{ "ticker": { "uuid": "1307b1be-32ca-491e-99ac-842fda753761", "symbol": "CIEH", "name": "CIBC MSCI EAFE Equity Index ETF (CAD-Hedged)", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.197, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 88.13, "architecture_energy": 80.064, "architecture_maturity": 46.216, "architecture_confidence": 84.362, "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": 3.68, "rotation_up": 67.14, "upward_expansion": 90.99, "deceleration": 48.83, "rotation_down": 25.4, "downward_expansion": 15.32 }, "activity_lines": [ 23.84, 23.699858, 23.349436, 23.01599 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 24.129999, "trend_reference": 22.650095, "distance_from_trend": 0.065338, "trend_direction": "Improving", "fair_value": 18.550593, "distance_from_fair_value": 0.300767, "fair_value_direction": "Improving", "relative_strength": -0.967057, "relative_strength_direction": "Improving", "price_momentum": 0.087776, "excess_performance": -0.032646, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.065338, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.041164, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.300767, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.042803, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.009671, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.021021, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.087776, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.677991, "read": "Demand-led" } ], "volume": { "latest": 600, "relative_activity": 0.038499, "balance": 1.677991, "dry_up": 2.160731, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.011776, "annualized_volatility": 0.13156, "from_high_reference": -0.002068, "from_low_reference": 0.250266 }, "levels": { "trend_reference": 22.650095, "fair_value_reference": 18.550593, "structural_low": 20.75591, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.015996, "positive_rate": 0.736842, "directional_follow_through": 0.736842, "median_excess_return": -0.008978, "regime_survival": 0.842105, "best_return": 0.048314, "worst_return": -0.083044, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.016557, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.011522, "regime_survival": 0.666667, "best_return": 0.115053, "worst_return": -0.005591, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.087837, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.017987, "regime_survival": 0.666667, "best_return": 0.124937, "worst_return": -0.036028, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.145291, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.074547, "regime_survival": 1.0, "best_return": 0.145291, "worst_return": 0.145291, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-08", "tenure": "Developing", "return": -0.008979, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-15", "end": "2025-01-24", "tenure": "Developing", "return": 0.043022, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.001025, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.114334, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-03-20", "tenure": "Extended", "return": 0.111646, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.084328, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.081093, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 14.624375, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 14.624375, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 14.624375, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 14.624375, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 14.624375, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 14.624375, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 14.699559, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 14.699559, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 14.699559, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 14.699559, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 14.699559, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 14.699559, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 14.721037, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 14.942999, "volume": 900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 14.942999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 14.942999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 15.20792, "volume": 500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 15.20792, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 15.20792, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 15.558101, "volume": 6800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 15.460611, "volume": 200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 15.598722, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 15.566225, "volume": 1000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 15.801831, "volume": 1000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 15.939946, "volume": 1700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 15.939946, "volume": 500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 16.28117, "volume": 2500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 16.451778, "volume": 1300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 16.589893, "volume": 4600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 16.695509, "volume": 2300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 16.663012, "volume": 4400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 17.020479, "volume": 1800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 17.077345, "volume": 4900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 16.776457, "volume": 2400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 16.930967, "volume": 1900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 16.630083, "volume": 1000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 16.874043, "volume": 2200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 16.906572, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 17.394493, "volume": 5900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 17.427025, "volume": 1100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 17.45142, "volume": 3000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 17.386364, "volume": 500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 17.508343, "volume": 1200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 17.231853, "volume": 2200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 17.199327, "volume": 3300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 17.255514, "volume": 3200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 17.443964, "volume": 600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 17.697962, "volume": 1100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 17.460348, "volume": 500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 17.13261, "volume": 6700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 17.067062, "volume": 1900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 16.665581, "volume": 2800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 17.067062, "volume": 2300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 17.222738, "volume": 700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 17.443964, "volume": 2000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 16.935968, "volume": 1100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 17.206354, "volume": 3500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 17.18177, "volume": 2000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 17.805265, "volume": 1000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 17.440878, "volume": 2000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 17.523693, "volume": 1200, "typical_volume": 1990.0, "trend": 17.212183, "fair_value": 15.867673, "relative_strength": -5.534331, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.966452, "energy": 48.879128, "activity_lines": [ 17.491178, 17.365111, 17.296589, 17.276414 ] }, { "date": "2024-10-18", "close": 17.39119, "volume": 2000, "typical_volume": 2065.0, "trend": 17.22454, "fair_value": 15.886482, "relative_strength": -7.414875, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.430684, "energy": 47.564945, "activity_lines": [ 17.47771, 17.390904, 17.305861, 17.287962 ] }, { "date": "2024-10-25", "close": 17.324936, "volume": 700, "typical_volume": 2040.0, "trend": 17.232794, "fair_value": 15.904024, "relative_strength": -6.233, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.04463, "energy": 27.201758, "activity_lines": [ 17.429836, 17.391458, 17.308801, 17.29444 ] }, { "date": "2024-11-01", "close": 17.167587, "volume": 2300, "typical_volume": 2045.0, "trend": 17.245831, "fair_value": 15.919248, "relative_strength": -6.20547, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.957703, "energy": 10.266272, "activity_lines": [ 17.319968, 17.358715, 17.297628, 17.290233 ] }, { "date": "2024-11-08", "close": 17.366344, "volume": 2400, "typical_volume": 2000.0, "trend": 17.260344, "fair_value": 15.936475, "relative_strength": -6.93886, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.49216, "energy": 15.890012, "activity_lines": [ 17.318863, 17.363112, 17.30569, 17.298008 ] }, { "date": "2024-11-15", "close": 17.167587, "volume": 1900, "typical_volume": 1935.0, "trend": 17.278261, "fair_value": 15.950959, "relative_strength": -8.370172, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.186978, "energy": 9.575677, "activity_lines": [ 17.256476, 17.332782, 17.294028, 17.292023 ] }, { "date": "2024-11-22", "close": 17.093052, "volume": 100, "typical_volume": 1910.0, "trend": 17.285561, "fair_value": 15.964239, "relative_strength": -10.589557, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.690116, "energy": 27.96678, "activity_lines": [ 17.192983, 17.28469, 17.275686, 17.280075 ] }, { "date": "2024-11-29", "close": 17.258684, "volume": 4100, "typical_volume": 2060.0, "trend": 17.297298, "fair_value": 15.979118, "relative_strength": -10.307696, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.10732, "energy": 26.65275, "activity_lines": [ 17.204578, 17.268772, 17.27479, 17.278341 ] }, { "date": "2024-12-06", "close": 17.50713, "volume": 1900, "typical_volume": 2130.0, "trend": 17.301053, "fair_value": 15.996481, "relative_strength": -9.016401, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.936413, "energy": 7.867344, "activity_lines": [ 17.303404, 17.296628, 17.299646, 17.291878 ] }, { "date": "2024-12-13", "close": 17.54026, "volume": 3200, "typical_volume": 1955.0, "trend": 17.304827, "fair_value": 16.013827, "relative_strength": -7.226966, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.857368, "energy": 30.445489, "activity_lines": [ 17.390638, 17.335929, 17.327436, 17.307311 ] }, { "date": "2024-12-20", "close": 17.068211, "volume": 1000, "typical_volume": 1910.0, "trend": 17.292053, "fair_value": 16.025543, "relative_strength": -7.165042, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.968807, "energy": 10.551502, "activity_lines": [ 17.308927, 17.287595, 17.308327, 17.292045 ] }, { "date": "2024-12-27", "close": 17.374626, "volume": 8500, "typical_volume": 2195.0, "trend": 17.291662, "fair_value": 16.040368, "relative_strength": -6.148285, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.702328, "energy": 20.150845, "activity_lines": [ 17.33598, 17.303255, 17.318395, 17.297373 ] }, { "date": "2025-01-03", "close": 17.246084, "volume": 4100, "typical_volume": 2285.0, "trend": 17.28292, "fair_value": 16.053473, "relative_strength": -7.751938, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.01222, "energy": 9.816079, "activity_lines": [ 17.301414, 17.295844, 17.312844, 17.294432 ] }, { "date": "2025-01-10", "close": 17.515699, "volume": 3500, "typical_volume": 2425.0, "trend": 17.292382, "fair_value": 16.069196, "relative_strength": -5.065007, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.474938, "energy": 18.89717, "activity_lines": [ 17.357559, 17.338888, 17.332119, 17.30945 ] }, { "date": "2025-01-17", "close": 17.608671, "volume": 3300, "typical_volume": 2490.0, "trend": 17.306026, "fair_value": 16.085574, "relative_strength": -5.601374, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.770878, "energy": 36.62887, "activity_lines": [ 17.444124, 17.392507, 17.358853, 17.329856 ] }, { "date": "2025-01-24", "close": 17.906178, "volume": 4300, "typical_volume": 2650.0, "trend": 17.327715, "fair_value": 16.104738, "relative_strength": -5.40652, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.243616, "energy": 55.689446, "activity_lines": [ 17.625298, 17.495812, 17.413136, 17.368575 ] }, { "date": "2025-01-31", "close": 18.147902, "volume": 6500, "typical_volume": 2800.0, "trend": 17.35118, "fair_value": 16.126021, "relative_strength": -4.260093, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.544775, "energy": 72.712763, "activity_lines": [ 17.831181, 17.629638, 17.485821, 17.421491 ] }, { "date": "2025-02-07", "close": 18.138605, "volume": 2400, "typical_volume": 2820.0, "trend": 17.365868, "fair_value": 16.146769, "relative_strength": -3.855874, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.784142, "energy": 74.81124, "activity_lines": [ 17.982414, 17.742594, 17.553137, 17.472292 ] }, { "date": "2025-02-14", "close": 18.389626, "volume": 3700, "typical_volume": 2955.0, "trend": 17.396844, "fair_value": 16.169655, "relative_strength": -2.56745, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.336744, "energy": 82.156437, "activity_lines": [ 18.157819, 17.885192, 17.639804, 17.538341 ] }, { "date": "2025-02-21", "close": 18.287357, "volume": 600, "typical_volume": 2885.0, "trend": 17.435335, "fair_value": 16.191046, "relative_strength": -1.709083, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.120324, "energy": 77.739442, "activity_lines": [ 18.240872, 17.993151, 17.713947, 17.595793 ] }, { "date": "2025-02-28", "close": 18.482595, "volume": 4000, "typical_volume": 3025.0, "trend": 17.48252, "fair_value": 16.213962, "relative_strength": -1.516779, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.599521, "energy": 78.619886, "activity_lines": [ 18.34376, 18.123023, 17.802654, 17.663359 ] }, { "date": "2025-03-07", "close": 18.491892, "volume": 4900, "typical_volume": 3170.0, "trend": 17.543397, "fair_value": 16.236516, "relative_strength": 1.114374, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.785435, "energy": 76.519824, "activity_lines": [ 18.411318, 18.22887, 17.887681, 17.728479 ] }, { "date": "2025-03-14", "close": 18.324545, "volume": 3900, "typical_volume": 3330.0, "trend": 17.585313, "fair_value": 16.256986, "relative_strength": 1.080484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.459231, "energy": 52.264164, "activity_lines": [ 18.400161, 18.283976, 17.951528, 17.778876 ] }, { "date": "2025-03-21", "close": 18.417519, "volume": 2400, "typical_volume": 3335.0, "trend": 17.625139, "fair_value": 16.277963, "relative_strength": -0.000347, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.501432, "energy": 50.914845, "activity_lines": [ 18.4076, 18.336379, 18.019469, 17.832567 ] }, { "date": "2025-03-28", "close": 18.166496, "volume": 10200, "typical_volume": 3725.0, "trend": 17.649223, "fair_value": 16.296122, "relative_strength": -0.434297, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.265376, "energy": 41.709747, "activity_lines": [ 18.329505, 18.326743, 18.057552, 17.867493 ] }, { "date": "2025-04-04", "close": 16.687599, "volume": 24000, "typical_volume": 4830.0, "trend": 17.640944, "fair_value": 16.29985, "relative_strength": -2.27888, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -4.303011, "energy": 19.608868, "activity_lines": [ 17.766501, 18.038076, 17.950977, 17.805453 ] }, { "date": "2025-04-11", "close": 16.892355, "volume": 2600, "typical_volume": 4955.0, "trend": 17.630478, "fair_value": 16.30544, "relative_strength": -2.588514, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.791414, "energy": 42.855093, "activity_lines": [ 17.391416, 17.808792, 17.866188, 17.757157 ] }, { "date": "2025-04-18", "close": 17.087803, "volume": 900, "typical_volume": 4795.0, "trend": 17.627346, "fair_value": 16.312751, "relative_strength": -3.784016, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.100496, "energy": 46.275366, "activity_lines": [ 17.188116, 17.637873, 17.800969, 17.722145 ] }, { "date": "2025-04-25", "close": 17.711378, "volume": 900, "typical_volume": 4745.0, "trend": 17.624216, "fair_value": 16.325702, "relative_strength": -2.230757, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.610684, "energy": 41.00574, "activity_lines": [ 17.275124, 17.599437, 17.795952, 17.727567 ] }, { "date": "2025-05-02", "close": 18.046432, "volume": 4000, "typical_volume": 4785.0, "trend": 17.644401, "fair_value": 16.341488, "relative_strength": -1.531176, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.827181, "energy": 19.945129, "activity_lines": [ 17.520893, 17.634251, 17.821873, 17.754807 ] }, { "date": "2025-05-09", "close": 18.27911, "volume": 6700, "typical_volume": 5070.0, "trend": 17.669582, "fair_value": 16.359103, "relative_strength": -1.392165, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 45.66381, "energy": 25.54443, "activity_lines": [ 17.852225, 17.715751, 17.867542, 17.795755 ] }, { "date": "2025-05-16", "close": 18.595551, "volume": 500, "typical_volume": 4670.0, "trend": 17.709727, "fair_value": 16.379251, "relative_strength": -1.903255, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 60.649263, "energy": 46.307713, "activity_lines": [ 18.182937, 17.858485, 17.937583, 17.855495 ] }, { "date": "2025-05-23", "close": 18.707239, "volume": 1000, "typical_volume": 4515.0, "trend": 17.755804, "fair_value": 16.400037, "relative_strength": -0.809448, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.664207, "energy": 57.181633, "activity_lines": [ 18.437331, 18.019641, 18.012447, 17.919851 ] }, { "date": "2025-05-30", "close": 18.893379, "volume": 200, "typical_volume": 4350.0, "trend": 17.81333, "fair_value": 16.422102, "relative_strength": -0.797619, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.173554, "energy": 79.290646, "activity_lines": [ 18.64581, 18.207683, 18.09808, 17.993243 ] }, { "date": "2025-06-06", "close": 18.967834, "volume": 3000, "typical_volume": 4335.0, "trend": 17.866713, "fair_value": 16.444433, "relative_strength": -1.160353, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.660115, "energy": 81.225561, "activity_lines": [ 18.800308, 18.40061, 18.184244, 18.067727 ] }, { "date": "2025-06-13", "close": 18.753771, "volume": 4800, "typical_volume": 4360.0, "trend": 17.919586, "fair_value": 16.464514, "relative_strength": -2.323849, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.273382, "energy": 76.35531, "activity_lines": [ 18.822024, 18.540047, 18.243549, 18.124957 ] }, { "date": "2025-06-20", "close": 18.595551, "volume": 2300, "typical_volume": 4150.0, "trend": 17.969669, "fair_value": 16.482885, "relative_strength": -2.875149, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.325777, "energy": 58.401131, "activity_lines": [ 18.759356, 18.61315, 18.283749, 18.168567 ] }, { "date": "2025-06-27", "close": 18.893379, "volume": 4900, "typical_volume": 4275.0, "trend": 18.024159, "fair_value": 16.503487, "relative_strength": -1.827821, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.748146, "energy": 49.239997, "activity_lines": [ 18.795964, 18.709436, 18.350182, 18.228161 ] }, { "date": "2025-07-04", "close": 18.796413, "volume": 700, "typical_volume": 4125.0, "trend": 18.067135, "fair_value": 16.522919, "relative_strength": -3.379176, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.509686, "energy": 48.190948, "activity_lines": [ 18.787841, 18.755264, 18.403786, 18.277984 ] }, { "date": "2025-07-11", "close": 18.871002, "volume": 1900, "typical_volume": 4190.0, "trend": 18.111493, "fair_value": 16.542651, "relative_strength": -2.682686, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.084807, "energy": 53.293808, "activity_lines": [ 18.811045, 18.794925, 18.462557, 18.329847 ] }, { "date": "2025-07-18", "close": 19.001532, "volume": 1500, "typical_volume": 4065.0, "trend": 18.175937, "fair_value": 16.563141, "relative_strength": -2.860232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.841311, "energy": 69.736734, "activity_lines": [ 18.884214, 18.843327, 18.53098, 18.387268 ] }, { "date": "2025-07-25", "close": 19.355829, "volume": 200, "typical_volume": 3830.0, "trend": 18.241978, "fair_value": 16.586221, "relative_strength": -1.574152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.436011, "energy": 87.813036, "activity_lines": [ 19.058966, 18.943011, 18.630674, 18.46339 ] }, { "date": "2025-08-01", "close": 18.898973, "volume": 3400, "typical_volume": 3805.0, "trend": 18.297074, "fair_value": 16.605178, "relative_strength": -2.031271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.839254, "energy": 70.89631, "activity_lines": [ 19.030746, 18.945807, 18.682744, 18.505777 ] }, { "date": "2025-08-08", "close": 19.206652, "volume": 2400, "typical_volume": 3805.0, "trend": 18.353439, "fair_value": 16.626329, "relative_strength": -2.940515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.108563, "energy": 70.176954, "activity_lines": [ 19.104714, 19.001059, 18.761382, 18.56446 ] }, { "date": "2025-08-15", "close": 19.607567, "volume": 600, "typical_volume": 3325.0, "trend": 18.420069, "fair_value": 16.650371, "relative_strength": -1.33557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.229675, "energy": 85.625342, "activity_lines": [ 19.28497, 19.123509, 18.874444, 18.645371 ] }, { "date": "2025-08-22", "close": 19.868628, "volume": 3000, "typical_volume": 2275.0, "trend": 18.485484, "fair_value": 16.676117, "relative_strength": -1.428665, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.165933, "energy": 86.456728, "activity_lines": [ 19.503143, 19.281793, 19.005507, 18.738827 ] }, { "date": "2025-08-29", "close": 19.626213, "volume": 4300, "typical_volume": 2360.0, "trend": 18.534761, "fair_value": 16.69953, "relative_strength": -3.262939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.180684, "energy": 87.143025, "activity_lines": [ 19.582704, 19.375731, 19.098335, 18.812422 ] }, { "date": "2025-09-05", "close": 19.514334, "volume": 100, "typical_volume": 2320.0, "trend": 18.580618, "fair_value": 16.721694, "relative_strength": -5.239949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.198651, "energy": 84.523789, "activity_lines": [ 19.606946, 19.430588, 19.167489, 18.87562 ] }, { "date": "2025-09-12", "close": 19.868628, "volume": 2300, "typical_volume": 2390.0, "trend": 18.629919, "fair_value": 16.74628, "relative_strength": -4.153768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.251943, "energy": 83.096429, "activity_lines": [ 19.708263, 19.538573, 19.258831, 18.958718 ] }, { "date": "2025-09-19", "close": 19.812689, "volume": 800, "typical_volume": 2230.0, "trend": 18.680763, "fair_value": 16.77005, "relative_strength": -5.840547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.373479, "energy": 65.744253, "activity_lines": [ 19.746801, 19.616891, 19.334573, 19.035026 ] }, { "date": "2025-09-26", "close": 19.887276, "volume": 1500, "typical_volume": 1970.0, "trend": 18.727586, "fair_value": 16.794029, "relative_strength": -5.270238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.887539, "energy": 66.773725, "activity_lines": [ 19.796527, 19.69165, 19.409008, 19.112865 ] }, { "date": "2025-10-03", "close": 20.303644, "volume": 2500, "typical_volume": 2070.0, "trend": 18.787977, "fair_value": 16.82082, "relative_strength": -5.398522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.057805, "energy": 72.55254, "activity_lines": [ 19.983799, 19.826007, 19.515438, 19.214546 ] }, { "date": "2025-10-10", "close": 20.069729, "volume": 2600, "typical_volume": 2150.0, "trend": 18.84615, "fair_value": 16.845433, "relative_strength": -4.429489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.777701, "energy": 64.054663, "activity_lines": [ 20.047937, 19.900601, 19.591458, 19.29724 ] }, { "date": "2025-10-17", "close": 20.322353, "volume": 300, "typical_volume": 2155.0, "trend": 18.909645, "fair_value": 16.871575, "relative_strength": -3.987154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.909086, "energy": 66.887729, "activity_lines": [ 20.159257, 19.999841, 19.685048, 19.392479 ] }, { "date": "2025-10-24", "close": 20.509485, "volume": 800, "typical_volume": 2045.0, "trend": 18.987744, "fair_value": 16.898724, "relative_strength": -3.798382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.667558, "energy": 71.037791, "activity_lines": [ 20.302706, 20.112819, 19.789656, 19.495694 ] }, { "date": "2025-10-31", "close": 20.584337, "volume": 1000, "typical_volume": 1855.0, "trend": 19.117636, "fair_value": 16.926024, "relative_strength": -3.079334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.716091, "energy": 74.366353, "activity_lines": [ 20.424652, 20.223008, 19.894052, 19.5987 ] }, { "date": "2025-11-07", "close": 20.472057, "volume": 100, "typical_volume": 1745.0, "trend": 19.236959, "fair_value": 16.952098, "relative_strength": -2.439519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.454223, "energy": 79.319299, "activity_lines": [ 20.462702, 20.299769, 19.979037, 19.686082 ] }, { "date": "2025-11-14", "close": 20.762112, "volume": 500, "typical_volume": 1525.0, "trend": 19.359436, "fair_value": 16.979909, "relative_strength": -2.395296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.253422, "energy": 85.733901, "activity_lines": [ 20.586208, 20.413889, 20.082711, 19.784479 ] }, { "date": "2025-11-21", "close": 20.350424, "volume": 1600, "typical_volume": 1570.0, "trend": 19.447404, "fair_value": 17.004333, "relative_strength": -3.812543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.661188, "energy": 60.78808, "activity_lines": [ 20.526327, 20.43047, 20.138278, 19.848414 ] }, { "date": "2025-11-28", "close": 20.705973, "volume": 8500, "typical_volume": 1900.0, "trend": 19.536055, "fair_value": 17.030963, "relative_strength": -5.909333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.222905, "energy": 60.997732, "activity_lines": [ 20.58309, 20.502935, 20.220307, 19.929612 ] }, { "date": "2025-12-05", "close": 20.799538, "volume": 8300, "typical_volume": 2240.0, "trend": 19.62007, "fair_value": 17.057881, "relative_strength": -5.224061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.211947, "energy": 60.970546, "activity_lines": [ 20.657942, 20.576172, 20.302508, 20.011127 ] }, { "date": "2025-12-12", "close": 20.87439, "volume": 2600, "typical_volume": 2360.0, "trend": 19.696031, "fair_value": 17.084949, "relative_strength": -5.451917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.387563, "energy": 60.312608, "activity_lines": [ 20.743399, 20.646431, 20.383276, 20.092051 ] }, { "date": "2025-12-19", "close": 20.996025, "volume": 1500, "typical_volume": 2265.0, "trend": 19.772324, "fair_value": 17.112492, "relative_strength": -5.500188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.170502, "energy": 64.375065, "activity_lines": [ 20.842578, 20.728428, 20.468398, 20.175921 ] }, { "date": "2025-12-26", "close": 20.921173, "volume": 2900, "typical_volume": 2290.0, "trend": 19.839917, "fair_value": 17.139126, "relative_strength": -6.434464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.69223, "energy": 59.953698, "activity_lines": [ 20.901212, 20.779974, 20.536405, 20.250041 ] }, { "date": "2026-01-02", "close": 21.244873, "volume": 11900, "typical_volume": 2855.0, "trend": 19.915818, "fair_value": 17.167638, "relative_strength": -4.583473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.873807, "energy": 71.82181, "activity_lines": [ 21.029697, 20.879487, 20.627075, 20.340683 ] }, { "date": "2026-01-09", "close": 21.634047, "volume": 9300, "typical_volume": 3170.0, "trend": 20.011828, "fair_value": 17.198441, "relative_strength": -4.894184, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.787605, "energy": 88.246658, "activity_lines": [ 21.251979, 21.036388, 20.747014, 20.451537 ] }, { "date": "2026-01-16", "close": 22.063135, "volume": 2500, "typical_volume": 3080.0, "trend": 20.127414, "fair_value": 17.231761, "relative_strength": -4.171768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.030999, "energy": 95.768051, "activity_lines": [ 21.561657, 21.25222, 20.899411, 20.583879 ] }, { "date": "2026-01-23", "close": 21.823645, "volume": 72500, "typical_volume": 6700.0, "trend": 20.225089, "fair_value": 17.262998, "relative_strength": -5.393963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.606552, "energy": 90.033212, "activity_lines": [ 21.712255, 21.395579, 21.017395, 20.693313 ] }, { "date": "2026-01-30", "close": 21.893496, "volume": 10300, "typical_volume": 7100.0, "trend": 20.328325, "fair_value": 17.294285, "relative_strength": -1.39165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.435343, "energy": 88.552541, "activity_lines": [ 21.830962, 21.532338, 21.131035, 20.800952 ] }, { "date": "2026-02-06", "close": 22.18288, "volume": 40000, "typical_volume": 9060.0, "trend": 20.438721, "fair_value": 17.327094, "relative_strength": -1.692015, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.960272, "energy": 85.090704, "activity_lines": [ 21.981309, 21.693656, 21.262593, 20.920601 ] }, { "date": "2026-02-13", "close": 22.372477, "volume": 65300, "typical_volume": 12250.0, "trend": 20.551086, "fair_value": 17.36073, "relative_strength": -2.536651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.944344, "energy": 72.352379, "activity_lines": [ 22.132321, 21.862594, 21.400922, 21.04536 ] }, { "date": "2026-02-20", "close": 22.691799, "volume": 30000, "typical_volume": 13625.0, "trend": 20.662285, "fair_value": 17.396035, "relative_strength": -3.169004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.690261, "energy": 86.779393, "activity_lines": [ 22.340545, 22.060991, 21.557827, 21.18347 ] }, { "date": "2026-02-27", "close": 22.951248, "volume": 13300, "typical_volume": 14160.0, "trend": 20.797361, "fair_value": 17.432583, "relative_strength": -3.392551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.441364, "energy": 93.598322, "activity_lines": [ 22.593342, 22.273517, 21.72807, 21.331145 ] }, { "date": "2026-03-06", "close": 21.723856, "volume": 21400, "typical_volume": 15215.0, "trend": 20.881268, "fair_value": 17.46063, "relative_strength": -4.847913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.449153, "energy": 63.550087, "activity_lines": [ 22.361834, 22.227332, 21.767697, 21.390919 ] }, { "date": "2026-03-13", "close": 21.534258, "volume": 84600, "typical_volume": 19405.0, "trend": 20.945491, "fair_value": 17.487083, "relative_strength": -3.881444, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.162035, "energy": 44.547074, "activity_lines": [ 22.078436, 22.132079, 21.782593, 21.433047 ] }, { "date": "2026-03-20", "close": 20.795826, "volume": 17300, "typical_volume": 20220.0, "trend": 20.976397, "fair_value": 17.508429, "relative_strength": -3.349428, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.963925, "energy": 17.890821, "activity_lines": [ 21.592135, 21.897305, 21.722283, 21.423392 ] }, { "date": "2026-03-27", "close": 21.045296, "volume": 31300, "typical_volume": 21780.0, "trend": 21.0237, "fair_value": 17.531101, "relative_strength": -3.95639, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.583244, "energy": 27.317159, "activity_lines": [ 21.294101, 21.723129, 21.684724, 21.427837 ] }, { "date": "2026-04-03", "close": 21.77, "volume": 18200, "typical_volume": 22665.0, "trend": 21.098889, "fair_value": 17.579197, "relative_strength": -3.925543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.390188, "energy": 25.204924, "activity_lines": [ 21.347402, 21.699224, 21.713455, 21.475985 ] }, { "date": "2026-04-10", "close": 22.559999, "volume": 15500, "typical_volume": 23360.0, "trend": 21.188601, "fair_value": 17.631265, "relative_strength": -2.047, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.340403, "energy": 26.675222, "activity_lines": [ 21.742786, 21.819931, 21.812625, 21.57025 ] }, { "date": "2026-04-17", "close": 22.82, "volume": 34500, "typical_volume": 24660.0, "trend": 21.288845, "fair_value": 17.68382, "relative_strength": -2.679911, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.875846, "energy": 44.003527, "activity_lines": [ 22.169094, 21.975792, 21.926034, 21.675502 ] }, { "date": "2026-04-24", "close": 22.32, "volume": 0, "typical_volume": 24245.0, "trend": 21.369936, "fair_value": 17.734168, "relative_strength": -3.411786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.27141, "energy": 53.991482, "activity_lines": [ 22.34302, 22.02916, 21.981758, 21.742028 ] }, { "date": "2026-05-01", "close": 22.325113, "volume": 11200, "typical_volume": 24675.0, "trend": 21.437318, "fair_value": 17.784005, "relative_strength": -3.182914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.076941, "energy": 59.953298, "activity_lines": [ 22.417038, 22.084412, 22.030729, 21.803652 ] }, { "date": "2026-05-08", "close": 22.434698, "volume": 19700, "typical_volume": 25585.0, "trend": 21.51615, "fair_value": 17.834135, "relative_strength": -3.06916, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.774871, "energy": 58.971052, "activity_lines": [ 22.442263, 22.166255, 22.083228, 21.867999 ] }, { "date": "2026-05-15", "close": 22.653864, "volume": 4000, "typical_volume": 25640.0, "trend": 21.593867, "fair_value": 17.885669, "relative_strength": -1.285461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.702099, "energy": 45.762802, "activity_lines": [ 22.49623, 22.297339, 22.149749, 21.9414 ] }, { "date": "2026-05-22", "close": 22.892954, "volume": 4200, "typical_volume": 25255.0, "trend": 21.673316, "fair_value": 17.939009, "relative_strength": -1.926618, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.734963, "energy": 44.47776, "activity_lines": [ 22.623636, 22.454984, 22.23079, 22.025212 ] }, { "date": "2026-05-29", "close": 23.022463, "volume": 15700, "typical_volume": 25575.0, "trend": 21.754587, "fair_value": 17.993179, "relative_strength": -2.050345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.559834, "energy": 52.180156, "activity_lines": [ 22.789349, 22.611472, 22.316317, 22.112254 ] }, { "date": "2026-06-05", "close": 23.161932, "volume": 0, "typical_volume": 25450.0, "trend": 21.84425, "fair_value": 18.047017, "relative_strength": -0.312115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.598373, "energy": 72.265543, "activity_lines": [ 22.95472, 22.752835, 22.408516, 22.20305 ] }, { "date": "2026-06-12", "close": 23.171894, "volume": 0, "typical_volume": 21825.0, "trend": 21.924576, "fair_value": 18.100918, "relative_strength": -1.641917, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.114907, "energy": 76.797996, "activity_lines": [ 23.067624, 22.857524, 22.49643, 22.288705 ] }, { "date": "2026-06-19", "close": 23.261553, "volume": 100, "typical_volume": 21315.0, "trend": 22.021614, "fair_value": 18.155394, "relative_strength": -1.24586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.301713, "energy": 83.120358, "activity_lines": [ 23.161268, 22.953026, 22.586464, 22.374961 ] }, { "date": "2026-06-26", "close": 23.550453, "volume": 0, "typical_volume": 19315.0, "trend": 22.116429, "fair_value": 18.211243, "relative_strength": 0.047631, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.921877, "energy": 89.2753, "activity_lines": [ 23.310699, 23.0883, 22.697497, 22.473596 ] }, { "date": "2026-07-03", "close": 23.700001, "volume": 0, "typical_volume": 16050.0, "trend": 22.213112, "fair_value": 18.26805, "relative_strength": -0.016413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.409627, "energy": 92.524811, "activity_lines": [ 23.466146, 23.237484, 22.81626, 22.575762 ] }, { "date": "2026-07-10", "close": 23.719999, "volume": 22600, "typical_volume": 15680.0, "trend": 22.307965, "fair_value": 18.324986, "relative_strength": -0.020764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.084389, "energy": 90.989303, "activity_lines": [ 23.583091, 23.365212, 22.930607, 22.672981 ] }, { "date": "2026-07-17", "close": 23.4, "volume": 67700, "typical_volume": 18400.0, "trend": 22.388098, "fair_value": 18.379048, "relative_strength": -1.162954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.68818, "energy": 85.821466, "activity_lines": [ 23.556164, 23.409397, 23.009581, 22.743434 ] }, { "date": "2026-07-24", "close": 23.690001, "volume": 31100, "typical_volume": 18885.0, "trend": 22.480392, "fair_value": 18.434969, "relative_strength": -0.137853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.174468, "energy": 86.027547, "activity_lines": [ 23.610697, 23.488759, 23.114037, 22.827428 ] }, { "date": "2026-07-31", "close": 23.84, "volume": 35300, "typical_volume": 16420.0, "trend": 22.566896, "fair_value": 18.491852, "relative_strength": 0.968012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.406781, "energy": 70.979074, "activity_lines": [ 23.686667, 23.576554, 23.223417, 22.915145 ] }, { "date": "2026-08-07", "close": 24.129999, "volume": 600, "typical_volume": 15585.0, "trend": 22.650095, "fair_value": 18.550593, "relative_strength": -0.967057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.130279, "energy": 80.063855, "activity_lines": [ 23.84, 23.699858, 23.349436, 23.01599 ] } ], "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." } } }