{ "ticker": { "uuid": "65bb708c-7377-4da4-b115-2642e1b0362f", "symbol": "CLSM", "name": "ETC CABANA TARGET LEADING SECTOR MODERATE 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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 55.127, "architecture_energy": 28.341, "architecture_maturity": 66.137, "architecture_confidence": 85.249, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 31.16, "rotation_up": 31.87, "upward_expansion": 58.5, "deceleration": 88.1, "rotation_down": 27.5, "downward_expansion": 19.83 }, "activity_lines": [ 26.862887, 26.933162, 26.820771, 26.199827 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 27.5829, "trend_reference": 25.41798, "distance_from_trend": 0.085173, "trend_direction": "Improving", "fair_value": 21.458623, "distance_from_fair_value": 0.285399, "fair_value_direction": "Weakening", "relative_strength": -0.586369, "relative_strength_direction": "Improving", "price_momentum": 0.1529, "excess_performance": -0.034554, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.085173, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052079, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.285399, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.008727, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.005864, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.015447, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.1529, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.781458, "read": "Demand-led" } ], "volume": { "latest": 34065, "relative_activity": 0.612857, "balance": 1.781458, "dry_up": 0.924746, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.030028, "annualized_volatility": 0.166926, "from_high_reference": -0.018262, "from_low_reference": 0.268984 }, "levels": { "trend_reference": 25.41798, "fair_value_reference": 21.458623, "structural_low": 22.42, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.00892, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.001845, "regime_survival": 0.25, "best_return": 0.015857, "worst_return": -0.007112, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 3, "median_return": 0.012328, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.026372, "regime_survival": 0.0, "best_return": 0.039212, "worst_return": -0.00996, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.021234, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.033131, "regime_survival": 0.0, "best_return": 0.189611, "worst_return": 0.015936, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.055309, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.169339, "regime_survival": 0.0, "best_return": 0.055309, "worst_return": 0.055309, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-30", "tenure": "New", "return": 0.012802, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-12-20", "tenure": "Established", "return": 0.01909, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.026864, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-01-24", "tenure": "New", "return": 0.014104, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": 0.000964, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-30", "tenure": "Developing", "return": 0.100423, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.039942, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-11-21", "tenure": "Established", "return": 0.045288, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": -0.000713, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": 0.001091, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": 0.010401, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.066671, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-17", "tenure": "Established", "return": 0.039782, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.048744, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 18.56186, "volume": 320281, "typical_volume": 574013.35, "trend": 19.086455, "fair_value": 20.731076, "relative_strength": -17.267032, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -64.47805, "energy": 36.867051, "activity_lines": [ 18.882256, 19.001114, 19.013317, 19.028127 ] }, { "date": "2023-08-25", "close": 18.524017, "volume": 135659, "typical_volume": 578190.6, "trend": 19.053973, "fair_value": 20.711193, "relative_strength": -18.449626, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -68.626372, "energy": 56.225098, "activity_lines": [ 18.712821, 18.909826, 18.965983, 18.991841 ] }, { "date": "2023-09-01", "close": 18.538208, "volume": 180467, "typical_volume": 199057.65, "trend": 19.011558, "fair_value": 20.691791, "relative_strength": -20.910616, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.340463, "energy": 71.300875, "activity_lines": [ 18.607404, 18.831305, 18.922658, 18.958566 ] }, { "date": "2023-09-08", "close": 18.552305, "volume": 137492, "typical_volume": 192436.4, "trend": 18.983803, "fair_value": 20.672857, "relative_strength": -19.449607, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.284467, "energy": 73.105214, "activity_lines": [ 18.562207, 18.75681, 18.882636, 18.928937 ] }, { "date": "2023-09-15", "close": 18.56659, "volume": 158049, "typical_volume": 189296.95, "trend": 18.958417, "fair_value": 20.654381, "relative_strength": -18.569665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.705727, "energy": 69.372882, "activity_lines": [ 18.551113, 18.696439, 18.845822, 18.90202 ] }, { "date": "2023-09-22", "close": 18.580781, "volume": 221657, "typical_volume": 194816.4, "trend": 18.945172, "fair_value": 20.63635, "relative_strength": -15.199379, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.778664, "energy": 60.870835, "activity_lines": [ 18.561841, 18.644926, 18.813129, 18.877656 ] }, { "date": "2023-09-29", "close": 18.590242, "volume": 187489, "typical_volume": 198539.35, "trend": 18.931927, "fair_value": 20.618711, "relative_strength": -14.683655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.132243, "energy": 52.290081, "activity_lines": [ 18.574461, 18.608179, 18.783951, 18.854757 ] }, { "date": "2023-10-06", "close": 18.623355, "volume": 148226, "typical_volume": 197941.6, "trend": 18.919155, "fair_value": 20.601657, "relative_strength": -15.47254, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.779226, "energy": 42.452022, "activity_lines": [ 18.593705, 18.592418, 18.760405, 18.834849 ] }, { "date": "2023-10-13", "close": 18.632815, "volume": 109460, "typical_volume": 194761.75, "trend": 18.905494, "fair_value": 20.584972, "relative_strength": -14.924679, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.734971, "energy": 46.606358, "activity_lines": [ 18.610425, 18.591971, 18.739178, 18.816376 ] }, { "date": "2023-10-20", "close": 18.656467, "volume": 103967, "typical_volume": 190449.45, "trend": 18.891618, "fair_value": 20.568766, "relative_strength": -11.741861, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.432794, "energy": 40.345445, "activity_lines": [ 18.629662, 18.602362, 18.721451, 18.80031 ] }, { "date": "2023-10-27", "close": 18.661197, "volume": 87673, "typical_volume": 168147.8, "trend": 18.878216, "fair_value": 20.552869, "relative_strength": -8.901523, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.584692, "energy": 34.367519, "activity_lines": [ 18.644483, 18.616641, 18.705887, 18.785444 ] }, { "date": "2023-11-03", "close": 18.675388, "volume": 116699, "typical_volume": 164298.9, "trend": 18.864656, "fair_value": 20.537353, "relative_strength": -13.748937, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.664363, "energy": 39.324839, "activity_lines": [ 18.658674, 18.631694, 18.693129, 18.772358 ] }, { "date": "2023-11-10", "close": 18.69431, "volume": 109946, "typical_volume": 155051.95, "trend": 18.856141, "fair_value": 20.522246, "relative_strength": -15.557091, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.850566, "energy": 35.978131, "activity_lines": [ 18.673496, 18.647435, 18.68412, 18.761368 ] }, { "date": "2023-11-17", "close": 18.798377, "volume": 132650, "typical_volume": 151559.4, "trend": 18.851411, "fair_value": 20.508231, "relative_strength": -16.205096, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -10.966627, "energy": 31.272918, "activity_lines": [ 18.718277, 18.679259, 18.684662, 18.757641 ] }, { "date": "2023-11-24", "close": 18.897714, "volume": 70879, "typical_volume": 147197.85, "trend": 18.843054, "fair_value": 20.495243, "relative_strength": -15.919019, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": 29.308874, "energy": 51.69401, "activity_lines": [ 18.785132, 18.72467, 18.696512, 18.760629 ] }, { "date": "2023-12-01", "close": 19.211336, "volume": 104944, "typical_volume": 142623.0, "trend": 18.845781, "fair_value": 20.484972, "relative_strength": -14.044675, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 58.683428, "energy": 84.086641, "activity_lines": [ 18.940445, 18.821083, 18.738298, 18.784389 ] }, { "date": "2023-12-08", "close": 19.191374, "volume": 102905, "typical_volume": 141509.75, "trend": 18.848475, "fair_value": 20.474705, "relative_strength": -14.030962, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 57.63576, "energy": 85.001196, "activity_lines": [ 19.052428, 18.902402, 18.778597, 18.806685 ] }, { "date": "2023-12-15", "close": 19.593075, "volume": 91362, "typical_volume": 137510.7, "trend": 18.870865, "fair_value": 20.467763, "relative_strength": -14.457348, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 70.663398, "energy": 89.549163, "activity_lines": [ 19.263912, 19.045827, 18.85821, 18.854724 ] }, { "date": "2023-12-22", "close": 19.649839, "volume": 95779, "typical_volume": 136246.4, "trend": 18.896033, "fair_value": 20.461373, "relative_strength": -14.327697, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 95.11675, "energy": 98.200574, "activity_lines": [ 19.4344, 19.181943, 18.942171, 18.90498 ] }, { "date": "2023-12-29", "close": 19.776599, "volume": 79837, "typical_volume": 134771.05, "trend": 18.921388, "fair_value": 20.456065, "relative_strength": -13.355164, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.136291, "energy": 97.078045, "activity_lines": [ 19.590377, 19.322614, 19.035075, 18.961791 ] }, { "date": "2024-01-05", "close": 19.614904, "volume": 149004, "typical_volume": 126207.2, "trend": 18.942998, "fair_value": 20.449594, "relative_strength": -10.624445, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.526898, "energy": 72.754744, "activity_lines": [ 19.633864, 19.41352, 19.108038, 19.006534 ] }, { "date": "2024-01-12", "close": 19.614904, "volume": 5261213, "typical_volume": 382484.9, "trend": 18.960683, "fair_value": 20.443223, "relative_strength": -12.773822, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.816404, "energy": 67.484892, "activity_lines": [ 19.650446, 19.487086, 19.175987, 19.049883 ] }, { "date": "2024-01-19", "close": 19.192713, "volume": 232873, "typical_volume": 385105.2, "trend": 18.979819, "fair_value": 20.433749, "relative_strength": -16.349146, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.261573, "energy": 56.109361, "activity_lines": [ 19.498062, 19.466807, 19.198532, 19.064852 ] }, { "date": "2024-01-26", "close": 19.27521, "volume": 152796, "typical_volume": 385870.4, "trend": 18.982784, "fair_value": 20.425038, "relative_strength": -15.893681, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.452663, "energy": 35.859117, "activity_lines": [ 19.399868, 19.452467, 19.225817, 19.08391 ] }, { "date": "2024-02-02", "close": 19.488732, "volume": 189343, "typical_volume": 387435.1, "trend": 19.002011, "fair_value": 20.418051, "relative_strength": -15.399369, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.988763, "energy": 29.135901, "activity_lines": [ 19.397823, 19.468279, 19.269995, 19.116552 ] }, { "date": "2024-02-09", "close": 19.318497, "volume": 254424, "typical_volume": 389073.45, "trend": 19.002685, "fair_value": 20.409906, "relative_strength": -17.059508, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.138881, "energy": 25.268884, "activity_lines": [ 19.358225, 19.442393, 19.29357, 19.13697 ] }, { "date": "2024-02-16", "close": 19.236388, "volume": 265482, "typical_volume": 392973.1, "trend": 18.996787, "fair_value": 20.401277, "relative_strength": -15.561375, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.459354, "energy": 20.664934, "activity_lines": [ 19.311017, 19.39963, 19.305811, 19.152048 ] }, { "date": "2024-02-23", "close": 19.434964, "volume": 165217, "typical_volume": 393822.65, "trend": 18.998918, "fair_value": 20.394224, "relative_strength": -15.256442, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.133692, "energy": 22.199437, "activity_lines": [ 19.355236, 19.392153, 19.333888, 19.180317 ] }, { "date": "2024-03-01", "close": 19.585788, "volume": 327617, "typical_volume": 404730.5, "trend": 19.018697, "fair_value": 20.388366, "relative_strength": -15.678221, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.047743, "energy": 31.469937, "activity_lines": [ 19.433579, 19.414974, 19.372464, 19.21818 ] }, { "date": "2024-03-08", "close": 19.692549, "volume": 300558, "typical_volume": 414560.05, "trend": 19.047683, "fair_value": 20.38336, "relative_strength": -13.258951, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.989697, "energy": 39.301691, "activity_lines": [ 19.526804, 19.45837, 19.416669, 19.261654 ] }, { "date": "2024-03-15", "close": 19.585788, "volume": 247821, "typical_volume": 422567.45, "trend": 19.081814, "fair_value": 20.377663, "relative_strength": -12.13839, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.622209, "energy": 47.329075, "activity_lines": [ 19.570854, 19.483883, 19.445774, 19.29637 ] }, { "date": "2024-03-22", "close": 19.789604, "volume": 168929, "typical_volume": 425178.95, "trend": 19.124, "fair_value": 20.373492, "relative_strength": -13.249996, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.636833, "energy": 64.473887, "activity_lines": [ 19.665024, 19.546983, 19.489886, 19.342034 ] }, { "date": "2024-03-29", "close": 19.896365, "volume": 187936, "typical_volume": 429078.45, "trend": 19.169272, "fair_value": 20.370132, "relative_strength": -11.8192, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.945345, "energy": 71.159887, "activity_lines": [ 19.757899, 19.626318, 19.538861, 19.391864 ] }, { "date": "2024-04-05", "close": 19.72545, "volume": 326543, "typical_volume": 438773.1, "trend": 19.208377, "fair_value": 20.365624, "relative_strength": -11.350246, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.873253, "energy": 60.199295, "activity_lines": [ 19.763043, 19.661784, 19.565834, 19.427747 ] }, { "date": "2024-04-12", "close": 19.498438, "volume": 149689, "typical_volume": 442713.6, "trend": 19.239439, "fair_value": 20.359602, "relative_strength": -11.411564, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.043488, "energy": 39.690208, "activity_lines": [ 19.683205, 19.647789, 19.566771, 19.44646 ] }, { "date": "2024-04-19", "close": 19.124774, "volume": 221515, "typical_volume": 448542.15, "trend": 19.257572, "fair_value": 20.351086, "relative_strength": -7.661138, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 10.563026, "energy": 8.224768, "activity_lines": [ 19.491754, 19.565678, 19.529262, 19.439063 ] }, { "date": "2024-04-26", "close": 19.386727, "volume": 175777, "typical_volume": 452185.75, "trend": 19.284121, "fair_value": 20.34448, "relative_strength": -9.431901, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.10626, "energy": 20.363595, "activity_lines": [ 19.418354, 19.534717, 19.517112, 19.447395 ] }, { "date": "2024-05-03", "close": 19.294621, "volume": 140791, "typical_volume": 454657.2, "trend": 19.306497, "fair_value": 20.337339, "relative_strength": -10.256671, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.979947, "energy": 19.548771, "activity_lines": [ 19.341111, 19.484276, 19.49526, 19.448072 ] }, { "date": "2024-05-10", "close": 19.632471, "volume": 92292, "typical_volume": 454482.85, "trend": 19.339819, "fair_value": 20.332576, "relative_strength": -9.523692, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.09757, "energy": 19.661011, "activity_lines": [ 19.4166, 19.497815, 19.507006, 19.469103 ] }, { "date": "2024-05-17", "close": 19.960131, "volume": 137508, "typical_volume": 457366.4, "trend": 19.383274, "fair_value": 20.330076, "relative_strength": -9.548638, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.573538, "energy": 29.913209, "activity_lines": [ 19.607509, 19.570079, 19.55004, 19.509123 ] }, { "date": "2024-05-24", "close": 19.731371, "volume": 137086, "typical_volume": 456770.5, "trend": 19.418947, "fair_value": 20.326085, "relative_strength": -11.392432, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.678305, "energy": 37.782675, "activity_lines": [ 19.691384, 19.595885, 19.570413, 19.531581 ] }, { "date": "2024-05-31", "close": 19.731371, "volume": 148121, "typical_volume": 201115.9, "trend": 19.454146, "fair_value": 20.322146, "relative_strength": -9.604505, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.531324, "energy": 41.259763, "activity_lines": [ 19.73482, 19.619044, 19.590232, 19.551737 ] }, { "date": "2024-06-07", "close": 19.838132, "volume": 131807, "typical_volume": 196062.6, "trend": 19.492274, "fair_value": 20.318962, "relative_strength": -11.131757, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.998954, "energy": 55.656949, "activity_lines": [ 19.790866, 19.662673, 19.619664, 19.576511 ] }, { "date": "2024-06-14", "close": 19.974009, "volume": 117531, "typical_volume": 194299.35, "trend": 19.531461, "fair_value": 20.316707, "relative_strength": -13.188964, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.87001, "energy": 58.42431, "activity_lines": [ 19.855971, 19.732066, 19.658963, 19.60759 ] }, { "date": "2024-06-21", "close": 20.158221, "volume": 113149, "typical_volume": 190489.65, "trend": 19.573478, "fair_value": 20.315678, "relative_strength": -12.229857, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.401768, "energy": 66.021948, "activity_lines": [ 19.95971, 19.830433, 19.712478, 19.648027 ] }, { "date": "2024-06-28", "close": 20.261196, "volume": 116726, "typical_volume": 183604.75, "trend": 19.608473, "fair_value": 20.315327, "relative_strength": -11.370341, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.946793, "energy": 74.193193, "activity_lines": [ 20.084568, 19.935526, 19.772613, 19.692395 ] }, { "date": "2024-07-05", "close": 20.387951, "volume": 90301, "typical_volume": 174845.7, "trend": 19.648359, "fair_value": 20.315792, "relative_strength": -13.500486, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.070069, "energy": 81.088522, "activity_lines": [ 20.216357, 20.043003, 19.84033, 19.742684 ] }, { "date": "2024-07-12", "close": 20.585459, "volume": 120378, "typical_volume": 172603.75, "trend": 19.681439, "fair_value": 20.3037, "relative_strength": -12.082243, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.235546, "energy": 87.277282, "activity_lines": [ 20.370209, 20.168187, 19.921374, 19.803142 ] }, { "date": "2024-07-19", "close": 20.391348, "volume": 115671, "typical_volume": 162006.45, "trend": 19.706156, "fair_value": 20.286758, "relative_strength": -8.985438, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.066093, "energy": 79.285312, "activity_lines": [ 20.409536, 20.234609, 19.978453, 19.848943 ] }, { "date": "2024-07-26", "close": 20.265176, "volume": 119264, "typical_volume": 152941.75, "trend": 19.722442, "fair_value": 20.27038, "relative_strength": -6.882058, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.132652, "energy": 65.513726, "activity_lines": [ 20.378983, 20.264292, 20.01968, 19.885009 ] }, { "date": "2024-08-02", "close": 19.79931, "volume": 131324, "typical_volume": 147116.9, "trend": 19.728589, "fair_value": 20.249789, "relative_strength": -5.859411, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.95365, "energy": 30.491182, "activity_lines": [ 20.186011, 20.203726, 20.013811, 19.889968 ] }, { "date": "2024-08-09", "close": 19.838132, "volume": 84422, "typical_volume": 142891.55, "trend": 19.73603, "fair_value": 20.229081, "relative_strength": -5.724396, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.819809, "energy": 19.060271, "activity_lines": [ 20.036772, 20.148983, 20.010623, 19.897035 ] }, { "date": "2024-08-16", "close": 20.468992, "volume": 113363, "typical_volume": 139162.9, "trend": 19.778572, "fair_value": 20.213547, "relative_strength": -7.42123, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.486331, "energy": 24.736352, "activity_lines": [ 20.134475, 20.207001, 20.067286, 19.944323 ] }, { "date": "2024-08-23", "close": 20.69222, "volume": 83069, "typical_volume": 126989.2, "trend": 19.825806, "fair_value": 20.196517, "relative_strength": -7.068473, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.49314, "energy": 34.237364, "activity_lines": [ 20.314351, 20.294135, 20.142482, 20.003268 ] }, { "date": "2024-08-30", "close": 20.731042, "volume": 146213, "typical_volume": 126815.4, "trend": 19.867216, "fair_value": 20.178859, "relative_strength": -5.934592, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.722537, "energy": 56.01019, "activity_lines": [ 20.487109, 20.37527, 20.216771, 20.061671 ] }, { "date": "2024-09-06", "close": 19.828426, "volume": 128779, "typical_volume": 122178.6, "trend": 19.884214, "fair_value": 20.156759, "relative_strength": -4.263319, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.499565, "energy": 30.581199, "activity_lines": [ 20.327938, 20.281878, 20.199228, 20.059168 ] }, { "date": "2024-09-13", "close": 20.323409, "volume": 250280, "typical_volume": 125903.75, "trend": 19.920448, "fair_value": 20.138125, "relative_strength": -7.078346, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.471003, "energy": 30.548003, "activity_lines": [ 20.33182, 20.286352, 20.225475, 20.087503 ] }, { "date": "2024-09-20", "close": 20.610014, "volume": 99587, "typical_volume": 123843.55, "trend": 19.959616, "fair_value": 20.121215, "relative_strength": -6.785548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.585785, "energy": 32.16258, "activity_lines": [ 20.398886, 20.344108, 20.274557, 20.131991 ] }, { "date": "2024-09-27", "close": 20.595164, "volume": 85862, "typical_volume": 123522.05, "trend": 19.993262, "fair_value": 20.10853, "relative_strength": -7.421373, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.964015, "energy": 27.489983, "activity_lines": [ 20.4516, 20.398719, 20.315961, 20.172994 ] }, { "date": "2024-10-04", "close": 20.905742, "volume": 71774, "typical_volume": 120235.35, "trend": 20.033702, "fair_value": 20.097428, "relative_strength": -5.797674, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.193602, "energy": 48.787052, "activity_lines": [ 20.61431, 20.506092, 20.38236, 20.231864 ] }, { "date": "2024-10-11", "close": 21.072871, "volume": 76172, "typical_volume": 117189.65, "trend": 20.083271, "fair_value": 20.083714, "relative_strength": -5.863382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.55782, "energy": 66.036916, "activity_lines": [ 20.821083, 20.632206, 20.460173, 20.298907 ] }, { "date": "2024-10-18", "close": 20.9236, "volume": 120598, "typical_volume": 115813.5, "trend": 20.121071, "fair_value": 20.067174, "relative_strength": -6.316851, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.577062, "energy": 64.740696, "activity_lines": [ 20.895137, 20.708024, 20.517382, 20.353122 ] }, { "date": "2024-10-25", "close": 20.701925, "volume": 80709, "typical_volume": 113258.6, "trend": 20.147923, "fair_value": 20.045414, "relative_strength": -6.968704, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.842988, "energy": 58.281237, "activity_lines": [ 20.855286, 20.723802, 20.547801, 20.390596 ] }, { "date": "2024-11-01", "close": 20.410759, "volume": 101437, "typical_volume": 112453.9, "trend": 20.170767, "fair_value": 20.016761, "relative_strength": -6.421445, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.844656, "energy": 34.55886, "activity_lines": [ 20.712252, 20.682405, 20.546377, 20.407554 ] }, { "date": "2024-11-08", "close": 21.304154, "volume": 107228, "typical_volume": 112157.85, "trend": 20.230957, "fair_value": 19.996232, "relative_strength": -7.067958, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.596311, "energy": 42.213132, "activity_lines": [ 20.87931, 20.808561, 20.627959, 20.480675 ] }, { "date": "2024-11-15", "close": 20.721336, "volume": 78379, "typical_volume": 110240.5, "trend": 20.284176, "fair_value": 19.969219, "relative_strength": -6.11648, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.708482, "energy": 28.941137, "activity_lines": [ 20.825535, 20.81833, 20.648577, 20.512313 ] }, { "date": "2024-11-22", "close": 21.177497, "volume": 127216, "typical_volume": 112086.25, "trend": 20.343868, "fair_value": 19.949456, "relative_strength": -5.513497, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.265694, "energy": 38.433008, "activity_lines": [ 20.947249, 20.894803, 20.710448, 20.569946 ] }, { "date": "2024-11-29", "close": 21.264847, "volume": 61231, "typical_volume": 109128.9, "trend": 20.409543, "fair_value": 19.932765, "relative_strength": -5.535617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.340935, "energy": 57.640288, "activity_lines": [ 21.081153, 20.971628, 20.776878, 20.629364 ] }, { "date": "2024-12-06", "close": 21.087721, "volume": 52447, "typical_volume": 105967.7, "trend": 20.458051, "fair_value": 19.908277, "relative_strength": -8.935527, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.851234, "energy": 51.225599, "activity_lines": [ 21.118487, 21.004343, 20.823204, 20.673118 ] }, { "date": "2024-12-13", "close": 20.886331, "volume": 49239, "typical_volume": 102466.45, "trend": 20.488924, "fair_value": 19.888108, "relative_strength": -10.128327, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.536425, "energy": 47.808196, "activity_lines": [ 21.043561, 20.991486, 20.847034, 20.700749 ] }, { "date": "2024-12-20", "close": 20.206942, "volume": 77457, "typical_volume": 99773.1, "trend": 20.504777, "fair_value": 19.859025, "relative_strength": -10.693629, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.937353, "energy": 7.150102, "activity_lines": [ 20.770026, 20.855456, 20.803203, 20.682556 ] }, { "date": "2024-12-27", "close": 20.401053, "volume": 86299, "typical_volume": 99866.95, "trend": 20.527099, "fair_value": 19.830667, "relative_strength": -10.274639, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.174625, "energy": 14.24562, "activity_lines": [ 20.595488, 20.770464, 20.775917, 20.675865 ] }, { "date": "2025-01-03", "close": 20.424993, "volume": 127765, "typical_volume": 100587.05, "trend": 20.546661, "fair_value": 19.808692, "relative_strength": -9.064113, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.487609, "energy": 26.370581, "activity_lines": [ 20.480692, 20.699325, 20.74823, 20.669277 ] }, { "date": "2025-01-10", "close": 19.852992, "volume": 62768, "typical_volume": 99572.0, "trend": 20.542627, "fair_value": 19.782874, "relative_strength": -9.261866, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.157689, "energy": 43.810973, "activity_lines": [ 20.23122, 20.529221, 20.666277, 20.624524 ] }, { "date": "2025-01-17", "close": 20.576541, "volume": 72479, "typical_volume": 95885.3, "trend": 20.556571, "fair_value": 19.771795, "relative_strength": -8.315952, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.243632, "energy": 37.061107, "activity_lines": [ 20.305247, 20.500813, 20.657229, 20.626712 ] }, { "date": "2025-01-24", "close": 20.866754, "volume": 96114, "typical_volume": 94252.05, "trend": 20.576757, "fair_value": 19.763175, "relative_strength": -8.147106, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.327319, "energy": 10.818983, "activity_lines": [ 20.496663, 20.5384, 20.676556, 20.646724 ] }, { "date": "2025-01-31", "close": 20.56663, "volume": 83783, "typical_volume": 85927.2, "trend": 20.582713, "fair_value": 19.753277, "relative_strength": -7.935113, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.519125, "energy": 5.991635, "activity_lines": [ 20.544051, 20.518775, 20.662356, 20.646071 ] }, { "date": "2025-02-07", "close": 20.626099, "volume": 118028, "typical_volume": 86849.25, "trend": 20.584067, "fair_value": 19.74414, "relative_strength": -7.571527, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.098472, "energy": 10.652621, "activity_lines": [ 20.600223, 20.521069, 20.652662, 20.64887 ] }, { "date": "2025-02-14", "close": 20.903625, "volume": 88799, "typical_volume": 86996.1, "trend": 20.601143, "fair_value": 19.738121, "relative_strength": -8.728069, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.840189, "energy": 16.632214, "activity_lines": [ 20.735497, 20.585437, 20.669321, 20.669486 ] }, { "date": "2025-02-21", "close": 20.705393, "volume": 94390, "typical_volume": 88126.9, "trend": 20.615817, "fair_value": 19.729995, "relative_strength": -7.2931, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 23.474019, "energy": 15.913633, "activity_lines": [ 20.734652, 20.617109, 20.665633, 20.676212 ] }, { "date": "2025-02-28", "close": 20.537093, "volume": 127600, "typical_volume": 90698.3, "trend": 20.64041, "fair_value": 19.718085, "relative_strength": -4.641718, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -1.57697, "energy": 5.096641, "activity_lines": [ 20.669116, 20.621471, 20.64687, 20.671133 ] }, { "date": "2025-03-07", "close": 20.180572, "volume": 101580, "typical_volume": 89747.4, "trend": 20.651825, "fair_value": 19.707829, "relative_strength": -2.996291, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -55.155697, "energy": 23.355287, "activity_lines": [ 20.506717, 20.555008, 20.596704, 20.641466 ] }, { "date": "2025-03-14", "close": 20.358486, "volume": 103481, "typical_volume": 90886.0, "trend": 20.648141, "fair_value": 19.696245, "relative_strength": 0.468865, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.98679, "energy": 28.582667, "activity_lines": [ 20.429361, 20.524902, 20.567021, 20.622541 ] }, { "date": "2025-03-21", "close": 20.626099, "volume": 66320, "typical_volume": 89130.15, "trend": 20.645937, "fair_value": 19.688818, "relative_strength": 1.61569, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.708029, "energy": 27.827828, "activity_lines": [ 20.459049, 20.544662, 20.56446, 20.621119 ] }, { "date": "2025-03-28", "close": 20.586453, "volume": 37352, "typical_volume": 85636.35, "trend": 20.641117, "fair_value": 19.680694, "relative_strength": 3.898491, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.834478, "energy": 29.050407, "activity_lines": [ 20.494024, 20.543157, 20.557097, 20.617281 ] }, { "date": "2025-04-04", "close": 18.752802, "volume": 103063, "typical_volume": 86870.55, "trend": 20.605263, "fair_value": 19.662931, "relative_strength": 5.037803, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.482324, "energy": 67.914448, "activity_lines": [ 19.925711, 20.208081, 20.378519, 20.495455 ] }, { "date": "2025-04-11", "close": 18.911388, "volume": 367435, "typical_volume": 98881.5, "trend": 20.558196, "fair_value": 19.64889, "relative_strength": -1.329444, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.159864, "energy": 76.762771, "activity_lines": [ 19.529213, 19.940274, 20.224418, 20.386172 ] }, { "date": "2025-04-18", "close": 18.921299, "volume": 56141, "typical_volume": 98627.0, "trend": 20.501905, "fair_value": 19.638396, "relative_strength": 1.187102, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.774238, "energy": 83.760463, "activity_lines": [ 19.220631, 19.704365, 20.082052, 20.280566 ] }, { "date": "2025-04-25", "close": 19.755958, "volume": 124024, "typical_volume": 102205.85, "trend": 20.473932, "fair_value": 19.636897, "relative_strength": -0.555549, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.228387, "energy": 75.683188, "activity_lines": [ 19.28608, 19.651208, 20.030338, 20.23244 ] }, { "date": "2025-05-02", "close": 20.051225, "volume": 161313, "typical_volume": 107809.55, "trend": 20.445448, "fair_value": 19.637687, "relative_strength": -2.269594, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.965505, "energy": 50.351779, "activity_lines": [ 19.507962, 19.672603, 20.013085, 20.205169 ] }, { "date": "2025-05-09", "close": 20.269281, "volume": 173266, "typical_volume": 112600.0, "trend": 20.418662, "fair_value": 19.639845, "relative_strength": -0.88993, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.071681, "energy": 21.700885, "activity_lines": [ 19.838211, 19.745538, 20.020577, 20.193803 ] }, { "date": "2025-05-16", "close": 20.655834, "volume": 98383, "typical_volume": 113204.2, "trend": 20.409736, "fair_value": 19.644511, "relative_strength": -5.284954, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.282025, "energy": 18.683186, "activity_lines": [ 20.196212, 19.893625, 20.064586, 20.209105 ] }, { "date": "2025-05-23", "close": 20.338662, "volume": 121446, "typical_volume": 112888.25, "trend": 20.397627, "fair_value": 19.6456, "relative_strength": -4.342263, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -17.106748, "energy": 24.496751, "activity_lines": [ 20.332193, 19.975403, 20.077175, 20.204519 ] }, { "date": "2025-05-30", "close": 20.636011, "volume": 164209, "typical_volume": 117960.3, "trend": 20.405136, "fair_value": 19.649668, "relative_strength": -4.600536, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 12.90892, "energy": 24.557838, "activity_lines": [ 20.472799, 20.111605, 20.118494, 20.219899 ] }, { "date": "2025-06-06", "close": 20.852184, "volume": 97102, "typical_volume": 119191.45, "trend": 20.39007, "fair_value": 19.656472, "relative_strength": -5.403438, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 29.203519, "energy": 34.342662, "activity_lines": [ 20.626793, 20.286931, 20.176673, 20.248741 ] }, { "date": "2025-06-13", "close": 20.753662, "volume": 45351, "typical_volume": 116653.3, "trend": 20.391148, "fair_value": 19.665174, "relative_strength": -5.209684, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.369355, "energy": 41.279087, "activity_lines": [ 20.694549, 20.439512, 20.224156, 20.272198 ] }, { "date": "2025-06-20", "close": 20.794597, "volume": 87386, "typical_volume": 116833.45, "trend": 20.378384, "fair_value": 19.672551, "relative_strength": -4.877567, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.509782, "energy": 41.488514, "activity_lines": [ 20.743658, 20.563157, 20.276075, 20.298227 ] }, { "date": "2025-06-27", "close": 21.280267, "volume": 79066, "typical_volume": 114885.35, "trend": 20.378898, "fair_value": 19.683042, "relative_strength": -6.375428, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.269979, "energy": 56.254411, "activity_lines": [ 20.945406, 20.740865, 20.373164, 20.356413 ] }, { "date": "2025-07-04", "close": 21.685058, "volume": 175246, "typical_volume": 119207.7, "trend": 20.398809, "fair_value": 19.696539, "relative_strength": -5.887133, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.813891, "energy": 84.740976, "activity_lines": [ 21.21931, 20.949282, 20.505689, 20.440682 ] }, { "date": "2025-07-11", "close": 21.511604, "volume": 119009, "typical_volume": 120438.65, "trend": 20.419652, "fair_value": 19.7091, "relative_strength": -6.168152, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.733838, "energy": 87.438025, "activity_lines": [ 21.365461, 21.091086, 20.617974, 20.512475 ] }, { "date": "2025-07-18", "close": 21.699232, "volume": 87716, "typical_volume": 118444.45, "trend": 20.469395, "fair_value": 19.722218, "relative_strength": -6.345045, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.281328, "energy": 90.249725, "activity_lines": [ 21.530192, 21.240453, 20.744289, 20.595028 ] }, { "date": "2025-07-25", "close": 21.861881, "volume": 75515, "typical_volume": 117141.2, "trend": 20.518089, "fair_value": 19.734967, "relative_strength": -6.257836, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.04545, "energy": 92.351898, "activity_lines": [ 21.686102, 21.393393, 20.88056, 20.684866 ] }, { "date": "2025-08-01", "close": 21.440934, "volume": 133728, "typical_volume": 118653.55, "trend": 20.551954, "fair_value": 19.744283, "relative_strength": -5.74062, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.22737, "energy": 84.976096, "activity_lines": [ 21.630544, 21.447869, 20.968734, 20.744405 ] }, { "date": "2025-08-08", "close": 22.02691, "volume": 57673, "typical_volume": 118221.2, "trend": 20.624418, "fair_value": 19.754516, "relative_strength": -6.387343, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.051644, "energy": 85.971574, "activity_lines": [ 21.7596, 21.588845, 21.107562, 20.839563 ] }, { "date": "2025-08-15", "close": 22.019972, "volume": 76080, "typical_volume": 120157.6, "trend": 20.672532, "fair_value": 19.766985, "relative_strength": -6.641549, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.326306, "energy": 82.65447, "activity_lines": [ 21.863553, 21.70327, 21.239058, 20.929599 ] }, { "date": "2025-08-22", "close": 22.012538, "volume": 49455, "typical_volume": 117477.2, "trend": 20.710725, "fair_value": 19.783346, "relative_strength": -5.580683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.494282, "energy": 66.858313, "activity_lines": [ 21.931137, 21.795111, 21.36302, 21.016051 ] }, { "date": "2025-08-29", "close": 21.958123, "volume": 57933, "typical_volume": 102002.1, "trend": 20.757108, "fair_value": 19.800298, "relative_strength": -5.319217, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.816475, "energy": 67.461798, "activity_lines": [ 21.959696, 21.85417, 21.466277, 21.096528 ] }, { "date": "2025-09-05", "close": 22.071314, "volume": 37577, "typical_volume": 101073.9, "trend": 20.805282, "fair_value": 19.818093, "relative_strength": -5.49247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.808205, "energy": 65.158848, "activity_lines": [ 22.019569, 21.912654, 21.565806, 21.181316 ] }, { "date": "2025-09-12", "close": 22.393739, "volume": 56235, "typical_volume": 97684.45, "trend": 20.854952, "fair_value": 19.837955, "relative_strength": -5.628535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.096867, "energy": 69.692115, "activity_lines": [ 22.144891, 22.015378, 21.681042, 21.283797 ] }, { "date": "2025-09-19", "close": 22.680582, "volume": 61242, "typical_volume": 92680.9, "trend": 20.920792, "fair_value": 19.859598, "relative_strength": -6.215287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.577236, "energy": 72.478654, "activity_lines": [ 22.341373, 22.15737, 21.811035, 21.401579 ] }, { "date": "2025-09-26", "close": 22.628248, "volume": 85356, "typical_volume": 88285.4, "trend": 20.990497, "fair_value": 19.88094, "relative_strength": -5.804482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.113908, "energy": 81.934983, "activity_lines": [ 22.476369, 22.268593, 21.923524, 21.511738 ] }, { "date": "2025-10-03", "close": 22.885059, "volume": 54904, "typical_volume": 86111.45, "trend": 21.080647, "fair_value": 19.903864, "relative_strength": -5.640646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.272809, "energy": 90.596459, "activity_lines": [ 22.655922, 22.409618, 22.049237, 21.633968 ] }, { "date": "2025-10-10", "close": 22.611399, "volume": 90441, "typical_volume": 84561.2, "trend": 21.155744, "fair_value": 19.924945, "relative_strength": -4.395879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.508415, "energy": 73.921772, "activity_lines": [ 22.682459, 22.482283, 22.138272, 21.732726 ] }, { "date": "2025-10-17", "close": 23.130966, "volume": 114520, "typical_volume": 82076.75, "trend": 21.239239, "fair_value": 19.949415, "relative_strength": -4.341474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.602997, "energy": 71.961912, "activity_lines": [ 22.846179, 22.628133, 22.265968, 21.860159 ] }, { "date": "2025-10-24", "close": 23.367854, "volume": 67627, "typical_volume": 80603.0, "trend": 21.331953, "fair_value": 19.975463, "relative_strength": -5.235332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.793878, "energy": 72.561679, "activity_lines": [ 23.039713, 22.79698, 22.404343, 21.997489 ] }, { "date": "2025-10-31", "close": 23.358934, "volume": 71866, "typical_volume": 81928.75, "trend": 21.485491, "fair_value": 20.001218, "relative_strength": -6.851437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.98861, "energy": 70.314429, "activity_lines": [ 23.184456, 22.939699, 22.529889, 22.128262 ] }, { "date": "2025-11-07", "close": 22.940167, "volume": 85209, "typical_volume": 81819.9, "trend": 21.619783, "fair_value": 20.021702, "relative_strength": -5.437252, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.723107, "energy": 65.473611, "activity_lines": [ 23.140898, 22.981798, 22.603147, 22.222112 ] }, { "date": "2025-11-14", "close": 22.986356, "volume": 88981, "typical_volume": 82315.65, "trend": 21.755285, "fair_value": 20.043573, "relative_strength": -4.91696, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.781686, "energy": 58.786139, "activity_lines": [ 23.109062, 23.01444, 22.670587, 22.310278 ] }, { "date": "2025-11-21", "close": 22.485818, "volume": 248584, "typical_volume": 85982.55, "trend": 21.84628, "fair_value": 20.060104, "relative_strength": -3.839917, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.221627, "energy": 38.092105, "activity_lines": [ 22.885382, 22.939438, 22.682232, 22.35741 ] }, { "date": "2025-11-28", "close": 23.359826, "volume": 94461, "typical_volume": 84755.15, "trend": 21.956567, "fair_value": 20.080809, "relative_strength": -4.614397, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.243699, "energy": 38.108267, "activity_lines": [ 22.996049, 23.021672, 22.773303, 22.455058 ] }, { "date": "2025-12-05", "close": 23.343174, "volume": 89564, "typical_volume": 84847.55, "trend": 22.05903, "fair_value": 20.105758, "relative_strength": -5.496352, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.810665, "energy": 42.846452, "activity_lines": [ 23.1017, 23.088528, 22.853987, 22.544516 ] }, { "date": "2025-12-12", "close": 23.233651, "volume": 208906, "typical_volume": 91517.1, "trend": 22.144957, "fair_value": 20.132474, "relative_strength": -4.041604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.779786, "energy": 41.057909, "activity_lines": [ 23.171895, 23.122473, 22.916412, 22.620298 ] }, { "date": "2025-12-19", "close": 23.290048, "volume": 81224, "typical_volume": 88891.9, "trend": 22.243337, "fair_value": 20.159492, "relative_strength": -4.276972, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.563882, "energy": 46.90348, "activity_lines": [ 23.241322, 23.160334, 22.977675, 22.694175 ] }, { "date": "2025-12-26", "close": 23.660247, "volume": 34105, "typical_volume": 87713.5, "trend": 22.344145, "fair_value": 20.188991, "relative_strength": -3.883305, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.782306, "energy": 57.495975, "activity_lines": [ 23.413904, 23.253164, 23.065391, 22.785589 ] }, { "date": "2026-01-02", "close": 23.2591, "volume": 95820, "typical_volume": 88700.5, "trend": 22.424375, "fair_value": 20.21613, "relative_strength": -3.775861, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.949716, "energy": 43.239097, "activity_lines": [ 23.374474, 23.263435, 23.107124, 22.844618 ] }, { "date": "2026-01-09", "close": 23.7175, "volume": 61117, "typical_volume": 89283.6, "trend": 22.52317, "fair_value": 20.244388, "relative_strength": -3.928069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.64376, "energy": 50.074558, "activity_lines": [ 23.494559, 23.35903, 23.186614, 22.928045 ] }, { "date": "2026-01-16", "close": 23.7538, "volume": 68104, "typical_volume": 89792.15, "trend": 22.62181, "fair_value": 20.274303, "relative_strength": -2.879813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.200719, "energy": 57.865661, "activity_lines": [ 23.601789, 23.454704, 23.261442, 23.007441 ] }, { "date": "2026-01-23", "close": 23.9526, "volume": 65280, "typical_volume": 91177.3, "trend": 22.710888, "fair_value": 20.302855, "relative_strength": -2.242557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.378512, "energy": 57.575587, "activity_lines": [ 23.74061, 23.571731, 23.346653, 23.093298 ] }, { "date": "2026-01-30", "close": 23.8575, "volume": 82152, "typical_volume": 92473.15, "trend": 22.783303, "fair_value": 20.328797, "relative_strength": -2.439849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.781115, "energy": 58.98027, "activity_lines": [ 23.80356, 23.653899, 23.413848, 23.167273 ] }, { "date": "2026-02-06", "close": 23.9248, "volume": 245300, "typical_volume": 101676.05, "trend": 22.863742, "fair_value": 20.357898, "relative_strength": -0.184154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.147347, "energy": 54.101784, "activity_lines": [ 23.875793, 23.723364, 23.480482, 23.240918 ] }, { "date": "2026-02-13", "close": 23.8225, "volume": 199234, "typical_volume": 107369.95, "trend": 22.934518, "fair_value": 20.386708, "relative_strength": 0.638877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.493974, "energy": 45.737246, "activity_lines": [ 23.869547, 23.763956, 23.531448, 23.302774 ] }, { "date": "2026-02-20", "close": 24.1818, "volume": 195135, "typical_volume": 114381.5, "trend": 23.011849, "fair_value": 20.420065, "relative_strength": 0.992501, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.068717, "energy": 49.044276, "activity_lines": [ 23.976067, 23.861161, 23.610947, 23.383243 ] }, { "date": "2026-02-27", "close": 24.2758, "volume": 85081, "typical_volume": 114113.5, "trend": 23.106344, "fair_value": 20.453964, "relative_strength": 1.670781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.076863, "energy": 53.966783, "activity_lines": [ 24.085387, 23.958217, 23.693223, 23.464789 ] }, { "date": "2026-03-06", "close": 23.477, "volume": 81958, "typical_volume": 112485.4, "trend": 23.15468, "fair_value": 20.482621, "relative_strength": -0.336402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.500031, "energy": 33.991484, "activity_lines": [ 23.906893, 23.892115, 23.691497, 23.488702 ] }, { "date": "2026-03-13", "close": 23.259, "volume": 44760, "typical_volume": 111342.05, "trend": 23.195981, "fair_value": 20.509649, "relative_strength": -0.088727, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.448873, "energy": 15.206239, "activity_lines": [ 23.6811, 23.789707, 23.667361, 23.495432 ] }, { "date": "2026-03-20", "close": 22.4316, "volume": 44711, "typical_volume": 109984.3, "trend": 23.20995, "fair_value": 20.53118, "relative_strength": -1.491719, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -15.065696, "energy": 21.45328, "activity_lines": [ 23.223893, 23.536865, 23.564944, 23.446117 ] }, { "date": "2026-03-27", "close": 22.6649, "volume": 44579, "typical_volume": 107952.8, "trend": 23.233509, "fair_value": 20.554267, "relative_strength": 3.044497, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -28.408064, "energy": 35.369243, "activity_lines": [ 22.93718, 23.349822, 23.489162, 23.410953 ] }, { "date": "2026-04-03", "close": 23.4899, "volume": 45358, "typical_volume": 105771.65, "trend": 23.280796, "fair_value": 20.582522, "relative_strength": 2.929964, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -18.075364, "energy": 27.686146, "activity_lines": [ 23.026593, 23.332576, 23.493262, 23.427494 ] }, { "date": "2026-04-10", "close": 24.3629, "volume": 79569, "typical_volume": 97320.9, "trend": 23.346434, "fair_value": 20.617221, "relative_strength": 2.295642, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 30.042858, "energy": 17.939878, "activity_lines": [ 23.4594, 23.482471, 23.578106, 23.497307 ] }, { "date": "2026-04-17", "close": 25.056, "volume": 45318, "typical_volume": 94863.75, "trend": 23.425615, "fair_value": 20.656425, "relative_strength": -0.71439, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 68.69819, "energy": 43.159159, "activity_lines": [ 24.06418, 23.749195, 23.720022, 23.607602 ] }, { "date": "2026-04-24", "close": 25.5214, "volume": 26604, "typical_volume": 91715.75, "trend": 23.522053, "fair_value": 20.697277, "relative_strength": -0.878199, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.828259, "energy": 71.915529, "activity_lines": [ 24.704293, 24.079969, 23.898185, 23.742814 ] }, { "date": "2026-05-01", "close": 25.742, "volume": 91480, "typical_volume": 85844.45, "trend": 23.617285, "fair_value": 20.739665, "relative_strength": -1.398501, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.1784, "energy": 84.818048, "activity_lines": [ 25.211953, 24.419964, 24.086985, 23.886036 ] }, { "date": "2026-05-08", "close": 26.9044, "volume": 30491, "typical_volume": 83307.8, "trend": 23.760385, "fair_value": 20.789625, "relative_strength": -2.131028, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.909419, "energy": 94.426208, "activity_lines": [ 25.90194, 24.942936, 24.374545, 24.098108 ] }, { "date": "2026-05-15", "close": 26.8743, "volume": 48991, "typical_volume": 84052.1, "trend": 23.885162, "fair_value": 20.840605, "relative_strength": -1.833203, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.841788, "energy": 93.036216, "activity_lines": [ 26.35426, 25.412644, 24.642027, 24.299006 ] }, { "date": "2026-05-22", "close": 27.1756, "volume": 32935, "typical_volume": 80907.85, "trend": 24.012087, "fair_value": 20.893688, "relative_strength": -1.81552, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.05122, "energy": 92.367992, "activity_lines": [ 26.739587, 25.875364, 24.9229, 24.511292 ] }, { "date": "2026-05-29", "close": 27.7891, "volume": 56905, "typical_volume": 80697.25, "trend": 24.15976, "fair_value": 20.949926, "relative_strength": -2.313327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.828026, "energy": 93.667641, "activity_lines": [ 27.188107, 26.378418, 25.24355, 24.75497 ] }, { "date": "2026-06-05", "close": 26.8181, "volume": 50901, "typical_volume": 79837.1, "trend": 24.289024, "fair_value": 21.000256, "relative_strength": -1.208912, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.657621, "energy": 80.750504, "activity_lines": [ 27.16178, 26.607518, 25.452337, 24.926476 ] }, { "date": "2026-06-12", "close": 27.3609, "volume": 24163, "typical_volume": 77781.25, "trend": 24.434842, "fair_value": 21.053311, "relative_strength": -1.405404, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.275112, "energy": 66.896762, "activity_lines": [ 27.244647, 26.859796, 25.698226, 25.124662 ] }, { "date": "2026-06-19", "close": 27.7058, "volume": 25108, "typical_volume": 74929.05, "trend": 24.608842, "fair_value": 21.111562, "relative_strength": -2.654108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.006036, "energy": 68.000206, "activity_lines": [ 27.412047, 27.104402, 25.960733, 25.335691 ] }, { "date": "2026-06-26", "close": 26.9652, "volume": 30914, "typical_volume": 64209.75, "trend": 24.729021, "fair_value": 21.161427, "relative_strength": -0.752985, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.252449, "energy": 57.547395, "activity_lines": [ 27.277147, 27.153573, 26.134382, 25.487714 ] }, { "date": "2026-07-03", "close": 27.0022, "volume": 17689, "typical_volume": 55132.5, "trend": 24.850988, "fair_value": 21.213287, "relative_strength": -1.403732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.904549, "energy": 49.870983, "activity_lines": [ 27.168607, 27.174758, 26.297076, 25.634371 ] }, { "date": "2026-07-10", "close": 27.3155, "volume": 255069, "typical_volume": 58129.2, "trend": 24.98705, "fair_value": 21.26468, "relative_strength": -1.97037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.696898, "energy": 48.646392, "activity_lines": [ 27.21696, 27.225984, 26.474467, 25.793372 ] }, { "date": "2026-07-17", "close": 26.5367, "volume": 107118, "typical_volume": 59231.05, "trend": 25.095272, "fair_value": 21.310343, "relative_strength": -0.599918, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.11982, "energy": 35.708442, "activity_lines": [ 26.972553, 27.107, 26.562764, 25.893349 ] }, { "date": "2026-07-24", "close": 26.3009, "volume": 31100, "typical_volume": 56688.15, "trend": 25.183293, "fair_value": 21.354765, "relative_strength": 0.130258, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.130955, "energy": 26.364003, "activity_lines": [ 26.704493, 26.951829, 26.617838, 25.971132 ] }, { "date": "2026-07-31", "close": 26.4343, "volume": 33321, "typical_volume": 56116.2, "trend": 25.289133, "fair_value": 21.402469, "relative_strength": 0.109713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.599912, "energy": 21.889587, "activity_lines": [ 26.57456, 26.831338, 26.67217, 26.051842 ] }, { "date": "2026-08-07", "close": 27.5829, "volume": 34065, "typical_volume": 55583.9, "trend": 25.41798, "fair_value": 21.458623, "relative_strength": -0.586369, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.126961, "energy": 28.341459, "activity_lines": [ 26.862887, 26.933162, 26.820771, 26.199827 ] } ], "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." } } }