{ "ticker": { "uuid": "561964ae-d730-4e82-8823-48cbc86599cd", "symbol": "ESNT", "name": "Essent Group Ltd", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 68.254, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 79.87, "architecture_energy": 79.51, "architecture_maturity": 15.801, "architecture_confidence": 70.216, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 15.64, "rotation_up": 81.52, "upward_expansion": 95.11, "deceleration": 39.53, "rotation_down": 9.69, "downward_expansion": 17.11 }, "activity_lines": [ 66.831333, 65.269273, 63.099133, 62.096533 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 68.72, "trend_reference": 61.220042, "distance_from_trend": 0.122508, "trend_direction": "Improving", "fair_value": 56.189872, "distance_from_fair_value": 0.222996, "fair_value_direction": "Improving", "relative_strength": -0.477072, "relative_strength_direction": "Improving", "price_momentum": 0.065579, "excess_performance": -0.060045, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.122508, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.004698, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.222996, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.07578, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.004771, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.068315, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.065579, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.692769, "read": "Demand-led" } ], "volume": { "latest": 2780962, "relative_activity": 0.802125, "balance": 1.692769, "dry_up": 0.736332, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.046359, "annualized_volatility": 0.244145, "from_high_reference": -0.018286, "from_low_reference": 0.241778 }, "levels": { "trend_reference": 61.220042, "fair_value_reference": 56.189872, "structural_low": 55.34, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.01245, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.004692, "regime_survival": 0.68, "best_return": 0.110792, "worst_return": -0.127958, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.007298, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.027483, "regime_survival": 0.6, "best_return": 0.216412, "worst_return": -0.157407, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.047428, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.091459, "regime_survival": 0.5, "best_return": 0.251251, "worst_return": -0.107073, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.152532, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.061494, "regime_survival": 0.333333, "best_return": 0.249496, "worst_return": 0.077805, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-01", "end": "2024-12-20", "tenure": "Developing", "return": -0.004621, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": 0.082316, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-14", "end": "2025-05-16", "tenure": "Established", "return": 0.066636, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2025-07-25", "tenure": "Developing", "return": -0.010364, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-01", "end": "2025-08-15", "tenure": "New", "return": 0.09448, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2025-10-10", "tenure": "Developing", "return": -0.068975, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-12-12", "tenure": "Developing", "return": 0.087187, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-01-23", "tenure": "Developing", "return": -0.080893, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-30", "end": "2026-03-06", "tenure": "Developing", "return": -0.060553, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-04-17", "tenure": "Developing", "return": 0.06817, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-06-05", "tenure": "Developing", "return": -0.091563, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-12", "end": "2026-07-03", "tenure": "New", "return": 0.110826, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-10", "end": "2026-07-17", "tenure": "New", "return": 0.036513, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.045171, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 47.299173, "volume": 1818355, "typical_volume": 2064443.8, "trend": 41.589531, "fair_value": 39.513424, "relative_strength": 12.39762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.045488, "energy": 82.883072, "activity_lines": [ 48.110983, 46.773855, 44.829165, 43.242837 ] }, { "date": "2023-08-25", "close": 47.51528, "volume": 1461333, "typical_volume": 2061586.85, "trend": 41.843819, "fair_value": 39.612733, "relative_strength": 11.71464, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.096357, "energy": 67.79216, "activity_lines": [ 48.014518, 47.132609, 45.253278, 43.625143 ] }, { "date": "2023-09-01", "close": 47.931227, "volume": 1767607, "typical_volume": 2063378.75, "trend": 42.073895, "fair_value": 39.706018, "relative_strength": 9.60143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.205772, "energy": 57.411239, "activity_lines": [ 47.970885, 47.474739, 45.667725, 44.01788 ] }, { "date": "2023-09-08", "close": 46.8642, "volume": 1826266, "typical_volume": 2087194.25, "trend": 42.325673, "fair_value": 39.792806, "relative_strength": 8.282909, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.373062, "energy": 43.452228, "activity_lines": [ 47.491857, 47.510237, 45.937789, 44.326931 ] }, { "date": "2023-09-15", "close": 46.571476, "volume": 2755311, "typical_volume": 2139166.25, "trend": 42.531475, "fair_value": 39.878575, "relative_strength": 7.523638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.475013, "energy": 37.257563, "activity_lines": [ 47.09584, 47.439946, 46.142961, 44.600854 ] }, { "date": "2023-09-22", "close": 45.693303, "volume": 2182903, "typical_volume": 2128425.8, "trend": 42.726887, "fair_value": 39.967235, "relative_strength": 8.363415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.242995, "energy": 26.648159, "activity_lines": [ 46.581517, 47.150271, 46.231681, 44.804843 ] }, { "date": "2023-09-29", "close": 44.654605, "volume": 1945967, "typical_volume": 2139178.8, "trend": 42.862292, "fair_value": 40.026536, "relative_strength": 6.359501, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.384405, "energy": 22.916206, "activity_lines": [ 45.828019, 46.658402, 46.19351, 44.929212 ] }, { "date": "2023-10-06", "close": 44.890672, "volume": 2871961, "typical_volume": 2172812.1, "trend": 43.118201, "fair_value": 40.069853, "relative_strength": 6.172041, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.364335, "energy": 21.741013, "activity_lines": [ 45.343923, 46.238062, 46.157736, 45.060075 ] }, { "date": "2023-10-13", "close": 45.192839, "volume": 1666547, "typical_volume": 2156965.85, "trend": 43.47917, "fair_value": 40.116137, "relative_strength": 6.162406, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.796556, "energy": 18.681734, "activity_lines": [ 45.163252, 45.906202, 46.135982, 45.193923 ] }, { "date": "2023-10-20", "close": 44.314667, "volume": 2385025, "typical_volume": 2177238.95, "trend": 43.742973, "fair_value": 40.151302, "relative_strength": 6.346834, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.015042, "energy": 17.902129, "activity_lines": [ 44.801281, 45.494314, 46.013996, 45.247826 ] }, { "date": "2023-10-27", "close": 43.464822, "volume": 2295377, "typical_volume": 2190385.35, "trend": 43.944502, "fair_value": 40.202061, "relative_strength": 6.747068, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.100303, "energy": 21.901142, "activity_lines": [ 44.306483, 45.016509, 45.806671, 45.229881 ] }, { "date": "2023-11-03", "close": 46.325965, "volume": 2963913, "typical_volume": 2182648.9, "trend": 44.249811, "fair_value": 40.264471, "relative_strength": 7.230039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.385635, "energy": 14.430715, "activity_lines": [ 44.913964, 45.128629, 45.873361, 45.383523 ] }, { "date": "2023-11-10", "close": 45.721631, "volume": 1602394, "typical_volume": 2148933.85, "trend": 44.475491, "fair_value": 40.31363, "relative_strength": 4.162394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.360203, "energy": 12.642405, "activity_lines": [ 45.208577, 45.152493, 45.863998, 45.47848 ] }, { "date": "2023-11-17", "close": 45.693303, "volume": 2233271, "typical_volume": 2145301.55, "trend": 44.695556, "fair_value": 40.349112, "relative_strength": 1.541697, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.032587, "energy": 13.069422, "activity_lines": [ 45.43835, 45.211381, 45.832961, 45.557048 ] }, { "date": "2023-11-24", "close": 45.702746, "volume": 1242210, "typical_volume": 2122636.4, "trend": 44.896315, "fair_value": 40.382826, "relative_strength": 0.396911, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.130375, "energy": 20.077706, "activity_lines": [ 45.637906, 45.293275, 45.794632, 45.622028 ] }, { "date": "2023-12-01", "close": 46.556058, "volume": 2043664, "typical_volume": 2132015.8, "trend": 45.120846, "fair_value": 40.417907, "relative_strength": 1.237672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.810135, "energy": 23.2598, "activity_lines": [ 46.029361, 45.546112, 45.826067, 45.729108 ] }, { "date": "2023-12-08", "close": 46.945211, "volume": 2005192, "typical_volume": 2105180.0, "trend": 45.337794, "fair_value": 40.470518, "relative_strength": 1.616017, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 45.468437, "energy": 27.276227, "activity_lines": [ 46.344451, 45.854018, 45.886963, 45.846809 ] }, { "date": "2023-12-15", "close": 48.311995, "volume": 3756387, "typical_volume": 2190508.4, "trend": 45.555143, "fair_value": 40.527817, "relative_strength": 1.920566, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 65.943432, "energy": 47.955634, "activity_lines": [ 47.073853, 46.368782, 46.074613, 46.038693 ] }, { "date": "2023-12-22", "close": 50.495051, "volume": 2506896, "typical_volume": 2154916.45, "trend": 45.848064, "fair_value": 40.599511, "relative_strength": 5.340872, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.952783, "energy": 73.566038, "activity_lines": [ 48.358249, 47.21826, 46.462666, 46.357397 ] }, { "date": "2023-12-29", "close": 50.05844, "volume": 1110116, "typical_volume": 2122034.75, "trend": 46.07033, "fair_value": 40.67248, "relative_strength": 3.87863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.749906, "energy": 77.767419, "activity_lines": [ 49.176991, 47.89195, 46.804746, 46.629034 ] }, { "date": "2024-01-05", "close": 50.162847, "volume": 2038138, "typical_volume": 2133023.9, "trend": 46.282922, "fair_value": 40.719032, "relative_strength": 5.468399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.132515, "energy": 79.828526, "activity_lines": [ 49.740157, 48.480191, 47.152624, 46.893067 ] }, { "date": "2024-01-12", "close": 50.836747, "volume": 2221056, "typical_volume": 2171010.05, "trend": 46.562765, "fair_value": 40.768871, "relative_strength": 4.684717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.134867, "energy": 81.710678, "activity_lines": [ 50.287503, 49.069176, 47.551046, 47.186863 ] }, { "date": "2024-01-19", "close": 52.402853, "volume": 1947054, "typical_volume": 2179982.4, "trend": 46.9183, "fair_value": 40.841891, "relative_strength": 6.399375, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.821112, "energy": 86.111905, "activity_lines": [ 51.097448, 49.860895, 48.082804, 47.563643 ] }, { "date": "2024-01-26", "close": 52.773024, "volume": 2165475, "typical_volume": 2196942.85, "trend": 47.211634, "fair_value": 40.940124, "relative_strength": 5.887705, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.391792, "energy": 86.378317, "activity_lines": [ 51.75806, 50.59844, 48.628523, 47.941367 ] }, { "date": "2024-02-02", "close": 51.928276, "volume": 2151762, "typical_volume": 2166765.4, "trend": 47.499673, "fair_value": 41.022382, "relative_strength": 2.652405, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.725634, "energy": 80.561524, "activity_lines": [ 51.985225, 51.053672, 49.065653, 48.245666 ] }, { "date": "2024-02-09", "close": 49.118777, "volume": 3235480, "typical_volume": 2219394.25, "trend": 47.638313, "fair_value": 41.087435, "relative_strength": -4.231869, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.136041, "energy": 51.362959, "activity_lines": [ 51.151234, 50.884895, 49.209703, 48.350124 ] }, { "date": "2024-02-16", "close": 49.697761, "volume": 4085419, "typical_volume": 2326366.85, "trend": 47.753971, "fair_value": 41.152239, "relative_strength": -2.752904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.952423, "energy": 36.158685, "activity_lines": [ 50.579843, 50.774793, 49.392582, 48.482992 ] }, { "date": "2024-02-23", "close": 50.191322, "volume": 1899371, "typical_volume": 2277737.35, "trend": 47.869167, "fair_value": 41.237366, "relative_strength": -3.341955, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.921354, "energy": 23.925878, "activity_lines": [ 50.248904, 50.704383, 49.598453, 48.64024 ] }, { "date": "2024-03-01", "close": 50.846239, "volume": 2116448, "typical_volume": 2300232.4, "trend": 47.911609, "fair_value": 41.320723, "relative_strength": -2.983884, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.786123, "energy": 24.243434, "activity_lines": [ 50.283706, 50.71888, 49.841455, 48.83231 ] }, { "date": "2024-03-08", "close": 51.216409, "volume": 2226132, "typical_volume": 2292287.75, "trend": 47.979231, "fair_value": 41.384514, "relative_strength": -2.101959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.72455, "energy": 26.533639, "activity_lines": [ 50.570351, 50.794294, 50.09279, 49.045523 ] }, { "date": "2024-03-15", "close": 52.78094, "volume": 4183814, "typical_volume": 2386709.6, "trend": 48.161956, "fair_value": 41.472275, "relative_strength": 0.680052, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.009337, "energy": 44.547392, "activity_lines": [ 51.425964, 51.133115, 50.460263, 49.35531 ] }, { "date": "2024-03-22", "close": 55.041753, "volume": 2898405, "typical_volume": 2383434.2, "trend": 48.412839, "fair_value": 41.569229, "relative_strength": 2.464761, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.011745, "energy": 72.187484, "activity_lines": [ 52.791037, 51.835391, 50.998689, 49.799168 ] }, { "date": "2024-03-29", "close": 56.768366, "volume": 1802236, "typical_volume": 2393426.3, "trend": 48.70741, "fair_value": 41.66452, "relative_strength": 4.993749, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.419505, "energy": 86.501799, "activity_lines": [ 54.375381, 52.775142, 51.660051, 50.338234 ] }, { "date": "2024-04-05", "close": 54.116441, "volume": 2353958, "typical_volume": 2399460.65, "trend": 48.949151, "fair_value": 41.723974, "relative_strength": 0.755498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.392672, "energy": 78.171005, "activity_lines": [ 54.637281, 53.153352, 52.016245, 50.687204 ] }, { "date": "2024-04-12", "close": 51.187877, "volume": 2126334, "typical_volume": 2443666.85, "trend": 49.103031, "fair_value": 41.769034, "relative_strength": -3.361613, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.371042, "energy": 54.37574, "activity_lines": [ 53.70498, 52.97467, 52.053417, 50.831638 ] }, { "date": "2024-04-19", "close": 50.997091, "volume": 2033194, "typical_volume": 2443143.35, "trend": 49.279824, "fair_value": 41.79824, "relative_strength": -0.795692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.555576, "energy": 31.068211, "activity_lines": [ 52.710985, 52.774761, 52.046301, 50.953835 ] }, { "date": "2024-04-26", "close": 51.493134, "volume": 2512634, "typical_volume": 2468515.45, "trend": 49.507775, "fair_value": 41.825441, "relative_strength": -2.494205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.903342, "energy": 21.379472, "activity_lines": [ 52.001261, 52.630891, 52.065278, 51.09663 ] }, { "date": "2024-05-03", "close": 52.027335, "volume": 3361945, "typical_volume": 2448793.35, "trend": 49.745664, "fair_value": 41.872656, "relative_strength": -2.136189, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.448547, "energy": 23.041005, "activity_lines": [ 51.706179, 52.551505, 52.113475, 51.259182 ] }, { "date": "2024-05-10", "close": 54.116441, "volume": 3134447, "typical_volume": 2480170.9, "trend": 50.043117, "fair_value": 41.945763, "relative_strength": -0.151064, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.722169, "energy": 22.416376, "activity_lines": [ 52.423534, 52.818575, 52.342942, 51.541167 ] }, { "date": "2024-05-17", "close": 54.211834, "volume": 1870726, "typical_volume": 2518201.4, "trend": 50.373023, "fair_value": 42.016832, "relative_strength": -1.621801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.701431, "energy": 33.284599, "activity_lines": [ 53.172687, 53.04353, 52.56425, 51.810117 ] }, { "date": "2024-05-24", "close": 53.601319, "volume": 1931326, "typical_volume": 2512860.8, "trend": 50.710906, "fair_value": 42.083872, "relative_strength": -2.736786, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.419489, "energy": 37.737942, "activity_lines": [ 53.516737, 53.103021, 52.707635, 52.018394 ] }, { "date": "2024-05-31", "close": 54.354924, "volume": 2016547, "typical_volume": 2502635.35, "trend": 50.978538, "fair_value": 42.15846, "relative_strength": -0.985697, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.105955, "energy": 50.481383, "activity_lines": [ 53.938374, 53.284614, 52.906419, 52.253492 ] }, { "date": "2024-06-07", "close": 54.134437, "volume": 2212339, "typical_volume": 2515899.6, "trend": 51.258965, "fair_value": 42.230247, "relative_strength": -2.578243, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.13194, "energy": 44.814941, "activity_lines": [ 54.09573, 53.438607, 53.06745, 52.457098 ] }, { "date": "2024-06-14", "close": 52.591025, "volume": 2264251, "typical_volume": 2520838.4, "trend": 51.488889, "fair_value": 42.309194, "relative_strength": -6.872508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.034557, "energy": 28.644361, "activity_lines": [ 53.598141, 53.359869, 53.073245, 52.543038 ] }, { "date": "2024-06-21", "close": 54.268646, "volume": 2087363, "typical_volume": 2517618.45, "trend": 51.774419, "fair_value": 42.385772, "relative_strength": -4.550171, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.661811, "energy": 31.634035, "activity_lines": [ 53.761454, 53.613888, 53.239679, 52.722377 ] }, { "date": "2024-06-28", "close": 53.866017, "volume": 2865072, "typical_volume": 2499098.05, "trend": 52.018084, "fair_value": 42.468961, "relative_strength": -5.179626, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.398886, "energy": 26.868133, "activity_lines": [ 53.786769, 53.738688, 53.356623, 52.857319 ] }, { "date": "2024-07-05", "close": 53.118277, "volume": 1397238, "typical_volume": 2364689.0, "trend": 52.223853, "fair_value": 42.555566, "relative_strength": -8.179411, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.363512, "energy": 18.325702, "activity_lines": [ 53.545192, 53.675373, 53.379748, 52.928299 ] }, { "date": "2024-07-12", "close": 56.291378, "volume": 2194998, "typical_volume": 2379470.35, "trend": 52.489833, "fair_value": 42.662511, "relative_strength": -3.607018, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.837125, "energy": 48.455315, "activity_lines": [ 54.443758, 54.159437, 53.688785, 53.19072 ] }, { "date": "2024-07-19", "close": 58.093622, "volume": 3025574, "typical_volume": 2424926.65, "trend": 52.743118, "fair_value": 42.781991, "relative_strength": 1.432206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.632255, "energy": 70.622928, "activity_lines": [ 55.799276, 54.893654, 54.140416, 53.552255 ] }, { "date": "2024-07-26", "close": 60.250564, "volume": 3262035, "typical_volume": 2476721.8, "trend": 53.082856, "fair_value": 42.90709, "relative_strength": 5.941828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.16025, "energy": 85.500927, "activity_lines": [ 57.506934, 55.947729, 54.762959, 54.036606 ] }, { "date": "2024-08-02", "close": 57.470506, "volume": 3149003, "typical_volume": 2424981.25, "trend": 53.326445, "fair_value": 42.998585, "relative_strength": 3.330554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.655217, "energy": 76.264392, "activity_lines": [ 57.889112, 56.386545, 55.077715, 54.31968 ] }, { "date": "2024-08-09", "close": 57.297951, "volume": 2213720, "typical_volume": 2390747.0, "trend": 53.541818, "fair_value": 43.090709, "relative_strength": 3.086912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.709383, "energy": 72.788594, "activity_lines": [ 57.973473, 56.723638, 55.353705, 54.575906 ] }, { "date": "2024-08-16", "close": 58.429147, "volume": 1939150, "typical_volume": 2397592.7, "trend": 53.742694, "fair_value": 43.195229, "relative_strength": 1.162346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.231735, "energy": 59.589673, "activity_lines": [ 58.156254, 57.212893, 55.726685, 54.891218 ] }, { "date": "2024-08-23", "close": 60.317669, "volume": 1668700, "typical_volume": 2363329.8, "trend": 53.994183, "fair_value": 43.306594, "relative_strength": 3.021366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.392188, "energy": 52.560701, "activity_lines": [ 58.826024, 57.967431, 56.271616, 55.31541 ] }, { "date": "2024-08-30", "close": 61.899426, "volume": 1447542, "typical_volume": 2329390.2, "trend": 54.326554, "fair_value": 43.431457, "relative_strength": 5.391667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.001157, "energy": 61.469927, "activity_lines": [ 59.874777, 58.869076, 56.93766, 55.825426 ] }, { "date": "2024-09-06", "close": 60.301151, "volume": 1847558, "typical_volume": 2320108.4, "trend": 54.6993, "fair_value": 43.556404, "relative_strength": 7.004019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.179186, "energy": 60.514868, "activity_lines": [ 60.280847, 59.341384, 57.40048, 56.210883 ] }, { "date": "2024-09-13", "close": 61.350621, "volume": 2327769, "typical_volume": 2310865.15, "trend": 55.087729, "fair_value": 43.692314, "relative_strength": 4.614151, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.110708, "energy": 68.088039, "activity_lines": [ 60.848031, 59.887502, 57.918945, 56.640001 ] }, { "date": "2024-09-20", "close": 61.158058, "volume": 3327415, "typical_volume": 2309138.65, "trend": 55.453287, "fair_value": 43.826583, "relative_strength": 2.824281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.002431, "energy": 62.103052, "activity_lines": [ 61.08085, 60.248931, 58.37213, 57.031635 ] }, { "date": "2024-09-27", "close": 61.495043, "volume": 1658710, "typical_volume": 2235351.8, "trend": 55.808247, "fair_value": 43.956746, "relative_strength": 2.77558, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.998496, "energy": 51.304915, "activity_lines": [ 61.244069, 60.583144, 58.81393, 57.421426 ] }, { "date": "2024-10-04", "close": 61.793516, "volume": 1961492, "typical_volume": 2239890.1, "trend": 56.160817, "fair_value": 44.086442, "relative_strength": 2.965938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.293344, "energy": 49.839812, "activity_lines": [ 61.428288, 60.90978, 59.249019, 57.807572 ] }, { "date": "2024-10-11", "close": 61.023263, "volume": 1658919, "typical_volume": 2226269.75, "trend": 56.435561, "fair_value": 44.192632, "relative_strength": 0.540539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.525352, "energy": 45.274872, "activity_lines": [ 61.362816, 61.068317, 59.574647, 58.121278 ] }, { "date": "2024-10-18", "close": 61.572068, "volume": 2653668, "typical_volume": 2258125.8, "trend": 56.653238, "fair_value": 44.302803, "relative_strength": 0.599628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.195794, "energy": 44.135697, "activity_lines": [ 61.432139, 61.262042, 59.9172, 58.452666 ] }, { "date": "2024-10-25", "close": 58.211841, "volume": 2606295, "typical_volume": 2277823.6, "trend": 56.701354, "fair_value": 44.397412, "relative_strength": -3.859859, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.198532, "energy": 25.539216, "activity_lines": [ 60.366623, 60.767104, 59.905364, 58.553221 ] }, { "date": "2024-11-01", "close": 51.770604, "volume": 4238556, "typical_volume": 2376538.85, "trend": 56.623159, "fair_value": 44.449744, "relative_strength": -13.022438, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -18.405722, "energy": 26.117288, "activity_lines": [ 57.350442, 59.104984, 59.260661, 58.235108 ] }, { "date": "2024-11-08", "close": 53.214827, "volume": 5534777, "typical_volume": 2548909.55, "trend": 56.690725, "fair_value": 44.521722, "relative_strength": -14.397721, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.967429, "energy": 42.930835, "activity_lines": [ 55.463965, 57.860851, 58.757409, 58.015216 ] }, { "date": "2024-11-15", "close": 53.436275, "volume": 4976679, "typical_volume": 2654489.9, "trend": 56.772031, "fair_value": 44.601096, "relative_strength": -12.028559, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.157665, "energy": 57.057649, "activity_lines": [ 54.223216, 56.814883, 58.280266, 57.805251 ] }, { "date": "2024-11-22", "close": 54.649423, "volume": 3293337, "typical_volume": 2749294.85, "trend": 56.87724, "fair_value": 44.702696, "relative_strength": -11.341951, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.153757, "energy": 62.817736, "activity_lines": [ 53.89265, 56.114303, 57.920707, 57.668309 ] }, { "date": "2024-11-29", "close": 55.631495, "volume": 2454438, "typical_volume": 2762266.85, "trend": 56.997379, "fair_value": 44.811204, "relative_strength": -10.629594, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.157766, "energy": 54.842956, "activity_lines": [ 54.35095, 55.714122, 57.647388, 57.587938 ] }, { "date": "2024-12-06", "close": 54.317905, "volume": 3034928, "typical_volume": 2762734.55, "trend": 57.004094, "fair_value": 44.90552, "relative_strength": -13.268521, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.852614, "energy": 35.886239, "activity_lines": [ 54.54341, 55.175589, 57.252107, 57.415069 ] }, { "date": "2024-12-13", "close": 53.398738, "volume": 3295912, "typical_volume": 2764428.4, "trend": 56.976991, "fair_value": 44.991321, "relative_strength": -13.978773, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.67178, "energy": 35.348458, "activity_lines": [ 54.259661, 54.600429, 56.787266, 57.182465 ] }, { "date": "2024-12-20", "close": 51.531379, "volume": 5654424, "typical_volume": 2889699.45, "trend": 56.907993, "fair_value": 45.062295, "relative_strength": -15.104669, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.870294, "energy": 50.970083, "activity_lines": [ 53.341198, 53.83838, 56.177209, 56.831135 ] }, { "date": "2024-12-27", "close": 52.305414, "volume": 1602017, "typical_volume": 2859114.3, "trend": 56.839676, "fair_value": 45.132168, "relative_strength": -14.086634, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.246934, "energy": 58.919347, "activity_lines": [ 52.80774, 53.389646, 55.669151, 56.534195 ] }, { "date": "2025-01-03", "close": 53.224581, "volume": 1838657, "typical_volume": 2854089.65, "trend": 56.809348, "fair_value": 45.195167, "relative_strength": -11.815616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.307201, "energy": 59.489162, "activity_lines": [ 52.736939, 53.276517, 55.272407, 56.300963 ] }, { "date": "2025-01-10", "close": 52.711782, "volume": 4296805, "typical_volume": 2985494.9, "trend": 56.813373, "fair_value": 45.245435, "relative_strength": -10.651081, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.422267, "energy": 53.898128, "activity_lines": [ 52.655665, 53.160829, 54.851609, 56.036604 ] }, { "date": "2025-01-17", "close": 55.836949, "volume": 5011697, "typical_volume": 3163702.65, "trend": 56.86565, "fair_value": 45.34121, "relative_strength": -7.771246, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.964638, "energy": 28.235057, "activity_lines": [ 53.723188, 53.596241, 54.764664, 55.973609 ] }, { "date": "2025-01-24", "close": 55.691817, "volume": 2914760, "typical_volume": 3217062.75, "trend": 56.92651, "fair_value": 45.438329, "relative_strength": -9.272053, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.071468, "energy": 20.655781, "activity_lines": [ 54.579787, 53.957591, 54.692766, 55.897877 ] }, { "date": "2025-01-31", "close": 56.359422, "volume": 2774773, "typical_volume": 3239412.95, "trend": 57.034548, "fair_value": 45.533607, "relative_strength": -7.020538, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.537619, "energy": 21.798531, "activity_lines": [ 55.381558, 54.399313, 54.706399, 55.861291 ] }, { "date": "2025-02-07", "close": 56.610984, "volume": 3082843, "typical_volume": 3227184.35, "trend": 57.045201, "fair_value": 45.629564, "relative_strength": -6.352393, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -0.410142, "energy": 19.861003, "activity_lines": [ 55.996916, 54.855683, 54.767757, 55.833964 ] }, { "date": "2025-02-14", "close": 54.579142, "volume": 4359354, "typical_volume": 3362216.55, "trend": 56.928052, "fair_value": 45.717044, "relative_strength": -10.844218, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.612023, "energy": 18.1071, "activity_lines": [ 55.709233, 54.924819, 54.65726, 55.674864 ] }, { "date": "2025-02-21", "close": 54.346931, "volume": 4746872, "typical_volume": 3501485.55, "trend": 56.731264, "fair_value": 45.806533, "relative_strength": -9.614658, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.092592, "energy": 14.051763, "activity_lines": [ 55.219656, 54.946984, 54.55758, 55.50834 ] }, { "date": "2025-02-28", "close": 55.74987, "volume": 3886269, "typical_volume": 3612853.05, "trend": 56.67391, "fair_value": 45.916965, "relative_strength": -6.264086, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.040755, "energy": 8.027474, "activity_lines": [ 55.297059, 55.20699, 54.626973, 55.445024 ] }, { "date": "2025-03-07", "close": 54.530765, "volume": 3826368, "typical_volume": 3671488.05, "trend": 56.58167, "fair_value": 46.027341, "relative_strength": -5.28522, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.177634, "energy": 17.683658, "activity_lines": [ 54.964224, 55.16864, 54.605372, 55.306757 ] }, { "date": "2025-03-14", "close": 53.243931, "volume": 4168158, "typical_volume": 3749581.2, "trend": 56.40883, "fair_value": 46.124664, "relative_strength": -5.18514, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -45.133187, "energy": 25.538518, "activity_lines": [ 54.324355, 54.855859, 54.494746, 55.091419 ] }, { "date": "2025-03-21", "close": 54.090463, "volume": 6127922, "typical_volume": 3844049.5, "trend": 56.201256, "fair_value": 46.223665, "relative_strength": -3.961942, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.546753, "energy": 22.647555, "activity_lines": [ 54.191134, 54.696642, 54.488398, 54.941847 ] }, { "date": "2025-03-28", "close": 55.802987, "volume": 3060612, "typical_volume": 3720341.25, "trend": 55.998041, "fair_value": 46.342371, "relative_strength": 0.746103, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -23.522043, "energy": 14.06673, "activity_lines": [ 54.661332, 54.823725, 54.634101, 54.916152 ] }, { "date": "2025-04-04", "close": 53.020136, "volume": 3839930, "typical_volume": 3663503.8, "trend": 55.755341, "fair_value": 46.446461, "relative_strength": 5.281937, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -53.643728, "energy": 27.200656, "activity_lines": [ 54.106843, 54.445454, 54.502446, 54.724029 ] }, { "date": "2025-04-11", "close": 53.448267, "volume": 5217751, "typical_volume": 3759724.5, "trend": 55.491929, "fair_value": 46.54486, "relative_strength": 0.461872, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -50.000415, "energy": 24.155019, "activity_lines": [ 53.877046, 54.1936, 54.413547, 54.575185 ] }, { "date": "2025-04-18", "close": 53.59422, "volume": 2582868, "typical_volume": 3766146.0, "trend": 55.239801, "fair_value": 46.647299, "relative_strength": 2.226262, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.489992, "energy": 23.985714, "activity_lines": [ 53.768068, 54.021213, 54.344269, 54.452753 ] }, { "date": "2025-04-25", "close": 54.041812, "volume": 3250574, "typical_volume": 3776928.3, "trend": 54.99136, "fair_value": 46.756297, "relative_strength": -1.371018, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.215674, "energy": 28.774158, "activity_lines": [ 53.784933, 53.985057, 54.327319, 54.375463 ] }, { "date": "2025-05-02", "close": 56.980348, "volume": 2860873, "typical_volume": 3755176.35, "trend": 54.830921, "fair_value": 46.874643, "relative_strength": 1.083244, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.660524, "energy": 3.017104, "activity_lines": [ 54.784555, 54.492949, 54.591544, 54.503785 ] }, { "date": "2025-05-09", "close": 56.951157, "volume": 3231611, "typical_volume": 3634035.7, "trend": 54.695184, "fair_value": 47.001471, "relative_strength": 1.549224, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.919367, "energy": 24.504663, "activity_lines": [ 55.695955, 54.947654, 54.835935, 54.640574 ] }, { "date": "2025-05-16", "close": 58.216089, "volume": 2588916, "typical_volume": 3683380.65, "trend": 54.583318, "fair_value": 47.137521, "relative_strength": -1.302504, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.208131, "energy": 55.366104, "activity_lines": [ 56.766931, 55.610505, 55.174986, 54.867729 ] }, { "date": "2025-05-23", "close": 56.046244, "volume": 3198790, "typical_volume": 3751387.3, "trend": 54.511132, "fair_value": 47.246481, "relative_strength": -2.396595, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.287331, "energy": 52.468205, "activity_lines": [ 56.79677, 55.811833, 55.27924, 54.962112 ] }, { "date": "2025-05-30", "close": 56.737091, "volume": 2005961, "typical_volume": 3636845.1, "trend": 54.676681, "fair_value": 47.361055, "relative_strength": -2.763877, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.88416, "energy": 52.42685, "activity_lines": [ 56.893424, 56.087818, 55.435851, 55.105722 ] }, { "date": "2025-06-06", "close": 56.561011, "volume": 2550309, "typical_volume": 3513775.7, "trend": 54.788221, "fair_value": 47.483094, "relative_strength": -4.489905, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.439195, "energy": 40.462176, "activity_lines": [ 56.751699, 56.283668, 55.556526, 55.227291 ] }, { "date": "2025-06-13", "close": 57.333809, "volume": 2753240, "typical_volume": 3505699.7, "trend": 54.918139, "fair_value": 47.633223, "relative_strength": -2.798462, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.308447, "energy": 30.276787, "activity_lines": [ 56.895529, 56.606245, 55.747352, 55.391523 ] }, { "date": "2025-06-20", "close": 58.263124, "volume": 4162924, "typical_volume": 3575107.25, "trend": 55.038595, "fair_value": 47.775062, "relative_strength": -1.00902, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.61151, "energy": 36.510467, "activity_lines": [ 57.323621, 57.019358, 56.018865, 55.607328 ] }, { "date": "2025-06-27", "close": 59.319607, "volume": 3826126, "typical_volume": 3612271.4, "trend": 55.161532, "fair_value": 47.922673, "relative_strength": -2.524577, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.378528, "energy": 52.4604, "activity_lines": [ 58.100738, 57.537015, 56.381931, 55.883523 ] }, { "date": "2025-07-04", "close": 60.552172, "volume": 2265603, "typical_volume": 3507583.85, "trend": 55.369341, "fair_value": 48.081541, "relative_strength": -2.156296, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.285637, "energy": 72.180934, "activity_lines": [ 59.070486, 58.174678, 56.849485, 56.231306 ] }, { "date": "2025-07-11", "close": 54.78064, "volume": 4182495, "typical_volume": 3479365.0, "trend": 55.415405, "fair_value": 48.201115, "relative_strength": -10.997247, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.483475, "energy": 35.829448, "activity_lines": [ 57.862051, 57.6446, 56.738927, 56.193325 ] }, { "date": "2025-07-18", "close": 54.47739, "volume": 4132374, "typical_volume": 3491670.25, "trend": 55.513605, "fair_value": 48.31545, "relative_strength": -11.698682, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 19.095969, "energy": 11.921262, "activity_lines": [ 56.671224, 57.099381, 56.597422, 56.132808 ] }, { "date": "2025-07-25", "close": 55.465398, "volume": 3580858, "typical_volume": 3479394.75, "trend": 55.618938, "fair_value": 48.425168, "relative_strength": -11.005733, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.97314, "energy": 17.154293, "activity_lines": [ 56.000161, 56.778778, 56.556073, 56.129698 ] }, { "date": "2025-08-01", "close": 55.289317, "volume": 4398635, "typical_volume": 3490918.6, "trend": 55.687762, "fair_value": 48.527459, "relative_strength": -8.730303, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.51342, "energy": 26.667848, "activity_lines": [ 55.45692, 56.476172, 56.493504, 56.108432 ] }, { "date": "2025-08-08", "close": 58.957664, "volume": 3942093, "typical_volume": 3381627.15, "trend": 55.895959, "fair_value": 48.647908, "relative_strength": -4.729469, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.800895, "energy": 23.173496, "activity_lines": [ 56.405147, 56.854301, 56.770561, 56.319394 ] }, { "date": "2025-08-15", "close": 60.513043, "volume": 3377143, "typical_volume": 3397453.7, "trend": 56.051828, "fair_value": 48.780741, "relative_strength": -2.923864, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.631259, "energy": 43.690927, "activity_lines": [ 57.978134, 57.474852, 57.172573, 56.61727 ] }, { "date": "2025-08-22", "close": 62.508623, "volume": 2264346, "typical_volume": 3318674.5, "trend": 56.279055, "fair_value": 48.940494, "relative_strength": 0.221031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.324229, "energy": 75.534023, "activity_lines": [ 59.834154, 58.38638, 57.74221, 57.033837 ] }, { "date": "2025-08-29", "close": 61.677131, "volume": 2247662, "typical_volume": 3170170.05, "trend": 56.456312, "fair_value": 49.105844, "relative_strength": -0.765001, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.02228, "energy": 78.919326, "activity_lines": [ 60.877595, 59.052641, 58.187475, 57.3821 ] }, { "date": "2025-09-05", "close": 62.778157, "volume": 1744068, "typical_volume": 3128230.05, "trend": 56.661885, "fair_value": 49.26748, "relative_strength": 0.986954, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.21074, "energy": 82.788306, "activity_lines": [ 61.873929, 59.857015, 58.698414, 57.789961 ] }, { "date": "2025-09-12", "close": 62.729005, "volume": 2830846, "typical_volume": 3107243.65, "trend": 56.933547, "fair_value": 49.439277, "relative_strength": -0.351848, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.052666, "energy": 81.997849, "activity_lines": [ 62.354622, 60.58957, 59.160939, 58.181388 ] }, { "date": "2025-09-19", "close": 64.174101, "volume": 5265516, "typical_volume": 3227475.8, "trend": 57.261119, "fair_value": 49.637562, "relative_strength": 0.947198, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.526077, "energy": 81.050684, "activity_lines": [ 63.065592, 61.54529, 59.719725, 58.648521 ] }, { "date": "2025-09-26", "close": 63.672741, "volume": 3146322, "typical_volume": 3223211.35, "trend": 57.525215, "fair_value": 49.839321, "relative_strength": 0.699888, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.064345, "energy": 72.050311, "activity_lines": [ 63.365371, 62.239065, 60.196506, 59.062174 ] }, { "date": "2025-10-03", "close": 60.281187, "volume": 3494058, "typical_volume": 3268468.45, "trend": 57.716895, "fair_value": 50.012593, "relative_strength": -5.353346, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.743718, "energy": 47.477564, "activity_lines": [ 62.457025, 62.149004, 60.318275, 59.239979 ] }, { "date": "2025-10-10", "close": 58.197102, "volume": 4038153, "typical_volume": 3310436.6, "trend": 57.882001, "fair_value": 50.175286, "relative_strength": -6.028918, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 32.65159, "energy": 25.473383, "activity_lines": [ 60.947046, 61.59246, 60.231725, 59.27096 ] }, { "date": "2025-10-17", "close": 58.49202, "volume": 2954152, "typical_volume": 3357846.15, "trend": 58.02872, "fair_value": 50.336023, "relative_strength": -6.818306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.672593, "energy": 21.540606, "activity_lines": [ 59.840777, 61.036668, 60.163021, 59.310316 ] }, { "date": "2025-10-24", "close": 60.33034, "volume": 2924485, "typical_volume": 3376554.95, "trend": 58.179632, "fair_value": 50.490136, "relative_strength": -5.471003, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.48306, "energy": 25.701974, "activity_lines": [ 59.629747, 60.823582, 60.261038, 59.458807 ] }, { "date": "2025-10-31", "close": 59.543893, "volume": 2552337, "typical_volume": 3366509.8, "trend": 58.39709, "fair_value": 50.648381, "relative_strength": -7.276846, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.153741, "energy": 22.656161, "activity_lines": [ 59.412818, 60.470828, 60.266206, 59.546824 ] }, { "date": "2025-11-07", "close": 60.074745, "volume": 3015712, "typical_volume": 3309149.2, "trend": 58.617973, "fair_value": 50.803342, "relative_strength": -4.894205, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.260736, "energy": 12.543129, "activity_lines": [ 59.648097, 60.268497, 60.311407, 59.65506 ] }, { "date": "2025-11-14", "close": 60.379493, "volume": 3147480, "typical_volume": 3275216.9, "trend": 58.844148, "fair_value": 50.963274, "relative_strength": -4.500097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.625286, "energy": 8.027742, "activity_lines": [ 59.998722, 60.150708, 60.377005, 59.768706 ] }, { "date": "2025-11-21", "close": 61.441197, "volume": 3210796, "typical_volume": 3322476.55, "trend": 59.090795, "fair_value": 51.123264, "relative_strength": -0.925711, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.957087, "energy": 18.907582, "activity_lines": [ 60.557755, 60.269569, 60.538671, 59.936258 ] }, { "date": "2025-11-28", "close": 61.696792, "volume": 1980868, "typical_volume": 3212395.2, "trend": 59.248009, "fair_value": 51.283075, "relative_strength": -3.99776, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 42.817008, "energy": 25.151919, "activity_lines": [ 61.005374, 60.458317, 60.720445, 60.104387 ] }, { "date": "2025-12-05", "close": 61.102204, "volume": 2625965, "typical_volume": 3137074.75, "trend": 59.386378, "fair_value": 51.450088, "relative_strength": -5.215937, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.287714, "energy": 28.784226, "activity_lines": [ 61.163701, 60.583999, 60.812658, 60.224012 ] }, { "date": "2025-12-12", "close": 63.591736, "volume": 3297802, "typical_volume": 3122921.95, "trend": 59.565566, "fair_value": 51.63413, "relative_strength": -0.863062, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.713959, "energy": 51.360014, "activity_lines": [ 62.047984, 61.209061, 61.110423, 60.495326 ] }, { "date": "2025-12-19", "close": 65.458885, "volume": 5803918, "typical_volume": 3193186.1, "trend": 59.879321, "fair_value": 51.821748, "relative_strength": 1.759007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.637693, "energy": 67.862789, "activity_lines": [ 63.320184, 62.113412, 61.547314, 60.87554 ] }, { "date": "2025-12-26", "close": 65.063721, "volume": 1424078, "typical_volume": 3067285.35, "trend": 60.156875, "fair_value": 52.007368, "relative_strength": -0.387236, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.697814, "energy": 70.192129, "activity_lines": [ 64.122037, 62.813883, 61.898145, 61.210017 ] }, { "date": "2026-01-02", "close": 63.888108, "volume": 1415077, "typical_volume": 2969182.05, "trend": 60.401111, "fair_value": 52.187417, "relative_strength": -1.216038, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.124222, "energy": 68.903797, "activity_lines": [ 64.290517, 63.181121, 62.107935, 61.450742 ] }, { "date": "2026-01-09", "close": 63.344758, "volume": 2611698, "typical_volume": 2986549.65, "trend": 60.601476, "fair_value": 52.355173, "relative_strength": -3.582508, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.344559, "energy": 60.891435, "activity_lines": [ 64.131793, 63.384881, 62.249907, 61.640655 ] }, { "date": "2026-01-16", "close": 60.203206, "volume": 5285638, "typical_volume": 3138448.45, "trend": 60.666146, "fair_value": 52.497492, "relative_strength": -7.904836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.066633, "energy": 17.882529, "activity_lines": [ 62.776381, 62.948343, 62.088701, 61.61496 ] }, { "date": "2026-01-23", "close": 60.16369, "volume": 3418378, "typical_volume": 3222163.95, "trend": 60.694282, "fair_value": 52.627473, "relative_strength": -7.539506, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.635408, "energy": 14.545875, "activity_lines": [ 61.633699, 62.502285, 61.93075, 61.582543 ] }, { "date": "2026-01-30", "close": 62.159267, "volume": 2801555, "typical_volume": 3220699.4, "trend": 60.747852, "fair_value": 52.762924, "relative_strength": -4.755569, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.146007, "energy": 20.076516, "activity_lines": [ 61.509222, 62.422982, 61.975305, 61.677059 ] }, { "date": "2026-02-06", "close": 64.490733, "volume": 3242910, "typical_volume": 3119569.1, "trend": 61.071522, "fair_value": 52.924333, "relative_strength": -0.950538, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.394217, "energy": 22.814615, "activity_lines": [ 62.355532, 62.754527, 62.244617, 61.918535 ] }, { "date": "2026-02-13", "close": 60.677402, "volume": 3430927, "typical_volume": 3133799.35, "trend": 61.278189, "fair_value": 53.054333, "relative_strength": -5.564705, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.801925, "energy": 9.163611, "activity_lines": [ 61.890555, 62.34194, 62.149246, 61.893108 ] }, { "date": "2026-02-20", "close": 59.630218, "volume": 4613906, "typical_volume": 3189791.75, "trend": 61.417016, "fair_value": 53.181251, "relative_strength": -8.131661, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.901618, "energy": 11.380352, "activity_lines": [ 61.254341, 61.74668, 61.968408, 61.786787 ] }, { "date": "2026-02-27", "close": 60.104415, "volume": 4125794, "typical_volume": 3194173.8, "trend": 61.577519, "fair_value": 53.306328, "relative_strength": -6.797616, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.951173, "energy": 13.276133, "activity_lines": [ 60.814392, 61.309664, 61.83583, 61.702103 ] }, { "date": "2026-03-06", "close": 58.395332, "volume": 3324866, "typical_volume": 3212709.5, "trend": 61.558775, "fair_value": 53.44211, "relative_strength": -7.445582, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.974594, "energy": 45.23868, "activity_lines": [ 59.808701, 60.659261, 61.531401, 61.496801 ] }, { "date": "2026-03-13", "close": 57.733432, "volume": 3862329, "typical_volume": 3259601.7, "trend": 61.466121, "fair_value": 53.591915, "relative_strength": -6.937725, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.452258, "energy": 61.804968, "activity_lines": [ 58.833305, 60.009755, 61.164394, 61.250004 ] }, { "date": "2026-03-20", "close": 56.809141, "volume": 4779583, "typical_volume": 3370964.0, "trend": 61.276138, "fair_value": 53.722739, "relative_strength": -6.568707, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.866775, "energy": 67.488195, "activity_lines": [ 58.000298, 59.3041, 60.721725, 60.949554 ] }, { "date": "2026-03-27", "close": 57.38558, "volume": 3377859, "typical_volume": 3389071.35, "trend": 61.133087, "fair_value": 53.850731, "relative_strength": -3.245568, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.862534, "energy": 64.749097, "activity_lines": [ 57.617323, 58.822081, 60.346978, 60.69855 ] }, { "date": "2026-04-03", "close": 58.796864, "volume": 2178805, "typical_volume": 3340637.6, "trend": 61.000377, "fair_value": 53.989386, "relative_strength": -3.826336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.950724, "energy": 53.774619, "activity_lines": [ 57.854417, 58.647889, 60.119445, 60.547826 ] }, { "date": "2026-04-10", "close": 60.138578, "volume": 2779762, "typical_volume": 3319085.9, "trend": 60.914029, "fair_value": 54.125202, "relative_strength": -4.802509, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.893655, "energy": 31.345674, "activity_lines": [ 58.62592, 58.742496, 60.02723, 60.492226 ] }, { "date": "2026-04-17", "close": 61.669125, "volume": 2609776, "typical_volume": 3350531.3, "trend": 60.83053, "fair_value": 54.269931, "relative_strength": -6.284348, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.996581, "energy": 14.29884, "activity_lines": [ 59.791389, 59.152124, 60.086984, 60.540942 ] }, { "date": "2026-04-24", "close": 63.229488, "volume": 3048233, "typical_volume": 3371644.7, "trend": 60.815755, "fair_value": 54.42089, "relative_strength": -4.211756, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 11.025823, "energy": 18.295697, "activity_lines": [ 61.214599, 59.896757, 60.295477, 60.695714 ] }, { "date": "2026-05-01", "close": 59.661524, "volume": 3617316, "typical_volume": 3387620.4, "trend": 60.7951, "fair_value": 54.548078, "relative_strength": -10.105114, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.81828, "energy": 14.754245, "activity_lines": [ 61.020464, 59.946267, 60.154033, 60.621247 ] }, { "date": "2026-05-08", "close": 62.742496, "volume": 4273966, "typical_volume": 3311122.8, "trend": 60.946613, "fair_value": 54.691063, "relative_strength": -7.308529, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.199421, "energy": 22.224251, "activity_lines": [ 61.701591, 60.555385, 60.32473, 60.746886 ] }, { "date": "2026-05-15", "close": 60.039192, "volume": 3717050, "typical_volume": 3425771.4, "trend": 60.998185, "fair_value": 54.808036, "relative_strength": -11.155444, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.931558, "energy": 12.415794, "activity_lines": [ 61.218574, 60.625028, 60.250905, 60.688342 ] }, { "date": "2026-05-22", "close": 60.40692, "volume": 2738168, "typical_volume": 3491925.95, "trend": 61.000738, "fair_value": 54.927904, "relative_strength": -11.071232, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.061896, "energy": 7.7487, "activity_lines": [ 60.864759, 60.731642, 60.236028, 60.650196 ] }, { "date": "2026-05-29", "close": 57.53466, "volume": 2734779, "typical_volume": 3498080.0, "trend": 60.933763, "fair_value": 55.018572, "relative_strength": -16.136074, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -46.825143, "energy": 22.298864, "activity_lines": [ 59.637671, 60.267418, 59.96418, 60.426578 ] }, { "date": "2026-06-05", "close": 57.44, "volume": 6175500, "typical_volume": 3542573.1, "trend": 60.845939, "fair_value": 55.106104, "relative_strength": -13.803314, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -51.271048, "energy": 36.94477, "activity_lines": [ 58.758685, 59.772792, 59.710983, 60.201174 ] }, { "date": "2026-06-12", "close": 58.38, "volume": 3195038, "typical_volume": 3531406.1, "trend": 60.779289, "fair_value": 55.208274, "relative_strength": -12.545666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.23073, "energy": 46.376328, "activity_lines": [ 58.341134, 59.448086, 59.560469, 60.042081 ] }, { "date": "2026-06-19", "close": 58.45, "volume": 5104829, "typical_volume": 3646569.8, "trend": 60.679582, "fair_value": 55.31541, "relative_strength": -12.859803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.356324, "energy": 50.37946, "activity_lines": [ 58.237749, 59.143686, 59.425115, 59.891805 ] }, { "date": "2026-06-26", "close": 64.01, "volume": 6693148, "typical_volume": 3819081.7, "trend": 60.756689, "fair_value": 55.443852, "relative_strength": -2.043063, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 3.334658, "energy": 2.85051, "activity_lines": [ 60.093644, 59.880897, 59.836948, 60.10667 ] }, { "date": "2026-07-03", "close": 64.85, "volume": 3849769, "typical_volume": 3840023.8, "trend": 60.881616, "fair_value": 55.582076, "relative_strength": -2.635419, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 29.234159, "energy": 26.805982, "activity_lines": [ 61.989333, 60.728274, 60.33107, 60.370755 ] }, { "date": "2026-07-10", "close": 64.36, "volume": 3034458, "typical_volume": 3761051.4, "trend": 60.907224, "fair_value": 55.706437, "relative_strength": -4.599693, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.880115, "energy": 47.72477, "activity_lines": [ 63.234, 61.457096, 60.758656, 60.595167 ] }, { "date": "2026-07-17", "close": 66.71, "volume": 2897312, "typical_volume": 3699627.3, "trend": 60.948928, "fair_value": 55.837732, "relative_strength": 0.392004, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.431161, "energy": 75.190004, "activity_lines": [ 64.800667, 62.527764, 61.387528, 60.969539 ] }, { "date": "2026-07-24", "close": 65.75, "volume": 1961035, "typical_volume": 3631435.75, "trend": 60.971804, "fair_value": 55.95962, "relative_strength": -0.489389, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.673278, "energy": 74.483883, "activity_lines": [ 65.492, 63.35175, 61.893517, 61.279286 ] }, { "date": "2026-07-31", "close": 65.96, "volume": 2572134, "typical_volume": 3566926.0, "trend": 61.040867, "fair_value": 56.064665, "relative_strength": -1.219658, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.834949, "energy": 74.105131, "activity_lines": [ 65.766667, 64.110085, 62.384484, 61.601105 ] }, { "date": "2026-08-07", "close": 68.72, "volume": 2780962, "typical_volume": 3466994.95, "trend": 61.220042, "fair_value": 56.189872, "relative_strength": -0.477072, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.869771, "energy": 79.51037, "activity_lines": [ 66.831333, 65.269273, 63.099133, 62.096533 ] } ], "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." } } }