{ "ticker": { "uuid": "143c59e7-c3a7-4263-8319-42a14a2cc382", "symbol": "RYLG", "name": "GLOBAL X FDS RUSSELL 2000 COVERED CALL & GROWTH 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": 80.775, "architecture_energy": 62.38, "architecture_maturity": 60.267, "architecture_confidence": 79.219, "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": 10.47, "rotation_up": 56.78, "upward_expansion": 83.39, "deceleration": 65.22, "rotation_down": 27.15, "downward_expansion": 10.05 }, "activity_lines": [ 24.586308, 24.480923, 24.109969, 23.645997 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 25.0104, "trend_reference": 23.138529, "distance_from_trend": 0.080898, "trend_direction": "Improving", "fair_value": 19.561966, "distance_from_fair_value": 0.278522, "fair_value_direction": "Improving", "relative_strength": 0.445875, "relative_strength_direction": "Improving", "price_momentum": 0.105726, "excess_performance": -0.019899, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.080898, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044369, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.278522, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.038444, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.004459, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.00324, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.105726, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.401567, "read": "Demand-led" } ], "volume": { "latest": 18454, "relative_activity": 1.672998, "balance": 3.401567, "dry_up": 0.880558, "accumulation_observations": 5, "distribution_observations": 0 }, "risk": { "range_context": 0.020396, "annualized_volatility": 0.115914, "from_high_reference": -0.001581, "from_low_reference": 0.291163 }, "levels": { "trend_reference": 23.138529, "fair_value_reference": 19.561966, "structural_low": 20.973888, "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": 0.013057, "positive_rate": 0.578947, "directional_follow_through": 0.578947, "median_excess_return": -0.008036, "regime_survival": 0.736842, "best_return": 0.048638, "worst_return": -0.090004, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.041686, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.00999, "regime_survival": 0.285714, "best_return": 0.061531, "worst_return": -0.079975, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.085345, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.049686, "regime_survival": 0.666667, "best_return": 0.108696, "worst_return": -0.122591, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.047708, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.106175, "regime_survival": 0.0, "best_return": -0.047708, "worst_return": -0.047708, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-07-19", "tenure": "Developing", "return": 0.053501, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-12-27", "tenure": "Established", "return": 0.028967, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-07", "tenure": "Developing", "return": 0.013197, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": -0.039281, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.035002, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.004558, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-06", "tenure": "Developing", "return": 0.12415, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.051205, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.041228, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-11-21", "tenure": "Established", "return": 0.016648, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.007468, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-06", "tenure": "Established", "return": 0.003827, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-24", "tenure": "Developing", "return": 0.077048, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.078281, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.781286, "volume": 2131, "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": 16.805851, "volume": 1205, "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": 17.240916, "volume": 723, "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": 16.862664, "volume": 1435, "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": 16.86198, "volume": 1867, "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": 16.357141, "volume": 5559, "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": 16.428063, "volume": 5044, "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": 16.132404, "volume": 2656, "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": 15.878844, "volume": 4573, "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": 15.592609, "volume": 18656, "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": 15.261589, "volume": 198417, "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": 16.17114, "volume": 97417, "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": 15.887407, "volume": 62493, "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": 16.413599, "volume": 93110, "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": 16.578559, "volume": 21930, "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": 16.842107, "volume": 37285, "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": 16.974749, "volume": 25510, "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": 17.368855, "volume": 19063, "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": 17.61385, "volume": 27216, "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": 17.687317, "volume": 21413, "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": 17.151291, "volume": 204339, "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": 17.145007, "volume": 65564, "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": 17.090336, "volume": 18634, "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": 17.332355, "volume": 9632, "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": 17.287054, "volume": 18778, "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": 17.526694, "volume": 11037, "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": 17.706144, "volume": 15824, "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": 17.580446, "volume": 9850, "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": 17.94695, "volume": 15624, "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": 18.024774, "volume": 7760, "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": 17.860714, "volume": 36116, "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": 18.163796, "volume": 16217, "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": 18.45299, "volume": 5198, "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": 18.176886, "volume": 6533, "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": 17.784393, "volume": 6425, "typical_volume": 28900.9, "trend": 17.080602, "fair_value": 16.892915, "relative_strength": -7.400545, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.594461, "energy": 49.001544, "activity_lines": [ 18.078452, 18.017503, 17.778561, 17.4949 ] }, { "date": "2024-04-19", "close": 17.308735, "volume": 5676, "typical_volume": 27320.45, "trend": 17.112322, "fair_value": 16.898049, "relative_strength": -6.756142, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.702024, "energy": 23.797436, "activity_lines": [ 17.818779, 17.905932, 17.752171, 17.509619 ] }, { "date": "2024-04-26", "close": 17.723867, "volume": 29620, "typical_volume": 27525.95, "trend": 17.155515, "fair_value": 16.90812, "relative_strength": -6.745678, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.892753, "energy": 22.148294, "activity_lines": [ 17.734281, 17.873801, 17.763095, 17.549073 ] }, { "date": "2024-05-03", "close": 17.935272, "volume": 3936, "typical_volume": 26769.6, "trend": 17.215611, "fair_value": 16.920495, "relative_strength": -5.953276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.788794, "energy": 23.958781, "activity_lines": [ 17.74958, 17.879786, 17.790585, 17.59938 ] }, { "date": "2024-05-10", "close": 18.083607, "volume": 4194, "typical_volume": 25618.5, "trend": 17.289103, "fair_value": 16.934342, "relative_strength": -6.665692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.73786, "energy": 22.64411, "activity_lines": [ 17.848839, 17.90629, 17.829506, 17.65538 ] }, { "date": "2024-05-17", "close": 18.200728, "volume": 6071, "typical_volume": 24851.4, "trend": 17.37604, "fair_value": 16.94924, "relative_strength": -7.327177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.920365, "energy": 38.328831, "activity_lines": [ 17.993357, 17.951603, 17.877343, 17.714194 ] }, { "date": "2024-05-24", "close": 18.053262, "volume": 1928, "typical_volume": 14730.85, "trend": 17.469096, "fair_value": 16.962078, "relative_strength": -7.808949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.445791, "energy": 39.571317, "activity_lines": [ 18.060964, 17.966906, 17.908692, 17.757886 ] }, { "date": "2024-05-31", "close": 18.073703, "volume": 2666, "typical_volume": 11585.95, "trend": 17.532515, "fair_value": 16.974855, "relative_strength": -7.064979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.605277, "energy": 43.534166, "activity_lines": [ 18.085749, 17.982424, 17.937692, 17.796893 ] }, { "date": "2024-06-07", "close": 17.783715, "volume": 5412, "typical_volume": 10924.85, "trend": 17.595725, "fair_value": 16.984047, "relative_strength": -9.364553, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.082519, "energy": 28.079573, "activity_lines": [ 17.990549, 17.946855, 17.934652, 17.813099 ] }, { "date": "2024-06-14", "close": 17.659991, "volume": 9536, "typical_volume": 10920.05, "trend": 17.637272, "fair_value": 16.991641, "relative_strength": -11.14398, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.259632, "energy": 6.10019, "activity_lines": [ 17.864212, 17.900959, 17.916527, 17.817245 ] }, { "date": "2024-06-21", "close": 17.774215, "volume": 2474, "typical_volume": 10104.85, "trend": 17.677127, "fair_value": 17.000337, "relative_strength": -10.849018, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.894843, "energy": 11.075265, "activity_lines": [ 17.80419, 17.88523, 17.90772, 17.826081 ] }, { "date": "2024-06-28", "close": 17.924086, "volume": 6922, "typical_volume": 9899.1, "trend": 17.713193, "fair_value": 17.010488, "relative_strength": -9.750529, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.316669, "energy": 12.727282, "activity_lines": [ 17.82256, 17.896935, 17.910867, 17.842013 ] }, { "date": "2024-07-05", "close": 17.877431, "volume": 2571, "typical_volume": 9236.45, "trend": 17.743282, "fair_value": 17.019911, "relative_strength": -11.346222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.418453, "energy": 10.273377, "activity_lines": [ 17.833989, 17.888968, 17.907678, 17.852609 ] }, { "date": "2024-07-12", "close": 18.525761, "volume": 14952, "typical_volume": 9491.55, "trend": 17.781846, "fair_value": 17.036103, "relative_strength": -8.706754, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 65.534057, "energy": 43.527958, "activity_lines": [ 18.074614, 17.996088, 17.96542, 17.903092 ] }, { "date": "2024-07-19", "close": 18.604822, "volume": 7908, "typical_volume": 9105.75, "trend": 17.814878, "fair_value": 17.052792, "relative_strength": -6.204855, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.503121, "energy": 65.303683, "activity_lines": [ 18.292122, 18.106847, 18.026189, 17.956187 ] }, { "date": "2024-07-26", "close": 19.081119, "volume": 26333, "typical_volume": 10034.4, "trend": 17.861338, "fair_value": 17.074142, "relative_strength": -2.782766, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.384818, "energy": 83.125847, "activity_lines": [ 18.605408, 18.294728, 18.129187, 18.03788 ] }, { "date": "2024-08-02", "close": 18.123638, "volume": 12736, "typical_volume": 8865.4, "trend": 17.89375, "fair_value": 17.085075, "relative_strength": -5.369016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.247418, "energy": 67.639127, "activity_lines": [ 18.512406, 18.292515, 18.135966, 18.054803 ] }, { "date": "2024-08-09", "close": 17.959763, "volume": 34674, "typical_volume": 9788.25, "trend": 17.920908, "fair_value": 17.094092, "relative_strength": -5.952002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.648706, "energy": 39.248906, "activity_lines": [ 18.351475, 18.259227, 18.125887, 18.059062 ] }, { "date": "2024-08-16", "close": 18.506063, "volume": 2563, "typical_volume": 9656.5, "trend": 17.968099, "fair_value": 17.1085, "relative_strength": -6.537651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.640063, "energy": 32.168596, "activity_lines": [ 18.367156, 18.327338, 18.168807, 18.096814 ] }, { "date": "2024-08-23", "close": 18.972734, "volume": 9881, "typical_volume": 9823.9, "trend": 18.022778, "fair_value": 17.127331, "relative_strength": -5.259592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.92706, "energy": 34.85829, "activity_lines": [ 18.539707, 18.467164, 18.25592, 18.161629 ] }, { "date": "2024-08-30", "close": 19.003459, "volume": 28727, "typical_volume": 10939.0, "trend": 18.079992, "fair_value": 17.146092, "relative_strength": -5.109131, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.760788, "energy": 42.468544, "activity_lines": [ 18.697972, 18.588709, 18.342168, 18.224898 ] }, { "date": "2024-09-06", "close": 18.262968, "volume": 15352, "typical_volume": 11422.8, "trend": 18.104534, "fair_value": 17.15715, "relative_strength": -4.634462, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.321656, "energy": 38.938732, "activity_lines": [ 18.614584, 18.553269, 18.352089, 18.236703 ] }, { "date": "2024-09-13", "close": 18.861858, "volume": 13564, "typical_volume": 10620.0, "trend": 18.143058, "fair_value": 17.173863, "relative_strength": -5.050574, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.179185, "energy": 49.362962, "activity_lines": [ 18.721538, 18.620557, 18.414503, 18.285563 ] }, { "date": "2024-09-20", "close": 19.129808, "volume": 6567, "typical_volume": 10751.55, "trend": 18.194704, "fair_value": 17.192853, "relative_strength": -4.800229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.301803, "energy": 47.249431, "activity_lines": [ 18.857669, 18.718664, 18.497018, 18.349224 ] }, { "date": "2024-09-27", "close": 19.11445, "volume": 3822, "typical_volume": 10732.95, "trend": 18.23362, "fair_value": 17.211329, "relative_strength": -5.128706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.515266, "energy": 40.799469, "activity_lines": [ 18.947097, 18.802996, 18.572381, 18.408563 ] }, { "date": "2024-10-04", "close": 19.075659, "volume": 9586, "typical_volume": 10908.7, "trend": 18.26865, "fair_value": 17.229085, "relative_strength": -5.324177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.742, "energy": 50.982014, "activity_lines": [ 19.014147, 18.871009, 18.639141, 18.462888 ] }, { "date": "2024-10-11", "close": 19.302209, "volume": 4169, "typical_volume": 11020.75, "trend": 18.3167, "fair_value": 17.248643, "relative_strength": -5.083358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.095133, "energy": 58.491417, "activity_lines": [ 19.1519, 18.980313, 18.723311, 18.529569 ] }, { "date": "2024-10-18", "close": 19.568141, "volume": 3659, "typical_volume": 11070.4, "trend": 18.363511, "fair_value": 17.27032, "relative_strength": -4.388133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.075178, "energy": 65.305312, "activity_lines": [ 19.309015, 19.116539, 18.82686, 18.610307 ] }, { "date": "2024-10-25", "close": 19.102671, "volume": 3966, "typical_volume": 10998.1, "trend": 18.385167, "fair_value": 17.287287, "relative_strength": -5.525209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.782594, "energy": 50.638315, "activity_lines": [ 19.263888, 19.138891, 18.878963, 18.657995 ] }, { "date": "2024-11-01", "close": 19.12785, "volume": 3041, "typical_volume": 10673.35, "trend": 18.416866, "fair_value": 17.304172, "relative_strength": -3.8525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.234002, "energy": 49.227311, "activity_lines": [ 19.228962, 19.154973, 18.927182, 18.70591 ] }, { "date": "2024-11-08", "close": 20.336134, "volume": 3740, "typical_volume": 10736.65, "trend": 18.501924, "fair_value": 17.331736, "relative_strength": -2.280892, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.458608, "energy": 72.525386, "activity_lines": [ 19.595905, 19.387924, 19.083487, 18.829734 ] }, { "date": "2024-11-15", "close": 19.823645, "volume": 25585, "typical_volume": 11669.8, "trend": 18.585754, "fair_value": 17.354185, "relative_strength": -2.555575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.337852, "energy": 61.751557, "activity_lines": [ 19.707986, 19.503464, 19.178784, 18.915006 ] }, { "date": "2024-11-22", "close": 20.430923, "volume": 8587, "typical_volume": 11970.6, "trend": 18.67599, "fair_value": 17.381656, "relative_strength": -1.074131, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.387986, "energy": 80.537661, "activity_lines": [ 19.987731, 19.701042, 19.322871, 19.034049 ] }, { "date": "2024-11-29", "close": 20.598343, "volume": 11337, "typical_volume": 11789.85, "trend": 18.764759, "fair_value": 17.410122, "relative_strength": -1.264682, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.411631, "energy": 86.205034, "activity_lines": [ 20.265764, 19.900532, 19.470743, 19.158072 ] }, { "date": "2024-12-06", "close": 20.518298, "volume": 6610, "typical_volume": 11724.95, "trend": 18.845915, "fair_value": 17.437387, "relative_strength": -2.302633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.312298, "energy": 84.659301, "activity_lines": [ 20.417404, 20.058767, 19.601122, 19.271203 ] }, { "date": "2024-12-13", "close": 20.289087, "volume": 5525, "typical_volume": 10684.55, "trend": 18.915527, "fair_value": 17.462185, "relative_strength": -2.61363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.79899, "energy": 82.13665, "activity_lines": [ 20.399943, 20.149804, 19.700561, 19.364311 ] }, { "date": "2024-12-20", "close": 19.565471, "volume": 20709, "typical_volume": 11083.2, "trend": 18.965934, "fair_value": 17.480316, "relative_strength": -4.086779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.418393, "energy": 50.257251, "activity_lines": [ 20.144414, 20.087211, 19.725331, 19.406243 ] }, { "date": "2024-12-27", "close": 19.633845, "volume": 14423, "typical_volume": 10070.65, "trend": 19.017939, "fair_value": 17.498723, "relative_strength": -4.125316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.571468, "energy": 29.878176, "activity_lines": [ 19.928887, 20.032264, 19.749747, 19.449334 ] }, { "date": "2025-01-03", "close": 19.832239, "volume": 21232, "typical_volume": 11004.1, "trend": 19.086223, "fair_value": 17.518498, "relative_strength": -2.45857, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.269044, "energy": 23.777547, "activity_lines": [ 19.832631, 20.012193, 19.785086, 19.50187 ] }, { "date": "2025-01-10", "close": 19.331766, "volume": 25306, "typical_volume": 11775.35, "trend": 19.141949, "fair_value": 17.533736, "relative_strength": -2.873004, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.994568, "energy": 21.999367, "activity_lines": [ 19.620623, 19.887863, 19.766445, 19.517711 ] }, { "date": "2025-01-17", "close": 19.97958, "volume": 9141, "typical_volume": 10796.05, "trend": 19.215461, "fair_value": 17.554118, "relative_strength": -2.355106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.54431, "energy": 20.261164, "activity_lines": [ 19.703656, 19.877609, 19.807792, 19.571752 ] }, { "date": "2025-01-24", "close": 20.278073, "volume": 17890, "typical_volume": 10922.95, "trend": 19.293927, "fair_value": 17.57663, "relative_strength": -2.444088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.07536, "energy": 22.977479, "activity_lines": [ 19.90682, 19.92811, 19.872918, 19.640308 ] }, { "date": "2025-01-31", "close": 20.08672, "volume": 65341, "typical_volume": 13511.8, "trend": 19.36757, "fair_value": 17.597204, "relative_strength": -2.264961, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.262808, "energy": 26.631776, "activity_lines": [ 19.998694, 19.935556, 19.910224, 19.691456 ] }, { "date": "2025-02-07", "close": 20.093959, "volume": 18784, "typical_volume": 14122.65, "trend": 19.419843, "fair_value": 17.617503, "relative_strength": -1.950052, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.838503, "energy": 34.470688, "activity_lines": [ 20.062788, 19.950578, 19.942388, 19.738319 ] }, { "date": "2025-02-14", "close": 20.171843, "volume": 17759, "typical_volume": 14819.5, "trend": 19.472077, "fair_value": 17.638103, "relative_strength": -2.857429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.548909, "energy": 43.582863, "activity_lines": [ 20.135396, 19.98893, 19.977377, 19.786836 ] }, { "date": "2025-02-21", "close": 19.379482, "volume": 20314, "typical_volume": 15355.9, "trend": 19.482023, "fair_value": 17.652034, "relative_strength": -5.007005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.420051, "energy": 7.677492, "activity_lines": [ 19.887878, 19.889516, 19.931868, 19.780862 ] }, { "date": "2025-02-28", "close": 19.309707, "volume": 18637, "typical_volume": 16079.3, "trend": 19.521558, "fair_value": 17.66519, "relative_strength": -4.272041, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.780088, "energy": 9.597084, "activity_lines": [ 19.657109, 19.793954, 19.878268, 19.769745 ] }, { "date": "2025-03-07", "close": 18.633828, "volume": 35968, "typical_volume": 17694.75, "trend": 19.544027, "fair_value": 17.672817, "relative_strength": -4.514216, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.206286, "energy": 42.589824, "activity_lines": [ 19.265604, 19.580156, 19.760262, 19.712472 ] }, { "date": "2025-03-14", "close": 18.356289, "volume": 28625, "typical_volume": 18927.7, "trend": 19.539035, "fair_value": 17.678156, "relative_strength": -3.594545, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.196128, "energy": 63.432769, "activity_lines": [ 18.878446, 19.334077, 19.620273, 19.635843 ] }, { "date": "2025-03-21", "close": 18.488747, "volume": 20450, "typical_volume": 19798.15, "trend": 19.522902, "fair_value": 17.68444, "relative_strength": -3.253205, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.247985, "energy": 69.702763, "activity_lines": [ 18.651285, 19.138918, 19.496453, 19.568083 ] }, { "date": "2025-03-28", "close": 18.272614, "volume": 23187, "typical_volume": 20770.5, "trend": 19.49854, "fair_value": 17.688965, "relative_strength": -2.795742, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.587835, "energy": 82.446139, "activity_lines": [ 18.464286, 18.919789, 19.355093, 19.487419 ] }, { "date": "2025-04-04", "close": 16.665524, "volume": 25394, "typical_volume": 20760.95, "trend": 19.445292, "fair_value": 17.681152, "relative_strength": -2.365323, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.754276, "energy": 93.100216, "activity_lines": [ 17.815382, 18.439498, 19.070502, 19.304644 ] }, { "date": "2025-04-11", "close": 16.935931, "volume": 54458, "typical_volume": 23054.5, "trend": 19.381095, "fair_value": 17.675506, "relative_strength": -5.917459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.130753, "energy": 89.420437, "activity_lines": [ 17.432892, 18.074054, 18.826704, 19.14275 ] }, { "date": "2025-04-18", "close": 17.116702, "volume": 40882, "typical_volume": 24531.75, "trend": 19.313991, "fair_value": 17.671305, "relative_strength": -3.394173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.060592, "energy": 87.020637, "activity_lines": [ 17.223852, 17.798765, 18.616764, 18.99666 ] }, { "date": "2025-04-25", "close": 17.641722, "volume": 29143, "typical_volume": 25658.4, "trend": 19.2649, "fair_value": 17.671084, "relative_strength": -4.633869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.755906, "energy": 74.79534, "activity_lines": [ 17.272458, 17.673066, 18.473406, 18.888771 ] }, { "date": "2025-05-02", "close": 18.029066, "volume": 13491, "typical_volume": 26056.7, "trend": 19.230014, "fair_value": 17.673736, "relative_strength": -5.110313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.176338, "energy": 52.145105, "activity_lines": [ 17.506647, 17.663795, 18.380635, 18.80904 ] }, { "date": "2025-05-09", "close": 18.060566, "volume": 14376, "typical_volume": 25740.05, "trend": 19.188626, "fair_value": 17.67658, "relative_strength": -4.363666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.078231, "energy": 36.52589, "activity_lines": [ 17.767573, 17.684805, 18.301627, 18.733592 ] }, { "date": "2025-05-16", "close": 18.558605, "volume": 17715, "typical_volume": 25904.65, "trend": 19.154974, "fair_value": 17.683018, "relative_strength": -6.472457, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.995377, "energy": 24.919614, "activity_lines": [ 18.101509, 17.819078, 18.277217, 18.692946 ] }, { "date": "2025-05-23", "close": 18.062364, "volume": 22628, "typical_volume": 25974.45, "trend": 19.120297, "fair_value": 17.685767, "relative_strength": -6.421315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.838199, "energy": 25.187105, "activity_lines": [ 18.161853, 17.864494, 18.210666, 18.622455 ] }, { "date": "2025-05-30", "close": 18.259918, "volume": 15795, "typical_volume": 25498.9, "trend": 19.091366, "fair_value": 17.689898, "relative_strength": -6.847616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.462681, "energy": 22.582257, "activity_lines": [ 18.225004, 17.951173, 18.171358, 18.566946 ] }, { "date": "2025-06-06", "close": 18.734551, "volume": 15681, "typical_volume": 25825.9, "trend": 19.03798, "fair_value": 17.69736, "relative_strength": -5.847893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.395618, "energy": 18.664512, "activity_lines": [ 18.405153, 18.12831, 18.182357, 18.543926 ] }, { "date": "2025-06-13", "close": 18.56825, "volume": 6651, "typical_volume": 25263.95, "trend": 18.996134, "fair_value": 17.703536, "relative_strength": -6.248909, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.191455, "energy": 13.14392, "activity_lines": [ 18.482836, 18.26681, 18.183446, 18.513621 ] }, { "date": "2025-06-20", "close": 18.690043, "volume": 6956, "typical_volume": 22344.7, "trend": 18.938104, "fair_value": 17.710483, "relative_strength": -5.394777, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.78881, "energy": 13.501101, "activity_lines": [ 18.567271, 18.392861, 18.204277, 18.493873 ] }, { "date": "2025-06-27", "close": 19.112424, "volume": 47011, "typical_volume": 23756.05, "trend": 18.888574, "fair_value": 17.720287, "relative_strength": -6.379915, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.272634, "energy": 21.687641, "activity_lines": [ 18.783737, 18.563814, 18.271985, 18.505119 ] }, { "date": "2025-07-04", "close": 19.519037, "volume": 20187, "typical_volume": 23877.45, "trend": 18.855265, "fair_value": 17.732778, "relative_strength": -5.905503, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.447978, "energy": 57.994318, "activity_lines": [ 19.065737, 18.772412, 18.383093, 18.545794 ] }, { "date": "2025-07-11", "close": 19.474078, "volume": 8471, "typical_volume": 23285.3, "trend": 18.828098, "fair_value": 17.744787, "relative_strength": -5.739495, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.767501, "energy": 67.494761, "activity_lines": [ 19.24881, 18.938702, 18.493027, 18.585718 ] }, { "date": "2025-07-18", "close": 19.393621, "volume": 11944, "typical_volume": 22950.65, "trend": 18.82237, "fair_value": 17.756081, "relative_strength": -6.536356, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.041043, "energy": 66.393987, "activity_lines": [ 19.355761, 19.06409, 18.594848, 18.622203 ] }, { "date": "2025-07-25", "close": 19.549642, "volume": 12707, "typical_volume": 21787.6, "trend": 18.819563, "fair_value": 17.768282, "relative_strength": -6.932596, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.843749, "energy": 73.621689, "activity_lines": [ 19.459695, 19.193609, 18.711129, 18.669124 ] }, { "date": "2025-08-01", "close": 18.909248, "volume": 10559, "typical_volume": 20884.3, "trend": 18.788797, "fair_value": 17.775991, "relative_strength": -7.537701, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.112826, "energy": 49.81152, "activity_lines": [ 19.292858, 19.188674, 18.762059, 18.67491 ] }, { "date": "2025-08-08", "close": 19.357116, "volume": 8805, "typical_volume": 20302.05, "trend": 18.789642, "fair_value": 17.786603, "relative_strength": -7.442144, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.978182, "energy": 35.588512, "activity_lines": [ 19.288855, 19.249771, 18.85301, 18.711576 ] }, { "date": "2025-08-15", "close": 19.778878, "volume": 4814, "typical_volume": 19383.4, "trend": 18.782952, "fair_value": 17.799884, "relative_strength": -6.177278, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.45212, "energy": 41.988565, "activity_lines": [ 19.436234, 19.367603, 18.979993, 18.775397 ] }, { "date": "2025-08-22", "close": 20.276964, "volume": 18489, "typical_volume": 19038.15, "trend": 18.782915, "fair_value": 17.816289, "relative_strength": -3.938307, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.134957, "energy": 61.649248, "activity_lines": [ 19.729321, 19.557009, 19.147241, 18.871785 ] }, { "date": "2025-08-29", "close": 20.291379, "volume": 18251, "typical_volume": 17227.8, "trend": 18.789737, "fair_value": 17.832572, "relative_strength": -3.67979, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.13936, "energy": 86.20085, "activity_lines": [ 19.968324, 19.717968, 19.298664, 18.969106 ] }, { "date": "2025-09-05", "close": 20.475762, "volume": 7104, "typical_volume": 15538.9, "trend": 18.802463, "fair_value": 17.849848, "relative_strength": -2.985912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.975133, "energy": 91.011006, "activity_lines": [ 20.219339, 19.883335, 19.451669, 19.077881 ] }, { "date": "2025-09-12", "close": 20.554405, "volume": 5523, "typical_volume": 14357.9, "trend": 18.815215, "fair_value": 17.86741, "relative_strength": -3.966225, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.543179, "energy": 90.619449, "activity_lines": [ 20.392134, 20.038214, 19.596168, 19.19091 ] }, { "date": "2025-09-19", "close": 20.73742, "volume": 19049, "typical_volume": 14635.8, "trend": 18.86048, "fair_value": 17.885926, "relative_strength": -4.133794, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.630289, "energy": 90.020212, "activity_lines": [ 20.546115, 20.207543, 19.744228, 19.314923 ] }, { "date": "2025-09-26", "close": 20.638994, "volume": 18866, "typical_volume": 14860.3, "trend": 18.90479, "fair_value": 17.903574, "relative_strength": -4.166931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.437479, "energy": 82.561617, "activity_lines": [ 20.603385, 20.336007, 19.870016, 19.429666 ] }, { "date": "2025-10-03", "close": 20.974302, "volume": 13045, "typical_volume": 14626.8, "trend": 18.982805, "fair_value": 17.936834, "relative_strength": -3.551331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.700308, "energy": 74.781674, "activity_lines": [ 20.748288, 20.502793, 20.015461, 19.563183 ] }, { "date": "2025-10-10", "close": 20.436066, "volume": 11922, "typical_volume": 14091.5, "trend": 19.052131, "fair_value": 17.96742, "relative_strength": -3.558846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.613105, "energy": 61.006918, "activity_lines": [ 20.668251, 20.545814, 20.098141, 19.656942 ] }, { "date": "2025-10-17", "close": 20.960174, "volume": 15786, "typical_volume": 14091.05, "trend": 19.134512, "fair_value": 17.997853, "relative_strength": -2.643795, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.045882, "energy": 59.877137, "activity_lines": [ 20.765563, 20.656368, 20.219434, 19.780041 ] }, { "date": "2025-10-24", "close": 21.413185, "volume": 14900, "typical_volume": 14052.0, "trend": 19.239198, "fair_value": 18.027098, "relative_strength": -2.325543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.572508, "energy": 64.528669, "activity_lines": [ 20.986828, 20.820141, 20.371012, 19.927052 ] }, { "date": "2025-10-31", "close": 21.237318, "volume": 9191, "typical_volume": 14179.0, "trend": 19.391591, "fair_value": 18.056668, "relative_strength": -3.652637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.199438, "energy": 61.685722, "activity_lines": [ 21.104419, 20.922223, 20.493085, 20.055963 ] }, { "date": "2025-11-07", "close": 20.942913, "volume": 6674, "typical_volume": 14164.9, "trend": 19.525157, "fair_value": 18.081372, "relative_strength": -3.233917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.75292, "energy": 57.867574, "activity_lines": [ 21.083987, 20.953316, 20.57441, 20.156049 ] }, { "date": "2025-11-14", "close": 20.721184, "volume": 18340, "typical_volume": 12731.35, "trend": 19.645307, "fair_value": 18.106399, "relative_strength": -4.200169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.815276, "energy": 49.671237, "activity_lines": [ 20.991738, 20.932249, 20.623889, 20.233212 ] }, { "date": "2025-11-21", "close": 20.629183, "volume": 29931, "typical_volume": 13218.55, "trend": 19.744889, "fair_value": 18.129477, "relative_strength": -2.559471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.057405, "energy": 33.30311, "activity_lines": [ 20.849814, 20.889992, 20.656946, 20.296688 ] }, { "date": "2025-11-28", "close": 21.354045, "volume": 10415, "typical_volume": 13315.75, "trend": 19.855721, "fair_value": 18.156107, "relative_strength": -2.535457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.563459, "energy": 35.99366, "activity_lines": [ 20.971577, 20.978169, 20.753751, 20.400504 ] }, { "date": "2025-12-05", "close": 21.513512, "volume": 9623, "typical_volume": 13199.7, "trend": 19.970819, "fair_value": 18.187683, "relative_strength": -1.972838, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.042347, "energy": 43.865047, "activity_lines": [ 21.150438, 21.084128, 20.856792, 20.507458 ] }, { "date": "2025-12-12", "close": 21.667563, "volume": 20891, "typical_volume": 13608.9, "trend": 20.074451, "fair_value": 18.22208, "relative_strength": -0.570086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.865674, "energy": 50.356546, "activity_lines": [ 21.362237, 21.202196, 20.964409, 20.616926 ] }, { "date": "2025-12-19", "close": 21.632551, "volume": 20033, "typical_volume": 14082.6, "trend": 20.193458, "fair_value": 18.25649, "relative_strength": -0.749291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.396508, "energy": 63.31415, "activity_lines": [ 21.514054, 21.301294, 21.058606, 20.717448 ] }, { "date": "2025-12-26", "close": 21.725993, "volume": 15899, "typical_volume": 14437.3, "trend": 20.308993, "fair_value": 18.291104, "relative_strength": -1.611217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.236588, "energy": 69.757859, "activity_lines": [ 21.636262, 21.395627, 21.148734, 20.816321 ] }, { "date": "2026-01-02", "close": 21.55441, "volume": 24360, "typical_volume": 15414.6, "trend": 20.402989, "fair_value": 18.323214, "relative_strength": -1.228843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.244001, "energy": 59.113261, "activity_lines": [ 21.628154, 21.444838, 21.211241, 20.896671 ] }, { "date": "2026-01-09", "close": 22.253322, "volume": 27597, "typical_volume": 15870.0, "trend": 20.525824, "fair_value": 18.356404, "relative_strength": 0.471029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.823046, "energy": 65.981112, "activity_lines": [ 21.83966, 21.618557, 21.331856, 21.016047 ] }, { "date": "2026-01-16", "close": 22.517263, "volume": 10183, "typical_volume": 15466.6, "trend": 20.653398, "fair_value": 18.391323, "relative_strength": 2.095071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.801222, "energy": 77.774744, "activity_lines": [ 22.089825, 21.821793, 21.468197, 21.144527 ] }, { "date": "2026-01-23", "close": 22.502016, "volume": 14054, "typical_volume": 15814.1, "trend": 20.766385, "fair_value": 18.424483, "relative_strength": 2.453383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.913737, "energy": 76.596157, "activity_lines": [ 22.278261, 21.993632, 21.592486, 21.263793 ] }, { "date": "2026-01-30", "close": 22.192095, "volume": 16113, "typical_volume": 16343.6, "trend": 20.855487, "fair_value": 18.453022, "relative_strength": 0.745338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.241855, "energy": 72.627067, "activity_lines": [ 22.305425, 22.076743, 21.67761, 21.355774 ] }, { "date": "2026-02-06", "close": 22.618979, "volume": 18220, "typical_volume": 16302.15, "trend": 20.960317, "fair_value": 18.486351, "relative_strength": 2.951582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.080212, "energy": 70.06112, "activity_lines": [ 22.443811, 22.209052, 21.795591, 21.469548 ] }, { "date": "2026-02-13", "close": 22.493648, "volume": 12633, "typical_volume": 15990.5, "trend": 21.063651, "fair_value": 18.517763, "relative_strength": 3.743167, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.343316, "energy": 55.789101, "activity_lines": [ 22.469449, 22.295575, 21.892677, 21.568472 ] }, { "date": "2026-02-20", "close": 22.672595, "volume": 7378, "typical_volume": 15707.15, "trend": 21.167749, "fair_value": 18.55287, "relative_strength": 3.390793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.782908, "energy": 56.110474, "activity_lines": [ 22.538714, 22.396814, 21.997973, 21.672275 ] }, { "date": "2026-02-27", "close": 22.49698, "volume": 9509, "typical_volume": 15586.5, "trend": 21.287341, "fair_value": 18.58469, "relative_strength": 3.109629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.11895, "energy": 52.382625, "activity_lines": [ 22.539085, 22.447849, 22.078456, 21.758032 ] }, { "date": "2026-03-06", "close": 21.750477, "volume": 13799, "typical_volume": 15487.15, "trend": 21.367119, "fair_value": 18.620243, "relative_strength": 1.729745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.805291, "energy": 31.320881, "activity_lines": [ 22.290958, 22.347439, 22.078031, 21.787912 ] }, { "date": "2026-03-13", "close": 21.383001, "volume": 12809, "typical_volume": 15382.6, "trend": 21.42059, "fair_value": 18.655983, "relative_strength": 1.578351, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.041927, "energy": 14.84975, "activity_lines": [ 21.949779, 22.17977, 22.038844, 21.788936 ] }, { "date": "2026-03-20", "close": 21.077294, "volume": 7655, "typical_volume": 15305.8, "trend": 21.447268, "fair_value": 18.689118, "relative_strength": 2.002352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.366211, "energy": 23.262051, "activity_lines": [ 21.589097, 21.959635, 21.970686, 21.766788 ] }, { "date": "2026-03-27", "close": 21.170394, "volume": 9637, "typical_volume": 15453.95, "trend": 21.476568, "fair_value": 18.719662, "relative_strength": 4.78458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.47058, "energy": 35.42706, "activity_lines": [ 21.353872, 21.77781, 21.912157, 21.748926 ] }, { "date": "2026-04-03", "close": 21.767116, "volume": 4253, "typical_volume": 14749.6, "trend": 21.519613, "fair_value": 18.755682, "relative_strength": 4.177458, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.478196, "energy": 29.077875, "activity_lines": [ 21.417701, 21.728967, 21.909375, 21.767671 ] }, { "date": "2026-04-10", "close": 22.333537, "volume": 9741, "typical_volume": 13740.1, "trend": 21.578918, "fair_value": 18.793822, "relative_strength": 3.122046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.875778, "energy": 17.441744, "activity_lines": [ 21.718995, 21.796473, 21.955557, 21.820182 ] }, { "date": "2026-04-17", "close": 23.045636, "volume": 27008, "typical_volume": 14569.75, "trend": 21.655858, "fair_value": 18.836023, "relative_strength": 1.839688, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.55858, "energy": 32.679452, "activity_lines": [ 22.218784, 21.990879, 22.061443, 21.914809 ] }, { "date": "2026-04-24", "close": 23.030514, "volume": 13517, "typical_volume": 14764.45, "trend": 21.735576, "fair_value": 18.879103, "relative_strength": 1.240197, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.662271, "energy": 53.478285, "activity_lines": [ 22.60269, 22.174778, 22.157833, 22.003496 ] }, { "date": "2026-05-01", "close": 23.194689, "volume": 20370, "typical_volume": 14738.4, "trend": 21.809588, "fair_value": 18.923433, "relative_strength": 1.011908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.377028, "energy": 72.86009, "activity_lines": [ 22.911107, 22.378766, 22.262635, 22.097633 ] }, { "date": "2026-05-08", "close": 23.524913, "volume": 10230, "typical_volume": 14248.25, "trend": 21.91255, "fair_value": 18.970518, "relative_strength": 0.121841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.061859, "energy": 82.756504, "activity_lines": [ 23.194645, 22.633302, 22.391614, 22.208299 ] }, { "date": "2026-05-15", "close": 23.200217, "volume": 7150, "typical_volume": 13810.8, "trend": 21.987218, "fair_value": 19.013867, "relative_strength": -1.454958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.980314, "energy": 76.933461, "activity_lines": [ 23.252765, 22.810113, 22.480659, 22.291374 ] }, { "date": "2026-05-22", "close": 23.686933, "volume": 11670, "typical_volume": 13176.3, "trend": 22.06301, "fair_value": 19.060371, "relative_strength": -0.273835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.453872, "energy": 77.167191, "activity_lines": [ 23.415344, 23.049059, 22.609038, 22.401033 ] }, { "date": "2026-05-29", "close": 24.012199, "volume": 11853, "typical_volume": 12389.1, "trend": 22.155506, "fair_value": 19.10612, "relative_strength": -0.377453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.278184, "energy": 78.299029, "activity_lines": [ 23.643593, 23.305255, 22.75824, 22.526787 ] }, { "date": "2026-06-05", "close": 23.572713, "volume": 8842, "typical_volume": 12322.05, "trend": 22.243166, "fair_value": 19.147889, "relative_strength": 0.289152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.666622, "energy": 61.796379, "activity_lines": [ 23.6599, 23.428181, 22.85721, 22.61822 ] }, { "date": "2026-06-12", "close": 24.19024, "volume": 4687, "typical_volume": 11853.7, "trend": 22.358801, "fair_value": 19.193976, "relative_strength": 2.262502, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.685547, "energy": 73.95776, "activity_lines": [ 23.856849, 23.619708, 23.009967, 22.743838 ] }, { "date": "2026-06-19", "close": 24.239316, "volume": 16785, "typical_volume": 11887.3, "trend": 22.479139, "fair_value": 19.242865, "relative_strength": 1.485973, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.221458, "energy": 78.228028, "activity_lines": [ 24.025801, 23.7761, 23.159358, 22.865161 ] }, { "date": "2026-06-26", "close": 24.430588, "volume": 11476, "typical_volume": 11550.1, "trend": 22.58169, "fair_value": 19.289514, "relative_strength": 4.645998, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.779548, "energy": 78.825149, "activity_lines": [ 24.189237, 23.932618, 23.317217, 22.991061 ] }, { "date": "2026-07-03", "close": 24.446593, "volume": 9068, "typical_volume": 11371.85, "trend": 22.67946, "fair_value": 19.337266, "relative_strength": 2.416688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.644361, "energy": 82.222609, "activity_lines": [ 24.308431, 24.066865, 23.467973, 23.111377 ] }, { "date": "2026-07-10", "close": 24.472539, "volume": 5471, "typical_volume": 11276.5, "trend": 22.772959, "fair_value": 19.382417, "relative_strength": 1.093093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.436222, "energy": 79.805275, "activity_lines": [ 24.407314, 24.180083, 23.611901, 23.22706 ] }, { "date": "2026-07-17", "close": 24.463294, "volume": 3721, "typical_volume": 10987.1, "trend": 22.867317, "fair_value": 19.426557, "relative_strength": 2.537555, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.644304, "energy": 75.948132, "activity_lines": [ 24.443126, 24.268387, 23.746377, 23.336114 ] }, { "date": "2026-07-24", "close": 24.2953, "volume": 8880, "typical_volume": 10741.15, "trend": 22.95296, "fair_value": 19.468959, "relative_strength": 2.320583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.855483, "energy": 58.367836, "activity_lines": [ 24.404738, 24.309084, 23.855491, 23.428242 ] }, { "date": "2026-07-31", "close": 24.3644, "volume": 7797, "typical_volume": 10490.55, "trend": 23.046627, "fair_value": 19.51272, "relative_strength": 1.385863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.231468, "energy": 53.930562, "activity_lines": [ 24.38565, 24.342435, 23.959067, 23.519302 ] }, { "date": "2026-08-07", "close": 25.0104, "volume": 18454, "typical_volume": 11030.5, "trend": 23.138529, "fair_value": 19.561966, "relative_strength": 0.445875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.774781, "energy": 62.380002, "activity_lines": [ 24.586308, 24.480923, 24.109969, 23.645997 ] } ], "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." } } }