{ "ticker": { "uuid": "1113870b-15f0-47b5-bd72-bb9b612041cd", "symbol": "FNDX", "name": "SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF", "exchange": "NYSEARCA", "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": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 86.637, "architecture_energy": 80.243, "architecture_maturity": 43.6, "architecture_confidence": 85.317, "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": 1.04, "rotation_up": 71.75, "upward_expansion": 93.96, "deceleration": 45.09, "rotation_down": 22.63, "downward_expansion": 15.96 }, "activity_lines": [ 31.826667, 31.557262, 31.056957, 30.447819 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 32.31, "trend_reference": 29.720301, "distance_from_trend": 0.087136, "trend_direction": "Improving", "fair_value": 23.929736, "distance_from_fair_value": 0.350203, "fair_value_direction": "Improving", "relative_strength": 1.998824, "relative_strength_direction": "Improving", "price_momentum": 0.113216, "excess_performance": -0.012409, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.087136, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.051426, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.350203, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.025246, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.019988, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.003166, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.113216, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.56645, "read": "Demand-led" } ], "volume": { "latest": 11865353, "relative_activity": 0.621418, "balance": 1.56645, "dry_up": 0.673915, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.017446, "annualized_volatility": 0.09181, "from_high_reference": -0.004928, "from_low_reference": 0.319596 }, "levels": { "trend_reference": 29.720301, "fair_value_reference": 23.929736, "structural_low": 27.21, "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": 0.013361, "positive_rate": 0.725, "directional_follow_through": 0.725, "median_excess_return": 0.002367, "regime_survival": 0.775, "best_return": 0.051552, "worst_return": -0.107586, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.048175, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.014314, "regime_survival": 0.666667, "best_return": 0.079962, "worst_return": -0.060068, "sufficient": true }, { "horizon": "Extended", "sample_count": 9, "median_return": 0.075099, "positive_rate": 0.888889, "directional_follow_through": 0.888889, "median_excess_return": 0.008913, "regime_survival": 0.666667, "best_return": 0.148423, "worst_return": -0.007698, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.129202, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.036187, "regime_survival": 0.5, "best_return": 0.222156, "worst_return": 0.037686, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-20", "end": "2023-11-24", "tenure": "Developing", "return": 0.068865, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-01", "end": "2023-12-08", "tenure": "New", "return": 0.001378, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-15", "end": "2024-04-26", "tenure": "Established", "return": 0.070272, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.035446, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-12-27", "tenure": "Extended", "return": 0.091125, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.034439, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-07", "tenure": "Developing", "return": -0.017178, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": 0.001437, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-23", "tenure": "Developing", "return": 0.093677, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-27", "tenure": "Developing", "return": 0.037996, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": -0.004396, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-03-13", "tenure": "Extended", "return": 0.135382, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.073703, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.099071, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 18.181603, "volume": 1555336, "typical_volume": 1730741.2, "trend": 17.705459, "fair_value": 16.39602, "relative_strength": -2.579605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.657894, "energy": 48.385108, "activity_lines": [ 18.51064, 18.465173, 18.154158, 17.923082 ] }, { "date": "2023-08-25", "close": 18.162571, "volume": 1847026, "typical_volume": 1764097.25, "trend": 17.720473, "fair_value": 16.434322, "relative_strength": -3.403611, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.772999, "energy": 29.829695, "activity_lines": [ 18.365153, 18.427746, 18.17912, 17.952573 ] }, { "date": "2023-09-01", "close": 18.597128, "volume": 2351261, "typical_volume": 1804245.8, "trend": 17.743063, "fair_value": 16.476576, "relative_strength": -3.497785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.041849, "energy": 30.31385, "activity_lines": [ 18.400256, 18.468808, 18.241484, 18.009131 ] }, { "date": "2023-09-08", "close": 18.362404, "volume": 1373590, "typical_volume": 1789815.15, "trend": 17.763796, "fair_value": 16.519159, "relative_strength": -3.459909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.360681, "energy": 21.882098, "activity_lines": [ 18.377841, 18.452372, 18.276402, 18.049088 ] }, { "date": "2023-09-15", "close": 18.432187, "volume": 1607464, "typical_volume": 1761913.95, "trend": 17.786646, "fair_value": 16.561998, "relative_strength": -2.927076, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.595384, "energy": 25.004468, "activity_lines": [ 18.393912, 18.446778, 18.313661, 18.092211 ] }, { "date": "2023-09-22", "close": 17.985038, "volume": 1637989, "typical_volume": 1750349.65, "trend": 17.810191, "fair_value": 16.603845, "relative_strength": -2.405771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.642192, "energy": 16.404546, "activity_lines": [ 18.273198, 18.353713, 18.304283, 18.10501 ] }, { "date": "2023-09-29", "close": 17.838429, "volume": 2169021, "typical_volume": 1768663.0, "trend": 17.819636, "fair_value": 16.643269, "relative_strength": -2.504851, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.230696, "energy": 11.579411, "activity_lines": [ 18.11672, 18.241891, 18.277743, 18.106832 ] }, { "date": "2023-10-06", "close": 17.695008, "volume": 4018299, "typical_volume": 1872199.8, "trend": 17.853406, "fair_value": 16.678767, "relative_strength": -3.678589, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.083264, "energy": 23.055072, "activity_lines": [ 17.934043, 18.119633, 18.234382, 18.098791 ] }, { "date": "2023-10-13", "close": 17.803371, "volume": 1785376, "typical_volume": 1876003.0, "trend": 17.896652, "fair_value": 16.714863, "relative_strength": -3.434113, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.189104, "energy": 33.009437, "activity_lines": [ 17.847629, 18.039131, 18.199839, 18.095563 ] }, { "date": "2023-10-20", "close": 17.494218, "volume": 2249911, "typical_volume": 1918375.25, "trend": 17.923834, "fair_value": 16.748881, "relative_strength": -2.708828, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.461808, "energy": 54.572129, "activity_lines": [ 17.695433, 17.916736, 18.133172, 18.0696 ] }, { "date": "2023-10-27", "close": 17.038457, "volume": 2634242, "typical_volume": 1955677.9, "trend": 17.91394, "fair_value": 16.784545, "relative_strength": -2.721669, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.750558, "energy": 67.311212, "activity_lines": [ 17.453848, 17.731875, 18.023456, 18.012479 ] }, { "date": "2023-11-03", "close": 18.039219, "volume": 2363692, "typical_volume": 1955291.45, "trend": 17.937719, "fair_value": 16.822134, "relative_strength": -2.565864, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.081477, "energy": 36.504176, "activity_lines": [ 17.608955, 17.749754, 18.012462, 18.020561 ] }, { "date": "2023-11-10", "close": 18.029658, "volume": 2085350, "typical_volume": 1984563.1, "trend": 17.954446, "fair_value": 16.85548, "relative_strength": -3.787841, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.432767, "energy": 23.200457, "activity_lines": [ 17.74749, 17.768138, 18.001009, 18.026493 ] }, { "date": "2023-11-17", "close": 18.530039, "volume": 2213404, "typical_volume": 2015517.55, "trend": 17.990167, "fair_value": 16.891763, "relative_strength": -3.215671, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 17.850443, "energy": 12.66517, "activity_lines": [ 18.030508, 17.887818, 18.036032, 18.063628 ] }, { "date": "2023-11-24", "close": 18.698957, "volume": 1686633, "typical_volume": 2022637.8, "trend": 18.027416, "fair_value": 16.926374, "relative_strength": -3.15975, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 49.362323, "energy": 40.14787, "activity_lines": [ 18.321387, 18.035163, 18.08586, 18.109356 ] }, { "date": "2023-12-01", "close": 18.976239, "volume": 2048030, "typical_volume": 2024338.75, "trend": 18.08285, "fair_value": 16.9607, "relative_strength": -2.422328, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 67.626551, "energy": 60.16195, "activity_lines": [ 18.624378, 18.228072, 18.15921, 18.170571 ] }, { "date": "2023-12-08", "close": 19.002397, "volume": 1975068, "typical_volume": 2040320.25, "trend": 18.143786, "fair_value": 16.99595, "relative_strength": -2.406027, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.905399, "energy": 78.292062, "activity_lines": [ 18.806903, 18.407715, 18.2324, 18.229896 ] }, { "date": "2023-12-15", "close": 19.556768, "volume": 2390751, "typical_volume": 2074987.8, "trend": 18.216362, "fair_value": 17.03456, "relative_strength": -1.798636, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.532013, "energy": 87.276492, "activity_lines": [ 19.110007, 18.66699, 18.35694, 18.321056 ] }, { "date": "2023-12-22", "close": 19.749035, "volume": 2819142, "typical_volume": 2121239.55, "trend": 18.299976, "fair_value": 17.074344, "relative_strength": -1.612255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.700774, "energy": 91.348207, "activity_lines": [ 19.375392, 18.927372, 18.496703, 18.419938 ] }, { "date": "2023-12-29", "close": 19.848373, "volume": 1496760, "typical_volume": 2115417.25, "trend": 18.375959, "fair_value": 17.113835, "relative_strength": -1.337123, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.874632, "energy": 92.273067, "activity_lines": [ 19.592623, 19.17044, 18.64041, 18.519835 ] }, { "date": "2024-01-05", "close": 19.704172, "volume": 2280337, "typical_volume": 2151667.3, "trend": 18.440928, "fair_value": 17.149592, "relative_strength": -0.374744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.27539, "energy": 88.181319, "activity_lines": [ 19.685159, 19.344487, 18.764517, 18.605526 ] }, { "date": "2024-01-12", "close": 19.758648, "volume": 2766296, "typical_volume": 2197630.8, "trend": 18.495087, "fair_value": 17.18537, "relative_strength": -1.787347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.595612, "energy": 86.469064, "activity_lines": [ 19.747326, 19.479971, 18.886561, 18.69054 ] }, { "date": "2024-01-19", "close": 19.813124, "volume": 3799823, "typical_volume": 2270058.9, "trend": 18.562793, "fair_value": 17.220818, "relative_strength": -2.539114, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.573254, "energy": 80.467056, "activity_lines": [ 19.777234, 19.594098, 19.006193, 18.775575 ] }, { "date": "2024-01-26", "close": 20.107933, "volume": 2226106, "typical_volume": 2312684.7, "trend": 18.624361, "fair_value": 17.25959, "relative_strength": -1.962009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.856363, "energy": 78.083544, "activity_lines": [ 19.888321, 19.729399, 19.148111, 18.875261 ] }, { "date": "2024-02-02", "close": 20.252134, "volume": 3009928, "typical_volume": 2382807.9, "trend": 18.696339, "fair_value": 17.296846, "relative_strength": -2.504562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.518444, "energy": 88.805044, "activity_lines": [ 20.023549, 19.86223, 19.295452, 18.980279 ] }, { "date": "2024-02-09", "close": 20.32904, "volume": 3179886, "typical_volume": 2459902.75, "trend": 18.75999, "fair_value": 17.33318, "relative_strength": -3.313377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.377553, "energy": 88.698253, "activity_lines": [ 20.157495, 19.980804, 19.44145, 19.085615 ] }, { "date": "2024-02-16", "close": 20.396334, "volume": 2763638, "typical_volume": 2489633.6, "trend": 18.81658, "fair_value": 17.369519, "relative_strength": -2.512714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.734572, "energy": 89.039809, "activity_lines": [ 20.272215, 20.087017, 19.582695, 19.191185 ] }, { "date": "2024-02-23", "close": 20.668712, "volume": 1866854, "typical_volume": 2382061.35, "trend": 18.875271, "fair_value": 17.408108, "relative_strength": -2.674092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.573276, "energy": 89.375845, "activity_lines": [ 20.435214, 20.217409, 19.7377, 19.310678 ] }, { "date": "2024-03-01", "close": 20.803299, "volume": 2450535, "typical_volume": 2415319.3, "trend": 18.949022, "fair_value": 17.444441, "relative_strength": -2.837501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.142776, "energy": 82.944469, "activity_lines": [ 20.586037, 20.352054, 19.891363, 19.435066 ] }, { "date": "2024-03-08", "close": 20.915455, "volume": 3029365, "typical_volume": 2454292.0, "trend": 19.025665, "fair_value": 17.477153, "relative_strength": -1.961741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.106184, "energy": 77.534079, "activity_lines": [ 20.727888, 20.487923, 20.041421, 19.561933 ] }, { "date": "2024-03-15", "close": 20.9475, "volume": 2439418, "typical_volume": 2444550.8, "trend": 19.117862, "fair_value": 17.511581, "relative_strength": -1.671081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.313502, "energy": 81.773019, "activity_lines": [ 20.836198, 20.610216, 20.17824, 19.685922 ] }, { "date": "2024-03-22", "close": 21.365511, "volume": 1794229, "typical_volume": 2416077.65, "trend": 19.224626, "fair_value": 17.547663, "relative_strength": -1.818828, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.242081, "energy": 86.176866, "activity_lines": [ 21.042615, 20.785906, 20.336256, 19.830932 ] }, { "date": "2024-03-29", "close": 21.687329, "volume": 1665393, "typical_volume": 2395079.8, "trend": 19.327633, "fair_value": 17.585361, "relative_strength": -0.625726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.410043, "energy": 84.758539, "activity_lines": [ 21.291693, 20.990892, 20.509081, 19.989816 ] }, { "date": "2024-04-05", "close": 21.404129, "volume": 2123040, "typical_volume": 2390561.6, "trend": 19.429024, "fair_value": 17.619941, "relative_strength": -0.969266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.010824, "energy": 70.625602, "activity_lines": [ 21.378463, 21.110311, 20.637517, 20.123784 ] }, { "date": "2024-04-12", "close": 20.898875, "volume": 1970587, "typical_volume": 2404759.3, "trend": 19.511247, "fair_value": 17.650192, "relative_strength": -1.772293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.088665, "energy": 65.837362, "activity_lines": [ 21.25676, 21.114299, 20.704147, 20.218613 ] }, { "date": "2024-04-19", "close": 20.654293, "volume": 2987994, "typical_volume": 2451757.5, "trend": 19.600222, "fair_value": 17.678973, "relative_strength": 0.212474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.363366, "energy": 51.257053, "activity_lines": [ 21.054635, 21.062058, 20.737008, 20.292358 ] }, { "date": "2024-04-26", "close": 20.931057, "volume": 1902351, "typical_volume": 2448121.65, "trend": 19.703309, "fair_value": 17.708847, "relative_strength": -0.984238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.267309, "energy": 36.846035, "activity_lines": [ 20.964311, 21.054224, 20.788237, 20.378218 ] }, { "date": "2024-05-03", "close": 20.972893, "volume": 2273318, "typical_volume": 2442250.0, "trend": 19.812572, "fair_value": 17.735469, "relative_strength": -1.303562, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.326276, "energy": 26.058157, "activity_lines": [ 20.916897, 21.044274, 20.834267, 20.460127 ] }, { "date": "2024-05-10", "close": 21.417002, "volume": 2236245, "typical_volume": 2413105.15, "trend": 19.933027, "fair_value": 17.765773, "relative_strength": -1.005992, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.352032, "energy": 37.154712, "activity_lines": [ 21.065148, 21.109541, 20.915848, 20.563638 ] }, { "date": "2024-05-17", "close": 21.716293, "volume": 1729599, "typical_volume": 2424747.1, "trend": 20.073762, "fair_value": 17.798814, "relative_strength": -1.204451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.30643, "energy": 55.924103, "activity_lines": [ 21.312304, 21.218066, 21.017992, 20.678688 ] }, { "date": "2024-05-24", "close": 21.429875, "volume": 1703826, "typical_volume": 2395921.55, "trend": 20.220143, "fair_value": 17.828812, "relative_strength": -2.452832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.609364, "energy": 52.784932, "activity_lines": [ 21.409493, 21.259955, 21.083962, 20.766179 ] }, { "date": "2024-05-31", "close": 21.516766, "volume": 1465749, "typical_volume": 2330894.2, "trend": 20.336061, "fair_value": 17.857889, "relative_strength": -1.633921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.865023, "energy": 57.343075, "activity_lines": [ 21.48394, 21.308871, 21.14999, 20.849832 ] }, { "date": "2024-06-07", "close": 21.426657, "volume": 1720478, "typical_volume": 2226926.95, "trend": 20.449295, "fair_value": 17.886913, "relative_strength": -3.184031, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.779595, "energy": 53.687195, "activity_lines": [ 21.489304, 21.338654, 21.199064, 20.920193 ] }, { "date": "2024-06-14", "close": 21.38482, "volume": 1547816, "typical_volume": 2193012.45, "trend": 20.544454, "fair_value": 17.920299, "relative_strength": -4.832276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.162913, "energy": 41.830394, "activity_lines": [ 21.450471, 21.36557, 21.23647, 20.980549 ] }, { "date": "2024-06-21", "close": 21.603657, "volume": 1558955, "typical_volume": 2120463.8, "trend": 20.641277, "fair_value": 17.951591, "relative_strength": -4.386177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.536558, "energy": 43.295986, "activity_lines": [ 21.48673, 21.432625, 21.288638, 21.048885 ] }, { "date": "2024-06-28", "close": 21.657375, "volume": 2701891, "typical_volume": 2096564.05, "trend": 20.730649, "fair_value": 17.982601, "relative_strength": -4.009313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.298445, "energy": 43.043868, "activity_lines": [ 21.548403, 21.496633, 21.339485, 21.11444 ] }, { "date": "2024-07-05", "close": 21.751144, "volume": 1692009, "typical_volume": 2042982.6, "trend": 20.822273, "fair_value": 18.014604, "relative_strength": -5.289807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.909022, "energy": 46.567781, "activity_lines": [ 21.626166, 21.559452, 21.392938, 21.180278 ] }, { "date": "2024-07-12", "close": 22.200587, "volume": 1865283, "typical_volume": 2042904.05, "trend": 20.910401, "fair_value": 18.051597, "relative_strength": -4.170458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.218002, "energy": 73.547638, "activity_lines": [ 21.838118, 21.689077, 21.482743, 21.269202 ] }, { "date": "2024-07-19", "close": 22.171487, "volume": 2423331, "typical_volume": 2041543.85, "trend": 20.991149, "fair_value": 18.087192, "relative_strength": -2.308181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.819034, "energy": 78.721336, "activity_lines": [ 21.988775, 21.79109, 21.562482, 21.350562 ] }, { "date": "2024-07-26", "close": 22.262022, "volume": 2247042, "typical_volume": 2002427.7, "trend": 21.071604, "fair_value": 18.122801, "relative_strength": -1.040078, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.749888, "energy": 81.553245, "activity_lines": [ 22.117165, 21.895845, 21.644329, 21.432554 ] }, { "date": "2024-08-02", "close": 21.715576, "volume": 2278897, "typical_volume": 1994401.65, "trend": 21.138651, "fair_value": 18.153931, "relative_strength": -1.312488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.683448, "energy": 56.759632, "activity_lines": [ 22.019516, 21.891325, 21.66772, 21.4741 ] }, { "date": "2024-08-09", "close": 21.718809, "volume": 3686086, "typical_volume": 2088994.5, "trend": 21.20399, "fair_value": 18.183695, "relative_strength": -1.240339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.35292, "energy": 38.698713, "activity_lines": [ 21.919065, 21.882198, 21.687763, 21.51153 ] }, { "date": "2024-08-16", "close": 22.342857, "volume": 2215786, "typical_volume": 2116514.15, "trend": 21.288314, "fair_value": 18.219334, "relative_strength": -2.22231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.14549, "energy": 42.323951, "activity_lines": [ 22.028785, 21.98286, 21.765555, 21.585005 ] }, { "date": "2024-08-23", "close": 22.704999, "volume": 1778690, "typical_volume": 2099296.65, "trend": 21.374883, "fair_value": 18.254932, "relative_strength": -1.952478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.706332, "energy": 49.80239, "activity_lines": [ 22.249735, 22.132708, 21.874716, 21.676404 ] }, { "date": "2024-08-30", "close": 22.905471, "volume": 2037574, "typical_volume": 2102646.0, "trend": 21.463327, "fair_value": 18.292302, "relative_strength": -1.305227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.237155, "energy": 69.930593, "activity_lines": [ 22.501941, 22.295003, 21.996775, 21.775152 ] }, { "date": "2024-09-06", "close": 22.119752, "volume": 1498724, "typical_volume": 2028182.5, "trend": 21.523018, "fair_value": 18.326804, "relative_strength": -0.537557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.967678, "energy": 61.927107, "activity_lines": [ 22.449344, 22.29077, 22.034449, 21.817502 ] }, { "date": "2024-09-13", "close": 22.630631, "volume": 1713567, "typical_volume": 2018743.3, "trend": 21.597494, "fair_value": 18.364718, "relative_strength": -2.080772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.605137, "energy": 60.902544, "activity_lines": [ 22.540095, 22.371017, 22.113799, 21.888961 ] }, { "date": "2024-09-20", "close": 23.063908, "volume": 1564987, "typical_volume": 1983326.75, "trend": 21.677334, "fair_value": 18.4045, "relative_strength": -1.523165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.015356, "energy": 59.028964, "activity_lines": [ 22.714484, 22.514052, 22.22632, 21.983568 ] }, { "date": "2024-09-27", "close": 23.228137, "volume": 1602683, "typical_volume": 1951648.65, "trend": 21.758162, "fair_value": 18.446099, "relative_strength": -1.304849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.549286, "energy": 54.984852, "activity_lines": [ 22.895546, 22.671249, 22.344525, 22.08362 ] }, { "date": "2024-10-04", "close": 23.283341, "volume": 1927200, "typical_volume": 1961528.7, "trend": 21.837092, "fair_value": 18.486522, "relative_strength": -1.279451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.199727, "energy": 69.416636, "activity_lines": [ 23.060133, 22.819272, 22.459363, 22.182019 ] }, { "date": "2024-10-11", "close": 23.439213, "volume": 2394127, "typical_volume": 1996043.75, "trend": 21.920149, "fair_value": 18.52661, "relative_strength": -1.687023, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.025657, "energy": 76.878603, "activity_lines": [ 23.251486, 22.977065, 22.581584, 22.285381 ] }, { "date": "2024-10-18", "close": 23.663279, "volume": 6518635, "typical_volume": 2248688.05, "trend": 21.996741, "fair_value": 18.566506, "relative_strength": -1.523231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.062284, "energy": 81.309669, "activity_lines": [ 23.429563, 23.14426, 22.715576, 22.397841 ] }, { "date": "2024-10-25", "close": 23.224889, "volume": 5575006, "typical_volume": 2441414.45, "trend": 22.047993, "fair_value": 18.604023, "relative_strength": -2.332509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.562977, "energy": 64.560621, "activity_lines": [ 23.392668, 23.196392, 22.797596, 22.477077 ] }, { "date": "2024-11-01", "close": 23.049534, "volume": 5149068, "typical_volume": 2621477.05, "trend": 22.10284, "fair_value": 18.637766, "relative_strength": -1.633787, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.69185, "energy": 51.160029, "activity_lines": [ 23.286589, 23.200605, 22.854351, 22.541692 ] }, { "date": "2024-11-08", "close": 24.072442, "volume": 7171103, "typical_volume": 2902084.45, "trend": 22.208626, "fair_value": 18.678165, "relative_strength": -1.874415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.172148, "energy": 59.911063, "activity_lines": [ 23.533386, 23.384537, 23.0006, 22.668763 ] }, { "date": "2024-11-15", "close": 23.721731, "volume": 6613942, "typical_volume": 3097687.0, "trend": 22.310873, "fair_value": 18.717906, "relative_strength": -1.196424, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.599179, "energy": 53.099983, "activity_lines": [ 23.610672, 23.483486, 23.101691, 22.766383 ] }, { "date": "2024-11-22", "close": 24.189346, "volume": 7587368, "typical_volume": 3392454.95, "trend": 22.419483, "fair_value": 18.761958, "relative_strength": -0.853163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.973218, "energy": 64.985484, "activity_lines": [ 23.824996, 23.638329, 23.237487, 22.887575 ] }, { "date": "2024-11-29", "close": 24.462121, "volume": 5448465, "typical_volume": 3571614.05, "trend": 22.535791, "fair_value": 18.809074, "relative_strength": -0.846243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.160598, "energy": 84.053951, "activity_lines": [ 24.095173, 23.814427, 23.387651, 23.019358 ] }, { "date": "2024-12-06", "close": 24.228314, "volume": 7396823, "typical_volume": 3820288.65, "trend": 22.629501, "fair_value": 18.850614, "relative_strength": -2.55275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.604388, "energy": 80.854316, "activity_lines": [ 24.204933, 23.922593, 23.504778, 23.128553 ] }, { "date": "2024-12-13", "close": 23.901416, "volume": 9439726, "typical_volume": 4179922.85, "trend": 22.702339, "fair_value": 18.891794, "relative_strength": -3.180723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.970995, "energy": 73.707108, "activity_lines": [ 24.127141, 23.953137, 23.580978, 23.210612 ] }, { "date": "2024-12-20", "close": 23.226068, "volume": 13923483, "typical_volume": 4762152.15, "trend": 22.762212, "fair_value": 18.926554, "relative_strength": -4.024158, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.242788, "energy": 39.462256, "activity_lines": [ 23.835636, 23.849653, 23.585052, 23.244401 ] }, { "date": "2024-12-27", "close": 23.382671, "volume": 6015895, "typical_volume": 4878642.6, "trend": 22.824408, "fair_value": 18.960862, "relative_strength": -3.868557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.516757, "energy": 21.89858, "activity_lines": [ 23.629375, 23.778518, 23.596848, 23.28443 ] }, { "date": "2025-01-03", "close": 23.30437, "volume": 8233785, "typical_volume": 5179542.55, "trend": 22.886999, "fair_value": 18.993051, "relative_strength": -3.546322, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.897094, "energy": 25.141241, "activity_lines": [ 23.450792, 23.698249, 23.593264, 23.315396 ] }, { "date": "2025-01-10", "close": 22.981377, "volume": 8123100, "typical_volume": 5496763.05, "trend": 22.940217, "fair_value": 19.022519, "relative_strength": -2.89591, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.80977, "energy": 21.576015, "activity_lines": [ 23.241729, 23.557808, 23.554339, 23.321485 ] }, { "date": "2025-01-17", "close": 23.852477, "volume": 10297155, "typical_volume": 5909742.1, "trend": 23.015178, "fair_value": 19.063743, "relative_strength": -2.019856, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.145024, "energy": 17.860961, "activity_lines": [ 23.406161, 23.576988, 23.597061, 23.38034 ] }, { "date": "2025-01-24", "close": 24.155894, "volume": 9117843, "typical_volume": 6290698.05, "trend": 23.098462, "fair_value": 19.105906, "relative_strength": -2.374703, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.326325, "energy": 21.956688, "activity_lines": [ 23.674995, 23.655335, 23.66417, 23.453935 ] }, { "date": "2025-01-31", "close": 24.106956, "volume": 10793782, "typical_volume": 6744708.8, "trend": 23.176989, "fair_value": 19.145961, "relative_strength": -1.510067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.645843, "energy": 31.308438, "activity_lines": [ 23.865527, 23.716889, 23.716922, 23.518999 ] }, { "date": "2025-02-07", "close": 23.930778, "volume": 11675451, "typical_volume": 7250232.0, "trend": 23.234662, "fair_value": 19.18536, "relative_strength": -2.001184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.026794, "energy": 45.218585, "activity_lines": [ 23.949048, 23.747909, 23.745865, 23.56763 ] }, { "date": "2025-02-14", "close": 24.283134, "volume": 9514398, "typical_volume": 7645817.75, "trend": 23.30505, "fair_value": 19.228516, "relative_strength": -1.943843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.844461, "energy": 63.460223, "activity_lines": [ 24.108261, 23.852655, 23.804238, 23.635274 ] }, { "date": "2025-02-21", "close": 24.028655, "volume": 8557301, "typical_volume": 7977322.8, "trend": 23.363938, "fair_value": 19.269647, "relative_strength": -1.338374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.623598, "energy": 54.730655, "activity_lines": [ 24.095863, 23.910135, 23.833351, 23.681958 ] }, { "date": "2025-02-28", "close": 24.106956, "volume": 13255209, "typical_volume": 8520376.9, "trend": 23.443651, "fair_value": 19.311694, "relative_strength": -0.033069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.649966, "energy": 41.118905, "activity_lines": [ 24.097821, 23.979539, 23.866373, 23.729894 ] }, { "date": "2025-03-07", "close": 23.519698, "volume": 22544006, "typical_volume": 9321645.45, "trend": 23.50368, "fair_value": 19.352185, "relative_strength": 0.650626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.333047, "energy": 17.551358, "activity_lines": [ 23.907288, 23.926152, 23.840285, 23.734801 ] }, { "date": "2025-03-14", "close": 22.952015, "volume": 16513860, "typical_volume": 9868588.15, "trend": 23.523986, "fair_value": 19.3846, "relative_strength": 0.54272, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 2.049506, "energy": 10.624147, "activity_lines": [ 23.566679, 23.767058, 23.760816, 23.699209 ] }, { "date": "2025-03-21", "close": 23.157555, "volume": 12963479, "typical_volume": 10259308.7, "trend": 23.539071, "fair_value": 19.416053, "relative_strength": 0.95077, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.208112, "energy": 25.765112, "activity_lines": [ 23.359833, 23.651742, 23.702221, 23.675569 ] }, { "date": "2025-03-28", "close": 22.985003, "volume": 11806133, "typical_volume": 10491060.2, "trend": 23.541722, "fair_value": 19.44739, "relative_strength": 1.728804, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.822426, "energy": 41.271882, "activity_lines": [ 23.170509, 23.501849, 23.626679, 23.639822 ] }, { "date": "2025-04-04", "close": 20.989299, "volume": 28357884, "typical_volume": 11578257.3, "trend": 23.50404, "fair_value": 19.466053, "relative_strength": 2.171534, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.678606, "energy": 85.668605, "activity_lines": [ 22.385527, 23.004874, 23.366247, 23.47515 ] }, { "date": "2025-04-11", "close": 21.697135, "volume": 44323130, "typical_volume": 13415045.4, "trend": 23.472924, "fair_value": 19.490125, "relative_strength": -0.014498, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.945526, "energy": 75.933471, "activity_lines": [ 22.044334, 22.69417, 23.186241, 23.358575 ] }, { "date": "2025-04-18", "close": 21.638148, "volume": 12454556, "typical_volume": 13765349.95, "trend": 23.425398, "fair_value": 19.516174, "relative_strength": 1.194454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.197069, "energy": 77.197932, "activity_lines": [ 21.804983, 22.416557, 23.012484, 23.240203 ] }, { "date": "2025-04-25", "close": 22.237843, "volume": 15036152, "typical_volume": 14147316.4, "trend": 23.392389, "fair_value": 19.549434, "relative_strength": -0.515148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.623607, "energy": 67.529023, "activity_lines": [ 21.853121, 22.289663, 22.909288, 23.163586 ] }, { "date": "2025-05-02", "close": 22.788382, "volume": 12306569, "typical_volume": 14290658.55, "trend": 23.37589, "fair_value": 19.584698, "relative_strength": -0.889311, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.883709, "energy": 39.142654, "activity_lines": [ 22.146086, 22.300054, 22.868004, 23.124618 ] }, { "date": "2025-05-09", "close": 22.739226, "volume": 21386659, "typical_volume": 14663817.35, "trend": 23.352557, "fair_value": 19.622122, "relative_strength": -0.615476, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.266792, "energy": 24.723895, "activity_lines": [ 22.435775, 22.324058, 22.827337, 23.083543 ] }, { "date": "2025-05-16", "close": 23.604359, "volume": 13611657, "typical_volume": 15043605.45, "trend": 23.350593, "fair_value": 19.667685, "relative_strength": -1.934315, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.244527, "energy": 17.270911, "activity_lines": [ 22.897179, 22.530227, 22.871383, 23.099788 ] }, { "date": "2025-05-23", "close": 22.95551, "volume": 12671180, "typical_volume": 15265475.2, "trend": 23.341614, "fair_value": 19.702179, "relative_strength": -2.082117, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.226708, "energy": 20.788488, "activity_lines": [ 23.015151, 22.616884, 22.852578, 23.074299 ] }, { "date": "2025-05-30", "close": 23.260272, "volume": 8150668, "typical_volume": 15266853.6, "trend": 23.348638, "fair_value": 19.740033, "relative_strength": -2.426783, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.955371, "energy": 18.038431, "activity_lines": [ 23.146887, 22.758889, 22.864459, 23.069051 ] }, { "date": "2025-06-06", "close": 23.574866, "volume": 9834630, "typical_volume": 15243727.35, "trend": 23.332052, "fair_value": 19.784813, "relative_strength": -2.656927, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.286402, "energy": 13.844827, "activity_lines": [ 23.315326, 22.956225, 22.904974, 23.083647 ] }, { "date": "2025-06-13", "close": 23.565035, "volume": 16439442, "typical_volume": 15609807.3, "trend": 23.326829, "fair_value": 19.837014, "relative_strength": -2.328919, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.761724, "energy": 18.191436, "activity_lines": [ 23.428056, 23.141048, 22.945874, 23.098678 ] }, { "date": "2025-06-20", "close": 23.604359, "volume": 10492672, "typical_volume": 15594751.8, "trend": 23.30733, "fair_value": 19.884532, "relative_strength": -1.987657, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.030564, "energy": 23.774164, "activity_lines": [ 23.498839, 23.28619, 22.993333, 23.116583 ] }, { "date": "2025-06-27", "close": 24.144077, "volume": 13433489, "typical_volume": 15682653.7, "trend": 23.296728, "fair_value": 19.936743, "relative_strength": -3.062888, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.344149, "energy": 37.493497, "activity_lines": [ 23.749529, 23.494786, 23.094586, 23.170567 ] }, { "date": "2025-07-04", "close": 24.706945, "volume": 11678826, "typical_volume": 15790875.1, "trend": 23.312683, "fair_value": 19.991966, "relative_strength": -2.448506, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.147152, "energy": 54.266607, "activity_lines": [ 24.108603, 23.760159, 23.248431, 23.261548 ] }, { "date": "2025-07-11", "close": 24.598321, "volume": 14706335, "typical_volume": 16098326.8, "trend": 23.335913, "fair_value": 20.04705, "relative_strength": -2.577472, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.33094, "energy": 80.498143, "activity_lines": [ 24.335025, 23.96089, 23.389912, 23.344493 ] }, { "date": "2025-07-18", "close": 24.440323, "volume": 12542977, "typical_volume": 16062715.2, "trend": 23.376388, "fair_value": 20.09907, "relative_strength": -3.725119, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.920096, "energy": 78.603827, "activity_lines": [ 24.44055, 24.099986, 23.513634, 23.415745 ] }, { "date": "2025-07-25", "close": 24.835318, "volume": 15512346, "typical_volume": 15711132.2, "trend": 23.42481, "fair_value": 20.149659, "relative_strength": -3.520205, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.971794, "energy": 86.342156, "activity_lines": [ 24.619387, 24.279969, 23.673386, 23.509869 ] }, { "date": "2025-08-01", "close": 24.074953, "volume": 20312455, "typical_volume": 15901061.95, "trend": 23.450496, "fair_value": 20.195991, "relative_strength": -4.044747, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.154323, "energy": 72.946938, "activity_lines": [ 24.462706, 24.299324, 23.754458, 23.551814 ] }, { "date": "2025-08-08", "close": 24.588446, "volume": 21315397, "typical_volume": 16318657.85, "trend": 23.504065, "fair_value": 20.241314, "relative_strength": -4.254329, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.33919, "energy": 52.438694, "activity_lines": [ 24.481798, 24.391688, 23.879086, 23.62523 ] }, { "date": "2025-08-15", "close": 25.013066, "volume": 24653341, "typical_volume": 16961018.25, "trend": 23.542751, "fair_value": 20.290015, "relative_strength": -3.459379, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.436731, "energy": 62.073684, "activity_lines": [ 24.650329, 24.537106, 24.037341, 23.722585 ] }, { "date": "2025-08-22", "close": 25.398186, "volume": 24297571, "typical_volume": 16758002.6, "trend": 23.584161, "fair_value": 20.34463, "relative_strength": -2.18534, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.555958, "energy": 68.211221, "activity_lines": [ 24.919584, 24.726397, 24.222616, 23.842291 ] }, { "date": "2025-08-29", "close": 25.437686, "volume": 19064436, "typical_volume": 15495067.9, "trend": 23.628518, "fair_value": 20.402645, "relative_strength": -1.913789, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.047693, "energy": 87.777883, "activity_lines": [ 25.138148, 24.88954, 24.390659, 23.961873 ] }, { "date": "2025-09-05", "close": 25.52656, "volume": 23573868, "typical_volume": 16051033.5, "trend": 23.681711, "fair_value": 20.458044, "relative_strength": -1.809987, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.603913, "energy": 88.583261, "activity_lines": [ 25.346179, 25.035509, 24.549354, 24.084327 ] }, { "date": "2025-09-12", "close": 25.733932, "volume": 27145094, "typical_volume": 16656480.6, "trend": 23.730071, "fair_value": 20.519491, "relative_strength": -2.467836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.894435, "energy": 88.766129, "activity_lines": [ 25.52656, 25.194046, 24.709282, 24.216729 ] }, { "date": "2025-09-19", "close": 25.95118, "volume": 22667299, "typical_volume": 17174517.1, "trend": 23.794155, "fair_value": 20.587431, "relative_strength": -2.752714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.303625, "energy": 85.400712, "activity_lines": [ 25.702991, 25.373409, 24.873252, 24.360026 ] }, { "date": "2025-09-26", "close": 26.088793, "volume": 21334204, "typical_volume": 17171894.35, "trend": 23.860216, "fair_value": 20.659036, "relative_strength": -1.878666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.054129, "energy": 83.615637, "activity_lines": [ 25.862752, 25.553196, 25.035268, 24.508067 ] }, { "date": "2025-10-03", "close": 26.297027, "volume": 27026097, "typical_volume": 17842616.35, "trend": 23.952794, "fair_value": 20.729393, "relative_strength": -2.101829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.386648, "energy": 82.487136, "activity_lines": [ 26.045885, 25.740872, 25.201165, 24.665281 ] }, { "date": "2025-10-10", "close": 25.46409, "volume": 26770305, "typical_volume": 18547572.6, "trend": 24.03653, "fair_value": 20.794591, "relative_strength": -2.762171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.856381, "energy": 61.865645, "activity_lines": [ 25.894082, 25.750528, 25.274912, 24.762784 ] }, { "date": "2025-10-17", "close": 25.989634, "volume": 41227846, "typical_volume": 20201431.5, "trend": 24.130932, "fair_value": 20.858812, "relative_strength": -2.367094, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.447857, "energy": 58.07176, "activity_lines": [ 25.921625, 25.83048, 25.386765, 24.888791 ] }, { "date": "2025-10-24", "close": 26.505262, "volume": 24831334, "typical_volume": 20951266.7, "trend": 24.248274, "fair_value": 20.921453, "relative_strength": -2.252349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.806736, "energy": 62.280533, "activity_lines": [ 26.103998, 25.978707, 25.534729, 25.041973 ] }, { "date": "2025-10-31", "close": 26.356523, "volume": 22322217, "typical_volume": 21245405.45, "trend": 24.427182, "fair_value": 20.984783, "relative_strength": -3.38377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.639506, "energy": 57.954121, "activity_lines": [ 26.199851, 26.072759, 25.654574, 25.177989 ] }, { "date": "2025-11-07", "close": 26.277196, "volume": 30991094, "typical_volume": 22270326.55, "trend": 24.579851, "fair_value": 21.042338, "relative_strength": -2.008663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.893696, "energy": 57.81151, "activity_lines": [ 26.251414, 26.134964, 25.75357, 25.297345 ] }, { "date": "2025-11-14", "close": 26.346607, "volume": 33540976, "typical_volume": 23275700.9, "trend": 24.736799, "fair_value": 21.100799, "relative_strength": -1.80618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.463877, "energy": 57.203478, "activity_lines": [ 26.327436, 26.194525, 25.846449, 25.411329 ] }, { "date": "2025-11-21", "close": 26.088793, "volume": 59776122, "typical_volume": 25680565.7, "trend": 24.865164, "fair_value": 21.155604, "relative_strength": -0.790945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.532132, "energy": 48.45678, "activity_lines": [ 26.258686, 26.192301, 25.904286, 25.498555 ] }, { "date": "2025-11-28", "close": 27.010974, "volume": 24549958, "typical_volume": 26172746.85, "trend": 25.005917, "fair_value": 21.215961, "relative_strength": -0.870785, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.420004, "energy": 56.406419, "activity_lines": [ 26.490719, 26.351295, 26.04337, 25.636994 ] }, { "date": "2025-12-05", "close": 27.070469, "volume": 27226096, "typical_volume": 26906902.8, "trend": 25.150292, "fair_value": 21.280561, "relative_strength": -0.944348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.72319, "energy": 59.474082, "activity_lines": [ 26.708869, 26.501836, 26.176631, 25.770191 ] }, { "date": "2025-12-12", "close": 27.251093, "volume": 29733836, "typical_volume": 27617977.3, "trend": 25.27185, "fair_value": 21.348292, "relative_strength": 0.294569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.046829, "energy": 64.046642, "activity_lines": [ 26.93963, 26.66737, 26.31457, 25.905726 ] }, { "date": "2025-12-19", "close": 27.07181, "volume": 42628484, "typical_volume": 28733778.75, "trend": 25.40906, "fair_value": 21.41423, "relative_strength": -0.486754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.553768, "energy": 71.701406, "activity_lines": [ 27.045705, 26.78296, 26.423931, 26.021853 ] }, { "date": "2025-12-26", "close": 27.360655, "volume": 12464753, "typical_volume": 28291246.55, "trend": 25.545739, "fair_value": 21.482019, "relative_strength": -0.835291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.971145, "energy": 74.283737, "activity_lines": [ 27.199714, 26.921836, 26.54653, 26.147762 ] }, { "date": "2026-01-02", "close": 27.330775, "volume": 17779668, "typical_volume": 27947562.9, "trend": 25.670936, "fair_value": 21.546878, "relative_strength": 0.083202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.420019, "energy": 64.827619, "activity_lines": [ 27.258972, 27.030352, 26.653082, 26.262926 ] }, { "date": "2026-01-09", "close": 28.008068, "volume": 25185384, "typical_volume": 27991953.55, "trend": 25.819037, "fair_value": 21.613804, "relative_strength": 0.938114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.566257, "energy": 77.895722, "activity_lines": [ 27.522675, 27.247003, 26.813101, 26.413708 ] }, { "date": "2026-01-16", "close": 28.067829, "volume": 24670877, "typical_volume": 28272275.6, "trend": 25.96782, "fair_value": 21.682563, "relative_strength": 1.49628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.003242, "energy": 87.042032, "activity_lines": [ 27.743791, 27.444491, 26.966385, 26.558792 ] }, { "date": "2026-01-23", "close": 28.077789, "volume": 24134105, "typical_volume": 28300287.45, "trend": 26.098943, "fair_value": 21.749009, "relative_strength": 1.863777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.553346, "energy": 84.42611, "activity_lines": [ 27.913778, 27.611233, 27.108092, 26.694919 ] }, { "date": "2026-01-30", "close": 28.267033, "volume": 23845752, "typical_volume": 28135320.35, "trend": 26.217613, "fair_value": 21.81534, "relative_strength": 2.128342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.115259, "energy": 87.466999, "activity_lines": [ 28.079781, 27.780907, 27.255673, 26.834796 ] }, { "date": "2026-02-06", "close": 29.024008, "volume": 30224081, "typical_volume": 28513159.45, "trend": 26.365136, "fair_value": 21.887671, "relative_strength": 4.981141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.368216, "energy": 90.38665, "activity_lines": [ 28.437684, 28.048609, 27.463286, 27.015853 ] }, { "date": "2026-02-13", "close": 28.804884, "volume": 33303942, "typical_volume": 29111646.35, "trend": 26.510621, "fair_value": 21.958556, "relative_strength": 5.444986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.809215, "energy": 80.022965, "activity_lines": [ 28.609664, 28.239869, 27.635396, 27.173256 ] }, { "date": "2026-02-20", "close": 28.954287, "volume": 30448482, "typical_volume": 29282765.6, "trend": 26.64792, "fair_value": 22.0334, "relative_strength": 4.736959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.60009, "energy": 83.241628, "activity_lines": [ 28.778323, 28.426758, 27.808802, 27.330912 ] }, { "date": "2026-02-27", "close": 28.914446, "volume": 34010645, "typical_volume": 29644782.6, "trend": 26.809237, "fair_value": 22.106217, "relative_strength": 5.061756, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.017219, "energy": 81.558327, "activity_lines": [ 28.874605, 28.575437, 27.96576, 27.47714 ] }, { "date": "2026-03-06", "close": 28.11763, "volume": 42517195, "typical_volume": 29709250.05, "trend": 26.926876, "fair_value": 22.179523, "relative_strength": 4.209454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.105145, "energy": 58.973257, "activity_lines": [ 28.649505, 28.545738, 28.0304, 27.561552 ] }, { "date": "2026-03-13", "close": 27.749103, "volume": 48896745, "typical_volume": 30912520.6, "trend": 27.018077, "fair_value": 22.251594, "relative_strength": 4.378425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.66621, "energy": 39.1935, "activity_lines": [ 28.311522, 28.43527, 28.049809, 27.614599 ] }, { "date": "2026-03-20", "close": 27.400496, "volume": 30155667, "typical_volume": 31304193.1, "trend": 27.084821, "fair_value": 22.320323, "relative_strength": 4.92077, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.720353, "energy": 23.509123, "activity_lines": [ 27.942331, 28.253813, 28.030095, 27.639271 ] }, { "date": "2026-03-27", "close": 27.38, "volume": 33022895, "typical_volume": 31405783.15, "trend": 27.149565, "fair_value": 22.384712, "relative_strength": 7.167855, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.501363, "energy": 24.897175, "activity_lines": [ 27.659933, 28.079677, 28.003457, 27.658315 ] }, { "date": "2026-04-03", "close": 27.98, "volume": 37887581, "typical_volume": 31623113.4, "trend": 27.231346, "fair_value": 22.453008, "relative_strength": 5.853281, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.808995, "energy": 21.37396, "activity_lines": [ 27.682488, 28.027137, 28.028711, 27.711891 ] }, { "date": "2026-04-10", "close": 28.65, "volume": 27731992, "typical_volume": 30020906.9, "trend": 27.328548, "fair_value": 22.524304, "relative_strength": 4.565458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.553324, "energy": 20.069074, "activity_lines": [ 27.990673, 28.098194, 28.109996, 27.803418 ] }, { "date": "2026-04-17", "close": 29.42, "volume": 22539248, "typical_volume": 29920371.4, "trend": 27.444176, "fair_value": 22.600981, "relative_strength": 2.744101, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.15844, "energy": 42.965681, "activity_lines": [ 28.520033, 28.302287, 28.252418, 27.93835 ] }, { "date": "2026-04-24", "close": 29.397556, "volume": 18046825, "typical_volume": 29461407.85, "trend": 27.554468, "fair_value": 22.676725, "relative_strength": 2.103311, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.422628, "energy": 72.148516, "activity_lines": [ 28.930519, 28.4951, 28.381231, 28.064374 ] }, { "date": "2026-05-01", "close": 29.955422, "volume": 11716303, "typical_volume": 28560531.2, "trend": 27.676414, "fair_value": 22.757764, "relative_strength": 3.028047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.010156, "energy": 83.715858, "activity_lines": [ 29.393822, 28.778568, 28.552093, 28.219275 ] }, { "date": "2026-05-08", "close": 30.264241, "volume": 12424800, "typical_volume": 27050347.0, "trend": 27.836419, "fair_value": 22.841674, "relative_strength": 1.682175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.569945, "energy": 89.226318, "activity_lines": [ 29.788371, 29.099981, 28.739488, 28.386231 ] }, { "date": "2026-05-15", "close": 30.184545, "volume": 59713539, "typical_volume": 29412786.3, "trend": 27.97625, "fair_value": 22.923758, "relative_strength": 1.170147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.581676, "energy": 87.699875, "activity_lines": [ 30.004071, 29.382363, 28.904091, 28.537723 ] }, { "date": "2026-05-22", "close": 30.702564, "volume": 15746085, "typical_volume": 29311107.15, "trend": 28.11616, "fair_value": 23.010052, "relative_strength": 1.960904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.614464, "energy": 90.53233, "activity_lines": [ 30.290142, 29.72135, 29.104583, 28.713614 ] }, { "date": "2026-05-29", "close": 30.871916, "volume": 11000673, "typical_volume": 28601871.6, "trend": 28.266673, "fair_value": 23.095328, "relative_strength": 1.01128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.422021, "energy": 89.420414, "activity_lines": [ 30.547158, 30.037429, 29.305146, 28.891405 ] }, { "date": "2026-06-05", "close": 30.622869, "volume": 15612742, "typical_volume": 28148964.85, "trend": 28.411529, "fair_value": 23.177814, "relative_strength": 2.683964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.580921, "energy": 80.010535, "activity_lines": [ 30.622869, 30.24511, 29.468354, 29.043418 ] }, { "date": "2026-06-12", "close": 31.180735, "volume": 20297011, "typical_volume": 27957110.15, "trend": 28.572666, "fair_value": 23.261448, "relative_strength": 3.858272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.914514, "energy": 80.161787, "activity_lines": [ 30.840038, 30.49526, 29.672525, 29.222076 ] }, { "date": "2026-06-19", "close": 30.931688, "volume": 9814712, "typical_volume": 27255558.15, "trend": 28.734096, "fair_value": 23.345741, "relative_strength": 2.018932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.764098, "energy": 69.710805, "activity_lines": [ 30.913092, 30.641933, 29.838202, 29.374271 ] }, { "date": "2026-06-26", "close": 30.98, "volume": 13507925, "typical_volume": 26419750.35, "trend": 28.866397, "fair_value": 23.427274, "relative_strength": 4.527628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.353859, "energy": 63.354701, "activity_lines": [ 30.952441, 30.755905, 29.99579, 29.519168 ] }, { "date": "2026-07-03", "close": 31.27, "volume": 8910457, "typical_volume": 25200076.1, "trend": 29.006381, "fair_value": 23.511743, "relative_strength": 3.16976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.069417, "energy": 66.417873, "activity_lines": [ 31.06996, 30.894241, 30.171684, 29.674239 ] }, { "date": "2026-07-10", "close": 31.41, "volume": 12436046, "typical_volume": 24299454.3, "trend": 29.145012, "fair_value": 23.595015, "relative_strength": 2.152363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.443731, "energy": 66.558679, "activity_lines": [ 31.207607, 31.023987, 30.349172, 29.829312 ] }, { "date": "2026-07-17", "close": 31.46, "volume": 14427598, "typical_volume": 23320301.95, "trend": 29.291285, "fair_value": 23.676819, "relative_strength": 3.775388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.321897, "energy": 73.208729, "activity_lines": [ 31.309446, 31.136376, 30.519728, 29.978666 ] }, { "date": "2026-07-24", "close": 31.52, "volume": 11480035, "typical_volume": 21768443.95, "trend": 29.429929, "fair_value": 23.757665, "relative_strength": 4.427084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.324607, "energy": 72.186913, "activity_lines": [ 31.412667, 31.237934, 30.683877, 30.122454 ] }, { "date": "2026-07-31", "close": 31.74, "volume": 13697900, "typical_volume": 20008501.7, "trend": 29.576904, "fair_value": 23.841955, "relative_strength": 3.852594, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.128267, "energy": 74.442243, "activity_lines": [ 31.55, 31.355211, 30.852776, 30.271491 ] }, { "date": "2026-08-07", "close": 32.31, "volume": 11865353, "typical_volume": 19093986.0, "trend": 29.720301, "fair_value": 23.929736, "relative_strength": 1.998824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.636862, "energy": 80.242821, "activity_lines": [ 31.826667, 31.557262, 31.056957, 30.447819 ] } ], "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." } } }