{ "ticker": { "uuid": "4968a1fb-db52-4c68-a3d5-6c4861dfb58f", "symbol": "AWAY", "name": "AMPLIFY ETF TRUST TRAVEL TECH 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": 1, "stage_name": "Basing", "phase": "1c", "phase_label": "Stage 1C \u00b7 Breakout watch", "transition": "stage_1_to_2_watch", "transition_label": "Stage 1 \u2192 2 watch", "confidence": 63.319, "architecture_regime": "rotation_up", "architecture_regime_label": "Rotation Up", "architecture_modifier": "Value reclamation", "architecture_gate": "up", "architecture_direction": 83.374, "architecture_energy": 78.079, "architecture_maturity": 18.323, "architecture_confidence": 68.591, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The Activity Line structure is rotating upward.", "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair." }, "scores": { "balance": 16.91, "rotation_up": 73.69, "upward_expansion": 90.3, "deceleration": 45.24, "rotation_down": 11.1, "downward_expansion": 16.96 }, "activity_lines": [ 19.06254, 18.665831, 18.088103, 17.772617 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 19.985, "trend_reference": 17.700853, "distance_from_trend": 0.129042, "trend_direction": "Weakening", "fair_value": 19.582506, "distance_from_fair_value": 0.020554, "fair_value_direction": "Improving", "relative_strength": -8.060094, "relative_strength_direction": "Improving", "price_momentum": 0.097203, "excess_performance": -0.028422, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.129042, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.045596, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.020554, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.100856, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.080601, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.131319, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.097203, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.478955, "read": "Demand-led" } ], "volume": { "latest": 320075, "relative_activity": 6.453906, "balance": 2.478955, "dry_up": 1.852331, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.04394, "annualized_volatility": 0.296267, "from_high_reference": -0.139875, "from_low_reference": 0.289363 }, "levels": { "trend_reference": 17.700853, "fair_value_reference": 19.582506, "structural_low": 15.4999, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 8, "median_return": -0.002324, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.013557, "regime_survival": 0.375, "best_return": 0.079721, "worst_return": -0.060818, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": -0.005729, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.036466, "regime_survival": 0.0, "best_return": 0.087378, "worst_return": -0.194833, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": -0.025938, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.09485, "regime_survival": 0.0, "best_return": 0.025834, "worst_return": -0.092637, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.005884, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.182935, "regime_survival": 0.0, "best_return": 0.02592, "worst_return": -0.014151, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-07", "tenure": "New", "return": -0.066905, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.006955, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.05976, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-18", "end": "2025-05-16", "tenure": "Developing", "return": 0.123974, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.039226, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-25", "tenure": "Developing", "return": 0.075396, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": 0.035182, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": 0.008137, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-17", "tenure": "Developing", "return": -0.02551, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-24", "end": "2025-11-21", "tenure": "Developing", "return": -0.093746, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": 0.03484, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-06-12", "tenure": "Extended", "return": -0.178935, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-07-10", "tenure": "New", "return": 0.030006, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.088235, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 17.406684, "volume": 92796, "typical_volume": 161188.35, "trend": 17.519007, "fair_value": 22.262166, "relative_strength": -6.876478, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.372571, "energy": 34.821427, "activity_lines": [ 17.946364, 17.808725, 17.488339, 17.398709 ] }, { "date": "2023-08-25", "close": 17.396715, "volume": 90084, "typical_volume": 161804.25, "trend": 17.44623, "fair_value": 22.240874, "relative_strength": -7.422137, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 12.193342, "energy": 11.496892, "activity_lines": [ 17.737006, 17.762322, 17.501252, 17.390819 ] }, { "date": "2023-09-01", "close": 18.03476, "volume": 182099, "typical_volume": 164231.95, "trend": 17.390401, "fair_value": 22.226802, "relative_strength": -6.172308, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 45.553685, "energy": 22.584642, "activity_lines": [ 17.772896, 17.837365, 17.572794, 17.428789 ] }, { "date": "2023-09-08", "close": 17.446562, "volume": 59364, "typical_volume": 160921.8, "trend": 17.358166, "fair_value": 22.212181, "relative_strength": -7.803695, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 32.284359, "energy": 20.509233, "activity_lines": [ 17.645287, 17.784074, 17.583523, 17.432412 ] }, { "date": "2023-09-15", "close": 17.546257, "volume": 175400, "typical_volume": 162704.25, "trend": 17.328258, "fair_value": 22.197489, "relative_strength": -6.836967, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.853827, "energy": 17.757592, "activity_lines": [ 17.588128, 17.740389, 17.601658, 17.444547 ] }, { "date": "2023-09-22", "close": 16.718791, "volume": 172704, "typical_volume": 162734.4, "trend": 17.293365, "fair_value": 22.188077, "relative_strength": -8.325656, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.032384, "energy": 10.726019, "activity_lines": [ 17.30566, 17.536287, 17.538281, 17.405226 ] }, { "date": "2023-09-29", "close": 16.788577, "volume": 75290, "typical_volume": 148948.95, "trend": 17.237868, "fair_value": 22.174321, "relative_strength": -7.079116, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.021199, "energy": 24.994692, "activity_lines": [ 17.092314, 17.365719, 17.481692, 17.372659 ] }, { "date": "2023-10-06", "close": 16.220318, "volume": 167746, "typical_volume": 147859.85, "trend": 17.20663, "fair_value": 22.151173, "relative_strength": -10.36069, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.648817, "energy": 49.905863, "activity_lines": [ 16.73009, 17.111769, 17.369275, 17.307011 ] }, { "date": "2023-10-13", "close": 15.81157, "volume": 132239, "typical_volume": 141203.15, "trend": 17.176057, "fair_value": 22.133326, "relative_strength": -12.753581, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.922249, "energy": 64.978533, "activity_lines": [ 16.352579, 16.825374, 17.219875, 17.217007 ] }, { "date": "2023-10-20", "close": 15.193264, "volume": 184727, "typical_volume": 142724.5, "trend": 17.121551, "fair_value": 22.107683, "relative_strength": -13.834647, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -84.326652, "energy": 85.022979, "activity_lines": [ 15.877967, 16.466437, 17.01477, 17.089085 ] }, { "date": "2023-10-27", "close": 14.914318, "volume": 94018, "typical_volume": 139556.95, "trend": 17.043124, "fair_value": 22.091878, "relative_strength": -13.040794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.337055, "energy": 89.773727, "activity_lines": [ 15.467238, 16.11334, 16.7925, 16.946683 ] }, { "date": "2023-11-03", "close": 16.310043, "volume": 97868, "typical_volume": 135253.75, "trend": 17.021856, "fair_value": 22.07138, "relative_strength": -9.894572, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.606438, "energy": 76.358694, "activity_lines": [ 15.642049, 16.059327, 16.714454, 16.899387 ] }, { "date": "2023-11-10", "close": 16.629066, "volume": 125185, "typical_volume": 126701.25, "trend": 17.008564, "fair_value": 22.034498, "relative_strength": -9.11578, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.134188, "energy": 48.28637, "activity_lines": [ 15.955104, 16.083076, 16.67339, 16.874046 ] }, { "date": "2023-11-17", "close": 17.658214, "volume": 111223, "typical_volume": 128324.5, "trend": 17.030241, "fair_value": 21.997442, "relative_strength": -5.530335, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.605951, "energy": 13.777374, "activity_lines": [ 16.583958, 16.319501, 16.731432, 16.915959 ] }, { "date": "2023-11-24", "close": 17.775554, "volume": 63675, "typical_volume": 121842.85, "trend": 17.056826, "fair_value": 21.952515, "relative_strength": -5.721183, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 16.116819, "energy": 29.036307, "activity_lines": [ 17.128815, 16.573413, 16.797411, 16.964044 ] }, { "date": "2023-12-01", "close": 17.979131, "volume": 95806, "typical_volume": 121903.75, "trend": 17.09784, "fair_value": 21.900204, "relative_strength": -5.24606, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.673288, "energy": 36.50921, "activity_lines": [ 17.569379, 16.860169, 16.879074, 17.023547 ] }, { "date": "2023-12-08", "close": 18.246113, "volume": 207473, "typical_volume": 124558.05, "trend": 17.158388, "fair_value": 21.853502, "relative_strength": -3.912935, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 36.392212, "energy": 46.4415, "activity_lines": [ 17.894616, 17.172552, 16.985623, 17.097629 ] }, { "date": "2023-12-15", "close": 18.981859, "volume": 168628, "typical_volume": 125094.0, "trend": 17.236814, "fair_value": 21.812985, "relative_strength": -2.251709, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.181079, "energy": 69.253156, "activity_lines": [ 18.336031, 17.592207, 17.160524, 17.215273 ] }, { "date": "2023-12-22", "close": 19.440455, "volume": 276732, "typical_volume": 134061.5, "trend": 17.335512, "fair_value": 21.77758, "relative_strength": -0.716181, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 86.036705, "energy": 88.634772, "activity_lines": [ 18.773458, 18.045033, 17.376917, 17.357443 ] }, { "date": "2023-12-29", "close": 19.412441, "volume": 131468, "typical_volume": 135226.25, "trend": 17.410346, "fair_value": 21.7365, "relative_strength": -1.074032, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.7425, "energy": 88.856999, "activity_lines": [ 19.082731, 18.426785, 17.583805, 17.491438 ] }, { "date": "2024-01-05", "close": 18.842287, "volume": 148265, "typical_volume": 137999.7, "trend": 17.462188, "fair_value": 21.689912, "relative_strength": -2.219383, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.156675, "energy": 82.431219, "activity_lines": [ 19.092826, 18.628161, 17.731115, 17.583822 ] }, { "date": "2024-01-12", "close": 18.944275, "volume": 138020, "typical_volume": 140396.5, "trend": 17.503803, "fair_value": 21.645192, "relative_strength": -3.179379, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.164654, "energy": 76.338563, "activity_lines": [ 19.079374, 18.776663, 17.881302, 17.67944 ] }, { "date": "2024-01-19", "close": 18.752562, "volume": 115459, "typical_volume": 137064.5, "trend": 17.566943, "fair_value": 21.596687, "relative_strength": -4.859604, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.792567, "energy": 54.272101, "activity_lines": [ 18.955474, 18.842412, 18.005861, 17.760005 ] }, { "date": "2024-01-26", "close": 19.001798, "volume": 131815, "typical_volume": 140687.05, "trend": 17.634403, "fair_value": 21.557129, "relative_strength": -4.12802, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.744187, "energy": 48.064098, "activity_lines": [ 18.929939, 18.914868, 18.150739, 17.852576 ] }, { "date": "2024-02-02", "close": 19.026024, "volume": 61464, "typical_volume": 134990.25, "trend": 17.702006, "fair_value": 21.492227, "relative_strength": -4.90174, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.97576, "energy": 44.096143, "activity_lines": [ 18.941722, 18.9673, 18.290518, 17.942358 ] }, { "date": "2024-02-09", "close": 19.081554, "volume": 160459, "typical_volume": 134378.0, "trend": 17.742549, "fair_value": 21.424166, "relative_strength": -5.580166, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.06099, "energy": 42.975757, "activity_lines": [ 18.997777, 19.007093, 18.428539, 18.031362 ] }, { "date": "2024-02-16", "close": 19.440455, "volume": 104111, "typical_volume": 135819.05, "trend": 17.79439, "fair_value": 21.344027, "relative_strength": -3.152634, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.719528, "energy": 54.178119, "activity_lines": [ 19.157515, 19.092096, 18.589489, 18.140904 ] }, { "date": "2024-02-23", "close": 19.300882, "volume": 137226, "typical_volume": 134293.05, "trend": 17.820311, "fair_value": 21.25852, "relative_strength": -5.086293, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.74795, "energy": 51.510735, "activity_lines": [ 19.237649, 19.130007, 18.72452, 18.238097 ] }, { "date": "2024-03-01", "close": 19.550119, "volume": 159210, "typical_volume": 135641.6, "trend": 17.871819, "fair_value": 21.186369, "relative_strength": -4.419986, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.183687, "energy": 55.985897, "activity_lines": [ 19.364308, 19.207434, 18.868617, 18.349697 ] }, { "date": "2024-03-08", "close": 19.679722, "volume": 102102, "typical_volume": 131510.35, "trend": 17.917679, "fair_value": 21.098497, "relative_strength": -3.262201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.196567, "energy": 59.843872, "activity_lines": [ 19.497613, 19.306431, 19.007255, 18.466336 ] }, { "date": "2024-03-15", "close": 19.639844, "volume": 62841, "typical_volume": 129951.5, "trend": 17.992118, "fair_value": 21.012223, "relative_strength": -3.169154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.455269, "energy": 59.106798, "activity_lines": [ 19.574046, 19.393317, 19.120732, 18.577444 ] }, { "date": "2024-03-22", "close": 20.387255, "volume": 93813, "typical_volume": 129748.75, "trend": 18.091802, "fair_value": 20.944735, "relative_strength": -1.487044, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.762362, "energy": 74.702753, "activity_lines": [ 19.862396, 19.601596, 19.282887, 18.731969 ] }, { "date": "2024-03-29", "close": 20.432177, "volume": 69131, "typical_volume": 126946.05, "trend": 18.171716, "fair_value": 20.872806, "relative_strength": -1.443003, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.694724, "energy": 77.155169, "activity_lines": [ 20.1026, 19.791806, 19.429906, 18.882961 ] }, { "date": "2024-04-05", "close": 20.312399, "volume": 56331, "typical_volume": 124201.45, "trend": 18.267244, "fair_value": 20.806565, "relative_strength": -1.007365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.306754, "energy": 75.231492, "activity_lines": [ 20.227459, 19.9297, 19.547407, 19.021069 ] }, { "date": "2024-04-12", "close": 19.923119, "volume": 73104, "typical_volume": 124672.9, "trend": 18.346473, "fair_value": 20.739105, "relative_strength": -1.325498, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.654586, "energy": 56.996071, "activity_lines": [ 20.171738, 19.972986, 19.615195, 19.1279 ] }, { "date": "2024-04-19", "close": 19.13977, "volume": 99336, "typical_volume": 124849.4, "trend": 18.427172, "fair_value": 20.667072, "relative_strength": -2.048582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.830389, "energy": 35.669993, "activity_lines": [ 19.838675, 19.857535, 19.598152, 19.17908 ] }, { "date": "2024-04-26", "close": 20.062861, "volume": 89229, "typical_volume": 118937.2, "trend": 18.536315, "fair_value": 20.602937, "relative_strength": 0.123807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.989259, "energy": 30.2454, "activity_lines": [ 19.846648, 19.90886, 19.663496, 19.284609 ] }, { "date": "2024-05-03", "close": 20.13363, "volume": 43888, "typical_volume": 112700.2, "trend": 18.666759, "fair_value": 20.544624, "relative_strength": -0.03053, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.947348, "energy": 26.667067, "activity_lines": [ 19.899836, 19.961735, 19.726928, 19.387661 ] }, { "date": "2024-05-10", "close": 19.903456, "volume": 69470, "typical_volume": 102337.1, "trend": 18.803155, "fair_value": 20.488926, "relative_strength": -2.87713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.018491, "energy": 21.672253, "activity_lines": [ 19.896203, 19.95762, 19.762954, 19.467448 ] }, { "date": "2024-05-17", "close": 20.5819, "volume": 58822, "typical_volume": 98704.8, "trend": 18.982776, "fair_value": 20.433997, "relative_strength": -1.130784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.901032, "energy": 43.466616, "activity_lines": [ 20.14598, 20.070434, 19.861389, 19.582206 ] }, { "date": "2024-05-24", "close": 19.86323, "volume": 82874, "typical_volume": 95435.25, "trend": 19.14774, "fair_value": 20.362128, "relative_strength": -4.474299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.620014, "energy": 33.473758, "activity_lines": [ 20.112283, 20.036177, 19.88581, 19.639009 ] }, { "date": "2024-05-31", "close": 19.823304, "volume": 97844, "typical_volume": 93426.45, "trend": 19.264849, "fair_value": 20.28815, "relative_strength": -4.145971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.253044, "energy": 27.496599, "activity_lines": [ 20.017045, 19.9906, 19.901568, 19.682594 ] }, { "date": "2024-06-07", "close": 19.803341, "volume": 75254, "typical_volume": 91416.2, "trend": 19.370658, "fair_value": 20.214171, "relative_strength": -5.26065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.119141, "energy": 19.856921, "activity_lines": [ 19.931124, 19.951647, 19.911238, 19.717336 ] }, { "date": "2024-06-14", "close": 19.463969, "volume": 57109, "typical_volume": 87680.9, "trend": 19.43085, "fair_value": 20.145814, "relative_strength": -8.170276, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.645509, "energy": 9.052457, "activity_lines": [ 19.754099, 19.862423, 19.883583, 19.723356 ] }, { "date": "2024-06-21", "close": 19.583748, "volume": 74491, "typical_volume": 88332.25, "trend": 19.491123, "fair_value": 20.074262, "relative_strength": -8.037454, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.442954, "energy": 12.729753, "activity_lines": [ 19.646298, 19.810403, 19.865136, 19.73322 ] }, { "date": "2024-06-28", "close": 19.55, "volume": 54591, "typical_volume": 83038.85, "trend": 19.543485, "fair_value": 20.007926, "relative_strength": -8.015092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.117999, "energy": 12.411926, "activity_lines": [ 19.593792, 19.758417, 19.840818, 19.737019 ] }, { "date": "2024-07-05", "close": 19.77, "volume": 37897, "typical_volume": 79728.15, "trend": 19.594281, "fair_value": 19.950925, "relative_strength": -8.562746, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.304689, "energy": 11.538155, "activity_lines": [ 19.635502, 19.738973, 19.835222, 19.751633 ] }, { "date": "2024-07-12", "close": 20.21, "volume": 78786, "typical_volume": 76806.15, "trend": 19.635219, "fair_value": 19.904796, "relative_strength": -7.226979, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.869961, "energy": 14.36249, "activity_lines": [ 19.827431, 19.804853, 19.869961, 19.791356 ] }, { "date": "2024-07-19", "close": 19.74, "volume": 61500, "typical_volume": 71920.65, "trend": 19.645204, "fair_value": 19.855655, "relative_strength": -7.378709, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.129685, "energy": 11.152761, "activity_lines": [ 19.835583, 19.78389, 19.855609, 19.798116 ] }, { "date": "2024-07-26", "close": 19.3, "volume": 62227, "typical_volume": 69926.9, "trend": 19.641456, "fair_value": 19.804971, "relative_strength": -8.429659, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.682076, "energy": 2.278083, "activity_lines": [ 19.678667, 19.6859, 19.798449, 19.775845 ] }, { "date": "2024-08-02", "close": 18.0468, "volume": 260501, "typical_volume": 79809.9, "trend": 19.61494, "fair_value": 19.748491, "relative_strength": -12.216199, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -52.079823, "energy": 51.624641, "activity_lines": [ 19.122933, 19.383362, 19.623744, 19.672964 ] }, { "date": "2024-08-09", "close": 18.06, "volume": 73154, "typical_volume": 78776.95, "trend": 19.585464, "fair_value": 19.694907, "relative_strength": -11.825486, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -77.556504, "energy": 76.428024, "activity_lines": [ 18.671813, 19.11625, 19.457882, 19.572645 ] }, { "date": "2024-08-16", "close": 18.3216, "volume": 67630, "typical_volume": 78701.9, "trend": 19.571099, "fair_value": 19.654951, "relative_strength": -13.669709, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.053206, "energy": 77.793212, "activity_lines": [ 18.421893, 18.928761, 19.328017, 19.491106 ] }, { "date": "2024-08-23", "close": 18.91, "volume": 62054, "typical_volume": 78988.05, "trend": 19.568039, "fair_value": 19.605346, "relative_strength": -11.850861, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.609009, "energy": 75.427838, "activity_lines": [ 18.494, 18.875195, 19.26424, 19.448454 ] }, { "date": "2024-08-30", "close": 18.951, "volume": 65330, "typical_volume": 78599.35, "trend": 19.565538, "fair_value": 19.554022, "relative_strength": -11.594663, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.978851, "energy": 59.452036, "activity_lines": [ 18.635107, 18.839156, 19.211046, 19.408645 ] }, { "date": "2024-09-06", "close": 18.35, "volume": 35889, "typical_volume": 75427.0, "trend": 19.541153, "fair_value": 19.499102, "relative_strength": -10.443545, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.816818, "energy": 43.075954, "activity_lines": [ 18.599147, 18.705349, 19.105243, 19.330224 ] }, { "date": "2024-09-13", "close": 18.87, "volume": 43585, "typical_volume": 73144.8, "trend": 19.522138, "fair_value": 19.44841, "relative_strength": -11.164492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.051271, "energy": 27.296626, "activity_lines": [ 18.716307, 18.687905, 19.052725, 19.286923 ] }, { "date": "2024-09-20", "close": 19.47, "volume": 28327, "typical_volume": 72366.75, "trend": 19.527775, "fair_value": 19.389613, "relative_strength": -9.389264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.554522, "energy": 16.380832, "activity_lines": [ 18.979467, 18.795916, 19.06303, 19.28356 ] }, { "date": "2024-09-27", "close": 20.62, "volume": 52267, "typical_volume": 71506.6, "trend": 19.563438, "fair_value": 19.334801, "relative_strength": -4.396991, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 4.819255, "energy": 16.629431, "activity_lines": [ 19.5494, 19.126473, 19.186019, 19.354026 ] }, { "date": "2024-10-04", "close": 20.61, "volume": 110593, "typical_volume": 74095.15, "trend": 19.594447, "fair_value": 19.282418, "relative_strength": -4.58315, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 35.075282, "energy": 38.098068, "activity_lines": [ 20.002, 19.439211, 19.304643, 19.421546 ] }, { "date": "2024-10-11", "close": 20.6483, "volume": 46359, "typical_volume": 72269.4, "trend": 19.628062, "fair_value": 19.228554, "relative_strength": -5.42138, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.700181, "energy": 53.01863, "activity_lines": [ 20.356767, 19.735095, 19.426781, 19.489536 ] }, { "date": "2024-10-18", "close": 20.41, "volume": 74601, "typical_volume": 71107.25, "trend": 19.62882, "fair_value": 19.184091, "relative_strength": -7.23605, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.685478, "energy": 57.029502, "activity_lines": [ 20.47888, 19.940351, 19.522486, 19.539984 ] }, { "date": "2024-10-25", "close": 20.075, "volume": 36020, "typical_volume": 69145.55, "trend": 19.616914, "fair_value": 19.138695, "relative_strength": -7.783306, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.075261, "energy": 55.473081, "activity_lines": [ 20.38666, 20.041971, 19.583492, 19.56877 ] }, { "date": "2024-11-01", "close": 20.255, "volume": 41277, "typical_volume": 68353.95, "trend": 19.615001, "fair_value": 19.085122, "relative_strength": -5.529277, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.100114, "energy": 39.230702, "activity_lines": [ 20.314107, 20.144438, 19.660347, 19.609937 ] }, { "date": "2024-11-08", "close": 21.18, "volume": 82893, "typical_volume": 68774.05, "trend": 19.656897, "fair_value": 19.041313, "relative_strength": -5.560898, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.654259, "energy": 51.143232, "activity_lines": [ 20.57422, 20.390633, 19.82153, 19.710904 ] }, { "date": "2024-11-15", "close": 21.03, "volume": 72609, "typical_volume": 69674.95, "trend": 19.719905, "fair_value": 19.00664, "relative_strength": -4.051235, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.66156, "energy": 51.30735, "activity_lines": [ 20.746333, 20.569027, 19.960827, 19.799492 ] }, { "date": "2024-11-22", "close": 21.55, "volume": 42378, "typical_volume": 69899.0, "trend": 19.769476, "fair_value": 18.991596, "relative_strength": -3.121714, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.843913, "energy": 70.647809, "activity_lines": [ 21.066333, 20.79324, 20.1426, 19.917562 ] }, { "date": "2024-11-29", "close": 22.261, "volume": 47987, "typical_volume": 68359.05, "trend": 19.840388, "fair_value": 18.987118, "relative_strength": -0.954515, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.646109, "energy": 84.372038, "activity_lines": [ 21.547333, 21.097998, 20.383611, 20.078306 ] }, { "date": "2024-12-06", "close": 22.37, "volume": 70368, "typical_volume": 68802.45, "trend": 19.922606, "fair_value": 18.97356, "relative_strength": -1.158561, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.867967, "energy": 86.216647, "activity_lines": [ 21.918933, 21.371829, 20.625236, 20.241507 ] }, { "date": "2024-12-13", "close": 21.8, "volume": 57248, "typical_volume": 68553.5, "trend": 19.96321, "fair_value": 18.964401, "relative_strength": -2.865043, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.990065, "energy": 77.888665, "activity_lines": [ 21.959533, 21.510205, 20.800052, 20.362629 ] }, { "date": "2024-12-20", "close": 21.3308, "volume": 73358, "typical_volume": 59196.35, "trend": 20.012129, "fair_value": 18.94399, "relative_strength": -2.902944, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.742706, "energy": 57.1163, "activity_lines": [ 21.8024, 21.541636, 20.918277, 20.45086 ] }, { "date": "2024-12-27", "close": 21.6323, "volume": 62706, "typical_volume": 58673.95, "trend": 20.072429, "fair_value": 18.926917, "relative_strength": -1.91509, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.14824, "energy": 47.476224, "activity_lines": [ 21.725713, 21.615476, 21.049579, 20.555388 ] }, { "date": "2025-01-03", "close": 21.54, "volume": 78529, "typical_volume": 59218.9, "trend": 20.130317, "fair_value": 18.910787, "relative_strength": -1.604303, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.014622, "energy": 34.637455, "activity_lines": [ 21.612773, 21.650311, 21.155079, 20.65007 ] }, { "date": "2025-01-10", "close": 20.53, "volume": 43513, "typical_volume": 58291.85, "trend": 20.165852, "fair_value": 18.890227, "relative_strength": -4.123048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.378977, "energy": 19.888617, "activity_lines": [ 21.211233, 21.474873, 21.149062, 20.675856 ] }, { "date": "2025-01-17", "close": 21.3542, "volume": 53338, "typical_volume": 57692.25, "trend": 20.224867, "fair_value": 18.879233, "relative_strength": -2.942074, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.669127, "energy": 18.672219, "activity_lines": [ 21.207093, 21.444289, 21.213827, 20.752523 ] }, { "date": "2025-01-24", "close": 21.67, "volume": 43651, "typical_volume": 58080.35, "trend": 20.295533, "fair_value": 18.876078, "relative_strength": -2.995283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.484771, "energy": 19.521529, "activity_lines": [ 21.33794, 21.467956, 21.297224, 20.845758 ] }, { "date": "2025-01-31", "close": 21.73, "volume": 51654, "typical_volume": 58483.8, "trend": 20.360867, "fair_value": 18.864681, "relative_strength": -1.584672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.4184, "energy": 21.489096, "activity_lines": [ 21.466173, 21.490896, 21.370526, 20.938304 ] }, { "date": "2025-02-07", "close": 22.23, "volume": 32766, "typical_volume": 58705.75, "trend": 20.4282, "fair_value": 18.849331, "relative_strength": 0.938182, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.804351, "energy": 40.342617, "activity_lines": [ 21.75456, 21.601473, 21.477828, 21.058893 ] }, { "date": "2025-02-14", "close": 22.6111, "volume": 60110, "typical_volume": 59097.9, "trend": 20.523903, "fair_value": 18.833548, "relative_strength": 1.2888, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.813024, "energy": 58.338465, "activity_lines": [ 22.12398, 21.781904, 21.608282, 21.199725 ] }, { "date": "2025-02-21", "close": 22.2, "volume": 93525, "typical_volume": 58244.5, "trend": 20.62057, "fair_value": 18.821841, "relative_strength": 1.144145, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.284648, "energy": 58.091372, "activity_lines": [ 22.217627, 21.883205, 21.690103, 21.307861 ] }, { "date": "2025-02-28", "close": 21.16, "volume": 86491, "typical_volume": 60251.1, "trend": 20.724343, "fair_value": 18.819762, "relative_strength": -2.505989, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.777204, "energy": 32.888882, "activity_lines": [ 21.90822, 21.788144, 21.665304, 21.342663 ] }, { "date": "2025-03-07", "close": 21.0983, "volume": 61574, "typical_volume": 59599.75, "trend": 20.82562, "fair_value": 18.821059, "relative_strength": 0.414322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.931045, "energy": 15.244919, "activity_lines": [ 21.612247, 21.684969, 21.632193, 21.366789 ] }, { "date": "2025-03-14", "close": 20.13, "volume": 50383, "typical_volume": 60317.9, "trend": 20.8859, "fair_value": 18.79915, "relative_strength": -1.800594, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.918704, "energy": 18.586281, "activity_lines": [ 21.03562, 21.415449, 21.503585, 21.32191 ] }, { "date": "2025-03-21", "close": 20.48, "volume": 46272, "typical_volume": 60567.65, "trend": 20.938233, "fair_value": 18.782168, "relative_strength": -0.426408, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.738707, "energy": 31.784605, "activity_lines": [ 20.71566, 21.235202, 21.408048, 21.295723 ] }, { "date": "2025-03-28", "close": 19.99, "volume": 31598, "typical_volume": 58002.9, "trend": 20.972867, "fair_value": 18.756869, "relative_strength": -1.166807, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.587871, "energy": 49.264726, "activity_lines": [ 20.37444, 20.966773, 21.264773, 21.234547 ] }, { "date": "2025-04-04", "close": 17.679, "volume": 69117, "typical_volume": 57828.3, "trend": 20.9505, "fair_value": 18.72436, "relative_strength": -3.638832, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -64.411184, "energy": 75.887729, "activity_lines": [ 19.41022, 20.302965, 20.90707, 21.022039 ] }, { "date": "2025-04-11", "close": 18.7355, "volume": 75826, "typical_volume": 59500.7, "trend": 20.946017, "fair_value": 18.69364, "relative_strength": -3.135667, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.56906, "energy": 79.907863, "activity_lines": [ 19.030233, 19.903813, 20.665943, 20.879136 ] }, { "date": "2025-04-18", "close": 18.9951, "volume": 34124, "typical_volume": 58807.55, "trend": 20.930187, "fair_value": 18.671996, "relative_strength": -0.226636, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.939782, "energy": 78.686651, "activity_lines": [ 18.8943, 19.606305, 20.462942, 20.75327 ] }, { "date": "2025-04-25", "close": 19.6, "volume": 49318, "typical_volume": 57755.05, "trend": 20.896187, "fair_value": 18.655317, "relative_strength": -1.349779, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.468129, "energy": 70.80888, "activity_lines": [ 19.03566, 19.477596, 20.333102, 20.667452 ] }, { "date": "2025-05-02", "close": 20.3167, "volume": 61597, "typical_volume": 57972.5, "trend": 20.88641, "fair_value": 18.654863, "relative_strength": -0.437054, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.865719, "energy": 38.509416, "activity_lines": [ 19.474587, 19.533944, 20.28471, 20.630066 ] }, { "date": "2025-05-09", "close": 20.305, "volume": 33121, "typical_volume": 55960.65, "trend": 20.874967, "fair_value": 18.659446, "relative_strength": 0.077657, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.074815, "energy": 22.168463, "activity_lines": [ 19.887833, 19.622405, 20.242268, 20.592555 ] }, { "date": "2025-05-16", "close": 21.35, "volume": 37633, "typical_volume": 54707.0, "trend": 20.9063, "fair_value": 18.670408, "relative_strength": 0.124265, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.259007, "energy": 19.607416, "activity_lines": [ 20.474347, 19.916413, 20.304233, 20.623203 ] }, { "date": "2025-05-23", "close": 20.8869, "volume": 84576, "typical_volume": 55009.35, "trend": 20.933363, "fair_value": 18.671181, "relative_strength": 0.608715, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.381371, "energy": 23.448524, "activity_lines": [ 20.732193, 20.121644, 20.323439, 20.621951 ] }, { "date": "2025-05-30", "close": 21.15, "volume": 84515, "typical_volume": 57059.45, "trend": 20.963197, "fair_value": 18.676132, "relative_strength": 0.216407, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.670384, "energy": 21.997037, "activity_lines": [ 20.95162, 20.360949, 20.370811, 20.635928 ] }, { "date": "2025-06-06", "close": 21.7062, "volume": 25122, "typical_volume": 55648.65, "trend": 20.980737, "fair_value": 18.691934, "relative_strength": 1.250249, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.534382, "energy": 32.107608, "activity_lines": [ 21.253113, 20.6892, 20.468202, 20.683863 ] }, { "date": "2025-06-13", "close": 20.96, "volume": 30679, "typical_volume": 55000.05, "trend": 20.978403, "fair_value": 18.709983, "relative_strength": -1.816351, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 18.066347, "energy": 26.928519, "activity_lines": [ 21.21324, 20.850575, 20.492851, 20.682525 ] }, { "date": "2025-06-20", "close": 20.575, "volume": 11978, "typical_volume": 53016.25, "trend": 20.945903, "fair_value": 18.724222, "relative_strength": -3.371975, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 14.990555, "energy": 17.525634, "activity_lines": [ 21.001367, 20.882295, 20.484214, 20.656499 ] }, { "date": "2025-06-27", "close": 21.4, "volume": 58900, "typical_volume": 54322.95, "trend": 20.917203, "fair_value": 18.748669, "relative_strength": -2.787501, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.541454, "energy": 19.032124, "activity_lines": [ 21.11616, 21.030569, 20.559648, 20.685796 ] }, { "date": "2025-07-04", "close": 22.15, "volume": 29753, "typical_volume": 52805.1, "trend": 20.90987, "fair_value": 18.777542, "relative_strength": -1.02329, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.395792, "energy": 28.76281, "activity_lines": [ 21.446747, 21.271482, 20.710463, 20.765331 ] }, { "date": "2025-07-11", "close": 22.1706, "volume": 60249, "typical_volume": 51141.3, "trend": 20.922223, "fair_value": 18.814534, "relative_strength": -0.605289, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.870125, "energy": 49.88248, "activity_lines": [ 21.717533, 21.469776, 20.865436, 20.846669 ] }, { "date": "2025-07-18", "close": 22.18, "volume": 23236, "typical_volume": 47978.55, "trend": 20.95053, "fair_value": 18.848136, "relative_strength": -1.134162, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.812687, "energy": 61.027875, "activity_lines": [ 21.960493, 21.636073, 21.021444, 20.927815 ] }, { "date": "2025-07-25", "close": 22.5403, "volume": 25052, "typical_volume": 46152.45, "trend": 20.980797, "fair_value": 18.880021, "relative_strength": -1.002301, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.118876, "energy": 77.595502, "activity_lines": [ 22.24222, 21.833787, 21.20691, 21.030381 ] }, { "date": "2025-08-01", "close": 20.9, "volume": 74421, "typical_volume": 47354.35, "trend": 20.959463, "fair_value": 18.893787, "relative_strength": -5.901875, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.468139, "energy": 48.032889, "activity_lines": [ 21.84616, 21.711624, 21.229289, 21.025169 ] }, { "date": "2025-08-08", "close": 21.3, "volume": 95303, "typical_volume": 49805.9, "trend": 20.98513, "fair_value": 18.905196, "relative_strength": -6.383585, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.121485, "energy": 26.680261, "activity_lines": [ 21.616767, 21.661949, 21.286097, 21.047139 ] }, { "date": "2025-08-15", "close": 21.6353, "volume": 38977, "typical_volume": 50174.85, "trend": 20.9945, "fair_value": 18.926551, "relative_strength": -5.843177, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.545949, "energy": 20.347531, "activity_lines": [ 21.555807, 21.670511, 21.370934, 21.089085 ] }, { "date": "2025-08-22", "close": 22.12, "volume": 45923, "typical_volume": 49015.15, "trend": 21.0095, "fair_value": 18.952418, "relative_strength": -4.024109, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.992725, "energy": 24.063819, "activity_lines": [ 21.6921, 21.768489, 21.494098, 21.161698 ] }, { "date": "2025-08-29", "close": 22.3, "volume": 44900, "typical_volume": 47468.85, "trend": 21.0285, "fair_value": 18.98238, "relative_strength": -3.231891, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.862667, "energy": 36.712621, "activity_lines": [ 21.892393, 21.878104, 21.613257, 21.244956 ] }, { "date": "2025-09-05", "close": 21.94, "volume": 27426, "typical_volume": 47133.95, "trend": 21.018833, "fair_value": 19.005752, "relative_strength": -5.091531, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.298821, "energy": 43.617373, "activity_lines": [ 21.988707, 21.8909, 21.681156, 21.303763 ] }, { "date": "2025-09-12", "close": 22.385, "volume": 30384, "typical_volume": 46187.25, "trend": 21.011297, "fair_value": 19.034341, "relative_strength": -4.667473, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.864836, "energy": 56.682301, "activity_lines": [ 22.16402, 21.974787, 21.777413, 21.391902 ] }, { "date": "2025-09-19", "close": 23.0766, "volume": 68789, "typical_volume": 46546.85, "trend": 21.040517, "fair_value": 19.078995, "relative_strength": -2.926119, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.679198, "energy": 69.653423, "activity_lines": [ 22.497533, 22.180147, 21.926275, 21.525148 ] }, { "date": "2025-09-26", "close": 22.34, "volume": 31336, "typical_volume": 46457.6, "trend": 21.07985, "fair_value": 19.121355, "relative_strength": -5.617687, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.791595, "energy": 58.102505, "activity_lines": [ 22.489427, 22.235107, 21.991842, 21.608985 ] }, { "date": "2025-10-03", "close": 22.2497, "volume": 39004, "typical_volume": 46526.15, "trend": 21.11823, "fair_value": 19.161027, "relative_strength": -6.879117, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.575197, "energy": 49.758795, "activity_lines": [ 22.436553, 22.27074, 22.039119, 21.68446 ] }, { "date": "2025-10-10", "close": 21.1835, "volume": 24236, "typical_volume": 43509.15, "trend": 21.153347, "fair_value": 19.199233, "relative_strength": -8.965959, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.686546, "energy": 17.112368, "activity_lines": [ 22.031633, 22.117802, 21.980569, 21.688671 ] }, { "date": "2025-10-17", "close": 21.3803, "volume": 26522, "typical_volume": 40609.5, "trend": 21.183357, "fair_value": 19.234419, "relative_strength": -9.538547, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.529936, "energy": 15.360587, "activity_lines": [ 21.742747, 21.995491, 21.939349, 21.703313 ] }, { "date": "2025-10-24", "close": 21.8537, "volume": 33052, "typical_volume": 41006.0, "trend": 21.24548, "fair_value": 19.272384, "relative_strength": -9.152786, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.934573, "energy": 18.950359, "activity_lines": [ 21.67864, 21.957793, 21.942118, 21.746561 ] }, { "date": "2025-10-31", "close": 21.3502, "volume": 35963, "typical_volume": 41270.2, "trend": 21.367853, "fair_value": 19.305203, "relative_strength": -11.651871, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.888392, "energy": 17.066412, "activity_lines": [ 21.528227, 21.824578, 21.896232, 21.753317 ] }, { "date": "2025-11-07", "close": 21.1398, "volume": 32127, "typical_volume": 42277.65, "trend": 21.447997, "fair_value": 19.330795, "relative_strength": -10.867222, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.701863, "energy": 26.90925, "activity_lines": [ 21.373667, 21.667105, 21.82845, 21.738604 ] }, { "date": "2025-11-14", "close": 21.3263, "volume": 35458, "typical_volume": 41105.55, "trend": 21.525703, "fair_value": 19.361609, "relative_strength": -9.984139, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.392083, "energy": 28.301581, "activity_lines": [ 21.355267, 21.564636, 21.77574, 21.730752 ] }, { "date": "2025-11-21", "close": 19.805, "volume": 26497, "typical_volume": 40942.75, "trend": 21.532537, "fair_value": 19.382287, "relative_strength": -14.462378, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -55.793576, "energy": 61.096476, "activity_lines": [ 20.820247, 21.196725, 21.578496, 21.619739 ] }, { "date": "2025-11-28", "close": 20.35, "volume": 37583, "typical_volume": 39809.45, "trend": 21.533647, "fair_value": 19.40141, "relative_strength": -14.886766, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.170537, "energy": 59.314982, "activity_lines": [ 20.571913, 20.974815, 21.444323, 21.543446 ] }, { "date": "2025-12-05", "close": 21.059, "volume": 199037, "typical_volume": 48599.5, "trend": 21.55878, "fair_value": 19.42936, "relative_strength": -11.900243, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.619963, "energy": 58.980932, "activity_lines": [ 20.66016, 20.931387, 21.386344, 21.512824 ] }, { "date": "2025-12-12", "close": 21.125, "volume": 58761, "typical_volume": 50284.95, "trend": 21.55128, "fair_value": 19.460097, "relative_strength": -10.842656, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.815162, "energy": 51.660834, "activity_lines": [ 20.78982, 20.923251, 21.339988, 21.484838 ] }, { "date": "2025-12-19", "close": 21.135, "volume": 56223, "typical_volume": 49375.05, "trend": 21.55955, "fair_value": 19.491793, "relative_strength": -10.639247, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.197824, "energy": 29.157437, "activity_lines": [ 20.9238, 20.937382, 21.301324, 21.457982 ] }, { "date": "2025-12-26", "close": 20.8159, "volume": 45819, "typical_volume": 46900.85, "trend": 21.548413, "fair_value": 19.519718, "relative_strength": -12.908279, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.582267, "energy": 20.716398, "activity_lines": [ 20.964167, 20.894376, 21.231151, 21.410004 ] }, { "date": "2026-01-02", "close": 20.64, "volume": 36333, "typical_volume": 46768.65, "trend": 21.512873, "fair_value": 19.540253, "relative_strength": -12.420547, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.231616, "energy": 24.860047, "activity_lines": [ 20.878507, 20.829651, 21.14653, 21.351397 ] }, { "date": "2026-01-09", "close": 21.105, "volume": 32996, "typical_volume": 46122.3, "trend": 21.517707, "fair_value": 19.557889, "relative_strength": -11.589016, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.310689, "energy": 22.005885, "activity_lines": [ 20.928513, 20.871538, 21.110935, 21.325082 ] }, { "date": "2026-01-16", "close": 20.18, "volume": 42642, "typical_volume": 46009.4, "trend": 21.50454, "fair_value": 19.565313, "relative_strength": -14.837164, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.104264, "energy": 43.401378, "activity_lines": [ 20.66712, 20.749702, 20.992078, 21.238779 ] }, { "date": "2026-01-23", "close": 20.08, "volume": 14259, "typical_volume": 45351.05, "trend": 21.46054, "fair_value": 19.568518, "relative_strength": -14.628479, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.433716, "energy": 57.246439, "activity_lines": [ 20.435393, 20.627135, 20.873792, 21.146873 ] }, { "date": "2026-01-30", "close": 19.43, "volume": 28499, "typical_volume": 45256.8, "trend": 21.369873, "fair_value": 19.566726, "relative_strength": -17.325396, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.355981, "energy": 74.743601, "activity_lines": [ 20.057333, 20.409045, 20.702459, 21.01587 ] }, { "date": "2026-02-06", "close": 18.2145, "volume": 46266, "typical_volume": 44130.65, "trend": 21.238003, "fair_value": 19.56545, "relative_strength": -21.85641, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.72114, "energy": 89.55653, "activity_lines": [ 19.3665, 19.976775, 20.429435, 20.812298 ] }, { "date": "2026-02-13", "close": 17.2207, "volume": 34046, "typical_volume": 44266.15, "trend": 21.072693, "fair_value": 19.557611, "relative_strength": -24.632272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -92.897112, "energy": 96.223454, "activity_lines": [ 18.5061, 19.40264, 20.084917, 20.553117 ] }, { "date": "2026-02-20", "close": 17.4, "volume": 16195, "typical_volume": 43125.7, "trend": 20.90135, "fair_value": 19.555268, "relative_strength": -24.165051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.341339, "energy": 94.895409, "activity_lines": [ 17.96442, 18.930893, 19.781852, 20.316169 ] }, { "date": "2026-02-27", "close": 17.11, "volume": 36421, "typical_volume": 43734.95, "trend": 20.775017, "fair_value": 19.546656, "relative_strength": -24.571787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.273708, "energy": 93.584225, "activity_lines": [ 17.511407, 18.474145, 19.474262, 20.071566 ] }, { "date": "2026-03-06", "close": 16.9, "volume": 37456, "typical_volume": 44281.65, "trend": 20.62835, "fair_value": 19.545005, "relative_strength": -23.458533, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.778949, "energy": 92.252469, "activity_lines": [ 17.186393, 18.052398, 19.16607, 19.821565 ] }, { "date": "2026-03-13", "close": 16.1, "volume": 35915, "typical_volume": 44424.8, "trend": 20.44384, "fair_value": 19.540975, "relative_strength": -25.45241, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.515833, "energy": 94.768182, "activity_lines": [ 16.76338, 17.556395, 18.803021, 19.529413 ] }, { "date": "2026-03-20", "close": 15.8548, "volume": 35249, "typical_volume": 44389.1, "trend": 20.235, "fair_value": 19.534733, "relative_strength": -24.697905, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.316041, "energy": 83.12426, "activity_lines": [ 16.3996, 17.098355, 18.44402, 19.233346 ] }, { "date": "2026-03-27", "close": 15.574, "volume": 28408, "typical_volume": 44203.15, "trend": 20.0108, "fair_value": 19.52388, "relative_strength": -23.808636, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.929044, "energy": 72.891724, "activity_lines": [ 16.03328, 16.684718, 18.084443, 18.932636 ] }, { "date": "2026-04-03", "close": 16.04, "volume": 30729, "typical_volume": 43966.7, "trend": 19.814133, "fair_value": 19.518059, "relative_strength": -23.632036, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.005949, "energy": 67.573012, "activity_lines": [ 15.944027, 16.439555, 17.795752, 18.676456 ] }, { "date": "2026-04-10", "close": 16.5673, "volume": 42124, "typical_volume": 44748.05, "trend": 19.62021, "fair_value": 19.515107, "relative_strength": -23.35345, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.580079, "energy": 64.716697, "activity_lines": [ 16.101873, 16.363718, 17.582452, 18.466983 ] }, { "date": "2026-04-17", "close": 18.3, "volume": 44266, "typical_volume": 45082.2, "trend": 19.46099, "fair_value": 19.523389, "relative_strength": -18.466202, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.380728, "energy": 43.899465, "activity_lines": [ 16.859467, 16.654967, 17.54959, 18.381808 ] }, { "date": "2026-04-24", "close": 17.245, "volume": 52540, "typical_volume": 37757.35, "trend": 19.291157, "fair_value": 19.525101, "relative_strength": -23.020632, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.356732, "energy": 27.892613, "activity_lines": [ 17.118727, 16.752844, 17.426012, 18.238841 ] }, { "date": "2026-05-01", "close": 17.38, "volume": 25335, "typical_volume": 36086.05, "trend": 19.128833, "fair_value": 19.529148, "relative_strength": -22.56418, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.575121, "energy": 27.902045, "activity_lines": [ 17.330307, 16.874824, 17.333454, 18.11554 ] }, { "date": "2026-05-08", "close": 17.97, "volume": 51048, "typical_volume": 35827.3, "trend": 19.021717, "fair_value": 19.539022, "relative_strength": -21.192032, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.122776, "energy": 27.957146, "activity_lines": [ 17.618153, 17.10444, 17.31492, 18.040777 ] }, { "date": "2026-05-15", "close": 16.5546, "volume": 36681, "typical_volume": 35370.4, "trend": 18.86086, "fair_value": 19.538544, "relative_strength": -26.917486, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.129647, "energy": 22.818215, "activity_lines": [ 17.305533, 17.061075, 17.176657, 17.881608 ] }, { "date": "2026-05-22", "close": 16.4538, "volume": 25961, "typical_volume": 34851.8, "trend": 18.680863, "fair_value": 19.538379, "relative_strength": -27.335483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.823379, "energy": 32.571035, "activity_lines": [ 16.96016, 17.005662, 17.049086, 17.726314 ] }, { "date": "2026-05-29", "close": 17.3192, "volume": 68592, "typical_volume": 36631.6, "trend": 18.546497, "fair_value": 19.539352, "relative_strength": -23.964354, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.889238, "energy": 23.927037, "activity_lines": [ 17.026333, 17.101162, 17.023869, 17.638465 ] }, { "date": "2026-06-05", "close": 17.24, "volume": 87460, "typical_volume": 38872.5, "trend": 18.416503, "fair_value": 19.539051, "relative_strength": -21.705895, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.900092, "energy": 26.43199, "activity_lines": [ 17.06116, 17.155636, 17.009136, 17.554174 ] }, { "date": "2026-06-12", "close": 17.345, "volume": 33669, "typical_volume": 39843.0, "trend": 18.283793, "fair_value": 19.536802, "relative_strength": -21.058381, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.163878, "energy": 19.898575, "activity_lines": [ 17.14032, 17.198911, 17.018403, 17.485045 ] }, { "date": "2026-06-19", "close": 18.013, "volume": 28286, "typical_volume": 39832.35, "trend": 18.22406, "fair_value": 19.544204, "relative_strength": -18.196569, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.812587, "energy": 9.123761, "activity_lines": [ 17.483813, 17.339913, 17.104313, 17.467575 ] }, { "date": "2026-06-26", "close": 17.9549, "volume": 26665, "typical_volume": 38852.3, "trend": 18.144223, "fair_value": 19.550466, "relative_strength": -15.896011, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.610839, "energy": 13.046419, "activity_lines": [ 17.710713, 17.444065, 17.191437, 17.450209 ] }, { "date": "2026-07-03", "close": 18.5456, "volume": 21419, "typical_volume": 38220.95, "trend": 18.060443, "fair_value": 19.560387, "relative_strength": -14.35715, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 11.577952, "energy": 31.279124, "activity_lines": [ 18.03444, 17.661893, 17.336055, 17.476105 ] }, { "date": "2026-07-10", "close": 18.5535, "volume": 21239, "typical_volume": 38473.15, "trend": 17.974727, "fair_value": 19.564798, "relative_strength": -14.83447, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.784147, "energy": 46.659981, "activity_lines": [ 18.27904, 17.857509, 17.475116, 17.507915 ] }, { "date": "2026-07-17", "close": 18.3646, "volume": 10419, "typical_volume": 37173.05, "trend": 17.88238, "fair_value": 19.567871, "relative_strength": -13.745404, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.658427, "energy": 54.322716, "activity_lines": [ 18.373107, 17.997444, 17.590693, 17.533068 ] }, { "date": "2026-07-24", "close": 17.79, "volume": 19034, "typical_volume": 36251.95, "trend": 17.781517, "fair_value": 19.563171, "relative_strength": -15.286012, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 30.872198, "energy": 45.011275, "activity_lines": [ 18.207667, 18.025731, 17.645573, 17.527108 ] }, { "date": "2026-07-31", "close": 19.3401, "volume": 17930, "typical_volume": 35352.7, "trend": 17.738187, "fair_value": 19.57173, "relative_strength": -8.401219, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 50.121197, "energy": 53.694829, "activity_lines": [ 18.573793, 18.313393, 17.843843, 17.627662 ] }, { "date": "2026-08-07", "close": 19.985, "volume": 320075, "typical_volume": 49594.0, "trend": 17.700853, "fair_value": 19.582506, "relative_strength": -8.060094, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 83.374366, "energy": 78.079336, "activity_lines": [ 19.06254, 18.665831, 18.088103, 17.772617 ] } ], "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." } } }