{ "ticker": { "uuid": "62e1eb22-2ae3-40b5-b2d3-ce9736abc007", "symbol": "RFDI", "name": "FIRST TRUST RIVERFRONT DYNAMIC DEVELOPED INTERNATIONAL ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.303, "architecture_energy": 85.142, "architecture_maturity": 36.125, "architecture_confidence": 70.293, "architecture_tenure": "Established", "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": 5.88, "rotation_up": 83.14, "upward_expansion": 96.68, "deceleration": 39.43, "rotation_down": 10.22, "downward_expansion": 18.68 }, "activity_lines": [ 90.37688, 89.114424, 87.598078, 86.607886 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 1.0 }, "latest_close": 92.1982, "trend_reference": 85.640888, "distance_from_trend": 0.076568, "trend_direction": "Improving", "fair_value": 67.30933, "distance_from_fair_value": 0.369769, "fair_value_direction": "Improving", "relative_strength": -1.422853, "relative_strength_direction": "Improving", "price_momentum": 0.068487, "excess_performance": -0.118967, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.076568, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.038635, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.369769, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.037443, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.014229, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.066577, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.068487, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.461301, "read": "Demand-led" } ], "volume": { "latest": 70495, "relative_activity": 3.273827, "balance": 3.461301, "dry_up": 1.66104, "accumulation_observations": 5, "distribution_observations": 1 }, "risk": { "range_context": 0.023398, "annualized_volatility": 0.159356, "from_high_reference": 0.0, "from_low_reference": 0.270441 }, "levels": { "trend_reference": 85.640888, "fair_value_reference": 67.30933, "structural_low": 79.490067, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.012498, "positive_rate": 0.641026, "directional_follow_through": 0.641026, "median_excess_return": -0.012617, "regime_survival": 0.769231, "best_return": 0.062551, "worst_return": -0.08605, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 14, "median_return": 0.031162, "positive_rate": 0.642857, "directional_follow_through": 0.642857, "median_excess_return": -0.034073, "regime_survival": 0.642857, "best_return": 0.099799, "worst_return": -0.082084, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.05892, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": -0.088806, "regime_survival": 0.571429, "best_return": 0.163579, "worst_return": -0.017769, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.090731, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.102931, "regime_survival": 0.25, "best_return": 0.232137, "worst_return": -0.216058, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-04-26", "end": "2024-05-10", "tenure": "New", "return": 0.028218, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-06-21", "tenure": "Developing", "return": -0.031344, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-12", "tenure": "New", "return": 0.045419, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-11-15", "tenure": "Established", "return": -0.024568, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": 0.014275, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-20", "end": "2024-12-20", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": 0.046126, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-03-21", "tenure": "Developing", "return": 0.026952, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.045566, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.057649, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2026-03-13", "tenure": "Extended", "return": 0.201262, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.05926, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.086537, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 50.933415, "volume": 14573, "typical_volume": 23466.1, "trend": 50.786105, "fair_value": 52.477367, "relative_strength": -9.596484, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.129486, "energy": 18.524456, "activity_lines": [ 52.049125, 52.22071, 51.888645, 51.407845 ] }, { "date": "2023-08-25", "close": 51.030033, "volume": 24936, "typical_volume": 24283.65, "trend": 50.812504, "fair_value": 52.503915, "relative_strength": -10.752738, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.491126, "energy": 18.090795, "activity_lines": [ 51.572815, 52.011414, 51.834849, 51.423582 ] }, { "date": "2023-09-01", "close": 52.168385, "volume": 28311, "typical_volume": 24942.05, "trend": 50.883373, "fair_value": 52.542444, "relative_strength": -11.901445, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.512893, "energy": 20.979535, "activity_lines": [ 51.628727, 52.036593, 51.885357, 51.511058 ] }, { "date": "2023-09-08", "close": 51.27848, "volume": 4521, "typical_volume": 24177.15, "trend": 50.93496, "fair_value": 52.574641, "relative_strength": -12.109448, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.908441, "energy": 17.736232, "activity_lines": [ 51.481233, 51.877493, 51.847125, 51.536549 ] }, { "date": "2023-09-15", "close": 52.177465, "volume": 10803, "typical_volume": 22580.6, "trend": 51.019182, "fair_value": 52.609125, "relative_strength": -10.006649, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 21.175663, "energy": 11.998173, "activity_lines": [ 51.699992, 51.893072, 51.895192, 51.61671 ] }, { "date": "2023-09-22", "close": 51.385632, "volume": 19808, "typical_volume": 22762.65, "trend": 51.115568, "fair_value": 52.647424, "relative_strength": -8.236213, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 9.885548, "energy": 5.364657, "activity_lines": [ 51.656018, 51.741402, 51.862865, 51.640352 ] }, { "date": "2023-09-29", "close": 50.620585, "volume": 16050, "typical_volume": 22255.25, "trend": 51.141369, "fair_value": 52.67469, "relative_strength": -9.560384, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.588635, "energy": 9.413233, "activity_lines": [ 51.32688, 51.484512, 51.757255, 51.608418 ] }, { "date": "2023-10-06", "close": 50.301816, "volume": 12380, "typical_volume": 20757.6, "trend": 51.208152, "fair_value": 52.6919, "relative_strength": -11.519485, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.53919, "energy": 31.640786, "activity_lines": [ 50.918782, 51.218773, 51.622684, 51.554253 ] }, { "date": "2023-10-13", "close": 50.256277, "volume": 18526, "typical_volume": 20918.5, "trend": 51.31079, "fair_value": 52.711961, "relative_strength": -11.512296, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -37.418475, "energy": 50.200119, "activity_lines": [ 50.619942, 51.004118, 51.488122, 51.492842 ] }, { "date": "2023-10-20", "close": 48.944769, "volume": 17110, "typical_volume": 20830.7, "trend": 51.335898, "fair_value": 52.723457, "relative_strength": -11.036185, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -51.156254, "energy": 65.127755, "activity_lines": [ 49.95208, 50.587754, 51.2295, 51.340196 ] }, { "date": "2023-10-27", "close": 48.352768, "volume": 16209, "typical_volume": 20522.7, "trend": 51.280469, "fair_value": 52.747499, "relative_strength": -9.575648, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.220607, "energy": 81.550397, "activity_lines": [ 49.302398, 50.12286, 50.924088, 51.147736 ] }, { "date": "2023-11-03", "close": 50.939355, "volume": 11255, "typical_volume": 20362.05, "trend": 51.306218, "fair_value": 52.764868, "relative_strength": -10.205413, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.405702, "energy": 63.406625, "activity_lines": [ 49.717102, 50.175175, 50.878656, 51.125728 ] }, { "date": "2023-11-10", "close": 50.502185, "volume": 14750, "typical_volume": 20282.35, "trend": 51.278588, "fair_value": 52.777601, "relative_strength": -13.157494, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.63464, "energy": 45.494503, "activity_lines": [ 49.964831, 50.149654, 50.799223, 51.073855 ] }, { "date": "2023-11-17", "close": 52.387479, "volume": 20519, "typical_volume": 20128.25, "trend": 51.310787, "fair_value": 52.799265, "relative_strength": -11.391797, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -14.653321, "energy": 10.84597, "activity_lines": [ 50.827634, 50.497208, 50.90139, 51.145396 ] }, { "date": "2023-11-24", "close": 52.81554, "volume": 15324, "typical_volume": 19914.5, "trend": 51.366922, "fair_value": 52.819392, "relative_strength": -11.108477, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 18.516106, "energy": 27.770705, "activity_lines": [ 51.691043, 50.902427, 51.041983, 51.242477 ] }, { "date": "2023-12-01", "close": 53.416648, "volume": 50631, "typical_volume": 21795.9, "trend": 51.437579, "fair_value": 52.837819, "relative_strength": -9.865251, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.537558, "energy": 40.742442, "activity_lines": [ 52.496771, 51.405337, 51.23069, 51.374718 ] }, { "date": "2023-12-08", "close": 53.425756, "volume": 21809, "typical_volume": 20412.3, "trend": 51.521294, "fair_value": 52.855124, "relative_strength": -9.985837, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.687374, "energy": 57.568046, "activity_lines": [ 52.967942, 51.872976, 51.419466, 51.502987 ] }, { "date": "2023-12-15", "close": 54.348821, "volume": 45008, "typical_volume": 20827.35, "trend": 51.62577, "fair_value": 52.870553, "relative_strength": -10.97717, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.378257, "energy": 81.399035, "activity_lines": [ 53.581042, 52.457442, 51.695656, 51.685408 ] }, { "date": "2023-12-22", "close": 55.599764, "volume": 20156, "typical_volume": 19939.5, "trend": 51.797968, "fair_value": 52.892606, "relative_strength": -9.291579, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.187076, "energy": 89.031556, "activity_lines": [ 54.354681, 53.19577, 52.087261, 51.941795 ] }, { "date": "2023-12-29", "close": 55.873699, "volume": 9389, "typical_volume": 19603.4, "trend": 51.961798, "fair_value": 52.912689, "relative_strength": -8.649762, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.786177, "energy": 91.748529, "activity_lines": [ 55.005478, 53.88675, 52.489133, 52.204745 ] }, { "date": "2024-01-05", "close": 55.565248, "volume": 13523, "typical_volume": 19550.9, "trend": 52.106744, "fair_value": 52.919982, "relative_strength": -5.740496, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.378405, "energy": 89.121234, "activity_lines": [ 55.349582, 54.395668, 52.844114, 52.437226 ] }, { "date": "2024-01-12", "close": 56.069472, "volume": 14262, "typical_volume": 19017.2, "trend": 52.224305, "fair_value": 52.937908, "relative_strength": -7.366641, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.24523, "energy": 90.068547, "activity_lines": [ 55.71852, 54.865126, 53.225061, 52.692886 ] }, { "date": "2024-01-19", "close": 55.289577, "volume": 22242, "typical_volume": 18713.75, "trend": 52.369554, "fair_value": 52.945008, "relative_strength": -10.624495, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.221172, "energy": 82.848296, "activity_lines": [ 55.651245, 55.099511, 53.507734, 52.890645 ] }, { "date": "2024-01-26", "close": 56.129829, "volume": 8188, "typical_volume": 18897.1, "trend": 52.510683, "fair_value": 52.971352, "relative_strength": -9.374799, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.181699, "energy": 71.154584, "activity_lines": [ 55.801338, 55.399625, 53.855568, 53.133244 ] }, { "date": "2024-02-02", "close": 56.129372, "volume": 17332, "typical_volume": 19223.55, "trend": 52.685092, "fair_value": 52.987825, "relative_strength": -10.074809, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.577454, "energy": 70.97646, "activity_lines": [ 55.91594, 55.631614, 54.180258, 53.366708 ] }, { "date": "2024-02-09", "close": 55.864111, "volume": 16061, "typical_volume": 19036.2, "trend": 52.772263, "fair_value": 52.993779, "relative_strength": -11.687969, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.071445, "energy": 61.152454, "activity_lines": [ 55.925077, 55.755122, 54.460865, 53.571806 ] }, { "date": "2024-02-16", "close": 56.513064, "volume": 18052, "typical_volume": 19136.3, "trend": 52.878644, "fair_value": 53.004628, "relative_strength": -8.896918, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.890614, "energy": 65.867755, "activity_lines": [ 56.130608, 55.952121, 54.781952, 53.813148 ] }, { "date": "2024-02-23", "close": 57.242098, "volume": 10385, "typical_volume": 19036.55, "trend": 53.001154, "fair_value": 53.033141, "relative_strength": -8.591314, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.465909, "energy": 76.960763, "activity_lines": [ 56.549577, 56.22554, 55.144411, 54.094661 ] }, { "date": "2024-03-01", "close": 57.58123, "volume": 13957, "typical_volume": 18808.1, "trend": 53.17795, "fair_value": 53.066842, "relative_strength": -9.406876, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.086323, "energy": 74.352546, "activity_lines": [ 56.951422, 56.508014, 55.50612, 54.390149 ] }, { "date": "2024-03-08", "close": 58.421299, "volume": 8039, "typical_volume": 18354.55, "trend": 53.385472, "fair_value": 53.098006, "relative_strength": -6.257242, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.076225, "energy": 84.465917, "activity_lines": [ 57.53653, 56.907201, 55.912954, 54.72843 ] }, { "date": "2024-03-15", "close": 57.961909, "volume": 23261, "typical_volume": 18707.15, "trend": 53.619756, "fair_value": 53.12645, "relative_strength": -5.620155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.335545, "energy": 83.802249, "activity_lines": [ 57.815713, 57.176543, 56.23091, 55.023684 ] }, { "date": "2024-03-22", "close": 58.429595, "volume": 9944, "typical_volume": 18641.6, "trend": 53.866408, "fair_value": 53.153934, "relative_strength": -7.319133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.231779, "energy": 85.999989, "activity_lines": [ 58.110938, 57.487342, 56.547651, 55.333996 ] }, { "date": "2024-03-29", "close": 58.922557, "volume": 7926, "typical_volume": 18300.4, "trend": 54.091547, "fair_value": 53.182128, "relative_strength": -5.727948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.937244, "energy": 85.089197, "activity_lines": [ 58.442715, 57.84486, 56.875672, 55.660199 ] }, { "date": "2024-04-05", "close": 58.427486, "volume": 18513, "typical_volume": 18200.1, "trend": 54.329847, "fair_value": 53.199487, "relative_strength": -5.431083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.183972, "energy": 67.9359, "activity_lines": [ 58.497437, 58.046311, 57.116446, 55.939937 ] }, { "date": "2024-04-12", "close": 57.116466, "volume": 17673, "typical_volume": 18317.55, "trend": 54.49448, "fair_value": 53.200699, "relative_strength": -6.681105, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.09334, "energy": 56.741802, "activity_lines": [ 58.058736, 57.967619, 57.2036, 56.119719 ] }, { "date": "2024-04-19", "close": 56.646791, "volume": 21481, "typical_volume": 16860.05, "trend": 54.669852, "fair_value": 53.197111, "relative_strength": -1.812938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.005964, "energy": 38.897809, "activity_lines": [ 57.550466, 57.785585, 57.225542, 56.258578 ] }, { "date": "2024-04-26", "close": 57.831568, "volume": 17600, "typical_volume": 16649.6, "trend": 54.910218, "fair_value": 53.208437, "relative_strength": -3.222291, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.947222, "energy": 28.504754, "activity_lines": [ 57.524795, 57.804733, 57.344938, 56.46256 ] }, { "date": "2024-05-03", "close": 58.546211, "volume": 15396, "typical_volume": 15169.0, "trend": 55.185031, "fair_value": 53.216408, "relative_strength": -2.690289, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.569219, "energy": 31.085562, "activity_lines": [ 57.777208, 57.929845, 57.511416, 56.69714 ] }, { "date": "2024-05-10", "close": 59.463467, "volume": 12464, "typical_volume": 14784.4, "trend": 55.491938, "fair_value": 53.234562, "relative_strength": -2.321764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.625986, "energy": 49.725343, "activity_lines": [ 58.360462, 58.198018, 57.745263, 56.973168 ] }, { "date": "2024-05-17", "close": 60.639901, "volume": 6829, "typical_volume": 14656.4, "trend": 55.881776, "fair_value": 53.255701, "relative_strength": -2.269087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.475989, "energy": 80.36389, "activity_lines": [ 59.266796, 58.645867, 58.072753, 57.305295 ] }, { "date": "2024-05-24", "close": 60.132729, "volume": 11807, "typical_volume": 14570.6, "trend": 56.274441, "fair_value": 53.26856, "relative_strength": -4.203087, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.235152, "energy": 83.999354, "activity_lines": [ 59.769176, 58.961164, 58.329246, 57.57955 ] }, { "date": "2024-05-31", "close": 60.366787, "volume": 22306, "typical_volume": 14972.8, "trend": 56.588689, "fair_value": 53.280127, "relative_strength": -2.13836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.333618, "energy": 85.320344, "activity_lines": [ 60.11718, 59.279547, 58.586279, 57.843572 ] }, { "date": "2024-06-07", "close": 59.986041, "volume": 8969, "typical_volume": 14309.15, "trend": 56.904817, "fair_value": 53.284882, "relative_strength": -5.117137, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.52757, "energy": 81.184132, "activity_lines": [ 60.169254, 59.493483, 58.786587, 58.062756 ] }, { "date": "2024-06-14", "close": 58.592051, "volume": 12008, "typical_volume": 14500.15, "trend": 57.111636, "fair_value": 53.291287, "relative_strength": -10.189319, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.340928, "energy": 48.03207, "activity_lines": [ 59.660676, 59.434629, 58.831771, 58.17161 ] }, { "date": "2024-06-21", "close": 58.739197, "volume": 10757, "typical_volume": 14171.4, "trend": 57.309091, "fair_value": 53.290499, "relative_strength": -9.908866, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.198294, "energy": 31.515077, "activity_lines": [ 59.259241, 59.399538, 58.879243, 58.276614 ] }, { "date": "2024-06-28", "close": 59.289993, "volume": 11841, "typical_volume": 13960.4, "trend": 57.50487, "fair_value": 53.292866, "relative_strength": -8.7789, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.377969, "energy": 22.107448, "activity_lines": [ 59.168118, 59.435087, 58.966745, 58.404414 ] }, { "date": "2024-07-05", "close": 60.939266, "volume": 5941, "typical_volume": 13354.85, "trend": 57.75532, "fair_value": 53.302204, "relative_strength": -9.243195, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.083212, "energy": 33.518413, "activity_lines": [ 59.682936, 59.722445, 59.195006, 58.625988 ] }, { "date": "2024-07-12", "close": 61.982875, "volume": 19230, "typical_volume": 13797.1, "trend": 58.009788, "fair_value": 53.319875, "relative_strength": -7.225678, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 80.253425, "energy": 56.556927, "activity_lines": [ 60.507458, 60.143047, 59.501581, 58.898733 ] }, { "date": "2024-07-19", "close": 60.734272, "volume": 5555, "typical_volume": 13377.0, "trend": 58.180939, "fair_value": 53.322491, "relative_strength": -5.144753, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.612105, "energy": 67.058355, "activity_lines": [ 60.782656, 60.274145, 59.666667, 59.074506 ] }, { "date": "2024-07-26", "close": 61.004678, "volume": 51960, "typical_volume": 15573.05, "trend": 58.351971, "fair_value": 53.324508, "relative_strength": -2.073161, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.237304, "energy": 70.67514, "activity_lines": [ 61.005175, 60.431303, 59.842492, 59.256683 ] }, { "date": "2024-08-02", "close": 59.215449, "volume": 15226, "typical_volume": 15171.3, "trend": 58.473645, "fair_value": 53.310809, "relative_strength": -1.79947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.242848, "energy": 39.484013, "activity_lines": [ 60.480253, 60.256514, 59.835611, 59.312391 ] }, { "date": "2024-08-09", "close": 59.512784, "volume": 11202, "typical_volume": 15234.2, "trend": 58.588422, "fair_value": 53.29515, "relative_strength": -1.509848, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.318994, "energy": 19.374696, "activity_lines": [ 60.059411, 60.152464, 59.851079, 59.379433 ] }, { "date": "2024-08-16", "close": 61.700728, "volume": 8744, "typical_volume": 15275.1, "trend": 58.802127, "fair_value": 53.30094, "relative_strength": -2.996044, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.990426, "energy": 31.60728, "activity_lines": [ 60.462983, 60.461749, 60.069765, 59.580227 ] }, { "date": "2024-08-23", "close": 63.630098, "volume": 44416, "typical_volume": 16570.25, "trend": 59.052136, "fair_value": 53.312709, "relative_strength": -0.876273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.277604, "energy": 47.70766, "activity_lines": [ 61.528489, 61.090652, 60.458971, 59.891709 ] }, { "date": "2024-08-30", "close": 63.427154, "volume": 83718, "typical_volume": 19872.5, "trend": 59.295395, "fair_value": 53.316523, "relative_strength": -0.333461, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.050508, "energy": 75.731462, "activity_lines": [ 62.333291, 61.591056, 60.804074, 60.173968 ] }, { "date": "2024-09-06", "close": 61.150504, "volume": 13327, "typical_volume": 19464.8, "trend": 59.471608, "fair_value": 53.311681, "relative_strength": 2.029184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.121073, "energy": 68.796434, "activity_lines": [ 62.217711, 61.592287, 60.902303, 60.293652 ] }, { "date": "2024-09-13", "close": 62.327638, "volume": 12454, "typical_volume": 19207.5, "trend": 59.665427, "fair_value": 53.319734, "relative_strength": -1.687694, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.084584, "energy": 67.832928, "activity_lines": [ 62.365506, 61.773716, 61.091194, 60.477912 ] }, { "date": "2024-09-20", "close": 62.923986, "volume": 20748, "typical_volume": 19475.1, "trend": 59.854824, "fair_value": 53.336179, "relative_strength": -2.011016, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.113138, "energy": 50.318424, "activity_lines": [ 62.524427, 62.038328, 61.315469, 60.688142 ] }, { "date": "2024-09-27", "close": 63.881938, "volume": 8625, "typical_volume": 19283.15, "trend": 60.064847, "fair_value": 53.377567, "relative_strength": -1.381315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.751906, "energy": 48.261043, "activity_lines": [ 62.921114, 62.460003, 61.610132, 60.947956 ] }, { "date": "2024-10-04", "close": 62.794042, "volume": 14185, "typical_volume": 19650.95, "trend": 60.210605, "fair_value": 53.412514, "relative_strength": -3.033824, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.73328, "energy": 44.110579, "activity_lines": [ 62.93838, 62.626647, 61.780145, 61.124033 ] }, { "date": "2024-10-11", "close": 62.850571, "volume": 8086, "typical_volume": 19464.9, "trend": 60.373561, "fair_value": 53.433708, "relative_strength": -3.980033, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.464214, "energy": 43.703327, "activity_lines": [ 63.016696, 62.771036, 61.945284, 61.294353 ] }, { "date": "2024-10-18", "close": 62.511398, "volume": 11342, "typical_volume": 18916.7, "trend": 60.509621, "fair_value": 53.44804, "relative_strength": -4.538907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.386428, "energy": 39.019078, "activity_lines": [ 62.868617, 62.787664, 62.065179, 61.432278 ] }, { "date": "2024-10-25", "close": 60.863019, "volume": 12954, "typical_volume": 19115.95, "trend": 60.574303, "fair_value": 53.450528, "relative_strength": -6.970998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 25.889462, "energy": 15.369019, "activity_lines": [ 62.158828, 62.450067, 62.017873, 61.455078 ] }, { "date": "2024-11-01", "close": 60.804135, "volume": 18119, "typical_volume": 19421.5, "trend": 60.653525, "fair_value": 53.446394, "relative_strength": -5.353548, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.329357, "energy": 15.45162, "activity_lines": [ 61.566809, 62.116994, 61.960783, 61.469906 ] }, { "date": "2024-11-08", "close": 60.344462, "volume": 17153, "typical_volume": 19741.3, "trend": 60.761124, "fair_value": 53.43826, "relative_strength": -10.727289, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -7.184126, "energy": 21.681809, "activity_lines": [ 61.026752, 61.751725, 61.84938, 61.449966 ] }, { "date": "2024-11-15", "close": 59.242151, "volume": 42139, "typical_volume": 21256.2, "trend": 60.847636, "fair_value": 53.424924, "relative_strength": -9.026396, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -39.178495, "energy": 43.235408, "activity_lines": [ 60.282563, 61.242086, 61.625352, 61.351968 ] }, { "date": "2024-11-22", "close": 59.487109, "volume": 21443, "typical_volume": 22031.3, "trend": 60.902821, "fair_value": 53.426528, "relative_strength": -10.066038, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.855992, "energy": 59.391854, "activity_lines": [ 59.860588, 60.811681, 61.424881, 61.264192 ] }, { "date": "2024-11-29", "close": 60.270975, "volume": 39906, "typical_volume": 23065.1, "trend": 60.960313, "fair_value": 53.434009, "relative_strength": -9.324565, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.947348, "energy": 53.569905, "activity_lines": [ 59.901522, 60.575444, 61.305978, 61.223428 ] }, { "date": "2024-12-06", "close": 60.938014, "volume": 133282, "typical_volume": 29451.45, "trend": 61.009465, "fair_value": 53.436818, "relative_strength": -10.954799, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -22.408649, "energy": 39.360859, "activity_lines": [ 60.204271, 60.508723, 61.258755, 61.221989 ] }, { "date": "2024-12-13", "close": 60.336265, "volume": 15806, "typical_volume": 27643.75, "trend": 60.999344, "fair_value": 53.442587, "relative_strength": -12.230933, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.792323, "energy": 24.163579, "activity_lines": [ 60.297512, 60.386119, 61.153253, 61.178557 ] }, { "date": "2024-12-20", "close": 58.139254, "volume": 14213, "typical_volume": 27593.1, "trend": 60.932894, "fair_value": 53.424064, "relative_strength": -13.172865, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -50.755626, "energy": 36.837407, "activity_lines": [ 59.658962, 59.908745, 60.841694, 60.994035 ] }, { "date": "2024-12-27", "close": 59.069866, "volume": 10863, "typical_volume": 27576.15, "trend": 60.889664, "fair_value": 53.406033, "relative_strength": -12.265144, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.568917, "energy": 47.313222, "activity_lines": [ 59.404143, 59.686233, 60.62389, 60.87384 ] }, { "date": "2025-01-03", "close": 58.993114, "volume": 16650, "typical_volume": 27971.45, "trend": 60.856566, "fair_value": 53.39391, "relative_strength": -11.347783, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.081586, "energy": 65.022506, "activity_lines": [ 59.151556, 59.512341, 60.400885, 60.751482 ] }, { "date": "2025-01-10", "close": 58.801236, "volume": 115916, "typical_volume": 31546.45, "trend": 60.863539, "fair_value": 53.385602, "relative_strength": -9.355895, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.202001, "energy": 69.45483, "activity_lines": [ 58.9202, 59.337559, 60.172499, 60.61888 ] }, { "date": "2025-01-17", "close": 59.655096, "volume": 16977, "typical_volume": 28209.4, "trend": 60.894069, "fair_value": 53.397013, "relative_strength": -10.365468, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.957973, "energy": 44.973662, "activity_lines": [ 59.115917, 59.354441, 60.048428, 60.540916 ] }, { "date": "2025-01-24", "close": 61.170938, "volume": 12120, "typical_volume": 28149.05, "trend": 60.956767, "fair_value": 53.432694, "relative_strength": -9.214434, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.454073, "energy": 18.279329, "activity_lines": [ 59.862325, 59.659465, 60.086685, 60.558778 ] }, { "date": "2025-01-31", "close": 61.22831, "volume": 50440, "typical_volume": 30048.35, "trend": 60.966402, "fair_value": 53.458166, "relative_strength": -7.651501, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.068401, "energy": 16.731165, "activity_lines": [ 60.425745, 59.939851, 60.130309, 60.576297 ] }, { "date": "2025-02-07", "close": 61.794544, "volume": 19990, "typical_volume": 30010.45, "trend": 60.960124, "fair_value": 53.490671, "relative_strength": -6.76277, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 24.342561, "energy": 28.834632, "activity_lines": [ 61.034013, 60.29153, 60.233095, 60.629726 ] }, { "date": "2025-02-14", "close": 63.06881, "volume": 9250, "typical_volume": 30041.7, "trend": 61.037942, "fair_value": 53.532986, "relative_strength": -7.324618, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 41.00298, "energy": 44.161353, "activity_lines": [ 61.880275, 60.847193, 60.462618, 60.76577 ] }, { "date": "2025-02-21", "close": 62.96865, "volume": 9328, "typical_volume": 29798.85, "trend": 61.103408, "fair_value": 53.579486, "relative_strength": -5.173866, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.405559, "energy": 62.592464, "activity_lines": [ 62.408645, 61.345903, 60.686473, 60.890332 ] }, { "date": "2025-02-28", "close": 62.988125, "volume": 10059, "typical_volume": 29897.5, "trend": 61.229164, "fair_value": 53.652795, "relative_strength": -1.711085, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.653491, "energy": 63.992144, "activity_lines": [ 62.722604, 61.800293, 60.911352, 61.011926 ] }, { "date": "2025-03-07", "close": 64.893385, "volume": 287513, "typical_volume": 43706.05, "trend": 61.408517, "fair_value": 53.737612, "relative_strength": 4.665118, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.786867, "energy": 76.791197, "activity_lines": [ 63.550503, 62.512932, 61.31703, 61.248328 ] }, { "date": "2025-03-14", "close": 64.730288, "volume": 24121, "typical_volume": 44264.4, "trend": 61.509503, "fair_value": 53.792258, "relative_strength": 7.032772, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.001955, "energy": 73.674904, "activity_lines": [ 64.079698, 63.090036, 61.695831, 61.462635 ] }, { "date": "2025-03-21", "close": 64.768664, "volume": 16167, "typical_volume": 44166.8, "trend": 61.547455, "fair_value": 53.851022, "relative_strength": 6.78131, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 74.376852, "energy": 84.972409, "activity_lines": [ 64.425968, 63.569804, 62.059872, 61.672904 ] }, { "date": "2025-03-28", "close": 64.652122, "volume": 46888, "typical_volume": 45653.55, "trend": 61.588287, "fair_value": 53.906751, "relative_strength": 9.062496, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.82684, "energy": 82.469516, "activity_lines": [ 64.620068, 63.919884, 62.393934, 61.873205 ] }, { "date": "2025-04-04", "close": 58.793054, "volume": 81618, "typical_volume": 47627.5, "trend": 61.509705, "fair_value": 53.931839, "relative_strength": 9.941517, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": 17.253672, "energy": 17.891805, "activity_lines": [ 62.748914, 63.113824, 62.149478, 61.692867 ] }, { "date": "2025-04-11", "close": 61.472036, "volume": 56794, "typical_volume": 49395.05, "trend": 61.481185, "fair_value": 53.97715, "relative_strength": 6.856613, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 28.748033, "energy": 20.705781, "activity_lines": [ 62.050425, 62.838086, 62.162301, 61.690437 ] }, { "date": "2025-04-18", "close": 63.68846, "volume": 12606, "typical_volume": 48030.05, "trend": 61.506668, "fair_value": 54.044675, "relative_strength": 13.174523, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 38.443476, "energy": 25.836512, "activity_lines": [ 62.318834, 62.960903, 62.376761, 61.832842 ] }, { "date": "2025-04-25", "close": 65.606148, "volume": 20706, "typical_volume": 42401.25, "trend": 61.564141, "fair_value": 54.133207, "relative_strength": 9.497328, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 54.733536, "energy": 28.721761, "activity_lines": [ 63.295928, 63.397955, 62.757583, 62.097324 ] }, { "date": "2025-05-02", "close": 67.360014, "volume": 87408, "typical_volume": 45981.35, "trend": 61.71634, "fair_value": 54.241479, "relative_strength": 8.640792, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 77.684646, "energy": 60.078022, "activity_lines": [ 64.801811, 64.107759, 63.283211, 62.471252 ] }, { "date": "2025-05-09", "close": 67.39461, "volume": 17003, "typical_volume": 46120.85, "trend": 61.867808, "fair_value": 54.354874, "relative_strength": 8.842275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.953592, "energy": 79.887391, "activity_lines": [ 66.1387, 64.74401, 63.778688, 62.837592 ] }, { "date": "2025-05-16", "close": 67.996031, "volume": 53335, "typical_volume": 48244.45, "trend": 62.050629, "fair_value": 54.466733, "relative_strength": 2.823767, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.944477, "energy": 85.083829, "activity_lines": [ 67.102626, 65.409492, 64.28737, 63.232961 ] }, { "date": "2025-05-23", "close": 68.747688, "volume": 23772, "typical_volume": 48600.55, "trend": 62.313452, "fair_value": 54.573987, "relative_strength": 6.418614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.669591, "energy": 87.598819, "activity_lines": [ 67.882171, 66.155228, 64.825132, 63.665029 ] }, { "date": "2025-05-30", "close": 69.162063, "volume": 20377, "typical_volume": 43823.6, "trend": 62.592049, "fair_value": 54.684933, "relative_strength": 5.048673, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.218833, "energy": 87.549177, "activity_lines": [ 68.46256, 66.903261, 65.355909, 64.106875 ] }, { "date": "2025-06-06", "close": 70.117631, "volume": 9325, "typical_volume": 43441.0, "trend": 62.917822, "fair_value": 54.822374, "relative_strength": 4.29655, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.195767, "energy": 89.545184, "activity_lines": [ 69.12441, 67.745153, 65.928354, 64.592396 ] }, { "date": "2025-06-13", "close": 70.193182, "volume": 19269, "typical_volume": 43798.45, "trend": 63.282856, "fair_value": 54.979307, "relative_strength": 4.833511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.769122, "energy": 86.202017, "activity_lines": [ 69.627602, 68.501409, 66.458174, 65.061775 ] }, { "date": "2025-06-20", "close": 69.02715, "volume": 11073, "typical_volume": 41830.1, "trend": 63.600857, "fair_value": 55.119214, "relative_strength": 2.993514, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.428835, "energy": 68.477903, "activity_lines": [ 69.555546, 68.838385, 66.833979, 65.432374 ] }, { "date": "2025-06-27", "close": 71.104334, "volume": 20302, "typical_volume": 41845.7, "trend": 63.961969, "fair_value": 55.277924, "relative_strength": 1.782997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.304704, "energy": 65.806172, "activity_lines": [ 70.107143, 69.415664, 67.370475, 65.916469 ] }, { "date": "2025-07-04", "close": 71.314282, "volume": 10430, "typical_volume": 41904.7, "trend": 64.307845, "fair_value": 55.436151, "relative_strength": 0.520061, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.331516, "energy": 77.12292, "activity_lines": [ 70.571613, 69.896281, 67.882633, 66.390812 ] }, { "date": "2025-07-11", "close": 71.074985, "volume": 9393, "typical_volume": 41907.95, "trend": 64.665802, "fair_value": 55.596503, "relative_strength": 0.513284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.037303, "energy": 84.108189, "activity_lines": [ 70.812836, 70.229606, 68.332736, 66.827402 ] }, { "date": "2025-07-18", "close": 70.608913, "volume": 22028, "typical_volume": 42506.4, "trend": 65.081458, "fair_value": 55.743057, "relative_strength": -1.361652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.249748, "energy": 84.889798, "activity_lines": [ 70.834878, 70.410646, 68.699851, 67.210828 ] }, { "date": "2025-07-25", "close": 72.699877, "volume": 19648, "typical_volume": 29113.15, "trend": 65.535791, "fair_value": 55.892093, "relative_strength": 0.705948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.415093, "energy": 92.337767, "activity_lines": [ 71.526193, 70.913419, 69.229815, 67.702339 ] }, { "date": "2025-08-01", "close": 70.363746, "volume": 13736, "typical_volume": 28593.9, "trend": 65.914812, "fair_value": 56.031532, "relative_strength": -0.247074, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.80428, "energy": 63.013839, "activity_lines": [ 71.193949, 70.905916, 69.500117, 68.01382 ] }, { "date": "2025-08-08", "close": 72.862474, "volume": 15295, "typical_volume": 28550.3, "trend": 66.38352, "fair_value": 56.179947, "relative_strength": -0.32977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.108249, "energy": 68.393841, "activity_lines": [ 71.743986, 71.323345, 69.981567, 68.462056 ] }, { "date": "2025-08-15", "close": 74.484432, "volume": 19456, "typical_volume": 27178.7, "trend": 66.877832, "fair_value": 56.350125, "relative_strength": 1.421085, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.352016, "energy": 72.696575, "activity_lines": [ 72.731464, 71.968395, 70.578947, 68.984696 ] }, { "date": "2025-08-22", "close": 75.527223, "volume": 12305, "typical_volume": 23713.05, "trend": 67.356374, "fair_value": 56.535247, "relative_strength": 3.826222, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.095589, "energy": 73.286628, "activity_lines": [ 73.839242, 72.723647, 71.22882, 69.542721 ] }, { "date": "2025-08-29", "close": 74.18487, "volume": 14575, "typical_volume": 21602.1, "trend": 67.78826, "fair_value": 56.726954, "relative_strength": 2.32133, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.854189, "energy": 72.990945, "activity_lines": [ 74.171682, 73.137852, 71.671164, 69.983269 ] }, { "date": "2025-09-05", "close": 74.30491, "volume": 11363, "typical_volume": 21539.95, "trend": 68.205272, "fair_value": 56.910615, "relative_strength": 1.603813, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.002658, "energy": 72.640529, "activity_lines": [ 74.445136, 73.480106, 72.064402, 70.403698 ] }, { "date": "2025-09-12", "close": 75.548257, "volume": 8140, "typical_volume": 20911.65, "trend": 68.621253, "fair_value": 57.113279, "relative_strength": 1.484719, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.040481, "energy": 68.764245, "activity_lines": [ 74.870294, 73.99023, 72.5255, 70.877439 ] }, { "date": "2025-09-19", "close": 75.630338, "volume": 17031, "typical_volume": 17392.8, "trend": 69.04331, "fair_value": 57.33456, "relative_strength": -0.48114, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.172631, "energy": 66.383817, "activity_lines": [ 75.143761, 74.438297, 72.947072, 71.329638 ] }, { "date": "2025-09-26", "close": 75.227841, "volume": 34788, "typical_volume": 18282.05, "trend": 69.4513, "fair_value": 57.556028, "relative_strength": -0.477801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.328575, "energy": 63.137133, "activity_lines": [ 75.206668, 74.730359, 73.290928, 71.72864 ] }, { "date": "2025-10-03", "close": 76.719458, "volume": 13620, "typical_volume": 16296.3, "trend": 69.845503, "fair_value": 57.780846, "relative_strength": 0.318076, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.925492, "energy": 67.566725, "activity_lines": [ 75.786739, 75.209643, 73.739542, 72.197554 ] }, { "date": "2025-10-10", "close": 74.018815, "volume": 14265, "typical_volume": 15820.95, "trend": 70.15512, "fair_value": 57.992305, "relative_strength": -0.929517, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.834654, "energy": 52.187255, "activity_lines": [ 75.297624, 75.124817, 73.889412, 72.4668 ] }, { "date": "2025-10-17", "close": 75.416038, "volume": 8581, "typical_volume": 15231.15, "trend": 70.510033, "fair_value": 58.20346, "relative_strength": -1.438037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.89224, "energy": 47.893365, "activity_lines": [ 75.293323, 75.227576, 74.14725, 72.806214 ] }, { "date": "2025-10-24", "close": 76.168042, "volume": 20115, "typical_volume": 15770.65, "trend": 70.893897, "fair_value": 58.413506, "relative_strength": -2.578187, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.360414, "energy": 51.582701, "activity_lines": [ 75.548504, 75.420635, 74.446927, 73.171247 ] }, { "date": "2025-10-31", "close": 76.21573, "volume": 10228, "typical_volume": 15318.6, "trend": 71.474653, "fair_value": 58.617816, "relative_strength": -4.310331, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.016969, "energy": 48.148991, "activity_lines": [ 75.783735, 75.591754, 74.722333, 73.514591 ] }, { "date": "2025-11-07", "close": 76.333329, "volume": 13563, "typical_volume": 15443.1, "trend": 71.970029, "fair_value": 58.806336, "relative_strength": -1.232377, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.321925, "energy": 53.529927, "activity_lines": [ 75.992305, 75.771735, 74.980261, 73.828054 ] }, { "date": "2025-11-14", "close": 77.039905, "volume": 67100, "typical_volume": 17783.0, "trend": 72.415077, "fair_value": 59.003563, "relative_strength": -0.273818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.271643, "energy": 66.967572, "activity_lines": [ 76.462144, 76.041122, 75.270691, 74.155142 ] }, { "date": "2025-11-21", "close": 75.278774, "volume": 30491, "typical_volume": 18786.05, "trend": 72.737498, "fair_value": 59.180297, "relative_strength": 0.407402, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.011519, "energy": 45.26768, "activity_lines": [ 76.143532, 75.940577, 75.365129, 74.339897 ] }, { "date": "2025-11-28", "close": 77.552679, "volume": 7413, "typical_volume": 18687.05, "trend": 73.077254, "fair_value": 59.368074, "relative_strength": -1.528816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.901548, "energy": 51.090039, "activity_lines": [ 76.59204, 76.258368, 75.657251, 74.650554 ] }, { "date": "2025-12-05", "close": 77.961522, "volume": 14095, "typical_volume": 18290.4, "trend": 73.429484, "fair_value": 59.563812, "relative_strength": -2.118217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.634962, "energy": 54.378312, "activity_lines": [ 77.084519, 76.615543, 75.957464, 74.965668 ] }, { "date": "2025-12-12", "close": 78.648629, "volume": 12529, "typical_volume": 17934.45, "trend": 73.784571, "fair_value": 59.767681, "relative_strength": 0.443088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.652487, "energy": 57.427246, "activity_lines": [ 77.689648, 77.047943, 76.288104, 75.302387 ] }, { "date": "2025-12-19", "close": 79.407626, "volume": 18228, "typical_volume": 18159.05, "trend": 74.139902, "fair_value": 59.972119, "relative_strength": 0.606154, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.676236, "energy": 80.687973, "activity_lines": [ 78.393423, 77.583266, 76.662702, 75.665165 ] }, { "date": "2025-12-26", "close": 80.439934, "volume": 10742, "typical_volume": 17931.4, "trend": 74.515831, "fair_value": 60.184545, "relative_strength": 0.436484, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.6119, "energy": 88.21697, "activity_lines": [ 79.283452, 78.208304, 77.092548, 76.071618 ] }, { "date": "2026-01-02", "close": 81.101853, "volume": 8522, "typical_volume": 17384.7, "trend": 74.881972, "fair_value": 60.395737, "relative_strength": 2.765421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.961416, "energy": 92.09743, "activity_lines": [ 80.050044, 78.862347, 77.549352, 76.496523 ] }, { "date": "2026-01-09", "close": 81.779106, "volume": 19178, "typical_volume": 17728.35, "trend": 75.268169, "fair_value": 60.601459, "relative_strength": 1.174843, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.663425, "energy": 93.474147, "activity_lines": [ 80.805775, 79.549821, 78.039144, 76.9415 ] }, { "date": "2026-01-16", "close": 82.409164, "volume": 24080, "typical_volume": 18203.6, "trend": 75.714236, "fair_value": 60.808255, "relative_strength": 2.567658, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.005273, "energy": 93.489699, "activity_lines": [ 81.51702, 80.250699, 78.55917, 77.402209 ] }, { "date": "2026-01-23", "close": 83.357835, "volume": 16770, "typical_volume": 18473.95, "trend": 76.122686, "fair_value": 61.020561, "relative_strength": 3.232149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.449969, "energy": 93.50015, "activity_lines": [ 82.293786, 81.013593, 79.130384, 77.895344 ] }, { "date": "2026-01-30", "close": 85.075361, "volume": 32740, "typical_volume": 19703.95, "trend": 76.581389, "fair_value": 61.245132, "relative_strength": 5.206925, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.658217, "energy": 94.67833, "activity_lines": [ 83.379713, 81.973892, 79.822061, 78.472936 ] }, { "date": "2026-02-06", "close": 86.288581, "volume": 25206, "typical_volume": 20112.7, "trend": 77.088509, "fair_value": 61.479476, "relative_strength": 8.480748, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.262636, "energy": 92.254505, "activity_lines": [ 84.561019, 82.976658, 80.583917, 79.099207 ] }, { "date": "2026-02-13", "close": 86.900916, "volume": 22573, "typical_volume": 19501.95, "trend": 77.631575, "fair_value": 61.718259, "relative_strength": 10.221617, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.552079, "energy": 91.146167, "activity_lines": [ 85.600655, 83.931922, 81.353336, 79.732265 ] }, { "date": "2026-02-20", "close": 87.412191, "volume": 10864, "typical_volume": 19364.15, "trend": 78.121986, "fair_value": 61.967734, "relative_strength": 9.241912, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.554254, "energy": 93.227917, "activity_lines": [ 86.469261, 84.817612, 82.115863, 80.363273 ] }, { "date": "2026-02-27", "close": 87.793432, "volume": 16664, "typical_volume": 19484.1, "trend": 78.702976, "fair_value": 62.210983, "relative_strength": 9.672145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.202816, "energy": 92.269262, "activity_lines": [ 87.131413, 85.61328, 82.86378, 80.987237 ] }, { "date": "2026-03-06", "close": 82.449687, "volume": 19644, "typical_volume": 20037.25, "trend": 79.022549, "fair_value": 62.429902, "relative_strength": 4.2177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.733638, "energy": 64.889349, "activity_lines": [ 85.71661, 85.284889, 83.037176, 81.22896 ] }, { "date": "2026-03-13", "close": 80.958577, "volume": 14221, "typical_volume": 19742.55, "trend": 79.238354, "fair_value": 62.64645, "relative_strength": 3.361221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.75117, "energy": 38.317868, "activity_lines": [ 83.979815, 84.648846, 83.035067, 81.353865 ] }, { "date": "2026-03-20", "close": 79.490067, "volume": 16811, "typical_volume": 20071.7, "trend": 79.370449, "fair_value": 62.847081, "relative_strength": 3.501364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.917625, "energy": 25.103919, "activity_lines": [ 82.108851, 83.748406, 82.870289, 81.370105 ] }, { "date": "2026-03-27", "close": 79.6603, "volume": 14220, "typical_volume": 20104.55, "trend": 79.552963, "fair_value": 63.037111, "relative_strength": 7.133135, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.132234, "energy": 27.331757, "activity_lines": [ 80.788687, 82.920537, 82.706131, 81.388805 ] }, { "date": "2026-04-03", "close": 82.8656, "volume": 9992, "typical_volume": 17249.15, "trend": 79.83832, "fair_value": 63.246719, "relative_strength": 7.147025, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.679876, "energy": 23.110093, "activity_lines": [ 81.053749, 82.725429, 82.831397, 81.602523 ] }, { "date": "2026-04-10", "close": 86.0226, "volume": 18838, "typical_volume": 16666.5, "trend": 80.187464, "fair_value": 63.4691, "relative_strength": 6.405152, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.157377, "energy": 19.857318, "activity_lines": [ 82.699667, 83.113271, 83.229588, 82.001509 ] }, { "date": "2026-04-17", "close": 87.1561, "volume": 13892, "typical_volume": 16990.45, "trend": 80.571656, "fair_value": 63.698168, "relative_strength": 1.674498, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.983151, "energy": 36.70366, "activity_lines": [ 84.485224, 83.689981, 83.684571, 82.451099 ] }, { "date": "2026-04-24", "close": 84.200659, "volume": 15592, "typical_volume": 17065.3, "trend": 80.87075, "fair_value": 63.91015, "relative_strength": -3.715672, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.46434, "energy": 34.098854, "activity_lines": [ 84.872466, 83.713565, 83.812352, 82.685228 ] }, { "date": "2026-05-01", "close": 84.8551, "volume": 9583, "typical_volume": 16918.0, "trend": 81.141938, "fair_value": 64.125266, "relative_strength": -4.271683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.424153, "energy": 38.933529, "activity_lines": [ 85.163816, 83.905233, 83.972751, 82.942283 ] }, { "date": "2026-05-08", "close": 85.733089, "volume": 13939, "typical_volume": 16703.55, "trend": 81.532414, "fair_value": 64.348463, "relative_strength": -8.080556, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.355438, "energy": 47.46345, "activity_lines": [ 85.401508, 84.303029, 84.187213, 83.238486 ] }, { "date": "2026-05-15", "close": 84.189694, "volume": 17751, "typical_volume": 17054.0, "trend": 81.824869, "fair_value": 64.559843, "relative_strength": -9.281384, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.343656, "energy": 26.434481, "activity_lines": [ 84.93357, 84.457668, 84.224564, 83.409923 ] }, { "date": "2026-05-22", "close": 85.640528, "volume": 19663, "typical_volume": 17611.05, "trend": 82.140619, "fair_value": 64.785527, "relative_strength": -8.60858, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.559091, "energy": 27.740102, "activity_lines": [ 85.071436, 84.844459, 84.382234, 83.656095 ] }, { "date": "2026-05-29", "close": 85.655247, "volume": 18643, "typical_volume": 17584.3, "trend": 82.455269, "fair_value": 65.00794, "relative_strength": -10.932055, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.563165, "energy": 27.603415, "activity_lines": [ 85.315247, 85.1488, 84.519693, 83.882845 ] }, { "date": "2026-06-05", "close": 84.186138, "volume": 25677, "typical_volume": 17664.15, "trend": 82.71703, "fair_value": 65.219281, "relative_strength": -8.149613, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.010576, "energy": 19.429788, "activity_lines": [ 84.972383, 85.073936, 84.498779, 83.994514 ] }, { "date": "2026-06-12", "close": 87.504278, "volume": 16452, "typical_volume": 17648.25, "trend": 83.065842, "fair_value": 65.443394, "relative_strength": -6.512751, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.605098, "energy": 35.307573, "activity_lines": [ 85.780162, 85.520081, 84.785416, 84.303369 ] }, { "date": "2026-06-19", "close": 87.128703, "volume": 12370, "typical_volume": 16629.75, "trend": 83.46084, "fair_value": 65.675424, "relative_strength": -9.150564, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.256191, "energy": 43.270571, "activity_lines": [ 86.344671, 85.813601, 85.01654, 84.565489 ] }, { "date": "2026-06-26", "close": 86.4047, "volume": 19203, "typical_volume": 16329.6, "trend": 83.755907, "fair_value": 65.896634, "relative_strength": -5.55022, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.495588, "energy": 46.941538, "activity_lines": [ 86.471911, 85.955373, 85.168933, 84.755415 ] }, { "date": "2026-07-03", "close": 87.5967, "volume": 29761, "typical_volume": 16689.0, "trend": 84.07708, "fair_value": 66.131888, "relative_strength": -4.982933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.912832, "energy": 61.568174, "activity_lines": [ 86.94554, 86.327535, 85.434296, 85.003208 ] }, { "date": "2026-07-10", "close": 88.0526, "volume": 32014, "typical_volume": 17746.5, "trend": 84.390546, "fair_value": 66.354988, "relative_strength": -6.085319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.624879, "energy": 65.490683, "activity_lines": [ 87.441706, 86.720841, 85.739766, 85.259693 ] }, { "date": "2026-07-17", "close": 88.5059, "volume": 13766, "typical_volume": 17601.6, "trend": 84.693821, "fair_value": 66.580528, "relative_strength": -1.519519, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.351075, "energy": 66.791593, "activity_lines": [ 87.831207, 87.138428, 86.085357, 85.5252 ] }, { "date": "2026-07-24", "close": 88.541, "volume": 32769, "typical_volume": 18257.85, "trend": 84.963857, "fair_value": 66.804721, "relative_strength": 0.109318, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.82481, "energy": 63.716181, "activity_lines": [ 88.165633, 87.511983, 86.430899, 85.773405 ] }, { "date": "2026-07-31", "close": 90.9937, "volume": 26038, "typical_volume": 18848.7, "trend": 85.293585, "fair_value": 67.052903, "relative_strength": 2.247883, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.642422, "energy": 75.185632, "activity_lines": [ 89.223473, 88.252369, 86.981025, 86.162427 ] }, { "date": "2026-08-07", "close": 92.1982, "volume": 70495, "typical_volume": 21532.9, "trend": 85.640888, "fair_value": 67.30933, "relative_strength": -1.422853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.303064, "energy": 85.142442, "activity_lines": [ 90.37688, 89.114424, 87.598078, 86.607886 ] } ], "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." } } }