{ "ticker": { "uuid": "ffa7586b-ebd1-4f95-af16-905149cc66ec", "symbol": "SCST", "name": "Scandi Standard AB (publ)", "exchange": "STO", "country": "SE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^OMX", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 81.422, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 7.398, "architecture_energy": 13.473, "architecture_maturity": 40.206, "architecture_confidence": 70.067, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 54.87, "rotation_up": 21.97, "upward_expansion": 42.89, "deceleration": 75.08, "rotation_down": 36.44, "downward_expansion": 34.56 }, "activity_lines": [ 139.506669, 141.487273, 143.664604, 142.654488 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 142.600006, "trend_reference": 137.357383, "distance_from_trend": 0.038168, "trend_direction": "Improving", "fair_value": 88.029262, "distance_from_fair_value": 0.619916, "fair_value_direction": "Weakening", "relative_strength": 7.227932, "relative_strength_direction": "Weakening", "price_momentum": 0.219411, "excess_performance": 0.157916, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.038168, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.129772, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.619916, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.21376, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.072279, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.184973, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.219411, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.362744, "read": "Supply-led" } ], "volume": { "latest": 391794, "relative_activity": 1.389913, "balance": 0.362744, "dry_up": 1.167255, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.077355, "annualized_volatility": 0.362991, "from_high_reference": -0.138982, "from_low_reference": 0.630479 }, "levels": { "trend_reference": 137.357383, "fair_value_reference": 88.029262, "structural_low": 115.75452, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": 0.012596, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.001191, "regime_survival": 0.625, "best_return": 0.053571, "worst_return": -0.073823, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.007524, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.029076, "regime_survival": 0.0, "best_return": 0.059184, "worst_return": -0.012034, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.065549, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.077577, "regime_survival": 0.0, "best_return": 0.320204, "worst_return": -0.01444, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.15263, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.04518, "regime_survival": 0.0, "best_return": 0.199004, "worst_return": 0.106256, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-03-10", "end": "2023-06-16", "tenure": "Established", "return": -0.035369, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-06-23", "end": "2023-11-10", "tenure": "Established", "return": 0.085437, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-17", "end": "2024-10-11", "tenure": "Extended", "return": 0.497334, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-12-06", "tenure": "Developing", "return": 0.01083, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-01-17", "tenure": "Developing", "return": -0.036385, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-04-04", "tenure": "Developing", "return": -0.042945, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-04-25", "tenure": "New", "return": 0.069532, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-09", "tenure": "New", "return": 0.015784, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-08-08", "tenure": "Established", "return": 0.021505, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.01975, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-10-03", "tenure": "Developing", "return": -0.037073, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-12-26", "tenure": "Developing", "return": 0.081858, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-05-15", "tenure": "Established", "return": 0.427915, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.016552, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 51.192997, "volume": 215117, "typical_volume": 332162.5, "trend": 48.376267, "fair_value": 47.546917, "relative_strength": 7.817696, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.130537, "energy": 56.09213, "activity_lines": [ 49.926428, 49.11022, 48.818098, 48.675669 ] }, { "date": "2023-08-25", "close": 46.607147, "volume": 1675679, "typical_volume": 411320.05, "trend": 48.391033, "fair_value": 47.416378, "relative_strength": -1.981295, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.105405, "energy": 19.206604, "activity_lines": [ 49.021737, 48.735865, 48.609566, 48.561532 ] }, { "date": "2023-09-01", "close": 50.537868, "volume": 1113858, "typical_volume": 457253.1, "trend": 48.567965, "fair_value": 47.32429, "relative_strength": 4.400332, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.257921, "energy": 38.864919, "activity_lines": [ 49.520875, 49.105114, 48.783311, 48.700038 ] }, { "date": "2023-09-08", "close": 48.57251, "volume": 238484, "typical_volume": 451075.75, "trend": 48.545962, "fair_value": 47.233433, "relative_strength": 0.883934, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.662325, "energy": 19.189053, "activity_lines": [ 49.196434, 49.074485, 48.757776, 48.700331 ] }, { "date": "2023-09-15", "close": 47.823799, "volume": 182298, "typical_volume": 425407.5, "trend": 48.623877, "fair_value": 47.149301, "relative_strength": -1.310289, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.865681, "energy": 12.122908, "activity_lines": [ 48.628662, 48.894114, 48.663424, 48.65374 ] }, { "date": "2023-09-22", "close": 48.198151, "volume": 206049, "typical_volume": 395809.55, "trend": 48.609241, "fair_value": 47.072179, "relative_strength": 0.994426, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.454608, "energy": 4.968086, "activity_lines": [ 48.379091, 48.786912, 48.608162, 48.626274 ] }, { "date": "2023-09-29", "close": 48.759686, "volume": 327145, "typical_volume": 393897.15, "trend": 48.544626, "fair_value": 46.985979, "relative_strength": 2.724323, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.065193, "energy": 7.603304, "activity_lines": [ 48.516355, 48.773299, 48.613955, 48.63598 ] }, { "date": "2023-10-06", "close": 47.543037, "volume": 259163, "typical_volume": 390887.55, "trend": 48.463881, "fair_value": 46.895438, "relative_strength": 0.355853, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.459018, "energy": 11.992205, "activity_lines": [ 48.104566, 48.524864, 48.516356, 48.571361 ] }, { "date": "2023-10-13", "close": 46.653938, "volume": 410288, "typical_volume": 390435.95, "trend": 48.440516, "fair_value": 46.807841, "relative_strength": -2.890094, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.636973, "energy": 28.619, "activity_lines": [ 47.596066, 48.123283, 48.359483, 48.454591 ] }, { "date": "2023-10-20", "close": 45.343697, "volume": 309155, "typical_volume": 388414.85, "trend": 48.450416, "fair_value": 46.72337, "relative_strength": -0.340657, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.98143, "energy": 51.483007, "activity_lines": [ 46.778725, 47.520061, 48.083396, 48.254796 ] }, { "date": "2023-10-27", "close": 50.069923, "volume": 958599, "typical_volume": 412078.25, "trend": 48.53481, "fair_value": 46.696855, "relative_strength": 11.552915, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -33.048569, "energy": 24.07076, "activity_lines": [ 47.702132, 47.873995, 48.262997, 48.35928 ] }, { "date": "2023-11-03", "close": 52.03529, "volume": 473826, "typical_volume": 414868.4, "trend": 48.660291, "fair_value": 46.659312, "relative_strength": 11.611647, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.781132, "energy": 12.157059, "activity_lines": [ 49.155876, 48.605689, 48.615069, 48.585118 ] }, { "date": "2023-11-10", "close": 52.316059, "volume": 500337, "typical_volume": 420495.9, "trend": 48.804291, "fair_value": 46.602824, "relative_strength": 12.493685, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.26854, "energy": 45.940958, "activity_lines": [ 50.484837, 49.289738, 48.975608, 48.820974 ] }, { "date": "2023-11-17", "close": 52.877586, "volume": 218722, "typical_volume": 419741.15, "trend": 48.93037, "fair_value": 46.577596, "relative_strength": 9.243226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.812857, "energy": 56.932435, "activity_lines": [ 51.682772, 50.043552, 49.370018, 49.083767 ] }, { "date": "2023-11-24", "close": 52.971172, "volume": 127997, "typical_volume": 417290.65, "trend": 49.077887, "fair_value": 46.531647, "relative_strength": 7.886023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.075529, "energy": 73.327059, "activity_lines": [ 52.496992, 50.736107, 49.749274, 49.344464 ] }, { "date": "2023-12-01", "close": 53.064766, "volume": 338179, "typical_volume": 410936.8, "trend": 49.187074, "fair_value": 46.488602, "relative_strength": 6.968238, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.543279, "energy": 75.132866, "activity_lines": [ 52.833912, 51.352091, 50.11427, 49.601682 ] }, { "date": "2023-12-08", "close": 52.503231, "volume": 237825, "typical_volume": 410877.45, "trend": 49.22451, "fair_value": 46.446568, "relative_strength": 2.873446, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.931694, "energy": 69.298207, "activity_lines": [ 52.783998, 51.777494, 50.400384, 49.815627 ] }, { "date": "2023-12-15", "close": 52.222462, "volume": 187777, "typical_volume": 414297.4, "trend": 49.202672, "fair_value": 46.395243, "relative_strength": -0.684573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.275944, "energy": 55.175244, "activity_lines": [ 52.609297, 52.083784, 50.638366, 50.009044 ] }, { "date": "2023-12-22", "close": 52.222462, "volume": 128144, "typical_volume": 413821.8, "trend": 49.349294, "fair_value": 46.34046, "relative_strength": -0.298635, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.495601, "energy": 37.830865, "activity_lines": [ 52.440837, 52.304993, 50.856294, 50.203869 ] }, { "date": "2023-12-29", "close": 53.813473, "volume": 215938, "typical_volume": 416229.0, "trend": 49.592625, "fair_value": 46.288961, "relative_strength": 1.791876, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.82215, "energy": 41.059749, "activity_lines": [ 52.846388, 52.714231, 51.208811, 50.49188 ] }, { "date": "2024-01-05", "close": 54.936543, "volume": 251058, "typical_volume": 418026.05, "trend": 49.857793, "fair_value": 46.238899, "relative_strength": 6.42845, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.597128, "energy": 47.635796, "activity_lines": [ 53.570143, 53.173667, 51.65358, 50.836649 ] }, { "date": "2024-01-12", "close": 57.369839, "volume": 428699, "typical_volume": 355677.05, "trend": 50.163516, "fair_value": 46.22518, "relative_strength": 9.900112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.754203, "energy": 70.890502, "activity_lines": [ 54.980211, 53.987037, 52.312266, 51.321298 ] }, { "date": "2024-01-19", "close": 56.901894, "volume": 197176, "typical_volume": 309842.95, "trend": 50.45364, "fair_value": 46.18714, "relative_strength": 11.381992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.793096, "energy": 78.145039, "activity_lines": [ 55.909858, 54.618334, 52.875134, 51.756032 ] }, { "date": "2024-01-26", "close": 58.492908, "volume": 193766, "typical_volume": 307607.05, "trend": 50.809277, "fair_value": 46.1714, "relative_strength": 10.658317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.947454, "energy": 89.082181, "activity_lines": [ 57.057879, 55.455528, 53.559223, 52.274694 ] }, { "date": "2024-02-02", "close": 60.926208, "volume": 371593, "typical_volume": 317071.8, "trend": 51.236665, "fair_value": 46.16953, "relative_strength": 14.774659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.904359, "energy": 94.432546, "activity_lines": [ 58.598972, 56.633043, 54.427815, 52.927399 ] }, { "date": "2024-02-09", "close": 60.364681, "volume": 526595, "typical_volume": 333099.1, "trend": 51.657814, "fair_value": 46.1825, "relative_strength": 14.142999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.600196, "energy": 88.682328, "activity_lines": [ 59.478706, 57.563825, 55.180535, 53.516304 ] }, { "date": "2024-02-16", "close": 62.891563, "volume": 477664, "typical_volume": 340625.05, "trend": 52.153834, "fair_value": 46.230683, "relative_strength": 15.550025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.835234, "energy": 92.681141, "activity_lines": [ 60.838858, 58.821315, 56.115975, 54.241061 ] }, { "date": "2024-02-23", "close": 62.23645, "volume": 247864, "typical_volume": 340060.1, "trend": 52.628016, "fair_value": 46.287345, "relative_strength": 12.763812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.714306, "energy": 84.852609, "activity_lines": [ 61.612525, 59.770814, 56.921729, 54.891553 ] }, { "date": "2024-03-01", "close": 63.73386, "volume": 382311, "typical_volume": 338661.25, "trend": 53.130275, "fair_value": 46.341504, "relative_strength": 13.927786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.731512, "energy": 80.904043, "activity_lines": [ 62.529691, 60.810497, 57.800125, 55.608059 ] }, { "date": "2024-03-08", "close": 62.42363, "volume": 359198, "typical_volume": 341163.4, "trend": 53.520228, "fair_value": 46.37574, "relative_strength": 10.195654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.896494, "energy": 65.513757, "activity_lines": [ 62.660716, 61.402659, 58.472403, 56.20763 ] }, { "date": "2024-03-15", "close": 65.512062, "volume": 562473, "typical_volume": 321357.1, "trend": 53.99753, "fair_value": 46.433807, "relative_strength": 13.247667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.652598, "energy": 68.527459, "activity_lines": [ 63.721392, 62.399805, 59.357485, 56.981297 ] }, { "date": "2024-03-22", "close": 64.856934, "volume": 183004, "typical_volume": 306816.0, "trend": 54.605856, "fair_value": 46.485369, "relative_strength": 11.705557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.099851, "energy": 64.415823, "activity_lines": [ 64.220532, 63.085555, 60.10664, 57.681904 ] }, { "date": "2024-03-29", "close": 67.009476, "volume": 162634, "typical_volume": 289930.85, "trend": 55.15491, "fair_value": 46.553035, "relative_strength": 15.641587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.730864, "energy": 67.777389, "activity_lines": [ 65.306161, 64.026547, 60.999744, 58.482137 ] }, { "date": "2024-04-05", "close": 68.506889, "volume": 402021, "typical_volume": 299095.8, "trend": 55.819389, "fair_value": 46.613589, "relative_strength": 18.341726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.316047, "energy": 69.86615, "activity_lines": [ 66.572727, 65.056022, 61.965489, 59.343555 ] }, { "date": "2024-04-12", "close": 69.629959, "volume": 333762, "typical_volume": 309384.05, "trend": 56.546261, "fair_value": 46.674426, "relative_strength": 19.536364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.016636, "energy": 81.573345, "activity_lines": [ 67.895447, 66.107619, 62.963769, 60.23456 ] }, { "date": "2024-04-19", "close": 69.536362, "volume": 841652, "typical_volume": 334557.7, "trend": 57.257535, "fair_value": 46.736969, "relative_strength": 19.025587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.029466, "energy": 81.383343, "activity_lines": [ 68.706547, 66.983949, 63.873807, 61.072631 ] }, { "date": "2024-04-26", "close": 70.659431, "volume": 310709, "typical_volume": 338201.9, "trend": 57.987526, "fair_value": 46.807287, "relative_strength": 17.7118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.649903, "energy": 81.046922, "activity_lines": [ 69.623716, 67.897714, 64.812367, 61.937269 ] }, { "date": "2024-05-03", "close": 69.723541, "volume": 313696, "typical_volume": 344497.85, "trend": 58.726876, "fair_value": 46.866419, "relative_strength": 16.45964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.383068, "energy": 63.794149, "activity_lines": [ 69.842088, 68.500085, 65.575338, 62.694431 ] }, { "date": "2024-05-10", "close": 72.242531, "volume": 1130410, "typical_volume": 394611.15, "trend": 59.579829, "fair_value": 46.956672, "relative_strength": 16.208099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.985121, "energy": 67.138823, "activity_lines": [ 70.719186, 69.424324, 66.494873, 63.566409 ] }, { "date": "2024-05-17", "close": 72.147469, "volume": 387041, "typical_volume": 403166.3, "trend": 60.473288, "fair_value": 47.031636, "relative_strength": 16.761672, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.011747, "energy": 64.386385, "activity_lines": [ 71.315554, 70.176576, 67.310021, 64.377225 ] }, { "date": "2024-05-24", "close": 71.101852, "volume": 248274, "typical_volume": 403027.1, "trend": 61.174353, "fair_value": 47.128668, "relative_strength": 13.535977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.392566, "energy": 57.355991, "activity_lines": [ 71.395549, 70.561919, 67.938282, 65.062938 ] }, { "date": "2024-05-31", "close": 73.193085, "volume": 296474, "typical_volume": 396415.85, "trend": 61.879613, "fair_value": 47.233821, "relative_strength": 17.053379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.68309, "energy": 58.817049, "activity_lines": [ 72.068256, 71.225854, 68.688731, 65.83834 ] }, { "date": "2024-06-07", "close": 72.622749, "volume": 185295, "typical_volume": 395821.8, "trend": 62.556502, "fair_value": 47.355868, "relative_strength": 14.611039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.202161, "energy": 55.03393, "activity_lines": [ 72.381941, 71.634525, 69.309513, 66.531446 ] }, { "date": "2024-06-14", "close": 72.527702, "volume": 128722, "typical_volume": 392569.6, "trend": 63.211506, "fair_value": 47.484938, "relative_strength": 16.529319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.463187, "energy": 52.817986, "activity_lines": [ 72.470662, 71.923855, 69.846381, 67.174749 ] }, { "date": "2024-06-21", "close": 75.189262, "volume": 148933, "typical_volume": 381436.6, "trend": 63.952109, "fair_value": 47.635181, "relative_strength": 19.510544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.475705, "energy": 58.125598, "activity_lines": [ 73.427559, 72.623999, 70.569899, 67.947508 ] }, { "date": "2024-06-28", "close": 73.76342, "volume": 152070, "typical_volume": 362710.35, "trend": 64.642064, "fair_value": 47.766888, "relative_strength": 16.70646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.17487, "energy": 51.996555, "activity_lines": [ 73.706389, 72.963821, 71.089704, 68.580496 ] }, { "date": "2024-07-05", "close": 73.288132, "volume": 155801, "typical_volume": 346617.2, "trend": 65.334894, "fair_value": 47.894375, "relative_strength": 15.883558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.542389, "energy": 48.551559, "activity_lines": [ 73.649352, 73.140372, 71.500439, 69.138306 ] }, { "date": "2024-07-12", "close": 73.193085, "volume": 232896, "typical_volume": 345868.8, "trend": 66.033915, "fair_value": 48.028885, "relative_strength": 11.900685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.689251, "energy": 44.494516, "activity_lines": [ 73.554296, 73.251846, 71.852615, 69.645286 ] }, { "date": "2024-07-19", "close": 71.101852, "volume": 681519, "typical_volume": 360829.2, "trend": 66.663228, "fair_value": 48.145293, "relative_strength": 10.717103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.912326, "energy": 27.74567, "activity_lines": [ 72.72414, 72.920014, 71.953451, 69.97225 ] }, { "date": "2024-07-26", "close": 76.805214, "volume": 238056, "typical_volume": 354772.1, "trend": 67.429619, "fair_value": 48.301784, "relative_strength": 18.448166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.051233, "energy": 38.923823, "activity_lines": [ 73.890161, 73.645897, 72.562379, 70.626572 ] }, { "date": "2024-08-02", "close": 76.995331, "volume": 295076, "typical_volume": 341402.25, "trend": 68.164912, "fair_value": 48.458319, "relative_strength": 23.254224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.817554, "energy": 43.404126, "activity_lines": [ 75.011825, 74.32166, 73.120929, 71.243714 ] }, { "date": "2024-08-09", "close": 79.466774, "volume": 414448, "typical_volume": 352974.45, "trend": 68.901477, "fair_value": 48.622477, "relative_strength": 26.750342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.760016, "energy": 51.628652, "activity_lines": [ 76.741842, 75.339622, 73.860173, 71.972867 ] }, { "date": "2024-08-16", "close": 78.801384, "volume": 169981, "typical_volume": 353341.8, "trend": 69.63146, "fair_value": 48.786479, "relative_strength": 21.329078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.668355, "energy": 70.586658, "activity_lines": [ 77.838153, 76.122536, 74.466476, 72.61157 ] }, { "date": "2024-08-23", "close": 79.751945, "volume": 243049, "typical_volume": 345393.2, "trend": 70.340094, "fair_value": 48.966556, "relative_strength": 20.679487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.084259, "energy": 73.49172, "activity_lines": [ 78.877431, 76.965942, 75.107156, 73.264505 ] }, { "date": "2024-08-30", "close": 81.938232, "volume": 275904, "typical_volume": 342500.3, "trend": 71.040495, "fair_value": 49.141859, "relative_strength": 21.471204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.169144, "energy": 78.077394, "activity_lines": [ 80.068798, 78.075504, 75.902506, 74.012772 ] }, { "date": "2024-09-06", "close": 81.653061, "volume": 268332, "typical_volume": 313834.3, "trend": 71.750108, "fair_value": 49.342343, "relative_strength": 25.672633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.15824, "energy": 73.419619, "activity_lines": [ 80.822907, 79.010508, 76.612087, 74.697454 ] }, { "date": "2024-09-13", "close": 83.173958, "volume": 310128, "typical_volume": 313805.25, "trend": 72.426188, "fair_value": 49.56432, "relative_strength": 24.751615, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.018923, "energy": 73.909857, "activity_lines": [ 81.773467, 80.078591, 77.408816, 75.434476 ] }, { "date": "2024-09-20", "close": 83.028214, "volume": 182100, "typical_volume": 307225.45, "trend": 73.119247, "fair_value": 49.783013, "relative_strength": 21.050763, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.545802, "energy": 71.518903, "activity_lines": [ 82.4283, 80.940433, 78.132072, 76.118478 ] }, { "date": "2024-09-27", "close": 81.390762, "volume": 144466, "typical_volume": 257928.25, "trend": 73.70781, "fair_value": 49.994733, "relative_strength": 15.26774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.643916, "energy": 53.174037, "activity_lines": [ 82.255526, 81.325736, 78.636024, 76.652124 ] }, { "date": "2024-10-04", "close": 78.886436, "volume": 138212, "typical_volume": 245486.8, "trend": 74.25657, "fair_value": 50.241482, "relative_strength": 12.585014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.42074, "energy": 42.525753, "activity_lines": [ 81.138723, 81.068636, 78.857906, 76.986229 ] }, { "date": "2024-10-11", "close": 79.175392, "volume": 575996, "typical_volume": 261872.9, "trend": 74.712014, "fair_value": 50.485092, "relative_strength": 12.906873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.240798, "energy": 29.153662, "activity_lines": [ 80.321692, 80.826233, 79.075217, 77.303572 ] }, { "date": "2024-10-18", "close": 80.042282, "volume": 231729, "typical_volume": 258635.65, "trend": 75.218193, "fair_value": 50.734259, "relative_strength": 13.172177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.09037, "energy": 21.236167, "activity_lines": [ 79.958802, 80.701808, 79.336644, 77.647461 ] }, { "date": "2024-10-25", "close": 78.693794, "volume": 204583, "typical_volume": 259600.05, "trend": 75.60767, "fair_value": 50.9877, "relative_strength": 10.888516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.452288, "energy": 22.545553, "activity_lines": [ 79.355194, 80.321741, 79.437029, 77.871693 ] }, { "date": "2024-11-01", "close": 77.441635, "volume": 436223, "typical_volume": 274975.1, "trend": 75.905495, "fair_value": 51.226948, "relative_strength": 10.170048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.534026, "energy": 17.920147, "activity_lines": [ 78.623161, 79.715964, 79.38925, 77.990013 ] }, { "date": "2024-11-08", "close": 79.945961, "volume": 433419, "typical_volume": 289199.4, "trend": 76.249362, "fair_value": 51.509259, "relative_strength": 13.149621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.969725, "energy": 18.089714, "activity_lines": [ 78.989179, 79.607525, 79.556579, 78.250688 ] }, { "date": "2024-11-15", "close": 80.331245, "volume": 238794, "typical_volume": 293535.6, "trend": 76.609191, "fair_value": 51.790517, "relative_strength": 15.264446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.535132, "energy": 14.258051, "activity_lines": [ 79.41299, 79.60536, 79.73795, 78.514036 ] }, { "date": "2024-11-22", "close": 79.945961, "volume": 337769, "typical_volume": 302634.0, "trend": 76.918742, "fair_value": 52.077525, "relative_strength": 13.890013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.367083, "energy": 17.197547, "activity_lines": [ 79.631315, 79.557177, 79.851353, 78.729311 ] }, { "date": "2024-11-29", "close": 80.138603, "volume": 195784, "typical_volume": 300778.4, "trend": 77.265911, "fair_value": 52.356374, "relative_strength": 13.527059, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.395051, "energy": 24.206785, "activity_lines": [ 79.920277, 79.602711, 79.951398, 78.937044 ] }, { "date": "2024-12-06", "close": 80.909164, "volume": 274034, "typical_volume": 280404.15, "trend": 77.554799, "fair_value": 52.630767, "relative_strength": 9.596688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.770838, "energy": 27.049647, "activity_lines": [ 80.369771, 79.840885, 80.091757, 79.172093 ] }, { "date": "2024-12-13", "close": 82.06501, "volume": 247341, "typical_volume": 280868.4, "trend": 77.885383, "fair_value": 52.917561, "relative_strength": 12.895746, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.166806, "energy": 39.449454, "activity_lines": [ 80.973379, 80.297969, 80.295494, 79.463074 ] }, { "date": "2024-12-20", "close": 81.101807, "volume": 246228, "typical_volume": 278426.0, "trend": 78.218715, "fair_value": 53.201116, "relative_strength": 14.417736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.837087, "energy": 35.821314, "activity_lines": [ 81.114649, 80.522133, 80.382451, 79.670585 ] }, { "date": "2024-12-27", "close": 82.642937, "volume": 46352, "typical_volume": 260021.2, "trend": 78.53371, "fair_value": 53.490147, "relative_strength": 15.03426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.124378, "energy": 47.932258, "activity_lines": [ 81.718258, 80.991477, 80.596628, 79.956019 ] }, { "date": "2025-01-03", "close": 81.872368, "volume": 108107, "typical_volume": 256927.5, "trend": 78.842031, "fair_value": 53.773944, "relative_strength": 12.316909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.789979, "energy": 44.170158, "activity_lines": [ 81.885213, 81.273432, 80.722292, 80.171416 ] }, { "date": "2025-01-10", "close": 81.198128, "volume": 241391, "typical_volume": 256844.6, "trend": 79.131045, "fair_value": 54.053713, "relative_strength": 10.277031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.845739, "energy": 29.86281, "activity_lines": [ 81.711836, 81.375007, 80.76912, 80.323423 ] }, { "date": "2025-01-17", "close": 79.079071, "volume": 129804, "typical_volume": 249539.6, "trend": 79.260705, "fair_value": 54.331935, "relative_strength": 3.184435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.392013, "energy": 12.860733, "activity_lines": [ 80.812843, 81.022998, 80.607246, 80.320069 ] }, { "date": "2025-01-24", "close": 78.501152, "volume": 142383, "typical_volume": 243242.15, "trend": 79.41863, "fair_value": 54.604984, "relative_strength": 0.112297, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.741421, "energy": 11.423213, "activity_lines": [ 79.920273, 80.581675, 80.403947, 80.271066 ] }, { "date": "2025-01-31", "close": 80.909164, "volume": 146422, "typical_volume": 235056.85, "trend": 79.672664, "fair_value": 54.902864, "relative_strength": 2.844408, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.602977, "energy": 17.872781, "activity_lines": [ 80.003751, 80.611446, 80.444992, 80.36723 ] }, { "date": "2025-02-07", "close": 79.175392, "volume": 473268, "typical_volume": 249615.25, "trend": 79.872074, "fair_value": 55.178474, "relative_strength": 1.526921, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.28077, "energy": 19.226534, "activity_lines": [ 79.624889, 80.308474, 80.3317, 80.335147 ] }, { "date": "2025-02-14", "close": 82.546616, "volume": 495894, "typical_volume": 267186.65, "trend": 80.253566, "fair_value": 55.497419, "relative_strength": 2.555771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.193508, "energy": 15.327201, "activity_lines": [ 80.549568, 80.635964, 80.557824, 80.507699 ] }, { "date": "2025-02-21", "close": 81.679733, "volume": 352735, "typical_volume": 277912.8, "trend": 80.41605, "fair_value": 55.821962, "relative_strength": 0.917869, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.600856, "energy": 21.886532, "activity_lines": [ 81.095386, 80.776068, 80.695884, 80.599709 ] }, { "date": "2025-02-28", "close": 81.679733, "volume": 269528, "typical_volume": 262589.4, "trend": 80.572197, "fair_value": 56.145919, "relative_strength": 0.635468, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.441732, "energy": 24.766218, "activity_lines": [ 81.467826, 80.923176, 80.820643, 80.681237 ] }, { "date": "2025-03-07", "close": 80.234924, "volume": 317914, "typical_volume": 266898.65, "trend": 80.597802, "fair_value": 56.460614, "relative_strength": -1.581573, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.943782, "energy": 21.770999, "activity_lines": [ 81.146758, 80.797084, 80.795875, 80.659478 ] }, { "date": "2025-03-14", "close": 80.331245, "volume": 182060, "typical_volume": 265772.5, "trend": 80.648798, "fair_value": 56.770349, "relative_strength": -0.006468, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.844784, "energy": 4.718152, "activity_lines": [ 80.902747, 80.732287, 80.779363, 80.64228 ] }, { "date": "2025-03-21", "close": 78.019554, "volume": 158497, "typical_volume": 251886.2, "trend": 80.591051, "fair_value": 57.063503, "relative_strength": -1.184633, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.560914, "energy": 25.144225, "activity_lines": [ 79.811115, 80.275203, 80.534892, 80.472652 ] }, { "date": "2025-03-28", "close": 77.056351, "volume": 218153, "typical_volume": 241122.9, "trend": 80.428322, "fair_value": 57.347724, "relative_strength": 0.684541, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.528153, "energy": 44.960051, "activity_lines": [ 78.700219, 79.700784, 80.195936, 80.244607 ] }, { "date": "2025-04-04", "close": 75.129944, "volume": 174875, "typical_volume": 237926.95, "trend": 80.210885, "fair_value": 57.62171, "relative_strength": 8.748433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.091365, "energy": 61.682593, "activity_lines": [ 77.255413, 78.812885, 79.687273, 79.902776 ] }, { "date": "2025-04-11", "close": 76.189461, "volume": 425253, "typical_volume": 242301.15, "trend": 79.978068, "fair_value": 57.904601, "relative_strength": 10.349948, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.9057, "energy": 61.36482, "activity_lines": [ 76.600432, 78.178921, 79.304284, 79.643329 ] }, { "date": "2025-04-18", "close": 78.886436, "volume": 131086, "typical_volume": 239066.25, "trend": 79.840009, "fair_value": 58.18059, "relative_strength": 10.0759, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.400874, "energy": 49.722764, "activity_lines": [ 77.114141, 78.121128, 79.196038, 79.572901 ] }, { "date": "2025-04-25", "close": 81.487083, "volume": 246790, "typical_volume": 237704.05, "trend": 79.843219, "fair_value": 58.475833, "relative_strength": 9.946645, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.296954, "energy": 16.572722, "activity_lines": [ 78.591052, 78.541434, 79.341436, 79.679164 ] }, { "date": "2025-05-02", "close": 86.647743, "volume": 304164, "typical_volume": 240545.2, "trend": 80.10193, "fair_value": 58.790535, "relative_strength": 14.662322, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.633309, "energy": 22.331026, "activity_lines": [ 81.557015, 79.919306, 79.975573, 80.118166 ] }, { "date": "2025-05-09", "close": 88.01535, "volume": 197349, "typical_volume": 238101.25, "trend": 80.396595, "fair_value": 59.113534, "relative_strength": 16.50065, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.160134, "energy": 53.016278, "activity_lines": [ 84.33942, 81.455507, 80.718136, 80.628709 ] }, { "date": "2025-05-16", "close": 90.848251, "volume": 356781, "typical_volume": 253622.7, "trend": 80.756794, "fair_value": 59.466319, "relative_strength": 15.183349, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.542005, "energy": 78.672297, "activity_lines": [ 87.207099, 83.391587, 81.697577, 81.303009 ] }, { "date": "2025-05-23", "close": 89.382965, "volume": 236801, "typical_volume": 260057.4, "trend": 81.1131, "fair_value": 59.808419, "relative_strength": 15.630166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.187596, "energy": 78.814384, "activity_lines": [ 88.609097, 84.868282, 82.498394, 81.859536 ] }, { "date": "2025-05-30", "close": 88.699158, "volume": 80883, "typical_volume": 252032.0, "trend": 81.48835, "fair_value": 60.136271, "relative_strength": 13.467966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.968669, "energy": 76.191965, "activity_lines": [ 89.08339, 86.056072, 83.198322, 82.34896 ] }, { "date": "2025-06-06", "close": 88.894531, "volume": 94760, "typical_volume": 250279.8, "trend": 81.786636, "fair_value": 60.469956, "relative_strength": 12.048123, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.8854, "energy": 70.224447, "activity_lines": [ 89.142002, 87.08521, 83.881137, 82.826778 ] }, { "date": "2025-06-13", "close": 90.164459, "volume": 211844, "typical_volume": 253752.85, "trend": 82.11441, "fair_value": 60.83104, "relative_strength": 15.917757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.800259, "energy": 50.405645, "activity_lines": [ 89.474138, 88.130004, 84.638158, 83.367282 ] }, { "date": "2025-06-20", "close": 95.634888, "volume": 360715, "typical_volume": 264467.5, "trend": 82.637374, "fair_value": 61.235293, "relative_strength": 22.840187, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.87518, "energy": 59.126488, "activity_lines": [ 91.486477, 89.896066, 85.860633, 84.239571 ] }, { "date": "2025-06-27", "close": 94.071907, "volume": 202603, "typical_volume": 250934.25, "trend": 83.101817, "fair_value": 61.621894, "relative_strength": 17.360217, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.515454, "energy": 60.437694, "activity_lines": [ 92.658712, 91.024397, 86.86413, 84.977283 ] }, { "date": "2025-07-04", "close": 96.611748, "volume": 165437, "typical_volume": 234411.4, "trend": 83.625237, "fair_value": 62.02325, "relative_strength": 19.520533, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.254873, "energy": 77.046369, "activity_lines": [ 94.364965, 92.338418, 88.03858, 85.848891 ] }, { "date": "2025-07-11", "close": 97.100182, "volume": 199415, "typical_volume": 226745.4, "trend": 84.126409, "fair_value": 62.428676, "relative_strength": 17.862163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.293181, "energy": 84.854643, "activity_lines": [ 95.706524, 93.466251, 89.192572, 86.718243 ] }, { "date": "2025-07-18", "close": 91.238998, "volume": 434077, "typical_volume": 234972.85, "trend": 84.464316, "fair_value": 62.793712, "relative_strength": 10.141593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.452339, "energy": 55.208673, "activity_lines": [ 94.547311, 93.33837, 89.714924, 87.177119 ] }, { "date": "2025-07-25", "close": 93.192726, "volume": 402569, "typical_volume": 239205.6, "trend": 84.815975, "fair_value": 63.169863, "relative_strength": 9.539834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.959938, "energy": 46.40037, "activity_lines": [ 93.967705, 93.5071, 90.377826, 87.740243 ] }, { "date": "2025-08-01", "close": 92.313553, "volume": 329575, "typical_volume": 246581.35, "trend": 85.164015, "fair_value": 63.523703, "relative_strength": 11.27867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.805877, "energy": 33.964824, "activity_lines": [ 93.257852, 93.473354, 90.895293, 88.223957 ] }, { "date": "2025-08-08", "close": 92.801979, "volume": 335816, "typical_volume": 255447.3, "trend": 85.55081, "fair_value": 63.874685, "relative_strength": 8.672743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.595856, "energy": 25.621858, "activity_lines": [ 92.828031, 93.47513, 91.402218, 88.716729 ] }, { "date": "2025-08-15", "close": 93.97422, "volume": 271102, "typical_volume": 258094.75, "trend": 86.047315, "fair_value": 64.242106, "relative_strength": 8.189567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.760554, "energy": 29.681635, "activity_lines": [ 93.042942, 93.615443, 91.950393, 89.260175 ] }, { "date": "2025-08-22", "close": 95.830254, "volume": 329973, "typical_volume": 265849.65, "trend": 86.624952, "fair_value": 64.586195, "relative_strength": 8.048117, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.188635, "energy": 39.106404, "activity_lines": [ 94.084928, 94.000859, 92.594771, 89.891332 ] }, { "date": "2025-08-29", "close": 95.244141, "volume": 177320, "typical_volume": 253453.0, "trend": 87.102784, "fair_value": 64.918308, "relative_strength": 9.68921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.134894, "energy": 39.976751, "activity_lines": [ 94.625459, 94.176695, 93.084757, 90.447409 ] }, { "date": "2025-09-05", "close": 93.290413, "volume": 192446, "typical_volume": 256521.0, "trend": 87.573285, "fair_value": 65.227093, "relative_strength": 7.237841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.855956, "energy": 36.046848, "activity_lines": [ 94.377987, 94.004411, 93.297936, 90.846611 ] }, { "date": "2025-09-12", "close": 96.611748, "volume": 211622, "typical_volume": 254762.6, "trend": 88.042123, "fair_value": 65.553528, "relative_strength": 10.451215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.79892, "energy": 40.93786, "activity_lines": [ 95.172503, 94.450216, 93.758843, 91.429738 ] }, { "date": "2025-09-19", "close": 95.670609, "volume": 288212, "typical_volume": 253965.0, "trend": 88.508485, "fair_value": 65.882503, "relative_strength": 8.668471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.301225, "energy": 37.692532, "activity_lines": [ 95.399321, 94.724905, 94.058095, 91.921898 ] }, { "date": "2025-09-26", "close": 92.999359, "volume": 182134, "typical_volume": 253204.25, "trend": 88.885806, "fair_value": 66.205862, "relative_strength": 5.441518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.319383, "energy": 28.848356, "activity_lines": [ 94.622629, 94.539904, 94.059977, 92.211632 ] }, { "date": "2025-10-03", "close": 91.713188, "volume": 255299, "typical_volume": 248130.15, "trend": 89.268415, "fair_value": 66.516162, "relative_strength": 0.577251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.987654, "energy": 17.03487, "activity_lines": [ 93.605941, 94.089047, 93.915632, 92.394044 ] }, { "date": "2025-10-10", "close": 89.437683, "volume": 216619, "typical_volume": 247121.05, "trend": 89.571963, "fair_value": 66.800132, "relative_strength": -1.279527, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.195515, "energy": 10.252862, "activity_lines": [ 92.066147, 93.251363, 93.550454, 92.404964 ] }, { "date": "2025-10-17", "close": 88.547256, "volume": 166785, "typical_volume": 251416.15, "trend": 89.922886, "fair_value": 67.076516, "relative_strength": -2.14993, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.335753, "energy": 25.777898, "activity_lines": [ 90.486394, 92.304071, 93.100213, 92.338854 ] }, { "date": "2025-10-24", "close": 95.769554, "volume": 273931, "typical_volume": 260374.7, "trend": 90.54666, "fair_value": 67.380995, "relative_strength": 2.349237, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.285441, "energy": 20.993548, "activity_lines": [ 91.851705, 92.747283, 93.338533, 92.716058 ] }, { "date": "2025-10-31", "close": 97.550385, "volume": 232894, "typical_volume": 261427.2, "trend": 91.294008, "fair_value": 67.708045, "relative_strength": 4.701075, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.941559, "energy": 18.266151, "activity_lines": [ 93.804031, 93.481641, 93.713718, 93.167912 ] }, { "date": "2025-11-07", "close": 95.47274, "volume": 164688, "typical_volume": 251625.85, "trend": 91.936784, "fair_value": 68.030115, "relative_strength": 3.526337, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.529963, "energy": 25.142843, "activity_lines": [ 94.760406, 93.806969, 93.855861, 93.437507 ] }, { "date": "2025-11-14", "close": 94.681259, "volume": 123997, "typical_volume": 247695.55, "trend": 92.463278, "fair_value": 68.33525, "relative_strength": 1.638699, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.994223, "energy": 34.825066, "activity_lines": [ 95.202318, 93.984236, 93.923397, 93.61457 ] }, { "date": "2025-11-21", "close": 95.076996, "volume": 183427, "typical_volume": 248595.05, "trend": 92.916275, "fair_value": 68.629712, "relative_strength": 4.045105, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.004071, "energy": 35.372114, "activity_lines": [ 95.426571, 94.208166, 94.025721, 93.783197 ] }, { "date": "2025-11-28", "close": 94.978065, "volume": 130768, "typical_volume": 245162.7, "trend": 93.193952, "fair_value": 68.932346, "relative_strength": 0.51518, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.332524, "energy": 34.324378, "activity_lines": [ 95.18253, 94.442014, 94.12593, 93.916216 ] }, { "date": "2025-12-05", "close": 96.363167, "volume": 288463, "typical_volume": 237882.0, "trend": 93.472213, "fair_value": 69.255603, "relative_strength": 0.400373, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.862436, "energy": 29.938003, "activity_lines": [ 95.452956, 94.94029, 94.36816, 94.120681 ] }, { "date": "2025-12-12", "close": 94.186577, "volume": 259396, "typical_volume": 230723.35, "trend": 93.58349, "fair_value": 69.551109, "relative_strength": -1.743759, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.608661, "energy": 22.156325, "activity_lines": [ 95.077, 94.981662, 94.378694, 94.166769 ] }, { "date": "2025-12-19", "close": 96.758904, "volume": 162384, "typical_volume": 222363.8, "trend": 93.829355, "fair_value": 69.882949, "relative_strength": 0.147304, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.393793, "energy": 28.066375, "activity_lines": [ 95.64423, 95.44576, 94.62948, 94.371635 ] }, { "date": "2025-12-26", "close": 96.758904, "volume": 70001, "typical_volume": 209073.05, "trend": 94.098013, "fair_value": 70.215495, "relative_strength": -0.171269, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.757881, "energy": 35.065192, "activity_lines": [ 96.072951, 95.776744, 94.859097, 94.560638 ] }, { "date": "2026-01-02", "close": 98.045067, "volume": 89612, "typical_volume": 199998.55, "trend": 94.403031, "fair_value": 70.54689, "relative_strength": -0.052051, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.964664, "energy": 45.539881, "activity_lines": [ 96.818266, 96.192273, 95.192363, 94.815287 ] }, { "date": "2026-01-09", "close": 97.550385, "volume": 103544, "typical_volume": 188677.1, "trend": 94.649228, "fair_value": 70.883805, "relative_strength": -3.712874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.83354, "energy": 52.21828, "activity_lines": [ 97.194219, 96.476488, 95.459132, 95.018342 ] }, { "date": "2026-01-16", "close": 98.440811, "volume": 150472, "typical_volume": 187334.7, "trend": 94.742759, "fair_value": 71.22038, "relative_strength": -5.012714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.486864, "energy": 53.452564, "activity_lines": [ 97.787834, 96.922597, 95.802512, 95.26296 ] }, { "date": "2026-01-23", "close": 102.101418, "volume": 233245, "typical_volume": 189374.65, "trend": 95.01041, "fair_value": 71.578952, "relative_strength": -0.898338, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.314328, "energy": 71.524709, "activity_lines": [ 99.318035, 97.980307, 96.479299, 95.737712 ] }, { "date": "2026-01-30", "close": 106.850327, "volume": 220832, "typical_volume": 189835.15, "trend": 95.351696, "fair_value": 71.973954, "relative_strength": 2.97758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.532397, "energy": 85.730824, "activity_lines": [ 102.075038, 99.766543, 97.566406, 96.501578 ] }, { "date": "2026-02-06", "close": 116.941742, "volume": 314249, "typical_volume": 191137.0, "trend": 96.013081, "fair_value": 72.407987, "relative_strength": 8.855626, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 97.566914, "energy": 97.773177, "activity_lines": [ 107.523085, 103.173521, 99.565845, 97.894484 ] }, { "date": "2026-02-13", "close": 124.065102, "volume": 407946, "typical_volume": 202427.6, "trend": 97.107284, "fair_value": 72.911697, "relative_strength": 14.909514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 98.208868, "energy": 99.076734, "activity_lines": [ 114.085807, 107.476316, 102.142408, 99.704292 ] }, { "date": "2026-02-20", "close": 123.669357, "volume": 365119, "typical_volume": 207918.6, "trend": 98.123172, "fair_value": 73.392672, "relative_strength": 11.803849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.545761, "energy": 96.563201, "activity_lines": [ 118.748966, 111.203486, 104.533349, 101.417974 ] }, { "date": "2026-02-27", "close": 128.418259, "volume": 215341, "typical_volume": 207854.7, "trend": 99.326662, "fair_value": 73.890878, "relative_strength": 13.951757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.226369, "energy": 96.49735, "activity_lines": [ 123.313189, 115.258042, 107.224394, 103.372496 ] }, { "date": "2026-03-06", "close": 127.428909, "volume": 499663, "typical_volume": 224498.6, "trend": 100.480893, "fair_value": 74.387439, "relative_strength": 19.10719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.074979, "energy": 91.727516, "activity_lines": [ 125.793173, 118.557091, 109.635594, 105.185544 ] }, { "date": "2026-03-13", "close": 134.947998, "volume": 330927, "typical_volume": 227348.4, "trend": 101.846686, "fair_value": 74.948934, "relative_strength": 25.948767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.431169, "energy": 88.210035, "activity_lines": [ 129.407615, 122.665611, 112.577746, 107.409228 ] }, { "date": "2026-03-20", "close": 140.290527, "volume": 434375, "typical_volume": 237422.45, "trend": 103.328695, "fair_value": 75.559471, "relative_strength": 36.547341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.65344, "energy": 75.84959, "activity_lines": [ 133.602482, 127.074538, 115.842147, 109.889476 ] }, { "date": "2026-03-27", "close": 141.477737, "volume": 321751, "typical_volume": 245275.6, "trend": 104.869815, "fair_value": 76.161648, "relative_strength": 36.343919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.363022, "energy": 73.48493, "activity_lines": [ 137.111391, 130.922227, 119.016091, 112.350704 ] }, { "date": "2026-04-03", "close": 151.371292, "volume": 417162, "typical_volume": 259933.85, "trend": 106.805844, "fair_value": 76.822548, "relative_strength": 39.525206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.644925, "energy": 76.08008, "activity_lines": [ 142.730926, 135.786255, 122.913207, 115.3508 ] }, { "date": "2026-04-10", "close": 160.86911, "volume": 437667, "typical_volume": 272645.85, "trend": 108.947756, "fair_value": 77.546094, "relative_strength": 40.058174, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.762316, "energy": 77.681466, "activity_lines": [ 149.986199, 141.481344, 127.444924, 118.838752 ] }, { "date": "2026-04-17", "close": 157.505295, "volume": 443734, "typical_volume": 288294.15, "trend": 111.008912, "fair_value": 78.24103, "relative_strength": 32.909071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.758437, "energy": 71.911153, "activity_lines": [ 153.890853, 145.582669, 131.342983, 121.971497 ] }, { "date": "2026-04-24", "close": 153.943619, "volume": 266781, "typical_volume": 287210.05, "trend": 113.040388, "fair_value": 78.916658, "relative_strength": 32.20195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.148916, "energy": 67.932637, "activity_lines": [ 155.104462, 148.298899, 134.604085, 124.741478 ] }, { "date": "2026-05-01", "close": 149.199997, "volume": 456706, "typical_volume": 297075.55, "trend": 114.956615, "fair_value": 79.553907, "relative_strength": 28.931948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.883345, "energy": 65.509989, "activity_lines": [ 153.826657, 149.609405, 137.139221, 127.074356 ] }, { "date": "2026-05-08", "close": 147.0, "volume": 320047, "typical_volume": 304958.7, "trend": 116.875359, "fair_value": 80.166855, "relative_strength": 25.725265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.455797, "energy": 59.508349, "activity_lines": [ 151.300703, 150.055719, 139.202865, 129.141671 ] }, { "date": "2026-05-15", "close": 140.0, "volume": 213107, "typical_volume": 312114.0, "trend": 118.59045, "fair_value": 80.725332, "relative_strength": 20.573537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.074929, "energy": 41.73216, "activity_lines": [ 146.732835, 148.891456, 140.360599, 130.633583 ] }, { "date": "2026-05-22", "close": 145.0, "volume": 242265, "typical_volume": 319746.65, "trend": 120.231465, "fair_value": 81.348256, "relative_strength": 19.920274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.659501, "energy": 31.485138, "activity_lines": [ 145.222908, 148.407718, 141.788614, 132.337425 ] }, { "date": "2026-05-29", "close": 138.0, "volume": 651010, "typical_volume": 347119.95, "trend": 121.579785, "fair_value": 81.934708, "relative_strength": 13.942233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.97496, "energy": 24.986785, "activity_lines": [ 142.213333, 146.468489, 142.326367, 133.483782 ] }, { "date": "2026-06-05", "close": 144.0, "volume": 38489, "typical_volume": 341520.8, "trend": 123.197361, "fair_value": 82.556621, "relative_strength": 19.073925, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.130087, "energy": 22.825159, "activity_lines": [ 142.266667, 145.661816, 143.242931, 134.930248 ] }, { "date": "2026-06-12", "close": 157.0, "volume": 31276, "typical_volume": 331422.35, "trend": 125.274652, "fair_value": 83.254069, "relative_strength": 29.061166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.646024, "energy": 35.302725, "activity_lines": [ 147.0, 147.172919, 145.180642, 137.111063 ] }, { "date": "2026-06-19", "close": 142.199997, "volume": 286472, "typical_volume": 334704.35, "trend": 126.845419, "fair_value": 83.856645, "relative_strength": 14.184064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.851706, "energy": 27.136207, "activity_lines": [ 146.133332, 145.890773, 145.447407, 138.203021 ] }, { "date": "2026-06-26", "close": 145.399994, "volume": 14955, "typical_volume": 319739.65, "trend": 128.52615, "fair_value": 84.482133, "relative_strength": 17.189505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.136202, "energy": 26.32076, "activity_lines": [ 146.186664, 145.529882, 145.850602, 139.40009 ] }, { "date": "2026-07-03", "close": 149.0, "volume": 55125, "typical_volume": 302098.6, "trend": 130.280711, "fair_value": 85.128899, "relative_strength": 16.2113, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.022214, "energy": 30.356027, "activity_lines": [ 147.413331, 146.043635, 146.461139, 140.720984 ] }, { "date": "2026-07-10", "close": 141.199997, "volume": 125008, "typical_volume": 290093.05, "trend": 131.847825, "fair_value": 85.728064, "relative_strength": 12.184485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.827902, "energy": 15.933721, "activity_lines": [ 145.306664, 145.229089, 146.210081, 141.425454 ] }, { "date": "2026-07-17", "close": 140.0, "volume": 174162, "typical_volume": 288034.1, "trend": 133.289195, "fair_value": 86.317737, "relative_strength": 11.850774, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.976603, "energy": 8.198225, "activity_lines": [ 142.986665, 144.341817, 145.761259, 141.951401 ] }, { "date": "2026-07-24", "close": 128.800003, "volume": 340683, "typical_volume": 280085.1, "trend": 134.357231, "fair_value": 86.835616, "relative_strength": 0.988827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.579796, "energy": 16.947038, "activity_lines": [ 138.066667, 141.545454, 144.190619, 141.661775 ] }, { "date": "2026-07-31", "close": 143.0, "volume": 409482, "typical_volume": 284012.85, "trend": 135.855729, "fair_value": 87.44032, "relative_strength": 10.085374, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.9924, "energy": 15.89154, "activity_lines": [ 138.773334, 141.534545, 143.96583, 142.219373 ] }, { "date": "2026-08-07", "close": 142.600006, "volume": 391794, "typical_volume": 281883.8, "trend": 137.357383, "fair_value": 88.029262, "relative_strength": 7.227932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.397843, "energy": 13.472561, "activity_lines": [ 139.506669, 141.487273, 143.664604, 142.654488 ] } ], "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." } } }