{ "ticker": { "uuid": "f30a7b61-286b-4bea-9812-5281d4edf31e", "symbol": "VJPA", "name": "Vanguard FTSE Japan UCITS ETF USD Accumulation", "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": 61.162, "architecture_energy": 34.534, "architecture_maturity": 59.395, "architecture_confidence": 77.962, "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": 24.28, "rotation_up": 38.7, "upward_expansion": 66.06, "deceleration": 85.44, "rotation_down": 27.06, "downward_expansion": 16.06 }, "activity_lines": [ 41.755667, 41.816091, 41.240286, 40.529828 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 42.860001, "trend_reference": 39.6725, "distance_from_trend": 0.080345, "trend_direction": "Improving", "fair_value": 32.414583, "distance_from_fair_value": 0.322244, "fair_value_direction": "Improving", "relative_strength": -1.827733, "relative_strength_direction": "Weakening", "price_momentum": 0.114549, "excess_performance": -0.056342, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080345, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.056534, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.322244, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.036487, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.018277, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.025862, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.114549, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.636952, "read": "Demand-led" } ], "volume": { "latest": 65537, "relative_activity": 1.028274, "balance": 2.636952, "dry_up": 1.206198, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.029416, "annualized_volatility": 0.191701, "from_high_reference": -0.002676, "from_low_reference": 0.300956 }, "levels": { "trend_reference": 39.6725, "fair_value_reference": 32.414583, "structural_low": 35.919998, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": 0.013479, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.001873, "regime_survival": 0.571429, "best_return": 0.085023, "worst_return": -0.034721, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.014219, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.025453, "regime_survival": 0.0, "best_return": 0.153889, "worst_return": -0.072088, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.015874, "positive_rate": 0.25, "directional_follow_through": 0.25, "median_excess_return": -0.018528, "regime_survival": 0.0, "best_return": 0.108387, "worst_return": -0.084589, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.016991, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.053742, "regime_survival": 0.0, "best_return": 0.27269, "worst_return": -0.127167, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-23", "tenure": "New", "return": 0.088, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-11-29", "tenure": "Established", "return": 0.014026, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-10", "tenure": "Developing", "return": -0.035375, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.03008, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": -0.036417, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.0009, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.075157, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.013583, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-06-13", "tenure": "New", "return": -0.012662, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-08-15", "tenure": "Developing", "return": 0.083903, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2026-03-20", "tenure": "Extended", "return": 0.079508, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.044518, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-31", "tenure": "Established", "return": 0.060274, "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": 25.639999, "volume": 1906, "typical_volume": 15305.05, "trend": 25.643833, "fair_value": 25.196859, "relative_strength": -5.89441, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.571006, "energy": 14.099596, "activity_lines": [ 26.212666, 26.297727, 26.275071, 25.995602 ] }, { "date": "2023-08-25", "close": 26.08, "volume": 1873, "typical_volume": 15252.2, "trend": 25.676333, "fair_value": 25.224712, "relative_strength": -5.3536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.891601, "energy": 14.899691, "activity_lines": [ 26.119, 26.242091, 26.281762, 26.023742 ] }, { "date": "2023-09-01", "close": 26.969999, "volume": 36352, "typical_volume": 15944.65, "trend": 25.744333, "fair_value": 25.258718, "relative_strength": -3.290706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.577819, "energy": 21.569142, "activity_lines": [ 26.336999, 26.367091, 26.366405, 26.107204 ] }, { "date": "2023-09-08", "close": 27.08, "volume": 9525, "typical_volume": 16267.55, "trend": 25.805167, "fair_value": 25.292532, "relative_strength": -1.170221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.094857, "energy": 33.220496, "activity_lines": [ 26.606666, 26.496909, 26.451333, 26.193376 ] }, { "date": "2023-09-15", "close": 27.82, "volume": 34364, "typical_volume": 17639.2, "trend": 25.9055, "fair_value": 25.327724, "relative_strength": -0.509774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.812808, "energy": 73.50961, "activity_lines": [ 27.075333, 26.750454, 26.59669, 26.323366 ] }, { "date": "2023-09-22", "close": 27.355, "volume": 30704, "typical_volume": 18811.55, "trend": 25.9985, "fair_value": 25.361763, "relative_strength": -0.724501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.527628, "energy": 74.153961, "activity_lines": [ 27.287667, 26.891454, 26.683286, 26.416882 ] }, { "date": "2023-09-29", "close": 26.870001, "volume": 67399, "typical_volume": 21670.95, "trend": 26.058667, "fair_value": 25.392692, "relative_strength": -0.973842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.808278, "energy": 68.9969, "activity_lines": [ 27.224, 26.920364, 26.713119, 26.473108 ] }, { "date": "2023-10-06", "close": 26.225, "volume": 34564, "typical_volume": 18451.2, "trend": 26.096, "fair_value": 25.416026, "relative_strength": -1.462737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.364831, "energy": 31.981486, "activity_lines": [ 26.892667, 26.821727, 26.676595, 26.483839 ] }, { "date": "2023-10-13", "close": 26.594999, "volume": 25864, "typical_volume": 19618.8, "trend": 26.168333, "fair_value": 25.442628, "relative_strength": -1.241472, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.918271, "energy": 15.614238, "activity_lines": [ 26.734333, 26.808, 26.675095, 26.516032 ] }, { "date": "2023-10-20", "close": 25.775, "volume": 21678, "typical_volume": 19705.8, "trend": 26.204833, "fair_value": 25.464487, "relative_strength": -0.944228, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.449869, "energy": 16.634553, "activity_lines": [ 26.335, 26.641, 26.593262, 26.490656 ] }, { "date": "2023-10-27", "close": 25.73, "volume": 28202, "typical_volume": 20825.65, "trend": 26.223167, "fair_value": 25.485673, "relative_strength": -0.676179, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.971014, "energy": 31.800235, "activity_lines": [ 26.057, 26.475364, 26.512, 26.460021 ] }, { "date": "2023-11-03", "close": 27.155001, "volume": 55038, "typical_volume": 22425.2, "trend": 26.306667, "fair_value": 25.511571, "relative_strength": -0.097034, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.366691, "energy": 20.377684, "activity_lines": [ 26.362334, 26.567182, 26.572667, 26.52014 ] }, { "date": "2023-11-10", "close": 26.395, "volume": 41615, "typical_volume": 24344.25, "trend": 26.358833, "fair_value": 25.528397, "relative_strength": -2.160075, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.405423, "energy": 11.892149, "activity_lines": [ 26.395334, 26.501273, 26.560762, 26.525839 ] }, { "date": "2023-11-17", "close": 26.77, "volume": 66106, "typical_volume": 27194.2, "trend": 26.418833, "fair_value": 25.545833, "relative_strength": -3.958648, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.188702, "energy": 13.017982, "activity_lines": [ 26.542, 26.514, 26.583333, 26.552366 ] }, { "date": "2023-11-24", "close": 26.805, "volume": 186806, "typical_volume": 34908.05, "trend": 26.486333, "fair_value": 25.561282, "relative_strength": -3.420045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.58767, "energy": 23.148717, "activity_lines": [ 26.688667, 26.538727, 26.607881, 26.57728 ] }, { "date": "2023-12-01", "close": 27.145, "volume": 54908, "typical_volume": 37070.8, "trend": 26.553333, "fair_value": 25.580256, "relative_strength": -3.632951, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.164368, "energy": 29.983989, "activity_lines": [ 26.88, 26.643727, 26.66231, 26.619774 ] }, { "date": "2023-12-08", "close": 27.315001, "volume": 54929, "typical_volume": 39398.55, "trend": 26.602667, "fair_value": 25.600128, "relative_strength": -4.331843, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.79521, "energy": 48.103043, "activity_lines": [ 27.033667, 26.783455, 26.727667, 26.668914 ] }, { "date": "2023-12-15", "close": 27.280001, "volume": 24549, "typical_volume": 40045.75, "trend": 26.639333, "fair_value": 25.61891, "relative_strength": -4.142117, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.491802, "energy": 56.134945, "activity_lines": [ 27.165001, 26.908728, 26.784881, 26.712613 ] }, { "date": "2023-12-22", "close": 27.360001, "volume": 27374, "typical_volume": 41147.35, "trend": 26.6805, "fair_value": 25.640705, "relative_strength": -3.589259, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.548783, "energy": 59.691168, "activity_lines": [ 27.264001, 27.029364, 26.84931, 26.759108 ] }, { "date": "2023-12-29", "close": 27.559999, "volume": 23430, "typical_volume": 41359.3, "trend": 26.706, "fair_value": 25.661186, "relative_strength": -2.67411, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.318176, "energy": 61.229128, "activity_lines": [ 27.390334, 27.172455, 26.928048, 26.81585 ] }, { "date": "2024-01-05", "close": 27.735001, "volume": 24525, "typical_volume": 42490.25, "trend": 26.729333, "fair_value": 25.677404, "relative_strength": -2.264989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.356828, "energy": 66.417567, "activity_lines": [ 27.524667, 27.31491, 27.017453, 26.882237 ] }, { "date": "2024-01-12", "close": 28.764999, "volume": 23431, "typical_volume": 43568.15, "trend": 26.784333, "fair_value": 25.698782, "relative_strength": 1.264042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.422921, "energy": 82.11624, "activity_lines": [ 27.963, 27.608182, 27.194976, 27.01357 ] }, { "date": "2024-01-19", "close": 28.43, "volume": 49396, "typical_volume": 44220.35, "trend": 26.860833, "fair_value": 25.718782, "relative_strength": 0.742798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.240187, "energy": 80.648657, "activity_lines": [ 28.193, 27.811273, 27.32781, 27.119742 ] }, { "date": "2024-01-26", "close": 28.584999, "volume": 32785, "typical_volume": 45383.35, "trend": 26.930833, "fair_value": 25.740481, "relative_strength": 0.993432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.226041, "energy": 82.55119, "activity_lines": [ 28.398, 28.005545, 27.468452, 27.230979 ] }, { "date": "2024-02-02", "close": 29.055, "volume": 96077, "typical_volume": 48469.0, "trend": 27.023333, "fair_value": 25.76218, "relative_strength": 1.47744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.148963, "energy": 91.928337, "activity_lines": [ 28.678, 28.252273, 27.646691, 27.368022 ] }, { "date": "2024-02-09", "close": 29.040001, "volume": 39761, "typical_volume": 48921.85, "trend": 27.123333, "fair_value": 25.779327, "relative_strength": -0.012993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.215459, "energy": 89.812508, "activity_lines": [ 28.853333, 28.455364, 27.817619, 27.498129 ] }, { "date": "2024-02-16", "close": 29.725, "volume": 83830, "typical_volume": 49743.4, "trend": 27.237333, "fair_value": 25.801346, "relative_strength": 0.399234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.361358, "energy": 94.481669, "activity_lines": [ 29.17, 28.748545, 28.045762, 27.665979 ] }, { "date": "2024-02-23", "close": 30.135, "volume": 64136, "typical_volume": 51222.0, "trend": 27.335333, "fair_value": 25.832532, "relative_strength": -1.254912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.631642, "energy": 95.178844, "activity_lines": [ 29.559333, 29.072455, 28.299357, 27.852925 ] }, { "date": "2024-03-01", "close": 30.559999, "volume": 49494, "typical_volume": 52403.5, "trend": 27.475167, "fair_value": 25.866378, "relative_strength": -0.626253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.813128, "energy": 95.373086, "activity_lines": [ 29.976666, 29.421727, 28.57481, 28.060968 ] }, { "date": "2024-03-08", "close": 30.764999, "volume": 57485, "typical_volume": 54193.85, "trend": 27.624, "fair_value": 25.898205, "relative_strength": -1.36884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.230759, "energy": 94.374386, "activity_lines": [ 30.330666, 29.750091, 28.850905, 28.273215 ] }, { "date": "2024-03-15", "close": 30.190001, "volume": 51706, "typical_volume": 55369.05, "trend": 27.775667, "fair_value": 25.920994, "relative_strength": -4.60617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.210345, "energy": 82.784942, "activity_lines": [ 30.379, 29.915636, 29.048476, 28.438763 ] }, { "date": "2024-03-22", "close": 31.41, "volume": 42286, "typical_volume": 54731.45, "trend": 27.953333, "fair_value": 25.952083, "relative_strength": -1.840553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.452011, "energy": 76.645352, "activity_lines": [ 30.757333, 30.258364, 29.341, 28.673237 ] }, { "date": "2024-03-29", "close": 31.23, "volume": 36353, "typical_volume": 54468.35, "trend": 28.095333, "fair_value": 25.98375, "relative_strength": -3.483644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.999455, "energy": 70.456075, "activity_lines": [ 30.963333, 30.520273, 29.596119, 28.884634 ] }, { "date": "2024-04-05", "close": 30.549999, "volume": 26100, "typical_volume": 52468.05, "trend": 28.211, "fair_value": 26.011506, "relative_strength": -3.518684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.40638, "energy": 64.366985, "activity_lines": [ 30.869666, 30.607636, 29.763452, 29.043 ] }, { "date": "2024-04-12", "close": 30.905001, "volume": 70024, "typical_volume": 46628.95, "trend": 28.313833, "fair_value": 26.042083, "relative_strength": -1.733188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.935276, "energy": 64.932047, "activity_lines": [ 30.895, 30.723818, 29.946595, 29.216806 ] }, { "date": "2024-04-19", "close": 29.725, "volume": 72472, "typical_volume": 47507.15, "trend": 28.392833, "fair_value": 26.069936, "relative_strength": -5.879389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.192346, "energy": 46.253312, "activity_lines": [ 30.517667, 30.591818, 29.997833, 29.307849 ] }, { "date": "2024-04-26", "close": 29.725, "volume": 62636, "typical_volume": 47892.5, "trend": 28.488, "fair_value": 26.099103, "relative_strength": -6.689613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.135813, "energy": 27.825521, "activity_lines": [ 30.171333, 30.447364, 30.036786, 29.393796 ] }, { "date": "2024-05-03", "close": 30.309999, "volume": 37679, "typical_volume": 48549.0, "trend": 28.624167, "fair_value": 26.130256, "relative_strength": -3.060671, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.216688, "energy": 24.871205, "activity_lines": [ 30.132333, 30.409273, 30.119976, 29.511344 ] }, { "date": "2024-05-10", "close": 29.950001, "volume": 61171, "typical_volume": 50238.85, "trend": 28.736, "fair_value": 26.162244, "relative_strength": -6.898244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.433445, "energy": 25.251458, "activity_lines": [ 30.034667, 30.302546, 30.154452, 29.596882 ] }, { "date": "2024-05-17", "close": 29.895, "volume": 165949, "typical_volume": 57364.8, "trend": 28.873333, "fair_value": 26.193558, "relative_strength": -8.815396, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.992706, "energy": 20.688584, "activity_lines": [ 29.958667, 30.196909, 30.171357, 29.671656 ] }, { "date": "2024-05-24", "close": 29.805, "volume": 31981, "typical_volume": 57737.6, "trend": 29.009167, "fair_value": 26.222212, "relative_strength": -6.475548, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.646578, "energy": 12.933948, "activity_lines": [ 29.92, 30.090727, 30.168571, 29.731763 ] }, { "date": "2024-05-31", "close": 29.92, "volume": 58746, "typical_volume": 59503.35, "trend": 29.101333, "fair_value": 26.249327, "relative_strength": -5.877503, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.248296, "energy": 12.96672, "activity_lines": [ 29.914333, 30.012455, 30.166881, 29.790527 ] }, { "date": "2024-06-07", "close": 30.1, "volume": 21154, "typical_volume": 58091.25, "trend": 29.224833, "fair_value": 26.27734, "relative_strength": -5.520069, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.472854, "energy": 10.690901, "activity_lines": [ 29.955667, 29.994, 30.176833, 29.854957 ] }, { "date": "2024-06-14", "close": 29.865, "volume": 50533, "typical_volume": 58978.65, "trend": 29.328, "fair_value": 26.304006, "relative_strength": -0.409694, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.331191, "energy": 8.370882, "activity_lines": [ 29.932667, 29.953364, 30.156452, 29.896258 ] }, { "date": "2024-06-21", "close": 29.395, "volume": 47546, "typical_volume": 56552.1, "trend": 29.414333, "fair_value": 26.326378, "relative_strength": -3.714865, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.619261, "energy": 9.147292, "activity_lines": [ 29.758667, 29.839727, 30.085214, 29.900581 ] }, { "date": "2024-06-28", "close": 30.375, "volume": 32604, "typical_volume": 56194.25, "trend": 29.522, "fair_value": 26.355673, "relative_strength": 0.006449, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.370529, "energy": 14.089085, "activity_lines": [ 29.944667, 29.931727, 30.10569, 29.962559 ] }, { "date": "2024-07-05", "close": 30.555, "volume": 18297, "typical_volume": 52917.6, "trend": 29.63, "fair_value": 26.385, "relative_strength": -1.772353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.002965, "energy": 20.199184, "activity_lines": [ 30.152667, 30.044636, 30.136952, 30.029204 ] }, { "date": "2024-07-12", "close": 31.094999, "volume": 40333, "typical_volume": 51727.45, "trend": 29.757167, "fair_value": 26.418686, "relative_strength": -1.731372, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.674731, "energy": 44.799868, "activity_lines": [ 30.498333, 30.240636, 30.21569, 30.12372 ] }, { "date": "2024-07-19", "close": 30.605, "volume": 75749, "typical_volume": 53040.2, "trend": 29.865333, "fair_value": 26.447564, "relative_strength": -2.212867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.009465, "energy": 48.005509, "activity_lines": [ 30.614333, 30.333273, 30.24319, 30.178419 ] }, { "date": "2024-07-26", "close": 30.08, "volume": 116430, "typical_volume": 55987.45, "trend": 29.949333, "fair_value": 26.475449, "relative_strength": -2.675988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.896927, "energy": 42.077939, "activity_lines": [ 30.506, 30.318545, 30.220476, 30.192269 ] }, { "date": "2024-08-02", "close": 28.125, "volume": 191185, "typical_volume": 62961.4, "trend": 29.962333, "fair_value": 26.488718, "relative_strength": -3.816789, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -41.788496, "energy": 34.120423, "activity_lines": [ 29.700333, 29.945, 30.014833, 30.07457 ] }, { "date": "2024-08-09", "close": 28.415001, "volume": 73729, "typical_volume": 64533.55, "trend": 29.950667, "fair_value": 26.502115, "relative_strength": -2.025932, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.496087, "energy": 51.085379, "activity_lines": [ 29.141334, 29.654727, 29.846643, 29.974742 ] }, { "date": "2024-08-16", "close": 30.035, "volume": 35044, "typical_volume": 64468.1, "trend": 30.004167, "fair_value": 26.530128, "relative_strength": -0.355746, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -50.253254, "energy": 39.00367, "activity_lines": [ 29.265, 29.686364, 29.847, 29.980183 ] }, { "date": "2024-08-23", "close": 30.6, "volume": 10386, "typical_volume": 63682.4, "trend": 30.071333, "fair_value": 26.559295, "relative_strength": -0.286643, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -34.497294, "energy": 26.898406, "activity_lines": [ 29.647667, 29.821909, 29.906857, 30.018624 ] }, { "date": "2024-08-30", "close": 31.014999, "volume": 12173, "typical_volume": 60789.85, "trend": 30.136667, "fair_value": 26.583942, "relative_strength": -0.978588, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.141355, "energy": 11.680216, "activity_lines": [ 30.169, 30.019545, 30.006, 30.079505 ] }, { "date": "2024-09-06", "close": 29.469999, "volume": 60372, "typical_volume": 60184.85, "trend": 30.151, "fair_value": 26.593718, "relative_strength": -2.701474, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.312308, "energy": 20.925293, "activity_lines": [ 30.112999, 29.906818, 29.957476, 30.036495 ] }, { "date": "2024-09-13", "close": 30.370001, "volume": 76475, "typical_volume": 60876.8, "trend": 30.1725, "fair_value": 26.607628, "relative_strength": -0.435234, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.56648, "energy": 11.793487, "activity_lines": [ 30.267333, 29.974182, 29.995881, 30.050624 ] }, { "date": "2024-09-20", "close": 30.58, "volume": 32424, "typical_volume": 60614.05, "trend": 30.187333, "fair_value": 26.624295, "relative_strength": -0.214041, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.329876, "energy": 14.665099, "activity_lines": [ 30.361333, 30.083091, 30.051214, 30.076914 ] }, { "date": "2024-09-27", "close": 30.83, "volume": 140724, "typical_volume": 64591.7, "trend": 30.196333, "fair_value": 26.648494, "relative_strength": -2.061825, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.515461, "energy": 23.399396, "activity_lines": [ 30.502333, 30.246818, 30.129071, 30.118376 ] }, { "date": "2024-10-04", "close": 31.26, "volume": 69341, "typical_volume": 59761.3, "trend": 30.212833, "fair_value": 26.678622, "relative_strength": 2.680439, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.30171, "energy": 37.813597, "activity_lines": [ 30.771333, 30.484636, 30.24369, 30.187 ] }, { "date": "2024-10-11", "close": 31.030001, "volume": 79823, "typical_volume": 62153.4, "trend": 30.240833, "fair_value": 26.704904, "relative_strength": -0.11699, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.435977, "energy": 38.910712, "activity_lines": [ 30.947334, 30.659182, 30.329905, 30.23972 ] }, { "date": "2024-10-18", "close": 30.865, "volume": 31016, "typical_volume": 60766.9, "trend": 30.222667, "fair_value": 26.732628, "relative_strength": -3.042065, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.030433, "energy": 47.182686, "activity_lines": [ 30.964334, 30.750909, 30.394571, 30.279989 ] }, { "date": "2024-10-25", "close": 29.799999, "volume": 32128, "typical_volume": 61315.6, "trend": 30.175, "fair_value": 26.753782, "relative_strength": -5.061799, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 28.867299, "energy": 17.678267, "activity_lines": [ 30.593333, 30.604454, 30.353309, 30.25272 ] }, { "date": "2024-11-01", "close": 30.08, "volume": 38234, "typical_volume": 60700.65, "trend": 30.159333, "fair_value": 26.771058, "relative_strength": -3.730268, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 26.206982, "energy": 13.08257, "activity_lines": [ 30.367667, 30.513182, 30.340143, 30.246591 ] }, { "date": "2024-11-08", "close": 30.885, "volume": 46486, "typical_volume": 60647.65, "trend": 30.158667, "fair_value": 26.794776, "relative_strength": 1.384438, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.590505, "energy": 19.345627, "activity_lines": [ 30.460333, 30.577727, 30.402619, 30.293409 ] }, { "date": "2024-11-15", "close": 30.575001, "volume": 42778, "typical_volume": 61156.35, "trend": 30.187, "fair_value": 26.812789, "relative_strength": -0.705748, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.828399, "energy": 17.444412, "activity_lines": [ 30.474667, 30.588273, 30.428476, 30.320269 ] }, { "date": "2024-11-22", "close": 31.219999, "volume": 72476, "typical_volume": 63865.3, "trend": 30.236833, "fair_value": 26.842532, "relative_strength": 3.4516, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.756441, "energy": 31.676688, "activity_lines": [ 30.734333, 30.696, 30.514809, 30.386914 ] }, { "date": "2024-11-29", "close": 31.450001, "volume": 85483, "typical_volume": 66122.8, "trend": 30.274833, "fair_value": 26.873013, "relative_strength": 4.38708, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.986585, "energy": 53.000479, "activity_lines": [ 31.047, 30.830091, 30.619881, 30.465183 ] }, { "date": "2024-12-06", "close": 32.084999, "volume": 55525, "typical_volume": 65111.6, "trend": 30.346, "fair_value": 26.904519, "relative_strength": 2.34912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.300445, "energy": 70.412953, "activity_lines": [ 31.461333, 31.063818, 30.783738, 30.581968 ] }, { "date": "2024-12-13", "close": 31.610001, "volume": 45990, "typical_volume": 61589.6, "trend": 30.403167, "fair_value": 26.932115, "relative_strength": 0.415311, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.777427, "energy": 69.327345, "activity_lines": [ 31.583667, 31.188364, 30.89531, 30.663516 ] }, { "date": "2024-12-20", "close": 31.030001, "volume": 26298, "typical_volume": 53345.25, "trend": 30.444, "fair_value": 26.957147, "relative_strength": 1.813049, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.10988, "energy": 60.427738, "activity_lines": [ 31.464334, 31.201091, 30.944357, 30.703957 ] }, { "date": "2024-12-27", "close": 31.545, "volume": 8211, "typical_volume": 50069.35, "trend": 30.498167, "fair_value": 26.986282, "relative_strength": 2.272453, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.141224, "energy": 50.975163, "activity_lines": [ 31.486334, 31.307455, 31.028619, 30.774989 ] }, { "date": "2025-01-03", "close": 31.635, "volume": 15281, "typical_volume": 49081.2, "trend": 30.549333, "fair_value": 27.018045, "relative_strength": 2.628782, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.603273, "energy": 37.032508, "activity_lines": [ 31.516667, 31.417818, 31.106548, 30.848333 ] }, { "date": "2025-01-10", "close": 30.950001, "volume": 48280, "typical_volume": 50975.9, "trend": 30.5855, "fair_value": 27.044744, "relative_strength": -2.217056, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.677495, "energy": 22.537832, "activity_lines": [ 31.306334, 31.370273, 31.111619, 30.874183 ] }, { "date": "2025-01-17", "close": 31.25, "volume": 48158, "typical_volume": 52775.15, "trend": 30.647333, "fair_value": 27.076346, "relative_strength": -4.318706, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.508749, "energy": 21.638965, "activity_lines": [ 31.271667, 31.361455, 31.143595, 30.917054 ] }, { "date": "2025-01-24", "close": 31.605, "volume": 67117, "typical_volume": 53112.4, "trend": 30.688333, "fair_value": 27.115289, "relative_strength": -2.911885, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.376978, "energy": 24.546291, "activity_lines": [ 31.379334, 31.410546, 31.208262, 30.978839 ] }, { "date": "2025-01-31", "close": 32.189999, "volume": 44688, "typical_volume": 51523.05, "trend": 30.742833, "fair_value": 27.157981, "relative_strength": -1.716584, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.648547, "energy": 36.504206, "activity_lines": [ 31.643666, 31.547273, 31.318476, 31.075721 ] }, { "date": "2025-02-07", "close": 32.264999, "volume": 73122, "typical_volume": 53557.95, "trend": 30.781833, "fair_value": 27.199071, "relative_strength": -2.912536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.520557, "energy": 58.075123, "activity_lines": [ 31.889999, 31.68, 31.427167, 31.173925 ] }, { "date": "2025-02-14", "close": 31.965, "volume": 53825, "typical_volume": 49213.0, "trend": 30.827167, "fair_value": 27.239167, "relative_strength": -5.958618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.947623, "energy": 58.684799, "activity_lines": [ 31.994333, 31.743363, 31.499262, 31.250258 ] }, { "date": "2025-02-21", "close": 32.215, "volume": 39217, "typical_volume": 47706.8, "trend": 30.898333, "fair_value": 27.281122, "relative_strength": -6.148415, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.66077, "energy": 63.384785, "activity_lines": [ 32.114333, 31.854363, 31.589762, 31.339796 ] }, { "date": "2025-02-28", "close": 31.945, "volume": 92113, "typical_volume": 48321.3, "trend": 31.025667, "fair_value": 27.321699, "relative_strength": -7.295828, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.142344, "energy": 49.261701, "activity_lines": [ 32.08, 31.905273, 31.65, 31.407323 ] }, { "date": "2025-03-07", "close": 31.215, "volume": 68866, "typical_volume": 50213.8, "trend": 31.119, "fair_value": 27.363462, "relative_strength": -9.048671, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.401069, "energy": 20.182701, "activity_lines": [ 31.779667, 31.806818, 31.636357, 31.419538 ] }, { "date": "2025-03-14", "close": 31.475, "volume": 50413, "typical_volume": 51128.05, "trend": 31.167, "fair_value": 27.400545, "relative_strength": -8.288951, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.754958, "energy": 14.773757, "activity_lines": [ 31.631, 31.761636, 31.645809, 31.442505 ] }, { "date": "2025-03-21", "close": 32.055, "volume": 49840, "typical_volume": 51708.35, "trend": 31.2155, "fair_value": 27.439231, "relative_strength": -7.323077, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.971547, "energy": 18.864469, "activity_lines": [ 31.728333, 31.824818, 31.702524, 31.499796 ] }, { "date": "2025-03-28", "close": 31.09, "volume": 64644, "typical_volume": 52616.25, "trend": 31.218, "fair_value": 27.474744, "relative_strength": -9.234513, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 12.432867, "energy": 13.301237, "activity_lines": [ 31.498, 31.692454, 31.657929, 31.491699 ] }, { "date": "2025-04-04", "close": 27.780001, "volume": 156366, "typical_volume": 58295.65, "trend": 31.161667, "fair_value": 27.492596, "relative_strength": -9.133818, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -49.987329, "energy": 61.081576, "activity_lines": [ 30.239334, 30.961182, 31.297119, 31.269893 ] }, { "date": "2025-04-11", "close": 27.805, "volume": 247147, "typical_volume": 67029.2, "trend": 31.076167, "fair_value": 27.511667, "relative_strength": -7.19364, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.977652, "energy": 83.712628, "activity_lines": [ 29.266667, 30.304, 30.952, 31.053333 ] }, { "date": "2025-04-18", "close": 29.405001, "volume": 33873, "typical_volume": 64448.7, "trend": 31.037, "fair_value": 27.544423, "relative_strength": -7.058117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.521343, "energy": 76.329475, "activity_lines": [ 29.054667, 30.017455, 30.775524, 30.945516 ] }, { "date": "2025-04-25", "close": 30.145, "volume": 25308, "typical_volume": 62937.85, "trend": 31.014167, "fair_value": 27.5775, "relative_strength": -8.08705, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.642464, "energy": 73.391701, "activity_lines": [ 29.227334, 29.917455, 30.679262, 30.887968 ] }, { "date": "2025-05-02", "close": 30.825001, "volume": 39316, "typical_volume": 62604.15, "trend": 30.999667, "fair_value": 27.617628, "relative_strength": -8.221739, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.454297, "energy": 40.729311, "activity_lines": [ 29.754001, 29.974182, 30.657, 30.875764 ] }, { "date": "2025-05-09", "close": 31.129999, "volume": 86119, "typical_volume": 65595.2, "trend": 31.003, "fair_value": 27.658333, "relative_strength": -9.621013, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.077267, "energy": 18.475169, "activity_lines": [ 30.4, 30.111637, 30.667524, 30.884172 ] }, { "date": "2025-05-16", "close": 31.615, "volume": 67444, "typical_volume": 68556.85, "trend": 31.028, "fair_value": 27.70343, "relative_strength": -10.985375, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.65978, "energy": 20.132017, "activity_lines": [ 30.984333, 30.352091, 30.723762, 30.923656 ] }, { "date": "2025-05-23", "close": 31.290001, "volume": 103948, "typical_volume": 72990.2, "trend": 31.077667, "fair_value": 27.744295, "relative_strength": -9.121693, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.72378, "energy": 20.23167, "activity_lines": [ 31.206334, 30.526182, 30.748714, 30.940559 ] }, { "date": "2025-05-30", "close": 31.715, "volume": 72798, "typical_volume": 74216.1, "trend": 31.132167, "fair_value": 27.791154, "relative_strength": -9.140759, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.272013, "energy": 22.861196, "activity_lines": [ 31.444334, 30.780909, 30.815786, 30.981678 ] }, { "date": "2025-06-06", "close": 31.59, "volume": 127547, "typical_volume": 78185.55, "trend": 31.155667, "fair_value": 27.839038, "relative_strength": -10.46805, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.745399, "energy": 24.389591, "activity_lines": [ 31.536, 31.019091, 30.86731, 31.011215 ] }, { "date": "2025-06-13", "close": 31.190001, "volume": 176623, "typical_volume": 83660.85, "trend": 31.176167, "fair_value": 27.891026, "relative_strength": -8.745706, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.256304, "energy": 18.974212, "activity_lines": [ 31.443334, 31.175455, 30.879119, 31.01343 ] }, { "date": "2025-06-20", "close": 30.75, "volume": 184321, "typical_volume": 90642.5, "trend": 31.1605, "fair_value": 27.939038, "relative_strength": -9.35757, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.402507, "energy": 10.486599, "activity_lines": [ 31.2, 31.189818, 30.851, 30.985936 ] }, { "date": "2025-06-27", "close": 31.620001, "volume": 64807, "typical_volume": 90226.75, "trend": 31.166167, "fair_value": 27.99109, "relative_strength": -7.744176, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.670662, "energy": 8.834853, "activity_lines": [ 31.304334, 31.308819, 30.912596, 31.015581 ] }, { "date": "2025-07-04", "close": 31.014999, "volume": 50080, "typical_volume": 90039.5, "trend": 31.1305, "fair_value": 28.032949, "relative_strength": -8.999457, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.758319, "energy": 4.171945, "activity_lines": [ 31.185, 31.277546, 30.919643, 31.005828 ] }, { "date": "2025-07-11", "close": 30.504999, "volume": 36434, "typical_volume": 89900.35, "trend": 31.093667, "fair_value": 28.073109, "relative_strength": -11.240255, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.370607, "energy": 15.731956, "activity_lines": [ 30.942333, 31.137727, 30.882643, 30.965473 ] }, { "date": "2025-07-18", "close": 30.495001, "volume": 80993, "typical_volume": 89344.35, "trend": 31.075833, "fair_value": 28.109038, "relative_strength": -11.510569, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.83592, "energy": 27.843601, "activity_lines": [ 30.768667, 31.001909, 30.852834, 30.92685 ] }, { "date": "2025-07-25", "close": 31.709999, "volume": 51130, "typical_volume": 88457.55, "trend": 31.081333, "fair_value": 28.149615, "relative_strength": -8.692296, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.484751, "energy": 9.257558, "activity_lines": [ 31.046333, 31.098545, 30.945643, 30.967764 ] }, { "date": "2025-08-01", "close": 31.610001, "volume": 45910, "typical_volume": 88232.4, "trend": 31.0805, "fair_value": 28.19125, "relative_strength": -7.013528, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.373579, "energy": 12.248258, "activity_lines": [ 31.226667, 31.175273, 31.026572, 31.001871 ] }, { "date": "2025-08-08", "close": 33.014999, "volume": 31475, "typical_volume": 87314.15, "trend": 31.149333, "fair_value": 28.240288, "relative_strength": -6.589738, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 50.587113, "energy": 56.996129, "activity_lines": [ 31.876, 31.501636, 31.240667, 31.126677 ] }, { "date": "2025-08-15", "close": 33.330002, "volume": 32454, "typical_volume": 85704.65, "trend": 31.218667, "fair_value": 28.288045, "relative_strength": -7.70892, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 81.499335, "energy": 83.341222, "activity_lines": [ 32.497001, 31.861637, 31.480191, 31.267366 ] }, { "date": "2025-08-22", "close": 33.77, "volume": 74704, "typical_volume": 81621.55, "trend": 31.290833, "fair_value": 28.341506, "relative_strength": -7.634953, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.41807, "energy": 90.103558, "activity_lines": [ 33.076334, 32.27, 31.750953, 31.431968 ] }, { "date": "2025-08-29", "close": 33.084999, "volume": 34564, "typical_volume": 70992.4, "trend": 31.320667, "fair_value": 28.395994, "relative_strength": -6.868654, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.234917, "energy": 85.178572, "activity_lines": [ 33.209, 32.506909, 31.927952, 31.547721 ] }, { "date": "2025-09-05", "close": 33.389999, "volume": 46182, "typical_volume": 71607.85, "trend": 31.358167, "fair_value": 28.453013, "relative_strength": -4.501376, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.074053, "energy": 84.44788, "activity_lines": [ 33.351666, 32.756818, 32.108857, 31.681226 ] }, { "date": "2025-09-12", "close": 34.025002, "volume": 55011, "typical_volume": 73093.0, "trend": 31.426834, "fair_value": 28.514103, "relative_strength": -4.645426, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.543651, "energy": 84.240876, "activity_lines": [ 33.587334, 33.09, 32.331262, 31.85328 ] }, { "date": "2025-09-19", "close": 34.0, "volume": 78080, "typical_volume": 75031.2, "trend": 31.486334, "fair_value": 28.578397, "relative_strength": -3.918239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.244482, "energy": 68.138562, "activity_lines": [ 33.747334, 33.363909, 32.53281, 32.01929 ] }, { "date": "2025-09-26", "close": 33.98, "volume": 32326, "typical_volume": 72341.55, "trend": 31.554167, "fair_value": 28.64609, "relative_strength": -4.527066, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.381314, "energy": 71.558573, "activity_lines": [ 33.856, 33.570637, 32.717333, 32.180172 ] }, { "date": "2025-10-03", "close": 34.375, "volume": 37535, "typical_volume": 70846.1, "trend": 31.6595, "fair_value": 28.713814, "relative_strength": -4.484618, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.411525, "energy": 74.137875, "activity_lines": [ 34.082334, 33.785818, 32.925905, 32.362161 ] }, { "date": "2025-10-10", "close": 33.490002, "volume": 37636, "typical_volume": 67530.5, "trend": 31.726667, "fair_value": 28.779231, "relative_strength": -4.026299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.907758, "energy": 54.361648, "activity_lines": [ 33.927667, 33.791637, 33.037048, 32.480258 ] }, { "date": "2025-10-17", "close": 34.485001, "volume": 56422, "typical_volume": 66711.7, "trend": 31.807667, "fair_value": 28.851795, "relative_strength": -0.371018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.045701, "energy": 55.549495, "activity_lines": [ 34.098001, 33.944182, 33.232477, 32.658215 ] }, { "date": "2025-10-24", "close": 34.814999, "volume": 39721, "typical_volume": 62320.4, "trend": 31.931834, "fair_value": 28.925321, "relative_strength": -1.0574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.301706, "energy": 61.059969, "activity_lines": [ 34.347667, 34.13, 33.446143, 32.852237 ] }, { "date": "2025-10-31", "close": 35.474998, "volume": 122888, "typical_volume": 59633.65, "trend": 32.188333, "fair_value": 29.00016, "relative_strength": -0.682638, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.682358, "energy": 67.023653, "activity_lines": [ 34.763, 34.408818, 33.70731, 33.080828 ] }, { "date": "2025-11-07", "close": 35.029999, "volume": 56638, "typical_volume": 53249.5, "trend": 32.429167, "fair_value": 29.06766, "relative_strength": -1.118044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.982411, "energy": 82.526665, "activity_lines": [ 34.930333, 34.575727, 33.90569, 33.264161 ] }, { "date": "2025-11-14", "close": 35.564999, "volume": 63617, "typical_volume": 53190.0, "trend": 32.6345, "fair_value": 29.139519, "relative_strength": -1.869241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.115586, "energy": 87.72847, "activity_lines": [ 35.232332, 34.804545, 34.134643, 33.466473 ] }, { "date": "2025-11-21", "close": 34.509998, "volume": 55194, "typical_volume": 53445.7, "trend": 32.78, "fair_value": 29.200513, "relative_strength": -1.521854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.028125, "energy": 58.177152, "activity_lines": [ 35.044332, 34.801999, 34.244333, 33.587473 ] }, { "date": "2025-11-28", "close": 35.240002, "volume": 40816, "typical_volume": 53664.8, "trend": 32.927167, "fair_value": 29.268558, "relative_strength": -0.752312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.442267, "energy": 54.824862, "activity_lines": [ 35.098, 34.923363, 34.406905, 33.746183 ] }, { "date": "2025-12-05", "close": 35.305, "volume": 38673, "typical_volume": 51548.8, "trend": 33.066333, "fair_value": 29.337885, "relative_strength": -0.485143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.792254, "energy": 51.787347, "activity_lines": [ 35.145, 35.034, 34.553119, 33.899591 ] }, { "date": "2025-12-12", "close": 35.244999, "volume": 110246, "typical_volume": 54504.6, "trend": 33.187333, "fair_value": 29.410577, "relative_strength": -0.61446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.167379, "energy": 46.131825, "activity_lines": [ 35.183333, 35.109636, 34.670714, 34.04015 ] }, { "date": "2025-12-19", "close": 35.224998, "volume": 41031, "typical_volume": 54260.65, "trend": 33.3185, "fair_value": 29.482532, "relative_strength": -3.129966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.911712, "energy": 45.348707, "activity_lines": [ 35.200666, 35.165817, 34.769571, 34.171613 ] }, { "date": "2025-12-26", "close": 35.290001, "volume": 10454, "typical_volume": 53209.6, "trend": 33.437667, "fair_value": 29.555032, "relative_strength": -2.316802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.660961, "energy": 42.524357, "activity_lines": [ 35.262333, 35.202272, 34.857404, 34.298806 ] }, { "date": "2026-01-02", "close": 35.395, "volume": 30912, "typical_volume": 53132.5, "trend": 33.5645, "fair_value": 29.628654, "relative_strength": -3.345214, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.945745, "energy": 41.95197, "activity_lines": [ 35.307, 35.243181, 34.944404, 34.425086 ] }, { "date": "2026-01-09", "close": 37.130001, "volume": 66695, "typical_volume": 52732.05, "trend": 33.7625, "fair_value": 29.710705, "relative_strength": 0.795355, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.748913, "energy": 64.335489, "activity_lines": [ 35.919667, 35.589, 35.186809, 34.655118 ] }, { "date": "2026-01-16", "close": 37.705002, "volume": 33717, "typical_volume": 52689.7, "trend": 33.994333, "fair_value": 29.794103, "relative_strength": 2.268966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.168904, "energy": 90.172411, "activity_lines": [ 36.602334, 36.009273, 35.467976, 34.909473 ] }, { "date": "2026-01-23", "close": 36.625, "volume": 32566, "typical_volume": 52008.9, "trend": 34.161167, "fair_value": 29.867949, "relative_strength": 1.620742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.323551, "energy": 81.180019, "activity_lines": [ 36.761001, 36.184546, 35.624286, 35.079194 ] }, { "date": "2026-01-30", "close": 36.889999, "volume": 66270, "typical_volume": 52571.85, "trend": 34.357, "fair_value": 29.944615, "relative_strength": 0.968126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.355154, "energy": 81.570916, "activity_lines": [ 36.914667, 36.388727, 35.790428, 35.255247 ] }, { "date": "2026-02-06", "close": 38.455002, "volume": 35563, "typical_volume": 50446.0, "trend": 34.622, "fair_value": 30.029231, "relative_strength": 4.529955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.597443, "energy": 87.054041, "activity_lines": [ 37.483334, 36.834182, 36.091976, 35.519634 ] }, { "date": "2026-02-13", "close": 40.299999, "volume": 37344, "typical_volume": 50696.9, "trend": 34.948833, "fair_value": 30.128526, "relative_strength": 10.500237, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.619109, "energy": 89.863885, "activity_lines": [ 38.463, 37.556637, 36.548024, 35.885957 ] }, { "date": "2026-02-20", "close": 39.68, "volume": 33554, "typical_volume": 50497.85, "trend": 35.2145, "fair_value": 30.225417, "relative_strength": 6.321649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.006807, "energy": 91.36237, "activity_lines": [ 39.024667, 38.075546, 36.914929, 36.191194 ] }, { "date": "2026-02-27", "close": 40.255001, "volume": 109563, "typical_volume": 54094.2, "trend": 35.502667, "fair_value": 30.322788, "relative_strength": 6.111757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.898749, "energy": 91.911309, "activity_lines": [ 39.646334, 38.618364, 37.311333, 36.516387 ] }, { "date": "2026-03-06", "close": 38.040001, "volume": 95751, "typical_volume": 56060.65, "trend": 35.670167, "fair_value": 30.405705, "relative_strength": 7.08286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.810993, "energy": 69.193641, "activity_lines": [ 39.287667, 38.667, 37.464572, 36.680086 ] }, { "date": "2026-03-13", "close": 37.470001, "volume": 82365, "typical_volume": 58192.85, "trend": 35.808167, "fair_value": 30.489327, "relative_strength": 5.007171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.256079, "energy": 49.569, "activity_lines": [ 38.662334, 38.562001, 37.546596, 36.796204 ] }, { "date": "2026-03-20", "close": 36.455002, "volume": 61424, "typical_volume": 55119.65, "trend": 35.897667, "fair_value": 30.564808, "relative_strength": 5.607419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.49823, "energy": 21.259337, "activity_lines": [ 37.764335, 38.234728, 37.51931, 36.837936 ] }, { "date": "2026-03-27", "close": 36.389999, "volume": 65824, "typical_volume": 55578.95, "trend": 36.007833, "fair_value": 30.636667, "relative_strength": 4.021463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.008123, "energy": 25.086145, "activity_lines": [ 37.101001, 37.90791, 37.481167, 36.869699 ] }, { "date": "2026-04-03", "close": 37.805, "volume": 42333, "typical_volume": 54514.75, "trend": 36.155, "fair_value": 30.720994, "relative_strength": 2.680709, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.684399, "energy": 24.160457, "activity_lines": [ 37.128667, 37.862273, 37.57131, 36.985645 ] }, { "date": "2026-04-10", "close": 38.605, "volume": 21901, "typical_volume": 52850.1, "trend": 36.307667, "fair_value": 30.809295, "relative_strength": 0.498975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.332932, "energy": 22.506488, "activity_lines": [ 37.586333, 37.940637, 37.726977, 37.14371 ] }, { "date": "2026-04-17", "close": 39.314999, "volume": 67700, "typical_volume": 54194.3, "trend": 36.484833, "fair_value": 30.90125, "relative_strength": -0.261215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.923279, "energy": 31.236516, "activity_lines": [ 38.243, 38.116909, 37.930762, 37.337731 ] }, { "date": "2026-04-24", "close": 38.009998, "volume": 299563, "typical_volume": 67238.8, "trend": 36.619167, "fair_value": 30.986058, "relative_strength": -1.09497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.028976, "energy": 31.4314, "activity_lines": [ 38.341666, 38.040272, 37.990857, 37.436129 ] }, { "date": "2026-05-01", "close": 38.740002, "volume": 32421, "typical_volume": 63347.55, "trend": 36.764667, "fair_value": 31.073269, "relative_strength": -0.425154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.069396, "energy": 37.654556, "activity_lines": [ 38.58, 38.138, 38.107595, 37.572957 ] }, { "date": "2026-05-08", "close": 40.07, "volume": 56828, "typical_volume": 64137.4, "trend": 36.984, "fair_value": 31.164519, "relative_strength": 0.758469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.965149, "energy": 55.164547, "activity_lines": [ 39.105, 38.494636, 38.334357, 37.786204 ] }, { "date": "2026-05-15", "close": 40.294998, "volume": 43951, "typical_volume": 65812.25, "trend": 37.177667, "fair_value": 31.255, "relative_strength": 1.579611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.2139, "energy": 61.357099, "activity_lines": [ 39.553999, 38.895545, 38.559476, 37.999817 ] }, { "date": "2026-05-22", "close": 40.540001, "volume": 47510, "typical_volume": 66642.15, "trend": 37.3685, "fair_value": 31.347404, "relative_strength": 1.31881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.441718, "energy": 67.756776, "activity_lines": [ 39.972, 39.3, 38.784095, 38.216742 ] }, { "date": "2026-05-29", "close": 40.91, "volume": 69685, "typical_volume": 66791.65, "trend": 37.549667, "fair_value": 31.437885, "relative_strength": 1.105102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.481836, "energy": 73.056547, "activity_lines": [ 40.431667, 39.715909, 39.019452, 38.445226 ] }, { "date": "2026-06-05", "close": 40.98, "volume": 14618, "typical_volume": 65836.7, "trend": 37.748, "fair_value": 31.527276, "relative_strength": 1.465884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.457311, "energy": 76.268634, "activity_lines": [ 40.721333, 40.063545, 39.243476, 38.666538 ] }, { "date": "2026-06-12", "close": 40.98, "volume": 4542, "typical_volume": 64435.5, "trend": 37.9285, "fair_value": 31.616154, "relative_strength": -1.706038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.29969, "energy": 74.537146, "activity_lines": [ 40.861667, 40.327727, 39.451905, 38.875054 ] }, { "date": "2026-06-19", "close": 42.849998, "volume": 16676, "typical_volume": 61955.8, "trend": 38.2065, "fair_value": 31.723301, "relative_strength": 0.085829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.230473, "energy": 86.198314, "activity_lines": [ 41.564666, 40.874181, 39.81769, 39.19257 ] }, { "date": "2026-06-26", "close": 41.990002, "volume": 11532, "typical_volume": 60754.25, "trend": 38.4315, "fair_value": 31.822692, "relative_strength": 1.051286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.676823, "energy": 79.640592, "activity_lines": [ 41.810667, 41.187091, 40.07319, 39.436667 ] }, { "date": "2026-07-03", "close": 42.470001, "volume": 6747, "typical_volume": 59224.4, "trend": 38.670333, "fair_value": 31.926474, "relative_strength": -0.850701, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.410845, "energy": 84.815513, "activity_lines": [ 42.12, 41.538637, 40.357572, 39.697215 ] }, { "date": "2026-07-10", "close": 42.48, "volume": 165360, "typical_volume": 65814.7, "trend": 38.9115, "fair_value": 32.031859, "relative_strength": -0.55002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.448025, "energy": 82.728703, "activity_lines": [ 42.328667, 41.810909, 40.632571, 39.943 ] }, { "date": "2026-07-17", "close": 40.549999, "volume": 69901, "typical_volume": 63831.6, "trend": 39.089, "fair_value": 32.123173, "relative_strength": -3.786182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.551498, "energy": 50.037192, "activity_lines": [ 41.794, 41.664273, 40.710429, 40.04871 ] }, { "date": "2026-07-24", "close": 41.384998, "volume": 65547, "typical_volume": 62321.4, "trend": 39.292167, "fair_value": 32.214135, "relative_strength": -1.700531, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.108278, "energy": 38.888523, "activity_lines": [ 41.566333, 41.660727, 40.866405, 40.196839 ] }, { "date": "2026-07-31", "close": 41.075001, "volume": 106523, "typical_volume": 63529.3, "trend": 39.4815, "fair_value": 32.30843, "relative_strength": -3.121234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.092028, "energy": 26.743908, "activity_lines": [ 41.333, 41.581, 40.976928, 40.31186 ] }, { "date": "2026-08-07", "close": 42.860001, "volume": 65537, "typical_volume": 63734.95, "trend": 39.6725, "fair_value": 32.414583, "relative_strength": -1.827733, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.16248, "energy": 34.534226, "activity_lines": [ 41.755667, 41.816091, 41.240286, 40.529828 ] } ], "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." } } }