{ "ticker": { "uuid": "4bd6707c-e0e9-41da-bdff-d70821d4ac43", "symbol": "KNTK", "name": "Kinetik Holdings Inc", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 54.706, "architecture_energy": 50.483, "architecture_maturity": 9.523, "architecture_confidence": 87.227, "architecture_tenure": "New", "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": 37.64, "rotation_up": 60.66, "upward_expansion": 82.94, "deceleration": 48.08, "rotation_down": 13.79, "downward_expansion": 9.6 }, "activity_lines": [ 49.733101, 48.91612, 48.380424, 47.625966 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 49.18, "trend_reference": 46.004251, "distance_from_trend": 0.069032, "trend_direction": "Improving", "fair_value": 39.579367, "distance_from_fair_value": 0.242567, "fair_value_direction": "Weakening", "relative_strength": 4.82711, "relative_strength_direction": "Weakening", "price_momentum": 0.202962, "excess_performance": 0.077338, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.069032, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.114488, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.242567, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.01403, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.048271, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.007751, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.202962, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.25344, "read": "Demand-led" } ], "volume": { "latest": 6492417, "relative_activity": 1.292597, "balance": 1.25344, "dry_up": 0.995351, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.065467, "annualized_volatility": 0.301015, "from_high_reference": -0.048917, "from_low_reference": 0.627628 }, "levels": { "trend_reference": 46.004251, "fair_value_reference": 39.579367, "structural_low": 39.584553, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 31, "median_return": 0.011747, "positive_rate": 0.612903, "directional_follow_through": 0.612903, "median_excess_return": 0.004655, "regime_survival": 0.741935, "best_return": 0.235762, "worst_return": -0.192926, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.053239, "positive_rate": 0.636364, "directional_follow_through": 0.636364, "median_excess_return": 0.029141, "regime_survival": 0.454545, "best_return": 0.28247, "worst_return": -0.220491, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.024546, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.026917, "regime_survival": 0.5, "best_return": 0.499657, "worst_return": -0.235267, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.085676, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.021645, "regime_survival": 0.5, "best_return": 0.340665, "worst_return": -0.04514, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-03-01", "end": "2024-03-15", "tenure": "New", "return": 0.035301, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-12-27", "tenure": "Extended", "return": 0.603428, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": 0.013931, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-17", "end": "2025-02-28", "tenure": "Developing", "return": -0.09393, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": 0.000977, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.002991, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-09-12", "tenure": "Established", "return": 0.072144, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-19", "end": "2025-10-10", "tenure": "New", "return": -0.162087, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-10-17", "end": "2026-01-09", "tenure": "Established", "return": 0.04522, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-16", "end": "2026-01-30", "tenure": "New", "return": 0.058747, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-27", "tenure": "New", "return": 0.094036, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-03-06", "end": "2026-06-12", "tenure": "Established", "return": 0.058567, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-19", "end": "2026-07-24", "tenure": "Developing", "return": 0.101225, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.027487, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 28.773455, "volume": 705799, "typical_volume": 965036.6, "trend": 25.554833, "fair_value": 22.56869, "relative_strength": 2.544274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.510463, "energy": 53.233204, "activity_lines": [ 28.907185, 28.627733, 27.532095, 26.648777 ] }, { "date": "2023-08-25", "close": 28.511729, "volume": 604762, "typical_volume": 946475.0, "trend": 25.68929, "fair_value": 22.724309, "relative_strength": 0.979723, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.72832, "energy": 48.601158, "activity_lines": [ 28.806199, 28.670566, 27.720913, 26.839544 ] }, { "date": "2023-09-01", "close": 28.863423, "volume": 838496, "typical_volume": 948467.85, "trend": 25.890056, "fair_value": 22.881776, "relative_strength": -0.093259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.503232, "energy": 46.273225, "activity_lines": [ 28.817621, 28.753305, 27.923348, 27.044327 ] }, { "date": "2023-09-08", "close": 28.618055, "volume": 939964, "typical_volume": 946906.8, "trend": 26.071206, "fair_value": 23.039615, "relative_strength": 0.523401, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.097065, "energy": 34.916069, "activity_lines": [ 28.721655, 28.750222, 28.084652, 27.220327 ] }, { "date": "2023-09-15", "close": 28.250004, "volume": 1974397, "typical_volume": 1003148.45, "trend": 26.260882, "fair_value": 23.195115, "relative_strength": -0.238899, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.664823, "energy": 28.859405, "activity_lines": [ 28.540628, 28.671727, 28.189926, 27.360895 ] }, { "date": "2023-09-22", "close": 28.012815, "volume": 1015433, "typical_volume": 972652.1, "trend": 26.433815, "fair_value": 23.350975, "relative_strength": 1.978684, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.782818, "energy": 22.852913, "activity_lines": [ 28.343789, 28.546268, 28.252458, 27.473923 ] }, { "date": "2023-09-29", "close": 27.603869, "volume": 1033746, "typical_volume": 971867.0, "trend": 26.53645, "fair_value": 23.504854, "relative_strength": 1.371254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.602941, "energy": 18.341349, "activity_lines": [ 28.061343, 28.359163, 28.254689, 27.54941 ] }, { "date": "2023-10-06", "close": 27.162207, "volume": 1070048, "typical_volume": 972101.8, "trend": 26.619684, "fair_value": 23.656671, "relative_strength": -0.392341, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.662236, "energy": 12.946914, "activity_lines": [ 27.692201, 28.106947, 28.196557, 27.589781 ] }, { "date": "2023-10-13", "close": 29.313264, "volume": 790119, "typical_volume": 969079.7, "trend": 26.828687, "fair_value": 23.823089, "relative_strength": 7.193636, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.656021, "energy": 16.983792, "activity_lines": [ 28.153493, 28.269782, 28.335255, 27.763561 ] }, { "date": "2023-10-20", "close": 29.607705, "volume": 1041028, "typical_volume": 962525.9, "trend": 27.031128, "fair_value": 23.991372, "relative_strength": 10.994841, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.038237, "energy": 30.255767, "activity_lines": [ 28.666584, 28.483772, 28.480286, 27.942852 ] }, { "date": "2023-10-27", "close": 28.830707, "volume": 761021, "typical_volume": 953677.7, "trend": 27.178557, "fair_value": 24.155572, "relative_strength": 10.922262, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.681671, "energy": 30.280152, "activity_lines": [ 28.830162, 28.549055, 28.535529, 28.058954 ] }, { "date": "2023-11-03", "close": 29.992114, "volume": 778904, "typical_volume": 921120.95, "trend": 27.367039, "fair_value": 24.285351, "relative_strength": 9.266683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.899684, "energy": 56.228555, "activity_lines": [ 29.32635, 28.824462, 28.689372, 28.240474 ] }, { "date": "2023-11-10", "close": 28.871602, "volume": 1130015, "typical_volume": 932721.65, "trend": 27.491657, "fair_value": 24.399126, "relative_strength": 3.895598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.07085, "energy": 45.203514, "activity_lines": [ 29.289817, 28.869223, 28.723155, 28.337542 ] }, { "date": "2023-11-17", "close": 29.790813, "volume": 737571, "typical_volume": 934189.85, "trend": 27.677588, "fair_value": 24.510292, "relative_strength": 4.818487, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.215216, "energy": 43.284734, "activity_lines": [ 29.445729, 29.080964, 28.833649, 28.485875 ] }, { "date": "2023-11-24", "close": 30.684956, "volume": 475110, "typical_volume": 926217.3, "trend": 27.899821, "fair_value": 24.621551, "relative_strength": 6.818251, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.767157, "energy": 54.55414, "activity_lines": [ 29.867852, 29.433954, 29.02149, 28.679899 ] }, { "date": "2023-12-01", "close": 30.442618, "volume": 816864, "typical_volume": 897040.95, "trend": 28.130289, "fair_value": 24.710623, "relative_strength": 5.063236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.315815, "energy": 45.499186, "activity_lines": [ 30.137378, 29.698611, 29.173652, 28.84395 ] }, { "date": "2023-12-08", "close": 28.996949, "volume": 1192332, "typical_volume": 911045.1, "trend": 28.304824, "fair_value": 24.798266, "relative_strength": -0.15423, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.691372, "energy": 34.549843, "activity_lines": [ 29.817554, 29.656241, 29.179888, 28.899864 ] }, { "date": "2023-12-15", "close": 27.38415, "volume": 5849793, "typical_volume": 1165530.55, "trend": 28.368453, "fair_value": 24.872325, "relative_strength": -7.675962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.338492, "energy": 9.097768, "activity_lines": [ 29.026475, 29.295306, 29.02987, 28.840465 ] }, { "date": "2023-12-22", "close": 27.910608, "volume": 2091709, "typical_volume": 1233604.5, "trend": 28.473664, "fair_value": 24.948561, "relative_strength": -6.495053, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 14.667408, "energy": 15.76027, "activity_lines": [ 28.510045, 29.026055, 28.935206, 28.810927 ] }, { "date": "2023-12-29", "close": 27.910608, "volume": 1096322, "typical_volume": 1247171.65, "trend": 28.527604, "fair_value": 25.026101, "relative_strength": -6.543147, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -15.182574, "energy": 23.337224, "activity_lines": [ 28.118963, 28.782307, 28.846598, 28.774601 ] }, { "date": "2024-01-05", "close": 27.684983, "volume": 1248260, "typical_volume": 1274294.7, "trend": 28.573489, "fair_value": 25.101661, "relative_strength": -5.660259, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -19.886882, "energy": 27.71773, "activity_lines": [ 27.837628, 28.528392, 28.742636, 28.720238 ] }, { "date": "2024-01-12", "close": 27.659914, "volume": 2334080, "typical_volume": 1360760.6, "trend": 28.589164, "fair_value": 25.168089, "relative_strength": -7.296843, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.893085, "energy": 40.853869, "activity_lines": [ 27.731779, 28.290751, 28.64147, 28.661298 ] }, { "date": "2024-01-19", "close": 27.074961, "volume": 1556253, "typical_volume": 1396648.45, "trend": 28.605102, "fair_value": 25.239631, "relative_strength": -10.165095, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.54705, "energy": 53.394957, "activity_lines": [ 27.520082, 27.989159, 28.48865, 28.563607 ] }, { "date": "2024-01-26", "close": 28.102807, "volume": 1462445, "typical_volume": 1422772.5, "trend": 28.603496, "fair_value": 25.318467, "relative_strength": -7.604887, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.094556, "energy": 36.039451, "activity_lines": [ 27.671613, 27.907113, 28.442237, 28.531201 ] }, { "date": "2024-02-02", "close": 27.116743, "volume": 1313190, "typical_volume": 1389712.15, "trend": 28.57276, "fair_value": 25.375325, "relative_strength": -12.060862, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.681939, "energy": 36.818495, "activity_lines": [ 27.481642, 27.676475, 28.304367, 28.435282 ] }, { "date": "2024-02-09", "close": 27.442645, "volume": 1398628, "typical_volume": 1408871.9, "trend": 28.530456, "fair_value": 25.436879, "relative_strength": -12.140853, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.572878, "energy": 35.306257, "activity_lines": [ 27.45323, 27.569968, 28.202931, 28.362371 ] }, { "date": "2024-02-16", "close": 28.503917, "volume": 1558415, "typical_volume": 1435105.35, "trend": 28.532607, "fair_value": 25.507478, "relative_strength": -8.457596, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.981146, "energy": 19.065324, "activity_lines": [ 27.794731, 27.710964, 28.205284, 28.360659 ] }, { "date": "2024-02-23", "close": 28.981903, "volume": 1354111, "typical_volume": 1449308.5, "trend": 28.549356, "fair_value": 25.577151, "relative_strength": -8.411573, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.723523, "energy": 11.454953, "activity_lines": [ 28.239294, 27.947831, 28.248873, 28.389646 ] }, { "date": "2024-03-01", "close": 30.246071, "volume": 2507202, "typical_volume": 1535162.65, "trend": 28.584812, "fair_value": 25.652888, "relative_strength": -5.271581, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.917823, "energy": 20.689399, "activity_lines": [ 28.978117, 28.385497, 28.404195, 28.499111 ] }, { "date": "2024-03-08", "close": 30.510863, "volume": 2203993, "typical_volume": 1593310.9, "trend": 28.628549, "fair_value": 25.718589, "relative_strength": -4.075148, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.918241, "energy": 38.09127, "activity_lines": [ 29.662319, 28.828844, 28.580292, 28.623372 ] }, { "date": "2024-03-15", "close": 31.31378, "volume": 8315576, "typical_volume": 1971038.65, "trend": 28.713226, "fair_value": 25.80253, "relative_strength": -1.538735, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 75.392108, "energy": 73.633136, "activity_lines": [ 30.387886, 29.370898, 28.828557, 28.796613 ] }, { "date": "2024-03-22", "close": 31.681072, "volume": 6541300, "typical_volume": 2259158.45, "trend": 28.818871, "fair_value": 25.887685, "relative_strength": -2.572341, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.184946, "energy": 79.940032, "activity_lines": [ 30.977808, 29.913755, 29.099978, 28.988087 ] }, { "date": "2024-03-29", "close": 34.055658, "volume": 3512824, "typical_volume": 2378298.9, "trend": 28.991945, "fair_value": 25.987403, "relative_strength": 4.209363, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.773283, "energy": 88.839321, "activity_lines": [ 32.147448, 30.815243, 29.589508, 29.325944 ] }, { "date": "2024-04-05", "close": 33.637115, "volume": 3190841, "typical_volume": 2500962.4, "trend": 29.159247, "fair_value": 26.083123, "relative_strength": 3.704979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.795118, "energy": 88.280173, "activity_lines": [ 32.839323, 31.51371, 30.01449, 29.625633 ] }, { "date": "2024-04-12", "close": 33.321074, "volume": 2213404, "typical_volume": 2587877.1, "trend": 29.328283, "fair_value": 26.178703, "relative_strength": 4.145941, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.590032, "energy": 86.452009, "activity_lines": [ 33.199782, 32.054091, 30.391058, 29.894138 ] }, { "date": "2024-04-19", "close": 33.261282, "volume": 2525735, "typical_volume": 2673320.65, "trend": 29.503232, "fair_value": 26.266597, "relative_strength": 7.004249, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.095133, "energy": 82.517313, "activity_lines": [ 33.352963, 32.470795, 30.749378, 30.147879 ] }, { "date": "2024-04-26", "close": 33.978782, "volume": 2254910, "typical_volume": 2726449.55, "trend": 29.715729, "fair_value": 26.352817, "relative_strength": 6.226049, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.026401, "energy": 76.926083, "activity_lines": [ 33.615477, 32.91216, 31.162609, 30.436625 ] }, { "date": "2024-05-03", "close": 33.247494, "volume": 2301328, "typical_volume": 2549026.3, "trend": 29.918572, "fair_value": 26.42119, "relative_strength": 3.097858, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.314983, "energy": 56.025434, "activity_lines": [ 33.481047, 33.121021, 31.48247, 30.66448 ] }, { "date": "2024-05-10", "close": 34.727482, "volume": 3098449, "typical_volume": 2599363.3, "trend": 30.099046, "fair_value": 26.504007, "relative_strength": 5.452052, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.649938, "energy": 59.386434, "activity_lines": [ 33.893825, 33.521414, 31.915363, 30.974733 ] }, { "date": "2024-05-17", "close": 35.223714, "volume": 2248754, "typical_volume": 2656984.9, "trend": 30.286246, "fair_value": 26.583908, "relative_strength": 5.066535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.911996, "energy": 63.050153, "activity_lines": [ 34.399322, 33.930551, 32.363054, 31.305356 ] }, { "date": "2024-05-24", "close": 34.910304, "volume": 2030989, "typical_volume": 2696121.35, "trend": 30.488899, "fair_value": 26.666336, "relative_strength": 3.939715, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.943445, "energy": 58.489197, "activity_lines": [ 34.673506, 34.197017, 32.746072, 31.603683 ] }, { "date": "2024-05-31", "close": 35.685122, "volume": 2345042, "typical_volume": 2696669.45, "trend": 30.678666, "fair_value": 26.74408, "relative_strength": 6.491618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.044253, "energy": 75.660927, "activity_lines": [ 35.096028, 34.538966, 33.168476, 31.938923 ] }, { "date": "2024-06-07", "close": 34.727482, "volume": 2041951, "typical_volume": 2720954.35, "trend": 30.873862, "fair_value": 26.812857, "relative_strength": 2.25413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.552542, "energy": 61.848017, "activity_lines": [ 35.085581, 34.633999, 33.461461, 32.200137 ] }, { "date": "2024-06-14", "close": 34.440191, "volume": 1944145, "typical_volume": 2745039.35, "trend": 31.028842, "fair_value": 26.8806, "relative_strength": -0.257829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.318322, "energy": 51.111248, "activity_lines": [ 34.880705, 34.664582, 33.690644, 32.430223 ] }, { "date": "2024-06-21", "close": 34.683953, "volume": 1616913, "typical_volume": 2760225.5, "trend": 31.162142, "fair_value": 26.944295, "relative_strength": -0.2367, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.980028, "energy": 45.297067, "activity_lines": [ 34.776235, 34.724884, 33.912865, 32.666036 ] }, { "date": "2024-06-28", "close": 36.076883, "volume": 2472811, "typical_volume": 2813934.65, "trend": 31.34995, "fair_value": 27.019724, "relative_strength": 3.766032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.12655, "energy": 51.120114, "activity_lines": [ 35.172059, 35.013666, 34.231712, 32.983116 ] }, { "date": "2024-07-05", "close": 36.755936, "volume": 1693686, "typical_volume": 2820698.2, "trend": 31.608583, "fair_value": 27.109449, "relative_strength": 3.688212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.199017, "energy": 56.110453, "activity_lines": [ 35.716462, 35.37472, 34.574114, 33.33189 ] }, { "date": "2024-07-12", "close": 37.286991, "volume": 1996341, "typical_volume": 2852809.7, "trend": 31.938678, "fair_value": 27.207696, "relative_strength": 4.125618, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.645996, "energy": 68.183425, "activity_lines": [ 36.366496, 35.781835, 34.927798, 33.698238 ] }, { "date": "2024-07-19", "close": 39.210975, "volume": 2862034, "typical_volume": 2870551.3, "trend": 32.315357, "fair_value": 27.310869, "relative_strength": 11.436216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.433217, "energy": 89.246276, "activity_lines": [ 37.487224, 36.46532, 35.425171, 34.167419 ] }, { "date": "2024-07-26", "close": 36.546997, "volume": 2887581, "typical_volume": 2904730.7, "trend": 32.603236, "fair_value": 27.401836, "relative_strength": 4.610209, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.893334, "energy": 67.438396, "activity_lines": [ 37.401908, 36.582928, 35.626141, 34.440428 ] }, { "date": "2024-08-02", "close": 35.712529, "volume": 2596173, "typical_volume": 2618760.55, "trend": 32.870821, "fair_value": 27.483728, "relative_strength": 4.410757, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.019781, "energy": 50.096912, "activity_lines": [ 36.914232, 36.524755, 35.718895, 34.641027 ] }, { "date": "2024-08-09", "close": 36.031628, "volume": 3838242, "typical_volume": 2483607.65, "trend": 33.149878, "fair_value": 27.562952, "relative_strength": 5.289249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.952061, "energy": 38.572787, "activity_lines": [ 36.557213, 36.510013, 35.821093, 34.84495 ] }, { "date": "2024-08-16", "close": 38.575558, "volume": 2541028, "typical_volume": 2435017.85, "trend": 33.533232, "fair_value": 27.666204, "relative_strength": 8.298293, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.002899, "energy": 39.214885, "activity_lines": [ 37.096457, 36.951504, 36.144853, 35.194994 ] }, { "date": "2024-08-23", "close": 38.380553, "volume": 1606431, "typical_volume": 2355797.35, "trend": 33.875823, "fair_value": 27.761759, "relative_strength": 6.170471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.078385, "energy": 40.997456, "activity_lines": [ 37.484796, 37.287575, 36.428517, 35.507725 ] }, { "date": "2024-08-30", "close": 39.213757, "volume": 2085418, "typical_volume": 2349398.05, "trend": 34.279057, "fair_value": 27.864286, "relative_strength": 8.025348, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.073976, "energy": 49.028388, "activity_lines": [ 38.20623, 37.703494, 36.768947, 35.852108 ] }, { "date": "2024-09-06", "close": 39.116254, "volume": 2086832, "typical_volume": 2327452.9, "trend": 34.668177, "fair_value": 27.96805, "relative_strength": 12.164288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.631099, "energy": 62.951316, "activity_lines": [ 38.71738, 38.019326, 37.07203, 36.164185 ] }, { "date": "2024-09-13", "close": 39.58604, "volume": 2065219, "typical_volume": 2317968.35, "trend": 35.037581, "fair_value": 28.0646, "relative_strength": 8.942127, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.399972, "energy": 65.016404, "activity_lines": [ 39.15821, 38.365312, 37.391974, 36.481466 ] }, { "date": "2024-09-20", "close": 40.614248, "volume": 2723523, "typical_volume": 2339078.1, "trend": 35.425326, "fair_value": 28.169165, "relative_strength": 10.026204, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.940989, "energy": 67.786313, "activity_lines": [ 39.704815, 38.846788, 37.783141, 36.841251 ] }, { "date": "2024-09-27", "close": 39.807636, "volume": 1936530, "typical_volume": 2280982.15, "trend": 35.744045, "fair_value": 28.258795, "relative_strength": 7.09995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.508208, "energy": 51.862867, "activity_lines": [ 39.846637, 39.121112, 38.062409, 37.123981 ] }, { "date": "2024-10-04", "close": 42.95431, "volume": 2076189, "typical_volume": 2272353.9, "trend": 36.158827, "fair_value": 28.347044, "relative_strength": 14.891946, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.959295, "energy": 66.107289, "activity_lines": [ 40.942211, 39.95671, 38.617168, 37.589159 ] }, { "date": "2024-10-11", "close": 44.044566, "volume": 2298529, "typical_volume": 2285730.9, "trend": 36.583186, "fair_value": 28.427209, "relative_strength": 16.22201, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.741406, "energy": 76.945215, "activity_lines": [ 42.151834, 40.87404, 39.238949, 38.097917 ] }, { "date": "2024-10-18", "close": 44.886633, "volume": 2358564, "typical_volume": 2286407.0, "trend": 37.023372, "fair_value": 28.55868, "relative_strength": 17.238091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.936294, "energy": 84.95123, "activity_lines": [ 43.313592, 41.792982, 39.89743, 38.633623 ] }, { "date": "2024-10-25", "close": 44.000246, "volume": 2513511, "typical_volume": 2309985.0, "trend": 37.354858, "fair_value": 28.698691, "relative_strength": 15.860028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.607301, "energy": 83.135391, "activity_lines": [ 43.826514, 42.389762, 40.427677, 39.083744 ] }, { "date": "2024-11-01", "close": 43.008827, "volume": 1684464, "typical_volume": 2297000.95, "trend": 37.667248, "fair_value": 28.823385, "relative_strength": 14.655009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.645042, "energy": 75.186154, "activity_lines": [ 43.783231, 42.707653, 40.819346, 39.448516 ] }, { "date": "2024-11-08", "close": 52.194129, "volume": 3771624, "typical_volume": 2404736.5, "trend": 38.29635, "fair_value": 29.010177, "relative_strength": 32.021029, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.842202, "energy": 92.578779, "activity_lines": [ 46.588302, 44.611449, 42.045004, 40.385734 ] }, { "date": "2024-11-15", "close": 51.950988, "volume": 2622249, "typical_volume": 2412208.4, "trend": 38.91934, "fair_value": 29.197202, "relative_strength": 33.354396, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.176496, "energy": 93.683508, "activity_lines": [ 48.696337, 46.235031, 43.164123, 41.266678 ] }, { "date": "2024-11-22", "close": 55.517047, "volume": 2557522, "typical_volume": 2455400.2, "trend": 39.637282, "fair_value": 29.395323, "relative_strength": 39.169908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.466038, "energy": 96.368817, "activity_lines": [ 51.465965, 48.273628, 44.547276, 42.337498 ] }, { "date": "2024-11-29", "close": 53.14868, "volume": 2475100, "typical_volume": 2479338.15, "trend": 40.300655, "fair_value": 29.580361, "relative_strength": 30.887249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.73556, "energy": 89.626065, "activity_lines": [ 52.737442, 49.591958, 45.615532, 43.209201 ] }, { "date": "2024-12-06", "close": 52.410254, "volume": 2136020, "typical_volume": 2443037.45, "trend": 40.890081, "fair_value": 29.767514, "relative_strength": 27.140399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.870351, "energy": 86.413715, "activity_lines": [ 53.152882, 50.548131, 46.537929, 43.990466 ] }, { "date": "2024-12-13", "close": 51.158531, "volume": 2962674, "typical_volume": 2446792.1, "trend": 41.421242, "fair_value": 29.944948, "relative_strength": 23.937662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.123287, "energy": 66.079985, "activity_lines": [ 52.52432, 51.047578, 47.278261, 44.652946 ] }, { "date": "2024-12-20", "close": 52.014025, "volume": 5051882, "typical_volume": 2569577.55, "trend": 41.991366, "fair_value": 30.130667, "relative_strength": 27.355863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.741989, "energy": 60.103833, "activity_lines": [ 52.249961, 51.553403, 48.03049, 45.336352 ] }, { "date": "2024-12-27", "close": 50.798323, "volume": 1348341, "typical_volume": 2445082.5, "trend": 42.495139, "fair_value": 30.312028, "relative_strength": 22.687836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.751069, "energy": 47.97542, "activity_lines": [ 51.566166, 51.693292, 48.589312, 45.904543 ] }, { "date": "2025-01-03", "close": 53.652971, "volume": 1954577, "typical_volume": 2415759.95, "trend": 43.125989, "fair_value": 30.510112, "relative_strength": 29.155963, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.542757, "energy": 49.7949, "activity_lines": [ 52.148503, 52.244722, 49.349687, 46.624403 ] }, { "date": "2025-01-10", "close": 54.400402, "volume": 1959284, "typical_volume": 2433402.6, "trend": 43.791329, "fair_value": 30.706422, "relative_strength": 32.27387, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.718829, "energy": 55.365743, "activity_lines": [ 52.946363, 52.756544, 50.109449, 47.351784 ] }, { "date": "2025-01-17", "close": 58.686877, "volume": 2865997, "typical_volume": 2472431.55, "trend": 44.591426, "fair_value": 30.934492, "relative_strength": 37.076333, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.184198, "energy": 65.370301, "activity_lines": [ 55.040372, 53.840607, 51.201162, 48.312787 ] }, { "date": "2025-01-24", "close": 59.659438, "volume": 3403076, "typical_volume": 2538243.75, "trend": 45.377512, "fair_value": 31.170914, "relative_strength": 35.521225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.940127, "energy": 82.468264, "activity_lines": [ 56.956678, 54.983448, 52.292771, 49.284917 ] }, { "date": "2025-01-31", "close": 58.020492, "volume": 4290518, "typical_volume": 2649508.7, "trend": 46.08633, "fair_value": 31.38577, "relative_strength": 31.715986, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.657647, "energy": 74.766945, "activity_lines": [ 57.816975, 55.688146, 53.130464, 50.100593 ] }, { "date": "2025-02-07", "close": 57.512956, "volume": 3251304, "typical_volume": 2675897.75, "trend": 46.760529, "fair_value": 31.59142, "relative_strength": 29.422431, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.755867, "energy": 79.174943, "activity_lines": [ 58.026615, 56.255047, 53.832038, 50.837795 ] }, { "date": "2025-02-14", "close": 55.890562, "volume": 3180944, "typical_volume": 2738118.45, "trend": 47.316515, "fair_value": 31.79507, "relative_strength": 22.847529, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.22013, "energy": 56.606735, "activity_lines": [ 57.438124, 56.447617, 54.298628, 51.426829 ] }, { "date": "2025-02-21", "close": 53.803325, "volume": 2325084, "typical_volume": 2750563.2, "trend": 47.891726, "fair_value": 31.987905, "relative_strength": 19.204226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.563449, "energy": 38.835673, "activity_lines": [ 56.054544, 56.197411, 54.489848, 51.845333 ] }, { "date": "2025-02-28", "close": 53.174419, "volume": 7052392, "typical_volume": 2988256.35, "trend": 48.473789, "fair_value": 32.153225, "relative_strength": 18.054863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.717697, "energy": 23.793161, "activity_lines": [ 54.786899, 55.784771, 54.569511, 52.186152 ] }, { "date": "2025-03-07", "close": 46.6575, "volume": 7019952, "typical_volume": 3221325.75, "trend": 48.827985, "fair_value": 32.303689, "relative_strength": 6.314373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.304532, "energy": 18.129979, "activity_lines": [ 51.779282, 54.166139, 53.985039, 52.068972 ] }, { "date": "2025-03-14", "close": 48.298123, "volume": 6216483, "typical_volume": 3406474.35, "trend": 49.15207, "fair_value": 32.462106, "relative_strength": 11.943821, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.200953, "energy": 27.100943, "activity_lines": [ 50.076072, 52.92109, 53.548384, 52.034787 ] }, { "date": "2025-03-21", "close": 48.061144, "volume": 3158644, "typical_volume": 3480183.35, "trend": 49.474757, "fair_value": 32.608837, "relative_strength": 10.178218, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -26.603479, "energy": 37.216369, "activity_lines": [ 48.908192, 51.730314, 53.068693, 51.964405 ] }, { "date": "2025-03-28", "close": 46.703072, "volume": 2898840, "typical_volume": 3436544.15, "trend": 49.724401, "fair_value": 32.755641, "relative_strength": 8.18072, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.298743, "energy": 43.955522, "activity_lines": [ 47.809582, 50.407876, 52.435604, 51.785587 ] }, { "date": "2025-04-04", "close": 39.611935, "volume": 4458759, "typical_volume": 3528369.65, "trend": 49.740923, "fair_value": 32.846564, "relative_strength": 0.587852, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.987497, "energy": 68.137728, "activity_lines": [ 44.820609, 48.014027, 51.153316, 51.13317 ] }, { "date": "2025-04-11", "close": 38.618446, "volume": 7302934, "typical_volume": 3765640.25, "trend": 49.70867, "fair_value": 32.928082, "relative_strength": -7.34214, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -56.552102, "energy": 73.911786, "activity_lines": [ 42.40464, 45.804044, 49.835168, 50.41559 ] }, { "date": "2025-04-18", "close": 39.876257, "volume": 2637744, "typical_volume": 3773772.45, "trend": 49.68407, "fair_value": 33.021406, "relative_strength": -3.140026, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.369178, "energy": 73.836475, "activity_lines": [ 40.943877, 44.175518, 48.717281, 49.781241 ] }, { "date": "2025-04-25", "close": 39.730424, "volume": 3576164, "typical_volume": 3845779.65, "trend": 49.681497, "fair_value": 33.108664, "relative_strength": -7.841707, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.57424, "energy": 82.965499, "activity_lines": [ 39.995962, 42.841145, 47.648706, 49.13907 ] }, { "date": "2025-05-02", "close": 38.570344, "volume": 4138557, "typical_volume": 3904573.8, "trend": 49.535365, "fair_value": 33.181588, "relative_strength": -13.12427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.314036, "energy": 82.396643, "activity_lines": [ 39.216734, 41.589669, 46.530029, 48.422222 ] }, { "date": "2025-05-09", "close": 38.709554, "volume": 6008613, "typical_volume": 3952410.35, "trend": 49.357531, "fair_value": 33.254876, "relative_strength": -12.459832, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.56652, "energy": 72.579459, "activity_lines": [ 39.026092, 40.640466, 45.484553, 47.723783 ] }, { "date": "2025-05-16", "close": 42.096987, "volume": 9237760, "typical_volume": 4346881.3, "trend": 49.264543, "fair_value": 33.331411, "relative_strength": -9.660357, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.0655, "energy": 51.530289, "activity_lines": [ 40.024753, 40.570158, 44.825044, 47.25536 ] }, { "date": "2025-05-23", "close": 41.614394, "volume": 4940633, "typical_volume": 4496184.1, "trend": 49.185014, "fair_value": 33.391165, "relative_strength": -8.483077, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.349545, "energy": 41.546962, "activity_lines": [ 40.630646, 40.495025, 44.161009, 46.761802 ] }, { "date": "2025-05-30", "close": 41.335975, "volume": 3669758, "typical_volume": 4581707.8, "trend": 49.129252, "fair_value": 33.453456, "relative_strength": -10.716074, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.507358, "energy": 35.724847, "activity_lines": [ 41.027858, 40.490792, 43.527784, 46.255413 ] }, { "date": "2025-06-06", "close": 40.899785, "volume": 8577331, "typical_volume": 4867274.5, "trend": 48.752774, "fair_value": 33.519146, "relative_strength": -13.147023, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.323817, "energy": 31.499971, "activity_lines": [ 41.172636, 40.529528, 42.91523, 45.724479 ] }, { "date": "2025-06-13", "close": 41.011152, "volume": 6025585, "typical_volume": 4998399.95, "trend": 48.388113, "fair_value": 33.613312, "relative_strength": -12.693163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.798686, "energy": 31.296997, "activity_lines": [ 41.19924, 40.694026, 42.397982, 45.22502 ] }, { "date": "2025-06-20", "close": 39.776827, "volume": 4298022, "typical_volume": 4998775.15, "trend": 47.863439, "fair_value": 33.704944, "relative_strength": -15.235117, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.331564, "energy": 33.978879, "activity_lines": [ 40.660963, 40.608662, 41.85198, 44.669453 ] }, { "date": "2025-06-27", "close": 40.946188, "volume": 8163207, "typical_volume": 5244370.3, "trend": 47.456689, "fair_value": 33.801287, "relative_strength": -15.65983, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.998914, "energy": 33.801255, "activity_lines": [ 40.66715, 40.714847, 41.504221, 44.223179 ] }, { "date": "2025-07-04", "close": 40.695611, "volume": 4018260, "typical_volume": 5286236.1, "trend": 47.066201, "fair_value": 33.891365, "relative_strength": -17.533571, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.419559, "energy": 35.407938, "activity_lines": [ 40.634358, 40.756019, 41.211487, 43.78698 ] }, { "date": "2025-07-11", "close": 38.458976, "volume": 6041992, "typical_volume": 5472081.5, "trend": 46.642883, "fair_value": 33.966529, "relative_strength": -21.741483, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.57279, "energy": 45.488179, "activity_lines": [ 39.898713, 40.372982, 40.778096, 43.231675 ] }, { "date": "2025-07-18", "close": 39.693301, "volume": 7964749, "typical_volume": 5517699.35, "trend": 46.232192, "fair_value": 34.05239, "relative_strength": -19.56156, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.255081, "energy": 38.773256, "activity_lines": [ 39.73723, 40.216392, 40.535329, 42.783315 ] }, { "date": "2025-07-25", "close": 38.94157, "volume": 5030302, "typical_volume": 5418216.85, "trend": 45.836967, "fair_value": 34.106633, "relative_strength": -22.133914, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.829656, "energy": 44.512244, "activity_lines": [ 39.413026, 39.905238, 40.285165, 42.312952 ] }, { "date": "2025-08-01", "close": 40.473511, "volume": 5275890, "typical_volume": 5371187.2, "trend": 45.397652, "fair_value": 34.176293, "relative_strength": -17.012803, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.631815, "energy": 36.562126, "activity_lines": [ 39.655153, 39.929989, 40.217642, 41.966923 ] }, { "date": "2025-08-08", "close": 39.055047, "volume": 6224219, "typical_volume": 5524465.95, "trend": 44.88614, "fair_value": 34.234853, "relative_strength": -21.727015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.793691, "energy": 34.653665, "activity_lines": [ 39.455971, 39.717581, 40.052287, 41.557723 ] }, { "date": "2025-08-15", "close": 38.601138, "volume": 3754708, "typical_volume": 5567259.35, "trend": 44.216615, "fair_value": 34.289131, "relative_strength": -23.191997, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.276186, "energy": 37.335354, "activity_lines": [ 39.214857, 39.464116, 39.886589, 41.152239 ] }, { "date": "2025-08-22", "close": 38.487661, "volume": 3610074, "typical_volume": 5524825.1, "trend": 43.510889, "fair_value": 34.355857, "relative_strength": -23.461005, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.779244, "energy": 36.179206, "activity_lines": [ 38.926439, 39.231812, 39.748664, 40.782629 ] }, { "date": "2025-08-29", "close": 39.556237, "volume": 13578564, "typical_volume": 5838606.6, "trend": 42.895414, "fair_value": 34.432714, "relative_strength": -21.126954, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.025645, "energy": 32.289454, "activity_lines": [ 39.07459, 39.239677, 39.717862, 40.52749 ] }, { "date": "2025-09-05", "close": 39.669714, "volume": 6140579, "typical_volume": 6013748.35, "trend": 42.300639, "fair_value": 34.504862, "relative_strength": -20.933686, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -48.613233, "energy": 27.814431, "activity_lines": [ 39.219588, 39.272184, 39.693402, 40.31938 ] }, { "date": "2025-09-12", "close": 41.352959, "volume": 5636907, "typical_volume": 6116785.5, "trend": 41.816053, "fair_value": 34.58207, "relative_strength": -18.684194, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.111594, "energy": 9.6678, "activity_lines": [ 39.979255, 39.633944, 39.830234, 40.25824 ] }, { "date": "2025-09-19", "close": 40.605901, "volume": 7003506, "typical_volume": 6260032.95, "trend": 41.376138, "fair_value": 34.685296, "relative_strength": -20.908762, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.593716, "energy": 14.125655, "activity_lines": [ 40.336708, 39.847924, 39.888192, 40.180165 ] }, { "date": "2025-09-26", "close": 43.121311, "volume": 5142851, "typical_volume": 6216744.85, "trend": 41.041035, "fair_value": 34.802148, "relative_strength": -15.658621, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 28.103881, "energy": 25.029559, "activity_lines": [ 41.39898, 40.480216, 40.176019, 40.292757 ] }, { "date": "2025-10-03", "close": 36.463985, "volume": 8288528, "typical_volume": 6169283.25, "trend": 40.701251, "fair_value": 34.865501, "relative_strength": -29.08982, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -35.970512, "energy": 15.93885, "activity_lines": [ 39.933234, 39.839758, 39.808807, 39.997464 ] }, { "date": "2025-10-10", "close": 34.024227, "volume": 6051483, "typical_volume": 6224825.75, "trend": 40.225454, "fair_value": 34.917377, "relative_strength": -31.770248, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.879157, "energy": 51.153076, "activity_lines": [ 37.860385, 38.800755, 39.23606, 39.566688 ] }, { "date": "2025-10-17", "close": 33.863468, "volume": 5755937, "typical_volume": 6329134.7, "trend": 39.752199, "fair_value": 34.963228, "relative_strength": -32.802185, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.358725, "energy": 69.994562, "activity_lines": [ 36.110315, 37.849782, 38.684148, 39.156237 ] }, { "date": "2025-10-24", "close": 38.14723, "volume": 6754953, "typical_volume": 6238015.8, "trend": 39.467004, "fair_value": 35.030024, "relative_strength": -25.349454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.222642, "energy": 59.527103, "activity_lines": [ 36.287466, 37.772067, 38.575795, 39.052691 ] }, { "date": "2025-10-31", "close": 37.140398, "volume": 6200908, "typical_volume": 6246781.95, "trend": 39.384619, "fair_value": 35.086399, "relative_strength": -27.429528, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.076093, "energy": 61.47806, "activity_lines": [ 36.292917, 37.519545, 38.384662, 38.902587 ] }, { "date": "2025-11-07", "close": 33.707009, "volume": 7435513, "typical_volume": 6403656.5, "trend": 39.220905, "fair_value": 35.127814, "relative_strength": -32.389879, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.818024, "energy": 57.924544, "activity_lines": [ 35.552633, 36.667266, 37.884971, 38.53629 ] }, { "date": "2025-11-14", "close": 33.273013, "volume": 5745265, "typical_volume": 6282759.4, "trend": 39.000797, "fair_value": 35.173145, "relative_strength": -32.654241, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.432988, "energy": 43.369842, "activity_lines": [ 34.851482, 35.842429, 37.372851, 38.152555 ] }, { "date": "2025-11-21", "close": 31.488808, "volume": 6356442, "typical_volume": 6399668.5, "trend": 38.726076, "fair_value": 35.209888, "relative_strength": -34.216672, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.550648, "energy": 62.374083, "activity_lines": [ 33.605676, 34.809494, 36.727346, 37.66791 ] }, { "date": "2025-11-28", "close": 33.446612, "volume": 4017842, "typical_volume": 6298461.0, "trend": 38.555285, "fair_value": 35.256781, "relative_strength": -31.889998, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.575097, "energy": 61.273522, "activity_lines": [ 33.170783, 34.311871, 36.31214, 37.3273 ] }, { "date": "2025-12-05", "close": 35.578013, "volume": 4430880, "typical_volume": 6121767.55, "trend": 38.4509, "fair_value": 35.327585, "relative_strength": -27.102333, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.732919, "energy": 43.62623, "activity_lines": [ 33.759731, 34.331945, 36.123793, 37.135218 ] }, { "date": "2025-12-12", "close": 35.153662, "volume": 7963111, "typical_volume": 6268408.0, "trend": 38.219456, "fair_value": 35.39102, "relative_strength": -26.882317, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.246735, "energy": 34.318938, "activity_lines": [ 34.311388, 34.412016, 35.914628, 36.922493 ] }, { "date": "2025-12-19", "close": 32.42431, "volume": 6311442, "typical_volume": 6320185.6, "trend": 37.91312, "fair_value": 35.43396, "relative_strength": -31.874132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.612627, "energy": 33.529133, "activity_lines": [ 33.856818, 34.019664, 35.463563, 36.548612 ] }, { "date": "2025-12-26", "close": 34.198871, "volume": 2669802, "typical_volume": 6142464.75, "trend": 37.675217, "fair_value": 35.487825, "relative_strength": -28.432522, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.150428, "energy": 22.816584, "activity_lines": [ 34.050348, 33.979049, 35.219833, 36.308983 ] }, { "date": "2026-01-02", "close": 35.163306, "volume": 3083731, "typical_volume": 6108915.9, "trend": 37.484001, "fair_value": 35.553471, "relative_strength": -24.80484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.456982, "energy": 22.832506, "activity_lines": [ 34.384685, 34.107688, 35.091079, 36.146925 ] }, { "date": "2026-01-09", "close": 35.394771, "volume": 5363923, "typical_volume": 6196608.35, "trend": 37.296788, "fair_value": 35.618352, "relative_strength": -24.569993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.774232, "energy": 21.189335, "activity_lines": [ 34.681732, 34.332664, 35.000739, 36.012136 ] }, { "date": "2026-01-16", "close": 37.265775, "volume": 4857463, "typical_volume": 5760553.3, "trend": 37.213086, "fair_value": 35.701224, "relative_strength": -19.261502, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.058835, "energy": 13.369399, "activity_lines": [ 35.614662, 34.929562, 35.103319, 36.010135 ] }, { "date": "2026-01-23", "close": 38.365231, "volume": 4586696, "typical_volume": 5682859.15, "trend": 37.127054, "fair_value": 35.790245, "relative_strength": -15.524676, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.07319, "energy": 16.369599, "activity_lines": [ 36.77327, 35.661656, 35.321516, 36.084467 ] }, { "date": "2026-01-30", "close": 39.455043, "volume": 6328077, "typical_volume": 5717417.65, "trend": 37.085702, "fair_value": 35.896749, "relative_strength": -12.433557, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.745348, "energy": 37.99353, "activity_lines": [ 37.899087, 36.499312, 35.649716, 36.234659 ] }, { "date": "2026-02-06", "close": 40.882407, "volume": 7406436, "typical_volume": 5737564.15, "trend": 37.166483, "fair_value": 36.010203, "relative_strength": -8.065875, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 39.304878, "energy": 59.788469, "activity_lines": [ 39.150281, 37.451648, 36.122893, 36.479608 ] }, { "date": "2026-02-13", "close": 40.843078, "volume": 4919997, "typical_volume": 5726421.45, "trend": 37.204809, "fair_value": 36.127404, "relative_strength": -6.037961, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.661812, "energy": 63.534055, "activity_lines": [ 40.007092, 38.261637, 36.591007, 36.716808 ] }, { "date": "2026-02-20", "close": 44.795634, "volume": 11367730, "typical_volume": 5880381.55, "trend": 37.399944, "fair_value": 36.268242, "relative_strength": 2.705012, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.38851, "energy": 76.1755, "activity_lines": [ 41.818201, 39.694544, 37.446405, 37.206538 ] }, { "date": "2026-02-27", "close": 44.726808, "volume": 11959266, "typical_volume": 6175770.7, "trend": 37.541721, "fair_value": 36.397742, "relative_strength": 3.861461, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.432592, "energy": 84.262788, "activity_lines": [ 43.104378, 40.939629, 38.255573, 37.679239 ] }, { "date": "2026-03-06", "close": 44.815298, "volume": 7493219, "typical_volume": 6262634.8, "trend": 37.733729, "fair_value": 36.52691, "relative_strength": 6.673746, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.311963, "energy": 83.627113, "activity_lines": [ 43.995946, 41.97712, 39.022204, 38.148502 ] }, { "date": "2026-03-13", "close": 44.087713, "volume": 5595064, "typical_volume": 6204640.35, "trend": 37.916615, "fair_value": 36.661811, "relative_strength": 7.208931, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.45967, "energy": 78.449252, "activity_lines": [ 44.287635, 42.689298, 39.66739, 38.558437 ] }, { "date": "2026-03-20", "close": 45.110265, "volume": 5486479, "typical_volume": 6168918.9, "trend": 38.137369, "fair_value": 36.800117, "relative_strength": 12.283641, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.742905, "energy": 70.054265, "activity_lines": [ 44.706488, 43.425133, 40.381673, 39.022543 ] }, { "date": "2026-03-27", "close": 47.764967, "volume": 4321824, "typical_volume": 6013234.45, "trend": 38.410993, "fair_value": 36.949842, "relative_strength": 21.97319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.421509, "energy": 69.616186, "activity_lines": [ 45.725763, 44.466995, 41.310834, 39.643679 ] }, { "date": "2026-04-03", "close": 45.877179, "volume": 5974789, "typical_volume": 6024710.65, "trend": 38.617908, "fair_value": 37.087916, "relative_strength": 13.599518, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.756494, "energy": 54.36255, "activity_lines": [ 45.917819, 44.974728, 41.993262, 40.125368 ] }, { "date": "2026-04-10", "close": 46.496609, "volume": 6044704, "typical_volume": 6009123.75, "trend": 38.789363, "fair_value": 37.224862, "relative_strength": 11.293502, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.310198, "energy": 54.178474, "activity_lines": [ 46.23966, 45.458505, 42.674664, 40.633671 ] }, { "date": "2026-04-17", "close": 45.887011, "volume": 3798928, "typical_volume": 5998178.05, "trend": 38.9654, "fair_value": 37.363798, "relative_strength": 5.485241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.314403, "energy": 50.640677, "activity_lines": [ 46.246215, 45.703417, 43.226544, 41.091584 ] }, { "date": "2026-04-24", "close": 47.47, "volume": 4626208, "typical_volume": 6007944.45, "trend": 39.110357, "fair_value": 37.514132, "relative_strength": 8.765026, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.228478, "energy": 50.407991, "activity_lines": [ 46.66048, 46.145152, 43.869944, 41.640268 ] }, { "date": "2026-05-01", "close": 49.39, "volume": 5939350, "typical_volume": 5906756.4, "trend": 39.541224, "fair_value": 37.67991, "relative_strength": 12.121085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.181861, "energy": 54.443207, "activity_lines": [ 47.557429, 46.815488, 44.639573, 42.303471 ] }, { "date": "2026-05-08", "close": 47.54, "volume": 7426887, "typical_volume": 5962528.65, "trend": 39.99175, "fair_value": 37.832341, "relative_strength": 5.602238, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.485608, "energy": 46.465654, "activity_lines": [ 47.729375, 47.065928, 45.165219, 42.819521 ] }, { "date": "2026-05-15", "close": 51.27, "volume": 4858757, "typical_volume": 6071976.4, "trend": 40.571967, "fair_value": 37.997691, "relative_strength": 13.731336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.384676, "energy": 55.308645, "activity_lines": [ 49.033801, 47.943399, 45.974124, 43.54715 ] }, { "date": "2026-05-22", "close": 50.53, "volume": 4436422, "typical_volume": 6139610.95, "trend": 40.984726, "fair_value": 38.16292, "relative_strength": 11.289714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.625961, "energy": 60.377877, "activity_lines": [ 49.773333, 48.568968, 46.631262, 44.189604 ] }, { "date": "2026-05-29", "close": 45.95, "volume": 3400187, "typical_volume": 6041424.15, "trend": 41.27838, "fair_value": 38.288931, "relative_strength": 0.074565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.707793, "energy": 44.538687, "activity_lines": [ 48.676667, 48.244676, 46.779034, 44.509944 ] }, { "date": "2026-06-05", "close": 45.19, "volume": 4046714, "typical_volume": 6000886.7, "trend": 41.661146, "fair_value": 38.409966, "relative_strength": 1.194736, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.385159, "energy": 31.376384, "activity_lines": [ 47.428, 47.766935, 46.804163, 44.762306 ] }, { "date": "2026-06-12", "close": 47.44, "volume": 4597569, "typical_volume": 6001430.35, "trend": 42.133379, "fair_value": 38.539776, "relative_strength": 5.81742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.989719, "energy": 20.8354, "activity_lines": [ 47.209333, 47.745102, 47.005842, 45.135136 ] }, { "date": "2026-06-19", "close": 45.794456, "volume": 5940268, "typical_volume": 5982039.9, "trend": 42.610234, "fair_value": 38.662838, "relative_strength": 1.410645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.378285, "energy": 21.990829, "activity_lines": [ 46.448819, 47.395665, 47.00759, 45.371334 ] }, { "date": "2026-06-26", "close": 48.963554, "volume": 8526603, "typical_volume": 6038048.25, "trend": 43.127465, "fair_value": 38.796252, "relative_strength": 11.074234, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.616608, "energy": 20.564715, "activity_lines": [ 47.109706, 47.635194, 47.28097, 45.781226 ] }, { "date": "2026-07-03", "close": 46.99517, "volume": 3340677, "typical_volume": 5959082.25, "trend": 43.508037, "fair_value": 38.917767, "relative_strength": 4.438328, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.23588, "energy": 18.313381, "activity_lines": [ 47.218896, 47.460897, 47.328402, 46.030755 ] }, { "date": "2026-07-10", "close": 47.556159, "volume": 3177818, "typical_volume": 5549586.65, "trend": 43.921454, "fair_value": 39.038564, "relative_strength": 4.240088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.181111, "energy": 18.703843, "activity_lines": [ 47.445403, 47.397232, 47.399967, 46.291924 ] }, { "date": "2026-07-17", "close": 49.485176, "volume": 4433931, "typical_volume": 5173319.9, "trend": 44.490149, "fair_value": 39.173473, "relative_strength": 10.077836, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.844347, "energy": 32.982992, "activity_lines": [ 48.157173, 47.717639, 47.642102, 46.650874 ] }, { "date": "2026-07-24", "close": 50.43, "volume": 4298216, "typical_volume": 5013569.75, "trend": 45.031187, "fair_value": 39.314182, "relative_strength": 12.610569, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 61.51623, "energy": 39.558709, "activity_lines": [ 49.047538, 48.174466, 47.951561, 47.03409 ] }, { "date": "2026-07-31", "close": 50.57, "volume": 4773110, "typical_volume": 4972472.05, "trend": 45.544743, "fair_value": 39.451282, "relative_strength": 11.63232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.30024, "energy": 51.479401, "activity_lines": [ 49.675534, 48.672021, 48.247617, 47.391433 ] }, { "date": "2026-08-07", "close": 49.18, "volume": 6492417, "typical_volume": 5022768.95, "trend": 46.004251, "fair_value": 39.579367, "relative_strength": 4.82711, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.705641, "energy": 50.482537, "activity_lines": [ 49.733101, 48.91612, 48.380424, 47.625966 ] } ], "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." } } }