{ "ticker": { "uuid": "2ac0813c-de2b-4045-8c6b-bdc8683d2eee", "symbol": "WTRE", "name": "WisdomTree New Economy Real Estate UCITS ETF - USD Acc", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 54.779, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 5.862, "architecture_energy": 14.481, "architecture_maturity": 35.411, "architecture_confidence": 84.659, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 59.44, "rotation_up": 17.12, "upward_expansion": 41.05, "deceleration": 82.64, "rotation_down": 38.83, "downward_expansion": 35.05 }, "activity_lines": [ 31.290333, 31.588909, 31.986595, 31.58579 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.5 }, "latest_close": 31.4725, "trend_reference": 31.055833, "distance_from_trend": 0.013417, "trend_direction": "Improving", "fair_value": 24.152255, "distance_from_fair_value": 0.303087, "fair_value_direction": "Weakening", "relative_strength": -2.071354, "relative_strength_direction": "Weakening", "price_momentum": 0.082459, "excess_performance": 0.031224, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.013417, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.047503, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.303087, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.101318, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.020714, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.135526, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.082459, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.993825, "read": "Demand-led" } ], "volume": { "latest": 1196, "relative_activity": 0.612532, "balance": 1.993825, "dry_up": 1.140176, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.047263, "annualized_volatility": 0.205729, "from_high_reference": -0.23118, "from_low_reference": 0.303209 }, "levels": { "trend_reference": 31.055833, "fair_value_reference": 24.152255, "structural_low": 27.025, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 5, "median_return": 0.007918, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.015817, "regime_survival": 0.6, "best_return": 0.01934, "worst_return": -0.083688, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 2, "median_return": -0.038733, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.108372, "regime_survival": 0.0, "best_return": -0.016759, "worst_return": -0.060706, "sufficient": false }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.015444, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.046903, "regime_survival": 0.0, "best_return": 0.073668, "worst_return": -0.04278, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.029781, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.109212, "regime_survival": 0.0, "best_return": 0.029781, "worst_return": 0.029781, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-03", "end": "2024-05-17", "tenure": "New", "return": 0.043286, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-05-24", "end": "2024-07-05", "tenure": "Developing", "return": 0.019966, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-07-12", "end": "2024-07-26", "tenure": "New", "return": -0.016762, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-10-25", "tenure": "Established", "return": 0.05233, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-12-13", "tenure": "Developing", "return": -0.04179, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.032554, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-05-16", "tenure": "Established", "return": 0.040009, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.065349, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-11-28", "tenure": "Established", "return": 0.19407, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-01-16", "tenure": "Developing", "return": 0.083855, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-03-20", "tenure": "Developing", "return": -0.045466, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.172057, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-03", "tenure": "Developing", "return": -0.002604, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.002708, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 19.337, "volume": 5, "typical_volume": 388.05, "trend": 19.978116, "fair_value": 21.068887, "relative_strength": 1.197464, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -17.886987, "energy": 12.108642, "activity_lines": [ 19.922233, 20.051555, 19.917064, 19.878832 ] }, { "date": "2023-08-25", "close": 19.612, "volume": 3, "typical_volume": 387.55, "trend": 19.926516, "fair_value": 21.050901, "relative_strength": 1.788621, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -14.839017, "energy": 23.168943, "activity_lines": [ 19.743667, 19.978409, 19.89481, 19.855212 ] }, { "date": "2023-09-01", "close": 20.057501, "volume": 4, "typical_volume": 387.5, "trend": 19.872017, "fair_value": 21.038787, "relative_strength": 2.534028, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -4.900008, "energy": 19.309953, "activity_lines": [ 19.7818, 19.994182, 19.915241, 19.863662 ] }, { "date": "2023-09-08", "close": 19.922001, "volume": 0, "typical_volume": 382.5, "trend": 19.839167, "fair_value": 21.025331, "relative_strength": 1.870779, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": 0.982153, "energy": 13.952075, "activity_lines": [ 19.815267, 19.967382, 19.921103, 19.866887 ] }, { "date": "2023-09-15", "close": 19.886, "volume": 1, "typical_volume": 381.95, "trend": 19.811033, "fair_value": 21.011768, "relative_strength": -1.213926, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 22.828594, "energy": 12.190457, "activity_lines": [ 19.856767, 19.930073, 19.923264, 19.869909 ] }, { "date": "2023-09-22", "close": 19.09, "volume": 25, "typical_volume": 89.0, "trend": 19.777867, "fair_value": 20.989159, "relative_strength": -4.663659, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -32.064074, "energy": 21.361871, "activity_lines": [ 19.632467, 19.748328, 19.850886, 19.82339 ] }, { "date": "2023-09-29", "close": 18.754, "volume": 0, "typical_volume": 88.8, "trend": 19.729167, "fair_value": 20.963169, "relative_strength": -5.268723, "stage": 1, "regime": "balance", "modifier": "Neutral compression", "gate": "mixed", "direction": -50.65535, "energy": 56.635012, "activity_lines": [ 19.312634, 19.5344, 19.751222, 19.757335 ] }, { "date": "2023-10-06", "close": 17.981001, "volume": 18, "typical_volume": 47.5, "trend": 19.675467, "fair_value": 20.928891, "relative_strength": -7.680239, "stage": 4, "regime": "balance", "modifier": "Neutral compression", "gate": "down", "direction": -87.268217, "energy": 86.563716, "activity_lines": [ 18.792334, 19.214128, 19.582205, 19.64455 ] }, { "date": "2023-10-13", "close": 18.305, "volume": 1, "typical_volume": 41.4, "trend": 19.641033, "fair_value": 20.899074, "relative_strength": -7.223832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.985889, "energy": 88.439272, "activity_lines": [ 18.518467, 19.001564, 19.450684, 19.556132 ] }, { "date": "2023-10-20", "close": 17.5, "volume": 20908, "typical_volume": 1086.7, "trend": 19.593967, "fair_value": 20.860882, "relative_strength": -8.85445, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.362831, "energy": 94.925763, "activity_lines": [ 18.084067, 18.6775, 19.245691, 19.418001 ] }, { "date": "2023-10-27", "close": 17.403, "volume": 26, "typical_volume": 1088.0, "trend": 19.514133, "fair_value": 20.822461, "relative_strength": -7.824461, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.018182, "energy": 93.603499, "activity_lines": [ 17.7764, 18.379055, 19.04185, 19.276649 ] }, { "date": "2023-11-03", "close": 19.062, "volume": 0, "typical_volume": 1065.35, "trend": 19.494, "fair_value": 20.803115, "relative_strength": -0.805557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.50947, "energy": 62.381337, "activity_lines": [ 18.1342, 18.417409, 19.006548, 19.247479 ] }, { "date": "2023-11-10", "close": 18.275999, "volume": 14, "typical_volume": 1063.8, "trend": 19.446267, "fair_value": 20.775647, "relative_strength": -3.984618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.058205, "energy": 51.064496, "activity_lines": [ 18.209466, 18.322854, 18.901081, 19.168898 ] }, { "date": "2023-11-17", "close": 19.391001, "volume": 0, "typical_volume": 1063.8, "trend": 19.430467, "fair_value": 20.760758, "relative_strength": -0.036511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.323296, "energy": 22.575591, "activity_lines": [ 18.636733, 18.463418, 18.905591, 19.165332 ] }, { "date": "2023-11-24", "close": 19.620001, "volume": 1, "typical_volume": 1059.35, "trend": 19.412717, "fair_value": 20.748622, "relative_strength": 1.390286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -11.633661, "energy": 23.482874, "activity_lines": [ 19.067934, 18.655273, 18.9334, 19.17756 ] }, { "date": "2023-12-01", "close": 20.389999, "volume": 153, "typical_volume": 1063.5, "trend": 19.42305, "fair_value": 20.744847, "relative_strength": 4.738626, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 26.671255, "energy": 34.116619, "activity_lines": [ 19.614467, 18.991964, 19.035886, 19.240611 ] }, { "date": "2023-12-08", "close": 20.475, "volume": 0, "typical_volume": 1058.15, "trend": 19.45055, "fair_value": 20.742036, "relative_strength": 4.772664, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.999907, "energy": 45.143383, "activity_lines": [ 19.9902, 19.320473, 19.147848, 19.308479 ] }, { "date": "2023-12-15", "close": 21.52, "volume": 21, "typical_volume": 1059.2, "trend": 19.52205, "fair_value": 20.750057, "relative_strength": 9.627654, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.861956, "energy": 71.153123, "activity_lines": [ 20.620067, 19.807691, 19.360095, 19.441992 ] }, { "date": "2023-12-22", "close": 21.59, "volume": 0, "typical_volume": 1059.0, "trend": 19.609183, "fair_value": 20.758628, "relative_strength": 8.057497, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.698045, "energy": 76.911454, "activity_lines": [ 21.057, 20.243291, 19.574938, 19.575408 ] }, { "date": "2023-12-29", "close": 21.955, "volume": 0, "typical_volume": 1059.0, "trend": 19.68495, "fair_value": 20.770712, "relative_strength": 9.170825, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.507005, "energy": 93.123457, "activity_lines": [ 21.469, 20.685527, 19.818031, 19.726751 ] }, { "date": "2024-01-05", "close": 21.315001, "volume": 0, "typical_volume": 1058.75, "trend": 19.741584, "fair_value": 20.776155, "relative_strength": 6.394589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.815507, "energy": 87.259146, "activity_lines": [ 21.512, 20.9304, 19.990286, 19.831915 ] }, { "date": "2024-01-12", "close": 21.4125, "volume": 0, "typical_volume": 1058.6, "trend": 19.787083, "fair_value": 20.782455, "relative_strength": 7.632408, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.941013, "energy": 83.598156, "activity_lines": [ 21.525834, 21.121873, 20.162407, 19.939716 ] }, { "date": "2024-01-19", "close": 20.67, "volume": 14573, "typical_volume": 1787.05, "trend": 19.840383, "fair_value": 20.781353, "relative_strength": 6.062114, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.350333, "energy": 56.044729, "activity_lines": [ 21.229667, 21.135609, 20.255241, 19.996679 ] }, { "date": "2024-01-26", "close": 21.014999, "volume": 0, "typical_volume": 1787.05, "trend": 19.884083, "fair_value": 20.783621, "relative_strength": 5.364938, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.72616, "energy": 40.90118, "activity_lines": [ 21.105166, 21.168545, 20.378014, 20.07246 ] }, { "date": "2024-02-02", "close": 20.735001, "volume": 0, "typical_volume": 1787.0, "trend": 19.91185, "fair_value": 20.783154, "relative_strength": 4.245936, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.392856, "energy": 34.412952, "activity_lines": [ 20.925667, 21.121046, 20.468917, 20.127358 ] }, { "date": "2024-02-09", "close": 20.5725, "volume": 4, "typical_volume": 1785.95, "trend": 19.908267, "fair_value": 20.781148, "relative_strength": 3.96567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.35262, "energy": 29.897655, "activity_lines": [ 20.773333, 21.023727, 20.5403, 20.169981 ] }, { "date": "2024-02-16", "close": 20.6775, "volume": 503, "typical_volume": 1811.1, "trend": 19.909683, "fair_value": 20.78017, "relative_strength": 2.542401, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.89304, "energy": 27.451519, "activity_lines": [ 20.7055, 20.942182, 20.614624, 20.219609 ] }, { "date": "2024-02-23", "close": 20.782499, "volume": 143, "typical_volume": 1817.35, "trend": 19.9136, "fair_value": 20.780192, "relative_strength": 3.023539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.121073, "energy": 24.944273, "activity_lines": [ 20.721666, 20.876045, 20.689788, 20.275919 ] }, { "date": "2024-03-01", "close": 21.07, "volume": 197, "typical_volume": 1827.15, "trend": 19.94185, "fair_value": 20.782875, "relative_strength": 4.619447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.760064, "energy": 28.910348, "activity_lines": [ 20.826166, 20.875591, 20.778993, 20.350526 ] }, { "date": "2024-03-08", "close": 21.625, "volume": 97, "typical_volume": 786.6, "trend": 20.00005, "fair_value": 20.790601, "relative_strength": 7.462501, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.112364, "energy": 50.378537, "activity_lines": [ 21.112, 20.9855, 20.907888, 20.459116 ] }, { "date": "2024-03-15", "close": 20.879999, "volume": 175, "typical_volume": 794.05, "trend": 20.051483, "fair_value": 20.791414, "relative_strength": 2.801749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.254236, "energy": 44.99566, "activity_lines": [ 21.090166, 20.965954, 20.946188, 20.515887 ] }, { "date": "2024-03-22", "close": 21.135, "volume": 106, "typical_volume": 799.35, "trend": 20.10225, "fair_value": 20.794509, "relative_strength": 1.304859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.594593, "energy": 45.659985, "activity_lines": [ 21.132833, 21.000682, 20.992217, 20.585791 ] }, { "date": "2024-03-29", "close": 21.477501, "volume": 200, "typical_volume": 808.65, "trend": 20.149583, "fair_value": 20.800607, "relative_strength": 2.585758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.349511, "energy": 57.790758, "activity_lines": [ 21.259167, 21.102727, 21.060993, 20.674517 ] }, { "date": "2024-04-05", "close": 20.76, "volume": 423, "typical_volume": 829.8, "trend": 20.177517, "fair_value": 20.800248, "relative_strength": -0.383429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.411834, "energy": 31.832189, "activity_lines": [ 21.1, 21.059636, 21.04619, 20.713899 ] }, { "date": "2024-04-12", "close": 20.3675, "volume": 543, "typical_volume": 856.9, "trend": 20.193567, "fair_value": 20.796452, "relative_strength": -3.329361, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 6.889202, "energy": 7.022605, "activity_lines": [ 20.830667, 20.949818, 20.987488, 20.726156 ] }, { "date": "2024-04-19", "close": 19.677999, "volume": 278, "typical_volume": 863.15, "trend": 20.213167, "fair_value": 20.786726, "relative_strength": -5.410276, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -18.625479, "energy": 26.653554, "activity_lines": [ 20.415333, 20.721318, 20.859559, 20.692893 ] }, { "date": "2024-04-26", "close": 19.933001, "volume": 397, "typical_volume": 883.0, "trend": 20.252467, "fair_value": 20.779366, "relative_strength": -6.979713, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -30.358338, "energy": 39.991212, "activity_lines": [ 20.165133, 20.555445, 20.759307, 20.674818 ] }, { "date": "2024-05-03", "close": 20.387501, "volume": 226, "typical_volume": 893.25, "trend": 20.332683, "fair_value": 20.776017, "relative_strength": -5.643976, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.065881, "energy": 45.602222, "activity_lines": [ 20.146567, 20.485746, 20.704922, 20.68353 ] }, { "date": "2024-05-10", "close": 20.6425, "volume": 159, "typical_volume": 901.2, "trend": 20.4106, "fair_value": 20.774886, "relative_strength": -6.900521, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.239573, "energy": 42.841369, "activity_lines": [ 20.285667, 20.469591, 20.680214, 20.703518 ] }, { "date": "2024-05-17", "close": 21.27, "volume": 192, "typical_volume": 910.8, "trend": 20.536267, "fair_value": 20.779046, "relative_strength": -3.936499, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 29.95351, "energy": 13.420675, "activity_lines": [ 20.641767, 20.5753, 20.719781, 20.758963 ] }, { "date": "2024-05-24", "close": 20.66, "volume": 26494, "typical_volume": 2235.5, "trend": 20.644833, "fair_value": 20.778054, "relative_strength": -5.536586, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.099896, "energy": 10.04654, "activity_lines": [ 20.734367, 20.576555, 20.704514, 20.766946 ] }, { "date": "2024-05-31", "close": 20.870001, "volume": 1573, "typical_volume": 2314.15, "trend": 20.7051, "fair_value": 20.778814, "relative_strength": -4.043963, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.252929, "energy": 16.021274, "activity_lines": [ 20.8315, 20.619991, 20.712367, 20.781473 ] }, { "date": "2024-06-07", "close": 20.8025, "volume": 395, "typical_volume": 1605.25, "trend": 20.789317, "fair_value": 20.779008, "relative_strength": -3.956452, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.768066, "energy": 12.829333, "activity_lines": [ 20.843667, 20.655973, 20.716374, 20.787757 ] }, { "date": "2024-06-14", "close": 20.8125, "volume": 460, "typical_volume": 1628.25, "trend": 20.8367, "fair_value": 20.779281, "relative_strength": -2.699755, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.835802, "energy": 13.811199, "activity_lines": [ 20.8315, 20.706046, 20.720703, 20.789253 ] }, { "date": "2024-06-21", "close": 20.645, "volume": 861, "typical_volume": 1671.3, "trend": 20.870867, "fair_value": 20.778198, "relative_strength": -4.51199, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.352777, "energy": 9.708647, "activity_lines": [ 20.752167, 20.724709, 20.710043, 20.776885 ] }, { "date": "2024-06-28", "close": 20.7675, "volume": 126, "typical_volume": 1677.4, "trend": 20.88345, "fair_value": 20.778112, "relative_strength": -3.027977, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.154422, "energy": 10.70002, "activity_lines": [ 20.755333, 20.7606, 20.711479, 20.770216 ] }, { "date": "2024-07-05", "close": 21.0725, "volume": 0, "typical_volume": 1652.25, "trend": 20.903367, "fair_value": 20.780448, "relative_strength": -1.956172, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.738139, "energy": 5.766818, "activity_lines": [ 20.853, 20.832136, 20.741033, 20.782413 ] }, { "date": "2024-07-12", "close": 22.2225, "volume": 328, "typical_volume": 1661.5, "trend": 20.926783, "fair_value": 20.791803, "relative_strength": 2.847652, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.047978, "energy": 54.843505, "activity_lines": [ 21.3205, 21.092046, 20.878231, 20.867518 ] }, { "date": "2024-07-19", "close": 22.059999, "volume": 210, "typical_volume": 1662.15, "trend": 20.94245, "fair_value": 20.801711, "relative_strength": 3.303038, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.019513, "energy": 67.544996, "activity_lines": [ 21.639166, 21.289045, 20.993095, 20.940629 ] }, { "date": "2024-07-26", "close": 21.85, "volume": 467, "typical_volume": 1680.65, "trend": 20.93895, "fair_value": 20.809837, "relative_strength": 0.75031, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 64.398679, "energy": 76.553333, "activity_lines": [ 21.804666, 21.422091, 21.083245, 20.999181 ] }, { "date": "2024-08-02", "close": 22.262501, "volume": 282, "typical_volume": 1686.0, "trend": 20.970533, "fair_value": 20.821012, "relative_strength": 4.008033, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.71995, "energy": 83.277777, "activity_lines": [ 22.027333, 21.619591, 21.21161, 21.084571 ] }, { "date": "2024-08-09", "close": 22.135, "volume": 482, "typical_volume": 1704.8, "trend": 20.994617, "fair_value": 20.831042, "relative_strength": 3.444318, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.81584, "energy": 77.844929, "activity_lines": [ 22.107833, 21.764773, 21.321248, 21.159698 ] }, { "date": "2024-08-16", "close": 22.3225, "volume": 1039, "typical_volume": 1746.75, "trend": 21.0497, "fair_value": 20.842341, "relative_strength": 2.504514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.811116, "energy": 75.407274, "activity_lines": [ 22.18, 21.921045, 21.443981, 21.245368 ] }, { "date": "2024-08-23", "close": 23.125, "volume": 590, "typical_volume": 1755.1, "trend": 21.120033, "fair_value": 20.859504, "relative_strength": 5.899322, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.83779, "energy": 92.410042, "activity_lines": [ 22.513, 22.195591, 21.639119, 21.379258 ] }, { "date": "2024-08-30", "close": 22.905001, "volume": 6719, "typical_volume": 2063.9, "trend": 21.192367, "fair_value": 20.874769, "relative_strength": 4.24458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.080261, "energy": 88.493317, "activity_lines": [ 22.701667, 22.388091, 21.802043, 21.494417 ] }, { "date": "2024-09-06", "close": 23.0, "volume": 565, "typical_volume": 2078.25, "trend": 21.273283, "fair_value": 20.890511, "relative_strength": 7.057565, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.68578, "energy": 89.818574, "activity_lines": [ 22.851667, 22.556773, 21.961931, 21.611039 ] }, { "date": "2024-09-13", "close": 23.885, "volume": 4797, "typical_volume": 2298.25, "trend": 21.3802, "fair_value": 20.912529, "relative_strength": 9.698333, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.336631, "energy": 96.033375, "activity_lines": [ 23.2475, 22.845773, 22.190286, 21.779537 ] }, { "date": "2024-09-20", "close": 23.719999, "volume": 5658, "typical_volume": 2569.85, "trend": 21.478117, "fair_value": 20.933022, "relative_strength": 9.193696, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.769886, "energy": 91.118678, "activity_lines": [ 23.471666, 23.053636, 22.384107, 21.930491 ] }, { "date": "2024-09-27", "close": 24.0525, "volume": 447, "typical_volume": 2584.25, "trend": 21.577533, "fair_value": 20.955627, "relative_strength": 9.177501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.033322, "energy": 91.698712, "activity_lines": [ 23.7135, 23.294727, 22.593726, 22.096581 ] }, { "date": "2024-10-04", "close": 23.3225, "volume": 890, "typical_volume": 2619.15, "trend": 21.634117, "fair_value": 20.972655, "relative_strength": 6.056399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.718515, "energy": 68.985481, "activity_lines": [ 23.650166, 23.366864, 22.717583, 22.209159 ] }, { "date": "2024-10-11", "close": 23.2425, "volume": 711, "typical_volume": 1330.0, "trend": 21.712867, "fair_value": 20.988868, "relative_strength": 5.725218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.389384, "energy": 64.278308, "activity_lines": [ 23.532333, 23.397682, 22.824048, 22.312926 ] }, { "date": "2024-10-18", "close": 23.682501, "volume": 679, "typical_volume": 1285.3, "trend": 21.797783, "fair_value": 21.007972, "relative_strength": 6.019378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.648947, "energy": 63.330922, "activity_lines": [ 23.545, 23.490682, 22.960119, 22.439999 ] }, { "date": "2024-10-25", "close": 23.4275, "volume": 4367, "typical_volume": 1483.9, "trend": 21.862783, "fair_value": 21.025011, "relative_strength": 5.924533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.304674, "energy": 47.336871, "activity_lines": [ 23.486167, 23.509182, 23.058512, 22.545142 ] }, { "date": "2024-11-01", "close": 22.7325, "volume": 240, "typical_volume": 1472.9, "trend": 21.928533, "fair_value": 21.036951, "relative_strength": 3.526071, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.777206, "energy": 34.335933, "activity_lines": [ 23.215167, 23.381227, 23.078214, 22.601253 ] }, { "date": "2024-11-08", "close": 22.690001, "volume": 2543, "typical_volume": 1557.0, "trend": 22.00595, "fair_value": 21.048431, "relative_strength": 4.428848, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.542055, "energy": 22.579861, "activity_lines": [ 23.018, 23.252682, 23.084726, 22.65038 ] }, { "date": "2024-11-15", "close": 21.922501, "volume": 2049, "typical_volume": 1653.15, "trend": 22.080767, "fair_value": 21.054459, "relative_strength": 0.909477, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.650606, "energy": 22.636279, "activity_lines": [ 22.607167, 22.9885, 23.008405, 22.644996 ] }, { "date": "2024-11-22", "close": 22.315001, "volume": 1269, "typical_volume": 1716.6, "trend": 22.160167, "fair_value": 21.063093, "relative_strength": 0.190611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.14178, "energy": 25.72992, "activity_lines": [ 22.415167, 22.815273, 22.963965, 22.660108 ] }, { "date": "2024-11-29", "close": 22.9125, "volume": 1314, "typical_volume": 1765.9, "trend": 22.244333, "fair_value": 21.075674, "relative_strength": 2.518979, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.75086, "energy": 20.974047, "activity_lines": [ 22.513501, 22.779228, 22.970512, 22.708645 ] }, { "date": "2024-12-06", "close": 22.26, "volume": 5276, "typical_volume": 2019.2, "trend": 22.29825, "fair_value": 21.083676, "relative_strength": -0.633804, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.916407, "energy": 21.06675, "activity_lines": [ 22.428667, 22.639228, 22.911631, 22.709656 ] }, { "date": "2024-12-13", "close": 21.782499, "volume": 1215, "typical_volume": 2056.6, "trend": 22.315333, "fair_value": 21.088366, "relative_strength": -2.517838, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.073588, "energy": 39.430729, "activity_lines": [ 22.216167, 22.445, 22.806322, 22.676382 ] }, { "date": "2024-12-20", "close": 20.965, "volume": 1852, "typical_volume": 2135.1, "trend": 22.3255, "fair_value": 21.087543, "relative_strength": -3.52728, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.939994, "energy": 48.091101, "activity_lines": [ 21.791666, 22.130136, 22.623476, 22.589264 ] }, { "date": "2024-12-27", "close": 20.995001, "volume": 1088, "typical_volume": 2165.4, "trend": 22.329667, "fair_value": 21.086931, "relative_strength": -3.981518, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.340429, "energy": 69.05528, "activity_lines": [ 21.441, 21.862137, 22.449667, 22.503425 ] }, { "date": "2025-01-03", "close": 20.9725, "volume": 1897, "typical_volume": 2208.3, "trend": 22.335333, "fair_value": 21.086178, "relative_strength": -4.798483, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.766393, "energy": 72.547255, "activity_lines": [ 21.170833, 21.638909, 22.279143, 22.415866 ] }, { "date": "2025-01-10", "close": 20.282499, "volume": 2153, "typical_volume": 2286.45, "trend": 22.317667, "fair_value": 21.080925, "relative_strength": -7.973332, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.453403, "energy": 88.966895, "activity_lines": [ 20.8, 21.334864, 22.049333, 22.283425 ] }, { "date": "2025-01-17", "close": 21.307501, "volume": 4662, "typical_volume": 2183.6, "trend": 22.33975, "fair_value": 21.082396, "relative_strength": -6.061463, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.083321, "energy": 73.940331, "activity_lines": [ 20.902667, 21.261727, 21.930679, 22.218253 ] }, { "date": "2025-01-24", "close": 21.467501, "volume": 4381, "typical_volume": 2374.4, "trend": 22.363084, "fair_value": 21.084881, "relative_strength": -5.169305, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.995751, "energy": 48.658819, "activity_lines": [ 21.090334, 21.242818, 21.834869, 22.161979 ] }, { "date": "2025-01-31", "close": 21.352501, "volume": 3217, "typical_volume": 2295.4, "trend": 22.372417, "fair_value": 21.086596, "relative_strength": -7.368642, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.788293, "energy": 40.872186, "activity_lines": [ 21.206167, 21.211273, 21.735405, 22.09678 ] }, { "date": "2025-02-07", "close": 21.190001, "volume": 5631, "typical_volume": 2294.05, "trend": 22.338, "fair_value": 21.064737, "relative_strength": -8.166712, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.658967, "energy": 28.995345, "activity_lines": [ 21.244001, 21.167682, 21.632524, 22.020495 ] }, { "date": "2025-02-14", "close": 21.684999, "volume": 275, "typical_volume": 2285.45, "trend": 22.3255, "fair_value": 21.047782, "relative_strength": -6.231199, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.870809, "energy": 22.812024, "activity_lines": [ 21.432334, 21.245409, 21.588834, 21.978366 ] }, { "date": "2025-02-21", "close": 21.51, "volume": 422, "typical_volume": 2262.05, "trend": 22.314167, "fair_value": 21.030218, "relative_strength": -6.057566, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.129175, "energy": 20.792557, "activity_lines": [ 21.468833, 21.301773, 21.53975, 21.925753 ] }, { "date": "2025-02-28", "close": 21.557501, "volume": 32, "typical_volume": 2228.1, "trend": 22.290667, "fair_value": 21.012638, "relative_strength": -7.257006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.113592, "energy": 18.206577, "activity_lines": [ 21.507667, 21.371728, 21.503822, 21.876936 ] }, { "date": "2025-03-07", "close": 21.155001, "volume": 112, "typical_volume": 2199.75, "trend": 22.258, "fair_value": 20.991773, "relative_strength": -7.367024, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.71896, "energy": 21.059278, "activity_lines": [ 21.406334, 21.357728, 21.437584, 21.803667 ] }, { "date": "2025-03-14", "close": 21.045, "volume": 22, "typical_volume": 1982.5, "trend": 22.215417, "fair_value": 20.964513, "relative_strength": -7.161314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.256351, "energy": 31.657804, "activity_lines": [ 21.2815, 21.320819, 21.372905, 21.725409 ] }, { "date": "2025-03-21", "close": 21.2125, "volume": 2038, "typical_volume": 2072.4, "trend": 22.151667, "fair_value": 20.939545, "relative_strength": -6.434281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.70965, "energy": 32.415676, "activity_lines": [ 21.222167, 21.313046, 21.335524, 21.660705 ] }, { "date": "2025-03-28", "close": 20.93, "volume": 170, "typical_volume": 1953.75, "trend": 22.085834, "fair_value": 20.907253, "relative_strength": -7.617255, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.911032, "energy": 39.509678, "activity_lines": [ 21.100167, 21.237, 21.278476, 21.581887 ] }, { "date": "2025-04-04", "close": 20.025499, "volume": 268, "typical_volume": 1864.7, "trend": 21.986684, "fair_value": 20.868827, "relative_strength": -4.886316, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.888705, "energy": 65.339563, "activity_lines": [ 20.715333, 21.003364, 21.143667, 21.448963 ] }, { "date": "2025-04-11", "close": 19.403999, "volume": 274, "typical_volume": 1814.95, "trend": 21.837317, "fair_value": 20.82834, "relative_strength": -6.711333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.606088, "energy": 77.877164, "activity_lines": [ 20.225466, 20.682945, 20.9587, 21.282338 ] }, { "date": "2025-04-18", "close": 20.535, "volume": 1859, "typical_volume": 1842.2, "trend": 21.73115, "fair_value": 20.794718, "relative_strength": -4.982332, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.853822, "energy": 68.64068, "activity_lines": [ 20.229333, 20.603591, 20.89531, 21.198317 ] }, { "date": "2025-04-25", "close": 20.934999, "volume": 1098, "typical_volume": 1633.3, "trend": 21.627233, "fair_value": 20.768516, "relative_strength": -4.765704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.755158, "energy": 52.589645, "activity_lines": [ 20.400533, 20.608872, 20.881336, 21.146953 ] }, { "date": "2025-05-02", "close": 21.76, "volume": 1117, "typical_volume": 1628.4, "trend": 21.57515, "fair_value": 20.758724, "relative_strength": -3.133115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.160743, "energy": 16.344837, "activity_lines": [ 20.865233, 20.777791, 20.952243, 21.155518 ] }, { "date": "2025-05-09", "close": 21.6175, "volume": 258, "typical_volume": 1548.7, "trend": 21.520983, "fair_value": 20.753901, "relative_strength": -3.355942, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.22902, "energy": 17.550275, "activity_lines": [ 21.2271, 20.916254, 21.009686, 21.158251 ] }, { "date": "2025-05-16", "close": 22.16, "volume": 1160, "typical_volume": 1552.3, "trend": 21.470233, "fair_value": 20.753821, "relative_strength": -2.429683, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 29.408251, "energy": 32.841752, "activity_lines": [ 21.663667, 21.152263, 21.115688, 21.199477 ] }, { "date": "2025-05-23", "close": 21.8825, "volume": 2142, "typical_volume": 1564.55, "trend": 21.418733, "fair_value": 20.745055, "relative_strength": -4.039095, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.999309, "energy": 33.027564, "activity_lines": [ 21.824, 21.319545, 21.189714, 21.226075 ] }, { "date": "2025-05-30", "close": 22.174999, "volume": 1894, "typical_volume": 1551.6, "trend": 21.40015, "fair_value": 20.741321, "relative_strength": -3.363621, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.579109, "energy": 51.180863, "activity_lines": [ 21.992, 21.524781, 21.287264, 21.274867 ] }, { "date": "2025-06-06", "close": 23.290001, "volume": 64, "typical_volume": 1321.7, "trend": 21.42015, "fair_value": 20.750696, "relative_strength": 0.660114, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.582621, "energy": 66.586383, "activity_lines": [ 22.449, 21.915245, 21.481993, 21.396792 ] }, { "date": "2025-06-13", "close": 23.3125, "volume": 135, "typical_volume": 1109.4, "trend": 21.466483, "fair_value": 20.767923, "relative_strength": 0.554174, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 77.419817, "energy": 76.576904, "activity_lines": [ 22.8115, 22.266891, 21.669424, 21.51888 ] }, { "date": "2025-06-20", "close": 23.355, "volume": 512, "typical_volume": 974.15, "trend": 21.50115, "fair_value": 20.778083, "relative_strength": 1.493009, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.831578, "energy": 78.943974, "activity_lines": [ 23.075167, 22.5665, 21.852117, 21.640719 ] }, { "date": "2025-06-27", "close": 24.045, "volume": 313, "typical_volume": 708.25, "trend": 21.5389, "fair_value": 20.795295, "relative_strength": 4.059929, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.287161, "energy": 84.031919, "activity_lines": [ 23.489167, 22.919727, 22.090988, 21.804839 ] }, { "date": "2025-07-04", "close": 24.772499, "volume": 50, "typical_volume": 697.0, "trend": 21.62265, "fair_value": 20.81568, "relative_strength": 6.729794, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.109168, "energy": 89.283655, "activity_lines": [ 24.0015, 23.341409, 22.38555, 22.013458 ] }, { "date": "2025-07-11", "close": 24.084999, "volume": 38484, "typical_volume": 2600.1, "trend": 21.6994, "fair_value": 20.832843, "relative_strength": 2.395199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.751289, "energy": 82.187443, "activity_lines": [ 24.111499, 23.568318, 22.599933, 22.172319 ] }, { "date": "2025-07-18", "close": 24.7575, "volume": 3126, "typical_volume": 2754.8, "trend": 21.825817, "fair_value": 20.849702, "relative_strength": 4.6203, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.181092, "energy": 85.607899, "activity_lines": [ 24.392666, 23.875227, 22.866102, 22.369616 ] }, { "date": "2025-07-25", "close": 24.872499, "volume": 1314, "typical_volume": 2814.9, "trend": 21.955067, "fair_value": 20.86217, "relative_strength": 3.560656, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.389934, "energy": 82.694802, "activity_lines": [ 24.615833, 24.145954, 23.127985, 22.566176 ] }, { "date": "2025-08-01", "close": 23.780001, "volume": 1113, "typical_volume": 2869.45, "trend": 22.04865, "fair_value": 20.87076, "relative_strength": -0.350091, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.826337, "energy": 54.743853, "activity_lines": [ 24.373667, 24.168727, 23.268119, 22.683914 ] }, { "date": "2025-08-08", "close": 24.1625, "volume": 753, "typical_volume": 2805.2, "trend": 22.177983, "fair_value": 20.877202, "relative_strength": 0.99054, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.634176, "energy": 48.387834, "activity_lines": [ 24.276667, 24.226545, 23.431657, 22.820291 ] }, { "date": "2025-08-15", "close": 24.795, "volume": 631, "typical_volume": 2828.25, "trend": 22.294233, "fair_value": 20.890808, "relative_strength": 3.12365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.049357, "energy": 49.009236, "activity_lines": [ 24.431167, 24.363227, 23.641386, 22.989131 ] }, { "date": "2025-08-22", "close": 25.5975, "volume": 1520, "typical_volume": 2890.85, "trend": 22.4319, "fair_value": 20.913724, "relative_strength": 4.400385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.483262, "energy": 55.041465, "activity_lines": [ 24.805833, 24.618454, 23.909138, 23.202245 ] }, { "date": "2025-08-29", "close": 25.817499, "volume": 786, "typical_volume": 2916.45, "trend": 22.580733, "fair_value": 20.942058, "relative_strength": 6.775501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.76811, "energy": 61.244193, "activity_lines": [ 25.197833, 24.872136, 24.171309, 23.420671 ] }, { "date": "2025-09-05", "close": 25.395, "volume": 1145, "typical_volume": 2880.75, "trend": 22.7209, "fair_value": 20.965696, "relative_strength": 4.830617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.078981, "energy": 71.931043, "activity_lines": [ 25.386, 25.004227, 24.362702, 23.602236 ] }, { "date": "2025-09-12", "close": 27.24, "volume": 1005, "typical_volume": 2876.1, "trend": 22.906067, "fair_value": 21.009542, "relative_strength": 11.498617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.699467, "energy": 88.511229, "activity_lines": [ 26.0815, 25.447227, 24.706666, 23.893791 ] }, { "date": "2025-09-19", "close": 27.955, "volume": 2447, "typical_volume": 2942.6, "trend": 23.1209, "fair_value": 21.066388, "relative_strength": 15.125102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.795387, "energy": 54.37098, "activity_lines": [ 26.810167, 25.975364, 25.088702, 24.219529 ] }, { "date": "2025-09-26", "close": 27.827499, "volume": 1439, "typical_volume": 3001.65, "trend": 23.3299, "fair_value": 21.127, "relative_strength": 13.671159, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.284719, "energy": 54.035528, "activity_lines": [ 27.285666, 26.409954, 25.429095, 24.52318 ] }, { "date": "2025-10-03", "close": 29.4575, "volume": 2069, "typical_volume": 3047.1, "trend": 23.60665, "fair_value": 21.200587, "relative_strength": 17.465507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.354052, "energy": 60.95967, "activity_lines": [ 28.155833, 27.085091, 25.895155, 24.918509 ] }, { "date": "2025-10-10", "close": 29.6975, "volume": 13819, "typical_volume": 3630.95, "trend": 23.895066, "fair_value": 21.279199, "relative_strength": 18.934751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.52607, "energy": 61.400263, "activity_lines": [ 28.863333, 27.7205, 26.349321, 25.311468 ] }, { "date": "2025-10-17", "close": 29.870001, "volume": 4145, "typical_volume": 3743.5, "trend": 24.18365, "fair_value": 21.359564, "relative_strength": 20.243823, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.013316, "energy": 73.637566, "activity_lines": [ 29.3415, 28.279682, 26.782702, 25.696947 ] }, { "date": "2025-10-24", "close": 30.4723, "volume": 2195, "typical_volume": 3850.05, "trend": 24.501726, "fair_value": 21.436637, "relative_strength": 18.693343, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.188764, "energy": 72.89581, "activity_lines": [ 29.8451, 28.8446, 27.236802, 26.102667 ] }, { "date": "2025-10-31", "close": 29.6175, "volume": 7854, "typical_volume": 4236.0, "trend": 24.82146, "fair_value": 21.508704, "relative_strength": 14.29132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.987201, "energy": 55.223986, "activity_lines": [ 29.895947, 29.150876, 27.575291, 26.432716 ] }, { "date": "2025-11-07", "close": 28.6, "volume": 1429, "typical_volume": 4281.85, "trend": 25.127993, "fair_value": 21.564153, "relative_strength": 10.646348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.762788, "energy": 45.888496, "activity_lines": [ 29.488293, 29.199062, 27.786852, 26.676493 ] }, { "date": "2025-11-14", "close": 27.5425, "volume": 26481, "typical_volume": 5590.25, "trend": 25.361577, "fair_value": 21.615758, "relative_strength": 6.288738, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.83251, "energy": 30.31204, "activity_lines": [ 28.785307, 29.004384, 27.872722, 26.832268 ] }, { "date": "2025-11-21", "close": 26.317499, "volume": 10710, "typical_volume": 6123.25, "trend": 25.540993, "fair_value": 21.656883, "relative_strength": 3.20794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.089395, "energy": 18.037983, "activity_lines": [ 27.817653, 28.547933, 27.82527, 26.89394 ] }, { "date": "2025-11-28", "close": 27.887501, "volume": 1155, "typical_volume": 4256.8, "trend": 25.745243, "fair_value": 21.707848, "relative_strength": 7.250388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.674582, "energy": 20.193681, "activity_lines": [ 27.610167, 28.393709, 27.919986, 27.045328 ] }, { "date": "2025-12-05", "close": 27.934999, "volume": 1046, "typical_volume": 4152.8, "trend": 25.955827, "fair_value": 21.76029, "relative_strength": 7.864332, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.005604, "energy": 18.461552, "activity_lines": [ 27.590833, 28.249349, 28.001118, 27.186602 ] }, { "date": "2025-12-12", "close": 27.825001, "volume": 411, "typical_volume": 4107.65, "trend": 26.14466, "fair_value": 21.815194, "relative_strength": 7.439959, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.976217, "energy": 15.620496, "activity_lines": [ 27.647, 28.083035, 28.056642, 27.307194 ] }, { "date": "2025-12-19", "close": 27.17, "volume": 1132, "typical_volume": 4108.6, "trend": 26.32091, "fair_value": 21.866733, "relative_strength": 2.166578, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.270348, "energy": 9.105921, "activity_lines": [ 27.5365, 27.827311, 28.035727, 27.373345 ] }, { "date": "2025-12-26", "close": 27.795, "volume": 307, "typical_volume": 4086.3, "trend": 26.508243, "fair_value": 21.92147, "relative_strength": 4.619929, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.421922, "energy": 8.633133, "activity_lines": [ 27.659167, 27.731178, 28.058192, 27.468448 ] }, { "date": "2026-01-02", "close": 27.775, "volume": 721, "typical_volume": 4090.8, "trend": 26.657743, "fair_value": 21.974925, "relative_strength": 3.521738, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.843435, "energy": 11.812211, "activity_lines": [ 27.676667, 27.669136, 28.061455, 27.550174 ] }, { "date": "2026-01-09", "close": 28.940001, "volume": 2065, "typical_volume": 4118.05, "trend": 26.845327, "fair_value": 22.029092, "relative_strength": 5.714278, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.576764, "energy": 21.511399, "activity_lines": [ 28.09, 27.867955, 28.16148, 27.697417 ] }, { "date": "2026-01-16", "close": 30.2775, "volume": 1502, "typical_volume": 4153.85, "trend": 27.076077, "fair_value": 22.092056, "relative_strength": 9.052515, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.933031, "energy": 50.243104, "activity_lines": [ 28.882167, 28.322273, 28.372969, 27.918847 ] }, { "date": "2026-01-23", "close": 29.747499, "volume": 1174, "typical_volume": 4155.3, "trend": 27.26616, "fair_value": 22.147104, "relative_strength": 7.802616, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.613389, "energy": 62.111014, "activity_lines": [ 29.334167, 28.649727, 28.512743, 28.091197 ] }, { "date": "2026-01-30", "close": 29.76, "volume": 928, "typical_volume": 4151.45, "trend": 27.43241, "fair_value": 22.198819, "relative_strength": 6.66419, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.157594, "energy": 67.204244, "activity_lines": [ 29.6185, 28.939364, 28.632982, 28.25209 ] }, { "date": "2026-02-06", "close": 29.075001, "volume": 1097, "typical_volume": 4083.95, "trend": 27.598743, "fair_value": 22.251175, "relative_strength": 2.472883, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.961399, "energy": 60.696721, "activity_lines": [ 29.5435, 29.041864, 28.675983, 28.358063 ] }, { "date": "2026-02-13", "close": 30.637501, "volume": 923, "typical_volume": 4058.15, "trend": 27.794743, "fair_value": 22.314685, "relative_strength": 6.850397, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.44151, "energy": 63.76998, "activity_lines": [ 29.902667, 29.406864, 28.862461, 28.554112 ] }, { "date": "2026-02-20", "close": 30.2225, "volume": 737, "typical_volume": 3991.55, "trend": 27.973077, "fair_value": 22.379669, "relative_strength": 2.783326, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.433363, "energy": 52.18145, "activity_lines": [ 30.010334, 29.647273, 28.996033, 28.710742 ] }, { "date": "2026-02-27", "close": 30.4475, "volume": 818, "typical_volume": 3341.5, "trend": 28.195327, "fair_value": 22.445262, "relative_strength": 1.182471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.619766, "energy": 50.365879, "activity_lines": [ 30.196667, 29.885, 29.147391, 28.870382 ] }, { "date": "2026-03-06", "close": 29.4275, "volume": 1094, "typical_volume": 3188.95, "trend": 28.370827, "fair_value": 22.50831, "relative_strength": 3.437416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.576364, "energy": 40.597342, "activity_lines": [ 29.996334, 29.877682, 29.198035, 28.949877 ] }, { "date": "2026-03-13", "close": 29.02, "volume": 1449, "typical_volume": 3151.65, "trend": 28.51166, "fair_value": 22.570374, "relative_strength": 1.963066, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.261801, "energy": 25.014798, "activity_lines": [ 29.682333, 29.766591, 29.211976, 28.991759 ] }, { "date": "2026-03-20", "close": 28.395, "volume": 844, "typical_volume": 2801.15, "trend": 28.60491, "fair_value": 22.631162, "relative_strength": 2.923956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.453189, "energy": 14.010552, "activity_lines": [ 29.163667, 29.519227, 29.17331, 28.984233 ] }, { "date": "2026-03-27", "close": 27.52, "volume": 568, "typical_volume": 2758.1, "trend": 28.66166, "fair_value": 22.680662, "relative_strength": -0.974466, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.113821, "energy": 21.956798, "activity_lines": [ 28.502833, 29.122682, 29.057131, 28.914239 ] }, { "date": "2026-04-03", "close": 28.68, "volume": 515, "typical_volume": 1459.8, "trend": 28.77116, "fair_value": 22.738444, "relative_strength": -1.61494, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.959213, "energy": 20.476086, "activity_lines": [ 28.408833, 28.987182, 29.056572, 28.915422 ] }, { "date": "2026-04-10", "close": 30.782499, "volume": 1011, "typical_volume": 974.85, "trend": 28.889243, "fair_value": 22.809435, "relative_strength": 3.628346, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.165845, "energy": 21.496866, "activity_lines": [ 29.1335, 29.253364, 29.250833, 29.045186 ] }, { "date": "2026-04-17", "close": 32.255001, "volume": 1607, "typical_volume": 997.45, "trend": 29.032577, "fair_value": 22.888858, "relative_strength": 7.502399, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.334259, "energy": 49.228532, "activity_lines": [ 30.258667, 29.768682, 29.564072, 29.262331 ] }, { "date": "2026-04-24", "close": 31.682501, "volume": 2613, "typical_volume": 1075.8, "trend": 29.161077, "fair_value": 22.962768, "relative_strength": 8.111949, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.795168, "energy": 66.547392, "activity_lines": [ 30.977334, 30.122091, 29.801988, 29.433294 ] }, { "date": "2026-05-01", "close": 31.805, "volume": 715, "typical_volume": 1091.0, "trend": 29.239327, "fair_value": 23.037928, "relative_strength": 8.29265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.948358, "energy": 73.016392, "activity_lines": [ 31.517667, 30.478773, 30.033726, 29.60387 ] }, { "date": "2026-05-08", "close": 32.470001, "volume": 1476, "typical_volume": 1108.2, "trend": 29.331744, "fair_value": 23.120108, "relative_strength": 11.481273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.478624, "energy": 78.190371, "activity_lines": [ 31.994001, 30.927591, 30.309845, 29.8123 ] }, { "date": "2026-05-15", "close": 32.092499, "volume": 1379, "typical_volume": 1161.8, "trend": 29.405827, "fair_value": 23.20163, "relative_strength": 10.148968, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.156894, "energy": 69.823094, "activity_lines": [ 32.091833, 31.271, 30.524774, 29.990414 ] }, { "date": "2026-05-22", "close": 33.5, "volume": 8025, "typical_volume": 1527.0, "trend": 29.50675, "fair_value": 23.294733, "relative_strength": 11.48562, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.826068, "energy": 69.631399, "activity_lines": [ 32.5715, 31.821864, 30.853286, 30.254554 ] }, { "date": "2026-05-29", "close": 33.84, "volume": 6308, "typical_volume": 1739.15, "trend": 29.6475, "fair_value": 23.385489, "relative_strength": 12.687966, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.518159, "energy": 67.956532, "activity_lines": [ 33.0815, 32.353091, 31.186917, 30.534118 ] }, { "date": "2026-06-05", "close": 33.220001, "volume": 572, "typical_volume": 1692.65, "trend": 29.8015, "fair_value": 23.472694, "relative_strength": 10.643414, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.485961, "energy": 53.699488, "activity_lines": [ 33.241, 32.672591, 31.438167, 30.764602 ] }, { "date": "2026-06-12", "close": 33.634998, "volume": 455, "typical_volume": 1656.7, "trend": 30.004583, "fair_value": 23.559794, "relative_strength": 10.493194, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.786176, "energy": 61.604876, "activity_lines": [ 33.4445, 32.963909, 31.714929, 31.011925 ] }, { "date": "2026-06-19", "close": 33.025002, "volume": 273, "typical_volume": 1623.95, "trend": 30.228167, "fair_value": 23.649242, "relative_strength": 9.24463, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.113741, "energy": 49.095805, "activity_lines": [ 33.367, 33.054227, 31.915084, 31.20679 ] }, { "date": "2026-06-26", "close": 32.317501, "volume": 556, "typical_volume": 1596.9, "trend": 30.375833, "fair_value": 23.730098, "relative_strength": 5.194417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.627841, "energy": 38.344402, "activity_lines": [ 32.991501, 32.975137, 32.03231, 31.341586 ] }, { "date": "2026-07-03", "close": 31.6, "volume": 227, "typical_volume": 1562.1, "trend": 30.498, "fair_value": 23.805085, "relative_strength": 1.111232, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.749913, "energy": 24.483991, "activity_lines": [ 32.455667, 32.764455, 32.065762, 31.420565 ] }, { "date": "2026-07-10", "close": 31.387501, "volume": 3846, "typical_volume": 1717.55, "trend": 30.61675, "fair_value": 23.873723, "relative_strength": 1.971133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.507666, "energy": 21.643311, "activity_lines": [ 31.998334, 32.516637, 32.074393, 31.477952 ] }, { "date": "2026-07-17", "close": 30.639999, "volume": 2144, "typical_volume": 1783.85, "trend": 30.732417, "fair_value": 23.937858, "relative_strength": -1.514122, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.253089, "energy": 19.200762, "activity_lines": [ 31.414, 32.1405, 32.006286, 31.479452 ] }, { "date": "2026-07-24", "close": 31.635, "volume": 4359, "typical_volume": 1947.1, "trend": 30.860417, "fair_value": 24.008178, "relative_strength": 0.253786, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.436903, "energy": 18.389373, "activity_lines": [ 31.361, 31.978546, 32.032024, 31.537683 ] }, { "date": "2026-07-31", "close": 31.105, "volume": 1206, "typical_volume": 1934.95, "trend": 30.971417, "fair_value": 24.077938, "relative_strength": -2.774715, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.491125, "energy": 16.274748, "activity_lines": [ 31.224, 31.728546, 31.996774, 31.553463 ] }, { "date": "2026-08-07", "close": 31.4725, "volume": 1196, "typical_volume": 1952.55, "trend": 31.055833, "fair_value": 24.152255, "relative_strength": -2.071354, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.861948, "energy": 14.481128, "activity_lines": [ 31.290333, 31.588909, 31.986595, 31.58579 ] } ], "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." } } }