{ "ticker": { "uuid": "23fafdab-8a49-4ce2-9dfa-d2821f9db48c", "symbol": "NDIA", "name": "GLOBAL X FDS INDIA ACTIVE 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": 4, "stage_name": "Declining", "phase": "4c", "phase_label": "Stage 4C \u00b7 Repair watch", "transition": "stage_4_to_1_watch", "transition_label": "Stage 4 \u2192 1 repair watch", "confidence": 80.31, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": 8.848, "architecture_energy": 16.325, "architecture_maturity": 11.206, "architecture_confidence": 49.212, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 51.21, "rotation_up": 39.18, "upward_expansion": 38.75, "deceleration": 27.42, "rotation_down": 21.25, "downward_expansion": 44.75 }, "activity_lines": [ 27.42976, 27.285742, 27.095636, 27.155907 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 27.8933, "trend_reference": 27.47921, "distance_from_trend": 0.015069, "trend_direction": "Weakening", "fair_value": 28.089437, "distance_from_fair_value": -0.006983, "fair_value_direction": "Improving", "relative_strength": -12.270881, "relative_strength_direction": "Improving", "price_momentum": -0.062753, "excess_performance": -0.188378, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.015069, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.030627, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.006983, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.018915, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.122709, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.036214, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.062753, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.635249, "read": "Supply-led" } ], "volume": { "latest": 25403, "relative_activity": 0.471868, "balance": 0.635249, "dry_up": 0.306873, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.026599, "annualized_volatility": 0.193207, "from_high_reference": -0.080815, "from_low_reference": 0.11395 }, "levels": { "trend_reference": 27.47921, "fair_value_reference": 28.089437, "structural_low": 25.04, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": 0.002036, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.015142, "regime_survival": 0.571429, "best_return": 0.036561, "worst_return": -0.105132, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.01059, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.055934, "regime_survival": 0.333333, "best_return": 0.028149, "worst_return": -0.026371, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": -0.018304, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.16689, "regime_survival": 0.5, "best_return": 0.042248, "worst_return": -0.078855, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": -0.039939, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.351376, "regime_survival": 0.0, "best_return": -0.039939, "worst_return": -0.039939, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-04-18", "tenure": "Developing", "return": 0.076201, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-05-02", "tenure": "New", "return": 0.024694, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-06-06", "tenure": "Developing", "return": 0.051699, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-13", "end": "2025-08-01", "tenure": "Developing", "return": -0.017773, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-08", "end": "2025-10-10", "tenure": "Developing", "return": 0.00966, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-17", "end": "2025-11-28", "tenure": "Developing", "return": 0.010454, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-12-05", "end": "2025-12-12", "tenure": "New", "return": -0.01729, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-19", "end": "2026-03-06", "tenure": "Developing", "return": -0.070699, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-07-03", "tenure": "Established", "return": 0.032944, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.015624, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.798089, "volume": 519, "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": 24.152355, "volume": 2909, "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": 24.367503, "volume": 1259, "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": 24.788189, "volume": 1149, "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": 24.878207, "volume": 2735, "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": 24.374259, "volume": 1239, "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": 24.283861, "volume": 1616, "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": 24.493205, "volume": 1223, "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": 24.388533, "volume": 649, "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": 24.141127, "volume": 2077, "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": 23.72244, "volume": 1886, "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": 24.455142, "volume": 955, "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": 24.664486, "volume": 130522, "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": 24.949954, "volume": 43072, "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": 24.792376, "volume": 5989, "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": 25.635079, "volume": 38966, "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": 26.11086, "volume": 10825, "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": 26.700828, "volume": 10601, "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": 26.643735, "volume": 18900, "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": 26.823713, "volume": 6524, "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": 26.985075, "volume": 10726, "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": 27.408663, "volume": 10518, "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": 27.300834, "volume": 12210, "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": 27.057502, "volume": 32858, "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": 27.323735, "volume": 8137, "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": 27.36763, "volume": 14953, "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": 27.758869, "volume": 10707, "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": 27.949622, "volume": 14084, "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": 28.139516, "volume": 11496, "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": 28.140566, "volume": 13528, "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": 27.238808, "volume": 17759, "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": 27.257702, "volume": 10216, "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": 27.661537, "volume": 2880, "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": 27.859542, "volume": 69727, "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": 27.470402, "volume": 5178, "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": 27.353126, "volume": 5181, "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": 27.806581, "volume": 80718, "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": 27.92672, "volume": 7928, "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": 27.294249, "volume": 8149, "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": 27.92109, "volume": 2474, "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": 28.407753, "volume": 76565, "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": 27.873378, "volume": 20608, "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": 28.431514, "volume": 52414, "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": 29.10244, "volume": 7116, "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": 29.057019, "volume": 7925, "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": 29.600077, "volume": 111262, "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": 30.161648, "volume": 17366, "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": 30.37931, "volume": 17313, "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": 30.053914, "volume": 10857, "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": 30.788489, "volume": 7620, "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": 30.522065, "volume": 16900, "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": 30.206879, "volume": 78729, "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": 30.535615, "volume": 9365, "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": 30.781618, "volume": 22828, "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": 31.128867, "volume": 19142, "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": 30.633234, "volume": 6545, "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": 31.313703, "volume": 42742, "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": 31.913062, "volume": 10476, "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": 31.847792, "volume": 16812, "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": 30.72799, "volume": 11455, "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": 30.506606, "volume": 61297, "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": 30.158404, "volume": 29353, "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": 29.34768, "volume": 15664, "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": 29.431844, "volume": 9863, "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": 29.100437, "volume": 15908, "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": 28.599269, "volume": 40365, "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": 29.329264, "volume": 19673, "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": 29.501313, "volume": 11102, "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": 29.93931, "volume": 30639, "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": 29.86278, "volume": 30686, "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": 28.971042, "volume": 18888, "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": 28.622457, "volume": 20671, "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": 28.881803, "volume": 1243747, "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": "2025-01-10", "close": 27.595969, "volume": 56324, "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": "2025-01-17", "close": 27.475397, "volume": 44484, "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": "2025-01-24", "close": 27.156906, "volume": 14082, "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": "2025-01-31", "close": 27.289347, "volume": 7904, "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": "2025-02-07", "close": 27.093109, "volume": 9617, "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": "2025-02-14", "close": 26.601921, "volume": 48591, "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": "2025-02-21", "close": 26.42774, "volume": 5151, "typical_volume": 86700.45, "trend": 29.383447, "fair_value": 27.809308, "relative_strength": -15.852947, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.940448, "energy": 89.152784, "activity_lines": [ 26.770754, 27.182339, 27.996543, 28.627362 ] }, { "date": "2025-02-28", "close": 25.67523, "volume": 11525, "typical_volume": 84211.85, "trend": 29.221886, "fair_value": 27.782962, "relative_strength": -17.079948, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.212955, "energy": 90.689175, "activity_lines": [ 26.357896, 26.830277, 27.718505, 28.388122 ] }, { "date": "2025-03-07", "close": 26.243173, "volume": 31012, "typical_volume": 84294.8, "trend": 29.089763, "fair_value": 27.764184, "relative_strength": -12.230442, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.362923, "energy": 77.250621, "activity_lines": [ 26.23313, 26.641402, 27.517564, 28.195947 ] }, { "date": "2025-03-14", "close": 26.140603, "volume": 59314, "typical_volume": 86477.3, "trend": 28.943262, "fair_value": 27.744623, "relative_strength": -10.287869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.14142, "energy": 65.693597, "activity_lines": [ 26.14392, 26.477137, 27.325497, 28.005679 ] }, { "date": "2025-03-21", "close": 27.774304, "volume": 14715, "typical_volume": 86719.9, "trend": 28.843019, "fair_value": 27.744976, "relative_strength": -5.0334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.699029, "energy": 48.144332, "activity_lines": [ 26.662777, 26.659749, 27.304293, 27.930262 ] }, { "date": "2025-03-28", "close": 27.634544, "volume": 27600, "typical_volume": 87304.5, "trend": 28.726541, "fair_value": 27.743677, "relative_strength": -3.960369, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.383604, "energy": 27.719043, "activity_lines": [ 27.056888, 26.813707, 27.277672, 27.852296 ] }, { "date": "2025-04-04", "close": 26.366811, "volume": 216265, "typical_volume": 96099.5, "trend": 28.584327, "fair_value": 27.727667, "relative_strength": 0.854176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -49.549553, "energy": 26.861467, "activity_lines": [ 26.947968, 26.734275, 27.137295, 27.700056 ] }, { "date": "2025-04-11", "close": 27.170951, "volume": 444992, "typical_volume": 117365.45, "trend": 28.446235, "fair_value": 27.721268, "relative_strength": -1.517917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.11315, "energy": 23.204553, "activity_lines": [ 27.060989, 26.815416, 27.084133, 27.60887 ] }, { "date": "2025-04-18", "close": 28.441553, "volume": 24264, "typical_volume": 118023.55, "trend": 28.330518, "fair_value": 27.729453, "relative_strength": 4.636527, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.543648, "energy": 12.835485, "activity_lines": [ 27.535693, 27.129727, 27.162258, 27.608568 ] }, { "date": "2025-04-25", "close": 28.63057, "volume": 28904, "typical_volume": 117936.8, "trend": 28.223278, "fair_value": 27.739578, "relative_strength": 0.824965, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.434389, "energy": 13.411045, "activity_lines": [ 27.920005, 27.453889, 27.263432, 27.627926 ] }, { "date": "2025-05-02", "close": 29.337581, "volume": 20608, "typical_volume": 117432.9, "trend": 28.176931, "fair_value": 27.757333, "relative_strength": 0.509294, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.946291, "energy": 34.331482, "activity_lines": [ 28.482904, 27.869713, 27.438172, 27.699817 ] }, { "date": "2025-05-09", "close": 28.538881, "volume": 38528, "typical_volume": 118414.9, "trend": 28.11134, "fair_value": 27.765922, "relative_strength": -1.716032, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.343947, "energy": 29.622562, "activity_lines": [ 28.666033, 28.087413, 27.539346, 27.723168 ] }, { "date": "2025-05-16", "close": 29.841232, "volume": 25988, "typical_volume": 118680.75, "trend": 28.100767, "fair_value": 27.788479, "relative_strength": -2.279, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.679828, "energy": 52.060045, "activity_lines": [ 29.138475, 28.489837, 27.766612, 27.834774 ] }, { "date": "2025-05-23", "close": 29.677338, "volume": 49047, "typical_volume": 58945.75, "trend": 28.111756, "fair_value": 27.80879, "relative_strength": -0.167886, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.462026, "energy": 51.974994, "activity_lines": [ 29.378266, 28.797044, 27.972465, 27.936488 ] }, { "date": "2025-05-30", "close": 29.542325, "volume": 31468, "typical_volume": 57702.95, "trend": 28.115439, "fair_value": 27.827232, "relative_strength": -2.230819, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.127539, "energy": 41.241001, "activity_lines": [ 29.490668, 29.015398, 28.161671, 28.028783 ] }, { "date": "2025-06-06", "close": 30.014325, "volume": 45957, "typical_volume": 57776.6, "trend": 28.145902, "fair_value": 27.850254, "relative_strength": -2.144924, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.718602, "energy": 59.819489, "activity_lines": [ 29.699619, 29.287424, 28.386562, 28.151292 ] }, { "date": "2025-06-13", "close": 29.412456, "volume": 14331, "typical_volume": 57789.05, "trend": 28.173008, "fair_value": 27.866527, "relative_strength": -3.581233, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.259845, "energy": 39.763625, "activity_lines": [ 29.662831, 29.406752, 28.542041, 28.233005 ] }, { "date": "2025-06-20", "close": 29.57091, "volume": 12770, "typical_volume": 58032.35, "trend": 28.181063, "fair_value": 27.884098, "relative_strength": -2.750118, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.16407, "energy": 37.21835, "activity_lines": [ 29.620622, 29.499513, 28.70187, 28.323192 ] }, { "date": "2025-06-27", "close": 30.487809, "volume": 19745, "typical_volume": 58538.75, "trend": 28.213946, "fair_value": 27.910666, "relative_strength": -2.898407, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.455678, "energy": 42.942876, "activity_lines": [ 29.902069, 29.715348, 28.938159, 28.472015 ] }, { "date": "2025-07-04", "close": 30.455861, "volume": 33862, "typical_volume": 57802.3, "trend": 28.231164, "fair_value": 27.936375, "relative_strength": -4.389233, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.603133, "energy": 43.686831, "activity_lines": [ 30.118834, 29.88817, 29.15524, 28.616654 ] }, { "date": "2025-07-11", "close": 29.962397, "volume": 11384, "typical_volume": 58113.95, "trend": 28.234485, "fair_value": 27.956635, "relative_strength": -5.433397, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.953987, "energy": 50.608607, "activity_lines": [ 30.110209, 29.938083, 29.306972, 28.728347 ] }, { "date": "2025-07-18", "close": 29.68713, "volume": 16063, "typical_volume": 58340.85, "trend": 28.258354, "fair_value": 27.973769, "relative_strength": -6.606371, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.34003, "energy": 55.341035, "activity_lines": [ 30.01329, 29.926588, 29.415657, 28.822066 ] }, { "date": "2025-07-25", "close": 29.436491, "volume": 37332, "typical_volume": 58656.85, "trend": 28.285489, "fair_value": 27.988109, "relative_strength": -8.394328, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.536915, "energy": 30.35125, "activity_lines": [ 29.814513, 29.848645, 29.481366, 28.898075 ] }, { "date": "2025-08-01", "close": 28.889715, "volume": 19894, "typical_volume": 56685.85, "trend": 28.285753, "fair_value": 27.996863, "relative_strength": -7.465424, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.256834, "energy": 19.592942, "activity_lines": [ 29.442439, 29.678647, 29.479796, 28.937057 ] }, { "date": "2025-08-08", "close": 28.535617, "volume": 54892, "typical_volume": 58694.7, "trend": 28.317074, "fair_value": 28.002043, "relative_strength": -10.385051, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.313229, "energy": 19.52321, "activity_lines": [ 29.058872, 29.458588, 29.431411, 28.953177 ] }, { "date": "2025-08-15", "close": 28.925224, "volume": 26082, "typical_volume": 58618.8, "trend": 28.365402, "fair_value": 28.010835, "relative_strength": -9.66923, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.925437, "energy": 22.180757, "activity_lines": [ 28.93319, 29.32767, 29.416506, 28.992413 ] }, { "date": "2025-08-22", "close": 29.410082, "volume": 8730, "typical_volume": 48242.05, "trend": 28.440508, "fair_value": 28.024036, "relative_strength": -8.070807, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.163794, "energy": 19.335186, "activity_lines": [ 29.038272, 29.30471, 29.441632, 29.059812 ] }, { "date": "2025-08-29", "close": 28.488337, "volume": 13584, "typical_volume": 26671.65, "trend": 28.480474, "fair_value": 28.028375, "relative_strength": -10.50833, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.306566, "energy": 20.249132, "activity_lines": [ 28.854576, 29.114204, 29.364481, 29.062897 ] }, { "date": "2025-09-05", "close": 28.738778, "volume": 19003, "typical_volume": 26408.6, "trend": 28.53533, "fair_value": 28.034953, "relative_strength": -9.569227, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.40505, "energy": 15.680876, "activity_lines": [ 28.81757, 28.988915, 29.304909, 29.079562 ] }, { "date": "2025-09-12", "close": 28.947974, "volume": 22846, "typical_volume": 26105.7, "trend": 28.613531, "fair_value": 28.043329, "relative_strength": -9.88327, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.449992, "energy": 12.367299, "activity_lines": [ 28.860359, 28.933462, 29.263844, 29.106184 ] }, { "date": "2025-09-19", "close": 29.299797, "volume": 10984, "typical_volume": 25624.5, "trend": 28.709267, "fair_value": 28.054752, "relative_strength": -9.449891, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.445291, "energy": 15.665816, "activity_lines": [ 28.992931, 28.969394, 29.254775, 29.15046 ] }, { "date": "2025-09-26", "close": 28.491107, "volume": 10413, "typical_volume": 24218.75, "trend": 28.803129, "fair_value": 28.058683, "relative_strength": -11.231386, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.376297, "energy": 12.167476, "activity_lines": [ 28.830969, 28.870338, 29.168867, 29.136385 ] }, { "date": "2025-10-03", "close": 28.545508, "volume": 12186, "typical_volume": 23528.65, "trend": 28.879874, "fair_value": 28.063029, "relative_strength": -11.636787, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.105149, "energy": 20.081472, "activity_lines": [ 28.748406, 28.802919, 29.088369, 29.119764 ] }, { "date": "2025-10-10", "close": 28.81128, "volume": 59513, "typical_volume": 24051.95, "trend": 28.968896, "fair_value": 28.069651, "relative_strength": -8.268459, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.328953, "energy": 17.214275, "activity_lines": [ 28.750621, 28.800022, 29.039352, 29.115339 ] }, { "date": "2025-10-17", "close": 29.633916, "volume": 82348, "typical_volume": 26595.95, "trend": 29.030883, "fair_value": 28.083373, "relative_strength": -6.980905, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.598916, "energy": 8.030803, "activity_lines": [ 29.022216, 28.948121, 29.072805, 29.158243 ] }, { "date": "2025-10-24", "close": 29.840144, "volume": 48817, "typical_volume": 26738.95, "trend": 29.104403, "fair_value": 28.098649, "relative_strength": -7.84471, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.01264, "energy": 24.191548, "activity_lines": [ 29.316823, 29.113747, 29.125463, 29.210453 ] }, { "date": "2025-10-31", "close": 29.53461, "volume": 4459, "typical_volume": 26245.35, "trend": 29.209997, "fair_value": 28.111028, "relative_strength": -9.107518, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.974038, "energy": 24.154362, "activity_lines": [ 29.473563, 29.207187, 29.149852, 29.238209 ] }, { "date": "2025-11-07", "close": 29.328679, "volume": 9326, "typical_volume": 26073.15, "trend": 29.281921, "fair_value": 28.121435, "relative_strength": -8.044338, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.50178, "energy": 22.481069, "activity_lines": [ 29.492092, 29.26092, 29.154046, 29.245866 ] }, { "date": "2025-11-14", "close": 29.694252, "volume": 15656, "typical_volume": 25868.7, "trend": 29.323678, "fair_value": 28.134764, "relative_strength": -6.834266, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 20.275356, "energy": 32.755474, "activity_lines": [ 29.580267, 29.365842, 29.194211, 29.272468 ] }, { "date": "2025-11-21", "close": 29.805724, "volume": 38565, "typical_volume": 26103.85, "trend": 29.362849, "fair_value": 28.148806, "relative_strength": -4.475094, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.948808, "energy": 32.612674, "activity_lines": [ 29.646735, 29.47366, 29.248771, 29.303567 ] }, { "date": "2025-11-28", "close": 29.943703, "volume": 29098, "typical_volume": 26989.55, "trend": 29.383053, "fair_value": 28.163763, "relative_strength": -7.237543, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 26.362816, "energy": 32.4017, "activity_lines": [ 29.747742, 29.590969, 29.319568, 29.341042 ] }, { "date": "2025-12-05", "close": 29.712649, "volume": 16187, "typical_volume": 26995.75, "trend": 29.422179, "fair_value": 28.176564, "relative_strength": -8.017849, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.248396, "energy": 29.805119, "activity_lines": [ 29.764827, 29.654562, 29.368448, 29.362306 ] }, { "date": "2025-12-12", "close": 29.198909, "volume": 10724, "typical_volume": 25665.35, "trend": 29.400768, "fair_value": 28.184944, "relative_strength": -8.819407, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 6.202657, "energy": 11.340448, "activity_lines": [ 29.598797, 29.602537, 29.36828, 29.347902 ] }, { "date": "2025-12-19", "close": 29.888709, "volume": 13329, "typical_volume": 25337.1, "trend": 29.407814, "fair_value": 28.198796, "relative_strength": -6.561811, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 29.646308, "energy": 19.474742, "activity_lines": [ 29.671351, 29.66405, 29.434938, 29.379382 ] }, { "date": "2025-12-26", "close": 29.693065, "volume": 4311, "typical_volume": 22808.05, "trend": 29.412839, "fair_value": 28.210846, "relative_strength": -8.268302, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.359129, "energy": 10.779567, "activity_lines": [ 29.665726, 29.670402, 29.478206, 29.397785 ] }, { "date": "2026-01-02", "close": 29.9509, "volume": 6036, "typical_volume": 21805.75, "trend": 29.410724, "fair_value": 28.224767, "relative_strength": -6.292544, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.162512, "energy": 28.83833, "activity_lines": [ 29.753557, 29.722557, 29.540518, 29.432499 ] }, { "date": "2026-01-09", "close": 29.48, "volume": 71616, "typical_volume": 24950.05, "trend": 29.412976, "fair_value": 28.234729, "relative_strength": -9.00407, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.756364, "energy": 23.596828, "activity_lines": [ 29.683941, 29.687081, 29.553098, 29.436968 ] }, { "date": "2026-01-16", "close": 29.3201, "volume": 29236, "typical_volume": 25732.65, "trend": 29.404616, "fair_value": 28.243275, "relative_strength": -9.027676, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.23814, "energy": 13.005752, "activity_lines": [ 29.576536, 29.623525, 29.550117, 29.430976 ] }, { "date": "2026-01-23", "close": 28.365, "volume": 6089, "typical_volume": 25086.95, "trend": 29.333855, "fair_value": 28.244226, "relative_strength": -11.533427, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.305899, "energy": 31.327403, "activity_lines": [ 29.142684, 29.38647, 29.452213, 29.363904 ] }, { "date": "2026-01-30", "close": 28.6857, "volume": 66772, "typical_volume": 27283.25, "trend": 29.27485, "fair_value": 28.247648, "relative_strength": -10.724329, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.842727, "energy": 43.918582, "activity_lines": [ 28.917313, 29.231893, 29.386632, 29.322088 ] }, { "date": "2026-02-06", "close": 29.7609, "volume": 20366, "typical_volume": 27752.35, "trend": 29.268133, "fair_value": 28.259289, "relative_strength": -7.099608, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.3122, "energy": 20.289925, "activity_lines": [ 29.1175, 29.29317, 29.4247, 29.353446 ] }, { "date": "2026-02-13", "close": 29.5343, "volume": 22613, "typical_volume": 28362.35, "trend": 29.263039, "fair_value": 28.269022, "relative_strength": -6.575675, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.469168, "energy": 13.744199, "activity_lines": [ 29.25482, 29.316571, 29.438991, 29.370618 ] }, { "date": "2026-02-20", "close": 29.7737, "volume": 42752, "typical_volume": 29890.65, "trend": 29.274279, "fair_value": 28.280421, "relative_strength": -6.814193, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.629114, "energy": 19.444616, "activity_lines": [ 29.46832, 29.386743, 29.471115, 29.403564 ] }, { "date": "2026-02-27", "close": 29.1456, "volume": 26853, "typical_volume": 28257.65, "trend": 29.282809, "fair_value": 28.286926, "relative_strength": -8.275761, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.544545, "energy": 17.709328, "activity_lines": [ 29.442213, 29.332263, 29.437571, 29.395262 ] }, { "date": "2026-03-06", "close": 27.7756, "volume": 13993, "typical_volume": 24839.9, "trend": 29.257475, "fair_value": 28.28311, "relative_strength": -10.640163, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.199976, "energy": 28.040172, "activity_lines": [ 28.9074, 29.042204, 29.271959, 29.298022 ] }, { "date": "2026-03-13", "close": 26.4293, "volume": 151930, "typical_volume": 29995.55, "trend": 29.174277, "fair_value": 28.269378, "relative_strength": -13.420918, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.270188, "energy": 80.32683, "activity_lines": [ 27.984493, 28.542225, 28.986976, 29.115559 ] }, { "date": "2026-03-20", "close": 25.8458, "volume": 33861, "typical_volume": 31465.65, "trend": 29.055468, "fair_value": 28.251558, "relative_strength": -13.421361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.374299, "energy": 93.597138, "activity_lines": [ 27.089193, 28.000185, 28.662665, 28.900819 ] }, { "date": "2026-03-27", "close": 25.3993, "volume": 24074, "typical_volume": 32203.05, "trend": 28.9525, "fair_value": 28.230738, "relative_strength": -12.599927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.469433, "energy": 94.742637, "activity_lines": [ 26.29096, 27.44304, 28.313396, 28.664937 ] }, { "date": "2026-04-03", "close": 25.8011, "volume": 20309, "typical_volume": 32435.7, "trend": 28.854578, "fair_value": 28.213132, "relative_strength": -13.673524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.529182, "energy": 89.859431, "activity_lines": [ 25.918287, 27.030236, 28.021104, 28.461621 ] }, { "date": "2026-04-10", "close": 27.6519, "volume": 20238, "typical_volume": 31519.35, "trend": 28.811375, "fair_value": 28.209094, "relative_strength": -10.290747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.689882, "energy": 79.429894, "activity_lines": [ 26.385513, 27.000558, 27.923618, 28.384029 ] }, { "date": "2026-04-17", "close": 28.5469, "volume": 8717, "typical_volume": 30500.3, "trend": 28.786278, "fair_value": 28.211507, "relative_strength": -10.842149, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.616533, "energy": 37.87606, "activity_lines": [ 27.15932, 27.152404, 27.921626, 28.366966 ] }, { "date": "2026-04-24", "close": 27.4871, "volume": 50706, "typical_volume": 32226.25, "trend": 28.752812, "fair_value": 28.20637, "relative_strength": -14.092744, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.62216, "energy": 23.006394, "activity_lines": [ 27.438687, 27.133631, 27.825353, 28.283148 ] }, { "date": "2026-05-01", "close": 27.2472, "volume": 8178, "typical_volume": 32098.95, "trend": 28.709535, "fair_value": 28.199615, "relative_strength": -15.105455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.560116, "energy": 27.481218, "activity_lines": [ 27.528667, 27.108462, 27.71683, 28.186012 ] }, { "date": "2026-05-08", "close": 27.4643, "volume": 8792, "typical_volume": 31872.1, "trend": 28.664635, "fair_value": 28.194473, "relative_strength": -15.892294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.903138, "energy": 24.100968, "activity_lines": [ 27.56782, 27.168702, 27.638276, 28.105674 ] }, { "date": "2026-05-15", "close": 26.3791, "volume": 26701, "typical_volume": 32991.6, "trend": 28.556141, "fair_value": 28.181866, "relative_strength": -18.852427, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.58318, "energy": 31.092208, "activity_lines": [ 27.13436, 27.062202, 27.467916, 27.95822 ] }, { "date": "2026-05-22", "close": 26.6127, "volume": 172956, "typical_volume": 41337.6, "trend": 28.44856, "fair_value": 28.171044, "relative_strength": -18.26723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.773908, "energy": 36.755022, "activity_lines": [ 26.86362, 27.023565, 27.335583, 27.832837 ] }, { "date": "2026-05-29", "close": 26.5, "volume": 401262, "typical_volume": 57819.9, "trend": 28.347406, "fair_value": 28.159599, "relative_strength": -19.222227, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.101933, "energy": 40.037708, "activity_lines": [ 26.68426, 26.961104, 27.208414, 27.707123 ] }, { "date": "2026-06-05", "close": 25.86, "volume": 113225, "typical_volume": 62019.35, "trend": 28.231784, "fair_value": 28.143955, "relative_strength": -18.586412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.515243, "energy": 59.591848, "activity_lines": [ 26.357373, 26.770384, 27.034482, 27.546646 ] }, { "date": "2026-06-12", "close": 26.365, "volume": 80634, "typical_volume": 65746.6, "trend": 28.120809, "fair_value": 28.131935, "relative_strength": -16.936588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.312792, "energy": 57.188353, "activity_lines": [ 26.2913, 26.663105, 26.925123, 27.426208 ] }, { "date": "2026-06-19", "close": 27.1049, "volume": 7966, "typical_volume": 62806.3, "trend": 28.030781, "fair_value": 28.125042, "relative_strength": -14.857064, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.641593, "energy": 37.135585, "activity_lines": [ 26.545147, 26.680102, 26.895754, 27.360665 ] }, { "date": "2026-06-26", "close": 27.2393, "volume": 34975, "typical_volume": 63536.75, "trend": 27.940634, "fair_value": 28.119138, "relative_strength": -11.84393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.987154, "energy": 25.723141, "activity_lines": [ 26.795407, 26.73148, 26.886712, 27.309602 ] }, { "date": "2026-07-03", "close": 27.3, "volume": 6837, "typical_volume": 62747.95, "trend": 27.860213, "fair_value": 28.113713, "relative_strength": -13.023969, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.444156, "energy": 17.067175, "activity_lines": [ 27.024127, 26.817669, 26.89546, 27.268271 ] }, { "date": "2026-07-10", "close": 27.4642, "volume": 25048, "typical_volume": 61862.75, "trend": 27.802389, "fair_value": 28.10944, "relative_strength": -13.196385, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.84419, "energy": 14.875809, "activity_lines": [ 27.254247, 26.937115, 26.930484, 27.242722 ] }, { "date": "2026-07-17", "close": 27.2379, "volume": 20104, "typical_volume": 61525.3, "trend": 27.714029, "fair_value": 28.103743, "relative_strength": -12.110198, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.895288, "energy": 16.802559, "activity_lines": [ 27.301987, 27.011469, 26.954954, 27.206303 ] }, { "date": "2026-07-24", "close": 26.7045, "volume": 10906, "typical_volume": 61370.95, "trend": 27.61441, "fair_value": 28.094657, "relative_strength": -12.898064, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.750255, "energy": 15.001682, "activity_lines": [ 27.113733, 26.992958, 26.937709, 27.141172 ] }, { "date": "2026-07-31", "close": 27.4816, "volume": 9669, "typical_volume": 54257.9, "trend": 27.5321, "fair_value": 28.090702, "relative_strength": -10.914442, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.22944, "energy": 7.850566, "activity_lines": [ 27.211207, 27.109822, 26.999573, 27.132604 ] }, { "date": "2026-08-07", "close": 27.8933, "volume": 25403, "typical_volume": 53835.0, "trend": 27.47921, "fair_value": 28.089437, "relative_strength": -12.270881, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.847517, "energy": 16.325303, "activity_lines": [ 27.42976, 27.285742, 27.095636, 27.155907 ] } ], "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." } } }