{ "ticker": { "uuid": "3d3114de-0d88-4e0a-bcc8-0ab2d313efaa", "symbol": "EQIN", "name": "COLUMBIA U.S. EQUITY INCOME ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 83.127, "architecture_energy": 79.565, "architecture_maturity": 33.188, "architecture_confidence": 72.255, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 1.21, "rotation_up": 79.54, "upward_expansion": 94.41, "deceleration": 42.84, "rotation_down": 13.39, "downward_expansion": 16.41 }, "activity_lines": [ 53.171307, 52.690918, 51.785665, 51.203944 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 53.8594, "trend_reference": 50.579136, "distance_from_trend": 0.064854, "trend_direction": "Improving", "fair_value": 43.804819, "distance_from_fair_value": 0.229531, "fair_value_direction": "Improving", "relative_strength": -1.45115, "relative_strength_direction": "Improving", "price_momentum": 0.05495, "excess_performance": -0.070675, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.064854, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03619, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.229531, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.059546, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.014512, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.043038, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.05495, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.984584, "read": "Demand-led" } ], "volume": { "latest": 59151, "relative_activity": 0.785606, "balance": 3.984584, "dry_up": 0.83403, "accumulation_observations": 6, "distribution_observations": 1 }, "risk": { "range_context": 0.018571, "annualized_volatility": 0.082339, "from_high_reference": -0.004079, "from_low_reference": 0.229594 }, "levels": { "trend_reference": 50.579136, "fair_value_reference": 43.804819, "structural_low": 48.323056, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 35, "median_return": 0.015249, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.00096, "regime_survival": 0.742857, "best_return": 0.060938, "worst_return": -0.065358, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.024484, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.011358, "regime_survival": 0.692308, "best_return": 0.102568, "worst_return": -0.026911, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.064397, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.007629, "regime_survival": 0.571429, "best_return": 0.117638, "worst_return": -0.002043, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.056118, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.101499, "regime_survival": 0.75, "best_return": 0.233987, "worst_return": 0.018847, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-05-03", "tenure": "Established", "return": 0.112675, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-17", "tenure": "New", "return": 0.009802, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-14", "tenure": "New", "return": -0.005724, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-05", "tenure": "New", "return": -0.00422, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-11-15", "tenure": "Established", "return": 0.048209, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": 0.007738, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": -0.038355, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-04-04", "tenure": "Established", "return": -0.052747, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.026167, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.029644, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.018125, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2026-03-20", "tenure": "Extended", "return": 0.069473, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-05-01", "tenure": "Developing", "return": 0.037355, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.086043, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 35.353641, "volume": 6458, "typical_volume": 24286.8, "trend": 34.576623, "fair_value": 31.587443, "relative_strength": -3.785745, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.338496, "energy": 64.23225, "activity_lines": [ 35.840098, 35.610359, 34.990253, 34.726463 ] }, { "date": "2023-08-25", "close": 35.280559, "volume": 38786, "typical_volume": 25681.35, "trend": 34.565446, "fair_value": 31.669987, "relative_strength": -4.685679, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.37535, "energy": 37.392364, "activity_lines": [ 35.612158, 35.605477, 35.051124, 34.771878 ] }, { "date": "2023-09-01", "close": 35.940416, "volume": 37981, "typical_volume": 26569.35, "trend": 34.574809, "fair_value": 31.757798, "relative_strength": -5.238264, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.044945, "energy": 34.126264, "activity_lines": [ 35.654416, 35.709147, 35.170393, 34.860586 ] }, { "date": "2023-09-08", "close": 35.625601, "volume": 4299, "typical_volume": 26351.6, "trend": 34.585062, "fair_value": 31.846338, "relative_strength": -4.805574, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.489687, "energy": 26.526364, "activity_lines": [ 35.629355, 35.717091, 35.253209, 34.928379 ] }, { "date": "2023-09-15", "close": 35.672971, "volume": 5931, "typical_volume": 26222.65, "trend": 34.601193, "fair_value": 31.9334, "relative_strength": -4.502942, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.006759, "energy": 28.446363, "activity_lines": [ 35.640218, 35.720032, 35.335061, 34.998567 ] }, { "date": "2023-09-22", "close": 35.126839, "volume": 20946, "typical_volume": 26779.3, "trend": 34.625894, "fair_value": 32.022682, "relative_strength": -3.105527, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.293448, "energy": 24.914446, "activity_lines": [ 35.490952, 35.603594, 35.359643, 35.032479 ] }, { "date": "2023-09-29", "close": 34.751557, "volume": 42751, "typical_volume": 27848.05, "trend": 34.627833, "fair_value": 32.10584, "relative_strength": -3.437747, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.940578, "energy": 15.268421, "activity_lines": [ 35.231711, 35.422636, 35.342876, 35.040586 ] }, { "date": "2023-10-06", "close": 34.238329, "volume": 15918, "typical_volume": 27924.5, "trend": 34.665483, "fair_value": 32.178918, "relative_strength": -5.215008, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.087307, "energy": 20.791634, "activity_lines": [ 34.836662, 35.171685, 35.270601, 35.015457 ] }, { "date": "2023-10-13", "close": 34.758701, "volume": 12423, "typical_volume": 27165.3, "trend": 34.727802, "fair_value": 32.255194, "relative_strength": -4.101565, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.312781, "energy": 22.324602, "activity_lines": [ 34.728543, 35.056554, 35.245614, 35.021471 ] }, { "date": "2023-10-20", "close": 34.329897, "volume": 14121, "typical_volume": 27225.3, "trend": 34.767195, "fair_value": 32.327443, "relative_strength": -2.891428, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -27.382674, "energy": 39.481021, "activity_lines": [ 34.535282, 34.884711, 35.172155, 34.9958 ] }, { "date": "2023-10-27", "close": 33.440468, "volume": 48858, "typical_volume": 24051.05, "trend": 34.733124, "fair_value": 32.403142, "relative_strength": -2.875756, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.762131, "energy": 62.831976, "activity_lines": [ 34.135083, 34.581551, 35.010516, 34.910205 ] }, { "date": "2023-11-03", "close": 35.091761, "volume": 17852, "typical_volume": 24262.3, "trend": 34.757945, "fair_value": 32.483137, "relative_strength": -3.552727, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.955765, "energy": 30.333758, "activity_lines": [ 34.39774, 34.61341, 35.008591, 34.933343 ] }, { "date": "2023-11-10", "close": 35.032849, "volume": 20455, "typical_volume": 25154.75, "trend": 34.772986, "fair_value": 32.551479, "relative_strength": -4.814871, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.038323, "energy": 15.660397, "activity_lines": [ 34.618079, 34.637991, 34.998964, 34.951078 ] }, { "date": "2023-11-17", "close": 35.797868, "volume": 18685, "typical_volume": 25385.35, "trend": 34.817056, "fair_value": 32.624088, "relative_strength": -4.74202, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 46.137798, "energy": 21.843257, "activity_lines": [ 35.040457, 34.818167, 35.056436, 35.0172 ] }, { "date": "2023-11-24", "close": 36.104673, "volume": 5388, "typical_volume": 22252.85, "trend": 34.868254, "fair_value": 32.692641, "relative_strength": -4.6795, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 56.87203, "energy": 41.079613, "activity_lines": [ 35.495825, 35.050995, 35.138742, 35.100272 ] }, { "date": "2023-12-01", "close": 36.508798, "volume": 19597, "typical_volume": 21967.7, "trend": 34.953567, "fair_value": 32.761076, "relative_strength": -4.224507, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 73.4698, "energy": 60.173276, "activity_lines": [ 35.967583, 35.34945, 35.252221, 35.206113 ] }, { "date": "2023-12-08", "close": 36.312951, "volume": 14650, "typical_volume": 20464.45, "trend": 35.052022, "fair_value": 32.829882, "relative_strength": -4.770575, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.713908, "energy": 70.244752, "activity_lines": [ 36.169503, 35.58717, 35.341439, 35.293816 ] }, { "date": "2023-12-15", "close": 37.705125, "volume": 73998, "typical_volume": 23763.8, "trend": 35.183481, "fair_value": 32.907843, "relative_strength": -3.24331, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.561462, "energy": 83.657042, "activity_lines": [ 36.754069, 36.049624, 35.561918, 35.464984 ] }, { "date": "2023-12-22", "close": 37.843824, "volume": 11859, "typical_volume": 23852.0, "trend": 35.339753, "fair_value": 32.987167, "relative_strength": -3.547586, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.712311, "energy": 85.904048, "activity_lines": [ 37.206716, 36.474263, 35.789891, 35.636619 ] }, { "date": "2023-12-29", "close": 37.938851, "volume": 5858, "typical_volume": 21840.7, "trend": 35.484353, "fair_value": 33.065252, "relative_strength": -3.408471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.947287, "energy": 86.168696, "activity_lines": [ 37.554642, 36.860086, 36.017788, 35.804302 ] }, { "date": "2024-01-05", "close": 37.740488, "volume": 3224, "typical_volume": 21679.0, "trend": 35.610554, "fair_value": 33.136768, "relative_strength": -2.143269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.40752, "energy": 85.181438, "activity_lines": [ 37.714168, 37.144226, 36.21757, 35.949859 ] }, { "date": "2024-01-12", "close": 37.722472, "volume": 3667, "typical_volume": 19923.05, "trend": 35.712891, "fair_value": 33.206708, "relative_strength": -3.72743, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.016741, "energy": 83.014144, "activity_lines": [ 37.785576, 37.346909, 36.404269, 36.086112 ] }, { "date": "2024-01-19", "close": 37.874068, "volume": 25162, "typical_volume": 19282.1, "trend": 35.847906, "fair_value": 33.278058, "relative_strength": -4.245707, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.087953, "energy": 74.979989, "activity_lines": [ 37.813548, 37.529323, 36.593778, 36.225543 ] }, { "date": "2024-01-26", "close": 38.515926, "volume": 63595, "typical_volume": 22246.9, "trend": 35.969213, "fair_value": 33.359664, "relative_strength": -3.388647, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.835345, "energy": 76.548971, "activity_lines": [ 38.04421, 37.77678, 36.835209, 36.397673 ] }, { "date": "2024-02-02", "close": 38.695153, "volume": 11865, "typical_volume": 22543.6, "trend": 36.10677, "fair_value": 33.43576, "relative_strength": -4.086826, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.306663, "energy": 84.991793, "activity_lines": [ 38.289807, 38.007405, 37.079945, 36.57354 ] }, { "date": "2024-02-09", "close": 38.815384, "volume": 15235, "typical_volume": 22258.05, "trend": 36.222914, "fair_value": 33.509371, "relative_strength": -4.86982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.388686, "energy": 85.785683, "activity_lines": [ 38.525061, 38.21279, 37.321741, 36.74829 ] }, { "date": "2024-02-16", "close": 39.063315, "volume": 11958, "typical_volume": 20718.4, "trend": 36.323883, "fair_value": 33.582973, "relative_strength": -3.721668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.708242, "energy": 88.404034, "activity_lines": [ 38.771299, 38.421316, 37.569585, 36.931541 ] }, { "date": "2024-02-23", "close": 39.657192, "volume": 17060, "typical_volume": 20775.5, "trend": 36.428966, "fair_value": 33.661551, "relative_strength": -3.635186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.584391, "energy": 91.424874, "activity_lines": [ 39.126107, 38.687812, 37.853456, 37.146594 ] }, { "date": "2024-03-01", "close": 39.850888, "volume": 175904, "typical_volume": 28949.55, "trend": 36.559742, "fair_value": 33.734404, "relative_strength": -3.893218, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.042618, "energy": 88.033152, "activity_lines": [ 39.426605, 38.954034, 38.12997, 37.367363 ] }, { "date": "2024-03-08", "close": 40.03749, "volume": 64845, "typical_volume": 31485.75, "trend": 36.694268, "fair_value": 33.80168, "relative_strength": -3.025465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.316969, "energy": 84.35942, "activity_lines": [ 39.700306, 39.217692, 38.400007, 37.591734 ] }, { "date": "2024-03-15", "close": 40.211396, "volume": 23083, "typical_volume": 30197.0, "trend": 36.856194, "fair_value": 33.871028, "relative_strength": -2.39291, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.336453, "energy": 88.89784, "activity_lines": [ 39.942487, 39.474811, 38.659428, 37.818645 ] }, { "date": "2024-03-22", "close": 41.126416, "volume": 41328, "typical_volume": 31370.8, "trend": 37.051056, "fair_value": 33.942205, "relative_strength": -2.210089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.754698, "energy": 92.794049, "activity_lines": [ 40.396607, 39.853373, 38.973751, 38.094143 ] }, { "date": "2024-03-29", "close": 41.752418, "volume": 8241, "typical_volume": 30760.1, "trend": 37.244789, "fair_value": 34.017341, "relative_strength": -0.942768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.254636, "energy": 94.616845, "activity_lines": [ 40.921854, 40.283863, 39.318957, 38.397457 ] }, { "date": "2024-04-05", "close": 41.339521, "volume": 30784, "typical_volume": 31365.05, "trend": 37.435253, "fair_value": 34.08813, "relative_strength": -0.916341, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.316451, "energy": 86.516347, "activity_lines": [ 41.169787, 40.568765, 39.592842, 38.661633 ] }, { "date": "2024-04-12", "close": 40.261059, "volume": 19567, "typical_volume": 32074.0, "trend": 37.588189, "fair_value": 34.148362, "relative_strength": -1.922858, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.611237, "energy": 66.88085, "activity_lines": [ 40.958991, 40.606246, 39.737626, 38.843943 ] }, { "date": "2024-04-19", "close": 40.25909, "volume": 19939, "typical_volume": 32091.1, "trend": 37.759264, "fair_value": 34.208043, "relative_strength": 1.26601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.62651, "energy": 62.387657, "activity_lines": [ 40.732633, 40.614897, 39.862432, 39.016259 ] }, { "date": "2024-04-26", "close": 40.65858, "volume": 15520, "typical_volume": 32134.6, "trend": 37.956165, "fair_value": 34.268391, "relative_strength": -0.261714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.851553, "energy": 48.432162, "activity_lines": [ 40.63626, 40.669933, 40.007425, 39.203312 ] }, { "date": "2024-05-03", "close": 40.404504, "volume": 14581, "typical_volume": 29163.75, "trend": 38.161704, "fair_value": 34.317931, "relative_strength": -1.367126, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.565115, "energy": 35.317969, "activity_lines": [ 40.486383, 40.64977, 40.107527, 39.361269 ] }, { "date": "2024-05-10", "close": 41.452965, "volume": 7432, "typical_volume": 28942.4, "trend": 38.384846, "fair_value": 34.374699, "relative_strength": -0.600098, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.219747, "energy": 45.614958, "activity_lines": [ 40.775855, 40.806648, 40.294628, 39.573609 ] }, { "date": "2024-05-17", "close": 41.859298, "volume": 9109, "typical_volume": 29104.95, "trend": 38.635826, "fair_value": 34.436568, "relative_strength": -1.192507, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.713518, "energy": 58.852079, "activity_lines": [ 41.193207, 41.008276, 40.503241, 39.797767 ] }, { "date": "2024-05-24", "close": 41.244829, "volume": 11119, "typical_volume": 29499.7, "trend": 38.895972, "fair_value": 34.494286, "relative_strength": -2.589936, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.471261, "energy": 52.62985, "activity_lines": [ 41.299188, 41.065058, 40.634665, 39.96609 ] }, { "date": "2024-05-31", "close": 41.335677, "volume": 15887, "typical_volume": 30110.7, "trend": 39.104102, "fair_value": 34.549481, "relative_strength": -1.961907, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.531231, "energy": 52.722305, "activity_lines": [ 41.369735, 41.119569, 40.758053, 40.12349 ] }, { "date": "2024-06-07", "close": 41.017755, "volume": 149780, "typical_volume": 36341.6, "trend": 39.303599, "fair_value": 34.604218, "relative_strength": -3.848764, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.110564, "energy": 46.921429, "activity_lines": [ 41.289169, 41.112471, 40.833958, 40.246952 ] }, { "date": "2024-06-14", "close": 41.008754, "volume": 34879, "typical_volume": 34905.8, "trend": 39.477295, "fair_value": 34.670117, "relative_strength": -5.3285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.509881, "energy": 36.292726, "activity_lines": [ 41.164718, 41.117094, 40.894035, 40.356962 ] }, { "date": "2024-06-21", "close": 41.468903, "volume": 13380, "typical_volume": 34981.55, "trend": 39.656103, "fair_value": 34.732833, "relative_strength": -4.808695, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.869927, "energy": 38.279758, "activity_lines": [ 41.223265, 41.211394, 40.986065, 40.485452 ] }, { "date": "2024-06-28", "close": 41.438568, "volume": 16994, "typical_volume": 35069.5, "trend": 39.820429, "fair_value": 34.794902, "relative_strength": -4.744246, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.050299, "energy": 35.823936, "activity_lines": [ 41.297727, 41.278218, 41.061998, 40.60045 ] }, { "date": "2024-07-05", "close": 41.2939, "volume": 30994, "typical_volume": 36021.3, "trend": 39.98646, "fair_value": 34.856746, "relative_strength": -6.737131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.54101, "energy": 34.545924, "activity_lines": [ 41.31105, 41.297294, 41.111662, 40.695513 ] }, { "date": "2024-07-12", "close": 42.307047, "volume": 76423, "typical_volume": 38989.45, "trend": 40.139858, "fair_value": 34.929033, "relative_strength": -5.266045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.610707, "energy": 56.128628, "activity_lines": [ 41.664873, 41.489027, 41.247194, 40.845228 ] }, { "date": "2024-07-19", "close": 42.502514, "volume": 25136, "typical_volume": 31451.05, "trend": 40.295147, "fair_value": 35.002047, "relative_strength": -2.841966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.049822, "energy": 66.830226, "activity_lines": [ 41.9979, 41.681708, 41.388724, 40.997657 ] }, { "date": "2024-07-26", "close": 42.726348, "volume": 16600, "typical_volume": 29038.8, "trend": 40.454731, "fair_value": 35.075018, "relative_strength": -1.453665, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.764401, "energy": 74.979582, "activity_lines": [ 42.305954, 41.896003, 41.538944, 41.154509 ] }, { "date": "2024-08-02", "close": 41.920449, "volume": 18350, "typical_volume": 28802.15, "trend": 40.594063, "fair_value": 35.141281, "relative_strength": -1.15002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.123646, "energy": 63.640137, "activity_lines": [ 42.261545, 41.948007, 41.599608, 41.249072 ] }, { "date": "2024-08-09", "close": 41.836381, "volume": 35700, "typical_volume": 28520.75, "trend": 40.731193, "fair_value": 35.204293, "relative_strength": -1.283159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.100001, "energy": 43.507671, "activity_lines": [ 42.156988, 41.972441, 41.644127, 41.329221 ] }, { "date": "2024-08-16", "close": 42.890148, "volume": 25457, "typical_volume": 29381.55, "trend": 40.898396, "fair_value": 35.276301, "relative_strength": -2.577122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.362016, "energy": 47.247178, "activity_lines": [ 42.367521, 42.179366, 41.785624, 41.468509 ] }, { "date": "2024-08-23", "close": 43.482675, "volume": 64522, "typical_volume": 31068.45, "trend": 41.063954, "fair_value": 35.349023, "relative_strength": -2.511689, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.106141, "energy": 53.270641, "activity_lines": [ 42.73669, 42.459979, 41.978135, 41.635236 ] }, { "date": "2024-08-30", "close": 43.948063, "volume": 69669, "typical_volume": 33573.55, "trend": 41.239051, "fair_value": 35.424754, "relative_strength": -1.672242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.933599, "energy": 77.205908, "activity_lines": [ 43.195645, 42.780228, 42.204763, 41.821308 ] }, { "date": "2024-09-06", "close": 42.590822, "volume": 50935, "typical_volume": 35123.35, "trend": 41.364899, "fair_value": 35.495699, "relative_strength": -0.541718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.002574, "energy": 64.722751, "activity_lines": [ 43.120738, 42.808631, 42.284572, 41.908519 ] }, { "date": "2024-09-13", "close": 43.79086, "volume": 57107, "typical_volume": 37202.7, "trend": 41.522484, "fair_value": 35.574962, "relative_strength": -1.597963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.658015, "energy": 68.842108, "activity_lines": [ 43.401152, 43.034272, 42.467568, 42.065033 ] }, { "date": "2024-09-20", "close": 44.295737, "volume": 61890, "typical_volume": 39568.15, "trend": 41.677102, "fair_value": 35.656691, "relative_strength": -1.744564, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.195368, "energy": 67.850147, "activity_lines": [ 43.719559, 43.306309, 42.683731, 42.243952 ] }, { "date": "2024-09-27", "close": 44.689807, "volume": 110318, "typical_volume": 44712.45, "trend": 41.838399, "fair_value": 35.741512, "relative_strength": -1.328673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.348213, "energy": 62.642076, "activity_lines": [ 44.075618, 43.613838, 42.918895, 42.43832 ] }, { "date": "2024-10-04", "close": 45.186209, "volume": 131843, "typical_volume": 50849.15, "trend": 42.010023, "fair_value": 35.825651, "relative_strength": -0.448999, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.786891, "energy": 82.135007, "activity_lines": [ 44.516668, 43.971852, 43.185922, 42.654308 ] }, { "date": "2024-10-11", "close": 45.383463, "volume": 67881, "typical_volume": 53687.25, "trend": 42.182425, "fair_value": 35.907925, "relative_strength": -1.072768, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.576596, "energy": 87.239871, "activity_lines": [ 44.940927, 44.321006, 43.455892, 42.871949 ] }, { "date": "2024-10-18", "close": 45.380812, "volume": 100611, "typical_volume": 57923.45, "trend": 42.324239, "fair_value": 35.988153, "relative_strength": -1.807421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.812475, "energy": 87.282152, "activity_lines": [ 45.178126, 44.606715, 43.705902, 43.078297 ] }, { "date": "2024-10-25", "close": 44.389523, "volume": 85259, "typical_volume": 54697.4, "trend": 42.412142, "fair_value": 36.064525, "relative_strength": -2.893045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.848752, "energy": 69.476073, "activity_lines": [ 44.978898, 44.647744, 43.842242, 43.211541 ] }, { "date": "2024-11-01", "close": 43.756947, "volume": 86172, "typical_volume": 57262.05, "trend": 42.492723, "fair_value": 36.135202, "relative_strength": -2.812822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.008212, "energy": 49.239879, "activity_lines": [ 44.56256, 44.546499, 43.90228, 43.298302 ] }, { "date": "2024-11-08", "close": 45.17835, "volume": 74177, "typical_volume": 60301.9, "trend": 42.656633, "fair_value": 36.212961, "relative_strength": -4.091666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.330936, "energy": 43.703435, "activity_lines": [ 44.682213, 44.698704, 44.084603, 43.471569 ] }, { "date": "2024-11-15", "close": 44.346625, "volume": 66191, "typical_volume": 62761.75, "trend": 42.792884, "fair_value": 36.290027, "relative_strength": -3.745606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.398381, "energy": 29.049666, "activity_lines": [ 44.525148, 44.677317, 44.17005, 43.580601 ] }, { "date": "2024-11-22", "close": 45.270963, "volume": 168197, "typical_volume": 69621.9, "trend": 42.94663, "fair_value": 36.373889, "relative_strength": -3.246771, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.823508, "energy": 36.94582, "activity_lines": [ 44.745319, 44.792067, 44.329681, 43.740477 ] }, { "date": "2024-11-29", "close": 45.621248, "volume": 57169, "typical_volume": 68659.2, "trend": 43.120521, "fair_value": 36.461426, "relative_strength": -3.521917, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.39587, "energy": 51.096928, "activity_lines": [ 45.089574, 44.943596, 44.503734, 43.913033 ] }, { "date": "2024-12-06", "close": 44.809694, "volume": 97975, "typical_volume": 72301.15, "trend": 43.232412, "fair_value": 36.538072, "relative_strength": -5.914049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.856579, "energy": 43.121838, "activity_lines": [ 45.081197, 44.923468, 44.584715, 44.022011 ] }, { "date": "2024-12-13", "close": 44.558084, "volume": 209312, "typical_volume": 81936.75, "trend": 43.322372, "fair_value": 36.613836, "relative_strength": -5.714786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.262907, "energy": 40.383863, "activity_lines": [ 44.918766, 44.855414, 44.630746, 44.107539 ] }, { "date": "2024-12-20", "close": 43.091005, "volume": 100001, "typical_volume": 86019.3, "trend": 43.383911, "fair_value": 36.677432, "relative_strength": -6.93045, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 9.178574, "energy": 8.413848, "activity_lines": [ 44.30866, 44.532038, 44.528333, 44.092612 ] }, { "date": "2024-12-27", "close": 43.564546, "volume": 61075, "typical_volume": 87288.05, "trend": 43.458207, "fair_value": 36.740101, "relative_strength": -6.34272, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.679238, "energy": 16.560113, "activity_lines": [ 43.940109, 44.336442, 44.465445, 44.104266 ] }, { "date": "2025-01-03", "close": 43.431155, "volume": 51822, "typical_volume": 88606.3, "trend": 43.538653, "fair_value": 36.795482, "relative_strength": -5.954344, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.27399, "energy": 23.334978, "activity_lines": [ 43.640856, 44.149616, 44.381624, 44.10252 ] }, { "date": "2025-01-10", "close": 42.760404, "volume": 71425, "typical_volume": 88951.45, "trend": 43.597042, "fair_value": 36.845213, "relative_strength": -5.427577, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.545926, "energy": 39.301448, "activity_lines": [ 43.264025, 43.85826, 44.231345, 44.052311 ] }, { "date": "2025-01-17", "close": 44.579345, "volume": 111670, "typical_volume": 91051.5, "trend": 43.700723, "fair_value": 36.915764, "relative_strength": -4.108031, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.140096, "energy": 22.220277, "activity_lines": [ 43.630127, 43.915739, 44.257738, 44.115685 ] }, { "date": "2025-01-24", "close": 45.01849, "volume": 100323, "typical_volume": 93520.9, "trend": 43.820054, "fair_value": 36.988483, "relative_strength": -4.677239, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.642758, "energy": 15.413057, "activity_lines": [ 44.141193, 44.063955, 44.322949, 44.200702 ] }, { "date": "2025-01-31", "close": 44.624847, "volume": 190986, "typical_volume": 100214.85, "trend": 43.931085, "fair_value": 37.05589, "relative_strength": -4.423819, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.46478, "energy": 20.126056, "activity_lines": [ 44.392546, 44.128382, 44.339109, 44.252625 ] }, { "date": "2025-02-07", "close": 44.530529, "volume": 118327, "typical_volume": 103036.7, "trend": 44.005201, "fair_value": 37.122948, "relative_strength": -4.356835, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.401601, "energy": 28.400516, "activity_lines": [ 44.541773, 44.187409, 44.342315, 44.291298 ] }, { "date": "2025-02-14", "close": 45.192219, "volume": 142655, "typical_volume": 104653.55, "trend": 44.094858, "fair_value": 37.197219, "relative_strength": -4.236508, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.741765, "energy": 35.275776, "activity_lines": [ 44.838272, 44.386575, 44.407422, 44.36788 ] }, { "date": "2025-02-21", "close": 45.176337, "volume": 98166, "typical_volume": 102969.7, "trend": 44.176525, "fair_value": 37.270781, "relative_strength": -2.621158, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.162762, "energy": 48.99797, "activity_lines": [ 44.967355, 44.575897, 44.468623, 44.437653 ] }, { "date": "2025-02-28", "close": 44.966362, "volume": 117599, "typical_volume": 105455.6, "trend": 44.278055, "fair_value": 37.340674, "relative_strength": -2.060537, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.498829, "energy": 43.244761, "activity_lines": [ 44.986648, 44.715802, 44.509874, 44.48861 ] }, { "date": "2025-03-07", "close": 44.791463, "volume": 116564, "typical_volume": 106253.25, "trend": 44.376558, "fair_value": 37.414151, "relative_strength": 0.688531, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.095306, "energy": 33.176138, "activity_lines": [ 44.951116, 44.789809, 44.536454, 44.521733 ] }, { "date": "2025-03-14", "close": 43.78787, "volume": 111739, "typical_volume": 107577.25, "trend": 44.406482, "fair_value": 37.474718, "relative_strength": 0.771339, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.747992, "energy": 5.692941, "activity_lines": [ 44.569945, 44.659037, 44.47026, 44.483753 ] }, { "date": "2025-03-21", "close": 44.050948, "volume": 106956, "typical_volume": 108616.45, "trend": 44.425424, "fair_value": 37.532602, "relative_strength": 0.908338, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.367667, "energy": 9.58477, "activity_lines": [ 44.325978, 44.569612, 44.431986, 44.460816 ] }, { "date": "2025-03-28", "close": 44.324588, "volume": 77307, "typical_volume": 108772.95, "trend": 44.437975, "fair_value": 37.594146, "relative_strength": 3.082771, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.846479, "energy": 11.510652, "activity_lines": [ 44.249309, 44.506475, 44.418373, 44.45431 ] }, { "date": "2025-04-04", "close": 41.266662, "volume": 205320, "typical_volume": 115729.4, "trend": 44.393836, "fair_value": 37.634609, "relative_strength": 5.516064, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -80.659112, "energy": 65.398646, "activity_lines": [ 43.210114, 43.891983, 44.117594, 44.249709 ] }, { "date": "2025-04-11", "close": 42.384966, "volume": 322440, "typical_volume": 123441.55, "trend": 44.346973, "fair_value": 37.682756, "relative_strength": 2.569259, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.94606, "energy": 65.817219, "activity_lines": [ 42.790334, 43.549035, 43.937988, 44.120105 ] }, { "date": "2025-04-18", "close": 42.004623, "volume": 100197, "typical_volume": 125592.95, "trend": 44.270603, "fair_value": 37.73105, "relative_strength": 3.168065, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.081769, "energy": 72.03775, "activity_lines": [ 42.404206, 43.177658, 43.7359, 43.968985 ] }, { "date": "2025-04-25", "close": 42.216785, "volume": 311936, "typical_volume": 136291.0, "trend": 44.188169, "fair_value": 37.789136, "relative_strength": -0.766367, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.341535, "energy": 69.565794, "activity_lines": [ 42.207682, 42.890782, 43.571241, 43.836481 ] }, { "date": "2025-05-02", "close": 42.912921, "volume": 488978, "typical_volume": 150274.3, "trend": 44.112392, "fair_value": 37.845523, "relative_strength": -1.893745, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.391187, "energy": 45.726807, "activity_lines": [ 42.365481, 42.784575, 43.485228, 43.754207 ] }, { "date": "2025-05-09", "close": 42.948575, "volume": 177843, "typical_volume": 154166.4, "trend": 44.03123, "fair_value": 37.906412, "relative_strength": -1.28062, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.270042, "energy": 34.048828, "activity_lines": [ 42.629275, 42.726003, 43.410444, 43.679122 ] }, { "date": "2025-05-16", "close": 43.989694, "volume": 264144, "typical_volume": 164319.85, "trend": 43.984859, "fair_value": 37.978997, "relative_strength": -3.823948, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.813536, "energy": 15.733838, "activity_lines": [ 43.127982, 42.893413, 43.435493, 43.676442 ] }, { "date": "2025-05-23", "close": 42.853465, "volume": 147991, "typical_volume": 169128.3, "trend": 43.933657, "fair_value": 38.030787, "relative_strength": -3.749118, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.647518, "energy": 17.672278, "activity_lines": [ 43.140964, 42.868813, 43.350305, 43.603449 ] }, { "date": "2025-05-30", "close": 43.225678, "volume": 100848, "typical_volume": 170599.45, "trend": 43.915948, "fair_value": 38.088156, "relative_strength": -4.46223, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.552445, "energy": 16.865769, "activity_lines": [ 43.221427, 42.928878, 43.303317, 43.557773 ] }, { "date": "2025-06-06", "close": 43.494063, "volume": 122533, "typical_volume": 171142.6, "trend": 43.859805, "fair_value": 38.156805, "relative_strength": -5.310261, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.795147, "energy": 16.224667, "activity_lines": [ 43.324092, 43.052745, 43.279673, 43.530555 ] }, { "date": "2025-06-13", "close": 43.695842, "volume": 121343, "typical_volume": 172193.6, "trend": 43.838112, "fair_value": 38.24286, "relative_strength": -4.450406, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -22.495826, "energy": 11.580908, "activity_lines": [ 43.455275, 43.228399, 43.280415, 43.519976 ] }, { "date": "2025-06-20", "close": 43.392194, "volume": 76741, "typical_volume": 166481.35, "trend": 43.775487, "fair_value": 38.317259, "relative_strength": -4.864397, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.359968, "energy": 9.702965, "activity_lines": [ 43.435423, 43.304678, 43.258536, 43.491207 ] }, { "date": "2025-06-27", "close": 44.1146, "volume": 87838, "typical_volume": 164956.9, "trend": 43.725265, "fair_value": 38.398146, "relative_strength": -6.400039, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.529349, "energy": 9.433536, "activity_lines": [ 43.696207, 43.49399, 43.311328, 43.513086 ] }, { "date": "2025-07-04", "close": 44.99118, "volume": 160923, "typical_volume": 165870.3, "trend": 43.731315, "fair_value": 38.484128, "relative_strength": -6.051477, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.393433, "energy": 38.68336, "activity_lines": [ 44.165109, 43.804317, 43.449584, 43.594758 ] }, { "date": "2025-07-11", "close": 44.754799, "volume": 130091, "typical_volume": 167466.55, "trend": 43.737872, "fair_value": 38.570095, "relative_strength": -6.176063, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.316215, "energy": 50.625627, "activity_lines": [ 44.437516, 44.021222, 43.566284, 43.660789 ] }, { "date": "2025-07-18", "close": 44.419926, "volume": 112389, "typical_volume": 167206.05, "trend": 43.782169, "fair_value": 38.649581, "relative_strength": -7.288499, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.121126, "energy": 50.867056, "activity_lines": [ 44.514251, 44.143752, 43.6531, 43.704792 ] }, { "date": "2025-07-25", "close": 44.823448, "volume": 69057, "typical_volume": 164830.7, "trend": 43.824133, "fair_value": 38.724601, "relative_strength": -7.632566, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.807795, "energy": 58.460285, "activity_lines": [ 44.67722, 44.312898, 43.780948, 43.771972 ] }, { "date": "2025-08-01", "close": 43.493312, "volume": 181359, "typical_volume": 168311.7, "trend": 43.826205, "fair_value": 38.793257, "relative_strength": -7.931264, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.805702, "energy": 20.334721, "activity_lines": [ 44.301394, 44.225043, 43.781964, 43.750628 ] }, { "date": "2025-08-08", "close": 44.045656, "volume": 112952, "typical_volume": 168611.5, "trend": 43.869046, "fair_value": 38.855412, "relative_strength": -8.785506, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 10.998367, "energy": 10.897608, "activity_lines": [ 44.151102, 44.225979, 43.836987, 43.764787 ] }, { "date": "2025-08-15", "close": 44.657292, "volume": 74038, "typical_volume": 168448.05, "trend": 43.871644, "fair_value": 38.923127, "relative_strength": -8.210537, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.315053, "energy": 14.986636, "activity_lines": [ 44.267723, 44.323214, 43.950287, 43.815641 ] }, { "date": "2025-08-22", "close": 45.565979, "volume": 79610, "typical_volume": 162162.55, "trend": 43.889894, "fair_value": 39.003654, "relative_strength": -6.430881, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.298776, "energy": 40.068276, "activity_lines": [ 44.69374, 44.564515, 44.148543, 43.924953 ] }, { "date": "2025-08-29", "close": 45.247259, "volume": 103519, "typical_volume": 151216.5, "trend": 43.910641, "fair_value": 39.087605, "relative_strength": -6.839247, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.622065, "energy": 63.498447, "activity_lines": [ 44.937114, 44.713864, 44.295973, 44.012525 ] }, { "date": "2025-09-05", "close": 45.030577, "volume": 91694, "typical_volume": 150791.35, "trend": 43.927309, "fair_value": 39.163298, "relative_strength": -7.357141, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.958851, "energy": 65.831308, "activity_lines": [ 45.080007, 44.790088, 44.409136, 44.084779 ] }, { "date": "2025-09-12", "close": 45.576518, "volume": 217547, "typical_volume": 146071.9, "trend": 43.940119, "fair_value": 39.253611, "relative_strength": -7.457975, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.864553, "energy": 71.830046, "activity_lines": [ 45.302395, 44.94892, 44.559884, 44.191179 ] }, { "date": "2025-09-19", "close": 45.916611, "volume": 119895, "typical_volume": 127617.75, "trend": 43.964795, "fair_value": 39.3553, "relative_strength": -7.675545, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.913281, "energy": 70.954553, "activity_lines": [ 45.53609, 45.158944, 44.727023, 44.318695 ] }, { "date": "2025-09-26", "close": 46.366585, "volume": 152403, "typical_volume": 126345.75, "trend": 44.011469, "fair_value": 39.464837, "relative_strength": -6.287358, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.926188, "energy": 75.693996, "activity_lines": [ 45.835822, 45.429658, 44.922714, 44.473649 ] }, { "date": "2025-10-03", "close": 46.145712, "volume": 102893, "typical_volume": 118283.2, "trend": 44.056611, "fair_value": 39.567065, "relative_strength": -7.505279, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.900629, "energy": 74.828644, "activity_lines": [ 46.008556, 45.624819, 45.081093, 44.611342 ] }, { "date": "2025-10-10", "close": 44.887169, "volume": 92721, "typical_volume": 115519.7, "trend": 44.093254, "fair_value": 39.661714, "relative_strength": -7.546521, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.812762, "energy": 46.492624, "activity_lines": [ 45.701879, 45.567114, 45.109344, 44.664927 ] }, { "date": "2025-10-17", "close": 45.718215, "volume": 78939, "typical_volume": 114424.25, "trend": 44.14883, "fair_value": 39.754343, "relative_strength": -7.21217, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.600284, "energy": 41.403304, "activity_lines": [ 45.681778, 45.635165, 45.207058, 44.769763 ] }, { "date": "2025-10-24", "close": 46.383408, "volume": 48965, "typical_volume": 110745.85, "trend": 44.217457, "fair_value": 39.839572, "relative_strength": -7.431204, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.494023, "energy": 43.726442, "activity_lines": [ 45.873961, 45.793749, 45.356254, 44.913929 ] }, { "date": "2025-10-31", "close": 46.102369, "volume": 308699, "typical_volume": 120113.65, "trend": 44.378647, "fair_value": 39.926586, "relative_strength": -8.403767, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.528533, "energy": 38.898907, "activity_lines": [ 45.941345, 45.869852, 45.464926, 45.035536 ] }, { "date": "2025-11-07", "close": 45.967786, "volume": 111264, "typical_volume": 121839.8, "trend": 44.498075, "fair_value": 39.999075, "relative_strength": -6.96939, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.251338, "energy": 40.895103, "activity_lines": [ 45.981482, 45.911733, 45.549321, 45.138062 ] }, { "date": "2025-11-14", "close": 46.00539, "volume": 126439, "typical_volume": 123769.85, "trend": 44.631434, "fair_value": 40.073804, "relative_strength": -6.827811, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.595884, "energy": 40.117838, "activity_lines": [ 46.046015, 45.94735, 45.625032, 45.235308 ] }, { "date": "2025-11-21", "close": 45.470129, "volume": 97849, "typical_volume": 120616.15, "trend": 44.739878, "fair_value": 40.141132, "relative_strength": -5.913658, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.319155, "energy": 26.382087, "activity_lines": [ 45.857581, 45.867923, 45.640762, 45.289417 ] }, { "date": "2025-11-28", "close": 46.638719, "volume": 87166, "typical_volume": 118469.9, "trend": 44.864072, "fair_value": 40.214364, "relative_strength": -6.730529, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.837992, "energy": 36.35203, "activity_lines": [ 46.075215, 46.002902, 45.765506, 45.411923 ] }, { "date": "2025-12-05", "close": 46.757468, "volume": 83546, "typical_volume": 117027.75, "trend": 44.991035, "fair_value": 40.296294, "relative_strength": -6.649055, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.142014, "energy": 39.666852, "activity_lines": [ 46.315411, 46.146342, 45.892589, 45.534077 ] }, { "date": "2025-12-12", "close": 47.638191, "volume": 74969, "typical_volume": 117323.35, "trend": 45.112651, "fair_value": 40.386483, "relative_strength": -4.222327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.538058, "energy": 59.248655, "activity_lines": [ 46.805509, 46.442806, 46.092418, 45.704862 ] }, { "date": "2025-12-19", "close": 47.138863, "volume": 105975, "typical_volume": 113554.15, "trend": 45.255498, "fair_value": 40.471091, "relative_strength": -5.228838, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.009768, "energy": 67.905772, "activity_lines": [ 47.017803, 46.621348, 46.231289, 45.835585 ] }, { "date": "2025-12-26", "close": 47.747876, "volume": 44222, "typical_volume": 110117.65, "trend": 45.406238, "fair_value": 40.55918, "relative_strength": -5.233802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.051959, "energy": 75.315616, "activity_lines": [ 47.357537, 46.869679, 46.410802, 45.996384 ] }, { "date": "2026-01-02", "close": 47.600399, "volume": 23994, "typical_volume": 107615.45, "trend": 45.543116, "fair_value": 40.6395, "relative_strength": -4.424483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.686115, "energy": 72.101671, "activity_lines": [ 47.496263, 47.054294, 46.558639, 46.137942 ] }, { "date": "2026-01-09", "close": 48.872164, "volume": 84488, "typical_volume": 107859.35, "trend": 45.71566, "fair_value": 40.724556, "relative_strength": -3.307143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.928936, "energy": 81.173599, "activity_lines": [ 47.994797, 47.448011, 46.813582, 46.35272 ] }, { "date": "2026-01-16", "close": 48.780911, "volume": 109199, "typical_volume": 108143.35, "trend": 45.895284, "fair_value": 40.813485, "relative_strength": -3.024739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.106903, "energy": 84.702054, "activity_lines": [ 48.321935, 47.774777, 47.044091, 46.550478 ] }, { "date": "2026-01-23", "close": 48.741007, "volume": 56156, "typical_volume": 106366.45, "trend": 46.049497, "fair_value": 40.89762, "relative_strength": -2.654433, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.706825, "energy": 78.048736, "activity_lines": [ 48.55959, 48.04314, 47.253972, 46.734073 ] }, { "date": "2026-01-30", "close": 49.37251, "volume": 56777, "typical_volume": 98327.95, "trend": 46.195542, "fair_value": 40.985524, "relative_strength": -1.688206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.992208, "energy": 84.371177, "activity_lines": [ 48.900936, 48.376583, 47.506328, 46.948461 ] }, { "date": "2026-02-06", "close": 51.053966, "volume": 104507, "typical_volume": 97558.55, "trend": 46.405514, "fair_value": 41.086395, "relative_strength": 1.887438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.418462, "energy": 91.206592, "activity_lines": [ 49.694458, 48.944793, 47.900746, 47.261908 ] }, { "date": "2026-02-13", "close": 50.790955, "volume": 86408, "typical_volume": 94258.8, "trend": 46.617881, "fair_value": 41.186408, "relative_strength": 2.694656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.667529, "energy": 87.177672, "activity_lines": [ 50.170073, 49.384905, 48.245652, 47.544839 ] }, { "date": "2026-02-20", "close": 50.99993, "volume": 114141, "typical_volume": 94821.2, "trend": 46.823764, "fair_value": 41.292908, "relative_strength": 2.028242, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.462594, "energy": 89.839089, "activity_lines": [ 50.587426, 49.789677, 48.589392, 47.827552 ] }, { "date": "2026-02-27", "close": 50.570038, "volume": 142370, "typical_volume": 97303.65, "trend": 47.059655, "fair_value": 41.394682, "relative_strength": 1.752346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.810631, "energy": 84.898535, "activity_lines": [ 50.713548, 50.055165, 48.869075, 48.069247 ] }, { "date": "2026-03-06", "close": 49.775932, "volume": 153005, "typical_volume": 101006.95, "trend": 47.250664, "fair_value": 41.501522, "relative_strength": 2.308212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.570077, "energy": 61.034225, "activity_lines": [ 50.453032, 50.113884, 49.046067, 48.244491 ] }, { "date": "2026-03-13", "close": 48.792753, "volume": 72553, "typical_volume": 102186.35, "trend": 47.388513, "fair_value": 41.603468, "relative_strength": 1.951863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.507825, "energy": 43.350429, "activity_lines": [ 49.837895, 49.95697, 49.110101, 48.34398 ] }, { "date": "2026-03-20", "close": 48.390724, "volume": 82683, "typical_volume": 90885.55, "trend": 47.482671, "fair_value": 41.701177, "relative_strength": 3.085635, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.481271, "energy": 25.493906, "activity_lines": [ 49.239496, 49.70528, 49.124373, 48.408639 ] }, { "date": "2026-03-27", "close": 48.43, "volume": 95668, "typical_volume": 90105.75, "trend": 47.588763, "fair_value": 41.790712, "relative_strength": 5.646166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.567297, "energy": 28.016968, "activity_lines": [ 48.814204, 49.469485, 49.131488, 48.469757 ] }, { "date": "2026-04-03", "close": 49.0814, "volume": 77972, "typical_volume": 87682.4, "trend": 47.72379, "fair_value": 41.885163, "relative_strength": 3.732367, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.531007, "energy": 25.845964, "activity_lines": [ 48.777374, 49.358507, 49.188917, 48.566056 ] }, { "date": "2026-04-10", "close": 49.5368, "volume": 70133, "typical_volume": 86296.6, "trend": 47.855799, "fair_value": 41.981029, "relative_strength": 1.25315, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.016677, "energy": 22.070834, "activity_lines": [ 48.991587, 49.324139, 49.27507, 48.683025 ] }, { "date": "2026-04-17", "close": 50.3255, "volume": 94556, "typical_volume": 86666.1, "trend": 48.002762, "fair_value": 42.08263, "relative_strength": -1.319397, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.059515, "energy": 30.145106, "activity_lines": [ 49.484642, 49.430185, 49.416972, 48.84236 ] }, { "date": "2026-04-24", "close": 49.550914, "volume": 86676, "typical_volume": 86822.6, "trend": 48.108907, "fair_value": 42.17867, "relative_strength": -3.144188, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.595608, "energy": 28.13038, "activity_lines": [ 49.617318, 49.408641, 49.467548, 48.942241 ] }, { "date": "2026-05-01", "close": 50.23911, "volume": 72636, "typical_volume": 86705.95, "trend": 48.245353, "fair_value": 42.283091, "relative_strength": -2.533615, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.175538, "energy": 38.359092, "activity_lines": [ 49.902047, 49.534771, 49.570364, 49.079674 ] }, { "date": "2026-05-08", "close": 49.592327, "volume": 78638, "typical_volume": 85339.1, "trend": 48.402192, "fair_value": 42.387149, "relative_strength": -5.754982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.493975, "energy": 37.394843, "activity_lines": [ 49.850574, 49.557136, 49.599196, 49.166575 ] }, { "date": "2026-05-15", "close": 49.417995, "volume": 93428, "typical_volume": 87799.4, "trend": 48.525518, "fair_value": 42.487512, "relative_strength": -6.080037, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.325899, "energy": 24.696282, "activity_lines": [ 49.706929, 49.565581, 49.599742, 49.232111 ] }, { "date": "2026-05-22", "close": 50.50867, "volume": 55233, "typical_volume": 89361.35, "trend": 48.663027, "fair_value": 42.598749, "relative_strength": -4.657017, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.669966, "energy": 36.228044, "activity_lines": [ 49.934763, 49.778839, 49.696209, 49.360056 ] }, { "date": "2026-05-29", "close": 50.589866, "volume": 45742, "typical_volume": 87424.05, "trend": 48.81261, "fair_value": 42.707653, "relative_strength": -5.685661, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.480363, "energy": 37.242467, "activity_lines": [ 50.177451, 49.975661, 49.78656, 49.484368 ] }, { "date": "2026-06-05", "close": 51.07963, "volume": 79889, "typical_volume": 85958.55, "trend": 48.983005, "fair_value": 42.81743, "relative_strength": -2.21787, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.61628, "energy": 59.131509, "activity_lines": [ 50.514129, 50.221547, 49.915376, 49.630628 ] }, { "date": "2026-06-12", "close": 51.775468, "volume": 75373, "typical_volume": 86919.4, "trend": 49.17534, "fair_value": 42.927193, "relative_strength": -1.33371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.602246, "energy": 78.311591, "activity_lines": [ 51.02672, 50.545774, 50.099515, 49.810787 ] }, { "date": "2026-06-19", "close": 51.189483, "volume": 39226, "typical_volume": 86041.85, "trend": 49.365986, "fair_value": 43.038513, "relative_strength": -3.210255, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.77157, "energy": 72.928961, "activity_lines": [ 51.198439, 50.714475, 50.213397, 49.940731 ] }, { "date": "2026-06-26", "close": 51.7091, "volume": 128311, "typical_volume": 87232.05, "trend": 49.534998, "fair_value": 43.146413, "relative_strength": 0.19646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.649507, "energy": 76.067675, "activity_lines": [ 51.425264, 50.947603, 50.368114, 50.0919 ] }, { "date": "2026-07-03", "close": 52.32, "volume": 81098, "typical_volume": 86966.55, "trend": 49.720416, "fair_value": 43.260205, "relative_strength": -0.701905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.035121, "energy": 79.131859, "activity_lines": [ 51.775694, 51.266647, 50.577892, 50.271578 ] }, { "date": "2026-07-10", "close": 52.4322, "volume": 80102, "typical_volume": 85264.6, "trend": 49.880216, "fair_value": 43.369827, "relative_strength": -1.746469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.966129, "energy": 75.868901, "activity_lines": [ 52.048182, 51.555744, 50.791075, 50.446531 ] }, { "date": "2026-07-17", "close": 52.4948, "volume": 89029, "typical_volume": 82597.55, "trend": 50.058748, "fair_value": 43.475344, "relative_strength": -0.060538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.006541, "energy": 75.218713, "activity_lines": [ 52.251366, 51.816349, 51.003399, 50.615214 ] }, { "date": "2026-07-24", "close": 53.04, "volume": 49169, "typical_volume": 77405.75, "trend": 50.235152, "fair_value": 43.581339, "relative_strength": 1.555359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.881325, "energy": 82.598273, "activity_lines": [ 52.588327, 52.123309, 51.258482, 50.807553 ] }, { "date": "2026-07-31", "close": 52.9327, "volume": 53839, "typical_volume": 76470.05, "trend": 50.412895, "fair_value": 43.690346, "relative_strength": 0.247494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.597586, "energy": 75.163992, "activity_lines": [ 52.766153, 52.344905, 51.487802, 50.981588 ] }, { "date": "2026-08-07", "close": 53.8594, "volume": 59151, "typical_volume": 75293.45, "trend": 50.579136, "fair_value": 43.804819, "relative_strength": -1.45115, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.127134, "energy": 79.565154, "activity_lines": [ 53.171307, 52.690918, 51.785665, 51.203944 ] } ], "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." } } }