{ "ticker": { "uuid": "09ddf59d-62b1-41b1-8c63-823263f871b8", "symbol": "SIRI", "name": "Sirius XM Holding Inc", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 58.136, "architecture_energy": 45.742, "architecture_maturity": 72.755, "architecture_confidence": 74.075, "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": 13.44, "rotation_up": 46.77, "upward_expansion": 77.99, "deceleration": 68.51, "rotation_down": 26.18, "downward_expansion": 6.99 }, "activity_lines": [ 29.935333, 29.687636, 28.735713, 27.357908 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 29.91, "trend_reference": 25.379154, "distance_from_trend": 0.178526, "trend_direction": "Improving", "fair_value": 27.817116, "distance_from_fair_value": 0.075237, "fair_value_direction": "Improving", "relative_strength": 11.19996, "relative_strength_direction": "Improving", "price_momentum": 0.4107, "excess_performance": 0.223246, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.178526, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.124011, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.075237, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.140809, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.112, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.090991, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.4107, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.002974, "read": "Demand-led" } ], "volume": { "latest": 22578744, "relative_activity": 0.927181, "balance": 2.002974, "dry_up": 0.833241, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.067256, "annualized_volatility": 0.275086, "from_high_reference": -0.084201, "from_low_reference": 0.54738 }, "levels": { "trend_reference": 25.379154, "fair_value_reference": 27.817116, "structural_low": 20.400313, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 14, "median_return": -0.008029, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": 0.010383, "regime_survival": 0.642857, "best_return": 0.14346, "worst_return": -0.10967, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": -0.041829, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.021031, "regime_survival": 0.166667, "best_return": 0.296483, "worst_return": -0.074142, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.049497, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.104262, "regime_survival": 0.2, "best_return": 0.068649, "worst_return": -0.434342, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.22064, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.44495, "regime_survival": 0.0, "best_return": 0.012543, "worst_return": -0.450527, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-02-14", "tenure": "Developing", "return": 0.18451, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.211717, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-20", "tenure": "Developing", "return": 0.100013, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-04", "tenure": "New", "return": 0.076684, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.125155, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-05", "tenure": "Developing", "return": 0.123249, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-10-03", "tenure": "New", "return": -0.000215, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.022456, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-10-31", "end": "2025-12-05", "tenure": "Developing", "return": 0.028067, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2026-01-16", "tenure": "Developing", "return": -0.05977, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-23", "end": "2026-02-20", "tenure": "Developing", "return": 0.039476, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": 0.013206, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-03-13", "end": "2026-04-03", "tenure": "New", "return": 0.081855, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-10", "end": "2026-08-07", "tenure": "Established", "return": 0.274747, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 40.2966, "volume": 48061258, "typical_volume": 92933388.2, "trend": 38.344107, "fair_value": 49.783349, "relative_strength": -23.833932, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 39.330565, "energy": 21.32412, "activity_lines": [ 43.725467, 44.1167, 40.455351, 38.884353 ] }, { "date": "2023-08-25", "close": 36.257965, "volume": 67422014, "typical_volume": 93491434.0, "trend": 37.810786, "fair_value": 49.699959, "relative_strength": -31.883548, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.115316, "energy": 19.660263, "activity_lines": [ 40.150648, 42.947181, 40.293101, 38.749763 ] }, { "date": "2023-09-01", "close": 40.386348, "volume": 62534336, "typical_volume": 93508662.8, "trend": 37.622518, "fair_value": 49.65575, "relative_strength": -26.124116, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.170587, "energy": 21.172291, "activity_lines": [ 39.749632, 42.508742, 40.519905, 38.915928 ] }, { "date": "2023-09-08", "close": 38.232409, "volume": 47441074, "typical_volume": 92559455.8, "trend": 37.501381, "fair_value": 49.610452, "relative_strength": -28.37972, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.846587, "energy": 18.941743, "activity_lines": [ 38.980304, 41.56622, 40.516518, 38.955276 ] }, { "date": "2023-09-15", "close": 35.809228, "volume": 134661551, "typical_volume": 94767892.5, "trend": 37.334952, "fair_value": 49.566576, "relative_strength": -31.810074, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.843783, "energy": 13.305804, "activity_lines": [ 37.729823, 40.223477, 40.262488, 38.846105 ] }, { "date": "2023-09-22", "close": 36.168218, "volume": 60996341, "typical_volume": 94427346.15, "trend": 37.242579, "fair_value": 49.527121, "relative_strength": -27.910427, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.893983, "energy": 15.899397, "activity_lines": [ 37.053726, 39.017431, 40.032632, 38.770832 ] }, { "date": "2023-09-29", "close": 40.565842, "volume": 170712500, "typical_volume": 98028222.95, "trend": 37.338187, "fair_value": 49.492542, "relative_strength": -18.376198, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.88836, "energy": 11.107303, "activity_lines": [ 38.118729, 38.724561, 40.207979, 38.985236 ] }, { "date": "2023-10-06", "close": 38.770894, "volume": 75779820, "typical_volume": 98522403.95, "trend": 37.545451, "fair_value": 49.431619, "relative_strength": -22.429678, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.831832, "energy": 9.571739, "activity_lines": [ 38.298224, 38.517287, 40.170164, 39.077668 ] }, { "date": "2023-10-13", "close": 43.527508, "volume": 61029107, "typical_volume": 98268733.85, "trend": 37.920138, "fair_value": 49.401187, "relative_strength": -11.985783, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.819939, "energy": 15.817153, "activity_lines": [ 40.170954, 39.299588, 40.550843, 39.463608 ] }, { "date": "2023-10-20", "close": 40.117105, "volume": 43028507, "typical_volume": 96543664.5, "trend": 38.142709, "fair_value": 49.341476, "relative_strength": -15.407064, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.827635, "energy": 18.343845, "activity_lines": [ 40.553876, 39.454606, 40.549553, 39.605347 ] }, { "date": "2023-10-27", "close": 36.975945, "volume": 51247737, "typical_volume": 95169938.6, "trend": 38.20144, "fair_value": 49.274875, "relative_strength": -18.916718, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.786119, "energy": 11.577645, "activity_lines": [ 39.602553, 39.084194, 40.210304, 39.530072 ] }, { "date": "2023-11-03", "close": 44.424982, "volume": 74765577, "typical_volume": 93253519.65, "trend": 38.50256, "fair_value": 49.239361, "relative_strength": -7.366667, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 50.087358, "energy": 28.043468, "activity_lines": [ 41.080394, 40.128528, 40.566423, 39.931591 ] }, { "date": "2023-11-10", "close": 41.787738, "volume": 52889904, "typical_volume": 91688280.0, "trend": 38.724641, "fair_value": 49.174193, "relative_strength": -14.20778, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 36.056666, "energy": 24.401964, "activity_lines": [ 41.421878, 40.544871, 40.627369, 40.143538 ] }, { "date": "2023-11-17", "close": 45.849181, "volume": 58535329, "typical_volume": 89389499.6, "trend": 39.117584, "fair_value": 49.127092, "relative_strength": -6.609918, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 61.127841, "energy": 43.314239, "activity_lines": [ 42.916053, 41.674179, 41.038992, 40.603186 ] }, { "date": "2023-11-24", "close": 44.495366, "volume": 34152932, "typical_volume": 88626846.3, "trend": 39.477227, "fair_value": 49.064409, "relative_strength": -8.980275, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.7712, "energy": 49.071138, "activity_lines": [ 43.804178, 42.418852, 41.29598, 40.95014 ] }, { "date": "2023-12-01", "close": 44.044095, "volume": 56389599, "typical_volume": 87781802.6, "trend": 39.835089, "fair_value": 49.009986, "relative_strength": -8.933657, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.545583, "energy": 47.689581, "activity_lines": [ 44.249996, 42.923546, 41.487335, 41.244776 ] }, { "date": "2023-12-08", "close": 41.877992, "volume": 64282302, "typical_volume": 74156815.6, "trend": 40.174327, "fair_value": 48.93743, "relative_strength": -12.744613, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.53081, "energy": 36.981493, "activity_lines": [ 43.502569, 42.891206, 41.464644, 41.376576 ] }, { "date": "2023-12-15", "close": 48.737318, "volume": 127107086, "typical_volume": 72673034.7, "trend": 40.748163, "fair_value": 48.914686, "relative_strength": -0.61361, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.132326, "energy": 44.08848, "activity_lines": [ 45.211384, 44.082158, 42.196866, 41.929027 ] }, { "date": "2023-12-22", "close": 49.369098, "volume": 66260150, "typical_volume": 71031458.4, "trend": 41.343058, "fair_value": 48.896257, "relative_strength": 0.898269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.890929, "energy": 47.549295, "activity_lines": [ 46.667486, 45.206772, 42.974466, 42.485217 ] }, { "date": "2023-12-29", "close": 49.369098, "volume": 31669543, "typical_volume": 69448333.35, "trend": 41.92307, "fair_value": 48.874376, "relative_strength": 1.779098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.868754, "energy": 60.196243, "activity_lines": [ 47.888928, 46.225174, 43.722362, 43.003026 ] }, { "date": "2024-01-05", "close": 49.278844, "volume": 54662193, "typical_volume": 69778380.1, "trend": 42.431611, "fair_value": 48.87635, "relative_strength": 6.135722, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.150205, "energy": 66.764659, "activity_lines": [ 48.755369, 47.05895, 44.429571, 43.477592 ] }, { "date": "2024-01-12", "close": 47.022487, "volume": 53918657, "typical_volume": 69103212.25, "trend": 42.826245, "fair_value": 48.869702, "relative_strength": -0.688431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.82641, "energy": 57.946806, "activity_lines": [ 48.520708, 47.258789, 44.879117, 43.773777 ] }, { "date": "2024-01-19", "close": 48.917827, "volume": 60328074, "typical_volume": 68992899.15, "trend": 43.316799, "fair_value": 48.866175, "relative_strength": 1.604678, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.388389, "energy": 49.626879, "activity_lines": [ 48.574861, 47.756008, 45.457911, 44.166783 ] }, { "date": "2024-01-26", "close": 48.195792, "volume": 50207361, "typical_volume": 69131213.5, "trend": 43.574923, "fair_value": 48.842616, "relative_strength": 0.564634, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.13761, "energy": 35.691818, "activity_lines": [ 48.376301, 47.99231, 45.927315, 44.481556 ] }, { "date": "2024-02-02", "close": 46.66147, "volume": 72237680, "typical_volume": 66010019.95, "trend": 43.805716, "fair_value": 48.817454, "relative_strength": -3.114727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.98723, "energy": 26.242859, "activity_lines": [ 47.744521, 47.906979, 46.203147, 44.680689 ] }, { "date": "2024-02-09", "close": 44.46035, "volume": 55040875, "typical_volume": 65712246.65, "trend": 43.87384, "fair_value": 48.778197, "relative_strength": -8.774877, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.369729, "energy": 18.255859, "activity_lines": [ 46.559543, 47.38206, 46.217672, 44.722923 ] }, { "date": "2024-02-16", "close": 43.552996, "volume": 65181370, "typical_volume": 60435690.15, "trend": 43.21817, "fair_value": 48.737384, "relative_strength": -8.736675, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.156889, "energy": 17.59274, "activity_lines": [ 45.393347, 46.6846, 46.106296, 44.702223 ] }, { "date": "2024-02-23", "close": 43.190054, "volume": 46304389, "typical_volume": 58961918.6, "trend": 43.136793, "fair_value": 48.702763, "relative_strength": -10.231632, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.871124, "energy": 16.090698, "activity_lines": [ 44.337469, 45.890696, 45.946129, 44.700409 ] }, { "date": "2024-03-01", "close": 38.744019, "volume": 75146698, "typical_volume": 59667798.15, "trend": 42.99056, "fair_value": 48.637513, "relative_strength": -20.517097, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.141464, "energy": 43.962173, "activity_lines": [ 42.181431, 44.389281, 45.341487, 44.417005 ] }, { "date": "2024-03-08", "close": 37.74593, "volume": 81866826, "typical_volume": 61609714.1, "trend": 42.827757, "fair_value": 48.551488, "relative_strength": -21.018854, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.504986, "energy": 63.970941, "activity_lines": [ 40.322815, 42.899578, 44.664567, 44.078641 ] }, { "date": "2024-03-15", "close": 36.74784, "volume": 105265429, "typical_volume": 64310598.7, "trend": 42.709465, "fair_value": 48.463325, "relative_strength": -21.903133, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.603795, "energy": 75.83687, "activity_lines": [ 38.725872, 41.439735, 43.903882, 43.686389 ] }, { "date": "2024-03-22", "close": 35.205338, "volume": 81552606, "typical_volume": 64649950.15, "trend": 42.674377, "fair_value": 48.35782, "relative_strength": -26.984605, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -58.056164, "energy": 84.424891, "activity_lines": [ 37.128929, 39.927273, 42.997379, 43.202251 ] }, { "date": "2024-03-29", "close": 35.205338, "volume": 52620815, "typical_volume": 64636495.7, "trend": 42.501677, "fair_value": 48.249652, "relative_strength": -26.185287, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.375904, "energy": 81.614809, "activity_lines": [ 36.088496, 38.629669, 42.134779, 42.720378 ] }, { "date": "2024-04-05", "close": 31.666657, "volume": 83611039, "typical_volume": 65890281.2, "trend": 42.282818, "fair_value": 48.114541, "relative_strength": -32.586933, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -89.764482, "energy": 95.459118, "activity_lines": [ 34.400817, 36.937986, 40.966506, 42.021344 ] }, { "date": "2024-04-12", "close": 29.126066, "volume": 120390853, "typical_volume": 70202177.25, "trend": 42.060046, "fair_value": 47.965274, "relative_strength": -37.179664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.319174, "energy": 96.692904, "activity_lines": [ 32.338099, 35.084908, 39.623808, 41.172522 ] }, { "date": "2024-04-19", "close": 28.037241, "volume": 76617028, "typical_volume": 71213548.7, "trend": 41.789014, "fair_value": 47.805301, "relative_strength": -35.607195, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.32943, "energy": 95.867663, "activity_lines": [ 30.487097, 33.352686, 38.250599, 40.267825 ] }, { "date": "2024-04-26", "close": 27.402093, "volume": 112374474, "typical_volume": 73618157.3, "trend": 41.350222, "fair_value": 47.656164, "relative_strength": -38.988358, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.118413, "energy": 94.177784, "activity_lines": [ 29.005085, 31.803585, 36.893124, 39.339636 ] }, { "date": "2024-05-03", "close": 28.309447, "volume": 122024984, "typical_volume": 73364052.2, "trend": 41.001507, "fair_value": 47.515251, "relative_strength": -37.166209, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.203438, "energy": 89.093778, "activity_lines": [ 28.345741, 30.713111, 35.690995, 38.498296 ] }, { "date": "2024-05-10", "close": 27.731819, "volume": 48933693, "typical_volume": 72497729.35, "trend": 40.474984, "fair_value": 47.377574, "relative_strength": -38.962275, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.959169, "energy": 87.434393, "activity_lines": [ 27.953581, 29.788169, 34.531131, 37.642187 ] }, { "date": "2024-05-17", "close": 27.54877, "volume": 93668341, "typical_volume": 75597669.25, "trend": 40.05604, "fair_value": 47.236589, "relative_strength": -40.294887, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.667548, "energy": 69.077314, "activity_lines": [ 27.762726, 29.030168, 33.456867, 36.808238 ] }, { "date": "2024-05-24", "close": 25.169142, "volume": 128328159, "typical_volume": 79280967.55, "trend": 39.66248, "fair_value": 47.064337, "relative_strength": -45.82099, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.636052, "energy": 73.121097, "activity_lines": [ 26.883816, 28.02491, 32.259879, 35.847793 ] }, { "date": "2024-05-31", "close": 25.809811, "volume": 155156937, "typical_volume": 84342881.55, "trend": 39.041974, "fair_value": 46.884449, "relative_strength": -43.188877, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.715379, "energy": 70.159342, "activity_lines": [ 26.409668, 27.346659, 31.238715, 34.954072 ] }, { "date": "2024-06-07", "close": 23.430183, "volume": 122959157, "typical_volume": 87474435.7, "trend": 38.430055, "fair_value": 46.674897, "relative_strength": -49.346847, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.118467, "energy": 73.926331, "activity_lines": [ 25.248463, 26.406576, 30.091932, 33.94686 ] }, { "date": "2024-06-14", "close": 23.887804, "volume": 198566719, "typical_volume": 94892403.6, "trend": 37.698009, "fair_value": 46.491762, "relative_strength": -49.656917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.205158, "energy": 70.50823, "activity_lines": [ 24.565083, 25.763791, 29.110102, 33.00865 ] }, { "date": "2024-06-21", "close": 26.816577, "volume": 479829350, "typical_volume": 115271987.1, "trend": 37.108717, "fair_value": 46.31566, "relative_strength": -43.170791, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.973798, "energy": 65.281771, "activity_lines": [ 25.114228, 25.794944, 28.522956, 32.306622 ] }, { "date": "2024-06-28", "close": 25.901336, "volume": 276784317, "typical_volume": 126359159.2, "trend": 36.503958, "fair_value": 46.127819, "relative_strength": -44.466291, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.241147, "energy": 62.038569, "activity_lines": [ 25.407105, 25.701679, 27.943142, 31.583565 ] }, { "date": "2024-07-05", "close": 33.955461, "volume": 313579651, "typical_volume": 138779073.25, "trend": 36.239874, "fair_value": 45.995343, "relative_strength": -29.128216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.142073, "energy": 21.206895, "activity_lines": [ 28.335878, 27.111636, 28.218765, 31.419146 ] }, { "date": "2024-07-12", "close": 33.955461, "volume": 223100188, "typical_volume": 147618863.2, "trend": 35.747145, "fair_value": 45.871942, "relative_strength": -28.307408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -6.57937, "energy": 21.777079, "activity_lines": [ 30.721608, 28.402441, 28.54009, 31.271765 ] }, { "date": "2024-07-19", "close": 31.163974, "volume": 206142887, "typical_volume": 154168672.65, "trend": 35.140307, "fair_value": 45.728511, "relative_strength": -30.029755, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.80914, "energy": 23.018809, "activity_lines": [ 31.475156, 29.083048, 28.639534, 30.976076 ] }, { "date": "2024-07-26", "close": 34.046985, "volume": 175396374, "typical_volume": 158845150.05, "trend": 34.62957, "fair_value": 45.601426, "relative_strength": -20.778556, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.286584, "energy": 27.09516, "activity_lines": [ 32.704631, 30.225436, 29.049645, 30.905539 ] }, { "date": "2024-08-02", "close": 28.555536, "volume": 108475487, "typical_volume": 159005652.95, "trend": 33.938793, "fair_value": 45.436757, "relative_strength": -30.688316, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.268232, "energy": 17.589949, "activity_lines": [ 31.621595, 30.251229, 28.954376, 30.513666 ] }, { "date": "2024-08-09", "close": 28.982039, "volume": 54645378, "typical_volume": 157660291.55, "trend": 33.337445, "fair_value": 45.299966, "relative_strength": -29.12767, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.473499, "energy": 8.481926, "activity_lines": [ 30.50378, 30.292997, 28.938736, 30.193875 ] }, { "date": "2024-08-16", "close": 27.643696, "volume": 82822541, "typical_volume": 159170377.85, "trend": 32.628307, "fair_value": 45.140151, "relative_strength": -35.147087, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.288827, "energy": 17.309043, "activity_lines": [ 29.271413, 30.033754, 28.825271, 29.826537 ] }, { "date": "2024-08-23", "close": 29.535835, "volume": 113295527, "typical_volume": 160654602.25, "trend": 32.006309, "fair_value": 44.995141, "relative_strength": -30.851148, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.905017, "energy": 20.234316, "activity_lines": [ 29.090542, 30.041926, 28.928016, 29.627022 ] }, { "date": "2024-08-30", "close": 30.366531, "volume": 73518492, "typical_volume": 158310984.2, "trend": 31.463144, "fair_value": 44.851176, "relative_strength": -27.662693, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.724157, "energy": 15.867086, "activity_lines": [ 29.295113, 30.098443, 29.120023, 29.52123 ] }, { "date": "2024-09-06", "close": 25.19776, "volume": 84620048, "typical_volume": 158711135.2, "trend": 30.821058, "fair_value": 44.691731, "relative_strength": -35.62338, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.337353, "energy": 24.809483, "activity_lines": [ 28.022124, 29.150638, 28.813858, 29.117012 ] }, { "date": "2024-09-13", "close": 22.622604, "volume": 88601155, "typical_volume": 157522469.25, "trend": 30.123378, "fair_value": 44.511499, "relative_strength": -44.839272, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.313571, "energy": 43.614311, "activity_lines": [ 26.114601, 27.747415, 28.275962, 28.588079 ] }, { "date": "2024-09-20", "close": 23.028722, "volume": 50562102, "typical_volume": 153949325.15, "trend": 29.451334, "fair_value": 44.33494, "relative_strength": -44.003048, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.127116, "energy": 54.468708, "activity_lines": [ 24.766414, 26.624085, 27.799503, 28.13036 ] }, { "date": "2024-09-27", "close": 22.502615, "volume": 32366694, "typical_volume": 153120975.2, "trend": 28.909954, "fair_value": 44.151799, "relative_strength": -45.003048, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.315416, "energy": 62.049909, "activity_lines": [ 23.550522, 25.603766, 27.298086, 27.682055 ] }, { "date": "2024-10-04", "close": 20.979673, "volume": 27080973, "typical_volume": 149791606.8, "trend": 28.351078, "fair_value": 43.962106, "relative_strength": -48.024293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.090176, "energy": 71.264426, "activity_lines": [ 22.295864, 24.464028, 26.676527, 27.170424 ] }, { "date": "2024-10-11", "close": 23.010262, "volume": 27066366, "typical_volume": 144728517.15, "trend": 27.893159, "fair_value": 43.787568, "relative_strength": -42.716172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.902917, "energy": 65.82637, "activity_lines": [ 22.34386, 23.931075, 26.279639, 26.825855 ] }, { "date": "2024-10-18", "close": 25.483888, "volume": 49287404, "typical_volume": 139435040.5, "trend": 27.569111, "fair_value": 43.626213, "relative_strength": -35.754078, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.925207, "energy": 50.850504, "activity_lines": [ 23.362231, 23.948696, 26.128614, 26.670419 ] }, { "date": "2024-10-25", "close": 24.367064, "volume": 27786662, "typical_volume": 134676415.75, "trend": 27.207835, "fair_value": 43.456628, "relative_strength": -37.801001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.356353, "energy": 35.174962, "activity_lines": [ 23.817575, 23.826861, 25.872778, 26.463835 ] }, { "date": "2024-11-01", "close": 25.520808, "volume": 37325043, "typical_volume": 126614331.95, "trend": 27.002973, "fair_value": 43.276143, "relative_strength": -32.667194, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.45892, "energy": 20.288827, "activity_lines": [ 24.568277, 23.974372, 25.72236, 26.354994 ] }, { "date": "2024-11-08", "close": 24.365077, "volume": 29358365, "typical_volume": 104090782.7, "trend": 26.844274, "fair_value": 43.077513, "relative_strength": -38.078962, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.955374, "energy": 21.141281, "activity_lines": [ 24.732523, 23.984751, 25.454097, 26.184808 ] }, { "date": "2024-11-15", "close": 24.057367, "volume": 27849725, "typical_volume": 91644053.1, "trend": 26.711611, "fair_value": 42.899456, "relative_strength": -35.545637, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.596441, "energy": 18.872446, "activity_lines": [ 24.568506, 24.0483, 25.168202, 26.005007 ] }, { "date": "2024-11-22", "close": 24.448998, "volume": 20498110, "typical_volume": 76989976.05, "trend": 26.613175, "fair_value": 42.724983, "relative_strength": -34.574316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.606549, "energy": 19.378561, "activity_lines": [ 24.465225, 24.203789, 24.928386, 25.859032 ] }, { "date": "2024-11-29", "close": 25.129691, "volume": 14546253, "typical_volume": 66562279.3, "trend": 26.507183, "fair_value": 42.552726, "relative_strength": -32.135856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.517682, "energy": 19.37018, "activity_lines": [ 24.657834, 24.449833, 24.798666, 25.763323 ] }, { "date": "2024-12-06", "close": 26.397832, "volume": 22534970, "typical_volume": 57381883.45, "trend": 26.462717, "fair_value": 42.38484, "relative_strength": -29.913326, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.052409, "energy": 8.804775, "activity_lines": [ 25.222315, 24.888249, 24.83175, 25.756269 ] }, { "date": "2024-12-13", "close": 22.481516, "volume": 34957265, "typical_volume": 50359928.0, "trend": 26.293808, "fair_value": 42.186482, "relative_strength": -39.486921, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.595115, "energy": 24.686971, "activity_lines": [ 24.42289, 24.543786, 24.514547, 25.499417 ] }, { "date": "2024-12-20", "close": 21.521086, "volume": 53296661, "typical_volume": 47600986.7, "trend": 26.172206, "fair_value": 41.979284, "relative_strength": -39.415635, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.916278, "energy": 43.381139, "activity_lines": [ 23.428891, 23.997392, 24.160947, 25.191499 ] }, { "date": "2024-12-27", "close": 21.567709, "volume": 15925810, "typical_volume": 45665008.3, "trend": 26.030803, "fair_value": 41.776679, "relative_strength": -38.453338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.892044, "energy": 62.731725, "activity_lines": [ 22.619519, 23.486551, 23.845286, 24.894435 ] }, { "date": "2025-01-03", "close": 20.849718, "volume": 19409314, "typical_volume": 42494346.95, "trend": 25.944788, "fair_value": 41.577523, "relative_strength": -38.552418, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.510406, "energy": 75.655696, "activity_lines": [ 21.762903, 22.91637, 23.496551, 24.560171 ] }, { "date": "2025-01-10", "close": 19.418398, "volume": 26448026, "typical_volume": 38151971.9, "trend": 25.795807, "fair_value": 41.370265, "relative_strength": -40.126919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.383386, "energy": 82.337676, "activity_lines": [ 20.714512, 22.149901, 23.043852, 24.139114 ] }, { "date": "2025-01-17", "close": 20.765797, "volume": 19520534, "typical_volume": 35452074.0, "trend": 25.594115, "fair_value": 41.180771, "relative_strength": -36.28191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.802623, "energy": 76.135608, "activity_lines": [ 20.580549, 21.739366, 22.767655, 23.814597 ] }, { "date": "2025-01-24", "close": 20.476736, "volume": 16023422, "typical_volume": 32022242.7, "trend": 25.413295, "fair_value": 40.979761, "relative_strength": -36.62731, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.159839, "energy": 71.094699, "activity_lines": [ 20.464614, 21.341716, 22.509646, 23.484444 ] }, { "date": "2025-01-31", "close": 22.388271, "volume": 38286527, "typical_volume": 29506511.3, "trend": 25.027722, "fair_value": 40.759334, "relative_strength": -28.232219, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.391573, "energy": 45.476224, "activity_lines": [ 21.05548, 21.35672, 22.456169, 23.289281 ] }, { "date": "2025-02-07", "close": 23.973446, "volume": 40941443, "typical_volume": 29025478.35, "trend": 24.694988, "fair_value": 40.564783, "relative_strength": -21.82155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.202019, "energy": 18.002842, "activity_lines": [ 22.120034, 21.697405, 22.554777, 23.221263 ] }, { "date": "2025-02-14", "close": 25.547174, "volume": 25138942, "typical_volume": 28664090.75, "trend": 24.507761, "fair_value": 40.390958, "relative_strength": -17.580212, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.764937, "energy": 15.934549, "activity_lines": [ 23.500916, 22.345246, 22.798765, 23.276243 ] }, { "date": "2025-02-21", "close": 23.323223, "volume": 19995362, "typical_volume": 28309810.2, "trend": 24.150302, "fair_value": 40.195598, "relative_strength": -21.585222, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.180131, "energy": 24.481947, "activity_lines": [ 23.731895, 22.604198, 22.816451, 23.199821 ] }, { "date": "2025-02-28", "close": 22.795505, "volume": 19006300, "typical_volume": 27906806.9, "trend": 23.958301, "fair_value": 39.996296, "relative_strength": -19.491672, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.274389, "energy": 21.840007, "activity_lines": [ 23.616473, 22.751898, 22.772718, 23.112415 ] }, { "date": "2025-03-07", "close": 23.775552, "volume": 25601995, "typical_volume": 26722536.45, "trend": 23.784752, "fair_value": 39.802157, "relative_strength": -12.076133, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.070012, "energy": 14.811592, "activity_lines": [ 23.67315, 23.054617, 22.823345, 23.100625 ] }, { "date": "2025-03-14", "close": 21.36313, "volume": 29584711, "typical_volume": 26812438.9, "trend": 23.5754, "fair_value": 39.584715, "relative_strength": -17.83132, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.480429, "energy": 16.846788, "activity_lines": [ 22.8332, 22.878571, 22.652353, 22.944391 ] }, { "date": "2025-03-21", "close": 22.117012, "volume": 21211267, "typical_volume": 26006750.1, "trend": 23.328105, "fair_value": 39.35923, "relative_strength": -14.127861, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.588649, "energy": 20.46363, "activity_lines": [ 22.418565, 22.83026, 22.567463, 22.850301 ] }, { "date": "2025-03-28", "close": 21.438518, "volume": 19061270, "typical_volume": 25491895.35, "trend": 23.030505, "fair_value": 39.127715, "relative_strength": -13.720903, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.059877, "energy": 27.105348, "activity_lines": [ 22.006442, 22.609521, 22.434164, 22.728393 ] }, { "date": "2025-04-04", "close": 18.385296, "volume": 29026541, "typical_volume": 25550736.15, "trend": 22.803423, "fair_value": 38.881668, "relative_strength": -17.040583, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -75.700394, "energy": 63.778767, "activity_lines": [ 20.702227, 21.821419, 22.024018, 22.428702 ] }, { "date": "2025-04-11", "close": 18.865896, "volume": 40689072, "typical_volume": 26560284.25, "trend": 22.678199, "fair_value": 38.64094, "relative_strength": -20.073429, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.668615, "energy": 70.47975, "activity_lines": [ 19.852225, 21.158725, 21.686652, 22.174668 ] }, { "date": "2025-04-18", "close": 19.148601, "volume": 12454541, "typical_volume": 26455698.65, "trend": 22.548862, "fair_value": 38.413782, "relative_strength": -16.221626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.864725, "energy": 72.170973, "activity_lines": [ 19.423768, 20.611475, 21.402798, 21.946952 ] }, { "date": "2025-04-25", "close": 20.420777, "volume": 15171505, "typical_volume": 26087525.4, "trend": 22.479467, "fair_value": 38.208775, "relative_strength": -15.380293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.370964, "energy": 65.984799, "activity_lines": [ 19.567006, 20.383254, 21.268584, 21.809656 ] }, { "date": "2025-05-02", "close": 19.289954, "volume": 26585607, "typical_volume": 25668942.5, "trend": 22.423143, "fair_value": 37.991382, "relative_strength": -21.964371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.329829, "energy": 51.543255, "activity_lines": [ 19.446385, 20.042637, 21.055135, 21.603881 ] }, { "date": "2025-05-09", "close": 20.580977, "volume": 21306688, "typical_volume": 24069443.85, "trend": 22.342167, "fair_value": 37.778332, "relative_strength": -15.925494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.494806, "energy": 34.114793, "activity_lines": [ 19.899342, 20.010083, 20.979839, 21.485031 ] }, { "date": "2025-05-16", "close": 21.687789, "volume": 18868143, "typical_volume": 24216560.5, "trend": 22.215631, "fair_value": 37.571254, "relative_strength": -16.469095, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.69582, "energy": 17.442671, "activity_lines": [ 20.574858, 20.219031, 21.014429, 21.442813 ] }, { "date": "2025-05-23", "close": 20.838597, "volume": 11150948, "typical_volume": 23803642.2, "trend": 22.098015, "fair_value": 37.346371, "relative_strength": -17.347032, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.983451, "energy": 17.670741, "activity_lines": [ 20.779184, 20.311541, 20.967573, 21.353972 ] }, { "date": "2025-05-30", "close": 20.685933, "volume": 10328506, "typical_volume": 22997666.2, "trend": 21.936853, "fair_value": 37.12669, "relative_strength": -18.953323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.117173, "energy": 19.111934, "activity_lines": [ 20.819955, 20.38583, 20.90623, 21.26287 ] }, { "date": "2025-06-06", "close": 20.981719, "volume": 14761395, "typical_volume": 22759709.25, "trend": 21.824074, "fair_value": 36.918456, "relative_strength": -19.113158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.549788, "energy": 17.57224, "activity_lines": [ 20.941645, 20.539918, 20.867022, 21.201249 ] }, { "date": "2025-06-13", "close": 20.313816, "volume": 19282849, "typical_volume": 22922680.6, "trend": 21.699289, "fair_value": 36.719988, "relative_strength": -20.887443, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.75377, "energy": 14.805676, "activity_lines": [ 20.727916, 20.580875, 20.763175, 21.103813 ] }, { "date": "2025-06-20", "close": 20.752724, "volume": 11620395, "typical_volume": 21589374.0, "trend": 21.57608, "fair_value": 36.50523, "relative_strength": -18.61875, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.758643, "energy": 13.750235, "activity_lines": [ 20.6783, 20.666569, 20.701905, 21.042744 ] }, { "date": "2025-06-27", "close": 21.525584, "volume": 14292199, "typical_volume": 20256911.8, "trend": 21.455943, "fair_value": 36.294302, "relative_strength": -18.464133, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.533963, "energy": 6.195419, "activity_lines": [ 20.948642, 20.858478, 20.722029, 21.039486 ] }, { "date": "2025-07-04", "close": 23.17626, "volume": 13604589, "typical_volume": 19680194.15, "trend": 21.348557, "fair_value": 36.088337, "relative_strength": -12.546779, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.899854, "energy": 28.169262, "activity_lines": [ 21.723411, 21.307291, 20.911017, 21.150475 ] }, { "date": "2025-07-11", "close": 23.099928, "volume": 16282770, "typical_volume": 19494564.55, "trend": 21.369171, "fair_value": 35.879636, "relative_strength": -11.54156, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.27021, "energy": 47.990645, "activity_lines": [ 22.306713, 21.692126, 21.104025, 21.263466 ] }, { "date": "2025-07-18", "close": 22.479732, "volume": 13545813, "typical_volume": 19221540.2, "trend": 21.401126, "fair_value": 35.660778, "relative_strength": -14.091663, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.570786, "energy": 47.948273, "activity_lines": [ 22.54207, 21.894926, 21.23903, 21.335115 ] }, { "date": "2025-07-25", "close": 22.498815, "volume": 12340360, "typical_volume": 18558458.45, "trend": 21.432163, "fair_value": 35.429682, "relative_strength": -13.574363, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.45507, "energy": 49.22182, "activity_lines": [ 22.639393, 22.066673, 21.377356, 21.405934 ] }, { "date": "2025-08-01", "close": 20.208859, "volume": 34950524, "typical_volume": 18826749.1, "trend": 21.410801, "fair_value": 35.188315, "relative_strength": -19.696293, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -4.327581, "energy": 10.389148, "activity_lines": [ 21.856991, 21.807318, 21.303671, 21.327011 ] }, { "date": "2025-08-08", "close": 20.695475, "volume": 26284450, "typical_volume": 19080408.25, "trend": 21.45337, "fair_value": 34.938794, "relative_strength": -19.746848, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.598673, "energy": 9.241448, "activity_lines": [ 21.324577, 21.647888, 21.281827, 21.280861 ] }, { "date": "2025-08-15", "close": 22.251017, "volume": 24678153, "typical_volume": 19361252.4, "trend": 21.502877, "fair_value": 34.720665, "relative_strength": -13.390374, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.506161, "energy": 9.672066, "activity_lines": [ 21.476062, 21.771111, 21.414899, 21.332322 ] }, { "date": "2025-08-22", "close": 22.65198, "volume": 13871829, "typical_volume": 18603516.8, "trend": 21.575385, "fair_value": 34.51807, "relative_strength": -10.136901, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.453961, "energy": 10.577581, "activity_lines": [ 21.817795, 21.944158, 21.582288, 21.406458 ] }, { "date": "2025-08-29", "close": 22.840384, "volume": 17362073, "typical_volume": 17437166.85, "trend": 21.590456, "fair_value": 34.322321, "relative_strength": -8.175546, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.679255, "energy": 22.831711, "activity_lines": [ 22.210847, 22.108948, 21.747304, 21.488071 ] }, { "date": "2025-09-05", "close": 23.246178, "volume": 12905182, "typical_volume": 17459698.9, "trend": 21.566213, "fair_value": 34.117898, "relative_strength": -6.79992, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.739718, "energy": 54.277051, "activity_lines": [ 22.716392, 22.309562, 21.93204, 21.594892 ] }, { "date": "2025-09-12", "close": 22.492561, "volume": 16615042, "typical_volume": 17531875.75, "trend": 21.464393, "fair_value": 33.925556, "relative_strength": -11.07483, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.933846, "energy": 50.786284, "activity_lines": [ 22.768243, 22.341871, 22.025491, 21.654656 ] }, { "date": "2025-09-19", "close": 22.337973, "volume": 15509672, "typical_volume": 16978079.0, "trend": 21.431551, "fair_value": 33.741242, "relative_strength": -13.140164, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.937097, "energy": 42.276065, "activity_lines": [ 22.648759, 22.358504, 22.094354, 21.711016 ] }, { "date": "2025-09-26", "close": 21.932179, "volume": 13682178, "typical_volume": 16596853.5, "trend": 21.402774, "fair_value": 33.559964, "relative_strength": -13.960432, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.816712, "energy": 24.549469, "activity_lines": [ 22.388214, 22.315209, 22.110055, 21.743314 ] }, { "date": "2025-10-03", "close": 22.48773, "volume": 18117070, "typical_volume": 16559299.85, "trend": 21.359846, "fair_value": 33.373227, "relative_strength": -12.599801, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.195269, "energy": 17.023656, "activity_lines": [ 22.360839, 22.38288, 22.172232, 21.813312 ] }, { "date": "2025-10-10", "close": 20.222049, "volume": 16816122, "typical_volume": 16842558.55, "trend": 21.32181, "fair_value": 33.161821, "relative_strength": -19.122803, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.093107, "energy": 11.058184, "activity_lines": [ 21.601747, 22.03881, 22.01482, 21.739905 ] }, { "date": "2025-10-17", "close": 20.656828, "volume": 14940755, "typical_volume": 17073171.0, "trend": 21.273138, "fair_value": 32.94531, "relative_strength": -18.708909, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.467835, "energy": 20.019742, "activity_lines": [ 21.18919, 21.773551, 21.901752, 21.697003 ] }, { "date": "2025-10-24", "close": 20.676151, "volume": 13732565, "typical_volume": 17021729.5, "trend": 21.247725, "fair_value": 32.73005, "relative_strength": -19.784568, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.247501, "energy": 28.972351, "activity_lines": [ 20.905457, 21.512508, 21.790663, 21.658488 ] }, { "date": "2025-10-31", "close": 20.956342, "volume": 29981543, "typical_volume": 17556664.2, "trend": 21.333427, "fair_value": 32.51715, "relative_strength": -19.528632, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.912325, "energy": 33.407301, "activity_lines": [ 20.825908, 21.331042, 21.707713, 21.639689 ] }, { "date": "2025-11-07", "close": 21.231582, "volume": 20538373, "typical_volume": 18002563.1, "trend": 21.412283, "fair_value": 32.288841, "relative_strength": -15.383114, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.326228, "energy": 26.833609, "activity_lines": [ 20.903162, 21.230451, 21.647918, 21.633118 ] }, { "date": "2025-11-14", "close": 21.035989, "volume": 13600539, "typical_volume": 17967980.1, "trend": 21.475196, "fair_value": 32.062107, "relative_strength": -15.482364, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.529158, "energy": 18.40412, "activity_lines": [ 20.998962, 21.123547, 21.567214, 21.608841 ] }, { "date": "2025-11-21", "close": 20.067806, "volume": 21913025, "typical_volume": 18383401.9, "trend": 21.46343, "fair_value": 31.823508, "relative_strength": -16.229977, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.475025, "energy": 24.511912, "activity_lines": [ 20.717771, 20.880796, 21.396633, 21.518042 ] }, { "date": "2025-11-28", "close": 20.791499, "volume": 12721390, "typical_volume": 18205332.9, "trend": 21.513482, "fair_value": 31.603695, "relative_strength": -16.667714, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -48.796783, "energy": 27.903109, "activity_lines": [ 20.717079, 20.813712, 21.309778, 21.474692 ] }, { "date": "2025-12-05", "close": 21.54453, "volume": 18687087, "typical_volume": 18462396.6, "trend": 21.5456, "fair_value": 31.396065, "relative_strength": -13.853299, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -33.183827, "energy": 19.034547, "activity_lines": [ 20.959708, 20.91166, 21.305633, 21.476695 ] }, { "date": "2025-12-12", "close": 21.270701, "volume": 16193698, "typical_volume": 18655063.5, "trend": 21.531697, "fair_value": 31.195168, "relative_strength": -12.972115, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -32.747668, "energy": 17.395425, "activity_lines": [ 21.071848, 20.966869, 21.279862, 21.458959 ] }, { "date": "2025-12-19", "close": 20.312297, "volume": 20034325, "typical_volume": 17909253.55, "trend": 21.514154, "fair_value": 30.994917, "relative_strength": -17.002853, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.991143, "energy": 22.652136, "activity_lines": [ 20.861912, 20.86995, 21.168662, 21.380288 ] }, { "date": "2025-12-26", "close": 20.146043, "volume": 12519036, "typical_volume": 17220982.85, "trend": 21.496158, "fair_value": 30.7936, "relative_strength": -18.325505, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -54.734638, "energy": 26.621075, "activity_lines": [ 20.644804, 20.741163, 21.041137, 21.292023 ] }, { "date": "2026-01-02", "close": 20.058026, "volume": 17946506, "typical_volume": 16884400.5, "trend": 21.465368, "fair_value": 30.583232, "relative_strength": -16.943152, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.045614, "energy": 42.947321, "activity_lines": [ 20.393142, 20.60566, 20.907845, 21.19924 ] }, { "date": "2026-01-09", "close": 21.30004, "volume": 21513230, "typical_volume": 17266470.55, "trend": 21.498242, "fair_value": 30.382522, "relative_strength": -13.515005, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.511692, "energy": 33.138934, "activity_lines": [ 20.604382, 20.707216, 20.903283, 21.188574 ] }, { "date": "2026-01-16", "close": 19.999348, "volume": 21997402, "typical_volume": 17498237.0, "trend": 21.47313, "fair_value": 30.180265, "relative_strength": -17.777541, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -57.578468, "energy": 40.876845, "activity_lines": [ 20.398357, 20.566034, 20.781283, 21.091871 ] }, { "date": "2026-01-23", "close": 20.058026, "volume": 18098441, "typical_volume": 17757899.95, "trend": 21.424211, "fair_value": 29.973858, "relative_strength": -17.460202, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.79537, "energy": 35.90124, "activity_lines": [ 20.296649, 20.457924, 20.6784, 21.000574 ] }, { "date": "2026-01-30", "close": 19.901552, "volume": 23500408, "typical_volume": 18102168.25, "trend": 21.315054, "fair_value": 29.80634, "relative_strength": -17.542018, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.414428, "energy": 34.64621, "activity_lines": [ 20.159734, 20.339146, 20.575797, 20.902338 ] }, { "date": "2026-02-06", "close": 21.202243, "volume": 60195370, "typical_volume": 20336453.15, "trend": 21.251798, "fair_value": 29.673877, "relative_strength": -9.8876, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.545565, "energy": 19.210228, "activity_lines": [ 20.472682, 20.45988, 20.609408, 20.89506 ] }, { "date": "2026-02-13", "close": 21.077533, "volume": 27506883, "typical_volume": 21027688.4, "trend": 21.205058, "fair_value": 29.547437, "relative_strength": -8.689675, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.817022, "energy": 11.762388, "activity_lines": [ 20.66778, 20.550471, 20.636549, 20.883817 ] }, { "date": "2026-02-20", "close": 20.849828, "volume": 14820433, "typical_volume": 20862856.55, "trend": 21.150092, "fair_value": 29.431478, "relative_strength": -10.234262, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.646639, "energy": 14.29813, "activity_lines": [ 20.801809, 20.608153, 20.646074, 20.860899 ] }, { "date": "2026-02-27", "close": 21.740846, "volume": 17346351, "typical_volume": 20889368.0, "trend": 21.201158, "fair_value": 29.329191, "relative_strength": -5.722687, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.3022, "energy": 12.237892, "activity_lines": [ 21.176145, 20.83549, 20.748257, 20.899012 ] }, { "date": "2026-03-06", "close": 22.027952, "volume": 21911881, "typical_volume": 21237924.3, "trend": 21.245574, "fair_value": 29.261723, "relative_strength": -2.692377, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.687258, "energy": 31.29946, "activity_lines": [ 21.533996, 21.089054, 20.870552, 20.952354 ] }, { "date": "2026-03-13", "close": 21.770547, "volume": 20092650, "typical_volume": 21555928.55, "trend": 21.229558, "fair_value": 29.194311, "relative_strength": -2.450468, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.46508, "energy": 34.587268, "activity_lines": [ 21.664285, 21.261601, 20.961802, 20.986223 ] }, { "date": "2026-03-20", "close": 21.770547, "volume": 18476667, "typical_volume": 20980684.75, "trend": 21.200177, "fair_value": 29.119506, "relative_strength": -0.045055, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.934159, "energy": 41.0621, "activity_lines": [ 21.756687, 21.403011, 21.047841, 21.021126 ] }, { "date": "2026-03-27", "close": 22.612064, "volume": 15060335, "typical_volume": 20706782.85, "trend": 21.192566, "fair_value": 29.038725, "relative_strength": 7.596908, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.533882, "energy": 46.902894, "activity_lines": [ 22.083393, 21.688869, 21.210148, 21.112215 ] }, { "date": "2026-04-03", "close": 23.552584, "volume": 17617101, "typical_volume": 20907610.95, "trend": 21.20278, "fair_value": 28.962835, "relative_strength": 7.972272, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 76.018807, "energy": 64.278299, "activity_lines": [ 22.606124, 22.098227, 21.455454, 21.264474 ] }, { "date": "2026-04-10", "close": 23.463482, "volume": 17699198, "typical_volume": 20696919.6, "trend": 21.235144, "fair_value": 28.88808, "relative_strength": 3.14792, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.554501, "energy": 69.098382, "activity_lines": [ 22.978372, 22.427848, 21.68029, 21.410326 ] }, { "date": "2026-04-17", "close": 25.225718, "volume": 20323548, "typical_volume": 21077027.5, "trend": 21.331402, "fair_value": 28.831444, "relative_strength": 4.67841, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.82525, "energy": 83.116079, "activity_lines": [ 23.84233, 23.013113, 22.056789, 21.667782 ] }, { "date": "2026-04-24", "close": 26.344441, "volume": 54758964, "typical_volume": 22880621.35, "trend": 21.478477, "fair_value": 28.784254, "relative_strength": 7.168543, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.481036, "energy": 87.193455, "activity_lines": [ 24.84885, 23.728627, 22.518717, 21.991204 ] }, { "date": "2026-05-01", "close": 26.948353, "volume": 34089884, "typical_volume": 23775430.65, "trend": 21.627165, "fair_value": 28.743486, "relative_strength": 7.934665, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.280077, "energy": 88.425485, "activity_lines": [ 25.751749, 24.458182, 23.015304, 22.344099 ] }, { "date": "2026-05-08", "close": 26.829551, "volume": 19735783, "typical_volume": 23760503.55, "trend": 21.847415, "fair_value": 28.712259, "relative_strength": 2.100861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.545282, "energy": 90.073049, "activity_lines": [ 26.325961, 25.055254, 23.47354, 22.679737 ] }, { "date": "2026-05-15", "close": 25.83, "volume": 16685082, "typical_volume": 23968805.85, "trend": 22.019854, "fair_value": 28.675771, "relative_strength": -1.111002, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.021595, "energy": 82.129625, "activity_lines": [ 26.348524, 25.378068, 23.805546, 22.936678 ] }, { "date": "2026-05-22", "close": 28.89, "volume": 24506657, "typical_volume": 24296813.4, "trend": 22.293649, "fair_value": 28.658897, "relative_strength": 9.323094, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.269888, "energy": 82.006745, "activity_lines": [ 27.23332, 26.188118, 24.401914, 23.379913 ] }, { "date": "2026-05-29", "close": 29.52, "volume": 19585657, "typical_volume": 24200434.75, "trend": 22.579104, "fair_value": 28.6432, "relative_strength": 8.565294, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.834236, "energy": 84.143836, "activity_lines": [ 28.08383, 26.983268, 25.016225, 23.84613 ] }, { "date": "2026-06-05", "close": 27.01, "volume": 22424414, "typical_volume": 24221785.35, "trend": 22.771718, "fair_value": 28.598248, "relative_strength": 4.096636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.244436, "energy": 59.461337, "activity_lines": [ 27.88597, 27.181155, 25.352346, 24.131994 ] }, { "date": "2026-06-12", "close": 27.52, "volume": 58209848, "typical_volume": 26227355.7, "trend": 22.987852, "fair_value": 28.549123, "relative_strength": 3.697726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.328459, "energy": 56.246855, "activity_lines": [ 27.854, 27.391807, 25.703654, 24.438335 ] }, { "date": "2026-06-19", "close": 28.03, "volume": 19098586, "typical_volume": 26007264.6, "trend": 23.253258, "fair_value": 28.509564, "relative_strength": 2.960923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.544951, "energy": 51.728635, "activity_lines": [ 27.946, 27.623052, 26.068001, 24.763635 ] }, { "date": "2026-06-26", "close": 28.35, "volume": 27116333, "typical_volume": 24353312.75, "trend": 23.505208, "fair_value": 28.431986, "relative_strength": 9.001957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.443367, "energy": 46.542592, "activity_lines": [ 27.998, 27.829451, 26.424116, 25.092457 ] }, { "date": "2026-07-03", "close": 30.51, "volume": 19107535, "typical_volume": 23933345.35, "trend": 23.804057, "fair_value": 28.372835, "relative_strength": 16.245625, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.78983, "energy": 57.131133, "activity_lines": [ 28.806, 28.371772, 26.951909, 25.544379 ] }, { "date": "2026-07-10", "close": 30.42, "volume": 19857217, "typical_volume": 24185184.55, "trend": 24.109034, "fair_value": 28.295933, "relative_strength": 13.834717, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.589142, "energy": 58.153437, "activity_lines": [ 29.518, 28.821992, 27.426215, 25.971214 ] }, { "date": "2026-07-17", "close": 30.59, "volume": 15068744, "typical_volume": 24071304.2, "trend": 24.451624, "fair_value": 28.086747, "relative_strength": 19.20325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.291076, "energy": 69.892448, "activity_lines": [ 30.059333, 29.24, 27.871138, 26.38934 ] }, { "date": "2026-07-24", "close": 29.8, "volume": 15055720, "typical_volume": 23728496.15, "trend": 24.773423, "fair_value": 27.985264, "relative_strength": 17.782671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.268864, "energy": 71.575748, "activity_lines": [ 30.132667, 29.446, 28.198685, 26.734397 ] }, { "date": "2026-07-31", "close": 29.62, "volume": 28461250, "typical_volume": 24146926.15, "trend": 25.092155, "fair_value": 27.898654, "relative_strength": 16.043208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.763519, "energy": 52.186299, "activity_lines": [ 30.028, 29.547091, 28.472078, 27.047079 ] }, { "date": "2026-08-07", "close": 29.91, "volume": 22578744, "typical_volume": 24352030.0, "trend": 25.379154, "fair_value": 27.817116, "relative_strength": 11.19996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.136377, "energy": 45.741713, "activity_lines": [ 29.935333, 29.687636, 28.735713, 27.357908 ] } ], "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." } } }