{ "ticker": { "uuid": "62121e5f-131c-4cce-9a2a-27609abca4b8", "symbol": "XGLF", "name": "Xtrackers MSCI GCC Select Swap UCITS ETF 1C", "exchange": "LSE", "country": "GB", "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": "^FTSE", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 69.794, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -52.161, "architecture_energy": 51.493, "architecture_maturity": 6.359, "architecture_confidence": 92.631, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 22.58, "rotation_up": 15.83, "upward_expansion": 13.24, "deceleration": 36.29, "rotation_down": 62.8, "downward_expansion": 86.58 }, "activity_lines": [ 27.6865, 27.783591, 27.942524, 28.031452 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 28.1, "trend_reference": 28.226583, "distance_from_trend": -0.004485, "trend_direction": "Improving", "fair_value": 25.996513, "distance_from_fair_value": 0.080914, "fair_value_direction": "Weakening", "relative_strength": -7.1971, "relative_strength_direction": "Weakening", "price_momentum": -0.05427, "excess_performance": -0.105505, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.004485, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.007439, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.080914, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.021205, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.071971, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.038147, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.05427, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.566117, "read": "Supply-led" } ], "volume": { "latest": 756, "relative_activity": 0.219099, "balance": 0.566117, "dry_up": 0.769236, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.01804, "annualized_volatility": 0.130901, "from_high_reference": -0.057363, "from_low_reference": 0.077248 }, "levels": { "trend_reference": 28.226583, "fair_value_reference": 25.996513, "structural_low": 26.540001, "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": 13, "median_return": 0.010101, "positive_rate": 0.692308, "directional_follow_through": 0.307692, "median_excess_return": 0.006843, "regime_survival": 0.692308, "best_return": 0.07204, "worst_return": -0.115129, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.019941, "positive_rate": 0.666667, "directional_follow_through": 0.333333, "median_excess_return": 0.028095, "regime_survival": 0.5, "best_return": 0.136317, "worst_return": -0.071678, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.040226, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.045667, "regime_survival": 0.25, "best_return": 0.129239, "worst_return": -0.10979, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.033827, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.049009, "regime_survival": 0.0, "best_return": 0.141683, "worst_return": -0.074029, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-11-29", "end": "2025-01-03", "tenure": "Developing", "return": 0.037208, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-10", "end": "2025-03-21", "tenure": "Developing", "return": 0.030232, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-28", "end": "2025-06-06", "tenure": "Developing", "return": -0.013044, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-13", "end": "2025-07-18", "tenure": "Developing", "return": 0.071527, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-25", "end": "2025-09-05", "tenure": "Developing", "return": -0.016804, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": 0.052037, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-03", "end": "2025-11-21", "tenure": "Developing", "return": -0.03654, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2026-01-02", "tenure": "Developing", "return": 0.020339, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-01-09", "end": "2026-01-23", "tenure": "New", "return": 0.049769, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-30", "end": "2026-03-06", "tenure": "Developing", "return": -0.055114, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-13", "end": "2026-04-17", "tenure": "Developing", "return": 0.087637, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-08", "tenure": "New", "return": -0.005622, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-15", "end": "2026-07-17", "tenure": "Developing", "return": -0.012325, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.021818, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.8025, "volume": 244, "typical_volume": 979.45, "trend": 23.616167, "fair_value": 23.333926, "relative_strength": 1.773049, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 31.836173, "energy": 18.593227, "activity_lines": [ 24.050834, 24.143591, 24.050703, 23.856441 ] }, { "date": "2023-08-25", "close": 23.6675, "volume": 5307, "typical_volume": 1232.0, "trend": 23.606417, "fair_value": 23.37907, "relative_strength": 0.433854, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 11.887625, "energy": 19.08754, "activity_lines": [ 23.871667, 24.059319, 24.023369, 23.859753 ] }, { "date": "2023-09-01", "close": 24.105, "volume": 2729, "typical_volume": 1312.45, "trend": 23.61825, "fair_value": 23.429679, "relative_strength": 0.831081, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 23.01086, "energy": 22.151771, "activity_lines": [ 23.886333, 24.062773, 24.036917, 23.89192 ] }, { "date": "2023-09-08", "close": 23.4925, "volume": 1115, "typical_volume": 1338.5, "trend": 23.637917, "fair_value": 23.473718, "relative_strength": -1.673154, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.408823, "energy": 17.475559, "activity_lines": [ 23.751333, 23.945773, 23.988988, 23.883807 ] }, { "date": "2023-09-15", "close": 23.5275, "volume": 0, "typical_volume": 1236.8, "trend": 23.655, "fair_value": 23.515353, "relative_strength": -4.201734, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -5.411044, "energy": 18.265167, "activity_lines": [ 23.670667, 23.845227, 23.94525, 23.876683 ] }, { "date": "2023-09-22", "close": 23.379999, "volume": 5989, "typical_volume": 1321.1, "trend": 23.695833, "fair_value": 23.556843, "relative_strength": -4.187389, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.826052, "energy": 41.448184, "activity_lines": [ 23.557666, 23.727091, 23.890607, 23.858941 ] }, { "date": "2023-09-29", "close": 23.3125, "volume": 2629, "typical_volume": 1452.55, "trend": 23.70625, "fair_value": 23.597708, "relative_strength": -3.184438, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.985099, "energy": 54.735014, "activity_lines": [ 23.450333, 23.616682, 23.83206, 23.83421 ] }, { "date": "2023-10-06", "close": 23.0075, "volume": 732, "typical_volume": 1489.15, "trend": 23.709583, "fair_value": 23.634199, "relative_strength": -2.67051, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.312559, "energy": 64.321135, "activity_lines": [ 23.265, 23.470364, 23.747345, 23.789129 ] }, { "date": "2023-10-13", "close": 22.155001, "volume": 133084, "typical_volume": 8008.3, "trend": 23.714167, "fair_value": 23.664744, "relative_strength": -7.165393, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.271214, "energy": 90.258694, "activity_lines": [ 22.868667, 23.203864, 23.586572, 23.688833 ] }, { "date": "2023-10-20", "close": 21.897499, "volume": 3469, "typical_volume": 8075.55, "trend": 23.688333, "fair_value": 23.693958, "relative_strength": -5.331084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.020495, "energy": 94.814456, "activity_lines": [ 22.475667, 22.9265, 23.408179, 23.571629 ] }, { "date": "2023-10-27", "close": 21.549999, "volume": 1918, "typical_volume": 8142.85, "trend": 23.6395, "fair_value": 23.727356, "relative_strength": -5.004549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.773947, "energy": 96.08369, "activity_lines": [ 22.0755, 22.620182, 23.204559, 23.433672 ] }, { "date": "2023-11-03", "close": 23.137501, "volume": 4936, "typical_volume": 8389.65, "trend": 23.627333, "fair_value": 23.76758, "relative_strength": 0.49853, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.845944, "energy": 81.251419, "activity_lines": [ 22.3265, 22.643454, 23.163345, 23.401285 ] }, { "date": "2023-11-10", "close": 22.8325, "volume": 6296, "typical_volume": 8599.4, "trend": 23.606917, "fair_value": 23.802724, "relative_strength": 0.252028, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.993042, "energy": 54.043987, "activity_lines": [ 22.4875, 22.620909, 23.09775, 23.350005 ] }, { "date": "2023-11-17", "close": 23.475, "volume": 10571, "typical_volume": 9127.95, "trend": 23.600333, "fair_value": 23.840096, "relative_strength": 1.26438, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.292291, "energy": 25.782725, "activity_lines": [ 22.874333, 22.738318, 23.097024, 23.341495 ] }, { "date": "2023-11-24", "close": 23.2775, "volume": 7561, "typical_volume": 9465.6, "trend": 23.57, "fair_value": 23.874183, "relative_strength": 0.729627, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.35564, "energy": 29.407726, "activity_lines": [ 23.107333, 22.820136, 23.080214, 23.320667 ] }, { "date": "2023-12-01", "close": 23.41, "volume": 2352, "typical_volume": 9558.75, "trend": 23.553333, "fair_value": 23.90891, "relative_strength": 0.828235, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.218768, "energy": 24.314163, "activity_lines": [ 23.2925, 22.930591, 23.079631, 23.310344 ] }, { "date": "2023-12-08", "close": 23.120001, "volume": 2377, "typical_volume": 9653.75, "trend": 23.52675, "fair_value": 23.942612, "relative_strength": -0.716392, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.834634, "energy": 24.006734, "activity_lines": [ 23.257, 22.987773, 23.056524, 23.282387 ] }, { "date": "2023-12-15", "close": 23.844999, "volume": 10381, "typical_volume": 10119.35, "trend": 23.51875, "fair_value": 23.979776, "relative_strength": 2.098479, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 8.77186, "energy": 19.65798, "activity_lines": [ 23.464333, 23.180273, 23.1085, 23.302919 ] }, { "date": "2023-12-22", "close": 24.049999, "volume": 12869, "typical_volume": 10751.5, "trend": 23.533583, "fair_value": 24.019022, "relative_strength": 1.320349, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.787584, "energy": 30.993719, "activity_lines": [ 23.6725, 23.394818, 23.185131, 23.337194 ] }, { "date": "2023-12-29", "close": 24.584999, "volume": 0, "typical_volume": 10727.95, "trend": 23.568083, "fair_value": 24.061731, "relative_strength": 3.08208, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.44813, "energy": 55.092918, "activity_lines": [ 24.020666, 23.672181, 23.313107, 23.405027 ] }, { "date": "2024-01-05", "close": 25.004999, "volume": 5570, "typical_volume": 10994.25, "trend": 23.60475, "fair_value": 24.104375, "relative_strength": 5.307522, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.954343, "energy": 68.773764, "activity_lines": [ 24.421666, 23.977045, 23.47725, 23.497731 ] }, { "date": "2024-01-12", "close": 25.165001, "volume": 5057, "typical_volume": 10981.75, "trend": 23.639667, "fair_value": 24.148205, "relative_strength": 6.710285, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.354851, "energy": 76.938785, "activity_lines": [ 24.769666, 24.248182, 23.650905, 23.598392 ] }, { "date": "2024-01-19", "close": 24.8825, "volume": 1996, "typical_volume": 10945.1, "trend": 23.68225, "fair_value": 24.190176, "relative_strength": 7.640902, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.938553, "energy": 73.171146, "activity_lines": [ 24.887167, 24.431091, 23.790524, 23.678575 ] }, { "date": "2024-01-26", "close": 25.370001, "volume": 892, "typical_volume": 10933.95, "trend": 23.726333, "fair_value": 24.235978, "relative_strength": 7.102433, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.588146, "energy": 86.154304, "activity_lines": [ 25.098, 24.665364, 23.972869, 23.787462 ] }, { "date": "2024-02-02", "close": 24.5425, "volume": 11, "typical_volume": 10934.5, "trend": 23.74325, "fair_value": 24.276074, "relative_strength": 3.736128, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.509891, "energy": 75.429821, "activity_lines": [ 24.945, 24.714727, 24.067464, 23.840118 ] }, { "date": "2024-02-09", "close": 24.809999, "volume": 5145, "typical_volume": 10892.3, "trend": 23.75425, "fair_value": 24.315849, "relative_strength": 5.219365, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.146498, "energy": 52.884517, "activity_lines": [ 24.884, 24.789727, 24.182702, 23.908941 ] }, { "date": "2024-02-16", "close": 25.469999, "volume": 2349, "typical_volume": 10878.3, "trend": 23.790333, "fair_value": 24.359006, "relative_strength": 5.79074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.799375, "energy": 60.990023, "activity_lines": [ 25.056, 24.959272, 24.353988, 24.019634 ] }, { "date": "2024-02-23", "close": 25.59, "volume": 0, "typical_volume": 10841.7, "trend": 23.812583, "fair_value": 24.404615, "relative_strength": 6.031441, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.550728, "energy": 62.028068, "activity_lines": [ 25.247666, 25.107909, 24.526428, 24.135742 ] }, { "date": "2024-03-01", "close": 25.555, "volume": 182, "typical_volume": 4196.6, "trend": 23.86, "fair_value": 24.448462, "relative_strength": 5.933272, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.460935, "energy": 74.963118, "activity_lines": [ 25.3805, 25.218454, 24.683238, 24.248156 ] }, { "date": "2024-03-08", "close": 25.184999, "volume": 721, "typical_volume": 4059.2, "trend": 23.906833, "fair_value": 24.484551, "relative_strength": 4.498062, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.808758, "energy": 67.722635, "activity_lines": [ 25.377666, 25.234363, 24.788619, 24.33364 ] }, { "date": "2024-03-15", "close": 25.275, "volume": 2190, "typical_volume": 4072.8, "trend": 23.955917, "fair_value": 24.52157, "relative_strength": 3.781907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.762844, "energy": 56.613851, "activity_lines": [ 25.362, 25.255727, 24.886916, 24.421908 ] }, { "date": "2024-03-22", "close": 25.43, "volume": 1457, "typical_volume": 3898.85, "trend": 24.014666, "fair_value": 24.559519, "relative_strength": 1.649215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.09648, "energy": 54.588793, "activity_lines": [ 25.367, 25.300363, 24.982238, 24.517011 ] }, { "date": "2024-03-29", "close": 25.305, "volume": 9, "typical_volume": 3584.5, "trend": 24.054666, "fair_value": 24.590353, "relative_strength": 0.771411, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.297478, "energy": 46.912899, "activity_lines": [ 25.333, 25.317454, 25.054738, 24.600258 ] }, { "date": "2024-04-05", "close": 25.370001, "volume": 2182, "typical_volume": 3165.05, "trend": 24.11725, "fair_value": 24.621731, "relative_strength": 1.45332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.649625, "energy": 46.463987, "activity_lines": [ 25.339667, 25.338682, 25.121655, 24.685118 ] }, { "date": "2024-04-12", "close": 25.135, "volume": 944, "typical_volume": 2834.2, "trend": 24.170833, "fair_value": 24.649776, "relative_strength": -0.647347, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.287393, "energy": 37.352142, "activity_lines": [ 25.280334, 25.317182, 25.157167, 24.750779 ] }, { "date": "2024-04-19", "close": 24.727501, "volume": 1306, "typical_volume": 2781.9, "trend": 24.21575, "fair_value": 24.674295, "relative_strength": -1.108375, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.4897, "energy": 20.882558, "activity_lines": [ 25.088501, 25.210818, 25.145024, 24.786694 ] }, { "date": "2024-04-26", "close": 24.487499, "volume": 121, "typical_volume": 2669.1, "trend": 24.254917, "fair_value": 24.695753, "relative_strength": -4.965235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.206201, "energy": 14.263728, "activity_lines": [ 24.853167, 25.062318, 25.10375, 24.804226 ] }, { "date": "2024-05-03", "close": 24.8925, "volume": 0, "typical_volume": 2150.05, "trend": 24.31775, "fair_value": 24.718061, "relative_strength": -4.23516, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.290637, "energy": 20.933666, "activity_lines": [ 24.815667, 25.005318, 25.094536, 24.84536 ] }, { "date": "2024-05-10", "close": 24.4375, "volume": 470, "typical_volume": 1530.1, "trend": 24.393833, "fair_value": 24.739952, "relative_strength": -8.337354, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.405153, "energy": 28.422691, "activity_lines": [ 24.654, 24.878273, 25.037, 24.853086 ] }, { "date": "2024-05-17", "close": 24.41, "volume": 880, "typical_volume": 1574.1, "trend": 24.477583, "fair_value": 24.759054, "relative_strength": -8.178621, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -13.836365, "energy": 38.928728, "activity_lines": [ 24.545333, 24.766546, 24.975, 24.854129 ] }, { "date": "2024-05-24", "close": 23.772499, "volume": 845, "typical_volume": 1337.85, "trend": 24.551667, "fair_value": 24.772756, "relative_strength": -9.341788, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -50.358755, "energy": 67.205138, "activity_lines": [ 24.2725, 24.553, 24.853119, 24.80864 ] }, { "date": "2024-05-31", "close": 23.33, "volume": 28, "typical_volume": 1086.4, "trend": 24.558083, "fair_value": 24.781811, "relative_strength": -10.42451, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -63.922674, "energy": 81.575319, "activity_lines": [ 23.915833, 24.286318, 24.694964, 24.729822 ] }, { "date": "2024-06-07", "close": 23.6675, "volume": 22157, "typical_volume": 2094.45, "trend": 24.585917, "fair_value": 24.792949, "relative_strength": -8.635798, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.674783, "energy": 76.884411, "activity_lines": [ 23.748833, 24.119182, 24.57769, 24.672365 ] }, { "date": "2024-06-14", "close": 23.950001, "volume": 2331, "typical_volume": 2166.4, "trend": 24.60175, "fair_value": 24.805994, "relative_strength": -6.303624, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.728261, "energy": 71.299578, "activity_lines": [ 23.757667, 24.033182, 24.493107, 24.631339 ] }, { "date": "2024-06-21", "close": 24.5875, "volume": 4137, "typical_volume": 2372.7, "trend": 24.645417, "fair_value": 24.821106, "relative_strength": -4.765603, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.01169, "energy": 48.105945, "activity_lines": [ 24.0115, 24.088909, 24.476, 24.630419 ] }, { "date": "2024-06-28", "close": 24.2675, "volume": 7152, "typical_volume": 2473.05, "trend": 24.674, "fair_value": 24.832997, "relative_strength": -5.029212, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.092977, "energy": 27.379082, "activity_lines": [ 24.146834, 24.096409, 24.428202, 24.606038 ] }, { "date": "2024-07-05", "close": 23.92, "volume": 2100, "typical_volume": 2460.6, "trend": 24.700667, "fair_value": 24.843606, "relative_strength": -6.615887, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.819131, "energy": 24.094581, "activity_lines": [ 24.133333, 24.049091, 24.349893, 24.557392 ] }, { "date": "2024-07-12", "close": 24.545, "volume": 459, "typical_volume": 2483.55, "trend": 24.724, "fair_value": 24.859199, "relative_strength": -4.557519, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.904836, "energy": 22.82461, "activity_lines": [ 24.288833, 24.125727, 24.338488, 24.547349 ] }, { "date": "2024-07-19", "close": 24.625, "volume": 19568, "typical_volume": 3452.85, "trend": 24.743167, "fair_value": 24.87649, "relative_strength": -3.007766, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.417864, "energy": 17.201722, "activity_lines": [ 24.4125, 24.223227, 24.339679, 24.540962 ] }, { "date": "2024-07-26", "close": 24.83, "volume": 4337, "typical_volume": 3633.65, "trend": 24.751333, "fair_value": 24.891587, "relative_strength": -3.590421, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.718457, "energy": 14.00693, "activity_lines": [ 24.5595, 24.354591, 24.364821, 24.546565 ] }, { "date": "2024-08-02", "close": 24.629999, "volume": 3052, "typical_volume": 3676.75, "trend": 24.738833, "fair_value": 24.902163, "relative_strength": -2.961977, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -7.940694, "energy": 16.579998, "activity_lines": [ 24.623666, 24.441954, 24.372607, 24.538736 ] }, { "date": "2024-08-09", "close": 24.717501, "volume": 1880, "typical_volume": 3697.9, "trend": 24.723917, "fair_value": 24.91016, "relative_strength": -2.457368, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.265884, "energy": 15.460479, "activity_lines": [ 24.692833, 24.529636, 24.391798, 24.53736 ] }, { "date": "2024-08-16", "close": 25.032499, "volume": 470, "typical_volume": 3720.95, "trend": 24.728917, "fair_value": 24.920321, "relative_strength": -2.757354, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 25.992837, "energy": 27.626536, "activity_lines": [ 24.813833, 24.649363, 24.444381, 24.557269 ] }, { "date": "2024-08-23", "close": 25.41, "volume": 396, "typical_volume": 3631.65, "trend": 24.73025, "fair_value": 24.9325, "relative_strength": -1.378822, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 36.006112, "energy": 46.350086, "activity_lines": [ 25.028166, 24.812909, 24.534214, 24.60121 ] }, { "date": "2024-08-30", "close": 25.280001, "volume": 3036, "typical_volume": 3736.25, "trend": 24.754833, "fair_value": 24.942724, "relative_strength": -2.326659, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.632077, "energy": 47.114852, "activity_lines": [ 25.146834, 24.926273, 24.611476, 24.636677 ] }, { "date": "2024-09-06", "close": 25.07, "volume": 4201, "typical_volume": 3881.0, "trend": 24.7635, "fair_value": 24.950353, "relative_strength": -0.780524, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.514388, "energy": 46.126631, "activity_lines": [ 25.1655, 24.988864, 24.668048, 24.657011 ] }, { "date": "2024-09-13", "close": 24.99, "volume": 1158, "typical_volume": 3932.85, "trend": 24.7475, "fair_value": 24.957035, "relative_strength": -2.173691, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.803685, "energy": 37.171635, "activity_lines": [ 25.128167, 25.022318, 24.715369, 24.671624 ] }, { "date": "2024-09-20", "close": 25.455, "volume": 0, "typical_volume": 3932.85, "trend": 24.743, "fair_value": 24.967035, "relative_strength": 0.13712, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.945096, "energy": 36.855919, "activity_lines": [ 25.227667, 25.120864, 24.804583, 24.717269 ] }, { "date": "2024-09-27", "close": 25.865, "volume": 8154, "typical_volume": 4317.05, "trend": 24.753333, "fair_value": 24.97851, "relative_strength": 0.611924, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.452943, "energy": 63.381058, "activity_lines": [ 25.435667, 25.277409, 24.930167, 24.789656 ] }, { "date": "2024-10-04", "close": 24.705, "volume": 11376, "typical_volume": 4841.85, "trend": 24.737333, "fair_value": 24.978526, "relative_strength": -3.381847, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.210714, "energy": 31.420331, "activity_lines": [ 25.226667, 25.2005, 24.938476, 24.786538 ] }, { "date": "2024-10-11", "close": 25.200001, "volume": 1118, "typical_volume": 4855.5, "trend": 24.734833, "fair_value": 24.976891, "relative_strength": -1.209602, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.641793, "energy": 31.816229, "activity_lines": [ 25.221, 25.215864, 24.992524, 24.816387 ] }, { "date": "2024-10-18", "close": 25.0, "volume": 8976, "typical_volume": 5302.9, "trend": 24.7205, "fair_value": 24.973942, "relative_strength": -3.239876, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.244476, "energy": 22.687635, "activity_lines": [ 25.14, 25.1845, 25.020726, 24.833495 ] }, { "date": "2024-10-25", "close": 24.879999, "volume": 5230, "typical_volume": 4456.55, "trend": 24.706333, "fair_value": 24.973157, "relative_strength": -2.462819, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.900667, "energy": 20.247481, "activity_lines": [ 25.018333, 25.126182, 25.029548, 24.843785 ] }, { "date": "2024-11-01", "close": 25.209999, "volume": 237, "typical_volume": 4351.85, "trend": 24.701, "fair_value": 24.973862, "relative_strength": -0.281265, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.321458, "energy": 16.91744, "activity_lines": [ 25.045, 25.130636, 25.064024, 24.87628 ] }, { "date": "2024-11-08", "close": 25.275, "volume": 5772, "typical_volume": 4433.6, "trend": 24.705667, "fair_value": 24.968349, "relative_strength": 1.255492, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 38.689283, "energy": 18.174199, "activity_lines": [ 25.137, 25.150545, 25.09869, 24.913312 ] }, { "date": "2024-11-15", "close": 24.862499, "volume": 511, "typical_volume": 4101.55, "trend": 24.710167, "fair_value": 24.965032, "relative_strength": -0.260498, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 27.733248, "energy": 12.774183, "activity_lines": [ 25.053499, 25.095545, 25.090797, 24.92343 ] }, { "date": "2024-11-22", "close": 25.245001, "volume": 137, "typical_volume": 4003.4, "trend": 24.735417, "fair_value": 24.972772, "relative_strength": -1.126552, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.400272, "energy": 21.231175, "activity_lines": [ 25.12, 25.113863, 25.1165, 24.957935 ] }, { "date": "2024-11-29", "close": 24.860001, "volume": 458, "typical_volume": 4003.35, "trend": 24.734333, "fair_value": 24.978381, "relative_strength": -2.864384, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.455353, "energy": 8.312781, "activity_lines": [ 25.041834, 25.057546, 25.099226, 24.965973 ] }, { "date": "2024-12-06", "close": 25.077499, "volume": 774, "typical_volume": 3063.65, "trend": 24.755667, "fair_value": 24.983317, "relative_strength": -2.240076, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.483001, "energy": 10.152706, "activity_lines": [ 25.0375, 25.051591, 25.101167, 24.988113 ] }, { "date": "2024-12-13", "close": 25.315001, "volume": 6622, "typical_volume": 3177.9, "trend": 24.785833, "fair_value": 24.987147, "relative_strength": -1.155583, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.570826, "energy": 18.470103, "activity_lines": [ 25.121167, 25.103136, 25.123571, 25.024199 ] }, { "date": "2024-12-20", "close": 25.27, "volume": 1759, "typical_volume": 3113.25, "trend": 24.83575, "fair_value": 24.991587, "relative_strength": 1.300396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.684232, "energy": 17.648165, "activity_lines": [ 25.187167, 25.135409, 25.139381, 25.055436 ] }, { "date": "2024-12-27", "close": 25.245001, "volume": 4897, "typical_volume": 3264.1, "trend": 24.899583, "fair_value": 24.995737, "relative_strength": 0.441601, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.148953, "energy": 26.428544, "activity_lines": [ 25.217667, 25.161864, 25.149762, 25.081839 ] }, { "date": "2025-01-03", "close": 25.785, "volume": 877, "typical_volume": 3284.45, "trend": 24.970167, "fair_value": 25.001314, "relative_strength": 1.738353, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 70.204113, "energy": 58.217206, "activity_lines": [ 25.428167, 25.282046, 25.20906, 25.138962 ] }, { "date": "2025-01-10", "close": 25.469999, "volume": 4983, "typical_volume": 3513.8, "trend": 25.020833, "fair_value": 24.998077, "relative_strength": 0.330042, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.786958, "energy": 53.739451, "activity_lines": [ 25.472, 25.3285, 25.234774, 25.17121 ] }, { "date": "2025-01-17", "close": 26.254999, "volume": 25097, "typical_volume": 4616.85, "trend": 25.076417, "fair_value": 24.997179, "relative_strength": 0.456289, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.96533, "energy": 72.636144, "activity_lines": [ 25.751333, 25.512954, 25.334964, 25.250833 ] }, { "date": "2025-01-24", "close": 26.559999, "volume": 703, "typical_volume": 4441.95, "trend": 25.152833, "fair_value": 24.997564, "relative_strength": 1.783489, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.056534, "energy": 83.737242, "activity_lines": [ 26.069666, 25.735045, 25.459559, 25.346548 ] }, { "date": "2025-01-31", "close": 26.754999, "volume": 2019, "typical_volume": 4485.0, "trend": 25.247333, "fair_value": 25.001282, "relative_strength": 0.589486, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.263209, "energy": 87.563768, "activity_lines": [ 26.366999, 25.961727, 25.595631, 25.449914 ] }, { "date": "2025-02-07", "close": 26.610001, "volume": 53215, "typical_volume": 7145.75, "trend": 25.316167, "fair_value": 25.00141, "relative_strength": -0.123924, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.76439, "energy": 82.939101, "activity_lines": [ 26.515333, 26.134591, 25.709488, 25.537828 ] }, { "date": "2025-02-14", "close": 26.879999, "volume": 57, "typical_volume": 6740.9, "trend": 25.391333, "fair_value": 25.000641, "relative_strength": 0.661753, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.046445, "energy": 83.50486, "activity_lines": [ 26.698666, 26.324727, 25.843559, 25.63872 ] }, { "date": "2025-02-21", "close": 26.99, "volume": 120652, "typical_volume": 12204.7, "trend": 25.463333, "fair_value": 24.996122, "relative_strength": 2.057733, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.107453, "energy": 70.49038, "activity_lines": [ 26.824666, 26.502091, 25.983274, 25.74186 ] }, { "date": "2025-02-28", "close": 26.49, "volume": 22642, "typical_volume": 13280.9, "trend": 25.525333, "fair_value": 24.985256, "relative_strength": -1.343377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.319473, "energy": 51.865442, "activity_lines": [ 26.735, 26.558091, 26.064488, 25.808097 ] }, { "date": "2025-03-07", "close": 26.67, "volume": 19819, "typical_volume": 13823.05, "trend": 25.590417, "fair_value": 24.973013, "relative_strength": 0.94952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.001865, "energy": 46.03383, "activity_lines": [ 26.71, 26.624636, 26.156702, 25.881946 ] }, { "date": "2025-03-14", "close": 26.275, "volume": 6658, "typical_volume": 13894.45, "trend": 25.631833, "fair_value": 24.958397, "relative_strength": 0.146458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.192095, "energy": 32.288824, "activity_lines": [ 26.559, 26.593454, 26.203345, 25.926113 ] }, { "date": "2025-03-21", "close": 26.24, "volume": 5007, "typical_volume": 14132.95, "trend": 25.6595, "fair_value": 24.939776, "relative_strength": -0.046007, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.956894, "energy": 22.49196, "activity_lines": [ 26.418667, 26.547, 26.240012, 25.965349 ] }, { "date": "2025-03-28", "close": 26.450001, "volume": 5071, "typical_volume": 14097.9, "trend": 25.6985, "fair_value": 24.921795, "relative_strength": 0.694338, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.590406, "energy": 19.296258, "activity_lines": [ 26.391, 26.524727, 26.291774, 26.016349 ] }, { "date": "2025-04-04", "close": 25.475, "volume": 12456, "typical_volume": 14695.15, "trend": 25.712, "fair_value": 24.890577, "relative_strength": 4.282754, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.820615, "energy": 13.46667, "activity_lines": [ 26.074334, 26.321636, 26.245083, 26.00193 ] }, { "date": "2025-04-11", "close": 25.299999, "volume": 147136, "typical_volume": 22045.1, "trend": 25.722333, "fair_value": 24.853782, "relative_strength": 4.725153, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.424182, "energy": 10.459502, "activity_lines": [ 25.767, 26.106454, 26.178809, 25.975349 ] }, { "date": "2025-04-18", "close": 25.844999, "volume": 18473, "typical_volume": 22945.85, "trend": 25.735333, "fair_value": 24.826699, "relative_strength": 2.95996, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -8.992858, "energy": 13.498524, "activity_lines": [ 25.732666, 26.016818, 26.164178, 25.983263 ] }, { "date": "2025-04-25", "close": 26.567499, "volume": 4854, "typical_volume": 23149.85, "trend": 25.75875, "fair_value": 24.797324, "relative_strength": 3.98447, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.1374, "energy": 13.732591, "activity_lines": [ 25.967833, 26.072454, 26.213666, 26.036951 ] }, { "date": "2025-05-02", "close": 26.6175, "volume": 3634, "typical_volume": 23000.45, "trend": 25.8225, "fair_value": 24.77359, "relative_strength": 1.943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.688216, "energy": 13.249695, "activity_lines": [ 26.197833, 26.142863, 26.260821, 26.092355 ] }, { "date": "2025-05-09", "close": 26.225, "volume": 2361, "typical_volume": 23030.55, "trend": 25.856666, "fair_value": 24.760353, "relative_strength": 0.820959, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.647445, "energy": 16.292769, "activity_lines": [ 26.285833, 26.148682, 26.264393, 26.118322 ] }, { "date": "2025-05-16", "close": 26.625, "volume": 12622, "typical_volume": 23416.8, "trend": 25.910833, "fair_value": 24.757212, "relative_strength": 0.722617, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.849802, "energy": 22.47827, "activity_lines": [ 26.457166, 26.232045, 26.301512, 26.167892 ] }, { "date": "2025-05-23", "close": 26.219999, "volume": 1941, "typical_volume": 23470.0, "trend": 25.9555, "fair_value": 24.749199, "relative_strength": -1.282752, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 34.684939, "energy": 18.824028, "activity_lines": [ 26.405166, 26.24259, 26.293488, 26.187838 ] }, { "date": "2025-05-30", "close": 25.827499, "volume": 5888, "typical_volume": 23515.25, "trend": 25.976083, "fair_value": 24.739792, "relative_strength": -3.439685, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.754754, "energy": 9.14472, "activity_lines": [ 26.197333, 26.182772, 26.246012, 26.17958 ] }, { "date": "2025-06-06", "close": 26.105, "volume": 12152, "typical_volume": 22868.0, "trend": 26.00375, "fair_value": 24.73851, "relative_strength": -3.176436, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.475806, "energy": 7.003762, "activity_lines": [ 26.131333, 26.180909, 26.223262, 26.187898 ] }, { "date": "2025-06-13", "close": 25.34, "volume": 2734, "typical_volume": 22969.55, "trend": 26.019667, "fair_value": 24.735913, "relative_strength": -6.103289, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.613627, "energy": 17.886622, "activity_lines": [ 25.8445, 26.046227, 26.128369, 26.145075 ] }, { "date": "2025-06-20", "close": 25.272499, "volume": 0, "typical_volume": 22868.6, "trend": 26.020583, "fair_value": 24.737035, "relative_strength": -5.481035, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.4026, "energy": 30.17543, "activity_lines": [ 25.594166, 25.901727, 26.032857, 26.096871 ] }, { "date": "2025-06-27", "close": 26.4925, "volume": 830, "typical_volume": 20249.35, "trend": 26.075, "fair_value": 24.744615, "relative_strength": -1.214705, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.062599, "energy": 17.099618, "activity_lines": [ 25.840666, 25.979545, 26.060595, 26.127317 ] }, { "date": "2025-07-04", "close": 26.9175, "volume": 1403, "typical_volume": 20316.65, "trend": 26.136333, "fair_value": 24.755272, "relative_strength": 0.011707, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 10.151463, "energy": 4.655544, "activity_lines": [ 26.210666, 26.122863, 26.129369, 26.181672 ] }, { "date": "2025-07-11", "close": 26.945, "volume": 559, "typical_volume": 14312.0, "trend": 26.190666, "fair_value": 24.768606, "relative_strength": -1.234196, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.205548, "energy": 39.045442, "activity_lines": [ 26.517167, 26.264818, 26.200583, 26.233844 ] }, { "date": "2025-07-18", "close": 27.1525, "volume": 200, "typical_volume": 13189.9, "trend": 26.253416, "fair_value": 24.773141, "relative_strength": -1.038238, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 57.6157, "energy": 60.456661, "activity_lines": [ 26.836833, 26.438545, 26.291774, 26.295898 ] }, { "date": "2025-07-25", "close": 27.225, "volume": 798, "typical_volume": 12238.85, "trend": 26.319416, "fair_value": 24.775128, "relative_strength": -2.161606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.172397, "energy": 72.149832, "activity_lines": [ 27.059833, 26.608591, 26.386714, 26.35858 ] }, { "date": "2025-08-01", "close": 27.0425, "volume": 4669, "typical_volume": 12139.4, "trend": 26.361333, "fair_value": 24.777933, "relative_strength": -2.24434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.84918, "energy": 68.732215, "activity_lines": [ 27.091833, 26.734545, 26.461631, 26.405231 ] }, { "date": "2025-08-08", "close": 27.405001, "volume": 459, "typical_volume": 11912.0, "trend": 26.425833, "fair_value": 24.777067, "relative_strength": -1.220923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.677171, "energy": 70.653492, "activity_lines": [ 27.208, 26.911455, 26.567417, 26.472564 ] }, { "date": "2025-08-15", "close": 27.192499, "volume": 794, "typical_volume": 11698.15, "trend": 26.457083, "fair_value": 24.775545, "relative_strength": -2.427816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.829307, "energy": 61.780164, "activity_lines": [ 27.220833, 27.021045, 26.647416, 26.522027 ] }, { "date": "2025-08-22", "close": 27.5175, "volume": 54, "typical_volume": 11078.05, "trend": 26.489, "fair_value": 24.775465, "relative_strength": -3.134241, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.633922, "energy": 58.413508, "activity_lines": [ 27.3255, 27.169955, 26.754833, 26.590441 ] }, { "date": "2025-08-29", "close": 26.860001, "volume": 1470, "typical_volume": 3794.75, "trend": 26.4925, "fair_value": 24.776362, "relative_strength": -4.011503, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.738232, "energy": 40.699163, "activity_lines": [ 27.186667, 27.159727, 26.789905, 26.614376 ] }, { "date": "2025-09-05", "close": 26.7675, "volume": 48, "typical_volume": 2873.5, "trend": 26.49775, "fair_value": 24.780929, "relative_strength": -4.4643, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.041225, "energy": 28.184822, "activity_lines": [ 27.041334, 27.103818, 26.808738, 26.632118 ] }, { "date": "2025-09-12", "close": 26.567499, "volume": 50385, "typical_volume": 5150.05, "trend": 26.487333, "fair_value": 24.785337, "relative_strength": -5.850731, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.968342, "energy": 18.978745, "activity_lines": [ 26.847666, 27.006545, 26.804131, 26.636618 ] }, { "date": "2025-09-19", "close": 27.192499, "volume": 14724, "typical_volume": 5704.55, "trend": 26.494083, "fair_value": 24.801426, "relative_strength": -2.851902, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.582469, "energy": 24.487051, "activity_lines": [ 26.918166, 27.029272, 26.859047, 26.682113 ] }, { "date": "2025-09-26", "close": 27.950001, "volume": 6239, "typical_volume": 5898.45, "trend": 26.54275, "fair_value": 24.820481, "relative_strength": -0.816368, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.886411, "energy": 40.098305, "activity_lines": [ 27.241167, 27.185227, 26.983369, 26.776043 ] }, { "date": "2025-10-03", "close": 28.120001, "volume": 35310, "typical_volume": 7032.85, "trend": 26.591083, "fair_value": 24.837885, "relative_strength": -2.371299, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.814843, "energy": 74.924562, "activity_lines": [ 27.592, 27.357591, 27.115667, 26.877801 ] }, { "date": "2025-10-10", "close": 27.995001, "volume": 1915, "typical_volume": 7031.55, "trend": 26.648417, "fair_value": 24.857596, "relative_strength": -2.095613, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.237282, "energy": 78.775345, "activity_lines": [ 27.817167, 27.490955, 27.228941, 26.968376 ] }, { "date": "2025-10-17", "close": 28.475, "volume": 2796, "typical_volume": 6876.95, "trend": 26.722917, "fair_value": 24.872115, "relative_strength": 0.325434, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.999837, "energy": 86.165595, "activity_lines": [ 28.120501, 27.694273, 27.379476, 27.08622 ] }, { "date": "2025-10-24", "close": 28.5886, "volume": 0, "typical_volume": 6269.35, "trend": 26.794203, "fair_value": 24.889927, "relative_strength": -2.280744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.579439, "energy": 87.660108, "activity_lines": [ 28.334534, 27.898791, 27.528224, 27.206587 ] }, { "date": "2025-10-31", "close": 28.295, "volume": 391, "typical_volume": 6152.2, "trend": 26.888203, "fair_value": 24.906241, "relative_strength": -3.893645, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.019815, "energy": 75.882018, "activity_lines": [ 28.357627, 28.024544, 27.637183, 27.303413 ] }, { "date": "2025-11-07", "close": 27.6875, "volume": 3815, "typical_volume": 6342.95, "trend": 26.967787, "fair_value": 24.914879, "relative_strength": -5.457102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.051759, "energy": 52.077569, "activity_lines": [ 28.15522, 28.025706, 27.674213, 27.35498 ] }, { "date": "2025-11-14", "close": 27.522499, "volume": 234, "typical_volume": 6313.15, "trend": 27.023703, "fair_value": 24.930792, "relative_strength": -6.026971, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.460672, "energy": 33.715839, "activity_lines": [ 27.926646, 27.981822, 27.68403, 27.390768 ] }, { "date": "2025-11-21", "close": 27.092501, "volume": 2611, "typical_volume": 6373.55, "trend": 27.041203, "fair_value": 24.947523, "relative_strength": -5.827007, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.448819, "energy": 19.392237, "activity_lines": [ 27.58624, 27.846029, 27.647989, 27.395207 ] }, { "date": "2025-11-28", "close": 26.672501, "volume": 1435, "typical_volume": 6417.35, "trend": 27.043037, "fair_value": 24.96177, "relative_strength": -8.862688, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.40295, "energy": 23.613089, "activity_lines": [ 27.198, 27.624328, 27.571114, 27.371419 ] }, { "date": "2025-12-05", "close": 27.0, "volume": 2441, "typical_volume": 6529.4, "trend": 27.06887, "fair_value": 24.98544, "relative_strength": -7.099422, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.788472, "energy": 31.784248, "activity_lines": [ 27.046667, 27.471626, 27.526728, 27.368643 ] }, { "date": "2025-12-12", "close": 27.305, "volume": 0, "typical_volume": 6489.5, "trend": 27.091537, "fair_value": 25.012731, "relative_strength": -5.742047, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.229756, "energy": 29.840039, "activity_lines": [ 27.083334, 27.391651, 27.512116, 27.383877 ] }, { "date": "2025-12-19", "close": 26.952499, "volume": 29209, "typical_volume": 7716.5, "trend": 27.115953, "fair_value": 25.038549, "relative_strength": -9.059529, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -23.587011, "energy": 31.077487, "activity_lines": [ 27.028, 27.262404, 27.463551, 27.374907 ] }, { "date": "2025-12-26", "close": 27.317499, "volume": 0, "typical_volume": 7693.55, "trend": 27.16562, "fair_value": 25.062844, "relative_strength": -7.382321, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.784382, "energy": 19.34156, "activity_lines": [ 27.132333, 27.218474, 27.450177, 27.38791 ] }, { "date": "2026-01-02", "close": 27.215, "volume": 6540, "typical_volume": 7980.85, "trend": 27.20262, "fair_value": 25.086578, "relative_strength": -8.238835, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.705525, "energy": 8.826565, "activity_lines": [ 27.1875, 27.176954, 27.427457, 27.391096 ] }, { "date": "2026-01-09", "close": 27.577499, "volume": 2732, "typical_volume": 8114.75, "trend": 27.277203, "fair_value": 25.110295, "relative_strength": -8.394838, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.258807, "energy": 7.354816, "activity_lines": [ 27.327333, 27.226318, 27.439154, 27.415281 ] }, { "date": "2026-01-16", "close": 28.217501, "volume": 5646, "typical_volume": 8323.55, "trend": 27.37537, "fair_value": 25.138196, "relative_strength": -7.084331, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.037962, "energy": 35.324198, "activity_lines": [ 27.642, 27.405091, 27.511518, 27.475946 ] }, { "date": "2026-01-23", "close": 28.950001, "volume": 4182, "typical_volume": 8530.25, "trend": 27.457287, "fair_value": 25.170183, "relative_strength": -3.640184, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 80.741634, "energy": 69.214167, "activity_lines": [ 28.14, 27.707409, 27.64718, 27.577535 ] }, { "date": "2026-01-30", "close": 29.2575, "volume": 31213, "typical_volume": 7571.65, "trend": 27.535287, "fair_value": 25.205488, "relative_strength": -3.239741, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.177124, "energy": 85.431047, "activity_lines": [ 28.607334, 28.039682, 27.801734, 27.693678 ] }, { "date": "2026-02-06", "close": 29.7125, "volume": 1199, "typical_volume": 6895.4, "trend": 27.627537, "fair_value": 25.249142, "relative_strength": -2.999492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.306236, "energy": 94.021035, "activity_lines": [ 29.097, 28.415318, 27.986812, 27.834143 ] }, { "date": "2026-02-13", "close": 29.602501, "volume": 3236, "typical_volume": 6745.25, "trend": 27.709203, "fair_value": 25.291369, "relative_strength": -3.914357, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.256435, "energy": 91.755831, "activity_lines": [ 29.383501, 28.715682, 28.149414, 27.96156 ] }, { "date": "2026-02-20", "close": 29.1675, "volume": 1345, "typical_volume": 5047.0, "trend": 27.773953, "fair_value": 25.336321, "relative_strength": -7.222396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.672028, "energy": 87.200092, "activity_lines": [ 29.39, 28.889637, 28.262718, 28.055644 ] }, { "date": "2026-02-27", "close": 28.504999, "volume": 231, "typical_volume": 4962.8, "trend": 27.822703, "fair_value": 25.37161, "relative_strength": -10.9592, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.525684, "energy": 66.856852, "activity_lines": [ 29.112333, 28.909273, 28.307939, 28.102808 ] }, { "date": "2026-03-06", "close": 27.645, "volume": 1331, "typical_volume": 4889.55, "trend": 27.830703, "fair_value": 25.401978, "relative_strength": -8.159613, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.860095, "energy": 22.328505, "activity_lines": [ 28.577667, 28.744318, 28.268827, 28.091343 ] }, { "date": "2026-03-13", "close": 27.157499, "volume": 1783, "typical_volume": 4978.7, "trend": 27.829537, "fair_value": 25.434927, "relative_strength": -9.335047, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.303386, "energy": 21.290089, "activity_lines": [ 27.988, 28.484773, 28.187238, 28.047911 ] }, { "date": "2026-03-20", "close": 27.0275, "volume": 2637, "typical_volume": 5091.0, "trend": 27.813203, "fair_value": 25.462844, "relative_strength": -6.458729, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -24.889276, "energy": 38.970132, "activity_lines": [ 27.525333, 28.202636, 28.100083, 27.996166 ] }, { "date": "2026-03-27", "close": 27.497499, "volume": 10464, "typical_volume": 5423.45, "trend": 27.834453, "fair_value": 25.491578, "relative_strength": -5.115535, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.18241, "energy": 36.544102, "activity_lines": [ 27.390999, 28.015954, 28.063726, 27.975798 ] }, { "date": "2026-04-03", "close": 28.084999, "volume": 7363, "typical_volume": 5779.9, "trend": 27.87837, "fair_value": 25.520953, "relative_strength": -7.152902, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.126221, "energy": 29.18747, "activity_lines": [ 27.563833, 27.949181, 28.084226, 27.991963 ] }, { "date": "2026-04-10", "close": 28.8025, "volume": 15899, "typical_volume": 6444.3, "trend": 27.95287, "fair_value": 25.555295, "relative_strength": -5.969067, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.302922, "energy": 16.270441, "activity_lines": [ 28.003833, 28.02859, 28.170381, 28.051584 ] }, { "date": "2026-04-17", "close": 29.5375, "volume": 249, "typical_volume": 6385.0, "trend": 28.031037, "fair_value": 25.592892, "relative_strength": -3.949724, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.480997, "energy": 38.914417, "activity_lines": [ 28.611666, 28.249909, 28.318393, 28.153818 ] }, { "date": "2026-04-24", "close": 28.459999, "volume": 1477, "typical_volume": 6336.8, "trend": 28.048037, "fair_value": 25.620279, "relative_strength": -4.617045, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.70792, "energy": 35.526766, "activity_lines": [ 28.701666, 28.278499, 28.350143, 28.181493 ] }, { "date": "2026-05-01", "close": 28.502501, "volume": 12812, "typical_volume": 6977.4, "trend": 28.060787, "fair_value": 25.649719, "relative_strength": -4.112453, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.452007, "energy": 36.478492, "activity_lines": [ 28.710333, 28.335591, 28.378988, 28.210813 ] }, { "date": "2026-05-08", "close": 28.299999, "volume": 1832, "typical_volume": 5608.55, "trend": 28.070953, "fair_value": 25.677811, "relative_strength": -3.382424, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.749092, "energy": 37.026757, "activity_lines": [ 28.5845, 28.367954, 28.382845, 28.226246 ] }, { "date": "2026-05-15", "close": 27.790001, "volume": 1881, "typical_volume": 5702.6, "trend": 28.04812, "fair_value": 25.701561, "relative_strength": -4.554714, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.806434, "energy": 5.805724, "activity_lines": [ 28.274333, 28.311318, 28.331714, 28.208121 ] }, { "date": "2026-05-22", "close": 27.9275, "volume": 455, "typical_volume": 5398.35, "trend": 28.026083, "fair_value": 25.72927, "relative_strength": -6.351171, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.113997, "energy": 10.930603, "activity_lines": [ 28.0775, 28.277045, 28.291428, 28.200339 ] }, { "date": "2026-05-29", "close": 28.057501, "volume": 0, "typical_volume": 5261.75, "trend": 28.018167, "fair_value": 25.758164, "relative_strength": -5.240954, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.500986, "energy": 13.834117, "activity_lines": [ 28.031334, 28.252409, 28.260131, 28.202366 ] }, { "date": "2026-06-05", "close": 27.522499, "volume": 186, "typical_volume": 4988.75, "trend": 28.012667, "fair_value": 25.781353, "relative_strength": -6.489291, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.228303, "energy": 24.086298, "activity_lines": [ 27.833667, 28.111773, 28.175595, 28.170387 ] }, { "date": "2026-06-12", "close": 28.307501, "volume": 0, "typical_volume": 4779.65, "trend": 28.038833, "fair_value": 25.808212, "relative_strength": -4.670458, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.365795, "energy": 20.230482, "activity_lines": [ 27.963, 28.113409, 28.169131, 28.189409 ] }, { "date": "2026-06-19", "close": 28.592501, "volume": 0, "typical_volume": 3219.0, "trend": 28.088833, "fair_value": 25.840183, "relative_strength": -2.623493, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.68661, "energy": 10.855805, "activity_lines": [ 28.186834, 28.162819, 28.192869, 28.225129 ] }, { "date": "2026-06-26", "close": 27.977501, "volume": 28, "typical_volume": 3160.45, "trend": 28.132333, "fair_value": 25.865376, "relative_strength": -5.807325, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.830907, "energy": 5.363833, "activity_lines": [ 28.152167, 28.104228, 28.161203, 28.217946 ] }, { "date": "2026-07-03", "close": 27.84, "volume": 175, "typical_volume": 3007.4, "trend": 28.160333, "fair_value": 25.889767, "relative_strength": -7.491757, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.740604, "energy": 7.448529, "activity_lines": [ 28.068334, 28.049, 28.124703, 28.199086 ] }, { "date": "2026-07-10", "close": 27.942499, "volume": 5572, "typical_volume": 3218.75, "trend": 28.181583, "fair_value": 25.911962, "relative_strength": -5.316763, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -10.229693, "energy": 7.195063, "activity_lines": [ 28.033167, 28.023682, 28.106357, 28.185032 ] }, { "date": "2026-07-17", "close": 27.4475, "volume": 2, "typical_volume": 3207.3, "trend": 28.198083, "fair_value": 25.931578, "relative_strength": -7.626756, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -65.019405, "energy": 54.974622, "activity_lines": [ 27.805, 27.918546, 28.046702, 28.137672 ] }, { "date": "2026-07-24", "close": 27.5, "volume": 54, "typical_volume": 3143.45, "trend": 28.204167, "fair_value": 25.9481, "relative_strength": -8.354332, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.487091, "energy": 64.514339, "activity_lines": [ 27.651667, 27.838455, 27.997083, 28.092634 ] }, { "date": "2026-07-31", "close": 27.365, "volume": 9805, "typical_volume": 3544.55, "trend": 28.209167, "fair_value": 25.968821, "relative_strength": -9.622431, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.571894, "energy": 68.141899, "activity_lines": [ 27.526167, 27.739091, 27.935298, 28.038495 ] }, { "date": "2026-08-07", "close": 28.1, "volume": 756, "typical_volume": 3450.5, "trend": 28.226583, "fair_value": 25.996513, "relative_strength": -7.1971, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.161352, "energy": 51.493304, "activity_lines": [ 27.6865, 27.783591, 27.942524, 28.031452 ] } ], "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." } } }