{ "ticker": { "uuid": "f826cc24-7f6a-4a7a-ba24-72e37d06266d", "symbol": "EEUE", "name": "BNP Paribas Easy MSCI Europe Min TE UCITS ETF Cap", "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": 92.532, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.922, "architecture_energy": 76.173, "architecture_maturity": 40.389, "architecture_confidence": 78.651, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 5.76, "rotation_up": 68.12, "upward_expansion": 90.46, "deceleration": 49.6, "rotation_down": 22.29, "downward_expansion": 14.79 }, "activity_lines": [ 20.76, 20.617528, 20.221695, 19.899295 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 21.09, "trend_reference": 19.568367, "distance_from_trend": 0.07776, "trend_direction": "Improving", "fair_value": 16.547391, "distance_from_fair_value": 0.274521, "fair_value_direction": "Improving", "relative_strength": -3.820243, "relative_strength_direction": "Improving", "price_momentum": 0.09718, "excess_performance": -0.073711, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.07776, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040192, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.274521, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.068927, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.038202, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.021174, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.09718, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.528629, "read": "Demand-led" } ], "volume": { "latest": 121069, "relative_activity": 0.927483, "balance": 1.528629, "dry_up": 1.006052, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.018018, "annualized_volatility": 0.147317, "from_high_reference": -0.003544, "from_low_reference": 0.241172 }, "levels": { "trend_reference": 19.568367, "fair_value_reference": 16.547391, "structural_low": 17.518, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.00967, "positive_rate": 0.595238, "directional_follow_through": 0.595238, "median_excess_return": -0.00581, "regime_survival": 0.761905, "best_return": 0.078298, "worst_return": -0.049466, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.026751, "positive_rate": 0.733333, "directional_follow_through": 0.733333, "median_excess_return": -0.02508, "regime_survival": 0.6, "best_return": 0.072121, "worst_return": -0.058413, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.042475, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": -0.027279, "regime_survival": 0.5, "best_return": 0.103347, "worst_return": -0.152293, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.124216, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.062668, "regime_survival": 0.25, "best_return": 0.161306, "worst_return": -0.0884, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-07-19", "tenure": "Extended", "return": 0.088851, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-26", "end": "2024-09-06", "tenure": "Developing", "return": 0.024252, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-13", "end": "2024-09-20", "tenure": "New", "return": -0.002152, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-11-22", "tenure": "Developing", "return": -0.047889, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.014187, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-24", "tenure": "Developing", "return": 0.021565, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.00846, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.017336, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.063403, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.008599, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2026-03-13", "tenure": "Extended", "return": 0.076425, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": 0.002793, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.030908, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.096154, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.714, "volume": 0, "typical_volume": 14034.8, "trend": 13.466867, "fair_value": 12.482218, "relative_strength": -2.225413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.319436, "energy": 53.889812, "activity_lines": [ 13.743333, 13.680945, 13.6482, 13.576456 ] }, { "date": "2023-08-25", "close": 13.44, "volume": 6880, "typical_volume": 13815.0, "trend": 13.477, "fair_value": 12.503141, "relative_strength": -5.3745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.689689, "energy": 13.190731, "activity_lines": [ 13.641333, 13.642582, 13.630562, 13.574723 ] }, { "date": "2023-09-01", "close": 13.572, "volume": 5650, "typical_volume": 14015.75, "trend": 13.491933, "fair_value": 12.525115, "relative_strength": -5.683739, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.553967, "energy": 14.324618, "activity_lines": [ 13.596933, 13.634073, 13.624848, 13.580852 ] }, { "date": "2023-09-08", "close": 13.47, "volume": 836, "typical_volume": 14057.55, "trend": 13.498733, "fair_value": 12.546782, "relative_strength": -4.799415, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.039009, "energy": 12.943427, "activity_lines": [ 13.54, 13.606, 13.609714, 13.579437 ] }, { "date": "2023-09-15", "close": 13.46, "volume": 6152, "typical_volume": 13997.5, "trend": 13.5052, "fair_value": 12.568385, "relative_strength": -6.804024, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.153243, "energy": 27.0231, "activity_lines": [ 13.499333, 13.576727, 13.59441, 13.576938 ] }, { "date": "2023-09-22", "close": 13.496, "volume": 27347, "typical_volume": 10843.0, "trend": 13.508867, "fair_value": 12.590218, "relative_strength": -5.188096, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.491316, "energy": 31.789148, "activity_lines": [ 13.4876, 13.557345, 13.583476, 13.576344 ] }, { "date": "2023-09-29", "close": 13.372, "volume": 16393, "typical_volume": 9584.9, "trend": 13.5136, "fair_value": 12.611256, "relative_strength": -4.688682, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.786356, "energy": 45.498513, "activity_lines": [ 13.449067, 13.512836, 13.561629, 13.567514 ] }, { "date": "2023-10-06", "close": 13.226, "volume": 43208, "typical_volume": 11745.3, "trend": 13.517333, "fair_value": 12.631359, "relative_strength": -3.987266, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.917996, "energy": 59.458857, "activity_lines": [ 13.3664, 13.446727, 13.527552, 13.548959 ] }, { "date": "2023-10-13", "close": 13.322, "volume": 12894, "typical_volume": 11435.95, "trend": 13.539933, "fair_value": 12.652077, "relative_strength": -4.496604, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.301924, "energy": 66.931262, "activity_lines": [ 13.3388, 13.410218, 13.50499, 13.536357 ] }, { "date": "2023-10-20", "close": 13.048, "volume": 18910, "typical_volume": 12380.75, "trend": 13.542333, "fair_value": 12.671308, "relative_strength": -3.247115, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.221079, "energy": 84.75277, "activity_lines": [ 13.229733, 13.331927, 13.457981, 13.504619 ] }, { "date": "2023-10-27", "close": 12.754, "volume": 27884, "typical_volume": 12959.25, "trend": 13.522133, "fair_value": 12.692, "relative_strength": -4.966371, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -94.014577, "energy": 96.367548, "activity_lines": [ 13.050133, 13.212291, 13.384419, 13.453759 ] }, { "date": "2023-11-03", "close": 12.96, "volume": 10115, "typical_volume": 13355.8, "trend": 13.510667, "fair_value": 12.710513, "relative_strength": -7.906025, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.766825, "energy": 88.752689, "activity_lines": [ 12.988667, 13.147564, 13.334562, 13.417492 ] }, { "date": "2023-11-10", "close": 13.158, "volume": 4178, "typical_volume": 13491.7, "trend": 13.4948, "fair_value": 12.725628, "relative_strength": -5.808218, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.295881, "energy": 84.844461, "activity_lines": [ 13.020667, 13.127564, 13.307381, 13.39474 ] }, { "date": "2023-11-17", "close": 13.522, "volume": 24889, "typical_volume": 14661.65, "trend": 13.491067, "fair_value": 12.743077, "relative_strength": -6.281172, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.532851, "energy": 39.599905, "activity_lines": [ 13.178533, 13.181273, 13.316571, 13.396495 ] }, { "date": "2023-11-24", "close": 13.54, "volume": 1258, "typical_volume": 14723.8, "trend": 13.487133, "fair_value": 12.760641, "relative_strength": -5.739352, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.947919, "energy": 21.262423, "activity_lines": [ 13.329067, 13.237309, 13.32739, 13.399652 ] }, { "date": "2023-12-01", "close": 13.868, "volume": 17942, "typical_volume": 14641.8, "trend": 13.493267, "fair_value": 12.779667, "relative_strength": -4.838701, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.387962, "energy": 43.562393, "activity_lines": [ 13.556133, 13.351527, 13.369943, 13.424224 ] }, { "date": "2023-12-08", "close": 13.886, "volume": 336, "typical_volume": 11583.5, "trend": 13.498667, "fair_value": 12.798808, "relative_strength": -5.956617, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.42825, "energy": 55.299058, "activity_lines": [ 13.714933, 13.462255, 13.411762, 13.449561 ] }, { "date": "2023-12-15", "close": 14.202, "volume": 24585, "typical_volume": 12533.5, "trend": 13.5146, "fair_value": 12.818897, "relative_strength": -3.528269, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 56.114832, "energy": 82.747174, "activity_lines": [ 13.917333, 13.621091, 13.482524, 13.494938 ] }, { "date": "2023-12-22", "close": 14.226, "volume": 16646, "typical_volume": 13365.1, "trend": 13.5332, "fair_value": 12.839141, "relative_strength": -3.127957, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.607485, "energy": 95.314687, "activity_lines": [ 14.058133, 13.766545, 13.554105, 13.540834 ] }, { "date": "2023-12-29", "close": 14.226, "volume": 0, "typical_volume": 13305.15, "trend": 13.562333, "fair_value": 12.859385, "relative_strength": -2.941772, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.285081, "energy": 92.45829, "activity_lines": [ 14.152, 13.895564, 13.623486, 13.585531 ] }, { "date": "2024-01-05", "close": 14.176, "volume": 3859, "typical_volume": 13498.1, "trend": 13.581133, "fair_value": 12.877, "relative_strength": -3.412307, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.398731, "energy": 88.387461, "activity_lines": [ 14.183467, 13.994073, 13.685667, 13.625123 ] }, { "date": "2024-01-12", "close": 14.162, "volume": 15949, "typical_volume": 13951.55, "trend": 13.594467, "fair_value": 12.894526, "relative_strength": -3.435858, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.879683, "energy": 86.807855, "activity_lines": [ 14.189733, 14.064182, 13.744314, 13.662598 ] }, { "date": "2024-01-19", "close": 13.972, "volume": 115, "typical_volume": 13674.8, "trend": 13.609667, "fair_value": 12.910782, "relative_strength": -3.963302, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.508108, "energy": 64.710762, "activity_lines": [ 14.114267, 14.077891, 13.781429, 13.686955 ] }, { "date": "2024-01-26", "close": 14.224, "volume": 149, "typical_volume": 13640.45, "trend": 13.633667, "fair_value": 12.928654, "relative_strength": -2.424893, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.654267, "energy": 66.315293, "activity_lines": [ 14.138133, 14.122618, 13.840638, 13.726589 ] }, { "date": "2024-02-02", "close": 14.412, "volume": 8889, "typical_volume": 13777.3, "trend": 13.659267, "fair_value": 12.948115, "relative_strength": -2.156547, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.340902, "energy": 70.141852, "activity_lines": [ 14.2248, 14.188764, 13.914162, 13.776804 ] }, { "date": "2024-02-09", "close": 14.448, "volume": 8226, "typical_volume": 12821.25, "trend": 13.695733, "fair_value": 12.967026, "relative_strength": -3.202682, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.862603, "energy": 72.043593, "activity_lines": [ 14.311067, 14.2456, 13.986581, 13.82769 ] }, { "date": "2024-02-16", "close": 14.524, "volume": 576, "typical_volume": 12030.4, "trend": 13.725067, "fair_value": 12.986577, "relative_strength": -4.381788, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.71654, "energy": 94.326087, "activity_lines": [ 14.404533, 14.305709, 14.061705, 13.881127 ] }, { "date": "2024-02-23", "close": 14.638, "volume": 34600, "typical_volume": 11600.0, "trend": 13.749867, "fair_value": 13.006859, "relative_strength": -6.304686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.005019, "energy": 95.012275, "activity_lines": [ 14.511867, 14.374945, 14.1422, 13.940026 ] }, { "date": "2024-03-01", "close": 14.84, "volume": 4497, "typical_volume": 11180.15, "trend": 13.785733, "fair_value": 13.028897, "relative_strength": -5.589211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.797859, "energy": 97.99633, "activity_lines": [ 14.642133, 14.472982, 14.23521, 14.010357 ] }, { "date": "2024-03-08", "close": 15.022, "volume": 41564, "typical_volume": 12312.85, "trend": 13.829333, "fair_value": 13.050359, "relative_strength": -5.658259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.984276, "energy": 97.997752, "activity_lines": [ 14.792, 14.592945, 14.338324, 14.090116 ] }, { "date": "2024-03-15", "close": 15.124, "volume": 24347, "typical_volume": 12136.0, "trend": 13.876333, "fair_value": 13.072474, "relative_strength": -6.327488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.704841, "energy": 97.656426, "activity_lines": [ 14.9352, 14.716982, 14.441752, 14.173643 ] }, { "date": "2024-03-22", "close": 15.054, "volume": 13224, "typical_volume": 12291.45, "trend": 13.930133, "fair_value": 13.093295, "relative_strength": -7.623218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.153725, "energy": 91.695395, "activity_lines": [ 15.01, 14.811055, 14.527229, 14.249622 ] }, { "date": "2024-03-29", "close": 15.252, "volume": 2660, "typical_volume": 12215.55, "trend": 13.986133, "fair_value": 13.113628, "relative_strength": -7.299463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.846155, "energy": 82.936503, "activity_lines": [ 15.115467, 14.924909, 14.62159, 14.334903 ] }, { "date": "2024-04-05", "close": 15.242, "volume": 46859, "typical_volume": 13314.05, "trend": 14.0452, "fair_value": 13.133423, "relative_strength": -5.190545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.533719, "energy": 81.817686, "activity_lines": [ 15.176667, 15.013673, 14.705029, 14.415927 ] }, { "date": "2024-04-12", "close": 15.242, "volume": 0, "typical_volume": 13251.15, "trend": 14.1046, "fair_value": 13.153218, "relative_strength": -4.350116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.585529, "energy": 70.78108, "activity_lines": [ 15.211067, 15.083927, 14.780276, 14.49314 ] }, { "date": "2024-04-19", "close": 14.972, "volume": 92268, "typical_volume": 16967.45, "trend": 14.1538, "fair_value": 13.169859, "relative_strength": -6.291104, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.955383, "energy": 67.390779, "activity_lines": [ 15.1408, 15.09, 14.821705, 14.549101 ] }, { "date": "2024-04-26", "close": 15.09, "volume": 6144, "typical_volume": 17257.85, "trend": 14.211067, "fair_value": 13.187513, "relative_strength": -6.212614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.467693, "energy": 64.22204, "activity_lines": [ 15.12, 15.108, 14.869114, 14.609501 ] }, { "date": "2024-05-03", "close": 15.26, "volume": 79214, "typical_volume": 19989.3, "trend": 14.278867, "fair_value": 13.205205, "relative_strength": -3.220109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.814585, "energy": 67.309336, "activity_lines": [ 15.153467, 15.146618, 14.926981, 14.677174 ] }, { "date": "2024-05-10", "close": 15.802, "volume": 1447, "typical_volume": 19229.35, "trend": 14.361533, "fair_value": 13.226372, "relative_strength": -2.571981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.750233, "energy": 74.427993, "activity_lines": [ 15.367067, 15.272473, 15.031429, 14.775441 ] }, { "date": "2024-05-17", "close": 15.826, "volume": 3323, "typical_volume": 19395.5, "trend": 14.454133, "fair_value": 13.247692, "relative_strength": -4.266245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.981125, "energy": 75.986248, "activity_lines": [ 15.551333, 15.3852, 15.130657, 14.869923 ] }, { "date": "2024-05-24", "close": 15.826, "volume": 0, "typical_volume": 19202.55, "trend": 14.556533, "fair_value": 13.269013, "relative_strength": -1.531821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.213665, "energy": 92.672, "activity_lines": [ 15.696667, 15.483309, 15.222267, 14.95843 ] }, { "date": "2024-05-31", "close": 15.736, "volume": 14235, "typical_volume": 19116.85, "trend": 14.649067, "fair_value": 13.288551, "relative_strength": -1.944686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.17389, "energy": 87.193923, "activity_lines": [ 15.755067, 15.552291, 15.297448, 15.034525 ] }, { "date": "2024-06-07", "close": 15.954, "volume": 3953, "typical_volume": 19308.75, "trend": 14.742267, "fair_value": 13.309487, "relative_strength": -0.900849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.282754, "energy": 91.726183, "activity_lines": [ 15.843067, 15.648509, 15.385895, 15.118714 ] }, { "date": "2024-06-14", "close": 15.576, "volume": 12079, "typical_volume": 19905.25, "trend": 14.810733, "fair_value": 13.328, "relative_strength": 2.732924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.044132, "energy": 65.85438, "activity_lines": [ 15.7588, 15.663236, 15.428905, 15.172503 ] }, { "date": "2024-06-21", "close": 15.698, "volume": 6006, "typical_volume": 19761.1, "trend": 14.882667, "fair_value": 13.346308, "relative_strength": 1.642934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.118802, "energy": 61.888148, "activity_lines": [ 15.730267, 15.694073, 15.477095, 15.229746 ] }, { "date": "2024-06-28", "close": 15.66, "volume": 980, "typical_volume": 19398.8, "trend": 14.9424, "fair_value": 13.364026, "relative_strength": 1.896284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.005246, "energy": 52.360163, "activity_lines": [ 15.6976, 15.709709, 15.515543, 15.279897 ] }, { "date": "2024-07-05", "close": 15.782, "volume": 5599, "typical_volume": 19649.95, "trend": 15.0056, "fair_value": 13.382526, "relative_strength": 0.281955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.793877, "energy": 47.402, "activity_lines": [ 15.716667, 15.735018, 15.559838, 15.334065 ] }, { "date": "2024-07-12", "close": 15.842, "volume": 14860, "typical_volume": 18662.95, "trend": 15.060267, "fair_value": 13.40141, "relative_strength": -1.030985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.87246, "energy": 50.699961, "activity_lines": [ 15.752667, 15.758655, 15.603857, 15.388026 ] }, { "date": "2024-07-19", "close": 15.49, "volume": 2519, "typical_volume": 18564.05, "trend": 15.1024, "fair_value": 13.418038, "relative_strength": -2.115842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.486801, "energy": 37.629004, "activity_lines": [ 15.6788, 15.707709, 15.608619, 15.415751 ] }, { "date": "2024-07-26", "close": 15.504, "volume": 1866, "typical_volume": 16579.15, "trend": 15.145, "fair_value": 13.433603, "relative_strength": -0.805415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.001852, "energy": 29.485066, "activity_lines": [ 15.615333, 15.664982, 15.611619, 15.44166 ] }, { "date": "2024-08-02", "close": 15.148, "volume": 17035, "typical_volume": 16213.55, "trend": 15.1774, "fair_value": 13.446667, "relative_strength": 2.379829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.048496, "energy": 19.432457, "activity_lines": [ 15.446133, 15.563382, 15.578419, 15.441854 ] }, { "date": "2024-08-09", "close": 15.096, "volume": 16531, "typical_volume": 16378.9, "trend": 15.208533, "fair_value": 13.459397, "relative_strength": 2.832161, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -21.734642, "energy": 40.254701, "activity_lines": [ 15.293733, 15.464655, 15.540152, 15.436602 ] }, { "date": "2024-08-16", "close": 15.188, "volume": 2520, "typical_volume": 16371.9, "trend": 15.249067, "fair_value": 13.471808, "relative_strength": -0.340989, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -28.173124, "energy": 50.895306, "activity_lines": [ 15.217733, 15.394291, 15.510448, 15.435277 ] }, { "date": "2024-08-23", "close": 15.616, "volume": 114, "typical_volume": 14034.65, "trend": 15.295467, "fair_value": 13.486962, "relative_strength": 0.664952, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.709032, "energy": 27.576364, "activity_lines": [ 15.328, 15.415673, 15.52181, 15.458951 ] }, { "date": "2024-08-30", "close": 15.892, "volume": 2134, "typical_volume": 14141.35, "trend": 15.3448, "fair_value": 13.503154, "relative_strength": 0.33694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.346841, "energy": 21.188952, "activity_lines": [ 15.521867, 15.486509, 15.557676, 15.497437 ] }, { "date": "2024-09-06", "close": 15.88, "volume": 12, "typical_volume": 9528.55, "trend": 15.392533, "fair_value": 13.519269, "relative_strength": 3.520204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.038685, "energy": 44.756405, "activity_lines": [ 15.685867, 15.551636, 15.589305, 15.531966 ] }, { "date": "2024-09-13", "close": 15.798, "volume": 51670, "typical_volume": 11804.85, "trend": 15.435, "fair_value": 13.534859, "relative_strength": 2.11536, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 51.021697, "energy": 49.237004, "activity_lines": [ 15.773733, 15.597855, 15.6088, 15.558125 ] }, { "date": "2024-09-20", "close": 15.764, "volume": 48006, "typical_volume": 10244.45, "trend": 15.472533, "fair_value": 13.550231, "relative_strength": 1.332789, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 59.116437, "energy": 59.512837, "activity_lines": [ 15.803467, 15.6376, 15.621686, 15.579351 ] }, { "date": "2024-09-27", "close": 16.204, "volume": 3087, "typical_volume": 10326.45, "trend": 15.518, "fair_value": 13.571385, "relative_strength": 1.295676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.482107, "energy": 82.209756, "activity_lines": [ 15.941467, 15.758764, 15.674076, 15.626542 ] }, { "date": "2024-10-04", "close": 15.97, "volume": 445, "typical_volume": 10182.55, "trend": 15.5496, "fair_value": 13.590256, "relative_strength": 3.200663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.884796, "energy": 68.775193, "activity_lines": [ 15.962267, 15.8244, 15.702267, 15.655703 ] }, { "date": "2024-10-11", "close": 16.030001, "volume": 3136, "typical_volume": 10339.35, "trend": 15.5798, "fair_value": 13.609513, "relative_strength": 1.451861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.995441, "energy": 64.662685, "activity_lines": [ 15.997867, 15.892473, 15.735486, 15.686697 ] }, { "date": "2024-10-18", "close": 16.091999, "volume": 99, "typical_volume": 9632.55, "trend": 15.6144, "fair_value": 13.626667, "relative_strength": -0.665549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.537466, "energy": 73.052541, "activity_lines": [ 16.044133, 15.955782, 15.773638, 15.719742 ] }, { "date": "2024-10-25", "close": 15.868, "volume": 322, "typical_volume": 9451.0, "trend": 15.634933, "fair_value": 13.642385, "relative_strength": -0.796689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.605554, "energy": 44.48013, "activity_lines": [ 15.996133, 15.960255, 15.788762, 15.736103 ] }, { "date": "2024-11-01", "close": 15.644, "volume": 5078, "typical_volume": 9100.95, "trend": 15.648333, "fair_value": 13.654962, "relative_strength": -1.911703, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.619696, "energy": 23.90684, "activity_lines": [ 15.866533, 15.911636, 15.782962, 15.736688 ] }, { "date": "2024-11-08", "close": 15.5, "volume": 13104, "typical_volume": 9455.85, "trend": 15.656933, "fair_value": 13.666474, "relative_strength": -0.332311, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 7.429604, "energy": 14.990201, "activity_lines": [ 15.726267, 15.836327, 15.763124, 15.727118 ] }, { "date": "2024-11-15", "close": 15.526, "volume": 8083, "typical_volume": 9811.0, "trend": 15.6754, "fair_value": 13.677051, "relative_strength": -1.242218, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -12.107418, "energy": 25.784416, "activity_lines": [ 15.626, 15.772873, 15.746705, 15.718671 ] }, { "date": "2024-11-22", "close": 15.428, "volume": 39363, "typical_volume": 11499.2, "trend": 15.686667, "fair_value": 13.687, "relative_strength": 0.174153, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -30.957801, "energy": 38.499529, "activity_lines": [ 15.526667, 15.698036, 15.72159, 15.70271 ] }, { "date": "2024-11-29", "close": 15.648, "volume": 30983, "typical_volume": 12305.35, "trend": 15.6996, "fair_value": 13.702885, "relative_strength": 1.824939, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.451664, "energy": 32.42824, "activity_lines": [ 15.544933, 15.669927, 15.719114, 15.700215 ] }, { "date": "2024-12-06", "close": 15.87, "volume": 6685, "typical_volume": 12513.65, "trend": 15.701867, "fair_value": 13.717385, "relative_strength": -0.697686, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.538075, "energy": 11.913498, "activity_lines": [ 15.651867, 15.684291, 15.738705, 15.711209 ] }, { "date": "2024-12-13", "close": 15.952, "volume": 627, "typical_volume": 12451.7, "trend": 15.706067, "fair_value": 13.733577, "relative_strength": -0.539221, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 45.609846, "energy": 22.300427, "activity_lines": [ 15.771067, 15.719636, 15.764295, 15.727346 ] }, { "date": "2024-12-20", "close": 15.568, "volume": 40600, "typical_volume": 13629.95, "trend": 15.697467, "fair_value": 13.746038, "relative_strength": 0.326828, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.596077, "energy": 11.188987, "activity_lines": [ 15.732133, 15.685491, 15.751181, 15.718439 ] }, { "date": "2024-12-27", "close": 15.568, "volume": 4510, "typical_volume": 13028.9, "trend": 15.691867, "fair_value": 13.756551, "relative_strength": -0.779363, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.248353, "energy": 10.834306, "activity_lines": [ 15.6904, 15.659745, 15.736067, 15.710086 ] }, { "date": "2025-01-03", "close": 15.616, "volume": 9519, "typical_volume": 13378.85, "trend": 15.6806, "fair_value": 13.767756, "relative_strength": -0.343338, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -3.097824, "energy": 6.250358, "activity_lines": [ 15.655333, 15.652255, 15.723276, 15.705191 ] }, { "date": "2025-01-10", "close": 15.71, "volume": 201, "typical_volume": 13383.2, "trend": 15.685067, "fair_value": 13.780128, "relative_strength": -2.422275, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.036582, "energy": 18.187785, "activity_lines": [ 15.653733, 15.666436, 15.7174, 15.707088 ] }, { "date": "2025-01-17", "close": 15.988, "volume": 2125, "typical_volume": 13382.75, "trend": 15.694733, "fair_value": 13.794692, "relative_strength": -3.838244, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.237944, "energy": 20.153954, "activity_lines": [ 15.755467, 15.729964, 15.737552, 15.726632 ] }, { "date": "2025-01-24", "close": 16.296, "volume": 42953, "typical_volume": 15529.8, "trend": 15.715933, "fair_value": 13.814833, "relative_strength": -1.729868, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.881121, "energy": 63.361628, "activity_lines": [ 15.957467, 15.840618, 15.786581, 15.765424 ] }, { "date": "2025-01-31", "close": 16.548, "volume": 3987, "typical_volume": 13145.65, "trend": 15.741467, "fair_value": 13.83641, "relative_strength": -0.887401, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.213477, "energy": 85.700429, "activity_lines": [ 16.194933, 15.983091, 15.857629, 15.819105 ] }, { "date": "2025-02-07", "close": 16.75, "volume": 22796, "typical_volume": 11885.15, "trend": 15.771733, "fair_value": 13.858128, "relative_strength": -1.21001, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.760358, "energy": 95.315249, "activity_lines": [ 16.4344, 16.141927, 15.944343, 15.884172 ] }, { "date": "2025-02-14", "close": 16.948, "volume": 205984, "typical_volume": 22030.0, "trend": 15.820333, "fair_value": 13.882538, "relative_strength": -2.421962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.868709, "energy": 96.535867, "activity_lines": [ 16.664267, 16.316727, 16.045219, 15.96006 ] }, { "date": "2025-02-21", "close": 17.032, "volume": 14387, "typical_volume": 22727.1, "trend": 15.871267, "fair_value": 13.908795, "relative_strength": -3.051337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.411715, "energy": 95.419041, "activity_lines": [ 16.8396, 16.4872, 16.150552, 16.038232 ] }, { "date": "2025-02-28", "close": 17.018, "volume": 95, "typical_volume": 22575.05, "trend": 15.9336, "fair_value": 13.937372, "relative_strength": -3.675521, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.32616, "energy": 92.264374, "activity_lines": [ 16.940667, 16.635491, 16.249495, 16.112215 ] }, { "date": "2025-03-07", "close": 17.313999, "volume": 12, "typical_volume": 22570.7, "trend": 16.007533, "fair_value": 13.970756, "relative_strength": -1.838239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.954326, "energy": 96.28671, "activity_lines": [ 17.092266, 16.811236, 16.371924, 16.201273 ] }, { "date": "2025-03-14", "close": 16.771999, "volume": 1151, "typical_volume": 22612.15, "trend": 16.060333, "fair_value": 14.000667, "relative_strength": -5.016783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.02699, "energy": 67.625445, "activity_lines": [ 17.012133, 16.856691, 16.436914, 16.250593 ] }, { "date": "2025-03-21", "close": 16.771999, "volume": 0, "typical_volume": 22358.25, "trend": 16.098867, "fair_value": 14.025474, "relative_strength": -5.909478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.00576, "energy": 65.514005, "activity_lines": [ 16.930533, 16.881127, 16.4976, 16.296507 ] }, { "date": "2025-03-28", "close": 16.688, "volume": 8296, "typical_volume": 22117.85, "trend": 16.1254, "fair_value": 14.048846, "relative_strength": -5.630665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.662517, "energy": 54.593529, "activity_lines": [ 16.832666, 16.870981, 16.544914, 16.334516 ] }, { "date": "2025-04-04", "close": 15.344, "volume": 19460, "typical_volume": 22686.7, "trend": 16.107533, "fair_value": 14.063192, "relative_strength": -2.966874, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -4.178663, "energy": 25.81671, "activity_lines": [ 16.309733, 16.603745, 16.458571, 16.284103 ] }, { "date": "2025-04-11", "close": 15.058, "volume": 42403, "typical_volume": 22838.7, "trend": 16.082867, "fair_value": 14.075744, "relative_strength": -3.001262, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -47.468393, "energy": 50.28838, "activity_lines": [ 15.803066, 16.301818, 16.345857, 16.216391 ] }, { "date": "2025-04-18", "close": 15.61, "volume": 33966, "typical_volume": 22987.85, "trend": 16.077733, "fair_value": 14.091397, "relative_strength": -4.87065, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.466392, "energy": 46.436637, "activity_lines": [ 15.6308, 16.127345, 16.287476, 16.185884 ] }, { "date": "2025-04-25", "close": 16.056, "volume": 1252, "typical_volume": 22716.2, "trend": 16.0728, "fair_value": 14.1135, "relative_strength": -5.694191, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.266661, "energy": 44.506462, "activity_lines": [ 15.684667, 16.054691, 16.271752, 16.184482 ] }, { "date": "2025-05-02", "close": 16.632, "volume": 10060, "typical_volume": 23187.85, "trend": 16.094867, "fair_value": 14.138974, "relative_strength": -4.729087, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.259922, "energy": 22.499632, "activity_lines": [ 15.978267, 16.102982, 16.31, 16.220559 ] }, { "date": "2025-05-09", "close": 16.719999, "volume": 1835, "typical_volume": 21249.6, "trend": 16.117867, "fair_value": 14.166513, "relative_strength": -6.636632, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.200353, "energy": 26.36655, "activity_lines": [ 16.304933, 16.174545, 16.35339, 16.26089 ] }, { "date": "2025-05-16", "close": 17.073999, "volume": 51019, "typical_volume": 23575.05, "trend": 16.1506, "fair_value": 14.1975, "relative_strength": -7.5697, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.148295, "energy": 47.372294, "activity_lines": [ 16.657866, 16.315891, 16.425009, 16.322576 ] }, { "date": "2025-05-23", "close": 16.978001, "volume": 86897, "typical_volume": 27443.95, "trend": 16.1876, "fair_value": 14.22459, "relative_strength": -5.224309, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.676322, "energy": 49.775718, "activity_lines": [ 16.8444, 16.444145, 16.480314, 16.375957 ] }, { "date": "2025-05-30", "close": 17.124001, "volume": 38011, "typical_volume": 29334.45, "trend": 16.236933, "fair_value": 14.253577, "relative_strength": -5.752636, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.779242, "energy": 69.10925, "activity_lines": [ 16.9884, 16.5952, 16.543038, 16.43637 ] }, { "date": "2025-06-06", "close": 17.298, "volume": 8520, "typical_volume": 29654.2, "trend": 16.296867, "fair_value": 14.283679, "relative_strength": -5.865725, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.630724, "energy": 76.967139, "activity_lines": [ 17.1192, 16.771491, 16.6156, 16.504826 ] }, { "date": "2025-06-13", "close": 17.226, "volume": 68849, "typical_volume": 30949.0, "trend": 16.353533, "fair_value": 14.318962, "relative_strength": -3.328638, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.91114, "energy": 73.326866, "activity_lines": [ 17.1816, 16.9236, 16.675067, 16.56477 ] }, { "date": "2025-06-20", "close": 16.732, "volume": 1019, "typical_volume": 30800.6, "trend": 16.397, "fair_value": 14.351077, "relative_strength": -5.422811, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.441311, "energy": 44.67451, "activity_lines": [ 17.0456, 16.951673, 16.683057, 16.589187 ] }, { "date": "2025-06-27", "close": 16.978001, "volume": 6906, "typical_volume": 30006.1, "trend": 16.441333, "fair_value": 14.384551, "relative_strength": -5.083549, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.897202, "energy": 38.554225, "activity_lines": [ 17.0144, 16.994037, 16.7136, 16.626671 ] }, { "date": "2025-07-04", "close": 16.878, "volume": 9613, "typical_volume": 20187.55, "trend": 16.474933, "fair_value": 14.417385, "relative_strength": -5.201442, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.130105, "energy": 29.259987, "activity_lines": [ 16.949867, 16.993346, 16.733533, 16.654843 ] }, { "date": "2025-07-11", "close": 17.24, "volume": 51839, "typical_volume": 22060.15, "trend": 16.517867, "fair_value": 14.452538, "relative_strength": -4.155279, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.145391, "energy": 34.314758, "activity_lines": [ 17.0224, 17.043527, 16.788276, 16.704202 ] }, { "date": "2025-07-18", "close": 17.028, "volume": 51135, "typical_volume": 24612.15, "trend": 16.566533, "fair_value": 14.486333, "relative_strength": -5.761012, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.849704, "energy": 35.221429, "activity_lines": [ 17.028133, 17.044109, 16.821838, 16.737114 ] }, { "date": "2025-07-25", "close": 17.112, "volume": 2407, "typical_volume": 24731.9, "trend": 16.618, "fair_value": 14.517, "relative_strength": -6.104298, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.907958, "energy": 49.185175, "activity_lines": [ 17.075067, 17.054364, 16.863352, 16.772305 ] }, { "date": "2025-08-01", "close": 16.606001, "volume": 41517, "typical_volume": 26750.2, "trend": 16.651, "fair_value": 14.541923, "relative_strength": -6.865027, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.466711, "energy": 19.825953, "activity_lines": [ 16.928, 16.971928, 16.857638, 16.771531 ] }, { "date": "2025-08-08", "close": 16.992001, "volume": 41239, "typical_volume": 28812.15, "trend": 16.693733, "fair_value": 14.568744, "relative_strength": -8.285081, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.806158, "energy": 18.689113, "activity_lines": [ 16.934401, 16.966437, 16.889476, 16.793531 ] }, { "date": "2025-08-15", "close": 17.254, "volume": 2952, "typical_volume": 28544.95, "trend": 16.735933, "fair_value": 14.597872, "relative_strength": -8.902688, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.899521, "energy": 33.071595, "activity_lines": [ 17.020534, 17.010982, 16.945219, 16.829678 ] }, { "date": "2025-08-22", "close": 17.412001, "volume": 34146, "typical_volume": 29279.25, "trend": 16.773133, "fair_value": 14.630167, "relative_strength": -9.217011, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.177215, "energy": 43.236963, "activity_lines": [ 17.158401, 17.085055, 17.013315, 16.873295 ] }, { "date": "2025-08-29", "close": 17.143999, "volume": 32361, "typical_volume": 28777.15, "trend": 16.793, "fair_value": 14.664308, "relative_strength": -8.030656, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.659377, "energy": 56.064665, "activity_lines": [ 17.181333, 17.107018, 17.046038, 16.897222 ] }, { "date": "2025-09-05", "close": 17.15, "volume": 15303, "typical_volume": 27844.0, "trend": 16.806333, "fair_value": 14.698487, "relative_strength": -6.434273, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.50625, "energy": 59.422359, "activity_lines": [ 17.204133, 17.122582, 17.0694, 16.920254 ] }, { "date": "2025-09-12", "close": 17.318001, "volume": 8015, "typical_volume": 28182.15, "trend": 16.818667, "fair_value": 14.733744, "relative_strength": -7.386299, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.378074, "energy": 58.657058, "activity_lines": [ 17.246667, 17.165564, 17.101429, 16.953265 ] }, { "date": "2025-09-19", "close": 17.33, "volume": 46147, "typical_volume": 29986.5, "trend": 16.8286, "fair_value": 14.769077, "relative_strength": -6.531169, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.74301, "energy": 44.467951, "activity_lines": [ 17.271467, 17.202728, 17.128591, 16.986254 ] }, { "date": "2025-09-26", "close": 17.32, "volume": 169887, "typical_volume": 38389.1, "trend": 16.838667, "fair_value": 14.807974, "relative_strength": -7.070076, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.478898, "energy": 41.488879, "activity_lines": [ 17.287867, 17.236437, 17.151476, 17.017957 ] }, { "date": "2025-10-03", "close": 17.766001, "volume": 15033, "typical_volume": 36589.8, "trend": 16.853733, "fair_value": 14.848128, "relative_strength": -5.757428, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.977634, "energy": 67.003667, "activity_lines": [ 17.459067, 17.345928, 17.213981, 17.077785 ] }, { "date": "2025-10-10", "close": 17.955999, "volume": 32316, "typical_volume": 33860.75, "trend": 16.8932, "fair_value": 14.890782, "relative_strength": -1.834413, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.347901, "energy": 85.090638, "activity_lines": [ 17.652133, 17.478073, 17.291286, 17.148899 ] }, { "date": "2025-10-17", "close": 17.747999, "volume": 14067, "typical_volume": 32663.55, "trend": 16.925733, "fair_value": 14.93109, "relative_strength": -2.158926, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.421233, "energy": 80.119645, "activity_lines": [ 17.722133, 17.547854, 17.344124, 17.204047 ] }, { "date": "2025-10-24", "close": 17.986, "volume": 5437, "typical_volume": 32509.4, "trend": 16.969, "fair_value": 14.970385, "relative_strength": -2.405751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.526574, "energy": 87.347674, "activity_lines": [ 17.8428, 17.647164, 17.416657, 17.272452 ] }, { "date": "2025-10-31", "close": 17.902, "volume": 50719, "typical_volume": 31602.9, "trend": 17.054267, "fair_value": 15.00941, "relative_strength": -4.254483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.582574, "energy": 86.27673, "activity_lines": [ 17.891733, 17.717891, 17.477914, 17.332645 ] }, { "date": "2025-11-07", "close": 17.666, "volume": 28063, "typical_volume": 32955.1, "trend": 17.1412, "fair_value": 15.044769, "relative_strength": -4.753268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.363082, "energy": 61.250937, "activity_lines": [ 17.8232, 17.7368, 17.513476, 17.372112 ] }, { "date": "2025-11-14", "close": 17.988001, "volume": 96582, "typical_volume": 37438.9, "trend": 17.220467, "fair_value": 15.079692, "relative_strength": -5.200584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.060007, "energy": 57.940254, "activity_lines": [ 17.868667, 17.804764, 17.575257, 17.426744 ] }, { "date": "2025-11-21", "close": 17.577999, "volume": 59488, "typical_volume": 39932.65, "trend": 17.2712, "fair_value": 15.110641, "relative_strength": -4.259435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.275141, "energy": 36.468275, "activity_lines": [ 17.775333, 17.782945, 17.593181, 17.449811 ] }, { "date": "2025-11-28", "close": 18.011999, "volume": 97295, "typical_volume": 42205.45, "trend": 17.3172, "fair_value": 15.143821, "relative_strength": -3.239643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.434199, "energy": 43.017398, "activity_lines": [ 17.838, 17.835309, 17.649105, 17.497604 ] }, { "date": "2025-12-05", "close": 18.096001, "volume": 69393, "typical_volume": 43118.35, "trend": 17.363067, "fair_value": 15.178256, "relative_strength": -2.784099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.740757, "energy": 49.455122, "activity_lines": [ 17.926933, 17.890545, 17.709352, 17.54785 ] }, { "date": "2025-12-12", "close": 18.063999, "volume": 15130, "typical_volume": 43754.5, "trend": 17.396067, "fair_value": 15.215372, "relative_strength": -2.953376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.603697, "energy": 46.899516, "activity_lines": [ 17.992266, 17.925854, 17.761467, 17.593071 ] }, { "date": "2025-12-19", "close": 18.360001, "volume": 31214, "typical_volume": 43239.35, "trend": 17.442133, "fair_value": 15.254538, "relative_strength": -3.884925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.681581, "energy": 73.939431, "activity_lines": [ 18.129733, 18.009564, 17.837238, 17.65526 ] }, { "date": "2025-12-26", "close": 18.402, "volume": 80064, "typical_volume": 45180.6, "trend": 17.484733, "fair_value": 15.294064, "relative_strength": -3.150481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.955481, "energy": 79.950325, "activity_lines": [ 18.2564, 18.093564, 17.908657, 17.717187 ] }, { "date": "2026-01-02", "close": 18.658001, "volume": 44819, "typical_volume": 47273.95, "trend": 17.530067, "fair_value": 15.332064, "relative_strength": -3.260558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.483255, "energy": 89.751473, "activity_lines": [ 18.413467, 18.212218, 17.997743, 17.792882 ] }, { "date": "2026-01-09", "close": 19.032, "volume": 58924, "typical_volume": 48512.85, "trend": 17.590267, "fair_value": 15.37009, "relative_strength": -1.926628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.751602, "energy": 95.410291, "activity_lines": [ 18.652134, 18.386655, 18.115762, 17.889781 ] }, { "date": "2026-01-16", "close": 19.167999, "volume": 84944, "typical_volume": 51142.0, "trend": 17.671467, "fair_value": 15.408987, "relative_strength": -1.30072, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.447968, "energy": 95.475402, "activity_lines": [ 18.873733, 18.565273, 18.239019, 17.99157 ] }, { "date": "2026-01-23", "close": 18.931999, "volume": 20184, "typical_volume": 51386.05, "trend": 17.7366, "fair_value": 15.446141, "relative_strength": -0.285058, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.991847, "energy": 87.277733, "activity_lines": [ 18.943066, 18.673673, 18.330162, 18.072895 ] }, { "date": "2026-01-30", "close": 19.098, "volume": 57015, "typical_volume": 53836.05, "trend": 17.8106, "fair_value": 15.484436, "relative_strength": -0.792084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.100847, "energy": 86.822073, "activity_lines": [ 19.0296, 18.795091, 18.428628, 18.160727 ] }, { "date": "2026-02-06", "close": 19.222, "volume": 106224, "typical_volume": 56839.9, "trend": 17.876667, "fair_value": 15.522615, "relative_strength": -0.760652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.609685, "energy": 75.944404, "activity_lines": [ 19.111066, 18.911418, 18.530428, 18.251785 ] }, { "date": "2026-02-13", "close": 19.271999, "volume": 30605, "typical_volume": 49875.8, "trend": 17.951467, "fair_value": 15.561115, "relative_strength": 0.575293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.625209, "energy": 69.287825, "activity_lines": [ 19.171599, 19.014836, 18.627981, 18.341806 ] }, { "date": "2026-02-20", "close": 19.677999, "volume": 56163, "typical_volume": 51932.3, "trend": 18.037, "fair_value": 15.601449, "relative_strength": 0.482564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.112522, "energy": 90.641189, "activity_lines": [ 19.351466, 19.17069, 18.754904, 18.453196 ] }, { "date": "2026-02-27", "close": 19.823999, "volume": 23517, "typical_volume": 51492.35, "trend": 18.144267, "fair_value": 15.643718, "relative_strength": -0.259598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.962784, "energy": 94.834071, "activity_lines": [ 19.545999, 19.323745, 18.886628, 18.568486 ] }, { "date": "2026-03-06", "close": 18.872, "volume": 45269, "typical_volume": 53052.45, "trend": 18.206933, "fair_value": 15.680628, "relative_strength": 1.625366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.54575, "energy": 64.607492, "activity_lines": [ 19.363733, 19.27709, 18.91879, 18.615436 ] }, { "date": "2026-03-13", "close": 18.620001, "volume": 166431, "typical_volume": 61102.15, "trend": 18.252467, "fair_value": 15.718936, "relative_strength": -0.042189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.686615, "energy": 42.318429, "activity_lines": [ 19.112533, 19.176072, 18.9216, 18.642086 ] }, { "date": "2026-03-20", "close": 17.9, "volume": 85204, "typical_volume": 62826.4, "trend": 18.268733, "fair_value": 15.7505, "relative_strength": -0.542863, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -0.40097, "energy": 17.73909, "activity_lines": [ 18.661467, 18.944836, 18.852819, 18.619346 ] }, { "date": "2026-03-27", "close": 17.950001, "volume": 253348, "typical_volume": 74090.65, "trend": 18.2956, "fair_value": 15.779923, "relative_strength": -1.425343, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -15.586811, "energy": 34.801606, "activity_lines": [ 18.318534, 18.743273, 18.788809, 18.598783 ] }, { "date": "2026-04-03", "close": 18.636, "volume": 162958, "typical_volume": 77409.45, "trend": 18.345133, "fair_value": 15.814103, "relative_strength": -2.54262, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.453487, "energy": 33.823201, "activity_lines": [ 18.319467, 18.688582, 18.788781, 18.620744 ] }, { "date": "2026-04-10", "close": 19.233999, "volume": 44868, "typical_volume": 76678.45, "trend": 18.409, "fair_value": 15.85, "relative_strength": -3.436347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.076027, "energy": 23.806142, "activity_lines": [ 18.598933, 18.748, 18.842619, 18.67809 ] }, { "date": "2026-04-17", "close": 19.652, "volume": 60922, "typical_volume": 74859.8, "trend": 18.4864, "fair_value": 15.888577, "relative_strength": -3.741288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.099932, "energy": 28.256164, "activity_lines": [ 18.9936, 18.880945, 18.928381, 18.758284 ] }, { "date": "2026-04-24", "close": 19.212, "volume": 60638, "typical_volume": 74422.05, "trend": 18.549467, "fair_value": 15.924179, "relative_strength": -3.382208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.396465, "energy": 36.098744, "activity_lines": [ 19.1728, 18.926073, 18.964428, 18.805097 ] }, { "date": "2026-05-01", "close": 19.24, "volume": 87368, "typical_volume": 78033.95, "trend": 18.5986, "fair_value": 15.959795, "relative_strength": -4.269573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.73855, "energy": 38.891756, "activity_lines": [ 19.273867, 18.977382, 18.997828, 18.849647 ] }, { "date": "2026-05-08", "close": 19.284, "volume": 322193, "typical_volume": 92582.9, "trend": 18.642867, "fair_value": 15.995436, "relative_strength": -5.937664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.101531, "energy": 48.768713, "activity_lines": [ 19.3036, 19.044655, 19.029819, 18.893867 ] }, { "date": "2026-05-15", "close": 19.1, "volume": 186173, "typical_volume": 97888.35, "trend": 18.687933, "fair_value": 16.029897, "relative_strength": -6.370543, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.908514, "energy": 33.406703, "activity_lines": [ 19.2288, 19.088291, 19.039886, 18.923359 ] }, { "date": "2026-05-22", "close": 19.798, "volume": 364011, "typical_volume": 113847.95, "trend": 18.748333, "fair_value": 16.069192, "relative_strength": -3.588254, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.184274, "energy": 37.873645, "activity_lines": [ 19.3956, 19.254691, 19.113105, 18.994976 ] }, { "date": "2026-05-29", "close": 19.82, "volume": 145457, "typical_volume": 118174.6, "trend": 18.812267, "fair_value": 16.110654, "relative_strength": -4.35799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.073209, "energy": 41.496227, "activity_lines": [ 19.56, 19.403673, 19.18299, 19.064116 ] }, { "date": "2026-06-05", "close": 19.743999, "volume": 6680, "typical_volume": 114261.4, "trend": 18.881533, "fair_value": 16.149962, "relative_strength": -4.315081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.88011, "energy": 51.626191, "activity_lines": [ 19.658533, 19.503927, 19.241886, 19.124228 ] }, { "date": "2026-06-12", "close": 20.115, "volume": 84269, "typical_volume": 117465.65, "trend": 18.952433, "fair_value": 16.190686, "relative_strength": -5.350248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.975555, "energy": 70.891516, "activity_lines": [ 19.847133, 19.639018, 19.333371, 19.203806 ] }, { "date": "2026-06-19", "close": 20.264999, "volume": 23572, "typical_volume": 115793.5, "trend": 19.042, "fair_value": 16.233949, "relative_strength": -6.897087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.968821, "energy": 77.50631, "activity_lines": [ 20.030333, 19.774491, 19.433509, 19.288488 ] }, { "date": "2026-06-26", "close": 20.280001, "volume": 10637, "typical_volume": 111014.15, "trend": 19.1176, "fair_value": 16.277385, "relative_strength": -3.807321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.935259, "energy": 80.496948, "activity_lines": [ 20.140867, 19.893945, 19.529519, 19.368359 ] }, { "date": "2026-07-03", "close": 20.815001, "volume": 47085, "typical_volume": 111838.15, "trend": 19.208233, "fair_value": 16.323353, "relative_strength": -4.031332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.498699, "energy": 91.124243, "activity_lines": [ 20.3976, 20.099255, 19.671443, 19.477869 ] }, { "date": "2026-07-10", "close": 20.495001, "volume": 225222, "typical_volume": 120291.1, "trend": 19.289267, "fair_value": 16.369128, "relative_strength": -4.957708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.154085, "energy": 85.676849, "activity_lines": [ 20.481334, 20.217237, 19.775543, 19.560886 ] }, { "date": "2026-07-17", "close": 20.455, "volume": 221958, "typical_volume": 130213.15, "trend": 19.3591, "fair_value": 16.412788, "relative_strength": -3.677675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.888512, "energy": 83.638563, "activity_lines": [ 20.501667, 20.305128, 19.871943, 19.636095 ] }, { "date": "2026-07-24", "close": 20.575001, "volume": 106692, "typical_volume": 133284.3, "trend": 19.431533, "fair_value": 16.455615, "relative_strength": -2.858045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.058041, "energy": 80.98416, "activity_lines": [ 20.539334, 20.393546, 19.976767, 19.71454 ] }, { "date": "2026-07-31", "close": 20.705, "volume": 75581, "typical_volume": 128741.8, "trend": 19.499767, "fair_value": 16.500109, "relative_strength": -2.853099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.083371, "energy": 63.933631, "activity_lines": [ 20.599667, 20.478782, 20.085862, 19.796699 ] }, { "date": "2026-08-07", "close": 21.09, "volume": 121069, "typical_volume": 130535.05, "trend": 19.568367, "fair_value": 16.547391, "relative_strength": -3.820243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.922435, "energy": 76.173403, "activity_lines": [ 20.76, 20.617528, 20.221695, 19.899295 ] } ], "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." } } }