{ "ticker": { "uuid": "10652580-5468-4ef9-a673-7365010baab0", "symbol": "SUSL", "name": "ISHARES ESG MSCI USA LEADERS ETF", "exchange": "NASDAQ", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.079, "architecture_energy": 58.558, "architecture_maturity": 49.384, "architecture_confidence": 81.108, "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": 19.85, "rotation_up": 57.22, "upward_expansion": 81.84, "deceleration": 60.53, "rotation_down": 25.59, "downward_expansion": 8.51 }, "activity_lines": [ 133.686493, 132.691609, 131.17246, 128.398501 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 137.93, "trend_reference": 125.441464, "distance_from_trend": 0.099557, "trend_direction": "Improving", "fair_value": 102.592576, "distance_from_fair_value": 0.344444, "fair_value_direction": "Improving", "relative_strength": -0.816401, "relative_strength_direction": "Improving", "price_momentum": 0.133795, "excess_performance": -0.053659, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.099557, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.033704, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.344444, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.009275, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.008164, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.050346, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.133795, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.788957, "read": "Demand-led" } ], "volume": { "latest": 143225, "relative_activity": 1.140795, "balance": 1.788957, "dry_up": 0.909378, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.024585, "annualized_volatility": 0.151289, "from_high_reference": -0.004942, "from_low_reference": 0.258308 }, "levels": { "trend_reference": 125.441464, "fair_value_reference": 102.592576, "structural_low": 109.615412, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 40, "median_return": 0.019369, "positive_rate": 0.725, "directional_follow_through": 0.725, "median_excess_return": 0.003697, "regime_survival": 0.85, "best_return": 0.079963, "worst_return": -0.075293, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.043778, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.010131, "regime_survival": 0.6, "best_return": 0.137, "worst_return": -0.076444, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.088684, "positive_rate": 0.875, "directional_follow_through": 0.875, "median_excess_return": -0.018135, "regime_survival": 0.625, "best_return": 0.171677, "worst_return": -0.160765, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.194026, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.056325, "regime_survival": 0.5, "best_return": 0.280998, "worst_return": -0.090215, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-04-19", "tenure": "Established", "return": 0.085235, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.034047, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-08-02", "tenure": "Developing", "return": -0.000494, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.058117, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2025-01-03", "tenure": "Established", "return": 0.105219, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-03-07", "tenure": "Developing", "return": -0.026388, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-04", "tenure": "New", "return": -0.097978, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.127936, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.01529, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-11", "tenure": "Developing", "return": 0.042416, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-02-20", "tenure": "Extended", "return": 0.110208, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-03-20", "tenure": "New", "return": -0.055831, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.150568, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.056602, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 74.140522, "volume": 125153, "typical_volume": 1598287.1, "trend": 70.67451, "fair_value": 67.777357, "relative_strength": -5.590623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.897801, "energy": 47.003437, "activity_lines": [ 75.366082, 75.411609, 74.001998, 72.504016 ] }, { "date": "2023-08-25", "close": 75.188838, "volume": 529092, "typical_volume": 1618171.65, "trend": 70.928997, "fair_value": 67.898819, "relative_strength": -5.707243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.981379, "energy": 35.663284, "activity_lines": [ 75.164863, 75.415405, 74.25683, 72.795263 ] }, { "date": "2023-09-01", "close": 77.005273, "volume": 80188, "typical_volume": 1617887.65, "trend": 71.204049, "fair_value": 68.041343, "relative_strength": -6.775755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.787151, "energy": 43.448993, "activity_lines": [ 75.647707, 75.736463, 74.652808, 73.187281 ] }, { "date": "2023-09-08", "close": 76.42556, "volume": 124157, "typical_volume": 1616949.3, "trend": 71.492403, "fair_value": 68.187537, "relative_strength": -6.114685, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.748626, "energy": 44.289735, "activity_lines": [ 75.963721, 75.883958, 74.954695, 73.524152 ] }, { "date": "2023-09-15", "close": 76.087393, "volume": 159486, "typical_volume": 1619301.85, "trend": 71.768205, "fair_value": 68.330608, "relative_strength": -5.955487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.487855, "energy": 47.320161, "activity_lines": [ 76.111548, 75.940455, 75.187612, 73.820603 ] }, { "date": "2023-09-22", "close": 73.526992, "volume": 182652, "typical_volume": 1625837.55, "trend": 72.019114, "fair_value": 68.461927, "relative_strength": -5.851525, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.351176, "energy": 29.620689, "activity_lines": [ 75.36404, 75.493129, 75.145198, 73.934074 ] }, { "date": "2023-09-29", "close": 73.165691, "volume": 243745, "typical_volume": 1631353.3, "trend": 72.213839, "fair_value": 68.584314, "relative_strength": -6.258127, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.083284, "energy": 10.812816, "activity_lines": [ 74.537, 75.028773, 75.046653, 74.008046 ] }, { "date": "2023-10-06", "close": 73.762388, "volume": 131092, "typical_volume": 1633740.15, "trend": 72.538296, "fair_value": 68.699139, "relative_strength": -6.991418, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.526833, "energy": 16.796736, "activity_lines": [ 74.043735, 74.731123, 74.985027, 74.107953 ] }, { "date": "2023-10-13", "close": 73.93218, "volume": 87843, "typical_volume": 1608908.05, "trend": 72.815506, "fair_value": 68.813563, "relative_strength": -6.726399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.66821, "energy": 21.30022, "activity_lines": [ 73.82326, 74.530508, 74.922783, 74.197881 ] }, { "date": "2023-10-20", "close": 71.972298, "volume": 198285, "typical_volume": 1614470.2, "trend": 72.998892, "fair_value": 68.917984, "relative_strength": -6.297826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.574642, "energy": 27.279633, "activity_lines": [ 73.115717, 74.003758, 74.658305, 74.14348 ] }, { "date": "2023-10-27", "close": 70.060928, "volume": 189495, "typical_volume": 197245.7, "trend": 73.046325, "fair_value": 69.030115, "relative_strength": -6.118593, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.404543, "energy": 58.260774, "activity_lines": [ 72.045389, 73.192888, 74.212013, 73.953934 ] }, { "date": "2023-11-03", "close": 74.281466, "volume": 168482, "typical_volume": 200015.45, "trend": 73.239005, "fair_value": 69.144334, "relative_strength": -6.251443, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.308835, "energy": 32.874318, "activity_lines": [ 72.612979, 73.223563, 74.177833, 74.033621 ] }, { "date": "2023-11-10", "close": 75.416645, "volume": 140197, "typical_volume": 204110.4, "trend": 73.458219, "fair_value": 69.258351, "relative_strength": -7.253663, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 28.779957, "energy": 20.373293, "activity_lines": [ 73.484577, 73.477132, 74.252682, 74.174114 ] }, { "date": "2023-11-17", "close": 77.386229, "volume": 120368, "typical_volume": 163118.0, "trend": 73.747582, "fair_value": 69.38687, "relative_strength": -6.468432, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.911983, "energy": 28.993877, "activity_lines": [ 74.902418, 74.117691, 74.504823, 74.427534 ] }, { "date": "2023-11-24", "close": 78.278849, "volume": 53127, "typical_volume": 154154.6, "trend": 74.041013, "fair_value": 69.512169, "relative_strength": -5.957737, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.751432, "energy": 52.640673, "activity_lines": [ 76.38753, 74.903078, 74.829671, 74.719873 ] }, { "date": "2023-12-01", "close": 79.113254, "volume": 233305, "typical_volume": 160293.2, "trend": 74.379274, "fair_value": 69.638174, "relative_strength": -4.805734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.270819, "energy": 78.994682, "activity_lines": [ 77.730341, 75.80033, 75.213522, 75.047115 ] }, { "date": "2023-12-08", "close": 79.084147, "volume": 1478722, "typical_volume": 226725.2, "trend": 74.715922, "fair_value": 69.76728, "relative_strength": -5.109802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.605883, "energy": 82.577815, "activity_lines": [ 78.45996, 76.590722, 75.580743, 75.350655 ] }, { "date": "2023-12-15", "close": 80.743255, "volume": 144575, "typical_volume": 230366.6, "trend": 75.066136, "fair_value": 69.901136, "relative_strength": -5.966406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.156293, "energy": 87.301576, "activity_lines": [ 79.422437, 77.575161, 76.093039, 75.739515 ] }, { "date": "2023-12-22", "close": 81.797165, "volume": 96809, "typical_volume": 229566.05, "trend": 75.437352, "fair_value": 70.044195, "relative_strength": -5.301253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.406506, "energy": 91.584895, "activity_lines": [ 80.38111, 78.624296, 76.689793, 76.173775 ] }, { "date": "2023-12-29", "close": 82.137865, "volume": 82521, "typical_volume": 228464.7, "trend": 75.774655, "fair_value": 70.182017, "relative_strength": -4.875168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.902794, "energy": 91.436718, "activity_lines": [ 81.159287, 79.592376, 77.289454, 76.606066 ] }, { "date": "2024-01-05", "close": 80.755597, "volume": 96598, "typical_volume": 227036.95, "trend": 76.060053, "fair_value": 70.302419, "relative_strength": -3.137951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.540827, "energy": 85.443213, "activity_lines": [ 81.21944, 80.124306, 77.725669, 76.927417 ] }, { "date": "2024-01-12", "close": 82.663516, "volume": 112406, "typical_volume": 206202.65, "trend": 76.333042, "fair_value": 70.440887, "relative_strength": -3.635988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.921963, "energy": 87.124436, "activity_lines": [ 81.806077, 80.808683, 78.312089, 77.353447 ] }, { "date": "2024-01-19", "close": 83.987378, "volume": 138806, "typical_volume": 209133.55, "trend": 76.690739, "fair_value": 70.582486, "relative_strength": -4.481578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.017353, "energy": 87.878771, "activity_lines": [ 82.595376, 81.58136, 78.988998, 77.847275 ] }, { "date": "2024-01-26", "close": 84.629841, "volume": 198478, "typical_volume": 212849.6, "trend": 77.018322, "fair_value": 70.738926, "relative_strength": -4.083937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.918652, "energy": 89.747075, "activity_lines": [ 83.382555, 82.315017, 79.693846, 78.359475 ] }, { "date": "2024-02-02", "close": 85.632472, "volume": 140054, "typical_volume": 211878.0, "trend": 77.406701, "fair_value": 70.882751, "relative_strength": -3.888718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.780793, "energy": 94.624484, "activity_lines": [ 84.315099, 83.099269, 80.455114, 78.915227 ] }, { "date": "2024-02-09", "close": 87.248363, "volume": 73641, "typical_volume": 206427.45, "trend": 77.774868, "fair_value": 71.033284, "relative_strength": -3.626003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.589891, "energy": 95.851705, "activity_lines": [ 85.5533, 84.043617, 81.324824, 79.550173 ] }, { "date": "2024-02-16", "close": 86.868726, "volume": 114453, "typical_volume": 199962.85, "trend": 78.124906, "fair_value": 71.182195, "relative_strength": -2.374895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.424571, "energy": 92.255248, "activity_lines": [ 86.232104, 84.771029, 82.093039, 80.136874 ] }, { "date": "2024-02-23", "close": 88.377539, "volume": 105222, "typical_volume": 198669.35, "trend": 78.490777, "fair_value": 71.351516, "relative_strength": -1.859732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.507115, "energy": 92.387385, "activity_lines": [ 87.133498, 85.631233, 82.939697, 80.798334 ] }, { "date": "2024-03-01", "close": 89.331499, "volume": 310542, "typical_volume": 209804.3, "trend": 78.948708, "fair_value": 71.525098, "relative_strength": -2.532142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.523497, "energy": 79.11091, "activity_lines": [ 88.060202, 86.526079, 83.807612, 81.497735 ] }, { "date": "2024-03-08", "close": 89.195219, "volume": 78585, "typical_volume": 203819.3, "trend": 79.40657, "fair_value": 71.686793, "relative_strength": -1.032532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.758531, "energy": 70.936531, "activity_lines": [ 88.628035, 87.259159, 84.589219, 82.1588 ] }, { "date": "2024-03-15", "close": 89.166016, "volume": 118080, "typical_volume": 200248.55, "trend": 79.907419, "fair_value": 71.851803, "relative_strength": 0.199943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.321146, "energy": 69.28215, "activity_lines": [ 88.948617, 87.858614, 85.28603, 82.788442 ] }, { "date": "2024-03-22", "close": 91.596547, "volume": 120135, "typical_volume": 197831.2, "trend": 80.454343, "fair_value": 72.024194, "relative_strength": 0.021084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.244645, "energy": 74.347293, "activity_lines": [ 89.951533, 88.747066, 86.123344, 83.542579 ] }, { "date": "2024-03-29", "close": 91.616071, "volume": 125803, "typical_volume": 197111.5, "trend": 80.94137, "fair_value": 72.190825, "relative_strength": 0.660942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.705227, "energy": 71.832146, "activity_lines": [ 90.645769, 89.47665, 86.880064, 84.262691 ] }, { "date": "2024-04-05", "close": 90.425111, "volume": 124035, "typical_volume": 197294.85, "trend": 81.408021, "fair_value": 72.339613, "relative_strength": 0.259257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.468759, "energy": 66.413098, "activity_lines": [ 90.727115, 89.850992, 87.44622, 84.874545 ] }, { "date": "2024-04-12", "close": 88.970578, "volume": 95188, "typical_volume": 199397.9, "trend": 81.837461, "fair_value": 72.47133, "relative_strength": -0.72283, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.233009, "energy": 64.13027, "activity_lines": [ 90.25071, 89.855505, 87.811759, 85.362452 ] }, { "date": "2024-04-19", "close": 85.85651, "volume": 95374, "typical_volume": 192501.35, "trend": 82.248445, "fair_value": 72.582726, "relative_strength": 1.368218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.139761, "energy": 41.762307, "activity_lines": [ 88.751259, 89.233131, 87.829806, 85.621745 ] }, { "date": "2024-04-26", "close": 88.88272, "volume": 149201, "typical_volume": 126025.3, "trend": 82.772346, "fair_value": 72.715682, "relative_strength": 1.061085, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.058672, "energy": 28.069923, "activity_lines": [ 88.481178, 89.186284, 88.103954, 86.049763 ] }, { "date": "2024-05-03", "close": 88.902244, "volume": 100217, "typical_volume": 123807.4, "trend": 83.277008, "fair_value": 72.842158, "relative_strength": 0.145922, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.353646, "energy": 24.864301, "activity_lines": [ 88.398526, 89.106368, 88.333301, 86.445241 ] }, { "date": "2024-05-10", "close": 90.425111, "volume": 127169, "typical_volume": 125325.4, "trend": 83.826772, "fair_value": 72.985602, "relative_strength": 0.431431, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.753077, "energy": 28.597125, "activity_lines": [ 89.004419, 89.293797, 88.668831, 86.906408 ] }, { "date": "2024-05-17", "close": 91.90893, "volume": 50828, "typical_volume": 123740.75, "trend": 84.491326, "fair_value": 73.140418, "relative_strength": -0.049448, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.819441, "energy": 50.259227, "activity_lines": [ 90.104918, 89.731127, 89.104591, 87.427838 ] }, { "date": "2024-05-24", "close": 92.387266, "volume": 80607, "typical_volume": 122941.2, "trend": 85.235538, "fair_value": 73.292056, "relative_strength": -0.86458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.699323, "energy": 65.182129, "activity_lines": [ 91.168973, 90.206088, 89.539378, 87.937254 ] }, { "date": "2024-05-31", "close": 91.855239, "volume": 105805, "typical_volume": 122611.15, "trend": 85.82133, "fair_value": 73.437401, "relative_strength": 0.153719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.027224, "energy": 68.163473, "activity_lines": [ 91.620301, 90.525748, 89.868108, 88.364331 ] }, { "date": "2024-06-07", "close": 93.19751, "volume": 98330, "typical_volume": 120587.35, "trend": 86.414026, "fair_value": 73.588425, "relative_strength": -1.036963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.830287, "energy": 76.805245, "activity_lines": [ 92.320885, 91.084754, 90.280902, 88.840214 ] }, { "date": "2024-06-14", "close": 94.787659, "volume": 104842, "typical_volume": 115905.55, "trend": 86.994073, "fair_value": 73.758554, "relative_strength": -2.702707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.725232, "energy": 81.891403, "activity_lines": [ 93.265168, 91.904124, 90.801281, 89.380448 ] }, { "date": "2024-06-21", "close": 95.560597, "volume": 61945, "typical_volume": 112000.1, "trend": 87.570131, "fair_value": 73.920631, "relative_strength": -2.073355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.928773, "energy": 83.074282, "activity_lines": [ 94.17626, 92.78471, 91.346903, 89.933127 ] }, { "date": "2024-06-28", "close": 95.325781, "volume": 102291, "typical_volume": 113432.6, "trend": 88.110549, "fair_value": 74.073554, "relative_strength": -2.207425, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.982103, "energy": 81.390813, "activity_lines": [ 94.765635, 93.502783, 91.822885, 90.433491 ] }, { "date": "2024-07-05", "close": 97.057553, "volume": 52149, "typical_volume": 110317.4, "trend": 88.709663, "fair_value": 74.237459, "relative_strength": -3.781687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.152222, "energy": 88.11838, "activity_lines": [ 95.736367, 94.363555, 92.425333, 91.010718 ] }, { "date": "2024-07-12", "close": 98.202285, "volume": 170730, "typical_volume": 113592.8, "trend": 89.29163, "fair_value": 74.410809, "relative_strength": -2.346697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.776983, "energy": 90.03166, "activity_lines": [ 96.741856, 95.283827, 93.088286, 91.623145 ] }, { "date": "2024-07-19", "close": 95.560597, "volume": 123350, "typical_volume": 104233.2, "trend": 89.750411, "fair_value": 74.557349, "relative_strength": -1.024516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.714695, "energy": 71.702938, "activity_lines": [ 96.53313, 95.5547, 93.452864, 92.027594 ] }, { "date": "2024-07-26", "close": 94.562626, "volume": 218896, "typical_volume": 111248.75, "trend": 90.16457, "fair_value": 74.697974, "relative_strength": 0.527877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.45182, "energy": 56.06073, "activity_lines": [ 95.940217, 95.550752, 93.692736, 92.33806 ] }, { "date": "2024-08-02", "close": 92.341652, "volume": 381636, "typical_volume": 124426.55, "trend": 90.550772, "fair_value": 74.820568, "relative_strength": 1.266136, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.485675, "energy": 32.257122, "activity_lines": [ 94.673512, 95.094741, 93.695527, 92.478517 ] }, { "date": "2024-08-09", "close": 92.087267, "volume": 153002, "typical_volume": 126069.9, "trend": 90.864897, "fair_value": 74.937798, "relative_strength": 0.64362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.234508, "energy": 22.871583, "activity_lines": [ 93.520953, 94.593308, 93.658968, 92.577645 ] }, { "date": "2024-08-16", "close": 96.040015, "volume": 81004, "typical_volume": 123829.95, "trend": 91.266651, "fair_value": 75.080547, "relative_strength": -0.417312, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.274023, "energy": 25.809358, "activity_lines": [ 94.01733, 94.806338, 93.996525, 92.911524 ] }, { "date": "2024-08-23", "close": 97.752219, "volume": 143774, "typical_volume": 124816.9, "trend": 91.704064, "fair_value": 75.227948, "relative_strength": 0.349693, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.765457, "energy": 27.685293, "activity_lines": [ 95.228592, 95.278995, 94.476083, 93.329948 ] }, { "date": "2024-08-30", "close": 97.439131, "volume": 101156, "typical_volume": 125115.3, "trend": 92.097619, "fair_value": 75.371777, "relative_strength": 0.818917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.046396, "energy": 42.072321, "activity_lines": [ 96.189384, 95.640826, 94.890932, 93.699952 ] }, { "date": "2024-09-06", "close": 93.055886, "volume": 60173, "typical_volume": 123355.25, "trend": 92.291203, "fair_value": 75.495397, "relative_strength": 2.193709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.011689, "energy": 32.328184, "activity_lines": [ 95.497327, 95.171549, 94.848003, 93.761776 ] }, { "date": "2024-09-13", "close": 97.605459, "volume": 110060, "typical_volume": 121398.2, "trend": 92.649095, "fair_value": 75.649746, "relative_strength": 1.192591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.921448, "energy": 41.130734, "activity_lines": [ 96.274179, 95.570737, 95.204083, 94.104631 ] }, { "date": "2024-09-20", "close": 98.446885, "volume": 108807, "typical_volume": 121827.7, "trend": 92.984739, "fair_value": 75.806869, "relative_strength": 0.586612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.988328, "energy": 46.116686, "activity_lines": [ 96.963627, 96.11295, 95.598762, 94.478682 ] }, { "date": "2024-09-27", "close": 99.385617, "volume": 109738, "typical_volume": 120956.15, "trend": 93.319877, "fair_value": 75.982274, "relative_strength": 0.519422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.078279, "energy": 45.006278, "activity_lines": [ 97.805527, 96.821394, 96.037394, 94.891642 ] }, { "date": "2024-10-04", "close": 99.316913, "volume": 99846, "typical_volume": 123407.05, "trend": 93.657267, "fair_value": 76.151862, "relative_strength": 0.330899, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.133038, "energy": 65.072836, "activity_lines": [ 98.515633, 97.447801, 96.426814, 95.278547 ] }, { "date": "2024-10-11", "close": 100.376921, "volume": 115761, "typical_volume": 125164.75, "trend": 94.030963, "fair_value": 76.317671, "relative_strength": 0.163427, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.337431, "energy": 68.945919, "activity_lines": [ 99.453889, 98.180495, 96.88191, 95.712073 ] }, { "date": "2024-10-18", "close": 101.407485, "volume": 79674, "typical_volume": 123858.2, "trend": 94.357995, "fair_value": 76.481808, "relative_strength": 0.957703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.594884, "energy": 74.83972, "activity_lines": [ 100.247598, 98.954468, 97.39711, 96.187978 ] }, { "date": "2024-10-25", "close": 100.946185, "volume": 88181, "typical_volume": 123350.75, "trend": 94.668998, "fair_value": 76.6303, "relative_strength": 0.330566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.131989, "energy": 72.018243, "activity_lines": [ 100.634071, 99.47511, 97.822889, 96.613022 ] }, { "date": "2024-11-01", "close": 99.042096, "volume": 890891, "typical_volume": 162653.2, "trend": 94.956231, "fair_value": 76.756012, "relative_strength": 0.033411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.479181, "energy": 58.189216, "activity_lines": [ 100.219229, 99.560352, 98.030428, 96.895158 ] }, { "date": "2024-11-08", "close": 104.332324, "volume": 130311, "typical_volume": 166071.5, "trend": 95.468289, "fair_value": 76.918718, "relative_strength": -0.119108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.02211, "energy": 71.359555, "activity_lines": [ 101.590697, 100.584, 98.721539, 97.500067 ] }, { "date": "2024-11-15", "close": 102.173047, "volume": 151370, "typical_volume": 168525.45, "trend": 96.012174, "fair_value": 77.066434, "relative_strength": 1.237063, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.865193, "energy": 57.598022, "activity_lines": [ 101.908045, 101.089722, 99.165234, 97.932632 ] }, { "date": "2024-11-22", "close": 103.861209, "volume": 166076, "typical_volume": 174221.8, "trend": 96.511457, "fair_value": 77.238143, "relative_strength": 1.005147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.662302, "energy": 63.951444, "activity_lines": [ 102.668372, 101.736616, 99.737101, 98.439021 ] }, { "date": "2024-11-29", "close": 104.70529, "volume": 56061, "typical_volume": 168488.35, "trend": 97.038225, "fair_value": 77.421426, "relative_strength": 1.026122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.286281, "energy": 79.254197, "activity_lines": [ 103.546478, 102.423238, 100.356958, 98.967656 ] }, { "date": "2024-12-06", "close": 105.804558, "volume": 71254, "typical_volume": 165883.55, "trend": 97.550873, "fair_value": 77.594959, "relative_strength": -1.139816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.643323, "energy": 85.015478, "activity_lines": [ 104.5404, 103.195938, 101.050541, 99.533226 ] }, { "date": "2024-12-13", "close": 104.626771, "volume": 102028, "typical_volume": 160040.15, "trend": 97.974801, "fair_value": 77.772253, "relative_strength": -2.955823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.840273, "energy": 83.225556, "activity_lines": [ 104.690895, 103.637786, 101.583172, 99.989735 ] }, { "date": "2024-12-20", "close": 102.530827, "volume": 198833, "typical_volume": 150900.0, "trend": 98.31292, "fair_value": 77.923266, "relative_strength": -2.690409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.102317, "energy": 58.142272, "activity_lines": [ 104.123112, 103.602011, 101.868266, 100.283672 ] }, { "date": "2024-12-27", "close": 103.023101, "volume": 37827, "typical_volume": 145141.25, "trend": 98.685182, "fair_value": 78.072404, "relative_strength": -3.065378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.493206, "energy": 45.857084, "activity_lines": [ 103.695569, 103.616579, 102.151722, 100.587555 ] }, { "date": "2025-01-03", "close": 102.847162, "volume": 92905, "typical_volume": 145736.3, "trend": 99.006837, "fair_value": 78.234897, "relative_strength": -2.428962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.720788, "energy": 30.250325, "activity_lines": [ 103.265253, 103.569783, 102.366348, 100.85607 ] }, { "date": "2025-01-10", "close": 100.364821, "volume": 76252, "typical_volume": 142360.2, "trend": 99.192743, "fair_value": 78.384508, "relative_strength": -2.59825, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.776192, "energy": 20.593011, "activity_lines": [ 102.131365, 103.037089, 102.312144, 100.943682 ] }, { "date": "2025-01-17", "close": 103.741821, "volume": 119121, "typical_volume": 143258.45, "trend": 99.46545, "fair_value": 78.581399, "relative_strength": -2.112383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.348622, "energy": 20.256341, "activity_lines": [ 102.485794, 103.094345, 102.567119, 101.23717 ] }, { "date": "2025-01-24", "close": 105.76999, "volume": 66945, "typical_volume": 143597.05, "trend": 99.81359, "fair_value": 78.788625, "relative_strength": -1.674565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.215726, "energy": 32.550256, "activity_lines": [ 103.575275, 103.531096, 102.98524, 101.643915 ] }, { "date": "2025-01-31", "close": 102.934491, "volume": 82400, "typical_volume": 142214.05, "trend": 100.009488, "fair_value": 78.969858, "relative_strength": -2.931665, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.419268, "energy": 25.628312, "activity_lines": [ 103.503645, 103.386903, 103.072771, 101.845263 ] }, { "date": "2025-02-07", "close": 102.422526, "volume": 77266, "typical_volume": 140637.0, "trend": 100.150163, "fair_value": 79.157372, "relative_strength": -3.485593, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.947419, "energy": 28.936898, "activity_lines": [ 103.267268, 103.166474, 103.086166, 102.000943 ] }, { "date": "2025-02-14", "close": 103.30862, "volume": 60794, "typical_volume": 138189.8, "trend": 100.40843, "fair_value": 79.358697, "relative_strength": -5.307149, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.822442, "energy": 23.890321, "activity_lines": [ 103.354565, 103.148658, 103.165019, 102.204715 ] }, { "date": "2025-02-21", "close": 102.264999, "volume": 67828, "typical_volume": 136588.9, "trend": 100.665176, "fair_value": 79.549879, "relative_strength": -4.029838, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.734418, "energy": 10.910597, "activity_lines": [ 102.897735, 102.986474, 103.125799, 102.324493 ] }, { "date": "2025-02-28", "close": 100.512503, "volume": 217317, "typical_volume": 141666.7, "trend": 100.937538, "fair_value": 79.735523, "relative_strength": -2.314191, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.427842, "energy": 8.863214, "activity_lines": [ 101.955194, 102.548595, 102.905637, 102.314643 ] }, { "date": "2025-03-07", "close": 97.716387, "volume": 154631, "typical_volume": 145414.55, "trend": 101.125175, "fair_value": 79.918029, "relative_strength": -1.815623, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.063378, "energy": 37.037711, "activity_lines": [ 100.431114, 101.639028, 102.418532, 102.106827 ] }, { "date": "2025-03-14", "close": 95.8359, "volume": 160684, "typical_volume": 149039.7, "trend": 101.118371, "fair_value": 80.058545, "relative_strength": -1.205085, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.978188, "energy": 57.116879, "activity_lines": [ 98.628078, 100.484041, 101.769909, 101.765584 ] }, { "date": "2025-03-21", "close": 96.052267, "volume": 131141, "typical_volume": 111052.2, "trend": 101.061706, "fair_value": 80.194338, "relative_strength": -1.165019, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.34307, "energy": 68.837265, "activity_lines": [ 97.336273, 99.49587, 101.166228, 101.438738 ] }, { "date": "2025-03-28", "close": 94.373895, "volume": 565600, "typical_volume": 132816.65, "trend": 100.959532, "fair_value": 80.316453, "relative_strength": -0.512848, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.744993, "energy": 73.916719, "activity_lines": [ 95.968768, 98.280951, 100.416938, 101.007266 ] }, { "date": "2025-04-04", "close": 86.446053, "volume": 356396, "typical_volume": 143067.95, "trend": 100.739204, "fair_value": 80.396017, "relative_strength": 1.125199, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -94.526321, "energy": 94.267943, "activity_lines": [ 92.484722, 95.794932, 98.960038, 100.070913 ] }, { "date": "2025-04-11", "close": 91.214605, "volume": 253277, "typical_volume": 147428.0, "trend": 100.526176, "fair_value": 80.518489, "relative_strength": -0.714389, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.675683, "energy": 82.651317, "activity_lines": [ 91.527957, 94.527267, 98.032175, 99.456423 ] }, { "date": "2025-04-18", "close": 89.921271, "volume": 144898, "typical_volume": 151869.85, "trend": 100.241988, "fair_value": 80.643186, "relative_strength": 0.203541, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.973012, "energy": 82.833719, "activity_lines": [ 90.573533, 93.237539, 97.04136, 98.772235 ] }, { "date": "2025-04-25", "close": 93.939492, "volume": 171124, "typical_volume": 156863.35, "trend": 100.060451, "fair_value": 80.805191, "relative_strength": -1.541789, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.139309, "energy": 56.883745, "activity_lines": [ 91.352824, 92.905692, 96.503633, 98.365623 ] }, { "date": "2025-05-02", "close": 97.167891, "volume": 117687, "typical_volume": 157646.3, "trend": 99.988817, "fair_value": 80.992268, "relative_strength": -1.485716, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.143277, "energy": 35.725818, "activity_lines": [ 93.3491, 93.331174, 96.329873, 98.179006 ] }, { "date": "2025-05-09", "close": 96.940817, "volume": 79379, "typical_volume": 151673.6, "trend": 99.87428, "fair_value": 81.187311, "relative_strength": -1.475717, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.23465, "energy": 22.954164, "activity_lines": [ 95.083418, 93.808045, 96.170005, 97.982361 ] }, { "date": "2025-05-16", "close": 102.88423, "volume": 105413, "typical_volume": 155052.9, "trend": 99.923505, "fair_value": 81.433948, "relative_strength": -2.09101, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -5.192476, "energy": 19.046344, "activity_lines": [ 98.099223, 95.430476, 96.602795, 98.176551 ] }, { "date": "2025-05-23", "close": 100.731964, "volume": 66953, "typical_volume": 153755.3, "trend": 99.916364, "fair_value": 81.639738, "relative_strength": -1.781102, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.687658, "energy": 24.908061, "activity_lines": [ 99.619631, 96.567626, 96.831269, 98.22871 ] }, { "date": "2025-05-30", "close": 102.272118, "volume": 117499, "typical_volume": 155817.65, "trend": 100.024032, "fair_value": 81.861114, "relative_strength": -2.100369, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.35735, "energy": 32.189748, "activity_lines": [ 100.932711, 97.895784, 97.216497, 98.380694 ] }, { "date": "2025-06-06", "close": 103.757971, "volume": 79201, "typical_volume": 153821.65, "trend": 100.004887, "fair_value": 82.113275, "relative_strength": -2.641509, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.903982, "energy": 39.619535, "activity_lines": [ 102.185566, 99.381009, 97.734152, 98.621593 ] }, { "date": "2025-06-13", "close": 103.575325, "volume": 77331, "typical_volume": 154340.95, "trend": 100.051629, "fair_value": 82.384816, "relative_strength": -2.244006, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.558955, "energy": 51.905327, "activity_lines": [ 102.938201, 100.662406, 98.234335, 98.851944 ] }, { "date": "2025-06-20", "close": 102.725306, "volume": 55097, "typical_volume": 152975.8, "trend": 100.013766, "fair_value": 82.622857, "relative_strength": -2.973792, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.664704, "energy": 45.241101, "activity_lines": [ 102.965196, 101.477813, 98.664015, 99.024439 ] }, { "date": "2025-06-27", "close": 106.872324, "volume": 100902, "typical_volume": 154157.6, "trend": 100.086, "fair_value": 82.900531, "relative_strength": -3.032993, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.633861, "energy": 54.681335, "activity_lines": [ 104.385125, 102.837938, 99.489646, 99.466927 ] }, { "date": "2025-07-04", "close": 108.34704, "volume": 54650, "typical_volume": 153850.4, "trend": 100.17075, "fair_value": 83.178146, "relative_strength": -3.114073, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.406398, "energy": 66.199399, "activity_lines": [ 105.887269, 104.157991, 100.434535, 99.999897 ] }, { "date": "2025-07-11", "close": 108.158989, "volume": 102794, "typical_volume": 155598.7, "trend": 100.28849, "fair_value": 83.461263, "relative_strength": -2.888783, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.04158, "energy": 83.482739, "activity_lines": [ 106.921734, 105.181899, 101.337523, 100.515268 ] }, { "date": "2025-07-18", "close": 109.351826, "volume": 60942, "typical_volume": 147779.95, "trend": 100.515857, "fair_value": 83.742635, "relative_strength": -2.984407, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.853721, "energy": 88.9416, "activity_lines": [ 108.060411, 106.222847, 102.326048, 101.099999 ] }, { "date": "2025-07-25", "close": 111.018452, "volume": 35651, "typical_volume": 141830.95, "trend": 100.782369, "fair_value": 84.016641, "relative_strength": -2.306752, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.346908, "energy": 91.944106, "activity_lines": [ 109.369529, 107.341164, 103.431207, 101.777586 ] }, { "date": "2025-08-01", "close": 108.802321, "volume": 51217, "typical_volume": 136357.6, "trend": 100.980874, "fair_value": 84.274916, "relative_strength": -1.999379, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.460836, "energy": 86.171703, "activity_lines": [ 109.387061, 107.908653, 104.261962, 102.295002 ] }, { "date": "2025-08-08", "close": 110.522888, "volume": 56078, "typical_volume": 132604.45, "trend": 101.319476, "fair_value": 84.531293, "relative_strength": -3.909094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.414237, "energy": 86.335784, "activity_lines": [ 109.849448, 108.642239, 105.194837, 102.910616 ] }, { "date": "2025-08-15", "close": 111.42484, "volume": 833823, "typical_volume": 146015.6, "trend": 101.575577, "fair_value": 84.798331, "relative_strength": -3.497511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.302785, "energy": 88.647882, "activity_lines": [ 110.46743, 109.389802, 106.144703, 103.562575 ] }, { "date": "2025-08-22", "close": 112.17259, "volume": 74385, "typical_volume": 131915.05, "trend": 101.788997, "fair_value": 85.090101, "relative_strength": -1.855972, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.129047, "energy": 80.526918, "activity_lines": [ 111.116938, 110.133922, 107.084589, 104.246253 ] }, { "date": "2025-08-29", "close": 111.716319, "volume": 59002, "typical_volume": 122201.3, "trend": 102.081724, "fair_value": 85.394599, "relative_strength": -1.892921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.850657, "energy": 81.322918, "activity_lines": [ 111.426305, 110.638769, 107.858514, 104.886725 ] }, { "date": "2025-09-05", "close": 111.515995, "volume": 28495, "typical_volume": 116381.15, "trend": 102.38484, "fair_value": 85.680392, "relative_strength": -2.891035, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.847449, "energy": 74.308884, "activity_lines": [ 111.622373, 110.943721, 108.515732, 105.495388 ] }, { "date": "2025-09-12", "close": 113.628896, "volume": 68497, "typical_volume": 111249.8, "trend": 102.728849, "fair_value": 86.002353, "relative_strength": -2.718866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.412448, "energy": 70.124792, "activity_lines": [ 112.341829, 111.548407, 109.271348, 106.220811 ] }, { "date": "2025-09-19", "close": 115.064027, "volume": 76960, "typical_volume": 109213.45, "trend": 103.155483, "fair_value": 86.352113, "relative_strength": -3.45269, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.135637, "energy": 71.645362, "activity_lines": [ 113.332595, 112.317991, 110.069883, 107.016629 ] }, { "date": "2025-09-26", "close": 114.873088, "volume": 83188, "typical_volume": 109403.9, "trend": 103.63417, "fair_value": 86.710049, "relative_strength": -3.060577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.493497, "energy": 70.910538, "activity_lines": [ 114.017103, 112.927313, 110.765014, 107.772603 ] }, { "date": "2025-10-03", "close": 116.867927, "volume": 197601, "typical_volume": 114013.3, "trend": 104.272554, "fair_value": 87.077525, "relative_strength": -2.450977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.18748, "energy": 84.52439, "activity_lines": [ 115.186524, 113.798947, 111.564738, 108.626394 ] }, { "date": "2025-10-10", "close": 114.146744, "volume": 118566, "typical_volume": 116593.95, "trend": 104.882916, "fair_value": 87.433194, "relative_strength": -2.408251, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.946184, "energy": 65.778635, "activity_lines": [ 115.105443, 114.069466, 112.038713, 109.263439 ] }, { "date": "2025-10-17", "close": 116.402686, "volume": 566149, "typical_volume": 139026.45, "trend": 105.561263, "fair_value": 87.788313, "relative_strength": -2.730733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.149707, "energy": 68.210194, "activity_lines": [ 115.600959, 114.652985, 112.663659, 110.00665 ] }, { "date": "2025-10-24", "close": 118.234968, "volume": 90846, "typical_volume": 139608.7, "trend": 106.356632, "fair_value": 88.13704, "relative_strength": -3.183343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.125083, "energy": 71.297918, "activity_lines": [ 116.522317, 115.462741, 113.39582, 110.824308 ] }, { "date": "2025-10-31", "close": 120.131162, "volume": 52043, "typical_volume": 138344.3, "trend": 107.479469, "fair_value": 88.511096, "relative_strength": -3.377463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.238392, "energy": 73.074027, "activity_lines": [ 117.864344, 116.493439, 114.239633, 111.712987 ] }, { "date": "2025-11-07", "close": 117.426851, "volume": 86888, "typical_volume": 139933.85, "trend": 108.353211, "fair_value": 88.842694, "relative_strength": -2.44997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.468836, "energy": 64.93268, "activity_lines": [ 117.954395, 116.887742, 114.747055, 112.354754 ] }, { "date": "2025-11-14", "close": 117.886534, "volume": 66877, "typical_volume": 138232.6, "trend": 109.285386, "fair_value": 89.180916, "relative_strength": -1.799946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.21744, "energy": 60.15626, "activity_lines": [ 118.160412, 117.261797, 115.228249, 112.969807 ] }, { "date": "2025-11-21", "close": 115.943003, "volume": 120786, "typical_volume": 141539.4, "trend": 110.018836, "fair_value": 89.497549, "relative_strength": -0.246624, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.036369, "energy": 50.195976, "activity_lines": [ 117.469266, 117.166654, 115.471896, 113.399331 ] }, { "date": "2025-11-28", "close": 119.509915, "volume": 193036, "typical_volume": 146051.5, "trend": 110.763571, "fair_value": 89.830429, "relative_strength": -1.893489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.246623, "energy": 48.324975, "activity_lines": [ 117.997737, 117.677966, 116.019078, 114.011658 ] }, { "date": "2025-12-05", "close": 120.365569, "volume": 93786, "typical_volume": 147693.7, "trend": 111.544396, "fair_value": 90.182826, "relative_strength": -2.083356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.29736, "energy": 51.302411, "activity_lines": [ 118.726429, 118.264017, 116.593699, 114.631142 ] }, { "date": "2025-12-12", "close": 119.727153, "volume": 66153, "typical_volume": 149218.8, "trend": 112.105826, "fair_value": 90.540826, "relative_strength": -0.689637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.051629, "energy": 49.015896, "activity_lines": [ 119.226688, 118.634129, 117.055072, 115.159062 ] }, { "date": "2025-12-19", "close": 120.375591, "volume": 106817, "typical_volume": 151998.8, "trend": 112.760614, "fair_value": 90.905013, "relative_strength": -0.671264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.49632, "energy": 53.339324, "activity_lines": [ 119.78974, 119.070154, 117.536731, 115.692595 ] }, { "date": "2025-12-26", "close": 122.379296, "volume": 78803, "typical_volume": 153135.05, "trend": 113.430853, "fair_value": 91.281614, "relative_strength": -0.233567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.772353, "energy": 67.668816, "activity_lines": [ 120.854757, 119.757236, 118.154108, 116.313155 ] }, { "date": "2026-01-02", "close": 120.808262, "volume": 36331, "typical_volume": 113260.45, "trend": 113.999196, "fair_value": 91.644208, "relative_strength": 0.238039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.886312, "energy": 54.386182, "activity_lines": [ 120.967009, 120.05001, 118.565403, 116.789117 ] }, { "date": "2026-01-09", "close": 123.055426, "volume": 128136, "typical_volume": 115948.0, "trend": 114.648533, "fair_value": 92.008162, "relative_strength": -0.077424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.695072, "energy": 65.028118, "activity_lines": [ 121.74176, 120.704572, 119.146031, 117.37339 ] }, { "date": "2026-01-16", "close": 122.657293, "volume": 237684, "typical_volume": 124882.1, "trend": 115.312933, "fair_value": 92.371475, "relative_strength": 0.487023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.094238, "energy": 63.977436, "activity_lines": [ 122.204476, 121.233578, 119.636919, 117.890084 ] }, { "date": "2026-01-23", "close": 122.959078, "volume": 239677, "typical_volume": 135441.2, "trend": 115.849158, "fair_value": 92.726634, "relative_strength": 0.530083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.428598, "energy": 53.561177, "activity_lines": [ 122.572444, 121.722355, 120.104449, 118.383384 ] }, { "date": "2026-01-30", "close": 122.440509, "volume": 123589, "typical_volume": 138195.8, "trend": 116.31894, "fair_value": 93.07078, "relative_strength": 0.254523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.389882, "energy": 50.617852, "activity_lines": [ 122.595323, 122.024619, 120.4681, 118.808633 ] }, { "date": "2026-02-06", "close": 121.6534, "volume": 364268, "typical_volume": 152561.2, "trend": 116.768754, "fair_value": 93.416155, "relative_strength": 1.579817, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.460297, "energy": 43.708985, "activity_lines": [ 122.351752, 122.065636, 120.714828, 119.152791 ] }, { "date": "2026-02-13", "close": 120.372505, "volume": 125248, "typical_volume": 154664.2, "trend": 117.13611, "fair_value": 93.753073, "relative_strength": 1.730861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.987347, "energy": 31.215938, "activity_lines": [ 121.624873, 121.83479, 120.808188, 119.385291 ] }, { "date": "2026-02-20", "close": 121.403272, "volume": 137658, "typical_volume": 151667.05, "trend": 117.48227, "fair_value": 94.108224, "relative_strength": 1.400705, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.403271, "energy": 24.565348, "activity_lines": [ 121.420445, 121.79123, 120.973529, 119.660592 ] }, { "date": "2026-02-27", "close": 120.110235, "volume": 210977, "typical_volume": 156287.6, "trend": 117.859201, "fair_value": 94.446597, "relative_strength": 0.581683, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.706669, "energy": 19.811952, "activity_lines": [ 120.868606, 121.482097, 120.994126, 119.830138 ] }, { "date": "2026-03-06", "close": 117.538692, "volume": 119741, "typical_volume": 133967.2, "trend": 118.093061, "fair_value": 94.78961, "relative_strength": -0.298129, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.374298, "energy": 15.708551, "activity_lines": [ 119.649508, 120.710236, 120.741418, 119.80946 ] }, { "date": "2026-03-13", "close": 115.876685, "volume": 138000, "typical_volume": 136324.9, "trend": 118.241456, "fair_value": 95.111795, "relative_strength": -0.654909, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.324006, "energy": 33.409541, "activity_lines": [ 118.203196, 119.724203, 120.325013, 119.666468 ] }, { "date": "2026-03-20", "close": 113.404303, "volume": 192526, "typical_volume": 143349.05, "trend": 118.282513, "fair_value": 95.412651, "relative_strength": -0.769334, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.367343, "energy": 57.683553, "activity_lines": [ 116.317872, 118.378311, 119.684373, 119.354394 ] }, { "date": "2026-03-27", "close": 110.371294, "volume": 112646, "typical_volume": 144636.95, "trend": 118.237679, "fair_value": 95.680173, "relative_strength": -0.144677, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.545701, "energy": 76.744598, "activity_lines": [ 113.88609, 116.656438, 118.786908, 118.843993 ] }, { "date": "2026-04-03", "close": 114.477107, "volume": 175283, "typical_volume": 150057.25, "trend": 118.336382, "fair_value": 95.974891, "relative_strength": -0.300199, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.22402, "energy": 67.539369, "activity_lines": [ 113.558379, 115.904458, 118.31407, 118.601375 ] }, { "date": "2026-04-10", "close": 117.997174, "volume": 276008, "typical_volume": 157818.35, "trend": 118.481992, "fair_value": 96.29, "relative_strength": -1.539185, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.119948, "energy": 49.900422, "activity_lines": [ 114.779565, 115.946707, 118.192713, 118.579491 ] }, { "date": "2026-04-17", "close": 124.423721, "volume": 96073, "typical_volume": 152970.2, "trend": 118.793981, "fair_value": 96.647169, "relative_strength": -2.109659, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 15.846637, "energy": 10.836082, "activity_lines": [ 118.112368, 117.238208, 118.673625, 118.962828 ] }, { "date": "2026-04-24", "close": 125.245761, "volume": 103648, "typical_volume": 153463.3, "trend": 119.139737, "fair_value": 97.004668, "relative_strength": -3.484532, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 31.259541, "energy": 33.053172, "activity_lines": [ 121.149381, 118.628801, 119.209428, 119.379072 ] }, { "date": "2026-05-01", "close": 126.989729, "volume": 115423, "typical_volume": 155926.8, "trend": 119.477131, "fair_value": 97.376618, "relative_strength": -3.525663, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 74.535611, "energy": 57.240914, "activity_lines": [ 123.978287, 120.247875, 119.888085, 119.885523 ] }, { "date": "2026-05-08", "close": 130.541129, "volume": 185919, "typical_volume": 159881.9, "trend": 120.02361, "fair_value": 97.771211, "relative_strength": -5.851011, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.718733, "energy": 83.108229, "activity_lines": [ 126.883097, 122.411086, 120.870386, 120.599329 ] }, { "date": "2026-05-15", "close": 130.640117, "volume": 205519, "typical_volume": 166217.7, "trend": 120.498191, "fair_value": 98.158411, "relative_strength": -5.345715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.866874, "energy": 87.195581, "activity_lines": [ 128.749969, 124.402642, 121.813707, 121.284265 ] }, { "date": "2026-05-22", "close": 131.328943, "volume": 73719, "typical_volume": 168087.1, "trend": 120.934657, "fair_value": 98.547311, "relative_strength": -5.844131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.438343, "energy": 87.76032, "activity_lines": [ 130.003586, 126.281231, 122.783294, 121.983024 ] }, { "date": "2026-05-29", "close": 132.636145, "volume": 66213, "typical_volume": 164990.95, "trend": 121.35149, "fair_value": 98.935883, "relative_strength": -7.416347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.120697, "energy": 88.845944, "activity_lines": [ 131.232589, 128.116543, 123.827277, 122.737958 ] }, { "date": "2026-06-05", "close": 130.340857, "volume": 111157, "typical_volume": 158664.6, "trend": 121.781957, "fair_value": 99.308622, "relative_strength": -4.617712, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.591784, "energy": 75.68978, "activity_lines": [ 131.203804, 129.18486, 124.607039, 123.317917 ] }, { "date": "2026-06-12", "close": 131.039562, "volume": 169069, "typical_volume": 155134.2, "trend": 122.220391, "fair_value": 99.671223, "relative_strength": -6.12517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.236299, "energy": 58.228746, "activity_lines": [ 131.184512, 130.017132, 125.416756, 123.915182 ] }, { "date": "2026-06-19", "close": 131.968, "volume": 41909, "typical_volume": 151050.2, "trend": 122.754557, "fair_value": 100.047579, "relative_strength": -7.760521, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.77559, "energy": 57.364018, "activity_lines": [ 131.44147, 130.717075, 126.276417, 124.54406 ] }, { "date": "2026-06-26", "close": 129.7249, "volume": 160456, "typical_volume": 140859.6, "trend": 123.095057, "fair_value": 100.399646, "relative_strength": -4.942405, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.730411, "energy": 48.712197, "activity_lines": [ 130.862203, 130.755166, 126.877081, 124.99376 ] }, { "date": "2026-07-03", "close": 132.2513, "volume": 73300, "typical_volume": 138262.2, "trend": 123.491248, "fair_value": 100.773173, "relative_strength": -3.823006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.561213, "energy": 51.260276, "activity_lines": [ 131.232005, 131.156218, 127.679919, 125.584485 ] }, { "date": "2026-07-10", "close": 133.4745, "volume": 87942, "typical_volume": 135776.4, "trend": 123.949493, "fair_value": 101.140296, "relative_strength": -4.547419, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.479822, "energy": 55.250925, "activity_lines": [ 132.035197, 131.652297, 128.542686, 126.228566 ] }, { "date": "2026-07-17", "close": 131.0913, "volume": 98425, "typical_volume": 130148.8, "trend": 124.306683, "fair_value": 101.491089, "relative_strength": -2.114138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.62622, "energy": 49.735911, "activity_lines": [ 131.83508, 131.597161, 129.120999, 126.689328 ] }, { "date": "2026-07-24", "close": 129.4353, "volume": 148424, "typical_volume": 131582.95, "trend": 124.541883, "fair_value": 101.824639, "relative_strength": -1.708469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.541117, "energy": 41.119582, "activity_lines": [ 131.079513, 131.230932, 129.489308, 127.020206 ] }, { "date": "2026-07-31", "close": 132.9211, "volume": 66610, "typical_volume": 128013.45, "trend": 124.945645, "fair_value": 102.192124, "relative_strength": 0.426678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.824222, "energy": 45.542004, "activity_lines": [ 131.654727, 131.52039, 130.132947, 127.560801 ] }, { "date": "2026-08-07", "close": 137.93, "volume": 143225, "typical_volume": 125548.4, "trend": 125.441464, "fair_value": 102.592576, "relative_strength": -0.816401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.078815, "energy": 58.557882, "activity_lines": [ 133.686493, 132.691609, 131.17246, 128.398501 ] } ], "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." } } }