{ "ticker": { "uuid": "f98127ac-c4e1-40e9-8b78-dc61d4492726", "symbol": "EHF1", "name": "Amundi Index Solutions - Amundi MSCI Europe High Dividend Factor UCITS ETF-C", "exchange": "GER", "country": "DE", "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": "^GDAXI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 88.993, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 69.903, "architecture_energy": 82.573, "architecture_maturity": 36.482, "architecture_confidence": 75.806, "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": 2.08, "rotation_up": 81.13, "upward_expansion": 97.55, "deceleration": 39.63, "rotation_down": 9.71, "downward_expansion": 19.55 }, "activity_lines": [ 246.173335, 243.33091, 239.293334, 236.852904 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 246.5, "trend_reference": 233.421666, "distance_from_trend": 0.056029, "trend_direction": "Improving", "fair_value": 194.999872, "distance_from_fair_value": 0.264103, "fair_value_direction": "Improving", "relative_strength": 1.778424, "relative_strength_direction": "Weakening", "price_momentum": 0.074542, "excess_performance": 0.009903, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.056029, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.037414, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.264103, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.04002, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.017784, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.040331, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.074542, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.285798, "read": "Demand-led" } ], "volume": { "latest": 10538, "relative_activity": 1.315663, "balance": 1.285798, "dry_up": 1.530185, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.019285, "annualized_volatility": 0.116897, "from_high_reference": -0.018905, "from_low_reference": 0.216383 }, "levels": { "trend_reference": 233.421666, "fair_value_reference": 194.999872, "structural_low": 219.550003, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 45, "median_return": 0.008854, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.001725, "regime_survival": 0.733333, "best_return": 0.076958, "worst_return": -0.065542, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.0185, "positive_rate": 0.866667, "directional_follow_through": 0.866667, "median_excess_return": 0.029581, "regime_survival": 0.533333, "best_return": 0.078238, "worst_return": -0.01985, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.074542, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.009903, "regime_survival": 0.666667, "best_return": 0.113863, "worst_return": -0.03445, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.119062, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.015378, "regime_survival": 0.5, "best_return": 0.165887, "worst_return": 0.046758, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.017544, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-11-01", "tenure": "Established", "return": 0.029298, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-12-20", "tenure": "Developing", "return": -0.01177, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-31", "tenure": "Developing", "return": 0.059768, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-04", "tenure": "Developing", "return": -0.042793, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-04-18", "tenure": "New", "return": 0.04789, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.029487, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-07-11", "tenure": "Developing", "return": 0.002713, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.011095, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": 0.01321, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-26", "end": "2025-10-24", "tenure": "Developing", "return": 0.026592, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-03-27", "tenure": "Established", "return": 0.090778, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.003431, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.061585, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 152.559998, "volume": 1247, "typical_volume": 1545.1, "trend": 154.447333, "fair_value": 139.484231, "relative_strength": -3.251707, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.851351, "energy": 10.652352, "activity_lines": [ 155.606665, 155.740363, 155.639619, 155.167097 ] }, { "date": "2023-08-25", "close": 153.720001, "volume": 291, "typical_volume": 1520.6, "trend": 154.480667, "fair_value": 139.752308, "relative_strength": -2.635504, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.341608, "energy": 12.694944, "activity_lines": [ 154.577333, 155.394545, 155.44819, 155.120172 ] }, { "date": "2023-09-01", "close": 156.740005, "volume": 1537, "typical_volume": 1544.0, "trend": 154.619333, "fair_value": 140.051667, "relative_strength": -1.862189, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.562488, "energy": 19.720787, "activity_lines": [ 154.888001, 155.665455, 155.551524, 155.265936 ] }, { "date": "2023-09-08", "close": 155.559998, "volume": 894, "typical_volume": 1404.6, "trend": 154.724667, "fair_value": 140.333077, "relative_strength": -1.798082, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.45607, "energy": 15.209694, "activity_lines": [ 155.093334, 155.649818, 155.540572, 155.326624 ] }, { "date": "2023-09-15", "close": 161.220001, "volume": 562, "typical_volume": 1393.85, "trend": 154.958, "fair_value": 140.648077, "relative_strength": 0.94356, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.130649, "energy": 40.510523, "activity_lines": [ 157.237334, 156.653091, 156.073334, 155.745678 ] }, { "date": "2023-09-22", "close": 159.080002, "volume": 1105, "typical_volume": 1350.9, "trend": 155.174667, "fair_value": 140.97859, "relative_strength": 1.885419, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.701575, "energy": 49.70364, "activity_lines": [ 158.277335, 157.088364, 156.381429, 156.011613 ] }, { "date": "2023-09-29", "close": 157.679993, "volume": 583, "typical_volume": 1327.1, "trend": 155.267333, "fair_value": 141.284231, "relative_strength": 2.229074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.856444, "energy": 48.424761, "activity_lines": [ 158.415998, 157.205454, 156.546381, 156.173247 ] }, { "date": "2023-10-06", "close": 155.080002, "volume": 3759, "typical_volume": 1354.7, "trend": 155.366667, "fair_value": 141.558205, "relative_strength": 1.698627, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.502664, "energy": 33.80817, "activity_lines": [ 157.423999, 156.868727, 156.457619, 156.161161 ] }, { "date": "2023-10-13", "close": 157.860001, "volume": 1162, "typical_volume": 1241.9, "trend": 155.766, "fair_value": 141.858846, "relative_strength": 3.875765, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.526203, "energy": 22.450765, "activity_lines": [ 157.469333, 157.146182, 156.63981, 156.322022 ] }, { "date": "2023-10-20", "close": 153.0, "volume": 1932, "typical_volume": 1260.15, "trend": 155.932, "fair_value": 142.137821, "relative_strength": 3.38109, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.760736, "energy": 9.934498, "activity_lines": [ 155.741333, 156.512364, 156.340762, 156.14357 ] }, { "date": "2023-10-27", "close": 152.779999, "volume": 636, "typical_volume": 1275.75, "trend": 155.910666, "fair_value": 142.455513, "relative_strength": 4.040248, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.807693, "energy": 20.871898, "activity_lines": [ 154.488, 155.881454, 156.030476, 155.940215 ] }, { "date": "2023-11-03", "close": 156.320007, "volume": 1796, "typical_volume": 1236.4, "trend": 155.947333, "fair_value": 142.756667, "relative_strength": 2.983886, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.538834, "energy": 12.997585, "activity_lines": [ 154.834669, 155.890183, 156.066001, 155.966624 ] }, { "date": "2023-11-10", "close": 154.860001, "volume": 1024, "typical_volume": 1255.25, "trend": 155.898, "fair_value": 142.994744, "relative_strength": 1.729126, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.552081, "energy": 19.79806, "activity_lines": [ 154.785335, 155.586183, 155.96781, 155.896474 ] }, { "date": "2023-11-17", "close": 159.0, "volume": 1613, "typical_volume": 1321.0, "trend": 155.98, "fair_value": 143.248718, "relative_strength": -0.008777, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.038462, "energy": 15.832471, "activity_lines": [ 156.130668, 156.069092, 156.254001, 156.096603 ] }, { "date": "2023-11-24", "close": 160.679993, "volume": 183, "typical_volume": 1245.25, "trend": 156.108, "fair_value": 143.503718, "relative_strength": 0.40243, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.213531, "energy": 35.688882, "activity_lines": [ 157.959999, 156.794909, 156.681143, 156.399828 ] }, { "date": "2023-12-01", "close": 163.839996, "volume": 2609, "typical_volume": 1360.8, "trend": 156.335333, "fair_value": 143.784744, "relative_strength": 0.143818, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 74.316292, "energy": 66.105337, "activity_lines": [ 160.330664, 158.10509, 157.364952, 156.898666 ] }, { "date": "2023-12-08", "close": 165.520004, "volume": 222, "typical_volume": 1263.9, "trend": 156.639334, "fair_value": 144.079744, "relative_strength": -0.909006, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.429983, "energy": 79.961934, "activity_lines": [ 162.523999, 159.634182, 158.169428, 157.491226 ] }, { "date": "2023-12-15", "close": 166.220001, "volume": 1645, "typical_volume": 1245.65, "trend": 156.967334, "fair_value": 144.369744, "relative_strength": -0.350127, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.340376, "energy": 85.505278, "activity_lines": [ 164.337333, 161.148, 159.008191, 158.109333 ] }, { "date": "2023-12-22", "close": 166.720001, "volume": 1319, "typical_volume": 1249.7, "trend": 157.391334, "fair_value": 144.665128, "relative_strength": 0.329316, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.145518, "energy": 86.93181, "activity_lines": [ 165.56, 162.550182, 159.87, 158.738538 ] }, { "date": "2023-12-29", "close": 166.860001, "volume": 851, "typical_volume": 1248.5, "trend": 157.785334, "fair_value": 144.950256, "relative_strength": 0.245873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.156097, "energy": 85.661028, "activity_lines": [ 166.314668, 163.816727, 160.695714, 159.34942 ] }, { "date": "2024-01-05", "close": 167.839996, "volume": 822, "typical_volume": 1227.25, "trend": 158.226667, "fair_value": 145.214615, "relative_strength": 1.844798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.122498, "energy": 88.179224, "activity_lines": [ 166.984, 165.009454, 161.56, 159.998107 ] }, { "date": "2024-01-12", "close": 166.119995, "volume": 1177, "typical_volume": 1271.55, "trend": 158.516, "fair_value": 145.472821, "relative_strength": 0.161327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.505491, "energy": 76.481524, "activity_lines": [ 166.813331, 165.615635, 162.187714, 160.507354 ] }, { "date": "2024-01-19", "close": 162.660004, "volume": 978, "typical_volume": 1243.6, "trend": 158.845333, "fair_value": 145.712564, "relative_strength": -0.976718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.352572, "energy": 52.675832, "activity_lines": [ 165.449333, 165.414545, 162.426857, 160.77471 ] }, { "date": "2024-01-26", "close": 165.779999, "volume": 671, "typical_volume": 1232.45, "trend": 159.204667, "fair_value": 145.999615, "relative_strength": -1.436088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.035268, "energy": 43.712652, "activity_lines": [ 165.362666, 165.638909, 162.934952, 161.222107 ] }, { "date": "2024-02-02", "close": 164.899994, "volume": 2226, "typical_volume": 1315.65, "trend": 159.655333, "fair_value": 146.264231, "relative_strength": -1.687718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.907974, "energy": 34.51417, "activity_lines": [ 165.045331, 165.579999, 163.310571, 161.589548 ] }, { "date": "2024-02-09", "close": 162.600006, "volume": 2847, "typical_volume": 1402.75, "trend": 159.889333, "fair_value": 146.510897, "relative_strength": -3.040725, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.775557, "energy": 26.136306, "activity_lines": [ 164.092, 165.026182, 163.449619, 161.779527 ] }, { "date": "2024-02-16", "close": 165.699997, "volume": 1073, "typical_volume": 1427.25, "trend": 160.122, "fair_value": 146.776026, "relative_strength": -2.24102, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.544672, "energy": 30.84115, "activity_lines": [ 164.521333, 165.058545, 163.867142, 162.154408 ] }, { "date": "2024-02-23", "close": 166.880005, "volume": 1588, "typical_volume": 1318.7, "trend": 160.316, "fair_value": 147.062692, "relative_strength": -3.166227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.044652, "energy": 39.05286, "activity_lines": [ 165.372001, 165.302182, 164.358857, 162.590409 ] }, { "date": "2024-03-01", "close": 166.360001, "volume": 16979, "typical_volume": 2109.55, "trend": 160.65, "fair_value": 147.330256, "relative_strength": -5.082671, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.510047, "energy": 40.879, "activity_lines": [ 165.768001, 165.439273, 164.744857, 162.980344 ] }, { "date": "2024-03-08", "close": 168.080002, "volume": 614, "typical_volume": 2043.65, "trend": 161.074, "fair_value": 147.588462, "relative_strength": -4.450172, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.158297, "energy": 56.333224, "activity_lines": [ 166.698669, 165.895637, 165.254191, 163.459699 ] }, { "date": "2024-03-15", "close": 170.020004, "volume": 1361, "typical_volume": 2079.9, "trend": 161.656, "fair_value": 147.855385, "relative_strength": -3.930821, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.783022, "energy": 75.31277, "activity_lines": [ 168.064003, 166.682547, 165.876477, 164.036861 ] }, { "date": "2024-03-22", "close": 172.199997, "volume": 422, "typical_volume": 2011.2, "trend": 162.272, "fair_value": 148.127564, "relative_strength": -4.056368, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.958696, "energy": 86.104206, "activity_lines": [ 169.661334, 167.826183, 166.624286, 164.717118 ] }, { "date": "2024-03-29", "close": 173.279999, "volume": 1270, "typical_volume": 2023.5, "trend": 162.823333, "fair_value": 148.400513, "relative_strength": -4.867851, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.663207, "energy": 90.540086, "activity_lines": [ 171.185333, 169.055637, 167.399334, 165.427312 ] }, { "date": "2024-04-05", "close": 171.440002, "volume": 3603, "typical_volume": 2123.0, "trend": 163.352667, "fair_value": 148.652564, "relative_strength": -4.136991, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.628073, "energy": 81.965809, "activity_lines": [ 171.669334, 169.757455, 167.911429, 165.983226 ] }, { "date": "2024-04-12", "close": 172.440002, "volume": 349, "typical_volume": 2131.3, "trend": 163.726667, "fair_value": 148.902436, "relative_strength": -2.209648, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.015294, "energy": 78.816753, "activity_lines": [ 172.148001, 170.538183, 168.459524, 166.569506 ] }, { "date": "2024-04-19", "close": 171.139999, "volume": 2446, "typical_volume": 2123.15, "trend": 164.128667, "fair_value": 149.155, "relative_strength": -1.851119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.721042, "energy": 57.289812, "activity_lines": [ 171.902667, 170.945455, 168.82781, 167.047785 ] }, { "date": "2024-04-26", "close": 174.080002, "volume": 7492, "typical_volume": 2486.65, "trend": 164.675334, "fair_value": 149.431026, "relative_strength": -2.443366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.498537, "energy": 59.966746, "activity_lines": [ 172.562668, 171.732001, 169.441334, 167.689807 ] }, { "date": "2024-05-03", "close": 173.179993, "volume": 1503, "typical_volume": 2479.55, "trend": 165.278667, "fair_value": 149.67282, "relative_strength": -2.046621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.614278, "energy": 54.244912, "activity_lines": [ 172.797332, 172.202545, 169.928381, 168.238495 ] }, { "date": "2024-05-10", "close": 179.440002, "volume": 1081, "typical_volume": 2467.65, "trend": 165.998, "fair_value": 149.956538, "relative_strength": -2.624195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.600286, "energy": 68.16325, "activity_lines": [ 175.125333, 173.696727, 170.978476, 169.152129 ] }, { "date": "2024-05-17", "close": 181.399994, "volume": 3139, "typical_volume": 2582.05, "trend": 166.944667, "fair_value": 150.25641, "relative_strength": -1.217828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.688082, "energy": 93.344217, "activity_lines": [ 177.573331, 175.309453, 172.154666, 170.145806 ] }, { "date": "2024-05-24", "close": 179.080002, "volume": 3057, "typical_volume": 2693.8, "trend": 167.821333, "fair_value": 150.544872, "relative_strength": -2.413069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.77931, "energy": 85.978273, "activity_lines": [ 178.650665, 176.258181, 173.040666, 170.928731 ] }, { "date": "2024-05-31", "close": 179.160004, "volume": 2500, "typical_volume": 2759.95, "trend": 168.582667, "fair_value": 150.831795, "relative_strength": -1.343101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.54049, "energy": 85.306504, "activity_lines": [ 179.225334, 177.056727, 173.880762, 171.660258 ] }, { "date": "2024-06-07", "close": 180.059998, "volume": 4992, "typical_volume": 2960.65, "trend": 169.422666, "fair_value": 151.116282, "relative_strength": -1.166456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.212096, "energy": 77.986486, "activity_lines": [ 179.761333, 177.892363, 174.744476, 172.400731 ] }, { "date": "2024-06-14", "close": 176.419998, "volume": 2858, "typical_volume": 3070.0, "trend": 170.003333, "fair_value": 151.383077, "relative_strength": -0.211886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.5209, "energy": 54.020532, "activity_lines": [ 178.625333, 177.942908, 175.178666, 172.852172 ] }, { "date": "2024-06-21", "close": 178.279999, "volume": 2446, "typical_volume": 3081.0, "trend": 170.59, "fair_value": 151.659487, "relative_strength": -0.088507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.759584, "energy": 46.450733, "activity_lines": [ 178.310666, 178.24109, 175.739333, 173.38615 ] }, { "date": "2024-06-28", "close": 177.080002, "volume": 1797, "typical_volume": 3028.5, "trend": 171.031333, "fair_value": 151.928846, "relative_strength": -1.17412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.018594, "energy": 35.243371, "activity_lines": [ 177.804, 178.214909, 176.122, 173.80486 ] }, { "date": "2024-07-05", "close": 178.979996, "volume": 1842, "typical_volume": 3066.95, "trend": 171.48, "fair_value": 152.204231, "relative_strength": -1.408548, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.777292, "energy": 32.050401, "activity_lines": [ 178.063999, 178.426181, 176.616666, 174.317677 ] }, { "date": "2024-07-12", "close": 182.119995, "volume": 999, "typical_volume": 3037.5, "trend": 172.01, "fair_value": 152.502179, "relative_strength": -1.148638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.067135, "energy": 48.031075, "activity_lines": [ 179.382664, 179.119271, 177.347142, 175.004128 ] }, { "date": "2024-07-19", "close": 180.220001, "volume": 1515, "typical_volume": 2264.3, "trend": 172.46, "fair_value": 152.783974, "relative_strength": 0.901089, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.179731, "energy": 44.533102, "activity_lines": [ 179.930665, 179.304362, 177.824094, 175.533806 ] }, { "date": "2024-07-26", "close": 183.240005, "volume": 1360, "typical_volume": 2301.6, "trend": 173.006, "fair_value": 153.084103, "relative_strength": 1.190059, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.751583, "energy": 61.007379, "activity_lines": [ 181.232001, 180.024364, 178.522666, 176.22929 ] }, { "date": "2024-08-02", "close": 180.100006, "volume": 2138, "typical_volume": 2340.45, "trend": 173.414667, "fair_value": 153.357821, "relative_strength": 3.634788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.543742, "energy": 48.299693, "activity_lines": [ 181.156003, 180.140001, 178.85, 176.686968 ] }, { "date": "2024-08-09", "close": 178.580002, "volume": 2057, "typical_volume": 2422.2, "trend": 173.83, "fair_value": 153.604744, "relative_strength": 2.349948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.19937, "energy": 37.624088, "activity_lines": [ 180.372003, 179.960729, 178.984572, 177.020215 ] }, { "date": "2024-08-16", "close": 181.639999, "volume": 1828, "typical_volume": 2450.1, "trend": 174.462667, "fair_value": 153.874487, "relative_strength": 0.674211, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.714633, "energy": 38.311458, "activity_lines": [ 180.634669, 180.348365, 179.380191, 177.524086 ] }, { "date": "2024-08-23", "close": 185.240005, "volume": 2855, "typical_volume": 2412.7, "trend": 175.111334, "fair_value": 154.172949, "relative_strength": 0.936325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.14052, "energy": 46.057956, "activity_lines": [ 182.129336, 181.36182, 180.078858, 178.219398 ] }, { "date": "2024-08-30", "close": 187.940002, "volume": 2888, "typical_volume": 2539.65, "trend": 175.879334, "fair_value": 154.493205, "relative_strength": 0.915495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.263539, "energy": 65.712873, "activity_lines": [ 184.189336, 182.70582, 180.968953, 179.047054 ] }, { "date": "2024-09-06", "close": 185.360001, "volume": 1903, "typical_volume": 2512.5, "trend": 176.638, "fair_value": 154.815641, "relative_strength": 2.771232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.572982, "energy": 71.722042, "activity_lines": [ 185.076002, 183.405093, 181.539525, 179.65871 ] }, { "date": "2024-09-13", "close": 186.960007, "volume": 2419, "typical_volume": 2258.85, "trend": 177.346667, "fair_value": 155.157949, "relative_strength": 1.483666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.829044, "energy": 79.309919, "activity_lines": [ 186.145337, 184.24473, 182.194764, 180.324646 ] }, { "date": "2024-09-20", "close": 186.759995, "volume": 3014, "typical_volume": 2334.4, "trend": 178.009334, "fair_value": 155.499616, "relative_strength": 1.312722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.662073, "energy": 75.856558, "activity_lines": [ 186.589334, 184.902911, 182.76962, 180.931958 ] }, { "date": "2024-09-27", "close": 191.320007, "volume": 11784, "typical_volume": 2869.55, "trend": 178.841334, "fair_value": 155.881923, "relative_strength": -0.147524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.324839, "energy": 78.24751, "activity_lines": [ 188.212003, 186.305821, 183.714097, 181.790711 ] }, { "date": "2024-10-04", "close": 187.660004, "volume": 3831, "typical_volume": 2904.15, "trend": 179.494001, "fair_value": 156.230257, "relative_strength": -0.179245, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.114329, "energy": 58.992833, "activity_lines": [ 188.209337, 186.841457, 184.253431, 182.359657 ] }, { "date": "2024-10-11", "close": 188.039993, "volume": 2251, "typical_volume": 2863.85, "trend": 180.094667, "fair_value": 156.570769, "relative_strength": -1.149618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.109544, "energy": 52.177093, "activity_lines": [ 188.352, 187.365819, 184.799144, 182.911012 ] }, { "date": "2024-10-18", "close": 190.259995, "volume": 6297, "typical_volume": 3053.7, "trend": 180.696667, "fair_value": 156.921923, "relative_strength": -1.29764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.137121, "energy": 55.627602, "activity_lines": [ 189.055998, 188.149454, 185.51362, 183.566839 ] }, { "date": "2024-10-25", "close": 188.440002, "volume": 4039, "typical_volume": 3006.05, "trend": 181.202, "fair_value": 157.252821, "relative_strength": -1.128839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.362884, "energy": 45.387364, "activity_lines": [ 188.933332, 188.389818, 186.001906, 184.066409 ] }, { "date": "2024-11-01", "close": 185.5, "volume": 4443, "typical_volume": 3085.3, "trend": 181.670667, "fair_value": 157.555898, "relative_strength": -1.48967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.494455, "energy": 31.940473, "activity_lines": [ 187.718666, 187.972, 186.170286, 184.3437 ] }, { "date": "2024-11-08", "close": 183.520004, "volume": 1437, "typical_volume": 3034.85, "trend": 182.04, "fair_value": 157.838462, "relative_strength": -2.222706, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.910047, "energy": 17.377643, "activity_lines": [ 186.232001, 187.189455, 186.106858, 184.463012 ] }, { "date": "2024-11-15", "close": 182.520004, "volume": 4362, "typical_volume": 3163.1, "trend": 182.419334, "fair_value": 158.117436, "relative_strength": -2.638492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.64091, "energy": 17.229812, "activity_lines": [ 184.688002, 186.305456, 185.923239, 184.49398 ] }, { "date": "2024-11-22", "close": 185.860001, "volume": 2025, "typical_volume": 3172.25, "trend": 182.812001, "fair_value": 158.436795, "relative_strength": -1.351595, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.374686, "energy": 21.254911, "activity_lines": [ 184.625336, 186.080365, 186.031811, 184.715958 ] }, { "date": "2024-11-29", "close": 185.380005, "volume": 3007, "typical_volume": 3272.65, "trend": 183.218668, "fair_value": 158.754103, "relative_strength": -3.025212, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.004468, "energy": 15.474129, "activity_lines": [ 184.696003, 185.788002, 186.061906, 184.881636 ] }, { "date": "2024-12-06", "close": 186.880005, "volume": 3069, "typical_volume": 3350.35, "trend": 183.466668, "fair_value": 159.057052, "relative_strength": -5.744608, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.320563, "energy": 12.007991, "activity_lines": [ 185.470671, 185.793457, 186.219335, 185.117851 ] }, { "date": "2024-12-13", "close": 185.679993, "volume": 19088, "typical_volume": 4236.75, "trend": 183.609334, "fair_value": 159.344487, "relative_strength": -6.295099, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.883139, "energy": 14.519675, "activity_lines": [ 185.753334, 185.661456, 186.230763, 185.260646 ] }, { "date": "2024-12-20", "close": 181.360001, "volume": 3427, "typical_volume": 4301.2, "trend": 183.685334, "fair_value": 159.591154, "relative_strength": -5.916349, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.085093, "energy": 6.629022, "activity_lines": [ 184.452, 184.780001, 185.819144, 185.115528 ] }, { "date": "2024-12-27", "close": 183.039993, "volume": 1262, "typical_volume": 4261.45, "trend": 183.814667, "fair_value": 159.836795, "relative_strength": -5.367441, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.843964, "energy": 18.172717, "activity_lines": [ 183.787998, 184.325454, 185.561524, 185.073893 ] }, { "date": "2025-01-03", "close": 184.619995, "volume": 3230, "typical_volume": 4331.55, "trend": 183.966667, "fair_value": 160.075, "relative_strength": -4.015246, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.492392, "energy": 20.696521, "activity_lines": [ 183.838663, 184.289453, 185.433143, 185.12585 ] }, { "date": "2025-01-10", "close": 184.520004, "volume": 5515, "typical_volume": 4464.55, "trend": 184.236667, "fair_value": 160.295128, "relative_strength": -5.378478, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.378828, "energy": 19.87225, "activity_lines": [ 183.906665, 184.304727, 185.281048, 185.161549 ] }, { "date": "2025-01-17", "close": 188.360001, "volume": 3063, "typical_volume": 4473.3, "trend": 184.572667, "fair_value": 160.546154, "relative_strength": -6.439344, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.59617, "energy": 17.928342, "activity_lines": [ 185.412, 185.035999, 185.498095, 185.42757 ] }, { "date": "2025-01-24", "close": 188.880005, "volume": 4069, "typical_volume": 4581.6, "trend": 184.966001, "fair_value": 160.795898, "relative_strength": -8.163084, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.501218, "energy": 32.31064, "activity_lines": [ 186.912002, 185.773818, 185.762667, 185.705463 ] }, { "date": "2025-01-31", "close": 193.979996, "volume": 2920, "typical_volume": 4606.65, "trend": 185.466001, "fair_value": 161.096667, "relative_strength": -6.993736, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 78.098641, "energy": 68.483657, "activity_lines": [ 189.610667, 187.323272, 186.496191, 186.287011 ] }, { "date": "2025-02-07", "close": 196.759995, "volume": 4853, "typical_volume": 4698.6, "trend": 185.954001, "fair_value": 161.39, "relative_strength": -5.790185, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.297082, "energy": 84.318414, "activity_lines": [ 192.506665, 189.230544, 187.461047, 187.015656 ] }, { "date": "2025-02-14", "close": 197.520004, "volume": 3892, "typical_volume": 4304.0, "trend": 186.530668, "fair_value": 161.703205, "relative_strength": -8.311026, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.942936, "energy": 89.523411, "activity_lines": [ 194.846667, 191.069091, 188.450667, 187.76185 ] }, { "date": "2025-02-21", "close": 197.740005, "volume": 3027, "typical_volume": 4263.8, "trend": 187.014001, "fair_value": 162.033077, "relative_strength": -7.146589, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.373904, "energy": 91.558198, "activity_lines": [ 196.393335, 192.754183, 189.431715, 188.485033 ] }, { "date": "2025-02-28", "close": 199.720001, "volume": 11222, "typical_volume": 4712.35, "trend": 187.668001, "fair_value": 162.420385, "relative_strength": -7.216305, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.003215, "energy": 92.419286, "activity_lines": [ 197.974668, 194.580001, 190.553334, 189.304775 ] }, { "date": "2025-03-07", "close": 201.550003, "volume": 6713, "typical_volume": 4733.15, "trend": 188.433667, "fair_value": 162.795577, "relative_strength": -8.102915, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.009636, "energy": 92.75751, "activity_lines": [ 199.443336, 196.404729, 191.79362, 190.200388 ] }, { "date": "2025-03-14", "close": 199.839996, "volume": 12849, "typical_volume": 5173.65, "trend": 189.040334, "fair_value": 163.135449, "relative_strength": -8.6502, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.858119, "energy": 83.335731, "activity_lines": [ 199.837334, 197.582001, 192.817286, 190.93628 ] }, { "date": "2025-03-21", "close": 201.399994, "volume": 6419, "typical_volume": 5272.45, "trend": 189.579, "fair_value": 163.473526, "relative_strength": -7.430929, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.97529, "energy": 80.989458, "activity_lines": [ 200.545998, 198.766181, 193.935238, 191.733677 ] }, { "date": "2025-03-28", "close": 201.850006, "volume": 5738, "typical_volume": 5487.5, "trend": 190.042667, "fair_value": 163.803846, "relative_strength": -5.373855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.520033, "energy": 68.910733, "activity_lines": [ 201.146, 199.725273, 195.020334, 192.525355 ] }, { "date": "2025-04-04", "close": 188.339996, "volume": 8855, "typical_volume": 5712.15, "trend": 190.142, "fair_value": 164.017821, "relative_strength": -3.863226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.895319, "energy": 29.028933, "activity_lines": [ 196.968665, 197.982727, 194.731476, 192.415505 ] }, { "date": "2025-04-11", "close": 182.5, "volume": 9553, "typical_volume": 6088.55, "trend": 189.993333, "fair_value": 164.193205, "relative_strength": -5.494233, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -1.183347, "energy": 18.601386, "activity_lines": [ 191.603332, 195.188182, 193.858714, 191.922473 ] }, { "date": "2025-04-18", "close": 191.240005, "volume": 14618, "typical_volume": 6669.1, "trend": 190.142667, "fair_value": 164.449231, "relative_strength": -4.730807, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 18.12281, "energy": 29.55196, "activity_lines": [ 190.421335, 194.191455, 193.834334, 192.002904 ] }, { "date": "2025-04-25", "close": 194.660004, "volume": 7069, "typical_volume": 6869.1, "trend": 190.254, "fair_value": 164.717821, "relative_strength": -7.389577, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.416607, "energy": 27.1439, "activity_lines": [ 190.952669, 193.91691, 194.107763, 192.294345 ] }, { "date": "2025-05-02", "close": 199.880005, "volume": 7003, "typical_volume": 6264.85, "trend": 190.661334, "fair_value": 165.055257, "relative_strength": -8.203611, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.340714, "energy": 23.512345, "activity_lines": [ 193.673337, 194.643456, 194.841287, 192.915377 ] }, { "date": "2025-05-09", "close": 200.399994, "volume": 12257, "typical_volume": 6706.35, "trend": 191.073334, "fair_value": 165.379872, "relative_strength": -9.390626, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.350175, "energy": 35.887624, "activity_lines": [ 196.698667, 195.425637, 195.556715, 193.543678 ] }, { "date": "2025-05-16", "close": 202.699997, "volume": 8905, "typical_volume": 7088.5, "trend": 191.488, "fair_value": 165.716667, "relative_strength": -9.167446, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.924432, "energy": 63.262822, "activity_lines": [ 199.686666, 196.613636, 196.400524, 194.293785 ] }, { "date": "2025-05-23", "close": 202.699997, "volume": 5203, "typical_volume": 7187.15, "trend": 191.963334, "fair_value": 166.035, "relative_strength": -8.449732, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.829203, "energy": 71.098928, "activity_lines": [ 201.327998, 197.780727, 197.150714, 195.01714 ] }, { "date": "2025-05-30", "close": 202.350006, "volume": 7984, "typical_volume": 7310.6, "trend": 192.525, "fair_value": 166.362757, "relative_strength": -9.776851, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.410455, "energy": 71.221028, "activity_lines": [ 202.088667, 198.832182, 197.781477, 195.687248 ] }, { "date": "2025-06-06", "close": 204.149994, "volume": 5219, "typical_volume": 7418.4, "trend": 193.212667, "fair_value": 166.738462, "relative_strength": -9.882325, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.79062, "energy": 70.348102, "activity_lines": [ 202.936665, 200.193636, 198.498762, 196.437247 ] }, { "date": "2025-06-13", "close": 203.550003, "volume": 11743, "typical_volume": 7802.1, "trend": 193.913667, "fair_value": 167.145962, "relative_strength": -6.915677, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.176437, "energy": 57.013314, "activity_lines": [ 203.3, 201.404182, 199.083714, 197.104172 ] }, { "date": "2025-06-20", "close": 201.300003, "volume": 5307, "typical_volume": 7921.45, "trend": 194.428334, "fair_value": 167.532116, "relative_strength": -7.061861, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.520433, "energy": 43.002704, "activity_lines": [ 202.703335, 201.929091, 199.384524, 197.58071 ] }, { "date": "2025-06-27", "close": 201.0, "volume": 5693, "typical_volume": 7963.45, "trend": 194.949, "fair_value": 167.921603, "relative_strength": -9.583807, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.574852, "energy": 36.514826, "activity_lines": [ 202.100001, 202.057637, 199.621905, 198.004688 ] }, { "date": "2025-07-04", "close": 201.0, "volume": 4636, "typical_volume": 8000.65, "trend": 195.419667, "fair_value": 168.297372, "relative_strength": -8.413975, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.461546, "energy": 29.082259, "activity_lines": [ 201.610001, 202.008727, 199.839096, 198.395076 ] }, { "date": "2025-07-11", "close": 203.25, "volume": 6750, "typical_volume": 8186.8, "trend": 196.005333, "fair_value": 168.701923, "relative_strength": -8.921814, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.207542, "energy": 30.970198, "activity_lines": [ 201.960001, 202.253637, 200.254, 198.900258 ] }, { "date": "2025-07-18", "close": 202.800003, "volume": 5244, "typical_volume": 7887.9, "trend": 196.72, "fair_value": 169.095, "relative_strength": -8.952974, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 48.555844, "energy": 33.301144, "activity_lines": [ 202.220001, 202.355455, 200.59981, 199.338624 ] }, { "date": "2025-07-25", "close": 205.050003, "volume": 3063, "typical_volume": 7705.4, "trend": 197.453667, "fair_value": 169.475321, "relative_strength": -7.381226, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 70.205397, "energy": 59.162394, "activity_lines": [ 203.280002, 202.822729, 201.145239, 199.876044 ] }, { "date": "2025-08-01", "close": 200.600006, "volume": 5074, "typical_volume": 7316.65, "trend": 197.986334, "fair_value": 169.825705, "relative_strength": -6.006552, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.123029, "energy": 36.579219, "activity_lines": [ 202.60667, 202.438184, 201.250192, 200.079033 ] }, { "date": "2025-08-08", "close": 205.949997, "volume": 5205, "typical_volume": 7255.95, "trend": 198.700667, "fair_value": 170.203846, "relative_strength": -6.135024, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.110805, "energy": 45.142462, "activity_lines": [ 203.743335, 203.064547, 201.861049, 200.592818 ] }, { "date": "2025-08-15", "close": 210.199997, "volume": 5250, "typical_volume": 7231.55, "trend": 199.428667, "fair_value": 170.608077, "relative_strength": -4.711401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.297744, "energy": 71.825497, "activity_lines": [ 205.966667, 204.398183, 202.855001, 201.33471 ] }, { "date": "2025-08-22", "close": 213.100006, "volume": 10238, "typical_volume": 7300.7, "trend": 200.236001, "fair_value": 171.048718, "relative_strength": -3.16613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.170133, "energy": 85.545013, "activity_lines": [ 208.693335, 206.149092, 204.085382, 202.216732 ] }, { "date": "2025-08-29", "close": 207.550003, "volume": 7845, "typical_volume": 7215.3, "trend": 200.688334, "fair_value": 171.476475, "relative_strength": -3.611631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.125409, "energy": 77.254651, "activity_lines": [ 208.883335, 206.717275, 204.669287, 202.688603 ] }, { "date": "2025-09-05", "close": 206.199997, "volume": 8958, "typical_volume": 6932.3, "trend": 201.003001, "fair_value": 171.886731, "relative_strength": -2.711324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.389586, "energy": 69.088536, "activity_lines": [ 208.456667, 206.926365, 205.005334, 203.044194 ] }, { "date": "2025-09-12", "close": 206.350006, "volume": 6249, "typical_volume": 6891.3, "trend": 201.297334, "fair_value": 172.317564, "relative_strength": -2.787532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.046332, "energy": 45.293111, "activity_lines": [ 207.706669, 207.068184, 205.28443, 203.389162 ] }, { "date": "2025-09-19", "close": 203.25, "volume": 6476, "typical_volume": 6864.95, "trend": 201.481001, "fair_value": 172.763141, "relative_strength": -3.725082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.349357, "energy": 18.867594, "activity_lines": [ 205.896668, 206.549092, 205.21262, 203.515141 ] }, { "date": "2025-09-26", "close": 204.949997, "volume": 5911, "typical_volume": 6547.65, "trend": 201.655334, "fair_value": 173.23359, "relative_strength": -3.080399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.055913, "energy": 21.087017, "activity_lines": [ 205.116667, 206.339092, 205.286668, 203.738947 ] }, { "date": "2025-10-03", "close": 208.100006, "volume": 9460, "typical_volume": 6575.4, "trend": 201.873667, "fair_value": 173.718077, "relative_strength": -3.90636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.935506, "energy": 21.163775, "activity_lines": [ 205.930002, 206.662729, 205.639049, 204.154732 ] }, { "date": "2025-10-10", "close": 207.350006, "volume": 6211, "typical_volume": 6625.8, "trend": 202.124001, "fair_value": 174.194423, "relative_strength": -3.469416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.789079, "energy": 18.586261, "activity_lines": [ 206.45667, 206.794548, 205.894288, 204.508045 ] }, { "date": "2025-10-17", "close": 206.550003, "volume": 9547, "typical_volume": 6703.95, "trend": 202.295668, "fair_value": 174.649103, "relative_strength": -1.970397, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.972289, "energy": 21.853353, "activity_lines": [ 206.640003, 206.658184, 206.051193, 204.793593 ] }, { "date": "2025-10-24", "close": 210.399994, "volume": 6883, "typical_volume": 6787.15, "trend": 202.580668, "fair_value": 175.103205, "relative_strength": -1.613275, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.757173, "energy": 40.172858, "activity_lines": [ 208.093334, 207.21091, 206.554763, 205.316453 ] }, { "date": "2025-10-31", "close": 207.649994, "volume": 6143, "typical_volume": 6507.15, "trend": 203.224334, "fair_value": 175.524552, "relative_strength": -1.550504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.202569, "energy": 35.289864, "activity_lines": [ 208.153332, 207.26, 206.766667, 205.643506 ] }, { "date": "2025-11-07", "close": 209.800003, "volume": 7660, "typical_volume": 6624.8, "trend": 204.134334, "fair_value": 175.938141, "relative_strength": 1.251343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.173271, "energy": 43.626991, "activity_lines": [ 208.749999, 207.799091, 207.16381, 206.067743 ] }, { "date": "2025-11-14", "close": 213.449997, "volume": 6510, "typical_volume": 6665.65, "trend": 204.874667, "fair_value": 176.365385, "relative_strength": 1.815098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.44634, "energy": 66.114745, "activity_lines": [ 210.449998, 208.960909, 207.868096, 206.668753 ] }, { "date": "2025-11-21", "close": 211.800003, "volume": 4525, "typical_volume": 6660.1, "trend": 205.446001, "fair_value": 176.764488, "relative_strength": 4.563384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.398729, "energy": 59.510135, "activity_lines": [ 211.193333, 209.690909, 208.355953, 207.115549 ] }, { "date": "2025-11-28", "close": 215.350006, "volume": 5492, "typical_volume": 6597.2, "trend": 205.961667, "fair_value": 177.183141, "relative_strength": 3.086418, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.344612, "energy": 76.167478, "activity_lines": [ 212.770002, 210.967274, 209.130477, 207.754517 ] }, { "date": "2025-12-05", "close": 214.350006, "volume": 7784, "typical_volume": 6724.2, "trend": 206.426668, "fair_value": 177.597308, "relative_strength": 1.845774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.932434, "energy": 76.058314, "activity_lines": [ 213.683337, 211.84182, 209.752144, 208.2957 ] }, { "date": "2025-12-12", "close": 214.199997, "volume": 6672, "typical_volume": 6904.65, "trend": 206.810001, "fair_value": 178.043334, "relative_strength": 1.16218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.657664, "energy": 69.561038, "activity_lines": [ 214.100002, 212.518183, 210.304525, 208.797205 ] }, { "date": "2025-12-19", "close": 217.199997, "volume": 6324, "typical_volume": 6967.15, "trend": 207.293334, "fair_value": 178.49359, "relative_strength": 2.188574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.409053, "energy": 77.426876, "activity_lines": [ 215.223334, 213.629091, 211.099048, 209.467528 ] }, { "date": "2025-12-26", "close": 217.399994, "volume": 2059, "typical_volume": 6809.85, "trend": 207.795001, "fair_value": 178.949872, "relative_strength": 2.116611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.199166, "energy": 73.021173, "activity_lines": [ 216.163331, 214.597272, 211.833572, 210.11957 ] }, { "date": "2026-01-02", "close": 219.5, "volume": 7112, "typical_volume": 6902.95, "trend": 208.306668, "fair_value": 179.384231, "relative_strength": 2.339934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.910292, "energy": 81.237085, "activity_lines": [ 217.429998, 215.749999, 212.713571, 210.874732 ] }, { "date": "2026-01-09", "close": 218.949997, "volume": 14188, "typical_volume": 7100.45, "trend": 208.820001, "fair_value": 179.813013, "relative_strength": -0.734737, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.388225, "energy": 79.292354, "activity_lines": [ 218.236664, 216.637272, 213.496904, 211.561398 ] }, { "date": "2026-01-16", "close": 220.449997, "volume": 12602, "typical_volume": 7338.3, "trend": 209.458334, "fair_value": 180.247693, "relative_strength": -0.129669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.7857, "energy": 79.835213, "activity_lines": [ 219.236664, 217.591817, 214.395237, 212.31172 ] }, { "date": "2026-01-23", "close": 217.649994, "volume": 11380, "typical_volume": 7459.4, "trend": 210.013334, "fair_value": 180.66391, "relative_strength": 0.190922, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.927223, "energy": 59.431036, "activity_lines": [ 218.886663, 217.843634, 214.965475, 212.840215 ] }, { "date": "2026-01-30", "close": 222.100006, "volume": 8547, "typical_volume": 7574.3, "trend": 210.716667, "fair_value": 181.109552, "relative_strength": 3.718659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.136124, "energy": 61.964023, "activity_lines": [ 219.989999, 218.828181, 215.904999, 213.62 ] }, { "date": "2026-02-06", "close": 229.399994, "volume": 7275, "typical_volume": 7614.25, "trend": 211.588334, "fair_value": 181.603141, "relative_strength": 6.278034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.561513, "energy": 84.467, "activity_lines": [ 223.213331, 220.952725, 217.464761, 214.825376 ] }, { "date": "2026-02-13", "close": 230.149994, "volume": 4688, "typical_volume": 7553.1, "trend": 212.5, "fair_value": 182.089872, "relative_strength": 5.689725, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.616052, "energy": 93.489779, "activity_lines": [ 226.026663, 222.958179, 218.971427, 216.022902 ] }, { "date": "2026-02-20", "close": 234.399994, "volume": 11056, "typical_volume": 7632.9, "trend": 213.478333, "fair_value": 182.614359, "relative_strength": 6.072852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.303606, "energy": 96.851973, "activity_lines": [ 229.509996, 225.449087, 220.762855, 217.435805 ] }, { "date": "2026-02-27", "close": 237.300003, "volume": 9200, "typical_volume": 7782.35, "trend": 214.701666, "fair_value": 183.142564, "relative_strength": 7.160447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.019527, "energy": 96.711682, "activity_lines": [ 233.029998, 228.099998, 222.705236, 218.972687 ] }, { "date": "2026-03-06", "close": 227.699997, "volume": 7710, "typical_volume": 7690.5, "trend": 215.426666, "fair_value": 183.62718, "relative_strength": 9.989962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.129096, "energy": 86.4515, "activity_lines": [ 232.039997, 228.639997, 223.590712, 219.811289 ] }, { "date": "2026-03-13", "close": 229.5, "volume": 9251, "typical_volume": 7808.9, "trend": 216.07, "fair_value": 184.163205, "relative_strength": 11.272229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.784805, "energy": 65.511537, "activity_lines": [ 231.276665, 229.319998, 224.546903, 220.719246 ] }, { "date": "2026-03-20", "close": 223.850006, "volume": 6336, "typical_volume": 7818.55, "trend": 216.428333, "fair_value": 184.649295, "relative_strength": 13.409192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.372173, "energy": 45.203849, "activity_lines": [ 228.623335, 228.790909, 224.874046, 221.221182 ] }, { "date": "2026-03-27", "close": 226.5, "volume": 10496, "typical_volume": 7960.35, "trend": 217.06, "fair_value": 185.117757, "relative_strength": 14.867449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.820179, "energy": 25.915613, "activity_lines": [ 227.273335, 228.654545, 225.376428, 221.870967 ] }, { "date": "2026-04-03", "close": 233.199997, "volume": 12272, "typical_volume": 8248.45, "trend": 217.96, "fair_value": 185.617628, "relative_strength": 13.605275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.714702, "energy": 34.944886, "activity_lines": [ 228.683333, 229.626363, 226.43738, 222.912257 ] }, { "date": "2026-04-10", "close": 234.0, "volume": 16045, "typical_volume": 8824.45, "trend": 218.881666, "fair_value": 186.115449, "relative_strength": 10.740084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.044328, "energy": 42.119795, "activity_lines": [ 230.633333, 230.460909, 227.480475, 223.947096 ] }, { "date": "2026-04-17", "close": 234.0, "volume": 7507, "typical_volume": 8925.2, "trend": 219.906666, "fair_value": 186.611987, "relative_strength": 6.608064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.131137, "energy": 49.32058, "activity_lines": [ 232.163333, 231.079091, 228.417856, 224.922472 ] }, { "date": "2026-04-24", "close": 232.199997, "volume": 4431, "typical_volume": 8757.55, "trend": 220.814999, "fair_value": 187.095064, "relative_strength": 8.097429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.307663, "energy": 49.099779, "activity_lines": [ 232.793332, 231.286363, 229.094999, 225.71559 ] }, { "date": "2026-05-01", "close": 233.600006, "volume": 5007, "typical_volume": 8674.3, "trend": 221.664999, "fair_value": 187.585962, "relative_strength": 7.794532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.720391, "energy": 49.075504, "activity_lines": [ 233.333334, 231.71091, 229.820476, 226.540429 ] }, { "date": "2026-05-08", "close": 230.199997, "volume": 11099, "typical_volume": 8913.05, "trend": 222.426666, "fair_value": 188.059039, "relative_strength": 5.81154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.839491, "energy": 39.059475, "activity_lines": [ 232.266667, 231.531818, 230.129761, 227.091074 ] }, { "date": "2026-05-15", "close": 231.949997, "volume": 10790, "typical_volume": 9349.6, "trend": 223.273332, "fair_value": 188.543462, "relative_strength": 8.074585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.466256, "energy": 32.100199, "activity_lines": [ 231.983332, 231.799999, 230.543809, 227.705483 ] }, { "date": "2026-05-22", "close": 237.100006, "volume": 7082, "typical_volume": 9348.1, "trend": 224.163333, "fair_value": 189.076154, "relative_strength": 6.094769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.598665, "energy": 41.090199, "activity_lines": [ 233.553335, 232.927273, 231.379048, 228.597526 ] }, { "date": "2026-05-29", "close": 232.850006, "volume": 12352, "typical_volume": 9256.3, "trend": 225.003333, "fair_value": 189.574936, "relative_strength": 3.109815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.179623, "energy": 31.713596, "activity_lines": [ 233.500003, 233.143638, 231.725715, 229.157957 ] }, { "date": "2026-06-05", "close": 231.399994, "volume": 1814, "typical_volume": 8716.9, "trend": 225.723333, "fair_value": 190.067244, "relative_strength": 3.688441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.573669, "energy": 28.242897, "activity_lines": [ 232.92, 232.932728, 231.868095, 229.570645 ] }, { "date": "2026-06-12", "close": 235.25, "volume": 3046, "typical_volume": 8300.2, "trend": 226.45, "fair_value": 190.566026, "relative_strength": 5.741525, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.924717, "energy": 36.974391, "activity_lines": [ 233.77, 233.332728, 232.325, 230.185268 ] }, { "date": "2026-06-19", "close": 231.550003, "volume": 562, "typical_volume": 7900.95, "trend": 227.108333, "fair_value": 191.070962, "relative_strength": 2.477265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.341293, "energy": 24.885706, "activity_lines": [ 233.050001, 233.022728, 232.345715, 230.514301 ] }, { "date": "2026-06-26", "close": 237.699997, "volume": 947, "typical_volume": 7584.55, "trend": 227.853333, "fair_value": 191.60109, "relative_strength": 6.253289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.616912, "energy": 37.124061, "activity_lines": [ 234.406666, 233.875455, 232.907143, 231.197634 ] }, { "date": "2026-07-03", "close": 241.550003, "volume": 1476, "typical_volume": 7423.95, "trend": 228.759999, "fair_value": 192.179103, "relative_strength": 3.13189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.26189, "energy": 68.508944, "activity_lines": [ 237.006667, 235.36091, 233.795715, 232.08129 ] }, { "date": "2026-07-10", "close": 241.25, "volume": 6242, "typical_volume": 7183.25, "trend": 229.661666, "fair_value": 192.728269, "relative_strength": 5.652081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.726664, "energy": 73.975518, "activity_lines": [ 238.926667, 236.621819, 234.601429, 232.887097 ] }, { "date": "2026-07-17", "close": 246.300003, "volume": 12816, "typical_volume": 7364.05, "trend": 230.631666, "fair_value": 193.28968, "relative_strength": 8.529634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.151072, "energy": 86.452365, "activity_lines": [ 241.873335, 238.661819, 235.855477, 233.960538 ] }, { "date": "2026-07-24", "close": 245.949997, "volume": 9325, "typical_volume": 7444.8, "trend": 231.583333, "fair_value": 193.833846, "relative_strength": 6.91842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.352467, "energy": 85.911476, "activity_lines": [ 243.966667, 240.345455, 237.033334, 234.948817 ] }, { "date": "2026-07-31", "close": 247.100006, "volume": 16346, "typical_volume": 7799.55, "trend": 232.503333, "fair_value": 194.415641, "relative_strength": 4.958533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.873522, "energy": 85.353949, "activity_lines": [ 245.483335, 241.983638, 238.23381, 235.949893 ] }, { "date": "2026-08-07", "close": 246.5, "volume": 10538, "typical_volume": 8009.65, "trend": 233.421666, "fair_value": 194.999872, "relative_strength": 1.778424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.902705, "energy": 82.57319, "activity_lines": [ 246.173335, 243.33091, 239.293334, 236.852904 ] } ], "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." } } }