{ "ticker": { "uuid": "50c33faa-4f9b-4237-9ea0-e88c5d815f5a", "symbol": "DFE", "name": "WISDOMTREE TRUST EUROPE SMALLCAP DIVIDEND FD SBI USD0.001", "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": 56.686, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 43.708, "architecture_energy": 45.661, "architecture_maturity": 18.799, "architecture_confidence": 63.519, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 51.3, "rotation_up": 65.83, "upward_expansion": 53.61, "deceleration": 28.42, "rotation_down": 17.26, "downward_expansion": 14.28 }, "activity_lines": [ 75.379647, 74.455352, 74.32624, 74.186653 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 76.8168, "trend_reference": 74.21961, "distance_from_trend": 0.034993, "trend_direction": "Improving", "fair_value": 61.51945, "distance_from_fair_value": 0.248659, "fair_value_direction": "Weakening", "relative_strength": -5.149608, "relative_strength_direction": "Weakening", "price_momentum": 0.020038, "excess_performance": -0.105586, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.034993, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.020176, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.248659, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.024498, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.051496, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.007182, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.020038, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.826213, "read": "Demand-led" } ], "volume": { "latest": 24177, "relative_activity": 0.822896, "balance": 1.826213, "dry_up": 0.655726, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.025563, "annualized_volatility": 0.189429, "from_high_reference": -0.015612, "from_low_reference": 0.17817 }, "levels": { "trend_reference": 74.21961, "fair_value_reference": 61.51945, "structural_low": 69.0, "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": 7, "median_return": -0.027008, "positive_rate": 0.285714, "directional_follow_through": 0.285714, "median_excess_return": -0.020758, "regime_survival": 0.428571, "best_return": 0.018834, "worst_return": -0.043672, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 3, "median_return": -0.044006, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.078762, "regime_survival": 0.0, "best_return": -0.025309, "worst_return": -0.048466, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.004226, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": 0.01376, "regime_survival": 0.0, "best_return": 0.088874, "worst_return": -0.149764, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.131524, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.081907, "regime_survival": 0.0, "best_return": 0.240792, "worst_return": -0.224491, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-09", "tenure": "New", "return": -0.035735, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.033946, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-10-18", "tenure": "Developing", "return": -0.024054, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-10-25", "end": "2024-11-01", "tenure": "New", "return": -0.014291, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-08", "end": "2024-11-22", "tenure": "New", "return": -0.028933, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-29", "end": "2025-02-14", "tenure": "Developing", "return": 0.053363, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-21", "end": "2025-04-11", "tenure": "Developing", "return": -0.001297, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.072693, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2025-10-10", "tenure": "Established", "return": 0.074591, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-26", "tenure": "Developing", "return": 0.040233, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-03-13", "tenure": "Developing", "return": -0.014013, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.067948, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-06-12", "tenure": "Developing", "return": -0.010635, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-19", "end": "2026-08-07", "tenure": "Developing", "return": 0.051933, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 48.954987, "volume": 20539, "typical_volume": 99440.65, "trend": 50.953082, "fair_value": 52.223296, "relative_strength": -6.493107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.377949, "energy": 39.294451, "activity_lines": [ 50.22816, 50.54156, 50.710012, 50.800994 ] }, { "date": "2023-08-25", "close": 48.401623, "volume": 24847, "typical_volume": 99396.55, "trend": 50.84393, "fair_value": 52.253157, "relative_strength": -8.231065, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -70.896005, "energy": 64.161089, "activity_lines": [ 49.470684, 50.143371, 50.462652, 50.636383 ] }, { "date": "2023-09-01", "close": 49.406844, "volume": 28763, "typical_volume": 97441.75, "trend": 50.754653, "fair_value": 52.295962, "relative_strength": -8.619215, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.279405, "energy": 63.66199, "activity_lines": [ 49.269365, 49.982826, 50.322617, 50.543668 ] }, { "date": "2023-09-08", "close": 48.377142, "volume": 23871, "typical_volume": 95383.4, "trend": 50.655504, "fair_value": 52.333023, "relative_strength": -9.330169, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.143311, "energy": 72.647969, "activity_lines": [ 48.867079, 49.631012, 50.098629, 50.39028 ] }, { "date": "2023-09-15", "close": 48.628851, "volume": 50195, "typical_volume": 94417.35, "trend": 50.545324, "fair_value": 52.366721, "relative_strength": -8.674667, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.192354, "energy": 68.219297, "activity_lines": [ 48.708773, 49.355821, 49.916429, 50.259529 ] }, { "date": "2023-09-22", "close": 48.040155, "volume": 38840, "typical_volume": 91638.5, "trend": 50.458843, "fair_value": 52.410765, "relative_strength": -7.100619, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.093094, "energy": 67.050074, "activity_lines": [ 48.470861, 48.995607, 49.697559, 50.097905 ] }, { "date": "2023-09-29", "close": 47.53485, "volume": 143379, "typical_volume": 97148.75, "trend": 50.293139, "fair_value": 52.443525, "relative_strength": -7.457428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.594675, "energy": 70.183428, "activity_lines": [ 48.125503, 48.616037, 49.453303, 49.90926 ] }, { "date": "2023-10-06", "close": 46.64938, "volume": 74585, "typical_volume": 96885.8, "trend": 50.172688, "fair_value": 52.45762, "relative_strength": -9.599155, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.597864, "energy": 75.050605, "activity_lines": [ 47.542774, 48.151527, 49.142918, 49.674179 ] }, { "date": "2023-10-13", "close": 46.130637, "volume": 31874, "typical_volume": 93461.1, "trend": 50.095341, "fair_value": 52.476341, "relative_strength": -10.951939, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.391305, "energy": 86.278395, "activity_lines": [ 46.970961, 47.681636, 48.80518, 49.413401 ] }, { "date": "2023-10-20", "close": 45.055011, "volume": 51168, "typical_volume": 91261.15, "trend": 49.969048, "fair_value": 52.486906, "relative_strength": -10.851651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.340156, "energy": 91.328212, "activity_lines": [ 46.190373, 47.100679, 48.381589, 49.088219 ] }, { "date": "2023-10-27", "close": 44.273453, "volume": 166316, "typical_volume": 57380.95, "trend": 49.7492, "fair_value": 52.514406, "relative_strength": -10.111523, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.334559, "energy": 93.274781, "activity_lines": [ 45.387522, 46.474407, 47.908846, 48.720761 ] }, { "date": "2023-11-03", "close": 47.670741, "volume": 103348, "typical_volume": 60026.2, "trend": 49.643715, "fair_value": 52.543665, "relative_strength": -8.463652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.490069, "energy": 67.551067, "activity_lines": [ 45.968214, 46.550943, 47.7898, 48.586667 ] }, { "date": "2023-11-10", "close": 47.234801, "volume": 176007, "typical_volume": 67278.15, "trend": 49.472505, "fair_value": 52.557437, "relative_strength": -10.321147, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.287304, "energy": 49.510635, "activity_lines": [ 46.394532, 46.561506, 47.647088, 48.431253 ] }, { "date": "2023-11-17", "close": 49.672876, "volume": 70691, "typical_volume": 62422.35, "trend": 49.390997, "fair_value": 52.580334, "relative_strength": -7.697367, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.536697, "energy": 15.381245, "activity_lines": [ 47.594515, 47.054846, 47.745856, 48.44418 ] }, { "date": "2023-11-24", "close": 50.026828, "volume": 63525, "typical_volume": 61550.15, "trend": 49.301816, "fair_value": 52.599151, "relative_strength": -7.803321, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.488849, "energy": 23.297707, "activity_lines": [ 48.676332, 47.588983, 47.880245, 48.485202 ] }, { "date": "2023-12-01", "close": 50.334215, "volume": 91361, "typical_volume": 64035.95, "trend": 49.219118, "fair_value": 52.610521, "relative_strength": -7.837009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 30.411647, "energy": 39.114173, "activity_lines": [ 49.529157, 48.153591, 48.043018, 48.551808 ] }, { "date": "2023-12-08", "close": 50.390202, "volume": 34488, "typical_volume": 64579.7, "trend": 49.186888, "fair_value": 52.624167, "relative_strength": -7.764876, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 31.105777, "energy": 42.834886, "activity_lines": [ 49.996594, 48.686668, 48.219191, 48.627362 ] }, { "date": "2023-12-15", "close": 52.291052, "volume": 135859, "typical_volume": 69073.75, "trend": 49.220582, "fair_value": 52.637225, "relative_strength": -6.353556, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 45.72377, "energy": 65.349341, "activity_lines": [ 50.91635, 49.513438, 48.58272, 48.82763 ] }, { "date": "2023-12-22", "close": 54.198063, "volume": 273812, "typical_volume": 81441.2, "trend": 49.373386, "fair_value": 52.657508, "relative_strength": -3.662514, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.925545, "energy": 75.891267, "activity_lines": [ 52.134692, 50.584362, 49.124297, 49.148758 ] }, { "date": "2023-12-29", "close": 54.358284, "volume": 75721, "typical_volume": 83959.45, "trend": 49.506522, "fair_value": 52.677028, "relative_strength": -3.54029, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.925765, "energy": 82.378326, "activity_lines": [ 53.104763, 51.537737, 49.664848, 49.470365 ] }, { "date": "2024-01-05", "close": 52.863272, "volume": 84273, "typical_volume": 87146.15, "trend": 49.58183, "fair_value": 52.672138, "relative_strength": -4.465289, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.590984, "energy": 85.669083, "activity_lines": [ 53.287733, 52.05014, 50.044064, 49.686929 ] }, { "date": "2024-01-12", "close": 53.196823, "volume": 38705, "typical_volume": 87839.05, "trend": 49.641063, "fair_value": 52.677844, "relative_strength": -5.351089, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.93335, "energy": 83.031698, "activity_lines": [ 53.413282, 52.467011, 50.436436, 49.920154 ] }, { "date": "2024-01-19", "close": 51.942563, "volume": 81929, "typical_volume": 90497.35, "trend": 49.733012, "fair_value": 52.673676, "relative_strength": -8.327843, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.226982, "energy": 55.798139, "activity_lines": [ 52.933637, 52.55536, 50.686521, 50.068638 ] }, { "date": "2024-01-26", "close": 53.156805, "volume": 31776, "typical_volume": 90892.6, "trend": 49.835763, "fair_value": 52.687583, "relative_strength": -6.83415, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.310906, "energy": 48.949858, "activity_lines": [ 52.881972, 52.778885, 51.040173, 50.289528 ] }, { "date": "2024-02-02", "close": 52.407566, "volume": 52060, "typical_volume": 90985.85, "trend": 49.921362, "fair_value": 52.682037, "relative_strength": -9.104795, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.421277, "energy": 40.510225, "activity_lines": [ 52.649977, 52.802841, 51.299708, 50.455451 ] }, { "date": "2024-02-09", "close": 52.347675, "volume": 39471, "typical_volume": 91017.4, "trend": 49.931999, "fair_value": 52.670432, "relative_strength": -10.103704, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.502772, "energy": 33.984485, "activity_lines": [ 52.528067, 52.772621, 51.535546, 50.611987 ] }, { "date": "2024-02-16", "close": 52.735649, "volume": 23806, "typical_volume": 85038.75, "trend": 49.965925, "fair_value": 52.659426, "relative_strength": -8.770158, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.360849, "energy": 36.411542, "activity_lines": [ 52.569854, 52.776333, 51.787822, 50.792868 ] }, { "date": "2024-02-23", "close": 52.963182, "volume": 19461, "typical_volume": 82282.55, "trend": 50.013336, "fair_value": 52.654055, "relative_strength": -9.499059, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.086377, "energy": 36.092353, "activity_lines": [ 52.718231, 52.778771, 52.037002, 50.986239 ] }, { "date": "2024-03-01", "close": 53.38288, "volume": 27448, "typical_volume": 82061.25, "trend": 50.100156, "fair_value": 52.650229, "relative_strength": -9.250171, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.486886, "energy": 43.594682, "activity_lines": [ 52.938466, 52.845297, 52.296087, 51.203629 ] }, { "date": "2024-03-08", "close": 54.109419, "volume": 41093, "typical_volume": 81557.5, "trend": 50.224528, "fair_value": 52.641201, "relative_strength": -7.400542, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.331984, "energy": 50.097332, "activity_lines": [ 53.385809, 53.058742, 52.589832, 51.462291 ] }, { "date": "2024-03-15", "close": 53.815704, "volume": 133354, "typical_volume": 79909.4, "trend": 50.386552, "fair_value": 52.630816, "relative_strength": -7.531966, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.643762, "energy": 57.547048, "activity_lines": [ 53.62179, 53.223309, 52.812488, 51.69398 ] }, { "date": "2024-03-22", "close": 53.794737, "volume": 63978, "typical_volume": 77940.9, "trend": 50.566322, "fair_value": 52.619341, "relative_strength": -9.249683, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.758569, "energy": 64.107498, "activity_lines": [ 53.752913, 53.366748, 52.987707, 51.913863 ] }, { "date": "2024-03-29", "close": 54.66529, "volume": 69408, "typical_volume": 72610.95, "trend": 50.741604, "fair_value": 52.607031, "relative_strength": -7.772834, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.738813, "energy": 72.411253, "activity_lines": [ 54.103615, 53.657597, 53.216675, 52.178313 ] }, { "date": "2024-04-05", "close": 54.592827, "volume": 76532, "typical_volume": 72903.0, "trend": 50.948793, "fair_value": 52.587884, "relative_strength": -6.742503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.821595, "energy": 69.848904, "activity_lines": [ 54.316689, 53.885767, 53.403358, 52.426779 ] }, { "date": "2024-04-12", "close": 53.48659, "volume": 155054, "typical_volume": 77479.45, "trend": 51.110718, "fair_value": 52.553578, "relative_strength": -6.894022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.543233, "energy": 46.785879, "activity_lines": [ 54.080354, 53.886694, 53.461257, 52.590508 ] }, { "date": "2024-04-19", "close": 52.448149, "volume": 74754, "typical_volume": 76649.1, "trend": 51.257651, "fair_value": 52.512742, "relative_strength": -5.447192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.918739, "energy": 28.759614, "activity_lines": [ 53.539394, 53.679195, 53.403782, 52.676793 ] }, { "date": "2024-04-26", "close": 53.990714, "volume": 148405, "typical_volume": 82344.95, "trend": 51.472846, "fair_value": 52.483908, "relative_strength": -4.810104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.564717, "energy": 25.665425, "activity_lines": [ 53.603792, 53.750335, 53.483151, 52.85312 ] }, { "date": "2024-05-03", "close": 54.938761, "volume": 27508, "typical_volume": 76927.4, "trend": 51.749159, "fair_value": 52.451537, "relative_strength": -3.339357, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 67.405879, "energy": 34.172702, "activity_lines": [ 53.971141, 53.971028, 53.635665, 53.076728 ] }, { "date": "2024-05-10", "close": 56.450951, "volume": 29868, "typical_volume": 64730.2, "trend": 52.093169, "fair_value": 52.433119, "relative_strength": -2.191773, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 81.011123, "energy": 52.4445, "activity_lines": [ 54.824322, 54.430745, 53.919589, 53.380069 ] }, { "date": "2024-05-17", "close": 57.942373, "volume": 98630, "typical_volume": 65875.65, "trend": 52.522748, "fair_value": 52.419616, "relative_strength": -0.985229, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.258898, "energy": 89.896298, "activity_lines": [ 56.050769, 55.105847, 54.334825, 53.757437 ] }, { "date": "2024-05-24", "close": 58.164974, "volume": 38274, "typical_volume": 63575.7, "trend": 52.985799, "fair_value": 52.402382, "relative_strength": -0.430026, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.898605, "energy": 93.669133, "activity_lines": [ 57.054363, 55.751731, 54.754195, 54.121451 ] }, { "date": "2024-05-31", "close": 58.52024, "volume": 31420, "typical_volume": 63211.45, "trend": 53.347449, "fair_value": 52.380431, "relative_strength": 0.719577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.119885, "energy": 93.061575, "activity_lines": [ 57.795259, 56.383132, 55.182153, 54.478512 ] }, { "date": "2024-06-07", "close": 57.259655, "volume": 66102, "typical_volume": 62420.1, "trend": 53.681611, "fair_value": 52.353003, "relative_strength": -2.467719, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.802617, "energy": 87.482379, "activity_lines": [ 57.81399, 56.699417, 55.464705, 54.730913 ] }, { "date": "2024-06-14", "close": 55.506839, "volume": 86528, "typical_volume": 65157.7, "trend": 53.876076, "fair_value": 52.332311, "relative_strength": -6.719819, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.344605, "energy": 55.408192, "activity_lines": [ 57.093724, 56.649838, 55.555004, 54.848669 ] }, { "date": "2024-06-21", "close": 56.140334, "volume": 32515, "typical_volume": 64180.45, "trend": 54.07986, "fair_value": 52.309782, "relative_strength": -6.060232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.014257, "energy": 38.437695, "activity_lines": [ 56.647563, 56.698822, 55.694444, 54.99475 ] }, { "date": "2024-06-28", "close": 55.705236, "volume": 98841, "typical_volume": 67148.95, "trend": 54.258894, "fair_value": 52.281261, "relative_strength": -6.538926, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.774574, "energy": 23.353308, "activity_lines": [ 56.176506, 56.620446, 55.774672, 55.099613 ] }, { "date": "2024-07-05", "close": 57.942982, "volume": 22224, "typical_volume": 67069.85, "trend": 54.510653, "fair_value": 52.265462, "relative_strength": -4.430045, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.439563, "energy": 28.502143, "activity_lines": [ 56.615346, 56.889714, 56.052029, 55.337297 ] }, { "date": "2024-07-12", "close": 58.907398, "volume": 73039, "typical_volume": 69748.75, "trend": 54.731198, "fair_value": 52.261699, "relative_strength": -3.559948, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.213794, "energy": 47.028822, "activity_lines": [ 57.414142, 57.262471, 56.39644, 55.620957 ] }, { "date": "2024-07-19", "close": 58.379237, "volume": 50010, "typical_volume": 70876.85, "trend": 54.87057, "fair_value": 52.248516, "relative_strength": -2.343562, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.19156, "energy": 57.44556, "activity_lines": [ 57.927035, 57.467042, 56.662243, 55.856315 ] }, { "date": "2024-07-26", "close": 58.209447, "volume": 52117, "typical_volume": 71428.05, "trend": 54.998942, "fair_value": 52.225723, "relative_strength": -1.684106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.095306, "energy": 64.405243, "activity_lines": [ 58.191838, 57.605682, 56.888083, 56.071726 ] }, { "date": "2024-08-02", "close": 56.766795, "volume": 41502, "typical_volume": 66835.45, "trend": 55.12906, "fair_value": 52.194642, "relative_strength": -1.893185, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.955067, "energy": 44.968214, "activity_lines": [ 57.837817, 57.477166, 56.957005, 56.185781 ] }, { "date": "2024-08-09", "close": 56.293048, "volume": 48242, "typical_volume": 66048.65, "trend": 55.232267, "fair_value": 52.156062, "relative_strength": -2.572773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.025355, "energy": 24.353686, "activity_lines": [ 57.255109, 57.287935, 56.966754, 56.260877 ] }, { "date": "2024-08-16", "close": 57.801989, "volume": 42544, "typical_volume": 64705.45, "trend": 55.427582, "fair_value": 52.134115, "relative_strength": -3.647358, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.226627, "energy": 21.973328, "activity_lines": [ 57.285377, 57.413552, 57.108316, 56.426666 ] }, { "date": "2024-08-23", "close": 59.764107, "volume": 39497, "typical_volume": 62853.7, "trend": 55.647825, "fair_value": 52.115329, "relative_strength": -1.67094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.449038, "energy": 36.997743, "activity_lines": [ 58.043378, 57.886057, 57.421809, 56.706442 ] }, { "date": "2024-08-30", "close": 59.513163, "volume": 73002, "typical_volume": 58751.1, "trend": 55.884678, "fair_value": 52.087021, "relative_strength": -2.25808, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.343456, "energy": 44.510068, "activity_lines": [ 58.625407, 58.235531, 57.686778, 56.955818 ] }, { "date": "2024-09-06", "close": 56.967439, "volume": 44516, "typical_volume": 57239.2, "trend": 56.03867, "fair_value": 52.053265, "relative_strength": -2.319791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.083784, "energy": 39.692036, "activity_lines": [ 58.271946, 58.060821, 57.680599, 57.025674 ] }, { "date": "2024-09-13", "close": 58.237122, "volume": 79118, "typical_volume": 53774.85, "trend": 56.222053, "fair_value": 52.036528, "relative_strength": -3.866056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.515556, "energy": 39.717809, "activity_lines": [ 58.328337, 58.094014, 57.773822, 57.167509 ] }, { "date": "2024-09-20", "close": 58.653181, "volume": 51871, "typical_volume": 54993.0, "trend": 56.411719, "fair_value": 52.023779, "relative_strength": -4.367155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.475659, "energy": 31.238456, "activity_lines": [ 58.39381, 58.197506, 57.886448, 57.324356 ] }, { "date": "2024-09-27", "close": 60.021074, "volume": 81476, "typical_volume": 57573.4, "trend": 56.632993, "fair_value": 52.031268, "relative_strength": -2.55497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.260095, "energy": 35.699468, "activity_lines": [ 58.8585, 58.554329, 58.111662, 57.557218 ] }, { "date": "2024-10-04", "close": 58.555285, "volume": 32188, "typical_volume": 54251.3, "trend": 56.781188, "fair_value": 52.033663, "relative_strength": -5.05171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.251053, "energy": 32.326588, "activity_lines": [ 58.817463, 58.614792, 58.180277, 57.681237 ] }, { "date": "2024-10-11", "close": 57.839057, "volume": 28793, "typical_volume": 53777.25, "trend": 56.9153, "fair_value": 52.01726, "relative_strength": -7.139022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.819583, "energy": 28.059229, "activity_lines": [ 58.601542, 58.538744, 58.17776, 57.749486 ] }, { "date": "2024-10-18", "close": 58.081629, "volume": 43198, "typical_volume": 54366.15, "trend": 57.058196, "fair_value": 51.993445, "relative_strength": -7.398495, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.528174, "energy": 21.17184, "activity_lines": [ 58.40837, 58.487304, 58.199898, 57.824733 ] }, { "date": "2024-10-25", "close": 56.289837, "volume": 21319, "typical_volume": 52127.0, "trend": 57.112348, "fair_value": 51.964244, "relative_strength": -9.198831, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.500304, "energy": 11.72269, "activity_lines": [ 57.628301, 58.077565, 58.053478, 57.775162 ] }, { "date": "2024-11-01", "close": 55.485377, "volume": 58807, "typical_volume": 50740.95, "trend": 57.142099, "fair_value": 51.924047, "relative_strength": -9.014, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -30.960791, "energy": 32.514016, "activity_lines": [ 56.737635, 57.549054, 57.835061, 57.670196 ] }, { "date": "2024-11-08", "close": 55.446109, "volume": 26176, "typical_volume": 50424.0, "trend": 57.207417, "fair_value": 51.888157, "relative_strength": -12.954761, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.190361, "energy": 52.433732, "activity_lines": [ 56.136259, 57.091198, 57.613006, 57.560777 ] }, { "date": "2024-11-15", "close": 54.305664, "volume": 50964, "typical_volume": 48030.15, "trend": 57.269334, "fair_value": 51.85416, "relative_strength": -12.635174, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.631698, "energy": 69.089607, "activity_lines": [ 55.362013, 56.499935, 57.285643, 57.373567 ] }, { "date": "2024-11-22", "close": 53.841896, "volume": 87804, "typical_volume": 51309.15, "trend": 57.264373, "fair_value": 51.833143, "relative_strength": -14.476141, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.353079, "energy": 83.789754, "activity_lines": [ 54.668737, 55.872746, 56.920776, 57.152442 ] }, { "date": "2024-11-29", "close": 54.616318, "volume": 44879, "typical_volume": 49901.15, "trend": 57.253625, "fair_value": 51.817766, "relative_strength": -13.938994, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.520778, "energy": 77.443796, "activity_lines": [ 54.516251, 55.466274, 56.649192, 56.9816 ] }, { "date": "2024-12-06", "close": 55.246195, "volume": 42872, "typical_volume": 49544.25, "trend": 57.213467, "fair_value": 51.7984, "relative_strength": -13.382147, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.475792, "energy": 71.532073, "activity_lines": [ 54.685291, 55.247724, 56.458031, 56.852089 ] }, { "date": "2024-12-13", "close": 55.011815, "volume": 49653, "typical_volume": 49421.05, "trend": 57.115781, "fair_value": 51.782881, "relative_strength": -12.893747, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.509099, "energy": 54.515905, "activity_lines": [ 54.792151, 55.073374, 56.259467, 56.710047 ] }, { "date": "2024-12-20", "close": 53.288106, "volume": 48725, "typical_volume": 49782.2, "trend": 56.953219, "fair_value": 51.741461, "relative_strength": -13.63699, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.793014, "energy": 54.155353, "activity_lines": [ 54.353394, 54.65005, 55.911967, 56.4631 ] }, { "date": "2024-12-27", "close": 54.003302, "volume": 72213, "typical_volume": 50980.75, "trend": 56.802655, "fair_value": 51.69806, "relative_strength": -12.642174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.461023, "energy": 49.745431, "activity_lines": [ 54.220872, 54.439506, 55.649146, 56.272782 ] }, { "date": "2025-01-03", "close": 54.060857, "volume": 72655, "typical_volume": 52486.3, "trend": 56.696028, "fair_value": 51.654871, "relative_strength": -11.719601, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.532295, "energy": 56.360549, "activity_lines": [ 54.096776, 54.313578, 55.402711, 56.095892 ] }, { "date": "2025-01-10", "close": 52.382658, "volume": 48569, "typical_volume": 52939.9, "trend": 56.591889, "fair_value": 51.603956, "relative_strength": -12.400224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.448768, "energy": 75.901649, "activity_lines": [ 53.45031, 53.923049, 55.014261, 55.81761 ] }, { "date": "2025-01-17", "close": 53.536193, "volume": 88259, "typical_volume": 53702.75, "trend": 56.505084, "fair_value": 51.576227, "relative_strength": -12.714468, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.72331, "energy": 55.042774, "activity_lines": [ 53.379259, 53.798668, 54.770822, 55.620469 ] }, { "date": "2025-01-24", "close": 54.86519, "volume": 49672, "typical_volume": 53960.55, "trend": 56.477082, "fair_value": 51.565852, "relative_strength": -11.742107, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.457991, "energy": 43.226033, "activity_lines": [ 53.849581, 53.950648, 54.682416, 55.514669 ] }, { "date": "2025-01-31", "close": 55.516316, "volume": 42643, "typical_volume": 52136.8, "trend": 56.396193, "fair_value": 51.550868, "relative_strength": -9.524711, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.65489, "energy": 27.565237, "activity_lines": [ 54.431806, 54.210841, 54.666032, 55.452684 ] }, { "date": "2025-02-07", "close": 55.532458, "volume": 42582, "typical_volume": 51672.35, "trend": 56.283695, "fair_value": 51.537033, "relative_strength": -9.11141, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.96462, "energy": 21.229421, "activity_lines": [ 54.918545, 54.443525, 54.664142, 55.396959 ] }, { "date": "2025-02-14", "close": 57.530824, "volume": 31069, "typical_volume": 49152.0, "trend": 56.255415, "fair_value": 51.54223, "relative_strength": -6.998816, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 17.218379, "energy": 28.943223, "activity_lines": [ 55.973298, 55.022891, 54.867433, 55.477419 ] }, { "date": "2025-02-21", "close": 57.219636, "volume": 36781, "typical_volume": 49381.65, "trend": 56.222421, "fair_value": 51.556725, "relative_strength": -5.814095, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.031852, "energy": 39.924597, "activity_lines": [ 56.581111, 55.504139, 55.052946, 55.539627 ] }, { "date": "2025-02-28", "close": 56.340993, "volume": 17239, "typical_volume": 48803.95, "trend": 56.208228, "fair_value": 51.599626, "relative_strength": -6.17242, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.697408, "energy": 39.529269, "activity_lines": [ 56.650481, 55.785492, 55.161138, 55.547277 ] }, { "date": "2025-03-07", "close": 59.242836, "volume": 66539, "typical_volume": 49971.0, "trend": 56.306554, "fair_value": 51.652083, "relative_strength": 1.87025, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.83925, "energy": 64.818559, "activity_lines": [ 57.588744, 56.538945, 55.552831, 55.743058 ] }, { "date": "2025-03-14", "close": 59.235004, "volume": 40677, "typical_volume": 50938.9, "trend": 56.354321, "fair_value": 51.679184, "relative_strength": 4.255764, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.26106, "energy": 66.99663, "activity_lines": [ 58.275963, 57.19571, 55.938247, 55.93199 ] }, { "date": "2025-03-21", "close": 59.368057, "volume": 66982, "typical_volume": 51347.65, "trend": 56.34112, "fair_value": 51.708393, "relative_strength": 3.945925, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.2772, "energy": 67.935898, "activity_lines": [ 58.760695, 57.782592, 56.322311, 56.126425 ] }, { "date": "2025-03-28", "close": 59.237335, "volume": 56583, "typical_volume": 52868.0, "trend": 56.331925, "fair_value": 51.732478, "relative_strength": 5.254591, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.555642, "energy": 69.413633, "activity_lines": [ 59.079372, 58.218698, 56.675436, 56.313277 ] }, { "date": "2025-04-04", "close": 53.984662, "volume": 87642, "typical_volume": 54701.9, "trend": 56.2325, "fair_value": 51.729852, "relative_strength": 5.481534, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -3.899212, "energy": 16.357781, "activity_lines": [ 57.512644, 57.596115, 56.510253, 56.161841 ] }, { "date": "2025-04-11", "close": 57.145413, "volume": 41543, "typical_volume": 52388.85, "trend": 56.196109, "fair_value": 51.748536, "relative_strength": 5.644036, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 38.262751, "energy": 19.532075, "activity_lines": [ 57.156589, 57.564225, 56.647623, 56.220739 ] }, { "date": "2025-04-18", "close": 59.036456, "volume": 44878, "typical_volume": 52388.8, "trend": 56.208885, "fair_value": 51.782273, "relative_strength": 10.598654, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.205145, "energy": 23.977224, "activity_lines": [ 57.57071, 57.84654, 56.949361, 56.403987 ] }, { "date": "2025-04-25", "close": 61.292533, "volume": 42393, "typical_volume": 52364.85, "trend": 56.251267, "fair_value": 51.844816, "relative_strength": 9.694756, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.383169, "energy": 36.461388, "activity_lines": [ 58.750092, 58.475342, 57.444915, 56.731964 ] }, { "date": "2025-05-02", "close": 63.327978, "volume": 55331, "typical_volume": 52648.75, "trend": 56.410357, "fair_value": 51.92982, "relative_strength": 10.05305, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 82.703476, "energy": 76.696826, "activity_lines": [ 60.479659, 59.40583, 58.105529, 57.188526 ] }, { "date": "2025-05-09", "close": 63.525405, "volume": 68765, "typical_volume": 53650.75, "trend": 56.599902, "fair_value": 52.020809, "relative_strength": 10.810658, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.109591, "energy": 85.856434, "activity_lines": [ 62.002324, 60.261154, 58.745344, 57.647562 ] }, { "date": "2025-05-16", "close": 64.888698, "volume": 43849, "typical_volume": 52232.55, "trend": 56.826804, "fair_value": 52.111879, "relative_strength": 7.533781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.215916, "energy": 92.00186, "activity_lines": [ 63.343371, 61.233723, 59.466248, 58.182323 ] }, { "date": "2025-05-23", "close": 65.712253, "volume": 47250, "typical_volume": 50962.3, "trend": 57.140885, "fair_value": 52.194287, "relative_strength": 11.689321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.259159, "energy": 92.134272, "activity_lines": [ 64.442717, 62.253377, 60.213751, 58.755577 ] }, { "date": "2025-05-30", "close": 66.147954, "volume": 56545, "typical_volume": 51361.1, "trend": 57.496304, "fair_value": 52.280012, "relative_strength": 10.471896, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.44561, "energy": 90.960086, "activity_lines": [ 65.242244, 63.234482, 60.947266, 59.336679 ] }, { "date": "2025-06-06", "close": 66.97477, "volume": 32725, "typical_volume": 48584.4, "trend": 57.880592, "fair_value": 52.388674, "relative_strength": 9.965955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.25647, "energy": 91.599533, "activity_lines": [ 65.993682, 64.242646, 61.693977, 59.948193 ] }, { "date": "2025-06-13", "close": 67.167403, "volume": 28060, "typical_volume": 47503.8, "trend": 58.309317, "fair_value": 52.515383, "relative_strength": 10.490559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.306579, "energy": 88.708236, "activity_lines": [ 66.566211, 65.145153, 62.39504, 60.547342 ] }, { "date": "2025-06-20", "close": 65.681187, "volume": 54173, "typical_volume": 48080.3, "trend": 58.70396, "fair_value": 52.628344, "relative_strength": 8.094596, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.154783, "energy": 69.732562, "activity_lines": [ 66.400535, 65.537753, 62.895977, 61.022946 ] }, { "date": "2025-06-27", "close": 68.531631, "volume": 103037, "typical_volume": 51103.05, "trend": 59.167804, "fair_value": 52.768375, "relative_strength": 8.841697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.396951, "energy": 69.733648, "activity_lines": [ 67.132174, 66.29342, 63.619981, 61.656989 ] }, { "date": "2025-07-04", "close": 68.901583, "volume": 66914, "typical_volume": 52895.3, "trend": 59.622984, "fair_value": 52.916262, "relative_strength": 7.51494, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.88498, "energy": 70.324962, "activity_lines": [ 67.799172, 66.943711, 64.317317, 62.284975 ] }, { "date": "2025-07-11", "close": 69.148872, "volume": 36878, "typical_volume": 52900.15, "trend": 60.094219, "fair_value": 53.070947, "relative_strength": 8.109507, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.739329, "energy": 83.777595, "activity_lines": [ 68.365024, 67.500618, 64.984058, 62.899549 ] }, { "date": "2025-07-18", "close": 68.439363, "volume": 41939, "typical_volume": 54135.15, "trend": 60.599261, "fair_value": 53.207888, "relative_strength": 6.297322, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.6674, "energy": 85.594593, "activity_lines": [ 68.549433, 67.822688, 65.526421, 63.437945 ] }, { "date": "2025-07-25", "close": 69.479113, "volume": 53919, "typical_volume": 53504.15, "trend": 61.115121, "fair_value": 53.338353, "relative_strength": 6.283567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.261212, "energy": 88.927587, "activity_lines": [ 68.995629, 68.244459, 66.110197, 64.010839 ] }, { "date": "2025-08-01", "close": 67.581599, "volume": 136304, "typical_volume": 58285.5, "trend": 61.565812, "fair_value": 53.461378, "relative_strength": 5.921382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.43542, "energy": 64.30924, "activity_lines": [ 68.556124, 68.237766, 66.464512, 64.428031 ] }, { "date": "2025-08-08", "close": 69.208782, "volume": 10234, "typical_volume": 55448.1, "trend": 62.126683, "fair_value": 53.587483, "relative_strength": 5.806357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.580676, "energy": 64.334247, "activity_lines": [ 68.72235, 68.492936, 66.934052, 64.921126 ] }, { "date": "2025-08-15", "close": 69.06994, "volume": 15217, "typical_volume": 53379.8, "trend": 62.644475, "fair_value": 53.727163, "relative_strength": 4.532077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.856962, "energy": 62.543408, "activity_lines": [ 68.821814, 68.66721, 67.343509, 65.369078 ] }, { "date": "2025-08-22", "close": 70.658981, "volume": 21108, "typical_volume": 50053.1, "trend": 63.170935, "fair_value": 53.890551, "relative_strength": 6.589995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.350398, "energy": 66.712327, "activity_lines": [ 69.456221, 69.092307, 67.85748, 65.886143 ] }, { "date": "2025-08-29", "close": 69.091021, "volume": 28856, "typical_volume": 49418.75, "trend": 63.623425, "fair_value": 54.056597, "relative_strength": 4.262459, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.483722, "energy": 58.365309, "activity_lines": [ 69.420001, 69.168837, 68.142721, 66.268084 ] }, { "date": "2025-09-05", "close": 68.669885, "volume": 91915, "typical_volume": 51770.6, "trend": 64.061339, "fair_value": 54.208701, "relative_strength": 3.28865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.886085, "energy": 51.093506, "activity_lines": [ 69.269274, 69.1068, 68.330969, 66.593662 ] }, { "date": "2025-09-12", "close": 70.007519, "volume": 22420, "typical_volume": 50771.95, "trend": 64.477229, "fair_value": 54.379371, "relative_strength": 3.641001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.818057, "energy": 52.4848, "activity_lines": [ 69.491873, 69.285456, 68.600738, 66.977286 ] }, { "date": "2025-09-19", "close": 69.501469, "volume": 20679, "typical_volume": 49039.35, "trend": 64.886623, "fair_value": 54.571193, "relative_strength": 1.631533, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.430117, "energy": 44.352289, "activity_lines": [ 69.49254, 69.351994, 68.780811, 67.301431 ] }, { "date": "2025-09-26", "close": 68.856128, "volume": 69212, "typical_volume": 49061.7, "trend": 65.303794, "fair_value": 54.763767, "relative_strength": 1.016491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.643565, "energy": 35.631304, "activity_lines": [ 69.249324, 69.294787, 68.870026, 67.557528 ] }, { "date": "2025-10-03", "close": 69.946079, "volume": 20109, "typical_volume": 47874.7, "trend": 65.660569, "fair_value": 54.960729, "relative_strength": 1.461726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.495565, "energy": 42.965805, "activity_lines": [ 69.489616, 69.428175, 69.037662, 67.85703 ] }, { "date": "2025-10-10", "close": 68.263817, "volume": 46360, "typical_volume": 47830.2, "trend": 65.96153, "fair_value": 55.147801, "relative_strength": 1.409603, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.459248, "energy": 26.24038, "activity_lines": [ 69.112149, 69.247208, 69.020999, 68.024982 ] }, { "date": "2025-10-17", "close": 68.728979, "volume": 27523, "typical_volume": 46379.1, "trend": 66.27356, "fair_value": 55.327845, "relative_strength": 0.299271, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.503112, "energy": 19.96816, "activity_lines": [ 68.916808, 69.138411, 69.036487, 68.203527 ] }, { "date": "2025-10-24", "close": 69.844004, "volume": 286918, "typical_volume": 59088.75, "trend": 66.627116, "fair_value": 55.503323, "relative_strength": -0.097244, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.410322, "energy": 26.256754, "activity_lines": [ 69.178378, 69.241069, 69.145877, 68.433878 ] }, { "date": "2025-10-31", "close": 68.182868, "volume": 101765, "typical_volume": 62774.0, "trend": 67.100389, "fair_value": 55.664383, "relative_strength": -3.190347, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 14.65518, "energy": 9.860544, "activity_lines": [ 68.8634, 69.027629, 69.083401, 68.534249 ] }, { "date": "2025-11-07", "close": 67.120559, "volume": 27108, "typical_volume": 61420.75, "trend": 67.432894, "fair_value": 55.790449, "relative_strength": -3.235645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.748793, "energy": 10.429458, "activity_lines": [ 68.239204, 68.666062, 68.914917, 68.53555 ] }, { "date": "2025-11-14", "close": 67.135761, "volume": 39471, "typical_volume": 58242.45, "trend": 67.702871, "fair_value": 55.924477, "relative_strength": -3.461211, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.062147, "energy": 15.909888, "activity_lines": [ 67.808442, 68.343086, 68.741027, 68.51638 ] }, { "date": "2025-11-21", "close": 66.218864, "volume": 32873, "typical_volume": 56540.4, "trend": 67.867082, "fair_value": 56.043154, "relative_strength": -3.07738, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.606129, "energy": 48.706795, "activity_lines": [ 67.147252, 67.881294, 68.48646, 68.420638 ] }, { "date": "2025-11-28", "close": 69.235799, "volume": 27035, "typical_volume": 56048.25, "trend": 68.06401, "fair_value": 56.176534, "relative_strength": -2.447103, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -5.10327, "energy": 24.815222, "activity_lines": [ 67.659048, 68.036921, 68.531995, 68.508942 ] }, { "date": "2025-12-05", "close": 69.706884, "volume": 41850, "typical_volume": 56043.8, "trend": 68.270059, "fair_value": 56.320003, "relative_strength": -2.287668, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.843014, "energy": 16.19622, "activity_lines": [ 68.368419, 68.28303, 68.621981, 68.614934 ] }, { "date": "2025-12-12", "close": 69.685067, "volume": 27350, "typical_volume": 54715.35, "trend": 68.429938, "fair_value": 56.4693, "relative_strength": -1.937576, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.0437, "energy": 20.558293, "activity_lines": [ 68.968917, 68.509703, 68.703854, 68.706225 ] }, { "date": "2025-12-19", "close": 70.093169, "volume": 53778, "typical_volume": 50589.05, "trend": 68.575968, "fair_value": 56.616973, "relative_strength": -1.695482, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.745436, "energy": 37.663665, "activity_lines": [ 69.534482, 68.815323, 68.823613, 68.81353 ] }, { "date": "2025-12-26", "close": 71.494182, "volume": 60683, "typical_volume": 53111.5, "trend": 68.754176, "fair_value": 56.7721, "relative_strength": -1.355115, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 74.572692, "energy": 65.723952, "activity_lines": [ 70.36989, 69.342412, 69.064842, 69.001802 ] }, { "date": "2026-01-02", "close": 72.003363, "volume": 65340, "typical_volume": 55617.65, "trend": 68.921796, "fair_value": 56.917889, "relative_strength": 0.147276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.594702, "energy": 77.434993, "activity_lines": [ 71.023338, 69.911802, 69.343681, 69.211427 ] }, { "date": "2026-01-09", "close": 73.060711, "volume": 35355, "typical_volume": 56330.0, "trend": 69.118239, "fair_value": 57.059984, "relative_strength": -0.232608, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.0976, "energy": 84.992603, "activity_lines": [ 71.844731, 70.634176, 69.709252, 69.478454 ] }, { "date": "2026-01-16", "close": 73.478532, "volume": 40326, "typical_volume": 56903.5, "trend": 69.378151, "fair_value": 57.202319, "relative_strength": 0.402122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.61678, "energy": 87.959591, "activity_lines": [ 72.581808, 71.34383, 70.103178, 69.759763 ] }, { "date": "2026-01-23", "close": 74.914717, "volume": 28889, "typical_volume": 53752.2, "trend": 69.59092, "fair_value": 57.351285, "relative_strength": 2.401733, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.732959, "energy": 92.41503, "activity_lines": [ 73.544717, 72.199009, 70.612991, 70.116961 ] }, { "date": "2026-01-30", "close": 74.727997, "volume": 51142, "typical_volume": 55188.3, "trend": 69.785134, "fair_value": 57.496431, "relative_strength": 1.472414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.155869, "energy": 90.684265, "activity_lines": [ 74.123949, 72.878803, 71.075284, 70.448385 ] }, { "date": "2026-02-06", "close": 75.307748, "volume": 41182, "typical_volume": 56213.45, "trend": 69.99043, "fair_value": 57.649996, "relative_strength": 2.172903, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.636641, "energy": 90.426707, "activity_lines": [ 74.680844, 73.509295, 71.570312, 70.804683 ] }, { "date": "2026-02-13", "close": 76.161183, "volume": 29744, "typical_volume": 54240.05, "trend": 70.247824, "fair_value": 57.805297, "relative_strength": 4.369582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.747732, "energy": 90.756807, "activity_lines": [ 75.301924, 74.184558, 72.118972, 71.202796 ] }, { "date": "2026-02-20", "close": 77.276905, "volume": 28590, "typical_volume": 54664.1, "trend": 70.50775, "fair_value": 57.976081, "relative_strength": 4.426268, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.616583, "energy": 91.509785, "activity_lines": [ 76.088214, 74.945329, 72.739104, 71.656285 ] }, { "date": "2026-02-27", "close": 77.641749, "volume": 35196, "typical_volume": 54105.9, "trend": 70.843089, "fair_value": 58.137208, "relative_strength": 5.120537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.517585, "energy": 92.332926, "activity_lines": [ 76.742894, 75.634401, 73.359075, 72.116543 ] }, { "date": "2026-03-06", "close": 74.099666, "volume": 60027, "typical_volume": 55731.1, "trend": 71.006118, "fair_value": 58.290007, "relative_strength": 2.243556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.434627, "energy": 63.640538, "activity_lines": [ 76.035077, 75.542212, 73.597048, 72.326645 ] }, { "date": "2026-03-13", "close": 70.994396, "volume": 65148, "typical_volume": 44642.6, "trend": 71.070267, "fair_value": 58.434516, "relative_strength": -0.561399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.046546, "energy": 30.957344, "activity_lines": [ 74.334059, 74.838055, 73.513706, 72.325889 ] }, { "date": "2026-03-20", "close": 69.525225, "volume": 31033, "typical_volume": 41106.0, "trend": 71.032475, "fair_value": 58.567089, "relative_strength": -0.846714, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.54874, "energy": 19.947454, "activity_lines": [ 72.430874, 73.885121, 73.284965, 72.226208 ] }, { "date": "2026-03-27", "close": 69.06, "volume": 30773, "typical_volume": 41289.25, "trend": 71.031441, "fair_value": 58.683699, "relative_strength": 0.719523, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -34.477932, "energy": 42.453229, "activity_lines": [ 70.815011, 72.911883, 73.005524, 72.098952 ] }, { "date": "2026-04-03", "close": 72.1862, "volume": 18226, "typical_volume": 40227.0, "trend": 71.148651, "fair_value": 58.820564, "relative_strength": 1.752786, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.896482, "energy": 35.347266, "activity_lines": [ 70.789009, 72.587381, 73.014582, 72.173453 ] }, { "date": "2026-04-10", "close": 75.6452, "volume": 45354, "typical_volume": 40851.05, "trend": 71.336574, "fair_value": 58.969757, "relative_strength": 2.863981, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.718792, "energy": 23.926637, "activity_lines": [ 72.27971, 72.941398, 73.329018, 72.463553 ] }, { "date": "2026-04-17", "close": 77.549, "volume": 18793, "typical_volume": 40438.95, "trend": 71.604825, "fair_value": 59.132775, "relative_strength": 0.972906, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.83849, "energy": 31.663831, "activity_lines": [ 74.301975, 73.624884, 73.779882, 72.864354 ] }, { "date": "2026-04-24", "close": 74.13227, "volume": 39123, "typical_volume": 40302.6, "trend": 71.780696, "fair_value": 59.270147, "relative_strength": -3.839951, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.944835, "energy": 34.196281, "activity_lines": [ 74.748357, 73.646397, 73.865755, 73.027415 ] }, { "date": "2026-05-01", "close": 74.249301, "volume": 18913, "typical_volume": 39880.75, "trend": 71.924137, "fair_value": 59.407545, "relative_strength": -4.414891, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.799629, "energy": 35.907855, "activity_lines": [ 74.926612, 73.726077, 73.941702, 73.18668 ] }, { "date": "2026-05-08", "close": 75.834886, "volume": 60781, "typical_volume": 40230.9, "trend": 72.176506, "fair_value": 59.564454, "relative_strength": -4.431362, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.498983, "energy": 47.959698, "activity_lines": [ 75.287443, 74.149092, 74.146922, 73.438986 ] }, { "date": "2026-05-15", "close": 73.721294, "volume": 15912, "typical_volume": 37992.35, "trend": 72.342917, "fair_value": 59.708307, "relative_strength": -7.11175, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.109386, "energy": 24.558762, "activity_lines": [ 74.700497, 74.22067, 74.123506, 73.53865 ] }, { "date": "2026-05-22", "close": 74.690024, "volume": 27637, "typical_volume": 36107.2, "trend": 72.504451, "fair_value": 59.869051, "relative_strength": -6.463095, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.426035, "energy": 22.895603, "activity_lines": [ 74.564722, 74.47526, 74.181745, 73.690076 ] }, { "date": "2026-05-29", "close": 75.60151, "volume": 19360, "typical_volume": 35307.45, "trend": 72.751739, "fair_value": 60.030829, "relative_strength": -6.450171, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.54508, "energy": 26.851103, "activity_lines": [ 74.923373, 74.828382, 74.313998, 73.889887 ] }, { "date": "2026-06-05", "close": 73.069701, "volume": 30597, "typical_volume": 34821.0, "trend": 72.950043, "fair_value": 60.17484, "relative_strength": -7.028157, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.329114, "energy": 11.12565, "activity_lines": [ 74.340139, 74.610697, 74.193027, 73.9104 ] }, { "date": "2026-06-12", "close": 75.028394, "volume": 14522, "typical_volume": 34102.65, "trend": 73.213131, "fair_value": 60.326177, "relative_strength": -4.859346, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.01195, "energy": 17.737144, "activity_lines": [ 74.488443, 74.676235, 74.260546, 74.044487 ] }, { "date": "2026-06-19", "close": 73.024396, "volume": 14499, "typical_volume": 32270.5, "trend": 73.439982, "fair_value": 60.478999, "relative_strength": -8.021648, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.654735, "energy": 8.986814, "activity_lines": [ 74.022514, 74.325732, 74.136666, 74.032311 ] }, { "date": "2026-06-26", "close": 71.19, "volume": 64830, "typical_volume": 33452.9, "trend": 73.505122, "fair_value": 60.614356, "relative_strength": -7.898553, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -32.131739, "energy": 23.831543, "activity_lines": [ 72.991579, 73.689355, 73.846195, 73.887151 ] }, { "date": "2026-07-03", "close": 73.267, "volume": 25301, "typical_volume": 33230.75, "trend": 73.623793, "fair_value": 60.764532, "relative_strength": -7.001335, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.65332, "energy": 24.51747, "activity_lines": [ 72.886312, 73.546232, 73.773141, 73.871788 ] }, { "date": "2026-07-10", "close": 73.425, "volume": 65925, "typical_volume": 35097.5, "trend": 73.748457, "fair_value": 60.901688, "relative_strength": -7.807375, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.051173, "energy": 27.265537, "activity_lines": [ 72.989346, 73.447568, 73.728917, 73.858963 ] }, { "date": "2026-07-17", "close": 74.1919, "volume": 24353, "typical_volume": 34555.35, "trend": 73.885082, "fair_value": 61.045753, "relative_strength": -5.202664, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.265594, "energy": 19.139484, "activity_lines": [ 73.324326, 73.503328, 73.776073, 73.887572 ] }, { "date": "2026-07-24", "close": 74.3073, "volume": 13593, "typical_volume": 32233.65, "trend": 73.978852, "fair_value": 61.191691, "relative_strength": -4.325502, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -22.854615, "energy": 11.983044, "activity_lines": [ 73.75354, 73.609942, 73.850647, 73.914812 ] }, { "date": "2026-07-31", "close": 75.47, "volume": 14939, "typical_volume": 29723.2, "trend": 74.094407, "fair_value": 61.349972, "relative_strength": -3.725747, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.603316, "energy": 17.874594, "activity_lines": [ 74.484793, 73.917301, 74.034966, 74.011015 ] }, { "date": "2026-08-07", "close": 76.8168, "volume": 24177, "typical_volume": 29380.4, "trend": 74.21961, "fair_value": 61.51945, "relative_strength": -5.149608, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 43.708076, "energy": 45.661311, "activity_lines": [ 75.379647, 74.455352, 74.32624, 74.186653 ] } ], "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." } } }