{ "ticker": { "uuid": "05ffaa93-9a5f-4d13-8a66-c06666cceb7e", "symbol": "GII", "name": "STATE STREET SPDR S&P GLOBAL INFRASTRUCTURE ETF", "exchange": "NYSEARCA", "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": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 81.453, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 25.937, "architecture_energy": 14.516, "architecture_maturity": 35.863, "architecture_confidence": 43.246, "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": 55.26, "rotation_up": 37.15, "upward_expansion": 61.64, "deceleration": 60.47, "rotation_down": 22.57, "downward_expansion": 13.98 }, "activity_lines": [ 75.94, 76.004244, 75.796543, 75.684739 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 75.17, "trend_reference": 75.251036, "distance_from_trend": -0.001077, "trend_direction": "Improving", "fair_value": 60.320801, "distance_from_fair_value": 0.24617, "fair_value_direction": "Weakening", "relative_strength": -7.235951, "relative_strength_direction": "Weakening", "price_momentum": 0.016459, "excess_performance": -0.109166, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.001077, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.031818, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.24617, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.049837, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.07236, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.033949, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.016459, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.005484, "read": "Demand-led" } ], "volume": { "latest": 226789, "relative_activity": 0.671692, "balance": 1.005484, "dry_up": 0.573172, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.020291, "annualized_volatility": 0.114777, "from_high_reference": -0.037743, "from_low_reference": 0.144305 }, "levels": { "trend_reference": 75.251036, "fair_value_reference": 60.320801, "structural_low": 73.220591, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 17, "median_return": 0.007212, "positive_rate": 0.588235, "directional_follow_through": 0.588235, "median_excess_return": -0.009566, "regime_survival": 0.470588, "best_return": 0.041847, "worst_return": -0.074567, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.003917, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.038115, "regime_survival": 0.222222, "best_return": 0.120534, "worst_return": -0.036905, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.034955, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.042513, "regime_survival": 0.0, "best_return": 0.138784, "worst_return": -0.049609, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.057764, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.003459, "regime_survival": 0.75, "best_return": 0.251976, "worst_return": 0.021849, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-08-25", "end": "2023-12-01", "tenure": "Established", "return": 0.027069, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-08", "end": "2024-01-12", "tenure": "Developing", "return": 0.032617, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-01-19", "end": "2024-02-02", "tenure": "New", "return": 0.002311, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-15", "tenure": "Developing", "return": 0.040256, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-06-28", "tenure": "Established", "return": 0.04476, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.029592, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-11-15", "tenure": "Established", "return": 0.085325, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": 0.008146, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2024-12-27", "tenure": "New", "return": -0.032795, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-04-25", "tenure": "Established", "return": 0.064591, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-02", "end": "2026-03-27", "tenure": "Extended", "return": 0.200829, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": -0.002728, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.024876, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": -0.007575, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 46.674135, "volume": 233171, "typical_volume": 148386.75, "trend": 48.422737, "fair_value": 45.858171, "relative_strength": -9.318347, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.042841, "energy": 50.898303, "activity_lines": [ 47.645947, 48.054245, 48.285226, 48.364084 ] }, { "date": "2023-08-25", "close": 46.749705, "volume": 135423, "typical_volume": 133407.3, "trend": 48.335988, "fair_value": 45.912532, "relative_strength": -9.650592, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.768835, "energy": 65.095049, "activity_lines": [ 47.197388, 47.785065, 48.108281, 48.256146 ] }, { "date": "2023-09-01", "close": 46.86442, "volume": 78927, "typical_volume": 132335.55, "trend": 48.273596, "fair_value": 45.968565, "relative_strength": -11.406305, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.569936, "energy": 67.159175, "activity_lines": [ 46.96869, 47.578533, 47.955461, 48.161207 ] }, { "date": "2023-09-08", "close": 46.266382, "volume": 116687, "typical_volume": 129941.7, "trend": 48.200197, "fair_value": 46.025091, "relative_strength": -11.168288, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.553239, "energy": 72.737338, "activity_lines": [ 46.683812, 47.273486, 47.758304, 48.031709 ] }, { "date": "2023-09-15", "close": 47.03921, "volume": 290525, "typical_volume": 135031.95, "trend": 48.150486, "fair_value": 46.087284, "relative_strength": -9.309108, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.445227, "energy": 61.188726, "activity_lines": [ 46.735226, 47.14701, 47.650678, 47.956806 ] }, { "date": "2023-09-22", "close": 46.255056, "volume": 333044, "typical_volume": 147329.7, "trend": 48.105951, "fair_value": 46.149079, "relative_strength": -7.916989, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.180236, "energy": 55.763228, "activity_lines": [ 46.580654, 46.89587, 47.481935, 47.834521 ] }, { "date": "2023-09-29", "close": 44.63537, "volume": 87671, "typical_volume": 141574.85, "trend": 47.984435, "fair_value": 46.1964, "relative_strength": -10.31005, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.083426, "energy": 73.284009, "activity_lines": [ 45.914126, 46.399544, 47.176363, 47.610612 ] }, { "date": "2023-10-06", "close": 43.10403, "volume": 172386, "typical_volume": 147416.25, "trend": 47.855322, "fair_value": 46.225871, "relative_strength": -13.556246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.121084, "energy": 85.490584, "activity_lines": [ 44.878107, 45.712767, 46.748741, 47.295747 ] }, { "date": "2023-10-13", "close": 43.949167, "volume": 194720, "typical_volume": 153316.25, "trend": 47.756166, "fair_value": 46.262736, "relative_strength": -12.04431, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.364113, "energy": 85.613527, "activity_lines": [ 44.374492, 45.287068, 46.427505, 47.043737 ] }, { "date": "2023-10-20", "close": 42.94999, "volume": 198192, "typical_volume": 157932.7, "trend": 47.619835, "fair_value": 46.288682, "relative_strength": -11.740155, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.740538, "energy": 90.485894, "activity_lines": [ 43.6923, 44.74329, 46.026975, 46.733662 ] }, { "date": "2023-10-27", "close": 42.777828, "volume": 165085, "typical_volume": 156117.75, "trend": 47.424795, "fair_value": 46.329202, "relative_strength": -9.663636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.497067, "energy": 89.311767, "activity_lines": [ 43.225335, 44.257668, 45.633652, 46.421274 ] }, { "date": "2023-11-03", "close": 45.704589, "volume": 128052, "typical_volume": 154450.0, "trend": 47.297554, "fair_value": 46.376091, "relative_strength": -8.564167, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.097987, "energy": 54.488497, "activity_lines": [ 43.965773, 44.375027, 45.544122, 46.310293 ] }, { "date": "2023-11-10", "close": 44.961572, "volume": 361336, "typical_volume": 167217.55, "trend": 47.145788, "fair_value": 46.400516, "relative_strength": -11.003068, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.38038, "energy": 41.353948, "activity_lines": [ 44.387256, 44.376294, 45.39975, 46.159584 ] }, { "date": "2023-11-17", "close": 46.746625, "volume": 327645, "typical_volume": 180483.05, "trend": 47.050306, "fair_value": 46.434694, "relative_strength": -9.310356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.346032, "energy": 19.763911, "activity_lines": [ 45.279922, 44.736713, 45.437121, 46.133832 ] }, { "date": "2023-11-24", "close": 47.208745, "volume": 65109, "typical_volume": 181792.2, "trend": 46.961003, "fair_value": 46.469035, "relative_strength": -9.058595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.30139, "energy": 23.044401, "activity_lines": [ 46.14013, 45.172423, 45.526183, 46.144054 ] }, { "date": "2023-12-01", "close": 48.01519, "volume": 327992, "typical_volume": 191549.4, "trend": 46.897689, "fair_value": 46.507286, "relative_strength": -8.030682, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 31.397273, "energy": 36.64329, "activity_lines": [ 46.985236, 45.751676, 45.695934, 46.212066 ] }, { "date": "2023-12-08", "close": 47.797721, "volume": 80611, "typical_volume": 191722.8, "trend": 46.836559, "fair_value": 46.545531, "relative_strength": -8.378805, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.916173, "energy": 40.352912, "activity_lines": [ 47.408695, 46.259387, 45.849504, 46.270133 ] }, { "date": "2023-12-15", "close": 48.897346, "volume": 290361, "typical_volume": 202408.5, "trend": 46.848386, "fair_value": 46.58832, "relative_strength": -8.164904, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.716083, "energy": 57.680446, "activity_lines": [ 48.059153, 46.909532, 46.115782, 46.403087 ] }, { "date": "2023-12-22", "close": 49.384519, "volume": 162521, "typical_volume": 206323.1, "trend": 46.918505, "fair_value": 46.636312, "relative_strength": -7.766283, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.085834, "energy": 67.208462, "activity_lines": [ 48.609618, 47.542922, 46.429003, 46.566708 ] }, { "date": "2023-12-29", "close": 49.569862, "volume": 83148, "typical_volume": 191630.3, "trend": 46.973952, "fair_value": 46.683412, "relative_strength": -7.429183, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.015554, "energy": 71.442029, "activity_lines": [ 49.046004, 48.111185, 46.750648, 46.737763 ] }, { "date": "2024-01-05", "close": 49.551327, "volume": 76158, "typical_volume": 183779.65, "trend": 47.024353, "fair_value": 46.724207, "relative_strength": -5.683411, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.786245, "energy": 74.567543, "activity_lines": [ 49.318804, 48.555718, 47.062434, 46.904046 ] }, { "date": "2024-01-12", "close": 49.356718, "volume": 140702, "typical_volume": 184043.6, "trend": 47.034638, "fair_value": 46.765437, "relative_strength": -7.431225, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.623595, "energy": 80.711104, "activity_lines": [ 49.424325, 48.841712, 47.341985, 47.054521 ] }, { "date": "2024-01-19", "close": 47.763606, "volume": 38852, "typical_volume": 182039.85, "trend": 47.045875, "fair_value": 46.79939, "relative_strength": -11.067775, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.958113, "energy": 51.082431, "activity_lines": [ 48.894875, 48.771647, 47.457397, 47.101551 ] }, { "date": "2024-01-26", "close": 48.096481, "volume": 75035, "typical_volume": 179957.25, "trend": 47.037108, "fair_value": 46.841552, "relative_strength": -10.981031, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.943398, "energy": 35.467752, "activity_lines": [ 48.551967, 48.711159, 47.600229, 47.169332 ] }, { "date": "2024-02-02", "close": 47.873977, "volume": 128795, "typical_volume": 171870.75, "trend": 47.032099, "fair_value": 46.872952, "relative_strength": -12.284366, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.731136, "energy": 26.2796, "activity_lines": [ 48.220759, 48.585673, 47.713156, 47.223324 ] }, { "date": "2024-02-09", "close": 47.00537, "volume": 142139, "typical_volume": 162325.5, "trend": 46.966724, "fair_value": 46.900808, "relative_strength": -14.654275, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.546799, "energy": 28.80748, "activity_lines": [ 47.713075, 48.290163, 47.739383, 47.221599 ] }, { "date": "2024-02-16", "close": 47.429155, "volume": 81612, "typical_volume": 162022.55, "trend": 46.898561, "fair_value": 46.934564, "relative_strength": -13.197963, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.167196, "energy": 27.093472, "activity_lines": [ 47.516384, 48.090065, 47.802397, 47.251433 ] }, { "date": "2024-02-23", "close": 48.19601, "volume": 62342, "typical_volume": 156520.35, "trend": 46.871364, "fair_value": 46.975352, "relative_strength": -12.829259, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.332503, "energy": 24.437742, "activity_lines": [ 47.703814, 48.036096, 47.925142, 47.33514 ] }, { "date": "2024-03-01", "close": 47.988334, "volume": 96522, "typical_volume": 151610.45, "trend": 46.889422, "fair_value": 47.011198, "relative_strength": -13.62835, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.934066, "energy": 16.301929, "activity_lines": [ 47.793193, 47.95712, 48.003861, 47.407202 ] }, { "date": "2024-03-08", "close": 48.97241, "volume": 63585, "typical_volume": 144880.1, "trend": 46.926162, "fair_value": 47.043802, "relative_strength": -11.222954, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.823712, "energy": 31.633139, "activity_lines": [ 48.217806, 48.082452, 48.157066, 47.541589 ] }, { "date": "2024-03-15", "close": 48.897624, "volume": 171105, "typical_volume": 145181.1, "trend": 47.000278, "fair_value": 47.080397, "relative_strength": -10.89278, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.093278, "energy": 47.279493, "activity_lines": [ 48.544262, 48.20505, 48.274472, 47.66878 ] }, { "date": "2024-03-22", "close": 49.226978, "volume": 72906, "typical_volume": 142423.8, "trend": 47.082854, "fair_value": 47.117913, "relative_strength": -11.839396, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.176314, "energy": 66.624925, "activity_lines": [ 48.854353, 48.399415, 48.394102, 47.812438 ] }, { "date": "2024-03-29", "close": 50.181492, "volume": 57405, "typical_volume": 127227.25, "trend": 47.193423, "fair_value": 47.158136, "relative_strength": -10.052688, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.830129, "energy": 80.912951, "activity_lines": [ 49.36276, 48.769687, 48.587865, 48.01235 ] }, { "date": "2024-04-05", "close": 49.90283, "volume": 56641, "typical_volume": 113677.05, "trend": 47.314638, "fair_value": 47.193365, "relative_strength": -9.317846, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.439404, "energy": 77.401165, "activity_lines": [ 49.645914, 49.045332, 48.730232, 48.187151 ] }, { "date": "2024-04-12", "close": 48.637774, "volume": 111903, "typical_volume": 116016.75, "trend": 47.367923, "fair_value": 47.216286, "relative_strength": -9.871126, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.772933, "energy": 52.633643, "activity_lines": [ 49.37975, 49.058124, 48.737089, 48.272514 ] }, { "date": "2024-04-19", "close": 48.911896, "volume": 147049, "typical_volume": 106969.6, "trend": 47.456485, "fair_value": 47.241482, "relative_strength": -6.092337, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.132585, "energy": 41.410339, "activity_lines": [ 49.227269, 49.106869, 48.763247, 48.372125 ] }, { "date": "2024-04-26", "close": 50.061019, "volume": 167152, "typical_volume": 111296.65, "trend": 47.63734, "fair_value": 47.273556, "relative_strength": -5.964589, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.131497, "energy": 42.301518, "activity_lines": [ 49.456877, 49.329882, 48.894575, 48.54016 ] }, { "date": "2024-05-03", "close": 50.950664, "volume": 49081, "typical_volume": 99232.65, "trend": 47.898894, "fair_value": 47.305636, "relative_strength": -4.455807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.188392, "energy": 48.402559, "activity_lines": [ 49.927431, 49.666796, 49.099854, 48.753923 ] }, { "date": "2024-05-10", "close": 52.544609, "volume": 100557, "typical_volume": 96134.45, "trend": 48.185409, "fair_value": 47.349025, "relative_strength": -2.889273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.645677, "energy": 81.842352, "activity_lines": [ 50.878022, 50.243434, 49.447159, 49.053646 ] }, { "date": "2024-05-17", "close": 53.32138, "volume": 39138, "typical_volume": 93933.95, "trend": 48.531122, "fair_value": 47.398147, "relative_strength": -2.751356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.680593, "energy": 95.029174, "activity_lines": [ 51.911417, 50.878461, 49.853395, 49.384999 ] }, { "date": "2024-05-24", "close": 52.368534, "volume": 33101, "typical_volume": 91781.1, "trend": 48.850812, "fair_value": 47.443005, "relative_strength": -4.215321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.965663, "energy": 88.029501, "activity_lines": [ 52.314958, 51.261171, 50.151019, 49.632574 ] }, { "date": "2024-05-31", "close": 53.100637, "volume": 44801, "typical_volume": 86986.05, "trend": 49.097347, "fair_value": 47.489178, "relative_strength": -2.260367, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.29687, "energy": 90.331212, "activity_lines": [ 52.73209, 51.713884, 50.504951, 49.906756 ] }, { "date": "2024-06-07", "close": 52.12676, "volume": 113564, "typical_volume": 90721.65, "trend": 49.336186, "fair_value": 47.525442, "relative_strength": -4.966386, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.887607, "energy": 79.604681, "activity_lines": [ 52.621955, 51.919098, 50.748306, 50.102202 ] }, { "date": "2024-06-14", "close": 51.383302, "volume": 244928, "typical_volume": 99216.3, "trend": 49.490742, "fair_value": 47.565257, "relative_strength": -7.521187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.966021, "energy": 51.72841, "activity_lines": [ 52.185594, 51.953769, 50.900078, 50.234274 ] }, { "date": "2024-06-21", "close": 51.604645, "volume": 113473, "typical_volume": 98450.2, "trend": 49.637272, "fair_value": 47.603756, "relative_strength": -7.434458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.103133, "energy": 38.963064, "activity_lines": [ 51.900435, 52.001767, 51.057278, 50.370655 ] }, { "date": "2024-06-28", "close": 51.430356, "volume": 641606, "typical_volume": 123423.55, "trend": 49.751111, "fair_value": 47.644037, "relative_strength": -7.417499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.490069, "energy": 27.204413, "activity_lines": [ 51.671628, 51.964132, 51.180115, 50.486338 ] }, { "date": "2024-07-05", "close": 52.154993, "volume": 370756, "typical_volume": 137880.75, "trend": 49.896354, "fair_value": 47.685734, "relative_strength": -7.580665, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.230793, "energy": 26.553244, "activity_lines": [ 51.746913, 52.01246, 51.350893, 50.641427 ] }, { "date": "2024-07-12", "close": 53.698374, "volume": 319204, "typical_volume": 150723.85, "trend": 50.056388, "fair_value": 47.741211, "relative_strength": -5.493522, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.797101, "energy": 47.014623, "activity_lines": [ 52.3997, 52.30333, 51.646156, 50.886719 ] }, { "date": "2024-07-19", "close": 53.161955, "volume": 84204, "typical_volume": 150107.95, "trend": 50.182302, "fair_value": 47.795109, "relative_strength": -4.306901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.111095, "energy": 52.685845, "activity_lines": [ 52.768907, 52.446711, 51.86413, 51.087078 ] }, { "date": "2024-07-26", "close": 53.190564, "volume": 127016, "typical_volume": 153279.5, "trend": 50.302992, "fair_value": 47.848041, "relative_strength": -3.251591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.93298, "energy": 64.785382, "activity_lines": [ 53.029074, 52.58407, 52.060192, 51.281159 ] }, { "date": "2024-08-02", "close": 53.406637, "volume": 275364, "typical_volume": 158492.45, "trend": 50.431503, "fair_value": 47.900225, "relative_strength": -0.613692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.014774, "energy": 71.345341, "activity_lines": [ 53.255536, 52.763092, 52.256746, 51.481395 ] }, { "date": "2024-08-09", "close": 53.528978, "volume": 207132, "typical_volume": 165203.75, "trend": 50.570578, "fair_value": 47.951223, "relative_strength": -0.24121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.90148, "energy": 65.34478, "activity_lines": [ 53.391028, 52.945484, 52.44348, 51.681232 ] }, { "date": "2024-08-16", "close": 54.75239, "volume": 129724, "typical_volume": 168819.7, "trend": 50.803538, "fair_value": 48.012635, "relative_strength": -1.704541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.433555, "energy": 70.149316, "activity_lines": [ 53.842724, 53.342527, 52.726244, 51.951026 ] }, { "date": "2024-08-23", "close": 55.84405, "volume": 114989, "typical_volume": 171737.1, "trend": 51.06179, "fair_value": 48.077105, "relative_strength": -0.980086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.151707, "energy": 85.388482, "activity_lines": [ 54.588039, 53.890314, 53.09121, 52.27622 ] }, { "date": "2024-08-30", "close": 56.126376, "volume": 59674, "typical_volume": 169125.65, "trend": 51.33687, "fair_value": 48.139509, "relative_strength": -0.64348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.42957, "energy": 91.947125, "activity_lines": [ 55.248656, 54.408329, 53.454771, 52.602968 ] }, { "date": "2024-09-06", "close": 55.73112, "volume": 56894, "typical_volume": 164617.9, "trend": 51.627728, "fair_value": 48.205115, "relative_strength": 2.957404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.303514, "energy": 88.413527, "activity_lines": [ 55.581801, 54.772266, 53.74503, 52.886468 ] }, { "date": "2024-09-13", "close": 56.973354, "volume": 176430, "typical_volume": 165081.8, "trend": 51.945868, "fair_value": 48.281054, "relative_strength": 1.311108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.08665, "energy": 93.356756, "activity_lines": [ 56.174058, 55.283868, 54.121124, 53.231347 ] }, { "date": "2024-09-20", "close": 57.528594, "volume": 68692, "typical_volume": 166062.35, "trend": 52.256954, "fair_value": 48.358019, "relative_strength": 1.013982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.561069, "energy": 93.21388, "activity_lines": [ 56.72177, 55.808816, 54.517182, 53.591523 ] }, { "date": "2024-09-27", "close": 58.206176, "volume": 109297, "typical_volume": 166499.35, "trend": 52.597549, "fair_value": 48.439226, "relative_strength": 1.70549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.235856, "energy": 93.245854, "activity_lines": [ 57.310262, 56.38732, 54.946448, 53.975344 ] }, { "date": "2024-10-04", "close": 58.441448, "volume": 81585, "typical_volume": 168621.7, "trend": 52.913184, "fair_value": 48.519854, "relative_strength": 1.84189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.196429, "energy": 92.700884, "activity_lines": [ 57.819704, 56.916888, 55.371162, 54.352369 ] }, { "date": "2024-10-11", "close": 58.224998, "volume": 460909, "typical_volume": 190012.1, "trend": 53.224096, "fair_value": 48.593197, "relative_strength": 0.362692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.739013, "energy": 88.886974, "activity_lines": [ 58.102657, 57.311631, 55.750879, 54.695067 ] }, { "date": "2024-10-18", "close": 59.23196, "volume": 141018, "typical_volume": 194822.95, "trend": 53.557596, "fair_value": 48.670137, "relative_strength": 1.262964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.603422, "energy": 90.836435, "activity_lines": [ 58.555005, 57.801851, 56.19861, 55.082671 ] }, { "date": "2024-10-25", "close": 57.923851, "volume": 260185, "typical_volume": 202154.0, "trend": 53.815674, "fair_value": 48.740607, "relative_strength": 0.082368, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.737067, "energy": 66.965341, "activity_lines": [ 58.420744, 57.950543, 56.492562, 55.364365 ] }, { "date": "2024-11-01", "close": 56.860423, "volume": 443131, "typical_volume": 212064.15, "trend": 54.047594, "fair_value": 48.80043, "relative_strength": -0.244427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.942726, "energy": 60.164515, "activity_lines": [ 57.905656, 57.848221, 56.657631, 55.5608 ] }, { "date": "2024-11-08", "close": 57.999137, "volume": 299512, "typical_volume": 221366.1, "trend": 54.359639, "fair_value": 48.872323, "relative_strength": -2.743715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.772235, "energy": 52.550955, "activity_lines": [ 57.859857, 57.934459, 56.905066, 55.815739 ] }, { "date": "2024-11-15", "close": 57.69799, "volume": 270011, "typical_volume": 202786.35, "trend": 54.652509, "fair_value": 48.948841, "relative_strength": -1.067911, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.585704, "energy": 40.263751, "activity_lines": [ 57.743162, 57.931892, 57.093372, 56.031116 ] }, { "date": "2024-11-22", "close": 59.070752, "volume": 160187, "typical_volume": 192257.9, "trend": 54.952834, "fair_value": 49.038318, "relative_strength": -0.260454, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.529709, "energy": 48.738526, "activity_lines": [ 58.119189, 58.143158, 57.38257, 56.316164 ] }, { "date": "2024-11-29", "close": 59.55193, "volume": 141430, "typical_volume": 183369.2, "trend": 55.239542, "fair_value": 49.13274, "relative_strength": -0.484833, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.742449, "energy": 62.117033, "activity_lines": [ 58.666355, 58.403775, 57.684663, 56.61288 ] }, { "date": "2024-12-06", "close": 58.733185, "volume": 201986, "typical_volume": 189258.3, "trend": 55.445828, "fair_value": 49.215949, "relative_strength": -2.539315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.408778, "energy": 55.29619, "activity_lines": [ 58.832068, 58.478742, 57.880906, 56.838276 ] }, { "date": "2024-12-13", "close": 57.387431, "volume": 232349, "typical_volume": 194524.95, "trend": 55.581363, "fair_value": 49.293632, "relative_strength": -4.015307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.119147, "energy": 46.706485, "activity_lines": [ 58.424345, 58.299445, 57.922452, 56.963541 ] }, { "date": "2024-12-20", "close": 56.395042, "volume": 498023, "typical_volume": 205657.9, "trend": 55.71558, "fair_value": 49.357616, "relative_strength": -3.720523, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.325591, "energy": 18.384342, "activity_lines": [ 57.726607, 57.958877, 57.8495, 57.016036 ] }, { "date": "2024-12-27", "close": 56.807034, "volume": 151282, "typical_volume": 202865.4, "trend": 55.839127, "fair_value": 49.42024, "relative_strength": -3.456056, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.427091, "energy": 16.578569, "activity_lines": [ 57.253062, 57.726489, 57.801555, 57.086453 ] }, { "date": "2025-01-03", "close": 57.554369, "volume": 147922, "typical_volume": 203775.3, "trend": 56.020047, "fair_value": 49.48632, "relative_strength": -1.488252, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.240499, "energy": 18.948342, "activity_lines": [ 57.179544, 57.674069, 57.809174, 57.197113 ] }, { "date": "2025-01-10", "close": 56.61541, "volume": 59704, "typical_volume": 201011.05, "trend": 56.194451, "fair_value": 49.542436, "relative_strength": -1.040801, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.440026, "energy": 16.593304, "activity_lines": [ 56.92621, 57.457647, 57.714027, 57.235524 ] }, { "date": "2025-01-17", "close": 58.866995, "volume": 264889, "typical_volume": 211271.8, "trend": 56.436529, "fair_value": 49.620265, "relative_strength": -0.013407, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.980231, "energy": 13.388984, "activity_lines": [ 57.564589, 57.655059, 57.829642, 57.407946 ] }, { "date": "2025-01-24", "close": 59.144851, "volume": 75073, "typical_volume": 212180.75, "trend": 56.693679, "fair_value": 49.703297, "relative_strength": -1.206974, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 46.989082, "energy": 28.519075, "activity_lines": [ 58.196949, 57.887212, 57.95867, 57.582677 ] }, { "date": "2025-01-31", "close": 57.717249, "volume": 106278, "typical_volume": 208673.15, "trend": 56.879087, "fair_value": 49.771422, "relative_strength": -2.564919, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.484979, "energy": 23.09381, "activity_lines": [ 58.170122, 57.833493, 57.93548, 57.648713 ] }, { "date": "2025-02-07", "close": 58.090917, "volume": 173464, "typical_volume": 213911.75, "trend": 57.025506, "fair_value": 49.840664, "relative_strength": -1.795459, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.017932, "energy": 26.416262, "activity_lines": [ 58.207169, 57.872324, 57.944335, 57.726896 ] }, { "date": "2025-02-14", "close": 58.807209, "volume": 137398, "typical_volume": 215316.8, "trend": 57.213681, "fair_value": 49.917388, "relative_strength": -2.046078, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.424751, "energy": 35.943342, "activity_lines": [ 58.44721, 58.067953, 58.01873, 57.841845 ] }, { "date": "2025-02-21", "close": 58.251977, "volume": 105897, "typical_volume": 216532.4, "trend": 57.382394, "fair_value": 49.985903, "relative_strength": -1.411249, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.433412, "energy": 22.778067, "activity_lines": [ 58.356055, 58.161285, 58.037384, 57.908831 ] }, { "date": "2025-02-28", "close": 57.985524, "volume": 143867, "typical_volume": 200680.3, "trend": 57.535024, "fair_value": 50.05408, "relative_strength": -0.965351, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.050119, "energy": 20.535859, "activity_lines": [ 58.217083, 58.190452, 58.031564, 57.947743 ] }, { "date": "2025-03-07", "close": 57.611856, "volume": 76374, "typical_volume": 197448.1, "trend": 57.67112, "fair_value": 50.123142, "relative_strength": 1.454687, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.810765, "energy": 10.949093, "activity_lines": [ 58.030843, 58.122761, 57.991297, 57.9527 ] }, { "date": "2025-03-14", "close": 58.637046, "volume": 110338, "typical_volume": 189955.75, "trend": 57.800608, "fair_value": 50.187131, "relative_strength": 5.51411, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.883067, "energy": 14.666401, "activity_lines": [ 58.193359, 58.226836, 58.056381, 58.015018 ] }, { "date": "2025-03-21", "close": 58.895739, "volume": 115335, "typical_volume": 173565.95, "trend": 57.902331, "fair_value": 50.244802, "relative_strength": 5.263248, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.221616, "energy": 22.608558, "activity_lines": [ 58.405698, 58.358261, 58.142707, 58.085671 ] }, { "date": "2025-03-28", "close": 59.173594, "volume": 38353, "typical_volume": 160508.0, "trend": 58.003905, "fair_value": 50.298919, "relative_strength": 7.149457, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.327568, "energy": 36.870215, "activity_lines": [ 58.704753, 58.498744, 58.245804, 58.167688 ] }, { "date": "2025-04-04", "close": 56.500435, "volume": 343751, "typical_volume": 164195.0, "trend": 58.029549, "fair_value": 50.333455, "relative_strength": 12.198596, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.93501, "energy": 5.183383, "activity_lines": [ 58.051314, 58.147624, 58.088721, 58.07069 ] }, { "date": "2025-04-11", "close": 58.536443, "volume": 341009, "typical_volume": 173236.1, "trend": 58.081652, "fair_value": 50.380708, "relative_strength": 9.722515, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.831353, "energy": 13.258111, "activity_lines": [ 58.175551, 58.214767, 58.131246, 58.103393 ] }, { "date": "2025-04-18", "close": 60.486221, "volume": 144981, "typical_volume": 173413.65, "trend": 58.18024, "fair_value": 50.447352, "relative_strength": 14.670862, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.295034, "energy": 36.367162, "activity_lines": [ 58.888074, 58.621521, 58.362009, 58.258526 ] }, { "date": "2025-04-25", "close": 61.271881, "volume": 154236, "typical_volume": 171026.15, "trend": 58.28243, "fair_value": 50.528148, "relative_strength": 10.803724, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.216126, "energy": 50.727914, "activity_lines": [ 59.739205, 59.127571, 58.663148, 58.457987 ] }, { "date": "2025-05-02", "close": 62.153353, "volume": 108355, "typical_volume": 164826.45, "trend": 58.40616, "fair_value": 50.612982, "relative_strength": 9.018282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.005866, "energy": 74.478782, "activity_lines": [ 60.725752, 59.749077, 59.036147, 58.707724 ] }, { "date": "2025-05-09", "close": 62.402464, "volume": 248217, "typical_volume": 152336.15, "trend": 58.545409, "fair_value": 50.703581, "relative_strength": 9.74812, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.774958, "energy": 79.79045, "activity_lines": [ 61.596684, 60.344942, 59.410176, 58.96555 ] }, { "date": "2025-05-16", "close": 63.580954, "volume": 399442, "typical_volume": 164744.15, "trend": 58.690375, "fair_value": 50.795455, "relative_strength": 6.099956, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.422243, "energy": 84.701079, "activity_lines": [ 62.466978, 61.074769, 59.867836, 59.290424 ] }, { "date": "2025-05-23", "close": 63.964203, "volume": 99767, "typical_volume": 162336.4, "trend": 58.89172, "fair_value": 50.879058, "relative_strength": 9.306483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.746398, "energy": 85.065091, "activity_lines": [ 63.128721, 61.765749, 60.329738, 59.630671 ] }, { "date": "2025-05-30", "close": 64.280383, "volume": 104775, "typical_volume": 164589.95, "trend": 59.139052, "fair_value": 50.964624, "relative_strength": 7.785335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.57124, "energy": 84.72561, "activity_lines": [ 63.663991, 62.417359, 60.79123, 59.978327 ] }, { "date": "2025-06-06", "close": 64.771871, "volume": 103096, "typical_volume": 156500.3, "trend": 59.36481, "fair_value": 51.066622, "relative_strength": 6.65442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.13205, "energy": 85.339336, "activity_lines": [ 64.162525, 63.060428, 61.263031, 60.341734 ] }, { "date": "2025-06-13", "close": 64.810756, "volume": 222849, "typical_volume": 163889.1, "trend": 59.601902, "fair_value": 51.18992, "relative_strength": 6.843712, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.335483, "energy": 82.026872, "activity_lines": [ 64.499452, 63.608779, 61.710416, 60.693086 ] }, { "date": "2025-06-20", "close": 63.965018, "volume": 83115, "typical_volume": 162730.95, "trend": 59.765045, "fair_value": 51.29744, "relative_strength": 5.386744, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.515235, "energy": 62.594127, "activity_lines": [ 64.393913, 63.852264, 62.050275, 60.974577 ] }, { "date": "2025-06-27", "close": 64.927409, "volume": 197406, "typical_volume": 163928.05, "trend": 59.944227, "fair_value": 51.407359, "relative_strength": 3.190886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.939502, "energy": 57.709421, "activity_lines": [ 64.583567, 64.172027, 62.452038, 61.307633 ] }, { "date": "2025-07-04", "close": 65.296812, "volume": 108279, "typical_volume": 162472.1, "trend": 60.163015, "fair_value": 51.526905, "relative_strength": 1.870639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.983812, "energy": 61.391226, "activity_lines": [ 64.832142, 64.478206, 62.856429, 61.652961 ] }, { "date": "2025-07-11", "close": 64.946852, "volume": 147918, "typical_volume": 164573.15, "trend": 60.414996, "fair_value": 51.646854, "relative_strength": 1.469684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.991302, "energy": 61.017569, "activity_lines": [ 64.896302, 64.647575, 63.196586, 61.961595 ] }, { "date": "2025-07-18", "close": 65.344737, "volume": 171069, "typical_volume": 165933.25, "trend": 60.713319, "fair_value": 51.765357, "relative_strength": 1.331639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.60739, "energy": 75.059788, "activity_lines": [ 65.081424, 64.838496, 63.542757, 62.279643 ] }, { "date": "2025-07-25", "close": 65.578725, "volume": 127198, "typical_volume": 168474.45, "trend": 61.005708, "fair_value": 51.873316, "relative_strength": 0.099557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.678157, "energy": 82.722246, "activity_lines": [ 65.308944, 65.018464, 63.876169, 62.59354 ] }, { "date": "2025-08-01", "close": 65.562199, "volume": 204860, "typical_volume": 173200.55, "trend": 61.272636, "fair_value": 51.983702, "relative_strength": 2.473509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.834753, "energy": 74.027177, "activity_lines": [ 65.423375, 65.159105, 64.170069, 62.887508 ] }, { "date": "2025-08-08", "close": 66.609164, "volume": 95604, "typical_volume": 172214.0, "trend": 61.605761, "fair_value": 52.090612, "relative_strength": 1.529647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.128139, "energy": 73.827988, "activity_lines": [ 65.844474, 65.461048, 64.530704, 63.2318 ] }, { "date": "2025-08-15", "close": 67.416018, "volume": 100529, "typical_volume": 175322.8, "trend": 61.890729, "fair_value": 52.205832, "relative_strength": 1.669154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.393197, "energy": 88.802186, "activity_lines": [ 66.447035, 65.86735, 64.931451, 63.606655 ] }, { "date": "2025-08-22", "close": 67.95068, "volume": 62992, "typical_volume": 161284.85, "trend": 62.184256, "fair_value": 52.328658, "relative_strength": 2.088568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.353811, "energy": 91.777985, "activity_lines": [ 67.063206, 66.322789, 65.343869, 63.99762 ] }, { "date": "2025-08-29", "close": 66.638328, "volume": 61962, "typical_volume": 147332.5, "trend": 62.481626, "fair_value": 52.451965, "relative_strength": 0.110614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.550375, "energy": 80.635685, "activity_lines": [ 67.068196, 66.482528, 65.576775, 64.284979 ] }, { "date": "2025-09-05", "close": 66.181435, "volume": 74924, "typical_volume": 143829.65, "trend": 62.75131, "fair_value": 52.564969, "relative_strength": -0.872162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.022461, "energy": 63.505189, "activity_lines": [ 66.850248, 66.51059, 65.727588, 64.523676 ] }, { "date": "2025-09-12", "close": 67.542393, "volume": 282444, "typical_volume": 150240.05, "trend": 63.042482, "fair_value": 52.697222, "relative_strength": -0.400691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.018564, "energy": 62.514318, "activity_lines": [ 67.044671, 66.763299, 65.980896, 64.832779 ] }, { "date": "2025-09-19", "close": 66.609164, "volume": 146846, "typical_volume": 152164.6, "trend": 63.321055, "fair_value": 52.840828, "relative_strength": -2.937451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.728548, "energy": 47.702673, "activity_lines": [ 66.865802, 66.805501, 66.115465, 65.062887 ] }, { "date": "2025-09-26", "close": 67.445181, "volume": 85474, "typical_volume": 144027.45, "trend": 63.636377, "fair_value": 53.004256, "relative_strength": -1.41843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.351833, "energy": 51.607303, "activity_lines": [ 67.019396, 66.969482, 66.308437, 65.32896 ] }, { "date": "2025-10-03", "close": 68.164545, "volume": 105105, "typical_volume": 129310.6, "trend": 63.988133, "fair_value": 53.172015, "relative_strength": -1.442041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.163124, "energy": 58.144187, "activity_lines": [ 67.446477, 67.226067, 66.545906, 65.6211 ] }, { "date": "2025-10-10", "close": 67.532672, "volume": 154155, "typical_volume": 132030.0, "trend": 64.284654, "fair_value": 53.341408, "relative_strength": 0.032826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.865805, "energy": 50.327649, "activity_lines": [ 67.561187, 67.320751, 66.701371, 65.84978 ] }, { "date": "2025-10-17", "close": 68.679765, "volume": 99065, "typical_volume": 131744.5, "trend": 64.610788, "fair_value": 53.508642, "relative_strength": -0.024343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.576041, "energy": 59.751975, "activity_lines": [ 67.968178, 67.58817, 66.94909, 66.133335 ] }, { "date": "2025-10-24", "close": 68.475621, "volume": 78463, "typical_volume": 130512.85, "trend": 64.920856, "fair_value": 53.662411, "relative_strength": -2.211766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.636279, "energy": 56.433932, "activity_lines": [ 68.231297, 67.780826, 67.156417, 66.382679 ] }, { "date": "2025-10-31", "close": 67.484066, "volume": 75738, "typical_volume": 123157.3, "trend": 65.286977, "fair_value": 53.806391, "relative_strength": -4.274696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.386124, "energy": 46.194151, "activity_lines": [ 68.039467, 67.773932, 67.251673, 66.548047 ] }, { "date": "2025-11-07", "close": 68.171738, "volume": 148247, "typical_volume": 126413.9, "trend": 65.608154, "fair_value": 53.943522, "relative_strength": -1.764366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.951314, "energy": 45.853357, "activity_lines": [ 68.074268, 67.900554, 67.399692, 66.734161 ] }, { "date": "2025-11-14", "close": 68.745965, "volume": 123274, "typical_volume": 122707.3, "trend": 65.883478, "fair_value": 54.084166, "relative_strength": -1.126525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.017065, "energy": 46.415481, "activity_lines": [ 68.299999, 68.103701, 67.582367, 66.936601 ] }, { "date": "2025-11-21", "close": 67.773853, "volume": 160186, "typical_volume": 125302.65, "trend": 66.100211, "fair_value": 54.211824, "relative_strength": -0.661779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.309386, "energy": 34.600184, "activity_lines": [ 68.120806, 68.083472, 67.654277, 67.05856 ] }, { "date": "2025-11-28", "close": 69.812276, "volume": 157236, "typical_volume": 125768.55, "trend": 66.355508, "fair_value": 54.351086, "relative_strength": -1.36045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.691002, "energy": 50.291307, "activity_lines": [ 68.681482, 68.429658, 67.908526, 67.298048 ] }, { "date": "2025-12-05", "close": 68.660322, "volume": 96086, "typical_volume": 122019.4, "trend": 66.564104, "fair_value": 54.487467, "relative_strength": -3.355336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.472702, "energy": 42.261467, "activity_lines": [ 68.769063, 68.508158, 68.029897, 67.446746 ] }, { "date": "2025-12-12", "close": 68.673251, "volume": 252975, "typical_volume": 128308.25, "trend": 66.733847, "fair_value": 54.628603, "relative_strength": -2.862861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.147469, "energy": 39.359587, "activity_lines": [ 68.782536, 68.566916, 68.136711, 67.58282 ] }, { "date": "2025-12-19", "close": 68.421674, "volume": 137241, "typical_volume": 124927.3, "trend": 66.882429, "fair_value": 54.764177, "relative_strength": -3.407202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.236064, "energy": 38.222379, "activity_lines": [ 68.678716, 68.570684, 68.20483, 67.691712 ] }, { "date": "2025-12-26", "close": 69.529877, "volume": 204033, "typical_volume": 130348.75, "trend": 67.057412, "fair_value": 54.909889, "relative_strength": -3.298674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.535355, "energy": 38.905883, "activity_lines": [ 68.965917, 68.759779, 68.364875, 67.862515 ] }, { "date": "2026-01-02", "close": 69.648613, "volume": 148116, "typical_volume": 132728.1, "trend": 67.21997, "fair_value": 55.04835, "relative_strength": -2.185853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.121366, "energy": 41.950269, "activity_lines": [ 69.175628, 68.955006, 68.522319, 68.029689 ] }, { "date": "2026-01-09", "close": 69.549667, "volume": 191266, "typical_volume": 139141.8, "trend": 67.377934, "fair_value": 55.178279, "relative_strength": -3.885939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.718598, "energy": 44.01216, "activity_lines": [ 69.363268, 69.110916, 68.65971, 68.179992 ] }, { "date": "2026-01-16", "close": 70.004822, "volume": 89490, "typical_volume": 140518.2, "trend": 67.579261, "fair_value": 55.311068, "relative_strength": -2.947605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.10968, "energy": 61.228206, "activity_lines": [ 69.643336, 69.312025, 68.832834, 68.349469 ] }, { "date": "2026-01-23", "close": 70.835974, "volume": 116820, "typical_volume": 142613.0, "trend": 67.776213, "fair_value": 55.448785, "relative_strength": -1.528146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.543391, "energy": 71.187923, "activity_lines": [ 70.111684, 69.630923, 69.069084, 68.55958 ] }, { "date": "2026-01-30", "close": 72.468596, "volume": 283542, "typical_volume": 142667.9, "trend": 68.015272, "fair_value": 55.600916, "relative_strength": 0.200348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.21404, "energy": 85.34244, "activity_lines": [ 70.963286, 70.208662, 69.438658, 68.862314 ] }, { "date": "2026-02-06", "close": 73.952797, "volume": 193584, "typical_volume": 145004.8, "trend": 68.315471, "fair_value": 55.764277, "relative_strength": 2.278217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.589191, "energy": 94.095743, "activity_lines": [ 72.113707, 70.970896, 69.926126, 69.24538 ] }, { "date": "2026-02-13", "close": 76.832147, "volume": 425394, "typical_volume": 162000.8, "trend": 68.698384, "fair_value": 55.945698, "relative_strength": 7.344879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.070443, "energy": 98.269492, "activity_lines": [ 73.936965, 72.181367, 70.652848, 69.794843 ] }, { "date": "2026-02-20", "close": 76.945936, "volume": 124970, "typical_volume": 162994.05, "trend": 69.077291, "fair_value": 56.13387, "relative_strength": 6.0465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.269251, "energy": 96.692261, "activity_lines": [ 75.312655, 73.263948, 71.345707, 70.326943 ] }, { "date": "2026-02-27", "close": 77.920561, "volume": 245328, "typical_volume": 167552.7, "trend": 69.489237, "fair_value": 56.323868, "relative_strength": 7.636047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.518902, "energy": 96.225008, "activity_lines": [ 76.550479, 74.37332, 72.089572, 70.897477 ] }, { "date": "2026-03-06", "close": 75.436998, "volume": 222356, "typical_volume": 173717.25, "trend": 69.783498, "fair_value": 56.506301, "relative_strength": 6.10218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.454576, "energy": 88.391889, "activity_lines": [ 76.488142, 74.858429, 72.547441, 71.281203 ] }, { "date": "2026-03-13", "close": 74.873002, "volume": 558726, "typical_volume": 197730.4, "trend": 70.032064, "fair_value": 56.685462, "relative_strength": 6.76485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.5057, "energy": 66.80817, "activity_lines": [ 76.039914, 75.133591, 72.919418, 71.609558 ] }, { "date": "2026-03-20", "close": 73.289854, "volume": 163826, "typical_volume": 202134.8, "trend": 70.210036, "fair_value": 56.853731, "relative_strength": 6.281301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.382669, "energy": 51.102985, "activity_lines": [ 75.002622, 75.025919, 73.110156, 71.819738 ] }, { "date": "2026-03-27", "close": 74.635529, "volume": 403601, "typical_volume": 214902.5, "trend": 70.47661, "fair_value": 57.02044, "relative_strength": 10.504633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.940844, "energy": 35.554438, "activity_lines": [ 74.650042, 75.094912, 73.401407, 72.105254 ] }, { "date": "2026-04-03", "close": 76.169204, "volume": 135659, "typical_volume": 215521.75, "trend": 70.809535, "fair_value": 57.191256, "relative_strength": 8.977213, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.570298, "energy": 38.024202, "activity_lines": [ 74.962713, 75.35856, 73.807942, 72.472518 ] }, { "date": "2026-04-10", "close": 77.208145, "volume": 300955, "typical_volume": 222560.2, "trend": 71.131727, "fair_value": 57.368779, "relative_strength": 6.569243, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.894728, "energy": 48.026704, "activity_lines": [ 75.738456, 75.714139, 74.278075, 72.885332 ] }, { "date": "2026-04-17", "close": 75.961416, "volume": 1364029, "typical_volume": 282899.85, "trend": 71.443469, "fair_value": 57.537692, "relative_strength": 0.486384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.485168, "energy": 46.558341, "activity_lines": [ 75.980546, 75.756866, 74.584547, 73.196924 ] }, { "date": "2026-04-24", "close": 75.97131, "volume": 730457, "typical_volume": 314618.4, "trend": 71.727673, "fair_value": 57.704893, "relative_strength": 0.075546, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.421838, "energy": 47.026472, "activity_lines": [ 76.153372, 75.764872, 74.862679, 73.489043 ] }, { "date": "2026-05-01", "close": 76.485833, "volume": 233885, "typical_volume": 313663.9, "trend": 72.005049, "fair_value": 57.875222, "relative_strength": -0.098295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.587614, "energy": 45.990086, "activity_lines": [ 76.318943, 75.882078, 75.155, 73.796021 ] }, { "date": "2026-05-08", "close": 75.219315, "volume": 338558, "typical_volume": 323729.75, "trend": 72.261271, "fair_value": 58.039245, "relative_strength": -3.8411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.129118, "energy": 35.480239, "activity_lines": [ 75.938988, 75.777375, 75.289497, 74.003393 ] }, { "date": "2026-05-15", "close": 74.081428, "volume": 605725, "typical_volume": 343814.35, "trend": 72.441326, "fair_value": 58.202956, "relative_strength": -5.356912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.910642, "energy": 20.979069, "activity_lines": [ 75.243062, 75.514896, 75.283254, 74.120823 ] }, { "date": "2026-05-22", "close": 75.743733, "volume": 172400, "typical_volume": 345028.55, "trend": 72.683597, "fair_value": 58.38541, "relative_strength": -3.895957, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.991031, "energy": 19.529616, "activity_lines": [ 75.309687, 75.579301, 75.413651, 74.333881 ] }, { "date": "2026-05-29", "close": 74.892791, "volume": 162320, "typical_volume": 343581.25, "trend": 72.930554, "fair_value": 58.558399, "relative_strength": -6.14413, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.121228, "energy": 17.437044, "activity_lines": [ 75.107176, 75.473159, 75.433983, 74.47641 ] }, { "date": "2026-06-05", "close": 74.36, "volume": 352363, "typical_volume": 356724.9, "trend": 73.13683, "fair_value": 58.727122, "relative_strength": -4.271219, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.796936, "energy": 12.724099, "activity_lines": [ 74.798969, 75.241, 75.378128, 74.568632 ] }, { "date": "2026-06-12", "close": 75.5017, "volume": 124773, "typical_volume": 357122.55, "trend": 73.362021, "fair_value": 58.896696, "relative_strength": -3.2101, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.038137, "energy": 11.006535, "activity_lines": [ 75.013051, 75.221433, 75.410268, 74.721204 ] }, { "date": "2026-06-19", "close": 75.52, "volume": 142118, "typical_volume": 350051.35, "trend": 73.620226, "fair_value": 59.076782, "relative_strength": -3.943343, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.592913, "energy": 10.679073, "activity_lines": [ 75.214408, 75.21733, 75.421934, 74.860429 ] }, { "date": "2026-06-26", "close": 76.89, "volume": 237227, "typical_volume": 352233.5, "trend": 73.85615, "fair_value": 59.25967, "relative_strength": 0.203943, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.443563, "energy": 27.554616, "activity_lines": [ 75.776526, 75.493012, 75.549545, 75.071382 ] }, { "date": "2026-07-03", "close": 76.0, "volume": 128632, "typical_volume": 337395.4, "trend": 74.100806, "fair_value": 59.439002, "relative_strength": -2.9932, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 48.890174, "energy": 30.447732, "activity_lines": [ 75.96556, 75.589992, 75.578407, 75.209695 ] }, { "date": "2026-07-10", "close": 76.03, "volume": 545965, "typical_volume": 358445.15, "trend": 74.346031, "fair_value": 59.612485, "relative_strength": -4.181854, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.269424, "energy": 35.426081, "activity_lines": [ 76.09078, 75.691904, 75.614089, 75.334159 ] }, { "date": "2026-07-17", "close": 76.24, "volume": 119061, "typical_volume": 352131.8, "trend": 74.606642, "fair_value": 59.784062, "relative_strength": -2.361681, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.651814, "energy": 39.147695, "activity_lines": [ 76.174667, 75.840287, 75.674133, 75.456351 ] }, { "date": "2026-07-24", "close": 76.82, "volume": 285705, "typical_volume": 355299.25, "trend": 74.849646, "fair_value": 59.962319, "relative_strength": -1.036413, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 58.893553, "energy": 37.979552, "activity_lines": [ 76.402667, 76.075566, 75.797417, 75.599148 ] }, { "date": "2026-07-31", "close": 76.07, "volume": 142545, "typical_volume": 334490.2, "trend": 75.063692, "fair_value": 60.145802, "relative_strength": -2.980133, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.15965, "energy": 28.865065, "activity_lines": [ 76.294, 76.124689, 75.842688, 75.677881 ] }, { "date": "2026-08-07", "close": 75.17, "volume": 226789, "typical_volume": 337638.35, "trend": 75.251036, "fair_value": 60.320801, "relative_strength": -7.235951, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.936563, "energy": 14.51604, "activity_lines": [ 75.94, 76.004244, 75.796543, 75.684739 ] } ], "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." } } }