{ "ticker": { "uuid": "028cb3d6-f108-4193-a9e4-4609d5c429e9", "symbol": "FTC", "name": "First Trust Large Capital Growth AlphaDEX Fund", "exchange": "NASDAQ", "country": "US", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 88.635, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 37.662, "architecture_energy": 23.166, "architecture_maturity": 64.521, "architecture_confidence": 79.831, "architecture_tenure": "New", "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": 47.27, "rotation_up": 24.45, "upward_expansion": 54.48, "deceleration": 91.0, "rotation_down": 31.04, "downward_expansion": 18.15 }, "activity_lines": [ 179.403127, 181.27562, 180.175198, 176.026827 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 183.93, "trend_reference": 171.212963, "distance_from_trend": 0.074276, "trend_direction": "Improving", "fair_value": 138.818871, "distance_from_fair_value": 0.324964, "fair_value_direction": "Weakening", "relative_strength": -3.008219, "relative_strength_direction": "Improving", "price_momentum": 0.129337, "excess_performance": -0.058117, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.074276, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04614, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.324964, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.012911, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.030082, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.040702, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.129337, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.039448, "read": "Demand-led" } ], "volume": { "latest": 75489, "relative_activity": 0.911103, "balance": 1.039448, "dry_up": 0.988561, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.049407, "annualized_volatility": 0.184286, "from_high_reference": -0.052579, "from_low_reference": 0.243274 }, "levels": { "trend_reference": 171.212963, "fair_value_reference": 138.818871, "structural_low": 147.94, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.038468, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.012317, "regime_survival": 0.428571, "best_return": 0.093018, "worst_return": -0.028636, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.018149, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.031386, "regime_survival": 0.0, "best_return": 0.051723, "worst_return": -0.085653, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.111078, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.013018, "regime_survival": 0.0, "best_return": 0.210959, "worst_return": -0.058694, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.192898, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.04225, "regime_survival": 0.0, "best_return": 0.285457, "worst_return": -0.209778, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-31", "tenure": "New", "return": 0.057369, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.044008, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.021841, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": -0.050462, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.116069, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.060129, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-11-21", "tenure": "Established", "return": 0.007661, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-28", "end": "2026-01-09", "tenure": "Developing", "return": 0.026852, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-02-27", "tenure": "Developing", "return": -0.012531, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.044888, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.048792, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.000743, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-17", "tenure": "Developing", "return": 0.026371, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.04062, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 96.899878, "volume": 205414, "typical_volume": 195767.7, "trend": 94.728962, "fair_value": 97.735174, "relative_strength": -10.623986, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.89656, "energy": 32.404028, "activity_lines": [ 99.202109, 99.725836, 97.979023, 96.372061 ] }, { "date": "2023-08-25", "close": 97.762224, "volume": 178810, "typical_volume": 186404.4, "trend": 94.861672, "fair_value": 97.823234, "relative_strength": -11.053214, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.718136, "energy": 24.777335, "activity_lines": [ 98.43558, 99.395002, 98.125883, 96.567755 ] }, { "date": "2023-09-01", "close": 101.637822, "volume": 123872, "typical_volume": 181546.8, "trend": 95.102182, "fair_value": 97.955066, "relative_strength": -10.608328, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.819891, "energy": 27.240361, "activity_lines": [ 99.233167, 99.779049, 98.611012, 97.004926 ] }, { "date": "2023-09-08", "close": 100.39882, "volume": 219700, "typical_volume": 187480.25, "trend": 95.304353, "fair_value": 98.090675, "relative_strength": -10.264855, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.998729, "energy": 25.348894, "activity_lines": [ 99.654097, 99.843747, 98.935873, 97.346645 ] }, { "date": "2023-09-15", "close": 99.001226, "volume": 218381, "typical_volume": 190767.2, "trend": 95.489878, "fair_value": 98.214693, "relative_strength": -10.817247, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.525048, "energy": 27.744165, "activity_lines": [ 99.595947, 99.654338, 99.091404, 97.585153 ] }, { "date": "2023-09-22", "close": 95.991343, "volume": 216734, "typical_volume": 189238.15, "trend": 95.644827, "fair_value": 98.314234, "relative_strength": -10.292512, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.212061, "energy": 11.795731, "activity_lines": [ 98.546396, 98.91245, 98.929246, 97.617505 ] }, { "date": "2023-09-29", "close": 96.021114, "volume": 276255, "typical_volume": 196841.35, "trend": 95.723448, "fair_value": 98.402486, "relative_strength": -10.071544, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.423487, "energy": 10.336096, "activity_lines": [ 97.567339, 98.278098, 98.750207, 97.641782 ] }, { "date": "2023-10-06", "close": 96.160045, "volume": 306444, "typical_volume": 198665.85, "trend": 95.966604, "fair_value": 98.468366, "relative_strength": -11.189699, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.3106, "energy": 18.307646, "activity_lines": [ 96.750665, 97.774913, 98.563457, 97.669949 ] }, { "date": "2023-10-13", "close": 96.418059, "volume": 143097, "typical_volume": 199380.2, "trend": 96.266069, "fair_value": 98.531636, "relative_strength": -10.73747, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.468824, "energy": 21.539269, "activity_lines": [ 96.385182, 97.428148, 98.386604, 97.699075 ] }, { "date": "2023-10-20", "close": 93.242495, "volume": 165900, "typical_volume": 203682.25, "trend": 96.437841, "fair_value": 98.579002, "relative_strength": -10.73226, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.566342, "energy": 50.664786, "activity_lines": [ 95.226561, 96.57278, 97.890141, 97.504006 ] }, { "date": "2023-10-27", "close": 90.860822, "volume": 992937, "typical_volume": 244592.5, "trend": 96.396591, "fair_value": 98.64455, "relative_strength": -10.280718, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.925708, "energy": 61.376305, "activity_lines": [ 93.657965, 95.392329, 97.173518, 97.144198 ] }, { "date": "2023-11-03", "close": 97.291339, "volume": 186199, "typical_volume": 244920.6, "trend": 96.596747, "fair_value": 98.694043, "relative_strength": -9.300595, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.956408, "energy": 34.958899, "activity_lines": [ 94.574909, 95.490864, 97.090255, 97.201924 ] }, { "date": "2023-11-10", "close": 98.730267, "volume": 365832, "typical_volume": 246833.4, "trend": 96.795705, "fair_value": 98.774161, "relative_strength": -10.141667, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -2.251183, "energy": 12.502756, "activity_lines": [ 95.886814, 95.859584, 97.148953, 97.339571 ] }, { "date": "2023-11-17", "close": 101.915754, "volume": 282418, "typical_volume": 253261.0, "trend": 97.099855, "fair_value": 98.866528, "relative_strength": -8.667746, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.465675, "energy": 18.494765, "activity_lines": [ 98.0892, 96.860347, 97.500237, 97.669896 ] }, { "date": "2023-11-24", "close": 102.818805, "volume": 220318, "typical_volume": 254474.5, "trend": 97.444335, "fair_value": 98.952618, "relative_strength": -8.243211, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.299964, "energy": 46.472524, "activity_lines": [ 100.226089, 97.997722, 97.930303, 98.038861 ] }, { "date": "2023-12-01", "close": 104.247809, "volume": 149668, "typical_volume": 254932.6, "trend": 97.857567, "fair_value": 99.037361, "relative_strength": -6.658641, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.269814, "energy": 69.269899, "activity_lines": [ 102.200893, 99.325504, 98.476917, 98.477795 ] }, { "date": "2023-12-08", "close": 104.138649, "volume": 290857, "typical_volume": 263021.2, "trend": 98.274748, "fair_value": 99.118457, "relative_strength": -6.885504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.14104, "energy": 79.54956, "activity_lines": [ 103.246845, 100.483322, 99.000565, 98.883026 ] }, { "date": "2023-12-15", "close": 107.601998, "volume": 130277, "typical_volume": 263657.95, "trend": 98.758871, "fair_value": 99.196046, "relative_strength": -6.482536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.520621, "energy": 86.761477, "activity_lines": [ 104.990758, 102.123248, 99.843137, 99.484784 ] }, { "date": "2023-12-22", "close": 108.811392, "volume": 103409, "typical_volume": 259775.25, "trend": 99.292216, "fair_value": 99.280008, "relative_strength": -5.842057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.023121, "energy": 90.09072, "activity_lines": [ 106.546355, 103.775029, 100.775086, 100.133334 ] }, { "date": "2023-12-29", "close": 108.930703, "volume": 86697, "typical_volume": 243160.95, "trend": 99.768495, "fair_value": 99.372322, "relative_strength": -5.568001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.354643, "energy": 90.226418, "activity_lines": [ 107.682012, 105.223169, 101.677393, 100.755171 ] }, { "date": "2024-01-05", "close": 106.116958, "volume": 315499, "typical_volume": 248665.2, "trend": 100.130525, "fair_value": 99.42666, "relative_strength": -4.570494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.048643, "energy": 81.732237, "activity_lines": [ 107.472295, 105.874479, 102.265291, 101.16475 ] }, { "date": "2024-01-12", "close": 108.324207, "volume": 422926, "typical_volume": 260871.0, "trend": 100.463843, "fair_value": 99.500044, "relative_strength": -5.176315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.90264, "energy": 75.433666, "activity_lines": [ 107.873717, 106.649722, 103.019513, 101.693374 ] }, { "date": "2024-01-19", "close": 110.660709, "volume": 111486, "typical_volume": 260251.7, "trend": 100.937077, "fair_value": 99.577676, "relative_strength": -5.359841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.27797, "energy": 73.405598, "activity_lines": [ 108.774936, 107.649187, 103.945963, 102.351237 ] }, { "date": "2024-01-26", "close": 111.177722, "volume": 104456, "typical_volume": 254489.5, "trend": 101.296373, "fair_value": 99.683642, "relative_strength": -5.137079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.609776, "energy": 71.885504, "activity_lines": [ 109.644579, 108.525736, 104.878686, 103.011923 ] }, { "date": "2024-02-02", "close": 114.379226, "volume": 238595, "typical_volume": 255500.2, "trend": 101.818555, "fair_value": 99.77464, "relative_strength": -3.293052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.50724, "energy": 93.73568, "activity_lines": [ 111.423634, 109.815978, 106.064987, 103.855978 ] }, { "date": "2024-02-09", "close": 116.775384, "volume": 278504, "typical_volume": 258588.7, "trend": 102.324132, "fair_value": 99.858362, "relative_strength": -2.745965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.07248, "energy": 95.424753, "activity_lines": [ 113.638174, 111.331696, 107.406264, 104.820935 ] }, { "date": "2024-02-16", "close": 116.656073, "volume": 143753, "typical_volume": 251963.6, "trend": 102.817802, "fair_value": 99.950913, "relative_strength": -1.096153, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.299257, "energy": 92.875072, "activity_lines": [ 115.102382, 112.597947, 108.637207, 105.745576 ] }, { "date": "2024-02-23", "close": 118.386079, "volume": 81377, "typical_volume": 240710.25, "trend": 103.357905, "fair_value": 100.089918, "relative_strength": -0.749212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.879369, "energy": 92.388974, "activity_lines": [ 116.587801, 113.951154, 109.934651, 106.749981 ] }, { "date": "2024-03-01", "close": 120.812064, "volume": 299383, "typical_volume": 248524.55, "trend": 104.044954, "fair_value": 100.271625, "relative_strength": -0.416738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.58955, "energy": 90.373071, "activity_lines": [ 118.366857, 115.549376, 111.357302, 107.876056 ] }, { "date": "2024-03-08", "close": 120.802121, "volume": 127985, "typical_volume": 246628.8, "trend": 104.765704, "fair_value": 100.43541, "relative_strength": 1.319773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.883591, "energy": 72.86418, "activity_lines": [ 119.500309, 116.927595, 112.662845, 108.957164 ] }, { "date": "2024-03-15", "close": 119.449933, "volume": 95936, "typical_volume": 201778.75, "trend": 105.517372, "fair_value": 100.596714, "relative_strength": 1.456753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.989641, "energy": 67.571545, "activity_lines": [ 119.754838, 117.844119, 113.708372, 109.904533 ] }, { "date": "2024-03-22", "close": 122.066082, "volume": 89111, "typical_volume": 196924.35, "trend": 106.327501, "fair_value": 100.773558, "relative_strength": 0.736826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.294551, "energy": 70.333484, "activity_lines": [ 120.703114, 118.993888, 114.866917, 110.972192 ] }, { "date": "2024-03-29", "close": 122.593129, "volume": 86290, "typical_volume": 182947.25, "trend": 107.026011, "fair_value": 100.935643, "relative_strength": 1.803987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.195685, "energy": 68.776064, "activity_lines": [ 121.466405, 119.989632, 115.957682, 112.021588 ] }, { "date": "2024-04-05", "close": 120.972211, "volume": 108532, "typical_volume": 174252.95, "trend": 107.711791, "fair_value": 101.068026, "relative_strength": 1.368017, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.099469, "energy": 63.689319, "activity_lines": [ 121.40892, 120.47371, 116.780441, 112.921342 ] }, { "date": "2024-04-12", "close": 118.13809, "volume": 234396, "typical_volume": 174956.85, "trend": 108.349686, "fair_value": 101.170579, "relative_strength": -0.343203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.837048, "energy": 56.643013, "activity_lines": [ 120.396052, 120.264411, 117.242539, 113.594007 ] }, { "date": "2024-04-19", "close": 112.788066, "volume": 102237, "typical_volume": 172585.3, "trend": 108.909577, "fair_value": 101.236454, "relative_strength": 0.728339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.23118, "energy": 28.764631, "activity_lines": [ 117.777444, 119.014039, 117.122161, 113.880354 ] }, { "date": "2024-04-26", "close": 117.620988, "volume": 80178, "typical_volume": 162051.35, "trend": 109.629573, "fair_value": 101.342714, "relative_strength": 1.172963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.955048, "energy": 24.848945, "activity_lines": [ 117.213935, 118.714876, 117.421395, 114.44238 ] }, { "date": "2024-05-03", "close": 117.024331, "volume": 84933, "typical_volume": 159784.15, "trend": 110.325049, "fair_value": 101.453866, "relative_strength": -0.250375, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.886549, "energy": 25.276885, "activity_lines": [ 116.74788, 118.289686, 117.599602, 114.919462 ] }, { "date": "2024-05-10", "close": 120.455108, "volume": 88398, "typical_volume": 159033.6, "trend": 111.126284, "fair_value": 101.603375, "relative_strength": 1.227217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.934519, "energy": 24.734653, "activity_lines": [ 117.79667, 118.513032, 118.059681, 115.573014 ] }, { "date": "2024-05-17", "close": 121.47937, "volume": 141132, "typical_volume": 161755.35, "trend": 112.067513, "fair_value": 101.752427, "relative_strength": -0.035879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.835922, "energy": 38.811951, "activity_lines": [ 119.221354, 118.929098, 118.561863, 116.240955 ] }, { "date": "2024-05-24", "close": 122.145637, "volume": 143055, "typical_volume": 153133.15, "trend": 113.11034, "fair_value": 101.888256, "relative_strength": -0.835972, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.672793, "energy": 47.077978, "activity_lines": [ 120.645376, 119.45399, 119.067743, 116.891156 ] }, { "date": "2024-05-31", "close": 119.580011, "volume": 53083, "typical_volume": 134641.0, "trend": 113.853296, "fair_value": 102.004002, "relative_strength": -1.335954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.10487, "energy": 43.528756, "activity_lines": [ 120.590351, 119.463392, 119.252952, 117.308555 ] }, { "date": "2024-06-07", "close": 119.39107, "volume": 139198, "typical_volume": 136026.6, "trend": 114.541989, "fair_value": 102.105871, "relative_strength": -4.011827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.59021, "energy": 37.762427, "activity_lines": [ 120.341744, 119.483642, 119.366566, 117.66583 ] }, { "date": "2024-06-14", "close": 121.111431, "volume": 61710, "typical_volume": 133889.3, "trend": 115.181845, "fair_value": 102.2246, "relative_strength": -5.816892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.172806, "energy": 35.356544, "activity_lines": [ 120.508807, 119.874905, 119.602451, 118.089665 ] }, { "date": "2024-06-21", "close": 122.473798, "volume": 46041, "typical_volume": 124261.6, "trend": 115.837012, "fair_value": 102.328547, "relative_strength": -4.869095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.534534, "energy": 35.971779, "activity_lines": [ 121.086239, 120.511339, 119.920783, 118.560114 ] }, { "date": "2024-06-28", "close": 121.898677, "volume": 57372, "typical_volume": 113205.0, "trend": 116.425374, "fair_value": 102.418337, "relative_strength": -5.125985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.382802, "energy": 35.095371, "activity_lines": [ 121.405668, 120.964374, 120.145795, 118.951189 ] }, { "date": "2024-07-05", "close": 122.803988, "volume": 66007, "typical_volume": 109317.7, "trend": 117.047552, "fair_value": 102.513742, "relative_strength": -7.54749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.534886, "energy": 41.117322, "activity_lines": [ 122.043332, 121.416365, 120.432631, 119.362713 ] }, { "date": "2024-07-12", "close": 124.972756, "volume": 134024, "typical_volume": 111950.05, "trend": 117.626577, "fair_value": 102.636781, "relative_strength": -5.542345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.594728, "energy": 60.369485, "activity_lines": [ 123.188986, 122.16844, 120.89674, 119.874016 ] }, { "date": "2024-07-19", "close": 121.988213, "volume": 96229, "typical_volume": 101792.35, "trend": 118.065804, "fair_value": 102.708585, "relative_strength": -3.886608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.118203, "energy": 47.035889, "activity_lines": [ 122.96768, 122.233354, 121.045242, 120.155412 ] }, { "date": "2024-07-26", "close": 121.500738, "volume": 71938, "typical_volume": 98990.0, "trend": 118.484806, "fair_value": 102.780461, "relative_strength": -1.692085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.075776, "energy": 35.012766, "activity_lines": [ 122.525431, 122.181762, 121.141717, 120.37702 ] }, { "date": "2024-08-02", "close": 117.630781, "volume": 103659, "typical_volume": 99376.15, "trend": 118.8686, "fair_value": 102.813987, "relative_strength": -1.743261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.325198, "energy": 8.901684, "activity_lines": [ 120.858066, 121.426153, 120.866298, 120.321922 ] }, { "date": "2024-08-09", "close": 119.91893, "volume": 117665, "typical_volume": 100803.85, "trend": 119.255091, "fair_value": 102.861866, "relative_strength": -0.154872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.202023, "energy": 16.689948, "activity_lines": [ 120.237945, 121.168659, 120.81746, 120.389685 ] }, { "date": "2024-08-16", "close": 123.25167, "volume": 107414, "typical_volume": 101860.05, "trend": 119.674789, "fair_value": 102.936063, "relative_strength": -2.607482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.72241, "energy": 18.9593, "activity_lines": [ 120.921073, 121.510955, 121.096251, 120.647529 ] }, { "date": "2024-08-23", "close": 125.669149, "volume": 77096, "typical_volume": 100288.25, "trend": 120.157837, "fair_value": 103.006695, "relative_strength": -1.664324, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.438665, "energy": 25.907909, "activity_lines": [ 122.524768, 122.222601, 121.602142, 121.034262 ] }, { "date": "2024-08-30", "close": 126.654049, "volume": 90205, "typical_volume": 93078.7, "trend": 120.566998, "fair_value": 103.071664, "relative_strength": -0.080642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.982236, "energy": 55.727375, "activity_lines": [ 124.211366, 123.030452, 122.179467, 121.453373 ] }, { "date": "2024-09-06", "close": 120.744654, "volume": 157808, "typical_volume": 95857.25, "trend": 120.699307, "fair_value": 103.111857, "relative_strength": 1.128855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.113238, "energy": 42.034074, "activity_lines": [ 123.584612, 122.687863, 122.15344, 121.464834 ] }, { "date": "2024-09-13", "close": 126.106882, "volume": 49606, "typical_volume": 94328.65, "trend": 121.014334, "fair_value": 103.188994, "relative_strength": -0.276203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.881621, "energy": 53.321536, "activity_lines": [ 124.537676, 123.341206, 122.600212, 121.81371 ] }, { "date": "2024-09-20", "close": 129.330189, "volume": 104601, "typical_volume": 95312.05, "trend": 121.379137, "fair_value": 103.282373, "relative_strength": 0.779148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.537144, "energy": 62.570125, "activity_lines": [ 126.152645, 124.520553, 123.313558, 122.350217 ] }, { "date": "2024-09-27", "close": 130.443993, "volume": 530068, "typical_volume": 117395.55, "trend": 121.700202, "fair_value": 103.418914, "relative_strength": 0.619546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.003244, "energy": 64.22029, "activity_lines": [ 127.733648, 125.823183, 124.07438, 122.935046 ] }, { "date": "2024-10-04", "close": 131.638718, "volume": 261968, "typical_volume": 123437.35, "trend": 122.061421, "fair_value": 103.562613, "relative_strength": 1.388274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.21232, "energy": 76.209057, "activity_lines": [ 129.39457, 127.189295, 124.90142, 123.576241 ] }, { "date": "2024-10-11", "close": 134.157595, "volume": 94601, "typical_volume": 121014.65, "trend": 122.551677, "fair_value": 103.700512, "relative_strength": 2.017932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.027933, "energy": 81.558261, "activity_lines": [ 131.562806, 128.829057, 125.919975, 124.356639 ] }, { "date": "2024-10-18", "close": 135.571352, "volume": 140410, "typical_volume": 125381.0, "trend": 123.001852, "fair_value": 103.827659, "relative_strength": 2.791688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.782266, "energy": 86.120487, "activity_lines": [ 133.308098, 130.425379, 127.015974, 125.196618 ] }, { "date": "2024-10-25", "close": 133.052475, "volume": 97638, "typical_volume": 123303.0, "trend": 123.350497, "fair_value": 103.927311, "relative_strength": 0.681947, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.152526, "energy": 79.373703, "activity_lines": [ 133.5828, 131.279134, 127.795931, 125.845046 ] }, { "date": "2024-11-01", "close": 132.275904, "volume": 110081, "typical_volume": 125721.55, "trend": 123.727287, "fair_value": 104.011137, "relative_strength": 1.678066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.337881, "energy": 73.818893, "activity_lines": [ 133.350492, 131.813497, 128.436874, 126.420878 ] }, { "date": "2024-11-08", "close": 142.371325, "volume": 123643, "typical_volume": 129601.65, "trend": 124.535062, "fair_value": 104.151964, "relative_strength": 3.646753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.730338, "energy": 87.027724, "activity_lines": [ 136.361198, 134.063268, 129.986121, 127.623719 ] }, { "date": "2024-11-15", "close": 140.838096, "volume": 96694, "typical_volume": 131567.75, "trend": 125.470063, "fair_value": 104.280644, "relative_strength": 6.022443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.978957, "energy": 84.089515, "activity_lines": [ 138.14532, 135.748503, 131.294597, 128.675528 ] }, { "date": "2024-11-22", "close": 145.72651, "volume": 116232, "typical_volume": 134079.0, "trend": 126.406913, "fair_value": 104.462981, "relative_strength": 7.529982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.146293, "energy": 92.006325, "activity_lines": [ 141.113546, 137.957204, 132.978448, 129.982396 ] }, { "date": "2024-11-29", "close": 147.638069, "volume": 143438, "typical_volume": 134549.7, "trend": 127.427371, "fair_value": 104.681274, "relative_strength": 7.937809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.950255, "energy": 93.92945, "activity_lines": [ 144.041948, 140.156741, 134.735198, 131.352148 ] }, { "date": "2024-12-06", "close": 148.434552, "volume": 136965, "typical_volume": 136586.5, "trend": 128.360019, "fair_value": 104.885987, "relative_strength": 4.959966, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.017245, "energy": 92.745959, "activity_lines": [ 146.263472, 142.168222, 136.459873, 132.70745 ] }, { "date": "2024-12-13", "close": 144.387622, "volume": 143312, "typical_volume": 140155.2, "trend": 129.123628, "fair_value": 105.082942, "relative_strength": 1.283548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.244598, "energy": 87.320484, "activity_lines": [ 146.058776, 143.116797, 137.673191, 133.741488 ] }, { "date": "2024-12-20", "close": 140.617085, "volume": 91347, "typical_volume": 139539.6, "trend": 129.739343, "fair_value": 105.235599, "relative_strength": 0.871686, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.466462, "energy": 64.651833, "activity_lines": [ 144.462814, 143.148022, 138.418425, 134.483002 ] }, { "date": "2024-12-27", "close": 140.218086, "volume": 34990, "typical_volume": 135405.85, "trend": 130.427279, "fair_value": 105.380432, "relative_strength": -0.329729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.263615, "energy": 48.814663, "activity_lines": [ 142.748587, 142.989256, 139.016201, 135.15905 ] }, { "date": "2025-01-03", "close": 139.888913, "volume": 56929, "typical_volume": 132881.6, "trend": 131.11054, "fair_value": 105.574696, "relative_strength": 0.194413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.08646, "energy": 31.955524, "activity_lines": [ 141.291864, 142.686154, 139.485964, 135.769478 ] }, { "date": "2025-01-10", "close": 137.534821, "volume": 131913, "typical_volume": 135622.45, "trend": 131.657986, "fair_value": 105.763902, "relative_strength": 0.683747, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.092555, "energy": 29.535082, "activity_lines": [ 139.567054, 141.830737, 139.652303, 136.183948 ] }, { "date": "2025-01-17", "close": 143.255463, "volume": 243044, "typical_volume": 143264.4, "trend": 132.350708, "fair_value": 106.037747, "relative_strength": 1.872257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.711421, "energy": 25.489201, "activity_lines": [ 140.475773, 141.91982, 140.306962, 136.932172 ] }, { "date": "2025-01-24", "close": 146.552189, "volume": 108602, "typical_volume": 140804.1, "trend": 133.172492, "fair_value": 106.335734, "relative_strength": 2.57026, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.607425, "energy": 36.05505, "activity_lines": [ 142.558878, 142.592232, 141.19654, 137.848396 ] }, { "date": "2025-01-31", "close": 145.425018, "volume": 160912, "typical_volume": 146369.4, "trend": 133.926527, "fair_value": 106.604425, "relative_strength": 3.136429, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.166665, "energy": 42.22727, "activity_lines": [ 143.870586, 142.955811, 141.855876, 138.638882 ] }, { "date": "2025-02-07", "close": 147.330237, "volume": 138698, "typical_volume": 148074.25, "trend": 134.671776, "fair_value": 106.892225, "relative_strength": 4.2654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.308498, "energy": 52.971389, "activity_lines": [ 145.470238, 143.671276, 142.60467, 139.503637 ] }, { "date": "2025-02-14", "close": 148.247933, "volume": 63175, "typical_volume": 124729.6, "trend": 135.5471, "fair_value": 107.200017, "relative_strength": 1.92439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.584806, "energy": 67.675515, "activity_lines": [ 146.879701, 144.559191, 143.35515, 140.379519 ] }, { "date": "2025-02-21", "close": 142.17318, "volume": 85186, "typical_volume": 115890.5, "trend": 136.236181, "fair_value": 107.456578, "relative_strength": 0.007566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.243644, "energy": 42.896944, "activity_lines": [ 145.550038, 144.345999, 143.4423, 140.807008 ] }, { "date": "2025-02-28", "close": 140.846509, "volume": 89281, "typical_volume": 115624.5, "trend": 137.010039, "fair_value": 107.719307, "relative_strength": 2.533742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.889682, "energy": 25.82175, "activity_lines": [ 143.850304, 143.931857, 143.352937, 141.104448 ] }, { "date": "2025-03-07", "close": 133.584735, "volume": 187525, "typical_volume": 117980.25, "trend": 137.465566, "fair_value": 107.957809, "relative_strength": 0.523241, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.626475, "energy": 13.514483, "activity_lines": [ 140.110357, 142.19322, 142.540125, 140.883461 ] }, { "date": "2025-03-14", "close": 130.667057, "volume": 191940, "typical_volume": 122695.35, "trend": 137.712745, "fair_value": 108.130831, "relative_strength": 0.846531, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.894723, "energy": 38.55782, "activity_lines": [ 136.187203, 140.044703, 141.458898, 140.444847 ] }, { "date": "2025-03-21", "close": 132.437614, "volume": 129576, "typical_volume": 123670.1, "trend": 137.938361, "fair_value": 108.310076, "relative_strength": 1.957021, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.900945, "energy": 50.271583, "activity_lines": [ 133.965113, 138.385776, 140.557655, 140.104516 ] }, { "date": "2025-03-28", "close": 131.122811, "volume": 297771, "typical_volume": 132376.5, "trend": 138.08732, "fair_value": 108.480203, "relative_strength": 3.342207, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.380241, "energy": 65.243405, "activity_lines": [ 132.358777, 136.58047, 139.530423, 139.664803 ] }, { "date": "2025-04-04", "close": 118.360763, "volume": 359401, "typical_volume": 145511.85, "trend": 138.007857, "fair_value": 108.57988, "relative_strength": 3.46854, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.525833, "energy": 78.130674, "activity_lines": [ 127.235117, 132.675386, 137.341322, 138.392122 ] }, { "date": "2025-04-11", "close": 125.754569, "volume": 241149, "typical_volume": 151757.7, "trend": 137.996113, "fair_value": 108.736493, "relative_strength": 2.215333, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.172133, "energy": 74.357076, "activity_lines": [ 126.075108, 130.627201, 135.963427, 137.601588 ] }, { "date": "2025-04-18", "close": 126.113782, "volume": 168874, "typical_volume": 153029.5, "trend": 137.888899, "fair_value": 108.920258, "relative_strength": 4.807966, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.075676, "energy": 69.772985, "activity_lines": [ 125.556847, 129.001972, 134.714848, 136.834986 ] }, { "date": "2025-04-25", "close": 131.372265, "volume": 96127, "typical_volume": 150987.6, "trend": 137.919842, "fair_value": 109.158755, "relative_strength": 2.577761, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.462681, "energy": 49.527598, "activity_lines": [ 127.094966, 128.718585, 134.069574, 136.414558 ] }, { "date": "2025-05-02", "close": 135.772627, "volume": 65504, "typical_volume": 147097.2, "trend": 138.057639, "fair_value": 109.429349, "relative_strength": 2.431399, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.50312, "energy": 28.402882, "activity_lines": [ 130.170896, 129.542093, 133.92463, 136.276028 ] }, { "date": "2025-05-09", "close": 136.660682, "volume": 114529, "typical_volume": 148256.3, "trend": 138.141075, "fair_value": 109.716744, "relative_strength": 3.239754, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.879519, "energy": 21.399845, "activity_lines": [ 133.232856, 130.64344, 133.905288, 136.185901 ] }, { "date": "2025-05-16", "close": 143.206345, "volume": 90841, "typical_volume": 151048.85, "trend": 138.395575, "fair_value": 110.062226, "relative_strength": 1.197795, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.597761, "energy": 19.443537, "activity_lines": [ 137.25671, 133.011014, 134.528181, 136.512693 ] }, { "date": "2025-05-23", "close": 140.751722, "volume": 225618, "typical_volume": 159483.3, "trend": 138.652216, "fair_value": 110.351622, "relative_strength": 1.801662, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 10.295325, "energy": 25.066504, "activity_lines": [ 139.298904, 134.757354, 134.903071, 136.664702 ] }, { "date": "2025-05-30", "close": 142.956892, "volume": 40781, "typical_volume": 154926.7, "trend": 139.008249, "fair_value": 110.660237, "relative_strength": 1.369932, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.517387, "energy": 32.508634, "activity_lines": [ 141.100292, 136.721277, 135.483869, 136.942424 ] }, { "date": "2025-06-06", "close": 146.090029, "volume": 135608, "typical_volume": 149554.9, "trend": 139.132206, "fair_value": 111.019059, "relative_strength": 1.361973, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.831744, "energy": 49.626153, "activity_lines": [ 143.17375, 139.063601, 136.337241, 137.399313 ] }, { "date": "2025-06-13", "close": 143.326083, "volume": 42650, "typical_volume": 146257.3, "trend": 139.215139, "fair_value": 111.402082, "relative_strength": -0.122211, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.999767, "energy": 49.675612, "activity_lines": [ 143.638066, 140.631258, 136.913883, 137.669885 ] }, { "date": "2025-06-20", "close": 144.762936, "volume": 58326, "typical_volume": 141128.0, "trend": 139.18302, "fair_value": 111.762129, "relative_strength": 0.774633, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.601428, "energy": 48.542348, "activity_lines": [ 144.136974, 142.006247, 137.64273, 138.027808 ] }, { "date": "2025-06-27", "close": 148.746743, "volume": 256622, "typical_volume": 147024.2, "trend": 139.219975, "fair_value": 112.157077, "relative_strength": -0.687937, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.911877, "energy": 55.968516, "activity_lines": [ 145.860044, 143.759957, 138.75414, 138.644822 ] }, { "date": "2025-07-04", "close": 151.55272, "volume": 156119, "typical_volume": 151671.4, "trend": 139.323914, "fair_value": 112.559894, "relative_strength": -0.458653, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.414454, "energy": 77.643824, "activity_lines": [ 147.985438, 145.612336, 140.12604, 139.440483 ] }, { "date": "2025-07-11", "close": 150.044882, "volume": 153920, "typical_volume": 155108.1, "trend": 139.51249, "fair_value": 112.961152, "relative_strength": -1.206208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.938466, "energy": 83.641166, "activity_lines": [ 149.035165, 146.823646, 141.3386, 140.132158 ] }, { "date": "2025-07-18", "close": 153.375107, "volume": 91351, "typical_volume": 155211.6, "trend": 139.937757, "fair_value": 113.365785, "relative_strength": -0.389681, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.539987, "energy": 89.528327, "activity_lines": [ 150.93131, 148.380956, 142.83084, 141.026521 ] }, { "date": "2025-07-25", "close": 155.906478, "volume": 127362, "typical_volume": 152203.45, "trend": 140.460703, "fair_value": 113.755976, "relative_strength": 0.260859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.681196, "energy": 92.934914, "activity_lines": [ 153.00131, 150.094616, 144.504503, 142.056761 ] }, { "date": "2025-08-01", "close": 153.075038, "volume": 54467, "typical_volume": 145329.8, "trend": 140.900241, "fair_value": 114.126321, "relative_strength": 0.569832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.277953, "energy": 85.463422, "activity_lines": [ 153.384594, 151.062558, 145.802211, 142.870589 ] }, { "date": "2025-08-08", "close": 154.997781, "volume": 137147, "typical_volume": 145708.35, "trend": 141.48234, "fair_value": 114.48844, "relative_strength": -1.844509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.422515, "energy": 84.092873, "activity_lines": [ 154.120239, 152.156029, 147.176332, 143.780108 ] }, { "date": "2025-08-15", "close": 155.496266, "volume": 40583, "typical_volume": 132848.95, "trend": 141.890366, "fair_value": 114.859223, "relative_strength": -2.062422, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.557968, "energy": 81.673815, "activity_lines": [ 154.792375, 153.121208, 148.490499, 144.684232 ] }, { "date": "2025-08-22", "close": 156.094209, "volume": 68191, "typical_volume": 118288.45, "trend": 142.208434, "fair_value": 115.253132, "relative_strength": -0.829597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.419003, "energy": 65.800022, "activity_lines": [ 155.3004, 154.024082, 149.745549, 145.600609 ] }, { "date": "2025-08-29", "close": 156.479157, "volume": 71977, "typical_volume": 109829.85, "trend": 142.576905, "fair_value": 115.670623, "relative_strength": -0.359575, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.465056, "energy": 64.984886, "activity_lines": [ 155.755468, 154.764799, 150.857578, 146.521301 ] }, { "date": "2025-09-05", "close": 156.350841, "volume": 65309, "typical_volume": 104651.6, "trend": 142.877592, "fair_value": 116.062343, "relative_strength": -1.425045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.787859, "energy": 62.161671, "activity_lines": [ 156.129585, 155.269163, 151.811078, 147.409942 ] }, { "date": "2025-09-12", "close": 159.808084, "volume": 52395, "typical_volume": 102465.0, "trend": 143.26293, "fair_value": 116.506642, "relative_strength": -1.104673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.955432, "energy": 66.833808, "activity_lines": [ 157.437729, 156.26386, 152.949854, 148.502231 ] }, { "date": "2025-09-19", "close": 162.271652, "volume": 54561, "typical_volume": 101917.85, "trend": 143.932879, "fair_value": 117.000326, "relative_strength": -1.714371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.066637, "energy": 69.586273, "activity_lines": [ 159.246376, 157.556382, 154.187846, 149.728601 ] }, { "date": "2025-09-26", "close": 159.474363, "volume": 65443, "typical_volume": 99463.55, "trend": 144.553808, "fair_value": 117.483203, "relative_strength": -2.960265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.765208, "energy": 62.226007, "activity_lines": [ 159.670901, 158.118, 155.033244, 150.731277 ] }, { "date": "2025-10-03", "close": 160.574403, "volume": 106368, "typical_volume": 100239.9, "trend": 145.453463, "fair_value": 117.95926, "relative_strength": -3.422777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.896698, "energy": 62.842323, "activity_lines": [ 160.236762, 158.76873, 155.874771, 151.764864 ] }, { "date": "2025-10-10", "close": 157.120774, "volume": 52718, "typical_volume": 91594.9, "trend": 146.335254, "fair_value": 118.426231, "relative_strength": -3.260792, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.664085, "energy": 52.128631, "activity_lines": [ 159.378397, 158.706657, 156.304677, 152.517593 ] }, { "date": "2025-10-17", "close": 159.186536, "volume": 58594, "typical_volume": 92485.55, "trend": 147.226885, "fair_value": 118.881286, "relative_strength": -4.250185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.572572, "energy": 43.760493, "activity_lines": [ 159.157291, 158.946617, 156.853373, 153.346708 ] }, { "date": "2025-10-24", "close": 163.045821, "volume": 74793, "typical_volume": 89444.8, "trend": 148.290985, "fair_value": 119.335671, "relative_strength": -3.982699, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.744789, "energy": 48.561039, "activity_lines": [ 160.264049, 159.812107, 157.692337, 154.367285 ] }, { "date": "2025-10-31", "close": 163.377922, "volume": 48252, "typical_volume": 89724.9, "trend": 149.791557, "fair_value": 119.800319, "relative_strength": -5.531339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.486607, "energy": 49.88171, "activity_lines": [ 161.429897, 160.600714, 158.482187, 155.340636 ] }, { "date": "2025-11-07", "close": 159.848838, "volume": 79794, "typical_volume": 90798.3, "trend": 150.928033, "fair_value": 120.218069, "relative_strength": -4.533402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.07938, "energy": 43.347423, "activity_lines": [ 161.159146, 160.615238, 158.840449, 155.989493 ] }, { "date": "2025-11-14", "close": 156.146359, "volume": 80445, "typical_volume": 81989.45, "trend": 151.929119, "fair_value": 120.6165, "relative_strength": -6.421926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.067346, "energy": 28.759369, "activity_lines": [ 159.702606, 159.895317, 158.774257, 156.326159 ] }, { "date": "2025-11-21", "close": 151.194329, "volume": 78962, "typical_volume": 78131.6, "trend": 152.589854, "fair_value": 120.972973, "relative_strength": -6.284517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 8.556473, "energy": 9.795511, "activity_lines": [ 156.660351, 158.278745, 158.201206, 156.278753 ] }, { "date": "2025-11-28", "close": 159.774783, "volume": 32144, "typical_volume": 72042.8, "trend": 153.389926, "fair_value": 121.376252, "relative_strength": -5.412045, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.854769, "energy": 16.776568, "activity_lines": [ 157.01106, 158.378869, 158.447048, 156.742297 ] }, { "date": "2025-12-05", "close": 160.961871, "volume": 117828, "typical_volume": 73366.65, "trend": 154.199965, "fair_value": 121.816017, "relative_strength": -5.484501, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.911908, "energy": 16.698298, "activity_lines": [ 157.975535, 158.740225, 158.759613, 157.230809 ] }, { "date": "2025-12-12", "close": 160.041823, "volume": 31950, "typical_volume": 68596.05, "trend": 154.761148, "fair_value": 122.258712, "relative_strength": -4.121774, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.336659, "energy": 11.466248, "activity_lines": [ 158.794398, 158.907254, 158.948427, 157.607703 ] }, { "date": "2025-12-19", "close": 161.282931, "volume": 44753, "typical_volume": 68110.35, "trend": 155.445522, "fair_value": 122.710589, "relative_strength": -3.839313, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.06152, "energy": 29.554037, "activity_lines": [ 160.014097, 159.309622, 159.23575, 158.028464 ] }, { "date": "2025-12-26", "close": 162.882698, "volume": 40845, "typical_volume": 63295.25, "trend": 156.109715, "fair_value": 123.176264, "relative_strength": -4.014905, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.64867, "energy": 44.733008, "activity_lines": [ 161.424614, 159.927182, 159.636346, 158.508281 ] }, { "date": "2026-01-02", "close": 161.879995, "volume": 36762, "typical_volume": 63104.2, "trend": 156.636047, "fair_value": 123.631272, "relative_strength": -2.881489, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.392156, "energy": 42.792038, "activity_lines": [ 161.721672, 160.295229, 159.9039, 158.880558 ] }, { "date": "2026-01-09", "close": 164.06503, "volume": 84425, "typical_volume": 63915.9, "trend": 157.327346, "fair_value": 124.084469, "relative_strength": -3.622721, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.701502, "energy": 50.851674, "activity_lines": [ 162.606727, 161.081751, 160.349153, 159.359847 ] }, { "date": "2026-01-16", "close": 165.612917, "volume": 89594, "typical_volume": 64796.75, "trend": 158.022345, "fair_value": 124.550878, "relative_strength": -1.804231, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.493259, "energy": 55.352501, "activity_lines": [ 163.800868, 162.137215, 160.903868, 159.8944 ] }, { "date": "2026-01-23", "close": 164.474867, "volume": 97396, "typical_volume": 66401.1, "trend": 158.546616, "fair_value": 125.004044, "relative_strength": -2.611267, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.317569, "energy": 49.421562, "activity_lines": [ 164.244252, 162.880959, 161.306703, 160.310692 ] }, { "date": "2026-01-30", "close": 162.201767, "volume": 85545, "typical_volume": 68058.6, "trend": 158.901584, "fair_value": 125.438526, "relative_strength": -3.69616, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.163759, "energy": 39.741283, "activity_lines": [ 163.717141, 163.059985, 161.454367, 160.546508 ] }, { "date": "2026-02-06", "close": 162.865505, "volume": 118694, "typical_volume": 71265.25, "trend": 159.328938, "fair_value": 125.877833, "relative_strength": -1.251568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.77265, "energy": 30.536942, "activity_lines": [ 163.456671, 163.159556, 161.653845, 160.802245 ] }, { "date": "2026-02-13", "close": 162.225758, "volume": 284477, "typical_volume": 82216.95, "trend": 159.62396, "fair_value": 126.318796, "relative_strength": -0.32425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.056829, "energy": 20.160326, "activity_lines": [ 162.917251, 163.086613, 161.789567, 160.989136 ] }, { "date": "2026-02-20", "close": 164.208073, "volume": 39565, "typical_volume": 78876.8, "trend": 159.90068, "fair_value": 126.785881, "relative_strength": -0.234715, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.116439, "energy": 20.565389, "activity_lines": [ 163.161221, 163.351112, 162.100979, 161.284885 ] }, { "date": "2026-02-27", "close": 163.537638, "volume": 156263, "typical_volume": 84054.05, "trend": 160.249433, "fair_value": 127.233798, "relative_strength": -0.32768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.755226, "energy": 20.50454, "activity_lines": [ 163.275369, 163.417964, 162.331237, 161.519528 ] }, { "date": "2026-03-06", "close": 157.841394, "volume": 96857, "typical_volume": 85967.2, "trend": 160.34422, "fair_value": 127.675953, "relative_strength": -2.521895, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.720967, "energy": 8.954034, "activity_lines": [ 161.553251, 162.40814, 161.988439, 161.36417 ] }, { "date": "2026-03-13", "close": 155.028608, "volume": 81109, "typical_volume": 86283.0, "trend": 160.328632, "fair_value": 128.109251, "relative_strength": -3.199266, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.578894, "energy": 23.997078, "activity_lines": [ 159.184229, 160.978561, 161.384162, 161.021228 ] }, { "date": "2026-03-20", "close": 153.424843, "volume": 82773, "typical_volume": 88009.05, "trend": 160.239653, "fair_value": 128.528068, "relative_strength": -2.189389, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.334346, "energy": 46.819202, "activity_lines": [ 156.803079, 159.381959, 160.665323, 160.575822 ] }, { "date": "2026-03-27", "close": 150.7562, "volume": 95734, "typical_volume": 88806.05, "trend": 160.048887, "fair_value": 128.90408, "relative_strength": -0.594568, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.692043, "energy": 72.586442, "activity_lines": [ 154.119108, 157.493606, 159.739722, 159.963986 ] }, { "date": "2026-04-03", "close": 156.5563, "volume": 122565, "typical_volume": 90912.05, "trend": 160.055736, "fair_value": 129.322475, "relative_strength": -0.625508, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.341396, "energy": 64.498112, "activity_lines": [ 154.265296, 156.92994, 159.409811, 159.738658 ] }, { "date": "2026-04-10", "close": 164.195, "volume": 123362, "typical_volume": 93132.05, "trend": 160.201967, "fair_value": 129.780382, "relative_strength": -0.159846, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.373866, "energy": 24.725962, "activity_lines": [ 157.42314, 157.899102, 159.805443, 160.005707 ] }, { "date": "2026-04-17", "close": 170.7291, "volume": 76442, "typical_volume": 95346.95, "trend": 160.483882, "fair_value": 130.279984, "relative_strength": -2.075938, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.820304, "energy": 22.925112, "activity_lines": [ 162.335443, 160.020042, 160.761462, 160.684877 ] }, { "date": "2026-04-24", "close": 170.602326, "volume": 104952, "typical_volume": 94703.15, "trend": 160.854814, "fair_value": 130.78074, "relative_strength": -4.107044, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.08679, "energy": 48.825473, "activity_lines": [ 166.158789, 161.974957, 161.653244, 161.33768 ] }, { "date": "2026-05-01", "close": 171.694387, "volume": 116793, "typical_volume": 98945.3, "trend": 161.22548, "fair_value": 131.292557, "relative_strength": -4.798796, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.623216, "energy": 60.987722, "activity_lines": [ 169.200989, 163.976128, 162.603125, 162.037008 ] }, { "date": "2026-05-08", "close": 176.37986, "volume": 74813, "typical_volume": 100448.3, "trend": 161.867449, "fair_value": 131.835869, "relative_strength": -7.078448, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.343499, "energy": 81.514723, "activity_lines": [ 172.409135, 166.693088, 163.943753, 163.01471 ] }, { "date": "2026-05-15", "close": 175.876571, "volume": 49739, "typical_volume": 100893.0, "trend": 162.423784, "fair_value": 132.366627, "relative_strength": -6.858241, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.705669, "energy": 79.902373, "activity_lines": [ 174.127947, 169.085046, 165.164558, 163.918524 ] }, { "date": "2026-05-22", "close": 179.365007, "volume": 48056, "typical_volume": 101457.7, "trend": 162.967757, "fair_value": 132.92146, "relative_strength": -5.964288, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.932558, "energy": 80.649346, "activity_lines": [ 176.2308, 171.783353, 166.65572, 165.011506 ] }, { "date": "2026-05-29", "close": 184.195948, "volume": 44434, "typical_volume": 99458.15, "trend": 163.661691, "fair_value": 133.495522, "relative_strength": -5.965065, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.512498, "energy": 84.964243, "activity_lines": [ 179.368239, 174.917532, 168.523709, 166.381067 ] }, { "date": "2026-06-05", "close": 179.152753, "volume": 80421, "typical_volume": 98999.5, "trend": 164.305155, "fair_value": 134.033321, "relative_strength": -4.069318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.508756, "energy": 69.332989, "activity_lines": [ 179.918372, 176.575293, 169.815533, 167.38049 ] }, { "date": "2026-06-12", "close": 185.439876, "volume": 43019, "typical_volume": 96280.65, "trend": 165.281605, "fair_value": 134.591752, "relative_strength": -2.831537, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.72762, "energy": 70.636938, "activity_lines": [ 182.066988, 178.859866, 171.641655, 168.74402 ] }, { "date": "2026-06-19", "close": 192.179099, "volume": 58584, "typical_volume": 94932.6, "trend": 166.647764, "fair_value": 135.205312, "relative_strength": -1.805268, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.569235, "energy": 81.842685, "activity_lines": [ 185.858011, 181.844596, 174.009775, 170.479343 ] }, { "date": "2026-06-26", "close": 186.6831, "volume": 73739, "typical_volume": 92684.85, "trend": 167.544708, "fair_value": 135.758416, "relative_strength": -0.060473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.30288, "energy": 63.914744, "activity_lines": [ 186.730199, 183.321252, 175.711716, 171.771945 ] }, { "date": "2026-07-03", "close": 183.8107, "volume": 150634, "typical_volume": 85992.7, "trend": 168.306336, "fair_value": 136.30391, "relative_strength": -2.327442, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.110343, "energy": 55.451112, "activity_lines": [ 186.157047, 183.985581, 177.026679, 172.821364 ] }, { "date": "2026-07-10", "close": 184.3645, "volume": 66176, "typical_volume": 87323.25, "trend": 169.117092, "fair_value": 136.834399, "relative_strength": -3.65279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.240107, "energy": 50.53433, "activity_lines": [ 185.794178, 184.510448, 178.291599, 173.857374 ] }, { "date": "2026-07-17", "close": 176.2222, "volume": 49773, "typical_volume": 81998.75, "trend": 169.615067, "fair_value": 137.31117, "relative_strength": -3.764503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.123968, "energy": 30.604158, "activity_lines": [ 182.36976, 183.324531, 178.685079, 174.315768 ] }, { "date": "2026-07-24", "close": 176.7504, "volume": 144571, "typical_volume": 84384.45, "trend": 170.077324, "fair_value": 137.789166, "relative_strength": -1.781312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.383176, "energy": 21.800046, "activity_lines": [ 179.73592, 182.237517, 179.068461, 174.776112 ] }, { "date": "2026-07-31", "close": 176.0842, "volume": 57794, "typical_volume": 83218.7, "trend": 170.550798, "fair_value": 138.2756, "relative_strength": -2.533428, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.778224, "energy": 21.762675, "activity_lines": [ 177.908593, 181.013489, 179.298353, 175.163653 ] }, { "date": "2026-08-07", "close": 183.93, "volume": 75489, "typical_volume": 82854.5, "trend": 171.212963, "fair_value": 138.818871, "relative_strength": -3.008219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.662329, "energy": 23.165884, "activity_lines": [ 179.403127, 181.27562, 180.175198, 176.026827 ] } ], "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." } } }