{ "ticker": { "uuid": "431a5e15-e5c6-4124-804a-395fba99a291", "symbol": "XDU", "name": "iShares Core MSCI US Quality Dividend Index ETF", "exchange": "TOR", "country": "CA", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 92.002, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 72.234, "architecture_energy": 61.208, "architecture_maturity": 95.639, "architecture_confidence": 74.144, "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": 8.01, "rotation_up": 60.55, "upward_expansion": 86.13, "deceleration": 65.75, "rotation_down": 24.91, "downward_expansion": 10.46 }, "activity_lines": [ 37.819513, 37.626894, 36.855602, 36.268793 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 38.060001, "trend_reference": 35.598801, "distance_from_trend": 0.069137, "trend_direction": "Improving", "fair_value": 31.865162, "distance_from_fair_value": 0.194408, "fair_value_direction": "Improving", "relative_strength": -2.498342, "relative_strength_direction": "Improving", "price_momentum": 0.077857, "excess_performance": -0.042564, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.069137, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.035717, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.194408, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.080264, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.024983, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.056314, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.077857, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.875476, "read": "Supply-led" } ], "volume": { "latest": 16900, "relative_activity": 1.434026, "balance": 0.875476, "dry_up": 1.569792, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.021247, "annualized_volatility": 0.104312, "from_high_reference": -0.020587, "from_low_reference": 0.195433 }, "levels": { "trend_reference": 35.598801, "fair_value_reference": 31.865162, "structural_low": 33.457291, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 36, "median_return": 0.011156, "positive_rate": 0.722222, "directional_follow_through": 0.722222, "median_excess_return": -0.004732, "regime_survival": 0.833333, "best_return": 0.056282, "worst_return": -0.074189, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.018682, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.006554, "regime_survival": 0.583333, "best_return": 0.10139, "worst_return": -0.029689, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.033229, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": -0.006483, "regime_survival": 0.571429, "best_return": 0.106033, "worst_return": -0.064209, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.0212, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.006785, "regime_survival": 0.5, "best_return": 0.268786, "worst_return": -0.018831, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-05-03", "tenure": "Established", "return": 0.097388, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-05-17", "tenure": "New", "return": 0.008222, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-12-27", "tenure": "Extended", "return": 0.113662, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": -0.01917, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.002472, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-31", "end": "2025-02-07", "tenure": "New", "return": -0.022838, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-14", "end": "2025-02-21", "tenure": "New", "return": 0.017996, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-28", "end": "2025-03-28", "tenure": "Developing", "return": -0.038901, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-27", "tenure": "Established", "return": 0.051043, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-04", "end": "2025-07-18", "tenure": "New", "return": 0.002241, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-09-05", "tenure": "Developing", "return": 0.025396, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2026-01-02", "tenure": "Established", "return": -0.015242, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-02-06", "tenure": "Developing", "return": 0.050346, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-13", "end": "2026-08-07", "tenure": "Established", "return": 0.079374, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 26.926027, "volume": 10144, "typical_volume": 20452.4, "trend": 26.279953, "fair_value": 24.487114, "relative_strength": 3.936086, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.701435, "energy": 78.099892, "activity_lines": [ 27.014996, 26.736099, 26.394509, 26.309969 ] }, { "date": "2023-08-25", "close": 26.970247, "volume": 19008, "typical_volume": 20923.05, "trend": 26.293842, "fair_value": 24.525786, "relative_strength": 3.861691, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.204977, "energy": 71.332452, "activity_lines": [ 27.008159, 26.823359, 26.463425, 26.354504 ] }, { "date": "2023-09-01", "close": 27.338585, "volume": 7128, "typical_volume": 20461.55, "trend": 26.311269, "fair_value": 24.569138, "relative_strength": 1.555727, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.648743, "energy": 72.951505, "activity_lines": [ 27.114821, 26.961455, 26.564227, 26.421907 ] }, { "date": "2023-09-08", "close": 27.062336, "volume": 7494, "typical_volume": 19840.1, "trend": 26.332599, "fair_value": 24.610476, "relative_strength": 2.763531, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.967042, "energy": 49.026046, "activity_lines": [ 27.110745, 27.016139, 26.633336, 26.470363 ] }, { "date": "2023-09-15", "close": 26.990709, "volume": 13435, "typical_volume": 20018.35, "trend": 26.338766, "fair_value": 24.650438, "relative_strength": -0.287309, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.560449, "energy": 45.3923, "activity_lines": [ 27.072344, 27.042293, 26.692714, 26.512822 ] }, { "date": "2023-09-22", "close": 26.346132, "volume": 6579, "typical_volume": 18336.8, "trend": 26.338114, "fair_value": 24.687784, "relative_strength": 1.448453, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.217471, "energy": 24.674468, "activity_lines": [ 26.835195, 26.932598, 26.688392, 26.513297 ] }, { "date": "2023-09-29", "close": 26.226177, "volume": 3290, "typical_volume": 17400.1, "trend": 26.324704, "fair_value": 24.723077, "relative_strength": 2.147798, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.751042, "energy": 19.145204, "activity_lines": [ 26.59672, 26.798052, 26.669875, 26.506075 ] }, { "date": "2023-10-06", "close": 25.918587, "volume": 12336, "typical_volume": 16006.35, "trend": 26.323274, "fair_value": 24.753463, "relative_strength": 2.409152, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -33.793607, "energy": 36.020757, "activity_lines": [ 26.30532, 26.618578, 26.61967, 26.479874 ] }, { "date": "2023-10-13", "close": 26.062128, "volume": 14896, "typical_volume": 16038.35, "trend": 26.337408, "fair_value": 24.784035, "relative_strength": 1.80825, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.201599, "energy": 39.298975, "activity_lines": [ 26.156433, 26.485933, 26.582837, 26.463026 ] }, { "date": "2023-10-20", "close": 25.969852, "volume": 9687, "typical_volume": 16170.8, "trend": 26.339925, "fair_value": 24.815851, "relative_strength": 3.211543, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.292385, "energy": 52.332052, "activity_lines": [ 26.043468, 26.351847, 26.535426, 26.439313 ] }, { "date": "2023-10-27", "close": 25.454182, "volume": 22756, "typical_volume": 16344.5, "trend": 26.30905, "fair_value": 24.849491, "relative_strength": 3.16538, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.822983, "energy": 69.673218, "activity_lines": [ 25.82667, 26.146956, 26.437892, 26.382168 ] }, { "date": "2023-11-03", "close": 26.337934, "volume": 14988, "typical_volume": 16157.2, "trend": 26.310334, "fair_value": 24.884812, "relative_strength": 0.860672, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.635231, "energy": 41.884171, "activity_lines": [ 25.96392, 26.129509, 26.426066, 26.384032 ] }, { "date": "2023-11-10", "close": 26.368757, "volume": 29060, "typical_volume": 16705.5, "trend": 26.315684, "fair_value": 24.914384, "relative_strength": 1.786216, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.243387, "energy": 22.467665, "activity_lines": [ 26.103993, 26.129163, 26.415961, 26.387801 ] }, { "date": "2023-11-17", "close": 26.88257, "volume": 21932, "typical_volume": 16769.45, "trend": 26.330059, "fair_value": 24.94866, "relative_strength": 1.072133, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 21.366271, "energy": 13.374039, "activity_lines": [ 26.385326, 26.23987, 26.450718, 26.424374 ] }, { "date": "2023-11-24", "close": 26.839161, "volume": 9322, "typical_volume": 16902.0, "trend": 26.341195, "fair_value": 24.980677, "relative_strength": 1.249922, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 45.919472, "energy": 35.616266, "activity_lines": [ 26.597494, 26.345954, 26.478135, 26.457219 ] }, { "date": "2023-12-01", "close": 27.024542, "volume": 14897, "typical_volume": 14302.05, "trend": 26.383202, "fair_value": 25.015048, "relative_strength": 0.225406, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 53.69175, "energy": 42.750441, "activity_lines": [ 26.813501, 26.488498, 26.519044, 26.501306 ] }, { "date": "2023-12-08", "close": 27.148127, "volume": 21384, "typical_volume": 14941.75, "trend": 26.430681, "fair_value": 25.050581, "relative_strength": 1.326391, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.509647, "energy": 61.335398, "activity_lines": [ 26.966012, 26.641178, 26.567695, 26.550656 ] }, { "date": "2023-12-15", "close": 27.673374, "volume": 10693, "typical_volume": 14923.45, "trend": 26.491272, "fair_value": 25.088866, "relative_strength": 2.340827, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.084325, "energy": 79.1336, "activity_lines": [ 27.239593, 26.872594, 26.664861, 26.63083 ] }, { "date": "2023-12-22", "close": 27.601282, "volume": 7402, "typical_volume": 14891.45, "trend": 26.555105, "fair_value": 25.127795, "relative_strength": 0.430123, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.642151, "energy": 80.994993, "activity_lines": [ 27.402169, 27.058997, 26.752233, 26.702444 ] }, { "date": "2023-12-29", "close": 27.64254, "volume": 2376, "typical_volume": 12940.35, "trend": 26.617941, "fair_value": 25.165971, "relative_strength": 0.290857, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.28173, "energy": 81.519911, "activity_lines": [ 27.530583, 27.224918, 26.840223, 26.772601 ] }, { "date": "2024-01-05", "close": 27.838812, "volume": 13069, "typical_volume": 13086.6, "trend": 26.686641, "fair_value": 25.203924, "relative_strength": 1.164368, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.952027, "energy": 84.904705, "activity_lines": [ 27.670863, 27.396111, 26.944951, 26.851367 ] }, { "date": "2024-01-12", "close": 28.004084, "volume": 16085, "typical_volume": 12940.45, "trend": 26.750681, "fair_value": 25.241577, "relative_strength": 1.495995, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.422194, "energy": 85.960417, "activity_lines": [ 27.811948, 27.553998, 27.061073, 26.936363 ] }, { "date": "2024-01-19", "close": 28.200356, "volume": 10417, "typical_volume": 13104.9, "trend": 26.840246, "fair_value": 25.281045, "relative_strength": 2.519375, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.016935, "energy": 87.809324, "activity_lines": [ 27.961394, 27.717276, 27.190965, 27.02989 ] }, { "date": "2024-01-26", "close": 28.476368, "volume": 8133, "typical_volume": 13136.85, "trend": 26.915811, "fair_value": 25.32566, "relative_strength": 2.351701, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.801985, "energy": 91.415945, "activity_lines": [ 28.167712, 27.897437, 27.34304, 27.135447 ] }, { "date": "2024-02-02", "close": 28.590229, "volume": 16267, "typical_volume": 13278.45, "trend": 27.003323, "fair_value": 25.367231, "relative_strength": 2.860544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.500362, "energy": 92.758058, "activity_lines": [ 28.353644, 28.069321, 27.499225, 27.243474 ] }, { "date": "2024-02-09", "close": 28.548826, "volume": 16359, "typical_volume": 13767.45, "trend": 27.082323, "fair_value": 25.408783, "relative_strength": 2.965096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.241488, "energy": 90.002746, "activity_lines": [ 28.462596, 28.20184, 27.64385, 27.343184 ] }, { "date": "2024-02-16", "close": 28.704094, "volume": 27507, "typical_volume": 14978.3, "trend": 27.144758, "fair_value": 25.452322, "relative_strength": 2.261683, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.111106, "energy": 90.924055, "activity_lines": [ 28.57597, 28.334875, 27.792774, 27.447814 ] }, { "date": "2024-02-23", "close": 29.28088, "volume": 18003, "typical_volume": 15261.65, "trend": 27.218829, "fair_value": 25.501083, "relative_strength": 3.453231, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.727099, "energy": 95.090927, "activity_lines": [ 28.834939, 28.544491, 27.98483, 27.585628 ] }, { "date": "2024-03-01", "close": 29.602419, "volume": 26685, "typical_volume": 15851.1, "trend": 27.308722, "fair_value": 25.549486, "relative_strength": 3.793387, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.414148, "energy": 94.29053, "activity_lines": [ 29.129052, 28.78334, 28.191498, 27.739408 ] }, { "date": "2024-03-08", "close": 29.633541, "volume": 26137, "typical_volume": 16673.6, "trend": 27.388762, "fair_value": 25.596415, "relative_strength": 2.942366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.318927, "energy": 92.21117, "activity_lines": [ 29.358469, 28.991464, 28.384272, 27.889397 ] }, { "date": "2024-03-15", "close": 29.6854, "volume": 31255, "typical_volume": 17098.55, "trend": 27.480741, "fair_value": 25.642807, "relative_strength": 2.541333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.678274, "energy": 92.048379, "activity_lines": [ 29.535618, 29.172816, 28.564538, 28.037567 ] }, { "date": "2024-03-22", "close": 30.36697, "volume": 32717, "typical_volume": 17985.0, "trend": 27.593965, "fair_value": 25.689319, "relative_strength": 4.171097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.474719, "energy": 96.892243, "activity_lines": [ 29.864186, 29.444516, 28.789567, 28.223775 ] }, { "date": "2024-03-29", "close": 30.574829, "volume": 12612, "typical_volume": 17162.6, "trend": 27.70184, "fair_value": 25.737598, "relative_strength": 3.918019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.864914, "energy": 95.190303, "activity_lines": [ 30.151182, 29.711047, 29.015206, 28.416089 ] }, { "date": "2024-04-05", "close": 30.190296, "volume": 59494, "typical_volume": 19040.7, "trend": 27.806105, "fair_value": 25.78192, "relative_strength": 2.08256, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.446763, "energy": 77.327019, "activity_lines": [ 30.223736, 29.864491, 29.184195, 28.576634 ] }, { "date": "2024-04-12", "close": 29.857742, "volume": 46242, "typical_volume": 20886.7, "trend": 27.901673, "fair_value": 25.822059, "relative_strength": 2.504584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.817445, "energy": 67.427109, "activity_lines": [ 30.146248, 29.926308, 29.30576, 28.708998 ] }, { "date": "2024-04-19", "close": 29.660282, "volume": 26684, "typical_volume": 21476.05, "trend": 28.012145, "fair_value": 25.861244, "relative_strength": 2.138205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.870823, "energy": 63.354306, "activity_lines": [ 29.987993, 29.929178, 29.394145, 28.822457 ] }, { "date": "2024-04-26", "close": 29.896164, "volume": 13891, "typical_volume": 21101.4, "trend": 28.134478, "fair_value": 25.904967, "relative_strength": 2.079588, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.425867, "energy": 52.611624, "activity_lines": [ 29.91004, 29.954726, 29.492444, 28.944006 ] }, { "date": "2024-05-03", "close": 29.792032, "volume": 24583, "typical_volume": 21795.9, "trend": 28.263592, "fair_value": 25.945189, "relative_strength": 1.673701, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.448216, "energy": 41.783355, "activity_lines": [ 29.828763, 29.939668, 29.56774, 29.050945 ] }, { "date": "2024-05-10", "close": 30.395998, "volume": 37561, "typical_volume": 23303.85, "trend": 28.408055, "fair_value": 25.989843, "relative_strength": 1.903138, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.012563, "energy": 48.79001, "activity_lines": [ 30.000994, 30.025128, 29.690468, 29.18852 ] }, { "date": "2024-05-17", "close": 30.645914, "volume": 11605, "typical_volume": 23765.3, "trend": 28.563923, "fair_value": 26.037475, "relative_strength": 1.888013, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 77.865208, "energy": 61.65477, "activity_lines": [ 30.242818, 30.141599, 29.823689, 29.332898 ] }, { "date": "2024-05-24", "close": 30.152597, "volume": 36738, "typical_volume": 24948.75, "trend": 28.720537, "fair_value": 26.081945, "relative_strength": 0.807942, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.042492, "energy": 54.730142, "activity_lines": [ 30.267658, 30.149969, 29.895626, 29.435393 ] }, { "date": "2024-05-31", "close": 30.163027, "volume": 17912, "typical_volume": 25040.1, "trend": 28.84804, "fair_value": 26.12592, "relative_strength": 0.978573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.635296, "energy": 53.363346, "activity_lines": [ 30.263153, 30.151741, 29.957538, 29.528457 ] }, { "date": "2024-06-07", "close": 30.288231, "volume": 21384, "typical_volume": 25588.45, "trend": 28.97869, "fair_value": 26.170073, "relative_strength": 2.487194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.865167, "energy": 48.067006, "activity_lines": [ 30.282592, 30.179985, 30.021093, 29.621372 ] }, { "date": "2024-06-14", "close": 30.215189, "volume": 34635, "typical_volume": 26913.55, "trend": 29.089777, "fair_value": 26.214819, "relative_strength": 3.843599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.768505, "energy": 38.919119, "activity_lines": [ 30.244604, 30.200159, 30.06775, 29.701147 ] }, { "date": "2024-06-21", "close": 30.517761, "volume": 26502, "typical_volume": 27425.3, "trend": 29.212397, "fair_value": 26.260259, "relative_strength": 5.13992, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.893206, "energy": 44.835941, "activity_lines": [ 30.319527, 30.274895, 30.134943, 29.793275 ] }, { "date": "2024-06-28", "close": 30.253183, "volume": 16998, "typical_volume": 27457.25, "trend": 29.320018, "fair_value": 26.30194, "relative_strength": 2.578477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.207436, "energy": 38.182192, "activity_lines": [ 30.314801, 30.289524, 30.16776, 29.860422 ] }, { "date": "2024-07-05", "close": 30.106827, "volume": 4844, "typical_volume": 26324.1, "trend": 29.418642, "fair_value": 26.341368, "relative_strength": 1.154326, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.484172, "energy": 29.934749, "activity_lines": [ 30.254584, 30.266764, 30.178522, 29.911184 ] }, { "date": "2024-07-12", "close": 30.838594, "volume": 12337, "typical_volume": 26040.8, "trend": 29.524149, "fair_value": 26.383298, "relative_strength": 0.707064, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.506314, "energy": 45.898645, "activity_lines": [ 30.442036, 30.373222, 30.252296, 30.002794 ] }, { "date": "2024-07-19", "close": 31.225389, "volume": 18734, "typical_volume": 25643.25, "trend": 29.644952, "fair_value": 26.427583, "relative_strength": 1.792279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.583123, "energy": 57.773937, "activity_lines": [ 30.721729, 30.530977, 30.35549, 30.112551 ] }, { "date": "2024-07-26", "close": 31.705786, "volume": 11789, "typical_volume": 24925.85, "trend": 29.780394, "fair_value": 26.475536, "relative_strength": 2.691032, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.712403, "energy": 82.690087, "activity_lines": [ 31.094207, 30.760998, 30.496708, 30.245508 ] }, { "date": "2024-08-02", "close": 31.391548, "volume": 10145, "typical_volume": 23870.35, "trend": 29.898819, "fair_value": 26.51972, "relative_strength": 4.236745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.318466, "energy": 80.555679, "activity_lines": [ 31.282738, 30.914615, 30.598131, 30.349454 ] }, { "date": "2024-08-09", "close": 31.119217, "volume": 26136, "typical_volume": 23541.3, "trend": 30.002656, "fair_value": 26.560466, "relative_strength": 2.856698, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.722561, "energy": 74.164472, "activity_lines": [ 31.3046, 30.99619, 30.665492, 30.428189 ] }, { "date": "2024-08-16", "close": 31.747677, "volume": 6580, "typical_volume": 23239.7, "trend": 30.1209, "fair_value": 26.601544, "relative_strength": 1.524229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.235567, "energy": 70.64997, "activity_lines": [ 31.468457, 31.174645, 30.789125, 30.540771 ] }, { "date": "2024-08-23", "close": 31.747677, "volume": 7128, "typical_volume": 20621.4, "trend": 30.229944, "fair_value": 26.645403, "relative_strength": 0.509649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.131319, "energy": 57.06033, "activity_lines": [ 31.571708, 31.326565, 30.907173, 30.645724 ] }, { "date": "2024-08-30", "close": 32.113834, "volume": 7769, "typical_volume": 18697.75, "trend": 30.347397, "fair_value": 26.692364, "relative_strength": 1.342619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.991863, "energy": 61.03877, "activity_lines": [ 31.762193, 31.517196, 31.052678, 30.767266 ] }, { "date": "2024-09-06", "close": 31.27425, "volume": 9687, "typical_volume": 17847.9, "trend": 30.438245, "fair_value": 26.735198, "relative_strength": 1.104523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.505003, "energy": 50.120442, "activity_lines": [ 31.645613, 31.526155, 31.107478, 30.827063 ] }, { "date": "2024-09-13", "close": 32.218765, "volume": 11058, "typical_volume": 17706.25, "trend": 30.555401, "fair_value": 26.785342, "relative_strength": 0.595723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.710105, "energy": 54.153807, "activity_lines": [ 31.851691, 31.68828, 31.244546, 30.941935 ] }, { "date": "2024-09-20", "close": 32.365696, "volume": 6305, "typical_volume": 16792.35, "trend": 30.658228, "fair_value": 26.837143, "relative_strength": -0.244247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.894854, "energy": 54.961312, "activity_lines": [ 32.033442, 31.83872, 31.384548, 31.058728 ] }, { "date": "2024-09-27", "close": 32.700882, "volume": 11241, "typical_volume": 15476.35, "trend": 30.76151, "fair_value": 26.892728, "relative_strength": 0.380203, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.097483, "energy": 58.269053, "activity_lines": [ 32.285722, 32.022338, 31.544217, 31.190512 ] }, { "date": "2024-10-04", "close": 32.911167, "volume": 23669, "typical_volume": 16079.55, "trend": 30.870764, "fair_value": 26.950541, "relative_strength": 0.142647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.491326, "energy": 77.722598, "activity_lines": [ 32.544549, 32.217362, 31.712938, 31.3292 ] }, { "date": "2024-10-11", "close": 33.773384, "volume": 9048, "typical_volume": 14695.05, "trend": 31.00703, "fair_value": 27.013631, "relative_strength": 1.412227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.521687, "energy": 90.930563, "activity_lines": [ 33.037626, 32.547237, 31.952987, 31.516466 ] }, { "date": "2024-10-18", "close": 34.057281, "volume": 13526, "typical_volume": 14475.75, "trend": 31.130041, "fair_value": 27.077785, "relative_strength": 0.798212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.832214, "energy": 94.234209, "activity_lines": [ 33.458727, 32.885424, 32.202833, 31.713256 ] }, { "date": "2024-10-25", "close": 33.436905, "volume": 6672, "typical_volume": 13740.15, "trend": 31.225443, "fair_value": 27.137515, "relative_strength": 0.401736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.695591, "energy": 86.636015, "activity_lines": [ 33.550468, 33.057395, 32.375051, 31.862086 ] }, { "date": "2024-11-01", "close": 33.297859, "volume": 13891, "typical_volume": 12702.95, "trend": 31.329029, "fair_value": 27.192319, "relative_strength": 0.780646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.202063, "energy": 84.678216, "activity_lines": [ 33.524446, 33.173373, 32.519032, 31.99579 ] }, { "date": "2024-11-08", "close": 34.193237, "volume": 28239, "typical_volume": 12789.8, "trend": 31.473545, "fair_value": 27.251162, "relative_strength": 1.326776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.819013, "energy": 81.934797, "activity_lines": [ 33.757085, 33.423961, 32.733609, 32.180578 ] }, { "date": "2024-11-15", "close": 34.056305, "volume": 18643, "typical_volume": 12872.05, "trend": 31.620079, "fair_value": 27.309127, "relative_strength": 0.337929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.817108, "energy": 66.513139, "activity_lines": [ 33.858609, 33.611845, 32.917642, 32.347207 ] }, { "date": "2024-11-22", "close": 34.413498, "volume": 25498, "typical_volume": 13904.75, "trend": 31.770657, "fair_value": 27.368622, "relative_strength": -0.840055, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.47752, "energy": 68.258321, "activity_lines": [ 34.060336, 33.81409, 33.117583, 32.527428 ] }, { "date": "2024-11-29", "close": 34.656216, "volume": 46973, "typical_volume": 15636.55, "trend": 31.932796, "fair_value": 27.431062, "relative_strength": -0.975546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.564431, "energy": 69.574959, "activity_lines": [ 34.319221, 34.020562, 33.320133, 32.713593 ] }, { "date": "2024-12-06", "close": 34.445152, "volume": 13799, "typical_volume": 15389.8, "trend": 32.067768, "fair_value": 27.488991, "relative_strength": -1.753942, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.713998, "energy": 67.312187, "activity_lines": [ 34.426464, 34.147013, 33.484402, 32.875681 ] }, { "date": "2024-12-13", "close": 34.001923, "volume": 31619, "typical_volume": 16381.3, "trend": 32.179635, "fair_value": 27.540291, "relative_strength": -1.412391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.132686, "energy": 63.183097, "activity_lines": [ 34.309478, 34.161162, 33.591126, 33.000465 ] }, { "date": "2024-12-20", "close": 33.368748, "volume": 21477, "typical_volume": 16947.9, "trend": 32.28684, "fair_value": 27.587152, "relative_strength": -0.642746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.16626, "energy": 45.129952, "activity_lines": [ 33.994188, 34.040357, 33.626614, 33.077182 ] }, { "date": "2024-12-27", "close": 33.579811, "volume": 14531, "typical_volume": 16367.65, "trend": 32.400733, "fair_value": 27.63427, "relative_strength": -0.857542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.651418, "energy": 28.865045, "activity_lines": [ 33.795089, 33.965284, 33.672788, 33.160599 ] }, { "date": "2025-01-03", "close": 31.889709, "volume": 10026, "typical_volume": 16539.95, "trend": 32.454116, "fair_value": 27.670616, "relative_strength": -6.812218, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -3.975828, "energy": 21.217866, "activity_lines": [ 33.088202, 33.591601, 33.546283, 33.12763 ] }, { "date": "2025-01-10", "close": 31.278374, "volume": 9159, "typical_volume": 16641.5, "trend": 32.489555, "fair_value": 27.704431, "relative_strength": -7.377117, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.73231, "energy": 49.329288, "activity_lines": [ 32.361971, 33.134897, 33.360879, 33.051776 ] }, { "date": "2025-01-17", "close": 32.440907, "volume": 25642, "typical_volume": 17535.15, "trend": 32.55366, "fair_value": 27.751495, "relative_strength": -5.011644, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.909373, "energy": 40.243507, "activity_lines": [ 32.234369, 32.926281, 33.288427, 33.048637 ] }, { "date": "2025-01-24", "close": 32.521095, "volume": 24581, "typical_volume": 18279.85, "trend": 32.629257, "fair_value": 27.797616, "relative_strength": -6.180531, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.54436, "energy": 40.102696, "activity_lines": [ 32.237564, 32.764105, 33.222055, 33.046536 ] }, { "date": "2025-01-31", "close": 32.976097, "volume": 70275, "typical_volume": 21240.7, "trend": 32.724899, "fair_value": 27.844382, "relative_strength": -5.022113, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.740918, "energy": 39.514437, "activity_lines": [ 32.448936, 32.712569, 33.193079, 33.068913 ] }, { "date": "2025-02-07", "close": 32.222984, "volume": 69697, "typical_volume": 24410.3, "trend": 32.771046, "fair_value": 27.888719, "relative_strength": -6.740389, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.215425, "energy": 22.659531, "activity_lines": [ 32.449519, 32.550238, 33.088771, 33.036531 ] }, { "date": "2025-02-14", "close": 32.363567, "volume": 26509, "typical_volume": 25173.7, "trend": 32.808985, "fair_value": 27.93484, "relative_strength": -6.375004, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.202161, "energy": 18.048926, "activity_lines": [ 32.474744, 32.457708, 32.998532, 33.010242 ] }, { "date": "2025-02-21", "close": 32.945969, "volume": 31427, "typical_volume": 25561.6, "trend": 32.850324, "fair_value": 27.984752, "relative_strength": -3.337429, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.900359, "energy": 11.417971, "activity_lines": [ 32.621757, 32.508917, 32.965367, 33.01908 ] }, { "date": "2025-02-28", "close": 33.774662, "volume": 27282, "typical_volume": 26473.3, "trend": 32.929762, "fair_value": 28.03966, "relative_strength": -1.807446, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.565078, "energy": 12.581246, "activity_lines": [ 33.01133, 32.729996, 33.010958, 33.078714 ] }, { "date": "2025-03-07", "close": 33.422527, "volume": 20920, "typical_volume": 26843.0, "trend": 33.006539, "fair_value": 28.095598, "relative_strength": -0.321402, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.829356, "energy": 15.648452, "activity_lines": [ 33.199954, 32.879671, 33.023007, 33.110506 ] }, { "date": "2025-03-14", "close": 32.43655, "volume": 19279, "typical_volume": 27473.35, "trend": 33.029501, "fair_value": 28.141865, "relative_strength": -2.400606, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.225188, "energy": 12.666151, "activity_lines": [ 33.030157, 32.852936, 32.944176, 33.073732 ] }, { "date": "2025-03-21", "close": 32.37619, "volume": 30751, "typical_volume": 28316.35, "trend": 33.050451, "fair_value": 28.18679, "relative_strength": -4.086459, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.967468, "energy": 19.467998, "activity_lines": [ 32.826002, 32.805285, 32.86436, 33.031583 ] }, { "date": "2025-03-28", "close": 32.460804, "volume": 31138, "typical_volume": 28461.3, "trend": 33.062017, "fair_value": 28.232383, "relative_strength": -2.928653, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.509617, "energy": 25.490123, "activity_lines": [ 32.64921, 32.753058, 32.796991, 32.993541 ] }, { "date": "2025-04-04", "close": 29.834705, "volume": 100450, "typical_volume": 32551.65, "trend": 33.014032, "fair_value": 28.25842, "relative_strength": -4.664478, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.566866, "energy": 76.940832, "activity_lines": [ 31.629396, 32.222996, 32.487767, 32.785328 ] }, { "date": "2025-04-11", "close": 29.527237, "volume": 69408, "typical_volume": 34747.15, "trend": 32.924315, "fair_value": 28.282992, "relative_strength": -7.076454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.665439, "energy": 85.9126, "activity_lines": [ 30.769756, 31.685874, 32.169363, 32.560373 ] }, { "date": "2025-04-18", "close": 29.658287, "volume": 14556, "typical_volume": 33126.3, "trend": 32.834068, "fair_value": 28.310368, "relative_strength": -8.823471, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.400302, "energy": 89.371073, "activity_lines": [ 30.213486, 31.235287, 31.886709, 32.349662 ] }, { "date": "2025-04-25", "close": 30.014948, "volume": 29884, "typical_volume": 33930.55, "trend": 32.744537, "fair_value": 28.342529, "relative_strength": -9.470936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.159845, "energy": 84.657366, "activity_lines": [ 29.961321, 30.896177, 31.661821, 32.167783 ] }, { "date": "2025-05-02", "close": 30.43926, "volume": 20340, "typical_volume": 33366.6, "trend": 32.66214, "fair_value": 28.375887, "relative_strength": -9.184458, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.864414, "energy": 78.537003, "activity_lines": [ 30.008009, 30.676918, 31.498441, 32.019056 ] }, { "date": "2025-05-09", "close": 30.590796, "volume": 28148, "typical_volume": 33700.15, "trend": 32.556053, "fair_value": 28.410471, "relative_strength": -9.703932, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.043652, "energy": 52.252718, "activity_lines": [ 30.239978, 30.530786, 31.366458, 31.88542 ] }, { "date": "2025-05-16", "close": 31.651575, "volume": 21979, "typical_volume": 34072.55, "trend": 32.475863, "fair_value": 28.457881, "relative_strength": -8.590839, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.736601, "energy": 31.611628, "activity_lines": [ 30.775135, 30.635413, 31.348729, 31.827067 ] }, { "date": "2025-05-23", "close": 30.472578, "volume": 9929, "typical_volume": 34067.7, "trend": 32.377052, "fair_value": 28.489433, "relative_strength": -11.461791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.453309, "energy": 25.97472, "activity_lines": [ 30.77567, 30.557875, 31.227897, 31.697823 ] }, { "date": "2025-05-30", "close": 30.786417, "volume": 12436, "typical_volume": 34231.55, "trend": 32.293338, "fair_value": 28.527064, "relative_strength": -11.329768, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.382983, "energy": 21.253078, "activity_lines": [ 30.826532, 30.573108, 31.143703, 31.595201 ] }, { "date": "2025-06-06", "close": 30.999016, "volume": 10025, "typical_volume": 33450.7, "trend": 32.186864, "fair_value": 28.569427, "relative_strength": -11.314, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.540041, "energy": 20.123149, "activity_lines": [ 30.896829, 30.655899, 31.082099, 31.511697 ] }, { "date": "2025-06-13", "close": 30.837034, "volume": 15521, "typical_volume": 32997.7, "trend": 32.079555, "fair_value": 28.616472, "relative_strength": -11.72919, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.043139, "energy": 22.998679, "activity_lines": [ 30.875814, 30.735818, 31.011934, 31.424611 ] }, { "date": "2025-06-20", "close": 30.988892, "volume": 7809, "typical_volume": 29874.4, "trend": 31.965401, "fair_value": 28.658154, "relative_strength": -10.951709, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.418578, "energy": 18.488478, "activity_lines": [ 30.889004, 30.825123, 30.964252, 31.354245 ] }, { "date": "2025-06-27", "close": 31.357552, "volume": 7809, "typical_volume": 26780.0, "trend": 31.855446, "fair_value": 28.704875, "relative_strength": -10.276116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.651812, "energy": 14.142968, "activity_lines": [ 31.069259, 30.954881, 30.961142, 31.315029 ] }, { "date": "2025-07-04", "close": 31.692335, "volume": 8097, "typical_volume": 25859.4, "trend": 31.763685, "fair_value": 28.750748, "relative_strength": -10.265617, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.247434, "energy": 8.824756, "activity_lines": [ 31.30211, 31.114614, 30.994038, 31.304506 ] }, { "date": "2025-07-11", "close": 31.925663, "volume": 8676, "typical_volume": 24721.85, "trend": 31.694476, "fair_value": 28.798053, "relative_strength": -9.273836, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.072609, "energy": 24.087126, "activity_lines": [ 31.552342, 31.286272, 31.052352, 31.314956 ] }, { "date": "2025-07-18", "close": 31.763346, "volume": 11086, "typical_volume": 23912.05, "trend": 31.640963, "fair_value": 28.844764, "relative_strength": -10.413644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.411125, "energy": 44.056098, "activity_lines": [ 31.686692, 31.401392, 31.100066, 31.3194 ] }, { "date": "2025-07-25", "close": 32.133625, "volume": 4435, "typical_volume": 23087.8, "trend": 31.592757, "fair_value": 28.891494, "relative_strength": -9.668245, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.267077, "energy": 58.524377, "activity_lines": [ 31.882715, 31.562516, 31.192622, 31.351184 ] }, { "date": "2025-08-01", "close": 31.492201, "volume": 8677, "typical_volume": 22557.7, "trend": 31.579506, "fair_value": 28.932262, "relative_strength": -9.586736, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.595994, "energy": 44.768233, "activity_lines": [ 31.788614, 31.598253, 31.230228, 31.344697 ] }, { "date": "2025-08-08", "close": 31.898817, "volume": 8965, "typical_volume": 21468.4, "trend": 31.600188, "fair_value": 28.973403, "relative_strength": -10.527268, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.046364, "energy": 31.571553, "activity_lines": [ 31.821075, 31.689382, 31.311056, 31.365297 ] }, { "date": "2025-08-15", "close": 32.569725, "volume": 3856, "typical_volume": 20104.3, "trend": 31.604482, "fair_value": 29.015719, "relative_strength": -8.839494, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.38154, "energy": 50.263176, "activity_lines": [ 32.063406, 31.882269, 31.458053, 31.427848 ] }, { "date": "2025-08-22", "close": 33.291462, "volume": 7134, "typical_volume": 15438.5, "trend": 31.630161, "fair_value": 29.068733, "relative_strength": -7.965266, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 62.709269, "energy": 74.026844, "activity_lines": [ 32.503379, 32.177822, 31.673269, 31.536686 ] }, { "date": "2025-08-29", "close": 32.89875, "volume": 3277, "typical_volume": 12131.95, "trend": 31.627582, "fair_value": 29.122553, "relative_strength": -9.48254, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.957449, "energy": 76.477711, "activity_lines": [ 32.710574, 32.357347, 31.834622, 31.61853 ] }, { "date": "2025-09-05", "close": 32.949677, "volume": 6846, "typical_volume": 11746.45, "trend": 31.651806, "fair_value": 29.173248, "relative_strength": -10.536787, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 70.307095, "energy": 87.050879, "activity_lines": [ 32.883736, 32.511407, 31.984771, 31.703827 ] }, { "date": "2025-09-12", "close": 33.112644, "volume": 7134, "typical_volume": 10608.95, "trend": 31.676775, "fair_value": 29.227736, "relative_strength": -10.489481, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.746102, "energy": 87.270318, "activity_lines": [ 33.014055, 32.66615, 32.134767, 31.798074 ] }, { "date": "2025-09-19", "close": 32.970047, "volume": 13496, "typical_volume": 10266.75, "trend": 31.677577, "fair_value": 29.283493, "relative_strength": -11.992876, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.700099, "energy": 72.045816, "activity_lines": [ 33.01592, 32.769142, 32.256432, 31.881511 ] }, { "date": "2025-09-26", "close": 33.494263, "volume": 10412, "typical_volume": 9379.95, "trend": 31.668231, "fair_value": 29.345236, "relative_strength": -10.243679, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.616021, "energy": 67.069148, "activity_lines": [ 33.165836, 32.948457, 32.41597, 31.998717 ] }, { "date": "2025-10-03", "close": 34.096382, "volume": 8290, "typical_volume": 8695.5, "trend": 31.690693, "fair_value": 29.410456, "relative_strength": -10.426309, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.948682, "energy": 77.434573, "activity_lines": [ 33.502938, 33.205777, 32.619028, 32.155372 ] }, { "date": "2025-10-10", "close": 33.208515, "volume": 11471, "typical_volume": 8772.6, "trend": 31.716425, "fair_value": 29.467677, "relative_strength": -10.576021, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.007012, "energy": 59.365129, "activity_lines": [ 33.464242, 33.26598, 32.725884, 32.253296 ] }, { "date": "2025-10-17", "close": 33.626926, "volume": 14171, "typical_volume": 8859.35, "trend": 31.758116, "fair_value": 29.525339, "relative_strength": -9.868522, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.065488, "energy": 59.793278, "activity_lines": [ 33.547761, 33.371053, 32.859561, 32.376554 ] }, { "date": "2025-10-24", "close": 33.902489, "volume": 5302, "typical_volume": 8623.2, "trend": 31.806172, "fair_value": 29.576303, "relative_strength": -9.511308, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.170309, "energy": 61.792733, "activity_lines": [ 33.688848, 33.494807, 33.005956, 32.5149 ] }, { "date": "2025-10-31", "close": 33.516701, "volume": 12340, "typical_volume": 8464.15, "trend": 31.928905, "fair_value": 29.62813, "relative_strength": -9.895537, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.446281, "energy": 51.658025, "activity_lines": [ 33.639177, 33.524186, 33.101783, 32.625257 ] }, { "date": "2025-11-07", "close": 33.445126, "volume": 67288, "typical_volume": 11438.1, "trend": 32.059502, "fair_value": 29.675457, "relative_strength": -8.664741, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.071112, "energy": 47.72943, "activity_lines": [ 33.564151, 33.536457, 33.178033, 32.723078 ] }, { "date": "2025-11-14", "close": 33.92569, "volume": 10893, "typical_volume": 11592.3, "trend": 32.201748, "fair_value": 29.723682, "relative_strength": -8.258411, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.130778, "energy": 50.857171, "activity_lines": [ 33.692731, 33.626168, 33.288355, 32.843477 ] }, { "date": "2025-11-21", "close": 33.868225, "volume": 13592, "typical_volume": 11867.05, "trend": 32.330191, "fair_value": 29.768455, "relative_strength": -7.5757, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.620637, "energy": 46.62645, "activity_lines": [ 33.754344, 33.687686, 33.380974, 32.950992 ] }, { "date": "2025-11-28", "close": 34.472649, "volume": 12242, "typical_volume": 12045.35, "trend": 32.464637, "fair_value": 29.814147, "relative_strength": -9.226488, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.921401, "energy": 56.789283, "activity_lines": [ 34.001345, 33.845361, 33.520797, 33.089215 ] }, { "date": "2025-12-05", "close": 33.796509, "volume": 18508, "typical_volume": 12416.45, "trend": 32.571494, "fair_value": 29.856469, "relative_strength": -10.431981, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.924613, "energy": 47.964936, "activity_lines": [ 33.984955, 33.852781, 33.584096, 33.175142 ] }, { "date": "2025-12-12", "close": 33.919445, "volume": 9060, "typical_volume": 12647.7, "trend": 32.64709, "fair_value": 29.901827, "relative_strength": -10.336517, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.392211, "energy": 44.523354, "activity_lines": [ 33.99089, 33.877058, 33.649422, 33.262106 ] }, { "date": "2025-12-19", "close": 33.755527, "volume": 29885, "typical_volume": 13708.1, "trend": 32.756522, "fair_value": 29.946392, "relative_strength": -10.992906, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.724175, "energy": 38.825585, "activity_lines": [ 33.910564, 33.874749, 33.690633, 33.333619 ] }, { "date": "2025-12-26", "close": 33.714558, "volume": 4145, "typical_volume": 13467.1, "trend": 32.854126, "fair_value": 29.991741, "relative_strength": -11.349634, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.319568, "energy": 24.692852, "activity_lines": [ 33.827927, 33.855045, 33.717165, 33.395427 ] }, { "date": "2026-01-02", "close": 32.607925, "volume": 11238, "typical_volume": 13836.2, "trend": 32.907757, "fair_value": 30.026641, "relative_strength": -13.59814, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 1.968942, "energy": 10.440144, "activity_lines": [ 33.386656, 33.632542, 33.629656, 33.379543 ] }, { "date": "2026-01-09", "close": 33.618259, "volume": 28700, "typical_volume": 14914.5, "trend": 33.000464, "fair_value": 30.069244, "relative_strength": -12.584047, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.502547, "energy": 14.97394, "activity_lines": [ 33.406478, 33.617274, 33.638188, 33.425382 ] }, { "date": "2026-01-16", "close": 34.123425, "volume": 15200, "typical_volume": 15510.65, "trend": 33.104949, "fair_value": 30.119213, "relative_strength": -12.044191, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.811212, "energy": 17.186327, "activity_lines": [ 33.606572, 33.692007, 33.693274, 33.497831 ] }, { "date": "2026-01-23", "close": 33.756935, "volume": 18600, "typical_volume": 16098.35, "trend": 33.184928, "fair_value": 30.165389, "relative_strength": -12.894203, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.48547, "energy": 11.66868, "activity_lines": [ 33.670904, 33.687773, 33.707626, 33.539895 ] }, { "date": "2026-01-30", "close": 33.931313, "volume": 20300, "typical_volume": 16756.65, "trend": 33.259561, "fair_value": 30.211001, "relative_strength": -8.750964, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.999094, "energy": 25.463639, "activity_lines": [ 33.793268, 33.718313, 33.73474, 33.588049 ] }, { "date": "2026-02-06", "close": 35.310802, "volume": 24000, "typical_volume": 17281.85, "trend": 33.372399, "fair_value": 30.267978, "relative_strength": -6.365574, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 78.045709, "energy": 65.85648, "activity_lines": [ 34.361012, 33.998522, 33.889336, 33.720387 ] }, { "date": "2026-02-13", "close": 35.261173, "volume": 21200, "typical_volume": 17821.25, "trend": 33.488993, "fair_value": 30.32218, "relative_strength": -7.890148, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.196154, "energy": 74.935213, "activity_lines": [ 34.73202, 34.254468, 34.028059, 33.842243 ] }, { "date": "2026-02-20", "close": 35.42989, "volume": 11300, "typical_volume": 17971.75, "trend": 33.598868, "fair_value": 30.380283, "relative_strength": -9.088604, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.229511, "energy": 81.822564, "activity_lines": [ 35.049741, 34.514459, 34.174436, 33.967463 ] }, { "date": "2026-02-27", "close": 35.624805, "volume": 30800, "typical_volume": 18938.2, "trend": 33.736622, "fair_value": 30.437952, "relative_strength": -9.537575, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.236701, "energy": 85.711953, "activity_lines": [ 35.345335, 34.782427, 34.333026, 34.098168 ] }, { "date": "2026-03-06", "close": 34.332245, "volume": 10900, "typical_volume": 18774.65, "trend": 33.817736, "fair_value": 30.491611, "relative_strength": -9.033033, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.134195, "energy": 66.213237, "activity_lines": [ 35.085551, 34.781397, 34.35701, 34.136595 ] }, { "date": "2026-03-13", "close": 34.212933, "volume": 19000, "typical_volume": 19459.55, "trend": 33.87251, "fair_value": 30.546578, "relative_strength": -7.418959, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.253796, "energy": 37.751106, "activity_lines": [ 34.759268, 34.747444, 34.366272, 34.162092 ] }, { "date": "2026-03-20", "close": 33.477173, "volume": 4100, "typical_volume": 19047.55, "trend": 33.8787, "fair_value": 30.595186, "relative_strength": -5.503499, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 14.101355, "energy": 13.85089, "activity_lines": [ 34.260922, 34.550534, 34.303983, 34.136586 ] }, { "date": "2026-03-27", "close": 34.328186, "volume": 17700, "typical_volume": 16568.15, "trend": 33.926348, "fair_value": 30.646133, "relative_strength": -4.667619, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 24.815668, "energy": 23.68715, "activity_lines": [ 34.165181, 34.510919, 34.322931, 34.165586 ] }, { "date": "2026-04-03", "close": 34.53738, "volume": 7200, "typical_volume": 16383.5, "trend": 33.979271, "fair_value": 30.69894, "relative_strength": -7.025031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.329576, "energy": 22.763572, "activity_lines": [ 34.212618, 34.505616, 34.357597, 34.205007 ] }, { "date": "2026-04-10", "close": 34.637001, "volume": 24400, "typical_volume": 16923.9, "trend": 34.030083, "fair_value": 30.752971, "relative_strength": -8.029965, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.918549, "energy": 19.952101, "activity_lines": [ 34.365757, 34.504236, 34.398838, 34.247441 ] }, { "date": "2026-04-17", "close": 34.597157, "volume": 11000, "typical_volume": 16861.8, "trend": 34.08432, "fair_value": 30.805188, "relative_strength": -9.535346, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.986948, "energy": 23.999794, "activity_lines": [ 34.485298, 34.482781, 34.432624, 34.284027 ] }, { "date": "2026-04-24", "close": 34.316044, "volume": 8400, "typical_volume": 16356.4, "trend": 34.111713, "fair_value": 30.855258, "relative_strength": -8.781043, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.438565, "energy": 19.73055, "activity_lines": [ 34.48552, 34.42319, 34.439044, 34.298976 ] }, { "date": "2026-05-01", "close": 34.512318, "volume": 4200, "typical_volume": 16113.4, "trend": 34.125577, "fair_value": 30.911335, "relative_strength": -7.908818, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.828173, "energy": 19.728032, "activity_lines": [ 34.495241, 34.41647, 34.461683, 34.324822 ] }, { "date": "2026-05-08", "close": 34.502357, "volume": 15200, "typical_volume": 15379.15, "trend": 34.168706, "fair_value": 30.967608, "relative_strength": -8.129701, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.883709, "energy": 17.90904, "activity_lines": [ 34.489367, 34.424621, 34.48055, 34.34913 ] }, { "date": "2026-05-15", "close": 35.120071, "volume": 16900, "typical_volume": 16016.9, "trend": 34.218477, "fair_value": 31.026995, "relative_strength": -5.511504, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.552392, "energy": 40.829938, "activity_lines": [ 34.691732, 34.565492, 34.554691, 34.410509 ] }, { "date": "2026-05-22", "close": 36.164711, "volume": 6600, "typical_volume": 15785.0, "trend": 34.293884, "fair_value": 31.094165, "relative_strength": -4.28676, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.829149, "energy": 73.705903, "activity_lines": [ 35.210106, 34.881974, 34.721628, 34.536072 ] }, { "date": "2026-05-29", "close": 35.835308, "volume": 15800, "typical_volume": 15140.0, "trend": 34.371171, "fair_value": 31.158766, "relative_strength": -5.729958, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.122661, "energy": 76.526797, "activity_lines": [ 35.514175, 35.103077, 34.840257, 34.635519 ] }, { "date": "2026-06-05", "close": 36.444206, "volume": 0, "typical_volume": 14380.0, "trend": 34.471141, "fair_value": 31.22714, "relative_strength": -2.943047, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.841531, "energy": 89.538983, "activity_lines": [ 35.919926, 35.392014, 35.006318, 34.769263 ] }, { "date": "2026-06-12", "close": 37.013184, "volume": 3500, "typical_volume": 13625.0, "trend": 34.574057, "fair_value": 31.297206, "relative_strength": -2.728864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.927824, "energy": 95.096904, "activity_lines": [ 36.386544, 35.745928, 35.215517, 34.933266 ] }, { "date": "2026-06-19", "close": 36.793579, "volume": 2800, "typical_volume": 12750.0, "trend": 34.671569, "fair_value": 31.369515, "relative_strength": -3.191169, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.623079, "energy": 90.760362, "activity_lines": [ 36.612572, 36.0149, 35.388294, 35.076461 ] }, { "date": "2026-06-26", "close": 37.173912, "volume": 14600, "typical_volume": 12280.0, "trend": 34.761611, "fair_value": 31.4398, "relative_strength": -2.027246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.894819, "energy": 93.348786, "activity_lines": [ 36.85381, 36.313812, 35.583665, 35.237902 ] }, { "date": "2026-07-03", "close": 37.920979, "volume": 4100, "typical_volume": 11425.0, "trend": 34.899093, "fair_value": 31.516442, "relative_strength": -0.647634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.253456, "energy": 95.504022, "activity_lines": [ 37.27679, 36.701705, 35.841312, 35.441732 ] }, { "date": "2026-07-10", "close": 37.632111, "volume": 9300, "typical_volume": 11325.0, "trend": 35.022849, "fair_value": 31.589861, "relative_strength": -1.364106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.895404, "energy": 88.694299, "activity_lines": [ 37.464437, 36.971532, 36.058782, 35.618056 ] }, { "date": "2026-07-17", "close": 37.183876, "volume": 37100, "typical_volume": 11640.0, "trend": 35.137127, "fair_value": 31.656225, "relative_strength": -2.23585, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.467489, "energy": 66.515434, "activity_lines": [ 37.423478, 37.103138, 36.223077, 35.757477 ] }, { "date": "2026-07-24", "close": 37.930943, "volume": 6300, "typical_volume": 11410.0, "trend": 35.277673, "fair_value": 31.725919, "relative_strength": -0.397267, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.671011, "energy": 69.655646, "activity_lines": [ 37.620161, 37.32182, 36.451097, 35.937723 ] }, { "date": "2026-07-31", "close": 37.799999, "volume": 13700, "typical_volume": 11145.0, "trend": 35.450743, "fair_value": 31.795754, "relative_strength": -0.173373, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.110939, "energy": 62.976245, "activity_lines": [ 37.697373, 37.465587, 36.649509, 36.100454 ] }, { "date": "2026-08-07", "close": 38.060001, "volume": 16900, "typical_volume": 11785.0, "trend": 35.598801, "fair_value": 31.865162, "relative_strength": -2.498342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.233665, "energy": 61.207749, "activity_lines": [ 37.819513, 37.626894, 36.855602, 36.268793 ] } ], "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." } } }