{ "ticker": { "uuid": "18ab3e97-a012-412b-9606-1fcbc54af934", "symbol": "TULV", "name": "TD Q U.S. Low Volatility ETF", "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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 49.051, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 59.329, "architecture_energy": 44.76, "architecture_maturity": 14.307, "architecture_confidence": 71.683, "architecture_tenure": "Developing", "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": 20.27, "rotation_up": 60.49, "upward_expansion": 79.13, "deceleration": 56.48, "rotation_down": 15.85, "downward_expansion": 5.79 }, "activity_lines": [ 23.911334, 23.788575, 23.474117, 23.354884 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 23.91, "trend_reference": 23.239791, "distance_from_trend": 0.028839, "trend_direction": "Improving", "fair_value": 20.903106, "distance_from_fair_value": 0.143849, "fair_value_direction": "Improving", "relative_strength": -7.112728, "relative_strength_direction": "Improving", "price_momentum": 0.01886, "excess_performance": -0.101561, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.028839, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.015505, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.143849, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.039714, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.071127, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036043, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.01886, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.065099, "read": "Demand-led" } ], "volume": { "latest": 5200, "relative_activity": 0.303384, "balance": 2.065099, "dry_up": 1.025379, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.022378, "annualized_volatility": 0.107245, "from_high_reference": -0.032376, "from_low_reference": 0.102467 }, "levels": { "trend_reference": 23.239791, "fair_value_reference": 20.903106, "structural_low": 22.354713, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": 7.2e-05, "positive_rate": 0.515152, "directional_follow_through": 0.515152, "median_excess_return": 0.000185, "regime_survival": 0.69697, "best_return": 0.047022, "worst_return": -0.048343, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.004488, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.004364, "regime_survival": 0.333333, "best_return": 0.103908, "worst_return": -0.046478, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.008048, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.006722, "regime_survival": 0.142857, "best_return": 0.11573, "worst_return": -0.041631, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.075155, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.024488, "regime_survival": 0.5, "best_return": 0.212103, "worst_return": -0.042759, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2025-01-03", "tenure": "Established", "return": 0.110229, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.037379, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": -0.016947, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": -0.002271, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-05-09", "end": "2025-05-16", "tenure": "New", "return": 0.014552, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.0023, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-08-01", "tenure": "Developing", "return": 0.026459, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-08-15", "tenure": "New", "return": 0.013569, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-22", "end": "2025-09-26", "tenure": "Developing", "return": -0.007961, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2026-03-20", "tenure": "Established", "return": 0.007027, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-08", "tenure": "Developing", "return": -0.012535, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-15", "end": "2026-05-22", "tenure": "New", "return": 0.024476, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-29", "end": "2026-06-26", "tenure": "Developing", "return": 0.030013, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": -0.005408, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.450319, "volume": 6900, "typical_volume": 10115.0, "trend": 17.582442, "fair_value": 16.377237, "relative_strength": -0.154503, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.779725, "energy": 18.97447, "activity_lines": [ 17.535459, 17.477749, 17.512252, 17.554841 ] }, { "date": "2023-08-25", "close": 17.431259, "volume": 16000, "typical_volume": 10685.0, "trend": 17.577135, "fair_value": 16.395227, "relative_strength": -0.349531, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.145307, "energy": 16.598861, "activity_lines": [ 17.500513, 17.47847, 17.49444, 17.545088 ] }, { "date": "2023-09-01", "close": 17.526564, "volume": 13400, "typical_volume": 11045.0, "trend": 17.571229, "fair_value": 16.413828, "relative_strength": -3.17915, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.175957, "energy": 10.265044, "activity_lines": [ 17.50242, 17.4952, 17.487934, 17.541825 ] }, { "date": "2023-09-08", "close": 17.393137, "volume": 4500, "typical_volume": 10490.0, "trend": 17.569373, "fair_value": 16.433202, "relative_strength": -1.619622, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.922009, "energy": 24.312227, "activity_lines": [ 17.461121, 17.482204, 17.469321, 17.530335 ] }, { "date": "2023-09-15", "close": 17.393137, "volume": 2800, "typical_volume": 9790.0, "trend": 17.564999, "fair_value": 16.452576, "relative_strength": -4.133484, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.440249, "energy": 33.253841, "activity_lines": [ 17.428717, 17.466782, 17.454068, 17.518965 ] }, { "date": "2023-09-22", "close": 17.097692, "volume": 41500, "typical_volume": 11000.0, "trend": 17.54763, "fair_value": 16.470057, "relative_strength": -1.597942, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -76.368708, "energy": 63.193144, "activity_lines": [ 17.314987, 17.399375, 17.415166, 17.488816 ] }, { "date": "2023-09-29", "close": 16.825224, "volume": 72000, "typical_volume": 13705.0, "trend": 17.52464, "fair_value": 16.485411, "relative_strength": -1.887333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.979571, "energy": 81.621607, "activity_lines": [ 17.133942, 17.285375, 17.354448, 17.44221 ] }, { "date": "2023-10-06", "close": 16.863533, "volume": 25800, "typical_volume": 14330.0, "trend": 17.510796, "fair_value": 16.499259, "relative_strength": -0.148092, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.617296, "energy": 84.889501, "activity_lines": [ 17.00607, 17.190745, 17.303714, 17.399557 ] }, { "date": "2023-10-13", "close": 16.844378, "volume": 4700, "typical_volume": 14455.0, "trend": 17.495054, "fair_value": 16.512984, "relative_strength": -1.277397, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.58841, "energy": 88.697749, "activity_lines": [ 16.916014, 17.105034, 17.255952, 17.356563 ] }, { "date": "2023-10-20", "close": 16.901838, "volume": 11600, "typical_volume": 14125.0, "trend": 17.476822, "fair_value": 16.527077, "relative_strength": 0.866752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.402609, "energy": 86.048503, "activity_lines": [ 16.881696, 17.042173, 17.216563, 17.318291 ] }, { "date": "2023-10-27", "close": 16.777348, "volume": 5800, "typical_volume": 13855.0, "trend": 17.447325, "fair_value": 16.540373, "relative_strength": 2.173278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.007132, "energy": 82.028524, "activity_lines": [ 16.838634, 16.97029, 17.167539, 17.273163 ] }, { "date": "2023-11-03", "close": 17.217852, "volume": 37500, "typical_volume": 15200.0, "trend": 17.424608, "fair_value": 16.556492, "relative_strength": -0.872812, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.080616, "energy": 46.098631, "activity_lines": [ 16.963764, 16.990733, 17.16292, 17.258359 ] }, { "date": "2023-11-10", "close": 17.256153, "volume": 17700, "typical_volume": 15890.0, "trend": 17.411387, "fair_value": 16.573032, "relative_strength": 0.180892, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.261022, "energy": 26.248867, "activity_lines": [ 17.075485, 17.022021, 17.162619, 17.247491 ] }, { "date": "2023-11-17", "close": 17.447674, "volume": 10900, "typical_volume": 16145.0, "trend": 17.38969, "fair_value": 16.590799, "relative_strength": -1.287855, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.553654, "energy": 17.732498, "activity_lines": [ 17.224871, 17.093047, 17.180415, 17.249832 ] }, { "date": "2023-11-24", "close": 17.562592, "volume": 6000, "typical_volume": 15540.0, "trend": 17.36392, "fair_value": 16.609304, "relative_strength": -0.244354, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 22.078937, "energy": 32.805016, "activity_lines": [ 17.372344, 17.183976, 17.20826, 17.260987 ] }, { "date": "2023-12-01", "close": 17.466829, "volume": 2700, "typical_volume": 15210.0, "trend": 17.347288, "fair_value": 16.630289, "relative_strength": -2.402496, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.930026, "energy": 34.05542, "activity_lines": [ 17.443846, 17.254413, 17.226631, 17.267626 ] }, { "date": "2023-12-08", "close": 17.61047, "volume": 10600, "typical_volume": 15340.0, "trend": 17.32912, "fair_value": 16.652195, "relative_strength": -0.890079, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 34.466588, "energy": 45.469119, "activity_lines": [ 17.517263, 17.344254, 17.257697, 17.284605 ] }, { "date": "2023-12-15", "close": 17.33276, "volume": 5400, "typical_volume": 15530.0, "trend": 17.311181, "fair_value": 16.672321, "relative_strength": -3.191823, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.98927, "energy": 33.010691, "activity_lines": [ 17.471935, 17.369326, 17.261823, 17.28484 ] }, { "date": "2023-12-22", "close": 17.323185, "volume": 28400, "typical_volume": 16565.0, "trend": 17.306836, "fair_value": 16.692386, "relative_strength": -4.654912, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 16.699715, "energy": 19.123772, "activity_lines": [ 17.418308, 17.384125, 17.266051, 17.285615 ] }, { "date": "2023-12-29", "close": 17.410118, "volume": 4100, "typical_volume": 16415.0, "trend": 17.308233, "fair_value": 16.712626, "relative_strength": -4.321832, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 6.468236, "energy": 11.693059, "activity_lines": [ 17.401959, 17.406025, 17.279527, 17.292278 ] }, { "date": "2024-01-05", "close": 17.747152, "volume": 10100, "typical_volume": 16575.0, "trend": 17.323395, "fair_value": 16.735027, "relative_strength": -2.215642, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.164396, "energy": 27.357822, "activity_lines": [ 17.508118, 17.479962, 17.326246, 17.320595 ] }, { "date": "2024-01-12", "close": 17.939739, "volume": 15100, "typical_volume": 16530.0, "trend": 17.342763, "fair_value": 16.760891, "relative_strength": -1.341268, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.925256, "energy": 62.350474, "activity_lines": [ 17.659786, 17.571282, 17.389893, 17.360359 ] }, { "date": "2024-01-19", "close": 18.007147, "volume": 2500, "typical_volume": 15985.0, "trend": 17.368804, "fair_value": 16.786484, "relative_strength": -0.588672, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.821427, "energy": 79.744897, "activity_lines": [ 17.811971, 17.661733, 17.457539, 17.403223 ] }, { "date": "2024-01-26", "close": 18.161217, "volume": 4200, "typical_volume": 15970.0, "trend": 17.398854, "fair_value": 16.811832, "relative_strength": -0.799675, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.875534, "energy": 89.277204, "activity_lines": [ 17.970554, 17.766542, 17.537569, 17.454346 ] }, { "date": "2024-02-02", "close": 18.334549, "volume": 12800, "typical_volume": 16470.0, "trend": 17.427058, "fair_value": 16.838292, "relative_strength": 0.300876, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.215859, "energy": 94.516276, "activity_lines": [ 18.131046, 17.889892, 17.63045, 17.514714 ] }, { "date": "2024-02-09", "close": 18.170849, "volume": 4700, "typical_volume": 14630.0, "trend": 17.457429, "fair_value": 16.863702, "relative_strength": -0.27803, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.667215, "energy": 87.109638, "activity_lines": [ 18.175342, 17.969444, 17.703257, 17.5627 ] }, { "date": "2024-02-16", "close": 18.440474, "volume": 5500, "typical_volume": 11305.0, "trend": 17.488528, "fair_value": 16.890841, "relative_strength": 0.000837, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.885702, "energy": 91.891275, "activity_lines": [ 18.281266, 18.085217, 17.796633, 17.626123 ] }, { "date": "2024-02-23", "close": 18.748613, "volume": 5700, "typical_volume": 10300.0, "trend": 17.528628, "fair_value": 16.919955, "relative_strength": 0.914206, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.725872, "energy": 94.54551, "activity_lines": [ 18.456522, 18.241925, 17.911663, 17.707418 ] }, { "date": "2024-03-01", "close": 18.661951, "volume": 11700, "typical_volume": 10650.0, "trend": 17.566474, "fair_value": 16.948513, "relative_strength": -0.23394, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.180423, "energy": 87.374592, "activity_lines": [ 18.553458, 18.357134, 18.009463, 17.780536 ] }, { "date": "2024-03-08", "close": 18.729361, "volume": 6700, "typical_volume": 10405.0, "trend": 17.602437, "fair_value": 16.980026, "relative_strength": -0.699408, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.979184, "energy": 89.805323, "activity_lines": [ 18.639483, 18.460258, 18.105029, 17.855561 ] }, { "date": "2024-03-15", "close": 18.710098, "volume": 11700, "typical_volume": 10700.0, "trend": 17.64443, "fair_value": 17.010535, "relative_strength": -1.228005, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.363738, "energy": 88.614022, "activity_lines": [ 18.692766, 18.535893, 18.190057, 17.927023 ] }, { "date": "2024-03-22", "close": 18.912321, "volume": 5400, "typical_volume": 9095.0, "trend": 17.693798, "fair_value": 17.042047, "relative_strength": -0.697172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.001685, "energy": 92.263101, "activity_lines": [ 18.777506, 18.630787, 18.285141, 18.008823 ] }, { "date": "2024-03-29", "close": 19.192797, "volume": 6900, "typical_volume": 8555.0, "trend": 17.74934, "fair_value": 17.075345, "relative_strength": -0.027361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.308004, "energy": 94.010634, "activity_lines": [ 18.924282, 18.758995, 18.398868, 18.105532 ] }, { "date": "2024-04-05", "close": 18.893063, "volume": 6000, "typical_volume": 8310.0, "trend": 17.799337, "fair_value": 17.106351, "relative_strength": -1.937118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.116433, "energy": 79.891796, "activity_lines": [ 18.941535, 18.811147, 18.474827, 18.179321 ] }, { "date": "2024-04-12", "close": 18.573984, "volume": 8200, "typical_volume": 8420.0, "trend": 17.838699, "fair_value": 17.135311, "relative_strength": -1.96813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.632723, "energy": 64.827648, "activity_lines": [ 18.83702, 18.791979, 18.513515, 18.229298 ] }, { "date": "2024-04-19", "close": 18.515974, "volume": 1700, "typical_volume": 8370.0, "trend": 17.885975, "fair_value": 17.1639, "relative_strength": -1.803573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.150109, "energy": 52.981636, "activity_lines": [ 18.723527, 18.757911, 18.541861, 18.272993 ] }, { "date": "2024-04-26", "close": 18.748024, "volume": 9500, "typical_volume": 8315.0, "trend": 17.950068, "fair_value": 17.188794, "relative_strength": -1.228019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.920883, "energy": 36.982394, "activity_lines": [ 18.700326, 18.759758, 18.587312, 18.328609 ] }, { "date": "2024-05-03", "close": 18.767366, "volume": 5000, "typical_volume": 8295.0, "trend": 18.013529, "fair_value": 17.214282, "relative_strength": -0.984979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.987951, "energy": 30.775615, "activity_lines": [ 18.694525, 18.75953, 18.629188, 18.381338 ] }, { "date": "2024-05-10", "close": 19.299152, "volume": 2900, "typical_volume": 7020.0, "trend": 18.095355, "fair_value": 17.242709, "relative_strength": 0.224384, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 83.54801, "energy": 58.180129, "activity_lines": [ 18.894349, 18.85565, 18.714879, 18.464281 ] }, { "date": "2024-05-17", "close": 19.308821, "volume": 5800, "typical_volume": 7105.0, "trend": 18.175588, "fair_value": 17.273435, "relative_strength": -0.382574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.218531, "energy": 71.946388, "activity_lines": [ 19.070322, 18.941942, 18.792081, 18.54257 ] }, { "date": "2024-05-24", "close": 19.038095, "volume": 600, "typical_volume": 6630.0, "trend": 18.250946, "fair_value": 17.30066, "relative_strength": -1.092199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.752717, "energy": 75.056365, "activity_lines": [ 19.107065, 18.968476, 18.834458, 18.598215 ] }, { "date": "2024-05-31", "close": 18.680344, "volume": 6900, "typical_volume": 6220.0, "trend": 18.299696, "fair_value": 17.325591, "relative_strength": -2.663202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.60409, "energy": 52.887, "activity_lines": [ 18.989749, 18.924, 18.836617, 18.625918 ] }, { "date": "2024-06-07", "close": 19.067099, "volume": 2400, "typical_volume": 6215.0, "trend": 18.360061, "fair_value": 17.353001, "relative_strength": 0.541805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.134108, "energy": 45.760989, "activity_lines": [ 19.005863, 18.954062, 18.872082, 18.675428 ] }, { "date": "2024-06-14", "close": 18.970411, "volume": 5600, "typical_volume": 6285.0, "trend": 18.410819, "fair_value": 17.37773, "relative_strength": 1.715265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.4914, "energy": 31.054809, "activity_lines": [ 18.969766, 18.968829, 18.893292, 18.714806 ] }, { "date": "2024-06-21", "close": 19.067099, "volume": 600, "typical_volume": 5675.0, "trend": 18.460969, "fair_value": 17.403903, "relative_strength": 2.638804, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.303958, "energy": 28.390191, "activity_lines": [ 18.987815, 18.999769, 18.919857, 18.757146 ] }, { "date": "2024-06-28", "close": 18.950916, "volume": 4100, "typical_volume": 5645.0, "trend": 18.510438, "fair_value": 17.427943, "relative_strength": 0.494599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.470226, "energy": 29.73762, "activity_lines": [ 18.98325, 19.000619, 18.931869, 18.788756 ] }, { "date": "2024-07-05", "close": 18.766457, "volume": 2600, "typical_volume": 5500.0, "trend": 18.548971, "fair_value": 17.44808, "relative_strength": -1.241452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.534237, "energy": 19.251679, "activity_lines": [ 18.923011, 18.960024, 18.922598, 18.805273 ] }, { "date": "2024-07-12", "close": 19.271296, "volume": 11700, "typical_volume": 5800.0, "trend": 18.613589, "fair_value": 17.470566, "relative_strength": -1.329175, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.820116, "energy": 37.45114, "activity_lines": [ 19.025311, 19.010882, 18.959855, 18.851875 ] }, { "date": "2024-07-19", "close": 19.562548, "volume": 6300, "typical_volume": 5530.0, "trend": 18.688235, "fair_value": 17.493441, "relative_strength": 0.064895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.440109, "energy": 56.910807, "activity_lines": [ 19.211082, 19.105533, 19.022361, 18.913098 ] }, { "date": "2024-07-26", "close": 19.737301, "volume": 4900, "typical_volume": 5440.0, "trend": 18.765807, "fair_value": 17.51785, "relative_strength": 0.385806, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.330739, "energy": 81.354907, "activity_lines": [ 19.415628, 19.227168, 19.097222, 18.98078 ] }, { "date": "2024-08-02", "close": 20.310101, "volume": 2100, "typical_volume": 4960.0, "trend": 18.851239, "fair_value": 17.545281, "relative_strength": 5.91548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.332166, "energy": 94.982745, "activity_lines": [ 19.766427, 19.445158, 19.221836, 19.080411 ] }, { "date": "2024-08-09", "close": 20.125637, "volume": 12700, "typical_volume": 5325.0, "trend": 18.924102, "fair_value": 17.570701, "relative_strength": 4.473284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.576158, "energy": 92.375109, "activity_lines": [ 19.965126, 19.606481, 19.321263, 19.162631 ] }, { "date": "2024-08-16", "close": 20.426601, "volume": 8900, "typical_volume": 5425.0, "trend": 19.004751, "fair_value": 17.595567, "relative_strength": 2.604365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.196853, "energy": 95.101985, "activity_lines": [ 20.173534, 19.796247, 19.443575, 19.259566 ] }, { "date": "2024-08-23", "close": 20.465435, "volume": 7100, "typical_volume": 5480.0, "trend": 19.081558, "fair_value": 17.620209, "relative_strength": 1.777237, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.179451, "energy": 93.068473, "activity_lines": [ 20.317866, 19.968356, 19.56371, 19.353804 ] }, { "date": "2024-08-30", "close": 20.562523, "volume": 7000, "typical_volume": 5420.0, "trend": 19.155824, "fair_value": 17.646715, "relative_strength": 1.933941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.456564, "energy": 92.625344, "activity_lines": [ 20.434369, 20.130935, 19.685604, 19.44935 ] }, { "date": "2024-09-06", "close": 20.717855, "volume": 11500, "typical_volume": 5910.0, "trend": 19.240724, "fair_value": 17.674217, "relative_strength": 5.149582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.805401, "energy": 93.064999, "activity_lines": [ 20.547634, 20.294567, 19.812823, 19.550126 ] }, { "date": "2024-09-13", "close": 21.028524, "volume": 14700, "typical_volume": 6170.0, "trend": 19.326992, "fair_value": 17.703711, "relative_strength": 3.049357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.970633, "energy": 94.404607, "activity_lines": [ 20.737272, 20.482557, 19.959144, 19.665468 ] }, { "date": "2024-09-20", "close": 20.892607, "volume": 12200, "typical_volume": 6530.0, "trend": 19.398459, "fair_value": 17.732333, "relative_strength": 1.077347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.193992, "energy": 79.80609, "activity_lines": [ 20.821412, 20.604707, 20.081661, 19.766476 ] }, { "date": "2024-09-27", "close": 20.757166, "volume": 10800, "typical_volume": 6925.0, "trend": 19.468299, "fair_value": 17.764033, "relative_strength": 0.035273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.022023, "energy": 67.575418, "activity_lines": [ 20.829338, 20.672753, 20.181158, 19.854134 ] }, { "date": "2024-10-04", "close": 20.893597, "volume": 9700, "typical_volume": 7120.0, "trend": 19.54044, "fair_value": 17.796608, "relative_strength": -0.140173, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.091976, "energy": 67.664382, "activity_lines": [ 20.863292, 20.743885, 20.286706, 19.946089 ] }, { "date": "2024-10-11", "close": 21.030029, "volume": 5300, "typical_volume": 7355.0, "trend": 19.617771, "fair_value": 17.830888, "relative_strength": -0.741398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.977245, "energy": 68.645592, "activity_lines": [ 20.920651, 20.818798, 20.397701, 20.042191 ] }, { "date": "2024-10-18", "close": 21.595249, "volume": 4700, "typical_volume": 7245.0, "trend": 19.707202, "fair_value": 17.867367, "relative_strength": 0.515554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.272924, "energy": 75.101868, "activity_lines": [ 21.145606, 20.983389, 20.553042, 20.16977 ] }, { "date": "2024-10-25", "close": 21.439323, "volume": 5500, "typical_volume": 7400.0, "trend": 19.782087, "fair_value": 17.901719, "relative_strength": 1.296185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.493569, "energy": 71.325465, "activity_lines": [ 21.280804, 21.09291, 20.679651, 20.28152 ] }, { "date": "2024-11-01", "close": 21.156715, "volume": 9700, "typical_volume": 7605.0, "trend": 19.857542, "fair_value": 17.933251, "relative_strength": 0.811775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.578608, "energy": 72.419225, "activity_lines": [ 21.285351, 21.132634, 20.768049, 20.370206 ] }, { "date": "2024-11-08", "close": 21.507544, "volume": 14000, "typical_volume": 8275.0, "trend": 19.955327, "fair_value": 17.965844, "relative_strength": 0.417284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.186201, "energy": 70.429867, "activity_lines": [ 21.380205, 21.223577, 20.879449, 20.476658 ] }, { "date": "2024-11-15", "close": 21.536777, "volume": 25600, "typical_volume": 9350.0, "trend": 20.05602, "fair_value": 17.998329, "relative_strength": 0.022299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.280935, "energy": 68.254727, "activity_lines": [ 21.443873, 21.302653, 20.982011, 20.578687 ] }, { "date": "2024-11-22", "close": 21.887602, "volume": 10900, "typical_volume": 9765.0, "trend": 20.160673, "fair_value": 18.031697, "relative_strength": -0.530401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.389598, "energy": 71.74454, "activity_lines": [ 21.5907, 21.430625, 21.105672, 20.696853 ] }, { "date": "2024-11-29", "close": 22.404095, "volume": 28700, "typical_volume": 10615.0, "trend": 20.281897, "fair_value": 18.069385, "relative_strength": 0.964369, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.668254, "energy": 75.370577, "activity_lines": [ 21.890201, 21.636886, 21.26366, 20.84159 ] }, { "date": "2024-12-06", "close": 22.01429, "volume": 27600, "typical_volume": 11680.0, "trend": 20.372402, "fair_value": 18.101488, "relative_strength": -0.940936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.761003, "energy": 67.296656, "activity_lines": [ 21.995449, 21.744792, 21.369606, 20.953357 ] }, { "date": "2024-12-13", "close": 21.877859, "volume": 11600, "typical_volume": 12015.0, "trend": 20.458036, "fair_value": 18.128266, "relative_strength": 0.02394, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.44952, "energy": 66.713792, "activity_lines": [ 21.998048, 21.805035, 21.450883, 21.050484 ] }, { "date": "2024-12-20", "close": 21.624487, "volume": 34100, "typical_volume": 13615.0, "trend": 20.54425, "fair_value": 18.154488, "relative_strength": 1.466063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.434147, "energy": 60.515634, "activity_lines": [ 21.891502, 21.801315, 21.497836, 21.125739 ] }, { "date": "2024-12-27", "close": 21.819386, "volume": 3000, "typical_volume": 13130.0, "trend": 20.648884, "fair_value": 18.181215, "relative_strength": 1.456695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.369978, "energy": 49.211476, "activity_lines": [ 21.844075, 21.822222, 21.557092, 21.208005 ] }, { "date": "2025-01-03", "close": 21.718899, "volume": 32100, "typical_volume": 14290.0, "trend": 20.737278, "fair_value": 18.207893, "relative_strength": -0.167784, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.79245, "energy": 35.319342, "activity_lines": [ 21.767701, 21.820784, 21.598713, 21.277039 ] }, { "date": "2025-01-10", "close": 21.200386, "volume": 10200, "typical_volume": 14445.0, "trend": 20.81161, "fair_value": 18.23363, "relative_strength": -1.350819, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.353269, "energy": 20.880341, "activity_lines": [ 21.564168, 21.719988, 21.584798, 21.306917 ] }, { "date": "2025-01-17", "close": 21.826515, "volume": 21200, "typical_volume": 15155.0, "trend": 20.903591, "fair_value": 18.264988, "relative_strength": 0.325554, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.87769, "energy": 22.331407, "activity_lines": [ 21.623605, 21.732239, 21.627014, 21.372394 ] }, { "date": "2025-01-24", "close": 21.748247, "volume": 11600, "typical_volume": 15160.0, "trend": 20.996835, "fair_value": 18.295784, "relative_strength": -1.594022, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.504373, "energy": 18.743455, "activity_lines": [ 21.660376, 21.724461, 21.655757, 21.426888 ] }, { "date": "2025-01-31", "close": 22.296112, "volume": 18100, "typical_volume": 15330.0, "trend": 21.11449, "fair_value": 18.32908, "relative_strength": 0.62151, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.584154, "energy": 37.161939, "activity_lines": [ 21.871518, 21.812449, 21.731771, 21.510713 ] }, { "date": "2025-02-07", "close": 21.99283, "volume": 36500, "typical_volume": 16545.0, "trend": 21.205208, "fair_value": 18.362576, "relative_strength": -0.394255, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.852373, "energy": 39.5959, "activity_lines": [ 21.949784, 21.837868, 21.772865, 21.56738 ] }, { "date": "2025-02-14", "close": 21.943916, "volume": 13400, "typical_volume": 16675.0, "trend": 21.284587, "fair_value": 18.396949, "relative_strength": -0.758777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.454019, "energy": 38.390945, "activity_lines": [ 21.993483, 21.86187, 21.804061, 21.615038 ] }, { "date": "2025-02-21", "close": 22.462427, "volume": 2600, "typical_volume": 16320.0, "trend": 21.375424, "fair_value": 18.433872, "relative_strength": 2.904002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.120174, "energy": 61.745723, "activity_lines": [ 22.160451, 21.981427, 21.878988, 21.691028 ] }, { "date": "2025-02-28", "close": 23.108126, "volume": 16800, "typical_volume": 16895.0, "trend": 21.468692, "fair_value": 18.472135, "relative_strength": 4.732071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.385329, "energy": 79.933692, "activity_lines": [ 22.500257, 22.207755, 22.007939, 21.802815 ] }, { "date": "2025-03-07", "close": 23.088558, "volume": 20500, "typical_volume": 17685.0, "trend": 21.567456, "fair_value": 18.512953, "relative_strength": 7.157738, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.760667, "energy": 81.842728, "activity_lines": [ 22.742882, 22.403551, 22.125132, 21.907323 ] }, { "date": "2025-03-14", "close": 22.667877, "volume": 30000, "typical_volume": 18910.0, "trend": 21.642165, "fair_value": 18.550359, "relative_strength": 5.92883, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.980841, "energy": 72.306141, "activity_lines": [ 22.792451, 22.499783, 22.195148, 21.978318 ] }, { "date": "2025-03-21", "close": 22.692337, "volume": 11800, "typical_volume": 19015.0, "trend": 21.716395, "fair_value": 18.587505, "relative_strength": 4.168544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.554702, "energy": 68.253685, "activity_lines": [ 22.80517, 22.583208, 22.261644, 22.046071 ] }, { "date": "2025-03-28", "close": 22.936865, "volume": 14500, "typical_volume": 19040.0, "trend": 21.79554, "fair_value": 18.622661, "relative_strength": 6.039545, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.719253, "energy": 50.452227, "activity_lines": [ 22.849503, 22.683966, 22.344115, 22.124811 ] }, { "date": "2025-04-04", "close": 21.699688, "volume": 26300, "typical_volume": 19075.0, "trend": 21.828268, "fair_value": 18.646179, "relative_strength": 6.887402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.883888, "energy": 16.568801, "activity_lines": [ 22.449815, 22.539595, 22.301954, 22.118627 ] }, { "date": "2025-04-11", "close": 21.572041, "volume": 19400, "typical_volume": 19500.0, "trend": 21.846385, "fair_value": 18.669416, "relative_strength": 4.330158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.902428, "energy": 13.3876, "activity_lines": [ 22.101474, 22.372898, 22.246861, 22.102096 ] }, { "date": "2025-04-18", "close": 21.621138, "volume": 7800, "typical_volume": 18455.0, "trend": 21.870669, "fair_value": 18.692072, "relative_strength": 1.852909, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.955841, "energy": 21.50165, "activity_lines": [ 21.870599, 22.228293, 22.197945, 22.087564 ] }, { "date": "2025-04-25", "close": 21.356028, "volume": 12700, "typical_volume": 17710.0, "trend": 21.890631, "fair_value": 18.716556, "relative_strength": -1.527147, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.633625, "energy": 35.345637, "activity_lines": [ 21.621137, 22.042244, 22.12751, 22.054361 ] }, { "date": "2025-05-02", "close": 21.572041, "volume": 12500, "typical_volume": 17755.0, "trend": 21.913246, "fair_value": 18.743501, "relative_strength": -1.821072, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.406726, "energy": 39.715405, "activity_lines": [ 21.532767, 21.906159, 22.080782, 22.033807 ] }, { "date": "2025-05-09", "close": 21.591681, "volume": 7500, "typical_volume": 16425.0, "trend": 21.931968, "fair_value": 18.770214, "relative_strength": -2.966883, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.997573, "energy": 42.131563, "activity_lines": [ 21.541931, 21.789833, 22.037381, 22.013061 ] }, { "date": "2025-05-16", "close": 21.905886, "volume": 12200, "typical_volume": 16885.0, "trend": 21.942323, "fair_value": 18.802827, "relative_strength": -3.849131, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.965249, "energy": 20.124474, "activity_lines": [ 21.663031, 21.758208, 22.02406, 22.011378 ] }, { "date": "2025-05-23", "close": 21.346209, "volume": 12000, "typical_volume": 15880.0, "trend": 21.939219, "fair_value": 18.828204, "relative_strength": -5.915012, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -32.242234, "energy": 23.543758, "activity_lines": [ 21.575316, 21.646326, 21.957024, 21.972919 ] }, { "date": "2025-05-30", "close": 21.650593, "volume": 6600, "typical_volume": 15700.0, "trend": 21.955681, "fair_value": 18.857985, "relative_strength": -5.625037, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.795635, "energy": 26.584588, "activity_lines": [ 21.607391, 21.613818, 21.920753, 21.954298 ] }, { "date": "2025-06-06", "close": 21.395304, "volume": 7900, "typical_volume": 15035.0, "trend": 21.95194, "fair_value": 18.888102, "relative_strength": -7.518739, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.052815, "energy": 30.448486, "activity_lines": [ 21.534731, 21.553833, 21.858024, 21.918145 ] }, { "date": "2025-06-13", "close": 21.061462, "volume": 19800, "typical_volume": 15445.0, "trend": 21.936096, "fair_value": 18.920564, "relative_strength": -9.05652, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.379969, "energy": 54.950598, "activity_lines": [ 21.362574, 21.461179, 21.765554, 21.860694 ] }, { "date": "2025-06-20", "close": 21.07128, "volume": 5400, "typical_volume": 14810.0, "trend": 21.908885, "fair_value": 18.94705, "relative_strength": -8.811415, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.607073, "energy": 56.372422, "activity_lines": [ 21.229037, 21.381914, 21.67729, 21.8049 ] }, { "date": "2025-06-27", "close": 21.204678, "volume": 14800, "typical_volume": 13725.0, "trend": 21.868905, "fair_value": 18.974661, "relative_strength": -8.758849, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.961803, "energy": 57.054235, "activity_lines": [ 21.195606, 21.336008, 21.607563, 21.759467 ] }, { "date": "2025-07-04", "close": 21.224396, "volume": 4400, "typical_volume": 13275.0, "trend": 21.842575, "fair_value": 19.001137, "relative_strength": -9.752849, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.140708, "energy": 61.344294, "activity_lines": [ 21.178184, 21.301259, 21.543466, 21.717886 ] }, { "date": "2025-07-11", "close": 21.253969, "volume": 8900, "typical_volume": 13590.0, "trend": 21.821779, "fair_value": 19.027683, "relative_strength": -9.407672, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.110597, "energy": 53.36618, "activity_lines": [ 21.199032, 21.27428, 21.485613, 21.679911 ] }, { "date": "2025-07-18", "close": 21.391981, "volume": 15500, "typical_volume": 13525.0, "trend": 21.814029, "fair_value": 19.056795, "relative_strength": -9.631774, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.044263, "energy": 33.956614, "activity_lines": [ 21.275307, 21.278177, 21.446658, 21.652182 ] }, { "date": "2025-07-25", "close": 21.884884, "volume": 14500, "typical_volume": 13225.0, "trend": 21.816212, "fair_value": 19.086305, "relative_strength": -8.015048, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.730446, "energy": 14.356582, "activity_lines": [ 21.493848, 21.375324, 21.462818, 21.656754 ] }, { "date": "2025-08-01", "close": 21.618717, "volume": 7800, "typical_volume": 12115.0, "trend": 21.812872, "fair_value": 19.113868, "relative_strength": -7.305671, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.941246, "energy": 20.398989, "activity_lines": [ 21.569427, 21.424459, 21.459361, 21.644012 ] }, { "date": "2025-08-08", "close": 21.796162, "volume": 12900, "typical_volume": 12170.0, "trend": 21.832732, "fair_value": 19.141548, "relative_strength": -8.79305, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.701724, "energy": 16.941978, "activity_lines": [ 21.676551, 21.500902, 21.477799, 21.642934 ] }, { "date": "2025-08-15", "close": 22.091904, "volume": 10100, "typical_volume": 11950.0, "trend": 21.841578, "fair_value": 19.168241, "relative_strength": -7.847621, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.635858, "energy": 37.604463, "activity_lines": [ 21.844138, 21.628469, 21.528671, 21.659655 ] }, { "date": "2025-08-22", "close": 22.289064, "volume": 13500, "typical_volume": 11310.0, "trend": 21.859605, "fair_value": 19.199081, "relative_strength": -8.239003, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.730339, "energy": 60.772531, "activity_lines": [ 22.021583, 21.779218, 21.602344, 21.688525 ] }, { "date": "2025-08-29", "close": 21.815876, "volume": 29000, "typical_volume": 11790.0, "trend": 21.843597, "fair_value": 19.228508, "relative_strength": -10.680158, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.656113, "energy": 49.050918, "activity_lines": [ 21.981493, 21.821613, 21.628144, 21.685704 ] }, { "date": "2025-09-05", "close": 22.170767, "volume": 10100, "typical_volume": 11905.0, "trend": 21.849529, "fair_value": 19.258229, "relative_strength": -10.451502, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.350777, "energy": 55.564126, "activity_lines": [ 22.0643, 21.914996, 21.686583, 21.706811 ] }, { "date": "2025-09-12", "close": 22.082045, "volume": 20000, "typical_volume": 12270.0, "trend": 21.854133, "fair_value": 19.289123, "relative_strength": -11.243432, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.645814, "energy": 42.818889, "activity_lines": [ 22.08073, 21.974682, 21.733954, 21.721812 ] }, { "date": "2025-09-19", "close": 21.796162, "volume": 19700, "typical_volume": 12630.0, "trend": 21.831924, "fair_value": 19.318124, "relative_strength": -13.538476, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.6868, "energy": 23.388837, "activity_lines": [ 21.982807, 21.966795, 21.750642, 21.718072 ] }, { "date": "2025-09-26", "close": 22.111618, "volume": 17300, "typical_volume": 13120.0, "trend": 21.798707, "fair_value": 19.352787, "relative_strength": -12.019496, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.637017, "energy": 28.3902, "activity_lines": [ 22.009752, 22.006407, 21.796305, 21.736117 ] }, { "date": "2025-10-03", "close": 22.443119, "volume": 37000, "typical_volume": 14360.0, "trend": 21.777192, "fair_value": 19.391866, "relative_strength": -12.527023, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.199471, "energy": 45.611489, "activity_lines": [ 22.159027, 22.093206, 21.871064, 21.777692 ] }, { "date": "2025-10-10", "close": 22.304585, "volume": 30000, "typical_volume": 15260.0, "trend": 21.765083, "fair_value": 19.428008, "relative_strength": -11.031102, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.955236, "energy": 47.718862, "activity_lines": [ 22.220308, 22.144669, 21.930072, 21.811717 ] }, { "date": "2025-10-17", "close": 22.443119, "volume": 21000, "typical_volume": 15980.0, "trend": 21.756775, "fair_value": 19.464555, "relative_strength": -10.990526, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.814457, "energy": 69.600323, "activity_lines": [ 22.318846, 22.208848, 21.997709, 21.855462 ] }, { "date": "2025-10-24", "close": 22.324371, "volume": 8000, "typical_volume": 15985.0, "trend": 21.736359, "fair_value": 19.494312, "relative_strength": -11.889913, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.791946, "energy": 68.708945, "activity_lines": [ 22.353729, 22.239675, 22.050263, 21.892081 ] }, { "date": "2025-10-31", "close": 22.096775, "volume": 9200, "typical_volume": 15455.0, "trend": 21.749595, "fair_value": 19.526348, "relative_strength": -12.234693, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.10105, "energy": 40.549987, "activity_lines": [ 22.277534, 22.224893, 22.076717, 21.915333 ] }, { "date": "2025-11-07", "close": 22.225416, "volume": 20700, "typical_volume": 16220.0, "trend": 21.771374, "fair_value": 19.557279, "relative_strength": -10.435166, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.80473, "energy": 33.936614, "activity_lines": [ 22.245208, 22.236997, 22.110492, 21.946032 ] }, { "date": "2025-11-14", "close": 22.715248, "volume": 22300, "typical_volume": 16595.0, "trend": 21.807845, "fair_value": 19.589964, "relative_strength": -9.46784, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.699009, "energy": 43.220579, "activity_lines": [ 22.390673, 22.330716, 22.185422, 22.006927 ] }, { "date": "2025-11-21", "close": 23.007168, "volume": 15600, "typical_volume": 17155.0, "trend": 21.862883, "fair_value": 19.621264, "relative_strength": -7.591112, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.488644, "energy": 54.975248, "activity_lines": [ 22.606067, 22.467611, 22.280961, 22.084302 ] }, { "date": "2025-11-28", "close": 23.135809, "volume": 5100, "typical_volume": 16965.0, "trend": 21.915008, "fair_value": 19.652364, "relative_strength": -10.408609, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.162044, "energy": 84.762955, "activity_lines": [ 22.826738, 22.611074, 22.380262, 22.166427 ] }, { "date": "2025-12-05", "close": 22.423328, "volume": 13000, "typical_volume": 16840.0, "trend": 21.94273, "fair_value": 19.678173, "relative_strength": -12.682458, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.42018, "energy": 71.31242, "activity_lines": [ 22.755819, 22.600639, 22.402747, 22.199221 ] }, { "date": "2025-12-12", "close": 22.383747, "volume": 12500, "typical_volume": 16740.0, "trend": 21.958659, "fair_value": 19.704693, "relative_strength": -13.11669, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.118474, "energy": 51.112108, "activity_lines": [ 22.649937, 22.57734, 22.416551, 22.227674 ] }, { "date": "2025-12-19", "close": 22.393641, "volume": 23700, "typical_volume": 17535.0, "trend": 21.993573, "fair_value": 19.731336, "relative_strength": -13.348885, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.721435, "energy": 28.727388, "activity_lines": [ 22.536798, 22.556919, 22.428921, 22.255738 ] }, { "date": "2025-12-26", "close": 22.403538, "volume": 18200, "typical_volume": 17800.0, "trend": 22.018671, "fair_value": 19.759526, "relative_strength": -13.604474, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.088297, "energy": 23.565422, "activity_lines": [ 22.448397, 22.536678, 22.438544, 22.282187 ] }, { "date": "2026-01-02", "close": 22.232279, "volume": 11500, "typical_volume": 17870.0, "trend": 22.04657, "fair_value": 19.785166, "relative_strength": -13.605598, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.293254, "energy": 20.540441, "activity_lines": [ 22.343153, 22.486019, 22.428965, 22.295968 ] }, { "date": "2026-01-09", "close": 22.720352, "volume": 29200, "typical_volume": 18655.0, "trend": 22.101867, "fair_value": 19.815629, "relative_strength": -13.355014, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.820464, "energy": 20.401206, "activity_lines": [ 22.460835, 22.525774, 22.4652, 22.339438 ] }, { "date": "2026-01-16", "close": 22.939489, "volume": 26400, "typical_volume": 18525.0, "trend": 22.16414, "fair_value": 19.850341, "relative_strength": -13.28586, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.301523, "energy": 33.90853, "activity_lines": [ 22.63176, 22.594036, 22.520251, 22.393478 ] }, { "date": "2026-01-23", "close": 22.600826, "volume": 23800, "typical_volume": 19210.0, "trend": 22.210678, "fair_value": 19.882459, "relative_strength": -14.481746, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.36149, "energy": 30.292016, "activity_lines": [ 22.652749, 22.587739, 22.537699, 22.421651 ] }, { "date": "2026-01-30", "close": 22.839882, "volume": 23000, "typical_volume": 19360.0, "trend": 22.264528, "fair_value": 19.915383, "relative_strength": -9.927632, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.166414, "energy": 46.815627, "activity_lines": [ 22.739611, 22.626987, 22.575865, 22.462245 ] }, { "date": "2026-02-06", "close": 23.467405, "volume": 27200, "typical_volume": 19735.0, "trend": 22.338309, "fair_value": 19.953964, "relative_strength": -8.700186, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.651297, "energy": 72.727811, "activity_lines": [ 23.006557, 22.783371, 22.670188, 22.53985 ] }, { "date": "2026-02-13", "close": 23.447485, "volume": 42100, "typical_volume": 20975.0, "trend": 22.406826, "fair_value": 19.991933, "relative_strength": -10.107715, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.169355, "energy": 78.153937, "activity_lines": [ 23.184522, 22.930105, 22.754654, 22.61141 ] }, { "date": "2026-02-20", "close": 23.567013, "volume": 25600, "typical_volume": 20405.0, "trend": 22.462897, "fair_value": 20.030062, "relative_strength": -11.211575, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.428829, "energy": 84.363936, "activity_lines": [ 23.353854, 23.07995, 22.844143, 22.686261 ] }, { "date": "2026-02-27", "close": 24.005283, "volume": 27700, "typical_volume": 20290.0, "trend": 22.542449, "fair_value": 20.071667, "relative_strength": -10.47375, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.397208, "energy": 91.914317, "activity_lines": [ 23.627441, 23.287967, 22.97002, 22.785769 ] }, { "date": "2026-03-06", "close": 23.367798, "volume": 41300, "typical_volume": 21305.0, "trend": 22.594837, "fair_value": 20.110699, "relative_strength": -9.035075, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.149569, "energy": 79.173561, "activity_lines": [ 23.594902, 23.350775, 23.027086, 22.839018 ] }, { "date": "2026-03-13", "close": 23.278152, "volume": 29500, "typical_volume": 22380.0, "trend": 22.634379, "fair_value": 20.148914, "relative_strength": -7.3986, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.573806, "energy": 53.000816, "activity_lines": [ 23.497287, 23.379751, 23.07121, 22.883102 ] }, { "date": "2026-03-20", "close": 22.600826, "volume": 8000, "typical_volume": 22320.0, "trend": 22.644771, "fair_value": 20.18194, "relative_strength": -6.140355, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.087781, "energy": 23.394174, "activity_lines": [ 23.186514, 23.266562, 23.046286, 22.880938 ] }, { "date": "2026-03-27", "close": 22.809999, "volume": 24300, "typical_volume": 22500.0, "trend": 22.677908, "fair_value": 20.214938, "relative_strength": -6.681884, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.834188, "energy": 21.730679, "activity_lines": [ 23.001909, 23.193577, 23.038883, 22.891598 ] }, { "date": "2026-04-03", "close": 23.120001, "volume": 13900, "typical_volume": 22080.0, "trend": 22.709549, "fair_value": 20.248404, "relative_strength": -8.143863, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.033145, "energy": 22.733772, "activity_lines": [ 22.971105, 23.17931, 23.05822, 22.92012 ] }, { "date": "2026-04-10", "close": 23.059999, "volume": 40900, "typical_volume": 23345.0, "trend": 22.742148, "fair_value": 20.283065, "relative_strength": -9.452687, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.418022, "energy": 21.795602, "activity_lines": [ 22.97932, 23.144695, 23.069915, 22.942729 ] }, { "date": "2026-04-17", "close": 22.950001, "volume": 54700, "typical_volume": 25825.0, "trend": 22.780609, "fair_value": 20.314164, "relative_strength": -11.081138, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.969854, "energy": 14.626113, "activity_lines": [ 22.971389, 23.086078, 23.070882, 22.956139 ] }, { "date": "2026-04-24", "close": 22.59, "volume": 16000, "typical_volume": 25975.0, "trend": 22.796555, "fair_value": 20.341435, "relative_strength": -10.88294, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.491273, "energy": 9.964995, "activity_lines": [ 22.865333, 22.971413, 23.038449, 22.943842 ] }, { "date": "2026-05-01", "close": 22.69342, "volume": 15900, "typical_volume": 26145.0, "trend": 22.804898, "fair_value": 20.371741, "relative_strength": -9.995921, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.147737, "energy": 18.551367, "activity_lines": [ 22.794473, 22.891143, 23.015071, 22.937188 ] }, { "date": "2026-05-08", "close": 22.524067, "volume": 7600, "typical_volume": 25340.0, "trend": 22.812215, "fair_value": 20.399744, "relative_strength": -10.717044, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.212515, "energy": 37.962259, "activity_lines": [ 22.674934, 22.795964, 22.97409, 22.91907 ] }, { "date": "2026-05-15", "close": 22.793039, "volume": 9600, "typical_volume": 24910.0, "trend": 22.823879, "fair_value": 20.431296, "relative_strength": -8.595128, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.653057, "energy": 36.403381, "activity_lines": [ 22.684782, 22.776621, 22.958104, 22.917833 ] }, { "date": "2026-05-22", "close": 23.350912, "volume": 24100, "typical_volume": 25540.0, "trend": 22.858097, "fair_value": 20.4691, "relative_strength": -7.736195, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 35.416312, "energy": 16.513924, "activity_lines": [ 22.898384, 22.86916, 22.993394, 22.951835 ] }, { "date": "2026-05-29", "close": 22.902622, "volume": 10000, "typical_volume": 24580.0, "trend": 22.884958, "fair_value": 20.504577, "relative_strength": -9.884717, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.990323, "energy": 5.214646, "activity_lines": [ 22.935829, 22.878868, 22.980663, 22.954708 ] }, { "date": "2026-06-05", "close": 23.071976, "volume": 34800, "typical_volume": 25000.0, "trend": 22.913177, "fair_value": 20.541626, "relative_strength": -7.9434, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 33.741984, "energy": 21.837237, "activity_lines": [ 23.008883, 22.913881, 22.983193, 22.966773 ] }, { "date": "2026-06-12", "close": 23.34095, "volume": 4300, "typical_volume": 24025.0, "trend": 22.934034, "fair_value": 20.579974, "relative_strength": -7.960415, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.471839, "energy": 32.448891, "activity_lines": [ 23.146359, 22.993034, 23.010709, 22.994372 ] }, { "date": "2026-06-19", "close": 22.912584, "volume": 0, "typical_volume": 22875.0, "trend": 22.930881, "fair_value": 20.616427, "relative_strength": -9.393628, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 30.122095, "energy": 18.872327, "activity_lines": [ 23.086587, 22.990286, 22.993903, 22.992988 ] }, { "date": "2026-06-26", "close": 23.59, "volume": 5800, "typical_volume": 21805.0, "trend": 22.94602, "fair_value": 20.657006, "relative_strength": -6.445825, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.792895, "energy": 49.750864, "activity_lines": [ 23.244651, 23.113385, 23.041267, 23.035511 ] }, { "date": "2026-07-03", "close": 24.040001, "volume": 0, "typical_volume": 19700.0, "trend": 22.99991, "fair_value": 20.699003, "relative_strength": -5.124586, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.877807, "energy": 72.114524, "activity_lines": [ 23.536776, 23.306666, 23.130905, 23.106091 ] }, { "date": "2026-07-10", "close": 23.74, "volume": 10600, "typical_volume": 18950.0, "trend": 23.045118, "fair_value": 20.740543, "relative_strength": -6.176136, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.62743, "energy": 67.247868, "activity_lines": [ 23.653075, 23.419037, 23.18915, 23.153839 ] }, { "date": "2026-07-17", "close": 23.690001, "volume": 29500, "typical_volume": 19040.0, "trend": 23.08833, "fair_value": 20.780175, "relative_strength": -5.982791, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.717596, "energy": 67.547405, "activity_lines": [ 23.708173, 23.503289, 23.241809, 23.195444 ] }, { "date": "2026-07-24", "close": 23.959999, "volume": 19200, "typical_volume": 17935.0, "trend": 23.140212, "fair_value": 20.821292, "relative_strength": -4.890649, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.910887, "energy": 70.945202, "activity_lines": [ 23.83, 23.615433, 23.321683, 23.251681 ] }, { "date": "2026-07-31", "close": 24.030001, "volume": 16400, "typical_volume": 17280.0, "trend": 23.200136, "fair_value": 20.862981, "relative_strength": -3.919641, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.377978, "energy": 56.834196, "activity_lines": [ 23.905334, 23.719087, 23.405404, 23.309086 ] }, { "date": "2026-08-07", "close": 23.91, "volume": 5200, "typical_volume": 17140.0, "trend": 23.239791, "fair_value": 20.903106, "relative_strength": -7.112728, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.328748, "energy": 44.760447, "activity_lines": [ 23.911334, 23.788575, 23.474117, 23.354884 ] } ], "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." } } }