{ "ticker": { "uuid": "dc792d55-10e6-4d4d-9db1-6600c6aa72cf", "symbol": "ARRD", "name": "ArcelorMittal S.A.", "exchange": "GER", "country": "DE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 79.016, "architecture_energy": 70.352, "architecture_maturity": 20.175, "architecture_confidence": 90.857, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 14.22, "rotation_up": 72.2, "upward_expansion": 91.87, "deceleration": 41.79, "rotation_down": 16.67, "downward_expansion": 13.87 }, "activity_lines": [ 60.608147, 59.085304, 57.296589, 55.208572 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 63.279999, "trend_reference": 52.637126, "distance_from_trend": 0.202193, "trend_direction": "Improving", "fair_value": 30.423883, "distance_from_fair_value": 1.079945, "fair_value_direction": "Improving", "relative_strength": 31.931251, "relative_strength_direction": "Weakening", "price_momentum": 0.242349, "excess_performance": 0.17771, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.202193, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.158152, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.079945, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.183317, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.319313, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.087561, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.242349, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.747347, "read": "Demand-led" } ], "volume": { "latest": 70604, "relative_activity": 0.544737, "balance": 7.747347, "dry_up": 0.631855, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.063767, "annualized_volatility": 0.431595, "from_high_reference": -0.028384, "from_low_reference": 1.336812 }, "levels": { "trend_reference": 52.637126, "fair_value_reference": 30.423883, "structural_low": 39.786218, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.038901, "positive_rate": 0.608696, "directional_follow_through": 0.608696, "median_excess_return": 0.036027, "regime_survival": 0.652174, "best_return": 0.210439, "worst_return": -0.221884, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.147766, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": 0.126809, "regime_survival": 0.4, "best_return": 0.291988, "worst_return": -0.120276, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.060422, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.041954, "regime_survival": 0.285714, "best_return": 0.514236, "worst_return": -0.235819, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.013993, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.063192, "regime_survival": 0.25, "best_return": 0.943284, "worst_return": -0.143783, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-22", "end": "2024-01-26", "tenure": "Developing", "return": -0.028692, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-02", "end": "2024-03-08", "tenure": "Developing", "return": -0.072111, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-15", "end": "2024-06-14", "tenure": "Established", "return": -0.088799, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-06-21", "end": "2024-10-11", "tenure": "Established", "return": 0.030482, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-29", "tenure": "Developing", "return": 0.072518, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": -0.077433, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": 0.234234, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-04", "tenure": "Developing", "return": -0.16538, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-07-11", "tenure": "Established", "return": 0.29042, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-03-20", "tenure": "Extended", "return": 0.515819, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.158402, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-10", "tenure": "Developing", "return": 0.177553, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-07-24", "tenure": "New", "return": 0.017253, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.042523, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 22.4403, "volume": 144549, "typical_volume": 143879.0, "trend": 24.455777, "fair_value": 22.477499, "relative_strength": -10.059625, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.330423, "energy": 28.368654, "activity_lines": [ 23.258348, 23.383308, 23.467999, 23.805488 ] }, { "date": "2023-08-25", "close": 22.81888, "volume": 116351, "typical_volume": 145095.9, "trend": 24.297466, "fair_value": 22.562445, "relative_strength": -8.61781, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.084648, "energy": 40.210111, "activity_lines": [ 23.038456, 23.262593, 23.393069, 23.699882 ] }, { "date": "2023-09-01", "close": 23.784256, "volume": 79283, "typical_volume": 143246.15, "trend": 24.19791, "fair_value": 22.652064, "relative_strength": -5.813682, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.425228, "energy": 32.024034, "activity_lines": [ 23.188941, 23.344847, 23.416147, 23.666771 ] }, { "date": "2023-09-08", "close": 22.861471, "volume": 61673, "typical_volume": 139476.0, "trend": 24.112151, "fair_value": 22.735123, "relative_strength": -8.682205, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.992569, "energy": 37.016353, "activity_lines": [ 23.069689, 23.248998, 23.358281, 23.58055 ] }, { "date": "2023-09-15", "close": 23.088617, "volume": 138364, "typical_volume": 134981.95, "trend": 23.996912, "fair_value": 22.815142, "relative_strength": -8.460125, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.407564, "energy": 24.310827, "activity_lines": [ 23.087986, 23.208731, 23.328985, 23.514515 ] }, { "date": "2023-09-22", "close": 22.038063, "volume": 51431, "typical_volume": 126690.35, "trend": 23.86135, "fair_value": 22.89601, "relative_strength": -10.529573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -63.4017, "energy": 33.655742, "activity_lines": [ 22.767773, 22.969968, 23.204417, 23.388138 ] }, { "date": "2023-09-29", "close": 22.43557, "volume": 37699, "typical_volume": 119333.35, "trend": 23.659776, "fair_value": 22.971643, "relative_strength": -7.744837, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.34422, "energy": 42.418006, "activity_lines": [ 22.606877, 22.831271, 23.122758, 23.296152 ] }, { "date": "2023-10-06", "close": 21.645285, "volume": 60195, "typical_volume": 117172.45, "trend": 23.491423, "fair_value": 23.039404, "relative_strength": -9.870259, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.354991, "energy": 57.70598, "activity_lines": [ 22.208107, 22.569104, 22.967383, 23.166185 ] }, { "date": "2023-10-13", "close": 20.495352, "volume": 86413, "typical_volume": 115945.25, "trend": 23.392142, "fair_value": 23.098749, "relative_strength": -14.121635, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.097044, "energy": 75.982538, "activity_lines": [ 21.568624, 22.147075, 22.709679, 22.97289 ] }, { "date": "2023-10-20", "close": 19.364342, "volume": 98285, "typical_volume": 116006.3, "trend": 23.225144, "fair_value": 23.149529, "relative_strength": -16.310459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.935709, "energy": 84.33841, "activity_lines": [ 20.709878, 21.579292, 22.355977, 22.713032 ] }, { "date": "2023-10-27", "close": 19.979534, "volume": 137105, "typical_volume": 115389.65, "trend": 23.020808, "fair_value": 23.20943, "relative_strength": -12.75599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.925663, "energy": 83.646718, "activity_lines": [ 20.304482, 21.194259, 22.08038, 22.503638 ] }, { "date": "2023-11-03", "close": 20.495352, "volume": 171789, "typical_volume": 115990.95, "trend": 22.90089, "fair_value": 23.266779, "relative_strength": -13.149699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.940305, "energy": 78.8568, "activity_lines": [ 20.208261, 20.947752, 21.873559, 22.340705 ] }, { "date": "2023-11-10", "close": 19.586758, "volume": 139463, "typical_volume": 115458.7, "trend": 22.712384, "fair_value": 23.312974, "relative_strength": -16.803257, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.747717, "energy": 75.820492, "activity_lines": [ 19.938522, 20.578293, 21.598458, 22.12689 ] }, { "date": "2023-11-17", "close": 20.954723, "volume": 180998, "typical_volume": 118741.65, "trend": 22.600274, "fair_value": 23.366106, "relative_strength": -14.486783, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.641685, "energy": 47.867205, "activity_lines": [ 20.262008, 20.533873, 21.470923, 22.013492 ] }, { "date": "2023-11-24", "close": 21.389984, "volume": 124003, "typical_volume": 117558.8, "trend": 22.510178, "fair_value": 23.413635, "relative_strength": -12.967785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.472529, "energy": 32.822141, "activity_lines": [ 20.699955, 20.603259, 21.397662, 21.935409 ] }, { "date": "2023-12-01", "close": 22.456614, "volume": 167745, "typical_volume": 117733.75, "trend": 22.488778, "fair_value": 23.454981, "relative_strength": -10.351822, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.283404, "energy": 17.135048, "activity_lines": [ 21.358403, 20.897462, 21.432113, 21.931954 ] }, { "date": "2023-12-08", "close": 22.748383, "volume": 133982, "typical_volume": 119627.55, "trend": 22.488361, "fair_value": 23.499478, "relative_strength": -10.765389, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.238051, "energy": 20.402244, "activity_lines": [ 21.948968, 21.237105, 21.499638, 21.948702 ] }, { "date": "2023-12-15", "close": 23.877192, "volume": 266009, "typical_volume": 122163.6, "trend": 22.512438, "fair_value": 23.541818, "relative_strength": -6.057498, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.917628, "energy": 37.903644, "activity_lines": [ 22.765602, 21.776297, 21.678473, 22.038304 ] }, { "date": "2023-12-22", "close": 25.006002, "volume": 356876, "typical_volume": 133425.8, "trend": 22.580768, "fair_value": 23.589117, "relative_strength": -1.113717, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.221927, "energy": 59.611205, "activity_lines": [ 23.672476, 22.480148, 21.967077, 22.199179 ] }, { "date": "2023-12-29", "close": 24.781197, "volume": 64184, "typical_volume": 130819.85, "trend": 22.624726, "fair_value": 23.636243, "relative_strength": -2.03251, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.090342, "energy": 69.632389, "activity_lines": [ 24.23433, 23.061113, 22.228474, 22.341142 ] }, { "date": "2024-01-05", "close": 24.302889, "volume": 99732, "typical_volume": 128579.0, "trend": 22.631287, "fair_value": 23.67293, "relative_strength": -2.682567, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.43493, "energy": 67.229168, "activity_lines": [ 24.410667, 23.456625, 22.437093, 22.449411 ] }, { "date": "2024-01-12", "close": 23.322353, "volume": 94386, "typical_volume": 127480.75, "trend": 22.59775, "fair_value": 23.706924, "relative_strength": -6.778201, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.845172, "energy": 62.560616, "activity_lines": [ 24.137074, 23.595251, 22.543458, 22.493996 ] }, { "date": "2024-01-19", "close": 23.174078, "volume": 83539, "typical_volume": 127693.55, "trend": 22.596339, "fair_value": 23.745979, "relative_strength": -6.091249, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.778564, "energy": 34.846887, "activity_lines": [ 23.775791, 23.655518, 22.633304, 22.531178 ] }, { "date": "2024-01-26", "close": 24.288538, "volume": 110301, "typical_volume": 130124.95, "trend": 22.617723, "fair_value": 23.795488, "relative_strength": -3.44966, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 55.911486, "energy": 37.29013, "activity_lines": [ 23.832869, 23.85319, 22.832194, 22.640352 ] }, { "date": "2024-02-02", "close": 24.542044, "volume": 170052, "typical_volume": 131709.35, "trend": 22.679894, "fair_value": 23.843652, "relative_strength": -1.837637, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.002592, "energy": 38.573877, "activity_lines": [ 24.02228, 24.036339, 23.048432, 22.764502 ] }, { "date": "2024-02-09", "close": 25.350384, "volume": 191443, "typical_volume": 138709.95, "trend": 22.739355, "fair_value": 23.896234, "relative_strength": 1.562401, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.971564, "energy": 57.735866, "activity_lines": [ 24.497081, 24.309149, 23.334734, 22.936792 ] }, { "date": "2024-02-16", "close": 24.532476, "volume": 155115, "typical_volume": 144580.75, "trend": 22.772182, "fair_value": 23.937234, "relative_strength": -2.452744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.925145, "energy": 64.706053, "activity_lines": [ 24.629413, 24.380635, 23.527368, 23.052477 ] }, { "date": "2024-02-23", "close": 23.212343, "volume": 138279, "typical_volume": 148484.95, "trend": 22.734189, "fair_value": 23.972589, "relative_strength": -8.843628, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.458867, "energy": 40.814665, "activity_lines": [ 24.241026, 24.179658, 23.584288, 23.080875 ] }, { "date": "2024-03-01", "close": 22.982756, "volume": 53421, "typical_volume": 146835.35, "trend": 22.707315, "fair_value": 24.002551, "relative_strength": -10.726728, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.54576, "energy": 23.598954, "activity_lines": [ 23.773559, 23.949026, 23.611882, 23.096911 ] }, { "date": "2024-03-08", "close": 22.772297, "volume": 101649, "typical_volume": 147003.55, "trend": 22.690934, "fair_value": 24.017335, "relative_strength": -11.408114, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 18.366831, "energy": 20.142376, "activity_lines": [ 23.322992, 23.716916, 23.607586, 23.101104 ] }, { "date": "2024-03-15", "close": 23.202774, "volume": 93498, "typical_volume": 144823.2, "trend": 22.71635, "fair_value": 24.030593, "relative_strength": -9.993146, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.088149, "energy": 20.768934, "activity_lines": [ 23.133899, 23.599599, 23.628061, 23.134125 ] }, { "date": "2024-03-22", "close": 23.858059, "volume": 50088, "typical_volume": 138738.15, "trend": 22.75099, "fair_value": 24.043297, "relative_strength": -8.429079, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 16.444788, "energy": 18.580849, "activity_lines": [ 23.306409, 23.621427, 23.695594, 23.207784 ] }, { "date": "2024-03-29", "close": 24.417679, "volume": 46679, "typical_volume": 134098.95, "trend": 22.772104, "fair_value": 24.056712, "relative_strength": -7.297145, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.206133, "energy": 16.874318, "activity_lines": [ 23.71042, 23.735264, 23.800412, 23.315312 ] }, { "date": "2024-04-05", "close": 24.20244, "volume": 33005, "typical_volume": 126699.3, "trend": 22.816803, "fair_value": 24.068337, "relative_strength": -6.239775, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.902405, "energy": 27.954264, "activity_lines": [ 23.962329, 23.787356, 23.861726, 23.407592 ] }, { "date": "2024-04-12", "close": 24.604221, "volume": 43116, "typical_volume": 122654.95, "trend": 22.867323, "fair_value": 24.077841, "relative_strength": -3.087609, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.084941, "energy": 47.953809, "activity_lines": [ 24.266853, 23.914064, 23.94584, 23.52291 ] }, { "date": "2024-04-19", "close": 22.83448, "volume": 111822, "typical_volume": 119858.8, "trend": 22.89387, "fair_value": 24.077292, "relative_strength": -8.777802, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.578934, "energy": 17.693664, "activity_lines": [ 23.859335, 23.717871, 23.846102, 23.520791 ] }, { "date": "2024-04-26", "close": 22.729252, "volume": 60948, "typical_volume": 116207.1, "trend": 22.903659, "fair_value": 24.080353, "relative_strength": -10.999083, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.345238, "energy": 5.69472, "activity_lines": [ 23.441293, 23.548289, 23.734542, 23.51017 ] }, { "date": "2024-05-03", "close": 23.36062, "volume": 61651, "typical_volume": 105989.2, "trend": 22.960837, "fair_value": 24.071525, "relative_strength": -7.527762, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.361804, "energy": 13.733367, "activity_lines": [ 23.308962, 23.526287, 23.683204, 23.539651 ] }, { "date": "2024-05-10", "close": 22.882309, "volume": 38550, "typical_volume": 90072.9, "trend": 23.040402, "fair_value": 24.062155, "relative_strength": -12.890117, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.405884, "energy": 16.955525, "activity_lines": [ 23.087664, 23.414624, 23.588772, 23.534585 ] }, { "date": "2024-05-17", "close": 23.452883, "volume": 27677, "typical_volume": 88247.55, "trend": 23.176687, "fair_value": 24.063251, "relative_strength": -10.182986, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.632605, "energy": 23.939212, "activity_lines": [ 23.144566, 23.408527, 23.558793, 23.561197 ] }, { "date": "2024-05-24", "close": 22.99852, "volume": 18168, "typical_volume": 84169.35, "trend": 23.27732, "fair_value": 24.054978, "relative_strength": -11.620317, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.232802, "energy": 24.522729, "activity_lines": [ 23.12677, 23.307445, 23.491867, 23.549702 ] }, { "date": "2024-05-31", "close": 23.365875, "volume": 11728, "typical_volume": 80036.45, "trend": 23.373004, "fair_value": 24.045684, "relative_strength": -9.010399, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.237496, "energy": 13.423685, "activity_lines": [ 23.220489, 23.276869, 23.466138, 23.555415 ] }, { "date": "2024-06-07", "close": 22.602158, "volume": 36093, "typical_volume": 77664.15, "trend": 23.473517, "fair_value": 24.028815, "relative_strength": -11.90777, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.707976, "energy": 18.575727, "activity_lines": [ 23.017195, 23.116383, 23.367468, 23.505683 ] }, { "date": "2024-06-14", "close": 21.142397, "volume": 23994, "typical_volume": 73348.8, "trend": 23.479773, "fair_value": 24.022112, "relative_strength": -14.684362, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -78.127583, "energy": 63.20897, "activity_lines": [ 22.377878, 22.723496, 23.132495, 23.355288 ] }, { "date": "2024-06-21", "close": 21.248737, "volume": 9017, "typical_volume": 65297.05, "trend": 23.475065, "fair_value": 24.002937, "relative_strength": -14.663873, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.864103, "energy": 72.291685, "activity_lines": [ 21.890001, 22.405581, 22.922632, 23.211351 ] }, { "date": "2024-06-28", "close": 20.707367, "volume": 10869, "typical_volume": 56268.35, "trend": 23.416757, "fair_value": 23.97878, "relative_strength": -16.782188, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.866612, "energy": 80.582237, "activity_lines": [ 21.368611, 22.050243, 22.676893, 23.032789 ] }, { "date": "2024-07-05", "close": 20.784704, "volume": 13092, "typical_volume": 49167.2, "trend": 23.351301, "fair_value": 23.956571, "relative_strength": -17.173178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.877502, "energy": 80.795001, "activity_lines": [ 21.025743, 21.747642, 22.460628, 22.86298 ] }, { "date": "2024-07-12", "close": 20.794373, "volume": 11163, "typical_volume": 42811.4, "trend": 23.24854, "fair_value": 23.939134, "relative_strength": -17.928553, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.870721, "energy": 77.13485, "activity_lines": [ 20.858177, 21.482154, 22.263131, 22.698017 ] }, { "date": "2024-07-19", "close": 20.040325, "volume": 23287, "typical_volume": 41304.7, "trend": 23.083018, "fair_value": 23.906288, "relative_strength": -17.984717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.610706, "energy": 82.280768, "activity_lines": [ 20.55978, 21.126225, 22.005334, 22.491035 ] }, { "date": "2024-07-26", "close": 20.078993, "volume": 53077, "typical_volume": 38876.1, "trend": 22.926277, "fair_value": 23.860683, "relative_strength": -18.469485, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.157023, "energy": 76.425139, "activity_lines": [ 20.347744, 20.829, 21.765231, 22.297227 ] }, { "date": "2024-08-02", "close": 18.75457, "volume": 35565, "typical_volume": 35979.45, "trend": 22.741333, "fair_value": 23.806411, "relative_strength": -20.092645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.081224, "energy": 85.452902, "activity_lines": [ 19.772216, 20.352313, 21.411818, 22.028084 ] }, { "date": "2024-08-09", "close": 19.450619, "volume": 40423, "typical_volume": 35496.2, "trend": 22.612276, "fair_value": 23.748662, "relative_strength": -16.968458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.976346, "energy": 76.986025, "activity_lines": [ 19.558892, 20.079344, 21.145877, 21.81578 ] }, { "date": "2024-08-16", "close": 19.595627, "volume": 14769, "typical_volume": 33900.7, "trend": 22.492994, "fair_value": 23.707276, "relative_strength": -18.646976, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.748086, "energy": 63.079079, "activity_lines": [ 19.482842, 19.903926, 20.914734, 21.621158 ] }, { "date": "2024-08-23", "close": 20.214336, "volume": 14997, "typical_volume": 33000.3, "trend": 22.357187, "fair_value": 23.662806, "relative_strength": -17.022637, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.042351, "energy": 54.938326, "activity_lines": [ 19.692945, 19.895666, 20.765478, 21.474148 ] }, { "date": "2024-08-30", "close": 20.417349, "volume": 16930, "typical_volume": 31691.0, "trend": 22.219697, "fair_value": 23.626333, "relative_strength": -16.887668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.330193, "energy": 39.731208, "activity_lines": [ 19.959119, 19.94119, 20.654548, 21.348997 ] }, { "date": "2024-09-06", "close": 19.286274, "volume": 18674, "typical_volume": 27033.6, "trend": 22.01756, "fair_value": 23.584149, "relative_strength": -18.41525, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.309519, "energy": 41.034279, "activity_lines": [ 19.82571, 19.79618, 20.455833, 21.159744 ] }, { "date": "2024-09-13", "close": 19.866312, "volume": 23263, "typical_volume": 25149.35, "trend": 21.862022, "fair_value": 23.550276, "relative_strength": -17.267246, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.152301, "energy": 33.101693, "activity_lines": [ 19.8502, 19.78247, 20.329257, 21.020953 ] }, { "date": "2024-09-20", "close": 20.697701, "volume": 28724, "typical_volume": 23503.0, "trend": 21.7782, "fair_value": 23.52982, "relative_strength": -13.497055, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.664328, "energy": 25.511789, "activity_lines": [ 20.124107, 19.93662, 20.295493, 20.945836 ] }, { "date": "2024-09-27", "close": 22.650496, "volume": 33964, "typical_volume": 23273.7, "trend": 21.767125, "fair_value": 23.525941, "relative_strength": -8.593419, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.242726, "energy": 10.590357, "activity_lines": [ 20.975474, 20.447581, 20.460391, 21.002113 ] }, { "date": "2024-10-04", "close": 22.573158, "volume": 15348, "typical_volume": 22657.25, "trend": 21.760487, "fair_value": 23.521595, "relative_strength": -6.886491, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.485645, "energy": 29.018926, "activity_lines": [ 21.638652, 20.897023, 20.619027, 21.054115 ] }, { "date": "2024-10-11", "close": 21.896444, "volume": 17975, "typical_volume": 22647.6, "trend": 21.716943, "fair_value": 23.498188, "relative_strength": -10.559368, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 19.414394, "energy": 35.317606, "activity_lines": [ 21.932537, 21.178077, 20.717403, 21.062887 ] }, { "date": "2024-10-18", "close": 21.722435, "volume": 17855, "typical_volume": 22953.95, "trend": 21.645755, "fair_value": 23.476183, "relative_strength": -12.278339, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.71166, "energy": 40.78804, "activity_lines": [ 21.994408, 21.370369, 20.804455, 21.063241 ] }, { "date": "2024-10-25", "close": 21.529089, "volume": 5949, "typical_volume": 21446.75, "trend": 21.549469, "fair_value": 23.440111, "relative_strength": -11.851484, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.935295, "energy": 42.586208, "activity_lines": [ 21.868089, 21.486201, 20.880919, 21.055714 ] }, { "date": "2024-11-01", "close": 21.954449, "volume": 11724, "typical_volume": 20833.25, "trend": 21.474536, "fair_value": 23.414943, "relative_strength": -8.843811, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.821219, "energy": 23.202126, "activity_lines": [ 21.82813, 21.644217, 21.003003, 21.081842 ] }, { "date": "2024-11-08", "close": 23.346542, "volume": 33180, "typical_volume": 22041.4, "trend": 21.432613, "fair_value": 23.40089, "relative_strength": -2.758831, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.43612, "energy": 38.115536, "activity_lines": [ 22.298606, 22.023703, 21.2538, 21.202617 ] }, { "date": "2024-11-15", "close": 23.444227, "volume": 36969, "typical_volume": 23346.4, "trend": 21.452938, "fair_value": 23.394337, "relative_strength": -2.183763, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.887728, "energy": 49.748939, "activity_lines": [ 22.750084, 22.367691, 21.503912, 21.332398 ] }, { "date": "2024-11-22", "close": 23.444227, "volume": 9765, "typical_volume": 23180.05, "trend": 21.476771, "fair_value": 23.401233, "relative_strength": -2.567737, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.867224, "energy": 62.643823, "activity_lines": [ 23.098377, 22.636081, 21.74099, 21.460868 ] }, { "date": "2024-11-29", "close": 23.297701, "volume": 17692, "typical_volume": 23506.5, "trend": 21.474673, "fair_value": 23.40491, "relative_strength": -4.406368, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.626388, "energy": 72.347343, "activity_lines": [ 23.283042, 22.812776, 21.95145, 21.578348 ] }, { "date": "2024-12-06", "close": 23.590752, "volume": 19485, "typical_volume": 23316.4, "trend": 21.498288, "fair_value": 23.403295, "relative_strength": -6.514381, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.367619, "energy": 71.71425, "activity_lines": [ 23.447483, 22.995481, 22.177898, 21.714869 ] }, { "date": "2024-12-13", "close": 23.16094, "volume": 24833, "typical_volume": 21904.2, "trend": 21.488557, "fair_value": 23.381802, "relative_strength": -7.89804, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.765613, "energy": 52.024101, "activity_lines": [ 23.359566, 23.082942, 22.346505, 21.822137 ] }, { "date": "2024-12-20", "close": 21.764057, "volume": 16734, "typical_volume": 20962.65, "trend": 21.447408, "fair_value": 23.353191, "relative_strength": -10.623435, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.00556, "energy": 28.967318, "activity_lines": [ 22.818395, 22.905738, 22.3674, 21.839911 ] }, { "date": "2024-12-27", "close": 21.685909, "volume": 12815, "typical_volume": 19582.25, "trend": 21.391409, "fair_value": 23.32319, "relative_strength": -10.836137, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.1205, "energy": 20.348348, "activity_lines": [ 22.363187, 22.716732, 22.366521, 21.855298 ] }, { "date": "2025-01-03", "close": 20.963045, "volume": 36057, "typical_volume": 20646.65, "trend": 21.336772, "fair_value": 23.277002, "relative_strength": -12.903243, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.295082, "energy": 19.364244, "activity_lines": [ 21.784244, 22.39696, 22.286154, 21.827662 ] }, { "date": "2025-01-10", "close": 21.119341, "volume": 58700, "typical_volume": 22831.8, "trend": 21.336003, "fair_value": 23.219847, "relative_strength": -13.108215, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.302099, "energy": 26.236655, "activity_lines": [ 21.413044, 22.115898, 22.214161, 21.813634 ] }, { "date": "2025-01-17", "close": 22.184097, "volume": 44715, "typical_volume": 24221.05, "trend": 21.367182, "fair_value": 23.190995, "relative_strength": -11.253633, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.978858, "energy": 19.983321, "activity_lines": [ 21.561524, 22.043611, 22.239263, 21.86835 ] }, { "date": "2025-01-24", "close": 23.151175, "volume": 38318, "typical_volume": 25203.25, "trend": 21.448642, "fair_value": 23.187659, "relative_strength": -9.000632, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.707787, "energy": 16.798706, "activity_lines": [ 22.097486, 22.168292, 22.348055, 21.983446 ] }, { "date": "2025-01-31", "close": 23.600521, "volume": 15546, "typical_volume": 24817.4, "trend": 21.542503, "fair_value": 23.178138, "relative_strength": -8.131672, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.652441, "energy": 30.962338, "activity_lines": [ 22.690755, 22.38, 22.481237, 22.122277 ] }, { "date": "2025-02-07", "close": 26.765491, "volume": 316690, "typical_volume": 39215.7, "trend": 21.74154, "fair_value": 23.18298, "relative_strength": 4.382721, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 84.967868, "energy": 78.124837, "activity_lines": [ 24.211373, 23.164316, 22.898064, 22.459244 ] }, { "date": "2025-02-14", "close": 26.579889, "volume": 232907, "typical_volume": 49162.85, "trend": 21.959526, "fair_value": 23.194187, "relative_strength": 0.729919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.55088, "energy": 89.02036, "activity_lines": [ 25.283295, 23.851835, 23.268319, 22.771395 ] }, { "date": "2025-02-21", "close": 26.433365, "volume": 97723, "typical_volume": 53281.6, "trend": 22.171338, "fair_value": 23.201403, "relative_strength": 1.43369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.746824, "energy": 88.852858, "activity_lines": [ 25.942338, 24.458366, 23.605909, 23.06003 ] }, { "date": "2025-02-28", "close": 26.814335, "volume": 163709, "typical_volume": 60568.3, "trend": 22.439997, "fair_value": 23.215119, "relative_strength": 1.870688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.318808, "energy": 89.913735, "activity_lines": [ 26.445087, 25.074665, 23.961399, 23.359578 ] }, { "date": "2025-03-07", "close": 29.783936, "volume": 611905, "typical_volume": 90270.8, "trend": 22.784441, "fair_value": 23.241888, "relative_strength": 10.873111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.452683, "energy": 94.639258, "activity_lines": [ 27.693492, 26.139069, 24.57629, 23.833381 ] }, { "date": "2025-03-14", "close": 28.924314, "volume": 446752, "typical_volume": 112310.95, "trend": 23.095397, "fair_value": 23.259294, "relative_strength": 7.839403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.492315, "energy": 82.514836, "activity_lines": [ 28.243129, 26.899941, 25.070925, 24.229502 ] }, { "date": "2025-03-21", "close": 28.484734, "volume": 320103, "typical_volume": 127729.9, "trend": 23.371077, "fair_value": 23.257174, "relative_strength": 6.758238, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.180406, "energy": 69.951961, "activity_lines": [ 28.502318, 27.436138, 25.488479, 24.577201 ] }, { "date": "2025-03-28", "close": 26.169619, "volume": 351293, "typical_volume": 143635.55, "trend": 23.562819, "fair_value": 23.248509, "relative_strength": 0.216576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.563037, "energy": 55.527155, "activity_lines": [ 27.862812, 27.41749, 25.654449, 24.757752 ] }, { "date": "2025-04-04", "close": 22.184097, "volume": 524196, "typical_volume": 167996.9, "trend": 23.659413, "fair_value": 23.22348, "relative_strength": -7.161802, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.362202, "energy": 14.800495, "activity_lines": [ 25.912382, 26.601737, 25.427403, 24.668802 ] }, { "date": "2025-04-11", "close": 22.506458, "volume": 1009570, "typical_volume": 217987.15, "trend": 23.747418, "fair_value": 23.186741, "relative_strength": -4.149549, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.778631, "energy": 19.41308, "activity_lines": [ 24.378088, 25.862178, 25.237058, 24.594418 ] }, { "date": "2025-04-18", "close": 23.278162, "volume": 235717, "typical_volume": 228888.4, "trend": 23.833434, "fair_value": 23.160429, "relative_strength": -4.449112, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.016056, "energy": 26.477635, "activity_lines": [ 23.586194, 25.282822, 25.124675, 24.564143 ] }, { "date": "2025-04-25", "close": 25.358837, "volume": 301176, "typical_volume": 242972.95, "trend": 23.923712, "fair_value": 23.156521, "relative_strength": -0.574111, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -12.182065, "energy": 25.364079, "activity_lines": [ 23.864268, 25.145176, 25.210544, 24.662557 ] }, { "date": "2025-05-02", "close": 26.462671, "volume": 369458, "typical_volume": 260204.2, "trend": 24.053362, "fair_value": 23.170205, "relative_strength": 0.21439, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.832791, "energy": 16.513104, "activity_lines": [ 24.71868, 25.230427, 25.39312, 24.82636 ] }, { "date": "2025-05-09", "close": 26.042625, "volume": 159677, "typical_volume": 267351.35, "trend": 24.191568, "fair_value": 23.178314, "relative_strength": -2.927617, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.439448, "energy": 17.408821, "activity_lines": [ 25.41354, 25.238774, 25.51997, 24.9547 ] }, { "date": "2025-05-16", "close": 26.961248, "volume": 197138, "typical_volume": 276567.5, "trend": 24.366195, "fair_value": 23.186599, "relative_strength": -0.436758, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.378521, "energy": 30.615999, "activity_lines": [ 26.157373, 25.428175, 25.713934, 25.133389 ] }, { "date": "2025-05-23", "close": 26.093124, "volume": 141651, "typical_volume": 281847.2, "trend": 24.51833, "fair_value": 23.17062, "relative_strength": -2.873827, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.040007, "energy": 28.410783, "activity_lines": [ 26.314844, 25.511056, 25.800098, 25.244804 ] }, { "date": "2025-05-30", "close": 26.359478, "volume": 163915, "typical_volume": 287107.95, "trend": 24.665164, "fair_value": 23.15755, "relative_strength": -3.116643, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.563002, "energy": 32.722655, "activity_lines": [ 26.373437, 25.693842, 25.8872, 25.363588 ] }, { "date": "2025-06-06", "close": 26.201637, "volume": 197576, "typical_volume": 294751.0, "trend": 24.760334, "fair_value": 23.162138, "relative_strength": -4.686962, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.001973, "energy": 30.580227, "activity_lines": [ 26.312706, 25.88657, 25.934317, 25.462715 ] }, { "date": "2025-06-13", "close": 25.718248, "volume": 116594, "typical_volume": 298664.8, "trend": 24.836134, "fair_value": 23.178029, "relative_strength": -3.17653, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.171809, "energy": 21.251974, "activity_lines": [ 26.108248, 25.990827, 25.916266, 25.524516 ] }, { "date": "2025-06-20", "close": 25.777437, "volume": 101367, "typical_volume": 302955.85, "trend": 24.913908, "fair_value": 23.207738, "relative_strength": -2.155299, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.425015, "energy": 14.905037, "activity_lines": [ 25.945145, 26.041589, 25.891628, 25.585245 ] }, { "date": "2025-06-27", "close": 26.527185, "volume": 80283, "typical_volume": 291135.5, "trend": 25.021558, "fair_value": 23.248086, "relative_strength": -2.116556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.370231, "energy": 16.888052, "activity_lines": [ 26.110878, 26.169196, 25.928028, 25.689327 ] }, { "date": "2025-07-04", "close": 26.90206, "volume": 69063, "typical_volume": 282943.3, "trend": 25.131934, "fair_value": 23.289634, "relative_strength": 0.282161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.264161, "energy": 24.215405, "activity_lines": [ 26.372632, 26.305889, 26.001265, 25.81065 ] }, { "date": "2025-07-11", "close": 29.042782, "volume": 55553, "typical_volume": 280834.8, "trend": 25.327996, "fair_value": 23.346979, "relative_strength": 6.014295, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.309563, "energy": 59.783898, "activity_lines": [ 27.311788, 26.803745, 26.276846, 26.062963 ] }, { "date": "2025-07-18", "close": 27.641941, "volume": 60100, "typical_volume": 275654.35, "trend": 25.523925, "fair_value": 23.386054, "relative_strength": 0.69841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.725087, "energy": 58.774707, "activity_lines": [ 27.594588, 26.999992, 26.406588, 26.21225 ] }, { "date": "2025-07-25", "close": 28.253574, "volume": 96170, "typical_volume": 249867.6, "trend": 25.742848, "fair_value": 23.423128, "relative_strength": 3.09849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.689891, "energy": 65.440543, "activity_lines": [ 27.953019, 27.278367, 26.59064, 26.388356 ] }, { "date": "2025-08-01", "close": 26.428537, "volume": 110977, "typical_volume": 233078.85, "trend": 25.925031, "fair_value": 23.448232, "relative_strength": -0.414767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.83504, "energy": 51.956704, "activity_lines": [ 27.538029, 27.201419, 26.608166, 26.432594 ] }, { "date": "2025-08-08", "close": 28.42128, "volume": 65579, "typical_volume": 220352.65, "trend": 26.168429, "fair_value": 23.482802, "relative_strength": 3.68944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.398439, "energy": 37.005922, "activity_lines": [ 27.793862, 27.480691, 26.827362, 26.593642 ] }, { "date": "2025-08-15", "close": 28.717234, "volume": 58638, "typical_volume": 205719.9, "trend": 26.3862, "fair_value": 23.526756, "relative_strength": 3.731874, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.574677, "energy": 39.636978, "activity_lines": [ 28.047066, 27.776284, 27.075047, 26.758081 ] }, { "date": "2025-08-22", "close": 28.648178, "volume": 32088, "typical_volume": 181114.5, "trend": 26.569433, "fair_value": 23.569215, "relative_strength": 3.307221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.509873, "energy": 38.437306, "activity_lines": [ 28.298954, 28.013585, 27.304022, 26.904016 ] }, { "date": "2025-08-29", "close": 28.036543, "volume": 28168, "typical_volume": 132044.4, "trend": 26.717301, "fair_value": 23.609167, "relative_strength": 2.889246, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.876744, "energy": 42.887822, "activity_lines": [ 28.279882, 28.086407, 27.443966, 26.998668 ] }, { "date": "2025-09-05", "close": 28.480473, "volume": 27617, "typical_volume": 121639.4, "trend": 26.774467, "fair_value": 23.653858, "relative_strength": 5.597516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.659854, "energy": 40.306439, "activity_lines": [ 28.423255, 28.198869, 27.599855, 27.112421 ] }, { "date": "2025-09-12", "close": 29.249947, "volume": 37562, "typical_volume": 108458.7, "trend": 26.863469, "fair_value": 23.707661, "relative_strength": 7.676153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.379653, "energy": 42.615912, "activity_lines": [ 28.686323, 28.415721, 27.804254, 27.272129 ] }, { "date": "2025-09-19", "close": 29.605089, "volume": 38364, "typical_volume": 91904.0, "trend": 26.969193, "fair_value": 23.770835, "relative_strength": 8.986065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.122997, "energy": 43.718449, "activity_lines": [ 29.012528, 28.654456, 28.023948, 27.449008 ] }, { "date": "2025-09-26", "close": 30.946741, "volume": 54850, "typical_volume": 86662.65, "trend": 27.10694, "fair_value": 23.844865, "relative_strength": 13.17889, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.447438, "energy": 64.028348, "activity_lines": [ 29.726759, 29.126903, 28.356453, 27.705624 ] }, { "date": "2025-10-03", "close": 32.554745, "volume": 116808, "typical_volume": 82646.15, "trend": 27.1993, "fair_value": 23.926827, "relative_strength": 15.638463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.264607, "energy": 80.004887, "activity_lines": [ 30.823755, 29.831628, 28.818749, 28.057095 ] }, { "date": "2025-10-10", "close": 31.952974, "volume": 82757, "typical_volume": 79701.45, "trend": 27.300255, "fair_value": 24.001624, "relative_strength": 13.78787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.049092, "energy": 78.996373, "activity_lines": [ 31.418947, 30.348736, 29.197098, 28.363784 ] }, { "date": "2025-10-17", "close": 32.396904, "volume": 76612, "typical_volume": 75336.3, "trend": 27.430661, "fair_value": 24.068895, "relative_strength": 16.862356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.997437, "energy": 81.069749, "activity_lines": [ 31.930615, 30.846115, 29.589822, 28.6926 ] }, { "date": "2025-10-24", "close": 33.294632, "volume": 42521, "typical_volume": 67583.55, "trend": 27.668161, "fair_value": 24.147633, "relative_strength": 17.554979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.071024, "energy": 83.459861, "activity_lines": [ 32.531729, 31.434433, 30.039294, 29.070921 ] }, { "date": "2025-10-31", "close": 32.752052, "volume": 22646, "typical_volume": 62886.15, "trend": 28.020427, "fair_value": 24.216129, "relative_strength": 16.563211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.663909, "energy": 73.938719, "activity_lines": [ 32.706013, 31.840875, 30.403316, 29.398914 ] }, { "date": "2025-11-07", "close": 33.324219, "volume": 81002, "typical_volume": 61867.9, "trend": 28.381019, "fair_value": 24.27332, "relative_strength": 20.161766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.742884, "energy": 68.682638, "activity_lines": [ 32.950665, 32.276731, 30.788335, 29.741094 ] }, { "date": "2025-11-14", "close": 34.139481, "volume": 50252, "typical_volume": 60366.35, "trend": 28.743063, "fair_value": 24.341299, "relative_strength": 21.106156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.97462, "energy": 66.385065, "activity_lines": [ 33.415774, 32.764677, 31.215061, 30.112608 ] }, { "date": "2025-11-21", "close": 33.841145, "volume": 45087, "typical_volume": 59167.55, "trend": 29.025806, "fair_value": 24.404389, "relative_strength": 23.619363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.686343, "energy": 58.089088, "activity_lines": [ 33.635669, 33.095489, 31.577126, 30.441516 ] }, { "date": "2025-11-28", "close": 36.963718, "volume": 52785, "typical_volume": 59029.15, "trend": 29.375841, "fair_value": 24.486714, "relative_strength": 30.03914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.489677, "energy": 72.571721, "activity_lines": [ 34.80014, 33.910566, 32.203535, 30.953639 ] }, { "date": "2025-12-05", "close": 36.376995, "volume": 74728, "typical_volume": 59760.55, "trend": 29.72032, "fair_value": 24.563564, "relative_strength": 26.22987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.199056, "energy": 80.400923, "activity_lines": [ 35.524431, 34.485172, 32.736347, 31.405327 ] }, { "date": "2025-12-12", "close": 38.505119, "volume": 64744, "typical_volume": 58189.25, "trend": 30.105116, "fair_value": 24.665721, "relative_strength": 31.774181, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.651315, "energy": 88.704384, "activity_lines": [ 36.716433, 35.347978, 33.430241, 31.972088 ] }, { "date": "2025-12-19", "close": 37.918392, "volume": 73022, "typical_volume": 56291.5, "trend": 30.499291, "fair_value": 24.758194, "relative_strength": 28.268966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.292021, "energy": 87.276368, "activity_lines": [ 37.367467, 35.995917, 34.019441, 32.47617 ] }, { "date": "2025-12-26", "close": 37.997948, "volume": 25226, "typical_volume": 54273.85, "trend": 30.88724, "fair_value": 24.852801, "relative_strength": 27.307829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.350721, "energy": 84.810748, "activity_lines": [ 37.793092, 36.54986, 34.561503, 32.959955 ] }, { "date": "2026-01-02", "close": 39.648735, "volume": 34894, "typical_volume": 53086.65, "trend": 31.335477, "fair_value": 24.944912, "relative_strength": 30.607458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.196853, "energy": 89.452566, "activity_lines": [ 38.491858, 37.302108, 35.21518, 33.525212 ] }, { "date": "2026-01-09", "close": 40.145962, "volume": 70330, "typical_volume": 54998.75, "trend": 31.816401, "fair_value": 25.03089, "relative_strength": 27.385951, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.530898, "energy": 88.547004, "activity_lines": [ 39.177366, 38.029232, 35.864157, 34.093631 ] }, { "date": "2026-01-16", "close": 41.856415, "volume": 76348, "typical_volume": 57407.75, "trend": 32.352367, "fair_value": 25.128855, "relative_strength": 31.425002, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.989467, "energy": 90.918903, "activity_lines": [ 40.181761, 38.932912, 36.621283, 34.741374 ] }, { "date": "2026-01-23", "close": 45.615437, "volume": 101295, "typical_volume": 61091.65, "trend": 32.988642, "fair_value": 25.244542, "relative_strength": 43.860466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.291417, "energy": 94.566591, "activity_lines": [ 42.215743, 40.364921, 37.670603, 35.597056 ] }, { "date": "2026-01-30", "close": 45.794437, "volume": 56889, "typical_volume": 62058.0, "trend": 33.618388, "fair_value": 25.366487, "relative_strength": 44.848224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.895817, "energy": 91.262019, "activity_lines": [ 43.796256, 41.620821, 38.655374, 36.423236 ] }, { "date": "2026-02-06", "close": 50.935749, "volume": 165658, "typical_volume": 68422.7, "trend": 34.348153, "fair_value": 25.529959, "relative_strength": 57.958561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.129044, "energy": 95.757932, "activity_lines": [ 46.570773, 43.594172, 40.051012, 37.540485 ] }, { "date": "2026-02-13", "close": 51.652279, "volume": 175377, "typical_volume": 74449.05, "trend": 35.148498, "fair_value": 25.690898, "relative_strength": 56.87286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.275151, "energy": 91.742864, "activity_lines": [ 48.831666, 45.443765, 41.413315, 38.65688 ] }, { "date": "2026-02-20", "close": 54.683613, "volume": 99052, "typical_volume": 73561.25, "trend": 36.029499, "fair_value": 25.874094, "relative_strength": 61.505495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.786257, "energy": 92.797707, "activity_lines": [ 51.335916, 47.566777, 42.96572, 39.91721 ] }, { "date": "2026-02-27", "close": 55.401558, "volume": 128716, "typical_volume": 75859.2, "trend": 36.995266, "fair_value": 26.046651, "relative_strength": 61.156314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.258972, "energy": 92.26784, "activity_lines": [ 53.224334, 49.52617, 44.481124, 41.16702 ] }, { "date": "2026-03-06", "close": 47.833202, "volume": 442608, "typical_volume": 94159.0, "trend": 37.642331, "fair_value": 26.182146, "relative_strength": 47.597108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.864598, "energy": 67.367752, "activity_lines": [ 51.937559, 49.791622, 45.164073, 41.866242 ] }, { "date": "2026-03-13", "close": 44.761986, "volume": 344941, "typical_volume": 109280.0, "trend": 38.177156, "fair_value": 26.318609, "relative_strength": 37.712578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.764918, "energy": 57.932204, "activity_lines": [ 49.491128, 49.319849, 45.481019, 42.325575 ] }, { "date": "2026-03-20", "close": 41.900169, "volume": 211621, "typical_volume": 118728.75, "trend": 38.618889, "fair_value": 26.430954, "relative_strength": 33.888271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.663922, "energy": 27.490856, "activity_lines": [ 46.502342, 48.234777, 45.470804, 42.565769 ] }, { "date": "2026-03-27", "close": 43.43578, "volume": 353578, "typical_volume": 132357.55, "trend": 39.132197, "fair_value": 26.54202, "relative_strength": 37.806329, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.213091, "energy": 31.383802, "activity_lines": [ 44.675566, 47.397013, 45.563276, 42.876536 ] }, { "date": "2026-04-03", "close": 45.629505, "volume": 305913, "typical_volume": 145140.6, "trend": 39.703831, "fair_value": 26.680075, "relative_strength": 37.670633, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.090383, "energy": 28.008875, "activity_lines": [ 44.329888, 46.929392, 45.816524, 43.295718 ] }, { "date": "2026-04-10", "close": 51.891598, "volume": 293910, "typical_volume": 157581.75, "trend": 40.458553, "fair_value": 26.850906, "relative_strength": 50.210726, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.712453, "energy": 25.891835, "activity_lines": [ 46.723045, 47.600077, 46.611447, 44.082025 ] }, { "date": "2026-04-17", "close": 53.167946, "volume": 117415, "typical_volume": 160813.25, "trend": 41.243981, "fair_value": 27.035842, "relative_strength": 46.264603, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.623166, "energy": 40.800994, "activity_lines": [ 49.271091, 48.391969, 47.441972, 44.901986 ] }, { "date": "2026-04-24", "close": 50.316101, "volume": 123442, "typical_volume": 163248.95, "trend": 41.889627, "fair_value": 27.203939, "relative_strength": 39.978754, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.552159, "energy": 42.770642, "activity_lines": [ 50.308125, 48.624757, 47.92373, 45.487284 ] }, { "date": "2026-05-01", "close": 49.089607, "volume": 220167, "typical_volume": 171020.1, "trend": 42.440789, "fair_value": 27.370548, "relative_strength": 34.133756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.340982, "energy": 46.721067, "activity_lines": [ 50.375265, 48.658841, 48.222302, 45.951799 ] }, { "date": "2026-05-08", "close": 52.270512, "volume": 199348, "typical_volume": 177336.4, "trend": 43.11804, "fair_value": 27.559712, "relative_strength": 40.687319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.308316, "energy": 50.783864, "activity_lines": [ 51.125785, 49.37298, 48.773416, 46.585975 ] }, { "date": "2026-05-15", "close": 52.279999, "volume": 135991, "typical_volume": 182874.65, "trend": 43.78081, "fair_value": 27.746412, "relative_strength": 41.128725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.233917, "energy": 39.901323, "activity_lines": [ 51.436734, 50.145773, 49.257089, 47.177069 ] }, { "date": "2026-05-22", "close": 56.68, "volume": 150830, "typical_volume": 188671.45, "trend": 44.560322, "fair_value": 27.962591, "relative_strength": 45.123271, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.923042, "energy": 50.818091, "activity_lines": [ 53.188456, 51.637715, 50.091801, 48.009275 ] }, { "date": "2026-05-29", "close": 59.419998, "volume": 125281, "typical_volume": 191419.0, "trend": 45.449254, "fair_value": 28.193088, "relative_strength": 48.520222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.645072, "energy": 71.403263, "activity_lines": [ 55.619375, 53.411147, 51.106363, 48.967963 ] }, { "date": "2026-06-05", "close": 59.34, "volume": 25369, "typical_volume": 188870.05, "trend": 46.316446, "fair_value": 28.418946, "relative_strength": 48.035318, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.443472, "energy": 78.847847, "activity_lines": [ 57.4167, 54.851491, 52.021526, 49.86414 ] }, { "date": "2026-06-12", "close": 60.560001, "volume": 61369, "typical_volume": 186873.75, "trend": 47.19713, "fair_value": 28.6512, "relative_strength": 49.415853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.152065, "energy": 84.225604, "activity_lines": [ 58.937333, 56.224487, 52.969624, 50.78308 ] }, { "date": "2026-06-19", "close": 55.0, "volume": 23521, "typical_volume": 185205.35, "trend": 47.902425, "fair_value": 28.854941, "relative_strength": 32.100006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.47037, "energy": 70.814219, "activity_lines": [ 58.052, 56.315109, 53.317033, 51.28649 ] }, { "date": "2026-06-26", "close": 52.880001, "volume": 9877, "typical_volume": 177416.3, "trend": 48.432968, "fair_value": 29.042332, "relative_strength": 27.102761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.756196, "energy": 43.239213, "activity_lines": [ 56.278667, 55.963761, 53.418702, 51.607624 ] }, { "date": "2026-07-03", "close": 58.284515, "volume": 65542, "typical_volume": 171924.55, "trend": 49.163219, "fair_value": 29.270586, "relative_strength": 32.365714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.481612, "energy": 37.42465, "activity_lines": [ 56.560172, 56.600287, 54.025827, 52.243208 ] }, { "date": "2026-07-10", "close": 57.80563, "volume": 53090, "typical_volume": 169626.45, "trend": 49.806569, "fair_value": 29.490067, "relative_strength": 33.343693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.55103, "energy": 30.2761, "activity_lines": [ 56.757748, 57.004863, 54.555763, 52.800783 ] }, { "date": "2026-07-17", "close": 57.825584, "volume": 50277, "typical_volume": 165704.5, "trend": 50.470142, "fair_value": 29.709797, "relative_strength": 32.898365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.067449, "energy": 32.231723, "activity_lines": [ 57.064266, 57.254593, 55.072733, 53.318139 ] }, { "date": "2026-07-24", "close": 58.823265, "volume": 91018, "typical_volume": 148125.0, "trend": 51.164319, "fair_value": 29.930766, "relative_strength": 32.042065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.310307, "energy": 43.762516, "activity_lines": [ 57.885639, 57.584719, 55.673176, 53.85705 ] }, { "date": "2026-07-31", "close": 60.698906, "volume": 115683, "typical_volume": 136662.1, "trend": 51.865992, "fair_value": 30.167368, "relative_strength": 31.664297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.358318, "energy": 53.270985, "activity_lines": [ 59.077341, 58.136902, 56.399919, 54.472185 ] }, { "date": "2026-08-07", "close": 63.279999, "volume": 70604, "typical_volume": 129611.25, "trend": 52.637126, "fair_value": 30.423883, "relative_strength": 31.931251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.016166, "energy": 70.352125, "activity_lines": [ 60.608147, 59.085304, 57.296589, 55.208572 ] } ], "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." } } }