{ "ticker": { "uuid": "65ed4e74-0dbb-43e5-b5a2-d7e07efab14c", "symbol": "USG", "name": "USCF ETF TRUST GOLD STRATEGY PLUS INCOME ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 68.114, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -53.232, "architecture_energy": 46.999, "architecture_maturity": 52.381, "architecture_confidence": 65.893, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 17.9, "rotation_up": 25.9, "upward_expansion": 19.03, "deceleration": 65.9, "rotation_down": 51.52, "downward_expansion": 73.7 }, "activity_lines": [ 32.755387, 32.693289, 33.755428, 34.781255 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.833333 }, "latest_close": 33.9802, "trend_reference": 36.064223, "distance_from_trend": -0.057786, "trend_direction": "Weakening", "fair_value": 25.951227, "distance_from_fair_value": 0.309387, "fair_value_direction": "Weakening", "relative_strength": -11.761356, "relative_strength_direction": "Weakening", "price_momentum": -0.121516, "excess_performance": -0.247141, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.057786, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.010521, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.309387, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.203101, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.117614, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.127957, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.121516, "read": "Negative" }, { "label": "Volume balance", "positive": true, "value": 1.715605, "read": "Demand-led" } ], "volume": { "latest": 20977, "relative_activity": 0.727268, "balance": 1.715605, "dry_up": 1.729399, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.039281, "annualized_volatility": 0.23411, "from_high_reference": -0.194265, "from_low_reference": 0.235193 }, "levels": { "trend_reference": 36.064223, "fair_value_reference": 25.951227, "structural_low": 31.49, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 4, "median_return": 0.006729, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.006555, "regime_survival": 0.75, "best_return": 0.02548, "worst_return": 0.001541, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.051404, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.012865, "regime_survival": 0.0, "best_return": 0.051404, "worst_return": 0.051404, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.071096, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.092013, "regime_survival": 0.0, "best_return": 0.071096, "worst_return": 0.071096, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.277042, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": -0.018582, "regime_survival": 0.0, "best_return": 0.277042, "worst_return": 0.277042, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-05-12", "end": "2023-06-09", "tenure": "Developing", "return": -0.024393, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-06-16", "end": "2023-08-18", "tenure": "Developing", "return": -0.036337, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-08-25", "end": "2023-10-27", "tenure": "Developing", "return": 0.050525, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2023-11-03", "end": "2023-12-01", "tenure": "Developing", "return": 0.03737, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-02-02", "tenure": "Developing", "return": 0.016383, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-03-01", "tenure": "New", "return": 0.024079, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-08", "end": "2024-06-14", "tenure": "Established", "return": 0.064422, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-07-05", "tenure": "New", "return": 0.021036, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-11-22", "tenure": "Established", "return": 0.127266, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-17", "tenure": "Developing", "return": 0.023556, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-24", "end": "2026-03-27", "tenure": "Extended", "return": 0.475248, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-22", "tenure": "Developing", "return": -0.027533, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-05-29", "end": "2026-06-19", "tenure": "New", "return": -0.067351, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-06-26", "end": "2026-08-07", "tenure": "Developing", "return": 0.055905, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 16.66076, "volume": 2337, "typical_volume": 3328.8, "trend": 17.240849, "fair_value": 16.767008, "relative_strength": -8.331763, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.302689, "energy": 52.932704, "activity_lines": [ 16.982622, 17.069775, 17.179746, 17.227025 ] }, { "date": "2023-08-25", "close": 16.894437, "volume": 2479, "typical_volume": 3231.75, "trend": 17.218261, "fair_value": 16.768349, "relative_strength": -7.691026, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.250667, "energy": 57.130464, "activity_lines": [ 16.914254, 17.032329, 17.140596, 17.204675 ] }, { "date": "2023-09-01", "close": 17.124593, "volume": 224, "typical_volume": 2484.0, "trend": 17.211478, "fair_value": 16.77206, "relative_strength": -8.644445, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.739154, "energy": 53.054748, "activity_lines": [ 16.953749, 17.043903, 17.127081, 17.198632 ] }, { "date": "2023-09-08", "close": 16.887598, "volume": 572, "typical_volume": 2289.5, "trend": 17.207335, "fair_value": 16.773251, "relative_strength": -8.697339, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.496106, "energy": 52.590741, "activity_lines": [ 16.927562, 17.00906, 17.093792, 17.177737 ] }, { "date": "2023-09-15", "close": 16.962082, "volume": 515, "typical_volume": 1906.75, "trend": 17.212887, "fair_value": 16.775178, "relative_strength": -8.073361, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.906196, "energy": 28.928317, "activity_lines": [ 16.945614, 16.989053, 17.070386, 17.161914 ] }, { "date": "2023-09-22", "close": 17.012543, "volume": 1548, "typical_volume": 1720.1, "trend": 17.228442, "fair_value": 16.777575, "relative_strength": -4.903957, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.239135, "energy": 20.435942, "activity_lines": [ 16.981164, 16.979328, 17.054571, 17.148989 ] }, { "date": "2023-09-29", "close": 16.328819, "volume": 4023, "typical_volume": 1826.35, "trend": 17.213897, "fair_value": 16.773088, "relative_strength": -7.861698, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.618235, "energy": 63.17189, "activity_lines": [ 16.765353, 16.850405, 16.977332, 17.090948 ] }, { "date": "2023-10-06", "close": 16.148328, "volume": 664, "typical_volume": 1793.75, "trend": 17.186843, "fair_value": 16.766902, "relative_strength": -9.0559, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.48777, "energy": 85.807462, "activity_lines": [ 16.527087, 16.707443, 16.889737, 17.022202 ] }, { "date": "2023-10-13", "close": 17.010441, "volume": 1867, "typical_volume": 1862.55, "trend": 17.173814, "fair_value": 16.76929, "relative_strength": -4.453419, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.028977, "energy": 64.420592, "activity_lines": [ 16.641276, 16.742612, 16.890335, 17.010821 ] }, { "date": "2023-10-20", "close": 17.446016, "volume": 11039, "typical_volume": 2374.25, "trend": 17.177596, "fair_value": 16.77586, "relative_strength": 0.38129, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -15.588776, "energy": 18.863257, "activity_lines": [ 16.892467, 16.860036, 16.933152, 17.028383 ] }, { "date": "2023-10-27", "close": 17.748025, "volume": 2225, "typical_volume": 2462.85, "trend": 17.189099, "fair_value": 16.785208, "relative_strength": 4.575009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 34.566454, "energy": 28.958863, "activity_lines": [ 17.212066, 17.023756, 17.003681, 17.065185 ] }, { "date": "2023-11-03", "close": 17.655153, "volume": 1771, "typical_volume": 2453.9, "trend": 17.188456, "fair_value": 16.793493, "relative_strength": -1.676328, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.843119, "energy": 43.175717, "activity_lines": [ 17.451675, 17.150823, 17.063378, 17.095253 ] }, { "date": "2023-11-10", "close": 17.160606, "volume": 3805, "typical_volume": 2566.85, "trend": 17.170076, "fair_value": 16.796956, "relative_strength": -5.612405, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.558176, "energy": 36.721617, "activity_lines": [ 17.438013, 17.17414, 17.074231, 17.093456 ] }, { "date": "2023-11-17", "close": 17.558849, "volume": 5802, "typical_volume": 2788.6, "trend": 17.172928, "fair_value": 16.804077, "relative_strength": -5.478716, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.068993, "energy": 49.165804, "activity_lines": [ 17.489613, 17.269211, 17.121969, 17.118538 ] }, { "date": "2023-11-24", "close": 17.762873, "volume": 2161, "typical_volume": 2841.0, "trend": 17.180122, "fair_value": 16.812954, "relative_strength": -5.242066, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.568016, "energy": 50.669884, "activity_lines": [ 17.572661, 17.389172, 17.18628, 17.156599 ] }, { "date": "2023-12-01", "close": 18.314923, "volume": 27400, "typical_volume": 4084.2, "trend": 17.197686, "fair_value": 16.826734, "relative_strength": -3.026019, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.805478, "energy": 63.179373, "activity_lines": [ 17.818601, 17.594946, 17.299645, 17.229812 ] }, { "date": "2023-12-08", "close": 17.782414, "volume": 1914, "typical_volume": 4153.5, "trend": 17.198303, "fair_value": 16.835422, "relative_strength": -5.892267, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.208491, "energy": 58.055301, "activity_lines": [ 17.849246, 17.680221, 17.357432, 17.267536 ] }, { "date": "2023-12-15", "close": 17.926485, "volume": 9739, "typical_volume": 4486.8, "trend": 17.214968, "fair_value": 16.845251, "relative_strength": -7.106702, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.227815, "energy": 60.711574, "activity_lines": [ 17.91943, 17.765261, 17.426936, 17.314516 ] }, { "date": "2023-12-22", "close": 18.289443, "volume": 3992, "typical_volume": 4347.8, "trend": 17.252449, "fair_value": 16.858146, "relative_strength": -5.849602, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.076089, "energy": 60.20707, "activity_lines": [ 18.059541, 17.883964, 17.528141, 17.383837 ] }, { "date": "2023-12-29", "close": 18.318564, "volume": 1519, "typical_volume": 4279.8, "trend": 17.288891, "fair_value": 16.87107, "relative_strength": -5.750729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.500406, "energy": 51.347012, "activity_lines": [ 18.160653, 17.984706, 17.626829, 17.452618 ] }, { "date": "2024-01-05", "close": 18.184375, "volume": 3137, "typical_volume": 4319.8, "trend": 17.31735, "fair_value": 16.88259, "relative_strength": -4.699582, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.62161, "energy": 47.994361, "activity_lines": [ 18.17999, 18.045187, 17.706327, 17.510391 ] }, { "date": "2024-01-12", "close": 18.195359, "volume": 2164, "typical_volume": 4304.05, "trend": 17.347562, "fair_value": 16.894006, "relative_strength": -6.093631, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.404023, "energy": 51.536352, "activity_lines": [ 18.211691, 18.09973, 17.779616, 17.567037 ] }, { "date": "2024-01-19", "close": 18.028797, "volume": 2411, "typical_volume": 4413.4, "trend": 17.383801, "fair_value": 16.903788, "relative_strength": -7.719979, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.03106, "energy": 41.713571, "activity_lines": [ 18.160341, 18.114168, 17.830847, 17.610988 ] }, { "date": "2024-01-26", "close": 17.956897, "volume": 1563, "typical_volume": 4462.95, "trend": 17.417074, "fair_value": 16.912789, "relative_strength": -8.717731, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.35848, "energy": 30.966382, "activity_lines": [ 18.078204, 18.099748, 17.870924, 17.647962 ] }, { "date": "2024-02-02", "close": 18.073743, "volume": 2657, "typical_volume": 4570.05, "trend": 17.452098, "fair_value": 16.922628, "relative_strength": -9.149274, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.59028, "energy": 26.321875, "activity_lines": [ 18.057186, 18.099335, 17.917038, 17.690328 ] }, { "date": "2024-02-09", "close": 17.997002, "volume": 5243, "typical_volume": 4754.8, "trend": 17.475535, "fair_value": 16.931656, "relative_strength": -10.496746, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.614305, "energy": 21.30772, "activity_lines": [ 18.026908, 18.079317, 17.950549, 17.725483 ] }, { "date": "2024-02-16", "close": 17.87358, "volume": 2732, "typical_volume": 4690.25, "trend": 17.492602, "fair_value": 16.939506, "relative_strength": -10.548709, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.183957, "energy": 18.177591, "activity_lines": [ 17.967982, 18.04264, 17.967618, 17.751163 ] }, { "date": "2024-02-23", "close": 18.095566, "volume": 1858, "typical_volume": 4749.95, "trend": 17.518309, "fair_value": 16.94906, "relative_strength": -10.634986, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.101921, "energy": 21.469081, "activity_lines": [ 18.004503, 18.044665, 17.998472, 17.790064 ] }, { "date": "2024-03-01", "close": 18.430352, "volume": 962, "typical_volume": 4704.7, "trend": 17.560029, "fair_value": 16.961202, "relative_strength": -9.599728, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.876996, "energy": 36.53908, "activity_lines": [ 18.148167, 18.104487, 18.051939, 17.848905 ] }, { "date": "2024-03-08", "close": 18.766222, "volume": 5845, "typical_volume": 4445.0, "trend": 17.619828, "fair_value": 16.975876, "relative_strength": -7.392975, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.287816, "energy": 65.940428, "activity_lines": [ 18.372225, 18.222814, 18.130631, 17.926724 ] }, { "date": "2024-03-15", "close": 18.856548, "volume": 3242, "typical_volume": 4495.85, "trend": 17.693021, "fair_value": 16.991043, "relative_strength": -6.518663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.112941, "energy": 82.353393, "activity_lines": [ 18.580226, 18.349425, 18.211639, 18.006513 ] }, { "date": "2024-03-22", "close": 18.821131, "volume": 1075, "typical_volume": 4461.05, "trend": 17.757244, "fair_value": 17.005684, "relative_strength": -8.360685, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.332143, "energy": 88.908178, "activity_lines": [ 18.719119, 18.457375, 18.283996, 18.079294 ] }, { "date": "2024-03-29", "close": 19.154681, "volume": 401, "typical_volume": 4290.85, "trend": 17.824914, "fair_value": 17.022739, "relative_strength": -6.772139, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.299793, "energy": 94.080179, "activity_lines": [ 18.906025, 18.614592, 18.382567, 18.169451 ] }, { "date": "2024-04-05", "close": 19.714792, "volume": 6011, "typical_volume": 4301.3, "trend": 17.919154, "fair_value": 17.043937, "relative_strength": -2.911765, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.762198, "energy": 97.312765, "activity_lines": [ 19.209026, 18.853178, 18.524986, 18.291379 ] }, { "date": "2024-04-12", "close": 19.766504, "volume": 5768, "typical_volume": 4481.65, "trend": 18.012634, "fair_value": 17.065207, "relative_strength": -0.975735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.788323, "energy": 95.885579, "activity_lines": [ 19.443636, 19.069204, 18.662064, 18.410563 ] }, { "date": "2024-04-19", "close": 19.874075, "volume": 3480, "typical_volume": 3285.65, "trend": 18.108019, "fair_value": 17.086981, "relative_strength": 2.863348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.587616, "energy": 94.592559, "activity_lines": [ 19.647417, 19.27401, 18.799845, 18.530656 ] }, { "date": "2024-04-26", "close": 19.957717, "volume": 2933, "typical_volume": 3336.6, "trend": 18.228982, "fair_value": 17.109063, "relative_strength": 0.809527, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.376803, "energy": 92.63325, "activity_lines": [ 19.811244, 19.459896, 18.938168, 18.649991 ] }, { "date": "2024-05-03", "close": 19.662497, "volume": 1992, "typical_volume": 2949.25, "trend": 18.346121, "fair_value": 17.128555, "relative_strength": -1.012206, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.285418, "energy": 84.302356, "activity_lines": [ 19.800892, 19.554212, 19.038016, 18.742476 ] }, { "date": "2024-05-10", "close": 20.184787, "volume": 3415, "typical_volume": 2920.4, "trend": 18.451933, "fair_value": 17.151709, "relative_strength": 0.00313, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.017673, "energy": 73.188559, "activity_lines": [ 19.930782, 19.715, 19.17934, 18.861099 ] }, { "date": "2024-05-17", "close": 20.653255, "volume": 848, "typical_volume": 2886.85, "trend": 18.55884, "fair_value": 17.178036, "relative_strength": 0.821492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.274977, "energy": 75.71706, "activity_lines": [ 20.185495, 19.929066, 19.356254, 19.00312 ] }, { "date": "2024-05-24", "close": 19.954299, "volume": 3576, "typical_volume": 2908.8, "trend": 18.632383, "fair_value": 17.198754, "relative_strength": -2.405693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.514885, "energy": 64.580055, "activity_lines": [ 20.148106, 19.981739, 19.455483, 19.09315 ] }, { "date": "2024-05-31", "close": 19.93197, "volume": 663, "typical_volume": 2833.75, "trend": 18.708277, "fair_value": 17.219, "relative_strength": -1.983638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.910583, "energy": 63.701664, "activity_lines": [ 20.097925, 20.010392, 19.544157, 19.176994 ] }, { "date": "2024-06-07", "close": 19.635804, "volume": 98300, "typical_volume": 7628.2, "trend": 18.790783, "fair_value": 17.236771, "relative_strength": -4.443881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.347062, "energy": 48.737069, "activity_lines": [ 19.95074, 19.965001, 19.596355, 19.236835 ] }, { "date": "2024-06-14", "close": 19.975173, "volume": 115393, "typical_volume": 13319.7, "trend": 18.871328, "fair_value": 17.256759, "relative_strength": -4.221099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.492498, "energy": 36.083246, "activity_lines": [ 19.918456, 19.972565, 19.673222, 19.313247 ] }, { "date": "2024-06-21", "close": 19.998582, "volume": 92098, "typical_volume": 17791.75, "trend": 18.945851, "fair_value": 17.276628, "relative_strength": -4.581858, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.49046, "energy": 32.469912, "activity_lines": [ 19.90795, 19.979651, 19.742708, 19.385973 ] }, { "date": "2024-06-28", "close": 19.949179, "volume": 9961, "typical_volume": 18027.65, "trend": 19.000326, "fair_value": 17.295855, "relative_strength": -4.664975, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.995756, "energy": 29.427281, "activity_lines": [ 19.924621, 19.973535, 19.798322, 19.450704 ] }, { "date": "2024-07-05", "close": 20.419282, "volume": 26049, "typical_volume": 19193.5, "trend": 19.088222, "fair_value": 17.318165, "relative_strength": -4.129529, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.588001, "energy": 47.798717, "activity_lines": [ 20.098335, 20.051527, 19.889412, 19.542249 ] }, { "date": "2024-07-12", "close": 20.697972, "volume": 22890, "typical_volume": 20245.1, "trend": 19.180605, "fair_value": 17.342135, "relative_strength": -3.649477, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.258401, "energy": 54.914973, "activity_lines": [ 20.332457, 20.171798, 19.994922, 19.646104 ] }, { "date": "2024-07-19", "close": 20.600697, "volume": 6190, "typical_volume": 20506.5, "trend": 19.257647, "fair_value": 17.365083, "relative_strength": -2.111597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.146699, "energy": 61.247061, "activity_lines": [ 20.463344, 20.255556, 20.078775, 19.737723 ] }, { "date": "2024-07-26", "close": 20.538596, "volume": 14132, "typical_volume": 20920.85, "trend": 19.331648, "fair_value": 17.387275, "relative_strength": -1.555295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.102572, "energy": 62.657354, "activity_lines": [ 20.531828, 20.32046, 20.146378, 19.820365 ] }, { "date": "2024-08-02", "close": 20.878074, "volume": 7944, "typical_volume": 21155.95, "trend": 19.421438, "fair_value": 17.411517, "relative_strength": 2.229199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.566239, "energy": 63.723663, "activity_lines": [ 20.677471, 20.449173, 20.237873, 19.920134 ] }, { "date": "2024-08-09", "close": 20.954697, "volume": 17476, "typical_volume": 21976.0, "trend": 19.513416, "fair_value": 17.435953, "relative_strength": 2.551267, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.368323, "energy": 56.268883, "activity_lines": [ 20.786729, 20.575021, 20.327039, 20.019054 ] }, { "date": "2024-08-16", "close": 21.426114, "volume": 13518, "typical_volume": 22631.85, "trend": 19.62666, "fair_value": 17.463282, "relative_strength": 0.827908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.272471, "energy": 70.941215, "activity_lines": [ 21.017431, 20.767986, 20.450943, 20.142454 ] }, { "date": "2024-08-23", "close": 21.57491, "volume": 7080, "typical_volume": 22685.3, "trend": 19.74726, "fair_value": 17.491253, "relative_strength": 0.143779, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.499241, "energy": 86.123527, "activity_lines": [ 21.249189, 20.955454, 20.5782, 20.268148 ] }, { "date": "2024-08-30", "close": 21.561774, "volume": 15234, "typical_volume": 23158.6, "trend": 19.863528, "fair_value": 17.518756, "relative_strength": -0.180566, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.732352, "energy": 78.606854, "activity_lines": [ 21.411621, 21.111447, 20.695349, 20.385213 ] }, { "date": "2024-09-06", "close": 21.514633, "volume": 15026, "typical_volume": 23735.9, "trend": 19.980782, "fair_value": 17.545574, "relative_strength": 3.827884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.413095, "energy": 75.698916, "activity_lines": [ 21.490128, 21.230448, 20.79946, 20.491736 ] }, { "date": "2024-09-13", "close": 22.246788, "volume": 25389, "typical_volume": 24858.7, "trend": 20.126556, "fair_value": 17.576916, "relative_strength": 3.177417, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.743914, "energy": 79.374733, "activity_lines": [ 21.770249, 21.454105, 20.965487, 20.63793 ] }, { "date": "2024-09-20", "close": 22.58021, "volume": 10432, "typical_volume": 25280.7, "trend": 20.276044, "fair_value": 17.61005, "relative_strength": 3.273393, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.409712, "energy": 74.429943, "activity_lines": [ 22.075371, 21.705156, 21.152369, 20.79623 ] }, { "date": "2024-09-27", "close": 22.836336, "volume": 16329, "typical_volume": 25926.4, "trend": 20.42291, "fair_value": 17.644433, "relative_strength": 3.791735, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.448734, "energy": 87.878063, "activity_lines": [ 22.388928, 21.968554, 21.349749, 20.96141 ] }, { "date": "2024-10-04", "close": 22.897791, "volume": 9575, "typical_volume": 26362.75, "trend": 20.560629, "fair_value": 17.678769, "relative_strength": 3.700527, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.873971, "energy": 88.885204, "activity_lines": [ 22.638876, 22.202477, 21.540356, 21.12108 ] }, { "date": "2024-10-11", "close": 22.861795, "volume": 22621, "typical_volume": 27315.0, "trend": 20.694137, "fair_value": 17.712425, "relative_strength": 2.384563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.743446, "energy": 84.603451, "activity_lines": [ 22.787757, 22.386961, 21.716847, 21.269542 ] }, { "date": "2024-10-18", "close": 23.466731, "volume": 12786, "typical_volume": 27921.15, "trend": 20.84899, "fair_value": 17.74955, "relative_strength": 4.288847, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.380744, "energy": 86.477534, "activity_lines": [ 23.048473, 22.645366, 21.937105, 21.448419 ] }, { "date": "2024-10-25", "close": 23.620561, "volume": 33148, "typical_volume": 24663.55, "trend": 20.997853, "fair_value": 17.787184, "relative_strength": 6.138221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.036724, "energy": 81.628618, "activity_lines": [ 23.279135, 22.886067, 22.155182, 21.62723 ] }, { "date": "2024-11-01", "close": 23.528263, "volume": 11910, "typical_volume": 19489.4, "trend": 21.124969, "fair_value": 17.832822, "relative_strength": 7.202675, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.348592, "energy": 74.477458, "activity_lines": [ 23.409676, 23.070087, 22.345493, 21.790483 ] }, { "date": "2024-11-08", "close": 23.1773, "volume": 42025, "typical_volume": 16985.75, "trend": 21.238662, "fair_value": 17.873852, "relative_strength": 0.847374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.659843, "energy": 64.917481, "activity_lines": [ 23.377099, 23.15478, 22.48546, 21.922891 ] }, { "date": "2024-11-15", "close": 22.12272, "volume": 36349, "typical_volume": 18305.15, "trend": 21.313617, "fair_value": 17.908494, "relative_strength": -1.612646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.446346, "energy": 45.274379, "activity_lines": [ 22.974363, 23.018358, 22.509854, 21.979927 ] }, { "date": "2024-11-22", "close": 23.33213, "volume": 19780, "typical_volume": 17991.7, "trend": 21.426097, "fair_value": 17.954469, "relative_strength": 2.083902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.690744, "energy": 39.760309, "activity_lines": [ 23.024034, 23.090772, 22.639079, 22.110154 ] }, { "date": "2024-11-29", "close": 22.966015, "volume": 12862, "typical_volume": 17490.3, "trend": 21.536215, "fair_value": 17.99847, "relative_strength": -0.5764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.2959, "energy": 29.25779, "activity_lines": [ 22.960641, 23.076887, 22.719566, 22.209503 ] }, { "date": "2024-12-06", "close": 22.764729, "volume": 15297, "typical_volume": 17945.65, "trend": 21.622213, "fair_value": 18.041388, "relative_strength": -2.216749, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.765061, "energy": 22.861003, "activity_lines": [ 22.873789, 23.01939, 22.770082, 22.288762 ] }, { "date": "2024-12-13", "close": 22.893638, "volume": 14710, "typical_volume": 17974.55, "trend": 21.696892, "fair_value": 18.083784, "relative_strength": -1.043984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.405511, "energy": 26.403677, "activity_lines": [ 22.880809, 22.986632, 22.822571, 22.37079 ] }, { "date": "2024-12-20", "close": 22.686429, "volume": 59431, "typical_volume": 20548.9, "trend": 21.787963, "fair_value": 18.124626, "relative_strength": -0.068757, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.573628, "energy": 19.449878, "activity_lines": [ 22.83767, 22.916276, 22.844111, 22.434631 ] }, { "date": "2024-12-27", "close": 22.737734, "volume": 25950, "typical_volume": 20972.6, "trend": 21.881489, "fair_value": 18.164341, "relative_strength": -0.451628, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.738492, "energy": 12.551038, "activity_lines": [ 22.774052, 22.858437, 22.861925, 22.495906 ] }, { "date": "2025-01-03", "close": 22.905137, "volume": 8864, "typical_volume": 20739.9, "trend": 21.990466, "fair_value": 18.207286, "relative_strength": 0.833306, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.066667, "energy": 13.438139, "activity_lines": [ 22.805861, 22.844288, 22.887193, 22.561948 ] }, { "date": "2025-01-10", "close": 23.321312, "volume": 23818, "typical_volume": 21576.8, "trend": 22.102004, "fair_value": 18.251141, "relative_strength": 4.612789, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.739268, "energy": 24.14634, "activity_lines": [ 22.980454, 22.918816, 22.945053, 22.647809 ] }, { "date": "2025-01-17", "close": 23.506995, "volume": 12237, "typical_volume": 21426.95, "trend": 22.218951, "fair_value": 18.295026, "relative_strength": 2.353877, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.622499, "energy": 34.935164, "activity_lines": [ 23.179835, 23.030867, 23.012281, 22.738454 ] }, { "date": "2025-01-24", "close": 23.93196, "volume": 11365, "typical_volume": 21243.9, "trend": 22.351711, "fair_value": 18.344847, "relative_strength": 2.318479, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.535697, "energy": 58.707551, "activity_lines": [ 23.479982, 23.21419, 23.110719, 22.848971 ] }, { "date": "2025-01-31", "close": 24.116554, "volume": 16560, "typical_volume": 20802.45, "trend": 22.474953, "fair_value": 18.395188, "relative_strength": 4.003124, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.022672, "energy": 68.240628, "activity_lines": [ 23.758624, 23.39818, 23.215226, 22.962831 ] }, { "date": "2025-02-07", "close": 24.587881, "volume": 17861, "typical_volume": 21173.9, "trend": 22.604617, "fair_value": 18.445486, "relative_strength": 5.979893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.927435, "energy": 78.143939, "activity_lines": [ 24.102454, 23.653604, 23.355718, 23.099149 ] }, { "date": "2025-02-14", "close": 24.794568, "volume": 11678, "typical_volume": 20941.35, "trend": 22.744412, "fair_value": 18.494955, "relative_strength": 5.073892, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.364927, "energy": 83.366445, "activity_lines": [ 24.402996, 23.917119, 23.506334, 23.240436 ] }, { "date": "2025-02-21", "close": 25.133808, "volume": 12268, "typical_volume": 21076.0, "trend": 22.897586, "fair_value": 18.546198, "relative_strength": 7.932931, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.175944, "energy": 85.080749, "activity_lines": [ 24.718402, 24.205407, 23.679933, 23.394591 ] }, { "date": "2025-02-28", "close": 24.629499, "volume": 22120, "typical_volume": 21050.95, "trend": 23.022634, "fair_value": 18.591234, "relative_strength": 6.525855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.640963, "energy": 76.463216, "activity_lines": [ 24.75725, 24.361273, 23.794856, 23.506327 ] }, { "date": "2025-03-07", "close": 25.121129, "volume": 26163, "typical_volume": 21719.8, "trend": 23.161515, "fair_value": 18.637226, "relative_strength": 11.739485, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.407015, "energy": 70.763624, "activity_lines": [ 24.913472, 24.571198, 23.948182, 23.641714 ] }, { "date": "2025-03-14", "close": 25.826058, "volume": 35514, "typical_volume": 21838.1, "trend": 23.30818, "fair_value": 18.690106, "relative_strength": 17.058169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.742554, "energy": 76.626849, "activity_lines": [ 25.237699, 24.865956, 24.160767, 23.81362 ] }, { "date": "2025-03-21", "close": 26.19407, "volume": 11273, "typical_volume": 21806.25, "trend": 23.462152, "fair_value": 18.743723, "relative_strength": 17.556924, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.798553, "energy": 84.059815, "activity_lines": [ 25.602052, 25.174519, 24.397898, 23.999807 ] }, { "date": "2025-03-28", "close": 26.545825, "volume": 12035, "typical_volume": 20306.75, "trend": 23.628287, "fair_value": 18.800443, "relative_strength": 20.293543, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.330829, "energy": 90.265823, "activity_lines": [ 25.990356, 25.494805, 24.655836, 24.198753 ] }, { "date": "2025-04-04", "close": 26.256604, "volume": 54709, "typical_volume": 21224.75, "trend": 23.786352, "fair_value": 18.855526, "relative_strength": 29.99945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.889939, "energy": 81.685355, "activity_lines": [ 26.188118, 25.707254, 24.870187, 24.368322 ] }, { "date": "2025-04-11", "close": 27.093001, "volume": 35862, "typical_volume": 22028.85, "trend": 23.947893, "fair_value": 18.912901, "relative_strength": 26.238462, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.628142, "energy": 81.516452, "activity_lines": [ 26.556206, 26.029508, 25.144511, 24.581654 ] }, { "date": "2025-04-18", "close": 27.358772, "volume": 22541, "typical_volume": 22512.8, "trend": 24.107178, "fair_value": 18.97477, "relative_strength": 28.603409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.441736, "energy": 75.68734, "activity_lines": [ 26.881426, 26.345968, 25.426237, 24.801711 ] }, { "date": "2025-04-25", "close": 27.343138, "volume": 53312, "typical_volume": 24413.55, "trend": 24.257405, "fair_value": 19.039422, "relative_strength": 22.298502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.448095, "energy": 67.884155, "activity_lines": [ 27.099254, 26.609205, 25.685557, 25.010483 ] }, { "date": "2025-05-02", "close": 26.709978, "volume": 41922, "typical_volume": 25774.15, "trend": 24.384478, "fair_value": 19.100714, "relative_strength": 15.620541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.81164, "energy": 60.735074, "activity_lines": [ 27.029424, 26.710985, 25.862773, 25.168713 ] }, { "date": "2025-05-09", "close": 27.507291, "volume": 37980, "typical_volume": 24701.6, "trend": 24.539328, "fair_value": 19.170472, "relative_strength": 19.04913, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.511122, "energy": 59.580344, "activity_lines": [ 27.214422, 26.929073, 26.097751, 25.370185 ] }, { "date": "2025-05-16", "close": 26.420756, "volume": 59340, "typical_volume": 26371.1, "trend": 24.637795, "fair_value": 19.231918, "relative_strength": 8.348066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.527281, "energy": 45.593326, "activity_lines": [ 26.953862, 26.897285, 26.206293, 25.491567 ] }, { "date": "2025-05-23", "close": 27.819962, "volume": 47578, "typical_volume": 28306.8, "trend": 24.777775, "fair_value": 19.301692, "relative_strength": 16.519803, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.462033, "energy": 50.491861, "activity_lines": [ 27.20452, 27.096269, 26.430554, 25.696869 ] }, { "date": "2025-05-30", "close": 27.298348, "volume": 51612, "typical_volume": 29696.5, "trend": 24.903445, "fair_value": 19.367418, "relative_strength": 11.921088, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.467941, "energy": 45.980256, "activity_lines": [ 27.250561, 27.164162, 26.581734, 25.859486 ] }, { "date": "2025-06-06", "close": 27.569825, "volume": 14952, "typical_volume": 29832.25, "trend": 25.049862, "fair_value": 19.435112, "relative_strength": 10.742921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.448461, "energy": 44.883392, "activity_lines": [ 27.39008, 27.261336, 26.739831, 26.031511 ] }, { "date": "2025-06-13", "close": 28.413257, "volume": 14740, "typical_volume": 30001.0, "trend": 25.259547, "fair_value": 19.507476, "relative_strength": 13.99523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.372812, "energy": 59.10283, "activity_lines": [ 27.753421, 27.493243, 26.958908, 26.248504 ] }, { "date": "2025-06-20", "close": 27.914858, "volume": 14839, "typical_volume": 29914.95, "trend": 25.412304, "fair_value": 19.578675, "relative_strength": 11.673782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.284734, "energy": 49.469135, "activity_lines": [ 27.89023, 27.59532, 27.109178, 26.419814 ] }, { "date": "2025-06-27", "close": 27.100812, "volume": 20904, "typical_volume": 30067.1, "trend": 25.550131, "fair_value": 19.646433, "relative_strength": 4.447418, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.591736, "energy": 42.126952, "activity_lines": [ 27.656084, 27.534447, 27.163834, 26.52875 ] }, { "date": "2025-07-04", "close": 27.71115, "volume": 16439, "typical_volume": 30305.15, "trend": 25.715012, "fair_value": 19.721855, "relative_strength": 4.682461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.844157, "energy": 41.138824, "activity_lines": [ 27.673327, 27.589233, 27.26465, 26.668171 ] }, { "date": "2025-07-11", "close": 27.961559, "volume": 18578, "typical_volume": 30620.65, "trend": 25.883942, "fair_value": 19.800925, "relative_strength": 5.564054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.719706, "energy": 38.84929, "activity_lines": [ 27.74652, 27.682858, 27.375426, 26.813109 ] }, { "date": "2025-07-18", "close": 27.816503, "volume": 20058, "typical_volume": 30517.55, "trend": 26.054945, "fair_value": 19.878356, "relative_strength": 4.055431, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.464725, "energy": 33.967079, "activity_lines": [ 27.745246, 27.727353, 27.458922, 26.937791 ] }, { "date": "2025-07-25", "close": 27.627575, "volume": 35488, "typical_volume": 30983.8, "trend": 26.217939, "fair_value": 19.952387, "relative_strength": 1.567241, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.915159, "energy": 30.070798, "activity_lines": [ 27.720778, 27.731875, 27.509249, 27.039251 ] }, { "date": "2025-08-01", "close": 27.955977, "volume": 31103, "typical_volume": 30763.25, "trend": 26.386301, "fair_value": 20.026935, "relative_strength": 5.066121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.481372, "energy": 34.933411, "activity_lines": [ 27.824931, 27.774164, 27.578917, 27.151382 ] }, { "date": "2025-08-08", "close": 28.307651, "volume": 27493, "typical_volume": 31574.25, "trend": 26.552512, "fair_value": 20.102826, "relative_strength": 3.591327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.508873, "energy": 39.820713, "activity_lines": [ 27.989297, 27.877922, 27.671935, 27.27534 ] }, { "date": "2025-08-15", "close": 27.682846, "volume": 24909, "typical_volume": 32217.95, "trend": 26.691707, "fair_value": 20.176753, "relative_strength": 0.144621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.521701, "energy": 32.781273, "activity_lines": [ 27.905628, 27.849727, 27.695383, 27.348265 ] }, { "date": "2025-08-22", "close": 27.965176, "volume": 12135, "typical_volume": 30089.25, "trend": 26.826148, "fair_value": 20.252583, "relative_strength": 0.670987, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.90337, "energy": 34.308062, "activity_lines": [ 27.93465, 27.87081, 27.740305, 27.430424 ] }, { "date": "2025-08-29", "close": 28.698557, "volume": 10889, "typical_volume": 28840.6, "trend": 26.978881, "fair_value": 20.335882, "relative_strength": 3.087284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.477277, "energy": 50.162157, "activity_lines": [ 28.19822, 28.033382, 27.846937, 27.551225 ] }, { "date": "2025-09-05", "close": 29.471956, "volume": 27201, "typical_volume": 29073.6, "trend": 27.141684, "fair_value": 20.423675, "relative_strength": 5.262121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.302778, "energy": 69.395628, "activity_lines": [ 28.648192, 28.322323, 28.01958, 27.712068 ] }, { "date": "2025-09-12", "close": 29.73463, "volume": 23673, "typical_volume": 27591.65, "trend": 27.306352, "fair_value": 20.515218, "relative_strength": 4.318381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.774407, "energy": 85.994128, "activity_lines": [ 29.084656, 28.615911, 28.207177, 27.879355 ] }, { "date": "2025-09-19", "close": 29.911528, "volume": 159476, "typical_volume": 33469.35, "trend": 27.46561, "fair_value": 20.60875, "relative_strength": 3.43657, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.555844, "energy": 90.968545, "activity_lines": [ 29.484955, 28.904872, 28.400234, 28.047431 ] }, { "date": "2025-09-26", "close": 29.994078, "volume": 29361, "typical_volume": 33038.4, "trend": 27.644429, "fair_value": 20.702434, "relative_strength": 3.793294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.345115, "energy": 91.615601, "activity_lines": [ 29.764191, 29.173388, 28.585907, 28.210558 ] }, { "date": "2025-10-03", "close": 30.927354, "volume": 17247, "typical_volume": 30933.75, "trend": 27.83797, "fair_value": 20.80045, "relative_strength": 5.572816, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.491637, "energy": 96.329955, "activity_lines": [ 30.219259, 29.571999, 28.848622, 28.42236 ] }, { "date": "2025-10-10", "close": 31.570962, "volume": 21534, "typical_volume": 29631.55, "trend": 28.029467, "fair_value": 20.904609, "relative_strength": 10.034543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.610996, "energy": 97.283128, "activity_lines": [ 30.740276, 30.027632, 29.151172, 28.663198 ] }, { "date": "2025-10-17", "close": 32.029813, "volume": 18296, "typical_volume": 27965.75, "trend": 28.223991, "fair_value": 21.012638, "relative_strength": 9.360467, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.128196, "energy": 96.883845, "activity_lines": [ 31.274311, 30.500967, 29.479561, 28.921285 ] }, { "date": "2025-10-24", "close": 32.089106, "volume": 86909, "typical_volume": 31563.6, "trend": 28.408767, "fair_value": 21.120182, "relative_strength": 7.197449, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.695998, "energy": 94.400504, "activity_lines": [ 31.675097, 30.917406, 29.791066, 29.170647 ] }, { "date": "2025-10-31", "close": 31.956131, "volume": 35765, "typical_volume": 32614.85, "trend": 28.598752, "fair_value": 21.226407, "relative_strength": 5.763361, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.58167, "energy": 89.770206, "activity_lines": [ 31.886386, 31.229554, 30.068387, 29.399509 ] }, { "date": "2025-11-07", "close": 32.137568, "volume": 12561, "typical_volume": 32500.95, "trend": 28.766904, "fair_value": 21.328634, "relative_strength": 7.715877, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.655455, "energy": 78.791937, "activity_lines": [ 32.027351, 31.502128, 30.346116, 29.62782 ] }, { "date": "2025-11-14", "close": 32.603376, "volume": 46871, "typical_volume": 33799.3, "trend": 28.941724, "fair_value": 21.433247, "relative_strength": 8.63724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.988741, "energy": 72.167493, "activity_lines": [ 32.242905, 31.796867, 30.6481, 29.875334 ] }, { "date": "2025-11-21", "close": 32.565744, "volume": 61519, "typical_volume": 36053.3, "trend": 29.115811, "fair_value": 21.538049, "relative_strength": 10.172894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.107241, "energy": 69.319542, "activity_lines": [ 32.377086, 32.027829, 30.920297, 30.109142 ] }, { "date": "2025-11-28", "close": 33.639031, "volume": 23417, "typical_volume": 36295.25, "trend": 29.346779, "fair_value": 21.646733, "relative_strength": 9.24854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.135759, "energy": 75.03976, "activity_lines": [ 32.833302, 32.402459, 31.271594, 30.400963 ] }, { "date": "2025-12-05", "close": 33.76165, "volume": 10463, "typical_volume": 35815.5, "trend": 29.555258, "fair_value": 21.757205, "relative_strength": 8.753059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.576854, "energy": 74.034915, "activity_lines": [ 33.227062, 32.73161, 31.607535, 30.685793 ] }, { "date": "2025-12-12", "close": 34.46716, "volume": 6743, "typical_volume": 34378.25, "trend": 29.823471, "fair_value": 21.872044, "relative_strength": 11.089644, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.204063, "energy": 86.651796, "activity_lines": [ 33.735624, 33.120535, 31.982356, 31.00269 ] }, { "date": "2025-12-19", "close": 34.912255, "volume": 15708, "typical_volume": 33608.5, "trend": 30.059881, "fair_value": 21.989276, "relative_strength": 11.801028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.907024, "energy": 93.076504, "activity_lines": [ 34.237245, 33.526026, 32.366998, 31.330999 ] }, { "date": "2025-12-26", "close": 35.855984, "volume": 59385, "typical_volume": 35203.1, "trend": 30.345136, "fair_value": 22.110861, "relative_strength": 12.579746, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.131691, "energy": 91.845235, "activity_lines": [ 34.899517, 34.042354, 32.808394, 31.704941 ] }, { "date": "2026-01-02", "close": 34.348086, "volume": 37527, "typical_volume": 35834.0, "trend": 30.571078, "fair_value": 22.221392, "relative_strength": 8.469202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.085947, "energy": 67.815089, "activity_lines": [ 34.839807, 34.214951, 33.070236, 31.963196 ] }, { "date": "2026-01-09", "close": 35.768202, "volume": 21962, "typical_volume": 36325.35, "trend": 30.816243, "fair_value": 22.337549, "relative_strength": 10.679973, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.158528, "energy": 72.084694, "activity_lines": [ 35.206198, 34.604679, 33.435588, 32.298494 ] }, { "date": "2026-01-16", "close": 36.351276, "volume": 52022, "typical_volume": 38382.0, "trend": 31.097457, "fair_value": 22.457569, "relative_strength": 12.284446, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.692721, "energy": 72.808183, "activity_lines": [ 35.633178, 35.03111, 33.819313, 32.655593 ] }, { "date": "2026-01-23", "close": 39.088025, "volume": 29416, "typical_volume": 38492.75, "trend": 31.49703, "fair_value": 22.595492, "relative_strength": 20.328693, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.41271, "energy": 77.056358, "activity_lines": [ 36.846799, 35.878519, 34.42724, 33.171113 ] }, { "date": "2026-01-30", "close": 37.485236, "volume": 67022, "typical_volume": 40660.2, "trend": 31.822833, "fair_value": 22.724704, "relative_strength": 14.302063, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.146586, "energy": 67.861483, "activity_lines": [ 37.247773, 36.316609, 34.836729, 33.557449 ] }, { "date": "2026-02-06", "close": 38.680514, "volume": 49585, "typical_volume": 35165.65, "trend": 32.180132, "fair_value": 22.863606, "relative_strength": 17.481254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.041335, "energy": 70.396753, "activity_lines": [ 37.938556, 36.882577, 35.323147, 33.99988 ] }, { "date": "2026-02-13", "close": 39.313849, "volume": 21090, "typical_volume": 34752.1, "trend": 32.563377, "fair_value": 23.007954, "relative_strength": 20.157509, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.84546, "energy": 71.378075, "activity_lines": [ 38.551622, 37.472033, 35.828125, 34.46012 ] }, { "date": "2026-02-20", "close": 39.760955, "volume": 11217, "typical_volume": 34450.6, "trend": 32.967823, "fair_value": 23.156768, "relative_strength": 19.438621, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.899744, "energy": 69.629611, "activity_lines": [ 39.077347, 38.041832, 36.331305, 34.92448 ] }, { "date": "2026-02-27", "close": 41.373125, "volume": 19684, "typical_volume": 34358.1, "trend": 33.415061, "fair_value": 23.314512, "relative_strength": 23.997244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.615172, "energy": 78.782467, "activity_lines": [ 39.91315, 38.808503, 36.94596, 35.466758 ] }, { "date": "2026-03-06", "close": 40.53401, "volume": 45044, "typical_volume": 35695.5, "trend": 33.822606, "fair_value": 23.465627, "relative_strength": 23.154766, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.170692, "energy": 67.234066, "activity_lines": [ 40.316908, 39.305136, 37.434022, 35.926045 ] }, { "date": "2026-03-13", "close": 39.477268, "volume": 40019, "typical_volume": 33351.0, "trend": 34.215753, "fair_value": 23.60714, "relative_strength": 21.144024, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.940777, "energy": 61.455168, "activity_lines": [ 40.165168, 39.52458, 37.780947, 36.290861 ] }, { "date": "2026-03-20", "close": 35.462199, "volume": 23354, "typical_volume": 32730.45, "trend": 34.465654, "fair_value": 23.723356, "relative_strength": 10.486415, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 37.130512, "energy": 33.581797, "activity_lines": [ 38.621953, 38.920753, 37.710302, 36.371277 ] }, { "date": "2026-03-27", "close": 35.305572, "volume": 72301, "typical_volume": 35717.45, "trend": 34.685888, "fair_value": 23.838116, "relative_strength": 12.189573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.618759, "energy": 19.05186, "activity_lines": [ 37.283307, 38.294012, 37.608044, 36.425466 ] }, { "date": "2026-04-03", "close": 36.605833, "volume": 56332, "typical_volume": 36190.5, "trend": 34.923684, "fair_value": 23.959471, "relative_strength": 12.323767, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.745796, "energy": 25.345448, "activity_lines": [ 36.675106, 37.922696, 37.614535, 36.549333 ] }, { "date": "2026-04-10", "close": 37.494577, "volume": 7978, "typical_volume": 33513.45, "trend": 35.182349, "fair_value": 24.086283, "relative_strength": 10.884048, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.093927, "energy": 24.700611, "activity_lines": [ 36.680973, 37.758099, 37.686609, 36.715197 ] }, { "date": "2026-04-17", "close": 38.282078, "volume": 27471, "typical_volume": 33716.15, "trend": 35.461367, "fair_value": 24.219672, "relative_strength": 8.265813, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.059153, "energy": 16.300157, "activity_lines": [ 37.151969, 37.736515, 37.810213, 36.91518 ] }, { "date": "2026-04-24", "close": 37.217353, "volume": 38628, "typical_volume": 35124.4, "trend": 35.702143, "fair_value": 24.345764, "relative_strength": 4.617543, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.978527, "energy": 9.274552, "activity_lines": [ 37.347736, 37.528589, 37.810304, 37.028469 ] }, { "date": "2026-05-01", "close": 36.395012, "volume": 20755, "typical_volume": 35825.0, "trend": 35.884398, "fair_value": 24.46504, "relative_strength": 1.242607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.475624, "energy": 6.897648, "activity_lines": [ 37.15238, 37.209265, 37.715622, 37.07317 ] }, { "date": "2026-05-08", "close": 37.191447, "volume": 12918, "typical_volume": 35685.5, "trend": 36.071748, "fair_value": 24.589575, "relative_strength": 1.034307, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.71306, "energy": 12.307716, "activity_lines": [ 37.149872, 37.095946, 37.68761, 37.157496 ] }, { "date": "2026-05-15", "close": 35.951434, "volume": 18721, "typical_volume": 33652.3, "trend": 36.202469, "fair_value": 24.708324, "relative_strength": -2.676492, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 0.089525, "energy": 11.231381, "activity_lines": [ 36.694985, 36.8332, 37.530649, 37.149734 ] }, { "date": "2026-05-22", "close": 35.597982, "volume": 22417, "typical_volume": 32896.8, "trend": 36.319431, "fair_value": 24.826485, "relative_strength": -4.438291, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -22.246349, "energy": 32.433821, "activity_lines": [ 36.225158, 36.58951, 37.339571, 37.110735 ] }, { "date": "2026-05-29", "close": 35.803939, "volume": 6903, "typical_volume": 32143.85, "trend": 36.447691, "fair_value": 24.945578, "relative_strength": -5.28026, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.351645, "energy": 34.007393, "activity_lines": [ 36.002922, 36.453799, 37.162155, 37.077477 ] }, { "date": "2026-06-05", "close": 34.248687, "volume": 12344, "typical_volume": 30159.95, "trend": 36.518062, "fair_value": 25.054028, "relative_strength": -7.065362, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -46.368698, "energy": 55.610487, "activity_lines": [ 35.356497, 36.029102, 36.836451, 36.935606 ] }, { "date": "2026-06-12", "close": 33.338008, "volume": 33668, "typical_volume": 30372.55, "trend": 36.54255, "fair_value": 25.156906, "relative_strength": -9.938019, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.493397, "energy": 63.061923, "activity_lines": [ 34.5496, 35.458042, 36.434027, 36.730441 ] }, { "date": "2026-06-19", "close": 33.3925, "volume": 20679, "typical_volume": 28055.4, "trend": 36.570108, "fair_value": 25.26236, "relative_strength": -10.526054, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.991604, "energy": 78.878805, "activity_lines": [ 34.017764, 34.956306, 36.064175, 36.527212 ] }, { "date": "2026-06-26", "close": 32.1811, "volume": 13611, "typical_volume": 26256.7, "trend": 36.521511, "fair_value": 25.35994, "relative_strength": -11.658296, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.387198, "energy": 88.669205, "activity_lines": [ 33.252722, 34.308898, 35.59844, 36.24405 ] }, { "date": "2026-07-03", "close": 32.671, "volume": 7526, "typical_volume": 25578.5, "trend": 36.485156, "fair_value": 25.460247, "relative_strength": -12.183223, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.817852, "energy": 86.559154, "activity_lines": [ 32.878774, 33.861489, 35.210311, 35.99563 ] }, { "date": "2026-07-10", "close": 32.5397, "volume": 5091, "typical_volume": 25272.2, "trend": 36.420907, "fair_value": 25.557977, "relative_strength": -13.640196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.286873, "energy": 85.070347, "activity_lines": [ 32.669921, 33.472869, 34.841311, 35.741085 ] }, { "date": "2026-07-17", "close": 31.8472, "volume": 14030, "typical_volume": 24989.5, "trend": 36.318738, "fair_value": 25.650833, "relative_strength": -14.087065, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.360369, "energy": 85.673647, "activity_lines": [ 32.344167, 33.028436, 34.440745, 35.446007 ] }, { "date": "2026-07-24", "close": 32.2307, "volume": 159021, "typical_volume": 30688.35, "trend": 36.197896, "fair_value": 25.746387, "relative_strength": -12.531869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.663673, "energy": 72.764845, "activity_lines": [ 32.245633, 32.750899, 34.122065, 35.182262 ] }, { "date": "2026-07-31", "close": 32.1259, "volume": 5500, "typical_volume": 28962.4, "trend": 36.123823, "fair_value": 25.842202, "relative_strength": -13.679791, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.168321, "energy": 62.289845, "activity_lines": [ 32.18962, 32.521957, 33.832943, 34.919553 ] }, { "date": "2026-08-07", "close": 33.9802, "volume": 20977, "typical_volume": 28843.55, "trend": 36.064223, "fair_value": 25.951227, "relative_strength": -11.761356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -53.232394, "energy": 46.999013, "activity_lines": [ 32.755387, 32.693289, 33.755428, 34.781255 ] } ], "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." } } }