{ "ticker": { "uuid": "25f5c2ce-247f-4fb3-854c-8ef4b2dbe144", "symbol": "LCF", "name": "TOUCHSTONE US LARGE CAP FOCUSED ETF", "exchange": "CBOE", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 78.369, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 87.832, "architecture_energy": 81.445, "architecture_maturity": 13.742, "architecture_confidence": 73.522, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 15.29, "rotation_up": 77.45, "upward_expansion": 92.96, "deceleration": 42.33, "rotation_down": 12.06, "downward_expansion": 17.3 }, "activity_lines": [ 45.148187, 44.464062, 43.989875, 43.305156 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 46.7783, "trend_reference": 42.650683, "distance_from_trend": 0.096777, "trend_direction": "Improving", "fair_value": 36.253918, "distance_from_fair_value": 0.290296, "fair_value_direction": "Improving", "relative_strength": -0.847506, "relative_strength_direction": "Improving", "price_momentum": 0.106542, "excess_performance": -0.019083, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.096777, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.017443, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.290296, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.028089, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.008475, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.024483, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.106542, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.542964, "read": "Demand-led" } ], "volume": { "latest": 1241, "relative_activity": 0.08114, "balance": 2.542964, "dry_up": 0.176469, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.026059, "annualized_volatility": 0.163877, "from_high_reference": 0.0, "from_low_reference": 0.231332 }, "levels": { "trend_reference": 42.650683, "fair_value_reference": 36.253918, "structural_low": 37.99, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": 0.013955, "positive_rate": 0.708333, "directional_follow_through": 0.708333, "median_excess_return": -0.001675, "regime_survival": 0.791667, "best_return": 0.030582, "worst_return": -0.120972, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.027986, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.010679, "regime_survival": 0.5, "best_return": 0.064652, "worst_return": -0.018848, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.067208, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.019083, "regime_survival": 0.8, "best_return": 0.13482, "worst_return": 0.059936, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.167309, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.0307, "regime_survival": 0.5, "best_return": 0.202837, "worst_return": 0.131781, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-14", "tenure": "Developing", "return": -0.061425, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.019525, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.052576, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.127348, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.044422, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.049398, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2026-02-20", "tenure": "Extended", "return": 0.070706, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-27", "end": "2026-03-06", "tenure": "New", "return": -0.016939, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.048737, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.093888, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-15", "tenure": "New", "return": 0.021184, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": -0.036328, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-03", "end": "2026-07-17", "tenure": "New", "return": 0.012341, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.076687, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.688229, "volume": 476, "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": 27.853799, "volume": 196, "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": 28.535611, "volume": 1352, "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": 28.305854, "volume": 3204, "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": 28.076392, "volume": 863, "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": 27.392715, "volume": 107, "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": 27.075216, "volume": 320, "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": 27.196621, "volume": 289, "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": 27.13106, "volume": 861, "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": 26.735831, "volume": 3534, "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": 26.114084, "volume": 382, "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": 27.548274, "volume": 1261, "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": 27.900712, "volume": 449, "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": 28.522067, "volume": 2633, "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": 28.826218, "volume": 806, "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": 29.123891, "volume": 4025, "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": 29.119573, "volume": 991, "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": 29.626982, "volume": 3416, "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": 29.816401, "volume": 749, "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": 29.879959, "volume": 1203, "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": 29.524127, "volume": 421, "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": 30.031385, "volume": 223, "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": 30.285211, "volume": 956, "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": 30.690464, "volume": 3582, "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": 31.156801, "volume": 5862, "typical_volume": 1603.5, "trend": 28.549701, "fair_value": 26.329388, "relative_strength": -0.917155, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.353057, "energy": 96.138391, "activity_lines": [ 30.599226, 30.224322, 29.418624, 28.959327 ] }, { "date": "2024-02-09", "close": 31.367829, "volume": 1899, "typical_volume": 1693.1, "trend": 28.647809, "fair_value": 26.391591, "relative_strength": -1.58743, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.859311, "energy": 95.329433, "activity_lines": [ 30.942637, 30.486567, 29.674143, 29.141141 ] }, { "date": "2024-02-16", "close": 31.179337, "volume": 3167, "typical_volume": 1835.45, "trend": 28.733669, "fair_value": 26.449978, "relative_strength": -1.82165, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.097867, "energy": 90.518209, "activity_lines": [ 31.100303, 30.673743, 29.892781, 29.304466 ] }, { "date": "2024-02-23", "close": 31.623335, "volume": 1387, "typical_volume": 1890.35, "trend": 28.827289, "fair_value": 26.512308, "relative_strength": -2.030265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.001976, "energy": 93.544797, "activity_lines": [ 31.329438, 30.904195, 30.134161, 29.490896 ] }, { "date": "2024-03-01", "close": 31.70745, "volume": 5490, "typical_volume": 2121.8, "trend": 28.942979, "fair_value": 26.574155, "relative_strength": -2.687179, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.179212, "energy": 81.346397, "activity_lines": [ 31.497404, 31.113643, 30.362473, 29.676713 ] }, { "date": "2024-03-08", "close": 31.521627, "volume": 886, "typical_volume": 1989.4, "trend": 29.051902, "fair_value": 26.63236, "relative_strength": -2.993074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.050468, "energy": 67.625637, "activity_lines": [ 31.53563, 31.254922, 30.551295, 29.843077 ] }, { "date": "2024-03-15", "close": 31.63915, "volume": 90, "typical_volume": 1974.8, "trend": 29.183599, "fair_value": 26.690579, "relative_strength": -2.527077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.569435, "energy": 68.327627, "activity_lines": [ 31.588708, 31.387721, 30.72852, 30.009996 ] }, { "date": "2024-03-22", "close": 32.351011, "volume": 1456, "typical_volume": 1984.55, "trend": 29.333506, "fair_value": 26.755641, "relative_strength": -2.470675, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.539154, "energy": 73.953724, "activity_lines": [ 31.860985, 31.611494, 30.947232, 30.214345 ] }, { "date": "2024-03-29", "close": 32.430084, "volume": 1691, "typical_volume": 2046.65, "trend": 29.463322, "fair_value": 26.820123, "relative_strength": -2.533479, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.912917, "energy": 72.324144, "activity_lines": [ 32.081508, 31.807469, 31.150604, 30.414125 ] }, { "date": "2024-04-05", "close": 32.358918, "volume": 1187, "typical_volume": 1974.35, "trend": 29.598424, "fair_value": 26.882357, "relative_strength": -1.832861, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.032763, "energy": 69.337306, "activity_lines": [ 32.224526, 31.951507, 31.32563, 30.600937 ] }, { "date": "2024-04-12", "close": 31.807379, "volume": 8974, "typical_volume": 2382.75, "trend": 29.72279, "fair_value": 26.937079, "relative_strength": -2.025631, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.918799, "energy": 65.617557, "activity_lines": [ 32.140266, 31.96493, 31.429857, 30.743451 ] }, { "date": "2024-04-19", "close": 31.106688, "volume": 2311, "typical_volume": 2297.05, "trend": 29.84659, "fair_value": 26.982899, "relative_strength": -1.119695, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.631108, "energy": 50.03726, "activity_lines": [ 31.803393, 31.839126, 31.453157, 30.832734 ] }, { "date": "2024-04-26", "close": 31.428518, "volume": 6360, "typical_volume": 2565.5, "trend": 29.9917, "fair_value": 27.031221, "relative_strength": -2.594087, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.562065, "energy": 33.751125, "activity_lines": [ 31.609293, 31.776584, 31.497665, 30.934794 ] }, { "date": "2024-05-03", "close": 31.657634, "volume": 3479, "typical_volume": 2568.65, "trend": 30.1404, "fair_value": 27.080968, "relative_strength": -2.395197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.855786, "energy": 27.32543, "activity_lines": [ 31.553065, 31.751169, 31.552998, 31.042274 ] }, { "date": "2024-05-10", "close": 32.291903, "volume": 41, "typical_volume": 2533.25, "trend": 30.312428, "fair_value": 27.136403, "relative_strength": -2.195781, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.422408, "energy": 32.451208, "activity_lines": [ 31.759757, 31.840452, 31.659068, 31.18108 ] }, { "date": "2024-05-17", "close": 32.69765, "volume": 773, "typical_volume": 2511.75, "trend": 30.511155, "fair_value": 27.194943, "relative_strength": -2.493799, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.164784, "energy": 54.762832, "activity_lines": [ 32.106166, 31.992881, 31.791993, 31.334966 ] }, { "date": "2024-05-24", "close": 32.389658, "volume": 37, "typical_volume": 2492.55, "trend": 30.720341, "fair_value": 27.249054, "relative_strength": -3.316866, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.311978, "energy": 56.087773, "activity_lines": [ 32.290559, 32.067929, 31.882168, 31.456159 ] }, { "date": "2024-05-31", "close": 32.150856, "volume": 6, "typical_volume": 2481.7, "trend": 30.873761, "fair_value": 27.299588, "relative_strength": -3.548201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.475452, "energy": 56.486671, "activity_lines": [ 32.30982, 32.085913, 31.935954, 31.548451 ] }, { "date": "2024-06-07", "close": 32.831581, "volume": 897, "typical_volume": 2478.75, "trend": 31.038123, "fair_value": 27.356037, "relative_strength": -2.650206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.234949, "energy": 70.653154, "activity_lines": [ 32.507834, 32.231304, 32.044478, 31.674762 ] }, { "date": "2024-06-14", "close": 32.884758, "volume": 11662, "typical_volume": 2882.75, "trend": 31.183546, "fair_value": 27.411883, "relative_strength": -3.964442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.725787, "energy": 60.206949, "activity_lines": [ 32.64531, 32.379064, 32.145941, 31.793899 ] }, { "date": "2024-06-21", "close": 33.151632, "volume": 1738, "typical_volume": 2676.55, "trend": 31.327726, "fair_value": 27.46928, "relative_strength": -3.692263, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.001076, "energy": 68.967953, "activity_lines": [ 32.83222, 32.565786, 32.262372, 31.920873 ] }, { "date": "2024-06-28", "close": 33.240589, "volume": 1762, "typical_volume": 2669.7, "trend": 31.46495, "fair_value": 27.526422, "relative_strength": -3.285194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.421434, "energy": 78.217258, "activity_lines": [ 33.018518, 32.744241, 32.377776, 32.044283 ] }, { "date": "2024-07-05", "close": 33.917954, "volume": 997, "typical_volume": 2561.2, "trend": 31.624896, "fair_value": 27.589084, "relative_strength": -3.074608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.649654, "energy": 89.124309, "activity_lines": [ 33.373875, 33.007054, 32.548773, 32.202542 ] }, { "date": "2024-07-12", "close": 33.892947, "volume": 1706, "typical_volume": 2577.15, "trend": 31.767095, "fair_value": 27.650287, "relative_strength": -3.965054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.277806, "energy": 90.905858, "activity_lines": [ 33.603089, 33.220059, 32.704347, 32.348867 ] }, { "date": "2024-07-19", "close": 33.477613, "volume": 568, "typical_volume": 2331.05, "trend": 31.889135, "fair_value": 27.706319, "relative_strength": -3.147668, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.206502, "energy": 83.087763, "activity_lines": [ 33.623102, 33.316906, 32.809558, 32.459224 ] }, { "date": "2024-07-26", "close": 33.5555, "volume": 915, "typical_volume": 2332.5, "trend": 32.011653, "fair_value": 27.762025, "relative_strength": -2.04172, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.262221, "energy": 72.449674, "activity_lines": [ 33.629553, 33.406357, 32.913757, 32.566731 ] }, { "date": "2024-08-02", "close": 33.024224, "volume": 4648, "typical_volume": 2560.4, "trend": 32.128323, "fair_value": 27.811668, "relative_strength": -1.441265, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.528348, "energy": 48.162748, "activity_lines": [ 33.431987, 33.383614, 32.957673, 32.632058 ] }, { "date": "2024-08-09", "close": 32.832965, "volume": 29309, "typical_volume": 3953.05, "trend": 32.221709, "fair_value": 27.858596, "relative_strength": -1.947953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.985055, "energy": 26.459118, "activity_lines": [ 33.185093, 33.314559, 32.976779, 32.677519 ] }, { "date": "2024-08-16", "close": 34.010075, "volume": 1332, "typical_volume": 3935.1, "trend": 32.345871, "fair_value": 27.915555, "relative_strength": -2.250321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.739272, "energy": 35.068899, "activity_lines": [ 33.402901, 33.447123, 33.105695, 32.792897 ] }, { "date": "2024-08-23", "close": 34.474633, "volume": 3218, "typical_volume": 4036.65, "trend": 32.47201, "fair_value": 27.97573, "relative_strength": -2.207528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.788568, "energy": 48.413819, "activity_lines": [ 33.767754, 33.642724, 33.271332, 32.930237 ] }, { "date": "2024-08-30", "close": 34.6738, "volume": 5280, "typical_volume": 3851.95, "trend": 32.589243, "fair_value": 28.036621, "relative_strength": -1.834112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.157347, "energy": 65.378556, "activity_lines": [ 34.132527, 33.845631, 33.445861, 33.072288 ] }, { "date": "2024-09-06", "close": 33.378968, "volume": 2939, "typical_volume": 3883.35, "trend": 32.656281, "fair_value": 28.08475, "relative_strength": -1.341235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.677045, "energy": 57.645562, "activity_lines": [ 33.991137, 33.785438, 33.483424, 33.123238 ] }, { "date": "2024-09-13", "close": 34.494895, "volume": 35, "typical_volume": 3567.1, "trend": 32.7668, "fair_value": 28.141984, "relative_strength": -1.89188, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.821977, "energy": 64.120615, "activity_lines": [ 34.198073, 33.925624, 33.616445, 33.241858 ] }, { "date": "2024-09-20", "close": 35.009863, "volume": 5320, "typical_volume": 3659.15, "trend": 32.879684, "fair_value": 28.202762, "relative_strength": -1.735064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.127013, "energy": 60.819461, "activity_lines": [ 34.465869, 34.148952, 33.783909, 33.386572 ] }, { "date": "2024-09-27", "close": 35.177894, "volume": 1156, "typical_volume": 3714.9, "trend": 32.995366, "fair_value": 28.263947, "relative_strength": -1.74025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.398659, "energy": 55.79225, "activity_lines": [ 34.723023, 34.382523, 33.951413, 33.534843 ] }, { "date": "2024-10-04", "close": 35.364903, "volume": 2339, "typical_volume": 3793.2, "trend": 33.123475, "fair_value": 28.325694, "relative_strength": -1.403967, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.102616, "energy": 77.324718, "activity_lines": [ 34.995629, 34.619181, 34.122985, 33.687717 ] }, { "date": "2024-10-11", "close": 35.633853, "volume": 1173, "typical_volume": 3850.0, "trend": 33.256632, "fair_value": 28.388696, "relative_strength": -1.717622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.054115, "energy": 80.013934, "activity_lines": [ 35.311812, 34.871841, 34.307469, 33.849677 ] }, { "date": "2024-10-18", "close": 35.983655, "volume": 885, "typical_volume": 3893.95, "trend": 33.37772, "fair_value": 28.45361, "relative_strength": -1.519102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.221043, "energy": 85.112642, "activity_lines": [ 35.59427, 35.140654, 34.50982, 34.025614 ] }, { "date": "2024-10-25", "close": 35.648284, "volume": 70, "typical_volume": 3852.6, "trend": 33.484993, "fair_value": 28.514582, "relative_strength": -1.414313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.118215, "energy": 76.908164, "activity_lines": [ 35.665687, 35.291205, 34.661979, 34.172102 ] }, { "date": "2024-11-01", "close": 35.36095, "volume": 263, "typical_volume": 3282.65, "trend": 33.585061, "fair_value": 28.572114, "relative_strength": -0.768338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.017892, "energy": 64.599177, "activity_lines": [ 35.598764, 35.359728, 34.77336, 34.293131 ] }, { "date": "2024-11-08", "close": 36.700556, "volume": 1717, "typical_volume": 3281.6, "trend": 33.748167, "fair_value": 28.639851, "relative_strength": -1.597724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.118309, "energy": 79.007759, "activity_lines": [ 35.966173, 35.6557, 35.000531, 34.494131 ] }, { "date": "2024-11-15", "close": 36.144075, "volume": 657, "typical_volume": 3226.35, "trend": 33.91608, "fair_value": 28.70187, "relative_strength": -0.957581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.276585, "energy": 64.247989, "activity_lines": [ 36.059045, 35.813645, 35.157804, 34.648706 ] }, { "date": "2024-11-22", "close": 36.493186, "volume": 5525, "typical_volume": 3452.75, "trend": 34.084902, "fair_value": 28.765733, "relative_strength": -1.552022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.704562, "energy": 71.727453, "activity_lines": [ 36.234272, 35.984789, 35.3345, 34.814971 ] }, { "date": "2024-11-29", "close": 36.915538, "volume": 4626, "typical_volume": 3598.75, "trend": 34.260165, "fair_value": 28.831991, "relative_strength": -1.483916, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.96233, "energy": 84.408545, "activity_lines": [ 36.516315, 36.196392, 35.539156, 34.997592 ] }, { "date": "2024-12-06", "close": 37.319308, "volume": 20867, "typical_volume": 4613.7, "trend": 34.427745, "fair_value": 28.900438, "relative_strength": -1.184712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.956964, "energy": 89.751574, "activity_lines": [ 36.848464, 36.446759, 35.767874, 35.194956 ] }, { "date": "2024-12-13", "close": 37.042253, "volume": 1215, "typical_volume": 4628.7, "trend": 34.572566, "fair_value": 28.965572, "relative_strength": -1.260074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.783076, "energy": 87.677097, "activity_lines": [ 36.957704, 36.607817, 35.951912, 35.363634 ] }, { "date": "2024-12-20", "close": 36.420833, "volume": 2880, "typical_volume": 4540.3, "trend": 34.706938, "fair_value": 29.024741, "relative_strength": -1.034959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.853845, "energy": 74.542929, "activity_lines": [ 36.837024, 36.625393, 36.060163, 35.482877 ] }, { "date": "2024-12-27", "close": 36.566032, "volume": 576, "typical_volume": 3103.65, "trend": 34.854111, "fair_value": 29.084121, "relative_strength": -1.217387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.502083, "energy": 57.711637, "activity_lines": [ 36.746294, 36.65506, 36.166069, 35.602819 ] }, { "date": "2025-01-03", "close": 36.35165, "volume": 823, "typical_volume": 3078.2, "trend": 34.971446, "fair_value": 29.140899, "relative_strength": -1.212693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.004783, "energy": 40.097463, "activity_lines": [ 36.579246, 36.63516, 36.23378, 35.699434 ] }, { "date": "2025-01-10", "close": 35.761554, "volume": 565, "typical_volume": 2945.55, "trend": 35.067339, "fair_value": 29.192222, "relative_strength": -0.830132, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.75262, "energy": 24.91491, "activity_lines": [ 36.253092, 36.495181, 36.234142, 35.750409 ] }, { "date": "2025-01-17", "close": 36.666839, "volume": 1756, "typical_volume": 2769.35, "trend": 35.184513, "fair_value": 29.249719, "relative_strength": -1.15963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.788088, "energy": 23.378198, "activity_lines": [ 36.332551, 36.512516, 36.314593, 35.853602 ] }, { "date": "2025-01-24", "close": 37.486091, "volume": 148859, "typical_volume": 10065.35, "trend": 35.32603, "fair_value": 29.312592, "relative_strength": -0.612979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.644711, "energy": 39.133705, "activity_lines": [ 36.71012, 36.679418, 36.463578, 36.002091 ] }, { "date": "2025-01-31", "close": 37.476543, "volume": 7644, "typical_volume": 10445.8, "trend": 35.444649, "fair_value": 29.37444, "relative_strength": 0.425696, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.198788, "energy": 46.342198, "activity_lines": [ 37.01349, 36.820184, 36.592095, 36.140834 ] }, { "date": "2025-02-07", "close": 37.352019, "volume": 4380, "typical_volume": 10398.8, "trend": 35.559952, "fair_value": 29.434422, "relative_strength": 0.304711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.203608, "energy": 62.32284, "activity_lines": [ 37.214651, 36.920431, 36.694555, 36.26389 ] }, { "date": "2025-02-14", "close": 37.894176, "volume": 798, "typical_volume": 10380.9, "trend": 35.70717, "fair_value": 29.497554, "relative_strength": 0.303398, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.916464, "energy": 80.15881, "activity_lines": [ 37.52984, 37.111315, 36.837495, 36.414485 ] }, { "date": "2025-02-21", "close": 37.147927, "volume": 1244, "typical_volume": 10326.15, "trend": 35.826918, "fair_value": 29.554223, "relative_strength": -0.036637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.338854, "energy": 65.209647, "activity_lines": [ 37.454105, 37.156066, 36.89643, 36.507437 ] }, { "date": "2025-02-28", "close": 36.885353, "volume": 2176, "typical_volume": 10376.3, "trend": 35.955622, "fair_value": 29.608129, "relative_strength": 0.235812, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.355323, "energy": 39.949757, "activity_lines": [ 37.258772, 37.151154, 36.921866, 36.575724 ] }, { "date": "2025-03-07", "close": 35.8452, "volume": 18690, "typical_volume": 11266.55, "trend": 36.05603, "fair_value": 29.653655, "relative_strength": 0.502285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.547127, "energy": 9.405198, "activity_lines": [ 36.756771, 36.948678, 36.842282, 36.568599 ] }, { "date": "2025-03-14", "close": 35.057675, "volume": 17208, "typical_volume": 12123.45, "trend": 36.09095, "fair_value": 29.692814, "relative_strength": 0.595352, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -15.511608, "energy": 25.691635, "activity_lines": [ 36.101018, 36.616122, 36.688354, 36.504189 ] }, { "date": "2025-03-21", "close": 35.387882, "volume": 8285, "typical_volume": 12524.55, "trend": 36.121392, "fair_value": 29.733786, "relative_strength": 1.031921, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -29.198679, "energy": 38.24332, "activity_lines": [ 35.70829, 36.36713, 36.568686, 36.45883 ] }, { "date": "2025-03-28", "close": 34.696933, "volume": 3061, "typical_volume": 12591.75, "trend": 36.122163, "fair_value": 29.769237, "relative_strength": 0.553207, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.175882, "energy": 58.501646, "activity_lines": [ 35.252331, 35.999305, 36.383086, 36.36693 ] }, { "date": "2025-04-04", "close": 31.508941, "volume": 7233, "typical_volume": 12920.55, "trend": 36.059829, "fair_value": 29.781576, "relative_strength": 0.445391, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -67.940059, "energy": 83.724923, "activity_lines": [ 33.897109, 35.087661, 35.903409, 36.069302 ] }, { "date": "2025-04-11", "close": 33.165547, "volume": 21535, "typical_volume": 13721.05, "trend": 36.015517, "fair_value": 29.805406, "relative_strength": 0.080483, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -73.476879, "energy": 85.05784, "activity_lines": [ 33.452516, 34.585894, 35.603576, 35.882575 ] }, { "date": "2025-04-18", "close": 32.328392, "volume": 11601, "typical_volume": 14069.8, "trend": 35.926135, "fair_value": 29.82305, "relative_strength": -0.98258, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.131023, "energy": 89.466388, "activity_lines": [ 32.907515, 34.010299, 35.239859, 35.644696 ] }, { "date": "2025-04-25", "close": 33.90175, "volume": 28475, "typical_volume": 14450.2, "trend": 35.883597, "fair_value": 29.851374, "relative_strength": -0.700343, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.598464, "energy": 78.265554, "activity_lines": [ 33.068918, 33.812108, 35.04783, 35.51409 ] }, { "date": "2025-05-02", "close": 34.900528, "volume": 12247, "typical_volume": 15001.8, "trend": 35.868117, "fair_value": 29.886196, "relative_strength": -0.647766, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.283528, "energy": 46.445481, "activity_lines": [ 33.662323, 33.868102, 34.967196, 35.450666 ] }, { "date": "2025-05-09", "close": 34.722594, "volume": 1149, "typical_volume": 14915.25, "trend": 35.837742, "fair_value": 29.919322, "relative_strength": -0.691636, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.448346, "energy": 30.624532, "activity_lines": [ 34.182844, 33.932606, 34.879815, 35.376762 ] }, { "date": "2025-05-16", "close": 36.445342, "volume": 1562, "typical_volume": 14964.55, "trend": 35.853132, "fair_value": 29.963716, "relative_strength": -0.965491, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.150084, "energy": 20.771832, "activity_lines": [ 35.063371, 34.349661, 34.964593, 35.415962 ] }, { "date": "2025-05-23", "close": 35.499377, "volume": 963, "typical_volume": 14971.55, "trend": 35.848168, "fair_value": 30.001119, "relative_strength": -1.002319, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.090402, "energy": 24.907414, "activity_lines": [ 35.409923, 34.583809, 34.959853, 35.393139 ] }, { "date": "2025-05-30", "close": 36.190127, "volume": 5843, "typical_volume": 15235.45, "trend": 35.875807, "fair_value": 30.042656, "relative_strength": -0.825966, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.995266, "energy": 21.913557, "activity_lines": [ 35.775326, 34.935518, 35.024957, 35.415201 ] }, { "date": "2025-06-06", "close": 37.076316, "volume": 3449, "typical_volume": 15320.1, "trend": 35.888333, "fair_value": 30.089548, "relative_strength": -0.039129, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.557896, "energy": 34.44671, "activity_lines": [ 36.283566, 35.433766, 35.172419, 35.492653 ] }, { "date": "2025-06-13", "close": 37.05354, "volume": 3643, "typical_volume": 8059.3, "trend": 35.918648, "fair_value": 30.135667, "relative_strength": 0.235413, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.482302, "energy": 44.589912, "activity_lines": [ 36.639163, 35.884611, 35.315762, 35.567827 ] }, { "date": "2025-06-20", "close": 36.979243, "volume": 2974, "typical_volume": 7825.8, "trend": 35.93485, "fair_value": 30.18069, "relative_strength": 0.177198, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.478881, "energy": 48.59166, "activity_lines": [ 36.814597, 36.221137, 35.45409, 35.636253 ] }, { "date": "2025-06-27", "close": 38.254719, "volume": 4744, "typical_volume": 7844.0, "trend": 35.979489, "fair_value": 30.233462, "relative_strength": 0.14406, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.932155, "energy": 60.296948, "activity_lines": [ 37.379596, 36.720227, 35.716259, 35.785922 ] }, { "date": "2025-07-04", "close": 38.98386, "volume": 10813, "typical_volume": 8344.75, "trend": 36.034975, "fair_value": 30.290282, "relative_strength": 0.337414, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.156199, "energy": 74.611846, "activity_lines": [ 38.003953, 37.244138, 36.043571, 35.979752 ] }, { "date": "2025-07-11", "close": 38.883903, "volume": 6677, "typical_volume": 8616.4, "trend": 36.096363, "fair_value": 30.345725, "relative_strength": 0.322768, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.23895, "energy": 89.406172, "activity_lines": [ 38.408743, 37.657472, 36.356175, 36.163554 ] }, { "date": "2025-07-18", "close": 39.110373, "volume": 1459, "typical_volume": 8580.55, "trend": 36.186014, "fair_value": 30.401909, "relative_strength": 0.252322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.48898, "energy": 90.710375, "activity_lines": [ 38.768516, 38.039558, 36.682081, 36.358006 ] }, { "date": "2025-07-25", "close": 39.479967, "volume": 7007, "typical_volume": 7996.4, "trend": 36.283145, "fair_value": 30.49488, "relative_strength": -0.29921, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.066554, "energy": 92.232029, "activity_lines": [ 39.114365, 38.409064, 37.032591, 36.570519 ] }, { "date": "2025-08-01", "close": 38.573389, "volume": 7038, "typical_volume": 7487.9, "trend": 36.357203, "fair_value": 30.581952, "relative_strength": -0.15734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.734481, "energy": 86.748881, "activity_lines": [ 38.991307, 38.558564, 37.279452, 36.718277 ] }, { "date": "2025-08-08", "close": 39.61205, "volume": 1980, "typical_volume": 7172.65, "trend": 36.485553, "fair_value": 30.670519, "relative_strength": 0.049545, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.893498, "energy": 86.654399, "activity_lines": [ 39.193224, 38.841019, 37.608491, 36.928267 ] }, { "date": "2025-08-15", "close": 40.08538, "volume": 2116, "typical_volume": 7125.4, "trend": 36.599505, "fair_value": 30.764395, "relative_strength": 0.25444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.05474, "energy": 89.886052, "activity_lines": [ 39.511038, 39.147318, 37.962495, 37.160514 ] }, { "date": "2025-08-22", "close": 40.117804, "volume": 606, "typical_volume": 6794.05, "trend": 36.687228, "fair_value": 30.864556, "relative_strength": 0.04237, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.830442, "energy": 74.402655, "activity_lines": [ 39.759562, 39.404802, 38.293927, 37.387501 ] }, { "date": "2025-08-29", "close": 40.083291, "volume": 2277, "typical_volume": 5831.15, "trend": 36.77412, "fair_value": 30.96908, "relative_strength": 0.000855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.165128, "energy": 82.869116, "activity_lines": [ 39.92942, 39.600297, 38.581077, 37.606602 ] }, { "date": "2025-09-05", "close": 40.084087, "volume": 1920, "typical_volume": 5347.1, "trend": 36.865189, "fair_value": 31.06852, "relative_strength": -0.31676, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.756339, "energy": 84.438442, "activity_lines": [ 40.059321, 39.7395, 38.835362, 37.820148 ] }, { "date": "2025-09-12", "close": 40.734456, "volume": 2574, "typical_volume": 4052.05, "trend": 36.959865, "fair_value": 31.179414, "relative_strength": -0.260985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.442518, "energy": 72.797714, "activity_lines": [ 40.305299, 39.96369, 39.114655, 38.069778 ] }, { "date": "2025-09-19", "close": 41.406508, "volume": 1889, "typical_volume": 3534.15, "trend": 37.101818, "fair_value": 31.301051, "relative_strength": 0.146434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.804938, "energy": 83.494056, "activity_lines": [ 40.700467, 40.278242, 39.425416, 38.356658 ] }, { "date": "2025-09-26", "close": 41.088435, "volume": 6052, "typical_volume": 3779.3, "trend": 37.24192, "fair_value": 31.423667, "relative_strength": -0.333854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.279363, "energy": 80.856395, "activity_lines": [ 40.901536, 40.489097, 39.674903, 38.61386 ] }, { "date": "2025-10-03", "close": 41.138861, "volume": 970, "typical_volume": 3749.7, "trend": 37.418376, "fair_value": 31.543337, "relative_strength": -1.283179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.895833, "energy": 81.577267, "activity_lines": [ 41.054705, 40.673156, 39.89888, 38.865275 ] }, { "date": "2025-10-10", "close": 40.319907, "volume": 2843, "typical_volume": 3843.7, "trend": 37.593783, "fair_value": 31.659463, "relative_strength": -0.834837, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.160214, "energy": 65.847973, "activity_lines": [ 40.864517, 40.678153, 40.022511, 39.052471 ] }, { "date": "2025-10-17", "close": 40.933177, "volume": 484, "typical_volume": 3575.75, "trend": 37.778627, "fair_value": 31.772028, "relative_strength": -1.028339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.887129, "energy": 62.978999, "activity_lines": [ 40.863032, 40.762898, 40.181593, 39.267915 ] }, { "date": "2025-10-24", "close": 41.746164, "volume": 457, "typical_volume": 3426.15, "trend": 38.013601, "fair_value": 31.886739, "relative_strength": -0.958811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.421857, "energy": 67.672177, "activity_lines": [ 41.119294, 40.971439, 40.395517, 39.523886 ] }, { "date": "2025-10-31", "close": 41.871285, "volume": 5374, "typical_volume": 3512.7, "trend": 38.359012, "fair_value": 32.008329, "relative_strength": -1.323362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.935584, "energy": 68.12081, "activity_lines": [ 41.394619, 41.172533, 40.59912, 39.772768 ] }, { "date": "2025-11-07", "close": 41.136772, "volume": 6289, "typical_volume": 3678.45, "trend": 38.62472, "fair_value": 32.11585, "relative_strength": -1.428062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.561539, "energy": 61.810928, "activity_lines": [ 41.372917, 41.208197, 40.709827, 39.951979 ] }, { "date": "2025-11-14", "close": 41.201421, "volume": 1794, "typical_volume": 3530.95, "trend": 38.920488, "fair_value": 32.224424, "relative_strength": -1.379602, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.472843, "energy": 58.038519, "activity_lines": [ 41.372904, 41.236462, 40.806894, 40.118218 ] }, { "date": "2025-11-21", "close": 40.402459, "volume": 1714, "typical_volume": 3076.0, "trend": 39.137178, "fair_value": 32.325545, "relative_strength": -1.377168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.260127, "energy": 38.9678, "activity_lines": [ 41.047802, 41.099146, 40.813837, 40.213829 ] }, { "date": "2025-11-28", "close": 41.770929, "volume": 25804, "typical_volume": 4032.35, "trend": 39.366191, "fair_value": 32.433175, "relative_strength": -1.644379, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.174152, "energy": 38.029998, "activity_lines": [ 41.214238, 41.216678, 40.944356, 40.383748 ] }, { "date": "2025-12-05", "close": 42.109889, "volume": 1090, "typical_volume": 4013.9, "trend": 39.612434, "fair_value": 32.548729, "relative_strength": -1.156491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.484195, "energy": 48.019182, "activity_lines": [ 41.49201, 41.389214, 41.093409, 40.560761 ] }, { "date": "2025-12-12", "close": 41.878943, "volume": 1771, "typical_volume": 3752.1, "trend": 39.793554, "fair_value": 32.66514, "relative_strength": -1.112903, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.649035, "energy": 48.452189, "activity_lines": [ 41.676893, 41.501188, 41.206183, 40.706987 ] }, { "date": "2025-12-19", "close": 42.038576, "volume": 1646, "typical_volume": 3482.5, "trend": 40.011528, "fair_value": 32.782753, "relative_strength": -0.838452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.704199, "energy": 60.650366, "activity_lines": [ 41.865509, 41.62873, 41.322737, 40.851827 ] }, { "date": "2025-12-26", "close": 42.677209, "volume": 1135, "typical_volume": 3440.25, "trend": 40.227764, "fair_value": 32.904554, "relative_strength": -0.738749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.271986, "energy": 79.896417, "activity_lines": [ 42.211192, 41.841139, 41.483612, 41.023807 ] }, { "date": "2026-01-02", "close": 42.2, "volume": 1159, "typical_volume": 3392.4, "trend": 40.398553, "fair_value": 33.020524, "relative_strength": -0.811895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.598928, "energy": 64.687084, "activity_lines": [ 42.246156, 41.935073, 41.584443, 41.151048 ] }, { "date": "2026-01-09", "close": 42.8955, "volume": 3157, "typical_volume": 3519.95, "trend": 40.593285, "fair_value": 33.136331, "relative_strength": -0.744471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.896087, "energy": 74.07808, "activity_lines": [ 42.484348, 42.147209, 41.741442, 41.312141 ] }, { "date": "2026-01-16", "close": 42.5663, "volume": 5731, "typical_volume": 3692.65, "trend": 40.77952, "fair_value": 33.251025, "relative_strength": -1.146679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.710132, "energy": 64.625528, "activity_lines": [ 42.560433, 42.280869, 41.853862, 41.439432 ] }, { "date": "2026-01-23", "close": 42.5702, "volume": 962, "typical_volume": 3644.75, "trend": 40.92337, "fair_value": 33.36166, "relative_strength": -0.770219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.623933, "energy": 51.279983, "activity_lines": [ 42.591994, 42.389247, 41.954829, 41.55496 ] }, { "date": "2026-01-30", "close": 42.72, "volume": 1100, "typical_volume": 3571.05, "trend": 41.047908, "fair_value": 33.470748, "relative_strength": -0.776584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.472776, "energy": 51.919228, "activity_lines": [ 42.638047, 42.499974, 42.058224, 41.670872 ] }, { "date": "2026-02-06", "close": 42.2743, "volume": 1787, "typical_volume": 3565.95, "trend": 41.160921, "fair_value": 33.578601, "relative_strength": -1.568454, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.312395, "energy": 40.603953, "activity_lines": [ 42.53268, 42.487528, 42.109717, 41.749994 ] }, { "date": "2026-02-13", "close": 41.2751, "volume": 3367, "typical_volume": 3431.7, "trend": 41.233079, "fair_value": 33.680418, "relative_strength": -2.574196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.97799, "energy": 14.337587, "activity_lines": [ 42.089293, 42.284257, 42.061915, 41.75736 ] }, { "date": "2026-02-20", "close": 41.8757, "volume": 1641, "typical_volume": 3465.25, "trend": 41.312936, "fair_value": 33.790605, "relative_strength": -2.19997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.583646, "energy": 20.035781, "activity_lines": [ 41.954133, 42.205364, 42.070425, 41.79882 ] }, { "date": "2026-02-27", "close": 41.4728, "volume": 2842, "typical_volume": 3465.2, "trend": 41.409583, "fair_value": 33.8952, "relative_strength": -2.584405, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.942721, "energy": 20.159131, "activity_lines": [ 41.730713, 42.053275, 42.037054, 41.809133 ] }, { "date": "2026-03-06", "close": 40.7703, "volume": 6525, "typical_volume": 3767.25, "trend": 41.448192, "fair_value": 34.002249, "relative_strength": -2.22539, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.15648, "energy": 37.253431, "activity_lines": [ 41.346287, 41.783745, 41.931289, 41.767889 ] }, { "date": "2026-03-13", "close": 40.0, "volume": 3953, "typical_volume": 3942.05, "trend": 41.445346, "fair_value": 34.101713, "relative_strength": -2.53197, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.210584, "energy": 61.566778, "activity_lines": [ 40.835073, 41.408833, 41.752937, 41.674458 ] }, { "date": "2026-03-20", "close": 39.2641, "volume": 4400, "typical_volume": 3893.35, "trend": 41.416889, "fair_value": 34.194862, "relative_strength": -2.482819, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.383113, "energy": 77.492465, "activity_lines": [ 40.23018, 40.94012, 41.512815, 41.533732 ] }, { "date": "2026-03-27", "close": 38.0505, "volume": 11955, "typical_volume": 4176.65, "trend": 41.349129, "fair_value": 34.274325, "relative_strength": -3.244442, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.107233, "energy": 94.851025, "activity_lines": [ 39.35482, 40.316778, 41.169527, 41.316546 ] }, { "date": "2026-04-03", "close": 39.4203, "volume": 3249, "typical_volume": 4249.4, "trend": 41.327003, "fair_value": 34.361809, "relative_strength": -2.994835, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.282476, "energy": 84.541375, "activity_lines": [ 39.191073, 40.024596, 40.971392, 41.192105 ] }, { "date": "2026-04-10", "close": 40.8825, "volume": 4728, "typical_volume": 4400.1, "trend": 41.331938, "fair_value": 34.457338, "relative_strength": -2.815233, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.464331, "energy": 63.74122, "activity_lines": [ 39.65156, 40.05554, 40.920997, 41.163427 ] }, { "date": "2026-04-17", "close": 42.983, "volume": 19865, "typical_volume": 4103.15, "trend": 41.384488, "fair_value": 34.566811, "relative_strength": -2.188049, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -13.823875, "energy": 14.225605, "activity_lines": [ 40.804733, 40.501802, 41.068363, 41.269948 ] }, { "date": "2026-04-24", "close": 43.1214, "volume": 2625, "typical_volume": 4179.9, "trend": 41.452253, "fair_value": 34.673821, "relative_strength": -2.338489, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.211156, "energy": 31.334905, "activity_lines": [ 41.805173, 40.960342, 41.223138, 41.382006 ] }, { "date": "2026-05-01", "close": 43.2345, "volume": 25042, "typical_volume": 5343.45, "trend": 41.522108, "fair_value": 34.783347, "relative_strength": -2.924881, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.775341, "energy": 43.268119, "activity_lines": [ 42.58616, 41.405876, 41.383868, 41.49699 ] }, { "date": "2026-05-08", "close": 44.049, "volume": 140130, "typical_volume": 12267.65, "trend": 41.646411, "fair_value": 34.898395, "relative_strength": -3.295791, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.139728, "energy": 54.444725, "activity_lines": [ 43.293047, 41.974796, 41.615714, 41.660015 ] }, { "date": "2026-05-15", "close": 44.1504, "volume": 38931, "typical_volume": 14157.45, "trend": 41.753652, "fair_value": 35.010593, "relative_strength": -3.20683, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.02481, "energy": 83.51689, "activity_lines": [ 43.725153, 42.515313, 41.847644, 41.821563 ] }, { "date": "2026-05-22", "close": 44.0814, "volume": 4065, "typical_volume": 14302.75, "trend": 41.831493, "fair_value": 35.122358, "relative_strength": -4.110487, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.251851, "energy": 81.909529, "activity_lines": [ 43.9164, 42.981827, 42.065987, 41.97174 ] }, { "date": "2026-05-29", "close": 44.5104, "volume": 10866, "typical_volume": 14688.2, "trend": 41.919463, "fair_value": 35.233186, "relative_strength": -4.467327, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.806873, "energy": 82.465332, "activity_lines": [ 44.17742, 43.452135, 42.316229, 42.144573 ] }, { "date": "2026-06-05", "close": 43.5275, "volume": 6486, "typical_volume": 14725.95, "trend": 41.999154, "fair_value": 35.337828, "relative_strength": -4.072012, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.718578, "energy": 58.329235, "activity_lines": [ 44.018207, 43.648345, 42.46517, 42.248317 ] }, { "date": "2026-06-12", "close": 43.1103, "volume": 8626, "typical_volume": 15109.15, "trend": 42.062784, "fair_value": 35.435456, "relative_strength": -5.391657, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.027949, "energy": 44.713221, "activity_lines": [ 43.700393, 43.66912, 42.569802, 42.320004 ] }, { "date": "2026-06-19", "close": 43.51, "volume": 9775, "typical_volume": 15542.9, "trend": 42.166368, "fair_value": 35.537235, "relative_strength": -5.256262, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.02904, "energy": 35.296374, "activity_lines": [ 43.578393, 43.695476, 42.709928, 42.413373 ] }, { "date": "2026-06-26", "close": 42.48, "volume": 3097, "typical_volume": 15608.4, "trend": 42.190004, "fair_value": 35.629134, "relative_strength": -5.109525, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.464411, "energy": 23.615016, "activity_lines": [ 43.155753, 43.486787, 42.748197, 42.433607 ] }, { "date": "2026-07-03", "close": 43.7092, "volume": 1284, "typical_volume": 15504.25, "trend": 42.243314, "fair_value": 35.730984, "relative_strength": -4.303635, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.55035, "energy": 24.034584, "activity_lines": [ 43.249607, 43.510735, 42.902553, 42.53162 ] }, { "date": "2026-07-10", "close": 44.419, "volume": 4370, "typical_volume": 15640.7, "trend": 42.327983, "fair_value": 35.833512, "relative_strength": -3.93303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.839074, "energy": 32.842597, "activity_lines": [ 43.633473, 43.653049, 43.112919, 42.671987 ] }, { "date": "2026-07-17", "close": 44.2486, "volume": 3069, "typical_volume": 15652.05, "trend": 42.40165, "fair_value": 35.933801, "relative_strength": -2.694092, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.847363, "energy": 40.675025, "activity_lines": [ 43.901107, 43.742845, 43.294944, 42.795898 ] }, { "date": "2026-07-24", "close": 43.4465, "volume": 2401, "typical_volume": 15445.85, "trend": 42.427293, "fair_value": 36.027594, "relative_strength": -3.77758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.854419, "energy": 39.424444, "activity_lines": [ 43.825487, 43.683176, 43.387361, 42.863307 ] }, { "date": "2026-07-31", "close": 45.0189, "volume": 4085, "typical_volume": 15452.45, "trend": 42.521257, "fair_value": 36.135172, "relative_strength": -1.299659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.578279, "energy": 57.463806, "activity_lines": [ 44.278233, 43.922196, 43.616787, 43.030508 ] }, { "date": "2026-08-07", "close": 46.7783, "volume": 1241, "typical_volume": 15294.5, "trend": 42.650683, "fair_value": 36.253918, "relative_strength": -0.847506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.8315, "energy": 81.445202, "activity_lines": [ 45.148187, 44.464062, 43.989875, 43.305156 ] } ], "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." } } }