{ "ticker": { "uuid": "2e98003a-57ef-4798-8115-97d6785f00d7", "symbol": "OIH", "name": "VanEck Oil Services ETF A USD Acc", "exchange": "MIL", "country": "IT", "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": "FTSEMIB.MI", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 52.813, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -2.981, "architecture_energy": 8.325, "architecture_maturity": 28.809, "architecture_confidence": 77.749, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 63.74, "rotation_up": 24.4, "upward_expansion": 29.91, "deceleration": 76.98, "rotation_down": 33.6, "downward_expansion": 22.57 }, "activity_lines": [ 27.494333, 27.414091, 28.217905, 28.19599 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.333333 }, "latest_close": 27.695, "trend_reference": 27.632, "distance_from_trend": 0.00228, "trend_direction": "Improving", "fair_value": 21.51166, "distance_from_fair_value": 0.287441, "fair_value_direction": "Weakening", "relative_strength": 0.58242, "relative_strength_direction": "Weakening", "price_momentum": 0.113367, "excess_performance": -0.057525, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.00228, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.10214, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.287441, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.125017, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.005824, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.247539, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.113367, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.234715, "read": "Demand-led" } ], "volume": { "latest": 18629, "relative_activity": 0.700718, "balance": 1.234715, "dry_up": 0.603155, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.054495, "annualized_volatility": 0.321, "from_high_reference": -0.140707, "from_low_reference": 0.740948 }, "levels": { "trend_reference": 27.632, "fair_value_reference": 21.51166, "structural_low": 24.695, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.043164, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.032689, "regime_survival": 1.0, "best_return": 0.043164, "worst_return": 0.043164, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Extended", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-29", "end": "2024-12-20", "tenure": "New", "return": -0.065118, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-24", "tenure": "Developing", "return": 0.112921, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-02-14", "tenure": "New", "return": -0.011905, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": -0.050628, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": 0.110244, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-07-25", "tenure": "Established", "return": 0.109993, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-09-12", "tenure": "Developing", "return": 0.036387, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-19", "end": "2025-09-26", "tenure": "New", "return": 0.061537, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2026-06-19", "tenure": "Extended", "return": 0.552649, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.026121, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 22.965, "volume": 66, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 22.68, "volume": 9, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 22.825001, "volume": 9, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 23.98, "volume": 1746, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 24.68, "volume": 360, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 23.655001, "volume": 4866, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 23.99, "volume": 964, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 22.379999, "volume": 675, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 23.975, "volume": 1201, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 23.33, "volume": 500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 23.18, "volume": 2882, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 23.09, "volume": 190, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 23.09, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 21.32, "volume": 282, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 20.98, "volume": 200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 20.98, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 20.4, "volume": 10, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 20.825001, "volume": 3820, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 21.145, "volume": 30, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 21.41, "volume": 20, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 21.24, "volume": 10, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 19.948, "volume": 10, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 19.712, "volume": 80, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 20.25, "volume": 794, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 19.993999, "volume": 48, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 19.521999, "volume": 202, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 20.365, "volume": 409, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 20.98, "volume": 969, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 21.254999, "volume": 1720, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 21.32, "volume": 147, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 21.32, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 23.195, "volume": 170, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 23.195, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 24.275, "volume": 144, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 24.32, "volume": 888, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 23.165001, "volume": 280, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 22.885, "volume": 400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 22.08, "volume": 54, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 22.594999, "volume": 116, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 22.795, "volume": 527, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 22.405001, "volume": 2470, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 22.205, "volume": 595, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 21.205, "volume": 560, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 21.059999, "volume": 189, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 21.059999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 22.334999, "volume": 535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 22.200001, "volume": 87, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 22.200001, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 23.235001, "volume": 8681, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 22.985001, "volume": 116, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 21.200001, "volume": 1004, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 20.605, "volume": 91, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 20.605, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 19.959999, "volume": 1101, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 19.959999, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 19.608, "volume": 118, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 18.606001, "volume": 130, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 19.677999, "volume": 478, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 18.68, "volume": 518, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 20.805, "volume": 1480, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 20.26, "volume": 356, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 19.85, "volume": 35, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 18.892, "volume": 281, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-01", "close": 19.174, "volume": 1284, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-08", "close": 21.184999, "volume": 2037, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-15", "close": 21.325001, "volume": 2966, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-22", "close": 22.605, "volume": 425, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-11-29", "close": 21.959999, "volume": 2598, "typical_volume": 1184.95, "trend": 21.041267, "fair_value": 21.334275, "relative_strength": 2.576798, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.091514, "energy": 40.757909, "activity_lines": [ 21.715933, 20.943891, 20.467152, 20.676101 ] }, { "date": "2024-12-06", "close": 21.629999, "volume": 1765, "typical_volume": 839.15, "trend": 21.0091, "fair_value": 21.337926, "relative_strength": -2.704464, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.46914, "energy": 54.010743, "activity_lines": [ 21.842666, 21.154145, 20.569162, 20.714084 ] }, { "date": "2024-12-13", "close": 20.844999, "volume": 962, "typical_volume": 881.45, "trend": 20.9441, "fair_value": 21.331915, "relative_strength": -6.360964, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.20909, "energy": 48.718451, "activity_lines": [ 21.543999, 21.168036, 20.604052, 20.703497 ] }, { "date": "2024-12-20", "close": 20.530001, "volume": 67, "typical_volume": 834.6, "trend": 20.8816, "fair_value": 21.322253, "relative_strength": -4.453543, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.124324, "energy": 14.255964, "activity_lines": [ 21.163, 21.123927, 20.619133, 20.676781 ] }, { "date": "2024-12-27", "close": 19.952, "volume": 1267, "typical_volume": 893.4, "trend": 20.8065, "fair_value": 21.30594, "relative_strength": -7.879464, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.434478, "energy": 19.35533, "activity_lines": [ 20.642333, 20.969818, 20.582357, 20.616806 ] }, { "date": "2025-01-03", "close": 21.045, "volume": 171, "typical_volume": 901.95, "trend": 20.801167, "fair_value": 21.302871, "relative_strength": -2.499184, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.305732, "energy": 14.398883, "activity_lines": [ 20.662867, 21.012582, 20.652786, 20.632193 ] }, { "date": "2025-01-10", "close": 21.389999, "volume": 346, "typical_volume": 864.2, "trend": 20.812167, "fair_value": 21.303884, "relative_strength": -3.485346, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.491293, "energy": 13.107152, "activity_lines": [ 20.8594, 21.078927, 20.753976, 20.670183 ] }, { "date": "2025-01-17", "close": 22.174999, "volume": 92, "typical_volume": 868.8, "trend": 20.849333, "fair_value": 21.313896, "relative_strength": -3.076676, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 39.453903, "energy": 27.565706, "activity_lines": [ 21.333599, 21.247709, 20.923119, 20.758107 ] }, { "date": "2025-01-24", "close": 22.205, "volume": 288, "typical_volume": 877.3, "trend": 20.845, "fair_value": 21.324023, "relative_strength": -2.607976, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 68.138488, "energy": 65.32966, "activity_lines": [ 21.729133, 21.403945, 21.084571, 20.84557 ] }, { "date": "2025-01-31", "close": 21.0, "volume": 32, "typical_volume": 872.4, "trend": 20.805, "fair_value": 21.320382, "relative_strength": -8.367402, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.579105, "energy": 52.818275, "activity_lines": [ 21.611333, 21.325091, 21.118895, 20.85557 ] }, { "date": "2025-02-07", "close": 20.885, "volume": 2103, "typical_volume": 953.65, "trend": 20.761167, "fair_value": 21.315544, "relative_strength": -10.13219, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.043802, "energy": 42.264719, "activity_lines": [ 21.385333, 21.254509, 21.130866, 20.860731 ] }, { "date": "2025-02-14", "close": 20.75, "volume": 18480, "typical_volume": 1851.75, "trend": 20.678333, "fair_value": 21.30933, "relative_strength": -12.625098, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.993235, "energy": 14.111747, "activity_lines": [ 21.125, 21.178927, 21.124233, 20.860011 ] }, { "date": "2025-02-21", "close": 20.700001, "volume": 1502, "typical_volume": 1852.85, "trend": 20.602167, "fair_value": 21.302706, "relative_strength": -13.567392, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 17.381908, "energy": 19.282147, "activity_lines": [ 20.890667, 21.110255, 21.102981, 20.861408 ] }, { "date": "2025-02-28", "close": 19.652, "volume": 1380, "typical_volume": 1904.05, "trend": 20.550566, "fair_value": 21.284957, "relative_strength": -18.09389, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.247414, "energy": 34.246384, "activity_lines": [ 20.405334, 20.853673, 20.982419, 20.800107 ] }, { "date": "2025-03-07", "close": 17.434, "volume": 1343, "typical_volume": 1969.45, "trend": 20.444866, "fair_value": 21.243989, "relative_strength": -26.798408, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -55.143284, "energy": 71.691936, "activity_lines": [ 19.350867, 20.209782, 20.653514, 20.599039 ] }, { "date": "2025-03-14", "close": 17.98, "volume": 272, "typical_volume": 1969.0, "trend": 20.357367, "fair_value": 21.209632, "relative_strength": -24.242087, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.436977, "energy": 80.358035, "activity_lines": [ 18.716133, 19.710946, 20.388114, 20.440015 ] }, { "date": "2025-03-21", "close": 18.629999, "volume": 1138, "typical_volume": 1961.7, "trend": 20.313033, "fair_value": 21.18276, "relative_strength": -21.784129, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.330943, "energy": 75.10767, "activity_lines": [ 18.491733, 19.386018, 20.188962, 20.328572 ] }, { "date": "2025-03-28", "close": 19.356001, "volume": 582, "typical_volume": 1888.95, "trend": 20.2929, "fair_value": 21.163928, "relative_strength": -17.677624, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -65.44942, "energy": 80.755035, "activity_lines": [ 18.650667, 19.243273, 20.061543, 20.266828 ] }, { "date": "2025-04-04", "close": 15.31, "volume": 321, "typical_volume": 1756.7, "trend": 20.149633, "fair_value": 21.104194, "relative_strength": -26.566786, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.105722, "energy": 91.368941, "activity_lines": [ 17.550533, 18.416146, 19.5575, 19.94535 ] }, { "date": "2025-04-11", "close": 13.896, "volume": 964, "typical_volume": 1783.65, "trend": 19.992633, "fair_value": 21.031384, "relative_strength": -31.449179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.900176, "energy": 94.823117, "activity_lines": [ 16.268533, 17.457291, 18.947433, 19.54189 ] }, { "date": "2025-04-18", "close": 14.822, "volume": 1386, "typical_volume": 1723.05, "trend": 19.830767, "fair_value": 20.96929, "relative_strength": -30.237805, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.811542, "energy": 91.60297, "activity_lines": [ 15.531067, 16.795964, 18.467029, 19.208301 ] }, { "date": "2025-04-25", "close": 14.894, "volume": 477, "typical_volume": 1658.65, "trend": 19.704567, "fair_value": 20.909139, "relative_strength": -31.86891, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.68712, "energy": 88.905578, "activity_lines": [ 15.028133, 16.257964, 18.027471, 18.8898 ] }, { "date": "2025-05-02", "close": 15.11, "volume": 1046, "typical_volume": 1662.85, "trend": 19.514733, "fair_value": 20.852284, "relative_strength": -32.062555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.939944, "energy": 87.275839, "activity_lines": [ 14.846267, 15.865709, 17.640562, 18.593376 ] }, { "date": "2025-05-09", "close": 15.484, "volume": 6837, "typical_volume": 2001.35, "trend": 19.355533, "fair_value": 20.800165, "relative_strength": -31.637552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.071717, "energy": 69.787981, "activity_lines": [ 15.072133, 15.643091, 17.316581, 18.333329 ] }, { "date": "2025-05-16", "close": 15.932, "volume": 5460, "typical_volume": 2211.0, "trend": 19.224933, "fair_value": 20.753356, "relative_strength": -31.305754, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.653009, "energy": 60.309971, "activity_lines": [ 15.435733, 15.577709, 17.059295, 18.112456 ] }, { "date": "2025-05-23", "close": 14.93, "volume": 17824, "typical_volume": 3093.65, "trend": 19.092867, "fair_value": 20.697895, "relative_strength": -33.088041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.419646, "energy": 56.909707, "activity_lines": [ 15.3296, 15.357455, 16.725724, 17.835363 ] }, { "date": "2025-05-30", "close": 15.182, "volume": 6368, "typical_volume": 3394.75, "trend": 18.9598, "fair_value": 20.645858, "relative_strength": -32.387732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.792973, "energy": 48.274153, "activity_lines": [ 15.300267, 15.238473, 16.445271, 17.583049 ] }, { "date": "2025-06-06", "close": 15.912, "volume": 4834, "typical_volume": 3631.85, "trend": 18.784033, "fair_value": 20.601617, "relative_strength": -29.503336, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.462261, "energy": 45.526201, "activity_lines": [ 15.495067, 15.314909, 16.263905, 17.386417 ] }, { "date": "2025-06-13", "close": 16.809999, "volume": 6773, "typical_volume": 3956.1, "trend": 18.633533, "fair_value": 20.566509, "relative_strength": -22.744731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.19649, "energy": 35.285864, "activity_lines": [ 15.935733, 15.617236, 16.197886, 17.25906 ] }, { "date": "2025-06-20", "close": 16.700001, "volume": 14713, "typical_volume": 4690.15, "trend": 18.4367, "fair_value": 20.531037, "relative_strength": -22.283736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.246564, "energy": 23.866386, "activity_lines": [ 16.251333, 15.872291, 16.147081, 17.134316 ] }, { "date": "2025-06-27", "close": 15.818, "volume": 4966, "typical_volume": 4833.3, "trend": 18.231967, "fair_value": 20.488191, "relative_strength": -26.624636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.37333, "energy": 24.45125, "activity_lines": [ 16.221733, 15.916, 16.032752, 16.965368 ] }, { "date": "2025-07-04", "close": 16.07, "volume": 2247, "typical_volume": 4021.65, "trend": 18.046633, "fair_value": 20.448387, "relative_strength": -24.567796, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.934325, "energy": 20.501025, "activity_lines": [ 16.216933, 15.987418, 15.966552, 16.825886 ] }, { "date": "2025-07-11", "close": 16.889999, "volume": 937, "typical_volume": 3993.4, "trend": 17.9148, "fair_value": 20.416616, "relative_strength": -20.997616, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.150604, "energy": 15.553844, "activity_lines": [ 16.426266, 16.186545, 16.000733, 16.751264 ] }, { "date": "2025-07-18", "close": 15.95, "volume": 1424, "typical_volume": 3995.6, "trend": 17.762133, "fair_value": 20.377088, "relative_strength": -25.061856, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.75334, "energy": 17.742022, "activity_lines": [ 16.257066, 16.1824, 15.963533, 16.624503 ] }, { "date": "2025-07-25", "close": 16.993999, "volume": 1622, "typical_volume": 4009.55, "trend": 17.663533, "fair_value": 20.347412, "relative_strength": -20.205516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -3.86383, "energy": 9.172499, "activity_lines": [ 16.493199, 16.3596, 16.04339, 16.574946 ] }, { "date": "2025-08-01", "close": 16.874001, "volume": 3508, "typical_volume": 4171.35, "trend": 17.5245, "fair_value": 20.317209, "relative_strength": -18.497505, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.106091, "energy": 13.044013, "activity_lines": [ 16.669733, 16.495673, 16.113914, 16.524009 ] }, { "date": "2025-08-08", "close": 16.034, "volume": 1320, "typical_volume": 4180.45, "trend": 17.345967, "fair_value": 20.280284, "relative_strength": -24.949789, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.402815, "energy": 9.577009, "activity_lines": [ 16.495867, 16.443673, 16.109705, 16.427847 ] }, { "date": "2025-08-15", "close": 16.148001, "volume": 4471, "typical_volume": 4374.9, "trend": 17.145067, "fair_value": 20.244966, "relative_strength": -25.557924, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.032531, "energy": 12.117087, "activity_lines": [ 16.3624, 16.396909, 16.128714, 16.350559 ] }, { "date": "2025-08-22", "close": 16.200001, "volume": 123, "typical_volume": 4365.0, "trend": 16.9449, "fair_value": 20.210686, "relative_strength": -25.834866, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -26.485321, "energy": 14.546549, "activity_lines": [ 16.295734, 16.355309, 16.167953, 16.289587 ] }, { "date": "2025-08-29", "close": 17.261999, "volume": 3220, "typical_volume": 4477.8, "trend": 16.8203, "fair_value": 20.185908, "relative_strength": -18.352352, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.282964, "energy": 5.829476, "activity_lines": [ 16.5664, 16.517891, 16.304095, 16.310045 ] }, { "date": "2025-09-05", "close": 17.076, "volume": 10058, "typical_volume": 4911.4, "trend": 16.693333, "fair_value": 20.159992, "relative_strength": -17.525394, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.192777, "energy": 25.649749, "activity_lines": [ 16.7572, 16.636436, 16.406495, 16.326542 ] }, { "date": "2025-09-12", "close": 17.488001, "volume": 1176, "typical_volume": 4946.35, "trend": 16.5846, "fair_value": 20.137909, "relative_strength": -16.976251, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.726009, "energy": 52.486827, "activity_lines": [ 17.071867, 16.807018, 16.5374, 16.377811 ] }, { "date": "2025-09-19", "close": 17.128, "volume": 2073, "typical_volume": 4997.7, "trend": 16.465533, "fair_value": 20.113238, "relative_strength": -17.627273, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.453696, "energy": 53.92266, "activity_lines": [ 17.1696, 16.886364, 16.621667, 16.412869 ] }, { "date": "2025-09-26", "close": 18.181999, "volume": 1396, "typical_volume": 4725.65, "trend": 16.416533, "fair_value": 20.097537, "relative_strength": -12.862753, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 79.560078, "energy": 78.00033, "activity_lines": [ 17.553333, 17.153018, 16.796705, 16.523609 ] }, { "date": "2025-10-03", "close": 17.702, "volume": 5859, "typical_volume": 4745.6, "trend": 16.425467, "fair_value": 20.078218, "relative_strength": -15.66703, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.421808, "energy": 73.31246, "activity_lines": [ 17.644933, 17.291818, 16.913181, 16.606542 ] }, { "date": "2025-10-10", "close": 16.832001, "volume": 3552, "typical_volume": 4032.0, "trend": 16.3872, "fair_value": 20.052248, "relative_strength": -16.877528, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.901469, "energy": 48.225358, "activity_lines": [ 17.4172, 17.259564, 16.938372, 16.63277 ] }, { "date": "2025-10-17", "close": 16.91, "volume": 19480, "typical_volume": 4687.6, "trend": 16.329867, "fair_value": 20.027309, "relative_strength": -15.375421, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.459562, "energy": 32.15944, "activity_lines": [ 17.231733, 17.242255, 16.961933, 16.666499 ] }, { "date": "2025-10-24", "close": 18.718, "volume": 16836, "typical_volume": 5287.7, "trend": 16.3086, "fair_value": 20.017, "relative_strength": -7.553186, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.283463, "energy": 47.86463, "activity_lines": [ 17.687467, 17.537746, 17.149457, 16.820572 ] }, { "date": "2025-10-31", "close": 19.496, "volume": 4740, "typical_volume": 5186.05, "trend": 16.448133, "fair_value": 20.01293, "relative_strength": -4.855807, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.640166, "energy": 65.957126, "activity_lines": [ 18.296533, 17.927964, 17.397714, 17.026211 ] }, { "date": "2025-11-07", "close": 19.323999, "volume": 4515, "typical_volume": 4676.15, "trend": 16.629067, "fair_value": 20.007589, "relative_strength": -4.448271, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.434845, "energy": 86.28048, "activity_lines": [ 18.760666, 18.226982, 17.6168, 17.211751 ] }, { "date": "2025-11-14", "close": 19.851999, "volume": 6313, "typical_volume": 4743.5, "trend": 16.796733, "fair_value": 20.006392, "relative_strength": -3.561761, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.809462, "energy": 91.377534, "activity_lines": [ 19.292666, 18.584509, 17.873676, 17.419682 ] }, { "date": "2025-11-21", "close": 19.148001, "volume": 6065, "typical_volume": 4934.4, "trend": 16.938533, "fair_value": 19.99984, "relative_strength": -3.175718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.540451, "energy": 82.684687, "activity_lines": [ 19.388667, 18.763564, 18.044295, 17.571376 ] }, { "date": "2025-11-28", "close": 20.014999, "volume": 5312, "typical_volume": 5153.15, "trend": 17.102033, "fair_value": 19.999954, "relative_strength": 0.40056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.054402, "energy": 84.388165, "activity_lines": [ 19.624466, 19.070072, 18.282828, 17.769858 ] }, { "date": "2025-12-05", "close": 21.195, "volume": 30999, "typical_volume": 6631.9, "trend": 17.2924, "fair_value": 20.00894, "relative_strength": 6.733937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.346606, "energy": 85.942346, "activity_lines": [ 20.167133, 19.538636, 18.618862, 18.03392 ] }, { "date": "2025-12-12", "close": 20.355, "volume": 1553, "typical_volume": 6628.45, "trend": 17.439833, "fair_value": 20.011522, "relative_strength": 2.874208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.518176, "energy": 64.506852, "activity_lines": [ 20.316533, 19.799691, 18.849919, 18.231507 ] }, { "date": "2025-12-19", "close": 19.412001, "volume": 8696, "typical_volume": 6887.85, "trend": 17.589233, "fair_value": 20.007081, "relative_strength": -3.910203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.664493, "energy": 56.673652, "activity_lines": [ 20.082867, 19.841055, 18.975162, 18.358744 ] }, { "date": "2025-12-26", "close": 19.466, "volume": 780, "typical_volume": 6860.85, "trend": 17.732033, "fair_value": 20.003103, "relative_strength": -2.704579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.614189, "energy": 50.990804, "activity_lines": [ 19.896534, 19.845327, 19.093462, 18.479826 ] }, { "date": "2026-01-02", "close": 20.07, "volume": 15365, "typical_volume": 7405.55, "trend": 17.870633, "fair_value": 20.003591, "relative_strength": -0.638696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.17651, "energy": 40.466164, "activity_lines": [ 19.890334, 19.912945, 19.252943, 18.630662 ] }, { "date": "2026-01-09", "close": 21.969999, "volume": 45113, "typical_volume": 9655.05, "trend": 18.042633, "fair_value": 20.017841, "relative_strength": 8.552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.083292, "energy": 57.463314, "activity_lines": [ 20.5138, 20.301436, 19.5747, 18.895138 ] }, { "date": "2026-01-16", "close": 22.610001, "volume": 49723, "typical_volume": 11980.2, "trend": 18.239633, "fair_value": 20.036489, "relative_strength": 12.089998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.310559, "energy": 80.354202, "activity_lines": [ 21.298933, 20.761309, 19.929933, 19.189806 ] }, { "date": "2026-01-23", "close": 23.68, "volume": 43329, "typical_volume": 13643.75, "trend": 18.5017, "fair_value": 20.062514, "relative_strength": 20.377071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.820895, "energy": 94.670521, "activity_lines": [ 22.2904, 21.355982, 20.361605, 19.540798 ] }, { "date": "2026-01-30", "close": 23.565001, "volume": 24629, "typical_volume": 14816.4, "trend": 18.751533, "fair_value": 20.087355, "relative_strength": 18.265322, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.203194, "energy": 92.795041, "activity_lines": [ 22.959, 21.860146, 20.750876, 19.867462 ] }, { "date": "2026-02-06", "close": 24.875, "volume": 37458, "typical_volume": 16585.65, "trend": 19.0177, "fair_value": 20.12107, "relative_strength": 24.003958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.562555, "energy": 95.306939, "activity_lines": [ 23.791, 22.522182, 21.235972, 20.262525 ] }, { "date": "2026-02-13", "close": 25.950001, "volume": 33759, "typical_volume": 18203.8, "trend": 19.351033, "fair_value": 20.161832, "relative_strength": 30.490411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.695402, "energy": 96.121321, "activity_lines": [ 24.661001, 23.291309, 21.786557, 20.70977 ] }, { "date": "2026-02-20", "close": 26.415001, "volume": 32668, "typical_volume": 19544.25, "trend": 19.665067, "fair_value": 20.205257, "relative_strength": 29.681652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.667629, "energy": 93.697881, "activity_lines": [ 25.420667, 24.058528, 22.344438, 21.16551 ] }, { "date": "2026-02-27", "close": 27.27, "volume": 37044, "typical_volume": 21218.85, "trend": 20.0116, "fair_value": 20.253979, "relative_strength": 31.390037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.099703, "energy": 92.146578, "activity_lines": [ 26.211667, 24.871019, 22.942257, 21.656151 ] }, { "date": "2026-03-06", "close": 26.639999, "volume": 108992, "typical_volume": 25694.45, "trend": 20.365133, "fair_value": 20.297719, "relative_strength": 36.340243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.01961, "energy": 74.871815, "activity_lines": [ 26.553333, 25.426091, 23.430372, 22.083789 ] }, { "date": "2026-03-13", "close": 26.59, "volume": 57703, "typical_volume": 27737.8, "trend": 20.7132, "fair_value": 20.340524, "relative_strength": 34.787819, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.809187, "energy": 67.208664, "activity_lines": [ 26.673333, 25.841637, 23.867391, 22.485394 ] }, { "date": "2026-03-20", "close": 27.75, "volume": 50167, "typical_volume": 30009.15, "trend": 21.0982, "fair_value": 20.390588, "relative_strength": 44.450472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.030812, "energy": 70.181138, "activity_lines": [ 27.065667, 26.349546, 24.3774, 22.939381 ] }, { "date": "2026-03-27", "close": 29.725, "volume": 53670, "typical_volume": 32466.9, "trend": 21.513633, "fair_value": 20.453235, "relative_strength": 51.605519, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.024736, "energy": 73.284093, "activity_lines": [ 27.996333, 27.111455, 25.0362, 23.495948 ] }, { "date": "2026-04-03", "close": 28.575001, "volume": 53193, "typical_volume": 34810.9, "trend": 21.896933, "fair_value": 20.50738, "relative_strength": 37.486882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.333858, "energy": 66.455731, "activity_lines": [ 28.323, 27.534909, 25.535948, 23.951521 ] }, { "date": "2026-04-10", "close": 28.735001, "volume": 44912, "typical_volume": 36753.25, "trend": 22.271833, "fair_value": 20.561868, "relative_strength": 31.412304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.703717, "energy": 66.243399, "activity_lines": [ 28.616001, 27.898455, 26.009396, 24.392686 ] }, { "date": "2026-04-17", "close": 27.5, "volume": 45502, "typical_volume": 38762.75, "trend": 22.617567, "fair_value": 20.607513, "relative_strength": 21.753079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.386845, "energy": 60.505172, "activity_lines": [ 28.357667, 27.943455, 26.319572, 24.729987 ] }, { "date": "2026-04-24", "close": 30.02, "volume": 27257, "typical_volume": 38575.65, "trend": 23.012167, "fair_value": 20.669033, "relative_strength": 34.994791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.605791, "energy": 63.337917, "activity_lines": [ 28.878667, 28.398909, 26.834105, 25.207564 ] }, { "date": "2026-05-01", "close": 31.264999, "volume": 73093, "typical_volume": 42152.65, "trend": 23.464267, "fair_value": 20.737838, "relative_strength": 37.436478, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.183289, "energy": 66.829839, "activity_lines": [ 29.663333, 29.006727, 27.425186, 25.740004 ] }, { "date": "2026-05-08", "close": 29.370001, "volume": 51187, "typical_volume": 44277.2, "trend": 23.8822, "fair_value": 20.793529, "relative_strength": 25.336274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.124612, "energy": 56.742299, "activity_lines": [ 29.713667, 29.181818, 27.783838, 26.12102 ] }, { "date": "2026-05-15", "close": 30.82, "volume": 33926, "typical_volume": 45934.5, "trend": 24.345867, "fair_value": 20.857801, "relative_strength": 30.743946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.649944, "energy": 61.687535, "activity_lines": [ 30.194333, 29.582364, 28.233167, 26.56862 ] }, { "date": "2026-05-22", "close": 30.985001, "volume": 17561, "typical_volume": 46044.3, "trend": 24.754767, "fair_value": 20.942744, "relative_strength": 29.114259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.671922, "energy": 60.151558, "activity_lines": [ 30.591, 29.936909, 28.644143, 26.996951 ] }, { "date": "2026-05-29", "close": 28.99, "volume": 45370, "typical_volume": 46057.15, "trend": 25.071233, "fair_value": 21.014897, "relative_strength": 18.587185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.944049, "energy": 47.475144, "activity_lines": [ 30.090334, 29.848818, 28.813143, 27.270192 ] }, { "date": "2026-06-05", "close": 30.035, "volume": 1664, "typical_volume": 43654.2, "trend": 25.428267, "fair_value": 21.09375, "relative_strength": 22.205915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.413005, "energy": 45.353395, "activity_lines": [ 30.006667, 29.928182, 29.048238, 27.590435 ] }, { "date": "2026-06-12", "close": 30.23, "volume": 1820, "typical_volume": 41578.75, "trend": 25.7742, "fair_value": 21.169468, "relative_strength": 18.424816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.32432, "energy": 41.631369, "activity_lines": [ 30.07, 30.037364, 29.266548, 27.900224 ] }, { "date": "2026-06-19", "close": 27.485001, "volume": 5129, "typical_volume": 40603.75, "trend": 26.0521, "fair_value": 21.227308, "relative_strength": 4.534142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.907619, "energy": 18.992885, "activity_lines": [ 29.161, 29.617364, 29.192238, 28.010598 ] }, { "date": "2026-06-26", "close": 26.99, "volume": 1338, "typical_volume": 38797.75, "trend": 26.2846, "fair_value": 21.279795, "relative_strength": 5.300369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.388736, "energy": 15.99952, "activity_lines": [ 28.309334, 29.130091, 29.052119, 28.071108 ] }, { "date": "2026-07-03", "close": 25.870001, "volume": 220, "typical_volume": 37120.8, "trend": 26.440434, "fair_value": 21.325103, "relative_strength": -2.355012, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.919502, "energy": 27.376728, "activity_lines": [ 27.350667, 28.448455, 28.795262, 28.044359 ] }, { "date": "2026-07-10", "close": 27.065001, "volume": 11729, "typical_volume": 36073.85, "trend": 26.6641, "fair_value": 21.378071, "relative_strength": 2.189208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.329744, "energy": 27.624104, "activity_lines": [ 26.998334, 28.059546, 28.652596, 28.084654 ] }, { "date": "2026-07-17", "close": 27.004999, "volume": 7887, "typical_volume": 34616.0, "trend": 26.9172, "fair_value": 21.412558, "relative_strength": 2.910423, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -20.769475, "energy": 42.540609, "activity_lines": [ 26.824, 27.736091, 28.501119, 28.106648 ] }, { "date": "2026-07-24", "close": 28.155001, "volume": 15725, "typical_volume": 29952.65, "trend": 27.206834, "fair_value": 21.449224, "relative_strength": 6.945238, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -1.210997, "energy": 29.076129, "activity_lines": [ 27.248, 27.664728, 28.460429, 28.186506 ] }, { "date": "2026-07-31", "close": 27.1, "volume": 21900, "typical_volume": 28162.5, "trend": 27.441167, "fair_value": 21.478263, "relative_strength": 1.832217, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.729297, "energy": 19.181762, "activity_lines": [ 27.275667, 27.45, 28.312048, 28.179613 ] }, { "date": "2026-08-07", "close": 27.695, "volume": 18629, "typical_volume": 26585.6, "trend": 27.632, "fair_value": 21.51166, "relative_strength": 0.58242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -2.981313, "energy": 8.324968, "activity_lines": [ 27.494333, 27.414091, 28.217905, 28.19599 ] } ], "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." } } }