{ "ticker": { "uuid": "22366304-b409-4701-a9f2-024576bfccd6", "symbol": "PFRL", "name": "PGIM ETF TRUST FLOATING RATE INCOME ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 78.418, "architecture_energy": 71.769, "architecture_maturity": 36.11, "architecture_confidence": 78.175, "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": 9.87, "rotation_up": 68.77, "upward_expansion": 92.27, "deceleration": 44.39, "rotation_down": 21.28, "downward_expansion": 14.27 }, "activity_lines": [ 49.47657, 49.392117, 49.255051, 49.056341 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 1.0 }, "latest_close": 49.6, "trend_reference": 48.828116, "distance_from_trend": 0.015808, "trend_direction": "Improving", "fair_value": 45.384742, "distance_from_fair_value": 0.092878, "fair_value_direction": "Weakening", "relative_strength": -8.820009, "relative_strength_direction": "Improving", "price_momentum": 0.023567, "excess_performance": -0.102057, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.015808, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.008029, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.092878, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.006936, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.0882, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.002796, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.023567, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.492354, "read": "Demand-led" } ], "volume": { "latest": 132410, "relative_activity": 2.050971, "balance": 2.492354, "dry_up": 1.332392, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.004717, "annualized_volatility": 0.022302, "from_high_reference": -0.001208, "from_low_reference": 0.047684 }, "levels": { "trend_reference": 48.828116, "fair_value_reference": 45.384742, "structural_low": 47.885875, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 29, "median_return": 0.005999, "positive_rate": 0.793103, "directional_follow_through": 0.793103, "median_excess_return": -0.015039, "regime_survival": 0.896552, "best_return": 0.018506, "worst_return": -0.007436, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.016165, "positive_rate": 0.9, "directional_follow_through": 0.9, "median_excess_return": -0.030474, "regime_survival": 0.8, "best_return": 0.039017, "worst_return": -0.00132, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.035685, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.094692, "regime_survival": 0.8, "best_return": 0.062285, "worst_return": 0.019558, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.082955, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.156121, "regime_survival": 1.0, "best_return": 0.110627, "worst_return": 0.055284, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2025-03-14", "tenure": "Extended", "return": 0.118223, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": 0.001283, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.073414, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-23", "tenure": "New", "return": 0.018145, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.004595, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-10-10", "tenure": "Established", "return": 0.019854, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-11-07", "tenure": "New", "return": 0.004639, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-14", "end": "2026-02-20", "tenure": "Established", "return": 0.011244, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-27", "end": "2026-04-17", "tenure": "Developing", "return": 0.017361, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.014035, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 39.912122, "volume": 15460, "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": 39.99121, "volume": 8503, "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": 40.140134, "volume": 32479, "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": 40.267753, "volume": 17679, "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": 40.455194, "volume": 40110, "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": 40.479122, "volume": 22056, "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": 40.239837, "volume": 633356, "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": 40.053071, "volume": 46254, "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": 40.246136, "volume": 28318, "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": 40.153626, "volume": 16854, "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": 40.113967, "volume": 25128, "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": 40.378096, "volume": 23931, "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": 40.564994, "volume": 49074, "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": 40.731577, "volume": 67967, "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": 40.841278, "volume": 7098, "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": 40.957155, "volume": 19006, "typical_volume": 59490.2, "trend": 39.707515, "fair_value": 37.911575, "relative_strength": -3.792948, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.585747, "energy": 92.132847, "activity_lines": [ 40.790247, 40.572508, 40.395364, 40.145858 ] }, { "date": "2023-12-08", "close": 41.060519, "volume": 22417, "typical_volume": 56503.15, "trend": 39.807122, "fair_value": 37.950451, "relative_strength": -3.671771, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.828236, "energy": 92.745198, "activity_lines": [ 40.912213, 40.687516, 40.475819, 40.233149 ] }, { "date": "2023-12-15", "close": 41.375769, "volume": 30923, "typical_volume": 56616.1, "trend": 39.915174, "fair_value": 37.992223, "relative_strength": -5.02753, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.857709, "energy": 95.827844, "activity_lines": [ 41.093768, 40.844921, 40.579322, 40.334352 ] }, { "date": "2023-12-22", "close": 41.615972, "volume": 9204, "typical_volume": 56396.1, "trend": 40.02883, "fair_value": 38.035883, "relative_strength": -5.162531, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.675296, "energy": 96.17225, "activity_lines": [ 41.301339, 41.02195, 40.697842, 40.444081 ] }, { "date": "2023-12-29", "close": 41.715117, "volume": 8510, "typical_volume": 56216.35, "trend": 40.141242, "fair_value": 38.079683, "relative_strength": -5.079469, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.651339, "energy": 95.897318, "activity_lines": [ 41.482998, 41.192099, 40.816674, 40.552874 ] }, { "date": "2024-01-05", "close": 41.818865, "volume": 12563, "typical_volume": 56071.5, "trend": 40.249034, "fair_value": 38.123674, "relative_strength": -3.192357, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.985746, "energy": 95.263799, "activity_lines": [ 41.640984, 41.352721, 40.936124, 40.661107 ] }, { "date": "2024-01-12", "close": 41.943363, "volume": 15551, "typical_volume": 56423.9, "trend": 40.353989, "fair_value": 38.168089, "relative_strength": -4.543826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.821672, "energy": 95.310002, "activity_lines": [ 41.783023, 41.504981, 41.058352, 40.770419 ] }, { "date": "2024-01-19", "close": 42.018062, "volume": 11815, "typical_volume": 55390.7, "trend": 40.459233, "fair_value": 38.212341, "relative_strength": -5.331396, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.246507, "energy": 94.386895, "activity_lines": [ 41.891104, 41.642363, 41.178399, 40.877778 ] }, { "date": "2024-01-26", "close": 42.059561, "volume": 17672, "typical_volume": 55390.35, "trend": 40.55656, "fair_value": 38.25606, "relative_strength": -6.048236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.476247, "energy": 92.701991, "activity_lines": [ 41.970199, 41.760871, 41.293454, 40.981025 ] }, { "date": "2024-02-02", "close": 42.238824, "volume": 14775, "typical_volume": 54123.6, "trend": 40.655666, "fair_value": 38.30081, "relative_strength": -6.823277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.699972, "energy": 94.52326, "activity_lines": [ 42.079476, 41.887827, 41.417051, 41.089559 ] }, { "date": "2024-02-09", "close": 42.264015, "volume": 17200, "typical_volume": 53880.8, "trend": 40.747494, "fair_value": 38.344845, "relative_strength": -7.839847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.356712, "energy": 82.828128, "activity_lines": [ 42.162236, 41.993953, 41.534553, 41.193323 ] }, { "date": "2024-02-16", "close": 42.329462, "volume": 15435, "typical_volume": 22984.75, "trend": 40.838624, "fair_value": 38.388632, "relative_strength": -7.189267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.824062, "energy": 80.968419, "activity_lines": [ 42.237135, 42.088218, 41.649788, 41.295385 ] }, { "date": "2024-02-23", "close": 42.525551, "volume": 13412, "typical_volume": 21342.65, "trend": 40.93197, "fair_value": 38.433599, "relative_strength": -8.02984, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.405266, "energy": 74.762169, "activity_lines": [ 42.351657, 42.195063, 41.773748, 41.404219 ] }, { "date": "2024-03-01", "close": 42.555178, "volume": 39776, "typical_volume": 21915.55, "trend": 41.02719, "fair_value": 38.477917, "relative_strength": -8.618969, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.554445, "energy": 73.029733, "activity_lines": [ 42.442222, 42.28639, 41.888756, 41.508943 ] }, { "date": "2024-03-08", "close": 42.690167, "volume": 29862, "typical_volume": 22565.95, "trend": 41.124523, "fair_value": 38.522728, "relative_strength": -7.800812, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.503056, "energy": 73.553116, "activity_lines": [ 42.544743, 42.385184, 42.005624, 41.616231 ] }, { "date": "2024-03-15", "close": 42.791408, "volume": 41429, "typical_volume": 23381.0, "trend": 41.220499, "fair_value": 38.567662, "relative_strength": -7.270564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.908414, "energy": 73.904278, "activity_lines": [ 42.65092, 42.484658, 42.120056, 41.723772 ] }, { "date": "2024-03-22", "close": 42.909523, "volume": 190457, "typical_volume": 31707.3, "trend": 41.317777, "fair_value": 38.612889, "relative_strength": -8.782314, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.597116, "energy": 74.13007, "activity_lines": [ 42.76131, 42.587924, 42.232987, 41.832742 ] }, { "date": "2024-03-29", "close": 43.036075, "volume": 72420, "typical_volume": 32874.6, "trend": 41.414308, "fair_value": 38.658489, "relative_strength": -8.614188, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.403791, "energy": 74.430724, "activity_lines": [ 42.875214, 42.696633, 42.345916, 41.9436 ] }, { "date": "2024-04-05", "close": 43.016883, "volume": 72776, "typical_volume": 33115.05, "trend": 41.505946, "fair_value": 38.702963, "relative_strength": -7.620863, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.962288, "energy": 74.947595, "activity_lines": [ 42.948684, 42.783343, 42.445251, 42.046991 ] }, { "date": "2024-04-12", "close": 43.012636, "volume": 86624, "typical_volume": 37091.35, "trend": 41.591194, "fair_value": 38.746495, "relative_strength": -6.07126, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.051017, "energy": 69.456227, "activity_lines": [ 42.989959, 42.851876, 42.533298, 42.144197 ] }, { "date": "2024-04-19", "close": 42.849097, "volume": 42349, "typical_volume": 38258.5, "trend": 41.670193, "fair_value": 38.787521, "relative_strength": -3.311708, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.736579, "energy": 66.950957, "activity_lines": [ 42.955223, 42.876604, 42.595431, 42.225352 ] }, { "date": "2024-04-26", "close": 43.065393, "volume": 76218, "typical_volume": 40948.55, "trend": 41.764378, "fair_value": 38.829876, "relative_strength": -5.154662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.683634, "energy": 67.939315, "activity_lines": [ 42.98874, 42.930021, 42.669154, 42.315365 ] }, { "date": "2024-05-03", "close": 43.19087, "volume": 22670, "typical_volume": 40535.9, "trend": 41.868971, "fair_value": 38.872631, "relative_strength": -5.254118, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.901085, "energy": 69.247275, "activity_lines": [ 43.053691, 42.992872, 42.74528, 42.407397 ] }, { "date": "2024-05-10", "close": 43.281404, "volume": 23304, "typical_volume": 41240.9, "trend": 41.970147, "fair_value": 38.915434, "relative_strength": -6.579809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.214217, "energy": 69.443599, "activity_lines": [ 43.138501, 43.060087, 42.821385, 42.498522 ] }, { "date": "2024-05-17", "close": 43.452373, "volume": 25759, "typical_volume": 42103.35, "trend": 42.080105, "fair_value": 38.959059, "relative_strength": -7.529061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.33147, "energy": 72.471098, "activity_lines": [ 43.262665, 43.145183, 42.905842, 42.594149 ] }, { "date": "2024-05-24", "close": 43.46538, "volume": 73277, "typical_volume": 45139.05, "trend": 42.191819, "fair_value": 39.001976, "relative_strength": -7.294922, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.375582, "energy": 89.771667, "activity_lines": [ 43.361849, 43.218785, 42.983265, 42.683522 ] }, { "date": "2024-05-31", "close": 43.508165, "volume": 25409, "typical_volume": 45631.95, "trend": 42.296155, "fair_value": 39.044487, "relative_strength": -6.669028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.566064, "energy": 89.774187, "activity_lines": [ 43.434209, 43.287913, 43.056923, 42.768447 ] }, { "date": "2024-06-07", "close": 43.518078, "volume": 57773, "typical_volume": 47929.85, "trend": 42.394591, "fair_value": 39.086297, "relative_strength": -7.616221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.635646, "energy": 89.292414, "activity_lines": [ 43.480356, 43.347958, 43.124073, 42.847281 ] }, { "date": "2024-06-14", "close": 43.481096, "volume": 26304, "typical_volume": 48361.45, "trend": 42.486241, "fair_value": 39.126989, "relative_strength": -9.005173, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.920313, "energy": 81.302903, "activity_lines": [ 43.492361, 43.392516, 43.180558, 42.917378 ] }, { "date": "2024-06-21", "close": 43.524198, "volume": 68151, "typical_volume": 51030.25, "trend": 42.575672, "fair_value": 39.167331, "relative_strength": -9.278792, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.070107, "energy": 67.411723, "activity_lines": [ 43.505421, 43.43647, 43.234379, 42.984343 ] }, { "date": "2024-06-28", "close": 43.575317, "volume": 30660, "typical_volume": 51703.25, "trend": 42.662944, "fair_value": 39.207403, "relative_strength": -8.935649, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.187798, "energy": 67.690542, "activity_lines": [ 43.530732, 43.480418, 43.286947, 43.048836 ] }, { "date": "2024-07-05", "close": 43.762947, "volume": 79349, "typical_volume": 54898.95, "trend": 42.753025, "fair_value": 39.248444, "relative_strength": -10.02773, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.043488, "energy": 71.951592, "activity_lines": [ 43.611258, 43.545276, 43.351141, 43.119804 ] }, { "date": "2024-07-12", "close": 43.834099, "volume": 52619, "typical_volume": 56859.3, "trend": 42.834969, "fair_value": 39.289387, "relative_strength": -10.528581, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.948724, "energy": 72.357436, "activity_lines": [ 43.698515, 43.610388, 43.415285, 43.189551 ] }, { "date": "2024-07-19", "close": 43.839739, "volume": 54042, "typical_volume": 57572.6, "trend": 42.909095, "fair_value": 39.329656, "relative_strength": -8.544353, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.611007, "energy": 70.843269, "activity_lines": [ 43.766584, 43.664831, 43.473735, 43.254375 ] }, { "date": "2024-07-26", "close": 43.99289, "volume": 28807, "typical_volume": 57519.85, "trend": 42.985021, "fair_value": 39.370562, "relative_strength": -7.30762, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.189875, "energy": 88.79026, "activity_lines": [ 43.861794, 43.736967, 43.540654, 43.324297 ] }, { "date": "2024-08-02", "close": 43.862596, "volume": 46550, "typical_volume": 57775.9, "trend": 43.053145, "fair_value": 39.409623, "relative_strength": -5.418308, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.884753, "energy": 76.025042, "activity_lines": [ 43.882327, 43.775586, 43.58896, 43.380915 ] }, { "date": "2024-08-09", "close": 43.884003, "volume": 108112, "typical_volume": 53658.65, "trend": 43.117833, "fair_value": 39.448195, "relative_strength": -5.217206, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.612585, "energy": 65.08352, "activity_lines": [ 43.890843, 43.810875, 43.634205, 43.434519 ] }, { "date": "2024-08-16", "close": 43.975396, "volume": 31875, "typical_volume": 51631.4, "trend": 43.183077, "fair_value": 39.486889, "relative_strength": -8.401455, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.128659, "energy": 66.742679, "activity_lines": [ 43.921753, 43.855948, 43.683513, 43.489845 ] }, { "date": "2024-08-23", "close": 44.185094, "volume": 38260, "typical_volume": 49905.6, "trend": 43.253929, "fair_value": 39.526704, "relative_strength": -8.970711, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.700424, "energy": 70.415291, "activity_lines": [ 44.013143, 43.930833, 43.748319, 43.554492 ] }, { "date": "2024-08-30", "close": 44.317204, "volume": 29012, "typical_volume": 47025.0, "trend": 43.323208, "fair_value": 39.566961, "relative_strength": -8.71387, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.05784, "energy": 72.086647, "activity_lines": [ 44.125546, 44.016938, 43.820144, 43.62309 ] }, { "date": "2024-09-06", "close": 44.275605, "volume": 46932, "typical_volume": 47254.15, "trend": 43.390261, "fair_value": 39.606199, "relative_strength": -4.656796, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.805596, "energy": 74.976748, "activity_lines": [ 44.202461, 44.081061, 43.881795, 43.684535 ] }, { "date": "2024-09-13", "close": 44.380428, "volume": 23220, "typical_volume": 44604.25, "trend": 43.458626, "fair_value": 39.645656, "relative_strength": -7.839747, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.658594, "energy": 84.432736, "activity_lines": [ 44.286784, 44.15151, 43.946637, 43.748417 ] }, { "date": "2024-09-20", "close": 44.525649, "volume": 24319, "typical_volume": 44686.7, "trend": 43.525296, "fair_value": 39.685656, "relative_strength": -8.486174, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.390914, "energy": 87.795791, "activity_lines": [ 44.386418, 44.237136, 44.019047, 43.817257 ] }, { "date": "2024-09-27", "close": 44.552053, "volume": 13793, "typical_volume": 44211.15, "trend": 43.591859, "fair_value": 39.72522, "relative_strength": -8.589618, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.379454, "energy": 81.067047, "activity_lines": [ 44.458171, 44.314989, 44.087616, 43.883499 ] }, { "date": "2024-10-04", "close": 44.662576, "volume": 46309, "typical_volume": 45238.65, "trend": 43.657606, "fair_value": 39.765037, "relative_strength": -8.261731, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.03737, "energy": 80.641671, "activity_lines": [ 44.5423, 44.399986, 44.160659, 43.952578 ] }, { "date": "2024-10-11", "close": 44.8265, "volume": 73641, "typical_volume": 45256.85, "trend": 43.725442, "fair_value": 39.805529, "relative_strength": -8.617961, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.735348, "energy": 80.719188, "activity_lines": [ 44.658046, 44.502612, 44.243552, 44.02799 ] }, { "date": "2024-10-18", "close": 44.937259, "volume": 41187, "typical_volume": 46045.75, "trend": 43.793033, "fair_value": 39.846257, "relative_strength": -8.767716, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.90258, "energy": 78.120794, "activity_lines": [ 44.773985, 44.607849, 44.330512, 44.106172 ] }, { "date": "2024-10-25", "close": 44.972968, "volume": 18142, "typical_volume": 44064.2, "trend": 43.857597, "fair_value": 39.886625, "relative_strength": -7.36905, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.407464, "energy": 82.695281, "activity_lines": [ 44.864705, 44.70043, 44.414067, 44.182297 ] }, { "date": "2024-11-01", "close": 45.060778, "volume": 41887, "typical_volume": 44843.35, "trend": 43.925726, "fair_value": 39.927048, "relative_strength": -5.557849, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.858451, "energy": 79.044326, "activity_lines": [ 44.954874, 44.790838, 44.499058, 44.259921 ] }, { "date": "2024-11-08", "close": 45.185674, "volume": 42683, "typical_volume": 43569.95, "trend": 43.998161, "fair_value": 39.967812, "relative_strength": -9.222989, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.997885, "energy": 85.854135, "activity_lines": [ 45.05276, 44.888033, 44.58842, 44.341208 ] }, { "date": "2024-11-15", "close": 45.260612, "volume": 43330, "typical_volume": 44203.45, "trend": 44.078545, "fair_value": 40.008526, "relative_strength": -6.833194, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.900079, "energy": 85.228449, "activity_lines": [ 45.140752, 44.983062, 44.677008, 44.422657 ] }, { "date": "2024-11-22", "close": 45.506836, "volume": 73586, "typical_volume": 43915.3, "trend": 44.159926, "fair_value": 40.050498, "relative_strength": -7.550736, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.517219, "energy": 88.872863, "activity_lines": [ 45.281878, 45.104951, 44.781021, 44.514805 ] }, { "date": "2024-11-29", "close": 45.488102, "volume": 35935, "typical_volume": 43081.1, "trend": 44.236501, "fair_value": 40.091692, "relative_strength": -8.350172, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.120057, "energy": 89.668707, "activity_lines": [ 45.378788, 45.202953, 44.874945, 44.600493 ] }, { "date": "2024-12-06", "close": 45.56351, "volume": 52363, "typical_volume": 42997.15, "trend": 44.312571, "fair_value": 40.132834, "relative_strength": -8.662816, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.443299, "energy": 79.716525, "activity_lines": [ 45.466491, 45.297166, 44.968175, 44.686107 ] }, { "date": "2024-12-13", "close": 45.626332, "volume": 44562, "typical_volume": 43784.9, "trend": 44.385036, "fair_value": 40.17383, "relative_strength": -7.700414, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.059126, "energy": 72.725371, "activity_lines": [ 45.541619, 45.384412, 45.059179, 44.770866 ] }, { "date": "2024-12-20", "close": 45.632973, "volume": 79424, "typical_volume": 45428.6, "trend": 44.457289, "fair_value": 40.214268, "relative_strength": -5.699655, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.760564, "energy": 69.422066, "activity_lines": [ 45.589584, 45.455342, 45.143038, 44.851378 ] }, { "date": "2024-12-27", "close": 45.637101, "volume": 48986, "typical_volume": 42472.3, "trend": 44.528254, "fair_value": 40.254142, "relative_strength": -6.033858, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.174738, "energy": 67.758613, "activity_lines": [ 45.614101, 45.51236, 45.218859, 44.927495 ] }, { "date": "2025-01-03", "close": 45.777732, "volume": 60045, "typical_volume": 43880.8, "trend": 44.603576, "fair_value": 40.29446, "relative_strength": -4.961869, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.553585, "energy": 69.969111, "activity_lines": [ 45.67681, 45.582222, 45.299725, 45.008106 ] }, { "date": "2025-01-10", "close": 45.795878, "volume": 77591, "typical_volume": 45847.35, "trend": 44.680735, "fair_value": 40.334325, "relative_strength": -2.812323, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.014708, "energy": 67.989133, "activity_lines": [ 45.72626, 45.640752, 45.373738, 45.085029 ] }, { "date": "2025-01-17", "close": 45.896044, "volume": 60289, "typical_volume": 47411.2, "trend": 44.759797, "fair_value": 40.374338, "relative_strength": -5.128829, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.914364, "energy": 68.966571, "activity_lines": [ 45.793607, 45.704128, 45.449619, 45.163436 ] }, { "date": "2025-01-24", "close": 45.990947, "volume": 45166, "typical_volume": 47322.9, "trend": 44.840317, "fair_value": 40.414456, "relative_strength": -6.295751, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.238314, "energy": 69.878452, "activity_lines": [ 45.874607, 45.771843, 45.527021, 45.242865 ] }, { "date": "2025-01-31", "close": 46.018166, "volume": 56183, "typical_volume": 48971.05, "trend": 44.915491, "fair_value": 40.454199, "relative_strength": -5.054333, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.226021, "energy": 69.024486, "activity_lines": [ 45.940816, 45.831229, 45.598846, 45.318855 ] }, { "date": "2025-02-07", "close": 45.976925, "volume": 127162, "typical_volume": 54113.2, "trend": 44.986919, "fair_value": 40.493091, "relative_strength": -4.771787, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.835423, "energy": 65.687866, "activity_lines": [ 45.967873, 45.873819, 45.658945, 45.387335 ] }, { "date": "2025-02-14", "close": 46.135715, "volume": 65032, "typical_volume": 56675.15, "trend": 45.063452, "fair_value": 40.53255, "relative_strength": -5.613037, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.933368, "energy": 67.899147, "activity_lines": [ 46.034581, 45.936393, 45.727257, 45.461451 ] }, { "date": "2025-02-21", "close": 46.085523, "volume": 78605, "typical_volume": 58289.95, "trend": 45.133206, "fair_value": 40.571112, "relative_strength": -3.997815, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.699285, "energy": 64.465675, "activity_lines": [ 46.061902, 45.979437, 45.783246, 45.527391 ] }, { "date": "2025-02-28", "close": 46.1129, "volume": 155975, "typical_volume": 62406.65, "trend": 45.208216, "fair_value": 40.609332, "relative_strength": -2.85938, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.102303, "energy": 61.016825, "activity_lines": [ 46.085717, 46.019109, 45.835067, 45.590597 ] }, { "date": "2025-03-07", "close": 45.955164, "volume": 116573, "typical_volume": 66175.95, "trend": 45.277255, "fair_value": 40.645947, "relative_strength": -0.009162, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.409753, "energy": 50.733535, "activity_lines": [ 46.048823, 46.021377, 45.86574, 45.638787 ] }, { "date": "2025-03-14", "close": 45.799229, "volume": 143593, "typical_volume": 72448.5, "trend": 45.338049, "fair_value": 40.681003, "relative_strength": 2.05563, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.631232, "energy": 34.789976, "activity_lines": [ 45.964151, 45.989509, 45.876715, 45.672463 ] }, { "date": "2025-03-21", "close": 45.772444, "volume": 35385, "typical_volume": 72123.4, "trend": 45.390961, "fair_value": 40.715405, "relative_strength": 1.533272, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.106543, "energy": 23.230276, "activity_lines": [ 45.882397, 45.952381, 45.881204, 45.700488 ] }, { "date": "2025-03-28", "close": 45.83115, "volume": 61517, "typical_volume": 73065.1, "trend": 45.441426, "fair_value": 40.749739, "relative_strength": 3.206571, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.655815, "energy": 21.68688, "activity_lines": [ 45.844429, 45.926353, 45.887896, 45.728888 ] }, { "date": "2025-04-04", "close": 42.183601, "volume": 878628, "typical_volume": 114830.0, "trend": 45.371692, "fair_value": 40.759298, "relative_strength": 4.477799, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.385981, "energy": 66.840862, "activity_lines": [ 44.607571, 45.238314, 45.544128, 45.518705 ] }, { "date": "2025-04-11", "close": 44.578928, "volume": 608708, "typical_volume": 141586.1, "trend": 45.378309, "fair_value": 40.784593, "relative_strength": 4.528651, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.224622, "energy": 47.3713, "activity_lines": [ 44.431107, 45.055013, 45.443139, 45.467559 ] }, { "date": "2025-04-18", "close": 44.791231, "volume": 37968, "typical_volume": 141687.75, "trend": 45.387162, "fair_value": 40.810953, "relative_strength": 6.59415, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.401878, "energy": 53.572858, "activity_lines": [ 44.417161, 44.936481, 45.366787, 45.429683 ] }, { "date": "2025-04-25", "close": 45.28045, "volume": 71324, "typical_volume": 142635.8, "trend": 45.411442, "fair_value": 40.840165, "relative_strength": 3.105444, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.693621, "energy": 45.415527, "activity_lines": [ 44.633487, 44.928456, 45.340347, 45.422799 ] }, { "date": "2025-05-02", "close": 45.473709, "volume": 52140, "typical_volume": 143014.7, "trend": 45.438479, "fair_value": 40.870253, "relative_strength": 0.729443, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.281299, "energy": 21.836156, "activity_lines": [ 44.947033, 44.971119, 45.33366, 45.426816 ] }, { "date": "2025-05-09", "close": 45.732209, "volume": 36720, "typical_volume": 140879.5, "trend": 45.46867, "fair_value": 40.901621, "relative_strength": 1.813081, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.173355, "energy": 17.119402, "activity_lines": [ 45.370575, 45.071906, 45.352319, 45.445766 ] }, { "date": "2025-05-16", "close": 46.24308, "volume": 67143, "typical_volume": 141787.35, "trend": 45.512197, "fair_value": 40.935861, "relative_strength": -2.097988, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.185614, "energy": 23.068996, "activity_lines": [ 45.727833, 45.2725, 45.41916, 45.495728 ] }, { "date": "2025-05-23", "close": 46.298811, "volume": 22334, "typical_volume": 139901.8, "trend": 45.556392, "fair_value": 40.999944, "relative_strength": 0.651825, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.090123, "energy": 26.276784, "activity_lines": [ 45.992725, 45.477992, 45.488422, 45.546477 ] }, { "date": "2025-05-30", "close": 46.377764, "volume": 16977, "typical_volume": 136871.1, "trend": 45.600291, "fair_value": 41.063743, "relative_strength": -0.818378, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.404465, "energy": 38.306308, "activity_lines": [ 46.183429, 45.688756, 45.562723, 45.599469 ] }, { "date": "2025-06-06", "close": 46.590858, "volume": 106072, "typical_volume": 139160.25, "trend": 45.647131, "fair_value": 41.129983, "relative_strength": -1.870765, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 57.990812, "energy": 58.762461, "activity_lines": [ 46.37201, 45.927259, 45.654548, 45.663377 ] }, { "date": "2025-06-13", "close": 46.553484, "volume": 35816, "typical_volume": 138692.75, "trend": 45.690227, "fair_value": 41.198141, "relative_strength": -1.522829, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.853611, "energy": 59.574541, "activity_lines": [ 46.473656, 46.145154, 45.739504, 45.721851 ] }, { "date": "2025-06-20", "close": 46.633837, "volume": 55848, "typical_volume": 138676.0, "trend": 45.727793, "fair_value": 41.267303, "relative_strength": -1.135392, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.627491, "energy": 56.380932, "activity_lines": [ 46.547336, 46.298205, 45.829435, 45.782729 ] }, { "date": "2025-06-27", "close": 46.775764, "volume": 29770, "typical_volume": 133806.4, "trend": 45.770715, "fair_value": 41.34042, "relative_strength": -4.045348, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.86147, "energy": 53.371417, "activity_lines": [ 46.642273, 46.4397, 45.929951, 45.85034 ] }, { "date": "2025-07-04", "close": 47.045424, "volume": 57194, "typical_volume": 133414.5, "trend": 45.820112, "fair_value": 41.415333, "relative_strength": -4.994612, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.251661, "energy": 72.099463, "activity_lines": [ 46.795301, 46.594141, 46.052344, 45.932579 ] }, { "date": "2025-07-11", "close": 47.16547, "volume": 20757, "typical_volume": 130522.1, "trend": 45.871417, "fair_value": 41.489852, "relative_strength": -4.405507, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.084846, "energy": 93.408291, "activity_lines": [ 46.943833, 46.738319, 46.181838, 46.019377 ] }, { "date": "2025-07-18", "close": 47.238137, "volume": 79965, "typical_volume": 126721.6, "trend": 45.924923, "fair_value": 41.561782, "relative_strength": -4.733208, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.385487, "energy": 93.003334, "activity_lines": [ 47.07828, 46.864949, 46.313111, 46.107552 ] }, { "date": "2025-07-25", "close": 47.360345, "volume": 31932, "typical_volume": 122489.55, "trend": 45.982364, "fair_value": 41.633144, "relative_strength": -5.742587, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.995974, "energy": 93.561343, "activity_lines": [ 47.20782, 46.986419, 46.450664, 46.20016 ] }, { "date": "2025-08-01", "close": 47.28091, "volume": 51610, "typical_volume": 117890.4, "trend": 46.03247, "fair_value": 41.702394, "relative_strength": -3.401313, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.515063, "energy": 89.452637, "activity_lines": [ 47.262447, 47.073132, 46.573961, 46.283937 ] }, { "date": "2025-08-08", "close": 47.328318, "volume": 27354, "typical_volume": 117488.85, "trend": 46.083551, "fair_value": 41.76895, "relative_strength": -5.440846, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.499825, "energy": 88.487569, "activity_lines": [ 47.299201, 47.150608, 46.694717, 46.36754 ] }, { "date": "2025-08-15", "close": 47.432409, "volume": 22677, "typical_volume": 115546.85, "trend": 46.134763, "fair_value": 41.837087, "relative_strength": -6.002931, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.532662, "energy": 90.412441, "activity_lines": [ 47.351792, 47.229727, 46.817977, 46.454563 ] }, { "date": "2025-08-22", "close": 47.613149, "volume": 31873, "typical_volume": 73209.1, "trend": 46.188837, "fair_value": 41.907601, "relative_strength": -5.784274, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.134679, "energy": 84.921342, "activity_lines": [ 47.446833, 47.326406, 46.950826, 46.549943 ] }, { "date": "2025-08-29", "close": 47.706831, "volume": 145211, "typical_volume": 50034.25, "trend": 46.245126, "fair_value": 41.979199, "relative_strength": -5.42988, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.397085, "energy": 80.674568, "activity_lines": [ 47.548102, 47.420853, 47.066742, 46.647878 ] }, { "date": "2025-09-05", "close": 47.783245, "volume": 70612, "typical_volume": 51666.45, "trend": 46.305336, "fair_value": 42.050746, "relative_strength": -5.386509, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.717859, "energy": 78.567402, "activity_lines": [ 47.651742, 47.509684, 47.17504, 46.747112 ] }, { "date": "2025-09-12", "close": 47.910559, "volume": 44995, "typical_volume": 50350.0, "trend": 46.364498, "fair_value": 42.123485, "relative_strength": -6.438931, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.048947, "energy": 73.811166, "activity_lines": [ 47.764332, 47.603345, 47.281216, 46.850675 ] }, { "date": "2025-09-19", "close": 47.77896, "volume": 45330, "typical_volume": 50009.5, "trend": 46.420946, "fair_value": 42.197921, "relative_strength": -7.668154, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.304766, "energy": 68.204662, "activity_lines": [ 47.794239, 47.657349, 47.362335, 46.94193 ] }, { "date": "2025-09-26", "close": 47.754678, "volume": 60393, "typical_volume": 51193.15, "trend": 46.475672, "fair_value": 42.274957, "relative_strength": -7.298641, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.697007, "energy": 67.114505, "activity_lines": [ 47.792949, 47.695784, 47.430164, 47.027977 ] }, { "date": "2025-10-03", "close": 47.724722, "volume": 120534, "typical_volume": 53862.7, "trend": 46.534657, "fair_value": 42.350069, "relative_strength": -8.208012, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.017801, "energy": 65.834008, "activity_lines": [ 47.772238, 47.71938, 47.485508, 47.108561 ] }, { "date": "2025-10-10", "close": 47.477742, "volume": 43567, "typical_volume": 54924.35, "trend": 46.590607, "fair_value": 42.424186, "relative_strength": -6.28976, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.386419, "energy": 54.790053, "activity_lines": [ 47.668007, 47.691446, 47.510276, 47.169405 ] }, { "date": "2025-10-17", "close": 47.599795, "volume": 40351, "typical_volume": 56093.05, "trend": 46.651519, "fair_value": 42.49802, "relative_strength": -7.515561, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.854658, "energy": 47.188196, "activity_lines": [ 47.624828, 47.682125, 47.541053, 47.234514 ] }, { "date": "2025-10-24", "close": 47.652487, "volume": 389227, "typical_volume": 70250.8, "trend": 46.71223, "fair_value": 42.572193, "relative_strength": -8.984942, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.312833, "energy": 40.227904, "activity_lines": [ 47.619931, 47.677448, 47.57103, 47.299093 ] }, { "date": "2025-10-31", "close": 47.835471, "volume": 34058, "typical_volume": 70162.9, "trend": 46.900626, "fair_value": 42.646639, "relative_strength": -9.059616, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.324358, "energy": 46.176951, "activity_lines": [ 47.68446, 47.70204, 47.613378, 47.37156 ] }, { "date": "2025-11-07", "close": 47.820599, "volume": 34916, "typical_volume": 69116.3, "trend": 47.008682, "fair_value": 42.718659, "relative_strength": -7.465715, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.983519, "energy": 53.688852, "activity_lines": [ 47.738645, 47.719886, 47.648206, 47.430913 ] }, { "date": "2025-11-14", "close": 47.906774, "volume": 49855, "typical_volume": 70120.55, "trend": 47.112533, "fair_value": 42.791255, "relative_strength": -7.271473, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.791125, "energy": 58.648822, "activity_lines": [ 47.815163, 47.751331, 47.685589, 47.488855 ] }, { "date": "2025-11-21", "close": 47.878467, "volume": 33507, "typical_volume": 68936.2, "trend": 47.199134, "fair_value": 42.863551, "relative_strength": -5.401235, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.969843, "energy": 57.547618, "activity_lines": [ 47.853644, 47.775383, 47.71489, 47.53827 ] }, { "date": "2025-11-28", "close": 48.002867, "volume": 49998, "typical_volume": 70398.25, "trend": 47.283439, "fair_value": 42.936317, "relative_strength": -8.394852, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.406424, "energy": 60.186525, "activity_lines": [ 47.915013, 47.822637, 47.752073, 47.590124 ] }, { "date": "2025-12-05", "close": 48.103456, "volume": 60402, "typical_volume": 69420.1, "trend": 47.36248, "fair_value": 43.00973, "relative_strength": -8.379427, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.184107, "energy": 77.901911, "activity_lines": [ 47.986553, 47.884109, 47.794847, 47.643028 ] }, { "date": "2025-12-12", "close": 48.214762, "volume": 37918, "typical_volume": 69719.4, "trend": 47.428203, "fair_value": 43.083545, "relative_strength": -7.505475, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.392314, "energy": 85.763172, "activity_lines": [ 48.07733, 47.959477, 47.844102, 47.698014 ] }, { "date": "2025-12-19", "close": 48.277674, "volume": 39607, "typical_volume": 69119.25, "trend": 47.494165, "fair_value": 43.157857, "relative_strength": -7.330051, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.150325, "energy": 90.486254, "activity_lines": [ 48.162799, 48.037374, 47.895279, 47.752818 ] }, { "date": "2025-12-26", "close": 48.500285, "volume": 56749, "typical_volume": 70589.0, "trend": 47.564916, "fair_value": 43.233673, "relative_strength": -8.044064, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.59135, "energy": 95.036076, "activity_lines": [ 48.297746, 48.141201, 47.962911, 47.817729 ] }, { "date": "2026-01-02", "close": 48.454714, "volume": 83084, "typical_volume": 73609.35, "trend": 47.627045, "fair_value": 43.307268, "relative_strength": -6.99913, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.119402, "energy": 90.474759, "activity_lines": [ 48.376047, 48.22037, 48.020622, 47.875136 ] }, { "date": "2026-01-09", "close": 48.504004, "volume": 70483, "typical_volume": 75539.85, "trend": 47.692062, "fair_value": 43.378505, "relative_strength": -8.136472, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.088156, "energy": 90.383161, "activity_lines": [ 48.440656, 48.293915, 48.07816, 47.931714 ] }, { "date": "2026-01-16", "close": 48.601607, "volume": 158209, "typical_volume": 76189.75, "trend": 47.757654, "fair_value": 43.449307, "relative_strength": -7.456966, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.718262, "energy": 91.269608, "activity_lines": [ 48.511096, 48.373051, 48.140751, 47.990394 ] }, { "date": "2026-01-23", "close": 48.621128, "volume": 37156, "typical_volume": 74516.95, "trend": 47.819166, "fair_value": 43.519371, "relative_strength": -6.952266, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.631808, "energy": 86.019872, "activity_lines": [ 48.562253, 48.441536, 48.20094, 48.046102 ] }, { "date": "2026-01-30", "close": 48.472868, "volume": 72079, "typical_volume": 75871.15, "trend": 47.866748, "fair_value": 43.587753, "relative_strength": -7.431679, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.360816, "energy": 66.203585, "activity_lines": [ 48.541093, 48.470076, 48.243019, 48.088276 ] }, { "date": "2026-02-06", "close": 48.457968, "volume": 63488, "typical_volume": 76779.05, "trend": 47.909831, "fair_value": 43.654205, "relative_strength": -7.107854, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.475851, "energy": 61.154506, "activity_lines": [ 48.516794, 48.4851, 48.281001, 48.126419 ] }, { "date": "2026-02-13", "close": 48.439137, "volume": 51471, "typical_volume": 76332.95, "trend": 47.949864, "fair_value": 43.721037, "relative_strength": -5.803832, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.611545, "energy": 49.312457, "activity_lines": [ 48.486002, 48.488426, 48.313957, 48.160568 ] }, { "date": "2026-02-20", "close": 48.445414, "volume": 32041, "typical_volume": 71908.3, "trend": 47.986033, "fair_value": 43.788346, "relative_strength": -6.663849, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.083003, "energy": 38.012233, "activity_lines": [ 48.461626, 48.486789, 48.344251, 48.192539 ] }, { "date": "2026-02-27", "close": 48.010636, "volume": 50931, "typical_volume": 72276.5, "trend": 48.010358, "fair_value": 43.852085, "relative_strength": -6.834685, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.998655, "energy": 17.530672, "activity_lines": [ 48.302737, 48.401908, 48.329705, 48.194126 ] }, { "date": "2026-03-06", "close": 48.097617, "volume": 82142, "typical_volume": 74366.05, "trend": 48.036001, "fair_value": 43.91648, "relative_strength": -4.551994, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.009903, "energy": 19.440586, "activity_lines": [ 48.213541, 48.337698, 48.320906, 48.199756 ] }, { "date": "2026-03-13", "close": 48.151119, "volume": 40728, "typical_volume": 56941.1, "trend": 48.059958, "fair_value": 43.985935, "relative_strength": -2.749871, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.57135, "energy": 20.010514, "activity_lines": [ 48.167196, 48.290536, 48.314832, 48.207183 ] }, { "date": "2026-03-20", "close": 48.137029, "volume": 65064, "typical_volume": 58491.4, "trend": 48.077421, "fair_value": 44.054783, "relative_strength": -0.795701, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.734613, "energy": 22.276471, "activity_lines": [ 48.136611, 48.246332, 48.305042, 48.212155 ] }, { "date": "2026-03-27", "close": 48.068057, "volume": 43453, "typical_volume": 58918.25, "trend": 48.089461, "fair_value": 44.120284, "relative_strength": 1.523186, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.754246, "energy": 20.551071, "activity_lines": [ 48.103175, 48.19626, 48.287247, 48.211551 ] }, { "date": "2026-04-03", "close": 48.388556, "volume": 15390, "typical_volume": 57195.0, "trend": 48.109638, "fair_value": 44.187577, "relative_strength": -0.915653, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.647504, "energy": 13.069407, "activity_lines": [ 48.20173, 48.214162, 48.298797, 48.230848 ] }, { "date": "2026-04-10", "close": 48.591599, "volume": 155439, "typical_volume": 63291.6, "trend": 48.13234, "fair_value": 44.25526, "relative_strength": -3.638407, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.022941, "energy": 25.411398, "activity_lines": [ 48.342771, 48.273209, 48.32739, 48.261942 ] }, { "date": "2026-04-17", "close": 48.844164, "volume": 30714, "typical_volume": 62327.4, "trend": 48.167847, "fair_value": 44.323945, "relative_strength": -6.905354, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.078558, "energy": 48.079868, "activity_lines": [ 48.535068, 48.376018, 48.376642, 48.307866 ] }, { "date": "2026-04-24", "close": 48.913496, "volume": 31025, "typical_volume": 60858.55, "trend": 48.206474, "fair_value": 44.392437, "relative_strength": -6.914131, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.387475, "energy": 71.646055, "activity_lines": [ 48.704273, 48.484411, 48.42849, 48.355973 ] }, { "date": "2026-05-01", "close": 48.832169, "volume": 35034, "typical_volume": 60714.35, "trend": 48.243389, "fair_value": 44.461212, "relative_strength": -7.610868, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.609703, "energy": 75.197738, "activity_lines": [ 48.794605, 48.569393, 48.468735, 48.39634 ] }, { "date": "2026-05-08", "close": 48.975936, "volume": 37405, "typical_volume": 60604.25, "trend": 48.293329, "fair_value": 44.531107, "relative_strength": -9.099592, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.369794, "energy": 81.127663, "activity_lines": [ 48.881918, 48.673483, 48.519733, 48.443601 ] }, { "date": "2026-05-15", "close": 49.104841, "volume": 41883, "typical_volume": 59860.95, "trend": 48.343497, "fair_value": 44.601432, "relative_strength": -8.756357, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.004094, "energy": 81.024024, "activity_lines": [ 48.973041, 48.783458, 48.579682, 48.495957 ] }, { "date": "2026-05-22", "close": 49.134466, "volume": 89304, "typical_volume": 60171.95, "trend": 48.392896, "fair_value": 44.671484, "relative_strength": -9.13424, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.996477, "energy": 75.552614, "activity_lines": [ 49.039822, 48.880507, 48.639574, 48.546987 ] }, { "date": "2026-05-29", "close": 49.224729, "volume": 28631, "typical_volume": 58079.35, "trend": 48.439205, "fair_value": 44.74124, "relative_strength": -9.924954, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.283109, "energy": 79.807388, "activity_lines": [ 49.117338, 48.976089, 48.704825, 48.600654 ] }, { "date": "2026-06-05", "close": 49.204823, "volume": 59307, "typical_volume": 53134.25, "trend": 48.485345, "fair_value": 44.809315, "relative_strength": -7.35595, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.749037, "energy": 75.694906, "activity_lines": [ 49.16747, 49.048274, 48.764749, 48.650048 ] }, { "date": "2026-06-12", "close": 49.174962, "volume": 86691, "typical_volume": 55611.0, "trend": 48.527618, "fair_value": 44.875855, "relative_strength": -7.626157, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.622176, "energy": 69.353271, "activity_lines": [ 49.182804, 49.094363, 48.818956, 48.69454 ] }, { "date": "2026-06-19", "close": 49.383984, "volume": 46018, "typical_volume": 54307.95, "trend": 48.577802, "fair_value": 44.943312, "relative_strength": -7.762154, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.563608, "energy": 72.663963, "activity_lines": [ 49.254544, 49.164156, 48.890432, 48.749789 ] }, { "date": "2026-06-26", "close": 49.1247, "volume": 90881, "typical_volume": 55677.6, "trend": 48.615197, "fair_value": 45.007318, "relative_strength": -5.771675, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.900201, "energy": 51.529843, "activity_lines": [ 49.221246, 49.1724, 48.932877, 48.785073 ] }, { "date": "2026-07-03", "close": 49.253086, "volume": 18071, "typical_volume": 54007.6, "trend": 48.653518, "fair_value": 45.07134, "relative_strength": -7.28072, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.747491, "energy": 49.416118, "activity_lines": [ 49.231395, 49.198887, 48.984373, 48.826227 ] }, { "date": "2026-07-10", "close": 49.364853, "volume": 137872, "typical_volume": 59299.15, "trend": 48.691854, "fair_value": 45.134518, "relative_strength": -8.047491, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.350899, "energy": 55.311272, "activity_lines": [ 49.276909, 49.23952, 49.042638, 48.87212 ] }, { "date": "2026-07-17", "close": 49.349924, "volume": 33063, "typical_volume": 58405.75, "trend": 48.727596, "fair_value": 45.197046, "relative_strength": -6.387499, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.614508, "energy": 52.389793, "activity_lines": [ 49.306778, 49.267754, 49.095103, 48.914576 ] }, { "date": "2026-07-24", "close": 49.414616, "volume": 37134, "typical_volume": 56155.35, "trend": 48.758073, "fair_value": 45.259157, "relative_strength": -5.499395, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.638065, "energy": 61.954934, "activity_lines": [ 49.346547, 49.30095, 49.147352, 48.9589 ] }, { "date": "2026-07-31", "close": 49.46, "volume": 141468, "typical_volume": 61192.35, "trend": 48.791583, "fair_value": 45.32173, "relative_strength": -6.16586, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.94879, "energy": 71.358168, "activity_lines": [ 49.399402, 49.336766, 49.197651, 49.004185 ] }, { "date": "2026-08-07", "close": 49.6, "volume": 132410, "typical_volume": 64559.65, "trend": 48.828116, "fair_value": 45.384742, "relative_strength": -8.820009, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.417916, "energy": 71.769171, "activity_lines": [ 49.47657, 49.392117, 49.255051, 49.056341 ] } ], "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." } } }