{ "ticker": { "uuid": "dd30ff40-f655-4607-bfd0-b8df57822e08", "symbol": "XZMJ", "name": "Xtrackers MSCI Japan ESG UCITS ETF 1C", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "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": 76.318, "architecture_energy": 43.609, "architecture_maturity": 60.284, "architecture_confidence": 73.194, "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": 26.07, "rotation_up": 42.47, "upward_expansion": 72.83, "deceleration": 91.43, "rotation_down": 28.92, "downward_expansion": 10.83 }, "activity_lines": [ 28.454667, 28.443727, 27.980643, 27.390344 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 29.485001, "trend_reference": 26.711833, "distance_from_trend": 0.103818, "trend_direction": "Improving", "fair_value": 22.192897, "distance_from_fair_value": 0.328578, "fair_value_direction": "Improving", "relative_strength": -0.822098, "relative_strength_direction": "Weakening", "price_momentum": 0.140178, "excess_performance": -0.030714, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.103818, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.051958, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.328578, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.059499, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.008221, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.005735, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.140178, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.823847, "read": "Supply-led" } ], "volume": { "latest": 75268, "relative_activity": 3.155005, "balance": 0.823847, "dry_up": 1.331638, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.031085, "annualized_volatility": 0.216866, "from_high_reference": -0.001355, "from_low_reference": 0.303781 }, "levels": { "trend_reference": 26.711833, "fair_value_reference": 22.192897, "structural_low": 23.795, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 12, "median_return": 0.024775, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.016124, "regime_survival": 0.416667, "best_return": 0.083142, "worst_return": -0.037786, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.028401, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.005786, "regime_survival": 0.285714, "best_return": 0.151891, "worst_return": -0.062257, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.067804, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.020525, "regime_survival": 0.0, "best_return": 0.184606, "worst_return": -0.088573, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.107534, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.003013, "regime_survival": 0.0, "best_return": 0.210408, "worst_return": -0.164755, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.002511, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.024286, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.040602, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-28", "tenure": "Developing", "return": -0.053501, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.003536, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.060703, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-08-08", "tenure": "Developing", "return": 0.043966, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.0082, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-12-26", "tenure": "Established", "return": 0.066476, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.047335, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-20", "tenure": "Developing", "return": -0.060184, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.091916, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-31", "tenure": "Established", "return": 0.029688, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.34, "volume": 2320, "typical_volume": 15156.9, "trend": 17.680267, "fair_value": 18.009923, "relative_strength": -8.171656, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.238754, "energy": 14.80025, "activity_lines": [ 17.7492, 17.883127, 18.016533, 17.877105 ] }, { "date": "2023-08-25", "close": 17.584, "volume": 1308, "typical_volume": 13792.2, "trend": 17.686867, "fair_value": 18.018808, "relative_strength": -7.845926, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.980391, "energy": 27.432825, "activity_lines": [ 17.652533, 17.806145, 17.983771, 17.870895 ] }, { "date": "2023-09-01", "close": 18.204, "volume": 3840, "typical_volume": 13961.35, "trend": 17.714533, "fair_value": 18.032026, "relative_strength": -5.660868, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 15.904382, "energy": 19.822294, "activity_lines": [ 17.784, 17.862582, 18.007438, 17.904258 ] }, { "date": "2023-09-08", "close": 18.208, "volume": 1680, "typical_volume": 12373.6, "trend": 17.738333, "fair_value": 18.043679, "relative_strength": -3.887936, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.264603, "energy": 15.255427, "activity_lines": [ 17.9372, 17.914582, 18.026781, 17.936095 ] }, { "date": "2023-09-15", "close": 18.596001, "volume": 1352, "typical_volume": 12137.8, "trend": 17.792133, "fair_value": 18.056449, "relative_strength": -3.722864, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.093614, "energy": 34.695847, "activity_lines": [ 18.195467, 18.036909, 18.079038, 17.991428 ] }, { "date": "2023-09-22", "close": 18.219999, "volume": 5188, "typical_volume": 12193.05, "trend": 17.841133, "fair_value": 18.066397, "relative_strength": -4.192907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.193258, "energy": 36.171238, "activity_lines": [ 18.273333, 18.079964, 18.088838, 18.019032 ] }, { "date": "2023-09-29", "close": 17.868, "volume": 17170, "typical_volume": 12208.55, "trend": 17.865533, "fair_value": 18.07441, "relative_strength": -4.487697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.784853, "energy": 25.419201, "activity_lines": [ 18.1752, 18.052655, 18.061781, 18.020766 ] }, { "date": "2023-10-06", "close": 17.52, "volume": 20467, "typical_volume": 13050.95, "trend": 17.8776, "fair_value": 18.080449, "relative_strength": -4.427692, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.582323, "energy": 3.353951, "activity_lines": [ 17.942133, 17.962764, 18.002019, 17.998473 ] }, { "date": "2023-10-13", "close": 17.736, "volume": 8121, "typical_volume": 13348.15, "trend": 17.903, "fair_value": 18.087808, "relative_strength": -4.291082, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.709797, "energy": 21.012326, "activity_lines": [ 17.826667, 17.930145, 17.967057, 17.989338 ] }, { "date": "2023-10-20", "close": 17.139999, "volume": 12205, "typical_volume": 13563.45, "trend": 17.902133, "fair_value": 18.092333, "relative_strength": -4.18539, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.745297, "energy": 52.031245, "activity_lines": [ 17.544, 17.791127, 17.878067, 17.940112 ] }, { "date": "2023-10-27", "close": 17.098, "volume": 18091, "typical_volume": 13877.15, "trend": 17.891133, "fair_value": 18.095949, "relative_strength": -3.899317, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.419337, "energy": 76.221742, "activity_lines": [ 17.3444, 17.655927, 17.792324, 17.888232 ] }, { "date": "2023-11-03", "close": 18.066, "volume": 34737, "typical_volume": 11902.7, "trend": 17.925533, "fair_value": 18.100603, "relative_strength": -3.154331, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.500444, "energy": 54.985305, "activity_lines": [ 17.542266, 17.701127, 17.806952, 17.899514 ] }, { "date": "2023-11-10", "close": 17.615999, "volume": 307773, "typical_volume": 27053.3, "trend": 17.938867, "fair_value": 18.099321, "relative_strength": -4.758155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.872943, "energy": 45.897577, "activity_lines": [ 17.576933, 17.655745, 17.781847, 17.879544 ] }, { "date": "2023-11-17", "close": 17.948, "volume": 40583, "typical_volume": 27604.85, "trend": 17.958467, "fair_value": 18.098192, "relative_strength": -5.997692, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.473294, "energy": 15.614722, "activity_lines": [ 17.715866, 17.681418, 17.789809, 17.880133 ] }, { "date": "2023-11-24", "close": 18.025999, "volume": 62263, "typical_volume": 30595.35, "trend": 17.986, "fair_value": 18.095551, "relative_strength": -5.115553, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.047698, "energy": 17.715493, "activity_lines": [ 17.866666, 17.726, 17.806381, 17.88449 ] }, { "date": "2023-12-01", "close": 18.194, "volume": 32369, "typical_volume": 31768.4, "trend": 18.008467, "fair_value": 18.09659, "relative_strength": -5.552184, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.788538, "energy": 17.486493, "activity_lines": [ 18.0144, 17.811491, 17.838809, 17.89791 ] }, { "date": "2023-12-08", "close": 18.379999, "volume": 54951, "typical_volume": 34097.7, "trend": 18.022467, "fair_value": 18.099256, "relative_strength": -5.797311, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.859689, "energy": 29.675961, "activity_lines": [ 18.151066, 17.931272, 17.887409, 17.921879 ] }, { "date": "2023-12-15", "close": 18.576, "volume": 19644, "typical_volume": 34555.7, "trend": 18.028067, "fair_value": 18.102577, "relative_strength": -4.43504, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.096106, "energy": 52.25475, "activity_lines": [ 18.332133, 18.077381, 17.952419, 17.957591 ] }, { "date": "2023-12-22", "close": 18.639999, "volume": 21372, "typical_volume": 33865.55, "trend": 18.039067, "fair_value": 18.106756, "relative_strength": -3.808676, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.221284, "energy": 63.750086, "activity_lines": [ 18.470533, 18.215927, 18.023209, 17.997071 ] }, { "date": "2023-12-29", "close": 18.802, "volume": 4593, "typical_volume": 33501.35, "trend": 18.043733, "fair_value": 18.109397, "relative_strength": -2.758401, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.857284, "energy": 77.854224, "activity_lines": [ 18.6168, 18.36749, 18.105638, 18.046292 ] }, { "date": "2024-01-05", "close": 18.756001, "volume": 7114, "typical_volume": 33741.05, "trend": 18.041733, "fair_value": 18.109436, "relative_strength": -3.164103, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.040007, "energy": 77.647308, "activity_lines": [ 18.696, 18.480473, 18.178771, 18.092245 ] }, { "date": "2024-01-12", "close": 19.615999, "volume": 29778, "typical_volume": 35164.55, "trend": 18.071533, "fair_value": 18.114359, "relative_strength": 1.19337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.518431, "energy": 89.915965, "activity_lines": [ 19.0244, 18.719672, 18.327066, 18.193811 ] }, { "date": "2024-01-19", "close": 19.389999, "volume": 21364, "typical_volume": 36040.75, "trend": 18.120533, "fair_value": 18.118474, "relative_strength": 0.713468, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.477911, "energy": 87.472609, "activity_lines": [ 19.195066, 18.8896, 18.444162, 18.278873 ] }, { "date": "2024-01-26", "close": 19.416, "volume": 25361, "typical_volume": 37224.8, "trend": 18.1612, "fair_value": 18.125679, "relative_strength": 0.589558, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.547493, "energy": 86.091382, "activity_lines": [ 19.320133, 19.032, 18.558085, 18.362451 ] }, { "date": "2024-02-02", "close": 19.747999, "volume": 136704, "typical_volume": 43992.4, "trend": 18.2196, "fair_value": 18.129231, "relative_strength": 1.185912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.001867, "energy": 92.51945, "activity_lines": [ 19.504133, 19.208072, 18.697876, 18.464825 ] }, { "date": "2024-02-09", "close": 19.598, "volume": 54813, "typical_volume": 46473.65, "trend": 18.2772, "fair_value": 18.130103, "relative_strength": -0.956794, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.424749, "energy": 86.692214, "activity_lines": [ 19.575066, 19.325563, 18.817895, 18.553755 ] }, { "date": "2024-02-16", "close": 20.045, "volume": 88150, "typical_volume": 50022.65, "trend": 18.3485, "fair_value": 18.133788, "relative_strength": -0.596073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.040845, "energy": 91.559072, "activity_lines": [ 19.738866, 19.4988, 18.973923, 18.667806 ] }, { "date": "2024-02-23", "close": 20.209999, "volume": 11100, "typical_volume": 49554.3, "trend": 18.405166, "fair_value": 18.144686, "relative_strength": -2.739779, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.903305, "energy": 91.799726, "activity_lines": [ 19.929066, 19.671763, 19.1353, 18.787903 ] }, { "date": "2024-03-01", "close": 20.514999, "volume": 19749, "typical_volume": 50135.7, "trend": 18.4942, "fair_value": 18.158923, "relative_strength": -1.9914, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.100466, "energy": 88.28844, "activity_lines": [ 20.166266, 19.870472, 19.312914, 18.924021 ] }, { "date": "2024-03-08", "close": 20.655001, "volume": 16597, "typical_volume": 50355.3, "trend": 18.590366, "fair_value": 18.171968, "relative_strength": -2.679825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.682994, "energy": 90.146536, "activity_lines": [ 20.376867, 20.060545, 19.490628, 19.063428 ] }, { "date": "2024-03-15", "close": 20.219999, "volume": 58891, "typical_volume": 52395.3, "trend": 18.686366, "fair_value": 18.178224, "relative_strength": -6.034849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.795105, "energy": 70.154686, "activity_lines": [ 20.382, 20.137836, 19.610176, 19.168565 ] }, { "date": "2024-03-22", "close": 20.975, "volume": 41383, "typical_volume": 52727.6, "trend": 18.7994, "fair_value": 18.189628, "relative_strength": -3.519961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.73006, "energy": 72.756563, "activity_lines": [ 20.597333, 20.325781, 19.786762, 19.316219 ] }, { "date": "2024-03-29", "close": 20.825001, "volume": 13125, "typical_volume": 37995.2, "trend": 18.886766, "fair_value": 18.20084, "relative_strength": -5.203843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.464379, "energy": 68.110827, "activity_lines": [ 20.700667, 20.461745, 19.935209, 19.446903 ] }, { "date": "2024-04-05", "close": 20.360001, "volume": 18161, "typical_volume": 36874.1, "trend": 18.9585, "fair_value": 18.210083, "relative_strength": -5.228077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.034561, "energy": 60.49423, "activity_lines": [ 20.608001, 20.487073, 20.02409, 19.54195 ] }, { "date": "2024-04-12", "close": 20.485001, "volume": 22378, "typical_volume": 34879.85, "trend": 19.021466, "fair_value": 18.220487, "relative_strength": -3.916578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.780394, "energy": 59.7744, "activity_lines": [ 20.567334, 20.517964, 20.11339, 19.640434 ] }, { "date": "2024-04-19", "close": 19.662001, "volume": 58028, "typical_volume": 36162.8, "trend": 19.069533, "fair_value": 18.227782, "relative_strength": -8.077429, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.891233, "energy": 34.051719, "activity_lines": [ 20.263668, 20.385819, 20.1126, 19.681759 ] }, { "date": "2024-04-26", "close": 19.704, "volume": 109902, "typical_volume": 38910.35, "trend": 19.130733, "fair_value": 18.237897, "relative_strength": -8.596215, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.172498, "energy": 26.691017, "activity_lines": [ 20.011201, 20.260146, 20.108819, 19.722692 ] }, { "date": "2024-05-03", "close": 20.135, "volume": 39970, "typical_volume": 39926.65, "trend": 19.2179, "fair_value": 18.249673, "relative_strength": -4.750221, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.801309, "energy": 24.816186, "activity_lines": [ 19.987134, 20.219037, 20.139781, 19.787484 ] }, { "date": "2024-05-10", "close": 19.888, "volume": 6277, "typical_volume": 39171.9, "trend": 19.289633, "fair_value": 18.262904, "relative_strength": -8.477225, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.610143, "energy": 20.415303, "activity_lines": [ 19.926734, 20.134382, 20.139795, 19.830716 ] }, { "date": "2024-05-17", "close": 20.02, "volume": 12039, "typical_volume": 39544.2, "trend": 19.385633, "fair_value": 18.27566, "relative_strength": -9.514114, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.604294, "energy": 14.885658, "activity_lines": [ 19.9418, 20.085128, 20.146438, 19.877837 ] }, { "date": "2024-05-24", "close": 20.0, "volume": 8909, "typical_volume": 39633.95, "trend": 19.482367, "fair_value": 18.286212, "relative_strength": -6.922441, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.551378, "energy": 9.273375, "activity_lines": [ 19.9812, 20.043782, 20.145376, 19.917473 ] }, { "date": "2024-05-31", "close": 20.004999, "volume": 5996, "typical_volume": 38444.85, "trend": 19.547, "fair_value": 18.295885, "relative_strength": -6.586243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.864747, "energy": 9.153448, "activity_lines": [ 19.999733, 20.007345, 20.138867, 19.951191 ] }, { "date": "2024-06-07", "close": 20.440001, "volume": 8184, "typical_volume": 37785.85, "trend": 19.641133, "fair_value": 18.308064, "relative_strength": -4.713624, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.897117, "energy": 23.72642, "activity_lines": [ 20.1432, 20.067636, 20.171933, 20.008804 ] }, { "date": "2024-06-14", "close": 20.370001, "volume": 46380, "typical_volume": 38836.8, "trend": 19.721867, "fair_value": 18.3205, "relative_strength": 0.911303, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.972282, "energy": 26.398532, "activity_lines": [ 20.243, 20.1222, 20.193334, 20.055828 ] }, { "date": "2024-06-21", "close": 20.145, "volume": 15281, "typical_volume": 32765.65, "trend": 19.7925, "fair_value": 18.330827, "relative_strength": -1.968719, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 35.919756, "energy": 24.452878, "activity_lines": [ 20.235667, 20.135673, 20.188762, 20.083127 ] }, { "date": "2024-06-28", "close": 20.834999, "volume": 17973, "typical_volume": 30923.65, "trend": 19.880533, "fair_value": 18.344641, "relative_strength": 1.914195, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.022631, "energy": 54.08495, "activity_lines": [ 20.45, 20.280782, 20.248014, 20.150385 ] }, { "date": "2024-07-05", "close": 21.07, "volume": 7796, "typical_volume": 26905.95, "trend": 19.9702, "fair_value": 18.359064, "relative_strength": 0.622351, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.806376, "energy": 69.492595, "activity_lines": [ 20.687, 20.447291, 20.323757, 20.227125 ] }, { "date": "2024-07-12", "close": 21.629999, "volume": 9899, "typical_volume": 26845.9, "trend": 20.072, "fair_value": 18.378077, "relative_strength": 1.518895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.497269, "energy": 82.678323, "activity_lines": [ 21.039666, 20.690782, 20.447952, 20.334209 ] }, { "date": "2024-07-19", "close": 21.26, "volume": 8773, "typical_volume": 26297.1, "trend": 20.159333, "fair_value": 18.393423, "relative_strength": 0.844257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.16845, "energy": 82.436235, "activity_lines": [ 21.189666, 20.839818, 20.530148, 20.410854 ] }, { "date": "2024-07-26", "close": 20.754999, "volume": 11266, "typical_volume": 26030.55, "trend": 20.224433, "fair_value": 18.407891, "relative_strength": -0.332471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.614942, "energy": 74.44198, "activity_lines": [ 21.111999, 20.872091, 20.5607, 20.449284 ] }, { "date": "2024-08-02", "close": 19.625999, "volume": 61042, "typical_volume": 26138.1, "trend": 20.253433, "fair_value": 18.41484, "relative_strength": -0.441409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.231865, "energy": 16.220109, "activity_lines": [ 20.617333, 20.685727, 20.483252, 20.410675 ] }, { "date": "2024-08-09", "close": 19.93, "volume": 21388, "typical_volume": 25138.35, "trend": 20.2639, "fair_value": 18.421224, "relative_strength": 1.859047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.27143, "energy": 16.24194, "activity_lines": [ 20.304599, 20.561436, 20.437586, 20.389808 ] }, { "date": "2024-08-16", "close": 21.049999, "volume": 9356, "typical_volume": 24949.9, "trend": 20.319233, "fair_value": 18.437186, "relative_strength": 3.443449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.085877, "energy": 24.849172, "activity_lines": [ 20.441199, 20.642145, 20.503562, 20.440525 ] }, { "date": "2024-08-23", "close": 21.459999, "volume": 9420, "typical_volume": 24512.85, "trend": 20.387367, "fair_value": 18.453942, "relative_strength": 3.503222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.057718, "energy": 24.01455, "activity_lines": [ 20.753133, 20.786308, 20.607514, 20.514122 ] }, { "date": "2024-08-30", "close": 21.889999, "volume": 16900, "typical_volume": 24238.95, "trend": 20.458767, "fair_value": 18.468019, "relative_strength": 3.351781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.153246, "energy": 54.38743, "activity_lines": [ 21.195066, 20.988836, 20.74718, 20.611066 ] }, { "date": "2024-09-06", "close": 20.635, "volume": 34261, "typical_volume": 23050.6, "trend": 20.493333, "fair_value": 18.471128, "relative_strength": 0.671697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.09165, "energy": 47.763196, "activity_lines": [ 21.142999, 20.931454, 20.760633, 20.622436 ] }, { "date": "2024-09-13", "close": 21.440001, "volume": 21674, "typical_volume": 18639.2, "trend": 20.539833, "fair_value": 18.478051, "relative_strength": 3.751678, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.578698, "energy": 56.041295, "activity_lines": [ 21.292, 21.024072, 20.846119, 20.683512 ] }, { "date": "2024-09-20", "close": 21.555, "volume": 48457, "typical_volume": 19063.55, "trend": 20.584667, "fair_value": 18.486481, "relative_strength": 3.706085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.284817, "energy": 53.635383, "activity_lines": [ 21.378667, 21.130872, 20.93429, 20.749006 ] }, { "date": "2024-09-27", "close": 21.715, "volume": 31213, "typical_volume": 20310.35, "trend": 20.624667, "fair_value": 18.498205, "relative_strength": 1.596002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.74123, "energy": 38.422566, "activity_lines": [ 21.485, 21.268127, 21.030938, 20.821931 ] }, { "date": "2024-10-04", "close": 21.959999, "volume": 65302, "typical_volume": 22973.5, "trend": 20.668167, "fair_value": 18.514923, "relative_strength": 6.128709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.924135, "energy": 54.674125, "activity_lines": [ 21.656, 21.441654, 21.142219, 20.908081 ] }, { "date": "2024-10-11", "close": 21.975, "volume": 10655, "typical_volume": 23060.8, "trend": 20.726667, "fair_value": 18.530147, "relative_strength": 3.950728, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.303636, "energy": 57.578316, "activity_lines": [ 21.827333, 21.596, 21.24569, 20.992393 ] }, { "date": "2024-10-18", "close": 21.860001, "volume": 24365, "typical_volume": 23979.25, "trend": 20.756167, "fair_value": 18.546199, "relative_strength": 0.792412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.803585, "energy": 54.250622, "activity_lines": [ 21.871, 21.686727, 21.328805, 21.065512 ] }, { "date": "2024-10-25", "close": 21.040001, "volume": 22419, "typical_volume": 24691.0, "trend": 20.763333, "fair_value": 18.555865, "relative_strength": -1.728293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.710763, "energy": 32.235156, "activity_lines": [ 21.613334, 21.593273, 21.32499, 21.083824 ] }, { "date": "2024-11-01", "close": 21.195, "volume": 2414, "typical_volume": 22492.7, "trend": 20.791167, "fair_value": 18.562885, "relative_strength": -0.660525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.134712, "energy": 20.861831, "activity_lines": [ 21.441667, 21.528182, 21.333081, 21.111673 ] }, { "date": "2024-11-08", "close": 21.9, "volume": 78300, "typical_volume": 25643.65, "trend": 20.838333, "fair_value": 18.573494, "relative_strength": 5.153827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.774051, "energy": 23.034251, "activity_lines": [ 21.539667, 21.596091, 21.404386, 21.183211 ] }, { "date": "2024-11-15", "close": 21.475, "volume": 15143, "typical_volume": 25502.15, "trend": 20.898767, "fair_value": 18.580545, "relative_strength": 1.919829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.079703, "energy": 19.429602, "activity_lines": [ 21.5, 21.586546, 21.426857, 21.224286 ] }, { "date": "2024-11-22", "close": 21.844999, "volume": 60774, "typical_volume": 28151.05, "trend": 20.970133, "fair_value": 18.595961, "relative_strength": 5.702199, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.638346, "energy": 25.84574, "activity_lines": [ 21.617, 21.629, 21.481519, 21.285333 ] }, { "date": "2024-11-29", "close": 22.235001, "volume": 13863, "typical_volume": 28349.25, "trend": 21.040133, "fair_value": 18.613545, "relative_strength": 7.653986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.247493, "energy": 53.659589, "activity_lines": [ 21.865, 21.735, 21.569633, 21.366938 ] }, { "date": "2024-12-06", "close": 22.799999, "volume": 30165, "typical_volume": 29418.85, "trend": 21.1372, "fair_value": 18.631635, "relative_strength": 5.978541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.104223, "energy": 75.102365, "activity_lines": [ 22.221666, 21.931364, 21.708676, 21.480477 ] }, { "date": "2024-12-13", "close": 22.485001, "volume": 8319, "typical_volume": 29271.5, "trend": 21.219367, "fair_value": 18.648885, "relative_strength": 3.991716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.651296, "energy": 77.104199, "activity_lines": [ 22.366333, 22.050727, 21.810386, 21.567432 ] }, { "date": "2024-12-20", "close": 21.98, "volume": 54478, "typical_volume": 28943.3, "trend": 21.285367, "fair_value": 18.663282, "relative_strength": 4.91708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.144835, "energy": 68.476564, "activity_lines": [ 22.303667, 22.068727, 21.855762, 21.616505 ] }, { "date": "2024-12-27", "close": 22.209999, "volume": 8365, "typical_volume": 28292.15, "trend": 21.358867, "fair_value": 18.679461, "relative_strength": 4.689504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.597927, "energy": 56.82619, "activity_lines": [ 22.284, 22.128454, 21.911833, 21.676159 ] }, { "date": "2025-01-03", "close": 22.184999, "volume": 6847, "typical_volume": 28166.7, "trend": 21.417033, "fair_value": 18.69784, "relative_strength": 4.562983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.246187, "energy": 36.597386, "activity_lines": [ 22.231666, 22.177272, 21.954667, 21.729458 ] }, { "date": "2025-01-10", "close": 21.695, "volume": 51004, "typical_volume": 30245.9, "trend": 21.4612, "fair_value": 18.712654, "relative_strength": -0.471313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.74546, "energy": 17.488076, "activity_lines": [ 22.019333, 22.116182, 21.945428, 21.747391 ] }, { "date": "2025-01-17", "close": 21.92, "volume": 18219, "typical_volume": 30311.85, "trend": 21.520366, "fair_value": 18.730949, "relative_strength": -2.597157, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.128418, "energy": 16.381472, "activity_lines": [ 21.955666, 22.086909, 21.9565, 21.776991 ] }, { "date": "2025-01-24", "close": 22.27, "volume": 17534, "typical_volume": 29475.5, "trend": 21.5682, "fair_value": 18.756295, "relative_strength": -0.78512, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.825058, "energy": 18.455526, "activity_lines": [ 22.046333, 22.120909, 22.000762, 21.825355 ] }, { "date": "2025-01-31", "close": 22.59, "volume": 3827, "typical_volume": 28583.15, "trend": 21.618866, "fair_value": 18.783615, "relative_strength": -0.034422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.82832, "energy": 30.534892, "activity_lines": [ 22.224333, 22.198636, 22.067714, 21.891277 ] }, { "date": "2025-02-07", "close": 22.809999, "volume": 5074, "typical_volume": 26414.0, "trend": 21.6582, "fair_value": 18.810385, "relative_strength": -0.61011, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 69.136458, "energy": 56.201812, "activity_lines": [ 22.450333, 22.302818, 22.150143, 21.968125 ] }, { "date": "2025-02-14", "close": 22.709999, "volume": 8466, "typical_volume": 25276.65, "trend": 21.706533, "fair_value": 18.837731, "relative_strength": -3.346975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.619051, "energy": 66.434368, "activity_lines": [ 22.601333, 22.378363, 22.217071, 22.035983 ] }, { "date": "2025-02-21", "close": 22.940001, "volume": 4075, "typical_volume": 22215.3, "trend": 21.779366, "fair_value": 18.866974, "relative_strength": -3.430906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.106326, "energy": 73.388813, "activity_lines": [ 22.761333, 22.497363, 22.301167, 22.115561 ] }, { "date": "2025-02-28", "close": 22.540001, "volume": 8249, "typical_volume": 22095.0, "trend": 21.8765, "fair_value": 18.894397, "relative_strength": -5.572244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.855969, "energy": 62.491959, "activity_lines": [ 22.72, 22.535364, 22.3425, 22.164634 ] }, { "date": "2025-03-07", "close": 21.745001, "volume": 7666, "typical_volume": 21260.05, "trend": 21.937, "fair_value": 18.920314, "relative_strength": -8.600169, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.897388, "energy": 17.751762, "activity_lines": [ 22.395667, 22.418637, 22.305429, 22.156151 ] }, { "date": "2025-03-14", "close": 21.805, "volume": 15157, "typical_volume": 20896.95, "trend": 21.962167, "fair_value": 18.9415, "relative_strength": -8.404504, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.114411, "energy": 11.918605, "activity_lines": [ 22.147667, 22.321273, 22.274619, 22.147634 ] }, { "date": "2025-03-21", "close": 22.004999, "volume": 5006, "typical_volume": 21026.55, "trend": 21.980333, "fair_value": 18.963058, "relative_strength": -8.331969, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.327907, "energy": 22.448605, "activity_lines": [ 22.033333, 22.267182, 22.259214, 22.150398 ] }, { "date": "2025-03-28", "close": 21.495001, "volume": 11814, "typical_volume": 17702.25, "trend": 21.967167, "fair_value": 18.984244, "relative_strength": -9.644512, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -31.616834, "energy": 35.257299, "activity_lines": [ 21.796, 22.114727, 22.191381, 22.119086 ] }, { "date": "2025-04-04", "close": 19.232, "volume": 9509, "typical_volume": 17420.55, "trend": 21.9204, "fair_value": 18.99282, "relative_strength": -9.490891, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -67.107719, "energy": 78.249982, "activity_lines": [ 20.900667, 21.558546, 21.909952, 21.942624 ] }, { "date": "2025-04-11", "close": 19.164, "volume": 57736, "typical_volume": 17268.65, "trend": 21.844533, "fair_value": 19.00232, "relative_strength": -8.039465, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.182112, "energy": 94.938713, "activity_lines": [ 20.2032, 21.045237, 21.632729, 21.764791 ] }, { "date": "2025-04-18", "close": 20.344999, "volume": 18744, "typical_volume": 17512.7, "trend": 21.8042, "fair_value": 19.021583, "relative_strength": -7.627742, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.330112, "energy": 84.870966, "activity_lines": [ 20.071466, 20.808945, 21.480748, 21.668047 ] }, { "date": "2025-04-25", "close": 20.809999, "volume": 6902, "typical_volume": 16349.55, "trend": 21.774033, "fair_value": 19.040865, "relative_strength": -8.925483, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.493595, "energy": 80.959152, "activity_lines": [ 20.192066, 20.702018, 21.382052, 21.603905 ] }, { "date": "2025-05-02", "close": 21.360001, "volume": 95255, "typical_volume": 20696.35, "trend": 21.754033, "fair_value": 19.066096, "relative_strength": -8.789799, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.062062, "energy": 48.680756, "activity_lines": [ 20.575667, 20.729636, 21.345214, 21.577194 ] }, { "date": "2025-05-09", "close": 21.690001, "volume": 52733, "typical_volume": 20609.1, "trend": 21.744533, "fair_value": 19.092263, "relative_strength": -9.766887, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.290241, "energy": 21.821383, "activity_lines": [ 21.078267, 20.845982, 21.345162, 21.573062 ] }, { "date": "2025-05-16", "close": 21.875, "volume": 28283, "typical_volume": 21605.0, "trend": 21.745033, "fair_value": 19.119808, "relative_strength": -11.799397, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.823285, "energy": 24.553451, "activity_lines": [ 21.478667, 21.011418, 21.36411, 21.58148 ] }, { "date": "2025-05-23", "close": 21.58, "volume": 25300, "typical_volume": 22527.65, "trend": 21.763033, "fair_value": 19.144859, "relative_strength": -10.291824, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.544768, "energy": 27.209859, "activity_lines": [ 21.6, 21.120855, 21.356557, 21.570832 ] }, { "date": "2025-05-30", "close": 21.834999, "volume": 40578, "typical_volume": 22006.35, "trend": 21.784367, "fair_value": 19.173955, "relative_strength": -10.517853, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.936014, "energy": 23.805518, "activity_lines": [ 21.724, 21.280745, 21.376171, 21.575475 ] }, { "date": "2025-06-06", "close": 21.76, "volume": 6244, "typical_volume": 21407.6, "trend": 21.7797, "fair_value": 19.204481, "relative_strength": -11.806424, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.826566, "energy": 18.130887, "activity_lines": [ 21.754666, 21.430091, 21.387976, 21.573903 ] }, { "date": "2025-06-13", "close": 21.49, "volume": 384, "typical_volume": 20550.1, "trend": 21.7802, "fair_value": 19.238776, "relative_strength": -10.108392, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.05024, "energy": 12.721053, "activity_lines": [ 21.668666, 21.525527, 21.374829, 21.555213 ] }, { "date": "2025-06-20", "close": 21.17, "volume": 4414, "typical_volume": 20579.45, "trend": 21.7577, "fair_value": 19.268545, "relative_strength": -10.793003, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.710971, "energy": 13.807944, "activity_lines": [ 21.489333, 21.521727, 21.334919, 21.515845 ] }, { "date": "2025-06-27", "close": 21.450001, "volume": 15213, "typical_volume": 21086.4, "trend": 21.731533, "fair_value": 19.300365, "relative_strength": -10.523, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.439716, "energy": 12.631605, "activity_lines": [ 21.450334, 21.532364, 21.328438, 21.495994 ] }, { "date": "2025-07-04", "close": 21.405001, "volume": 10140, "typical_volume": 21170.1, "trend": 21.685033, "fair_value": 19.327077, "relative_strength": -10.212164, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.452523, "energy": 17.871577, "activity_lines": [ 21.405001, 21.514728, 21.324148, 21.474927 ] }, { "date": "2025-07-11", "close": 20.995001, "volume": 47205, "typical_volume": 23326.6, "trend": 21.635367, "fair_value": 19.352199, "relative_strength": -12.650267, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.100427, "energy": 29.803067, "activity_lines": [ 21.251667, 21.411728, 21.287024, 21.430409 ] }, { "date": "2025-07-18", "close": 21.084999, "volume": 19063, "typical_volume": 23867.3, "trend": 21.605533, "fair_value": 19.374449, "relative_strength": -12.509259, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.701702, "energy": 40.78449, "activity_lines": [ 21.179334, 21.331727, 21.267733, 21.394901 ] }, { "date": "2025-07-25", "close": 21.885, "volume": 46876, "typical_volume": 25827.8, "trend": 21.5947, "fair_value": 19.399635, "relative_strength": -9.891206, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.400828, "energy": 9.161304, "activity_lines": [ 21.400667, 21.408182, 21.331562, 21.412931 ] }, { "date": "2025-08-01", "close": 21.825001, "volume": 87961, "typical_volume": 29468.0, "trend": 21.5827, "fair_value": 19.425128, "relative_strength": -8.179655, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.582335, "energy": 5.267452, "activity_lines": [ 21.554334, 21.473546, 21.38901, 21.427789 ] }, { "date": "2025-08-08", "close": 22.795, "volume": 87929, "typical_volume": 33614.15, "trend": 21.619367, "fair_value": 19.455147, "relative_strength": -7.734886, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 52.701231, "energy": 60.259378, "activity_lines": [ 22.006334, 21.710818, 21.538743, 21.506002 ] }, { "date": "2025-08-15", "close": 23.17, "volume": 799, "typical_volume": 33063.4, "trend": 21.661033, "fair_value": 19.487404, "relative_strength": -8.202472, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 58.288895, "energy": 77.537854, "activity_lines": [ 22.490667, 21.998818, 21.720429, 21.606043 ] }, { "date": "2025-08-22", "close": 23.360001, "volume": 946, "typical_volume": 32635.25, "trend": 21.697367, "fair_value": 19.522404, "relative_strength": -8.559193, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 84.253844, "energy": 92.553182, "activity_lines": [ 22.893334, 22.295728, 21.912234, 21.715654 ] }, { "date": "2025-08-29", "close": 22.790001, "volume": 452, "typical_volume": 29771.05, "trend": 21.704033, "fair_value": 19.557853, "relative_strength": -8.145522, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.645167, "energy": 87.267722, "activity_lines": [ 22.954334, 22.455, 22.030096, 21.786147 ] }, { "date": "2025-09-05", "close": 22.959999, "volume": 45, "typical_volume": 28836.1, "trend": 21.709034, "fair_value": 19.595186, "relative_strength": -5.943346, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.010985, "energy": 85.554706, "activity_lines": [ 23.011667, 22.615727, 22.146881, 21.867177 ] }, { "date": "2025-09-12", "close": 23.5, "volume": 11719, "typical_volume": 29076.95, "trend": 21.735367, "fair_value": 19.635814, "relative_strength": -5.629912, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.280738, "energy": 86.239017, "activity_lines": [ 23.173333, 22.847182, 22.302643, 21.982723 ] }, { "date": "2025-09-19", "close": 23.41, "volume": 18946, "typical_volume": 25261.5, "trend": 21.751034, "fair_value": 19.679019, "relative_strength": -5.161476, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.454338, "energy": 64.557691, "activity_lines": [ 23.258, 23.024182, 22.437024, 22.090764 ] }, { "date": "2025-09-26", "close": 23.41, "volume": 4913, "typical_volume": 22870.5, "trend": 21.780033, "fair_value": 19.72384, "relative_strength": -5.666767, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.918405, "energy": 64.455594, "activity_lines": [ 23.326667, 23.157273, 22.561643, 22.197794 ] }, { "date": "2025-10-03", "close": 23.875, "volume": 14226, "typical_volume": 22167.65, "trend": 21.851033, "fair_value": 19.77, "relative_strength": -4.834046, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.119401, "energy": 72.644327, "activity_lines": [ 23.547, 23.332636, 22.722357, 22.332953 ] }, { "date": "2025-10-10", "close": 23.475, "volume": 68187, "typical_volume": 24312.0, "trend": 21.9067, "fair_value": 19.816122, "relative_strength": -3.472575, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.859752, "energy": 58.499395, "activity_lines": [ 23.561667, 23.399091, 22.835453, 22.437725 ] }, { "date": "2025-10-17", "close": 24.115, "volume": 51247, "typical_volume": 24845.45, "trend": 21.977033, "fair_value": 19.867013, "relative_strength": -0.00782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.351316, "energy": 63.470548, "activity_lines": [ 23.755333, 23.551909, 23.000476, 22.580196 ] }, { "date": "2025-10-24", "close": 24.275, "volume": 892, "typical_volume": 24577.85, "trend": 22.0697, "fair_value": 19.918045, "relative_strength": -0.960437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.634537, "energy": 67.38094, "activity_lines": [ 23.961333, 23.709818, 23.169881, 22.728452 ] }, { "date": "2025-10-31", "close": 25.030001, "volume": 62159, "typical_volume": 27666.6, "trend": 22.262967, "fair_value": 19.973006, "relative_strength": 0.598216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.733675, "energy": 80.493199, "activity_lines": [ 24.361334, 23.984909, 23.399214, 22.919439 ] }, { "date": "2025-11-07", "close": 24.254999, "volume": 28930, "typical_volume": 28892.4, "trend": 22.432667, "fair_value": 20.018128, "relative_strength": -1.662269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.842426, "energy": 80.313501, "activity_lines": [ 24.395, 24.088727, 23.537881, 23.047957 ] }, { "date": "2025-11-14", "close": 24.674999, "volume": 5013, "typical_volume": 28382.4, "trend": 22.577, "fair_value": 20.066699, "relative_strength": -2.188466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.051321, "energy": 81.293346, "activity_lines": [ 24.543333, 24.242273, 23.701857, 23.192624 ] }, { "date": "2025-11-21", "close": 23.844999, "volume": 1663, "typical_volume": 27958.55, "trend": 22.678167, "fair_value": 20.107782, "relative_strength": -2.219376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.274851, "energy": 56.225192, "activity_lines": [ 24.334999, 24.213727, 23.771428, 23.27443 ] }, { "date": "2025-11-28", "close": 24.379999, "volume": 1269, "typical_volume": 25661.75, "trend": 22.778833, "fair_value": 20.153179, "relative_strength": -1.285638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.977833, "energy": 47.655597, "activity_lines": [ 24.322999, 24.276181, 23.880333, 23.384226 ] }, { "date": "2025-12-05", "close": 24.495001, "volume": 14730, "typical_volume": 25445.1, "trend": 22.872333, "fair_value": 20.200468, "relative_strength": -0.684599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.297263, "energy": 45.789738, "activity_lines": [ 24.342333, 24.341909, 23.984071, 23.494946 ] }, { "date": "2025-12-12", "close": 24.235001, "volume": 8105, "typical_volume": 23506.55, "trend": 22.951, "fair_value": 20.248974, "relative_strength": -1.630108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.41285, "energy": 33.727045, "activity_lines": [ 24.310667, 24.340636, 24.046809, 23.58286 ] }, { "date": "2025-12-19", "close": 24.219999, "volume": 15445, "typical_volume": 19880.75, "trend": 23.039, "fair_value": 20.298013, "relative_strength": -4.065548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.965745, "energy": 33.780807, "activity_lines": [ 24.275333, 24.330091, 24.096928, 23.664731 ] }, { "date": "2025-12-26", "close": 24.305, "volume": 14183, "typical_volume": 16193.45, "trend": 23.121333, "fair_value": 20.348724, "relative_strength": -3.054982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.860012, "energy": 29.754987, "activity_lines": [ 24.298667, 24.321454, 24.143738, 23.746409 ] }, { "date": "2026-01-02", "close": 24.295, "volume": 10331, "typical_volume": 16670.05, "trend": 23.205833, "fair_value": 20.398615, "relative_strength": -4.357876, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.805441, "energy": 26.001113, "activity_lines": [ 24.288, 24.307545, 24.182405, 23.822129 ] }, { "date": "2026-01-09", "close": 25.445, "volume": 40286, "typical_volume": 18637.05, "trend": 23.337667, "fair_value": 20.454404, "relative_strength": -0.375358, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.659825, "energy": 51.003643, "activity_lines": [ 24.666333, 24.502364, 24.325238, 23.966591 ] }, { "date": "2026-01-16", "close": 25.504999, "volume": 15506, "typical_volume": 19389.75, "trend": 23.482167, "fair_value": 20.508397, "relative_strength": -0.153749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.364912, "energy": 76.837949, "activity_lines": [ 25.001333, 24.700545, 24.463857, 24.106419 ] }, { "date": "2026-01-23", "close": 24.780001, "volume": 40765, "typical_volume": 21425.75, "trend": 23.593167, "fair_value": 20.555795, "relative_strength": -0.683537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.301851, "energy": 68.269689, "activity_lines": [ 25.01, 24.744182, 24.5205, 24.19015 ] }, { "date": "2026-01-30", "close": 24.9, "volume": 47220, "typical_volume": 23200.8, "trend": 23.709667, "fair_value": 20.604038, "relative_strength": -1.479417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.749354, "energy": 69.709329, "activity_lines": [ 25.021333, 24.807727, 24.579905, 24.274462 ] }, { "date": "2026-02-06", "close": 25.860001, "volume": 7119, "typical_volume": 22609.45, "trend": 23.871833, "fair_value": 20.657667, "relative_strength": 1.72116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.65362, "energy": 74.728843, "activity_lines": [ 25.313, 25.026637, 24.724071, 24.413194 ] }, { "date": "2026-02-13", "close": 26.959999, "volume": 27317, "typical_volume": 23729.65, "trend": 24.067667, "fair_value": 20.721628, "relative_strength": 7.106034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.770555, "energy": 82.637477, "activity_lines": [ 25.867, 25.418636, 24.961333, 24.61243 ] }, { "date": "2026-02-20", "close": 26.325001, "volume": 1394, "typical_volume": 23088.05, "trend": 24.215667, "fair_value": 20.783006, "relative_strength": 2.347145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.670857, "energy": 85.485231, "activity_lines": [ 26.108334, 25.650364, 25.121214, 24.758065 ] }, { "date": "2026-02-27", "close": 26.805, "volume": 18108, "typical_volume": 20584.1, "trend": 24.381667, "fair_value": 20.844987, "relative_strength": 2.641069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.775223, "energy": 90.92497, "activity_lines": [ 26.455, 25.931364, 25.315143, 24.925118 ] }, { "date": "2026-03-06", "close": 25.195, "volume": 7197, "typical_volume": 18381.6, "trend": 24.461667, "fair_value": 20.896506, "relative_strength": 3.132293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.534067, "energy": 55.806504, "activity_lines": [ 26.13, 25.872637, 25.339881, 24.977591 ] }, { "date": "2026-03-13", "close": 24.825001, "volume": 37158, "typical_volume": 20194.9, "trend": 24.516833, "fair_value": 20.946833, "relative_strength": 1.25322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.074347, "energy": 28.973707, "activity_lines": [ 25.662, 25.730455, 25.324238, 25.001032 ] }, { "date": "2026-03-20", "close": 23.969999, "volume": 41393, "typical_volume": 19156.6, "trend": 24.537167, "fair_value": 20.990449, "relative_strength": 1.149035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 4.468874, "energy": 14.932215, "activity_lines": [ 24.978, 25.423182, 25.224548, 24.965753 ] }, { "date": "2026-03-27", "close": 23.934999, "volume": 97033, "typical_volume": 22561.75, "trend": 24.575333, "fair_value": 21.03216, "relative_strength": -0.240549, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.558107, "energy": 31.256255, "activity_lines": [ 24.481666, 25.136364, 25.126571, 24.926903 ] }, { "date": "2026-04-03", "close": 24.985001, "volume": 8940, "typical_volume": 22758.1, "trend": 24.642833, "fair_value": 21.083128, "relative_strength": -0.964942, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.363574, "energy": 27.941122, "activity_lines": [ 24.494667, 25.069, 25.130119, 24.953333 ] }, { "date": "2026-04-10", "close": 25.575001, "volume": 3729, "typical_volume": 22861.4, "trend": 24.712, "fair_value": 21.136712, "relative_strength": -2.762928, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.564121, "energy": 19.623524, "activity_lines": [ 24.825667, 25.105182, 25.188381, 25.013473 ] }, { "date": "2026-04-17", "close": 26.615, "volume": 26056, "typical_volume": 24100.75, "trend": 24.818833, "fair_value": 21.196038, "relative_strength": -1.346304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.600952, "energy": 24.907414, "activity_lines": [ 25.478, 25.318182, 25.337453, 25.136247 ] }, { "date": "2026-04-24", "close": 25.924999, "volume": 7837, "typical_volume": 23756.1, "trend": 24.902667, "fair_value": 21.251968, "relative_strength": -1.412675, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.004487, "energy": 32.175893, "activity_lines": [ 25.781, 25.392, 25.410167, 25.207613 ] }, { "date": "2026-05-01", "close": 26.135, "volume": 9988, "typical_volume": 23850.25, "trend": 24.978, "fair_value": 21.307192, "relative_strength": -1.7761, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.656764, "energy": 41.410456, "activity_lines": [ 26.023667, 25.522818, 25.496071, 25.287118 ] }, { "date": "2026-05-08", "close": 27.115, "volume": 13528, "typical_volume": 23754.4, "trend": 25.099333, "fair_value": 21.365878, "relative_strength": -0.248572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.602801, "energy": 67.417885, "activity_lines": [ 26.446333, 25.835273, 25.666262, 25.424989 ] }, { "date": "2026-05-15", "close": 26.915001, "volume": 31373, "typical_volume": 24613.9, "trend": 25.192667, "fair_value": 21.42041, "relative_strength": -0.667979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.144638, "energy": 67.343624, "activity_lines": [ 26.660334, 26.105727, 25.803619, 25.542129 ] }, { "date": "2026-05-22", "close": 27.42, "volume": 622, "typical_volume": 24128.45, "trend": 25.2975, "fair_value": 21.478808, "relative_strength": 0.363435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.447987, "energy": 71.700102, "activity_lines": [ 26.953334, 26.436727, 25.976643, 25.685828 ] }, { "date": "2026-05-29", "close": 27.879999, "volume": 18949, "typical_volume": 23061.6, "trend": 25.3925, "fair_value": 21.537897, "relative_strength": 0.930435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.971054, "energy": 77.465971, "activity_lines": [ 27.346, 26.804182, 26.178595, 25.852441 ] }, { "date": "2026-06-05", "close": 27.785, "volume": 100359, "typical_volume": 27304.25, "trend": 25.510167, "fair_value": 21.595391, "relative_strength": 0.80324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.229603, "energy": 79.629416, "activity_lines": [ 27.576667, 27.083273, 26.359905, 26.006796 ] }, { "date": "2026-06-12", "close": 27.639999, "volume": 427, "typical_volume": 25287.35, "trend": 25.609, "fair_value": 21.652558, "relative_strength": -2.818588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.673988, "energy": 76.913876, "activity_lines": [ 27.649, 27.266, 26.516548, 26.144204 ] }, { "date": "2026-06-19", "close": 29.25, "volume": 0, "typical_volume": 22926.35, "trend": 25.789167, "fair_value": 21.725186, "relative_strength": 0.162921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.067193, "energy": 89.267634, "activity_lines": [ 28.223, 27.693182, 26.812905, 26.379107 ] }, { "date": "2026-06-26", "close": 28.504999, "volume": 2746, "typical_volume": 22707.7, "trend": 25.926667, "fair_value": 21.791269, "relative_strength": 0.570738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.362023, "energy": 81.481399, "activity_lines": [ 28.392999, 27.918091, 27.017595, 26.554322 ] }, { "date": "2026-07-03", "close": 28.780001, "volume": 185, "typical_volume": 21351.1, "trend": 26.0695, "fair_value": 21.860397, "relative_strength": -1.462402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.391429, "energy": 82.63845, "activity_lines": [ 28.582333, 28.158636, 27.235881, 26.738409 ] }, { "date": "2026-07-10", "close": 28.915001, "volume": 28288, "typical_volume": 22695.8, "trend": 26.2255, "fair_value": 21.931199, "relative_strength": -0.703255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.70646, "energy": 83.464229, "activity_lines": [ 28.756667, 28.371818, 27.458357, 26.921989 ] }, { "date": "2026-07-17", "close": 27.549999, "volume": 35078, "typical_volume": 23544.3, "trend": 26.3365, "fair_value": 21.993019, "relative_strength": -4.082514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.140842, "energy": 52.703053, "activity_lines": [ 28.400667, 28.286273, 27.5385, 27.007441 ] }, { "date": "2026-07-24", "close": 27.9, "volume": 2796, "typical_volume": 23324.25, "trend": 26.456333, "fair_value": 22.053211, "relative_strength": -2.718061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.600755, "energy": 40.385554, "activity_lines": [ 28.167333, 28.256454, 27.648428, 27.108312 ] }, { "date": "2026-07-31", "close": 27.92, "volume": 13932, "typical_volume": 22162.95, "trend": 26.577167, "fair_value": 22.117801, "relative_strength": -3.302765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.443384, "energy": 29.630614, "activity_lines": [ 28.030667, 28.212364, 27.747381, 27.202742 ] }, { "date": "2026-08-07", "close": 29.485001, "volume": 75268, "typical_volume": 23856.7, "trend": 26.711833, "fair_value": 22.192897, "relative_strength": -0.822098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.318072, "energy": 43.609413, "activity_lines": [ 28.454667, 28.443727, 27.980643, 27.390344 ] } ], "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." } } }