{ "ticker": { "uuid": "48771111-92a0-4de7-9bd0-4b9cc3d16896", "symbol": "AVSC", "name": "AMERICAN CENTURY ETF TRUST AVANTIS U S SMALL CAP EQUITY ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 76.89, "architecture_energy": 61.139, "architecture_maturity": 66.024, "architecture_confidence": 79.143, "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": 10.82, "rotation_up": 57.5, "upward_expansion": 83.15, "deceleration": 66.84, "rotation_down": 25.92, "downward_expansion": 9.81 }, "activity_lines": [ 73.098667, 72.679744, 70.973124, 69.189976 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 74.4, "trend_reference": 67.06481, "distance_from_trend": 0.109375, "trend_direction": "Improving", "fair_value": 53.960492, "distance_from_fair_value": 0.378787, "fair_value_direction": "Improving", "relative_strength": 5.661309, "relative_strength_direction": "Improving", "price_momentum": 0.145077, "excess_performance": 0.019452, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.109375, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.073032, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.378787, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.057687, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.056613, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.005507, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.145077, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.212815, "read": "Demand-led" } ], "volume": { "latest": 704174, "relative_activity": 1.161176, "balance": 1.212815, "dry_up": 0.980361, "accumulation_observations": 5, "distribution_observations": 2 }, "risk": { "range_context": 0.029205, "annualized_volatility": 0.145637, "from_high_reference": -0.00998, "from_low_reference": 0.430717 }, "levels": { "trend_reference": 67.06481, "fair_value_reference": 53.960492, "structural_low": 59.502986, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": 0.014647, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.009085, "regime_survival": 0.75, "best_return": 0.075052, "worst_return": -0.08178, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.026865, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": -0.068712, "regime_survival": 0.625, "best_return": 0.154122, "worst_return": -0.10205, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.070743, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.052847, "regime_survival": 0.5, "best_return": 0.193277, "worst_return": -0.019684, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.064739, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.146831, "regime_survival": 0.5, "best_return": 0.078561, "worst_return": 0.050917, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-07", "tenure": "New", "return": -0.018182, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-06-14", "end": "2024-07-19", "tenure": "Developing", "return": 0.096773, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2024-12-27", "tenure": "Established", "return": -0.023245, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-02-14", "tenure": "Developing", "return": 0.006022, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": -0.02259, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.018153, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-21", "end": "2025-06-06", "tenure": "Developing", "return": 0.027344, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.083021, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-08", "tenure": "Developing", "return": -0.015843, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2025-11-14", "tenure": "Established", "return": 0.033926, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": 0.058476, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": 0.009873, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.125312, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.100956, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 44.506176, "volume": 171835, "typical_volume": 418162.95, "trend": 43.409959, "fair_value": 42.776914, "relative_strength": -3.702827, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.442195, "energy": 58.721156, "activity_lines": [ 45.7852, 45.430759, 44.175281, 43.594845 ] }, { "date": "2023-08-25", "close": 43.96764, "volume": 164970, "typical_volume": 424742.1, "trend": 43.38636, "fair_value": 42.790923, "relative_strength": -5.479336, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.622838, "energy": 30.85883, "activity_lines": [ 45.086385, 45.25884, 44.255135, 43.630824 ] }, { "date": "2023-09-01", "close": 45.554398, "volume": 179035, "typical_volume": 331494.9, "trend": 43.343051, "fair_value": 42.823056, "relative_strength": -4.415818, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.453441, "energy": 25.692211, "activity_lines": [ 45.064587, 45.372555, 44.472306, 43.770698 ] }, { "date": "2023-09-08", "close": 43.659905, "volume": 138309, "typical_volume": 328618.35, "trend": 43.28363, "fair_value": 42.832675, "relative_strength": -7.105851, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.771819, "energy": 25.566244, "activity_lines": [ 44.501047, 45.083704, 44.490751, 43.79114 ] }, { "date": "2023-09-15", "close": 43.640671, "volume": 147371, "typical_volume": 328779.25, "trend": 43.199233, "fair_value": 42.841857, "relative_strength": -6.89533, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.361301, "energy": 22.327687, "activity_lines": [ 44.129842, 44.795377, 44.49712, 43.814175 ] }, { "date": "2023-09-22", "close": 42.435855, "volume": 157485, "typical_volume": 327919.8, "trend": 43.119814, "fair_value": 42.837295, "relative_strength": -6.636155, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.160406, "energy": 19.085981, "activity_lines": [ 43.519874, 44.288517, 44.375677, 43.764924 ] }, { "date": "2023-09-29", "close": 42.86186, "volume": 380413, "typical_volume": 337213.6, "trend": 43.020473, "fair_value": 42.837568, "relative_strength": -4.930897, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.993503, "energy": 24.710262, "activity_lines": [ 43.189929, 43.907421, 44.284828, 43.748282 ] }, { "date": "2023-10-06", "close": 42.05826, "volume": 357214, "typical_volume": 318291.45, "trend": 43.015318, "fair_value": 42.829004, "relative_strength": -6.973975, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -32.928773, "energy": 44.609493, "activity_lines": [ 42.665837, 43.440711, 44.102744, 43.686204 ] }, { "date": "2023-10-13", "close": 41.350609, "volume": 149477, "typical_volume": 301187.85, "trend": 43.038831, "fair_value": 42.812935, "relative_strength": -8.711846, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.550919, "energy": 61.867119, "activity_lines": [ 42.138936, 42.933382, 43.848053, 43.578803 ] }, { "date": "2023-10-20", "close": 40.615654, "volume": 202616, "typical_volume": 293157.5, "trend": 43.033981, "fair_value": 42.789308, "relative_strength": -7.920388, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.978903, "energy": 66.407466, "activity_lines": [ 41.521004, 42.388616, 43.522209, 43.422469 ] }, { "date": "2023-10-27", "close": 39.860465, "volume": 408326, "typical_volume": 303781.85, "trend": 42.952958, "fair_value": 42.75815, "relative_strength": -7.079005, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -55.384431, "energy": 74.216361, "activity_lines": [ 40.85301, 41.805955, 43.133678, 43.217726 ] }, { "date": "2023-11-03", "close": 42.890906, "volume": 647651, "typical_volume": 329020.75, "trend": 43.013684, "fair_value": 42.759548, "relative_strength": -5.281614, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.524291, "energy": 44.211746, "activity_lines": [ 41.366855, 41.85875, 43.051206, 43.213723 ] }, { "date": "2023-11-10", "close": 41.380526, "volume": 368669, "typical_volume": 337177.2, "trend": 43.002648, "fair_value": 42.745183, "relative_strength": -9.546864, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.267089, "energy": 34.239472, "activity_lines": [ 41.375304, 41.656508, 42.829265, 43.108358 ] }, { "date": "2023-11-17", "close": 43.762278, "volume": 301633, "typical_volume": 345089.25, "trend": 43.077767, "fair_value": 42.755668, "relative_strength": -6.261568, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.069672, "energy": 10.150728, "activity_lines": [ 42.222853, 41.9632, 42.838812, 43.157366 ] }, { "date": "2023-11-24", "close": 43.888143, "volume": 207694, "typical_volume": 234022.55, "trend": 43.177487, "fair_value": 42.767224, "relative_strength": -6.676878, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.465868, "energy": 17.367621, "activity_lines": [ 42.951579, 42.290915, 42.860913, 43.209649 ] }, { "date": "2023-12-01", "close": 45.185521, "volume": 296914, "typical_volume": 240883.9, "trend": 43.338992, "fair_value": 42.791651, "relative_strength": -4.497767, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.045802, "energy": 28.286609, "activity_lines": [ 43.894598, 42.850018, 43.005532, 43.339199 ] }, { "date": "2023-12-08", "close": 45.950392, "volume": 1759595, "typical_volume": 321688.65, "trend": 43.54485, "fair_value": 42.823239, "relative_strength": -2.961395, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.397769, "energy": 40.480293, "activity_lines": [ 44.73757, 43.498194, 43.222554, 43.507677 ] }, { "date": "2023-12-15", "close": 48.341827, "volume": 1844572, "typical_volume": 407685.25, "trend": 43.790789, "fair_value": 42.877878, "relative_strength": -0.18841, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 58.704871, "energy": 70.974121, "activity_lines": [ 46.173722, 44.525022, 43.668469, 43.817159 ] }, { "date": "2023-12-22", "close": 49.800048, "volume": 347614, "typical_volume": 418057.75, "trend": 44.08054, "fair_value": 42.945743, "relative_strength": 1.971685, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.483823, "energy": 89.719179, "activity_lines": [ 47.631861, 45.702734, 44.2464, 44.204853 ] }, { "date": "2023-12-29", "close": 49.596068, "volume": 402620, "typical_volume": 431700.65, "trend": 44.315229, "fair_value": 43.010309, "relative_strength": 1.306476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.370353, "energy": 90.113386, "activity_lines": [ 48.619488, 46.689732, 44.789861, 44.560694 ] }, { "date": "2024-01-05", "close": 47.818536, "volume": 494664, "typical_volume": 447842.1, "trend": 44.458384, "fair_value": 43.056542, "relative_strength": -0.61901, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.221752, "energy": 83.430659, "activity_lines": [ 48.634076, 47.190263, 45.147307, 44.786713 ] }, { "date": "2024-01-12", "close": 47.468858, "volume": 459151, "typical_volume": 462551.15, "trend": 44.580348, "fair_value": 43.098564, "relative_strength": -2.915428, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.720241, "energy": 73.118241, "activity_lines": [ 48.356571, 47.482524, 45.455676, 44.980938 ] }, { "date": "2024-01-19", "close": 47.196885, "volume": 523483, "typical_volume": 479773.55, "trend": 44.741638, "fair_value": 43.137227, "relative_strength": -4.357889, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.427401, "energy": 49.615651, "activity_lines": [ 47.887177, 47.642099, 45.721471, 45.149747 ] }, { "date": "2024-01-26", "close": 48.304201, "volume": 377596, "typical_volume": 491737.9, "trend": 44.889075, "fair_value": 43.185517, "relative_strength": -2.882079, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.261694, "energy": 39.8559, "activity_lines": [ 47.863217, 47.897253, 46.084903, 45.379589 ] }, { "date": "2024-02-02", "close": 47.56599, "volume": 263056, "typical_volume": 497522.15, "trend": 45.018957, "fair_value": 43.226077, "relative_strength": -5.367403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.230754, "energy": 34.501005, "activity_lines": [ 47.692911, 47.935606, 46.355914, 45.552293 ] }, { "date": "2024-02-09", "close": 48.411047, "volume": 227620, "typical_volume": 501028.9, "trend": 45.129566, "fair_value": 43.273645, "relative_strength": -4.705425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.35699, "energy": 37.389768, "activity_lines": [ 47.939628, 48.060736, 46.688714, 45.771138 ] }, { "date": "2024-02-16", "close": 49.372663, "volume": 191001, "typical_volume": 491558.3, "trend": 45.235684, "fair_value": 43.329091, "relative_strength": -2.18182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.159354, "energy": 49.824085, "activity_lines": [ 48.467384, 48.302059, 47.084644, 46.044886 ] }, { "date": "2024-02-23", "close": 48.829107, "volume": 190894, "typical_volume": 483242.3, "trend": 45.299963, "fair_value": 43.378641, "relative_strength": -4.50846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.253873, "energy": 46.778036, "activity_lines": [ 48.687034, 48.382331, 47.397802, 46.27672 ] }, { "date": "2024-03-01", "close": 49.741768, "volume": 221930, "typical_volume": 486864.95, "trend": 45.403319, "fair_value": 43.435454, "relative_strength": -3.336704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.889196, "energy": 59.495961, "activity_lines": [ 49.102089, 48.619681, 47.765638, 46.563288 ] }, { "date": "2024-03-08", "close": 49.722341, "volume": 1014861, "typical_volume": 527477.2, "trend": 45.52462, "fair_value": 43.49109, "relative_strength": -2.902544, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.639464, "energy": 60.915772, "activity_lines": [ 49.414831, 48.854559, 48.091667, 46.841935 ] }, { "date": "2024-03-15", "close": 48.547033, "volume": 173993, "typical_volume": 515760.55, "trend": 45.659315, "fair_value": 43.535441, "relative_strength": -4.951476, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.633507, "energy": 46.990607, "activity_lines": [ 49.192047, 48.873449, 48.262396, 47.036929 ] }, { "date": "2024-03-22", "close": 49.575866, "volume": 244581, "typical_volume": 495607.05, "trend": 45.846256, "fair_value": 43.587966, "relative_strength": -4.885139, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.95197, "energy": 46.861829, "activity_lines": [ 49.303142, 49.066154, 48.489744, 47.28961 ] }, { "date": "2024-03-29", "close": 50.987868, "volume": 2972426, "typical_volume": 625794.9, "trend": 46.027372, "fair_value": 43.651758, "relative_strength": -2.38638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.216191, "energy": 52.307897, "activity_lines": [ 49.871357, 49.477277, 48.819736, 47.621327 ] }, { "date": "2024-04-05", "close": 49.634294, "volume": 293643, "typical_volume": 625395.4, "trend": 46.226518, "fair_value": 43.702891, "relative_strength": -4.01471, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.889548, "energy": 43.046144, "activity_lines": [ 49.844463, 49.573369, 48.975067, 47.854031 ] }, { "date": "2024-04-12", "close": 47.969105, "volume": 324306, "typical_volume": 631226.0, "trend": 46.370799, "fair_value": 43.739046, "relative_strength": -5.700285, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.015118, "energy": 30.809027, "activity_lines": [ 49.269671, 49.342516, 48.943846, 47.966456 ] }, { "date": "2024-04-19", "close": 47.229022, "volume": 286827, "typical_volume": 630721.65, "trend": 46.530571, "fair_value": 43.768373, "relative_strength": -4.087526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.91471, "energy": 13.320353, "activity_lines": [ 48.565068, 48.969773, 48.822708, 48.021825 ] }, { "date": "2024-04-26", "close": 48.173602, "volume": 276627, "typical_volume": 556573.25, "trend": 46.707629, "fair_value": 43.805083, "relative_strength": -4.598979, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.452143, "energy": 19.706446, "activity_lines": [ 48.263191, 48.790263, 48.781799, 48.127827 ] }, { "date": "2024-05-03", "close": 49.020803, "volume": 687136, "typical_volume": 498701.45, "trend": 46.939714, "fair_value": 43.848188, "relative_strength": -3.434626, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.363515, "energy": 17.427677, "activity_lines": [ 48.3372, 48.78659, 48.810989, 48.277064 ] }, { "date": "2024-05-10", "close": 49.945908, "volume": 242358, "typical_volume": 493438.65, "trend": 47.226224, "fair_value": 43.89817, "relative_strength": -3.376063, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.789325, "energy": 18.840045, "activity_lines": [ 48.850714, 48.947634, 48.925051, 48.471012 ] }, { "date": "2024-05-17", "close": 50.773633, "volume": 253024, "typical_volume": 485958.85, "trend": 47.564823, "fair_value": 43.954068, "relative_strength": -3.308784, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.951193, "energy": 39.930069, "activity_lines": [ 49.619362, 49.255461, 49.11725, 48.699877 ] }, { "date": "2024-05-24", "close": 49.809577, "volume": 288523, "typical_volume": 475651.8, "trend": 47.896461, "fair_value": 44.00129, "relative_strength": -5.046864, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.221978, "energy": 46.778111, "activity_lines": [ 49.87969, 49.368891, 49.212026, 48.8447 ] }, { "date": "2024-05-31", "close": 50.130929, "volume": 188141, "typical_volume": 462101.3, "trend": 48.137795, "fair_value": 44.050327, "relative_strength": -3.950329, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.549669, "energy": 52.49216, "activity_lines": [ 50.075098, 49.517793, 49.327926, 48.98886 ] }, { "date": "2024-06-07", "close": 48.903948, "volume": 207699, "typical_volume": 446312.1, "trend": 48.388575, "fair_value": 44.088848, "relative_strength": -7.265566, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 46.952308, "energy": 35.235906, "activity_lines": [ 49.731024, 49.433515, 49.314294, 49.038289 ] }, { "date": "2024-06-14", "close": 47.920416, "volume": 331248, "typical_volume": 443994.7, "trend": 48.52718, "fair_value": 44.119017, "relative_strength": -10.381025, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.430223, "energy": 6.951554, "activity_lines": [ 49.066896, 49.208303, 49.198864, 49.008085 ] }, { "date": "2024-06-21", "close": 48.115175, "volume": 416186, "typical_volume": 451651.2, "trend": 48.668081, "fair_value": 44.150237, "relative_strength": -10.403434, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.93505, "energy": 14.450867, "activity_lines": [ 48.602721, 49.049663, 49.103809, 48.981504 ] }, { "date": "2024-06-28", "close": 48.784844, "volume": 245718, "typical_volume": 452556.1, "trend": 48.788058, "fair_value": 44.186165, "relative_strength": -8.917232, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.29508, "energy": 16.551512, "activity_lines": [ 48.539, 49.010125, 49.069918, 48.989037 ] }, { "date": "2024-07-05", "close": 47.96378, "volume": 167151, "typical_volume": 451363.6, "trend": 48.855171, "fair_value": 44.215223, "relative_strength": -11.882887, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.76045, "energy": 23.158292, "activity_lines": [ 48.269905, 48.793016, 48.95605, 48.935858 ] }, { "date": "2024-07-12", "close": 51.015008, "volume": 387502, "typical_volume": 461194.0, "trend": 48.944277, "fair_value": 44.26713, "relative_strength": -6.978049, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 45.014006, "energy": 16.351283, "activity_lines": [ 49.162364, 49.13449, 49.139484, 49.075202 ] }, { "date": "2024-07-19", "close": 52.557825, "volume": 292370, "typical_volume": 464716.0, "trend": 49.036203, "fair_value": 44.329938, "relative_strength": -2.093716, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.399039, "energy": 54.247353, "activity_lines": [ 50.428357, 49.720218, 49.459444, 49.308334 ] }, { "date": "2024-07-26", "close": 54.864622, "volume": 525563, "typical_volume": 440251.1, "trend": 49.211822, "fair_value": 44.409146, "relative_strength": 3.124852, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.645267, "energy": 79.874942, "activity_lines": [ 52.154123, 50.677874, 49.985689, 49.684361 ] }, { "date": "2024-08-02", "close": 50.954797, "volume": 1350501, "typical_volume": 499076.5, "trend": 49.316364, "fair_value": 44.457995, "relative_strength": -1.952585, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.514927, "energy": 67.86928, "activity_lines": [ 52.12665, 50.850271, 50.115082, 49.796811 ] }, { "date": "2024-08-09", "close": 49.703653, "volume": 326689, "typical_volume": 503181.9, "trend": 49.390857, "fair_value": 44.496851, "relative_strength": -4.156823, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.02945, "energy": 59.079983, "activity_lines": [ 51.537465, 50.774365, 50.113854, 49.821798 ] }, { "date": "2024-08-16", "close": 51.304726, "volume": 469463, "typical_volume": 378033.75, "trend": 49.527785, "fair_value": 44.546909, "relative_strength": -4.670343, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.247535, "energy": 34.061421, "activity_lines": [ 51.36598, 50.997332, 50.2645, 49.945273 ] }, { "date": "2024-08-23", "close": 53.271368, "volume": 199869, "typical_volume": 373345.05, "trend": 49.693357, "fair_value": 44.610591, "relative_strength": -2.265896, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.000257, "energy": 33.197377, "activity_lines": [ 51.830728, 51.53422, 50.600937, 50.186795 ] }, { "date": "2024-08-30", "close": 53.281143, "volume": 475118, "typical_volume": 380885.65, "trend": 49.883862, "fair_value": 44.673421, "relative_strength": -2.364535, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.561498, "energy": 36.317747, "activity_lines": [ 52.251165, 51.975595, 50.920985, 50.418265 ] }, { "date": "2024-09-06", "close": 50.182606, "volume": 214204, "typical_volume": 377254.5, "trend": 49.942914, "fair_value": 44.713056, "relative_strength": -3.949768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.188275, "energy": 24.499442, "activity_lines": [ 51.744321, 51.759673, 50.920639, 50.437538 ] }, { "date": "2024-09-13", "close": 51.912704, "volume": 351736, "typical_volume": 381009.95, "trend": 50.027582, "fair_value": 44.764482, "relative_strength": -4.331101, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.19681, "energy": 29.156977, "activity_lines": [ 51.865656, 51.832901, 51.071, 50.564622 ] }, { "date": "2024-09-20", "close": 53.007455, "volume": 311420, "typical_volume": 362224.15, "trend": 50.166861, "fair_value": 44.822943, "relative_strength": -3.554884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.735649, "energy": 30.592393, "activity_lines": [ 52.204638, 52.033375, 51.307817, 50.756871 ] }, { "date": "2024-09-27", "close": 52.728873, "volume": 581804, "typical_volume": 379196.45, "trend": 50.266431, "fair_value": 44.878618, "relative_strength": -4.424512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.104565, "energy": 26.997433, "activity_lines": [ 52.337243, 52.146972, 51.499119, 50.922163 ] }, { "date": "2024-10-04", "close": 52.376171, "volume": 354018, "typical_volume": 384246.15, "trend": 50.354892, "fair_value": 44.931049, "relative_strength": -5.166045, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.009192, "energy": 28.021687, "activity_lines": [ 52.388448, 52.193332, 51.643577, 51.058275 ] }, { "date": "2024-10-11", "close": 52.964007, "volume": 268852, "typical_volume": 383262.6, "trend": 50.502124, "fair_value": 44.986833, "relative_strength": -5.08493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.890093, "energy": 34.278831, "activity_lines": [ 52.69593, 52.391815, 51.836389, 51.226605 ] }, { "date": "2024-10-18", "close": 54.129882, "volume": 506941, "typical_volume": 399202.6, "trend": 50.653925, "fair_value": 45.049889, "relative_strength": -3.728032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.834208, "energy": 45.055133, "activity_lines": [ 53.20661, 52.765744, 52.125216, 51.460654 ] }, { "date": "2024-10-25", "close": 52.160632, "volume": 272425, "typical_volume": 402438.9, "trend": 50.693017, "fair_value": 45.098592, "relative_strength": -6.185647, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.337353, "energy": 31.786183, "activity_lines": [ 52.913062, 52.701151, 52.207452, 51.557861 ] }, { "date": "2024-11-01", "close": 52.366374, "volume": 301727, "typical_volume": 400962.85, "trend": 50.784086, "fair_value": 45.148033, "relative_strength": -4.337019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.212106, "energy": 29.657725, "activity_lines": [ 52.744549, 52.658404, 52.293775, 51.665819 ] }, { "date": "2024-11-08", "close": 56.902507, "volume": 402084, "typical_volume": 400257.75, "trend": 51.081866, "fair_value": 45.227455, "relative_strength": -0.767052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.759095, "energy": 59.922975, "activity_lines": [ 54.112247, 53.456862, 52.790939, 52.060556 ] }, { "date": "2024-11-15", "close": 55.24677, "volume": 308219, "typical_volume": 403382.8, "trend": 51.349125, "fair_value": 45.294699, "relative_strength": -1.527802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.576724, "energy": 54.40617, "activity_lines": [ 54.626276, 53.888435, 53.08857, 52.329259 ] }, { "date": "2024-11-22", "close": 57.402168, "volume": 349174, "typical_volume": 412483.95, "trend": 51.656743, "fair_value": 45.375415, "relative_strength": 0.663601, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.827647, "energy": 74.190038, "activity_lines": [ 55.706588, 54.619822, 53.560706, 52.719778 ] }, { "date": "2024-11-29", "close": 57.882234, "volume": 507323, "typical_volume": 418475.0, "trend": 51.952124, "fair_value": 45.458242, "relative_strength": 0.394002, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.796523, "energy": 80.138871, "activity_lines": [ 56.728769, 55.338686, 54.033617, 53.121423 ] }, { "date": "2024-12-06", "close": 57.186628, "volume": 357298, "typical_volume": 421721.4, "trend": 52.193482, "fair_value": 45.535402, "relative_strength": -1.530029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.516382, "energy": 76.002575, "activity_lines": [ 57.137642, 55.842443, 54.407579, 53.459133 ] }, { "date": "2024-12-13", "close": 56.402847, "volume": 257179, "typical_volume": 408302.2, "trend": 52.381122, "fair_value": 45.606431, "relative_strength": -2.091561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.468065, "energy": 71.341501, "activity_lines": [ 56.963904, 56.122645, 54.684853, 53.730705 ] }, { "date": "2024-12-20", "close": 53.540136, "volume": 367950, "typical_volume": 359174.65, "trend": 52.505474, "fair_value": 45.657949, "relative_strength": -5.018452, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.5002, "energy": 37.294118, "activity_lines": [ 55.869239, 55.809142, 54.682164, 53.80548 ] }, { "date": "2024-12-27", "close": 53.589292, "volume": 223091, "typical_volume": 353994.75, "trend": 52.620753, "fair_value": 45.709119, "relative_strength": -5.249553, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 31.592045, "energy": 18.199438, "activity_lines": [ 54.904736, 55.494101, 54.671845, 53.875404 ] }, { "date": "2025-01-03", "close": 53.874393, "volume": 250140, "typical_volume": 343028.6, "trend": 52.786435, "fair_value": 45.76146, "relative_strength": -4.010474, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.187107, "energy": 22.041249, "activity_lines": [ 54.289458, 55.240725, 54.670175, 53.956284 ] }, { "date": "2025-01-10", "close": 51.790202, "volume": 273263, "typical_volume": 346698.3, "trend": 52.915427, "fair_value": 45.790947, "relative_strength": -5.679538, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.216615, "energy": 19.747946, "activity_lines": [ 53.246638, 54.577246, 54.457774, 53.892011 ] }, { "date": "2025-01-17", "close": 54.257806, "volume": 322027, "typical_volume": 339043.75, "trend": 53.120182, "fair_value": 45.858687, "relative_strength": -3.84945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.763226, "energy": 16.735099, "activity_lines": [ 53.386116, 54.372899, 54.487436, 53.978616 ] }, { "date": "2025-01-24", "close": 54.916489, "volume": 314346, "typical_volume": 344050.85, "trend": 53.32457, "fair_value": 45.934605, "relative_strength": -4.149218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.712493, "energy": 13.369527, "activity_lines": [ 53.888157, 54.336397, 54.57518, 54.094506 ] }, { "date": "2025-01-31", "close": 54.533077, "volume": 362262, "typical_volume": 344577.15, "trend": 53.543547, "fair_value": 46.00329, "relative_strength": -3.711382, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.430247, "energy": 9.075374, "activity_lines": [ 54.170637, 54.23619, 54.603865, 54.172475 ] }, { "date": "2025-02-07", "close": 54.080846, "volume": 471409, "typical_volume": 352576.6, "trend": 53.645741, "fair_value": 46.064209, "relative_strength": -4.190097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.816214, "energy": 13.665984, "activity_lines": [ 54.239455, 54.105923, 54.577003, 54.207139 ] }, { "date": "2025-02-14", "close": 54.198819, "volume": 322936, "typical_volume": 339633.2, "trend": 53.700441, "fair_value": 46.127268, "relative_strength": -5.169765, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.629281, "energy": 14.781966, "activity_lines": [ 54.333833, 54.066223, 54.556265, 54.242821 ] }, { "date": "2025-02-21", "close": 52.22277, "volume": 356541, "typical_volume": 339759.35, "trend": 53.612379, "fair_value": 46.174646, "relative_strength": -6.943439, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.839892, "energy": 19.294655, "activity_lines": [ 53.608954, 53.721565, 54.340333, 54.147488 ] }, { "date": "2025-02-28", "close": 51.043038, "volume": 310902, "typical_volume": 341861.85, "trend": 53.615321, "fair_value": 46.216467, "relative_strength": -7.930543, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.607325, "energy": 45.562661, "activity_lines": [ 52.6265, 53.238411, 54.012775, 53.981724 ] }, { "date": "2025-03-07", "close": 49.283273, "volume": 778048, "typical_volume": 355417.2, "trend": 53.601308, "fair_value": 46.248961, "relative_strength": -8.0429, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.253682, "energy": 65.406188, "activity_lines": [ 51.315687, 52.480702, 53.526768, 53.702237 ] }, { "date": "2025-03-14", "close": 48.388643, "volume": 855368, "typical_volume": 384564.35, "trend": 53.504105, "fair_value": 46.265025, "relative_strength": -7.414546, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.103688, "energy": 83.701562, "activity_lines": [ 50.056652, 51.638624, 52.978637, 53.365936 ] }, { "date": "2025-03-21", "close": 48.545941, "volume": 666840, "typical_volume": 402820.0, "trend": 53.346591, "fair_value": 46.282623, "relative_strength": -7.388175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.202148, "energy": 86.522251, "activity_lines": [ 49.229529, 50.924887, 52.463449, 53.046054 ] }, { "date": "2025-03-28", "close": 47.847901, "volume": 574505, "typical_volume": 411441.05, "trend": 53.165483, "fair_value": 46.297, "relative_strength": -7.110814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.696079, "energy": 88.027731, "activity_lines": [ 48.546585, 50.143219, 51.899974, 52.6913 ] }, { "date": "2025-04-04", "close": 43.120427, "volume": 1234524, "typical_volume": 457756.3, "trend": 52.930077, "fair_value": 46.291686, "relative_strength": -7.719474, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.521468, "energy": 95.663722, "activity_lines": [ 46.579475, 48.618555, 50.92938, 52.043232 ] }, { "date": "2025-04-11", "close": 43.366886, "volume": 2029318, "typical_volume": 541763.5, "trend": 52.645216, "fair_value": 46.284248, "relative_strength": -11.919555, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.132638, "energy": 92.543633, "activity_lines": [ 45.222691, 47.353176, 50.040003, 51.426252 ] }, { "date": "2025-04-18", "close": 44.047112, "volume": 903404, "typical_volume": 561567.55, "trend": 52.346538, "fair_value": 46.288838, "relative_strength": -9.013162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.807563, "energy": 88.273924, "activity_lines": [ 44.487075, 46.414495, 49.282243, 50.871536 ] }, { "date": "2025-04-25", "close": 45.703315, "volume": 1075310, "typical_volume": 597468.15, "trend": 52.112353, "fair_value": 46.314229, "relative_strength": -9.500538, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.444115, "energy": 76.590257, "activity_lines": [ 44.592962, 45.959374, 48.7481, 50.442941 ] }, { "date": "2025-05-02", "close": 47.211643, "volume": 1011818, "typical_volume": 635200.1, "trend": 51.940202, "fair_value": 46.349639, "relative_strength": -8.909346, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.539975, "energy": 56.942163, "activity_lines": [ 45.391134, 45.932958, 48.412288, 50.126766 ] }, { "date": "2025-05-09", "close": 47.773569, "volume": 584299, "typical_volume": 646017.55, "trend": 51.767187, "fair_value": 46.393317, "relative_strength": -7.186738, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.99986, "energy": 39.353897, "activity_lines": [ 46.419031, 46.099822, 48.173762, 49.857951 ] }, { "date": "2025-05-16", "close": 49.971981, "volume": 651265, "typical_volume": 667426.25, "trend": 51.628591, "fair_value": 46.454228, "relative_strength": -7.540693, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.629156, "energy": 25.929828, "activity_lines": [ 47.869523, 46.725842, 48.172067, 49.742131 ] }, { "date": "2025-05-23", "close": 47.980594, "volume": 383661, "typical_volume": 674102.3, "trend": 51.489256, "fair_value": 46.486301, "relative_strength": -8.67213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.234447, "energy": 27.055959, "activity_lines": [ 48.21588, 46.97727, 47.997942, 49.506776 ] }, { "date": "2025-05-30", "close": 48.690395, "volume": 366200, "typical_volume": 678749.15, "trend": 51.366723, "fair_value": 46.521598, "relative_strength": -8.67323, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.79578, "energy": 24.748303, "activity_lines": [ 48.536605, 47.365171, 47.919483, 49.326205 ] }, { "date": "2025-06-06", "close": 49.873397, "volume": 428269, "typical_volume": 684061.25, "trend": 51.13242, "fair_value": 46.57546, "relative_strength": -7.790394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.937907, "energy": 19.61155, "activity_lines": [ 49.052525, 47.965538, 47.968452, 49.229861 ] }, { "date": "2025-06-13", "close": 49.390338, "volume": 423773, "typical_volume": 689532.6, "trend": 50.937205, "fair_value": 46.645955, "relative_strength": -8.225644, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.200529, "energy": 13.606127, "activity_lines": [ 49.229975, 48.441248, 47.992293, 49.117469 ] }, { "date": "2025-06-20", "close": 49.26218, "volume": 315389, "typical_volume": 687188.95, "trend": 50.665872, "fair_value": 46.706145, "relative_strength": -8.188257, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.654987, "energy": 13.422703, "activity_lines": [ 49.256922, 48.779658, 48.030243, 49.009403 ] }, { "date": "2025-06-27", "close": 51.205533, "volume": 498782, "typical_volume": 688557.6, "trend": 50.443316, "fair_value": 46.781704, "relative_strength": -7.620897, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.126897, "energy": 19.557682, "activity_lines": [ 49.978973, 49.364218, 48.278375, 49.044219 ] }, { "date": "2025-07-04", "close": 53.490788, "volume": 377699, "typical_volume": 691295.75, "trend": 50.320121, "fair_value": 46.870382, "relative_strength": -5.066884, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 44.897669, "energy": 58.29906, "activity_lines": [ 51.247779, 50.234126, 48.757841, 49.240831 ] }, { "date": "2025-07-11", "close": 53.075287, "volume": 511638, "typical_volume": 699050.6, "trend": 50.209202, "fair_value": 46.958112, "relative_strength": -5.400676, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.21907, "energy": 65.466049, "activity_lines": [ 52.058059, 50.886898, 49.201108, 49.418583 ] }, { "date": "2025-07-18", "close": 52.758715, "volume": 871811, "typical_volume": 727096.05, "trend": 50.183155, "fair_value": 47.03456, "relative_strength": -6.300752, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.021707, "energy": 67.414769, "activity_lines": [ 52.549356, 51.3755, 49.610166, 49.583068 ] }, { "date": "2025-07-25", "close": 53.535306, "volume": 407810, "typical_volume": 708584.15, "trend": 50.181355, "fair_value": 47.103454, "relative_strength": -5.979617, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.112547, "energy": 72.043101, "activity_lines": [ 53.074957, 51.914661, 50.085014, 49.799336 ] }, { "date": "2025-08-01", "close": 50.780139, "volume": 681607, "typical_volume": 699896.1, "trend": 50.078214, "fair_value": 47.153275, "relative_strength": -8.313697, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.396087, "energy": 45.56706, "activity_lines": [ 52.397295, 51.888094, 50.277218, 49.837967 ] }, { "date": "2025-08-08", "close": 52.234392, "volume": 396649, "typical_volume": 686386.55, "trend": 50.09302, "fair_value": 47.199419, "relative_strength": -7.728568, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.809088, "energy": 32.733365, "activity_lines": [ 52.232743, 52.075037, 50.596534, 49.977075 ] }, { "date": "2025-08-15", "close": 54.074468, "volume": 424136, "typical_volume": 678868.1, "trend": 50.086909, "fair_value": 47.261532, "relative_strength": -5.209091, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.023385, "energy": 48.18752, "activity_lines": [ 52.76531, 52.532102, 51.073532, 50.233943 ] }, { "date": "2025-08-22", "close": 56.332121, "volume": 339014, "typical_volume": 634092.6, "trend": 50.134096, "fair_value": 47.346507, "relative_strength": -1.352567, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.962661, "energy": 58.252853, "activity_lines": [ 53.983816, 53.323267, 51.735893, 50.63686 ] }, { "date": "2025-08-29", "close": 56.374562, "volume": 371298, "typical_volume": 551191.6, "trend": 50.195479, "fair_value": 47.445663, "relative_strength": -1.059939, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.321182, "energy": 82.324504, "activity_lines": [ 54.978241, 53.995934, 52.339384, 51.03947 ] }, { "date": "2025-09-05", "close": 56.745445, "volume": 239685, "typical_volume": 518005.65, "trend": 50.284299, "fair_value": 47.540064, "relative_strength": -0.6086, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.156108, "energy": 87.211551, "activity_lines": [ 55.907011, 54.606719, 52.916256, 51.462049 ] }, { "date": "2025-09-12", "close": 56.458651, "volume": 705333, "typical_volume": 499506.8, "trend": 50.359627, "fair_value": 47.643359, "relative_strength": -2.478355, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.613283, "energy": 85.517039, "activity_lines": [ 56.342495, 55.064633, 53.405346, 51.860394 ] }, { "date": "2025-09-19", "close": 57.081902, "volume": 1489976, "typical_volume": 523414.7, "trend": 50.521598, "fair_value": 47.765917, "relative_strength": -2.426331, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.80371, "energy": 80.400304, "activity_lines": [ 56.704113, 55.581905, 53.902577, 52.294089 ] }, { "date": "2025-09-26", "close": 57.040289, "volume": 562866, "typical_volume": 522343.05, "trend": 50.721506, "fair_value": 47.890034, "relative_strength": -2.066674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.075111, "energy": 66.476506, "activity_lines": [ 56.851364, 56.018763, 54.348844, 52.71465 ] }, { "date": "2025-10-03", "close": 57.419366, "volume": 408388, "typical_volume": 510199.2, "trend": 50.99271, "fair_value": 48.008764, "relative_strength": -2.361209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.4723, "energy": 60.928065, "activity_lines": [ 57.077763, 56.446697, 54.787086, 53.14677 ] }, { "date": "2025-10-10", "close": 54.817424, "volume": 524273, "typical_volume": 517229.8, "trend": 51.207002, "fair_value": 48.111059, "relative_strength": -4.295693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.534269, "energy": 47.871412, "activity_lines": [ 56.367194, 56.330931, 54.94206, 53.393526 ] }, { "date": "2025-10-17", "close": 56.246408, "volume": 386363, "typical_volume": 518237.95, "trend": 51.463684, "fair_value": 48.213189, "relative_strength": -3.28935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.419948, "energy": 37.858751, "activity_lines": [ 56.261488, 56.401576, 55.200572, 53.718649 ] }, { "date": "2025-10-24", "close": 58.409732, "volume": 538212, "typical_volume": 523735.1, "trend": 51.815746, "fair_value": 48.314717, "relative_strength": -1.36999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.851386, "energy": 47.262986, "activity_lines": [ 56.891039, 56.792607, 55.629133, 54.166781 ] }, { "date": "2025-10-31", "close": 56.807086, "volume": 529642, "typical_volume": 529028.55, "trend": 52.271967, "fair_value": 48.409738, "relative_strength": -4.552703, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.820459, "energy": 37.638855, "activity_lines": [ 56.897853, 56.813424, 55.864413, 54.488803 ] }, { "date": "2025-11-07", "close": 56.008244, "volume": 402375, "typical_volume": 533377.85, "trend": 52.693346, "fair_value": 48.487728, "relative_strength": -4.068849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.675155, "energy": 33.320777, "activity_lines": [ 56.653933, 56.680362, 55.988294, 54.729853 ] }, { "date": "2025-11-14", "close": 55.909009, "volume": 344684, "typical_volume": 525672.95, "trend": 53.088743, "fair_value": 48.569085, "relative_strength": -4.115971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.136917, "energy": 29.317833, "activity_lines": [ 56.47101, 56.535917, 56.0706, 54.937315 ] }, { "date": "2025-11-21", "close": 55.492222, "volume": 586426, "typical_volume": 536109.3, "trend": 53.41504, "fair_value": 48.644012, "relative_strength": -2.679852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.754481, "energy": 17.636624, "activity_lines": [ 56.076385, 56.330901, 56.090815, 55.092378 ] }, { "date": "2025-11-28", "close": 58.032639, "volume": 303280, "typical_volume": 525691.4, "trend": 53.775739, "fair_value": 48.732169, "relative_strength": -1.583235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.607227, "energy": 26.058159, "activity_lines": [ 56.578846, 56.60535, 56.343444, 55.390288 ] }, { "date": "2025-12-05", "close": 58.737207, "volume": 421402, "typical_volume": 503170.95, "trend": 54.141194, "fair_value": 48.84009, "relative_strength": -0.510421, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.987629, "energy": 38.396979, "activity_lines": [ 57.341301, 56.990617, 56.639568, 55.710382 ] }, { "date": "2025-12-12", "close": 59.947875, "volume": 393884, "typical_volume": 502474.65, "trend": 54.473724, "fair_value": 48.960332, "relative_strength": 2.275148, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.467224, "energy": 60.423863, "activity_lines": [ 58.378638, 57.565152, 57.022524, 56.085007 ] }, { "date": "2025-12-19", "close": 59.439009, "volume": 539961, "typical_volume": 495392.35, "trend": 54.855671, "fair_value": 49.076087, "relative_strength": 1.381787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.115126, "energy": 69.844207, "activity_lines": [ 58.983711, 58.001192, 57.326482, 56.405348 ] }, { "date": "2025-12-26", "close": 59.608238, "volume": 305127, "typical_volume": 490816.25, "trend": 55.219599, "fair_value": 49.192559, "relative_strength": 0.34568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.54222, "energy": 72.462437, "activity_lines": [ 59.40986, 58.383973, 57.605323, 56.711965 ] }, { "date": "2026-01-02", "close": 58.707345, "volume": 531003, "typical_volume": 496159.6, "trend": 55.514064, "fair_value": 49.297006, "relative_strength": -0.000715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.576662, "energy": 62.28875, "activity_lines": [ 59.261311, 58.541831, 57.763252, 56.936981 ] }, { "date": "2026-01-09", "close": 61.589206, "volume": 916930, "typical_volume": 525055.4, "trend": 55.920693, "fair_value": 49.407548, "relative_strength": 3.295868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.042336, "energy": 67.212282, "activity_lines": [ 60.028401, 59.218253, 58.173582, 57.328926 ] }, { "date": "2026-01-16", "close": 62.65435, "volume": 676209, "typical_volume": 540300.95, "trend": 56.367099, "fair_value": 49.527817, "relative_strength": 5.478517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.671329, "energy": 77.149386, "activity_lines": [ 60.960406, 60.001389, 58.660321, 57.763355 ] }, { "date": "2026-01-23", "close": 62.714078, "volume": 342366, "typical_volume": 545435.0, "trend": 56.750717, "fair_value": 49.643448, "relative_strength": 5.960648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.779174, "energy": 78.321724, "activity_lines": [ 61.731889, 60.674547, 59.122844, 58.172838 ] }, { "date": "2026-01-30", "close": 62.385575, "volume": 497706, "typical_volume": 535053.65, "trend": 57.04721, "fair_value": 49.743011, "relative_strength": 5.023945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.26223, "energy": 82.021788, "activity_lines": [ 62.175533, 61.164249, 59.525659, 58.536377 ] }, { "date": "2026-02-06", "close": 64.973775, "volume": 1043435, "typical_volume": 512726.6, "trend": 57.443826, "fair_value": 49.868212, "relative_strength": 9.521124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.519166, "energy": 89.36054, "activity_lines": [ 63.296754, 61.999198, 60.146746, 59.047768 ] }, { "date": "2026-02-13", "close": 64.525818, "volume": 515211, "typical_volume": 510343.85, "trend": 57.836063, "fair_value": 49.985861, "relative_strength": 10.065042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.033525, "energy": 83.944715, "activity_lines": [ 63.850895, 62.626499, 60.687591, 59.504671 ] }, { "date": "2026-02-20", "close": 64.914048, "volume": 390241, "typical_volume": 509436.5, "trend": 58.215354, "fair_value": 50.114679, "relative_strength": 9.344878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.047428, "energy": 82.327759, "activity_lines": [ 64.338671, 63.219139, 61.229764, 59.961315 ] }, { "date": "2026-02-27", "close": 63.878768, "volume": 656939, "typical_volume": 516069.8, "trend": 58.651975, "fair_value": 50.230298, "relative_strength": 7.990848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.5931, "energy": 70.666221, "activity_lines": [ 64.330707, 63.533252, 61.63765, 60.326697 ] }, { "date": "2026-03-06", "close": 61.927663, "volume": 858638, "typical_volume": 539683.55, "trend": 58.975084, "fair_value": 50.356675, "relative_strength": 6.680023, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.49686, "energy": 50.552819, "activity_lines": [ 63.594729, 63.411896, 61.816567, 60.538031 ] }, { "date": "2026-03-13", "close": 60.539727, "volume": 592717, "typical_volume": 542408.8, "trend": 59.190593, "fair_value": 50.484204, "relative_strength": 5.773651, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.816879, "energy": 28.79459, "activity_lines": [ 62.426634, 62.996017, 61.836246, 60.638976 ] }, { "date": "2026-03-20", "close": 59.901732, "volume": 1012452, "typical_volume": 566549.3, "trend": 59.30958, "fair_value": 50.6069, "relative_strength": 6.452563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.506121, "energy": 22.588231, "activity_lines": [ 61.341476, 62.430823, 61.785021, 60.684856 ] }, { "date": "2026-03-27", "close": 61.167753, "volume": 725841, "typical_volume": 582722.6, "trend": 59.469353, "fair_value": 50.727904, "relative_strength": 10.95437, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.592595, "energy": 25.00456, "activity_lines": [ 60.986598, 62.126495, 61.839633, 60.804738 ] }, { "date": "2026-04-03", "close": 62.79464, "volume": 488579, "typical_volume": 589917.35, "trend": 59.670993, "fair_value": 50.86717, "relative_strength": 9.900377, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.13183, "energy": 23.141942, "activity_lines": [ 61.423768, 62.144995, 62.024618, 61.019273 ] }, { "date": "2026-04-10", "close": 65.115346, "volume": 441934, "typical_volume": 582692.75, "trend": 59.959549, "fair_value": 51.017194, "relative_strength": 9.667452, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.449572, "energy": 30.823003, "activity_lines": [ 62.706783, 62.583976, 62.397834, 61.370522 ] }, { "date": "2026-04-17", "close": 67.40814, "volume": 501684, "typical_volume": 592612.95, "trend": 60.303757, "fair_value": 51.183216, "relative_strength": 8.378844, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.815558, "energy": 63.656796, "activity_lines": [ 64.541549, 63.390196, 62.943586, 61.851076 ] }, { "date": "2026-04-24", "close": 67.577608, "volume": 456560, "typical_volume": 594370.85, "trend": 60.655001, "fair_value": 51.354249, "relative_strength": 7.819651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.925956, "energy": 81.449575, "activity_lines": [ 65.974911, 64.182968, 63.460833, 62.320357 ] }, { "date": "2026-05-01", "close": 68.026198, "volume": 593785, "typical_volume": 604365.9, "trend": 61.008562, "fair_value": 51.531722, "relative_strength": 7.28651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.57435, "energy": 84.648052, "activity_lines": [ 67.046078, 65.001815, 63.978706, 62.795918 ] }, { "date": "2026-05-08", "close": 68.320274, "volume": 740272, "typical_volume": 614381.45, "trend": 61.458657, "fair_value": 51.714706, "relative_strength": 5.110594, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.892825, "energy": 86.027634, "activity_lines": [ 67.758041, 65.817545, 64.486117, 63.267641 ] }, { "date": "2026-05-15", "close": 66.181994, "volume": 622837, "typical_volume": 630266.95, "trend": 61.789843, "fair_value": 51.876362, "relative_strength": 1.508292, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.248016, "energy": 74.954883, "activity_lines": [ 67.388868, 66.163742, 64.747592, 63.572372 ] }, { "date": "2026-05-22", "close": 67.876668, "volume": 775935, "typical_volume": 642513.55, "trend": 62.105408, "fair_value": 52.04796, "relative_strength": 3.041791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.575394, "energy": 55.206868, "activity_lines": [ 67.513476, 66.740711, 65.13916, 63.965071 ] }, { "date": "2026-05-29", "close": 68.654224, "volume": 492847, "typical_volume": 621309.4, "trend": 62.500312, "fair_value": 52.21526, "relative_strength": 2.568065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.125099, "energy": 54.656254, "activity_lines": [ 67.866035, 67.325654, 65.561118, 64.387575 ] }, { "date": "2026-06-05", "close": 68.115916, "volume": 605014, "typical_volume": 617749.65, "trend": 62.903901, "fair_value": 52.372901, "relative_strength": 4.190988, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.737107, "energy": 49.480713, "activity_lines": [ 67.967383, 67.653587, 65.898165, 64.749872 ] }, { "date": "2026-06-12", "close": 71.22, "volume": 681753, "typical_volume": 634719.0, "trend": 63.414268, "fair_value": 52.548606, "relative_strength": 8.03305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.57536, "energy": 62.775497, "activity_lines": [ 69.097444, 68.419569, 66.504832, 65.286394 ] }, { "date": "2026-06-19", "close": 70.95, "volume": 796101, "typical_volume": 649638.75, "trend": 63.929527, "fair_value": 52.731887, "relative_strength": 6.37529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.569991, "energy": 74.428176, "activity_lines": [ 69.944191, 68.983271, 67.04528, 65.772571 ] }, { "date": "2026-06-26", "close": 73.1, "volume": 627336, "typical_volume": 628833.8, "trend": 64.431773, "fair_value": 52.919188, "relative_strength": 11.879987, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.465486, "energy": 87.67217, "activity_lines": [ 71.189737, 69.831798, 67.749707, 66.364214 ] }, { "date": "2026-07-03", "close": 72.63, "volume": 600378, "typical_volume": 633092.15, "trend": 64.894866, "fair_value": 53.104832, "relative_strength": 8.546949, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.983481, "energy": 88.268655, "activity_lines": [ 71.930394, 70.491382, 68.370676, 66.893132 ] }, { "date": "2026-07-10", "close": 72.47, "volume": 599691, "typical_volume": 643564.65, "trend": 65.31227, "fair_value": 53.280327, "relative_strength": 6.621849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.692193, "energy": 84.550412, "activity_lines": [ 72.352667, 71.030013, 68.937816, 67.38185 ] }, { "date": "2026-07-17", "close": 72.89, "volume": 623968, "typical_volume": 641916.1, "trend": 65.760636, "fair_value": 53.451487, "relative_strength": 8.618859, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.544221, "energy": 83.640652, "activity_lines": [ 72.624667, 71.564212, 69.508975, 67.870736 ] }, { "date": "2026-07-24", "close": 72.29, "volume": 472618, "typical_volume": 622615.1, "trend": 66.183362, "fair_value": 53.614238, "relative_strength": 8.064079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.912977, "energy": 62.511801, "activity_lines": [ 72.585333, 71.906234, 69.98008, 68.291986 ] }, { "date": "2026-07-31", "close": 72.34, "volume": 577327, "typical_volume": 621845.6, "trend": 66.637783, "fair_value": 53.778975, "relative_strength": 6.643305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.118185, "energy": 56.416039, "activity_lines": [ 72.473333, 72.146292, 70.406603, 68.689188 ] }, { "date": "2026-08-07", "close": 74.4, "volume": 704174, "typical_volume": 606431.7, "trend": 67.06481, "fair_value": 53.960492, "relative_strength": 5.661309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.889829, "energy": 61.139216, "activity_lines": [ 73.098667, 72.679744, 70.973124, 69.189976 ] } ], "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." } } }