{ "ticker": { "uuid": "59127b84-2624-4b2a-ac70-3d791ae3fe6c", "symbol": "VABS", "name": "VIRTUS ETF TRUST II VIRTUS NEWFLEET ABS/MBS ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 69.76, "architecture_energy": 49.122, "architecture_maturity": 18.532, "architecture_confidence": 72.646, "architecture_tenure": "Developing", "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": 30.95, "rotation_up": 58.51, "upward_expansion": 78.05, "deceleration": 54.92, "rotation_down": 15.79, "downward_expansion": 7.05 }, "activity_lines": [ 24.137527, 24.117884, 24.091058, 24.071211 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.5 }, "latest_close": 24.2, "trend_reference": 24.040073, "distance_from_trend": 0.006652, "trend_direction": "Improving", "fair_value": 22.603823, "distance_from_fair_value": 0.070615, "fair_value_direction": "Weakening", "relative_strength": -9.797512, "relative_strength_direction": "Improving", "price_momentum": 0.009183, "excess_performance": -0.116442, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006652, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.0051, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.070615, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008556, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.097975, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.001075, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.009183, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 13.326326, "read": "Demand-led" } ], "volume": { "latest": 3904, "relative_activity": 0.051197, "balance": 13.326326, "dry_up": 0.092512, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.003717, "annualized_volatility": 0.016175, "from_high_reference": -0.000826, "from_low_reference": 0.032376 }, "levels": { "trend_reference": 24.040073, "fair_value_reference": 22.603823, "structural_low": 23.903111, "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": 43, "median_return": 0.004301, "positive_rate": 0.813953, "directional_follow_through": 0.813953, "median_excess_return": -0.014163, "regime_survival": 0.906977, "best_return": 0.012759, "worst_return": -0.003666, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.013633, "positive_rate": 0.923077, "directional_follow_through": 0.923077, "median_excess_return": -0.035261, "regime_survival": 0.923077, "best_return": 0.030287, "worst_return": -0.000611, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.031759, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.063249, "regime_survival": 1.0, "best_return": 0.045972, "worst_return": 0.017556, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.072715, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.121324, "regime_survival": 1.0, "best_return": 0.07515, "worst_return": 0.052163, "sufficient": false } ], "ledger": [ { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2022-08-19", "end": "2023-01-06", "tenure": "Established", "return": -0.008131, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-01-13", "end": "2023-02-17", "tenure": "Developing", "return": 0.004972, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-02-24", "end": "2023-06-09", "tenure": "Established", "return": 0.01532, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-06-16", "end": "2023-06-23", "tenure": "New", "return": 0.002191, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-06-30", "end": "2025-10-03", "tenure": "Extended", "return": 0.167479, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.002338, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-03-27", "tenure": "Established", "return": 0.01572, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.003304, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-15", "tenure": "New", "return": -0.00124, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-05-22", "end": "2026-06-05", "tenure": "New", "return": 0.002075, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-12", "end": "2026-08-07", "tenure": "Developing", "return": 0.002659, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 20.32809, "volume": 202, "typical_volume": 5565.1, "trend": 20.081749, "fair_value": 20.165191, "relative_strength": -5.570585, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.102524, "energy": 76.30389, "activity_lines": [ 20.319989, 20.288208, 20.22287, 20.166776 ] }, { "date": "2023-08-25", "close": 20.313645, "volume": 292, "typical_volume": 5575.8, "trend": 20.09791, "fair_value": 20.166307, "relative_strength": -6.260375, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.146366, "energy": 59.211741, "activity_lines": [ 20.318646, 20.299148, 20.236292, 20.181737 ] }, { "date": "2023-09-01", "close": 20.374752, "volume": 531, "typical_volume": 5536.15, "trend": 20.113832, "fair_value": 20.167862, "relative_strength": -8.098911, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.72696, "energy": 61.783121, "activity_lines": [ 20.336609, 20.317978, 20.254369, 20.199598 ] }, { "date": "2023-09-08", "close": 20.427129, "volume": 7600, "typical_volume": 5906.15, "trend": 20.13278, "fair_value": 20.169783, "relative_strength": -6.561334, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.183098, "energy": 67.429709, "activity_lines": [ 20.367764, 20.342803, 20.275653, 20.21981 ] }, { "date": "2023-09-15", "close": 20.444588, "volume": 20736, "typical_volume": 6812.5, "trend": 20.152879, "fair_value": 20.171804, "relative_strength": -6.152599, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.728221, "energy": 79.950562, "activity_lines": [ 20.400739, 20.366321, 20.296575, 20.239927 ] }, { "date": "2023-09-22", "close": 20.4318, "volume": 1602, "typical_volume": 6685.4, "trend": 20.173698, "fair_value": 20.173701, "relative_strength": -3.137128, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.839846, "energy": 83.119782, "activity_lines": [ 20.418793, 20.382569, 20.314767, 20.257922 ] }, { "date": "2023-09-29", "close": 20.474713, "volume": 127, "typical_volume": 6686.25, "trend": 20.195663, "fair_value": 20.175883, "relative_strength": -1.972468, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.023604, "energy": 89.468041, "activity_lines": [ 20.444236, 20.403784, 20.335921, 20.277342 ] }, { "date": "2023-10-06", "close": 20.466831, "volume": 817, "typical_volume": 6658.95, "trend": 20.214655, "fair_value": 20.177976, "relative_strength": -2.219421, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.617175, "energy": 83.198412, "activity_lines": [ 20.456314, 20.420348, 20.354975, 20.294837 ] }, { "date": "2023-10-13", "close": 20.497483, "volume": 1371, "typical_volume": 6707.15, "trend": 20.230682, "fair_value": 20.180258, "relative_strength": -2.226035, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.610597, "energy": 83.197468, "activity_lines": [ 20.472471, 20.439647, 20.375145, 20.313084 ] }, { "date": "2023-10-20", "close": 20.472006, "volume": 119, "typical_volume": 6695.95, "trend": 20.244541, "fair_value": 20.182327, "relative_strength": 0.197752, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.864618, "energy": 67.141169, "activity_lines": [ 20.475445, 20.451944, 20.390739, 20.328653 ] }, { "date": "2023-10-27", "close": 20.507152, "volume": 8099, "typical_volume": 7095.5, "trend": 20.262144, "fair_value": 20.184615, "relative_strength": 2.96245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.369413, "energy": 66.49213, "activity_lines": [ 20.488307, 20.467226, 20.407856, 20.345596 ] }, { "date": "2023-11-03", "close": 20.595014, "volume": 861, "typical_volume": 6741.7, "trend": 20.279675, "fair_value": 20.187484, "relative_strength": -2.128689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.521809, "energy": 72.438467, "activity_lines": [ 20.525433, 20.495227, 20.431454, 20.367071 ] }, { "date": "2023-11-10", "close": 20.568655, "volume": 2134, "typical_volume": 6524.5, "trend": 20.298614, "fair_value": 20.190131, "relative_strength": -3.465667, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.019941, "energy": 69.061236, "activity_lines": [ 20.545752, 20.513319, 20.450357, 20.385715 ] }, { "date": "2023-11-17", "close": 20.612587, "volume": 8758, "typical_volume": 4652.95, "trend": 20.318963, "fair_value": 20.193045, "relative_strength": -5.298335, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.981079, "energy": 79.046497, "activity_lines": [ 20.573927, 20.535874, 20.471598, 20.405971 ] }, { "date": "2023-11-24", "close": 20.624252, "volume": 220, "typical_volume": 4605.8, "trend": 20.335542, "fair_value": 20.195998, "relative_strength": -6.049715, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.318811, "energy": 85.58598, "activity_lines": [ 20.598317, 20.557177, 20.491892, 20.425668 ] }, { "date": "2023-12-01", "close": 20.760895, "volume": 38610, "typical_volume": 6481.8, "trend": 20.354383, "fair_value": 20.199841, "relative_strength": -6.084456, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.833044, "energy": 91.922318, "activity_lines": [ 20.658105, 20.600058, 20.523049, 20.45311 ] }, { "date": "2023-12-08", "close": 20.752079, "volume": 5106, "typical_volume": 6173.8, "trend": 20.373073, "fair_value": 20.203573, "relative_strength": -6.157255, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.170611, "energy": 90.569452, "activity_lines": [ 20.698037, 20.635353, 20.551057, 20.478767 ] }, { "date": "2023-12-15", "close": 20.875587, "volume": 50039, "typical_volume": 7514.6, "trend": 20.399321, "fair_value": 20.208083, "relative_strength": -7.541094, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.999192, "energy": 95.888188, "activity_lines": [ 20.768668, 20.68806, 20.588665, 20.511188 ] }, { "date": "2023-12-22", "close": 20.957039, "volume": 29301, "typical_volume": 8963.45, "trend": 20.429691, "fair_value": 20.213076, "relative_strength": -7.748853, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.150806, "energy": 97.236273, "activity_lines": [ 20.845988, 20.748145, 20.631339, 20.54717 ] }, { "date": "2023-12-29", "close": 20.992574, "volume": 25085, "typical_volume": 10080.5, "trend": 20.459807, "fair_value": 20.218238, "relative_strength": -7.632639, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.063554, "energy": 96.160491, "activity_lines": [ 20.912189, 20.806336, 20.674589, 20.583485 ] }, { "date": "2024-01-05", "close": 20.98369, "volume": 10715, "typical_volume": 10606.15, "trend": 20.488908, "fair_value": 20.223274, "relative_strength": -5.971243, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.852275, "energy": 92.580385, "activity_lines": [ 20.950874, 20.853446, 20.713622, 20.617283 ] }, { "date": "2024-01-12", "close": 21.112418, "volume": 52356, "typical_volume": 13209.35, "trend": 20.521437, "fair_value": 20.229085, "relative_strength": -6.907297, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.079384, "energy": 96.727662, "activity_lines": [ 21.017616, 20.915297, 20.761793, 20.65751 ] }, { "date": "2024-01-19", "close": 21.081413, "volume": 2630, "typical_volume": 13314.3, "trend": 20.551461, "fair_value": 20.23462, "relative_strength": -7.885074, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.193266, "energy": 90.953608, "activity_lines": [ 21.05, 20.962103, 20.803207, 20.693637 ] }, { "date": "2024-01-26", "close": 21.134729, "volume": 10089, "typical_volume": 13438.75, "trend": 20.583263, "fair_value": 20.240427, "relative_strength": -8.362924, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.715447, "energy": 88.339541, "activity_lines": [ 21.086434, 21.009281, 20.846335, 20.731268 ] }, { "date": "2024-02-02", "close": 21.179167, "volume": 1345, "typical_volume": 12469.2, "trend": 20.616815, "fair_value": 20.246445, "relative_strength": -9.232576, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.962669, "energy": 84.121211, "activity_lines": [ 21.125834, 21.055044, 20.890324, 20.769713 ] }, { "date": "2024-02-09", "close": 21.196943, "volume": 246, "typical_volume": 12401.4, "trend": 20.647517, "fair_value": 20.250766, "relative_strength": -10.137246, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.066006, "energy": 74.458116, "activity_lines": [ 21.158721, 21.093951, 20.932509, 20.807141 ] }, { "date": "2024-02-16", "close": 21.196943, "volume": 56722, "typical_volume": 15231.15, "trend": 20.677491, "fair_value": 20.255035, "relative_strength": -9.57345, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.938569, "energy": 71.182416, "activity_lines": [ 21.177391, 21.124929, 20.97105, 20.842588 ] }, { "date": "2024-02-23", "close": 21.247503, "volume": 285, "typical_volume": 15204.55, "trend": 20.708717, "fair_value": 20.259653, "relative_strength": -10.52006, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.592835, "energy": 73.024883, "activity_lines": [ 21.207279, 21.157011, 21.010967, 20.879362 ] }, { "date": "2024-03-01", "close": 21.309291, "volume": 2988, "typical_volume": 15285.4, "trend": 20.740122, "fair_value": 20.264695, "relative_strength": -10.8331, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.454721, "energy": 82.033984, "activity_lines": [ 21.24669, 21.193565, 21.053051, 20.918109 ] }, { "date": "2024-03-08", "close": 21.36787, "volume": 522, "typical_volume": 15305.55, "trend": 20.776228, "fair_value": 20.270217, "relative_strength": -9.997148, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.418145, "energy": 85.708776, "activity_lines": [ 21.29399, 21.234366, 21.096849, 20.958609 ] }, { "date": "2024-03-15", "close": 21.322576, "volume": 4065, "typical_volume": 15103.85, "trend": 20.809377, "fair_value": 20.275449, "relative_strength": -9.753854, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.260871, "energy": 87.310539, "activity_lines": [ 21.313612, 21.260107, 21.132067, 20.993857 ] }, { "date": "2024-03-22", "close": 21.408845, "volume": 124, "typical_volume": 15067.0, "trend": 20.845884, "fair_value": 20.281236, "relative_strength": -10.985101, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.841772, "energy": 94.006025, "activity_lines": [ 21.353615, 21.295373, 21.171617, 21.032533 ] }, { "date": "2024-03-29", "close": 21.44463, "volume": 467, "typical_volume": 14983.65, "trend": 20.881547, "fair_value": 20.287411, "relative_strength": -10.836954, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.197991, "energy": 82.654558, "activity_lines": [ 21.391419, 21.331755, 21.210701, 21.071161 ] }, { "date": "2024-04-05", "close": 21.413139, "volume": 1566, "typical_volume": 14624.05, "trend": 20.914414, "fair_value": 20.293305, "relative_strength": -9.852202, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.470355, "energy": 69.915473, "activity_lines": [ 21.405585, 21.355808, 21.242614, 21.105458 ] }, { "date": "2024-04-12", "close": 21.408845, "volume": 4960, "typical_volume": 14861.05, "trend": 20.946556, "fair_value": 20.298987, "relative_strength": -8.252251, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.384648, "energy": 68.384644, "activity_lines": [ 21.411396, 21.374018, 21.270306, 21.137356 ] }, { "date": "2024-04-19", "close": 21.399898, "volume": 444, "typical_volume": 12952.75, "trend": 20.978826, "fair_value": 20.304568, "relative_strength": -5.144453, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.720714, "energy": 67.154985, "activity_lines": [ 21.411493, 21.386425, 21.29341, 21.166604 ] }, { "date": "2024-04-26", "close": 21.395074, "volume": 39632, "typical_volume": 14679.05, "trend": 21.009504, "fair_value": 20.310144, "relative_strength": -7.336325, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.593936, "energy": 64.839153, "activity_lines": [ 21.404827, 21.394265, 21.313011, 21.193459 ] }, { "date": "2024-05-03", "close": 21.502903, "volume": 685, "typical_volume": 12211.35, "trend": 21.04404, "fair_value": 20.316121, "relative_strength": -7.12238, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.36627, "energy": 72.259005, "activity_lines": [ 21.435022, 21.418108, 21.33982, 21.225291 ] }, { "date": "2024-05-10", "close": 21.498321, "volume": 91, "typical_volume": 10750.85, "trend": 21.077401, "fair_value": 20.322069, "relative_strength": -8.514715, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.260972, "energy": 70.073318, "activity_lines": [ 21.459805, 21.436474, 21.363206, 21.2546 ] }, { "date": "2024-05-17", "close": 21.538846, "volume": 6630, "typical_volume": 9828.1, "trend": 21.112963, "fair_value": 20.328268, "relative_strength": -9.524148, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.660747, "energy": 71.601801, "activity_lines": [ 21.492418, 21.458771, 21.387873, 21.28437 ] }, { "date": "2024-05-24", "close": 21.537165, "volume": 1729, "typical_volume": 9378.8, "trend": 21.147296, "fair_value": 20.334404, "relative_strength": -9.228929, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.857348, "energy": 70.269549, "activity_lines": [ 21.515803, 21.477654, 21.409779, 21.311738 ] }, { "date": "2024-05-31", "close": 21.586769, "volume": 2169, "typical_volume": 6869.45, "trend": 21.180355, "fair_value": 20.340725, "relative_strength": -8.399522, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.79265, "energy": 79.110447, "activity_lines": [ 21.546573, 21.501655, 21.433773, 21.340091 ] }, { "date": "2024-06-07", "close": 21.627354, "volume": 3460, "typical_volume": 6910.95, "trend": 21.215645, "fair_value": 20.347228, "relative_strength": -9.096093, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.953585, "energy": 85.552852, "activity_lines": [ 21.57809, 21.529799, 21.459374, 21.36893 ] }, { "date": "2024-06-14", "close": 21.699505, "volume": 1117, "typical_volume": 6462.35, "trend": 21.251875, "fair_value": 20.354245, "relative_strength": -10.020372, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.018515, "energy": 91.183549, "activity_lines": [ 21.625362, 21.56774, 21.489247, 21.400147 ] }, { "date": "2024-06-21", "close": 21.706513, "volume": 208, "typical_volume": 6405.5, "trend": 21.287951, "fair_value": 20.361323, "relative_strength": -10.280731, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.36555, "energy": 93.061983, "activity_lines": [ 21.661557, 21.601748, 21.517098, 21.429478 ] }, { "date": "2024-06-28", "close": 21.742736, "volume": 960, "typical_volume": 6441.2, "trend": 21.320679, "fair_value": 20.3685, "relative_strength": -9.840641, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.456946, "energy": 93.804582, "activity_lines": [ 21.698648, 21.63693, 21.545888, 21.458819 ] }, { "date": "2024-07-05", "close": 21.815181, "volume": 238, "typical_volume": 3617.0, "trend": 21.356116, "fair_value": 20.375904, "relative_strength": -10.957098, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.031571, "energy": 96.080996, "activity_lines": [ 21.746183, 21.679051, 21.578977, 21.490723 ] }, { "date": "2024-07-12", "close": 21.887627, "volume": 310, "typical_volume": 3618.25, "trend": 21.38985, "fair_value": 20.383799, "relative_strength": -11.256883, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.983896, "energy": 97.964387, "activity_lines": [ 21.80264, 21.726705, 21.616023, 21.525014 ] }, { "date": "2024-07-19", "close": 21.901301, "volume": 728, "typical_volume": 3505.25, "trend": 21.421326, "fair_value": 20.391601, "relative_strength": -9.19915, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.647131, "energy": 96.012933, "activity_lines": [ 21.846303, 21.76985, 21.651323, 21.55801 ] }, { "date": "2024-07-26", "close": 21.962574, "volume": 658, "typical_volume": 3512.05, "trend": 21.453659, "fair_value": 20.399776, "relative_strength": -7.993393, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.570705, "energy": 96.49864, "activity_lines": [ 21.896937, 21.816809, 21.689639, 21.59293 ] }, { "date": "2024-08-02", "close": 22.143148, "volume": 567, "typical_volume": 3337.15, "trend": 21.492308, "fair_value": 20.409215, "relative_strength": -5.033509, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 98.741442, "energy": 99.301727, "activity_lines": [ 21.990692, 21.888896, 21.742321, 21.637413 ] }, { "date": "2024-08-09", "close": 22.094413, "volume": 266, "typical_volume": 3344.25, "trend": 21.525041, "fair_value": 20.418288, "relative_strength": -5.062259, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.254204, "energy": 93.939509, "activity_lines": [ 22.041507, 21.941103, 21.786453, 21.676258 ] }, { "date": "2024-08-16", "close": 22.126236, "volume": 883, "typical_volume": 3365.05, "trend": 21.559868, "fair_value": 20.427528, "relative_strength": -8.287069, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.495009, "energy": 92.297486, "activity_lines": [ 22.084315, 21.989867, 21.830352, 21.715045 ] }, { "date": "2024-08-23", "close": 22.189458, "volume": 1413, "typical_volume": 3357.4, "trend": 21.595026, "fair_value": 20.43712, "relative_strength": -9.009174, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.735723, "energy": 88.303759, "activity_lines": [ 22.13229, 22.041055, 21.877027, 21.755664 ] }, { "date": "2024-08-30", "close": 22.19731, "volume": 2031, "typical_volume": 3210.95, "trend": 21.628964, "fair_value": 20.446709, "relative_strength": -8.96846, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.393995, "energy": 73.396846, "activity_lines": [ 22.163671, 22.084763, 21.920752, 21.794521 ] }, { "date": "2024-09-06", "close": 22.312708, "volume": 6735, "typical_volume": 3525.5, "trend": 21.666156, "fair_value": 20.457039, "relative_strength": -4.324913, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.577256, "energy": 77.639654, "activity_lines": [ 22.217869, 22.140528, 21.971713, 21.838633 ] }, { "date": "2024-09-13", "close": 22.385744, "volume": 18044, "typical_volume": 2446.1, "trend": 21.705783, "fair_value": 20.467942, "relative_strength": -7.430514, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.287392, "energy": 77.927261, "activity_lines": [ 22.285109, 22.199209, 22.025283, 21.885058 ] }, { "date": "2024-09-20", "close": 22.417999, "volume": 17486, "typical_volume": 3286.15, "trend": 21.744799, "fair_value": 20.479137, "relative_strength": -8.241741, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.439354, "energy": 76.207167, "activity_lines": [ 22.343678, 22.253382, 22.077208, 21.931008 ] }, { "date": "2024-09-27", "close": 22.427204, "volume": 11757, "typical_volume": 3869.45, "trend": 21.782063, "fair_value": 20.490257, "relative_strength": -8.339972, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.854477, "energy": 73.554015, "activity_lines": [ 22.385865, 22.299584, 22.125652, 21.975034 ] }, { "date": "2024-10-04", "close": 22.344362, "volume": 8976, "typical_volume": 3986.75, "trend": 21.814613, "fair_value": 20.500953, "relative_strength": -8.537258, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.534173, "energy": 68.724172, "activity_lines": [ 22.384588, 22.321163, 22.161782, 22.011311 ] }, { "date": "2024-10-11", "close": 22.371976, "volume": 13896, "typical_volume": 4595.1, "trend": 21.849593, "fair_value": 20.512012, "relative_strength": -9.075537, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.016184, "energy": 67.81952, "activity_lines": [ 22.382712, 22.340821, 22.196707, 22.04727 ] }, { "date": "2024-10-18", "close": 22.39959, "volume": 8447, "typical_volume": 4909.0, "trend": 21.882618, "fair_value": 20.523382, "relative_strength": -9.293683, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.37469, "energy": 67.882505, "activity_lines": [ 22.38609, 22.361339, 22.230287, 22.082754 ] }, { "date": "2024-10-25", "close": 22.346974, "volume": 24228, "typical_volume": 5947.4, "trend": 21.912696, "fair_value": 20.534387, "relative_strength": -8.136765, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.817075, "energy": 62.964514, "activity_lines": [ 22.371006, 22.366742, 22.254984, 22.112712 ] }, { "date": "2024-11-01", "close": 22.351595, "volume": 19191, "typical_volume": 6851.1, "trend": 21.943978, "fair_value": 20.545237, "relative_strength": -6.450316, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.24064, "energy": 58.808576, "activity_lines": [ 22.362197, 22.368971, 22.276696, 22.141028 ] }, { "date": "2024-11-08", "close": 22.379413, "volume": 3140, "typical_volume": 6997.7, "trend": 21.97633, "fair_value": 20.55661, "relative_strength": -10.176248, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.454627, "energy": 57.889491, "activity_lines": [ 22.367702, 22.373311, 22.297951, 22.169121 ] }, { "date": "2024-11-15", "close": 22.397805, "volume": 6079, "typical_volume": 7253.65, "trend": 22.009593, "fair_value": 20.568022, "relative_strength": -7.84824, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.474067, "energy": 58.203178, "activity_lines": [ 22.377, 22.377683, 22.317753, 22.196313 ] }, { "date": "2024-11-22", "close": 22.432388, "volume": 6153, "typical_volume": 7549.4, "trend": 22.044171, "fair_value": 20.579629, "relative_strength": -8.870444, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.2121, "energy": 65.201899, "activity_lines": [ 22.396104, 22.386796, 22.33773, 22.22359 ] }, { "date": "2024-11-29", "close": 22.506916, "volume": 7893, "typical_volume": 7928.55, "trend": 22.077638, "fair_value": 20.591821, "relative_strength": -9.277979, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.637582, "energy": 70.419603, "activity_lines": [ 22.437865, 22.408612, 22.361866, 22.253445 ] }, { "date": "2024-12-06", "close": 22.562603, "volume": 1159, "typical_volume": 7950.1, "trend": 22.113114, "fair_value": 20.604503, "relative_strength": -9.477631, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.150527, "energy": 77.220448, "activity_lines": [ 22.487524, 22.438935, 22.388356, 22.284733 ] }, { "date": "2024-12-13", "close": 22.544134, "volume": 7287, "typical_volume": 8281.55, "trend": 22.146623, "fair_value": 20.61696, "relative_strength": -8.687868, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.107485, "energy": 85.022114, "activity_lines": [ 22.516961, 22.463439, 22.409938, 22.31254 ] }, { "date": "2024-12-20", "close": 22.543633, "volume": 7353, "typical_volume": 8620.85, "trend": 22.180172, "fair_value": 20.629533, "relative_strength": -6.68963, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.325603, "energy": 86.179926, "activity_lines": [ 22.535249, 22.48422, 22.428704, 22.338154 ] }, { "date": "2024-12-27", "close": 22.562322, "volume": 3402, "typical_volume": 8777.65, "trend": 22.212691, "fair_value": 20.6422, "relative_strength": -6.919713, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.631675, "energy": 83.646441, "activity_lines": [ 22.550044, 22.505278, 22.447342, 22.362809 ] }, { "date": "2025-01-03", "close": 22.595027, "volume": 6640, "typical_volume": 9065.5, "trend": 22.244947, "fair_value": 20.655423, "relative_strength": -5.981206, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.708204, "energy": 76.268491, "activity_lines": [ 22.56708, 22.529323, 22.466866, 22.387476 ] }, { "date": "2025-01-10", "close": 22.608203, "volume": 17719, "typical_volume": 9880.8, "trend": 22.275236, "fair_value": 20.668837, "relative_strength": -3.799811, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.662459, "energy": 70.645119, "activity_lines": [ 22.582633, 22.551254, 22.485413, 22.410912 ] }, { "date": "2025-01-17", "close": 22.705293, "volume": 261980, "typical_volume": 22878.25, "trend": 22.308529, "fair_value": 20.682796, "relative_strength": -5.869659, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.60552, "energy": 74.955751, "activity_lines": [ 22.627509, 22.586172, 22.511213, 22.438657 ] }, { "date": "2025-01-24", "close": 22.726212, "volume": 66616, "typical_volume": 25872.3, "trend": 22.341312, "fair_value": 20.697075, "relative_strength": -7.103776, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.572037, "energy": 72.688458, "activity_lines": [ 22.668614, 22.618968, 22.536586, 22.465604 ] }, { "date": "2025-01-31", "close": 22.753066, "volume": 16061, "typical_volume": 25773.15, "trend": 22.372574, "fair_value": 20.712034, "relative_strength": -5.792147, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.886429, "energy": 71.335987, "activity_lines": [ 22.706499, 22.650676, 22.562548, 22.492169 ] }, { "date": "2025-02-07", "close": 22.769628, "volume": 1348860, "typical_volume": 92341.85, "trend": 22.401974, "fair_value": 20.727205, "relative_strength": -5.334995, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.325979, "energy": 70.308872, "activity_lines": [ 22.737189, 22.679564, 22.588338, 22.517786 ] }, { "date": "2025-02-14", "close": 22.788435, "volume": 131117, "typical_volume": 98309.85, "trend": 22.431546, "fair_value": 20.742551, "relative_strength": -6.392547, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.91794, "energy": 66.418003, "activity_lines": [ 22.762507, 22.707096, 22.614244, 22.542719 ] }, { "date": "2025-02-21", "close": 22.844246, "volume": 12860, "typical_volume": 98504.05, "trend": 22.460935, "fair_value": 20.758848, "relative_strength": -4.438971, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.656762, "energy": 67.766625, "activity_lines": [ 22.794413, 22.740669, 22.643746, 22.569344 ] }, { "date": "2025-02-28", "close": 22.97453, "volume": 25728, "typical_volume": 99095.65, "trend": 22.488647, "fair_value": 20.77542, "relative_strength": -2.802011, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.800242, "energy": 72.154091, "activity_lines": [ 22.860484, 22.792473, 22.683275, 22.60248 ] }, { "date": "2025-03-07", "close": 22.975562, "volume": 56596, "typical_volume": 101503.1, "trend": 22.518019, "fair_value": 20.792827, "relative_strength": 0.400645, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.931348, "energy": 67.337319, "activity_lines": [ 22.910344, 22.83663, 22.720033, 22.633893 ] }, { "date": "2025-03-14", "close": 22.900618, "volume": 122649, "typical_volume": 106424.15, "trend": 22.543832, "fair_value": 20.810261, "relative_strength": 2.480471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.888953, "energy": 60.592989, "activity_lines": [ 22.92039, 22.859648, 22.746911, 22.658577 ] }, { "date": "2025-03-21", "close": 22.921319, "volume": 187760, "typical_volume": 114852.6, "trend": 22.568227, "fair_value": 20.828523, "relative_strength": 2.10057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.599973, "energy": 56.714472, "activity_lines": [ 22.928604, 22.880873, 22.773124, 22.682931 ] }, { "date": "2025-03-28", "close": 22.954946, "volume": 28595, "typical_volume": 116125.35, "trend": 22.593482, "fair_value": 20.847241, "relative_strength": 3.791746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.51581, "energy": 53.108141, "activity_lines": [ 22.939168, 22.90252, 22.799827, 22.707881 ] }, { "date": "2025-04-04", "close": 23.05253, "volume": 17607, "typical_volume": 116701.75, "trend": 22.618142, "fair_value": 20.866879, "relative_strength": 14.415941, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.02987, "energy": 53.443034, "activity_lines": [ 22.974879, 22.93737, 22.833083, 22.737497 ] }, { "date": "2025-04-11", "close": 22.812054, "volume": 22322, "typical_volume": 117510.2, "trend": 22.632353, "fair_value": 20.884922, "relative_strength": 7.130357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.809509, "energy": 37.462882, "activity_lines": [ 22.925232, 22.922563, 22.840318, 22.750007 ] }, { "date": "2025-04-18", "close": 22.931397, "volume": 5030, "typical_volume": 117367.05, "trend": 22.649466, "fair_value": 20.904099, "relative_strength": 9.242068, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.050592, "energy": 32.286839, "activity_lines": [ 22.926267, 22.928383, 22.857112, 22.7693 ] }, { "date": "2025-04-25", "close": 22.9921, "volume": 194501, "typical_volume": 127034.15, "trend": 22.668296, "fair_value": 20.923531, "relative_strength": 4.755654, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.636807, "energy": 38.385965, "activity_lines": [ 22.945484, 22.942299, 22.877665, 22.791406 ] }, { "date": "2025-05-02", "close": 23.02994, "volume": 71648, "typical_volume": 130252.2, "trend": 22.691149, "fair_value": 20.943072, "relative_strength": 2.039932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.780289, "energy": 37.798556, "activity_lines": [ 22.972595, 22.959392, 22.899778, 22.814738 ] }, { "date": "2025-05-09", "close": 23.063049, "volume": 19578, "typical_volume": 130863.45, "trend": 22.714184, "fair_value": 20.963173, "relative_strength": 2.671081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.741236, "energy": 47.103409, "activity_lines": [ 23.005744, 22.979128, 22.922729, 22.838731 ] }, { "date": "2025-05-16", "close": 23.067779, "volume": 23343, "typical_volume": 131860.5, "trend": 22.736457, "fair_value": 20.983541, "relative_strength": -2.356288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.21324, "energy": 55.881245, "activity_lines": [ 23.039767, 22.998115, 22.943659, 22.861544 ] }, { "date": "2025-05-23", "close": 23.120293, "volume": 3948, "typical_volume": 131725.9, "trend": 22.762235, "fair_value": 21.004085, "relative_strength": 0.477919, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.168368, "energy": 61.147284, "activity_lines": [ 23.074247, 23.024973, 22.967182, 22.886307 ] }, { "date": "2025-05-30", "close": 23.182703, "volume": 19356, "typical_volume": 131807.75, "trend": 22.789938, "fair_value": 21.025404, "relative_strength": -0.906467, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.718811, "energy": 68.526964, "activity_lines": [ 23.116937, 23.059184, 22.994148, 22.913434 ] }, { "date": "2025-06-06", "close": 23.140241, "volume": 26393, "typical_volume": 120028.4, "trend": 22.815299, "fair_value": 21.047016, "relative_strength": -2.584723, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.799156, "energy": 68.015249, "activity_lines": [ 23.132767, 23.080923, 23.014334, 22.936035 ] }, { "date": "2025-06-13", "close": 23.202937, "volume": 8393, "typical_volume": 117117.25, "trend": 22.842137, "fair_value": 21.06962, "relative_strength": -1.893556, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.251606, "energy": 70.706746, "activity_lines": [ 23.162142, 23.110692, 23.03842, 22.961044 ] }, { "date": "2025-06-20", "close": 23.270856, "volume": 5660, "typical_volume": 116597.2, "trend": 22.870086, "fair_value": 21.092215, "relative_strength": -1.390747, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.006485, "energy": 77.878109, "activity_lines": [ 23.20483, 23.150075, 23.066705, 22.988703 ] }, { "date": "2025-06-27", "close": 23.352813, "volume": 23264, "typical_volume": 50317.4, "trend": 22.898282, "fair_value": 21.114584, "relative_strength": -4.248839, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.046287, "energy": 81.183137, "activity_lines": [ 23.261299, 23.196017, 23.100329, 23.019847 ] }, { "date": "2025-07-04", "close": 23.332395, "volume": 14374, "typical_volume": 44480.25, "trend": 22.923942, "fair_value": 21.137492, "relative_strength": -5.813597, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.755014, "energy": 82.284135, "activity_lines": [ 23.295461, 23.230585, 23.129232, 23.047854 ] }, { "date": "2025-07-11", "close": 23.337166, "volume": 7748, "typical_volume": 44224.65, "trend": 22.950376, "fair_value": 21.160594, "relative_strength": -5.435846, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.332778, "energy": 87.340458, "activity_lines": [ 23.321233, 23.259833, 23.155999, 23.074513 ] }, { "date": "2025-07-18", "close": 23.370559, "volume": 3834, "typical_volume": 43129.95, "trend": 22.977941, "fair_value": 21.183394, "relative_strength": -5.753804, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.73747, "energy": 87.418001, "activity_lines": [ 23.345008, 23.289567, 23.183598, 23.101622 ] }, { "date": "2025-07-25", "close": 23.390074, "volume": 3425, "typical_volume": 40471.4, "trend": 23.005532, "fair_value": 21.206239, "relative_strength": -6.897543, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.550251, "energy": 84.891712, "activity_lines": [ 23.364114, 23.317258, 23.211171, 23.128211 ] }, { "date": "2025-08-01", "close": 23.495456, "volume": 11982, "typical_volume": 34938.05, "trend": 23.035547, "fair_value": 21.230298, "relative_strength": -3.96422, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.971622, "energy": 90.200457, "activity_lines": [ 23.410399, 23.358249, 23.246806, 23.159819 ] }, { "date": "2025-08-08", "close": 23.553033, "volume": 8020, "typical_volume": 25951.05, "trend": 23.067041, "fair_value": 21.254591, "relative_strength": -5.834433, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.632458, "energy": 89.10131, "activity_lines": [ 23.466366, 23.402888, 23.285092, 23.193205 ] }, { "date": "2025-08-15", "close": 23.572097, "volume": 19365, "typical_volume": 25489.55, "trend": 23.095934, "fair_value": 21.279088, "relative_strength": -6.502033, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.278109, "energy": 90.751702, "activity_lines": [ 23.513979, 23.44426, 23.322185, 23.22579 ] }, { "date": "2025-08-22", "close": 23.621161, "volume": 13215, "typical_volume": 25269.95, "trend": 23.125766, "fair_value": 21.303994, "relative_strength": -6.424615, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.875503, "energy": 90.871488, "activity_lines": [ 23.562285, 23.4867, 23.361013, 23.259675 ] }, { "date": "2025-08-29", "close": 23.67902, "volume": 8745, "typical_volume": 24591.1, "trend": 23.156631, "fair_value": 21.329082, "relative_strength": -6.011598, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.899044, "energy": 92.579182, "activity_lines": [ 23.61317, 23.532056, 23.402643, 23.295369 ] }, { "date": "2025-09-05", "close": 23.746523, "volume": 1406189, "typical_volume": 94649.05, "trend": 23.189194, "fair_value": 21.35471, "relative_strength": -5.825339, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.194475, "energy": 92.75825, "activity_lines": [ 23.667294, 23.582265, 23.446573, 23.333427 ] }, { "date": "2025-09-12", "close": 23.564555, "volume": 12572, "typical_volume": 85552.6, "trend": 23.215065, "fair_value": 21.379659, "relative_strength": -7.788686, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.17627, "energy": 65.987162, "activity_lines": [ 23.644023, 23.592229, 23.469292, 23.357643 ] }, { "date": "2025-09-19", "close": 23.548836, "volume": 15490, "typical_volume": 82744.7, "trend": 23.238551, "fair_value": 21.404946, "relative_strength": -8.774484, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.147685, "energy": 59.909922, "activity_lines": [ 23.614745, 23.595115, 23.487787, 23.379177 ] }, { "date": "2025-09-26", "close": 23.526645, "volume": 30310, "typical_volume": 83281.3, "trend": 23.256955, "fair_value": 21.430606, "relative_strength": -8.412647, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.917622, "energy": 44.97109, "activity_lines": [ 23.57962, 23.590118, 23.501698, 23.397764 ] }, { "date": "2025-10-03", "close": 23.56051, "volume": 12061, "typical_volume": 82717.2, "trend": 23.276453, "fair_value": 21.457052, "relative_strength": -9.101688, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.054413, "energy": 31.579091, "activity_lines": [ 23.562085, 23.58844, 23.516627, 23.417348 ] }, { "date": "2025-10-10", "close": 23.585086, "volume": 11331, "typical_volume": 83086.35, "trend": 23.299269, "fair_value": 21.483979, "relative_strength": -6.614105, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.791207, "energy": 29.439888, "activity_lines": [ 23.560642, 23.588131, 23.53155, 23.43726 ] }, { "date": "2025-10-17", "close": 23.633078, "volume": 5378, "typical_volume": 82387.45, "trend": 23.322994, "fair_value": 21.511454, "relative_strength": -7.878464, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.372703, "energy": 35.468948, "activity_lines": [ 23.585959, 23.594918, 23.548831, 23.458796 ] }, { "date": "2025-10-24", "close": 23.640219, "volume": 7259, "typical_volume": 81430.75, "trend": 23.345837, "fair_value": 21.538974, "relative_strength": -9.412991, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.027706, "energy": 42.85659, "activity_lines": [ 23.609089, 23.601549, 23.564647, 23.479262 ] }, { "date": "2025-10-31", "close": 23.572217, "volume": 7918, "typical_volume": 81407.0, "trend": 23.36316, "fair_value": 21.566601, "relative_strength": -10.083702, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.973777, "energy": 38.230682, "activity_lines": [ 23.603458, 23.594577, 23.571605, 23.493867 ] }, { "date": "2025-11-07", "close": 23.635362, "volume": 29342, "typical_volume": 82591.1, "trend": 23.390603, "fair_value": 21.594063, "relative_strength": -8.231511, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.326923, "energy": 40.48553, "activity_lines": [ 23.615838, 23.599976, 23.582819, 23.511428 ] }, { "date": "2025-11-14", "close": 23.635362, "volume": 24377, "typical_volume": 82646.75, "trend": 23.414069, "fair_value": 21.621633, "relative_strength": -8.200483, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.789331, "energy": 36.137153, "activity_lines": [ 23.623228, 23.606168, 23.592298, 23.527219 ] }, { "date": "2025-11-21", "close": 23.705623, "volume": 17524, "typical_volume": 82804.25, "trend": 23.437853, "fair_value": 21.649529, "relative_strength": -6.023712, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.151108, "energy": 42.183231, "activity_lines": [ 23.650687, 23.627156, 23.607122, 23.546029 ] }, { "date": "2025-11-28", "close": 23.744645, "volume": 5294, "typical_volume": 82681.55, "trend": 23.461676, "fair_value": 21.677023, "relative_strength": -9.084634, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.563288, "energy": 53.927548, "activity_lines": [ 23.686316, 23.652675, 23.623885, 23.565822 ] }, { "date": "2025-12-05", "close": 23.720256, "volume": 4818, "typical_volume": 82730.75, "trend": 23.483583, "fair_value": 21.704496, "relative_strength": -9.346844, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.205647, "energy": 54.539068, "activity_lines": [ 23.706854, 23.670199, 23.636386, 23.582505 ] }, { "date": "2025-12-12", "close": 23.734889, "volume": 15917, "typical_volume": 83355.35, "trend": 23.50582, "fair_value": 21.731382, "relative_strength": -8.632224, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.480521, "energy": 69.990155, "activity_lines": [ 23.722401, 23.686863, 23.648614, 23.598718 ] }, { "date": "2025-12-19", "close": 23.788544, "volume": 5044, "typical_volume": 83008.45, "trend": 23.528095, "fair_value": 21.758678, "relative_strength": -8.368806, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.657078, "energy": 73.450911, "activity_lines": [ 23.749197, 23.710112, 23.664311, 23.616958 ] }, { "date": "2025-12-26", "close": 23.800301, "volume": 14224, "typical_volume": 83318.65, "trend": 23.548682, "fair_value": 21.786185, "relative_strength": -9.436981, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.965046, "energy": 74.69255, "activity_lines": [ 23.7697, 23.7318, 23.679732, 23.63452 ] }, { "date": "2026-01-02", "close": 23.805208, "volume": 39039, "typical_volume": 84302.35, "trend": 23.570848, "fair_value": 21.813206, "relative_strength": -8.296876, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.051137, "energy": 68.509695, "activity_lines": [ 23.785527, 23.751339, 23.694442, 23.65107 ] }, { "date": "2026-01-09", "close": 23.834946, "volume": 7035, "typical_volume": 83993.35, "trend": 23.591914, "fair_value": 21.839433, "relative_strength": -9.392142, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.693713, "energy": 65.937307, "activity_lines": [ 23.807229, 23.773285, 23.710875, 23.668109 ] }, { "date": "2026-01-16", "close": 23.864095, "volume": 12961, "typical_volume": 84204.15, "trend": 23.611689, "fair_value": 21.865273, "relative_strength": -8.782987, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.238448, "energy": 66.120684, "activity_lines": [ 23.831002, 23.795755, 23.729066, 23.685669 ] }, { "date": "2026-01-23", "close": 23.871606, "volume": 11986, "typical_volume": 14494.0, "trend": 23.628982, "fair_value": 21.891188, "relative_strength": -8.284153, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.82232, "energy": 59.706678, "activity_lines": [ 23.848664, 23.815431, 23.747091, 23.702438 ] }, { "date": "2026-01-30", "close": 23.920785, "volume": 12516, "typical_volume": 14491.2, "trend": 23.648595, "fair_value": 21.916981, "relative_strength": -8.28722, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.198189, "energy": 75.544633, "activity_lines": [ 23.877182, 23.839753, 23.769204, 23.721264 ] }, { "date": "2026-02-06", "close": 23.9798, "volume": 3612, "typical_volume": 13897.3, "trend": 23.670016, "fair_value": 21.943399, "relative_strength": -7.710674, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.289781, "energy": 84.086783, "activity_lines": [ 23.91734, 23.870894, 23.795241, 23.742632 ] }, { "date": "2026-02-13", "close": 24.063405, "volume": 217889, "typical_volume": 23276.25, "trend": 23.693111, "fair_value": 21.970461, "relative_strength": -6.063098, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.229684, "energy": 95.106453, "activity_lines": [ 23.973726, 23.91296, 23.827188, 23.768012 ] }, { "date": "2026-02-20", "close": 24.035865, "volume": 8253, "typical_volume": 23085.85, "trend": 23.714638, "fair_value": 21.997568, "relative_strength": -7.041704, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.84396, "energy": 91.443468, "activity_lines": [ 24.005701, 23.943779, 23.853957, 23.790125 ] }, { "date": "2026-02-27", "close": 24.124777, "volume": 34033, "typical_volume": 24220.95, "trend": 23.735615, "fair_value": 22.02519, "relative_strength": -6.039611, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.158224, "energy": 95.017174, "activity_lines": [ 24.055863, 23.985292, 23.886929, 23.816585 ] }, { "date": "2026-03-06", "close": 24.060562, "volume": 5887, "typical_volume": 24246.4, "trend": 23.752533, "fair_value": 22.051879, "relative_strength": -4.167527, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.149113, "energy": 87.562769, "activity_lines": [ 24.067742, 24.009016, 23.911216, 23.83755 ] }, { "date": "2026-03-13", "close": 24.001288, "volume": 12289, "typical_volume": 24497.9, "trend": 23.766839, "fair_value": 22.077421, "relative_strength": -2.700338, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.073415, "energy": 66.35513, "activity_lines": [ 24.050544, 24.017232, 23.927822, 23.853598 ] }, { "date": "2026-03-20", "close": 23.947743, "volume": 8205, "typical_volume": 24512.25, "trend": 23.777725, "fair_value": 22.102367, "relative_strength": -0.924157, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.343035, "energy": 57.977244, "activity_lines": [ 24.014065, 24.012146, 23.937609, 23.86527 ] }, { "date": "2026-03-27", "close": 23.942784, "volume": 3220, "typical_volume": 23206.15, "trend": 23.786517, "fair_value": 22.127775, "relative_strength": 1.528248, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.04032, "energy": 36.660279, "activity_lines": [ 23.983644, 24.004108, 23.945136, 23.875919 ] }, { "date": "2026-04-03", "close": 24.012212, "volume": 2755, "typical_volume": 22125.05, "trend": 23.795373, "fair_value": 22.153052, "relative_strength": -1.064956, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.238363, "energy": 31.821375, "activity_lines": [ 23.982571, 24.007263, 23.957811, 23.890479 ] }, { "date": "2026-04-10", "close": 24.032049, "volume": 4477, "typical_volume": 21472.7, "trend": 23.810957, "fair_value": 22.178895, "relative_strength": -4.035594, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.280766, "energy": 34.775993, "activity_lines": [ 23.995615, 24.011468, 23.970581, 23.905749 ] }, { "date": "2026-04-17", "close": 24.091558, "volume": 4681, "typical_volume": 21442.05, "trend": 23.829047, "fair_value": 22.205109, "relative_strength": -7.464745, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.831313, "energy": 52.283708, "activity_lines": [ 24.030396, 24.024469, 23.987464, 23.923852 ] }, { "date": "2026-04-24", "close": 24.023316, "volume": 5864, "typical_volume": 21494.35, "trend": 23.845603, "fair_value": 22.230087, "relative_strength": -7.802794, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.387536, "energy": 47.224544, "activity_lines": [ 24.036411, 24.023032, 23.996196, 23.936386 ] }, { "date": "2026-05-01", "close": 24.018352, "volume": 3921, "typical_volume": 20894.55, "trend": 23.860864, "fair_value": 22.254591, "relative_strength": -8.304619, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.947753, "energy": 44.526588, "activity_lines": [ 24.035734, 24.02142, 24.003011, 23.947531 ] }, { "date": "2026-05-08", "close": 24.04317, "volume": 6243, "typical_volume": 20954.5, "trend": 23.876134, "fair_value": 22.279282, "relative_strength": -9.904994, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.537356, "energy": 43.049966, "activity_lines": [ 24.038291, 24.024639, 24.010841, 23.959292 ] }, { "date": "2026-05-15", "close": 23.993535, "volume": 42630, "typical_volume": 22374.8, "trend": 23.888149, "fair_value": 22.304317, "relative_strength": -9.953725, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.455777, "energy": 29.173722, "activity_lines": [ 24.02224, 24.020318, 24.012731, 23.966867 ] }, { "date": "2026-05-22", "close": 24.021191, "volume": 3573, "typical_volume": 20601.5, "trend": 23.900848, "fair_value": 22.329799, "relative_strength": -10.241142, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.209471, "energy": 22.656883, "activity_lines": [ 24.017975, 24.022243, 24.016334, 23.97545 ] }, { "date": "2026-05-29", "close": 24.089667, "volume": 8980, "typical_volume": 20698.75, "trend": 23.918097, "fair_value": 22.355444, "relative_strength": -10.896056, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.429696, "energy": 35.236032, "activity_lines": [ 24.041226, 24.036257, 24.025431, 23.987632 ] }, { "date": "2026-06-05", "close": 24.071028, "volume": 14297, "typical_volume": 20765.55, "trend": 23.932619, "fair_value": 22.380831, "relative_strength": -8.36281, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 56.696792, "energy": 34.932894, "activity_lines": [ 24.053841, 24.044302, 24.03154, 23.997498 ] }, { "date": "2026-06-12", "close": 24.135815, "volume": 1350432, "typical_volume": 87687.85, "trend": 23.9493, "fair_value": 22.406467, "relative_strength": -8.301097, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.862044, "energy": 56.718215, "activity_lines": [ 24.08454, 24.061794, 24.042833, 24.010608 ] }, { "date": "2026-06-19", "close": 24.045339, "volume": 6340, "typical_volume": 87379.05, "trend": 23.960624, "fair_value": 22.43124, "relative_strength": -9.122982, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.9645, "energy": 47.664034, "activity_lines": [ 24.078904, 24.060588, 24.044251, 24.016804 ] }, { "date": "2026-06-26", "close": 24.119245, "volume": 9774, "typical_volume": 87687.15, "trend": 23.973111, "fair_value": 22.456488, "relative_strength": -6.354158, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.809199, "energy": 50.910231, "activity_lines": [ 24.09445, 24.072579, 24.052115, 24.027037 ] }, { "date": "2026-07-03", "close": 24.089358, "volume": 23393, "typical_volume": 77962.35, "trend": 23.985414, "fair_value": 22.481595, "relative_strength": -8.184259, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.405053, "energy": 39.90404, "activity_lines": [ 24.093496, 24.078632, 24.056469, 24.034537 ] }, { "date": "2026-07-10", "close": 24.074414, "volume": 6298, "typical_volume": 77864.6, "trend": 23.996732, "fair_value": 22.505945, "relative_strength": -9.182471, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.446364, "energy": 29.633413, "activity_lines": [ 24.087582, 24.080767, 24.059276, 24.040279 ] }, { "date": "2026-07-17", "close": 24.119245, "volume": 4483, "typical_volume": 76387.1, "trend": 24.007755, "fair_value": 22.530442, "relative_strength": -7.322027, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.478307, "energy": 36.002217, "activity_lines": [ 24.096386, 24.090034, 24.066169, 24.048183 ] }, { "date": "2026-07-24", "close": 24.09, "volume": 11321, "typical_volume": 76658.8, "trend": 24.017412, "fair_value": 22.554668, "relative_strength": -6.656595, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.255197, "energy": 27.626426, "activity_lines": [ 24.096546, 24.092601, 24.070303, 24.053489 ] }, { "date": "2026-07-31", "close": 24.12, "volume": 8510, "typical_volume": 76469.85, "trend": 24.027905, "fair_value": 22.578724, "relative_strength": -7.251356, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.363365, "energy": 30.324258, "activity_lines": [ 24.103728, 24.098868, 24.077154, 24.060108 ] }, { "date": "2026-08-07", "close": 24.2, "volume": 3904, "typical_volume": 76254.8, "trend": 24.040073, "fair_value": 22.603823, "relative_strength": -9.797512, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.760316, "energy": 49.12224, "activity_lines": [ 24.137527, 24.117884, 24.091058, 24.071211 ] } ], "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." } } }