{ "ticker": { "uuid": "27d03744-a922-4b4a-bd76-bad92832b60e", "symbol": "HEAL", "name": "GLOBAL X HEALTHTECH ETF", "exchange": "NASDAQ", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "QQQ", "stage": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 83.419, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Emerging rotation", "architecture_gate": "up", "architecture_direction": 71.453, "architecture_energy": 39.776, "architecture_maturity": 38.03, "architecture_confidence": 46.098, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 26.96, "rotation_up": 46.17, "upward_expansion": 71.57, "deceleration": 69.37, "rotation_down": 24.03, "downward_expansion": 9.57 }, "activity_lines": [ 27.50742, 27.468353, 26.647919, 26.26447 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 28.5871, "trend_reference": 26.26142, "distance_from_trend": 0.088559, "trend_direction": "Weakening", "fair_value": 28.696283, "distance_from_fair_value": -0.003805, "fair_value_direction": "Improving", "relative_strength": -12.32483, "relative_strength_direction": "Improving", "price_momentum": 0.076216, "excess_performance": -0.111237, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.088559, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.038545, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.003805, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.135308, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.123248, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.170409, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.076216, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.117535, "read": "Demand-led" } ], "volume": { "latest": 52666, "relative_activity": 1.266795, "balance": 2.117535, "dry_up": 1.038505, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.046816, "annualized_volatility": 0.263686, "from_high_reference": -0.146875, "from_low_reference": 0.242917 }, "levels": { "trend_reference": 26.26142, "fair_value_reference": 28.696283, "structural_low": 23.0, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.002068, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.024304, "regime_survival": 0.4, "best_return": 0.047013, "worst_return": -0.03502, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.045848, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.078585, "regime_survival": 0.0, "best_return": 0.049638, "worst_return": -0.056191, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.01819, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.179542, "regime_survival": 0.0, "best_return": 0.012409, "worst_return": -0.100937, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": -0.065618, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.430151, "regime_survival": 0.0, "best_return": 0.056191, "worst_return": -0.187427, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.013065, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-29", "end": "2025-01-10", "tenure": "Developing", "return": -0.03626, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.053554, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-14", "tenure": "Developing", "return": -0.105119, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.041879, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.052693, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-16", "tenure": "New", "return": 0.12961, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-07-11", "tenure": "Developing", "return": 0.012522, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-09-12", "tenure": "Developing", "return": 0.04581, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-10-31", "tenure": "Developing", "return": -0.018401, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-11-07", "end": "2025-11-21", "tenure": "New", "return": -0.008087, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-06-12", "tenure": "Extended", "return": -0.183535, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": 0.107629, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.01247, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 30.203689, "volume": 94637, "typical_volume": 162606.85, "trend": 34.790064, "fair_value": 45.096011, "relative_strength": -26.317113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -77.109534, "energy": 68.517868, "activity_lines": [ 32.769508, 33.701989, 34.079473, 34.325771 ] }, { "date": "2023-08-25", "close": 30.113975, "volume": 47887, "typical_volume": 161213.6, "trend": 34.532885, "fair_value": 44.979563, "relative_strength": -27.244986, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.041495, "energy": 83.18238, "activity_lines": [ 31.589271, 32.973403, 33.672628, 34.024088 ] }, { "date": "2023-09-01", "close": 31.160638, "volume": 55261, "typical_volume": 161852.7, "trend": 34.314581, "fair_value": 44.876722, "relative_strength": -26.918335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.724197, "energy": 80.555079, "activity_lines": [ 31.094848, 32.521571, 33.388676, 33.806523 ] }, { "date": "2023-09-08", "close": 29.485978, "volume": 26343, "typical_volume": 159228.45, "trend": 34.103255, "fair_value": 44.763722, "relative_strength": -29.357857, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.124555, "energy": 87.8675, "activity_lines": [ 30.361187, 31.812559, 32.964885, 33.495001 ] }, { "date": "2023-09-15", "close": 28.828076, "volume": 106769, "typical_volume": 149973.55, "trend": 33.855046, "fair_value": 44.634048, "relative_strength": -30.023931, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.431652, "energy": 88.533184, "activity_lines": [ 29.73319, 31.080167, 32.50891, 33.154666 ] }, { "date": "2023-09-22", "close": 27.273034, "volume": 290615, "typical_volume": 146043.05, "trend": 33.604844, "fair_value": 44.494327, "relative_strength": -30.950299, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.588822, "energy": 92.178262, "activity_lines": [ 28.838044, 30.153123, 31.934741, 32.730021 ] }, { "date": "2023-09-29", "close": 27.452462, "volume": 135723, "typical_volume": 146645.2, "trend": 33.308788, "fair_value": 44.350795, "relative_strength": -29.947914, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.47728, "energy": 90.049189, "activity_lines": [ 28.198085, 29.41475, 31.414685, 32.333093 ] }, { "date": "2023-10-06", "close": 26.674941, "volume": 59164, "typical_volume": 143159.75, "trend": 33.097462, "fair_value": 44.184994, "relative_strength": -32.492936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.548955, "energy": 90.768678, "activity_lines": [ 27.476386, 28.67529, 30.853047, 31.905103 ] }, { "date": "2023-10-13", "close": 25.867516, "volume": 110315, "typical_volume": 143648.95, "trend": 32.819349, "fair_value": 44.013537, "relative_strength": -34.001472, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.093232, "energy": 92.672866, "activity_lines": [ 26.784592, 27.957579, 30.249258, 31.438654 ] }, { "date": "2023-10-20", "close": 25.269423, "volume": 49899, "typical_volume": 142804.0, "trend": 32.496378, "fair_value": 43.842547, "relative_strength": -32.974828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.449052, "energy": 91.857435, "activity_lines": [ 26.134664, 27.28554, 29.623539, 30.951562 ] }, { "date": "2023-10-27", "close": 24.252665, "volume": 665203, "typical_volume": 170593.8, "trend": 32.136526, "fair_value": 43.686227, "relative_strength": -33.282137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.860533, "energy": 92.986886, "activity_lines": [ 25.383061, 26.561847, 28.944276, 30.41971 ] }, { "date": "2023-11-03", "close": 25.867516, "volume": 64634, "typical_volume": 169784.75, "trend": 31.832495, "fair_value": 43.511513, "relative_strength": -32.452363, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.907253, "energy": 78.303646, "activity_lines": [ 25.371099, 26.239965, 28.466941, 30.015258 ] }, { "date": "2023-11-10", "close": 24.432093, "volume": 125256, "typical_volume": 169393.65, "trend": 31.470649, "fair_value": 43.331813, "relative_strength": -37.288911, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.280364, "energy": 69.903117, "activity_lines": [ 24.986326, 25.734304, 27.895763, 29.537812 ] }, { "date": "2023-11-17", "close": 26.196467, "volume": 145320, "typical_volume": 172471.05, "trend": 31.147679, "fair_value": 43.156908, "relative_strength": -33.39029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.324535, "energy": 64.107614, "activity_lines": [ 25.339201, 25.671776, 27.537049, 29.197543 ] }, { "date": "2023-11-24", "close": 26.914178, "volume": 471230, "typical_volume": 192876.65, "trend": 30.87455, "fair_value": 42.978747, "relative_strength": -31.472512, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.468505, "energy": 50.853434, "activity_lines": [ 25.909382, 25.799551, 27.287559, 28.924414 ] }, { "date": "2023-12-01", "close": 27.362748, "volume": 97023, "typical_volume": 182189.5, "trend": 30.618367, "fair_value": 42.799629, "relative_strength": -29.606959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.975803, "energy": 39.769423, "activity_lines": [ 26.519437, 26.043681, 27.112973, 28.697846 ] }, { "date": "2023-12-08", "close": 27.24313, "volume": 178724, "typical_volume": 177629.9, "trend": 30.384114, "fair_value": 42.613976, "relative_strength": -29.430667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.022088, "energy": 28.99789, "activity_lines": [ 26.88228, 26.264432, 26.967437, 28.480088 ] }, { "date": "2023-12-15", "close": 29.186931, "volume": 146426, "typical_volume": 160229.65, "trend": 30.224622, "fair_value": 42.434669, "relative_strength": -25.969036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.917742, "energy": 24.543329, "activity_lines": [ 27.801349, 26.842407, 27.044762, 28.402851 ] }, { "date": "2023-12-22", "close": 30.084071, "volume": 241779, "typical_volume": 158061.75, "trend": 30.119956, "fair_value": 42.254407, "relative_strength": -23.542858, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 14.403215, "energy": 29.5495, "activity_lines": [ 28.702476, 27.537826, 27.239712, 28.393783 ] }, { "date": "2023-12-29", "close": 30.263498, "volume": 283032, "typical_volume": 169762.0, "trend": 29.983392, "fair_value": 42.078813, "relative_strength": -22.458742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 16.478041, "energy": 35.893094, "activity_lines": [ 29.404238, 28.189204, 27.472114, 28.403044 ] }, { "date": "2024-01-05", "close": 28.738362, "volume": 132688, "typical_volume": 171664.55, "trend": 29.795989, "fair_value": 41.87389, "relative_strength": -23.088291, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 3.991484, "energy": 29.689926, "activity_lines": [ 29.374334, 28.472482, 27.570372, 28.322719 ] }, { "date": "2024-01-12", "close": 28.678552, "volume": 400085, "typical_volume": 189274.45, "trend": 29.589647, "fair_value": 41.664366, "relative_strength": -24.691301, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": 2.746312, "energy": 25.057976, "activity_lines": [ 29.232785, 28.663328, 27.669911, 28.250627 ] }, { "date": "2024-01-19", "close": 28.140269, "volume": 87215, "typical_volume": 190872.15, "trend": 29.402245, "fair_value": 41.429346, "relative_strength": -27.158572, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -2.295376, "energy": 14.139266, "activity_lines": [ 28.816114, 28.705195, 27.725021, 28.157118 ] }, { "date": "2024-01-26", "close": 28.648648, "volume": 95860, "typical_volume": 194348.0, "trend": 29.197896, "fair_value": 41.220397, "relative_strength": -25.348508, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -16.962144, "energy": 11.757714, "activity_lines": [ 28.63868, 28.772072, 27.842931, 28.108499 ] }, { "date": "2024-02-02", "close": 28.439315, "volume": 50624, "typical_volume": 191540.75, "trend": 29.023453, "fair_value": 40.986144, "relative_strength": -25.883658, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -19.993567, "energy": 14.281502, "activity_lines": [ 28.487163, 28.756304, 27.944892, 28.059558 ] }, { "date": "2024-02-09", "close": 28.708457, "volume": 121771, "typical_volume": 183098.55, "trend": 28.785212, "fair_value": 40.736363, "relative_strength": -25.684944, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -11.986156, "energy": 10.885769, "activity_lines": [ 28.546972, 28.761742, 28.074336, 28.039236 ] }, { "date": "2024-02-16", "close": 28.887885, "volume": 74066, "typical_volume": 180015.7, "trend": 28.57588, "fair_value": 40.497509, "relative_strength": -23.189503, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 11.508269, "energy": 10.597483, "activity_lines": [ 28.668584, 28.775335, 28.214034, 28.04586 ] }, { "date": "2024-02-23", "close": 27.512271, "volume": 64081, "typical_volume": 180261.55, "trend": 28.294776, "fair_value": 40.287602, "relative_strength": -26.970727, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.841998, "energy": 6.974228, "activity_lines": [ 28.317703, 28.508911, 28.215885, 27.97724 ] }, { "date": "2024-03-01", "close": 28.558934, "volume": 498048, "typical_volume": 199648.2, "trend": 28.101393, "fair_value": 40.114116, "relative_strength": -24.721285, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 5.976539, "energy": 5.723971, "activity_lines": [ 28.357576, 28.463239, 28.313431, 27.994283 ] }, { "date": "2024-03-08", "close": 28.708457, "volume": 396088, "typical_volume": 216957.65, "trend": 27.971806, "fair_value": 39.925871, "relative_strength": -22.317173, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.517977, "energy": 15.761943, "activity_lines": [ 28.453271, 28.472482, 28.412401, 28.033448 ] }, { "date": "2024-03-15", "close": 27.661795, "volume": 900356, "typical_volume": 228715.3, "trend": 27.887076, "fair_value": 39.730915, "relative_strength": -23.411234, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.462846, "energy": 11.052776, "activity_lines": [ 28.182135, 28.319697, 28.395313, 28.013447 ] }, { "date": "2024-03-22", "close": 27.841222, "volume": 41025, "typical_volume": 227534.85, "trend": 27.811318, "fair_value": 39.546312, "relative_strength": -24.276224, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.949214, "energy": 9.157006, "activity_lines": [ 28.040587, 28.219108, 28.379079, 28.010489 ] }, { "date": "2024-03-29", "close": 28.439315, "volume": 39351, "typical_volume": 223239.6, "trend": 27.720607, "fair_value": 39.353465, "relative_strength": -21.394515, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.473823, "energy": 10.012256, "activity_lines": [ 28.16818, 28.242488, 28.410407, 28.051005 ] }, { "date": "2024-04-05", "close": 27.123511, "volume": 96209, "typical_volume": 220784.05, "trend": 27.641858, "fair_value": 39.150459, "relative_strength": -23.541704, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.189555, "energy": 15.137536, "activity_lines": [ 27.795369, 28.021194, 28.297339, 28.012483 ] }, { "date": "2024-04-12", "close": 26.734751, "volume": 76051, "typical_volume": 201025.1, "trend": 27.572081, "fair_value": 38.939209, "relative_strength": -23.334721, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.062579, "energy": 34.615608, "activity_lines": [ 27.388666, 27.756946, 28.142832, 27.95396 ] }, { "date": "2024-04-19", "close": 25.389042, "volume": 130588, "typical_volume": 202703.35, "trend": 27.509281, "fair_value": 38.717225, "relative_strength": -22.050366, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.786733, "energy": 55.088749, "activity_lines": [ 26.664973, 27.279015, 27.861016, 27.813118 ] }, { "date": "2024-04-26", "close": 26.226372, "volume": 74431, "typical_volume": 197488.7, "trend": 27.468411, "fair_value": 38.506742, "relative_strength": -21.599049, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.309504, "energy": 58.498652, "activity_lines": [ 26.371908, 27.01368, 27.668345, 27.73035 ] }, { "date": "2024-05-03", "close": 27.557128, "volume": 32397, "typical_volume": 191787.25, "trend": 27.497817, "fair_value": 38.325301, "relative_strength": -17.528615, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.383574, "energy": 46.440222, "activity_lines": [ 26.630084, 27.038691, 27.607254, 27.736074 ] }, { "date": "2024-05-10", "close": 27.093606, "volume": 190711, "typical_volume": 189233.85, "trend": 27.538687, "fair_value": 38.156417, "relative_strength": -19.214612, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.030334, "energy": 30.198983, "activity_lines": [ 26.792566, 26.978609, 27.509779, 27.709996 ] }, { "date": "2024-05-17", "close": 28.349601, "volume": 47384, "typical_volume": 177451.45, "trend": 27.64136, "fair_value": 37.990408, "relative_strength": -16.461464, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.121337, "energy": 6.175328, "activity_lines": [ 27.375707, 27.173533, 27.546163, 27.762313 ] }, { "date": "2024-05-24", "close": 27.542176, "volume": 53552, "typical_volume": 173494.65, "trend": 27.75101, "fair_value": 37.814239, "relative_strength": -19.196036, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.98252, "energy": 10.551617, "activity_lines": [ 27.582049, 27.228177, 27.514763, 27.755914 ] }, { "date": "2024-05-31", "close": 27.093606, "volume": 69054, "typical_volume": 156943.1, "trend": 27.79188, "fair_value": 37.637686, "relative_strength": -18.446758, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.075835, "energy": 18.855314, "activity_lines": [ 27.495325, 27.203438, 27.446339, 27.713501 ] }, { "date": "2024-06-07", "close": 27.811318, "volume": 98936, "typical_volume": 157529.15, "trend": 27.904521, "fair_value": 37.4573, "relative_strength": -17.69626, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.744598, "energy": 16.568004, "activity_lines": [ 27.590023, 27.322785, 27.453815, 27.714755 ] }, { "date": "2024-06-14", "close": 27.452462, "volume": 48560, "typical_volume": 155164.15, "trend": 27.946387, "fair_value": 37.274805, "relative_strength": -20.713707, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.357129, "energy": 12.343618, "activity_lines": [ 27.548157, 27.388303, 27.428681, 27.68559 ] }, { "date": "2024-06-21", "close": 27.033797, "volume": 83494, "typical_volume": 156807.65, "trend": 27.950374, "fair_value": 37.076207, "relative_strength": -21.302165, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.837753, "energy": 16.699564, "activity_lines": [ 27.342812, 27.371719, 27.36937, 27.626713 ] }, { "date": "2024-06-28", "close": 26.166562, "volume": 75915, "typical_volume": 154514.85, "trend": 27.910501, "fair_value": 36.87646, "relative_strength": -22.948207, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -58.923962, "energy": 33.087346, "activity_lines": [ 26.936108, 27.19202, 27.234158, 27.511628 ] }, { "date": "2024-07-05", "close": 25.837611, "volume": 57999, "typical_volume": 153711.5, "trend": 27.863651, "fair_value": 36.680354, "relative_strength": -25.715109, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.937628, "energy": 55.091387, "activity_lines": [ 26.511462, 26.938374, 27.079722, 27.377893 ] }, { "date": "2024-07-12", "close": 26.704846, "volume": 77263, "typical_volume": 154370.6, "trend": 27.780915, "fair_value": 36.50246, "relative_strength": -22.132206, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.694433, "energy": 52.021563, "activity_lines": [ 26.459628, 26.849476, 27.022405, 27.303132 ] }, { "date": "2024-07-19", "close": 26.854369, "volume": 66563, "typical_volume": 132796.35, "trend": 27.673258, "fair_value": 36.323415, "relative_strength": -17.606774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.700265, "energy": 47.524875, "activity_lines": [ 26.531399, 26.803259, 26.983173, 27.243355 ] }, { "date": "2024-07-26", "close": 27.063702, "volume": 61524, "typical_volume": 116068.15, "trend": 27.566598, "fair_value": 36.143413, "relative_strength": -13.896473, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.925482, "energy": 27.154813, "activity_lines": [ 26.712821, 26.799453, 26.971994, 27.204028 ] }, { "date": "2024-08-02", "close": 26.764655, "volume": 53201, "typical_volume": 73710.4, "trend": 27.500808, "fair_value": 35.959767, "relative_strength": -11.31175, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.620417, "energy": 16.852386, "activity_lines": [ 26.792566, 26.764655, 26.940167, 27.15229 ] }, { "date": "2024-08-09", "close": 27.093606, "volume": 48718, "typical_volume": 74095.05, "trend": 27.447976, "fair_value": 35.78609, "relative_strength": -9.792594, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.438783, "energy": 14.32419, "activity_lines": [ 26.942089, 26.803803, 26.943941, 27.126019 ] }, { "date": "2024-08-16", "close": 27.601985, "volume": 51629, "typical_volume": 74708.95, "trend": 27.430034, "fair_value": 35.623148, "relative_strength": -12.183928, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.040207, "energy": 11.864466, "activity_lines": [ 27.177339, 26.935383, 26.999691, 27.135955 ] }, { "date": "2024-08-23", "close": 28.08046, "volume": 47484, "typical_volume": 72272.7, "trend": 27.411094, "fair_value": 35.454264, "relative_strength": -10.94489, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.330766, "energy": 17.772796, "activity_lines": [ 27.512271, 27.157765, 27.104998, 27.177918 ] }, { "date": "2024-08-30", "close": 28.02065, "volume": 24907, "typical_volume": 69715.5, "trend": 27.397138, "fair_value": 35.272536, "relative_strength": -9.797963, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.15752, "energy": 29.138296, "activity_lines": [ 27.745527, 27.357855, 27.200053, 27.217244 ] }, { "date": "2024-09-06", "close": 27.153416, "volume": 69522, "typical_volume": 66662.2, "trend": 27.345304, "fair_value": 35.088124, "relative_strength": -6.689407, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.840189, "energy": 25.34394, "activity_lines": [ 27.625909, 27.382322, 27.20639, 27.20152 ] }, { "date": "2024-09-13", "close": 28.409411, "volume": 78551, "typical_volume": 66868.2, "trend": 27.329355, "fair_value": 34.906779, "relative_strength": -7.338061, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.551211, "energy": 41.560519, "activity_lines": [ 27.899038, 27.61721, 27.323943, 27.270172 ] }, { "date": "2024-09-20", "close": 28.91779, "volume": 50283, "typical_volume": 67762.5, "trend": 27.376205, "fair_value": 34.741153, "relative_strength": -6.60367, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.764523, "energy": 47.613173, "activity_lines": [ 28.253907, 27.89777, 27.479519, 27.372652 ] }, { "date": "2024-09-27", "close": 29.426168, "volume": 77129, "typical_volume": 62083.4, "trend": 27.405113, "fair_value": 34.591822, "relative_strength": -5.462817, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 73.160502, "energy": 66.010583, "activity_lines": [ 28.690514, 28.230527, 27.677032, 27.504908 ] }, { "date": "2024-10-04", "close": 29.456073, "volume": 34646, "typical_volume": 61446.5, "trend": 27.430034, "fair_value": 34.44249, "relative_strength": -5.100779, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.873682, "energy": 72.469578, "activity_lines": [ 29.047376, 28.521961, 27.866285, 27.637228 ] }, { "date": "2024-10-11", "close": 28.887885, "volume": 504335, "typical_volume": 83985.65, "trend": 27.470903, "fair_value": 34.287024, "relative_strength": -7.715551, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.090023, "energy": 67.413498, "activity_lines": [ 29.119147, 28.666591, 27.996157, 27.731283 ] }, { "date": "2024-10-18", "close": 28.977599, "volume": 497169, "typical_volume": 105391.4, "trend": 27.508782, "fair_value": 34.123507, "relative_strength": -7.267262, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.85792, "energy": 63.092161, "activity_lines": [ 29.105192, 28.788928, 28.128165, 27.828489 ] }, { "date": "2024-10-25", "close": 28.140269, "volume": 21154, "typical_volume": 101502.3, "trend": 27.498814, "fair_value": 33.953473, "relative_strength": -9.719428, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.649192, "energy": 36.419947, "activity_lines": [ 28.774247, 28.724769, 28.171455, 27.86923 ] }, { "date": "2024-11-01", "close": 28.708457, "volume": 35181, "typical_volume": 100833.35, "trend": 27.551646, "fair_value": 33.785738, "relative_strength": -6.063155, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.756209, "energy": 25.421028, "activity_lines": [ 28.684533, 28.75413, 28.267292, 27.947271 ] }, { "date": "2024-11-08", "close": 29.75512, "volume": 104747, "typical_volume": 101896.0, "trend": 27.652325, "fair_value": 33.62663, "relative_strength": -7.49389, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.108221, "energy": 38.651014, "activity_lines": [ 28.991555, 28.962375, 28.456831, 28.089431 ] }, { "date": "2024-11-15", "close": 28.289792, "volume": 76585, "typical_volume": 101929.5, "trend": 27.749016, "fair_value": 33.474423, "relative_strength": -8.618619, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.758744, "energy": 21.064333, "activity_lines": [ 28.790197, 28.872661, 28.493856, 28.130558 ] }, { "date": "2024-11-22", "close": 29.366359, "volume": 220884, "typical_volume": 110073.75, "trend": 27.853683, "fair_value": 33.346178, "relative_strength": -6.538443, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.909569, "energy": 32.914496, "activity_lines": [ 28.987567, 28.958025, 28.6233, 28.234903 ] }, { "date": "2024-11-29", "close": 31.340066, "volume": 70186, "typical_volume": 109719.9, "trend": 27.979781, "fair_value": 33.245729, "relative_strength": -0.748088, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.920905, "energy": 55.726562, "activity_lines": [ 29.816923, 29.384846, 28.923913, 28.459831 ] }, { "date": "2024-12-06", "close": 31.011115, "volume": 71090, "typical_volume": 109946.25, "trend": 28.110364, "fair_value": 33.135887, "relative_strength": -4.58552, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.812243, "energy": 59.421493, "activity_lines": [ 30.323308, 29.707816, 29.171125, 28.6554 ] }, { "date": "2024-12-13", "close": 30.652259, "volume": 93848, "typical_volume": 111562.45, "trend": 28.187119, "fair_value": 33.01646, "relative_strength": -5.978394, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.68288, "energy": 67.606766, "activity_lines": [ 30.556564, 29.936722, 29.364366, 28.819394 ] }, { "date": "2024-12-20", "close": 30.353212, "volume": 140993, "typical_volume": 115952.05, "trend": 28.280821, "fair_value": 32.893008, "relative_strength": -4.300639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.971353, "energy": 63.154156, "activity_lines": [ 30.630329, 30.089508, 29.512038, 28.959142 ] }, { "date": "2024-12-27", "close": 30.084071, "volume": 58960, "typical_volume": 116464.15, "trend": 28.380503, "fair_value": 32.768789, "relative_strength": -5.509694, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.354393, "energy": 37.60491, "activity_lines": [ 30.476818, 30.166716, 29.616989, 29.07548 ] }, { "date": "2025-01-03", "close": 30.353212, "volume": 175817, "typical_volume": 122673.55, "trend": 28.465233, "fair_value": 32.674282, "relative_strength": -3.496108, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.36384, "energy": 31.186162, "activity_lines": [ 30.365174, 30.272742, 29.733332, 29.202752 ] }, { "date": "2025-01-10", "close": 30.203689, "volume": 61700, "typical_volume": 123384.35, "trend": 28.55694, "fair_value": 32.578626, "relative_strength": -1.47488, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.704163, "energy": 23.105408, "activity_lines": [ 30.269479, 30.311346, 29.822334, 29.31491 ] }, { "date": "2025-01-17", "close": 30.712068, "volume": 131376, "typical_volume": 128707.8, "trend": 28.679549, "fair_value": 32.499647, "relative_strength": -2.351152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.415785, "energy": 23.971423, "activity_lines": [ 30.397072, 30.415197, 29.949642, 29.453951 ] }, { "date": "2025-01-24", "close": 32.356823, "volume": 72086, "typical_volume": 128836.0, "trend": 28.885891, "fair_value": 32.439454, "relative_strength": 1.569486, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.198115, "energy": 39.829821, "activity_lines": [ 31.06893, 30.800694, 30.220778, 29.691194 ] }, { "date": "2025-01-31", "close": 32.715679, "volume": 34317, "typical_volume": 126624.3, "trend": 29.11516, "fair_value": 32.370635, "relative_strength": 4.274028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.539986, "energy": 57.462341, "activity_lines": [ 31.726832, 31.177493, 30.501312, 29.938277 ] }, { "date": "2025-02-07", "close": 33.283867, "volume": 71131, "typical_volume": 127666.7, "trend": 29.334461, "fair_value": 32.302391, "relative_strength": 6.039558, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.182995, "energy": 69.364812, "activity_lines": [ 32.39869, 31.596702, 30.815453, 30.207226 ] }, { "date": "2025-02-14", "close": 34.599672, "volume": 89813, "typical_volume": 128300.9, "trend": 29.592638, "fair_value": 32.256767, "relative_strength": 7.221768, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.024737, "energy": 81.233468, "activity_lines": [ 33.313772, 32.219806, 31.234118, 30.546917 ] }, { "date": "2025-02-21", "close": 33.403486, "volume": 118041, "typical_volume": 132470.65, "trend": 29.803964, "fair_value": 32.196, "relative_strength": 5.885339, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.999992, "energy": 72.404844, "activity_lines": [ 33.53706, 32.560175, 31.514225, 30.792778 ] }, { "date": "2025-02-28", "close": 31.36997, "volume": 67469, "typical_volume": 110627.35, "trend": 29.957474, "fair_value": 32.131206, "relative_strength": 3.034447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.37499, "energy": 49.634665, "activity_lines": [ 32.903082, 32.480792, 31.581866, 30.893811 ] }, { "date": "2025-03-07", "close": 30.442926, "volume": 436021, "typical_volume": 107569.95, "trend": 30.069118, "fair_value": 32.074848, "relative_strength": 3.448672, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.247591, "energy": 24.384386, "activity_lines": [ 32.025879, 32.214368, 31.549398, 30.925131 ] }, { "date": "2025-03-14", "close": 29.276645, "volume": 441058, "typical_volume": 128565.15, "trend": 30.12494, "fair_value": 31.986859, "relative_strength": 2.102777, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 7.253892, "energy": 15.148846, "activity_lines": [ 30.911432, 31.72937, 31.398878, 30.874003 ] }, { "date": "2025-03-21", "close": 29.276645, "volume": 47953, "typical_volume": 129203.75, "trend": 30.164813, "fair_value": 31.905196, "relative_strength": 1.910315, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.803416, "energy": 27.397673, "activity_lines": [ 30.064134, 31.263945, 31.242947, 30.819275 ] }, { "date": "2025-03-28", "close": 28.050555, "volume": 23439, "typical_volume": 125138.35, "trend": 30.16581, "fair_value": 31.800722, "relative_strength": 0.12313, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.22621, "energy": 41.929621, "activity_lines": [ 29.163007, 30.592449, 30.967539, 30.682871 ] }, { "date": "2025-04-04", "close": 25.538565, "volume": 104465, "typical_volume": 126532.35, "trend": 30.111982, "fair_value": 31.686854, "relative_strength": 1.185749, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.679834, "energy": 69.904518, "activity_lines": [ 27.781413, 29.51262, 30.461011, 30.384339 ] }, { "date": "2025-04-11", "close": 27.332843, "volume": 43127, "typical_volume": 117644.5, "trend": 30.076096, "fair_value": 31.589856, "relative_strength": 0.772355, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.62374, "energy": 66.040903, "activity_lines": [ 27.386672, 28.882991, 30.138468, 30.20504 ] }, { "date": "2025-04-18", "close": 26.884274, "volume": 36783, "typical_volume": 115974.35, "trend": 30.008312, "fair_value": 31.509918, "relative_strength": 1.452227, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.323017, "energy": 76.025374, "activity_lines": [ 27.049746, 28.269674, 29.782888, 29.999116 ] }, { "date": "2025-04-25", "close": 28.379506, "volume": 13732, "typical_volume": 113106.45, "trend": 29.973423, "fair_value": 31.453943, "relative_strength": 0.682737, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.154866, "energy": 57.425843, "activity_lines": [ 27.370723, 28.044574, 29.590929, 29.894031 ] }, { "date": "2025-05-02", "close": 30.173785, "volume": 49387, "typical_volume": 110883.4, "trend": 29.997347, "fair_value": 31.421546, "relative_strength": 3.550096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.870039, "energy": 27.483083, "activity_lines": [ 28.349601, 28.2588, 29.582385, 29.906958 ] }, { "date": "2025-05-09", "close": 31.489589, "volume": 31759, "typical_volume": 105421.7, "trend": 30.084071, "fair_value": 31.399309, "relative_strength": 8.155976, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.265633, "energy": 15.536106, "activity_lines": [ 29.625533, 28.770985, 29.701434, 30.003232 ] }, { "date": "2025-05-16", "close": 32.057777, "volume": 56165, "typical_volume": 105281.95, "trend": 30.186743, "fair_value": 31.380331, "relative_strength": 3.08142, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 14.429104, "energy": 25.874539, "activity_lines": [ 30.694125, 29.384302, 29.869184, 30.130567 ] }, { "date": "2025-05-23", "close": 30.53264, "volume": 22178, "typical_volume": 97600.0, "trend": 30.266489, "fair_value": 31.345251, "relative_strength": 0.560769, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 4.382483, "energy": 23.814453, "activity_lines": [ 30.939343, 29.690961, 29.882285, 30.152883 ] }, { "date": "2025-05-30", "close": 31.280256, "volume": 243055, "typical_volume": 106667.75, "trend": 30.352216, "fair_value": 31.318605, "relative_strength": 1.071473, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.707913, "energy": 29.675278, "activity_lines": [ 31.190542, 30.110713, 29.965734, 30.218288 ] }, { "date": "2025-06-06", "close": 32.40168, "volume": 84859, "typical_volume": 104341.9, "trend": 30.440434, "fair_value": 31.306049, "relative_strength": 2.535897, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.669165, "energy": 42.88408, "activity_lines": [ 31.622166, 30.697931, 30.150858, 30.350511 ] }, { "date": "2025-06-13", "close": 31.639112, "volume": 309494, "typical_volume": 116212.3, "trend": 30.552078, "fair_value": 31.297614, "relative_strength": 0.607157, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.340591, "energy": 29.285749, "activity_lines": [ 31.651074, 31.06739, 30.25531, 30.427845 ] }, { "date": "2025-06-20", "close": 31.968063, "volume": 218385, "typical_volume": 125415.7, "trend": 30.638802, "fair_value": 31.270202, "relative_strength": 1.546098, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.253634, "energy": 30.718069, "activity_lines": [ 31.779664, 31.385738, 30.394509, 30.519199 ] }, { "date": "2025-06-27", "close": 32.11206, "volume": 69447, "typical_volume": 125331.5, "trend": 30.664535, "fair_value": 31.249655, "relative_strength": -2.177416, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.904466, "energy": 28.554435, "activity_lines": [ 31.962234, 31.645991, 30.550982, 30.614248 ] }, { "date": "2025-07-04", "close": 31.812786, "volume": 275624, "typical_volume": 134622.05, "trend": 30.691257, "fair_value": 31.213579, "relative_strength": -4.653424, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.554962, "energy": 20.741946, "activity_lines": [ 31.939751, 31.75678, 30.684533, 30.688329 ] }, { "date": "2025-07-11", "close": 30.914965, "volume": 85811, "typical_volume": 133010.55, "trend": 30.700014, "fair_value": 31.178457, "relative_strength": -7.051665, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 41.47814, "energy": 24.456789, "activity_lines": [ 31.582492, 31.641906, 30.745848, 30.702762 ] }, { "date": "2025-07-18", "close": 30.848527, "volume": 149533, "typical_volume": 137113.75, "trend": 30.716525, "fair_value": 31.134475, "relative_strength": -8.363491, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.350693, "energy": 8.331569, "activity_lines": [ 31.302202, 31.501475, 30.812686, 30.712343 ] }, { "date": "2025-07-25", "close": 31.795129, "volume": 77489, "typical_volume": 119187.15, "trend": 30.77356, "fair_value": 31.094644, "relative_strength": -6.324305, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.405531, "energy": 18.544111, "activity_lines": [ 31.390152, 31.54481, 30.972159, 30.78193 ] }, { "date": "2025-08-01", "close": 30.885038, "volume": 76422, "typical_volume": 100955.35, "trend": 30.791287, "fair_value": 31.043416, "relative_strength": -6.827718, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 5.594498, "energy": 8.547573, "activity_lines": [ 31.186267, 31.42745, 31.038518, 30.789123 ] }, { "date": "2025-08-08", "close": 30.361309, "volume": 106486, "typical_volume": 103882.0, "trend": 30.796541, "fair_value": 30.983083, "relative_strength": -11.48535, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.190278, "energy": 8.344238, "activity_lines": [ 30.889607, 31.208458, 31.047339, 30.761382 ] }, { "date": "2025-08-15", "close": 31.333948, "volume": 56721, "typical_volume": 105546.1, "trend": 30.817271, "fair_value": 30.94413, "relative_strength": -8.969296, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.621026, "energy": 4.650736, "activity_lines": [ 31.013925, 31.183018, 31.143627, 30.796053 ] }, { "date": "2025-08-22", "close": 31.932496, "volume": 36291, "typical_volume": 102137.4, "trend": 30.803126, "fair_value": 30.910163, "relative_strength": -6.268779, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.846333, "energy": 20.597148, "activity_lines": [ 31.309827, 31.285819, 31.281284, 30.868003 ] }, { "date": "2025-08-29", "close": 31.453658, "volume": 59394, "typical_volume": 102950.75, "trend": 30.761059, "fair_value": 30.88022, "relative_strength": -7.299909, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.852748, "energy": 17.603959, "activity_lines": [ 31.373852, 31.296224, 31.342891, 30.909973 ] }, { "date": "2025-09-05", "close": 31.923518, "volume": 50566, "typical_volume": 103639.9, "trend": 30.715714, "fair_value": 30.839486, "relative_strength": -6.675499, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.852505, "energy": 31.438313, "activity_lines": [ 31.617261, 31.40141, 31.429623, 30.984971 ] }, { "date": "2025-09-12", "close": 32.261697, "volume": 18294, "typical_volume": 103868.0, "trend": 30.637782, "fair_value": 30.814148, "relative_strength": -7.237513, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.090495, "energy": 46.817937, "activity_lines": [ 31.904165, 31.571512, 31.524566, 31.084711 ] }, { "date": "2025-09-19", "close": 32.256709, "volume": 16905, "typical_volume": 102243.9, "trend": 30.599556, "fair_value": 30.804688, "relative_strength": -9.02509, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.924379, "energy": 47.581287, "activity_lines": [ 32.062713, 31.732545, 31.600548, 31.189158 ] }, { "date": "2025-09-26", "close": 31.633222, "volume": 23758, "typical_volume": 101843.85, "trend": 30.608331, "fair_value": 30.790942, "relative_strength": -10.156258, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.33361, "energy": 40.429995, "activity_lines": [ 31.951915, 31.755821, 31.607231, 31.255846 ] }, { "date": "2025-10-03", "close": 32.800389, "volume": 33840, "typical_volume": 100727.6, "trend": 30.686913, "fair_value": 30.783622, "relative_strength": -7.763063, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.574558, "energy": 48.427611, "activity_lines": [ 32.250125, 31.977042, 31.724389, 31.39727 ] }, { "date": "2025-10-10", "close": 31.606188, "volume": 45453, "typical_volume": 101891.35, "trend": 30.764564, "fair_value": 30.778139, "relative_strength": -8.902699, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.680988, "energy": 27.527946, "activity_lines": [ 32.060485, 31.962858, 31.724278, 31.456578 ] }, { "date": "2025-10-17", "close": 31.928406, "volume": 30331, "typical_volume": 91255.15, "trend": 30.852956, "fair_value": 30.768683, "relative_strength": -9.994941, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.161529, "energy": 22.738447, "activity_lines": [ 31.999407, 31.994148, 31.749741, 31.531664 ] }, { "date": "2025-10-24", "close": 33.016664, "volume": 20033, "typical_volume": 88013.85, "trend": 31.018493, "fair_value": 30.75681, "relative_strength": -8.805671, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.109606, "energy": 33.349333, "activity_lines": [ 32.323301, 32.19481, 31.875762, 31.671258 ] }, { "date": "2025-10-31", "close": 31.663149, "volume": 29007, "typical_volume": 73989.5, "trend": 31.222646, "fair_value": 30.742587, "relative_strength": -13.957896, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.9879, "energy": 20.056957, "activity_lines": [ 32.145359, 32.118784, 31.869948, 31.712849 ] }, { "date": "2025-11-07", "close": 30.221648, "volume": 23800, "typical_volume": 64260.25, "trend": 31.31894, "fair_value": 30.70513, "relative_strength": -15.030831, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.189009, "energy": 7.072637, "activity_lines": [ 31.484922, 31.785563, 31.726734, 31.648268 ] }, { "date": "2025-11-14", "close": 29.806655, "volume": 35652, "typical_volume": 62570.5, "trend": 31.416352, "fair_value": 30.670763, "relative_strength": -15.845673, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.887792, "energy": 31.201367, "activity_lines": [ 30.85807, 31.39929, 31.552313, 31.550702 ] }, { "date": "2025-11-21", "close": 29.977241, "volume": 30591, "typical_volume": 50318.85, "trend": 31.46961, "fair_value": 30.63749, "relative_strength": -12.449925, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -63.095243, "energy": 56.087367, "activity_lines": [ 30.408049, 31.08252, 31.405117, 31.457856 ] }, { "date": "2025-11-28", "close": 31.673125, "volume": 22056, "typical_volume": 47131.1, "trend": 31.519588, "fair_value": 30.598794, "relative_strength": -11.543312, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -48.546007, "energy": 45.474815, "activity_lines": [ 30.6534, 31.115629, 31.428173, 31.470986 ] }, { "date": "2025-12-05", "close": 31.149396, "volume": 52609, "typical_volume": 42284.9, "trend": 31.508248, "fair_value": 30.557315, "relative_strength": -13.60191, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.23608, "energy": 39.775596, "activity_lines": [ 30.813744, 31.064125, 31.397741, 31.447102 ] }, { "date": "2025-12-12", "close": 30.322503, "volume": 19543, "typical_volume": 39387.6, "trend": 31.450406, "fair_value": 30.519354, "relative_strength": -14.021204, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.882522, "energy": 29.273125, "activity_lines": [ 30.732707, 30.871073, 31.287124, 31.370603 ] }, { "date": "2025-12-19", "close": 29.697919, "volume": 118927, "typical_volume": 41512.85, "trend": 31.422582, "fair_value": 30.486207, "relative_strength": -15.959251, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.537536, "energy": 31.343379, "activity_lines": [ 30.436752, 30.609514, 31.124036, 31.257539 ] }, { "date": "2025-12-26", "close": 29.684452, "volume": 35702, "typical_volume": 37973.65, "trend": 31.369388, "fair_value": 30.454508, "relative_strength": -16.737684, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.629783, "energy": 45.579726, "activity_lines": [ 30.143557, 30.380201, 30.965318, 31.145402 ] }, { "date": "2026-01-02", "close": 29.3, "volume": 38424, "typical_volume": 37058.8, "trend": 31.265999, "fair_value": 30.418235, "relative_strength": -16.060642, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.698334, "energy": 63.255452, "activity_lines": [ 29.741731, 30.121788, 30.773208, 31.011893 ] }, { "date": "2026-01-09", "close": 31.06, "volume": 91240, "typical_volume": 39806.25, "trend": 31.246695, "fair_value": 30.380689, "relative_strength": -12.636252, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.698984, "energy": 45.177923, "activity_lines": [ 30.08478, 30.25095, 30.758403, 30.998602 ] }, { "date": "2026-01-16", "close": 30.5834, "volume": 33284, "typical_volume": 38500.75, "trend": 31.20054, "fair_value": 30.338841, "relative_strength": -12.937376, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.204522, "energy": 29.070199, "activity_lines": [ 30.274922, 30.304423, 30.702363, 30.955809 ] }, { "date": "2026-01-23", "close": 29.94, "volume": 31564, "typical_volume": 37550.65, "trend": 31.128138, "fair_value": 30.288268, "relative_strength": -14.581819, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.937665, "energy": 27.395106, "activity_lines": [ 30.233203, 30.234338, 30.58919, 30.874484 ] }, { "date": "2026-01-30", "close": 28.4542, "volume": 82661, "typical_volume": 40769.0, "trend": 31.016185, "fair_value": 30.228937, "relative_strength": -18.229372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.674597, "energy": 37.464029, "activity_lines": [ 29.68008, 29.891683, 30.343958, 30.701972 ] }, { "date": "2026-02-06", "close": 26.5626, "volume": 80110, "typical_volume": 43929.25, "trend": 30.871106, "fair_value": 30.169558, "relative_strength": -21.585577, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.079231, "energy": 77.043215, "activity_lines": [ 28.57844, 29.232792, 29.936704, 30.414644 ] }, { "date": "2026-02-13", "close": 25.31, "volume": 112970, "typical_volume": 48389.85, "trend": 30.686489, "fair_value": 30.099274, "relative_strength": -23.728071, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.240655, "energy": 91.218154, "activity_lines": [ 27.24176, 28.439074, 29.43727, 30.055863 ] }, { "date": "2026-02-20", "close": 26.445, "volume": 28253, "typical_volume": 48110.5, "trend": 30.508151, "fair_value": 30.04585, "relative_strength": -20.645596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.336298, "energy": 88.317638, "activity_lines": [ 26.666747, 27.957891, 29.076042, 29.782218 ] }, { "date": "2026-02-27", "close": 26.615, "volume": 119602, "typical_volume": 51817.95, "trend": 30.365816, "fair_value": 29.983548, "relative_strength": -19.419918, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.725574, "energy": 87.570073, "activity_lines": [ 26.424293, 27.578117, 28.761268, 29.531047 ] }, { "date": "2026-03-06", "close": 25.615, "volume": 56245, "typical_volume": 53113.65, "trend": 30.207606, "fair_value": 29.936114, "relative_strength": -20.927265, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.420584, "energy": 89.111337, "activity_lines": [ 26.070173, 27.072578, 28.375023, 29.224543 ] }, { "date": "2026-03-13", "close": 24.78, "volume": 93789, "typical_volume": 56801.45, "trend": 29.989141, "fair_value": 29.875659, "relative_strength": -22.1848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.376445, "energy": 81.724006, "activity_lines": [ 25.627, 26.489211, 27.939319, 28.874375 ] }, { "date": "2026-03-20", "close": 24.4165, "volume": 49861, "typical_volume": 57844.15, "trend": 29.738608, "fair_value": 29.808082, "relative_strength": -21.246965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.305032, "energy": 75.704012, "activity_lines": [ 25.1815, 25.921935, 27.508217, 28.51485 ] }, { "date": "2026-03-27", "close": 23.4484, "volume": 84053, "typical_volume": 60856.8, "trend": 29.471766, "fair_value": 29.733724, "relative_strength": -21.325412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.931069, "energy": 78.973919, "activity_lines": [ 24.472867, 25.299431, 27.019424, 28.10903 ] }, { "date": "2026-04-03", "close": 23.7321, "volume": 30589, "typical_volume": 60603.65, "trend": 29.198719, "fair_value": 29.661568, "relative_strength": -22.858538, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.600971, "energy": 73.988686, "activity_lines": [ 24.058573, 24.858236, 26.589903, 27.738729 ] }, { "date": "2026-04-10", "close": 24.1, "volume": 35538, "typical_volume": 60851.0, "trend": 28.926662, "fair_value": 29.589854, "relative_strength": -24.426967, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.104462, "energy": 70.387435, "activity_lines": [ 23.959107, 24.596804, 26.224346, 27.409779 ] }, { "date": "2026-04-17", "close": 26.41, "volume": 37031, "typical_volume": 61599.75, "trend": 28.731772, "fair_value": 29.529113, "relative_strength": -21.422623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.286791, "energy": 52.953401, "activity_lines": [ 24.73064, 24.834538, 26.106777, 27.247414 ] }, { "date": "2026-04-24", "close": 25.52, "volume": 58016, "typical_volume": 61870.1, "trend": 28.527998, "fair_value": 29.467651, "relative_strength": -25.099975, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.98425, "energy": 37.206018, "activity_lines": [ 25.09684, 24.913229, 25.929508, 27.040203 ] }, { "date": "2026-05-01", "close": 25.332, "volume": 28604, "typical_volume": 62323.15, "trend": 28.279052, "fair_value": 29.405367, "relative_strength": -26.109401, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.069727, "energy": 27.026303, "activity_lines": [ 25.326807, 24.95392, 25.761141, 26.834009 ] }, { "date": "2026-05-08", "close": 25.265, "volume": 55705, "typical_volume": 59162.05, "trend": 28.067679, "fair_value": 29.347638, "relative_strength": -29.365711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.833437, "energy": 25.878244, "activity_lines": [ 25.408867, 25.002665, 25.610157, 26.639554 ] }, { "date": "2026-05-15", "close": 24.16, "volume": 40936, "typical_volume": 59423.75, "trend": 27.808732, "fair_value": 29.284743, "relative_strength": -31.512565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.823625, "energy": 35.677872, "activity_lines": [ 25.0204, 24.875047, 25.375045, 26.387446 ] }, { "date": "2026-05-22", "close": 24.81, "volume": 19675, "typical_volume": 58486.3, "trend": 27.535176, "fair_value": 29.230807, "relative_strength": -29.819493, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.583522, "energy": 37.721478, "activity_lines": [ 24.8446, 24.892065, 25.228144, 26.19398 ] }, { "date": "2026-05-29", "close": 25.035, "volume": 25682, "typical_volume": 55208.4, "trend": 27.314238, "fair_value": 29.171028, "relative_strength": -30.45393, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.831282, "energy": 36.480319, "activity_lines": [ 24.850467, 24.949447, 25.124052, 26.032678 ] }, { "date": "2026-06-05", "close": 25.22, "volume": 64307, "typical_volume": 56759.55, "trend": 27.147516, "fair_value": 29.112436, "relative_strength": -25.887704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.389901, "energy": 32.914487, "activity_lines": [ 24.950333, 25.02922, 25.06627, 25.897566 ] }, { "date": "2026-06-12", "close": 25.86, "volume": 29334, "typical_volume": 56648.05, "trend": 27.015961, "fair_value": 29.054687, "relative_strength": -24.992467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.353453, "energy": 14.41039, "activity_lines": [ 25.271, 25.193145, 25.094981, 25.8145 ] }, { "date": "2026-06-19", "close": 26.1519, "volume": 25262, "typical_volume": 53778.1, "trend": 26.88845, "fair_value": 29.005902, "relative_strength": -25.351752, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.653502, "energy": 11.518496, "activity_lines": [ 25.6493, 25.371455, 25.17092, 25.758754 ] }, { "date": "2026-06-26", "close": 27.6301, "volume": 49356, "typical_volume": 52240.4, "trend": 26.753682, "fair_value": 28.960075, "relative_strength": -16.750951, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.455035, "energy": 25.210849, "activity_lines": [ 26.38754, 25.78122, 25.398603, 25.806603 ] }, { "date": "2026-07-03", "close": 28.9666, "volume": 34450, "typical_volume": 48314.4, "trend": 26.680922, "fair_value": 28.929908, "relative_strength": -12.871085, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 47.706638, "energy": 62.903152, "activity_lines": [ 27.383273, 26.411802, 25.748489, 25.949372 ] }, { "date": "2026-07-10", "close": 28.235, "volume": 40246, "typical_volume": 48914.05, "trend": 26.611339, "fair_value": 28.881058, "relative_strength": -15.991775, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.076646, "energy": 64.233314, "activity_lines": [ 27.873033, 26.8467, 26.011286, 26.049635 ] }, { "date": "2026-07-17", "close": 27.44, "volume": 28629, "typical_volume": 44365.4, "trend": 26.536075, "fair_value": 28.83152, "relative_strength": -14.254625, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 38.340003, "energy": 66.931798, "activity_lines": [ 27.896793, 27.084271, 26.189845, 26.103097 ] }, { "date": "2026-07-24", "close": 26.31, "volume": 51197, "typical_volume": 44113.0, "trend": 26.423593, "fair_value": 28.769755, "relative_strength": -15.82259, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.990225, "energy": 50.949075, "activity_lines": [ 27.438553, 27.076842, 26.256857, 26.088511 ] }, { "date": "2026-07-31", "close": 26.9077, "volume": 40208, "typical_volume": 41433.95, "trend": 26.34385, "fair_value": 28.721981, "relative_strength": -13.768856, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.135524, "energy": 24.857599, "activity_lines": [ 27.169007, 27.138995, 26.377482, 26.119744 ] }, { "date": "2026-08-07", "close": 28.5871, "volume": 52666, "typical_volume": 41574.2, "trend": 26.26142, "fair_value": 28.696283, "relative_strength": -12.32483, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 71.452885, "energy": 39.776313, "activity_lines": [ 27.50742, 27.468353, 26.647919, 26.26447 ] } ], "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." } } }