{ "ticker": { "uuid": "ff76d739-2887-4190-a89f-123e1d5ef908", "symbol": "PAXJ", "name": "Amundi MSCI Pacific Ex Japan UCITS ETF Dist", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 89.16, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 91.675, "architecture_energy": 91.836, "architecture_maturity": 9.866, "architecture_confidence": 64.756, "architecture_tenure": "New", "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": 19.48, "rotation_up": 85.74, "upward_expansion": 95.61, "deceleration": 41.84, "rotation_down": 8.14, "downward_expansion": 19.94 }, "activity_lines": [ 126.051001, 123.756183, 122.492097, 121.71099 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 129.485001, "trend_reference": 120.638668, "distance_from_trend": 0.073329, "trend_direction": "Improving", "fair_value": 99.352648, "distance_from_fair_value": 0.303287, "fair_value_direction": "Improving", "relative_strength": 2.752026, "relative_strength_direction": "Weakening", "price_momentum": 0.090538, "excess_performance": 0.039302, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.073329, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035046, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.303287, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.02266, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.02752, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.008697, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.090538, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.806363, "read": "Supply-led" } ], "volume": { "latest": 3191, "relative_activity": 1.090716, "balance": 0.806363, "dry_up": 0.685671, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.018368, "annualized_volatility": 0.161681, "from_high_reference": 0.0, "from_low_reference": 0.224684 }, "levels": { "trend_reference": 120.638668, "fair_value_reference": 99.352648, "structural_low": 114.334999, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.002443, "positive_rate": 0.521739, "directional_follow_through": 0.521739, "median_excess_return": 0.000814, "regime_survival": 0.73913, "best_return": 0.056925, "worst_return": -0.05372, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.027414, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.006991, "regime_survival": 0.444444, "best_return": 0.101567, "worst_return": -0.05095, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.053701, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.004187, "regime_survival": 0.2, "best_return": 0.097166, "worst_return": -0.044307, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.133296, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.004064, "regime_survival": 0.0, "best_return": 0.135753, "worst_return": 0.004588, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.051209, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-11-08", "tenure": "Established", "return": 0.072067, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-15", "end": "2025-01-03", "tenure": "Developing", "return": -0.030126, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.047937, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-03-21", "tenure": "Developing", "return": -0.022351, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-09", "tenure": "Developing", "return": 0.056289, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-16", "end": "2025-05-30", "tenure": "New", "return": 0.013253, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-10-10", "tenure": "Established", "return": 0.054398, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2026-01-02", "tenure": "Developing", "return": 0.015089, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-09", "end": "2026-03-20", "tenure": "Developing", "return": 0.025904, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.09048, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": 0.012796, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-05", "end": "2026-07-24", "tenure": "Developing", "return": 0.052609, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.029211, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 78.844109, "volume": 7343, "typical_volume": 689.0, "trend": 84.586768, "fair_value": 84.871463, "relative_strength": -0.957857, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.586377, "energy": 53.310006, "activity_lines": [ 82.251102, 83.215508, 83.58275, 83.856994 ] }, { "date": "2023-08-25", "close": 78.628502, "volume": 97, "typical_volume": 693.85, "trend": 84.160968, "fair_value": 84.898644, "relative_strength": -2.202211, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.58097, "energy": 73.07457, "activity_lines": [ 80.664363, 82.297691, 83.068798, 83.47259 ] }, { "date": "2023-09-01", "close": 81.295067, "volume": 416, "typical_volume": 714.65, "trend": 83.861896, "fair_value": 84.960212, "relative_strength": -0.577421, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.904626, "energy": 69.765419, "activity_lines": [ 80.406212, 82.007433, 82.840172, 83.287693 ] }, { "date": "2023-09-08", "close": 79.451355, "volume": 0, "typical_volume": 714.65, "trend": 83.566344, "fair_value": 85.005844, "relative_strength": -2.958104, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.748244, "energy": 73.241416, "activity_lines": [ 79.88082, 81.397475, 82.459318, 83.003142 ] }, { "date": "2023-09-15", "close": 81.097061, "volume": 3201, "typical_volume": 874.7, "trend": 83.394294, "fair_value": 85.060044, "relative_strength": -3.915524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.082366, "energy": 59.754965, "activity_lines": [ 80.218469, 81.158101, 82.264512, 82.843833 ] }, { "date": "2023-09-22", "close": 79.240143, "volume": 0, "typical_volume": 730.4, "trend": 83.244831, "fair_value": 85.116881, "relative_strength": -5.749206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.193804, "energy": 44.065168, "activity_lines": [ 80.010777, 80.590706, 81.912972, 82.575823 ] }, { "date": "2023-09-29", "close": 79.046524, "volume": 0, "typical_volume": 730.4, "trend": 83.032444, "fair_value": 85.166789, "relative_strength": -5.023965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.852766, "energy": 44.910653, "activity_lines": [ 79.712143, 80.114515, 81.572768, 82.304965 ] }, { "date": "2023-10-06", "close": 78.245682, "volume": 2726, "typical_volume": 866.5, "trend": 82.874034, "fair_value": 85.195351, "relative_strength": -4.539823, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.712233, "energy": 48.656991, "activity_lines": [ 79.118694, 79.605044, 81.179677, 81.996142 ] }, { "date": "2023-10-13", "close": 77.708847, "volume": 0, "typical_volume": 865.5, "trend": 82.74452, "fair_value": 85.224254, "relative_strength": -6.472155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.270708, "energy": 69.008466, "activity_lines": [ 78.549592, 79.148136, 80.762992, 81.662904 ] }, { "date": "2023-10-20", "close": 75.785919, "volume": 0, "typical_volume": 811.8, "trend": 82.540934, "fair_value": 85.238952, "relative_strength": -6.347596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.815407, "energy": 77.480576, "activity_lines": [ 77.455681, 78.459052, 80.182658, 81.213962 ] }, { "date": "2023-10-27", "close": 75.667114, "volume": 250, "typical_volume": 824.3, "trend": 82.222207, "fair_value": 85.273065, "relative_strength": -5.097572, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.409385, "energy": 82.518263, "activity_lines": [ 76.676245, 77.865014, 79.624242, 80.770489 ] }, { "date": "2023-11-03", "close": 79.790176, "volume": 0, "typical_volume": 824.3, "trend": 82.041355, "fair_value": 85.30059, "relative_strength": -1.727118, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.713312, "energy": 58.011212, "activity_lines": [ 77.509365, 78.078387, 79.495063, 80.613584 ] }, { "date": "2023-11-10", "close": 77.550438, "volume": 3000, "typical_volume": 914.8, "trend": 81.752991, "fair_value": 85.295613, "relative_strength": -3.670448, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.815839, "energy": 46.222439, "activity_lines": [ 77.546328, 77.863415, 79.184425, 80.323848 ] }, { "date": "2023-11-17", "close": 80.379807, "volume": 6520, "typical_volume": 1240.8, "trend": 81.578739, "fair_value": 85.292819, "relative_strength": -2.011193, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.475442, "energy": 24.546874, "activity_lines": [ 78.572764, 78.230957, 79.165147, 80.235255 ] }, { "date": "2023-11-24", "close": 81.088257, "volume": 3740, "typical_volume": 1427.8, "trend": 81.437637, "fair_value": 85.285635, "relative_strength": -0.913375, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.714911, "energy": 20.915722, "activity_lines": [ 79.657286, 78.710427, 79.22761, 80.203611 ] }, { "date": "2023-12-01", "close": 81.233467, "volume": 0, "typical_volume": 1427.8, "trend": 81.295655, "fair_value": 85.276191, "relative_strength": -1.217063, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.375639, "energy": 19.745454, "activity_lines": [ 80.436722, 79.216459, 79.306459, 80.190439 ] }, { "date": "2023-12-08", "close": 80.828644, "volume": 81, "typical_volume": 1371.65, "trend": 81.191369, "fair_value": 85.263851, "relative_strength": -1.928045, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -0.512842, "energy": 21.26401, "activity_lines": [ 80.710127, 79.612644, 79.370368, 80.160309 ] }, { "date": "2023-12-15", "close": 84.791367, "volume": 500, "typical_volume": 1393.7, "trend": 81.216826, "fair_value": 85.269422, "relative_strength": 2.590137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 46.213906, "energy": 52.242287, "activity_lines": [ 82.235209, 80.696923, 79.832612, 80.392567 ] }, { "date": "2023-12-22", "close": 86.549438, "volume": 0, "typical_volume": 1393.7, "trend": 81.375104, "fair_value": 85.285169, "relative_strength": 3.036807, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 53.233009, "energy": 72.794076, "activity_lines": [ 83.863585, 81.981838, 80.470452, 80.736607 ] }, { "date": "2023-12-29", "close": 87.862259, "volume": 0, "typical_volume": 1393.7, "trend": 81.545021, "fair_value": 85.304336, "relative_strength": 4.078644, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.222549, "energy": 82.122606, "activity_lines": [ 85.51826, 83.34471, 81.221984, 81.155133 ] }, { "date": "2024-01-05", "close": 85.801224, "volume": 0, "typical_volume": 1026.55, "trend": 81.626875, "fair_value": 85.292185, "relative_strength": 2.201748, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.637892, "energy": 76.418349, "activity_lines": [ 86.034323, 84.113279, 81.750271, 81.429726 ] }, { "date": "2024-01-12", "close": 85.296295, "volume": 0, "typical_volume": 1021.7, "trend": 81.587465, "fair_value": 85.280283, "relative_strength": 2.468338, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.857008, "energy": 83.097462, "activity_lines": [ 86.077559, 84.605786, 82.19734, 81.666463 ] }, { "date": "2024-01-19", "close": 82.436562, "volume": 0, "typical_volume": 1000.9, "trend": 81.59706, "fair_value": 85.242764, "relative_strength": 1.274123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.02444, "energy": 50.984052, "activity_lines": [ 84.869708, 84.47823, 82.340303, 81.721244 ] }, { "date": "2024-01-26", "close": 84.929077, "volume": 0, "typical_volume": 1000.9, "trend": 81.648816, "fair_value": 85.242271, "relative_strength": 2.085852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.357052, "energy": 36.25026, "activity_lines": [ 84.649682, 84.71502, 82.715212, 81.936212 ] }, { "date": "2024-02-02", "close": 83.749382, "volume": 0, "typical_volume": 840.85, "trend": 81.719626, "fair_value": 85.216993, "relative_strength": 1.002944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.963785, "energy": 27.182799, "activity_lines": [ 84.144448, 84.654606, 82.951685, 82.071733 ] }, { "date": "2024-02-09", "close": 83.937576, "volume": 0, "typical_volume": 840.85, "trend": 81.644459, "fair_value": 85.182618, "relative_strength": 1.824958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.947815, "energy": 25.667943, "activity_lines": [ 83.976137, 84.580025, 83.193452, 82.214826 ] }, { "date": "2024-02-16", "close": 85.342201, "volume": 0, "typical_volume": 840.85, "trend": 81.648382, "fair_value": 85.151706, "relative_strength": 1.609416, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.161561, "energy": 34.460501, "activity_lines": [ 84.400278, 84.711665, 83.546623, 82.45339 ] }, { "date": "2024-02-23", "close": 85.704834, "volume": 0, "typical_volume": 704.55, "trend": 81.62171, "fair_value": 85.138651, "relative_strength": 2.02355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.350495, "energy": 41.437621, "activity_lines": [ 84.942236, 84.827173, 83.904351, 82.715097 ] }, { "date": "2024-03-01", "close": 85.824173, "volume": 0, "typical_volume": 704.55, "trend": 81.676901, "fair_value": 85.125059, "relative_strength": 2.405685, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.368924, "energy": 45.664578, "activity_lines": [ 85.306089, 84.947771, 84.237925, 82.986223 ] }, { "date": "2024-03-08", "close": 87.765854, "volume": 0, "typical_volume": 704.55, "trend": 81.862378, "fair_value": 85.116786, "relative_strength": 4.896182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.25171, "energy": 67.042157, "activity_lines": [ 86.257496, 85.434588, 84.717777, 83.379059 ] }, { "date": "2024-03-15", "close": 86.030739, "volume": 0, "typical_volume": 692.05, "trend": 82.101933, "fair_value": 85.099888, "relative_strength": 1.91981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.3327, "energy": 63.42017, "activity_lines": [ 86.362767, 85.607683, 84.975333, 83.647986 ] }, { "date": "2024-03-22", "close": 86.113365, "volume": 0, "typical_volume": 692.05, "trend": 82.351428, "fair_value": 85.082895, "relative_strength": -0.564888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.506665, "energy": 58.126056, "activity_lines": [ 86.356035, 85.791628, 85.191407, 83.906788 ] }, { "date": "2024-03-29", "close": 86.705505, "volume": 600, "typical_volume": 572.05, "trend": 82.531776, "fair_value": 85.066914, "relative_strength": -0.107725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.710031, "energy": 58.028615, "activity_lines": [ 86.495272, 86.068378, 85.433764, 84.187696 ] }, { "date": "2024-04-05", "close": 86.498947, "volume": 2398, "typical_volume": 365.95, "trend": 82.766696, "fair_value": 85.042247, "relative_strength": 0.188824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.393921, "energy": 44.182879, "activity_lines": [ 86.498945, 86.229956, 85.612854, 84.443642 ] }, { "date": "2024-04-12", "close": 84.901535, "volume": 0, "typical_volume": 178.95, "trend": 82.893512, "fair_value": 84.994383, "relative_strength": -2.642491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.801284, "energy": 29.846722, "activity_lines": [ 85.925163, 86.072552, 85.610671, 84.581374 ] }, { "date": "2024-04-19", "close": 82.689026, "volume": 0, "typical_volume": 178.95, "trend": 83.008474, "fair_value": 84.931166, "relative_strength": -3.923931, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 5.788629, "energy": 11.856523, "activity_lines": [ 84.804832, 85.491925, 85.379614, 84.568181 ] }, { "date": "2024-04-26", "close": 84.878586, "volume": 887, "typical_volume": 219.25, "trend": 83.202877, "fair_value": 84.886225, "relative_strength": -4.265188, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.1611, "energy": 18.901618, "activity_lines": [ 84.637136, 85.332101, 85.350156, 84.688834 ] }, { "date": "2024-05-03", "close": 87.403229, "volume": 0, "typical_volume": 194.25, "trend": 83.508128, "fair_value": 84.842743, "relative_strength": -2.241871, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.350699, "energy": 26.617126, "activity_lines": [ 85.393306, 85.639732, 85.541854, 84.959824 ] }, { "date": "2024-05-10", "close": 88.839973, "volume": 0, "typical_volume": 194.25, "trend": 83.879166, "fair_value": 84.818279, "relative_strength": -3.180323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.247098, "energy": 39.538378, "activity_lines": [ 86.581875, 86.17771, 85.857948, 85.303814 ] }, { "date": "2024-05-17", "close": 91.396759, "volume": 0, "typical_volume": 194.25, "trend": 84.399527, "fair_value": 84.81036, "relative_strength": -0.238015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.476793, "energy": 85.476439, "activity_lines": [ 88.466638, 87.125725, 86.406637, 85.78882 ] }, { "date": "2024-05-24", "close": 89.276054, "volume": 0, "typical_volume": 194.25, "trend": 84.853158, "fair_value": 84.775293, "relative_strength": -1.351086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.293809, "energy": 80.192181, "activity_lines": [ 89.211485, 87.622141, 86.736524, 86.103435 ] }, { "date": "2024-05-31", "close": 88.160622, "volume": 0, "typical_volume": 194.25, "trend": 85.132173, "fair_value": 84.730942, "relative_strength": -2.047682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.05079, "energy": 77.679174, "activity_lines": [ 89.145385, 87.856745, 86.943633, 86.31682 ] }, { "date": "2024-06-07", "close": 89.129166, "volume": 0, "typical_volume": 194.25, "trend": 85.518131, "fair_value": 84.695246, "relative_strength": -0.57408, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.342232, "energy": 73.664639, "activity_lines": [ 89.183331, 88.230226, 87.229344, 86.57469 ] }, { "date": "2024-06-14", "close": 87.816353, "volume": 176, "typical_volume": 203.05, "trend": 85.766016, "fair_value": 84.666769, "relative_strength": -0.760048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.778213, "energy": 41.654919, "activity_lines": [ 88.668611, 88.320947, 87.358156, 86.722962 ] }, { "date": "2024-06-21", "close": 88.491119, "volume": 0, "typical_volume": 203.05, "trend": 86.012778, "fair_value": 84.635828, "relative_strength": -1.053032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.882221, "energy": 29.588651, "activity_lines": [ 88.447054, 88.510399, 87.537482, 86.898776 ] }, { "date": "2024-06-28", "close": 88.651787, "volume": 0, "typical_volume": 203.05, "trend": 86.260055, "fair_value": 84.612733, "relative_strength": 0.057764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.741129, "energy": 28.101961, "activity_lines": [ 88.472762, 88.663799, 87.70953, 87.069034 ] }, { "date": "2024-07-05", "close": 89.744255, "volume": 0, "typical_volume": 203.05, "trend": 86.557242, "fair_value": 84.597452, "relative_strength": 0.85456, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.057067, "energy": 31.945219, "activity_lines": [ 88.904243, 88.907415, 87.963174, 87.293821 ] }, { "date": "2024-07-12", "close": 93.191559, "volume": 0, "typical_volume": 203.05, "trend": 86.837248, "fair_value": 84.606203, "relative_strength": 4.162506, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.71238, "energy": 63.860927, "activity_lines": [ 90.379251, 89.689347, 88.524171, 87.721842 ] }, { "date": "2024-07-19", "close": 90.446571, "volume": 0, "typical_volume": 203.05, "trend": 86.967153, "fair_value": 84.595451, "relative_strength": 2.304761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.488227, "energy": 63.504574, "activity_lines": [ 90.668437, 89.866948, 88.788089, 87.954701 ] }, { "date": "2024-07-26", "close": 89.051132, "volume": 276, "typical_volume": 216.85, "trend": 87.006782, "fair_value": 84.57994, "relative_strength": -0.766824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.498136, "energy": 53.225307, "activity_lines": [ 90.317128, 89.761623, 88.897097, 88.089152 ] }, { "date": "2024-08-02", "close": 86.843216, "volume": 0, "typical_volume": 216.85, "trend": 87.041515, "fair_value": 84.544234, "relative_strength": -1.825394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.407023, "energy": 21.660448, "activity_lines": [ 89.192513, 89.297505, 88.789706, 88.078599 ] }, { "date": "2024-08-09", "close": 87.995377, "volume": 10, "typical_volume": 217.35, "trend": 87.131484, "fair_value": 84.510164, "relative_strength": -0.415634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.617718, "energy": 18.266026, "activity_lines": [ 88.572523, 89.087105, 88.788177, 88.140138 ] }, { "date": "2024-08-16", "close": 90.419029, "volume": 0, "typical_volume": 187.35, "trend": 87.397567, "fair_value": 84.514365, "relative_strength": 0.558937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.734857, "energy": 22.958091, "activity_lines": [ 88.877009, 89.320373, 89.008509, 88.352238 ] }, { "date": "2024-08-23", "close": 93.953529, "volume": 213, "typical_volume": 78.1, "trend": 87.698382, "fair_value": 84.530041, "relative_strength": 4.178941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.630569, "energy": 37.8201, "activity_lines": [ 90.544497, 90.172826, 89.547777, 88.775203 ] }, { "date": "2024-08-30", "close": 93.79747, "volume": 0, "typical_volume": 78.1, "trend": 88.033318, "fair_value": 84.535999, "relative_strength": 3.343709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.843909, "energy": 71.601686, "activity_lines": [ 91.926168, 90.885319, 90.036684, 89.168693 ] }, { "date": "2024-09-06", "close": 92.071526, "volume": 0, "typical_volume": 78.1, "trend": 88.30445, "fair_value": 84.53818, "relative_strength": 3.745279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.123261, "energy": 70.985528, "activity_lines": [ 92.416102, 91.187525, 90.318855, 89.429222 ] }, { "date": "2024-09-13", "close": 94.844048, "volume": 0, "typical_volume": 33.75, "trend": 88.621178, "fair_value": 84.575701, "relative_strength": 5.508818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.252817, "energy": 80.99979, "activity_lines": [ 93.481656, 91.931649, 90.820396, 89.851132 ] }, { "date": "2024-09-20", "close": 96.707687, "volume": 0, "typical_volume": 33.75, "trend": 88.98794, "fair_value": 84.631899, "relative_strength": 7.870842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.52374, "energy": 84.800928, "activity_lines": [ 94.711845, 92.921893, 91.451972, 90.372842 ] }, { "date": "2024-09-27", "close": 100.710403, "volume": 0, "typical_volume": 33.75, "trend": 89.484147, "fair_value": 84.719876, "relative_strength": 10.774625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.235223, "energy": 92.068732, "activity_lines": [ 96.857029, 94.575974, 92.420452, 91.12913 ] }, { "date": "2024-10-04", "close": 99.590385, "volume": 0, "typical_volume": 33.75, "trend": 89.878298, "fair_value": 84.786206, "relative_strength": 9.767939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.779565, "energy": 91.237317, "activity_lines": [ 98.178415, 95.8398, 93.225738, 91.781146 ] }, { "date": "2024-10-11", "close": 98.947739, "volume": 0, "typical_volume": 33.75, "trend": 90.308865, "fair_value": 84.83848, "relative_strength": 9.077547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.407486, "energy": 87.528693, "activity_lines": [ 98.899391, 96.795158, 93.930802, 92.366271 ] }, { "date": "2024-10-18", "close": 98.653961, "volume": 1106, "typical_volume": 89.05, "trend": 90.726885, "fair_value": 84.881717, "relative_strength": 7.099484, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.886761, "energy": 86.588116, "activity_lines": [ 99.064027, 97.47702, 94.561832, 92.904664 ] }, { "date": "2024-10-25", "close": 96.854584, "volume": 0, "typical_volume": 89.05, "trend": 91.065188, "fair_value": 84.91493, "relative_strength": 6.288875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.880007, "energy": 63.617288, "activity_lines": [ 98.374877, 97.637931, 94.971524, 93.299999 ] }, { "date": "2024-11-01", "close": 95.794235, "volume": 0, "typical_volume": 80.25, "trend": 91.375031, "fair_value": 84.941001, "relative_strength": 5.869147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.599422, "energy": 46.246771, "activity_lines": [ 97.322484, 97.48904, 95.243443, 93.605099 ] }, { "date": "2024-11-08", "close": 96.964752, "volume": 0, "typical_volume": 80.25, "trend": 91.777138, "fair_value": 84.981994, "relative_strength": 8.276267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.319959, "energy": 36.379868, "activity_lines": [ 96.988008, 97.519503, 95.58885, 93.965727 ] }, { "date": "2024-11-15", "close": 95.633568, "volume": 0, "typical_volume": 80.25, "trend": 92.208622, "fair_value": 85.023278, "relative_strength": 6.69387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.745735, "energy": 27.03252, "activity_lines": [ 96.384845, 97.250346, 95.767126, 94.214528 ] }, { "date": "2024-11-22", "close": 97.175896, "volume": 290, "typical_volume": 94.75, "trend": 92.618533, "fair_value": 85.093659, "relative_strength": 5.639393, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.496942, "energy": 24.44699, "activity_lines": [ 96.516737, 97.196848, 96.059045, 94.534998 ] }, { "date": "2024-11-29", "close": 98.24543, "volume": 0, "typical_volume": 94.75, "trend": 92.97994, "fair_value": 85.177838, "relative_strength": 6.281603, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.873732, "energy": 34.740453, "activity_lines": [ 97.103678, 97.295413, 96.417435, 94.898023 ] }, { "date": "2024-12-06", "close": 96.739822, "volume": 0, "typical_volume": 94.75, "trend": 93.243268, "fair_value": 85.236883, "relative_strength": 4.214954, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.323769, "energy": 31.952433, "activity_lines": [ 97.096027, 97.092273, 96.608368, 95.140596 ] }, { "date": "2024-12-13", "close": 94.84597, "volume": 416, "typical_volume": 101.75, "trend": 93.358242, "fair_value": 85.292501, "relative_strength": 2.235525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.380358, "energy": 20.284238, "activity_lines": [ 96.394053, 96.616988, 96.588966, 95.243997 ] }, { "date": "2024-12-20", "close": 92.215797, "volume": 225, "typical_volume": 113.0, "trend": 93.456233, "fair_value": 85.321009, "relative_strength": 2.023939, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.292299, "energy": 17.510678, "activity_lines": [ 94.956606, 95.749752, 96.291477, 95.17029 ] }, { "date": "2024-12-27", "close": 93.110252, "volume": 0, "typical_volume": 112.5, "trend": 93.621221, "fair_value": 85.352094, "relative_strength": 2.178304, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.44357, "energy": 30.818809, "activity_lines": [ 94.045162, 95.167543, 96.053591, 95.147969 ] }, { "date": "2025-01-03", "close": 92.752464, "volume": 370, "typical_volume": 131.0, "trend": 93.741997, "fair_value": 85.38485, "relative_strength": 0.846475, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.367199, "energy": 56.942704, "activity_lines": [ 93.285499, 94.621076, 95.757273, 95.09192 ] }, { "date": "2025-01-10", "close": 91.277824, "volume": 552, "typical_volume": 147.95, "trend": 93.85738, "fair_value": 85.402625, "relative_strength": -1.031108, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.314152, "energy": 68.707276, "activity_lines": [ 92.400486, 93.881077, 95.309401, 94.932941 ] }, { "date": "2025-01-17", "close": 93.627579, "volume": 34, "typical_volume": 149.65, "trend": 94.028595, "fair_value": 85.441585, "relative_strength": -1.540623, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.51956, "energy": 53.784687, "activity_lines": [ 92.662859, 93.650423, 95.098057, 94.918116 ] }, { "date": "2025-01-24", "close": 95.295624, "volume": 0, "typical_volume": 149.65, "trend": 94.250056, "fair_value": 85.522528, "relative_strength": 0.231923, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.94398, "energy": 22.780227, "activity_lines": [ 93.562473, 93.783725, 95.046383, 94.999859 ] }, { "date": "2025-01-31", "close": 95.653397, "volume": 885, "typical_volume": 193.9, "trend": 94.447028, "fair_value": 85.591361, "relative_strength": -1.387277, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.277065, "energy": 6.93145, "activity_lines": [ 94.376022, 93.988222, 95.013431, 95.090397 ] }, { "date": "2025-02-07", "close": 95.179581, "volume": 1295, "typical_volume": 258.65, "trend": 94.513295, "fair_value": 85.635063, "relative_strength": -2.150249, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.59357, "energy": 15.234085, "activity_lines": [ 94.86209, 94.134252, 94.931499, 95.137659 ] }, { "date": "2025-02-14", "close": 97.877449, "volume": 0, "typical_volume": 258.65, "trend": 94.760991, "fair_value": 85.699027, "relative_strength": 0.230123, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.044156, "energy": 40.119058, "activity_lines": [ 96.085639, 94.826546, 95.113783, 95.354701 ] }, { "date": "2025-02-21", "close": 96.533348, "volume": 757, "typical_volume": 296.5, "trend": 95.010398, "fair_value": 85.764976, "relative_strength": -0.316326, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.495155, "energy": 38.527974, "activity_lines": [ 96.42118, 95.253774, 95.181548, 95.469047 ] }, { "date": "2025-02-28", "close": 94.062721, "volume": 1275, "typical_volume": 360.25, "trend": 95.251048, "fair_value": 85.82256, "relative_strength": -4.443521, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.447276, "energy": 17.04622, "activity_lines": [ 95.73946, 95.201118, 95.028572, 95.407906 ] }, { "date": "2025-03-07", "close": 94.435013, "volume": 0, "typical_volume": 304.95, "trend": 95.465703, "fair_value": 85.883151, "relative_strength": -2.533678, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.437657, "energy": 13.521601, "activity_lines": [ 95.264031, 95.18257, 94.934315, 95.355259 ] }, { "date": "2025-03-14", "close": 93.066742, "volume": 320, "typical_volume": 320.95, "trend": 95.55396, "fair_value": 85.905433, "relative_strength": -3.357601, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -47.529268, "energy": 27.424339, "activity_lines": [ 94.413738, 94.89116, 94.729837, 95.200487 ] }, { "date": "2025-03-21", "close": 93.052231, "volume": 6960, "typical_volume": 668.95, "trend": 95.523917, "fair_value": 85.919178, "relative_strength": -3.518657, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.037218, "energy": 39.611509, "activity_lines": [ 93.699463, 94.591397, 94.542014, 95.039085 ] }, { "date": "2025-03-28", "close": 93.453522, "volume": 544, "typical_volume": 696.15, "trend": 95.512452, "fair_value": 85.931234, "relative_strength": -3.219632, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.098634, "energy": 52.168304, "activity_lines": [ 93.440634, 94.332334, 94.405466, 94.905512 ] }, { "date": "2025-04-04", "close": 85.065002, "volume": 823, "typical_volume": 737.3, "trend": 95.278901, "fair_value": 85.891919, "relative_strength": -5.241254, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.201828, "energy": 85.135812, "activity_lines": [ 90.590953, 92.55125, 93.486732, 94.231483 ] }, { "date": "2025-04-11", "close": 86.974777, "volume": 774, "typical_volume": 761.5, "trend": 95.016592, "fair_value": 85.870726, "relative_strength": -2.060318, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.571833, "energy": 85.438666, "activity_lines": [ 88.977711, 91.303409, 92.800207, 93.695733 ] }, { "date": "2025-04-18", "close": 92.06591, "volume": 489, "typical_volume": 785.95, "trend": 94.861866, "fair_value": 85.897922, "relative_strength": -0.341759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.767161, "energy": 72.028735, "activity_lines": [ 89.558863, 91.139022, 92.64713, 93.505366 ] }, { "date": "2025-04-25", "close": 95.121567, "volume": 0, "typical_volume": 785.95, "trend": 94.675571, "fair_value": 85.954416, "relative_strength": 1.105263, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.420391, "energy": 39.718259, "activity_lines": [ 91.225289, 91.586821, 92.814493, 93.522121 ] }, { "date": "2025-05-02", "close": 98.59301, "volume": 0, "typical_volume": 765.15, "trend": 94.642326, "fair_value": 86.050239, "relative_strength": 2.441509, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.29885, "energy": 10.010861, "activity_lines": [ 93.910907, 92.715899, 93.320176, 93.774859 ] }, { "date": "2025-05-09", "close": 98.713882, "volume": 1, "typical_volume": 753.95, "trend": 94.63453, "fair_value": 86.157815, "relative_strength": 2.888217, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 33.585924, "energy": 38.574418, "activity_lines": [ 96.294183, 93.829505, 93.819528, 94.03754 ] }, { "date": "2025-05-16", "close": 100.323898, "volume": 3, "typical_volume": 754.1, "trend": 94.690195, "fair_value": 86.265353, "relative_strength": 2.880407, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 48.896064, "energy": 50.964505, "activity_lines": [ 98.304206, 95.151274, 94.441271, 94.404596 ] }, { "date": "2025-05-23", "close": 100.894417, "volume": 1301, "typical_volume": 800.65, "trend": 94.824856, "fair_value": 86.36058, "relative_strength": 2.921049, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.750442, "energy": 73.128152, "activity_lines": [ 99.614461, 96.469704, 95.082998, 94.804868 ] }, { "date": "2025-05-30", "close": 101.653496, "volume": 645, "typical_volume": 805.3, "trend": 95.020165, "fair_value": 86.462479, "relative_strength": 2.887886, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.569198, "energy": 85.843701, "activity_lines": [ 100.589174, 97.783827, 95.758248, 95.245426 ] }, { "date": "2025-06-06", "close": 103.988747, "volume": 0, "typical_volume": 803.6, "trend": 95.254298, "fair_value": 86.608751, "relative_strength": 4.301073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.373653, "energy": 91.207013, "activity_lines": [ 101.906843, 99.366154, 96.606495, 95.824044 ] }, { "date": "2025-06-13", "close": 104.361031, "volume": 0, "typical_volume": 803.6, "trend": 95.545213, "fair_value": 86.783171, "relative_strength": 4.344221, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.02973, "energy": 90.802301, "activity_lines": [ 102.988891, 100.824619, 97.440858, 96.411575 ] }, { "date": "2025-06-20", "close": 102.838043, "volume": 0, "typical_volume": 759.35, "trend": 95.733952, "fair_value": 86.932964, "relative_strength": 3.538608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.02678, "energy": 81.758601, "activity_lines": [ 103.186799, 101.655341, 98.087006, 96.88208 ] }, { "date": "2025-06-27", "close": 105.651947, "volume": 85, "typical_volume": 698.85, "trend": 95.980835, "fair_value": 87.109104, "relative_strength": 5.872508, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.284646, "energy": 81.840011, "activity_lines": [ 104.155066, 102.709259, 98.966932, 97.521951 ] }, { "date": "2025-07-04", "close": 106.019394, "volume": 1440, "typical_volume": 770.85, "trend": 96.290154, "fair_value": 87.275877, "relative_strength": 5.758561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.609496, "energy": 86.972513, "activity_lines": [ 104.928646, 103.582966, 99.831985, 98.1696 ] }, { "date": "2025-07-11", "close": 106.285316, "volume": 3300, "typical_volume": 898.0, "trend": 96.671466, "fair_value": 87.456915, "relative_strength": 4.516911, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.127602, "energy": 88.036036, "activity_lines": [ 105.499808, 104.30688, 100.683593, 98.814449 ] }, { "date": "2025-07-18", "close": 107.769623, "volume": 22, "typical_volume": 835.35, "trend": 97.189927, "fair_value": 87.632864, "relative_strength": 5.216247, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.478551, "energy": 93.215465, "activity_lines": [ 106.412633, 105.160809, 101.630126, 99.530459 ] }, { "date": "2025-07-25", "close": 107.890495, "volume": 428, "typical_volume": 856.75, "trend": 97.682602, "fair_value": 87.797855, "relative_strength": 3.664227, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.992436, "energy": 91.491151, "activity_lines": [ 107.13851, 105.872064, 102.522899, 100.220818 ] }, { "date": "2025-08-01", "close": 105.468224, "volume": 0, "typical_volume": 840.75, "trend": 98.10646, "fair_value": 87.950963, "relative_strength": 1.74197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.927892, "energy": 85.843944, "activity_lines": [ 106.720133, 106.005332, 103.120905, 100.723117 ] }, { "date": "2025-08-08", "close": 108.59156, "volume": 1425, "typical_volume": 564.0, "trend": 98.683585, "fair_value": 88.110427, "relative_strength": 4.238413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.852512, "energy": 73.012439, "activity_lines": [ 107.355116, 106.623319, 103.957318, 101.399575 ] }, { "date": "2025-08-15", "close": 110.003349, "volume": 0, "typical_volume": 536.8, "trend": 99.229444, "fair_value": 88.292469, "relative_strength": 4.890531, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.001609, "energy": 72.961559, "activity_lines": [ 108.289218, 107.371848, 104.85419, 102.129882 ] }, { "date": "2025-08-22", "close": 111.66655, "volume": 40, "typical_volume": 497.65, "trend": 99.775141, "fair_value": 88.483708, "relative_strength": 4.269861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.74261, "energy": 74.288756, "activity_lines": [ 109.529851, 108.313421, 105.830653, 102.932276 ] }, { "date": "2025-08-29", "close": 110.71891, "volume": 0, "typical_volume": 458.95, "trend": 100.277325, "fair_value": 88.681489, "relative_strength": 4.744348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.369037, "energy": 70.024783, "activity_lines": [ 110.194809, 108.949868, 106.590191, 103.638326 ] }, { "date": "2025-09-05", "close": 110.457825, "volume": 1001, "typical_volume": 484.55, "trend": 100.7866, "fair_value": 88.874477, "relative_strength": 4.131028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.670404, "energy": 71.950361, "activity_lines": [ 110.584178, 109.395557, 107.211797, 104.295132 ] }, { "date": "2025-09-12", "close": 112.377274, "volume": 0, "typical_volume": 484.55, "trend": 101.269927, "fair_value": 89.099314, "relative_strength": 4.971146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.902027, "energy": 71.403683, "activity_lines": [ 111.280723, 110.102857, 107.928626, 105.042917 ] }, { "date": "2025-09-19", "close": 110.941315, "volume": 1596, "typical_volume": 564.35, "trend": 101.750193, "fair_value": 89.338246, "relative_strength": 4.328829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.667015, "energy": 64.966355, "activity_lines": [ 111.246234, 110.433476, 108.426528, 105.666878 ] }, { "date": "2025-09-26", "close": 109.55854, "volume": 0, "typical_volume": 564.3, "trend": 102.26672, "fair_value": 89.576431, "relative_strength": 2.324601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.894621, "energy": 61.454336, "activity_lines": [ 110.688289, 110.428026, 108.733935, 106.170642 ] }, { "date": "2025-10-03", "close": 112.884933, "volume": 0, "typical_volume": 564.15, "trend": 102.881718, "fair_value": 89.826138, "relative_strength": 3.160469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.157297, "energy": 65.36894, "activity_lines": [ 111.379676, 110.994849, 109.3065, 106.855688 ] }, { "date": "2025-10-10", "close": 109.645561, "volume": 2874, "typical_volume": 642.8, "trend": 103.434345, "fair_value": 90.070732, "relative_strength": 0.938505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.037922, "energy": 43.129697, "activity_lines": [ 110.846871, 110.881888, 109.510739, 107.292065 ] }, { "date": "2025-10-17", "close": 109.645561, "volume": 311, "typical_volume": 626.1, "trend": 103.987456, "fair_value": 90.314747, "relative_strength": 1.739057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.754041, "energy": 35.917207, "activity_lines": [ 110.368216, 110.692975, 109.673306, 107.692789 ] }, { "date": "2025-10-24", "close": 110.664948, "volume": 1284, "typical_volume": 690.3, "trend": 104.56117, "fair_value": 90.561818, "relative_strength": -0.368323, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.705035, "energy": 34.326557, "activity_lines": [ 110.411472, 110.670242, 109.894901, 108.123595 ] }, { "date": "2025-10-31", "close": 110.225746, "volume": 2, "typical_volume": 690.4, "trend": 105.399862, "fair_value": 90.788599, "relative_strength": -1.434805, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.791266, "energy": 23.987564, "activity_lines": [ 110.326751, 110.555624, 110.042874, 108.489051 ] }, { "date": "2025-11-07", "close": 109.316795, "volume": 1062, "typical_volume": 743.5, "trend": 106.144596, "fair_value": 90.974521, "relative_strength": -1.778799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.586837, "energy": 20.126022, "activity_lines": [ 109.894566, 110.30194, 110.076354, 108.741757 ] }, { "date": "2025-11-14", "close": 109.703575, "volume": 331, "typical_volume": 755.8, "trend": 106.732518, "fair_value": 91.155082, "relative_strength": -1.501495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.598088, "energy": 17.916526, "activity_lines": [ 109.829183, 110.144072, 110.115819, 108.971368 ] }, { "date": "2025-11-21", "close": 105.729301, "volume": 0, "typical_volume": 683.8, "trend": 107.086109, "fair_value": 91.307186, "relative_strength": -3.380814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.042924, "energy": 18.058106, "activity_lines": [ 108.435175, 109.277322, 109.757488, 108.906645 ] }, { "date": "2025-11-28", "close": 108.794624, "volume": 2, "typical_volume": 518.9, "trend": 107.426163, "fair_value": 91.464722, "relative_strength": -2.320302, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.409669, "energy": 17.190235, "activity_lines": [ 108.324026, 109.088776, 109.692475, 109.016871 ] }, { "date": "2025-12-05", "close": 109.573044, "volume": 0, "typical_volume": 517.8, "trend": 107.788135, "fair_value": 91.624384, "relative_strength": -1.025692, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.577474, "energy": 14.889201, "activity_lines": [ 108.597038, 109.080791, 109.689647, 109.15538 ] }, { "date": "2025-12-12", "close": 109.800003, "volume": 0, "typical_volume": 496.4, "trend": 108.104005, "fair_value": 91.800282, "relative_strength": -0.627761, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.469067, "energy": 13.673723, "activity_lines": [ 108.989216, 109.113808, 109.699846, 109.285178 ] }, { "date": "2025-12-19", "close": 110.305, "volume": 473, "typical_volume": 520.05, "trend": 108.417691, "fair_value": 91.977443, "relative_strength": -2.633433, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.527639, "energy": 19.738939, "activity_lines": [ 109.517513, 109.294733, 109.749048, 109.427177 ] }, { "date": "2025-12-26", "close": 112.260002, "volume": 1069, "typical_volume": 502.25, "trend": 108.771241, "fair_value": 92.164287, "relative_strength": -0.631056, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.322243, "energy": 35.046557, "activity_lines": [ 110.657382, 109.819122, 109.961408, 109.675068 ] }, { "date": "2026-01-02", "close": 111.300003, "volume": 480, "typical_volume": 526.25, "trend": 109.01495, "fair_value": 92.330253, "relative_strength": -2.26143, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.448358, "energy": 43.941713, "activity_lines": [ 111.041872, 110.121431, 110.064871, 109.838214 ] }, { "date": "2026-01-09", "close": 112.339996, "volume": 3437, "typical_volume": 696.1, "trend": 109.280915, "fair_value": 92.486243, "relative_strength": -3.043549, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.594241, "energy": 63.428032, "activity_lines": [ 111.606, 110.601283, 110.261206, 110.052734 ] }, { "date": "2026-01-16", "close": 113.760002, "volume": 0, "typical_volume": 696.1, "trend": 109.644981, "fair_value": 92.64341, "relative_strength": -2.897215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.049317, "energy": 75.112832, "activity_lines": [ 112.459, 111.300877, 110.589574, 110.341707 ] }, { "date": "2026-01-23", "close": 115.900002, "volume": 1441, "typical_volume": 718.1, "trend": 109.986582, "fair_value": 92.800445, "relative_strength": -0.21082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.603009, "energy": 83.287215, "activity_lines": [ 113.761334, 112.308777, 111.107269, 110.745257 ] }, { "date": "2026-01-30", "close": 118.349998, "volume": 4024, "typical_volume": 919.3, "trend": 110.397602, "fair_value": 92.980463, "relative_strength": 1.007173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.560043, "energy": 91.66743, "activity_lines": [ 115.507333, 113.649468, 111.832382, 111.284832 ] }, { "date": "2026-02-06", "close": 118.735001, "volume": 14564, "typical_volume": 1567.7, "trend": 110.812592, "fair_value": 93.175444, "relative_strength": -0.179422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.209274, "energy": 94.00065, "activity_lines": [ 116.975667, 114.830692, 112.56572, 111.822728 ] }, { "date": "2026-02-13", "close": 121.220001, "volume": 0, "typical_volume": 1567.7, "trend": 111.260938, "fair_value": 93.399556, "relative_strength": 1.095395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.575267, "energy": 96.04843, "activity_lines": [ 118.776667, 116.283001, 113.498613, 112.494174 ] }, { "date": "2026-02-20", "close": 123.300003, "volume": 4447, "typical_volume": 1790.05, "trend": 111.774588, "fair_value": 93.653248, "relative_strength": 0.450393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.583723, "energy": 97.137127, "activity_lines": [ 120.679001, 117.901728, 114.574069, 113.270888 ] }, { "date": "2026-02-27", "close": 125.105003, "volume": 137, "typical_volume": 1653.2, "trend": 112.429147, "fair_value": 93.907651, "relative_strength": -0.300521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.675994, "energy": 97.275526, "activity_lines": [ 122.547002, 119.603183, 115.771836, 114.130915 ] }, { "date": "2026-03-06", "close": 118.044998, "volume": 2, "typical_volume": 1637.75, "trend": 112.744262, "fair_value": 94.132312, "relative_strength": -0.302419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.007307, "energy": 82.016765, "activity_lines": [ 121.448001, 119.75191, 116.223604, 114.493228 ] }, { "date": "2026-03-13", "close": 116.724998, "volume": 0, "typical_volume": 1573.55, "trend": 112.968317, "fair_value": 94.357508, "relative_strength": -1.288496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.25192, "energy": 58.914963, "activity_lines": [ 119.929333, 119.555455, 116.509661, 114.750049 ] }, { "date": "2026-03-20", "close": 115.25, "volume": 1029, "typical_volume": 1624.9, "trend": 113.087765, "fair_value": 94.571332, "relative_strength": 0.689465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.335088, "energy": 33.570548, "activity_lines": [ 118.053, 118.992182, 116.626384, 114.897255 ] }, { "date": "2026-03-27", "close": 114.334999, "volume": 1784, "typical_volume": 1661.0, "trend": 113.208302, "fair_value": 94.75791, "relative_strength": -0.714202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.331452, "energy": 31.938644, "activity_lines": [ 116.269666, 118.209636, 116.632039, 114.977722 ] }, { "date": "2026-04-03", "close": 117.779999, "volume": 8568, "typical_volume": 2072.85, "trend": 113.452374, "fair_value": 94.966655, "relative_strength": -2.435684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.839372, "energy": 29.054583, "activity_lines": [ 116.232332, 118.043, 116.941894, 115.27267 ] }, { "date": "2026-04-10", "close": 123.75, "volume": 0, "typical_volume": 2072.85, "trend": 113.831465, "fair_value": 95.207351, "relative_strength": 0.795545, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.3799, "energy": 29.916308, "activity_lines": [ 118.673333, 118.927636, 117.781861, 115.937033 ] }, { "date": "2026-04-17", "close": 124.68, "volume": 2376, "typical_volume": 2191.55, "trend": 114.289421, "fair_value": 95.457817, "relative_strength": 0.820038, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.008539, "energy": 52.380677, "activity_lines": [ 121.044, 119.883182, 118.624586, 116.636938 ] }, { "date": "2026-04-24", "close": 120.739998, "volume": 2451, "typical_volume": 2314.1, "trend": 114.662136, "fair_value": 95.68486, "relative_strength": 0.293057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.096021, "energy": 57.156594, "activity_lines": [ 121.570999, 120.014272, 119.016428, 117.053104 ] }, { "date": "2026-05-01", "close": 122.235001, "volume": 9221, "typical_volume": 2775.15, "trend": 114.973805, "fair_value": 95.920386, "relative_strength": 1.628997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.50629, "energy": 68.882116, "activity_lines": [ 122.230333, 120.425909, 119.497476, 117.541676 ] }, { "date": "2026-05-08", "close": 123.160004, "volume": 3225, "typical_volume": 2912.75, "trend": 115.424287, "fair_value": 96.171686, "relative_strength": 3.621686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.694779, "energy": 65.292896, "activity_lines": [ 122.671335, 121.025091, 120.007405, 118.069818 ] }, { "date": "2026-05-15", "close": 121.105003, "volume": 3900, "typical_volume": 3054.3, "trend": 115.806268, "fair_value": 96.409361, "relative_strength": 2.21421, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.407065, "energy": 40.087412, "activity_lines": [ 122.068669, 121.286001, 120.260405, 118.436316 ] }, { "date": "2026-05-22", "close": 121.035004, "volume": 13199, "typical_volume": 3690.25, "trend": 116.151937, "fair_value": 96.66086, "relative_strength": -0.487495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.06315, "energy": 35.161053, "activity_lines": [ 121.619003, 121.478547, 120.46462, 118.773654 ] }, { "date": "2026-05-29", "close": 122.285004, "volume": 1896, "typical_volume": 3613.2, "trend": 116.553912, "fair_value": 96.914195, "relative_strength": 1.064051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.311243, "energy": 34.032676, "activity_lines": [ 121.829004, 121.820002, 120.741525, 119.169336 ] }, { "date": "2026-06-05", "close": 117.849998, "volume": 0, "typical_volume": 3613.2, "trend": 116.838352, "fair_value": 97.135377, "relative_strength": -2.149587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.413836, "energy": 14.429977, "activity_lines": [ 120.457669, 121.227183, 120.548691, 119.252954 ] }, { "date": "2026-06-12", "close": 120.82, "volume": 0, "typical_volume": 3541.15, "trend": 117.2089, "fair_value": 97.355515, "relative_strength": -0.63435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.518511, "energy": 16.421721, "activity_lines": [ 120.368668, 121.110456, 120.619239, 119.509834 ] }, { "date": "2026-06-19", "close": 119.925003, "volume": 0, "typical_volume": 3339.95, "trend": 117.68209, "fair_value": 97.59767, "relative_strength": -0.314358, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.543997, "energy": 15.759382, "activity_lines": [ 120.137335, 120.775729, 120.58112, 119.685067 ] }, { "date": "2026-06-26", "close": 118.790001, "volume": 0, "typical_volume": 2611.75, "trend": 118.015269, "fair_value": 97.824681, "relative_strength": -2.504045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.817991, "energy": 12.974021, "activity_lines": [ 119.606334, 120.304183, 120.427406, 119.756545 ] }, { "date": "2026-07-03", "close": 119.925003, "volume": 0, "typical_volume": 2611.75, "trend": 118.360334, "fair_value": 98.070193, "relative_strength": -3.022109, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.922219, "energy": 11.289515, "activity_lines": [ 119.603335, 120.146093, 120.381525, 119.879754 ] }, { "date": "2026-07-10", "close": 122.07, "volume": 3868, "typical_volume": 2582.8, "trend": 118.769334, "fair_value": 98.300176, "relative_strength": 0.464229, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.310373, "energy": 15.898224, "activity_lines": [ 120.472668, 120.39282, 120.546096, 120.119087 ] }, { "date": "2026-07-17", "close": 122.940002, "volume": 3951, "typical_volume": 2773.5, "trend": 119.190501, "fair_value": 98.541942, "relative_strength": 0.260661, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 58.105406, "energy": 31.174821, "activity_lines": [ 121.350668, 120.800729, 120.799382, 120.388162 ] }, { "date": "2026-07-24", "close": 124.050003, "volume": 582, "typical_volume": 2802.5, "trend": 119.583501, "fair_value": 98.782615, "relative_strength": -0.067986, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 68.363009, "energy": 61.577551, "activity_lines": [ 122.457335, 121.414456, 121.168692, 120.701679 ] }, { "date": "2026-07-31", "close": 125.809998, "volume": 300, "typical_volume": 2817.5, "trend": 120.067167, "fair_value": 99.049548, "relative_strength": 0.128795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.892409, "energy": 77.643853, "activity_lines": [ 123.875667, 122.294637, 121.677025, 121.103388 ] }, { "date": "2026-08-07", "close": 129.485001, "volume": 3191, "typical_volume": 2925.6, "trend": 120.638668, "fair_value": 99.352648, "relative_strength": 2.752026, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.675139, "energy": 91.835649, "activity_lines": [ 126.051001, 123.756183, 122.492097, 121.71099 ] } ], "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." } } }