{ "ticker": { "uuid": "dc5d1ff6-8bd3-4437-a214-ae0c527822ca", "symbol": "WTCH", "name": "State Street SPDR MSCI World Technology UCITS ETF USD Acc", "exchange": "AMS", "country": "NL", "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": "^AEX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 72.597, "architecture_energy": 44.505, "architecture_maturity": 72.451, "architecture_confidence": 93.737, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 29.99, "rotation_up": 39.55, "upward_expansion": 66.52, "deceleration": 94.23, "rotation_down": 29.34, "downward_expansion": 15.86 }, "activity_lines": [ 227.906667, 227.889999, 224.126189, 215.127009 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 237.100006, "trend_reference": 204.100998, "distance_from_trend": 0.16168, "trend_direction": "Improving", "fair_value": 162.056089, "distance_from_fair_value": 0.463074, "fair_value_direction": "Improving", "relative_strength": 8.205216, "relative_strength_direction": "Weakening", "price_momentum": 0.315322, "excess_performance": 0.19866, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.16168, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.069968, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.463074, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.052325, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.082052, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.035622, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.315322, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.904725, "read": "Demand-led" } ], "volume": { "latest": 13987, "relative_activity": 0.907319, "balance": 1.904725, "dry_up": 1.010833, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.042874, "annualized_volatility": 0.243463, "from_high_reference": -0.002734, "from_low_reference": 0.407289 }, "levels": { "trend_reference": 204.100998, "fair_value_reference": 162.056089, "structural_low": 168.479996, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 9, "median_return": 0.018437, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": 0.031246, "regime_survival": 0.444444, "best_return": 0.103122, "worst_return": -0.029904, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.098189, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.070986, "regime_survival": 0.0, "best_return": 0.173012, "worst_return": -0.04818, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.20039, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.114081, "regime_survival": 0.0, "best_return": 0.292483, "worst_return": -0.018415, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.155218, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.166149, "regime_survival": 0.333333, "best_return": 0.440533, "worst_return": -0.153394, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.020948, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-10-11", "tenure": "Developing", "return": 0.120981, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-02-28", "tenure": "Established", "return": 0.014291, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.144181, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-30", "tenure": "Developing", "return": 0.18215, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.02623, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": 0.061902, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-11-28", "tenure": "Established", "return": 0.082333, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-02-13", "tenure": "Developing", "return": -0.073522, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-20", "end": "2026-03-20", "tenure": "Developing", "return": -0.029833, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.184395, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.075078, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": 0.002027, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.047724, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 105.099998, "volume": 22066, "typical_volume": 27475.25, "trend": 100.899666, "fair_value": 92.704744, "relative_strength": 9.254478, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.593725, "energy": 23.848273, "activity_lines": [ 107.672, 109.034545, 107.739619, 104.854559 ] }, { "date": "2023-08-25", "close": 108.239998, "volume": 20625, "typical_volume": 27803.4, "trend": 101.540333, "fair_value": 92.911731, "relative_strength": 12.668578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.800613, "energy": 25.716779, "activity_lines": [ 107.421333, 108.768363, 108.053381, 105.328129 ] }, { "date": "2023-09-01", "close": 113.68, "volume": 19481, "typical_volume": 28122.3, "trend": 102.184666, "fair_value": 93.178974, "relative_strength": 16.107029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.654436, "energy": 27.96477, "activity_lines": [ 109.190666, 109.548727, 108.823524, 106.111333 ] }, { "date": "2023-09-08", "close": 112.519997, "volume": 24279, "typical_volume": 28672.95, "trend": 102.847333, "fair_value": 93.444295, "relative_strength": 15.785017, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.568573, "energy": 39.116505, "activity_lines": [ 110.535999, 110.021454, 109.395142, 106.778129 ] }, { "date": "2023-09-15", "close": 110.239998, "volume": 14890, "typical_volume": 28816.85, "trend": 103.441333, "fair_value": 93.700449, "relative_strength": 12.835306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.531673, "energy": 41.021035, "activity_lines": [ 110.926665, 110.059271, 109.66638, 107.255075 ] }, { "date": "2023-09-22", "close": 108.080002, "volume": 18922, "typical_volume": 28503.95, "trend": 104.021333, "fair_value": 93.929872, "relative_strength": 12.213239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.891644, "energy": 37.003807, "activity_lines": [ 110.301333, 109.698181, 109.660714, 107.554344 ] }, { "date": "2023-09-29", "close": 108.599998, "volume": 23473, "typical_volume": 28616.3, "trend": 104.558, "fair_value": 94.153077, "relative_strength": 12.749741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.14682, "energy": 22.466684, "activity_lines": [ 109.650666, 109.48509, 109.649428, 107.849742 ] }, { "date": "2023-10-06", "close": 109.480003, "volume": 12682, "typical_volume": 28134.7, "trend": 105.178, "fair_value": 94.370256, "relative_strength": 13.736324, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.647627, "energy": 11.620196, "activity_lines": [ 109.269334, 109.481818, 109.671238, 108.16729 ] }, { "date": "2023-10-13", "close": 112.059998, "volume": 33878, "typical_volume": 27225.5, "trend": 105.772, "fair_value": 94.592628, "relative_strength": 14.977118, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.395454, "energy": 23.418315, "activity_lines": [ 110.028, 110.013818, 109.904857, 108.61129 ] }, { "date": "2023-10-20", "close": 107.160004, "volume": 20560, "typical_volume": 24518.2, "trend": 106.199, "fair_value": 94.804231, "relative_strength": 12.405397, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.103347, "energy": 5.697286, "activity_lines": [ 109.184001, 109.610182, 109.64819, 108.700839 ] }, { "date": "2023-10-27", "close": 106.160004, "volume": 22182, "typical_volume": 23722.35, "trend": 106.504334, "fair_value": 95.031859, "relative_strength": 11.462974, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.314104, "energy": 5.717129, "activity_lines": [ 108.212002, 109.000001, 109.305238, 108.698323 ] }, { "date": "2023-11-03", "close": 110.959999, "volume": 29145, "typical_volume": 23727.9, "trend": 107.027, "fair_value": 95.257244, "relative_strength": 12.613682, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.235015, "energy": 10.221302, "activity_lines": [ 108.968001, 109.243274, 109.428762, 108.985785 ] }, { "date": "2023-11-10", "close": 115.559998, "volume": 35397, "typical_volume": 24296.1, "trend": 107.706, "fair_value": 95.513397, "relative_strength": 15.265118, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.921879, "energy": 30.344186, "activity_lines": [ 111.1, 110.273455, 109.992476, 109.536301 ] }, { "date": "2023-11-17", "close": 116.860001, "volume": 53875, "typical_volume": 25774.35, "trend": 108.433333, "fair_value": 95.772244, "relative_strength": 14.220372, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.255815, "energy": 61.648904, "activity_lines": [ 113.26, 111.505819, 110.645714, 110.126882 ] }, { "date": "2023-11-24", "close": 117.279999, "volume": 44878, "typical_volume": 26159.45, "trend": 109.166333, "fair_value": 96.029359, "relative_strength": 13.122269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.692829, "energy": 75.703478, "activity_lines": [ 115.24, 112.735637, 111.312952, 110.697634 ] }, { "date": "2023-12-01", "close": 118.660004, "volume": 32034, "typical_volume": 26568.7, "trend": 109.905, "fair_value": 96.292436, "relative_strength": 13.12162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.587789, "energy": 83.444613, "activity_lines": [ 117.005334, 114.088365, 112.076477, 111.310129 ] }, { "date": "2023-12-08", "close": 120.519997, "volume": 73463, "typical_volume": 28184.0, "trend": 110.657334, "fair_value": 96.574679, "relative_strength": 12.846159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.822758, "energy": 87.691442, "activity_lines": [ 118.557333, 115.586909, 112.980762, 111.994968 ] }, { "date": "2023-12-15", "close": 123.260002, "volume": 53006, "typical_volume": 29671.75, "trend": 111.354, "fair_value": 96.858654, "relative_strength": 13.218194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.186815, "energy": 92.552043, "activity_lines": [ 120.385334, 117.36691, 114.102286, 112.808043 ] }, { "date": "2023-12-22", "close": 122.019997, "volume": 48789, "typical_volume": 31101.0, "trend": 111.851333, "fair_value": 97.130256, "relative_strength": 12.569964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.053472, "energy": 88.87015, "activity_lines": [ 121.286666, 118.670909, 115.057429, 113.496172 ] }, { "date": "2023-12-29", "close": 121.239998, "volume": 24678, "typical_volume": 31415.15, "trend": 112.258, "fair_value": 97.395897, "relative_strength": 11.097297, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.30045, "energy": 84.236433, "activity_lines": [ 121.583999, 119.651999, 115.879143, 114.101892 ] }, { "date": "2024-01-05", "close": 118.160004, "volume": 46350, "typical_volume": 32629.35, "trend": 112.592667, "fair_value": 97.637756, "relative_strength": 8.826107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.106481, "energy": 57.991893, "activity_lines": [ 120.590667, 119.817091, 116.334, 114.482667 ] }, { "date": "2024-01-12", "close": 123.059998, "volume": 24365, "typical_volume": 32816.35, "trend": 112.981333, "fair_value": 97.910128, "relative_strength": 12.198773, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.395556, "energy": 58.320031, "activity_lines": [ 121.264, 120.654909, 117.193333, 115.157978 ] }, { "date": "2024-01-19", "close": 127.459999, "volume": 39692, "typical_volume": 33826.9, "trend": 113.618, "fair_value": 98.197692, "relative_strength": 15.878818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.436114, "energy": 67.115956, "activity_lines": [ 123.234666, 122.072727, 118.401143, 116.092086 ] }, { "date": "2024-01-26", "close": 131.720001, "volume": 93579, "typical_volume": 37291.9, "trend": 114.295333, "fair_value": 98.525705, "relative_strength": 13.406274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.439786, "energy": 81.50486, "activity_lines": [ 126.345333, 124.048727, 119.949048, 117.259957 ] }, { "date": "2024-02-02", "close": 132.520004, "volume": 48858, "typical_volume": 38990.3, "trend": 115.049333, "fair_value": 98.831346, "relative_strength": 12.856156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.337373, "energy": 94.089255, "activity_lines": [ 129.076001, 125.900001, 121.481715, 118.435742 ] }, { "date": "2024-02-09", "close": 137.240005, "volume": 55670, "typical_volume": 40827.7, "trend": 115.923334, "fair_value": 99.156346, "relative_strength": 12.289303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.794716, "energy": 96.795893, "activity_lines": [ 132.628003, 128.332365, 123.35781, 119.867398 ] }, { "date": "2024-02-16", "close": 135.839996, "volume": 44823, "typical_volume": 41895.2, "trend": 116.74, "fair_value": 99.478269, "relative_strength": 9.771008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.71672, "energy": 91.445042, "activity_lines": [ 134.441334, 130.172364, 124.961715, 121.152344 ] }, { "date": "2024-02-23", "close": 136.559998, "volume": 56222, "typical_volume": 44072.2, "trend": 117.521333, "fair_value": 99.828269, "relative_strength": 10.196239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.342, "energy": 85.594821, "activity_lines": [ 135.642667, 131.864727, 126.504476, 122.431054 ] }, { "date": "2024-03-01", "close": 138.880005, "volume": 42248, "typical_volume": 44490.7, "trend": 118.497334, "fair_value": 100.216218, "relative_strength": 11.575797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.779787, "energy": 71.325836, "activity_lines": [ 137.010668, 133.737092, 128.139239, 123.809033 ] }, { "date": "2024-03-08", "close": 138.539993, "volume": 32873, "typical_volume": 45106.35, "trend": 119.588667, "fair_value": 100.580577, "relative_strength": 9.731414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.617871, "energy": 68.161783, "activity_lines": [ 137.787998, 135.241091, 129.613905, 125.102108 ] }, { "date": "2024-03-15", "close": 136.440002, "volume": 31106, "typical_volume": 45552.55, "trend": 120.633333, "fair_value": 100.929808, "relative_strength": 8.934415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.529899, "energy": 64.485523, "activity_lines": [ 137.463999, 136.048727, 130.739143, 126.18929 ] }, { "date": "2024-03-22", "close": 141.199997, "volume": 57055, "typical_volume": 46948.05, "trend": 121.732, "fair_value": 101.302372, "relative_strength": 9.11588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.178782, "energy": 67.200109, "activity_lines": [ 138.779999, 137.389454, 132.173524, 127.516172 ] }, { "date": "2024-03-29", "close": 140.039993, "volume": 20757, "typical_volume": 46216.05, "trend": 122.610666, "fair_value": 101.649872, "relative_strength": 7.125757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.504545, "energy": 61.36978, "activity_lines": [ 139.351997, 138.189453, 133.353428, 128.697333 ] }, { "date": "2024-04-05", "close": 137.800003, "volume": 38930, "typical_volume": 45468.8, "trend": 123.453333, "fair_value": 101.966282, "relative_strength": 5.126017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.337416, "energy": 54.252743, "activity_lines": [ 138.945332, 138.353453, 134.203428, 129.67729 ] }, { "date": "2024-04-12", "close": 140.679993, "volume": 40076, "typical_volume": 45228.7, "trend": 124.468, "fair_value": 102.296346, "relative_strength": 6.509663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.51445, "energy": 55.697733, "activity_lines": [ 139.570663, 138.930543, 135.227999, 130.788687 ] }, { "date": "2024-04-19", "close": 131.600006, "volume": 42303, "typical_volume": 45742.15, "trend": 125.252, "fair_value": 102.573397, "relative_strength": 1.979165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.946939, "energy": 33.362304, "activity_lines": [ 137.026666, 137.708363, 135.27638, 131.248817 ] }, { "date": "2024-04-26", "close": 135.860001, "volume": 39078, "typical_volume": 44022.9, "trend": 126.160667, "fair_value": 102.884743, "relative_strength": 2.211539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.556964, "energy": 25.108292, "activity_lines": [ 136.225334, 137.363272, 135.668857, 131.933204 ] }, { "date": "2024-05-03", "close": 136.300003, "volume": 23265, "typical_volume": 42535.85, "trend": 127.054667, "fair_value": 103.208974, "relative_strength": 1.66218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.60923, "energy": 20.640767, "activity_lines": [ 135.926668, 137.097818, 136.03019, 132.587355 ] }, { "date": "2024-05-10", "close": 138.080002, "volume": 23329, "typical_volume": 41262.85, "trend": 127.922, "fair_value": 103.562115, "relative_strength": 0.096846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.125093, "energy": 21.597778, "activity_lines": [ 136.470669, 137.160728, 136.498952, 133.298667 ] }, { "date": "2024-05-17", "close": 141.039993, "volume": 18948, "typical_volume": 40976.35, "trend": 129.051333, "fair_value": 103.929102, "relative_strength": 1.673764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.985697, "energy": 37.935921, "activity_lines": [ 137.982666, 137.776363, 137.173142, 134.144989 ] }, { "date": "2024-05-24", "close": 145.119995, "volume": 19909, "typical_volume": 39654.3, "trend": 130.35, "fair_value": 104.312692, "relative_strength": 4.139293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.889127, "energy": 59.880812, "activity_lines": [ 140.830664, 139.088362, 138.141618, 135.181677 ] }, { "date": "2024-05-31", "close": 140.779999, "volume": 34602, "typical_volume": 40166.15, "trend": 131.344, "fair_value": 104.665513, "relative_strength": 2.150875, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.472535, "energy": 56.914149, "activity_lines": [ 141.330664, 139.453453, 138.56838, 135.85458 ] }, { "date": "2024-06-07", "close": 148.179993, "volume": 32500, "typical_volume": 39806.55, "trend": 132.431333, "fair_value": 105.053461, "relative_strength": 4.942158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.624119, "energy": 75.972687, "activity_lines": [ 143.969329, 141.171634, 139.615522, 136.940773 ] }, { "date": "2024-06-14", "close": 158.0, "volume": 28577, "typical_volume": 36556.45, "trend": 133.802666, "fair_value": 105.489551, "relative_strength": 12.112261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.446061, "energy": 89.77692, "activity_lines": [ 149.08933, 144.527271, 141.499237, 138.590364 ] }, { "date": "2024-06-21", "close": 158.440002, "volume": 39200, "typical_volume": 36073.55, "trend": 135.174666, "fair_value": 105.918461, "relative_strength": 11.24262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.36021, "energy": 92.552831, "activity_lines": [ 153.027999, 147.595635, 143.299713, 140.17987 ] }, { "date": "2024-06-28", "close": 158.759995, "volume": 37537, "typical_volume": 35166.9, "trend": 136.511332, "fair_value": 106.333397, "relative_strength": 11.245954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.478674, "energy": 91.134405, "activity_lines": [ 155.913331, 150.39927, 145.007236, 141.701504 ] }, { "date": "2024-07-05", "close": 160.979996, "volume": 38633, "typical_volume": 34857.4, "trend": 137.859999, "fair_value": 106.755577, "relative_strength": 11.236702, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.803545, "energy": 90.626554, "activity_lines": [ 158.629331, 153.112725, 146.823712, 143.280128 ] }, { "date": "2024-07-12", "close": 161.779999, "volume": 56362, "typical_volume": 34864.4, "trend": 139.143999, "fair_value": 107.182051, "relative_strength": 10.078605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.961663, "energy": 87.888124, "activity_lines": [ 160.265331, 155.514907, 148.596665, 144.823353 ] }, { "date": "2024-07-19", "close": 153.240005, "volume": 46543, "typical_volume": 35079.15, "trend": 140.184666, "fair_value": 107.536987, "relative_strength": 8.254192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.268338, "energy": 62.040097, "activity_lines": [ 158.148, 155.90109, 149.436189, 145.732773 ] }, { "date": "2024-07-26", "close": 149.199997, "volume": 43724, "typical_volume": 35621.7, "trend": 141.116666, "fair_value": 107.876089, "relative_strength": 5.190963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.363726, "energy": 43.903884, "activity_lines": [ 155.001333, 155.27709, 149.82257, 146.314407 ] }, { "date": "2024-08-02", "close": 142.080002, "volume": 41920, "typical_volume": 36162.4, "trend": 141.913999, "fair_value": 108.155833, "relative_strength": 3.080481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.047726, "energy": 19.260093, "activity_lines": [ 150.097334, 153.210181, 149.480094, 146.376558 ] }, { "date": "2024-08-09", "close": 141.839996, "volume": 90902, "typical_volume": 37854.75, "trend": 142.539999, "fair_value": 108.43673, "relative_strength": 2.107633, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.174697, "energy": 22.635551, "activity_lines": [ 146.225333, 151.154908, 149.087903, 146.371784 ] }, { "date": "2024-08-16", "close": 151.399994, "volume": 43659, "typical_volume": 38999.85, "trend": 143.337999, "fair_value": 108.772243, "relative_strength": 5.992591, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.94084, "energy": 24.722161, "activity_lines": [ 146.815997, 150.818544, 149.603141, 146.943396 ] }, { "date": "2024-08-23", "close": 150.940002, "volume": 38193, "typical_volume": 38963.0, "trend": 143.978666, "fair_value": 109.098012, "relative_strength": 5.096871, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.224698, "energy": 21.002246, "activity_lines": [ 147.945332, 150.339999, 150.020475, 147.433848 ] }, { "date": "2024-08-30", "close": 149.979996, "volume": 41966, "typical_volume": 39057.5, "trend": 144.560665, "fair_value": 109.411987, "relative_strength": 3.143754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.650064, "energy": 10.95854, "activity_lines": [ 148.907998, 149.815271, 150.283808, 147.821031 ] }, { "date": "2024-09-06", "close": 139.639999, "volume": 46580, "typical_volume": 39271.35, "trend": 144.640665, "fair_value": 109.663654, "relative_strength": 0.2526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.258742, "energy": 6.413201, "activity_lines": [ 146.371998, 147.564362, 149.518094, 147.503568 ] }, { "date": "2024-09-13", "close": 149.820007, "volume": 46043, "typical_volume": 39619.6, "trend": 145.106666, "fair_value": 109.983589, "relative_strength": 4.905224, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.229177, "energy": 9.609777, "activity_lines": [ 147.392001, 147.512, 149.683618, 147.837719 ] }, { "date": "2024-09-20", "close": 150.199997, "volume": 37870, "typical_volume": 40349.85, "trend": 145.561332, "fair_value": 110.30282, "relative_strength": 5.165536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.856624, "energy": 14.05742, "activity_lines": [ 148.006667, 147.731636, 149.818856, 148.166321 ] }, { "date": "2024-09-27", "close": 152.279999, "volume": 47276, "typical_volume": 41547.2, "trend": 146.007999, "fair_value": 110.658718, "relative_strength": 4.097967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.322622, "energy": 14.516129, "activity_lines": [ 149.394667, 148.539999, 150.085999, 148.599784 ] }, { "date": "2024-10-04", "close": 154.039993, "volume": 50348, "typical_volume": 43117.2, "trend": 146.524665, "fair_value": 111.016794, "relative_strength": 5.716985, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 44.261898, "energy": 26.065438, "activity_lines": [ 151.279998, 149.685816, 150.453141, 149.117977 ] }, { "date": "2024-10-11", "close": 159.0, "volume": 38809, "typical_volume": 44062.2, "trend": 147.276665, "fair_value": 111.392051, "relative_strength": 8.354124, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.353627, "energy": 50.244138, "activity_lines": [ 154.547998, 151.645453, 151.230761, 149.922837 ] }, { "date": "2024-10-18", "close": 160.940002, "volume": 43462, "typical_volume": 44505.2, "trend": 147.934665, "fair_value": 111.770384, "relative_strength": 10.820227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.223738, "energy": 63.860268, "activity_lines": [ 157.171999, 153.650181, 152.127047, 150.804343 ] }, { "date": "2024-10-25", "close": 162.880005, "volume": 39378, "typical_volume": 44849.1, "trend": 148.695999, "fair_value": 112.149487, "relative_strength": 12.29111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.755694, "energy": 72.326498, "activity_lines": [ 159.701335, 155.660364, 153.112095, 151.768558 ] }, { "date": "2024-11-01", "close": 156.880005, "volume": 51286, "typical_volume": 45984.55, "trend": 149.331999, "fair_value": 112.464487, "relative_strength": 9.664311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.204637, "energy": 66.193535, "activity_lines": [ 159.385336, 156.37091, 153.455714, 152.296559 ] }, { "date": "2024-11-08", "close": 166.380005, "volume": 66015, "typical_volume": 47325.3, "trend": 150.188666, "fair_value": 112.833846, "relative_strength": 17.067619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.005922, "energy": 73.728711, "activity_lines": [ 161.929338, 158.700729, 154.709429, 153.39643 ] }, { "date": "2024-11-15", "close": 165.020004, "volume": 54202, "typical_volume": 48158.55, "trend": 151.302666, "fair_value": 113.170128, "relative_strength": 17.166425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.245617, "energy": 71.484158, "activity_lines": [ 163.197338, 160.485093, 155.795811, 154.353291 ] }, { "date": "2024-11-22", "close": 169.199997, "volume": 73602, "typical_volume": 49907.0, "trend": 152.413999, "fair_value": 113.561282, "relative_strength": 17.231625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.351825, "energy": 71.684416, "activity_lines": [ 165.457335, 162.568002, 157.250477, 155.507957 ] }, { "date": "2024-11-29", "close": 168.059998, "volume": 38791, "typical_volume": 49028.45, "trend": 153.472666, "fair_value": 113.954359, "relative_strength": 15.688195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.151752, "energy": 72.715061, "activity_lines": [ 166.786667, 164.091274, 158.557429, 156.517376 ] }, { "date": "2024-12-06", "close": 173.839996, "volume": 39398, "typical_volume": 48671.2, "trend": 154.664666, "fair_value": 114.354872, "relative_strength": 17.771953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.878584, "energy": 81.687592, "activity_lines": [ 169.697332, 166.340728, 160.384953, 157.831398 ] }, { "date": "2024-12-13", "close": 173.440002, "volume": 35871, "typical_volume": 48278.55, "trend": 155.744666, "fair_value": 114.768718, "relative_strength": 16.729063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.016214, "energy": 84.054762, "activity_lines": [ 171.343999, 168.125455, 162.076286, 159.04271 ] }, { "date": "2024-12-20", "close": 174.039993, "volume": 86141, "typical_volume": 50489.6, "trend": 156.708666, "fair_value": 115.166795, "relative_strength": 18.958169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.55673, "energy": 80.367319, "activity_lines": [ 172.719997, 169.666545, 163.709333, 160.223053 ] }, { "date": "2024-12-27", "close": 174.320007, "volume": 34104, "typical_volume": 47649.7, "trend": 157.826666, "fair_value": 115.563589, "relative_strength": 17.974301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.460341, "energy": 79.642744, "activity_lines": [ 173.588, 170.985091, 165.216858, 161.359269 ] }, { "date": "2025-01-03", "close": 175.160004, "volume": 55624, "typical_volume": 48247.95, "trend": 158.726, "fair_value": 116.004743, "relative_strength": 17.266227, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.150658, "energy": 70.862247, "activity_lines": [ 174.394668, 172.213092, 166.649715, 162.477549 ] }, { "date": "2025-01-10", "close": 171.240005, "volume": 73499, "typical_volume": 50013.25, "trend": 159.167333, "fair_value": 116.433718, "relative_strength": 13.455067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.626918, "energy": 53.78212, "activity_lines": [ 173.421337, 172.505092, 167.596096, 163.284904 ] }, { "date": "2025-01-17", "close": 174.179993, "volume": 89026, "typical_volume": 52366.25, "trend": 159.692, "fair_value": 116.903461, "relative_strength": 12.039477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.3841, "energy": 50.373562, "activity_lines": [ 173.601334, 173.070545, 168.72581, 164.253463 ] }, { "date": "2025-01-24", "close": 175.059998, "volume": 45683, "typical_volume": 52321.4, "trend": 160.235333, "fair_value": 117.389359, "relative_strength": 13.791856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.808995, "energy": 47.737871, "activity_lines": [ 174.025333, 173.654181, 169.824095, 165.244946 ] }, { "date": "2025-01-31", "close": 172.179993, "volume": 93372, "typical_volume": 54687.85, "trend": 160.608666, "fair_value": 117.856089, "relative_strength": 9.102588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.238343, "energy": 35.113954, "activity_lines": [ 173.42133, 173.531635, 170.479428, 166.01557 ] }, { "date": "2025-02-07", "close": 171.940002, "volume": 68715, "typical_volume": 56230.1, "trend": 160.947333, "fair_value": 118.31673, "relative_strength": 8.392171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.872427, "energy": 33.351597, "activity_lines": [ 172.879998, 173.311272, 171.005428, 166.746623 ] }, { "date": "2025-02-14", "close": 174.399994, "volume": 52605, "typical_volume": 56496.55, "trend": 161.652666, "fair_value": 118.815448, "relative_strength": 7.017626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.635173, "energy": 32.793121, "activity_lines": [ 173.37333, 173.467634, 171.66219, 167.614537 ] }, { "date": "2025-02-21", "close": 175.220001, "volume": 85303, "typical_volume": 58244.3, "trend": 162.52, "fair_value": 119.310705, "relative_strength": 8.227995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.215127, "energy": 36.254823, "activity_lines": [ 173.929331, 173.762908, 172.291714, 168.489849 ] }, { "date": "2025-02-28", "close": 163.240005, "volume": 126517, "typical_volume": 62629.7, "trend": 163.225333, "fair_value": 119.73423, "relative_strength": 2.376144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.56512, "energy": 10.742785, "activity_lines": [ 170.422667, 171.847636, 171.679428, 168.536301 ] }, { "date": "2025-03-07", "close": 151.059998, "volume": 179081, "typical_volume": 69410.65, "trend": 163.532666, "fair_value": 120.096923, "relative_strength": -4.216294, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -22.5554, "energy": 29.638357, "activity_lines": [ 163.644, 167.914181, 169.886952, 167.751441 ] }, { "date": "2025-03-14", "close": 149.479996, "volume": 174373, "typical_volume": 76160.4, "trend": 163.468667, "fair_value": 120.417179, "relative_strength": -4.672169, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.226747, "energy": 63.107507, "activity_lines": [ 157.746666, 164.116362, 167.991047, 166.844817 ] }, { "date": "2025-03-21", "close": 150.179993, "volume": 100828, "typical_volume": 78637.5, "trend": 163.443333, "fair_value": 120.722564, "relative_strength": -5.220886, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.850233, "energy": 71.27245, "activity_lines": [ 153.579997, 160.912725, 166.225618, 165.987483 ] }, { "date": "2025-03-28", "close": 145.759995, "volume": 59876, "typical_volume": 78330.55, "trend": 163.302666, "fair_value": 120.998718, "relative_strength": -7.281885, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.652197, "energy": 79.282334, "activity_lines": [ 149.554662, 157.288361, 164.071141, 164.846622 ] }, { "date": "2025-04-04", "close": 129.279999, "volume": 65519, "typical_volume": 78896.4, "trend": 162.957333, "fair_value": 121.18141, "relative_strength": -11.269104, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.718031, "energy": 96.441696, "activity_lines": [ 141.999996, 151.184361, 160.445331, 162.651612 ] }, { "date": "2025-04-11", "close": 131.539993, "volume": 120850, "typical_volume": 81258.8, "trend": 162.347999, "fair_value": 121.3925, "relative_strength": -7.337187, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.325602, "energy": 91.500294, "activity_lines": [ 137.462662, 146.323633, 157.20495, 160.624687 ] }, { "date": "2025-04-18", "close": 129.720001, "volume": 32691, "typical_volume": 80953.8, "trend": 161.665333, "fair_value": 121.606794, "relative_strength": -12.111393, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.030188, "energy": 88.80157, "activity_lines": [ 133.619997, 141.870906, 153.970569, 158.519654 ] }, { "date": "2025-04-25", "close": 138.520004, "volume": 32009, "typical_volume": 80584.35, "trend": 161.206666, "fair_value": 121.868012, "relative_strength": -8.417001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.112695, "energy": 70.093973, "activity_lines": [ 134.028, 139.785817, 151.756856, 157.026407 ] }, { "date": "2025-05-02", "close": 146.0, "volume": 45290, "typical_volume": 81055.3, "trend": 160.938666, "fair_value": 122.199679, "relative_strength": -6.231722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.374044, "energy": 55.925707, "activity_lines": [ 137.706667, 139.71309, 150.423713, 156.045332 ] }, { "date": "2025-05-09", "close": 147.419998, "volume": 42723, "typical_volume": 78884.4, "trend": 160.552666, "fair_value": 122.555064, "relative_strength": -6.283074, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.187749, "energy": 39.438542, "activity_lines": [ 141.842666, 140.429817, 149.356475, 155.17316 ] }, { "date": "2025-05-16", "close": 160.039993, "volume": 55600, "typical_volume": 79959.2, "trend": 160.522666, "fair_value": 123.020833, "relative_strength": -1.201405, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -23.529027, "energy": 23.566499, "activity_lines": [ 148.975998, 143.728725, 149.617903, 155.140084 ] }, { "date": "2025-05-23", "close": 153.059998, "volume": 36725, "typical_volume": 79014.25, "trend": 160.195332, "fair_value": 123.410192, "relative_strength": -4.206544, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.368397, "energy": 27.526243, "activity_lines": [ 151.882664, 145.595271, 149.282569, 154.658622 ] }, { "date": "2025-05-30", "close": 155.5, "volume": 41981, "typical_volume": 77438.35, "trend": 160.149332, "fair_value": 123.818269, "relative_strength": -3.398962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.931405, "energy": 24.27961, "activity_lines": [ 154.046664, 147.840362, 149.284855, 154.355697 ] }, { "date": "2025-06-06", "close": 160.119995, "volume": 37437, "typical_volume": 74858.9, "trend": 159.940665, "fair_value": 124.281282, "relative_strength": -1.405568, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.978562, "energy": 22.379974, "activity_lines": [ 156.618664, 150.828725, 149.802093, 154.353804 ] }, { "date": "2025-06-13", "close": 158.279999, "volume": 17980, "typical_volume": 73473.75, "trend": 159.715998, "fair_value": 124.760961, "relative_strength": -1.761775, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.033068, "energy": 18.505673, "activity_lines": [ 157.635998, 153.221452, 150.211045, 154.246665 ] }, { "date": "2025-06-20", "close": 158.720001, "volume": 21688, "typical_volume": 69889.55, "trend": 159.366665, "fair_value": 125.214487, "relative_strength": 0.002106, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.592908, "energy": 18.899115, "activity_lines": [ 158.075999, 155.166908, 150.741808, 154.182407 ] }, { "date": "2025-06-27", "close": 164.320007, "volume": 24389, "typical_volume": 67673.25, "trend": 159.241999, "fair_value": 125.722179, "relative_strength": 2.147239, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.196275, "energy": 42.809093, "activity_lines": [ 160.470668, 157.636364, 151.869999, 154.501977 ] }, { "date": "2025-07-04", "close": 165.100006, "volume": 28697, "typical_volume": 66477.85, "trend": 158.950666, "fair_value": 126.192243, "relative_strength": 3.847242, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.994549, "energy": 49.152704, "activity_lines": [ 162.37467, 159.618547, 153.108762, 154.879913 ] }, { "date": "2025-07-11", "close": 167.839996, "volume": 21798, "typical_volume": 63302.6, "trend": 158.763999, "fair_value": 126.682564, "relative_strength": 3.950787, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.281783, "energy": 60.653666, "activity_lines": [ 164.552002, 161.615637, 154.652761, 155.453418 ] }, { "date": "2025-07-18", "close": 171.139999, "volume": 26708, "typical_volume": 58312.15, "trend": 158.667332, "fair_value": 127.173846, "relative_strength": 6.894753, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.009901, "energy": 70.987951, "activity_lines": [ 167.314667, 163.815637, 156.54619, 156.25187 ] }, { "date": "2025-07-25", "close": 170.800003, "volume": 17223, "typical_volume": 50219.25, "trend": 158.549999, "fair_value": 127.641859, "relative_strength": 7.163209, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.726179, "energy": 73.238012, "activity_lines": [ 169.106668, 165.522546, 158.369619, 157.034623 ] }, { "date": "2025-08-01", "close": 170.839996, "volume": 36588, "typical_volume": 43330.0, "trend": 158.405999, "fair_value": 128.092756, "relative_strength": 9.296502, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.956585, "energy": 70.980098, "activity_lines": [ 170.106666, 167.041091, 160.102857, 157.827526 ] }, { "date": "2025-08-08", "close": 175.320007, "volume": 26036, "typical_volume": 39590.4, "trend": 158.541999, "fair_value": 128.560705, "relative_strength": 10.909835, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.888141, "energy": 84.906786, "activity_lines": [ 172.165335, 169.050911, 162.161048, 158.918752 ] }, { "date": "2025-08-15", "close": 174.899994, "volume": 18346, "typical_volume": 37513.9, "trend": 158.565999, "fair_value": 129.022371, "relative_strength": 9.765152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.224513, "energy": 86.060239, "activity_lines": [ 173.402666, 170.624, 164.059524, 159.974107 ] }, { "date": "2025-08-22", "close": 172.860001, "volume": 20097, "typical_volume": 35242.8, "trend": 158.492666, "fair_value": 129.492371, "relative_strength": 6.18038, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.188616, "energy": 77.305883, "activity_lines": [ 173.489333, 171.557455, 165.624952, 160.896301 ] }, { "date": "2025-08-29", "close": 172.660004, "volume": 27908, "typical_volume": 30595.7, "trend": 158.508666, "fair_value": 129.990705, "relative_strength": 7.645367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.562849, "energy": 74.504959, "activity_lines": [ 173.394668, 172.189455, 166.96381, 161.810322 ] }, { "date": "2025-09-05", "close": 172.039993, "volume": 35051, "typical_volume": 30713.7, "trend": 158.511999, "fair_value": 130.480961, "relative_strength": 6.638937, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.50663, "energy": 56.389292, "activity_lines": [ 172.969332, 172.455272, 168.047809, 162.683311 ] }, { "date": "2025-09-12", "close": 178.199997, "volume": 43460, "typical_volume": 31286.25, "trend": 158.638666, "fair_value": 131.049935, "relative_strength": 8.872074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.640949, "energy": 61.107787, "activity_lines": [ 174.517331, 173.700726, 169.516952, 163.953505 ] }, { "date": "2025-09-19", "close": 180.820007, "volume": 29373, "typical_volume": 30490.4, "trend": 158.825333, "fair_value": 131.63782, "relative_strength": 7.660594, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.435212, "energy": 64.342042, "activity_lines": [ 176.746667, 175.184364, 171.046667, 165.384559 ] }, { "date": "2025-09-26", "close": 182.320007, "volume": 29386, "typical_volume": 29823.55, "trend": 159.461333, "fair_value": 132.245705, "relative_strength": 7.257431, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.220669, "energy": 71.814027, "activity_lines": [ 179.081336, 176.704729, 172.553429, 166.900344 ] }, { "date": "2025-10-03", "close": 188.5, "volume": 31651, "typical_volume": 28626.1, "trend": 160.709333, "fair_value": 132.892756, "relative_strength": 7.911443, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.915424, "energy": 90.741094, "activity_lines": [ 182.845336, 179.145456, 174.482572, 168.773807 ] }, { "date": "2025-10-10", "close": 186.940002, "volume": 38218, "typical_volume": 28700.75, "trend": 161.958, "fair_value": 133.545897, "relative_strength": 9.122806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.644764, "energy": 86.909871, "activity_lines": [ 185.033336, 180.980729, 176.12762, 170.466108 ] }, { "date": "2025-10-17", "close": 185.139999, "volume": 39600, "typical_volume": 28581.7, "trend": 163.123333, "fair_value": 134.1725, "relative_strength": 6.156741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.240076, "energy": 78.605651, "activity_lines": [ 185.628002, 182.196001, 177.439906, 171.961721 ] }, { "date": "2025-10-24", "close": 190.380005, "volume": 19416, "typical_volume": 27680.65, "trend": 164.610667, "fair_value": 134.811025, "relative_strength": 6.43569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.73424, "energy": 74.530393, "activity_lines": [ 187.506669, 184.185457, 179.110097, 173.720216 ] }, { "date": "2025-10-31", "close": 200.5, "volume": 39872, "typical_volume": 28775.25, "trend": 166.984667, "fair_value": 135.552948, "relative_strength": 12.618075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.163272, "energy": 80.293242, "activity_lines": [ 192.121335, 187.733456, 181.600001, 176.035657 ] }, { "date": "2025-11-07", "close": 187.580002, "volume": 49240, "typical_volume": 30152.85, "trend": 168.852667, "fair_value": 136.17891, "relative_strength": 7.575255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.839525, "energy": 62.093727, "activity_lines": [ 191.217335, 188.42982, 182.658382, 177.364388 ] }, { "date": "2025-11-14", "close": 191.679993, "volume": 33725, "typical_volume": 30619.65, "trend": 170.918, "fair_value": 136.830961, "relative_strength": 9.678367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.74259, "energy": 57.952408, "activity_lines": [ 191.741332, 189.600364, 183.96981, 178.837119 ] }, { "date": "2025-11-21", "close": 182.479996, "volume": 50910, "typical_volume": 31730.3, "trend": 172.383333, "fair_value": 137.420192, "relative_strength": 7.205295, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.185075, "energy": 45.333646, "activity_lines": [ 188.882664, 188.74109, 184.274762, 179.583054 ] }, { "date": "2025-11-28", "close": 189.300003, "volume": 23989, "typical_volume": 31839.85, "trend": 173.826667, "fair_value": 138.054102, "relative_strength": 9.130662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.768304, "energy": 30.419082, "activity_lines": [ 188.474665, 189.044, 185.146477, 180.674452 ] }, { "date": "2025-12-05", "close": 191.779999, "volume": 22829, "typical_volume": 31645.9, "trend": 175.305333, "fair_value": 138.715833, "relative_strength": 9.992793, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.153372, "energy": 32.536941, "activity_lines": [ 188.965332, 189.643636, 186.152191, 181.832731 ] }, { "date": "2025-12-12", "close": 186.800003, "volume": 25715, "typical_volume": 32070.5, "trend": 176.197334, "fair_value": 139.371346, "relative_strength": 7.985389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.915741, "energy": 23.077613, "activity_lines": [ 188.377334, 189.165818, 186.585334, 182.574323 ] }, { "date": "2025-12-19", "close": 186.679993, "volume": 25054, "typical_volume": 31493.8, "trend": 177.318, "fair_value": 140.042307, "relative_strength": 7.357926, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.343583, "energy": 23.954579, "activity_lines": [ 187.801332, 188.69709, 186.930857, 183.250624 ] }, { "date": "2025-12-26", "close": 188.600006, "volume": 8515, "typical_volume": 30617.75, "trend": 178.421334, "fair_value": 140.73, "relative_strength": 8.808242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.889498, "energy": 23.065743, "activity_lines": [ 188.198667, 188.582182, 187.38381, 183.978495 ] }, { "date": "2026-01-02", "close": 187.960007, "volume": 23663, "typical_volume": 30883.6, "trend": 179.349334, "fair_value": 141.408205, "relative_strength": 5.54191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.27419, "energy": 18.692261, "activity_lines": [ 187.97467, 188.288001, 187.712572, 184.593893 ] }, { "date": "2026-01-09", "close": 189.539993, "volume": 28022, "typical_volume": 31279.85, "trend": 180.391334, "fair_value": 142.079871, "relative_strength": 4.218342, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.966411, "energy": 23.934834, "activity_lines": [ 188.366667, 188.325091, 188.129619, 185.251355 ] }, { "date": "2026-01-16", "close": 190.240005, "volume": 25493, "typical_volume": 31159.1, "trend": 181.442001, "fair_value": 142.755448, "relative_strength": 2.344628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.027578, "energy": 26.716963, "activity_lines": [ 189.141335, 188.688728, 188.533905, 185.886753 ] }, { "date": "2026-01-23", "close": 185.699997, "volume": 44975, "typical_volume": 31655.3, "trend": 182.154667, "fair_value": 143.375192, "relative_strength": 1.00032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.56441, "energy": 13.145332, "activity_lines": [ 188.173334, 188.178546, 188.422096, 186.161463 ] }, { "date": "2026-01-30", "close": 183.919998, "volume": 37095, "typical_volume": 31337.05, "trend": 182.782, "fair_value": 143.949359, "relative_strength": -0.087771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.623783, "energy": 6.257086, "activity_lines": [ 186.677332, 187.453455, 188.075714, 186.275355 ] }, { "date": "2026-02-06", "close": 180.259995, "volume": 36075, "typical_volume": 31672.15, "trend": 183.196, "fair_value": 144.511025, "relative_strength": -1.405041, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -2.773684, "energy": 12.067015, "activity_lines": [ 184.273331, 186.036726, 187.353523, 186.112645 ] }, { "date": "2026-02-13", "close": 177.679993, "volume": 36355, "typical_volume": 32020.6, "trend": 183.414, "fair_value": 145.057564, "relative_strength": -2.611001, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.721614, "energy": 39.675142, "activity_lines": [ 181.522663, 184.315271, 186.388285, 185.756774 ] }, { "date": "2026-02-20", "close": 181.679993, "volume": 38091, "typical_volume": 32342.6, "trend": 183.776666, "fair_value": 145.640897, "relative_strength": -2.666142, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.417873, "energy": 43.212215, "activity_lines": [ 180.895994, 183.577451, 185.826093, 185.644902 ] }, { "date": "2026-02-27", "close": 178.419998, "volume": 27208, "typical_volume": 31792.1, "trend": 184.029333, "fair_value": 146.191666, "relative_strength": -5.250652, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.304013, "energy": 53.270471, "activity_lines": [ 179.753329, 182.339997, 184.985903, 185.299311 ] }, { "date": "2026-03-06", "close": 182.539993, "volume": 24501, "typical_volume": 31037.15, "trend": 184.269999, "fair_value": 146.77923, "relative_strength": 1.335737, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.293223, "energy": 37.991264, "activity_lines": [ 180.469328, 182.001814, 184.578664, 185.203224 ] }, { "date": "2026-03-13", "close": 180.520004, "volume": 37683, "typical_volume": 31950.5, "trend": 184.457333, "fair_value": 147.332307, "relative_strength": -2.074087, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.286428, "energy": 22.321676, "activity_lines": [ 180.603998, 181.406542, 183.991427, 184.961289 ] }, { "date": "2026-03-20", "close": 176.259995, "volume": 11534, "typical_volume": 30533.6, "trend": 184.570666, "fair_value": 147.857371, "relative_strength": -0.602499, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.967202, "energy": 38.700414, "activity_lines": [ 179.301331, 180.171997, 183.045426, 184.432429 ] }, { "date": "2026-03-27", "close": 170.720001, "volume": 20754, "typical_volume": 29109.3, "trend": 184.505999, "fair_value": 148.329935, "relative_strength": -3.758586, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.463131, "energy": 52.287859, "activity_lines": [ 176.246665, 178.171634, 181.687236, 183.538837 ] }, { "date": "2026-04-03", "close": 175.800003, "volume": 14804, "typical_volume": 28163.25, "trend": 184.631333, "fair_value": 148.846089, "relative_strength": -2.751213, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.850664, "energy": 52.447175, "activity_lines": [ 175.616, 177.449817, 180.893141, 182.97716 ] }, { "date": "2026-04-10", "close": 183.100006, "volume": 23863, "typical_volume": 26810.9, "trend": 184.794667, "fair_value": 149.409615, "relative_strength": -2.371145, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.660504, "energy": 34.261347, "activity_lines": [ 177.593336, 178.235273, 180.869904, 182.878365 ] }, { "date": "2026-04-17", "close": 196.279999, "volume": 25595, "typical_volume": 26891.2, "trend": 185.31, "fair_value": 150.058589, "relative_strength": 2.862278, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -2.693693, "energy": 6.942445, "activity_lines": [ 183.926668, 181.432, 182.098951, 183.619354 ] }, { "date": "2026-04-24", "close": 202.199997, "volume": 23428, "typical_volume": 26921.15, "trend": 185.972666, "fair_value": 150.74391, "relative_strength": 5.854016, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 40.196429, "energy": 39.037627, "activity_lines": [ 191.182667, 185.413818, 183.85857, 184.709031 ] }, { "date": "2026-05-01", "close": 199.660004, "volume": 16807, "typical_volume": 26475.75, "trend": 186.344666, "fair_value": 151.405192, "relative_strength": 4.826551, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.685433, "energy": 56.273945, "activity_lines": [ 195.862668, 188.488001, 185.326666, 185.592085 ] }, { "date": "2026-05-08", "close": 214.649994, "volume": 20138, "typical_volume": 26229.95, "trend": 187.268332, "fair_value": 152.153269, "relative_strength": 11.767445, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 90.157627, "energy": 91.470348, "activity_lines": [ 203.609999, 193.960727, 188.161142, 187.418235 ] }, { "date": "2026-05-15", "close": 222.0, "volume": 22686, "typical_volume": 26938.5, "trend": 188.496999, "fair_value": 152.920192, "relative_strength": 15.838237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.835088, "energy": 96.382232, "activity_lines": [ 211.217332, 200.111091, 191.562428, 189.658988 ] }, { "date": "2026-05-22", "close": 225.699997, "volume": 23666, "typical_volume": 26938.65, "trend": 189.674332, "fair_value": 153.680448, "relative_strength": 13.304206, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.099253, "energy": 95.176669, "activity_lines": [ 217.464665, 206.216726, 195.157046, 192.059182 ] }, { "date": "2026-05-29", "close": 232.899994, "volume": 15689, "typical_volume": 26322.0, "trend": 190.754332, "fair_value": 154.474423, "relative_strength": 17.392165, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.935751, "energy": 95.754138, "activity_lines": [ 224.150663, 212.809998, 199.257665, 194.847934 ] }, { "date": "2026-06-05", "close": 230.5, "volume": 5322, "typical_volume": 25313.45, "trend": 192.184999, "fair_value": 155.25891, "relative_strength": 14.926509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.444586, "energy": 91.346314, "activity_lines": [ 227.989997, 217.937089, 202.923237, 197.412171 ] }, { "date": "2026-06-12", "close": 227.0, "volume": 8857, "typical_volume": 23507.55, "trend": 193.362332, "fair_value": 155.999935, "relative_strength": 8.569523, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.300146, "energy": 87.17989, "activity_lines": [ 228.606665, 221.340907, 206.063761, 199.6583 ] }, { "date": "2026-06-19", "close": 235.449997, "volume": 1740, "typical_volume": 21739.8, "trend": 195.127999, "fair_value": 156.814615, "relative_strength": 12.438027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.995537, "energy": 86.308462, "activity_lines": [ 231.216665, 225.35018, 209.81238, 202.373633 ] }, { "date": "2026-06-26", "close": 224.75, "volume": 3321, "typical_volume": 20102.1, "trend": 196.309665, "fair_value": 157.541217, "relative_strength": 8.733408, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.66847, "energy": 64.77146, "activity_lines": [ 229.363332, 226.46218, 212.29657, 204.28473 ] }, { "date": "2026-07-03", "close": 228.149994, "volume": 2100, "typical_volume": 18389.35, "trend": 197.521999, "fair_value": 158.29923, "relative_strength": 7.783308, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.184919, "energy": 61.636065, "activity_lines": [ 228.706664, 227.674725, 214.892713, 206.338945 ] }, { "date": "2026-07-10", "close": 231.699997, "volume": 17214, "typical_volume": 17345.5, "trend": 199.018665, "fair_value": 159.07282, "relative_strength": 9.015836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.199484, "energy": 62.423347, "activity_lines": [ 229.549997, 229.060906, 217.586617, 208.543977 ] }, { "date": "2026-07-17", "close": 222.449997, "volume": 12417, "typical_volume": 16605.95, "trend": 200.210999, "fair_value": 159.785063, "relative_strength": 3.758636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.800619, "energy": 46.683764, "activity_lines": [ 227.229997, 228.182725, 219.161379, 210.055676 ] }, { "date": "2026-07-24", "close": 226.300003, "volume": 9754, "typical_volume": 15868.6, "trend": 201.467665, "fair_value": 160.510576, "relative_strength": 5.545345, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.874612, "energy": 43.708813, "activity_lines": [ 226.496665, 227.862726, 220.893141, 211.738837 ] }, { "date": "2026-07-31", "close": 219.399994, "volume": 26173, "typical_volume": 15293.1, "trend": 202.515665, "fair_value": 161.214422, "relative_strength": 1.411532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.992808, "energy": 32.550019, "activity_lines": [ 224.073331, 226.209998, 221.759379, 212.895762 ] }, { "date": "2026-08-07", "close": 237.100006, "volume": 13987, "typical_volume": 15415.75, "trend": 204.100998, "fair_value": 162.056089, "relative_strength": 8.205216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.597041, "energy": 44.505251, "activity_lines": [ 227.906667, 227.889999, 224.126189, 215.127009 ] } ], "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." } } }