{ "ticker": { "uuid": "2dfd808e-9d63-4c38-bfd8-a33bb7c49e75", "symbol": "FCIQ", "name": "Fidelity International High Quality ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 88.714, "architecture_energy": 86.703, "architecture_maturity": 26.623, "architecture_confidence": 74.851, "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": 3.33, "rotation_up": 77.96, "upward_expansion": 94.87, "deceleration": 43.34, "rotation_down": 13.5, "downward_expansion": 19.2 }, "activity_lines": [ 50.265333, 49.573127, 48.426366, 47.586589 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 51.759998, "trend_reference": 46.724023, "distance_from_trend": 0.107781, "trend_direction": "Improving", "fair_value": 40.911011, "distance_from_fair_value": 0.265185, "fair_value_direction": "Improving", "relative_strength": -0.454754, "relative_strength_direction": "Improving", "price_momentum": 0.139335, "excess_performance": 0.018914, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.107781, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.026532, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.265185, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.076207, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.004548, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.070166, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.139335, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.618737, "read": "Demand-led" } ], "volume": { "latest": 35300, "relative_activity": 0.580592, "balance": 1.618737, "dry_up": 0.636513, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.024803, "annualized_volatility": 0.158299, "from_high_reference": -0.003082, "from_low_reference": 0.205403 }, "levels": { "trend_reference": 46.724023, "fair_value_reference": 40.911011, "structural_low": 42.939999, "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": 0.013337, "positive_rate": 0.621622, "directional_follow_through": 0.621622, "median_excess_return": -0.004371, "regime_survival": 0.810811, "best_return": 0.069392, "worst_return": -0.115122, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.02389, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": -0.025647, "regime_survival": 0.636364, "best_return": 0.08604, "worst_return": -0.03081, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.05789, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.017617, "regime_survival": 0.5, "best_return": 0.104226, "worst_return": -0.021501, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.118604, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.093867, "regime_survival": 0.25, "best_return": 0.151591, "worst_return": -0.231422, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-17", "tenure": "New", "return": 0.044134, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-21", "tenure": "Developing", "return": -0.015526, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.044832, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-11-15", "tenure": "Established", "return": 0.018738, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-22", "end": "2024-12-06", "tenure": "New", "return": 0.052154, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-13", "end": "2025-03-28", "tenure": "Established", "return": 0.034509, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.042655, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.05999, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-11-28", "tenure": "Extended", "return": 0.036973, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2026-03-20", "tenure": "Established", "return": -0.047925, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.073584, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": -0.030958, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-08", "end": "2026-06-05", "tenure": "Developing", "return": -0.010744, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.088514, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 32.195114, "volume": 30359, "typical_volume": 15339.65, "trend": 32.792458, "fair_value": 32.299969, "relative_strength": 4.275988, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.477289, "energy": 3.15724, "activity_lines": [ 32.947388, 33.062828, 33.079658, 32.979625 ] }, { "date": "2023-08-25", "close": 32.303612, "volume": 15179, "typical_volume": 15247.25, "trend": 32.785715, "fair_value": 32.310764, "relative_strength": 4.24556, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.01096, "energy": 20.123347, "activity_lines": [ 32.658051, 32.926646, 33.00172, 32.948086 ] }, { "date": "2023-09-01", "close": 32.9053, "volume": 15859, "typical_volume": 14614.75, "trend": 32.785704, "fair_value": 32.328642, "relative_strength": 2.256616, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.874586, "energy": 17.035167, "activity_lines": [ 32.650159, 32.921621, 32.982977, 32.955801 ] }, { "date": "2023-09-08", "close": 32.500889, "volume": 200924, "typical_volume": 23439.85, "trend": 32.802112, "fair_value": 32.34088, "relative_strength": 3.09088, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.399027, "energy": 25.166455, "activity_lines": [ 32.571249, 32.828006, 32.927439, 32.937426 ] }, { "date": "2023-09-15", "close": 32.333214, "volume": 14498, "typical_volume": 23415.55, "trend": 32.804805, "fair_value": 32.347742, "relative_strength": -0.39065, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.752258, "energy": 36.918063, "activity_lines": [ 32.479191, 32.712333, 32.861898, 32.907175 ] }, { "date": "2023-09-22", "close": 31.514523, "volume": 10508, "typical_volume": 23133.4, "trend": 32.811734, "fair_value": 32.351447, "relative_strength": 0.97923, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -47.162894, "energy": 49.564649, "activity_lines": [ 32.168157, 32.445834, 32.723527, 32.823931 ] }, { "date": "2023-09-29", "close": 31.307384, "volume": 70542, "typical_volume": 25672.85, "trend": 32.783808, "fair_value": 32.352988, "relative_strength": 1.310865, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -76.451891, "energy": 72.290417, "activity_lines": [ 31.833449, 32.185074, 32.573863, 32.726876 ] }, { "date": "2023-10-06", "close": 31.672335, "volume": 49623, "typical_volume": 27536.1, "trend": 32.778448, "fair_value": 32.354179, "relative_strength": 3.792504, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.383684, "energy": 70.207941, "activity_lines": [ 31.686806, 32.03084, 32.468331, 32.655168 ] }, { "date": "2023-10-13", "close": 31.583567, "volume": 12163, "typical_volume": 27180.95, "trend": 32.786703, "fair_value": 32.355638, "relative_strength": 2.106297, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.065909, "energy": 74.617218, "activity_lines": [ 31.592772, 31.900281, 32.363283, 32.578079 ] }, { "date": "2023-10-20", "close": 30.774744, "volume": 42812, "typical_volume": 28728.0, "trend": 32.736472, "fair_value": 32.352987, "relative_strength": 1.046584, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.131634, "energy": 80.035445, "activity_lines": [ 31.290286, 31.650998, 32.187499, 32.448275 ] }, { "date": "2023-10-27", "close": 30.932564, "volume": 28120, "typical_volume": 29394.5, "trend": 32.675578, "fair_value": 32.357921, "relative_strength": 3.314897, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.539705, "energy": 73.858642, "activity_lines": [ 31.144303, 31.473452, 32.037032, 32.331894 ] }, { "date": "2023-11-03", "close": 32.343075, "volume": 80077, "typical_volume": 33014.0, "trend": 32.66365, "fair_value": 32.360126, "relative_strength": 1.827556, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.534919, "energy": 42.348658, "activity_lines": [ 31.507289, 31.575318, 32.029924, 32.310442 ] }, { "date": "2023-11-10", "close": 32.579796, "volume": 30748, "typical_volume": 33972.45, "trend": 32.640764, "fair_value": 32.359606, "relative_strength": 3.218158, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.343793, "energy": 22.346836, "activity_lines": [ 31.880135, 31.719506, 32.050871, 32.305032 ] }, { "date": "2023-11-17", "close": 33.783176, "volume": 17417, "typical_volume": 34371.4, "trend": 32.641741, "fair_value": 32.36662, "relative_strength": 4.018685, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 6.181744, "energy": 21.807211, "activity_lines": [ 32.593611, 32.08841, 32.184032, 32.378736 ] }, { "date": "2023-11-24", "close": 34.019901, "volume": 28412, "typical_volume": 35261.7, "trend": 32.661984, "fair_value": 32.372165, "relative_strength": 4.858587, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 41.448593, "energy": 46.101589, "activity_lines": [ 33.239354, 32.477039, 32.335839, 32.46765 ] }, { "date": "2023-12-01", "close": 34.177723, "volume": 28996, "typical_volume": 36434.2, "trend": 32.691712, "fair_value": 32.380992, "relative_strength": 3.356758, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.228545, "energy": 69.243661, "activity_lines": [ 33.721361, 32.863697, 32.494128, 32.565439 ] }, { "date": "2023-12-08", "close": 34.434177, "volume": 28217, "typical_volume": 37309.85, "trend": 32.730313, "fair_value": 32.391402, "relative_strength": 4.586146, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.256521, "energy": 74.442023, "activity_lines": [ 34.072509, 33.24856, 32.675526, 32.677856 ] }, { "date": "2023-12-15", "close": 34.591991, "volume": 11190, "typical_volume": 37154.15, "trend": 32.765075, "fair_value": 32.397029, "relative_strength": 3.912136, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.59681, "energy": 87.947483, "activity_lines": [ 34.336854, 33.605267, 32.867586, 32.797965 ] }, { "date": "2023-12-22", "close": 34.923431, "volume": 23157, "typical_volume": 37840.1, "trend": 32.832335, "fair_value": 32.405629, "relative_strength": 2.992678, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.796174, "energy": 90.675525, "activity_lines": [ 34.577533, 33.96915, 33.087736, 32.937213 ] }, { "date": "2023-12-29", "close": 35.351269, "volume": 3211, "typical_volume": 37100.6, "trend": 32.912881, "fair_value": 32.413913, "relative_strength": 3.700764, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.498942, "energy": 91.663261, "activity_lines": [ 34.884808, 34.350098, 33.340149, 33.099725 ] }, { "date": "2024-01-05", "close": 34.485641, "volume": 16541, "typical_volume": 36409.7, "trend": 32.968148, "fair_value": 32.414191, "relative_strength": 1.149413, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.960872, "energy": 78.800113, "activity_lines": [ 34.814782, 34.490449, 33.499602, 33.201194 ] }, { "date": "2024-01-12", "close": 35.211967, "volume": 16930, "typical_volume": 36497.25, "trend": 33.025201, "fair_value": 32.423202, "relative_strength": 2.896951, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.181361, "energy": 71.081951, "activity_lines": [ 34.966337, 34.698258, 33.717321, 33.345956 ] }, { "date": "2024-01-19", "close": 34.744335, "volume": 33958, "typical_volume": 37402.2, "trend": 33.114115, "fair_value": 32.425797, "relative_strength": 1.842168, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.743082, "energy": 57.600458, "activity_lines": [ 34.910162, 34.768881, 33.876654, 33.456868 ] }, { "date": "2024-01-26", "close": 35.480614, "volume": 20823, "typical_volume": 28397.15, "trend": 33.197986, "fair_value": 32.439527, "relative_strength": 2.789569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.129139, "energy": 59.076101, "activity_lines": [ 35.089257, 34.934018, 34.097352, 33.609545 ] }, { "date": "2024-02-02", "close": 35.560211, "volume": 24035, "typical_volume": 28874.0, "trend": 33.30917, "fair_value": 32.447772, "relative_strength": 3.093638, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.184549, "energy": 64.008217, "activity_lines": [ 35.257739, 35.082765, 34.311442, 33.761947 ] }, { "date": "2024-02-09", "close": 35.689552, "volume": 34639, "typical_volume": 30080.55, "trend": 33.36877, "fair_value": 32.451392, "relative_strength": 3.662742, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.44564, "energy": 69.603641, "activity_lines": [ 35.455406, 35.227022, 34.522483, 33.91552 ] }, { "date": "2024-02-16", "close": 36.057693, "volume": 34640, "typical_volume": 28285.45, "trend": 33.453465, "fair_value": 32.45887, "relative_strength": 3.369184, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.528156, "energy": 86.689728, "activity_lines": [ 35.695525, 35.410726, 34.748704, 34.088999 ] }, { "date": "2024-02-23", "close": 36.535278, "volume": 18098, "typical_volume": 26709.2, "trend": 33.542571, "fair_value": 32.477022, "relative_strength": 3.775501, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.182185, "energy": 89.777899, "activity_lines": [ 36.038457, 35.651746, 34.997789, 34.287826 ] }, { "date": "2024-03-01", "close": 37.062614, "volume": 19460, "typical_volume": 27074.05, "trend": 33.673257, "fair_value": 32.50419, "relative_strength": 4.400713, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.635028, "energy": 91.736853, "activity_lines": [ 36.437772, 35.953312, 35.273939, 34.514925 ] }, { "date": "2024-03-08", "close": 37.321304, "volume": 26758, "typical_volume": 26271.35, "trend": 33.812566, "fair_value": 32.531637, "relative_strength": 4.103999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.226216, "energy": 92.200805, "activity_lines": [ 36.81785, 36.263019, 35.548636, 34.750283 ] }, { "date": "2024-03-15", "close": 37.311356, "volume": 24520, "typical_volume": 26091.35, "trend": 33.983108, "fair_value": 32.558481, "relative_strength": 3.433949, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.514603, "energy": 88.468888, "activity_lines": [ 37.077206, 36.535098, 35.791211, 34.976011 ] }, { "date": "2024-03-22", "close": 37.928238, "volume": 46315, "typical_volume": 24403.25, "trend": 34.170595, "fair_value": 32.586642, "relative_strength": 4.413834, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.950135, "energy": 90.474077, "activity_lines": [ 37.434069, 36.867961, 36.062162, 35.230536 ] }, { "date": "2024-03-29", "close": 37.480499, "volume": 10898, "typical_volume": 23410.75, "trend": 34.323102, "fair_value": 32.610494, "relative_strength": 2.257296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.842977, "energy": 73.77367, "activity_lines": [ 37.516982, 37.07003, 36.263875, 35.444078 ] }, { "date": "2024-04-05", "close": 37.142212, "volume": 44370, "typical_volume": 24758.4, "trend": 34.477813, "fair_value": 32.62882, "relative_strength": 0.83345, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.726275, "energy": 65.172138, "activity_lines": [ 37.424119, 37.160844, 36.410033, 35.625956 ] }, { "date": "2024-04-12", "close": 36.684521, "volume": 23741, "typical_volume": 24524.85, "trend": 34.622856, "fair_value": 32.641096, "relative_strength": 1.179068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.528794, "energy": 59.145512, "activity_lines": [ 37.173385, 37.13823, 36.496607, 35.768324 ] }, { "date": "2024-04-19", "close": 35.908451, "volume": 35125, "typical_volume": 24831.3, "trend": 34.769321, "fair_value": 32.647857, "relative_strength": -0.558715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.80049, "energy": 34.394982, "activity_lines": [ 36.706414, 36.954071, 36.49658, 35.851266 ] }, { "date": "2024-04-26", "close": 36.296486, "volume": 34931, "typical_volume": 25167.0, "trend": 34.935624, "fair_value": 32.66232, "relative_strength": -0.262692, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.818996, "energy": 29.672326, "activity_lines": [ 36.462315, 36.836484, 36.525267, 35.949793 ] }, { "date": "2024-05-03", "close": 36.873569, "volume": 16542, "typical_volume": 25434.6, "trend": 35.108998, "fair_value": 32.678745, "relative_strength": 1.35343, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.760007, "energy": 27.938598, "activity_lines": [ 36.51936, 36.819479, 36.600047, 36.074821 ] }, { "date": "2024-05-10", "close": 37.410854, "volume": 25590, "typical_volume": 25556.25, "trend": 35.303241, "fair_value": 32.703229, "relative_strength": 1.108442, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.984605, "energy": 27.716924, "activity_lines": [ 36.795962, 36.894011, 36.715132, 36.223328 ] }, { "date": "2024-05-17", "close": 37.898392, "volume": 27536, "typical_volume": 26772.5, "trend": 35.540696, "fair_value": 32.73, "relative_strength": 1.667233, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.128609, "energy": 52.02674, "activity_lines": [ 37.217167, 37.050855, 36.864804, 36.390757 ] }, { "date": "2024-05-24", "close": 37.808838, "volume": 18292, "typical_volume": 26860.05, "trend": 35.769905, "fair_value": 32.753798, "relative_strength": 2.033926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.46358, "energy": 66.016417, "activity_lines": [ 37.527596, 37.180925, 36.993818, 36.537089 ] }, { "date": "2024-05-31", "close": 37.400906, "volume": 15957, "typical_volume": 26811.4, "trend": 35.9385, "fair_value": 32.773843, "relative_strength": 1.127093, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.114301, "energy": 66.991889, "activity_lines": [ 37.575356, 37.227779, 37.068157, 36.642315 ] }, { "date": "2024-06-07", "close": 38.127232, "volume": 44272, "typical_volume": 27327.1, "trend": 36.123414, "fair_value": 32.794887, "relative_strength": 4.219556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.896949, "energy": 75.228437, "activity_lines": [ 37.791596, 37.416281, 37.201246, 36.783523 ] }, { "date": "2024-06-14", "close": 37.271557, "volume": 32596, "typical_volume": 27915.75, "trend": 36.239694, "fair_value": 32.810865, "relative_strength": 3.558422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.111419, "energy": 44.32822, "activity_lines": [ 37.639033, 37.437446, 37.236733, 36.857597 ] }, { "date": "2024-06-21", "close": 37.221806, "volume": 58284, "typical_volume": 29628.2, "trend": 36.346424, "fair_value": 32.824991, "relative_strength": 3.734295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.407613, "energy": 33.94678, "activity_lines": [ 37.479174, 37.447215, 37.258954, 36.920959 ] }, { "date": "2024-06-28", "close": 37.412647, "volume": 22962, "typical_volume": 29044.35, "trend": 36.454255, "fair_value": 32.84028, "relative_strength": 2.648066, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.286481, "energy": 27.249128, "activity_lines": [ 37.428033, 37.481912, 37.291438, 36.989748 ] }, { "date": "2024-07-05", "close": 38.226181, "volume": 28413, "typical_volume": 28733.0, "trend": 36.580655, "fair_value": 32.857884, "relative_strength": 3.87969, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.260077, "energy": 36.10775, "activity_lines": [ 37.674484, 37.637176, 37.393196, 37.104066 ] }, { "date": "2024-07-12", "close": 39.089935, "volume": 23060, "typical_volume": 28981.1, "trend": 36.730586, "fair_value": 32.879576, "relative_strength": 3.287378, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.780874, "energy": 54.701743, "activity_lines": [ 38.153834, 37.914401, 37.56689, 37.265955 ] }, { "date": "2024-07-19", "close": 38.055439, "volume": 33666, "typical_volume": 29691.4, "trend": 36.834987, "fair_value": 32.891676, "relative_strength": 0.425842, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.252195, "energy": 58.833951, "activity_lines": [ 38.224172, 37.963238, 37.629896, 37.351429 ] }, { "date": "2024-07-26", "close": 37.934917, "volume": 27341, "typical_volume": 29720.55, "trend": 36.921108, "fair_value": 32.90252, "relative_strength": -0.452369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.3816, "energy": 55.45428, "activity_lines": [ 38.202077, 37.978443, 37.676695, 37.422392 ] }, { "date": "2024-08-02", "close": 37.392559, "volume": 19266, "typical_volume": 29457.85, "trend": 37.018005, "fair_value": 32.906746, "relative_strength": 0.665054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.245177, "energy": 31.35038, "activity_lines": [ 37.951655, 37.894372, 37.66892, 37.452808 ] }, { "date": "2024-08-09", "close": 37.161552, "volume": 18778, "typical_volume": 28081.0, "trend": 37.082992, "fair_value": 32.906532, "relative_strength": -0.379834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.461339, "energy": 13.582263, "activity_lines": [ 37.625571, 37.77587, 37.638757, 37.462069 ] }, { "date": "2024-08-16", "close": 38.406971, "volume": 16444, "typical_volume": 28358.3, "trend": 37.205079, "fair_value": 32.912428, "relative_strength": -0.408106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.133813, "energy": 19.576128, "activity_lines": [ 37.785601, 37.888158, 37.730856, 37.547488 ] }, { "date": "2024-08-23", "close": 39.220505, "volume": 42519, "typical_volume": 28265.75, "trend": 37.329742, "fair_value": 32.924143, "relative_strength": 0.625893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.956726, "energy": 33.153929, "activity_lines": [ 38.26234, 38.143276, 37.896023, 37.677515 ] }, { "date": "2024-08-30", "close": 39.120068, "volume": 53709, "typical_volume": 29764.15, "trend": 37.448404, "fair_value": 32.933221, "relative_strength": 0.024721, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.274635, "energy": 51.616853, "activity_lines": [ 38.627929, 38.344698, 38.041728, 37.79302 ] }, { "date": "2024-09-06", "close": 37.683823, "volume": 9828, "typical_volume": 28499.3, "trend": 37.51488, "fair_value": 32.931582, "relative_strength": -1.298612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.155755, "energy": 44.584068, "activity_lines": [ 38.43576, 38.250469, 38.03905, 37.808208 ] }, { "date": "2024-09-13", "close": 38.919197, "volume": 22769, "typical_volume": 27891.2, "trend": 37.610264, "fair_value": 32.937983, "relative_strength": -1.562313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.030456, "energy": 52.98389, "activity_lines": [ 38.635964, 38.375924, 38.145572, 37.898809 ] }, { "date": "2024-09-20", "close": 39.431419, "volume": 20336, "typical_volume": 28080.9, "trend": 37.706802, "fair_value": 32.951594, "relative_strength": -1.581323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.111579, "energy": 49.104454, "activity_lines": [ 38.889733, 38.58191, 38.288389, 38.016303 ] }, { "date": "2024-09-27", "close": 39.893429, "volume": 37364, "typical_volume": 28669.6, "trend": 37.801162, "fair_value": 32.98049, "relative_strength": -0.871416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.080652, "energy": 47.481764, "activity_lines": [ 39.229208, 38.865689, 38.463026, 38.157376 ] }, { "date": "2024-10-04", "close": 39.511776, "volume": 11969, "typical_volume": 27891.25, "trend": 37.874178, "fair_value": 33.013343, "relative_strength": -2.645185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.310647, "energy": 59.530358, "activity_lines": [ 39.396605, 39.046659, 38.589493, 38.267738 ] }, { "date": "2024-10-11", "close": 40.034042, "volume": 12358, "typical_volume": 27594.55, "trend": 37.964934, "fair_value": 33.044831, "relative_strength": -2.61621, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.949488, "energy": 67.688779, "activity_lines": [ 39.711976, 39.293915, 38.758017, 38.407084 ] }, { "date": "2024-10-18", "close": 39.732735, "volume": 15958, "typical_volume": 27594.6, "trend": 38.025084, "fair_value": 33.072878, "relative_strength": -4.706904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.822582, "energy": 62.332824, "activity_lines": [ 39.77023, 39.438362, 38.887249, 38.521136 ] }, { "date": "2024-10-25", "close": 38.999542, "volume": 30845, "typical_volume": 26923.25, "trend": 38.075719, "fair_value": 33.098219, "relative_strength": -5.031908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.238897, "energy": 38.44517, "activity_lines": [ 39.52985, 39.402752, 38.93555, 38.584004 ] }, { "date": "2024-11-01", "close": 38.868977, "volume": 18195, "typical_volume": 26203.2, "trend": 38.133278, "fair_value": 33.114809, "relative_strength": -4.50457, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.849953, "energy": 27.007927, "activity_lines": [ 39.274741, 39.332629, 38.967261, 38.635182 ] }, { "date": "2024-11-08", "close": 39.220505, "volume": 16541, "typical_volume": 24116.05, "trend": 38.21781, "fair_value": 33.133954, "relative_strength": -5.523533, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.716626, "energy": 19.102729, "activity_lines": [ 39.205105, 39.332812, 39.024845, 38.705326 ] }, { "date": "2024-11-15", "close": 38.768539, "volume": 16347, "typical_volume": 23785.3, "trend": 38.313147, "fair_value": 33.148149, "relative_strength": -6.980166, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.458558, "energy": 19.717744, "activity_lines": [ 39.004231, 39.248993, 39.029867, 38.740857 ] }, { "date": "2024-11-22", "close": 38.708279, "volume": 35708, "typical_volume": 24150.05, "trend": 38.39354, "fair_value": 33.168783, "relative_strength": -8.966716, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.742735, "energy": 16.769973, "activity_lines": [ 38.867637, 39.134495, 39.022693, 38.766349 ] }, { "date": "2024-11-29", "close": 39.662422, "volume": 40671, "typical_volume": 25030.6, "trend": 38.486501, "fair_value": 33.196681, "relative_strength": -7.330694, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.470411, "energy": 18.097278, "activity_lines": [ 39.117389, 39.197313, 39.104094, 38.848212 ] }, { "date": "2024-12-06", "close": 40.727055, "volume": 24909, "typical_volume": 24592.75, "trend": 38.597042, "fair_value": 33.227961, "relative_strength": -4.88662, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.023041, "energy": 43.282429, "activity_lines": [ 39.677826, 39.4495, 39.284163, 38.992764 ] }, { "date": "2024-12-13", "close": 40.14452, "volume": 37071, "typical_volume": 25079.25, "trend": 38.671912, "fair_value": 33.256412, "relative_strength": -4.591972, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.943624, "energy": 56.833494, "activity_lines": [ 39.920212, 39.580615, 39.39603, 39.092602 ] }, { "date": "2024-12-20", "close": 39.451511, "volume": 26368, "typical_volume": 25434.35, "trend": 38.726668, "fair_value": 33.278115, "relative_strength": -3.590441, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.921945, "energy": 56.001854, "activity_lines": [ 39.869995, 39.574224, 39.431374, 39.142898 ] }, { "date": "2024-12-27", "close": 39.890938, "volume": 13330, "typical_volume": 25161.95, "trend": 38.809669, "fair_value": 33.304096, "relative_strength": -3.203398, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.840845, "energy": 56.048646, "activity_lines": [ 39.920722, 39.65832, 39.498764, 39.218012 ] }, { "date": "2025-01-03", "close": 39.810001, "volume": 22575, "typical_volume": 25468.5, "trend": 38.865762, "fair_value": 33.336743, "relative_strength": -4.401736, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.452944, "energy": 32.688428, "activity_lines": [ 39.865626, 39.724824, 39.545448, 39.28255 ] }, { "date": "2025-01-10", "close": 39.374973, "volume": 30260, "typical_volume": 24855.55, "trend": 38.935875, "fair_value": 33.373604, "relative_strength": -4.181584, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.494005, "energy": 18.211026, "activity_lines": [ 39.655682, 39.697497, 39.544021, 39.315402 ] }, { "date": "2025-01-17", "close": 40.356316, "volume": 36780, "typical_volume": 24009.1, "trend": 39.040359, "fair_value": 33.422905, "relative_strength": -2.911044, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.639885, "energy": 31.031568, "activity_lines": [ 39.862991, 39.839395, 39.635319, 39.407044 ] }, { "date": "2025-01-24", "close": 41.317421, "volume": 27244, "typical_volume": 24879.9, "trend": 39.170518, "fair_value": 33.483055, "relative_strength": -2.097338, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.184657, "energy": 38.708271, "activity_lines": [ 40.376549, 40.135389, 39.812264, 39.553951 ] }, { "date": "2025-01-31", "close": 42.09642, "volume": 37364, "typical_volume": 25609.65, "trend": 39.299526, "fair_value": 33.544363, "relative_strength": -0.46017, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.082341, "energy": 62.479754, "activity_lines": [ 41.025379, 40.526676, 40.046096, 39.742719 ] }, { "date": "2025-02-07", "close": 41.44894, "volume": 21504, "typical_volume": 25668.05, "trend": 39.37816, "fair_value": 33.606209, "relative_strength": -1.564144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.255531, "energy": 68.085975, "activity_lines": [ 41.31135, 40.738636, 40.203134, 39.881391 ] }, { "date": "2025-02-14", "close": 42.207706, "volume": 30163, "typical_volume": 25308.0, "trend": 39.516569, "fair_value": 33.674806, "relative_strength": 0.125955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.487327, "energy": 75.876893, "activity_lines": [ 41.740981, 41.056072, 40.422828, 40.063942 ] }, { "date": "2025-02-21", "close": 41.944668, "volume": 35222, "typical_volume": 26470.65, "trend": 39.650227, "fair_value": 33.73916, "relative_strength": 0.877075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.771311, "energy": 71.359515, "activity_lines": [ 41.894083, 41.298761, 40.606451, 40.220593 ] }, { "date": "2025-02-28", "close": 42.298759, "volume": 25688, "typical_volume": 27137.15, "trend": 39.813767, "fair_value": 33.81449, "relative_strength": 0.80438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.866551, "energy": 65.446365, "activity_lines": [ 42.059326, 41.573101, 40.812211, 40.391467 ] }, { "date": "2025-03-07", "close": 42.88554, "volume": 47678, "typical_volume": 28723.15, "trend": 40.004567, "fair_value": 33.897296, "relative_strength": 4.804197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.227775, "energy": 69.613329, "activity_lines": [ 42.354739, 41.902361, 41.063071, 40.589645 ] }, { "date": "2025-03-14", "close": 42.379692, "volume": 41353, "typical_volume": 29248.55, "trend": 40.136991, "fair_value": 33.965413, "relative_strength": 4.412106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.550276, "energy": 50.8433, "activity_lines": [ 42.428929, 42.0852, 41.250741, 40.742879 ] }, { "date": "2025-03-21", "close": 42.066071, "volume": 67624, "typical_volume": 31720.0, "trend": 40.231843, "fair_value": 34.033589, "relative_strength": 1.964461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.193467, "energy": 46.772713, "activity_lines": [ 42.336529, 42.164296, 41.392447, 40.867336 ] }, { "date": "2025-03-28", "close": 41.529873, "volume": 39018, "typical_volume": 32843.85, "trend": 40.31217, "fair_value": 34.097293, "relative_strength": 1.53165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.038045, "energy": 34.474122, "activity_lines": [ 42.074838, 42.096972, 41.467862, 40.95108 ] }, { "date": "2025-04-04", "close": 37.94849, "volume": 66456, "typical_volume": 35349.3, "trend": 40.320992, "fair_value": 34.138648, "relative_strength": -0.924158, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -3.261799, "energy": 14.909033, "activity_lines": [ 40.647005, 41.357151, 41.191197, 40.798585 ] }, { "date": "2025-04-11", "close": 39.567196, "volume": 139236, "typical_volume": 40525.7, "trend": 40.342592, "fair_value": 34.195008, "relative_strength": 1.572349, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.960208, "energy": 27.522247, "activity_lines": [ 40.04876, 40.972893, 41.072598, 40.749953 ] }, { "date": "2025-04-18", "close": 40.305729, "volume": 50110, "typical_volume": 40997.65, "trend": 40.371735, "fair_value": 34.26152, "relative_strength": 0.857962, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.682024, "energy": 29.042163, "activity_lines": [ 39.917914, 40.768899, 41.020246, 40.747574 ] }, { "date": "2025-04-25", "close": 41.711979, "volume": 88738, "typical_volume": 44189.1, "trend": 40.432354, "fair_value": 34.339239, "relative_strength": 2.147438, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.044495, "energy": 22.392419, "activity_lines": [ 40.394083, 40.841373, 41.098759, 40.834042 ] }, { "date": "2025-05-02", "close": 42.430279, "volume": 74435, "typical_volume": 46057.3, "trend": 40.529637, "fair_value": 34.429173, "relative_strength": 2.556099, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.000738, "energy": 20.685771, "activity_lines": [ 41.133292, 41.05346, 41.240992, 40.96294 ] }, { "date": "2025-05-09", "close": 42.723667, "volume": 91073, "typical_volume": 49292.55, "trend": 40.619291, "fair_value": 34.52184, "relative_strength": 1.927477, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 54.705876, "energy": 39.720891, "activity_lines": [ 41.910269, 41.310061, 41.400281, 41.10449 ] }, { "date": "2025-05-16", "close": 43.654423, "volume": 51472, "typical_volume": 51199.65, "trend": 40.750014, "fair_value": 34.618952, "relative_strength": 1.692312, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.280011, "energy": 70.008563, "activity_lines": [ 42.679154, 41.728165, 41.632633, 41.300305 ] }, { "date": "2025-05-23", "close": 43.350914, "volume": 66261, "typical_volume": 53383.95, "trend": 40.89506, "fair_value": 34.709673, "relative_strength": 1.366067, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.109907, "energy": 73.909082, "activity_lines": [ 43.074387, 42.077106, 41.818157, 41.468105 ] }, { "date": "2025-05-30", "close": 43.472321, "volume": 89419, "typical_volume": 56341.9, "trend": 41.048505, "fair_value": 34.805739, "relative_strength": 0.525784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.517363, "energy": 74.534564, "activity_lines": [ 43.307076, 42.430462, 41.998383, 41.63438 ] }, { "date": "2025-06-06", "close": 43.887112, "volume": 66262, "typical_volume": 57816.0, "trend": 41.204058, "fair_value": 34.910918, "relative_strength": 0.593857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.21152, "energy": 74.932539, "activity_lines": [ 43.560673, 42.833667, 42.198601, 41.817516 ] }, { "date": "2025-06-13", "close": 43.53302, "volume": 89322, "typical_volume": 60919.9, "trend": 41.362874, "fair_value": 35.021377, "relative_strength": -0.408506, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.019514, "energy": 59.654609, "activity_lines": [ 43.599117, 43.129632, 42.348283, 41.967772 ] }, { "date": "2025-06-20", "close": 43.563374, "volume": 82900, "typical_volume": 63196.7, "trend": 41.524711, "fair_value": 35.125273, "relative_strength": -0.217161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.316619, "energy": 46.810603, "activity_lines": [ 43.593723, 43.329579, 42.490305, 42.109739 ] }, { "date": "2025-06-27", "close": 44.716385, "volume": 42034, "typical_volume": 64223.2, "trend": 41.693176, "fair_value": 35.240385, "relative_strength": 1.718251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.833037, "energy": 53.719469, "activity_lines": [ 43.978735, 43.666507, 42.735153, 42.315654 ] }, { "date": "2025-07-04", "close": 44.174553, "volume": 39504, "typical_volume": 64690.25, "trend": 41.808093, "fair_value": 35.348753, "relative_strength": -0.730578, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.609181, "energy": 56.103453, "activity_lines": [ 44.092105, 43.824726, 42.912838, 42.475743 ] }, { "date": "2025-07-11", "close": 44.195004, "volume": 75992, "typical_volume": 66728.75, "trend": 41.943109, "fair_value": 35.458425, "relative_strength": -0.480114, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.571524, "energy": 66.3852, "activity_lines": [ 44.165477, 43.94189, 43.083105, 42.629737 ] }, { "date": "2025-07-18", "close": 43.816742, "volume": 60714, "typical_volume": 68480.05, "trend": 42.088617, "fair_value": 35.559934, "relative_strength": -2.298576, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.611652, "energy": 61.911156, "activity_lines": [ 44.092235, 43.958192, 43.206631, 42.750616 ] }, { "date": "2025-07-25", "close": 44.389244, "volume": 96911, "typical_volume": 70941.7, "trend": 42.23856, "fair_value": 35.659991, "relative_strength": -1.615856, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.421725, "energy": 60.60713, "activity_lines": [ 44.190913, 44.058712, 43.377452, 42.899044 ] }, { "date": "2025-08-01", "close": 43.663395, "volume": 127464, "typical_volume": 75247.25, "trend": 42.367007, "fair_value": 35.753853, "relative_strength": -1.450374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.603225, "energy": 37.437781, "activity_lines": [ 43.992583, 44.013899, 43.471985, 42.990969 ] }, { "date": "2025-08-08", "close": 44.787952, "volume": 63440, "typical_volume": 75038.05, "trend": 42.54744, "fair_value": 35.854554, "relative_strength": -1.540665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.884959, "energy": 47.006466, "activity_lines": [ 44.239304, 44.16787, 43.667505, 43.147159 ] }, { "date": "2025-08-15", "close": 45.19688, "volume": 75116, "typical_volume": 76842.95, "trend": 42.708792, "fair_value": 35.960097, "relative_strength": -1.11069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.560167, "energy": 55.909673, "activity_lines": [ 44.581442, 44.37227, 43.88901, 43.31809 ] }, { "date": "2025-08-22", "close": 45.575138, "volume": 52056, "typical_volume": 76122.95, "trend": 42.850716, "fair_value": 36.073495, "relative_strength": -1.700569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.653057, "energy": 72.103963, "activity_lines": [ 44.982873, 44.62163, 44.129077, 43.503016 ] }, { "date": "2025-08-29", "close": 44.276787, "volume": 64023, "typical_volume": 72362.3, "trend": 42.923394, "fair_value": 36.185295, "relative_strength": -5.134561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.179549, "energy": 63.128423, "activity_lines": [ 44.834295, 44.597798, 44.209174, 43.595021 ] }, { "date": "2025-09-05", "close": 44.879959, "volume": 50304, "typical_volume": 72372.0, "trend": 43.037762, "fair_value": 36.295532, "relative_strength": -5.329488, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.832343, "energy": 49.885191, "activity_lines": [ 44.894271, 44.670662, 44.32429, 43.721251 ] }, { "date": "2025-09-12", "close": 45.350227, "volume": 91365, "typical_volume": 72503.35, "trend": 43.142512, "fair_value": 36.41446, "relative_strength": -4.98435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.503827, "energy": 49.195451, "activity_lines": [ 45.029899, 44.826055, 44.462411, 43.870442 ] }, { "date": "2025-09-19", "close": 45.40134, "volume": 77062, "typical_volume": 72634.7, "trend": 43.257735, "fair_value": 36.54001, "relative_strength": -6.285389, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.620338, "energy": 45.008236, "activity_lines": [ 45.14508, 44.969365, 44.588075, 44.016173 ] }, { "date": "2025-09-26", "close": 45.033306, "volume": 62759, "typical_volume": 71219.0, "trend": 43.348886, "fair_value": 36.661287, "relative_strength": -6.855508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.972918, "energy": 43.114279, "activity_lines": [ 45.123952, 45.023827, 44.66454, 44.130726 ] }, { "date": "2025-10-03", "close": 46.924606, "volume": 68110, "typical_volume": 72050.9, "trend": 43.483522, "fair_value": 36.791665, "relative_strength": -5.099304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.176908, "energy": 68.527592, "activity_lines": [ 45.769379, 45.400042, 44.91013, 44.361417 ] }, { "date": "2025-10-10", "close": 45.406456, "volume": 78229, "typical_volume": 72649.3, "trend": 43.584414, "fair_value": 36.915088, "relative_strength": -6.132086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.417163, "energy": 46.467703, "activity_lines": [ 45.732235, 45.454132, 44.995563, 44.485478 ] }, { "date": "2025-10-17", "close": 46.208977, "volume": 39795, "typical_volume": 70168.1, "trend": 43.722511, "fair_value": 37.041619, "relative_strength": -5.216195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.365328, "energy": 49.758287, "activity_lines": [ 45.927499, 45.622443, 45.147638, 44.654804 ] }, { "date": "2025-10-24", "close": 46.270317, "volume": 77159, "typical_volume": 70712.95, "trend": 43.880526, "fair_value": 37.162188, "relative_strength": -5.777115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.983284, "energy": 53.701174, "activity_lines": [ 46.085959, 45.776071, 45.292523, 44.819179 ] }, { "date": "2025-10-31", "close": 46.260094, "volume": 81150, "typical_volume": 70304.35, "trend": 44.157579, "fair_value": 37.283061, "relative_strength": -5.427348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.515962, "energy": 44.829488, "activity_lines": [ 46.183079, 45.908322, 45.425086, 44.972699 ] }, { "date": "2025-11-07", "close": 45.769379, "volume": 58089, "typical_volume": 69063.8, "trend": 44.364319, "fair_value": 37.38814, "relative_strength": -5.279609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.24836, "energy": 40.816395, "activity_lines": [ 46.034842, 45.938899, 45.497928, 45.076686 ] }, { "date": "2025-11-14", "close": 45.554691, "volume": 48650, "typical_volume": 69394.6, "trend": 44.539284, "fair_value": 37.491041, "relative_strength": -6.950469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.993339, "energy": 29.155102, "activity_lines": [ 45.892058, 45.903303, 45.539819, 45.153485 ] }, { "date": "2025-11-21", "close": 44.542591, "volume": 44662, "typical_volume": 69652.5, "trend": 44.633638, "fair_value": 37.583381, "relative_strength": -8.469153, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.113122, "energy": 12.721059, "activity_lines": [ 45.402024, 45.671422, 45.481327, 45.153698 ] }, { "date": "2025-11-28", "close": 45.26844, "volume": 64996, "typical_volume": 69102.7, "trend": 44.728243, "fair_value": 37.674019, "relative_strength": -10.489154, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.716322, "energy": 18.331401, "activity_lines": [ 45.265033, 45.586197, 45.490212, 45.194653 ] }, { "date": "2025-12-05", "close": 45.227547, "volume": 66552, "typical_volume": 69394.6, "trend": 44.811706, "fair_value": 37.764642, "relative_strength": -10.215253, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.092775, "energy": 18.008357, "activity_lines": [ 45.181202, 45.495954, 45.49009, 45.226866 ] }, { "date": "2025-12-12", "close": 45.217323, "volume": 40575, "typical_volume": 66577.8, "trend": 44.863802, "fair_value": 37.858778, "relative_strength": -10.685988, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.656463, "energy": 14.151164, "activity_lines": [ 45.1628, 45.40032, 45.482276, 45.253035 ] }, { "date": "2025-12-19", "close": 45.432011, "volume": 48942, "typical_volume": 62651.7, "trend": 44.933172, "fair_value": 37.955887, "relative_strength": -10.72231, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.540007, "energy": 8.848112, "activity_lines": [ 45.252764, 45.374762, 45.490966, 45.289694 ] }, { "date": "2025-12-26", "close": 45.40134, "volume": 21892, "typical_volume": 60574.3, "trend": 44.997473, "fair_value": 38.054488, "relative_strength": -11.260599, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.526466, "energy": 7.049149, "activity_lines": [ 45.340683, 45.343162, 45.488313, 45.319898 ] }, { "date": "2026-01-02", "close": 44.509998, "volume": 34800, "typical_volume": 58558.5, "trend": 45.018236, "fair_value": 38.142562, "relative_strength": -12.483364, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.271149, "energy": 6.643452, "activity_lines": [ 45.074238, 45.164185, 45.397849, 45.288448 ] }, { "date": "2026-01-09", "close": 46.27, "volume": 156400, "typical_volume": 63775.7, "trend": 45.109469, "fair_value": 38.233543, "relative_strength": -10.874081, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 43.392392, "energy": 18.62441, "activity_lines": [ 45.445024, 45.337214, 45.478275, 45.369207 ] }, { "date": "2026-01-16", "close": 46.400002, "volume": 113400, "typical_volume": 66244.55, "trend": 45.204023, "fair_value": 38.32292, "relative_strength": -11.561013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.039474, "energy": 30.557292, "activity_lines": [ 45.789646, 45.533699, 45.567773, 45.452467 ] }, { "date": "2026-01-23", "close": 45.580002, "volume": 104100, "typical_volume": 68934.35, "trend": 45.23281, "fair_value": 38.406729, "relative_strength": -13.137614, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.653692, "energy": 28.487878, "activity_lines": [ 45.78209, 45.569628, 45.569065, 45.476724 ] }, { "date": "2026-01-30", "close": 45.459999, "volume": 114900, "typical_volume": 70111.1, "trend": 45.275658, "fair_value": 38.487205, "relative_strength": -9.80526, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.720222, "energy": 25.432745, "activity_lines": [ 45.724667, 45.583277, 45.555596, 45.491381 ] }, { "date": "2026-02-06", "close": 45.43, "volume": 122500, "typical_volume": 72383.0, "trend": 45.316825, "fair_value": 38.57324, "relative_strength": -11.135613, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.613692, "energy": 18.123777, "activity_lines": [ 45.653334, 45.574793, 45.538746, 45.501339 ] }, { "date": "2026-02-13", "close": 45.82, "volume": 150200, "typical_volume": 76755.05, "trend": 45.3836, "fair_value": 38.660211, "relative_strength": -11.713878, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.511372, "energy": 16.001496, "activity_lines": [ 45.650667, 45.63428, 45.558903, 45.533802 ] }, { "date": "2026-02-20", "close": 46.119999, "volume": 116500, "typical_volume": 79174.55, "trend": 45.441292, "fair_value": 38.755169, "relative_strength": -12.765168, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.760598, "energy": 20.849169, "activity_lines": [ 45.778, 45.73754, 45.603885, 45.581311 ] }, { "date": "2026-02-27", "close": 46.599998, "volume": 101000, "typical_volume": 80313.1, "trend": 45.539179, "fair_value": 38.847828, "relative_strength": -12.867514, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.506597, "energy": 39.293668, "activity_lines": [ 46.083999, 45.91166, 45.698412, 45.656067 ] }, { "date": "2026-03-06", "close": 44.27, "volume": 150300, "typical_volume": 85838.35, "trend": 45.521914, "fair_value": 38.927551, "relative_strength": -13.660795, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.633425, "energy": 2.011823, "activity_lines": [ 45.545333, 45.640909, 45.565352, 45.574184 ] }, { "date": "2026-03-13", "close": 44.02, "volume": 70500, "typical_volume": 85505.4, "trend": 45.482684, "fair_value": 39.00886, "relative_strength": -12.31283, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.157574, "energy": 42.082269, "activity_lines": [ 45.002666, 45.345272, 45.417715, 45.477286 ] }, { "date": "2026-03-20", "close": 43.060001, "volume": 43700, "typical_volume": 83632.9, "trend": 45.398846, "fair_value": 39.077952, "relative_strength": -10.525807, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.131929, "energy": 64.661466, "activity_lines": [ 44.234, 44.884, 45.189365, 45.320984 ] }, { "date": "2026-03-27", "close": 43.080002, "volume": 95600, "typical_volume": 85508.45, "trend": 45.358953, "fair_value": 39.144109, "relative_strength": -11.922881, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.205406, "energy": 71.4405, "activity_lines": [ 43.656001, 44.484727, 44.978159, 45.171381 ] }, { "date": "2026-04-03", "close": 44.75, "volume": 105500, "typical_volume": 88350.95, "trend": 45.354622, "fair_value": 39.221347, "relative_strength": -11.362649, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.436022, "energy": 63.829681, "activity_lines": [ 43.837334, 44.449455, 44.938807, 45.132094 ] }, { "date": "2026-04-10", "close": 46.25, "volume": 99500, "typical_volume": 91092.85, "trend": 45.384614, "fair_value": 39.304575, "relative_strength": -9.641666, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.509097, "energy": 23.102966, "activity_lines": [ 44.642001, 44.702, 45.046144, 45.18986 ] }, { "date": "2026-04-17", "close": 47.400002, "volume": 104100, "typical_volume": 93048.05, "trend": 45.451236, "fair_value": 39.392051, "relative_strength": -8.818707, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.331489, "energy": 17.10575, "activity_lines": [ 45.698001, 45.149273, 45.254875, 45.319885 ] }, { "date": "2026-04-24", "close": 45.972298, "volume": 99300, "typical_volume": 94685.45, "trend": 45.482536, "fair_value": 39.472561, "relative_strength": -10.032091, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 1.935224, "energy": 19.802715, "activity_lines": [ 46.052767, 45.301146, 45.317483, 45.353502 ] }, { "date": "2026-05-01", "close": 45.932579, "volume": 89400, "typical_volume": 97126.7, "trend": 45.449468, "fair_value": 39.55363, "relative_strength": -9.684036, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.806201, "energy": 25.375224, "activity_lines": [ 46.20014, 45.443027, 45.372762, 45.382537 ] }, { "date": "2026-05-08", "close": 47.134018, "volume": 99900, "typical_volume": 99674.6, "trend": 45.507054, "fair_value": 39.642463, "relative_strength": -7.471402, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.297788, "energy": 44.081571, "activity_lines": [ 46.55782, 45.80676, 45.539058, 45.491218 ] }, { "date": "2026-05-15", "close": 45.515553, "volume": 93200, "typical_volume": 103240.0, "trend": 45.483939, "fair_value": 39.71917, "relative_strength": -9.612971, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 48.791642, "energy": 31.368223, "activity_lines": [ 46.217078, 45.866517, 45.543109, 45.491766 ] }, { "date": "2026-05-22", "close": 46.697128, "volume": 74200, "typical_volume": 105210.0, "trend": 45.498167, "fair_value": 39.807577, "relative_strength": -8.604488, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 54.342977, "energy": 29.694083, "activity_lines": [ 46.319157, 46.118459, 45.659148, 45.570037 ] }, { "date": "2026-05-29", "close": 46.806351, "volume": 93400, "typical_volume": 102060.0, "trend": 45.516375, "fair_value": 39.896497, "relative_strength": -8.80283, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 54.460318, "energy": 31.032299, "activity_lines": [ 46.504503, 46.341585, 45.775174, 45.654436 ] }, { "date": "2026-06-05", "close": 46.627625, "volume": 30100, "typical_volume": 97895.0, "trend": 45.544983, "fair_value": 39.984958, "relative_strength": -7.845361, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 52.053557, "energy": 28.457124, "activity_lines": [ 46.574669, 46.4641, 45.871624, 45.726129 ] }, { "date": "2026-06-12", "close": 47.551044, "volume": 11800, "typical_volume": 93280.0, "trend": 45.611528, "fair_value": 40.075027, "relative_strength": -7.088849, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.617903, "energy": 48.850851, "activity_lines": [ 46.906305, 46.690007, 46.054935, 45.855552 ] }, { "date": "2026-06-19", "close": 48.524105, "volume": 2600, "typical_volume": 87665.0, "trend": 45.744246, "fair_value": 40.180458, "relative_strength": -4.951659, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.255001, "energy": 65.520147, "activity_lines": [ 47.534494, 47.041906, 46.321533, 46.043461 ] }, { "date": "2026-06-26", "close": 48.360001, "volume": 17800, "typical_volume": 82430.0, "trend": 45.847298, "fair_value": 40.279147, "relative_strength": -4.936582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.066645, "energy": 68.566935, "activity_lines": [ 47.907411, 47.322621, 46.55791, 46.212219 ] }, { "date": "2026-07-03", "close": 49.439999, "volume": 9000, "typical_volume": 75370.0, "trend": 45.987713, "fair_value": 40.389501, "relative_strength": -3.255912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.105872, "energy": 80.153285, "activity_lines": [ 48.529468, 47.782244, 46.883193, 46.444006 ] }, { "date": "2026-07-10", "close": 49.139999, "volume": 35800, "typical_volume": 71335.0, "trend": 46.118468, "fair_value": 40.487184, "relative_strength": -3.689758, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.514981, "energy": 80.020909, "activity_lines": [ 48.87595, 48.124273, 47.162666, 46.64738 ] }, { "date": "2026-07-17", "close": 48.57, "volume": 22700, "typical_volume": 67420.0, "trend": 46.223068, "fair_value": 40.583678, "relative_strength": -4.406572, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.622907, "energy": 73.372662, "activity_lines": [ 48.86494, 48.304349, 47.373472, 46.805543 ] }, { "date": "2026-07-24", "close": 48.900002, "volume": 43100, "typical_volume": 62060.0, "trend": 46.33969, "fair_value": 40.680075, "relative_strength": -3.745392, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.661366, "energy": 70.82632, "activity_lines": [ 48.896, 48.518317, 47.606326, 46.978248 ] }, { "date": "2026-07-31", "close": 50.549999, "volume": 53700, "typical_volume": 61220.0, "trend": 46.541024, "fair_value": 40.791665, "relative_strength": 0.148981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.643155, "energy": 72.905624, "activity_lines": [ 49.452, 48.970748, 47.974275, 47.249881 ] }, { "date": "2026-08-07", "close": 51.759998, "volume": 35300, "typical_volume": 60800.0, "trend": 46.724023, "fair_value": 40.911011, "relative_strength": -0.454754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.714483, "energy": 86.702642, "activity_lines": [ 50.265333, 49.573127, 48.426366, 47.586589 ] } ], "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." } } }