{ "ticker": { "uuid": "2c53775a-4713-4b13-b4b0-e47abb309b4f", "symbol": "FRO", "name": "Frontline Ltd", "exchange": "NYSE", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.467, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 60.895, "architecture_energy": 40.32, "architecture_maturity": 29.461, "architecture_confidence": 90.394, "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": 21.51, "rotation_up": 54.81, "upward_expansion": 77.84, "deceleration": 57.67, "rotation_down": 19.66, "downward_expansion": 4.51 }, "activity_lines": [ 39.010667, 38.379054, 37.306647, 36.097296 ], "activity_state": "Moderate", "activity_direction": "Stable", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 39.74, "trend_reference": 33.959134, "distance_from_trend": 0.17023, "trend_direction": "Improving", "fair_value": 20.993117, "distance_from_fair_value": 0.893001, "fair_value_direction": "Weakening", "relative_strength": 25.289788, "relative_strength_direction": "Weakening", "price_momentum": 0.453852, "excess_performance": 0.328227, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.17023, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.189602, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.893001, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.122528, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.252898, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.203221, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.453852, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.888154, "read": "Demand-led" } ], "volume": { "latest": 9939635, "relative_activity": 0.703421, "balance": 1.888154, "dry_up": 0.668852, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.088719, "annualized_volatility": 0.514714, "from_high_reference": -0.077958, "from_low_reference": 1.3944 }, "levels": { "trend_reference": 33.959134, "fair_value_reference": 20.993117, "structural_low": 26.692117, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 37, "median_return": 0.018182, "positive_rate": 0.621622, "directional_follow_through": 0.621622, "median_excess_return": -0.001412, "regime_survival": 0.72973, "best_return": 0.327852, "worst_return": -0.233179, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.061802, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": 0.033024, "regime_survival": 0.714286, "best_return": 0.490472, "worst_return": -0.153846, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.274694, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": 0.20888, "regime_survival": 0.428571, "best_return": 0.567553, "worst_return": -0.138249, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.64222, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.472813, "regime_survival": 0.5, "best_return": 1.131709, "worst_return": -0.039171, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-08-23", "tenure": "Developing", "return": -0.014778, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-30", "end": "2024-09-20", "tenure": "New", "return": -0.052748, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": 0.073587, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": -0.200742, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-08", "end": "2025-02-14", "tenure": "Established", "return": -0.047764, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-28", "tenure": "Developing", "return": -0.08319, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.290725, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-16", "tenure": "New", "return": 0.069469, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": -0.003272, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-06", "end": "2025-12-12", "tenure": "Extended", "return": 0.340702, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-23", "tenure": "Developing", "return": 0.199816, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-06-05", "tenure": "Established", "return": 0.271773, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-06-19", "tenure": "New", "return": 0.047607, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.118806, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 13.732791, "volume": 9459933, "typical_volume": 13590621.45, "trend": 11.511664, "fair_value": 6.977347, "relative_strength": 23.650763, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.697593, "energy": 84.314654, "activity_lines": [ 13.134436, 12.479934, 11.854319, 11.710636 ] }, { "date": "2023-08-25", "close": 13.968384, "volume": 12841019, "typical_volume": 13498495.5, "trend": 11.66051, "fair_value": 7.035219, "relative_strength": 23.690566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.24108, "energy": 85.67041, "activity_lines": [ 13.547357, 12.829938, 12.088215, 11.869134 ] }, { "date": "2023-09-01", "close": 13.284404, "volume": 10210986, "typical_volume": 13523803.3, "trend": 11.772014, "fair_value": 7.089556, "relative_strength": 13.971975, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.156097, "energy": 79.530857, "activity_lines": [ 13.55141, 13.012194, 12.242061, 11.973901 ] }, { "date": "2023-09-08", "close": 13.071611, "volume": 12021365, "typical_volume": 13610427.0, "trend": 11.839612, "fair_value": 7.140994, "relative_strength": 12.917083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.391362, "energy": 67.14961, "activity_lines": [ 13.413601, 13.112511, 12.367833, 12.057746 ] }, { "date": "2023-09-15", "close": 13.03932, "volume": 14044881, "typical_volume": 13752757.15, "trend": 11.884092, "fair_value": 7.193564, "relative_strength": 12.248859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.65044, "energy": 47.930298, "activity_lines": [ 13.267054, 13.170064, 12.481622, 12.135147 ] }, { "date": "2023-09-22", "close": 14.364, "volume": 15014652, "typical_volume": 13922889.05, "trend": 11.952959, "fair_value": 7.257865, "relative_strength": 26.39127, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.278507, "energy": 52.954011, "activity_lines": [ 13.581954, 13.443353, 12.713025, 12.295141 ] }, { "date": "2023-09-29", "close": 14.98644, "volume": 14608857, "typical_volume": 13987268.9, "trend": 12.021213, "fair_value": 7.325768, "relative_strength": 31.447736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.461818, "energy": 64.26242, "activity_lines": [ 14.062252, 13.779509, 12.987574, 12.490849 ] }, { "date": "2023-10-06", "close": 14.57946, "volume": 23522120, "typical_volume": 14576878.2, "trend": 12.099761, "fair_value": 7.390025, "relative_strength": 26.069097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.733533, "energy": 70.391982, "activity_lines": [ 14.339021, 13.973829, 13.203261, 12.655897 ] }, { "date": "2023-10-13", "close": 16.44678, "volume": 19117106, "typical_volume": 14849949.2, "trend": 12.262745, "fair_value": 7.46664, "relative_strength": 40.065963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.501036, "energy": 90.824664, "activity_lines": [ 15.151892, 14.464771, 13.57852, 12.93635 ] }, { "date": "2023-10-20", "close": 16.81386, "volume": 14047712, "typical_volume": 14438015.3, "trend": 12.42803, "fair_value": 7.547683, "relative_strength": 44.965669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.098725, "energy": 93.031993, "activity_lines": [ 15.862112, 14.96164, 13.962825, 13.229971 ] }, { "date": "2023-10-27", "close": 17.77146, "volume": 13242362, "typical_volume": 13988198.35, "trend": 12.619178, "fair_value": 7.638233, "relative_strength": 54.864011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.754133, "energy": 94.778192, "activity_lines": [ 16.639896, 15.569414, 14.409387, 13.574708 ] }, { "date": "2023-11-03", "close": 18.09066, "volume": 12805720, "typical_volume": 13477844.85, "trend": 12.860944, "fair_value": 7.729879, "relative_strength": 47.269552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.470908, "energy": 94.186256, "activity_lines": [ 17.296916, 16.161793, 14.852501, 13.927707 ] }, { "date": "2023-11-10", "close": 17.1171, "volume": 14660546, "typical_volume": 12847043.4, "trend": 13.043364, "fair_value": 7.81239, "relative_strength": 36.031391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.996127, "energy": 85.884178, "activity_lines": [ 17.422468, 16.502211, 15.171901, 14.202298 ] }, { "date": "2023-11-17", "close": 17.41236, "volume": 10412205, "typical_volume": 12534308.85, "trend": 13.250405, "fair_value": 7.894029, "relative_strength": 34.023778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.250197, "energy": 71.500401, "activity_lines": [ 17.477264, 16.826628, 15.489843, 14.484168 ] }, { "date": "2023-11-24", "close": 17.9949, "volume": 7937765, "typical_volume": 12433695.6, "trend": 13.475411, "fair_value": 7.980827, "relative_strength": 35.701566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.691102, "energy": 67.586975, "activity_lines": [ 17.661868, 17.178038, 15.832932, 14.790265 ] }, { "date": "2023-12-01", "close": 16.04778, "volume": 18697931, "typical_volume": 12878866.7, "trend": 13.644477, "fair_value": 8.055058, "relative_strength": 19.196941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.317872, "energy": 51.385793, "activity_lines": [ 17.118696, 17.085325, 15.960406, 14.956224 ] }, { "date": "2023-12-08", "close": 15.43332, "volume": 13500494, "typical_volume": 13179402.1, "trend": 13.800088, "fair_value": 8.124875, "relative_strength": 13.544144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.304108, "energy": 34.522797, "activity_lines": [ 16.485616, 16.850278, 16.008167, 15.071633 ] }, { "date": "2023-12-15", "close": 16.286833, "volume": 20177332, "typical_volume": 13736823.3, "trend": 13.984876, "fair_value": 8.201373, "relative_strength": 16.243263, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.157251, "energy": 24.049572, "activity_lines": [ 16.314196, 16.76229, 16.117319, 15.232068 ] }, { "date": "2023-12-22", "close": 17.40559, "volume": 14855999, "typical_volume": 13950611.0, "trend": 14.198234, "fair_value": 8.285171, "relative_strength": 21.981547, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.038662, "energy": 27.641891, "activity_lines": [ 16.571047, 16.846669, 16.313656, 15.45276 ] }, { "date": "2023-12-29", "close": 16.254405, "volume": 8582153, "typical_volume": 13988056.9, "trend": 14.382184, "fair_value": 8.362498, "relative_strength": 12.636934, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.759918, "energy": 20.118673, "activity_lines": [ 16.44462, 16.704308, 16.379863, 15.585416 ] }, { "date": "2024-01-05", "close": 18.029824, "volume": 13224561, "typical_volume": 14176288.3, "trend": 14.627737, "fair_value": 8.449564, "relative_strength": 25.428942, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.342228, "energy": 40.939795, "activity_lines": [ 17.026033, 16.894924, 16.601268, 15.820747 ] }, { "date": "2024-01-12", "close": 17.948755, "volume": 14223097, "typical_volume": 14245392.2, "trend": 14.83996, "fair_value": 8.537449, "relative_strength": 21.571143, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.72551, "energy": 46.000761, "activity_lines": [ 17.448287, 17.066101, 16.79449, 16.035007 ] }, { "date": "2024-01-19", "close": 18.029824, "volume": 9232085, "typical_volume": 14196447.15, "trend": 15.077432, "fair_value": 8.626329, "relative_strength": 19.713965, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.910596, "energy": 46.91409, "activity_lines": [ 17.729867, 17.254599, 16.976479, 16.240804 ] }, { "date": "2024-01-26", "close": 18.435171, "volume": 11727584, "typical_volume": 14181758.1, "trend": 15.323855, "fair_value": 8.719017, "relative_strength": 20.115938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.847222, "energy": 62.71518, "activity_lines": [ 18.030365, 17.500201, 17.174474, 16.457433 ] }, { "date": "2024-02-02", "close": 17.373162, "volume": 15388975, "typical_volume": 14248962.8, "trend": 15.514359, "fair_value": 8.802349, "relative_strength": 10.884607, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.524333, "energy": 43.866846, "activity_lines": [ 17.90822, 17.534114, 17.245786, 16.589646 ] }, { "date": "2024-02-09", "close": 18.054145, "volume": 10412177, "typical_volume": 14018839.05, "trend": 15.729588, "fair_value": 8.887281, "relative_strength": 13.070044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.858007, "energy": 39.957064, "activity_lines": [ 17.938486, 17.703147, 17.361315, 16.753503 ] }, { "date": "2024-02-16", "close": 19.578249, "volume": 12540388, "typical_volume": 13915415.6, "trend": 16.007021, "fair_value": 8.980903, "relative_strength": 22.290845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.315631, "energy": 48.907062, "activity_lines": [ 18.475165, 18.11281, 17.604426, 17.001804 ] }, { "date": "2024-02-23", "close": 18.556775, "volume": 8658222, "typical_volume": 13172220.7, "trend": 16.218233, "fair_value": 9.070613, "relative_strength": 13.663287, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.548288, "energy": 39.834973, "activity_lines": [ 18.56272, 18.261388, 17.728387, 17.166304 ] }, { "date": "2024-03-01", "close": 18.30546, "volume": 10321441, "typical_volume": 12732437.45, "trend": 16.391681, "fair_value": 9.157372, "relative_strength": 10.819201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.86375, "energy": 40.785794, "activity_lines": [ 18.531373, 18.323, 17.809474, 17.300964 ] }, { "date": "2024-03-08", "close": 18.80809, "volume": 9794194, "typical_volume": 12519761.55, "trend": 16.57403, "fair_value": 9.244718, "relative_strength": 13.801183, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.275372, "energy": 43.562965, "activity_lines": [ 18.676217, 18.459639, 17.929579, 17.456861 ] }, { "date": "2024-03-15", "close": 19.468854, "volume": 10575952, "typical_volume": 12386441.05, "trend": 16.765233, "fair_value": 9.335825, "relative_strength": 17.301795, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.937568, "energy": 42.956478, "activity_lines": [ 18.945654, 18.669986, 18.103118, 17.643624 ] }, { "date": "2024-03-22", "close": 18.966698, "volume": 10762351, "typical_volume": 12284272.6, "trend": 16.931843, "fair_value": 9.42246, "relative_strength": 11.386584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.061073, "energy": 37.768802, "activity_lines": [ 18.953391, 18.762868, 18.22075, 17.785654 ] }, { "date": "2024-03-29", "close": 19.246588, "volume": 5617161, "typical_volume": 11832103.35, "trend": 17.130582, "fair_value": 9.514086, "relative_strength": 12.168515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.541403, "energy": 40.875502, "activity_lines": [ 19.095196, 18.888131, 18.360867, 17.934993 ] }, { "date": "2024-04-05", "close": 19.69112, "volume": 7923117, "typical_volume": 11707648.95, "trend": 17.351233, "fair_value": 9.608475, "relative_strength": 15.037045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.329669, "energy": 50.966599, "activity_lines": [ 19.33919, 19.072094, 18.533179, 18.100188 ] }, { "date": "2024-04-12", "close": 19.822833, "volume": 8269873, "typical_volume": 11724254.35, "trend": 17.57735, "fair_value": 9.705134, "relative_strength": 16.833449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.170764, "energy": 47.610104, "activity_lines": [ 19.534711, 19.257171, 18.707185, 18.259647 ] }, { "date": "2024-04-19", "close": 19.01609, "volume": 8470295, "typical_volume": 11212872.55, "trend": 17.73242, "fair_value": 9.795066, "relative_strength": 14.909164, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.068405, "energy": 38.516724, "activity_lines": [ 19.393668, 19.251027, 18.795653, 18.352468 ] }, { "date": "2024-04-26", "close": 19.592335, "volume": 8548269, "typical_volume": 10965261.3, "trend": 17.885949, "fair_value": 9.887655, "relative_strength": 14.606577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.93341, "energy": 38.650506, "activity_lines": [ 19.474891, 19.332165, 18.924867, 18.472463 ] }, { "date": "2024-05-03", "close": 20.36615, "volume": 6304950, "typical_volume": 10271642.2, "trend": 18.078839, "fair_value": 9.983823, "relative_strength": 17.563595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.937024, "energy": 43.853442, "activity_lines": [ 19.772343, 19.55374, 19.107972, 18.632476 ] }, { "date": "2024-05-10", "close": 21.559801, "volume": 7788694, "typical_volume": 9918276.95, "trend": 18.249273, "fair_value": 10.087944, "relative_strength": 21.150268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.145152, "energy": 59.123344, "activity_lines": [ 20.393042, 19.959446, 19.385334, 18.857054 ] }, { "date": "2024-05-17", "close": 22.621738, "volume": 5930707, "typical_volume": 9785704.65, "trend": 18.442869, "fair_value": 10.19451, "relative_strength": 23.886637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.499793, "energy": 84.750802, "activity_lines": [ 21.24314, 20.499061, 19.74405, 19.139149 ] }, { "date": "2024-05-24", "close": 23.50257, "volume": 6856963, "typical_volume": 9467324.75, "trend": 18.633906, "fair_value": 10.308364, "relative_strength": 27.447318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.905177, "energy": 93.268697, "activity_lines": [ 22.200256, 21.129488, 20.156335, 19.465581 ] }, { "date": "2024-05-31", "close": 23.313233, "volume": 8333700, "typical_volume": 9172854.9, "trend": 18.807992, "fair_value": 10.421609, "relative_strength": 25.616248, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.41806, "energy": 91.065946, "activity_lines": [ 22.795161, 21.65215, 20.524526, 19.767473 ] }, { "date": "2024-06-07", "close": 21.609193, "volume": 7001696, "typical_volume": 9061335.45, "trend": 18.957728, "fair_value": 10.521814, "relative_strength": 14.03333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.662065, "energy": 81.690484, "activity_lines": [ 22.573992, 21.785958, 20.704883, 19.948196 ] }, { "date": "2024-06-14", "close": 20.300294, "volume": 6188110, "typical_volume": 8784361.75, "trend": 19.053993, "fair_value": 10.616609, "relative_strength": 4.784221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.369055, "energy": 49.898294, "activity_lines": [ 21.833655, 21.638829, 20.743539, 20.034813 ] }, { "date": "2024-06-21", "close": 21.693617, "volume": 6445792, "typical_volume": 8337202.6, "trend": 19.177283, "fair_value": 10.717484, "relative_strength": 10.412275, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.738385, "energy": 33.594127, "activity_lines": [ 21.641725, 21.733955, 20.90601, 20.205111 ] }, { "date": "2024-06-28", "close": 21.752727, "volume": 5384725, "typical_volume": 8085830.0, "trend": 19.367448, "fair_value": 10.81835, "relative_strength": 9.910492, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.585703, "energy": 22.935798, "activity_lines": [ 21.531374, 21.805814, 21.053537, 20.371269 ] }, { "date": "2024-07-05", "close": 20.570514, "volume": 5112415, "typical_volume": 7714431.35, "trend": 19.538688, "fair_value": 10.912717, "relative_strength": 1.440983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.56091, "energy": 22.747615, "activity_lines": [ 21.143607, 21.612968, 21.07086, 20.448886 ] }, { "date": "2024-07-12", "close": 19.878075, "volume": 7259518, "typical_volume": 7644496.15, "trend": 19.658396, "fair_value": 11.005886, "relative_strength": -3.383906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.911172, "energy": 15.190867, "activity_lines": [ 20.707876, 21.276439, 21.017512, 20.470782 ] }, { "date": "2024-07-19", "close": 20.232739, "volume": 5840260, "typical_volume": 7420437.1, "trend": 19.752634, "fair_value": 11.100896, "relative_strength": -0.295736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.707696, "energy": 16.868777, "activity_lines": [ 20.505774, 21.013269, 20.991649, 20.507836 ] }, { "date": "2024-07-26", "close": 19.920297, "volume": 7070231, "typical_volume": 7284238.95, "trend": 19.874831, "fair_value": 11.194205, "relative_strength": -1.500178, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.03495, "energy": 16.617098, "activity_lines": [ 20.204028, 20.717419, 20.926852, 20.518653 ] }, { "date": "2024-08-02", "close": 19.675409, "volume": 6389580, "typical_volume": 7074920.35, "trend": 19.929684, "fair_value": 11.287586, "relative_strength": -0.972658, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.638174, "energy": 19.332586, "activity_lines": [ 19.938874, 20.426162, 20.833437, 20.505787 ] }, { "date": "2024-08-09", "close": 19.472744, "volume": 7582262, "typical_volume": 6915915.9, "trend": 19.980483, "fair_value": 11.380446, "relative_strength": -2.320872, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -24.539011, "energy": 31.831335, "activity_lines": [ 19.744653, 20.167641, 20.719736, 20.476307 ] }, { "date": "2024-08-16", "close": 21.246064, "volume": 6084611, "typical_volume": 6939288.4, "trend": 20.087691, "fair_value": 11.485364, "relative_strength": 2.137944, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 12.653131, "energy": 14.158597, "activity_lines": [ 20.214724, 20.301368, 20.772513, 20.557958 ] }, { "date": "2024-08-23", "close": 20.266516, "volume": 5241461, "typical_volume": 6805205.6, "trend": 20.148736, "fair_value": 11.583441, "relative_strength": -4.116059, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.02867, "energy": 11.616289, "activity_lines": [ 20.267079, 20.263599, 20.722479, 20.569495 ] }, { "date": "2024-08-30", "close": 20.384738, "volume": 8996147, "typical_volume": 6841519.3, "trend": 20.249122, "fair_value": 11.680981, "relative_strength": -4.131152, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.723909, "energy": 4.467417, "activity_lines": [ 20.35659, 20.247939, 20.680964, 20.584721 ] }, { "date": "2024-09-06", "close": 18.763416, "volume": 9742354, "typical_volume": 6905122.25, "trend": 20.272764, "fair_value": 11.767566, "relative_strength": -8.180595, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.721894, "energy": 17.875409, "activity_lines": [ 19.874697, 19.96129, 20.482361, 20.488869 ] }, { "date": "2024-09-13", "close": 19.413634, "volume": 8678943, "typical_volume": 6911655.95, "trend": 20.267277, "fair_value": 11.85767, "relative_strength": -8.882031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.002158, "energy": 28.187575, "activity_lines": [ 19.670343, 19.847214, 20.346887, 20.433441 ] }, { "date": "2024-09-20", "close": 19.309493, "volume": 9979284, "typical_volume": 7095372.65, "trend": 20.292368, "fair_value": 11.944948, "relative_strength": -10.647566, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.749175, "energy": 38.218245, "activity_lines": [ 19.435216, 19.735238, 20.202346, 20.371649 ] }, { "date": "2024-09-27", "close": 19.812841, "volume": 10836641, "typical_volume": 7247770.0, "trend": 20.342614, "fair_value": 12.030268, "relative_strength": -8.795166, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.098102, "energy": 44.817076, "activity_lines": [ 19.496977, 19.725117, 20.110775, 20.340711 ] }, { "date": "2024-10-04", "close": 21.270816, "volume": 10143474, "typical_volume": 7458408.35, "trend": 20.424705, "fair_value": 12.128433, "relative_strength": -2.475924, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.138436, "energy": 10.304348, "activity_lines": [ 20.074974, 19.987717, 20.166377, 20.400595 ] }, { "date": "2024-10-11", "close": 21.053856, "volume": 9109649, "typical_volume": 7571042.65, "trend": 20.477538, "fair_value": 12.22443, "relative_strength": -4.45858, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.512357, "energy": 7.14595, "activity_lines": [ 20.521579, 20.186315, 20.20775, 20.441186 ] }, { "date": "2024-10-18", "close": 19.187995, "volume": 10726100, "typical_volume": 7690662.65, "trend": 20.484915, "fair_value": 12.307387, "relative_strength": -13.337199, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.063032, "energy": 19.54489, "activity_lines": [ 20.193535, 20.020603, 20.083081, 20.357989 ] }, { "date": "2024-10-25", "close": 17.556451, "volume": 12483613, "typical_volume": 7964758.5, "trend": 20.428577, "fair_value": 12.381872, "relative_strength": -19.391886, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -65.181853, "energy": 30.597156, "activity_lines": [ 19.336685, 19.563424, 19.822672, 20.169056 ] }, { "date": "2024-11-01", "close": 16.827463, "volume": 11469157, "typical_volume": 8228810.85, "trend": 20.333121, "fair_value": 12.452504, "relative_strength": -21.143979, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -73.1203, "energy": 67.383277, "activity_lines": [ 18.353709, 19.040785, 19.512134, 19.936726 ] }, { "date": "2024-11-08", "close": 16.489005, "volume": 10145135, "typical_volume": 8413778.0, "trend": 20.221994, "fair_value": 12.521875, "relative_strength": -25.786027, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.979726, "energy": 79.077644, "activity_lines": [ 17.456938, 18.519137, 19.185899, 19.688719 ] }, { "date": "2024-11-15", "close": 16.688609, "volume": 10850140, "typical_volume": 8687048.75, "trend": 20.144411, "fair_value": 12.597535, "relative_strength": -22.866745, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.176735, "energy": 80.005245, "activity_lines": [ 16.94549, 18.104612, 18.903458, 19.460759 ] }, { "date": "2024-11-22", "close": 16.966318, "volume": 8877710, "typical_volume": 8875313.5, "trend": 20.056877, "fair_value": 12.67692, "relative_strength": -22.401015, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.089107, "energy": 77.144565, "activity_lines": [ 16.817628, 17.778303, 18.671581, 19.25572 ] }, { "date": "2024-11-29", "close": 14.041689, "volume": 14318663, "typical_volume": 9228270.75, "trend": 19.846062, "fair_value": 12.738377, "relative_strength": -36.122085, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.84252, "energy": 86.107058, "activity_lines": [ 15.863001, 16.96474, 18.17833, 18.867644 ] }, { "date": "2024-12-06", "close": 13.26931, "volume": 24796588, "typical_volume": 10176087.15, "trend": 19.569712, "fair_value": 12.792681, "relative_strength": -39.772112, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.139221, "energy": 88.927878, "activity_lines": [ 14.885232, 16.106523, 17.639311, 18.443337 ] }, { "date": "2024-12-13", "close": 12.626899, "volume": 20464674, "typical_volume": 10845809.3, "trend": 19.236551, "fair_value": 12.844724, "relative_strength": -41.91093, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.252946, "energy": 91.629069, "activity_lines": [ 13.930536, 15.250477, 17.07227, 17.995414 ] }, { "date": "2024-12-20", "close": 11.889367, "volume": 12644007, "typical_volume": 11158530.65, "trend": 18.849444, "fair_value": 12.890354, "relative_strength": -43.76829, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.146864, "energy": 93.158998, "activity_lines": [ 12.98747, 14.417497, 16.469718, 17.521402 ] }, { "date": "2024-12-27", "close": 12.440294, "volume": 6998310, "typical_volume": 11129333.05, "trend": 18.487013, "fair_value": 12.939559, "relative_strength": -41.109651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.764392, "energy": 88.17773, "activity_lines": [ 12.547996, 13.851312, 15.956711, 17.107908 ] }, { "date": "2025-01-03", "close": 12.662443, "volume": 9038643, "typical_volume": 11277034.65, "trend": 18.188788, "fair_value": 12.988418, "relative_strength": -39.167087, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.907902, "energy": 85.802436, "activity_lines": [ 12.484307, 13.448203, 15.49835, 16.73213 ] }, { "date": "2025-01-10", "close": 15.310448, "volume": 23938299, "typical_volume": 12211876.55, "trend": 18.02246, "fair_value": 13.053948, "relative_strength": -24.507856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.064938, "energy": 59.198521, "activity_lines": [ 13.395235, 13.615532, 15.333054, 16.54643 ] }, { "date": "2025-01-17", "close": 15.425965, "volume": 27941973, "typical_volume": 13159167.85, "trend": 17.813538, "fair_value": 13.124754, "relative_strength": -25.620694, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.644704, "energy": 39.587981, "activity_lines": [ 14.208593, 13.831446, 15.202359, 16.378914 ] }, { "date": "2025-01-24", "close": 14.217479, "volume": 16840121, "typical_volume": 13514056.2, "trend": 17.562363, "fair_value": 13.187252, "relative_strength": -32.057396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.681085, "energy": 28.641799, "activity_lines": [ 14.432519, 13.846963, 14.980185, 16.146911 ] }, { "date": "2025-01-31", "close": 15.390421, "volume": 11465381, "typical_volume": 13653378.1, "trend": 17.389693, "fair_value": 13.256017, "relative_strength": -25.282212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.601678, "energy": 30.916631, "activity_lines": [ 14.892217, 14.120672, 14.891366, 16.006785 ] }, { "date": "2025-02-07", "close": 15.852489, "volume": 18058928, "typical_volume": 14057360.3, "trend": 17.255507, "fair_value": 13.324762, "relative_strength": -22.464588, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.425832, "energy": 25.45999, "activity_lines": [ 15.309263, 14.507046, 14.865712, 15.907611 ] }, { "date": "2025-02-14", "close": 15.701429, "volume": 13665729, "typical_volume": 14198814.7, "trend": 17.104463, "fair_value": 13.390596, "relative_strength": -23.727226, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.009287, "energy": 20.956342, "activity_lines": [ 15.463286, 14.833031, 14.842133, 15.807348 ] }, { "date": "2025-02-21", "close": 14.697319, "volume": 8110765, "typical_volume": 14097179.25, "trend": 16.930364, "fair_value": 13.445673, "relative_strength": -26.922707, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.52705, "energy": 17.286627, "activity_lines": [ 15.25654, 14.932231, 14.742502, 15.652048 ] }, { "date": "2025-02-28", "close": 14.261909, "volume": 17009690, "typical_volume": 14492181.3, "trend": 16.749914, "fair_value": 13.496318, "relative_strength": -27.897727, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -28.288289, "energy": 15.536524, "activity_lines": [ 14.953234, 14.91462, 14.632707, 15.47989 ] }, { "date": "2025-03-07", "close": 14.732863, "volume": 18708271, "typical_volume": 14891289.85, "trend": 16.591918, "fair_value": 13.554992, "relative_strength": -22.634822, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.372905, "energy": 21.392866, "activity_lines": [ 14.80395, 14.939501, 14.600106, 15.349757 ] }, { "date": "2025-03-14", "close": 13.8887, "volume": 16937762, "typical_volume": 15113997.3, "trend": 16.346673, "fair_value": 13.606527, "relative_strength": -24.761528, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.476649, "energy": 32.614474, "activity_lines": [ 14.417116, 14.769214, 14.508325, 15.175356 ] }, { "date": "2025-03-21", "close": 14.491774, "volume": 14602679, "typical_volume": 15270673.4, "trend": 16.154181, "fair_value": 13.661756, "relative_strength": -21.379491, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -39.013439, "energy": 28.12221, "activity_lines": [ 14.362226, 14.686282, 14.491444, 15.055685 ] }, { "date": "2025-03-28", "close": 13.474649, "volume": 13397500, "typical_volume": 15433291.65, "trend": 15.923845, "fair_value": 13.708477, "relative_strength": -25.230515, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.443207, "energy": 33.833599, "activity_lines": [ 14.048938, 14.433303, 14.388817, 14.882812 ] }, { "date": "2025-04-04", "close": 11.548414, "volume": 18568665, "typical_volume": 15819217.9, "trend": 15.683345, "fair_value": 13.740129, "relative_strength": -28.871364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.954565, "energy": 64.378396, "activity_lines": [ 13.175083, 13.865577, 14.117092, 14.600527 ] }, { "date": "2025-04-11", "close": 13.951708, "volume": 22088823, "typical_volume": 16479773.55, "trend": 15.501281, "fair_value": 13.788699, "relative_strength": -18.035667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.653776, "energy": 49.293922, "activity_lines": [ 13.283226, 13.783343, 14.09873, 14.488808 ] }, { "date": "2025-04-18", "close": 13.897701, "volume": 8345994, "typical_volume": 16181140.1, "trend": 15.320887, "fair_value": 13.840594, "relative_strength": -16.556311, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.84979, "energy": 44.541287, "activity_lines": [ 13.425443, 13.717448, 14.08958, 14.385351 ] }, { "date": "2025-04-25", "close": 14.905825, "volume": 13144905, "typical_volume": 15598555.95, "trend": 15.15732, "fair_value": 13.900161, "relative_strength": -13.81465, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.591057, "energy": 19.519553, "activity_lines": [ 13.903102, 13.870389, 14.177127, 14.358573 ] }, { "date": "2025-05-02", "close": 15.418887, "volume": 10532287, "typical_volume": 15101936.6, "trend": 14.962256, "fair_value": 13.96116, "relative_strength": -12.681692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.658056, "energy": 13.634038, "activity_lines": [ 14.524178, 14.13108, 14.305745, 14.375448 ] }, { "date": "2025-05-09", "close": 15.616912, "volume": 18345352, "typical_volume": 15387003.85, "trend": 14.781024, "fair_value": 14.026754, "relative_strength": -10.393047, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.710071, "energy": 24.718292, "activity_lines": [ 15.081646, 14.414657, 14.439926, 14.417684 ] }, { "date": "2025-05-16", "close": 16.490019, "volume": 10446465, "typical_volume": 15559411.6, "trend": 14.691092, "fair_value": 14.094705, "relative_strength": -9.261238, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 43.213457, "energy": 45.232637, "activity_lines": [ 15.658917, 14.832343, 14.639511, 14.527942 ] }, { "date": "2025-05-23", "close": 16.508021, "volume": 13700579, "typical_volume": 15792508.4, "trend": 14.656144, "fair_value": 14.151151, "relative_strength": -5.821119, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.197372, "energy": 59.525043, "activity_lines": [ 16.072968, 15.221354, 14.821526, 14.645163 ] }, { "date": "2025-05-30", "close": 16.454014, "volume": 12307466, "typical_volume": 15210966.75, "trend": 14.643696, "fair_value": 14.211701, "relative_strength": -6.768348, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.3793, "energy": 68.520197, "activity_lines": [ 16.294995, 15.552922, 14.980084, 14.761155 ] }, { "date": "2025-06-06", "close": 15.868943, "volume": 12837034, "typical_volume": 14455719.8, "trend": 14.623027, "fair_value": 14.273166, "relative_strength": -10.71565, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.297923, "energy": 60.711798, "activity_lines": [ 16.218786, 15.742436, 15.077477, 14.840203 ] }, { "date": "2025-06-13", "close": 17.942278, "volume": 16807024, "typical_volume": 14454064.95, "trend": 14.664816, "fair_value": 14.352154, "relative_strength": 1.827831, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.853564, "energy": 66.380234, "activity_lines": [ 16.803684, 16.265388, 15.37022, 15.054348 ] }, { "date": "2025-06-20", "close": 17.251491, "volume": 16977216, "typical_volume": 14729656.7, "trend": 14.674322, "fair_value": 14.42395, "relative_strength": -1.209458, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.536396, "energy": 55.996151, "activity_lines": [ 17.003296, 16.54649, 15.579437, 15.22123 ] }, { "date": "2025-06-27", "close": 15.433631, "volume": 18414013, "typical_volume": 14747410.95, "trend": 14.72072, "fair_value": 14.48392, "relative_strength": -13.716752, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.027035, "energy": 36.99802, "activity_lines": [ 16.54619, 16.437076, 15.606662, 15.270218 ] }, { "date": "2025-07-04", "close": 15.851739, "volume": 9139465, "typical_volume": 14521097.75, "trend": 14.806801, "fair_value": 14.549507, "relative_strength": -12.14883, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.018319, "energy": 30.56186, "activity_lines": [ 16.300079, 16.375755, 15.675701, 15.343187 ] }, { "date": "2025-07-11", "close": 17.342384, "volume": 13885066, "typical_volume": 14809812.8, "trend": 14.963984, "fair_value": 14.622274, "relative_strength": -3.097515, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.366674, "energy": 34.981018, "activity_lines": [ 16.591002, 16.568262, 15.885991, 15.506773 ] }, { "date": "2025-07-18", "close": 16.660687, "volume": 8524439, "typical_volume": 14385550.25, "trend": 15.123028, "fair_value": 14.689462, "relative_strength": -6.82184, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.983383, "energy": 23.632823, "activity_lines": [ 16.556463, 16.601852, 16.018762, 15.616238 ] }, { "date": "2025-07-25", "close": 16.833383, "volume": 9039448, "typical_volume": 13902109.1, "trend": 15.269464, "fair_value": 14.755942, "relative_strength": -6.593127, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.211322, "energy": 33.128471, "activity_lines": [ 16.664928, 16.647863, 16.156557, 15.726583 ] }, { "date": "2025-08-01", "close": 17.087884, "volume": 9558591, "typical_volume": 13533150.55, "trend": 15.416979, "fair_value": 14.820167, "relative_strength": -2.177228, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.882539, "energy": 42.032036, "activity_lines": [ 16.886101, 16.733905, 16.308588, 15.843901 ] }, { "date": "2025-08-08", "close": 17.39692, "volume": 15089228, "typical_volume": 13557478.0, "trend": 15.486528, "fair_value": 14.882527, "relative_strength": -2.175985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.274967, "energy": 40.971132, "activity_lines": [ 17.100003, 16.865591, 16.474817, 15.971639 ] }, { "date": "2025-08-15", "close": 17.078795, "volume": 7443667, "typical_volume": 13259786.35, "trend": 15.541622, "fair_value": 14.941337, "relative_strength": -4.088807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.618586, "energy": 39.376618, "activity_lines": [ 17.104851, 16.922293, 16.596915, 16.074366 ] }, { "date": "2025-08-22", "close": 18.69669, "volume": 10701438, "typical_volume": 12866425.0, "trend": 15.690929, "fair_value": 15.009826, "relative_strength": 5.243241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.544645, "energy": 59.402809, "activity_lines": [ 17.666569, 17.251161, 16.855934, 16.277918 ] }, { "date": "2025-08-29", "close": 18.996637, "volume": 13030285, "typical_volume": 12413498.1, "trend": 15.811136, "fair_value": 15.080109, "relative_strength": 7.512703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.716623, "energy": 68.644445, "activity_lines": [ 18.192537, 17.620847, 17.109481, 16.49119 ] }, { "date": "2025-09-05", "close": 20.132799, "volume": 13267636, "typical_volume": 12659580.2, "trend": 15.953813, "fair_value": 15.153959, "relative_strength": 13.881128, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.529399, "energy": 79.458127, "activity_lines": [ 18.953008, 18.165379, 17.44721, 16.770007 ] }, { "date": "2025-09-12", "close": 21.441658, "volume": 11585260, "typical_volume": 12581597.95, "trend": 16.145154, "fair_value": 15.235515, "relative_strength": 19.606923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.058032, "energy": 91.649724, "activity_lines": [ 19.946771, 18.862446, 17.879902, 17.124061 ] }, { "date": "2025-09-19", "close": 21.423198, "volume": 13238490, "typical_volume": 12716908.1, "trend": 16.36935, "fair_value": 15.319923, "relative_strength": 18.221443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.166029, "energy": 91.445544, "activity_lines": [ 20.664732, 19.454521, 18.279712, 17.46458 ] }, { "date": "2025-09-26", "close": 21.312436, "volume": 10266869, "typical_volume": 12312983.95, "trend": 16.604368, "fair_value": 15.408778, "relative_strength": 18.184623, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.998192, "energy": 89.655769, "activity_lines": [ 21.056145, 19.952261, 18.640382, 17.783489 ] }, { "date": "2025-10-03", "close": 21.377047, "volume": 9044552, "typical_volume": 12242888.3, "trend": 16.825841, "fair_value": 15.498222, "relative_strength": 17.701456, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.414599, "energy": 87.199426, "activity_lines": [ 21.294713, 20.377171, 18.980084, 18.091404 ] }, { "date": "2025-10-10", "close": 20.980151, "volume": 13542943, "typical_volume": 12235006.5, "trend": 17.062223, "fair_value": 15.580621, "relative_strength": 18.770423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.572582, "energy": 68.994819, "activity_lines": [ 21.242287, 20.647307, 19.258714, 18.359424 ] }, { "date": "2025-10-17", "close": 21.561651, "volume": 14380026, "typical_volume": 12338634.5, "trend": 17.297885, "fair_value": 15.664475, "relative_strength": 20.038902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.012353, "energy": 59.609273, "activity_lines": [ 21.327205, 20.952401, 19.57143, 18.64971 ] }, { "date": "2025-10-24", "close": 21.727793, "volume": 14939650, "typical_volume": 12443765.3, "trend": 17.57299, "fair_value": 15.749263, "relative_strength": 18.549264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.055801, "energy": 55.431673, "activity_lines": [ 21.459503, 21.21198, 19.875646, 18.93551 ] }, { "date": "2025-10-31", "close": 23.112317, "volume": 9881196, "typical_volume": 12097473.9, "trend": 17.958453, "fair_value": 15.837682, "relative_strength": 24.853767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.423573, "energy": 60.881463, "activity_lines": [ 22.033004, 21.638764, 20.283823, 19.292886 ] }, { "date": "2025-11-07", "close": 21.838555, "volume": 10698327, "typical_volume": 11783529.45, "trend": 18.221348, "fair_value": 15.919115, "relative_strength": 19.528987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.370991, "energy": 53.222521, "activity_lines": [ 22.061925, 21.753671, 20.546069, 19.543215 ] }, { "date": "2025-11-14", "close": 23.518444, "volume": 12671558, "typical_volume": 11496406.7, "trend": 18.54204, "fair_value": 16.007385, "relative_strength": 27.982357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.196137, "energy": 59.12047, "activity_lines": [ 22.620042, 22.122341, 20.946462, 19.884963 ] }, { "date": "2025-11-21", "close": 23.906111, "volume": 16854408, "typical_volume": 11882153.85, "trend": 18.842049, "fair_value": 16.100499, "relative_strength": 31.948168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.333306, "energy": 68.715337, "activity_lines": [ 23.138162, 22.499938, 21.345277, 20.231032 ] }, { "date": "2025-11-28", "close": 21.709333, "volume": 24751264, "typical_volume": 12425463.75, "trend": 19.051731, "fair_value": 16.176647, "relative_strength": 14.89448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.408438, "energy": 48.337463, "activity_lines": [ 22.767725, 22.433313, 21.49652, 20.416018 ] }, { "date": "2025-12-05", "close": 21.580111, "volume": 15719642, "typical_volume": 12785223.9, "trend": 19.250504, "fair_value": 16.258915, "relative_strength": 13.089961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.486304, "energy": 41.661005, "activity_lines": [ 22.355444, 22.337991, 21.614662, 20.57914 ] }, { "date": "2025-12-12", "close": 21.275516, "volume": 12146246, "typical_volume": 12940563.8, "trend": 19.410021, "fair_value": 16.336172, "relative_strength": 11.362627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.041744, "energy": 26.219515, "activity_lines": [ 21.943779, 22.182421, 21.680369, 20.709786 ] }, { "date": "2025-12-19", "close": 20.214532, "volume": 13202878, "typical_volume": 13122778.15, "trend": 19.533571, "fair_value": 16.411172, "relative_strength": 5.009382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.317145, "energy": 20.652816, "activity_lines": [ 21.215989, 21.83579, 21.623876, 20.76169 ] }, { "date": "2025-12-26", "close": 20.298294, "volume": 8000306, "typical_volume": 12768332.05, "trend": 19.661714, "fair_value": 16.488238, "relative_strength": 3.379754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.3181, "energy": 16.892436, "activity_lines": [ 20.73638, 21.51831, 21.560472, 20.811027 ] }, { "date": "2026-01-02", "close": 19.153548, "volume": 9355212, "typical_volume": 12863909.3, "trend": 19.7712, "fair_value": 16.56238, "relative_strength": -1.855284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.973934, "energy": 25.835506, "activity_lines": [ 20.11571, 21.015664, 21.374229, 20.778242 ] }, { "date": "2026-01-09", "close": 23.248573, "volume": 23343033, "typical_volume": 13495989.05, "trend": 19.948077, "fair_value": 16.649706, "relative_strength": 16.721917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.016503, "energy": 19.805442, "activity_lines": [ 21.030435, 21.304373, 21.568108, 21.002588 ] }, { "date": "2026-01-16", "close": 24.467774, "volume": 16483190, "typical_volume": 13668634.3, "trend": 20.18862, "fair_value": 16.74511, "relative_strength": 22.510922, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.613053, "energy": 31.813077, "activity_lines": [ 22.240328, 21.812277, 21.856426, 21.294182 ] }, { "date": "2026-01-23", "close": 24.253716, "volume": 11812879, "typical_volume": 13595896.45, "trend": 20.482623, "fair_value": 16.839666, "relative_strength": 20.938558, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.901903, "energy": 61.945883, "activity_lines": [ 23.166052, 22.233457, 22.098305, 21.556446 ] }, { "date": "2026-01-30", "close": 26.599048, "volume": 15134332, "typical_volume": 13773350.05, "trend": 20.840866, "fair_value": 16.946459, "relative_strength": 31.019893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.344767, "energy": 82.49282, "activity_lines": [ 24.604275, 23.067693, 22.543925, 21.951054 ] }, { "date": "2026-02-06", "close": 27.334291, "volume": 12693557, "typical_volume": 13746103.4, "trend": 21.17393, "fair_value": 17.050886, "relative_strength": 33.775002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.978289, "energy": 89.815091, "activity_lines": [ 25.867528, 23.986647, 23.035009, 22.369985 ] }, { "date": "2026-02-13", "close": 28.776857, "volume": 13961313, "typical_volume": 13930825.6, "trend": 21.577802, "fair_value": 17.160322, "relative_strength": 41.184719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.394499, "energy": 94.877089, "activity_lines": [ 27.066253, 25.065614, 23.635332, 22.860496 ] }, { "date": "2026-02-20", "close": 32.313469, "volume": 14142256, "typical_volume": 14185710.8, "trend": 22.093805, "fair_value": 17.288626, "relative_strength": 54.574135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.476084, "energy": 97.845016, "activity_lines": [ 29.075297, 26.656751, 24.536931, 23.55312 ] }, { "date": "2026-02-27", "close": 35.31959, "volume": 22954981, "typical_volume": 14656312.7, "trend": 22.701528, "fair_value": 17.432092, "relative_strength": 66.921529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 96.679244, "energy": 98.561344, "activity_lines": [ 31.563335, 28.593765, 25.672748, 24.406396 ] }, { "date": "2026-03-06", "close": 32.164559, "volume": 38497588, "typical_volume": 15862190.8, "trend": 23.193783, "fair_value": 17.559923, "relative_strength": 52.993397, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.298246, "energy": 87.860722, "activity_lines": [ 32.261971, 29.6825, 26.439804, 25.016914 ] }, { "date": "2026-03-13", "close": 29.028375, "volume": 26295893, "typical_volume": 16430002.95, "trend": 23.592102, "fair_value": 17.671917, "relative_strength": 38.571734, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.212807, "energy": 66.511224, "activity_lines": [ 31.544178, 29.98527, 26.857685, 25.39334 ] }, { "date": "2026-03-20", "close": 30.94244, "volume": 20159198, "typical_volume": 16943903.05, "trend": 24.000294, "fair_value": 17.79427, "relative_strength": 48.461784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.502411, "energy": 60.334342, "activity_lines": [ 31.351468, 30.456509, 27.423094, 25.867555 ] }, { "date": "2026-03-27", "close": 32.365965, "volume": 20274882, "typical_volume": 17422730.8, "trend": 24.445938, "fair_value": 17.924584, "relative_strength": 56.357085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.244688, "energy": 53.335819, "activity_lines": [ 31.488895, 31.046682, 28.08679, 26.407276 ] }, { "date": "2026-04-03", "close": 35.203397, "volume": 14484672, "typical_volume": 17513386.5, "trend": 24.948292, "fair_value": 18.080775, "relative_strength": 61.519297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.958475, "energy": 57.515361, "activity_lines": [ 32.568632, 32.009149, 28.970587, 27.101305 ] }, { "date": "2026-04-10", "close": 33.029636, "volume": 17598676, "typical_volume": 17550599.9, "trend": 25.334558, "fair_value": 18.217859, "relative_strength": 44.421505, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.21851, "energy": 54.369558, "activity_lines": [ 32.931528, 32.377301, 29.591716, 27.622682 ] }, { "date": "2026-04-17", "close": 35.713173, "volume": 18591688, "typical_volume": 17242621.1, "trend": 25.81089, "fair_value": 18.374987, "relative_strength": 47.422261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.844437, "energy": 61.194908, "activity_lines": [ 34.131265, 33.116449, 30.424976, 28.29227 ] }, { "date": "2026-04-24", "close": 34.231937, "volume": 16199463, "typical_volume": 17266612.15, "trend": 26.24154, "fair_value": 18.522341, "relative_strength": 38.944665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.773733, "energy": 54.491398, "activity_lines": [ 34.391603, 33.433938, 31.05048, 28.835564 ] }, { "date": "2026-05-01", "close": 35.597752, "volume": 9144050, "typical_volume": 17116502.35, "trend": 26.715564, "fair_value": 18.680174, "relative_strength": 41.418772, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.117887, "energy": 54.532995, "activity_lines": [ 34.887913, 33.900574, 31.745815, 29.43919 ] }, { "date": "2026-05-08", "close": 38.002356, "volume": 11545856, "typical_volume": 17033651.25, "trend": 27.28297, "fair_value": 18.854773, "relative_strength": 45.611847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.905847, "energy": 59.589224, "activity_lines": [ 35.970305, 34.744697, 32.601959, 30.167371 ] }, { "date": "2026-05-15", "close": 35.261108, "volume": 12553961, "typical_volume": 17261334.0, "trend": 27.739619, "fair_value": 19.011939, "relative_strength": 33.401453, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.813534, "energy": 49.657561, "activity_lines": [ 35.952351, 35.041633, 33.112327, 30.682089 ] }, { "date": "2026-05-22", "close": 35.703555, "volume": 16034790, "typical_volume": 17595312.9, "trend": 28.205478, "fair_value": 19.170264, "relative_strength": 32.545365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.882884, "energy": 47.526624, "activity_lines": [ 35.933114, 35.362713, 33.593582, 31.195891 ] }, { "date": "2026-05-29", "close": 33.347043, "volume": 15569366, "typical_volume": 17206629.55, "trend": 28.546635, "fair_value": 19.315207, "relative_strength": 21.002533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.100436, "energy": 35.928267, "activity_lines": [ 35.129015, 35.13397, 33.771598, 31.527605 ] }, { "date": "2026-06-05", "close": 33.827964, "volume": 13028540, "typical_volume": 17033897.05, "trend": 28.946282, "fair_value": 19.463699, "relative_strength": 24.642965, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.492436, "energy": 26.844205, "activity_lines": [ 34.544215, 34.948946, 33.947328, 31.868336 ] }, { "date": "2026-06-12", "close": 39.07, "volume": 15646823, "typical_volume": 17225594.25, "trend": 29.464667, "fair_value": 19.639904, "relative_strength": 41.495611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.577965, "energy": 42.840335, "activity_lines": [ 35.824747, 35.690439, 34.577726, 32.521479 ] }, { "date": "2026-06-19", "close": 40.93, "volume": 18108298, "typical_volume": 17374292.55, "trend": 30.03213, "fair_value": 19.832367, "relative_strength": 44.964923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.339445, "energy": 52.068815, "activity_lines": [ 37.654102, 36.699811, 35.314714, 33.261178 ] }, { "date": "2026-06-26", "close": 35.52, "volume": 21590314, "typical_volume": 17819130.4, "trend": 30.492486, "fair_value": 19.989275, "relative_strength": 27.354697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.716066, "energy": 41.403328, "activity_lines": [ 37.302198, 36.581904, 35.468222, 33.615234 ] }, { "date": "2026-07-03", "close": 36.75, "volume": 11531918, "typical_volume": 17697660.65, "trend": 30.998149, "fair_value": 20.15012, "relative_strength": 27.452047, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.011033, "energy": 42.538167, "activity_lines": [ 37.372531, 36.691146, 35.699892, 34.018945 ] }, { "date": "2026-07-10", "close": 38.13, "volume": 12900555, "typical_volume": 17635575.6, "trend": 31.559965, "fair_value": 20.320202, "relative_strength": 29.021677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.884105, "energy": 40.544441, "activity_lines": [ 37.676, 37.005513, 36.025024, 34.479064 ] }, { "date": "2026-07-17", "close": 36.49, "volume": 10798786, "typical_volume": 17027765.85, "trend": 32.102481, "fair_value": 20.481963, "relative_strength": 24.053207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.360384, "energy": 27.54147, "activity_lines": [ 37.146, 36.975658, 36.166268, 34.797131 ] }, { "date": "2026-07-24", "close": 39.29, "volume": 7698189, "typical_volume": 15487795.9, "trend": 32.735538, "fair_value": 20.655486, "relative_strength": 32.654819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.041984, "energy": 36.237827, "activity_lines": [ 37.721333, 37.482392, 36.568605, 35.260842 ] }, { "date": "2026-07-31", "close": 39.37, "volume": 9368027, "typical_volume": 14641402.6, "trend": 33.409419, "fair_value": 20.823871, "relative_strength": 29.930577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.014479, "energy": 38.668802, "activity_lines": [ 38.432667, 37.930418, 36.94463, 35.688872 ] }, { "date": "2026-08-07", "close": 39.74, "volume": 9939635, "typical_volume": 14130424.45, "trend": 33.959134, "fair_value": 20.993117, "relative_strength": 25.289788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.894558, "energy": 40.32036, "activity_lines": [ 39.010667, 38.379054, 37.306647, 36.097296 ] } ], "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." } } }