{ "ticker": { "uuid": "35dffcf1-2ea0-40f5-967a-f71411237cb0", "symbol": "DWUS", "name": "ADVISORSHARES DORSEY WRIGHT FSM US CORE ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 77.344, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 35.595, "architecture_energy": 25.108, "architecture_maturity": 66.131, "architecture_confidence": 80.177, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 43.32, "rotation_up": 26.3, "upward_expansion": 56.6, "deceleration": 88.26, "rotation_down": 36.46, "downward_expansion": 20.26 }, "activity_lines": [ 58.86554, 59.527518, 59.395838, 58.137382 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 60.3687, "trend_reference": 56.730147, "distance_from_trend": 0.064138, "trend_direction": "Improving", "fair_value": 48.328646, "distance_from_fair_value": 0.249129, "fair_value_direction": "Weakening", "relative_strength": -4.588875, "relative_strength_direction": "Improving", "price_momentum": 0.109138, "excess_performance": -0.078316, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.064138, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035546, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.249129, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.029634, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.045889, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.024863, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.109138, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.480021, "read": "Demand-led" } ], "volume": { "latest": 4971, "relative_activity": 0.718914, "balance": 1.480021, "dry_up": 0.35049, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.04285, "annualized_volatility": 0.202725, "from_high_reference": -0.055751, "from_low_reference": 0.222578 }, "levels": { "trend_reference": 56.730147, "fair_value_reference": 48.328646, "structural_low": 49.3782, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.006899, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.002988, "regime_survival": 0.307692, "best_return": 0.078962, "worst_return": -0.077915, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.052907, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.01229, "regime_survival": 0.0, "best_return": 0.130803, "worst_return": -0.067209, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.092683, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.038919, "regime_survival": 0.0, "best_return": 0.186075, "worst_return": 0.002677, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.097488, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.005601, "regime_survival": 0.0, "best_return": 0.146866, "worst_return": -0.189421, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.060948, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-21", "tenure": "Developing", "return": -0.062201, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-11", "tenure": "New", "return": -0.03519, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.124859, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-07-11", "tenure": "Developing", "return": 0.025041, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-11-21", "tenure": "Established", "return": 0.022058, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-19", "tenure": "New", "return": 0.001271, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-02-13", "tenure": "Developing", "return": -0.024283, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-20", "end": "2026-03-13", "tenure": "New", "return": -0.044721, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.02709, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.103962, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": 0.036712, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": -0.014504, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.042481, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 35.670517, "volume": 9221, "typical_volume": 13035.7, "trend": 34.580316, "fair_value": 34.672886, "relative_strength": -9.013029, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.617071, "energy": 41.846027, "activity_lines": [ 36.540553, 36.700838, 36.027893, 35.330861 ] }, { "date": "2023-08-25", "close": 36.108314, "volume": 1586, "typical_volume": 13106.0, "trend": 34.64902, "fair_value": 34.702493, "relative_strength": -9.220139, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.699963, "energy": 27.928467, "activity_lines": [ 36.291718, 36.603446, 36.106516, 35.429441 ] }, { "date": "2023-09-01", "close": 37.312256, "volume": 14793, "typical_volume": 13349.95, "trend": 34.750841, "fair_value": 34.746111, "relative_strength": -9.368128, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.428089, "energy": 31.372638, "activity_lines": [ 36.527113, 36.728481, 36.285965, 35.601263 ] }, { "date": "2023-09-08", "close": 36.673769, "volume": 14829, "typical_volume": 12656.25, "trend": 34.845256, "fair_value": 34.792372, "relative_strength": -9.525505, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.124183, "energy": 25.618448, "activity_lines": [ 36.585831, 36.70783, 36.386586, 35.725323 ] }, { "date": "2023-09-15", "close": 36.663123, "volume": 1588, "typical_volume": 11731.9, "trend": 34.938335, "fair_value": 34.840127, "relative_strength": -8.898365, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.001222, "energy": 32.766508, "activity_lines": [ 36.65564, 36.684189, 36.470993, 35.842605 ] }, { "date": "2023-09-22", "close": 35.590918, "volume": 16080, "typical_volume": 12342.9, "trend": 35.025314, "fair_value": 34.877937, "relative_strength": -8.284328, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.817555, "energy": 21.18491, "activity_lines": [ 36.357414, 36.458389, 36.438987, 35.884707 ] }, { "date": "2023-09-29", "close": 35.481468, "volume": 13437, "typical_volume": 12894.55, "trend": 35.088111, "fair_value": 34.913144, "relative_strength": -8.444255, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.933005, "energy": 10.839811, "activity_lines": [ 36.028012, 36.243702, 36.385892, 35.914136 ] }, { "date": "2023-10-06", "close": 35.817677, "volume": 5188, "typical_volume": 13088.4, "trend": 35.22138, "fair_value": 34.94264, "relative_strength": -8.975527, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.41463, "energy": 16.669426, "activity_lines": [ 35.852468, 36.124155, 36.354302, 35.961205 ] }, { "date": "2023-10-13", "close": 35.890709, "volume": 22713, "typical_volume": 14077.2, "trend": 35.357406, "fair_value": 34.970872, "relative_strength": -8.666406, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.127539, "energy": 19.021822, "activity_lines": [ 35.800908, 36.054919, 36.321164, 36.004387 ] }, { "date": "2023-10-20", "close": 34.904372, "volume": 3252, "typical_volume": 14049.95, "trend": 35.45002, "fair_value": 34.996561, "relative_strength": -8.271208, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -15.692103, "energy": 31.862172, "activity_lines": [ 35.472772, 35.82458, 36.187111, 35.975159 ] }, { "date": "2023-10-27", "close": 34.098427, "volume": 13992, "typical_volume": 14057.65, "trend": 35.473216, "fair_value": 35.028067, "relative_strength": -7.692897, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -44.215403, "energy": 56.114888, "activity_lines": [ 34.993238, 35.476783, 35.977045, 35.88796 ] }, { "date": "2023-11-03", "close": 36.128214, "volume": 8089, "typical_volume": 11912.9, "trend": 35.570726, "fair_value": 35.054665, "relative_strength": -7.774598, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -13.845579, "energy": 25.842784, "activity_lines": [ 35.289799, 35.526621, 35.965538, 35.930218 ] }, { "date": "2023-11-10", "close": 37.013758, "volume": 21435, "typical_volume": 12075.65, "trend": 35.686911, "fair_value": 35.090329, "relative_strength": -7.880317, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 39.039271, "energy": 20.307888, "activity_lines": [ 35.838425, 35.737106, 36.039198, 36.023316 ] }, { "date": "2023-11-17", "close": 37.660504, "volume": 10688, "typical_volume": 12533.05, "trend": 35.82621, "fair_value": 35.130136, "relative_strength": -7.790636, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 57.24216, "energy": 34.180282, "activity_lines": [ 36.522895, 36.070607, 36.168123, 36.150645 ] }, { "date": "2023-11-24", "close": 38.018702, "volume": 6168, "typical_volume": 12817.75, "trend": 35.971479, "fair_value": 35.166946, "relative_strength": -7.379549, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 74.532857, "energy": 55.27461, "activity_lines": [ 37.208777, 36.451296, 36.326186, 36.292096 ] }, { "date": "2023-12-01", "close": 38.28735, "volume": 6609, "typical_volume": 13007.0, "trend": 36.136012, "fair_value": 35.202215, "relative_strength": -6.484144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.49846, "energy": 81.063731, "activity_lines": [ 37.776587, 36.856182, 36.501492, 36.441507 ] }, { "date": "2023-12-08", "close": 38.36695, "volume": 3412, "typical_volume": 10821.55, "trend": 36.305804, "fair_value": 35.23966, "relative_strength": -6.442458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.720793, "energy": 83.569986, "activity_lines": [ 38.091668, 37.226515, 36.67966, 36.585439 ] }, { "date": "2023-12-15", "close": 39.548902, "volume": 15967, "typical_volume": 10419.2, "trend": 36.489702, "fair_value": 35.278415, "relative_strength": -6.28319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.847517, "energy": 89.784009, "activity_lines": [ 38.651485, 37.759285, 36.965562, 36.794671 ] }, { "date": "2023-12-22", "close": 39.615666, "volume": 8715, "typical_volume": 10245.6, "trend": 36.662718, "fair_value": 35.317688, "relative_strength": -6.518632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.794672, "energy": 90.812625, "activity_lines": [ 39.064546, 38.236354, 37.249755, 36.996346 ] }, { "date": "2023-12-29", "close": 39.977708, "volume": 26915, "typical_volume": 11233.85, "trend": 36.826615, "fair_value": 35.358702, "relative_strength": -5.491258, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.008313, "energy": 90.888612, "activity_lines": [ 39.467944, 38.711522, 37.555464, 37.210216 ] }, { "date": "2024-01-05", "close": 39.019702, "volume": 5226, "typical_volume": 11034.1, "trend": 36.953939, "fair_value": 35.386826, "relative_strength": -4.268388, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.185364, "energy": 80.690975, "activity_lines": [ 39.421406, 38.920264, 37.753391, 37.351706 ] }, { "date": "2024-01-12", "close": 40.006748, "volume": 9433, "typical_volume": 11426.45, "trend": 37.07742, "fair_value": 35.42608, "relative_strength": -4.468787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.876648, "energy": 75.621431, "activity_lines": [ 39.65506, 39.218992, 38.029374, 37.548661 ] }, { "date": "2024-01-19", "close": 40.671365, "volume": 10236, "typical_volume": 11198.6, "trend": 37.24365, "fair_value": 35.460674, "relative_strength": -5.149466, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.605557, "energy": 73.321778, "activity_lines": [ 40.000934, 39.56804, 38.35009, 37.780529 ] }, { "date": "2024-01-26", "close": 41.114443, "volume": 4809, "typical_volume": 10697.6, "trend": 37.393606, "fair_value": 35.506281, "relative_strength": -4.373306, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.891616, "energy": 78.479811, "activity_lines": [ 40.419669, 39.931146, 38.697009, 38.030257 ] }, { "date": "2024-02-02", "close": 41.719084, "volume": 13990, "typical_volume": 11317.7, "trend": 37.575362, "fair_value": 35.543582, "relative_strength": -3.862213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.326307, "energy": 92.900462, "activity_lines": [ 40.940032, 40.341388, 39.080366, 38.30932 ] }, { "date": "2024-02-09", "close": 42.621307, "volume": 20937, "typical_volume": 11560.55, "trend": 37.752851, "fair_value": 35.582305, "relative_strength": -3.29252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.132832, "energy": 95.148585, "activity_lines": [ 41.645045, 40.848391, 39.525573, 38.634865 ] }, { "date": "2024-02-16", "close": 42.1441, "volume": 15815, "typical_volume": 11679.45, "trend": 37.912586, "fair_value": 35.622257, "relative_strength": -2.650937, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.472837, "energy": 89.651939, "activity_lines": [ 41.950882, 41.18983, 39.891853, 38.918171 ] }, { "date": "2024-02-23", "close": 42.827179, "volume": 15345, "typical_volume": 12187.3, "trend": 38.078341, "fair_value": 35.679433, "relative_strength": -2.185197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.162411, "energy": 80.608295, "activity_lines": [ 42.341922, 41.586789, 40.291462, 39.235242 ] }, { "date": "2024-03-01", "close": 44.158109, "volume": 11634, "typical_volume": 11633.35, "trend": 38.320499, "fair_value": 35.752691, "relative_strength": -0.881718, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.296043, "energy": 74.434372, "activity_lines": [ 43.032884, 42.166131, 40.784448, 39.627485 ] }, { "date": "2024-03-08", "close": 43.729002, "volume": 3875, "typical_volume": 11664.5, "trend": 38.561345, "fair_value": 35.817438, "relative_strength": -0.152021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.46836, "energy": 69.32324, "activity_lines": [ 43.377899, 42.584863, 41.197198, 39.976421 ] }, { "date": "2024-03-15", "close": 42.990539, "volume": 14745, "typical_volume": 11702.15, "trend": 38.805346, "fair_value": 35.879468, "relative_strength": -0.57298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.237196, "energy": 66.097124, "activity_lines": [ 43.342766, 42.801124, 41.497596, 40.262175 ] }, { "date": "2024-03-22", "close": 44.428746, "volume": 4290, "typical_volume": 11512.2, "trend": 39.082693, "fair_value": 35.953362, "relative_strength": -0.159241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.945013, "energy": 69.896145, "activity_lines": [ 43.762419, 43.20668, 41.892622, 40.624975 ] }, { "date": "2024-03-29", "close": 44.238142, "volume": 4433, "typical_volume": 10662.1, "trend": 39.313556, "fair_value": 36.016353, "relative_strength": 0.042281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.451792, "energy": 65.859372, "activity_lines": [ 43.966228, 43.497181, 42.22997, 40.957585 ] }, { "date": "2024-04-05", "close": 44.045344, "volume": 4143, "typical_volume": 10334.85, "trend": 39.559275, "fair_value": 36.069249, "relative_strength": 0.505679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.175919, "energy": 61.881891, "activity_lines": [ 44.011707, 43.687777, 42.514554, 41.262861 ] }, { "date": "2024-04-12", "close": 43.421642, "volume": 14538, "typical_volume": 10753.35, "trend": 39.784559, "fair_value": 36.113453, "relative_strength": -0.287707, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.348873, "energy": 57.224653, "activity_lines": [ 43.856803, 43.711684, 42.709334, 41.512046 ] }, { "date": "2024-04-19", "close": 41.019939, "volume": 3929, "typical_volume": 10619.35, "trend": 39.965527, "fair_value": 36.143715, "relative_strength": -0.291818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.523434, "energy": 27.834102, "activity_lines": [ 42.921822, 43.267961, 42.649651, 41.591748 ] }, { "date": "2024-04-26", "close": 42.602945, "volume": 14754, "typical_volume": 11186.45, "trend": 40.202909, "fair_value": 36.186066, "relative_strength": -0.252432, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.244989, "energy": 23.474272, "activity_lines": [ 42.645882, 43.141174, 42.727719, 41.761904 ] }, { "date": "2024-05-03", "close": 42.830871, "volume": 8709, "typical_volume": 10823.55, "trend": 40.436682, "fair_value": 36.233158, "relative_strength": -0.641958, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.858188, "energy": 23.852574, "activity_lines": [ 42.567639, 43.047486, 42.807323, 41.93145 ] }, { "date": "2024-05-10", "close": 43.722416, "volume": 3979, "typical_volume": 10586.75, "trend": 40.697739, "fair_value": 36.289799, "relative_strength": -0.002949, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.492744, "energy": 25.013266, "activity_lines": [ 42.880395, 43.115829, 42.956208, 42.143433 ] }, { "date": "2024-05-17", "close": 44.502891, "volume": 4551, "typical_volume": 9468.55, "trend": 41.01769, "fair_value": 36.352062, "relative_strength": -0.339485, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.187309, "energy": 40.423873, "activity_lines": [ 43.474837, 43.333998, 43.159867, 42.388927 ] }, { "date": "2024-05-24", "close": 45.160523, "volume": 5997, "typical_volume": 9507.1, "trend": 41.386426, "fair_value": 36.414931, "relative_strength": -0.217199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.982101, "energy": 67.982523, "activity_lines": [ 44.216408, 43.657667, 43.40461, 42.656206 ] }, { "date": "2024-05-31", "close": 44.312787, "volume": 4243, "typical_volume": 9247.6, "trend": 41.659245, "fair_value": 36.470846, "relative_strength": -0.494244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.439378, "energy": 69.937791, "activity_lines": [ 44.39936, 43.787747, 43.539374, 42.845004 ] }, { "date": "2024-06-07", "close": 45.244947, "volume": 2584, "typical_volume": 8865.0, "trend": 41.933618, "fair_value": 36.531083, "relative_strength": -1.046487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.547432, "energy": 78.317268, "activity_lines": [ 44.779043, 44.089419, 43.74241, 43.076339 ] }, { "date": "2024-06-14", "close": 46.518198, "volume": 1603, "typical_volume": 8704.7, "trend": 42.228875, "fair_value": 36.602685, "relative_strength": -1.664614, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.897109, "energy": 86.342234, "activity_lines": [ 45.422205, 44.604286, 44.044929, 43.372119 ] }, { "date": "2024-06-21", "close": 46.837533, "volume": 8745, "typical_volume": 8442.45, "trend": 42.522836, "fair_value": 36.670695, "relative_strength": -1.166602, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.93106, "energy": 87.872385, "activity_lines": [ 45.985426, 45.132253, 44.352129, 43.669452 ] }, { "date": "2024-06-28", "close": 46.764485, "volume": 2563, "typical_volume": 7523.75, "trend": 42.805407, "fair_value": 36.735457, "relative_strength": -1.216848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.303462, "energy": 86.683071, "activity_lines": [ 46.368655, 45.584831, 44.627998, 43.943106 ] }, { "date": "2024-07-05", "close": 47.960197, "volume": 5577, "typical_volume": 7011.85, "trend": 43.125182, "fair_value": 36.806168, "relative_strength": -2.114458, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.487765, "energy": 92.250197, "activity_lines": [ 47.043524, 46.150365, 44.998015, 44.275673 ] }, { "date": "2024-07-12", "close": 48.009694, "volume": 7794, "typical_volume": 6634.3, "trend": 43.407208, "fair_value": 36.878511, "relative_strength": -1.708956, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.264202, "energy": 89.409113, "activity_lines": [ 47.491732, 46.627494, 45.34505, 44.590803 ] }, { "date": "2024-07-19", "close": 46.054163, "volume": 1115, "typical_volume": 6108.35, "trend": 43.621825, "fair_value": 36.934854, "relative_strength": -1.766309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.298595, "energy": 62.061455, "activity_lines": [ 47.103779, 46.654911, 45.481166, 44.761574 ] }, { "date": "2024-07-26", "close": 45.057737, "volume": 3576, "typical_volume": 6093.4, "trend": 43.791159, "fair_value": 36.985406, "relative_strength": -1.304704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.423673, "energy": 44.001342, "activity_lines": [ 46.41462, 46.458765, 45.513355, 44.854214 ] }, { "date": "2024-08-02", "close": 43.309874, "volume": 17417, "typical_volume": 6227.0, "trend": 43.934165, "fair_value": 37.022331, "relative_strength": -2.063381, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.360365, "energy": 17.313643, "activity_lines": [ 45.261493, 45.934737, 45.372754, 44.823163 ] }, { "date": "2024-08-09", "close": 43.639189, "volume": 16756, "typical_volume": 6850.3, "trend": 44.055246, "fair_value": 37.060465, "relative_strength": -1.615748, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.700847, "energy": 25.255895, "activity_lines": [ 44.448445, 45.504233, 45.261996, 44.804133 ] }, { "date": "2024-08-16", "close": 45.6043, "volume": 11512, "typical_volume": 7204.25, "trend": 44.219678, "fair_value": 37.113285, "relative_strength": -2.432456, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.702055, "energy": 27.846802, "activity_lines": [ 44.578501, 45.443269, 45.34215, 44.904072 ] }, { "date": "2024-08-23", "close": 46.159344, "volume": 7325, "typical_volume": 7363.35, "trend": 44.387841, "fair_value": 37.164627, "relative_strength": -2.19654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.61355, "energy": 24.285173, "activity_lines": [ 45.053931, 45.476689, 45.468661, 45.029211 ] }, { "date": "2024-08-30", "close": 45.994288, "volume": 3493, "typical_volume": 6811.1, "trend": 44.530348, "fair_value": 37.212398, "relative_strength": -1.726782, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.157032, "energy": 13.717528, "activity_lines": [ 45.467331, 45.486623, 45.569385, 45.132853 ] }, { "date": "2024-09-06", "close": 43.818815, "volume": 12721, "typical_volume": 7250.7, "trend": 44.570265, "fair_value": 37.250265, "relative_strength": -0.591818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.76624, "energy": 5.730001, "activity_lines": [ 45.093137, 45.116348, 45.450671, 45.086948 ] }, { "date": "2024-09-13", "close": 45.922837, "volume": 13896, "typical_volume": 7207.8, "trend": 44.696223, "fair_value": 37.303151, "relative_strength": -1.602818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.006879, "energy": 19.30774, "activity_lines": [ 45.386353, 45.18218, 45.519011, 45.17421 ] }, { "date": "2024-09-20", "close": 46.556119, "volume": 1406, "typical_volume": 6842.65, "trend": 44.820521, "fair_value": 37.359769, "relative_strength": -1.64693, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.174242, "energy": 23.590736, "activity_lines": [ 45.738421, 45.400197, 45.631856, 45.294204 ] }, { "date": "2024-09-27", "close": 46.966664, "volume": 4516, "typical_volume": 6869.5, "trend": 44.914139, "fair_value": 37.424587, "relative_strength": -1.733801, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.339578, "energy": 34.432749, "activity_lines": [ 46.163882, 45.719287, 45.76606, 45.432665 ] }, { "date": "2024-10-04", "close": 46.972253, "volume": 8691, "typical_volume": 7076.5, "trend": 45.022247, "fair_value": 37.48797, "relative_strength": -1.789072, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.273603, "energy": 53.604594, "activity_lines": [ 46.537384, 46.022803, 45.885348, 45.565446 ] }, { "date": "2024-10-11", "close": 47.58887, "volume": 14519, "typical_volume": 7502.6, "trend": 45.175525, "fair_value": 37.550725, "relative_strength": -1.670393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.029875, "energy": 63.131959, "activity_lines": [ 47.051229, 46.403622, 46.051603, 45.731035 ] }, { "date": "2024-10-18", "close": 47.862301, "volume": 2317, "typical_volume": 7406.3, "trend": 45.289977, "fair_value": 37.611349, "relative_strength": -1.282683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.767633, "energy": 69.452832, "activity_lines": [ 47.404879, 46.756355, 46.232335, 45.904375 ] }, { "date": "2024-10-25", "close": 47.690758, "volume": 2579, "typical_volume": 7406.05, "trend": 45.405064, "fair_value": 37.668419, "relative_strength": -1.744771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.573625, "energy": 68.839012, "activity_lines": [ 47.572052, 47.001115, 46.379827, 46.059264 ] }, { "date": "2024-11-01", "close": 46.842523, "volume": 2411, "typical_volume": 7446.45, "trend": 45.498303, "fair_value": 37.712512, "relative_strength": -1.875816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.698151, "energy": 59.514715, "activity_lines": [ 47.380836, 47.053714, 46.434888, 46.152003 ] }, { "date": "2024-11-08", "close": 49.34731, "volume": 4025, "typical_volume": 7210.45, "trend": 45.695826, "fair_value": 37.773586, "relative_strength": -1.950791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.237084, "energy": 75.00809, "activity_lines": [ 48.032826, 47.549308, 46.726956, 46.400326 ] }, { "date": "2024-11-15", "close": 48.229636, "volume": 5374, "typical_volume": 7351.0, "trend": 45.936149, "fair_value": 37.825543, "relative_strength": -0.759434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.614229, "energy": 64.257693, "activity_lines": [ 48.15392, 47.780725, 46.900627, 46.563798 ] }, { "date": "2024-11-22", "close": 49.367269, "volume": 3898, "typical_volume": 7267.05, "trend": 46.161626, "fair_value": 37.891794, "relative_strength": -0.257141, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.356234, "energy": 73.225308, "activity_lines": [ 48.611508, 48.138787, 47.175668, 46.785161 ] }, { "date": "2024-11-29", "close": 49.846272, "volume": 3114, "typical_volume": 7033.05, "trend": 46.395473, "fair_value": 37.965868, "relative_strength": -0.048698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.907869, "energy": 84.151466, "activity_lines": [ 49.128432, 48.521315, 47.489627, 47.02288 ] }, { "date": "2024-12-06", "close": 50.115013, "volume": 4112, "typical_volume": 7182.9, "trend": 46.60856, "fair_value": 38.031887, "relative_strength": -2.641605, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.260138, "energy": 87.965656, "activity_lines": [ 49.591236, 48.892883, 47.820435, 47.26285 ] }, { "date": "2024-12-13", "close": 49.536916, "volume": 3095, "typical_volume": 7158.85, "trend": 46.776361, "fair_value": 38.100796, "relative_strength": -4.407845, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.194011, "energy": 85.282758, "activity_lines": [ 49.643175, 49.102101, 48.07685, 47.451776 ] }, { "date": "2024-12-20", "close": 48.628806, "volume": 24609, "typical_volume": 7518.45, "trend": 46.89197, "fair_value": 38.157341, "relative_strength": -3.942299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.670032, "energy": 65.075469, "activity_lines": [ 49.37977, 49.099577, 48.225447, 47.571289 ] }, { "date": "2024-12-27", "close": 48.906692, "volume": 34267, "typical_volume": 8394.0, "trend": 47.0451, "fair_value": 38.212099, "relative_strength": -4.180329, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.900021, "energy": 46.688259, "activity_lines": [ 49.182382, 49.12867, 48.375182, 47.701271 ] }, { "date": "2025-01-03", "close": 48.805621, "volume": 4261, "typical_volume": 8031.45, "trend": 47.163789, "fair_value": 38.27419, "relative_strength": -3.552995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.454877, "energy": 31.511003, "activity_lines": [ 48.982009, 49.120398, 48.490208, 47.814853 ] }, { "date": "2025-01-10", "close": 47.895889, "volume": 13491, "typical_volume": 8339.75, "trend": 47.209712, "fair_value": 38.3306, "relative_strength": -3.15216, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.774324, "energy": 23.31998, "activity_lines": [ 48.547769, 48.926449, 48.503349, 47.862085 ] }, { "date": "2025-01-17", "close": 49.805327, "volume": 13618, "typical_volume": 8846.0, "trend": 47.308639, "fair_value": 38.414569, "relative_strength": -2.067291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.427528, "energy": 27.139206, "activity_lines": [ 48.89795, 49.060519, 48.690071, 48.029544 ] }, { "date": "2025-01-24", "close": 50.815029, "volume": 11266, "typical_volume": 8773.25, "trend": 47.443657, "fair_value": 38.510821, "relative_strength": -1.538503, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.033961, "energy": 43.420821, "activity_lines": [ 49.566804, 49.369843, 48.954808, 48.255763 ] }, { "date": "2025-01-31", "close": 50.145227, "volume": 933, "typical_volume": 8125.1, "trend": 47.516491, "fair_value": 38.592918, "relative_strength": -1.435622, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.109835, "energy": 43.776594, "activity_lines": [ 49.866642, 49.510379, 49.122438, 48.430058 ] }, { "date": "2025-02-07", "close": 50.781039, "volume": 12458, "typical_volume": 8677.7, "trend": 47.608869, "fair_value": 38.683412, "relative_strength": -0.286687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.021748, "energy": 70.153782, "activity_lines": [ 50.295849, 49.752371, 49.330516, 48.640674 ] }, { "date": "2025-02-14", "close": 51.554811, "volume": 7462, "typical_volume": 8825.0, "trend": 47.792224, "fair_value": 38.778865, "relative_strength": -1.580571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.282176, "energy": 81.779937, "activity_lines": [ 50.851285, 50.118054, 49.592167, 48.895251 ] }, { "date": "2025-02-21", "close": 50.215206, "volume": 13938, "typical_volume": 9087.35, "trend": 47.96414, "fair_value": 38.866839, "relative_strength": -1.876841, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.47327, "energy": 64.357865, "activity_lines": [ 50.716258, 50.213994, 49.704389, 49.051572 ] }, { "date": "2025-02-28", "close": 49.815324, "volume": 15615, "typical_volume": 9142.15, "trend": 48.180988, "fair_value": 38.956117, "relative_strength": 0.805463, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.699869, "energy": 42.558615, "activity_lines": [ 50.420612, 50.224896, 49.763084, 49.171003 ] }, { "date": "2025-03-07", "close": 47.41933, "volume": 11185, "typical_volume": 9585.55, "trend": 48.306993, "fair_value": 39.037512, "relative_strength": -0.772935, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.363298, "energy": 8.208076, "activity_lines": [ 49.392948, 49.778589, 49.582987, 49.121864 ] }, { "date": "2025-03-14", "close": 46.626263, "volume": 5578, "typical_volume": 9735.5, "trend": 48.341058, "fair_value": 39.099074, "relative_strength": 0.083527, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -32.698582, "energy": 32.403073, "activity_lines": [ 48.282655, 49.215132, 49.329469, 49.01343 ] }, { "date": "2025-03-21", "close": 47.026146, "volume": 3146, "typical_volume": 9772.25, "trend": 48.369952, "fair_value": 39.160089, "relative_strength": 0.737849, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -29.971775, "energy": 39.595861, "activity_lines": [ 47.582642, 48.764005, 49.119105, 48.928597 ] }, { "date": "2025-03-28", "close": 46.306358, "volume": 8378, "typical_volume": 9989.9, "trend": 48.380354, "fair_value": 39.214713, "relative_strength": 1.595004, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.275358, "energy": 55.141481, "activity_lines": [ 46.94461, 48.19782, 48.839314, 48.795462 ] }, { "date": "2025-04-04", "close": 41.81768, "volume": 3721, "typical_volume": 9907.25, "trend": 48.31365, "fair_value": 39.244418, "relative_strength": 1.824146, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -65.878491, "energy": 80.992285, "activity_lines": [ 45.070942, 46.879131, 48.146512, 48.372063 ] }, { "date": "2025-04-11", "close": 44.676838, "volume": 18894, "typical_volume": 10657.05, "trend": 48.272116, "fair_value": 39.292451, "relative_strength": 1.216892, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.250376, "energy": 79.302071, "activity_lines": [ 44.683503, 46.243876, 47.756543, 48.13743 ] }, { "date": "2025-04-18", "close": 44.356932, "volume": 7378, "typical_volume": 10870.25, "trend": 48.19881, "fair_value": 39.351304, "relative_strength": 2.815667, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.85697, "energy": 79.596097, "activity_lines": [ 44.372261, 45.649882, 47.358442, 47.884838 ] }, { "date": "2025-04-25", "close": 46.756225, "volume": 7156, "typical_volume": 11022.45, "trend": 48.191795, "fair_value": 39.433487, "relative_strength": 1.860187, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.93112, "energy": 55.579252, "activity_lines": [ 45.012072, 45.608925, 47.214985, 47.791768 ] }, { "date": "2025-05-02", "close": 48.479417, "volume": 1628, "typical_volume": 10949.1, "trend": 48.242034, "fair_value": 39.52686, "relative_strength": 2.094491, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.281778, "energy": 23.565151, "activity_lines": [ 46.244276, 45.968523, 47.251636, 47.810324 ] }, { "date": "2025-05-09", "close": 48.055842, "volume": 1422, "typical_volume": 9789.75, "trend": 48.2576, "fair_value": 39.620472, "relative_strength": 1.401425, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.803981, "energy": 21.886336, "activity_lines": [ 47.190417, 46.282666, 47.252982, 47.798312 ] }, { "date": "2025-05-16", "close": 49.8953, "volume": 9829, "typical_volume": 8567.85, "trend": 48.325367, "fair_value": 39.74345, "relative_strength": -1.421231, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 14.597233, "energy": 25.703704, "activity_lines": [ 48.333833, 46.963248, 47.432243, 47.90397 ] }, { "date": "2025-05-23", "close": 49.105533, "volume": 19459, "typical_volume": 9327.75, "trend": 48.372526, "fair_value": 39.838086, "relative_strength": -0.589098, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 9.047616, "energy": 25.731377, "activity_lines": [ 48.866097, 47.455217, 47.53158, 47.954303 ] }, { "date": "2025-05-30", "close": 50.045256, "volume": 14780, "typical_volume": 9392.2, "trend": 48.479284, "fair_value": 39.942364, "relative_strength": -0.563525, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.060054, "energy": 33.270425, "activity_lines": [ 49.395028, 48.072968, 47.718987, 48.062221 ] }, { "date": "2025-06-06", "close": 49.985274, "volume": 18505, "typical_volume": 9636.55, "trend": 48.500549, "fair_value": 40.055338, "relative_strength": -2.631504, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.725432, "energy": 43.71653, "activity_lines": [ 49.684696, 48.62492, 47.890446, 48.159382 ] }, { "date": "2025-06-13", "close": 49.545403, "volume": 44753, "typical_volume": 11310.9, "trend": 48.544408, "fair_value": 40.178336, "relative_strength": -2.875945, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.481102, "energy": 42.074375, "activity_lines": [ 49.72735, 49.030006, 48.019156, 48.226792 ] }, { "date": "2025-06-20", "close": 49.315471, "volume": 14689, "typical_volume": 11998.7, "trend": 48.542681, "fair_value": 40.288128, "relative_strength": -3.215799, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 20.805059, "energy": 32.293318, "activity_lines": [ 49.594056, 49.252782, 48.132013, 48.276538 ] }, { "date": "2025-06-27", "close": 50.285185, "volume": 35755, "typical_volume": 13163.55, "trend": 48.557312, "fair_value": 40.404375, "relative_strength": -5.125345, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.832082, "energy": 29.519009, "activity_lines": [ 49.822655, 49.567531, 48.341175, 48.388957 ] }, { "date": "2025-07-04", "close": 50.755047, "volume": 5349, "typical_volume": 13057.9, "trend": 48.578646, "fair_value": 40.524741, "relative_strength": -5.52671, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.173893, "energy": 44.718459, "activity_lines": [ 50.129231, 49.859923, 48.597447, 48.530747 ] }, { "date": "2025-07-11", "close": 50.335171, "volume": 13536, "typical_volume": 13037.8, "trend": 48.605255, "fair_value": 40.643734, "relative_strength": -5.840378, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 62.744687, "energy": 62.858679, "activity_lines": [ 50.24853, 50.003268, 48.81754, 48.644071 ] }, { "date": "2025-07-18", "close": 50.593595, "volume": 5801, "typical_volume": 12547.1, "trend": 48.670748, "fair_value": 40.760251, "relative_strength": -6.411154, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.574383, "energy": 70.189102, "activity_lines": [ 50.430643, 50.159859, 49.061673, 48.772351 ] }, { "date": "2025-07-25", "close": 51.159928, "volume": 1126, "typical_volume": 12044.15, "trend": 48.745856, "fair_value": 40.873255, "relative_strength": -6.076053, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.818587, "energy": 82.215641, "activity_lines": [ 50.731654, 50.373278, 49.356036, 48.932943 ] }, { "date": "2025-08-01", "close": 50.514518, "volume": 8591, "typical_volume": 12194.8, "trend": 48.802819, "fair_value": 40.981174, "relative_strength": -5.058637, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.176283, "energy": 78.634164, "activity_lines": [ 50.694565, 50.446356, 49.571119, 49.04705 ] }, { "date": "2025-08-08", "close": 51.944597, "volume": 6496, "typical_volume": 12362.3, "trend": 48.937776, "fair_value": 41.091193, "relative_strength": -5.75069, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.135651, "energy": 87.67761, "activity_lines": [ 51.11888, 50.753831, 49.903885, 49.249746 ] }, { "date": "2025-08-15", "close": 51.96649, "volume": 1246, "typical_volume": 12005.7, "trend": 49.009814, "fair_value": 41.20235, "relative_strength": -6.043649, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.965246, "energy": 90.253601, "activity_lines": [ 51.47119, 51.030753, 50.215315, 49.445147 ] }, { "date": "2025-08-22", "close": 51.605396, "volume": 688, "typical_volume": 11854.05, "trend": 49.03616, "fair_value": 41.31863, "relative_strength": -5.697897, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.230879, "energy": 83.318948, "activity_lines": [ 51.59438, 51.206, 50.465401, 49.612604 ] }, { "date": "2025-08-29", "close": 51.508725, "volume": 285, "typical_volume": 10923.6, "trend": 49.08161, "fair_value": 41.440031, "relative_strength": -5.486143, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.682294, "energy": 79.710444, "activity_lines": [ 51.617893, 51.326215, 50.659673, 49.772124 ] }, { "date": "2025-09-05", "close": 51.812136, "volume": 623, "typical_volume": 10585.85, "trend": 49.11598, "fair_value": 41.555804, "relative_strength": -5.706709, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.661249, "energy": 72.043241, "activity_lines": [ 51.71929, 51.461719, 50.850309, 49.948287 ] }, { "date": "2025-09-12", "close": 53.2903, "volume": 2978, "typical_volume": 10376.95, "trend": 49.17383, "fair_value": 41.68999, "relative_strength": -4.647563, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.59291, "energy": 72.181533, "activity_lines": [ 52.2269, 51.838217, 51.14622, 50.217598 ] }, { "date": "2025-09-19", "close": 54.285807, "volume": 687, "typical_volume": 10329.9, "trend": 49.309516, "fair_value": 41.839354, "relative_strength": -4.798655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.807567, "energy": 86.198052, "activity_lines": [ 52.976633, 52.349621, 51.505828, 50.547403 ] }, { "date": "2025-09-26", "close": 53.906918, "volume": 2180, "typical_volume": 10367.8, "trend": 49.445903, "fair_value": 41.993968, "relative_strength": -4.910597, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.745769, "energy": 90.496462, "activity_lines": [ 53.445448, 52.720306, 51.801701, 50.844009 ] }, { "date": "2025-10-03", "close": 54.150747, "volume": 4426, "typical_volume": 10097.65, "trend": 49.670283, "fair_value": 42.148397, "relative_strength": -5.486084, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.036249, "energy": 90.674222, "activity_lines": [ 53.842104, 53.075082, 52.092934, 51.147548 ] }, { "date": "2025-10-10", "close": 53.106354, "volume": 7931, "typical_volume": 9521.25, "trend": 49.886286, "fair_value": 42.298344, "relative_strength": -5.025553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.617424, "energy": 72.961592, "activity_lines": [ 53.714495, 53.185589, 52.264437, 51.36923 ] }, { "date": "2025-10-17", "close": 54.045977, "volume": 3529, "typical_volume": 8958.7, "trend": 50.120281, "fair_value": 42.447591, "relative_strength": -5.504744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.04157, "energy": 65.986829, "activity_lines": [ 53.813812, 53.419813, 52.506376, 51.637597 ] }, { "date": "2025-10-24", "close": 54.903225, "volume": 2845, "typical_volume": 8175.7, "trend": 50.406843, "fair_value": 42.591827, "relative_strength": -5.905059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.272925, "energy": 68.603447, "activity_lines": [ 54.1485, 53.771693, 52.810907, 51.946174 ] }, { "date": "2025-10-31", "close": 55.280814, "volume": 9857, "typical_volume": 6430.9, "trend": 50.855614, "fair_value": 42.741856, "relative_strength": -6.895266, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.92121, "energy": 67.98253, "activity_lines": [ 54.56789, 54.13883, 53.127979, 52.260624 ] }, { "date": "2025-11-07", "close": 53.661291, "volume": 11159, "typical_volume": 6254.4, "trend": 51.155096, "fair_value": 42.873356, "relative_strength": -6.596274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.659896, "energy": 57.225681, "activity_lines": [ 54.355846, 54.144683, 53.2635, 52.441635 ] }, { "date": "2025-11-14", "close": 53.409165, "volume": 2440, "typical_volume": 4588.65, "trend": 51.456837, "fair_value": 43.002169, "relative_strength": -6.711824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.264923, "energy": 47.711064, "activity_lines": [ 54.092391, 54.065557, 53.354315, 52.587059 ] }, { "date": "2025-11-21", "close": 51.709566, "volume": 3331, "typical_volume": 4487.75, "trend": 51.621948, "fair_value": 43.115911, "relative_strength": -6.603958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.8327, "energy": 15.427581, "activity_lines": [ 53.242214, 53.648376, 53.268387, 52.603364 ] }, { "date": "2025-11-28", "close": 54.291905, "volume": 312, "typical_volume": 3826.55, "trend": 51.815698, "fair_value": 43.243525, "relative_strength": -6.356453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.272596, "energy": 25.579624, "activity_lines": [ 53.408579, 53.729453, 53.423851, 52.775619 ] }, { "date": "2025-12-05", "close": 54.857138, "volume": 16538, "typical_volume": 4363.4, "trend": 52.042408, "fair_value": 43.37966, "relative_strength": -6.169932, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.74073, "energy": 24.639622, "activity_lines": [ 53.804109, 53.913187, 53.614305, 52.971841 ] }, { "date": "2025-12-12", "close": 53.944107, "volume": 99927, "typical_volume": 9303.45, "trend": 52.177368, "fair_value": 43.513497, "relative_strength": -5.832817, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.793535, "energy": 24.593147, "activity_lines": [ 53.92354, 53.91364, 53.697501, 53.094532 ] }, { "date": "2025-12-19", "close": 54.360885, "volume": 3432, "typical_volume": 9045.5, "trend": 52.352546, "fair_value": 43.648359, "relative_strength": -5.512863, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.569778, "energy": 37.064734, "activity_lines": [ 54.163043, 53.993627, 53.807132, 53.235404 ] }, { "date": "2025-12-26", "close": 55.1287, "volume": 2551, "typical_volume": 8848.25, "trend": 52.521994, "fair_value": 43.789292, "relative_strength": -5.239001, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.540482, "energy": 48.701005, "activity_lines": [ 54.595036, 54.190408, 53.971572, 53.41451 ] }, { "date": "2026-01-02", "close": 54.3688, "volume": 10834, "typical_volume": 9327.65, "trend": 52.668112, "fair_value": 43.919714, "relative_strength": -4.787526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.307355, "energy": 35.910849, "activity_lines": [ 54.545787, 54.229339, 54.048478, 53.533659 ] }, { "date": "2026-01-09", "close": 55.465, "volume": 4485, "typical_volume": 9517.5, "trend": 52.865432, "fair_value": 44.055723, "relative_strength": -4.839308, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.719651, "energy": 51.524123, "activity_lines": [ 54.856812, 54.477296, 54.218345, 53.714103 ] }, { "date": "2026-01-16", "close": 55.335, "volume": 18165, "typical_volume": 10411.5, "trend": 53.066083, "fair_value": 44.195117, "relative_strength": -4.102467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.185328, "energy": 51.863214, "activity_lines": [ 55.083979, 54.698267, 54.357452, 53.87343 ] }, { "date": "2026-01-23", "close": 55.1006, "volume": 2736, "typical_volume": 10517.15, "trend": 53.226597, "fair_value": 44.330075, "relative_strength": -4.575663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.285346, "energy": 37.868915, "activity_lines": [ 55.140287, 54.84619, 54.456015, 54.00469 ] }, { "date": "2026-01-30", "close": 55.1497, "volume": 4131, "typical_volume": 10574.8, "trend": 53.373085, "fair_value": 44.463999, "relative_strength": -4.204959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.180046, "energy": 39.956432, "activity_lines": [ 55.163647, 54.972286, 54.543594, 54.128761 ] }, { "date": "2026-02-06", "close": 54.4285, "volume": 2676, "typical_volume": 10674.25, "trend": 53.509529, "fair_value": 44.595968, "relative_strength": -3.395705, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.218245, "energy": 28.129408, "activity_lines": [ 54.945207, 54.904707, 54.553634, 54.196852 ] }, { "date": "2026-02-13", "close": 53.79, "volume": 6343, "typical_volume": 10882.4, "trend": 53.616076, "fair_value": 44.723655, "relative_strength": -3.163537, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.326347, "energy": 11.929158, "activity_lines": [ 54.509953, 54.718554, 54.502184, 54.214947 ] }, { "date": "2026-02-20", "close": 54.4393, "volume": 25749, "typical_volume": 11948.55, "trend": 53.725389, "fair_value": 44.861205, "relative_strength": -2.972113, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.347345, "energy": 15.415539, "activity_lines": [ 54.4028, 54.669858, 54.51313, 54.268058 ] }, { "date": "2026-02-27", "close": 54.19, "volume": 4538, "typical_volume": 11778.9, "trend": 53.847905, "fair_value": 44.993208, "relative_strength": -2.986679, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.850018, "energy": 15.696801, "activity_lines": [ 54.27226, 54.566831, 54.498958, 54.298033 ] }, { "date": "2026-03-06", "close": 52.7835, "volume": 2268, "typical_volume": 11715.85, "trend": 53.875868, "fair_value": 45.127592, "relative_strength": -4.138368, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.106902, "energy": 25.300099, "activity_lines": [ 53.733593, 54.211184, 54.345674, 54.229362 ] }, { "date": "2026-03-13", "close": 52.0047, "volume": 5230, "typical_volume": 11835.1, "trend": 53.877142, "fair_value": 45.257045, "relative_strength": -4.391202, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.482705, "energy": 48.389024, "activity_lines": [ 53.093073, 53.756576, 54.12423, 54.108641 ] }, { "date": "2026-03-20", "close": 51.1003, "volume": 23109, "typical_volume": 12497.7, "trend": 53.860305, "fair_value": 45.378676, "relative_strength": -3.960312, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.557517, "energy": 68.071497, "activity_lines": [ 52.312673, 53.180516, 53.830456, 53.92949 ] }, { "date": "2026-03-27", "close": 49.716, "volume": 4396, "typical_volume": 12159.55, "trend": 53.800548, "fair_value": 45.483249, "relative_strength": -3.226338, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -86.561549, "energy": 86.819758, "activity_lines": [ 51.250153, 52.432124, 53.42475, 53.662116 ] }, { "date": "2026-04-03", "close": 51.4167, "volume": 851, "typical_volume": 12080.1, "trend": 53.787367, "fair_value": 45.600004, "relative_strength": -3.514268, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.6112, "energy": 78.016423, "activity_lines": [ 51.06942, 52.095113, 53.199803, 53.508319 ] }, { "date": "2026-04-10", "close": 53.3909, "volume": 14042, "typical_volume": 12615.65, "trend": 53.79072, "fair_value": 45.727329, "relative_strength": -3.855501, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.749096, "energy": 59.764996, "activity_lines": [ 51.73164, 52.184027, 53.172363, 53.48274 ] }, { "date": "2026-04-17", "close": 56.0254, "volume": 1794, "typical_volume": 12689.75, "trend": 53.848706, "fair_value": 45.871841, "relative_strength": -4.703117, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.882851, "energy": 9.095716, "activity_lines": [ 53.231533, 52.78392, 53.387821, 53.626913 ] }, { "date": "2026-04-24", "close": 56.7621, "volume": 21007, "typical_volume": 12913.2, "trend": 53.943879, "fair_value": 46.019928, "relative_strength": -5.253889, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 25.436529, "energy": 32.604906, "activity_lines": [ 54.708947, 53.488724, 53.665187, 53.814874 ] }, { "date": "2026-05-01", "close": 57.1583, "volume": 1023, "typical_volume": 7968.0, "trend": 54.044131, "fair_value": 46.172536, "relative_strength": -5.749641, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 38.188629, "energy": 45.788352, "activity_lines": [ 55.940973, 54.211525, 53.971215, 54.022256 ] }, { "date": "2026-05-08", "close": 59.2567, "volume": 2637, "typical_volume": 7928.25, "trend": 54.249142, "fair_value": 46.339097, "relative_strength": -7.075165, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.918172, "energy": 88.370223, "activity_lines": [ 57.376313, 55.266418, 54.461784, 54.358551 ] }, { "date": "2026-05-15", "close": 58.9206, "volume": 16686, "typical_volume": 8635.0, "trend": 54.41163, "fair_value": 46.49864, "relative_strength": -7.044942, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.904288, "energy": 89.865116, "activity_lines": [ 58.176953, 56.16808, 54.897031, 54.659935 ] }, { "date": "2026-05-22", "close": 59.9942, "volume": 4536, "typical_volume": 8320.1, "trend": 54.581329, "fair_value": 46.662544, "relative_strength": -6.221187, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.977184, "energy": 91.878662, "activity_lines": [ 58.966813, 57.153358, 55.416469, 55.020101 ] }, { "date": "2026-05-29", "close": 61.3256, "volume": 5329, "typical_volume": 8362.3, "trend": 54.782822, "fair_value": 46.830908, "relative_strength": -6.560635, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.052121, "energy": 94.03428, "activity_lines": [ 59.935887, 58.235445, 56.035919, 55.455215 ] }, { "date": "2026-06-05", "close": 58.9192, "volume": 4978, "typical_volume": 7702.95, "trend": 54.958086, "fair_value": 46.982954, "relative_strength": -5.767111, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.954143, "energy": 75.796706, "activity_lines": [ 59.798593, 58.694091, 56.39828, 55.722079 ] }, { "date": "2026-06-12", "close": 61.226, "volume": 3196, "typical_volume": 7725.95, "trend": 55.218647, "fair_value": 47.142721, "relative_strength": -4.090344, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.045086, "energy": 66.709163, "activity_lines": [ 60.31284, 59.404824, 56.963269, 56.12646 ] }, { "date": "2026-06-19", "close": 63.404, "volume": 35695, "typical_volume": 9304.15, "trend": 55.608461, "fair_value": 47.320411, "relative_strength": -3.088372, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.511543, "energy": 76.554355, "activity_lines": [ 61.4218, 60.333205, 57.706518, 56.654547 ] }, { "date": "2026-06-26", "close": 60.8883, "volume": 8203, "typical_volume": 9580.5, "trend": 55.828341, "fair_value": 47.476004, "relative_strength": -2.423894, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.41277, "energy": 60.646481, "activity_lines": [ 61.3933, 60.622131, 58.17087, 56.995182 ] }, { "date": "2026-07-03", "close": 60.1409, "volume": 2725, "typical_volume": 9399.6, "trend": 56.004466, "fair_value": 47.629045, "relative_strength": -4.294122, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.964775, "energy": 55.039535, "activity_lines": [ 61.05606, 60.686749, 58.533281, 57.273412 ] }, { "date": "2026-07-10", "close": 61.1655, "volume": 1500, "typical_volume": 8187.15, "trend": 56.245179, "fair_value": 47.782051, "relative_strength": -4.252566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.102408, "energy": 51.999899, "activity_lines": [ 61.139333, 60.876225, 58.96303, 57.606382 ] }, { "date": "2026-07-17", "close": 58.066, "volume": 229, "typical_volume": 7971.7, "trend": 56.368683, "fair_value": 47.914833, "relative_strength": -5.014732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.842524, "energy": 29.811732, "activity_lines": [ 60.039687, 60.429298, 59.065559, 57.723854 ] }, { "date": "2026-07-24", "close": 57.9087, "volume": 2473, "typical_volume": 7981.95, "trend": 56.46135, "fair_value": 48.043385, "relative_strength": -3.608192, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.336299, "energy": 24.398984, "activity_lines": [ 59.098273, 59.97542, 59.13465, 57.82321 ] }, { "date": "2026-07-31", "close": 57.529, "volume": 2021, "typical_volume": 7821.5, "trend": 56.56669, "fair_value": 48.175665, "relative_strength": -4.598108, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.651382, "energy": 21.528968, "activity_lines": [ 58.396647, 59.470904, 59.143173, 57.892091 ] }, { "date": "2026-08-07", "close": 60.3687, "volume": 4971, "typical_volume": 6914.6, "trend": 56.730147, "fair_value": 48.328646, "relative_strength": -4.588875, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.595167, "energy": 25.108144, "activity_lines": [ 58.86554, 59.527518, 59.395838, 58.137382 ] } ], "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." } } }