{ "ticker": { "uuid": "63461dd7-af96-4b84-ad65-1268d2274e6c", "symbol": "GAA", "name": "CAMBRIA GLOBAL ASSET ALLOCATION ETF", "exchange": "CBOE", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3b", "phase_label": "Stage 3B \u00b7 Distribution", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 57.915, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 66.267, "architecture_energy": 50.55, "architecture_maturity": 34.409, "architecture_confidence": 72.829, "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": 31.71, "rotation_up": 60.41, "upward_expansion": 81.78, "deceleration": 49.3, "rotation_down": 15.44, "downward_expansion": 8.45 }, "activity_lines": [ 35.035967, 34.869137, 34.797272, 34.619381 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 35.41, "trend_reference": 34.375005, "distance_from_trend": 0.030109, "trend_direction": "Improving", "fair_value": 28.793854, "distance_from_fair_value": 0.229776, "fair_value_direction": "Weakening", "relative_strength": -4.490935, "relative_strength_direction": "Weakening", "price_momentum": 0.040676, "excess_performance": -0.084949, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.030109, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.029764, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.229776, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.025193, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.044909, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.028221, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.040676, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.767077, "read": "Supply-led" } ], "volume": { "latest": 17342, "relative_activity": 0.581243, "balance": 0.767077, "dry_up": 0.841532, "accumulation_observations": 1, "distribution_observations": 4 }, "risk": { "range_context": 0.018897, "annualized_volatility": 0.098415, "from_high_reference": -0.007398, "from_low_reference": 0.188647 }, "levels": { "trend_reference": 34.375005, "fair_value_reference": 28.793854, "structural_low": 32.916541, "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": 30, "median_return": 0.014142, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": -0.004681, "regime_survival": 0.833333, "best_return": 0.047711, "worst_return": -0.052239, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": 0.020062, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": -0.037835, "regime_survival": 0.7, "best_return": 0.110388, "worst_return": -0.032715, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.03226, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.057775, "regime_survival": 0.5, "best_return": 0.114986, "worst_return": -0.091816, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.059586, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.123746, "regime_survival": 0.5, "best_return": 0.223792, "worst_return": -0.114384, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-07-21", "end": "2023-08-18", "tenure": "Developing", "return": -0.023438, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-08-25", "end": "2023-10-06", "tenure": "Developing", "return": -0.032227, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2023-10-13", "end": "2023-10-20", "tenure": "New", "return": -0.0171, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-10-27", "end": "2023-11-24", "tenure": "Developing", "return": 0.042095, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-12-01", "end": "2023-12-15", "tenure": "New", "return": 0.016619, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-22", "end": "2024-11-01", "tenure": "Extended", "return": 0.072508, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2024-11-29", "tenure": "New", "return": -0.002305, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2024-12-13", "tenure": "New", "return": -0.010772, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2025-01-10", "tenure": "New", "return": -0.015473, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.002448, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-05-16", "tenure": "Established", "return": 0.039291, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-03-20", "tenure": "Extended", "return": 0.157791, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.056024, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.021736, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 23.97852, "volume": 36751, "typical_volume": 37188.15, "trend": 24.034858, "fair_value": 24.092584, "relative_strength": -6.544876, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 35.027708, "energy": 20.141124, "activity_lines": [ 24.275557, 24.298363, 24.117107, 24.039889 ] }, { "date": "2023-08-25", "close": 24.016478, "volume": 25590, "typical_volume": 36184.2, "trend": 23.993023, "fair_value": 24.111462, "relative_strength": -7.005199, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 28.278247, "energy": 15.983116, "activity_lines": [ 24.153819, 24.257665, 24.116634, 24.038703 ] }, { "date": "2023-09-01", "close": 24.070448, "volume": 17022, "typical_volume": 34804.35, "trend": 23.975949, "fair_value": 24.131188, "relative_strength": -8.926207, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 25.125367, "energy": 16.968867, "activity_lines": [ 24.085907, 24.226608, 24.121255, 24.043698 ] }, { "date": "2023-09-08", "close": 24.104449, "volume": 14590, "typical_volume": 34494.95, "trend": 23.965418, "fair_value": 24.151536, "relative_strength": -7.51778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.670362, "energy": 16.017459, "activity_lines": [ 24.072205, 24.195028, 24.129469, 24.051989 ] }, { "date": "2023-09-15", "close": 24.158148, "volume": 21766, "typical_volume": 34931.45, "trend": 23.966477, "fair_value": 24.171563, "relative_strength": -6.998937, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.842366, "energy": 12.947813, "activity_lines": [ 24.095424, 24.177663, 24.142206, 24.064423 ] }, { "date": "2023-09-22", "close": 23.936144, "volume": 9386, "typical_volume": 34419.6, "trend": 23.970711, "fair_value": 24.192409, "relative_strength": -4.906131, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.916441, "energy": 6.388683, "activity_lines": [ 24.052269, 24.115377, 24.132741, 24.062466 ] }, { "date": "2023-09-29", "close": 23.758194, "volume": 15451, "typical_volume": 32750.15, "trend": 23.956042, "fair_value": 24.210246, "relative_strength": -4.77449, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.445639, "energy": 12.344541, "activity_lines": [ 23.952622, 24.031519, 24.106138, 24.048755 ] }, { "date": "2023-10-06", "close": 23.242507, "volume": 18679, "typical_volume": 31511.2, "trend": 23.946276, "fair_value": 24.222792, "relative_strength": -7.040101, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.206252, "energy": 40.479545, "activity_lines": [ 23.698299, 23.868369, 24.029914, 24.002721 ] }, { "date": "2023-10-13", "close": 23.487788, "volume": 36576, "typical_volume": 30541.55, "trend": 23.948979, "fair_value": 24.237308, "relative_strength": -6.241565, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.67904, "energy": 45.715838, "activity_lines": [ 23.580932, 23.776563, 23.979378, 23.973141 ] }, { "date": "2023-10-20", "close": 23.086156, "volume": 20485, "typical_volume": 30714.05, "trend": 23.937286, "fair_value": 24.249146, "relative_strength": -5.442079, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.141992, "energy": 72.13209, "activity_lines": [ 23.370799, 23.628132, 23.889719, 23.917475 ] }, { "date": "2023-10-27", "close": 23.298992, "volume": 12900, "typical_volume": 29751.75, "trend": 23.919608, "fair_value": 24.265761, "relative_strength": -2.06628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.009994, "energy": 69.428606, "activity_lines": [ 23.303077, 23.53997, 23.822388, 23.876294 ] }, { "date": "2023-11-03", "close": 23.814136, "volume": 20071, "typical_volume": 29582.95, "trend": 23.913179, "fair_value": 24.282076, "relative_strength": -5.240944, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.095149, "energy": 48.578161, "activity_lines": [ 23.449547, 23.557826, 23.80677, 23.86949 ] }, { "date": "2023-11-10", "close": 23.729454, "volume": 67078, "typical_volume": 31861.6, "trend": 23.899337, "fair_value": 24.295316, "relative_strength": -6.6794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.011421, "energy": 28.16396, "activity_lines": [ 23.564059, 23.563964, 23.784005, 23.857637 ] }, { "date": "2023-11-17", "close": 24.157566, "volume": 36886, "typical_volume": 28364.35, "trend": 23.905244, "fair_value": 24.310252, "relative_strength": -6.956621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.207522, "energy": 14.81631, "activity_lines": [ 23.788813, 23.65414, 23.801881, 23.874297 ] }, { "date": "2023-11-24", "close": 24.279755, "volume": 41286, "typical_volume": 29139.75, "trend": 23.916704, "fair_value": 24.323265, "relative_strength": -7.212921, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 10.585012, "energy": 21.285589, "activity_lines": [ 24.009644, 23.765567, 23.832307, 23.898459 ] }, { "date": "2023-12-01", "close": 24.509401, "volume": 32380, "typical_volume": 27610.9, "trend": 23.937153, "fair_value": 24.335457, "relative_strength": -6.91961, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.369106, "energy": 31.900498, "activity_lines": [ 24.227451, 23.916536, 23.882832, 23.936697 ] }, { "date": "2023-12-08", "close": 24.364618, "volume": 12317, "typical_volume": 26179.15, "trend": 23.960919, "fair_value": 24.346093, "relative_strength": -7.436644, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.507602, "energy": 44.361661, "activity_lines": [ 24.316303, 24.030758, 23.919662, 23.964275 ] }, { "date": "2023-12-15", "close": 24.916726, "volume": 19846, "typical_volume": 25211.45, "trend": 24.000424, "fair_value": 24.357549, "relative_strength": -7.276916, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.824946, "energy": 66.968511, "activity_lines": [ 24.552492, 24.234338, 24.009975, 24.02594 ] }, { "date": "2023-12-22", "close": 25.462559, "volume": 37644, "typical_volume": 25553.25, "trend": 24.072366, "fair_value": 24.372406, "relative_strength": -5.826206, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.761217, "energy": 79.751194, "activity_lines": [ 24.891474, 24.50672, 24.151306, 24.120272 ] }, { "date": "2023-12-29", "close": 25.428901, "volume": 32058, "typical_volume": 26438.1, "trend": 24.136051, "fair_value": 24.3867, "relative_strength": -5.987792, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.244522, "energy": 81.240341, "activity_lines": [ 25.132237, 24.737077, 24.284322, 24.20779 ] }, { "date": "2024-01-05", "close": 25.485545, "volume": 19226, "typical_volume": 25561.85, "trend": 24.190371, "fair_value": 24.396696, "relative_strength": -4.007423, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.699574, "energy": 83.136825, "activity_lines": [ 25.315272, 24.935138, 24.417227, 24.294854 ] }, { "date": "2024-01-12", "close": 25.479799, "volume": 39597, "typical_volume": 26262.2, "trend": 24.239463, "fair_value": 24.406963, "relative_strength": -5.491604, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.508174, "energy": 80.138014, "activity_lines": [ 25.431315, 25.092398, 24.542408, 24.378043 ] }, { "date": "2024-01-19", "close": 25.06185, "volume": 91597, "typical_volume": 29990.95, "trend": 24.284803, "fair_value": 24.413671, "relative_strength": -7.779577, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.889342, "energy": 59.588858, "activity_lines": [ 25.333696, 25.143384, 24.620816, 24.4311 ] }, { "date": "2024-01-26", "close": 25.2119, "volume": 23295, "typical_volume": 30426.2, "trend": 24.313557, "fair_value": 24.424461, "relative_strength": -7.812717, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.289655, "energy": 46.420217, "activity_lines": [ 25.276419, 25.197425, 24.708793, 24.490913 ] }, { "date": "2024-02-02", "close": 25.492022, "volume": 16248, "typical_volume": 30150.3, "trend": 24.366373, "fair_value": 24.432107, "relative_strength": -7.813857, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.067963, "energy": 46.809769, "activity_lines": [ 25.329227, 25.283228, 24.818176, 24.566943 ] }, { "date": "2024-02-09", "close": 25.44614, "volume": 50092, "typical_volume": 32185.6, "trend": 24.396938, "fair_value": 24.43621, "relative_strength": -8.924525, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.346753, "energy": 42.102692, "activity_lines": [ 25.362532, 25.338648, 24.916837, 24.636605 ] }, { "date": "2024-02-16", "close": 25.527322, "volume": 26386, "typical_volume": 32732.35, "trend": 24.429381, "fair_value": 24.443141, "relative_strength": -8.037958, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.745678, "energy": 46.263988, "activity_lines": [ 25.425526, 25.391796, 25.016039, 24.709533 ] }, { "date": "2024-02-23", "close": 25.620453, "volume": 18684, "typical_volume": 32732.6, "trend": 24.45961, "fair_value": 24.452715, "relative_strength": -8.885942, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.058409, "energy": 48.118273, "activity_lines": [ 25.516394, 25.440737, 25.115686, 24.786377 ] }, { "date": "2024-03-01", "close": 25.736387, "volume": 24776, "typical_volume": 32142.6, "trend": 24.504497, "fair_value": 24.463456, "relative_strength": -9.031001, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.360479, "energy": 49.08808, "activity_lines": [ 25.608668, 25.497962, 25.215051, 24.868749 ] }, { "date": "2024-03-08", "close": 26.045333, "volume": 28978, "typical_volume": 32567.25, "trend": 24.56359, "fair_value": 24.470491, "relative_strength": -7.379783, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.224854, "energy": 60.260795, "activity_lines": [ 25.768957, 25.606381, 25.333132, 24.968158 ] }, { "date": "2024-03-15", "close": 26.081272, "volume": 8210, "typical_volume": 32332.75, "trend": 24.633681, "fair_value": 24.479474, "relative_strength": -6.882191, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.745856, "energy": 68.448851, "activity_lines": [ 25.904339, 25.710126, 25.440544, 25.066073 ] }, { "date": "2024-03-22", "close": 26.046528, "volume": 15752, "typical_volume": 32116.8, "trend": 24.70135, "fair_value": 24.489609, "relative_strength": -8.713549, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.754289, "energy": 72.775863, "activity_lines": [ 25.985797, 25.796722, 25.531399, 25.157225 ] }, { "date": "2024-03-29", "close": 26.70627, "volume": 34501, "typical_volume": 30487.95, "trend": 24.789211, "fair_value": 24.502678, "relative_strength": -6.471371, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.619814, "energy": 82.233839, "activity_lines": [ 26.252555, 25.992967, 25.674455, 25.286574 ] }, { "date": "2024-04-05", "close": 26.5118, "volume": 26912, "typical_volume": 29989.25, "trend": 24.869456, "fair_value": 24.513554, "relative_strength": -6.04388, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.358893, "energy": 76.553395, "activity_lines": [ 26.382103, 26.123956, 25.784815, 25.397709 ] }, { "date": "2024-04-12", "close": 26.064803, "volume": 21051, "typical_volume": 28977.5, "trend": 24.933011, "fair_value": 24.519948, "relative_strength": -5.979386, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.656317, "energy": 53.990507, "activity_lines": [ 26.310957, 26.150038, 25.841394, 25.474828 ] }, { "date": "2024-04-19", "close": 26.150086, "volume": 88026, "typical_volume": 31759.8, "trend": 25.006809, "fair_value": 24.526719, "relative_strength": -2.468078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.074009, "energy": 49.903815, "activity_lines": [ 26.266941, 26.181211, 25.897594, 25.553349 ] }, { "date": "2024-04-26", "close": 26.542904, "volume": 52097, "typical_volume": 33748.8, "trend": 25.099632, "fair_value": 24.535441, "relative_strength": -3.342985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.876814, "energy": 47.012727, "activity_lines": [ 26.349276, 26.271007, 25.983393, 25.652452 ] }, { "date": "2024-05-03", "close": 26.463251, "volume": 34284, "typical_volume": 34470.7, "trend": 25.206991, "fair_value": 24.541393, "relative_strength": -3.964957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.829788, "energy": 41.082779, "activity_lines": [ 26.371969, 26.327856, 26.051233, 25.740428 ] }, { "date": "2024-05-10", "close": 26.533674, "volume": 16026, "typical_volume": 33389.8, "trend": 25.30852, "fair_value": 24.549699, "relative_strength": -5.226157, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.180678, "energy": 43.556051, "activity_lines": [ 26.434337, 26.382185, 26.118416, 25.82602 ] }, { "date": "2024-05-17", "close": 26.841025, "volume": 13017, "typical_volume": 32437.75, "trend": 25.433682, "fair_value": 24.560666, "relative_strength": -5.456759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.048871, "energy": 50.510366, "activity_lines": [ 26.597698, 26.4779, 26.209769, 25.924891 ] }, { "date": "2024-05-24", "close": 26.600128, "volume": 19544, "typical_volume": 32453.65, "trend": 25.54372, "fair_value": 24.566376, "relative_strength": -6.09977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.99057, "energy": 44.975457, "activity_lines": [ 26.629011, 26.515349, 26.271456, 26.000146 ] }, { "date": "2024-05-31", "close": 26.664737, "volume": 11235, "typical_volume": 31035.55, "trend": 25.63874, "fair_value": 24.571548, "relative_strength": -5.325335, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.566077, "energy": 44.979818, "activity_lines": [ 26.651858, 26.555111, 26.333988, 26.07247 ] }, { "date": "2024-06-07", "close": 26.313268, "volume": 24866, "typical_volume": 27699.0, "trend": 25.724867, "fair_value": 24.573825, "relative_strength": -7.500935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.005466, "energy": 36.861145, "activity_lines": [ 26.549426, 26.519729, 26.357405, 26.115987 ] }, { "date": "2024-06-14", "close": 26.174083, "volume": 74840, "typical_volume": 30276.25, "trend": 25.792085, "fair_value": 24.580096, "relative_strength": -9.247662, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.162534, "energy": 19.682841, "activity_lines": [ 26.410599, 26.466186, 26.361607, 26.144969 ] }, { "date": "2024-06-21", "close": 26.494263, "volume": 14991, "typical_volume": 30213.4, "trend": 25.865902, "fair_value": 24.585652, "relative_strength": -8.498984, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.141548, "energy": 17.274098, "activity_lines": [ 26.40247, 26.476998, 26.39172, 26.190271 ] }, { "date": "2024-06-28", "close": 26.484599, "volume": 39752, "typical_volume": 29696.4, "trend": 25.931742, "fair_value": 24.590869, "relative_strength": -8.250125, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.398222, "energy": 16.576755, "activity_lines": [ 26.414238, 26.478245, 26.41614, 26.230187 ] }, { "date": "2024-07-05", "close": 26.506368, "volume": 22767, "typical_volume": 29515.45, "trend": 26.003133, "fair_value": 24.597526, "relative_strength": -9.654439, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.024867, "energy": 16.949805, "activity_lines": [ 26.440964, 26.477368, 26.437689, 26.26726 ] }, { "date": "2024-07-12", "close": 27.066683, "volume": 34205, "typical_volume": 30291.5, "trend": 26.074798, "fair_value": 24.609239, "relative_strength": -8.39188, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.10521, "energy": 36.064695, "activity_lines": [ 26.66502, 26.57903, 26.507938, 26.335876 ] }, { "date": "2024-07-19", "close": 26.787595, "volume": 10004, "typical_volume": 29552.9, "trend": 26.118966, "fair_value": 24.618915, "relative_strength": -7.308, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.259089, "energy": 40.619465, "activity_lines": [ 26.745818, 26.618978, 26.544721, 26.381863 ] }, { "date": "2024-07-26", "close": 27.013842, "volume": 29476, "typical_volume": 29577.8, "trend": 26.171798, "fair_value": 24.626746, "relative_strength": -5.563494, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.447535, "energy": 52.692968, "activity_lines": [ 26.861132, 26.695445, 26.598046, 26.439596 ] }, { "date": "2024-08-02", "close": 26.648237, "volume": 11489, "typical_volume": 29741.75, "trend": 26.210554, "fair_value": 24.63404, "relative_strength": -4.637572, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.505642, "energy": 45.793099, "activity_lines": [ 26.819938, 26.702296, 26.611939, 26.470335 ] }, { "date": "2024-08-09", "close": 26.647865, "volume": 22699, "typical_volume": 30089.1, "trend": 26.24949, "fair_value": 24.640464, "relative_strength": -4.471619, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.283745, "energy": 27.27491, "activity_lines": [ 26.767711, 26.708204, 26.623097, 26.498548 ] }, { "date": "2024-08-16", "close": 27.078963, "volume": 16613, "typical_volume": 29194.7, "trend": 26.316727, "fair_value": 24.654162, "relative_strength": -6.424193, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.021954, "energy": 31.712235, "activity_lines": [ 26.849751, 26.792801, 26.672448, 26.552063 ] }, { "date": "2024-08-23", "close": 27.269208, "volume": 14923, "typical_volume": 28595.25, "trend": 26.385304, "fair_value": 24.663333, "relative_strength": -6.842831, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.939316, "energy": 35.436418, "activity_lines": [ 26.994387, 26.898066, 26.738143, 26.613513 ] }, { "date": "2024-08-30", "close": 27.308559, "volume": 21932, "typical_volume": 28639.3, "trend": 26.445855, "fair_value": 24.671524, "relative_strength": -6.770329, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.465297, "energy": 45.927995, "activity_lines": [ 27.120032, 26.990575, 26.80398, 26.673078 ] }, { "date": "2024-09-06", "close": 26.964537, "volume": 15101, "typical_volume": 24993.05, "trend": 26.496468, "fair_value": 24.679793, "relative_strength": -3.795297, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.814455, "energy": 47.071269, "activity_lines": [ 27.111356, 27.005729, 26.831129, 26.706541 ] }, { "date": "2024-09-13", "close": 27.278511, "volume": 64963, "typical_volume": 25636.35, "trend": 26.554841, "fair_value": 24.690665, "relative_strength": -6.197542, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.018232, "energy": 54.639374, "activity_lines": [ 27.186251, 27.069242, 26.884303, 26.756996 ] }, { "date": "2024-09-20", "close": 27.86227, "volume": 53194, "typical_volume": 26581.85, "trend": 26.629568, "fair_value": 24.706404, "relative_strength": -5.275069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.667989, "energy": 65.699352, "activity_lines": [ 27.413689, 27.224855, 26.989569, 26.841346 ] }, { "date": "2024-09-27", "close": 27.937175, "volume": 20962, "typical_volume": 26828.65, "trend": 26.702928, "fair_value": 24.722855, "relative_strength": -5.293646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.606519, "energy": 70.640043, "activity_lines": [ 27.613875, 27.379622, 27.095308, 26.925708 ] }, { "date": "2024-10-04", "close": 27.903679, "volume": 27472, "typical_volume": 27551.4, "trend": 26.764873, "fair_value": 24.73842, "relative_strength": -5.440011, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.711301, "energy": 75.322665, "activity_lines": [ 27.758364, 27.507396, 27.191173, 27.003175 ] }, { "date": "2024-10-11", "close": 27.600893, "volume": 151271, "typical_volume": 34137.75, "trend": 26.815527, "fair_value": 24.749977, "relative_strength": -7.269831, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.48551, "energy": 69.420629, "activity_lines": [ 27.76225, 27.563941, 27.253141, 27.057112 ] }, { "date": "2024-10-18", "close": 27.768561, "volume": 92292, "typical_volume": 38190.6, "trend": 26.872928, "fair_value": 24.761803, "relative_strength": -7.226255, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.084615, "energy": 58.343428, "activity_lines": [ 27.779602, 27.633649, 27.326312, 27.118598 ] }, { "date": "2024-10-25", "close": 27.375695, "volume": 32961, "typical_volume": 38595.35, "trend": 26.895242, "fair_value": 24.77119, "relative_strength": -7.306205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.748454, "energy": 37.058429, "activity_lines": [ 27.633329, 27.61155, 27.356811, 27.151035 ] }, { "date": "2024-11-01", "close": 27.308798, "volume": 16661, "typical_volume": 35686.4, "trend": 26.921809, "fair_value": 24.777975, "relative_strength": -5.96414, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.381404, "energy": 22.06399, "activity_lines": [ 27.497195, 27.571894, 27.375879, 27.177716 ] }, { "date": "2024-11-08", "close": 27.827793, "volume": 26674, "typical_volume": 36270.55, "trend": 26.980575, "fair_value": 24.788154, "relative_strength": -8.246264, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.423998, "energy": 26.031478, "activity_lines": [ 27.57595, 27.62588, 27.438972, 27.236166 ] }, { "date": "2024-11-15", "close": 27.266692, "volume": 33521, "typical_volume": 35959.0, "trend": 27.017795, "fair_value": 24.796724, "relative_strength": -7.915728, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.764013, "energy": 17.901326, "activity_lines": [ 27.472732, 27.568408, 27.442277, 27.254626 ] }, { "date": "2024-11-22", "close": 27.913141, "volume": 23219, "typical_volume": 35981.6, "trend": 27.06347, "fair_value": 24.813142, "relative_strength": -7.023674, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.438592, "energy": 25.183651, "activity_lines": [ 27.607276, 27.622978, 27.503424, 27.31239 ] }, { "date": "2024-11-29", "close": 27.763641, "volume": 44721, "typical_volume": 36507.4, "trend": 27.106816, "fair_value": 24.832531, "relative_strength": -8.321213, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.281092, "energy": 29.969575, "activity_lines": [ 27.682349, 27.638827, 27.543634, 27.357562 ] }, { "date": "2024-12-06", "close": 27.776036, "volume": 17881, "typical_volume": 36901.25, "trend": 27.148228, "fair_value": 24.848216, "relative_strength": -8.796142, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.293667, "energy": 28.525195, "activity_lines": [ 27.73569, 27.658723, 27.581706, 27.400738 ] }, { "date": "2024-12-13", "close": 27.476845, "volume": 13724, "typical_volume": 36113.65, "trend": 27.169422, "fair_value": 24.861682, "relative_strength": -8.957379, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.543706, "energy": 27.116212, "activity_lines": [ 27.658151, 27.627151, 27.586576, 27.421939 ] }, { "date": "2024-12-20", "close": 27.130154, "volume": 25971, "typical_volume": 36837.75, "trend": 27.18709, "fair_value": 24.872144, "relative_strength": -8.123065, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.212044, "energy": 6.076946, "activity_lines": [ 27.488445, 27.540304, 27.556224, 27.419405 ] }, { "date": "2024-12-27", "close": 26.962586, "volume": 6984, "typical_volume": 36052.0, "trend": 27.197018, "fair_value": 24.879651, "relative_strength": -8.972013, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.578888, "energy": 11.253575, "activity_lines": [ 27.271986, 27.43155, 27.507618, 27.404921 ] }, { "date": "2025-01-03", "close": 27.114946, "volume": 55277, "typical_volume": 37985.2, "trend": 27.223741, "fair_value": 24.888719, "relative_strength": -7.650585, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.10004, "energy": 21.032835, "activity_lines": [ 27.169684, 27.365151, 27.472023, 27.399626 ] }, { "date": "2025-01-10", "close": 26.710358, "volume": 49835, "typical_volume": 39730.8, "trend": 27.241616, "fair_value": 24.894555, "relative_strength": -6.93947, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.470769, "energy": 44.100783, "activity_lines": [ 26.975766, 27.229932, 27.397726, 27.366505 ] }, { "date": "2025-01-17", "close": 27.40062, "volume": 31307, "typical_volume": 40199.55, "trend": 27.271828, "fair_value": 24.907981, "relative_strength": -7.020193, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.030298, "energy": 31.179228, "activity_lines": [ 27.08298, 27.231096, 27.391828, 27.376763 ] }, { "date": "2025-01-24", "close": 27.467704, "volume": 24676, "typical_volume": 40678.3, "trend": 27.304599, "fair_value": 24.924067, "relative_strength": -8.127131, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.158113, "energy": 8.910946, "activity_lines": [ 27.217637, 27.252224, 27.391881, 27.3894 ] }, { "date": "2025-01-31", "close": 27.369068, "volume": 14850, "typical_volume": 38172.65, "trend": 27.333355, "fair_value": 24.936803, "relative_strength": -7.276791, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -5.127315, "energy": 4.901246, "activity_lines": [ 27.296912, 27.251763, 27.380144, 27.39356 ] }, { "date": "2025-02-07", "close": 27.591544, "volume": 27025, "typical_volume": 36864.2, "trend": 27.350851, "fair_value": 24.95097, "relative_strength": -6.157534, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 10.278416, "energy": 12.309642, "activity_lines": [ 27.423247, 27.301644, 27.389164, 27.410217 ] }, { "date": "2025-02-14", "close": 27.785405, "volume": 12098, "typical_volume": 36421.0, "trend": 27.384111, "fair_value": 24.965756, "relative_strength": -6.655363, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.513052, "energy": 23.796601, "activity_lines": [ 27.582429, 27.389902, 27.417937, 27.438253 ] }, { "date": "2025-02-21", "close": 27.504657, "volume": 14611, "typical_volume": 35777.95, "trend": 27.400471, "fair_value": 24.981462, "relative_strength": -5.900731, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 37.183343, "energy": 21.435596, "activity_lines": [ 27.576358, 27.426945, 27.420694, 27.44603 ] }, { "date": "2025-02-28", "close": 27.535167, "volume": 13165, "typical_volume": 28872.65, "trend": 27.430036, "fair_value": 24.9992, "relative_strength": -4.71446, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.200571, "energy": 14.724255, "activity_lines": [ 27.573522, 27.469029, 27.428257, 27.45472 ] }, { "date": "2025-03-07", "close": 27.553644, "volume": 20222, "typical_volume": 25269.15, "trend": 27.460228, "fair_value": 25.019386, "relative_strength": -1.482978, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 16.395268, "energy": 12.442456, "activity_lines": [ 27.572348, 27.507109, 27.437892, 27.462695 ] }, { "date": "2025-03-14", "close": 27.569657, "volume": 18212, "typical_volume": 24531.7, "trend": 27.476585, "fair_value": 25.034394, "relative_strength": 0.977018, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.476124, "energy": 6.095872, "activity_lines": [ 27.564205, 27.537353, 27.450076, 27.469754 ] }, { "date": "2025-03-21", "close": 27.932648, "volume": 29784, "typical_volume": 25187.85, "trend": 27.498699, "fair_value": 25.051625, "relative_strength": 1.831721, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.57719, "energy": 18.200265, "activity_lines": [ 27.678519, 27.625329, 27.495907, 27.499178 ] }, { "date": "2025-03-28", "close": 27.759925, "volume": 36891, "typical_volume": 25698.7, "trend": 27.513745, "fair_value": 25.068344, "relative_strength": 2.788333, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 47.982711, "energy": 28.235449, "activity_lines": [ 27.725443, 27.659677, 27.522318, 27.516031 ] }, { "date": "2025-04-04", "close": 26.637219, "volume": 61961, "typical_volume": 27120.7, "trend": 27.502834, "fair_value": 25.078609, "relative_strength": 8.425558, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.920372, "energy": 18.895446, "activity_lines": [ 27.381113, 27.483364, 27.442127, 27.459481 ] }, { "date": "2025-04-11", "close": 27.030334, "volume": 37513, "typical_volume": 27835.4, "trend": 27.494562, "fair_value": 25.090814, "relative_strength": 4.163011, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -44.979235, "energy": 26.28652, "activity_lines": [ 27.227685, 27.393625, 27.402373, 27.428997 ] }, { "date": "2025-04-18", "close": 27.598852, "volume": 17219, "typical_volume": 26460.3, "trend": 27.485781, "fair_value": 25.108077, "relative_strength": 7.92014, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -33.302587, "energy": 19.737681, "activity_lines": [ 27.29865, 27.413413, 27.420968, 27.435726 ] }, { "date": "2025-04-25", "close": 27.637317, "volume": 48895, "typical_volume": 28011.0, "trend": 27.475786, "fair_value": 25.127925, "relative_strength": 3.42541, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -31.556675, "energy": 18.28398, "activity_lines": [ 27.380491, 27.440062, 27.444011, 27.445502 ] }, { "date": "2025-05-02", "close": 27.9385, "volume": 21637, "typical_volume": 28406.65, "trend": 27.476947, "fair_value": 25.151832, "relative_strength": 1.704518, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 24.535401, "energy": 12.599865, "activity_lines": [ 27.582414, 27.524163, 27.496398, 27.475355 ] }, { "date": "2025-05-09", "close": 28.136693, "volume": 14862, "typical_volume": 27851.2, "trend": 27.494807, "fair_value": 25.179435, "relative_strength": 2.936, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 55.848769, "energy": 38.582484, "activity_lines": [ 27.838497, 27.636411, 27.565462, 27.517919 ] }, { "date": "2025-05-16", "close": 28.444415, "volume": 44668, "typical_volume": 29735.4, "trend": 27.517335, "fair_value": 25.207313, "relative_strength": -1.031251, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.458542, "energy": 56.880262, "activity_lines": [ 28.097189, 27.793673, 27.659041, 27.579184 ] }, { "date": "2025-05-23", "close": 28.43903, "volume": 17996, "typical_volume": 27871.35, "trend": 27.55278, "fair_value": 25.230914, "relative_strength": 1.599939, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.849578, "energy": 66.512898, "activity_lines": [ 28.259814, 27.933759, 27.74505, 27.638648 ] }, { "date": "2025-05-30", "close": 28.512402, "volume": 9241, "typical_volume": 25841.65, "trend": 27.5929, "fair_value": 25.256807, "relative_strength": 0.198126, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.196467, "energy": 68.068398, "activity_lines": [ 28.390884, 28.071379, 27.831742, 27.700559 ] }, { "date": "2025-06-06", "close": 28.987064, "volume": 22900, "typical_volume": 25421.3, "trend": 27.631542, "fair_value": 25.289106, "relative_strength": 0.269154, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.108068, "energy": 72.827586, "activity_lines": [ 28.621836, 28.284759, 27.955058, 27.790505 ] }, { "date": "2025-06-13", "close": 29.132655, "volume": 35229, "typical_volume": 25948.95, "trend": 27.693741, "fair_value": 25.32628, "relative_strength": 1.135447, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.618582, "energy": 74.321855, "activity_lines": [ 28.831414, 28.5023, 28.084686, 27.887351 ] }, { "date": "2025-06-20", "close": 29.165447, "volume": 15715, "typical_volume": 25992.2, "trend": 27.735484, "fair_value": 25.364173, "relative_strength": 1.419612, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.643281, "energy": 73.665222, "activity_lines": [ 28.985525, 28.680431, 28.209509, 27.9823 ] }, { "date": "2025-06-27", "close": 29.546762, "volume": 56755, "typical_volume": 27478.7, "trend": 27.794922, "fair_value": 25.406455, "relative_strength": -0.653343, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.196647, "energy": 78.425438, "activity_lines": [ 29.218673, 28.889072, 28.362093, 28.099157 ] }, { "date": "2025-07-04", "close": 29.721161, "volume": 15107, "typical_volume": 27629.15, "trend": 27.859759, "fair_value": 25.450533, "relative_strength": -1.700273, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.740943, "energy": 85.97542, "activity_lines": [ 29.436105, 29.094005, 28.521976, 28.22343 ] }, { "date": "2025-07-11", "close": 29.632168, "volume": 50323, "typical_volume": 29414.75, "trend": 27.931603, "fair_value": 25.495852, "relative_strength": -1.668829, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.994969, "energy": 85.389706, "activity_lines": [ 29.543288, 29.24487, 28.664166, 28.337779 ] }, { "date": "2025-07-18", "close": 29.586315, "volume": 35897, "typical_volume": 30551.35, "trend": 28.013475, "fair_value": 25.538594, "relative_strength": -2.352783, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.628352, "energy": 82.043161, "activity_lines": [ 29.59218, 29.356603, 28.791857, 28.444535 ] }, { "date": "2025-07-25", "close": 29.746075, "volume": 29528, "typical_volume": 31016.65, "trend": 28.106258, "fair_value": 25.579366, "relative_strength": -3.155779, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.550448, "energy": 77.530278, "activity_lines": [ 29.664082, 29.471027, 28.924997, 28.556315 ] }, { "date": "2025-08-01", "close": 29.431886, "volume": 12514, "typical_volume": 30731.75, "trend": 28.18349, "fair_value": 25.618287, "relative_strength": -1.679325, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.592581, "energy": 54.306921, "activity_lines": [ 29.592545, 29.50466, 29.017773, 28.64184 ] }, { "date": "2025-08-08", "close": 29.84922, "volume": 20245, "typical_volume": 30254.8, "trend": 28.288118, "fair_value": 25.658735, "relative_strength": -2.557754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.195516, "energy": 54.021179, "activity_lines": [ 29.667778, 29.596119, 29.141428, 28.749306 ] }, { "date": "2025-08-15", "close": 30.114938, "volume": 14018, "typical_volume": 29111.15, "trend": 28.378596, "fair_value": 25.701127, "relative_strength": -2.543249, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.944091, "energy": 59.023239, "activity_lines": [ 29.823046, 29.711585, 29.281263, 28.867166 ] }, { "date": "2025-08-22", "close": 30.510363, "volume": 20034, "typical_volume": 27014.8, "trend": 28.480018, "fair_value": 25.746262, "relative_strength": -1.477395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.20595, "energy": 63.833874, "activity_lines": [ 30.077938, 29.87844, 29.447543, 29.004699 ] }, { "date": "2025-08-29", "close": 30.567752, "volume": 14430, "typical_volume": 25860.65, "trend": 28.58664, "fair_value": 25.79468, "relative_strength": -1.186534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.843879, "energy": 67.997025, "activity_lines": [ 30.290357, 30.030679, 29.600845, 29.139391 ] }, { "date": "2025-09-05", "close": 30.623203, "volume": 6891, "typical_volume": 25344.25, "trend": 28.687696, "fair_value": 25.842195, "relative_strength": -1.215177, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.67179, "energy": 79.741663, "activity_lines": [ 30.466481, 30.167505, 29.742583, 29.270783 ] }, { "date": "2025-09-12", "close": 30.97704, "volume": 19384, "typical_volume": 23868.7, "trend": 28.794084, "fair_value": 25.892653, "relative_strength": -1.539721, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.899302, "energy": 84.128042, "activity_lines": [ 30.681129, 30.349092, 29.903619, 29.418482 ] }, { "date": "2025-09-19", "close": 31.082707, "volume": 27442, "typical_volume": 24158.95, "trend": 28.913352, "fair_value": 25.949766, "relative_strength": -2.300066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.06712, "energy": 79.251039, "activity_lines": [ 30.855811, 30.527058, 30.058814, 29.566135 ] }, { "date": "2025-09-26", "close": 31.039247, "volume": 61482, "typical_volume": 26489.95, "trend": 29.030155, "fair_value": 26.009841, "relative_strength": -2.058207, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.004704, "energy": 72.965315, "activity_lines": [ 30.951489, 30.670748, 30.194898, 29.70329 ] }, { "date": "2025-10-03", "close": 31.080724, "volume": 21129, "typical_volume": 25313.0, "trend": 29.147724, "fair_value": 26.066667, "relative_strength": -2.899392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.214225, "energy": 61.896973, "activity_lines": [ 31.025734, 30.795563, 30.321111, 29.835585 ] }, { "date": "2025-10-10", "close": 30.530666, "volume": 34041, "typical_volume": 26115.25, "trend": 29.246424, "fair_value": 26.121751, "relative_strength": -2.196235, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.233333, "energy": 52.658959, "activity_lines": [ 30.882428, 30.796101, 30.382383, 29.924807 ] }, { "date": "2025-10-17", "close": 30.92186, "volume": 33965, "typical_volume": 27351.45, "trend": 29.346065, "fair_value": 26.179439, "relative_strength": -2.578132, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.499105, "energy": 46.563378, "activity_lines": [ 30.875689, 30.847787, 30.470952, 30.032899 ] }, { "date": "2025-10-24", "close": 31.261795, "volume": 24985, "typical_volume": 27455.7, "trend": 29.462794, "fair_value": 26.235902, "relative_strength": -3.311589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.526239, "energy": 50.184311, "activity_lines": [ 30.985941, 30.941777, 30.580421, 30.156495 ] }, { "date": "2025-10-31", "close": 31.227166, "volume": 27365, "typical_volume": 27062.5, "trend": 29.615792, "fair_value": 26.291713, "relative_strength": -3.998545, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.984142, "energy": 48.167703, "activity_lines": [ 31.07271, 31.008619, 30.675761, 30.270325 ] }, { "date": "2025-11-07", "close": 31.19684, "volume": 18902, "typical_volume": 27221.85, "trend": 29.754675, "fair_value": 26.342729, "relative_strength": -2.483448, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.316643, "energy": 49.747779, "activity_lines": [ 31.136842, 31.056914, 30.758239, 30.372328 ] }, { "date": "2025-11-14", "close": 31.429268, "volume": 28292, "typical_volume": 25798.7, "trend": 29.882356, "fair_value": 26.395406, "relative_strength": -1.883857, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.89478, "energy": 55.122722, "activity_lines": [ 31.27071, 31.136031, 30.853179, 30.480367 ] }, { "date": "2025-11-21", "close": 31.214253, "volume": 30688, "typical_volume": 26577.75, "trend": 30.001587, "fair_value": 26.443778, "relative_strength": -0.644628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.409212, "energy": 45.969804, "activity_lines": [ 31.272999, 31.161399, 30.918677, 30.566295 ] }, { "date": "2025-11-28", "close": 31.552818, "volume": 11532, "typical_volume": 24638.2, "trend": 30.122064, "fair_value": 26.493226, "relative_strength": -3.128865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.260617, "energy": 50.818684, "activity_lines": [ 31.36865, 31.244011, 31.00931, 30.666375 ] }, { "date": "2025-12-05", "close": 31.629023, "volume": 23953, "typical_volume": 24041.0, "trend": 30.238475, "fair_value": 26.544285, "relative_strength": -3.215759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.87502, "energy": 50.227594, "activity_lines": [ 31.470301, 31.331931, 31.098055, 30.763598 ] }, { "date": "2025-12-12", "close": 31.904981, "volume": 57518, "typical_volume": 25440.5, "trend": 30.353828, "fair_value": 26.598583, "relative_strength": -1.839117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.731714, "energy": 53.343415, "activity_lines": [ 31.637148, 31.459301, 31.203354, 30.871115 ] }, { "date": "2025-12-19", "close": 31.958099, "volume": 24048, "typical_volume": 26017.2, "trend": 30.47113, "fair_value": 26.651795, "relative_strength": -1.815037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.476625, "energy": 62.191964, "activity_lines": [ 31.774492, 31.581344, 31.303431, 30.974616 ] }, { "date": "2025-12-26", "close": 32.303777, "volume": 25320, "typical_volume": 26270.95, "trend": 30.597509, "fair_value": 26.707483, "relative_strength": -2.187872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.411208, "energy": 69.584099, "activity_lines": [ 31.991806, 31.740283, 31.4244, 31.092851 ] }, { "date": "2026-01-02", "close": 32.168465, "volume": 20365, "typical_volume": 26588.3, "trend": 30.703556, "fair_value": 26.758874, "relative_strength": -1.609049, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.922781, "energy": 68.878987, "activity_lines": [ 32.091381, 31.849494, 31.520794, 31.194203 ] }, { "date": "2026-01-09", "close": 32.802527, "volume": 32854, "typical_volume": 27229.3, "trend": 30.825885, "fair_value": 26.811009, "relative_strength": -1.273455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.920914, "energy": 79.190513, "activity_lines": [ 32.361267, 32.057505, 31.667797, 31.329621 ] }, { "date": "2026-01-16", "close": 32.919414, "volume": 34337, "typical_volume": 28224.65, "trend": 30.951017, "fair_value": 26.862678, "relative_strength": -0.624548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.314056, "energy": 83.44049, "activity_lines": [ 32.591882, 32.258125, 31.815016, 31.464687 ] }, { "date": "2026-01-23", "close": 33.620339, "volume": 20680, "typical_volume": 28914.1, "trend": 31.086803, "fair_value": 26.916196, "relative_strength": 1.723751, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.09293, "energy": 91.746901, "activity_lines": [ 32.988509, 32.554866, 32.017792, 31.636901 ] }, { "date": "2026-01-30", "close": 33.70325, "volume": 16961, "typical_volume": 28792.95, "trend": 31.219539, "fair_value": 26.974661, "relative_strength": 1.461099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.807885, "energy": 88.59071, "activity_lines": [ 33.301958, 32.826844, 32.214192, 31.805704 ] }, { "date": "2026-02-06", "close": 34.025976, "volume": 41603, "typical_volume": 29501.0, "trend": 31.366, "fair_value": 27.036235, "relative_strength": 2.517716, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.094335, "energy": 89.962896, "activity_lines": [ 33.629683, 33.112245, 32.428346, 31.986765 ] }, { "date": "2026-02-13", "close": 34.52126, "volume": 48664, "typical_volume": 28860.1, "trend": 31.530498, "fair_value": 27.102869, "relative_strength": 5.172544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.546212, "energy": 91.676389, "activity_lines": [ 33.99867, 33.442732, 32.675654, 32.19033 ] }, { "date": "2026-02-20", "close": 34.659939, "volume": 15723, "typical_volume": 28589.8, "trend": 31.694293, "fair_value": 27.172426, "relative_strength": 4.256726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.32247, "energy": 88.682786, "activity_lines": [ 34.2993, 33.745846, 32.919588, 32.392229 ] }, { "date": "2026-02-27", "close": 34.947204, "volume": 21372, "typical_volume": 27956.35, "trend": 31.878137, "fair_value": 27.241329, "relative_strength": 5.477171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.041414, "energy": 88.925438, "activity_lines": [ 34.579651, 34.051101, 33.173838, 32.602095 ] }, { "date": "2026-03-06", "close": 33.550504, "volume": 32889, "typical_volume": 27902.55, "trend": 32.001513, "fair_value": 27.305528, "relative_strength": 3.249896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.282505, "energy": 62.449072, "activity_lines": [ 34.305977, 34.048062, 33.274037, 32.709989 ] }, { "date": "2026-03-13", "close": 33.411825, "volume": 24796, "typical_volume": 27893.1, "trend": 32.11141, "fair_value": 27.369663, "relative_strength": 4.352689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.066294, "energy": 46.096744, "activity_lines": [ 33.996259, 33.997142, 33.348511, 32.800977 ] }, { "date": "2026-03-20", "close": 32.926447, "volume": 33681, "typical_volume": 28208.9, "trend": 32.191946, "fair_value": 27.430493, "relative_strength": 4.694117, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.364027, "energy": 27.745589, "activity_lines": [ 33.565693, 33.835364, 33.366521, 32.85356 ] }, { "date": "2026-03-27", "close": 33.1216, "volume": 60364, "typical_volume": 30282.0, "trend": 32.277074, "fair_value": 27.490059, "relative_strength": 7.646869, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.174832, "energy": 29.416529, "activity_lines": [ 33.306498, 33.706816, 33.395025, 32.913538 ] }, { "date": "2026-04-03", "close": 33.7746, "volume": 15720, "typical_volume": 29653.4, "trend": 32.38212, "fair_value": 27.552672, "relative_strength": 6.207183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.459223, "energy": 26.080596, "activity_lines": [ 33.367526, 33.693319, 33.476553, 33.010153 ] }, { "date": "2026-04-10", "close": 34.3505, "volume": 43780, "typical_volume": 30308.0, "trend": 32.494569, "fair_value": 27.618094, "relative_strength": 4.288398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.217071, "energy": 24.265172, "activity_lines": [ 33.698695, 33.781726, 33.601761, 33.137145 ] }, { "date": "2026-04-17", "close": 34.9772, "volume": 36327, "typical_volume": 31547.75, "trend": 32.624386, "fair_value": 27.688586, "relative_strength": 1.755738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 72.188577, "energy": 45.369727, "activity_lines": [ 34.18543, 33.97231, 33.771721, 33.297315 ] }, { "date": "2026-04-24", "close": 34.656706, "volume": 16534, "typical_volume": 31176.8, "trend": 32.744968, "fair_value": 27.757309, "relative_strength": 0.375411, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.150838, "energy": 54.622071, "activity_lines": [ 34.460975, 34.087328, 33.89485, 33.428432 ] }, { "date": "2026-05-01", "close": 34.793317, "volume": 18209, "typical_volume": 29211.35, "trend": 32.868721, "fair_value": 27.827164, "relative_strength": -0.104441, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.981076, "energy": 68.913144, "activity_lines": [ 34.666707, 34.224722, 34.016573, 33.560584 ] }, { "date": "2026-05-08", "close": 35.013644, "volume": 41732, "typical_volume": 30095.55, "trend": 33.018153, "fair_value": 27.899998, "relative_strength": -1.668791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.811701, "energy": 71.724631, "activity_lines": [ 34.834434, 34.39975, 34.145525, 33.698966 ] }, { "date": "2026-05-15", "close": 34.553104, "volume": 20999, "typical_volume": 29879.5, "trend": 33.139195, "fair_value": 27.969366, "relative_strength": -3.101045, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.172514, "energy": 53.24929, "activity_lines": [ 34.766044, 34.489835, 34.216066, 33.797995 ] }, { "date": "2026-05-22", "close": 34.803458, "volume": 13960, "typical_volume": 29559.25, "trend": 33.25725, "fair_value": 28.043079, "relative_strength": -3.130186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.849835, "energy": 42.972908, "activity_lines": [ 34.767599, 34.60721, 34.299739, 33.905367 ] }, { "date": "2026-05-29", "close": 34.953193, "volume": 13719, "typical_volume": 28602.5, "trend": 33.381451, "fair_value": 28.116379, "relative_strength": -4.003051, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.802982, "energy": 42.156797, "activity_lines": [ 34.830648, 34.726508, 34.385125, 34.014782 ] }, { "date": "2026-06-05", "close": 34.520592, "volume": 36293, "typical_volume": 28700.3, "trend": 33.492243, "fair_value": 28.184742, "relative_strength": -2.674904, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.163681, "energy": 30.818337, "activity_lines": [ 34.729731, 34.7303, 34.419069, 34.088275 ] }, { "date": "2026-06-12", "close": 35.160297, "volume": 23094, "typical_volume": 28821.0, "trend": 33.61661, "fair_value": 28.256238, "relative_strength": -1.355485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.89309, "energy": 39.406811, "activity_lines": [ 34.86023, 34.824967, 34.506313, 34.195892 ] }, { "date": "2026-06-19", "close": 34.833286, "volume": 47814, "typical_volume": 30363.65, "trend": 33.737245, "fair_value": 28.327594, "relative_strength": -3.057788, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.508714, "energy": 33.356644, "activity_lines": [ 34.871949, 34.834982, 34.555081, 34.274387 ] }, { "date": "2026-06-26", "close": 34.3405, "volume": 55639, "typical_volume": 31065.45, "trend": 33.830168, "fair_value": 28.39164, "relative_strength": -2.044467, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.473856, "energy": 21.265493, "activity_lines": [ 34.700727, 34.746622, 34.551535, 34.313307 ] }, { "date": "2026-07-03", "close": 34.3467, "volume": 32499, "typical_volume": 30257.2, "trend": 33.920757, "fair_value": 28.458558, "relative_strength": -4.029573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.055388, "energy": 16.902756, "activity_lines": [ 34.562436, 34.670966, 34.547081, 34.346631 ] }, { "date": "2026-07-10", "close": 34.7365, "volume": 19606, "typical_volume": 30451.35, "trend": 34.015141, "fair_value": 28.52399, "relative_strength": -4.170055, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.722119, "energy": 17.044084, "activity_lines": [ 34.594511, 34.671819, 34.580583, 34.39926 ] }, { "date": "2026-07-17", "close": 34.8734, "volume": 19798, "typical_volume": 30372.65, "trend": 34.112317, "fair_value": 28.590139, "relative_strength": -2.253926, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.180104, "energy": 18.315643, "activity_lines": [ 34.657826, 34.698596, 34.626759, 34.454631 ] }, { "date": "2026-07-24", "close": 34.9754, "volume": 18016, "typical_volume": 29629.0, "trend": 34.201372, "fair_value": 28.65592, "relative_strength": -1.394604, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.584543, "energy": 26.726663, "activity_lines": [ 34.774267, 34.746468, 34.683, 34.510314 ] }, { "date": "2026-07-31", "close": 34.77, "volume": 45276, "typical_volume": 30653.0, "trend": 34.288089, "fair_value": 28.72246, "relative_strength": -2.985336, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.757982, "energy": 28.317509, "activity_lines": [ 34.812767, 34.749317, 34.712894, 34.547 ] }, { "date": "2026-08-07", "close": 35.41, "volume": 17342, "typical_volume": 29836.05, "trend": 34.375005, "fair_value": 28.793854, "relative_strength": -4.490935, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.266707, "energy": 50.550233, "activity_lines": [ 35.035967, 34.869137, 34.797272, 34.619381 ] } ], "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." } } }