{ "ticker": { "uuid": "1d3a2996-28fd-4f50-99ef-1583557c4f55", "symbol": "IVVM", "name": "iShares Large Cap Moderate Buffer ETF", "exchange": "CBOE", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 60.121, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.202, "architecture_energy": 67.232, "architecture_maturity": 47.987, "architecture_confidence": 78.253, "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": 8.7, "rotation_up": 63.82, "upward_expansion": 86.45, "deceleration": 58.02, "rotation_down": 25.42, "downward_expansion": 10.79 }, "activity_lines": [ 37.294967, 37.122531, 36.835763, 36.364048 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 37.8405, "trend_reference": 35.82502, "distance_from_trend": 0.056259, "trend_direction": "Improving", "fair_value": 30.834522, "distance_from_fair_value": 0.227212, "fair_value_direction": "Improving", "relative_strength": -3.882954, "relative_strength_direction": "Improving", "price_momentum": 0.07777, "excess_performance": -0.047855, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.056259, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0227, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.227212, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012652, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.03883, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.004506, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.07777, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.303366, "read": "Demand-led" } ], "volume": { "latest": 91808, "relative_activity": 0.66249, "balance": 1.303366, "dry_up": 0.810205, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.012439, "annualized_volatility": 0.076971, "from_high_reference": -0.000779, "from_low_reference": 0.150643 }, "levels": { "trend_reference": 35.82502, "fair_value_reference": 30.834522, "structural_low": 33.29, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.0065, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.001102, "regime_survival": 0.8125, "best_return": 0.021947, "worst_return": -0.073248, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.025131, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.009438, "regime_survival": 0.6, "best_return": 0.053424, "worst_return": -0.080156, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.060617, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.024986, "regime_survival": 1.0, "best_return": 0.073714, "worst_return": 0.058004, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.135993, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.03162, "regime_survival": 1.0, "best_return": 0.135993, "worst_return": 0.135993, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": -0.008749, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.005691, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-07", "tenure": "Developing", "return": -0.021093, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": 0.005428, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.034946, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-09", "tenure": "New", "return": 0.017905, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-05-23", "tenure": "New", "return": -0.011282, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-20", "tenure": "New", "return": 0.011043, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-27", "end": "2026-03-06", "tenure": "Extended", "return": 0.073069, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.010249, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.049083, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": 0.004462, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.045029, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.785931, "volume": 3509, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 24.931933, "volume": 7368, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 25.359377, "volume": 6113, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 25.112486, "volume": 726, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 25.095803, "volume": 19850, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 24.679613, "volume": 1268, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 24.720877, "volume": 10157, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 24.810808, "volume": 25980, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 24.886622, "volume": 14812, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 24.57063, "volume": 22494, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 24.160856, "volume": 6683, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 25.111598, "volume": 7065, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 25.338054, "volume": 1806, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 25.670138, "volume": 1342, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 25.830356, "volume": 1582, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 25.939043, "volume": 14944, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 26.022557, "volume": 8281, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 26.159774, "volume": 2463, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 26.206368, "volume": 6224, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 26.234206, "volume": 5607, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 26.041708, "volume": 19835, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 26.337464, "volume": 6602, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 26.505678, "volume": 11458, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 26.663723, "volume": 11263, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 26.857011, "volume": 15677, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 27.018611, "volume": 15600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 27.018907, "volume": 13396, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 27.201434, "volume": 12151, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 27.311109, "volume": 3898, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 27.314959, "volume": 6404, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 27.369352, "volume": 2688, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 27.478039, "volume": 2752, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 27.502718, "volume": 4318, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 27.378236, "volume": 82718, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 27.15326, "volume": 17958, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 26.700446, "volume": 20836, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 27.183073, "volume": 659, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 27.295314, "volume": 2730, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 27.581988, "volume": 21574, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 27.828681, "volume": 57606, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 27.848523, "volume": 29576, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 27.765502, "volume": 2944, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 28.037566, "volume": 4030, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 28.338653, "volume": 9050, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 28.489689, "volume": 18182, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 28.591664, "volume": 46172, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 28.833619, "volume": 29573, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 28.964912, "volume": 62765, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 28.716738, "volume": 23478, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 28.6427, "volume": 21967, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 28.174783, "volume": 55754, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 28.254546, "volume": 16360, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 28.958397, "volume": 32424, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 29.217924, "volume": 12008, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 29.305683, "volume": 2803, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 28.56659, "volume": 21407, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 29.310915, "volume": 38346, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 29.60134, "volume": 13339, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 29.800748, "volume": 658, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 29.865013, "volume": 588605, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 30.079228, "volume": 53497, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 30.262743, "volume": 36020, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 30.104994, "volume": 57481, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 29.880116, "volume": 232023, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 30.705784, "volume": 53405, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 30.419308, "volume": 27816, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 30.769062, "volume": 89738, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 30.986239, "volume": 44062, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-06", "close": 31.12543, "volume": 45766, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-13", "close": 31.135795, "volume": 30793, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-20", "close": 30.744383, "volume": 32515, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-12-27", "close": 30.898381, "volume": 19375, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2025-01-03", "close": 30.651586, "volume": 253076, "typical_volume": 82636.65, "trend": 29.646565, "fair_value": 27.452662, "relative_strength": -2.385569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.435982, "energy": 42.929607, "activity_lines": [ 30.832108, 30.833028, 30.522214, 30.144735 ] }, { "date": "2025-01-10", "close": 30.383409, "volume": 78722, "typical_volume": 85972.35, "trend": 29.714724, "fair_value": 27.488844, "relative_strength": -1.199753, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.608971, "energy": 28.714815, "activity_lines": [ 30.656206, 30.769719, 30.542389, 30.192274 ] }, { "date": "2025-01-17", "close": 30.872086, "volume": 185827, "typical_volume": 95123.55, "trend": 29.794137, "fair_value": 27.530104, "relative_strength": -2.340435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.814176, "energy": 28.572399, "activity_lines": [ 30.692665, 30.78611, 30.603556, 30.266942 ] }, { "date": "2025-01-24", "close": 31.153374, "volume": 44120, "typical_volume": 96259.2, "trend": 29.879528, "fair_value": 27.573757, "relative_strength": -2.987928, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.405326, "energy": 33.915135, "activity_lines": [ 30.840466, 30.85062, 30.684053, 30.354635 ] }, { "date": "2025-01-31", "close": 31.047792, "volume": 48593, "typical_volume": 96771.55, "trend": 29.953333, "fair_value": 27.615115, "relative_strength": -2.206424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.680861, "energy": 38.854059, "activity_lines": [ 30.925808, 30.882587, 30.742176, 30.430007 ] }, { "date": "2025-02-07", "close": 31.078682, "volume": 108334, "typical_volume": 101521.3, "trend": 30.023792, "fair_value": 27.655863, "relative_strength": -1.83543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.015115, "energy": 48.310391, "activity_lines": [ 31.011485, 30.915102, 30.79497, 30.50261 ] }, { "date": "2025-02-14", "close": 31.324709, "volume": 66943, "typical_volume": 104835.55, "trend": 30.110725, "fair_value": 27.698524, "relative_strength": -2.386132, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.720943, "energy": 65.523271, "activity_lines": [ 31.150699, 30.990669, 30.864161, 30.58654 ] }, { "date": "2025-02-21", "close": 31.058817, "volume": 30775, "typical_volume": 76944.05, "trend": 30.191262, "fair_value": 27.737148, "relative_strength": -1.551016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.314943, "energy": 55.410033, "activity_lines": [ 31.138528, 31.014268, 30.900772, 30.647707 ] }, { "date": "2025-02-28", "close": 30.941316, "volume": 605427, "typical_volume": 104540.55, "trend": 30.28348, "fair_value": 27.773559, "relative_strength": -0.905225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.413893, "energy": 38.668699, "activity_lines": [ 31.074742, 31.017904, 30.920507, 30.696098 ] }, { "date": "2025-03-07", "close": 30.423139, "volume": 171929, "typical_volume": 111336.0, "trend": 30.355766, "fair_value": 27.803329, "relative_strength": 0.570034, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.209487, "energy": 13.43139, "activity_lines": [ 30.852367, 30.923744, 30.886787, 30.705108 ] }, { "date": "2025-03-14", "close": 30.067159, "volume": 164088, "typical_volume": 116666.35, "trend": 30.392725, "fair_value": 27.828483, "relative_strength": 1.737515, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -7.87742, "energy": 16.812595, "activity_lines": [ 30.552976, 30.773502, 30.8184, 30.686488 ] }, { "date": "2025-03-21", "close": 30.174827, "volume": 158530, "typical_volume": 112991.7, "trend": 30.424622, "fair_value": 27.854267, "relative_strength": 1.580369, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.000314, "energy": 31.043703, "activity_lines": [ 30.356909, 30.653462, 30.760448, 30.672431 ] }, { "date": "2025-03-28", "close": 30.23035, "volume": 59970, "typical_volume": 113319.95, "trend": 30.455444, "fair_value": 27.880094, "relative_strength": 3.247425, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.905594, "energy": 35.40588, "activity_lines": [ 30.256009, 30.547309, 30.70638, 30.659897 ] }, { "date": "2025-04-04", "close": 28.194691, "volume": 261894, "typical_volume": 125023.85, "trend": 30.443047, "fair_value": 27.883477, "relative_strength": 5.806628, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -66.118129, "energy": 77.533047, "activity_lines": [ 29.531786, 30.082705, 30.460703, 30.514042 ] }, { "date": "2025-04-11", "close": 29.385693, "volume": 130153, "typical_volume": 127044.6, "trend": 30.44554, "fair_value": 27.899458, "relative_strength": 4.310949, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.753714, "energy": 62.183835, "activity_lines": [ 29.387673, 29.88844, 30.339049, 30.445825 ] }, { "date": "2025-04-18", "close": 29.179992, "volume": 97987, "typical_volume": 129740.85, "trend": 30.431495, "fair_value": 27.912937, "relative_strength": 5.030861, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.105863, "energy": 71.352247, "activity_lines": [ 29.244155, 29.686995, 30.204392, 30.364177 ] }, { "date": "2025-04-25", "close": 30.143739, "volume": 221862, "typical_volume": 138545.65, "trend": 30.442928, "fair_value": 27.936175, "relative_strength": 3.703455, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.704137, "energy": 46.770634, "activity_lines": [ 29.481032, 29.695299, 30.170121, 30.345612 ] }, { "date": "2025-05-02", "close": 30.688634, "volume": 190567, "typical_volume": 146534.35, "trend": 30.470382, "fair_value": 27.964551, "relative_strength": 2.572002, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.212116, "energy": 18.130778, "activity_lines": [ 29.901612, 29.824146, 30.19242, 30.361464 ] }, { "date": "2025-05-09", "close": 30.683469, "volume": 108062, "typical_volume": 150311.7, "trend": 30.490523, "fair_value": 27.992295, "relative_strength": 2.966696, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -21.117789, "energy": 17.08416, "activity_lines": [ 30.289918, 29.958786, 30.216356, 30.375212 ] }, { "date": "2025-05-16", "close": 31.535575, "volume": 92785, "typical_volume": 153982.2, "trend": 30.532951, "fair_value": 28.028085, "relative_strength": 0.513869, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.829015, "energy": 25.871468, "activity_lines": [ 30.796342, 30.253041, 30.321736, 30.442635 ] }, { "date": "2025-05-23", "close": 31.179794, "volume": 32878, "typical_volume": 142972.3, "trend": 30.568778, "fair_value": 28.059602, "relative_strength": 1.948162, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.440959, "energy": 29.219836, "activity_lines": [ 31.040846, 30.462383, 30.390197, 30.484366 ] }, { "date": "2025-05-30", "close": 31.505778, "volume": 26994, "typical_volume": 140385.9, "trend": 30.622966, "fair_value": 28.093723, "relative_strength": 1.21221, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.959596, "energy": 41.813661, "activity_lines": [ 31.260691, 30.710765, 30.487189, 30.544818 ] }, { "date": "2025-06-06", "close": 31.783887, "volume": 24175, "typical_volume": 132303.3, "trend": 30.658903, "fair_value": 28.129901, "relative_strength": 0.448465, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.43091, "energy": 52.931981, "activity_lines": [ 31.482437, 30.985513, 30.605323, 30.619716 ] }, { "date": "2025-06-13", "close": 31.823616, "volume": 51169, "typical_volume": 132655.75, "trend": 30.705713, "fair_value": 28.165762, "relative_strength": 0.91863, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.616054, "energy": 56.005926, "activity_lines": [ 31.644408, 31.239239, 30.722898, 30.694859 ] }, { "date": "2025-06-20", "close": 31.853712, "volume": 56550, "typical_volume": 133053.6, "trend": 30.741868, "fair_value": 28.201223, "relative_strength": 1.153488, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.201331, "energy": 63.738511, "activity_lines": [ 31.740402, 31.432456, 30.840149, 30.768923 ] }, { "date": "2025-06-27", "close": 32.141455, "volume": 244584, "typical_volume": 139866.1, "trend": 30.780376, "fair_value": 28.238749, "relative_strength": -1.324154, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.601033, "energy": 64.650874, "activity_lines": [ 31.911102, 31.633117, 30.980966, 30.859219 ] }, { "date": "2025-07-04", "close": 32.429497, "volume": 199216, "typical_volume": 146479.75, "trend": 30.823845, "fair_value": 28.278285, "relative_strength": -2.072924, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.465925, "energy": 75.636634, "activity_lines": [ 32.113704, 31.832305, 31.144154, 30.965614 ] }, { "date": "2025-07-11", "close": 32.377848, "volume": 120453, "typical_volume": 150963.65, "trend": 30.865246, "fair_value": 28.316598, "relative_strength": -1.943295, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.857879, "energy": 85.296554, "activity_lines": [ 32.237509, 31.980542, 31.297163, 31.065872 ] }, { "date": "2025-07-18", "close": 32.540442, "volume": 73134, "typical_volume": 124349.0, "trend": 30.925115, "fair_value": 28.355708, "relative_strength": -2.03331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.738771, "energy": 88.261588, "activity_lines": [ 32.375914, 32.127629, 31.459375, 31.17395 ] }, { "date": "2025-07-25", "close": 32.846859, "volume": 38539, "typical_volume": 117679.5, "trend": 30.990064, "fair_value": 28.396911, "relative_strength": -2.528051, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.921354, "energy": 92.894834, "activity_lines": [ 32.56867, 32.296665, 31.643156, 31.297933 ] }, { "date": "2025-08-01", "close": 32.447574, "volume": 129088, "typical_volume": 115929.5, "trend": 31.049931, "fair_value": 28.433736, "relative_strength": -1.282978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.440567, "energy": 86.147275, "activity_lines": [ 32.562122, 32.369263, 31.777368, 31.391966 ] }, { "date": "2025-08-08", "close": 32.975782, "volume": 125860, "typical_volume": 114296.0, "trend": 31.136343, "fair_value": 28.474655, "relative_strength": -2.041841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.455746, "energy": 89.476957, "activity_lines": [ 32.711234, 32.514847, 31.95055, 31.516214 ] }, { "date": "2025-08-15", "close": 33.145627, "volume": 141182, "typical_volume": 118356.6, "trend": 31.212128, "fair_value": 28.51636, "relative_strength": -2.4463, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.889481, "energy": 91.535882, "activity_lines": [ 32.880543, 32.664585, 32.126569, 31.645846 ] }, { "date": "2025-08-22", "close": 33.244853, "volume": 106759, "typical_volume": 110599.85, "trend": 31.281844, "fair_value": 28.558205, "relative_strength": -2.398513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.416812, "energy": 81.135817, "activity_lines": [ 33.031742, 32.807606, 32.298157, 31.776989 ] }, { "date": "2025-08-29", "close": 33.247634, "volume": 78537, "typical_volume": 108019.05, "trend": 31.355172, "fair_value": 28.59934, "relative_strength": -2.3121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.001542, "energy": 84.398575, "activity_lines": [ 33.136907, 32.925291, 32.445961, 31.903814 ] }, { "date": "2025-09-05", "close": 33.412811, "volume": 57239, "typical_volume": 105981.65, "trend": 31.432976, "fair_value": 28.641197, "relative_strength": -2.091186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.72593, "energy": 84.610078, "activity_lines": [ 33.270412, 33.047664, 32.591106, 32.036565 ] }, { "date": "2025-09-12", "close": 33.662215, "volume": 57687, "typical_volume": 97772.9, "trend": 31.510893, "fair_value": 28.684481, "relative_strength": -2.829685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.939601, "energy": 72.628036, "activity_lines": [ 33.422704, 33.192269, 32.739848, 32.180387 ] }, { "date": "2025-09-19", "close": 33.789549, "volume": 22006, "typical_volume": 89344.85, "trend": 31.601917, "fair_value": 28.728114, "relative_strength": -3.588743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.20077, "energy": 72.329059, "activity_lines": [ 33.571677, 33.337611, 32.883961, 32.327397 ] }, { "date": "2025-09-26", "close": 33.85858, "volume": 56957, "typical_volume": 86789.6, "trend": 31.699159, "fair_value": 28.771593, "relative_strength": -3.060186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.483587, "energy": 76.147045, "activity_lines": [ 33.700733, 33.469838, 33.019883, 32.472988 ] }, { "date": "2025-10-03", "close": 34.008759, "volume": 538817, "typical_volume": 109091.2, "trend": 31.81868, "fair_value": 28.815603, "relative_strength": -3.63754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.469813, "energy": 79.500786, "activity_lines": [ 33.838934, 33.605403, 33.154989, 32.621995 ] }, { "date": "2025-10-10", "close": 33.592787, "volume": 100320, "typical_volume": 112463.3, "trend": 31.936201, "fair_value": 28.855413, "relative_strength": -2.417744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.370401, "energy": 66.261674, "activity_lines": [ 33.787735, 33.644212, 33.2387, 32.736453 ] }, { "date": "2025-10-17", "close": 33.90268, "volume": 58966, "typical_volume": 114061.9, "trend": 32.060463, "fair_value": 28.897125, "relative_strength": -3.154664, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.206832, "energy": 66.253528, "activity_lines": [ 33.827836, 33.718543, 33.340435, 32.863323 ] }, { "date": "2025-10-24", "close": 34.29094, "volume": 62408, "typical_volume": 115973.55, "trend": 32.195816, "fair_value": 28.941337, "relative_strength": -3.835808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.400343, "energy": 70.472893, "activity_lines": [ 33.981325, 33.846614, 33.467734, 33.007225 ] }, { "date": "2025-10-31", "close": 34.402779, "volume": 54872, "typical_volume": 116158.7, "trend": 32.402752, "fair_value": 28.985739, "relative_strength": -4.1143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.072934, "energy": 71.117799, "activity_lines": [ 34.138669, 33.974195, 33.593745, 33.149609 ] }, { "date": "2025-11-07", "close": 34.160427, "volume": 66561, "typical_volume": 116659.25, "trend": 32.56191, "fair_value": 29.02747, "relative_strength": -3.179272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.833394, "energy": 65.536764, "activity_lines": [ 34.178948, 34.03666, 33.684393, 33.263008 ] }, { "date": "2025-11-14", "close": 34.209891, "volume": 107810, "typical_volume": 109820.55, "trend": 32.729573, "fair_value": 29.06893, "relative_strength": -3.119211, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.211156, "energy": 64.649456, "activity_lines": [ 34.225604, 34.091521, 33.768768, 33.369329 ] }, { "date": "2025-11-21", "close": 33.822128, "volume": 199067, "typical_volume": 109813.1, "trend": 32.852186, "fair_value": 29.106654, "relative_strength": -2.307683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.060564, "energy": 53.695487, "activity_lines": [ 34.101866, 34.061388, 33.806363, 33.439817 ] }, { "date": "2025-11-28", "close": 34.630829, "volume": 107846, "typical_volume": 109182.75, "trend": 32.983593, "fair_value": 29.150151, "relative_strength": -3.488907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.486404, "energy": 57.585832, "activity_lines": [ 34.253064, 34.175384, 33.914346, 33.554568 ] }, { "date": "2025-12-05", "close": 34.754389, "volume": 86894, "typical_volume": 109870.75, "trend": 33.11929, "fair_value": 29.193934, "relative_strength": -3.428984, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.605348, "energy": 61.546331, "activity_lines": [ 34.42279, 34.296549, 34.023368, 33.668813 ] }, { "date": "2025-12-12", "close": 34.661322, "volume": 55451, "typical_volume": 110716.35, "trend": 33.223481, "fair_value": 29.236317, "relative_strength": -3.08572, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.92579, "energy": 59.087222, "activity_lines": [ 34.538053, 34.384506, 34.112984, 33.768299 ] }, { "date": "2025-12-19", "close": 34.695688, "volume": 123967, "typical_volume": 110460.3, "trend": 33.340678, "fair_value": 29.278312, "relative_strength": -3.04861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.635929, "energy": 62.31184, "activity_lines": [ 34.631379, 34.466846, 34.197233, 33.86328 ] }, { "date": "2025-12-26", "close": 35.1, "volume": 43849, "typical_volume": 106359.75, "trend": 33.460485, "fair_value": 29.322753, "relative_strength": -3.240048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.872508, "energy": 72.94885, "activity_lines": [ 34.827088, 34.602645, 34.309282, 33.976784 ] }, { "date": "2026-01-02", "close": 34.82, "volume": 56669, "typical_volume": 102134.1, "trend": 33.561689, "fair_value": 29.364398, "relative_strength": -2.958342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.28894, "energy": 55.946422, "activity_lines": [ 34.844273, 34.665765, 34.384549, 34.064495 ] }, { "date": "2026-01-09", "close": 35.13, "volume": 62301, "typical_volume": 99911.2, "trend": 33.671902, "fair_value": 29.407749, "relative_strength": -3.549329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.667257, "energy": 60.095354, "activity_lines": [ 34.95218, 34.775629, 34.481367, 34.165676 ] }, { "date": "2026-01-16", "close": 35.1, "volume": 407971, "typical_volume": 116382.9, "trend": 33.780111, "fair_value": 29.450228, "relative_strength": -3.242043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.823556, "energy": 58.675832, "activity_lines": [ 35.025046, 34.866817, 34.566351, 34.257812 ] }, { "date": "2026-01-23", "close": 34.98, "volume": 84447, "typical_volume": 117743.3, "trend": 33.87473, "fair_value": 29.491189, "relative_strength": -3.194203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.732982, "energy": 51.785333, "activity_lines": [ 35.028667, 34.919103, 34.631085, 34.335224 ] }, { "date": "2026-01-30", "close": 35.09, "volume": 59632, "typical_volume": 117840.55, "trend": 33.963413, "fair_value": 29.532357, "relative_strength": -3.221644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.724684, "energy": 49.414484, "activity_lines": [ 35.05, 34.977388, 34.698833, 34.413628 ] }, { "date": "2026-02-06", "close": 35.11, "volume": 193989, "typical_volume": 126439.7, "trend": 34.054485, "fair_value": 29.57307, "relative_strength": -2.9238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.675626, "energy": 45.40771, "activity_lines": [ 35.078667, 35.016256, 34.761687, 34.487602 ] }, { "date": "2026-02-13", "close": 34.7868, "volume": 150477, "typical_volume": 131115.7, "trend": 34.129363, "fair_value": 29.610851, "relative_strength": -2.531912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.116197, "energy": 32.816308, "activity_lines": [ 34.980267, 34.987649, 34.787471, 34.534848 ] }, { "date": "2026-02-20", "close": 35.0, "volume": 90372, "typical_volume": 108693.45, "trend": 34.201135, "fair_value": 29.649621, "relative_strength": -2.969601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.107847, "energy": 30.980761, "activity_lines": [ 34.975813, 34.997216, 34.829141, 34.591018 ] }, { "date": "2026-02-27", "close": 34.88, "volume": 35579, "typical_volume": 105456.4, "trend": 34.282216, "fair_value": 29.686981, "relative_strength": -2.751692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.031985, "energy": 25.875773, "activity_lines": [ 34.938027, 34.978807, 34.854662, 34.634816 ] }, { "date": "2026-03-06", "close": 34.49, "volume": 60353, "typical_volume": 105525.75, "trend": 34.33269, "fair_value": 29.721045, "relative_strength": -1.815014, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.32151, "energy": 16.066743, "activity_lines": [ 34.776907, 34.886138, 34.83691, 34.648221 ] }, { "date": "2026-03-13", "close": 34.15, "volume": 60708, "typical_volume": 105440.75, "trend": 34.366169, "fair_value": 29.752235, "relative_strength": -1.211436, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.111869, "energy": 15.396305, "activity_lines": [ 34.542453, 34.742742, 34.78398, 34.636435 ] }, { "date": "2026-03-20", "close": 33.8, "volume": 144505, "typical_volume": 109922.4, "trend": 34.384674, "fair_value": 29.780541, "relative_strength": -0.358098, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.877603, "energy": 36.993232, "activity_lines": [ 34.255333, 34.547891, 34.698389, 34.599908 ] }, { "date": "2026-03-27", "close": 33.4292, "volume": 724920, "typical_volume": 142840.35, "trend": 34.390726, "fair_value": 29.805879, "relative_strength": 0.884869, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.426489, "energy": 61.658638, "activity_lines": [ 33.9104, 34.309804, 34.580353, 34.538264 ] }, { "date": "2026-04-03", "close": 34.26, "volume": 197309, "typical_volume": 147315.3, "trend": 34.418965, "fair_value": 29.836597, "relative_strength": 0.119569, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.620935, "energy": 51.603421, "activity_lines": [ 33.94712, 34.253149, 34.544923, 34.52983 ] }, { "date": "2026-04-10", "close": 35.07, "volume": 127285, "typical_volume": 143726.2, "trend": 34.465892, "fair_value": 29.872442, "relative_strength": -0.929603, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 0.899763, "energy": 14.161807, "activity_lines": [ 34.295173, 34.356858, 34.586398, 34.571833 ] }, { "date": "2026-04-17", "close": 35.86, "volume": 112749, "typical_volume": 143971.35, "trend": 34.534907, "fair_value": 29.913174, "relative_strength": -2.874715, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.529729, "energy": 30.556221, "activity_lines": [ 34.867893, 34.604567, 34.697168, 34.661775 ] }, { "date": "2026-04-24", "close": 36.02, "volume": 67527, "typical_volume": 143003.0, "trend": 34.606954, "fair_value": 29.954436, "relative_strength": -2.783759, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.067666, "energy": 54.029507, "activity_lines": [ 35.379947, 34.867731, 34.817323, 34.757588 ] }, { "date": "2026-05-01", "close": 36.21, "volume": 266408, "typical_volume": 153550.85, "trend": 34.680329, "fair_value": 29.99642, "relative_strength": -3.018398, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.85669, "energy": 76.278632, "activity_lines": [ 35.807333, 35.143018, 34.949547, 34.86101 ] }, { "date": "2026-05-08", "close": 36.485, "volume": 68663, "typical_volume": 150785.65, "trend": 34.776736, "fair_value": 30.039677, "relative_strength": -4.333603, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.535569, "energy": 86.469986, "activity_lines": [ 36.141, 35.446305, 35.100587, 34.97744 ] }, { "date": "2026-05-15", "close": 36.5701, "volume": 35337, "typical_volume": 150360.05, "trend": 34.86565, "fair_value": 30.082925, "relative_strength": -4.161592, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.50782, "energy": 87.712123, "activity_lines": [ 36.3547, 35.735884, 35.25121, 35.093141 ] }, { "date": "2026-05-22", "close": 36.739, "volume": 82995, "typical_volume": 151676.35, "trend": 34.947252, "fair_value": 30.126715, "relative_strength": -4.369625, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.689137, "energy": 88.216833, "activity_lines": [ 36.524693, 36.018351, 35.41092, 35.214002 ] }, { "date": "2026-05-29", "close": 36.88, "volume": 73442, "typical_volume": 152233.4, "trend": 35.029826, "fair_value": 30.170854, "relative_strength": -5.190087, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.283823, "energy": 87.736456, "activity_lines": [ 36.683087, 36.279382, 35.574919, 35.338696 ] }, { "date": "2026-06-05", "close": 36.5775, "volume": 60443, "typical_volume": 134857.0, "trend": 35.110395, "fair_value": 30.212456, "relative_strength": -3.40748, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.187219, "energy": 67.864211, "activity_lines": [ 36.683313, 36.429413, 35.701776, 35.438546 ] }, { "date": "2026-06-12", "close": 36.6918, "volume": 90726, "typical_volume": 135170.95, "trend": 35.193125, "fair_value": 30.254258, "relative_strength": -3.4934, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.12841, "energy": 58.218119, "activity_lines": [ 36.69714, 36.542984, 35.832482, 35.540572 ] }, { "date": "2026-06-19", "close": 36.9164, "volume": 116222, "typical_volume": 138000.45, "trend": 35.296268, "fair_value": 30.296964, "relative_strength": -3.625193, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.617353, "energy": 59.779332, "activity_lines": [ 36.772047, 36.653176, 35.976428, 35.651751 ] }, { "date": "2026-06-26", "close": 36.6696, "volume": 153477, "typical_volume": 135974.85, "trend": 35.364227, "fair_value": 30.372129, "relative_strength": -1.844888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.945623, "energy": 53.030583, "activity_lines": [ 36.7416, 36.684925, 36.088172, 35.740353 ] }, { "date": "2026-07-03", "close": 36.9307, "volume": 65385, "typical_volume": 131720.25, "trend": 35.43677, "fair_value": 30.449953, "relative_strength": -3.138333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.17892, "energy": 56.393749, "activity_lines": [ 36.802813, 36.749427, 36.217356, 35.841416 ] }, { "date": "2026-07-10", "close": 37.26, "volume": 79604, "typical_volume": 131181.85, "trend": 35.523393, "fair_value": 30.527628, "relative_strength": -3.477303, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.642412, "energy": 77.272676, "activity_lines": [ 36.970413, 36.857244, 36.367692, 35.959044 ] }, { "date": "2026-07-17", "close": 37.02, "volume": 156736, "typical_volume": 137239.7, "trend": 35.60087, "fair_value": 30.602904, "relative_strength": -2.498618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.540898, "energy": 75.096866, "activity_lines": [ 37.012513, 36.902333, 36.48441, 36.055599 ] }, { "date": "2026-07-24", "close": 36.814, "volume": 153249, "typical_volume": 141884.5, "trend": 35.658003, "fair_value": 30.675978, "relative_strength": -2.384328, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.287992, "energy": 63.583918, "activity_lines": [ 36.964067, 36.90024, 36.571318, 36.133865 ] }, { "date": "2026-07-31", "close": 37.12, "volume": 47321, "typical_volume": 141215.15, "trend": 35.73467, "fair_value": 30.752927, "relative_strength": -2.527178, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.607814, "energy": 56.777945, "activity_lines": [ 37.024447, 36.949349, 36.676302, 36.228188 ] }, { "date": "2026-08-07", "close": 37.8405, "volume": 91808, "typical_volume": 138580.3, "trend": 35.82502, "fair_value": 30.834522, "relative_strength": -3.882954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.202034, "energy": 67.232217, "activity_lines": [ 37.294967, 37.122531, 36.835763, 36.364048 ] } ], "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." } } }