{ "ticker": { "uuid": "fac4c1a8-3462-483b-821f-fdeb5f3ace40", "symbol": "EAST", "name": "Eastnine AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "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": "^OMX", "stage": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 63.681, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Structural repair", "architecture_gate": "mixed", "architecture_direction": 35.588, "architecture_energy": 45.983, "architecture_maturity": 4.098, "architecture_confidence": 50.181, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 35.02, "rotation_up": 63.19, "upward_expansion": 58.93, "deceleration": 22.58, "rotation_down": 18.48, "downward_expansion": 17.26 }, "activity_lines": [ 46.76, 46.122728, 45.594187, 45.550583 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 47.200001, "trend_reference": 45.994006, "distance_from_trend": 0.026221, "trend_direction": "Weakening", "fair_value": 43.285521, "distance_from_fair_value": 0.090434, "fair_value_direction": "Improving", "relative_strength": -10.249775, "relative_strength_direction": "Improving", "price_momentum": -0.030675, "excess_performance": -0.092169, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.026221, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.022207, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.090434, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.035803, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.102498, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.05413, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.030675, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 3.1232, "read": "Demand-led" } ], "volume": { "latest": 258138, "relative_activity": 0.617439, "balance": 3.1232, "dry_up": 0.723107, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.037891, "annualized_volatility": 0.21739, "from_high_reference": -0.083399, "from_low_reference": 0.132033 }, "levels": { "trend_reference": 45.994006, "fair_value_reference": 43.285521, "structural_low": 41.694891, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.036005, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.058593, "regime_survival": 0.25, "best_return": 0.088327, "worst_return": -0.022155, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.245092, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.230223, "regime_survival": 0.0, "best_return": 0.448745, "worst_return": 0.041439, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.292364, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.234312, "regime_survival": 0.0, "best_return": 0.52254, "worst_return": 0.062189, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.32854, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.142686, "regime_survival": 0.0, "best_return": 0.637823, "worst_return": 0.019258, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-10", "end": "2024-06-14", "tenure": "Developing", "return": 0.066425, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-21", "end": "2025-02-28", "tenure": "Extended", "return": 0.064773, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": 0.007678, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.01778, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.185456, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-27", "tenure": "Developing", "return": 0.094875, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-08-01", "tenure": "Developing", "return": -0.063492, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-10-24", "tenure": "Developing", "return": 0.083239, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-02-13", "tenure": "Established", "return": 0.000985, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-06", "tenure": "New", "return": -0.035979, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.031674, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-07-10", "tenure": "Established", "return": 0.05184, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-31", "tenure": "New", "return": 0.008593, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 33.497665, "volume": 725524, "typical_volume": 162153.4, "trend": 25.634253, "fair_value": 26.573468, "relative_strength": 34.4636, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 91.879007, "energy": 93.608332, "activity_lines": [ 30.169547, 28.204339, 26.791218, 25.989166 ] }, { "date": "2023-08-25", "close": 35.329472, "volume": 414172, "typical_volume": 181459.8, "trend": 25.842489, "fair_value": 26.649434, "relative_strength": 40.37636, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.710483, "energy": 97.386713, "activity_lines": [ 32.394719, 29.706566, 27.711248, 26.614664 ] }, { "date": "2023-09-01", "close": 35.936184, "volume": 190100, "typical_volume": 190349.0, "trend": 26.07555, "fair_value": 26.729846, "relative_strength": 39.027519, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.862721, "energy": 95.673618, "activity_lines": [ 34.177284, 31.142394, 28.629292, 27.265871 ] }, { "date": "2023-09-08", "close": 35.749508, "volume": 132316, "typical_volume": 195592.2, "trend": 26.294719, "fair_value": 26.807672, "relative_strength": 37.6486, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.188955, "energy": 91.18034, "activity_lines": [ 35.22161, 32.344729, 29.469529, 27.889997 ] }, { "date": "2023-09-15", "close": 37.102943, "volume": 200764, "typical_volume": 203447.0, "trend": 26.563605, "fair_value": 26.890287, "relative_strength": 40.32028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.319212, "energy": 93.558719, "activity_lines": [ 36.031861, 33.613014, 30.375144, 28.587302 ] }, { "date": "2023-09-22", "close": 37.662987, "volume": 131416, "typical_volume": 206564.8, "trend": 26.970801, "fair_value": 26.978158, "relative_strength": 42.791964, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.555072, "energy": 91.219055, "activity_lines": [ 36.745138, 34.775014, 31.264677, 29.303391 ] }, { "date": "2023-09-29", "close": 36.589573, "volume": 201604, "typical_volume": 214417.8, "trend": 27.348352, "fair_value": 27.057204, "relative_strength": 38.055967, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.132381, "energy": 67.813814, "activity_lines": [ 36.822923, 35.517647, 31.989727, 29.923957 ] }, { "date": "2023-10-06", "close": 35.049454, "volume": 119472, "typical_volume": 219149.6, "trend": 27.78884, "fair_value": 27.125822, "relative_strength": 31.086018, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.909786, "energy": 65.33682, "activity_lines": [ 36.303328, 35.781482, 32.513386, 30.420802 ] }, { "date": "2023-10-13", "close": 35.142796, "volume": 158752, "typical_volume": 200258.6, "trend": 28.224003, "fair_value": 27.194761, "relative_strength": 28.064689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.806029, "energy": 57.708091, "activity_lines": [ 35.873962, 35.894043, 32.996348, 30.895251 ] }, { "date": "2023-10-20", "close": 34.396065, "volume": 197480, "typical_volume": 206184.6, "trend": 28.645013, "fair_value": 27.260579, "relative_strength": 31.294155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.373969, "energy": 45.827073, "activity_lines": [ 35.236134, 35.694987, 33.365673, 31.293448 ] }, { "date": "2023-10-27", "close": 34.769428, "volume": 136592, "typical_volume": 210549.4, "trend": 29.037053, "fair_value": 27.33129, "relative_strength": 33.474359, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.478675, "energy": 35.840321, "activity_lines": [ 34.903218, 35.535671, 33.728498, 31.688572 ] }, { "date": "2023-11-03", "close": 36.122871, "volume": 201904, "typical_volume": 216245.8, "trend": 29.481877, "fair_value": 27.405123, "relative_strength": 32.542962, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.053508, "energy": 37.315959, "activity_lines": [ 35.214354, 35.599313, 34.176388, 32.145722 ] }, { "date": "2023-11-10", "close": 36.869595, "volume": 412604, "typical_volume": 234695.2, "trend": 29.933185, "fair_value": 27.471588, "relative_strength": 34.990319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.853364, "energy": 54.553684, "activity_lines": [ 35.805511, 35.784297, 34.645334, 32.622349 ] }, { "date": "2023-11-17", "close": 36.881321, "volume": 291328, "typical_volume": 245292.6, "trend": 30.415562, "fair_value": 27.539533, "relative_strength": 29.055984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.197357, "energy": 57.688806, "activity_lines": [ 36.279235, 35.954443, 35.058689, 33.070615 ] }, { "date": "2023-11-24", "close": 36.8344, "volume": 163168, "typical_volume": 249441.0, "trend": 30.89254, "fair_value": 27.607177, "relative_strength": 26.356283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.52187, "energy": 66.641581, "activity_lines": [ 36.621416, 36.095479, 35.41501, 33.484734 ] }, { "date": "2023-12-01", "close": 37.022095, "volume": 188564, "typical_volume": 256882.8, "trend": 31.306954, "fair_value": 27.674901, "relative_strength": 25.065773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.054203, "energy": 72.965019, "activity_lines": [ 36.863607, 36.275523, 35.735979, 33.880189 ] }, { "date": "2023-12-08", "close": 37.866703, "volume": 251252, "typical_volume": 267301.4, "trend": 31.732509, "fair_value": 27.750566, "relative_strength": 23.631684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.030301, "energy": 61.906508, "activity_lines": [ 37.237155, 36.620786, 36.08172, 34.303399 ] }, { "date": "2023-12-15", "close": 38.992844, "volume": 246052, "typical_volume": 277080.0, "trend": 32.211067, "fair_value": 27.827273, "relative_strength": 22.623981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.679679, "energy": 74.036551, "activity_lines": [ 37.869829, 37.14758, 36.47657, 34.771807 ] }, { "date": "2023-12-22", "close": 38.945923, "volume": 156612, "typical_volume": 282149.2, "trend": 32.63548, "fair_value": 27.90396, "relative_strength": 22.23775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.123053, "energy": 70.250198, "activity_lines": [ 38.345313, 37.594146, 36.804109, 35.206314 ] }, { "date": "2023-12-29", "close": 40.353611, "volume": 139348, "typical_volume": 232951.2, "trend": 33.128467, "fair_value": 27.987143, "relative_strength": 24.948051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.971507, "energy": 88.709371, "activity_lines": [ 39.152385, 38.227507, 37.201548, 35.704258 ] }, { "date": "2024-01-05", "close": 39.0867, "volume": 66732, "typical_volume": 200011.6, "trend": 33.579224, "fair_value": 28.072033, "relative_strength": 23.474935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.023982, "energy": 80.46481, "activity_lines": [ 39.30254, 38.522202, 37.442589, 36.08866 ] }, { "date": "2024-01-12", "close": 40.306694, "volume": 299936, "typical_volume": 194299.8, "trend": 34.0691, "fair_value": 28.16025, "relative_strength": 25.624717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.539478, "energy": 70.681583, "activity_lines": [ 39.72172, 38.960218, 37.773205, 36.522691 ] }, { "date": "2024-01-19", "close": 38.429783, "volume": 108384, "typical_volume": 190214.0, "trend": 34.518064, "fair_value": 28.236155, "relative_strength": 22.196929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.11924, "energy": 55.480238, "activity_lines": [ 39.352596, 38.980908, 37.901367, 36.804025 ] }, { "date": "2024-01-26", "close": 38.630234, "volume": 94064, "typical_volume": 188301.4, "trend": 34.944326, "fair_value": 28.313626, "relative_strength": 18.58324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.591074, "energy": 43.529448, "activity_lines": [ 39.087826, 39.009676, 38.036745, 37.069326 ] }, { "date": "2024-02-02", "close": 39.24342, "volume": 177156, "typical_volume": 187121.0, "trend": 35.397213, "fair_value": 28.395309, "relative_strength": 19.914827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.880727, "energy": 37.362379, "activity_lines": [ 39.048498, 39.118135, 38.216804, 37.346687 ] }, { "date": "2024-02-09", "close": 38.913246, "volume": 262740, "typical_volume": 193687.2, "trend": 35.849921, "fair_value": 28.473471, "relative_strength": 19.143731, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.866199, "energy": 28.069072, "activity_lines": [ 38.973125, 39.122761, 38.355225, 37.573528 ] }, { "date": "2024-02-16", "close": 38.866081, "volume": 150060, "typical_volume": 191110.0, "trend": 36.29023, "fair_value": 28.548523, "relative_strength": 15.691362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.051794, "energy": 27.575178, "activity_lines": [ 38.893593, 39.084428, 38.4832, 37.768119 ] }, { "date": "2024-02-23", "close": 38.913246, "volume": 221776, "typical_volume": 196225.2, "trend": 36.727472, "fair_value": 28.618542, "relative_strength": 13.872046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.804197, "energy": 26.114723, "activity_lines": [ 38.925824, 39.036499, 38.604827, 37.937346 ] }, { "date": "2024-03-01", "close": 38.677402, "volume": 98528, "typical_volume": 193214.0, "trend": 37.167679, "fair_value": 28.68761, "relative_strength": 11.298307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.755411, "energy": 21.207559, "activity_lines": [ 38.84721, 38.947137, 38.685594, 38.063148 ] }, { "date": "2024-03-08", "close": 37.545383, "volume": 206276, "typical_volume": 193653.8, "trend": 37.324254, "fair_value": 28.749704, "relative_strength": 6.160448, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.27593, "energy": 11.362462, "activity_lines": [ 38.388111, 38.656835, 38.641718, 38.087516 ] }, { "date": "2024-03-15", "close": 38.441566, "volume": 149276, "typical_volume": 194288.0, "trend": 37.489051, "fair_value": 28.815014, "relative_strength": 6.065265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.102323, "energy": 10.75913, "activity_lines": [ 38.340943, 38.580535, 38.668196, 38.1596 ] }, { "date": "2024-03-22", "close": 40.375435, "volume": 134152, "typical_volume": 190900.4, "trend": 37.65725, "fair_value": 28.898337, "relative_strength": 10.551093, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.254175, "energy": 26.120195, "activity_lines": [ 38.969843, 38.867576, 38.861365, 38.345819 ] }, { "date": "2024-03-29", "close": 41.979137, "volume": 90172, "typical_volume": 174778.8, "trend": 37.858681, "fair_value": 28.98829, "relative_strength": 14.707725, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.522983, "energy": 54.764657, "activity_lines": [ 40.032686, 39.44495, 39.187018, 38.62465 ] }, { "date": "2024-04-05", "close": 41.743305, "volume": 62700, "typical_volume": 163347.4, "trend": 38.058475, "fair_value": 29.078978, "relative_strength": 13.737646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.466236, "energy": 72.328126, "activity_lines": [ 40.812526, 39.914912, 39.465879, 38.875271 ] }, { "date": "2024-04-12", "close": 40.233936, "volume": 154672, "typical_volume": 162922.6, "trend": 38.162841, "fair_value": 29.158586, "relative_strength": 8.719237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.381373, "energy": 69.192823, "activity_lines": [ 40.88485, 40.053842, 39.577839, 39.015623 ] }, { "date": "2024-04-19", "close": 40.045273, "volume": 81168, "typical_volume": 157552.8, "trend": 38.242251, "fair_value": 29.234177, "relative_strength": 7.577276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.282161, "energy": 64.776877, "activity_lines": [ 40.715049, 40.14046, 39.655642, 39.137071 ] }, { "date": "2024-04-26", "close": 39.427628, "volume": 125644, "typical_volume": 151272.4, "trend": 38.336852, "fair_value": 29.307213, "relative_strength": 2.883576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.012799, "energy": 33.138654, "activity_lines": [ 40.232452, 40.094197, 39.660226, 39.213547 ] }, { "date": "2024-05-03", "close": 38.572571, "volume": 249720, "typical_volume": 151455.8, "trend": 38.45429, "fair_value": 29.371465, "relative_strength": 0.805813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.670379, "energy": 14.996938, "activity_lines": [ 39.528024, 39.882259, 39.575943, 39.228754 ] }, { "date": "2024-05-10", "close": 39.332615, "volume": 181924, "typical_volume": 152721.4, "trend": 38.59395, "fair_value": 29.437201, "relative_strength": -1.114294, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.961762, "energy": 19.362669, "activity_lines": [ 39.304048, 39.814704, 39.566046, 39.28542 ] }, { "date": "2024-05-17", "close": 40.121162, "volume": 247741, "typical_volume": 158141.05, "trend": 38.784787, "fair_value": 29.507991, "relative_strength": 1.264657, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.871081, "energy": 18.82714, "activity_lines": [ 39.503634, 39.878609, 39.629408, 39.38395 ] }, { "date": "2024-05-24", "close": 39.000095, "volume": 200729, "typical_volume": 164840.9, "trend": 38.925809, "fair_value": 29.573289, "relative_strength": -2.809242, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.586513, "energy": 13.604355, "activity_lines": [ 39.337049, 39.691851, 39.587109, 39.397841 ] }, { "date": "2024-05-31", "close": 39.902649, "volume": 219386, "typical_volume": 160813.4, "trend": 39.051802, "fair_value": 29.640137, "relative_strength": -0.30416, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.26113, "energy": 12.333368, "activity_lines": [ 39.540994, 39.659039, 39.631179, 39.460863 ] }, { "date": "2024-06-07", "close": 42.087799, "volume": 479836, "typical_volume": 179386.0, "trend": 39.225742, "fair_value": 29.71845, "relative_strength": 3.733451, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.647962, "energy": 38.427292, "activity_lines": [ 40.441654, 40.032123, 39.885283, 39.656734 ] }, { "date": "2024-06-14", "close": 41.94529, "volume": 310249, "typical_volume": 190195.25, "trend": 39.394541, "fair_value": 29.798674, "relative_strength": 5.184483, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 63.056381, "energy": 52.045115, "activity_lines": [ 41.060463, 40.377321, 40.108395, 39.832188 ] }, { "date": "2024-06-21", "close": 41.80278, "volume": 188239, "typical_volume": 190749.4, "trend": 39.560154, "fair_value": 29.878832, "relative_strength": 3.681355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.47344, "energy": 61.392643, "activity_lines": [ 41.45759, 40.692935, 40.302149, 39.987559 ] }, { "date": "2024-06-28", "close": 41.954788, "volume": 112786, "typical_volume": 183251.7, "trend": 39.724577, "fair_value": 29.959399, "relative_strength": 3.579664, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.827109, "energy": 65.317283, "activity_lines": [ 41.793278, 41.007663, 40.498193, 40.142051 ] }, { "date": "2024-07-05", "close": 42.372818, "volume": 181343, "typical_volume": 184815.85, "trend": 39.87478, "fair_value": 30.038975, "relative_strength": 4.48371, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.825894, "energy": 62.336804, "activity_lines": [ 42.071331, 41.363677, 40.719565, 40.312905 ] }, { "date": "2024-07-12", "close": 43.398888, "volume": 199033, "typical_volume": 183678.7, "trend": 40.021649, "fair_value": 30.114113, "relative_strength": 3.34506, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.44643, "energy": 66.021337, "activity_lines": [ 42.526728, 41.852701, 41.02196, 40.540267 ] }, { "date": "2024-07-19", "close": 42.515327, "volume": 105072, "typical_volume": 184005.9, "trend": 40.140629, "fair_value": 30.17681, "relative_strength": 2.980482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.374709, "energy": 54.430076, "activity_lines": [ 42.6002, 42.093326, 41.218846, 40.70115 ] }, { "date": "2024-07-26", "close": 40.995232, "volume": 101190, "typical_volume": 178751.6, "trend": 40.162016, "fair_value": 30.22948, "relative_strength": -1.539053, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.710625, "energy": 35.456887, "activity_lines": [ 42.12897, 41.999703, 41.252685, 40.756285 ] }, { "date": "2024-08-02", "close": 41.375252, "volume": 135343, "typical_volume": 178054.95, "trend": 40.238301, "fair_value": 30.285433, "relative_strength": 3.230294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.517704, "energy": 24.660617, "activity_lines": [ 41.838251, 41.959282, 41.306288, 40.834559 ] }, { "date": "2024-08-09", "close": 40.662704, "volume": 170966, "typical_volume": 179895.65, "trend": 40.250168, "fair_value": 30.336253, "relative_strength": 1.603369, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.822361, "energy": 16.431018, "activity_lines": [ 41.348651, 41.746123, 41.27806, 40.86194 ] }, { "date": "2024-08-16", "close": 41.299248, "volume": 152103, "typical_volume": 182992.2, "trend": 40.345817, "fair_value": 30.3952, "relative_strength": 0.077062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.82256, "energy": 18.431199, "activity_lines": [ 41.18524, 41.634879, 41.309088, 40.929622 ] }, { "date": "2024-08-23", "close": 41.983292, "volume": 110027, "typical_volume": 185358.55, "trend": 40.457586, "fair_value": 30.463924, "relative_strength": 0.698668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.667202, "energy": 16.857608, "activity_lines": [ 41.38982, 41.662344, 41.408499, 41.035266 ] }, { "date": "2024-08-30", "close": 42.17934, "volume": 84341, "typical_volume": 181842.0, "trend": 40.55545, "fair_value": 30.532202, "relative_strength": -0.238643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.943606, "energy": 16.610802, "activity_lines": [ 41.695218, 41.724764, 41.52544, 41.146347 ] }, { "date": "2024-09-06", "close": 41.686825, "volume": 166770, "typical_volume": 186122.1, "trend": 40.647902, "fair_value": 30.600728, "relative_strength": 3.119682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.575532, "energy": 21.82195, "activity_lines": [ 41.757504, 41.690789, 41.58621, 41.219339 ] }, { "date": "2024-09-13", "close": 41.371235, "volume": 102182, "typical_volume": 184949.0, "trend": 40.731407, "fair_value": 30.659284, "relative_strength": 0.609663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.900552, "energy": 18.606674, "activity_lines": [ 41.693822, 41.604305, 41.609107, 41.266005 ] }, { "date": "2024-09-20", "close": 41.505123, "volume": 93068, "typical_volume": 177116.4, "trend": 40.817803, "fair_value": 30.721821, "relative_strength": -1.025354, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.363547, "energy": 15.961312, "activity_lines": [ 41.627533, 41.560376, 41.6355, 41.315922 ] }, { "date": "2024-09-27", "close": 41.983295, "volume": 177734, "typical_volume": 176906.9, "trend": 40.928, "fair_value": 30.786571, "relative_strength": -2.048437, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.292258, "energy": 16.335281, "activity_lines": [ 41.706911, 41.637819, 41.693469, 41.391115 ] }, { "date": "2024-10-04", "close": 45.282665, "volume": 323900, "typical_volume": 180714.85, "trend": 41.185909, "fair_value": 30.86793, "relative_strength": 6.95407, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.292446, "energy": 57.460179, "activity_lines": [ 42.886078, 42.324821, 42.053041, 41.672061 ] }, { "date": "2024-10-11", "close": 46.669353, "volume": 440517, "typical_volume": 192704.25, "trend": 41.460169, "fair_value": 30.95619, "relative_strength": 10.612432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.592968, "energy": 78.931242, "activity_lines": [ 44.320586, 43.185995, 42.5201, 42.025832 ] }, { "date": "2024-10-18", "close": 44.809277, "volume": 63226, "typical_volume": 184896.25, "trend": 41.607963, "fair_value": 31.034798, "relative_strength": 5.885796, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.622605, "energy": 73.762481, "activity_lines": [ 44.8029, 43.612716, 42.773489, 42.241904 ] }, { "date": "2024-10-25", "close": 44.254608, "volume": 252060, "typical_volume": 173507.45, "trend": 41.683812, "fair_value": 31.10616, "relative_strength": 4.643248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.484571, "energy": 73.098912, "activity_lines": [ 44.871122, 43.863197, 42.950687, 42.412655 ] }, { "date": "2024-11-01", "close": 43.279137, "volume": 104491, "typical_volume": 163219.55, "trend": 41.735007, "fair_value": 31.162754, "relative_strength": 3.747151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.092985, "energy": 55.946277, "activity_lines": [ 44.430888, 43.882585, 43.024665, 42.515579 ] }, { "date": "2024-11-08", "close": 44.374142, "volume": 231794, "typical_volume": 165397.3, "trend": 41.873014, "fair_value": 31.228354, "relative_strength": 6.319785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.957258, "energy": 34.867521, "activity_lines": [ 44.269266, 44.077504, 43.196578, 42.685846 ] }, { "date": "2024-11-15", "close": 42.665966, "volume": 80321, "typical_volume": 163774.05, "trend": 41.96037, "fair_value": 31.282219, "relative_strength": 4.184839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.394825, "energy": 17.609595, "activity_lines": [ 43.59882, 43.921941, 43.193562, 42.737004 ] }, { "date": "2024-11-22", "close": 41.376411, "volume": 167157, "typical_volume": 163064.75, "trend": 42.02533, "fair_value": 31.328959, "relative_strength": 0.878415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.485466, "energy": 14.359357, "activity_lines": [ 42.765415, 43.51411, 43.064346, 42.699329 ] }, { "date": "2024-11-29", "close": 46.60199, "volume": 434359, "typical_volume": 174831.05, "trend": 42.292977, "fair_value": 31.411193, "relative_strength": 13.351386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.491487, "energy": 23.506787, "activity_lines": [ 43.902728, 44.05629, 43.437548, 42.994598 ] }, { "date": "2024-12-06", "close": 44.941933, "volume": 418924, "typical_volume": 190523.65, "trend": 42.479954, "fair_value": 31.488491, "relative_strength": 5.013369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.588576, "energy": 24.161269, "activity_lines": [ 44.330195, 44.203972, 43.637397, 43.165498 ] }, { "date": "2024-12-13", "close": 45.423111, "volume": 349274, "typical_volume": 202927.85, "trend": 42.656686, "fair_value": 31.568587, "relative_strength": 8.360972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.429205, "energy": 30.872247, "activity_lines": [ 44.807203, 44.385347, 43.871517, 43.355379 ] }, { "date": "2024-12-20", "close": 43.690872, "volume": 154757, "typical_volume": 203898.55, "trend": 42.813045, "fair_value": 31.632731, "relative_strength": 7.508946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.763306, "energy": 32.185727, "activity_lines": [ 44.636866, 44.249216, 43.919576, 43.422101 ] }, { "date": "2024-12-27", "close": 44.051758, "volume": 51076, "typical_volume": 197904.05, "trend": 42.951349, "fair_value": 31.689204, "relative_strength": 7.611729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.745211, "energy": 23.47432, "activity_lines": [ 44.518498, 44.232855, 43.990979, 43.502018 ] }, { "date": "2025-01-03", "close": 46.192989, "volume": 142098, "typical_volume": 197403.8, "trend": 43.088188, "fair_value": 31.767391, "relative_strength": 11.669824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.962189, "energy": 29.992307, "activity_lines": [ 44.935517, 44.619581, 44.250171, 43.711156 ] }, { "date": "2025-01-10", "close": 44.01326, "volume": 84434, "typical_volume": 196124.15, "trend": 43.157121, "fair_value": 31.841587, "relative_strength": 5.84047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.591807, "energy": 20.440485, "activity_lines": [ 44.653226, 44.57475, 44.278466, 43.770838 ] }, { "date": "2025-01-17", "close": 46.654919, "volume": 373814, "typical_volume": 210597.8, "trend": 43.318859, "fair_value": 31.93557, "relative_strength": 8.038589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.377689, "energy": 31.598499, "activity_lines": [ 45.313399, 44.996873, 44.54868, 43.996502 ] }, { "date": "2025-01-24", "close": 46.761417, "volume": 254495, "typical_volume": 214984.05, "trend": 43.47908, "fair_value": 32.044213, "relative_strength": 6.012748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.136071, "energy": 44.847492, "activity_lines": [ 45.926952, 45.396891, 44.807725, 44.218603 ] }, { "date": "2025-01-31", "close": 47.56982, "volume": 141219, "typical_volume": 216935.9, "trend": 43.652313, "fair_value": 32.158396, "relative_strength": 7.657418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.645347, "energy": 51.496187, "activity_lines": [ 46.605269, 45.869428, 45.119597, 44.482522 ] }, { "date": "2025-02-07", "close": 47.681156, "volume": 322455, "typical_volume": 228405.25, "trend": 43.795055, "fair_value": 32.262679, "relative_strength": 8.974994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.270571, "energy": 60.059011, "activity_lines": [ 47.086161, 46.2496, 45.412554, 44.742447 ] }, { "date": "2025-02-14", "close": 47.729561, "volume": 190817, "typical_volume": 229059.4, "trend": 43.968863, "fair_value": 32.377886, "relative_strength": 5.808985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.524889, "energy": 57.492769, "activity_lines": [ 47.483976, 46.618953, 45.680712, 44.996286 ] }, { "date": "2025-02-21", "close": 45.038124, "volume": 154571, "typical_volume": 220592.95, "trend": 44.103626, "fair_value": 32.505959, "relative_strength": -0.487854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.695397, "energy": 33.517348, "activity_lines": [ 46.736893, 46.448269, 45.665179, 45.065271 ] }, { "date": "2025-02-28", "close": 44.510475, "volume": 144988, "typical_volume": 205816.5, "trend": 44.208134, "fair_value": 32.644992, "relative_strength": -1.74043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.064578, "energy": 16.489414, "activity_lines": [ 45.921712, 46.188648, 45.600559, 45.091519 ] }, { "date": "2025-03-07", "close": 40.352295, "volume": 347722, "typical_volume": 220041.3, "trend": 44.197787, "fair_value": 32.754501, "relative_strength": -11.035469, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.884338, "energy": 24.616375, "activity_lines": [ 43.870535, 45.158093, 45.150201, 44.842755 ] }, { "date": "2025-03-14", "close": 40.662102, "volume": 2036211, "typical_volume": 309248.85, "trend": 44.176548, "fair_value": 32.85653, "relative_strength": -8.785898, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.120513, "energy": 41.293977, "activity_lines": [ 42.403795, 44.251129, 44.750573, 44.614646 ] }, { "date": "2025-03-21", "close": 40.294201, "volume": 266566, "typical_volume": 317352.6, "trend": 44.120245, "fair_value": 32.965667, "relative_strength": -7.723761, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.327306, "energy": 64.56044, "activity_lines": [ 41.282358, 43.377836, 44.333014, 44.364172 ] }, { "date": "2025-03-28", "close": 39.984398, "volume": 236332, "typical_volume": 317579.5, "trend": 44.047081, "fair_value": 33.063065, "relative_strength": -5.207666, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.548164, "energy": 68.821952, "activity_lines": [ 40.553344, 42.515835, 43.900164, 44.097344 ] }, { "date": "2025-04-04", "close": 39.577778, "volume": 309085, "typical_volume": 329017.7, "trend": 43.976779, "fair_value": 33.170191, "relative_strength": 4.22959, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.673373, "energy": 78.177834, "activity_lines": [ 40.025706, 41.701184, 43.449492, 43.809001 ] }, { "date": "2025-04-11", "close": 38.725811, "volume": 476084, "typical_volume": 344464.05, "trend": 43.888598, "fair_value": 33.273864, "relative_strength": 2.304476, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.656065, "energy": 76.226121, "activity_lines": [ 39.542924, 40.862243, 42.932385, 43.470229 ] }, { "date": "2025-04-18", "close": 40.371658, "volume": 368511, "typical_volume": 341171.65, "trend": 43.850816, "fair_value": 33.390669, "relative_strength": 2.986638, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.891862, "energy": 62.120255, "activity_lines": [ 39.717191, 40.483346, 42.584648, 43.24333 ] }, { "date": "2025-04-25", "close": 43.179279, "volume": 671015, "typical_volume": 353776.2, "trend": 43.890682, "fair_value": 33.52751, "relative_strength": 6.615974, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.147497, "energy": 35.525706, "activity_lines": [ 40.846694, 40.747826, 42.533971, 43.200005 ] }, { "date": "2025-05-02", "close": 43.812172, "volume": 296772, "typical_volume": 351151.1, "trend": 43.841666, "fair_value": 33.663783, "relative_strength": 6.296882, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.850137, "energy": 17.859947, "activity_lines": [ 41.994823, 41.210109, 42.551964, 43.19494 ] }, { "date": "2025-05-09", "close": 44.933064, "volume": 438665, "typical_volume": 365346.5, "trend": 43.783789, "fair_value": 33.808831, "relative_strength": 9.196364, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.120073, "energy": 19.494144, "activity_lines": [ 43.261398, 41.898481, 42.68438, 43.265353 ] }, { "date": "2025-05-16", "close": 45.907749, "volume": 280999, "typical_volume": 376842.65, "trend": 43.820405, "fair_value": 33.957091, "relative_strength": 7.07395, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 17.811497, "energy": 29.821853, "activity_lines": [ 44.495849, 42.756386, 42.903707, 43.402382 ] }, { "date": "2025-05-23", "close": 44.689392, "volume": 413678, "typical_volume": 390421.65, "trend": 43.834898, "fair_value": 34.098987, "relative_strength": 6.5582, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.112721, "energy": 30.35912, "activity_lines": [ 44.845385, 43.291762, 42.998162, 43.458446 ] }, { "date": "2025-05-30", "close": 45.859016, "volume": 312116, "typical_volume": 401805.75, "trend": 43.920894, "fair_value": 34.250983, "relative_strength": 8.249763, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.024454, "energy": 37.985292, "activity_lines": [ 45.296946, 43.966574, 43.21117, 43.589034 ] }, { "date": "2025-06-06", "close": 46.443829, "volume": 1042577, "typical_volume": 435243.9, "trend": 43.989884, "fair_value": 34.417137, "relative_strength": 8.23133, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.563509, "energy": 51.779455, "activity_lines": [ 45.764796, 44.646537, 43.471085, 43.751804 ] }, { "date": "2025-06-13", "close": 47.515984, "volume": 468382, "typical_volume": 445938.25, "trend": 44.151551, "fair_value": 34.598838, "relative_strength": 13.140166, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.133192, "energy": 52.24907, "activity_lines": [ 46.414588, 45.403993, 43.834116, 43.979295 ] }, { "date": "2025-06-20", "close": 48.3932, "volume": 220810, "typical_volume": 449917.8, "trend": 44.385444, "fair_value": 34.786162, "relative_strength": 15.357, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.725518, "energy": 63.063935, "activity_lines": [ 47.18459, 46.176612, 44.277097, 44.252949 ] }, { "date": "2025-06-27", "close": 48.929279, "volume": 362536, "typical_volume": 451921.85, "trend": 44.46302, "fair_value": 34.975766, "relative_strength": 13.480912, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.721457, "energy": 76.749064, "activity_lines": [ 47.967588, 46.87093, 44.767213, 44.5461 ] }, { "date": "2025-07-04", "close": 49.124222, "volume": 907071, "typical_volume": 487734.55, "trend": 44.60243, "fair_value": 35.164307, "relative_strength": 13.267674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.09426, "energy": 78.1865, "activity_lines": [ 48.532908, 47.445098, 45.269952, 44.846823 ] }, { "date": "2025-07-11", "close": 46.784969, "volume": 454968, "typical_volume": 502754.4, "trend": 44.647825, "fair_value": 35.322093, "relative_strength": 6.272392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.713006, "energy": 64.141998, "activity_lines": [ 48.100797, 47.485858, 45.543263, 44.987632 ] }, { "date": "2025-07-18", "close": 47.321041, "volume": 242343, "typical_volume": 507622.15, "trend": 44.768831, "fair_value": 35.478256, "relative_strength": 7.177079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.098841, "energy": 45.792294, "activity_lines": [ 47.824634, 47.570034, 45.85931, 45.160097 ] }, { "date": "2025-07-25", "close": 48.344467, "volume": 159127, "typical_volume": 498192.4, "trend": 44.911921, "fair_value": 35.640691, "relative_strength": 6.676545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.165899, "energy": 44.831613, "activity_lines": [ 47.902609, 47.79687, 46.259443, 45.390783 ] }, { "date": "2025-08-01", "close": 46.005222, "volume": 294442, "typical_volume": 411103.95, "trend": 44.905662, "fair_value": 35.792033, "relative_strength": 4.268992, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.838726, "energy": 25.252521, "activity_lines": [ 47.204084, 47.554085, 46.398733, 45.461319 ] }, { "date": "2025-08-08", "close": 45.907749, "volume": 185414, "typical_volume": 407046.35, "trend": 44.968812, "fair_value": 35.941161, "relative_strength": 1.151774, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.976265, "energy": 21.052981, "activity_lines": [ 46.668006, 47.269654, 46.503296, 45.52597 ] }, { "date": "2025-08-15", "close": 45.517876, "volume": 119186, "typical_volume": 401189.05, "trend": 44.93091, "fair_value": 36.092232, "relative_strength": -1.241494, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.825856, "energy": 20.470231, "activity_lines": [ 46.216401, 46.91345, 46.543997, 45.561393 ] }, { "date": "2025-08-22", "close": 46.541298, "volume": 280451, "typical_volume": 399757.35, "trend": 44.923573, "fair_value": 36.252048, "relative_strength": -0.94609, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.147642, "energy": 21.66816, "activity_lines": [ 46.19041, 46.760158, 46.655817, 45.665289 ] }, { "date": "2025-08-29", "close": 45.80566, "volume": 889320, "typical_volume": 420419.15, "trend": 44.864768, "fair_value": 36.41283, "relative_strength": -0.279909, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.124473, "energy": 16.284333, "activity_lines": [ 45.971189, 46.490836, 46.664417, 45.722198 ] }, { "date": "2025-09-05", "close": 45.903748, "volume": 273380, "typical_volume": 415662.6, "trend": 44.805521, "fair_value": 36.574531, "relative_strength": -0.176434, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.175051, "energy": 13.989141, "activity_lines": [ 45.953918, 46.286394, 46.648644, 45.789229 ] }, { "date": "2025-09-12", "close": 45.707573, "volume": 112427, "typical_volume": 387733.2, "trend": 44.738121, "fair_value": 36.733664, "relative_strength": -1.034867, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.24501, "energy": 10.645901, "activity_lines": [ 45.878021, 46.101294, 46.587846, 45.847426 ] }, { "date": "2025-09-19", "close": 46.001831, "volume": 145025, "typical_volume": 380145.85, "trend": 44.770245, "fair_value": 36.906191, "relative_strength": -0.954605, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.743711, "energy": 10.817205, "activity_lines": [ 45.913554, 46.031816, 46.543032, 45.928956 ] }, { "date": "2025-09-26", "close": 45.756622, "volume": 509264, "typical_volume": 383675.8, "trend": 44.811783, "fair_value": 37.072485, "relative_strength": -1.566795, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.345744, "energy": 9.252559, "activity_lines": [ 45.835087, 45.931993, 46.464438, 45.992593 ] }, { "date": "2025-10-03", "close": 45.707573, "volume": 222666, "typical_volume": 380759.15, "trend": 44.990292, "fair_value": 37.24531, "relative_strength": -4.644552, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.477672, "energy": 8.311016, "activity_lines": [ 45.792583, 45.851697, 46.377251, 46.050386 ] }, { "date": "2025-10-10", "close": 46.59034, "volume": 634230, "typical_volume": 391786.75, "trend": 45.1879, "fair_value": 37.425397, "relative_strength": -1.944121, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.125358, "energy": 11.636279, "activity_lines": [ 46.050873, 45.979847, 46.37509, 46.153615 ] }, { "date": "2025-10-17", "close": 47.865444, "volume": 598554, "typical_volume": 406108.65, "trend": 45.440275, "fair_value": 37.579863, "relative_strength": 0.917612, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.710071, "energy": 24.404396, "activity_lines": [ 46.688425, 46.329195, 46.485316, 46.32636 ] }, { "date": "2025-10-24", "close": 49.729057, "volume": 1025043, "typical_volume": 405231.95, "trend": 45.765097, "fair_value": 37.749772, "relative_strength": 1.544636, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 72.921769, "energy": 58.923196, "activity_lines": [ 47.803323, 46.981788, 46.763474, 46.603055 ] }, { "date": "2025-10-31", "close": 49.042465, "volume": 513180, "typical_volume": 407471.85, "trend": 46.080586, "fair_value": 37.916736, "relative_strength": 0.771791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.270658, "energy": 69.238966, "activity_lines": [ 48.440876, 47.432979, 46.960599, 46.814498 ] }, { "date": "2025-11-07", "close": 48.208744, "volume": 702568, "typical_volume": 431559.75, "trend": 46.396684, "fair_value": 38.058254, "relative_strength": 0.257001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.098552, "energy": 66.972484, "activity_lines": [ 48.581465, 47.687109, 47.071052, 46.951799 ] }, { "date": "2025-11-14", "close": 48.35677, "volume": 400854, "typical_volume": 433475.65, "trend": 46.662855, "fair_value": 38.20314, "relative_strength": -0.369765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.499012, "energy": 64.231112, "activity_lines": [ 48.604652, 47.924459, 47.196482, 47.078256 ] }, { "date": "2025-11-21", "close": 47.468586, "volume": 410699, "typical_volume": 408657.05, "trend": 46.805831, "fair_value": 38.339107, "relative_strength": -0.229517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.902183, "energy": 33.849388, "activity_lines": [ 48.214015, 47.955722, 47.240049, 47.130239 ] }, { "date": "2025-11-28", "close": 48.850208, "volume": 450815, "typical_volume": 408449.4, "trend": 46.973766, "fair_value": 38.483931, "relative_strength": -0.4719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.382432, "energy": 32.034207, "activity_lines": [ 48.310376, 48.20617, 47.423083, 47.262134 ] }, { "date": "2025-12-05", "close": 47.616615, "volume": 485927, "typical_volume": 420628.6, "trend": 47.063218, "fair_value": 38.628178, "relative_strength": -4.282553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.703461, "energy": 20.399486, "activity_lines": [ 48.05413, 48.18054, 47.478797, 47.303608 ] }, { "date": "2025-12-12", "close": 47.567276, "volume": 374416, "typical_volume": 431393.05, "trend": 47.118535, "fair_value": 38.775335, "relative_strength": -4.096529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.668512, "energy": 15.687963, "activity_lines": [ 47.876494, 48.112121, 47.528405, 47.336128 ] }, { "date": "2025-12-19", "close": 48.899551, "volume": 1089466, "typical_volume": 471144.25, "trend": 47.258874, "fair_value": 38.926926, "relative_strength": -2.065788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.208828, "energy": 23.582629, "activity_lines": [ 48.185714, 48.252121, 47.708597, 47.451032 ] }, { "date": "2025-12-26", "close": 49.19561, "volume": 160879, "typical_volume": 469917.5, "trend": 47.370094, "fair_value": 39.065167, "relative_strength": -1.697784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.859996, "energy": 29.363517, "activity_lines": [ 48.557435, 48.403965, 47.903203, 47.575983 ] }, { "date": "2026-01-02", "close": 48.850208, "volume": 238666, "typical_volume": 475891.5, "trend": 47.450306, "fair_value": 39.201486, "relative_strength": -3.323242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.200177, "energy": 33.544639, "activity_lines": [ 48.698887, 48.468823, 48.049257, 47.671474 ] }, { "date": "2026-01-09", "close": 50.823952, "volume": 422452, "typical_volume": 482991.55, "trend": 47.560572, "fair_value": 39.341954, "relative_strength": -2.537867, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.281441, "energy": 59.561905, "activity_lines": [ 49.498253, 48.908522, 48.367418, 47.889129 ] }, { "date": "2026-01-16", "close": 50.133141, "volume": 335503, "typical_volume": 455300.7, "trend": 47.61857, "fair_value": 39.476821, "relative_strength": -5.765292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.968623, "energy": 59.528455, "activity_lines": [ 49.853527, 49.19023, 48.599394, 48.055101 ] }, { "date": "2026-01-23", "close": 49.289318, "volume": 388066, "typical_volume": 461035.0, "trend": 47.630571, "fair_value": 39.606353, "relative_strength": -6.44948, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.173231, "energy": 50.949287, "activity_lines": [ 49.756469, 49.283525, 48.730399, 48.162891 ] }, { "date": "2026-01-30", "close": 49.388592, "volume": 451753, "typical_volume": 478001.3, "trend": 47.639384, "fair_value": 39.737406, "relative_strength": -6.508154, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.885624, "energy": 44.416346, "activity_lines": [ 49.666518, 49.377915, 48.854737, 48.276312 ] }, { "date": "2026-02-06", "close": 48.693676, "volume": 738265, "typical_volume": 507663.3, "trend": 47.703007, "fair_value": 39.862529, "relative_strength": -10.354004, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.909101, "energy": 25.412438, "activity_lines": [ 49.332062, 49.311048, 48.895364, 48.344331 ] }, { "date": "2026-02-13", "close": 49.090771, "volume": 596762, "typical_volume": 512038.2, "trend": 47.761998, "fair_value": 39.991083, "relative_strength": -9.419664, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.272206, "energy": 16.181887, "activity_lines": [ 49.140407, 49.319225, 48.960991, 48.433864 ] }, { "date": "2026-02-20", "close": 46.906754, "volume": 1560278, "typical_volume": 578918.8, "trend": 47.714074, "fair_value": 40.128645, "relative_strength": -14.933382, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.388167, "energy": 10.858877, "activity_lines": [ 48.336292, 48.903506, 48.802739, 48.378687 ] }, { "date": "2026-02-27", "close": 47.055664, "volume": 778511, "typical_volume": 586132.85, "trend": 47.749089, "fair_value": 40.268341, "relative_strength": -15.620779, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.785444, "energy": 12.558386, "activity_lines": [ 47.796906, 48.526871, 48.652959, 48.336209 ] }, { "date": "2026-03-06", "close": 45.219101, "volume": 922159, "typical_volume": 602313.1, "trend": 47.726134, "fair_value": 40.41824, "relative_strength": -14.007773, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.207179, "energy": 38.24901, "activity_lines": [ 46.794243, 47.849841, 48.326053, 48.172984 ] }, { "date": "2026-03-13", "close": 43.87891, "volume": 651909, "typical_volume": 583656.4, "trend": 47.671502, "fair_value": 40.557926, "relative_strength": -15.950021, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.212662, "energy": 61.235624, "activity_lines": [ 45.622815, 47.001439, 47.88411, 47.924776 ] }, { "date": "2026-03-20", "close": 43.481815, "volume": 651202, "typical_volume": 590557.5, "trend": 47.569519, "fair_value": 40.697132, "relative_strength": -12.218046, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.563725, "energy": 68.305355, "activity_lines": [ 44.640007, 46.171226, 47.432208, 47.654473 ] }, { "date": "2026-03-27", "close": 42.489079, "volume": 628705, "typical_volume": 586864.35, "trend": 47.458966, "fair_value": 40.822009, "relative_strength": -14.114185, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.257345, "energy": 81.745142, "activity_lines": [ 43.700217, 45.294009, 46.912238, 47.326703 ] }, { "date": "2026-04-03", "close": 44.92128, "volume": 597545, "typical_volume": 596698.9, "trend": 47.426218, "fair_value": 40.963952, "relative_strength": -12.102731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.751127, "energy": 70.438361, "activity_lines": [ 43.865672, 44.997993, 46.651142, 47.162981 ] }, { "date": "2026-04-10", "close": 46.757839, "volume": 512430, "typical_volume": 601785.45, "trend": 47.461226, "fair_value": 41.114128, "relative_strength": -12.559679, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.319135, "energy": 41.992304, "activity_lines": [ 44.785606, 45.115315, 46.581317, 47.11986 ] }, { "date": "2026-04-17", "close": 48.246944, "volume": 534770, "typical_volume": 605983.2, "trend": 47.536063, "fair_value": 41.27975, "relative_strength": -11.627548, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.398361, "energy": 16.5326, "activity_lines": [ 46.099326, 45.551216, 46.656696, 47.170551 ] }, { "date": "2026-04-24", "close": 45.467285, "volume": 463911, "typical_volume": 604882.4, "trend": 47.526419, "fair_value": 41.426815, "relative_strength": -14.24149, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.166552, "energy": 22.623472, "activity_lines": [ 46.19529, 45.489847, 46.470218, 47.037082 ] }, { "date": "2026-05-01", "close": 44.200001, "volume": 721458, "typical_volume": 622234.5, "trend": 47.476167, "fair_value": 41.552522, "relative_strength": -15.206655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.717345, "energy": 24.310464, "activity_lines": [ 45.736462, 45.263944, 46.173281, 46.822474 ] }, { "date": "2026-05-08", "close": 43.950001, "volume": 774595, "typical_volume": 606490.95, "trend": 47.388155, "fair_value": 41.673355, "relative_strength": -15.662782, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.87789, "energy": 25.648112, "activity_lines": [ 45.080239, 45.0418, 45.868569, 46.59498 ] }, { "date": "2026-05-15", "close": 44.349998, "volume": 357103, "typical_volume": 616302.15, "trend": 47.270974, "fair_value": 41.799727, "relative_strength": -13.513786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.314285, "energy": 41.73906, "activity_lines": [ 44.622101, 44.94885, 45.625521, 46.39897 ] }, { "date": "2026-05-22", "close": 45.549999, "volume": 731853, "typical_volume": 640961.5, "trend": 47.131672, "fair_value": 41.923678, "relative_strength": -13.923146, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.031307, "energy": 41.538187, "activity_lines": [ 44.724485, 45.089883, 45.519834, 46.287939 ] }, { "date": "2026-05-29", "close": 46.25, "volume": 536937, "typical_volume": 646685.75, "trend": 47.03859, "fair_value": 42.056281, "relative_strength": -12.010793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.171596, "energy": 26.268232, "activity_lines": [ 45.24, 45.327806, 45.496529, 46.231057 ] }, { "date": "2026-06-05", "close": 43.849998, "volume": 80763, "typical_volume": 633948.75, "trend": 46.893298, "fair_value": 42.173499, "relative_strength": -15.574618, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.335688, "energy": 29.37827, "activity_lines": [ 44.903332, 45.079035, 45.266433, 46.025341 ] }, { "date": "2026-06-12", "close": 43.799999, "volume": 37047, "typical_volume": 616397.8, "trend": 46.741406, "fair_value": 42.290099, "relative_strength": -15.079707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.784066, "energy": 29.724517, "activity_lines": [ 44.573332, 44.796428, 45.061494, 45.825774 ] }, { "date": "2026-06-19", "close": 43.200001, "volume": 233645, "typical_volume": 605492.4, "trend": 46.59912, "fair_value": 42.407016, "relative_strength": -17.364276, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.1204, "energy": 36.914995, "activity_lines": [ 44.053333, 44.425118, 44.825553, 45.597296 ] }, { "date": "2026-06-26", "close": 43.950001, "volume": 57382, "typical_volume": 571448.25, "trend": 46.435779, "fair_value": 42.523091, "relative_strength": -14.703547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.9586, "energy": 50.493472, "activity_lines": [ 43.86, 44.25486, 44.69051, 45.426385 ] }, { "date": "2026-07-03", "close": 46.0, "volume": 87655, "typical_volume": 545992.9, "trend": 46.381892, "fair_value": 42.653496, "relative_strength": -12.742128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.00952, "energy": 25.771328, "activity_lines": [ 44.456667, 44.535454, 44.773293, 45.39827 ] }, { "date": "2026-07-10", "close": 47.25, "volume": 796509, "typical_volume": 507804.45, "trend": 46.371316, "fair_value": 42.793996, "relative_strength": -8.035031, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 0.020863, "energy": 4.663567, "activity_lines": [ 45.486667, 45.033636, 44.989842, 45.454277 ] }, { "date": "2026-07-17", "close": 46.549999, "volume": 400833, "typical_volume": 488920.55, "trend": 46.292998, "fair_value": 42.927927, "relative_strength": -8.095358, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.095854, "energy": 15.610128, "activity_lines": [ 46.056667, 45.349091, 45.13809, 45.465805 ] }, { "date": "2026-07-24", "close": 45.75, "volume": 248914, "typical_volume": 455258.3, "trend": 46.178144, "fair_value": 43.055837, "relative_strength": -10.708512, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.904035, "energy": 20.056706, "activity_lines": [ 46.176666, 45.471818, 45.212556, 45.430773 ] }, { "date": "2026-07-31", "close": 46.950001, "volume": 301377, "typical_volume": 437731.7, "trend": 46.114804, "fair_value": 43.193521, "relative_strength": -9.298485, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.881712, "energy": 35.571057, "activity_lines": [ 46.526667, 45.787273, 45.398779, 45.48057 ] }, { "date": "2026-08-07", "close": 47.200001, "volume": 258138, "typical_volume": 418078.5, "trend": 45.994006, "fair_value": 43.285521, "relative_strength": -10.249775, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.58775, "energy": 45.98346, "activity_lines": [ 46.76, 46.122728, 45.594187, 45.550583 ] } ], "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." } } }