{ "ticker": { "uuid": "0b00b881-6399-4ba8-9d9b-5bcc60469c9f", "symbol": "USMC", "name": "PRINCIPAL U.S. MEGA-CAP 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": 87.331, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 81.164, "architecture_energy": 60.74, "architecture_maturity": 47.452, "architecture_confidence": 77.762, "architecture_tenure": "Developing", "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": 11.69, "rotation_up": 57.77, "upward_expansion": 82.72, "deceleration": 62.6, "rotation_down": 25.72, "downward_expansion": 9.39 }, "activity_lines": [ 74.72346, 74.223155, 73.247347, 71.717555 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 76.3003, "trend_reference": 69.980296, "distance_from_trend": 0.090311, "trend_direction": "Improving", "fair_value": 58.243371, "distance_from_fair_value": 0.310025, "fair_value_direction": "Improving", "relative_strength": -2.974751, "relative_strength_direction": "Improving", "price_momentum": 0.126593, "excess_performance": -0.060861, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.090311, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.027867, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.310025, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.014652, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.029748, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.058819, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.126593, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.643393, "read": "Demand-led" } ], "volume": { "latest": 351992, "relative_activity": 0.758389, "balance": 2.643393, "dry_up": 0.86459, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.022884, "annualized_volatility": 0.132091, "from_high_reference": -0.008572, "from_low_reference": 0.227892 }, "levels": { "trend_reference": 69.980296, "fair_value_reference": 58.243371, "structural_low": 62.139256, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.014981, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.000155, "regime_survival": 0.833333, "best_return": 0.070562, "worst_return": -0.09746, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.051916, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.003726, "regime_survival": 0.642857, "best_return": 0.10485, "worst_return": -0.052325, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.090708, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": 0.004055, "regime_survival": 0.625, "best_return": 0.199737, "worst_return": -0.131843, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.156502, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.017597, "regime_survival": 0.5, "best_return": 0.352219, "worst_return": -0.051764, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": 0.018359, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.012918, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-03-14", "tenure": "Extended", "return": 0.019782, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.013598, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.041824, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.067493, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.0349, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.034609, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2026-01-30", "tenure": "Extended", "return": 0.07369, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-06", "end": "2026-03-06", "tenure": "Developing", "return": -0.020021, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.024555, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.111727, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.029293, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-08-07", "tenure": "Developing", "return": 0.048401, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 42.039334, "volume": 74060, "typical_volume": 125110.75, "trend": 39.646669, "fair_value": 36.88792, "relative_strength": -3.558012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.990273, "energy": 53.627127, "activity_lines": [ 42.71862, 42.691457, 41.874998, 40.924804 ] }, { "date": "2023-08-25", "close": 42.534715, "volume": 170902, "typical_volume": 129768.15, "trend": 39.842459, "fair_value": 36.958221, "relative_strength": -3.948972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.47097, "energy": 39.628938, "activity_lines": [ 42.576158, 42.692991, 42.021136, 41.111129 ] }, { "date": "2023-09-01", "close": 43.564329, "volume": 102286, "typical_volume": 129403.1, "trend": 40.04573, "fair_value": 37.039962, "relative_strength": -5.078984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.061533, "energy": 45.175097, "activity_lines": [ 42.83, 42.871619, 42.246553, 41.35125 ] }, { "date": "2023-09-08", "close": 43.119944, "volume": 317681, "typical_volume": 140027.8, "trend": 40.24592, "fair_value": 37.12321, "relative_strength": -4.713436, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.817772, "energy": 44.043496, "activity_lines": [ 42.94996, 42.934286, 42.407594, 41.549587 ] }, { "date": "2023-09-15", "close": 43.068948, "volume": 376111, "typical_volume": 154059.55, "trend": 40.450735, "fair_value": 37.206795, "relative_strength": -4.291617, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.442036, "energy": 47.857055, "activity_lines": [ 43.041751, 42.972036, 42.543273, 41.731717 ] }, { "date": "2023-09-22", "close": 41.961628, "volume": 93369, "typical_volume": 146678.65, "trend": 40.64285, "fair_value": 37.284319, "relative_strength": -3.458894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.042083, "energy": 35.079565, "activity_lines": [ 42.740476, 42.784259, 42.554796, 41.829194 ] }, { "date": "2023-09-29", "close": 41.611948, "volume": 95227, "typical_volume": 147686.3, "trend": 40.795537, "fair_value": 37.357904, "relative_strength": -4.277046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.958455, "energy": 15.539903, "activity_lines": [ 42.327821, 42.548976, 42.518079, 41.891717 ] }, { "date": "2023-10-06", "close": 41.906846, "volume": 213074, "typical_volume": 152703.95, "trend": 41.003182, "fair_value": 37.42688, "relative_strength": -5.187387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.793323, "energy": 16.783232, "activity_lines": [ 42.074983, 42.398569, 42.495708, 41.963414 ] }, { "date": "2023-10-13", "close": 42.101762, "volume": 282914, "typical_volume": 157808.2, "trend": 41.186468, "fair_value": 37.49704, "relative_strength": -4.743881, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.929143, "energy": 19.097309, "activity_lines": [ 41.997616, 42.317624, 42.480535, 42.03429 ] }, { "date": "2023-10-20", "close": 41.127184, "volume": 4023397, "typical_volume": 354138.25, "trend": 41.31284, "fair_value": 37.562958, "relative_strength": -4.026797, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -8.239583, "energy": 21.214884, "activity_lines": [ 41.663269, 42.074948, 42.363709, 42.030465 ] }, { "date": "2023-10-27", "close": 39.840741, "volume": 2774593, "typical_volume": 485197.55, "trend": 41.361447, "fair_value": 37.631125, "relative_strength": -4.375727, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -43.790811, "energy": 52.189786, "activity_lines": [ 41.029558, 41.627144, 42.12335, 41.935491 ] }, { "date": "2023-11-03", "close": 42.033542, "volume": 228334, "typical_volume": 489033.7, "trend": 41.476198, "fair_value": 37.700966, "relative_strength": -5.037004, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.071935, "energy": 31.667316, "activity_lines": [ 41.268173, 41.618005, 42.097493, 41.978852 ] }, { "date": "2023-11-10", "close": 42.735238, "volume": 2242644, "typical_volume": 595543.8, "trend": 41.602933, "fair_value": 37.772091, "relative_strength": -5.993561, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 18.085208, "energy": 16.925119, "activity_lines": [ 41.712581, 41.74556, 42.138203, 42.060081 ] }, { "date": "2023-11-17", "close": 43.503595, "volume": 223708, "typical_volume": 598482.65, "trend": 41.759265, "fair_value": 37.850014, "relative_strength": -5.996373, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.820516, "energy": 24.077867, "activity_lines": [ 42.357881, 42.02789, 42.246829, 42.182704 ] }, { "date": "2023-11-24", "close": 44.059104, "volume": 416153, "typical_volume": 615302.35, "trend": 41.923144, "fair_value": 37.927244, "relative_strength": -5.424078, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 70.028808, "energy": 48.997471, "activity_lines": [ 43.094896, 42.404247, 42.402435, 42.331081 ] }, { "date": "2023-12-01", "close": 44.167867, "volume": 188750, "typical_volume": 616916.85, "trend": 42.101243, "fair_value": 38.001421, "relative_strength": -5.091554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.013009, "energy": 70.821646, "activity_lines": [ 43.672704, 42.782375, 42.557349, 42.475902 ] }, { "date": "2023-12-08", "close": 44.309181, "volume": 673826, "typical_volume": 641340.35, "trend": 42.287332, "fair_value": 38.07727, "relative_strength": -5.105565, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.346271, "energy": 78.070706, "activity_lines": [ 44.009141, 43.146084, 42.719423, 42.618349 ] }, { "date": "2023-12-15", "close": 45.191174, "volume": 550969, "typical_volume": 662183.3, "trend": 42.476363, "fair_value": 38.157649, "relative_strength": -6.102881, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.446865, "energy": 84.192592, "activity_lines": [ 44.487867, 43.621115, 42.960841, 42.805694 ] }, { "date": "2023-12-22", "close": 45.688208, "volume": 203939, "typical_volume": 667144.75, "trend": 42.657764, "fair_value": 38.24056, "relative_strength": -5.674393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.21214, "energy": 87.98971, "activity_lines": [ 44.968541, 44.1268, 43.242865, 43.01291 ] }, { "date": "2023-12-29", "close": 45.747512, "volume": 114131, "typical_volume": 668303.4, "trend": 42.81888, "fair_value": 38.320694, "relative_strength": -5.561664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.379652, "energy": 88.243538, "activity_lines": [ 45.323343, 44.57806, 43.51751, 43.212248 ] }, { "date": "2024-01-05", "close": 45.189854, "volume": 147018, "typical_volume": 671951.3, "trend": 42.957536, "fair_value": 38.394462, "relative_strength": -3.432617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.084288, "energy": 82.7022, "activity_lines": [ 45.379698, 44.843921, 43.724578, 43.365214 ] }, { "date": "2024-01-12", "close": 46.217119, "volume": 218248, "typical_volume": 674318.6, "trend": 43.098815, "fair_value": 38.478416, "relative_strength": -4.062497, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.733756, "energy": 86.115715, "activity_lines": [ 45.710342, 45.199302, 44.014478, 43.57551 ] }, { "date": "2024-01-19", "close": 46.996764, "volume": 142081, "typical_volume": 676308.35, "trend": 43.277697, "fair_value": 38.563929, "relative_strength": -4.881215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.95726, "energy": 88.434727, "activity_lines": [ 46.173673, 45.62037, 44.361095, 43.826991 ] }, { "date": "2024-01-26", "close": 47.361785, "volume": 150133, "typical_volume": 667930.95, "trend": 43.447775, "fair_value": 38.657458, "relative_strength": -4.53623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.103594, "energy": 91.688077, "activity_lines": [ 46.638304, 46.030324, 44.726131, 44.09048 ] }, { "date": "2024-02-02", "close": 48.281431, "volume": 281004, "typical_volume": 663175.6, "trend": 43.665882, "fair_value": 38.748696, "relative_strength": -3.693344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.820194, "energy": 96.16426, "activity_lines": [ 47.297912, 46.537338, 45.158553, 44.402329 ] }, { "date": "2024-02-09", "close": 48.888007, "volume": 210423, "typical_volume": 669028.3, "trend": 43.867298, "fair_value": 38.842031, "relative_strength": -4.074746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.469958, "energy": 95.962285, "activity_lines": [ 47.990784, 47.077868, 45.623923, 44.73924 ] }, { "date": "2024-02-16", "close": 48.662987, "volume": 141826, "typical_volume": 671358.25, "trend": 44.045024, "fair_value": 38.937048, "relative_strength": -2.912202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.291628, "energy": 92.025433, "activity_lines": [ 48.362106, 47.491665, 46.034879, 45.048639 ] }, { "date": "2024-02-23", "close": 49.607777, "volume": 2307986, "typical_volume": 776103.85, "trend": 44.239349, "fair_value": 39.044317, "relative_strength": -2.251782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.657374, "energy": 94.158218, "activity_lines": [ 48.8853, 47.998082, 46.502239, 45.407527 ] }, { "date": "2024-03-01", "close": 50.074448, "volume": 163013, "typical_volume": 770108.8, "trend": 44.476751, "fair_value": 39.152964, "relative_strength": -3.094144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.477693, "energy": 84.795115, "activity_lines": [ 49.389984, 48.509047, 46.977373, 45.783985 ] }, { "date": "2024-03-08", "close": 49.582633, "volume": 2467630, "typical_volume": 692320.45, "trend": 44.705853, "fair_value": 39.25344, "relative_strength": -2.418546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.338647, "energy": 68.718992, "activity_lines": [ 49.549885, 48.85084, 47.367703, 46.113396 ] }, { "date": "2024-03-15", "close": 49.34783, "volume": 307957, "typical_volume": 568988.65, "trend": 44.94947, "fair_value": 39.353511, "relative_strength": -1.625243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.96259, "energy": 67.465018, "activity_lines": [ 49.544771, 49.080213, 47.695406, 46.412879 ] }, { "date": "2024-03-22", "close": 50.342907, "volume": 328488, "typical_volume": 573996.35, "trend": 45.209743, "fair_value": 39.456133, "relative_strength": -2.439107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.934619, "energy": 70.573308, "activity_lines": [ 49.840695, 49.414909, 48.072606, 46.760842 ] }, { "date": "2024-03-29", "close": 50.247909, "volume": 181777, "typical_volume": 470953.0, "trend": 45.432529, "fair_value": 39.555934, "relative_strength": -1.985605, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.93542, "energy": 67.26014, "activity_lines": [ 49.992958, 49.657318, 48.401191, 47.085885 ] }, { "date": "2024-04-05", "close": 49.67392, "volume": 212630, "typical_volume": 470399.1, "trend": 45.650995, "fair_value": 39.645877, "relative_strength": -2.173832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.479999, "energy": 62.311764, "activity_lines": [ 49.911217, 49.736255, 48.639335, 47.359524 ] }, { "date": "2024-04-12", "close": 49.085134, "volume": 139742, "typical_volume": 456578.55, "trend": 45.851534, "fair_value": 39.728867, "relative_strength": -2.669048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.636938, "energy": 53.376681, "activity_lines": [ 49.659915, 49.6661, 48.792022, 47.581081 ] }, { "date": "2024-04-19", "close": 47.701487, "volume": 215906, "typical_volume": 457936.35, "trend": 46.042863, "fair_value": 39.803672, "relative_strength": 0.115374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.140836, "energy": 33.218998, "activity_lines": [ 48.980564, 49.32976, 48.788999, 47.700433 ] }, { "date": "2024-04-26", "close": 48.996816, "volume": 213518, "typical_volume": 434920.95, "trend": 46.289025, "fair_value": 39.887318, "relative_strength": -0.926453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.615435, "energy": 25.289808, "activity_lines": [ 48.842745, 49.250508, 48.892515, 47.89101 ] }, { "date": "2024-05-03", "close": 49.271583, "volume": 370642, "typical_volume": 425904.6, "trend": 46.534517, "fair_value": 39.968983, "relative_strength": -1.265071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.783826, "energy": 24.872341, "activity_lines": [ 48.886255, 49.215144, 48.999877, 48.083433 ] }, { "date": "2024-05-10", "close": 50.203827, "volume": 153458, "typical_volume": 423380.55, "trend": 46.804585, "fair_value": 40.058904, "relative_strength": -0.788295, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.639398, "energy": 30.661558, "activity_lines": [ 49.305602, 49.355391, 49.176593, 48.320163 ] }, { "date": "2024-05-17", "close": 51.06738, "volume": 507018, "typical_volume": 443024.9, "trend": 47.135925, "fair_value": 40.15604, "relative_strength": -1.162569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.531737, "energy": 54.012199, "activity_lines": [ 49.977472, 49.650296, 49.41405, 48.595182 ] }, { "date": "2024-05-24", "close": 51.077193, "volume": 203291, "typical_volume": 445838.55, "trend": 47.510474, "fair_value": 40.25144, "relative_strength": -2.401801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.199783, "energy": 75.54225, "activity_lines": [ 50.520463, 49.919989, 49.627108, 48.849457 ] }, { "date": "2024-05-31", "close": 50.615978, "volume": 113895, "typical_volume": 440620.9, "trend": 47.796555, "fair_value": 40.343223, "relative_strength": -1.666084, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.929094, "energy": 72.24159, "activity_lines": [ 50.684669, 50.074382, 49.768206, 49.049813 ] }, { "date": "2024-06-07", "close": 51.66598, "volume": 442553, "typical_volume": 455644.5, "trend": 48.094246, "fair_value": 40.440297, "relative_strength": -2.201195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.604575, "energy": 80.067197, "activity_lines": [ 51.090932, 50.41472, 49.988358, 49.299453 ] }, { "date": "2024-06-14", "close": 52.863178, "volume": 163352, "typical_volume": 456305.45, "trend": 48.406232, "fair_value": 40.548585, "relative_strength": -3.250203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.80429, "energy": 85.783114, "activity_lines": [ 51.736634, 50.946947, 50.300294, 49.607126 ] }, { "date": "2024-06-21", "close": 53.039814, "volume": 145320, "typical_volume": 449521.25, "trend": 48.705589, "fair_value": 40.651429, "relative_strength": -3.045661, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.274948, "energy": 86.58491, "activity_lines": [ 52.263925, 51.453303, 50.602855, 49.906067 ] }, { "date": "2024-06-28", "close": 53.236076, "volume": 303809, "typical_volume": 454190.55, "trend": 49.007863, "fair_value": 40.751097, "relative_strength": -2.559206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.696077, "energy": 88.038206, "activity_lines": [ 52.725141, 51.92344, 50.901449, 50.198356 ] }, { "date": "2024-07-05", "close": 54.455753, "volume": 250962, "typical_volume": 459647.35, "trend": 49.346082, "fair_value": 40.857155, "relative_strength": -3.670768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.999534, "energy": 93.091459, "activity_lines": [ 53.44899, 52.514707, 51.295497, 50.549833 ] }, { "date": "2024-07-12", "close": 54.347491, "volume": 379323, "typical_volume": 363214.2, "trend": 49.651293, "fair_value": 40.96305, "relative_strength": -3.537212, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.660025, "energy": 89.679513, "activity_lines": [ 53.880767, 52.987037, 51.651651, 50.872504 ] }, { "date": "2024-07-19", "close": 53.520763, "volume": 171219, "typical_volume": 363624.5, "trend": 49.912378, "fair_value": 41.05938, "relative_strength": -1.031694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.428591, "energy": 77.583712, "activity_lines": [ 53.8582, 53.216764, 51.906498, 51.122148 ] }, { "date": "2024-07-26", "close": 52.66451, "volume": 1570821, "typical_volume": 318784.05, "trend": 50.142944, "fair_value": 41.150889, "relative_strength": -0.013892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.381157, "energy": 59.353527, "activity_lines": [ 53.506377, 53.2305, 52.063386, 51.299705 ] }, { "date": "2024-08-02", "close": 51.886992, "volume": 139499, "typical_volume": 310361.15, "trend": 50.366182, "fair_value": 41.23512, "relative_strength": 1.642224, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.745683, "energy": 38.444077, "activity_lines": [ 52.920402, 53.07383, 52.13155, 51.412224 ] }, { "date": "2024-08-09", "close": 52.014938, "volume": 224189, "typical_volume": 305146.2, "trend": 50.559443, "fair_value": 41.3177, "relative_strength": 1.550589, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.179523, "energy": 24.043428, "activity_lines": [ 52.467014, 52.9257, 52.199807, 51.518595 ] }, { "date": "2024-08-16", "close": 54.140809, "volume": 130623, "typical_volume": 302588.5, "trend": 50.797578, "fair_value": 41.414029, "relative_strength": 0.294307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.578829, "energy": 28.247086, "activity_lines": [ 52.88497, 53.138657, 52.462566, 51.749651 ] }, { "date": "2024-08-23", "close": 54.840181, "volume": 634907, "typical_volume": 323702.35, "trend": 51.046858, "fair_value": 41.513334, "relative_strength": 0.595927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.3644, "energy": 42.44602, "activity_lines": [ 53.54983, 53.433775, 52.773395, 52.010464 ] }, { "date": "2024-08-30", "close": 55.164376, "volume": 152964, "typical_volume": 324363.45, "trend": 51.276289, "fair_value": 41.61319, "relative_strength": 1.989063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.806653, "energy": 55.065359, "activity_lines": [ 54.234793, 53.751892, 53.090498, 52.27611 ] }, { "date": "2024-09-06", "close": 52.930243, "volume": 118940, "typical_volume": 319515.15, "trend": 51.41103, "fair_value": 41.702632, "relative_strength": 3.848481, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.157512, "energy": 49.067686, "activity_lines": [ 54.008388, 53.625174, 53.165878, 52.382817 ] }, { "date": "2024-09-13", "close": 55.006904, "volume": 198364, "typical_volume": 318757.45, "trend": 51.622494, "fair_value": 41.8066, "relative_strength": 1.893346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.55608, "energy": 58.226492, "activity_lines": [ 54.404653, 53.881592, 53.414136, 52.614809 ] }, { "date": "2024-09-20", "close": 55.705686, "volume": 223481, "typical_volume": 311399.4, "trend": 51.825758, "fair_value": 41.914044, "relative_strength": 1.710688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.510556, "energy": 59.957224, "activity_lines": [ 54.834381, 54.25504, 53.700325, 52.878241 ] }, { "date": "2024-09-27", "close": 55.794264, "volume": 168652, "typical_volume": 312159.1, "trend": 52.016419, "fair_value": 42.025771, "relative_strength": 0.868606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.383541, "energy": 51.334416, "activity_lines": [ 55.189309, 54.619899, 53.964312, 53.134273 ] }, { "date": "2024-10-04", "close": 56.344223, "volume": 225305, "typical_volume": 298073.45, "trend": 52.241805, "fair_value": 42.138361, "relative_strength": 1.744986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.495593, "energy": 72.583979, "activity_lines": [ 55.663952, 55.043414, 54.254054, 53.413486 ] }, { "date": "2024-10-11", "close": 56.679782, "volume": 363536, "typical_volume": 306085.7, "trend": 52.486203, "fair_value": 42.251282, "relative_strength": 1.117788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.578086, "energy": 74.858965, "activity_lines": [ 56.171791, 55.461036, 54.550627, 53.699808 ] }, { "date": "2024-10-18", "close": 56.985732, "volume": 967343, "typical_volume": 348758.1, "trend": 52.707631, "fair_value": 42.361688, "relative_strength": 1.461666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.853517, "energy": 77.020622, "activity_lines": [ 56.531645, 55.847144, 54.849659, 53.9901 ] }, { "date": "2024-10-25", "close": 56.729129, "volume": 262907, "typical_volume": 339775.8, "trend": 52.923671, "fair_value": 42.466101, "relative_strength": 0.859404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.544194, "energy": 73.291699, "activity_lines": [ 56.674042, 56.096218, 55.09392, 54.249551 ] }, { "date": "2024-11-01", "close": 56.008665, "volume": 397380, "typical_volume": 351477.2, "trend": 53.13483, "fair_value": 42.563052, "relative_strength": 1.19358, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.681865, "energy": 54.921732, "activity_lines": [ 56.508055, 56.167238, 55.245456, 54.448583 ] }, { "date": "2024-11-08", "close": 58.821435, "volume": 263953, "typical_volume": 357408.85, "trend": 53.459373, "fair_value": 42.678658, "relative_strength": 0.742596, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.072123, "energy": 69.82073, "activity_lines": [ 57.265365, 56.728427, 55.649896, 54.815461 ] }, { "date": "2024-11-15", "close": 57.627241, "volume": 291964, "typical_volume": 356816.6, "trend": 53.790231, "fair_value": 42.78705, "relative_strength": 2.144749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.663468, "energy": 60.118598, "activity_lines": [ 57.459462, 57.005997, 55.913071, 55.084356 ] }, { "date": "2024-11-22", "close": 58.653656, "volume": 499106, "typical_volume": 369223.8, "trend": 54.112126, "fair_value": 42.904827, "relative_strength": 2.033077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.461501, "energy": 68.760918, "activity_lines": [ 57.932534, 57.384787, 56.25309, 55.398125 ] }, { "date": "2024-11-29", "close": 59.532029, "volume": 217188, "typical_volume": 361117.05, "trend": 54.454141, "fair_value": 43.031683, "relative_strength": 2.710874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.127424, "energy": 86.461537, "activity_lines": [ 58.587202, 57.856978, 56.656774, 55.747796 ] }, { "date": "2024-12-06", "close": 60.351187, "volume": 281599, "typical_volume": 366636.05, "trend": 54.792386, "fair_value": 43.154389, "relative_strength": 0.798544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.698543, "energy": 91.3575, "activity_lines": [ 59.328062, 58.408536, 57.113784, 56.128251 ] }, { "date": "2024-12-13", "close": 60.538705, "volume": 2194497, "typical_volume": 397819.85, "trend": 55.108097, "fair_value": 43.280621, "relative_strength": 0.308363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.841995, "energy": 92.59756, "activity_lines": [ 59.841928, 58.911336, 57.556128, 56.498981 ] }, { "date": "2024-12-20", "close": 59.541899, "volume": 360465, "typical_volume": 408868.15, "trend": 55.390254, "fair_value": 43.394838, "relative_strength": 0.873989, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.494064, "energy": 84.334027, "activity_lines": [ 59.909039, 59.156635, 57.866041, 56.785033 ] }, { "date": "2024-12-27", "close": 60.213143, "volume": 199372, "typical_volume": 407627.3, "trend": 55.710159, "fair_value": 43.511681, "relative_strength": 1.039819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.249343, "energy": 70.985131, "activity_lines": [ 60.072255, 59.471939, 58.203431, 57.096187 ] }, { "date": "2025-01-03", "close": 59.688776, "volume": 287213, "typical_volume": 415456.8, "trend": 55.977586, "fair_value": 43.628869, "relative_strength": 0.919683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.450016, "energy": 57.272587, "activity_lines": [ 59.956716, 59.633224, 58.451841, 57.352872 ] }, { "date": "2025-01-10", "close": 58.689511, "volume": 291457, "typical_volume": 398284.3, "trend": 56.171797, "fair_value": 43.741169, "relative_strength": 1.420952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.551746, "energy": 40.650312, "activity_lines": [ 59.497639, 59.559013, 58.578665, 57.527835 ] }, { "date": "2025-01-17", "close": 59.936119, "volume": 394753, "typical_volume": 410373.75, "trend": 56.401674, "fair_value": 43.874341, "relative_strength": 0.642105, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.157244, "energy": 38.382257, "activity_lines": [ 59.564877, 59.662715, 58.805883, 57.770694 ] }, { "date": "2025-01-24", "close": 61.093684, "volume": 336013, "typical_volume": 421227.4, "trend": 56.663594, "fair_value": 44.012199, "relative_strength": 1.00762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.121305, "energy": 46.589734, "activity_lines": [ 60.058142, 59.956616, 59.120623, 58.073404 ] }, { "date": "2025-01-31", "close": 61.232196, "volume": 671656, "typical_volume": 444892.0, "trend": 56.889476, "fair_value": 44.147421, "relative_strength": 2.589746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.504938, "energy": 48.717376, "activity_lines": [ 60.494125, 60.212675, 59.409681, 58.368153 ] }, { "date": "2025-02-07", "close": 61.392078, "volume": 260506, "typical_volume": 446743.25, "trend": 57.124295, "fair_value": 44.289804, "relative_strength": 2.649396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.276851, "energy": 58.410913, "activity_lines": [ 60.915465, 60.450921, 59.684321, 58.658643 ] }, { "date": "2025-02-14", "close": 62.330398, "volume": 389507, "typical_volume": 457786.0, "trend": 57.41795, "fair_value": 44.440997, "relative_strength": 1.232532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.936815, "energy": 77.257097, "activity_lines": [ 61.536025, 60.825952, 60.021247, 58.994521 ] }, { "date": "2025-02-21", "close": 60.598998, "volume": 1910715, "typical_volume": 542056.5, "trend": 57.682433, "fair_value": 44.579207, "relative_strength": 0.662697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.516157, "energy": 56.368288, "activity_lines": [ 61.336726, 60.850197, 60.162154, 59.19975 ] }, { "date": "2025-02-28", "close": 60.213143, "volume": 551562, "typical_volume": 551457.8, "trend": 57.959971, "fair_value": 44.716585, "relative_strength": 3.452148, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.916645, "energy": 40.810305, "activity_lines": [ 60.964617, 60.80319, 60.246051, 59.363022 ] }, { "date": "2025-03-07", "close": 57.512159, "volume": 635038, "typical_volume": 534842.55, "trend": 58.143212, "fair_value": 44.843331, "relative_strength": 2.045545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.261472, "energy": 9.905989, "activity_lines": [ 59.750882, 60.252891, 60.055887, 59.33413 ] }, { "date": "2025-03-14", "close": 56.255657, "volume": 566432, "typical_volume": 550018.8, "trend": 58.213707, "fair_value": 44.948293, "relative_strength": 2.290841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -14.680712, "energy": 26.188801, "activity_lines": [ 58.366316, 59.523245, 59.743549, 59.212353 ] }, { "date": "2025-03-21", "close": 56.750343, "volume": 699859, "typical_volume": 565142.75, "trend": 58.277379, "fair_value": 45.053206, "relative_strength": 2.855628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.732093, "energy": 38.919238, "activity_lines": [ 57.489074, 58.945963, 59.480578, 59.117942 ] }, { "date": "2025-03-28", "close": 55.978633, "volume": 558105, "typical_volume": 579850.35, "trend": 58.304521, "fair_value": 45.151548, "relative_strength": 3.784234, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.397415, "energy": 54.521081, "activity_lines": [ 56.726598, 58.263628, 59.14058, 58.969636 ] }, { "date": "2025-04-04", "close": 51.095792, "volume": 695084, "typical_volume": 600006.35, "trend": 58.243372, "fair_value": 45.217553, "relative_strength": 4.971416, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -64.695803, "energy": 79.771582, "activity_lines": [ 54.644533, 56.765458, 58.349086, 58.504557 ] }, { "date": "2025-04-11", "close": 54.363344, "volume": 1275561, "typical_volume": 638829.1, "trend": 58.22192, "fair_value": 45.310909, "relative_strength": 3.764968, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.085468, "energy": 66.15354, "activity_lines": [ 54.259475, 56.043167, 57.899889, 58.254232 ] }, { "date": "2025-04-18", "close": 53.23284, "volume": 670230, "typical_volume": 661481.2, "trend": 58.139492, "fair_value": 45.404458, "relative_strength": 3.892191, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.699612, "energy": 75.477234, "activity_lines": [ 53.707504, 55.240219, 57.363456, 57.932356 ] }, { "date": "2025-04-25", "close": 55.979766, "volume": 379070, "typical_volume": 666354.75, "trend": 58.145675, "fair_value": 45.522813, "relative_strength": 2.603538, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.786746, "energy": 50.292121, "activity_lines": [ 54.272696, 55.085062, 57.118631, 57.793019 ] }, { "date": "2025-05-02", "close": 57.675521, "volume": 444629, "typical_volume": 578861.35, "trend": 58.190052, "fair_value": 45.651855, "relative_strength": 2.122477, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.975672, "energy": 29.084484, "activity_lines": [ 55.454511, 55.35369, 57.056123, 57.762686 ] }, { "date": "2025-05-09", "close": 57.08052, "volume": 666184, "typical_volume": 594147.3, "trend": 58.20341, "fair_value": 45.780377, "relative_strength": 1.201295, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.179553, "energy": 19.628685, "activity_lines": [ 56.324867, 55.56729, 56.950582, 57.691104 ] }, { "date": "2025-05-16", "close": 59.758028, "volume": 654813, "typical_volume": 616919.35, "trend": 58.29582, "fair_value": 45.932771, "relative_strength": -0.879645, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.998366, "energy": 18.629598, "activity_lines": [ 57.688744, 56.324667, 57.111762, 57.791402 ] }, { "date": "2025-05-23", "close": 58.25069, "volume": 583563, "typical_volume": 631736.85, "trend": 58.346539, "fair_value": 46.062329, "relative_strength": -1.087616, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.980162, "energy": 23.471932, "activity_lines": [ 58.190529, 56.767148, 57.131554, 57.78849 ] }, { "date": "2025-05-30", "close": 59.510111, "volume": 310585, "typical_volume": 632693.25, "trend": 58.463253, "fair_value": 46.203863, "relative_strength": -0.897624, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.182982, "energy": 24.130291, "activity_lines": [ 58.777597, 57.402341, 57.278139, 57.863559 ] }, { "date": "2025-06-06", "close": 60.283613, "volume": 378438, "typical_volume": 631877.5, "trend": 58.511993, "fair_value": 46.362249, "relative_strength": -1.681635, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.390605, "energy": 30.357772, "activity_lines": [ 59.387144, 58.127993, 57.494483, 57.981002 ] }, { "date": "2025-06-13", "close": 60.214196, "volume": 339775, "typical_volume": 632065.6, "trend": 58.598225, "fair_value": 46.531229, "relative_strength": -1.29701, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.227158, "energy": 41.034375, "activity_lines": [ 59.799678, 58.762752, 57.702561, 58.090821 ] }, { "date": "2025-06-20", "close": 59.767945, "volume": 242326, "typical_volume": 610599.1, "trend": 58.635367, "fair_value": 46.683272, "relative_strength": -2.042061, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.693903, "energy": 38.187718, "activity_lines": [ 59.854551, 59.150585, 57.872327, 58.166287 ] }, { "date": "2025-06-27", "close": 61.642201, "volume": 942683, "typical_volume": 644707.95, "trend": 58.705707, "fair_value": 46.853186, "relative_strength": -3.00872, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.261281, "energy": 46.575893, "activity_lines": [ 60.533514, 59.780927, 58.227566, 58.360277 ] }, { "date": "2025-07-04", "close": 62.60203, "volume": 220134, "typical_volume": 636239.3, "trend": 58.780735, "fair_value": 47.024044, "relative_strength": -2.973336, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.457309, "energy": 59.898528, "activity_lines": [ 61.30632, 60.432885, 58.673027, 58.611652 ] }, { "date": "2025-07-11", "close": 62.055504, "volume": 261013, "typical_volume": 553754.2, "trend": 58.831295, "fair_value": 47.192134, "relative_strength": -3.494269, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.62928, "energy": 66.49695, "activity_lines": [ 61.690822, 60.86507, 59.065144, 58.822928 ] }, { "date": "2025-07-18", "close": 62.298162, "volume": 359027, "typical_volume": 544127.45, "trend": 58.92317, "fair_value": 47.356508, "relative_strength": -4.29989, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 69.701027, "energy": 80.389698, "activity_lines": [ 62.038084, 61.261739, 59.473435, 59.046597 ] }, { "date": "2025-07-25", "close": 62.937497, "volume": 287015, "typical_volume": 526726.3, "trend": 59.013982, "fair_value": 47.517565, "relative_strength": -4.138192, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.945604, "energy": 87.855832, "activity_lines": [ 62.459527, 61.679784, 59.932687, 59.305585 ] }, { "date": "2025-08-01", "close": 61.69271, "volume": 420914, "typical_volume": 519450.4, "trend": 59.08078, "fair_value": 47.669908, "relative_strength": -3.837253, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.704059, "energy": 79.918824, "activity_lines": [ 62.254737, 61.813696, 60.247553, 59.478407 ] }, { "date": "2025-08-08", "close": 63.476073, "volume": 398815, "typical_volume": 504398.2, "trend": 59.240332, "fair_value": 47.827247, "relative_strength": -4.527481, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.989267, "energy": 80.932444, "activity_lines": [ 62.641035, 62.209274, 60.706372, 59.761974 ] }, { "date": "2025-08-15", "close": 64.570218, "volume": 453049, "typical_volume": 499145.4, "trend": 59.394802, "fair_value": 47.994357, "relative_strength": -3.306647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.227296, "energy": 90.120375, "activity_lines": [ 63.333778, 62.731678, 61.237368, 60.105837 ] }, { "date": "2025-08-22", "close": 64.536234, "volume": 525008, "typical_volume": 490641.6, "trend": 59.509553, "fair_value": 48.172772, "relative_strength": -2.416837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.709326, "energy": 86.013655, "activity_lines": [ 63.847545, 63.169965, 61.724215, 60.437543 ] }, { "date": "2025-08-29", "close": 64.457435, "volume": 565826, "typical_volume": 455154.85, "trend": 59.617061, "fair_value": 48.359139, "relative_strength": -2.211314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.295275, "energy": 88.115185, "activity_lines": [ 64.185841, 63.515343, 62.139556, 60.756761 ] }, { "date": "2025-09-05", "close": 65.045695, "volume": 276460, "typical_volume": 435466.35, "trend": 59.738849, "fair_value": 48.540758, "relative_strength": -2.19551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.776809, "energy": 88.425676, "activity_lines": [ 64.618895, 63.882414, 62.562854, 61.106995 ] }, { "date": "2025-09-12", "close": 66.902889, "volume": 435723, "typical_volume": 438299.0, "trend": 59.891265, "fair_value": 48.745994, "relative_strength": -1.182312, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.289586, "energy": 89.429429, "activity_lines": [ 65.447481, 64.525274, 63.106776, 61.569192 ] }, { "date": "2025-09-19", "close": 68.007665, "volume": 260124, "typical_volume": 429073.75, "trend": 60.13822, "fair_value": 48.967928, "relative_strength": -1.634031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.925024, "energy": 92.547062, "activity_lines": [ 66.415871, 65.290806, 63.7039, 62.09283 ] }, { "date": "2025-09-26", "close": 67.312087, "volume": 318560, "typical_volume": 411692.55, "trend": 60.374852, "fair_value": 49.192512, "relative_strength": -2.163308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.92901, "energy": 88.044938, "activity_lines": [ 66.923239, 65.821648, 64.185578, 62.55566 ] }, { "date": "2025-10-03", "close": 67.661999, "volume": 289413, "typical_volume": 393422.55, "trend": 60.71318, "fair_value": 49.416721, "relative_strength": -2.764486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.317593, "energy": 87.943243, "activity_lines": [ 67.362187, 66.324947, 64.651859, 63.025799 ] }, { "date": "2025-10-10", "close": 66.601472, "volume": 289206, "typical_volume": 378704.7, "trend": 61.05804, "fair_value": 49.635425, "relative_strength": -2.026332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.693118, "energy": 67.005052, "activity_lines": [ 67.233989, 66.549524, 64.979499, 63.405689 ] }, { "date": "2025-10-17", "close": 67.598573, "volume": 3465338, "typical_volume": 536442.35, "trend": 61.419648, "fair_value": 49.851627, "relative_strength": -2.87189, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.888587, "energy": 65.916188, "activity_lines": [ 67.334439, 66.866142, 65.362336, 63.827659 ] }, { "date": "2025-10-24", "close": 68.270974, "volume": 3237477, "typical_volume": 679394.3, "trend": 61.829393, "fair_value": 50.064815, "relative_strength": -3.926979, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.119073, "energy": 66.42209, "activity_lines": [ 67.612644, 67.230059, 65.770694, 64.26968 ] }, { "date": "2025-10-31", "close": 69.04673, "volume": 649580, "typical_volume": 694884.55, "trend": 62.427757, "fair_value": 50.29013, "relative_strength": -4.592419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.030022, "energy": 68.204397, "activity_lines": [ 68.131881, 67.667737, 66.214899, 64.735314 ] }, { "date": "2025-11-07", "close": 67.568702, "volume": 262900, "typical_volume": 695913.25, "trend": 62.867936, "fair_value": 50.493832, "relative_strength": -3.607162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.953673, "energy": 59.220136, "activity_lines": [ 68.042798, 67.754673, 66.47628, 65.066988 ] }, { "date": "2025-11-14", "close": 67.60853, "volume": 341073, "typical_volume": 665832.75, "trend": 63.347126, "fair_value": 50.698353, "relative_strength": -3.319925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.910142, "energy": 52.869233, "activity_lines": [ 67.973211, 67.792283, 66.704307, 65.372833 ] }, { "date": "2025-11-21", "close": 66.157087, "volume": 384914, "typical_volume": 674071.75, "trend": 63.68637, "fair_value": 50.889304, "relative_strength": -2.309895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.121262, "energy": 36.001046, "activity_lines": [ 67.352673, 67.519396, 66.765691, 65.554121 ] }, { "date": "2025-11-28", "close": 68.693851, "volume": 223918, "typical_volume": 672217.0, "trend": 64.053647, "fair_value": 51.093822, "relative_strength": -3.238754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.910276, "energy": 34.733001, "activity_lines": [ 67.673822, 67.7213, 67.051742, 65.877184 ] }, { "date": "2025-12-05", "close": 68.669954, "volume": 593804, "typical_volume": 683955.85, "trend": 64.439962, "fair_value": 51.304852, "relative_strength": -4.14815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.460481, "energy": 39.577373, "activity_lines": [ 67.958813, 67.906382, 67.303906, 66.17501 ] }, { "date": "2025-12-12", "close": 68.089556, "volume": 782937, "typical_volume": 708751.95, "trend": 64.717679, "fair_value": 51.516902, "relative_strength": -3.060225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.03793, "energy": 36.623302, "activity_lines": [ 68.075457, 67.961249, 67.470453, 66.410468 ] }, { "date": "2025-12-19", "close": 68.294373, "volume": 1109611, "typical_volume": 743186.8, "trend": 65.052469, "fair_value": 51.731866, "relative_strength": -3.232168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.796842, "energy": 41.960512, "activity_lines": [ 68.225649, 68.045582, 67.631972, 66.641222 ] }, { "date": "2025-12-26", "close": 69.211619, "volume": 221230, "typical_volume": 734307.55, "trend": 65.375852, "fair_value": 51.952639, "relative_strength": -3.052614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.943685, "energy": 47.838058, "activity_lines": [ 68.635868, 68.265907, 67.849412, 66.909555 ] }, { "date": "2026-01-02", "close": 67.916171, "volume": 267227, "typical_volume": 725016.45, "trend": 65.630271, "fair_value": 52.16282, "relative_strength": -3.116222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.05661, "energy": 35.844183, "activity_lines": [ 68.410634, 68.221367, 67.916163, 67.073446 ] }, { "date": "2026-01-09", "close": 68.634544, "volume": 842180, "typical_volume": 740875.05, "trend": 65.910949, "fair_value": 52.370745, "relative_strength": -4.096199, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.181019, "energy": 36.327873, "activity_lines": [ 68.476704, 68.313892, 68.035398, 67.26727 ] }, { "date": "2026-01-16", "close": 67.811209, "volume": 830683, "typical_volume": 754117.9, "trend": 66.179058, "fair_value": 52.575185, "relative_strength": -4.323045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.390895, "energy": 29.243539, "activity_lines": [ 68.27069, 68.264214, 68.056704, 67.389868 ] }, { "date": "2026-01-23", "close": 67.556985, "volume": 619654, "typical_volume": 771277.6, "trend": 66.376218, "fair_value": 52.773236, "relative_strength": -4.785753, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.596958, "energy": 15.951415, "activity_lines": [ 67.99849, 68.163904, 68.037827, 67.478766 ] }, { "date": "2026-01-30", "close": 67.575343, "volume": 655681, "typical_volume": 782275.5, "trend": 66.541995, "fair_value": 52.966244, "relative_strength": -4.48201, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.801339, "energy": 14.591027, "activity_lines": [ 67.781569, 68.067869, 68.008741, 67.556129 ] }, { "date": "2026-02-06", "close": 67.726601, "volume": 654087, "typical_volume": 801973.65, "trend": 66.731031, "fair_value": 53.162477, "relative_strength": -2.235296, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.977603, "energy": 12.03915, "activity_lines": [ 67.724153, 67.973549, 67.990858, 67.632555 ] }, { "date": "2026-02-13", "close": 66.298036, "volume": 550949, "typical_volume": 813593.1, "trend": 66.86436, "fair_value": 53.350769, "relative_strength": -2.965622, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.666669, "energy": 12.665301, "activity_lines": [ 67.203186, 67.637077, 67.83826, 67.60462 ] }, { "date": "2026-02-20", "close": 66.708906, "volume": 410292, "typical_volume": 819637.05, "trend": 66.990074, "fair_value": 53.54635, "relative_strength": -3.367813, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.526075, "energy": 25.180458, "activity_lines": [ 66.974943, 67.418434, 67.729621, 67.594591 ] }, { "date": "2026-02-27", "close": 66.868544, "volume": 315902, "typical_volume": 820971.85, "trend": 67.162602, "fair_value": 53.737614, "relative_strength": -2.746099, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.216762, "energy": 31.844831, "activity_lines": [ 66.8734, 67.253918, 67.640724, 67.58675 ] }, { "date": "2026-03-06", "close": 66.370672, "volume": 1177627, "typical_volume": 706586.3, "trend": 67.259088, "fair_value": 53.934366, "relative_strength": -2.142501, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.226958, "energy": 44.201513, "activity_lines": [ 66.651795, 67.024805, 67.503139, 67.535658 ] }, { "date": "2026-03-13", "close": 65.551826, "volume": 544505, "typical_volume": 571937.7, "trend": 67.291809, "fair_value": 54.119934, "relative_strength": -2.244163, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.705924, "energy": 48.124564, "activity_lines": [ 66.237553, 66.698464, 67.293416, 67.425512 ] }, { "date": "2026-03-20", "close": 63.942172, "volume": 1170711, "typical_volume": 597994.25, "trend": 67.272007, "fair_value": 54.290486, "relative_strength": -2.589115, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -81.925509, "energy": 71.720767, "activity_lines": [ 65.431745, 66.122447, 66.943341, 67.209406 ] }, { "date": "2026-03-27", "close": 62.596021, "volume": 626425, "typical_volume": 616170.5, "trend": 67.20996, "fair_value": 54.445701, "relative_strength": -1.314837, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.315616, "energy": 82.870958, "activity_lines": [ 64.334277, 65.386991, 66.489368, 66.90773 ] }, { "date": "2026-04-03", "close": 64.4647, "volume": 247257, "typical_volume": 611479.7, "trend": 67.190593, "fair_value": 54.611558, "relative_strength": -2.072221, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.527325, "energy": 74.217998, "activity_lines": [ 64.133895, 65.086116, 66.237044, 66.730616 ] }, { "date": "2026-04-10", "close": 67.15, "volume": 375922, "typical_volume": 611030.1, "trend": 67.19883, "fair_value": 54.792435, "relative_strength": -2.175683, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.719256, "energy": 43.417904, "activity_lines": [ 64.988869, 65.329701, 66.255434, 66.727997 ] }, { "date": "2026-04-17", "close": 69.6261, "volume": 486039, "typical_volume": 624136.15, "trend": 67.252778, "fair_value": 54.98995, "relative_strength": -4.259161, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.340793, "energy": 7.368397, "activity_lines": [ 66.617254, 66.03122, 66.504915, 66.884595 ] }, { "date": "2026-04-24", "close": 69.5897, "volume": 293654, "typical_volume": 609128.65, "trend": 67.328698, "fair_value": 55.185123, "relative_strength": -6.145602, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.003625, "energy": 29.263519, "activity_lines": [ 67.961888, 66.691584, 66.746489, 67.035365 ] }, { "date": "2026-05-01", "close": 70.417314, "volume": 1519337, "typical_volume": 645948.65, "trend": 67.420542, "fair_value": 55.387639, "relative_strength": -6.250699, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.220745, "energy": 43.198757, "activity_lines": [ 69.205891, 67.442575, 67.062504, 67.23463 ] }, { "date": "2026-05-08", "close": 72.024187, "volume": 341678, "typical_volume": 607552.0, "trend": 67.601299, "fair_value": 55.601085, "relative_strength": -8.856647, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.529598, "energy": 67.653327, "activity_lines": [ 70.464099, 68.418299, 67.520471, 67.531639 ] }, { "date": "2026-05-15", "close": 72.480028, "volume": 256576, "typical_volume": 609319.3, "trend": 67.764015, "fair_value": 55.812366, "relative_strength": -7.778375, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.181278, "energy": 86.050243, "activity_lines": [ 71.370289, 69.383164, 68.004089, 67.846396 ] }, { "date": "2026-05-22", "close": 72.777767, "volume": 482950, "typical_volume": 620105.45, "trend": 67.914241, "fair_value": 56.020902, "relative_strength": -8.297791, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.946264, "energy": 86.262967, "activity_lines": [ 72.020389, 70.291084, 68.5005, 68.169864 ] }, { "date": "2026-05-29", "close": 74.110356, "volume": 304213, "typical_volume": 593207.1, "trend": 68.083028, "fair_value": 56.233699, "relative_strength": -9.013377, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.887898, "energy": 89.97537, "activity_lines": [ 72.904575, 71.309913, 69.100674, 68.569613 ] }, { "date": "2026-06-05", "close": 72.39359, "volume": 308837, "typical_volume": 567114.8, "trend": 68.243858, "fair_value": 56.434746, "relative_strength": -6.742637, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.496779, "energy": 77.794662, "activity_lines": [ 72.915128, 71.831726, 69.511271, 68.847714 ] }, { "date": "2026-06-12", "close": 72.513365, "volume": 234223, "typical_volume": 547843.25, "trend": 68.407353, "fair_value": 56.630481, "relative_strength": -8.470129, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.072272, "energy": 58.443748, "activity_lines": [ 72.833854, 72.197179, 69.911454, 69.123166 ] }, { "date": "2026-06-19", "close": 73.826391, "volume": 189189, "typical_volume": 524518.65, "trend": 68.662996, "fair_value": 56.836866, "relative_strength": -9.012637, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.760527, "energy": 60.364742, "activity_lines": [ 73.157644, 72.655024, 70.413085, 69.472782 ] }, { "date": "2026-06-26", "close": 72.623158, "volume": 235565, "typical_volume": 503592.55, "trend": 68.793973, "fair_value": 57.031505, "relative_strength": -6.112834, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.23707, "energy": 50.512639, "activity_lines": [ 72.990599, 72.772711, 70.770356, 69.728276 ] }, { "date": "2026-07-03", "close": 74.0161, "volume": 1222062, "typical_volume": 537148.2, "trend": 68.972178, "fair_value": 57.238415, "relative_strength": -4.976637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.695225, "energy": 55.267766, "activity_lines": [ 73.298175, 73.089168, 71.236971, 70.065187 ] }, { "date": "2026-07-10", "close": 74.63, "volume": 553568, "typical_volume": 544312.0, "trend": 69.190193, "fair_value": 57.442161, "relative_strength": -5.735521, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.190729, "energy": 70.367905, "activity_lines": [ 73.816668, 73.436764, 71.7253, 70.430208 ] }, { "date": "2026-07-17", "close": 73.7681, "volume": 293024, "typical_volume": 543168.1, "trend": 69.37265, "fair_value": 57.63727, "relative_strength": -2.688838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.671748, "energy": 62.06545, "activity_lines": [ 73.898767, 73.551056, 72.093824, 70.725557 ] }, { "date": "2026-07-24", "close": 73.5814, "volume": 642600, "typical_volume": 516416.75, "trend": 69.51831, "fair_value": 57.828317, "relative_strength": -1.290919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.145821, "energy": 56.641738, "activity_lines": [ 73.834984, 73.599695, 72.411712, 70.997089 ] }, { "date": "2026-07-31", "close": 74.11, "volume": 317517, "typical_volume": 505067.35, "trend": 69.724771, "fair_value": 58.028045, "relative_strength": -1.053994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.27838, "energy": 52.013409, "activity_lines": [ 73.963733, 73.724418, 72.745606, 71.293327 ] }, { "date": "2026-08-07", "close": 76.3003, "volume": 351992, "typical_volume": 464131.4, "trend": 69.980296, "fair_value": 58.243371, "relative_strength": -2.974751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.163596, "energy": 60.739818, "activity_lines": [ 74.72346, 74.223155, 73.247347, 71.717555 ] } ], "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." } } }