{ "ticker": { "uuid": "28e2ddc1-89ff-46e9-bb43-3304f4a90160", "symbol": "ELVN", "name": "Enliven Therapeutics Inc.", "exchange": "NASDAQ", "country": "US", "assetType": "equity" }, "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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 84.556, "architecture_energy": 78.476, "architecture_maturity": 32.0, "architecture_confidence": 80.389, "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": 0.87, "rotation_up": 80.76, "upward_expansion": 93.59, "deceleration": 43.11, "rotation_down": 12.4, "downward_expansion": 15.59 }, "activity_lines": [ 55.858667, 52.947636, 48.559476, 45.015032 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 60.46, "trend_reference": 39.854, "distance_from_trend": 0.517037, "trend_direction": "Improving", "fair_value": 23.537788, "distance_from_fair_value": 1.568636, "fair_value_direction": "Improving", "relative_strength": 71.424514, "relative_strength_direction": "Improving", "price_momentum": 1.055065, "excess_performance": 0.867611, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.517037, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.337831, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.568636, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.645521, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.714245, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.322916, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 1.055065, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.399315, "read": "Demand-led" } ], "volume": { "latest": 9468649, "relative_activity": 1.454866, "balance": 2.399315, "dry_up": 0.767997, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.096634, "annualized_volatility": 0.722866, "from_high_reference": -0.029846, "from_low_reference": 3.08928 }, "levels": { "trend_reference": 39.854, "fair_value_reference": 23.537788, "structural_low": 25.29, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 19, "median_return": 0.070678, "positive_rate": 0.684211, "directional_follow_through": 0.684211, "median_excess_return": 0.027272, "regime_survival": 0.684211, "best_return": 0.872807, "worst_return": -0.189663, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.266876, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.186633, "regime_survival": 0.5, "best_return": 0.79386, "worst_return": -0.259655, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.324004, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.194916, "regime_survival": 0.6, "best_return": 1.401316, "worst_return": -0.408456, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.140507, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.055879, "regime_survival": 0.0, "best_return": 0.497807, "worst_return": -0.216793, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-04-12", "end": "2024-06-21", "tenure": "Developing", "return": 0.017078, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.058622, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-30", "tenure": "Developing", "return": -0.005906, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-10-04", "tenure": "Developing", "return": 0.284049, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-11", "end": "2024-11-22", "tenure": "Developing", "return": -0.120745, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2024-12-27", "tenure": "Developing", "return": -0.082445, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": -0.105015, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-06-13", "tenure": "Established", "return": -0.004091, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-12-26", "tenure": "Extended", "return": -0.234742, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-02", "end": "2026-01-09", "tenure": "New", "return": 0.673102, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-23", "tenure": "New", "return": -0.034818, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-05-15", "tenure": "Established", "return": 0.562949, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": 0.205585, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-03", "end": "2026-08-07", "tenure": "Developing", "return": 0.213569, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.34, "volume": 632898, "typical_volume": 888821.0, "trend": 20.024333, "fair_value": 26.843397, "relative_strength": -19.349895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.190774, "energy": 54.567851, "activity_lines": [ 17.525333, 18.145091, 19.013286, 19.531376 ] }, { "date": "2023-08-25", "close": 16.72, "volume": 716955, "typical_volume": 899448.35, "trend": 20.036333, "fair_value": 26.319808, "relative_strength": -19.631286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.102607, "energy": 57.852846, "activity_lines": [ 17.102667, 17.769818, 18.756714, 19.318194 ] }, { "date": "2023-09-01", "close": 16.39, "volume": 384703, "typical_volume": 878428.1, "trend": 19.92, "fair_value": 25.839744, "relative_strength": -24.7505, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.476965, "energy": 65.022009, "activity_lines": [ 16.737333, 17.404545, 18.491238, 19.082946 ] }, { "date": "2023-09-08", "close": 16.63, "volume": 356711, "typical_volume": 860534.5, "trend": 19.771667, "fair_value": 25.386346, "relative_strength": -23.063535, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.812355, "energy": 60.392756, "activity_lines": [ 16.606, 17.168182, 18.256429, 18.870688 ] }, { "date": "2023-09-15", "close": 16.1, "volume": 529750, "typical_volume": 861261.15, "trend": 19.607, "fair_value": 24.842115, "relative_strength": -25.424384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.911614, "energy": 57.448565, "activity_lines": [ 16.398, 16.904182, 17.986714, 18.633806 ] }, { "date": "2023-09-22", "close": 13.17, "volume": 409982, "typical_volume": 856529.05, "trend": 19.254333, "fair_value": 24.356026, "relative_strength": -36.970468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.434109, "energy": 73.938273, "activity_lines": [ 15.309333, 16.137636, 17.451952, 18.218516 ] }, { "date": "2023-09-29", "close": 13.66, "volume": 1264389, "typical_volume": 904060.6, "trend": 18.973, "fair_value": 23.959231, "relative_strength": -34.77212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.688307, "energy": 74.026849, "activity_lines": [ 14.595333, 15.549455, 16.994667, 17.857591 ] }, { "date": "2023-10-06", "close": 13.12, "volume": 396082, "typical_volume": 892684.4, "trend": 18.707333, "fair_value": 23.534615, "relative_strength": -38.4776, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.594472, "energy": 82.936735, "activity_lines": [ 13.905333, 14.964364, 16.513286, 17.479978 ] }, { "date": "2023-10-13", "close": 12.25, "volume": 233998, "typical_volume": 872525.65, "trend": 18.374, "fair_value": 23.11391, "relative_strength": -42.172921, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.334491, "energy": 86.358176, "activity_lines": [ 13.143333, 14.322545, 15.982714, 17.063376 ] }, { "date": "2023-10-20", "close": 12.65, "volume": 266456, "typical_volume": 834994.55, "trend": 18.029, "fair_value": 22.752949, "relative_strength": -38.04144, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.670403, "energy": 81.327732, "activity_lines": [ 12.806667, 13.860364, 15.525333, 16.694086 ] }, { "date": "2023-10-27", "close": 10.99, "volume": 352655, "typical_volume": 791304.5, "trend": 17.665333, "fair_value": 22.418013, "relative_strength": -44.177094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.061812, "energy": 84.427415, "activity_lines": [ 12.146667, 13.185273, 14.952238, 16.239957 ] }, { "date": "2023-11-03", "close": 13.0, "volume": 303966, "typical_volume": 702763.05, "trend": 17.383667, "fair_value": 22.088782, "relative_strength": -37.354526, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.449722, "energy": 59.948309, "activity_lines": [ 12.302, 12.972909, 14.62119, 15.938968 ] }, { "date": "2023-11-10", "close": 11.38, "volume": 282371, "typical_volume": 501804.75, "trend": 17.162, "fair_value": 21.647628, "relative_strength": -45.990922, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.479255, "energy": 59.23113, "activity_lines": [ 11.961333, 12.533636, 14.171905, 15.551634 ] }, { "date": "2023-11-17", "close": 10.4, "volume": 525791, "typical_volume": 483675.85, "trend": 16.845333, "fair_value": 21.188654, "relative_strength": -50.977396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.663701, "energy": 62.379543, "activity_lines": [ 11.41, 12.007273, 13.675476, 15.115376 ] }, { "date": "2023-11-24", "close": 11.67, "volume": 269599, "typical_volume": 446848.9, "trend": 16.599667, "fair_value": 20.519872, "relative_strength": -44.867547, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.827104, "energy": 52.222717, "activity_lines": [ 11.405333, 11.825091, 13.347667, 14.781484 ] }, { "date": "2023-12-01", "close": 11.59, "volume": 545305, "typical_volume": 453587.2, "trend": 16.331333, "fair_value": 19.92391, "relative_strength": -44.75663, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.048219, "energy": 50.122763, "activity_lines": [ 11.439333, 11.708909, 13.041238, 14.45828 ] }, { "date": "2023-12-08", "close": 11.99, "volume": 677183, "typical_volume": 464341.9, "trend": 16.084333, "fair_value": 19.382308, "relative_strength": -42.630741, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.763737, "energy": 44.736653, "activity_lines": [ 11.566667, 11.694182, 12.80381, 14.178194 ] }, { "date": "2023-12-15", "close": 11.9, "volume": 1693415, "typical_volume": 529866.9, "trend": 15.808, "fair_value": 18.847051, "relative_strength": -44.291226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.756941, "energy": 32.453395, "activity_lines": [ 11.731333, 11.693455, 12.592286, 13.908237 ] }, { "date": "2023-12-22", "close": 14.85, "volume": 1426197, "typical_volume": 586576.3, "trend": 15.649, "fair_value": 18.377628, "relative_strength": -30.44309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.413364, "energy": 15.061782, "activity_lines": [ 12.844667, 12.251273, 12.694095, 13.84643 ] }, { "date": "2023-12-29", "close": 13.84, "volume": 499416, "typical_volume": 588391.1, "trend": 15.392, "fair_value": 17.900962, "relative_strength": -34.714549, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.471704, "energy": 18.822091, "activity_lines": [ 13.324667, 12.578182, 12.715333, 13.72972 ] }, { "date": "2024-01-05", "close": 13.22, "volume": 510712, "typical_volume": 582281.8, "trend": 15.112, "fair_value": 17.642115, "relative_strength": -34.732408, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.906447, "energy": 15.473395, "activity_lines": [ 13.453333, 12.770727, 12.695143, 13.589591 ] }, { "date": "2024-01-12", "close": 12.3, "volume": 737937, "typical_volume": 583330.9, "trend": 14.836333, "fair_value": 17.368654, "relative_strength": -40.406391, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.103745, "energy": 15.846646, "activity_lines": [ 13.166667, 12.755455, 12.60219, 13.408172 ] }, { "date": "2024-01-19", "close": 14.31, "volume": 451715, "typical_volume": 586681.5, "trend": 14.610667, "fair_value": 17.100385, "relative_strength": -31.953502, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.994189, "energy": 7.777712, "activity_lines": [ 13.529333, 13.118364, 12.721714, 13.374215 ] }, { "date": "2024-01-26", "close": 15.98, "volume": 371818, "typical_volume": 587436.85, "trend": 14.463, "fair_value": 16.868974, "relative_strength": -23.959762, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 9.613368, "energy": 14.383725, "activity_lines": [ 14.288, 13.731636, 13.01019, 13.462559 ] }, { "date": "2024-02-02", "close": 15.41, "volume": 927554, "typical_volume": 607327.05, "trend": 14.384667, "fair_value": 16.606218, "relative_strength": -26.723767, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.681452, "energy": 30.763127, "activity_lines": [ 14.781333, 14.139818, 13.247476, 13.523656 ] }, { "date": "2024-02-09", "close": 15.95, "volume": 360109, "typical_volume": 604833.4, "trend": 14.313667, "fair_value": 16.348462, "relative_strength": -24.534958, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.833842, "energy": 41.668749, "activity_lines": [ 15.35, 14.578182, 13.539476, 13.624645 ] }, { "date": "2024-02-16", "close": 16.79, "volume": 1362143, "typical_volume": 609721.1, "trend": 14.232333, "fair_value": 16.111218, "relative_strength": -18.347124, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.424963, "energy": 52.507007, "activity_lines": [ 16.016667, 15.09, 13.898238, 13.784409 ] }, { "date": "2024-02-23", "close": 16.53, "volume": 196142, "typical_volume": 599724.1, "trend": 14.16, "fair_value": 15.894359, "relative_strength": -19.321995, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.73034, "energy": 47.752674, "activity_lines": [ 16.297333, 15.467273, 14.217333, 13.932645 ] }, { "date": "2024-03-01", "close": 16.67, "volume": 400251, "typical_volume": 608036.75, "trend": 14.111333, "fair_value": 15.745577, "relative_strength": -19.027841, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.975293, "energy": 43.782489, "activity_lines": [ 16.476667, 15.785818, 14.533524, 14.094581 ] }, { "date": "2024-03-08", "close": 14.87, "volume": 219984, "typical_volume": 605713.15, "trend": 14.022333, "fair_value": 15.578077, "relative_strength": -25.454297, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 55.501871, "energy": 34.589669, "activity_lines": [ 16.01, 15.744, 14.657238, 14.143527 ] }, { "date": "2024-03-15", "close": 11.97, "volume": 1104889, "typical_volume": 643324.85, "trend": 13.876667, "fair_value": 15.396346, "relative_strength": -38.0875, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 18.476778, "energy": 11.438598, "activity_lines": [ 14.612667, 15.156182, 14.49419, 14.011118 ] }, { "date": "2024-03-22", "close": 18.48, "volume": 1289575, "typical_volume": 692605.3, "trend": 13.935333, "fair_value": 15.294038, "relative_strength": -5.863443, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.066693, "energy": 25.662014, "activity_lines": [ 15.650667, 15.774727, 14.946476, 14.308108 ] }, { "date": "2024-03-29", "close": 17.59, "volume": 548025, "typical_volume": 705888.0, "trend": 13.975333, "fair_value": 15.191154, "relative_strength": -8.75866, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 58.147112, "energy": 28.474543, "activity_lines": [ 16.279333, 16.119091, 15.287905, 14.543892 ] }, { "date": "2024-04-05", "close": 19.4, "volume": 1213327, "typical_volume": 740264.8, "trend": 14.067667, "fair_value": 15.118846, "relative_strength": 2.521648, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.61051, "energy": 46.640939, "activity_lines": [ 17.440667, 16.732909, 15.772143, 14.893871 ] }, { "date": "2024-04-12", "close": 21.08, "volume": 5261302, "typical_volume": 989849.95, "trend": 14.233667, "fair_value": 15.076538, "relative_strength": 12.405607, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.788421, "energy": 69.154905, "activity_lines": [ 18.98, 17.59, 16.373524, 15.34628 ] }, { "date": "2024-04-19", "close": 17.28, "volume": 2054511, "typical_volume": 1065310.25, "trend": 14.370667, "fair_value": 14.990128, "relative_strength": -1.653834, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.104932, "energy": 56.844097, "activity_lines": [ 18.838667, 17.653091, 16.56819, 15.542817 ] }, { "date": "2024-04-26", "close": 17.18, "volume": 1622386, "typical_volume": 1112570.4, "trend": 14.488, "fair_value": 14.910513, "relative_strength": -5.089615, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.026088, "energy": 44.66588, "activity_lines": [ 18.31, 17.673818, 16.726238, 15.724065 ] }, { "date": "2024-05-03", "close": 22.65, "volume": 1957094, "typical_volume": 1125754.35, "trend": 14.805667, "fair_value": 14.869808, "relative_strength": 24.366989, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.15017, "energy": 49.011845, "activity_lines": [ 19.691333, 18.682, 17.380524, 16.250645 ] }, { "date": "2024-05-10", "close": 23.43, "volume": 1872688, "typical_volume": 1148078.9, "trend": 15.178333, "fair_value": 14.81359, "relative_strength": 27.149004, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.07909, "energy": 49.681331, "activity_lines": [ 20.995333, 19.720727, 18.057905, 16.807054 ] }, { "date": "2024-05-17", "close": 23.04, "volume": 1716099, "typical_volume": 1208913.05, "trend": 15.524667, "fair_value": 14.760769, "relative_strength": 22.880664, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.570377, "energy": 62.037395, "activity_lines": [ 21.900667, 20.565636, 18.657286, 17.314258 ] }, { "date": "2024-05-24", "close": 23.94, "volume": 2118064, "typical_volume": 1289280.65, "trend": 15.956333, "fair_value": 14.727821, "relative_strength": 26.212963, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.833307, "energy": 73.505794, "activity_lines": [ 22.975333, 21.425636, 19.298571, 17.857183 ] }, { "date": "2024-05-31", "close": 22.57, "volume": 803553, "typical_volume": 1292561.45, "trend": 16.275333, "fair_value": 14.663269, "relative_strength": 21.527551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.346211, "energy": 64.01759, "activity_lines": [ 23.149333, 21.818909, 19.758333, 18.283871 ] }, { "date": "2024-06-07", "close": 20.94, "volume": 963769, "typical_volume": 1318164.15, "trend": 16.594, "fair_value": 14.578269, "relative_strength": 10.601757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.743324, "energy": 41.648229, "activity_lines": [ 22.420667, 21.841455, 20.013952, 18.584817 ] }, { "date": "2024-06-14", "close": 21.7, "volume": 804797, "typical_volume": 1339813.1, "trend": 16.970667, "fair_value": 14.524808, "relative_strength": 11.309477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.762445, "energy": 35.215992, "activity_lines": [ 22.059333, 21.941273, 20.310381, 18.914237 ] }, { "date": "2024-06-21", "close": 21.44, "volume": 1555390, "typical_volume": 1371204.9, "trend": 17.296333, "fair_value": 14.457115, "relative_strength": 10.469823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.539928, "energy": 25.502927, "activity_lines": [ 21.726667, 21.952, 20.55481, 19.202581 ] }, { "date": "2024-06-28", "close": 23.37, "volume": 3730923, "typical_volume": 1539745.6, "trend": 17.689, "fair_value": 14.406154, "relative_strength": 20.882967, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.321986, "energy": 27.476429, "activity_lines": [ 22.144, 22.307091, 20.954333, 19.59443 ] }, { "date": "2024-07-05", "close": 22.42, "volume": 794571, "typical_volume": 1511367.0, "trend": 18.036667, "fair_value": 14.365256, "relative_strength": 12.178497, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.677666, "energy": 26.318433, "activity_lines": [ 22.282667, 22.378727, 21.228048, 19.899656 ] }, { "date": "2024-07-12", "close": 24.74, "volume": 1452467, "typical_volume": 1574183.25, "trend": 18.464667, "fair_value": 14.381282, "relative_strength": 24.005023, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.30062, "energy": 43.956095, "activity_lines": [ 23.204667, 22.776909, 21.695905, 20.332129 ] }, { "date": "2024-07-19", "close": 22.01, "volume": 1166144, "typical_volume": 1612477.9, "trend": 18.703333, "fair_value": 14.384423, "relative_strength": 15.154091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.163043, "energy": 35.945677, "activity_lines": [ 22.963333, 22.640727, 21.864667, 20.56086 ] }, { "date": "2024-07-26", "close": 27.31, "volume": 1251799, "typical_volume": 1664068.65, "trend": 19.152333, "fair_value": 14.421282, "relative_strength": 45.979745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.960476, "energy": 57.415449, "activity_lines": [ 24.468, 23.494, 22.512762, 21.116129 ] }, { "date": "2024-08-02", "close": 23.22, "volume": 1638113, "typical_volume": 1690729.85, "trend": 19.485667, "fair_value": 14.421667, "relative_strength": 27.887687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.861583, "energy": 46.33988, "activity_lines": [ 24.218, 23.526, 22.712095, 21.378559 ] }, { "date": "2024-08-09", "close": 21.33, "volume": 908869, "typical_volume": 1671694.55, "trend": 19.786667, "fair_value": 14.4425, "relative_strength": 17.093433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.468489, "energy": 27.271775, "activity_lines": [ 23.348, 23.227455, 22.677857, 21.497548 ] }, { "date": "2024-08-16", "close": 23.71, "volume": 613862, "typical_volume": 1674986.4, "trend": 20.1, "fair_value": 14.482949, "relative_strength": 23.180163, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.6805, "energy": 25.528153, "activity_lines": [ 23.344, 23.384182, 22.856714, 21.750667 ] }, { "date": "2024-08-23", "close": 23.0, "volume": 599765, "typical_volume": 1644308.3, "trend": 20.334, "fair_value": 14.507051, "relative_strength": 18.160725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.386244, "energy": 15.403865, "activity_lines": [ 23.172, 23.361455, 22.93881, 21.937763 ] }, { "date": "2024-08-30", "close": 21.88, "volume": 583749, "typical_volume": 1410430.65, "trend": 20.549667, "fair_value": 14.518333, "relative_strength": 13.167257, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.50975, "energy": 14.900285, "activity_lines": [ 22.560667, 23.111455, 22.897095, 22.037505 ] }, { "date": "2024-09-06", "close": 21.44, "volume": 749434, "typical_volume": 1345176.8, "trend": 20.732667, "fair_value": 14.542949, "relative_strength": 17.549562, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.408046, "energy": 7.458886, "activity_lines": [ 22.164667, 22.773455, 22.809667, 22.094946 ] }, { "date": "2024-09-13", "close": 22.32, "volume": 622489, "typical_volume": 1295181.95, "trend": 20.917, "fair_value": 14.576538, "relative_strength": 15.336754, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.089756, "energy": 9.913728, "activity_lines": [ 22.180667, 22.630545, 22.786238, 22.197355 ] }, { "date": "2024-09-20", "close": 23.19, "volume": 1394718, "typical_volume": 1267063.15, "trend": 21.139, "fair_value": 14.6175, "relative_strength": 17.454615, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.192157, "energy": 10.846016, "activity_lines": [ 22.420667, 22.647636, 22.82119, 22.344 ] }, { "date": "2024-09-27", "close": 24.13, "volume": 1026634, "typical_volume": 1224760.45, "trend": 21.387667, "fair_value": 14.668846, "relative_strength": 20.332361, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.886499, "energy": 16.528615, "activity_lines": [ 23.008667, 22.863818, 22.943095, 22.536968 ] }, { "date": "2024-10-04", "close": 27.53, "volume": 3475541, "typical_volume": 1312732.55, "trend": 21.809667, "fair_value": 14.746859, "relative_strength": 35.841596, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.432458, "energy": 52.004173, "activity_lines": [ 24.654667, 23.659636, 23.385476, 22.933247 ] }, { "date": "2024-10-11", "close": 27.91, "volume": 1113421, "typical_volume": 1262500.4, "trend": 22.341, "fair_value": 14.831923, "relative_strength": 34.61104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.537367, "energy": 67.501685, "activity_lines": [ 26.050667, 24.520545, 23.842667, 23.326817 ] }, { "date": "2024-10-18", "close": 29.0, "volume": 1348256, "typical_volume": 1289735.55, "trend": 22.691667, "fair_value": 14.926282, "relative_strength": 38.117568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.619753, "energy": 76.914617, "activity_lines": [ 27.378667, 25.494364, 24.384762, 23.75643 ] }, { "date": "2024-10-25", "close": 28.81, "volume": 884388, "typical_volume": 1285766.5, "trend": 23.065667, "fair_value": 15.018654, "relative_strength": 35.375786, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.171652, "energy": 80.47141, "activity_lines": [ 28.198, 26.294182, 24.878143, 24.151161 ] }, { "date": "2024-11-01", "close": 27.63, "volume": 1185242, "typical_volume": 1304788.75, "trend": 23.34, "fair_value": 15.097821, "relative_strength": 30.698933, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.373927, "energy": 77.497312, "activity_lines": [ 28.249333, 26.786727, 25.221667, 24.445634 ] }, { "date": "2024-11-08", "close": 28.96, "volume": 1532751, "typical_volume": 1303656.8, "trend": 23.602667, "fair_value": 15.191923, "relative_strength": 28.390715, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.293623, "energy": 75.206998, "activity_lines": [ 28.510667, 27.436909, 25.663619, 24.808215 ] }, { "date": "2024-11-15", "close": 24.41, "volume": 1261703, "typical_volume": 1180195.8, "trend": 23.840333, "fair_value": 15.263782, "relative_strength": 10.976124, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.155862, "energy": 36.174827, "activity_lines": [ 27.16, 27.131091, 25.636429, 24.860301 ] }, { "date": "2024-11-22", "close": 24.54, "volume": 1007142, "typical_volume": 1190824.35, "trend": 24.085667, "fair_value": 15.336987, "relative_strength": 8.667577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.143788, "energy": 17.961942, "activity_lines": [ 26.086, 26.794909, 25.616667, 24.905441 ] }, { "date": "2024-11-29", "close": 24.38, "volume": 744389, "typical_volume": 1155420.45, "trend": 24.143333, "fair_value": 15.419423, "relative_strength": 6.302806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.02939, "energy": 19.639321, "activity_lines": [ 25.256, 26.389273, 25.571571, 24.92443 ] }, { "date": "2024-12-06", "close": 25.42, "volume": 808104, "typical_volume": 1137518.45, "trend": 24.209667, "fair_value": 15.509808, "relative_strength": 6.516529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.63637, "energy": 22.673438, "activity_lines": [ 25.068, 26.151091, 25.627238, 25.006796 ] }, { "date": "2024-12-13", "close": 23.15, "volume": 749350, "typical_volume": 1112396.0, "trend": 24.213333, "fair_value": 15.599487, "relative_strength": -4.307364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.034715, "energy": 17.48618, "activity_lines": [ 24.270667, 25.476727, 25.450476, 24.93843 ] }, { "date": "2024-12-20", "close": 22.47, "volume": 1532379, "typical_volume": 1107109.3, "trend": 24.164333, "fair_value": 15.679679, "relative_strength": -5.263547, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.154585, "energy": 26.58883, "activity_lines": [ 23.634, 24.758364, 25.228762, 24.825957 ] }, { "date": "2024-12-27", "close": 22.37, "volume": 637538, "typical_volume": 1093542.75, "trend": 24.157667, "fair_value": 15.765385, "relative_strength": -6.882781, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.687463, "energy": 31.145613, "activity_lines": [ 23.093333, 24.120727, 25.001095, 24.710194 ] }, { "date": "2025-01-03", "close": 24.425, "volume": 731465, "typical_volume": 1099422.9, "trend": 24.273833, "fair_value": 15.869391, "relative_strength": 1.87289, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -17.597015, "energy": 27.838257, "activity_lines": [ 23.382333, 23.977273, 24.96419, 24.727441 ] }, { "date": "2025-01-10", "close": 21.74, "volume": 807851, "typical_volume": 1109827.2, "trend": 24.275167, "fair_value": 15.959006, "relative_strength": -7.774943, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.921887, "energy": 34.459585, "activity_lines": [ 22.773333, 23.425364, 24.668167, 24.563968 ] }, { "date": "2025-01-17", "close": 21.47, "volume": 1630357, "typical_volume": 1162157.6, "trend": 24.276167, "fair_value": 16.053558, "relative_strength": -11.715047, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.480138, "energy": 34.90906, "activity_lines": [ 22.319667, 22.931455, 24.352429, 24.382989 ] }, { "date": "2025-01-24", "close": 21.86, "volume": 1194551, "typical_volume": 1184413.45, "trend": 24.225833, "fair_value": 16.158301, "relative_strength": -11.572485, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.402505, "energy": 29.499713, "activity_lines": [ 22.108, 22.644636, 24.075786, 24.227108 ] }, { "date": "2025-01-31", "close": 21.86, "volume": 1307095, "typical_volume": 1218643.75, "trend": 24.207167, "fair_value": 16.26484, "relative_strength": -10.540646, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -58.068831, "energy": 46.148489, "activity_lines": [ 21.937, 22.404182, 23.797143, 24.074473 ] }, { "date": "2025-02-07", "close": 22.0, "volume": 1013670, "typical_volume": 1199591.35, "trend": 24.115833, "fair_value": 16.376378, "relative_strength": -10.273879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.076785, "energy": 39.700538, "activity_lines": [ 21.846667, 22.237909, 23.534024, 23.932075 ] }, { "date": "2025-02-14", "close": 21.68, "volume": 1170988, "typical_volume": 1206809.05, "trend": 24.104833, "fair_value": 16.478686, "relative_strength": -14.118702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.269289, "energy": 38.3069, "activity_lines": [ 21.811333, 22.056727, 23.246095, 23.774925 ] }, { "date": "2025-02-21", "close": 21.8, "volume": 554947, "typical_volume": 1060779.35, "trend": 23.921167, "fair_value": 16.579968, "relative_strength": -11.783882, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.278439, "energy": 33.451926, "activity_lines": [ 21.82, 21.965364, 22.981262, 23.626226 ] }, { "date": "2025-02-28", "close": 20.83, "volume": 751091, "typical_volume": 1042662.85, "trend": 23.8415, "fair_value": 16.671955, "relative_strength": -12.858171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.563202, "energy": 37.947033, "activity_lines": [ 21.483333, 21.722182, 22.651333, 23.426796 ] }, { "date": "2025-03-07", "close": 21.0, "volume": 1604083, "typical_volume": 1055454.2, "trend": 23.8305, "fair_value": 16.766314, "relative_strength": -9.54001, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.982396, "energy": 37.396379, "activity_lines": [ 21.272, 21.539727, 22.37131, 23.243473 ] }, { "date": "2025-03-14", "close": 20.74, "volume": 860353, "typical_volume": 1054252.45, "trend": 23.7315, "fair_value": 16.854135, "relative_strength": -8.975097, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.919788, "energy": 39.970935, "activity_lines": [ 21.031333, 21.334909, 22.104619, 23.044086 ] }, { "date": "2025-03-21", "close": 21.08, "volume": 1176909, "typical_volume": 1053835.8, "trend": 23.6675, "fair_value": 16.939519, "relative_strength": -7.793891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.850175, "energy": 39.641944, "activity_lines": [ 20.988, 21.258909, 21.908738, 22.873022 ] }, { "date": "2025-03-28", "close": 21.07, "volume": 1152650, "typical_volume": 1034830.75, "trend": 23.6405, "fair_value": 17.026635, "relative_strength": -5.829519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.053823, "energy": 33.274247, "activity_lines": [ 20.981333, 21.193091, 21.743095, 22.705441 ] }, { "date": "2025-04-04", "close": 18.69, "volume": 2556181, "typical_volume": 1099554.65, "trend": 23.548833, "fair_value": 17.120032, "relative_strength": -7.318805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.902224, "energy": 51.454582, "activity_lines": [ 20.23, 20.701818, 21.388357, 22.386054 ] }, { "date": "2025-04-11", "close": 16.51, "volume": 2318562, "typical_volume": 1165125.65, "trend": 23.355167, "fair_value": 17.199199, "relative_strength": -23.474142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.05074, "energy": 67.771747, "activity_lines": [ 18.894667, 19.871818, 20.853238, 21.931935 ] }, { "date": "2025-04-18", "close": 16.53, "volume": 755227, "typical_volume": 1165667.55, "trend": 23.133167, "fair_value": 17.268237, "relative_strength": -21.454725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.663758, "energy": 75.931169, "activity_lines": [ 17.865333, 19.142727, 20.358262, 21.491602 ] }, { "date": "2025-04-25", "close": 18.21, "volume": 1346103, "typical_volume": 1192567.5, "trend": 22.935833, "fair_value": 17.350609, "relative_strength": -18.631287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.542482, "energy": 68.508244, "activity_lines": [ 17.676667, 18.818545, 20.060667, 21.173978 ] }, { "date": "2025-05-02", "close": 20.51, "volume": 1129987, "typical_volume": 1211599.35, "trend": 22.701833, "fair_value": 17.449006, "relative_strength": -11.029716, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.782093, "energy": 42.95785, "activity_lines": [ 18.446, 18.975636, 20.016452, 21.017473 ] }, { "date": "2025-05-09", "close": 18.42, "volume": 2011842, "typical_volume": 1235572.5, "trend": 22.3855, "fair_value": 17.537083, "relative_strength": -19.443438, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.719798, "energy": 35.69399, "activity_lines": [ 18.556, 18.776182, 19.785762, 20.741226 ] }, { "date": "2025-05-16", "close": 16.86, "volume": 2493551, "typical_volume": 1328373.15, "trend": 21.980833, "fair_value": 17.612853, "relative_strength": -30.466249, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.958298, "energy": 34.787411, "activity_lines": [ 18.164, 18.336909, 19.425786, 20.384742 ] }, { "date": "2025-05-23", "close": 16.4, "volume": 1192273, "typical_volume": 1351413.55, "trend": 21.567167, "fair_value": 17.688494, "relative_strength": -30.144574, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.24572, "energy": 36.844606, "activity_lines": [ 17.595333, 17.889273, 19.048238, 20.024688 ] }, { "date": "2025-05-30", "close": 17.77, "volume": 1311073, "typical_volume": 1376574.65, "trend": 21.2385, "fair_value": 17.772917, "relative_strength": -25.244645, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.595065, "energy": 35.897813, "activity_lines": [ 17.492, 17.769636, 18.839381, 19.77971 ] }, { "date": "2025-06-06", "close": 20.74, "volume": 2983048, "typical_volume": 1444209.2, "trend": 20.9645, "fair_value": 17.87766, "relative_strength": -14.301024, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.539458, "energy": 20.795715, "activity_lines": [ 18.408, 18.250182, 18.932286, 19.747548 ] }, { "date": "2025-06-13", "close": 21.91, "volume": 4700307, "typical_volume": 1619497.0, "trend": 20.881167, "fair_value": 17.988622, "relative_strength": -8.805066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.645873, "energy": 9.964831, "activity_lines": [ 19.698667, 18.949455, 19.140095, 19.808548 ] }, { "date": "2025-06-20", "close": 21.3, "volume": 2879279, "typical_volume": 1698106.2, "trend": 20.773167, "fair_value": 18.094904, "relative_strength": -11.153872, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.501036, "energy": 14.403189, "activity_lines": [ 20.553333, 19.479273, 19.289571, 19.83557 ] }, { "date": "2025-06-27", "close": 20.68, "volume": 3665428, "typical_volume": 1830694.1, "trend": 20.649833, "fair_value": 18.197212, "relative_strength": -16.780418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.497546, "energy": 20.677164, "activity_lines": [ 20.905333, 19.809273, 19.382667, 19.829559 ] }, { "date": "2025-07-04", "close": 20.73, "volume": 2456480, "typical_volume": 1894968.7, "trend": 20.4935, "fair_value": 18.29984, "relative_strength": -17.512695, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.749201, "energy": 19.582765, "activity_lines": [ 20.988667, 20.072909, 19.48681, 19.834731 ] }, { "date": "2025-07-11", "close": 22.45, "volume": 2190912, "typical_volume": 1976766.95, "trend": 20.470167, "fair_value": 18.414263, "relative_strength": -9.968679, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.824574, "energy": 33.571351, "activity_lines": [ 21.448, 20.603455, 19.759286, 19.960957 ] }, { "date": "2025-07-18", "close": 22.66, "volume": 2809963, "typical_volume": 2079710.55, "trend": 20.4765, "fair_value": 18.526699, "relative_strength": -10.03125, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.045177, "energy": 30.551966, "activity_lines": [ 21.863333, 21.136909, 20.048667, 20.102237 ] }, { "date": "2025-07-25", "close": 21.2, "volume": 1226276, "typical_volume": 2060820.2, "trend": 20.4375, "fair_value": 18.632596, "relative_strength": -15.797677, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.346411, "energy": 24.731159, "activity_lines": [ 21.742, 21.327818, 20.190286, 20.148914 ] }, { "date": "2025-08-01", "close": 18.73, "volume": 1786061, "typical_volume": 2107105.6, "trend": 20.247667, "fair_value": 18.720865, "relative_strength": -23.326282, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.11811, "energy": 7.32135, "activity_lines": [ 20.804, 20.990727, 20.095714, 20.038753 ] }, { "date": "2025-08-08", "close": 17.69, "volume": 2146282, "typical_volume": 2155574.25, "trend": 20.112667, "fair_value": 18.804519, "relative_strength": -29.672759, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -15.75778, "energy": 12.468591, "activity_lines": [ 19.649333, 20.422182, 19.911667, 19.873742 ] }, { "date": "2025-08-15", "close": 20.22, "volume": 1544918, "typical_volume": 2175187.65, "trend": 20.071, "fair_value": 18.904904, "relative_strength": -19.466531, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.069504, "energy": 12.14239, "activity_lines": [ 19.540667, 20.315091, 19.984714, 19.880667 ] }, { "date": "2025-08-22", "close": 20.85, "volume": 2412816, "typical_volume": 2168019.4, "trend": 20.037333, "fair_value": 19.007532, "relative_strength": -15.740574, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.584307, "energy": 9.68574, "activity_lines": [ 19.790667, 20.332, 20.12181, 19.930925 ] }, { "date": "2025-08-29", "close": 20.27, "volume": 2379040, "typical_volume": 2171043.3, "trend": 19.984333, "fair_value": 19.107981, "relative_strength": -17.467929, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.587782, "energy": 5.543055, "activity_lines": [ 19.968, 20.262727, 20.193381, 19.945935 ] }, { "date": "2025-09-05", "close": 20.15, "volume": 1479367, "typical_volume": 2207250.3, "trend": 19.922667, "fair_value": 19.183558, "relative_strength": -18.285589, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 19.513983, "energy": 9.735488, "activity_lines": [ 20.167333, 20.190364, 20.235619, 19.956624 ] }, { "date": "2025-09-12", "close": 19.96, "volume": 2709500, "typical_volume": 2275420.15, "trend": 19.865333, "fair_value": 19.25125, "relative_strength": -20.044668, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 29.87305, "energy": 13.914402, "activity_lines": [ 20.208667, 20.093091, 20.242524, 19.959032 ] }, { "date": "2025-09-19", "close": 18.96, "volume": 5389482, "typical_volume": 2488394.9, "trend": 19.770667, "fair_value": 19.315096, "relative_strength": -25.093113, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -9.220953, "energy": 6.344529, "activity_lines": [ 19.765333, 19.828, 20.145857, 19.900624 ] }, { "date": "2025-09-26", "close": 20.01, "volume": 2126122, "typical_volume": 2494108.9, "trend": 19.743333, "fair_value": 19.384904, "relative_strength": -19.99617, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 16.391342, "energy": 11.88419, "activity_lines": [ 19.756, 19.817273, 20.156571, 19.916065 ] }, { "date": "2025-10-03", "close": 19.61, "volume": 1647897, "typical_volume": 2451826.2, "trend": 19.697, "fair_value": 19.450865, "relative_strength": -21.660954, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.697915, "energy": 10.53726, "activity_lines": [ 19.669333, 19.782, 20.121619, 19.907462 ] }, { "date": "2025-10-10", "close": 20.82, "volume": 2405065, "typical_volume": 2512465.8, "trend": 19.699667, "fair_value": 19.487147, "relative_strength": -14.038467, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 31.180657, "energy": 12.737494, "activity_lines": [ 20.03, 19.995636, 20.18881, 19.979914 ] }, { "date": "2025-10-17", "close": 21.41, "volume": 2251231, "typical_volume": 2559473.7, "trend": 19.710667, "fair_value": 19.523878, "relative_strength": -12.754537, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 40.411182, "energy": 22.992099, "activity_lines": [ 20.542667, 20.278545, 20.291143, 20.090258 ] }, { "date": "2025-10-24", "close": 20.61, "volume": 2147830, "typical_volume": 2517712.8, "trend": 19.695333, "fair_value": 19.546506, "relative_strength": -16.819752, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 41.339475, "energy": 26.149478, "activity_lines": [ 20.692, 20.348364, 20.299952, 20.14828 ] }, { "date": "2025-10-31", "close": 23.42, "volume": 2137615, "typical_volume": 2389578.2, "trend": 19.853, "fair_value": 19.586378, "relative_strength": -6.391566, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.030595, "energy": 53.901757, "activity_lines": [ 21.668, 20.922, 20.577, 20.388581 ] }, { "date": "2025-11-07", "close": 17.63, "volume": 5074641, "typical_volume": 2499346.3, "trend": 19.890333, "fair_value": 19.572724, "relative_strength": -26.312525, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 20.002659, "energy": 11.525243, "activity_lines": [ 20.486667, 20.396182, 20.295429, 20.245161 ] }, { "date": "2025-11-14", "close": 22.07, "volume": 2511459, "typical_volume": 2441647.85, "trend": 20.075, "fair_value": 19.596506, "relative_strength": -7.021301, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.577894, "energy": 24.502669, "activity_lines": [ 20.917333, 20.725636, 20.45419, 20.385785 ] }, { "date": "2025-11-21", "close": 21.75, "volume": 2631655, "typical_volume": 2450406.6, "trend": 20.193, "fair_value": 19.623109, "relative_strength": -4.892505, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 50.906843, "energy": 24.660159, "activity_lines": [ 21.158, 20.962, 20.575857, 20.493849 ] }, { "date": "2025-11-28", "close": 21.6, "volume": 2329096, "typical_volume": 2457315.8, "trend": 20.229333, "fair_value": 19.653878, "relative_strength": -9.405639, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.467002, "energy": 19.103241, "activity_lines": [ 21.326, 21.138545, 20.678381, 20.584624 ] }, { "date": "2025-12-05", "close": 21.81, "volume": 2409272, "typical_volume": 2437281.25, "trend": 20.342333, "fair_value": 19.691122, "relative_strength": -8.813336, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.666267, "energy": 35.96581, "activity_lines": [ 21.498, 21.305273, 20.804952, 20.686602 ] }, { "date": "2025-12-12", "close": 16.86, "volume": 5531511, "typical_volume": 2652543.0, "trend": 20.342333, "fair_value": 19.694071, "relative_strength": -27.549377, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -10.98214, "energy": 7.20558, "activity_lines": [ 20.127333, 20.539273, 20.464143, 20.461935 ] }, { "date": "2025-12-19", "close": 16.87, "volume": 5604453, "typical_volume": 2843462.6, "trend": 20.358, "fair_value": 19.69375, "relative_strength": -27.311731, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -57.197444, "energy": 42.889496, "activity_lines": [ 18.811333, 19.825091, 20.144952, 20.237914 ] }, { "date": "2025-12-26", "close": 16.3, "volume": 2244525, "typical_volume": 2848374.75, "trend": 20.309, "fair_value": 19.693365, "relative_strength": -30.022895, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -61.679096, "energy": 59.530341, "activity_lines": [ 17.652, 19.079091, 19.780333, 19.976108 ] }, { "date": "2026-01-02", "close": 15.54, "volume": 1735208, "typical_volume": 2857889.25, "trend": 20.135667, "fair_value": 19.672468, "relative_strength": -31.336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.360698, "energy": 70.153933, "activity_lines": [ 16.602667, 18.287818, 19.349952, 19.66843 ] }, { "date": "2026-01-09", "close": 26.0, "volume": 17003734, "typical_volume": 3587435.15, "trend": 20.272, "fair_value": 19.724263, "relative_strength": 12.494514, "stage": 2, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.320824, "energy": 13.597246, "activity_lines": [ 19.444, 19.490545, 19.938048, 20.046774 ] }, { "date": "2026-01-16", "close": 26.71, "volume": 5997048, "typical_volume": 3768335.55, "trend": 20.452333, "fair_value": 19.790865, "relative_strength": 16.469764, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 63.091555, "energy": 34.824173, "activity_lines": [ 22.242667, 20.775455, 20.569238, 20.462129 ] }, { "date": "2026-01-23", "close": 25.78, "volume": 4253107, "typical_volume": 3907022.55, "trend": 20.622333, "fair_value": 19.85125, "relative_strength": 12.155703, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 61.237909, "energy": 46.057569, "activity_lines": [ 24.074667, 21.726182, 21.08119, 20.805849 ] }, { "date": "2026-01-30", "close": 26.45, "volume": 4615815, "typical_volume": 4002338.3, "trend": 20.813, "fair_value": 19.893365, "relative_strength": 15.19967, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.339264, "energy": 56.3109, "activity_lines": [ 25.536, 22.731273, 21.630143, 21.181828 ] }, { "date": "2026-02-06", "close": 29.42, "volume": 4826459, "typical_volume": 3974187.15, "trend": 21.045333, "fair_value": 19.946827, "relative_strength": 30.29802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.066219, "energy": 80.958012, "activity_lines": [ 27.310667, 24.190909, 22.431048, 21.737118 ] }, { "date": "2026-02-13", "close": 26.72, "volume": 2463975, "typical_volume": 3991079.8, "trend": 21.180667, "fair_value": 19.983237, "relative_strength": 19.617337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.118915, "energy": 73.892793, "activity_lines": [ 27.26, 25.017455, 22.925, 22.103226 ] }, { "date": "2026-02-20", "close": 26.02, "volume": 2753982, "typical_volume": 4046384.05, "trend": 21.341333, "fair_value": 19.997788, "relative_strength": 15.100208, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.61815, "energy": 65.570134, "activity_lines": [ 26.928, 25.627455, 23.320333, 22.415441 ] }, { "date": "2026-02-27", "close": 29.69, "volume": 3866389, "typical_volume": 4119450.25, "trend": 21.706667, "fair_value": 20.046442, "relative_strength": 31.140747, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.704862, "energy": 62.400216, "activity_lines": [ 27.865333, 26.738182, 24.034667, 22.954065 ] }, { "date": "2026-03-06", "close": 29.44, "volume": 3601305, "typical_volume": 4186953.95, "trend": 22.098333, "fair_value": 20.099968, "relative_strength": 31.253429, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.685389, "energy": 49.540981, "activity_lines": [ 28.458667, 27.570364, 24.682952, 23.452989 ] }, { "date": "2026-03-13", "close": 27.77, "volume": 4319977, "typical_volume": 4295561.3, "trend": 22.35, "fair_value": 20.135353, "relative_strength": 24.85248, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.72487, "energy": 45.422351, "activity_lines": [ 28.296, 27.86, 25.133952, 23.818903 ] }, { "date": "2026-03-20", "close": 29.03, "volume": 8426020, "typical_volume": 4609981.55, "trend": 22.622667, "fair_value": 20.174006, "relative_strength": 32.735731, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.535441, "energy": 45.450127, "activity_lines": [ 28.663333, 28.156364, 25.670857, 24.249871 ] }, { "date": "2026-03-27", "close": 38.83, "volume": 13324955, "typical_volume": 5022497.25, "trend": 23.241333, "fair_value": 20.282532, "relative_strength": 81.251978, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.737804, "energy": 68.414671, "activity_lines": [ 32.143333, 30.179455, 27.114381, 25.295505 ] }, { "date": "2026-04-03", "close": 38.83, "volume": 5856904, "typical_volume": 5189769.5, "trend": 23.864, "fair_value": 20.393942, "relative_strength": 72.400703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.744131, "energy": 78.852291, "activity_lines": [ 34.769333, 31.982182, 28.456952, 26.301226 ] }, { "date": "2026-04-10", "close": 45.32, "volume": 8356313, "typical_volume": 5476002.4, "trend": 24.709333, "fair_value": 20.568878, "relative_strength": 89.068441, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.88227, "energy": 96.276509, "activity_lines": [ 38.949333, 34.727636, 30.33781, 27.685484 ] }, { "date": "2026-04-17", "close": 48.11, "volume": 5643524, "typical_volume": 5641723.8, "trend": 25.681, "fair_value": 20.749712, "relative_strength": 85.676526, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.350534, "energy": 96.231709, "activity_lines": [ 43.000667, 37.637273, 32.372143, 29.195204 ] }, { "date": "2026-04-24", "close": 44.25, "volume": 3158903, "typical_volume": 5679205.35, "trend": 26.489, "fair_value": 20.911314, "relative_strength": 64.873064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.289234, "energy": 88.294574, "activity_lines": [ 44.409333, 39.505273, 33.912619, 30.393204 ] }, { "date": "2026-05-01", "close": 41.7, "volume": 3106134, "typical_volume": 5557936.5, "trend": 27.225333, "fair_value": 21.052724, "relative_strength": 51.581367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.488502, "energy": 85.885018, "activity_lines": [ 43.953333, 40.590909, 35.103381, 31.374559 ] }, { "date": "2026-05-08", "close": 40.75, "volume": 2424968, "typical_volume": 5398962.25, "trend": 27.889667, "fair_value": 21.189583, "relative_strength": 39.132905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.959635, "energy": 63.532728, "activity_lines": [ 42.989333, 41.218727, 36.085381, 32.247118 ] }, { "date": "2026-05-15", "close": 41.34, "volume": 4118438, "typical_volume": 5492657.9, "trend": 28.554, "fair_value": 21.32516, "relative_strength": 39.915301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.157945, "energy": 51.595195, "activity_lines": [ 42.094, 41.752727, 37.009857, 33.114882 ] }, { "date": "2026-05-22", "close": 41.54, "volume": 3335869, "typical_volume": 5572690.95, "trend": 29.251667, "fair_value": 21.465673, "relative_strength": 37.285533, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.604107, "energy": 39.446886, "activity_lines": [ 41.530667, 42.106727, 37.834143, 33.952688 ] }, { "date": "2026-05-29", "close": 39.57, "volume": 2109136, "typical_volume": 4827961.05, "trend": 29.79, "fair_value": 21.581186, "relative_strength": 25.990642, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.707401, "energy": 33.194224, "activity_lines": [ 40.748667, 41.852182, 38.347, 34.618387 ] }, { "date": "2026-06-05", "close": 34.71, "volume": 5404890, "typical_volume": 4798353.15, "trend": 30.359333, "fair_value": 21.665096, "relative_strength": 15.210201, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.04207, "energy": 20.669777, "activity_lines": [ 38.658667, 40.522364, 38.332381, 34.935806 ] }, { "date": "2026-06-12", "close": 46.13, "volume": 15186409, "typical_volume": 5345018.25, "trend": 31.161333, "fair_value": 21.828942, "relative_strength": 48.178327, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.065719, "energy": 30.752234, "activity_lines": [ 40.841333, 41.343818, 39.367286, 35.953269 ] }, { "date": "2026-06-19", "close": 45.1, "volume": 10200308, "typical_volume": 5624242.9, "trend": 31.939667, "fair_value": 21.982917, "relative_strength": 39.832689, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.476754, "energy": 35.19876, "activity_lines": [ 42.322, 41.845273, 40.20719, 36.852538 ] }, { "date": "2026-06-26", "close": 50.08, "volume": 16875862, "typical_volume": 6226713.05, "trend": 32.889, "fair_value": 22.173109, "relative_strength": 60.254536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.570814, "energy": 50.608251, "activity_lines": [ 45.212, 43.256182, 41.432571, 38.022882 ] }, { "date": "2026-07-03", "close": 49.82, "volume": 5568957, "typical_volume": 6381962.15, "trend": 33.822667, "fair_value": 22.378622, "relative_strength": 55.85957, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.323435, "energy": 70.627749, "activity_lines": [ 47.446, 44.584, 42.53481, 39.115204 ] }, { "date": "2026-07-10", "close": 51.09, "volume": 5500359, "typical_volume": 6519281.0, "trend": 34.963667, "fair_value": 22.590224, "relative_strength": 55.010767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.441454, "energy": 78.241218, "activity_lines": [ 49.42, 46.041455, 43.648, 40.229226 ] }, { "date": "2026-07-17", "close": 53.2, "volume": 3535868, "typical_volume": 6502754.95, "trend": 36.174667, "fair_value": 22.807981, "relative_strength": 65.891332, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.196318, "energy": 82.587791, "activity_lines": [ 51.005333, 47.711818, 44.842762, 41.405763 ] }, { "date": "2026-07-24", "close": 52.95, "volume": 2690625, "typical_volume": 6457220.95, "trend": 37.396333, "fair_value": 23.027532, "relative_strength": 65.050105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.801659, "energy": 77.549401, "activity_lines": [ 52.036, 49.110364, 45.901762, 42.488043 ] }, { "date": "2026-07-31", "close": 54.81, "volume": 4298152, "typical_volume": 6456129.7, "trend": 38.705333, "fair_value": 23.26266, "relative_strength": 66.78613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.50815, "energy": 77.65366, "activity_lines": [ 53.163333, 50.636, 47.025952, 43.611505 ] }, { "date": "2026-08-07", "close": 60.46, "volume": 9468649, "typical_volume": 6508261.15, "trend": 39.854, "fair_value": 23.537788, "relative_strength": 71.424514, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.556442, "energy": 78.476434, "activity_lines": [ 55.858667, 52.947636, 48.559476, 45.015032 ] } ], "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." } } }