{ "ticker": { "uuid": "10482402-c987-4a98-861f-d577c9e41abe", "symbol": "DMAR", "name": "FT VEST U.S. EQUITY DEEP BUFFER ETF - MARCH", "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": 50.989, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.302, "architecture_energy": 72.594, "architecture_maturity": 100.0, "architecture_confidence": 74.037, "architecture_tenure": "Extended", "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": 8.01, "rotation_up": 64.26, "upward_expansion": 87.67, "deceleration": 56.72, "rotation_down": 27.7, "downward_expansion": 12.0 }, "activity_lines": [ 45.030787, 44.881745, 44.639495, 44.16885 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 45.31, "trend_reference": 43.498327, "distance_from_trend": 0.041649, "trend_direction": "Improving", "fair_value": 38.224346, "distance_from_fair_value": 0.18537, "fair_value_direction": "Weakening", "relative_strength": -4.767366, "relative_strength_direction": "Weakening", "price_momentum": 0.080337, "excess_performance": -0.045287, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.041649, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.027002, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.18537, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.007382, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.047674, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.006722, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.080337, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.534193, "read": "Supply-led" } ], "volume": { "latest": 79925, "relative_activity": 0.594655, "balance": 0.534193, "dry_up": 0.31513, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.006811, "annualized_volatility": 0.044472, "from_high_reference": -0.001611, "from_low_reference": 0.13063 }, "levels": { "trend_reference": 43.498327, "fair_value_reference": 38.224346, "structural_low": 41.7, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 38, "median_return": 0.007952, "positive_rate": 0.868421, "directional_follow_through": 0.868421, "median_excess_return": -0.007098, "regime_survival": 0.894737, "best_return": 0.037107, "worst_return": -0.036819, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.030001, "positive_rate": 0.916667, "directional_follow_through": 0.916667, "median_excess_return": -0.024372, "regime_survival": 0.75, "best_return": 0.044514, "worst_return": -0.003438, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.055357, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.035082, "regime_survival": 0.666667, "best_return": 0.080805, "worst_return": 0.006076, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.124595, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.092444, "regime_survival": 0.666667, "best_return": 0.131529, "worst_return": 0.031942, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-11-18", "end": "2023-03-31", "tenure": "Established", "return": 0.014788, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-04-07", "end": "2023-09-29", "tenure": "Established", "return": 0.040948, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-06", "end": "2023-11-17", "tenure": "Developing", "return": 0.029482, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-11-24", "end": "2024-04-19", "tenure": "Established", "return": 0.015592, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.025298, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-09", "tenure": "Developing", "return": 0.010802, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.007934, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-03-21", "tenure": "Extended", "return": 0.023447, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.020636, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.035008, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.017167, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.02017, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2026-08-07", "tenure": "Extended", "return": 0.141597, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 32.12, "volume": 77748, "typical_volume": 141582.95, "trend": 31.308547, "fair_value": 31.012775, "relative_strength": -3.842429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.614471, "energy": 60.640971, "activity_lines": [ 32.32436, 32.321938, 32.056986, 31.741293 ] }, { "date": "2023-08-25", "close": 32.3393, "volume": 180555, "typical_volume": 141195.05, "trend": 31.37619, "fair_value": 31.02322, "relative_strength": -3.860679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.127903, "energy": 49.676935, "activity_lines": [ 32.309033, 32.33488, 32.111174, 31.807793 ] }, { "date": "2023-09-01", "close": 32.6689, "volume": 53323, "typical_volume": 135140.55, "trend": 31.44982, "fair_value": 31.036077, "relative_strength": -5.150618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.356759, "energy": 62.554735, "activity_lines": [ 32.412287, 32.401944, 32.189899, 31.891194 ] }, { "date": "2023-09-08", "close": 32.5778, "volume": 155083, "typical_volume": 138824.95, "trend": 31.52208, "fair_value": 31.048029, "relative_strength": -4.119211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.667931, "energy": 59.939666, "activity_lines": [ 32.47992, 32.439009, 32.252096, 31.963967 ] }, { "date": "2023-09-15", "close": 32.58, "volume": 91841, "typical_volume": 129878.3, "trend": 31.598747, "fair_value": 31.059813, "relative_strength": -3.846755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.327565, "energy": 64.066432, "activity_lines": [ 32.534433, 32.47106, 32.307274, 32.03222 ] }, { "date": "2023-09-22", "close": 32.23, "volume": 75759, "typical_volume": 108820.4, "trend": 31.666413, "fair_value": 31.068746, "relative_strength": -1.845024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.605709, "energy": 52.373296, "activity_lines": [ 32.4587, 32.43138, 32.322739, 32.072946 ] }, { "date": "2023-09-29", "close": 32.1653, "volume": 133904, "typical_volume": 92949.5, "trend": 31.731257, "fair_value": 31.077053, "relative_strength": -1.163203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.146666, "energy": 33.183811, "activity_lines": [ 32.354067, 32.382845, 32.326708, 32.105132 ] }, { "date": "2023-10-06", "close": 32.2638, "volume": 57808, "typical_volume": 93767.5, "trend": 31.797717, "fair_value": 31.085976, "relative_strength": -1.147438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.47254, "energy": 20.119157, "activity_lines": [ 32.293867, 32.35776, 32.335223, 32.13949 ] }, { "date": "2023-10-13", "close": 32.3457, "volume": 65653, "typical_volume": 91884.7, "trend": 31.86591, "fair_value": 31.095377, "relative_strength": -1.128346, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.15425, "energy": 21.758813, "activity_lines": [ 32.287973, 32.353498, 32.347139, 32.174843 ] }, { "date": "2023-10-20", "close": 31.9991, "volume": 41632, "typical_volume": 86841.95, "trend": 31.915213, "fair_value": 31.102071, "relative_strength": 0.336961, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.401359, "energy": 11.839078, "activity_lines": [ 32.18202, 32.28666, 32.32159, 32.183436 ] }, { "date": "2023-10-27", "close": 31.5234, "volume": 257214, "typical_volume": 97249.35, "trend": 31.93666, "fair_value": 31.105169, "relative_strength": 1.429905, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -21.928956, "energy": 28.760347, "activity_lines": [ 31.956227, 32.140189, 32.249286, 32.158158 ] }, { "date": "2023-11-03", "close": 32.642, "volume": 31004, "typical_volume": 95470.1, "trend": 31.994727, "fair_value": 31.116387, "relative_strength": -0.628907, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.699605, "energy": 18.477653, "activity_lines": [ 32.150407, 32.207947, 32.284836, 32.203664 ] }, { "date": "2023-11-10", "close": 32.8877, "volume": 257305, "typical_volume": 100479.25, "trend": 32.056983, "fair_value": 31.129222, "relative_strength": -1.147862, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.933392, "energy": 24.052897, "activity_lines": [ 32.394707, 32.314875, 32.340824, 32.261275 ] }, { "date": "2023-11-17", "close": 33.215, "volume": 50548, "typical_volume": 98827.75, "trend": 32.128817, "fair_value": 31.144228, "relative_strength": -2.309713, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 75.526316, "energy": 64.174752, "activity_lines": [ 32.706513, 32.477333, 32.423423, 32.335986 ] }, { "date": "2023-11-24", "close": 33.35, "volume": 302686, "typical_volume": 112569.8, "trend": 32.19915, "fair_value": 31.159984, "relative_strength": -2.790161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.024148, "energy": 80.395002, "activity_lines": [ 33.005367, 32.652751, 32.514427, 32.414772 ] }, { "date": "2023-12-01", "close": 33.4594, "volume": 42097, "typical_volume": 111983.25, "trend": 32.277463, "fair_value": 31.176291, "relative_strength": -3.191032, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.894437, "energy": 88.003319, "activity_lines": [ 33.250627, 32.83406, 32.610063, 32.496078 ] }, { "date": "2023-12-08", "close": 33.506, "volume": 29889, "typical_volume": 111711.8, "trend": 32.355997, "fair_value": 31.192698, "relative_strength": -3.152156, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.166306, "energy": 88.527214, "activity_lines": [ 33.382353, 33.001489, 32.705045, 32.575339 ] }, { "date": "2023-12-15", "close": 33.7049, "volume": 47593, "typical_volume": 103518.95, "trend": 32.434827, "fair_value": 31.210266, "relative_strength": -4.663189, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.208999, "energy": 89.781187, "activity_lines": [ 33.52278, 33.180705, 32.814036, 32.662365 ] }, { "date": "2023-12-22", "close": 33.763, "volume": 280833, "typical_volume": 114514.1, "trend": 32.51326, "fair_value": 31.227993, "relative_strength": -5.163374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.23451, "energy": 89.328865, "activity_lines": [ 33.628093, 33.344284, 32.923252, 32.748053 ] }, { "date": "2023-12-29", "close": 33.8544, "volume": 27780, "typical_volume": 113012.75, "trend": 32.585257, "fair_value": 31.246106, "relative_strength": -5.023806, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.236242, "energy": 86.773632, "activity_lines": [ 33.72734, 33.498711, 33.03454, 32.834578 ] }, { "date": "2024-01-05", "close": 33.8289, "volume": 28292, "typical_volume": 110539.95, "trend": 32.65286, "fair_value": 31.263797, "relative_strength": -3.428276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.155296, "energy": 84.832631, "activity_lines": [ 33.78446, 33.614769, 33.13636, 32.914814 ] }, { "date": "2024-01-12", "close": 33.96, "volume": 41112, "typical_volume": 103567.8, "trend": 32.717527, "fair_value": 31.282138, "relative_strength": -4.693426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.225208, "energy": 86.157487, "activity_lines": [ 33.860647, 33.712745, 33.242529, 32.999145 ] }, { "date": "2024-01-19", "close": 34.0431, "volume": 35861, "typical_volume": 102694.7, "trend": 32.787963, "fair_value": 31.300793, "relative_strength": -5.433236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.924688, "energy": 87.930461, "activity_lines": [ 33.934267, 33.801867, 33.348894, 33.084666 ] }, { "date": "2024-01-26", "close": 34.1, "volume": 101234, "typical_volume": 100002.25, "trend": 32.84863, "fair_value": 31.31958, "relative_strength": -6.100319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.168631, "energy": 89.730289, "activity_lines": [ 34.004307, 33.880327, 33.454135, 33.169314 ] }, { "date": "2024-02-02", "close": 34.1549, "volume": 44397, "typical_volume": 97630.05, "trend": 32.915967, "fair_value": 31.338482, "relative_strength": -7.127829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.120702, "energy": 93.002071, "activity_lines": [ 34.07018, 33.952678, 33.557355, 33.253589 ] }, { "date": "2024-02-09", "close": 34.19, "volume": 18234, "typical_volume": 94753.8, "trend": 32.975967, "fair_value": 31.357366, "relative_strength": -8.126019, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.092582, "energy": 92.368167, "activity_lines": [ 34.12772, 34.016776, 33.656419, 33.335785 ] }, { "date": "2024-02-16", "close": 34.245, "volume": 25118, "typical_volume": 89314.5, "trend": 33.035133, "fair_value": 31.376364, "relative_strength": -7.500823, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.604654, "energy": 92.98061, "activity_lines": [ 34.17952, 34.077591, 33.751388, 33.417658 ] }, { "date": "2024-02-23", "close": 34.26, "volume": 799013, "typical_volume": 126374.75, "trend": 33.090797, "fair_value": 31.395211, "relative_strength": -8.74572, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.186666, "energy": 91.710074, "activity_lines": [ 34.21732, 34.127696, 33.837881, 33.496682 ] }, { "date": "2024-03-01", "close": 34.3201, "volume": 25330, "typical_volume": 124358.6, "trend": 33.1558, "fair_value": 31.414204, "relative_strength": -9.264657, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.154455, "energy": 86.326689, "activity_lines": [ 34.260693, 34.178636, 33.920593, 33.575991 ] }, { "date": "2024-03-08", "close": 34.3546, "volume": 53032, "typical_volume": 124928.6, "trend": 33.221743, "fair_value": 31.433174, "relative_strength": -8.675146, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.688739, "energy": 75.994887, "activity_lines": [ 34.300893, 34.22572, 33.997189, 33.653333 ] }, { "date": "2024-03-15", "close": 34.43, "volume": 354068, "typical_volume": 129771.3, "trend": 33.298743, "fair_value": 31.452385, "relative_strength": -8.151398, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.598063, "energy": 74.349262, "activity_lines": [ 34.352913, 34.277418, 34.069749, 33.731285 ] }, { "date": "2024-03-22", "close": 34.82, "volume": 2882593, "typical_volume": 272350.75, "trend": 33.381433, "fair_value": 31.483624, "relative_strength": -8.866512, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.972419, "energy": 79.021274, "activity_lines": [ 34.518933, 34.389096, 34.165611, 33.829431 ] }, { "date": "2024-03-29", "close": 34.9, "volume": 433952, "typical_volume": 281183.1, "trend": 33.455803, "fair_value": 31.514009, "relative_strength": -8.747179, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.155281, "energy": 78.148597, "activity_lines": [ 34.673287, 34.499684, 34.25872, 33.927403 ] }, { "date": "2024-04-05", "close": 34.75, "volume": 1162527, "typical_volume": 336782.05, "trend": 33.52821, "fair_value": 31.541509, "relative_strength": -8.094461, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.948502, "energy": 69.891881, "activity_lines": [ 34.734973, 34.567418, 34.327962, 34.0109 ] }, { "date": "2024-04-12", "close": 34.46, "volume": 304194, "typical_volume": 336857.45, "trend": 33.590877, "fair_value": 31.566253, "relative_strength": -7.292872, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.094001, "energy": 67.88403, "activity_lines": [ 34.671333, 34.570607, 34.362275, 34.071015 ] }, { "date": "2024-04-19", "close": 33.87, "volume": 396073, "typical_volume": 354556.25, "trend": 33.645543, "fair_value": 31.587235, "relative_strength": -5.792482, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.24912, "energy": 34.980531, "activity_lines": [ 34.404, 34.460976, 34.335111, 34.089023 ] }, { "date": "2024-04-26", "close": 34.39, "volume": 291676, "typical_volume": 367645.6, "trend": 33.7197, "fair_value": 31.611799, "relative_strength": -6.600258, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.41825, "energy": 25.04227, "activity_lines": [ 34.347333, 34.451709, 34.355517, 34.137052 ] }, { "date": "2024-05-03", "close": 34.5, "volume": 493907, "typical_volume": 389961.3, "trend": 33.79424, "fair_value": 31.636099, "relative_strength": -6.633314, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.56312, "energy": 26.873887, "activity_lines": [ 34.356, 34.459805, 34.382189, 34.187394 ] }, { "date": "2024-05-10", "close": 34.9, "volume": 384796, "typical_volume": 395159.45, "trend": 33.879383, "fair_value": 31.663599, "relative_strength": -7.040745, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.350321, "energy": 30.486907, "activity_lines": [ 34.524667, 34.536265, 34.44317, 34.258734 ] }, { "date": "2024-05-17", "close": 35.26, "volume": 99210, "typical_volume": 398730.95, "trend": 33.98808, "fair_value": 31.693899, "relative_strength": -7.377919, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.63106, "energy": 57.799404, "activity_lines": [ 34.803333, 34.667636, 34.533022, 34.347806 ] }, { "date": "2024-05-24", "close": 35.27, "volume": 139406, "typical_volume": 404286.65, "trend": 34.112967, "fair_value": 31.723109, "relative_strength": -7.120019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.872978, "energy": 78.306183, "activity_lines": [ 35.032, 34.784364, 34.617133, 34.43051 ] }, { "date": "2024-05-31", "close": 35.16, "volume": 185312, "typical_volume": 411496.65, "trend": 34.1969, "fair_value": 31.751287, "relative_strength": -6.834564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.189509, "energy": 77.789491, "activity_lines": [ 35.130667, 34.865818, 34.683906, 34.498061 ] }, { "date": "2024-06-07", "close": 35.4848, "volume": 203443, "typical_volume": 419875.75, "trend": 34.28347, "fair_value": 31.780869, "relative_strength": -6.927956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.602725, "energy": 82.274055, "activity_lines": [ 35.286267, 35.000145, 34.775898, 34.581151 ] }, { "date": "2024-06-14", "close": 35.8, "volume": 90833, "typical_volume": 419355.7, "trend": 34.369637, "fair_value": 31.813746, "relative_strength": -7.426596, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.574003, "energy": 81.82547, "activity_lines": [ 35.48128, 35.181149, 34.891044, 34.678992 ] }, { "date": "2024-06-21", "close": 35.98, "volume": 78169, "typical_volume": 421044.3, "trend": 34.457303, "fair_value": 31.845701, "relative_strength": -7.339381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.271438, "energy": 83.846485, "activity_lines": [ 35.676293, 35.375789, 35.015237, 34.782886 ] }, { "date": "2024-06-28", "close": 36.0, "volume": 998386, "typical_volume": 470051.9, "trend": 34.54199, "fair_value": 31.877079, "relative_strength": -7.045572, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.523765, "energy": 85.648598, "activity_lines": [ 35.829973, 35.546429, 35.132644, 34.882415 ] }, { "date": "2024-07-05", "close": 36.33, "volume": 26289, "typical_volume": 470110.45, "trend": 34.636123, "fair_value": 31.910448, "relative_strength": -7.736328, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.200127, "energy": 90.668869, "activity_lines": [ 36.044987, 35.738342, 35.272861, 34.997771 ] }, { "date": "2024-07-12", "close": 36.53, "volume": 71549, "typical_volume": 433737.25, "trend": 34.730293, "fair_value": 31.945807, "relative_strength": -7.91833, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.573993, "energy": 91.705181, "activity_lines": [ 36.248667, 35.931345, 35.422197, 35.119956 ] }, { "date": "2024-07-19", "close": 36.21, "volume": 88071, "typical_volume": 436874.3, "trend": 34.81186, "fair_value": 31.977997, "relative_strength": -6.722396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.586825, "energy": 83.301014, "activity_lines": [ 36.276, 36.029258, 35.530247, 35.215421 ] }, { "date": "2024-07-26", "close": 36.005, "volume": 195280, "typical_volume": 443986.7, "trend": 34.883547, "fair_value": 32.009287, "relative_strength": -6.317474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.306732, "energy": 66.006197, "activity_lines": [ 36.207667, 36.06608, 35.609773, 35.292398 ] }, { "date": "2024-08-02", "close": 35.6188, "volume": 71526, "typical_volume": 429859.6, "trend": 34.94321, "fair_value": 32.037387, "relative_strength": -5.144169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.646489, "energy": 45.663453, "activity_lines": [ 36.008933, 36.019138, 35.64466, 35.339834 ] }, { "date": "2024-08-09", "close": 35.651, "volume": 652947, "typical_volume": 318377.3, "trend": 34.999577, "fair_value": 32.065254, "relative_strength": -4.898407, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.857789, "energy": 28.352587, "activity_lines": [ 35.846347, 35.971709, 35.676952, 35.385497 ] }, { "date": "2024-08-16", "close": 36.55, "volume": 32994, "typical_volume": 298329.4, "trend": 35.08314, "fair_value": 32.099571, "relative_strength": -6.027231, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.451051, "energy": 37.33873, "activity_lines": [ 36.028693, 36.078807, 35.790907, 35.485525 ] }, { "date": "2024-08-23", "close": 36.84, "volume": 317644, "typical_volume": 256085.25, "trend": 35.174473, "fair_value": 32.134827, "relative_strength": -6.368307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.209089, "energy": 51.372062, "activity_lines": [ 36.306373, 36.219265, 35.924623, 35.598871 ] }, { "date": "2024-08-30", "close": 36.9263, "volume": 53557, "typical_volume": 243553.4, "trend": 35.266853, "fair_value": 32.170251, "relative_strength": -6.203062, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.634652, "energy": 69.742904, "activity_lines": [ 36.57082, 36.356505, 36.056606, 35.711892 ] }, { "date": "2024-09-06", "close": 36.0412, "volume": 256118, "typical_volume": 236555.65, "trend": 35.32856, "fair_value": 32.200771, "relative_strength": -4.304018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.741376, "energy": 57.056372, "activity_lines": [ 36.478813, 36.315613, 36.092549, 35.761849 ] }, { "date": "2024-09-13", "close": 36.8784, "volume": 34978, "typical_volume": 223720.75, "trend": 35.41634, "fair_value": 32.236929, "relative_strength": -5.628404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.874078, "energy": 64.468674, "activity_lines": [ 36.637713, 36.426189, 36.197887, 35.861839 ] }, { "date": "2024-09-20", "close": 37.1651, "volume": 107862, "typical_volume": 204418.5, "trend": 35.513177, "fair_value": 32.274526, "relative_strength": -5.955057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.034805, "energy": 60.948276, "activity_lines": [ 36.810353, 36.578922, 36.31868, 35.974662 ] }, { "date": "2024-09-27", "close": 37.278, "volume": 94734, "typical_volume": 189915.4, "trend": 35.611773, "fair_value": 32.313654, "relative_strength": -5.913846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.361368, "energy": 57.497599, "activity_lines": [ 36.97962, 36.740635, 36.437534, 36.088522 ] }, { "date": "2024-10-04", "close": 37.314, "volume": 126497, "typical_volume": 191279.75, "trend": 35.71042, "fair_value": 32.352494, "relative_strength": -5.783495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.143953, "energy": 73.704807, "activity_lines": [ 37.131687, 36.889475, 36.548493, 36.198343 ] }, { "date": "2024-10-11", "close": 37.4883, "volume": 33626, "typical_volume": 185990.75, "trend": 35.812363, "fair_value": 32.391234, "relative_strength": -6.126283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.976841, "energy": 76.371751, "activity_lines": [ 37.316007, 37.046205, 36.666271, 36.313045 ] }, { "date": "2024-10-18", "close": 37.66, "volume": 67494, "typical_volume": 180099.85, "trend": 35.90703, "fair_value": 32.430304, "relative_strength": -6.175046, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.08536, "energy": 79.657377, "activity_lines": [ 37.461087, 37.200164, 36.789838, 36.432247 ] }, { "date": "2024-10-25", "close": 37.5616, "volume": 61069, "typical_volume": 172981.15, "trend": 35.99575, "fair_value": 32.468376, "relative_strength": -5.179832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.135362, "energy": 74.789911, "activity_lines": [ 37.52126, 37.299704, 36.892129, 36.538994 ] }, { "date": "2024-11-01", "close": 37.3587, "volume": 140189, "typical_volume": 175448.95, "trend": 36.082707, "fair_value": 32.504395, "relative_strength": -4.082629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.227658, "energy": 63.894676, "activity_lines": [ 37.487367, 37.34396, 36.965207, 36.626926 ] }, { "date": "2024-11-08", "close": 38.07, "volume": 42224, "typical_volume": 173651.7, "trend": 36.20304, "fair_value": 32.545037, "relative_strength": -6.3756, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.569962, "energy": 71.574316, "activity_lines": [ 37.685193, 37.508113, 37.098605, 36.755138 ] }, { "date": "2024-11-15", "close": 37.878, "volume": 80689, "typical_volume": 127766.85, "trend": 36.33664, "fair_value": 32.584479, "relative_strength": -4.599137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.504979, "energy": 68.120605, "activity_lines": [ 37.76862, 37.616562, 37.203765, 36.8632 ] }, { "date": "2024-11-22", "close": 38.12, "volume": 672567, "typical_volume": 160080.75, "trend": 36.460973, "fair_value": 32.626602, "relative_strength": -5.288304, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.338989, "energy": 74.350397, "activity_lines": [ 37.906733, 37.735615, 37.32303, 36.978256 ] }, { "date": "2024-11-29", "close": 38.35, "volume": 41849, "typical_volume": 158595.75, "trend": 36.589307, "fair_value": 32.671538, "relative_strength": -5.555403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.64467, "energy": 86.190298, "activity_lines": [ 38.090847, 37.873911, 37.455675, 37.100129 ] }, { "date": "2024-12-06", "close": 38.4512, "volume": 71374, "typical_volume": 157760.9, "trend": 36.70768, "fair_value": 32.714496, "relative_strength": -5.84265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.556441, "energy": 89.938954, "activity_lines": [ 38.256133, 38.009064, 37.589292, 37.220251 ] }, { "date": "2024-12-13", "close": 38.4363, "volume": 30831, "typical_volume": 149538.45, "trend": 36.813557, "fair_value": 32.758004, "relative_strength": -5.077077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.28662, "energy": 90.336173, "activity_lines": [ 38.34362, 38.120176, 37.710818, 37.331775 ] }, { "date": "2024-12-20", "close": 38.1513, "volume": 130263, "typical_volume": 152475.3, "trend": 36.9096, "fair_value": 32.798494, "relative_strength": -3.80781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.528231, "energy": 83.690336, "activity_lines": [ 38.311687, 38.159065, 37.793623, 37.418081 ] }, { "date": "2024-12-27", "close": 38.3569, "volume": 23674, "typical_volume": 121011.65, "trend": 37.016163, "fair_value": 32.839821, "relative_strength": -3.704987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.457255, "energy": 69.145313, "activity_lines": [ 38.330067, 38.223282, 37.88395, 37.511455 ] }, { "date": "2025-01-03", "close": 38.3617, "volume": 26113, "typical_volume": 120667.6, "trend": 37.11206, "fair_value": 32.881178, "relative_strength": -2.960451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.025202, "energy": 60.983062, "activity_lines": [ 38.334253, 38.2757, 37.961849, 37.598264 ] }, { "date": "2025-01-10", "close": 38.0548, "volume": 66749, "typical_volume": 108122.85, "trend": 37.18722, "fair_value": 32.921024, "relative_strength": -1.649455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.090199, "energy": 45.356591, "activity_lines": [ 38.23536, 38.257771, 38.001891, 37.659086 ] }, { "date": "2025-01-17", "close": 38.6198, "volume": 63345, "typical_volume": 108612.25, "trend": 37.275213, "fair_value": 32.967112, "relative_strength": -2.851895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.566991, "energy": 54.142741, "activity_lines": [ 38.351227, 38.329913, 38.089959, 37.75151 ] }, { "date": "2025-01-24", "close": 38.85, "volume": 33784, "typical_volume": 97495.55, "trend": 37.370213, "fair_value": 33.013907, "relative_strength": -3.749375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.433676, "energy": 59.945938, "activity_lines": [ 38.531593, 38.433913, 38.191886, 37.853109 ] }, { "date": "2025-01-31", "close": 38.7781, "volume": 50236, "typical_volume": 98258.45, "trend": 37.451817, "fair_value": 33.058917, "relative_strength": -2.789709, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.657619, "energy": 59.730947, "activity_lines": [ 38.641413, 38.507167, 38.27359, 37.943941 ] }, { "date": "2025-02-07", "close": 38.8398, "volume": 44745, "typical_volume": 95102.6, "trend": 37.52881, "fair_value": 33.10536, "relative_strength": -2.339047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.492435, "energy": 75.387843, "activity_lines": [ 38.74372, 38.579675, 38.352125, 38.033488 ] }, { "date": "2025-02-14", "close": 39.0698, "volume": 24733, "typical_volume": 91602.55, "trend": 37.624137, "fair_value": 33.153623, "relative_strength": -3.048754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.523931, "energy": 86.811773, "activity_lines": [ 38.89082, 38.685095, 38.444589, 38.132907 ] }, { "date": "2025-02-21", "close": 38.9595, "volume": 36786, "typical_volume": 87117.0, "trend": 37.72262, "fair_value": 33.200479, "relative_strength": -1.652781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.303374, "energy": 76.823821, "activity_lines": [ 38.933487, 38.759213, 38.518016, 38.219059 ] }, { "date": "2025-02-28", "close": 38.8636, "volume": 71095, "typical_volume": 88990.45, "trend": 37.83078, "fair_value": 33.247425, "relative_strength": -0.875384, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.771196, "energy": 57.501043, "activity_lines": [ 38.92154, 38.806382, 38.574474, 38.292671 ] }, { "date": "2025-03-07", "close": 38.2898, "volume": 160306, "typical_volume": 93631.05, "trend": 37.91874, "fair_value": 33.291816, "relative_strength": 0.801919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.015062, "energy": 34.737129, "activity_lines": [ 38.71742, 38.736273, 38.569736, 38.322285 ] }, { "date": "2025-03-14", "close": 37.6313, "volume": 66845, "typical_volume": 93919.85, "trend": 37.954783, "fair_value": 33.32676, "relative_strength": 1.415101, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 3.145127, "energy": 11.838176, "activity_lines": [ 38.326353, 38.547656, 38.499284, 38.30374 ] }, { "date": "2025-03-21", "close": 37.7921, "volume": 294570, "typical_volume": 101638.9, "trend": 37.98652, "fair_value": 33.36171, "relative_strength": 1.351515, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -6.415618, "energy": 23.100472, "activity_lines": [ 38.069453, 38.401556, 38.443814, 38.293245 ] }, { "date": "2025-03-28", "close": 37.6, "volume": 1142944, "typical_volume": 156674.9, "trend": 38.008977, "fair_value": 33.395876, "relative_strength": 2.343235, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.02632, "energy": 38.450898, "activity_lines": [ 37.8337, 38.225305, 38.367986, 38.268308 ] }, { "date": "2025-04-04", "close": 35.86, "volume": 451783, "typical_volume": 175229.6, "trend": 38.002937, "fair_value": 33.41953, "relative_strength": 7.242866, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -65.17059, "energy": 73.362601, "activity_lines": [ 37.10858, 37.751233, 38.128681, 38.129664 ] }, { "date": "2025-04-11", "close": 36.86, "volume": 552385, "typical_volume": 169220.5, "trend": 38.002323, "fair_value": 33.45094, "relative_strength": 4.294657, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.644852, "energy": 66.55358, "activity_lines": [ 36.917033, 37.513342, 37.994224, 38.055926 ] }, { "date": "2025-04-18", "close": 36.6, "volume": 217426, "typical_volume": 177999.35, "trend": 37.983487, "fair_value": 33.484081, "relative_strength": 5.032498, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.514775, "energy": 77.758304, "activity_lines": [ 36.73414, 37.263053, 37.841005, 37.965454 ] }, { "date": "2025-04-25", "close": 37.42, "volume": 944489, "typical_volume": 221655.1, "trend": 37.98822, "fair_value": 33.525107, "relative_strength": 2.677174, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.949516, "energy": 58.048523, "activity_lines": [ 36.893333, 37.202578, 37.774214, 37.9291 ] }, { "date": "2025-05-02", "close": 37.86, "volume": 216524, "typical_volume": 230939.75, "trend": 38.00642, "fair_value": 33.569338, "relative_strength": 0.974725, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.301416, "energy": 32.89164, "activity_lines": [ 37.224, 37.2521, 37.754239, 37.920828 ] }, { "date": "2025-05-09", "close": 37.8403, "volume": 45408, "typical_volume": 226697.0, "trend": 38.018153, "fair_value": 33.615109, "relative_strength": 1.378693, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.90149, "energy": 18.897562, "activity_lines": [ 37.530767, 37.318031, 37.735132, 37.91011 ] }, { "date": "2025-05-16", "close": 38.73, "volume": 50246, "typical_volume": 228025.6, "trend": 38.05382, "fair_value": 33.669853, "relative_strength": -1.387127, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.009922, "energy": 17.802588, "activity_lines": [ 38.00208, 37.564331, 37.802239, 37.956036 ] }, { "date": "2025-05-23", "close": 38.3516, "volume": 206039, "typical_volume": 237021.9, "trend": 38.080153, "fair_value": 33.716081, "relative_strength": 0.229983, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.063616, "energy": 18.502631, "activity_lines": [ 38.222593, 37.733827, 37.831531, 37.975248 ] }, { "date": "2025-05-30", "close": 38.73, "volume": 63624, "typical_volume": 236865.65, "trend": 38.125863, "fair_value": 33.76576, "relative_strength": -0.494256, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.755176, "energy": 26.804533, "activity_lines": [ 38.452467, 37.959027, 37.89691, 38.017173 ] }, { "date": "2025-06-06", "close": 39.01, "volume": 233552, "typical_volume": 245376.0, "trend": 38.157197, "fair_value": 33.821914, "relative_strength": -1.34315, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.199457, "energy": 36.816607, "activity_lines": [ 38.68834, 38.218084, 37.98574, 38.074214 ] }, { "date": "2025-06-13", "close": 38.92, "volume": 51478, "typical_volume": 246260.7, "trend": 38.19193, "fair_value": 33.882908, "relative_strength": -1.171818, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.324521, "energy": 47.199502, "activity_lines": [ 38.817547, 38.43514, 38.06414, 38.123427 ] }, { "date": "2025-06-20", "close": 38.9155, "volume": 36899, "typical_volume": 245593.85, "trend": 38.218447, "fair_value": 33.938648, "relative_strength": -0.983541, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.780976, "energy": 46.716267, "activity_lines": [ 38.873273, 38.595742, 38.141779, 38.170109 ] }, { "date": "2025-06-27", "close": 39.4838, "volume": 519207, "typical_volume": 269316.95, "trend": 38.25624, "fair_value": 33.99989, "relative_strength": -2.830028, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.587273, "energy": 57.223932, "activity_lines": [ 39.106067, 38.822298, 38.272887, 38.251745 ] }, { "date": "2025-07-04", "close": 39.705, "volume": 201287, "typical_volume": 278144.65, "trend": 38.298033, "fair_value": 34.061461, "relative_strength": -3.836441, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.795033, "energy": 76.703408, "activity_lines": [ 39.337113, 39.03664, 38.421995, 38.345213 ] }, { "date": "2025-07-11", "close": 39.69, "volume": 124140, "typical_volume": 282512.35, "trend": 38.339823, "fair_value": 34.12364, "relative_strength": -3.540237, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.909065, "energy": 84.395699, "activity_lines": [ 39.49816, 39.206709, 38.56665, 38.435018 ] }, { "date": "2025-07-18", "close": 39.801, "volume": 38054, "typical_volume": 280860.3, "trend": 38.394813, "fair_value": 34.184262, "relative_strength": -3.786686, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.677394, "energy": 88.687408, "activity_lines": [ 39.650873, 39.363687, 38.718398, 38.529287 ] }, { "date": "2025-07-25", "close": 40.025, "volume": 55661, "typical_volume": 275628.05, "trend": 38.450417, "fair_value": 34.242179, "relative_strength": -4.575997, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.652667, "energy": 91.795332, "activity_lines": [ 39.81952, 39.525744, 38.887015, 38.63446 ] }, { "date": "2025-08-01", "close": 39.7507, "volume": 180724, "typical_volume": 281322.0, "trend": 38.496717, "fair_value": 34.298235, "relative_strength": -2.779535, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.646402, "energy": 86.660551, "activity_lines": [ 39.822767, 39.614382, 39.021245, 38.71835 ] }, { "date": "2025-08-08", "close": 40.1246, "volume": 75150, "typical_volume": 270351.0, "trend": 38.56571, "fair_value": 34.35351, "relative_strength": -4.113014, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.065979, "energy": 89.945709, "activity_lines": [ 39.932853, 39.745564, 39.180993, 38.823374 ] }, { "date": "2025-08-15", "close": 40.235, "volume": 14814, "typical_volume": 213944.5, "trend": 38.61955, "fair_value": 34.410283, "relative_strength": -4.666663, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.712919, "energy": 91.668802, "activity_lines": [ 40.051767, 39.871462, 39.340148, 38.931071 ] }, { "date": "2025-08-22", "close": 40.3407, "volume": 48267, "typical_volume": 193768.7, "trend": 38.66924, "fair_value": 34.471606, "relative_strength": -4.585865, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.409802, "energy": 90.14653, "activity_lines": [ 40.16958, 39.994305, 39.496821, 39.042112 ] }, { "date": "2025-08-29", "close": 40.34, "volume": 41882, "typical_volume": 168243.55, "trend": 38.721303, "fair_value": 34.536024, "relative_strength": -4.44289, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.417463, "energy": 89.637449, "activity_lines": [ 40.25118, 40.091191, 39.632092, 39.149903 ] }, { "date": "2025-09-05", "close": 40.4268, "volume": 24462, "typical_volume": 158595.35, "trend": 38.774203, "fair_value": 34.597889, "relative_strength": -4.418994, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.268075, "energy": 89.389297, "activity_lines": [ 40.340713, 40.177958, 39.759058, 39.259935 ] }, { "date": "2025-09-12", "close": 40.6095, "volume": 34511, "typical_volume": 113096.45, "trend": 38.825527, "fair_value": 34.664951, "relative_strength": -5.342471, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.316732, "energy": 83.620248, "activity_lines": [ 40.446073, 40.280798, 39.8852, 39.378342 ] }, { "date": "2025-09-19", "close": 40.705, "volume": 143091, "typical_volume": 109424.8, "trend": 38.88371, "fair_value": 34.735784, "relative_strength": -6.143474, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.047167, "energy": 80.210037, "activity_lines": [ 40.55094, 40.384556, 40.00525, 39.499598 ] }, { "date": "2025-09-26", "close": 40.7162, "volume": 49733, "typical_volume": 109641.05, "trend": 38.945463, "fair_value": 34.808644, "relative_strength": -5.72611, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.118314, "energy": 84.987265, "activity_lines": [ 40.628207, 40.471896, 40.11282, 39.617823 ] }, { "date": "2025-10-03", "close": 40.8222, "volume": 86864, "typical_volume": 111471.95, "trend": 39.029877, "fair_value": 34.881094, "relative_strength": -6.388979, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.804558, "energy": 82.345582, "activity_lines": [ 40.715773, 40.561869, 40.216789, 39.738903 ] }, { "date": "2025-10-10", "close": 40.5612, "volume": 62000, "typical_volume": 104270.0, "trend": 39.12754, "fair_value": 34.952256, "relative_strength": -4.587098, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.85239, "energy": 67.196079, "activity_lines": [ 40.684193, 40.589893, 40.285939, 39.837698 ] }, { "date": "2025-10-17", "close": 40.7643, "volume": 95877, "typical_volume": 105882.65, "trend": 39.226613, "fair_value": 35.022028, "relative_strength": -5.64318, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.40673, "energy": 67.841275, "activity_lines": [ 40.711353, 40.640107, 40.363909, 39.943295 ] }, { "date": "2025-10-24", "close": 41.0099, "volume": 43919, "typical_volume": 96401.0, "trend": 39.340277, "fair_value": 35.091258, "relative_strength": -6.736501, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.534567, "energy": 72.153965, "activity_lines": [ 40.81006, 40.723345, 40.455583, 40.058346 ] }, { "date": "2025-10-31", "close": 40.97, "volume": 80019, "typical_volume": 97828.05, "trend": 39.51061, "fair_value": 35.162091, "relative_strength": -7.31558, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.120603, "energy": 69.596043, "activity_lines": [ 40.87514, 40.78524, 40.533933, 40.16349 ] }, { "date": "2025-11-07", "close": 40.9, "volume": 87104, "typical_volume": 100338.3, "trend": 39.645277, "fair_value": 35.228758, "relative_strength": -5.848085, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.599347, "energy": 66.768671, "activity_lines": [ 40.899967, 40.822965, 40.595855, 40.253128 ] }, { "date": "2025-11-14", "close": 40.995, "volume": 24965, "typical_volume": 75626.2, "trend": 39.791777, "fair_value": 35.296482, "relative_strength": -5.639835, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.223236, "energy": 68.266302, "activity_lines": [ 40.951273, 40.867782, 40.657375, 40.340207 ] }, { "date": "2025-11-21", "close": 40.7906, "volume": 29659, "typical_volume": 67044.8, "trend": 39.90413, "fair_value": 35.362368, "relative_strength": -4.190068, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.387919, "energy": 61.196209, "activity_lines": [ 40.905527, 40.865104, 40.692231, 40.404647 ] }, { "date": "2025-11-28", "close": 41.25, "volume": 30362, "typical_volume": 62355.9, "trend": 40.01713, "fair_value": 35.430573, "relative_strength": -6.451757, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.753084, "energy": 65.794349, "activity_lines": [ 41.01116, 40.94266, 40.765671, 40.491477 ] }, { "date": "2025-12-05", "close": 41.34, "volume": 40757, "typical_volume": 62491.05, "trend": 40.133787, "fair_value": 35.501278, "relative_strength": -6.457905, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.808166, "energy": 69.831275, "activity_lines": [ 41.130787, 41.026671, 40.840253, 40.576824 ] }, { "date": "2025-12-12", "close": 41.3949, "volume": 71001, "typical_volume": 63258.05, "trend": 40.222617, "fair_value": 35.573361, "relative_strength": -5.690562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.515006, "energy": 70.121294, "activity_lines": [ 41.244047, 41.109322, 40.912736, 40.658186 ] }, { "date": "2025-12-19", "close": 41.499, "volume": 96133, "typical_volume": 59028.5, "trend": 40.32753, "fair_value": 35.646431, "relative_strength": -5.445839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.16168, "energy": 83.777982, "activity_lines": [ 41.359013, 41.200487, 40.988609, 40.740533 ] }, { "date": "2025-12-26", "close": 41.6591, "volume": 750972, "typical_volume": 92819.6, "trend": 40.425167, "fair_value": 35.720144, "relative_strength": -6.281449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.221874, "energy": 90.040374, "activity_lines": [ 41.493747, 41.303711, 41.071405, 40.826441 ] }, { "date": "2026-01-02", "close": 41.6845, "volume": 23816, "typical_volume": 93269.7, "trend": 40.514317, "fair_value": 35.79357, "relative_strength": -5.115352, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.021091, "energy": 86.952428, "activity_lines": [ 41.579047, 41.395284, 41.149312, 40.907688 ] }, { "date": "2026-01-09", "close": 41.7992, "volume": 148961, "typical_volume": 98304.4, "trend": 40.61029, "fair_value": 35.867657, "relative_strength": -6.177308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.625542, "energy": 89.015172, "activity_lines": [ 41.673613, 41.495445, 41.231241, 40.990584 ] }, { "date": "2026-01-16", "close": 41.79, "volume": 70320, "typical_volume": 99726.3, "trend": 40.706107, "fair_value": 35.942144, "relative_strength": -5.730925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.423896, "energy": 87.315106, "activity_lines": [ 41.7345, 41.578858, 41.305349, 41.066694 ] }, { "date": "2026-01-23", "close": 41.86, "volume": 118614, "typical_volume": 104433.9, "trend": 40.785313, "fair_value": 36.016183, "relative_strength": -5.12866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.606109, "energy": 83.421574, "activity_lines": [ 41.79238, 41.658816, 41.379219, 41.141139 ] }, { "date": "2026-01-30", "close": 41.8643, "volume": 25601, "typical_volume": 103988.4, "trend": 40.85729, "fair_value": 36.089287, "relative_strength": -5.361312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.11205, "energy": 75.116556, "activity_lines": [ 41.827627, 41.723829, 41.446673, 41.210751 ] }, { "date": "2026-02-06", "close": 41.9406, "volume": 57191, "typical_volume": 99693.4, "trend": 40.93231, "fair_value": 36.163201, "relative_strength": -4.86962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.100471, "energy": 69.322173, "activity_lines": [ 41.874627, 41.783193, 41.515419, 41.280642 ] }, { "date": "2026-02-13", "close": 41.881, "volume": 31723, "typical_volume": 98792.9, "trend": 41.001643, "fair_value": 36.237567, "relative_strength": -3.670221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.879049, "energy": 65.154456, "activity_lines": [ 41.884687, 41.819164, 41.572604, 41.341848 ] }, { "date": "2026-02-20", "close": 42.0, "volume": 43497, "typical_volume": 96624.55, "trend": 41.067477, "fair_value": 36.313208, "relative_strength": -4.33476, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.591634, "energy": 68.315877, "activity_lines": [ 41.92896, 41.866935, 41.635577, 41.406258 ] }, { "date": "2026-02-27", "close": 42.045, "volume": 58855, "typical_volume": 96467.3, "trend": 41.143953, "fair_value": 36.389009, "relative_strength": -3.609912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.706105, "energy": 69.810934, "activity_lines": [ 41.974233, 41.911885, 41.697226, 41.469324 ] }, { "date": "2026-03-06", "close": 41.9564, "volume": 66468, "typical_volume": 94996.85, "trend": 41.205013, "fair_value": 36.463922, "relative_strength": -1.721512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.186884, "energy": 63.875257, "activity_lines": [ 41.97764, 41.9308, 41.743372, 41.52174 ] }, { "date": "2026-03-13", "close": 42.14, "volume": 50512, "typical_volume": 95326.5, "trend": 41.268513, "fair_value": 36.53982, "relative_strength": 0.334496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.218626, "energy": 67.996081, "activity_lines": [ 42.036107, 41.977691, 41.801327, 41.582062 ] }, { "date": "2026-03-20", "close": 42.31, "volume": 293677, "typical_volume": 106009.4, "trend": 41.334157, "fair_value": 36.615397, "relative_strength": 2.665025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.093719, "energy": 71.367772, "activity_lines": [ 42.137947, 42.047209, 41.87009, 41.649254 ] }, { "date": "2026-03-27", "close": 41.84, "volume": 1068655, "typical_volume": 155086.95, "trend": 41.384157, "fair_value": 36.685653, "relative_strength": 3.920317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.018357, "energy": 50.361682, "activity_lines": [ 42.05452, 42.021985, 41.887711, 41.681889 ] }, { "date": "2026-04-03", "close": 42.59, "volume": 149011, "typical_volume": 161289.25, "trend": 41.456263, "fair_value": 36.760589, "relative_strength": 2.488991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.512931, "energy": 61.443551, "activity_lines": [ 42.23176, 42.132216, 41.972285, 41.759686 ] }, { "date": "2026-04-10", "close": 43.26, "volume": 127466, "typical_volume": 166179.6, "trend": 41.544613, "fair_value": 36.839051, "relative_strength": 0.669025, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.651582, "energy": 70.813717, "activity_lines": [ 42.596, 42.350993, 42.113072, 41.876056 ] }, { "date": "2026-04-17", "close": 43.88, "volume": 43706, "typical_volume": 166846.8, "trend": 41.650447, "fair_value": 36.92123, "relative_strength": -2.045505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.058514, "energy": 76.941083, "activity_lines": [ 43.08, 42.65712, 42.301149, 42.026726 ] }, { "date": "2026-04-24", "close": 43.9602, "volume": 29967, "typical_volume": 166307.3, "trend": 41.75858, "fair_value": 37.00277, "relative_strength": -2.175183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.420432, "energy": 96.262337, "activity_lines": [ 43.474733, 42.942567, 42.484339, 42.175742 ] }, { "date": "2026-05-01", "close": 44.105, "volume": 60134, "typical_volume": 165763.95, "trend": 41.868007, "fair_value": 37.086071, "relative_strength": -2.577345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.563162, "energy": 94.022905, "activity_lines": [ 43.80772, 43.216538, 42.668843, 42.327124 ] }, { "date": "2026-05-08", "close": 44.3353, "volume": 75754, "typical_volume": 164745.0, "trend": 41.99381, "fair_value": 37.170592, "relative_strength": -4.095173, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.408798, "energy": 93.923771, "activity_lines": [ 44.066473, 43.494109, 42.862375, 42.486304 ] }, { "date": "2026-05-15", "close": 44.3451, "volume": 50791, "typical_volume": 129735.95, "trend": 42.11317, "fair_value": 37.253958, "relative_strength": -4.10049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.81634, "energy": 90.869235, "activity_lines": [ 44.21214, 43.73182, 43.043334, 42.638 ] }, { "date": "2026-05-22", "close": 44.53, "volume": 47409, "typical_volume": 130915.6, "trend": 42.230507, "fair_value": 37.338061, "relative_strength": -4.322577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.124317, "energy": 84.166873, "activity_lines": [ 44.3471, 43.959718, 43.229112, 42.793925 ] }, { "date": "2026-05-29", "close": 44.695, "volume": 31441, "typical_volume": 125039.6, "trend": 42.354673, "fair_value": 37.421397, "relative_strength": -5.128351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.768796, "energy": 72.019529, "activity_lines": [ 44.493727, 44.174162, 43.417054, 42.952925 ] }, { "date": "2026-06-05", "close": 44.4295, "volume": 21503, "typical_volume": 122598.75, "trend": 42.472323, "fair_value": 37.502351, "relative_strength": -3.103312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.745668, "energy": 66.943138, "activity_lines": [ 44.502867, 44.296969, 43.565921, 43.086784 ] }, { "date": "2026-06-12", "close": 44.5241, "volume": 54821, "typical_volume": 119409.1, "trend": 42.58996, "fair_value": 37.582505, "relative_strength": -3.269844, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.38619, "energy": 65.920952, "activity_lines": [ 44.521907, 44.389895, 43.711229, 43.219157 ] }, { "date": "2026-06-19", "close": 44.665, "volume": 22136, "typical_volume": 119235.85, "trend": 42.719107, "fair_value": 37.66414, "relative_strength": -3.666848, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.168211, "energy": 66.00896, "activity_lines": [ 44.575327, 44.473273, 43.85727, 43.353031 ] }, { "date": "2026-06-26", "close": 44.455, "volume": 658782, "typical_volume": 149315.4, "trend": 42.82594, "fair_value": 37.742185, "relative_strength": -1.665248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.240157, "energy": 61.529903, "activity_lines": [ 44.53742, 44.492924, 43.969973, 43.465024 ] }, { "date": "2026-07-03", "close": 44.7376, "volume": 50356, "typical_volume": 150247.05, "trend": 42.939193, "fair_value": 37.822972, "relative_strength": -3.014049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.912941, "energy": 65.237352, "activity_lines": [ 44.598713, 44.553502, 44.097618, 43.588357 ] }, { "date": "2026-07-10", "close": 44.9104, "volume": 26762, "typical_volume": 149410.3, "trend": 43.056377, "fair_value": 37.903231, "relative_strength": -3.80583, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.694662, "energy": 76.452098, "activity_lines": [ 44.714767, 44.631364, 44.228117, 43.715531 ] }, { "date": "2026-07-17", "close": 44.7999, "volume": 31034, "typical_volume": 148019.25, "trend": 43.166407, "fair_value": 37.982269, "relative_strength": -2.42045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.11571, "energy": 82.782786, "activity_lines": [ 44.761927, 44.674491, 44.334233, 43.828017 ] }, { "date": "2026-07-24", "close": 44.76, "volume": 27455, "typical_volume": 146068.6, "trend": 43.26977, "fair_value": 38.060281, "relative_strength": -1.842137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.674017, "energy": 77.230139, "activity_lines": [ 44.7774, 44.701916, 44.423431, 43.930829 ] }, { "date": "2026-07-31", "close": 45.0304, "volume": 31007, "typical_volume": 145093.35, "trend": 43.3813, "fair_value": 38.141437, "relative_strength": -2.18688, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.384694, "energy": 77.135923, "activity_lines": [ 44.876673, 44.770962, 44.52503, 44.044418 ] }, { "date": "2026-08-07", "close": 45.31, "volume": 79925, "typical_volume": 134405.75, "trend": 43.498327, "fair_value": 38.224346, "relative_strength": -4.767366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.302361, "energy": 72.593756, "activity_lines": [ 45.030787, 44.881745, 44.639495, 44.16885 ] } ], "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." } } }