{ "ticker": { "uuid": "d79d43df-b2df-4e32-9e4b-06fe555084ac", "symbol": "CU9", "name": "Amundi MSCI Europe Ex EMU ESG Selection UCITS ETF Acc", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 70.249, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 73.294, "architecture_energy": 74.621, "architecture_maturity": 15.881, "architecture_confidence": 79.919, "architecture_tenure": "Developing", "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": 8.19, "rotation_up": 68.91, "upward_expansion": 92.09, "deceleration": 44.55, "rotation_down": 17.52, "downward_expansion": 16.42 }, "activity_lines": [ 420.909343, 418.330915, 411.085907, 406.948238 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 423.480011, "trend_reference": 403.887667, "distance_from_trend": 0.048509, "trend_direction": "Improving", "fair_value": 368.553084, "distance_from_fair_value": 0.149034, "fair_value_direction": "Improving", "relative_strength": 0.360651, "relative_strength_direction": "Weakening", "price_momentum": 0.048166, "excess_performance": -0.005145, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.048509, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024861, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.149034, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.059179, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.003607, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.002194, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.048166, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.624829, "read": "Supply-led" } ], "volume": { "latest": 3503, "relative_activity": 1.239912, "balance": 0.624829, "dry_up": 0.637477, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.018393, "annualized_volatility": 0.155408, "from_high_reference": -0.006335, "from_low_reference": 0.162863 }, "levels": { "trend_reference": 403.887667, "fair_value_reference": 368.553084, "structural_low": 364.170013, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": -0.00337, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.000282, "regime_survival": 0.722222, "best_return": 0.068064, "worst_return": -0.09575, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.003796, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.000341, "regime_survival": 0.5, "best_return": 0.06204, "worst_return": -0.045897, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.027109, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": 0.018085, "regime_survival": 0.285714, "best_return": 0.115788, "worst_return": -0.059454, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.063059, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.046188, "regime_survival": 0.5, "best_return": 0.118183, "worst_return": 0.02326, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.038216, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.019224, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": 0.004877, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": 0.010753, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-28", "end": "2025-03-28", "tenure": "Developing", "return": -0.035821, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.016572, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.075713, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.01344, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": -0.014086, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-10-24", "tenure": "Established", "return": 0.040119, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-03-13", "tenure": "Established", "return": 0.029115, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.039133, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-06-26", "tenure": "Developing", "return": 0.03639, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.002966, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 311.779999, "volume": 844, "typical_volume": 199.75, "trend": 316.331331, "fair_value": 291.940128, "relative_strength": -2.657064, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.197954, "energy": 3.702292, "activity_lines": [ 316.648004, 316.677276, 318.359762, 317.727031 ] }, { "date": "2023-08-25", "close": 313.839996, "volume": 1430, "typical_volume": 269.75, "trend": 316.453998, "fair_value": 292.458846, "relative_strength": -2.664681, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.415167, "energy": 25.085308, "activity_lines": [ 315.208002, 316.117638, 317.820191, 317.5663 ] }, { "date": "2023-09-01", "close": 319.76001, "volume": 290, "typical_volume": 276.25, "trend": 316.816998, "fair_value": 293.043461, "relative_strength": -1.555048, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.360976, "energy": 9.378258, "activity_lines": [ 316.187337, 316.804912, 317.850192, 317.779591 ] }, { "date": "2023-09-08", "close": 319.359985, "volume": 12, "typical_volume": 268.35, "trend": 317.031664, "fair_value": 293.604358, "relative_strength": -0.729943, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.404056, "energy": 8.418926, "activity_lines": [ 317.295331, 317.322727, 317.843048, 317.943655 ] }, { "date": "2023-09-15", "close": 325.869995, "volume": 0, "typical_volume": 265.3, "trend": 317.431998, "fair_value": 294.194871, "relative_strength": -0.442074, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.661408, "energy": 29.157403, "activity_lines": [ 320.368662, 318.979817, 318.473476, 318.51387 ] }, { "date": "2023-09-22", "close": 320.049988, "volume": 238, "typical_volume": 276.5, "trend": 317.511664, "fair_value": 294.789102, "relative_strength": 0.586324, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.203931, "energy": 28.602701, "activity_lines": [ 321.011326, 319.259815, 318.536189, 318.682772 ] }, { "date": "2023-09-29", "close": 318.440002, "volume": 1323, "typical_volume": 341.9, "trend": 317.60633, "fair_value": 295.346794, "relative_strength": 0.946677, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.344829, "energy": 27.818735, "activity_lines": [ 320.565995, 319.163816, 318.465428, 318.742665 ] }, { "date": "2023-10-06", "close": 315.589996, "volume": 126, "typical_volume": 345.35, "trend": 317.855664, "fair_value": 295.865897, "relative_strength": 1.246019, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.786906, "energy": 13.818213, "activity_lines": [ 318.863995, 318.587633, 318.156189, 318.612579 ] }, { "date": "2023-10-13", "close": 322.890015, "volume": 51, "typical_volume": 345.05, "trend": 318.632998, "fair_value": 296.446089, "relative_strength": 4.474956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.654556, "energy": 11.151937, "activity_lines": [ 319.873336, 319.486, 318.597429, 318.937376 ] }, { "date": "2023-10-20", "close": 310.130005, "volume": 21672, "typical_volume": 1399.05, "trend": 318.913665, "fair_value": 296.964807, "relative_strength": 3.15742, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.064607, "energy": 29.374957, "activity_lines": [ 316.394004, 317.944364, 317.815429, 318.388796 ] }, { "date": "2023-10-27", "close": 304.709991, "volume": 5, "typical_volume": 1397.95, "trend": 318.691665, "fair_value": 297.508525, "relative_strength": 1.7331, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.289124, "energy": 65.492334, "activity_lines": [ 312.157334, 315.569635, 316.571333, 317.472429 ] }, { "date": "2023-11-03", "close": 311.720001, "volume": 1038, "typical_volume": 1449.4, "trend": 318.580665, "fair_value": 298.00782, "relative_strength": 0.428904, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.136788, "energy": 61.695046, "activity_lines": [ 311.280001, 314.598, 316.069333, 317.022645 ] }, { "date": "2023-11-10", "close": 309.869995, "volume": 187, "typical_volume": 1457.9, "trend": 318.244332, "fair_value": 298.435961, "relative_strength": -0.057083, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.662606, "energy": 68.452461, "activity_lines": [ 310.233998, 313.328544, 315.445904, 316.460666 ] }, { "date": "2023-11-17", "close": 316.640015, "volume": 233, "typical_volume": 1441.4, "trend": 318.030666, "fair_value": 298.893333, "relative_strength": -0.47443, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.486162, "energy": 53.499144, "activity_lines": [ 311.826003, 313.46982, 315.489001, 316.357162 ] }, { "date": "2023-11-24", "close": 320.600006, "volume": 129, "typical_volume": 1447.5, "trend": 317.949, "fair_value": 299.378269, "relative_strength": 0.040357, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.396973, "energy": 9.509004, "activity_lines": [ 315.154671, 314.380549, 315.910573, 316.522926 ] }, { "date": "2023-12-01", "close": 325.089996, "volume": 73, "typical_volume": 1449.5, "trend": 317.978, "fair_value": 299.883525, "relative_strength": 0.779122, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.16214, "energy": 23.317471, "activity_lines": [ 319.282003, 316.203457, 316.701334, 316.983635 ] }, { "date": "2023-12-08", "close": 326.799988, "volume": 675, "typical_volume": 1480.95, "trend": 318.026, "fair_value": 300.409038, "relative_strength": -1.019749, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.30107, "energy": 42.738135, "activity_lines": [ 322.620664, 318.245636, 317.609142, 317.552796 ] }, { "date": "2023-12-15", "close": 329.890015, "volume": 561, "typical_volume": 1507.85, "trend": 318.116, "fair_value": 300.937179, "relative_strength": -0.881773, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 78.186479, "energy": 78.673206, "activity_lines": [ 325.984003, 320.697639, 318.781382, 318.318216 ] }, { "date": "2023-12-22", "close": 332.589996, "volume": 2472, "typical_volume": 1625.15, "trend": 318.495334, "fair_value": 301.483012, "relative_strength": 0.395521, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.351127, "energy": 87.074443, "activity_lines": [ 328.912667, 323.380546, 320.181239, 319.252022 ] }, { "date": "2023-12-29", "close": 333.399994, "volume": 383, "typical_volume": 1587.1, "trend": 318.892334, "fair_value": 302.023461, "relative_strength": 1.063643, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.120354, "energy": 87.43997, "activity_lines": [ 331.047998, 326.034363, 321.580619, 320.213613 ] }, { "date": "2024-01-05", "close": 335.429993, "volume": 172, "typical_volume": 1553.5, "trend": 319.395, "fair_value": 302.519358, "relative_strength": 3.330425, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.573801, "energy": 90.917772, "activity_lines": [ 333.006663, 328.63418, 323.102428, 321.280559 ] }, { "date": "2024-01-12", "close": 334.390015, "volume": 262, "typical_volume": 1495.1, "trend": 319.767334, "fair_value": 303.010961, "relative_strength": 2.367495, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.324572, "energy": 88.025163, "activity_lines": [ 333.929336, 330.486365, 324.412572, 322.247979 ] }, { "date": "2024-01-19", "close": 327.119995, "volume": 461, "typical_volume": 1503.65, "trend": 320.19, "fair_value": 303.454486, "relative_strength": 1.422403, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.549394, "energy": 75.850277, "activity_lines": [ 331.922667, 330.604546, 324.932477, 322.722344 ] }, { "date": "2024-01-26", "close": 336.309998, "volume": 2742, "typical_volume": 1640.15, "trend": 320.836333, "fair_value": 304.018461, "relative_strength": 0.670783, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.618324, "energy": 63.883027, "activity_lines": [ 333.164, 332.079999, 326.292572, 323.762344 ] }, { "date": "2024-02-02", "close": 336.720001, "volume": 2265, "typical_volume": 1753.4, "trend": 321.782667, "fair_value": 304.546986, "relative_strength": 1.275935, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.344564, "energy": 63.918934, "activity_lines": [ 334.294, 333.272363, 327.611, 324.787097 ] }, { "date": "2024-02-09", "close": 334.869995, "volume": 503, "typical_volume": 1766.65, "trend": 322.429334, "fair_value": 305.038204, "relative_strength": -0.003831, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.215443, "energy": 55.578479, "activity_lines": [ 334.585999, 333.835272, 328.701571, 325.631441 ] }, { "date": "2024-02-16", "close": 340.589996, "volume": 2595, "typical_volume": 1830.25, "trend": 323.098, "fair_value": 305.559871, "relative_strength": 0.07488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.037458, "energy": 68.553633, "activity_lines": [ 336.821997, 335.260362, 330.266333, 326.803096 ] }, { "date": "2024-02-23", "close": 342.559998, "volume": 803, "typical_volume": 1864.1, "trend": 323.727, "fair_value": 306.135704, "relative_strength": -1.802535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.566133, "energy": 84.436923, "activity_lines": [ 339.301331, 336.792907, 331.913237, 328.058709 ] }, { "date": "2024-03-01", "close": 341.720001, "volume": 31335, "typical_volume": 3428.3, "trend": 324.574666, "fair_value": 306.681217, "relative_strength": -1.647117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.94465, "energy": 82.101226, "activity_lines": [ 340.471332, 337.942362, 333.351714, 329.219548 ] }, { "date": "2024-03-08", "close": 346.679993, "volume": 1870, "typical_volume": 2438.2, "trend": 325.513666, "fair_value": 307.208076, "relative_strength": -1.408108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.217635, "energy": 90.041769, "activity_lines": [ 342.933997, 339.827634, 335.172903, 330.645698 ] }, { "date": "2024-03-15", "close": 347.980011, "volume": 1105, "typical_volume": 2493.2, "trend": 326.720333, "fair_value": 307.740769, "relative_strength": -2.663874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.792715, "energy": 88.506466, "activity_lines": [ 345.166001, 341.707818, 336.943857, 332.09514 ] }, { "date": "2024-03-22", "close": 350.690002, "volume": 1065, "typical_volume": 2494.55, "trend": 327.948666, "fair_value": 308.27064, "relative_strength": -1.756726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.636742, "energy": 87.728336, "activity_lines": [ 347.427336, 343.852546, 338.766857, 333.64157 ] }, { "date": "2024-03-29", "close": 352.01001, "volume": 144, "typical_volume": 2492.4, "trend": 329.023666, "fair_value": 308.797564, "relative_strength": -2.050669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.983703, "energy": 85.313247, "activity_lines": [ 349.455339, 345.940911, 340.530001, 335.193915 ] }, { "date": "2024-04-05", "close": 346.640015, "volume": 1164, "typical_volume": 2538.95, "trend": 329.933001, "fair_value": 309.26423, "relative_strength": -1.815461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.03374, "energy": 65.796576, "activity_lines": [ 349.063342, 346.600368, 341.58105, 336.330453 ] }, { "date": "2024-04-12", "close": 349.429993, "volume": 609, "typical_volume": 2562.95, "trend": 330.718334, "fair_value": 309.728397, "relative_strength": -0.44828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.724624, "energy": 62.834097, "activity_lines": [ 349.273338, 347.579276, 342.754954, 337.588324 ] }, { "date": "2024-04-19", "close": 345.089996, "volume": 1507, "typical_volume": 2634.65, "trend": 331.553001, "fair_value": 310.182628, "relative_strength": -1.843026, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.791781, "energy": 52.365665, "activity_lines": [ 347.853335, 347.538002, 343.378239, 338.515528 ] }, { "date": "2024-04-26", "close": 351.970001, "volume": 1252, "typical_volume": 2663.5, "trend": 332.670668, "fair_value": 310.684038, "relative_strength": -0.718079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.750294, "energy": 54.515543, "activity_lines": [ 348.919334, 348.56182, 344.561525, 339.832754 ] }, { "date": "2024-05-03", "close": 351.73999, "volume": 1774, "typical_volume": 2724.15, "trend": 333.875667, "fair_value": 311.146217, "relative_strength": 0.820505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.66055, "energy": 53.790339, "activity_lines": [ 349.82333, 349.336909, 345.603048, 341.063032 ] }, { "date": "2024-05-10", "close": 363.190002, "volume": 189, "typical_volume": 2610.0, "trend": 335.219, "fair_value": 311.687756, "relative_strength": 0.775806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.887883, "energy": 68.150691, "activity_lines": [ 354.561997, 352.026909, 347.631, 342.95428 ] }, { "date": "2024-05-17", "close": 365.769989, "volume": 231, "typical_volume": 2602.4, "trend": 337.073666, "fair_value": 312.236153, "relative_strength": 2.083613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.208747, "energy": 94.060841, "activity_lines": [ 359.057328, 354.795634, 349.758952, 344.925311 ] }, { "date": "2024-05-24", "close": 364.820007, "volume": 135, "typical_volume": 2600.55, "trend": 339.077334, "fair_value": 312.764038, "relative_strength": 2.677583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.098802, "energy": 91.302925, "activity_lines": [ 362.146665, 357.044544, 351.642286, 346.715398 ] }, { "date": "2024-05-31", "close": 365.329987, "volume": 349, "typical_volume": 2604.9, "trend": 340.864333, "fair_value": 313.278781, "relative_strength": 4.066618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.625311, "energy": 90.027384, "activity_lines": [ 364.090662, 359.079996, 353.434237, 348.409117 ] }, { "date": "2024-06-07", "close": 371.089996, "volume": 75, "typical_volume": 2585.6, "trend": 342.905, "fair_value": 313.802563, "relative_strength": 5.498715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.945195, "energy": 93.184147, "activity_lines": [ 367.063995, 361.896541, 355.627427, 350.35916 ] }, { "date": "2024-06-14", "close": 368.929993, "volume": 853, "typical_volume": 2491.15, "trend": 344.647999, "fair_value": 314.333909, "relative_strength": 11.588577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.053464, "energy": 80.308839, "activity_lines": [ 368.027328, 363.97345, 357.405522, 352.038192 ] }, { "date": "2024-06-21", "close": 371.100006, "volume": 1899, "typical_volume": 2472.85, "trend": 346.331332, "fair_value": 314.854486, "relative_strength": 10.172862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.472174, "energy": 70.023721, "activity_lines": [ 369.331331, 366.039633, 359.234951, 353.744773 ] }, { "date": "2024-06-28", "close": 367.5, "volume": 2567, "typical_volume": 2576.05, "trend": 347.744999, "fair_value": 315.348781, "relative_strength": 10.975167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.9787, "energy": 65.540617, "activity_lines": [ 369.079999, 367.05727, 360.557808, 355.110494 ] }, { "date": "2024-07-05", "close": 367.109985, "volume": 1039, "typical_volume": 2498.25, "trend": 349.088666, "fair_value": 315.828012, "relative_strength": 7.813923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.998822, "energy": 59.94771, "activity_lines": [ 368.519995, 367.596541, 361.68814, 356.359847 ] }, { "date": "2024-07-12", "close": 372.850006, "volume": 799, "typical_volume": 2498.05, "trend": 350.520665, "fair_value": 316.353653, "relative_strength": 8.550898, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.447809, "energy": 62.316842, "activity_lines": [ 369.754665, 368.904179, 363.238855, 357.892837 ] }, { "date": "2024-07-19", "close": 364.869995, "volume": 230, "typical_volume": 942.8, "trend": 351.596665, "fair_value": 316.810576, "relative_strength": 8.654394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.804391, "energy": 44.352547, "activity_lines": [ 368.211997, 368.377088, 363.885331, 358.8186 ] }, { "date": "2024-07-26", "close": 369.26001, "volume": 2397, "typical_volume": 969.15, "trend": 352.791999, "fair_value": 317.290319, "relative_strength": 9.931741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.653462, "energy": 43.120571, "activity_lines": [ 368.403335, 368.617636, 364.839665, 359.958171 ] }, { "date": "2024-08-02", "close": 363.029999, "volume": 3750, "typical_volume": 1101.4, "trend": 353.712, "fair_value": 317.703909, "relative_strength": 11.711526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.450795, "energy": 30.864249, "activity_lines": [ 366.640668, 367.662, 365.093141, 360.618687 ] }, { "date": "2024-08-09", "close": 363.190002, "volume": 3128, "typical_volume": 1204.55, "trend": 354.671999, "fair_value": 318.092306, "relative_strength": 11.172132, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.661002, "energy": 21.040678, "activity_lines": [ 365.229335, 366.768, 365.290189, 361.230171 ] }, { "date": "2024-08-16", "close": 369.570007, "volume": 190, "typical_volume": 1206.85, "trend": 356.086999, "fair_value": 318.542178, "relative_strength": 10.104963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.245845, "energy": 24.477777, "activity_lines": [ 366.206004, 367.072911, 366.035333, 362.191333 ] }, { "date": "2024-08-23", "close": 374.380005, "volume": 853, "typical_volume": 1191.3, "trend": 357.356, "fair_value": 319.013268, "relative_strength": 9.38339, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.820617, "energy": 36.511613, "activity_lines": [ 369.004671, 368.280003, 367.154952, 363.371527 ] }, { "date": "2024-08-30", "close": 380.140015, "volume": 2267, "typical_volume": 1274.2, "trend": 358.803334, "fair_value": 319.530511, "relative_strength": 10.00098, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.25412, "energy": 55.41511, "activity_lines": [ 373.089341, 370.435278, 368.691049, 364.841463 ] }, { "date": "2024-09-06", "close": 367.660004, "volume": 3475, "typical_volume": 1372.6, "trend": 359.896334, "fair_value": 319.997947, "relative_strength": 10.14581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.794972, "energy": 46.760076, "activity_lines": [ 372.288674, 370.157096, 368.892335, 365.412861 ] }, { "date": "2024-09-13", "close": 375.149994, "volume": 4886, "typical_volume": 1554.3, "trend": 361.048334, "fair_value": 320.530448, "relative_strength": 10.404434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.20592, "energy": 55.772743, "activity_lines": [ 373.676003, 371.237822, 369.699478, 366.396969 ] }, { "date": "2024-09-20", "close": 372.140015, "volume": 5310, "typical_volume": 1731.1, "trend": 362.034334, "fair_value": 321.037883, "relative_strength": 8.774327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.258071, "energy": 39.055026, "activity_lines": [ 373.262673, 371.625097, 370.109574, 367.112561 ] }, { "date": "2024-09-27", "close": 379.420013, "volume": 3061, "typical_volume": 1874.7, "trend": 363.291001, "fair_value": 321.611858, "relative_strength": 6.570199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.93634, "energy": 40.566589, "activity_lines": [ 375.104675, 373.348916, 371.115861, 368.234218 ] }, { "date": "2024-10-04", "close": 374.040009, "volume": 3694, "typical_volume": 2047.85, "trend": 364.203002, "fair_value": 322.126537, "relative_strength": 8.32452, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.11756, "energy": 35.6493, "activity_lines": [ 374.817342, 373.830008, 371.532481, 368.927702 ] }, { "date": "2024-10-11", "close": 375.890015, "volume": 7795, "typical_volume": 2430.85, "trend": 365.133335, "fair_value": 322.599038, "relative_strength": 8.176514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.875262, "energy": 35.002878, "activity_lines": [ 375.553345, 374.560555, 372.085911, 369.681703 ] }, { "date": "2024-10-18", "close": 378.589996, "volume": 7288, "typical_volume": 2777.8, "trend": 366.063335, "fair_value": 323.075576, "relative_strength": 8.258287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.759383, "energy": 40.478379, "activity_lines": [ 376.640674, 375.548189, 372.843767, 370.549874 ] }, { "date": "2024-10-25", "close": 372.880005, "volume": 1601, "typical_volume": 2854.1, "trend": 366.759002, "fair_value": 323.502691, "relative_strength": 8.046896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.241553, "energy": 29.271921, "activity_lines": [ 375.595339, 375.217643, 372.994672, 370.98966 ] }, { "date": "2024-11-01", "close": 366.549988, "volume": 728, "typical_volume": 2847.85, "trend": 367.422667, "fair_value": 323.874037, "relative_strength": 7.245518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.054677, "energy": 10.477736, "activity_lines": [ 372.390666, 373.676003, 372.534195, 370.976175 ] }, { "date": "2024-11-08", "close": 363.670013, "volume": 1690, "typical_volume": 2837.4, "trend": 367.897335, "fair_value": 324.200704, "relative_strength": 7.175283, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.842887, "energy": 12.8594, "activity_lines": [ 369.084003, 371.753096, 371.810767, 370.734068 ] }, { "date": "2024-11-15", "close": 360.540009, "volume": 1300, "typical_volume": 2774.05, "trend": 368.412335, "fair_value": 324.507948, "relative_strength": 7.002766, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.154767, "energy": 33.114201, "activity_lines": [ 365.425338, 369.560551, 370.824625, 370.259402 ] }, { "date": "2024-11-22", "close": 369.839996, "volume": 1421, "typical_volume": 2793.15, "trend": 369.008002, "fair_value": 324.953653, "relative_strength": 9.664818, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.146324, "energy": 26.750803, "activity_lines": [ 365.890002, 369.188367, 370.757338, 370.351509 ] }, { "date": "2024-11-29", "close": 370.920013, "volume": 797, "typical_volume": 2793.05, "trend": 369.647336, "fair_value": 325.400384, "relative_strength": 9.968497, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -12.701902, "energy": 23.433482, "activity_lines": [ 367.298006, 369.109096, 370.77991, 370.474865 ] }, { "date": "2024-12-06", "close": 374.709991, "volume": 6128, "typical_volume": 3087.95, "trend": 370.031335, "fair_value": 325.813076, "relative_strength": 7.910522, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.390303, "energy": 8.706936, "activity_lines": [ 370.100002, 369.741093, 371.172623, 370.801488 ] }, { "date": "2024-12-13", "close": 368.790009, "volume": 4763, "typical_volume": 3206.25, "trend": 370.132003, "fair_value": 326.18391, "relative_strength": 6.176553, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.9876, "energy": 9.493553, "activity_lines": [ 370.38467, 369.382367, 370.954671, 370.721402 ] }, { "date": "2024-12-20", "close": 355.059998, "volume": 1729, "typical_volume": 3105.2, "trend": 369.806669, "fair_value": 326.437564, "relative_strength": 3.914468, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.822362, "energy": 33.013824, "activity_lines": [ 365.751335, 366.62273, 369.431337, 369.749015 ] }, { "date": "2024-12-27", "close": 360.390015, "volume": 802, "typical_volume": 2988.9, "trend": 369.642003, "fair_value": 326.699038, "relative_strength": 4.109929, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.850935, "energy": 49.526774, "activity_lines": [ 363.260006, 365.210914, 368.453576, 369.141488 ] }, { "date": "2025-01-03", "close": 362.570007, "volume": 1869, "typical_volume": 3072.85, "trend": 369.358004, "fair_value": 326.984359, "relative_strength": 5.593905, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.180944, "energy": 59.689061, "activity_lines": [ 362.12534, 364.526369, 367.696767, 368.685231 ] }, { "date": "2025-01-10", "close": 359.869995, "volume": 1618, "typical_volume": 3111.1, "trend": 369.056004, "fair_value": 327.270384, "relative_strength": 2.556581, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.979263, "energy": 66.166067, "activity_lines": [ 360.647337, 363.538367, 366.716147, 368.073101 ] }, { "date": "2025-01-17", "close": 365.779999, "volume": 934, "typical_volume": 3044.45, "trend": 368.87867, "fair_value": 327.616794, "relative_strength": 0.347095, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.347319, "energy": 44.14549, "activity_lines": [ 362.128668, 363.746366, 366.36748, 367.861746 ] }, { "date": "2025-01-24", "close": 369.540009, "volume": 1725, "typical_volume": 2956.95, "trend": 368.946671, "fair_value": 328.005448, "relative_strength": -1.51011, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.741184, "energy": 16.289425, "activity_lines": [ 365.064004, 364.59964, 366.44529, 367.904413 ] }, { "date": "2025-01-31", "close": 377.279999, "volume": 1938, "typical_volume": 2809.55, "trend": 369.285671, "fair_value": 328.463461, "relative_strength": 0.141199, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.428314, "energy": 16.992277, "activity_lines": [ 369.614002, 366.696548, 367.251289, 368.442047 ] }, { "date": "2025-02-07", "close": 379.119995, "volume": 1863, "typical_volume": 2637.2, "trend": 369.494671, "fair_value": 328.899487, "relative_strength": 0.188105, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.6112, "energy": 33.753392, "activity_lines": [ 373.651333, 368.992729, 368.222383, 369.07652 ] }, { "date": "2025-02-14", "close": 381.299988, "volume": 990, "typical_volume": 2533.65, "trend": 370.042337, "fair_value": 329.383012, "relative_strength": -1.878239, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.961884, "energy": 53.644227, "activity_lines": [ 377.311996, 371.536181, 369.367858, 369.838153 ] }, { "date": "2025-02-21", "close": 385.399994, "volume": 958, "typical_volume": 2396.85, "trend": 370.580337, "fair_value": 329.893461, "relative_strength": -0.702235, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.11212, "energy": 81.623724, "activity_lines": [ 380.910661, 374.70527, 370.894857, 370.828969 ] }, { "date": "2025-02-28", "close": 387.200012, "volume": 4883, "typical_volume": 2251.25, "trend": 371.386004, "fair_value": 330.490513, "relative_strength": 0.100246, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.103387, "energy": 83.635272, "activity_lines": [ 383.801333, 377.899636, 372.539192, 371.901207 ] }, { "date": "2025-03-07", "close": 379.809998, "volume": 1269, "typical_volume": 1950.3, "trend": 371.940004, "fair_value": 331.014295, "relative_strength": -2.062762, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.517814, "energy": 72.519701, "activity_lines": [ 383.051333, 379.165999, 373.425858, 372.44469 ] }, { "date": "2025-03-14", "close": 372.890015, "volume": 2720, "typical_volume": 2006.25, "trend": 372.05067, "fair_value": 331.400128, "relative_strength": -2.888636, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.431803, "energy": 41.947614, "activity_lines": [ 379.826005, 378.821093, 373.647669, 372.505981 ] }, { "date": "2025-03-21", "close": 377.309998, "volume": 647, "typical_volume": 2002.2, "trend": 372.148337, "fair_value": 331.802179, "relative_strength": -2.070047, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.471494, "energy": 30.095389, "activity_lines": [ 378.489337, 379.092183, 374.290383, 372.845293 ] }, { "date": "2025-03-28", "close": 373.329987, "volume": 914, "typical_volume": 1963.4, "trend": 371.921336, "fair_value": 332.164423, "relative_strength": -1.718302, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.117173, "energy": 22.867591, "activity_lines": [ 376.091999, 378.322544, 374.50281, 372.921528 ] }, { "date": "2025-04-04", "close": 344.559998, "volume": 399, "typical_volume": 1918.35, "trend": 371.151336, "fair_value": 332.283589, "relative_strength": -1.47051, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -33.850972, "energy": 37.19656, "activity_lines": [ 364.909331, 372.184726, 371.929238, 371.15628 ] }, { "date": "2025-04-11", "close": 338.850006, "volume": 7157, "typical_volume": 2205.15, "trend": 369.941336, "fair_value": 332.371794, "relative_strength": -0.944203, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.189516, "energy": 81.14029, "activity_lines": [ 354.666, 365.462909, 368.887953, 369.072324 ] }, { "date": "2025-04-18", "close": 351.589996, "volume": 4109, "typical_volume": 2370.75, "trend": 369.256336, "fair_value": 332.597115, "relative_strength": 0.016539, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.010612, "energy": 77.08581, "activity_lines": [ 351.399998, 361.756181, 367.207571, 367.888366 ] }, { "date": "2025-04-25", "close": 359.149994, "volume": 3558, "typical_volume": 2242.25, "trend": 368.580668, "fair_value": 332.864679, "relative_strength": -1.390198, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.72184, "energy": 74.988167, "activity_lines": [ 352.073997, 359.924544, 366.339237, 367.236344 ] }, { "date": "2025-05-02", "close": 371.940002, "volume": 4458, "typical_volume": 2227.0, "trend": 368.510668, "fair_value": 333.313397, "relative_strength": -1.100881, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.373645, "energy": 41.796349, "activity_lines": [ 358.221999, 360.82109, 366.763095, 367.453075 ] }, { "date": "2025-05-09", "close": 369.910004, "volume": 2373, "typical_volume": 2259.2, "trend": 368.311334, "fair_value": 333.738525, "relative_strength": -1.44136, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.10864, "energy": 16.236758, "activity_lines": [ 363.786001, 361.593272, 366.978619, 367.543355 ] }, { "date": "2025-05-16", "close": 378.209991, "volume": 953, "typical_volume": 2266.75, "trend": 368.298667, "fair_value": 334.219038, "relative_strength": -1.18066, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 15.201132, "energy": 24.694603, "activity_lines": [ 370.426664, 364.188907, 367.913904, 368.181978 ] }, { "date": "2025-05-23", "close": 377.980011, "volume": 682, "typical_volume": 2207.4, "trend": 368.468668, "fair_value": 334.653012, "relative_strength": 0.5523, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.908756, "energy": 33.097484, "activity_lines": [ 374.366669, 366.771818, 368.742428, 368.806581 ] }, { "date": "2025-05-30", "close": 379.350006, "volume": 3104, "typical_volume": 2281.7, "trend": 368.895335, "fair_value": 335.113589, "relative_strength": 0.560559, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 53.301317, "energy": 42.749379, "activity_lines": [ 377.004004, 369.511274, 369.628048, 369.508603 ] }, { "date": "2025-06-06", "close": 383.059998, "volume": 1174, "typical_volume": 2293.7, "trend": 369.541668, "fair_value": 335.669359, "relative_strength": 0.747094, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 69.472849, "energy": 62.191842, "activity_lines": [ 379.531336, 372.888183, 370.774238, 370.422452 ] }, { "date": "2025-06-13", "close": 378.380005, "volume": 1392, "typical_volume": 2277.05, "trend": 370.136334, "fair_value": 336.278654, "relative_strength": 1.069929, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.187874, "energy": 56.834039, "activity_lines": [ 379.757337, 375.237275, 371.392429, 370.992667 ] }, { "date": "2025-06-20", "close": 371.850006, "volume": 1998, "typical_volume": 2280.05, "trend": 370.203335, "fair_value": 336.785, "relative_strength": 0.555389, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.225693, "energy": 36.394387, "activity_lines": [ 377.242004, 375.784185, 371.34662, 371.103227 ] }, { "date": "2025-06-27", "close": 374.640015, "volume": 880, "typical_volume": 2230.9, "trend": 370.327335, "fair_value": 337.325064, "relative_strength": -0.015338, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.933954, "energy": 26.020775, "activity_lines": [ 376.080674, 376.238369, 371.592384, 371.389464 ] }, { "date": "2025-07-04", "close": 372.119995, "volume": 4057, "typical_volume": 2384.25, "trend": 370.241001, "fair_value": 337.79282, "relative_strength": -0.769268, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.433665, "energy": 17.653708, "activity_lines": [ 374.302004, 375.815277, 371.619478, 371.50512 ] }, { "date": "2025-07-11", "close": 373.049988, "volume": 495, "typical_volume": 2361.1, "trend": 370.383001, "fair_value": 338.275, "relative_strength": -2.187424, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.709721, "energy": 20.740246, "activity_lines": [ 373.315332, 375.325456, 371.778858, 371.686345 ] }, { "date": "2025-07-18", "close": 372.420013, "volume": 651, "typical_volume": 2149.5, "trend": 370.961668, "fair_value": 338.712564, "relative_strength": -2.23837, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.599954, "energy": 19.02069, "activity_lines": [ 372.786003, 374.700912, 371.93705, 371.817765 ] }, { "date": "2025-07-25", "close": 377.950012, "volume": 2945, "typical_volume": 2233.3, "trend": 371.547001, "fair_value": 339.126026, "relative_strength": -0.903205, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.186032, "energy": 20.133937, "activity_lines": [ 374.497339, 375.036187, 372.692289, 372.268626 ] }, { "date": "2025-08-01", "close": 362.380005, "volume": 3788, "typical_volume": 2286.7, "trend": 371.540668, "fair_value": 339.466282, "relative_strength": -1.274551, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.74483, "energy": 14.899419, "activity_lines": [ 370.612006, 372.545278, 371.973527, 371.677207 ] }, { "date": "2025-08-08", "close": 369.070007, "volume": 3066, "typical_volume": 2407.65, "trend": 371.847335, "fair_value": 339.830257, "relative_strength": -1.919082, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.594311, "energy": 16.237692, "activity_lines": [ 369.774007, 371.554369, 371.941956, 371.517809 ] }, { "date": "2025-08-15", "close": 373.920013, "volume": 255, "typical_volume": 2374.7, "trend": 372.118669, "fair_value": 340.224167, "relative_strength": -2.800281, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.440254, "energy": 10.021479, "activity_lines": [ 370.75601, 371.632189, 372.411529, 371.65153 ] }, { "date": "2025-08-22", "close": 381.410004, "volume": 350, "typical_volume": 2372.25, "trend": 372.514335, "fair_value": 340.695641, "relative_strength": -1.367877, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 23.015053, "energy": 11.769926, "activity_lines": [ 374.176674, 373.238007, 373.591624, 372.250971 ] }, { "date": "2025-08-29", "close": 374.73999, "volume": 405, "typical_volume": 2034.65, "trend": 372.429668, "fair_value": 341.191603, "relative_strength": 0.297251, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.688314, "energy": 16.301292, "activity_lines": [ 374.774668, 373.576004, 373.961004, 372.394562 ] }, { "date": "2025-09-05", "close": 376.880005, "volume": 400, "typical_volume": 1849.2, "trend": 372.355002, "fair_value": 341.676667, "relative_strength": 1.288882, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.425148, "energy": 39.394701, "activity_lines": [ 376.300002, 374.250549, 374.36329, 372.681681 ] }, { "date": "2025-09-12", "close": 377.070007, "volume": 2206, "typical_volume": 1781.6, "trend": 372.214002, "fair_value": 342.229231, "relative_strength": -0.527039, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.717508, "energy": 47.786735, "activity_lines": [ 376.922003, 374.918914, 374.663242, 372.985874 ] }, { "date": "2025-09-19", "close": 375.279999, "volume": 11694, "typical_volume": 2143.4, "trend": 371.876669, "fair_value": 342.842052, "relative_strength": -1.284811, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.267583, "energy": 36.309511, "activity_lines": [ 376.414001, 375.171822, 374.707385, 373.183681 ] }, { "date": "2025-09-26", "close": 370.350006, "volume": 1237, "typical_volume": 2086.6, "trend": 371.315002, "fair_value": 343.425642, "relative_strength": -2.729757, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.786222, "energy": 11.188671, "activity_lines": [ 374.172003, 374.487822, 374.266099, 373.085186 ] }, { "date": "2025-10-03", "close": 382.910004, "volume": 564, "typical_volume": 2067.15, "trend": 371.418336, "fair_value": 344.078398, "relative_strength": -1.968525, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.564517, "energy": 29.639423, "activity_lines": [ 376.854004, 376.125094, 375.018909, 373.833251 ] }, { "date": "2025-10-10", "close": 380.149994, "volume": 545, "typical_volume": 2060.3, "trend": 371.660335, "fair_value": 344.72077, "relative_strength": -0.601978, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.498555, "energy": 29.449266, "activity_lines": [ 378.071334, 377.170365, 375.486479, 374.396584 ] }, { "date": "2025-10-17", "close": 380.149994, "volume": 1181, "typical_volume": 1964.15, "trend": 371.755002, "fair_value": 345.351219, "relative_strength": -3.593655, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.91743, "energy": 34.628146, "activity_lines": [ 379.070665, 377.892545, 375.943716, 374.944304 ] }, { "date": "2025-10-24", "close": 387.360992, "volume": 467, "typical_volume": 1928.8, "trend": 372.222702, "fair_value": 345.969815, "relative_strength": -2.276228, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.034675, "energy": 66.645403, "activity_lines": [ 382.268329, 379.724362, 377.083906, 375.951142 ] }, { "date": "2025-10-31", "close": 380.559998, "volume": 3636, "typical_volume": 2041.0, "trend": 373.422702, "fair_value": 346.516289, "relative_strength": -2.654398, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.490219, "energy": 57.951325, "activity_lines": [ 382.393595, 380.075253, 377.555901, 376.489032 ] }, { "date": "2025-11-07", "close": 375.429993, "volume": 3506, "typical_volume": 2116.4, "trend": 374.642035, "fair_value": 346.990712, "relative_strength": -1.810896, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.086576, "energy": 32.236041, "activity_lines": [ 380.128194, 379.50887, 377.528943, 376.618534 ] }, { "date": "2025-11-14", "close": 380.429993, "volume": 873, "typical_volume": 2116.05, "trend": 375.603368, "fair_value": 347.50084, "relative_strength": -3.063797, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.595056, "energy": 28.571899, "activity_lines": [ 380.028127, 379.839032, 377.961128, 376.991951 ] }, { "date": "2025-11-21", "close": 372.570007, "volume": 565, "typical_volume": 1941.45, "trend": 376.050702, "fair_value": 347.915071, "relative_strength": -2.669716, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.088248, "energy": 12.184159, "activity_lines": [ 377.289398, 378.675561, 377.617171, 376.79625 ] }, { "date": "2025-11-28", "close": 382.859985, "volume": 851, "typical_volume": 1959.25, "trend": 376.414701, "fair_value": 348.383789, "relative_strength": -1.543022, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.728207, "energy": 19.328879, "activity_lines": [ 378.485994, 379.464813, 378.251069, 377.235559 ] }, { "date": "2025-12-05", "close": 381.859985, "volume": 1405, "typical_volume": 1996.95, "trend": 376.813034, "fair_value": 348.875007, "relative_strength": -1.569476, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.031566, "energy": 18.430149, "activity_lines": [ 379.649324, 379.934429, 378.743016, 377.586867 ] }, { "date": "2025-12-12", "close": 381.459991, "volume": 3611, "typical_volume": 2030.25, "trend": 376.921367, "fair_value": 349.402763, "relative_strength": -1.01119, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.719931, "energy": 22.146742, "activity_lines": [ 380.592657, 380.122047, 379.151915, 377.886671 ] }, { "date": "2025-12-19", "close": 388.309998, "volume": 1763, "typical_volume": 1929.0, "trend": 377.2657, "fair_value": 349.969558, "relative_strength": -0.209602, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.899906, "energy": 52.749134, "activity_lines": [ 383.417326, 381.581484, 380.196481, 378.621421 ] }, { "date": "2025-12-26", "close": 391.230011, "volume": 439, "typical_volume": 1797.65, "trend": 377.6617, "fair_value": 350.567058, "relative_strength": 1.16312, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.872571, "energy": 64.074785, "activity_lines": [ 386.689998, 383.423469, 381.395668, 379.522345 ] }, { "date": "2026-01-02", "close": 393.029999, "volume": 11594, "typical_volume": 2364.6, "trend": 377.994034, "fair_value": 351.124558, "relative_strength": 0.566412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.881918, "energy": 73.796337, "activity_lines": [ 389.318667, 385.39127, 382.660759, 380.513848 ] }, { "date": "2026-01-09", "close": 402.5, "volume": 7959, "typical_volume": 2745.05, "trend": 378.798034, "fair_value": 351.717186, "relative_strength": 0.946181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.886835, "energy": 85.268545, "activity_lines": [ 394.426001, 388.977816, 384.736754, 382.094878 ] }, { "date": "2026-01-16", "close": 406.899994, "volume": 1797, "typical_volume": 2814.65, "trend": 379.966367, "fair_value": 352.325071, "relative_strength": 3.24828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.376203, "energy": 91.166329, "activity_lines": [ 399.623999, 392.965452, 387.131368, 383.907908 ] }, { "date": "2026-01-23", "close": 401.940002, "volume": 1420, "typical_volume": 2865.65, "trend": 380.876366, "fair_value": 352.913404, "relative_strength": 3.326882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.619332, "energy": 84.54336, "activity_lines": [ 401.472666, 395.479089, 388.900459, 385.325562 ] }, { "date": "2026-01-30", "close": 404.170013, "volume": 1195, "typical_volume": 2815.1, "trend": 381.9447, "fair_value": 353.524302, "relative_strength": 4.015934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.634641, "energy": 85.746123, "activity_lines": [ 403.156004, 398.007092, 390.762599, 386.828377 ] }, { "date": "2026-02-06", "close": 404.019989, "volume": 920, "typical_volume": 2276.4, "trend": 382.977033, "fair_value": 354.108276, "relative_strength": 2.073502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.948064, "energy": 76.025208, "activity_lines": [ 403.926666, 399.933272, 392.481403, 388.25259 ] }, { "date": "2026-02-13", "close": 408.299988, "volume": 535, "typical_volume": 2241.3, "trend": 384.173033, "fair_value": 354.71366, "relative_strength": 2.581305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.193989, "energy": 65.648207, "activity_lines": [ 405.391329, 402.252907, 394.470968, 389.886329 ] }, { "date": "2026-02-20", "close": 413.160004, "volume": 3957, "typical_volume": 2410.95, "trend": 385.346699, "fair_value": 355.32584, "relative_strength": 1.267562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.419721, "energy": 80.700348, "activity_lines": [ 408.089331, 404.975453, 396.742679, 391.756456 ] }, { "date": "2026-02-27", "close": 417.359985, "volume": 2202, "typical_volume": 2493.8, "trend": 387.179365, "fair_value": 355.978147, "relative_strength": 1.482122, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.685933, "energy": 87.913489, "activity_lines": [ 411.769993, 407.885269, 399.270339, 393.821829 ] }, { "date": "2026-03-06", "close": 397.309998, "volume": 6776, "typical_volume": 2773.55, "trend": 388.120698, "fair_value": 356.549942, "relative_strength": 3.582415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.103139, "energy": 54.552688, "activity_lines": [ 407.739327, 406.621451, 399.711287, 394.475418 ] }, { "date": "2026-03-13", "close": 391.640015, "volume": 7461, "typical_volume": 3123.25, "trend": 388.711365, "fair_value": 357.140135, "relative_strength": 3.035792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.343561, "energy": 29.882237, "activity_lines": [ 402.276001, 404.216181, 399.530522, 394.702471 ] }, { "date": "2026-03-20", "close": 373.600006, "volume": 1404, "typical_volume": 3011.65, "trend": 388.451031, "fair_value": 357.600968, "relative_strength": 1.368713, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -6.426145, "energy": 22.260411, "activity_lines": [ 391.624671, 398.556182, 397.611285, 393.727545 ] }, { "date": "2026-03-27", "close": 375.040009, "volume": 6251, "typical_volume": 3148.9, "trend": 388.461032, "fair_value": 358.009109, "relative_strength": 1.217358, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.372947, "energy": 44.722519, "activity_lines": [ 383.766673, 393.683457, 395.862334, 392.862317 ] }, { "date": "2026-04-03", "close": 388.220001, "volume": 4740, "typical_volume": 3342.25, "trend": 388.839032, "fair_value": 358.478148, "relative_strength": 1.290936, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.613313, "energy": 37.902075, "activity_lines": [ 382.843339, 391.786366, 395.370477, 392.846767 ] }, { "date": "2026-04-10", "close": 398.459991, "volume": 2343, "typical_volume": 3431.15, "trend": 389.552031, "fair_value": 358.981353, "relative_strength": 0.199747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.32885, "energy": 27.371194, "activity_lines": [ 387.276001, 392.000546, 395.816762, 393.467474 ] }, { "date": "2026-04-17", "close": 408.829987, "volume": 1836, "typical_volume": 3480.4, "trend": 390.670364, "fair_value": 359.531225, "relative_strength": 0.776773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.781617, "energy": 17.248756, "activity_lines": [ 395.088662, 394.203998, 397.12738, 394.711213 ] }, { "date": "2026-04-24", "close": 397.799988, "volume": 6751, "typical_volume": 3747.7, "trend": 391.585364, "fair_value": 360.010391, "relative_strength": 1.226225, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.947581, "energy": 24.141574, "activity_lines": [ 398.078658, 394.314542, 397.263855, 395.171189 ] }, { "date": "2026-05-01", "close": 396.660004, "volume": 1223, "typical_volume": 3628.3, "trend": 392.043697, "fair_value": 360.47475, "relative_strength": 1.429643, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.753569, "energy": 27.561666, "activity_lines": [ 399.075328, 394.408725, 397.215855, 395.498585 ] }, { "date": "2026-05-08", "close": 393.339996, "volume": 1268, "typical_volume": 3603.55, "trend": 392.483364, "fair_value": 360.91052, "relative_strength": 0.580076, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.421337, "energy": 21.406027, "activity_lines": [ 397.523995, 394.19927, 396.779284, 395.582217 ] }, { "date": "2026-05-15", "close": 389.269989, "volume": 6491, "typical_volume": 3906.15, "trend": 392.787364, "fair_value": 361.308468, "relative_strength": 1.502027, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.266431, "energy": 8.268434, "activity_lines": [ 394.27466, 393.686541, 395.93114, 395.374903 ] }, { "date": "2026-05-22", "close": 404.940002, "volume": 5256, "typical_volume": 3589.25, "trend": 393.373331, "fair_value": 361.845199, "relative_strength": 3.422404, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.452622, "energy": 15.109632, "activity_lines": [ 396.86133, 396.169087, 396.584712, 396.158944 ] }, { "date": "2026-05-29", "close": 402.070007, "volume": 2741, "typical_volume": 3328.35, "trend": 394.090331, "fair_value": 362.361738, "relative_strength": 1.833276, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.583064, "energy": 19.044724, "activity_lines": [ 398.750667, 397.887998, 396.908236, 396.72002 ] }, { "date": "2026-06-05", "close": 399.279999, "volume": 96, "typical_volume": 3243.3, "trend": 394.885331, "fair_value": 362.867699, "relative_strength": 0.717061, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.955629, "energy": 17.454281, "activity_lines": [ 399.425334, 398.581998, 396.968094, 397.054837 ] }, { "date": "2026-06-12", "close": 402.839996, "volume": 875, "typical_volume": 3216.05, "trend": 395.632331, "fair_value": 363.378084, "relative_strength": 0.041031, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 40.333095, "energy": 31.832193, "activity_lines": [ 401.111999, 399.482543, 397.403284, 397.568041 ] }, { "date": "2026-06-19", "close": 402.420013, "volume": 301, "typical_volume": 3171.35, "trend": 396.627331, "fair_value": 363.942058, "relative_strength": -0.849437, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.934139, "energy": 38.744389, "activity_lines": [ 402.025337, 400.04091, 397.79419, 398.005956 ] }, { "date": "2026-06-26", "close": 412.959991, "volume": 141, "typical_volume": 3132.4, "trend": 397.630665, "fair_value": 364.557699, "relative_strength": 2.165462, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 71.669951, "energy": 57.767318, "activity_lines": [ 405.575333, 402.443636, 399.197237, 399.059676 ] }, { "date": "2026-07-03", "close": 424.73999, "volume": 87, "typical_volume": 3110.0, "trend": 399.059999, "fair_value": 365.303917, "relative_strength": 3.49334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.627613, "energy": 78.165209, "activity_lines": [ 412.51733, 406.913089, 401.679617, 400.808665 ] }, { "date": "2026-07-10", "close": 419.01001, "volume": 8900, "typical_volume": 3357.15, "trend": 400.311666, "fair_value": 365.967635, "relative_strength": 4.059689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.319287, "energy": 78.552562, "activity_lines": [ 416.038, 409.850909, 403.537999, 402.095762 ] }, { "date": "2026-07-17", "close": 419.920013, "volume": 1620, "typical_volume": 3328.05, "trend": 401.365333, "fair_value": 366.604751, "relative_strength": 4.173615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.656982, "energy": 82.934227, "activity_lines": [ 418.546671, 412.547821, 405.455191, 403.360817 ] }, { "date": "2026-07-24", "close": 418.410004, "volume": 1222, "typical_volume": 3050.35, "trend": 402.271333, "fair_value": 367.21193, "relative_strength": 3.312761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.609367, "energy": 81.57122, "activity_lines": [ 419.413338, 414.486912, 407.216382, 404.460473 ] }, { "date": "2026-07-31", "close": 420.540009, "volume": 859, "typical_volume": 2720.25, "trend": 403.188333, "fair_value": 367.880199, "relative_strength": 2.105846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.230943, "energy": 76.088761, "activity_lines": [ 419.924007, 416.283459, 409.079954, 405.639098 ] }, { "date": "2026-08-07", "close": 423.480011, "volume": 3503, "typical_volume": 2825.2, "trend": 403.887667, "fair_value": 368.553084, "relative_strength": 0.360651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.294186, "energy": 74.621438, "activity_lines": [ 420.909343, 418.330915, 411.085907, 406.948238 ] } ], "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." } } }