{ "ticker": { "uuid": "068a8e9d-079f-475f-82ae-b96b14473236", "symbol": "JPEF", "name": "JPMORGAN EQUITY FOCUS ETF", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 71.129, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.389, "architecture_energy": 50.197, "architecture_maturity": 43.344, "architecture_confidence": 75.281, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 23.9, "rotation_up": 56.14, "upward_expansion": 79.59, "deceleration": 58.68, "rotation_down": 23.21, "downward_expansion": 6.25 }, "activity_lines": [ 80.87434, 80.364413, 79.783558, 78.595817 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 82.8994, "trend_reference": 77.264007, "distance_from_trend": 0.072937, "trend_direction": "Improving", "fair_value": 65.413187, "distance_from_fair_value": 0.267319, "fair_value_direction": "Improving", "relative_strength": -4.268425, "relative_strength_direction": "Improving", "price_momentum": 0.096292, "excess_performance": -0.091162, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.072937, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024026, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.267319, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.018236, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.042684, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.047785, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.096292, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.272838, "read": "Demand-led" } ], "volume": { "latest": 361236, "relative_activity": 0.735978, "balance": 1.272838, "dry_up": 1.102869, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.023973, "annualized_volatility": 0.133189, "from_high_reference": -0.003613, "from_low_reference": 0.189677 }, "levels": { "trend_reference": 77.264007, "fair_value_reference": 65.413187, "structural_low": 69.6823, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.002028, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.001455, "regime_survival": 0.846154, "best_return": 0.029685, "worst_return": -0.04693, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.020775, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.00401, "regime_survival": 0.6, "best_return": 0.054974, "worst_return": -0.056725, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.067133, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.058285, "regime_survival": 1.0, "best_return": 0.096292, "worst_return": 0.043275, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.113313, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.058391, "regime_survival": 1.0, "best_return": 0.113313, "worst_return": 0.113313, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.015789, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.020402, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.096759, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.101076, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.039654, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.045549, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-11-21", "tenure": "Established", "return": 0.026689, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.001977, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-06", "tenure": "Established", "return": -0.004104, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.023399, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-03", "tenure": "New", "return": 0.030044, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-10", "end": "2026-04-24", "tenure": "New", "return": 0.045736, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.056178, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 46.76945, "volume": 40078, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 47.348735, "volume": 20919, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 48.545421, "volume": 236815, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 48.089321, "volume": 96074, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 48.148065, "volume": 38424, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 46.670627, "volume": 41560, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 46.621805, "volume": 28833, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 46.92633, "volume": 30663, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 47.22221, "volume": 38305, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 45.703318, "volume": 29162, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 44.562135, "volume": 449511, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 47.472903, "volume": 62248, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 48.065843, "volume": 94148, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 49.126769, "volume": 372459, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 49.470587, "volume": 92003, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 49.961757, "volume": 299222, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 50.281999, "volume": 471819, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 51.464735, "volume": 516594, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 51.949382, "volume": 417338, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 51.988827, "volume": 149071, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 51.535207, "volume": 364901, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 52.580506, "volume": 232986, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 53.389133, "volume": 152807, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 54.178038, "volume": 490991, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 55.09514, "volume": 328910, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 55.972796, "volume": 208672, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 55.92349, "volume": 389362, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 56.574336, "volume": 155903, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 57.501299, "volume": 309865, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 57.550606, "volume": 185858, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 57.382964, "volume": 217088, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 58.822715, "volume": 229930, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 58.941051, "volume": 495609, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 58.418401, "volume": 378184, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 57.343518, "volume": 234293, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 55.844599, "volume": 228561, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 56.958927, "volume": 295213, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 57.343518, "volume": 229133, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 58.625489, "volume": 316709, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 59.365087, "volume": 251680, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 59.227029, "volume": 308288, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 59.019941, "volume": 973286, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 59.868014, "volume": 495601, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 61.1204, "volume": 410309, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 61.416239, "volume": 288747, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 61.49513, "volume": 264703, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 62.382648, "volume": 342570, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 63.112385, "volume": 617833, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 61.790969, "volume": 477753, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 61.26832, "volume": 273021, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 59.91732, "volume": 289801, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 60.262466, "volume": 398084, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 62.510845, "volume": 269394, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 63.477253, "volume": 270637, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 63.674479, "volume": 270538, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 60.844283, "volume": 223550, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 63.339195, "volume": 256244, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 64.384494, "volume": 316477, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 64.315465, "volume": 608469, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 64.72964, "volume": 520397, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 65.794661, "volume": 518457, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 66.406062, "volume": 346500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 65.459377, "volume": 332164, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 64.542275, "volume": 350858, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 68.023317, "volume": 424269, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 66.830099, "volume": 901314, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 67.480945, "volume": 473107, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 68.378324, "volume": 326764, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 69.01931, "volume": 484105, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 68.565689, "volume": 542131, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 66.967066, "volume": 1009966, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 67.534339, "volume": 378024, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 67.395318, "volume": 423459, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-10", "close": 66.154061, "volume": 735342, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-17", "close": 68.150003, "volume": 813135, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-24", "close": 69.411121, "volume": 610185, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-31", "close": 68.239373, "volume": 639963, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-02-07", "close": 67.921612, "volume": 696173, "typical_volume": 556739.1, "trend": 65.426256, "fair_value": 58.030045, "relative_strength": -1.421833, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.863868, "energy": 40.5321, "activity_lines": [ 68.216865, 67.941812, 67.636323, 66.799417 ] }, { "date": "2025-02-14", "close": 68.408184, "volume": 1583562, "typical_volume": 605493.75, "trend": 65.64683, "fair_value": 58.15817, "relative_strength": -3.475657, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.56264, "energy": 43.723653, "activity_lines": [ 68.361182, 68.027702, 67.764159, 66.991799 ] }, { "date": "2025-02-21", "close": 67.246367, "volume": 701452, "typical_volume": 614546.5, "trend": 65.846098, "fair_value": 58.269002, "relative_strength": -2.903015, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.005287, "energy": 26.573499, "activity_lines": [ 67.967952, 67.913464, 67.761857, 67.094995 ] }, { "date": "2025-02-28", "close": 66.849165, "volume": 741878, "typical_volume": 625717.55, "trend": 66.07716, "fair_value": 58.372377, "relative_strength": -0.100107, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.859132, "energy": 13.371163, "activity_lines": [ 67.502563, 67.750995, 67.709742, 67.159709 ] }, { "date": "2025-03-07", "close": 64.734062, "volume": 649586, "typical_volume": 640871.85, "trend": 66.226213, "fair_value": 58.448112, "relative_strength": -0.035402, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -9.291051, "energy": 16.700047, "activity_lines": [ 66.502937, 67.206105, 67.451167, 67.073058 ] }, { "date": "2025-03-14", "close": 63.413364, "volume": 809873, "typical_volume": 664757.3, "trend": 66.256297, "fair_value": 58.506526, "relative_strength": 0.413593, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.161415, "energy": 38.086764, "activity_lines": [ 65.296765, 66.472003, 67.074773, 66.891584 ] }, { "date": "2025-03-21", "close": 63.731126, "volume": 655534, "typical_volume": 679991.1, "trend": 66.264759, "fair_value": 58.567277, "relative_strength": 0.666809, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.975774, "energy": 59.843115, "activity_lines": [ 64.497065, 65.868075, 66.738385, 66.72867 ] }, { "date": "2025-03-28", "close": 62.807631, "volume": 633931, "typical_volume": 690474.2, "trend": 66.235864, "fair_value": 58.616017, "relative_strength": 1.57182, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.524275, "energy": 70.559866, "activity_lines": [ 63.701336, 65.140292, 66.317908, 66.505629 ] }, { "date": "2025-04-04", "close": 57.564559, "volume": 1182620, "typical_volume": 704539.5, "trend": 66.12654, "fair_value": 58.604069, "relative_strength": 3.242171, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.977578, "energy": 92.019148, "activity_lines": [ 61.453832, 63.556357, 65.422927, 65.94619 ] }, { "date": "2025-04-11", "close": 60.910989, "volume": 1517401, "typical_volume": 756754.2, "trend": 66.0456, "fair_value": 58.629989, "relative_strength": 1.579965, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.381437, "energy": 78.759657, "activity_lines": [ 60.940779, 62.796256, 64.890775, 65.609703 ] }, { "date": "2025-04-18", "close": 59.818682, "volume": 563476, "typical_volume": 768589.8, "trend": 65.893406, "fair_value": 58.643197, "relative_strength": 2.083954, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.950981, "energy": 80.050331, "activity_lines": [ 60.318495, 61.970797, 64.28588, 65.207966 ] }, { "date": "2025-04-25", "close": 62.152247, "volume": 810462, "typical_volume": 784907.65, "trend": 65.821299, "fair_value": 58.681758, "relative_strength": -0.300681, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.511333, "energy": 55.689409, "activity_lines": [ 60.713712, 61.716949, 63.943989, 64.966601 ] }, { "date": "2025-05-02", "close": 64.177979, "volume": 817373, "typical_volume": 798669.75, "trend": 65.80291, "fair_value": 58.741499, "relative_strength": -0.460409, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.488095, "energy": 37.393818, "activity_lines": [ 61.889431, 61.94516, 63.827725, 64.86058 ] }, { "date": "2025-05-09", "close": 64.068748, "volume": 474889, "typical_volume": 771915.9, "trend": 65.74538, "fair_value": 58.798782, "relative_strength": -0.423796, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.223467, "energy": 22.935538, "activity_lines": [ 62.937383, 62.209299, 63.721953, 64.748699 ] }, { "date": "2025-05-16", "close": 67.067626, "volume": 695966, "typical_volume": 787813.0, "trend": 65.767432, "fair_value": 58.886748, "relative_strength": -2.415442, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.268104, "energy": 18.996844, "activity_lines": [ 64.551349, 63.069242, 63.915589, 64.834005 ] }, { "date": "2025-05-23", "close": 65.359656, "volume": 444809, "typical_volume": 788880.5, "trend": 65.764108, "fair_value": 58.954884, "relative_strength": -2.584023, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.146037, "energy": 23.64238, "activity_lines": [ 65.185549, 63.576217, 63.948784, 64.807697 ] }, { "date": "2025-05-30", "close": 66.571123, "volume": 344898, "typical_volume": 769358.3, "trend": 65.831736, "fair_value": 59.03422, "relative_strength": -2.615108, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.006223, "energy": 25.037915, "activity_lines": [ 65.854173, 64.268071, 64.10705, 64.859763 ] }, { "date": "2025-06-06", "close": 67.951402, "volume": 456116, "typical_volume": 751507.35, "trend": 65.829339, "fair_value": 59.12615, "relative_strength": -2.597085, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.88591, "energy": 32.282245, "activity_lines": [ 66.688298, 65.159249, 64.394785, 64.996515 ] }, { "date": "2025-06-13", "close": 67.147067, "volume": 418891, "typical_volume": 741942.65, "trend": 65.839905, "fair_value": 59.207996, "relative_strength": -3.196646, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.662061, "energy": 38.530744, "activity_lines": [ 67.00275, 65.810661, 64.606863, 65.08153 ] }, { "date": "2025-06-20", "close": 67.037836, "volume": 252679, "typical_volume": 722578.45, "trend": 65.825134, "fair_value": 59.287085, "relative_strength": -3.310041, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.806991, "energy": 38.059502, "activity_lines": [ 67.07557, 66.267986, 64.819319, 65.158816 ] }, { "date": "2025-06-27", "close": 69.34161, "volume": 381377, "typical_volume": 706838.65, "trend": 65.857244, "fair_value": 59.38763, "relative_strength": -3.937637, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.944287, "energy": 47.535718, "activity_lines": [ 67.918301, 67.032781, 65.256903, 65.385685 ] }, { "date": "2025-07-04", "close": 70.334616, "volume": 370101, "typical_volume": 646165.6, "trend": 65.901087, "fair_value": 59.496016, "relative_strength": -3.986443, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.112468, "energy": 60.654055, "activity_lines": [ 68.826571, 67.804978, 65.782298, 65.674548 ] }, { "date": "2025-07-11", "close": 69.887763, "volume": 384282, "typical_volume": 630307.1, "trend": 65.945156, "fair_value": 59.597896, "relative_strength": -4.218605, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.612162, "energy": 68.757204, "activity_lines": [ 69.33499, 68.34716, 66.255962, 65.931753 ] }, { "date": "2025-07-18", "close": 70.205525, "volume": 401082, "typical_volume": 613267.3, "trend": 66.053105, "fair_value": 59.700883, "relative_strength": -4.914793, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.968902, "energy": 81.957204, "activity_lines": [ 69.820239, 68.843301, 66.747311, 66.206615 ] }, { "date": "2025-07-25", "close": 70.692098, "volume": 307186, "typical_volume": 596147.3, "trend": 66.158364, "fair_value": 59.806568, "relative_strength": -5.004923, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.013078, "energy": 87.142354, "activity_lines": [ 70.263781, 69.316333, 67.269017, 66.505905 ] }, { "date": "2025-08-01", "close": 69.3714, "volume": 323086, "typical_volume": 571807.95, "trend": 66.224233, "fair_value": 59.897661, "relative_strength": -4.551541, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.687531, "energy": 79.39407, "activity_lines": [ 70.023474, 69.483339, 67.636571, 66.713198 ] }, { "date": "2025-08-08", "close": 70.860909, "volume": 771337, "typical_volume": 577598.1, "trend": 66.381128, "fair_value": 60.001088, "relative_strength": -5.855054, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.554291, "energy": 74.717364, "activity_lines": [ 70.277683, 69.848223, 68.117612, 67.012338 ] }, { "date": "2025-08-15", "close": 71.665244, "volume": 951567, "typical_volume": 593479.9, "trend": 66.498303, "fair_value": 60.110099, "relative_strength": -5.132382, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.000945, "energy": 80.776854, "activity_lines": [ 70.764918, 70.281355, 68.641304, 67.353249 ] }, { "date": "2025-08-22", "close": 72.002866, "volume": 495455, "typical_volume": 559121.65, "trend": 66.584694, "fair_value": 60.220217, "relative_strength": -3.690131, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.905205, "energy": 75.121691, "activity_lines": [ 71.246195, 70.708347, 69.154972, 67.708382 ] }, { "date": "2025-08-29", "close": 72.062447, "volume": 494871, "typical_volume": 507995.15, "trend": 66.71213, "fair_value": 60.328861, "relative_strength": -3.229758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.403111, "energy": 84.272463, "activity_lines": [ 71.62751, 71.057885, 69.60556, 68.061785 ] }, { "date": "2025-09-05", "close": 72.499369, "volume": 265656, "typical_volume": 493104.15, "trend": 66.864722, "fair_value": 60.439502, "relative_strength": -3.450166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.487506, "energy": 85.652967, "activity_lines": [ 72.063109, 71.395507, 70.044658, 68.435156 ] }, { "date": "2025-09-12", "close": 73.075313, "volume": 321062, "typical_volume": 468634.15, "trend": 67.020293, "fair_value": 60.553338, "relative_strength": -4.308363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.462984, "energy": 84.123341, "activity_lines": [ 72.482157, 71.780433, 70.478224, 68.835839 ] }, { "date": "2025-09-19", "close": 73.611536, "volume": 463127, "typical_volume": 450921.85, "trend": 67.232465, "fair_value": 60.66993, "relative_strength": -5.488203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.753167, "energy": 79.893107, "activity_lines": [ 72.93232, 72.213022, 70.910843, 69.26108 ] }, { "date": "2025-09-26", "close": 73.502305, "volume": 332808, "typical_volume": 443817.8, "trend": 67.454237, "fair_value": 60.78349, "relative_strength": -5.069099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.09745, "energy": 78.502143, "activity_lines": [ 73.21632, 72.558047, 71.288138, 69.665586 ] }, { "date": "2025-10-03", "close": 73.839927, "volume": 593285, "typical_volume": 438683.75, "trend": 67.757765, "fair_value": 60.898021, "relative_strength": -5.617673, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.749362, "energy": 73.949505, "activity_lines": [ 73.512897, 72.904516, 71.652666, 70.077566 ] }, { "date": "2025-10-10", "close": 72.032656, "volume": 546056, "typical_volume": 443746.1, "trend": 68.045075, "fair_value": 60.994843, "relative_strength": -5.624881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.030902, "energy": 59.320451, "activity_lines": [ 73.088553, 72.865156, 71.812824, 70.353366 ] }, { "date": "2025-10-17", "close": 73.482445, "volume": 304052, "typical_volume": 441703.8, "trend": 68.370119, "fair_value": 61.102495, "relative_strength": -5.839187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.376702, "energy": 55.458379, "activity_lines": [ 73.178585, 73.041009, 72.07928, 70.704164 ] }, { "date": "2025-10-24", "close": 74.578327, "volume": 391864, "typical_volume": 438491.2, "trend": 68.762476, "fair_value": 61.217673, "relative_strength": -6.307021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.82049, "energy": 58.477629, "activity_lines": [ 73.606769, 73.368448, 72.417196, 71.104693 ] }, { "date": "2025-10-31", "close": 74.991814, "volume": 285194, "typical_volume": 431806.35, "trend": 69.343384, "fair_value": 61.334403, "relative_strength": -7.388197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.27, "energy": 61.376782, "activity_lines": [ 74.10833, 73.718102, 72.762934, 71.506586 ] }, { "date": "2025-11-07", "close": 73.498035, "volume": 836047, "typical_volume": 460974.75, "trend": 69.762952, "fair_value": 61.436619, "relative_strength": -6.180663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.165855, "energy": 53.171073, "activity_lines": [ 74.012664, 73.741815, 72.929051, 71.774628 ] }, { "date": "2025-11-14", "close": 73.631495, "volume": 345755, "typical_volume": 459193.65, "trend": 70.223379, "fair_value": 61.538243, "relative_strength": -5.671606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.195375, "energy": 48.467321, "activity_lines": [ 73.984277, 73.763691, 73.077117, 72.024211 ] }, { "date": "2025-11-21", "close": 72.57881, "volume": 446424, "typical_volume": 463009.8, "trend": 70.570932, "fair_value": 61.629487, "relative_strength": -3.898961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.871933, "energy": 31.730486, "activity_lines": [ 73.498406, 73.573587, 73.104498, 72.176175 ] }, { "date": "2025-11-28", "close": 75.329436, "volume": 200775, "typical_volume": 453834.45, "trend": 70.942647, "fair_value": 61.741782, "relative_strength": -4.767875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.126677, "energy": 39.022497, "activity_lines": [ 73.989653, 73.892623, 73.383157, 72.483175 ] }, { "date": "2025-12-05", "close": 75.478387, "volume": 259030, "typical_volume": 446731.85, "trend": 71.322968, "fair_value": 61.853461, "relative_strength": -5.371547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.332934, "energy": 44.998803, "activity_lines": [ 74.480476, 74.207507, 73.650089, 72.775803 ] }, { "date": "2025-12-12", "close": 74.586072, "volume": 358948, "typical_volume": 449319.95, "trend": 71.573583, "fair_value": 61.956144, "relative_strength": -4.562331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.13294, "energy": 39.867583, "activity_lines": [ 74.641422, 74.324223, 73.806931, 72.986326 ] }, { "date": "2025-12-19", "close": 74.56, "volume": 379749, "typical_volume": 452153.1, "trend": 71.880261, "fair_value": 62.056975, "relative_strength": -4.997334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.075502, "energy": 43.865862, "activity_lines": [ 74.721142, 74.422633, 73.942746, 73.178998 ] }, { "date": "2025-12-26", "close": 75.58, "volume": 202180, "typical_volume": 423695.25, "trend": 72.180557, "fair_value": 62.1643, "relative_strength": -4.749725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.47774, "energy": 49.874183, "activity_lines": [ 75.078962, 74.660545, 74.150996, 73.417691 ] }, { "date": "2026-01-02", "close": 74.5423, "volume": 422229, "typical_volume": 397228.35, "trend": 72.400254, "fair_value": 62.261765, "relative_strength": -4.276549, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.760988, "energy": 34.884286, "activity_lines": [ 74.890802, 74.671648, 74.237946, 73.570062 ] }, { "date": "2026-01-09", "close": 75.53, "volume": 768326, "typical_volume": 410871.9, "trend": 72.679685, "fair_value": 62.365423, "relative_strength": -4.950416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.118147, "energy": 38.624727, "activity_lines": [ 75.084351, 74.862987, 74.405263, 73.771981 ] }, { "date": "2026-01-16", "close": 75.22, "volume": 667970, "typical_volume": 419526.85, "trend": 72.952423, "fair_value": 62.465071, "relative_strength": -4.371361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.516452, "energy": 36.948651, "activity_lines": [ 75.171127, 74.988177, 74.52626, 73.935872 ] }, { "date": "2026-01-23", "close": 75.055, "volume": 605217, "typical_volume": 436504.9, "trend": 73.14287, "fair_value": 62.561916, "relative_strength": -4.642839, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.333716, "energy": 31.485578, "activity_lines": [ 75.16064, 75.052059, 74.616506, 74.071522 ] }, { "date": "2026-01-30", "close": 75.5985, "volume": 420768, "typical_volume": 441490.2, "trend": 73.318333, "fair_value": 62.661432, "relative_strength": -3.678257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.053616, "energy": 35.688079, "activity_lines": [ 75.29832, 75.188877, 74.746345, 74.22995 ] }, { "date": "2026-02-06", "close": 75.618, "volume": 655564, "typical_volume": 451112.05, "trend": 73.509341, "fair_value": 62.759588, "relative_strength": -1.6247, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.209544, "energy": 34.698039, "activity_lines": [ 75.441267, 75.274337, 74.866026, 74.378316 ] }, { "date": "2026-02-13", "close": 74.9632, "volume": 312027, "typical_volume": 450073.0, "trend": 73.66793, "fair_value": 62.851344, "relative_strength": -1.175689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.795234, "energy": 29.004057, "activity_lines": [ 75.294233, 75.235496, 74.91379, 74.472113 ] }, { "date": "2026-02-20", "close": 75.8777, "volume": 2467449, "typical_volume": 543781.2, "trend": 73.840783, "fair_value": 62.948556, "relative_strength": -1.044265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.737381, "energy": 34.216306, "activity_lines": [ 75.48982, 75.372295, 75.041693, 74.614679 ] }, { "date": "2026-02-27", "close": 75.47, "volume": 610440, "typical_volume": 547000.4, "trend": 74.04407, "fair_value": 63.041308, "relative_strength": -1.209925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.122048, "energy": 29.864879, "activity_lines": [ 75.50566, 75.411482, 75.121063, 74.71979 ] }, { "date": "2026-03-06", "close": 74.28, "volume": 690333, "typical_volume": 566314.45, "trend": 74.158039, "fair_value": 63.123945, "relative_strength": -1.418072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.666481, "energy": 12.838461, "activity_lines": [ 75.097167, 75.21776, 75.070732, 74.735011 ] }, { "date": "2026-03-13", "close": 73.08, "volume": 670103, "typical_volume": 580226.4, "trend": 74.205198, "fair_value": 63.196617, "relative_strength": -1.878737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.040991, "energy": 10.546118, "activity_lines": [ 74.376573, 74.829493, 74.902318, 74.66546 ] }, { "date": "2026-03-20", "close": 71.37, "volume": 606402, "typical_volume": 596286.8, "trend": 74.184102, "fair_value": 63.255844, "relative_strength": -2.096139, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.140644, "energy": 44.844248, "activity_lines": [ 73.25518, 74.156904, 74.578181, 74.482544 ] }, { "date": "2026-03-27", "close": 69.95, "volume": 1159283, "typical_volume": 612448.6, "trend": 74.113688, "fair_value": 63.304004, "relative_strength": -0.689088, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.755764, "energy": 70.164142, "activity_lines": [ 71.9, 73.301769, 74.136053, 74.209376 ] }, { "date": "2026-04-03", "close": 72.0516, "volume": 428660, "typical_volume": 616593.85, "trend": 74.098762, "fair_value": 63.366487, "relative_strength": -1.415307, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.938668, "energy": 73.699508, "activity_lines": [ 71.640533, 72.924562, 73.910972, 74.076338 ] }, { "date": "2026-04-10", "close": 74.68, "volume": 483154, "typical_volume": 618430.35, "trend": 74.152251, "fair_value": 63.446724, "relative_strength": -1.993426, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.314497, "energy": 55.570245, "activity_lines": [ 72.485093, 73.079853, 73.943739, 74.113837 ] }, { "date": "2026-04-17", "close": 77.77, "volume": 700916, "typical_volume": 643437.4, "trend": 74.290867, "fair_value": 63.547592, "relative_strength": -3.65082, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.621992, "energy": 10.981131, "activity_lines": [ 74.332987, 73.813662, 74.260785, 74.34724 ] }, { "date": "2026-04-24", "close": 78.0956, "volume": 433692, "typical_volume": 652170.5, "trend": 74.443977, "fair_value": 63.649327, "relative_strength": -5.12259, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "up", "direction": 61.525143, "energy": 44.513526, "activity_lines": [ 75.976747, 74.567544, 74.59722, 74.592707 ] }, { "date": "2026-05-01", "close": 78.49, "volume": 475483, "typical_volume": 657997.25, "trend": 74.598979, "fair_value": 63.752387, "relative_strength": -5.872055, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.328763, "energy": 57.033044, "activity_lines": [ 77.3036, 75.336182, 74.958753, 74.853741 ] }, { "date": "2026-05-08", "close": 79.77, "volume": 313860, "typical_volume": 654702.8, "trend": 74.856891, "fair_value": 63.862853, "relative_strength": -9.046929, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.27748, "energy": 81.213979, "activity_lines": [ 78.487787, 76.290051, 75.423601, 75.187355 ] }, { "date": "2026-05-15", "close": 80.2214, "volume": 477794, "typical_volume": 668483.5, "trend": 75.081523, "fair_value": 63.974898, "relative_strength": -8.00711, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.89543, "energy": 84.182078, "activity_lines": [ 79.30788, 77.247811, 75.90663, 75.533452 ] }, { "date": "2026-05-22", "close": 79.84, "volume": 340740, "typical_volume": 664409.05, "trend": 75.256912, "fair_value": 64.082824, "relative_strength": -9.294171, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.620028, "energy": 80.707239, "activity_lines": [ 79.631413, 78.0282, 76.331234, 75.840451 ] }, { "date": "2026-05-29", "close": 80.82, "volume": 342780, "typical_volume": 643131.75, "trend": 75.451184, "fair_value": 64.195913, "relative_strength": -10.493748, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.730003, "energy": 81.134483, "activity_lines": [ 80.143613, 78.863862, 76.823943, 76.19936 ] }, { "date": "2026-06-05", "close": 78.8719, "volume": 404215, "typical_volume": 629944.0, "trend": 75.630313, "fair_value": 64.294409, "relative_strength": -8.289117, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.369069, "energy": 55.669044, "activity_lines": [ 79.82482, 79.173505, 77.105929, 76.420051 ] }, { "date": "2026-06-12", "close": 79.0128, "volume": 633181, "typical_volume": 631342.2, "trend": 75.80969, "fair_value": 64.392532, "relative_strength": -9.938141, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.542653, "energy": 46.718516, "activity_lines": [ 79.527533, 79.346551, 77.383944, 76.638276 ] }, { "date": "2026-06-19", "close": 80.16, "volume": 420471, "typical_volume": 631327.35, "trend": 76.062397, "fair_value": 64.496952, "relative_strength": -10.734062, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.380319, "energy": 47.046297, "activity_lines": [ 79.663127, 79.601611, 77.752369, 76.918941 ] }, { "date": "2026-06-26", "close": 78.7224, "volume": 380848, "typical_volume": 617591.55, "trend": 76.175495, "fair_value": 64.590541, "relative_strength": -7.978201, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.57779, "energy": 32.480074, "activity_lines": [ 79.323613, 79.495653, 77.962159, 77.090554 ] }, { "date": "2026-07-03", "close": 79.9302, "volume": 315060, "typical_volume": 617743.2, "trend": 76.323889, "fair_value": 64.6908, "relative_strength": -7.146018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.852396, "energy": 34.887514, "activity_lines": [ 79.461207, 79.591978, 78.272194, 77.332793 ] }, { "date": "2026-07-10", "close": 81.03, "volume": 341088, "typical_volume": 511425.15, "trend": 76.538687, "fair_value": 64.796899, "relative_strength": -7.32382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.385917, "energy": 47.147991, "activity_lines": [ 80.02472, 79.854911, 78.66332, 77.636414 ] }, { "date": "2026-07-17", "close": 79.75, "volume": 710396, "typical_volume": 516422.95, "trend": 76.711687, "fair_value": 64.89337, "relative_strength": -4.663723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.456984, "energy": 41.180744, "activity_lines": [ 80.017693, 79.838935, 78.908006, 77.843595 ] }, { "date": "2026-07-24", "close": 79.2019, "volume": 725108, "typical_volume": 518161.7, "trend": 76.832417, "fair_value": 64.985092, "relative_strength": -3.636281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.960298, "energy": 38.652513, "activity_lines": [ 79.77882, 79.723667, 79.080111, 78.004254 ] }, { "date": "2026-07-31", "close": 80.1206, "volume": 368519, "typical_volume": 503082.5, "trend": 77.01836, "fair_value": 65.188934, "relative_strength": -2.907458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.383648, "energy": 37.625299, "activity_lines": [ 79.910053, 79.793973, 79.316274, 78.216395 ] }, { "date": "2026-08-07", "close": 82.8994, "volume": 361236, "typical_volume": 490824.2, "trend": 77.264007, "fair_value": 65.413187, "relative_strength": -4.268425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.389077, "energy": 50.197275, "activity_lines": [ 80.87434, 80.364413, 79.783558, 78.595817 ] } ], "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." } } }