719437, "fair_value": 272.2591, "relative_strength": 1.775707, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.307731, "energy": 53.938635, "activity_lines": [ 284.947046, 286.43914, 288.300445, 289.328161 ] }, { "date": "2023-10-20", "close": 273.957092, "volume": 3944, "typical_volume": 6157.7, "trend": 289.68709, "fair_value": 272.632248, "relative_strength": 0.82561, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.794301, "energy": 72.478024, "activity_lines": [ 280.793691, 284.038893, 286.811413, 288.311235 ] }, { "date": "2023-10-27", "close": 271.824799, "volume": 1699, "typical_volume": 6112.7, "trend": 289.18025, "fair_value": 273.067445, "relative_strength": 0.366707, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.812087, "energy": 80.639989, "activity_lines": [ 277.180585, 281.549167, 285.20994, 287.158829 ] }, { "date": "2023-11-03", "close": 281.872986, "volume": 10756, "typical_volume": 6529.55, "trend": 289.012823, "fair_value": 273.477697, "relative_strength": 0.355558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.565059, "energy": 68.716329, "activity_lines": [ 277.9493, 281.114643, 284.660419, 286.687393 ] }, { "date": "2023-11-10", "close": 280.90799, "volume": 6376, "typical_volume": 6610.5, "trend": 288.644879, "fair_value": 273.806989, "relative_strength": 0.089924, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.276154, "energy": 61.836723, "activity_lines": [ 278.641059, 280.587963, 284.085957, 286.164501 ] }, { "date": "2023-11-17", "close": 289.05249, "volume": 892, "typical_volume": 6377.25, "trend": 288.543892, "fair_value": 274.171499, "relative_strength": 0.335271, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.608539, "energy": 22.174701, "activity_lines": [ 282.141337, 281.71641, 284.314405, 286.190798 ] }, { "date": "2023-11-24", "close": 292.077209, "volume": 8135, "typical_volume": 6543.15, "trend": 288.539799, "fair_value": 274.541626, "relative_strength": 0.609996, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -6.533737, "energy": 16.557852, "activity_lines": [ 286.32605, 283.372245, 284.849952, 286.418754 ] }, { "date": "2023-12-01", "close": 296.754089, "volume": 29376, "typical_volume": 7676.2, "trend": 288.675829, "fair_value": 274.935264, "relative_strength": 1.505989, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 34.071596, "energy": 35.687646, "activity_lines": [ 290.861714, 285.890151, 285.791823, 286.948708 ] }, { "date": "2023-12-08", "close": 300.630798, "volume": 16476, "typical_volume": 8340.85, "trend": 288.909599, "fair_value": 275.367917, "relative_strength": 0.413723, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.171553, "energy": 51.841729, "activity_lines": [ 295.027663, 288.941224, 287.083021, 287.719996 ] }, { "date": "2023-12-15", "close": 303.636902, "volume": 2875, "typical_volume": 7986.3, "trend": 289.153216, "fair_value": 275.798905, "relative_strength": 0.520902, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.639414, "energy": 72.116709, "activity_lines": [ 298.945125, 292.264549, 288.634841, 288.670145 ] }, { "date": "2023-12-22", "close": 304.457794, "volume": 24578, "typical_volume": 8917.2, "trend": 289.567022, "fair_value": 276.235196, "relative_strength": 1.189135, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.988807, "energy": 87.90329, "activity_lines": [ 301.620957, 295.349425, 290.238536, 289.657537 ] }, { "date": "2023-12-29", "close": 304.515594, "volume": 6111, "typical_volume": 8974.95, "trend": 289.951201, "fair_value": 276.666449, "relative_strength": 1.577701, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.702896, "energy": 87.734368, "activity_lines": [ 303.289036, 298.076403, 291.779275, 290.621961 ] }, { "date": "2024-01-05", "close": 303.30191, "volume": 1802, "typical_volume": 8761.8, "trend": 290.335562, "fair_value": 277.038671, "relative_strength": 2.813363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.250981, "energy": 84.360168, "activity_lines": [ 303.723327, 300.027102, 293.137012, 291.483297 ] }, { "date": "2024-01-12", "close": 303.810608, "volume": 5510, "typical_volume": 8863.15, "trend": 290.598075, "fair_value": 277.425407, "relative_strength": 2.341337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.352767, "energy": 79.320824, "activity_lines": [ 303.890663, 301.497981, 294.453086, 292.352655 ] }, { "date": "2024-01-19", "close": 300.042114, "volume": 19250, "typical_volume": 9695.1, "trend": 291.045169, "fair_value": 277.786508, "relative_strength": 2.324493, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.411644, "energy": 56.992655, "activity_lines": [ 302.589848, 301.884813, 295.327608, 292.961948 ] }, { "date": "2024-01-26", "close": 309.862793, "volume": 11356, "typical_volume": 10168.95, "trend": 291.605642, "fair_value": 278.26174, "relative_strength": 2.003591, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.553904, "energy": 62.378419, "activity_lines": [ 304.802244, 303.709329, 297.09197, 294.175988 ] }, { "date": "2024-02-02", "close": 309.406799, "volume": 1228, "typical_volume": 10180.05, "trend": 292.456942, "fair_value": 278.680787, "relative_strength": 2.352578, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.219606, "energy": 71.081806, "activity_lines": [ 306.502309, 305.072569, 298.707899, 295.32445 ] }, { "date": "2024-02-09", "close": 308.632385, "volume": 12383, "typical_volume": 10459.55, "trend": 292.992072, "fair_value": 279.080039, "relative_strength": 1.332388, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.323867, "energy": 71.968262, "activity_lines": [ 307.618156, 305.979923, 300.170624, 296.368027 ] }, { "date": "2024-02-16", "close": 313.0112, "volume": 5567, "typical_volume": 10657.6, "trend": 293.584461, "fair_value": 279.499646, "relative_strength": 1.115513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.905157, "energy": 89.131539, "activity_lines": [ 309.838242, 307.467455, 301.948849, 297.659584 ] }, { "date": "2024-02-23", "close": 317.36319, "volume": 10161, "typical_volume": 9120.45, "trend": 294.226144, "fair_value": 279.983493, "relative_strength": -0.054725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.278143, "energy": 92.346071, "activity_lines": [ 312.89562, 309.521161, 304.010752, 299.193695 ] }, { "date": "2024-03-01", "close": 317.786102, "volume": 11362, "typical_volume": 9491.85, "trend": 295.149645, "fair_value": 280.452175, "relative_strength": 0.443192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.128632, "energy": 91.797462, "activity_lines": [ 314.939229, 311.402191, 305.946028, 300.713692 ] }, { "date": "2024-03-08", "close": 322.230988, "volume": 1763, "typical_volume": 9382.8, "trend": 296.212054, "fair_value": 280.893716, "relative_strength": 0.598201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.30869, "energy": 94.533959, "activity_lines": [ 317.936247, 313.849048, 308.14467, 302.460876 ] }, { "date": "2024-03-15", "close": 322.627686, "volume": 1971, "typical_volume": 9396.4, "trend": 297.487011, "fair_value": 281.3358, "relative_strength": -0.974038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.448042, "energy": 91.85902, "activity_lines": [ 320.210551, 316.045935, 310.151218, 304.16511 ] }, { "date": "2024-03-22", "close": 325.293091, "volume": 7816, "typical_volume": 9249.4, "trend": 298.781633, "fair_value": 281.780531, "relative_strength": -0.038035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.88535, "energy": 90.741612, "activity_lines": [ 322.440304, 318.376063, 312.169695, 305.959051 ] }, { "date": "2024-03-29", "close": 327.838104, "volume": 1840, "typical_volume": 9022.6, "trend": 300.026407, "fair_value": 282.219723, "relative_strength": 0.046138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.957087, "energy": 86.864651, "activity_lines": [ 324.699601, 320.77833, 314.223792, 307.833662 ] }, { "date": "2024-04-05", "close": 322.958405, "volume": 3028, "typical_volume": 9129.4, "trend": 301.197963, "fair_value": 282.608434, "relative_strength": 0.280434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.898524, "energy": 67.371485, "activity_lines": [ 324.634005, 321.787998, 315.589679, 309.313145 ] }, { "date": "2024-04-12", "close": 322.377289, "volume": 8911, "typical_volume": 9168.2, "trend": 302.186463, "fair_value": 282.973078, "relative_strength": 0.662061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.820074, "energy": 65.290487, "activity_lines": [ 324.029883, 322.453906, 316.738764, 310.679554 ] }, { "date": "2024-04-19", "close": 319.344299, "volume": 6842, "typical_volume": 8041.5, "trend": 303.254234, "fair_value": 283.329467, "relative_strength": -0.489142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.19524, "energy": 58.676993, "activity_lines": [ 322.405011, 322.332534, 317.454708, 311.786511 ] }, { "date": "2024-04-26", "close": 326.425598, "volume": 5537, "typical_volume": 7494.55, "trend": 304.616967, "fair_value": 283.735486, "relative_strength": 0.823963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.976267, "energy": 59.895394, "activity_lines": [ 323.359464, 323.303909, 318.737488, 313.281437 ] }, { "date": "2024-05-03", "close": 326.253296, "volume": 9376, "typical_volume": 7819.6, "trend": 306.081633, "fair_value": 284.107595, "relative_strength": 2.345642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.378318, "energy": 56.864269, "activity_lines": [ 324.180983, 324.000058, 319.881027, 314.67733 ] }, { "date": "2024-05-10", "close": 337.783905, "volume": 2423, "typical_volume": 6711.85, "trend": 307.867917, "fair_value": 284.558396, "relative_strength": 2.51683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.82764, "energy": 70.587391, "activity_lines": [ 328.951693, 326.631044, 322.015021, 316.722637 ] }, { "date": "2024-05-17", "close": 339.639191, "volume": 2746, "typical_volume": 6543.6, "trend": 310.05732, "fair_value": 285.01366, "relative_strength": 3.630652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.603997, "energy": 91.695109, "activity_lines": [ 333.352464, 329.235757, 324.167014, 318.772397 ] }, { "date": "2024-05-24", "close": 338.868896, "volume": 1339, "typical_volume": 6520.45, "trend": 312.292123, "fair_value": 285.446515, "relative_strength": 4.224104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.229317, "energy": 91.112575, "activity_lines": [ 336.345677, 331.383904, 326.07839, 320.631208 ] }, { "date": "2024-05-31", "close": 336.97171, "volume": 1227, "typical_volume": 6306.3, "trend": 314.128747, "fair_value": 285.852548, "relative_strength": 4.871017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.031812, "energy": 86.751105, "activity_lines": [ 337.404854, 332.891814, 327.639715, 322.22344 ] }, { "date": "2024-06-07", "close": 342.058685, "volume": 5800, "typical_volume": 5633.8, "trend": 316.167104, "fair_value": 286.269551, "relative_strength": 6.218613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.588742, "energy": 87.864488, "activity_lines": [ 339.456616, 335.11229, 329.527604, 324.025371 ] }, { "date": "2024-06-14", "close": 334.022888, "volume": 1961, "typical_volume": 5164.05, "trend": 317.666117, "fair_value": 286.654999, "relative_strength": 10.379361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.829481, "energy": 62.528118, "activity_lines": [ 337.776086, 335.613155, 330.4501, 325.177357 ] }, { "date": "2024-06-21", "close": 336.304596, "volume": 4625, "typical_volume": 5333.9, "trend": 319.140363, "fair_value": 287.031291, "relative_strength": 9.096165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.295477, "energy": 54.308583, "activity_lines": [ 337.10686, 336.327704, 331.474853, 326.37984 ] }, { "date": "2024-06-28", "close": 334.472504, "volume": 2107, "typical_volume": 4820.1, "trend": 320.397644, "fair_value": 287.400939, "relative_strength": 10.396906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.16181, "energy": 42.809873, "activity_lines": [ 336.049243, 336.455922, 332.197037, 327.36901 ] }, { "date": "2024-07-05", "close": 337.330902, "volume": 1856, "typical_volume": 4634.55, "trend": 321.620981, "fair_value": 287.785082, "relative_strength": 8.286672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.883617, "energy": 35.77842, "activity_lines": [ 336.237518, 336.82879, 333.068401, 328.461478 ] }, { "date": "2024-07-12", "close": 342.715607, "volume": 3636, "typical_volume": 4308.3, "trend": 322.923604, "fair_value": 288.215674, "relative_strength": 9.078977, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.864606, "energy": 49.076572, "activity_lines": [ 338.196749, 337.982417, 334.336786, 329.822422 ] }, { "date": "2024-07-19", "close": 332.455688, "volume": 2186, "typical_volume": 3849.5, "trend": 323.856867, "fair_value": 288.555947, "relative_strength": 8.253632, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.015495, "energy": 31.483279, "activity_lines": [ 336.692212, 336.97129, 334.50731, 330.437395 ] }, { "date": "2024-07-26", "close": 336.118408, "volume": 5794, "typical_volume": 4051.05, "trend": 324.910295, "fair_value": 288.919033, "relative_strength": 9.441688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.662998, "energy": 29.624911, "activity_lines": [ 336.513061, 336.722989, 334.956809, 331.228462 ] }, { "date": "2024-08-02", "close": 325.224915, "volume": 3612, "typical_volume": 4133.1, "trend": 325.641061, "fair_value": 289.179046, "relative_strength": 9.509592, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.594072, "energy": 9.996166, "activity_lines": [ 332.715159, 334.558066, 334.302702, 331.24876 ] }, { "date": "2024-08-09", "close": 326.587006, "volume": 6202, "typical_volume": 4052.4, "trend": 326.400275, "fair_value": 289.423481, "relative_strength": 9.421542, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.240602, "energy": 15.701, "activity_lines": [ 329.987793, 332.888869, 333.76595, 331.309789 ] }, { "date": "2024-08-16", "close": 335.253693, "volume": 889, "typical_volume": 4004.85, "trend": 327.573994, "fair_value": 289.751304, "relative_strength": 9.339602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.475968, "energy": 16.782867, "activity_lines": [ 330.865583, 332.984246, 334.048436, 331.880977 ] }, { "date": "2024-08-23", "close": 340.705811, "volume": 896, "typical_volume": 3898.25, "trend": 328.602095, "fair_value": 290.100663, "relative_strength": 8.978243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.761292, "energy": 16.985871, "activity_lines": [ 334.058206, 334.194644, 334.814858, 332.728191 ] }, { "date": "2024-08-30", "close": 345.531189, "volume": 828, "typical_volume": 3494.1, "trend": 329.806241, "fair_value": 290.483279, "relative_strength": 9.461885, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.262175, "energy": 42.146299, "activity_lines": [ 338.30928, 336.160876, 335.956329, 333.820391 ] }, { "date": "2024-09-06", "close": 334.254211, "volume": 3147, "typical_volume": 3309.35, "trend": 330.660302, "fair_value": 290.814929, "relative_strength": 9.611442, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.640003, "energy": 30.53303, "activity_lines": [ 338.173842, 335.908992, 335.913546, 334.107357 ] }, { "date": "2024-09-13", "close": 339.828705, "volume": 6661, "typical_volume": 3365.55, "trend": 331.554219, "fair_value": 291.19838, "relative_strength": 9.456452, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.267232, "energy": 43.846922, "activity_lines": [ 339.294617, 336.674622, 336.330667, 334.698867 ] }, { "date": "2024-09-20", "close": 338.833405, "volume": 2636, "typical_volume": 3028.55, "trend": 332.269892, "fair_value": 291.569288, "relative_strength": 8.366502, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.296668, "energy": 42.177296, "activity_lines": [ 339.200844, 337.213873, 336.589173, 335.168492 ] }, { "date": "2024-09-27", "close": 348.825104, "volume": 2479, "typical_volume": 3031.35, "trend": 333.304526, "fair_value": 292.038947, "relative_strength": 7.153253, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.845045, "energy": 46.20444, "activity_lines": [ 342.198991, 339.640382, 337.739364, 336.23657 ] }, { "date": "2024-10-04", "close": 341.479401, "volume": 1723, "typical_volume": 2980.2, "trend": 333.94614, "fair_value": 292.443492, "relative_strength": 8.116686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.416643, "energy": 40.829042, "activity_lines": [ 342.207284, 340.433683, 338.137387, 336.763981 ] }, { "date": "2024-10-11", "close": 344.556702, "volume": 3727, "typical_volume": 3099.6, "trend": 334.677107, "fair_value": 292.82017, "relative_strength": 8.321899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.723115, "energy": 44.151273, "activity_lines": [ 343.511463, 341.689021, 338.819724, 337.448534 ] }, { "date": "2024-10-18", "close": 346.282288, "volume": 3661, "typical_volume": 3221.3, "trend": 335.376747, "fair_value": 293.197739, "relative_strength": 8.09946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.700975, "energy": 54.044604, "activity_lines": [ 344.704004, 342.906615, 339.639318, 338.197255 ] }, { "date": "2024-10-25", "close": 341.367188, "volume": 4252, "typical_volume": 3143.9, "trend": 335.827716, "fair_value": 293.530039, "relative_strength": 7.934136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.14821, "energy": 32.507354, "activity_lines": [ 343.82794, 342.872458, 339.94647, 338.583735 ] }, { "date": "2024-11-01", "close": 336.271393, "volume": 4569, "typical_volume": 3274.3, "trend": 336.271482, "fair_value": 293.798707, "relative_strength": 7.328208, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.253343, "energy": 17.382131, "activity_lines": [ 341.084359, 341.800638, 339.771602, 338.612359 ] }, { "date": "2024-11-08", "close": 332.886505, "volume": 3507, "typical_volume": 3218.4, "trend": 336.62179, "fair_value": 294.031779, "relative_strength": 7.000644, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.716104, "energy": 11.551275, "activity_lines": [ 338.049396, 340.19401, 339.263656, 338.393974 ] }, { "date": "2024-11-15", "close": 331.355011, "volume": 9868, "typical_volume": 3606.45, "trend": 337.022147, "fair_value": 294.257371, "relative_strength": 7.246339, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.512702, "energy": 26.509917, "activity_lines": [ 335.076795, 338.538832, 338.62613, 338.054182 ] }, { "date": "2024-11-22", "close": 335.48999, "volume": 37941, "typical_volume": 5410.7, "trend": 337.324293, "fair_value": 294.595233, "relative_strength": 8.499473, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.688558, "energy": 24.603533, "activity_lines": [ 334.362632, 337.688181, 338.397257, 337.955333 ] }, { "date": "2024-11-29", "close": 336.5578, "volume": 3921, "typical_volume": 5424.95, "trend": 337.667777, "fair_value": 294.940835, "relative_strength": 8.843548, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.987898, "energy": 24.94, "activity_lines": [ 334.723893, 337.110564, 338.278847, 337.905882 ] }, { "date": "2024-12-06", "close": 343.649597, "volume": 8258, "typical_volume": 5728.55, "trend": 337.8633, "fair_value": 295.28125, "relative_strength": 7.959949, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.62246, "energy": 7.630931, "activity_lines": [ 337.769712, 337.863738, 338.865168, 338.291805 ] }, { "date": "2024-12-13", "close": 341.616486, "volume": 6592, "typical_volume": 5768.45, "trend": 337.929209, "fair_value": 295.615215, "relative_strength": 7.276588, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.800345, "energy": 20.29348, "activity_lines": [ 339.645947, 338.341356, 339.204556, 338.533946 ] }, { "date": "2024-12-20", "close": 332.377991, "volume": 7027, "typical_volume": 5939.2, "trend": 337.712846, "fair_value": 295.855378, "relative_strength": 6.054372, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.429763, "energy": 6.976909, "activity_lines": [ 337.860685, 337.136755, 338.637906, 338.175803 ] }, { "date": "2024-12-27", "close": 335.241211, "volume": 2102, "typical_volume": 5734.2, "trend": 337.655163, "fair_value": 296.093807, "relative_strength": 5.546222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.808073, "energy": 4.715898, "activity_lines": [ 336.961631, 336.674171, 338.309881, 338.016343 ] }, { "date": "2025-01-03", "close": 335.660797, "volume": 4022, "typical_volume": 5890.85, "trend": 337.4419, "fair_value": 296.337407, "relative_strength": 6.492271, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.447017, "energy": 14.330848, "activity_lines": [ 336.219025, 336.488621, 337.980606, 337.887674 ] }, { "date": "2025-01-10", "close": 337.701385, "volume": 9252, "typical_volume": 6308.65, "trend": 337.564516, "fair_value": 296.609307, "relative_strength": 4.77301, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.346954, "energy": 17.902275, "activity_lines": [ 336.216414, 336.777841, 337.843734, 337.904415 ] }, { "date": "2025-01-17", "close": 345.680115, "volume": 858, "typical_volume": 6310.15, "trend": 337.877034, "fair_value": 296.959851, "relative_strength": 3.182228, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.076161, "energy": 23.154156, "activity_lines": [ 339.269928, 338.491739, 338.481048, 338.428002 ] }, { "date": "2025-01-24", "close": 349.539215, "volume": 6905, "typical_volume": 6498.05, "trend": 338.379257, "fair_value": 297.362079, "relative_strength": 1.309756, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.713835, "energy": 50.881234, "activity_lines": [ 343.3389, 340.67468, 339.485186, 339.180401 ] }, { "date": "2025-01-31", "close": 355.640106, "volume": 2418, "typical_volume": 6285.9, "trend": 338.989564, "fair_value": 297.817331, "relative_strength": 2.605178, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.957972, "energy": 74.777422, "activity_lines": [ 348.29742, 343.636252, 340.997576, 340.294004 ] }, { "date": "2025-02-07", "close": 357.565613, "volume": 6517, "typical_volume": 6479.95, "trend": 339.484564, "fair_value": 298.253583, "relative_strength": 2.661616, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.528262, "energy": 82.072694, "activity_lines": [ 352.53785, 346.581551, 342.618054, 341.492459 ] }, { "date": "2025-02-14", "close": 364.169312, "volume": 8964, "typical_volume": 6804.2, "trend": 340.541685, "fair_value": 298.765319, "relative_strength": 1.740691, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.490149, "energy": 90.222997, "activity_lines": [ 357.519192, 350.345562, 344.778256, 343.085023 ] }, { "date": "2025-02-21", "close": 365.617493, "volume": 6195, "typical_volume": 7027.8, "trend": 341.524988, "fair_value": 299.308815, "relative_strength": 2.22171, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.943894, "energy": 92.887783, "activity_lines": [ 361.218732, 353.999793, 347.003312, 344.702817 ] }, { "date": "2025-02-28", "close": 367.483307, "volume": 7289, "typical_volume": 7205.9, "trend": 342.933601, "fair_value": 299.989639, "relative_strength": 3.049271, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.809141, "energy": 91.684037, "activity_lines": [ 364.211052, 357.55688, 349.291121, 346.377548 ] }, { "date": "2025-03-07", "close": 362.88269, "volume": 10223, "typical_volume": 7534.0, "trend": 344.143457, "fair_value": 300.615546, "relative_strength": 1.442485, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.577715, "energy": 86.064843, "activity_lines": [ 364.47356, 359.639214, 351.031602, 347.664586 ] }, { "date": "2025-03-14", "close": 357.092194, "volume": 8755, "typical_volume": 7759.15, "trend": 344.871407, "fair_value": 301.101927, "relative_strength": 0.75588, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.022208, "energy": 57.609348, "activity_lines": [ 362.323063, 360.166158, 352.141558, 348.499988 ] }, { "date": "2025-03-21", "close": 359.784302, "volume": 5842, "typical_volume": 7822.8, "trend": 345.507357, "fair_value": 301.618026, "relative_strength": 1.117597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.639824, "energy": 51.074101, "activity_lines": [ 361.101498, 360.792914, 353.433024, 349.46211 ] }, { "date": "2025-03-28", "close": 355.559998, "volume": 3985, "typical_volume": 7846.7, "trend": 345.84165, "fair_value": 302.081695, "relative_strength": 1.313294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.288043, "energy": 32.977732, "activity_lines": [ 358.764164, 360.250107, 354.210209, 350.110668 ] }, { "date": "2025-04-04", "close": 326.418213, "volume": 35918, "typical_volume": 9149.2, "trend": 345.580451, "fair_value": 302.34725, "relative_strength": 0.995876, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -7.574569, "energy": 23.251373, "activity_lines": [ 347.383403, 354.22916, 352.104017, 348.857543 ] }, { "date": "2025-04-11", "close": 321.042694, "volume": 18086, "typical_volume": 8156.45, "trend": 344.95425, "fair_value": 302.582935, "relative_strength": 1.49433, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.077762, "energy": 46.889241, "activity_lines": [ 336.948474, 347.651228, 349.509379, 347.274462 ] }, { "date": "2025-04-18", "close": 333.305115, "volume": 15160, "typical_volume": 8718.4, "trend": 344.769974, "fair_value": 302.920942, "relative_strength": 2.489429, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.686517, "energy": 43.159752, "activity_lines": [ 333.390353, 343.93187, 348.151387, 346.522905 ] }, { "date": "2025-04-25", "close": 344.339996, "volume": 8637, "typical_volume": 8737.35, "trend": 344.62047, "fair_value": 303.332604, "relative_strength": 2.129874, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.681864, "energy": 40.174887, "activity_lines": [ 335.09633, 342.659954, 347.859826, 346.495164 ] }, { "date": "2025-05-02", "close": 355.717407, "volume": 5838, "typical_volume": 8699.65, "trend": 345.09507, "fair_value": 303.901336, "relative_strength": 2.114456, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.371522, "energy": 18.628515, "activity_lines": [ 341.624398, 343.817192, 348.64854, 347.211096 ] }, { "date": "2025-05-09", "close": 357.374603, "volume": 25842, "typical_volume": 9640.4, "trend": 345.522334, "fair_value": 304.461856, "relative_strength": 2.721653, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 23.448923, "energy": 18.088312, "activity_lines": [ 348.69437, 345.455739, 349.527934, 348.003323 ] }, { "date": "2025-05-16", "close": 366.197815, "volume": 4120, "typical_volume": 9741.3, "trend": 346.186185, "fair_value": 305.09115, "relative_strength": 3.136004, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.417299, "energy": 44.293529, "activity_lines": [ 356.641654, 348.882302, 351.128604, 349.337225 ] }, { "date": "2025-05-23", "close": 364.033691, "volume": 16736, "typical_volume": 10377.0, "trend": 346.941735, "fair_value": 305.652052, "relative_strength": 4.31331, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.801978, "energy": 46.527755, "activity_lines": [ 360.857222, 351.855112, 352.375753, 350.488677 ] }, { "date": "2025-05-30", "close": 366.201599, "volume": 3900, "typical_volume": 10109.4, "trend": 347.939408, "fair_value": 306.24134, "relative_strength": 4.471511, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 65.816331, "energy": 65.812613, "activity_lines": [ 363.746854, 355.095879, 353.694262, 351.731249 ] }, { "date": "2025-06-06", "close": 369.699402, "volume": 3733, "typical_volume": 10253.15, "trend": 349.166505, "fair_value": 306.927896, "relative_strength": 4.548024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.37419, "energy": 72.705273, "activity_lines": [ 366.344981, 358.855931, 355.210178, 353.13512 ] }, { "date": "2025-06-13", "close": 363.852997, "volume": 16292, "typical_volume": 10722.5, "trend": 350.249771, "fair_value": 307.640064, "relative_strength": 4.378584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.370345, "energy": 61.08178, "activity_lines": [ 366.062172, 361.295921, 356.054917, 354.082636 ] }, { "date": "2025-06-20", "close": 357.845795, "volume": 6893, "typical_volume": 10946.25, "trend": 350.994965, "fair_value": 308.274002, "relative_strength": 3.805656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.665252, "energy": 38.911063, "activity_lines": [ 363.345071, 361.96306, 356.259381, 354.572702 ] }, { "date": "2025-06-27", "close": 362.475006, "volume": 7638, "typical_volume": 11002.3, "trend": 351.858871, "fair_value": 308.96196, "relative_strength": 3.649982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.006477, "energy": 29.708444, "activity_lines": [ 362.72784, 362.802726, 356.894219, 355.313349 ] }, { "date": "2025-07-04", "close": 361.178986, "volume": 7775, "typical_volume": 10942.85, "trend": 352.443184, "fair_value": 309.595018, "relative_strength": 3.086077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.551997, "energy": 24.304875, "activity_lines": [ 361.782516, 362.876391, 357.382248, 355.914647 ] }, { "date": "2025-07-11", "close": 364.13031, "volume": 10411, "typical_volume": 11153.65, "trend": 353.193645, "fair_value": 310.258083, "relative_strength": 2.070395, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.277727, "energy": 24.720395, "activity_lines": [ 362.155807, 363.180496, 358.165595, 356.668655 ] }, { "date": "2025-07-18", "close": 364.055206, "volume": 7076, "typical_volume": 11143.0, "trend": 354.249552, "fair_value": 310.876415, "relative_strength": 2.031745, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 44.814726, "energy": 30.553427, "activity_lines": [ 362.875336, 363.317984, 358.948871, 357.369401 ] }, { "date": "2025-07-25", "close": 366.674896, "volume": 3716, "typical_volume": 10817.65, "trend": 355.297342, "fair_value": 311.458336, "relative_strength": 2.519313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.048838, "energy": 48.174906, "activity_lines": [ 364.454614, 363.810314, 359.997966, 358.171036 ] }, { "date": "2025-08-01", "close": 354.860992, "volume": 11636, "typical_volume": 10961.7, "trend": 355.937348, "fair_value": 311.978336, "relative_strength": 2.913945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.510358, "energy": 18.295696, "activity_lines": [ 361.507318, 362.145988, 359.903869, 358.142885 ] }, { "date": "2025-08-08", "close": 365.458313, "volume": 3390, "typical_volume": 10839.1, "trend": 356.862579, "fair_value": 312.539976, "relative_strength": 3.194154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.71191, "energy": 28.551445, "activity_lines": [ 362.600063, 362.575223, 360.829665, 358.75714 ] }, { "date": "2025-08-15", "close": 370.695801, "volume": 3390, "typical_volume": 10809.35, "trend": 357.696436, "fair_value": 313.149368, "relative_strength": 2.212616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.546011, "energy": 38.364171, "activity_lines": [ 365.153349, 363.970243, 362.227251, 359.649606 ] }, { "date": "2025-08-22", "close": 375.976501, "volume": 3888, "typical_volume": 9207.85, "trend": 358.577678, "fair_value": 313.843805, "relative_strength": 2.971571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.508908, "energy": 57.201861, "activity_lines": [ 369.029169, 366.307274, 364.055685, 360.828965 ] }, { "date": "2025-08-29", "close": 367.52179, "volume": 1612, "typical_volume": 8384.15, "trend": 358.973735, "fair_value": 314.529314, "relative_strength": 4.022803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.703947, "energy": 61.758391, "activity_lines": [ 369.291998, 366.886658, 364.842917, 361.406005 ] }, { "date": "2025-09-05", "close": 367.026306, "volume": 1580, "typical_volume": 7705.15, "trend": 359.289091, "fair_value": 315.196852, "relative_strength": 4.173634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.500751, "energy": 59.492902, "activity_lines": [ 369.333207, 367.200026, 365.36163, 361.925525 ] }, { "date": "2025-09-12", "close": 370.202301, "volume": 12397, "typical_volume": 7893.15, "trend": 359.490191, "fair_value": 315.934995, "relative_strength": 2.977639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.022573, "energy": 51.846495, "activity_lines": [ 369.62206, 368.008097, 366.022243, 362.629604 ] }, { "date": "2025-09-19", "close": 370.200989, "volume": 14118, "typical_volume": 8307.15, "trend": 359.642974, "fair_value": 316.743688, "relative_strength": 2.521368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.069749, "energy": 35.257415, "activity_lines": [ 369.59421, 368.651869, 366.559576, 363.320623 ] }, { "date": "2025-09-26", "close": 370.335785, "volume": 4132, "typical_volume": 7221.65, "trend": 359.738056, "fair_value": 317.570094, "relative_strength": 2.238323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.043523, "energy": 34.441714, "activity_lines": [ 369.644279, 369.209774, 367.040778, 364.010482 ] }, { "date": "2025-10-03", "close": 381.485809, "volume": 6761, "typical_volume": 7353.7, "trend": 360.35816, "fair_value": 318.45904, "relative_strength": 2.486249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.505495, "energy": 55.890948, "activity_lines": [ 373.787071, 371.680763, 368.522167, 365.413562 ] }, { "date": "2025-10-10", "close": 377.605194, "volume": 2787, "typical_volume": 6656.25, "trend": 361.041927, "fair_value": 319.328792, "relative_strength": 3.443046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.606674, "energy": 61.271402, "activity_lines": [ 375.705389, 373.176897, 369.561174, 366.526274 ] }, { "date": "2025-10-17", "close": 380.50589, "volume": 6006, "typical_volume": 6761.55, "trend": 361.732647, "fair_value": 320.196743, "relative_strength": 0.925799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.531157, "energy": 70.470411, "activity_lines": [ 377.885347, 374.786899, 370.811811, 367.782014 ] }, { "date": "2025-10-24", "close": 385.490509, "volume": 2252, "typical_volume": 6687.5, "trend": 362.73033, "fair_value": 321.043488, "relative_strength": 1.552148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.053157, "energy": 81.648894, "activity_lines": [ 381.039939, 377.029603, 372.469058, 369.314779 ] }, { "date": "2025-10-31", "close": 383.330414, "volume": 1251, "typical_volume": 5935.45, "trend": 364.627404, "fair_value": 321.85394, "relative_strength": 2.20594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.283987, "energy": 79.777026, "activity_lines": [ 382.455198, 378.610568, 373.845387, 370.643817 ] }, { "date": "2025-11-07", "close": 378.513702, "volume": 31950, "typical_volume": 7188.3, "trend": 366.543104, "fair_value": 322.557094, "relative_strength": 2.994496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.723498, "energy": 69.022351, "activity_lines": [ 381.398578, 379.182059, 374.670231, 371.539707 ] }, { "date": "2025-11-14", "close": 385.233093, "volume": 5115, "typical_volume": 7062.15, "trend": 368.274037, "fair_value": 323.296122, "relative_strength": 1.934785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.364585, "energy": 62.662197, "activity_lines": [ 382.779895, 380.775406, 376.036598, 372.745513 ] }, { "date": "2025-11-21", "close": 376.403992, "volume": 4696, "typical_volume": 6908.2, "trend": 369.342836, "fair_value": 323.947155, "relative_strength": 1.898662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.425617, "energy": 40.192059, "activity_lines": [ 380.709652, 380.432428, 376.453727, 373.270026 ] }, { "date": "2025-11-28", "close": 386.989197, "volume": 7081, "typical_volume": 6741.7, "trend": 370.385229, "fair_value": 324.657868, "relative_strength": 2.909658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.350144, "energy": 45.245641, "activity_lines": [ 382.44127, 381.901275, 377.80647, 374.408501 ] }, { "date": "2025-12-05", "close": 388.437988, "volume": 3072, "typical_volume": 6541.5, "trend": 371.420676, "fair_value": 325.397145, "relative_strength": 3.327824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.227899, "energy": 50.87587, "activity_lines": [ 384.555906, 383.328299, 379.188342, 375.573195 ] }, { "date": "2025-12-12", "close": 387.671906, "volume": 5589, "typical_volume": 6635.15, "trend": 372.136479, "fair_value": 326.192906, "relative_strength": 3.62995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.889518, "energy": 48.062237, "activity_lines": [ 386.074677, 384.286904, 380.381145, 376.621661 ] }, { "date": "2025-12-19", "close": 394.931213, "volume": 3525, "typical_volume": 6229.6, "trend": 373.166396, "fair_value": 327.028117, "relative_strength": 4.379186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.363657, "energy": 76.432007, "activity_lines": [ 389.402669, 386.452908, 382.165325, 378.092289 ] }, { "date": "2025-12-26", "close": 395.918091, "volume": 2075, "typical_volume": 6163.85, "trend": 374.156946, "fair_value": 327.869373, "relative_strength": 5.114427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.432793, "energy": 80.743157, "activity_lines": [ 392.41308, 388.483326, 383.852683, 379.560141 ] }, { "date": "2026-01-02", "close": 400.212891, "volume": 2148, "typical_volume": 6101.75, "trend": 375.174062, "fair_value": 328.663335, "relative_strength": 4.947601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.89092, "energy": 88.408737, "activity_lines": [ 395.554151, 391.014396, 385.804023, 381.241169 ] }, { "date": "2026-01-09", "close": 408.720886, "volume": 6477, "typical_volume": 6231.2, "trend": 376.669658, "fair_value": 329.47947, "relative_strength": 4.890892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.652474, "energy": 94.839232, "activity_lines": [ 400.64964, 394.824693, 388.42509, 383.405481 ] }, { "date": "2026-01-16", "close": 411.598602, "volume": 6578, "typical_volume": 6479.5, "trend": 378.461419, "fair_value": 330.319198, "relative_strength": 6.728429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.08728, "energy": 94.73935, "activity_lines": [ 405.352175, 398.696567, 391.1643, 385.658961 ] }, { "date": "2026-01-23", "close": 407.062103, "volume": 2447, "typical_volume": 6522.85, "trend": 379.947655, "fair_value": 331.11564, "relative_strength": 6.794917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.565018, "energy": 87.253876, "activity_lines": [ 406.94743, 401.142079, 393.261573, 387.504166 ] }, { "date": "2026-01-30", "close": 410.597504, "volume": 1730, "typical_volume": 5989.5, "trend": 381.594939, "fair_value": 331.916729, "relative_strength": 7.685189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.63776, "energy": 86.289688, "activity_lines": [ 408.912427, 403.833501, 395.504904, 389.481576 ] }, { "date": "2026-02-06", "close": 414.354004, "volume": 13678, "typical_volume": 5967.5, "trend": 383.269062, "fair_value": 332.752918, "relative_strength": 6.507139, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.693455, "energy": 76.675411, "activity_lines": [ 411.150962, 406.586222, 397.913639, 391.595064 ] }, { "date": "2026-02-13", "close": 415.672791, "volume": 4811, "typical_volume": 6001.45, "trend": 384.989648, "fair_value": 333.57582, "relative_strength": 6.120952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.062273, "energy": 70.017781, "activity_lines": [ 412.886353, 409.08118, 400.23772, 393.685627 ] }, { "date": "2026-02-20", "close": 424.587891, "volume": 3433, "typical_volume": 5835.05, "trend": 386.920082, "fair_value": 334.482879, "relative_strength": 5.58687, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.385014, "energy": 88.896044, "activity_lines": [ 417.129983, 412.701888, 403.194968, 396.240352 ] }, { "date": "2026-02-27", "close": 427.679688, "volume": 4366, "typical_volume": 5914.0, "trend": 389.347371, "fair_value": 335.38186, "relative_strength": 5.352148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.702117, "energy": 94.081885, "activity_lines": [ 421.538259, 416.213541, 406.241425, 398.870004 ] }, { "date": "2026-03-06", "close": 403.397308, "volume": 5399, "typical_volume": 5883.65, "trend": 390.612005, "fair_value": 336.166541, "relative_strength": 6.421008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.738402, "energy": 60.870036, "activity_lines": [ 416.477903, 414.714788, 406.736824, 399.776452 ] }, { "date": "2026-03-13", "close": 400.494995, "volume": 7919, "typical_volume": 6167.0, "trend": 391.605311, "fair_value": 336.992628, "relative_strength": 6.484644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.225763, "energy": 40.302448, "activity_lines": [ 410.930123, 412.552357, 406.846805, 400.414064 ] }, { "date": "2026-03-20", "close": 384.774597, "volume": 5984, "typical_volume": 6403.65, "trend": 391.898581, "fair_value": 337.696776, "relative_strength": 5.353978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 2.484783, "energy": 17.86168, "activity_lines": [ 401.066144, 407.526543, 405.388156, 399.973373 ] }, { "date": "2026-03-27", "close": 386.007813, "volume": 6121, "typical_volume": 5112.2, "trend": 392.514782, "fair_value": 338.331249, "relative_strength": 4.972681, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.313874, "energy": 31.88324, "activity_lines": [ 393.673116, 403.160336, 404.040079, 399.593323 ] }, { "date": "2026-04-03", "close": 401.906494, "volume": 3981, "typical_volume": 5055.5, "trend": 393.677455, "fair_value": 339.068497, "relative_strength": 5.483075, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.506516, "energy": 25.917027, "activity_lines": [ 394.151654, 402.150086, 404.170476, 400.19924 ] }, { "date": "2026-04-10", "close": 414.626709, "volume": 5265, "typical_volume": 5083.95, "trend": 395.158268, "fair_value": 339.85491, "relative_strength": 4.694891, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.928444, "energy": 22.454086, "activity_lines": [ 400.588477, 403.546341, 405.432925, 401.550805 ] }, { "date": "2026-04-17", "close": 423.67691, "volume": 2465, "typical_volume": 4853.15, "trend": 396.940799, "fair_value": 340.698467, "relative_strength": 4.687601, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.940521, "energy": 29.323114, "activity_lines": [ 409.293406, 406.514828, 407.375284, 403.390718 ] }, { "date": "2026-04-24", "close": 412.603912, "volume": 1682, "typical_volume": 4783.65, "trend": 398.349737, "fair_value": 341.470287, "relative_strength": 5.086638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.874003, "energy": 33.821412, "activity_lines": [ 412.761875, 407.300536, 408.088369, 404.401241 ] }, { "date": "2026-05-01", "close": 413.493011, "volume": 1715, "typical_volume": 4589.95, "trend": 399.416643, "fair_value": 342.244773, "relative_strength": 5.65232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.322382, "energy": 36.236683, "activity_lines": [ 414.671423, 408.303696, 408.771055, 405.378226 ] }, { "date": "2026-05-08", "close": 415.263885, "volume": 3336, "typical_volume": 4580.5, "trend": 400.671933, "fair_value": 343.024556, "relative_strength": 5.921724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.538681, "energy": 45.916255, "activity_lines": [ 415.338916, 409.830558, 409.499437, 406.400629 ] }, { "date": "2026-05-15", "close": 411.770996, "volume": 10661, "typical_volume": 5009.8, "trend": 401.714103, "fair_value": 343.764573, "relative_strength": 6.916747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.919338, "energy": 29.389868, "activity_lines": [ 413.951619, 410.948091, 409.798341, 407.116698 ] }, { "date": "2026-05-22", "close": 427.34021, "volume": 2461, "typical_volume": 5025.45, "trend": 403.109093, "fair_value": 344.631858, "relative_strength": 8.487255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.493335, "energy": 36.912884, "activity_lines": [ 417.944442, 414.744142, 411.504537, 408.769995 ] }, { "date": "2026-05-29", "close": 428.265289, "volume": 4559, "typical_volume": 4929.55, "trend": 404.606922, "fair_value": 345.499006, "relative_strength": 7.606954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.040648, "energy": 44.156078, "activity_lines": [ 422.001404, 418.220293, 413.169658, 410.392975 ] }, { "date": "2026-06-05", "close": 426.396606, "volume": 1164, "typical_volume": 4658.85, "trend": 406.203019, "fair_value": 346.361991, "relative_strength": 6.492264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.256554, "energy": 55.250156, "activity_lines": [ 424.39138, 420.565945, 414.563741, 411.798761 ] }, { "date": "2026-06-12", "close": 433.903595, "volume": 1869, "typical_volume": 4629.95, "trend": 407.825369, "fair_value": 347.246403, "relative_strength": 6.45227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.846754, "energy": 70.829288, "activity_lines": [ 428.423445, 423.542162, 416.602309, 413.585895 ] }, { "date": "2026-06-19", "close": 436.450012, "volume": 1170, "typical_volume": 4601.95, "trend": 409.826903, "fair_value": 348.206792, "relative_strength": 5.988122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.77345, "energy": 75.902813, "activity_lines": [ 432.06167, 426.399598, 418.755576, 415.432646 ] }, { "date": "2026-06-26", "close": 437.850006, "volume": 423, "typical_volume": 3939.2, "trend": 411.522264, "fair_value": 349.135006, "relative_strength": 6.574585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.833905, "energy": 79.32175, "activity_lines": [ 434.521291, 429.114791, 420.919068, 417.240589 ] }, { "date": "2026-07-03", "close": 448.450012, "volume": 456, "typical_volume": 3721.45, "trend": 413.522664, "fair_value": 350.190021, "relative_strength": 7.330597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.872156, "energy": 89.250797, "activity_lines": [ 439.813594, 433.499566, 423.980199, 419.623024 ] }, { "date": "2026-07-10", "close": 441.049988, "volume": 12097, "typical_volume": 4154.65, "trend": 415.301934, "fair_value": 351.141761, "relative_strength": 7.431604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.591796, "energy": 82.518741, "activity_lines": [ 441.293575, 435.887134, 426.180484, 421.39898 ] }, { "date": "2026-07-17", "close": 440.100006, "volume": 10135, "typical_volume": 4443.1, "trend": 416.80756, "fair_value": 352.070354, "relative_strength": 6.941648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.052583, "energy": 79.769204, "activity_lines": [ 441.480003, 437.600943, 428.211903, 422.998856 ] }, { "date": "2026-07-24", "close": 442.700012, "volume": 5767, "typical_volume": 4461.5, "trend": 418.366958, "fair_value": 352.997196, "relative_strength": 6.890351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.483576, "energy": 75.543379, "activity_lines": [ 442.120005, 439.335914, 430.431798, 424.669337 ] }, { "date": "2026-07-31", "close": 445.899994, "volume": 3343, "typical_volume": 4232.7, "trend": 419.889861, "fair_value": 353.996035, "relative_strength": 5.704303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.482572, "energy": 60.530132, "activity_lines": [ 443.410002, 441.090354, 432.769297, 426.445662 ] }, { "date": "2026-08-07", "close": 453.950012, "volume": 25233, "typical_volume": 5195.15, "trend": 421.397499, "fair_value": 355.044697, "relative_strength": 4.878723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.001571, "energy": 76.999489, "activity_lines": [ 446.846671, 443.970983, 435.657251, 428.643091 ] } ], "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." } } }