{ "ticker": { "uuid": "5a08c18b-e727-4705-8650-49ecd533d156", "symbol": "LRNZ", "name": "TRUESHARES TECHNOLOGY AI & DEEP LEARNING 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": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 75.025, "architecture_energy": 53.376, "architecture_maturity": 94.583, "architecture_confidence": 82.826, "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": 21.45, "rotation_up": 45.85, "upward_expansion": 75.81, "deceleration": 91.47, "rotation_down": 29.44, "downward_expansion": 13.81 }, "activity_lines": [ 60.729867, 60.687796, 57.783385, 54.137852 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.5 }, "latest_close": 63.59, "trend_reference": 50.149383, "distance_from_trend": 0.268012, "trend_direction": "Improving", "fair_value": 41.414831, "distance_from_fair_value": 0.53544, "fair_value_direction": "Improving", "relative_strength": 16.80525, "relative_strength_direction": "Improving", "price_momentum": 0.512585, "excess_performance": 0.386961, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.268012, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.090169, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.53544, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.267744, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.168052, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.182538, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.512585, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.503538, "read": "Demand-led" } ], "volume": { "latest": 17376, "relative_activity": 0.857471, "balance": 1.503538, "dry_up": 0.635232, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.060739, "annualized_volatility": 0.324506, "from_high_reference": -0.015635, "from_low_reference": 0.678279 }, "levels": { "trend_reference": 50.149383, "fair_value_reference": 41.414831, "structural_low": 37.89, "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": 0.000246, "positive_rate": 0.52, "directional_follow_through": 0.52, "median_excess_return": -0.016535, "regime_survival": 0.72, "best_return": 0.160159, "worst_return": -0.192971, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.005136, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.065854, "regime_survival": 0.4, "best_return": 0.213675, "worst_return": -0.288089, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.033823, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": -0.032385, "regime_survival": 0.0, "best_return": 0.086924, "worst_return": -0.320603, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.27357, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.062552, "regime_survival": 0.333333, "best_return": 0.281312, "worst_return": -0.37376, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2025-01-03", "tenure": "Developing", "return": 0.049504, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-02-07", "tenure": "Developing", "return": 0.115964, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-03-14", "tenure": "Developing", "return": -0.192971, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.166521, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.203581, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.092921, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.018031, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-09-12", "tenure": "New", "return": 0.062191, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-19", "end": "2025-11-28", "tenure": "Developing", "return": 0.015739, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-05", "end": "2026-02-06", "tenure": "Developing", "return": -0.119593, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-02-13", "end": "2026-03-06", "tenure": "New", "return": -0.037189, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-13", "end": "2026-05-08", "tenure": "Developing", "return": 0.197922, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-15", "end": "2026-05-29", "tenure": "New", "return": 0.195016, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-05", "end": "2026-08-07", "tenure": "Developing", "return": 0.105961, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 28.89, "volume": 38364, "typical_volume": 99364.4, "trend": 28.677927, "fair_value": 36.630183, "relative_strength": -1.88193, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.951004, "energy": 19.92444, "activity_lines": [ 30.293107, 31.119709, 30.70089, 29.785772 ] }, { "date": "2023-08-25", "close": 29.52, "volume": 63614, "typical_volume": 101828.8, "trend": 28.78888, "fair_value": 36.56958, "relative_strength": -0.232607, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.171542, "energy": 24.471235, "activity_lines": [ 29.791887, 30.754175, 30.682488, 29.840099 ] }, { "date": "2023-09-01", "close": 31.68, "volume": 59720, "typical_volume": 104248.95, "trend": 28.91379, "fair_value": 36.535944, "relative_strength": 4.499043, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.806514, "energy": 22.869126, "activity_lines": [ 30.223333, 30.839915, 30.856449, 30.026623 ] }, { "date": "2023-09-08", "close": 31.5634, "volume": 21372, "typical_volume": 104628.25, "trend": 29.07787, "fair_value": 36.508151, "relative_strength": 5.616342, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.935468, "energy": 15.706471, "activity_lines": [ 30.6898, 30.892133, 30.997011, 30.197565 ] }, { "date": "2023-09-15", "close": 30.89, "volume": 46505, "typical_volume": 106057.45, "trend": 29.200933, "fair_value": 36.468837, "relative_strength": 3.640236, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.258297, "energy": 19.849102, "activity_lines": [ 30.911573, 30.828811, 31.051477, 30.314477 ] }, { "date": "2023-09-22", "close": 29.15, "volume": 27123, "typical_volume": 105019.4, "trend": 29.317617, "fair_value": 36.410509, "relative_strength": 0.868415, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.880593, "energy": 8.759817, "activity_lines": [ 30.45868, 30.459887, 30.91333, 30.311191 ] }, { "date": "2023-09-29", "close": 29.78, "volume": 36698, "typical_volume": 105897.55, "trend": 29.399737, "fair_value": 36.347127, "relative_strength": 3.916863, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.951698, "energy": 6.967634, "activity_lines": [ 30.198453, 30.275856, 30.817358, 30.341022 ] }, { "date": "2023-10-06", "close": 30.1419, "volume": 26851, "typical_volume": 106160.35, "trend": 29.57248, "fair_value": 36.272076, "relative_strength": 4.822101, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.213934, "energy": 13.779558, "activity_lines": [ 30.041527, 30.210898, 30.73996, 30.388904 ] }, { "date": "2023-10-13", "close": 29.08, "volume": 23889, "typical_volume": 97666.8, "trend": 29.659277, "fair_value": 36.190748, "relative_strength": 0.665839, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.257551, "energy": 30.927061, "activity_lines": [ 29.633173, 30.000984, 30.554533, 30.357131 ] }, { "date": "2023-10-20", "close": 28.22, "volume": 35062, "typical_volume": 87451.35, "trend": 29.734033, "fair_value": 36.111656, "relative_strength": 0.142517, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.102706, "energy": 44.868911, "activity_lines": [ 29.103713, 29.674342, 30.293184, 30.264274 ] }, { "date": "2023-10-27", "close": 27.22, "volume": 89519, "typical_volume": 75409.8, "trend": 29.716997, "fair_value": 36.042472, "relative_strength": -0.871872, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.165214, "energy": 60.652003, "activity_lines": [ 28.41892, 29.188609, 29.949574, 30.102078 ] }, { "date": "2023-11-03", "close": 29.5451, "volume": 35646, "typical_volume": 66659.5, "trend": 29.811287, "fair_value": 35.960928, "relative_strength": 1.467206, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.341132, "energy": 49.483136, "activity_lines": [ 28.637827, 29.155985, 29.84649, 30.090988 ] }, { "date": "2023-11-10", "close": 30.4352, "volume": 42540, "typical_volume": 59755.7, "trend": 29.92585, "fair_value": 35.893836, "relative_strength": 3.022259, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.391153, "energy": 22.635143, "activity_lines": [ 29.169093, 29.284742, 29.843391, 30.131241 ] }, { "date": "2023-11-17", "close": 31.825, "volume": 32552, "typical_volume": 56614.1, "trend": 30.08831, "fair_value": 35.827997, "relative_strength": 5.048221, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 17.788244, "energy": 12.701918, "activity_lines": [ 30.144073, 29.688822, 29.975355, 30.253767 ] }, { "date": "2023-11-24", "close": 32.3191, "volume": 15719, "typical_volume": 54717.9, "trend": 30.32424, "fair_value": 35.754777, "relative_strength": 5.354921, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 39.124142, "energy": 35.708701, "activity_lines": [ 31.100753, 30.177982, 30.154936, 30.397689 ] }, { "date": "2023-12-01", "close": 34.8244, "volume": 42806, "typical_volume": 52805.95, "trend": 30.63816, "fair_value": 35.686625, "relative_strength": 12.136651, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 58.253974, "energy": 66.742341, "activity_lines": [ 32.61926, 31.096667, 30.569131, 30.688022 ] }, { "date": "2023-12-08", "close": 35.5574, "volume": 42701, "typical_volume": 50580.35, "trend": 30.94199, "fair_value": 35.617934, "relative_strength": 13.703137, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 86.761473, "energy": 88.667051, "activity_lines": [ 33.87514, 32.045455, 31.044539, 31.005392 ] }, { "date": "2023-12-15", "close": 37.4805, "volume": 48362, "typical_volume": 47238.3, "trend": 31.234877, "fair_value": 35.544952, "relative_strength": 16.461798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.730576, "energy": 96.25277, "activity_lines": [ 35.371233, 33.238853, 31.68954, 31.427231 ] }, { "date": "2023-12-22", "close": 37.9856, "volume": 65483, "typical_volume": 45515.25, "trend": 31.489857, "fair_value": 35.468105, "relative_strength": 16.279441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.31627, "energy": 95.137755, "activity_lines": [ 36.566007, 34.390658, 32.360301, 31.862762 ] }, { "date": "2023-12-29", "close": 38.2106, "volume": 111194, "typical_volume": 45286.0, "trend": 31.732033, "fair_value": 35.408129, "relative_strength": 15.923349, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.648002, "energy": 92.804405, "activity_lines": [ 37.425073, 35.421453, 33.020465, 32.296358 ] }, { "date": "2024-01-05", "close": 35.77, "volume": 85992, "typical_volume": 47667.4, "trend": 31.88342, "fair_value": 35.326672, "relative_strength": 9.62031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.914012, "energy": 86.448908, "activity_lines": [ 37.07784, 35.826855, 33.406569, 32.556872 ] }, { "date": "2024-01-12", "close": 37.23, "volume": 70633, "typical_volume": 48018.35, "trend": 32.033083, "fair_value": 35.251415, "relative_strength": 11.457816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.198479, "energy": 70.344399, "activity_lines": [ 37.154233, 36.342256, 33.898959, 32.901813 ] }, { "date": "2024-01-19", "close": 37.5717, "volume": 51647, "typical_volume": 47614.7, "trend": 32.252063, "fair_value": 35.16469, "relative_strength": 10.675717, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.604086, "energy": 64.470162, "activity_lines": [ 37.23302, 36.78006, 34.387177, 33.259143 ] }, { "date": "2024-01-26", "close": 38.0014, "volume": 53535, "typical_volume": 49222.85, "trend": 32.45402, "fair_value": 35.095757, "relative_strength": 10.423077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.160918, "energy": 61.799889, "activity_lines": [ 37.44896, 37.166236, 34.888263, 33.630068 ] }, { "date": "2024-02-02", "close": 39.18, "volume": 52429, "typical_volume": 49519.05, "trend": 32.710623, "fair_value": 35.018476, "relative_strength": 11.930103, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.696321, "energy": 68.508437, "activity_lines": [ 38.056713, 37.654405, 35.47094, 34.064002 ] }, { "date": "2024-02-09", "close": 41.21, "volume": 86253, "typical_volume": 52475.55, "trend": 32.983653, "fair_value": 34.941942, "relative_strength": 15.620096, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.806879, "energy": 80.496126, "activity_lines": [ 39.276507, 38.386922, 36.207473, 34.612349 ] }, { "date": "2024-02-16", "close": 40.8612, "volume": 71506, "typical_volume": 54215.95, "trend": 33.25536, "fair_value": 34.872519, "relative_strength": 14.595608, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.043385, "energy": 83.470982, "activity_lines": [ 40.017367, 38.939918, 36.85336, 35.120578 ] }, { "date": "2024-02-23", "close": 39.98, "volume": 120210, "typical_volume": 58883.9, "trend": 33.495083, "fair_value": 34.829903, "relative_strength": 9.897357, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.697759, "energy": 68.465801, "activity_lines": [ 40.222413, 39.236264, 37.362554, 35.554425 ] }, { "date": "2024-03-01", "close": 40.2521, "volume": 64472, "typical_volume": 60913.05, "trend": 33.79482, "fair_value": 34.828772, "relative_strength": 9.277047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.244726, "energy": 64.287592, "activity_lines": [ 40.357607, 39.536636, 37.850815, 35.990362 ] }, { "date": "2024-03-08", "close": 39.9469, "volume": 98414, "typical_volume": 64080.65, "trend": 34.14405, "fair_value": 34.810841, "relative_strength": 8.328406, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.62344, "energy": 55.867203, "activity_lines": [ 40.24102, 39.740309, 38.256809, 36.38727 ] }, { "date": "2024-03-15", "close": 38.2214, "volume": 32823, "typical_volume": 61245.85, "trend": 34.455097, "fair_value": 34.792823, "relative_strength": 3.541206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.942603, "energy": 40.250926, "activity_lines": [ 39.49814, 39.598685, 38.442627, 36.650325 ] }, { "date": "2024-03-22", "close": 39.3263, "volume": 57461, "typical_volume": 62336.6, "trend": 34.781973, "fair_value": 34.795319, "relative_strength": 3.9638, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.638965, "energy": 33.492803, "activity_lines": [ 39.3228, 39.613382, 38.681286, 36.964596 ] }, { "date": "2024-03-29", "close": 39.09, "volume": 53502, "typical_volume": 62884.7, "trend": 35.028973, "fair_value": 34.780397, "relative_strength": 2.807991, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.042033, "energy": 26.566692, "activity_lines": [ 39.17102, 39.547, 38.850863, 37.242534 ] }, { "date": "2024-04-05", "close": 37.8258, "volume": 48850, "typical_volume": 63699.6, "trend": 35.23772, "fair_value": 34.751277, "relative_strength": 0.195353, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.642885, "energy": 20.77308, "activity_lines": [ 38.657173, 39.223158, 38.858827, 37.422974 ] }, { "date": "2024-04-12", "close": 37.39, "volume": 53409, "typical_volume": 65584.1, "trend": 35.454387, "fair_value": 34.709088, "relative_strength": 0.330869, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.847887, "energy": 17.393256, "activity_lines": [ 38.159813, 38.823273, 38.796711, 37.561831 ] }, { "date": "2024-04-19", "close": 34.5329, "volume": 61133, "typical_volume": 66500.45, "trend": 35.633817, "fair_value": 34.648328, "relative_strength": -4.485261, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -16.492824, "energy": 24.564797, "activity_lines": [ 36.880547, 37.93646, 38.438343, 37.50238 ] }, { "date": "2024-04-26", "close": 36.9068, "volume": 34269, "typical_volume": 66078.85, "trend": 35.871377, "fair_value": 34.610253, "relative_strength": -0.838758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.271095, "energy": 21.585949, "activity_lines": [ 36.63848, 37.602667, 38.307449, 37.584508 ] }, { "date": "2024-05-03", "close": 37.1638, "volume": 28330, "typical_volume": 65077.25, "trend": 36.10544, "fair_value": 34.597624, "relative_strength": -1.005593, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.004976, "energy": 20.290842, "activity_lines": [ 36.64338, 37.3875, 38.194605, 37.66789 ] }, { "date": "2024-05-10", "close": 37.0817, "volume": 22058, "typical_volume": 62906.0, "trend": 36.372163, "fair_value": 34.591736, "relative_strength": -3.18794, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.939688, "energy": 20.321921, "activity_lines": [ 36.749327, 37.208609, 38.07545, 37.730875 ] }, { "date": "2024-05-17", "close": 38.28, "volume": 40177, "typical_volume": 59355.15, "trend": 36.707497, "fair_value": 34.578288, "relative_strength": -1.755574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.97703, "energy": 8.975127, "activity_lines": [ 37.304313, 37.305235, 38.074723, 37.853961 ] }, { "date": "2024-05-24", "close": 38.58, "volume": 25034, "typical_volume": 56307.25, "trend": 37.086163, "fair_value": 34.557789, "relative_strength": -0.973198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.113525, "energy": 20.769655, "activity_lines": [ 37.899967, 37.486713, 38.102238, 37.974768 ] }, { "date": "2024-05-31", "close": 36.0622, "volume": 82140, "typical_volume": 56882.6, "trend": 37.3034, "fair_value": 34.525107, "relative_strength": -6.951247, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.800756, "energy": 11.115713, "activity_lines": [ 37.386547, 37.203889, 37.87658, 37.908705 ] }, { "date": "2024-06-07", "close": 38.0595, "volume": 47700, "typical_volume": 56685.25, "trend": 37.557543, "fair_value": 34.491275, "relative_strength": -2.957163, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 1.792696, "energy": 7.609478, "activity_lines": [ 37.5952, 37.343558, 37.846703, 37.957486 ] }, { "date": "2024-06-14", "close": 38.7482, "volume": 51310, "typical_volume": 56574.0, "trend": 37.788317, "fair_value": 34.453734, "relative_strength": -2.697692, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.905591, "energy": 11.082601, "activity_lines": [ 37.973707, 37.627182, 37.880094, 38.034303 ] }, { "date": "2024-06-21", "close": 38.26, "volume": 43269, "typical_volume": 56116.0, "trend": 37.986347, "fair_value": 34.407203, "relative_strength": -4.479733, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.447848, "energy": 5.945715, "activity_lines": [ 38.07838, 37.805271, 37.863433, 38.064734 ] }, { "date": "2024-06-28", "close": 39.5083, "volume": 50983, "typical_volume": 54352.5, "trend": 38.142477, "fair_value": 34.367491, "relative_strength": -1.298343, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 34.471005, "energy": 25.561157, "activity_lines": [ 38.600487, 38.194505, 37.970039, 38.162924 ] }, { "date": "2024-07-05", "close": 40.51, "volume": 57538, "typical_volume": 53654.1, "trend": 38.307563, "fair_value": 34.329861, "relative_strength": -0.703457, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 43.184557, "energy": 49.194802, "activity_lines": [ 39.394607, 38.675405, 38.180148, 38.315668 ] }, { "date": "2024-07-12", "close": 40.7324, "volume": 36429, "typical_volume": 49465.05, "trend": 38.41596, "fair_value": 34.311737, "relative_strength": -1.065899, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.559166, "energy": 57.602566, "activity_lines": [ 39.96634, 39.131229, 38.41311, 38.472109 ] }, { "date": "2024-07-19", "close": 37.6942, "volume": 31297, "typical_volume": 47806.3, "trend": 38.406247, "fair_value": 34.256224, "relative_strength": -6.496035, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.839064, "energy": 38.463898, "activity_lines": [ 39.347147, 38.969769, 38.353137, 38.425544 ] }, { "date": "2024-07-26", "close": 36.9158, "volume": 49061, "typical_volume": 45338.65, "trend": 38.363087, "fair_value": 34.203144, "relative_strength": -7.541447, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": -17.729423, "energy": 11.936683, "activity_lines": [ 38.538753, 38.655645, 38.231211, 38.329386 ] }, { "date": "2024-08-02", "close": 34.4279, "volume": 52714, "typical_volume": 46333.2, "trend": 38.31835, "fair_value": 34.128557, "relative_strength": -11.758581, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.906522, "energy": 39.809691, "activity_lines": [ 36.990673, 37.91398, 37.886777, 38.075503 ] }, { "date": "2024-08-09", "close": 35.23, "volume": 105074, "typical_volume": 48713.85, "trend": 38.251683, "fair_value": 34.059211, "relative_strength": -9.695227, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -64.702973, "energy": 49.313132, "activity_lines": [ 36.048653, 37.393644, 37.636797, 37.876254 ] }, { "date": "2024-08-16", "close": 37.5301, "volume": 30834, "typical_volume": 47580.45, "trend": 38.250297, "fair_value": 34.011071, "relative_strength": -7.513815, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.426049, "energy": 49.825542, "activity_lines": [ 36.225333, 37.306638, 37.62538, 37.829701 ] }, { "date": "2024-08-23", "close": 38.3284, "volume": 25483, "typical_volume": 46412.1, "trend": 38.261197, "fair_value": 33.943764, "relative_strength": -6.864076, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.577885, "energy": 39.718755, "activity_lines": [ 36.8816, 37.374404, 37.69742, 37.83474 ] }, { "date": "2024-08-30", "close": 37.2307, "volume": 24929, "typical_volume": 44988.1, "trend": 38.19622, "fair_value": 33.856508, "relative_strength": -9.657922, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.953926, "energy": 22.299258, "activity_lines": [ 37.129687, 37.25022, 37.662524, 37.768256 ] }, { "date": "2024-09-06", "close": 34.7146, "volume": 46921, "typical_volume": 44277.5, "trend": 37.979707, "fair_value": 33.764997, "relative_strength": -11.952012, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.126145, "energy": 30.113716, "activity_lines": [ 36.51808, 36.687278, 37.388758, 37.543635 ] }, { "date": "2024-09-13", "close": 37.1566, "volume": 52516, "typical_volume": 45189.85, "trend": 37.85622, "fair_value": 33.686585, "relative_strength": -9.28623, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.448208, "energy": 18.545397, "activity_lines": [ 36.70136, 36.655495, 37.346698, 37.490532 ] }, { "date": "2024-09-20", "close": 37.9958, "volume": 15407, "typical_volume": 44543.7, "trend": 37.79008, "fair_value": 33.614815, "relative_strength": -8.494195, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.988936, "energy": 15.293222, "activity_lines": [ 37.035933, 36.837264, 37.383372, 37.499537 ] }, { "date": "2024-09-27", "close": 37.7101, "volume": 44422, "typical_volume": 45661.9, "trend": 37.705347, "fair_value": 33.563502, "relative_strength": -9.584017, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.646981, "energy": 13.373312, "activity_lines": [ 37.244227, 37.016844, 37.388875, 37.494377 ] }, { "date": "2024-10-04", "close": 37.9694, "volume": 20322, "typical_volume": 44669.15, "trend": 37.63943, "fair_value": 33.518428, "relative_strength": -9.085854, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.570635, "energy": 13.287983, "activity_lines": [ 37.580173, 37.24328, 37.41608, 37.511412 ] }, { "date": "2024-10-11", "close": 39.9591, "volume": 12034, "typical_volume": 44019.15, "trend": 37.697353, "fair_value": 33.462043, "relative_strength": -5.427173, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.92048, "energy": 25.397358, "activity_lines": [ 38.530107, 37.812324, 37.63426, 37.661069 ] }, { "date": "2024-10-18", "close": 39.3814, "volume": 11851, "typical_volume": 40504.7, "trend": 37.69919, "fair_value": 33.393543, "relative_strength": -7.579975, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.575858, "energy": 49.902592, "activity_lines": [ 38.93784, 38.175764, 37.790854, 37.769717 ] }, { "date": "2024-10-25", "close": 38.6834, "volume": 7595, "typical_volume": 38499.45, "trend": 37.685637, "fair_value": 33.316455, "relative_strength": -8.338888, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.842823, "energy": 50.69748, "activity_lines": [ 38.964587, 38.336815, 37.865166, 37.833214 ] }, { "date": "2024-11-01", "close": 38.3561, "volume": 11693, "typical_volume": 36518.6, "trend": 37.703313, "fair_value": 33.227659, "relative_strength": -7.7993, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.247072, "energy": 49.832918, "activity_lines": [ 38.836393, 38.417387, 37.905336, 37.87647 ] }, { "date": "2024-11-08", "close": 40.38, "volume": 16477, "typical_volume": 35179.0, "trend": 37.80298, "fair_value": 33.135743, "relative_strength": -7.278359, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.385717, "energy": 54.890184, "activity_lines": [ 39.339767, 38.865438, 38.140125, 38.049159 ] }, { "date": "2024-11-15", "close": 39.11, "volume": 27690, "typical_volume": 34014.35, "trend": 37.95555, "fair_value": 33.03879, "relative_strength": -8.171199, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.515474, "energy": 35.484229, "activity_lines": [ 39.2591, 39.02532, 38.243866, 38.133483 ] }, { "date": "2024-11-22", "close": 42.839, "volume": 22809, "typical_volume": 32277.9, "trend": 38.15329, "fair_value": 32.989203, "relative_strength": -1.063893, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.625585, "energy": 67.63663, "activity_lines": [ 40.47804, 39.783285, 38.704647, 38.448545 ] }, { "date": "2024-11-29", "close": 42.38, "volume": 9754, "typical_volume": 30944.15, "trend": 38.327163, "fair_value": 32.965937, "relative_strength": -3.099689, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.214956, "energy": 74.633617, "activity_lines": [ 41.313473, 40.35448, 39.110623, 38.721235 ] }, { "date": "2024-12-06", "close": 43.8671, "volume": 17849, "typical_volume": 30271.75, "trend": 38.553343, "fair_value": 32.947438, "relative_strength": -0.405465, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.563995, "energy": 83.512838, "activity_lines": [ 42.398167, 41.116344, 39.650382, 39.078651 ] }, { "date": "2024-12-13", "close": 41.2813, "volume": 26119, "typical_volume": 29124.65, "trend": 38.653387, "fair_value": 32.918926, "relative_strength": -5.409199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.97384, "energy": 76.022266, "activity_lines": [ 42.253527, 41.296116, 39.91448, 39.254648 ] }, { "date": "2024-12-20", "close": 39.9089, "volume": 22572, "typical_volume": 27617.55, "trend": 38.697683, "fair_value": 32.868419, "relative_strength": -6.50307, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.25443, "energy": 47.426455, "activity_lines": [ 41.591333, 41.166145, 40.027085, 39.335649 ] }, { "date": "2024-12-27", "close": 39.92, "volume": 14084, "typical_volume": 23068.05, "trend": 38.826277, "fair_value": 32.822329, "relative_strength": -6.727802, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.115136, "energy": 28.839837, "activity_lines": [ 40.87958, 41.039105, 40.114647, 39.414508 ] }, { "date": "2025-01-03", "close": 40.5984, "volume": 24079, "typical_volume": 22730.3, "trend": 38.910907, "fair_value": 32.817362, "relative_strength": -4.4265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.365396, "energy": 21.718001, "activity_lines": [ 40.58856, 41.025618, 40.244485, 39.528838 ] }, { "date": "2025-01-10", "close": 39.2, "volume": 9312, "typical_volume": 21921.75, "trend": 38.925967, "fair_value": 32.812362, "relative_strength": -5.603886, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.938342, "energy": 21.050638, "activity_lines": [ 39.95018, 40.723058, 40.226531, 39.54749 ] }, { "date": "2025-01-17", "close": 39.9187, "volume": 10631, "typical_volume": 21206.85, "trend": 38.981257, "fair_value": 32.833693, "relative_strength": -6.318152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.756962, "energy": 18.985876, "activity_lines": [ 39.862507, 40.535827, 40.272874, 39.611537 ] }, { "date": "2025-01-24", "close": 41.78, "volume": 15403, "typical_volume": 19630.95, "trend": 39.05698, "fair_value": 32.870744, "relative_strength": -3.358649, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.026385, "energy": 18.364877, "activity_lines": [ 40.486107, 40.695402, 40.483684, 39.792101 ] }, { "date": "2025-01-31", "close": 42.3188, "volume": 27935, "typical_volume": 18401.9, "trend": 39.117273, "fair_value": 32.893629, "relative_strength": -0.845131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.834885, "energy": 28.384304, "activity_lines": [ 41.164567, 40.904395, 40.712164, 40.002541 ] }, { "date": "2025-02-07", "close": 43.7458, "volume": 20354, "typical_volume": 18649.25, "trend": 39.21772, "fair_value": 32.920353, "relative_strength": 2.969613, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 67.079637, "energy": 51.821669, "activity_lines": [ 42.158773, 41.3823, 41.051966, 40.301156 ] }, { "date": "2025-02-14", "close": 44.67, "volume": 23750, "typical_volume": 17615.65, "trend": 39.450247, "fair_value": 32.971381, "relative_strength": 3.875772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.088266, "energy": 72.60161, "activity_lines": [ 43.25122, 42.003409, 41.452407, 40.652916 ] }, { "date": "2025-02-21", "close": 41.9395, "volume": 16548, "typical_volume": 17426.95, "trend": 39.617703, "fair_value": 32.999638, "relative_strength": -0.620887, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.118244, "energy": 64.394778, "activity_lines": [ 43.068833, 42.113465, 41.559657, 40.813513 ] }, { "date": "2025-02-28", "close": 40.5631, "volume": 30151, "typical_volume": 18332.8, "trend": 39.82221, "fair_value": 33.034851, "relative_strength": -2.651858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.231652, "energy": 40.295878, "activity_lines": [ 42.292927, 41.9613, 41.516917, 40.874506 ] }, { "date": "2025-03-07", "close": 36.2504, "volume": 127974, "typical_volume": 24138.95, "trend": 39.856223, "fair_value": 33.053867, "relative_strength": -9.845086, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -10.761755, "energy": 12.780836, "activity_lines": [ 40.16058, 41.013113, 41.060567, 40.644067 ] }, { "date": "2025-03-14", "close": 36.05, "volume": 73488, "typical_volume": 27433.6, "trend": 39.806887, "fair_value": 33.042896, "relative_strength": -7.959957, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -36.967509, "energy": 39.114821, "activity_lines": [ 38.365993, 40.095209, 40.60004, 40.398504 ] }, { "date": "2025-03-21", "close": 36.5443, "volume": 10300, "typical_volume": 27363.95, "trend": 39.747417, "fair_value": 33.029875, "relative_strength": -6.872645, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.0117, "energy": 51.080758, "activity_lines": [ 37.249227, 39.349876, 40.19913, 40.188014 ] }, { "date": "2025-03-28", "close": 35.0577, "volume": 72607, "typical_volume": 30170.45, "trend": 39.674983, "fair_value": 33.004404, "relative_strength": -9.006728, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.357411, "energy": 70.731862, "activity_lines": [ 36.17864, 38.382538, 39.665267, 39.885452 ] }, { "date": "2025-04-04", "close": 30.4589, "volume": 44703, "typical_volume": 31021.1, "trend": 39.533127, "fair_value": 32.967698, "relative_strength": -12.731157, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -90.660155, "energy": 90.272309, "activity_lines": [ 34.033907, 36.667436, 38.718767, 39.290866 ] }, { "date": "2025-04-11", "close": 33.7075, "volume": 45082, "typical_volume": 32134.75, "trend": 39.418157, "fair_value": 32.952573, "relative_strength": -8.326852, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.609238, "energy": 77.318714, "activity_lines": [ 33.645653, 35.748827, 38.122853, 38.915019 ] }, { "date": "2025-04-18", "close": 33.519, "volume": 12245, "typical_volume": 32259.3, "trend": 39.26893, "fair_value": 32.956342, "relative_strength": -7.355664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.260376, "energy": 72.355398, "activity_lines": [ 33.364093, 34.952515, 37.55247, 38.534428 ] }, { "date": "2025-04-25", "close": 36.6889, "volume": 27128, "typical_volume": 32723.25, "trend": 39.23489, "fair_value": 32.990113, "relative_strength": -2.868765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.16616, "energy": 49.035727, "activity_lines": [ 34.3079, 34.918489, 37.326178, 38.367975 ] }, { "date": "2025-05-02", "close": 37.7964, "volume": 18952, "typical_volume": 32364.9, "trend": 39.229123, "fair_value": 33.049467, "relative_strength": -2.593798, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.569863, "energy": 28.693777, "activity_lines": [ 35.611233, 35.230938, 37.239544, 38.275169 ] }, { "date": "2025-05-09", "close": 37.7163, "volume": 25091, "typical_volume": 32490.85, "trend": 39.154363, "fair_value": 33.114762, "relative_strength": -2.238781, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.804215, "energy": 22.591966, "activity_lines": [ 36.705287, 35.604153, 37.161876, 38.177568 ] }, { "date": "2025-05-16", "close": 40.8858, "volume": 57896, "typical_volume": 34681.45, "trend": 39.20451, "fair_value": 33.206785, "relative_strength": 0.776075, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.459454, "energy": 19.699913, "activity_lines": [ 38.372013, 36.6054, 37.396506, 38.289273 ] }, { "date": "2025-05-23", "close": 40.5697, "volume": 34620, "typical_volume": 35208.5, "trend": 39.267387, "fair_value": 33.285191, "relative_strength": 2.710758, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 12.924253, "energy": 26.723484, "activity_lines": [ 39.45482, 37.464895, 37.596432, 38.37735 ] }, { "date": "2025-05-30", "close": 41.0598, "volume": 24060, "typical_volume": 35945.9, "trend": 39.35751, "fair_value": 33.365203, "relative_strength": 2.126482, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.45993, "energy": 33.639357, "activity_lines": [ 40.230947, 38.331322, 37.843171, 38.492989 ] }, { "date": "2025-06-06", "close": 42.8539, "volume": 27743, "typical_volume": 36801.5, "trend": 39.439973, "fair_value": 33.466702, "relative_strength": 4.873545, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.161286, "energy": 55.047651, "activity_lines": [ 41.313713, 39.441849, 38.25192, 38.718563 ] }, { "date": "2025-06-13", "close": 41.9905, "volume": 23129, "typical_volume": 37187.8, "trend": 39.53599, "fair_value": 33.568883, "relative_strength": 3.185947, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.350526, "energy": 58.405272, "activity_lines": [ 41.771513, 40.253645, 38.564464, 38.883113 ] }, { "date": "2025-06-20", "close": 42.485, "volume": 29981, "typical_volume": 37290.1, "trend": 39.52419, "fair_value": 33.647799, "relative_strength": 4.558719, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.324911, "energy": 57.651684, "activity_lines": [ 42.1092, 40.945685, 38.923101, 39.073372 ] }, { "date": "2025-06-27", "close": 44.5435, "volume": 25153, "typical_volume": 37530.05, "trend": 39.596307, "fair_value": 33.754497, "relative_strength": 5.978536, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.791031, "energy": 68.451635, "activity_lines": [ 43.02644, 41.852407, 39.476994, 39.397198 ] }, { "date": "2025-07-04", "close": 44.8751, "volume": 18821, "typical_volume": 37283.6, "trend": 39.629907, "fair_value": 33.846121, "relative_strength": 5.051286, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.600449, "energy": 82.281926, "activity_lines": [ 43.789293, 42.618975, 40.058669, 39.737766 ] }, { "date": "2025-07-11", "close": 43.2689, "volume": 18763, "typical_volume": 37394.35, "trend": 39.69616, "fair_value": 33.941551, "relative_strength": 1.692489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.399862, "energy": 80.595011, "activity_lines": [ 43.762393, 42.944665, 40.486396, 39.972539 ] }, { "date": "2025-07-18", "close": 44.5394, "volume": 26061, "typical_volume": 37189.85, "trend": 39.85051, "fair_value": 34.038935, "relative_strength": 3.975287, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.458036, "energy": 82.34312, "activity_lines": [ 44.131327, 43.401856, 41.028793, 40.285006 ] }, { "date": "2025-07-25", "close": 45.4624, "volume": 19659, "typical_volume": 31774.1, "trend": 40.035257, "fair_value": 34.138557, "relative_strength": 4.464335, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.927592, "energy": 87.866447, "activity_lines": [ 44.638, 43.902809, 41.64016, 40.647064 ] }, { "date": "2025-08-01", "close": 43.6593, "volume": 23078, "typical_volume": 29253.6, "trend": 40.137287, "fair_value": 34.211419, "relative_strength": 2.663672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.12065, "energy": 61.029327, "activity_lines": [ 44.345147, 43.992715, 42.035936, 40.880873 ] }, { "date": "2025-08-08", "close": 41.682, "volume": 22408, "typical_volume": 29859.0, "trend": 40.22002, "fair_value": 34.265661, "relative_strength": -4.323581, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.946622, "energy": 41.648274, "activity_lines": [ 43.45214, 43.666936, 42.207163, 40.980532 ] }, { "date": "2025-08-15", "close": 42.4887, "volume": 18622, "typical_volume": 27159.75, "trend": 40.305687, "fair_value": 34.341524, "relative_strength": -3.352412, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.56858, "energy": 32.783745, "activity_lines": [ 43.040907, 43.476518, 42.430753, 41.126898 ] }, { "date": "2025-08-22", "close": 42.1958, "volume": 10663, "typical_volume": 25457.75, "trend": 40.319547, "fair_value": 34.413517, "relative_strength": -4.198569, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.956099, "energy": 27.326646, "activity_lines": [ 42.584053, 43.239485, 42.591063, 41.248841 ] }, { "date": "2025-08-29", "close": 44.2435, "volume": 12399, "typical_volume": 23823.6, "trend": 40.383703, "fair_value": 34.515657, "relative_strength": 0.442366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.01574, "energy": 26.92335, "activity_lines": [ 42.966007, 43.371029, 42.890501, 41.502 ] }, { "date": "2025-09-05", "close": 44.1686, "volume": 11299, "typical_volume": 23776.3, "trend": 40.397797, "fair_value": 34.602124, "relative_strength": -0.156926, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.527616, "energy": 30.984618, "activity_lines": [ 43.404253, 43.456982, 43.132635, 41.746186 ] }, { "date": "2025-09-12", "close": 44.82, "volume": 19128, "typical_volume": 23376.3, "trend": 40.402797, "fair_value": 34.707975, "relative_strength": -0.286598, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.474916, "energy": 43.268261, "activity_lines": [ 44.02568, 43.668187, 43.386095, 42.03149 ] }, { "date": "2025-09-19", "close": 46.3358, "volume": 29464, "typical_volume": 23901.9, "trend": 40.54934, "fair_value": 34.83782, "relative_strength": 1.766692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.861942, "energy": 62.840639, "activity_lines": [ 44.943173, 44.155995, 43.745197, 42.414264 ] }, { "date": "2025-09-26", "close": 45.0875, "volume": 16337, "typical_volume": 23464.2, "trend": 40.700153, "fair_value": 34.95774, "relative_strength": -0.730915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.044753, "energy": 61.306284, "activity_lines": [ 45.188093, 44.361076, 43.944749, 42.707049 ] }, { "date": "2025-10-03", "close": 46.7248, "volume": 11577, "typical_volume": 21148.25, "trend": 41.0493, "fair_value": 35.085444, "relative_strength": 1.659509, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.418349, "energy": 70.825864, "activity_lines": [ 45.786, 44.853884, 44.265134, 43.095736 ] }, { "date": "2025-10-10", "close": 47.1957, "volume": 14543, "typical_volume": 20144.4, "trend": 41.420823, "fair_value": 35.236215, "relative_strength": 5.156433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.522741, "energy": 68.918991, "activity_lines": [ 46.375453, 45.409356, 44.602561, 43.492278 ] }, { "date": "2025-10-17", "close": 46.8315, "volume": 15061, "typical_volume": 19694.45, "trend": 41.76373, "fair_value": 35.373049, "relative_strength": 2.493116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.8443, "energy": 54.509417, "activity_lines": [ 46.6417, 45.834313, 44.873751, 43.841354 ] }, { "date": "2025-10-24", "close": 49.266, "volume": 13357, "typical_volume": 18975.15, "trend": 42.23734, "fair_value": 35.520797, "relative_strength": 5.622286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.9193, "energy": 70.156402, "activity_lines": [ 47.585347, 46.608278, 45.349313, 44.325371 ] }, { "date": "2025-10-31", "close": 52.0457, "volume": 18217, "typical_volume": 18729.55, "trend": 42.9569, "fair_value": 35.708097, "relative_strength": 10.537909, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.086806, "energy": 89.310546, "activity_lines": [ 49.260213, 47.76442, 46.059075, 44.958168 ] }, { "date": "2025-11-07", "close": 50.2087, "volume": 21135, "typical_volume": 18287.25, "trend": 43.50694, "fair_value": 35.864539, "relative_strength": 8.202692, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.363314, "energy": 80.024957, "activity_lines": [ 49.858867, 48.407473, 46.546003, 45.426026 ] }, { "date": "2025-11-14", "close": 49.2576, "volume": 15839, "typical_volume": 17821.55, "trend": 44.03156, "fair_value": 36.024254, "relative_strength": 5.83272, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.706048, "energy": 70.945291, "activity_lines": [ 49.908227, 48.76914, 46.90557, 45.797037 ] }, { "date": "2025-11-21", "close": 45.7305, "volume": 17873, "typical_volume": 17774.15, "trend": 44.332947, "fair_value": 36.15972, "relative_strength": 0.272932, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.454308, "energy": 43.91595, "activity_lines": [ 48.644427, 48.396989, 46.906775, 45.906646 ] }, { "date": "2025-11-28", "close": 47.0651, "volume": 11939, "typical_volume": 17432.95, "trend": 44.641903, "fair_value": 36.302399, "relative_strength": -0.415232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.700102, "energy": 25.694006, "activity_lines": [ 47.898893, 48.250938, 47.031011, 46.082914 ] }, { "date": "2025-12-05", "close": 47.7513, "volume": 12039, "typical_volume": 16731.85, "trend": 44.976403, "fair_value": 36.456689, "relative_strength": 0.793265, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.252385, "energy": 21.877836, "activity_lines": [ 47.52882, 48.216391, 47.202522, 46.28352 ] }, { "date": "2025-12-12", "close": 48.3676, "volume": 8636, "typical_volume": 16180.7, "trend": 45.225797, "fair_value": 36.616546, "relative_strength": 2.631389, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.710112, "energy": 22.282278, "activity_lines": [ 47.650473, 48.245465, 47.417434, 46.502307 ] }, { "date": "2025-12-19", "close": 47.9052, "volume": 11769, "typical_volume": 15615.25, "trend": 45.470313, "fair_value": 36.779813, "relative_strength": 1.468873, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.874141, "energy": 17.419921, "activity_lines": [ 47.740733, 48.160598, 47.574474, 46.675172 ] }, { "date": "2025-12-26", "close": 48.5, "volume": 8024, "typical_volume": 14896.05, "trend": 45.71832, "fair_value": 36.94414, "relative_strength": 1.215423, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.683313, "energy": 23.579688, "activity_lines": [ 48.11942, 48.170976, 47.767942, 46.870635 ] }, { "date": "2026-01-02", "close": 47.0429, "volume": 10688, "typical_volume": 14499.35, "trend": 45.857953, "fair_value": 37.107772, "relative_strength": -0.784874, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.007096, "energy": 19.413233, "activity_lines": [ 47.827773, 47.886091, 47.790173, 46.956092 ] }, { "date": "2026-01-09", "close": 47.03, "volume": 12296, "typical_volume": 14581.0, "trend": 46.025937, "fair_value": 37.256951, "relative_strength": -2.35462, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.909809, "energy": 10.669814, "activity_lines": [ 47.533307, 47.63928, 47.789488, 47.031708 ] }, { "date": "2026-01-16", "close": 47.36, "volume": 9258, "typical_volume": 14423.95, "trend": 46.188437, "fair_value": 37.404103, "relative_strength": -1.351178, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.97547, "energy": 10.137926, "activity_lines": [ 47.396927, 47.543664, 47.797212, 47.117777 ] }, { "date": "2026-01-23", "close": 47.4041, "volume": 8017, "typical_volume": 14259.85, "trend": 46.28379, "fair_value": 37.540081, "relative_strength": -0.890687, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.703504, "energy": 11.442564, "activity_lines": [ 47.34242, 47.50786, 47.794295, 47.196206 ] }, { "date": "2026-01-30", "close": 45.5656, "volume": 26773, "typical_volume": 14642.1, "trend": 46.306807, "fair_value": 37.653113, "relative_strength": -4.972359, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -0.735192, "energy": 9.480037, "activity_lines": [ 46.708487, 47.171484, 47.600876, 47.149872 ] }, { "date": "2026-02-06", "close": 42.0406, "volume": 26199, "typical_volume": 14478.85, "trend": 46.265863, "fair_value": 37.751828, "relative_strength": -11.839354, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -41.789545, "energy": 50.672584, "activity_lines": [ 45.09518, 46.197196, 47.068192, 46.874632 ] }, { "date": "2026-02-13", "close": 42.9835, "volume": 22785, "typical_volume": 14801.25, "trend": 46.214, "fair_value": 37.853017, "relative_strength": -8.406797, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.716038, "energy": 61.472889, "activity_lines": [ 44.12966, 45.4857, 46.645762, 46.662867 ] }, { "date": "2026-02-20", "close": 41.758, "volume": 15730, "typical_volume": 15008.9, "trend": 46.09052, "fair_value": 37.956276, "relative_strength": -11.759069, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.773961, "energy": 73.371463, "activity_lines": [ 43.025407, 44.638073, 46.116636, 46.375383 ] }, { "date": "2026-02-27", "close": 40.8165, "volume": 28092, "typical_volume": 15686.35, "trend": 45.99576, "fair_value": 38.042815, "relative_strength": -13.083122, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.991178, "energy": 77.42217, "activity_lines": [ 41.980787, 43.739438, 45.521495, 46.035124 ] }, { "date": "2026-03-06", "close": 41.385, "volume": 14018, "typical_volume": 15634.2, "trend": 45.98586, "fair_value": 38.148106, "relative_strength": -10.03485, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -69.583285, "energy": 82.107957, "activity_lines": [ 41.56484, 43.073053, 45.010874, 45.737655 ] }, { "date": "2026-03-13", "close": 41.38, "volume": 10909, "typical_volume": 15511.8, "trend": 45.948903, "fair_value": 38.243644, "relative_strength": -8.615583, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.084819, "energy": 80.688391, "activity_lines": [ 41.425933, 42.535122, 44.525713, 45.440503 ] }, { "date": "2026-03-20", "close": 40.8281, "volume": 12035, "typical_volume": 15202.7, "trend": 45.903313, "fair_value": 38.338842, "relative_strength": -8.114689, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.663567, "energy": 73.212958, "activity_lines": [ 41.1471, 41.999807, 44.025542, 45.110129 ] }, { "date": "2026-03-27", "close": 38.5868, "volume": 21251, "typical_volume": 15208.5, "trend": 45.714757, "fair_value": 38.408429, "relative_strength": -11.101822, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.250428, "energy": 65.540281, "activity_lines": [ 40.26486, 41.169745, 43.365331, 44.638096 ] }, { "date": "2026-04-03", "close": 41.0687, "volume": 10724, "typical_volume": 14952.75, "trend": 45.611427, "fair_value": 38.500431, "relative_strength": -8.562651, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.696058, "energy": 53.469117, "activity_lines": [ 40.421333, 40.950451, 42.996834, 44.33835 ] }, { "date": "2026-04-10", "close": 39.4219, "volume": 34228, "typical_volume": 15770.5, "trend": 45.43149, "fair_value": 38.58007, "relative_strength": -15.142603, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.837559, "energy": 54.329739, "activity_lines": [ 40.01206, 40.546927, 42.510493, 43.939026 ] }, { "date": "2026-04-17", "close": 43.7905, "volume": 25358, "typical_volume": 16441.45, "trend": 45.346647, "fair_value": 38.688014, "relative_strength": -9.74176, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.172593, "energy": 34.787694, "activity_lines": [ 41.18986, 41.049398, 42.470251, 43.833155 ] }, { "date": "2026-04-24", "close": 45.7942, "volume": 17756, "typical_volume": 16727.3, "trend": 45.370203, "fair_value": 38.819764, "relative_strength": -6.028256, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.691439, "energy": 17.052069, "activity_lines": [ 42.87486, 41.884362, 42.63643, 43.86203 ] }, { "date": "2026-05-01", "close": 46.3748, "volume": 7332, "typical_volume": 16662.1, "trend": 45.358537, "fair_value": 38.954174, "relative_strength": -5.640436, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.719659, "energy": 19.798903, "activity_lines": [ 44.42232, 42.773785, 42.867225, 43.926843 ] }, { "date": "2026-05-08", "close": 49.57, "volume": 21143, "typical_volume": 17130.8, "trend": 45.43768, "fair_value": 39.102428, "relative_strength": -1.448537, "stage": 2, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 44.163981, "energy": 47.563515, "activity_lines": [ 46.515647, 44.160213, 43.411813, 44.19855 ] }, { "date": "2026-05-15", "close": 50.4847, "volume": 12223, "typical_volume": 17340.75, "trend": 45.559453, "fair_value": 39.242112, "relative_strength": 0.196217, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 44.407123, "energy": 70.663917, "activity_lines": [ 48.34712, 45.553795, 44.035589, 44.524164 ] }, { "date": "2026-05-22", "close": 54.2423, "volume": 36065, "typical_volume": 18609.6, "trend": 45.72533, "fair_value": 39.395356, "relative_strength": 6.662958, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.23935, "energy": 80.086444, "activity_lines": [ 50.693607, 47.465127, 45.00778, 45.084348 ] }, { "date": "2026-05-29", "close": 60.33, "volume": 30344, "typical_volume": 19512.0, "trend": 46.001473, "fair_value": 39.58372, "relative_strength": 16.628538, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 96.817973, "energy": 98.305149, "activity_lines": [ 54.37254, 50.249455, 46.525469, 46.026585 ] }, { "date": "2026-06-05", "close": 57.4975, "volume": 59726, "typical_volume": 22035.4, "trend": 46.244433, "fair_value": 39.752112, "relative_strength": 13.826045, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.697934, "energy": 91.799517, "activity_lines": [ 56.138253, 52.164202, 47.710062, 46.768264 ] }, { "date": "2026-06-12", "close": 58.9423, "volume": 31073, "typical_volume": 23188.2, "trend": 46.567257, "fair_value": 39.920074, "relative_strength": 15.755099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.780604, "energy": 91.116231, "activity_lines": [ 57.644053, 53.997809, 48.983982, 47.587481 ] }, { "date": "2026-06-19", "close": 61.1025, "volume": 12571, "typical_volume": 22478.1, "trend": 47.079657, "fair_value": 40.113024, "relative_strength": 18.576243, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.991216, "energy": 91.715716, "activity_lines": [ 59.2451, 55.899205, 50.408692, 48.525238 ] }, { "date": "2026-06-26", "close": 60.5783, "volume": 23010, "typical_volume": 22318.65, "trend": 47.530097, "fair_value": 40.296586, "relative_strength": 20.091431, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.319738, "energy": 79.656591, "activity_lines": [ 59.96356, 57.3111, 51.709492, 49.396119 ] }, { "date": "2026-07-03", "close": 61.9228, "volume": 9389, "typical_volume": 21648.85, "trend": 48.00248, "fair_value": 40.49172, "relative_strength": 19.801708, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.825605, "energy": 74.913486, "activity_lines": [ 60.707787, 58.662216, 53.050066, 50.32468 ] }, { "date": "2026-07-10", "close": 62.7213, "volume": 1602, "typical_volume": 20942.45, "trend": 48.480937, "fair_value": 40.682119, "relative_strength": 19.284515, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.623026, "energy": 80.050105, "activity_lines": [ 61.611993, 59.865267, 54.3765, 51.274282 ] }, { "date": "2026-07-17", "close": 59.8086, "volume": 16337, "typical_volume": 20354.7, "trend": 48.877717, "fair_value": 40.855828, "relative_strength": 15.25223, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.74944, "energy": 64.69027, "activity_lines": [ 61.197047, 60.241527, 55.325708, 52.005098 ] }, { "date": "2026-07-24", "close": 57.8721, "volume": 7773, "typical_volume": 20042.45, "trend": 49.19012, "fair_value": 41.016621, "relative_strength": 11.9882, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.457139, "energy": 55.501299, "activity_lines": [ 60.078847, 60.07954, 56.00005, 52.585381 ] }, { "date": "2026-07-31", "close": 59.2608, "volume": 10004, "typical_volume": 19997.2, "trend": 49.597383, "fair_value": 41.196113, "relative_strength": 13.172852, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.154768, "energy": 46.303976, "activity_lines": [ 59.638907, 60.035727, 56.728138, 53.235103 ] }, { "date": "2026-08-07", "close": 63.59, "volume": 17376, "typical_volume": 20264.25, "trend": 50.149383, "fair_value": 41.414831, "relative_strength": 16.80525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.024817, "energy": 53.376387, "activity_lines": [ 60.729867, 60.687796, 57.783385, 54.137852 ] } ], "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." } } }