{ "ticker": { "uuid": "28ad1fe6-de7d-423e-8ddb-0419c6620b99", "symbol": "XEF", "name": "iShares Core MSCI EAFE IMI Index ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 88.991, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 78.845, "architecture_energy": 54.081, "architecture_maturity": 37.35, "architecture_confidence": 76.988, "architecture_tenure": "Developing", "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": 13.24, "rotation_up": 55.33, "upward_expansion": 81.08, "deceleration": 61.47, "rotation_down": 25.12, "downward_expansion": 7.74 }, "activity_lines": [ 51.994, 51.769667, 50.943237, 50.241244 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 53.07, "trend_reference": 49.552563, "distance_from_trend": 0.070984, "trend_direction": "Improving", "fair_value": 40.35253, "distance_from_fair_value": 0.315159, "fair_value_direction": "Improving", "relative_strength": -1.514598, "relative_strength_direction": "Improving", "price_momentum": 0.077126, "excess_performance": -0.043295, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.070984, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.034523, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.315159, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.040407, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.015146, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.025624, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.077126, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.44657, "read": "Demand-led" } ], "volume": { "latest": 811000, "relative_activity": 0.716393, "balance": 1.44657, "dry_up": 0.927005, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.02327, "annualized_volatility": 0.184539, "from_high_reference": -0.002444, "from_low_reference": 0.226762 }, "levels": { "trend_reference": 49.552563, "fair_value_reference": 40.35253, "structural_low": 44.91, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.010518, "positive_rate": 0.74359, "directional_follow_through": 0.74359, "median_excess_return": -0.003512, "regime_survival": 0.769231, "best_return": 0.048222, "worst_return": -0.107044, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.032581, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.00727, "regime_survival": 0.538462, "best_return": 0.090419, "worst_return": -0.026448, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.073015, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.003397, "regime_survival": 0.75, "best_return": 0.148023, "worst_return": 0.019748, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.114495, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.037295, "regime_survival": 0.25, "best_return": 0.231263, "worst_return": -0.16007, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-20", "end": "2023-11-24", "tenure": "Developing", "return": 0.083466, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-01", "end": "2023-12-15", "tenure": "New", "return": 0.008204, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-04-26", "tenure": "Established", "return": 0.068337, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-05-10", "tenure": "New", "return": 0.017431, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-06-28", "tenure": "Developing", "return": -0.018579, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.019904, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-11-15", "tenure": "Established", "return": -0.002909, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2025-01-24", "tenure": "Developing", "return": 0.060064, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.024311, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.030311, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.06635, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2026-03-13", "tenure": "Extended", "return": 0.11759, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-06-05", "tenure": "Developing", "return": 0.096078, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.04316, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 31.012564, "volume": 260102, "typical_volume": 236408.3, "trend": 31.309666, "fair_value": 29.477865, "relative_strength": 5.14446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.259008, "energy": 10.784712, "activity_lines": [ 31.599314, 31.618613, 31.597087, 31.49518 ] }, { "date": "2023-08-25", "close": 31.305937, "volume": 167945, "typical_volume": 231919.5, "trend": 31.325827, "fair_value": 29.510319, "relative_strength": 5.710657, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.179085, "energy": 13.819468, "activity_lines": [ 31.444739, 31.573865, 31.567406, 31.49494 ] }, { "date": "2023-09-01", "close": 31.883223, "volume": 170822, "typical_volume": 225268.2, "trend": 31.356277, "fair_value": 29.549241, "relative_strength": 3.655713, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.649218, "energy": 17.304748, "activity_lines": [ 31.532436, 31.641814, 31.592166, 31.530901 ] }, { "date": "2023-09-08", "close": 31.466824, "volume": 138385, "typical_volume": 224231.6, "trend": 31.388329, "fair_value": 29.583314, "relative_strength": 4.38563, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.154237, "energy": 14.306604, "activity_lines": [ 31.507831, 31.611703, 31.575572, 31.538033 ] }, { "date": "2023-09-15", "close": 31.589851, "volume": 208517, "typical_volume": 222584.8, "trend": 31.410549, "fair_value": 29.617001, "relative_strength": 1.762575, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.337485, "energy": 9.780522, "activity_lines": [ 31.539377, 31.602927, 31.573548, 31.551034 ] }, { "date": "2023-09-22", "close": 30.889534, "volume": 189075, "typical_volume": 217034.55, "trend": 31.427383, "fair_value": 29.64891, "relative_strength": 3.468975, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.340624, "energy": 19.129523, "activity_lines": [ 31.351995, 31.453573, 31.507182, 31.51742 ] }, { "date": "2023-09-29", "close": 30.700264, "volume": 241056, "typical_volume": 218497.75, "trend": 31.412828, "fair_value": 29.678097, "relative_strength": 3.807158, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.33019, "energy": 42.656671, "activity_lines": [ 31.109725, 31.290281, 31.42733, 31.470509 ] }, { "date": "2023-10-06", "close": 30.634012, "volume": 243338, "typical_volume": 220114.8, "trend": 31.410308, "fair_value": 29.70493, "relative_strength": 4.861283, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.933508, "energy": 53.150961, "activity_lines": [ 30.88575, 31.139549, 31.346919, 31.420263 ] }, { "date": "2023-10-13", "close": 30.529913, "volume": 245321, "typical_volume": 217446.3, "trend": 31.433113, "fair_value": 29.732494, "relative_strength": 3.080254, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -69.381236, "energy": 72.074414, "activity_lines": [ 30.710355, 30.99983, 31.263014, 31.363463 ] }, { "date": "2023-10-20", "close": 29.820135, "volume": 265757, "typical_volume": 216856.05, "trend": 31.409966, "fair_value": 29.755676, "relative_strength": 2.247053, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.63502, "energy": 80.304023, "activity_lines": [ 30.360828, 30.752225, 31.116259, 31.2594 ] }, { "date": "2023-10-27", "close": 29.839064, "volume": 470705, "typical_volume": 229767.0, "trend": 31.367014, "fair_value": 29.78591, "relative_strength": 4.060709, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.126014, "energy": 81.127855, "activity_lines": [ 30.135592, 30.544196, 30.978772, 31.158052 ] }, { "date": "2023-11-03", "close": 31.135592, "volume": 422890, "typical_volume": 241710.7, "trend": 31.365112, "fair_value": 29.815903, "relative_strength": 2.353158, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.265303, "energy": 56.819798, "activity_lines": [ 30.412564, 30.593235, 30.971784, 31.143121 ] }, { "date": "2023-11-10", "close": 31.154516, "volume": 273395, "typical_volume": 245033.85, "trend": 31.352694, "fair_value": 29.837073, "relative_strength": 3.055456, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.81683, "energy": 31.595571, "activity_lines": [ 30.666822, 30.648812, 30.969436, 31.129535 ] }, { "date": "2023-11-17", "close": 32.223915, "volume": 264764, "typical_volume": 249205.15, "trend": 31.357964, "fair_value": 29.86331, "relative_strength": 3.594162, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.285914, "energy": 14.0825, "activity_lines": [ 31.242845, 30.912075, 31.066551, 31.185742 ] }, { "date": "2023-11-24", "close": 32.30909, "volume": 180345, "typical_volume": 239865.45, "trend": 31.365453, "fair_value": 29.886851, "relative_strength": 4.003298, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 35.363225, "energy": 40.178178, "activity_lines": [ 31.734327, 31.177058, 31.167903, 31.247105 ] }, { "date": "2023-12-01", "close": 32.299625, "volume": 208320, "typical_volume": 242271.05, "trend": 31.380678, "fair_value": 29.912008, "relative_strength": 2.010417, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.69025, "energy": 51.539914, "activity_lines": [ 32.056724, 31.427244, 31.261458, 31.307374 ] }, { "date": "2023-12-08", "close": 32.507824, "volume": 303056, "typical_volume": 247498.95, "trend": 31.400675, "fair_value": 29.939561, "relative_strength": 3.119545, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.599241, "energy": 66.554721, "activity_lines": [ 32.284482, 31.689646, 31.37349, 31.380094 ] }, { "date": "2023-12-15", "close": 32.56461, "volume": 284505, "typical_volume": 251739.75, "trend": 31.420088, "fair_value": 29.96379, "relative_strength": 2.182589, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 71.398837, "energy": 79.41596, "activity_lines": [ 32.439688, 31.929508, 31.488767, 31.455186 ] }, { "date": "2023-12-22", "close": 32.895836, "volume": 314961, "typical_volume": 253451.0, "trend": 31.465713, "fair_value": 29.990589, "relative_strength": 1.370646, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.723427, "energy": 82.273889, "activity_lines": [ 32.611295, 32.194492, 31.634237, 31.550396 ] }, { "date": "2023-12-29", "close": 33.165401, "volume": 259904, "typical_volume": 255658.15, "trend": 31.524969, "fair_value": 30.018371, "relative_strength": 1.702251, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.665673, "energy": 85.26088, "activity_lines": [ 32.827963, 32.46547, 31.799657, 31.660053 ] }, { "date": "2024-01-05", "close": 32.916901, "volume": 396106, "typical_volume": 262458.35, "trend": 31.578419, "fair_value": 30.038642, "relative_strength": 0.941927, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.248984, "energy": 78.63479, "activity_lines": [ 32.904711, 32.630443, 31.934944, 31.749855 ] }, { "date": "2024-01-12", "close": 33.404343, "volume": 337974, "typical_volume": 270959.8, "trend": 31.634183, "fair_value": 30.064743, "relative_strength": 2.064352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.752867, "energy": 85.194547, "activity_lines": [ 33.102787, 32.828082, 32.107586, 31.867657 ] }, { "date": "2024-01-19", "close": 32.926453, "volume": 397395, "typical_volume": 282288.45, "trend": 31.709936, "fair_value": 30.085921, "relative_strength": 0.910393, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.857965, "energy": 70.416385, "activity_lines": [ 33.081799, 32.897581, 32.224722, 31.951029 ] }, { "date": "2024-01-26", "close": 33.423458, "volume": 329443, "typical_volume": 291841.35, "trend": 31.77705, "fair_value": 30.11609, "relative_strength": 1.255048, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.872698, "energy": 61.568302, "activity_lines": [ 33.202356, 33.025228, 32.384224, 32.061579 ] }, { "date": "2024-02-02", "close": 33.49992, "volume": 453641, "typical_volume": 304097.55, "trend": 31.865009, "fair_value": 30.140944, "relative_strength": 1.559095, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.664686, "energy": 76.59721, "activity_lines": [ 33.313225, 33.144967, 32.541691, 32.172732 ] }, { "date": "2024-02-09", "close": 33.528595, "volume": 314960, "typical_volume": 310391.8, "trend": 31.915438, "fair_value": 30.162938, "relative_strength": 1.866168, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.178918, "energy": 70.381388, "activity_lines": [ 33.411352, 33.248269, 32.692793, 32.28006 ] }, { "date": "2024-02-16", "close": 33.968254, "volume": 463959, "typical_volume": 321536.95, "trend": 31.979261, "fair_value": 30.189385, "relative_strength": 1.894027, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.098417, "energy": 88.241052, "activity_lines": [ 33.615252, 33.409163, 32.873201, 32.412499 ] }, { "date": "2024-02-23", "close": 34.541718, "volume": 361088, "typical_volume": 327424.45, "trend": 32.054628, "fair_value": 30.223115, "relative_strength": 2.712669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.284869, "energy": 93.319406, "activity_lines": [ 33.972713, 33.647771, 33.092663, 32.577819 ] }, { "date": "2024-03-01", "close": 34.967033, "volume": 499372, "typical_volume": 340127.0, "trend": 32.163731, "fair_value": 30.25929, "relative_strength": 3.167402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.498466, "energy": 95.082228, "activity_lines": [ 34.364261, 33.927761, 33.334022, 32.765716 ] }, { "date": "2024-03-08", "close": 35.363682, "volume": 461678, "typical_volume": 349923.05, "trend": 32.28227, "fair_value": 30.296824, "relative_strength": 3.355833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.836478, "energy": 95.986345, "activity_lines": [ 34.78512, 34.242211, 33.592029, 32.972165 ] }, { "date": "2024-03-15", "close": 35.325451, "volume": 447888, "typical_volume": 348782.2, "trend": 32.426032, "fair_value": 30.333154, "relative_strength": 2.619284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.276817, "energy": 92.855071, "activity_lines": [ 35.068985, 34.509741, 33.819996, 33.168499 ] }, { "date": "2024-03-22", "close": 35.870243, "volume": 363965, "typical_volume": 345835.95, "trend": 32.578176, "fair_value": 30.371342, "relative_strength": 3.477956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.79166, "energy": 94.909395, "activity_lines": [ 35.414657, 34.832532, 34.073723, 33.390706 ] }, { "date": "2024-03-29", "close": 35.726879, "volume": 356127, "typical_volume": 349972.55, "trend": 32.706298, "fair_value": 30.408724, "relative_strength": 2.135434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.11707, "energy": 88.924716, "activity_lines": [ 35.585741, 35.084423, 34.29125, 33.593848 ] }, { "date": "2024-04-05", "close": 35.487934, "volume": 366247, "typical_volume": 355046.7, "trend": 32.840335, "fair_value": 30.441531, "relative_strength": 0.947635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.178729, "energy": 69.418271, "activity_lines": [ 35.598167, 35.241952, 34.464248, 33.773309 ] }, { "date": "2024-04-12", "close": 35.191639, "volume": 322499, "typical_volume": 362154.4, "trend": 32.960394, "fair_value": 30.469507, "relative_strength": 1.677614, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.189169, "energy": 66.022749, "activity_lines": [ 35.4771, 35.308073, 34.593483, 33.925006 ] }, { "date": "2024-04-19", "close": 34.55127, "volume": 693705, "typical_volume": 386423.65, "trend": 33.082452, "fair_value": 30.494506, "relative_strength": 0.208883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.181949, "energy": 53.750227, "activity_lines": [ 35.154047, 35.227006, 34.648005, 34.027643 ] }, { "date": "2024-04-26", "close": 35.143852, "volume": 325574, "typical_volume": 387549.55, "trend": 33.230572, "fair_value": 30.528714, "relative_strength": 1.121587, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.890043, "energy": 42.383236, "activity_lines": [ 35.080134, 35.235086, 34.748242, 34.160637 ] }, { "date": "2024-05-03", "close": 35.640854, "volume": 520204, "typical_volume": 399334.5, "trend": 33.397467, "fair_value": 30.563121, "relative_strength": 2.561504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.150932, "energy": 44.125444, "activity_lines": [ 35.220313, 35.312156, 34.883259, 34.316139 ] }, { "date": "2024-05-10", "close": 36.262112, "volume": 415053, "typical_volume": 404339.1, "trend": 33.58854, "fair_value": 30.604103, "relative_strength": 2.580059, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 80.166793, "energy": 58.003735, "activity_lines": [ 35.573314, 35.482197, 35.062795, 34.500954 ] }, { "date": "2024-05-17", "close": 36.663536, "volume": 330436, "typical_volume": 407865.7, "trend": 33.816653, "fair_value": 30.647095, "relative_strength": 2.917579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.324311, "energy": 71.29543, "activity_lines": [ 36.008511, 35.701678, 35.264531, 34.699341 ] }, { "date": "2024-05-24", "close": 36.54884, "volume": 400073, "typical_volume": 408064.05, "trend": 34.040313, "fair_value": 30.686984, "relative_strength": 3.191259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.97543, "energy": 86.472978, "activity_lines": [ 36.307349, 35.876671, 35.438687, 34.875611 ] }, { "date": "2024-05-31", "close": 36.539288, "volume": 511178, "typical_volume": 416724.25, "trend": 34.220436, "fair_value": 30.724839, "relative_strength": 3.312426, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.246225, "energy": 85.975314, "activity_lines": [ 36.469832, 36.027684, 35.594638, 35.036836 ] }, { "date": "2024-06-07", "close": 36.854691, "volume": 562266, "typical_volume": 424967.8, "trend": 34.410442, "fair_value": 30.762462, "relative_strength": 5.317077, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.296782, "energy": 88.539119, "activity_lines": [ 36.644421, 36.223879, 35.765699, 35.206788 ] }, { "date": "2024-06-14", "close": 35.898918, "volume": 734576, "typical_volume": 445224.45, "trend": 34.532942, "fair_value": 30.795479, "relative_strength": 4.241134, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.626352, "energy": 57.282498, "activity_lines": [ 36.419496, 36.225791, 35.827028, 35.302818 ] }, { "date": "2024-06-21", "close": 35.832016, "volume": 960454, "typical_volume": 470565.1, "trend": 34.650373, "fair_value": 30.826983, "relative_strength": 4.347711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.215479, "energy": 42.229377, "activity_lines": [ 36.196483, 36.208067, 35.870197, 35.38663 ] }, { "date": "2024-06-28", "close": 35.982346, "volume": 770188, "typical_volume": 493326.5, "trend": 34.77313, "fair_value": 30.860591, "relative_strength": 3.140744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.354923, "energy": 32.416548, "activity_lines": [ 36.079015, 36.206032, 35.916579, 35.472563 ] }, { "date": "2024-07-05", "close": 36.633747, "volume": 323987, "typical_volume": 486327.9, "trend": 34.910661, "fair_value": 30.895807, "relative_strength": 4.004778, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.875224, "energy": 32.250564, "activity_lines": [ 36.216446, 36.296414, 36.013314, 35.592603 ] }, { "date": "2024-07-12", "close": 37.362915, "volume": 402256, "typical_volume": 488386.3, "trend": 35.070604, "fair_value": 30.936096, "relative_strength": 3.115877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.898665, "energy": 50.884465, "activity_lines": [ 36.590637, 36.492283, 36.166801, 35.750813 ] }, { "date": "2024-07-19", "close": 36.760132, "volume": 451659, "typical_volume": 486000.65, "trend": 35.199414, "fair_value": 30.970808, "relative_strength": 1.303459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.521003, "energy": 49.448787, "activity_lines": [ 36.730018, 36.547245, 36.249446, 35.859815 ] }, { "date": "2024-07-26", "close": 36.983746, "volume": 516236, "typical_volume": 488728.55, "trend": 35.326692, "fair_value": 31.007924, "relative_strength": 1.305659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.425506, "energy": 61.495416, "activity_lines": [ 36.886523, 36.633809, 36.344849, 35.974933 ] }, { "date": "2024-08-02", "close": 35.962906, "volume": 835760, "typical_volume": 508122.15, "trend": 35.428226, "fair_value": 31.035242, "relative_strength": 1.048954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.807395, "energy": 38.407532, "activity_lines": [ 36.625966, 36.528944, 36.335314, 36.015979 ] }, { "date": "2024-08-09", "close": 35.753876, "volume": 620099, "typical_volume": 520928.85, "trend": 35.506543, "fair_value": 31.059278, "relative_strength": 0.032005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.349689, "energy": 13.162832, "activity_lines": [ 36.297028, 36.396727, 36.302836, 36.036989 ] }, { "date": "2024-08-16", "close": 36.974026, "volume": 241254, "typical_volume": 515185.2, "trend": 35.641463, "fair_value": 31.091136, "relative_strength": 0.063807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.624139, "energy": 20.660495, "activity_lines": [ 36.433465, 36.500636, 36.387117, 36.131665 ] }, { "date": "2024-08-23", "close": 37.62542, "volume": 309106, "typical_volume": 512328.15, "trend": 35.781528, "fair_value": 31.126884, "relative_strength": 0.768994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.474823, "energy": 32.849295, "activity_lines": [ 36.812959, 36.72081, 36.527497, 36.259662 ] }, { "date": "2024-08-30", "close": 37.596252, "volume": 449574, "typical_volume": 518681.9, "trend": 35.918072, "fair_value": 31.160276, "relative_strength": 0.36121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.137629, "energy": 45.92223, "activity_lines": [ 37.125045, 36.904289, 36.65492, 36.376741 ] }, { "date": "2024-09-06", "close": 36.439297, "volume": 487369, "typical_volume": 508365.1, "trend": 36.015096, "fair_value": 31.186022, "relative_strength": -0.353879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.148545, "energy": 46.205794, "activity_lines": [ 37.010645, 36.845337, 36.660707, 36.410369 ] }, { "date": "2024-09-13", "close": 37.362915, "volume": 264963, "typical_volume": 505334.55, "trend": 36.128251, "fair_value": 31.218089, "relative_strength": -1.30436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.729143, "energy": 53.833802, "activity_lines": [ 37.172359, 36.946006, 36.745467, 36.497325 ] }, { "date": "2024-09-20", "close": 37.62542, "volume": 360790, "typical_volume": 497363.85, "trend": 36.231041, "fair_value": 31.254294, "relative_strength": -1.872164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.389473, "energy": 47.482811, "activity_lines": [ 37.314305, 37.081147, 36.84466, 36.593916 ] }, { "date": "2024-09-27", "close": 38.228203, "volume": 443920, "typical_volume": 498807.2, "trend": 36.339747, "fair_value": 31.299845, "relative_strength": -0.701471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.960405, "energy": 47.254728, "activity_lines": [ 37.613752, 37.321111, 36.99181, 36.722765 ] }, { "date": "2024-10-04", "close": 37.780979, "volume": 462074, "typical_volume": 505389.1, "trend": 36.420323, "fair_value": 31.346068, "relative_strength": -2.667081, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.7619, "energy": 54.67834, "activity_lines": [ 37.72394, 37.45307, 37.087006, 36.815748 ] }, { "date": "2024-10-11", "close": 38.130985, "volume": 342339, "typical_volume": 502502.4, "trend": 36.513841, "fair_value": 31.391024, "relative_strength": -2.99128, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.005704, "energy": 61.15679, "activity_lines": [ 37.93848, 37.634171, 37.210215, 36.926113 ] }, { "date": "2024-10-18", "close": 38.121265, "volume": 327658, "typical_volume": 493326.4, "trend": 36.588875, "fair_value": 31.434975, "relative_strength": -4.360826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.72709, "energy": 60.05669, "activity_lines": [ 38.037002, 37.774085, 37.324963, 37.029818 ] }, { "date": "2024-10-25", "close": 37.367779, "volume": 337279, "typical_volume": 482077.05, "trend": 36.643572, "fair_value": 31.473697, "relative_strength": -4.802085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.72026, "energy": 37.235921, "activity_lines": [ 37.833805, 37.733958, 37.360418, 37.08007 ] }, { "date": "2024-11-01", "close": 37.304585, "volume": 497587, "typical_volume": 470227.6, "trend": 36.704127, "fair_value": 31.507788, "relative_strength": -4.10875, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.728559, "energy": 26.791242, "activity_lines": [ 37.626719, 37.675182, 37.387411, 37.122716 ] }, { "date": "2024-11-08", "close": 37.119862, "volume": 552841, "typical_volume": 449846.95, "trend": 36.768401, "fair_value": 31.540409, "relative_strength": -6.430287, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.027363, "energy": 17.770209, "activity_lines": [ 37.419633, 37.588654, 37.390118, 37.149538 ] }, { "date": "2024-11-15", "close": 36.653191, "volume": 567523, "typical_volume": 439713.7, "trend": 36.838465, "fair_value": 31.570953, "relative_strength": -7.956382, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.717986, "energy": 17.360496, "activity_lines": [ 37.101065, 37.425938, 37.342247, 37.142105 ] }, { "date": "2024-11-22", "close": 36.555965, "volume": 357518, "typical_volume": 441390.25, "trend": 36.885536, "fair_value": 31.607611, "relative_strength": -10.013468, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.356484, "energy": 25.524581, "activity_lines": [ 36.848608, 37.241656, 37.281923, 37.123879 ] }, { "date": "2024-11-29", "close": 37.343472, "volume": 376562, "typical_volume": 440105.55, "trend": 36.94229, "fair_value": 31.648175, "relative_strength": -8.66946, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.739751, "energy": 17.090073, "activity_lines": [ 36.963007, 37.215228, 37.296969, 37.153423 ] }, { "date": "2024-12-06", "close": 38.18932, "volume": 422889, "typical_volume": 438667.05, "trend": 37.00653, "fair_value": 31.690992, "relative_strength": -6.633361, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.814265, "energy": 19.846824, "activity_lines": [ 37.360975, 37.347717, 37.392665, 37.233877 ] }, { "date": "2024-12-13", "close": 37.839314, "volume": 324484, "typical_volume": 429079.45, "trend": 37.045722, "fair_value": 31.732394, "relative_strength": -5.859569, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.485891, "energy": 25.010944, "activity_lines": [ 37.583292, 37.417276, 37.448221, 37.287605 ] }, { "date": "2024-12-20", "close": 36.925415, "volume": 543417, "typical_volume": 414462.3, "trend": 37.058275, "fair_value": 31.76297, "relative_strength": -5.528319, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.837067, "energy": 18.297579, "activity_lines": [ 37.453013, 37.319611, 37.412665, 37.279843 ] }, { "date": "2024-12-27", "close": 37.508755, "volume": 296310, "typical_volume": 398272.85, "trend": 37.09059, "fair_value": 31.799448, "relative_strength": -4.717436, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.487051, "energy": 23.376167, "activity_lines": [ 37.499033, 37.349927, 37.428082, 37.308906 ] }, { "date": "2025-01-03", "close": 37.405582, "volume": 865619, "typical_volume": 429491.1, "trend": 37.108953, "fair_value": 31.835669, "relative_strength": -5.938141, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.926223, "energy": 15.287209, "activity_lines": [ 37.447142, 37.372621, 37.425317, 37.329228 ] }, { "date": "2025-01-10", "close": 36.953617, "volume": 1795124, "typical_volume": 503792.0, "trend": 37.14411, "fair_value": 31.870147, "relative_strength": -5.81381, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.689265, "energy": 8.602815, "activity_lines": [ 37.240455, 37.312452, 37.377452, 37.319207 ] }, { "date": "2025-01-17", "close": 37.896858, "volume": 631506, "typical_volume": 512888.6, "trend": 37.212938, "fair_value": 31.917082, "relative_strength": -4.493185, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.491773, "energy": 20.351391, "activity_lines": [ 37.430562, 37.430163, 37.422618, 37.367771 ] }, { "date": "2025-01-24", "close": 38.751678, "volume": 694399, "typical_volume": 523240.1, "trend": 37.305249, "fair_value": 31.971172, "relative_strength": -3.804197, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.770502, "energy": 47.959923, "activity_lines": [ 37.901773, 37.689168, 37.547765, 37.467045 ] }, { "date": "2025-01-31", "close": 39.203648, "volume": 581312, "typical_volume": 539057.55, "trend": 37.390913, "fair_value": 32.024664, "relative_strength": -2.865406, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.413771, "energy": 69.791251, "activity_lines": [ 38.401889, 37.992195, 37.704945, 37.589522 ] }, { "date": "2025-02-07", "close": 38.830284, "volume": 715729, "typical_volume": 556804.5, "trend": 37.439825, "fair_value": 32.077063, "relative_strength": -3.367472, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.954396, "energy": 72.166197, "activity_lines": [ 38.664559, 38.179199, 37.817801, 37.682385 ] }, { "date": "2025-02-14", "close": 39.547539, "volume": 511177, "typical_volume": 560167.35, "trend": 37.532738, "fair_value": 32.134753, "relative_strength": -1.682875, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.779647, "energy": 81.664587, "activity_lines": [ 39.071333, 38.469579, 37.99323, 37.818366 ] }, { "date": "2025-02-21", "close": 39.4935, "volume": 498580, "typical_volume": 561992.65, "trend": 37.616397, "fair_value": 32.194983, "relative_strength": -0.452914, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.749967, "energy": 80.566211, "activity_lines": [ 39.287165, 38.725439, 38.157229, 37.944867 ] }, { "date": "2025-02-28", "close": 40.10759, "volume": 883971, "typical_volume": 589074.25, "trend": 37.754553, "fair_value": 32.272547, "relative_strength": 0.166081, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.457862, "energy": 83.358894, "activity_lines": [ 39.601252, 39.062876, 38.371559, 38.105589 ] }, { "date": "2025-03-07", "close": 41.227699, "volume": 1248830, "typical_volume": 635132.85, "trend": 37.937014, "fair_value": 32.3581, "relative_strength": 5.553646, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.557344, "energy": 92.586833, "activity_lines": [ 40.198314, 39.546111, 38.683153, 38.329663 ] }, { "date": "2025-03-14", "close": 40.883808, "volume": 820780, "typical_volume": 659307.9, "trend": 38.06734, "fair_value": 32.430477, "relative_strength": 5.486709, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.187873, "energy": 87.576209, "activity_lines": [ 40.54581, 39.899204, 38.947203, 38.519779 ] }, { "date": "2025-03-21", "close": 40.824856, "volume": 830800, "typical_volume": 675968.55, "trend": 38.173988, "fair_value": 32.504728, "relative_strength": 3.57912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.268871, "energy": 86.556264, "activity_lines": [ 40.736753, 40.178337, 39.188895, 38.697683 ] }, { "date": "2025-03-28", "close": 40.156719, "volume": 1144271, "typical_volume": 705540.05, "trend": 38.259337, "fair_value": 32.572732, "relative_strength": 2.732487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.586764, "energy": 73.368763, "activity_lines": [ 40.619829, 40.265605, 39.350193, 38.825601 ] }, { "date": "2025-04-04", "close": 36.305138, "volume": 3291158, "typical_volume": 841721.8, "trend": 38.254865, "fair_value": 32.618877, "relative_strength": -0.81651, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 9.423737, "energy": 11.303421, "activity_lines": [ 39.17483, 39.611497, 39.130211, 38.699524 ] }, { "date": "2025-04-11", "close": 37.405582, "volume": 4686306, "typical_volume": 1058161.2, "trend": 38.256287, "fair_value": 32.673519, "relative_strength": 0.50747, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 4.930272, "energy": 21.542238, "activity_lines": [ 38.350143, 39.201952, 39.016692, 38.644731 ] }, { "date": "2025-04-18", "close": 38.280052, "volume": 999936, "typical_volume": 1089329.9, "trend": 38.278108, "fair_value": 32.736134, "relative_strength": 0.287503, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -4.041563, "energy": 26.642113, "activity_lines": [ 38.071753, 38.984094, 38.982409, 38.646265 ] }, { "date": "2025-04-25", "close": 39.665447, "volume": 1446336, "typical_volume": 1140502.25, "trend": 38.326016, "fair_value": 32.810403, "relative_strength": 1.733048, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.548939, "energy": 27.934097, "activity_lines": [ 38.428746, 39.02813, 39.075609, 38.73577 ] }, { "date": "2025-05-02", "close": 40.480961, "volume": 938630, "typical_volume": 1171209.55, "trend": 38.416016, "fair_value": 32.893594, "relative_strength": 2.501625, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.515826, "energy": 16.782434, "activity_lines": [ 39.13487, 39.218298, 39.239448, 38.874799 ] }, { "date": "2025-05-09", "close": 40.819939, "volume": 756798, "typical_volume": 1181878.6, "trend": 38.505647, "fair_value": 32.979421, "relative_strength": 2.049852, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 64.909329, "energy": 43.803063, "activity_lines": [ 39.932371, 39.452144, 39.422991, 39.029891 ] }, { "date": "2025-05-16", "close": 41.57159, "volume": 768601, "typical_volume": 1205493.15, "trend": 38.620658, "fair_value": 33.068853, "relative_strength": 1.510009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.969812, "energy": 69.564357, "activity_lines": [ 40.679436, 39.809702, 39.659575, 39.227694 ] }, { "date": "2025-05-23", "close": 41.217873, "volume": 738545, "typical_volume": 1199139.45, "trend": 38.748995, "fair_value": 33.151051, "relative_strength": 1.058879, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.010023, "energy": 72.791188, "activity_lines": [ 41.030861, 40.096696, 39.843124, 39.395256 ] }, { "date": "2025-05-30", "close": 41.601067, "volume": 926230, "typical_volume": 1155694.75, "trend": 38.892211, "fair_value": 33.239286, "relative_strength": 0.911844, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.858838, "energy": 75.832264, "activity_lines": [ 41.314162, 40.447287, 40.045014, 39.579261 ] }, { "date": "2025-06-06", "close": 41.944958, "volume": 692118, "typical_volume": 1158725.35, "trend": 39.053047, "fair_value": 33.336366, "relative_strength": 0.876085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.261039, "energy": 76.426532, "activity_lines": [ 41.583053, 40.846291, 40.257525, 39.776212 ] }, { "date": "2025-06-13", "close": 41.434032, "volume": 806397, "typical_volume": 1164325.25, "trend": 39.212409, "fair_value": 33.4356, "relative_strength": -0.519415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.060089, "energy": 60.456767, "activity_lines": [ 41.584035, 41.119885, 40.4021, 39.929824 ] }, { "date": "2025-06-20", "close": 41.247349, "volume": 834867, "typical_volume": 1177003.0, "trend": 39.368788, "fair_value": 33.529457, "relative_strength": -0.813894, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.202037, "energy": 46.800312, "activity_lines": [ 41.48185, 41.266285, 40.516123, 40.06111 ] }, { "date": "2025-06-27", "close": 42.585777, "volume": 1035747, "typical_volume": 1193003.9, "trend": 39.543532, "fair_value": 33.63525, "relative_strength": 1.7192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.607973, "energy": 52.164284, "activity_lines": [ 41.847424, 41.586185, 40.747882, 40.268658 ] }, { "date": "2025-07-04", "close": 42.39093, "volume": 746281, "typical_volume": 1204759.1, "trend": 39.683585, "fair_value": 33.739323, "relative_strength": 0.026362, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.912816, "energy": 60.547854, "activity_lines": [ 42.056855, 41.792373, 40.943202, 40.452361 ] }, { "date": "2025-07-11", "close": 42.425903, "volume": 900041, "typical_volume": 1224832.15, "trend": 39.836472, "fair_value": 33.845269, "relative_strength": 0.307035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.360467, "energy": 75.654886, "activity_lines": [ 42.225286, 41.955364, 41.128312, 40.629285 ] }, { "date": "2025-07-18", "close": 42.276028, "volume": 1325412, "typical_volume": 1246904.2, "trend": 40.014825, "fair_value": 33.945838, "relative_strength": -1.023177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.050245, "energy": 76.891594, "activity_lines": [ 42.311696, 42.055744, 41.285185, 40.786676 ] }, { "date": "2025-07-25", "close": 43.325184, "volume": 1049536, "typical_volume": 1236939.5, "trend": 40.208706, "fair_value": 34.048482, "relative_strength": 0.823691, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.445857, "energy": 88.618524, "activity_lines": [ 42.691692, 42.320404, 41.531652, 41.000247 ] }, { "date": "2025-08-01", "close": 42.046207, "volume": 1230874, "typical_volume": 1257444.2, "trend": 40.363394, "fair_value": 34.143133, "relative_strength": -0.360372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.730222, "energy": 60.335908, "activity_lines": [ 42.506839, 42.32064, 41.646323, 41.118796 ] }, { "date": "2025-08-08", "close": 43.385132, "volume": 701840, "typical_volume": 1250996.2, "trend": 40.577778, "fair_value": 34.243983, "relative_strength": 0.126836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.513788, "energy": 60.059802, "activity_lines": [ 42.804267, 42.549256, 41.882976, 41.313746 ] }, { "date": "2025-08-15", "close": 44.364346, "volume": 548377, "typical_volume": 1221201.5, "trend": 40.793361, "fair_value": 34.353877, "relative_strength": 1.865616, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.136999, "energy": 75.055312, "activity_lines": [ 43.361818, 42.923474, 42.200695, 41.558041 ] }, { "date": "2025-08-22", "close": 44.913906, "volume": 586967, "typical_volume": 1085991.95, "trend": 40.998768, "fair_value": 34.472004, "relative_strength": 1.609367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.350169, "energy": 80.793184, "activity_lines": [ 43.973327, 43.353622, 42.550717, 41.823883 ] }, { "date": "2025-08-29", "close": 43.784813, "volume": 812546, "typical_volume": 892303.95, "trend": 41.151474, "fair_value": 34.587425, "relative_strength": -1.653438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.787505, "energy": 81.574261, "activity_lines": [ 44.032613, 43.515211, 42.752212, 42.003628 ] }, { "date": "2025-09-05", "close": 44.364346, "volume": 898355, "typical_volume": 887224.9, "trend": 41.335942, "fair_value": 34.702912, "relative_strength": -1.931551, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.178309, "energy": 79.063042, "activity_lines": [ 44.254435, 43.736033, 42.978524, 42.21091 ] }, { "date": "2025-09-12", "close": 44.923901, "volume": 642717, "typical_volume": 847043.95, "trend": 41.515154, "fair_value": 34.824223, "relative_strength": -1.423141, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.430715, "energy": 72.663881, "activity_lines": [ 44.508232, 44.026255, 43.229153, 42.442391 ] }, { "date": "2025-09-19", "close": 44.704075, "volume": 821277, "typical_volume": 841176.3, "trend": 41.68884, "fair_value": 34.950423, "relative_strength": -3.413221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.090819, "energy": 60.651037, "activity_lines": [ 44.58617, 44.230455, 43.433807, 42.648128 ] }, { "date": "2025-09-26", "close": 44.993843, "volume": 698665, "typical_volume": 838269.65, "trend": 41.851715, "fair_value": 35.078482, "relative_strength": -2.662965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.699759, "energy": 64.344321, "activity_lines": [ 44.738048, 44.445919, 43.645947, 42.861354 ] }, { "date": "2025-10-03", "close": 46.217857, "volume": 941903, "typical_volume": 846934.75, "trend": 42.018054, "fair_value": 35.212914, "relative_strength": -2.28931, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.128419, "energy": 77.232316, "activity_lines": [ 45.292602, 44.834515, 43.954785, 43.14304 ] }, { "date": "2025-10-10", "close": 44.963867, "volume": 1272637, "typical_volume": 873639.35, "trend": 42.154056, "fair_value": 35.340309, "relative_strength": -2.901038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.193464, "energy": 59.133474, "activity_lines": [ 45.266956, 44.94252, 44.12207, 43.333093 ] }, { "date": "2025-10-17", "close": 46.05299, "volume": 741619, "typical_volume": 864408.8, "trend": 42.328327, "fair_value": 35.471801, "relative_strength": -1.3924, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.907502, "energy": 62.785705, "activity_lines": [ 45.564383, 45.195498, 44.375243, 43.584637 ] }, { "date": "2025-10-24", "close": 46.322773, "volume": 799254, "typical_volume": 869765.6, "trend": 42.533862, "fair_value": 35.600077, "relative_strength": -1.612383, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.878146, "energy": 64.618363, "activity_lines": [ 45.876466, 45.449021, 44.632909, 43.842343 ] }, { "date": "2025-10-31", "close": 46.092957, "volume": 1182166, "typical_volume": 888554.05, "trend": 42.860123, "fair_value": 35.726174, "relative_strength": -1.783537, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.411975, "energy": 60.402735, "activity_lines": [ 46.004029, 45.625152, 44.847842, 44.071962 ] }, { "date": "2025-11-07", "close": 45.973053, "volume": 1062632, "typical_volume": 899942.3, "trend": 43.145705, "fair_value": 35.841258, "relative_strength": -0.944032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.242226, "energy": 59.574952, "activity_lines": [ 46.018351, 45.758045, 45.02917, 44.272796 ] }, { "date": "2025-11-14", "close": 46.422695, "volume": 857088, "typical_volume": 891009.35, "trend": 43.417127, "fair_value": 35.95846, "relative_strength": -1.412795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.72266, "energy": 62.068562, "activity_lines": [ 46.198873, 45.932905, 45.230818, 44.484215 ] }, { "date": "2025-11-21", "close": 45.373535, "volume": 1236430, "typical_volume": 915516.8, "trend": 43.607396, "fair_value": 36.06352, "relative_strength": -3.192329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.709487, "energy": 46.388357, "activity_lines": [ 45.93242, 45.879584, 45.314274, 44.610435 ] }, { "date": "2025-11-28", "close": 46.332767, "volume": 875142, "typical_volume": 914271.85, "trend": 43.802456, "fair_value": 36.172197, "relative_strength": -5.019246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.268551, "energy": 46.938686, "activity_lines": [ 46.031008, 45.992493, 45.474884, 44.786265 ] }, { "date": "2025-12-05", "close": 46.092957, "volume": 990115, "typical_volume": 897507.0, "trend": 43.978224, "fair_value": 36.279337, "relative_strength": -5.278557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.201414, "energy": 42.971688, "activity_lines": [ 46.048993, 46.032189, 45.59405, 44.934039 ] }, { "date": "2025-12-12", "close": 46.222855, "volume": 1179487, "typical_volume": 904004.55, "trend": 44.133266, "fair_value": 36.389959, "relative_strength": -5.626163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.179532, "energy": 39.560185, "activity_lines": [ 46.110278, 46.075518, 45.707411, 45.078854 ] }, { "date": "2025-12-19", "close": 46.592556, "volume": 914723, "typical_volume": 888197.0, "trend": 44.312422, "fair_value": 36.502716, "relative_strength": -5.515953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.534485, "energy": 46.822586, "activity_lines": [ 46.278143, 46.185974, 45.842184, 45.237518 ] }, { "date": "2025-12-26", "close": 46.707462, "volume": 386781, "typical_volume": 872444.05, "trend": 44.482635, "fair_value": 36.617592, "relative_strength": -5.943364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.035511, "energy": 47.244349, "activity_lines": [ 46.472985, 46.28771, 45.96625, 45.392037 ] }, { "date": "2026-01-02", "close": 46.790001, "volume": 1101697, "typical_volume": 900110.05, "trend": 44.644137, "fair_value": 36.727876, "relative_strength": -5.404674, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.379516, "energy": 51.447081, "activity_lines": [ 46.606413, 46.392554, 46.082357, 45.540899 ] }, { "date": "2026-01-09", "close": 48.380001, "volume": 1472100, "typical_volume": 944366.7, "trend": 44.875669, "fair_value": 36.842279, "relative_strength": -4.367894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.733288, "energy": 83.049617, "activity_lines": [ 47.239357, 46.777993, 46.338342, 45.781923 ] }, { "date": "2026-01-16", "close": 48.689999, "volume": 1289000, "typical_volume": 968189.4, "trend": 45.123757, "fair_value": 36.957597, "relative_strength": -4.956064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.349368, "energy": 93.354281, "activity_lines": [ 47.823165, 47.178214, 46.607345, 46.028009 ] }, { "date": "2026-01-23", "close": 48.215, "volume": 1581700, "typical_volume": 1002356.65, "trend": 45.311398, "fair_value": 37.069097, "relative_strength": -6.101821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.313236, "energy": 87.646811, "activity_lines": [ 48.084164, 47.442671, 46.807752, 46.227444 ] }, { "date": "2026-01-30", "close": 48.27, "volume": 1640900, "typical_volume": 1052265.8, "trend": 45.507367, "fair_value": 37.179996, "relative_strength": -2.36945, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.079106, "energy": 86.079396, "activity_lines": [ 48.255333, 47.684542, 46.995061, 46.418321 ] }, { "date": "2026-02-06", "close": 49.27, "volume": 1375800, "typical_volume": 1079991.95, "trend": 45.735504, "fair_value": 37.300283, "relative_strength": -2.016398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.875738, "energy": 89.250169, "activity_lines": [ 48.655667, 48.055567, 47.261674, 46.661072 ] }, { "date": "2026-02-13", "close": 49.950001, "volume": 1764800, "typical_volume": 1133298.7, "trend": 45.991303, "fair_value": 37.422249, "relative_strength": -2.423806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.033725, "energy": 83.91843, "activity_lines": [ 49.117334, 48.496825, 47.571307, 46.932975 ] }, { "date": "2026-02-20", "close": 50.540001, "volume": 1338800, "typical_volume": 1153143.55, "trend": 46.231797, "fair_value": 37.551451, "relative_strength": -3.35147, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.299119, "energy": 94.155663, "activity_lines": [ 49.671001, 48.975227, 47.913529, 47.226439 ] }, { "date": "2026-02-27", "close": 50.560001, "volume": 1829500, "typical_volume": 1180986.7, "trend": 46.51559, "fair_value": 37.675958, "relative_strength": -4.657359, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.670946, "energy": 93.082716, "activity_lines": [ 50.108001, 49.378773, 48.237075, 47.505678 ] }, { "date": "2026-03-06", "close": 47.09, "volume": 2938700, "typical_volume": 1290840.75, "trend": 46.639085, "fair_value": 37.78096, "relative_strength": -7.550451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.198325, "energy": 52.309796, "activity_lines": [ 49.232001, 49.079273, 48.203496, 47.542737 ] }, { "date": "2026-03-13", "close": 46.459999, "volume": 1556800, "typical_volume": 1328718.05, "trend": 46.70894, "fair_value": 37.887462, "relative_strength": -6.992884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.28229, "energy": 18.392434, "activity_lines": [ 48.224667, 48.658273, 48.104979, 47.531183 ] }, { "date": "2026-03-20", "close": 45.130001, "volume": 2167500, "typical_volume": 1377984.75, "trend": 46.716144, "fair_value": 37.981151, "relative_strength": -5.894211, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.877147, "energy": 26.660582, "activity_lines": [ 46.961334, 48.001455, 47.879141, 47.429316 ] }, { "date": "2026-03-27", "close": 45.75, "volume": 1383200, "typical_volume": 1394013.15, "trend": 46.78165, "fair_value": 38.074884, "relative_strength": -6.297438, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.733672, "energy": 41.234341, "activity_lines": [ 46.226, 47.516455, 47.716937, 47.366984 ] }, { "date": "2026-04-03", "close": 47.900002, "volume": 1274900, "typical_volume": 1414903.75, "trend": 46.899505, "fair_value": 38.181982, "relative_strength": -5.152653, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.69489, "energy": 30.725141, "activity_lines": [ 46.526667, 47.475819, 47.760557, 47.439136 ] }, { "date": "2026-04-10", "close": 49.740002, "volume": 1312400, "typical_volume": 1418702.25, "trend": 47.060042, "fair_value": 38.298732, "relative_strength": -3.092803, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.927293, "energy": 19.924867, "activity_lines": [ 47.618001, 47.775455, 47.97238, 47.622394 ] }, { "date": "2026-04-17", "close": 50.299999, "volume": 1518000, "typical_volume": 1450845.15, "trend": 47.246572, "fair_value": 38.415618, "relative_strength": -3.714618, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.479922, "energy": 34.941744, "activity_lines": [ 48.719334, 48.150182, 48.216744, 47.831423 ] }, { "date": "2026-04-24", "close": 48.126694, "volume": 2116900, "typical_volume": 1507184.4, "trend": 47.351001, "fair_value": 38.518453, "relative_strength": -6.453599, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.581824, "energy": 33.583914, "activity_lines": [ 48.840232, 48.111036, 48.235235, 47.888205 ] }, { "date": "2026-05-01", "close": 48.136543, "volume": 1645100, "typical_volume": 1530465.05, "trend": 47.414957, "fair_value": 38.622899, "relative_strength": -6.16471, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.66797, "energy": 31.780121, "activity_lines": [ 48.764633, 48.106831, 48.244979, 47.938885 ] }, { "date": "2026-05-08", "close": 49.377377, "volume": 1677500, "typical_volume": 1568603.9, "trend": 47.562074, "fair_value": 38.734883, "relative_strength": -4.076972, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 55.601705, "energy": 43.06367, "activity_lines": [ 48.943543, 48.371931, 48.363785, 48.065493 ] }, { "date": "2026-05-15", "close": 48.628937, "volume": 1566500, "typical_volume": 1627589.85, "trend": 47.647939, "fair_value": 38.841593, "relative_strength": -4.650246, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.193699, "energy": 22.268833, "activity_lines": [ 48.774481, 48.522454, 48.39805, 48.134323 ] }, { "date": "2026-05-22", "close": 49.771294, "volume": 1500900, "typical_volume": 1647550.0, "trend": 47.76289, "fair_value": 38.958543, "relative_strength": -4.034368, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 56.305298, "energy": 29.384797, "activity_lines": [ 49.060275, 48.852698, 48.531961, 48.271314 ] }, { "date": "2026-05-29", "close": 50.17506, "volume": 1462100, "typical_volume": 1647050.0, "trend": 47.89896, "fair_value": 39.078975, "relative_strength": -3.904578, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 59.168158, "energy": 39.526204, "activity_lines": [ 49.515906, 49.196148, 48.69013, 48.426938 ] }, { "date": "2026-06-05", "close": 49.466007, "volume": 598900, "typical_volume": 1612545.0, "trend": 48.015392, "fair_value": 39.195337, "relative_strength": -4.099807, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.117374, "energy": 39.490257, "activity_lines": [ 49.598627, 49.31895, 48.772221, 48.528037 ] }, { "date": "2026-06-12", "close": 50.87426, "volume": 458800, "typical_volume": 1556400.0, "trend": 48.163777, "fair_value": 39.318048, "relative_strength": -2.716253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.676815, "energy": 59.34491, "activity_lines": [ 50.062136, 49.630236, 48.984737, 48.71248 ] }, { "date": "2026-06-19", "close": 51.750721, "volume": 182400, "typical_volume": 1483475.0, "trend": 48.37635, "fair_value": 39.453284, "relative_strength": -1.030401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.496427, "energy": 70.674685, "activity_lines": [ 50.718005, 50.0468, 49.268062, 48.943896 ] }, { "date": "2026-06-26", "close": 51.07, "volume": 354800, "typical_volume": 1432425.0, "trend": 48.534258, "fair_value": 39.579309, "relative_strength": -2.192843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.080656, "energy": 67.376366, "activity_lines": [ 50.938849, 50.303038, 49.469981, 49.11768 ] }, { "date": "2026-07-03", "close": 52.525002, "volume": 175700, "typical_volume": 1352970.0, "trend": 48.748659, "fair_value": 39.71818, "relative_strength": -0.070149, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.708267, "energy": 80.71699, "activity_lines": [ 51.558113, 50.809822, 49.801901, 49.375147 ] }, { "date": "2026-07-10", "close": 51.849998, "volume": 1215400, "typical_volume": 1346800.0, "trend": 48.936231, "fair_value": 39.845323, "relative_strength": -1.387518, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.160098, "energy": 76.686256, "activity_lines": [ 51.795713, 51.113909, 50.057273, 49.575234 ] }, { "date": "2026-07-17", "close": 50.830002, "volume": 1052000, "typical_volume": 1307925.0, "trend": 49.077479, "fair_value": 39.965685, "relative_strength": -3.080817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.744979, "energy": 59.516291, "activity_lines": [ 51.534382, 51.165025, 50.209264, 49.697413 ] }, { "date": "2026-07-24", "close": 51.189999, "volume": 924700, "typical_volume": 1207225.0, "trend": 49.226897, "fair_value": 40.086898, "relative_strength": -2.522789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.741965, "energy": 49.934552, "activity_lines": [ 51.396, 51.255183, 50.394255, 49.833704 ] }, { "date": "2026-07-31", "close": 51.869999, "volume": 1410000, "typical_volume": 1199885.0, "trend": 49.39623, "fair_value": 40.216232, "relative_strength": -0.719447, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.965376, "energy": 44.653568, "activity_lines": [ 51.521666, 51.422413, 50.624484, 50.004227 ] }, { "date": "2026-08-07", "close": 53.07, "volume": 811000, "typical_volume": 1132060.0, "trend": 49.552563, "fair_value": 40.35253, "relative_strength": -1.514598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.844651, "energy": 54.081294, "activity_lines": [ 51.994, 51.769667, 50.943237, 50.241244 ] } ], "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." } } }