{ "ticker": { "uuid": "3e233cec-0a9c-47c3-867d-27eb07d205af", "symbol": "VUKE", "name": "Vanguard FTSE 100 UCITS ETF", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 83.455, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 79.513, "architecture_energy": 81.133, "architecture_maturity": 13.921, "architecture_confidence": 72.749, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 13.39, "rotation_up": 79.57, "upward_expansion": 93.38, "deceleration": 42.0, "rotation_down": 9.31, "downward_expansion": 17.71 }, "activity_lines": [ 46.808167, 46.301644, 45.71757, 45.461588 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 47.380001, "trend_reference": 45.16627, "distance_from_trend": 0.049013, "trend_direction": "Improving", "fair_value": 36.843294, "distance_from_fair_value": 0.285987, "fair_value_direction": "Improving", "relative_strength": 0.754452, "relative_strength_direction": "Improving", "price_momentum": 0.058814, "excess_performance": 0.007579, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.049013, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.02841, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.285987, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.045477, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.007545, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.004385, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.058814, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.189332, "read": "Demand-led" } ], "volume": { "latest": 1563198, "relative_activity": 1.135332, "balance": 2.189332, "dry_up": 1.370492, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.019077, "annualized_volatility": 0.14713, "from_high_reference": -0.005562, "from_low_reference": 0.21937 }, "levels": { "trend_reference": 45.16627, "fair_value_reference": 36.843294, "structural_low": 42.060001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 44, "median_return": 0.010088, "positive_rate": 0.659091, "directional_follow_through": 0.659091, "median_excess_return": 0.002622, "regime_survival": 0.75, "best_return": 0.072246, "worst_return": -0.081402, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.029502, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": 0.009023, "regime_survival": 0.533333, "best_return": 0.126943, "worst_return": -0.055191, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.068791, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.018258, "regime_survival": 0.625, "best_return": 0.160189, "worst_return": -0.046686, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.070127, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.037975, "regime_survival": 0.25, "best_return": 0.238378, "worst_return": 0.021658, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-10-13", "end": "2023-12-22", "tenure": "Developing", "return": 0.018025, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-29", "end": "2024-01-26", "tenure": "Developing", "return": -0.011907, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-02", "end": "2024-02-16", "tenure": "New", "return": 0.016168, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-06-14", "tenure": "Established", "return": 0.074453, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-08-16", "tenure": "Developing", "return": 0.014823, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-23", "end": "2024-11-01", "tenure": "Developing", "return": -0.015181, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-08", "end": "2025-01-17", "tenure": "Developing", "return": 0.057119, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2025-03-28", "tenure": "Developing", "return": 0.029873, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.084927, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-03-20", "tenure": "Extended", "return": 0.167956, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.059641, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": -0.015155, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-03", "tenure": "Developing", "return": 0.050441, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-10", "end": "2026-08-07", "tenure": "Developing", "return": 0.042063, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 28.903395, "volume": 546617, "typical_volume": 784486.05, "trend": 30.102236, "fair_value": 27.003926, "relative_strength": 2.021528, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -59.417015, "energy": 25.243586, "activity_lines": [ 29.652509, 29.658033, 29.831855, 29.944488 ] }, { "date": "2023-08-25", "close": 29.234421, "volume": 896346, "typical_volume": 796641.7, "trend": 30.073312, "fair_value": 27.054053, "relative_strength": 2.052582, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.613032, "energy": 40.15067, "activity_lines": [ 29.443011, 29.578142, 29.753668, 29.8885 ] }, { "date": "2023-09-01", "close": 29.764967, "volume": 860911, "typical_volume": 810372.15, "trend": 30.043867, "fair_value": 27.111219, "relative_strength": 2.084275, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.754274, "energy": 38.050991, "activity_lines": [ 29.477172, 29.611698, 29.731004, 29.868606 ] }, { "date": "2023-09-08", "close": 29.801245, "volume": 649291, "typical_volume": 812093.05, "trend": 30.017852, "fair_value": 27.163362, "relative_strength": 1.956239, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.150929, "energy": 32.67909, "activity_lines": [ 29.563934, 29.646656, 29.716871, 29.852953 ] }, { "date": "2023-09-15", "close": 30.73444, "volume": 1253463, "typical_volume": 846827.1, "trend": 30.007105, "fair_value": 27.221681, "relative_strength": 1.905268, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.770545, "energy": 6.668815, "activity_lines": [ 29.969621, 29.850708, 29.797304, 29.899185 ] }, { "date": "2023-09-22", "close": 30.605999, "volume": 635797, "typical_volume": 854220.75, "trend": 30.005102, "fair_value": 27.283305, "relative_strength": 1.779327, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.32918, "energy": 23.670498, "activity_lines": [ 30.275723, 29.993252, 29.866176, 29.937823 ] }, { "date": "2023-09-29", "close": 30.390402, "volume": 798326, "typical_volume": 860629.9, "trend": 29.984441, "fair_value": 27.342058, "relative_strength": 2.001489, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 14.136033, "energy": 27.639727, "activity_lines": [ 30.396452, 30.074131, 29.914197, 29.962681 ] }, { "date": "2023-10-06", "close": 29.904152, "volume": 1224338, "typical_volume": 884364.55, "trend": 29.972217, "fair_value": 27.395067, "relative_strength": 1.823897, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 12.160818, "energy": 24.886085, "activity_lines": [ 30.278033, 30.063805, 29.916233, 29.957501 ] }, { "date": "2023-10-13", "close": 30.35829, "volume": 841644, "typical_volume": 873056.95, "trend": 30.026859, "fair_value": 27.453012, "relative_strength": 1.875141, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.952656, "energy": 26.192724, "activity_lines": [ 30.301713, 30.144566, 29.964544, 29.982409 ] }, { "date": "2023-10-20", "close": 29.564693, "volume": 833833, "typical_volume": 859163.55, "trend": 30.044588, "fair_value": 27.507413, "relative_strength": 1.791753, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.718474, "energy": 8.271313, "activity_lines": [ 30.023726, 30.073052, 29.935659, 29.952592 ] }, { "date": "2023-10-27", "close": 29.101387, "volume": 919962, "typical_volume": 874797.85, "trend": 30.018928, "fair_value": 27.565116, "relative_strength": 1.653607, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -50.195167, "energy": 29.481657, "activity_lines": [ 29.669286, 29.923086, 29.864579, 29.89174 ] }, { "date": "2023-11-03", "close": 29.610569, "volume": 1589017, "typical_volume": 926658.35, "trend": 29.996492, "fair_value": 27.618542, "relative_strength": 1.607198, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.380205, "energy": 26.029922, "activity_lines": [ 29.58488, 29.862099, 29.845594, 29.865395 ] }, { "date": "2023-11-10", "close": 29.463779, "volume": 892140, "typical_volume": 935311.65, "trend": 29.950932, "fair_value": 27.661424, "relative_strength": 1.819333, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.803147, "energy": 34.966533, "activity_lines": [ 29.503534, 29.767583, 29.815286, 29.831026 ] }, { "date": "2023-11-17", "close": 30.064707, "volume": 3894082, "typical_volume": 1092696.5, "trend": 29.919873, "fair_value": 27.707321, "relative_strength": 1.836611, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -28.167324, "energy": 24.340152, "activity_lines": [ 29.651855, 29.787804, 29.842283, 29.838366 ] }, { "date": "2023-11-24", "close": 30.028006, "volume": 1017782, "typical_volume": 1059759.0, "trend": 29.891626, "fair_value": 27.752173, "relative_strength": 1.861462, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -15.307819, "energy": 6.579432, "activity_lines": [ 29.807515, 29.796561, 29.864379, 29.845343 ] }, { "date": "2023-12-01", "close": 30.197737, "volume": 782321, "typical_volume": 1078926.95, "trend": 29.880245, "fair_value": 27.794127, "relative_strength": 1.806132, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.663069, "energy": 10.545225, "activity_lines": [ 29.988864, 29.849022, 29.896011, 29.865092 ] }, { "date": "2023-12-08", "close": 30.284889, "volume": 752880, "typical_volume": 1035964.55, "trend": 29.874459, "fair_value": 27.836757, "relative_strength": 1.69328, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.170619, "energy": 28.341296, "activity_lines": [ 30.126174, 29.924753, 29.932003, 29.891198 ] }, { "date": "2023-12-15", "close": 30.379087, "volume": 1349237, "typical_volume": 1056396.15, "trend": 29.869122, "fair_value": 27.880265, "relative_strength": 1.648574, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.981656, "energy": 43.79918, "activity_lines": [ 30.249928, 30.019528, 29.976737, 29.923755 ] }, { "date": "2023-12-22", "close": 30.905493, "volume": 790597, "typical_volume": 1058427.7, "trend": 29.898668, "fair_value": 27.927369, "relative_strength": 1.71353, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.337283, "energy": 62.370954, "activity_lines": [ 30.488131, 30.201379, 30.071574, 29.990617 ] }, { "date": "2023-12-29", "close": 31.025551, "volume": 829205, "typical_volume": 1067889.45, "trend": 29.933859, "fair_value": 27.97632, "relative_strength": 1.576637, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.087359, "energy": 68.429531, "activity_lines": [ 30.7103, 30.395109, 30.173147, 30.063319 ] }, { "date": "2024-01-05", "close": 30.845463, "volume": 702223, "typical_volume": 1075669.75, "trend": 29.966783, "fair_value": 28.014808, "relative_strength": 1.493131, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.262356, "energy": 67.490545, "activity_lines": [ 30.805937, 30.529535, 30.252129, 30.122132 ] }, { "date": "2024-01-12", "close": 30.596115, "volume": 778359, "typical_volume": 1069770.4, "trend": 29.981036, "fair_value": 28.054901, "relative_strength": 1.461024, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.942546, "energy": 62.540018, "activity_lines": [ 30.775277, 30.586915, 30.298114, 30.162734 ] }, { "date": "2024-01-19", "close": 29.958887, "volume": 1026335, "typical_volume": 1078041.6, "trend": 29.997022, "fair_value": 28.09196, "relative_strength": 1.450456, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.907238, "energy": 28.905341, "activity_lines": [ 30.511459, 30.510515, 30.276928, 30.161306 ] }, { "date": "2024-01-26", "close": 30.656143, "volume": 1110482, "typical_volume": 1101101.15, "trend": 30.026577, "fair_value": 28.139961, "relative_strength": 1.388359, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.512871, "energy": 23.102885, "activity_lines": [ 30.508072, 30.551888, 30.321223, 30.203829 ] }, { "date": "2024-02-02", "close": 30.559174, "volume": 1184607, "typical_volume": 1097658.35, "trend": 30.090687, "fair_value": 28.185266, "relative_strength": 1.261829, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.886145, "energy": 18.356829, "activity_lines": [ 30.488986, 30.564877, 30.352212, 30.238191 ] }, { "date": "2024-02-09", "close": 30.392939, "volume": 947841, "typical_volume": 1113260.55, "trend": 30.12477, "fair_value": 28.227299, "relative_strength": 1.215788, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.291663, "energy": 18.317546, "activity_lines": [ 30.445581, 30.537983, 30.368203, 30.257691 ] }, { "date": "2024-02-16", "close": 31.053257, "volume": 1268961, "typical_volume": 1136792.3, "trend": 30.151993, "fair_value": 28.272358, "relative_strength": 1.477211, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.366111, "energy": 33.794496, "activity_lines": [ 30.652449, 30.627598, 30.448097, 30.317593 ] }, { "date": "2024-02-23", "close": 31.053257, "volume": 774348, "typical_volume": 1114292.8, "trend": 30.174682, "fair_value": 28.320751, "relative_strength": 1.480791, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.918187, "energy": 44.136309, "activity_lines": [ 30.828841, 30.703243, 30.524834, 30.375739 ] }, { "date": "2024-03-01", "close": 30.993227, "volume": 1184339, "typical_volume": 1131427.55, "trend": 30.210484, "fair_value": 28.364992, "relative_strength": 1.533389, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.735677, "energy": 49.096922, "activity_lines": [ 30.912266, 30.755715, 30.590382, 30.428548 ] }, { "date": "2024-03-08", "close": 31.007078, "volume": 1282922, "typical_volume": 1153882.0, "trend": 30.247958, "fair_value": 28.406052, "relative_strength": 1.811469, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.754719, "energy": 54.073894, "activity_lines": [ 30.977835, 30.809111, 30.654226, 30.479942 ] }, { "date": "2024-03-15", "close": 31.298172, "volume": 850802, "typical_volume": 1150424.0, "trend": 30.327784, "fair_value": 28.450099, "relative_strength": 1.800382, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.3269, "energy": 59.655525, "activity_lines": [ 31.110575, 30.915769, 30.738925, 30.547697 ] }, { "date": "2024-03-22", "close": 32.158012, "volume": 2314002, "typical_volume": 1186673.25, "trend": 30.425237, "fair_value": 28.498463, "relative_strength": 1.847097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.350079, "energy": 75.888078, "activity_lines": [ 31.46958, 31.17053, 30.895052, 30.665777 ] }, { "date": "2024-03-29", "close": 32.260265, "volume": 2540413, "typical_volume": 1269086.9, "trend": 30.508414, "fair_value": 28.547482, "relative_strength": 1.822074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.687301, "energy": 82.504773, "activity_lines": [ 31.789018, 31.415485, 31.048787, 30.784165 ] }, { "date": "2024-04-05", "close": 32.097595, "volume": 761511, "typical_volume": 1112458.35, "trend": 30.584959, "fair_value": 28.591185, "relative_strength": 1.76736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.019187, "energy": 81.609161, "activity_lines": [ 31.973766, 31.58902, 31.173713, 30.886693 ] }, { "date": "2024-04-12", "close": 32.488007, "volume": 1151084, "typical_volume": 1119123.45, "trend": 30.643411, "fair_value": 28.634947, "relative_strength": 1.845815, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.001851, "energy": 85.976297, "activity_lines": [ 32.215027, 31.807331, 31.32614, 31.009471 ] }, { "date": "2024-04-19", "close": 32.102238, "volume": 1312862, "typical_volume": 1145650.5, "trend": 30.693286, "fair_value": 28.677962, "relative_strength": 1.834023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.730515, "energy": 75.51762, "activity_lines": [ 32.22897, 31.920432, 31.430114, 31.103588 ] }, { "date": "2024-04-26", "close": 33.115463, "volume": 732344, "typical_volume": 1144623.7, "trend": 30.784121, "fair_value": 28.726676, "relative_strength": 1.829158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.865074, "energy": 80.728955, "activity_lines": [ 32.52705, 32.186678, 31.621516, 31.259858 ] }, { "date": "2024-05-03", "close": 33.464043, "volume": 477025, "typical_volume": 1101013.1, "trend": 30.902784, "fair_value": 28.773775, "relative_strength": 1.905041, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.216245, "energy": 85.761073, "activity_lines": [ 32.877493, 32.478807, 31.832637, 31.432756 ] }, { "date": "2024-05-10", "close": 34.375004, "volume": 873545, "typical_volume": 1105160.5, "trend": 31.036675, "fair_value": 28.828466, "relative_strength": 1.872226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.317391, "energy": 93.09242, "activity_lines": [ 33.451338, 32.892733, 32.115826, 31.65677 ] }, { "date": "2024-05-17", "close": 34.421486, "volume": 1205372, "typical_volume": 1123968.85, "trend": 31.198568, "fair_value": 28.883932, "relative_strength": 2.099482, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.852702, "energy": 94.345477, "activity_lines": [ 33.888849, 33.253624, 32.38692, 31.875145 ] }, { "date": "2024-05-24", "close": 33.989239, "volume": 955747, "typical_volume": 1136645.05, "trend": 31.361496, "fair_value": 28.936283, "relative_strength": 1.988412, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.852951, "energy": 87.125222, "activity_lines": [ 34.05338, 33.473844, 32.600677, 32.055189 ] }, { "date": "2024-05-31", "close": 33.8498, "volume": 1126728, "typical_volume": 1154063.5, "trend": 31.502804, "fair_value": 28.986677, "relative_strength": 2.014116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.392099, "energy": 80.67953, "activity_lines": [ 34.045631, 33.619783, 32.786184, 32.215724 ] }, { "date": "2024-06-07", "close": 33.752205, "volume": 1566461, "typical_volume": 1181069.8, "trend": 31.645751, "fair_value": 29.035278, "relative_strength": 2.019006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.664588, "energy": 62.867004, "activity_lines": [ 33.956395, 33.717218, 32.946902, 32.360847 ] }, { "date": "2024-06-14", "close": 33.36528, "volume": 1031852, "typical_volume": 1177138.3, "trend": 31.75577, "fair_value": 29.084149, "relative_strength": 1.996423, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.799992, "energy": 50.579359, "activity_lines": [ 33.718972, 33.717176, 33.052707, 32.471784 ] }, { "date": "2024-06-21", "close": 33.757095, "volume": 1700075, "typical_volume": 1202911.7, "trend": 31.880073, "fair_value": 29.132716, "relative_strength": 1.984809, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.413858, "energy": 42.223121, "activity_lines": [ 33.67947, 33.765325, 33.182927, 32.600902 ] }, { "date": "2024-06-28", "close": 33.497456, "volume": 1637473, "typical_volume": 1237393.3, "trend": 31.990064, "fair_value": 29.179807, "relative_strength": 2.039308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.137305, "energy": 34.521783, "activity_lines": [ 33.597714, 33.743193, 33.273191, 32.705249 ] }, { "date": "2024-07-05", "close": 33.643791, "volume": 1203839, "typical_volume": 1234137.2, "trend": 32.102027, "fair_value": 29.227675, "relative_strength": 1.912362, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.389927, "energy": 30.624362, "activity_lines": [ 33.597522, 33.722299, 33.362608, 32.811941 ] }, { "date": "2024-07-12", "close": 33.842064, "volume": 1420495, "typical_volume": 1266444.55, "trend": 32.21746, "fair_value": 29.279333, "relative_strength": 1.831256, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.440546, "energy": 34.614196, "activity_lines": [ 33.677155, 33.727849, 33.458573, 32.924202 ] }, { "date": "2024-07-19", "close": 33.407764, "volume": 1349812, "typical_volume": 1274718.2, "trend": 32.300869, "fair_value": 29.327833, "relative_strength": 1.649284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.538657, "energy": 27.733301, "activity_lines": [ 33.60603, 33.647562, 33.499895, 33.000996 ] }, { "date": "2024-07-26", "close": 33.988407, "volume": 1230758, "typical_volume": 1272110.0, "trend": 32.399631, "fair_value": 29.379759, "relative_strength": 1.718369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.941161, "energy": 37.262687, "activity_lines": [ 33.725621, 33.690432, 33.58502, 33.109869 ] }, { "date": "2024-08-02", "close": 33.495102, "volume": 1198005, "typical_volume": 1289470.15, "trend": 32.487952, "fair_value": 29.426326, "relative_strength": 1.534343, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.847913, "energy": 28.958401, "activity_lines": [ 33.665357, 33.651485, 33.608966, 33.180545 ] }, { "date": "2024-08-09", "close": 33.610748, "volume": 1608009, "typical_volume": 1254170.5, "trend": 32.58844, "fair_value": 29.470873, "relative_strength": 1.897639, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.135429, "energy": 22.508189, "activity_lines": [ 33.643797, 33.642549, 33.633464, 33.252983 ] }, { "date": "2024-08-16", "close": 34.257473, "volume": 1409065, "typical_volume": 1197603.1, "trend": 32.731726, "fair_value": 29.521978, "relative_strength": 1.998736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.562836, "energy": 32.139159, "activity_lines": [ 33.840016, 33.755546, 33.712637, 33.360663 ] }, { "date": "2024-08-23", "close": 34.342445, "volume": 4461563, "typical_volume": 1382605.7, "trend": 32.854603, "fair_value": 29.572233, "relative_strength": 1.982341, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.994212, "energy": 34.20474, "activity_lines": [ 34.036865, 33.874806, 33.790393, 33.46458 ] }, { "date": "2024-08-30", "close": 34.57848, "volume": 1079700, "typical_volume": 1379036.5, "trend": 32.98858, "fair_value": 29.623948, "relative_strength": 2.016917, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.661059, "energy": 45.638264, "activity_lines": [ 34.25008, 34.019214, 33.879938, 33.575798 ] }, { "date": "2024-09-06", "close": 33.785416, "volume": 678452, "typical_volume": 1347316.0, "trend": 33.101662, "fair_value": 29.673046, "relative_strength": 1.984092, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.76589, "energy": 41.66692, "activity_lines": [ 34.159602, 34.004494, 33.883998, 33.627207 ] }, { "date": "2024-09-13", "close": 34.202324, "volume": 4168710, "typical_volume": 1519134.3, "trend": 33.206631, "fair_value": 29.726587, "relative_strength": 2.02747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.321481, "energy": 34.543797, "activity_lines": [ 34.188739, 34.060341, 33.91975, 33.698217 ] }, { "date": "2024-09-20", "close": 34.049828, "volume": 3274339, "typical_volume": 1659000.0, "trend": 33.306517, "fair_value": 29.777028, "relative_strength": 2.029846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.322386, "energy": 27.108832, "activity_lines": [ 34.127606, 34.078305, 33.935802, 33.752617 ] }, { "date": "2024-09-27", "close": 34.431072, "volume": 1750586, "typical_volume": 1702852.05, "trend": 33.421112, "fair_value": 29.830458, "relative_strength": 1.976996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.873858, "energy": 27.012785, "activity_lines": [ 34.207397, 34.16181, 33.985373, 33.825169 ] }, { "date": "2024-10-04", "close": 34.29287, "volume": 1752331, "typical_volume": 1730200.0, "trend": 33.530638, "fair_value": 29.881314, "relative_strength": 1.987648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.138513, "energy": 27.361595, "activity_lines": [ 34.235212, 34.201581, 34.021516, 33.881411 ] }, { "date": "2024-10-11", "close": 34.183266, "volume": 1754346, "typical_volume": 1770129.95, "trend": 33.626808, "fair_value": 29.928067, "relative_strength": 1.922125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.380514, "energy": 24.901716, "activity_lines": [ 34.245534, 34.215888, 34.047832, 33.923516 ] }, { "date": "2024-10-18", "close": 34.616928, "volume": 1849250, "typical_volume": 1806256.05, "trend": 33.708772, "fair_value": 29.978362, "relative_strength": 1.852353, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.542971, "energy": 30.785018, "activity_lines": [ 34.373886, 34.296531, 34.114526, 33.987395 ] }, { "date": "2024-10-25", "close": 34.14991, "volume": 1808639, "typical_volume": 1818364.95, "trend": 33.77176, "fair_value": 30.024683, "relative_strength": 1.740508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.704352, "energy": 24.161507, "activity_lines": [ 34.318925, 34.273967, 34.133089, 34.015855 ] }, { "date": "2024-11-01", "close": 33.821083, "volume": 2176119, "typical_volume": 1875578.3, "trend": 33.82921, "fair_value": 30.067264, "relative_strength": 1.573925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.940905, "energy": 12.358045, "activity_lines": [ 34.147683, 34.193572, 34.118441, 34.019038 ] }, { "date": "2024-11-08", "close": 33.463665, "volume": 1720383, "typical_volume": 1876593.7, "trend": 33.861731, "fair_value": 30.106247, "relative_strength": 1.736768, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.678758, "energy": 6.771002, "activity_lines": [ 33.897967, 34.057672, 34.067583, 33.995454 ] }, { "date": "2024-11-15", "close": 33.477962, "volume": 923786, "typical_volume": 1840909.35, "trend": 33.907589, "fair_value": 30.148044, "relative_strength": 1.82143, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.499286, "energy": 23.97194, "activity_lines": [ 33.708298, 33.94464, 34.019483, 33.970695 ] }, { "date": "2024-11-22", "close": 34.354816, "volume": 1451377, "typical_volume": 1853286.25, "trend": 33.948901, "fair_value": 30.199515, "relative_strength": 1.906799, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.864898, "energy": 11.471866, "activity_lines": [ 33.857933, 33.996627, 34.054987, 33.999548 ] }, { "date": "2024-11-29", "close": 34.464432, "volume": 1194727, "typical_volume": 1841997.85, "trend": 33.982247, "fair_value": 30.249648, "relative_strength": 1.850011, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 27.32589, "energy": 12.71248, "activity_lines": [ 34.061582, 34.065771, 34.097544, 34.032808 ] }, { "date": "2024-12-06", "close": 34.550209, "volume": 1029792, "typical_volume": 1825996.85, "trend": 33.988087, "fair_value": 30.296386, "relative_strength": 1.770086, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.354552, "energy": 26.567521, "activity_lines": [ 34.272854, 34.142972, 34.145307, 34.069451 ] }, { "date": "2024-12-13", "close": 34.507492, "volume": 1198496, "typical_volume": 1824383.75, "trend": 33.990954, "fair_value": 30.343711, "relative_strength": 1.67523, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 52.377346, "energy": 36.007277, "activity_lines": [ 34.421279, 34.210241, 34.183561, 34.102961 ] }, { "date": "2024-12-20", "close": 33.639889, "volume": 1010171, "typical_volume": 1814992.05, "trend": 33.979309, "fair_value": 30.383123, "relative_strength": 1.693568, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.516691, "energy": 15.227395, "activity_lines": [ 34.210915, 34.115861, 34.136715, 34.080312 ] }, { "date": "2024-12-27", "close": 33.893936, "volume": 457431, "typical_volume": 1757463.15, "trend": 33.98078, "fair_value": 30.423945, "relative_strength": 1.57173, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.616459, "energy": 6.463476, "activity_lines": [ 34.074437, 34.077552, 34.113374, 34.074804 ] }, { "date": "2025-01-03", "close": 34.258236, "volume": 658230, "typical_volume": 1719921.4, "trend": 33.997648, "fair_value": 30.464695, "relative_strength": 1.663491, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.958238, "energy": 10.886021, "activity_lines": [ 34.090119, 34.118624, 34.12338, 34.092704 ] }, { "date": "2025-01-10", "close": 34.320545, "volume": 1410301, "typical_volume": 1567358.3, "trend": 34.02949, "fair_value": 30.504423, "relative_strength": 1.475319, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.553657, "energy": 16.038387, "activity_lines": [ 34.140316, 34.169055, 34.139316, 34.113536 ] }, { "date": "2025-01-17", "close": 35.375092, "volume": 1395653, "typical_volume": 1583155.95, "trend": 34.083423, "fair_value": 30.552059, "relative_strength": 1.367891, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.484826, "energy": 48.053174, "activity_lines": [ 34.557341, 34.402142, 34.25579, 34.200349 ] }, { "date": "2025-01-24", "close": 35.365505, "volume": 700229, "typical_volume": 1584244.8, "trend": 34.145692, "fair_value": 30.600235, "relative_strength": 1.305269, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.893506, "energy": 66.200019, "activity_lines": [ 34.913329, 34.598731, 34.367557, 34.283064 ] }, { "date": "2025-01-31", "close": 36.118061, "volume": 680280, "typical_volume": 1409823.3, "trend": 34.228167, "fair_value": 30.651813, "relative_strength": 1.34243, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.560305, "energy": 81.354458, "activity_lines": [ 35.405128, 34.897831, 34.543472, 34.410314 ] }, { "date": "2025-02-07", "close": 36.233109, "volume": 778957, "typical_volume": 1285054.2, "trend": 34.307869, "fair_value": 30.700765, "relative_strength": 1.284032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.043761, "energy": 84.267531, "activity_lines": [ 35.787002, 35.185789, 34.721221, 34.539665 ] }, { "date": "2025-02-14", "close": 36.372112, "volume": 1028100, "typical_volume": 1248929.9, "trend": 34.40668, "fair_value": 30.753726, "relative_strength": 1.2345, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.630478, "energy": 85.33276, "activity_lines": [ 36.083552, 35.466862, 34.901813, 34.672842 ] }, { "date": "2025-02-21", "close": 36.158806, "volume": 940630, "typical_volume": 1208344.85, "trend": 34.479027, "fair_value": 30.805183, "relative_strength": 1.421132, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.583772, "energy": 81.681119, "activity_lines": [ 36.172229, 35.676027, 35.052846, 34.785882 ] }, { "date": "2025-02-28", "close": 36.813107, "volume": 843276, "typical_volume": 1162791.35, "trend": 34.589627, "fair_value": 30.872839, "relative_strength": 1.426313, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.630959, "energy": 81.94015, "activity_lines": [ 36.426758, 35.974132, 35.257308, 34.936468 ] }, { "date": "2025-03-07", "close": 36.415253, "volume": 726304, "typical_volume": 1106644.05, "trend": 34.683111, "fair_value": 30.933187, "relative_strength": 1.760548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.67992, "energy": 60.685331, "activity_lines": [ 36.452163, 36.142206, 35.411357, 35.05425 ] }, { "date": "2025-03-14", "close": 36.233109, "volume": 934130, "typical_volume": 1062918.6, "trend": 34.748965, "fair_value": 30.985883, "relative_strength": 1.740071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.338845, "energy": 50.079403, "activity_lines": [ 36.39704, 36.231319, 35.539495, 35.15425 ] }, { "date": "2025-03-21", "close": 36.320385, "volume": 1260853, "typical_volume": 1017155.3, "trend": 34.814897, "fair_value": 31.037212, "relative_strength": 1.74503, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.423979, "energy": 47.955389, "activity_lines": [ 36.371009, 36.300395, 35.666025, 35.255632 ] }, { "date": "2025-03-28", "close": 36.421986, "volume": 1397589, "typical_volume": 1001015.6, "trend": 34.876347, "fair_value": 31.087954, "relative_strength": 1.816046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.185321, "energy": 42.394189, "activity_lines": [ 36.382294, 36.351583, 35.790329, 35.359315 ] }, { "date": "2025-04-04", "close": 33.896442, "volume": 1247800, "typical_volume": 1017216.3, "trend": 34.880048, "fair_value": 31.11915, "relative_strength": 1.788563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.629406, "energy": 12.82394, "activity_lines": [ 35.534185, 35.924546, 35.660019, 35.296095 ] }, { "date": "2025-04-11", "close": 33.635181, "volume": 3324067, "typical_volume": 1110850.8, "trend": 34.861143, "fair_value": 31.149827, "relative_strength": 2.079558, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -32.051273, "energy": 30.745492, "activity_lines": [ 34.793434, 35.476718, 35.502834, 35.215781 ] }, { "date": "2025-04-18", "close": 34.99955, "volume": 1249848, "typical_volume": 1113606.85, "trend": 34.8928, "fair_value": 31.191341, "relative_strength": 2.144489, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -14.519466, "energy": 27.690307, "activity_lines": [ 34.69281, 35.3221, 35.479015, 35.224711 ] }, { "date": "2025-04-25", "close": 35.614006, "volume": 756426, "typical_volume": 1099938.55, "trend": 34.932231, "fair_value": 31.235914, "relative_strength": 2.135884, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.161104, "energy": 24.575039, "activity_lines": [ 34.879243, 35.301629, 35.511168, 35.27124 ] }, { "date": "2025-05-02", "close": 36.301033, "volume": 890783, "typical_volume": 1084552.9, "trend": 34.99917, "fair_value": 31.288825, "relative_strength": 1.84276, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.205012, "energy": 16.711545, "activity_lines": [ 35.341776, 35.419857, 35.603686, 35.35955 ] }, { "date": "2025-05-09", "close": 36.199432, "volume": 835338, "typical_volume": 1075811.25, "trend": 35.066376, "fair_value": 31.340232, "relative_strength": 1.977976, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.629211, "energy": 27.607353, "activity_lines": [ 35.778506, 35.517025, 35.677988, 35.436986 ] }, { "date": "2025-05-16", "close": 36.775181, "volume": 1958289, "typical_volume": 1150854.15, "trend": 35.138317, "fair_value": 31.395742, "relative_strength": 1.98223, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 54.545189, "energy": 40.274501, "activity_lines": [ 36.25362, 35.730033, 35.794934, 35.547232 ] }, { "date": "2025-05-23", "close": 36.910645, "volume": 1045697, "typical_volume": 1170227.5, "trend": 35.230342, "fair_value": 31.44714, "relative_strength": 1.896164, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.485977, "energy": 57.791064, "activity_lines": [ 36.564554, 35.961127, 35.911062, 35.661576 ] }, { "date": "2025-05-30", "close": 37.205776, "volume": 880758, "typical_volume": 1143750.35, "trend": 35.343165, "fair_value": 31.501586, "relative_strength": 2.002765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.311606, "energy": 69.225904, "activity_lines": [ 36.84646, 36.233561, 36.042666, 35.789023 ] }, { "date": "2025-06-06", "close": 37.496071, "volume": 1773626, "typical_volume": 1162649.0, "trend": 35.477579, "fair_value": 31.563259, "relative_strength": 1.966409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.989763, "energy": 72.99793, "activity_lines": [ 37.119013, 36.542679, 36.188179, 35.92792 ] }, { "date": "2025-06-13", "close": 37.537193, "volume": 980930, "typical_volume": 1176684.05, "trend": 35.612886, "fair_value": 31.632959, "relative_strength": 1.863153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.621004, "energy": 71.875272, "activity_lines": [ 37.325603, 36.839745, 36.327508, 36.060798 ] }, { "date": "2025-06-20", "close": 37.277042, "volume": 919414, "typical_volume": 1188640.75, "trend": 35.710294, "fair_value": 31.696012, "relative_strength": 1.96137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.488233, "energy": 57.754426, "activity_lines": [ 37.356293, 37.023315, 36.431719, 36.168163 ] }, { "date": "2025-06-27", "close": 37.352818, "volume": 874887, "typical_volume": 1193437.25, "trend": 35.806573, "fair_value": 31.760446, "relative_strength": 1.820829, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.99016, "energy": 44.658776, "activity_lines": [ 37.378784, 37.154447, 36.537629, 36.274133 ] }, { "date": "2025-07-04", "close": 37.487259, "volume": 950094, "typical_volume": 1189536.95, "trend": 35.904475, "fair_value": 31.82493, "relative_strength": 1.839857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.049725, "energy": 40.898228, "activity_lines": [ 37.41661, 37.267236, 36.65101, 36.382564 ] }, { "date": "2025-07-11", "close": 37.961472, "volume": 980784, "typical_volume": 1191544.65, "trend": 36.019608, "fair_value": 31.893154, "relative_strength": 1.696783, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.766485, "energy": 46.254803, "activity_lines": [ 37.593742, 37.432186, 36.804244, 36.515273 ] }, { "date": "2025-07-18", "close": 38.171688, "volume": 639069, "typical_volume": 1181334.3, "trend": 36.170668, "fair_value": 31.9599, "relative_strength": 1.610323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.040608, "energy": 59.467428, "activity_lines": [ 37.809919, 37.605168, 36.968915, 36.654117 ] }, { "date": "2025-07-25", "close": 38.748569, "volume": 917010, "typical_volume": 1190869.6, "trend": 36.332489, "fair_value": 32.026539, "relative_strength": 1.627503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.963044, "energy": 74.794276, "activity_lines": [ 38.17609, 37.847178, 37.182057, 36.820434 ] }, { "date": "2025-08-01", "close": 38.611687, "volume": 698079, "typical_volume": 1179067.05, "trend": 36.477604, "fair_value": 32.091629, "relative_strength": 1.770775, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.883204, "energy": 77.546963, "activity_lines": [ 38.398532, 38.02842, 37.371052, 36.967479 ] }, { "date": "2025-08-08", "close": 38.797455, "volume": 883261, "typical_volume": 1160187.45, "trend": 36.626834, "fair_value": 32.155813, "relative_strength": 1.885201, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.102224, "energy": 77.889813, "activity_lines": [ 38.598972, 38.212511, 37.566412, 37.117146 ] }, { "date": "2025-08-15", "close": 39.125004, "volume": 956847, "typical_volume": 1138150.35, "trend": 36.751831, "fair_value": 32.220837, "relative_strength": 2.184865, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.188411, "energy": 78.632192, "activity_lines": [ 38.821248, 38.427216, 37.781172, 37.278319 ] }, { "date": "2025-08-22", "close": 39.87788, "volume": 649397, "typical_volume": 1108230.2, "trend": 36.902244, "fair_value": 32.293037, "relative_strength": 2.039801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.674002, "energy": 83.020507, "activity_lines": [ 39.216915, 38.749191, 38.054763, 37.479999 ] }, { "date": "2025-08-29", "close": 39.432999, "volume": 684464, "typical_volume": 976250.05, "trend": 37.012742, "fair_value": 32.365994, "relative_strength": 2.297208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.465851, "energy": 73.512276, "activity_lines": [ 39.350542, 38.94772, 38.257501, 37.643274 ] }, { "date": "2025-09-05", "close": 39.491665, "volume": 956302, "typical_volume": 961572.75, "trend": 37.12136, "fair_value": 32.43748, "relative_strength": 2.142305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.73326, "energy": 65.923361, "activity_lines": [ 39.458095, 39.117717, 38.438218, 37.803204 ] }, { "date": "2025-09-12", "close": 39.833881, "volume": 971039, "typical_volume": 972303.4, "trend": 37.236753, "fair_value": 32.513843, "relative_strength": 2.120637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.059384, "energy": 60.849064, "activity_lines": [ 39.621055, 39.311046, 38.630136, 37.978206 ] }, { "date": "2025-09-19", "close": 39.465839, "volume": 1044118, "typical_volume": 979970.15, "trend": 37.346987, "fair_value": 32.593311, "relative_strength": 1.840754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.923588, "energy": 55.129959, "activity_lines": [ 39.592239, 39.394793, 38.766907, 38.122018 ] }, { "date": "2025-09-26", "close": 39.786499, "volume": 943413, "typical_volume": 985373.9, "trend": 37.4461, "fair_value": 32.677807, "relative_strength": 1.846633, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.13121, "energy": 54.085133, "activity_lines": [ 39.647588, 39.50949, 38.919147, 38.279406 ] }, { "date": "2025-10-03", "close": 40.682472, "volume": 1152904, "typical_volume": 945104.65, "trend": 37.588341, "fair_value": 32.765654, "relative_strength": 1.806973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.179931, "energy": 79.97749, "activity_lines": [ 40.007687, 39.757731, 39.139637, 38.488204 ] }, { "date": "2025-10-10", "close": 40.496883, "volume": 994355, "typical_volume": 942537.55, "trend": 37.730466, "fair_value": 32.855497, "relative_strength": 1.956629, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.150386, "energy": 80.538932, "activity_lines": [ 40.222624, 39.937066, 39.323845, 38.675852 ] }, { "date": "2025-10-17", "close": 40.176228, "volume": 856299, "typical_volume": 941314.6, "trend": 37.858995, "fair_value": 32.940623, "relative_strength": 1.866365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.27645, "energy": 68.969734, "activity_lines": [ 40.263662, 40.023825, 39.460438, 38.833643 ] }, { "date": "2025-10-24", "close": 41.128338, "volume": 1164728, "typical_volume": 910869.7, "trend": 38.015873, "fair_value": 33.029898, "relative_strength": 1.077221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.639769, "energy": 83.605388, "activity_lines": [ 40.599246, 40.258625, 39.673562, 39.044568 ] }, { "date": "2025-10-31", "close": 41.720325, "volume": 1284845, "typical_volume": 926065.45, "trend": 38.276669, "fair_value": 33.115551, "relative_strength": 1.702579, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.627786, "energy": 77.589818, "activity_lines": [ 41.021327, 40.564635, 39.92577, 39.283565 ] }, { "date": "2025-11-07", "close": 41.552597, "volume": 1443780, "typical_volume": 952283.75, "trend": 38.540583, "fair_value": 33.200582, "relative_strength": 1.589138, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.398111, "energy": 68.404009, "activity_lines": [ 41.258576, 40.806651, 40.142084, 39.494915 ] }, { "date": "2025-11-14", "close": 41.73019, "volume": 1578044, "typical_volume": 987441.6, "trend": 38.764938, "fair_value": 33.285052, "relative_strength": 1.787112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.459712, "energy": 74.222793, "activity_lines": [ 41.497014, 41.042418, 40.354952, 39.700696 ] }, { "date": "2025-11-21", "close": 41.05434, "volume": 1278309, "typical_volume": 1003852.35, "trend": 38.946282, "fair_value": 33.362473, "relative_strength": 1.737183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.269121, "energy": 59.389294, "activity_lines": [ 41.427949, 41.114602, 40.482608, 39.8484 ] }, { "date": "2025-11-28", "close": 41.80912, "volume": 1718626, "typical_volume": 1040744.45, "trend": 39.129885, "fair_value": 33.443089, "relative_strength": 1.614731, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.266393, "energy": 58.47897, "activity_lines": [ 41.551937, 41.301829, 40.665163, 40.033099 ] }, { "date": "2025-12-05", "close": 41.715389, "volume": 1120200, "typical_volume": 1064801.0, "trend": 39.31375, "fair_value": 33.524874, "relative_strength": 1.875421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.863227, "energy": 54.913472, "activity_lines": [ 41.599295, 41.429409, 40.820468, 40.199906 ] }, { "date": "2025-12-12", "close": 41.636459, "volume": 505131, "typical_volume": 1044207.05, "trend": 39.475793, "fair_value": 33.609586, "relative_strength": 1.799451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.371862, "energy": 49.36892, "activity_lines": [ 41.620672, 41.507567, 40.951381, 40.349758 ] }, { "date": "2025-12-19", "close": 42.684853, "volume": 1020387, "typical_volume": 1060322.45, "trend": 39.668266, "fair_value": 33.697589, "relative_strength": 1.673485, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.45215, "energy": 61.361106, "activity_lines": [ 41.985923, 41.758998, 41.16839, 40.556794 ] }, { "date": "2025-12-26", "close": 42.595573, "volume": 454704, "typical_volume": 1038894.6, "trend": 39.847926, "fair_value": 33.784848, "relative_strength": 1.663149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.980214, "energy": 63.32986, "activity_lines": [ 42.25777, 41.954414, 41.3575, 40.745652 ] }, { "date": "2026-01-02", "close": 42.992367, "volume": 793852, "typical_volume": 1030744.85, "trend": 40.031136, "fair_value": 33.8691, "relative_strength": 1.709851, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.869231, "energy": 76.158536, "activity_lines": [ 42.559133, 42.177986, 41.566313, 40.94852 ] }, { "date": "2026-01-09", "close": 43.711552, "volume": 712708, "typical_volume": 1033910.4, "trend": 40.236948, "fair_value": 33.954248, "relative_strength": 1.567188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.376119, "energy": 89.032427, "activity_lines": [ 43.021341, 42.498428, 41.825204, 41.185966 ] }, { "date": "2026-01-16", "close": 44.165382, "volume": 787027, "typical_volume": 1039038.55, "trend": 40.466559, "fair_value": 34.044197, "relative_strength": 1.4403, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.575648, "energy": 91.648376, "activity_lines": [ 43.501748, 42.865181, 42.109062, 41.439413 ] }, { "date": "2026-01-23", "close": 43.795872, "volume": 1202831, "typical_volume": 1051365.0, "trend": 40.681328, "fair_value": 34.131978, "relative_strength": 1.430418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.896297, "energy": 86.407839, "activity_lines": [ 43.69039, 43.117244, 42.335193, 41.654207 ] }, { "date": "2026-01-30", "close": 44.103382, "volume": 1311614, "typical_volume": 1068393.75, "trend": 40.901865, "fair_value": 34.218228, "relative_strength": 1.273715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.749029, "energy": 86.681414, "activity_lines": [ 43.907468, 43.387661, 42.570114, 41.874985 ] }, { "date": "2026-02-06", "close": 44.748169, "volume": 1278745, "typical_volume": 1080125.1, "trend": 41.128089, "fair_value": 34.309039, "relative_strength": 1.235742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.054888, "energy": 83.447649, "activity_lines": [ 44.238954, 43.719874, 42.846113, 42.123134 ] }, { "date": "2026-02-13", "close": 45.095364, "volume": 1111060, "typical_volume": 1088507.45, "trend": 41.358878, "fair_value": 34.399029, "relative_strength": 1.203863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.864808, "energy": 79.409922, "activity_lines": [ 44.569118, 44.061777, 43.130024, 42.379087 ] }, { "date": "2026-02-20", "close": 46.265896, "volume": 920181, "typical_volume": 1076871.3, "trend": 41.609455, "fair_value": 34.499028, "relative_strength": 1.423955, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.410017, "energy": 91.814323, "activity_lines": [ 45.197205, 44.555049, 43.500133, 42.695669 ] }, { "date": "2026-02-27", "close": 47.213238, "volume": 1054271, "typical_volume": 1079867.1, "trend": 41.896174, "fair_value": 34.602894, "relative_strength": 1.31083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.957763, "energy": 96.350963, "activity_lines": [ 46.001039, 45.136394, 43.933879, 43.057203 ] }, { "date": "2026-03-06", "close": 44.564651, "volume": 1348929, "typical_volume": 1104498.6, "trend": 42.088414, "fair_value": 34.69452, "relative_strength": 1.383246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.156072, "energy": 66.124499, "activity_lines": [ 45.694186, 45.153844, 44.083395, 43.229363 ] }, { "date": "2026-03-13", "close": 44.554733, "volume": 1489516, "typical_volume": 1120738.0, "trend": 42.269405, "fair_value": 34.796031, "relative_strength": 1.527712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.737801, "energy": 57.187658, "activity_lines": [ 45.353276, 45.133688, 44.211069, 43.38848 ] }, { "date": "2026-03-20", "close": 43.110001, "volume": 1171812, "typical_volume": 1115086.35, "trend": 42.377142, "fair_value": 34.88627, "relative_strength": 1.565113, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.3751, "energy": 29.024758, "activity_lines": [ 44.543684, 44.822448, 44.184834, 43.442712 ] }, { "date": "2026-03-27", "close": 43.369999, "volume": 1727239, "typical_volume": 1129259.3, "trend": 42.508375, "fair_value": 34.9728, "relative_strength": 1.608166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.98986, "energy": 26.021219, "activity_lines": [ 43.953116, 44.569417, 44.176742, 43.506768 ] }, { "date": "2026-04-03", "close": 45.384998, "volume": 1799387, "typical_volume": 1140326.45, "trend": 42.70482, "fair_value": 35.069604, "relative_strength": 1.487529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.366526, "energy": 26.440608, "activity_lines": [ 44.227274, 44.697211, 44.351902, 43.692356 ] }, { "date": "2026-04-10", "close": 46.105, "volume": 1727869, "typical_volume": 1162804.45, "trend": 42.913857, "fair_value": 35.167517, "relative_strength": 1.443218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.594963, "energy": 25.065538, "activity_lines": [ 44.863315, 44.927021, 44.578229, 43.911723 ] }, { "date": "2026-04-17", "close": 45.956631, "volume": 1308605, "typical_volume": 1142303.4, "trend": 43.130217, "fair_value": 35.263415, "relative_strength": 0.445208, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.509327, "energy": 39.550711, "activity_lines": [ 45.34721, 45.093462, 44.766374, 44.108031 ] }, { "date": "2026-04-24", "close": 44.753628, "volume": 1329510, "typical_volume": 1152768.9, "trend": 43.295788, "fair_value": 35.352378, "relative_strength": 0.498797, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.171058, "energy": 38.40161, "activity_lines": [ 45.336644, 45.019204, 44.820198, 44.212767 ] }, { "date": "2026-05-01", "close": 44.639763, "volume": 1637028, "typical_volume": 1209363.75, "trend": 43.427697, "fair_value": 35.442767, "relative_strength": 0.352142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.03379, "energy": 32.658438, "activity_lines": [ 45.178548, 44.930456, 44.84871, 44.299475 ] }, { "date": "2026-05-08", "close": 44.075394, "volume": 1846270, "typical_volume": 1250657.9, "trend": 43.546981, "fair_value": 35.530055, "relative_strength": 0.315905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.547075, "energy": 11.441594, "activity_lines": [ 44.747678, 44.768661, 44.809172, 44.341262 ] }, { "date": "2026-05-15", "close": 43.986282, "volume": 1506250, "typical_volume": 1303235.2, "trend": 43.673983, "fair_value": 35.616254, "relative_strength": 0.447369, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.721066, "energy": 10.917758, "activity_lines": [ 44.374411, 44.647716, 44.754524, 44.369604 ] }, { "date": "2026-05-22", "close": 45.204132, "volume": 2473171, "typical_volume": 1387201.15, "trend": 43.809843, "fair_value": 35.713594, "relative_strength": 0.518262, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.38914, "energy": 13.670639, "activity_lines": [ 44.548342, 44.758714, 44.80924, 44.468323 ] }, { "date": "2026-05-29", "close": 44.981358, "volume": 1758766, "typical_volume": 1439504.05, "trend": 43.918544, "fair_value": 35.809822, "relative_strength": 0.53459, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.338151, "energy": 10.620387, "activity_lines": [ 44.698181, 44.8174, 44.832207, 44.543905 ] }, { "date": "2026-06-05", "close": 44.813034, "volume": 243447, "typical_volume": 1412325.05, "trend": 44.027225, "fair_value": 35.905689, "relative_strength": 0.520605, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.014622, "energy": 10.564557, "activity_lines": [ 44.77673, 44.811458, 44.833097, 44.601614 ] }, { "date": "2026-06-12", "close": 45.248692, "volume": 560440, "typical_volume": 1380205.5, "trend": 44.144508, "fair_value": 36.002357, "relative_strength": 0.457805, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.035594, "energy": 23.261242, "activity_lines": [ 44.988948, 44.858489, 44.872393, 44.680418 ] }, { "date": "2026-06-19", "close": 44.810001, "volume": 470871, "typical_volume": 1338168.35, "trend": 44.269697, "fair_value": 36.10063, "relative_strength": 0.490461, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.05371, "energy": 19.765794, "activity_lines": [ 44.976715, 44.828236, 44.862992, 44.723353 ] }, { "date": "2026-06-26", "close": 45.485001, "volume": 259544, "typical_volume": 1287208.3, "trend": 44.392226, "fair_value": 36.201371, "relative_strength": 0.562062, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 55.827326, "energy": 34.772576, "activity_lines": [ 45.134567, 44.944256, 44.914511, 44.80176 ] }, { "date": "2026-07-03", "close": 46.205002, "volume": 252974, "typical_volume": 1244304.0, "trend": 44.54188, "fair_value": 36.313993, "relative_strength": 0.483185, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.381345, "energy": 58.04837, "activity_lines": [ 45.513696, 45.19976, 45.031093, 44.918713 ] }, { "date": "2026-07-10", "close": 45.467499, "volume": 1087991, "typical_volume": 1252694.5, "trend": 44.669582, "fair_value": 36.41718, "relative_strength": 0.552391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.791346, "energy": 49.509298, "activity_lines": [ 45.565413, 45.294784, 45.072153, 44.978431 ] }, { "date": "2026-07-17", "close": 45.880001, "volume": 1735648, "typical_volume": 1286763.35, "trend": 44.776086, "fair_value": 36.517458, "relative_strength": 0.440524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.707004, "energy": 57.256457, "activity_lines": [ 45.711001, 45.449759, 45.156301, 45.056522 ] }, { "date": "2026-07-24", "close": 46.505001, "volume": 1985086, "typical_volume": 1318571.2, "trend": 44.906401, "fair_value": 36.620871, "relative_strength": 0.483798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.080881, "energy": 66.791605, "activity_lines": [ 46.022834, 45.685559, 45.306321, 45.168065 ] }, { "date": "2026-07-31", "close": 47.119999, "volume": 2263996, "typical_volume": 1357295.2, "trend": 45.043988, "fair_value": 36.731133, "relative_strength": 0.542057, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.327786, "energy": 71.762515, "activity_lines": [ 46.426667, 45.987382, 45.505672, 45.310878 ] }, { "date": "2026-08-07", "close": 47.380001, "volume": 1563198, "typical_volume": 1376864.5, "trend": 45.16627, "fair_value": 36.843294, "relative_strength": 0.754452, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.513081, "energy": 81.133327, "activity_lines": [ 46.808167, 46.301644, 45.71757, 45.461588 ] } ], "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." } } }