{ "ticker": { "uuid": "32b00e3d-4892-4717-9a7c-8ed6fb557829", "symbol": "GGM", "name": "NORTHERN LIGHTS FUND TRUST II GGM MACRO ALIGNMENT 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": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 91.168, "architecture_energy": 87.538, "architecture_maturity": 22.339, "architecture_confidence": 69.311, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 0.0, "rotation_up": 84.04, "upward_expansion": 96.01, "deceleration": 42.45, "rotation_down": 12.73, "downward_expansion": 18.01 }, "activity_lines": [ 30.820953, 30.513842, 29.837513, 29.454956 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 31.3365, "trend_reference": 29.035627, "distance_from_trend": 0.079243, "trend_direction": "Improving", "fair_value": 26.67721, "distance_from_fair_value": 0.174654, "fair_value_direction": "Improving", "relative_strength": -0.544962, "relative_strength_direction": "Improving", "price_momentum": 0.097143, "excess_performance": -0.028481, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079243, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.036369, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.174654, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.078232, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.00545, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.064057, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.097143, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 9.552754, "read": "Demand-led" } ], "volume": { "latest": 7316, "relative_activity": 1.755636, "balance": 9.552754, "dry_up": 0.497462, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.014751, "annualized_volatility": 0.104723, "from_high_reference": -0.002658, "from_low_reference": 0.217689 }, "levels": { "trend_reference": 29.035627, "fair_value_reference": 26.67721, "structural_low": 27.457, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.009888, "positive_rate": 0.607143, "directional_follow_through": 0.607143, "median_excess_return": -0.00645, "regime_survival": 0.892857, "best_return": 0.193129, "worst_return": -0.073489, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.03498, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.031442, "regime_survival": 0.8, "best_return": 0.199362, "worst_return": -0.108148, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.06479, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.043547, "regime_survival": 0.8, "best_return": 0.210372, "worst_return": -0.113589, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.132736, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.074244, "regime_survival": 0.5, "best_return": 0.288792, "worst_return": -0.02332, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2021-07-09", "end": "2024-04-19", "tenure": "Extended", "return": 0.234047, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-10", "tenure": "New", "return": 0.019372, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-12-13", "tenure": "Extended", "return": 0.050417, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-20", "end": "2025-01-31", "tenure": "Developing", "return": 0.032253, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.034442, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-07", "end": "2025-06-13", "tenure": "Established", "return": -0.007111, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-08-01", "tenure": "Developing", "return": 0.021723, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-08", "end": "2025-09-05", "tenure": "Developing", "return": 0.00066, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2026-03-20", "tenure": "Extended", "return": 0.03523, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-06-12", "tenure": "Developing", "return": 0.051758, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.051412, "active": true } ], "chart_path": [ { "date": "2021-09-17", "close": 21.14786, "volume": 553730, "typical_volume": 321857.1, "trend": 19.734692, "fair_value": 16.904116, "relative_strength": 1.526409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.722874, "energy": 52.31989, "activity_lines": [ 20.79146, 20.624517, 20.402775, 20.134591 ] }, { "date": "2021-09-24", "close": 20.29466, "volume": 472969, "typical_volume": 318219.6, "trend": 19.804958, "fair_value": 16.941375, "relative_strength": -3.071289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.664027, "energy": 40.962279, "activity_lines": [ 20.676119, 20.592995, 20.415688, 20.170718 ] }, { "date": "2021-10-01", "close": 19.88244, "volume": 468301, "typical_volume": 319700.7, "trend": 19.851845, "fair_value": 16.973343, "relative_strength": -2.852262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.054463, "energy": 18.391377, "activity_lines": [ 20.427685, 20.479334, 20.385097, 20.175716 ] }, { "date": "2021-10-08", "close": 20.668534, "volume": 487094, "typical_volume": 335544.8, "trend": 19.915862, "fair_value": 17.013076, "relative_strength": 0.131325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.016467, "energy": 20.890402, "activity_lines": [ 20.45913, 20.511989, 20.425701, 20.228406 ] }, { "date": "2021-10-15", "close": 20.783615, "volume": 342272, "typical_volume": 340099.75, "trend": 19.988273, "fair_value": 17.053188, "relative_strength": -1.131961, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.325089, "energy": 20.236181, "activity_lines": [ 20.531781, 20.558438, 20.471704, 20.28439 ] }, { "date": "2021-10-22", "close": 20.483944, "volume": 507611, "typical_volume": 352138.85, "trend": 20.038541, "fair_value": 17.089302, "relative_strength": -4.036198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.316631, "energy": 14.968882, "activity_lines": [ 20.507955, 20.546494, 20.484119, 20.316369 ] }, { "date": "2023-09-29", "close": 23.722321, "volume": 110573, "typical_volume": 343574.1, "trend": 20.192807, "fair_value": 17.158396, "relative_strength": 14.004647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.270257, "energy": 78.181668, "activity_lines": [ 21.607849, 21.126614, 20.801697, 20.554032 ] }, { "date": "2023-10-06", "close": 23.425937, "volume": 39468, "typical_volume": 335284.2, "trend": 20.320787, "fair_value": 17.223009, "relative_strength": 11.780407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.056728, "energy": 88.780332, "activity_lines": [ 22.380438, 21.591702, 21.072712, 20.762621 ] }, { "date": "2023-10-13", "close": 23.296982, "volume": 34758, "typical_volume": 319412.3, "trend": 20.439851, "fair_value": 17.284989, "relative_strength": 10.393127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.135062, "energy": 85.762915, "activity_lines": [ 22.873808, 21.973783, 21.315104, 20.954634 ] }, { "date": "2023-10-20", "close": 23.262858, "volume": 55554, "typical_volume": 304083.35, "trend": 20.596995, "fair_value": 17.345371, "relative_strength": 12.640133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.282252, "energy": 85.696145, "activity_lines": [ 23.180574, 22.302646, 21.539142, 21.136763 ] }, { "date": "2023-10-27", "close": 22.900643, "volume": 10974, "typical_volume": 293508.45, "trend": 20.730116, "fair_value": 17.400924, "relative_strength": 13.386993, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.104406, "energy": 79.453338, "activity_lines": [ 23.201319, 22.521506, 21.715479, 21.285386 ] }, { "date": "2023-11-03", "close": 23.770752, "volume": 33454, "typical_volume": 272885.45, "trend": 20.875697, "fair_value": 17.463992, "relative_strength": 10.922685, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.126824, "energy": 62.620287, "activity_lines": [ 23.350987, 22.866698, 21.963159, 21.481556 ] }, { "date": "2023-11-10", "close": 23.497665, "volume": 142117, "typical_volume": 260168.1, "trend": 21.021906, "fair_value": 17.523145, "relative_strength": 7.989272, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.714988, "energy": 56.770288, "activity_lines": [ 23.406397, 23.099037, 22.166395, 21.650715 ] }, { "date": "2023-11-17", "close": 24.050992, "volume": 43942, "typical_volume": 249465.2, "trend": 21.173577, "fair_value": 17.586522, "relative_strength": 7.851308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.96518, "energy": 59.568612, "activity_lines": [ 23.641468, 23.366249, 22.406001, 21.84614 ] }, { "date": "2023-11-24", "close": 24.413594, "volume": 25412, "typical_volume": 236887.4, "trend": 21.329917, "fair_value": 17.652167, "relative_strength": 8.195426, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.796731, "energy": 66.098744, "activity_lines": [ 23.947139, 23.63789, 22.662166, 22.055173 ] }, { "date": "2023-12-01", "close": 24.761115, "volume": 4079, "typical_volume": 221025.95, "trend": 21.495263, "fair_value": 17.719872, "relative_strength": 8.61431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.431323, "energy": 82.851122, "activity_lines": [ 24.291934, 23.906716, 22.93312, 22.276541 ] }, { "date": "2023-12-08", "close": 24.789052, "volume": 225621, "typical_volume": 218923.65, "trend": 21.659173, "fair_value": 17.786562, "relative_strength": 8.268929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.85627, "energy": 86.913307, "activity_lines": [ 24.52201, 24.102855, 23.187223, 22.489043 ] }, { "date": "2023-12-15", "close": 25.465535, "volume": 11935, "typical_volume": 205009.5, "trend": 21.841549, "fair_value": 17.858328, "relative_strength": 8.42981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.32404, "energy": 89.066809, "activity_lines": [ 24.909694, 24.402597, 23.484659, 22.734615 ] }, { "date": "2023-12-22", "close": 25.540936, "volume": 6254, "typical_volume": 190033.5, "trend": 22.022076, "fair_value": 17.929463, "relative_strength": 7.569433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.989582, "energy": 87.127015, "activity_lines": [ 25.19132, 24.678963, 23.763964, 22.973285 ] }, { "date": "2023-12-29", "close": 25.753951, "volume": 11672, "typical_volume": 179389.5, "trend": 22.197545, "fair_value": 18.001248, "relative_strength": 7.971445, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.944703, "energy": 92.388738, "activity_lines": [ 25.444622, 24.953261, 24.040558, 23.214051 ] }, { "date": "2024-01-05", "close": 25.647282, "volume": 34198, "typical_volume": 153412.9, "trend": 22.36977, "fair_value": 18.070757, "relative_strength": 9.012505, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.54999, "energy": 89.31662, "activity_lines": [ 25.57301, 25.162872, 24.283569, 23.436615 ] }, { "date": "2024-01-12", "close": 25.868004, "volume": 125354, "typical_volume": 136032.15, "trend": 22.568731, "fair_value": 18.141002, "relative_strength": 7.743356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.705163, "energy": 91.841298, "activity_lines": [ 25.715894, 25.362675, 24.526175, 23.662308 ] }, { "date": "2024-01-19", "close": 25.428794, "volume": 4302, "typical_volume": 112832.2, "trend": 22.747394, "fair_value": 18.206072, "relative_strength": 4.491152, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.153361, "energy": 87.658092, "activity_lines": [ 25.640445, 25.444489, 24.700412, 23.846828 ] }, { "date": "2024-01-26", "close": 25.374974, "volume": 5583, "typical_volume": 88756.65, "trend": 22.917347, "fair_value": 18.269514, "relative_strength": 3.123619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.027038, "energy": 65.528614, "activity_lines": [ 25.549505, 25.481407, 24.843112, 24.016349 ] }, { "date": "2024-02-02", "close": 25.725001, "volume": 8477, "typical_volume": 72066.9, "trend": 23.089222, "fair_value": 18.334913, "relative_strength": 3.012663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.997638, "energy": 67.029331, "activity_lines": [ 25.586305, 25.557894, 24.996736, 24.197488 ] }, { "date": "2024-02-09", "close": 25.599096, "volume": 9504, "typical_volume": 47161.55, "trend": 23.253736, "fair_value": 18.398079, "relative_strength": 1.056535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.842979, "energy": 58.344596, "activity_lines": [ 25.583067, 25.587645, 25.114839, 24.359415 ] }, { "date": "2024-02-16", "close": 25.692845, "volume": 7351, "typical_volume": 42000.45, "trend": 23.431519, "fair_value": 18.460965, "relative_strength": 1.706689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.944722, "energy": 58.986593, "activity_lines": [ 25.61429, 25.619206, 25.217512, 24.516777 ] }, { "date": "2024-02-23", "close": 26.028397, "volume": 5368, "typical_volume": 40295.45, "trend": 23.62746, "fair_value": 18.525644, "relative_strength": 1.292694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.216502, "energy": 67.615345, "activity_lines": [ 25.769042, 25.695343, 25.342759, 24.684318 ] }, { "date": "2024-03-01", "close": 26.026162, "volume": 8641, "typical_volume": 38989.6, "trend": 23.804626, "fair_value": 18.589208, "relative_strength": 0.255789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.977214, "energy": 66.274277, "activity_lines": [ 25.883075, 25.76084, 25.455401, 24.839073 ] }, { "date": "2024-03-08", "close": 26.448857, "volume": 4565, "typical_volume": 36440.15, "trend": 23.99176, "fair_value": 18.655255, "relative_strength": 2.028639, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.919277, "energy": 71.425124, "activity_lines": [ 26.094594, 25.894369, 25.595304, 25.009668 ] }, { "date": "2024-03-15", "close": 25.934162, "volume": 5881, "typical_volume": 36185.5, "trend": 24.151303, "fair_value": 18.715913, "relative_strength": 0.046276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.561512, "energy": 65.211803, "activity_lines": [ 26.086291, 25.921681, 25.671016, 25.134985 ] }, { "date": "2024-03-22", "close": 26.121854, "volume": 1423, "typical_volume": 34583.95, "trend": 24.345543, "fair_value": 18.777119, "relative_strength": -1.563219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.935511, "energy": 62.130676, "activity_lines": [ 26.118214, 25.977904, 25.750158, 25.262117 ] }, { "date": "2024-03-29", "close": 26.639171, "volume": 3306, "typical_volume": 27643.4, "trend": 24.570767, "fair_value": 18.841562, "relative_strength": -0.10495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.922275, "energy": 68.096772, "activity_lines": [ 26.293976, 26.123569, 25.867373, 25.410093 ] }, { "date": "2024-04-05", "close": 26.028883, "volume": 4321, "typical_volume": 25662.35, "trend": 24.749446, "fair_value": 18.899996, "relative_strength": -1.599591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.252361, "energy": 51.376443, "activity_lines": [ 26.225589, 26.136266, 25.911506, 25.504165 ] }, { "date": "2024-04-12", "close": 25.642813, "volume": 866, "typical_volume": 24435.05, "trend": 24.911419, "fair_value": 18.954373, "relative_strength": -1.703305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.043, "energy": 36.678293, "activity_lines": [ 26.028332, 26.066878, 25.909452, 25.561801 ] }, { "date": "2024-04-19", "close": 25.273939, "volume": 281, "typical_volume": 24245.15, "trend": 25.071086, "fair_value": 19.00493, "relative_strength": -0.119053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.326625, "energy": 13.616691, "activity_lines": [ 25.761853, 25.931917, 25.866413, 25.58519 ] }, { "date": "2024-04-26", "close": 25.987789, "volume": 200, "typical_volume": 12974.1, "trend": 25.146601, "fair_value": 19.060349, "relative_strength": -0.021634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.353167, "energy": 23.439353, "activity_lines": [ 25.777338, 25.932659, 25.888918, 25.644332 ] }, { "date": "2024-05-03", "close": 26.21638, "volume": 1119, "typical_volume": 12433.3, "trend": 25.239616, "fair_value": 19.116696, "relative_strength": 0.173963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.37498, "energy": 24.615056, "activity_lines": [ 25.877959, 25.969601, 25.927486, 25.71335 ] }, { "date": "2024-05-10", "close": 26.491214, "volume": 6684, "typical_volume": 12454.8, "trend": 25.34609, "fair_value": 19.174309, "relative_strength": -0.702645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.479076, "energy": 34.346782, "activity_lines": [ 26.098377, 26.053094, 25.988652, 25.794098 ] }, { "date": "2024-05-17", "close": 26.872523, "volume": 9754, "typical_volume": 12358.9, "trend": 25.466413, "fair_value": 19.233985, "relative_strength": -0.93146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.134112, "energy": 70.369383, "activity_lines": [ 26.415075, 26.197461, 26.081609, 25.892578 ] }, { "date": "2024-05-24", "close": 26.819285, "volume": 763, "typical_volume": 10687.15, "trend": 25.597034, "fair_value": 19.292334, "relative_strength": -1.181338, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.219316, "energy": 77.462097, "activity_lines": [ 26.632047, 26.324445, 26.164169, 25.97986 ] }, { "date": "2024-05-31", "close": 26.823171, "volume": 2491, "typical_volume": 4544.0, "trend": 25.698781, "fair_value": 19.349821, "relative_strength": -0.839776, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.711872, "energy": 77.591832, "activity_lines": [ 26.747291, 26.436042, 26.241518, 26.058965 ] }, { "date": "2024-06-07", "close": 26.395133, "volume": 1030, "typical_volume": 4380.4, "trend": 25.795363, "fair_value": 19.403195, "relative_strength": -3.650747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.287052, "energy": 66.786342, "activity_lines": [ 26.664164, 26.457063, 26.273553, 26.103891 ] }, { "date": "2024-06-14", "close": 26.466052, "volume": 676, "typical_volume": 4135.05, "trend": 25.875865, "fair_value": 19.456299, "relative_strength": -4.977223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.608751, "energy": 42.010974, "activity_lines": [ 26.59276, 26.495416, 26.30774, 26.147162 ] }, { "date": "2024-06-21", "close": 26.66375, "volume": 1296, "typical_volume": 3776.0, "trend": 25.950871, "fair_value": 19.510086, "relative_strength": -4.924222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.780121, "energy": 36.838692, "activity_lines": [ 26.588932, 26.561765, 26.355561, 26.197993 ] }, { "date": "2024-06-28", "close": 26.745646, "volume": 1884, "typical_volume": 3395.0, "trend": 26.017022, "fair_value": 19.563683, "relative_strength": -4.610006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.452184, "energy": 35.255445, "activity_lines": [ 26.626322, 26.624442, 26.40671, 26.249269 ] }, { "date": "2024-07-05", "close": 26.865237, "volume": 12212, "typical_volume": 3638.05, "trend": 26.086228, "fair_value": 19.617371, "relative_strength": -5.977964, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.765253, "energy": 42.507892, "activity_lines": [ 26.708484, 26.682104, 26.46379, 26.303992 ] }, { "date": "2024-07-12", "close": 27.890448, "volume": 4411, "typical_volume": 3590.2, "trend": 26.167058, "fair_value": 19.677758, "relative_strength": -3.371539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.245593, "energy": 81.569878, "activity_lines": [ 27.129579, 26.910215, 26.612926, 26.420394 ] }, { "date": "2024-07-19", "close": 27.192822, "volume": 1868, "typical_volume": 3251.55, "trend": 26.222121, "fair_value": 19.732215, "relative_strength": -3.955441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.388477, "energy": 70.438654, "activity_lines": [ 27.218444, 26.981047, 26.686754, 26.486572 ] }, { "date": "2024-07-26", "close": 27.270638, "volume": 33096, "typical_volume": 4678.1, "trend": 26.272677, "fair_value": 19.786448, "relative_strength": -2.995061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.623753, "energy": 70.934817, "activity_lines": [ 27.284796, 27.053271, 26.762438, 26.554218 ] }, { "date": "2024-08-02", "close": 26.266994, "volume": 339, "typical_volume": 4401.0, "trend": 26.293334, "fair_value": 19.832738, "relative_strength": -4.595122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.65574, "energy": 34.041232, "activity_lines": [ 26.976141, 26.935775, 26.738624, 26.553851 ] }, { "date": "2024-08-09", "close": 26.21366, "volume": 699, "typical_volume": 4364.8, "trend": 26.304856, "fair_value": 19.877993, "relative_strength": -4.81492, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.037148, "energy": 13.506765, "activity_lines": [ 26.681619, 26.818625, 26.708145, 26.548711 ] }, { "date": "2024-08-16", "close": 27.183302, "volume": 2300, "typical_volume": 4314.5, "trend": 26.36334, "fair_value": 19.929438, "relative_strength": -5.059123, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.253466, "energy": 21.732564, "activity_lines": [ 26.753749, 26.888854, 26.769576, 26.605385 ] }, { "date": "2024-08-23", "close": 27.905312, "volume": 3126, "typical_volume": 4254.75, "trend": 26.447685, "fair_value": 19.985214, "relative_strength": -3.964765, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.32701, "energy": 30.191686, "activity_lines": [ 27.113692, 27.076028, 26.897179, 26.704867 ] }, { "date": "2024-08-30", "close": 27.927656, "volume": 2555, "typical_volume": 4339.2, "trend": 26.521106, "fair_value": 20.04037, "relative_strength": -4.217417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.796778, "energy": 55.092835, "activity_lines": [ 27.433583, 27.241097, 27.017974, 26.800349 ] }, { "date": "2024-09-06", "close": 27.27161, "volume": 1076, "typical_volume": 4378.95, "trend": 26.576857, "fair_value": 20.09024, "relative_strength": -2.477284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.259558, "energy": 61.73435, "activity_lines": [ 27.490992, 27.263904, 27.065408, 26.848769 ] }, { "date": "2024-09-13", "close": 28.232994, "volume": 1410, "typical_volume": 4439.45, "trend": 26.661528, "fair_value": 20.146013, "relative_strength": -2.988496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.87789, "energy": 74.492423, "activity_lines": [ 27.801887, 27.451945, 27.194891, 26.955616 ] }, { "date": "2024-09-20", "close": 28.375123, "volume": 657, "typical_volume": 4416.35, "trend": 26.739753, "fair_value": 20.201993, "relative_strength": -3.961388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.773328, "energy": 75.624522, "activity_lines": [ 28.025536, 27.640959, 27.327217, 27.066171 ] }, { "date": "2024-09-27", "close": 28.368031, "volume": 239, "typical_volume": 4094.1, "trend": 26.817815, "fair_value": 20.257169, "relative_strength": -4.29257, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.246099, "energy": 70.663975, "activity_lines": [ 28.167367, 27.819872, 27.448589, 27.171221 ] }, { "date": "2024-10-04", "close": 28.263888, "volume": 1248, "typical_volume": 3668.8, "trend": 26.878316, "fair_value": 20.310905, "relative_strength": -4.684986, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.568321, "energy": 68.590197, "activity_lines": [ 28.243635, 27.958482, 27.551105, 27.264516 ] }, { "date": "2024-10-11", "close": 28.469649, "volume": 1621, "typical_volume": 3711.7, "trend": 26.962832, "fair_value": 20.365297, "relative_strength": -4.88642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.78034, "energy": 66.756941, "activity_lines": [ 28.366075, 28.116444, 27.666592, 27.367183 ] }, { "date": "2024-10-18", "close": 28.762941, "volume": 132, "typical_volume": 3593.75, "trend": 27.050868, "fair_value": 20.42091, "relative_strength": -4.489028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.167571, "energy": 73.288266, "activity_lines": [ 28.50641, 28.287684, 27.802152, 27.483319 ] }, { "date": "2024-10-25", "close": 28.478004, "volume": 655, "typical_volume": 3575.0, "trend": 27.112163, "fair_value": 20.473918, "relative_strength": -4.266582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.317359, "energy": 64.111877, "activity_lines": [ 28.516436, 28.360766, 27.901339, 27.575392 ] }, { "date": "2024-11-01", "close": 27.899774, "volume": 654, "typical_volume": 3573.9, "trend": 27.174526, "fair_value": 20.522453, "relative_strength": -4.662045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.99833, "energy": 46.299937, "activity_lines": [ 28.32686, 28.305176, 27.935538, 27.626206 ] }, { "date": "2024-11-08", "close": 29.033889, "volume": 4, "typical_volume": 3509.3, "trend": 27.287562, "fair_value": 20.577722, "relative_strength": -5.093108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.410627, "energy": 54.518563, "activity_lines": [ 28.546539, 28.455889, 28.07092, 27.746164 ] }, { "date": "2024-11-15", "close": 28.075905, "volume": 119, "typical_volume": 3421.05, "trend": 27.380961, "fair_value": 20.626097, "relative_strength": -6.058425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.63522, "energy": 33.437877, "activity_lines": [ 28.395557, 28.41231, 28.10378, 27.797025 ] }, { "date": "2024-11-22", "close": 29.031752, "volume": 0, "typical_volume": 2810.45, "trend": 27.482426, "fair_value": 20.679979, "relative_strength": -4.250244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.453461, "energy": 46.240577, "activity_lines": [ 28.58944, 28.527898, 28.221338, 27.903528 ] }, { "date": "2024-11-29", "close": 29.292305, "volume": 276, "typical_volume": 2603.7, "trend": 27.584957, "fair_value": 20.767287, "relative_strength": -4.300927, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.578875, "energy": 63.031362, "activity_lines": [ 28.852253, 28.676336, 28.353393, 28.020294 ] }, { "date": "2024-12-06", "close": 29.083144, "volume": 2328, "typical_volume": 2626.7, "trend": 27.671355, "fair_value": 20.851741, "relative_strength": -5.565321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.727275, "energy": 61.005036, "activity_lines": [ 28.99106, 28.770068, 28.458853, 28.116952 ] }, { "date": "2024-12-13", "close": 28.22736, "volume": 876, "typical_volume": 1015.7, "trend": 27.716516, "fair_value": 20.93035, "relative_strength": -7.515262, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.549445, "energy": 48.367265, "activity_lines": [ 28.765713, 28.695202, 28.473809, 28.152823 ] }, { "date": "2024-12-20", "close": 27.085473, "volume": 845, "typical_volume": 1041.0, "trend": 27.725389, "fair_value": 21.001335, "relative_strength": -9.293832, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 4.922946, "energy": 7.48315, "activity_lines": [ 28.213507, 28.413384, 28.375457, 28.11211 ] }, { "date": "2024-12-27", "close": 27.13965, "volume": 42224, "typical_volume": 3117.25, "trend": 27.735938, "fair_value": 21.072564, "relative_strength": -9.38235, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": -13.956461, "energy": 28.726278, "activity_lines": [ 27.745388, 28.166583, 28.278368, 28.074321 ] }, { "date": "2025-01-03", "close": 27.160034, "volume": 253629, "typical_volume": 15683.7, "trend": 27.761435, "fair_value": 21.14306, "relative_strength": -8.508836, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.695346, "energy": 42.983657, "activity_lines": [ 27.410204, 27.953003, 28.17881, 28.037166 ] }, { "date": "2025-01-10", "close": 26.635751, "volume": 494, "typical_volume": 15552.1, "trend": 27.767091, "fair_value": 21.20886, "relative_strength": -8.183976, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.178268, "energy": 65.33443, "activity_lines": [ 27.04241, 27.668061, 28.029432, 27.964541 ] }, { "date": "2025-01-17", "close": 27.785353, "volume": 250, "typical_volume": 15436.85, "trend": 27.804478, "fair_value": 21.281823, "relative_strength": -6.713038, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.255783, "energy": 54.813629, "activity_lines": [ 27.220976, 27.615121, 27.995585, 27.965719 ] }, { "date": "2025-01-24", "close": 28.250158, "volume": 997, "typical_volume": 15432.9, "trend": 27.854629, "fair_value": 21.363257, "relative_strength": -6.547629, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.958598, "energy": 18.050567, "activity_lines": [ 27.583945, 27.669391, 28.006683, 27.994473 ] }, { "date": "2025-01-31", "close": 27.959064, "volume": 517, "typical_volume": 15388.25, "trend": 27.891089, "fair_value": 21.441594, "relative_strength": -6.339113, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -9.95352, "energy": 9.308703, "activity_lines": [ 27.772236, 27.667567, 27.985397, 28.001211 ] }, { "date": "2025-02-07", "close": 27.630845, "volume": 7230, "typical_volume": 15716.9, "trend": 27.882436, "fair_value": 21.535504, "relative_strength": -7.070119, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -4.257828, "energy": 13.464243, "activity_lines": [ 27.796494, 27.625569, 27.934158, 27.984421 ] }, { "date": "2025-02-14", "close": 27.950103, "volume": 2127, "typical_volume": 15811.3, "trend": 27.907679, "fair_value": 21.642933, "relative_strength": -7.147595, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -0.920516, "energy": 12.894633, "activity_lines": [ 27.895784, 27.671828, 27.916868, 27.988786 ] }, { "date": "2025-02-21", "close": 27.17126, "volume": 240, "typical_volume": 15760.9, "trend": 27.904366, "fair_value": 21.740282, "relative_strength": -8.029394, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -24.046814, "energy": 16.459797, "activity_lines": [ 27.647836, 27.597079, 27.827392, 27.941275 ] }, { "date": "2025-02-28", "close": 26.679178, "volume": 408, "typical_volume": 15700.25, "trend": 27.918106, "fair_value": 21.840239, "relative_strength": -8.587641, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -71.629183, "energy": 59.734378, "activity_lines": [ 27.2768, 27.452062, 27.696255, 27.862231 ] }, { "date": "2025-03-07", "close": 25.937855, "volume": 1055, "typical_volume": 15746.4, "trend": 27.908912, "fair_value": 21.92392, "relative_strength": -8.046693, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.3868, "energy": 77.974828, "activity_lines": [ 26.763388, 27.179647, 27.503041, 27.734473 ] }, { "date": "2025-03-14", "close": 25.345623, "volume": 12821, "typical_volume": 16354.7, "trend": 27.847656, "fair_value": 22.003907, "relative_strength": -7.82427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.026112, "energy": 89.615923, "activity_lines": [ 26.187313, 26.821404, 27.266877, 27.569099 ] }, { "date": "2025-03-21", "close": 25.319133, "volume": 1802, "typical_volume": 16412.1, "trend": 27.76145, "fair_value": 22.083357, "relative_strength": -8.175879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.802506, "energy": 93.114029, "activity_lines": [ 25.754756, 26.491333, 27.043107, 27.405969 ] }, { "date": "2025-03-28", "close": 25.320413, "volume": 497, "typical_volume": 16436.75, "trend": 27.674542, "fair_value": 22.162133, "relative_strength": -6.575533, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.746751, "energy": 90.697344, "activity_lines": [ 25.498024, 26.185434, 26.831747, 27.248482 ] }, { "date": "2025-04-04", "close": 23.95249, "volume": 2387, "typical_volume": 16550.15, "trend": 27.563905, "fair_value": 22.229567, "relative_strength": -2.678907, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.645057, "energy": 96.528088, "activity_lines": [ 24.908707, 25.675639, 26.507792, 27.00835 ] }, { "date": "2025-04-11", "close": 24.540881, "volume": 2022, "typical_volume": 16651.25, "trend": 27.440834, "fair_value": 22.301549, "relative_strength": -5.458558, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.010196, "energy": 88.494449, "activity_lines": [ 24.6973, 25.350964, 26.259509, 26.813316 ] }, { "date": "2025-04-18", "close": 24.757823, "volume": 6206, "typical_volume": 16947.75, "trend": 27.320258, "fair_value": 22.375293, "relative_strength": -3.079895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.8588, "energy": 76.085631, "activity_lines": [ 24.651338, 25.127881, 26.053273, 26.640219 ] }, { "date": "2025-04-25", "close": 24.938624, "volume": 640, "typical_volume": 16863.35, "trend": 27.205944, "fair_value": 22.446425, "relative_strength": -6.427407, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.079454, "energy": 65.989964, "activity_lines": [ 24.70483, 24.989908, 25.885849, 26.486565 ] }, { "date": "2025-05-02", "close": 25.318542, "volume": 318, "typical_volume": 16835.45, "trend": 27.107766, "fair_value": 22.514471, "relative_strength": -7.437123, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.9501, "energy": 57.045125, "activity_lines": [ 24.910328, 24.975765, 25.774343, 26.364797 ] }, { "date": "2025-05-09", "close": 25.170435, "volume": 6218, "typical_volume": 17104.1, "trend": 26.997792, "fair_value": 22.582888, "relative_strength": -7.328952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.595668, "energy": 45.258644, "activity_lines": [ 25.066583, 24.968379, 25.662583, 26.239808 ] }, { "date": "2025-05-16", "close": 25.59388, "volume": 14820, "typical_volume": 15733.9, "trend": 26.892157, "fair_value": 22.652624, "relative_strength": -10.206467, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -42.253697, "energy": 32.319098, "activity_lines": [ 25.282789, 25.065415, 25.600271, 26.149233 ] }, { "date": "2025-05-23", "close": 25.339222, "volume": 4073, "typical_volume": 3256.1, "trend": 26.787531, "fair_value": 22.72062, "relative_strength": -8.506725, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.081412, "energy": 25.631914, "activity_lines": [ 25.34391, 25.122404, 25.521066, 26.049044 ] }, { "date": "2025-05-30", "close": 25.730662, "volume": 5213, "typical_volume": 3492.05, "trend": 26.715227, "fair_value": 22.788229, "relative_strength": -8.424675, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.573846, "energy": 24.281872, "activity_lines": [ 25.49675, 25.25068, 25.487812, 25.980859 ] }, { "date": "2025-06-06", "close": 25.779605, "volume": 16515, "typical_volume": 4305.3, "trend": 26.606751, "fair_value": 22.85658, "relative_strength": -9.486952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.011102, "energy": 24.288313, "activity_lines": [ 25.613102, 25.380372, 25.463529, 25.920496 ] }, { "date": "2025-06-13", "close": 25.75341, "volume": 1927, "typical_volume": 4351.8, "trend": 26.529334, "fair_value": 22.92573, "relative_strength": -9.025112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.395082, "energy": 19.068572, "activity_lines": [ 25.689985, 25.496953, 25.446302, 25.865442 ] }, { "date": "2025-06-20", "close": 25.540014, "volume": 412, "typical_volume": 4346.55, "trend": 26.412943, "fair_value": 22.994867, "relative_strength": -9.391971, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.789804, "energy": 17.340101, "activity_lines": [ 25.656871, 25.54199, 25.420641, 25.801615 ] }, { "date": "2025-06-27", "close": 25.723769, "volume": 4522, "typical_volume": 4211.15, "trend": 26.293992, "fair_value": 23.062688, "relative_strength": -11.517598, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.262947, "energy": 14.501572, "activity_lines": [ 25.6886, 25.602272, 25.424, 25.757152 ] }, { "date": "2025-07-04", "close": 26.062131, "volume": 18, "typical_volume": 4105.7, "trend": 26.193291, "fair_value": 23.131432, "relative_strength": -11.58416, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.156966, "energy": 15.506576, "activity_lines": [ 25.80748, 25.706511, 25.468665, 25.742193 ] }, { "date": "2025-07-11", "close": 26.032293, "volume": 12241, "typical_volume": 4705.75, "trend": 26.120122, "fair_value": 23.199023, "relative_strength": -11.12708, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.155702, "energy": 30.177347, "activity_lines": [ 25.894316, 25.784897, 25.519479, 25.731806 ] }, { "date": "2025-07-18", "close": 25.887928, "volume": 18638, "typical_volume": 5617.25, "trend": 26.080204, "fair_value": 23.265615, "relative_strength": -11.856517, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.198074, "energy": 30.750788, "activity_lines": [ 25.916184, 25.824058, 25.561968, 25.716826 ] }, { "date": "2025-07-25", "close": 26.204132, "volume": 13599, "typical_volume": 6244.45, "trend": 26.04902, "fair_value": 23.334288, "relative_strength": -11.765699, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 16.686695, "energy": 48.714212, "activity_lines": [ 26.034485, 25.907666, 25.638339, 25.724821 ] }, { "date": "2025-08-01", "close": 26.094825, "volume": 7169, "typical_volume": 5961.85, "trend": 26.013513, "fair_value": 23.403466, "relative_strength": -9.664567, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.919023, "energy": 46.330178, "activity_lines": [ 26.072077, 25.960304, 25.703032, 25.727776 ] }, { "date": "2025-08-08", "close": 26.258589, "volume": 19, "typical_volume": 5872.7, "trend": 26.000941, "fair_value": 23.47112, "relative_strength": -10.987017, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.674041, "energy": 48.189974, "activity_lines": [ 26.139519, 26.028979, 25.779753, 25.743588 ] }, { "date": "2025-08-15", "close": 26.215654, "volume": 106, "typical_volume": 5853.15, "trend": 25.948618, "fair_value": 23.538547, "relative_strength": -11.670381, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.546774, "energy": 58.887816, "activity_lines": [ 26.179553, 26.080248, 25.847912, 25.75744 ] }, { "date": "2025-08-22", "close": 26.554804, "volume": 500, "typical_volume": 5758.8, "trend": 25.892106, "fair_value": 23.611189, "relative_strength": -10.446869, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.75687, "energy": 70.728525, "activity_lines": [ 26.320412, 26.185254, 25.944108, 25.796549 ] }, { "date": "2025-08-29", "close": 26.406598, "volume": 1495, "typical_volume": 5732.45, "trend": 25.840357, "fair_value": 23.679951, "relative_strength": -10.565557, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 42.846345, "energy": 69.415689, "activity_lines": [ 26.367411, 26.248742, 26.013798, 25.829742 ] }, { "date": "2025-09-05", "close": 26.275921, "volume": 5306, "typical_volume": 5687.45, "trend": 25.795193, "fair_value": 23.746106, "relative_strength": -10.916289, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 64.075527, "energy": 71.12762, "activity_lines": [ 26.357354, 26.272714, 26.062157, 25.857843 ] }, { "date": "2025-09-12", "close": 26.522602, "volume": 78453, "typical_volume": 9578.1, "trend": 25.74761, "fair_value": 23.814452, "relative_strength": -11.076403, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.467311, "energy": 69.315852, "activity_lines": [ 26.41745, 26.331499, 26.126781, 25.904772 ] }, { "date": "2025-09-19", "close": 26.337271, "volume": 6439, "typical_volume": 9884.15, "trend": 25.71981, "fair_value": 23.879991, "relative_strength": -12.373153, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.345075, "energy": 48.517008, "activity_lines": [ 26.398168, 26.348215, 26.166211, 25.942815 ] }, { "date": "2025-09-26", "close": 26.649242, "volume": 8810, "typical_volume": 10013.75, "trend": 25.718812, "fair_value": 23.94954, "relative_strength": -10.705084, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.176606, "energy": 53.207536, "activity_lines": [ 26.474769, 26.416107, 26.230502, 26.002778 ] }, { "date": "2025-10-03", "close": 26.719455, "volume": 1103, "typical_volume": 9327.9, "trend": 25.744866, "fair_value": 24.016413, "relative_strength": -11.079342, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.800914, "energy": 57.895817, "activity_lines": [ 26.568479, 26.482924, 26.294438, 26.067336 ] }, { "date": "2025-10-10", "close": 26.326045, "volume": 800, "typical_volume": 9164.25, "trend": 25.777546, "fair_value": 24.080144, "relative_strength": -9.853496, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.394374, "energy": 43.862922, "activity_lines": [ 26.510194, 26.468842, 26.315547, 26.104831 ] }, { "date": "2025-10-17", "close": 26.563174, "volume": 3485, "typical_volume": 9077.85, "trend": 25.819014, "fair_value": 24.14438, "relative_strength": -10.219141, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.402441, "energy": 43.635234, "activity_lines": [ 26.527611, 26.49367, 26.35454, 26.155517 ] }, { "date": "2025-10-24", "close": 27.083223, "volume": 1287, "typical_volume": 8316.45, "trend": 25.877775, "fair_value": 24.210597, "relative_strength": -9.818471, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.335669, "energy": 55.174364, "activity_lines": [ 26.715673, 26.607515, 26.439097, 26.237079 ] }, { "date": "2025-10-31", "close": 27.285984, "volume": 1572, "typical_volume": 8298.7, "trend": 25.988891, "fair_value": 24.275746, "relative_strength": -9.413039, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.195985, "energy": 60.920925, "activity_lines": [ 26.921592, 26.742451, 26.536757, 26.327931 ] }, { "date": "2025-11-07", "close": 26.796758, "volume": 880, "typical_volume": 8322.1, "trend": 26.064087, "fair_value": 24.337702, "relative_strength": -9.203602, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.410067, "energy": 53.758654, "activity_lines": [ 26.921986, 26.775143, 26.580526, 26.380051 ] }, { "date": "2025-11-14", "close": 26.67455, "volume": 322, "typical_volume": 8112.1, "trend": 26.127978, "fair_value": 24.397458, "relative_strength": -9.397695, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.785636, "energy": 45.310445, "activity_lines": [ 26.87649, 26.778522, 26.606672, 26.419436 ] }, { "date": "2025-11-21", "close": 25.986502, "volume": 523, "typical_volume": 8137.35, "trend": 26.162907, "fair_value": 24.452918, "relative_strength": -9.613854, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.532591, "energy": 13.591744, "activity_lines": [ 26.578412, 26.649553, 26.562761, 26.410309 ] }, { "date": "2025-11-28", "close": 27.006018, "volume": 1982, "typical_volume": 7624.4, "trend": 26.219157, "fair_value": 24.513547, "relative_strength": -9.02769, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.157965, "energy": 21.278885, "activity_lines": [ 26.658617, 26.715698, 26.616308, 26.464703 ] }, { "date": "2025-12-05", "close": 27.315724, "volume": 329, "typical_volume": 6708.95, "trend": 26.290666, "fair_value": 24.573886, "relative_strength": -7.94292, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.99383, "energy": 31.152146, "activity_lines": [ 26.847204, 26.825994, 26.694714, 26.535449 ] }, { "date": "2025-12-12", "close": 27.208779, "volume": 399, "typical_volume": 6048.95, "trend": 26.344496, "fair_value": 24.633763, "relative_strength": -7.471545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.605587, "energy": 35.178614, "activity_lines": [ 26.99816, 26.904728, 26.756135, 26.594682 ] }, { "date": "2025-12-19", "close": 27.33148, "volume": 1015, "typical_volume": 5741.25, "trend": 26.410905, "fair_value": 24.693164, "relative_strength": -6.909972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.477348, "energy": 61.633192, "activity_lines": [ 27.162548, 26.996874, 26.824459, 26.658359 ] }, { "date": "2025-12-26", "close": 27.6467, "volume": 14, "typical_volume": 5741.0, "trend": 26.474773, "fair_value": 24.753838, "relative_strength": -6.909236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.113099, "energy": 72.81323, "activity_lines": [ 27.388215, 27.128053, 26.916914, 26.738087 ] }, { "date": "2026-01-02", "close": 27.0866, "volume": 49, "typical_volume": 5738.15, "trend": 26.518339, "fair_value": 24.809143, "relative_strength": -7.562194, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.3058, "energy": 57.468854, "activity_lines": [ 27.316501, 27.137694, 26.949416, 26.77756 ] }, { "date": "2026-01-09", "close": 28.0768, "volume": 47939, "typical_volume": 8110.1, "trend": 26.595785, "fair_value": 24.869414, "relative_strength": -5.434606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.369392, "energy": 68.924731, "activity_lines": [ 27.569483, 27.327311, 27.072076, 26.878106 ] }, { "date": "2026-01-16", "close": 28.0998, "volume": 1837, "typical_volume": 8127.2, "trend": 26.681112, "fair_value": 24.933133, "relative_strength": -4.752716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.216288, "energy": 73.252012, "activity_lines": [ 27.779392, 27.506731, 27.189679, 26.975139 ] }, { "date": "2026-01-23", "close": 28.1098, "volume": 24794, "typical_volume": 9101.6, "trend": 26.760646, "fair_value": 24.996743, "relative_strength": -4.113731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.226144, "energy": 68.485204, "activity_lines": [ 27.933233, 27.664277, 27.300171, 27.067313 ] }, { "date": "2026-01-30", "close": 28.0032, "volume": 405, "typical_volume": 5199.2, "trend": 26.825348, "fair_value": 25.057816, "relative_strength": -4.573749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.120834, "energy": 73.510893, "activity_lines": [ 27.999653, 27.776346, 27.391778, 27.147477 ] }, { "date": "2026-02-06", "close": 28.5619, "volume": 930, "typical_volume": 4923.75, "trend": 26.909669, "fair_value": 25.120725, "relative_strength": -2.250271, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.686654, "energy": 79.813998, "activity_lines": [ 28.22854, 27.953329, 27.529545, 27.259513 ] }, { "date": "2026-02-13", "close": 28.8581, "volume": 542, "typical_volume": 4510.35, "trend": 27.008674, "fair_value": 25.18641, "relative_strength": 0.232913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.727542, "energy": 85.361305, "activity_lines": [ 28.457807, 28.155879, 27.684927, 27.385218 ] }, { "date": "2026-02-20", "close": 28.9942, "volume": 14024, "typical_volume": 5156.4, "trend": 27.101677, "fair_value": 25.25063, "relative_strength": -0.245171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.771737, "energy": 90.643842, "activity_lines": [ 28.680353, 28.355131, 27.842753, 27.513317 ] }, { "date": "2026-02-27", "close": 29.6834, "volume": 1864, "typical_volume": 5209.6, "trend": 27.221296, "fair_value": 25.318508, "relative_strength": 2.739179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.027854, "energy": 96.656636, "activity_lines": [ 29.073007, 28.647229, 28.055384, 27.679879 ] }, { "date": "2026-03-06", "close": 28.6573, "volume": 7120, "typical_volume": 5391.35, "trend": 27.301253, "fair_value": 25.376654, "relative_strength": 1.331595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.329985, "energy": 84.31673, "activity_lines": [ 29.01872, 28.710002, 28.154305, 27.772525 ] }, { "date": "2026-03-13", "close": 28.2088, "volume": 120, "typical_volume": 5333.0, "trend": 27.367691, "fair_value": 25.431037, "relative_strength": 1.402967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.598909, "energy": 56.766718, "activity_lines": [ 28.771327, 28.672855, 28.200539, 27.831076 ] }, { "date": "2026-03-20", "close": 27.457, "volume": 410, "typical_volume": 5274.9, "trend": 27.397764, "fair_value": 25.488143, "relative_strength": 0.651161, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.255581, "energy": 24.361319, "activity_lines": [ 28.296873, 28.478613, 28.169813, 27.836838 ] }, { "date": "2026-03-27", "close": 28.0244, "volume": 754, "typical_volume": 5268.6, "trend": 27.451691, "fair_value": 25.546587, "relative_strength": 5.168179, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.422233, "energy": 28.369857, "activity_lines": [ 28.10496, 28.398804, 28.192311, 27.877266 ] }, { "date": "2026-04-03", "close": 28.3127, "volume": 12371, "typical_volume": 5871.05, "trend": 27.519584, "fair_value": 25.603699, "relative_strength": 2.9531, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.284323, "energy": 27.343691, "activity_lines": [ 28.0738, 28.372784, 28.236421, 27.932815 ] }, { "date": "2026-04-10", "close": 28.5072, "volume": 918, "typical_volume": 5890.8, "trend": 27.585737, "fair_value": 25.663928, "relative_strength": 0.263754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.261832, "energy": 25.775132, "activity_lines": [ 28.198853, 28.378438, 28.291253, 27.996532 ] }, { "date": "2026-04-17", "close": 28.5222, "volume": 25185, "typical_volume": 7050.95, "trend": 27.658568, "fair_value": 25.721757, "relative_strength": -3.689606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.002333, "energy": 24.417616, "activity_lines": [ 28.338913, 28.377656, 28.335511, 28.056949 ] }, { "date": "2026-04-24", "close": 28.4027, "volume": 343, "typical_volume": 7051.65, "trend": 27.717016, "fair_value": 25.777394, "relative_strength": -4.337731, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.772725, "energy": 27.603251, "activity_lines": [ 28.418247, 28.355869, 28.361167, 28.104958 ] }, { "date": "2026-05-01", "close": 28.7279, "volume": 32306, "typical_volume": 8647.0, "trend": 27.783965, "fair_value": 25.834619, "relative_strength": -3.906906, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.856681, "energy": 34.760333, "activity_lines": [ 28.542933, 28.401489, 28.412619, 28.170176 ] }, { "date": "2026-05-08", "close": 28.3855, "volume": 164, "typical_volume": 8604.45, "trend": 27.852613, "fair_value": 25.889195, "relative_strength": -6.950616, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.595178, "energy": 27.70842, "activity_lines": [ 28.506587, 28.389696, 28.424228, 28.208985 ] }, { "date": "2026-05-15", "close": 28.2596, "volume": 280, "typical_volume": 8617.75, "trend": 27.909161, "fair_value": 25.942178, "relative_strength": -7.327665, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.621678, "energy": 20.113607, "activity_lines": [ 28.42342, 28.378611, 28.418827, 28.235242 ] }, { "date": "2026-05-22", "close": 28.7309, "volume": 46, "typical_volume": 8617.6, "trend": 27.964083, "fair_value": 25.997343, "relative_strength": -6.349712, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.58596, "energy": 29.205997, "activity_lines": [ 28.51386, 28.460447, 28.455393, 28.288258 ] }, { "date": "2026-05-29", "close": 28.8644, "volume": 347, "typical_volume": 6238.0, "trend": 28.016697, "fair_value": 26.051026, "relative_strength": -7.001914, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.542916, "energy": 31.987607, "activity_lines": [ 28.634887, 28.557064, 28.496844, 28.346343 ] }, { "date": "2026-06-05", "close": 28.645, "volume": 15, "typical_volume": 6146.9, "trend": 28.078305, "fair_value": 26.103362, "relative_strength": -5.131804, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.060082, "energy": 31.091939, "activity_lines": [ 28.652, 28.5882, 28.513649, 28.386878 ] }, { "date": "2026-06-12", "close": 29.4749, "volume": 50, "typical_volume": 4909.7, "trend": 28.17165, "fair_value": 26.164745, "relative_strength": -2.758066, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 76.815461, "energy": 67.776787, "activity_lines": [ 28.951273, 28.758944, 28.606895, 28.476981 ] }, { "date": "2026-06-19", "close": 29.8042, "volume": 229, "typical_volume": 4900.9, "trend": 28.298907, "fair_value": 26.227151, "relative_strength": -2.414955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.318509, "energy": 82.748144, "activity_lines": [ 29.287687, 28.968429, 28.725003, 28.582307 ] }, { "date": "2026-06-26", "close": 29.9289, "volume": 1075, "typical_volume": 4908.15, "trend": 28.396336, "fair_value": 26.289026, "relative_strength": 0.437936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.496307, "energy": 88.304607, "activity_lines": [ 29.562693, 29.177005, 28.846411, 28.687468 ] }, { "date": "2026-07-03", "close": 30.3992, "volume": 696, "typical_volume": 4915.85, "trend": 28.499119, "fair_value": 26.352041, "relative_strength": -0.084528, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.754842, "energy": 95.187185, "activity_lines": [ 29.9146, 29.445515, 29.0061, 28.816685 ] }, { "date": "2026-07-10", "close": 30.4807, "volume": 272, "typical_volume": 4228.25, "trend": 28.608183, "fair_value": 26.414971, "relative_strength": -1.080982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.263929, "energy": 93.06671, "activity_lines": [ 30.191353, 29.692542, 29.166213, 28.944529 ] }, { "date": "2026-07-17", "close": 30.4282, "volume": 776, "typical_volume": 4173.85, "trend": 28.711407, "fair_value": 26.479515, "relative_strength": 0.334073, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.641774, "energy": 90.073912, "activity_lines": [ 30.328227, 29.898155, 29.314247, 29.061949 ] }, { "date": "2026-07-24", "close": 30.5061, "volume": 52, "typical_volume": 3820.45, "trend": 28.80672, "fair_value": 26.545899, "relative_strength": 1.198817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.555642, "energy": 88.78823, "activity_lines": [ 30.427513, 30.080791, 29.466153, 29.177736 ] }, { "date": "2026-07-31", "close": 30.6941, "volume": 148, "typical_volume": 3821.85, "trend": 28.92697, "fair_value": 26.609892, "relative_strength": 0.782449, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.610446, "energy": 86.635786, "activity_lines": [ 30.542673, 30.256764, 29.62716, 29.299502 ] }, { "date": "2026-08-07", "close": 31.3365, "volume": 7316, "typical_volume": 4167.15, "trend": 29.035627, "fair_value": 26.67721, "relative_strength": -0.544962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.168355, "energy": 87.537687, "activity_lines": [ 30.820953, 30.513842, 29.837513, 29.454956 ] } ], "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." } } }