{ "ticker": { "uuid": "fde2caa1-8747-4831-9743-eb18820d266d", "symbol": "XEUM", "name": "Xtrackers MSCI Europe Screened UCITS ETF 1C", "exchange": "LSE", "country": "GB", "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": "^FTSE", "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": 86.337, "architecture_energy": 65.722, "architecture_maturity": 43.418, "architecture_confidence": 87.534, "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": 9.26, "rotation_up": 60.43, "upward_expansion": 83.79, "deceleration": 58.01, "rotation_down": 25.41, "downward_expansion": 10.46 }, "activity_lines": [ 17928.0, 17852.672727, 17622.304762, 17403.08172 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 18261.0, "trend_reference": 17178.066667, "distance_from_trend": 0.063042, "trend_direction": "Improving", "fair_value": 14612.559357, "distance_from_fair_value": 0.249678, "fair_value_direction": "Improving", "relative_strength": 0.946534, "relative_strength_direction": "Improving", "price_momentum": 0.076139, "excess_performance": 0.024904, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.063042, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032063, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.249678, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054176, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.009465, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.011412, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.076139, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 9.222222, "read": "Demand-led" } ], "volume": { "latest": 601, "relative_activity": 2.567279, "balance": 9.222222, "dry_up": 0.774242, "accumulation_observations": 2, "distribution_observations": 0 }, "risk": { "range_context": 0.014992, "annualized_volatility": 0.155135, "from_high_reference": -0.140912, "from_low_reference": 0.215374 }, "levels": { "trend_reference": 17178.066667, "fair_value_reference": 14612.559357, "structural_low": 15432.0, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": -0.001186, "positive_rate": 0.484848, "directional_follow_through": 0.484848, "median_excess_return": 0.000764, "regime_survival": 0.757576, "best_return": 0.054246, "worst_return": -0.103362, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.00919, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": 0.002073, "regime_survival": 0.461538, "best_return": 0.081749, "worst_return": -0.062136, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.034602, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.012852, "regime_survival": 0.625, "best_return": 0.120647, "worst_return": -0.116238, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.05852, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.025451, "regime_survival": 0.25, "best_return": 0.169123, "worst_return": -0.093307, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-06-21", "tenure": "Extended", "return": 0.072143, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-10-25", "tenure": "Established", "return": -0.00138, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-01", "end": "2024-11-08", "tenure": "New", "return": -0.019327, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-15", "end": "2025-01-10", "tenure": "Developing", "return": 0.023659, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.02263, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-28", "tenure": "Developing", "return": -0.02084, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.000523, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.059977, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2025-11-21", "tenure": "Established", "return": 0.069137, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-23", "tenure": "Developing", "return": 0.038133, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-13", "tenure": "Developing", "return": -0.024885, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.080946, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": -0.027824, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.078554, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 11884.0, "volume": 461, "typical_volume": 683.0, "trend": 12237.866667, "fair_value": 11231.314103, "relative_strength": 5.024141, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -30.668526, "energy": 12.480992, "activity_lines": [ 12189.866667, 12202.381818, 12242.62381, 12244.169892 ] }, { "date": "2023-08-25", "close": 12004.0, "volume": 177, "typical_volume": 646.55, "trend": 12237.8, "fair_value": 11248.958333, "relative_strength": 4.755395, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.619143, "energy": 39.009337, "activity_lines": [ 12097.0, 12167.618182, 12214.409524, 12229.08172 ] }, { "date": "2023-09-01", "close": 12140.0, "volume": 259, "typical_volume": 623.55, "trend": 12228.0, "fair_value": 11268.641026, "relative_strength": 3.972475, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.436747, "energy": 41.96946, "activity_lines": [ 12080.133333, 12162.836364, 12200.257143, 12222.772043 ] }, { "date": "2023-09-08", "close": 12072.0, "volume": 865, "typical_volume": 559.55, "trend": 12224.1, "fair_value": 11284.839744, "relative_strength": 3.03821, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.936194, "energy": 46.056951, "activity_lines": [ 12065.2, 12142.890909, 12181.47619, 12212.707527 ] }, { "date": "2023-09-15", "close": 12298.0, "volume": 87, "typical_volume": 521.9, "trend": 12219.6, "fair_value": 11302.557692, "relative_strength": 1.659258, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.69975, "energy": 23.989801, "activity_lines": [ 12139.333333, 12167.836364, 12186.738095, 12217.475269 ] }, { "date": "2023-09-22", "close": 12197.0, "volume": 240, "typical_volume": 532.55, "trend": 12219.866667, "fair_value": 11322.025641, "relative_strength": 1.055306, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.749762, "energy": 13.100763, "activity_lines": [ 12178.466667, 12165.090909, 12183.314286, 12216.017204 ] }, { "date": "2023-09-29", "close": 12100.0, "volume": 253, "typical_volume": 528.3, "trend": 12211.666667, "fair_value": 11339.875, "relative_strength": 1.110033, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.614568, "energy": 14.956021, "activity_lines": [ 12164.4, 12144.654545, 12171.8, 12208.283871 ] }, { "date": "2023-10-06", "close": 11968.0, "volume": 23, "typical_volume": 502.4, "trend": 12208.933333, "fair_value": 11354.705128, "relative_strength": 1.377238, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.519377, "energy": 24.513677, "activity_lines": [ 12099.933333, 12106.836364, 12149.428571, 12192.563441 ] }, { "date": "2023-10-13", "close": 12072.0, "volume": 162, "typical_volume": 335.5, "trend": 12226.1, "fair_value": 11370.477564, "relative_strength": 0.723381, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.226731, "energy": 34.006636, "activity_lines": [ 12081.6, 12097.763636, 12139.738095, 12183.729032 ] }, { "date": "2023-10-20", "close": 11750.0, "volume": 930, "typical_volume": 378.95, "trend": 12226.7, "fair_value": 11385.012821, "relative_strength": 0.534582, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.868235, "energy": 65.196477, "activity_lines": [ 11955.933333, 12033.890909, 12100.833333, 12153.012903 ] }, { "date": "2023-10-27", "close": 11637.0, "volume": 7, "typical_volume": 364.1, "trend": 12208.1, "fair_value": 11402.423077, "relative_strength": 0.959672, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.222846, "energy": 77.058386, "activity_lines": [ 11829.133333, 11959.072727, 12053.619048, 12114.967742 ] }, { "date": "2023-11-03", "close": 11976.0, "volume": 8, "typical_volume": 356.1, "trend": 12199.4, "fair_value": 11418.086538, "relative_strength": 1.983739, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.841278, "energy": 65.058039, "activity_lines": [ 11852.666667, 11950.381818, 12040.904762, 12099.993548 ] }, { "date": "2023-11-10", "close": 12043.0, "volume": 1836, "typical_volume": 438.15, "trend": 12183.233333, "fair_value": 11431.721154, "relative_strength": 3.247148, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.216581, "energy": 54.50772, "activity_lines": [ 11906.8, 11954.381818, 12036.080952, 12089.903226 ] }, { "date": "2023-11-17", "close": 12395.0, "volume": 973, "typical_volume": 485.95, "trend": 12176.366667, "fair_value": 11447.070513, "relative_strength": 4.075155, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.832666, "energy": 6.887624, "activity_lines": [ 12073.266667, 12024.145455, 12064.509524, 12103.565591 ] }, { "date": "2023-11-24", "close": 12419.0, "volume": 429, "typical_volume": 500.1, "trend": 12173.866667, "fair_value": 11461.717949, "relative_strength": 4.325175, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.195198, "energy": 29.144706, "activity_lines": [ 12226.2, 12092.4, 12094.680952, 12119.219355 ] }, { "date": "2023-12-01", "close": 12446.0, "volume": 0, "typical_volume": 500.1, "trend": 12174.133333, "fair_value": 11476.237179, "relative_strength": 3.80087, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.601784, "energy": 41.16789, "activity_lines": [ 12343.533333, 12163.363636, 12124.404762, 12136.776344 ] }, { "date": "2023-12-08", "close": 12623.0, "volume": 1860, "typical_volume": 589.2, "trend": 12179.566667, "fair_value": 11491.192308, "relative_strength": 4.726355, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.626479, "energy": 70.522114, "activity_lines": [ 12465.933333, 12261.981818, 12169.785714, 12165.735484 ] }, { "date": "2023-12-15", "close": 12766.0, "volume": 327, "typical_volume": 590.9, "trend": 12186.733333, "fair_value": 11506.108974, "relative_strength": 5.394306, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.13495, "energy": 87.220669, "activity_lines": [ 12592.866667, 12377.090909, 12228.028571, 12203.569892 ] }, { "date": "2023-12-22", "close": 12891.0, "volume": 3634, "typical_volume": 675.0, "trend": 12203.866667, "fair_value": 11521.910256, "relative_strength": 4.547479, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.576563, "energy": 91.440022, "activity_lines": [ 12713.266667, 12500.418182, 12296.952381, 12249.006452 ] }, { "date": "2023-12-29", "close": 12989.0, "volume": 1065, "typical_volume": 679.8, "trend": 12228.0, "fair_value": 11538.025641, "relative_strength": 4.666729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.046505, "energy": 93.640435, "activity_lines": [ 12833.266667, 12626.672727, 12372.290476, 12299.660215 ] }, { "date": "2024-01-05", "close": 12776.0, "volume": 501, "typical_volume": 681.8, "trend": 12250.466667, "fair_value": 11550.448718, "relative_strength": 3.375367, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.55588, "energy": 86.149931, "activity_lines": [ 12844.266667, 12691.672727, 12423.957143, 12335.015054 ] }, { "date": "2024-01-12", "close": 12748.0, "volume": 1314, "typical_volume": 738.65, "trend": 12265.633333, "fair_value": 11564.320513, "relative_strength": 3.861442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.674885, "energy": 78.696339, "activity_lines": [ 12823.933333, 12730.872727, 12468.709524, 12367.113978 ] }, { "date": "2024-01-19", "close": 12558.0, "volume": 4667, "typical_volume": 959.05, "trend": 12284.7, "fair_value": 11576.50641, "relative_strength": 4.363024, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.535521, "energy": 53.616665, "activity_lines": [ 12731.933333, 12721.490909, 12491.82381, 12385.976344 ] }, { "date": "2024-01-26", "close": 12916.0, "volume": 55, "typical_volume": 918.55, "trend": 12305.866667, "fair_value": 11593.25, "relative_strength": 4.721492, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.292163, "energy": 51.635339, "activity_lines": [ 12773.133333, 12767.836364, 12547.042857, 12426.705376 ] }, { "date": "2024-02-02", "close": 12903.0, "volume": 93, "typical_volume": 918.85, "trend": 12343.133333, "fair_value": 11608.00641, "relative_strength": 4.734795, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.350436, "energy": 52.652603, "activity_lines": [ 12808.333333, 12802.345455, 12597.004762, 12465.230108 ] }, { "date": "2024-02-09", "close": 12923.0, "volume": 1408, "typical_volume": 977.25, "trend": 12367.433333, "fair_value": 11622.49359, "relative_strength": 5.290866, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.006574, "energy": 55.888342, "activity_lines": [ 12855.933333, 12831.690909, 12645.990476, 12502.64086 ] }, { "date": "2024-02-16", "close": 13118.0, "volume": 250, "typical_volume": 977.1, "trend": 12389.233333, "fair_value": 11638.75641, "relative_strength": 4.768091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.057124, "energy": 85.583496, "activity_lines": [ 12958.733333, 12887.818182, 12710.090476, 12551.064516 ] }, { "date": "2024-02-23", "close": 13256.0, "volume": 49, "typical_volume": 978.4, "trend": 12414.133333, "fair_value": 11657.75, "relative_strength": 5.727704, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.546817, "energy": 91.356164, "activity_lines": [ 13082.866667, 12960.036364, 12782.485714, 12606.984946 ] }, { "date": "2024-03-01", "close": 13300.0, "volume": 19, "typical_volume": 971.25, "trend": 12448.2, "fair_value": 11677.198718, "relative_strength": 6.184252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.438058, "energy": 91.860167, "activity_lines": [ 13175.133333, 13031.345455, 12852.938095, 12664.137634 ] }, { "date": "2024-03-08", "close": 13400.0, "volume": 518, "typical_volume": 950.65, "trend": 12485.6, "fair_value": 11695.102564, "relative_strength": 7.055776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.738971, "energy": 92.684117, "activity_lines": [ 13275.133333, 13113.4, 12927.066667, 12725.544086 ] }, { "date": "2024-03-15", "close": 13495.0, "volume": 355, "typical_volume": 968.05, "trend": 12539.3, "fair_value": 11713.551282, "relative_strength": 6.655718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.12892, "energy": 93.082814, "activity_lines": [ 13373.666667, 13205.254545, 13002.385714, 12790.666667 ] }, { "date": "2024-03-22", "close": 13650.0, "volume": 606, "typical_volume": 997.95, "trend": 12594.166667, "fair_value": 11732.717949, "relative_strength": 4.943892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.711397, "energy": 93.912833, "activity_lines": [ 13485.733333, 13312.218182, 13083.619048, 12862.324731 ] }, { "date": "2024-03-29", "close": 13687.0, "volume": 11, "typical_volume": 906.7, "trend": 12645.733333, "fair_value": 11751.307692, "relative_strength": 4.789921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.308968, "energy": 92.309552, "activity_lines": [ 13574.666667, 13409.509091, 13160.404762, 12932.830108 ] }, { "date": "2024-04-05", "close": 13543.0, "volume": 150, "typical_volume": 865.55, "trend": 12694.766667, "fair_value": 11766.865385, "relative_strength": 4.070169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.30357, "energy": 85.868834, "activity_lines": [ 13586.866667, 13460.090909, 13215.647619, 12990.71828 ] }, { "date": "2024-04-12", "close": 13479.0, "volume": 447, "typical_volume": 866.45, "trend": 12734.133333, "fair_value": 11780.807692, "relative_strength": 2.37213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.50479, "energy": 66.754599, "activity_lines": [ 13561.533333, 13487.636364, 13259.328571, 13041.313978 ] }, { "date": "2024-04-19", "close": 13388.0, "volume": 246, "typical_volume": 878.75, "trend": 12773.833333, "fair_value": 11794.224359, "relative_strength": 2.840788, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.546784, "energy": 62.58673, "activity_lines": [ 13500.6, 13488.163636, 13289.295238, 13083.498925 ] }, { "date": "2024-04-26", "close": 13673.0, "volume": 0, "typical_volume": 785.75, "trend": 12826.266667, "fair_value": 11809.974359, "relative_strength": 1.773307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.892237, "energy": 66.019917, "activity_lines": [ 13541.8, 13532.054545, 13341.919048, 13141.509677 ] }, { "date": "2024-05-03", "close": 13635.0, "volume": 259, "typical_volume": 782.35, "trend": 12881.833333, "fair_value": 11824.410256, "relative_strength": 0.508311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.488413, "energy": 62.2791, "activity_lines": [ 13568.8, 13558.945455, 13385.92381, 13193.686022 ] }, { "date": "2024-05-10", "close": 14131.0, "volume": 2, "typical_volume": 600.75, "trend": 12950.466667, "fair_value": 11843.467949, "relative_strength": 1.362495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.303263, "energy": 73.463535, "activity_lines": [ 13764.6, 13669.127273, 13473.028571, 13274.277419 ] }, { "date": "2024-05-17", "close": 14108.0, "volume": 154, "typical_volume": 555.2, "trend": 13029.066667, "fair_value": 11862.166667, "relative_strength": 1.292083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.904167, "energy": 92.110741, "activity_lines": [ 13913.533333, 13760.018182, 13552.038095, 13348.956989 ] }, { "date": "2024-05-24", "close": 14021.0, "volume": 572, "typical_volume": 558.75, "trend": 13108.533333, "fair_value": 11879.115385, "relative_strength": 1.83588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.240116, "energy": 87.967408, "activity_lines": [ 13991.533333, 13822.218182, 13617.433333, 13412.952688 ] }, { "date": "2024-05-31", "close": 13935.0, "volume": 164, "typical_volume": 501.25, "trend": 13173.833333, "fair_value": 11895.102564, "relative_strength": 1.642771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.024601, "energy": 82.675904, "activity_lines": [ 13998.666667, 13859.218182, 13668.709524, 13466.273118 ] }, { "date": "2024-06-07", "close": 14093.0, "volume": 39, "typical_volume": 269.85, "trend": 13242.166667, "fair_value": 11911.615385, "relative_strength": 3.038978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.816381, "energy": 73.734238, "activity_lines": [ 14041.0, 13919.763636, 13729.380952, 13525.574194 ] }, { "date": "2024-06-14", "close": 13674.0, "volume": 70, "typical_volume": 270.6, "trend": 13284.8, "fair_value": 11926.211538, "relative_strength": 1.102269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.626335, "energy": 51.888922, "activity_lines": [ 13913.133333, 13896.745455, 13742.838095, 13553.434409 ] }, { "date": "2024-06-21", "close": 13821.0, "volume": 202, "typical_volume": 276.05, "trend": 13331.533333, "fair_value": 11940.538462, "relative_strength": 0.979156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.08702, "energy": 38.132355, "activity_lines": [ 13864.733333, 13898.072727, 13766.685714, 13588.027957 ] }, { "date": "2024-06-28", "close": 13764.0, "volume": 0, "typical_volume": 205.65, "trend": 13375.466667, "fair_value": 11954.25641, "relative_strength": 1.404379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.102259, "energy": 28.228559, "activity_lines": [ 13816.466667, 13882.818182, 13780.733333, 13615.929032 ] }, { "date": "2024-07-05", "close": 13851.0, "volume": 0, "typical_volume": 193.15, "trend": 13416.4, "fair_value": 11968.435897, "relative_strength": 1.474722, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.493481, "energy": 23.93232, "activity_lines": [ 13814.333333, 13876.545455, 13799.061905, 13646.608602 ] }, { "date": "2024-07-12", "close": 13950.0, "volume": 76, "typical_volume": 194.5, "trend": 13455.866667, "fair_value": 11983.884615, "relative_strength": 1.53437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.192396, "energy": 28.100326, "activity_lines": [ 13850.8, 13885.036364, 13823.328571, 13681.034409 ] }, { "date": "2024-07-19", "close": 13600.0, "volume": 25, "typical_volume": 194.8, "trend": 13479.5, "fair_value": 11995.461538, "relative_strength": 0.119023, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.895716, "energy": 12.803199, "activity_lines": [ 13780.133333, 13824.163636, 13810.957143, 13690.333333 ] }, { "date": "2024-07-26", "close": 13744.0, "volume": 16, "typical_volume": 169.7, "trend": 13504.666667, "fair_value": 12008.198718, "relative_strength": -0.446307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.395763, "energy": 11.151062, "activity_lines": [ 13762.4, 13799.127273, 13810.871429, 13707.397849 ] }, { "date": "2024-08-02", "close": 13414.0, "volume": 5, "typical_volume": 152.2, "trend": 13525.933333, "fair_value": 12018.128205, "relative_strength": -1.537522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.784171, "energy": 16.582813, "activity_lines": [ 13639.8, 13720.709091, 13777.719048, 13701.548387 ] }, { "date": "2024-08-09", "close": 13517.0, "volume": 61, "typical_volume": 124.95, "trend": 13551.566667, "fair_value": 12027.820513, "relative_strength": -0.727707, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.677606, "energy": 23.025986, "activity_lines": [ 13574.866667, 13672.054545, 13754.761905, 13700.972043 ] }, { "date": "2024-08-16", "close": 13819.0, "volume": 260, "typical_volume": 137.4, "trend": 13593.6, "fair_value": 12039.980769, "relative_strength": -0.28981, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.499703, "energy": 17.546128, "activity_lines": [ 13632.866667, 13685.909091, 13761.2, 13718.225806 ] }, { "date": "2024-08-23", "close": 13908.0, "volume": 1615, "typical_volume": 210.65, "trend": 13626.666667, "fair_value": 12052.032051, "relative_strength": 0.115104, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.761213, "energy": 17.171208, "activity_lines": [ 13729.266667, 13720.927273, 13775.485714, 13738.509677 ] }, { "date": "2024-08-30", "close": 14024.0, "volume": 20, "typical_volume": 189.3, "trend": 13664.033333, "fair_value": 12064.698718, "relative_strength": 0.306708, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.988966, "energy": 30.609206, "activity_lines": [ 13843.8, 13772.781818, 13799.080952, 13764.144086 ] }, { "date": "2024-09-06", "close": 13595.0, "volume": 6, "typical_volume": 177.3, "trend": 13686.433333, "fair_value": 12075.666667, "relative_strength": -0.497253, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.087924, "energy": 18.776374, "activity_lines": [ 13796.666667, 13742.945455, 13779.22381, 13759.690323 ] }, { "date": "2024-09-13", "close": 13842.0, "volume": 31, "typical_volume": 178.85, "trend": 13710.566667, "fair_value": 12089.153846, "relative_strength": 0.098533, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.665271, "energy": 25.124811, "activity_lines": [ 13819.8, 13761.090909, 13781.904762, 13769.726882 ] }, { "date": "2024-09-20", "close": 13736.0, "volume": 102, "typical_volume": 171.0, "trend": 13726.566667, "fair_value": 12101.839744, "relative_strength": -0.241553, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 29.184237, "energy": 15.091561, "activity_lines": [ 13785.933333, 13760.127273, 13773.685714, 13771.367742 ] }, { "date": "2024-09-27", "close": 14033.0, "volume": 238, "typical_volume": 182.8, "trend": 13751.0, "fair_value": 12118.762821, "relative_strength": 0.692075, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.087456, "energy": 24.905396, "activity_lines": [ 13856.6, 13817.054545, 13793.271429, 13791.137634 ] }, { "date": "2024-10-04", "close": 13786.0, "volume": 275, "typical_volume": 188.85, "trend": 13763.866667, "fair_value": 12134.557692, "relative_strength": -0.677528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.380534, "energy": 17.137379, "activity_lines": [ 13836.6, 13821.2, 13789.8, 13793.395699 ] }, { "date": "2024-10-11", "close": 13886.0, "volume": 813, "typical_volume": 200.9, "trend": 13776.9, "fair_value": 12149.423077, "relative_strength": 0.260977, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 35.06055, "energy": 20.66914, "activity_lines": [ 13865.8, 13842.763636, 13797.385714, 13801.275269 ] }, { "date": "2024-10-18", "close": 13866.0, "volume": 7447, "typical_volume": 565.05, "trend": 13784.1, "fair_value": 12163.410256, "relative_strength": -1.217349, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 35.818598, "energy": 28.876494, "activity_lines": [ 13868.933333, 13852.109091, 13803.709524, 13807.023656 ] }, { "date": "2024-10-25", "close": 13745.0, "volume": 0, "typical_volume": 563.1, "trend": 13786.033333, "fair_value": 12175.974359, "relative_strength": -0.8593, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.673185, "energy": 6.304286, "activity_lines": [ 13830.133333, 13833.109091, 13798.838095, 13804.501075 ] }, { "date": "2024-11-01", "close": 13608.0, "volume": 1250, "typical_volume": 622.1, "trend": 13788.2, "fair_value": 12185.326923, "relative_strength": -1.044222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.268826, "energy": 13.742917, "activity_lines": [ 13745.066667, 13790.545455, 13782.57619, 13793.015054 ] }, { "date": "2024-11-08", "close": 13345.0, "volume": 12, "typical_volume": 612.6, "trend": 13783.733333, "fair_value": 12192.685897, "relative_strength": -1.715987, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -75.292757, "energy": 61.661286, "activity_lines": [ 13600.666667, 13705.618182, 13741.580952, 13764.421505 ] }, { "date": "2024-11-15", "close": 13314.0, "volume": 478, "typical_volume": 636.5, "trend": 13781.266667, "fair_value": 12200.967949, "relative_strength": -1.83662, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.064053, "energy": 74.811306, "activity_lines": [ 13475.333333, 13627.4, 13699.9, 13734.116129 ] }, { "date": "2024-11-22", "close": 13412.0, "volume": 228, "typical_volume": 647.9, "trend": 13772.566667, "fair_value": 12212.788462, "relative_strength": -3.451026, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.762488, "energy": 74.314408, "activity_lines": [ 13420.8, 13572.109091, 13669.695238, 13710.292473 ] }, { "date": "2024-11-29", "close": 13426.0, "volume": 198, "typical_volume": 654.0, "trend": 13765.6, "fair_value": 12224.173077, "relative_strength": -3.607846, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.817383, "energy": 73.293827, "activity_lines": [ 13401.2, 13527.181818, 13642.914286, 13687.933333 ] }, { "date": "2024-12-06", "close": 13707.0, "volume": 210, "typical_volume": 663.25, "trend": 13751.466667, "fair_value": 12235.339744, "relative_strength": -1.818882, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.045764, "energy": 47.406642, "activity_lines": [ 13496.533333, 13538.981818, 13645.390476, 13684.152688 ] }, { "date": "2024-12-13", "close": 13651.0, "volume": 661, "typical_volume": 695.5, "trend": 13736.233333, "fair_value": 12246.814103, "relative_strength": -2.077029, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.536096, "energy": 23.315822, "activity_lines": [ 13566.6, 13546.527273, 13642.02381, 13677.670968 ] }, { "date": "2024-12-20", "close": 13233.0, "volume": 556, "typical_volume": 723.05, "trend": 13709.966667, "fair_value": 12254.775641, "relative_strength": -2.500566, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.485157, "energy": 37.885238, "activity_lines": [ 13476.933333, 13480.527273, 13599.290476, 13645.204301 ] }, { "date": "2024-12-27", "close": 13314.0, "volume": 285, "typical_volume": 734.25, "trend": 13689.266667, "fair_value": 12263.00641, "relative_strength": -2.637269, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.089183, "energy": 39.14058, "activity_lines": [ 13419.666667, 13441.127273, 13565.133333, 13619.658065 ] }, { "date": "2025-01-03", "close": 13384.0, "volume": 59, "typical_volume": 724.2, "trend": 13665.633333, "fair_value": 12272.25641, "relative_strength": -2.970589, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.569219, "energy": 51.896405, "activity_lines": [ 13392.266667, 13424.490909, 13538.609524, 13599.963441 ] }, { "date": "2025-01-10", "close": 13629.0, "volume": 2241, "typical_volume": 755.5, "trend": 13664.133333, "fair_value": 12283.910256, "relative_strength": -1.465767, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.659183, "energy": 41.066508, "activity_lines": [ 13449.333333, 13458.963636, 13537.490476, 13597.6 ] }, { "date": "2025-01-17", "close": 14008.0, "volume": 87, "typical_volume": 758.85, "trend": 13670.366667, "fair_value": 12299.00641, "relative_strength": -1.741791, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 1.141644, "energy": 9.77094, "activity_lines": [ 13637.933333, 13561.963636, 13573.795238, 13619.784946 ] }, { "date": "2025-01-24", "close": 14120.0, "volume": 684, "typical_volume": 792.75, "trend": 13682.233333, "fair_value": 12316.538462, "relative_strength": -0.888363, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.905417, "energy": 41.063183, "activity_lines": [ 13840.066667, 13673.272727, 13620.842857, 13648.793548 ] }, { "date": "2025-01-31", "close": 14304.0, "volume": 134, "typical_volume": 797.9, "trend": 13697.333333, "fair_value": 12334.705128, "relative_strength": -1.531992, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.241757, "energy": 71.011653, "activity_lines": [ 14044.4, 13803.381818, 13682.914286, 13688.907527 ] }, { "date": "2025-02-07", "close": 14325.0, "volume": 3684, "typical_volume": 977.0, "trend": 13709.833333, "fair_value": 12352.602564, "relative_strength": -1.6199, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.062628, "energy": 88.75546, "activity_lines": [ 14189.733333, 13921.090909, 13744.785714, 13729.402151 ] }, { "date": "2025-02-14", "close": 14587.0, "volume": 60, "typical_volume": 968.1, "trend": 13742.733333, "fair_value": 12373.833333, "relative_strength": -0.152525, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.837185, "energy": 95.367349, "activity_lines": [ 14359.666667, 14070.090909, 13828.804762, 13785.993548 ] }, { "date": "2025-02-21", "close": 14550.0, "volume": 88, "typical_volume": 958.75, "trend": 13769.6, "fair_value": 12395.49359, "relative_strength": 0.481032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.591957, "energy": 91.553497, "activity_lines": [ 14453.4, 14196.363636, 13906.661905, 13838.075269 ] }, { "date": "2025-02-28", "close": 14562.0, "volume": 2332, "typical_volume": 1034.7, "trend": 13807.866667, "fair_value": 12422.891026, "relative_strength": -1.062749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.721777, "energy": 88.684711, "activity_lines": [ 14515.0, 14308.472727, 13982.02381, 13889.197849 ] }, { "date": "2025-03-07", "close": 14680.0, "volume": 90, "typical_volume": 666.85, "trend": 13846.633333, "fair_value": 12448.980769, "relative_strength": 1.298276, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.679397, "energy": 87.264112, "activity_lines": [ 14586.466667, 14417.872727, 14065.404762, 13945.464516 ] }, { "date": "2025-03-14", "close": 14436.0, "volume": 333, "typical_volume": 683.5, "trend": 13867.2, "fair_value": 12469.673077, "relative_strength": 0.249386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.038081, "energy": 61.289873, "activity_lines": [ 14551.533333, 14458.072727, 14121.671429, 13983.488172 ] }, { "date": "2025-03-21", "close": 14487.0, "volume": 124, "typical_volume": 627.2, "trend": 13886.5, "fair_value": 12491.442308, "relative_strength": 0.487785, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.557482, "energy": 57.055278, "activity_lines": [ 14526.2, 14488.418182, 14179.504762, 14023.475269 ] }, { "date": "2025-03-28", "close": 14283.0, "volume": 183, "typical_volume": 635.75, "trend": 13895.133333, "fair_value": 12510.384615, "relative_strength": -0.983972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.2312, "energy": 41.989344, "activity_lines": [ 14439.533333, 14466.072727, 14213.72381, 14049.055914 ] }, { "date": "2025-04-04", "close": 13378.0, "volume": 1979, "typical_volume": 710.8, "trend": 13887.9, "fair_value": 12523.621795, "relative_strength": -0.245973, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 0.120496, "energy": 17.876412, "activity_lines": [ 14069.0, 14274.181818, 14157.285714, 14015.692473 ] }, { "date": "2025-04-11", "close": 13371.0, "volume": 1295, "typical_volume": 764.15, "trend": 13872.2, "fair_value": 12537.692308, "relative_strength": 0.846585, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.558901, "energy": 38.009012, "activity_lines": [ 13775.066667, 14094.509091, 14099.87619, 13982.344086 ] }, { "date": "2025-04-18", "close": 13722.0, "volume": 395, "typical_volume": 774.0, "trend": 13871.733333, "fair_value": 12553.858974, "relative_strength": -0.358539, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.474155, "energy": 37.112466, "activity_lines": [ 13685.4, 13995.618182, 14076.090476, 13972.653763 ] }, { "date": "2025-04-25", "close": 14087.0, "volume": 149, "typical_volume": 770.95, "trend": 13873.533333, "fair_value": 12572.621795, "relative_strength": 0.601727, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.614627, "energy": 32.889299, "activity_lines": [ 13765.0, 13974.054545, 14085.657143, 13986.541935 ] }, { "date": "2025-05-02", "close": 14494.0, "volume": 18, "typical_volume": 738.8, "trend": 13897.133333, "fair_value": 12595.423077, "relative_strength": 1.29727, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.08351, "energy": 19.273207, "activity_lines": [ 14006.933333, 14035.581818, 14132.17619, 14026.572043 ] }, { "date": "2025-05-09", "close": 14412.0, "volume": 5322, "typical_volume": 977.1, "trend": 13914.666667, "fair_value": 12617.615385, "relative_strength": 1.203288, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.756738, "energy": 30.018283, "activity_lines": [ 14207.466667, 14083.218182, 14166.871429, 14059.789247 ] }, { "date": "2025-05-16", "close": 14665.0, "volume": 1410, "typical_volume": 1033.35, "trend": 13941.3, "fair_value": 12642.339744, "relative_strength": 1.425354, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.569985, "energy": 46.229231, "activity_lines": [ 14423.4, 14179.581818, 14220.047619, 14108.197849 ] }, { "date": "2025-05-23", "close": 14545.0, "volume": 1632, "typical_volume": 1112.0, "trend": 13967.966667, "fair_value": 12663.724359, "relative_strength": 0.230061, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.063351, "energy": 48.751164, "activity_lines": [ 14513.066667, 14254.4, 14255.361905, 14147.146237 ] }, { "date": "2025-05-30", "close": 14681.0, "volume": 165, "typical_volume": 1008.2, "trend": 14003.733333, "fair_value": 12686.24359, "relative_strength": 0.55191, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.515928, "energy": 68.019745, "activity_lines": [ 14593.2, 14351.963636, 14298.1, 14193.148387 ] }, { "date": "2025-06-06", "close": 14857.0, "volume": 1401, "typical_volume": 1073.9, "trend": 14054.133333, "fair_value": 12712.621795, "relative_strength": 1.036055, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.864406, "energy": 72.424135, "activity_lines": [ 14692.4, 14478.0, 14352.590476, 14248.197849 ] }, { "date": "2025-06-13", "close": 14731.0, "volume": 277, "typical_volume": 1053.55, "trend": 14101.366667, "fair_value": 12741.064103, "relative_strength": 0.051658, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.558787, "energy": 62.164654, "activity_lines": [ 14725.4, 14570.690909, 14391.038095, 14291.866667 ] }, { "date": "2025-06-20", "close": 14567.0, "volume": 1702, "typical_volume": 1131.95, "trend": 14139.866667, "fair_value": 12766.429487, "relative_strength": -0.186045, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.298428, "energy": 47.332942, "activity_lines": [ 14682.466667, 14608.963636, 14410.957143, 14321.907527 ] }, { "date": "2025-06-27", "close": 14730.0, "volume": 293, "typical_volume": 962.4, "trend": 14183.333333, "fair_value": 12793.5, "relative_strength": 0.66703, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.468745, "energy": 42.999658, "activity_lines": [ 14700.4, 14655.127273, 14445.147619, 14359.980645 ] }, { "date": "2025-07-04", "close": 14823.0, "volume": 459, "typical_volume": 982.35, "trend": 14220.533333, "fair_value": 12820.871795, "relative_strength": 1.036722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.794929, "energy": 43.933721, "activity_lines": [ 14737.0, 14699.872727, 14486.266667, 14401.249462 ] }, { "date": "2025-07-11", "close": 14993.0, "volume": 377, "typical_volume": 996.8, "trend": 14265.266667, "fair_value": 12849.49359, "relative_strength": 0.860169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.214778, "energy": 61.756904, "activity_lines": [ 14820.8, 14762.145455, 14542.452381, 14451.086022 ] }, { "date": "2025-07-18", "close": 15007.0, "volume": 938, "typical_volume": 927.1, "trend": 14324.4, "fair_value": 12876.397436, "relative_strength": 0.380188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.786733, "energy": 74.596171, "activity_lines": [ 14900.2, 14817.890909, 14597.861905, 14498.939785 ] }, { "date": "2025-07-25", "close": 15272.0, "volume": 175, "typical_volume": 931.35, "trend": 14389.666667, "fair_value": 12903.891026, "relative_strength": 0.698487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.998394, "energy": 88.230678, "activity_lines": [ 15049.533333, 14911.0, 14676.390476, 14560.075269 ] }, { "date": "2025-08-01", "close": 14738.0, "volume": 3300, "typical_volume": 1079.7, "trend": 14434.8, "fair_value": 12928.019231, "relative_strength": -2.250719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.114545, "energy": 69.391433, "activity_lines": [ 14973.866667, 14895.981818, 14701.242857, 14582.548387 ] }, { "date": "2025-08-08", "close": 15064.0, "volume": 39, "typical_volume": 1075.45, "trend": 14482.633333, "fair_value": 12953.057692, "relative_strength": -0.387735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.990981, "energy": 54.488328, "activity_lines": [ 15006.333333, 14936.727273, 14755.704762, 14623.141935 ] }, { "date": "2025-08-15", "close": 15218.0, "volume": 995, "typical_volume": 1116.05, "trend": 14522.966667, "fair_value": 12979.237179, "relative_strength": 0.151983, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.942062, "energy": 57.517131, "activity_lines": [ 15074.066667, 14998.509091, 14822.085714, 14670.584946 ] }, { "date": "2025-08-22", "close": 15475.0, "volume": 5, "typical_volume": 1017.35, "trend": 14568.133333, "fair_value": 13008.942308, "relative_strength": -0.139164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.826852, "energy": 64.220441, "activity_lines": [ 15212.466667, 15100.454545, 14908.490476, 14732.006452 ] }, { "date": "2025-08-29", "close": 15139.0, "volume": 2, "typical_volume": 952.7, "trend": 14595.966667, "fair_value": 13036.74359, "relative_strength": -0.851192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.350894, "energy": 63.430338, "activity_lines": [ 15207.666667, 15127.781818, 14952.909524, 14768.836559 ] }, { "date": "2025-09-05", "close": 15155.0, "volume": 0, "typical_volume": 932.95, "trend": 14623.633333, "fair_value": 13063.865385, "relative_strength": -0.953509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.539915, "energy": 62.753119, "activity_lines": [ 15217.066667, 15147.618182, 14990.433333, 14804.903226 ] }, { "date": "2025-09-12", "close": 15202.0, "volume": 3807, "typical_volume": 1115.85, "trend": 14644.133333, "fair_value": 13092.301282, "relative_strength": -1.409499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.358212, "energy": 51.304318, "activity_lines": [ 15214.333333, 15168.272727, 15025.609524, 14842.217204 ] }, { "date": "2025-09-19", "close": 15313.0, "volume": 62, "typical_volume": 1118.05, "trend": 14669.566667, "fair_value": 13123.762821, "relative_strength": 0.036764, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.831186, "energy": 47.406617, "activity_lines": [ 15239.4, 15202.218182, 15066.047619, 14885.369892 ] }, { "date": "2025-09-26", "close": 15305.0, "volume": 32, "typical_volume": 853.55, "trend": 14694.333333, "fair_value": 13156.602564, "relative_strength": -0.705029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.715738, "energy": 46.620663, "activity_lines": [ 15255.466667, 15228.890909, 15101.82381, 14926.365591 ] }, { "date": "2025-10-03", "close": 15750.0, "volume": 2, "typical_volume": 783.15, "trend": 14730.0, "fair_value": 13191.217949, "relative_strength": -0.034831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.587076, "energy": 63.937402, "activity_lines": [ 15431.2, 15331.054545, 15175.728571, 14994.473118 ] }, { "date": "2025-10-10", "close": 15572.0, "volume": 221, "typical_volume": 712.6, "trend": 14767.866667, "fair_value": 13225.557692, "relative_strength": -0.460411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.06626, "energy": 72.814971, "activity_lines": [ 15506.866667, 15392.163636, 15227.514286, 15048.795699 ] }, { "date": "2025-10-17", "close": 15681.0, "volume": 168, "typical_volume": 712.75, "trend": 14807.666667, "fair_value": 13259.455128, "relative_strength": 0.997189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.265364, "energy": 79.628338, "activity_lines": [ 15591.066667, 15457.927273, 15284.790476, 15107.707527 ] }, { "date": "2025-10-24", "close": 21256.259766, "volume": 416, "typical_volume": 663.5, "trend": 15040.108659, "fair_value": 13328.059357, "relative_strength": 31.953958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 99.60282, "energy": 99.324402, "activity_lines": [ 17501.753255, 16526.156321, 15868.281882, 15523.745791 ] }, { "date": "2025-10-31", "close": 15940.0, "volume": 1253, "typical_volume": 712.3, "trend": 15125.508659, "fair_value": 13359.87987, "relative_strength": -1.751397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.634426, "energy": 59.775048, "activity_lines": [ 17244.135938, 16518.006144, 15914.990169, 15581.803297 ] }, { "date": "2025-11-07", "close": 15747.0, "volume": 0, "typical_volume": 627.2, "trend": 15204.708659, "fair_value": 13387.911922, "relative_strength": -2.563017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.651716, "energy": 53.532731, "activity_lines": [ 16879.851953, 16466.310511, 15937.560361, 15621.899513 ] }, { "date": "2025-11-14", "close": 16096.0, "volume": 281, "typical_volume": 626.6, "trend": 15283.841992, "fair_value": 13418.700383, "relative_strength": -0.575564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.132441, "energy": 47.800173, "activity_lines": [ 16632.101302, 16467.014879, 15987.7496, 15679.40218 ] }, { "date": "2025-11-21", "close": 15696.0, "volume": 417, "typical_volume": 624.5, "trend": 15337.475326, "fair_value": 13446.392691, "relative_strength": -1.458448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.384839, "energy": 24.714038, "activity_lines": [ 16216.083984, 16377.882884, 15993.338839, 15705.993019 ] }, { "date": "2025-11-28", "close": 16049.0, "volume": 0, "typical_volume": 605.65, "trend": 15389.308659, "fair_value": 13476.11064, "relative_strength": -1.151614, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.972688, "energy": 23.06858, "activity_lines": [ 15916.733333, 16343.950888, 16028.389983, 15751.897837 ] }, { "date": "2025-12-05", "close": 16069.0, "volume": 27, "typical_volume": 560.1, "trend": 15444.541992, "fair_value": 13506.649101, "relative_strength": -0.495033, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.538192, "energy": 19.254278, "activity_lines": [ 15971.2, 16300.273438, 16060.317318, 15795.748891 ] }, { "date": "2025-12-12", "close": 16157.0, "volume": 78, "typical_volume": 555.25, "trend": 15494.275326, "fair_value": 13538.87987, "relative_strength": 0.202121, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.999967, "energy": 16.798354, "activity_lines": [ 16046.4, 16258.705078, 16095.568462, 15841.713924 ] }, { "date": "2025-12-19", "close": 16364.0, "volume": 3, "typical_volume": 390.4, "trend": 15554.908659, "fair_value": 13571.341409, "relative_strength": -1.079994, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.457816, "energy": 15.879578, "activity_lines": [ 16163.266667, 16247.373082, 16146.319606, 15897.825193 ] }, { "date": "2025-12-26", "close": 16325.0, "volume": 102, "typical_volume": 393.55, "trend": 15609.708659, "fair_value": 13602.950383, "relative_strength": -1.071829, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.936568, "energy": 22.026329, "activity_lines": [ 16249.266667, 16214.550178, 16185.613607, 15947.508506 ] }, { "date": "2026-01-02", "close": 16469.0, "volume": 12, "typical_volume": 344.4, "trend": 15663.441992, "fair_value": 13632.841409, "relative_strength": -1.036911, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.046105, "energy": 21.425427, "activity_lines": [ 16341.333333, 16196.2, 16232.617132, 16002.946657 ] }, { "date": "2026-01-09", "close": 16756.0, "volume": 3, "typical_volume": 344.3, "trend": 15730.941992, "fair_value": 13662.764486, "relative_strength": -1.040794, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.472288, "energy": 30.415085, "activity_lines": [ 16501.066667, 16317.072727, 16300.996847, 16073.43427 ] }, { "date": "2026-01-16", "close": 16840.0, "volume": 308, "typical_volume": 359.6, "trend": 15806.708659, "fair_value": 13694.290127, "relative_strength": -1.61843, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.154365, "energy": 38.63277, "activity_lines": [ 16643.0, 16438.381818, 16371.276563, 16144.9864 ] }, { "date": "2026-01-23", "close": 16661.0, "volume": 118, "typical_volume": 365.5, "trend": 15871.075326, "fair_value": 13724.12987, "relative_strength": -1.761791, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.641824, "energy": 55.819757, "activity_lines": [ 16679.733333, 16507.272727, 16416.408659, 16200.10197 ] }, { "date": "2026-01-30", "close": 16757.0, "volume": 11, "typical_volume": 175.7, "trend": 15935.541992, "fair_value": 13751.841409, "relative_strength": -1.958588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.859521, "energy": 85.82427, "activity_lines": [ 16728.666667, 16583.345455, 16463.512184, 16257.258401 ] }, { "date": "2026-02-06", "close": 16969.0, "volume": 4, "typical_volume": 172.8, "trend": 16001.408659, "fair_value": 13782.482434, "relative_strength": -2.107577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.049281, "energy": 89.658301, "activity_lines": [ 16819.466667, 16678.672727, 16523.401423, 16323.933111 ] }, { "date": "2026-02-13", "close": 17054.0, "volume": 119, "typical_volume": 177.15, "trend": 16069.641992, "fair_value": 13812.104229, "relative_strength": -2.296031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.265734, "energy": 91.335105, "activity_lines": [ 16905.266667, 16772.727273, 16583.500186, 16391.84223 ] }, { "date": "2026-02-20", "close": 17431.0, "volume": 1377, "typical_volume": 245.9, "trend": 16141.608659, "fair_value": 13845.706793, "relative_strength": -2.328218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.549061, "energy": 96.697216, "activity_lines": [ 17096.866667, 16917.418182, 16671.17514, 16479.671778 ] }, { "date": "2026-02-27", "close": 17666.0, "volume": 2, "typical_volume": 234.95, "trend": 16239.208659, "fair_value": 13879.809357, "relative_strength": -3.003244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.375749, "energy": 97.642142, "activity_lines": [ 17327.4, 17081.672727, 16773.226283, 16578.019607 ] }, { "date": "2026-03-06", "close": 16689.0, "volume": 60, "typical_volume": 229.55, "trend": 16293.375326, "fair_value": 13909.546537, "relative_strength": -2.715127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.039241, "energy": 67.427193, "activity_lines": [ 17165.266667, 17044.618182, 16772.25838, 16607.038403 ] }, { "date": "2026-03-13", "close": 16340.0, "volume": 362, "typical_volume": 226.85, "trend": 16330.775326, "fair_value": 13940.206793, "relative_strength": -4.442434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 28.858374, "energy": 33.073552, "activity_lines": [ 16891.333333, 16937.490909, 16733.252381, 16610.046447 ] }, { "date": "2026-03-20", "close": 15776.0, "volume": 1250, "typical_volume": 226.7, "trend": 16340.808659, "fair_value": 13966.12987, "relative_strength": -4.457594, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -8.316478, "energy": 25.242079, "activity_lines": [ 16471.333333, 16730.163636, 16663.942857, 16574.25449 ] }, { "date": "2026-03-27", "close": 15840.0, "volume": 1554, "typical_volume": 304.4, "trend": 16364.175326, "fair_value": 13989.495255, "relative_strength": -4.475984, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.097763, "energy": 48.098144, "activity_lines": [ 16157.866667, 16552.290909, 16601.509524, 16541.944254 ] }, { "date": "2026-04-03", "close": 16544.0, "volume": 653, "typical_volume": 323.0, "trend": 16410.475326, "fair_value": 14017.104229, "relative_strength": -4.629744, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.767855, "energy": 38.458818, "activity_lines": [ 16185.133333, 16520.6, 16605.680952, 16553.545846 ] }, { "date": "2026-04-10", "close": 17053.0, "volume": 48, "typical_volume": 304.55, "trend": 16472.175326, "fair_value": 14046.11064, "relative_strength": -3.139606, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 5.534379, "energy": 20.296303, "activity_lines": [ 16456.866667, 16583.581818, 16656.195238, 16594.999051 ] }, { "date": "2026-04-17", "close": 17395.0, "volume": 116, "typical_volume": 310.35, "trend": 16541.575326, "fair_value": 14076.841409, "relative_strength": -1.787295, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.385094, "energy": 31.228334, "activity_lines": [ 16818.333333, 16703.363636, 16732.819048, 16654.536127 ] }, { "date": "2026-04-24", "close": 16873.0, "volume": 452, "typical_volume": 331.6, "trend": 16593.841992, "fair_value": 14104.911922, "relative_strength": -2.031689, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 39.707599, "energy": 36.227039, "activity_lines": [ 16935.466667, 16720.490909, 16753.319048, 16675.918364 ] }, { "date": "2026-05-01", "close": 16911.0, "volume": 358, "typical_volume": 345.6, "trend": 16632.541992, "fair_value": 14133.584998, "relative_strength": -1.605097, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.184377, "energy": 38.618259, "activity_lines": [ 16992.133333, 16747.818182, 16773.609524, 16696.380171 ] }, { "date": "2026-05-08", "close": 16931.0, "volume": 121, "typical_volume": 351.5, "trend": 16677.841992, "fair_value": 14162.245255, "relative_strength": -0.194667, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.270653, "energy": 37.352134, "activity_lines": [ 16984.066667, 16788.236364, 16792.214286, 16715.635526 ] }, { "date": "2026-05-15", "close": 16969.0, "volume": 118, "typical_volume": 352.3, "trend": 16720.775326, "fair_value": 14190.565768, "relative_strength": 0.427455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.743308, "energy": 33.188779, "activity_lines": [ 16962.866667, 16848.927273, 16811.738095, 16734.419913 ] }, { "date": "2026-05-22", "close": 17410.0, "volume": 405, "typical_volume": 371.95, "trend": 16592.566667, "fair_value": 14222.828588, "relative_strength": 0.376271, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.24261, "energy": 43.379503, "activity_lines": [ 17094.266667, 16984.709091, 16870.195238, 16778.886022 ] }, { "date": "2026-05-29", "close": 17495.0, "volume": 0, "typical_volume": 371.8, "trend": 16644.4, "fair_value": 14256.354229, "relative_strength": 1.410233, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.70515, "energy": 56.368403, "activity_lines": [ 17253.0, 17116.490909, 16932.266667, 16837.107527 ] }, { "date": "2026-06-05", "close": 17362.0, "volume": 4, "typical_volume": 356.6, "trend": 16698.233333, "fair_value": 14290.072178, "relative_strength": 1.046826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.307152, "energy": 63.881205, "activity_lines": [ 17325.933333, 17192.836364, 16978.152381, 16883.404301 ] }, { "date": "2026-06-12", "close": 17624.0, "volume": 0, "typical_volume": 350.7, "trend": 16749.166667, "fair_value": 14324.245255, "relative_strength": 1.534963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.976734, "energy": 75.969177, "activity_lines": [ 17456.133333, 17289.145455, 17046.504762, 16943.131183 ] }, { "date": "2026-06-19", "close": 17822.0, "volume": 0, "typical_volume": 350.15, "trend": 16820.033333, "fair_value": 14361.655511, "relative_strength": 3.677966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.112763, "energy": 82.534562, "activity_lines": [ 17606.133333, 17401.818182, 17129.128571, 17012.346237 ] }, { "date": "2026-06-26", "close": 17749.0, "volume": 0, "typical_volume": 349.95, "trend": 16876.7, "fair_value": 14396.706793, "relative_strength": 1.813716, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.680865, "energy": 81.905832, "activity_lines": [ 17674.933333, 17487.236364, 17199.728571, 17072.27957 ] }, { "date": "2026-07-03", "close": 18053.0, "volume": 0, "typical_volume": 344.0, "trend": 16942.833333, "fair_value": 14436.886281, "relative_strength": 1.886967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.508673, "energy": 92.609509, "activity_lines": [ 17822.466667, 17621.490909, 17295.566667, 17148.169892 ] }, { "date": "2026-07-10", "close": 17656.0, "volume": 128, "typical_volume": 281.55, "trend": 16992.8, "fair_value": 14471.899101, "relative_strength": 1.365209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.424012, "energy": 80.653124, "activity_lines": [ 17800.466667, 17662.109091, 17348.838095, 17194.180645 ] }, { "date": "2026-07-17", "close": 17573.0, "volume": 3, "typical_volume": 281.6, "trend": 17033.1, "fair_value": 14504.649101, "relative_strength": -0.079655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.028974, "energy": 57.011808, "activity_lines": [ 17731.2, 17674.090909, 17393.133333, 17231.612903 ] }, { "date": "2026-07-24", "close": 17739.0, "volume": 31, "typical_volume": 280.15, "trend": 17080.233333, "fair_value": 14538.174742, "relative_strength": -0.385899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.608483, "energy": 52.411184, "activity_lines": [ 17720.666667, 17704.581818, 17453.680952, 17277.154839 ] }, { "date": "2026-07-31", "close": 17899.0, "volume": 90, "typical_volume": 266.55, "trend": 17127.9, "fair_value": 14574.206793, "relative_strength": -0.732318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.708029, "energy": 50.724111, "activity_lines": [ 17769.0, 17750.163636, 17524.466667, 17329.978495 ] }, { "date": "2026-08-07", "close": 18261.0, "volume": 601, "typical_volume": 234.1, "trend": 17178.066667, "fair_value": 14612.559357, "relative_strength": 0.946534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.336506, "energy": 65.721765, "activity_lines": [ 17928.0, 17852.672727, 17622.304762, 17403.08172 ] } ], "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." } } }