{ "ticker": { "uuid": "2fa06796-7884-4b32-b963-8c647ae3441b", "symbol": "AAMI", "name": "Acadian Asset Management Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 79.393, "architecture_energy": 80.211, "architecture_maturity": 54.0, "architecture_confidence": 86.082, "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": 7.83, "rotation_up": 76.03, "upward_expansion": 93.05, "deceleration": 44.13, "rotation_down": 13.24, "downward_expansion": 17.38 }, "activity_lines": [ 85.672667, 81.893198, 77.097438, 72.021722 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 89.85, "trend_reference": 65.678849, "distance_from_trend": 0.36802, "trend_direction": "Improving", "fair_value": 35.654781, "distance_from_fair_value": 1.519999, "fair_value_direction": "Improving", "relative_strength": 39.960604, "relative_strength_direction": "Improving", "price_momentum": 0.768199, "excess_performance": 0.642574, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.36802, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.201515, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 1.519999, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.307045, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.399606, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.09816, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.768199, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.023934, "read": "Demand-led" } ], "volume": { "latest": 2046902, "relative_activity": 0.97752, "balance": 2.023934, "dry_up": 0.990832, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.080053, "annualized_volatility": 0.303469, "from_high_reference": -0.040166, "from_low_reference": 1.174143 }, "levels": { "trend_reference": 65.678849, "fair_value_reference": 35.654781, "structural_low": 48.89068, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 30, "median_return": 0.026472, "positive_rate": 0.633333, "directional_follow_through": 0.633333, "median_excess_return": 0.007056, "regime_survival": 0.766667, "best_return": 0.265719, "worst_return": -0.201859, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.053133, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.01516, "regime_survival": 0.4, "best_return": 0.544078, "worst_return": -0.225524, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.070686, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.02333, "regime_survival": 0.333333, "best_return": 0.525993, "worst_return": 0.006135, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.039402, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.111277, "regime_survival": 0.25, "best_return": 1.383135, "worst_return": -0.266995, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-05-17", "tenure": "Established", "return": 0.015579, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-24", "end": "2024-07-19", "tenure": "Developing", "return": 0.097564, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-12-27", "tenure": "Established", "return": 0.035382, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-17", "tenure": "New", "return": -0.033669, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-24", "end": "2025-02-14", "tenure": "New", "return": -0.004264, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-21", "end": "2025-03-14", "tenure": "New", "return": -0.043563, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-04-11", "tenure": "New", "return": 0.02546, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.045437, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-09", "end": "2025-06-13", "tenure": "Developing", "return": 0.060926, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-10-10", "tenure": "Established", "return": 0.397444, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2026-01-09", "tenure": "Established", "return": 0.108539, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-16", "end": "2026-03-06", "tenure": "Developing", "return": -0.05971, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-10", "tenure": "Developing", "return": 0.228039, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": 0.348589, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 20.664406, "volume": 661196, "typical_volume": 862677.35, "trend": 22.416011, "fair_value": 21.318777, "relative_strength": -8.289586, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.104816, "energy": 35.025032, "activity_lines": [ 20.551204, 20.702682, 21.183166, 21.658386 ] }, { "date": "2023-08-25", "close": 21.021888, "volume": 729990, "typical_volume": 874840.4, "trend": 22.364043, "fair_value": 21.364625, "relative_strength": -7.524047, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.676498, "energy": 38.150037, "activity_lines": [ 20.630644, 20.740777, 21.12571, 21.568442 ] }, { "date": "2023-09-01", "close": 20.942447, "volume": 858036, "typical_volume": 893096.15, "trend": 22.209884, "fair_value": 21.413254, "relative_strength": -10.230851, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.350665, "energy": 30.691376, "activity_lines": [ 20.722, 20.783206, 21.066268, 21.476727 ] }, { "date": "2023-09-08", "close": 20.207625, "volume": 794236, "typical_volume": 914425.65, "trend": 22.01767, "fair_value": 21.459702, "relative_strength": -12.268398, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.721525, "energy": 30.419318, "activity_lines": [ 20.59953, 20.678308, 20.947766, 21.347549 ] }, { "date": "2023-09-15", "close": 20.148035, "volume": 1122207, "typical_volume": 946949.2, "trend": 21.832731, "fair_value": 21.504059, "relative_strength": -12.466775, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.021969, "energy": 30.940258, "activity_lines": [ 20.473747, 20.573409, 20.838717, 21.226927 ] }, { "date": "2023-09-22", "close": 19.959271, "volume": 642566, "typical_volume": 938422.35, "trend": 21.677216, "fair_value": 21.551196, "relative_strength": -10.807972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.782279, "energy": 38.311033, "activity_lines": [ 20.26121, 20.428773, 20.722474, 21.106059 ] }, { "date": "2023-09-29", "close": 19.263826, "volume": 1200172, "typical_volume": 972882.9, "trend": 21.477354, "fair_value": 21.590835, "relative_strength": -13.420135, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.138563, "energy": 61.110143, "activity_lines": [ 19.863868, 20.182249, 20.551725, 20.950356 ] }, { "date": "2023-10-06", "close": 17.833196, "volume": 816981, "typical_volume": 990374.55, "trend": 21.309175, "fair_value": 21.61079, "relative_strength": -20.075453, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.707915, "energy": 79.49925, "activity_lines": [ 19.106853, 19.718047, 20.255322, 20.715249 ] }, { "date": "2023-10-13", "close": 17.197361, "volume": 766884, "typical_volume": 1006957.3, "trend": 21.16347, "fair_value": 21.62097, "relative_strength": -22.994894, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.447432, "energy": 90.101198, "activity_lines": [ 18.345176, 19.203255, 19.92064, 20.449971 ] }, { "date": "2023-10-20", "close": 16.372762, "volume": 532152, "typical_volume": 998504.95, "trend": 20.961825, "fair_value": 21.629728, "relative_strength": -24.670667, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -88.75896, "energy": 94.633372, "activity_lines": [ 17.509318, 18.597783, 19.528855, 20.140893 ] }, { "date": "2023-10-27", "close": 15.498488, "volume": 723763, "typical_volume": 971841.7, "trend": 20.698283, "fair_value": 21.641683, "relative_strength": -26.582986, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.27704, "energy": 95.540845, "activity_lines": [ 16.633719, 17.895493, 19.082612, 19.788419 ] }, { "date": "2023-11-03", "close": 16.621135, "volume": 1671255, "typical_volume": 971586.35, "trend": 20.512527, "fair_value": 21.653933, "relative_strength": -25.238429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.054827, "energy": 87.816299, "activity_lines": [ 16.429722, 17.491246, 18.777156, 19.525378 ] }, { "date": "2023-11-10", "close": 16.104519, "volume": 1368785, "typical_volume": 974178.15, "trend": 20.27481, "fair_value": 21.645265, "relative_strength": -28.157759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.508453, "energy": 86.58675, "activity_lines": [ 16.229699, 17.073084, 18.448372, 19.24099 ] }, { "date": "2023-11-17", "close": 17.147686, "volume": 953398, "typical_volume": 959256.95, "trend": 20.066903, "fair_value": 21.639801, "relative_strength": -24.902733, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.357822, "energy": 63.85136, "activity_lines": [ 16.492643, 16.93255, 18.238381, 19.03924 ] }, { "date": "2023-11-24", "close": 17.813327, "volume": 536995, "typical_volume": 953507.1, "trend": 19.913607, "fair_value": 21.638414, "relative_strength": -22.448945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.890581, "energy": 46.609865, "activity_lines": [ 16.98078, 16.968677, 18.109193, 18.893848 ] }, { "date": "2023-12-01", "close": 18.071635, "volume": 661460, "typical_volume": 899909.3, "trend": 19.768591, "fair_value": 21.6314, "relative_strength": -21.61165, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.130382, "energy": 33.606941, "activity_lines": [ 17.458981, 17.094218, 18.014304, 18.775011 ] }, { "date": "2023-12-08", "close": 18.469032, "volume": 639402, "typical_volume": 891477.3, "trend": 19.667922, "fair_value": 21.627821, "relative_strength": -19.780971, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.859772, "energy": 28.197537, "activity_lines": [ 17.898105, 17.326335, 17.972683, 18.691169 ] }, { "date": "2023-12-15", "close": 19.33318, "volume": 1070574, "typical_volume": 881969.45, "trend": 19.56198, "fair_value": 21.63257, "relative_strength": -17.750324, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.371421, "energy": 23.127158, "activity_lines": [ 18.502085, 17.730019, 18.028261, 18.669572 ] }, { "date": "2023-12-22", "close": 18.716904, "volume": 1476141, "typical_volume": 896363.0, "trend": 19.462626, "fair_value": 21.632163, "relative_strength": -20.754312, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.442374, "energy": 23.52028, "activity_lines": [ 18.685396, 17.994381, 18.035032, 18.615051 ] }, { "date": "2023-12-29", "close": 19.044922, "volume": 1811840, "typical_volume": 951901.65, "trend": 19.350053, "fair_value": 21.632086, "relative_strength": -19.206571, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.899477, "energy": 19.125704, "activity_lines": [ 18.873431, 18.290755, 18.081323, 18.588103 ] }, { "date": "2024-01-05", "close": 18.269607, "volume": 1849856, "typical_volume": 1011334.65, "trend": 19.20535, "fair_value": 21.622857, "relative_strength": -20.800667, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.096372, "energy": 16.986299, "activity_lines": [ 18.720922, 18.397578, 18.057325, 18.518396 ] }, { "date": "2024-01-12", "close": 19.174141, "volume": 1957950, "typical_volume": 1072732.65, "trend": 19.109334, "fair_value": 21.611949, "relative_strength": -17.960692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.528823, "energy": 13.116379, "activity_lines": [ 18.856726, 18.618477, 18.130878, 18.516383 ] }, { "date": "2024-01-19", "close": 20.456393, "volume": 1811157, "typical_volume": 1120388.7, "trend": 19.118288, "fair_value": 21.611288, "relative_strength": -12.982149, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.392331, "energy": 43.988886, "activity_lines": [ 19.37294, 19.026095, 18.335348, 18.60329 ] }, { "date": "2024-01-26", "close": 22.066663, "volume": 1979808, "typical_volume": 1179667.3, "trend": 19.160396, "fair_value": 21.6366, "relative_strength": -6.677427, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 50.479482, "energy": 63.903225, "activity_lines": [ 20.35103, 19.647364, 18.695492, 18.793508 ] }, { "date": "2024-02-02", "close": 21.231708, "volume": 2264177, "typical_volume": 1236765.8, "trend": 19.206448, "fair_value": 21.643698, "relative_strength": -10.761456, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.368948, "energy": 68.346886, "activity_lines": [ 20.827484, 20.027387, 18.967264, 18.927141 ] }, { "date": "2024-02-09", "close": 21.261528, "volume": 2597901, "typical_volume": 1334532.55, "trend": 19.204837, "fair_value": 21.654281, "relative_strength": -11.068284, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 40.249058, "energy": 68.274142, "activity_lines": [ 21.168093, 20.35068, 19.236715, 19.059727 ] }, { "date": "2024-02-16", "close": 21.490147, "volume": 2171824, "typical_volume": 1383115.15, "trend": 19.201248, "fair_value": 21.670511, "relative_strength": -9.036365, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.260819, "energy": 75.797038, "activity_lines": [ 21.385446, 20.657541, 19.521739, 19.207166 ] }, { "date": "2024-02-23", "close": 22.335042, "volume": 1227819, "typical_volume": 1403657.05, "trend": 19.23211, "fair_value": 21.699001, "relative_strength": -6.285011, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.233237, "energy": 70.14122, "activity_lines": [ 21.730031, 21.063091, 19.876627, 19.409346 ] }, { "date": "2024-03-01", "close": 22.504021, "volume": 1253652, "typical_volume": 1427995.45, "trend": 19.300382, "fair_value": 21.721034, "relative_strength": -5.74063, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.105061, "energy": 68.093607, "activity_lines": [ 22.005699, 21.444785, 20.226171, 19.620437 ] }, { "date": "2024-03-08", "close": 22.822099, "volume": 1469818, "typical_volume": 1474878.75, "trend": 19.401433, "fair_value": 21.739467, "relative_strength": -3.576126, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.111217, "energy": 70.05763, "activity_lines": [ 22.358235, 21.815454, 20.580738, 19.847645 ] }, { "date": "2024-03-15", "close": 22.46423, "volume": 1103667, "typical_volume": 1493873.95, "trend": 19.461427, "fair_value": 21.757635, "relative_strength": -4.556734, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.315185, "energy": 70.388922, "activity_lines": [ 22.485456, 22.05238, 20.870511, 20.045245 ] }, { "date": "2024-03-22", "close": 22.39462, "volume": 873461, "typical_volume": 1453984.25, "trend": 19.507185, "fair_value": 21.777005, "relative_strength": -6.363721, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.228694, "energy": 64.009558, "activity_lines": [ 22.509293, 22.200385, 21.120485, 20.234483 ] }, { "date": "2024-03-29", "close": 22.712838, "volume": 940447, "typical_volume": 1432567.35, "trend": 19.566198, "fair_value": 21.790807, "relative_strength": -4.789093, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.839914, "energy": 55.043605, "activity_lines": [ 22.578905, 22.347692, 21.373273, 20.441299 ] }, { "date": "2024-04-05", "close": 22.792393, "volume": 869912, "typical_volume": 1428393.05, "trend": 19.652357, "fair_value": 21.791554, "relative_strength": -3.148614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.570689, "energy": 50.632705, "activity_lines": [ 22.649849, 22.468438, 21.602168, 20.649441 ] }, { "date": "2024-04-12", "close": 22.225566, "volume": 719930, "typical_volume": 1437539.8, "trend": 19.721608, "fair_value": 21.787335, "relative_strength": -3.598462, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.736392, "energy": 44.422282, "activity_lines": [ 22.512626, 22.47293, 21.750201, 20.815454 ] }, { "date": "2024-04-19", "close": 22.871947, "volume": 893083, "typical_volume": 1449120.95, "trend": 19.818697, "fair_value": 21.785993, "relative_strength": 2.846811, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.865935, "energy": 46.716781, "activity_lines": [ 22.630632, 22.576875, 21.938784, 21.018702 ] }, { "date": "2024-04-26", "close": 22.484119, "volume": 766932, "typical_volume": 1455497.45, "trend": 19.92604, "fair_value": 21.787426, "relative_strength": -1.061014, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.617883, "energy": 42.059703, "activity_lines": [ 22.59218, 22.581026, 22.067571, 21.190665 ] }, { "date": "2024-05-03", "close": 22.434397, "volume": 1036194, "typical_volume": 1453778.45, "trend": 20.079414, "fair_value": 21.785878, "relative_strength": -1.387561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.122079, "energy": 35.914093, "activity_lines": [ 22.531188, 22.558064, 22.172504, 21.352494 ] }, { "date": "2024-05-10", "close": 22.643228, "volume": 1014856, "typical_volume": 1430714.2, "trend": 20.260943, "fair_value": 21.784717, "relative_strength": -1.891938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.908378, "energy": 36.962295, "activity_lines": [ 22.55837, 22.571265, 22.282558, 21.517901 ] }, { "date": "2024-05-17", "close": 22.683005, "volume": 1321446, "typical_volume": 1406194.5, "trend": 20.471284, "fair_value": 21.787235, "relative_strength": -2.823748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.482239, "energy": 38.843879, "activity_lines": [ 22.608754, 22.589167, 22.377703, 21.674163 ] }, { "date": "2024-05-24", "close": 22.434397, "volume": 1164403, "typical_volume": 1371921.85, "trend": 20.702481, "fair_value": 21.78987, "relative_strength": -3.46435, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.593201, "energy": 32.082438, "activity_lines": [ 22.545773, 22.564396, 22.431847, 21.800816 ] }, { "date": "2024-05-31", "close": 22.046568, "volume": 1479465, "typical_volume": 1347997.6, "trend": 20.883329, "fair_value": 21.789957, "relative_strength": -4.284596, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.611514, "energy": 24.378294, "activity_lines": [ 22.382686, 22.469654, 22.429222, 21.887531 ] }, { "date": "2024-06-07", "close": 21.837738, "volume": 1382784, "typical_volume": 1326578.95, "trend": 21.074436, "fair_value": 21.785787, "relative_strength": -5.853288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.750076, "energy": 11.556628, "activity_lines": [ 22.179159, 22.343271, 22.393031, 21.949106 ] }, { "date": "2024-06-14", "close": 22.295177, "volume": 1291832, "typical_volume": 1292180.15, "trend": 21.246019, "fair_value": 21.784866, "relative_strength": -5.028395, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.58021, "energy": 12.913897, "activity_lines": [ 22.167889, 22.315969, 22.393828, 22.027864 ] }, { "date": "2024-06-21", "close": 21.897226, "volume": 2414532, "typical_volume": 1299697.9, "trend": 21.382149, "fair_value": 21.773467, "relative_strength": -7.029185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.785464, "energy": 11.202645, "activity_lines": [ 22.047172, 22.225353, 22.355636, 22.069877 ] }, { "date": "2024-06-28", "close": 22.056406, "volume": 2230455, "typical_volume": 1281325.6, "trend": 21.514975, "fair_value": 21.761947, "relative_strength": -6.008324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.105145, "energy": 10.72862, "activity_lines": [ 22.031901, 22.169649, 22.329435, 22.113377 ] }, { "date": "2024-07-05", "close": 22.255381, "volume": 728280, "typical_volume": 1209148.4, "trend": 21.641186, "fair_value": 21.751386, "relative_strength": -6.701903, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.019747, "energy": 7.317356, "activity_lines": [ 22.108153, 22.16495, 22.318399, 22.161145 ] }, { "date": "2024-07-12", "close": 23.79744, "volume": 1256985, "typical_volume": 1210606.7, "trend": 21.789995, "fair_value": 21.753499, "relative_strength": -0.942324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.623622, "energy": 28.312988, "activity_lines": [ 22.684505, 22.444784, 22.450582, 22.300259 ] }, { "date": "2024-07-19", "close": 24.623187, "volume": 763044, "typical_volume": 1186076.3, "trend": 21.986871, "fair_value": 21.759638, "relative_strength": 4.71677, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.091584, "energy": 64.654428, "activity_lines": [ 23.405458, 22.849971, 22.654444, 22.483045 ] }, { "date": "2024-07-26", "close": 25.866782, "volume": 667121, "typical_volume": 1145941.45, "trend": 22.214266, "fair_value": 21.766962, "relative_strength": 10.925011, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.781569, "energy": 82.936163, "activity_lines": [ 24.385743, 23.445267, 22.966652, 22.733362 ] }, { "date": "2024-08-02", "close": 23.349745, "volume": 1311886, "typical_volume": 1156352.4, "trend": 22.383604, "fair_value": 21.749209, "relative_strength": 2.419504, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.704817, "energy": 69.093941, "activity_lines": [ 24.262378, 23.525034, 23.024644, 22.806619 ] }, { "date": "2024-08-09", "close": 22.295177, "volume": 991776, "typical_volume": 1162268.15, "trend": 22.487639, "fair_value": 21.722604, "relative_strength": -2.081725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.520748, "energy": 45.483507, "activity_lines": [ 23.701268, 23.396418, 22.977984, 22.800914 ] }, { "date": "2024-08-16", "close": 23.558669, "volume": 739893, "typical_volume": 1152240.45, "trend": 22.591048, "fair_value": 21.706824, "relative_strength": -0.264972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.864907, "energy": 29.086172, "activity_lines": [ 23.558669, 23.493007, 23.05213, 22.870012 ] }, { "date": "2024-08-23", "close": 23.518874, "volume": 462736, "typical_volume": 1131881.65, "trend": 22.639455, "fair_value": 21.682482, "relative_strength": -1.524651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.45662, "energy": 17.728254, "activity_lines": [ 23.418723, 23.551072, 23.118458, 22.929872 ] }, { "date": "2024-08-30", "close": 24.265032, "volume": 938344, "typical_volume": 1142802.35, "trend": 22.740566, "fair_value": 21.664254, "relative_strength": 1.504949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.803815, "energy": 19.092603, "activity_lines": [ 23.601117, 23.722553, 23.252389, 23.034748 ] }, { "date": "2024-09-06", "close": 23.051282, "volume": 622090, "typical_volume": 1129252.7, "trend": 22.800224, "fair_value": 21.64294, "relative_strength": 0.741491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.523296, "energy": 17.127949, "activity_lines": [ 23.485712, 23.6303, 23.261014, 23.054794 ] }, { "date": "2024-09-13", "close": 24.364519, "volume": 813976, "typical_volume": 1131604.9, "trend": 22.896037, "fair_value": 21.630805, "relative_strength": 2.498285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.840196, "energy": 28.067698, "activity_lines": [ 23.827949, 23.75873, 23.393855, 23.155716 ] }, { "date": "2024-09-20", "close": 25.439424, "volume": 1784378, "typical_volume": 1169014.1, "trend": 22.999516, "fair_value": 21.624608, "relative_strength": 5.627818, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.436932, "energy": 50.363579, "activity_lines": [ 24.390532, 24.044249, 23.620113, 23.319806 ] }, { "date": "2024-09-27", "close": 25.300085, "volume": 653633, "typical_volume": 1150952.95, "trend": 23.092718, "fair_value": 21.621072, "relative_strength": 4.523886, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.704417, "energy": 55.500751, "activity_lines": [ 24.781285, 24.274579, 23.818791, 23.46823 ] }, { "date": "2024-10-04", "close": 23.578246, "volume": 1103561, "typical_volume": 1140058.7, "trend": 23.117923, "fair_value": 21.603389, "relative_strength": -2.805342, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.897648, "energy": 42.952405, "activity_lines": [ 24.479344, 24.17954, 23.840833, 23.499554 ] }, { "date": "2024-10-11", "close": 25.91716, "volume": 1190303, "typical_volume": 1141353.7, "trend": 23.233021, "fair_value": 21.599747, "relative_strength": 5.412634, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.469767, "energy": 54.905832, "activity_lines": [ 25.002827, 24.551368, 24.081366, 23.68015 ] }, { "date": "2024-10-18", "close": 26.97216, "volume": 1017170, "typical_volume": 1118238.95, "trend": 23.385606, "fair_value": 21.601473, "relative_strength": 8.432201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.789931, "energy": 62.239502, "activity_lines": [ 25.686918, 25.068334, 24.40579, 23.921385 ] }, { "date": "2024-10-25", "close": 25.698198, "volume": 688276, "typical_volume": 1083513.55, "trend": 23.485118, "fair_value": 21.575999, "relative_strength": 4.012715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.638094, "energy": 47.531101, "activity_lines": [ 25.772512, 25.268635, 24.585429, 24.070584 ] }, { "date": "2024-11-01", "close": 27.300603, "volume": 782416, "typical_volume": 1058042.75, "trend": 23.635391, "fair_value": 21.55883, "relative_strength": 11.591103, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.12593, "energy": 74.864735, "activity_lines": [ 26.37499, 25.721381, 24.899295, 24.316745 ] }, { "date": "2024-11-08", "close": 29.112017, "volume": 1261280, "typical_volume": 1000380.15, "trend": 23.86494, "fair_value": 21.550227, "relative_strength": 13.004968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.597366, "energy": 83.381886, "activity_lines": [ 27.447905, 26.434717, 25.361842, 24.670075 ] }, { "date": "2024-11-15", "close": 29.450413, "volume": 1204956, "typical_volume": 949105.2, "trend": 24.084222, "fair_value": 21.546268, "relative_strength": 16.138427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.551797, "energy": 81.88183, "activity_lines": [ 28.2647, 27.121452, 25.82226, 25.030429 ] }, { "date": "2024-11-22", "close": 30.823903, "volume": 1148691, "typical_volume": 970125.75, "trend": 24.362215, "fair_value": 21.552572, "relative_strength": 18.92311, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.606772, "energy": 88.774291, "activity_lines": [ 29.303775, 27.941565, 26.378278, 25.465247 ] }, { "date": "2024-11-29", "close": 31.032913, "volume": 566006, "typical_volume": 935576.8, "trend": 24.648832, "fair_value": 21.578108, "relative_strength": 17.726934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.051213, "energy": 89.646731, "activity_lines": [ 30.155737, 28.682236, 26.913398, 25.895614 ] }, { "date": "2024-12-06", "close": 30.784092, "volume": 846759, "typical_volume": 939762.55, "trend": 24.920194, "fair_value": 21.589296, "relative_strength": 15.267146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.39922, "energy": 85.713856, "activity_lines": [ 30.569111, 29.275967, 27.390367, 26.291438 ] }, { "date": "2024-12-13", "close": 29.987866, "volume": 928181, "typical_volume": 952815.55, "trend": 25.163689, "fair_value": 21.614541, "relative_strength": 12.558296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.620809, "energy": 75.999935, "activity_lines": [ 30.484844, 29.625221, 27.762167, 26.618384 ] }, { "date": "2024-12-20", "close": 26.891509, "volume": 2130901, "typical_volume": 993766.3, "trend": 25.31226, "fair_value": 21.624063, "relative_strength": 2.580499, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.784928, "energy": 45.489609, "activity_lines": [ 29.310068, 29.294962, 27.819452, 26.729856 ] }, { "date": "2024-12-27", "close": 26.781992, "volume": 533097, "typical_volume": 970832.35, "trend": 25.470107, "fair_value": 21.633263, "relative_strength": 1.305402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.775117, "energy": 23.368066, "activity_lines": [ 28.269379, 28.927076, 27.849441, 26.824678 ] }, { "date": "2025-01-03", "close": 25.726642, "volume": 691600, "typical_volume": 968417.7, "trend": 25.599737, "fair_value": 21.644013, "relative_strength": -2.349028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.41485, "energy": 23.321502, "activity_lines": [ 27.146369, 28.370765, 27.757555, 26.841228 ] }, { "date": "2025-01-10", "close": 23.934539, "volume": 857799, "typical_volume": 988170.85, "trend": 25.654383, "fair_value": 21.642323, "relative_strength": -7.377489, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.046055, "energy": 30.986326, "activity_lines": [ 25.779742, 27.4881, 27.484668, 26.733796 ] }, { "date": "2025-01-17", "close": 24.860459, "volume": 1036906, "typical_volume": 993098.95, "trend": 25.753157, "fair_value": 21.66307, "relative_strength": -6.491387, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.810015, "energy": 38.910648, "activity_lines": [ 25.178391, 26.834986, 27.297985, 26.682575 ] }, { "date": "2025-01-24", "close": 25.686818, "volume": 573448, "typical_volume": 990666.85, "trend": 25.874171, "fair_value": 21.695652, "relative_strength": -4.886172, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.607725, "energy": 37.955374, "activity_lines": [ 25.194321, 26.40942, 27.187168, 26.678295 ] }, { "date": "2025-01-31", "close": 24.810678, "volume": 518934, "typical_volume": 975914.75, "trend": 25.959347, "fair_value": 21.705861, "relative_strength": -7.100128, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.088727, "energy": 48.275738, "activity_lines": [ 24.998517, 25.892984, 26.980358, 26.609683 ] }, { "date": "2025-02-07", "close": 25.109362, "volume": 879237, "typical_volume": 930657.7, "trend": 26.003078, "fair_value": 21.715002, "relative_strength": -5.769668, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.452351, "energy": 34.138391, "activity_lines": [ 25.033696, 25.540186, 26.79987, 26.554845 ] }, { "date": "2025-02-14", "close": 25.5773, "volume": 941049, "typical_volume": 945028.5, "trend": 26.034882, "fair_value": 21.724605, "relative_strength": -5.35285, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.251268, "energy": 23.761543, "activity_lines": [ 25.266005, 25.380169, 26.66552, 26.527376 ] }, { "date": "2025-02-21", "close": 25.597212, "volume": 689335, "typical_volume": 924317.2, "trend": 26.025896, "fair_value": 21.734144, "relative_strength": -3.659763, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -7.829181, "energy": 17.471435, "activity_lines": [ 25.395435, 25.318441, 26.531745, 26.499139 ] }, { "date": "2025-02-28", "close": 24.551819, "volume": 675845, "typical_volume": 898594.3, "trend": 26.065965, "fair_value": 21.744535, "relative_strength": -6.571859, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.57833, "energy": 25.414611, "activity_lines": [ 25.127283, 25.146471, 26.288796, 26.404037 ] }, { "date": "2025-03-07", "close": 24.133661, "volume": 1356050, "typical_volume": 915538.3, "trend": 26.127248, "fair_value": 21.749199, "relative_strength": -5.116592, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.304098, "energy": 28.357309, "activity_lines": [ 24.795412, 24.941013, 26.012523, 26.279372 ] }, { "date": "2025-03-14", "close": 24.482126, "volume": 1124427, "typical_volume": 937345.85, "trend": 26.15803, "fair_value": 21.742508, "relative_strength": -1.462073, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -30.364325, "energy": 31.821893, "activity_lines": [ 24.62483, 24.847063, 25.782954, 26.173235 ] }, { "date": "2025-03-21", "close": 25.428343, "volume": 1414024, "typical_volume": 968926.25, "trend": 26.221679, "fair_value": 21.752678, "relative_strength": 1.758273, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.504581, "energy": 40.25433, "activity_lines": [ 24.81147, 24.947781, 25.649292, 26.126159 ] }, { "date": "2025-03-28", "close": 25.757029, "volume": 1105597, "typical_volume": 961142.1, "trend": 26.271412, "fair_value": 21.761399, "relative_strength": 4.508956, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.984364, "energy": 25.264844, "activity_lines": [ 25.117602, 25.081099, 25.555848, 26.096181 ] }, { "date": "2025-04-04", "close": 22.868576, "volume": 1621640, "typical_volume": 981976.3, "trend": 26.265322, "fair_value": 21.766842, "relative_strength": 2.008217, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.040104, "energy": 39.84699, "activity_lines": [ 24.450263, 24.672943, 25.20329, 25.876644 ] }, { "date": "2025-04-11", "close": 26.075755, "volume": 2018047, "typical_volume": 1025444.1, "trend": 26.322363, "fair_value": 21.794369, "relative_strength": 9.843472, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.370555, "energy": 18.285849, "activity_lines": [ 24.964199, 24.899151, 25.18752, 25.864413 ] }, { "date": "2025-04-18", "close": 26.523963, "volume": 854773, "typical_volume": 1039882.45, "trend": 26.358515, "fair_value": 21.826292, "relative_strength": 13.15315, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -20.146186, "energy": 11.556932, "activity_lines": [ 25.498064, 25.18385, 25.237047, 25.87742 ] }, { "date": "2025-04-25", "close": 26.822768, "volume": 1266901, "typical_volume": 1060889.55, "trend": 26.409271, "fair_value": 21.870989, "relative_strength": 9.208114, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.413517, "energy": 7.363475, "activity_lines": [ 25.995409, 25.497157, 25.336502, 25.907372 ] }, { "date": "2025-05-02", "close": 27.729145, "volume": 1386553, "typical_volume": 1083808.15, "trend": 26.547634, "fair_value": 21.920162, "relative_strength": 9.475345, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.855322, "energy": 27.800851, "activity_lines": [ 26.701918, 25.952615, 25.541143, 25.992525 ] }, { "date": "2025-05-09", "close": 29.263013, "volume": 1496315, "typical_volume": 1052078.85, "trend": 26.659162, "fair_value": 21.982914, "relative_strength": 15.637038, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.381015, "energy": 53.101305, "activity_lines": [ 27.788242, 26.648196, 25.902621, 26.167711 ] }, { "date": "2025-05-16", "close": 30.119588, "volume": 1886720, "typical_volume": 1119760.0, "trend": 26.764077, "fair_value": 22.050141, "relative_strength": 12.687846, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.878395, "energy": 64.432103, "activity_lines": [ 28.733795, 27.41386, 26.334386, 26.390964 ] }, { "date": "2025-05-23", "close": 29.11361, "volume": 1141435, "typical_volume": 1142251.75, "trend": 26.877924, "fair_value": 22.107999, "relative_strength": 11.411768, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.746355, "energy": 63.769594, "activity_lines": [ 29.074433, 27.887783, 26.65445, 26.542547 ] }, { "date": "2025-05-30", "close": 29.990106, "volume": 763055, "typical_volume": 1137514.55, "trend": 26.967574, "fair_value": 22.168363, "relative_strength": 12.354914, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.429941, "energy": 66.996968, "activity_lines": [ 29.534594, 28.436861, 27.041861, 26.743333 ] }, { "date": "2025-06-06", "close": 30.368593, "volume": 1175282, "typical_volume": 1144433.35, "trend": 27.00946, "fair_value": 22.23776, "relative_strength": 11.482391, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.505476, "energy": 64.941464, "activity_lines": [ 29.909761, 28.971813, 27.436483, 26.962753 ] }, { "date": "2025-06-13", "close": 31.045885, "volume": 1101876, "typical_volume": 1170854.75, "trend": 27.062642, "fair_value": 22.318487, "relative_strength": 13.876039, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.52174, "energy": 69.150005, "activity_lines": [ 30.334728, 29.546063, 27.869379, 27.223168 ] }, { "date": "2025-06-20", "close": 31.534091, "volume": 979042, "typical_volume": 1193860.15, "trend": 27.086315, "fair_value": 22.39815, "relative_strength": 15.255282, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.021524, "energy": 75.038237, "activity_lines": [ 30.803573, 30.060399, 28.323252, 27.511648 ] }, { "date": "2025-06-27", "close": 35.13087, "volume": 1401767, "typical_volume": 1219986.65, "trend": 27.222914, "fair_value": 22.508238, "relative_strength": 23.264543, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.936433, "energy": 88.574179, "activity_lines": [ 32.377044, 31.129452, 29.087659, 28.030652 ] }, { "date": "2025-07-04", "close": 37.442374, "volume": 997471, "typical_volume": 1222807.75, "trend": 27.444856, "fair_value": 22.635939, "relative_strength": 28.160107, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.527211, "energy": 96.610926, "activity_lines": [ 34.319866, 32.46229, 30.024487, 28.689972 ] }, { "date": "2025-07-11", "close": 39.156075, "volume": 1633505, "typical_volume": 1270016.25, "trend": 27.750463, "fair_value": 22.775134, "relative_strength": 33.310981, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.733253, "energy": 97.818944, "activity_lines": [ 36.337103, 33.913626, 31.068025, 29.445534 ] }, { "date": "2025-07-18", "close": 39.913291, "volume": 1546430, "typical_volume": 1313545.5, "trend": 28.184523, "fair_value": 22.912131, "relative_strength": 34.036074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.164109, "energy": 96.042075, "activity_lines": [ 38.020914, 35.294875, 32.119113, 30.230233 ] }, { "date": "2025-07-25", "close": 39.773804, "volume": 767518, "typical_volume": 1284118.9, "trend": 28.617583, "fair_value": 23.046963, "relative_strength": 30.812136, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.472184, "energy": 92.324328, "activity_lines": [ 39.067068, 36.457122, 33.083767, 30.977928 ] }, { "date": "2025-08-01", "close": 39.435049, "volume": 1585434, "typical_volume": 1307169.25, "trend": 29.07453, "fair_value": 23.180068, "relative_strength": 31.893037, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.505383, "energy": 88.37319, "activity_lines": [ 39.450991, 37.382245, 33.941681, 31.675829 ] }, { "date": "2025-08-08", "close": 44.486482, "volume": 1386170, "typical_volume": 1305776.55, "trend": 29.759595, "fair_value": 23.337995, "relative_strength": 43.600532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.785952, "energy": 80.988121, "activity_lines": [ 41.231778, 39.038148, 35.209479, 32.670149 ] }, { "date": "2025-08-15", "close": 46.867729, "volume": 1140710, "typical_volume": 1307532.2, "trend": 30.493171, "fair_value": 23.515125, "relative_strength": 48.069332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.848671, "energy": 76.99311, "activity_lines": [ 43.336708, 40.863435, 36.61331, 33.7739 ] }, { "date": "2025-08-22", "close": 48.800624, "volume": 1163574, "typical_volume": 1284628.9, "trend": 31.263631, "fair_value": 23.712141, "relative_strength": 51.755703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.015969, "energy": 76.499457, "activity_lines": [ 45.571826, 42.740173, 38.100699, 34.955026 ] }, { "date": "2025-08-29", "close": 50.783337, "volume": 1136905, "typical_volume": 1240571.8, "trend": 32.129386, "fair_value": 23.927775, "relative_strength": 55.87095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.158224, "energy": 87.168804, "activity_lines": [ 47.875359, 44.654591, 39.653432, 36.214361 ] }, { "date": "2025-09-05", "close": 44.297178, "volume": 2990271, "typical_volume": 1347346.7, "trend": 32.76898, "fair_value": 24.094653, "relative_strength": 34.212385, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.748919, "energy": 67.344685, "activity_lines": [ 47.28287, 45.039721, 40.470781, 36.99938 ] }, { "date": "2025-09-12", "close": 48.402089, "volume": 2129272, "typical_volume": 1390465.25, "trend": 33.529806, "fair_value": 24.298199, "relative_strength": 42.779833, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.091932, "energy": 68.278274, "activity_lines": [ 47.734543, 46.004538, 41.594439, 38.007968 ] }, { "date": "2025-09-19", "close": 48.691087, "volume": 1949544, "typical_volume": 1418614.8, "trend": 34.299602, "fair_value": 24.511797, "relative_strength": 40.414693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.986628, "energy": 66.053182, "activity_lines": [ 48.021508, 46.822633, 42.642862, 38.986115 ] }, { "date": "2025-09-26", "close": 48.77081, "volume": 1259457, "typical_volume": 1406771.9, "trend": 35.106902, "fair_value": 24.729656, "relative_strength": 39.560404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.604803, "energy": 61.93795, "activity_lines": [ 48.213491, 47.481859, 43.599058, 39.919741 ] }, { "date": "2025-10-03", "close": 46.080144, "volume": 1047508, "typical_volume": 1364811.3, "trend": 35.838451, "fair_value": 24.917682, "relative_strength": 29.125222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.56374, "energy": 54.843488, "activity_lines": [ 47.510572, 47.490827, 44.206107, 40.627693 ] }, { "date": "2025-10-10", "close": 44.067128, "volume": 1288144, "typical_volume": 1372146.75, "trend": 36.491285, "fair_value": 25.088036, "relative_strength": 25.53974, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.319138, "energy": 41.286952, "activity_lines": [ 46.450194, 47.019132, 44.545437, 41.158575 ] }, { "date": "2025-10-17", "close": 46.189764, "volume": 1032821, "typical_volume": 1385635.05, "trend": 37.183332, "fair_value": 25.273587, "relative_strength": 28.287302, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.575556, "energy": 32.88282, "activity_lines": [ 46.112698, 46.849151, 45.015716, 41.784283 ] }, { "date": "2025-10-24", "close": 48.023403, "volume": 687399, "typical_volume": 1361240.9, "trend": 37.925544, "fair_value": 25.4632, "relative_strength": 29.651535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.164386, "energy": 31.476896, "activity_lines": [ 46.533904, 46.981589, 45.583486, 42.483643 ] }, { "date": "2025-10-31", "close": 47.933714, "volume": 1864674, "typical_volume": 1399380.8, "trend": 38.761049, "fair_value": 25.647789, "relative_strength": 27.515288, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.250863, "energy": 30.419946, "activity_lines": [ 46.969725, 47.076709, 46.058643, 43.129331 ] }, { "date": "2025-11-07", "close": 44.316263, "volume": 1498409, "typical_volume": 1425349.15, "trend": 39.369066, "fair_value": 25.804803, "relative_strength": 19.142464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.674232, "energy": 25.475483, "activity_lines": [ 46.255536, 46.529872, 46.108863, 43.487732 ] }, { "date": "2025-11-14", "close": 43.748234, "volume": 879163, "typical_volume": 1399218.95, "trend": 39.943208, "fair_value": 25.961227, "relative_strength": 16.870732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.912128, "energy": 15.721653, "activity_lines": [ 45.469596, 45.997341, 46.044118, 43.770259 ] }, { "date": "2025-11-21", "close": 43.150308, "volume": 1077132, "typical_volume": 1403202.0, "trend": 40.48746, "fair_value": 26.111656, "relative_strength": 17.001184, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.717561, "energy": 11.400195, "activity_lines": [ 44.505606, 45.366076, 45.881392, 43.977169 ] }, { "date": "2025-11-28", "close": 44.684984, "volume": 718613, "typical_volume": 1357457.4, "trend": 41.052654, "fair_value": 26.265758, "relative_strength": 16.313445, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.275083, "energy": 14.60456, "activity_lines": [ 44.255806, 45.10933, 45.837645, 44.247977 ] }, { "date": "2025-12-05", "close": 46.618278, "volume": 1154906, "typical_volume": 1337881.2, "trend": 41.631163, "fair_value": 26.440898, "relative_strength": 20.25065, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.655316, "energy": 13.295332, "activity_lines": [ 44.872999, 45.276931, 45.951694, 44.607049 ] }, { "date": "2025-12-12", "close": 47.535097, "volume": 1527206, "typical_volume": 1375865.6, "trend": 42.21168, "fair_value": 26.62719, "relative_strength": 22.510154, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.19292, "energy": 18.764248, "activity_lines": [ 45.883493, 45.650363, 46.121129, 44.987948 ] }, { "date": "2025-12-19", "close": 47.385584, "volume": 1381914, "typical_volume": 1365689.6, "trend": 42.820746, "fair_value": 26.808072, "relative_strength": 21.015241, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.682807, "energy": 25.453246, "activity_lines": [ 46.629561, 45.970156, 46.239367, 45.321748 ] }, { "date": "2025-12-26", "close": 48.222856, "volume": 671336, "typical_volume": 1329947.9, "trend": 43.428504, "fair_value": 26.986308, "relative_strength": 20.440405, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.381115, "energy": 37.021948, "activity_lines": [ 47.41223, 46.381846, 46.399486, 45.670272 ] }, { "date": "2026-01-02", "close": 47.226104, "volume": 529363, "typical_volume": 1299380.55, "trend": 43.990421, "fair_value": 27.155801, "relative_strength": 18.19774, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 51.280491, "energy": 38.325795, "activity_lines": [ 47.524478, 46.575343, 46.446883, 45.915278 ] }, { "date": "2026-01-09", "close": 51.203144, "volume": 1265061, "typical_volume": 1304454.9, "trend": 44.66233, "fair_value": 27.347735, "relative_strength": 24.823166, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 70.990369, "energy": 57.407897, "activity_lines": [ 48.792998, 47.506434, 46.87134, 46.380615 ] }, { "date": "2026-01-16", "close": 54.253205, "volume": 973997, "typical_volume": 1296309.5, "trend": 45.419634, "fair_value": 27.550318, "relative_strength": 31.16802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.390281, "energy": 72.421103, "activity_lines": [ 50.772547, 48.932638, 47.574838, 46.999381 ] }, { "date": "2026-01-23", "close": 55.010736, "volume": 975490, "typical_volume": 1195570.45, "trend": 46.082296, "fair_value": 27.758201, "relative_strength": 31.896079, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.796842, "energy": 76.784893, "activity_lines": [ 52.556733, 50.315903, 48.333959, 47.618162 ] }, { "date": "2026-01-30", "close": 55.239989, "volume": 1153844, "typical_volume": 1146799.05, "trend": 46.67555, "fair_value": 27.948411, "relative_strength": 30.342243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.270827, "energy": 83.10245, "activity_lines": [ 53.908993, 51.536077, 49.063896, 48.208981 ] }, { "date": "2026-02-06", "close": 50.814411, "volume": 2048660, "typical_volume": 1151754.85, "trend": 47.064161, "fair_value": 28.107644, "relative_strength": 18.965262, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.550961, "energy": 69.884748, "activity_lines": [ 53.318252, 51.731788, 49.339788, 48.476004 ] }, { "date": "2026-02-13", "close": 51.681585, "volume": 1242633, "typical_volume": 1150913.65, "trend": 47.456437, "fair_value": 28.274217, "relative_strength": 21.311155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.998025, "energy": 48.0787, "activity_lines": [ 52.777348, 51.973724, 49.688158, 48.773903 ] }, { "date": "2026-02-20", "close": 53.057102, "volume": 684412, "typical_volume": 1132758.85, "trend": 47.899214, "fair_value": 28.456476, "relative_strength": 21.885038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.737586, "energy": 39.972659, "activity_lines": [ 52.663053, 52.373693, 50.153668, 49.135236 ] }, { "date": "2026-02-27", "close": 53.685056, "volume": 1825482, "typical_volume": 1159625.75, "trend": 48.374214, "fair_value": 28.63869, "relative_strength": 22.584955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.485063, "energy": 34.241233, "activity_lines": [ 52.837817, 52.787436, 50.645759, 49.508516 ] }, { "date": "2026-03-06", "close": 51.013761, "volume": 1538559, "typical_volume": 1184912.65, "trend": 48.59179, "fair_value": 28.819044, "relative_strength": 17.656715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.616455, "energy": 25.608732, "activity_lines": [ 52.210528, 52.600952, 50.837642, 49.678809 ] }, { "date": "2026-03-13", "close": 50.365872, "volume": 1228538, "typical_volume": 1211969.6, "trend": 48.708395, "fair_value": 29.003642, "relative_strength": 16.816032, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.530567, "energy": 21.215998, "activity_lines": [ 51.649024, 52.245928, 50.94485, 49.793266 ] }, { "date": "2026-03-20", "close": 50.765364, "volume": 1650276, "typical_volume": 1201249.7, "trend": 48.773886, "fair_value": 29.18533, "relative_strength": 18.75826, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.183564, "energy": 16.620552, "activity_lines": [ 51.250587, 51.906451, 51.07895, 49.925974 ] }, { "date": "2026-03-27", "close": 52.153596, "volume": 1082333, "typical_volume": 1180445.9, "trend": 48.819562, "fair_value": 29.369617, "relative_strength": 23.517446, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.586777, "energy": 17.993706, "activity_lines": [ 51.375975, 51.827339, 51.331778, 50.14402 ] }, { "date": "2026-04-03", "close": 55.209705, "volume": 1349429, "typical_volume": 1203959.2, "trend": 49.183312, "fair_value": 29.581257, "relative_strength": 25.034197, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.593731, "energy": 28.120742, "activity_lines": [ 52.5803, 52.342059, 51.838344, 50.556287 ] }, { "date": "2026-04-10", "close": 61.851249, "volume": 1893849, "typical_volume": 1244795.05, "trend": 49.631618, "fair_value": 29.828791, "relative_strength": 33.615003, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 78.555046, "energy": 61.894399, "activity_lines": [ 55.89683, 54.060715, 52.92286, 51.373573 ] }, { "date": "2026-04-17", "close": 66.62517, "volume": 1742254, "typical_volume": 1295977.1, "trend": 50.229421, "fair_value": 30.105972, "relative_strength": 36.063907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.077967, "energy": 84.50014, "activity_lines": [ 60.082168, 56.527151, 54.372982, 52.469931 ] }, { "date": "2026-04-24", "close": 67.69381, "volume": 1287966, "typical_volume": 1302630.1, "trend": 50.860187, "fair_value": 30.396239, "relative_strength": 35.785629, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.798833, "energy": 90.81268, "activity_lines": [ 63.539766, 58.900417, 55.820403, 53.596666 ] }, { "date": "2026-05-01", "close": 65.406722, "volume": 2181723, "typical_volume": 1335355.95, "trend": 51.504406, "fair_value": 30.671781, "relative_strength": 28.515608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.881076, "energy": 85.838279, "activity_lines": [ 65.106438, 60.566718, 56.949646, 54.535152 ] }, { "date": "2026-05-08", "close": 68.542729, "volume": 1539634, "typical_volume": 1343241.95, "trend": 52.32026, "fair_value": 30.973407, "relative_strength": 30.144581, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.5832, "energy": 90.905992, "activity_lines": [ 66.834903, 62.578663, 58.292453, 55.634399 ] }, { "date": "2026-05-15", "close": 68.732487, "volume": 2026443, "typical_volume": 1410997.3, "trend": 53.071684, "fair_value": 31.269696, "relative_strength": 28.784275, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.352063, "energy": 86.284788, "activity_lines": [ 67.737754, 64.35497, 59.552585, 56.693252 ] }, { "date": "2026-05-22", "close": 71.488978, "volume": 2323065, "typical_volume": 1500682.4, "trend": 53.85387, "fair_value": 31.588872, "relative_strength": 31.213261, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.368014, "energy": 72.17122, "activity_lines": [ 69.100685, 66.310299, 60.977574, 57.881465 ] }, { "date": "2026-05-29", "close": 72.218049, "volume": 2052065, "typical_volume": 1540032.6, "trend": 54.663348, "fair_value": 31.908076, "relative_strength": 29.156399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.383023, "energy": 74.013855, "activity_lines": [ 70.382387, 68.014129, 62.356461, 59.066251 ] }, { "date": "2026-06-05", "close": 73.9059, "volume": 1657180, "typical_volume": 1574191.75, "trend": 55.649669, "fair_value": 32.236892, "relative_strength": 33.863065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.016686, "energy": 68.360119, "activity_lines": [ 71.925089, 69.634793, 63.796025, 60.307705 ] }, { "date": "2026-06-12", "close": 78.54, "volume": 1690749, "typical_volume": 1609954.7, "trend": 56.809394, "fair_value": 32.598978, "relative_strength": 39.540953, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.108229, "energy": 78.490045, "activity_lines": [ 74.445879, 71.702524, 65.583348, 61.784501 ] }, { "date": "2026-06-19", "close": 75.15, "volume": 4738501, "typical_volume": 1789187.55, "trend": 57.876051, "fair_value": 32.9513, "relative_strength": 30.735654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.758815, "energy": 60.502978, "activity_lines": [ 75.170185, 72.729704, 66.935769, 62.967766 ] }, { "date": "2026-06-26", "close": 72.2, "volume": 3921618, "typical_volume": 1882835.45, "trend": 58.793218, "fair_value": 33.280765, "relative_strength": 27.348703, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.807536, "energy": 54.422425, "activity_lines": [ 74.483323, 72.978725, 67.912428, 63.891892 ] }, { "date": "2026-07-03", "close": 73.09, "volume": 1777835, "typical_volume": 1909595.55, "trend": 59.675609, "fair_value": 33.622046, "relative_strength": 25.022954, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.810597, "energy": 49.246475, "activity_lines": [ 74.045727, 73.288204, 68.872013, 64.814265 ] }, { "date": "2026-07-10", "close": 81.66, "volume": 2315736, "typical_volume": 1991161.75, "trend": 60.813105, "fair_value": 34.008906, "relative_strength": 36.308356, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.735988, "energy": 55.334968, "activity_lines": [ 76.406667, 75.057752, 70.545844, 66.232613 ] }, { "date": "2026-07-17", "close": 82.79, "volume": 1975141, "typical_volume": 1998644.7, "trend": 61.993253, "fair_value": 34.401163, "relative_strength": 38.778992, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.409962, "energy": 58.430509, "activity_lines": [ 78.627333, 76.73724, 72.191089, 67.650477 ] }, { "date": "2026-07-24", "close": 80.88, "volume": 1526047, "typical_volume": 1998019.1, "trend": 63.081824, "fair_value": 34.782387, "relative_strength": 34.879766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.245277, "energy": 59.221484, "activity_lines": [ 79.928, 77.810414, 73.515835, 68.868977 ] }, { "date": "2026-07-31", "close": 86.49, "volume": 2751014, "typical_volume": 2074142.9, "trend": 64.390621, "fair_value": 35.205682, "relative_strength": 40.946256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.003212, "energy": 77.532, "activity_lines": [ 82.716667, 79.682725, 75.232647, 70.379181 ] }, { "date": "2026-08-07", "close": 89.85, "volume": 2046902, "typical_volume": 2093974.2, "trend": 65.678849, "fair_value": 35.654781, "relative_strength": 39.960604, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.392577, "energy": 80.211197, "activity_lines": [ 85.672667, 81.893198, 77.097438, 72.021722 ] } ], "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." } } }