{ "ticker": { "uuid": "356818ad-5780-4267-96cb-bf271350dbc7", "symbol": "IDRV", "name": "ISHARES TRUST SELF DRIVING EV AND TECH 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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 57.678, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -63.295, "architecture_energy": 61.638, "architecture_maturity": 6.293, "architecture_confidence": 83.76, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 19.43, "rotation_up": 11.34, "upward_expansion": 12.17, "deceleration": 41.07, "rotation_down": 71.08, "downward_expansion": 87.83 }, "activity_lines": [ 36.192733, 36.863138, 38.887408, 39.188204 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.833333 }, "latest_close": 37.2502, "trend_reference": 39.362721, "distance_from_trend": -0.053668, "trend_direction": "Weakening", "fair_value": 32.779832, "distance_from_fair_value": 0.136376, "fair_value_direction": "Weakening", "relative_strength": -13.143426, "relative_strength_direction": "Weakening", "price_momentum": -0.037875, "excess_performance": -0.1635, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.053668, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.000154, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.136376, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.225313, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.131434, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.227656, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.037875, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.698988, "read": "Supply-led" } ], "volume": { "latest": 99808, "relative_activity": 0.799893, "balance": 0.698988, "dry_up": 1.104905, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.065766, "annualized_volatility": 0.315069, "from_high_reference": -0.177956, "from_low_reference": 0.108868 }, "levels": { "trend_reference": 39.362721, "fair_value_reference": 32.779832, "structural_low": 34.765, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": 0.005979, "positive_rate": 0.521739, "directional_follow_through": 0.478261, "median_excess_return": -0.012343, "regime_survival": 0.782609, "best_return": 0.187482, "worst_return": -0.15813, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.017027, "positive_rate": 0.555556, "directional_follow_through": 0.444444, "median_excess_return": -0.022501, "regime_survival": 0.444444, "best_return": 0.255873, "worst_return": -0.179131, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.041822, "positive_rate": 0.4, "directional_follow_through": 0.6, "median_excess_return": -0.049659, "regime_survival": 0.2, "best_return": 0.376158, "worst_return": -0.165154, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.092365, "positive_rate": 0.333333, "directional_follow_through": 0.666667, "median_excess_return": -0.104421, "regime_survival": 0.0, "best_return": 0.630814, "worst_return": -0.212118, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-09-29", "end": "2023-10-27", "tenure": "Developing", "return": -0.152998, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-11-03", "end": "2024-09-20", "tenure": "Extended", "return": -0.100933, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-27", "end": "2024-10-04", "tenure": "New", "return": -0.010927, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-11", "end": "2024-11-01", "tenure": "New", "return": -0.065238, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2025-02-14", "tenure": "Established", "return": 0.03808, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.118141, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-09", "tenure": "New", "return": 0.117951, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-16", "end": "2025-07-04", "tenure": "Developing", "return": 0.019094, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2026-03-20", "tenure": "Extended", "return": 0.127415, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.167249, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-06-12", "tenure": "Developing", "return": -0.031126, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": -0.065431, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-10", "end": "2026-07-31", "tenure": "New", "return": -0.029843, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 35.804498, "volume": 255357, "typical_volume": 188232.9, "trend": 36.595934, "fair_value": 39.041294, "relative_strength": -6.342438, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.176152, "energy": 20.72303, "activity_lines": [ 38.583193, 39.240163, 38.04225, 37.191406 ] }, { "date": "2023-08-25", "close": 36.199297, "volume": 177425, "typical_volume": 189827.65, "trend": 36.514836, "fair_value": 39.078196, "relative_strength": -5.879264, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.550324, "energy": 24.270069, "activity_lines": [ 37.463938, 38.702305, 37.981249, 37.165817 ] }, { "date": "2023-09-01", "close": 37.374294, "volume": 150662, "typical_volume": 189092.15, "trend": 36.461752, "fair_value": 39.125911, "relative_strength": -5.100766, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.742805, "energy": 28.477657, "activity_lines": [ 37.039028, 38.418759, 38.021656, 37.221265 ] }, { "date": "2023-09-08", "close": 35.738699, "volume": 123866, "typical_volume": 184529.4, "trend": 36.409598, "fair_value": 39.16533, "relative_strength": -7.898733, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.144065, "energy": 24.888633, "activity_lines": [ 36.434923, 37.811171, 37.894137, 37.174617 ] }, { "date": "2023-09-15", "close": 36.556496, "volume": 163178, "typical_volume": 180604.95, "trend": 36.372004, "fair_value": 39.207275, "relative_strength": -5.487098, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.375225, "energy": 20.614528, "activity_lines": [ 36.404217, 37.401665, 37.833236, 37.184094 ] }, { "date": "2023-09-22", "close": 34.375702, "volume": 201972, "typical_volume": 181458.65, "trend": 36.338541, "fair_value": 39.241756, "relative_strength": -8.262236, "stage": 1, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -35.226432, "energy": 40.837183, "activity_lines": [ 35.751232, 36.658887, 37.551423, 37.0553 ] }, { "date": "2023-09-29", "close": 34.958501, "volume": 133394, "typical_volume": 175064.7, "trend": 36.26069, "fair_value": 39.273409, "relative_strength": -5.944655, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.215727, "energy": 46.939219, "activity_lines": [ 35.387766, 36.14171, 37.323922, 36.966266 ] }, { "date": "2023-10-06", "close": 33.482705, "volume": 268122, "typical_volume": 181233.85, "trend": 36.242688, "fair_value": 39.285472, "relative_strength": -10.154042, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.903334, "energy": 56.391122, "activity_lines": [ 34.615088, 35.461314, 36.952784, 36.787041 ] }, { "date": "2023-10-13", "close": 33.172506, "volume": 209990, "typical_volume": 179359.5, "trend": 36.258334, "fair_value": 39.295085, "relative_strength": -11.220799, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.013075, "energy": 64.675272, "activity_lines": [ 33.99845, 34.895094, 36.55826, 36.588964 ] }, { "date": "2023-10-20", "close": 30.343114, "volume": 294941, "typical_volume": 184974.5, "trend": 36.154885, "fair_value": 39.28564, "relative_strength": -16.542736, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -59.767956, "energy": 75.681246, "activity_lines": [ 32.609761, 33.943133, 35.900665, 36.207337 ] }, { "date": "2023-10-27", "close": 29.609916, "volume": 182739, "typical_volume": 186599.7, "trend": 35.953579, "fair_value": 39.282144, "relative_strength": -16.215327, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.482365, "energy": 91.401131, "activity_lines": [ 31.390898, 32.999375, 35.196604, 35.785081 ] }, { "date": "2023-11-03", "close": 31.442911, "volume": 267926, "typical_volume": 190552.15, "trend": 35.868513, "fair_value": 39.270769, "relative_strength": -15.625153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.995282, "energy": 83.933397, "activity_lines": [ 31.100752, 32.501519, 34.698851, 35.49407 ] }, { "date": "2023-11-10", "close": 30.145714, "volume": 235014, "typical_volume": 195594.15, "trend": 35.712637, "fair_value": 39.24584, "relative_strength": -19.76771, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.500375, "energy": 86.180407, "activity_lines": [ 30.61258, 31.854288, 34.110858, 35.124858 ] }, { "date": "2023-11-17", "close": 31.84711, "volume": 243108, "typical_volume": 200685.55, "trend": 35.661799, "fair_value": 39.225428, "relative_strength": -16.789518, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.190715, "energy": 66.323039, "activity_lines": [ 30.914006, 31.64783, 33.712342, 34.875469 ] }, { "date": "2023-11-24", "close": 31.903509, "volume": 183306, "typical_volume": 202361.0, "trend": 35.599211, "fair_value": 39.195937, "relative_strength": -17.112365, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.72954, "energy": 49.073232, "activity_lines": [ 31.322591, 31.522383, 33.350664, 34.632999 ] }, { "date": "2023-12-01", "close": 31.63091, "volume": 317933, "typical_volume": 206163.05, "trend": 35.516075, "fair_value": 39.158884, "relative_strength": -18.110531, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.561974, "energy": 40.785215, "activity_lines": [ 31.536284, 31.431973, 33.001744, 34.376979 ] }, { "date": "2023-12-08", "close": 32.100909, "volume": 254363, "typical_volume": 210005.2, "trend": 35.44241, "fair_value": 39.129565, "relative_strength": -16.713995, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.608898, "energy": 32.324851, "activity_lines": [ 31.77191, 31.476922, 32.741989, 34.156646 ] }, { "date": "2023-12-15", "close": 33.463905, "volume": 450785, "typical_volume": 222610.95, "trend": 35.398689, "fair_value": 39.100897, "relative_strength": -14.878419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.420921, "energy": 22.864217, "activity_lines": [ 32.418001, 31.821644, 32.65318, 34.029 ] }, { "date": "2023-12-22", "close": 33.270193, "volume": 290009, "typical_volume": 227909.45, "trend": 35.357185, "fair_value": 39.069834, "relative_strength": -15.888734, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.342369, "energy": 20.785499, "activity_lines": [ 32.778309, 32.131488, 32.590685, 33.891678 ] }, { "date": "2023-12-29", "close": 33.913148, "volume": 258814, "typical_volume": 233145.2, "trend": 35.31264, "fair_value": 39.03784, "relative_strength": -14.32361, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.698237, "energy": 20.401565, "activity_lines": [ 33.258064, 32.556457, 32.622665, 33.798514 ] }, { "date": "2024-01-05", "close": 32.166711, "volume": 227323, "typical_volume": 231743.5, "trend": 35.175714, "fair_value": 38.975486, "relative_strength": -17.124898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.439273, "energy": 18.065388, "activity_lines": [ 33.021696, 32.598982, 32.50838, 33.595551 ] }, { "date": "2024-01-12", "close": 30.52468, "volume": 261894, "typical_volume": 235966.95, "trend": 34.911987, "fair_value": 38.909071, "relative_strength": -22.330658, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.233822, "energy": 26.40175, "activity_lines": [ 32.202265, 32.296469, 32.255034, 33.295485 ] }, { "date": "2024-01-19", "close": 28.50299, "volume": 339948, "typical_volume": 245431.25, "trend": 34.665156, "fair_value": 38.819536, "relative_strength": -27.807779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.909681, "energy": 59.770407, "activity_lines": [ 30.814019, 31.643071, 31.836169, 32.882001 ] }, { "date": "2024-01-26", "close": 28.550447, "volume": 296667, "typical_volume": 254071.3, "trend": 34.334995, "fair_value": 38.745373, "relative_strength": -27.779669, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.36573, "energy": 78.655307, "activity_lines": [ 29.77232, 31.02817, 31.464067, 32.487504 ] }, { "date": "2024-02-02", "close": 28.635871, "volume": 433161, "typical_volume": 267570.45, "trend": 33.955041, "fair_value": 38.659288, "relative_strength": -27.930816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.46051, "energy": 82.437716, "activity_lines": [ 29.073746, 30.488739, 31.13433, 32.119818 ] }, { "date": "2024-02-09", "close": 29.461632, "volume": 239163, "typical_volume": 269430.0, "trend": 33.571906, "fair_value": 38.572666, "relative_strength": -26.265482, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.819983, "energy": 80.137079, "activity_lines": [ 29.002243, 30.158858, 30.920955, 31.829921 ] }, { "date": "2024-02-16", "close": 30.069088, "volume": 273368, "typical_volume": 276428.7, "trend": 33.216226, "fair_value": 38.493228, "relative_strength": -23.870764, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.696042, "energy": 67.956053, "activity_lines": [ 29.313564, 29.978865, 30.788833, 31.603933 ] }, { "date": "2024-02-23", "close": 29.290785, "volume": 278361, "typical_volume": 276940.65, "trend": 32.763774, "fair_value": 38.421732, "relative_strength": -26.469937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.979008, "energy": 48.149484, "activity_lines": [ 29.395824, 29.694305, 30.60587, 31.350678 ] }, { "date": "2024-03-01", "close": 30.989764, "volume": 338920, "typical_volume": 283387.15, "trend": 32.455077, "fair_value": 38.363552, "relative_strength": -22.330126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.237861, "energy": 28.693519, "activity_lines": [ 29.991891, 29.794525, 30.604676, 31.236226 ] }, { "date": "2024-03-08", "close": 30.021631, "volume": 364524, "typical_volume": 286866.3, "trend": 32.184921, "fair_value": 38.289871, "relative_strength": -24.011056, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.100852, "energy": 22.988315, "activity_lines": [ 30.102625, 29.760183, 30.521672, 31.07923 ] }, { "date": "2024-03-15", "close": 29.76536, "volume": 303450, "typical_volume": 292901.85, "trend": 31.983617, "fair_value": 38.213855, "relative_strength": -24.113228, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.966772, "energy": 23.125856, "activity_lines": [ 30.035552, 29.750001, 30.415793, 30.923129 ] }, { "date": "2024-03-22", "close": 29.793834, "volume": 253638, "typical_volume": 292187.45, "trend": 31.770101, "fair_value": 38.142178, "relative_strength": -25.164442, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.396216, "energy": 19.876805, "activity_lines": [ 29.957721, 29.788657, 30.311886, 30.781853 ] }, { "date": "2024-03-29", "close": 29.8318, "volume": 201367, "typical_volume": 290505.1, "trend": 31.518685, "fair_value": 38.06324, "relative_strength": -24.742201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.097593, "energy": 24.037589, "activity_lines": [ 29.910896, 29.847505, 30.219447, 30.656801 ] }, { "date": "2024-04-05", "close": 29.148412, "volume": 265159, "typical_volume": 291607.65, "trend": 31.299008, "fair_value": 37.97588, "relative_strength": -25.275913, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.035815, "energy": 34.640957, "activity_lines": [ 29.600208, 29.757939, 30.063418, 30.50388 ] }, { "date": "2024-04-12", "close": 28.493498, "volume": 321000, "typical_volume": 298492.35, "trend": 31.030242, "fair_value": 37.880396, "relative_strength": -25.300553, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.255213, "energy": 45.050758, "activity_lines": [ 29.193971, 29.538427, 29.857867, 30.322879 ] }, { "date": "2024-04-19", "close": 27.326043, "volume": 295655, "typical_volume": 297378.45, "trend": 30.795253, "fair_value": 37.779968, "relative_strength": -25.574521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.98811, "energy": 73.767661, "activity_lines": [ 28.500458, 29.109238, 29.557369, 30.083899 ] }, { "date": "2024-04-26", "close": 28.132821, "volume": 202762, "typical_volume": 294798.4, "trend": 30.567731, "fair_value": 37.690774, "relative_strength": -24.824673, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.549704, "energy": 73.254411, "activity_lines": [ 28.238493, 28.865565, 29.354205, 29.912129 ] }, { "date": "2024-05-03", "close": 29.784343, "volume": 300783, "typical_volume": 287298.3, "trend": 30.444452, "fair_value": 37.60928, "relative_strength": -20.349543, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.42269, "energy": 55.166698, "activity_lines": [ 28.637769, 28.957374, 29.327226, 29.861588 ] }, { "date": "2024-05-10", "close": 29.499598, "volume": 246090, "typical_volume": 285102.35, "trend": 30.322022, "fair_value": 37.534736, "relative_strength": -21.984403, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.966642, "energy": 35.610484, "activity_lines": [ 28.945294, 28.988437, 29.290649, 29.800629 ] }, { "date": "2024-05-17", "close": 30.107054, "volume": 190145, "typical_volume": 281668.9, "trend": 30.314153, "fair_value": 37.460159, "relative_strength": -21.099715, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.847509, "energy": 16.436822, "activity_lines": [ 29.431892, 29.157041, 29.329881, 29.786761 ] }, { "date": "2024-05-24", "close": 29.290785, "volume": 223911, "typical_volume": 281498.3, "trend": 30.303515, "fair_value": 37.37071, "relative_strength": -22.658595, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.744955, "energy": 21.220647, "activity_lines": [ 29.538829, 29.175679, 29.309496, 29.720737 ] }, { "date": "2024-05-31", "close": 29.423666, "volume": 258943, "typical_volume": 281350.75, "trend": 30.236207, "fair_value": 37.273049, "relative_strength": -21.415862, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.503843, "energy": 18.430479, "activity_lines": [ 29.559078, 29.227105, 29.315463, 29.663972 ] }, { "date": "2024-06-07", "close": 28.825701, "volume": 132588, "typical_volume": 270982.75, "trend": 30.192207, "fair_value": 37.172228, "relative_strength": -23.313196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.444606, "energy": 17.810177, "activity_lines": [ 29.293949, 29.176542, 29.269723, 29.572972 ] }, { "date": "2024-06-14", "close": 27.518774, "volume": 225725, "typical_volume": 267435.65, "trend": 30.047929, "fair_value": 37.071318, "relative_strength": -27.223248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.150087, "energy": 45.933929, "activity_lines": [ 28.657086, 28.906647, 29.097977, 29.400493 ] }, { "date": "2024-06-21", "close": 27.278225, "volume": 183965, "typical_volume": 254975.85, "trend": 29.893753, "fair_value": 36.961389, "relative_strength": -27.644112, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.297494, "energy": 67.150567, "activity_lines": [ 28.072096, 28.622647, 28.908234, 29.221802 ] }, { "date": "2024-06-28", "close": 27.441798, "volume": 282065, "typical_volume": 257120.95, "trend": 29.754116, "fair_value": 36.848286, "relative_strength": -26.403909, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.070653, "energy": 71.884404, "activity_lines": [ 27.730219, 28.390483, 28.740535, 29.063611 ] }, { "date": "2024-07-05", "close": 28.673408, "volume": 241891, "typical_volume": 255547.1, "trend": 29.639865, "fair_value": 36.746605, "relative_strength": -23.669837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.778383, "energy": 62.922214, "activity_lines": [ 27.922144, 28.380143, 28.69975, 28.993888 ] }, { "date": "2024-07-12", "close": 30.732505, "volume": 178058, "typical_volume": 250531.95, "trend": 29.548819, "fair_value": 36.665542, "relative_strength": -18.096535, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.154303, "energy": 9.629239, "activity_lines": [ 28.850452, 28.734356, 28.861716, 29.064381 ] }, { "date": "2024-07-19", "close": 29.039042, "volume": 193000, "typical_volume": 243235.95, "trend": 29.40778, "fair_value": 36.568349, "relative_strength": -20.177785, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.335218, "energy": 17.235176, "activity_lines": [ 29.087152, 28.763427, 28.855534, 29.031492 ] }, { "date": "2024-07-26", "close": 28.24042, "volume": 160511, "typical_volume": 233035.3, "trend": 29.21869, "fair_value": 36.45995, "relative_strength": -20.729094, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.227776, "energy": 21.932825, "activity_lines": [ 28.956293, 28.655667, 28.782582, 28.956179 ] }, { "date": "2024-08-02", "close": 26.431494, "volume": 324073, "typical_volume": 234066.45, "trend": 29.027516, "fair_value": 36.336304, "relative_strength": -23.25842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.288708, "energy": 29.380233, "activity_lines": [ 28.158313, 28.252951, 28.545833, 28.77636 ] }, { "date": "2024-08-09", "close": 26.056238, "volume": 720449, "typical_volume": 257407.0, "trend": 28.878568, "fair_value": 36.209846, "relative_strength": -23.498738, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.932121, "energy": 67.387695, "activity_lines": [ 27.302601, 27.833994, 28.289221, 28.584664 ] }, { "date": "2024-08-16", "close": 26.633555, "volume": 188592, "typical_volume": 256768.25, "trend": 28.816253, "fair_value": 36.100189, "relative_strength": -24.007917, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.056471, "energy": 70.943297, "activity_lines": [ 26.813806, 27.581229, 28.10539, 28.439825 ] }, { "date": "2024-08-23", "close": 28.028737, "volume": 123210, "typical_volume": 249670.8, "trend": 28.798863, "fair_value": 35.989419, "relative_strength": -20.326101, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.41389, "energy": 65.402742, "activity_lines": [ 27.063335, 27.621991, 28.069664, 28.389017 ] }, { "date": "2024-08-30", "close": 28.038359, "volume": 120538, "typical_volume": 239647.7, "trend": 28.778946, "fair_value": 35.877812, "relative_strength": -19.672287, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.347301, "energy": 44.794461, "activity_lines": [ 27.383425, 27.655231, 28.040185, 28.339953 ] }, { "date": "2024-09-06", "close": 26.672042, "volume": 106351, "typical_volume": 230182.5, "trend": 28.685959, "fair_value": 35.762142, "relative_strength": -19.48919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.359993, "energy": 33.342894, "activity_lines": [ 27.261547, 27.426228, 27.882748, 28.204023 ] }, { "date": "2024-09-13", "close": 28.182688, "volume": 682047, "typical_volume": 254146.75, "trend": 28.623079, "fair_value": 35.65801, "relative_strength": -17.346465, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.37093, "energy": 17.248501, "activity_lines": [ 27.627181, 27.485884, 27.872297, 28.171554 ] }, { "date": "2024-09-20", "close": 28.269286, "volume": 187428, "typical_volume": 248479.0, "trend": 28.589029, "fair_value": 35.553042, "relative_strength": -17.440022, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.632572, "energy": 14.722636, "activity_lines": [ 27.879918, 27.570208, 27.869855, 28.148729 ] }, { "date": "2024-09-27", "close": 30.819102, "volume": 135912, "typical_volume": 242970.1, "trend": 28.583341, "fair_value": 35.470969, "relative_strength": -9.665635, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.462939, "energy": 24.257009, "activity_lines": [ 28.873544, 28.16292, 28.117468, 28.292604 ] }, { "date": "2024-10-04", "close": 30.482334, "volume": 192167, "typical_volume": 243071.2, "trend": 28.598697, "fair_value": 35.384014, "relative_strength": -10.141187, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.676365, "energy": 38.597649, "activity_lines": [ 29.56889, 28.662036, 28.326724, 28.41512 ] }, { "date": "2024-10-11", "close": 30.530444, "volume": 148605, "typical_volume": 239305.9, "trend": 28.6242, "fair_value": 35.287454, "relative_strength": -10.288665, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 30.913136, "energy": 55.505612, "activity_lines": [ 30.117341, 29.129138, 28.538775, 28.539749 ] }, { "date": "2024-10-18", "close": 28.817737, "volume": 100279, "typical_volume": 231372.7, "trend": 28.591664, "fair_value": 35.177075, "relative_strength": -15.389655, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.46874, "energy": 51.419522, "activity_lines": [ 29.837664, 29.210312, 28.581808, 28.552235 ] }, { "date": "2024-10-25", "close": 29.462408, "volume": 128244, "typical_volume": 231155.5, "trend": 28.579351, "fair_value": 35.062134, "relative_strength": -12.023206, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 56.558131, "energy": 50.004605, "activity_lines": [ 29.730539, 29.358491, 28.689124, 28.608412 ] }, { "date": "2024-11-01", "close": 28.538701, "volume": 117231, "typical_volume": 225730.8, "trend": 28.559027, "fair_value": 34.922606, "relative_strength": -12.911765, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 37.361071, "energy": 21.386141, "activity_lines": [ 29.235971, 29.287288, 28.705435, 28.60579 ] }, { "date": "2024-11-08", "close": 29.231481, "volume": 187151, "typical_volume": 225890.1, "trend": 28.583626, "fair_value": 34.788968, "relative_strength": -14.257872, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.176822, "energy": 17.955841, "activity_lines": [ 29.124357, 29.332774, 28.782869, 28.649174 ] }, { "date": "2024-11-15", "close": 27.938868, "volume": 303713, "typical_volume": 226972.5, "trend": 28.604054, "fair_value": 34.640378, "relative_strength": -15.6283, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.774308, "energy": 13.543166, "activity_lines": [ 28.665261, 29.121546, 28.727896, 28.607577 ] }, { "date": "2024-11-22", "close": 28.230798, "volume": 163894, "typical_volume": 223072.65, "trend": 28.60732, "fair_value": 34.506064, "relative_strength": -15.464857, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.088399, "energy": 14.842824, "activity_lines": [ 28.476248, 28.940363, 28.698358, 28.583496 ] }, { "date": "2024-11-29", "close": 28.375127, "volume": 136552, "typical_volume": 220997.35, "trend": 28.560346, "fair_value": 34.376849, "relative_strength": -15.365409, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.02355, "energy": 9.886647, "activity_lines": [ 28.374473, 28.784547, 28.684674, 28.568515 ] }, { "date": "2024-12-06", "close": 28.971688, "volume": 257880, "typical_volume": 224241.35, "trend": 28.542749, "fair_value": 34.242416, "relative_strength": -13.646396, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.739123, "energy": 13.282826, "activity_lines": [ 28.544037, 28.735272, 28.73903, 28.595054 ] }, { "date": "2024-12-13", "close": 29.366188, "volume": 206121, "typical_volume": 226521.85, "trend": 28.518053, "fair_value": 34.124893, "relative_strength": -11.226126, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.543962, "energy": 14.109229, "activity_lines": [ 28.816236, 28.791313, 28.831279, 28.648179 ] }, { "date": "2024-12-20", "close": 29.029526, "volume": 273892, "typical_volume": 224012.8, "trend": 28.509345, "fair_value": 33.996379, "relative_strength": -9.907327, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.24024, "energy": 16.333619, "activity_lines": [ 28.967233, 28.806437, 28.886104, 28.681177 ] }, { "date": "2024-12-27", "close": 29.263321, "volume": 166195, "typical_volume": 196300.1, "trend": 28.504, "fair_value": 33.867256, "relative_strength": -9.030063, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.252054, "energy": 24.380932, "activity_lines": [ 29.123452, 28.891359, 28.950824, 28.729821 ] }, { "date": "2025-01-03", "close": 29.224355, "volume": 256882, "typical_volume": 199714.6, "trend": 28.517288, "fair_value": 33.736365, "relative_strength": -8.018835, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.374159, "energy": 32.079292, "activity_lines": [ 29.197847, 28.961094, 28.99656, 28.776295 ] }, { "date": "2025-01-10", "close": 28.25021, "volume": 167760, "typical_volume": 201942.1, "trend": 28.54167, "fair_value": 33.595959, "relative_strength": -8.800474, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.864973, "energy": 11.924425, "activity_lines": [ 28.890912, 28.858041, 28.937184, 28.759064 ] }, { "date": "2025-01-17", "close": 29.350994, "volume": 285973, "typical_volume": 210213.85, "trend": 28.610762, "fair_value": 33.489883, "relative_strength": -7.599585, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.842234, "energy": 17.848233, "activity_lines": [ 28.999003, 28.960375, 28.98159, 28.811279 ] }, { "date": "2025-01-24", "close": 29.477633, "volume": 168078, "typical_volume": 213300.2, "trend": 28.678623, "fair_value": 33.399569, "relative_strength": -8.427656, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.903564, "energy": 22.285938, "activity_lines": [ 29.15032, 29.083561, 29.031806, 28.867206 ] }, { "date": "2025-01-31", "close": 29.000302, "volume": 268960, "typical_volume": 192645.85, "trend": 28.689519, "fair_value": 33.296267, "relative_strength": -8.642083, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.717687, "energy": 17.726784, "activity_lines": [ 29.112653, 29.091983, 29.023202, 28.887959 ] }, { "date": "2025-02-07", "close": 28.961336, "volume": 316881, "typical_volume": 199118.5, "trend": 28.63048, "fair_value": 33.197737, "relative_strength": -8.226326, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.284994, "energy": 20.285137, "activity_lines": [ 29.079532, 29.079328, 29.006994, 28.905496 ] }, { "date": "2025-02-14", "close": 30.344622, "volume": 208760, "typical_volume": 202760.9, "trend": 28.674, "fair_value": 33.108835, "relative_strength": -4.861224, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.933287, "energy": 43.317999, "activity_lines": [ 29.525041, 29.307522, 29.119231, 29.016086 ] }, { "date": "2025-02-21", "close": 30.179017, "volume": 133078, "typical_volume": 199806.45, "trend": 28.73862, "fair_value": 33.023301, "relative_strength": -3.553538, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.668414, "energy": 46.3976, "activity_lines": [ 29.775721, 29.480644, 29.217956, 29.113184 ] }, { "date": "2025-02-28", "close": 29.779618, "volume": 149617, "typical_volume": 199857.05, "trend": 28.850224, "fair_value": 32.959626, "relative_strength": -3.513104, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.93763, "energy": 44.422612, "activity_lines": [ 29.838067, 29.566369, 29.280088, 29.180345 ] }, { "date": "2025-03-07", "close": 30.5979, "volume": 157420, "typical_volume": 202714.1, "trend": 29.001613, "fair_value": 32.911009, "relative_strength": 2.520198, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.670996, "energy": 54.563084, "activity_lines": [ 30.15304, 29.787234, 29.423726, 29.293098 ] }, { "date": "2025-03-14", "close": 30.256949, "volume": 118983, "typical_volume": 202251.05, "trend": 29.122392, "fair_value": 32.838889, "relative_strength": 3.939335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.993915, "energy": 43.503238, "activity_lines": [ 30.247857, 29.921843, 29.526416, 29.374087 ] }, { "date": "2025-03-21", "close": 29.867291, "volume": 108534, "typical_volume": 201816.2, "trend": 29.183677, "fair_value": 32.759949, "relative_strength": 2.267939, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.599451, "energy": 30.407832, "activity_lines": [ 30.126414, 29.966831, 29.588212, 29.422145 ] }, { "date": "2025-03-28", "close": 28.824955, "volume": 129383, "typical_volume": 198927.8, "trend": 29.209897, "fair_value": 32.675088, "relative_strength": 0.395998, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.0828, "energy": 14.091597, "activity_lines": [ 29.689347, 29.792902, 29.544412, 29.399002 ] }, { "date": "2025-04-04", "close": 26.029159, "volume": 165414, "typical_volume": 192012.85, "trend": 29.188468, "fair_value": 32.588189, "relative_strength": -0.10069, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -35.250015, "energy": 28.431044, "activity_lines": [ 28.410619, 29.12021, 29.236281, 29.193793 ] }, { "date": "2025-04-11", "close": 26.613646, "volume": 194625, "typical_volume": 193549.4, "trend": 29.136167, "fair_value": 32.510177, "relative_strength": -3.100114, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "down", "direction": -67.169118, "energy": 58.01971, "activity_lines": [ 27.576751, 28.616488, 28.992909, 29.027676 ] }, { "date": "2025-04-18", "close": 26.428558, "volume": 112823, "typical_volume": 192362.95, "trend": 29.074809, "fair_value": 32.43384, "relative_strength": -2.1898, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.110518, "energy": 72.672198, "activity_lines": [ 26.946803, 28.122508, 28.73961, 28.852991 ] }, { "date": "2025-04-25", "close": 28.347624, "volume": 76315, "typical_volume": 183284.7, "trend": 28.992426, "fair_value": 32.376112, "relative_strength": 0.468141, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.800428, "energy": 65.132027, "activity_lines": [ 27.211771, 28.0235, 28.678349, 28.806076 ] }, { "date": "2025-05-02", "close": 28.971077, "volume": 85240, "typical_volume": 177240.65, "trend": 28.942051, "fair_value": 32.321971, "relative_strength": 0.053083, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.091412, "energy": 35.385845, "activity_lines": [ 27.785867, 28.074155, 28.679437, 28.804699 ] }, { "date": "2025-05-09", "close": 29.545823, "volume": 74225, "typical_volume": 167257.3, "trend": 28.90923, "fair_value": 32.276362, "relative_strength": 2.668893, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.608326, "energy": 11.55893, "activity_lines": [ 28.541804, 28.251272, 28.737143, 28.843652 ] }, { "date": "2025-05-16", "close": 30.753763, "volume": 83340, "typical_volume": 163114.55, "trend": 28.973765, "fair_value": 32.241883, "relative_strength": 1.719715, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.214459, "energy": 23.049139, "activity_lines": [ 29.465943, 28.652266, 28.907433, 28.962654 ] }, { "date": "2025-05-23", "close": 30.003671, "volume": 83325, "typical_volume": 154436.7, "trend": 28.991807, "fair_value": 32.188989, "relative_strength": 1.987157, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.957805, "energy": 25.854471, "activity_lines": [ 29.864044, 28.914045, 28.999188, 29.029099 ] }, { "date": "2025-05-30", "close": 29.253579, "volume": 73639, "typical_volume": 149730.65, "trend": 29.015636, "fair_value": 32.131812, "relative_strength": -2.042214, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.886968, "energy": 32.792441, "activity_lines": [ 29.773773, 29.044049, 29.015795, 29.045988 ] }, { "date": "2025-06-06", "close": 29.448408, "volume": 90948, "typical_volume": 139979.4, "trend": 29.022867, "fair_value": 32.086647, "relative_strength": -2.791101, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 42.315485, "energy": 33.086183, "activity_lines": [ 29.688048, 29.220635, 29.046179, 29.073909 ] }, { "date": "2025-06-13", "close": 29.575047, "volume": 170453, "typical_volume": 140098.15, "trend": 29.077406, "fair_value": 32.057818, "relative_strength": -1.955851, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.269793, "energy": 22.04174, "activity_lines": [ 29.612714, 29.408911, 29.08816, 29.109533 ] }, { "date": "2025-06-20", "close": 28.97932, "volume": 263043, "typical_volume": 139802.3, "trend": 29.102357, "fair_value": 32.01425, "relative_strength": -3.704736, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.504133, "energy": 3.835415, "activity_lines": [ 29.336856, 29.424402, 29.072941, 29.103205 ] }, { "date": "2025-06-27", "close": 30.219182, "volume": 259376, "typical_volume": 136927.05, "trend": 29.163825, "fair_value": 31.99203, "relative_strength": -2.883383, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.762721, "energy": 21.173448, "activity_lines": [ 29.592582, 29.62231, 29.175905, 29.175258 ] }, { "date": "2025-07-04", "close": 31.340962, "volume": 156162, "typical_volume": 134297.15, "trend": 29.242801, "fair_value": 31.968205, "relative_strength": -0.874524, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.249655, "energy": 47.658308, "activity_lines": [ 30.207867, 29.955258, 29.379714, 29.315719 ] }, { "date": "2025-07-11", "close": 31.77393, "volume": 127652, "typical_volume": 134025.85, "trend": 29.323059, "fair_value": 31.949398, "relative_strength": 0.949109, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.333087, "energy": 67.584362, "activity_lines": [ 30.828315, 30.312503, 29.620014, 29.479017 ] }, { "date": "2025-07-18", "close": 33.190916, "volume": 217546, "typical_volume": 137422.3, "trend": 29.461772, "fair_value": 31.929876, "relative_strength": 4.812205, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.898077, "energy": 82.766548, "activity_lines": [ 31.766058, 30.876421, 29.987671, 29.728556 ] }, { "date": "2025-07-25", "close": 34.499659, "volume": 422091, "typical_volume": 150655.85, "trend": 29.636317, "fair_value": 31.909476, "relative_strength": 7.250222, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.953589, "energy": 94.024695, "activity_lines": [ 32.89899, 31.612017, 30.463725, 30.053581 ] }, { "date": "2025-08-01", "close": 31.616487, "volume": 289917, "typical_volume": 159202.55, "trend": 29.716055, "fair_value": 31.870089, "relative_strength": 0.694166, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.144209, "energy": 80.193624, "activity_lines": [ 32.702843, 31.755293, 30.646612, 30.181334 ] }, { "date": "2025-08-08", "close": 33.112194, "volume": 65098, "typical_volume": 157030.75, "trend": 29.878121, "fair_value": 31.830937, "relative_strength": 2.80226, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.177571, "energy": 78.685268, "activity_lines": [ 32.91211, 32.141192, 30.965473, 30.40044 ] }, { "date": "2025-08-15", "close": 34.194614, "volume": 73228, "typical_volume": 154223.0, "trend": 30.039575, "fair_value": 31.807843, "relative_strength": 4.950355, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.712895, "energy": 77.377624, "activity_lines": [ 33.364103, 32.653739, 31.37197, 30.678924 ] }, { "date": "2025-08-22", "close": 35.395115, "volume": 110063, "typical_volume": 151455.45, "trend": 30.236824, "fair_value": 31.802509, "relative_strength": 8.140717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.255811, "energy": 67.198763, "activity_lines": [ 34.054883, 33.298263, 31.86723, 31.024442 ] }, { "date": "2025-08-29", "close": 34.794864, "volume": 84076, "typical_volume": 145928.0, "trend": 30.429976, "fair_value": 31.804071, "relative_strength": 6.205425, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.917903, "energy": 77.569157, "activity_lines": [ 34.398633, 33.727831, 32.260724, 31.318509 ] }, { "date": "2025-09-05", "close": 34.499659, "volume": 90157, "typical_volume": 144794.7, "trend": 30.614587, "fair_value": 31.794237, "relative_strength": 4.815907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.090761, "energy": 74.615802, "activity_lines": [ 34.624301, 33.997989, 32.587145, 31.58107 ] }, { "date": "2025-09-12", "close": 34.657102, "volume": 70363, "typical_volume": 144497.1, "trend": 30.758336, "fair_value": 31.794267, "relative_strength": 3.589041, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.497055, "energy": 65.238495, "activity_lines": [ 34.710239, 34.218946, 32.890127, 31.841877 ] }, { "date": "2025-09-19", "close": 36.243338, "volume": 79626, "typical_volume": 144216.4, "trend": 30.96048, "fair_value": 31.819458, "relative_strength": 6.836941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.024611, "energy": 64.841857, "activity_lines": [ 35.221928, 34.668015, 33.314133, 32.195748 ] }, { "date": "2025-09-26", "close": 35.965845, "volume": 63990, "typical_volume": 143704.65, "trend": 31.166688, "fair_value": 31.852611, "relative_strength": 6.329667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.716497, "energy": 62.893292, "activity_lines": [ 35.504538, 34.98537, 33.677082, 32.518675 ] }, { "date": "2025-10-03", "close": 36.920343, "volume": 231877, "typical_volume": 151131.5, "trend": 31.377436, "fair_value": 31.888577, "relative_strength": 7.892364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.43144, "energy": 75.888721, "activity_lines": [ 36.067265, 35.425816, 34.100364, 32.889878 ] }, { "date": "2025-10-10", "close": 34.571099, "volume": 94722, "typical_volume": 151701.35, "trend": 31.521241, "fair_value": 31.917216, "relative_strength": 3.546459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.816031, "energy": 55.405926, "activity_lines": [ 35.705212, 35.395115, 34.270544, 33.095921 ] }, { "date": "2025-10-17", "close": 36.369883, "volume": 367105, "typical_volume": 166374.65, "trend": 31.737994, "fair_value": 31.946761, "relative_strength": 6.874954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.92072, "energy": 55.689169, "activity_lines": [ 35.937991, 35.637745, 34.590287, 33.408737 ] }, { "date": "2025-10-24", "close": 37.943721, "volume": 197386, "typical_volume": 171696.55, "trend": 32.041953, "fair_value": 31.978838, "relative_strength": 9.196882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.459375, "energy": 62.703416, "activity_lines": [ 36.581198, 36.107297, 35.026032, 33.809106 ] }, { "date": "2025-10-31", "close": 38.293047, "volume": 159013, "typical_volume": 171124.55, "trend": 32.450749, "fair_value": 32.012506, "relative_strength": 9.19741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.635391, "energy": 66.839876, "activity_lines": [ 37.227487, 36.572197, 35.454592, 34.212403 ] }, { "date": "2025-11-07", "close": 37.215548, "volume": 163475, "typical_volume": 166146.15, "trend": 32.804146, "fair_value": 32.019609, "relative_strength": 7.637007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.627717, "energy": 70.365489, "activity_lines": [ 37.359464, 36.788499, 35.739019, 34.519809 ] }, { "date": "2025-11-14", "close": 37.758922, "volume": 119926, "typical_volume": 159173.65, "trend": 33.181825, "fair_value": 32.036629, "relative_strength": 8.731195, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.156783, "energy": 69.929435, "activity_lines": [ 37.652885, 37.059583, 36.035976, 34.839472 ] }, { "date": "2025-11-21", "close": 35.818243, "volume": 218261, "typical_volume": 162278.6, "trend": 33.430845, "fair_value": 32.040275, "relative_strength": 4.91306, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.080119, "energy": 47.539762, "activity_lines": [ 37.086891, 36.918557, 36.112203, 35.009563 ] }, { "date": "2025-11-28", "close": 37.434885, "volume": 41929, "typical_volume": 157992.45, "trend": 33.712972, "fair_value": 32.049552, "relative_strength": 5.461171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.603973, "energy": 41.110656, "activity_lines": [ 37.096554, 37.050354, 36.321075, 35.267889 ] }, { "date": "2025-12-05", "close": 37.835479, "volume": 179147, "typical_volume": 156072.5, "trend": 33.989294, "fair_value": 32.069661, "relative_strength": 5.960091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.134248, "energy": 41.049436, "activity_lines": [ 37.27367, 37.233323, 36.541142, 35.533857 ] }, { "date": "2025-12-12", "close": 37.921088, "volume": 64351, "typical_volume": 138185.5, "trend": 34.228205, "fair_value": 32.098863, "relative_strength": 6.558955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.464984, "energy": 38.922474, "activity_lines": [ 37.509828, 37.397863, 36.747245, 35.787521 ] }, { "date": "2025-12-19", "close": 38.155619, "volume": 189669, "typical_volume": 133173.1, "trend": 34.499937, "fair_value": 32.1418, "relative_strength": 6.838243, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.140669, "energy": 45.857195, "activity_lines": [ 37.777126, 37.58685, 36.959392, 36.040902 ] }, { "date": "2025-12-26", "close": 38.605186, "volume": 78396, "typical_volume": 133838.0, "trend": 34.811657, "fair_value": 32.187736, "relative_strength": 6.334647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.083398, "energy": 51.331176, "activity_lines": [ 38.167834, 37.792403, 37.183217, 36.305757 ] }, { "date": "2026-01-02", "close": 38.264833, "volume": 69760, "typical_volume": 133664.6, "trend": 35.105538, "fair_value": 32.222673, "relative_strength": 6.263127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.208106, "energy": 47.36362, "activity_lines": [ 38.259295, 37.895432, 37.348469, 36.528543 ] }, { "date": "2026-01-09", "close": 38.830763, "volume": 112998, "typical_volume": 133811.35, "trend": 35.414062, "fair_value": 32.244796, "relative_strength": 5.882022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.892514, "energy": 55.59434, "activity_lines": [ 38.484069, 38.095519, 37.548238, 36.76888 ] }, { "date": "2026-01-16", "close": 38.582548, "volume": 95305, "typical_volume": 134372.8, "trend": 35.734169, "fair_value": 32.265566, "relative_strength": 5.338255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.1357, "energy": 49.769777, "activity_lines": [ 38.559752, 38.240699, 37.708007, 36.973298 ] }, { "date": "2026-01-23", "close": 39.972553, "volume": 139943, "typical_volume": 136862.1, "trend": 36.059281, "fair_value": 32.274158, "relative_strength": 9.163502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.627832, "energy": 60.279465, "activity_lines": [ 39.054673, 38.613753, 37.982121, 37.246743 ] }, { "date": "2026-01-30", "close": 38.053354, "volume": 103635, "typical_volume": 138525.7, "trend": 36.283028, "fair_value": 32.268302, "relative_strength": 3.277434, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.645044, "energy": 41.92991, "activity_lines": [ 38.788732, 38.597614, 38.047393, 37.375392 ] }, { "date": "2026-02-06", "close": 38.716585, "volume": 171810, "typical_volume": 143134.9, "trend": 36.51445, "fair_value": 32.277362, "relative_strength": 5.006423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.839053, "energy": 38.246171, "activity_lines": [ 38.780657, 38.661424, 38.159657, 37.532396 ] }, { "date": "2026-02-13", "close": 39.515837, "volume": 127084, "typical_volume": 146289.6, "trend": 36.72528, "fair_value": 32.289102, "relative_strength": 8.271755, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.147864, "energy": 42.929962, "activity_lines": [ 39.008883, 38.847248, 38.336262, 37.726034 ] }, { "date": "2026-02-20", "close": 39.429458, "volume": 35143, "typical_volume": 136452.9, "trend": 36.889607, "fair_value": 32.315063, "relative_strength": 6.59042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.984707, "energy": 39.569492, "activity_lines": [ 39.162644, 38.986816, 38.487737, 37.900497 ] }, { "date": "2026-02-27", "close": 40.478911, "volume": 56445, "typical_volume": 134539.05, "trend": 37.185021, "fair_value": 32.335479, "relative_strength": 9.649885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.390601, "energy": 59.153037, "activity_lines": [ 39.609761, 39.289768, 38.727211, 38.132065 ] }, { "date": "2026-03-06", "close": 36.646471, "volume": 107843, "typical_volume": 121575.95, "trend": 37.30283, "fair_value": 32.352297, "relative_strength": 1.250658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.15272, "energy": 16.328324, "activity_lines": [ 38.745642, 38.853671, 38.573558, 38.09732 ] }, { "date": "2026-03-13", "close": 36.9344, "volume": 60900, "typical_volume": 114751.65, "trend": 37.394157, "fair_value": 32.379421, "relative_strength": 3.549886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.506239, "energy": 10.169225, "activity_lines": [ 38.071291, 38.505538, 38.44601, 38.07355 ] }, { "date": "2026-03-20", "close": 35.822397, "volume": 176484, "typical_volume": 115625.2, "trend": 37.408399, "fair_value": 32.394651, "relative_strength": 2.212767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -27.890521, "energy": 27.990415, "activity_lines": [ 37.145085, 37.979413, 38.217364, 37.972146 ] }, { "date": "2026-03-27", "close": 36.924472, "volume": 91391, "typical_volume": 112021.0, "trend": 37.479386, "fair_value": 32.402826, "relative_strength": 7.542741, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.184848, "energy": 28.69342, "activity_lines": [ 36.832467, 37.708362, 38.105442, 37.940925 ] }, { "date": "2026-04-03", "close": 38.542338, "volume": 44101, "typical_volume": 108229.75, "trend": 37.614142, "fair_value": 32.431976, "relative_strength": 8.277424, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -7.029614, "energy": 17.776221, "activity_lines": [ 37.226136, 37.761615, 38.148988, 38.009503 ] }, { "date": "2026-04-10", "close": 40.240029, "volume": 44494, "typical_volume": 99541.4, "trend": 37.80024, "fair_value": 32.466707, "relative_strength": 8.775806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.82121, "energy": 16.54875, "activity_lines": [ 38.314807, 38.149544, 38.350489, 38.178915 ] }, { "date": "2026-04-17", "close": 43.100062, "volume": 107742, "typical_volume": 102832.05, "trend": 38.028797, "fair_value": 32.529065, "relative_strength": 11.084674, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 74.397588, "energy": 50.087932, "activity_lines": [ 40.117252, 39.017721, 38.803318, 38.520839 ] }, { "date": "2026-04-24", "close": 42.558159, "volume": 54864, "typical_volume": 96617.9, "trend": 38.248541, "fair_value": 32.585328, "relative_strength": 8.815438, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.700388, "energy": 69.367929, "activity_lines": [ 41.328019, 39.70767, 39.177559, 38.813056 ] }, { "date": "2026-05-01", "close": 43.215135, "volume": 139628, "typical_volume": 100381.75, "trend": 38.458368, "fair_value": 32.643598, "relative_strength": 9.14978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.439741, "energy": 80.221592, "activity_lines": [ 42.308726, 40.461755, 39.591882, 39.133481 ] }, { "date": "2026-05-08", "close": 44.53971, "volume": 136982, "typical_volume": 97747.4, "trend": 38.790655, "fair_value": 32.709168, "relative_strength": 9.62217, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.743076, "energy": 85.247285, "activity_lines": [ 43.311581, 41.387841, 40.107144, 39.525826 ] }, { "date": "2026-05-15", "close": 42.881633, "volume": 187371, "typical_volume": 103196.15, "trend": 39.007713, "fair_value": 32.76113, "relative_strength": 5.112144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.937871, "energy": 75.62087, "activity_lines": [ 43.361919, 41.938625, 40.434094, 39.78976 ] }, { "date": "2026-05-22", "close": 42.434846, "volume": 86216, "typical_volume": 104018.95, "trend": 39.157417, "fair_value": 32.811896, "relative_strength": 2.952752, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.464609, "energy": 55.868068, "activity_lines": [ 43.087221, 42.294809, 40.698128, 40.010865 ] }, { "date": "2026-05-29", "close": 44.634031, "volume": 46017, "typical_volume": 100669.9, "trend": 39.368783, "fair_value": 32.872053, "relative_strength": 6.410815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.138769, "energy": 52.866785, "activity_lines": [ 43.589933, 42.950837, 41.151752, 40.364195 ] }, { "date": "2026-06-05", "close": 40.588126, "volume": 247675, "typical_volume": 108288.4, "trend": 39.481202, "fair_value": 32.899705, "relative_strength": -0.933996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.961204, "energy": 31.263804, "activity_lines": [ 42.605618, 42.711034, 41.192417, 40.442862 ] }, { "date": "2026-06-12", "close": 41.233485, "volume": 237577, "typical_volume": 113170.1, "trend": 39.597021, "fair_value": 32.917634, "relative_strength": -0.118235, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.187591, "energy": 23.03893, "activity_lines": [ 42.011556, 42.521958, 41.284994, 40.555913 ] }, { "date": "2026-06-19", "close": 40.38, "volume": 74663, "typical_volume": 111721.5, "trend": 39.74908, "fair_value": 32.946302, "relative_strength": -3.245488, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.197294, "energy": 17.667251, "activity_lines": [ 41.353415, 42.128772, 41.290282, 40.606428 ] }, { "date": "2026-06-26", "close": 36.899, "volume": 79274, "typical_volume": 107094.7, "trend": 39.731217, "fair_value": 32.936325, "relative_strength": -9.4625, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.361538, "energy": 27.323912, "activity_lines": [ 39.701716, 41.100132, 40.952967, 40.422552 ] }, { "date": "2026-07-03", "close": 37.7379, "volume": 285489, "typical_volume": 115014.95, "trend": 39.727964, "fair_value": 32.921604, "relative_strength": -9.367168, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -25.761569, "energy": 32.54873, "activity_lines": [ 38.698706, 40.336766, 40.704203, 40.29395 ] }, { "date": "2026-07-10", "close": 36.86, "volume": 80585, "typical_volume": 117287.05, "trend": 39.692595, "fair_value": 32.895349, "relative_strength": -12.587218, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.729774, "energy": 47.27932, "activity_lines": [ 37.862806, 39.501423, 40.380296, 40.10892 ] }, { "date": "2026-07-17", "close": 36.11, "volume": 83026, "typical_volume": 118616.1, "trend": 39.624407, "fair_value": 32.865673, "relative_strength": -12.875788, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.953129, "energy": 62.217154, "activity_lines": [ 37.025447, 38.645264, 39.997195, 39.877785 ] }, { "date": "2026-07-24", "close": 34.84, "volume": 265573, "typical_volume": 126502.6, "trend": 39.498901, "fair_value": 32.814235, "relative_strength": -15.221763, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.514467, "energy": 70.725099, "activity_lines": [ 36.10632, 37.711464, 39.513947, 39.569114 ] }, { "date": "2026-07-31", "close": 35.76, "volume": 103059, "typical_volume": 128610.55, "trend": 39.415407, "fair_value": 32.785448, "relative_strength": -13.82093, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.16196, "energy": 73.81054, "activity_lines": [ 35.863193, 37.091148, 39.126919, 39.327894 ] }, { "date": "2026-08-07", "close": 37.2502, "volume": 99808, "typical_volume": 124776.75, "trend": 39.362721, "fair_value": 32.779832, "relative_strength": -13.143426, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.294986, "energy": 61.638295, "activity_lines": [ 36.192733, 36.863138, 38.887408, 39.188204 ] } ], "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." } } }