{ "ticker": { "uuid": "0ec028ef-8383-42da-82f7-9a88c268cc2f", "symbol": "TDIV", "name": "VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.89, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 85.411, "architecture_energy": 87.613, "architecture_maturity": 10.685, "architecture_confidence": 71.532, "architecture_tenure": "New", "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": 12.49, "rotation_up": 86.48, "upward_expansion": 97.0, "deceleration": 39.0, "rotation_down": 8.2, "downward_expansion": 19.0 }, "activity_lines": [ 62.878334, 61.850637, 61.146272, 60.83636 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 63.895, "trend_reference": 60.360212, "distance_from_trend": 0.058562, "trend_direction": "Improving", "fair_value": 45.701659, "distance_from_fair_value": 0.398089, "fair_value_direction": "Improving", "relative_strength": 3.30089, "relative_strength_direction": "Weakening", "price_momentum": 0.059416, "excess_performance": 0.00818, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.058562, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038302, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.398089, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.015381, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.033009, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.017051, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.059416, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.583096, "read": "Demand-led" } ], "volume": { "latest": 178498, "relative_activity": 2.233868, "balance": 3.583096, "dry_up": 1.374135, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.019314, "annualized_volatility": 0.108408, "from_high_reference": -0.003043, "from_low_reference": 0.28319 }, "levels": { "trend_reference": 60.360212, "fair_value_reference": 45.701659, "structural_low": 57.91, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 41, "median_return": 0.013288, "positive_rate": 0.585366, "directional_follow_through": 0.585366, "median_excess_return": 0.004349, "regime_survival": 0.707317, "best_return": 0.092161, "worst_return": -0.075669, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 16, "median_return": 0.037217, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.00623, "regime_survival": 0.6875, "best_return": 0.163118, "worst_return": -0.089424, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.059416, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.036201, "regime_survival": 0.666667, "best_return": 0.20648, "worst_return": -0.057342, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.121467, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.075643, "regime_survival": 0.5, "best_return": 0.424217, "worst_return": 0.052956, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-16", "end": "2024-02-23", "tenure": "New", "return": 0.01133, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-01", "end": "2024-06-14", "tenure": "Established", "return": 0.028063, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": 0.045429, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-11-01", "tenure": "Established", "return": 0.034896, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.017429, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-01-17", "tenure": "New", "return": 0.027748, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-01-31", "tenure": "New", "return": 0.004156, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-04-11", "tenure": "Developing", "return": -0.00533, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.043937, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2026-03-27", "tenure": "Extended", "return": 0.291647, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.014817, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": 0.011384, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-17", "tenure": "Developing", "return": 0.041947, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.030731, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 32.895508, "volume": 258, "typical_volume": 9768.85, "trend": 33.172879, "fair_value": 28.928474, "relative_strength": 7.381695, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.430158, "energy": 20.500811, "activity_lines": [ 33.731904, 33.779825, 33.503524, 33.308773 ] }, { "date": "2023-08-25", "close": 32.747173, "volume": 977, "typical_volume": 9777.4, "trend": 33.139563, "fair_value": 28.997451, "relative_strength": 5.519959, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 11.516892, "energy": 15.580132, "activity_lines": [ 33.306516, 33.611258, 33.445401, 33.281308 ] }, { "date": "2023-09-01", "close": 33.616978, "volume": 6229, "typical_volume": 10048.55, "trend": 33.133355, "fair_value": 29.074159, "relative_strength": 6.222492, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.886937, "energy": 21.215019, "activity_lines": [ 33.287636, 33.617225, 33.470898, 33.312109 ] }, { "date": "2023-09-08", "close": 33.282707, "volume": 21841, "typical_volume": 8798.55, "trend": 33.124637, "fair_value": 29.148073, "relative_strength": 4.725149, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.118463, "energy": 20.398044, "activity_lines": [ 33.241841, 33.542799, 33.464009, 33.321744 ] }, { "date": "2023-09-15", "close": 34.160366, "volume": 1916, "typical_volume": 8826.55, "trend": 33.142852, "fair_value": 29.227217, "relative_strength": 3.994911, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.047685, "energy": 18.065194, "activity_lines": [ 33.544896, 33.628386, 33.541552, 33.388565 ] }, { "date": "2023-09-22", "close": 33.685154, "volume": 12531, "typical_volume": 7876.75, "trend": 33.171556, "fair_value": 29.31047, "relative_strength": 2.657716, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.774057, "energy": 21.977476, "activity_lines": [ 33.659766, 33.606126, 33.571335, 33.423553 ] }, { "date": "2023-09-29", "close": 33.348644, "volume": 3263, "typical_volume": 8011.25, "trend": 33.16879, "fair_value": 29.388944, "relative_strength": 2.390661, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.904836, "energy": 15.344481, "activity_lines": [ 33.609822, 33.531169, 33.56732, 33.434978 ] }, { "date": "2023-10-06", "close": 32.445976, "volume": 7524, "typical_volume": 8185.1, "trend": 33.16188, "fair_value": 29.456972, "relative_strength": 0.910646, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.651007, "energy": 5.180284, "activity_lines": [ 33.21889, 33.312948, 33.474525, 33.388345 ] }, { "date": "2023-10-13", "close": 32.768848, "volume": 963, "typical_volume": 7667.75, "trend": 33.230376, "fair_value": 29.529475, "relative_strength": 0.329576, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.255104, "energy": 26.133498, "activity_lines": [ 33.01365, 33.197769, 33.414519, 33.362988 ] }, { "date": "2023-10-20", "close": 32.173134, "volume": 478, "typical_volume": 6861.25, "trend": 33.264439, "fair_value": 29.597527, "relative_strength": 0.943817, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.848138, "energy": 44.844254, "activity_lines": [ 32.644095, 32.998976, 33.295364, 33.294779 ] }, { "date": "2023-10-27", "close": 31.863897, "volume": 160, "typical_volume": 6591.7, "trend": 33.241407, "fair_value": 29.671106, "relative_strength": 1.343743, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.709916, "energy": 69.594218, "activity_lines": [ 32.303944, 32.771966, 33.14894, 33.204421 ] }, { "date": "2023-11-03", "close": 33.375923, "volume": 1330, "typical_volume": 6352.95, "trend": 33.256896, "fair_value": 29.746108, "relative_strength": 4.089168, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.807443, "energy": 49.091832, "activity_lines": [ 32.589218, 32.838627, 33.15219, 33.213099 ] }, { "date": "2023-11-10", "close": 32.643791, "volume": 2205, "typical_volume": 6424.9, "trend": 33.228303, "fair_value": 29.807628, "relative_strength": 2.464774, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.124407, "energy": 38.512752, "activity_lines": [ 32.62863, 32.760741, 33.087012, 33.173544 ] }, { "date": "2023-11-17", "close": 34.058044, "volume": 148, "typical_volume": 6429.25, "trend": 33.248237, "fair_value": 29.875086, "relative_strength": 4.686944, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.486579, "energy": 8.547407, "activity_lines": [ 33.126272, 32.957687, 33.156021, 33.227076 ] }, { "date": "2023-11-24", "close": 34.503696, "volume": 583, "typical_volume": 6406.8, "trend": 33.277196, "fair_value": 29.940766, "relative_strength": 6.093467, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.801032, "energy": 28.325951, "activity_lines": [ 33.686518, 33.221563, 33.263896, 33.308073 ] }, { "date": "2023-12-01", "close": 34.840202, "volume": 1130, "typical_volume": 5487.8, "trend": 33.327938, "fair_value": 30.00607, "relative_strength": 6.330074, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.759714, "energy": 55.916521, "activity_lines": [ 34.203562, 33.540379, 33.396568, 33.408912 ] }, { "date": "2023-12-08", "close": 34.952835, "volume": 5460, "typical_volume": 3990.5, "trend": 33.401092, "fair_value": 30.073249, "relative_strength": 6.126169, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.803339, "energy": 74.879091, "activity_lines": [ 34.55973, 33.858674, 33.53669, 33.513744 ] }, { "date": "2023-12-15", "close": 35.885616, "volume": 3751, "typical_volume": 4156.4, "trend": 33.501477, "fair_value": 30.145324, "relative_strength": 8.388248, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.965562, "energy": 84.706833, "activity_lines": [ 35.121697, 34.317398, 33.763471, 33.674036 ] }, { "date": "2023-12-22", "close": 36.41732, "volume": 647, "typical_volume": 3997.95, "trend": 33.63999, "fair_value": 30.221779, "relative_strength": 8.02906, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.752141, "energy": 89.723663, "activity_lines": [ 35.644778, 34.810256, 34.036124, 33.862155 ] }, { "date": "2023-12-29", "close": 36.729008, "volume": 750, "typical_volume": 3607.2, "trend": 33.776577, "fair_value": 30.299261, "relative_strength": 8.222518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.201993, "energy": 91.439058, "activity_lines": [ 36.114469, 35.293449, 34.327556, 34.061447 ] }, { "date": "2024-01-05", "close": 36.882565, "volume": 215237, "typical_volume": 14356.15, "trend": 33.90416, "fair_value": 30.371439, "relative_strength": 9.032326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.749022, "energy": 91.780446, "activity_lines": [ 36.486992, 35.721728, 34.619253, 34.261833 ] }, { "date": "2024-01-12", "close": 36.183556, "volume": 5589, "typical_volume": 14586.75, "trend": 33.988664, "fair_value": 30.439265, "relative_strength": 7.656458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.728968, "energy": 86.497903, "activity_lines": [ 36.490355, 35.931665, 34.825392, 34.408891 ] }, { "date": "2024-01-19", "close": 35.484539, "volume": 39769, "typical_volume": 16263.75, "trend": 34.086877, "fair_value": 30.503964, "relative_strength": 7.66809, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.728819, "energy": 63.418241, "activity_lines": [ 36.178663, 35.963461, 34.948595, 34.505399 ] }, { "date": "2024-01-26", "close": 36.456284, "volume": 2680, "typical_volume": 15305.7, "trend": 34.191859, "fair_value": 30.57971, "relative_strength": 7.905746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.890463, "energy": 55.944143, "activity_lines": [ 36.217625, 36.120287, 35.155451, 34.658264 ] }, { "date": "2024-02-02", "close": 36.048332, "volume": 1514, "typical_volume": 15285.6, "trend": 34.294106, "fair_value": 30.648662, "relative_strength": 6.761468, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.479662, "energy": 43.37386, "activity_lines": [ 36.118006, 36.159337, 35.308343, 34.778036 ] }, { "date": "2024-02-09", "close": 35.514336, "volume": 1486, "typical_volume": 14733.35, "trend": 34.339521, "fair_value": 30.712428, "relative_strength": 5.576954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.665091, "energy": 34.744992, "activity_lines": [ 35.885766, 36.073211, 35.401388, 34.856761 ] }, { "date": "2024-02-16", "close": 36.208759, "volume": 193650, "typical_volume": 24252.7, "trend": 34.39662, "fair_value": 30.778537, "relative_strength": 5.473326, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.957521, "energy": 40.364082, "activity_lines": [ 35.976216, 36.101087, 35.551857, 34.977357 ] }, { "date": "2024-02-23", "close": 36.619003, "volume": 64442, "typical_volume": 27098.6, "trend": 34.454433, "fair_value": 30.849115, "relative_strength": 6.473711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.020233, "energy": 46.377417, "activity_lines": [ 36.201734, 36.180719, 35.727778, 35.120736 ] }, { "date": "2024-03-01", "close": 36.527332, "volume": 9113, "typical_volume": 27506.1, "trend": 34.534438, "fair_value": 30.918148, "relative_strength": 6.285283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.298513, "energy": 47.265491, "activity_lines": [ 36.321064, 36.230348, 35.875097, 35.254472 ] }, { "date": "2024-03-08", "close": 37.467087, "volume": 3317, "typical_volume": 27648.05, "trend": 34.659554, "fair_value": 30.987288, "relative_strength": 9.026812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.95182, "energy": 63.935075, "activity_lines": [ 36.748908, 36.448842, 36.094019, 35.443675 ] }, { "date": "2024-03-15", "close": 37.547649, "volume": 3258, "typical_volume": 27802.95, "trend": 34.814625, "fair_value": 31.05479, "relative_strength": 7.992965, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.272084, "energy": 82.742749, "activity_lines": [ 37.109024, 36.668564, 36.295404, 35.630004 ] }, { "date": "2024-03-22", "close": 37.906742, "volume": 5804, "typical_volume": 28026.65, "trend": 34.986611, "fair_value": 31.124106, "relative_strength": 5.968687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.288516, "energy": 87.958508, "activity_lines": [ 37.453282, 36.941483, 36.503923, 35.829495 ] }, { "date": "2024-03-29", "close": 38.424652, "volume": 2274, "typical_volume": 28030.1, "trend": 35.146867, "fair_value": 31.197475, "relative_strength": 6.865529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.160154, "energy": 92.741026, "activity_lines": [ 37.856979, 37.277236, 36.740191, 36.051304 ] }, { "date": "2024-04-05", "close": 38.34409, "volume": 2742, "typical_volume": 28159.8, "trend": 35.315579, "fair_value": 31.268602, "relative_strength": 6.928656, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.920395, "energy": 88.610946, "activity_lines": [ 38.113445, 37.544886, 36.941259, 36.257577 ] }, { "date": "2024-04-12", "close": 37.67886, "volume": 7820, "typical_volume": 28521.65, "trend": 35.432862, "fair_value": 31.332966, "relative_strength": 3.763409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.62247, "energy": 69.738982, "activity_lines": [ 38.02705, 37.657261, 37.058562, 36.410046 ] }, { "date": "2024-04-19", "close": 37.499317, "volume": 7198, "typical_volume": 28825.05, "trend": 35.560001, "fair_value": 31.396862, "relative_strength": 4.342595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.59114, "energy": 57.234318, "activity_lines": [ 37.866689, 37.707345, 37.143645, 36.543366 ] }, { "date": "2024-04-26", "close": 37.830784, "volume": 3615, "typical_volume": 28732.8, "trend": 35.709406, "fair_value": 31.463449, "relative_strength": 1.949605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.509257, "energy": 50.312312, "activity_lines": [ 37.82004, 37.781606, 37.247635, 36.689868 ] }, { "date": "2024-05-03", "close": 38.10239, "volume": 2966, "typical_volume": 28693.55, "trend": 35.897953, "fair_value": 31.525171, "relative_strength": 1.607763, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.225493, "energy": 43.319646, "activity_lines": [ 37.86899, 37.875759, 37.363787, 36.844254 ] }, { "date": "2024-05-10", "close": 39.080677, "volume": 2267, "typical_volume": 28774.55, "trend": 36.108347, "fair_value": 31.593073, "relative_strength": 1.319573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.44366, "energy": 58.517452, "activity_lines": [ 38.265519, 38.120811, 37.562553, 37.049591 ] }, { "date": "2024-05-17", "close": 39.669952, "volume": 3597, "typical_volume": 28916.9, "trend": 36.358241, "fair_value": 31.665345, "relative_strength": 2.807652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.733465, "energy": 80.069263, "activity_lines": [ 38.809368, 38.426579, 37.804759, 37.279372 ] }, { "date": "2024-05-24", "close": 39.287846, "volume": 6091, "typical_volume": 18459.6, "trend": 36.605706, "fair_value": 31.734923, "relative_strength": 2.861497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.781149, "energy": 82.600624, "activity_lines": [ 39.093109, 38.622822, 37.996568, 37.468379 ] }, { "date": "2024-05-31", "close": 39.223392, "volume": 5151, "typical_volume": 18437.7, "trend": 36.800622, "fair_value": 31.803585, "relative_strength": 3.022149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.433105, "energy": 78.187734, "activity_lines": [ 39.23613, 38.775706, 38.170786, 37.637262 ] }, { "date": "2024-06-07", "close": 39.122677, "volume": 8367, "typical_volume": 16867.6, "trend": 37.016585, "fair_value": 31.87204, "relative_strength": 2.970597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.910084, "energy": 63.02622, "activity_lines": [ 39.252738, 38.886339, 38.320936, 37.787072 ] }, { "date": "2024-06-14", "close": 37.552402, "volume": 5075, "typical_volume": 16987.35, "trend": 37.133063, "fair_value": 31.936505, "relative_strength": -0.053581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.922057, "energy": 30.075876, "activity_lines": [ 38.677903, 38.698776, 38.304211, 37.821641 ] }, { "date": "2024-06-21", "close": 37.882008, "volume": 5301, "typical_volume": 17176.7, "trend": 37.245674, "fair_value": 31.999886, "relative_strength": -0.386537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.339715, "energy": 19.495197, "activity_lines": [ 38.314821, 38.585536, 38.313658, 37.86996 ] }, { "date": "2024-06-28", "close": 38.176281, "volume": 5210, "typical_volume": 17362.9, "trend": 37.356876, "fair_value": 32.066589, "relative_strength": 1.185305, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.674911, "energy": 21.640737, "activity_lines": [ 38.169026, 38.522106, 38.3424, 37.929999 ] }, { "date": "2024-07-05", "close": 38.677734, "volume": 2552, "typical_volume": 7808.0, "trend": 37.48104, "fair_value": 32.136323, "relative_strength": 1.945029, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.269289, "energy": 23.132689, "activity_lines": [ 38.264487, 38.537541, 38.406222, 38.015216 ] }, { "date": "2024-07-12", "close": 39.602947, "volume": 7566, "typical_volume": 4964.2, "trend": 37.604951, "fair_value": 32.212784, "relative_strength": 3.675515, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.48411, "energy": 29.000292, "activity_lines": [ 38.704729, 38.705798, 38.546404, 38.152113 ] }, { "date": "2024-07-19", "close": 39.565281, "volume": 3958, "typical_volume": 4706.45, "trend": 37.709883, "fair_value": 32.288939, "relative_strength": 4.65913, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.799015, "energy": 45.843109, "activity_lines": [ 39.100398, 38.839923, 38.668788, 38.278586 ] }, { "date": "2024-07-26", "close": 39.878391, "volume": 20633, "typical_volume": 5572.25, "trend": 37.814862, "fair_value": 32.365587, "relative_strength": 3.712226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.900696, "energy": 65.720548, "activity_lines": [ 39.466245, 39.022166, 38.806527, 38.41849 ] }, { "date": "2024-08-02", "close": 38.642422, "volume": 29491, "typical_volume": 6883.9, "trend": 37.873524, "fair_value": 32.433699, "relative_strength": 1.771539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.993822, "energy": 50.836507, "activity_lines": [ 39.28701, 38.975898, 38.815071, 38.47188 ] }, { "date": "2024-08-09", "close": 38.463501, "volume": 21241, "typical_volume": 7655.75, "trend": 37.949522, "fair_value": 32.496919, "relative_strength": 1.286435, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.714068, "energy": 28.743998, "activity_lines": [ 39.017058, 38.908834, 38.801363, 38.509944 ] }, { "date": "2024-08-16", "close": 39.515846, "volume": 22026, "typical_volume": 8643.35, "trend": 38.083899, "fair_value": 32.570942, "relative_strength": 2.168466, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.460479, "energy": 29.05912, "activity_lines": [ 39.112171, 39.046922, 38.885226, 38.610997 ] }, { "date": "2024-08-23", "close": 40.608212, "volume": 60558, "typical_volume": 11534.15, "trend": 38.222297, "fair_value": 32.650455, "relative_strength": 4.607101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.25957, "energy": 38.947688, "activity_lines": [ 39.577212, 39.376473, 39.067928, 38.773856 ] }, { "date": "2024-08-30", "close": 40.737686, "volume": 7130, "typical_volume": 11499.65, "trend": 38.378609, "fair_value": 32.730302, "relative_strength": 4.174687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.298732, "energy": 61.137436, "activity_lines": [ 40.015883, 39.674004, 39.25218, 38.936139 ] }, { "date": "2024-09-06", "close": 40.238705, "volume": 8828, "typical_volume": 11581.15, "trend": 38.536088, "fair_value": 32.809938, "relative_strength": 5.149904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.585953, "energy": 69.549176, "activity_lines": [ 40.23094, 39.828891, 39.374343, 39.056145 ] }, { "date": "2024-09-13", "close": 40.858128, "volume": 10376, "typical_volume": 11919.2, "trend": 38.691066, "fair_value": 32.895972, "relative_strength": 5.365988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.957972, "energy": 79.148358, "activity_lines": [ 40.546053, 40.058901, 39.542455, 39.205954 ] }, { "date": "2024-09-20", "close": 41.427711, "volume": 25861, "typical_volume": 13063.95, "trend": 38.851357, "fair_value": 32.985486, "relative_strength": 7.108733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.750044, "energy": 82.244378, "activity_lines": [ 40.891384, 40.352828, 39.750396, 39.382512 ] }, { "date": "2024-09-27", "close": 42.27734, "volume": 23993, "typical_volume": 14150.25, "trend": 39.043024, "fair_value": 33.082689, "relative_strength": 7.804872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.408223, "energy": 88.860397, "activity_lines": [ 41.392468, 40.768056, 40.02342, 39.603543 ] }, { "date": "2024-10-04", "close": 41.273445, "volume": 8491, "typical_volume": 14394.95, "trend": 39.169902, "fair_value": 33.169657, "relative_strength": 5.473997, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.967882, "energy": 77.736019, "activity_lines": [ 41.447645, 40.951447, 40.185613, 39.747441 ] }, { "date": "2024-10-11", "close": 41.470432, "volume": 29932, "typical_volume": 15587.0, "trend": 39.300662, "fair_value": 33.256858, "relative_strength": 6.015375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.581829, "energy": 72.164933, "activity_lines": [ 41.532767, 41.145289, 40.35893, 39.895862 ] }, { "date": "2024-10-18", "close": 41.572479, "volume": 45456, "typical_volume": 17602.25, "trend": 39.422853, "fair_value": 33.344476, "relative_strength": 4.679807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.113509, "energy": 63.907402, "activity_lines": [ 41.56979, 41.306267, 40.531573, 40.042431 ] }, { "date": "2024-10-25", "close": 41.026627, "volume": 54183, "typical_volume": 19893.05, "trend": 39.509585, "fair_value": 33.429691, "relative_strength": 4.421623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.836893, "energy": 46.434111, "activity_lines": [ 41.377238, 41.311472, 40.641044, 40.1459 ] }, { "date": "2024-11-01", "close": 40.945938, "volume": 45228, "typical_volume": 21900.7, "trend": 39.596314, "fair_value": 33.51225, "relative_strength": 4.913658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.708809, "energy": 36.494599, "activity_lines": [ 41.18453, 41.274538, 40.733764, 40.238568 ] }, { "date": "2024-11-08", "close": 40.601818, "volume": 11175, "typical_volume": 22194.4, "trend": 39.693746, "fair_value": 33.592432, "relative_strength": 5.130594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.273834, "energy": 25.90792, "activity_lines": [ 40.965874, 41.168896, 40.777551, 40.30344 ] }, { "date": "2024-11-15", "close": 40.219719, "volume": 37743, "typical_volume": 23821.05, "trend": 39.784426, "fair_value": 33.67341, "relative_strength": 4.066908, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.264527, "energy": 22.960137, "activity_lines": [ 40.664628, 40.996251, 40.771996, 40.337373 ] }, { "date": "2024-11-22", "close": 40.373981, "volume": 110564, "typical_volume": 29221.65, "trend": 39.869199, "fair_value": 33.757555, "relative_strength": 1.842257, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.723045, "energy": 21.835452, "activity_lines": [ 40.498183, 40.852, 40.771402, 40.375409 ] }, { "date": "2024-11-29", "close": 40.893723, "volume": 14267, "typical_volume": 29556.7, "trend": 39.962243, "fair_value": 33.844649, "relative_strength": 2.713124, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.227438, "energy": 16.569409, "activity_lines": [ 40.584885, 40.81105, 40.81223, 40.441508 ] }, { "date": "2024-12-06", "close": 41.030914, "volume": 6517, "typical_volume": 29684.65, "trend": 40.027251, "fair_value": 33.928518, "relative_strength": 2.665451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.100071, "energy": 14.383067, "activity_lines": [ 40.726177, 40.804752, 40.859977, 40.510454 ] }, { "date": "2024-12-13", "close": 40.614502, "volume": 11630, "typical_volume": 29234.5, "trend": 40.058736, "fair_value": 34.005806, "relative_strength": 1.66148, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.057824, "energy": 10.757001, "activity_lines": [ 40.723001, 40.745406, 40.861087, 40.548341 ] }, { "date": "2024-12-20", "close": 39.460995, "volume": 13507, "typical_volume": 28435.3, "trend": 40.064508, "fair_value": 34.073352, "relative_strength": 1.348762, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.257488, "energy": 10.174516, "activity_lines": [ 40.334477, 40.488312, 40.748833, 40.509777 ] }, { "date": "2024-12-27", "close": 39.977921, "volume": 5107, "typical_volume": 27628.6, "trend": 40.089659, "fair_value": 34.143013, "relative_strength": 1.791617, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 2.14215, "energy": 18.240656, "activity_lines": [ 40.168843, 40.361739, 40.681913, 40.504191 ] }, { "date": "2025-01-03", "close": 39.894161, "volume": 5664, "typical_volume": 26810.5, "trend": 40.115375, "fair_value": 34.204417, "relative_strength": 0.639971, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.853986, "energy": 35.139214, "activity_lines": [ 40.001693, 40.24893, 40.599804, 40.491578 ] }, { "date": "2025-01-10", "close": 40.0186, "volume": 24251, "typical_volume": 24995.15, "trend": 40.197582, "fair_value": 34.26086, "relative_strength": 0.611414, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.87454, "energy": 35.88127, "activity_lines": [ 39.94266, 40.179336, 40.527745, 40.485335 ] }, { "date": "2025-01-17", "close": 41.129036, "volume": 44919, "typical_volume": 26884.6, "trend": 40.305816, "fair_value": 34.326354, "relative_strength": 0.250197, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 23.071697, "energy": 12.748304, "activity_lines": [ 40.32126, 40.3285, 40.564249, 40.545429 ] }, { "date": "2025-01-24", "close": 42.033649, "volume": 33500, "typical_volume": 28118.2, "trend": 40.434395, "fair_value": 34.39934, "relative_strength": 2.419919, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.318766, "energy": 30.580077, "activity_lines": [ 40.967095, 40.632553, 40.685043, 40.656902 ] }, { "date": "2025-01-31", "close": 42.208355, "volume": 46047, "typical_volume": 29901.75, "trend": 40.552082, "fair_value": 34.469606, "relative_strength": 0.757793, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.379552, "energy": 50.217729, "activity_lines": [ 41.499656, 40.935391, 40.813929, 40.771351 ] }, { "date": "2025-02-07", "close": 42.347157, "volume": 39334, "typical_volume": 30575.4, "trend": 40.643556, "fair_value": 34.537483, "relative_strength": 0.71011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.639825, "energy": 66.083304, "activity_lines": [ 41.929788, 41.230113, 40.949604, 40.887162 ] }, { "date": "2025-02-14", "close": 43.591602, "volume": 53947, "typical_volume": 32073.1, "trend": 40.777767, "fair_value": 34.616656, "relative_strength": 3.168006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.995023, "energy": 83.824527, "activity_lines": [ 42.611202, 41.724671, 41.199419, 41.077358 ] }, { "date": "2025-02-21", "close": 43.742374, "volume": 50306, "typical_volume": 34163.85, "trend": 40.906566, "fair_value": 34.699809, "relative_strength": 4.274591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.997683, "energy": 87.366809, "activity_lines": [ 43.104674, 42.200085, 41.457336, 41.268623 ] }, { "date": "2025-02-28", "close": 43.99366, "volume": 52612, "typical_volume": 35297.85, "trend": 41.084941, "fair_value": 34.789473, "relative_strength": 2.986621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.095134, "energy": 87.593735, "activity_lines": [ 43.507685, 42.664317, 41.727427, 41.467791 ] }, { "date": "2025-03-07", "close": 45.715282, "volume": 78965, "typical_volume": 36973.3, "trend": 41.326667, "fair_value": 34.887658, "relative_strength": 8.455729, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.905356, "energy": 94.546003, "activity_lines": [ 44.353902, 43.359159, 42.149467, 41.766523 ] }, { "date": "2025-03-14", "close": 45.347477, "volume": 89401, "typical_volume": 38734.2, "trend": 41.521054, "fair_value": 34.981359, "relative_strength": 8.007773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.888442, "energy": 90.352463, "activity_lines": [ 44.843723, 43.882812, 42.516751, 42.02593 ] }, { "date": "2025-03-21", "close": 45.751343, "volume": 35614, "typical_volume": 38253.5, "trend": 41.692492, "fair_value": 35.073528, "relative_strength": 8.56739, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.118111, "energy": 90.149216, "activity_lines": [ 45.268144, 44.380743, 42.901922, 42.298852 ] }, { "date": "2025-03-28", "close": 45.676815, "volume": 92237, "typical_volume": 42306.6, "trend": 41.85713, "fair_value": 35.165514, "relative_strength": 8.050008, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.371449, "energy": 86.431534, "activity_lines": [ 45.52374, 44.760893, 43.257113, 42.555905 ] }, { "date": "2025-04-04", "close": 42.256042, "volume": 377798, "typical_volume": 59309.35, "trend": 41.924374, "fair_value": 35.233097, "relative_strength": 7.283456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.230161, "energy": 45.484606, "activity_lines": [ 44.510116, 44.436396, 43.262349, 42.581641 ] }, { "date": "2025-04-11", "close": 42.121426, "volume": 56479, "typical_volume": 56605.1, "trend": 41.966484, "fair_value": 35.299537, "relative_strength": 7.916289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.87056, "energy": 19.962832, "activity_lines": [ 43.56746, 44.083381, 43.245068, 42.594354 ] }, { "date": "2025-04-18", "close": 44.208027, "volume": 166059, "typical_volume": 64194.7, "trend": 42.059161, "fair_value": 35.38192, "relative_strength": 8.746084, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.996217, "energy": 23.857545, "activity_lines": [ 43.559929, 44.111328, 43.418189, 42.73897 ] }, { "date": "2025-04-25", "close": 45.159977, "volume": 51417, "typical_volume": 66439.7, "trend": 42.155249, "fair_value": 35.475449, "relative_strength": 8.938404, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.970945, "energy": 28.086103, "activity_lines": [ 43.945678, 44.278523, 43.66619, 42.939022 ] }, { "date": "2025-05-02", "close": 46.150387, "volume": 87256, "typical_volume": 70221.0, "trend": 42.317814, "fair_value": 35.574952, "relative_strength": 8.672691, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.343699, "energy": 37.398532, "activity_lines": [ 44.700988, 44.597277, 43.988854, 43.196773 ] }, { "date": "2025-05-09", "close": 46.150387, "volume": 37053, "typical_volume": 71398.3, "trend": 42.473812, "fair_value": 35.675672, "relative_strength": 8.878665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.298003, "energy": 58.470895, "activity_lines": [ 45.424726, 44.872248, 44.285156, 43.444036 ] }, { "date": "2025-05-16", "close": 46.602325, "volume": 43985, "typical_volume": 73342.2, "trend": 42.641474, "fair_value": 35.777483, "relative_strength": 8.027079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.627622, "energy": 70.037275, "activity_lines": [ 46.039488, 45.190177, 44.592645, 43.710391 ] }, { "date": "2025-05-23", "close": 46.88118, "volume": 161340, "typical_volume": 81126.0, "trend": 42.836626, "fair_value": 35.871932, "relative_strength": 7.983704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.761412, "energy": 71.84157, "activity_lines": [ 46.448474, 45.542679, 44.895148, 43.983921 ] }, { "date": "2025-05-30", "close": 47.361961, "volume": 20792, "typical_volume": 80953.05, "trend": 43.050493, "fair_value": 35.971596, "relative_strength": 8.139316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.635811, "energy": 71.313032, "activity_lines": [ 46.839511, 45.95471, 45.210168, 44.275878 ] }, { "date": "2025-06-06", "close": 47.878349, "volume": 73650, "typical_volume": 82389.6, "trend": 43.293044, "fair_value": 36.080929, "relative_strength": 8.227781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.964605, "energy": 69.83849, "activity_lines": [ 47.255878, 46.431345, 45.539399, 44.587353 ] }, { "date": "2025-06-13", "close": 48.042835, "volume": 16307, "typical_volume": 81529.95, "trend": 43.553815, "fair_value": 36.203319, "relative_strength": 8.103711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.054274, "energy": 66.202505, "activity_lines": [ 47.611876, 46.89786, 45.852155, 44.893791 ] }, { "date": "2025-06-20", "close": 47.593563, "volume": 60779, "typical_volume": 82266.55, "trend": 43.794468, "fair_value": 36.31945, "relative_strength": 7.678748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.151805, "energy": 55.144739, "activity_lines": [ 47.691954, 47.177474, 46.093509, 45.15442 ] }, { "date": "2025-06-27", "close": 48.565765, "volume": 49230, "typical_volume": 82761.35, "trend": 44.050202, "fair_value": 36.44533, "relative_strength": 9.224417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.720469, "energy": 54.816528, "activity_lines": [ 48.030016, 47.534359, 46.40181, 45.462245 ] }, { "date": "2025-07-04", "close": 48.821087, "volume": 26474, "typical_volume": 81387.7, "trend": 44.309875, "fair_value": 36.573175, "relative_strength": 9.159785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.363251, "energy": 64.092813, "activity_lines": [ 48.34088, 47.858434, 46.704814, 45.770044 ] }, { "date": "2025-07-11", "close": 48.899647, "volume": 94756, "typical_volume": 83610.2, "trend": 44.586046, "fair_value": 36.706482, "relative_strength": 7.616343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.539099, "energy": 71.789101, "activity_lines": [ 48.580656, 48.130227, 46.990399, 46.066159 ] }, { "date": "2025-07-18", "close": 48.607498, "volume": 51120, "typical_volume": 83535.6, "trend": 44.89093, "fair_value": 36.835156, "relative_strength": 6.144025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.952774, "energy": 73.573087, "activity_lines": [ 48.654962, 48.298916, 47.223601, 46.325607 ] }, { "date": "2025-07-25", "close": 49.803104, "volume": 29590, "typical_volume": 81066.85, "trend": 45.218436, "fair_value": 36.966907, "relative_strength": 6.964501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.477265, "energy": 79.093895, "activity_lines": [ 49.090159, 48.640313, 47.548699, 46.642522 ] }, { "date": "2025-08-01", "close": 47.996189, "volume": 155497, "typical_volume": 84371.65, "trend": 45.488503, "fair_value": 37.088613, "relative_strength": 3.451015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.221215, "energy": 50.048922, "activity_lines": [ 48.775749, 48.594984, 47.682245, 46.821731 ] }, { "date": "2025-08-08", "close": 49.989689, "volume": 70699, "typical_volume": 86125.9, "trend": 45.820873, "fair_value": 37.217386, "relative_strength": 7.109919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.920847, "energy": 53.864925, "activity_lines": [ 49.16381, 48.891836, 47.993035, 47.112131 ] }, { "date": "2025-08-15", "close": 51.305592, "volume": 130319, "typical_volume": 88030.0, "trend": 46.160091, "fair_value": 37.357491, "relative_strength": 9.058449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.655972, "energy": 62.648467, "activity_lines": [ 49.912599, 49.380167, 48.408966, 47.465983 ] }, { "date": "2025-08-22", "close": 52.017559, "volume": 336946, "typical_volume": 85987.4, "trend": 46.492888, "fair_value": 37.504961, "relative_strength": 8.122556, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.725066, "energy": 71.500274, "activity_lines": [ 50.738314, 49.935633, 48.8659, 47.843885 ] }, { "date": "2025-08-29", "close": 50.745846, "volume": 97116, "typical_volume": 88019.25, "trend": 46.777472, "fair_value": 37.64645, "relative_strength": 6.756194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.938227, "energy": 76.498342, "activity_lines": [ 50.912787, 50.18761, 49.155235, 48.118269 ] }, { "date": "2025-09-05", "close": 50.873104, "volume": 602469, "typical_volume": 109839.75, "trend": 47.06167, "fair_value": 37.787482, "relative_strength": 6.540819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.419679, "energy": 75.751092, "activity_lines": [ 51.06683, 50.405412, 49.415621, 48.382503 ] }, { "date": "2025-09-12", "close": 51.308765, "volume": 66233, "typical_volume": 110580.55, "trend": 47.318908, "fair_value": 37.934677, "relative_strength": 6.351891, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.835981, "energy": 60.534416, "activity_lines": [ 51.174299, 50.660472, 49.685761, 48.656509 ] }, { "date": "2025-09-19", "close": 51.016674, "volume": 259376, "typical_volume": 119186.55, "trend": 47.561385, "fair_value": 38.08947, "relative_strength": 6.313279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.399515, "energy": 48.745567, "activity_lines": [ 51.096466, 50.817195, 49.898802, 48.895075 ] }, { "date": "2025-09-26", "close": 51.180046, "volume": 101341, "typical_volume": 122400.95, "trend": 47.800931, "fair_value": 38.248196, "relative_strength": 5.703078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.061342, "energy": 46.870225, "activity_lines": [ 51.092352, 50.96513, 50.10423, 49.128537 ] }, { "date": "2025-10-03", "close": 52.457317, "volume": 89867, "typical_volume": 124695.05, "trend": 48.025666, "fair_value": 38.41192, "relative_strength": 5.77228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.836342, "energy": 51.863421, "activity_lines": [ 51.569828, 51.298523, 50.407351, 49.428949 ] }, { "date": "2025-10-10", "close": 51.016674, "volume": 82594, "typical_volume": 120757.75, "trend": 48.214639, "fair_value": 38.566686, "relative_strength": 3.416289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.279821, "energy": 40.952842, "activity_lines": [ 51.452993, 51.321722, 50.545388, 49.621917 ] }, { "date": "2025-10-17", "close": 51.254303, "volume": 92449, "typical_volume": 124340.6, "trend": 48.398071, "fair_value": 38.719855, "relative_strength": 4.513599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.814652, "energy": 38.104054, "activity_lines": [ 51.405795, 51.333209, 50.686363, 49.818024 ] }, { "date": "2025-10-24", "close": 51.417679, "volume": 51162, "typical_volume": 123216.2, "trend": 48.589433, "fair_value": 38.866902, "relative_strength": 1.550596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.015639, "energy": 36.812196, "activity_lines": [ 51.416687, 51.351407, 50.824363, 50.012838 ] }, { "date": "2025-10-31", "close": 51.516689, "volume": 46071, "typical_volume": 124704.4, "trend": 48.898121, "fair_value": 39.01138, "relative_strength": 0.886656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.682242, "energy": 31.548799, "activity_lines": [ 51.433849, 51.385569, 50.954939, 50.201693 ] }, { "date": "2025-11-07", "close": 51.853336, "volume": 58311, "typical_volume": 124581.0, "trend": 49.222518, "fair_value": 39.149196, "relative_strength": 1.788551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.919615, "energy": 34.511447, "activity_lines": [ 51.540784, 51.490047, 51.101033, 50.392352 ] }, { "date": "2025-11-14", "close": 53.348442, "volume": 101926, "typical_volume": 127215.8, "trend": 49.527199, "fair_value": 39.293601, "relative_strength": 4.357183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.174896, "energy": 48.877983, "activity_lines": [ 52.186352, 51.846226, 51.369235, 50.658541 ] }, { "date": "2025-11-21", "close": 52.279095, "volume": 92873, "typical_volume": 130535.75, "trend": 49.764503, "fair_value": 39.427102, "relative_strength": 3.742013, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.759316, "energy": 43.765273, "activity_lines": [ 52.320021, 51.962972, 51.512819, 50.836082 ] }, { "date": "2025-11-28", "close": 53.764297, "volume": 102890, "typical_volume": 130942.45, "trend": 50.0183, "fair_value": 39.569416, "relative_strength": 4.477943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.665796, "energy": 62.505731, "activity_lines": [ 52.880437, 52.332112, 51.781384, 51.094134 ] }, { "date": "2025-12-05", "close": 54.221638, "volume": 45953, "typical_volume": 130684.1, "trend": 50.287342, "fair_value": 39.714991, "relative_strength": 5.692346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.504904, "energy": 70.982535, "activity_lines": [ 53.436859, 52.734448, 52.070341, 51.365317 ] }, { "date": "2025-12-12", "close": 55.003418, "volume": 134338, "typical_volume": 135921.5, "trend": 50.567378, "fair_value": 39.870041, "relative_strength": 7.102931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.0909, "energy": 72.888088, "activity_lines": [ 54.073544, 53.223625, 52.407018, 51.66958 ] }, { "date": "2025-12-19", "close": 55.67067, "volume": 104603, "typical_volume": 133376.8, "trend": 50.860361, "fair_value": 40.023914, "relative_strength": 5.398333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.612115, "energy": 81.850107, "activity_lines": [ 54.722642, 53.787827, 52.78248, 51.998824 ] }, { "date": "2025-12-26", "close": 56.078987, "volume": 47570, "typical_volume": 132220.35, "trend": 51.150929, "fair_value": 40.179456, "relative_strength": 6.16172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.571777, "energy": 83.63861, "activity_lines": [ 55.353029, 54.341651, 53.160285, 52.33551 ] }, { "date": "2026-01-02", "close": 56.402653, "volume": 227397, "typical_volume": 137074.25, "trend": 51.435072, "fair_value": 40.331019, "relative_strength": 5.60172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.486775, "energy": 88.207138, "activity_lines": [ 55.83798, 54.866601, 53.539918, 52.674331 ] }, { "date": "2026-01-09", "close": 56.308044, "volume": 167339, "typical_volume": 128593.9, "trend": 51.710579, "fair_value": 40.47655, "relative_strength": 3.355097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.717788, "energy": 86.013608, "activity_lines": [ 56.115503, 55.283714, 53.886269, 52.988716 ] }, { "date": "2026-01-16", "close": 56.835869, "volume": 193404, "typical_volume": 133408.3, "trend": 52.018656, "fair_value": 40.62679, "relative_strength": 2.931795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.321268, "energy": 85.62124, "activity_lines": [ 56.429875, 55.70968, 54.262458, 53.31938 ] }, { "date": "2026-01-23", "close": 57.174473, "volume": 180666, "typical_volume": 112318.15, "trend": 52.305613, "fair_value": 40.776968, "relative_strength": 4.225711, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.46142, "energy": 80.533725, "activity_lines": [ 56.734951, 56.106619, 54.641895, 53.652013 ] }, { "date": "2026-01-30", "close": 58.937214, "volume": 137580, "typical_volume": 115885.5, "trend": 52.642817, "fair_value": 40.938084, "relative_strength": 6.257708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.066182, "energy": 86.638862, "activity_lines": [ 57.527354, 56.754491, 55.159205, 54.079859 ] }, { "date": "2026-02-06", "close": 60.311554, "volume": 470404, "typical_volume": 126436.9, "trend": 53.023214, "fair_value": 41.109669, "relative_strength": 6.842085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.640409, "energy": 92.523877, "activity_lines": [ 58.587322, 57.531187, 55.771079, 54.574616 ] }, { "date": "2026-02-13", "close": 61.287533, "volume": 300998, "typical_volume": 136419.75, "trend": 53.445882, "fair_value": 41.287064, "relative_strength": 7.442803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.540072, "energy": 96.062059, "activity_lines": [ 59.712023, 58.366293, 56.431642, 55.107798 ] }, { "date": "2026-02-20", "close": 61.262634, "volume": 102739, "typical_volume": 137063.35, "trend": 53.827866, "fair_value": 41.469363, "relative_strength": 4.731014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.6826, "energy": 93.502316, "activity_lines": [ 60.496458, 59.068401, 57.041703, 55.612104 ] }, { "date": "2026-02-27", "close": 62.163918, "volume": 278180, "typical_volume": 146842.65, "trend": 54.300124, "fair_value": 41.653544, "relative_strength": 3.836156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.851936, "energy": 94.384579, "activity_lines": [ 61.286203, 59.820574, 57.695671, 56.149914 ] }, { "date": "2026-03-06", "close": 59.549999, "volume": 163904, "typical_volume": 150415.4, "trend": 54.618801, "fair_value": 41.825959, "relative_strength": 5.329247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.008086, "energy": 76.540238, "activity_lines": [ 60.872013, 59.979431, 58.047611, 56.488616 ] }, { "date": "2026-03-13", "close": 59.445, "volume": 210637, "typical_volume": 158389.15, "trend": 54.890114, "fair_value": 42.010132, "relative_strength": 5.186659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.210289, "energy": 63.93946, "activity_lines": [ 60.38197, 60.056087, 58.350049, 56.799983 ] }, { "date": "2026-03-20", "close": 58.900002, "volume": 131823, "typical_volume": 162676.75, "trend": 55.119529, "fair_value": 42.188009, "relative_strength": 7.582332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.043446, "energy": 49.343656, "activity_lines": [ 59.768032, 59.978338, 58.562356, 57.058686 ] }, { "date": "2026-03-27", "close": 59.610001, "volume": 149037, "typical_volume": 167213.05, "trend": 55.415001, "fair_value": 42.361439, "relative_strength": 8.077223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.593449, "energy": 33.177778, "activity_lines": [ 59.549929, 59.982553, 58.807124, 57.348394 ] }, { "date": "2026-04-03", "close": 59.800869, "volume": 112240, "typical_volume": 167728.75, "trend": 55.712593, "fair_value": 42.533809, "relative_strength": 3.37792, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.695535, "energy": 29.112141, "activity_lines": [ 59.505624, 59.971032, 59.033133, 57.631353 ] }, { "date": "2026-04-10", "close": 60.765717, "volume": 94972, "typical_volume": 167833.7, "trend": 56.027825, "fair_value": 42.708579, "relative_strength": 3.259824, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.195124, "energy": 35.41217, "activity_lines": [ 59.940471, 60.087185, 59.320307, 57.957361 ] }, { "date": "2026-04-17", "close": 60.686951, "volume": 152619, "typical_volume": 170320.15, "trend": 56.350167, "fair_value": 42.88311, "relative_strength": 2.354276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.9375, "energy": 42.097217, "activity_lines": [ 60.268016, 60.155772, 59.559567, 58.25795 ] }, { "date": "2026-04-24", "close": 60.184841, "volume": 63897, "typical_volume": 171217.35, "trend": 56.650327, "fair_value": 43.053302, "relative_strength": 4.173148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.672017, "energy": 39.552279, "activity_lines": [ 60.345393, 60.126241, 59.718041, 58.505348 ] }, { "date": "2026-05-01", "close": 61.036465, "volume": 81626, "typical_volume": 168581.75, "trend": 56.936299, "fair_value": 43.230985, "relative_strength": 5.612139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.25812, "energy": 43.873656, "activity_lines": [ 60.62099, 60.2716, 59.929227, 58.788325 ] }, { "date": "2026-05-08", "close": 60.017467, "volume": 88524, "typical_volume": 167777.8, "trend": 57.236325, "fair_value": 43.405724, "relative_strength": 5.006037, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.668664, "energy": 35.959026, "activity_lines": [ 60.461822, 60.235798, 60.014636, 58.98711 ] }, { "date": "2026-05-15", "close": 59.997776, "volume": 68688, "typical_volume": 168833.7, "trend": 57.527774, "fair_value": 43.579594, "relative_strength": 5.17191, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.471071, "energy": 29.711912, "activity_lines": [ 60.281652, 60.235443, 60.077471, 59.165268 ] }, { "date": "2026-05-22", "close": 60.952778, "volume": 87013, "typical_volume": 161814.5, "trend": 57.845611, "fair_value": 43.763509, "relative_strength": 3.921098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.769315, "energy": 33.192969, "activity_lines": [ 60.471011, 60.400582, 60.212598, 59.386236 ] }, { "date": "2026-05-29", "close": 60.1553, "volume": 57610, "typical_volume": 156328.05, "trend": 58.133565, "fair_value": 43.939945, "relative_strength": 2.988749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.802142, "energy": 21.662772, "activity_lines": [ 60.376823, 60.393312, 60.250107, 59.535248 ] }, { "date": "2026-06-05", "close": 59.860001, "volume": 8982, "typical_volume": 147106.95, "trend": 58.400454, "fair_value": 44.111771, "relative_strength": 2.765013, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.004043, "energy": 19.729487, "activity_lines": [ 60.186171, 60.309528, 60.241172, 59.646631 ] }, { "date": "2026-06-12", "close": 60.869999, "volume": 10435, "typical_volume": 138595.4, "trend": 58.651172, "fair_value": 44.286268, "relative_strength": 3.329051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.427198, "energy": 28.49657, "activity_lines": [ 60.410615, 60.404833, 60.314026, 59.805956 ] }, { "date": "2026-06-19", "close": 59.360001, "volume": 43297, "typical_volume": 133881.25, "trend": 58.887202, "fair_value": 44.458203, "relative_strength": 1.714101, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.205917, "energy": 7.171368, "activity_lines": [ 60.074892, 60.206156, 60.225474, 59.851687 ] }, { "date": "2026-06-26", "close": 59.27, "volume": 8020, "typical_volume": 110762.05, "trend": 59.070726, "fair_value": 44.624634, "relative_strength": 0.120006, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.363626, "energy": 9.00786, "activity_lines": [ 59.751687, 60.016672, 60.126337, 59.876384 ] }, { "date": "2026-07-03", "close": 60.52, "volume": 8437, "typical_volume": 96134.0, "trend": 59.280671, "fair_value": 44.801166, "relative_strength": 0.548618, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.90645, "energy": 11.167589, "activity_lines": [ 59.957333, 60.080224, 60.151207, 59.969886 ] }, { "date": "2026-07-10", "close": 60.810001, "volume": 123507, "typical_volume": 97172.4, "trend": 59.474224, "fair_value": 44.972052, "relative_strength": 2.665752, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.390712, "energy": 16.985589, "activity_lines": [ 60.235334, 60.19041, 60.207351, 60.068552 ] }, { "date": "2026-07-17", "close": 61.849998, "volume": 90701, "typical_volume": 87798.45, "trend": 59.680201, "fair_value": 45.147399, "relative_strength": 3.254959, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.696395, "energy": 45.808815, "activity_lines": [ 60.796666, 60.493804, 60.364698, 60.221828 ] }, { "date": "2026-07-24", "close": 61.990002, "volume": 93793, "typical_volume": 84292.9, "trend": 59.877235, "fair_value": 45.321152, "relative_strength": 2.070874, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.917793, "energy": 63.132314, "activity_lines": [ 61.339334, 60.789334, 60.536874, 60.370847 ] }, { "date": "2026-07-31", "close": 63.305, "volume": 76211, "typical_volume": 77571.6, "trend": 60.107314, "fair_value": 45.508189, "relative_strength": 2.785068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.349484, "energy": 79.663042, "activity_lines": [ 62.145, 61.287733, 60.822668, 60.591993 ] }, { "date": "2026-08-07", "close": 63.895, "volume": 178498, "typical_volume": 79905.35, "trend": 60.360212, "fair_value": 45.701659, "relative_strength": 3.30089, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.410522, "energy": 87.613422, "activity_lines": [ 62.878334, 61.850637, 61.146272, 60.83636 ] } ], "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." } } }