{ "ticker": { "uuid": "243b6ac1-2947-4a8d-abe7-7b316527d919", "symbol": "XSC", "name": "iShares Conservative Short Term Strategic Fixed Income ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 54.391, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -55.834, "architecture_energy": 60.158, "architecture_maturity": 4.276, "architecture_confidence": 88.753, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 27.69, "rotation_up": 12.19, "upward_expansion": 15.39, "deceleration": 34.88, "rotation_down": 67.29, "downward_expansion": 86.39 }, "activity_lines": [ 17.467188, 17.494329, 17.508146, 17.51797 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 17.48, "trend_reference": 17.540622, "distance_from_trend": -0.003456, "trend_direction": "Weakening", "fair_value": 16.838, "distance_from_fair_value": 0.038128, "fair_value_direction": "Weakening", "relative_strength": -11.541538, "relative_strength_direction": "Weakening", "price_momentum": -0.007793, "excess_performance": -0.128215, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.003456, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000648, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.038128, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.012197, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.115415, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002677, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.007793, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.302452, "read": "Supply-led" } ], "volume": { "latest": 600, "relative_activity": 0.126984, "balance": 0.302452, "dry_up": 1.703704, "accumulation_observations": 0, "distribution_observations": 2 }, "risk": { "range_context": 0.003681, "annualized_volatility": 0.025327, "from_high_reference": -0.014046, "from_low_reference": 0.010716 }, "levels": { "trend_reference": 17.540622, "fair_value_reference": 16.838, "structural_low": 17.385029, "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": 16, "median_return": -0.01051, "positive_rate": 0.375, "directional_follow_through": 0.625, "median_excess_return": -0.002457, "regime_survival": 0.8125, "best_return": 0.029076, "worst_return": -0.01995, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.013567, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.007379, "regime_survival": 0.4, "best_return": 0.039318, "worst_return": -0.035959, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.004754, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.028378, "regime_survival": 0.5, "best_return": 0.040305, "worst_return": -0.062834, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.015955, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.011577, "regime_survival": 0.5, "best_return": 0.031828, "worst_return": -0.063737, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.01087, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2025-01-03", "tenure": "Extended", "return": 0.042361, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.003924, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-04-04", "tenure": "Developing", "return": 0.00357, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.017965, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": 0.005962, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-12-12", "tenure": "Extended", "return": 0.020705, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-09", "tenure": "New", "return": 0.00246, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-06", "tenure": "Developing", "return": -0.001089, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-04-17", "tenure": "Developing", "return": 0.007573, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.006909, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": 0.00171, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-12", "end": "2026-07-24", "tenure": "Developing", "return": -0.007341, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.001719, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 15.424144, "volume": 1600, "typical_volume": 3660.0, "trend": 15.435235, "fair_value": 15.838767, "relative_strength": 1.376134, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.853758, "energy": 6.564925, "activity_lines": [ 15.442746, 15.445103, 15.446574, 15.443891 ] }, { "date": "2023-08-25", "close": 15.430358, "volume": 900, "typical_volume": 3685.0, "trend": 15.434348, "fair_value": 15.833807, "relative_strength": 1.293677, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.65501, "energy": 10.598661, "activity_lines": [ 15.435105, 15.442802, 15.44417, 15.443576 ] }, { "date": "2023-09-01", "close": 15.52847, "volume": 7700, "typical_volume": 4050.0, "trend": 15.433823, "fair_value": 15.829319, "relative_strength": -1.513966, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 60.052278, "energy": 30.510548, "activity_lines": [ 15.464725, 15.459, 15.451441, 15.449649 ] }, { "date": "2023-09-08", "close": 15.501712, "volume": 0, "typical_volume": 3920.0, "trend": 15.437059, "fair_value": 15.824451, "relative_strength": 0.602835, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 51.955368, "energy": 39.43409, "activity_lines": [ 15.481434, 15.468083, 15.45586, 15.454028 ] }, { "date": "2023-09-15", "close": 15.510632, "volume": 2000, "typical_volume": 3845.0, "trend": 15.4435, "fair_value": 15.819797, "relative_strength": -1.954541, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 57.414646, "energy": 54.032166, "activity_lines": [ 15.495352, 15.477283, 15.460993, 15.458775 ] }, { "date": "2023-09-22", "close": 15.439282, "volume": 200, "typical_volume": 3040.0, "trend": 15.450362, "fair_value": 15.815203, "relative_strength": 1.826936, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 39.230428, "energy": 37.848795, "activity_lines": [ 15.482091, 15.471361, 15.459264, 15.458503 ] }, { "date": "2023-09-29", "close": 15.427644, "volume": 2800, "typical_volume": 3010.0, "trend": 15.454212, "fair_value": 15.810324, "relative_strength": 3.037191, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.445809, "energy": 6.633223, "activity_lines": [ 15.463943, 15.46408, 15.456866, 15.457037 ] }, { "date": "2023-10-06", "close": 15.382906, "volume": 3200, "typical_volume": 3115.0, "trend": 15.454528, "fair_value": 15.804898, "relative_strength": 4.31994, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -59.002231, "energy": 31.87837, "activity_lines": [ 15.431062, 15.449958, 15.450786, 15.452437 ] }, { "date": "2023-10-13", "close": 15.427644, "volume": 8500, "typical_volume": 3445.0, "trend": 15.456044, "fair_value": 15.799653, "relative_strength": 3.494014, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.347266, "energy": 34.521135, "activity_lines": [ 15.422798, 15.445528, 15.449256, 15.450702 ] }, { "date": "2023-10-20", "close": 15.365004, "volume": 3400, "typical_volume": 3010.0, "trend": 15.453598, "fair_value": 15.794111, "relative_strength": 4.885159, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -66.192155, "energy": 56.931601, "activity_lines": [ 15.398592, 15.429483, 15.441314, 15.444829 ] }, { "date": "2023-10-27", "close": 15.443833, "volume": 16000, "typical_volume": 3710.0, "trend": 15.452317, "fair_value": 15.789395, "relative_strength": 7.400531, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.982184, "energy": 49.015112, "activity_lines": [ 15.410371, 15.429493, 15.441322, 15.444199 ] }, { "date": "2023-11-03", "close": 15.542608, "volume": 11300, "typical_volume": 4270.0, "trend": 15.453743, "fair_value": 15.784735, "relative_strength": 2.107866, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 21.578752, "energy": 10.524611, "activity_lines": [ 15.454772, 15.447103, 15.450677, 15.450024 ] }, { "date": "2023-11-10", "close": 15.57852, "volume": 35600, "typical_volume": 5955.0, "trend": 15.457537, "fair_value": 15.780043, "relative_strength": 3.117423, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "up", "direction": 69.779438, "energy": 51.592365, "activity_lines": [ 15.503479, 15.469203, 15.46309, 15.458074 ] }, { "date": "2023-11-17", "close": 15.659335, "volume": 13600, "typical_volume": 6210.0, "trend": 15.463732, "fair_value": 15.775659, "relative_strength": 0.915927, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.375855, "energy": 79.75948, "activity_lines": [ 15.566083, 15.505086, 15.482373, 15.471093 ] }, { "date": "2023-11-24", "close": 15.694378, "volume": 2000, "typical_volume": 6260.0, "trend": 15.470332, "fair_value": 15.771242, "relative_strength": 1.411491, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.818887, "energy": 88.403406, "activity_lines": [ 15.624923, 15.544474, 15.503849, 15.485974 ] }, { "date": "2023-12-01", "close": 15.784475, "volume": 9500, "typical_volume": 6660.0, "trend": 15.478761, "fair_value": 15.767192, "relative_strength": 0.186719, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.246496, "energy": 95.770126, "activity_lines": [ 15.691836, 15.596903, 15.532467, 15.506241 ] }, { "date": "2023-12-08", "close": 15.883577, "volume": 4100, "typical_volume": 6425.0, "trend": 15.489907, "fair_value": 15.763672, "relative_strength": 1.378162, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.67395, "energy": 97.294775, "activity_lines": [ 15.769074, 15.661075, 15.569078, 15.532358 ] }, { "date": "2023-12-15", "close": 16.063763, "volume": 50200, "typical_volume": 8835.0, "trend": 15.51058, "fair_value": 15.761202, "relative_strength": 1.555129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.778504, "energy": 98.497688, "activity_lines": [ 15.883643, 15.749717, 15.621017, 15.569381 ] }, { "date": "2023-12-22", "close": 16.099798, "volume": 13500, "typical_volume": 9465.0, "trend": 15.536103, "fair_value": 15.758806, "relative_strength": 0.087926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 92.745038, "energy": 97.29014, "activity_lines": [ 15.977873, 15.832533, 15.673553, 15.607395 ] }, { "date": "2023-12-29", "close": 16.130663, "volume": 100, "typical_volume": 9310.0, "trend": 15.558533, "fair_value": 15.756296, "relative_strength": -0.060039, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.916004, "energy": 94.846898, "activity_lines": [ 16.053028, 15.908739, 15.72577, 15.645754 ] }, { "date": "2024-01-05", "close": 16.030981, "volume": 3100, "typical_volume": 9385.0, "trend": 15.578523, "fair_value": 15.753411, "relative_strength": -0.567543, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.532835, "energy": 87.899931, "activity_lines": [ 16.06587, 15.9529, 15.765298, 15.676235 ] }, { "date": "2024-01-12", "close": 16.094423, "volume": 3600, "typical_volume": 9520.0, "trend": 15.59945, "fair_value": 15.750985, "relative_strength": -0.448774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.906511, "energy": 82.576515, "activity_lines": [ 16.083426, 15.997921, 15.807978, 15.709518 ] }, { "date": "2024-01-19", "close": 15.985671, "volume": 17300, "typical_volume": 10000.0, "trend": 15.618813, "fair_value": 15.747967, "relative_strength": -0.756842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.185122, "energy": 65.930322, "activity_lines": [ 16.050674, 16.013135, 15.837139, 15.734436 ] }, { "date": "2024-01-26", "close": 16.05105, "volume": 23600, "typical_volume": 11180.0, "trend": 15.639883, "fair_value": 15.745469, "relative_strength": -1.416538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.034645, "energy": 62.798003, "activity_lines": [ 16.044922, 16.032834, 15.870349, 15.762322 ] }, { "date": "2024-02-02", "close": 16.069239, "volume": 3200, "typical_volume": 11240.0, "trend": 15.662445, "fair_value": 15.742929, "relative_strength": -1.149441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.032485, "energy": 59.826203, "activity_lines": [ 16.048482, 16.048718, 15.902676, 15.790023 ] }, { "date": "2024-02-09", "close": 16.041962, "volume": 0, "typical_volume": 11230.0, "trend": 15.681144, "fair_value": 15.740161, "relative_strength": -1.002601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.200242, "energy": 53.890572, "activity_lines": [ 16.047045, 16.052827, 15.929745, 15.814508 ] }, { "date": "2024-02-16", "close": 16.041962, "volume": 1800, "typical_volume": 11180.0, "trend": 15.699253, "fair_value": 15.737868, "relative_strength": -2.168049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.259008, "energy": 53.50023, "activity_lines": [ 16.044876, 16.052254, 15.953944, 15.837786 ] }, { "date": "2024-02-23", "close": 16.126768, "volume": 300, "typical_volume": 11035.0, "trend": 15.721192, "fair_value": 15.737224, "relative_strength": -2.373995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.58534, "energy": 61.372996, "activity_lines": [ 16.074473, 16.06422, 15.983294, 15.865368 ] }, { "date": "2024-03-01", "close": 16.117645, "volume": 3500, "typical_volume": 10785.0, "trend": 15.744605, "fair_value": 15.736416, "relative_strength": -3.068738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.657086, "energy": 60.755726, "activity_lines": [ 16.091623, 16.073383, 16.008233, 15.890945 ] }, { "date": "2024-03-08", "close": 16.181528, "volume": 5600, "typical_volume": 10895.0, "trend": 15.768666, "fair_value": 15.736071, "relative_strength": -3.433742, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.45914, "energy": 67.674255, "activity_lines": [ 16.125627, 16.093836, 16.035971, 15.919134 ] }, { "date": "2024-03-15", "close": 16.099392, "volume": 7500, "typical_volume": 10470.0, "trend": 15.791174, "fair_value": 15.735516, "relative_strength": -4.280022, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.207209, "energy": 64.856744, "activity_lines": [ 16.124767, 16.09843, 16.051998, 15.940471 ] }, { "date": "2024-03-22", "close": 16.174234, "volume": 2100, "typical_volume": 10010.0, "trend": 15.81597, "fair_value": 15.734837, "relative_strength": -4.291417, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.454999, "energy": 67.131954, "activity_lines": [ 16.145025, 16.115388, 16.072031, 15.965185 ] }, { "date": "2024-03-29", "close": 16.201712, "volume": 3200, "typical_volume": 8390.0, "trend": 15.838411, "fair_value": 15.734176, "relative_strength": -4.826111, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.284648, "energy": 76.249007, "activity_lines": [ 16.165625, 16.135891, 16.091673, 15.990071 ] }, { "date": "2024-04-05", "close": 16.146759, "volume": 600, "typical_volume": 7740.0, "trend": 15.859913, "fair_value": 15.733004, "relative_strength": -5.46393, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.317663, "energy": 58.682373, "activity_lines": [ 16.16291, 16.142475, 16.103114, 16.009965 ] }, { "date": "2024-04-12", "close": 16.100964, "volume": 5500, "typical_volume": 7915.0, "trend": 15.879591, "fair_value": 15.731379, "relative_strength": -4.124459, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.605707, "energy": 50.395526, "activity_lines": [ 16.14299, 16.138992, 16.107873, 16.025516 ] }, { "date": "2024-04-19", "close": 16.027693, "volume": 2400, "typical_volume": 7560.0, "trend": 15.899204, "fair_value": 15.729337, "relative_strength": -4.124748, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.023612, "energy": 30.135589, "activity_lines": [ 16.104017, 16.12161, 16.103717, 16.035071 ] }, { "date": "2024-04-26", "close": 16.066301, "volume": 3800, "typical_volume": 7545.0, "trend": 15.920493, "fair_value": 15.72774, "relative_strength": -4.554649, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.70341, "energy": 23.099587, "activity_lines": [ 16.082693, 16.111508, 16.10208, 16.045852 ] }, { "date": "2024-05-03", "close": 16.185787, "volume": 3400, "typical_volume": 5205.0, "trend": 15.947256, "fair_value": 15.726642, "relative_strength": -3.704336, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.476596, "energy": 25.44117, "activity_lines": [ 16.108394, 16.122687, 16.110953, 16.062967 ] }, { "date": "2024-05-10", "close": 16.176594, "volume": 3400, "typical_volume": 4700.0, "trend": 15.972221, "fair_value": 15.725539, "relative_strength": -5.232007, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.838182, "energy": 30.682195, "activity_lines": [ 16.132091, 16.131122, 16.118369, 16.077763 ] }, { "date": "2024-05-17", "close": 16.240934, "volume": 2100, "typical_volume": 4800.0, "trend": 16.001418, "fair_value": 15.724885, "relative_strength": -5.432499, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 72.627658, "energy": 49.469349, "activity_lines": [ 16.175247, 16.150184, 16.131547, 16.0951 ] }, { "date": "2024-05-24", "close": 16.224232, "volume": 1500, "typical_volume": 4720.0, "trend": 16.027432, "fair_value": 15.723912, "relative_strength": -4.815427, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.469341, "energy": 66.067529, "activity_lines": [ 16.203504, 16.165128, 16.142609, 16.109475 ] }, { "date": "2024-05-31", "close": 16.224232, "volume": 1600, "typical_volume": 4620.0, "trend": 16.050152, "fair_value": 15.722778, "relative_strength": -4.489663, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.854488, "energy": 66.585242, "activity_lines": [ 16.218658, 16.177803, 16.15275, 16.122172 ] }, { "date": "2024-06-07", "close": 16.371805, "volume": 2000, "typical_volume": 3855.0, "trend": 16.076595, "fair_value": 15.722218, "relative_strength": -2.394776, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.41597, "energy": 83.005675, "activity_lines": [ 16.272474, 16.2164, 16.176329, 16.142923 ] }, { "date": "2024-06-14", "close": 16.408705, "volume": 800, "typical_volume": 2715.0, "trend": 16.101574, "fair_value": 15.722108, "relative_strength": -0.471434, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.175375, "energy": 88.456261, "activity_lines": [ 16.326189, 16.258614, 16.201583, 16.16435 ] }, { "date": "2024-06-21", "close": 16.408705, "volume": 6300, "typical_volume": 2870.0, "trend": 16.125385, "fair_value": 15.721928, "relative_strength": -0.001715, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.897665, "energy": 90.264069, "activity_lines": [ 16.36443, 16.296065, 16.225133, 16.184165 ] }, { "date": "2024-06-28", "close": 16.36517, "volume": 400, "typical_volume": 2890.0, "trend": 16.144742, "fair_value": 15.721256, "relative_strength": -1.688026, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.381355, "energy": 85.17352, "activity_lines": [ 16.376975, 16.320005, 16.242921, 16.199635 ] }, { "date": "2024-07-05", "close": 16.411449, "volume": 400, "typical_volume": 2820.0, "trend": 16.162337, "fair_value": 15.72088, "relative_strength": -2.149175, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.918814, "energy": 85.869398, "activity_lines": [ 16.39555, 16.346223, 16.263578, 16.216842 ] }, { "date": "2024-07-12", "close": 16.457733, "volume": 300, "typical_volume": 2820.0, "trend": 16.17547, "fair_value": 15.720694, "relative_strength": -4.44038, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.734495, "energy": 83.74087, "activity_lines": [ 16.417072, 16.374582, 16.286883, 16.235899 ] }, { "date": "2024-07-19", "close": 16.494761, "volume": 2000, "typical_volume": 2745.0, "trend": 16.188635, "fair_value": 15.720586, "relative_strength": -4.230432, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.143966, "energy": 79.741766, "activity_lines": [ 16.445209, 16.404728, 16.312138, 16.256499 ] }, { "date": "2024-07-26", "close": 16.537527, "volume": 2800, "typical_volume": 2605.0, "trend": 16.202197, "fair_value": 15.720896, "relative_strength": -4.435484, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.99722, "energy": 86.989647, "activity_lines": [ 16.481863, 16.436865, 16.339671, 16.279008 ] }, { "date": "2024-08-02", "close": 16.630436, "volume": 300, "typical_volume": 2245.0, "trend": 16.222179, "fair_value": 15.721748, "relative_strength": -1.325835, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.385938, "energy": 94.773368, "activity_lines": [ 16.540899, 16.480503, 16.374357, 16.306636 ] }, { "date": "2024-08-09", "close": 16.611855, "volume": 3300, "typical_volume": 2305.0, "trend": 16.239427, "fair_value": 15.722588, "relative_strength": -1.773467, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.49565, "energy": 91.675963, "activity_lines": [ 16.576057, 16.513376, 16.404744, 16.331777 ] }, { "date": "2024-08-16", "close": 16.686176, "volume": 700, "typical_volume": 2180.0, "trend": 16.262777, "fair_value": 15.723798, "relative_strength": -4.38285, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.27117, "energy": 94.434954, "activity_lines": [ 16.622628, 16.552714, 16.440126, 16.360599 ] }, { "date": "2024-08-23", "close": 16.714048, "volume": 1500, "typical_volume": 2225.0, "trend": 16.284877, "fair_value": 15.725116, "relative_strength": -5.030212, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.338983, "energy": 93.374321, "activity_lines": [ 16.663261, 16.591404, 16.475855, 16.389714 ] }, { "date": "2024-08-30", "close": 16.718546, "volume": 1000, "typical_volume": 2000.0, "trend": 16.30652, "fair_value": 15.725982, "relative_strength": -5.153393, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.655472, "energy": 89.612092, "activity_lines": [ 16.690773, 16.625361, 16.509311, 16.417692 ] }, { "date": "2024-09-06", "close": 16.802469, "volume": 1300, "typical_volume": 1945.0, "trend": 16.331871, "fair_value": 15.727546, "relative_strength": -2.227749, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.912809, "energy": 95.481819, "activity_lines": [ 16.734192, 16.668942, 16.54782, 16.449689 ] }, { "date": "2024-09-13", "close": 16.830437, "volume": 1900, "typical_volume": 1850.0, "trend": 16.358153, "fair_value": 15.729343, "relative_strength": -5.244607, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.037065, "energy": 95.382017, "activity_lines": [ 16.775465, 16.709658, 16.585302, 16.481854 ] }, { "date": "2024-09-20", "close": 16.867735, "volume": 10300, "typical_volume": 2195.0, "trend": 16.382852, "fair_value": 15.731744, "relative_strength": -6.046124, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.582925, "energy": 95.209773, "activity_lines": [ 16.814598, 16.749538, 16.622698, 16.514731 ] }, { "date": "2024-09-27", "close": 16.900455, "volume": 900, "typical_volume": 2070.0, "trend": 16.408946, "fair_value": 15.734677, "relative_strength": -6.013243, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.538522, "energy": 94.882493, "activity_lines": [ 16.852534, 16.787911, 16.659962, 16.548124 ] }, { "date": "2024-10-04", "close": 16.834946, "volume": 1800, "typical_volume": 2055.0, "trend": 16.430726, "fair_value": 15.737458, "relative_strength": -6.931213, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.517998, "energy": 81.240028, "activity_lines": [ 16.856207, 16.806998, 16.687541, 16.575608 ] }, { "date": "2024-10-11", "close": 16.778801, "volume": 1700, "typical_volume": 2065.0, "trend": 16.453373, "fair_value": 15.739665, "relative_strength": -8.158113, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.792059, "energy": 67.304682, "activity_lines": [ 16.833404, 16.810469, 16.706943, 16.598065 ] }, { "date": "2024-10-18", "close": 16.853664, "volume": 2300, "typical_volume": 2100.0, "trend": 16.476021, "fair_value": 15.742727, "relative_strength": -8.760556, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.238682, "energy": 67.837358, "activity_lines": [ 16.837134, 16.824854, 16.730835, 16.62389 ] }, { "date": "2024-10-25", "close": 16.79752, "volume": 4000, "typical_volume": 2200.0, "trend": 16.495881, "fair_value": 15.745306, "relative_strength": -7.401521, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.300622, "energy": 56.308265, "activity_lines": [ 16.8206, 16.824635, 16.746383, 16.644632 ] }, { "date": "2024-11-01", "close": 16.77499, "volume": 7800, "typical_volume": 2550.0, "trend": 16.516822, "fair_value": 15.747471, "relative_strength": -6.506784, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.597634, "energy": 50.457258, "activity_lines": [ 16.801238, 16.818294, 16.757757, 16.662639 ] }, { "date": "2024-11-08", "close": 16.89702, "volume": 2900, "typical_volume": 2380.0, "trend": 16.543358, "fair_value": 15.750741, "relative_strength": -7.47943, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.523239, "energy": 62.397545, "activity_lines": [ 16.830917, 16.833033, 16.77901, 16.687168 ] }, { "date": "2024-11-15", "close": 16.850088, "volume": 900, "typical_volume": 2405.0, "trend": 16.570771, "fair_value": 15.753872, "relative_strength": -7.985169, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.641347, "energy": 57.667406, "activity_lines": [ 16.840813, 16.835994, 16.793467, 16.706957 ] }, { "date": "2024-11-22", "close": 16.80962, "volume": 1200, "typical_volume": 2445.0, "trend": 16.595548, "fair_value": 15.757536, "relative_strength": -9.920681, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.133922, "energy": 52.566462, "activity_lines": [ 16.832467, 16.830731, 16.801761, 16.722366 ] }, { "date": "2024-11-29", "close": 16.941463, "volume": 1800, "typical_volume": 2520.0, "trend": 16.620737, "fair_value": 15.761398, "relative_strength": -9.671789, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.740819, "energy": 65.326305, "activity_lines": [ 16.871006, 16.849818, 16.820715, 16.744683 ] }, { "date": "2024-12-06", "close": 17.0168, "volume": 1400, "typical_volume": 2490.0, "trend": 16.648744, "fair_value": 15.765473, "relative_strength": -9.14072, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.220434, "energy": 74.936772, "activity_lines": [ 16.925061, 16.881262, 16.844541, 16.770236 ] }, { "date": "2024-12-13", "close": 16.932049, "volume": 12500, "typical_volume": 2975.0, "trend": 16.671781, "fair_value": 15.768736, "relative_strength": -7.826151, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.724369, "energy": 62.498445, "activity_lines": [ 16.934744, 16.895182, 16.85781, 16.788514 ] }, { "date": "2024-12-20", "close": 16.819044, "volume": 0, "typical_volume": 2960.0, "trend": 16.691608, "fair_value": 15.771597, "relative_strength": -5.711928, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.776088, "energy": 53.084846, "activity_lines": [ 16.904424, 16.88679, 16.858437, 16.798014 ] }, { "date": "2024-12-27", "close": 16.85671, "volume": 35900, "typical_volume": 4590.0, "trend": 16.712691, "fair_value": 15.77436, "relative_strength": -6.027245, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.215534, "energy": 42.557946, "activity_lines": [ 16.888729, 16.884514, 16.861754, 16.808666 ] }, { "date": "2025-01-03", "close": 16.911505, "volume": 1900, "typical_volume": 4650.0, "trend": 16.730681, "fair_value": 15.778447, "relative_strength": -6.53715, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.755622, "energy": 30.44446, "activity_lines": [ 16.88816, 16.892146, 16.869123, 16.821493 ] }, { "date": "2025-01-10", "close": 16.85482, "volume": 2200, "typical_volume": 4685.0, "trend": 16.745551, "fair_value": 15.782549, "relative_strength": -5.483109, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.069155, "energy": 20.554527, "activity_lines": [ 16.870692, 16.887399, 16.870021, 16.829502 ] }, { "date": "2025-01-17", "close": 16.902054, "volume": 4500, "typical_volume": 4860.0, "trend": 16.761996, "fair_value": 15.787116, "relative_strength": -6.126694, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.491819, "energy": 22.796397, "activity_lines": [ 16.879769, 16.889788, 16.874746, 16.839599 ] }, { "date": "2025-01-24", "close": 16.920954, "volume": 3800, "typical_volume": 4985.0, "trend": 16.780523, "fair_value": 15.792215, "relative_strength": -7.263018, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.788693, "energy": 32.138778, "activity_lines": [ 16.897144, 16.895523, 16.880398, 16.849854 ] }, { "date": "2025-01-31", "close": 17.050648, "volume": 2000, "typical_volume": 4990.0, "trend": 16.801829, "fair_value": 15.798471, "relative_strength": -6.552031, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.328446, "energy": 48.632823, "activity_lines": [ 16.950958, 16.923549, 16.897838, 16.867282 ] }, { "date": "2025-02-07", "close": 17.088562, "volume": 1400, "typical_volume": 4545.0, "trend": 16.822857, "fair_value": 15.805512, "relative_strength": -5.779169, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.695138, "energy": 79.287131, "activity_lines": [ 17.004479, 16.954087, 16.917839, 16.885781 ] }, { "date": "2025-02-14", "close": 17.04117, "volume": 1900, "typical_volume": 4595.0, "trend": 16.84107, "fair_value": 15.812248, "relative_strength": -5.970917, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.506344, "energy": 76.560618, "activity_lines": [ 17.0304, 16.973333, 16.932276, 16.899865 ] }, { "date": "2025-02-21", "close": 17.04117, "volume": 4000, "typical_volume": 4705.0, "trend": 16.857858, "fair_value": 15.819343, "relative_strength": -4.518981, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.977463, "energy": 76.397345, "activity_lines": [ 17.043898, 16.992137, 16.946042, 16.912775 ] }, { "date": "2025-02-28", "close": 17.114386, "volume": 2700, "typical_volume": 4755.0, "trend": 16.87399, "fair_value": 15.827234, "relative_strength": -4.849146, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.961871, "energy": 81.549753, "activity_lines": [ 17.072526, 17.022268, 16.9658, 16.929325 ] }, { "date": "2025-03-07", "close": 17.095369, "volume": 900, "typical_volume": 4685.0, "trend": 16.890107, "fair_value": 15.836088, "relative_strength": -2.375423, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.417018, "energy": 66.375428, "activity_lines": [ 17.08192, 17.043572, 16.982148, 16.943608 ] }, { "date": "2025-03-14", "close": 17.047829, "volume": 4000, "typical_volume": 4685.0, "trend": 16.902162, "fair_value": 15.844203, "relative_strength": -1.718865, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.893497, "energy": 51.33158, "activity_lines": [ 17.072486, 17.051893, 16.992818, 16.953783 ] }, { "date": "2025-03-21", "close": 17.114386, "volume": 2300, "typical_volume": 4410.0, "trend": 16.915507, "fair_value": 15.853805, "relative_strength": -2.842466, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.232156, "energy": 56.051235, "activity_lines": [ 17.087953, 17.069836, 17.008634, 16.967475 ] }, { "date": "2025-03-28", "close": 17.092445, "volume": 9000, "typical_volume": 4715.0, "trend": 16.92797, "fair_value": 15.862614, "relative_strength": -2.03849, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.531873, "energy": 46.990667, "activity_lines": [ 17.091225, 17.079071, 17.020745, 16.97889 ] }, { "date": "2025-04-04", "close": 17.111521, "volume": 16600, "typical_volume": 5500.0, "trend": 16.938272, "fair_value": 15.872306, "relative_strength": 4.655378, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.45246, "energy": 46.227083, "activity_lines": [ 17.097438, 17.088313, 17.033742, 16.990732 ] }, { "date": "2025-04-11", "close": 16.787224, "volume": 11900, "typical_volume": 6035.0, "trend": 16.936832, "fair_value": 15.880083, "relative_strength": 1.020454, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 5.228964, "energy": 9.714946, "activity_lines": [ 16.995743, 17.035127, 17.014609, 16.980987 ] }, { "date": "2025-04-18", "close": 16.968452, "volume": 0, "typical_volume": 5945.0, "trend": 16.940189, "fair_value": 15.890002, "relative_strength": -0.351161, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 22.076137, "energy": 21.149731, "activity_lines": [ 16.975, 17.01968, 17.012842, 16.983027 ] }, { "date": "2025-04-25", "close": 17.09837, "volume": 400, "typical_volume": 5895.0, "trend": 16.946786, "fair_value": 15.900944, "relative_strength": -1.586049, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 40.59364, "energy": 24.646469, "activity_lines": [ 17.002854, 17.030039, 17.023319, 16.993233 ] }, { "date": "2025-05-02", "close": 17.0888, "volume": 13000, "typical_volume": 5920.0, "trend": 16.955248, "fair_value": 15.912808, "relative_strength": -2.756745, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 39.637763, "energy": 24.154194, "activity_lines": [ 17.028587, 17.037619, 17.032497, 17.002395 ] }, { "date": "2025-05-09", "close": 17.060095, "volume": 3800, "typical_volume": 6110.0, "trend": 16.964624, "fair_value": 15.924269, "relative_strength": -4.031323, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 48.679194, "energy": 27.294275, "activity_lines": [ 17.044994, 17.039113, 17.038194, 17.009159 ] }, { "date": "2025-05-16", "close": 17.127071, "volume": 3400, "typical_volume": 4485.0, "trend": 16.973738, "fair_value": 15.936323, "relative_strength": -5.7689, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.593408, "energy": 50.640574, "activity_lines": [ 17.087155, 17.053771, 17.049123, 17.01964 ] }, { "date": "2025-05-23", "close": 17.056225, "volume": 4900, "typical_volume": 4635.0, "trend": 16.982361, "fair_value": 15.946681, "relative_strength": -5.649635, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.353546, "energy": 42.934818, "activity_lines": [ 17.083044, 17.054972, 17.052016, 17.024961 ] }, { "date": "2025-05-30", "close": 17.161806, "volume": 600, "typical_volume": 4555.0, "trend": 16.995255, "fair_value": 15.958537, "relative_strength": -5.947122, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.402804, "energy": 53.76136, "activity_lines": [ 17.108276, 17.075217, 17.064276, 17.036538 ] }, { "date": "2025-06-06", "close": 17.161806, "volume": 1400, "typical_volume": 4400.0, "trend": 17.004081, "fair_value": 15.97176, "relative_strength": -6.607347, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.707133, "energy": 58.692693, "activity_lines": [ 17.129278, 17.0946, 17.075074, 17.047284 ] }, { "date": "2025-06-13", "close": 17.161806, "volume": 1100, "typical_volume": 4265.0, "trend": 17.014472, "fair_value": 15.985859, "relative_strength": -6.586457, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.692467, "energy": 51.033651, "activity_lines": [ 17.145413, 17.112721, 17.084635, 17.057459 ] }, { "date": "2025-06-20", "close": 17.171406, "volume": 300, "typical_volume": 4180.0, "trend": 17.026532, "fair_value": 15.999269, "relative_strength": -6.215639, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.150084, "energy": 59.207659, "activity_lines": [ 17.157967, 17.131674, 17.093964, 17.067584 ] }, { "date": "2025-06-27", "close": 17.252129, "volume": 200, "typical_volume": 4120.0, "trend": 17.036887, "fair_value": 16.013635, "relative_strength": -6.196401, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.280671, "energy": 69.183737, "activity_lines": [ 17.194474, 17.158319, 17.110405, 17.082139 ] }, { "date": "2025-07-04", "close": 17.261755, "volume": 1400, "typical_volume": 4095.0, "trend": 17.045052, "fair_value": 16.027789, "relative_strength": -7.113828, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.95458, "energy": 70.64887, "activity_lines": [ 17.221128, 17.181556, 17.126984, 17.096646 ] }, { "date": "2025-07-11", "close": 17.2425, "volume": 900, "typical_volume": 3940.0, "trend": 17.055401, "fair_value": 16.041709, "relative_strength": -6.893854, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.415263, "energy": 78.966647, "activity_lines": [ 17.234702, 17.198321, 17.140679, 17.109385 ] }, { "date": "2025-07-18", "close": 17.203995, "volume": 700, "typical_volume": 3840.0, "trend": 17.068232, "fair_value": 16.054451, "relative_strength": -7.839387, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.524202, "energy": 76.974649, "activity_lines": [ 17.23006, 17.205291, 17.149749, 17.118972 ] }, { "date": "2025-07-25", "close": 17.232874, "volume": 2700, "typical_volume": 3930.0, "trend": 17.080771, "fair_value": 16.066414, "relative_strength": -8.036591, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.539642, "energy": 76.384363, "activity_lines": [ 17.232233, 17.214896, 17.161141, 17.129594 ] }, { "date": "2025-08-01", "close": 17.265707, "volume": 7700, "typical_volume": 4115.0, "trend": 17.092578, "fair_value": 16.078699, "relative_strength": -5.955281, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.095024, "energy": 73.705364, "activity_lines": [ 17.241251, 17.228546, 17.175006, 17.141525 ] }, { "date": "2025-08-08", "close": 17.342957, "volume": 5300, "typical_volume": 4265.0, "trend": 17.108849, "fair_value": 16.091698, "relative_strength": -7.734228, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.836452, "energy": 76.272974, "activity_lines": [ 17.275115, 17.252433, 17.195191, 17.157679 ] }, { "date": "2025-08-15", "close": 17.333305, "volume": 700, "typical_volume": 3850.0, "trend": 17.123224, "fair_value": 16.105241, "relative_strength": -8.002557, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.341589, "energy": 84.435003, "activity_lines": [ 17.300348, 17.271271, 17.213368, 17.17216 ] }, { "date": "2025-08-22", "close": 17.371925, "volume": 6000, "typical_volume": 3320.0, "trend": 17.138256, "fair_value": 16.119223, "relative_strength": -8.917629, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.197259, "energy": 89.092467, "activity_lines": [ 17.3324, 17.294014, 17.234076, 17.188205 ] }, { "date": "2025-08-29", "close": 17.395231, "volume": 1700, "typical_volume": 2810.0, "trend": 17.149743, "fair_value": 16.133907, "relative_strength": -9.256553, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.431712, "energy": 92.924043, "activity_lines": [ 17.361026, 17.317173, 17.255764, 17.204784 ] }, { "date": "2025-09-05", "close": 17.414602, "volume": 1000, "typical_volume": 2860.0, "trend": 17.160611, "fair_value": 16.148604, "relative_strength": -10.320715, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.035124, "energy": 91.325371, "activity_lines": [ 17.385285, 17.339784, 17.276401, 17.221872 ] }, { "date": "2025-09-12", "close": 17.501774, "volume": 1100, "typical_volume": 2895.0, "trend": 17.175964, "fair_value": 16.164412, "relative_strength": -10.289019, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.771801, "energy": 95.022013, "activity_lines": [ 17.428675, 17.375292, 17.303216, 17.243882 ] }, { "date": "2025-09-19", "close": 17.521143, "volume": 7700, "typical_volume": 2630.0, "trend": 17.191963, "fair_value": 16.180702, "relative_strength": -11.349425, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.367285, "energy": 93.394046, "activity_lines": [ 17.467934, 17.409956, 17.329954, 17.266152 ] }, { "date": "2025-09-26", "close": 17.495886, "volume": 1800, "typical_volume": 2530.0, "trend": 17.20468, "fair_value": 16.197495, "relative_strength": -11.153511, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.598428, "energy": 86.657108, "activity_lines": [ 17.486251, 17.434963, 17.352229, 17.28576 ] }, { "date": "2025-10-03", "close": 17.52017, "volume": 4400, "typical_volume": 2580.0, "trend": 17.21884, "fair_value": 16.214332, "relative_strength": -12.79577, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.349636, "energy": 88.790062, "activity_lines": [ 17.504398, 17.459077, 17.37474, 17.306114 ] }, { "date": "2025-10-10", "close": 17.486172, "volume": 1700, "typical_volume": 2420.0, "trend": 17.233451, "fair_value": 16.23167, "relative_strength": -10.895396, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.024446, "energy": 76.537873, "activity_lines": [ 17.502884, 17.471787, 17.392143, 17.323361 ] }, { "date": "2025-10-17", "close": 17.544458, "volume": 2900, "typical_volume": 2535.0, "trend": 17.247787, "fair_value": 16.249768, "relative_strength": -11.112993, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.637171, "energy": 70.960421, "activity_lines": [ 17.516027, 17.491085, 17.413048, 17.343426 ] }, { "date": "2025-10-24", "close": 17.573603, "volume": 2600, "typical_volume": 2595.0, "trend": 17.263826, "fair_value": 16.266519, "relative_strength": -11.403015, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.046488, "energy": 72.200145, "activity_lines": [ 17.536039, 17.512019, 17.434908, 17.364446 ] }, { "date": "2025-10-31", "close": 17.548241, "volume": 19900, "typical_volume": 3535.0, "trend": 17.278383, "fair_value": 16.283717, "relative_strength": -10.968078, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.992196, "energy": 66.33273, "activity_lines": [ 17.5441, 17.523972, 17.452391, 17.382796 ] }, { "date": "2025-11-07", "close": 17.528751, "volume": 6800, "typical_volume": 3860.0, "trend": 17.303101, "fair_value": 16.299571, "relative_strength": -9.773911, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.844127, "energy": 65.302007, "activity_lines": [ 17.542174, 17.529177, 17.466177, 17.398949 ] }, { "date": "2025-11-14", "close": 17.519009, "volume": 24000, "typical_volume": 5050.0, "trend": 17.321452, "fair_value": 16.315417, "relative_strength": -10.793741, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.228948, "energy": 62.148247, "activity_lines": [ 17.536429, 17.530182, 17.477334, 17.412878 ] }, { "date": "2025-11-21", "close": 17.531799, "volume": 18100, "typical_volume": 5885.0, "trend": 17.3359, "fair_value": 16.330739, "relative_strength": -10.025814, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.974072, "energy": 55.092754, "activity_lines": [ 17.532758, 17.531614, 17.488439, 17.426449 ] }, { "date": "2025-11-28", "close": 17.600208, "volume": 5800, "typical_volume": 6130.0, "trend": 17.352947, "fair_value": 16.3455, "relative_strength": -12.933734, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.272437, "energy": 61.826926, "activity_lines": [ 17.552734, 17.544939, 17.504772, 17.443501 ] }, { "date": "2025-12-05", "close": 17.551342, "volume": 10400, "typical_volume": 6615.0, "trend": 17.369322, "fair_value": 16.360114, "relative_strength": -12.712184, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.456317, "energy": 53.594619, "activity_lines": [ 17.554647, 17.547941, 17.514749, 17.456301 ] }, { "date": "2025-12-12", "close": 17.517141, "volume": 15700, "typical_volume": 7265.0, "trend": 17.382324, "fair_value": 16.374175, "relative_strength": -13.18193, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.557801, "energy": 48.306346, "activity_lines": [ 17.544954, 17.543717, 17.519814, 17.465837 ] }, { "date": "2025-12-19", "close": 17.541574, "volume": 11000, "typical_volume": 7430.0, "trend": 17.398502, "fair_value": 16.389171, "relative_strength": -13.344175, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.629005, "energy": 46.087215, "activity_lines": [ 17.544178, 17.54399, 17.525852, 17.476112 ] }, { "date": "2025-12-26", "close": 17.531799, "volume": 1700, "typical_volume": 7250.0, "trend": 17.410836, "fair_value": 16.404444, "relative_strength": -13.709399, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.64561, "energy": 32.097808, "activity_lines": [ 17.53864, 17.541478, 17.529646, 17.484711 ] }, { "date": "2026-01-02", "close": 17.555168, "volume": 2100, "typical_volume": 7320.0, "trend": 17.423948, "fair_value": 16.419143, "relative_strength": -12.952331, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.031004, "energy": 31.354018, "activity_lines": [ 17.540892, 17.543446, 17.534766, 17.494023 ] }, { "date": "2026-01-09", "close": 17.584721, "volume": 5900, "typical_volume": 7315.0, "trend": 17.438045, "fair_value": 16.433083, "relative_strength": -14.388357, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.182254, "energy": 43.340776, "activity_lines": [ 17.555998, 17.551122, 17.541644, 17.504396 ] }, { "date": "2026-01-16", "close": 17.59457, "volume": 9500, "typical_volume": 7705.0, "trend": 17.45215, "fair_value": 16.447031, "relative_strength": -15.081736, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.386995, "energy": 48.046386, "activity_lines": [ 17.572161, 17.559925, 17.548447, 17.514494 ] }, { "date": "2026-01-23", "close": 17.584721, "volume": 31800, "typical_volume": 9245.0, "trend": 17.463237, "fair_value": 16.46067, "relative_strength": -15.047891, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.801081, "energy": 46.528422, "activity_lines": [ 17.579879, 17.565741, 17.553363, 17.523047 ] }, { "date": "2026-01-30", "close": 17.607418, "volume": 37500, "typical_volume": 11065.0, "trend": 17.474759, "fair_value": 16.473896, "relative_strength": -11.36625, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.176752, "energy": 61.487513, "activity_lines": [ 17.592286, 17.574489, 17.55963, 17.532349 ] }, { "date": "2026-02-06", "close": 17.617298, "volume": 1200, "typical_volume": 10740.0, "trend": 17.487252, "fair_value": 16.48808, "relative_strength": -12.462611, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.679441, "energy": 63.698446, "activity_lines": [ 17.602946, 17.583658, 17.566335, 17.541545 ] }, { "date": "2026-02-13", "close": 17.696342, "volume": 27600, "typical_volume": 12030.0, "trend": 17.503664, "fair_value": 16.503329, "relative_strength": -13.312683, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.799642, "energy": 80.912973, "activity_lines": [ 17.635811, 17.606889, 17.58011, 17.555035 ] }, { "date": "2026-02-20", "close": 17.696342, "volume": 7800, "typical_volume": 12200.0, "trend": 17.519113, "fair_value": 16.519117, "relative_strength": -14.809588, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.723535, "energy": 89.823201, "activity_lines": [ 17.661235, 17.627483, 17.592931, 17.567466 ] }, { "date": "2026-02-27", "close": 17.719107, "volume": 11200, "typical_volume": 12675.0, "trend": 17.534226, "fair_value": 16.534547, "relative_strength": -15.580354, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.937403, "energy": 93.323629, "activity_lines": [ 17.687463, 17.648957, 17.607081, 17.580368 ] }, { "date": "2026-03-06", "close": 17.575413, "volume": 7600, "typical_volume": 12910.0, "trend": 17.541974, "fair_value": 16.548662, "relative_strength": -12.647618, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.890921, "energy": 61.670091, "activity_lines": [ 17.656833, 17.641078, 17.606436, 17.583026 ] }, { "date": "2026-03-13", "close": 17.481264, "volume": 4300, "typical_volume": 12995.0, "trend": 17.546906, "fair_value": 16.562118, "relative_strength": -11.227929, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 9.204456, "energy": 10.411233, "activity_lines": [ 17.596955, 17.615288, 17.596678, 17.579109 ] }, { "date": "2026-03-20", "close": 17.441628, "volume": 6000, "typical_volume": 12300.0, "trend": 17.54923, "fair_value": 16.574959, "relative_strength": -7.588719, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.322681, "energy": 35.783142, "activity_lines": [ 17.532933, 17.583635, 17.583584, 17.572317 ] }, { "date": "2026-03-27", "close": 17.399939, "volume": 9700, "typical_volume": 12445.0, "trend": 17.549387, "fair_value": 16.587252, "relative_strength": -9.242573, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.996213, "energy": 53.205254, "activity_lines": [ 17.471995, 17.547004, 17.567028, 17.562685 ] }, { "date": "2026-04-03", "close": 17.484428, "volume": 2800, "typical_volume": 11385.0, "trend": 17.551714, "fair_value": 16.599974, "relative_strength": -11.366946, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.112051, "energy": 47.434892, "activity_lines": [ 17.458981, 17.529273, 17.559131, 17.558494 ] }, { "date": "2026-04-10", "close": 17.534126, "volume": 10500, "typical_volume": 11005.0, "trend": 17.552793, "fair_value": 16.613239, "relative_strength": -12.122368, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.165625, "energy": 58.3301, "activity_lines": [ 17.478179, 17.522402, 17.556133, 17.557359 ] }, { "date": "2026-04-17", "close": 17.613647, "volume": 3100, "typical_volume": 10870.0, "trend": 17.555876, "fair_value": 16.626958, "relative_strength": -12.86212, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.52363, "energy": 16.201112, "activity_lines": [ 17.526635, 17.531322, 17.560696, 17.561286 ] }, { "date": "2026-04-24", "close": 17.550697, "volume": 15700, "typical_volume": 11135.0, "trend": 17.557703, "fair_value": 16.640127, "relative_strength": -11.537286, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.506941, "energy": 10.158307, "activity_lines": [ 17.545283, 17.528862, 17.559201, 17.560951 ] }, { "date": "2026-05-01", "close": 17.503981, "volume": 400, "typical_volume": 10370.0, "trend": 17.557164, "fair_value": 16.65277, "relative_strength": -11.254397, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -8.698622, "energy": 13.383131, "activity_lines": [ 17.541088, 17.520557, 17.553259, 17.557485 ] }, { "date": "2026-05-08", "close": 17.503981, "volume": 2100, "typical_volume": 9925.0, "trend": 17.557757, "fair_value": 16.665301, "relative_strength": -11.273796, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.980776, "energy": 19.610115, "activity_lines": [ 17.529956, 17.515749, 17.547381, 17.554054 ] }, { "date": "2026-05-15", "close": 17.429432, "volume": 8800, "typical_volume": 10280.0, "trend": 17.553923, "fair_value": 16.678031, "relative_strength": -10.584894, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -66.846502, "energy": 43.237621, "activity_lines": [ 17.492671, 17.501299, 17.534581, 17.545775 ] }, { "date": "2026-05-22", "close": 17.487183, "volume": 1700, "typical_volume": 10260.0, "trend": 17.551042, "fair_value": 16.691833, "relative_strength": -11.500728, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.96209, "energy": 44.6057, "activity_lines": [ 17.481616, 17.500003, 17.527769, 17.541469 ] }, { "date": "2026-05-29", "close": 17.57691, "volume": 3700, "typical_volume": 10150.0, "trend": 17.551998, "fair_value": 16.705417, "relative_strength": -11.361866, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.617649, "energy": 22.391212, "activity_lines": [ 17.508901, 17.514913, 17.529826, 17.543138 ] }, { "date": "2026-06-05", "close": 17.51709, "volume": 600, "typical_volume": 9705.0, "trend": 17.551609, "fair_value": 16.718787, "relative_strength": -10.326408, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.299285, "energy": 22.324058, "activity_lines": [ 17.514499, 17.516487, 17.526223, 17.540886 ] }, { "date": "2026-06-12", "close": 17.556971, "volume": 0, "typical_volume": 8115.0, "trend": 17.552875, "fair_value": 16.732187, "relative_strength": -11.034261, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.537426, "energy": 14.034487, "activity_lines": [ 17.532516, 17.523182, 17.526787, 17.541232 ] }, { "date": "2026-06-19", "close": 17.57691, "volume": 600, "typical_volume": 6270.0, "trend": 17.554378, "fair_value": 16.746111, "relative_strength": -10.5695, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.654678, "energy": 13.422496, "activity_lines": [ 17.553647, 17.532184, 17.529382, 17.542783 ] }, { "date": "2026-06-26", "close": 17.527792, "volume": 0, "typical_volume": 6210.0, "trend": 17.551965, "fair_value": 16.759629, "relative_strength": -10.402422, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.174294, "energy": 11.127326, "activity_lines": [ 17.548574, 17.531477, 17.527445, 17.541068 ] }, { "date": "2026-07-03", "close": 17.567675, "volume": 500, "typical_volume": 4855.0, "trend": 17.552509, "fair_value": 16.773574, "relative_strength": -10.449358, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.842912, "energy": 16.961728, "activity_lines": [ 17.554087, 17.539582, 17.529732, 17.542081 ] }, { "date": "2026-07-10", "close": 17.507851, "volume": 2100, "typical_volume": 4570.0, "trend": 17.552199, "fair_value": 16.786566, "relative_strength": -10.461106, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.358118, "energy": 10.420955, "activity_lines": [ 17.540275, 17.536502, 17.526934, 17.5392 ] }, { "date": "2026-07-17", "close": 17.507851, "volume": 2400, "typical_volume": 4130.0, "trend": 17.551075, "fair_value": 16.799445, "relative_strength": -9.938881, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.544673, "energy": 17.061167, "activity_lines": [ 17.527079, 17.533351, 17.525034, 17.536339 ] }, { "date": "2026-07-24", "close": 17.428089, "volume": 25200, "typical_volume": 5010.0, "trend": 17.547618, "fair_value": 16.812006, "relative_strength": -10.195961, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.806506, "energy": 48.464362, "activity_lines": [ 17.49057, 17.515628, 17.516544, 17.528404 ] }, { "date": "2026-07-31", "close": 17.450001, "volume": 4000, "typical_volume": 4995.0, "trend": 17.544113, "fair_value": 16.825049, "relative_strength": -9.261301, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.123522, "energy": 60.227585, "activity_lines": [ 17.471286, 17.501913, 17.510842, 17.522106 ] }, { "date": "2026-08-07", "close": 17.48, "volume": 600, "typical_volume": 4725.0, "trend": 17.540622, "fair_value": 16.838, "relative_strength": -11.541538, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.83359, "energy": 60.158375, "activity_lines": [ 17.467188, 17.494329, 17.508146, 17.51797 ] } ], "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." } } }