{ "ticker": { "uuid": "fc4562d3-aa3f-43b8-a219-5b7f06546a56", "symbol": "JPNH", "name": "Amundi Japan TOPIX II UCITS ETF", "exchange": "PAR", "country": "FR", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FCHI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.569, "architecture_energy": 46.046, "architecture_maturity": 86.186, "architecture_confidence": 68.186, "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": 22.81, "rotation_up": 47.02, "upward_expansion": 75.57, "deceleration": 68.54, "rotation_down": 28.6, "downward_expansion": 11.24 }, "activity_lines": [ 332.553333, 332.280908, 327.472381, 321.680538 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 338.399994, "trend_reference": 314.620001, "distance_from_trend": 0.075583, "trend_direction": "Improving", "fair_value": 234.797315, "distance_from_fair_value": 0.441243, "fair_value_direction": "Improving", "relative_strength": 7.831888, "relative_strength_direction": "Weakening", "price_momentum": 0.101562, "excess_performance": 0.048251, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.075583, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.061812, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.441243, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.008887, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.078319, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.088004, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.101562, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.476701, "read": "Demand-led" } ], "volume": { "latest": 1380, "relative_activity": 0.449665, "balance": 1.476701, "dry_up": 1.683964, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.026005, "annualized_volatility": 0.199138, "from_high_reference": -0.006313, "from_low_reference": 0.38214 }, "levels": { "trend_reference": 314.620001, "fair_value_reference": 234.797315, "structural_low": 283.600006, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 43, "median_return": 0.015024, "positive_rate": 0.604651, "directional_follow_through": 0.604651, "median_excess_return": 0.014822, "regime_survival": 0.790698, "best_return": 0.092388, "worst_return": -0.07608, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.046232, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.053272, "regime_survival": 0.666667, "best_return": 0.128214, "worst_return": -0.049736, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.094001, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.06426, "regime_survival": 0.75, "best_return": 0.203956, "worst_return": -0.139219, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.181391, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.090916, "regime_survival": 0.75, "best_return": 0.260784, "worst_return": -0.055108, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-07-26", "tenure": "Developing", "return": -0.003661, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": 0.08642, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-23", "end": "2024-09-06", "tenure": "New", "return": -0.057683, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.038123, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2024-12-06", "tenure": "Developing", "return": 0.004993, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-12-13", "end": "2024-12-20", "tenure": "New", "return": -0.008672, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-27", "end": "2025-03-28", "tenure": "Established", "return": -0.015959, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.022673, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.058125, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.009964, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.030034, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2026-03-20", "tenure": "Extended", "return": 0.29289, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.08656, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.11133, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 166.168457, "volume": 567, "typical_volume": 2191.65, "trend": 156.258486, "fair_value": 140.247993, "relative_strength": 7.406274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.574214, "energy": 49.588294, "activity_lines": [ 168.991256, 168.869431, 166.124595, 161.843813 ] }, { "date": "2023-08-25", "close": 169.232819, "volume": 733, "typical_volume": 2220.55, "trend": 157.097488, "fair_value": 140.600944, "relative_strength": 8.307322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.488452, "energy": 40.059378, "activity_lines": [ 168.897466, 168.926199, 166.815565, 162.680867 ] }, { "date": "2023-09-01", "close": 175.033859, "volume": 2159, "typical_volume": 2286.05, "trend": 158.122791, "fair_value": 140.98929, "relative_strength": 10.857792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.74908, "energy": 56.009675, "activity_lines": [ 170.759199, 170.067136, 167.942369, 163.838052 ] }, { "date": "2023-09-08", "close": 176.498581, "volume": 1519, "typical_volume": 2352.05, "trend": 159.203341, "fair_value": 141.372572, "relative_strength": 12.490786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.507127, "energy": 60.716659, "activity_lines": [ 172.911307, 171.328266, 169.08395, 165.023587 ] }, { "date": "2023-09-15", "close": 180.603638, "volume": 3101, "typical_volume": 2467.25, "trend": 160.404667, "fair_value": 141.781691, "relative_strength": 12.790735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.679909, "energy": 89.699188, "activity_lines": [ 175.916546, 173.230296, 170.48929, 166.404251 ] }, { "date": "2023-09-22", "close": 178.117477, "volume": 2465, "typical_volume": 2578.1, "trend": 161.523763, "fair_value": 142.178575, "relative_strength": 14.096895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.784838, "energy": 86.93897, "activity_lines": [ 177.453214, 174.438162, 171.522118, 167.547013 ] }, { "date": "2023-09-29", "close": 175.072403, "volume": 3209, "typical_volume": 2666.85, "trend": 162.441782, "fair_value": 142.554387, "relative_strength": 12.817352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.402683, "energy": 78.692226, "activity_lines": [ 177.178257, 174.868466, 172.141502, 168.421119 ] }, { "date": "2023-10-06", "close": 171.294983, "volume": 10205, "typical_volume": 3070.65, "trend": 163.222964, "fair_value": 142.895115, "relative_strength": 11.46564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.055571, "energy": 50.221429, "activity_lines": [ 175.254854, 174.511749, 172.307064, 168.992293 ] }, { "date": "2023-10-13", "close": 172.432068, "volume": 1743, "typical_volume": 3026.45, "trend": 164.279746, "fair_value": 143.252926, "relative_strength": 12.94837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.744208, "energy": 30.719251, "activity_lines": [ 173.959738, 174.375791, 172.521541, 169.586429 ] }, { "date": "2023-10-20", "close": 168.866623, "volume": 1043, "typical_volume": 3043.1, "trend": 165.184274, "fair_value": 143.588241, "relative_strength": 13.432967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.141855, "energy": 21.112968, "activity_lines": [ 171.747241, 173.524992, 172.338542, 169.882356 ] }, { "date": "2023-10-27", "close": 168.384811, "volume": 2626, "typical_volume": 3059.7, "trend": 165.836331, "fair_value": 143.935876, "relative_strength": 13.192444, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.08728, "energy": 20.412953, "activity_lines": [ 170.156608, 172.625487, 172.083777, 170.088843 ] }, { "date": "2023-11-03", "close": 179.717102, "volume": 3592, "typical_volume": 3073.25, "trend": 167.002324, "fair_value": 144.3245, "relative_strength": 16.110798, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.145372, "energy": 23.629821, "activity_lines": [ 172.992249, 173.746101, 172.89139, 170.984376 ] }, { "date": "2023-11-10", "close": 176.729858, "volume": 2984, "typical_volume": 2992.35, "trend": 167.931906, "fair_value": 144.67104, "relative_strength": 13.869504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.644559, "energy": 28.057221, "activity_lines": [ 174.522496, 174.132956, 173.372288, 171.611959 ] }, { "date": "2023-11-17", "close": 180.064011, "volume": 834, "typical_volume": 2590.1, "trend": 168.941148, "fair_value": 145.027008, "relative_strength": 12.652811, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.957254, "energy": 47.936394, "activity_lines": [ 176.801803, 175.095184, 174.124379, 172.394676 ] }, { "date": "2023-11-24", "close": 181.124008, "volume": 1826, "typical_volume": 2496.7, "trend": 169.908633, "fair_value": 145.368389, "relative_strength": 12.111635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.798012, "energy": 70.088671, "activity_lines": [ 178.925645, 176.185313, 174.932819, 173.180667 ] }, { "date": "2023-12-01", "close": 179.640015, "volume": 888, "typical_volume": 2447.05, "trend": 170.82344, "fair_value": 145.703243, "relative_strength": 10.050545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.280092, "energy": 67.49928, "activity_lines": [ 179.737664, 176.996165, 175.534032, 173.808498 ] }, { "date": "2023-12-08", "close": 176.325134, "volume": 1287, "typical_volume": 2325.9, "trend": 171.523679, "fair_value": 146.020346, "relative_strength": 5.238804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.575568, "energy": 55.646085, "activity_lines": [ 178.694376, 177.176627, 175.753649, 174.163446 ] }, { "date": "2023-12-15", "close": 175.092896, "volume": 5094, "typical_volume": 2472.15, "trend": 172.065922, "fair_value": 146.320077, "relative_strength": 3.416025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.405479, "energy": 32.389511, "activity_lines": [ 177.466473, 177.11027, 175.823697, 174.393718 ] }, { "date": "2023-12-22", "close": 178.899689, "volume": 1619, "typical_volume": 2481.95, "trend": 172.686876, "fair_value": 146.652484, "relative_strength": 5.822111, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.110091, "energy": 25.836865, "activity_lines": [ 177.616631, 177.667004, 176.241882, 174.834606 ] }, { "date": "2023-12-29", "close": 178.743515, "volume": 1308, "typical_volume": 2440.1, "trend": 173.197269, "fair_value": 146.967104, "relative_strength": 5.848839, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.371456, "energy": 22.494788, "activity_lines": [ 177.792353, 178.077749, 176.596958, 175.225357 ] }, { "date": "2024-01-05", "close": 183.48735, "volume": 1566, "typical_volume": 2490.05, "trend": 173.818892, "fair_value": 147.29031, "relative_strength": 9.992861, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.852, "energy": 42.665296, "activity_lines": [ 179.708054, 179.171431, 177.366982, 175.889233 ] }, { "date": "2024-01-12", "close": 190.027222, "volume": 1929, "typical_volume": 2549.85, "trend": 174.458076, "fair_value": 147.660834, "relative_strength": 12.654856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.735707, "energy": 80.875034, "activity_lines": [ 183.547222, 181.179588, 178.67738, 176.934932 ] }, { "date": "2024-01-19", "close": 191.237595, "volume": 2820, "typical_volume": 2582.9, "trend": 175.266089, "fair_value": 148.038637, "relative_strength": 14.251856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.93503, "energy": 89.413128, "activity_lines": [ 186.876375, 183.220356, 180.004031, 178.017481 ] }, { "date": "2024-01-26", "close": 191.706116, "volume": 7658, "typical_volume": 2889.85, "trend": 175.966375, "fair_value": 148.432873, "relative_strength": 10.144591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.638736, "energy": 91.042179, "activity_lines": [ 189.285389, 185.082533, 181.298142, 179.078128 ] }, { "date": "2024-02-02", "close": 194.204941, "volume": 4126, "typical_volume": 2941.1, "trend": 176.863664, "fair_value": 148.808835, "relative_strength": 11.665014, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.740753, "energy": 93.762911, "activity_lines": [ 191.673583, 187.187367, 182.75782, 180.25481 ] }, { "date": "2024-02-09", "close": 195.083435, "volume": 2117, "typical_volume": 2923.7, "trend": 177.839703, "fair_value": 149.169564, "relative_strength": 10.866248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.49965, "energy": 92.603073, "activity_lines": [ 193.323847, 189.214092, 184.236395, 181.430279 ] }, { "date": "2024-02-16", "close": 200.295792, "volume": 2193, "typical_volume": 2872.9, "trend": 178.864214, "fair_value": 149.562867, "relative_strength": 11.491087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.27281, "energy": 96.303577, "activity_lines": [ 195.93849, 191.907729, 186.130596, 182.879059 ] }, { "date": "2024-02-23", "close": 204.346619, "volume": 1252, "typical_volume": 2425.25, "trend": 179.940239, "fair_value": 150.008995, "relative_strength": 10.403279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.173761, "energy": 97.186367, "activity_lines": [ 199.218838, 194.902049, 188.290478, 184.523085 ] }, { "date": "2024-03-01", "close": 206.933289, "volume": 1839, "typical_volume": 2430.05, "trend": 181.21234, "fair_value": 150.468347, "relative_strength": 11.703781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.176462, "energy": 96.376412, "activity_lines": [ 202.487474, 197.834788, 190.53932, 186.264572 ] }, { "date": "2024-03-08", "close": 207.177307, "volume": 1961, "typical_volume": 2475.95, "trend": 182.418054, "fair_value": 150.904084, "relative_strength": 10.045196, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.464104, "energy": 93.781967, "activity_lines": [ 204.822304, 200.302191, 192.647111, 187.939731 ] }, { "date": "2024-03-15", "close": 204.883484, "volume": 6346, "typical_volume": 2661.95, "trend": 183.708555, "fair_value": 151.297298, "relative_strength": 6.592135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.521631, "energy": 86.665963, "activity_lines": [ 205.527703, 201.835558, 194.354011, 189.389114 ] }, { "date": "2024-03-22", "close": 214.400452, "volume": 2340, "typical_volume": 2599.35, "trend": 185.214142, "fair_value": 151.758954, "relative_strength": 11.15989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.500659, "energy": 83.837113, "activity_lines": [ 208.752088, 204.710262, 196.793486, 191.369236 ] }, { "date": "2024-03-29", "close": 213.082718, "volume": 2467, "typical_volume": 2573.5, "trend": 186.482438, "fair_value": 152.215759, "relative_strength": 9.250082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.700232, "energy": 72.57527, "activity_lines": [ 210.596917, 206.902229, 198.942303, 193.167209 ] }, { "date": "2024-04-05", "close": 209.715179, "volume": 1935, "typical_volume": 2628.55, "trend": 187.589658, "fair_value": 152.653735, "relative_strength": 8.899751, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.752981, "energy": 67.228769, "activity_lines": [ 210.736827, 208.084731, 200.597294, 194.666095 ] }, { "date": "2024-04-12", "close": 211.081711, "volume": 799, "typical_volume": 2577.2, "trend": 188.605593, "fair_value": 153.102869, "relative_strength": 9.721021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.506652, "energy": 66.97403, "activity_lines": [ 211.146788, 209.188256, 202.241234, 196.181712 ] }, { "date": "2024-04-19", "close": 205.469147, "volume": 1438, "typical_volume": 2604.7, "trend": 189.517316, "fair_value": 153.533171, "relative_strength": 6.152714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.120603, "energy": 61.857703, "activity_lines": [ 209.4256, 208.964465, 203.207989, 197.269683 ] }, { "date": "2024-04-26", "close": 209.519943, "volume": 2364, "typical_volume": 2658.55, "trend": 190.665567, "fair_value": 153.998792, "relative_strength": 6.887289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.407636, "energy": 54.593513, "activity_lines": [ 209.015634, 209.288351, 204.437538, 198.560175 ] }, { "date": "2024-05-03", "close": 209.227127, "volume": 455, "typical_volume": 2426.6, "trend": 191.929972, "fair_value": 154.447908, "relative_strength": 7.992169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.123725, "energy": 47.82466, "activity_lines": [ 208.83343, 209.391286, 205.481129, 199.757695 ] }, { "date": "2024-05-10", "close": 211.374557, "volume": 1064, "typical_volume": 2398.85, "trend": 193.228055, "fair_value": 154.931294, "relative_strength": 5.231976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.76404, "energy": 47.065056, "activity_lines": [ 209.624075, 209.795926, 206.566693, 201.012184 ] }, { "date": "2024-05-17", "close": 212.155426, "volume": 3221, "typical_volume": 2494.5, "trend": 194.671015, "fair_value": 155.41309, "relative_strength": 5.890556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.663103, "energy": 56.083838, "activity_lines": [ 210.564385, 210.261792, 207.571984, 202.233305 ] }, { "date": "2024-05-24", "close": 213.277939, "volume": 2486, "typical_volume": 2540.5, "trend": 196.167453, "fair_value": 155.883616, "relative_strength": 7.031256, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.161, "energy": 58.404916, "activity_lines": [ 211.807284, 210.841241, 208.525076, 203.433752 ] }, { "date": "2024-05-31", "close": 214.888504, "volume": 1434, "typical_volume": 2515.75, "trend": 197.339833, "fair_value": 156.357633, "relative_strength": 8.842314, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.802548, "energy": 61.191861, "activity_lines": [ 213.066453, 211.560892, 209.489695, 204.641562 ] }, { "date": "2024-06-07", "close": 214.595673, "volume": 940, "typical_volume": 2421.75, "trend": 198.602026, "fair_value": 156.830611, "relative_strength": 8.238496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.996777, "energy": 58.321813, "activity_lines": [ 213.870107, 212.218428, 210.308039, 205.754842 ] }, { "date": "2024-06-14", "close": 212.155426, "volume": 1473, "typical_volume": 2112.5, "trend": 199.67174, "fair_value": 157.305213, "relative_strength": 13.66298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.45305, "energy": 51.977842, "activity_lines": [ 213.502443, 212.404775, 210.782749, 206.629254 ] }, { "date": "2024-06-21", "close": 211.618561, "volume": 1098, "typical_volume": 1961.1, "trend": 200.688225, "fair_value": 157.759107, "relative_strength": 11.132756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.701489, "energy": 47.874261, "activity_lines": [ 212.903765, 212.449141, 211.108952, 207.400017 ] }, { "date": "2024-06-28", "close": 221.330765, "volume": 4318, "typical_volume": 2071.15, "trend": 202.077917, "fair_value": 158.280415, "relative_strength": 17.958368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.22319, "energy": 59.285292, "activity_lines": [ 215.57828, 214.249602, 212.277204, 208.731794 ] }, { "date": "2024-07-05", "close": 224.405472, "volume": 2138, "typical_volume": 2068.4, "trend": 203.680595, "fair_value": 158.822591, "relative_strength": 16.031405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.292224, "energy": 69.465136, "activity_lines": [ 218.740842, 216.320707, 213.613299, 210.172281 ] }, { "date": "2024-07-12", "close": 226.16246, "volume": 2917, "typical_volume": 2151.65, "trend": 205.382914, "fair_value": 159.383272, "relative_strength": 15.602966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.880025, "energy": 87.898043, "activity_lines": [ 221.854602, 218.440619, 215.001917, 211.622724 ] }, { "date": "2024-07-19", "close": 222.014038, "volume": 2352, "typical_volume": 2177.3, "trend": 206.820059, "fair_value": 159.911205, "relative_strength": 15.756395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.7396, "energy": 84.483038, "activity_lines": [ 222.814436, 219.498357, 215.891563, 212.6957 ] }, { "date": "2024-07-26", "close": 212.497055, "volume": 4593, "typical_volume": 2308.9, "trend": 207.945177, "fair_value": 160.393343, "relative_strength": 10.603653, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.615277, "energy": 49.886781, "activity_lines": [ 219.944701, 218.63229, 215.803016, 213.061958 ] }, { "date": "2024-08-02", "close": 189.753922, "volume": 6957, "typical_volume": 2339.45, "trend": 208.154062, "fair_value": 160.718463, "relative_strength": 2.149237, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -9.1139, "energy": 19.04012, "activity_lines": [ 209.435356, 213.624896, 213.523125, 211.888328 ] }, { "date": "2024-08-09", "close": 191.218063, "volume": 6196, "typical_volume": 2532.25, "trend": 208.193757, "fair_value": 161.045967, "relative_strength": 2.452596, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.256746, "energy": 45.92342, "activity_lines": [ 201.51918, 209.311419, 211.454721, 210.795683 ] }, { "date": "2024-08-16", "close": 206.152405, "volume": 913, "typical_volume": 2454.55, "trend": 208.690918, "fair_value": 161.499508, "relative_strength": 7.425272, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.567519, "energy": 38.492997, "activity_lines": [ 200.793613, 208.143648, 210.919028, 210.663983 ] }, { "date": "2024-08-23", "close": 208.983109, "volume": 2468, "typical_volume": 2481.2, "trend": 209.266817, "fair_value": 161.947771, "relative_strength": 6.737657, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.709995, "energy": 35.82362, "activity_lines": [ 202.345617, 207.644065, 210.685927, 210.682834 ] }, { "date": "2024-08-30", "close": 210.691269, "volume": 1789, "typical_volume": 2530.7, "trend": 209.816362, "fair_value": 162.364246, "relative_strength": 6.5626, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.267753, "energy": 24.289129, "activity_lines": [ 205.335736, 207.512735, 210.618994, 210.774734 ] }, { "date": "2024-09-06", "close": 196.928253, "volume": 2246, "typical_volume": 2571.1, "trend": 209.877856, "fair_value": 162.666417, "relative_strength": 3.191971, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.394534, "energy": 21.903861, "activity_lines": [ 203.858569, 204.895898, 209.243157, 209.943243 ] }, { "date": "2024-09-13", "close": 199.710144, "volume": 3111, "typical_volume": 2608.45, "trend": 209.858334, "fair_value": 162.987266, "relative_strength": 2.892832, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.070393, "energy": 30.817043, "activity_lines": [ 202.830411, 203.228541, 208.172933, 209.287262 ] }, { "date": "2024-09-20", "close": 207.665359, "volume": 4460, "typical_volume": 2808.7, "trend": 209.968959, "fair_value": 163.361404, "relative_strength": 6.264335, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.219443, "energy": 23.089083, "activity_lines": [ 203.887852, 203.456593, 207.907061, 209.14578 ] }, { "date": "2024-09-27", "close": 207.32373, "volume": 1235, "typical_volume": 2817.25, "trend": 209.981973, "fair_value": 163.772711, "relative_strength": 1.964314, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.901544, "energy": 24.003101, "activity_lines": [ 204.730553, 203.958842, 207.616091, 208.97512 ] }, { "date": "2024-10-04", "close": 215.034912, "volume": 2330, "typical_volume": 2772.7, "trend": 210.243893, "fair_value": 164.242866, "relative_strength": 8.927382, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.387063, "energy": 11.352326, "activity_lines": [ 208.254273, 206.130221, 208.078808, 209.301116 ] }, { "date": "2024-10-11", "close": 214.10762, "volume": 195, "typical_volume": 2658.15, "trend": 210.551365, "fair_value": 164.677618, "relative_strength": 7.647475, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.227073, "energy": 13.107947, "activity_lines": [ 211.17932, 208.086858, 208.4395, 209.550389 ] }, { "date": "2024-10-18", "close": 211.960205, "volume": 1359, "typical_volume": 2654.4, "trend": 210.470023, "fair_value": 165.112489, "relative_strength": 5.837778, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.197643, "energy": 16.90784, "activity_lines": [ 212.243271, 209.210261, 208.591726, 209.641282 ] }, { "date": "2024-10-25", "close": 207.12851, "volume": 1997, "typical_volume": 2707.25, "trend": 210.271549, "fair_value": 165.514335, "relative_strength": 4.80047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.908536, "energy": 13.255493, "activity_lines": [ 210.879986, 209.078044, 208.297734, 209.4257 ] }, { "date": "2024-11-01", "close": 211.228134, "volume": 10784, "typical_volume": 3172.8, "trend": 210.321981, "fair_value": 165.923385, "relative_strength": 7.913497, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.532105, "energy": 12.898689, "activity_lines": [ 210.919032, 209.673467, 208.429741, 209.487415 ] }, { "date": "2024-11-08", "close": 214.205246, "volume": 478, "typical_volume": 3141.8, "trend": 210.426099, "fair_value": 166.354658, "relative_strength": 10.155876, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.176554, "energy": 21.037651, "activity_lines": [ 211.690155, 210.769364, 208.849698, 209.737948 ] }, { "date": "2024-11-15", "close": 211.325745, "volume": 1797, "typical_volume": 3015.75, "trend": 210.621319, "fair_value": 166.772301, "relative_strength": 9.375523, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.733905, "energy": 13.342431, "activity_lines": [ 211.556756, 211.277824, 208.983099, 209.79599 ] }, { "date": "2024-11-22", "close": 213.277939, "volume": 3057, "typical_volume": 3061.7, "trend": 210.746586, "fair_value": 167.24701, "relative_strength": 10.244512, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.285601, "energy": 27.185966, "activity_lines": [ 212.259546, 211.879457, 209.350066, 209.967385 ] }, { "date": "2024-11-29", "close": 211.911407, "volume": 4554, "typical_volume": 3143.55, "trend": 210.836062, "fair_value": 167.712113, "relative_strength": 9.4577, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.660896, "energy": 22.237447, "activity_lines": [ 212.418977, 211.985942, 209.639876, 210.042535 ] }, { "date": "2024-12-06", "close": 216.108627, "volume": 1138, "typical_volume": 3082.85, "trend": 210.993864, "fair_value": 168.184992, "relative_strength": 8.301973, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.522537, "energy": 34.711939, "activity_lines": [ 213.658621, 212.778357, 210.397283, 210.3827 ] }, { "date": "2024-12-13", "close": 217.138031, "volume": 6002, "typical_volume": 3153.3, "trend": 211.159951, "fair_value": 168.664226, "relative_strength": 8.585757, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.341462, "energy": 45.637165, "activity_lines": [ 214.916034, 213.598211, 211.280849, 210.779098 ] }, { "date": "2024-12-20", "close": 215.255035, "volume": 3363, "typical_volume": 2973.6, "trend": 211.225854, "fair_value": 169.130904, "relative_strength": 9.179893, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.681124, "energy": 43.896812, "activity_lines": [ 215.350262, 214.037463, 211.962983, 211.043297 ] }, { "date": "2024-12-27", "close": 220.458023, "volume": 1154, "typical_volume": 2721.5, "trend": 211.411505, "fair_value": 169.628261, "relative_strength": 10.098872, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.447868, "energy": 70.33403, "activity_lines": [ 217.256867, 215.401851, 213.019205, 211.638921 ] }, { "date": "2025-01-03", "close": 217.881317, "volume": 1498, "typical_volume": 2750.75, "trend": 211.521026, "fair_value": 170.111531, "relative_strength": 9.503342, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.853264, "energy": 65.667538, "activity_lines": [ 217.825898, 216.143242, 213.690789, 212.056328 ] }, { "date": "2025-01-10", "close": 212.628769, "volume": 1728, "typical_volume": 2713.75, "trend": 211.536804, "fair_value": 170.565749, "relative_strength": 4.491096, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.240808, "energy": 37.054404, "activity_lines": [ 216.246086, 215.734118, 213.806279, 212.127795 ] }, { "date": "2025-01-17", "close": 213.91713, "volume": 886, "typical_volume": 2668.6, "trend": 211.613423, "fair_value": 171.049858, "relative_strength": 1.195751, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.554039, "energy": 27.0073, "activity_lines": [ 215.327717, 215.533775, 214.027109, 212.281365 ] }, { "date": "2025-01-24", "close": 220.210266, "volume": 2049, "typical_volume": 2658.75, "trend": 211.576073, "fair_value": 171.60639, "relative_strength": 1.120788, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.846039, "energy": 34.85212, "activity_lines": [ 216.721788, 216.482878, 214.831924, 212.836 ] }, { "date": "2025-01-31", "close": 221.300415, "volume": 637, "typical_volume": 2535.05, "trend": 211.472571, "fair_value": 172.144512, "relative_strength": 1.173316, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.836324, "energy": 38.834419, "activity_lines": [ 218.148892, 217.468652, 215.629696, 213.463377 ] }, { "date": "2025-02-07", "close": 215.354141, "volume": 1139, "typical_volume": 2369.0, "trend": 211.112294, "fair_value": 172.632728, "relative_strength": -1.930351, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.381513, "energy": 33.735765, "activity_lines": [ 217.537746, 217.227423, 215.758346, 213.713801 ] }, { "date": "2025-02-14", "close": 218.624603, "volume": 929, "typical_volume": 2353.7, "trend": 210.999313, "fair_value": 173.156492, "relative_strength": -3.006899, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.326058, "energy": 45.493585, "activity_lines": [ 218.185232, 217.518228, 216.161855, 214.198466 ] }, { "date": "2025-02-21", "close": 215.304596, "volume": 602, "typical_volume": 2267.3, "trend": 211.092898, "fair_value": 173.662984, "relative_strength": -4.248647, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.120008, "energy": 28.142425, "activity_lines": [ 217.326327, 217.15965, 216.195359, 214.476226 ] }, { "date": "2025-02-28", "close": 213.91713, "volume": 958, "typical_volume": 2305.45, "trend": 211.898338, "fair_value": 174.194003, "relative_strength": -4.382151, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.153604, "energy": 15.364382, "activity_lines": [ 215.912436, 216.582141, 216.095439, 214.658434 ] }, { "date": "2025-03-07", "close": 213.818024, "volume": 7410, "typical_volume": 2608.0, "trend": 212.65167, "fair_value": 174.738119, "relative_strength": -4.569162, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.965396, "energy": 13.147703, "activity_lines": [ 214.885052, 216.010939, 215.986987, 214.782285 ] }, { "date": "2025-03-14", "close": 217.584, "volume": 3985, "typical_volume": 2707.4, "trend": 213.032723, "fair_value": 175.247434, "relative_strength": -1.906443, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.832547, "energy": 16.938147, "activity_lines": [ 215.611819, 216.245186, 216.228354, 215.1005 ] }, { "date": "2025-03-21", "close": 221.449066, "volume": 957, "typical_volume": 2216.05, "trend": 213.448255, "fair_value": 175.757828, "relative_strength": -0.431484, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.148012, "energy": 26.015148, "activity_lines": [ 217.478284, 217.187579, 216.788033, 215.64349 ] }, { "date": "2025-03-28", "close": 216.939804, "volume": 2351, "typical_volume": 2309.7, "trend": 213.656539, "fair_value": 176.246122, "relative_strength": -0.994657, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.298281, "energy": 23.72754, "activity_lines": [ 217.653364, 217.149736, 216.869588, 215.868751 ] }, { "date": "2025-04-04", "close": 190.578018, "volume": 2875, "typical_volume": 2363.6, "trend": 213.444865, "fair_value": 176.588398, "relative_strength": -5.372448, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -44.485366, "energy": 50.563604, "activity_lines": [ 208.932169, 212.263884, 214.427476, 214.379814 ] }, { "date": "2025-04-11", "close": 194.898972, "volume": 5646, "typical_volume": 2493.05, "trend": 213.284492, "fair_value": 176.959832, "relative_strength": -0.983839, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.832762, "energy": 77.536255, "activity_lines": [ 203.207232, 208.702428, 212.495681, 213.183305 ] }, { "date": "2025-04-18", "close": 204.601303, "volume": 2489, "typical_volume": 2389.8, "trend": 213.182357, "fair_value": 177.395769, "relative_strength": 1.188689, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.594268, "energy": 71.891157, "activity_lines": [ 201.977675, 207.385059, 211.575436, 212.623099 ] }, { "date": "2025-04-25", "close": 212.083694, "volume": 2637, "typical_volume": 2464.75, "trend": 213.341023, "fair_value": 177.866059, "relative_strength": 1.247187, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.463272, "energy": 67.365421, "activity_lines": [ 204.107763, 207.62363, 211.402611, 212.552218 ] }, { "date": "2025-05-02", "close": 216.493835, "volume": 1499, "typical_volume": 2239.6, "trend": 213.389653, "fair_value": 178.376042, "relative_strength": 0.12863, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.678966, "energy": 25.238243, "activity_lines": [ 208.332255, 208.782971, 211.668965, 212.755625 ] }, { "date": "2025-05-09", "close": 218.8228, "volume": 308, "typical_volume": 2086.85, "trend": 213.546826, "fair_value": 178.914566, "relative_strength": 1.377115, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.265011, "energy": 16.370353, "activity_lines": [ 213.3628, 210.344137, 212.160193, 213.106151 ] }, { "date": "2025-05-16", "close": 221.003098, "volume": 2806, "typical_volume": 2169.45, "trend": 213.848256, "fair_value": 179.466824, "relative_strength": 0.389769, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.15532, "energy": 27.132834, "activity_lines": [ 217.237126, 212.212527, 212.842079, 213.5872 ] }, { "date": "2025-05-23", "close": 217.782211, "volume": 1244, "typical_volume": 2156.75, "trend": 214.203379, "fair_value": 179.984823, "relative_strength": 0.74888, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 16.837882, "energy": 28.083966, "activity_lines": [ 218.297547, 213.364664, 213.214618, 213.841004 ] }, { "date": "2025-05-30", "close": 222.935638, "volume": 860, "typical_volume": 2113.35, "trend": 214.593629, "fair_value": 180.528201, "relative_strength": 2.767723, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.25851, "energy": 38.825666, "activity_lines": [ 220.197051, 215.450184, 214.078432, 214.404375 ] }, { "date": "2025-06-06", "close": 224.323105, "volume": 5787, "typical_volume": 2358.4, "trend": 214.930891, "fair_value": 181.084969, "relative_strength": 2.569831, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.678622, "energy": 56.950412, "activity_lines": [ 221.83558, 217.760942, 215.025305, 215.032084 ] }, { "date": "2025-06-13", "close": 223.530273, "volume": 476, "typical_volume": 2279.75, "trend": 215.337709, "fair_value": 181.670805, "relative_strength": 3.747992, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.074905, "energy": 54.814713, "activity_lines": [ 222.687881, 219.793306, 215.847118, 215.586882 ] }, { "date": "2025-06-20", "close": 222.836548, "volume": 1254, "typical_volume": 2310.6, "trend": 215.656329, "fair_value": 182.231412, "relative_strength": 4.604616, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.750397, "energy": 53.820859, "activity_lines": [ 222.995109, 221.100407, 216.587052, 216.070678 ] }, { "date": "2025-06-27", "close": 230.863998, "volume": 7262, "typical_volume": 2616.75, "trend": 216.288082, "fair_value": 182.854051, "relative_strength": 6.906275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.279289, "energy": 65.544416, "activity_lines": [ 225.855923, 223.359089, 218.084191, 217.051818 ] }, { "date": "2025-07-04", "close": 227.296249, "volume": 1016, "typical_volume": 2621.1, "trend": 216.661003, "fair_value": 183.432588, "relative_strength": 5.168197, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.149187, "energy": 70.540762, "activity_lines": [ 226.655369, 224.491585, 219.167687, 217.762023 ] }, { "date": "2025-07-11", "close": 226.998932, "volume": 2034, "typical_volume": 2692.7, "trend": 216.9897, "fair_value": 184.009587, "relative_strength": 3.26636, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.643854, "energy": 74.983925, "activity_lines": [ 227.065001, 225.293431, 220.181574, 218.428986 ] }, { "date": "2025-07-18", "close": 227.692657, "volume": 3084, "typical_volume": 2799.0, "trend": 217.404287, "fair_value": 184.573149, "relative_strength": 3.69514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.982657, "energy": 77.377885, "activity_lines": [ 227.527487, 226.030408, 221.205843, 219.119499 ] }, { "date": "2025-07-25", "close": 236.859833, "volume": 2115, "typical_volume": 2534.25, "trend": 217.951014, "fair_value": 185.19621, "relative_strength": 7.561145, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.046896, "energy": 88.137039, "activity_lines": [ 230.768206, 228.272874, 223.037579, 220.374696 ] }, { "date": "2025-08-01", "close": 233.143402, "volume": 1055, "typical_volume": 2387.75, "trend": 218.45975, "fair_value": 185.796183, "relative_strength": 9.565513, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.499278, "energy": 83.213404, "activity_lines": [ 231.835228, 229.551321, 224.405645, 221.35485 ] }, { "date": "2025-08-08", "close": 245.531479, "volume": 1379, "typical_volume": 2408.85, "trend": 219.556507, "fair_value": 186.460991, "relative_strength": 12.040815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.917974, "energy": 94.220733, "activity_lines": [ 236.87965, 232.802851, 226.879437, 223.101413 ] }, { "date": "2025-08-15", "close": 247.464005, "volume": 6207, "typical_volume": 2601.65, "trend": 220.674736, "fair_value": 187.133409, "relative_strength": 10.084708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.850289, "energy": 95.55814, "activity_lines": [ 241.352565, 235.994916, 229.4226, 224.901897 ] }, { "date": "2025-08-22", "close": 250.437149, "volume": 2171, "typical_volume": 2566.45, "trend": 221.682299, "fair_value": 187.834318, "relative_strength": 10.473191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.732467, "energy": 95.476438, "activity_lines": [ 245.452189, 239.306809, 232.103566, 226.822052 ] }, { "date": "2025-08-29", "close": 245.581024, "volume": 3159, "typical_volume": 2442.1, "trend": 222.491653, "fair_value": 188.512672, "relative_strength": 11.746151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.462626, "energy": 88.52874, "activity_lines": [ 246.416806, 241.246554, 234.037001, 228.363905 ] }, { "date": "2025-09-05", "close": 249.198334, "volume": 1898, "typical_volume": 2412.55, "trend": 223.619793, "fair_value": 189.202822, "relative_strength": 13.387799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.796073, "energy": 89.560492, "activity_lines": [ 248.00578, 243.430456, 236.073598, 230.086917 ] }, { "date": "2025-09-12", "close": 254.549988, "volume": 1544, "typical_volume": 2357.9, "trend": 224.817306, "fair_value": 189.944427, "relative_strength": 13.156832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.456579, "energy": 82.357274, "activity_lines": [ 250.30831, 246.254035, 238.40751, 232.082414 ] }, { "date": "2025-09-19", "close": 254.748184, "volume": 3991, "typical_volume": 2482.5, "trend": 226.132092, "fair_value": 190.711432, "relative_strength": 12.478784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.462672, "energy": 70.705554, "activity_lines": [ 252.075671, 248.618126, 240.558077, 234.013438 ] }, { "date": "2025-09-26", "close": 256.680725, "volume": 3642, "typical_volume": 2649.2, "trend": 227.557545, "fair_value": 191.49156, "relative_strength": 12.634987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.607859, "energy": 71.759763, "activity_lines": [ 254.001601, 250.829057, 242.710532, 235.984318 ] }, { "date": "2025-10-03", "close": 256.581635, "volume": 2509, "typical_volume": 2634.35, "trend": 228.982999, "fair_value": 192.257701, "relative_strength": 9.418716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.730927, "energy": 69.119082, "activity_lines": [ 255.478262, 252.494916, 244.673275, 237.85684 ] }, { "date": "2025-10-10", "close": 253.955353, "volume": 1844, "typical_volume": 2664.35, "trend": 230.195377, "fair_value": 193.01203, "relative_strength": 10.256506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.840144, "energy": 65.086702, "activity_lines": [ 255.346122, 253.32469, 246.216473, 239.467959 ] }, { "date": "2025-10-17", "close": 259.7034, "volume": 4920, "typical_volume": 2867.35, "trend": 231.470522, "fair_value": 193.803205, "relative_strength": 8.935145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.716002, "energy": 67.753051, "activity_lines": [ 256.812863, 254.821165, 248.134852, 241.371703 ] }, { "date": "2025-10-24", "close": 265.811646, "volume": 1888, "typical_volume": 2672.4, "trend": 233.099583, "fair_value": 194.617122, "relative_strength": 10.45868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.41957, "energy": 72.21053, "activity_lines": [ 259.972126, 257.170559, 250.459883, 243.587259 ] }, { "date": "2025-10-31", "close": 270.456268, "volume": 6910, "typical_volume": 2994.1, "trend": 235.762191, "fair_value": 195.454197, "relative_strength": 13.478199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.334052, "energy": 73.937369, "activity_lines": [ 263.942031, 260.030836, 253.029695, 245.997368 ] }, { "date": "2025-11-07", "close": 266.541656, "volume": 3127, "typical_volume": 3087.75, "trend": 238.150281, "fair_value": 196.251236, "relative_strength": 13.915809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.784438, "energy": 86.644216, "activity_lines": [ 265.688696, 261.815382, 255.00323, 247.98314 ] }, { "date": "2025-11-14", "close": 273.776276, "volume": 3666, "typical_volume": 2907.95, "trend": 240.456113, "fair_value": 197.091465, "relative_strength": 13.528981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.026721, "energy": 92.987271, "activity_lines": [ 269.1829, 264.53421, 257.457657, 250.281591 ] }, { "date": "2025-11-21", "close": 267.284943, "volume": 5162, "typical_volume": 3115.25, "trend": 242.296155, "fair_value": 197.863748, "relative_strength": 13.138542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.686581, "energy": 70.96807, "activity_lines": [ 269.191931, 265.625925, 259.089517, 252.012483 ] }, { "date": "2025-11-28", "close": 274.519562, "volume": 4776, "typical_volume": 3252.35, "trend": 244.230346, "fair_value": 198.718174, "relative_strength": 13.863732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.403652, "energy": 70.309613, "activity_lines": [ 271.107066, 267.80148, 261.219967, 254.091413 ] }, { "date": "2025-12-05", "close": 274.172668, "volume": 1255, "typical_volume": 3160.9, "trend": 246.075341, "fair_value": 199.563083, "relative_strength": 13.486775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.049237, "energy": 68.316782, "activity_lines": [ 272.326042, 269.554484, 263.09109, 256.023175 ] }, { "date": "2025-12-12", "close": 276.600006, "volume": 1923, "typical_volume": 3151.3, "trend": 247.928572, "fair_value": 200.438131, "relative_strength": 14.777035, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.386931, "energy": 68.500437, "activity_lines": [ 274.10637, 271.430787, 264.972054, 257.992509 ] }, { "date": "2025-12-19", "close": 279.549988, "volume": 2236, "typical_volume": 3210.35, "trend": 249.987497, "fair_value": 201.351608, "relative_strength": 14.476656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.554499, "energy": 70.455569, "activity_lines": [ 276.199469, 273.479479, 266.944731, 260.0326 ] }, { "date": "2025-12-26", "close": 277.950012, "volume": 1051, "typical_volume": 3193.95, "trend": 251.82131, "fair_value": 202.2594, "relative_strength": 14.175693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.175684, "energy": 66.231014, "activity_lines": [ 277.374329, 274.77191, 268.544045, 261.836633 ] }, { "date": "2026-01-02", "close": 279.5, "volume": 1326, "typical_volume": 2949.9, "trend": 253.66054, "fair_value": 203.177128, "relative_strength": 13.225306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.785794, "energy": 67.425086, "activity_lines": [ 278.354846, 276.014401, 270.136603, 263.622355 ] }, { "date": "2026-01-09", "close": 293.549988, "volume": 4831, "typical_volume": 3082.9, "trend": 255.99453, "fair_value": 204.183808, "relative_strength": 16.062762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.408329, "energy": 81.806987, "activity_lines": [ 283.686664, 279.562556, 272.914703, 266.195868 ] }, { "date": "2026-01-16", "close": 297.600006, "volume": 3893, "typical_volume": 3119.6, "trend": 258.486646, "fair_value": 205.185687, "relative_strength": 18.50916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.535053, "energy": 94.458694, "activity_lines": [ 289.076666, 283.427191, 275.873219, 268.880092 ] }, { "date": "2026-01-23", "close": 292.75, "volume": 5266, "typical_volume": 3288.0, "trend": 260.549512, "fair_value": 206.13881, "relative_strength": 17.628859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.639162, "energy": 89.160435, "activity_lines": [ 291.45, 285.84531, 278.122121, 271.090631 ] }, { "date": "2026-01-30", "close": 291.450012, "volume": 1816, "typical_volume": 3301.6, "trend": 262.687971, "fair_value": 207.082241, "relative_strength": 16.754799, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.262211, "energy": 85.983229, "activity_lines": [ 292.510004, 287.682091, 280.039825, 273.084212 ] }, { "date": "2026-02-06", "close": 307.200012, "volume": 3861, "typical_volume": 3295.1, "trend": 265.36134, "fair_value": 208.127869, "relative_strength": 20.112272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.488882, "energy": 87.416521, "activity_lines": [ 297.920007, 291.943143, 283.281815, 275.955956 ] }, { "date": "2026-02-13", "close": 315.100006, "volume": 6146, "typical_volume": 3420.3, "trend": 268.274919, "fair_value": 209.22105, "relative_strength": 21.792316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.28069, "energy": 82.937607, "activity_lines": [ 304.116675, 297.046368, 287.026415, 279.164903 ] }, { "date": "2026-02-20", "close": 312.549988, "volume": 3548, "typical_volume": 3472.25, "trend": 270.797924, "fair_value": 210.298007, "relative_strength": 17.170487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.664527, "energy": 87.164467, "activity_lines": [ 308.026668, 300.94182, 290.249969, 282.021359 ] }, { "date": "2026-02-27", "close": 320.450012, "volume": 5389, "typical_volume": 3649.5, "trend": 273.708144, "fair_value": 211.406457, "relative_strength": 18.420668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.664162, "energy": 93.923901, "activity_lines": [ 313.573338, 305.620004, 293.95939, 285.224719 ] }, { "date": "2026-03-06", "close": 294.25, "volume": 6627, "typical_volume": 3734.85, "trend": 275.332095, "fair_value": 212.344858, "relative_strength": 15.98597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.00319, "energy": 65.910156, "activity_lines": [ 308.540002, 304.790912, 294.856931, 286.55 ] }, { "date": "2026-03-13", "close": 294.450012, "volume": 4648, "typical_volume": 3872.85, "trend": 276.898295, "fair_value": 213.330251, "relative_strength": 16.552802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.606007, "energy": 48.31839, "activity_lines": [ 303.386672, 303.701823, 295.609013, 287.783414 ] }, { "date": "2026-03-20", "close": 289.0, "volume": 3647, "typical_volume": 3709.7, "trend": 278.183723, "fair_value": 214.274285, "relative_strength": 17.346726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.623602, "energy": 26.74211, "activity_lines": [ 297.266671, 301.350004, 295.705673, 288.564169 ] }, { "date": "2026-03-27", "close": 290.549988, "volume": 2724, "typical_volume": 3689.55, "trend": 279.682689, "fair_value": 215.18279, "relative_strength": 16.698768, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.381505, "energy": 30.482409, "activity_lines": [ 293.403333, 299.362729, 295.861647, 289.361993 ] }, { "date": "2026-04-03", "close": 301.049988, "volume": 1504, "typical_volume": 3581.45, "trend": 281.411077, "fair_value": 216.184795, "relative_strength": 16.158599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.564199, "energy": 25.766777, "activity_lines": [ 294.506661, 299.412726, 296.903296, 290.740528 ] }, { "date": "2026-04-10", "close": 309.75, "volume": 2954, "typical_volume": 3471.05, "trend": 283.251078, "fair_value": 217.216254, "relative_strength": 14.533461, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.049213, "energy": 24.985002, "activity_lines": [ 299.803329, 300.893635, 298.643643, 292.568846 ] }, { "date": "2026-04-17", "close": 315.700012, "volume": 1199, "typical_volume": 3292.2, "trend": 285.282805, "fair_value": 218.2798, "relative_strength": 13.812434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.580214, "energy": 44.501882, "activity_lines": [ 306.05, 303.123637, 300.748443, 294.662325 ] }, { "date": "2026-04-24", "close": 304.5, "volume": 3066, "typical_volume": 3382.75, "trend": 286.876781, "fair_value": 219.256727, "relative_strength": 12.766814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.994751, "energy": 41.734246, "activity_lines": [ 307.146667, 303.162727, 301.590477, 295.902144 ] }, { "date": "2026-05-01", "close": 306.0, "volume": 753, "typical_volume": 3324.25, "trend": 288.52406, "fair_value": 220.242651, "relative_strength": 13.274444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.395088, "energy": 45.135184, "activity_lines": [ 307.710002, 303.667273, 302.430954, 297.135901 ] }, { "date": "2026-05-08", "close": 316.950012, "volume": 3895, "typical_volume": 3407.2, "trend": 290.623882, "fair_value": 221.278754, "relative_strength": 16.632322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.704369, "energy": 56.475374, "activity_lines": [ 310.893339, 306.28182, 304.174288, 298.969833 ] }, { "date": "2026-05-15", "close": 319.899994, "volume": 2157, "typical_volume": 3462.5, "trend": 292.630435, "fair_value": 222.311282, "relative_strength": 19.251079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.623602, "energy": 53.511633, "activity_lines": [ 314.000002, 309.496365, 306.020478, 300.858614 ] }, { "date": "2026-05-22", "close": 321.299988, "volume": 6880, "typical_volume": 3740.2, "trend": 294.480047, "fair_value": 223.343519, "relative_strength": 16.604479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.617254, "energy": 59.577756, "activity_lines": [ 316.896663, 312.499089, 307.800238, 302.708263 ] }, { "date": "2026-05-29", "close": 325.200012, "volume": 2491, "typical_volume": 3623.2, "trend": 296.304838, "fair_value": 224.380495, "relative_strength": 16.321626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.518906, "energy": 71.030889, "activity_lines": [ 320.720001, 315.722728, 309.752382, 304.690196 ] }, { "date": "2026-06-05", "close": 325.0, "volume": 508, "typical_volume": 3453.95, "trend": 298.253449, "fair_value": 225.40717, "relative_strength": 15.056621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.435155, "energy": 76.733282, "activity_lines": [ 323.096667, 318.251819, 311.534763, 306.541497 ] }, { "date": "2026-06-12", "close": 324.600006, "volume": 500, "typical_volume": 3215.65, "trend": 299.947574, "fair_value": 226.392736, "relative_strength": 12.474309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.701542, "energy": 75.392427, "activity_lines": [ 324.073336, 320.08182, 313.148573, 308.241275 ] }, { "date": "2026-06-19", "close": 336.799988, "volume": 595, "typical_volume": 3154.6, "trend": 302.264742, "fair_value": 227.481216, "relative_strength": 15.04703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.292206, "energy": 86.113825, "activity_lines": [ 328.606665, 323.701818, 315.772619, 310.61885 ] }, { "date": "2026-06-26", "close": 329.950012, "volume": 281, "typical_volume": 2975.6, "trend": 304.112424, "fair_value": 228.502065, "relative_strength": 12.613126, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.724872, "energy": 78.579782, "activity_lines": [ 329.730003, 325.584547, 317.528334, 312.404996 ] }, { "date": "2026-07-03", "close": 335.899994, "volume": 1019, "typical_volume": 2719.25, "trend": 306.170001, "fair_value": 229.582922, "relative_strength": 12.368661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.320924, "energy": 85.254655, "activity_lines": [ 332.26, 328.29, 319.742381, 314.455807 ] }, { "date": "2026-07-10", "close": 336.049988, "volume": 10181, "typical_volume": 3050.9, "trend": 308.151667, "fair_value": 230.674254, "relative_strength": 13.993133, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.030177, "energy": 84.60252, "activity_lines": [ 334.126662, 330.451816, 321.871666, 316.383548 ] }, { "date": "2026-07-17", "close": 324.950012, "volume": 15061, "typical_volume": 3534.5, "trend": 309.665001, "fair_value": 231.670341, "relative_strength": 9.641797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.977158, "energy": 54.636842, "activity_lines": [ 331.556667, 330.049091, 322.831905, 317.467313 ] }, { "date": "2026-07-24", "close": 334.649994, "volume": 2297, "typical_volume": 3318.0, "trend": 311.555001, "fair_value": 232.712546, "relative_strength": 11.873769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.678861, "energy": 55.690463, "activity_lines": [ 332.196665, 331.264545, 324.694524, 319.079248 ] }, { "date": "2026-07-31", "close": 326.600006, "volume": 1934, "typical_volume": 3182.3, "trend": 313.125001, "fair_value": 233.724276, "relative_strength": 6.989271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.779647, "energy": 38.382814, "activity_lines": [ 330.296667, 330.748182, 325.598096, 320.049893 ] }, { "date": "2026-08-07", "close": 338.399994, "volume": 1380, "typical_volume": 3068.95, "trend": 314.620001, "fair_value": 234.797315, "relative_strength": 7.831888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.56947, "energy": 46.046198, "activity_lines": [ 332.553333, 332.280908, 327.472381, 321.680538 ] } ], "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." } } }