{ "ticker": { "uuid": "4dc47b44-a285-40df-b29d-d2125465b751", "symbol": "BKUI", "name": "BNY MELLON ETF TR ULTRA SHORT INCOME ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 74.874, "architecture_energy": 59.199, "architecture_maturity": 100.0, "architecture_confidence": 73.679, "architecture_tenure": "Extended", "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": 32.92, "rotation_up": 61.91, "upward_expansion": 83.39, "deceleration": 50.49, "rotation_down": 18.61, "downward_expansion": 10.05 }, "activity_lines": [ 49.546464, 49.522534, 49.48637, 49.442072 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.666667 }, "latest_close": 49.615, "trend_reference": 49.367626, "distance_from_trend": 0.005011, "trend_direction": "Improving", "fair_value": 46.793084, "distance_from_fair_value": 0.060306, "fair_value_direction": "Weakening", "relative_strength": -9.936455, "relative_strength_direction": "Weakening", "price_momentum": 0.008761, "excess_performance": -0.116864, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.005011, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.004623, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.060306, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.007366, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.099365, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.000599, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.008761, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.608426, "read": "Demand-led" } ], "volume": { "latest": 163524, "relative_activity": 0.559853, "balance": 1.608426, "dry_up": 0.792338, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.001946, "annualized_volatility": 0.008792, "from_high_reference": -0.000906, "from_low_reference": 0.031651 }, "levels": { "trend_reference": 49.367626, "fair_value_reference": 46.793084, "structural_low": 49.193983, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 45, "median_return": 0.003737, "positive_rate": 0.933333, "directional_follow_through": 0.933333, "median_excess_return": -0.014698, "regime_survival": 1.0, "best_return": 0.008562, "worst_return": -0.001436, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.012562, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.034044, "regime_survival": 1.0, "best_return": 0.016773, "worst_return": 0.002293, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.025564, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.069196, "regime_survival": 1.0, "best_return": 0.031171, "worst_return": 0.022896, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.055067, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.181089, "regime_survival": 1.0, "best_return": 0.055151, "worst_return": 0.04926, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-02-17", "end": "2026-08-07", "tenure": "Extended", "return": 0.176909, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 43.133988, "volume": 10954, "typical_volume": 18289.25, "trend": 42.553205, "fair_value": 41.903241, "relative_strength": -5.669226, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.420469, "energy": 92.309894, "activity_lines": [ 43.094551, 43.018982, 42.871733, 42.73701 ] }, { "date": "2023-08-25", "close": 43.173492, "volume": 5320, "typical_volume": 18087.15, "trend": 42.590188, "fair_value": 41.915112, "relative_strength": -6.226213, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.307698, "energy": 95.184097, "activity_lines": [ 43.129518, 43.059519, 42.913065, 42.777029 ] }, { "date": "2023-09-01", "close": 43.264352, "volume": 8225, "typical_volume": 17595.05, "trend": 42.628244, "fair_value": 41.927605, "relative_strength": -8.169424, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.269764, "energy": 97.249935, "activity_lines": [ 43.181539, 43.108864, 42.959151, 42.820523 ] }, { "date": "2023-09-08", "close": 43.273166, "volume": 12988, "typical_volume": 17498.2, "trend": 42.666593, "fair_value": 41.93995, "relative_strength": -6.868699, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.811969, "energy": 95.709057, "activity_lines": [ 43.221289, 43.151397, 43.00193, 42.862131 ] }, { "date": "2023-09-15", "close": 43.308422, "volume": 20567, "typical_volume": 17093.2, "trend": 42.704972, "fair_value": 41.952391, "relative_strength": -6.475594, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.051928, "energy": 95.709839, "activity_lines": [ 43.260587, 43.192081, 43.044085, 42.90354 ] }, { "date": "2023-09-22", "close": 43.343679, "volume": 12421, "typical_volume": 16404.55, "trend": 42.744812, "fair_value": 41.964925, "relative_strength": -3.340739, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.694321, "energy": 91.92627, "activity_lines": [ 43.298252, 43.231047, 43.085757, 42.944746 ] }, { "date": "2023-09-29", "close": 43.374529, "volume": 32138, "typical_volume": 17327.6, "trend": 42.784754, "fair_value": 41.97751, "relative_strength": -2.31299, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.475686, "energy": 80.928303, "activity_lines": [ 43.332221, 43.268124, 43.12654, 42.985373 ] }, { "date": "2023-10-06", "close": 43.39321, "volume": 20521, "typical_volume": 17477.4, "trend": 42.82259, "fair_value": 41.990039, "relative_strength": -2.469856, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.036559, "energy": 74.732911, "activity_lines": [ 43.359014, 43.301333, 43.165273, 43.024629 ] }, { "date": "2023-10-13", "close": 43.446296, "volume": 12079, "typical_volume": 16164.55, "trend": 42.862924, "fair_value": 42.002813, "relative_strength": -2.488641, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.715734, "energy": 76.722057, "activity_lines": [ 43.394912, 43.337704, 43.205104, 43.064868 ] }, { "date": "2023-10-20", "close": 43.463991, "volume": 11850, "typical_volume": 15700.55, "trend": 42.90297, "fair_value": 42.015519, "relative_strength": 0.109936, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.321322, "energy": 75.532395, "activity_lines": [ 43.425167, 43.370815, 43.24247, 43.103646 ] }, { "date": "2023-10-27", "close": 43.534772, "volume": 17174, "typical_volume": 16110.9, "trend": 42.945535, "fair_value": 42.028616, "relative_strength": 2.880967, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.987022, "energy": 77.864922, "activity_lines": [ 43.468644, 43.410317, 43.282717, 43.144408 ] }, { "date": "2023-11-03", "close": 43.63548, "volume": 23319, "typical_volume": 16461.1, "trend": 42.988227, "fair_value": 42.04235, "relative_strength": -2.368674, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.562507, "energy": 79.123242, "activity_lines": [ 43.532951, 43.460842, 43.328566, 43.18892 ] }, { "date": "2023-11-10", "close": 43.638145, "volume": 4609, "typical_volume": 16194.5, "trend": 43.029711, "fair_value": 42.055873, "relative_strength": -3.550775, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.81566, "energy": 85.587467, "activity_lines": [ 43.580749, 43.503452, 43.370449, 43.23085 ] }, { "date": "2023-11-17", "close": 43.744764, "volume": 8855, "typical_volume": 15676.95, "trend": 43.073307, "fair_value": 42.070066, "relative_strength": -5.32984, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.514732, "energy": 78.766276, "activity_lines": [ 43.647758, 43.558651, 43.418502, 43.276983 ] }, { "date": "2023-11-24", "close": 43.789189, "volume": 1045, "typical_volume": 15471.55, "trend": 43.116221, "fair_value": 42.084392, "relative_strength": -6.016573, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.31159, "energy": 83.145399, "activity_lines": [ 43.709678, 43.613353, 43.466378, 43.323169 ] }, { "date": "2023-12-01", "close": 43.927793, "volume": 2742, "typical_volume": 14145.85, "trend": 43.162477, "fair_value": 42.099627, "relative_strength": -6.3521, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.33128, "energy": 94.452884, "activity_lines": [ 43.796119, 43.684515, 43.523036, 43.375528 ] }, { "date": "2023-12-08", "close": 43.963467, "volume": 3048, "typical_volume": 13475.55, "trend": 43.208909, "fair_value": 42.114904, "relative_strength": -6.285123, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.506935, "energy": 88.000903, "activity_lines": [ 43.86825, 43.751542, 43.578346, 43.427205 ] }, { "date": "2023-12-15", "close": 44.107856, "volume": 23008, "typical_volume": 13625.6, "trend": 43.260443, "fair_value": 42.131107, "relative_strength": -7.890661, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.791162, "energy": 90.488059, "activity_lines": [ 43.966645, 43.834114, 43.642701, 43.485202 ] }, { "date": "2023-12-22", "close": 44.164132, "volume": 870015, "typical_volume": 55922.75, "trend": 43.31342, "fair_value": 42.147502, "relative_strength": -8.309575, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.406503, "energy": 87.771535, "activity_lines": [ 44.052484, 43.913924, 43.707312, 43.543504 ] }, { "date": "2023-12-29", "close": 44.236538, "volume": 32732, "typical_volume": 56680.5, "trend": 43.366189, "fair_value": 42.164214, "relative_strength": -8.167541, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.075124, "energy": 82.11052, "activity_lines": [ 44.134501, 43.993847, 43.773704, 43.60306 ] }, { "date": "2024-01-05", "close": 44.232066, "volume": 38259, "typical_volume": 58045.75, "trend": 43.417357, "fair_value": 42.180626, "relative_strength": -6.459111, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.118869, "energy": 74.435988, "activity_lines": [ 44.185204, 44.058912, 43.834295, 43.658923 ] }, { "date": "2024-01-12", "close": 44.342344, "volume": 129126, "typical_volume": 64236.05, "trend": 43.470459, "fair_value": 42.197647, "relative_strength": -7.704741, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.023306, "energy": 77.196883, "activity_lines": [ 44.252381, 44.131348, 43.900159, 43.7186 ] }, { "date": "2024-01-19", "close": 44.333669, "volume": 41934, "typical_volume": 65921.5, "trend": 43.521529, "fair_value": 42.214335, "relative_strength": -8.544856, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.45786, "energy": 73.840384, "activity_lines": [ 44.291408, 44.189355, 43.959631, 43.774291 ] }, { "date": "2024-01-26", "close": 44.393056, "volume": 35977, "typical_volume": 67070.95, "trend": 43.573999, "fair_value": 42.231224, "relative_strength": -9.111096, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.248579, "energy": 75.152718, "activity_lines": [ 44.335177, 44.245514, 44.019668, 43.830518 ] }, { "date": "2024-02-02", "close": 44.442583, "volume": 22813, "typical_volume": 67183.25, "trend": 43.626707, "fair_value": 42.248235, "relative_strength": -10.048589, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.514752, "energy": 75.59635, "activity_lines": [ 44.380193, 44.298891, 44.079088, 43.886556 ] }, { "date": "2024-02-09", "close": 44.460545, "volume": 21500, "typical_volume": 67637.2, "trend": 43.677683, "fair_value": 42.265123, "relative_strength": -10.966229, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.613568, "energy": 73.841669, "activity_lines": [ 44.41746, 44.343654, 44.134818, 43.940352 ] }, { "date": "2024-02-16", "close": 44.478507, "volume": 29521, "typical_volume": 67506.35, "trend": 43.7278, "fair_value": 42.281891, "relative_strength": -10.351114, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.544229, "energy": 72.712798, "activity_lines": [ 44.445483, 44.381996, 44.186941, 43.992018 ] }, { "date": "2024-02-23", "close": 44.514432, "volume": 22033, "typical_volume": 67581.95, "trend": 43.777074, "fair_value": 42.298677, "relative_strength": -11.40376, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.930588, "energy": 73.149515, "activity_lines": [ 44.476403, 44.417505, 44.237227, 44.042768 ] }, { "date": "2024-03-01", "close": 44.573976, "volume": 27282, "typical_volume": 68342.1, "trend": 43.826536, "fair_value": 42.315657, "relative_strength": -11.823992, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.012084, "energy": 75.309401, "activity_lines": [ 44.51512, 44.456449, 44.287846, 44.094182 ] }, { "date": "2024-03-08", "close": 44.641608, "volume": 25883, "typical_volume": 69043.75, "trend": 43.877668, "fair_value": 42.332886, "relative_strength": -11.079864, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.395355, "energy": 76.484366, "activity_lines": [ 44.56432, 44.500237, 44.339536, 44.146767 ] }, { "date": "2024-03-15", "close": 44.63259, "volume": 18011, "typical_volume": 69085.6, "trend": 43.927622, "fair_value": 42.349795, "relative_strength": -10.65662, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.251958, "energy": 89.251031, "activity_lines": [ 44.597245, 44.535021, 44.384759, 44.195471 ] }, { "date": "2024-03-22", "close": 44.70924, "volume": 19102, "typical_volume": 68874.75, "trend": 43.978813, "fair_value": 42.367018, "relative_strength": -12.067787, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.714019, "energy": 92.975446, "activity_lines": [ 44.644251, 44.576459, 44.432055, 44.245898 ] }, { "date": "2024-03-29", "close": 44.749819, "volume": 29833, "typical_volume": 70135.95, "trend": 44.028329, "fair_value": 42.384284, "relative_strength": -11.968218, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.230721, "energy": 90.490717, "activity_lines": [ 44.689401, 44.618604, 44.478102, 44.295641 ] }, { "date": "2024-04-05", "close": 44.778662, "volume": 17229, "typical_volume": 70554.65, "trend": 44.078512, "fair_value": 42.40151, "relative_strength": -10.793988, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.582848, "energy": 87.794331, "activity_lines": [ 44.728473, 44.658427, 44.521602, 44.344049 ] }, { "date": "2024-04-12", "close": 44.769606, "volume": 87050, "typical_volume": 74854.9, "trend": 44.127218, "fair_value": 42.418425, "relative_strength": -9.18849, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.404709, "energy": 72.038629, "activity_lines": [ 44.75088, 44.689593, 44.559316, 44.388636 ] }, { "date": "2024-04-19", "close": 44.792247, "volume": 48809, "typical_volume": 77158.25, "trend": 44.175504, "fair_value": 42.435261, "relative_strength": -6.001506, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.976051, "energy": 72.206316, "activity_lines": [ 44.772302, 44.718929, 44.594519, 44.431541 ] }, { "date": "2024-04-26", "close": 44.837528, "volume": 26987, "typical_volume": 78355.2, "trend": 44.22427, "fair_value": 42.452178, "relative_strength": -8.047672, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.184663, "energy": 74.702133, "activity_lines": [ 44.798173, 44.750467, 44.629917, 44.474252 ] }, { "date": "2024-05-03", "close": 44.941757, "volume": 31051, "typical_volume": 78757.35, "trend": 44.275889, "fair_value": 42.469588, "relative_strength": -8.07242, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.504698, "energy": 78.308447, "activity_lines": [ 44.850234, 44.794428, 44.671079, 44.520542 ] }, { "date": "2024-05-10", "close": 44.973585, "volume": 26855, "typical_volume": 36599.35, "trend": 44.326798, "fair_value": 42.486977, "relative_strength": -9.355203, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.891354, "energy": 77.43081, "activity_lines": [ 44.900109, 44.836406, 44.711302, 44.565554 ] }, { "date": "2024-05-17", "close": 45.037242, "volume": 30168, "typical_volume": 36471.15, "trend": 44.37924, "fair_value": 42.504565, "relative_strength": -10.37579, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.087422, "energy": 96.906117, "activity_lines": [ 44.958208, 44.882693, 44.753733, 44.61139 ] }, { "date": "2024-05-24", "close": 45.050883, "volume": 10959, "typical_volume": 35106.15, "trend": 44.429777, "fair_value": 42.522005, "relative_strength": -10.023376, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.074649, "energy": 95.75759, "activity_lines": [ 45.003012, 44.924267, 44.79365, 44.654721 ] }, { "date": "2024-05-31", "close": 45.094988, "volume": 9476, "typical_volume": 29123.65, "trend": 44.478427, "fair_value": 42.539508, "relative_strength": -9.29368, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.858337, "energy": 96.265459, "activity_lines": [ 45.045275, 44.966254, 44.833869, 44.697638 ] }, { "date": "2024-06-07", "close": 45.156039, "volume": 10687, "typical_volume": 27561.3, "trend": 44.529024, "fair_value": 42.557188, "relative_strength": -10.00276, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.27677, "energy": 97.391545, "activity_lines": [ 45.090724, 45.012328, 44.876317, 44.741355 ] }, { "date": "2024-06-14", "close": 45.238248, "volume": 21589, "typical_volume": 26841.9, "trend": 44.578807, "fair_value": 42.575181, "relative_strength": -11.02286, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.880365, "energy": 78.801059, "activity_lines": [ 45.149291, 45.065964, 44.92268, 44.787112 ] }, { "date": "2024-06-21", "close": 45.261084, "volume": 20806, "typical_volume": 26741.55, "trend": 44.62787, "fair_value": 42.593087, "relative_strength": -11.236498, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.936869, "energy": 92.702505, "activity_lines": [ 45.197826, 45.115395, 44.967192, 44.831129 ] }, { "date": "2024-06-28", "close": 45.288488, "volume": 25973, "typical_volume": 26965.2, "trend": 44.673226, "fair_value": 42.610938, "relative_strength": -10.865672, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.182588, "energy": 87.062451, "activity_lines": [ 45.240572, 45.160873, 45.010417, 44.87375 ] }, { "date": "2024-07-05", "close": 45.376994, "volume": 33159, "typical_volume": 27147.1, "trend": 44.720344, "fair_value": 42.629135, "relative_strength": -12.056013, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.879359, "energy": 81.575229, "activity_lines": [ 45.296981, 45.21342, 45.058128, 44.919154 ] }, { "date": "2024-07-12", "close": 45.462561, "volume": 10959, "typical_volume": 26593.4, "trend": 44.765501, "fair_value": 42.647655, "relative_strength": -12.447535, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.611748, "energy": 92.026544, "activity_lines": [ 45.363111, 45.271716, 45.10971, 44.967039 ] }, { "date": "2024-07-19", "close": 45.502822, "volume": 49393, "typical_volume": 27698.95, "trend": 44.810124, "fair_value": 42.666195, "relative_strength": -10.363367, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.10725, "energy": 77.926287, "activity_lines": [ 45.422226, 45.327864, 45.160611, 45.014608 ] }, { "date": "2024-07-26", "close": 45.55785, "volume": 25840, "typical_volume": 27696.8, "trend": 44.854167, "fair_value": 42.68485, "relative_strength": -9.281678, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.147098, "energy": 77.592964, "activity_lines": [ 45.482046, 45.384394, 45.21233, 45.062849 ] }, { "date": "2024-08-02", "close": 45.706524, "volume": 60190, "typical_volume": 29805.75, "trend": 44.903316, "fair_value": 42.70422, "relative_strength": -6.780971, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.158888, "energy": 89.460144, "activity_lines": [ 45.57164, 45.45849, 45.273846, 45.11784 ] }, { "date": "2024-08-09", "close": 45.720347, "volume": 91834, "typical_volume": 33442.35, "trend": 44.949249, "fair_value": 42.728199, "relative_strength": -6.52804, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.233833, "energy": 89.032458, "activity_lines": [ 45.637972, 45.523178, 45.331564, 45.170551 ] }, { "date": "2024-08-16", "close": 45.771029, "volume": 82283, "typical_volume": 36064.85, "trend": 44.997161, "fair_value": 42.752504, "relative_strength": -9.689823, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.909605, "energy": 93.97936, "activity_lines": [ 45.698308, 45.585712, 45.389294, 45.223569 ] }, { "date": "2024-08-23", "close": 45.84475, "volume": 42937, "typical_volume": 37350.25, "trend": 45.045551, "fair_value": 42.777254, "relative_strength": -10.464642, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.586417, "energy": 83.374064, "activity_lines": [ 45.762654, 45.650467, 45.449182, 45.278252 ] }, { "date": "2024-08-30", "close": 45.904647, "volume": 88403, "typical_volume": 37417.9, "trend": 45.094287, "fair_value": 42.802293, "relative_strength": -10.294941, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.06194, "energy": 77.210703, "activity_lines": [ 45.824169, 45.715086, 45.509698, 45.333678 ] }, { "date": "2024-09-06", "close": 46.012452, "volume": 25061, "typical_volume": 36230.5, "trend": 45.146017, "fair_value": 42.827997, "relative_strength": -5.937947, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.639009, "energy": 78.461319, "activity_lines": [ 45.8985, 45.787604, 45.575076, 45.392915 ] }, { "date": "2024-09-13", "close": 46.067995, "volume": 110334, "typical_volume": 40397.85, "trend": 45.199, "fair_value": 42.854111, "relative_strength": -9.129297, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.118987, "energy": 77.933961, "activity_lines": [ 45.97095, 45.857058, 45.639934, 45.452397 ] }, { "date": "2024-09-20", "close": 46.142052, "volume": 98128, "typical_volume": 43751.7, "trend": 45.253254, "fair_value": 42.880753, "relative_strength": -9.858585, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.554262, "energy": 78.525945, "activity_lines": [ 46.044909, 45.927414, 45.705985, 45.513239 ] }, { "date": "2024-09-27", "close": 46.17908, "volume": 80276, "typical_volume": 46422.75, "trend": 45.306757, "fair_value": 42.907633, "relative_strength": -9.870608, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.828209, "energy": 81.94006, "activity_lines": [ 46.106476, 45.992147, 45.769847, 45.57297 ] }, { "date": "2024-10-04", "close": 46.173054, "volume": 422126, "typical_volume": 66020.65, "trend": 45.357805, "fair_value": 42.934512, "relative_strength": -9.697451, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.795156, "energy": 86.352472, "activity_lines": [ 46.143746, 46.043489, 45.827395, 45.62886 ] }, { "date": "2024-10-11", "close": 46.214894, "volume": 55780, "typical_volume": 68261.7, "trend": 45.410549, "fair_value": 42.961784, "relative_strength": -10.213137, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.724896, "energy": 73.940321, "activity_lines": [ 46.177068, 46.091253, 45.883518, 45.684156 ] }, { "date": "2024-10-18", "close": 46.261383, "volume": 60023, "typical_volume": 70789.05, "trend": 45.462287, "fair_value": 42.989623, "relative_strength": -10.399134, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.7497, "energy": 74.984132, "activity_lines": [ 46.212391, 46.138226, 45.938527, 45.739048 ] }, { "date": "2024-10-25", "close": 46.270681, "volume": 58961, "typical_volume": 73202.75, "trend": 45.512982, "fair_value": 43.017575, "relative_strength": -8.976416, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.547697, "energy": 73.496869, "activity_lines": [ 46.23792, 46.177053, 45.988866, 45.791203 ] }, { "date": "2024-11-01", "close": 46.292066, "volume": 35141, "typical_volume": 73880.35, "trend": 45.563429, "fair_value": 43.045514, "relative_strength": -7.238387, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.159215, "energy": 77.144833, "activity_lines": [ 46.262003, 46.210683, 46.035935, 45.841466 ] }, { "date": "2024-11-08", "close": 46.33875, "volume": 55867, "typical_volume": 75633.4, "trend": 45.615734, "fair_value": 43.073968, "relative_strength": -10.909948, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.061361, "energy": 75.439357, "activity_lines": [ 46.294114, 46.244669, 46.082431, 45.891487 ] }, { "date": "2024-11-15", "close": 46.362092, "volume": 65664, "typical_volume": 77617.95, "trend": 45.668062, "fair_value": 43.102604, "relative_strength": -8.583733, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.592237, "energy": 75.496919, "activity_lines": [ 46.32296, 46.275005, 46.126019, 45.939639 ] }, { "date": "2024-11-22", "close": 46.390103, "volume": 40922, "typical_volume": 78006.1, "trend": 45.719815, "fair_value": 43.131603, "relative_strength": -9.634646, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.208014, "energy": 82.975946, "activity_lines": [ 46.35133, 46.304078, 46.167162, 45.986222 ] }, { "date": "2024-11-29", "close": 46.464798, "volume": 93264, "typical_volume": 82121.35, "trend": 45.770583, "fair_value": 43.161101, "relative_strength": -10.148441, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.453373, "energy": 77.672915, "activity_lines": [ 46.396016, 46.340874, 46.210595, 46.034286 ] }, { "date": "2024-12-06", "close": 46.527696, "volume": 54202, "typical_volume": 82361.8, "trend": 45.822386, "fair_value": 43.191136, "relative_strength": -10.398334, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.897877, "energy": 89.099603, "activity_lines": [ 46.448728, 46.383239, 46.255245, 46.083132 ] }, { "date": "2024-12-13", "close": 46.551123, "volume": 47805, "typical_volume": 83460.05, "trend": 45.872849, "fair_value": 43.221188, "relative_strength": -9.455793, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.493466, "energy": 94.594804, "activity_lines": [ 46.493539, 46.423525, 46.297246, 46.130147 ] }, { "date": "2024-12-20", "close": 46.569866, "volume": 50033, "typical_volume": 82952.2, "trend": 45.923482, "fair_value": 43.251413, "relative_strength": -7.398366, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.145494, "energy": 94.403842, "activity_lines": [ 46.530441, 46.460344, 46.336302, 46.175116 ] }, { "date": "2024-12-27", "close": 46.615597, "volume": 51213, "typical_volume": 80921.15, "trend": 45.974169, "fair_value": 43.281844, "relative_strength": -7.5762, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.066821, "energy": 93.843169, "activity_lines": [ 46.568734, 46.499025, 46.375602, 46.219769 ] }, { "date": "2025-01-03", "close": 46.676778, "volume": 2199211, "typical_volume": 186767.55, "trend": 46.02486, "fair_value": 43.312828, "relative_strength": -6.61872, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.509404, "energy": 77.714378, "activity_lines": [ 46.612388, 46.542388, 46.416466, 46.265098 ] }, { "date": "2025-01-10", "close": 46.690897, "volume": 91848, "typical_volume": 189213.1, "trend": 46.073282, "fair_value": 43.343957, "relative_strength": -4.446474, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.135178, "energy": 76.184298, "activity_lines": [ 46.646616, 46.580936, 46.454362, 46.308068 ] }, { "date": "2025-01-17", "close": 46.756785, "volume": 261479, "typical_volume": 197866.9, "trend": 46.123138, "fair_value": 43.375724, "relative_strength": -6.732182, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.68139, "energy": 77.774435, "activity_lines": [ 46.691927, 46.624211, 46.494504, 46.352165 ] }, { "date": "2025-01-24", "close": 46.794435, "volume": 82919, "typical_volume": 200759.8, "trend": 46.173337, "fair_value": 43.407841, "relative_strength": -7.929816, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.995368, "energy": 77.18247, "activity_lines": [ 46.736077, 46.666731, 46.534173, 46.395475 ] }, { "date": "2025-01-31", "close": 46.865029, "volume": 75893, "typical_volume": 199037.75, "trend": 46.222938, "fair_value": 43.440587, "relative_strength": -6.565323, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.623219, "energy": 77.729723, "activity_lines": [ 46.788787, 46.714226, 46.576842, 46.4401 ] }, { "date": "2025-02-07", "close": 46.893734, "volume": 154978, "typical_volume": 201880.25, "trend": 46.270644, "fair_value": 43.473788, "relative_strength": -6.089236, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.370349, "energy": 76.598493, "activity_lines": [ 46.834437, 46.758305, 46.618449, 46.483377 ] }, { "date": "2025-02-14", "close": 46.931528, "volume": 61541, "typical_volume": 200943.5, "trend": 46.318267, "fair_value": 43.507366, "relative_strength": -7.10619, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.607864, "energy": 75.97488, "activity_lines": [ 46.878221, 46.801457, 46.660076, 46.526015 ] }, { "date": "2025-02-21", "close": 46.997669, "volume": 43503, "typical_volume": 182012.35, "trend": 46.366261, "fair_value": 43.541583, "relative_strength": -5.232333, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.624284, "energy": 77.025255, "activity_lines": [ 46.92801, 46.849292, 46.704419, 46.569847 ] }, { "date": "2025-02-28", "close": 47.101604, "volume": 78629, "typical_volume": 183154.8, "trend": 46.412764, "fair_value": 43.576504, "relative_strength": -3.906285, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 96.103988, "energy": 78.59923, "activity_lines": [ 46.996385, 46.907905, 46.754735, 46.617289 ] }, { "date": "2025-03-07", "close": 47.120424, "volume": 74130, "typical_volume": 183860.15, "trend": 46.459433, "fair_value": 43.6123, "relative_strength": -0.668533, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.638349, "energy": 84.703614, "activity_lines": [ 47.050556, 46.960272, 46.80262, 46.662944 ] }, { "date": "2025-03-14", "close": 47.134647, "volume": 74942, "typical_volume": 184659.2, "trend": 46.504887, "fair_value": 43.648486, "relative_strength": 1.786243, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.934205, "energy": 84.508723, "activity_lines": [ 47.092441, 47.006046, 46.847769, 46.706507 ] }, { "date": "2025-03-21", "close": 47.20102, "volume": 94958, "typical_volume": 187650.05, "trend": 46.550096, "fair_value": 43.68542, "relative_strength": 1.488339, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.985492, "energy": 81.798991, "activity_lines": [ 47.140389, 47.055563, 46.895125, 46.751418 ] }, { "date": "2025-03-28", "close": 47.267394, "volume": 43083, "typical_volume": 187010.85, "trend": 46.595521, "fair_value": 43.72261, "relative_strength": 3.190642, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.558146, "energy": 76.997672, "activity_lines": [ 47.192496, 47.107873, 46.944474, 46.797696 ] }, { "date": "2025-04-04", "close": 47.333225, "volume": 95046, "typical_volume": 188479.95, "trend": 46.639547, "fair_value": 43.760357, "relative_strength": 13.473213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.66707, "energy": 77.37739, "activity_lines": [ 47.248565, 47.162869, 46.99567, 46.845289 ] }, { "date": "2025-04-11", "close": 47.214285, "volume": 171094, "typical_volume": 194988.55, "trend": 46.677756, "fair_value": 43.797261, "relative_strength": 7.120619, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.551232, "energy": 68.763076, "activity_lines": [ 47.249546, 47.186443, 47.030915, 46.882369 ] }, { "date": "2025-04-18", "close": 47.295164, "volume": 112645, "typical_volume": 195957.6, "trend": 46.716193, "fair_value": 43.835197, "relative_strength": 8.883782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.349052, "energy": 70.920825, "activity_lines": [ 47.27123, 47.218373, 47.069937, 46.922202 ] }, { "date": "2025-04-25", "close": 47.376043, "volume": 268772, "typical_volume": 206686.1, "trend": 46.756092, "fair_value": 43.873516, "relative_strength": 4.350779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.650269, "energy": 73.840963, "activity_lines": [ 47.309171, 47.257708, 47.112709, 46.964773 ] }, { "date": "2025-05-02", "close": 47.417453, "volume": 47281, "typical_volume": 206659.9, "trend": 46.797572, "fair_value": 43.912133, "relative_strength": 1.598198, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.428692, "energy": 73.995793, "activity_lines": [ 47.349248, 47.296491, 47.155384, 47.007441 ] }, { "date": "2025-05-09", "close": 47.455666, "volume": 276039, "typical_volume": 217960.2, "trend": 46.838931, "fair_value": 43.950968, "relative_strength": 2.196137, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.743118, "energy": 74.113784, "activity_lines": [ 47.392059, 47.334589, 47.197573, 47.049899 ] }, { "date": "2025-05-16", "close": 47.482899, "volume": 161435, "typical_volume": 223471.3, "trend": 46.879648, "fair_value": 43.990059, "relative_strength": -2.742082, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.853123, "energy": 72.802075, "activity_lines": [ 47.435785, 47.371202, 47.238138, 47.091445 ] }, { "date": "2025-05-23", "close": 47.551198, "volume": 191429, "typical_volume": 123082.2, "trend": 46.922332, "fair_value": 44.029128, "relative_strength": 0.030805, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.40061, "energy": 80.670542, "activity_lines": [ 47.484369, 47.413641, 47.281077, 47.134771 ] }, { "date": "2025-05-30", "close": 47.613294, "volume": 45913, "typical_volume": 120785.45, "trend": 46.966373, "fair_value": 44.068736, "relative_strength": -1.451405, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.723826, "energy": 84.577726, "activity_lines": [ 47.536583, 47.459798, 47.325767, 47.179349 ] }, { "date": "2025-06-06", "close": 47.618793, "volume": 145714, "typical_volume": 114997.2, "trend": 47.009041, "fair_value": 44.108811, "relative_strength": -2.903719, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.707369, "energy": 72.705065, "activity_lines": [ 47.574813, 47.499458, 47.366588, 47.221441 ] }, { "date": "2025-06-13", "close": 47.685916, "volume": 42400, "typical_volume": 112971.25, "trend": 47.053169, "fair_value": 44.149784, "relative_strength": -2.314407, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.683102, "energy": 74.107991, "activity_lines": [ 47.621995, 47.544933, 47.409696, 47.26511 ] }, { "date": "2025-06-20", "close": 47.729066, "volume": 48458, "typical_volume": 111599.5, "trend": 47.097801, "fair_value": 44.19098, "relative_strength": -1.98043, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.646556, "energy": 61.385252, "activity_lines": [ 47.668211, 47.591841, 47.452669, 47.308717 ] }, { "date": "2025-06-27", "close": 47.805778, "volume": 132261, "typical_volume": 110463.65, "trend": 47.1425, "fair_value": 44.232363, "relative_strength": -4.971571, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.042698, "energy": 62.565478, "activity_lines": [ 47.723585, 47.643337, 47.498834, 47.354393 ] }, { "date": "2025-07-04", "close": 47.832836, "volume": 68615, "typical_volume": 110817.35, "trend": 47.186005, "fair_value": 44.274081, "relative_strength": -6.364133, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.315265, "energy": 63.00293, "activity_lines": [ 47.771008, 47.690469, 47.543232, 47.39893 ] }, { "date": "2025-07-11", "close": 47.876141, "volume": 115472, "typical_volume": 114415.8, "trend": 47.230172, "fair_value": 44.316104, "relative_strength": -5.900765, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.766192, "energy": 62.706574, "activity_lines": [ 47.818229, 47.737169, 47.587463, 47.443455 ] }, { "date": "2025-07-18", "close": 47.919446, "volume": 51622, "typical_volume": 113065.45, "trend": 47.275158, "fair_value": 44.358026, "relative_strength": -6.242909, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.041798, "energy": 69.36401, "activity_lines": [ 47.862728, 47.783403, 47.631635, 47.487925 ] }, { "date": "2025-07-25", "close": 47.953128, "volume": 187724, "typical_volume": 118745.15, "trend": 47.319742, "fair_value": 44.400001, "relative_strength": -7.372279, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.426806, "energy": 69.316366, "activity_lines": [ 47.902886, 47.827329, 47.67512, 47.531665 ] }, { "date": "2025-08-01", "close": 48.03483, "volume": 138600, "typical_volume": 121928.05, "trend": 47.365011, "fair_value": 44.44263, "relative_strength": -4.703229, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.963918, "energy": 69.597006, "activity_lines": [ 47.955341, 47.87756, 47.722421, 47.577799 ] }, { "date": "2025-08-08", "close": 48.087976, "volume": 56712, "typical_volume": 120015.75, "trend": 47.41158, "fair_value": 44.485274, "relative_strength": -6.660672, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.890138, "energy": 71.911306, "activity_lines": [ 48.010241, 47.928661, 47.770497, 47.624442 ] }, { "date": "2025-08-15", "close": 48.141123, "volume": 70749, "typical_volume": 121399.05, "trend": 47.457725, "fair_value": 44.528043, "relative_strength": -7.272963, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.994862, "energy": 73.648112, "activity_lines": [ 48.065847, 47.980794, 47.819411, 47.671509 ] }, { "date": "2025-08-22", "close": 48.179775, "volume": 348544, "typical_volume": 134073.95, "trend": 47.503903, "fair_value": 44.571031, "relative_strength": -7.292721, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.811143, "energy": 74.218662, "activity_lines": [ 48.116672, 48.030458, 47.867845, 47.718093 ] }, { "date": "2025-08-29", "close": 48.232922, "volume": 58193, "typical_volume": 128428.9, "trend": 47.549499, "fair_value": 44.614257, "relative_strength": -6.982568, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.126213, "energy": 74.825762, "activity_lines": [ 48.167857, 48.080805, 47.91731, 47.765127 ] }, { "date": "2025-09-05", "close": 48.303617, "volume": 54247, "typical_volume": 125509.0, "trend": 47.596495, "fair_value": 44.657935, "relative_strength": -6.903543, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.389888, "energy": 79.162854, "activity_lines": [ 48.223955, 48.134846, 47.968657, 47.81378 ] }, { "date": "2025-09-12", "close": 48.352105, "volume": 106656, "typical_volume": 117403.2, "trend": 47.643848, "fair_value": 44.702141, "relative_strength": -8.043498, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.680995, "energy": 77.23345, "activity_lines": [ 48.278295, 48.18865, 48.01982, 47.862529 ] }, { "date": "2025-09-19", "close": 48.386047, "volume": 65562, "typical_volume": 118317.25, "trend": 47.690127, "fair_value": 44.746864, "relative_strength": -8.899121, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.531435, "energy": 95.58266, "activity_lines": [ 48.326342, 48.239185, 48.069567, 47.910412 ] }, { "date": "2025-09-26", "close": 48.390895, "volume": 67212, "typical_volume": 107875.9, "trend": 47.733104, "fair_value": 44.791672, "relative_strength": -8.440461, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.826066, "energy": 93.247972, "activity_lines": [ 48.359676, 48.28133, 48.115164, 47.955623 ] }, { "date": "2025-10-03", "close": 48.463295, "volume": 334680, "typical_volume": 116538.15, "trend": 47.777866, "fair_value": 44.836879, "relative_strength": -9.116006, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.925443, "energy": 95.30514, "activity_lines": [ 48.403068, 48.328067, 48.163203, 48.002732 ] }, { "date": "2025-10-10", "close": 48.502233, "volume": 87557, "typical_volume": 111344.55, "trend": 47.823452, "fair_value": 44.882506, "relative_strength": -6.643051, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.38261, "energy": 95.872724, "activity_lines": [ 48.444082, 48.372608, 48.210281, 48.049466 ] }, { "date": "2025-10-17", "close": 48.575242, "volume": 103923, "typical_volume": 114245.05, "trend": 47.869259, "fair_value": 44.928512, "relative_strength": -7.947268, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.951632, "energy": 79.244664, "activity_lines": [ 48.496191, 48.421925, 48.259784, 48.097968 ] }, { "date": "2025-10-24", "close": 48.604445, "volume": 127978, "typical_volume": 113358.25, "trend": 47.913828, "fair_value": 44.974515, "relative_strength": -9.441185, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.487213, "energy": 75.904704, "activity_lines": [ 48.543158, 48.467692, 48.307488, 48.1454 ] }, { "date": "2025-10-31", "close": 48.600454, "volume": 134466, "typical_volume": 117961.55, "trend": 47.956069, "fair_value": 45.02055, "relative_strength": -9.851114, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.052984, "energy": 86.518786, "activity_lines": [ 48.574236, 48.504309, 48.350118, 48.189698 ] }, { "date": "2025-11-07", "close": 48.653376, "volume": 189045, "typical_volume": 124990.9, "trend": 48.004039, "fair_value": 45.066133, "relative_strength": -8.129645, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.501851, "energy": 74.48332, "activity_lines": [ 48.608983, 48.5429, 48.393433, 48.234686 ] }, { "date": "2025-11-14", "close": 48.66813, "volume": 87734, "typical_volume": 122764.55, "trend": 48.049804, "fair_value": 45.111839, "relative_strength": -8.06109, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.174221, "energy": 73.281157, "activity_lines": [ 48.635977, 48.576529, 48.433752, 48.27753 ] }, { "date": "2025-11-21", "close": 48.736525, "volume": 87307, "typical_volume": 123699.15, "trend": 48.095153, "fair_value": 45.157655, "relative_strength": -6.017514, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.787549, "energy": 75.894104, "activity_lines": [ 48.674708, 48.615966, 48.476478, 48.321835 ] }, { "date": "2025-11-28", "close": 48.78489, "volume": 63940, "typical_volume": 121122.55, "trend": 48.140735, "fair_value": 45.203208, "relative_strength": -9.129732, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.686244, "energy": 76.235364, "activity_lines": [ 48.71881, 48.657207, 48.519507, 48.366334 ] }, { "date": "2025-12-05", "close": 48.813583, "volume": 106829, "typical_volume": 123882.9, "trend": 48.185999, "fair_value": 45.248808, "relative_strength": -9.241578, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.413841, "energy": 75.481472, "activity_lines": [ 48.760446, 48.696414, 48.560941, 48.409743 ] }, { "date": "2025-12-12", "close": 48.847893, "volume": 45990, "typical_volume": 116796.2, "trend": 48.231498, "fair_value": 45.294163, "relative_strength": -8.512308, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.820332, "energy": 82.835618, "activity_lines": [ 48.79931, 48.734173, 48.601385, 48.452446 ] }, { "date": "2025-12-19", "close": 48.901809, "volume": 33206, "typical_volume": 111526.5, "trend": 48.276519, "fair_value": 45.33959, "relative_strength": -8.34568, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.151555, "energy": 88.301404, "activity_lines": [ 48.843178, 48.774742, 48.642703, 48.495692 ] }, { "date": "2025-12-26", "close": 48.931218, "volume": 22604, "typical_volume": 109821.1, "trend": 48.32045, "fair_value": 45.385094, "relative_strength": -9.395665, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.398437, "energy": 76.164476, "activity_lines": [ 48.881271, 48.813394, 48.682694, 48.537931 ] }, { "date": "2026-01-02", "close": 48.977471, "volume": 78351, "typical_volume": 110201.2, "trend": 48.365739, "fair_value": 45.430509, "relative_strength": -8.179726, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.367811, "energy": 90.182892, "activity_lines": [ 48.921802, 48.853983, 48.723074, 48.580319 ] }, { "date": "2026-01-09", "close": 49.007002, "volume": 49152, "typical_volume": 95231.6, "trend": 48.409775, "fair_value": 45.475595, "relative_strength": -9.326757, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.456535, "energy": 84.674496, "activity_lines": [ 48.959337, 48.893158, 48.762284, 48.621691 ] }, { "date": "2026-01-16", "close": 49.041455, "volume": 192046, "typical_volume": 101924.25, "trend": 48.453521, "fair_value": 45.520487, "relative_strength": -8.760832, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.842932, "energy": 92.7965, "activity_lines": [ 48.995463, 48.931207, 48.800836, 48.662445 ] }, { "date": "2026-01-23", "close": 49.066065, "volume": 124373, "typical_volume": 105430.55, "trend": 48.495531, "fair_value": 45.565372, "relative_strength": -8.241528, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.094199, "energy": 94.335551, "activity_lines": [ 49.026887, 48.966673, 48.837882, 48.701964 ] }, { "date": "2026-01-30", "close": 49.126407, "volume": 57613, "typical_volume": 102978.4, "trend": 48.53865, "fair_value": 45.610268, "relative_strength": -8.315455, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.620911, "energy": 90.276339, "activity_lines": [ 49.067476, 49.005876, 48.877044, 48.742665 ] }, { "date": "2026-02-06", "close": 49.184107, "volume": 72006, "typical_volume": 103300.6, "trend": 48.582249, "fair_value": 45.655533, "relative_strength": -7.850915, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.61029, "energy": 91.333845, "activity_lines": [ 49.114285, 49.048481, 48.918014, 48.784308 ] }, { "date": "2026-02-13", "close": 49.243365, "volume": 65267, "typical_volume": 103203.35, "trend": 48.626379, "fair_value": 45.700958, "relative_strength": -6.408061, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.175765, "energy": 78.50497, "activity_lines": [ 49.167071, 49.094602, 48.960828, 48.82696 ] }, { "date": "2026-02-20", "close": 49.263117, "volume": 58188, "typical_volume": 89378.75, "trend": 48.670046, "fair_value": 45.746565, "relative_strength": -7.233225, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.459991, "energy": 93.601354, "activity_lines": [ 49.210683, 49.1365, 49.001463, 48.86804 ] }, { "date": "2026-02-27", "close": 49.297684, "volume": 56269, "typical_volume": 87814.35, "trend": 48.712141, "fair_value": 45.792215, "relative_strength": -6.508032, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.173632, "energy": 94.078774, "activity_lines": [ 49.25104, 49.177133, 49.041581, 48.908533 ] }, { "date": "2026-03-06", "close": 49.282724, "volume": 4466339, "typical_volume": 305935.15, "trend": 48.751966, "fair_value": 45.837245, "relative_strength": -4.417867, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.575492, "energy": 80.625354, "activity_lines": [ 49.27097, 49.207848, 49.076487, 48.945345 ] }, { "date": "2026-03-13", "close": 49.243091, "volume": 113528, "typical_volume": 305212.65, "trend": 48.788698, "fair_value": 45.88216, "relative_strength": -2.786736, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.597332, "energy": 68.867809, "activity_lines": [ 49.267267, 49.224967, 49.104249, 48.97703 ] }, { "date": "2026-03-20", "close": 49.292632, "volume": 3010348, "typical_volume": 449006.75, "trend": 48.825793, "fair_value": 45.927224, "relative_strength": -0.689545, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.63292, "energy": 71.121385, "activity_lines": [ 49.276145, 49.246263, 49.133689, 49.009542 ] }, { "date": "2026-03-27", "close": 49.265112, "volume": 84571, "typical_volume": 443783.05, "trend": 48.8602, "fair_value": 45.972143, "relative_strength": 1.73497, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.753792, "energy": 67.183693, "activity_lines": [ 49.272566, 49.257363, 49.157211, 49.037885 ] }, { "date": "2026-04-03", "close": 49.340416, "volume": 371490, "typical_volume": 457970.85, "trend": 48.89476, "fair_value": 46.016923, "relative_strength": -1.000497, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.92206, "energy": 72.15763, "activity_lines": [ 49.293955, 49.278087, 49.184992, 49.068867 ] }, { "date": "2026-04-10", "close": 49.395062, "volume": 605856, "typical_volume": 483898.3, "trend": 48.929525, "fair_value": 46.061804, "relative_strength": -3.930592, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.945496, "energy": 74.114961, "activity_lines": [ 49.330711, 49.30376, 49.214777, 49.101145 ] }, { "date": "2026-04-17", "close": 49.454676, "volume": 735273, "typical_volume": 517464.95, "trend": 48.965146, "fair_value": 46.10679, "relative_strength": -7.470792, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.808926, "energy": 73.312275, "activity_lines": [ 49.379849, 49.335386, 49.247102, 49.135025 ] }, { "date": "2026-04-24", "close": 49.484483, "volume": 275675, "typical_volume": 525907.25, "trend": 49.001599, "fair_value": 46.151551, "relative_strength": -7.489114, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.3982, "energy": 73.583715, "activity_lines": [ 49.424817, 49.367512, 49.279077, 49.168531 ] }, { "date": "2026-05-01", "close": 49.311576, "volume": 102645, "typical_volume": 528740.0, "trend": 49.029875, "fair_value": 46.194958, "relative_strength": -8.289446, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.610701, "energy": 65.276328, "activity_lines": [ 49.399359, 49.363817, 49.29139, 49.188529 ] }, { "date": "2026-05-08", "close": 49.367603, "volume": 322024, "typical_volume": 543180.9, "trend": 49.05872, "fair_value": 46.238529, "relative_strength": -9.876506, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.974858, "energy": 59.538807, "activity_lines": [ 49.389479, 49.369427, 49.306831, 49.210318 ] }, { "date": "2026-05-15", "close": 49.356278, "volume": 169930, "typical_volume": 550547.2, "trend": 49.084755, "fair_value": 46.282083, "relative_strength": -9.75768, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.388466, "energy": 49.394657, "activity_lines": [ 49.374011, 49.371708, 49.318976, 49.229516 ] }, { "date": "2026-05-22", "close": 49.396014, "volume": 287071, "typical_volume": 560983.2, "trend": 49.111141, "fair_value": 46.325808, "relative_strength": -10.075914, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.974158, "energy": 36.695567, "activity_lines": [ 49.374375, 49.379875, 49.33288, 49.249597 ] }, { "date": "2026-05-29", "close": 49.480451, "volume": 186151, "typical_volume": 567833.15, "trend": 49.140474, "fair_value": 46.369571, "relative_strength": -10.833525, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.837347, "energy": 49.350398, "activity_lines": [ 49.406795, 49.400614, 49.352833, 49.273423 ] }, { "date": "2026-06-05", "close": 49.495551, "volume": 121918, "typical_volume": 564326.75, "trend": 49.168546, "fair_value": 46.413152, "relative_strength": -8.197405, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.175606, "energy": 52.397888, "activity_lines": [ 49.444517, 49.420684, 49.37197, 49.296332 ] }, { "date": "2026-06-12", "close": 49.510498, "volume": 121263, "typical_volume": 564171.25, "trend": 49.196625, "fair_value": 46.456493, "relative_strength": -8.351046, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.251134, "energy": 54.663749, "activity_lines": [ 49.474957, 49.439282, 49.390368, 49.318393 ] }, { "date": "2026-06-19", "close": 49.525445, "volume": 56957, "typical_volume": 564138.45, "trend": 49.222923, "fair_value": 46.499594, "relative_strength": -8.810168, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.271486, "energy": 62.500718, "activity_lines": [ 49.500852, 49.457505, 49.408073, 49.339607 ] }, { "date": "2026-06-26", "close": 49.57527, "volume": 212764, "typical_volume": 571176.35, "trend": 49.249269, "fair_value": 46.542904, "relative_strength": -6.233068, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.116963, "energy": 71.565533, "activity_lines": [ 49.532078, 49.482416, 49.428623, 49.362339 ] }, { "date": "2026-07-03", "close": 49.424464, "volume": 770207, "typical_volume": 606423.35, "trend": 49.269631, "fair_value": 46.584975, "relative_strength": -8.233143, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.611822, "energy": 46.452325, "activity_lines": [ 49.501085, 49.477715, 49.432948, 49.373642 ] }, { "date": "2026-07-10", "close": 49.451369, "volume": 492165, "typical_volume": 628122.2, "trend": 49.289747, "fair_value": 46.626771, "relative_strength": -9.127242, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.031315, "energy": 38.410065, "activity_lines": [ 49.482793, 49.478998, 49.438973, 49.385367 ] }, { "date": "2026-07-17", "close": 49.497009, "volume": 93438, "typical_volume": 629980.65, "trend": 49.309587, "fair_value": 46.668579, "relative_strength": -7.354335, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.147129, "energy": 32.727456, "activity_lines": [ 49.48266, 49.486037, 49.448448, 49.398739 ] }, { "date": "2026-07-24", "close": 49.490831, "volume": 341917, "typical_volume": 423759.55, "trend": 49.328241, "fair_value": 46.709954, "relative_strength": -6.591312, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.818823, "energy": 23.806983, "activity_lines": [ 49.481366, 49.4896, 49.456385, 49.410432 ] }, { "date": "2026-07-31", "close": 49.551019, "volume": 326838, "typical_volume": 434425.05, "trend": 49.347359, "fair_value": 46.751371, "relative_strength": -7.198459, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.387976, "energy": 39.266873, "activity_lines": [ 49.502443, 49.50166, 49.469064, 49.424805 ] }, { "date": "2026-08-07", "close": 49.615, "volume": 163524, "typical_volume": 292083.85, "trend": 49.367626, "fair_value": 46.793084, "relative_strength": -9.936455, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.873611, "energy": 59.198619, "activity_lines": [ 49.546464, 49.522534, 49.48637, 49.442072 ] } ], "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." } } }