{ "ticker": { "uuid": "42fc704e-c3a9-4ea3-9519-9d1cb899cc96", "symbol": "VIOV", "name": "VANGUARD ADMIRAL FDS INC S&P SMCAP 600 VALUE IDX FD ETF SHS", "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": 74.27, "architecture_energy": 57.652, "architecture_maturity": 53.187, "architecture_confidence": 79.879, "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": 12.03, "rotation_up": 58.81, "upward_expansion": 81.95, "deceleration": 63.46, "rotation_down": 23.52, "downward_expansion": 8.62 }, "activity_lines": [ 117.688253, 116.951426, 114.600692, 112.105331 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 119.48, "trend_reference": 109.328048, "distance_from_trend": 0.092858, "trend_direction": "Improving", "fair_value": 90.089098, "distance_from_fair_value": 0.326243, "fair_value_direction": "Improving", "relative_strength": 3.278239, "relative_strength_direction": "Weakening", "price_momentum": 0.101375, "excess_performance": -0.02425, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.092858, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.060853, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.326243, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.049655, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.032782, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.000146, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.101375, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.162079, "read": "Demand-led" } ], "volume": { "latest": 177855, "relative_activity": 0.7726, "balance": 1.162079, "dry_up": 0.866469, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.02958, "annualized_volatility": 0.145463, "from_high_reference": -0.009697, "from_low_reference": 0.391148 }, "levels": { "trend_reference": 109.328048, "fair_value_reference": 90.089098, "structural_low": 97.886225, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": 0.004591, "positive_rate": 0.545455, "directional_follow_through": 0.545455, "median_excess_return": -0.010099, "regime_survival": 0.681818, "best_return": 0.093898, "worst_return": -0.101025, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": 0.038071, "positive_rate": 0.555556, "directional_follow_through": 0.555556, "median_excess_return": -0.024289, "regime_survival": 0.444444, "best_return": 0.165991, "worst_return": -0.08779, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.040509, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.044536, "regime_survival": 0.2, "best_return": 0.130854, "worst_return": -0.119637, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.015335, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.126969, "regime_survival": 0.333333, "best_return": 0.136366, "worst_return": -0.084553, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-01", "tenure": "New", "return": 0.016805, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-04-12", "tenure": "Developing", "return": -0.041468, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-19", "end": "2024-07-26", "tenure": "Established", "return": 0.139219, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-02", "end": "2024-12-27", "tenure": "Established", "return": 0.075949, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-28", "tenure": "Developing", "return": -0.041529, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.031962, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-06-13", "tenure": "Established", "return": -0.015248, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.071493, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-22", "tenure": "Developing", "return": 0.074146, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-29", "end": "2025-11-14", "tenure": "Developing", "return": 0.010573, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.059621, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": -0.004616, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.112903, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.086312, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 76.967166, "volume": 132810, "typical_volume": 224388.9, "trend": 77.287678, "fair_value": 75.210373, "relative_strength": -6.597368, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.17943, "energy": 28.007316, "activity_lines": [ 79.318337, 79.029459, 77.41273, 76.901493 ] }, { "date": "2023-08-25", "close": 76.098228, "volume": 113306, "typical_volume": 210842.55, "trend": 77.114157, "fair_value": 75.368809, "relative_strength": -8.193827, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 3.44271, "energy": 6.87215, "activity_lines": [ 78.053339, 78.617196, 77.406658, 76.824754 ] }, { "date": "2023-09-01", "close": 78.922278, "volume": 148202, "typical_volume": 207235.8, "trend": 76.881681, "fair_value": 75.550442, "relative_strength": -7.020865, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.400799, "energy": 22.2179, "activity_lines": [ 78.017448, 78.731489, 77.660029, 76.941407 ] }, { "date": "2023-09-08", "close": 75.229289, "volume": 118894, "typical_volume": 199891.7, "trend": 76.636505, "fair_value": 75.721135, "relative_strength": -10.078295, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.535864, "energy": 19.110059, "activity_lines": [ 76.923719, 78.087341, 77.541815, 76.834801 ] }, { "date": "2023-09-15", "close": 75.635424, "volume": 175152, "typical_volume": 196372.8, "trend": 76.365305, "fair_value": 75.889565, "relative_strength": -9.304025, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.303046, "energy": 17.576976, "activity_lines": [ 76.334982, 77.559281, 77.459278, 76.770215 ] }, { "date": "2023-09-22", "close": 72.971938, "volume": 169366, "typical_volume": 186157.75, "trend": 76.09336, "fair_value": 76.057971, "relative_strength": -9.701284, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.23662, "energy": 36.197583, "activity_lines": [ 75.135469, 76.565325, 77.11608, 76.551289 ] }, { "date": "2023-09-29", "close": 73.182093, "volume": 166688, "typical_volume": 177632.4, "trend": 75.766965, "fair_value": 76.210097, "relative_strength": -8.650468, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.071387, "energy": 51.131416, "activity_lines": [ 74.272356, 75.719828, 76.792895, 76.363465 ] }, { "date": "2023-10-06", "close": 70.817091, "volume": 274921, "typical_volume": 179518.15, "trend": 75.594606, "fair_value": 76.328858, "relative_strength": -11.786731, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.060215, "energy": 65.679197, "activity_lines": [ 72.815319, 74.575831, 76.236439, 76.044118 ] }, { "date": "2023-10-13", "close": 70.114239, "volume": 227505, "typical_volume": 180279.35, "trend": 75.503249, "fair_value": 76.44453, "relative_strength": -12.762452, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.832105, "energy": 74.236627, "activity_lines": [ 71.664343, 73.498634, 75.622946, 75.690546 ] }, { "date": "2023-10-20", "close": 69.287913, "volume": 261142, "typical_volume": 183295.35, "trend": 75.381709, "fair_value": 76.548259, "relative_strength": -11.413924, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -79.001271, "energy": 84.95732, "activity_lines": [ 70.578928, 72.465, 74.943423, 75.289557 ] }, { "date": "2023-10-27", "close": 67.321827, "volume": 361209, "typical_volume": 190944.25, "trend": 75.094002, "fair_value": 76.661923, "relative_strength": -11.408129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.22327, "energy": 90.032832, "activity_lines": [ 69.261319, 71.264866, 74.104719, 74.769564 ] }, { "date": "2023-11-03", "close": 73.248579, "volume": 397945, "typical_volume": 195655.7, "trend": 75.065611, "fair_value": 76.799161, "relative_strength": -8.612232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.234175, "energy": 60.084291, "activity_lines": [ 70.295967, 71.317693, 73.874884, 74.650505 ] }, { "date": "2023-11-10", "close": 70.750605, "volume": 294334, "typical_volume": 203721.1, "trend": 74.932323, "fair_value": 76.889727, "relative_strength": -12.559736, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.697941, "energy": 47.318717, "activity_lines": [ 70.493526, 70.968154, 73.424145, 74.372117 ] }, { "date": "2023-11-17", "close": 74.511813, "volume": 442334, "typical_volume": 216955.05, "trend": 74.929424, "fair_value": 76.993076, "relative_strength": -9.674278, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.449133, "energy": 26.877736, "activity_lines": [ 71.949253, 71.451047, 73.347746, 74.344988 ] }, { "date": "2023-11-24", "close": 74.540307, "volume": 226521, "typical_volume": 220288.75, "trend": 74.941896, "fair_value": 77.080165, "relative_strength": -10.212293, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.313418, "energy": 23.77325, "activity_lines": [ 73.121306, 71.952167, 73.288541, 74.319883 ] }, { "date": "2023-12-01", "close": 77.104767, "volume": 230628, "typical_volume": 221298.6, "trend": 75.079664, "fair_value": 77.173349, "relative_strength": -7.60351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.83678, "energy": 18.109014, "activity_lines": [ 74.798019, 72.939462, 73.483598, 74.459423 ] }, { "date": "2023-12-08", "close": 78.330009, "volume": 298638, "typical_volume": 226176.3, "trend": 75.307492, "fair_value": 77.276092, "relative_strength": -6.113231, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 33.909814, "energy": 36.84273, "activity_lines": [ 76.230951, 74.074387, 73.80454, 74.669123 ] }, { "date": "2023-12-15", "close": 82.993527, "volume": 368691, "typical_volume": 236684.8, "trend": 75.644059, "fair_value": 77.4061, "relative_strength": -2.667089, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.083948, "energy": 61.40407, "activity_lines": [ 78.879627, 75.963625, 74.579552, 75.164996 ] }, { "date": "2023-12-22", "close": 84.989925, "volume": 347718, "typical_volume": 246108.0, "trend": 76.051249, "fair_value": 77.545301, "relative_strength": -1.063443, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.046936, "energy": 75.039183, "activity_lines": [ 81.377573, 77.994456, 75.537679, 75.767955 ] }, { "date": "2023-12-29", "close": 84.989925, "volume": 591806, "typical_volume": 267390.5, "trend": 76.378184, "fair_value": 77.682149, "relative_strength": -1.233119, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.582892, "energy": 79.486674, "activity_lines": [ 83.176979, 79.754819, 76.475728, 76.344644 ] }, { "date": "2024-01-05", "close": 82.012876, "volume": 362053, "typical_volume": 278852.65, "trend": 76.55698, "fair_value": 77.77365, "relative_strength": -2.934898, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.101893, "energy": 82.617686, "activity_lines": [ 83.287395, 80.688409, 77.105493, 76.708173 ] }, { "date": "2024-01-12", "close": 81.302226, "volume": 244689, "typical_volume": 285421.8, "trend": 76.706444, "fair_value": 77.850165, "relative_strength": -5.210645, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.539902, "energy": 72.577795, "activity_lines": [ 82.833719, 81.225681, 77.643549, 77.014318 ] }, { "date": "2024-01-19", "close": 80.6588, "volume": 239871, "typical_volume": 290005.25, "trend": 76.923807, "fair_value": 77.91936, "relative_strength": -6.722793, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.119278, "energy": 48.480017, "activity_lines": [ 81.96742, 81.499536, 78.095546, 77.269308 ] }, { "date": "2024-01-26", "close": 82.550666, "volume": 310931, "typical_volume": 299607.1, "trend": 77.090404, "fair_value": 78.01454, "relative_strength": -5.163225, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.051138, "energy": 38.366845, "activity_lines": [ 81.887392, 81.937217, 78.719452, 77.632331 ] }, { "date": "2024-02-02", "close": 80.754834, "volume": 545360, "typical_volume": 318117.5, "trend": 77.227363, "fair_value": 78.077727, "relative_strength": -8.05207, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.19069, "energy": 31.945701, "activity_lines": [ 81.371371, 81.902223, 79.137462, 77.868746 ] }, { "date": "2024-02-09", "close": 81.148572, "volume": 326046, "typical_volume": 325951.5, "trend": 77.297795, "fair_value": 78.128824, "relative_strength": -8.434583, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.764764, "energy": 29.552516, "activity_lines": [ 81.268935, 81.825826, 79.568593, 78.121727 ] }, { "date": "2024-02-16", "close": 82.685113, "volume": 309324, "typical_volume": 333083.3, "trend": 77.37348, "fair_value": 78.186778, "relative_strength": -5.942081, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.133563, "energy": 35.445015, "activity_lines": [ 81.736299, 81.955276, 80.107124, 78.469296 ] }, { "date": "2024-02-23", "close": 81.628741, "volume": 318426, "typical_volume": 335258.55, "trend": 77.377116, "fair_value": 78.229971, "relative_strength": -8.19639, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.575908, "energy": 29.670559, "activity_lines": [ 81.759347, 81.813475, 80.499797, 78.743829 ] }, { "date": "2024-03-01", "close": 82.512252, "volume": 242165, "typical_volume": 335991.55, "trend": 77.435075, "fair_value": 78.256195, "relative_strength": -7.625148, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.53522, "energy": 37.212831, "activity_lines": [ 82.012236, 81.857127, 80.925129, 79.075128 ] }, { "date": "2024-03-08", "close": 83.098059, "volume": 299208, "typical_volume": 337894.85, "trend": 77.545303, "fair_value": 78.247505, "relative_strength": -6.375919, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.052233, "energy": 39.677184, "activity_lines": [ 82.462955, 82.052338, 81.347214, 79.440482 ] }, { "date": "2024-03-15", "close": 81.436674, "volume": 234177, "typical_volume": 331543.25, "trend": 77.694286, "fair_value": 78.247224, "relative_strength": -7.89143, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.155525, "energy": 34.264747, "activity_lines": [ 82.203664, 81.979876, 81.54531, 79.691538 ] }, { "date": "2024-03-22", "close": 82.609246, "volume": 204553, "typical_volume": 321873.65, "trend": 77.91132, "fair_value": 78.264061, "relative_strength": -8.315647, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.538408, "energy": 35.298397, "activity_lines": [ 82.316023, 82.131085, 81.787865, 80.008633 ] }, { "date": "2024-03-29", "close": 85.110982, "volume": 275841, "typical_volume": 320949.0, "trend": 78.11761, "fair_value": 78.297197, "relative_strength": -5.607046, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.365106, "energy": 44.004785, "activity_lines": [ 83.267352, 82.713392, 82.224107, 80.473127 ] }, { "date": "2024-04-05", "close": 82.040364, "volume": 286139, "typical_volume": 313139.25, "trend": 78.344646, "fair_value": 78.312164, "relative_strength": -7.93649, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.673278, "energy": 33.646717, "activity_lines": [ 82.962993, 82.656456, 82.299526, 80.726208 ] }, { "date": "2024-04-12", "close": 79.652116, "volume": 309529, "typical_volume": 317289.65, "trend": 78.478536, "fair_value": 78.306579, "relative_strength": -9.005734, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.899635, "energy": 16.949519, "activity_lines": [ 81.89401, 82.174571, 82.111642, 80.810561 ] }, { "date": "2024-04-19", "close": 79.220016, "volume": 276595, "typical_volume": 319588.0, "trend": 78.686805, "fair_value": 78.297262, "relative_strength": -6.383481, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.92483, "energy": 6.753248, "activity_lines": [ 80.910723, 81.634171, 81.858264, 80.858398 ] }, { "date": "2024-04-26", "close": 80.548371, "volume": 195433, "typical_volume": 314427.75, "trend": 78.932348, "fair_value": 78.297685, "relative_strength": -7.032398, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.84978, "energy": 17.173685, "activity_lines": [ 80.517998, 81.370356, 81.721324, 80.978499 ] }, { "date": "2024-05-03", "close": 81.828597, "volume": 227944, "typical_volume": 307390.4, "trend": 79.299398, "fair_value": 78.286508, "relative_strength": -5.908789, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.265322, "energy": 16.502408, "activity_lines": [ 80.689408, 81.378159, 81.695746, 81.165354 ] }, { "date": "2024-05-10", "close": 83.32059, "volume": 168006, "typical_volume": 298404.8, "trend": 79.73961, "fair_value": 78.289234, "relative_strength": -5.776666, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.243315, "energy": 12.794359, "activity_lines": [ 81.576973, 81.653599, 81.81781, 81.424786 ] }, { "date": "2024-05-17", "close": 84.331295, "volume": 176410, "typical_volume": 277635.0, "trend": 80.241056, "fair_value": 78.303275, "relative_strength": -5.999403, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.409606, "energy": 34.031444, "activity_lines": [ 82.716092, 82.098107, 82.044081, 81.721023 ] }, { "date": "2024-05-24", "close": 82.444646, "volume": 364059, "typical_volume": 277735.3, "trend": 80.74515, "fair_value": 78.295872, "relative_strength": -7.890861, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.575359, "energy": 31.078253, "activity_lines": [ 82.914383, 82.177165, 82.093807, 81.863191 ] }, { "date": "2024-05-31", "close": 83.195455, "volume": 141544, "typical_volume": 272578.05, "trend": 81.076712, "fair_value": 78.284836, "relative_strength": -6.469152, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 51.419411, "energy": 35.610652, "activity_lines": [ 83.147968, 82.374408, 82.212983, 82.021275 ] }, { "date": "2024-06-07", "close": 81.154794, "volume": 213886, "typical_volume": 271278.8, "trend": 81.423519, "fair_value": 78.257077, "relative_strength": -9.599702, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 37.521902, "energy": 22.407084, "activity_lines": [ 82.524861, 82.189962, 82.128795, 82.026312 ] }, { "date": "2024-06-14", "close": 79.422157, "volume": 240852, "typical_volume": 267774.85, "trend": 81.587197, "fair_value": 78.24996, "relative_strength": -12.655803, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.284007, "energy": 15.024875, "activity_lines": [ 81.369128, 81.762423, 81.877232, 81.897192 ] }, { "date": "2024-06-21", "close": 80.038206, "volume": 181217, "typical_volume": 249567.7, "trend": 81.77046, "fair_value": 78.222267, "relative_strength": -12.273977, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.09604, "energy": 21.706783, "activity_lines": [ 80.67864, 81.494496, 81.699238, 81.797257 ] }, { "date": "2024-06-28", "close": 80.994621, "volume": 469931, "typical_volume": 256761.95, "trend": 81.900122, "fair_value": 78.211772, "relative_strength": -10.886024, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.529096, "energy": 33.208522, "activity_lines": [ 80.593163, 81.393443, 81.615743, 81.747203 ] }, { "date": "2024-07-05", "close": 79.745869, "volume": 205300, "typical_volume": 251560.75, "trend": 81.947317, "fair_value": 78.199579, "relative_strength": -13.575442, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.995137, "energy": 50.264368, "activity_lines": [ 80.188104, 81.033078, 81.414053, 81.608219 ] }, { "date": "2024-07-12", "close": 84.595673, "volume": 281486, "typical_volume": 249713.75, "trend": 82.000722, "fair_value": 78.243176, "relative_strength": -8.907647, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.50263, "energy": 5.395678, "activity_lines": [ 81.629618, 81.569087, 81.688246, 81.779081 ] }, { "date": "2024-07-19", "close": 86.764048, "volume": 381841, "typical_volume": 256697.55, "trend": 82.059859, "fair_value": 78.297578, "relative_strength": -4.453738, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 66.838521, "energy": 44.086165, "activity_lines": [ 83.564532, 82.449036, 82.154822, 82.086392 ] }, { "date": "2024-07-26", "close": 90.248937, "volume": 358135, "typical_volume": 259643.9, "trend": 82.23516, "fair_value": 78.367633, "relative_strength": 0.391354, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 81.103528, "energy": 76.743243, "activity_lines": [ 86.171617, 83.899993, 82.933045, 82.61472 ] }, { "date": "2024-08-02", "close": 85.176488, "volume": 460467, "typical_volume": 270958.4, "trend": 82.340614, "fair_value": 78.400033, "relative_strength": -2.93386, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.396271, "energy": 66.048172, "activity_lines": [ 86.40717, 84.321092, 83.194127, 82.804483 ] }, { "date": "2024-08-09", "close": 84.169742, "volume": 444441, "typical_volume": 282952.8, "trend": 82.436197, "fair_value": 78.425367, "relative_strength": -3.831798, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.042487, "energy": 63.275833, "activity_lines": [ 86.028349, 84.509477, 83.341519, 82.922491 ] }, { "date": "2024-08-16", "close": 86.589707, "volume": 247863, "typical_volume": 281553.9, "trend": 82.633894, "fair_value": 78.478593, "relative_strength": -4.619657, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.785236, "energy": 52.687855, "activity_lines": [ 86.161259, 85.120141, 83.711953, 83.190459 ] }, { "date": "2024-08-23", "close": 89.162716, "volume": 271273, "typical_volume": 280810.6, "trend": 82.854296, "fair_value": 78.52726, "relative_strength": -2.960548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.023996, "energy": 42.329116, "activity_lines": [ 87.018903, 86.099809, 84.320394, 83.611674 ] }, { "date": "2024-08-30", "close": 89.387395, "volume": 181772, "typical_volume": 274422.75, "trend": 83.142048, "fair_value": 78.583471, "relative_strength": -2.768444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.00038, "energy": 45.353299, "activity_lines": [ 87.791529, 86.943226, 84.916317, 84.033164 ] }, { "date": "2024-09-06", "close": 85.331372, "volume": 278968, "typical_volume": 274541.4, "trend": 83.281475, "fair_value": 78.630675, "relative_strength": -3.02237, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.234528, "energy": 38.416346, "activity_lines": [ 87.269583, 86.879199, 85.079594, 84.174411 ] }, { "date": "2024-09-13", "close": 87.915997, "volume": 162080, "typical_volume": 272873.75, "trend": 83.455838, "fair_value": 78.692228, "relative_strength": -3.752725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.179085, "energy": 39.185489, "activity_lines": [ 87.598853, 87.206254, 85.459924, 84.473412 ] }, { "date": "2024-09-20", "close": 89.677802, "volume": 316367, "typical_volume": 277294.9, "trend": 83.72414, "fair_value": 78.755263, "relative_strength": -3.039023, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.08022, "energy": 40.2035, "activity_lines": [ 88.265641, 87.705089, 85.972961, 84.874829 ] }, { "date": "2024-09-27", "close": 89.839559, "volume": 241875, "typical_volume": 280988.35, "trend": 83.968383, "fair_value": 78.80961, "relative_strength": -3.224981, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.465264, "energy": 38.175076, "activity_lines": [ 88.780476, 88.140933, 86.464026, 85.269372 ] }, { "date": "2024-10-04", "close": 88.739682, "volume": 226140, "typical_volume": 283474.85, "trend": 84.156437, "fair_value": 78.853179, "relative_strength": -4.52346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.128156, "energy": 36.650934, "activity_lines": [ 88.883561, 88.32088, 86.819298, 85.577198 ] }, { "date": "2024-10-11", "close": 89.206886, "volume": 134615, "typical_volume": 272002.65, "trend": 84.415444, "fair_value": 78.898274, "relative_strength": -4.992376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.710891, "energy": 38.994753, "activity_lines": [ 89.185562, 88.613215, 87.198074, 85.903034 ] }, { "date": "2024-10-18", "close": 91.581843, "volume": 203974, "typical_volume": 275124.15, "trend": 84.714531, "fair_value": 78.952634, "relative_strength": -3.18309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.85603, "energy": 49.586946, "activity_lines": [ 90.020848, 89.26408, 87.770834, 86.365382 ] }, { "date": "2024-10-25", "close": 88.525546, "volume": 187209, "typical_volume": 273790.3, "trend": 84.82835, "fair_value": 78.994888, "relative_strength": -5.367874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.398003, "energy": 35.23256, "activity_lines": [ 89.592979, 89.224489, 88.012584, 86.611254 ] }, { "date": "2024-11-01", "close": 88.856483, "volume": 218666, "typical_volume": 272681.0, "trend": 85.055554, "fair_value": 79.002099, "relative_strength": -3.508956, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.400344, "energy": 33.742679, "activity_lines": [ 89.352239, 89.209871, 88.250753, 86.871133 ] }, { "date": "2024-11-08", "close": 96.565359, "volume": 389257, "typical_volume": 283083.0, "trend": 85.619328, "fair_value": 79.063099, "relative_strength": 0.118681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.599064, "energy": 65.580456, "activity_lines": [ 91.746662, 90.602435, 89.178175, 87.613701 ] }, { "date": "2024-11-15", "close": 93.732931, "volume": 376422, "typical_volume": 278407.55, "trend": 86.103092, "fair_value": 79.121384, "relative_strength": -0.66506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.617036, "energy": 60.256876, "activity_lines": [ 92.675232, 91.349504, 89.757141, 88.13716 ] }, { "date": "2024-11-22", "close": 96.837895, "volume": 252545, "typical_volume": 280769.8, "trend": 86.646076, "fair_value": 79.21613, "relative_strength": 0.983578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.4526, "energy": 77.45004, "activity_lines": [ 94.337053, 92.508356, 90.571159, 88.829728 ] }, { "date": "2024-11-29", "close": 98.181109, "volume": 327762, "typical_volume": 283083.6, "trend": 87.19116, "fair_value": 79.330847, "relative_strength": 1.276149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.978787, "energy": 83.338015, "activity_lines": [ 96.096208, 93.749212, 91.431712, 89.573923 ] }, { "date": "2024-12-06", "close": 97.022831, "volume": 471971, "typical_volume": 287590.1, "trend": 87.647901, "fair_value": 79.424372, "relative_strength": -0.631653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.951579, "energy": 78.155668, "activity_lines": [ 96.825566, 94.624867, 92.11726, 90.208225 ] }, { "date": "2024-12-13", "close": 96.214956, "volume": 263570, "typical_volume": 282861.85, "trend": 88.044024, "fair_value": 79.525869, "relative_strength": -0.642777, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.449106, "energy": 74.224652, "activity_lines": [ 96.74121, 95.223031, 92.677017, 90.760938 ] }, { "date": "2024-12-20", "close": 91.435842, "volume": 279382, "typical_volume": 273807.6, "trend": 88.34373, "fair_value": 79.582873, "relative_strength": -3.499465, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.888153, "energy": 43.860206, "activity_lines": [ 95.087176, 94.816351, 92.75321, 90.979765 ] }, { "date": "2024-12-27", "close": 91.645517, "volume": 181123, "typical_volume": 260641.7, "trend": 88.625399, "fair_value": 79.637412, "relative_strength": -3.592432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.759344, "energy": 24.464057, "activity_lines": [ 93.656173, 94.407266, 92.819565, 91.192783 ] }, { "date": "2025-01-03", "close": 91.645517, "volume": 366022, "typical_volume": 266549.65, "trend": 88.97509, "fair_value": 79.685337, "relative_strength": -2.82858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.237224, "energy": 23.623051, "activity_lines": [ 92.571328, 93.997025, 92.850322, 91.38763 ] }, { "date": "2025-01-10", "close": 89.013655, "volume": 202400, "typical_volume": 263106.0, "trend": 89.294806, "fair_value": 79.712996, "relative_strength": -3.529943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.785758, "energy": 20.797181, "activity_lines": [ 91.044902, 93.051536, 92.60635, 91.390118 ] }, { "date": "2025-01-17", "close": 93.005475, "volume": 303769, "typical_volume": 269205.85, "trend": 89.727048, "fair_value": 79.803387, "relative_strength": -1.923836, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.311188, "energy": 20.519999, "activity_lines": [ 91.383028, 92.828975, 92.743261, 91.629516 ] }, { "date": "2025-01-24", "close": 93.807752, "volume": 213910, "typical_volume": 265952.95, "trend": 90.154153, "fair_value": 79.903733, "relative_strength": -2.564801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.109536, "energy": 14.829397, "activity_lines": [ 92.202545, 92.817007, 92.939351, 91.892787 ] }, { "date": "2025-01-31", "close": 93.015259, "volume": 526919, "typical_volume": 284194.9, "trend": 90.596466, "fair_value": 79.995987, "relative_strength": -2.271386, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.289971, "energy": 9.806411, "activity_lines": [ 92.59977, 92.65959, 93.019601, 92.077374 ] }, { "date": "2025-02-07", "close": 91.117188, "volume": 380504, "typical_volume": 287401.75, "trend": 90.81385, "fair_value": 80.067423, "relative_strength": -3.954474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.276336, "energy": 12.20179, "activity_lines": [ 92.272989, 92.226571, 92.8948, 92.110969 ] }, { "date": "2025-02-14", "close": 91.586813, "volume": 265870, "typical_volume": 288601.5, "trend": 90.974608, "fair_value": 80.139065, "relative_strength": -4.670992, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.854863, "energy": 10.707014, "activity_lines": [ 92.137972, 92.007373, 92.807871, 92.160838 ] }, { "date": "2025-02-21", "close": 89.003872, "volume": 224003, "typical_volume": 288494.65, "trend": 90.933106, "fair_value": 80.190075, "relative_strength": -5.686168, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -6.312588, "energy": 21.502933, "activity_lines": [ 90.97043, 91.417387, 92.466628, 92.033694 ] }, { "date": "2025-02-28", "close": 87.839591, "volume": 492488, "typical_volume": 306388.3, "trend": 91.021876, "fair_value": 80.235216, "relative_strength": -5.843558, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.022148, "energy": 46.675762, "activity_lines": [ 89.681568, 90.746824, 92.013243, 91.834112 ] }, { "date": "2025-03-07", "close": 85.403407, "volume": 440360, "typical_volume": 318207.6, "trend": 91.062999, "fair_value": 80.269819, "relative_strength": -5.364875, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.883096, "energy": 62.645933, "activity_lines": [ 87.978522, 89.698704, 91.334351, 91.47163 ] }, { "date": "2025-03-14", "close": 82.673707, "volume": 497756, "typical_volume": 333734.95, "trend": 90.932465, "fair_value": 80.271453, "relative_strength": -6.089942, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.882094, "energy": 82.822866, "activity_lines": [ 85.873033, 88.267769, 90.424909, 90.930386 ] }, { "date": "2025-03-21", "close": 83.250956, "volume": 224587, "typical_volume": 334031.0, "trend": 90.735407, "fair_value": 80.276221, "relative_strength": -5.764344, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.306978, "energy": 85.859627, "activity_lines": [ 84.522859, 87.104911, 89.598309, 90.434804 ] }, { "date": "2025-03-28", "close": 82.050219, "volume": 225947, "typical_volume": 325865.5, "trend": 90.490834, "fair_value": 80.273352, "relative_strength": -5.534343, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.446511, "energy": 87.369515, "activity_lines": [ 83.328163, 85.828514, 88.684045, 89.87447 ] }, { "date": "2025-04-04", "close": 74.158321, "volume": 659612, "typical_volume": 340025.0, "trend": 90.118399, "fair_value": 80.240453, "relative_strength": -5.951372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.668235, "energy": 95.644023, "activity_lines": [ 79.966411, 83.316413, 87.087293, 88.820759 ] }, { "date": "2025-04-11", "close": 73.333794, "volume": 1289727, "typical_volume": 391884.1, "trend": 89.632326, "fair_value": 80.194015, "relative_strength": -11.765613, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.173714, "energy": 93.977389, "activity_lines": [ 77.241902, 81.011661, 85.505226, 87.737881 ] }, { "date": "2025-04-18", "close": 74.168137, "volume": 304671, "typical_volume": 390729.55, "trend": 89.115337, "fair_value": 80.159759, "relative_strength": -9.248384, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.927419, "energy": 90.676277, "activity_lines": [ 75.600148, 79.216452, 84.114545, 86.740192 ] }, { "date": "2025-04-25", "close": 77.083428, "volume": 387620, "typical_volume": 386512.0, "trend": 88.690132, "fair_value": 80.162798, "relative_strength": -9.602031, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.711041, "energy": 82.146907, "activity_lines": [ 75.497195, 78.25946, 83.115858, 85.96394 ] }, { "date": "2025-05-02", "close": 79.291981, "volume": 549276, "typical_volume": 400797.3, "trend": 88.375209, "fair_value": 80.181296, "relative_strength": -9.407372, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.727542, "energy": 61.213511, "activity_lines": [ 76.541596, 77.967722, 82.422459, 85.357607 ] }, { "date": "2025-05-09", "close": 79.851481, "volume": 285648, "typical_volume": 401110.6, "trend": 88.063362, "fair_value": 80.211337, "relative_strength": -8.14232, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.55971, "energy": 45.485098, "activity_lines": [ 77.956379, 77.95429, 81.862931, 84.807689 ] }, { "date": "2025-05-16", "close": 83.561851, "volume": 411169, "typical_volume": 412612.9, "trend": 87.796029, "fair_value": 80.269335, "relative_strength": -8.468391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.991381, "energy": 26.52094, "activity_lines": [ 80.228408, 78.76071, 81.711936, 84.517269 ] }, { "date": "2025-05-23", "close": 79.596271, "volume": 386126, "typical_volume": 413618.1, "trend": 87.498387, "fair_value": 80.272463, "relative_strength": -10.312979, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.450284, "energy": 25.532453, "activity_lines": [ 80.496706, 78.879598, 81.22176, 83.988253 ] }, { "date": "2025-05-30", "close": 80.813429, "volume": 330432, "typical_volume": 420019.7, "trend": 87.230285, "fair_value": 80.285627, "relative_strength": -10.274781, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.972194, "energy": 23.643519, "activity_lines": [ 80.808848, 79.27574, 80.904881, 83.556965 ] }, { "date": "2025-06-06", "close": 82.541009, "volume": 250108, "typical_volume": 417336.65, "trend": 86.762806, "fair_value": 80.330099, "relative_strength": -9.6646, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.645902, "energy": 21.841577, "activity_lines": [ 81.448184, 80.030307, 80.791582, 83.254431 ] }, { "date": "2025-06-13", "close": 81.981509, "volume": 203003, "typical_volume": 416791.3, "trend": 86.371092, "fair_value": 80.41015, "relative_strength": -9.831837, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.987116, "energy": 16.15815, "activity_lines": [ 81.684417, 80.674223, 80.674828, 82.94596 ] }, { "date": "2025-06-20", "close": 82.177824, "volume": 187925, "typical_volume": 399841.6, "trend": 85.882423, "fair_value": 80.471481, "relative_strength": -9.350266, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.023704, "energy": 13.357256, "activity_lines": [ 81.844087, 81.211593, 80.633087, 82.675427 ] }, { "date": "2025-06-27", "close": 84.546248, "volume": 396596, "typical_volume": 400646.2, "trend": 85.427928, "fair_value": 80.550992, "relative_strength": -9.716554, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.330214, "energy": 11.250168, "activity_lines": [ 82.885501, 82.018785, 80.868516, 82.589222 ] }, { "date": "2025-07-04", "close": 88.121955, "volume": 265281, "typical_volume": 400616.75, "trend": 85.131232, "fair_value": 80.656186, "relative_strength": -7.413387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 17.308261, "energy": 32.724905, "activity_lines": [ 84.788818, 83.287413, 81.475779, 82.76303 ] }, { "date": "2025-07-11", "close": 88.053002, "volume": 172233, "typical_volume": 398028.25, "trend": 84.859167, "fair_value": 80.763372, "relative_strength": -7.092778, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.812275, "energy": 58.478576, "activity_lines": [ 86.181915, 84.342803, 82.092975, 82.951531 ] }, { "date": "2025-07-18", "close": 86.752745, "volume": 176125, "typical_volume": 382210.1, "trend": 84.703064, "fair_value": 80.845241, "relative_strength": -8.79101, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 24.467618, "energy": 56.477728, "activity_lines": [ 86.774128, 85.002492, 82.590864, 83.073698 ] }, { "date": "2025-07-25", "close": 88.269711, "volume": 309099, "typical_volume": 375647.05, "trend": 84.590537, "fair_value": 80.914359, "relative_strength": -8.242016, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.593797, "energy": 62.332064, "activity_lines": [ 87.553913, 85.812515, 83.238402, 83.303804 ] }, { "date": "2025-08-01", "close": 84.034026, "volume": 218214, "typical_volume": 361669.95, "trend": 84.336821, "fair_value": 80.95959, "relative_strength": -10.179161, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.926981, "energy": 37.061087, "activity_lines": [ 86.515678, 85.766816, 83.468892, 83.2679 ] }, { "date": "2025-08-08", "close": 86.309476, "volume": 222928, "typical_volume": 361587.0, "trend": 84.246681, "fair_value": 80.996903, "relative_strength": -9.703499, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.36113, "energy": 26.708866, "activity_lines": [ 86.270074, 86.054149, 83.909614, 83.395168 ] }, { "date": "2025-08-15", "close": 89.766977, "volume": 209035, "typical_volume": 360741.4, "trend": 84.138731, "fair_value": 81.063594, "relative_strength": -6.777184, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.171037, "energy": 35.822017, "activity_lines": [ 87.297802, 86.87019, 84.665057, 83.751316 ] }, { "date": "2025-08-22", "close": 93.185076, "volume": 214015, "typical_volume": 338461.55, "trend": 84.117975, "fair_value": 81.167902, "relative_strength": -3.306849, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.34912, "energy": 61.213246, "activity_lines": [ 89.350632, 88.176322, 85.709288, 84.334952 ] }, { "date": "2025-08-29", "close": 92.909264, "volume": 320486, "typical_volume": 289999.5, "trend": 84.114442, "fair_value": 81.295945, "relative_strength": -3.348653, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.919501, "energy": 82.318987, "activity_lines": [ 90.882702, 89.228606, 86.636646, 84.902131 ] }, { "date": "2025-09-05", "close": 94.396679, "volume": 242729, "typical_volume": 286902.4, "trend": 84.223759, "fair_value": 81.421945, "relative_strength": -1.956052, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.832776, "energy": 88.034535, "activity_lines": [ 92.601274, 90.356212, 87.612447, 85.565502 ] }, { "date": "2025-09-12", "close": 93.72685, "volume": 451951, "typical_volume": 290118.95, "trend": 84.295093, "fair_value": 81.562087, "relative_strength": -3.961489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.646997, "energy": 86.235016, "activity_lines": [ 93.405726, 91.182931, 88.428129, 86.178604 ] }, { "date": "2025-09-19", "close": 94.426231, "volume": 263112, "typical_volume": 275810.75, "trend": 84.475838, "fair_value": 81.732544, "relative_strength": -4.209538, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.995899, "energy": 81.951697, "activity_lines": [ 93.948813, 92.034904, 89.231163, 86.832226 ] }, { "date": "2025-09-26", "close": 93.920575, "volume": 237518, "typical_volume": 273404.25, "trend": 84.678538, "fair_value": 81.908313, "relative_strength": -4.238601, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.536135, "energy": 67.007891, "activity_lines": [ 94.012731, 92.679063, 89.913972, 87.441564 ] }, { "date": "2025-10-03", "close": 95.901604, "volume": 210851, "typical_volume": 263388.35, "trend": 85.028478, "fair_value": 82.085017, "relative_strength": -3.129536, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.720915, "energy": 62.193313, "activity_lines": [ 94.687959, 93.553084, 90.718455, 88.165633 ] }, { "date": "2025-10-10", "close": 90.344818, "volume": 234311, "typical_volume": 255797.6, "trend": 85.284182, "fair_value": 82.222936, "relative_strength": -6.267568, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.703113, "energy": 45.949049, "activity_lines": [ 93.311436, 93.278019, 90.934959, 88.508622 ] }, { "date": "2025-10-17", "close": 93.128163, "volume": 172421, "typical_volume": 247897.05, "trend": 85.613422, "fair_value": 82.362603, "relative_strength": -4.805323, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.643596, "energy": 36.276748, "activity_lines": [ 93.132819, 93.394275, 91.36536, 89.014686 ] }, { "date": "2025-10-24", "close": 96.427567, "volume": 136443, "typical_volume": 242213.8, "trend": 86.092667, "fair_value": 82.493591, "relative_strength": -3.148096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.118927, "energy": 45.579545, "activity_lines": [ 94.093915, 93.986446, 92.051349, 89.712372 ] }, { "date": "2025-10-31", "close": 94.088962, "volume": 134405, "typical_volume": 238783.9, "trend": 86.757021, "fair_value": 82.616367, "relative_strength": -5.922967, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.665442, "energy": 35.198846, "activity_lines": [ 94.142054, 94.032315, 92.448487, 90.228262 ] }, { "date": "2025-11-07", "close": 94.178109, "volume": 190983, "typical_volume": 238936.8, "trend": 87.451832, "fair_value": 82.718395, "relative_strength": -3.987523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.588777, "energy": 38.216355, "activity_lines": [ 94.208683, 94.077959, 92.79646, 90.707042 ] }, { "date": "2025-11-14", "close": 93.891553, "volume": 160827, "typical_volume": 227148.35, "trend": 88.109279, "fair_value": 82.823572, "relative_strength": -4.136143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.600859, "energy": 37.022488, "activity_lines": [ 94.294692, 94.048431, 93.059998, 91.122508 ] }, { "date": "2025-11-21", "close": 92.038598, "volume": 315810, "typical_volume": 229674.8, "trend": 88.607785, "fair_value": 82.911169, "relative_strength": -3.872492, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.596168, "energy": 22.379456, "activity_lines": [ 93.526601, 93.691186, 93.102563, 91.376013 ] }, { "date": "2025-11-28", "close": 96.446387, "volume": 156379, "typical_volume": 228882.1, "trend": 89.179598, "fair_value": 83.022183, "relative_strength": -2.552712, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.59346, "energy": 32.540008, "activity_lines": [ 94.300411, 94.166053, 93.546267, 91.881729 ] }, { "date": "2025-12-05", "close": 97.526047, "volume": 192028, "typical_volume": 229677.25, "trend": 89.768751, "fair_value": 83.163408, "relative_strength": -1.539662, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.695966, "energy": 38.690358, "activity_lines": [ 95.432853, 94.800492, 94.052827, 92.420209 ] }, { "date": "2025-12-12", "close": 99.760945, "volume": 234747, "typical_volume": 225959.65, "trend": 90.30872, "fair_value": 83.331201, "relative_strength": 1.497753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.359088, "energy": 53.643573, "activity_lines": [ 97.081122, 95.775722, 94.720932, 93.064867 ] }, { "date": "2025-12-19", "close": 98.732989, "volume": 133496, "typical_volume": 221723.75, "trend": 90.946611, "fair_value": 83.490741, "relative_strength": 0.483295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.849979, "energy": 66.649702, "activity_lines": [ 98.014549, 96.493881, 95.236418, 93.608368 ] }, { "date": "2025-12-26", "close": 99.071437, "volume": 207625, "typical_volume": 220958.6, "trend": 91.555211, "fair_value": 83.653533, "relative_strength": -0.428711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.751121, "energy": 69.711251, "activity_lines": [ 98.73803, 97.121064, 95.714141, 94.132551 ] }, { "date": "2026-01-02", "close": 98.125338, "volume": 210865, "typical_volume": 221050.1, "trend": 92.074689, "fair_value": 83.793059, "relative_strength": -0.17573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.527625, "energy": 61.351082, "activity_lines": [ 98.677289, 97.468169, 96.040988, 94.55643 ] }, { "date": "2026-01-09", "close": 103.144639, "volume": 257160, "typical_volume": 223207.35, "trend": 92.780127, "fair_value": 83.941965, "relative_strength": 3.372807, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.799435, "energy": 71.456005, "activity_lines": [ 100.177719, 98.697006, 96.806062, 95.27062 ] }, { "date": "2026-01-16", "close": 104.459218, "volume": 238102, "typical_volume": 219088.15, "trend": 93.52284, "fair_value": 84.103719, "relative_strength": 5.145547, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.041504, "energy": 79.888036, "activity_lines": [ 101.741768, 100.000208, 97.648908, 96.02411 ] }, { "date": "2026-01-23", "close": 104.190327, "volume": 208139, "typical_volume": 217358.65, "trend": 94.177642, "fair_value": 84.250427, "relative_strength": 5.314215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.380298, "energy": 79.099237, "activity_lines": [ 102.902969, 101.067592, 98.411145, 96.712335 ] }, { "date": "2026-01-30", "close": 103.901518, "volume": 209864, "typical_volume": 205254.3, "trend": 94.703628, "fair_value": 84.365844, "relative_strength": 4.693579, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.638066, "energy": 81.226281, "activity_lines": [ 103.604078, 101.895215, 99.099241, 97.339682 ] }, { "date": "2026-02-06", "close": 108.482626, "volume": 307195, "typical_volume": 207458.45, "trend": 95.384615, "fair_value": 84.531857, "relative_strength": 9.469901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.649861, "energy": 88.291032, "activity_lines": [ 105.510217, 103.340077, 100.175181, 98.228649 ] }, { "date": "2026-02-13", "close": 107.098334, "volume": 301455, "typical_volume": 210655.3, "trend": 96.062801, "fair_value": 84.681388, "relative_strength": 9.404064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.430952, "energy": 78.817995, "activity_lines": [ 106.26444, 104.314409, 101.052349, 98.984373 ] }, { "date": "2026-02-20", "close": 107.576363, "volume": 232039, "typical_volume": 211714.7, "trend": 96.706357, "fair_value": 84.850915, "relative_strength": 8.581769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.685741, "energy": 78.832327, "activity_lines": [ 106.914426, 105.201614, 101.912292, 99.727184 ] }, { "date": "2026-02-27", "close": 105.066812, "volume": 192386, "typical_volume": 209618.45, "trend": 97.407449, "fair_value": 84.992536, "relative_strength": 6.529289, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.100097, "energy": 64.523666, "activity_lines": [ 106.520086, 105.490438, 102.477636, 100.266568 ] }, { "date": "2026-03-06", "close": 101.710553, "volume": 272271, "typical_volume": 214610.95, "trend": 97.920819, "fair_value": 85.157425, "relative_strength": 5.19626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.214714, "energy": 41.436278, "activity_lines": [ 104.94856, 105.053873, 102.653232, 100.544187 ] }, { "date": "2026-03-13", "close": 99.300492, "volume": 293849, "typical_volume": 222481.25, "trend": 98.238602, "fair_value": 85.326947, "relative_strength": 4.249884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.292161, "energy": 20.208216, "activity_lines": [ 102.719745, 104.131131, 102.55843, 100.633199 ] }, { "date": "2026-03-20", "close": 98.364353, "volume": 123619, "typical_volume": 221941.95, "trend": 98.411245, "fair_value": 85.489962, "relative_strength": 5.127214, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.161996, "energy": 22.276314, "activity_lines": [ 100.791025, 103.016815, 102.360791, 100.641311 ] }, { "date": "2026-03-27", "close": 99.93, "volume": 337842, "typical_volume": 229284.9, "trend": 98.64527, "fair_value": 85.64366, "relative_strength": 9.119539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.452063, "energy": 23.520484, "activity_lines": [ 99.966454, 102.274077, 102.291902, 100.739296 ] }, { "date": "2026-04-03", "close": 102.13, "volume": 185079, "typical_volume": 230497.5, "trend": 98.903047, "fair_value": 85.823338, "relative_strength": 7.720669, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.377673, "energy": 19.75914, "activity_lines": [ 100.384973, 102.013689, 102.405147, 100.964117 ] }, { "date": "2026-04-10", "close": 105.53, "volume": 186312, "typical_volume": 224022.6, "trend": 99.296485, "fair_value": 86.02065, "relative_strength": 7.202009, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.661933, "energy": 16.634557, "activity_lines": [ 102.132613, 102.408942, 102.802971, 101.391662 ] }, { "date": "2026-04-17", "close": 109.47, "volume": 177990, "typical_volume": 225103.15, "trend": 99.797944, "fair_value": 86.244184, "relative_strength": 6.235926, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 59.819943, "energy": 42.496268, "activity_lines": [ 104.938957, 103.490951, 103.511789, 102.048018 ] }, { "date": "2026-04-24", "close": 109.986821, "volume": 247951, "typical_volume": 227899.3, "trend": 100.333486, "fair_value": 86.473803, "relative_strength": 5.994307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.625469, "energy": 73.155287, "activity_lines": [ 107.239607, 104.648974, 104.20781, 102.705365 ] }, { "date": "2026-05-01", "close": 110.634632, "volume": 537645, "typical_volume": 243044.2, "trend": 100.824587, "fair_value": 86.715232, "relative_strength": 5.458266, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.325917, "energy": 80.133199, "activity_lines": [ 108.981363, 105.872264, 104.90619, 103.369955 ] }, { "date": "2026-05-08", "close": 111.023034, "volume": 301853, "typical_volume": 251462.05, "trend": 101.513861, "fair_value": 86.968616, "relative_strength": 3.29283, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.831966, "energy": 82.833267, "activity_lines": [ 110.138944, 107.110567, 105.589782, 104.027919 ] }, { "date": "2026-05-15", "close": 107.457708, "volume": 191827, "typical_volume": 250672.15, "trend": 101.991512, "fair_value": 87.190162, "relative_strength": -0.275142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.357517, "energy": 73.935635, "activity_lines": [ 109.515214, 107.592334, 105.875294, 104.411393 ] }, { "date": "2026-05-22", "close": 110.694386, "volume": 264070, "typical_volume": 253332.4, "trend": 102.467073, "fair_value": 87.43324, "relative_strength": 1.710663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.730099, "energy": 58.856093, "activity_lines": [ 109.841863, 108.558095, 106.429127, 104.972869 ] }, { "date": "2026-05-29", "close": 111.779918, "volume": 159269, "typical_volume": 248437.85, "trend": 103.056771, "fair_value": 87.667843, "relative_strength": 1.115413, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.438166, "energy": 53.450909, "activity_lines": [ 110.448731, 109.514063, 107.026492, 105.573698 ] }, { "date": "2026-06-05", "close": 111.252091, "volume": 220981, "typical_volume": 247581.8, "trend": 103.625904, "fair_value": 87.889658, "relative_strength": 3.06503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.580363, "energy": 49.809112, "activity_lines": [ 110.760116, 110.130143, 107.532467, 106.102428 ] }, { "date": "2026-06-12", "close": 115.78344, "volume": 168797, "typical_volume": 245614.7, "trend": 104.355634, "fair_value": 88.139434, "relative_strength": 6.415097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.01925, "energy": 70.670911, "activity_lines": [ 112.540787, 111.364249, 108.437652, 106.886785 ] }, { "date": "2026-06-19", "close": 114.37922, "volume": 238283, "typical_volume": 247035.65, "trend": 105.100321, "fair_value": 88.397391, "relative_strength": 3.974834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.721156, "energy": 72.082682, "activity_lines": [ 113.536024, 112.094797, 109.153896, 107.533468 ] }, { "date": "2026-06-26", "close": 117.15, "volume": 221487, "typical_volume": 242750.25, "trend": 105.790441, "fair_value": 88.65122, "relative_strength": 8.778583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.794755, "energy": 81.783302, "activity_lines": [ 114.99342, 113.168229, 110.08413, 108.310867 ] }, { "date": "2026-07-03", "close": 116.17, "volume": 212726, "typical_volume": 238313.8, "trend": 106.411906, "fair_value": 88.904578, "relative_strength": 5.396446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.795574, "energy": 79.416431, "activity_lines": [ 115.693775, 113.923843, 110.879758, 108.980516 ] }, { "date": "2026-07-10", "close": 115.88, "volume": 154095, "typical_volume": 234416.6, "trend": 106.949208, "fair_value": 89.14076, "relative_strength": 3.572583, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.439599, "energy": 68.509084, "activity_lines": [ 116.004792, 114.514308, 111.604569, 109.591361 ] }, { "date": "2026-07-17", "close": 117.575, "volume": 236878, "typical_volume": 236641.2, "trend": 107.577275, "fair_value": 89.378968, "relative_strength": 6.481551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.887348, "energy": 71.723075, "activity_lines": [ 116.572281, 115.317584, 112.451266, 110.276896 ] }, { "date": "2026-07-24", "close": 116.6446, "volume": 198228, "typical_volume": 232939.05, "trend": 108.163047, "fair_value": 89.604128, "relative_strength": 6.018292, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.033402, "energy": 55.670197, "activity_lines": [ 116.7102, 115.83257, 113.149792, 110.861884 ] }, { "date": "2026-07-31", "close": 116.74, "volume": 184895, "typical_volume": 227491.35, "trend": 108.783536, "fair_value": 89.834683, "relative_strength": 4.689299, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.897123, "energy": 51.960205, "activity_lines": [ 116.728893, 116.197867, 113.786289, 111.415236 ] }, { "date": "2026-08-07", "close": 119.48, "volume": 177855, "typical_volume": 230203.15, "trend": 109.328048, "fair_value": 90.089098, "relative_strength": 3.278239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.269874, "energy": 57.652497, "activity_lines": [ 117.688253, 116.951426, 114.600692, 112.105331 ] } ], "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." } } }