{ "ticker": { "uuid": "37e374f4-04fa-4099-a305-e59407077ee4", "symbol": "XDRV", "name": "iShares Global Electric and Autonomous Vehicles Index ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 64.583, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "mixed", "architecture_direction": -26.835, "architecture_energy": 44.828, "architecture_maturity": 54.017, "architecture_confidence": 59.247, "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": 30.08, "rotation_up": 14.0, "upward_expansion": 19.63, "deceleration": 72.37, "rotation_down": 71.29, "downward_expansion": 46.96 }, "activity_lines": [ 48.458001, 51.095221, 52.317027, 50.877942 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 48.380001, "trend_reference": 48.915559, "distance_from_trend": -0.010949, "trend_direction": "Improving", "fair_value": 40.922002, "distance_from_fair_value": 0.182249, "fair_value_direction": "Weakening", "relative_strength": -6.400633, "relative_strength_direction": "Weakening", "price_momentum": 0.142925, "excess_performance": 0.022503, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.010949, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.077839, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.182249, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.115597, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.064006, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.141192, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.142925, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.6, "read": "Supply-led" } ], "volume": { "latest": 400, "relative_activity": 1.403509, "balance": 0.6, "dry_up": 0.614035, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.057056, "annualized_volatility": 0.307718, "from_high_reference": -0.189154, "from_low_reference": 0.237466 }, "levels": { "trend_reference": 48.915559, "fair_value_reference": 40.922002, "structural_low": 41.150002, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 1, "median_return": 0.032749, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.00685, "regime_survival": 0.0, "best_return": 0.032749, "worst_return": 0.032749, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.05346, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.037127, "regime_survival": 0.0, "best_return": 0.05346, "worst_return": 0.05346, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.298135, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.182497, "regime_survival": 0.0, "best_return": 0.298135, "worst_return": 0.298135, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 0, "median_return": null, "positive_rate": null, "directional_follow_through": null, "median_excess_return": null, "regime_survival": null, "best_return": null, "worst_return": null, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-04", "end": "2025-01-31", "tenure": "Established", "return": 0.035966, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-28", "tenure": "Developing", "return": -0.011397, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.077204, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-06-06", "tenure": "Developing", "return": 0.183434, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-06-27", "tenure": "New", "return": 0.002045, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-08", "tenure": "Developing", "return": -0.012798, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-11-07", "tenure": "Established", "return": 0.040515, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-14", "end": "2025-11-14", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-11-28", "tenure": "New", "return": 0.06577, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-05", "end": "2025-12-19", "tenure": "New", "return": -0.019352, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-26", "end": "2026-03-13", "tenure": "Developing", "return": -0.004657, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.155247, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-17", "tenure": "Established", "return": -0.023706, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 41.615459, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 41.615459, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 41.615459, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 38.704887, "volume": 600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 38.704887, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 38.704887, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 38.704887, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 38.704887, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 38.704887, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 38.704887, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 33.924599, "volume": 400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 33.828224, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 33.828224, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 33.828224, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 33.828224, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 33.828224, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 33.828224, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 38.95546, "volume": 3300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 38.95546, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 38.336277, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 36.519939, "volume": 200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 36.751812, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 36.191452, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 36.742149, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 35.428207, "volume": 600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 36.432987, "volume": 3300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 36.877407, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 37.418449, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 38.191357, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 38.403908, "volume": 200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 38.00779, "volume": 200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 38.684086, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 38.548828, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 37.457092, "volume": 400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 38.452213, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 36.413666, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 36.693844, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 37.573029, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 38.539165, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 39.089863, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 39.78548, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 39.920742, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 40.490761, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 40.413475, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 40.065659, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 39.452736, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 40.722904, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 41.362835, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 41.246483, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 38.929161, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 38.298923, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 36.262779, "volume": 300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 38.056522, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 37.911083, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 37.697777, "volume": 0, "typical_volume": 35.0, "trend": 38.580033, "fair_value": 37.882595, "relative_strength": -8.982433, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.467485, "energy": 45.975211, "activity_lines": [ 37.675151, 38.379663, 38.994676, 38.869335 ] }, { "date": "2024-09-06", "close": 36.417915, "volume": 0, "typical_volume": 35.0, "trend": 38.579531, "fair_value": 37.864512, "relative_strength": -9.569672, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.515779, "energy": 48.231441, "activity_lines": [ 37.265984, 37.911262, 38.753873, 38.729844 ] }, { "date": "2024-09-13", "close": 36.873619, "volume": 0, "typical_volume": 30.0, "trend": 38.579405, "fair_value": 37.852428, "relative_strength": -11.194937, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.711291, "energy": 37.807526, "activity_lines": [ 37.134118, 37.580895, 38.55645, 38.619785 ] }, { "date": "2024-09-20", "close": 38.027435, "volume": 0, "typical_volume": 30.0, "trend": 38.599704, "fair_value": 37.854537, "relative_strength": -9.202039, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -54.837295, "energy": 38.608547, "activity_lines": [ 37.346136, 37.5303, 38.468059, 38.584174 ] }, { "date": "2024-09-27", "close": 39.200642, "volume": 0, "typical_volume": 30.0, "trend": 38.633347, "fair_value": 37.870562, "relative_strength": -6.396807, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -29.495979, "energy": 20.623709, "activity_lines": [ 37.951161, 37.753658, 38.489238, 38.622944 ] }, { "date": "2024-10-04", "close": 38.551014, "volume": 500, "typical_volume": 50.0, "trend": 38.638251, "fair_value": 37.878567, "relative_strength": -8.313613, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.846441, "energy": 17.366885, "activity_lines": [ 38.253673, 37.8961, 38.445397, 38.617632 ] }, { "date": "2024-10-11", "close": 39.520607, "volume": 200, "typical_volume": 60.0, "trend": 38.688678, "fair_value": 37.89766, "relative_strength": -6.807319, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.654304, "energy": 14.56438, "activity_lines": [ 38.8225, 38.221706, 38.496465, 38.674558 ] }, { "date": "2024-10-18", "close": 38.715847, "volume": 0, "typical_volume": 60.0, "trend": 38.689737, "fair_value": 37.907065, "relative_strength": -9.530149, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.806954, "energy": 14.011168, "activity_lines": [ 38.916228, 38.37878, 38.47215, 38.676311 ] }, { "date": "2024-10-25", "close": 39.103683, "volume": 0, "typical_volume": 60.0, "trend": 38.708232, "fair_value": 37.920663, "relative_strength": -7.063814, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.976806, "energy": 16.313853, "activity_lines": [ 39.01642, 38.561769, 38.490509, 38.703017 ] }, { "date": "2024-11-01", "close": 38.483143, "volume": 0, "typical_volume": 55.0, "trend": 38.742433, "fair_value": 37.926983, "relative_strength": -7.62873, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.954254, "energy": 11.920247, "activity_lines": [ 38.838014, 38.612893, 38.456375, 38.688496 ] }, { "date": "2024-11-08", "close": 40.189629, "volume": 0, "typical_volume": 55.0, "trend": 38.800347, "fair_value": 37.952123, "relative_strength": -5.39337, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.801722, "energy": 25.821585, "activity_lines": [ 39.276271, 38.963886, 38.593955, 38.781863 ] }, { "date": "2024-11-15", "close": 39.055206, "volume": 0, "typical_volume": 55.0, "trend": 38.888399, "fair_value": 37.964245, "relative_strength": -8.438343, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.701281, "energy": 20.27008, "activity_lines": [ 39.227146, 39.063313, 38.622904, 38.798306 ] }, { "date": "2024-11-22", "close": 38.74493, "volume": 100, "typical_volume": 60.0, "trend": 38.956768, "fair_value": 37.972731, "relative_strength": -10.982241, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.494577, "energy": 11.154847, "activity_lines": [ 39.105622, 39.058377, 38.624197, 38.78905 ] }, { "date": "2024-11-29", "close": 38.841896, "volume": 0, "typical_volume": 60.0, "trend": 38.999064, "fair_value": 37.982077, "relative_strength": -11.32912, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.053807, "energy": 9.274123, "activity_lines": [ 39.014481, 39.037046, 38.644143, 38.781638 ] }, { "date": "2024-12-06", "close": 39.297604, "volume": 0, "typical_volume": 55.0, "trend": 39.024345, "fair_value": 37.996072, "relative_strength": -10.306155, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.254354, "energy": 6.996219, "activity_lines": [ 39.092696, 39.083763, 38.719494, 38.800899 ] }, { "date": "2024-12-13", "close": 40.2575, "volume": 400, "typical_volume": 75.0, "trend": 39.063266, "fair_value": 38.019876, "relative_strength": -6.275357, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.483144, "energy": 21.916774, "activity_lines": [ 39.436578, 39.303244, 38.895545, 38.880457 ] }, { "date": "2024-12-20", "close": 39.006725, "volume": 0, "typical_volume": 75.0, "trend": 39.037308, "fair_value": 38.030156, "relative_strength": -6.399733, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.652894, "energy": 17.097298, "activity_lines": [ 39.359011, 39.264284, 38.946148, 38.87681 ] }, { "date": "2024-12-27", "close": 39.966625, "volume": 0, "typical_volume": 60.0, "trend": 39.038837, "fair_value": 38.050119, "relative_strength": -4.62256, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.600122, "energy": 35.881706, "activity_lines": [ 39.604642, 39.409195, 39.0848, 38.936766 ] }, { "date": "2025-01-03", "close": 38.909767, "volume": 0, "typical_volume": 60.0, "trend": 38.986137, "fair_value": 38.058891, "relative_strength": -7.969367, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.74751, "energy": 26.116465, "activity_lines": [ 39.416541, 39.339208, 39.105162, 38.928438 ] }, { "date": "2025-01-10", "close": 39.200642, "volume": 0, "typical_volume": 60.0, "trend": 38.94571, "fair_value": 38.070424, "relative_strength": -5.956235, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.033726, "energy": 7.623471, "activity_lines": [ 39.320874, 39.325633, 39.149163, 38.942277 ] }, { "date": "2025-01-17", "close": 39.220036, "volume": 400, "typical_volume": 80.0, "trend": 38.917522, "fair_value": 38.08192, "relative_strength": -6.859223, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.523593, "energy": 16.052723, "activity_lines": [ 39.238135, 39.302539, 39.18887, 38.959976 ] }, { "date": "2025-01-24", "close": 40.558075, "volume": 100, "typical_volume": 85.0, "trend": 38.954367, "fair_value": 38.106437, "relative_strength": -5.037062, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.689286, "energy": 30.868455, "activity_lines": [ 39.670574, 39.540354, 39.348761, 39.065818 ] }, { "date": "2025-01-31", "close": 39.937531, "volume": 0, "typical_volume": 85.0, "trend": 38.928188, "fair_value": 38.124389, "relative_strength": -6.60224, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.21767, "energy": 40.461779, "activity_lines": [ 39.792741, 39.638018, 39.429837, 39.129248 ] }, { "date": "2025-02-07", "close": 39.986015, "volume": 300, "typical_volume": 100.0, "trend": 38.882294, "fair_value": 38.142463, "relative_strength": -5.981893, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.259364, "energy": 50.185621, "activity_lines": [ 39.933009, 39.722814, 39.50094, 39.197495 ] }, { "date": "2025-02-14", "close": 40.810169, "volume": 100, "typical_volume": 105.0, "trend": 38.86775, "fair_value": 38.168114, "relative_strength": -4.048461, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.139746, "energy": 67.493754, "activity_lines": [ 40.276246, 39.936653, 39.641208, 39.321874 ] }, { "date": "2025-02-21", "close": 42.671783, "volume": 0, "typical_volume": 80.0, "trend": 38.992504, "fair_value": 38.211006, "relative_strength": 1.72909, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.683914, "energy": 82.594298, "activity_lines": [ 41.132718, 40.461467, 39.951108, 39.567295 ] }, { "date": "2025-02-28", "close": 41.149525, "volume": 700, "typical_volume": 105.0, "trend": 39.087524, "fair_value": 38.238728, "relative_strength": -2.682203, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.580537, "energy": 71.810414, "activity_lines": [ 41.251655, 40.66561, 40.096409, 39.706458 ] }, { "date": "2025-03-07", "close": 40.335064, "volume": 0, "typical_volume": 105.0, "trend": 39.223267, "fair_value": 38.25832, "relative_strength": -2.007278, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.603478, "energy": 61.983525, "activity_lines": [ 41.059675, 40.682709, 40.156385, 39.786945 ] }, { "date": "2025-03-14", "close": 39.423649, "volume": 0, "typical_volume": 105.0, "trend": 39.268838, "fair_value": 38.26911, "relative_strength": -3.270454, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.035497, "energy": 31.536103, "activity_lines": [ 40.537387, 40.527398, 40.121849, 39.799872 ] }, { "date": "2025-03-21", "close": 39.792095, "volume": 200, "typical_volume": 115.0, "trend": 39.331538, "fair_value": 38.283082, "relative_strength": -3.804647, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.19424, "energy": 17.991734, "activity_lines": [ 40.175406, 40.429734, 40.120879, 39.833631 ] }, { "date": "2025-03-28", "close": 39.530308, "volume": 0, "typical_volume": 115.0, "trend": 39.392623, "fair_value": 38.29442, "relative_strength": -3.470081, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 15.259057, "energy": 18.925026, "activity_lines": [ 39.794035, 40.273718, 40.088744, 39.846455 ] }, { "date": "2025-04-04", "close": 34.5369, "volume": 200, "typical_volume": 125.0, "trend": 39.329922, "fair_value": 38.260569, "relative_strength": -9.767588, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.216519, "energy": 48.316275, "activity_lines": [ 37.957625, 39.204169, 39.584186, 39.533182 ] }, { "date": "2025-04-11", "close": 31.870522, "volume": 400, "typical_volume": 140.0, "trend": 39.163152, "fair_value": 38.203515, "relative_strength": -17.737854, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -95.469089, "energy": 94.331982, "activity_lines": [ 35.673265, 37.759299, 38.847204, 39.051931 ] }, { "date": "2025-04-18", "close": 32.190487, "volume": 0, "typical_volume": 140.0, "trend": 38.968587, "fair_value": 38.150302, "relative_strength": -18.666784, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.502241, "energy": 96.174396, "activity_lines": [ 34.059862, 36.519278, 38.173429, 38.602081 ] }, { "date": "2025-04-25", "close": 35.293186, "volume": 100, "typical_volume": 145.0, "trend": 38.838339, "fair_value": 38.12524, "relative_strength": -12.446614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.009551, "energy": 88.220261, "activity_lines": [ 33.962903, 35.985121, 37.826823, 38.364959 ] }, { "date": "2025-05-02", "close": 35.37075, "volume": 0, "typical_volume": 125.0, "trend": 38.73233, "fair_value": 38.101288, "relative_strength": -13.073132, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.209299, "energy": 85.079018, "activity_lines": [ 34.191727, 35.565375, 37.506672, 38.141243 ] }, { "date": "2025-05-09", "close": 37.222672, "volume": 200, "typical_volume": 135.0, "trend": 38.655732, "fair_value": 38.093713, "relative_strength": -9.420427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.665724, "energy": 50.385958, "activity_lines": [ 35.315161, 35.615089, 37.386165, 38.043846 ] }, { "date": "2025-05-16", "close": 39.190945, "volume": 100, "typical_volume": 140.0, "trend": 38.671569, "fair_value": 38.103091, "relative_strength": -6.630111, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.955016, "energy": 21.293264, "activity_lines": [ 36.915635, 36.094067, 37.461609, 38.078376 ] }, { "date": "2025-05-23", "close": 38.424969, "volume": 0, "typical_volume": 140.0, "trend": 38.648945, "fair_value": 38.105819, "relative_strength": -7.803326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.739424, "energy": 27.414463, "activity_lines": [ 37.772755, 36.454579, 37.467796, 38.062466 ] }, { "date": "2025-05-30", "close": 37.678383, "volume": 300, "typical_volume": 155.0, "trend": 38.62212, "fair_value": 38.102227, "relative_strength": -10.235332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.196211, "energy": 29.087375, "activity_lines": [ 37.965381, 36.697507, 37.405188, 37.999849 ] }, { "date": "2025-06-06", "close": 38.09531, "volume": 0, "typical_volume": 135.0, "trend": 38.552309, "fair_value": 38.10217, "relative_strength": -9.682686, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.031722, "energy": 26.187173, "activity_lines": [ 38.13797, 37.05467, 37.389536, 37.965862 ] }, { "date": "2025-06-13", "close": 39.093987, "volume": 0, "typical_volume": 130.0, "trend": 38.553602, "fair_value": 38.110367, "relative_strength": -7.139005, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.392863, "energy": 16.868951, "activity_lines": [ 38.461814, 37.619502, 37.474352, 38.000809 ] }, { "date": "2025-06-20", "close": 38.008045, "volume": 100, "typical_volume": 135.0, "trend": 38.529039, "fair_value": 38.109528, "relative_strength": -9.228924, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.674812, "energy": 13.847566, "activity_lines": [ 38.298923, 37.904033, 37.462717, 37.965611 ] }, { "date": "2025-06-27", "close": 39.173931, "volume": 300, "typical_volume": 135.0, "trend": 38.540107, "fair_value": 38.118182, "relative_strength": -6.745794, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.605098, "energy": 21.659095, "activity_lines": [ 38.60352, 38.288953, 37.571307, 38.007217 ] }, { "date": "2025-07-04", "close": 39.573269, "volume": 200, "typical_volume": 140.0, "trend": 38.549295, "fair_value": 38.129916, "relative_strength": -6.606704, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.05741, "energy": 39.646855, "activity_lines": [ 38.991299, 38.619508, 37.721796, 38.073873 ] }, { "date": "2025-07-11", "close": 40.352463, "volume": 0, "typical_volume": 140.0, "trend": 38.552461, "fair_value": 38.147696, "relative_strength": -4.281525, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.211316, "energy": 56.547638, "activity_lines": [ 39.512484, 39.013914, 37.952384, 38.190206 ] }, { "date": "2025-07-18", "close": 40.956333, "volume": 0, "typical_volume": 105.0, "trend": 38.617448, "fair_value": 38.169987, "relative_strength": -3.504415, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.640025, "energy": 66.853898, "activity_lines": [ 40.084482, 39.427539, 38.251528, 38.345295 ] }, { "date": "2025-07-25", "close": 40.742058, "volume": 100, "typical_volume": 110.0, "trend": 38.643296, "fair_value": 38.19024, "relative_strength": -4.373429, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.516021, "energy": 73.247879, "activity_lines": [ 40.460899, 39.73432, 38.531185, 38.482366 ] }, { "date": "2025-08-01", "close": 39.446648, "volume": 0, "typical_volume": 110.0, "trend": 38.661192, "fair_value": 38.200055, "relative_strength": -5.481067, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.403534, "energy": 61.656273, "activity_lines": [ 40.223244, 39.777369, 38.685531, 38.534196 ] }, { "date": "2025-08-08", "close": 39.066792, "volume": 0, "typical_volume": 100.0, "trend": 38.65673, "fair_value": 38.206774, "relative_strength": -8.633037, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.158316, "energy": 36.239013, "activity_lines": [ 39.84079, 39.732778, 38.803591, 38.560363 ] }, { "date": "2025-08-15", "close": 40.868675, "volume": 0, "typical_volume": 100.0, "trend": 38.711685, "fair_value": 38.227251, "relative_strength": -4.700216, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 47.995569, "energy": 39.800829, "activity_lines": [ 40.092729, 39.990559, 39.096712, 38.70307 ] }, { "date": "2025-08-22", "close": 40.761536, "volume": 0, "typical_volume": 90.0, "trend": 38.718467, "fair_value": 38.246596, "relative_strength": -6.162122, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.804401, "energy": 47.149632, "activity_lines": [ 40.274541, 40.178434, 39.373257, 38.835318 ] }, { "date": "2025-08-29", "close": 41.764748, "volume": 0, "typical_volume": 70.0, "trend": 38.779374, "fair_value": 38.273249, "relative_strength": -4.448589, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.008427, "energy": 69.668927, "activity_lines": [ 40.803743, 40.518393, 39.715705, 39.031852 ] }, { "date": "2025-09-05", "close": 40.186882, "volume": 0, "typical_volume": 70.0, "trend": 38.786069, "fair_value": 38.287637, "relative_strength": -9.351744, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.81284, "energy": 63.524859, "activity_lines": [ 40.73881, 40.503163, 39.860764, 39.122659 ] }, { "date": "2025-09-12", "close": 40.995296, "volume": 0, "typical_volume": 65.0, "trend": 38.79224, "fair_value": 38.307844, "relative_strength": -8.07397, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.333338, "energy": 64.284542, "activity_lines": [ 40.894, 40.616501, 40.044737, 39.26519 ] }, { "date": "2025-09-19", "close": 42.475761, "volume": 200, "typical_volume": 75.0, "trend": 38.785706, "fair_value": 38.338717, "relative_strength": -6.107446, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.589051, "energy": 77.758544, "activity_lines": [ 41.414111, 40.973159, 40.342554, 39.502836 ] }, { "date": "2025-09-26", "close": 42.787441, "volume": 100, "typical_volume": 70.0, "trend": 38.840303, "fair_value": 38.371428, "relative_strength": -5.157539, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.509458, "energy": 83.918236, "activity_lines": [ 41.930977, 41.34788, 40.636221, 39.761013 ] }, { "date": "2025-10-03", "close": 43.605591, "volume": 0, "typical_volume": 65.0, "trend": 38.949321, "fair_value": 38.409634, "relative_strength": -5.400048, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.002254, "energy": 92.567878, "activity_lines": [ 42.585498, 41.838063, 40.981308, 40.068451 ] }, { "date": "2025-10-10", "close": 43.196514, "volume": 700, "typical_volume": 100.0, "trend": 39.075083, "fair_value": 38.444321, "relative_strength": -4.133977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.826063, "energy": 88.663268, "activity_lines": [ 42.980938, 42.201804, 41.266414, 40.342463 ] }, { "date": "2025-10-17", "close": 42.845879, "volume": 200, "typical_volume": 95.0, "trend": 39.176876, "fair_value": 38.475987, "relative_strength": -5.561265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.923642, "energy": 80.368969, "activity_lines": [ 43.058858, 42.433614, 41.495404, 40.58574 ] }, { "date": "2025-10-24", "close": 43.069897, "volume": 400, "typical_volume": 115.0, "trend": 39.294862, "fair_value": 38.508801, "relative_strength": -5.61632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.729024, "energy": 61.294019, "activity_lines": [ 43.088078, 42.637444, 41.721122, 40.836903 ] }, { "date": "2025-10-31", "close": 42.709518, "volume": 0, "typical_volume": 115.0, "trend": 39.567283, "fair_value": 38.538593, "relative_strength": -5.909397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.437726, "energy": 54.522905, "activity_lines": [ 42.957562, 42.735729, 41.88883, 41.057203 ] }, { "date": "2025-11-07", "close": 42.52446, "volume": 0, "typical_volume": 110.0, "trend": 39.922414, "fair_value": 38.566663, "relative_strength": -4.980067, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.275049, "energy": 43.092038, "activity_lines": [ 42.770556, 42.764948, 42.021696, 41.247989 ] }, { "date": "2025-11-14", "close": 42.232265, "volume": 100, "typical_volume": 100.0, "trend": 40.25714, "fair_value": 38.592296, "relative_strength": -6.710532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.249673, "energy": 34.079852, "activity_lines": [ 42.558226, 42.727228, 42.105227, 41.397012 ] }, { "date": "2025-11-21", "close": 39.096012, "volume": 0, "typical_volume": 90.0, "trend": 40.383901, "fair_value": 38.595794, "relative_strength": -12.909545, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -3.430366, "energy": 15.461968, "activity_lines": [ 41.364762, 42.082092, 41.875505, 41.3221 ] }, { "date": "2025-11-28", "close": 41.667347, "volume": 400, "typical_volume": 110.0, "trend": 40.593788, "fair_value": 38.616977, "relative_strength": -10.580426, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 19.951601, "energy": 21.9887, "activity_lines": [ 41.278401, 41.939003, 41.892944, 41.404903 ] }, { "date": "2025-12-05", "close": 43.284172, "volume": 0, "typical_volume": 110.0, "trend": 40.795838, "fair_value": 38.648944, "relative_strength": -6.72101, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 43.56032, "energy": 25.159715, "activity_lines": [ 41.824485, 42.104582, 42.058104, 41.578476 ] }, { "date": "2025-12-12", "close": 43.61533, "volume": 0, "typical_volume": 105.0, "trend": 40.943317, "fair_value": 38.682729, "relative_strength": -6.396953, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.065937, "energy": 25.520931, "activity_lines": [ 42.442645, 42.321339, 42.243719, 41.760379 ] }, { "date": "2025-12-19", "close": 42.446545, "volume": 0, "typical_volume": 105.0, "trend": 41.07737, "fair_value": 38.708161, "relative_strength": -9.266488, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.997394, "energy": 33.763155, "activity_lines": [ 42.598484, 42.325413, 42.304339, 41.857362 ] }, { "date": "2025-12-26", "close": 42.729, "volume": 0, "typical_volume": 105.0, "trend": 41.245724, "fair_value": 38.735146, "relative_strength": -9.030814, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.834912, "energy": 43.975193, "activity_lines": [ 42.834191, 42.394478, 42.377574, 41.963918 ] }, { "date": "2026-01-02", "close": 42.099998, "volume": 0, "typical_volume": 105.0, "trend": 41.379213, "fair_value": 38.757578, "relative_strength": -9.769186, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.670598, "energy": 28.028854, "activity_lines": [ 42.61803, 42.351304, 42.373465, 42.019033 ] }, { "date": "2026-01-09", "close": 45.380001, "volume": 600, "typical_volume": 135.0, "trend": 41.588747, "fair_value": 38.801436, "relative_strength": -4.675305, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.114841, "energy": 53.758552, "activity_lines": [ 43.466361, 42.922128, 42.675874, 42.277148 ] }, { "date": "2026-01-16", "close": 45.68, "volume": 1200, "typical_volume": 195.0, "trend": 41.844479, "fair_value": 38.846689, "relative_strength": -5.059585, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.75089, "energy": 71.83266, "activity_lines": [ 44.27497, 43.498944, 42.984861, 42.5411 ] }, { "date": "2026-01-23", "close": 45.599998, "volume": 1200, "typical_volume": 255.0, "trend": 42.058681, "fair_value": 38.890828, "relative_strength": -5.253226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.140048, "energy": 76.801388, "activity_lines": [ 44.919266, 44.003841, 43.267585, 42.783392 ] }, { "date": "2026-01-30", "close": 43.720001, "volume": 0, "typical_volume": 255.0, "trend": 42.196905, "fair_value": 38.922187, "relative_strength": -5.439848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.811145, "energy": 70.479997, "activity_lines": [ 44.726666, 44.105688, 43.345485, 42.890573 ] }, { "date": "2026-02-06", "close": 42.330002, "volume": 100, "typical_volume": 250.0, "trend": 42.262823, "fair_value": 38.944173, "relative_strength": -9.668511, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.420608, "energy": 34.220795, "activity_lines": [ 44.004667, 43.870736, 43.278029, 42.89916 ] }, { "date": "2026-02-13", "close": 44.490002, "volume": 0, "typical_volume": 245.0, "trend": 42.380612, "fair_value": 38.979723, "relative_strength": -6.469802, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.662414, "energy": 26.96443, "activity_lines": [ 43.987334, 44.016463, 43.416982, 43.042849 ] }, { "date": "2026-02-20", "close": 45.549999, "volume": 0, "typical_volume": 245.0, "trend": 42.540877, "fair_value": 39.038173, "relative_strength": -5.907273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.725446, "energy": 32.901259, "activity_lines": [ 44.382667, 44.332992, 43.648779, 43.247326 ] }, { "date": "2026-02-27", "close": 45.02, "volume": 1300, "typical_volume": 275.0, "trend": 42.726655, "fair_value": 39.093225, "relative_strength": -8.034767, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.114683, "energy": 34.203523, "activity_lines": [ 44.61, 44.517982, 43.820842, 43.407269 ] }, { "date": "2026-03-06", "close": 42.41, "volume": 0, "typical_volume": 265.0, "trend": 42.838096, "fair_value": 39.131546, "relative_strength": -9.65342, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.033106, "energy": 18.482433, "activity_lines": [ 44.006, 44.181637, 43.735649, 43.38684 ] }, { "date": "2026-03-13", "close": 42.529999, "volume": 0, "typical_volume": 245.0, "trend": 42.893473, "fair_value": 39.170637, "relative_strength": -7.514905, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.360215, "energy": 8.900218, "activity_lines": [ 43.529333, 43.872909, 43.663961, 43.366963 ] }, { "date": "2026-03-20", "close": 41.740002, "volume": 300, "typical_volume": 260.0, "trend": 42.926089, "fair_value": 39.204664, "relative_strength": -5.347808, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.474098, "energy": 22.801805, "activity_lines": [ 42.776, 43.412728, 43.519605, 43.292545 ] }, { "date": "2026-03-27", "close": 42.689999, "volume": 0, "typical_volume": 260.0, "trend": 42.95693, "fair_value": 39.236587, "relative_strength": -4.802852, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.132757, "energy": 23.502158, "activity_lines": [ 42.522667, 43.191455, 43.470343, 43.277314 ] }, { "date": "2026-04-03", "close": 43.75, "volume": 0, "typical_volume": 255.0, "trend": 43.075701, "fair_value": 39.283929, "relative_strength": -5.603553, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.762859, "energy": 15.139613, "activity_lines": [ 42.813333, 43.217273, 43.521244, 43.328479 ] }, { "date": "2026-04-10", "close": 45.34, "volume": 300, "typical_volume": 270.0, "trend": 43.220524, "fair_value": 39.341464, "relative_strength": -3.871503, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.062256, "energy": 17.163536, "activity_lines": [ 43.718667, 43.565818, 43.716347, 43.474563 ] }, { "date": "2026-04-17", "close": 48.220001, "volume": 800, "typical_volume": 290.0, "trend": 43.411999, "fair_value": 39.421465, "relative_strength": 0.197344, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 77.539707, "energy": 63.791921, "activity_lines": [ 45.388667, 44.408546, 44.156002, 43.79711 ] }, { "date": "2026-04-24", "close": 49.48307, "volume": 600, "typical_volume": 320.0, "trend": 43.635187, "fair_value": 39.509562, "relative_strength": 4.118337, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.511161, "energy": 83.717586, "activity_lines": [ 47.100357, 45.373831, 44.684747, 44.188792 ] }, { "date": "2026-05-01", "close": 50.467564, "volume": 300, "typical_volume": 335.0, "trend": 43.863919, "fair_value": 39.607913, "relative_strength": 6.119532, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.849349, "energy": 91.115844, "activity_lines": [ 48.624007, 46.427332, 45.277734, 44.629591 ] }, { "date": "2026-05-08", "close": 51.541553, "volume": 500, "typical_volume": 360.0, "trend": 44.142087, "fair_value": 39.713148, "relative_strength": 7.718602, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.238148, "energy": 94.017682, "activity_lines": [ 49.987149, 47.586694, 45.940377, 45.124922 ] }, { "date": "2026-05-15", "close": 54.823185, "volume": 400, "typical_volume": 380.0, "trend": 44.541331, "fair_value": 39.839419, "relative_strength": 15.228846, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 93.636007, "energy": 97.263092, "activity_lines": [ 51.924731, 49.224142, 46.872246, 45.814025 ] }, { "date": "2026-05-22", "close": 53.162479, "volume": 0, "typical_volume": 380.0, "trend": 44.87775, "fair_value": 39.955045, "relative_strength": 9.58412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.578016, "energy": 90.179253, "activity_lines": [ 52.676533, 50.33395, 47.588361, 46.370228 ] }, { "date": "2026-05-29", "close": 57.866154, "volume": 200, "typical_volume": 360.0, "trend": 45.382971, "fair_value": 40.086099, "relative_strength": 17.89633, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.836919, "energy": 96.304241, "activity_lines": [ 54.666727, 52.105653, 48.699767, 47.20819 ] }, { "date": "2026-06-05", "close": 56.384449, "volume": 100, "typical_volume": 305.0, "trend": 45.844971, "fair_value": 40.207655, "relative_strength": 15.753875, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.334222, "energy": 90.551205, "activity_lines": [ 55.604148, 53.314753, 49.6106, 47.917962 ] }, { "date": "2026-06-12", "close": 56.782219, "volume": 0, "typical_volume": 245.0, "trend": 46.329969, "fair_value": 40.31981, "relative_strength": 14.58693, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.805664, "energy": 85.106995, "activity_lines": [ 56.2797, 54.347185, 50.508342, 48.623591 ] }, { "date": "2026-06-19", "close": 59.666084, "volume": 0, "typical_volume": 245.0, "trend": 47.015638, "fair_value": 40.450452, "relative_strength": 19.858038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.969694, "energy": 92.531293, "activity_lines": [ 57.567162, 55.667006, 51.62749, 49.483986 ] }, { "date": "2026-06-26", "close": 56.68, "volume": 0, "typical_volume": 240.0, "trend": 47.51606, "fair_value": 40.561229, "relative_strength": 13.589039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.809754, "energy": 70.645238, "activity_lines": [ 57.536403, 56.183428, 52.386315, 50.107493 ] }, { "date": "2026-07-03", "close": 55.009998, "volume": 0, "typical_volume": 240.0, "trend": 47.906921, "fair_value": 40.6613, "relative_strength": 9.262246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.382308, "energy": 64.179328, "activity_lines": [ 56.714475, 56.242396, 52.917759, 50.590973 ] }, { "date": "2026-07-10", "close": 54.209999, "volume": 1800, "typical_volume": 330.0, "trend": 48.260077, "fair_value": 40.756244, "relative_strength": 7.435318, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.53305, "energy": 53.547068, "activity_lines": [ 55.816292, 56.05542, 53.322917, 50.997623 ] }, { "date": "2026-07-17", "close": 48.310001, "volume": 100, "typical_volume": 270.0, "trend": 48.455525, "fair_value": 40.799158, "relative_strength": -3.977773, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 14.871174, "energy": 24.352125, "activity_lines": [ 53.096405, 54.727672, 53.124933, 51.000844 ] }, { "date": "2026-07-24", "close": 48.380001, "volume": 200, "typical_volume": 280.0, "trend": 48.643892, "fair_value": 40.84252, "relative_strength": -3.977153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.520846, "energy": 26.021371, "activity_lines": [ 50.964667, 53.471408, 52.917948, 50.995971 ] }, { "date": "2026-07-31", "close": 47.25, "volume": 0, "typical_volume": 280.0, "trend": 48.815559, "fair_value": 40.878639, "relative_strength": -5.688302, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.544175, "energy": 38.85187, "activity_lines": [ 49.208667, 52.126837, 52.574916, 50.906043 ] }, { "date": "2026-08-07", "close": 48.380001, "volume": 400, "typical_volume": 285.0, "trend": 48.915559, "fair_value": 40.922002, "relative_strength": -6.400633, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.834777, "energy": 44.827537, "activity_lines": [ 48.458001, 51.095221, 52.317027, 50.877942 ] } ], "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." } } }