{ "ticker": { "uuid": "1af36ab9-7c0d-40a1-8d83-a98ca7343645", "symbol": "ESGD", "name": "ISHARES ESG AWARE MSCI EAFE ETF", "exchange": "NASDAQ", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "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": 81.919, "architecture_energy": 70.866, "architecture_maturity": 36.235, "architecture_confidence": 79.515, "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": 12.55, "rotation_up": 66.7, "upward_expansion": 87.42, "deceleration": 47.35, "rotation_down": 16.82, "downward_expansion": 14.09 }, "activity_lines": [ 104.873333, 103.86616, 102.463035, 101.152982 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 107.68, "trend_reference": 99.89395, "distance_from_trend": 0.077943, "trend_direction": "Improving", "fair_value": 81.256978, "distance_from_fair_value": 0.325179, "fair_value_direction": "Improving", "relative_strength": -1.885736, "relative_strength_direction": "Improving", "price_momentum": 0.076206, "excess_performance": -0.111247, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.077943, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036445, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.325179, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.033902, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.018857, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.064871, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.076206, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.18234, "read": "Demand-led" } ], "volume": { "latest": 974180, "relative_activity": 0.692943, "balance": 2.18234, "dry_up": 0.89414, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.025419, "annualized_volatility": 0.177587, "from_high_reference": -0.001761, "from_low_reference": 0.246607 }, "levels": { "trend_reference": 99.89395, "fair_value_reference": 81.256978, "structural_low": 90.31939, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.010576, "positive_rate": 0.583333, "directional_follow_through": 0.583333, "median_excess_return": -0.008469, "regime_survival": 0.75, "best_return": 0.058916, "worst_return": -0.077005, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.033229, "positive_rate": 0.769231, "directional_follow_through": 0.769231, "median_excess_return": -0.051435, "regime_survival": 0.538462, "best_return": 0.100381, "worst_return": -0.077151, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.055189, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.10334, "regime_survival": 0.285714, "best_return": 0.140669, "worst_return": -0.0368, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.078781, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.127986, "regime_survival": 0.0, "best_return": 0.161414, "worst_return": -0.155141, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-02", "tenure": "New", "return": -0.032602, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-30", "tenure": "New", "return": 0.074098, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-01", "tenure": "Developing", "return": -0.00698, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2024-11-15", "tenure": "New", "return": -0.022936, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-20", "tenure": "Developing", "return": -0.018004, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-01-31", "tenure": "Developing", "return": 0.038256, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-14", "tenure": "New", "return": 0.026841, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-03-21", "tenure": "Developing", "return": 0.026138, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.054436, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.058585, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2026-03-13", "tenure": "Extended", "return": 0.14856, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.088614, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.084744, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 63.65144, "volume": 1256979, "typical_volume": 1758921.15, "trend": 64.707054, "fair_value": 62.599095, "relative_strength": -10.133454, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.234263, "energy": 9.517118, "activity_lines": [ 65.442034, 65.929553, 65.857175, 65.388853 ] }, { "date": "2023-08-25", "close": 64.032804, "volume": 933054, "typical_volume": 1733054.6, "trend": 64.710704, "fair_value": 62.657772, "relative_strength": -10.994058, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.778556, "energy": 17.964865, "activity_lines": [ 64.753763, 65.557929, 65.695099, 65.345353 ] }, { "date": "2023-09-01", "close": 65.258617, "volume": 1196396, "typical_volume": 1707617.4, "trend": 64.761154, "fair_value": 62.72976, "relative_strength": -12.454034, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.753674, "energy": 21.765969, "activity_lines": [ 64.70231, 65.462506, 65.651453, 65.380703 ] }, { "date": "2023-09-08", "close": 64.332447, "volume": 1033736, "typical_volume": 1652649.2, "trend": 64.802113, "fair_value": 62.794387, "relative_strength": -12.451235, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.462405, "energy": 25.063336, "activity_lines": [ 64.520708, 65.189443, 65.52092, 65.353044 ] }, { "date": "2023-09-15", "close": 65.195056, "volume": 806839, "typical_volume": 1607882.75, "trend": 64.85876, "fair_value": 62.86304, "relative_strength": -10.754095, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.730952, "energy": 22.241838, "activity_lines": [ 64.719864, 65.107557, 65.479628, 65.378395 ] }, { "date": "2023-09-22", "close": 63.805802, "volume": 1173845, "typical_volume": 1554904.95, "trend": 64.927898, "fair_value": 62.934069, "relative_strength": -9.583265, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.910318, "energy": 21.838686, "activity_lines": [ 64.490441, 64.76565, 65.308625, 65.310463 ] }, { "date": "2023-09-29", "close": 62.770672, "volume": 1639117, "typical_volume": 1573511.65, "trend": 64.906701, "fair_value": 62.993789, "relative_strength": -11.032494, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -42.644141, "energy": 40.383263, "activity_lines": [ 63.905683, 64.303721, 65.049822, 65.171287 ] }, { "date": "2023-10-06", "close": 62.443788, "volume": 1616640, "typical_volume": 1594845.05, "trend": 64.940833, "fair_value": 63.042011, "relative_strength": -12.902951, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.742658, "energy": 52.433308, "activity_lines": [ 63.296106, 63.867547, 64.772461, 65.012389 ] }, { "date": "2023-10-13", "close": 62.343907, "volume": 1515423, "typical_volume": 1597235.3, "trend": 65.015587, "fair_value": 63.094805, "relative_strength": -12.996926, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.23556, "energy": 72.384791, "activity_lines": [ 62.840891, 63.513093, 64.502178, 64.844845 ] }, { "date": "2023-10-20", "close": 60.58237, "volume": 3189426, "typical_volume": 1685813.15, "trend": 64.98203, "fair_value": 63.135124, "relative_strength": -12.76014, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.204606, "energy": 81.173201, "activity_lines": [ 61.931066, 62.899939, 64.074875, 64.558831 ] }, { "date": "2023-10-27", "close": 59.837802, "volume": 3259709, "typical_volume": 1661770.3, "trend": 64.843173, "fair_value": 63.190173, "relative_strength": -11.364748, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.59058, "energy": 85.394606, "activity_lines": [ 61.080564, 62.244687, 63.598171, 64.226946 ] }, { "date": "2023-11-03", "close": 63.242836, "volume": 2317751, "typical_volume": 1689011.75, "trend": 64.805048, "fair_value": 63.240455, "relative_strength": -11.73982, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.432624, "energy": 66.143623, "activity_lines": [ 61.629607, 62.27787, 63.471914, 64.123698 ] }, { "date": "2023-11-10", "close": 62.861473, "volume": 1323088, "typical_volume": 1674623.95, "trend": 64.715902, "fair_value": 63.271316, "relative_strength": -14.43168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.759609, "energy": 45.684531, "activity_lines": [ 62.020051, 62.256078, 63.327065, 63.998306 ] }, { "date": "2023-11-17", "close": 65.313097, "volume": 1705381, "typical_volume": 1677218.25, "trend": 64.698973, "fair_value": 63.312466, "relative_strength": -12.546022, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.375633, "energy": 14.206131, "activity_lines": [ 63.199857, 62.72362, 63.424698, 64.036835 ] }, { "date": "2023-11-24", "close": 65.994104, "volume": 942377, "typical_volume": 1642693.75, "trend": 64.707417, "fair_value": 63.350406, "relative_strength": -12.084421, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.208961, "energy": 21.333964, "activity_lines": [ 64.40872, 63.297152, 63.591512, 64.120392 ] }, { "date": "2023-12-01", "close": 66.666031, "volume": 1542471, "typical_volume": 1674006.9, "trend": 64.727271, "fair_value": 63.388947, "relative_strength": -10.965957, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 33.670854, "energy": 39.689716, "activity_lines": [ 65.480776, 63.978324, 63.816568, 64.246754 ] }, { "date": "2023-12-08", "close": 66.511669, "volume": 1290748, "typical_volume": 1539408.45, "trend": 64.763955, "fair_value": 63.428861, "relative_strength": -11.298061, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.573224, "energy": 45.055396, "activity_lines": [ 66.046163, 64.579426, 64.031161, 64.361876 ] }, { "date": "2023-12-15", "close": 67.61036, "volume": 1709205, "typical_volume": 1556823.0, "trend": 64.820038, "fair_value": 63.46804, "relative_strength": -12.341675, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.248069, "energy": 64.203946, "activity_lines": [ 66.759858, 65.312272, 64.354888, 64.545515 ] }, { "date": "2023-12-22", "close": 68.895147, "volume": 1651851, "typical_volume": 1572109.2, "trend": 64.963196, "fair_value": 63.517244, "relative_strength": -11.043129, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.214118, "energy": 71.533401, "activity_lines": [ 67.585223, 66.184777, 64.802532, 64.808426 ] }, { "date": "2023-12-29", "close": 69.44675, "volume": 1288879, "typical_volume": 1569645.75, "trend": 65.108111, "fair_value": 63.566677, "relative_strength": -10.154907, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.178207, "energy": 77.566225, "activity_lines": [ 68.355652, 67.038461, 65.287641, 65.097687 ] }, { "date": "2024-01-05", "close": 68.361931, "volume": 1151650, "typical_volume": 1564379.3, "trend": 65.209133, "fair_value": 63.594311, "relative_strength": -8.191982, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.792295, "energy": 80.766932, "activity_lines": [ 68.534299, 67.533735, 65.651653, 65.307611 ] }, { "date": "2024-01-12", "close": 69.235302, "volume": 1194941, "typical_volume": 1577473.65, "trend": 65.284787, "fair_value": 63.63475, "relative_strength": -9.399624, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.811242, "energy": 82.811599, "activity_lines": [ 68.891009, 68.032819, 66.076412, 65.567364 ] }, { "date": "2024-01-19", "close": 68.242418, "volume": 1131272, "typical_volume": 1574217.45, "trend": 65.401197, "fair_value": 63.664923, "relative_strength": -12.587615, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.185295, "energy": 68.318722, "activity_lines": [ 68.735183, 68.242425, 66.381837, 65.758179 ] }, { "date": "2024-01-26", "close": 69.327236, "volume": 1344643, "typical_volume": 1589762.8, "trend": 65.504735, "fair_value": 63.717383, "relative_strength": -11.254933, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.919814, "energy": 56.402511, "activity_lines": [ 68.898825, 68.551435, 66.776369, 66.011472 ] }, { "date": "2024-02-02", "close": 69.198529, "volume": 2306865, "typical_volume": 1664764.1, "trend": 65.651804, "fair_value": 63.756449, "relative_strength": -12.04987, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.404104, "energy": 56.844233, "activity_lines": [ 68.990759, 68.764059, 67.134859, 66.249781 ] }, { "date": "2024-02-09", "close": 69.244495, "volume": 1338687, "typical_volume": 1673006.2, "trend": 65.708091, "fair_value": 63.787248, "relative_strength": -13.12242, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.202904, "energy": 53.952924, "activity_lines": [ 69.114562, 68.926779, 67.478662, 66.481568 ] }, { "date": "2024-02-16", "close": 69.952385, "volume": 1802712, "typical_volume": 1681185.95, "trend": 65.791304, "fair_value": 63.822693, "relative_strength": -10.442847, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.556018, "energy": 64.00363, "activity_lines": [ 69.415492, 69.171324, 67.863985, 66.755393 ] }, { "date": "2024-02-23", "close": 71.156717, "volume": 1256815, "typical_volume": 1663194.7, "trend": 65.89862, "fair_value": 63.877778, "relative_strength": -9.717044, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.718951, "energy": 78.283307, "activity_lines": [ 70.07006, 69.572281, 68.329807, 67.101549 ] }, { "date": "2024-03-01", "close": 71.68074, "volume": 1884098, "typical_volume": 1681628.45, "trend": 66.096952, "fair_value": 63.932755, "relative_strength": -10.355828, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.799703, "energy": 79.561258, "activity_lines": [ 70.705016, 70.004035, 68.804046, 67.474589 ] }, { "date": "2024-03-08", "close": 72.875878, "volume": 1689612, "typical_volume": 1606637.75, "trend": 66.335727, "fair_value": 63.986724, "relative_strength": -7.011507, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.345247, "energy": 87.385194, "activity_lines": [ 71.581451, 70.60244, 69.347647, 67.911939 ] }, { "date": "2024-03-15", "close": 72.572497, "volume": 1503864, "typical_volume": 1518845.5, "trend": 66.633095, "fair_value": 64.037936, "relative_strength": -5.99702, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.910546, "energy": 86.696522, "activity_lines": [ 72.111602, 71.083337, 69.803814, 68.314311 ] }, { "date": "2024-03-22", "close": 73.31716, "volume": 1192539, "typical_volume": 1462584.9, "trend": 66.942574, "fair_value": 64.092566, "relative_strength": -7.45275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.949738, "energy": 87.324932, "activity_lines": [ 72.668108, 71.623072, 70.27026, 68.745541 ] }, { "date": "2024-03-29", "close": 73.464254, "volume": 2062315, "typical_volume": 1499546.25, "trend": 67.216095, "fair_value": 64.147273, "relative_strength": -6.414081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.588391, "energy": 85.172612, "activity_lines": [ 73.049326, 72.115335, 70.702741, 69.166295 ] }, { "date": "2024-04-05", "close": 72.737978, "volume": 1865009, "typical_volume": 1507527.65, "trend": 67.496279, "fair_value": 64.19093, "relative_strength": -6.200197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.838551, "energy": 71.004152, "activity_lines": [ 73.034617, 72.380606, 71.015565, 69.522545 ] }, { "date": "2024-04-12", "close": 71.092364, "volume": 1692751, "typical_volume": 1545046.35, "trend": 67.692856, "fair_value": 64.217266, "relative_strength": -7.408206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.42756, "energy": 54.078006, "activity_lines": [ 72.400887, 72.284661, 71.136306, 69.754551 ] }, { "date": "2024-04-19", "close": 70.117866, "volume": 1230347, "typical_volume": 1529440.15, "trend": 67.903259, "fair_value": 64.238006, "relative_strength": -3.047746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.940362, "energy": 33.862089, "activity_lines": [ 71.561226, 71.977101, 71.139961, 69.911003 ] }, { "date": "2024-04-26", "close": 71.745093, "volume": 2064415, "typical_volume": 1568123.5, "trend": 68.202406, "fair_value": 64.274811, "relative_strength": -4.15197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.524448, "energy": 24.736599, "activity_lines": [ 71.427615, 71.94952, 71.282152, 70.158863 ] }, { "date": "2024-05-03", "close": 72.728784, "volume": 2002303, "typical_volume": 1582778.4, "trend": 68.545239, "fair_value": 64.30481, "relative_strength": -3.420526, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.657347, "energy": 26.572273, "activity_lines": [ 71.726706, 72.068199, 71.493107, 70.450888 ] }, { "date": "2024-05-10", "close": 74.089404, "volume": 950467, "typical_volume": 1547709.2, "trend": 68.936756, "fair_value": 64.347812, "relative_strength": -2.699578, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.104034, "energy": 43.024907, "activity_lines": [ 72.528369, 72.405679, 71.809272, 70.808576 ] }, { "date": "2024-05-17", "close": 75.238575, "volume": 735084, "typical_volume": 1520019.45, "trend": 69.425296, "fair_value": 64.396066, "relative_strength": -2.979704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.274035, "energy": 67.210407, "activity_lines": [ 73.622993, 72.908306, 72.210147, 71.215145 ] }, { "date": "2024-05-24", "close": 74.769713, "volume": 1074041, "typical_volume": 1516139.0, "trend": 69.923026, "fair_value": 64.435952, "relative_strength": -4.637696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.143447, "energy": 77.586041, "activity_lines": [ 74.284916, 73.282727, 72.538788, 71.559946 ] }, { "date": "2024-05-31", "close": 74.81568, "volume": 917085, "typical_volume": 1502246.2, "trend": 70.308788, "fair_value": 64.471689, "relative_strength": -2.841239, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.39258, "energy": 80.198561, "activity_lines": [ 74.652038, 73.625556, 72.841294, 71.875601 ] }, { "date": "2024-06-07", "close": 74.81568, "volume": 1100615, "typical_volume": 1500713.35, "trend": 70.707261, "fair_value": 64.505345, "relative_strength": -5.156752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.14463, "energy": 79.423825, "activity_lines": [ 74.814454, 73.941139, 73.117226, 72.166368 ] }, { "date": "2024-06-14", "close": 73.104983, "volume": 1618758, "typical_volume": 1514419.1, "trend": 70.966991, "fair_value": 64.541759, "relative_strength": -10.15334, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.995454, "energy": 47.151356, "activity_lines": [ 74.267512, 73.921116, 73.198934, 72.32106 ] }, { "date": "2024-06-21", "close": 73.254788, "volume": 1378243, "typical_volume": 1467988.0, "trend": 71.209014, "fair_value": 64.571283, "relative_strength": -9.879387, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.673559, "energy": 32.241617, "activity_lines": [ 73.836132, 73.921656, 73.27692, 72.46866 ] }, { "date": "2024-06-28", "close": 73.760381, "volume": 1590597, "typical_volume": 1480583.5, "trend": 71.445492, "fair_value": 64.607232, "relative_strength": -8.926461, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.667255, "energy": 24.756128, "activity_lines": [ 73.705536, 73.974806, 73.383741, 72.633264 ] }, { "date": "2024-07-05", "close": 75.314611, "volume": 1371125, "typical_volume": 1459004.15, "trend": 71.738923, "fair_value": 64.652211, "relative_strength": -9.93331, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.911552, "energy": 30.635841, "activity_lines": [ 74.160306, 74.244316, 73.617081, 72.882884 ] }, { "date": "2024-07-12", "close": 76.737761, "volume": 948328, "typical_volume": 1443579.8, "trend": 72.04317, "fair_value": 64.713283, "relative_strength": -7.726383, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.1353, "energy": 49.898441, "activity_lines": [ 75.056197, 74.70768, 73.960424, 73.20539 ] }, { "date": "2024-07-19", "close": 74.668576, "volume": 1344398, "typical_volume": 1416594.8, "trend": 72.235618, "fair_value": 64.755987, "relative_strength": -6.26107, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.036528, "energy": 49.982728, "activity_lines": [ 75.13422, 74.721938, 74.080126, 73.374771 ] }, { "date": "2024-07-26", "close": 74.640487, "volume": 922960, "typical_volume": 1378262.2, "trend": 72.408742, "fair_value": 64.797742, "relative_strength": -3.62316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.008702, "energy": 45.970201, "activity_lines": [ 75.098642, 74.720558, 74.182924, 73.529924 ] }, { "date": "2024-08-02", "close": 72.23424, "volume": 1252113, "typical_volume": 1365674.65, "trend": 72.537819, "fair_value": 64.818968, "relative_strength": -3.586979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.594264, "energy": 14.965723, "activity_lines": [ 74.168601, 74.292553, 74.048154, 73.518666 ] }, { "date": "2024-08-09", "close": 72.655567, "volume": 1451055, "typical_volume": 1378600.45, "trend": 72.651828, "fair_value": 64.836088, "relative_strength": -3.166168, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.876415, "energy": 14.313722, "activity_lines": [ 73.480745, 73.987253, 73.95512, 73.526262 ] }, { "date": "2024-08-16", "close": 75.483142, "volume": 839443, "typical_volume": 1317456.85, "trend": 72.893185, "fair_value": 64.881818, "relative_strength": -4.390306, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.235064, "energy": 20.513791, "activity_lines": [ 73.912683, 74.235332, 74.13453, 73.708928 ] }, { "date": "2024-08-23", "close": 77.842575, "volume": 1042427, "typical_volume": 1276327.75, "trend": 73.17703, "fair_value": 64.935865, "relative_strength": -2.253619, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.186271, "energy": 31.781056, "activity_lines": [ 75.214741, 74.900263, 74.529034, 74.028243 ] }, { "date": "2024-08-30", "close": 78.039195, "volume": 1042120, "typical_volume": 1243796.2, "trend": 73.471719, "fair_value": 64.983654, "relative_strength": -1.122751, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.374337, "energy": 64.363232, "activity_lines": [ 76.370738, 75.514805, 74.917956, 74.341931 ] }, { "date": "2024-09-06", "close": 75.117991, "volume": 981218, "typical_volume": 1231339.75, "trend": 73.667502, "fair_value": 65.017711, "relative_strength": 1.101876, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.664124, "energy": 59.633425, "activity_lines": [ 76.326421, 75.51123, 74.995588, 74.448142 ] }, { "date": "2024-09-13", "close": 76.793938, "volume": 876470, "typical_volume": 1171942.5, "trend": 73.895554, "fair_value": 65.066025, "relative_strength": -2.261554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.523798, "energy": 62.922212, "activity_lines": [ 76.648502, 75.787689, 75.209024, 74.649848 ] }, { "date": "2024-09-20", "close": 77.439974, "volume": 762172, "typical_volume": 1109935.95, "trend": 74.104996, "fair_value": 65.119523, "relative_strength": -2.677801, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.689736, "energy": 56.152506, "activity_lines": [ 76.910037, 76.154712, 75.459945, 74.87852 ] }, { "date": "2024-09-27", "close": 79.022292, "volume": 853442, "typical_volume": 1105084.7, "trend": 74.349714, "fair_value": 65.194856, "relative_strength": -1.545178, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.007957, "energy": 48.098857, "activity_lines": [ 77.568556, 76.796662, 75.839129, 75.195765 ] }, { "date": "2024-10-04", "close": 77.82385, "volume": 1345606, "typical_volume": 1135610.8, "trend": 74.514647, "fair_value": 65.263879, "relative_strength": -3.00815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.255286, "energy": 49.969233, "activity_lines": [ 77.748947, 77.141555, 76.080685, 75.419903 ] }, { "date": "2024-10-11", "close": 77.486788, "volume": 935644, "typical_volume": 1128690.95, "trend": 74.678456, "fair_value": 65.319872, "relative_strength": -4.445526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.191988, "energy": 46.107857, "activity_lines": [ 77.83134, 77.367284, 76.277829, 75.611654 ] }, { "date": "2024-10-18", "close": 77.149726, "volume": 848451, "typical_volume": 1125259.25, "trend": 74.806209, "fair_value": 65.370906, "relative_strength": -4.896811, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.509523, "energy": 38.971725, "activity_lines": [ 77.643459, 77.436229, 76.429934, 75.771091 ] }, { "date": "2024-10-25", "close": 74.986912, "volume": 921660, "typical_volume": 1116311.5, "trend": 74.856964, "fair_value": 65.407252, "relative_strength": -7.471201, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 28.135261, "energy": 16.266916, "activity_lines": [ 76.710921, 77.030222, 76.364942, 75.782749 ] }, { "date": "2024-11-01", "close": 74.593673, "volume": 1319363, "typical_volume": 1101341.75, "trend": 74.91882, "fair_value": 65.433777, "relative_strength": -6.244657, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.632182, "energy": 14.608011, "activity_lines": [ 75.810841, 76.56174, 76.261684, 75.765763 ] }, { "date": "2024-11-08", "close": 74.294062, "volume": 1906576, "typical_volume": 1127758.4, "trend": 75.025544, "fair_value": 65.461181, "relative_strength": -11.234264, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.42744, "energy": 19.165153, "activity_lines": [ 75.106132, 76.097854, 76.122802, 75.725456 ] }, { "date": "2024-11-15", "close": 72.590027, "volume": 1563524, "typical_volume": 1126404.75, "trend": 75.107949, "fair_value": 65.483919, "relative_strength": -9.944434, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.553471, "energy": 43.001392, "activity_lines": [ 74.06873, 75.392237, 75.816682, 75.568326 ] }, { "date": "2024-11-22", "close": 73.001992, "volume": 2145948, "typical_volume": 1165145.9, "trend": 75.149846, "fair_value": 65.526753, "relative_strength": -10.806838, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.788006, "energy": 57.862702, "activity_lines": [ 73.495101, 74.807486, 75.55537, 75.432457 ] }, { "date": "2024-11-29", "close": 74.275337, "volume": 964917, "typical_volume": 1165975.35, "trend": 75.201397, "fair_value": 65.578408, "relative_strength": -9.670648, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.133444, "energy": 51.604955, "activity_lines": [ 73.622435, 74.523196, 75.426341, 75.376037 ] }, { "date": "2024-12-06", "close": 75.267797, "volume": 1994557, "typical_volume": 1198483.3, "trend": 75.240677, "fair_value": 65.625117, "relative_strength": -11.079516, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.051992, "energy": 35.546391, "activity_lines": [ 74.128028, 74.476893, 75.403558, 75.380321 ] }, { "date": "2024-12-13", "close": 74.125531, "volume": 5722154, "typical_volume": 1438443.0, "trend": 75.203576, "fair_value": 65.67053, "relative_strength": -12.803141, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.984404, "energy": 22.656858, "activity_lines": [ 74.207924, 74.291168, 75.269134, 75.308376 ] }, { "date": "2024-12-20", "close": 71.68769, "volume": 3090023, "typical_volume": 1530338.5, "trend": 75.100842, "fair_value": 65.689362, "relative_strength": -13.415618, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.108642, "energy": 41.907147, "activity_lines": [ 73.486442, 73.729442, 74.904988, 75.081545 ] }, { "date": "2024-12-27", "close": 72.636065, "volume": 1590099, "typical_volume": 1537290.7, "trend": 75.028188, "fair_value": 65.71253, "relative_strength": -12.732166, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.127261, "energy": 43.145227, "activity_lines": [ 73.141241, 73.445586, 74.633765, 74.922527 ] }, { "date": "2025-01-03", "close": 72.21878, "volume": 1482001, "typical_volume": 1569418.6, "trend": 74.941624, "fair_value": 65.732633, "relative_strength": -12.206525, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.102505, "energy": 65.553804, "activity_lines": [ 72.681339, 73.167926, 74.322894, 74.741275 ] }, { "date": "2025-01-10", "close": 71.573885, "volume": 1156194, "typical_volume": 1575106.95, "trend": 74.890588, "fair_value": 65.747599, "relative_strength": -10.723382, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.771535, "energy": 72.630485, "activity_lines": [ 72.143577, 72.823342, 73.966149, 74.524002 ] }, { "date": "2025-01-17", "close": 73.186123, "volume": 4512899, "typical_volume": 1748645.9, "trend": 74.888299, "fair_value": 65.787434, "relative_strength": -11.01225, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.777666, "energy": 51.82583, "activity_lines": [ 72.389488, 72.826798, 73.792801, 74.414036 ] }, { "date": "2025-01-24", "close": 75.462224, "volume": 1355377, "typical_volume": 1767353.85, "trend": 74.945027, "fair_value": 65.850991, "relative_strength": -9.367589, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.884165, "energy": 19.557749, "activity_lines": [ 73.456726, 73.264235, 73.859334, 74.451064 ] }, { "date": "2025-01-31", "close": 75.414805, "volume": 1571376, "typical_volume": 1802099.15, "trend": 74.948367, "fair_value": 65.908007, "relative_strength": -7.950512, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.676955, "energy": 15.261795, "activity_lines": [ 74.256523, 73.640828, 73.919713, 74.481372 ] }, { "date": "2025-02-07", "close": 75.613964, "volume": 2434702, "typical_volume": 1885725.65, "trend": 74.910907, "fair_value": 65.968026, "relative_strength": -7.65133, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.229818, "energy": 24.576777, "activity_lines": [ 74.937456, 74.009762, 74.005626, 74.524314 ] }, { "date": "2025-02-14", "close": 77.643487, "volume": 2364868, "typical_volume": 1961296.95, "trend": 75.010071, "fair_value": 66.043728, "relative_strength": -7.639095, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.951646, "energy": 40.372585, "activity_lines": [ 76.068552, 74.723363, 74.293522, 74.700609 ] }, { "date": "2025-02-21", "close": 77.283105, "volume": 1533458, "typical_volume": 1970689.55, "trend": 75.098158, "fair_value": 66.121741, "relative_strength": -5.761638, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.892114, "energy": 55.284479, "activity_lines": [ 76.67488, 75.328244, 74.553662, 74.847256 ] }, { "date": "2025-02-28", "close": 77.254653, "volume": 3077765, "typical_volume": 2077795.6, "trend": 75.265505, "fair_value": 66.23081, "relative_strength": -2.358304, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.779035, "energy": 56.980196, "activity_lines": [ 76.998592, 75.870543, 74.813667, 74.986385 ] }, { "date": "2025-03-07", "close": 79.929072, "volume": 3245512, "typical_volume": 2197648.65, "trend": 75.507955, "fair_value": 66.359583, "relative_strength": 4.444061, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.337432, "energy": 71.534115, "activity_lines": [ 78.094282, 76.797881, 75.329484, 75.28726 ] }, { "date": "2025-03-14", "close": 79.208306, "volume": 3460137, "typical_volume": 2324572.5, "trend": 75.632127, "fair_value": 66.45467, "relative_strength": 6.160417, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.219016, "energy": 64.699531, "activity_lines": [ 78.648765, 77.461571, 75.763422, 75.525993 ] }, { "date": "2025-03-21", "close": 79.303144, "volume": 1926424, "typical_volume": 2354925.55, "trend": 75.680813, "fair_value": 66.551145, "relative_strength": 6.027733, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.329644, "energy": 74.941546, "activity_lines": [ 78.995238, 78.015423, 76.18629, 75.762832 ] }, { "date": "2025-03-28", "close": 78.165094, "volume": 2068546, "typical_volume": 2363024.05, "trend": 75.68501, "fair_value": 66.637985, "relative_strength": 6.999132, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.420629, "energy": 66.274136, "activity_lines": [ 78.851717, 78.221824, 76.478346, 75.923109 ] }, { "date": "2025-04-04", "close": 71.08073, "volume": 3475476, "typical_volume": 2458621.65, "trend": 75.550434, "fair_value": 66.686875, "relative_strength": 7.926057, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 8.947803, "energy": 9.532862, "activity_lines": [ 76.287943, 77.049632, 76.077268, 75.626058 ] }, { "date": "2025-04-11", "close": 74.950101, "volume": 4055456, "typical_volume": 2554097.05, "trend": 75.488973, "fair_value": 66.765413, "relative_strength": 5.8318, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.243601, "energy": 14.293035, "activity_lines": [ 75.425553, 76.660625, 76.051888, 75.587327 ] }, { "date": "2025-04-18", "close": 77.055494, "volume": 1787901, "typical_volume": 2595246.25, "trend": 75.476157, "fair_value": 66.865297, "relative_strength": 11.281766, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 27.139384, "energy": 24.687429, "activity_lines": [ 75.596893, 76.662867, 76.217745, 75.688393 ] }, { "date": "2025-04-25", "close": 79.786815, "volume": 3230279, "typical_volume": 2657032.35, "trend": 75.501641, "fair_value": 66.992157, "relative_strength": 8.268514, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.706617, "energy": 27.615443, "activity_lines": [ 76.822194, 77.135503, 76.630489, 75.9665 ] }, { "date": "2025-05-02", "close": 81.569761, "volume": 1920441, "typical_volume": 2466946.7, "trend": 75.626505, "fair_value": 67.138797, "relative_strength": 7.019089, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 71.018738, "energy": 51.297139, "activity_lines": [ 78.609565, 77.893341, 77.191518, 76.357992 ] }, { "date": "2025-05-09", "close": 81.46544, "volume": 1657773, "typical_volume": 2395334.2, "trend": 75.759127, "fair_value": 67.286941, "relative_strength": 7.092663, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.093115, "energy": 72.326083, "activity_lines": [ 80.135185, 78.554272, 77.707164, 76.734697 ] }, { "date": "2025-05-16", "close": 82.499169, "volume": 2226155, "typical_volume": 2427137.0, "trend": 75.937441, "fair_value": 67.437757, "relative_strength": 1.594071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.367682, "energy": 80.076577, "activity_lines": [ 81.313067, 79.326595, 78.274699, 77.169539 ] }, { "date": "2025-05-23", "close": 83.352707, "volume": 3276268, "typical_volume": 2516850.35, "trend": 76.216301, "fair_value": 67.579512, "relative_strength": 5.12593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.773591, "energy": 82.60715, "activity_lines": [ 82.272191, 80.207377, 78.876556, 77.647943 ] }, { "date": "2025-05-30", "close": 84.026053, "volume": 1298643, "typical_volume": 2523972.8, "trend": 76.530714, "fair_value": 67.729871, "relative_strength": 4.026246, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.508865, "energy": 82.985557, "activity_lines": [ 83.035949, 81.135233, 79.489522, 78.151798 ] }, { "date": "2025-06-06", "close": 84.917526, "volume": 1650399, "typical_volume": 2380847.8, "trend": 76.884829, "fair_value": 67.906154, "relative_strength": 3.015113, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.527684, "energy": 84.7888, "activity_lines": [ 83.814249, 82.139304, 80.128095, 78.692882 ] }, { "date": "2025-06-13", "close": 84.481273, "volume": 997107, "typical_volume": 2362934.3, "trend": 77.281204, "fair_value": 68.097265, "relative_strength": 2.974592, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.195717, "energy": 79.675316, "activity_lines": [ 84.223947, 82.941284, 80.669256, 79.182976 ] }, { "date": "2025-06-20", "close": 83.181066, "volume": 4145502, "typical_volume": 2491640.6, "trend": 77.620507, "fair_value": 68.26651, "relative_strength": 1.359622, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.021263, "energy": 60.351436, "activity_lines": [ 83.999188, 83.263217, 81.04364, 79.563612 ] }, { "date": "2025-06-27", "close": 86.011405, "volume": 2099425, "typical_volume": 2474876.75, "trend": 78.011709, "fair_value": 68.46038, "relative_strength": 0.60491, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.815768, "energy": 59.795847, "activity_lines": [ 84.672414, 83.950104, 81.650598, 80.10496 ] }, { "date": "2025-07-04", "close": 86.194942, "volume": 1778473, "typical_volume": 2445557.0, "trend": 78.375947, "fair_value": 68.656733, "relative_strength": -0.682495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.464862, "energy": 67.118496, "activity_lines": [ 85.229573, 84.507525, 82.225524, 80.632911 ] }, { "date": "2025-07-11", "close": 85.509092, "volume": 1336163, "typical_volume": 2435692.25, "trend": 78.755399, "fair_value": 68.853239, "relative_strength": -1.093469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.276667, "energy": 75.003381, "activity_lines": [ 85.413523, 84.823736, 82.694409, 81.093114 ] }, { "date": "2025-07-18", "close": 85.045419, "volume": 888411, "typical_volume": 2326224.55, "trend": 79.200657, "fair_value": 69.035515, "relative_strength": -2.789658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.879349, "energy": 77.546748, "activity_lines": [ 85.403478, 84.984018, 83.079964, 81.498921 ] }, { "date": "2025-07-25", "close": 87.305826, "volume": 1163143, "typical_volume": 2222106.1, "trend": 79.689649, "fair_value": 69.21875, "relative_strength": -1.008955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.987425, "energy": 86.51825, "activity_lines": [ 86.109291, 85.490193, 83.643697, 82.021835 ] }, { "date": "2025-08-01", "close": 84.089093, "volume": 1462537, "typical_volume": 2122226.1, "trend": 80.085326, "fair_value": 69.385971, "relative_strength": -2.385097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.556685, "energy": 51.72644, "activity_lines": [ 85.467877, 85.324113, 83.865947, 82.305671 ] }, { "date": "2025-08-08", "close": 86.909772, "volume": 1404931, "typical_volume": 2096151.45, "trend": 80.596522, "fair_value": 69.561039, "relative_strength": -2.608508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.613391, "energy": 54.194262, "activity_lines": [ 85.894843, 85.657495, 84.333591, 82.745957 ] }, { "date": "2025-08-15", "close": 88.542289, "volume": 861723, "typical_volume": 2035810.3, "trend": 81.108394, "fair_value": 69.758454, "relative_strength": -1.179963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.385253, "energy": 61.434473, "activity_lines": [ 86.818326, 86.235268, 84.920491, 83.258588 ] }, { "date": "2025-08-22", "close": 89.469635, "volume": 1044373, "typical_volume": 1914255.15, "trend": 81.575308, "fair_value": 69.973355, "relative_strength": 0.875692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.443094, "energy": 64.569954, "activity_lines": [ 87.848711, 86.915744, 85.546295, 83.798022 ] }, { "date": "2025-08-29", "close": 87.711541, "volume": 873797, "typical_volume": 1755172.2, "trend": 81.985199, "fair_value": 70.18972, "relative_strength": -0.698903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.100428, "energy": 63.434515, "activity_lines": [ 87.998117, 87.185869, 85.917095, 84.193908 ] }, { "date": "2025-09-05", "close": 88.107595, "volume": 973591, "typical_volume": 1714456.7, "trend": 82.401654, "fair_value": 70.397596, "relative_strength": -1.041316, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.036735, "energy": 60.709567, "activity_lines": [ 88.252493, 87.445631, 86.264845, 84.588902 ] }, { "date": "2025-09-12", "close": 89.373037, "volume": 924372, "typical_volume": 1599161.35, "trend": 82.792639, "fair_value": 70.625635, "relative_strength": -1.309521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.35725, "energy": 57.713927, "activity_lines": [ 88.660783, 87.897361, 86.680485, 85.038668 ] }, { "date": "2025-09-19", "close": 89.353717, "volume": 1909180, "typical_volume": 1598598.3, "trend": 83.194992, "fair_value": 70.874586, "relative_strength": -3.271405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.689357, "energy": 53.813594, "activity_lines": [ 88.898416, 88.287795, 87.048636, 85.461964 ] }, { "date": "2025-09-26", "close": 89.16052, "volume": 1198310, "typical_volume": 1575625.15, "trend": 83.591854, "fair_value": 71.127018, "relative_strength": -2.880182, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.561008, "energy": 52.978294, "activity_lines": [ 89.017554, 88.5732, 87.36132, 85.846837 ] }, { "date": "2025-10-03", "close": 91.498206, "volume": 1243953, "typical_volume": 1526515.05, "trend": 83.977492, "fair_value": 71.389317, "relative_strength": -1.416163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.698901, "energy": 60.801917, "activity_lines": [ 89.936529, 89.208819, 87.859999, 86.356924 ] }, { "date": "2025-10-10", "close": 88.716166, "volume": 1236043, "typical_volume": 1424503.8, "trend": 84.294421, "fair_value": 71.6389, "relative_strength": -2.104889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.322936, "energy": 48.026051, "activity_lines": [ 89.675712, 89.262387, 88.050868, 86.662645 ] }, { "date": "2025-10-17", "close": 90.793036, "volume": 1010113, "typical_volume": 1410077.3, "trend": 84.677417, "fair_value": 71.890824, "relative_strength": -2.12713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.712812, "energy": 50.397562, "activity_lines": [ 90.066615, 89.60944, 88.413995, 87.08191 ] }, { "date": "2025-10-24", "close": 91.391948, "volume": 1107260, "typical_volume": 1382920.35, "trend": 85.118312, "fair_value": 72.135671, "relative_strength": -3.534574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.444351, "energy": 54.120087, "activity_lines": [ 90.562488, 89.994781, 88.801936, 87.515106 ] }, { "date": "2025-10-31", "close": 90.918615, "volume": 2515825, "typical_volume": 1458856.25, "trend": 85.779575, "fair_value": 72.372766, "relative_strength": -5.75018, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.448334, "energy": 49.251741, "activity_lines": [ 90.764701, 90.242249, 89.113969, 87.889319 ] }, { "date": "2025-11-07", "close": 90.628819, "volume": 1161694, "typical_volume": 1309665.85, "trend": 86.302199, "fair_value": 72.580429, "relative_strength": -3.113073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.913898, "energy": 49.410269, "activity_lines": [ 90.753109, 90.410682, 89.367747, 88.202173 ] }, { "date": "2025-11-14", "close": 91.517526, "volume": 927383, "typical_volume": 1251063.75, "trend": 86.784267, "fair_value": 72.795325, "relative_strength": -2.062692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.759286, "energy": 52.408811, "activity_lines": [ 91.095712, 90.687656, 89.670699, 88.538646 ] }, { "date": "2025-11-21", "close": 88.822425, "volume": 1378373, "typical_volume": 1231058.75, "trend": 87.085454, "fair_value": 72.984757, "relative_strength": -1.986654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.763164, "energy": 30.609835, "activity_lines": [ 90.353191, 90.412614, 89.690754, 88.67014 ] }, { "date": "2025-11-28", "close": 91.314669, "volume": 833907, "typical_volume": 1205945.95, "trend": 87.410284, "fair_value": 73.184309, "relative_strength": -3.996329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.671107, "energy": 31.68001, "activity_lines": [ 90.572792, 90.600717, 89.935655, 88.942993 ] }, { "date": "2025-12-05", "close": 91.981199, "volume": 991280, "typical_volume": 1211089.4, "trend": 87.76081, "fair_value": 73.39274, "relative_strength": -4.298692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.912776, "energy": 38.999881, "activity_lines": [ 91.019721, 90.874355, 90.216389, 89.23789 ] }, { "date": "2025-12-12", "close": 92.444873, "volume": 1227675, "typical_volume": 1214316.0, "trend": 88.092333, "fair_value": 73.61075, "relative_strength": -2.082112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.008726, "energy": 40.4426, "activity_lines": [ 91.55037, 91.181012, 90.508255, 89.540088 ] }, { "date": "2025-12-19", "close": 93.046199, "volume": 3475513, "typical_volume": 1314964.8, "trend": 88.415449, "fair_value": 73.830045, "relative_strength": -2.137825, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.267696, "energy": 60.408359, "activity_lines": [ 92.16039, 91.579788, 90.832918, 89.859692 ] }, { "date": "2025-12-26", "close": 94.168423, "volume": 1057908, "typical_volume": 1297613.65, "trend": 88.753528, "fair_value": 74.058247, "relative_strength": -2.305697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.48381, "energy": 74.226623, "activity_lines": [ 93.042573, 92.103878, 91.221807, 90.230852 ] }, { "date": "2026-01-02", "close": 94.601563, "volume": 1251327, "typical_volume": 1317093.85, "trend": 89.07633, "fair_value": 74.27472, "relative_strength": -0.310227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.444095, "energy": 79.272032, "activity_lines": [ 93.712737, 92.645349, 91.617382, 90.608144 ] }, { "date": "2026-01-09", "close": 96.412872, "volume": 1223387, "typical_volume": 1326044.55, "trend": 89.47405, "fair_value": 74.488697, "relative_strength": -0.743448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.224939, "energy": 89.415789, "activity_lines": [ 94.767543, 93.457793, 92.156609, 91.08147 ] }, { "date": "2026-01-16", "close": 97.023205, "volume": 2542621, "typical_volume": 1409485.75, "trend": 89.935454, "fair_value": 74.704188, "relative_strength": 0.561904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.908692, "energy": 92.991686, "activity_lines": [ 95.73035, 94.281311, 92.720901, 91.568512 ] }, { "date": "2026-01-23", "close": 97.4465, "volume": 1195866, "typical_volume": 1420599.5, "trend": 90.316624, "fair_value": 74.919081, "relative_strength": 0.598284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.623627, "energy": 91.381398, "activity_lines": [ 96.529032, 95.06553, 93.281164, 92.053095 ] }, { "date": "2026-01-30", "close": 98.352155, "volume": 1676993, "typical_volume": 1458230.55, "trend": 90.721864, "fair_value": 75.140921, "relative_strength": 1.508385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.582893, "energy": 91.68773, "activity_lines": [ 97.336246, 95.906614, 93.88321, 92.571517 ] }, { "date": "2026-02-06", "close": 100.05518, "volume": 1391160, "typical_volume": 1432329.55, "trend": 91.206734, "fair_value": 75.377789, "relative_strength": 5.092167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.834357, "energy": 92.400752, "activity_lines": [ 98.43222, 96.884071, 94.604691, 93.173666 ] }, { "date": "2026-02-13", "close": 101.374286, "volume": 1565088, "typical_volume": 1450668.45, "trend": 91.75103, "fair_value": 75.620601, "relative_strength": 7.535011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.099114, "energy": 91.633803, "activity_lines": [ 99.604321, 97.942447, 95.400841, 93.829637 ] }, { "date": "2026-02-20", "close": 102.014151, "volume": 1170796, "typical_volume": 1447010.6, "trend": 92.241307, "fair_value": 75.878822, "relative_strength": 6.728002, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.989768, "energy": 93.895618, "activity_lines": [ 100.65895, 98.946379, 96.199771, 94.491774 ] }, { "date": "2026-02-27", "close": 102.594952, "volume": 1752092, "typical_volume": 1472813.05, "trend": 92.858169, "fair_value": 76.13003, "relative_strength": 7.391833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.087479, "energy": 93.409881, "activity_lines": [ 101.574449, 99.881924, 97.003938, 95.159751 ] }, { "date": "2026-03-06", "close": 95.713943, "volume": 2746221, "typical_volume": 1559618.45, "trend": 93.151642, "fair_value": 76.349864, "relative_strength": 1.495221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.057576, "energy": 61.699085, "activity_lines": [ 99.853049, 99.392763, 97.086683, 95.343995 ] }, { "date": "2026-03-13", "close": 93.567935, "volume": 3426912, "typical_volume": 1675601.05, "trend": 93.319163, "fair_value": 76.564394, "relative_strength": 0.329955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.96974, "energy": 25.984892, "activity_lines": [ 97.592193, 98.485319, 96.941612, 95.370852 ] }, { "date": "2026-03-20", "close": 90.870658, "volume": 2009495, "typical_volume": 1650284.55, "trend": 93.365864, "fair_value": 76.752096, "relative_strength": -0.49298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.106843, "energy": 23.7637, "activity_lines": [ 94.864728, 97.106253, 96.529296, 95.212884 ] }, { "date": "2026-03-27", "close": 90.782061, "volume": 1756361, "typical_volume": 1680017.9, "trend": 93.468214, "fair_value": 76.923753, "relative_strength": 2.801158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.282104, "energy": 44.174248, "activity_lines": [ 92.807972, 95.811847, 96.108771, 95.046187 ] }, { "date": "2026-04-03", "close": 95.10361, "volume": 1536584, "typical_volume": 1710477.95, "trend": 93.701415, "fair_value": 77.120657, "relative_strength": 3.652319, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.592329, "energy": 35.556955, "activity_lines": [ 92.940539, 95.416652, 96.099092, 95.151697 ] }, { "date": "2026-04-10", "close": 99.080617, "volume": 1486729, "typical_volume": 1715895.75, "trend": 94.025001, "fair_value": 77.335688, "relative_strength": 3.421801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.781134, "energy": 23.202792, "activity_lines": [ 94.898197, 95.787147, 96.451099, 95.498742 ] }, { "date": "2026-04-17", "close": 101.393974, "volume": 1422822, "typical_volume": 1745341.5, "trend": 94.426343, "fair_value": 77.56372, "relative_strength": -0.104447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.804368, "energy": 27.706544, "activity_lines": [ 97.40253, 96.565008, 96.974577, 95.97416 ] }, { "date": "2026-04-24", "close": 98.923112, "volume": 1243238, "typical_volume": 1757939.4, "trend": 94.751763, "fair_value": 77.776427, "relative_strength": -4.399599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.167241, "energy": 35.055315, "activity_lines": [ 98.561506, 96.869279, 97.214739, 96.264274 ] }, { "date": "2026-05-01", "close": 99.267654, "volume": 1587022, "typical_volume": 1775906.75, "trend": 95.010744, "fair_value": 77.98923, "relative_strength": -5.291625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.347727, "energy": 38.259012, "activity_lines": [ 99.298499, 97.280762, 97.454657, 96.555622 ] }, { "date": "2026-05-08", "close": 101.000211, "volume": 1479142, "typical_volume": 1676088.2, "trend": 95.420212, "fair_value": 78.217365, "relative_strength": -8.372802, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.109197, "energy": 55.493708, "activity_lines": [ 100.047305, 98.057191, 97.827091, 96.942039 ] }, { "date": "2026-05-15", "close": 98.903423, "volume": 1135904, "typical_volume": 1679988.0, "trend": 95.690559, "fair_value": 78.428747, "relative_strength": -9.768196, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.790876, "energy": 44.189227, "activity_lines": [ 99.704075, 98.481381, 97.961955, 97.166762 ] }, { "date": "2026-05-22", "close": 101.167561, "volume": 1061594, "typical_volume": 1670501.35, "trend": 96.016412, "fair_value": 78.663152, "relative_strength": -8.545117, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.370125, "energy": 38.48717, "activity_lines": [ 100.12737, 99.259242, 98.289903, 97.520117 ] }, { "date": "2026-05-29", "close": 101.86649, "volume": 1893563, "typical_volume": 1704010.15, "trend": 96.381342, "fair_value": 78.898839, "relative_strength": -10.229603, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.071348, "energy": 39.393122, "activity_lines": [ 100.798736, 100.026006, 98.653149, 97.897541 ] }, { "date": "2026-06-05", "close": 99.444848, "volume": 1162573, "typical_volume": 1635007.75, "trend": 96.675209, "fair_value": 79.117515, "relative_strength": -8.002995, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.123608, "energy": 32.521103, "activity_lines": [ 100.466663, 100.152547, 98.759794, 98.095187 ] }, { "date": "2026-06-12", "close": 102.151968, "volume": 1504471, "typical_volume": 1650438.0, "trend": 97.029691, "fair_value": 79.343069, "relative_strength": -7.407322, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.389656, "energy": 42.418294, "activity_lines": [ 101.02515, 100.613787, 99.112727, 98.448526 ] }, { "date": "2026-06-19", "close": 103.14, "volume": 1659510, "typical_volume": 1649563.85, "trend": 97.506943, "fair_value": 79.589158, "relative_strength": -8.724972, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.877031, "energy": 52.774773, "activity_lines": [ 101.836197, 101.126517, 99.537352, 98.84274 ] }, { "date": "2026-06-26", "close": 101.53, "volume": 2349569, "typical_volume": 1697484.3, "trend": 97.847454, "fair_value": 79.815497, "relative_strength": -5.753087, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.354498, "energy": 40.842031, "activity_lines": [ 101.828139, 101.272712, 99.785844, 99.102292 ] }, { "date": "2026-07-03", "close": 103.31, "volume": 886554, "typical_volume": 1663557.6, "trend": 98.225081, "fair_value": 80.062442, "relative_strength": -4.792188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.717412, "energy": 55.430093, "activity_lines": [ 102.389252, 101.740071, 100.196837, 99.454714 ] }, { "date": "2026-07-10", "close": 103.39, "volume": 923389, "typical_volume": 1651187.25, "trend": 98.589918, "fair_value": 80.292148, "relative_strength": -6.267686, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.701679, "energy": 57.281744, "activity_lines": [ 102.880798, 102.142214, 100.606232, 99.787935 ] }, { "date": "2026-07-17", "close": 102.4, "volume": 884129, "typical_volume": 1607789.1, "trend": 98.901712, "fair_value": 80.516148, "relative_strength": -3.076778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.015081, "energy": 43.496611, "activity_lines": [ 102.779333, 102.289404, 100.914789, 100.033747 ] }, { "date": "2026-07-24", "close": 102.57, "volume": 2053484, "typical_volume": 1573152.25, "trend": 99.181764, "fair_value": 80.738153, "relative_strength": -1.280786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.475097, "energy": 42.991431, "activity_lines": [ 102.718, 102.442054, 101.240465, 100.27041 ] }, { "date": "2026-07-31", "close": 104.7, "volume": 1116342, "typical_volume": 1457623.75, "trend": 99.518379, "fair_value": 80.987956, "relative_strength": 0.221003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.07632, "energy": 48.657187, "activity_lines": [ 103.404667, 102.915311, 101.73635, 100.626425 ] }, { "date": "2026-08-07", "close": 107.68, "volume": 974180, "typical_volume": 1405858.0, "trend": 99.89395, "fair_value": 81.256978, "relative_strength": -1.885736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.918954, "energy": 70.865659, "activity_lines": [ 104.873333, 103.86616, 102.463035, 101.152982 ] } ], "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." } } }