{ "ticker": { "uuid": "0ee93f11-fef6-4552-b64e-b0c37688a92f", "symbol": "QSPT", "name": "FT VEST NASDAQ-100 BUFFER ETF - SEPTEMBER", "exchange": "CBOE", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 72.162, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 80.038, "architecture_energy": 58.29, "architecture_maturity": 80.623, "architecture_confidence": 60.945, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 22.67, "rotation_up": 49.37, "upward_expansion": 80.63, "deceleration": 70.95, "rotation_down": 29.22, "downward_expansion": 9.63 }, "activity_lines": [ 34.726013, 34.64474, 34.385639, 33.771262 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 35.27, "trend_reference": 33.03441, "distance_from_trend": 0.067675, "trend_direction": "Improving", "fair_value": 27.976863, "distance_from_fair_value": 0.260685, "fair_value_direction": "Weakening", "relative_strength": -2.434743, "relative_strength_direction": "Weakening", "price_momentum": 0.115081, "excess_performance": -0.010544, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.067675, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.032052, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.260685, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.013282, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.024347, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008096, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.115081, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.259209, "read": "Demand-led" } ], "volume": { "latest": 43179, "relative_activity": 0.379509, "balance": 1.259209, "dry_up": 0.623439, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.015334, "annualized_volatility": 0.103089, "from_high_reference": -0.000363, "from_low_reference": 0.180388 }, "levels": { "trend_reference": 33.03441, "fair_value_reference": 27.976863, "structural_low": 29.88, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": 0.010354, "positive_rate": 0.72973, "directional_follow_through": 0.72973, "median_excess_return": -0.003897, "regime_survival": 0.891892, "best_return": 0.055519, "worst_return": -0.057433, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.035071, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.00396, "regime_survival": 0.833333, "best_return": 0.10657, "worst_return": -0.051213, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.081729, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.015979, "regime_survival": 0.833333, "best_return": 0.151292, "worst_return": -0.009174, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.164322, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.014303, "regime_survival": 0.666667, "best_return": 0.294592, "worst_return": 0.061486, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.003992, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.023911, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-03-14", "tenure": "Extended", "return": 0.018728, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.014334, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.046632, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": 0.098919, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.036322, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-04", "end": "2025-11-21", "tenure": "Established", "return": 0.033378, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.004114, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-02-20", "tenure": "Developing", "return": 0.001711, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.026299, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.060752, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.011832, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.047996, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 21.2898, "volume": 94744, "typical_volume": 94016.65, "trend": 19.8736, "fair_value": 19.002526, "relative_strength": 5.147467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.440304, "energy": 56.237751, "activity_lines": [ 21.469427, 21.46936, 21.091633, 20.579477 ] }, { "date": "2023-08-25", "close": 21.5894, "volume": 50336, "typical_volume": 89214.25, "trend": 19.98819, "fair_value": 19.028139, "relative_strength": 5.670151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.076763, "energy": 51.067356, "activity_lines": [ 21.490793, 21.501389, 21.184626, 20.690173 ] }, { "date": "2023-09-01", "close": 21.9943, "volume": 119185, "typical_volume": 91044.85, "trend": 20.102677, "fair_value": 19.057219, "relative_strength": 4.859744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.40867, "energy": 60.936267, "activity_lines": [ 21.647153, 21.599231, 21.304565, 20.8196 ] }, { "date": "2023-09-08", "close": 21.9893, "volume": 53251, "typical_volume": 89399.35, "trend": 20.226663, "fair_value": 19.085685, "relative_strength": 6.029231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.810143, "energy": 74.243379, "activity_lines": [ 21.78356, 21.679898, 21.410653, 20.941317 ] }, { "date": "2023-09-15", "close": 22.15, "volume": 510144, "typical_volume": 110725.6, "trend": 20.35339, "fair_value": 19.11515, "relative_strength": 6.774504, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.482522, "energy": 91.119351, "activity_lines": [ 21.943913, 21.777885, 21.518512, 21.065404 ] }, { "date": "2023-09-22", "close": 21.68, "volume": 781131, "typical_volume": 144832.0, "trend": 20.47861, "fair_value": 19.139577, "relative_strength": 7.490569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.253769, "energy": 76.134057, "activity_lines": [ 21.90306, 21.774587, 21.56868, 21.150991 ] }, { "date": "2023-09-29", "close": 21.68, "volume": 324553, "typical_volume": 147973.45, "trend": 20.591103, "fair_value": 19.163543, "relative_strength": 8.069745, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.907901, "energy": 56.592475, "activity_lines": [ 21.836193, 21.770415, 21.608376, 21.2285 ] }, { "date": "2023-10-06", "close": 21.94, "volume": 464351, "typical_volume": 170106.6, "trend": 20.730177, "fair_value": 19.189492, "relative_strength": 8.633048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.373501, "energy": 51.428406, "activity_lines": [ 21.849953, 21.811875, 21.662667, 21.315526 ] }, { "date": "2023-10-13", "close": 21.96, "volume": 347047, "typical_volume": 184802.55, "trend": 20.843423, "fair_value": 19.215144, "relative_strength": 8.028543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.17237, "energy": 44.022472, "activity_lines": [ 21.874, 21.852971, 21.710124, 21.394869 ] }, { "date": "2023-10-20", "close": 21.5099, "volume": 607451, "typical_volume": 207378.15, "trend": 20.93442, "fair_value": 19.236197, "relative_strength": 8.174918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.8365, "energy": 28.403286, "activity_lines": [ 21.749967, 21.804685, 21.707829, 21.437868 ] }, { "date": "2023-10-27", "close": 21.1366, "volume": 193792, "typical_volume": 207457.65, "trend": 20.9963, "fair_value": 19.253474, "relative_strength": 8.724906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.350118, "energy": 11.347205, "activity_lines": [ 21.544173, 21.688018, 21.666432, 21.450912 ] }, { "date": "2023-11-03", "close": 22.19, "volume": 213836, "typical_volume": 216531.3, "trend": 21.097633, "fair_value": 19.279929, "relative_strength": 7.551682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.378767, "energy": 24.051712, "activity_lines": [ 21.72574, 21.765664, 21.723757, 21.527925 ] }, { "date": "2023-11-10", "close": 22.6, "volume": 328063, "typical_volume": 221077.75, "trend": 21.211443, "fair_value": 19.309572, "relative_strength": 7.780964, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.611469, "energy": 39.283973, "activity_lines": [ 22.009973, 21.906935, 21.815224, 21.624852 ] }, { "date": "2023-11-17", "close": 22.8, "volume": 480622, "typical_volume": 240768.5, "trend": 21.3332, "fair_value": 19.340461, "relative_strength": 6.024101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.102174, "energy": 61.935109, "activity_lines": [ 22.316873, 22.073556, 21.918595, 21.727339 ] }, { "date": "2023-11-24", "close": 23.03, "volume": 108834, "typical_volume": 245040.05, "trend": 21.45304, "fair_value": 19.372825, "relative_strength": 5.763234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.205931, "energy": 83.630254, "activity_lines": [ 22.64444, 22.267256, 22.036894, 21.83681 ] }, { "date": "2023-12-01", "close": 23.06, "volume": 222805, "typical_volume": 254071.1, "trend": 21.57235, "fair_value": 19.404888, "relative_strength": 4.784761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.894562, "energy": 85.618412, "activity_lines": [ 22.880667, 22.450411, 22.149714, 21.940485 ] }, { "date": "2023-12-08", "close": 23.18, "volume": 186874, "typical_volume": 259464.8, "trend": 21.693513, "fair_value": 19.437432, "relative_strength": 4.845844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.019513, "energy": 85.660587, "activity_lines": [ 23.028667, 22.630293, 22.267161, 22.044204 ] }, { "date": "2023-12-15", "close": 23.56, "volume": 171470, "typical_volume": 266663.2, "trend": 21.80868, "fair_value": 19.472668, "relative_strength": 3.852903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.605064, "energy": 87.734867, "activity_lines": [ 23.237333, 22.851993, 22.413227, 22.164623 ] }, { "date": "2023-12-22", "close": 23.73, "volume": 781800, "typical_volume": 302830.0, "trend": 21.915887, "fair_value": 19.508747, "relative_strength": 3.414802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.514506, "energy": 89.231369, "activity_lines": [ 23.438667, 23.075147, 22.566721, 22.288579 ] }, { "date": "2023-12-29", "close": 23.82, "volume": 85939, "typical_volume": 306311.4, "trend": 22.017727, "fair_value": 19.544976, "relative_strength": 3.201251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.922979, "energy": 87.372442, "activity_lines": [ 23.608, 23.282484, 22.718382, 22.411425 ] }, { "date": "2024-01-05", "close": 23.42, "volume": 116277, "typical_volume": 307388.05, "trend": 22.105063, "fair_value": 19.577268, "relative_strength": 2.821358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.051279, "energy": 77.722555, "activity_lines": [ 23.591333, 23.375091, 22.820814, 22.501894 ] }, { "date": "2024-01-12", "close": 23.91, "volume": 70228, "typical_volume": 308382.65, "trend": 22.196727, "fair_value": 19.613075, "relative_strength": 2.807387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.155902, "energy": 78.037643, "activity_lines": [ 23.714, 23.515273, 22.959769, 22.618342 ] }, { "date": "2024-01-19", "close": 24.17, "volume": 54027, "typical_volume": 305124.75, "trend": 22.29907, "fair_value": 19.650427, "relative_strength": 2.475618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.498471, "energy": 73.675199, "activity_lines": [ 23.874667, 23.671455, 23.112435, 22.74565 ] }, { "date": "2024-01-26", "close": 24.24, "volume": 181475, "typical_volume": 311535.95, "trend": 22.395907, "fair_value": 19.687741, "relative_strength": 1.550453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.517432, "energy": 75.786685, "activity_lines": [ 24.018, 23.811818, 23.261408, 22.870871 ] }, { "date": "2024-02-02", "close": 24.37, "volume": 118710, "typical_volume": 291964.25, "trend": 22.49893, "fair_value": 19.725501, "relative_strength": 0.519759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.535285, "energy": 89.843701, "activity_lines": [ 24.170667, 23.949636, 23.412043, 22.998232 ] }, { "date": "2024-02-09", "close": 24.6, "volume": 44295, "typical_volume": 255122.45, "trend": 22.597867, "fair_value": 19.764497, "relative_strength": -0.060302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.906254, "energy": 91.916238, "activity_lines": [ 24.363333, 24.104909, 23.574012, 23.133785 ] }, { "date": "2024-02-16", "close": 24.45, "volume": 52862, "typical_volume": 241537.9, "trend": 22.693207, "fair_value": 19.801683, "relative_strength": -0.458565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.774963, "energy": 87.361106, "activity_lines": [ 24.427333, 24.204909, 23.707791, 23.253277 ] }, { "date": "2024-02-23", "close": 24.62, "volume": 118216, "typical_volume": 224231.15, "trend": 22.789873, "fair_value": 19.839623, "relative_strength": -1.511456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.851599, "energy": 83.541303, "activity_lines": [ 24.512, 24.312727, 23.84457, 23.377586 ] }, { "date": "2024-03-01", "close": 24.8598, "volume": 106979, "typical_volume": 212227.75, "trend": 22.900367, "fair_value": 19.878843, "relative_strength": -1.617513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.772615, "energy": 71.833673, "activity_lines": [ 24.6466, 24.444873, 23.991424, 23.51113 ] }, { "date": "2024-03-08", "close": 24.73, "volume": 104078, "typical_volume": 187059.1, "trend": 23.008637, "fair_value": 19.916449, "relative_strength": -1.975568, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.815176, "energy": 67.263611, "activity_lines": [ 24.696613, 24.532876, 24.112109, 23.629171 ] }, { "date": "2024-03-15", "close": 24.6116, "volume": 342988, "typical_volume": 194518.9, "trend": 23.119363, "fair_value": 19.952565, "relative_strength": -2.387957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.074689, "energy": 65.588266, "activity_lines": [ 24.68316, 24.582807, 24.206183, 23.732588 ] }, { "date": "2024-03-22", "close": 24.9694, "volume": 393697, "typical_volume": 203511.95, "trend": 23.23203, "fair_value": 19.990862, "relative_strength": -3.122114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.544539, "energy": 69.3226, "activity_lines": [ 24.7882, 24.676127, 24.317786, 23.851945 ] }, { "date": "2024-03-29", "close": 24.96, "volume": 221082, "typical_volume": 198162.9, "trend": 23.330887, "fair_value": 20.028507, "relative_strength": -3.500593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.359551, "energy": 66.445653, "activity_lines": [ 24.85548, 24.748476, 24.415258, 23.963427 ] }, { "date": "2024-04-05", "close": 24.91, "volume": 68877, "typical_volume": 177575.65, "trend": 23.428243, "fair_value": 20.06521, "relative_strength": -2.853388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.971517, "energy": 64.165042, "activity_lines": [ 24.883427, 24.797371, 24.49673, 24.065305 ] }, { "date": "2024-04-12", "close": 24.8153, "volume": 107552, "typical_volume": 177511.55, "trend": 23.517087, "fair_value": 20.100658, "relative_strength": -1.839533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.597364, "energy": 62.934569, "activity_lines": [ 24.87646, 24.816865, 24.559136, 24.154793 ] }, { "date": "2024-04-19", "close": 24.15, "volume": 157168, "typical_volume": 174229.7, "trend": 23.59942, "fair_value": 20.130653, "relative_strength": -1.50715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.689591, "energy": 38.482272, "activity_lines": [ 24.64204, 24.7073, 24.549679, 24.195626 ] }, { "date": "2024-04-26", "close": 24.72, "volume": 103592, "typical_volume": 170065.6, "trend": 23.700753, "fair_value": 20.164399, "relative_strength": -1.82785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.524307, "energy": 30.348765, "activity_lines": [ 24.628393, 24.709553, 24.589316, 24.267922 ] }, { "date": "2024-05-03", "close": 24.9361, "volume": 70516, "typical_volume": 165017.9, "trend": 23.800623, "fair_value": 20.199228, "relative_strength": -1.589827, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.990828, "energy": 32.367261, "activity_lines": [ 24.703407, 24.746187, 24.642201, 24.347621 ] }, { "date": "2024-05-10", "close": 25.1902, "volume": 25723, "typical_volume": 127214.05, "trend": 23.908297, "fair_value": 20.235395, "relative_strength": -2.416879, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.0727, "energy": 44.525397, "activity_lines": [ 24.864713, 24.823275, 24.712734, 24.437271 ] }, { "date": "2024-05-17", "close": 25.4476, "volume": 96249, "typical_volume": 127729.55, "trend": 24.039553, "fair_value": 20.272893, "relative_strength": -2.997951, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.752242, "energy": 61.194474, "activity_lines": [ 25.09314, 24.941155, 24.800827, 24.536581 ] }, { "date": "2024-05-24", "close": 25.6254, "volume": 73679, "typical_volume": 125599.65, "trend": 24.18918, "fair_value": 20.311125, "relative_strength": -2.274723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.649317, "energy": 88.063961, "activity_lines": [ 25.33868, 25.078315, 24.898103, 24.638894 ] }, { "date": "2024-05-31", "close": 25.509, "volume": 24090, "typical_volume": 123292.75, "trend": 24.299813, "fair_value": 20.347989, "relative_strength": -2.3041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.472043, "energy": 86.13814, "activity_lines": [ 25.44706, 25.175878, 24.973792, 24.724044 ] }, { "date": "2024-06-07", "close": 25.7378, "volume": 162193, "typical_volume": 128701.05, "trend": 24.404407, "fair_value": 20.385946, "relative_strength": -2.619807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.952063, "energy": 89.435715, "activity_lines": [ 25.579107, 25.305231, 25.063657, 24.816817 ] }, { "date": "2024-06-14", "close": 25.97, "volume": 190113, "typical_volume": 129132.95, "trend": 24.510073, "fair_value": 20.424995, "relative_strength": -3.297931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.276449, "energy": 90.974597, "activity_lines": [ 25.735107, 25.46266, 25.16817, 24.917823 ] }, { "date": "2024-06-21", "close": 25.9598, "volume": 41705, "typical_volume": 125282.7, "trend": 24.607733, "fair_value": 20.463431, "relative_strength": -3.889449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.282689, "energy": 84.424205, "activity_lines": [ 25.83572, 25.598962, 25.263474, 25.011354 ] }, { "date": "2024-06-28", "close": 26.0251, "volume": 642256, "typical_volume": 155180.75, "trend": 24.70657, "fair_value": 20.501788, "relative_strength": -3.559496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.704499, "energy": 81.544942, "activity_lines": [ 25.923953, 25.726327, 25.357426, 25.102797 ] }, { "date": "2024-07-05", "close": 26.15, "volume": 97501, "typical_volume": 157412.7, "trend": 24.80557, "fair_value": 20.540474, "relative_strength": -4.841275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.317577, "energy": 81.200455, "activity_lines": [ 26.027173, 25.842309, 25.456488, 25.195921 ] }, { "date": "2024-07-12", "close": 26.174, "volume": 64937, "typical_volume": 154748.75, "trend": 24.892703, "fair_value": 20.578797, "relative_strength": -5.587493, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.401174, "energy": 77.186511, "activity_lines": [ 26.09566, 25.936655, 25.54974, 25.284207 ] }, { "date": "2024-07-19", "close": 26.0275, "volume": 55632, "typical_volume": 152181.4, "trend": 24.969287, "fair_value": 20.615613, "relative_strength": -4.197296, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.17134, "energy": 71.68022, "activity_lines": [ 26.086233, 25.981856, 25.621639, 25.35742 ] }, { "date": "2024-07-26", "close": 25.882, "volume": 113403, "typical_volume": 152647.65, "trend": 25.03802, "fair_value": 20.650958, "relative_strength": -3.91184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.822007, "energy": 63.076791, "activity_lines": [ 26.024473, 25.98538, 25.674121, 25.416305 ] }, { "date": "2024-08-02", "close": 25.5231, "volume": 32415, "typical_volume": 137119.0, "trend": 25.108123, "fair_value": 20.683439, "relative_strength": -3.15457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.545612, "energy": 42.452591, "activity_lines": [ 25.848267, 25.915751, 25.686936, 25.4476 ] }, { "date": "2024-08-09", "close": 25.7249, "volume": 30005, "typical_volume": 118934.4, "trend": 25.16862, "fair_value": 20.716826, "relative_strength": -2.381947, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.305214, "energy": 24.073707, "activity_lines": [ 25.772793, 25.884673, 25.71463, 25.487392 ] }, { "date": "2024-08-16", "close": 26.2802, "volume": 42532, "typical_volume": 110006.9, "trend": 25.23896, "fair_value": 20.753427, "relative_strength": -4.033923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.112053, "energy": 33.939403, "activity_lines": [ 25.91076, 25.950633, 25.791612, 25.559107 ] }, { "date": "2024-08-23", "close": 26.34, "volume": 46022, "typical_volume": 108864.15, "trend": 25.30896, "fair_value": 20.789941, "relative_strength": -5.04632, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.699339, "energy": 44.767021, "activity_lines": [ 26.06158, 26.017604, 25.868002, 25.630142 ] }, { "date": "2024-08-30", "close": 26.4202, "volume": 24815, "typical_volume": 104727.3, "trend": 25.3773, "fair_value": 20.826501, "relative_strength": -4.924178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.580931, "energy": 56.935543, "activity_lines": [ 26.2183, 26.092429, 25.945221, 25.701835 ] }, { "date": "2024-09-06", "close": 26.0405, "volume": 88671, "typical_volume": 101302.45, "trend": 25.425317, "fair_value": 20.860139, "relative_strength": -2.175441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.837391, "energy": 56.694701, "activity_lines": [ 26.212573, 26.089847, 25.978636, 25.744622 ] }, { "date": "2024-09-13", "close": 26.55, "volume": 68464, "typical_volume": 99546.05, "trend": 25.495317, "fair_value": 20.896613, "relative_strength": -3.982187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.155036, "energy": 58.549825, "activity_lines": [ 26.342187, 26.179622, 26.051572, 25.817182 ] }, { "date": "2024-09-20", "close": 26.57, "volume": 395776, "typical_volume": 115809.05, "trend": 25.560317, "fair_value": 20.937384, "relative_strength": -5.097236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.387809, "energy": 53.865463, "activity_lines": [ 26.42346, 26.26576, 26.117699, 25.886516 ] }, { "date": "2024-09-27", "close": 26.74, "volume": 899011, "typical_volume": 159473.45, "trend": 25.62299, "fair_value": 20.981964, "relative_strength": -4.856919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.76075, "energy": 52.407902, "activity_lines": [ 26.54208, 26.375607, 26.192236, 25.962625 ] }, { "date": "2024-10-04", "close": 26.75, "volume": 337237, "typical_volume": 171522.85, "trend": 25.690323, "fair_value": 21.026416, "relative_strength": -4.883048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.503639, "energy": 53.897892, "activity_lines": [ 26.637367, 26.474318, 26.260345, 26.035335 ] }, { "date": "2024-10-11", "close": 26.93, "volume": 223670, "typical_volume": 179022.4, "trend": 25.767603, "fair_value": 21.070262, "relative_strength": -5.143248, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.537743, "energy": 59.330302, "activity_lines": [ 26.770667, 26.589975, 26.339395, 26.115314 ] }, { "date": "2024-10-18", "close": 26.97, "volume": 491033, "typical_volume": 202369.55, "trend": 25.83429, "fair_value": 21.113339, "relative_strength": -5.607973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.705241, "energy": 58.004561, "activity_lines": [ 26.858, 26.687324, 26.416042, 26.192888 ] }, { "date": "2024-10-25", "close": 26.99, "volume": 113665, "typical_volume": 199943.15, "trend": 25.901957, "fair_value": 21.154237, "relative_strength": -4.423727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.012501, "energy": 52.693583, "activity_lines": [ 26.924, 26.765671, 26.487637, 26.26745 ] }, { "date": "2024-11-01", "close": 26.79, "volume": 112398, "typical_volume": 196057.4, "trend": 25.964623, "fair_value": 21.19226, "relative_strength": -3.619505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.908718, "energy": 46.310106, "activity_lines": [ 26.895333, 26.794749, 26.534221, 26.324743 ] }, { "date": "2024-11-08", "close": 27.55, "volume": 118515, "typical_volume": 199897.9, "trend": 26.05578, "fair_value": 21.23571, "relative_strength": -5.161538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.136873, "energy": 63.95345, "activity_lines": [ 27.116667, 26.953827, 26.649281, 26.427026 ] }, { "date": "2024-11-15", "close": 27.14, "volume": 151806, "typical_volume": 175375.4, "trend": 26.155447, "fair_value": 21.275295, "relative_strength": -4.402115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.183259, "energy": 50.84147, "activity_lines": [ 27.148, 27.017818, 26.717722, 26.496975 ] }, { "date": "2024-11-22", "close": 27.44, "volume": 110205, "typical_volume": 176010.6, "trend": 26.246113, "fair_value": 21.319141, "relative_strength": -4.733326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.064344, "energy": 58.176263, "activity_lines": [ 27.265333, 27.116364, 26.809425, 26.57985 ] }, { "date": "2024-11-29", "close": 27.575, "volume": 58298, "typical_volume": 175678.65, "trend": 26.334077, "fair_value": 21.365959, "relative_strength": -5.189187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.347041, "energy": 69.676682, "activity_lines": [ 27.396333, 27.223273, 26.907842, 26.665585 ] }, { "date": "2024-12-06", "close": 27.9804, "volume": 95179, "typical_volume": 177656.0, "trend": 26.427083, "fair_value": 21.411938, "relative_strength": -4.436823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.453427, "energy": 73.588046, "activity_lines": [ 27.623467, 27.385618, 27.038197, 26.771799 ] }, { "date": "2024-12-13", "close": 28.035, "volume": 77715, "typical_volume": 175871.6, "trend": 26.51333, "fair_value": 21.460267, "relative_strength": -3.515198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.858645, "energy": 87.831968, "activity_lines": [ 27.78944, 27.535338, 27.164453, 26.875535 ] }, { "date": "2024-12-20", "close": 27.7, "volume": 70829, "typical_volume": 177792.3, "trend": 26.582483, "fair_value": 21.504562, "relative_strength": -2.734317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.358069, "energy": 74.028499, "activity_lines": [ 27.811413, 27.600785, 27.248551, 26.952095 ] }, { "date": "2024-12-27", "close": 27.9248, "volume": 75673, "typical_volume": 180075.7, "trend": 26.66301, "fair_value": 21.549603, "relative_strength": -2.432079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.168531, "energy": 71.191309, "activity_lines": [ 27.870987, 27.693105, 27.343693, 27.038696 ] }, { "date": "2025-01-03", "close": 27.8852, "volume": 62303, "typical_volume": 181064.25, "trend": 26.73459, "fair_value": 21.597072, "relative_strength": -1.926209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.893709, "energy": 54.475801, "activity_lines": [ 27.88504, 27.760865, 27.424588, 27.117547 ] }, { "date": "2025-01-10", "close": 27.57, "volume": 69179, "typical_volume": 182222.1, "trend": 26.787923, "fair_value": 21.642587, "relative_strength": -0.989373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.496744, "energy": 42.990231, "activity_lines": [ 27.773347, 27.75504, 27.467821, 27.171444 ] }, { "date": "2025-01-17", "close": 28.0489, "volume": 60540, "typical_volume": 184008.35, "trend": 26.85756, "fair_value": 21.697274, "relative_strength": -2.000787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.020361, "energy": 45.132502, "activity_lines": [ 27.848647, 27.822105, 27.550806, 27.252798 ] }, { "date": "2025-01-24", "close": 28.2501, "volume": 50982, "typical_volume": 182123.9, "trend": 26.931727, "fair_value": 21.753269, "relative_strength": -2.83232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.556887, "energy": 48.51968, "activity_lines": [ 27.990087, 27.916682, 27.645198, 27.342639 ] }, { "date": "2025-01-31", "close": 28.1102, "volume": 107284, "typical_volume": 184064.9, "trend": 26.997067, "fair_value": 21.806728, "relative_strength": -2.198822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.917215, "energy": 45.550149, "activity_lines": [ 28.04822, 27.965638, 27.715743, 27.418669 ] }, { "date": "2025-02-07", "close": 28.22, "volume": 134811, "typical_volume": 171016.65, "trend": 27.065267, "fair_value": 21.863247, "relative_strength": -1.53664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.287351, "energy": 52.880666, "activity_lines": [ 28.130593, 28.022373, 27.789317, 27.497568 ] }, { "date": "2025-02-14", "close": 28.555, "volume": 73210, "typical_volume": 129726.6, "trend": 27.149517, "fair_value": 21.92322, "relative_strength": -1.718462, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.365672, "energy": 69.745015, "activity_lines": [ 28.302313, 28.128289, 27.886938, 27.59368 ] }, { "date": "2025-02-21", "close": 28.292, "volume": 194273, "typical_volume": 122578.4, "trend": 27.22985, "fair_value": 21.980476, "relative_strength": -0.961894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.015468, "energy": 53.979245, "activity_lines": [ 28.3207, 28.17594, 27.950868, 27.667389 ] }, { "date": "2025-02-28", "close": 27.74, "volume": 256602, "typical_volume": 124225.0, "trend": 27.303747, "fair_value": 22.036352, "relative_strength": -1.85738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.021615, "energy": 36.81951, "activity_lines": [ 28.13888, 28.118555, 27.954884, 27.700302 ] }, { "date": "2025-03-07", "close": 27.2617, "volume": 361036, "typical_volume": 117725.15, "trend": 27.354973, "fair_value": 22.092209, "relative_strength": -0.426706, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.083277, "energy": 10.267409, "activity_lines": [ 27.831633, 27.973478, 27.909491, 27.697589 ] }, { "date": "2025-03-14", "close": 26.915, "volume": 605171, "typical_volume": 142300.45, "trend": 27.376133, "fair_value": 22.138844, "relative_strength": 0.634284, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -10.640362, "energy": 22.055596, "activity_lines": [ 27.465387, 27.777422, 27.82969, 27.669204 ] }, { "date": "2025-03-21", "close": 26.88, "volume": 90281, "typical_volume": 141194.6, "trend": 27.394133, "fair_value": 22.184043, "relative_strength": 0.028745, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.463159, "energy": 38.593454, "activity_lines": [ 27.174473, 27.592642, 27.746912, 27.637195 ] }, { "date": "2025-03-28", "close": 26.4947, "volume": 144616, "typical_volume": 142499.65, "trend": 27.396617, "fair_value": 22.225812, "relative_strength": 0.097162, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -39.198284, "energy": 58.216793, "activity_lines": [ 26.866793, 27.350353, 27.62701, 27.579167 ] }, { "date": "2025-04-04", "close": 24.6505, "volume": 318036, "typical_volume": 150811.15, "trend": 27.350283, "fair_value": 22.25871, "relative_strength": 2.410209, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -66.556103, "energy": 81.24478, "activity_lines": [ 26.0642, 26.801013, 27.336496, 27.401998 ] }, { "date": "2025-04-11", "close": 25.8, "volume": 151458, "typical_volume": 152873.8, "trend": 27.325283, "fair_value": 22.301313, "relative_strength": 1.468203, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.322919, "energy": 78.969816, "activity_lines": [ 25.85074, 26.52612, 27.167313, 27.30198 ] }, { "date": "2025-04-18", "close": 25.4885, "volume": 21864, "typical_volume": 151052.1, "trend": 27.289233, "fair_value": 22.344999, "relative_strength": 1.716948, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.217548, "energy": 80.151676, "activity_lines": [ 25.630893, 26.236595, 26.976272, 27.183478 ] }, { "date": "2025-04-25", "close": 26.6104, "volume": 77093, "typical_volume": 150147.8, "trend": 27.284913, "fair_value": 22.398939, "relative_strength": 1.559276, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.556935, "energy": 53.67086, "activity_lines": [ 25.880113, 26.200715, 26.902015, 27.139682 ] }, { "date": "2025-05-02", "close": 27.2425, "volume": 57374, "typical_volume": 149130.75, "trend": 27.30133, "fair_value": 22.457334, "relative_strength": 1.068537, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.198187, "energy": 27.684642, "activity_lines": [ 26.358007, 26.315118, 26.894482, 27.136946 ] }, { "date": "2025-05-09", "close": 27.2148, "volume": 60103, "typical_volume": 148594.45, "trend": 27.310823, "fair_value": 22.517642, "relative_strength": 1.429671, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.437086, "energy": 19.6219, "activity_lines": [ 26.776813, 26.443567, 26.888084, 27.131363 ] }, { "date": "2025-05-16", "close": 28.4152, "volume": 58018, "typical_volume": 147711.7, "trend": 27.358997, "fair_value": 22.589115, "relative_strength": 0.616384, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.040914, "energy": 25.725407, "activity_lines": [ 27.4248, 26.79982, 26.998321, 27.202613 ] }, { "date": "2025-05-23", "close": 28.0098, "volume": 55730, "typical_volume": 147383.05, "trend": 27.39299, "fair_value": 22.651999, "relative_strength": 1.791972, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 12.351114, "energy": 26.634733, "activity_lines": [ 27.763307, 27.061391, 27.067613, 27.244601 ] }, { "date": "2025-05-30", "close": 28.429, "volume": 31959, "typical_volume": 145522.05, "trend": 27.447623, "fair_value": 22.718403, "relative_strength": 1.544213, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.056336, "energy": 36.869513, "activity_lines": [ 28.07346, 27.379275, 27.176235, 27.31144 ] }, { "date": "2025-06-06", "close": 28.7985, "volume": 52428, "typical_volume": 145116.45, "trend": 27.48924, "fair_value": 22.791838, "relative_strength": 1.220505, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.100035, "energy": 53.553199, "activity_lines": [ 28.38554, 27.736176, 27.315958, 27.398593 ] }, { "date": "2025-06-13", "close": 28.6125, "volume": 52834, "typical_volume": 145209.05, "trend": 27.538323, "fair_value": 22.868478, "relative_strength": 0.948769, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.321398, "energy": 53.40792, "activity_lines": [ 28.531887, 28.017373, 27.434396, 27.471062 ] }, { "date": "2025-06-20", "close": 28.7406, "volume": 73196, "typical_volume": 143504.65, "trend": 27.581677, "fair_value": 22.939743, "relative_strength": 1.559988, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.296796, "energy": 55.0863, "activity_lines": [ 28.627753, 28.249824, 27.563309, 27.548628 ] }, { "date": "2025-06-27", "close": 29.4616, "volume": 491682, "typical_volume": 161348.2, "trend": 27.644563, "fair_value": 23.019381, "relative_strength": 0.635434, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.673195, "energy": 70.988545, "activity_lines": [ 28.94226, 28.5599, 27.757887, 27.669913 ] }, { "date": "2025-07-04", "close": 29.66, "volume": 26319, "typical_volume": 159003.65, "trend": 27.70055, "fair_value": 23.095826, "relative_strength": -0.364457, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.864795, "energy": 78.585375, "activity_lines": [ 29.226113, 28.833811, 27.965447, 27.799942 ] }, { "date": "2025-07-11", "close": 29.73, "volume": 39021, "typical_volume": 151241.05, "trend": 27.75705, "fair_value": 23.173877, "relative_strength": 0.131887, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.634672, "energy": 88.114146, "activity_lines": [ 29.451233, 29.065002, 28.174412, 27.930874 ] }, { "date": "2025-07-18", "close": 29.94, "volume": 56872, "typical_volume": 141254.55, "trend": 27.831717, "fair_value": 23.250106, "relative_strength": 0.214694, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.997478, "energy": 90.221489, "activity_lines": [ 29.684253, 29.289147, 28.39653, 28.071709 ] }, { "date": "2025-07-25", "close": 30.1542, "volume": 45672, "typical_volume": 125486.35, "trend": 27.90603, "fair_value": 23.323354, "relative_strength": -0.544431, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.15259, "energy": 91.827485, "activity_lines": [ 29.900173, 29.502689, 28.628571, 28.221547 ] }, { "date": "2025-08-01", "close": 29.8401, "volume": 28046, "typical_volume": 96630.1, "trend": 27.971193, "fair_value": 23.392875, "relative_strength": 0.874406, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.823421, "energy": 87.040221, "activity_lines": [ 29.917153, 29.627504, 28.816925, 28.346326 ] }, { "date": "2025-08-08", "close": 30.38, "volume": 43736, "typical_volume": 94302.85, "trend": 28.06486, "fair_value": 23.463644, "relative_strength": 0.255783, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.671551, "energy": 90.782169, "activity_lines": [ 30.088867, 29.817204, 29.042768, 28.501732 ] }, { "date": "2025-08-15", "close": 30.52, "volume": 30931, "typical_volume": 88618.6, "trend": 28.14723, "fair_value": 23.536529, "relative_strength": -0.23921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.506449, "energy": 92.183316, "activity_lines": [ 30.259247, 29.996885, 29.265278, 28.660129 ] }, { "date": "2025-08-22", "close": 30.5014, "volume": 24047, "typical_volume": 73919.15, "trend": 28.222273, "fair_value": 23.613397, "relative_strength": -0.58195, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.178237, "energy": 86.31063, "activity_lines": [ 30.37076, 30.141885, 29.466849, 28.812011 ] }, { "date": "2025-08-29", "close": 30.5203, "volume": 34254, "typical_volume": 68058.95, "trend": 28.30261, "fair_value": 23.695019, "relative_strength": -0.474669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.223056, "energy": 86.406152, "activity_lines": [ 30.451147, 30.255978, 29.642358, 28.96027 ] }, { "date": "2025-09-05", "close": 30.72, "volume": 21049, "typical_volume": 68018.2, "trend": 28.385943, "fair_value": 23.773621, "relative_strength": -0.108806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.389009, "energy": 85.432709, "activity_lines": [ 30.573693, 30.374022, 29.814408, 29.116231 ] }, { "date": "2025-09-12", "close": 30.9019, "volume": 23793, "typical_volume": 65353.2, "trend": 28.464173, "fair_value": 23.859338, "relative_strength": -1.038829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.029892, "energy": 71.87018, "activity_lines": [ 30.698213, 30.502258, 29.97887, 29.278551 ] }, { "date": "2025-09-19", "close": 30.98, "volume": 253858, "typical_volume": 75177.4, "trend": 28.553773, "fair_value": 23.94953, "relative_strength": -1.973772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.422783, "energy": 71.371734, "activity_lines": [ 30.813973, 30.622115, 30.130335, 29.440862 ] }, { "date": "2025-09-26", "close": 30.85, "volume": 1020787, "typical_volume": 123211.6, "trend": 28.65744, "fair_value": 24.04112, "relative_strength": -2.078391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.820479, "energy": 67.124198, "activity_lines": [ 30.855733, 30.695607, 30.251621, 29.589006 ] }, { "date": "2025-10-03", "close": 31.09, "volume": 646813, "typical_volume": 152651.35, "trend": 28.78505, "fair_value": 24.134197, "relative_strength": -2.375065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.984572, "energy": 69.582656, "activity_lines": [ 30.954253, 30.796191, 30.378454, 29.745945 ] }, { "date": "2025-10-10", "close": 30.62, "volume": 462879, "typical_volume": 173008.8, "trend": 28.90855, "fair_value": 24.226342, "relative_strength": -1.46165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.447282, "energy": 62.465585, "activity_lines": [ 30.858127, 30.794305, 30.447788, 29.864329 ] }, { "date": "2025-10-17", "close": 31.09, "volume": 112807, "typical_volume": 177051.2, "trend": 29.048883, "fair_value": 24.317303, "relative_strength": -1.665381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.225009, "energy": 62.047222, "activity_lines": [ 30.925333, 30.863695, 30.549454, 30.005068 ] }, { "date": "2025-10-24", "close": 31.4685, "volume": 406836, "typical_volume": 194771.6, "trend": 29.214677, "fair_value": 24.408928, "relative_strength": -2.330128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.293246, "energy": 64.939001, "activity_lines": [ 31.106167, 30.988993, 30.674497, 30.161172 ] }, { "date": "2025-10-31", "close": 31.72, "volume": 125512, "typical_volume": 198405.5, "trend": 29.450327, "fair_value": 24.506642, "relative_strength": -2.205234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.119422, "energy": 68.682658, "activity_lines": [ 31.338267, 31.142773, 30.810777, 30.322806 ] }, { "date": "2025-11-07", "close": 31.15, "volume": 157369, "typical_volume": 202614.15, "trend": 29.62866, "fair_value": 24.593821, "relative_strength": -2.367824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.906521, "energy": 58.697527, "activity_lines": [ 31.322367, 31.17076, 30.877974, 30.432462 ] }, { "date": "2025-11-14", "close": 31.1389, "volume": 150443, "typical_volume": 185552.2, "trend": 29.817007, "fair_value": 24.681922, "relative_strength": -2.52028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.425439, "energy": 51.75245, "activity_lines": [ 31.298767, 31.18528, 30.932641, 30.529897 ] }, { "date": "2025-11-21", "close": 30.65, "volume": 253272, "typical_volume": 196899.85, "trend": 29.95166, "fair_value": 24.766038, "relative_strength": -2.167562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.481109, "energy": 33.139828, "activity_lines": [ 31.077607, 31.103293, 30.932759, 30.583638 ] }, { "date": "2025-11-28", "close": 31.6, "volume": 129035, "typical_volume": 201400.55, "trend": 30.09691, "fair_value": 24.854243, "relative_strength": -2.727578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.67307, "energy": 36.133253, "activity_lines": [ 31.202447, 31.198613, 31.018638, 30.689983 ] }, { "date": "2025-12-05", "close": 31.73, "volume": 232158, "typical_volume": 210164.85, "trend": 30.247417, "fair_value": 24.946358, "relative_strength": -2.642519, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.893785, "energy": 40.381784, "activity_lines": [ 31.361853, 31.306296, 31.107994, 30.795344 ] }, { "date": "2025-12-12", "close": 31.4961, "volume": 88029, "typical_volume": 212282.7, "trend": 30.350113, "fair_value": 25.03941, "relative_strength": -2.773101, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.837207, "energy": 37.363395, "activity_lines": [ 31.442627, 31.355453, 31.16655, 30.875904 ] }, { "date": "2025-12-19", "close": 31.6503, "volume": 90455, "typical_volume": 215403.15, "trend": 30.471463, "fair_value": 25.134893, "relative_strength": -2.379405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.830958, "energy": 43.657965, "activity_lines": [ 31.551727, 31.425262, 31.233401, 30.959787 ] }, { "date": "2025-12-26", "close": 31.9, "volume": 136206, "typical_volume": 220026.65, "trend": 30.587163, "fair_value": 25.232713, "relative_strength": -2.944887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.815291, "energy": 55.837864, "activity_lines": [ 31.709967, 31.521738, 31.315413, 31.051951 ] }, { "date": "2026-01-02", "close": 31.6202, "volume": 36035, "typical_volume": 220281.85, "trend": 30.68122, "fair_value": 25.327779, "relative_strength": -2.736728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.915637, "energy": 41.052508, "activity_lines": [ 31.691607, 31.552615, 31.36354, 31.118598 ] }, { "date": "2026-01-09", "close": 32.0457, "volume": 76368, "typical_volume": 222897.9, "trend": 30.79566, "fair_value": 25.421628, "relative_strength": -2.902159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.234014, "energy": 51.540257, "activity_lines": [ 31.813733, 31.658096, 31.446951, 31.206629 ] }, { "date": "2026-01-16", "close": 31.916, "volume": 90936, "typical_volume": 225732.0, "trend": 30.901507, "fair_value": 25.514054, "relative_strength": -2.905455, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.740441, "energy": 47.167229, "activity_lines": [ 31.87158, 31.734075, 31.510657, 31.278909 ] }, { "date": "2026-01-23", "close": 32.02, "volume": 144147, "typical_volume": 231886.9, "trend": 30.986787, "fair_value": 25.602954, "relative_strength": -2.223761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.769893, "energy": 42.42333, "activity_lines": [ 31.9361, 31.815035, 31.57762, 31.35107 ] }, { "date": "2026-01-30", "close": 31.9075, "volume": 227890, "typical_volume": 242091.75, "trend": 31.061703, "fair_value": 25.688517, "relative_strength": -2.908123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.704893, "energy": 40.040247, "activity_lines": [ 31.938473, 31.85952, 31.62768, 31.410471 ] }, { "date": "2026-02-06", "close": 31.63, "volume": 100429, "typical_volume": 234420.3, "trend": 31.125037, "fair_value": 25.77416, "relative_strength": -3.497039, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.334606, "energy": 31.377725, "activity_lines": [ 31.847847, 31.830687, 31.646521, 31.447135 ] }, { "date": "2026-02-13", "close": 31.3335, "volume": 48207, "typical_volume": 185791.3, "trend": 31.171487, "fair_value": 25.857399, "relative_strength": -3.102012, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.730106, "energy": 15.971015, "activity_lines": [ 31.657733, 31.7474, 31.63403, 31.460584 ] }, { "date": "2026-02-20", "close": 31.55, "volume": 125902, "typical_volume": 159745.75, "trend": 31.218013, "fair_value": 25.944749, "relative_strength": -3.443107, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.416142, "energy": 17.172262, "activity_lines": [ 31.587267, 31.710685, 31.639855, 31.485005 ] }, { "date": "2026-02-27", "close": 31.56, "volume": 82269, "typical_volume": 140715.25, "trend": 31.275343, "fair_value": 26.029715, "relative_strength": -2.879823, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.099023, "energy": 17.765903, "activity_lines": [ 31.544533, 31.674809, 31.644442, 31.507068 ] }, { "date": "2026-03-06", "close": 31.25, "volume": 82389, "typical_volume": 139194.35, "trend": 31.304343, "fair_value": 26.11614, "relative_strength": -1.83091, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.134451, "energy": 11.89949, "activity_lines": [ 31.429133, 31.584211, 31.61503, 31.505433 ] }, { "date": "2026-03-13", "close": 31.0866, "volume": 253254, "typical_volume": 131515.25, "trend": 31.32323, "fair_value": 26.196422, "relative_strength": -0.798225, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.984195, "energy": 19.65699, "activity_lines": [ 31.3031, 31.475722, 31.569293, 31.491385 ] }, { "date": "2026-03-20", "close": 30.73, "volume": 805316, "typical_volume": 165505.45, "trend": 31.33085, "fair_value": 26.273024, "relative_strength": -0.104933, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.912294, "energy": 39.203796, "activity_lines": [ 31.094427, 31.312098, 31.491413, 31.453112 ] }, { "date": "2026-03-27", "close": 30.04, "volume": 348673, "typical_volume": 175070.65, "trend": 31.31484, "fair_value": 26.341997, "relative_strength": -0.083394, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.761198, "energy": 62.855594, "activity_lines": [ 30.695987, 31.046942, 31.352533, 31.369832 ] }, { "date": "2026-04-03", "close": 30.85, "volume": 46411, "typical_volume": 169869.05, "trend": 31.319173, "fair_value": 26.416997, "relative_strength": -0.697797, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.09978, "energy": 52.713649, "activity_lines": [ 30.668213, 30.963167, 31.296081, 31.339842 ] }, { "date": "2026-04-10", "close": 31.865, "volume": 96914, "typical_volume": 162051.15, "trend": 31.351277, "fair_value": 26.498275, "relative_strength": -0.918245, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.927719, "energy": 16.724399, "activity_lines": [ 31.026107, 31.085211, 31.337672, 31.375057 ] }, { "date": "2026-04-17", "close": 32.9699, "volume": 106995, "typical_volume": 160949.15, "trend": 31.417607, "fair_value": 26.586881, "relative_strength": -1.810043, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.728764, "energy": 19.725828, "activity_lines": [ 31.7113, 31.408918, 31.478706, 31.479484 ] }, { "date": "2026-04-24", "close": 33.36, "volume": 82005, "typical_volume": 153441.5, "trend": 31.501273, "fair_value": 26.676146, "relative_strength": -1.090413, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.582356, "energy": 55.557931, "activity_lines": [ 32.400973, 31.779191, 31.650369, 31.6048 ] }, { "date": "2026-05-01", "close": 33.6547, "volume": 58234, "typical_volume": 151951.75, "trend": 31.586763, "fair_value": 26.767004, "relative_strength": -1.068498, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.445732, "energy": 81.519125, "activity_lines": [ 33.013547, 32.1662, 31.842337, 31.74373 ] }, { "date": "2026-05-08", "close": 34.2201, "volume": 55267, "typical_volume": 150192.35, "trend": 31.706767, "fair_value": 26.861075, "relative_strength": -1.625172, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.625696, "energy": 91.942757, "activity_lines": [ 33.573607, 32.617742, 32.077873, 31.913623 ] }, { "date": "2026-05-15", "close": 34.22, "volume": 53728, "typical_volume": 146068.45, "trend": 31.8111, "fair_value": 26.951556, "relative_strength": -1.748637, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.500804, "energy": 91.610849, "activity_lines": [ 33.90896, 33.0209, 32.301162, 32.075767 ] }, { "date": "2026-05-22", "close": 34.41, "volume": 39681, "typical_volume": 146250.75, "trend": 31.90915, "fair_value": 27.040634, "relative_strength": -1.949397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.234873, "energy": 90.944835, "activity_lines": [ 34.150647, 33.404604, 32.5315, 32.243438 ] }, { "date": "2026-05-29", "close": 34.7, "volume": 45438, "typical_volume": 144704.25, "trend": 32.008483, "fair_value": 27.129962, "relative_strength": -2.423587, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.981384, "energy": 91.218064, "activity_lines": [ 34.392993, 33.780609, 32.776171, 32.423493 ] }, { "date": "2026-06-05", "close": 34.233, "volume": 74787, "typical_volume": 143896.8, "trend": 32.11125, "fair_value": 27.216072, "relative_strength": -1.177023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.433846, "energy": 80.676159, "activity_lines": [ 34.39034, 33.999524, 32.963727, 32.56701 ] }, { "date": "2026-06-12", "close": 34.43, "volume": 32575, "typical_volume": 138318.2, "trend": 32.220953, "fair_value": 27.301135, "relative_strength": -1.087697, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.334011, "energy": 65.20355, "activity_lines": [ 34.4148, 34.17802, 33.159011, 32.716607 ] }, { "date": "2026-06-19", "close": 34.81, "volume": 56720, "typical_volume": 129759.7, "trend": 32.35962, "fair_value": 27.389022, "relative_strength": -0.824397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.428891, "energy": 67.588879, "activity_lines": [ 34.551933, 34.360516, 33.37901, 32.883642 ] }, { "date": "2026-06-26", "close": 34.3825, "volume": 384708, "typical_volume": 143973.65, "trend": 32.45237, "fair_value": 27.47266, "relative_strength": 0.395234, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.156898, "energy": 61.352087, "activity_lines": [ 34.507233, 34.41174, 33.544472, 33.014151 ] }, { "date": "2026-07-03", "close": 34.5338, "volume": 76884, "typical_volume": 145407.5, "trend": 32.54583, "fair_value": 27.557625, "relative_strength": -1.236665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.838002, "energy": 61.467664, "activity_lines": [ 34.5148, 34.464789, 33.711238, 33.148436 ] }, { "date": "2026-07-10", "close": 34.8892, "volume": 432768, "typical_volume": 160750.8, "trend": 32.658933, "fair_value": 27.642608, "relative_strength": -1.484244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.848486, "energy": 72.945642, "activity_lines": [ 34.651913, 34.561115, 33.896611, 33.299622 ] }, { "date": "2026-07-17", "close": 34.4605, "volume": 61814, "typical_volume": 159728.05, "trend": 32.752607, "fair_value": 27.725112, "relative_strength": -1.09241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.413288, "energy": 59.694219, "activity_lines": [ 34.60238, 34.557049, 34.025255, 33.415852 ] }, { "date": "2026-07-24", "close": 34.27, "volume": 80510, "typical_volume": 159634.1, "trend": 32.831607, "fair_value": 27.805561, "relative_strength": -0.998871, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.483782, "energy": 50.831795, "activity_lines": [ 34.487313, 34.513976, 34.121944, 33.513748 ] }, { "date": "2026-07-31", "close": 34.48, "volume": 98226, "typical_volume": 151882.7, "trend": 32.926933, "fair_value": 27.888478, "relative_strength": -1.376282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.486865, "energy": 45.370505, "activity_lines": [ 34.478247, 34.508176, 34.224252, 33.620096 ] }, { "date": "2026-08-07", "close": 35.27, "volume": 43179, "typical_volume": 113775.85, "trend": 33.03441, "fair_value": 27.976863, "relative_strength": -2.434743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.037681, "energy": 58.289829, "activity_lines": [ 34.726013, 34.64474, 34.385639, 33.771262 ] } ], "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." } } }