{ "ticker": { "uuid": "fc560968-2c0c-4af0-a607-a87e5283f8dd", "symbol": "SRIE", "name": "BNP Paribas Easy MSCI Europe SRI PAB UCITS ETF Distribution", "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": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 87.197, "architecture_energy": 79.049, "architecture_maturity": 34.507, "architecture_confidence": 92.045, "architecture_tenure": "Developing", "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": 7.01, "rotation_up": 64.33, "upward_expansion": 88.53, "deceleration": 51.85, "rotation_down": 24.97, "downward_expansion": 15.19 }, "activity_lines": [ 33.469767, 33.265664, 32.577357, 32.055826 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 34.018101, "trend_reference": 31.537689, "distance_from_trend": 0.078649, "trend_direction": "Improving", "fair_value": 27.745793, "distance_from_fair_value": 0.226063, "fair_value_direction": "Improving", "relative_strength": 4.229835, "relative_strength_direction": "Improving", "price_momentum": 0.094713, "excess_performance": 0.041401, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.078649, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.039356, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.226063, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.071194, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.042298, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.000639, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.094713, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 7.927579, "read": "Demand-led" } ], "volume": { "latest": 4373, "relative_activity": 0.772949, "balance": 7.927579, "dry_up": 0.304549, "accumulation_observations": 3, "distribution_observations": 0 }, "risk": { "range_context": 0.015079, "annualized_volatility": 0.159822, "from_high_reference": -0.000585, "from_low_reference": 0.219626 }, "levels": { "trend_reference": 31.537689, "fair_value_reference": 27.745793, "structural_low": 28.069349, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.000819, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": 0.000205, "regime_survival": 0.694444, "best_return": 0.064775, "worst_return": -0.098191, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.006625, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": 0.002555, "regime_survival": 0.5, "best_return": 0.056114, "worst_return": -0.083557, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.053043, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.023457, "regime_survival": 0.5, "best_return": 0.088073, "worst_return": -0.148806, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.095977, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.050265, "regime_survival": 0.5, "best_return": 0.122417, "worst_return": -0.073838, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-29", "end": "2024-12-06", "tenure": "New", "return": 0.016294, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-01-31", "tenure": "Developing", "return": 0.034188, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": -0.004474, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-05-02", "tenure": "Developing", "return": 0.084921, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": 0.015967, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": -0.017971, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-11", "end": "2025-10-10", "tenure": "Established", "return": 0.028614, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": 0.000247, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": 0.008722, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-13", "tenure": "Developing", "return": 0.014522, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-03", "tenure": "New", "return": 0.037426, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-10", "end": "2026-05-29", "tenure": "Developing", "return": 0.027663, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.07359, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.078722, "volume": 15409, "typical_volume": 16657.4, "trend": 23.33238, "fair_value": 22.103177, "relative_strength": -0.447002, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.214552, "energy": 3.532225, "activity_lines": [ 23.52786, 23.598391, 23.630223, 23.513722 ] }, { "date": "2023-08-25", "close": 23.237526, "volume": 5968, "typical_volume": 15733.45, "trend": 23.35047, "fair_value": 22.133896, "relative_strength": -0.529562, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.525769, "energy": 14.45661, "activity_lines": [ 23.379198, 23.527556, 23.594476, 23.507602 ] }, { "date": "2023-09-01", "close": 23.608372, "volume": 13920, "typical_volume": 15391.8, "trend": 23.3666, "fair_value": 22.169402, "relative_strength": 0.235196, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.007865, "energy": 16.738078, "activity_lines": [ 23.3995, 23.538437, 23.593606, 23.524241 ] }, { "date": "2023-09-08", "close": 23.299271, "volume": 6124, "typical_volume": 14584.35, "trend": 23.385029, "fair_value": 22.200925, "relative_strength": -0.1948, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.982421, "energy": 18.2987, "activity_lines": [ 23.358415, 23.486616, 23.562598, 23.519897 ] }, { "date": "2023-09-15", "close": 23.63426, "volume": 30300, "typical_volume": 15809.85, "trend": 23.401888, "fair_value": 22.234331, "relative_strength": -0.548476, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.889906, "energy": 10.243219, "activity_lines": [ 23.449818, 23.503345, 23.565512, 23.535977 ] }, { "date": "2023-09-22", "close": 23.159861, "volume": 5377, "typical_volume": 15633.8, "trend": 23.412965, "fair_value": 22.268426, "relative_strength": 0.177089, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.854014, "energy": 10.407036, "activity_lines": [ 23.379229, 23.423687, 23.523298, 23.520362 ] }, { "date": "2023-09-29", "close": 22.95038, "volume": 10921, "typical_volume": 15386.9, "trend": 23.407348, "fair_value": 22.298058, "relative_strength": 0.036918, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.316024, "energy": 27.473461, "activity_lines": [ 23.233403, 23.317268, 23.463386, 23.490518 ] }, { "date": "2023-10-06", "close": 22.679335, "volume": 7220, "typical_volume": 15264.4, "trend": 23.408413, "fair_value": 22.323683, "relative_strength": -0.046185, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.25578, "energy": 47.203466, "activity_lines": [ 23.016371, 23.179156, 23.381027, 23.443549 ] }, { "date": "2023-10-13", "close": 22.726171, "volume": 36092, "typical_volume": 16669.3, "trend": 23.431487, "fair_value": 22.350181, "relative_strength": 0.981744, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.059118, "energy": 66.854908, "activity_lines": [ 22.876888, 23.07781, 23.307846, 23.399534 ] }, { "date": "2023-10-20", "close": 21.919256, "volume": 51594, "typical_volume": 17591.35, "trend": 23.418401, "fair_value": 22.373656, "relative_strength": 0.088508, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.061617, "energy": 80.741767, "activity_lines": [ 22.506639, 22.845852, 23.160017, 23.30197 ] }, { "date": "2023-10-27", "close": 21.864737, "volume": 3983, "typical_volume": 16549.6, "trend": 23.377888, "fair_value": 22.403816, "relative_strength": 0.157591, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.955685, "energy": 85.608423, "activity_lines": [ 22.232551, 22.634111, 23.017044, 23.201734 ] }, { "date": "2023-11-03", "close": 22.84692, "volume": 3790, "typical_volume": 14788.65, "trend": 23.367953, "fair_value": 22.432801, "relative_strength": 0.87684, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.918966, "energy": 71.074991, "activity_lines": [ 22.3722, 22.62302, 22.976987, 23.167478 ] }, { "date": "2023-11-10", "close": 22.844816, "volume": 94447, "typical_volume": 18959.05, "trend": 23.347406, "fair_value": 22.456439, "relative_strength": 0.925061, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.13459, "energy": 51.105605, "activity_lines": [ 22.518044, 22.61865, 22.942332, 23.133727 ] }, { "date": "2023-11-17", "close": 23.513418, "volume": 63130, "typical_volume": 19549.2, "trend": 23.340417, "fair_value": 22.483976, "relative_strength": 1.172038, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.901628, "energy": 14.960054, "activity_lines": [ 22.875723, 22.749725, 22.973287, 23.144438 ] }, { "date": "2023-11-24", "close": 23.657585, "volume": 8812, "typical_volume": 19415.2, "trend": 23.340818, "fair_value": 22.51178, "relative_strength": 0.995769, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.36391, "energy": 21.19688, "activity_lines": [ 23.228975, 22.90312, 23.018954, 23.1649 ] }, { "date": "2023-12-01", "close": 24.060083, "volume": 11349, "typical_volume": 19929.85, "trend": 23.35506, "fair_value": 22.541803, "relative_strength": 1.969412, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 35.413503, "energy": 39.43125, "activity_lines": [ 23.600504, 23.129272, 23.100189, 23.211304 ] }, { "date": "2023-12-08", "close": 24.50841, "volume": 5476, "typical_volume": 19970.1, "trend": 23.383426, "fair_value": 22.57615, "relative_strength": 1.394225, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.138372, "energy": 60.225706, "activity_lines": [ 23.975119, 23.42057, 23.222802, 23.285714 ] }, { "date": "2023-12-15", "close": 24.910814, "volume": 114886, "typical_volume": 24979.55, "trend": 23.424787, "fair_value": 22.609901, "relative_strength": 2.096205, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.552132, "energy": 76.70716, "activity_lines": [ 24.373103, 23.756705, 23.380926, 23.384255 ] }, { "date": "2023-12-22", "close": 24.884562, "volume": 49128, "typical_volume": 27020.75, "trend": 23.481332, "fair_value": 22.643561, "relative_strength": 2.347105, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.37064, "energy": 81.734111, "activity_lines": [ 24.624603, 24.047494, 23.533323, 23.478434 ] }, { "date": "2023-12-29", "close": 24.930849, "volume": 8340, "typical_volume": 27313.3, "trend": 23.511373, "fair_value": 22.676908, "relative_strength": 2.851078, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.49, "energy": 90.452648, "activity_lines": [ 24.800123, 24.307455, 23.684066, 23.571951 ] }, { "date": "2024-01-05", "close": 24.663551, "volume": 6454, "typical_volume": 26865.55, "trend": 23.539044, "fair_value": 22.704809, "relative_strength": 3.365678, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.723225, "energy": 86.74258, "activity_lines": [ 24.801658, 24.464061, 23.802903, 23.646286 ] }, { "date": "2024-01-12", "close": 24.859222, "volume": 11549, "typical_volume": 27144.6, "trend": 23.566905, "fair_value": 22.73556, "relative_strength": 3.4884, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.875459, "energy": 83.630804, "activity_lines": [ 24.828187, 24.605356, 23.932828, 23.731458 ] }, { "date": "2024-01-19", "close": 24.47191, "volume": 6086, "typical_volume": 26752.9, "trend": 23.607609, "fair_value": 22.762731, "relative_strength": 3.104436, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.392675, "energy": 60.774972, "activity_lines": [ 24.702223, 24.639643, 24.018143, 23.789846 ] }, { "date": "2024-01-26", "close": 25.264645, "volume": 32251, "typical_volume": 28059.25, "trend": 23.65911, "fair_value": 22.798508, "relative_strength": 2.715738, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.340633, "energy": 64.613179, "activity_lines": [ 24.869765, 24.78848, 24.174846, 23.896751 ] }, { "date": "2024-02-02", "close": 25.057909, "volume": 29412, "typical_volume": 28014.85, "trend": 23.725141, "fair_value": 22.828169, "relative_strength": 2.373777, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.031391, "energy": 64.141825, "activity_lines": [ 24.943057, 24.867889, 24.3025, 23.986996 ] }, { "date": "2024-02-09", "close": 25.056995, "volume": 39082, "typical_volume": 29700.1, "trend": 23.767614, "fair_value": 22.855857, "relative_strength": 1.578139, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.352737, "energy": 62.827681, "activity_lines": [ 25.007573, 24.92167, 24.423288, 24.072922 ] }, { "date": "2024-02-16", "close": 25.455742, "volume": 37037, "typical_volume": 31005.9, "trend": 23.81888, "fair_value": 22.887126, "relative_strength": 1.513529, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.838329, "energy": 86.297183, "activity_lines": [ 25.178774, 25.029826, 24.573018, 24.181834 ] }, { "date": "2024-02-23", "close": 25.757431, "volume": 13265, "typical_volume": 31308.15, "trend": 23.869692, "fair_value": 22.923941, "relative_strength": 0.123281, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.616631, "energy": 90.687843, "activity_lines": [ 25.410771, 25.17561, 24.73955, 24.306902 ] }, { "date": "2024-03-01", "close": 25.661289, "volume": 7025, "typical_volume": 29854.8, "trend": 23.938013, "fair_value": 22.960097, "relative_strength": 0.105798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.580877, "energy": 87.789207, "activity_lines": [ 25.52502, 25.28852, 24.882268, 24.422489 ] }, { "date": "2024-03-08", "close": 25.949896, "volume": 18639, "typical_volume": 28207.05, "trend": 24.017131, "fair_value": 22.993378, "relative_strength": -0.008746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.987943, "energy": 92.055445, "activity_lines": [ 25.709027, 25.439782, 25.038495, 24.552288 ] }, { "date": "2024-03-15", "close": 25.861624, "volume": 218575, "typical_volume": 38936.65, "trend": 24.109895, "fair_value": 23.025888, "relative_strength": -2.004847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.356986, "energy": 87.311452, "activity_lines": [ 25.804145, 25.556467, 25.167122, 24.671287 ] }, { "date": "2024-03-22", "close": 26.143646, "volume": 14513, "typical_volume": 39472.8, "trend": 24.206765, "fair_value": 23.058781, "relative_strength": -0.800797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.858136, "energy": 83.780893, "activity_lines": [ 25.939628, 25.702645, 25.303576, 24.802497 ] }, { "date": "2024-03-29", "close": 26.183346, "volume": 20973, "typical_volume": 35799.1, "trend": 24.292598, "fair_value": 23.089637, "relative_strength": -1.325411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.158483, "energy": 73.971249, "activity_lines": [ 26.042484, 25.832688, 25.428112, 24.930018 ] }, { "date": "2024-04-05", "close": 25.713247, "volume": 10898, "typical_volume": 33187.5, "trend": 24.373064, "fair_value": 23.115542, "relative_strength": -1.377559, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.568072, "energy": 64.620283, "activity_lines": [ 25.960247, 25.846142, 25.491978, 25.021673 ] }, { "date": "2024-04-12", "close": 25.687178, "volume": 7413, "typical_volume": 33117.55, "trend": 24.441494, "fair_value": 23.139803, "relative_strength": -0.907706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.297515, "energy": 57.80164, "activity_lines": [ 25.865855, 25.846699, 25.542887, 25.106454 ] }, { "date": "2024-04-19", "close": 25.492811, "volume": 22757, "typical_volume": 33687.95, "trend": 24.519259, "fair_value": 23.162779, "relative_strength": -1.826746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.784159, "energy": 40.783043, "activity_lines": [ 25.72419, 25.800476, 25.56562, 25.174281 ] }, { "date": "2024-04-26", "close": 25.82007, "volume": 12153, "typical_volume": 34021.8, "trend": 24.614916, "fair_value": 23.188865, "relative_strength": -1.396831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.141541, "energy": 32.642594, "activity_lines": [ 25.716198, 25.80583, 25.612697, 25.258205 ] }, { "date": "2024-05-03", "close": 26.018141, "volume": 4042, "typical_volume": 28479.6, "trend": 24.726209, "fair_value": 23.213647, "relative_strength": 0.937106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.446353, "energy": 38.260863, "activity_lines": [ 25.795801, 25.840573, 25.672393, 25.348735 ] }, { "date": "2024-05-10", "close": 26.874029, "volume": 7310, "typical_volume": 26388.7, "trend": 24.864471, "fair_value": 23.244719, "relative_strength": 0.89217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 86.671135, "energy": 61.531784, "activity_lines": [ 26.171715, 26.026192, 25.808329, 25.487304 ] }, { "date": "2024-05-17", "close": 27.099184, "volume": 46879, "typical_volume": 28315.65, "trend": 25.037135, "fair_value": 23.276402, "relative_strength": 2.284475, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.684352, "energy": 91.346406, "activity_lines": [ 26.545294, 26.230698, 25.956234, 25.631479 ] }, { "date": "2024-05-24", "close": 27.010481, "volume": 4724, "typical_volume": 28229.15, "trend": 25.20866, "fair_value": 23.306964, "relative_strength": 2.760439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.036945, "energy": 91.633332, "activity_lines": [ 26.795172, 26.398181, 26.085366, 25.758792 ] }, { "date": "2024-05-31", "close": 26.937632, "volume": 3677, "typical_volume": 27835.55, "trend": 25.345017, "fair_value": 23.336201, "relative_strength": 3.75233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.22935, "energy": 88.464659, "activity_lines": [ 26.919589, 26.53153, 26.196385, 25.870339 ] }, { "date": "2024-06-07", "close": 27.221857, "volume": 10923, "typical_volume": 28077.4, "trend": 25.490919, "fair_value": 23.365103, "relative_strength": 4.669434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.89444, "energy": 90.308608, "activity_lines": [ 27.064244, 26.70212, 26.324575, 25.991425 ] }, { "date": "2024-06-14", "close": 26.669447, "volume": 15003, "typical_volume": 27215.0, "trend": 25.59612, "fair_value": 23.391245, "relative_strength": 9.16298, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.984068, "energy": 61.385183, "activity_lines": [ 26.944514, 26.75339, 26.38706, 26.067459 ] }, { "date": "2024-06-21", "close": 26.742014, "volume": 9887, "typical_volume": 26238.75, "trend": 25.698934, "fair_value": 23.415843, "relative_strength": 7.497212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.330667, "energy": 53.185548, "activity_lines": [ 26.862612, 26.800468, 26.449766, 26.141388 ] }, { "date": "2024-06-28", "close": 26.510818, "volume": 4131, "typical_volume": 24491.2, "trend": 25.780625, "fair_value": 23.438556, "relative_strength": 8.476276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.439139, "energy": 38.096078, "activity_lines": [ 26.727456, 26.786332, 26.482434, 26.193767 ] }, { "date": "2024-07-05", "close": 26.745691, "volume": 4470, "typical_volume": 22862.85, "trend": 25.855201, "fair_value": 23.462008, "relative_strength": 6.489463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.16233, "energy": 28.848949, "activity_lines": [ 26.703901, 26.796391, 26.530548, 26.25603 ] }, { "date": "2024-07-12", "close": 27.196096, "volume": 1367, "typical_volume": 22267.95, "trend": 25.931377, "fair_value": 23.488583, "relative_strength": 7.413319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.599473, "energy": 38.834785, "activity_lines": [ 26.843278, 26.871512, 26.615415, 26.342539 ] }, { "date": "2024-07-19", "close": 26.472225, "volume": 49097, "typical_volume": 24371.55, "trend": 25.984299, "fair_value": 23.507807, "relative_strength": 7.002566, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.964857, "energy": 25.523109, "activity_lines": [ 26.743082, 26.793603, 26.624491, 26.377432 ] }, { "date": "2024-07-26", "close": 26.77202, "volume": 5236, "typical_volume": 23701.4, "trend": 26.045672, "fair_value": 23.528875, "relative_strength": 8.2539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.894919, "energy": 26.431857, "activity_lines": [ 26.755966, 26.777507, 26.658258, 26.428253 ] }, { "date": "2024-08-02", "close": 26.206493, "volume": 7556, "typical_volume": 13150.45, "trend": 26.097103, "fair_value": 23.54238, "relative_strength": 9.605043, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.816213, "energy": 11.137481, "activity_lines": [ 26.57834, 26.664537, 26.63425, 26.438629 ] }, { "date": "2024-08-09", "close": 26.161386, "volume": 62802, "typical_volume": 15564.9, "trend": 26.140508, "fair_value": 23.553618, "relative_strength": 8.901181, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.285185, "energy": 12.381257, "activity_lines": [ 26.405967, 26.557984, 26.604304, 26.442776 ] }, { "date": "2024-08-16", "close": 26.78561, "volume": 111424, "typical_volume": 20087.45, "trend": 26.217632, "fair_value": 23.569605, "relative_strength": 8.569347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.243175, "energy": 14.730917, "activity_lines": [ 26.480623, 26.57904, 26.633723, 26.484396 ] }, { "date": "2024-08-23", "close": 27.249788, "volume": 60807, "typical_volume": 22582.9, "trend": 26.283803, "fair_value": 23.588153, "relative_strength": 8.354106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.877216, "energy": 20.880034, "activity_lines": [ 26.73737, 26.692423, 26.704481, 26.550986 ] }, { "date": "2024-08-30", "close": 27.590729, "volume": 8959, "typical_volume": 22660.2, "trend": 26.368231, "fair_value": 23.608998, "relative_strength": 8.695306, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 69.885017, "energy": 55.77316, "activity_lines": [ 27.055926, 26.857244, 26.800394, 26.635304 ] }, { "date": "2024-09-06", "close": 26.944897, "volume": 4179, "typical_volume": 21731.3, "trend": 26.431161, "fair_value": 23.627012, "relative_strength": 9.890106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.163124, "energy": 54.386936, "activity_lines": [ 27.104625, 26.88921, 26.825734, 26.672508 ] }, { "date": "2024-09-13", "close": 27.404737, "volume": 11184, "typical_volume": 21682.85, "trend": 26.496127, "fair_value": 23.649171, "relative_strength": 9.778212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.433599, "energy": 65.90635, "activity_lines": [ 27.257376, 26.99689, 26.887954, 26.73532 ] }, { "date": "2024-09-20", "close": 27.290838, "volume": 66434, "typical_volume": 24802.45, "trend": 26.547241, "fair_value": 23.670235, "relative_strength": 8.552459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.982451, "energy": 60.722651, "activity_lines": [ 27.289272, 27.071879, 26.93178, 26.786591 ] }, { "date": "2024-09-27", "close": 28.205137, "volume": 7535, "typical_volume": 24813.7, "trend": 26.632036, "fair_value": 23.702181, "relative_strength": 7.742337, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.278653, "energy": 68.515373, "activity_lines": [ 27.592251, 27.311382, 27.056621, 26.893552 ] }, { "date": "2024-10-04", "close": 27.686699, "volume": 4081, "typical_volume": 22673.8, "trend": 26.689929, "fair_value": 23.730919, "relative_strength": 8.987676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.576151, "energy": 61.478913, "activity_lines": [ 27.658729, 27.425116, 27.12575, 26.961595 ] }, { "date": "2024-10-11", "close": 27.753981, "volume": 27474, "typical_volume": 23811.3, "trend": 26.753008, "fair_value": 23.756062, "relative_strength": 8.467313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.474937, "energy": 58.743029, "activity_lines": [ 27.741235, 27.534452, 27.198488, 27.030244 ] }, { "date": "2024-10-18", "close": 27.893545, "volume": 29119, "typical_volume": 25083.4, "trend": 26.811338, "fair_value": 23.780608, "relative_strength": 8.233037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.732137, "energy": 65.987832, "activity_lines": [ 27.816324, 27.641027, 27.280977, 27.103827 ] }, { "date": "2024-10-25", "close": 27.295086, "volume": 16966, "typical_volume": 25385.55, "trend": 26.848396, "fair_value": 23.798458, "relative_strength": 7.284812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.698622, "energy": 38.318244, "activity_lines": [ 27.659339, 27.607298, 27.301919, 27.135036 ] }, { "date": "2024-11-01", "close": 26.860346, "volume": 14311, "typical_volume": 25350.95, "trend": 26.886632, "fair_value": 23.810851, "relative_strength": 6.604457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.816729, "energy": 15.750807, "activity_lines": [ 27.357158, 27.485262, 27.281108, 27.135807 ] }, { "date": "2024-11-08", "close": 26.738993, "volume": 9552, "typical_volume": 25334.2, "trend": 26.921693, "fair_value": 23.821015, "relative_strength": 6.8991, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.600779, "energy": 16.566037, "activity_lines": [ 27.104179, 27.348243, 27.24783, 27.126282 ] }, { "date": "2024-11-15", "close": 26.500818, "volume": 2347, "typical_volume": 25245.0, "trend": 26.955293, "fair_value": 23.828881, "relative_strength": 6.715277, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -27.67737, "energy": 32.689856, "activity_lines": [ 26.834988, 27.183405, 27.191884, 27.099129 ] }, { "date": "2024-11-22", "close": 26.535355, "volume": 8687, "typical_volume": 25455.85, "trend": 26.979136, "fair_value": 23.844761, "relative_strength": 6.820987, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -26.824841, "energy": 37.403244, "activity_lines": [ 26.660854, 27.032921, 27.139274, 27.072036 ] }, { "date": "2024-11-29", "close": 26.97632, "volume": 10616, "typical_volume": 25918.3, "trend": 27.011075, "fair_value": 23.864151, "relative_strength": 8.618272, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.673857, "energy": 37.050956, "activity_lines": [ 26.724254, 26.978419, 27.129663, 27.071855 ] }, { "date": "2024-12-06", "close": 27.415873, "volume": 4281, "typical_volume": 23677.5, "trend": 27.029137, "fair_value": 23.881805, "relative_strength": 7.276225, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -1.733885, "energy": 12.619708, "activity_lines": [ 26.955423, 27.009555, 27.16296, 27.097971 ] }, { "date": "2024-12-13", "close": 27.226198, "volume": 5374, "typical_volume": 23684.4, "trend": 27.03337, "fair_value": 23.898143, "relative_strength": 6.547486, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.643747, "energy": 6.646777, "activity_lines": [ 27.086331, 27.020554, 27.1737, 27.110684 ] }, { "date": "2024-12-20", "close": 26.652744, "volume": 19592, "typical_volume": 24286.2, "trend": 27.021446, "fair_value": 23.908131, "relative_strength": 6.01793, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -7.65727, "energy": 9.293259, "activity_lines": [ 26.993608, 26.935662, 27.127662, 27.086128 ] }, { "date": "2024-12-27", "close": 26.868462, "volume": 15875, "typical_volume": 21939.85, "trend": 27.01914, "fair_value": 23.917507, "relative_strength": 5.496454, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.22491, "energy": 6.211905, "activity_lines": [ 26.962663, 26.910013, 27.100044, 27.076258 ] }, { "date": "2025-01-03", "close": 26.866764, "volume": 3204, "typical_volume": 16528.85, "trend": 27.007304, "fair_value": 23.928701, "relative_strength": 6.333437, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.503207, "energy": 8.716232, "activity_lines": [ 26.908945, 26.902694, 27.068897, 27.066427 ] }, { "date": "2025-01-10", "close": 26.763622, "volume": 12046, "typical_volume": 14090.8, "trend": 27.010443, "fair_value": 23.94247, "relative_strength": 3.647875, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -26.453016, "energy": 30.758864, "activity_lines": [ 26.828149, 26.88441, 27.02754, 27.050706 ] }, { "date": "2025-01-17", "close": 27.467678, "volume": 205485, "typical_volume": 23917.1, "trend": 27.034632, "fair_value": 23.962434, "relative_strength": 2.391322, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.885943, "energy": 5.836155, "activity_lines": [ 27.025523, 26.995894, 27.055552, 27.080205 ] }, { "date": "2025-01-24", "close": 27.682074, "volume": 15915, "typical_volume": 24503.9, "trend": 27.073673, "fair_value": 23.987029, "relative_strength": 0.253524, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 49.327328, "energy": 29.107011, "activity_lines": [ 27.278263, 27.13311, 27.104568, 27.121975 ] }, { "date": "2025-01-31", "close": 28.157011, "volume": 7525, "typical_volume": 24320.95, "trend": 27.120718, "fair_value": 24.016606, "relative_strength": 1.549066, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 76.028294, "energy": 69.684693, "activity_lines": [ 27.620693, 27.335202, 27.195306, 27.191868 ] }, { "date": "2025-02-07", "close": 28.138422, "volume": 50387, "typical_volume": 23518.6, "trend": 27.152128, "fair_value": 24.044348, "relative_strength": 1.050252, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.651402, "energy": 78.186061, "activity_lines": [ 27.871024, 27.504428, 27.280691, 27.257526 ] }, { "date": "2025-02-14", "close": 28.724426, "volume": 5460, "typical_volume": 23414.85, "trend": 27.227202, "fair_value": 24.077894, "relative_strength": 0.432537, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.58535, "energy": 90.36672, "activity_lines": [ 28.231912, 27.759072, 27.41785, 27.358965 ] }, { "date": "2025-02-21", "close": 28.503613, "volume": 133490, "typical_volume": 29885.3, "trend": 27.284921, "fair_value": 24.112777, "relative_strength": -0.189798, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.395226, "energy": 87.038423, "activity_lines": [ 28.388475, 27.949776, 27.531506, 27.441314 ] }, { "date": "2025-02-28", "close": 28.430479, "volume": 6493, "typical_volume": 28836.25, "trend": 27.359054, "fair_value": 24.156345, "relative_strength": -0.068131, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.182584, "energy": 84.349824, "activity_lines": [ 28.451599, 28.103958, 27.634308, 27.515221 ] }, { "date": "2025-03-07", "close": 28.106716, "volume": 78078, "typical_volume": 31284.2, "trend": 27.423899, "fair_value": 24.195894, "relative_strength": -1.441268, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.530562, "energy": 71.901797, "activity_lines": [ 28.356907, 28.166951, 27.703053, 27.563457 ] }, { "date": "2025-03-14", "close": 27.786253, "volume": 7242, "typical_volume": 30798.0, "trend": 27.457253, "fair_value": 24.224891, "relative_strength": -1.600245, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.598065, "energy": 42.019346, "activity_lines": [ 28.158748, 28.149164, 27.740263, 27.586835 ] }, { "date": "2025-03-21", "close": 28.012539, "volume": 1826, "typical_volume": 30173.75, "trend": 27.482679, "fair_value": 24.257213, "relative_strength": -1.128937, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.190069, "energy": 30.023716, "activity_lines": [ 28.059495, 28.155802, 27.796684, 27.62266 ] }, { "date": "2025-03-28", "close": 27.724823, "volume": 2373, "typical_volume": 29814.8, "trend": 27.487148, "fair_value": 24.285306, "relative_strength": -0.744913, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.133781, "energy": 24.286991, "activity_lines": [ 27.911796, 28.08742, 27.820218, 27.638282 ] }, { "date": "2025-04-04", "close": 25.953596, "volume": 1662, "typical_volume": 29780.55, "trend": 27.454105, "fair_value": 24.30117, "relative_strength": 0.894701, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -33.040396, "energy": 35.686037, "activity_lines": [ 27.225607, 27.692322, 27.670369, 27.539343 ] }, { "date": "2025-04-11", "close": 25.609354, "volume": 8352, "typical_volume": 29763.8, "trend": 27.394259, "fair_value": 24.315226, "relative_strength": 1.72054, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.310038, "energy": 57.997425, "activity_lines": [ 26.589797, 27.266062, 27.490341, 27.420327 ] }, { "date": "2025-04-18", "close": 26.585747, "volume": 7463, "typical_volume": 29606.15, "trend": 27.370756, "fair_value": 24.337292, "relative_strength": 2.711874, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.186691, "energy": 58.253294, "activity_lines": [ 26.445942, 27.063648, 27.407713, 27.368165 ] }, { "date": "2025-04-25", "close": 27.389784, "volume": 3398, "typical_volume": 29562.0, "trend": 27.343577, "fair_value": 24.365437, "relative_strength": 2.058046, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.512281, "energy": 44.472672, "activity_lines": [ 26.650132, 27.035653, 27.403519, 27.369392 ] }, { "date": "2025-05-02", "close": 28.15761, "volume": 2199, "typical_volume": 29403.25, "trend": 27.359274, "fair_value": 24.405946, "relative_strength": 1.562382, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.991501, "energy": 15.290493, "activity_lines": [ 27.151782, 27.17153, 27.472575, 27.421911 ] }, { "date": "2025-05-09", "close": 28.267132, "volume": 3608, "typical_volume": 28604.05, "trend": 27.376379, "fair_value": 24.445588, "relative_strength": 2.099895, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.33726, "energy": 27.593855, "activity_lines": [ 27.661087, 27.33361, 27.547627, 27.480482 ] }, { "date": "2025-05-16", "close": 28.534355, "volume": 21236, "typical_volume": 28872.1, "trend": 27.39774, "fair_value": 24.488424, "relative_strength": 1.034028, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.990613, "energy": 48.03949, "activity_lines": [ 28.10523, 27.547246, 27.640442, 27.55519 ] }, { "date": "2025-05-23", "close": 28.718483, "volume": 2760, "typical_volume": 28849.9, "trend": 27.445186, "fair_value": 24.529072, "relative_strength": 3.47902, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 70.492124, "energy": 57.250303, "activity_lines": [ 28.415749, 27.786585, 27.742859, 27.640399 ] }, { "date": "2025-05-30", "close": 28.876087, "volume": 50341, "typical_volume": 30764.65, "trend": 27.512378, "fair_value": 24.571986, "relative_strength": 3.615104, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.281917, "energy": 76.176782, "activity_lines": [ 28.63662, 28.03763, 27.851469, 27.732716 ] }, { "date": "2025-06-06", "close": 29.01594, "volume": 11889, "typical_volume": 21084.85, "trend": 27.588276, "fair_value": 24.621244, "relative_strength": 3.23584, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.988071, "energy": 78.21373, "activity_lines": [ 28.805023, 28.298401, 27.963338, 27.82972 ] }, { "date": "2025-06-13", "close": 28.817375, "volume": 7008, "typical_volume": 20639.5, "trend": 27.665495, "fair_value": 24.674834, "relative_strength": 4.024288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.491255, "energy": 72.014927, "activity_lines": [ 28.850014, 28.499595, 28.048924, 27.909016 ] }, { "date": "2025-06-20", "close": 28.253967, "volume": 7717, "typical_volume": 20649.1, "trend": 27.722782, "fair_value": 24.7221, "relative_strength": 3.147892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.06776, "energy": 45.756717, "activity_lines": [ 28.670521, 28.546282, 28.075446, 27.946982 ] }, { "date": "2025-06-27", "close": 28.549957, "volume": 64240, "typical_volume": 21341.75, "trend": 27.775236, "fair_value": 24.772257, "relative_strength": 2.756135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.82038, "energy": 38.023491, "activity_lines": [ 28.608383, 28.598702, 28.129696, 28.000349 ] }, { "date": "2025-07-04", "close": 28.357149, "volume": 5329, "typical_volume": 21335.2, "trend": 27.806612, "fair_value": 24.816967, "relative_strength": 1.891086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.415041, "energy": 27.832468, "activity_lines": [ 28.493211, 28.580353, 28.163623, 28.037891 ] }, { "date": "2025-07-11", "close": 28.507242, "volume": 1437, "typical_volume": 14732.55, "trend": 27.849313, "fair_value": 24.863377, "relative_strength": 0.625737, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.823452, "energy": 22.470169, "activity_lines": [ 28.462666, 28.571705, 28.213594, 28.083093 ] }, { "date": "2025-07-18", "close": 28.588871, "volume": 2034, "typical_volume": 14509.6, "trend": 27.913851, "fair_value": 24.906078, "relative_strength": 0.923561, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.329388, "energy": 26.716778, "activity_lines": [ 28.493243, 28.571542, 28.271322, 28.130807 ] }, { "date": "2025-07-25", "close": 28.826349, "volume": 4122, "typical_volume": 10811.8, "trend": 27.979114, "fair_value": 24.945948, "relative_strength": 1.543477, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.105653, "energy": 46.99545, "activity_lines": [ 28.618214, 28.608707, 28.350912, 28.189677 ] }, { "date": "2025-08-01", "close": 27.930178, "volume": 396, "typical_volume": 10469.5, "trend": 28.014561, "fair_value": 24.981875, "relative_strength": 2.099655, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.610363, "energy": 16.82104, "activity_lines": [ 28.406302, 28.477622, 28.341726, 28.18652 ] }, { "date": "2025-08-08", "close": 28.423271, "volume": 4421, "typical_volume": 10599.25, "trend": 28.069883, "fair_value": 25.018831, "relative_strength": 1.222065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.473147, "energy": 18.907004, "activity_lines": [ 28.400073, 28.450524, 28.378816, 28.212889 ] }, { "date": "2025-08-15", "close": 28.626516, "volume": 5905, "typical_volume": 10775.85, "trend": 28.108511, "fair_value": 25.058694, "relative_strength": -0.385035, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.185123, "energy": 22.330859, "activity_lines": [ 28.457184, 28.468612, 28.433307, 28.248801 ] }, { "date": "2025-08-22", "close": 29.062166, "volume": 2275, "typical_volume": 10806.5, "trend": 28.154514, "fair_value": 25.10616, "relative_strength": 0.517422, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.044193, "energy": 37.036092, "activity_lines": [ 28.651561, 28.57299, 28.524994, 28.310327 ] }, { "date": "2025-08-29", "close": 28.378508, "volume": 276, "typical_volume": 10402.7, "trend": 28.161897, "fair_value": 25.153028, "relative_strength": 1.502596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.799418, "energy": 32.194154, "activity_lines": [ 28.586498, 28.548616, 28.536769, 28.324778 ] }, { "date": "2025-09-05", "close": 28.262159, "volume": 3585, "typical_volume": 10208.8, "trend": 28.166021, "fair_value": 25.198199, "relative_strength": 1.460507, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.835535, "energy": 21.472221, "activity_lines": [ 28.512509, 28.500823, 28.524276, 28.331246 ] }, { "date": "2025-09-12", "close": 28.570246, "volume": 3073, "typical_volume": 10192.55, "trend": 28.160882, "fair_value": 25.249637, "relative_strength": 0.605053, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.093442, "energy": 21.763474, "activity_lines": [ 28.519083, 28.514278, 28.533142, 28.357325 ] }, { "date": "2025-09-19", "close": 28.396646, "volume": 7086, "typical_volume": 10436.9, "trend": 28.157317, "fair_value": 25.306562, "relative_strength": -0.355112, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.046925, "energy": 13.98105, "activity_lines": [ 28.457992, 28.492296, 28.519853, 28.372536 ] }, { "date": "2025-09-26", "close": 28.121136, "volume": 20605, "typical_volume": 11286.75, "trend": 28.147005, "fair_value": 25.363464, "relative_strength": -1.511646, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.056927, "energy": 10.988341, "activity_lines": [ 28.320389, 28.422231, 28.479187, 28.370202 ] }, { "date": "2025-10-03", "close": 28.903881, "volume": 6780, "typical_volume": 10563.95, "trend": 28.173577, "fair_value": 25.424824, "relative_strength": -1.361927, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.285375, "energy": 19.643066, "activity_lines": [ 28.506436, 28.502988, 28.513763, 28.419032 ] }, { "date": "2025-10-10", "close": 29.322952, "volume": 13314, "typical_volume": 11091.65, "trend": 28.224801, "fair_value": 25.488661, "relative_strength": 2.11292, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 70.657467, "energy": 50.656043, "activity_lines": [ 28.797149, 28.65853, 28.586491, 28.493186 ] }, { "date": "2025-10-17", "close": 29.267752, "volume": 6648, "typical_volume": 8907.0, "trend": 28.266641, "fair_value": 25.550844, "relative_strength": -1.230076, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.476162, "energy": 66.703662, "activity_lines": [ 28.998742, 28.778713, 28.651084, 28.560473 ] }, { "date": "2025-10-24", "close": 29.839647, "volume": 4303, "typical_volume": 8527.7, "trend": 28.337135, "fair_value": 25.611944, "relative_strength": 0.077132, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.840398, "energy": 83.137634, "activity_lines": [ 29.344466, 28.987522, 28.768278, 28.661957 ] }, { "date": "2025-10-31", "close": 29.624992, "volume": 1321, "typical_volume": 8243.35, "trend": 28.459515, "fair_value": 25.670952, "relative_strength": 0.624389, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.654853, "energy": 83.105608, "activity_lines": [ 29.522439, 29.135246, 28.861106, 28.745045 ] }, { "date": "2025-11-07", "close": 28.865067, "volume": 183, "typical_volume": 7866.65, "trend": 28.568039, "fair_value": 25.717346, "relative_strength": 0.157487, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.587233, "energy": 69.871693, "activity_lines": [ 29.346847, 29.134569, 28.877714, 28.771209 ] }, { "date": "2025-11-14", "close": 29.3487, "volume": 430, "typical_volume": 4676.15, "trend": 28.660137, "fair_value": 25.766656, "relative_strength": -0.877454, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.298112, "energy": 51.248608, "activity_lines": [ 29.335053, 29.212978, 28.937473, 28.821575 ] }, { "date": "2025-11-21", "close": 28.409912, "volume": 2775, "typical_volume": 4548.45, "trend": 28.694142, "fair_value": 25.807379, "relative_strength": -1.743696, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.725928, "energy": 13.188681, "activity_lines": [ 29.008613, 29.100944, 28.904019, 28.805431 ] }, { "date": "2025-11-28", "close": 29.274969, "volume": 13071, "typical_volume": 5130.15, "trend": 28.731387, "fair_value": 25.853395, "relative_strength": -0.431917, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.275787, "energy": 22.79734, "activity_lines": [ 29.027715, 29.149108, 28.952701, 28.842904 ] }, { "date": "2025-12-05", "close": 29.352503, "volume": 4095, "typical_volume": 5233.2, "trend": 28.767566, "fair_value": 25.901155, "relative_strength": -0.030728, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.949017, "energy": 21.782634, "activity_lines": [ 29.110306, 29.195399, 29.005111, 28.882976 ] }, { "date": "2025-12-12", "close": 29.122145, "volume": 33616, "typical_volume": 6707.9, "trend": 28.787159, "fair_value": 25.952766, "relative_strength": -0.213792, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.261106, "energy": 17.695768, "activity_lines": [ 29.134278, 29.177418, 29.031946, 28.905852 ] }, { "date": "2025-12-19", "close": 29.608511, "volume": 2091, "typical_volume": 6792.65, "trend": 28.816826, "fair_value": 26.006832, "relative_strength": 0.439534, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.275054, "energy": 43.134036, "activity_lines": [ 29.303233, 29.2439, 29.103693, 28.958842 ] }, { "date": "2025-12-26", "close": 29.655907, "volume": 9633, "typical_volume": 7053.25, "trend": 28.84282, "fair_value": 26.062133, "relative_strength": 1.190109, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.560806, "energy": 55.505269, "activity_lines": [ 29.470666, 29.313806, 29.171962, 29.012976 ] }, { "date": "2026-01-02", "close": 29.939514, "volume": 1505, "typical_volume": 6833.25, "trend": 28.873606, "fair_value": 26.1123, "relative_strength": 1.034977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.38709, "energy": 69.436843, "activity_lines": [ 29.649568, 29.428221, 29.261372, 29.083731 ] }, { "date": "2026-01-09", "close": 30.602791, "volume": 7389, "typical_volume": 7088.95, "trend": 28.93312, "fair_value": 26.164145, "relative_strength": 1.181031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.486675, "energy": 85.593981, "activity_lines": [ 30.00526, 29.661415, 29.407698, 29.195291 ] }, { "date": "2026-01-16", "close": 30.910095, "volume": 430, "typical_volume": 7096.65, "trend": 29.021658, "fair_value": 26.21805, "relative_strength": 3.374564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.870988, "energy": 92.352879, "activity_lines": [ 30.380034, 29.932705, 29.575955, 29.322838 ] }, { "date": "2026-01-23", "close": 30.398766, "volume": 10809, "typical_volume": 7457.85, "trend": 29.083285, "fair_value": 26.267434, "relative_strength": 2.97941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.959611, "energy": 84.216348, "activity_lines": [ 30.465168, 30.073843, 29.683459, 29.411684 ] }, { "date": "2026-01-30", "close": 30.773268, "volume": 1520, "typical_volume": 7380.2, "trend": 29.163822, "fair_value": 26.316465, "relative_strength": 4.324365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.991844, "energy": 86.787216, "activity_lines": [ 30.622452, 30.263981, 29.816455, 29.520715 ] }, { "date": "2026-02-06", "close": 31.074915, "volume": 1332, "typical_volume": 7092.5, "trend": 29.249411, "fair_value": 26.369853, "relative_strength": 3.347274, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.038014, "energy": 89.765205, "activity_lines": [ 30.805795, 30.465993, 29.967689, 29.644011 ] }, { "date": "2026-02-13", "close": 31.418406, "volume": 4508, "typical_volume": 6287.65, "trend": 29.343729, "fair_value": 26.422993, "relative_strength": 3.865972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.556349, "energy": 90.308102, "activity_lines": [ 31.027941, 30.697732, 30.138883, 29.783946 ] }, { "date": "2026-02-20", "close": 31.944365, "volume": 5618, "typical_volume": 6229.55, "trend": 29.447663, "fair_value": 26.481434, "relative_strength": 2.938748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.354043, "energy": 96.558107, "activity_lines": [ 31.371033, 30.987538, 30.344467, 29.951729 ] }, { "date": "2026-02-27", "close": 32.494022, "volume": 1014, "typical_volume": 5614.55, "trend": 29.599791, "fair_value": 26.541531, "relative_strength": 3.759247, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.489199, "energy": 97.843612, "activity_lines": [ 31.828392, 31.325969, 30.58792, 30.148269 ] }, { "date": "2026-03-06", "close": 30.455427, "volume": 6832, "typical_volume": 5623.75, "trend": 29.667529, "fair_value": 26.591583, "relative_strength": 4.202715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.0324, "energy": 65.733949, "activity_lines": [ 31.466536, 31.241282, 30.622122, 30.203471 ] }, { "date": "2026-03-13", "close": 30.086584, "volume": 14615, "typical_volume": 6139.35, "trend": 29.716198, "fair_value": 26.643202, "relative_strength": 3.820495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.169438, "energy": 41.732852, "activity_lines": [ 31.002922, 31.074996, 30.61554, 30.230507 ] }, { "date": "2026-03-20", "close": 28.807722, "volume": 2305, "typical_volume": 6188.55, "trend": 29.707717, "fair_value": 26.684843, "relative_strength": 2.448438, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -2.517554, "energy": 19.182568, "activity_lines": [ 30.178909, 30.673516, 30.485985, 30.171895 ] }, { "date": "2026-03-27", "close": 28.769686, "volume": 3291, "typical_volume": 6343.95, "trend": 29.720756, "fair_value": 26.721314, "relative_strength": 1.706307, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.500972, "energy": 45.227489, "activity_lines": [ 29.516263, 30.297757, 30.3567, 30.111377 ] }, { "date": "2026-04-03", "close": 29.885874, "volume": 13010, "typical_volume": 6972.95, "trend": 29.77488, "fair_value": 26.764525, "relative_strength": 2.097135, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.97927, "energy": 38.062027, "activity_lines": [ 29.437325, 30.163859, 30.334173, 30.12203 ] }, { "date": "2026-04-10", "close": 30.96871, "volume": 10488, "typical_volume": 7358.6, "trend": 29.854829, "fair_value": 26.81265, "relative_strength": 1.91218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.086378, "energy": 27.271103, "activity_lines": [ 29.893209, 30.236165, 30.412215, 30.199051 ] }, { "date": "2026-04-17", "close": 31.216621, "volume": 14972, "typical_volume": 7453.65, "trend": 29.948828, "fair_value": 26.860686, "relative_strength": 0.680099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.394525, "energy": 17.16805, "activity_lines": [ 30.397511, 30.349992, 30.501683, 30.286909 ] }, { "date": "2026-04-24", "close": 30.9056, "volume": 7558, "typical_volume": 7626.8, "trend": 30.041643, "fair_value": 26.907224, "relative_strength": 2.860332, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.822061, "energy": 31.524078, "activity_lines": [ 30.722803, 30.404693, 30.552283, 30.348636 ] }, { "date": "2026-05-01", "close": 30.758301, "volume": 2302, "typical_volume": 6061.1, "trend": 30.103457, "fair_value": 26.9529, "relative_strength": 2.822787, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.38355, "energy": 34.347034, "activity_lines": [ 30.859137, 30.441937, 30.58146, 30.394872 ] }, { "date": "2026-05-08", "close": 31.1828, "volume": 4331, "typical_volume": 6173.1, "trend": 30.165452, "fair_value": 27.00114, "relative_strength": 4.165903, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.53394, "energy": 35.091744, "activity_lines": [ 31.004397, 30.577927, 30.643274, 30.464507 ] }, { "date": "2026-05-15", "close": 30.584499, "volume": 362, "typical_volume": 5709.55, "trend": 30.209344, "fair_value": 27.045464, "relative_strength": 4.099474, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.461877, "energy": 31.008116, "activity_lines": [ 30.863761, 30.628976, 30.64061, 30.491542 ] }, { "date": "2026-05-22", "close": 31.664, "volume": 15677, "typical_volume": 6418.15, "trend": 30.270156, "fair_value": 27.099796, "relative_strength": 5.503006, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 63.481364, "energy": 39.65056, "activity_lines": [ 31.108573, 30.87395, 30.736334, 30.585391 ] }, { "date": "2026-05-29", "close": 31.825399, "volume": 18248, "typical_volume": 6961.1, "trend": 30.343503, "fair_value": 27.149769, "relative_strength": 5.075324, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.288077, "energy": 48.370651, "activity_lines": [ 31.37736, 31.11959, 30.839218, 30.685729 ] }, { "date": "2026-06-05", "close": 31.6863, "volume": 632, "typical_volume": 6971.2, "trend": 30.437544, "fair_value": 27.200108, "relative_strength": 4.097194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.952298, "energy": 56.117869, "activity_lines": [ 31.53846, 31.285072, 30.923032, 30.772361 ] }, { "date": "2026-06-12", "close": 32.4048, "volume": 2876, "typical_volume": 6574.55, "trend": 30.539414, "fair_value": 27.253835, "relative_strength": 4.695962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.024256, "energy": 74.861885, "activity_lines": [ 31.877193, 31.528161, 31.071578, 30.899281 ] }, { "date": "2026-06-19", "close": 32.750801, "volume": 7, "typical_volume": 6498.9, "trend": 30.68411, "fair_value": 27.314732, "relative_strength": 4.840362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.78876, "energy": 82.218441, "activity_lines": [ 32.249794, 31.78836, 31.243524, 31.041951 ] }, { "date": "2026-06-26", "close": 33.001801, "volume": 8700, "typical_volume": 6867.3, "trend": 30.808338, "fair_value": 27.374233, "relative_strength": 5.97775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.707995, "energy": 89.195511, "activity_lines": [ 32.561641, 32.061795, 31.429958, 31.19148 ] }, { "date": "2026-07-03", "close": 33.4394, "volume": 0, "typical_volume": 6641.9, "trend": 30.944568, "fair_value": 27.440659, "relative_strength": 5.693536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.649805, "energy": 94.114486, "activity_lines": [ 32.930167, 32.382335, 31.648893, 31.361226 ] }, { "date": "2026-07-10", "close": 33.202099, "volume": 3805, "typical_volume": 6551.25, "trend": 31.080566, "fair_value": 27.501039, "relative_strength": 6.883382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.92967, "energy": 89.319117, "activity_lines": [ 33.111993, 32.61366, 31.835604, 31.506873 ] }, { "date": "2026-07-17", "close": 33.1493, "volume": 1503, "typical_volume": 6575.7, "trend": 31.198592, "fair_value": 27.560216, "relative_strength": 6.539085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.843893, "energy": 87.029166, "activity_lines": [ 33.175167, 32.790953, 32.011297, 31.64034 ] }, { "date": "2026-07-24", "close": 32.956699, "volume": 105, "typical_volume": 6239.35, "trend": 31.308619, "fair_value": 27.616137, "relative_strength": 5.357066, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.194223, "energy": 83.311245, "activity_lines": [ 33.124506, 32.897473, 32.165527, 31.753766 ] }, { "date": "2026-07-31", "close": 33.396301, "volume": 911, "typical_volume": 5554.15, "trend": 31.423845, "fair_value": 27.678859, "relative_strength": 4.918504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.691979, "energy": 66.898635, "activity_lines": [ 33.206653, 33.040789, 32.349713, 31.888455 ] }, { "date": "2026-08-07", "close": 34.018101, "volume": 4373, "typical_volume": 5657.55, "trend": 31.537689, "fair_value": 27.745793, "relative_strength": 4.229835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.197427, "energy": 79.048976, "activity_lines": [ 33.469767, 33.265664, 32.577357, 32.055826 ] } ], "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." } } }