{ "ticker": { "uuid": "4ac27739-d73c-44cf-a3db-182a9b959463", "symbol": "WKC", "name": "World Kinect Corporation", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "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": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 67.92, "architecture_energy": 76.365, "architecture_maturity": 46.0, "architecture_confidence": 83.289, "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": 3.68, "rotation_up": 77.27, "upward_expansion": 92.11, "deceleration": 47.27, "rotation_down": 11.33, "downward_expansion": 16.44 }, "activity_lines": [ 37.622, 36.016557, 32.954846, 30.778069 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 36.43, "trend_reference": 28.591291, "distance_from_trend": 0.274164, "trend_direction": "Improving", "fair_value": 25.369264, "distance_from_fair_value": 0.43599, "fair_value_direction": "Improving", "relative_strength": 20.806535, "relative_strength_direction": "Improving", "price_momentum": 0.312825, "excess_performance": 0.1872, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.274164, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.137676, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.43599, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.332548, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.208065, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.272632, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.312825, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.588294, "read": "Demand-led" } ], "volume": { "latest": 6582887, "relative_activity": 1.33994, "balance": 2.588294, "dry_up": 1.547851, "accumulation_observations": 4, "distribution_observations": 2 }, "risk": { "range_context": 0.067528, "annualized_volatility": 0.334944, "from_high_reference": -0.115777, "from_low_reference": 0.654478 }, "levels": { "trend_reference": 28.591291, "fair_value_reference": 25.369264, "structural_low": 22.019028, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 20, "median_return": 0.026295, "positive_rate": 0.65, "directional_follow_through": 0.65, "median_excess_return": 0.000906, "regime_survival": 0.75, "best_return": 0.148099, "worst_return": -0.138664, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.049834, "positive_rate": 0.625, "directional_follow_through": 0.625, "median_excess_return": 0.010247, "regime_survival": 0.625, "best_return": 0.183401, "worst_return": -0.213559, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.041414, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.0747, "regime_survival": 0.25, "best_return": 0.202676, "worst_return": -0.153962, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.304438, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.041103, "regime_survival": 0.333333, "best_return": 0.331552, "worst_return": -0.237172, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-12-27", "tenure": "Developing", "return": -0.008757, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-03", "end": "2025-04-04", "tenure": "Established", "return": -0.096428, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-06-06", "tenure": "Developing", "return": 0.170355, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.050665, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-07-25", "tenure": "New", "return": 0.004628, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-01", "end": "2025-09-19", "tenure": "Developing", "return": 0.045545, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-11-21", "tenure": "Developing", "return": -0.081253, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-11-28", "end": "2026-01-16", "tenure": "Developing", "return": 0.200405, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-01-23", "end": "2026-02-13", "tenure": "New", "return": 0.014005, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-02-27", "tenure": "New", "return": -0.000801, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-06", "end": "2026-03-20", "tenure": "New", "return": -0.072891, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.127417, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-01", "end": "2026-05-08", "tenure": "New", "return": -0.001107, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-15", "end": "2026-08-07", "tenure": "Established", "return": 0.289433, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 20.530493, "volume": 2739007, "typical_volume": 2963298.25, "trend": 22.59534, "fair_value": 24.916935, "relative_strength": -18.766215, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.583585, "energy": 23.189914, "activity_lines": [ 20.753765, 20.62471, 21.011263, 21.56156 ] }, { "date": "2023-08-25", "close": 20.159404, "volume": 2950044, "typical_volume": 3019592.9, "trend": 22.402607, "fair_value": 24.892311, "relative_strength": -20.455434, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.825856, "energy": 31.711042, "activity_lines": [ 20.515649, 20.542469, 20.885072, 21.404403 ] }, { "date": "2023-09-01", "close": 20.87375, "volume": 1874042, "typical_volume": 3011745.55, "trend": 22.209537, "fair_value": 24.884425, "relative_strength": -19.383686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.443117, "energy": 27.240783, "activity_lines": [ 20.594815, 20.617193, 20.843183, 21.305767 ] }, { "date": "2023-09-08", "close": 20.623265, "volume": 2264493, "typical_volume": 3052498.45, "trend": 21.991001, "fair_value": 24.884391, "relative_strength": -19.058181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.609234, "energy": 26.545008, "activity_lines": [ 20.601618, 20.648567, 20.7918, 21.203427 ] }, { "date": "2023-09-15", "close": 21.161344, "volume": 5723705, "typical_volume": 3257661.2, "trend": 21.778786, "fair_value": 24.876998, "relative_strength": -16.492555, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.170927, "energy": 16.501906, "activity_lines": [ 20.784689, 20.751628, 20.803658, 21.1499 ] }, { "date": "2023-09-22", "close": 21.337612, "volume": 2363782, "typical_volume": 3260868.4, "trend": 21.662922, "fair_value": 24.893653, "relative_strength": -12.974617, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.892073, "energy": 9.624716, "activity_lines": [ 21.007342, 20.858063, 20.835329, 21.121438 ] }, { "date": "2023-09-29", "close": 20.938691, "volume": 2968118, "typical_volume": 3275376.65, "trend": 21.497388, "fair_value": 24.903283, "relative_strength": -13.669305, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.022251, "energy": 10.453983, "activity_lines": [ 21.043214, 20.87375, 20.829173, 21.074713 ] }, { "date": "2023-10-06", "close": 20.15454, "volume": 4651677, "typical_volume": 3430455.55, "trend": 21.388854, "fair_value": 24.900138, "relative_strength": -16.802252, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.754174, "energy": 12.75808, "activity_lines": [ 20.76575, 20.754286, 20.75027, 20.988078 ] }, { "date": "2023-10-13", "close": 19.501081, "volume": 2460686, "typical_volume": 3451899.2, "trend": 21.325478, "fair_value": 24.896876, "relative_strength": -19.36519, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -60.706411, "energy": 41.328364, "activity_lines": [ 20.318414, 20.532124, 20.616248, 20.866286 ] }, { "date": "2023-10-20", "close": 19.02499, "volume": 2774149, "typical_volume": 3520752.8, "trend": 21.229727, "fair_value": 24.886547, "relative_strength": -18.799894, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.09089, "energy": 63.957219, "activity_lines": [ 19.787193, 20.24296, 20.446718, 20.717867 ] }, { "date": "2023-10-27", "close": 16.933921, "volume": 2729160, "typical_volume": 3577095.9, "trend": 21.013228, "fair_value": 24.876048, "relative_strength": -25.439011, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.096622, "energy": 84.655423, "activity_lines": [ 18.701372, 19.607215, 20.094485, 20.440719 ] }, { "date": "2023-11-03", "close": 19.04366, "volume": 3207577, "typical_volume": 3615407.85, "trend": 20.86215, "fair_value": 24.876245, "relative_strength": -20.185933, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.017313, "energy": 75.003981, "activity_lines": [ 18.612377, 19.420451, 19.970901, 20.31365 ] }, { "date": "2023-11-10", "close": 18.623579, "volume": 2562528, "typical_volume": 3121559.95, "trend": 20.68662, "fair_value": 24.842247, "relative_strength": -22.391722, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.036653, "energy": 73.92041, "activity_lines": [ 18.509691, 19.177596, 19.819715, 20.169226 ] }, { "date": "2023-11-17", "close": 19.519752, "volume": 2265095, "typical_volume": 2985195.55, "trend": 20.565856, "fair_value": 24.807547, "relative_strength": -19.861991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.947813, "energy": 55.418196, "activity_lines": [ 18.807793, 19.138593, 19.765169, 20.093944 ] }, { "date": "2023-11-24", "close": 19.706454, "volume": 1281452, "typical_volume": 2952012.6, "trend": 20.496188, "fair_value": 24.758378, "relative_strength": -19.273464, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.017316, "energy": 25.527744, "activity_lines": [ 19.166884, 19.1536, 19.726811, 20.038499 ] }, { "date": "2023-12-01", "close": 20.070524, "volume": 2214523, "typical_volume": 2878528.1, "trend": 20.452792, "fair_value": 24.714087, "relative_strength": -17.853593, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.041757, "energy": 18.056888, "activity_lines": [ 19.601901, 19.261253, 19.722544, 20.011036 ] }, { "date": "2023-12-08", "close": 19.501081, "volume": 3200214, "typical_volume": 2908322.85, "trend": 20.391338, "fair_value": 24.664626, "relative_strength": -19.807747, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.012576, "energy": 19.838204, "activity_lines": [ 19.637996, 19.28841, 19.665308, 19.949636 ] }, { "date": "2023-12-15", "close": 20.649302, "volume": 5330366, "typical_volume": 3011795.55, "trend": 20.358015, "fair_value": 24.621391, "relative_strength": -16.380774, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -10.092537, "energy": 15.001328, "activity_lines": [ 20.026338, 19.550473, 19.726215, 19.966279 ] }, { "date": "2023-12-22", "close": 21.776652, "volume": 3167446, "typical_volume": 2981601.25, "trend": 20.365036, "fair_value": 24.583681, "relative_strength": -11.94686, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 32.367798, "energy": 29.16914, "activity_lines": [ 20.655414, 20.008512, 19.896353, 20.057804 ] }, { "date": "2023-12-29", "close": 21.400869, "volume": 1323729, "typical_volume": 2902589.65, "trend": 20.329105, "fair_value": 24.544072, "relative_strength": -13.079958, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.831414, "energy": 35.766137, "activity_lines": [ 21.00877, 20.356853, 20.024989, 20.124631 ] }, { "date": "2024-01-05", "close": 21.175399, "volume": 1916717, "typical_volume": 2861475.15, "trend": 20.276438, "fair_value": 24.49462, "relative_strength": -11.977598, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.605673, "energy": 42.422035, "activity_lines": [ 21.174007, 20.621002, 20.129641, 20.179231 ] }, { "date": "2024-01-12", "close": 20.949929, "volume": 2209512, "typical_volume": 2824448.55, "trend": 20.253136, "fair_value": 24.447979, "relative_strength": -13.81412, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.969732, "energy": 44.190353, "activity_lines": [ 21.19043, 20.767039, 20.20975, 20.222682 ] }, { "date": "2024-01-19", "close": 20.724459, "volume": 1548230, "typical_volume": 2808157.95, "trend": 20.24414, "fair_value": 24.39297, "relative_strength": -15.029613, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 54.642184, "energy": 37.36228, "activity_lines": [ 21.035107, 20.837422, 20.26462, 20.25309 ] }, { "date": "2024-01-26", "close": 21.250556, "volume": 2108651, "typical_volume": 2800365.85, "trend": 20.312982, "fair_value": 24.355632, "relative_strength": -13.05756, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.472238, "energy": 34.070997, "activity_lines": [ 21.050138, 20.965261, 20.370306, 20.31802 ] }, { "date": "2024-02-02", "close": 21.147215, "volume": 2392411, "typical_volume": 2633801.15, "trend": 20.365082, "fair_value": 24.303503, "relative_strength": -13.939861, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.683929, "energy": 31.740884, "activity_lines": [ 21.065796, 21.042841, 20.463162, 20.371842 ] }, { "date": "2024-02-09", "close": 22.105463, "volume": 2803494, "typical_volume": 2655786.75, "trend": 20.424075, "fair_value": 24.254567, "relative_strength": -10.454738, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.736645, "energy": 46.906162, "activity_lines": [ 21.417779, 21.268453, 20.647348, 20.484124 ] }, { "date": "2024-02-16", "close": 22.500036, "volume": 2214950, "typical_volume": 2618128.35, "trend": 20.462513, "fair_value": 24.198458, "relative_strength": -7.698131, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.8364, "energy": 67.137909, "activity_lines": [ 21.839283, 21.528806, 20.865456, 20.618057 ] }, { "date": "2024-02-23", "close": 24.397742, "volume": 2465409, "typical_volume": 2508814.95, "trend": 20.574413, "fair_value": 24.178514, "relative_strength": -0.951143, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.748416, "energy": 84.491241, "activity_lines": [ 22.790015, 22.079671, 21.256862, 20.871943 ] }, { "date": "2024-03-01", "close": 23.120078, "volume": 2974890, "typical_volume": 2534525.15, "trend": 20.659186, "fair_value": 24.126833, "relative_strength": -6.310677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.654173, "energy": 78.328894, "activity_lines": [ 23.069974, 22.330079, 21.506381, 21.036179 ] }, { "date": "2024-03-08", "close": 23.129473, "volume": 2019883, "typical_volume": 2496811.85, "trend": 20.734377, "fair_value": 24.07249, "relative_strength": -5.446175, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.21578, "energy": 76.294798, "activity_lines": [ 23.228429, 22.55777, 21.739561, 21.195553 ] }, { "date": "2024-03-15", "close": 23.373732, "volume": 5985158, "typical_volume": 2659611.75, "trend": 20.829152, "fair_value": 24.014038, "relative_strength": -4.014016, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.797524, "energy": 72.821328, "activity_lines": [ 23.336154, 22.798442, 21.976458, 21.365834 ] }, { "date": "2024-03-22", "close": 24.604423, "volume": 3018580, "typical_volume": 2650161.9, "trend": 20.977319, "fair_value": 23.965948, "relative_strength": -0.809487, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.448492, "energy": 67.756433, "activity_lines": [ 23.769557, 23.222906, 22.299899, 21.6094 ] }, { "date": "2024-03-29", "close": 25.01103, "volume": 2729237, "typical_volume": 2658497.35, "trend": 21.115228, "fair_value": 23.917789, "relative_strength": 0.888893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.013307, "energy": 74.596565, "activity_lines": [ 24.198204, 23.654854, 22.635584, 21.869639 ] }, { "date": "2024-04-05", "close": 24.86919, "volume": 2808318, "typical_volume": 2685658.5, "trend": 21.256759, "fair_value": 23.885173, "relative_strength": 1.647048, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.524377, "energy": 77.308151, "activity_lines": [ 24.538685, 23.983075, 22.927344, 22.11183 ] }, { "date": "2024-04-12", "close": 23.914138, "volume": 1772620, "typical_volume": 2710216.9, "trend": 21.348519, "fair_value": 23.843362, "relative_strength": -0.320761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.68028, "energy": 61.457393, "activity_lines": [ 24.444208, 24.071857, 23.102674, 22.283274 ] }, { "date": "2024-04-19", "close": 23.242764, "volume": 2070944, "typical_volume": 2703037.95, "trend": 21.412024, "fair_value": 23.804647, "relative_strength": 0.362528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.211843, "energy": 47.222705, "activity_lines": [ 24.073628, 23.988263, 23.194026, 22.405483 ] }, { "date": "2024-04-26", "close": 21.758177, "volume": 2468372, "typical_volume": 2666445.85, "trend": 21.43934, "fair_value": 23.768031, "relative_strength": -8.077966, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.299863, "energy": 16.4418, "activity_lines": [ 23.216918, 23.614066, 23.128883, 22.427816 ] }, { "date": "2024-05-03", "close": 22.628126, "volume": 2979700, "typical_volume": 2548912.55, "trend": 21.521793, "fair_value": 23.724466, "relative_strength": -4.642658, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.040044, "energy": 23.120629, "activity_lines": [ 22.83994, 23.41153, 23.135844, 22.504511 ] }, { "date": "2024-05-10", "close": 23.327868, "volume": 2204856, "typical_volume": 2500783.05, "trend": 21.649353, "fair_value": 23.681572, "relative_strength": -3.182449, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.089666, "energy": 22.229168, "activity_lines": [ 22.855069, 23.368394, 23.200025, 22.621032 ] }, { "date": "2024-05-17", "close": 24.112713, "volume": 1964760, "typical_volume": 2532834.6, "trend": 21.818943, "fair_value": 23.650825, "relative_strength": -1.268301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.67056, "energy": 21.94375, "activity_lines": [ 23.234569, 23.46418, 23.331566, 22.779959 ] }, { "date": "2024-05-24", "close": 23.611547, "volume": 1833886, "typical_volume": 2528693.05, "trend": 22.041531, "fair_value": 23.627228, "relative_strength": -3.015463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.04033, "energy": 20.89471, "activity_lines": [ 23.433775, 23.450967, 23.402463, 22.895611 ] }, { "date": "2024-05-31", "close": 24.907014, "volume": 2338663, "typical_volume": 2535150.6, "trend": 22.236976, "fair_value": 23.594042, "relative_strength": 2.968491, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.210484, "energy": 45.919302, "activity_lines": [ 24.040217, 23.66897, 23.585138, 23.080481 ] }, { "date": "2024-06-07", "close": 24.538231, "volume": 2246453, "typical_volume": 2570061.75, "trend": 22.434131, "fair_value": 23.554149, "relative_strength": 0.509199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.623653, "energy": 54.166869, "activity_lines": [ 24.31381, 23.81442, 23.713846, 23.228949 ] }, { "date": "2024-06-14", "close": 24.141081, "volume": 3636533, "typical_volume": 2646455.85, "trend": 22.588176, "fair_value": 23.526909, "relative_strength": -2.497129, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.616431, "energy": 50.183691, "activity_lines": [ 24.327679, 23.896257, 23.786571, 23.339074 ] }, { "date": "2024-06-21", "close": 24.320117, "volume": 4311664, "typical_volume": 2742418.5, "trend": 22.741964, "fair_value": 23.493504, "relative_strength": -2.217323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.645831, "energy": 50.141878, "activity_lines": [ 24.347012, 24.023885, 23.862582, 23.450813 ] }, { "date": "2024-06-28", "close": 24.558083, "volume": 3112693, "typical_volume": 2757878.45, "trend": 22.89155, "fair_value": 23.470651, "relative_strength": -1.259323, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.657496, "energy": 35.418045, "activity_lines": [ 24.43184, 24.187397, 23.946147, 23.567982 ] }, { "date": "2024-07-05", "close": 24.034558, "volume": 1143484, "typical_volume": 2704305.15, "trend": 23.042665, "fair_value": 23.451186, "relative_strength": -5.101835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.930467, "energy": 27.65902, "activity_lines": [ 24.279058, 24.231809, 23.968174, 23.641724 ] }, { "date": "2024-07-12", "close": 24.7199, "volume": 1967552, "typical_volume": 2679412.3, "trend": 23.178352, "fair_value": 23.442056, "relative_strength": -3.256771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.660831, "energy": 31.205212, "activity_lines": [ 24.412886, 24.359439, 24.048164, 23.749933 ] }, { "date": "2024-07-19", "close": 25.310056, "volume": 2288178, "typical_volume": 2645076.7, "trend": 23.296132, "fair_value": 23.436709, "relative_strength": 1.112972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.998279, "energy": 37.507584, "activity_lines": [ 24.731322, 24.556338, 24.182825, 23.887462 ] }, { "date": "2024-07-26", "close": 25.55754, "volume": 2842566, "typical_volume": 2686210.85, "trend": 23.434688, "fair_value": 23.403636, "relative_strength": 2.944264, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.289741, "energy": 53.085203, "activity_lines": [ 25.054322, 24.762194, 24.330628, 24.033359 ] }, { "date": "2024-08-02", "close": 25.357649, "volume": 3374219, "typical_volume": 2555663.9, "trend": 23.574096, "fair_value": 23.369167, "relative_strength": 4.312072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.854293, "energy": 58.173693, "activity_lines": [ 25.228195, 24.905437, 24.447831, 24.157421 ] }, { "date": "2024-08-09", "close": 24.834124, "volume": 4006005, "typical_volume": 2605035.15, "trend": 23.703569, "fair_value": 23.333228, "relative_strength": 2.180158, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.800502, "energy": 47.659134, "activity_lines": [ 25.174257, 24.921747, 24.505728, 24.238713 ] }, { "date": "2024-08-16", "close": 26.452292, "volume": 2869047, "typical_volume": 2612025.65, "trend": 23.894497, "fair_value": 23.332289, "relative_strength": 4.650848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.397423, "energy": 57.210894, "activity_lines": [ 25.606403, 25.233593, 24.716642, 24.41605 ] }, { "date": "2024-08-23", "close": 27.004373, "volume": 3605779, "typical_volume": 2651898.7, "trend": 24.086291, "fair_value": 23.319861, "relative_strength": 5.278847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.405091, "energy": 62.139054, "activity_lines": [ 26.107083, 25.611018, 24.973272, 24.616687 ] }, { "date": "2024-08-30", "close": 27.404156, "volume": 2304270, "typical_volume": 2678481.2, "trend": 24.294856, "fair_value": 23.308968, "relative_strength": 6.467282, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.928733, "energy": 75.545841, "activity_lines": [ 26.62807, 26.00907, 25.257809, 24.830743 ] }, { "date": "2024-09-06", "close": 26.271438, "volume": 2094026, "typical_volume": 2679635.3, "trend": 24.433722, "fair_value": 23.290642, "relative_strength": 6.396268, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.468847, "energy": 70.099716, "activity_lines": [ 26.648376, 26.1451, 25.417849, 24.958265 ] }, { "date": "2024-09-13", "close": 27.604047, "volume": 3753762, "typical_volume": 2743904.8, "trend": 24.603855, "fair_value": 23.279087, "relative_strength": 7.446425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.722895, "energy": 73.97008, "activity_lines": [ 27.051966, 26.49227, 25.690381, 25.162802 ] }, { "date": "2024-09-20", "close": 29.88852, "volume": 9826980, "typical_volume": 3086268.8, "trend": 24.786881, "fair_value": 23.281659, "relative_strength": 14.595654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.426276, "energy": 83.418572, "activity_lines": [ 28.032386, 27.1899, 26.152646, 25.503748 ] }, { "date": "2024-09-27", "close": 29.32692, "volume": 6925177, "typical_volume": 3322284.85, "trend": 24.993776, "fair_value": 23.290496, "relative_strength": 11.730558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.799037, "energy": 77.621935, "activity_lines": [ 28.596524, 27.691445, 26.526851, 25.796654 ] }, { "date": "2024-10-04", "close": 29.689205, "volume": 3848862, "typical_volume": 3416489.95, "trend": 25.212434, "fair_value": 23.291963, "relative_strength": 12.611954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.475377, "energy": 84.32033, "activity_lines": [ 29.126586, 28.185827, 26.906992, 26.099585 ] }, { "date": "2024-10-11", "close": 29.430788, "volume": 4328906, "typical_volume": 3541240.95, "trend": 25.414336, "fair_value": 23.292174, "relative_strength": 10.131655, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.083882, "energy": 81.511551, "activity_lines": [ 29.418174, 28.558103, 27.235968, 26.371736 ] }, { "date": "2024-10-18", "close": 29.717918, "volume": 3913319, "typical_volume": 3619973.75, "trend": 25.584785, "fair_value": 23.30065, "relative_strength": 10.021176, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.30334, "energy": 72.511896, "activity_lines": [ 29.594848, 28.908527, 27.564579, 26.649387 ] }, { "date": "2024-10-25", "close": 25.267408, "volume": 6179170, "typical_volume": 3816609.6, "trend": 25.593331, "fair_value": 23.287536, "relative_strength": -5.631235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.537598, "energy": 27.515278, "activity_lines": [ 28.147094, 28.360971, 27.446423, 26.628911 ] }, { "date": "2024-11-01", "close": 25.152556, "volume": 5759479, "typical_volume": 3922756.9, "trend": 25.602777, "fair_value": 23.286245, "relative_strength": -4.729991, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 12.34646, "energy": 18.18328, "activity_lines": [ 26.96913, 27.814076, 27.313856, 26.600474 ] }, { "date": "2024-11-08", "close": 26.789195, "volume": 3712782, "typical_volume": 3892812.8, "trend": 25.698612, "fair_value": 23.294068, "relative_strength": -3.2145, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.012219, "energy": 26.440403, "activity_lines": [ 26.615003, 27.598421, 27.332343, 26.677017 ] }, { "date": "2024-11-15", "close": 26.655201, "volume": 2338449, "typical_volume": 3854100.6, "trend": 25.81236, "fair_value": 23.319499, "relative_strength": -1.719457, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.991622, "energy": 28.640345, "activity_lines": [ 26.409546, 27.369585, 27.326311, 26.738732 ] }, { "date": "2024-11-22", "close": 27.487877, "volume": 3315351, "typical_volume": 3962693.95, "trend": 26.00335, "fair_value": 23.349465, "relative_strength": -0.405057, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.051685, "energy": 18.404789, "activity_lines": [ 26.666686, 27.285167, 27.389595, 26.84683 ] }, { "date": "2024-11-29", "close": 27.70801, "volume": 2522246, "typical_volume": 3990428.65, "trend": 26.17268, "fair_value": 23.380899, "relative_strength": -0.849316, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.643406, "energy": 10.637795, "activity_lines": [ 27.145874, 27.242886, 27.4574, 26.956808 ] }, { "date": "2024-12-06", "close": 27.066754, "volume": 3601689, "typical_volume": 4056104.2, "trend": 26.297309, "fair_value": 23.397097, "relative_strength": -4.045123, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.139999, "energy": 15.114618, "activity_lines": [ 27.248603, 27.123658, 27.449904, 27.014491 ] }, { "date": "2024-12-13", "close": 27.057183, "volume": 2881162, "typical_volume": 4058034.0, "trend": 26.395458, "fair_value": 23.419861, "relative_strength": -3.522228, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.388508, "energy": 16.808092, "activity_lines": [ 27.220528, 27.043783, 27.433131, 27.063515 ] }, { "date": "2024-12-20", "close": 25.717245, "volume": 10795842, "typical_volume": 4429115.15, "trend": 26.465648, "fair_value": 23.431499, "relative_strength": -6.466505, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.620894, "energy": 5.27728, "activity_lines": [ 26.727941, 26.768139, 27.281604, 27.019759 ] }, { "date": "2024-12-27", "close": 26.554595, "volume": 2462014, "typical_volume": 4351915.6, "trend": 26.520567, "fair_value": 23.449197, "relative_strength": -4.008972, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 9.406068, "energy": 17.970116, "activity_lines": [ 26.577001, 26.712259, 27.208112, 27.025497 ] }, { "date": "2025-01-03", "close": 26.58349, "volume": 1812789, "typical_volume": 4299102.7, "trend": 26.588743, "fair_value": 23.456709, "relative_strength": -3.370758, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.872152, "energy": 20.324773, "activity_lines": [ 26.497912, 26.719148, 27.129179, 27.029557 ] }, { "date": "2025-01-10", "close": 25.995957, "volume": 2075057, "typical_volume": 4222566.6, "trend": 26.650572, "fair_value": 23.459186, "relative_strength": -3.651672, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.802445, "energy": 27.873597, "activity_lines": [ 26.297947, 26.595283, 26.993666, 26.991313 ] }, { "date": "2025-01-17", "close": 27.03618, "volume": 3762281, "typical_volume": 4295467.15, "trend": 26.741107, "fair_value": 23.477378, "relative_strength": -2.731778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.43314, "energy": 12.08942, "activity_lines": [ 26.516109, 26.645216, 26.962024, 27.016191 ] }, { "date": "2025-01-24", "close": 27.720031, "volume": 2251545, "typical_volume": 4303343.1, "trend": 26.846506, "fair_value": 23.49471, "relative_strength": -2.034, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.242871, "energy": 7.10579, "activity_lines": [ 26.963621, 26.814995, 26.997262, 27.079347 ] }, { "date": "2025-01-31", "close": 27.228814, "volume": 2605277, "typical_volume": 4245918.85, "trend": 26.952981, "fair_value": 23.504687, "relative_strength": -2.863631, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 4.841016, "energy": 7.466811, "activity_lines": [ 27.113876, 26.8761, 26.978821, 27.104012 ] }, { "date": "2025-02-07", "close": 27.171024, "volume": 1688079, "typical_volume": 3838973.8, "trend": 27.034685, "fair_value": 23.510317, "relative_strength": -2.922691, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 7.281435, "energy": 13.329948, "activity_lines": [ 27.199919, 26.931409, 26.956662, 27.118079 ] }, { "date": "2025-02-14", "close": 26.333066, "volume": 2290880, "typical_volume": 3607258.95, "trend": 27.068785, "fair_value": 23.519969, "relative_strength": -7.201433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.338886, "energy": 8.835551, "activity_lines": [ 26.967474, 26.844125, 26.867638, 27.072814 ] }, { "date": "2025-02-21", "close": 29.598212, "volume": 5475940, "typical_volume": 3688612.85, "trend": 27.203474, "fair_value": 23.552682, "relative_strength": 5.972209, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 46.434378, "energy": 41.424859, "activity_lines": [ 27.800937, 27.363844, 27.103836, 27.236003 ] }, { "date": "2025-02-28", "close": 28.837308, "volume": 5616424, "typical_volume": 3752988.75, "trend": 27.319463, "fair_value": 23.579251, "relative_strength": 4.12519, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.091595, "energy": 45.397716, "activity_lines": [ 28.209963, 27.699016, 27.268001, 27.341411 ] }, { "date": "2025-03-07", "close": 27.171024, "volume": 3874251, "typical_volume": 3751035.35, "trend": 27.39736, "fair_value": 23.597731, "relative_strength": 1.160796, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.238708, "energy": 26.60257, "activity_lines": [ 27.989076, 27.674499, 27.276299, 27.331834 ] }, { "date": "2025-03-14", "close": 26.930232, "volume": 3608046, "typical_volume": 3622479.15, "trend": 27.413291, "fair_value": 23.614034, "relative_strength": 2.533854, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 2.064849, "energy": 15.585398, "activity_lines": [ 27.691778, 27.594994, 27.273792, 27.301697 ] }, { "date": "2025-03-21", "close": 27.016917, "volume": 6709239, "typical_volume": 3669967.15, "trend": 27.413709, "fair_value": 23.628977, "relative_strength": 2.338682, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.21314, "energy": 6.113694, "activity_lines": [ 27.439428, 27.524945, 27.271622, 27.276125 ] }, { "date": "2025-03-28", "close": 27.469607, "volume": 3283116, "typical_volume": 3648483.85, "trend": 27.415891, "fair_value": 23.644623, "relative_strength": 5.567517, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -2.642005, "energy": 7.902704, "activity_lines": [ 27.292384, 27.518641, 27.303688, 27.279731 ] }, { "date": "2025-04-04", "close": 24.02011, "volume": 3735005, "typical_volume": 3718311.65, "trend": 27.340846, "fair_value": 23.650369, "relative_strength": 1.558332, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -73.666594, "energy": 45.32361, "activity_lines": [ 26.137414, 26.877275, 27.00399, 27.060648 ] }, { "date": "2025-04-11", "close": 23.206197, "volume": 5695299, "typical_volume": 3837309.05, "trend": 27.194251, "fair_value": 23.645572, "relative_strength": -6.9988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.955467, "energy": 71.642581, "activity_lines": [ 25.032287, 26.155196, 26.639325, 26.793897 ] }, { "date": "2025-04-18", "close": 22.98334, "volume": 2792251, "typical_volume": 3850809.3, "trend": 26.964079, "fair_value": 23.637032, "relative_strength": -6.425147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.706847, "energy": 79.040855, "activity_lines": [ 24.117197, 25.465736, 26.273824, 26.522225 ] }, { "date": "2025-04-25", "close": 23.390297, "volume": 5097582, "typical_volume": 3925603.95, "trend": 26.766191, "fair_value": 23.646786, "relative_strength": -8.925955, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.714283, "energy": 77.727267, "activity_lines": [ 23.600884, 24.926408, 25.96958, 26.291659 ] }, { "date": "2025-05-02", "close": 25.008432, "volume": 4724617, "typical_volume": 4017776.7, "trend": 26.610166, "fair_value": 23.67108, "relative_strength": -5.367981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.75292, "energy": 68.641209, "activity_lines": [ 23.865725, 24.734791, 25.83695, 26.178255 ] }, { "date": "2025-05-09", "close": 25.957997, "volume": 4076611, "typical_volume": 3681815.15, "trend": 26.494406, "fair_value": 23.702388, "relative_strength": -1.379631, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.210274, "energy": 37.767925, "activity_lines": [ 24.611165, 24.799273, 25.804512, 26.136179 ] }, { "date": "2025-05-16", "close": 26.878493, "volume": 2468875, "typical_volume": 3682158.2, "trend": 26.399758, "fair_value": 23.733055, "relative_strength": -2.978657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.676151, "energy": 15.067179, "activity_lines": [ 25.534246, 25.083469, 25.858593, 26.160959 ] }, { "date": "2025-05-23", "close": 26.481227, "volume": 2444901, "typical_volume": 3713763.8, "trend": 26.440219, "fair_value": 23.759497, "relative_strength": -1.944714, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.977104, "energy": 22.14724, "activity_lines": [ 26.080084, 25.300753, 25.873297, 26.166215 ] }, { "date": "2025-05-30", "close": 26.539363, "volume": 2506901, "typical_volume": 3735356.0, "trend": 26.486446, "fair_value": 23.780283, "relative_strength": -3.331853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.500831, "energy": 24.211089, "activity_lines": [ 26.412109, 25.536772, 25.894024, 26.172612 ] }, { "date": "2025-06-06", "close": 27.159487, "volume": 2412517, "typical_volume": 3667867.8, "trend": 26.498789, "fair_value": 23.803067, "relative_strength": -2.634584, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 12.224051, "energy": 23.603626, "activity_lines": [ 26.740903, 25.894223, 25.971224, 26.216034 ] }, { "date": "2025-06-13", "close": 27.120729, "volume": 2604400, "typical_volume": 3685510.55, "trend": 26.514307, "fair_value": 23.855726, "relative_strength": -2.440609, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.964495, "energy": 26.415807, "activity_lines": [ 26.913375, 26.250266, 26.044144, 26.256159 ] }, { "date": "2025-06-20", "close": 27.128623, "volume": 3802651, "typical_volume": 3745379.25, "trend": 26.502331, "fair_value": 23.908901, "relative_strength": -2.27254, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 22.194004, "energy": 30.025631, "activity_lines": [ 27.010963, 26.551369, 26.120671, 26.295792 ] }, { "date": "2025-06-27", "close": 27.489688, "volume": 3585275, "typical_volume": 3840239.05, "trend": 26.495054, "fair_value": 23.964158, "relative_strength": -4.255549, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 26.160785, "energy": 32.479581, "activity_lines": [ 27.21223, 26.846803, 26.232062, 26.359492 ] }, { "date": "2025-07-04", "close": 28.914428, "volume": 2343108, "typical_volume": 3842850.45, "trend": 26.556643, "fair_value": 24.02471, "relative_strength": -1.069372, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.618503, "energy": 56.806787, "activity_lines": [ 27.82118, 27.319347, 26.477625, 26.515581 ] }, { "date": "2025-07-11", "close": 28.494813, "volume": 2326037, "typical_volume": 3685355.3, "trend": 26.604564, "fair_value": 24.081699, "relative_strength": -2.27642, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.333614, "energy": 72.947305, "activity_lines": [ 28.131921, 27.615159, 26.670932, 26.640624 ] }, { "date": "2025-07-18", "close": 27.41162, "volume": 2500881, "typical_volume": 3529578.15, "trend": 26.661043, "fair_value": 24.129361, "relative_strength": -6.469138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.346634, "energy": 64.137456, "activity_lines": [ 27.992576, 27.650639, 26.766333, 26.692692 ] }, { "date": "2025-07-25", "close": 27.53848, "volume": 2272236, "typical_volume": 3449477.4, "trend": 26.69384, "fair_value": 24.144688, "relative_strength": -7.276115, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.040301, "energy": 58.757208, "activity_lines": [ 27.876124, 27.682754, 26.880604, 26.749301 ] }, { "date": "2025-08-01", "close": 24.640206, "volume": 4078625, "typical_volume": 3473006.35, "trend": 26.629063, "fair_value": 24.143879, "relative_strength": -14.681729, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -21.47806, "energy": 16.877378, "activity_lines": [ 26.766258, 27.17591, 26.717099, 26.616809 ] }, { "date": "2025-08-08", "close": 24.815859, "volume": 3162526, "typical_volume": 3295670.7, "trend": 26.589727, "fair_value": 24.138904, "relative_strength": -15.871855, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.59212, "energy": 34.23802, "activity_lines": [ 25.904907, 26.734477, 26.581229, 26.499828 ] }, { "date": "2025-08-15", "close": 24.67924, "volume": 3279919, "typical_volume": 3295510.85, "trend": 26.511162, "fair_value": 24.13538, "relative_strength": -16.804805, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -59.551707, "energy": 50.503969, "activity_lines": [ 25.271256, 26.29954, 26.442828, 26.376571 ] }, { "date": "2025-08-22", "close": 26.123498, "volume": 2575661, "typical_volume": 3237543.65, "trend": 26.457944, "fair_value": 24.146231, "relative_strength": -11.891634, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -49.21494, "energy": 45.946184, "activity_lines": [ 25.373395, 26.17229, 26.455262, 26.35156 ] }, { "date": "2025-08-29", "close": 26.162532, "volume": 2801288, "typical_volume": 3092843.1, "trend": 26.422402, "fair_value": 24.171813, "relative_strength": -11.403221, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.884247, "energy": 41.635138, "activity_lines": [ 25.57442, 26.07027, 26.461399, 26.332501 ] }, { "date": "2025-09-05", "close": 25.97712, "volume": 4984191, "typical_volume": 3202440.1, "trend": 26.382605, "fair_value": 24.19324, "relative_strength": -11.9928, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.317615, "energy": 20.199953, "activity_lines": [ 25.805371, 25.952103, 26.435799, 26.303773 ] }, { "date": "2025-09-12", "close": 24.757308, "volume": 3516563, "typical_volume": 3123389.15, "trend": 26.33008, "fair_value": 24.205568, "relative_strength": -17.000515, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.035441, "energy": 28.726304, "activity_lines": [ 25.54059, 25.639654, 26.279771, 26.198915 ] }, { "date": "2025-09-19", "close": 25.762433, "volume": 7658699, "typical_volume": 3270093.25, "trend": 26.20222, "fair_value": 24.232705, "relative_strength": -14.161614, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.89094, "energy": 12.589329, "activity_lines": [ 25.614755, 25.585538, 26.212959, 26.162293 ] }, { "date": "2025-09-26", "close": 25.645332, "volume": 2750643, "typical_volume": 3203794.85, "trend": 26.095821, "fair_value": 24.260026, "relative_strength": -13.825678, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.123264, "energy": 10.409957, "activity_lines": [ 25.577673, 25.559811, 26.131404, 26.126365 ] }, { "date": "2025-10-03", "close": 25.636476, "volume": 2204944, "typical_volume": 3190598.3, "trend": 26.044669, "fair_value": 24.276473, "relative_strength": -14.288615, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -11.340673, "energy": 14.694062, "activity_lines": [ 25.569516, 25.564589, 26.050495, 26.09673 ] }, { "date": "2025-10-10", "close": 24.338426, "volume": 2483188, "typical_volume": 3192512.65, "trend": 25.958276, "fair_value": 24.289452, "relative_strength": -16.101174, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -36.820136, "energy": 26.957391, "activity_lines": [ 25.163747, 25.367939, 25.851876, 25.986649 ] }, { "date": "2025-10-17", "close": 24.69244, "volume": 2252048, "typical_volume": 3179770.0, "trend": 25.880793, "fair_value": 24.289496, "relative_strength": -15.816907, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -31.026194, "energy": 35.518074, "activity_lines": [ 24.985229, 25.241142, 25.697177, 25.904983 ] }, { "date": "2025-10-24", "close": 26.216664, "volume": 3172734, "typical_volume": 3217780.85, "trend": 25.839029, "fair_value": 24.314808, "relative_strength": -12.108783, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -13.655683, "energy": 14.673534, "activity_lines": [ 25.319109, 25.393721, 25.696436, 25.926652 ] }, { "date": "2025-10-31", "close": 25.420134, "volume": 3360587, "typical_volume": 3255590.2, "trend": 25.885696, "fair_value": 24.322791, "relative_strength": -15.109162, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -18.852104, "energy": 17.763417, "activity_lines": [ 25.357198, 25.373523, 25.624326, 25.899626 ] }, { "date": "2025-11-07", "close": 25.125123, "volume": 3153177, "typical_volume": 3223116.5, "trend": 25.94966, "fair_value": 24.32175, "relative_strength": -14.412114, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.787792, "energy": 23.219987, "activity_lines": [ 25.311963, 25.312475, 25.532217, 25.850557 ] }, { "date": "2025-11-14", "close": 24.594103, "volume": 4507456, "typical_volume": 3269225.55, "trend": 26.003352, "fair_value": 24.315374, "relative_strength": -15.991585, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -56.259842, "energy": 26.178978, "activity_lines": [ 25.123812, 25.17374, 25.399075, 25.763102 ] }, { "date": "2025-11-21", "close": 23.561563, "volume": 3870812, "typical_volume": 3345610.75, "trend": 26.009061, "fair_value": 24.301445, "relative_strength": -17.544083, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.798795, "energy": 54.787919, "activity_lines": [ 24.574435, 24.872416, 25.181385, 25.605567 ] }, { "date": "2025-11-28", "close": 22.794534, "volume": 2333536, "typical_volume": 3345985.7, "trend": 25.935265, "fair_value": 24.282247, "relative_strength": -22.619341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.281688, "energy": 71.566527, "activity_lines": [ 23.844774, 24.453373, 24.916134, 25.398178 ] }, { "date": "2025-12-05", "close": 23.807406, "volume": 3185158, "typical_volume": 3380199.55, "trend": 25.863578, "fair_value": 24.281121, "relative_strength": -19.07836, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.117771, "energy": 66.392285, "activity_lines": [ 23.680879, 24.272451, 24.774491, 25.260897 ] }, { "date": "2025-12-12", "close": 23.81724, "volume": 5104818, "typical_volume": 3521828.65, "trend": 25.761536, "fair_value": 24.271929, "relative_strength": -18.197386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.396283, "energy": 66.306572, "activity_lines": [ 23.627777, 24.126733, 24.650948, 25.128875 ] }, { "date": "2025-12-19", "close": 23.377248, "volume": 9397821, "typical_volume": 3787788.45, "trend": 25.658071, "fair_value": 24.260077, "relative_strength": -19.455928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.474966, "energy": 60.977338, "activity_lines": [ 23.515203, 23.934094, 24.503221, 24.97505 ] }, { "date": "2025-12-26", "close": 23.347506, "volume": 1965296, "typical_volume": 3727926.95, "trend": 25.551675, "fair_value": 24.249093, "relative_strength": -20.283799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.010837, "energy": 42.20957, "activity_lines": [ 23.473839, 23.753523, 24.358675, 24.825981 ] }, { "date": "2026-01-02", "close": 23.912605, "volume": 2436447, "typical_volume": 3685753.35, "trend": 25.443446, "fair_value": 24.242024, "relative_strength": -17.109129, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.15654, "energy": 35.898897, "activity_lines": [ 23.635112, 23.700151, 24.274941, 24.720235 ] }, { "date": "2026-01-09", "close": 26.83724, "volume": 5797715, "typical_volume": 3846856.05, "trend": 25.433996, "fair_value": 24.248766, "relative_strength": -8.154353, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.220018, "energy": 8.779815, "activity_lines": [ 24.696725, 24.220423, 24.473394, 24.810157 ] }, { "date": "2026-01-16", "close": 27.362683, "volume": 6753343, "typical_volume": 4044458.8, "trend": 25.441798, "fair_value": 24.259993, "relative_strength": -5.762436, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 34.758516, "energy": 33.714594, "activity_lines": [ 25.731497, 24.810464, 24.71849, 24.934588 ] }, { "date": "2026-01-23", "close": 26.192829, "volume": 2914033, "typical_volume": 3940950.9, "trend": 25.39857, "fair_value": 24.261604, "relative_strength": -9.135178, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.263572, "energy": 33.453959, "activity_lines": [ 26.139954, 25.147121, 24.846457, 24.983042 ] }, { "date": "2026-01-30", "close": 26.678616, "volume": 3735833, "typical_volume": 3951914.4, "trend": 25.324043, "fair_value": 24.261686, "relative_strength": -7.5094, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.501487, "energy": 46.517829, "activity_lines": [ 26.522635, 25.543036, 25.019662, 25.065626 ] }, { "date": "2026-02-06", "close": 27.749329, "volume": 3570648, "typical_volume": 3747511.85, "trend": 25.299193, "fair_value": 24.26534, "relative_strength": -3.360745, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.264365, "energy": 65.575672, "activity_lines": [ 27.040147, 26.076952, 25.28569, 25.222096 ] }, { "date": "2026-02-13", "close": 26.559647, "volume": 3676393, "typical_volume": 3793799.35, "trend": 25.270794, "fair_value": 24.259134, "relative_strength": -6.094692, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 61.249534, "energy": 58.932584, "activity_lines": [ 26.905316, 26.304475, 25.428954, 25.303415 ] }, { "date": "2026-02-20", "close": 24.755297, "volume": 4133535, "typical_volume": 3890228.9, "trend": 25.178021, "fair_value": 24.258761, "relative_strength": -12.883633, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.827347, "energy": 29.737577, "activity_lines": [ 26.187541, 26.153894, 25.396021, 25.270157 ] }, { "date": "2026-02-27", "close": 24.735469, "volume": 4755779, "typical_volume": 4003858.45, "trend": 25.181197, "fair_value": 24.251265, "relative_strength": -11.981258, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 26.437403, "energy": 13.674459, "activity_lines": [ 25.636983, 25.982652, 25.365396, 25.241606 ] }, { "date": "2026-03-06", "close": 24.210026, "volume": 3396688, "typical_volume": 4061090.45, "trend": 25.161002, "fair_value": 24.25639, "relative_strength": -11.620789, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.879733, "energy": 17.582065, "activity_lines": [ 25.008435, 25.69118, 25.282839, 25.17895 ] }, { "date": "2026-03-13", "close": 22.603955, "volume": 3594211, "typical_volume": 4082164.3, "trend": 25.091826, "fair_value": 24.264093, "relative_strength": -15.658145, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -35.301469, "energy": 35.691748, "activity_lines": [ 24.009102, 25.092013, 25.049619, 25.013979 ] }, { "date": "2026-03-20", "close": 22.445331, "volume": 5872660, "typical_volume": 4207767.95, "trend": 24.96922, "fair_value": 24.267604, "relative_strength": -14.15132, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -72.584931, "energy": 65.595365, "activity_lines": [ 23.299919, 24.487799, 24.818495, 24.843237 ] }, { "date": "2026-03-27", "close": 23.15914, "volume": 3438310, "typical_volume": 4222024.6, "trend": 24.869107, "fair_value": 24.265875, "relative_strength": -8.811997, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.646588, "energy": 65.568391, "activity_lines": [ 23.102961, 24.093221, 24.669519, 24.726458 ] }, { "date": "2026-04-03", "close": 23.45, "volume": 2650502, "typical_volume": 4129176.9, "trend": 24.78487, "fair_value": 24.265068, "relative_strength": -10.19596, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.829311, "energy": 62.541804, "activity_lines": [ 23.109366, 23.827954, 24.557606, 24.634902 ] }, { "date": "2026-04-10", "close": 23.37, "volume": 3398921, "typical_volume": 4105582.35, "trend": 24.738627, "fair_value": 24.261738, "relative_strength": -13.213874, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.556078, "energy": 53.297712, "activity_lines": [ 23.174802, 23.598012, 24.443522, 24.54362 ] }, { "date": "2026-04-17", "close": 23.43, "volume": 2982509, "typical_volume": 4138031.0, "trend": 24.660879, "fair_value": 24.26358, "relative_strength": -16.296493, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.931411, "energy": 34.37543, "activity_lines": [ 23.316241, 23.439136, 24.336064, 24.459193 ] }, { "date": "2026-04-24", "close": 26.11, "volume": 5698084, "typical_volume": 4263677.3, "trend": 24.676368, "fair_value": 24.29123, "relative_strength": -6.928355, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.270751, "energy": 10.077308, "activity_lines": [ 24.295943, 23.846066, 24.480819, 24.552685 ] }, { "date": "2026-05-01", "close": 26.912089, "volume": 5839918, "typical_volume": 4300432.3, "trend": 24.718888, "fair_value": 24.326741, "relative_strength": -4.62229, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.504825, "energy": 21.750549, "activity_lines": [ 25.298696, 24.407005, 24.690998, 24.696925 ] }, { "date": "2026-05-08", "close": 26.882297, "volume": 4142123, "typical_volume": 4037647.4, "trend": 24.803684, "fair_value": 24.362238, "relative_strength": -6.456621, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.248702, "energy": 44.883444, "activity_lines": [ 26.041323, 24.923314, 24.883602, 24.836499 ] }, { "date": "2026-05-15", "close": 28.252728, "volume": 3518201, "typical_volume": 4115292.65, "trend": 24.92236, "fair_value": 24.40457, "relative_strength": -1.527963, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.925829, "energy": 68.220645, "activity_lines": [ 27.01194, 25.649758, 25.190033, 25.059018 ] }, { "date": "2026-05-22", "close": 29.295448, "volume": 4230471, "typical_volume": 4204993.85, "trend": 25.024986, "fair_value": 24.454118, "relative_strength": 1.57074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.753564, "energy": 84.247927, "activity_lines": [ 28.004615, 26.492284, 25.572413, 25.341153 ] }, { "date": "2026-05-29", "close": 28.610232, "volume": 2777534, "typical_volume": 4053984.8, "trend": 25.131323, "fair_value": 24.493422, "relative_strength": -1.849458, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.460865, "energy": 80.611176, "activity_lines": [ 28.377855, 27.088562, 25.863901, 25.572459 ] }, { "date": "2026-06-05", "close": 29.623159, "volume": 3080743, "typical_volume": 3870354.8, "trend": 25.281257, "fair_value": 24.537446, "relative_strength": 4.530482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.438947, "energy": 84.887282, "activity_lines": [ 28.922055, 27.75692, 26.243415, 25.862255 ] }, { "date": "2026-06-12", "close": 31.500054, "volume": 4206946, "typical_volume": 3935000.45, "trend": 25.511456, "fair_value": 24.600594, "relative_strength": 10.717014, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.025969, "energy": 90.793483, "activity_lines": [ 29.911148, 28.649003, 26.790918, 26.263468 ] }, { "date": "2026-06-19", "close": 30.904215, "volume": 6842941, "typical_volume": 4090355.85, "trend": 25.756211, "fair_value": 24.664118, "relative_strength": 7.879815, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.988302, "energy": 83.9789, "activity_lines": [ 30.393779, 29.286388, 27.256401, 26.611388 ] }, { "date": "2026-06-26", "close": 33.486186, "volume": 6893658, "typical_volume": 4256506.35, "trend": 26.112599, "fair_value": 24.755791, "relative_strength": 19.694962, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.934441, "energy": 92.339615, "activity_lines": [ 31.5603, 30.256236, 27.947664, 27.110096 ] }, { "date": "2026-07-03", "close": 33.21, "volume": 3334071, "typical_volume": 4239390.25, "trend": 26.426019, "fair_value": 24.843135, "relative_strength": 16.316859, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.356668, "energy": 89.333785, "activity_lines": [ 32.355377, 30.993028, 28.585306, 27.567993 ] }, { "date": "2026-07-10", "close": 35.32, "volume": 4804229, "typical_volume": 4272924.95, "trend": 26.809444, "fair_value": 24.939189, "relative_strength": 22.004669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.212002, "energy": 90.858392, "activity_lines": [ 33.547136, 31.984366, 29.392232, 28.141798 ] }, { "date": "2026-07-17", "close": 36.5, "volume": 6733663, "typical_volume": 4371819.15, "trend": 27.246869, "fair_value": 25.036324, "relative_strength": 27.741748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.672116, "energy": 92.153747, "activity_lines": [ 34.752439, 33.037379, 30.26123, 28.766995 ] }, { "date": "2026-07-24", "close": 38.14, "volume": 8829202, "typical_volume": 4643444.85, "trend": 27.739953, "fair_value": 25.145935, "relative_strength": 33.739581, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.839139, "energy": 94.424402, "activity_lines": [ 36.171079, 34.213705, 31.230397, 29.469778 ] }, { "date": "2026-07-31", "close": 39.86, "volume": 8271517, "typical_volume": 4877310.15, "trend": 28.271532, "fair_value": 25.269545, "relative_strength": 37.345939, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.609326, "energy": 94.924617, "activity_lines": [ 37.680667, 35.522991, 32.297041, 30.251716 ] }, { "date": "2026-08-07", "close": 36.43, "volume": 6582887, "typical_volume": 4912821.5, "trend": 28.591291, "fair_value": 25.369264, "relative_strength": 20.806535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.91961, "energy": 76.364935, "activity_lines": [ 37.622, 36.016557, 32.954846, 30.778069 ] } ], "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." } } }