{ "ticker": { "uuid": "f9495c6a-14fd-4b73-b715-aec014334f8f", "symbol": "EQUA", "name": "BNP Paribas Easy Quality Europe UCITS ETF Cap", "exchange": "PAR", "country": "FR", "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": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 93.806, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.349, "architecture_energy": 53.177, "architecture_maturity": 48.576, "architecture_confidence": 79.857, "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": 21.45, "rotation_up": 50.32, "upward_expansion": 78.67, "deceleration": 61.25, "rotation_down": 26.87, "downward_expansion": 7.67 }, "activity_lines": [ 206.523329, 206.125451, 203.673998, 201.176795 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 210.149994, "trend_reference": 198.598333, "distance_from_trend": 0.058166, "trend_direction": "Improving", "fair_value": 174.654655, "distance_from_fair_value": 0.203232, "fair_value_direction": "Improving", "relative_strength": 2.564143, "relative_strength_direction": "Weakening", "price_momentum": 0.07296, "excess_performance": 0.019649, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.058166, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034555, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.203232, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039461, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.025641, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.032026, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.07296, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.003268, "read": "Demand-led" } ], "volume": { "latest": 518, "relative_activity": 1.020589, "balance": 2.003268, "dry_up": 1.523988, "accumulation_observations": 5, "distribution_observations": 3 }, "risk": { "range_context": 0.018101, "annualized_volatility": 0.159971, "from_high_reference": -0.002847, "from_low_reference": 0.22866 }, "levels": { "trend_reference": 198.598333, "fair_value_reference": 174.654655, "structural_low": 179.520004, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": 0.000931, "positive_rate": 0.513514, "directional_follow_through": 0.513514, "median_excess_return": -0.004564, "regime_survival": 0.72973, "best_return": 0.056778, "worst_return": -0.049702, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.003088, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.007003, "regime_survival": 0.285714, "best_return": 0.07161, "worst_return": -0.093226, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.049743, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.012165, "regime_survival": 0.5, "best_return": 0.098648, "worst_return": -0.181431, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.062989, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.052837, "regime_survival": 0.5, "best_return": 0.198485, "worst_return": -0.152151, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-24", "tenure": "Developing", "return": 0.023014, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-21", "tenure": "Developing", "return": -0.015968, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.022332, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.079633, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.019482, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": -0.018202, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.016423, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-22", "end": "2025-10-03", "tenure": "Developing", "return": 0.036924, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-10", "end": "2025-11-21", "tenure": "Developing", "return": -0.009614, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.004673, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-20", "tenure": "Established", "return": -0.006061, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.080017, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.072303, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 148.259995, "volume": 67, "typical_volume": 428.55, "trend": 147.892666, "fair_value": 141.289102, "relative_strength": 1.240931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.32715, "energy": 24.806836, "activity_lines": [ 151.133332, 151.08109, 150.75038, 149.603225 ] }, { "date": "2023-08-25", "close": 148.919998, "volume": 24, "typical_volume": 347.55, "trend": 148.113332, "fair_value": 141.47423, "relative_strength": 0.844509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.057625, "energy": 14.159857, "activity_lines": [ 150.150665, 150.71818, 150.631237, 149.669504 ] }, { "date": "2023-09-01", "close": 151.240005, "volume": 233, "typical_volume": 352.3, "trend": 148.321332, "fair_value": 141.684615, "relative_strength": 1.503549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.343435, "energy": 17.163672, "activity_lines": [ 150.198667, 150.847636, 150.719237, 149.871225 ] }, { "date": "2023-09-08", "close": 150.559998, "volume": 97, "typical_volume": 357.1, "trend": 148.583999, "fair_value": 141.870384, "relative_strength": 1.86549, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.315557, "energy": 16.789795, "activity_lines": [ 150.236, 150.792727, 150.731333, 150.015655 ] }, { "date": "2023-09-15", "close": 151.979996, "volume": 7, "typical_volume": 345.75, "trend": 148.815333, "fair_value": 142.064999, "relative_strength": 0.923537, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.007217, "energy": 15.33244, "activity_lines": [ 150.797332, 151.002908, 150.869808, 150.234752 ] }, { "date": "2023-09-22", "close": 148.660004, "volume": 0, "typical_volume": 338.7, "trend": 148.932666, "fair_value": 142.264999, "relative_strength": 1.398893, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.050397, "energy": 4.511469, "activity_lines": [ 150.286667, 150.510909, 150.673237, 150.224731 ] }, { "date": "2023-09-29", "close": 148.339996, "volume": 29, "typical_volume": 243.6, "trend": 149.064666, "fair_value": 142.44705, "relative_strength": 1.906906, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.030309, "energy": 6.389162, "activity_lines": [ 149.642666, 150.014545, 150.446951, 150.186494 ] }, { "date": "2023-10-06", "close": 147.440002, "volume": 207, "typical_volume": 252.45, "trend": 149.269332, "fair_value": 142.609102, "relative_strength": 2.368233, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.285069, "energy": 27.272509, "activity_lines": [ 148.737333, 149.435272, 150.144761, 150.081677 ] }, { "date": "2023-10-13", "close": 148.479996, "volume": 237, "typical_volume": 260.25, "trend": 149.521999, "fair_value": 142.783076, "relative_strength": 3.866942, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.230176, "energy": 37.210993, "activity_lines": [ 148.431999, 149.17309, 149.960571, 150.030752 ] }, { "date": "2023-10-20", "close": 142.300003, "volume": 18, "typical_volume": 261.15, "trend": 149.556666, "fair_value": 142.926025, "relative_strength": 2.245463, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -53.534389, "energy": 63.656386, "activity_lines": [ 146.205333, 147.838909, 149.19638, 149.564817 ] }, { "date": "2023-10-27", "close": 141.940002, "volume": 624, "typical_volume": 276.2, "trend": 149.442666, "fair_value": 143.103717, "relative_strength": 2.257662, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -80.735652, "energy": 79.922343, "activity_lines": [ 144.504001, 146.624727, 148.440095, 149.073419 ] }, { "date": "2023-11-03", "close": 146.339996, "volume": 297, "typical_volume": 277.35, "trend": 149.453333, "fair_value": 143.259871, "relative_strength": 1.611863, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.71618, "energy": 69.934703, "activity_lines": [ 144.717333, 146.325454, 148.143809, 148.873247 ] }, { "date": "2023-11-10", "close": 147.860001, "volume": 1455, "typical_volume": 346.7, "trend": 149.418666, "fair_value": 143.401409, "relative_strength": 2.683402, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.310978, "energy": 59.919846, "activity_lines": [ 145.570666, 146.349454, 148.023047, 148.770451 ] }, { "date": "2023-11-17", "close": 151.919998, "volume": 1157, "typical_volume": 354.3, "trend": 149.525999, "fair_value": 143.561794, "relative_strength": 2.695693, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.482855, "energy": 11.794681, "activity_lines": [ 147.749333, 147.17309, 148.289142, 148.931827 ] }, { "date": "2023-11-24", "close": 153.679993, "volume": 389, "typical_volume": 330.45, "trend": 149.714666, "fair_value": 143.734102, "relative_strength": 3.007999, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 20.542725, "energy": 27.873623, "activity_lines": [ 150.28533, 148.291998, 148.718189, 149.199827 ] }, { "date": "2023-12-01", "close": 155.800003, "volume": 144, "typical_volume": 320.45, "trend": 149.947332, "fair_value": 143.923589, "relative_strength": 3.634583, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.695026, "energy": 43.763113, "activity_lines": [ 152.769332, 149.765454, 149.315237, 149.592429 ] }, { "date": "2023-12-08", "close": 158.320007, "volume": 268, "typical_volume": 333.55, "trend": 150.211333, "fair_value": 144.13064, "relative_strength": 2.751363, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.745769, "energy": 70.024415, "activity_lines": [ 155.169335, 151.567273, 150.132381, 150.132602 ] }, { "date": "2023-12-15", "close": 160.720001, "volume": 498, "typical_volume": 333.4, "trend": 150.521333, "fair_value": 144.339999, "relative_strength": 3.31325, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.980908, "energy": 92.558033, "activity_lines": [ 157.570668, 153.624001, 151.151714, 150.81058 ] }, { "date": "2023-12-22", "close": 161.339996, "volume": 10, "typical_volume": 331.75, "trend": 150.889999, "fair_value": 144.555384, "relative_strength": 4.036005, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.143787, "energy": 93.830586, "activity_lines": [ 159.321334, 155.552, 152.200381, 151.508559 ] }, { "date": "2023-12-29", "close": 161.339996, "volume": 84, "typical_volume": 292.25, "trend": 151.229332, "fair_value": 144.76705, "relative_strength": 4.330542, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.70849, "energy": 91.21487, "activity_lines": [ 160.443999, 157.246181, 153.201333, 152.182752 ] }, { "date": "2024-01-05", "close": 160.360001, "volume": 9, "typical_volume": 289.35, "trend": 151.556666, "fair_value": 144.951153, "relative_strength": 5.258781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.10887, "energy": 87.718996, "activity_lines": [ 160.729332, 158.415999, 154.066857, 152.771827 ] }, { "date": "2024-01-12", "close": 161.139999, "volume": 1259, "typical_volume": 351.1, "trend": 151.834666, "fair_value": 145.143845, "relative_strength": 4.990205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.156315, "energy": 84.750585, "activity_lines": [ 160.970665, 159.392727, 154.949047, 153.390107 ] }, { "date": "2024-01-19", "close": 158.380005, "volume": 97, "typical_volume": 344.3, "trend": 152.184, "fair_value": 145.320768, "relative_strength": 4.379818, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.176589, "energy": 63.672163, "activity_lines": [ 160.104001, 159.598546, 155.51019, 153.812387 ] }, { "date": "2024-01-26", "close": 162.5, "volume": 215, "typical_volume": 350.2, "trend": 152.569333, "fair_value": 145.538204, "relative_strength": 3.293358, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.803645, "energy": 65.519503, "activity_lines": [ 160.766668, 160.362182, 156.429714, 154.477935 ] }, { "date": "2024-02-02", "close": 162.179993, "volume": 367, "typical_volume": 368.2, "trend": 153.089999, "fair_value": 145.731281, "relative_strength": 3.531383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.690596, "energy": 64.383499, "activity_lines": [ 161.245332, 160.875272, 157.261904, 155.097978 ] }, { "date": "2024-02-09", "close": 162.520004, "volume": 142, "typical_volume": 375.3, "trend": 153.453333, "fair_value": 145.91782, "relative_strength": 2.879919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.286652, "energy": 63.928388, "activity_lines": [ 161.781333, 161.295636, 158.077905, 155.706365 ] }, { "date": "2024-02-16", "close": 163.699997, "volume": 613, "typical_volume": 404.5, "trend": 153.817333, "fair_value": 146.109743, "relative_strength": 1.89078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.423467, "energy": 80.771253, "activity_lines": [ 162.566666, 161.808363, 158.940285, 156.36744 ] }, { "date": "2024-02-23", "close": 164.839996, "volume": 620, "typical_volume": 425.15, "trend": 154.162666, "fair_value": 146.330512, "relative_strength": -0.0023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.452109, "energy": 86.070295, "activity_lines": [ 163.561331, 162.430544, 159.838094, 157.07858 ] }, { "date": "2024-03-01", "close": 164.559998, "volume": 364, "typical_volume": 431.5, "trend": 154.603999, "fair_value": 146.543461, "relative_strength": 0.135251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.376214, "energy": 84.088818, "activity_lines": [ 164.031998, 162.926908, 160.62638, 157.749376 ] }, { "date": "2024-03-08", "close": 165.220001, "volume": 326, "typical_volume": 446.9, "trend": 155.027999, "fair_value": 146.728974, "relative_strength": -0.731554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.378737, "energy": 80.606315, "activity_lines": [ 164.585332, 163.484726, 161.400952, 158.434279 ] }, { "date": "2024-03-15", "close": 165.199997, "volume": 1387, "typical_volume": 485.05, "trend": 155.592666, "fair_value": 146.912948, "relative_strength": -2.391045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.469571, "energy": 67.46465, "activity_lines": [ 164.929331, 163.968362, 162.064475, 159.090537 ] }, { "date": "2024-03-22", "close": 166.839996, "volume": 847, "typical_volume": 512.55, "trend": 156.189999, "fair_value": 147.092691, "relative_strength": -1.301928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.80361, "energy": 69.490897, "activity_lines": [ 165.641331, 164.66218, 162.773427, 159.816171 ] }, { "date": "2024-03-29", "close": 167.639999, "volume": 70, "typical_volume": 443.3, "trend": 156.736666, "fair_value": 147.265512, "relative_strength": -1.532732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.842006, "energy": 69.686272, "activity_lines": [ 166.410665, 165.397816, 163.460951, 160.554881 ] }, { "date": "2024-04-05", "close": 164.919998, "volume": 139, "typical_volume": 392.4, "trend": 157.215332, "fair_value": 147.411025, "relative_strength": -1.441777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.034071, "energy": 59.50826, "activity_lines": [ 166.086665, 165.470543, 163.795237, 161.082838 ] }, { "date": "2024-04-12", "close": 164.339996, "volume": 281, "typical_volume": 387.0, "trend": 157.627332, "fair_value": 147.543717, "relative_strength": -1.234772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.52978, "energy": 51.945308, "activity_lines": [ 165.545331, 165.393816, 164.012379, 161.542493 ] }, { "date": "2024-04-19", "close": 161.339996, "volume": 918, "typical_volume": 425.7, "trend": 158.049999, "fair_value": 147.65705, "relative_strength": -3.221222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.077969, "energy": 28.290551, "activity_lines": [ 164.062663, 164.732361, 163.893046, 161.78202 ] }, { "date": "2024-04-26", "close": 164.300003, "volume": 459, "typical_volume": 435.25, "trend": 158.581999, "fair_value": 147.790768, "relative_strength": -2.297997, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.081026, "energy": 24.337294, "activity_lines": [ 163.823999, 164.630544, 164.029237, 162.185246 ] }, { "date": "2024-05-03", "close": 163.820007, "volume": 306, "typical_volume": 425.65, "trend": 159.127999, "fair_value": 147.906025, "relative_strength": -1.035479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.317037, "energy": 22.320855, "activity_lines": [ 163.594668, 164.430545, 164.091237, 162.523182 ] }, { "date": "2024-05-10", "close": 169.380005, "volume": 883, "typical_volume": 469.3, "trend": 159.824666, "fair_value": 148.057435, "relative_strength": -0.962741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.999872, "energy": 37.546779, "activity_lines": [ 165.473337, 165.260001, 164.668, 163.184602 ] }, { "date": "2024-05-17", "close": 169.899994, "volume": 215, "typical_volume": 475.85, "trend": 160.744666, "fair_value": 148.20064, "relative_strength": -0.085177, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.958665, "energy": 56.354623, "activity_lines": [ 167.228001, 166.096364, 165.255999, 163.834623 ] }, { "date": "2024-05-24", "close": 171.240005, "volume": 1636, "typical_volume": 557.2, "trend": 161.721333, "fair_value": 148.346666, "relative_strength": 1.546843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.393988, "energy": 81.654064, "activity_lines": [ 169.058669, 167.091274, 165.930857, 164.511742 ] }, { "date": "2024-05-31", "close": 170.619995, "volume": 426, "typical_volume": 515.55, "trend": 162.530666, "fair_value": 148.478845, "relative_strength": 2.419036, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.008276, "energy": 82.427572, "activity_lines": [ 170.022666, 167.863636, 166.494857, 165.085849 ] }, { "date": "2024-06-07", "close": 173.839996, "volume": 2922, "typical_volume": 656.8, "trend": 163.396666, "fair_value": 148.619871, "relative_strength": 4.153319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.660792, "energy": 88.669037, "activity_lines": [ 171.638665, 169.152727, 167.32038, 165.815483 ] }, { "date": "2024-06-14", "close": 170.619995, "volume": 1361, "typical_volume": 714.1, "trend": 164.019999, "fair_value": 148.746153, "relative_strength": 8.809493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.605885, "energy": 74.589057, "activity_lines": [ 171.51333, 169.743635, 167.765618, 166.281504 ] }, { "date": "2024-06-21", "close": 171.619995, "volume": 333, "typical_volume": 712.4, "trend": 164.617999, "fair_value": 148.864871, "relative_strength": 7.466552, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.33831, "energy": 55.765137, "activity_lines": [ 171.638663, 170.412725, 168.267427, 166.771827 ] }, { "date": "2024-06-28", "close": 168.860001, "volume": 461, "typical_volume": 728.35, "trend": 165.053332, "fair_value": 148.958845, "relative_strength": 7.631627, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.666998, "energy": 45.754525, "activity_lines": [ 170.72933, 170.447635, 168.461427, 167.045504 ] }, { "date": "2024-07-05", "close": 169.660004, "volume": 359, "typical_volume": 715.65, "trend": 165.431332, "fair_value": 149.057179, "relative_strength": 5.232681, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.652723, "energy": 31.355103, "activity_lines": [ 170.245333, 170.491272, 168.701428, 167.342709 ] }, { "date": "2024-07-12", "close": 172.5, "volume": 76, "typical_volume": 688.45, "trend": 165.823999, "fair_value": 149.175384, "relative_strength": 6.147416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.077859, "energy": 35.849433, "activity_lines": [ 170.772, 170.953817, 169.183523, 167.798752 ] }, { "date": "2024-07-19", "close": 166.740005, "volume": 2585, "typical_volume": 799.5, "trend": 166.003999, "fair_value": 149.240127, "relative_strength": 5.036422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.392173, "energy": 16.086746, "activity_lines": [ 169.468002, 170.211273, 169.080571, 167.857849 ] }, { "date": "2024-07-26", "close": 167.520004, "volume": 28, "typical_volume": 784.6, "trend": 166.209999, "fair_value": 149.318076, "relative_strength": 5.607877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.603235, "energy": 16.254111, "activity_lines": [ 168.68267, 169.658546, 169.041524, 167.955656 ] }, { "date": "2024-08-02", "close": 162.259995, "volume": 873, "typical_volume": 758.9, "trend": 166.273333, "fair_value": 149.346922, "relative_strength": 5.879306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.631269, "energy": 21.856107, "activity_lines": [ 166.417334, 168.192727, 168.490571, 167.700817 ] }, { "date": "2024-08-09", "close": 162.179993, "volume": 131, "typical_volume": 723.1, "trend": 166.307999, "fair_value": 149.365255, "relative_strength": 5.419319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.135695, "energy": 39.792561, "activity_lines": [ 164.565331, 166.875635, 167.945999, 167.43673 ] }, { "date": "2024-08-16", "close": 167.039993, "volume": 103, "typical_volume": 724.75, "trend": 166.596665, "fair_value": 149.419871, "relative_strength": 5.788978, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.920489, "energy": 34.390385, "activity_lines": [ 164.831996, 166.595634, 167.886475, 167.483956 ] }, { "date": "2024-08-23", "close": 170.820007, "volume": 35, "typical_volume": 719.55, "trend": 166.873999, "fair_value": 149.49064, "relative_strength": 6.177347, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 1.323053, "energy": 13.829567, "activity_lines": [ 166.722665, 167.126545, 168.189809, 167.756429 ] }, { "date": "2024-08-30", "close": 172.580002, "volume": 139, "typical_volume": 712.45, "trend": 167.220666, "fair_value": 149.572307, "relative_strength": 6.331575, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.612992, "energy": 24.19891, "activity_lines": [ 168.928, 167.973818, 168.632666, 168.124559 ] }, { "date": "2024-09-06", "close": 168.479996, "volume": 98, "typical_volume": 671.45, "trend": 167.419332, "fair_value": 149.631922, "relative_strength": 7.533334, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.693038, "energy": 28.205258, "activity_lines": [ 169.429333, 168.058181, 168.645809, 168.205806 ] }, { "date": "2024-09-13", "close": 170.300003, "volume": 108, "typical_volume": 653.9, "trend": 167.639332, "fair_value": 149.712691, "relative_strength": 6.836785, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.277886, "energy": 33.522218, "activity_lines": [ 170.122667, 168.480363, 168.798285, 168.391655 ] }, { "date": "2024-09-20", "close": 170.220001, "volume": 279, "typical_volume": 652.55, "trend": 167.818666, "fair_value": 149.79423, "relative_strength": 6.096612, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.439855, "energy": 32.228919, "activity_lines": [ 170.248001, 168.876364, 168.914571, 168.55815 ] }, { "date": "2024-09-27", "close": 174.479996, "volume": 39, "typical_volume": 610.35, "trend": 168.149333, "fair_value": 149.935127, "relative_strength": 4.532277, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.330702, "energy": 55.330689, "activity_lines": [ 171.581332, 170.088363, 169.406095, 168.987913 ] }, { "date": "2024-10-04", "close": 170.940002, "volume": 84, "typical_volume": 603.8, "trend": 168.339999, "fair_value": 150.052563, "relative_strength": 5.643123, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.883013, "energy": 42.667807, "activity_lines": [ 171.490667, 170.516, 169.53619, 169.167957 ] }, { "date": "2024-10-11", "close": 172.720001, "volume": 728, "typical_volume": 558.4, "trend": 168.590666, "fair_value": 150.157691, "relative_strength": 6.077266, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.267098, "energy": 46.059442, "activity_lines": [ 172.102667, 171.205091, 169.830857, 169.450537 ] }, { "date": "2024-10-18", "close": 174.240005, "volume": 123, "typical_volume": 543.25, "trend": 168.837333, "fair_value": 150.262563, "relative_strength": 6.325268, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.905004, "energy": 58.715375, "activity_lines": [ 172.938669, 171.980365, 170.263238, 169.815011 ] }, { "date": "2024-10-25", "close": 170.899994, "volume": 172, "typical_volume": 405.75, "trend": 168.946, "fair_value": 150.354486, "relative_strength": 5.713751, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.336475, "energy": 32.503066, "activity_lines": [ 172.398666, 171.929091, 170.360286, 169.948086 ] }, { "date": "2024-11-01", "close": 166.979996, "volume": 1622, "typical_volume": 418.8, "trend": 169.014666, "fair_value": 150.40064, "relative_strength": 4.356787, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.110406, "energy": 10.922463, "activity_lines": [ 170.506665, 171.094908, 170.097999, 169.821247 ] }, { "date": "2024-11-08", "close": 164.880005, "volume": 201, "typical_volume": 412.2, "trend": 169.032666, "fair_value": 150.425768, "relative_strength": 3.896556, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.356428, "energy": 19.584144, "activity_lines": [ 168.414667, 169.948727, 169.653048, 169.554494 ] }, { "date": "2024-11-15", "close": 165.580002, "volume": 80, "typical_volume": 393.15, "trend": 169.174, "fair_value": 150.455768, "relative_strength": 5.162468, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.879366, "energy": 35.200534, "activity_lines": [ 166.960001, 169.069819, 169.306857, 169.331742 ] }, { "date": "2024-11-22", "close": 166.380005, "volume": 684, "typical_volume": 409.4, "trend": 169.243333, "fair_value": 150.529358, "relative_strength": 5.708904, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.185526, "energy": 50.360334, "activity_lines": [ 166.248002, 168.389092, 169.052477, 169.151484 ] }, { "date": "2024-11-29", "close": 167.720001, "volume": 308, "typical_volume": 421.0, "trend": 169.373333, "fair_value": 150.611922, "relative_strength": 6.666802, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.274585, "energy": 54.431888, "activity_lines": [ 166.506669, 168.023274, 168.941334, 169.053205 ] }, { "date": "2024-12-06", "close": 172.539993, "volume": 97, "typical_volume": 296.6, "trend": 169.478666, "fair_value": 150.695512, "relative_strength": 6.69141, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.432858, "energy": 8.196937, "activity_lines": [ 168.584, 168.579273, 169.312, 169.257505 ] }, { "date": "2024-12-13", "close": 171.199997, "volume": 623, "typical_volume": 326.35, "trend": 169.522, "fair_value": 150.783461, "relative_strength": 5.927768, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.639015, "energy": 12.594914, "activity_lines": [ 169.843998, 168.926908, 169.527428, 169.368559 ] }, { "date": "2024-12-20", "close": 166.479996, "volume": 367, "typical_volume": 301.05, "trend": 169.363333, "fair_value": 150.823973, "relative_strength": 4.77527, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.187289, "energy": 18.536592, "activity_lines": [ 169.10933, 168.411635, 169.275809, 169.172301 ] }, { "date": "2024-12-27", "close": 168.160004, "volume": 1475, "typical_volume": 368.25, "trend": 169.281333, "fair_value": 150.868204, "relative_strength": 4.533109, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.825648, "energy": 14.897377, "activity_lines": [ 168.874665, 168.315272, 169.164095, 169.094666 ] }, { "date": "2025-01-03", "close": 168.240005, "volume": 35, "typical_volume": 364.85, "trend": 169.094667, "fair_value": 150.92205, "relative_strength": 5.494883, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -24.010201, "energy": 12.045145, "activity_lines": [ 168.548001, 168.344001, 169.031524, 169.027484 ] }, { "date": "2025-01-10", "close": 169.139999, "volume": 156, "typical_volume": 370.9, "trend": 169.045333, "fair_value": 151.011409, "relative_strength": 3.828012, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -40.414998, "energy": 21.229737, "activity_lines": [ 168.486668, 168.584728, 168.978953, 169.030409 ] }, { "date": "2025-01-17", "close": 171.699997, "volume": 538, "typical_volume": 390.85, "trend": 169.048, "fair_value": 151.128589, "relative_strength": 1.519313, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.044206, "energy": 18.370775, "activity_lines": [ 169.505333, 169.251636, 169.17819, 169.201677 ] }, { "date": "2025-01-24", "close": 175.139999, "volume": 394, "typical_volume": 405.65, "trend": 169.257333, "fair_value": 151.293204, "relative_strength": 0.636212, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.85734, "energy": 52.674388, "activity_lines": [ 171.637333, 170.419999, 169.709238, 169.59471 ] }, { "date": "2025-01-31", "close": 177.860001, "volume": 115, "typical_volume": 406.0, "trend": 169.530667, "fair_value": 151.489358, "relative_strength": 1.819118, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.679296, "energy": 76.417969, "activity_lines": [ 174.098666, 171.909091, 170.467619, 170.14972 ] }, { "date": "2025-02-07", "close": 178.339996, "volume": 245, "typical_volume": 404.3, "trend": 169.725333, "fair_value": 151.678332, "relative_strength": 1.701792, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.125028, "energy": 82.296932, "activity_lines": [ 176.073332, 173.276726, 171.235714, 170.718064 ] }, { "date": "2025-02-14", "close": 181.699997, "volume": 139, "typical_volume": 409.3, "trend": 170.223999, "fair_value": 151.90782, "relative_strength": 0.913287, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.897598, "energy": 90.919193, "activity_lines": [ 178.494664, 175.062181, 172.285142, 171.490623 ] }, { "date": "2025-02-21", "close": 181.059998, "volume": 1115, "typical_volume": 460.85, "trend": 170.675333, "fair_value": 152.144486, "relative_strength": 0.721103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.182967, "energy": 90.442569, "activity_lines": [ 179.865331, 176.564726, 173.239237, 172.18972 ] }, { "date": "2025-02-28", "close": 180.100006, "volume": 220, "typical_volume": 435.45, "trend": 171.27, "fair_value": 152.429102, "relative_strength": 0.588394, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.256142, "energy": 84.958447, "activity_lines": [ 180.292, 177.713454, 174.053714, 172.797763 ] }, { "date": "2025-03-07", "close": 178.380005, "volume": 239, "typical_volume": 441.25, "trend": 171.81, "fair_value": 152.688845, "relative_strength": -0.604719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.019196, "energy": 74.831719, "activity_lines": [ 179.814669, 178.301819, 174.669238, 173.256473 ] }, { "date": "2025-03-14", "close": 174.199997, "volume": 193, "typical_volume": 442.3, "trend": 172.048667, "fair_value": 152.870768, "relative_strength": -1.940173, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.937051, "energy": 39.963749, "activity_lines": [ 177.909334, 177.944364, 174.866952, 173.410667 ] }, { "date": "2025-03-21", "close": 175.020004, "volume": 518, "typical_volume": 387.1, "trend": 172.188667, "fair_value": 153.076409, "relative_strength": -1.768781, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.182018, "energy": 26.339602, "activity_lines": [ 176.553336, 177.627637, 175.127048, 173.602366 ] }, { "date": "2025-03-28", "close": 171.380005, "volume": 132, "typical_volume": 383.65, "trend": 172.148667, "fair_value": 153.254743, "relative_strength": -2.373568, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.882427, "energy": 21.915446, "activity_lines": [ 174.429337, 176.542184, 175.002191, 173.550194 ] }, { "date": "2025-04-04", "close": 157.619995, "volume": 274, "typical_volume": 393.35, "trend": 171.786667, "fair_value": 153.340897, "relative_strength": -2.401297, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -49.121298, "energy": 47.460004, "activity_lines": [ 168.364, 172.960728, 173.535905, 172.61286 ] }, { "date": "2025-04-11", "close": 155.160004, "volume": 1280, "typical_volume": 423.15, "trend": 171.282, "fair_value": 153.418076, "relative_strength": -1.736358, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.683569, "energy": 69.91906, "activity_lines": [ 162.977335, 169.250547, 171.873239, 171.540172 ] }, { "date": "2025-04-18", "close": 161.139999, "volume": 923, "typical_volume": 453.9, "trend": 170.979333, "fair_value": 153.545897, "relative_strength": -0.657654, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.080445, "energy": 78.424669, "activity_lines": [ 161.132001, 167.040365, 170.833524, 170.88585 ] }, { "date": "2025-04-25", "close": 165.759995, "volume": 102, "typical_volume": 454.15, "trend": 170.688667, "fair_value": 153.714358, "relative_strength": -1.348118, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.692341, "energy": 77.433388, "activity_lines": [ 161.697332, 165.982909, 170.265143, 170.549118 ] }, { "date": "2025-05-02", "close": 171.679993, "volume": 35, "typical_volume": 424.75, "trend": 170.713333, "fair_value": 153.967563, "relative_strength": -1.03329, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.358472, "energy": 44.007963, "activity_lines": [ 164.85333, 166.291635, 170.292857, 170.613075 ] }, { "date": "2025-05-09", "close": 171.440002, "volume": 126, "typical_volume": 412.7, "trend": 170.670667, "fair_value": 154.211538, "relative_strength": -0.961127, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.406964, "energy": 17.641436, "activity_lines": [ 167.909331, 166.727272, 170.295428, 170.659957 ] }, { "date": "2025-05-16", "close": 178.960007, "volume": 316, "typical_volume": 354.75, "trend": 170.828, "fair_value": 154.505769, "relative_strength": 1.344625, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 29.657895, "energy": 31.245458, "activity_lines": [ 172.550667, 168.687637, 170.990572, 171.194753 ] }, { "date": "2025-05-23", "close": 177.600006, "volume": 1701, "typical_volume": 438.05, "trend": 171.051334, "fair_value": 154.764743, "relative_strength": 2.395719, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.669768, "energy": 35.924987, "activity_lines": [ 175.152003, 170.390183, 171.504763, 171.631656 ] }, { "date": "2025-05-30", "close": 178.399994, "volume": 1723, "typical_volume": 516.4, "trend": 171.432, "fair_value": 155.030769, "relative_strength": 2.478366, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.7693, "energy": 46.328308, "activity_lines": [ 176.922667, 172.176364, 172.050572, 172.105764 ] }, { "date": "2025-06-06", "close": 181.059998, "volume": 722, "typical_volume": 525.6, "trend": 171.971333, "fair_value": 155.349487, "relative_strength": 3.170194, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 72.73797, "energy": 66.930322, "activity_lines": [ 178.737333, 174.384727, 172.805619, 172.726925 ] }, { "date": "2025-06-13", "close": 178.0, "volume": 840, "typical_volume": 547.9, "trend": 172.385333, "fair_value": 155.691025, "relative_strength": 2.9756, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.929583, "energy": 62.173077, "activity_lines": [ 178.906666, 175.860727, 173.224667, 173.115871 ] }, { "date": "2025-06-20", "close": 174.039993, "volume": 650, "typical_volume": 574.65, "trend": 172.640666, "fair_value": 155.985128, "relative_strength": 1.907388, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.871789, "energy": 39.338624, "activity_lines": [ 177.318664, 176.24618, 173.252952, 173.222623 ] }, { "date": "2025-06-27", "close": 176.020004, "volume": 13, "typical_volume": 563.05, "trend": 172.917333, "fair_value": 156.297435, "relative_strength": 1.674664, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.164719, "energy": 32.812884, "activity_lines": [ 176.718665, 176.648363, 173.488, 173.440645 ] }, { "date": "2025-07-04", "close": 174.759995, "volume": 385, "typical_volume": 575.35, "trend": 172.991333, "fair_value": 156.578974, "relative_strength": 0.832952, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.995471, "energy": 20.748423, "activity_lines": [ 175.803998, 176.550908, 173.614095, 173.559526 ] }, { "date": "2025-07-11", "close": 176.580002, "volume": 279, "typical_volume": 533.55, "trend": 173.170667, "fair_value": 156.870512, "relative_strength": 0.133103, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.395964, "energy": 21.06007, "activity_lines": [ 175.738666, 176.620727, 173.946571, 173.791053 ] }, { "date": "2025-07-18", "close": 176.080002, "volume": 210, "typical_volume": 533.05, "trend": 173.490667, "fair_value": 157.131281, "relative_strength": -0.098242, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 36.443814, "energy": 21.091523, "activity_lines": [ 175.805334, 176.510545, 174.252762, 173.978753 ] }, { "date": "2025-07-25", "close": 176.199997, "volume": 254, "typical_volume": 533.8, "trend": 173.758667, "fair_value": 157.368333, "relative_strength": -0.199731, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 36.328479, "energy": 23.065383, "activity_lines": [ 176.04, 176.337817, 174.589523, 174.153548 ] }, { "date": "2025-08-01", "close": 170.220001, "volume": 256, "typical_volume": 536.95, "trend": 173.824666, "fair_value": 157.580512, "relative_strength": 0.082616, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.391922, "energy": 9.096128, "activity_lines": [ 174.137333, 175.127999, 174.367142, 173.925247 ] }, { "date": "2025-08-08", "close": 173.5, "volume": 302, "typical_volume": 526.15, "trend": 173.97, "fair_value": 157.800384, "relative_strength": -0.590506, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -7.307439, "energy": 11.440354, "activity_lines": [ 173.714667, 174.648727, 174.476095, 173.904301 ] }, { "date": "2025-08-15", "close": 173.679993, "volume": 307, "typical_volume": 534.9, "trend": 174.036, "fair_value": 158.032435, "relative_strength": -2.711976, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.48698, "energy": 19.422515, "activity_lines": [ 173.435998, 174.291271, 174.609427, 173.885591 ] }, { "date": "2025-08-22", "close": 176.580002, "volume": 231, "typical_volume": 532.75, "trend": 174.084, "fair_value": 158.304487, "relative_strength": -1.628825, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.640085, "energy": 11.189246, "activity_lines": [ 174.317332, 174.595272, 175.007999, 174.04972 ] }, { "date": "2025-08-29", "close": 175.660004, "volume": 58, "typical_volume": 471.65, "trend": 174.010666, "fair_value": 158.598333, "relative_strength": 1.218801, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.984999, "energy": 19.344218, "activity_lines": [ 174.858667, 174.757818, 175.228666, 174.151398 ] }, { "date": "2025-09-05", "close": 174.820007, "volume": 261, "typical_volume": 438.55, "trend": 173.893334, "fair_value": 158.87564, "relative_strength": 1.1288, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.225951, "energy": 24.168391, "activity_lines": [ 175.156003, 174.738183, 175.271715, 174.203613 ] }, { "date": "2025-09-12", "close": 176.5, "volume": 221, "typical_volume": 444.5, "trend": 173.72, "fair_value": 159.196025, "relative_strength": 0.159473, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.728603, "energy": 32.653418, "activity_lines": [ 175.706669, 175.045819, 175.409619, 174.371785 ] }, { "date": "2025-09-19", "close": 176.660004, "volume": 255, "typical_volume": 455.5, "trend": 173.573334, "fair_value": 159.555769, "relative_strength": -0.094456, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.754675, "energy": 39.533486, "activity_lines": [ 176.11067, 175.350911, 175.51162, 174.561463 ] }, { "date": "2025-09-26", "close": 176.300003, "volume": 280, "typical_volume": 463.2, "trend": 173.446667, "fair_value": 159.909999, "relative_strength": -0.515114, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.104558, "energy": 37.545237, "activity_lines": [ 176.196003, 175.589093, 175.55562, 174.737377 ] }, { "date": "2025-10-03", "close": 183.100006, "volume": 358, "typical_volume": 465.3, "trend": 173.604, "fair_value": 160.29641, "relative_strength": 0.627144, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 84.280223, "energy": 72.059014, "activity_lines": [ 178.566671, 177.059639, 176.224097, 175.360173 ] }, { "date": "2025-10-10", "close": 180.979996, "volume": 1136, "typical_volume": 437.05, "trend": 173.83, "fair_value": 160.672435, "relative_strength": 1.510788, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.194481, "energy": 71.973978, "activity_lines": [ 179.734668, 178.019275, 176.670953, 175.836044 ] }, { "date": "2025-10-17", "close": 182.440002, "volume": 454, "typical_volume": 373.6, "trend": 174.077334, "fair_value": 161.04782, "relative_strength": -0.829465, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.712236, "energy": 77.633342, "activity_lines": [ 180.978668, 179.048729, 177.240763, 176.391528 ] }, { "date": "2025-10-24", "close": 185.836197, "volume": 171, "typical_volume": 346.05, "trend": 174.559207, "fair_value": 161.416642, "relative_strength": 0.402355, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.826634, "energy": 87.836931, "activity_lines": [ 182.958733, 180.533128, 178.114782, 177.150164 ] }, { "date": "2025-10-31", "close": 184.720001, "volume": 50, "typical_volume": 306.55, "trend": 175.46254, "fair_value": 161.765616, "relative_strength": 1.066214, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.99604, "energy": 88.079153, "activity_lines": [ 183.954986, 181.593561, 178.859752, 177.805699 ] }, { "date": "2025-11-07", "close": 180.039993, "volume": 1055, "typical_volume": 326.8, "trend": 176.291873, "fair_value": 162.041129, "relative_strength": 0.607651, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.586856, "energy": 72.691264, "activity_lines": [ 182.829904, 181.655083, 179.127008, 178.101019 ] }, { "date": "2025-11-14", "close": 182.779999, "volume": 57, "typical_volume": 329.0, "trend": 177.013207, "fair_value": 162.341514, "relative_strength": -0.576015, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.208041, "energy": 51.444186, "activity_lines": [ 182.822158, 182.135152, 179.626645, 178.519607 ] }, { "date": "2025-11-21", "close": 179.240005, "volume": 239, "typical_volume": 321.7, "trend": 177.46254, "fair_value": 162.600873, "relative_strength": -0.171355, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.724529, "energy": 30.915042, "activity_lines": [ 181.514413, 181.826858, 179.756949, 178.663272 ] }, { "date": "2025-11-28", "close": 184.039993, "volume": 427, "typical_volume": 329.1, "trend": 177.87454, "fair_value": 162.879975, "relative_strength": 0.779725, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.610705, "energy": 30.105728, "activity_lines": [ 182.019998, 182.341471, 180.323062, 179.087624 ] }, { "date": "2025-12-05", "close": 184.899994, "volume": 408, "typical_volume": 339.0, "trend": 178.323207, "fair_value": 163.180488, "relative_strength": 1.388791, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.721148, "energy": 42.709722, "activity_lines": [ 182.931997, 182.878267, 180.935555, 179.540879 ] }, { "date": "2025-12-12", "close": 184.779999, "volume": 97, "typical_volume": 331.15, "trend": 178.517206, "fair_value": 163.502539, "relative_strength": 1.919961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.539509, "energy": 43.637763, "activity_lines": [ 183.791997, 183.236881, 181.494621, 179.957446 ] }, { "date": "2025-12-19", "close": 187.539993, "volume": 306, "typical_volume": 333.65, "trend": 178.848539, "fair_value": 163.84177, "relative_strength": 2.381409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.78317, "energy": 71.822074, "activity_lines": [ 185.255996, 184.066768, 182.275686, 180.539561 ] }, { "date": "2025-12-26", "close": 189.139999, "volume": 96, "typical_volume": 323.35, "trend": 179.206539, "fair_value": 164.191642, "relative_strength": 3.821463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.315222, "energy": 81.387578, "activity_lines": [ 186.935996, 185.068292, 183.126657, 181.203526 ] }, { "date": "2026-01-02", "close": 189.199997, "volume": 1159, "typical_volume": 365.95, "trend": 179.477873, "fair_value": 164.520744, "relative_strength": 2.694632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.9572, "energy": 85.793884, "activity_lines": [ 187.975997, 185.958906, 183.908865, 181.848266 ] }, { "date": "2026-01-09", "close": 193.940002, "volume": 143, "typical_volume": 361.55, "trend": 180.009206, "fair_value": 164.861129, "relative_strength": 3.128571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.055655, "energy": 95.011864, "activity_lines": [ 190.251999, 187.65018, 185.068597, 182.781306 ] }, { "date": "2026-01-16", "close": 195.479996, "volume": 324, "typical_volume": 374.85, "trend": 180.723873, "fair_value": 165.206257, "relative_strength": 5.120014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.003102, "energy": 95.008002, "activity_lines": [ 192.438665, 189.453816, 186.29233, 183.779422 ] }, { "date": "2026-01-23", "close": 195.240005, "volume": 149, "typical_volume": 369.25, "trend": 181.36454, "fair_value": 165.545616, "relative_strength": 6.314112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.899079, "energy": 91.866482, "activity_lines": [ 193.832001, 190.93309, 187.398824, 184.715946 ] }, { "date": "2026-01-30", "close": 194.600006, "volume": 324, "typical_volume": 374.4, "trend": 182.025873, "fair_value": 165.863565, "relative_strength": 6.038665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.11248, "energy": 87.108898, "activity_lines": [ 194.498669, 192.069455, 188.347129, 185.569847 ] }, { "date": "2026-02-06", "close": 195.860001, "volume": 350, "typical_volume": 379.15, "trend": 182.66854, "fair_value": 166.204462, "relative_strength": 4.708773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.983827, "energy": 82.537713, "activity_lines": [ 195.221336, 193.155637, 189.329242, 186.462372 ] }, { "date": "2026-02-13", "close": 194.220001, "volume": 434, "typical_volume": 386.85, "trend": 183.273207, "fair_value": 166.519719, "relative_strength": 3.25752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.008046, "energy": 65.473215, "activity_lines": [ 194.953336, 193.728728, 190.063737, 187.207627 ] }, { "date": "2026-02-20", "close": 198.419998, "volume": 753, "typical_volume": 406.6, "trend": 184.013873, "fair_value": 166.861257, "relative_strength": 2.870455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.101831, "energy": 70.627558, "activity_lines": [ 196.066668, 194.896001, 191.112898, 188.18484 ] }, { "date": "2026-02-27", "close": 202.25, "volume": 704, "typical_volume": 385.0, "trend": 185.08154, "fair_value": 167.232219, "relative_strength": 3.937968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.746275, "energy": 77.991282, "activity_lines": [ 198.260667, 196.511637, 192.453868, 189.361364 ] }, { "date": "2026-03-06", "close": 191.600006, "volume": 859, "typical_volume": 405.25, "trend": 185.684873, "fair_value": 167.554655, "relative_strength": 5.519493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.445677, "energy": 53.803791, "activity_lines": [ 196.437335, 195.923456, 192.679268, 189.78191 ] }, { "date": "2026-03-13", "close": 190.5, "volume": 564, "typical_volume": 424.9, "trend": 186.24554, "fair_value": 167.872603, "relative_strength": 5.787364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.774604, "energy": 37.202559, "activity_lines": [ 194.447335, 195.090547, 192.756286, 190.092563 ] }, { "date": "2026-03-20", "close": 183.660004, "volume": 175, "typical_volume": 431.15, "trend": 186.48154, "fair_value": 168.144398, "relative_strength": 5.065644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 3.752362, "energy": 14.397845, "activity_lines": [ 190.534669, 192.990366, 192.159667, 189.925755 ] }, { "date": "2026-03-27", "close": 183.460007, "volume": 383, "typical_volume": 397.55, "trend": 186.74154, "fair_value": 168.388629, "relative_strength": 4.265343, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.850324, "energy": 30.277239, "activity_lines": [ 187.259338, 191.04073, 191.549049, 189.730817 ] }, { "date": "2026-04-03", "close": 189.979996, "volume": 502, "typical_volume": 419.8, "trend": 187.246873, "fair_value": 168.670424, "relative_strength": 4.246751, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.284514, "energy": 29.253972, "activity_lines": [ 187.154668, 190.495093, 191.543096, 189.93975 ] }, { "date": "2026-04-10", "close": 196.720001, "volume": 468, "typical_volume": 431.25, "trend": 187.920873, "fair_value": 168.976963, "relative_strength": 3.888221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.529213, "energy": 22.410154, "activity_lines": [ 190.114668, 191.270547, 192.144763, 190.550919 ] }, { "date": "2026-04-17", "close": 203.350006, "volume": 195, "typical_volume": 419.65, "trend": 188.81054, "fair_value": 169.327283, "relative_strength": 5.101608, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.37858, "energy": 34.013424, "activity_lines": [ 194.943336, 193.212911, 193.294621, 191.546347 ] }, { "date": "2026-04-24", "close": 198.139999, "volume": 475, "typical_volume": 423.0, "trend": 189.53854, "fair_value": 169.648565, "relative_strength": 5.561747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.632622, "energy": 43.097841, "activity_lines": [ 197.178668, 194.07182, 193.856335, 192.148248 ] }, { "date": "2026-05-01", "close": 195.979996, "volume": 142, "typical_volume": 425.25, "trend": 189.967873, "fair_value": 169.950873, "relative_strength": 4.783841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.854735, "energy": 43.225636, "activity_lines": [ 197.728666, 194.466728, 194.149287, 192.563825 ] }, { "date": "2026-05-08", "close": 198.139999, "volume": 634, "typical_volume": 441.65, "trend": 190.539873, "fair_value": 170.256898, "relative_strength": 5.766744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.165362, "energy": 53.883039, "activity_lines": [ 198.163999, 195.298728, 194.59462, 193.091059 ] }, { "date": "2026-05-15", "close": 194.600006, "volume": 833, "typical_volume": 478.5, "trend": 190.945207, "fair_value": 170.533693, "relative_strength": 5.810564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.953567, "energy": 29.057795, "activity_lines": [ 196.875335, 195.561819, 194.652335, 193.353003 ] }, { "date": "2026-05-22", "close": 200.199997, "volume": 896, "typical_volume": 465.35, "trend": 191.424, "fair_value": 170.853693, "relative_strength": 6.515403, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.395582, "energy": 30.791516, "activity_lines": [ 197.594666, 196.788546, 195.217382, 193.950087 ] }, { "date": "2026-05-29", "close": 200.949997, "volume": 914, "typical_volume": 503.9, "trend": 191.965, "fair_value": 171.17286, "relative_strength": 5.895768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.419804, "energy": 33.908786, "activity_lines": [ 198.773999, 197.975272, 195.801477, 194.564667 ] }, { "date": "2026-06-05", "close": 200.75, "volume": 542, "typical_volume": 514.8, "trend": 192.655333, "fair_value": 171.494719, "relative_strength": 5.233855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.329016, "energy": 36.559857, "activity_lines": [ 199.699333, 198.811272, 196.333143, 195.131441 ] }, { "date": "2026-06-12", "close": 204.550003, "volume": 267, "typical_volume": 520.7, "trend": 193.381, "fair_value": 171.82645, "relative_strength": 5.406579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.849028, "energy": 62.521252, "activity_lines": [ 201.573334, 200.023818, 197.20162, 195.898839 ] }, { "date": "2026-06-19", "close": 206.449997, "volume": 26, "typical_volume": 505.8, "trend": 194.288, "fair_value": 172.20177, "relative_strength": 5.359784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.763093, "energy": 72.283033, "activity_lines": [ 203.653333, 201.316909, 198.206715, 196.742 ] }, { "date": "2026-06-26", "close": 204.399994, "volume": 20, "typical_volume": 489.3, "trend": 194.966667, "fair_value": 172.544463, "relative_strength": 4.635744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.140098, "energy": 70.875043, "activity_lines": [ 204.259998, 202.060362, 198.960143, 197.394387 ] }, { "date": "2026-07-03", "close": 209.5, "volume": 112, "typical_volume": 473.2, "trend": 195.786667, "fair_value": 172.947924, "relative_strength": 5.526602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.847127, "energy": 81.900343, "activity_lines": [ 206.286665, 203.711999, 200.158619, 198.332022 ] }, { "date": "2026-07-10", "close": 205.199997, "volume": 648, "typical_volume": 467.95, "trend": 196.467333, "fair_value": 173.291386, "relative_strength": 5.278465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.1748, "energy": 71.407915, "activity_lines": [ 206.309998, 204.375271, 200.874809, 198.939333 ] }, { "date": "2026-07-17", "close": 204.050003, "volume": 405, "typical_volume": 453.0, "trend": 197.017667, "fair_value": 173.620039, "relative_strength": 4.521831, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.362211, "energy": 57.425582, "activity_lines": [ 205.653333, 204.661817, 201.44919, 199.428538 ] }, { "date": "2026-07-24", "close": 204.399994, "volume": 646, "typical_volume": 442.35, "trend": 197.526334, "fair_value": 173.940039, "relative_strength": 4.117996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.952922, "energy": 46.412066, "activity_lines": [ 205.146664, 204.904544, 202.048332, 199.904817 ] }, { "date": "2026-07-31", "close": 205.149994, "volume": 1525, "typical_volume": 490.4, "trend": 198.058, "fair_value": 174.285104, "relative_strength": 2.682636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.000042, "energy": 35.781829, "activity_lines": [ 205.026663, 205.105452, 202.657951, 200.396666 ] }, { "date": "2026-08-07", "close": 210.149994, "volume": 518, "typical_volume": 507.55, "trend": 198.598333, "fair_value": 174.654655, "relative_strength": 2.564143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.348931, "energy": 53.177112, "activity_lines": [ 206.523329, 206.125451, 203.673998, 201.176795 ] } ], "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." } } }