{ "ticker": { "uuid": "2f0c4a2d-8f7a-400c-8b91-fac5f2fb0149", "symbol": "IQSM", "name": "NYLI CANDRIAM U.S. MID CAP EQUITY ETF", "exchange": "NYSEARCA", "country": "US", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 87.145, "architecture_energy": 68.386, "architecture_maturity": 51.07, "architecture_confidence": 81.128, "architecture_tenure": "Established", "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": 9.09, "rotation_up": 60.84, "upward_expansion": 84.62, "deceleration": 60.08, "rotation_down": 26.0, "downward_expansion": 11.29 }, "activity_lines": [ 39.626567, 39.398928, 38.730767, 37.9883 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 40.6053, "trend_reference": 37.193473, "distance_from_trend": 0.091732, "trend_direction": "Improving", "fair_value": 32.038229, "distance_from_fair_value": 0.267402, "fair_value_direction": "Improving", "relative_strength": 1.128265, "relative_strength_direction": "Improving", "price_momentum": 0.105304, "excess_performance": -0.020321, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.091732, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.044245, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.267402, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.049279, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.011283, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.024517, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.105304, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.52509, "read": "Supply-led" } ], "volume": { "latest": 443, "relative_activity": 0.009804, "balance": 0.52509, "dry_up": 0.404274, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.019493, "annualized_volatility": 0.13991, "from_high_reference": 0.0, "from_low_reference": 0.27258 }, "levels": { "trend_reference": 37.193473, "fair_value_reference": 32.038229, "structural_low": 33.512753, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.021453, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.004386, "regime_survival": 0.8, "best_return": 0.066594, "worst_return": -0.054748, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.018141, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.00958, "regime_survival": 0.6, "best_return": 0.132661, "worst_return": -0.074137, "sufficient": true }, { "horizon": "Extended", "sample_count": 2, "median_return": 0.060973, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.002245, "regime_survival": 0.5, "best_return": 0.110134, "worst_return": 0.011812, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.062857, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.095716, "regime_survival": 1.0, "best_return": 0.062857, "worst_return": 0.062857, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-28", "end": "2024-08-23", "tenure": "Developing", "return": 0.063798, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-12-27", "tenure": "Established", "return": 0.020897, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-28", "tenure": "Developing", "return": -0.010555, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": -0.01463, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-28", "end": "2025-05-30", "tenure": "Developing", "return": 0.032628, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.009932, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": -0.01498, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-10-10", "tenure": "Developing", "return": 0.003101, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-05", "tenure": "Developing", "return": 0.029376, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": -0.012767, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.000147, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.022853, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-04-24", "tenure": "New", "return": -0.003709, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.095032, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 26.767103, "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": "2023-08-25", "close": 26.763245, "volume": 28839, "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": 27.736161, "volume": 2008, "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": 26.911686, "volume": 375, "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": 26.721018, "volume": 329629, "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": 25.87562, "volume": 540, "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": 25.805969, "volume": 848, "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": 25.336013, "volume": 1152, "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": 25.093393, "volume": 230512, "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": 24.543434, "volume": 414, "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": 23.843531, "volume": 191885, "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": 25.303799, "volume": 10415, "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": 24.998492, "volume": 537, "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": 26.071516, "volume": 102335, "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": 26.374791, "volume": 7, "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": 27.40554, "volume": 623, "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": 27.458843, "volume": 886, "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": 28.819422, "volume": 397487, "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": 29.273901, "volume": 6771, "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": 29.230414, "volume": 831, "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": 28.403771, "volume": 722, "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": 28.68401, "volume": 165355, "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": 28.811754, "volume": 6355, "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": 29.113348, "volume": 370, "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": 29.220125, "volume": 892, "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": 29.592095, "volume": 981, "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": 29.78138, "volume": 103098, "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": 30.008425, "volume": 697, "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": 30.328948, "volume": 808, "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": 30.588221, "volume": 1934, "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": 30.300925, "volume": 212627, "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": 30.972764, "volume": 4915, "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": 31.488425, "volume": 3005, "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": 30.726617, "volume": 1209, "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": 29.700261, "volume": 619216, "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": 28.923946, "volume": 798, "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": 29.378168, "volume": 2676, "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": 29.590333, "volume": 261, "typical_volume": 56676.05, "trend": 28.467686, "fair_value": 27.154731, "relative_strength": -4.227674, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.352271, "energy": 29.402203, "activity_lines": [ 29.490888, 29.958205, 29.921441, 29.445635 ] }, { "date": "2024-05-10", "close": 30.20677, "volume": 712, "typical_volume": 56373.1, "trend": 28.638132, "fair_value": 27.192411, "relative_strength": -3.894215, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.897568, "energy": 23.846017, "activity_lines": [ 29.671856, 29.959461, 29.969144, 29.557834 ] }, { "date": "2024-05-17", "close": 30.456129, "volume": 528397, "typical_volume": 82751.4, "trend": 28.835222, "fair_value": 27.232212, "relative_strength": -4.535826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.785294, "energy": 20.529754, "activity_lines": [ 29.9706, 30.008277, 30.036153, 29.675124 ] }, { "date": "2024-05-24", "close": 30.021381, "volume": 15603, "typical_volume": 83495.45, "trend": 29.04115, "fair_value": 27.265816, "relative_strength": -5.748424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.680214, "energy": 25.322868, "activity_lines": [ 30.074038, 29.980449, 30.05592, 29.75165 ] }, { "date": "2024-05-31", "close": 29.966952, "volume": 252, "typical_volume": 75240.3, "trend": 29.196589, "fair_value": 27.297973, "relative_strength": -5.397314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.891734, "energy": 27.164207, "activity_lines": [ 30.08617, 29.947808, 30.062801, 29.811379 ] }, { "date": "2024-06-07", "close": 29.52422, "volume": 2167, "typical_volume": 75030.9, "trend": 29.347447, "fair_value": 27.324164, "relative_strength": -7.744955, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.45387, "energy": 13.960177, "activity_lines": [ 29.911472, 29.852957, 30.021408, 29.832517 ] }, { "date": "2024-06-14", "close": 29.257724, "volume": 59771, "typical_volume": 78000.95, "trend": 29.453653, "fair_value": 27.346647, "relative_strength": -9.819701, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.133872, "energy": 9.982072, "activity_lines": [ 29.65235, 29.745366, 29.951242, 29.826728 ] }, { "date": "2024-06-21", "close": 29.645969, "volume": 269, "typical_volume": 77969.8, "trend": 29.562693, "fair_value": 27.373076, "relative_strength": -9.001083, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 6.755978, "energy": 17.780682, "activity_lines": [ 29.585912, 29.735071, 29.917363, 29.839136 ] }, { "date": "2024-06-28", "close": 29.592396, "volume": 483, "typical_volume": 77944.9, "trend": 29.635588, "fair_value": 27.398296, "relative_strength": -8.878385, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.626414, "energy": 24.768751, "activity_lines": [ 29.555628, 29.716023, 29.876355, 29.841052 ] }, { "date": "2024-07-05", "close": 29.341413, "volume": 597, "typical_volume": 72819.85, "trend": 29.69834, "fair_value": 27.420129, "relative_strength": -11.068451, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.695216, "energy": 39.084235, "activity_lines": [ 29.470282, 29.639189, 29.811442, 29.822073 ] }, { "date": "2024-07-12", "close": 30.572518, "volume": 122969, "typical_volume": 78933.45, "trend": 29.756777, "fair_value": 27.455155, "relative_strength": -7.974098, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.853642, "energy": 16.723419, "activity_lines": [ 29.837006, 29.786859, 29.865873, 29.878472 ] }, { "date": "2024-07-19", "close": 30.455028, "volume": 120, "typical_volume": 78899.05, "trend": 29.796148, "fair_value": 27.488121, "relative_strength": -6.256591, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.071793, "energy": 25.129943, "activity_lines": [ 30.094681, 29.895311, 29.906427, 29.92352 ] }, { "date": "2024-07-26", "close": 30.874244, "volume": 105, "typical_volume": 78807.6, "trend": 29.850942, "fair_value": 27.524926, "relative_strength": -3.983738, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.762257, "energy": 51.422193, "activity_lines": [ 30.412274, 30.075469, 29.986307, 29.993075 ] }, { "date": "2024-08-02", "close": 29.973652, "volume": 926, "typical_volume": 68222.55, "trend": 29.903271, "fair_value": 27.551257, "relative_strength": -4.553011, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.797194, "energy": 35.833351, "activity_lines": [ 30.347785, 30.084281, 29.979054, 30.000992 ] }, { "date": "2024-08-09", "close": 29.748724, "volume": 116, "typical_volume": 67982.6, "trend": 29.938762, "fair_value": 27.574634, "relative_strength": -5.073743, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.85598, "energy": 29.165682, "activity_lines": [ 30.182902, 30.053065, 29.951938, 29.991021 ] }, { "date": "2024-08-16", "close": 30.560418, "volume": 373708, "typical_volume": 86517.75, "trend": 29.997051, "fair_value": 27.606063, "relative_strength": -6.017603, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.421106, "energy": 27.448766, "activity_lines": [ 30.261431, 30.173398, 30.007954, 30.031128 ] }, { "date": "2024-08-23", "close": 31.480332, "volume": 4469, "typical_volume": 86680.75, "trend": 30.07595, "fair_value": 27.64642, "relative_strength": -4.357178, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 73.131188, "energy": 40.710893, "activity_lines": [ 30.647403, 30.442148, 30.156001, 30.126823 ] }, { "date": "2024-08-30", "close": 31.505313, "volume": 4823, "typical_volume": 55961.1, "trend": 30.152123, "fair_value": 27.686203, "relative_strength": -4.341981, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.951866, "energy": 66.002065, "activity_lines": [ 30.97335, 30.675028, 30.302837, 30.21904 ] }, { "date": "2024-09-06", "close": 30.170086, "volume": 824, "typical_volume": 55962.4, "trend": 30.171389, "fair_value": 27.711548, "relative_strength": -4.271957, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.593516, "energy": 53.73212, "activity_lines": [ 30.812149, 30.631334, 30.313914, 30.220199 ] }, { "date": "2024-09-13", "close": 31.19578, "volume": 211882, "typical_volume": 66422.7, "trend": 30.218536, "fair_value": 27.746743, "relative_strength": -4.66108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.950433, "energy": 60.550964, "activity_lines": [ 30.979751, 30.763626, 30.416742, 30.286289 ] }, { "date": "2024-09-20", "close": 31.875425, "volume": 1074, "typical_volume": 66463.35, "trend": 30.280769, "fair_value": 27.78803, "relative_strength": -3.795489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.918676, "energy": 61.132233, "activity_lines": [ 31.277431, 30.985775, 30.575642, 30.393185 ] }, { "date": "2024-09-27", "close": 32.177017, "volume": 777, "typical_volume": 66466.6, "trend": 30.342372, "fair_value": 27.831485, "relative_strength": -3.276749, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.908837, "energy": 59.694331, "activity_lines": [ 31.587974, 31.239068, 30.752385, 30.515523 ] }, { "date": "2024-10-04", "close": 32.0295, "volume": 883, "typical_volume": 40090.9, "trend": 30.390414, "fair_value": 27.872642, "relative_strength": -3.850543, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.565223, "energy": 69.18977, "activity_lines": [ 31.802899, 31.434232, 30.905695, 30.62437 ] }, { "date": "2024-10-11", "close": 32.375435, "volume": 800, "typical_volume": 39350.75, "trend": 30.459565, "fair_value": 27.916358, "relative_strength": -3.820754, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.966946, "energy": 76.532012, "activity_lines": [ 32.09819, 31.671289, 31.08446, 30.752436 ] }, { "date": "2024-10-18", "close": 32.779515, "volume": 215283, "typical_volume": 50102.3, "trend": 30.51979, "fair_value": 27.963119, "relative_strength": -3.359239, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.149554, "energy": 82.523452, "activity_lines": [ 32.381152, 31.938145, 31.290499, 30.90211 ] }, { "date": "2024-10-25", "close": 31.904498, "volume": 28, "typical_volume": 49995.35, "trend": 30.533659, "fair_value": 28.000656, "relative_strength": -4.91933, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.868873, "energy": 64.540804, "activity_lines": [ 32.266858, 31.990803, 31.39981, 30.991446 ] }, { "date": "2024-11-01", "close": 31.996121, "volume": 279, "typical_volume": 47020.75, "trend": 30.575976, "fair_value": 28.038349, "relative_strength": -3.215053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.593381, "energy": 56.656636, "activity_lines": [ 32.181167, 32.035681, 31.506512, 31.085799 ] }, { "date": "2024-11-08", "close": 33.738715, "volume": 2343, "typical_volume": 47124.45, "trend": 30.710591, "fair_value": 28.091624, "relative_strength": -2.540155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.919264, "energy": 68.531213, "activity_lines": [ 32.688401, 32.388017, 31.766135, 31.289846 ] }, { "date": "2024-11-15", "close": 32.762189, "volume": 360910, "typical_volume": 65145.8, "trend": 30.838532, "fair_value": 28.13487, "relative_strength": -3.264707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.823862, "energy": 51.575672, "activity_lines": [ 32.756179, 32.522195, 31.913267, 31.422208 ] }, { "date": "2024-11-22", "close": 34.029148, "volume": 556, "typical_volume": 65143.75, "trend": 30.993565, "fair_value": 28.188946, "relative_strength": -1.118888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.198637, "energy": 77.402038, "activity_lines": [ 33.220492, 32.8396, 32.165967, 31.628054 ] }, { "date": "2024-11-29", "close": 34.429997, "volume": 331, "typical_volume": 59011.85, "trend": 31.154887, "fair_value": 28.245683, "relative_strength": -1.012235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.41267, "energy": 88.397412, "activity_lines": [ 33.735113, 33.178371, 32.434521, 31.849759 ] }, { "date": "2024-12-06", "close": 34.150235, "volume": 1207, "typical_volume": 59066.2, "trend": 31.286336, "fair_value": 28.298877, "relative_strength": -2.526918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.940173, "energy": 86.05818, "activity_lines": [ 33.988113, 33.41983, 32.658062, 32.043007 ] }, { "date": "2024-12-13", "close": 33.587283, "volume": 1309, "typical_volume": 59126.4, "trend": 31.390708, "fair_value": 28.346095, "relative_strength": -3.356255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.00708, "energy": 82.853843, "activity_lines": [ 33.909855, 33.523057, 32.810392, 32.191456 ] }, { "date": "2024-12-20", "close": 32.166122, "volume": 347298, "typical_volume": 76445.0, "trend": 31.462199, "fair_value": 28.3799, "relative_strength": -5.456382, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.956902, "energy": 46.69934, "activity_lines": [ 33.367973, 33.339567, 32.814454, 32.241482 ] }, { "date": "2024-12-27", "close": 32.163665, "volume": 1037, "typical_volume": 76491.05, "trend": 31.535423, "fair_value": 28.413091, "relative_strength": -5.817887, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.06253, "energy": 21.467959, "activity_lines": [ 32.865009, 33.159437, 32.807842, 32.286738 ] }, { "date": "2025-01-03", "close": 32.217525, "volume": 439, "typical_volume": 57827.6, "trend": 31.6252, "fair_value": 28.446173, "relative_strength": -4.947836, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.249795, "energy": 27.418306, "activity_lines": [ 32.504363, 33.000296, 32.794859, 32.330745 ] }, { "date": "2025-01-10", "close": 31.646293, "volume": 1879, "typical_volume": 57698.1, "trend": 31.704819, "fair_value": 28.47376, "relative_strength": -4.583881, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.629307, "energy": 26.505373, "activity_lines": [ 32.100806, 32.731604, 32.719583, 32.332106 ] }, { "date": "2025-01-17", "close": 32.952598, "volume": 137548, "typical_volume": 64334.35, "trend": 31.81504, "fair_value": 28.512041, "relative_strength": -3.312764, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.274281, "energy": 21.379016, "activity_lines": [ 32.299613, 32.706782, 32.767926, 32.412608 ] }, { "date": "2025-01-24", "close": 33.466039, "volume": 1444, "typical_volume": 64365.35, "trend": 31.944161, "fair_value": 28.554024, "relative_strength": -3.306644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.533762, "energy": 16.810695, "activity_lines": [ 32.711879, 32.789607, 32.858277, 32.519124 ] }, { "date": "2025-01-31", "close": 33.20755, "volume": 3461, "typical_volume": 53944.3, "trend": 32.073032, "fair_value": 28.593129, "relative_strength": -2.919303, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.665289, "energy": 23.235365, "activity_lines": [ 32.951321, 32.812636, 32.908314, 32.600633 ] }, { "date": "2025-02-07", "close": 32.898149, "volume": 714, "typical_volume": 53926.3, "trend": 32.150553, "fair_value": 28.629005, "relative_strength": -3.491182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.667354, "energy": 30.982338, "activity_lines": [ 33.018037, 32.794348, 32.919306, 32.653866 ] }, { "date": "2025-02-14", "close": 32.872988, "volume": 138790, "typical_volume": 60826.95, "trend": 32.231152, "fair_value": 28.664079, "relative_strength": -4.76865, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.242506, "energy": 29.918723, "activity_lines": [ 33.030991, 32.799338, 32.92303, 32.700475 ] }, { "date": "2025-02-21", "close": 31.884634, "volume": 2791, "typical_volume": 60922.35, "trend": 32.264832, "fair_value": 28.690477, "relative_strength": -5.915069, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.631346, "energy": 4.728337, "activity_lines": [ 32.632714, 32.647849, 32.829312, 32.678119 ] }, { "date": "2025-02-28", "close": 31.877459, "volume": 956, "typical_volume": 60930.15, "trend": 32.328292, "fair_value": 28.716387, "relative_strength": -4.821981, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.890061, "energy": 34.111747, "activity_lines": [ 32.303243, 32.526013, 32.7356, 32.653127 ] }, { "date": "2025-03-07", "close": 30.908664, "volume": 1305, "typical_volume": 50231.25, "trend": 32.366956, "fair_value": 28.734067, "relative_strength": -4.56479, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.609402, "energy": 63.189948, "activity_lines": [ 31.756746, 32.233281, 32.551993, 32.561538 ] }, { "date": "2025-03-14", "close": 30.188431, "volume": 164452, "typical_volume": 58452.45, "trend": 32.354557, "fair_value": 28.745702, "relative_strength": -4.409184, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.308399, "energy": 76.682629, "activity_lines": [ 31.12343, 31.832416, 32.308701, 32.420988 ] }, { "date": "2025-03-21", "close": 30.456455, "volume": 1271, "typical_volume": 58502.05, "trend": 32.320428, "fair_value": 28.759279, "relative_strength": -3.846104, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -77.229838, "energy": 89.429212, "activity_lines": [ 30.760103, 31.517175, 32.099107, 32.29853 ] }, { "date": "2025-03-28", "close": 30.123382, "volume": 2862, "typical_volume": 58528.0, "trend": 32.274363, "fair_value": 28.77002, "relative_strength": -3.249996, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.78574, "energy": 90.954648, "activity_lines": [ 30.446854, 31.163009, 31.865124, 32.156785 ] }, { "date": "2025-04-04", "close": 27.379965, "volume": 4068, "typical_volume": 40685.9, "trend": 32.181359, "fair_value": 28.75916, "relative_strength": -3.09917, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -96.941925, "energy": 97.794132, "activity_lines": [ 29.33655, 30.361479, 31.387079, 31.841017 ] }, { "date": "2025-04-11", "close": 27.965602, "volume": 5494, "typical_volume": 40932.8, "trend": 32.073687, "fair_value": 28.753009, "relative_strength": -6.129216, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.01831, "energy": 92.402031, "activity_lines": [ 28.72129, 29.777086, 30.990438, 31.569033 ] }, { "date": "2025-04-18", "close": 28.052319, "volume": 821, "typical_volume": 40957.3, "trend": 31.94625, "fair_value": 28.747619, "relative_strength": -4.297749, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.809446, "energy": 88.7817, "activity_lines": [ 28.331141, 29.303767, 30.63093, 31.30959 ] }, { "date": "2025-04-25", "close": 29.149292, "volume": 1228, "typical_volume": 40958.35, "trend": 31.845326, "fair_value": 28.750685, "relative_strength": -4.747096, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.624382, "energy": 71.739471, "activity_lines": [ 28.449057, 29.118004, 30.406266, 31.129141 ] }, { "date": "2025-05-02", "close": 30.1424, "volume": 1120, "typical_volume": 40948.9, "trend": 31.782422, "fair_value": 28.761228, "relative_strength": -4.123404, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.943709, "energy": 54.83122, "activity_lines": [ 28.985153, 29.180509, 30.299997, 31.019275 ] }, { "date": "2025-05-09", "close": 30.409548, "volume": 2035, "typical_volume": 23685.75, "trend": 31.716893, "fair_value": 28.773622, "relative_strength": -2.695364, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.525619, "energy": 33.656595, "activity_lines": [ 29.60903, 29.323264, 30.235575, 30.930702 ] }, { "date": "2025-05-16", "close": 31.830331, "volume": 77372, "typical_volume": 27502.5, "trend": 31.685253, "fair_value": 28.796433, "relative_strength": -3.109726, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.267427, "energy": 24.063626, "activity_lines": [ 30.50453, 29.751032, 30.314831, 30.938021 ] }, { "date": "2025-05-23", "close": 30.719759, "volume": 2455, "typical_volume": 27603.3, "trend": 31.645762, "fair_value": 28.81068, "relative_strength": -3.907352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.023537, "energy": 29.132123, "activity_lines": [ 30.77219, 29.96012, 30.289905, 30.875731 ] }, { "date": "2025-05-30", "close": 31.106242, "volume": 1519, "typical_volume": 27585.3, "trend": 31.616099, "fair_value": 28.827559, "relative_strength": -4.236477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.50369, "energy": 25.207072, "activity_lines": [ 30.990849, 30.229818, 30.308919, 30.840923 ] }, { "date": "2025-06-06", "close": 31.511152, "volume": 1116, "typical_volume": 20763.7, "trend": 31.541847, "fair_value": 28.847147, "relative_strength": -4.455393, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.224481, "energy": 22.478094, "activity_lines": [ 31.214014, 30.561321, 30.369068, 30.834152 ] }, { "date": "2025-06-13", "close": 30.924727, "volume": 1812, "typical_volume": 20782.1, "trend": 31.480598, "fair_value": 28.862202, "relative_strength": -5.805643, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.963239, "energy": 16.848078, "activity_lines": [ 31.150455, 30.76097, 30.380231, 30.794338 ] }, { "date": "2025-06-20", "close": 31.100428, "volume": 185005, "typical_volume": 29859.3, "trend": 31.382974, "fair_value": 28.878305, "relative_strength": -5.02573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.812352, "energy": 14.949588, "activity_lines": [ 31.111116, 30.928113, 30.420228, 30.769811 ] }, { "date": "2025-06-27", "close": 31.824135, "volume": 7761, "typical_volume": 30211.65, "trend": 31.296112, "fair_value": 28.899346, "relative_strength": -5.96797, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.358379, "energy": 30.460194, "activity_lines": [ 31.361674, 31.169843, 30.539184, 30.798273 ] }, { "date": "2025-07-04", "close": 32.588169, "volume": 6796, "typical_volume": 23611.95, "trend": 31.244044, "fair_value": 28.925508, "relative_strength": -5.268585, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 40.865992, "energy": 52.167756, "activity_lines": [ 31.793285, 31.48191, 30.73602, 30.881632 ] }, { "date": "2025-07-11", "close": 32.4492, "volume": 88494, "typical_volume": 27897.1, "trend": 31.206107, "fair_value": 28.950323, "relative_strength": -5.305157, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.553957, "energy": 62.967586, "activity_lines": [ 32.079778, 31.706185, 30.920977, 30.959384 ] }, { "date": "2025-07-18", "close": 32.489626, "volume": 206322, "typical_volume": 38165.4, "trend": 31.216891, "fair_value": 28.975073, "relative_strength": -5.640337, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.226111, "energy": 68.451453, "activity_lines": [ 32.317209, 31.895868, 31.107095, 31.042191 ] }, { "date": "2025-07-25", "close": 33.194257, "volume": 5723, "typical_volume": 38386.3, "trend": 31.251244, "fair_value": 29.004373, "relative_strength": -4.857339, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.7691, "energy": 78.982816, "activity_lines": [ 32.685191, 32.175846, 31.357406, 31.169763 ] }, { "date": "2025-08-01", "close": 32.077561, "volume": 10581, "typical_volume": 30692.75, "trend": 31.246578, "fair_value": 29.025567, "relative_strength": -5.606262, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.123004, "energy": 65.331798, "activity_lines": [ 32.541352, 32.22799, 31.490481, 31.223074 ] }, { "date": "2025-08-08", "close": 32.099998, "volume": 7885, "typical_volume": 31023.45, "trend": 31.261702, "fair_value": 29.046625, "relative_strength": -7.632919, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.877939, "energy": 54.571833, "activity_lines": [ 32.388097, 32.259526, 31.616697, 31.278133 ] }, { "date": "2025-08-15", "close": 32.697091, "volume": 94102, "typical_volume": 35585.45, "trend": 31.253185, "fair_value": 29.071458, "relative_strength": -6.665562, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.038786, "energy": 51.051884, "activity_lines": [ 32.466418, 32.381556, 31.791953, 31.370739 ] }, { "date": "2025-08-22", "close": 33.547017, "volume": 7659, "typical_volume": 35765.0, "trend": 31.255884, "fair_value": 29.101699, "relative_strength": -4.357758, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.342015, "energy": 58.437146, "activity_lines": [ 32.811521, 32.636556, 32.035899, 31.518728 ] }, { "date": "2025-08-29", "close": 33.485637, "volume": 10130, "typical_volume": 35996.8, "trend": 31.265154, "fair_value": 29.131121, "relative_strength": -4.336044, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.735869, "energy": 71.437315, "activity_lines": [ 33.065672, 32.832718, 32.244631, 31.662583 ] }, { "date": "2025-09-05", "close": 34.069881, "volume": 4642, "typical_volume": 36187.85, "trend": 31.304212, "fair_value": 29.164046, "relative_strength": -2.862423, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.726616, "energy": 87.817698, "activity_lines": [ 33.495146, 33.091738, 32.482721, 31.843533 ] }, { "date": "2025-09-12", "close": 34.022141, "volume": 6299, "typical_volume": 36441.4, "trend": 31.342517, "fair_value": 29.196219, "relative_strength": -4.348232, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.135885, "energy": 86.230244, "activity_lines": [ 33.775884, 33.301246, 32.687608, 32.018884 ] }, { "date": "2025-09-19", "close": 34.025007, "volume": 2069, "typical_volume": 36488.85, "trend": 31.413863, "fair_value": 29.227987, "relative_strength": -5.322629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.645494, "energy": 79.712971, "activity_lines": [ 33.929436, 33.485204, 32.869565, 32.191948 ] }, { "date": "2025-09-26", "close": 33.605428, "volume": 2559, "typical_volume": 36515.05, "trend": 31.471462, "fair_value": 29.256598, "relative_strength": -6.017228, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.38722, "energy": 59.703654, "activity_lines": [ 33.854599, 33.564223, 32.993072, 32.333339 ] }, { "date": "2025-10-03", "close": 33.883528, "volume": 3509, "typical_volume": 32821.9, "trend": 31.570624, "fair_value": 29.286643, "relative_strength": -6.087196, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.631337, "energy": 56.291443, "activity_lines": [ 33.868569, 33.673519, 33.127848, 32.488956 ] }, { "date": "2025-10-10", "close": 32.798491, "volume": 9081, "typical_volume": 33153.2, "trend": 31.657626, "fair_value": 29.3093, "relative_strength": -6.630577, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.820654, "energy": 36.827003, "activity_lines": [ 33.494334, 33.573003, 33.149509, 32.568173 ] }, { "date": "2025-10-17", "close": 33.459785, "volume": 183907, "typical_volume": 42272.6, "trend": 31.757737, "fair_value": 29.335906, "relative_strength": -6.163762, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.653244, "energy": 28.478722, "activity_lines": [ 33.425289, 33.579614, 33.224251, 32.684442 ] }, { "date": "2025-10-24", "close": 34.122962, "volume": 3407, "typical_volume": 42387.15, "trend": 31.891056, "fair_value": 29.394311, "relative_strength": -5.939672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.63878, "energy": 35.821143, "activity_lines": [ 33.614794, 33.68208, 33.350947, 32.837037 ] }, { "date": "2025-10-31", "close": 33.804907, "volume": 7840, "typical_volume": 42688.55, "trend": 32.105221, "fair_value": 29.453972, "relative_strength": -7.235528, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.432976, "energy": 30.418064, "activity_lines": [ 33.69175, 33.700793, 33.434914, 32.960511 ] }, { "date": "2025-11-07", "close": 33.502119, "volume": 10167, "typical_volume": 33946.65, "trend": 32.289771, "fair_value": 29.501104, "relative_strength": -6.305667, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.184679, "energy": 30.958019, "activity_lines": [ 33.654478, 33.659764, 33.476328, 33.050634 ] }, { "date": "2025-11-14", "close": 33.290247, "volume": 198500, "typical_volume": 43483.6, "trend": 32.464369, "fair_value": 29.549174, "relative_strength": -6.793589, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.763145, "energy": 27.532326, "activity_lines": [ 33.572009, 33.579914, 33.486128, 33.11518 ] }, { "date": "2025-11-21", "close": 33.184659, "volume": 10896, "typical_volume": 43688.6, "trend": 32.598881, "fair_value": 29.592855, "relative_strength": -5.013479, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.302653, "energy": 16.325479, "activity_lines": [ 33.421561, 33.49504, 33.478891, 33.161651 ] }, { "date": "2025-11-28", "close": 34.401162, "volume": 1778, "typical_volume": 39352.8, "trend": 32.74084, "fair_value": 29.642319, "relative_strength": -4.782567, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.184789, "energy": 31.218306, "activity_lines": [ 33.694955, 33.646577, 33.584671, 33.277927 ] }, { "date": "2025-12-05", "close": 34.442703, "volume": 3279, "typical_volume": 29200.65, "trend": 32.875278, "fair_value": 29.698964, "relative_strength": -4.757481, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 65.768297, "energy": 39.273257, "activity_lines": [ 33.96365, 33.798826, 33.685111, 33.387725 ] }, { "date": "2025-12-12", "close": 34.760065, "volume": 114000, "typical_volume": 34614.5, "trend": 32.972936, "fair_value": 29.760248, "relative_strength": -3.13947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.425354, "energy": 65.279571, "activity_lines": [ 34.295613, 33.993555, 33.806477, 33.509324 ] }, { "date": "2025-12-19", "close": 34.869917, "volume": 4586, "typical_volume": 34314.75, "trend": 33.111275, "fair_value": 29.821821, "relative_strength": -2.815511, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.236281, "energy": 75.471854, "activity_lines": [ 34.580329, 34.19232, 33.930848, 33.63171 ] }, { "date": "2025-12-26", "close": 35.113696, "volume": 2406, "typical_volume": 34040.8, "trend": 33.244857, "fair_value": 29.885148, "relative_strength": -3.379363, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.823637, "energy": 79.789792, "activity_lines": [ 34.840994, 34.397746, 34.065139, 33.760898 ] }, { "date": "2026-01-02", "close": 34.803052, "volume": 43393, "typical_volume": 31505.35, "trend": 33.354587, "fair_value": 29.941915, "relative_strength": -3.087424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.791862, "energy": 71.526651, "activity_lines": [ 34.869509, 34.51662, 34.155494, 33.861427 ] }, { "date": "2026-01-09", "close": 35.893887, "volume": 4021, "typical_volume": 31323.45, "trend": 33.520225, "fair_value": 29.998584, "relative_strength": -1.495591, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.870653, "energy": 81.610526, "activity_lines": [ 35.234842, 34.821463, 34.33971, 34.025253 ] }, { "date": "2026-01-16", "close": 36.175576, "volume": 5443, "typical_volume": 31089.1, "trend": 33.689397, "fair_value": 30.058484, "relative_strength": -0.249233, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.68533, "energy": 86.464868, "activity_lines": [ 35.597326, 35.13954, 34.539578, 34.196566 ] }, { "date": "2026-01-23", "close": 36.234282, "volume": 473185, "typical_volume": 54516.25, "trend": 33.836402, "fair_value": 30.114588, "relative_strength": 0.379692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.961633, "energy": 85.171964, "activity_lines": [ 35.885012, 35.419683, 34.732228, 34.360752 ] }, { "date": "2026-01-30", "close": 35.558567, "volume": 3479, "typical_volume": 54375.25, "trend": 33.935415, "fair_value": 30.161763, "relative_strength": -1.72218, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.366074, "energy": 79.438597, "activity_lines": [ 35.856501, 35.523441, 34.850217, 34.471859 ] }, { "date": "2026-02-06", "close": 36.736765, "volume": 4540, "typical_volume": 54498.8, "trend": 34.078334, "fair_value": 30.220732, "relative_strength": 1.815288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.363203, "energy": 83.292911, "activity_lines": [ 36.191065, 35.798254, 35.073099, 34.652591 ] }, { "date": "2026-02-13", "close": 36.298162, "volume": 10509, "typical_volume": 54896.3, "trend": 34.205285, "fair_value": 30.27571, "relative_strength": 1.957561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.101764, "energy": 60.35468, "activity_lines": [ 36.250514, 35.950856, 35.241296, 34.795806 ] }, { "date": "2026-02-20", "close": 36.640646, "volume": 1226592, "typical_volume": 116050.45, "trend": 34.320165, "fair_value": 30.337692, "relative_strength": 1.796405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.174696, "energy": 62.294627, "activity_lines": [ 36.397173, 36.131993, 35.429289, 34.952926 ] }, { "date": "2026-02-27", "close": 36.619751, "volume": 5077, "typical_volume": 115850.25, "trend": 34.471571, "fair_value": 30.395444, "relative_strength": 2.282268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.823487, "energy": 62.887723, "activity_lines": [ 36.505861, 36.275137, 35.602162, 35.101287 ] }, { "date": "2026-03-06", "close": 34.964841, "volume": 2138, "typical_volume": 106761.8, "trend": 34.567066, "fair_value": 30.455899, "relative_strength": -0.278927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.017501, "energy": 34.830572, "activity_lines": [ 36.037216, 36.085574, 35.599228, 35.13311 ] }, { "date": "2026-03-13", "close": 34.31629, "volume": 379867, "typical_volume": 125584.8, "trend": 34.621039, "fair_value": 30.517818, "relative_strength": -0.54761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.750465, "energy": 15.648265, "activity_lines": [ 35.391968, 35.780799, 35.527361, 35.116931 ] }, { "date": "2026-03-20", "close": 33.829927, "volume": 9908, "typical_volume": 125688.2, "trend": 34.630469, "fair_value": 30.575278, "relative_strength": -0.069211, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -13.912513, "energy": 28.025348, "activity_lines": [ 34.745964, 35.396445, 35.408252, 35.065892 ] }, { "date": "2026-03-27", "close": 33.82494, "volume": 5615, "typical_volume": 125460.6, "trend": 34.641779, "fair_value": 30.625011, "relative_strength": 2.253849, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.052772, "energy": 42.147708, "activity_lines": [ 34.262847, 35.04871, 35.28855, 35.013922 ] }, { "date": "2026-04-03", "close": 34.941932, "volume": 6660, "typical_volume": 115868.6, "trend": 34.670848, "fair_value": 30.686968, "relative_strength": 2.186668, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.054113, "energy": 34.31811, "activity_lines": [ 34.339775, 34.946804, 35.27369, 35.033287 ] }, { "date": "2026-04-10", "close": 35.740453, "volume": 495125, "typical_volume": 140080.05, "trend": 34.728125, "fair_value": 30.751939, "relative_strength": 0.90087, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 13.000736, "energy": 19.945911, "activity_lines": [ 34.79473, 35.01358, 35.327015, 35.102294 ] }, { "date": "2026-04-17", "close": 37.349963, "volume": 50378, "typical_volume": 142510.05, "trend": 34.838957, "fair_value": 30.82622, "relative_strength": 0.93789, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.961, "energy": 31.991152, "activity_lines": [ 35.734482, 35.369688, 35.521457, 35.271445 ] }, { "date": "2026-04-24", "close": 37.211433, "volume": 4221, "typical_volume": 142557.15, "trend": 34.959157, "fair_value": 30.899744, "relative_strength": 0.080822, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.705598, "energy": 51.596501, "activity_lines": [ 36.425812, 35.689459, 35.688662, 35.424508 ] }, { "date": "2026-05-01", "close": 37.081372, "volume": 3612, "typical_volume": 137037.75, "trend": 35.065752, "fair_value": 30.974153, "relative_strength": -1.112194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.982564, "energy": 64.347789, "activity_lines": [ 36.848355, 35.968978, 35.830297, 35.561425 ] }, { "date": "2026-05-08", "close": 37.828427, "volume": 1157, "typical_volume": 136866.3, "trend": 35.233416, "fair_value": 31.05469, "relative_strength": -1.323465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.0292, "energy": 81.047452, "activity_lines": [ 37.30282, 36.376312, 36.032026, 35.739662 ] }, { "date": "2026-05-15", "close": 36.967468, "volume": 142423, "typical_volume": 143867.15, "trend": 35.350339, "fair_value": 31.127271, "relative_strength": -3.622777, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.831188, "energy": 73.648784, "activity_lines": [ 37.277866, 36.605132, 36.137671, 35.851536 ] }, { "date": "2026-05-22", "close": 37.728088, "volume": 1199, "typical_volume": 141757.45, "trend": 35.47051, "fair_value": 31.205551, "relative_strength": -2.38268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.59359, "energy": 66.823374, "activity_lines": [ 37.424651, 36.935835, 36.306928, 36.004939 ] }, { "date": "2026-05-29", "close": 38.217315, "volume": 3958, "typical_volume": 141754.3, "trend": 35.61759, "fair_value": 31.283247, "relative_strength": -2.430186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.761532, "energy": 66.342343, "activity_lines": [ 37.709304, 37.293456, 36.50885, 36.182152 ] }, { "date": "2026-06-05", "close": 37.959885, "volume": 4861, "typical_volume": 141725.2, "trend": 35.766182, "fair_value": 31.357192, "relative_strength": -0.536149, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.587212, "energy": 55.654248, "activity_lines": [ 37.841087, 37.524501, 36.67519, 36.333268 ] }, { "date": "2026-06-12", "close": 38.868719, "volume": 96564, "typical_volume": 122894.15, "trend": 35.952131, "fair_value": 31.433478, "relative_strength": 1.268272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.357772, "energy": 73.641909, "activity_lines": [ 38.217248, 37.845607, 36.91959, 36.533432 ] }, { "date": "2026-06-19", "close": 38.7223, "volume": 106, "typical_volume": 122725.5, "trend": 36.136719, "fair_value": 31.513311, "relative_strength": -0.003019, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.541981, "energy": 76.808657, "activity_lines": [ 38.47525, 38.068696, 37.137499, 36.712152 ] }, { "date": "2026-06-26", "close": 39.2572, "volume": 5147, "typical_volume": 122755.85, "trend": 36.298587, "fair_value": 31.58975, "relative_strength": 3.788042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.205937, "energy": 81.245661, "activity_lines": [ 38.794563, 38.334824, 37.391287, 36.913474 ] }, { "date": "2026-07-03", "close": 39.4625, "volume": 7645, "typical_volume": 122612.65, "trend": 36.465914, "fair_value": 31.668961, "relative_strength": 2.107678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.142413, "energy": 86.974326, "activity_lines": [ 39.080368, 38.603602, 37.652624, 37.117597 ] }, { "date": "2026-07-10", "close": 39.2848, "volume": 2011, "typical_volume": 61383.6, "trend": 36.616738, "fair_value": 31.742036, "relative_strength": 0.299856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.676493, "energy": 82.847624, "activity_lines": [ 39.223928, 38.799142, 37.88197, 37.299461 ] }, { "date": "2026-07-17", "close": 39.2405, "volume": 70157, "typical_volume": 64637.6, "trend": 36.762425, "fair_value": 31.812966, "relative_strength": 1.741372, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.846379, "energy": 82.334581, "activity_lines": [ 39.264393, 38.946566, 38.094505, 37.468736 ] }, { "date": "2026-07-24", "close": 38.941, "volume": 1404, "typical_volume": 64600.9, "trend": 36.890001, "fair_value": 31.881369, "relative_strength": 1.559777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.175466, "energy": 65.735718, "activity_lines": [ 39.18024, 39.013861, 38.266037, 37.609289 ] }, { "date": "2026-07-31", "close": 39.1958, "volume": 1069, "typical_volume": 45661.0, "trend": 37.036426, "fair_value": 31.954411, "relative_strength": 1.104515, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.633826, "energy": 55.879592, "activity_lines": [ 39.16644, 39.091601, 38.442901, 37.75805 ] }, { "date": "2026-08-07", "close": 40.6053, "volume": 443, "typical_volume": 45187.75, "trend": 37.193473, "fair_value": 32.038229, "relative_strength": 1.128265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.14535, "energy": 68.386202, "activity_lines": [ 39.626567, 39.398928, 38.730767, 37.9883 ] } ], "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." } } }