{ "ticker": { "uuid": "dbe2ebdf-bfe1-4794-a082-b80d45d5abbc", "symbol": "AWAT", "name": "Amundi PEA Eau (MSCI Water) UCITS ETF", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 60.233, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "mixed", "architecture_direction": 47.061, "architecture_energy": 39.577, "architecture_maturity": 21.727, "architecture_confidence": 64.668, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 28.49, "rotation_up": 63.24, "upward_expansion": 53.09, "deceleration": 38.88, "rotation_down": 22.64, "downward_expansion": 11.43 }, "activity_lines": [ 32.539667, 32.3968, 31.876567, 31.784512 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 32.974998, "trend_reference": 31.805934, "distance_from_trend": 0.036756, "trend_direction": "Improving", "fair_value": 29.897255, "distance_from_fair_value": 0.102944, "fair_value_direction": "Improving", "relative_strength": -1.636309, "relative_strength_direction": "Weakening", "price_momentum": 0.009058, "excess_performance": -0.044254, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.036756, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.016743, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.102944, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.048682, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.016363, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.003091, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.009058, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.289702, "read": "Demand-led" } ], "volume": { "latest": 37651, "relative_activity": 1.10794, "balance": 2.289702, "dry_up": 1.221901, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.023017, "annualized_volatility": 0.141183, "from_high_reference": -0.013286, "from_low_reference": 0.156206 }, "levels": { "trend_reference": 31.805934, "fair_value_reference": 29.897255, "structural_low": 28.52, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 6, "median_return": -0.034043, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": 0.003164, "regime_survival": 0.333333, "best_return": 0.001826, "worst_return": -0.086205, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": -0.000914, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.024108, "regime_survival": 0.0, "best_return": 0.09845, "worst_return": -0.041333, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.034035, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.011275, "regime_survival": 0.0, "best_return": 0.100089, "worst_return": -0.03709, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.06371, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.061814, "regime_survival": 0.333333, "best_return": 0.216239, "worst_return": 0.004982, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-12-27", "tenure": "Developing", "return": -0.024936, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-07", "tenure": "Developing", "return": -0.036603, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.006054, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-30", "tenure": "Developing", "return": 0.012802, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-08-01", "tenure": "Developing", "return": 0.012507, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-08-22", "tenure": "New", "return": 0.006065, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-09-19", "tenure": "New", "return": -0.016564, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-11-07", "tenure": "Developing", "return": 0.004859, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-14", "end": "2026-01-16", "tenure": "Developing", "return": 0.057237, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-20", "tenure": "Developing", "return": -0.057528, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-15", "tenure": "Developing", "return": -0.016656, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-22", "end": "2026-06-12", "tenure": "New", "return": 0.018066, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-19", "end": "2026-06-26", "tenure": "New", "return": 0.030859, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.009954, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 25.223, "volume": 35263, "typical_volume": 81744.6, "trend": 24.9521, "fair_value": 24.049327, "relative_strength": -0.68135, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.140029, "energy": 23.95297, "activity_lines": [ 25.734067, 25.778237, 25.623529, 25.30466 ] }, { "date": "2023-08-25", "close": 25.306, "volume": 41287, "typical_volume": 82931.4, "trend": 24.9932, "fair_value": 24.091981, "relative_strength": -1.010166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.180953, "energy": 17.629548, "activity_lines": [ 25.536534, 25.686855, 25.623833, 25.327492 ] }, { "date": "2023-09-01", "close": 26.004999, "volume": 58722, "typical_volume": 83393.15, "trend": 25.031867, "fair_value": 24.139276, "relative_strength": 0.970545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.651707, "energy": 20.300582, "activity_lines": [ 25.6312, 25.735582, 25.682781, 25.39277 ] }, { "date": "2023-09-08", "close": 25.552, "volume": 63446, "typical_volume": 82763.2, "trend": 25.0589, "fair_value": 24.18366, "relative_strength": 0.207494, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.052171, "energy": 16.410522, "activity_lines": [ 25.597733, 25.695618, 25.689167, 25.426327 ] }, { "date": "2023-09-15", "close": 25.712, "volume": 45923, "typical_volume": 81498.3, "trend": 25.086733, "fair_value": 24.226987, "relative_strength": -0.858837, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.62931, "energy": 10.803388, "activity_lines": [ 25.6412, 25.693727, 25.704043, 25.468462 ] }, { "date": "2023-09-22", "close": 25.049999, "volume": 46081, "typical_volume": 79364.0, "trend": 25.106867, "fair_value": 24.265622, "relative_strength": -0.538303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.59711, "energy": 3.355179, "activity_lines": [ 25.471333, 25.567382, 25.649624, 25.466092 ] }, { "date": "2023-09-29", "close": 25.135, "volume": 38947, "typical_volume": 77084.8, "trend": 25.128167, "fair_value": 24.301417, "relative_strength": 0.701584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.25431, "energy": 10.544339, "activity_lines": [ 25.341333, 25.462509, 25.602914, 25.467907 ] }, { "date": "2023-10-06", "close": 24.615, "volume": 43824, "typical_volume": 75191.25, "trend": 25.154, "fair_value": 24.331141, "relative_strength": -0.152573, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.042485, "energy": 37.812631, "activity_lines": [ 25.0494, 25.282345, 25.5074, 25.4348 ] }, { "date": "2023-10-13", "close": 24.926001, "volume": 40331, "typical_volume": 69914.95, "trend": 25.203467, "fair_value": 24.360904, "relative_strength": 2.035219, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.746489, "energy": 40.13635, "activity_lines": [ 24.9538, 25.190236, 25.444829, 25.42009 ] }, { "date": "2023-10-20", "close": 24.058001, "volume": 37317, "typical_volume": 67044.85, "trend": 25.224733, "fair_value": 24.387346, "relative_strength": 1.302419, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.978603, "energy": 61.105194, "activity_lines": [ 24.610601, 24.958127, 25.299, 25.346189 ] }, { "date": "2023-10-27", "close": 24.025999, "volume": 35258, "typical_volume": 62128.1, "trend": 25.2147, "fair_value": 24.416135, "relative_strength": 1.615959, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.391561, "energy": 65.709157, "activity_lines": [ 24.367, 24.752273, 25.157276, 25.268852 ] }, { "date": "2023-11-03", "close": 25.138, "volume": 25100, "typical_volume": 56871.15, "trend": 25.2646, "fair_value": 24.446372, "relative_strength": 2.580957, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.177512, "energy": 52.305354, "activity_lines": [ 24.562333, 24.770364, 25.130081, 25.263903 ] }, { "date": "2023-11-10", "close": 25.024, "volume": 30635, "typical_volume": 52201.95, "trend": 25.297833, "fair_value": 24.473365, "relative_strength": 2.254995, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.274649, "energy": 36.710152, "activity_lines": [ 24.719467, 24.770782, 25.096238, 25.248381 ] }, { "date": "2023-11-17", "close": 25.569, "volume": 24863, "typical_volume": 48408.6, "trend": 25.345633, "fair_value": 24.503263, "relative_strength": 1.842555, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.131216, "energy": 14.083621, "activity_lines": [ 25.031, 24.888127, 25.117314, 25.265875 ] }, { "date": "2023-11-24", "close": 25.712999, "volume": 21379, "typical_volume": 44623.0, "trend": 25.3894, "fair_value": 24.534763, "relative_strength": 1.700171, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.617646, "energy": 19.529259, "activity_lines": [ 25.347666, 25.031345, 25.154376, 25.289576 ] }, { "date": "2023-12-01", "close": 26.190001, "volume": 24746, "typical_volume": 42674.85, "trend": 25.4301, "fair_value": 24.570833, "relative_strength": 2.8832, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.774402, "energy": 32.316405, "activity_lines": [ 25.713, 25.261273, 25.23579, 25.341228 ] }, { "date": "2023-12-08", "close": 26.836, "volume": 26502, "typical_volume": 40679.25, "trend": 25.481767, "fair_value": 24.611179, "relative_strength": 2.94467, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.026783, "energy": 58.607727, "activity_lines": [ 26.1494, 25.587927, 25.374876, 25.431931 ] }, { "date": "2023-12-15", "close": 27.495001, "volume": 47233, "typical_volume": 38860.3, "trend": 25.5545, "fair_value": 24.655115, "relative_strength": 4.503736, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.857008, "energy": 85.801678, "activity_lines": [ 26.692267, 26.003473, 25.573667, 25.561817 ] }, { "date": "2023-12-22", "close": 27.450001, "volume": 24284, "typical_volume": 37456.45, "trend": 25.642767, "fair_value": 24.697103, "relative_strength": 4.693059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.9692, "energy": 88.526656, "activity_lines": [ 27.055401, 26.358473, 25.76271, 25.684108 ] }, { "date": "2023-12-29", "close": 27.552999, "volume": 13973, "typical_volume": 36255.7, "trend": 25.7092, "fair_value": 24.738981, "relative_strength": 5.393218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.541939, "energy": 89.481283, "activity_lines": [ 27.327467, 26.686309, 25.95421, 25.807348 ] }, { "date": "2024-01-05", "close": 26.885, "volume": 20080, "typical_volume": 35496.55, "trend": 25.744133, "fair_value": 24.770308, "relative_strength": 4.458502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.832587, "energy": 81.415664, "activity_lines": [ 27.2542, 26.829146, 26.073848, 25.883207 ] }, { "date": "2024-01-12", "close": 27.201, "volume": 19290, "typical_volume": 34396.7, "trend": 25.783433, "fair_value": 24.803532, "relative_strength": 4.928942, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.276602, "energy": 68.199005, "activity_lines": [ 27.239933, 26.977455, 26.215667, 25.977198 ] }, { "date": "2024-01-19", "close": 26.872999, "volume": 46153, "typical_volume": 33768.25, "trend": 25.823967, "fair_value": 24.834333, "relative_strength": 4.812856, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.698328, "energy": 50.940172, "activity_lines": [ 27.092, 27.028618, 26.317224, 26.047492 ] }, { "date": "2024-01-26", "close": 27.450001, "volume": 33790, "typical_volume": 32285.45, "trend": 25.870767, "fair_value": 24.873641, "relative_strength": 3.265604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.241297, "energy": 49.397957, "activity_lines": [ 27.177867, 27.151073, 26.4696, 26.152398 ] }, { "date": "2024-02-02", "close": 27.674999, "volume": 38796, "typical_volume": 31929.1, "trend": 25.9437, "fair_value": 24.907538, "relative_strength": 4.564684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.402733, "energy": 56.900175, "activity_lines": [ 27.338733, 27.280236, 26.634367, 26.2688 ] }, { "date": "2024-02-09", "close": 28.166, "volume": 39412, "typical_volume": 31595.65, "trend": 26.036533, "fair_value": 24.944013, "relative_strength": 5.526916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.152881, "energy": 69.561617, "activity_lines": [ 27.655133, 27.463, 26.836548, 26.412174 ] }, { "date": "2024-02-16", "close": 28.948, "volume": 43834, "typical_volume": 31840.0, "trend": 26.128333, "fair_value": 24.986256, "relative_strength": 6.572017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.979651, "energy": 92.774653, "activity_lines": [ 28.1468, 27.752018, 27.098367, 26.600011 ] }, { "date": "2024-02-23", "close": 29.040001, "volume": 30837, "typical_volume": 31190.65, "trend": 26.218067, "fair_value": 25.034269, "relative_strength": 4.107259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.299692, "energy": 92.957454, "activity_lines": [ 28.552667, 28.019364, 27.350791, 26.78786 ] }, { "date": "2024-03-01", "close": 29.233999, "volume": 28044, "typical_volume": 30576.3, "trend": 26.329, "fair_value": 25.084122, "relative_strength": 5.029727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.209863, "energy": 92.734175, "activity_lines": [ 28.878733, 28.293891, 27.600619, 26.982437 ] }, { "date": "2024-03-08", "close": 29.478001, "volume": 30315, "typical_volume": 30226.2, "trend": 26.450867, "fair_value": 25.129833, "relative_strength": 4.456399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.205559, "energy": 92.625344, "activity_lines": [ 29.1672, 28.580346, 27.853171, 27.185598 ] }, { "date": "2024-03-15", "close": 29.43, "volume": 30600, "typical_volume": 29993.3, "trend": 26.5911, "fair_value": 25.174218, "relative_strength": 2.421642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.082526, "energy": 89.221059, "activity_lines": [ 29.319467, 28.823073, 28.075343, 27.3778 ] }, { "date": "2024-03-22", "close": 30.138, "volume": 32261, "typical_volume": 30351.35, "trend": 26.752167, "fair_value": 25.220615, "relative_strength": 4.840152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.663264, "energy": 88.460975, "activity_lines": [ 29.623467, 29.148255, 28.33921, 27.606632 ] }, { "date": "2024-03-29", "close": 30.393, "volume": 23167, "typical_volume": 29977.95, "trend": 26.898433, "fair_value": 25.265974, "relative_strength": 4.814773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.716874, "energy": 80.879413, "activity_lines": [ 29.933133, 29.4664, 28.603552, 27.841525 ] }, { "date": "2024-04-05", "close": 29.931, "volume": 32905, "typical_volume": 30380.05, "trend": 27.0444, "fair_value": 25.307, "relative_strength": 4.794941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.915272, "energy": 67.386452, "activity_lines": [ 29.9986, 29.636546, 28.798329, 28.037174 ] }, { "date": "2024-04-12", "close": 29.9, "volume": 36331, "typical_volume": 31127.65, "trend": 27.184, "fair_value": 25.346186, "relative_strength": 5.039806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.39656, "energy": 66.533367, "activity_lines": [ 30.007267, 29.755946, 28.969381, 28.221406 ] }, { "date": "2024-04-19", "close": 29.612, "volume": 32045, "typical_volume": 31492.6, "trend": 27.336067, "fair_value": 25.382583, "relative_strength": 3.594278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.494677, "energy": 62.673381, "activity_lines": [ 29.8918, 29.782527, 29.093067, 28.378052 ] }, { "date": "2024-04-26", "close": 29.950001, "volume": 43124, "typical_volume": 32323.7, "trend": 27.496567, "fair_value": 25.423699, "relative_strength": 3.674465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.010456, "energy": 56.902524, "activity_lines": [ 29.876867, 29.844273, 29.232648, 28.546693 ] }, { "date": "2024-05-03", "close": 30.114, "volume": 28977, "typical_volume": 31410.9, "trend": 27.679867, "fair_value": 25.463564, "relative_strength": 5.711964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.939541, "energy": 54.471044, "activity_lines": [ 29.929134, 29.917618, 29.373019, 28.715559 ] }, { "date": "2024-05-10", "close": 30.940001, "volume": 38255, "typical_volume": 32109.45, "trend": 27.880333, "fair_value": 25.509885, "relative_strength": 4.955341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.966285, "energy": 64.44955, "activity_lines": [ 30.275334, 30.121619, 29.579586, 28.92589 ] }, { "date": "2024-05-17", "close": 30.58, "volume": 32765, "typical_volume": 33049.05, "trend": 28.097733, "fair_value": 25.555038, "relative_strength": 4.185875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.951024, "energy": 63.390197, "activity_lines": [ 30.434267, 30.229146, 29.735248, 29.100063 ] }, { "date": "2024-05-24", "close": 30.08, "volume": 37675, "typical_volume": 33928.8, "trend": 28.299533, "fair_value": 25.594936, "relative_strength": 3.219843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.14309, "energy": 56.4345, "activity_lines": [ 30.3812, 30.225728, 29.828876, 29.227951 ] }, { "date": "2024-05-31", "close": 29.629999, "volume": 34281, "typical_volume": 34678.35, "trend": 28.449267, "fair_value": 25.631506, "relative_strength": 2.869183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.185483, "energy": 45.996433, "activity_lines": [ 30.146933, 30.128673, 29.864433, 29.313787 ] }, { "date": "2024-06-07", "close": 29.521999, "volume": 39623, "typical_volume": 34351.85, "trend": 28.5992, "fair_value": 25.666346, "relative_strength": 2.32116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.799986, "energy": 24.619271, "activity_lines": [ 29.897999, 30.021218, 29.878138, 29.382996 ] }, { "date": "2024-06-14", "close": 29.733, "volume": 37417, "typical_volume": 34533.2, "trend": 28.738, "fair_value": 25.702577, "relative_strength": 9.641699, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.039327, "energy": 21.583679, "activity_lines": [ 29.758866, 29.967963, 29.899324, 29.456144 ] }, { "date": "2024-06-21", "close": 29.961, "volume": 26992, "typical_volume": 33943.0, "trend": 28.8796, "fair_value": 25.739577, "relative_strength": 8.468197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.767366, "energy": 21.128543, "activity_lines": [ 29.7762, 29.959763, 29.931352, 29.535047 ] }, { "date": "2024-06-28", "close": 29.686001, "volume": 34788, "typical_volume": 33711.8, "trend": 28.996133, "fair_value": 25.772173, "relative_strength": 9.355087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.474266, "energy": 14.240287, "activity_lines": [ 29.743133, 29.900455, 29.926305, 29.587073 ] }, { "date": "2024-07-05", "close": 29.212999, "volume": 41455, "typical_volume": 33592.85, "trend": 29.075367, "fair_value": 25.800045, "relative_strength": 4.738333, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.281823, "energy": 8.530116, "activity_lines": [ 29.578667, 29.7538, 29.868971, 29.601065 ] }, { "date": "2024-07-12", "close": 30.23, "volume": 31060, "typical_volume": 33604.0, "trend": 29.166533, "fair_value": 25.832301, "relative_strength": 7.432978, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.057525, "energy": 14.205291, "activity_lines": [ 29.781, 29.805454, 29.907233, 29.675557 ] }, { "date": "2024-07-19", "close": 30.198, "volume": 28814, "typical_volume": 33642.5, "trend": 29.258133, "fair_value": 25.861487, "relative_strength": 9.742401, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.649767, "energy": 19.228219, "activity_lines": [ 29.925467, 29.849182, 29.936781, 29.742103 ] }, { "date": "2024-07-26", "close": 30.471001, "volume": 31306, "typical_volume": 33692.05, "trend": 29.3554, "fair_value": 25.890372, "relative_strength": 10.674207, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.78533, "energy": 28.251881, "activity_lines": [ 30.129934, 29.956036, 29.987738, 29.820353 ] }, { "date": "2024-08-02", "close": 29.712, "volume": 30688, "typical_volume": 33696.45, "trend": 29.449633, "fair_value": 25.91, "relative_strength": 11.548602, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.536304, "energy": 21.840211, "activity_lines": [ 30.0474, 29.926873, 29.961681, 29.843359 ] }, { "date": "2024-08-09", "close": 29.323999, "volume": 61786, "typical_volume": 35172.7, "trend": 29.5204, "fair_value": 25.924712, "relative_strength": 9.524892, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.427715, "energy": 4.351444, "activity_lines": [ 29.8338, 29.833854, 29.897329, 29.835254 ] }, { "date": "2024-08-16", "close": 29.931999, "volume": 25301, "typical_volume": 35279.4, "trend": 29.622367, "fair_value": 25.943641, "relative_strength": 8.812239, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.727986, "energy": 8.287306, "activity_lines": [ 29.815466, 29.856945, 29.894757, 29.861809 ] }, { "date": "2024-08-23", "close": 30.233999, "volume": 21352, "typical_volume": 34701.75, "trend": 29.715167, "fair_value": 25.963737, "relative_strength": 7.78795, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.551596, "energy": 15.448728, "activity_lines": [ 29.917666, 29.927491, 29.923143, 29.901269 ] }, { "date": "2024-08-30", "close": 30.395, "volume": 28223, "typical_volume": 34296.35, "trend": 29.805833, "fair_value": 25.98284, "relative_strength": 7.362588, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.06758, "energy": 21.320659, "activity_lines": [ 30.071133, 30.0182, 29.965419, 29.945129 ] }, { "date": "2024-09-06", "close": 29.212, "volume": 30331, "typical_volume": 34210.65, "trend": 29.8407, "fair_value": 25.995628, "relative_strength": 6.848527, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.365458, "energy": 11.030308, "activity_lines": [ 29.835333, 29.885927, 29.892671, 29.906817 ] }, { "date": "2024-09-13", "close": 30.049, "volume": 42824, "typical_volume": 34195.65, "trend": 29.8774, "fair_value": 26.018058, "relative_strength": 7.945264, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.232663, "energy": 10.941531, "activity_lines": [ 29.911866, 29.914454, 29.901543, 29.920256 ] }, { "date": "2024-09-20", "close": 30.261999, "volume": 25826, "typical_volume": 34038.1, "trend": 29.918133, "fair_value": 26.042776, "relative_strength": 7.897893, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.982886, "energy": 19.360404, "activity_lines": [ 30.011066, 29.966509, 29.930228, 29.945069 ] }, { "date": "2024-09-27", "close": 31.049999, "volume": 49394, "typical_volume": 34595.05, "trend": 29.978667, "fair_value": 26.079083, "relative_strength": 6.312639, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.063578, "energy": 39.660994, "activity_lines": [ 30.350933, 30.161254, 30.033257, 30.018092 ] }, { "date": "2024-10-04", "close": 30.813999, "volume": 41431, "typical_volume": 35028.35, "trend": 30.0232, "fair_value": 26.112596, "relative_strength": 8.673878, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.224087, "energy": 52.964286, "activity_lines": [ 30.557733, 30.297599, 30.113285, 30.071985 ] }, { "date": "2024-10-11", "close": 31.280001, "volume": 30707, "typical_volume": 34679.95, "trend": 30.084867, "fair_value": 26.144859, "relative_strength": 9.467127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.563063, "energy": 66.57921, "activity_lines": [ 30.891933, 30.512436, 30.236581, 30.153069 ] }, { "date": "2024-10-18", "close": 31.500999, "volume": 36216, "typical_volume": 34776.7, "trend": 30.1303, "fair_value": 26.175654, "relative_strength": 9.39207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.652793, "energy": 72.788362, "activity_lines": [ 31.161933, 30.738945, 30.375209, 30.244432 ] }, { "date": "2024-10-25", "close": 31.021, "volume": 44691, "typical_volume": 35030.1, "trend": 30.151233, "fair_value": 26.201429, "relative_strength": 9.051166, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.72121, "energy": 63.921043, "activity_lines": [ 31.175133, 30.8386, 30.459214, 30.301896 ] }, { "date": "2024-11-01", "close": 30.444, "volume": 41910, "typical_volume": 35254.75, "trend": 30.168333, "fair_value": 26.21975, "relative_strength": 8.003396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.492313, "energy": 48.36263, "activity_lines": [ 30.9454, 30.813545, 30.481128, 30.320785 ] }, { "date": "2024-11-08", "close": 31.700001, "volume": 47971, "typical_volume": 36303.7, "trend": 30.228333, "fair_value": 26.244853, "relative_strength": 13.099813, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.539622, "energy": 45.059433, "activity_lines": [ 31.174734, 31.013036, 30.619276, 30.419602 ] }, { "date": "2024-11-15", "close": 31.438, "volume": 40441, "typical_volume": 36586.35, "trend": 30.2892, "fair_value": 26.265968, "relative_strength": 12.781675, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.791265, "energy": 38.373134, "activity_lines": [ 31.257667, 31.141164, 30.72419, 30.497645 ] }, { "date": "2024-11-22", "close": 32.395, "volume": 33487, "typical_volume": 36187.95, "trend": 30.3707, "fair_value": 26.299782, "relative_strength": 15.902993, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.819113, "energy": 53.173637, "activity_lines": [ 31.649067, 31.402818, 30.911905, 30.633503 ] }, { "date": "2024-11-29", "close": 32.334999, "volume": 47207, "typical_volume": 36995.3, "trend": 30.444733, "fair_value": 26.334494, "relative_strength": 15.48536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.112409, "energy": 70.489313, "activity_lines": [ 31.960866, 31.610909, 31.078752, 30.760232 ] }, { "date": "2024-12-06", "close": 32.639, "volume": 51345, "typical_volume": 38121.85, "trend": 30.501366, "fair_value": 26.366365, "relative_strength": 13.095103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.97478, "energy": 77.434916, "activity_lines": [ 32.2864, 31.836582, 31.264528, 30.901798 ] }, { "date": "2024-12-13", "close": 32.083, "volume": 61555, "typical_volume": 39634.3, "trend": 30.551466, "fair_value": 26.396769, "relative_strength": 11.037711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.140977, "energy": 71.312539, "activity_lines": [ 32.280266, 31.932273, 31.385728, 31.003839 ] }, { "date": "2024-12-20", "close": 30.812, "volume": 61470, "typical_volume": 41173.4, "trend": 30.575866, "fair_value": 26.417449, "relative_strength": 8.293972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.031277, "energy": 34.645981, "activity_lines": [ 31.824933, 31.7738, 31.378205, 31.020647 ] }, { "date": "2024-12-27", "close": 30.5, "volume": 50433, "typical_volume": 40605.75, "trend": 30.604866, "fair_value": 26.433538, "relative_strength": 5.761654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.021334, "energy": 13.605278, "activity_lines": [ 31.307333, 31.567109, 31.335728, 31.015753 ] }, { "date": "2025-01-03", "close": 30.981001, "volume": 39134, "typical_volume": 41297.4, "trend": 30.6535, "fair_value": 26.458045, "relative_strength": 8.173715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.888884, "energy": 21.356611, "activity_lines": [ 31.0764, 31.466073, 31.333462, 31.040019 ] }, { "date": "2025-01-10", "close": 30.393999, "volume": 50797, "typical_volume": 42769.65, "trend": 30.675533, "fair_value": 26.486417, "relative_strength": 3.77229, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.49356, "energy": 21.78683, "activity_lines": [ 30.740067, 31.259036, 31.270295, 31.023277 ] }, { "date": "2025-01-17", "close": 31.511, "volume": 52958, "typical_volume": 44006.4, "trend": 30.7272, "fair_value": 26.523006, "relative_strength": 3.473728, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.051013, "energy": 17.447973, "activity_lines": [ 30.925733, 31.256, 31.312748, 31.077178 ] }, { "date": "2025-01-24", "close": 30.914, "volume": 53510, "typical_volume": 45165.35, "trend": 30.768133, "fair_value": 26.562609, "relative_strength": -1.422316, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.661223, "energy": 10.781881, "activity_lines": [ 30.950533, 31.147854, 31.293029, 31.08923 ] }, { "date": "2025-01-31", "close": 31.628, "volume": 44642, "typical_volume": 45256.25, "trend": 30.848633, "fair_value": 26.608949, "relative_strength": 0.405803, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.105936, "energy": 12.518587, "activity_lines": [ 31.206533, 31.179055, 31.333205, 31.144705 ] }, { "date": "2025-02-07", "close": 31.5, "volume": 56130, "typical_volume": 46771.45, "trend": 30.890967, "fair_value": 26.653436, "relative_strength": -0.416692, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.74242, "energy": 19.558869, "activity_lines": [ 31.344667, 31.200927, 31.353671, 31.186729 ] }, { "date": "2025-02-14", "close": 31.25, "volume": 41527, "typical_volume": 46378.1, "trend": 30.926033, "fair_value": 26.696096, "relative_strength": -3.733596, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.477399, "energy": 16.72349, "activity_lines": [ 31.364867, 31.192527, 31.344433, 31.209892 ] }, { "date": "2025-02-21", "close": 30.808001, "volume": 31976, "typical_volume": 45905.35, "trend": 30.937267, "fair_value": 26.735923, "relative_strength": -4.87674, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.029846, "energy": 11.143959, "activity_lines": [ 31.180667, 31.129018, 31.292148, 31.202277 ] }, { "date": "2025-02-28", "close": 30.9, "volume": 42087, "typical_volume": 46474.35, "trend": 30.976867, "fair_value": 26.776058, "relative_strength": -4.146249, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 8.043431, "energy": 7.570832, "activity_lines": [ 31.074, 31.105418, 31.248652, 31.199873 ] }, { "date": "2025-03-07", "close": 29.847, "volume": 48271, "typical_volume": 47077.1, "trend": 30.9943, "fair_value": 26.809237, "relative_strength": -7.518829, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.486213, "energy": 42.426191, "activity_lines": [ 30.617267, 30.888764, 31.106681, 31.126978 ] }, { "date": "2025-03-14", "close": 29.565001, "volume": 34312, "typical_volume": 46558.15, "trend": 30.982067, "fair_value": 26.835712, "relative_strength": -7.371818, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.50912, "energy": 57.603292, "activity_lines": [ 30.185267, 30.632709, 30.945729, 31.034766 ] }, { "date": "2025-03-21", "close": 29.743999, "volume": 34474, "typical_volume": 46186.35, "trend": 30.965733, "fair_value": 26.864718, "relative_strength": -6.981485, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.265147, "energy": 72.618335, "activity_lines": [ 29.941933, 30.434946, 30.808757, 30.95489 ] }, { "date": "2025-03-28", "close": 29.76, "volume": 33235, "typical_volume": 45449.55, "trend": 30.944567, "fair_value": 26.891385, "relative_strength": -5.465269, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.155814, "energy": 73.651305, "activity_lines": [ 29.804333, 30.251909, 30.676643, 30.877101 ] }, { "date": "2025-04-04", "close": 28.235001, "volume": 62425, "typical_volume": 46548.75, "trend": 30.912, "fair_value": 26.907763, "relative_strength": -2.484576, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.302633, "energy": 83.090185, "activity_lines": [ 29.228267, 29.823437, 30.408529, 30.70229 ] }, { "date": "2025-04-11", "close": 26.9, "volume": 67252, "typical_volume": 48237.0, "trend": 30.807033, "fair_value": 26.917891, "relative_strength": -4.895024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.252806, "energy": 89.236926, "activity_lines": [ 28.384867, 29.200946, 30.028524, 30.443452 ] }, { "date": "2025-04-18", "close": 28.370001, "volume": 27470, "typical_volume": 47250.15, "trend": 30.743967, "fair_value": 26.938853, "relative_strength": -2.286101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.237045, "energy": 79.07269, "activity_lines": [ 28.227934, 28.931691, 29.814686, 30.286224 ] }, { "date": "2025-04-25", "close": 28.576, "volume": 21847, "typical_volume": 45775.25, "trend": 30.6615, "fair_value": 26.962314, "relative_strength": -4.887606, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.370863, "energy": 72.2327, "activity_lines": [ 28.219334, 28.7568, 29.639348, 30.146355 ] }, { "date": "2025-05-02", "close": 29.518, "volume": 37870, "typical_volume": 44591.0, "trend": 30.6183, "fair_value": 27.000045, "relative_strength": -4.720291, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.976727, "energy": 49.052141, "activity_lines": [ 28.6026, 28.8018, 29.573072, 30.072581 ] }, { "date": "2025-05-09", "close": 30.110001, "volume": 18551, "typical_volume": 42445.05, "trend": 30.5793, "fair_value": 27.041218, "relative_strength": -2.532171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.915191, "energy": 22.565792, "activity_lines": [ 29.199334, 28.977891, 29.575391, 30.039787 ] }, { "date": "2025-05-16", "close": 30.552, "volume": 19675, "typical_volume": 40907.15, "trend": 30.547667, "fair_value": 27.088372, "relative_strength": -2.954557, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.92406, "energy": 19.981354, "activity_lines": [ 29.8184, 29.248709, 29.623148, 30.038026 ] }, { "date": "2025-05-23", "close": 30.0, "volume": 25917, "typical_volume": 40246.3, "trend": 30.513633, "fair_value": 27.130141, "relative_strength": -2.907824, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.808318, "energy": 23.646036, "activity_lines": [ 30.01, 29.406346, 29.618086, 30.002693 ] }, { "date": "2025-05-30", "close": 30.141001, "volume": 19830, "typical_volume": 38697.95, "trend": 30.503533, "fair_value": 27.172455, "relative_strength": -2.756384, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.144534, "energy": 22.137874, "activity_lines": [ 30.139934, 29.58171, 29.631124, 29.978652 ] }, { "date": "2025-06-06", "close": 30.304001, "volume": 37907, "typical_volume": 37945.4, "trend": 30.457, "fair_value": 27.220083, "relative_strength": -2.984352, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.003076, "energy": 15.973418, "activity_lines": [ 30.219867, 29.779491, 29.660891, 29.965779 ] }, { "date": "2025-06-13", "close": 29.863001, "volume": 20416, "typical_volume": 36290.7, "trend": 30.4045, "fair_value": 27.273968, "relative_strength": -2.865147, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.011653, "energy": 11.167429, "activity_lines": [ 30.100401, 29.887201, 29.654405, 29.927456 ] }, { "date": "2025-06-20", "close": 29.6, "volume": 18922, "typical_volume": 35004.7, "trend": 30.311334, "fair_value": 27.321449, "relative_strength": -2.502364, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.496952, "energy": 11.640025, "activity_lines": [ 29.909734, 29.917491, 29.627877, 29.875553 ] }, { "date": "2025-06-27", "close": 29.948999, "volume": 16046, "typical_volume": 33000.5, "trend": 30.2318, "fair_value": 27.369917, "relative_strength": -2.624351, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.781508, "energy": 10.557028, "activity_lines": [ 29.898867, 29.962146, 29.644243, 29.852177 ] }, { "date": "2025-07-04", "close": 29.9, "volume": 21325, "typical_volume": 31990.4, "trend": 30.1405, "fair_value": 27.412346, "relative_strength": -2.880212, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.654062, "energy": 13.001847, "activity_lines": [ 29.875067, 29.969182, 29.663329, 29.83077 ] }, { "date": "2025-07-11", "close": 29.995001, "volume": 18361, "typical_volume": 31309.65, "trend": 30.0709, "fair_value": 27.457032, "relative_strength": -4.188953, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.234152, "energy": 12.018317, "activity_lines": [ 29.899, 29.969419, 29.697891, 29.821383 ] }, { "date": "2025-07-18", "close": 30.228001, "volume": 19978, "typical_volume": 30204.2, "trend": 30.051434, "fair_value": 27.497013, "relative_strength": -3.296107, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.081621, "energy": 9.708015, "activity_lines": [ 30.0212, 30.003346, 29.758515, 29.831519 ] }, { "date": "2025-07-25", "close": 30.277, "volume": 23536, "typical_volume": 28967.45, "trend": 30.044, "fair_value": 27.530077, "relative_strength": -3.198684, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.13623, "energy": 19.213392, "activity_lines": [ 30.1354, 30.044037, 29.827005, 29.846071 ] }, { "date": "2025-08-01", "close": 30.683001, "volume": 36706, "typical_volume": 29087.15, "trend": 30.034067, "fair_value": 27.566647, "relative_strength": 1.864094, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.916171, "energy": 39.300401, "activity_lines": [ 30.339801, 30.163546, 29.932115, 29.887297 ] }, { "date": "2025-08-08", "close": 31.0, "volume": 33374, "typical_volume": 29032.15, "trend": 30.054267, "fair_value": 27.60066, "relative_strength": 0.314739, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.771496, "energy": 55.35743, "activity_lines": [ 30.600934, 30.328273, 30.062091, 29.949615 ] }, { "date": "2025-08-15", "close": 30.944, "volume": 17622, "typical_volume": 28251.5, "trend": 30.035367, "fair_value": 27.633833, "relative_strength": -2.093858, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 41.799977, "energy": 60.073805, "activity_lines": [ 30.770067, 30.4672, 30.180753, 30.007018 ] }, { "date": "2025-08-22", "close": 31.188, "volume": 21100, "typical_volume": 26185.25, "trend": 30.0445, "fair_value": 27.674474, "relative_strength": -1.857994, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.757919, "energy": 76.928967, "activity_lines": [ 30.957267, 30.638855, 30.317015, 30.081381 ] }, { "date": "2025-08-29", "close": 30.969999, "volume": 25143, "typical_volume": 24079.8, "trend": 30.022567, "fair_value": 27.718936, "relative_strength": 0.800356, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.384131, "energy": 71.558603, "activity_lines": [ 31.0078, 30.746782, 30.418453, 30.141091 ] }, { "date": "2025-09-05", "close": 30.934999, "volume": 34134, "typical_volume": 24413.0, "trend": 30.003734, "fair_value": 27.760038, "relative_strength": 1.040427, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.649674, "energy": 62.21392, "activity_lines": [ 31.000466, 30.823436, 30.497176, 30.199957 ] }, { "date": "2025-09-12", "close": 30.731001, "volume": 31642, "typical_volume": 24902.75, "trend": 29.986434, "fair_value": 27.807417, "relative_strength": -1.509288, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.601567, "energy": 41.564181, "activity_lines": [ 30.908333, 30.845073, 30.544257, 30.246878 ] }, { "date": "2025-09-19", "close": 30.457001, "volume": 23145, "typical_volume": 24166.5, "trend": 29.974734, "fair_value": 27.85534, "relative_strength": -2.666239, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.565047, "energy": 26.062452, "activity_lines": [ 30.7428, 30.801782, 30.554981, 30.277237 ] }, { "date": "2025-09-26", "close": 30.253, "volume": 19961, "typical_volume": 24237.0, "trend": 29.953167, "fair_value": 27.905346, "relative_strength": -3.462321, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.78352, "energy": 19.036377, "activity_lines": [ 30.541734, 30.713, 30.541805, 30.295189 ] }, { "date": "2025-10-03", "close": 30.799999, "volume": 27490, "typical_volume": 24627.75, "trend": 29.984934, "fair_value": 27.959135, "relative_strength": -4.153967, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.665344, "energy": 20.613171, "activity_lines": [ 30.585333, 30.723218, 30.580043, 30.349824 ] }, { "date": "2025-10-10", "close": 30.384001, "volume": 27559, "typical_volume": 24709.85, "trend": 30.012234, "fair_value": 28.011205, "relative_strength": -3.35986, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.284675, "energy": 18.788832, "activity_lines": [ 30.5016, 30.648291, 30.577481, 30.37557 ] }, { "date": "2025-10-17", "close": 30.549999, "volume": 31302, "typical_volume": 25283.45, "trend": 30.0391, "fair_value": 28.062583, "relative_strength": -5.694505, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.231886, "energy": 15.559491, "activity_lines": [ 30.509933, 30.608982, 30.5889, 30.410265 ] }, { "date": "2025-10-24", "close": 31.2708, "volume": 30796, "typical_volume": 24927.9, "trend": 30.08946, "fair_value": 28.110967, "relative_strength": -3.916398, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.710312, "energy": 31.856495, "activity_lines": [ 30.7706, 30.708909, 30.667019, 30.489729 ] }, { "date": "2025-10-31", "close": 30.700001, "volume": 40454, "typical_volume": 25929.8, "trend": 30.171627, "fair_value": 28.156306, "relative_strength": -4.302851, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.57402, "energy": 24.073884, "activity_lines": [ 30.786747, 30.699113, 30.686172, 30.529119 ] }, { "date": "2025-11-07", "close": 30.4, "volume": 31940, "typical_volume": 26580.7, "trend": 30.288294, "fair_value": 28.193281, "relative_strength": -2.966898, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.823789, "energy": 15.944562, "activity_lines": [ 30.673094, 30.643644, 30.672769, 30.543853 ] }, { "date": "2025-11-14", "close": 30.4, "volume": 25193, "typical_volume": 27038.05, "trend": 30.35596, "fair_value": 28.230922, "relative_strength": -5.299701, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.439876, "energy": 8.801207, "activity_lines": [ 30.586107, 30.598538, 30.655555, 30.551059 ] }, { "date": "2025-11-21", "close": 29.819, "volume": 35112, "typical_volume": 27727.4, "trend": 30.397394, "fair_value": 28.261877, "relative_strength": -4.587678, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.08694, "energy": 20.762539, "activity_lines": [ 30.304387, 30.457524, 30.580861, 30.516417 ] }, { "date": "2025-11-28", "close": 30.846001, "volume": 32716, "typical_volume": 28445.15, "trend": 30.44166, "fair_value": 28.301838, "relative_strength": -2.682351, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 0.819015, "energy": 8.755299, "activity_lines": [ 30.413734, 30.519818, 30.604362, 30.545359 ] }, { "date": "2025-12-05", "close": 30.722, "volume": 29245, "typical_volume": 28908.5, "trend": 30.46206, "fair_value": 28.342364, "relative_strength": -2.686421, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.463244, "energy": 10.506367, "activity_lines": [ 30.510067, 30.552495, 30.612001, 30.563446 ] }, { "date": "2025-12-12", "close": 30.6, "volume": 29870, "typical_volume": 29225.2, "trend": 30.46366, "fair_value": 28.388249, "relative_strength": -2.259156, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.424419, "energy": 10.196868, "activity_lines": [ 30.564267, 30.554462, 30.605669, 30.572345 ] }, { "date": "2025-12-19", "close": 30.35, "volume": 33456, "typical_volume": 29062.7, "trend": 30.475327, "fair_value": 28.433499, "relative_strength": -3.797653, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.345026, "energy": 11.268495, "activity_lines": [ 30.5218, 30.514611, 30.573989, 30.565012 ] }, { "date": "2025-12-26", "close": 30.264, "volume": 12486, "typical_volume": 28018.3, "trend": 30.479427, "fair_value": 28.479454, "relative_strength": -3.306461, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.599967, "energy": 9.011565, "activity_lines": [ 30.454, 30.459742, 30.535704, 30.551378 ] }, { "date": "2026-01-02", "close": 30.391001, "volume": 26730, "typical_volume": 28473.7, "trend": 30.482327, "fair_value": 28.520774, "relative_strength": -3.724646, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.514958, "energy": 14.53292, "activity_lines": [ 30.398867, 30.433164, 30.513019, 30.545673 ] }, { "date": "2026-01-09", "close": 31.445999, "volume": 55075, "typical_volume": 30172.45, "trend": 30.535093, "fair_value": 28.56821, "relative_strength": -2.209648, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.043949, "energy": 26.312434, "activity_lines": [ 30.725733, 30.6144, 30.593444, 30.607846 ] }, { "date": "2026-01-16", "close": 32.139999, "volume": 50410, "typical_volume": 31435.8, "trend": 30.61976, "fair_value": 28.62355, "relative_strength": 1.295939, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.196521, "energy": 63.046132, "activity_lines": [ 31.235666, 30.908254, 30.738735, 30.711388 ] }, { "date": "2026-01-23", "close": 32.089001, "volume": 49706, "typical_volume": 32214.4, "trend": 30.691093, "fair_value": 28.674935, "relative_strength": 2.553435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.288286, "energy": 73.53838, "activity_lines": [ 31.625933, 31.1612, 30.873598, 30.806178 ] }, { "date": "2026-01-30", "close": 31.316999, "volume": 54704, "typical_volume": 33367.5, "trend": 30.738327, "fair_value": 28.716422, "relative_strength": 0.35223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.143628, "energy": 70.468262, "activity_lines": [ 31.642933, 31.243073, 30.929442, 30.846559 ] }, { "date": "2026-02-06", "close": 32.679001, "volume": 45592, "typical_volume": 34489.85, "trend": 30.827793, "fair_value": 28.767306, "relative_strength": 2.852811, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.134035, "energy": 81.788027, "activity_lines": [ 32.043733, 31.545345, 31.11221, 30.971764 ] }, { "date": "2026-02-13", "close": 33.400002, "volume": 40867, "typical_volume": 35535.15, "trend": 30.933527, "fair_value": 28.821941, "relative_strength": 4.539361, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.620225, "energy": 87.758492, "activity_lines": [ 32.532334, 31.945382, 31.353063, 31.137712 ] }, { "date": "2026-02-20", "close": 33.110001, "volume": 32886, "typical_volume": 35804.95, "trend": 31.02796, "fair_value": 28.87748, "relative_strength": 1.096363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.62198, "energy": 86.123574, "activity_lines": [ 32.794001, 32.244001, 31.551312, 31.27813 ] }, { "date": "2026-02-27", "close": 33.381001, "volume": 37563, "typical_volume": 36305.15, "trend": 31.117893, "fair_value": 28.934435, "relative_strength": 1.107766, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.707595, "energy": 90.66643, "activity_lines": [ 33.081334, 32.546255, 31.76437, 31.429939 ] }, { "date": "2026-03-06", "close": 31.879, "volume": 55003, "typical_volume": 37490.2, "trend": 31.147194, "fair_value": 28.985967, "relative_strength": 3.490461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.996616, "energy": 65.693372, "activity_lines": [ 32.781867, 32.52031, 31.820109, 31.479043 ] }, { "date": "2026-03-13", "close": 31.455, "volume": 47706, "typical_volume": 38335.7, "trend": 31.164227, "fair_value": 29.037332, "relative_strength": 3.021115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.396563, "energy": 35.077269, "activity_lines": [ 32.3036, 32.38791, 31.829138, 31.498901 ] }, { "date": "2026-03-20", "close": 30.243, "volume": 53238, "typical_volume": 38974.9, "trend": 31.132727, "fair_value": 29.081069, "relative_strength": 2.103378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 3.377797, "energy": 16.527433, "activity_lines": [ 31.502934, 32.0158, 31.721862, 31.439467 ] }, { "date": "2026-03-27", "close": 30.74, "volume": 33760, "typical_volume": 39065.9, "trend": 31.12506, "fair_value": 29.122178, "relative_strength": 3.172758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.337124, "energy": 26.502425, "activity_lines": [ 31.0784, 31.755928, 31.664096, 31.41413 ] }, { "date": "2026-04-03", "close": 31.360001, "volume": 31283, "typical_volume": 39370.4, "trend": 31.139227, "fair_value": 29.171659, "relative_strength": 1.781915, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.009215, "energy": 26.338701, "activity_lines": [ 31.018534, 31.634237, 31.663758, 31.429288 ] }, { "date": "2026-04-10", "close": 32.026001, "volume": 37533, "typical_volume": 39491.45, "trend": 31.182394, "fair_value": 29.222935, "relative_strength": 0.157807, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.278095, "energy": 19.788367, "activity_lines": [ 31.315401, 31.646891, 31.722277, 31.486499 ] }, { "date": "2026-04-17", "close": 31.794001, "volume": 30355, "typical_volume": 39373.4, "trend": 31.22696, "fair_value": 29.272031, "relative_strength": -2.463108, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.604497, "energy": 9.057626, "activity_lines": [ 31.525134, 31.604473, 31.748191, 31.525957 ] }, { "date": "2026-04-24", "close": 31.971001, "volume": 33448, "typical_volume": 39583.55, "trend": 31.284227, "fair_value": 29.320563, "relative_strength": 1.229674, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.167275, "energy": 19.544245, "activity_lines": [ 31.771268, 31.610328, 31.786448, 31.57396 ] }, { "date": "2026-05-01", "close": 31.606001, "volume": 38052, "typical_volume": 39992.65, "trend": 31.311094, "fair_value": 29.363108, "relative_strength": 0.55601, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 32.643994, "energy": 19.658614, "activity_lines": [ 31.780534, 31.575801, 31.783996, 31.59472 ] }, { "date": "2026-05-08", "close": 30.995001, "volume": 30377, "typical_volume": 39838.7, "trend": 31.33146, "fair_value": 29.399704, "relative_strength": -1.327164, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.293447, "energy": 8.991283, "activity_lines": [ 31.528401, 31.457528, 31.718563, 31.574327 ] }, { "date": "2026-05-15", "close": 30.228001, "volume": 39682, "typical_volume": 41198.5, "trend": 31.320727, "fair_value": 29.43121, "relative_strength": -1.797049, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.345585, "energy": 32.4139, "activity_lines": [ 31.044934, 31.243183, 31.57701, 31.503136 ] }, { "date": "2026-05-22", "close": 30.389, "volume": 71717, "typical_volume": 43447.85, "trend": 31.291334, "fair_value": 29.467024, "relative_strength": -3.194685, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.356716, "energy": 42.756065, "activity_lines": [ 30.735001, 31.088128, 31.450963, 31.443024 ] }, { "date": "2026-05-29", "close": 30.424999, "volume": 59445, "typical_volume": 43666.35, "trend": 31.282167, "fair_value": 29.49821, "relative_strength": -3.799065, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.64312, "energy": 50.960836, "activity_lines": [ 30.530733, 30.959, 31.328353, 31.387132 ] }, { "date": "2026-06-05", "close": 30.613001, "volume": 11666, "typical_volume": 41729.15, "trend": 31.289267, "fair_value": 29.528826, "relative_strength": -3.53999, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.315516, "energy": 52.064731, "activity_lines": [ 30.4922, 30.860746, 31.22851, 31.34396 ] }, { "date": "2026-06-12", "close": 30.938, "volume": 8712, "typical_volume": 39679.45, "trend": 31.3072, "fair_value": 29.560339, "relative_strength": -3.977509, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.231214, "energy": 36.833075, "activity_lines": [ 30.6282, 30.823891, 31.166891, 31.321297 ] }, { "date": "2026-06-19", "close": 31.594999, "volume": 14802, "typical_volume": 37684.35, "trend": 31.3664, "fair_value": 29.598403, "relative_strength": -2.68477, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.907771, "energy": 17.459539, "activity_lines": [ 30.987, 30.914164, 31.173324, 31.339865 ] }, { "date": "2026-06-26", "close": 32.57, "volume": 12267, "typical_volume": 36018.1, "trend": 31.423867, "fair_value": 29.640223, "relative_strength": 0.756962, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.083943, "energy": 23.526893, "activity_lines": [ 31.579666, 31.189545, 31.271291, 31.417516 ] }, { "date": "2026-07-03", "close": 32.650002, "volume": 11919, "typical_volume": 34570.7, "trend": 31.488134, "fair_value": 29.68614, "relative_strength": -0.434557, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.831117, "energy": 48.911704, "activity_lines": [ 32.053601, 31.465364, 31.377396, 31.496622 ] }, { "date": "2026-07-10", "close": 32.48, "volume": 48545, "typical_volume": 35353.65, "trend": 31.5508, "fair_value": 29.731646, "relative_strength": 1.023358, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.441985, "energy": 62.326009, "activity_lines": [ 32.322534, 31.697928, 31.470881, 31.560613 ] }, { "date": "2026-07-17", "close": 32.564999, "volume": 42826, "typical_volume": 35616.8, "trend": 31.624634, "fair_value": 29.772486, "relative_strength": 1.268928, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.543887, "energy": 67.859911, "activity_lines": [ 32.495333, 31.930055, 31.575462, 31.626046 ] }, { "date": "2026-07-24", "close": 32.650002, "volume": 38620, "typical_volume": 34797.65, "trend": 31.704167, "fair_value": 29.812883, "relative_strength": 1.109587, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.146792, "energy": 62.311953, "activity_lines": [ 32.588001, 32.149091, 31.692024, 31.692198 ] }, { "date": "2026-07-31", "close": 31.915001, "volume": 46998, "typical_volume": 34762.25, "trend": 31.754967, "fair_value": 29.851403, "relative_strength": -2.608628, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.704927, "energy": 35.113381, "activity_lines": [ 32.365334, 32.190455, 31.734915, 31.7058 ] }, { "date": "2026-08-07", "close": 32.974998, "volume": 37651, "typical_volume": 33982.9, "trend": 31.805934, "fair_value": 29.897255, "relative_strength": -1.636309, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.061143, "energy": 39.576625, "activity_lines": [ 32.539667, 32.3968, 31.876567, 31.784512 ] } ], "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." } } }