{ "ticker": { "uuid": "667b9d6e-8892-4f2b-a6a4-de424caa8141", "symbol": "EUSA", "name": "ISHARES INC MSCI USA EQUAL WEIGHTED 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 95.021, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 84.137, "architecture_energy": 64.761, "architecture_maturity": 45.387, "architecture_confidence": 80.124, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 8.74, "rotation_up": 60.72, "upward_expansion": 83.62, "deceleration": 59.48, "rotation_down": 24.67, "downward_expansion": 10.29 }, "activity_lines": [ 115.481113, 114.760638, 112.867049, 110.887759 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.666667 }, "latest_close": 117.99, "trend_reference": 108.788591, "distance_from_trend": 0.084581, "trend_direction": "Improving", "fair_value": 93.542551, "distance_from_fair_value": 0.261351, "fair_value_direction": "Improving", "relative_strength": -0.558822, "relative_strength_direction": "Improving", "price_momentum": 0.10614, "excess_performance": -0.019485, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.084581, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.03632, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.261351, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.054143, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.005588, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.041973, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.10614, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.885259, "read": "Supply-led" } ], "volume": { "latest": 280225, "relative_activity": 0.996041, "balance": 0.885259, "dry_up": 1.763802, "accumulation_observations": 2, "distribution_observations": 3 }, "risk": { "range_context": 0.020639, "annualized_volatility": 0.115309, "from_high_reference": -0.001016, "from_low_reference": 0.211271 }, "levels": { "trend_reference": 108.788591, "fair_value_reference": 93.542551, "structural_low": 98.814533, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 34, "median_return": 0.014264, "positive_rate": 0.617647, "directional_follow_through": 0.617647, "median_excess_return": -0.003979, "regime_survival": 0.735294, "best_return": 0.057233, "worst_return": -0.048843, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.010083, "positive_rate": 0.615385, "directional_follow_through": 0.615385, "median_excess_return": -0.022705, "regime_survival": 0.538462, "best_return": 0.0886, "worst_return": -0.063667, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.06637, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.035736, "regime_survival": 0.75, "best_return": 0.10614, "worst_return": 0.018064, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.097168, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.05982, "regime_survival": 0.5, "best_return": 0.202582, "worst_return": -0.1343, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-31", "tenure": "Developing", "return": 0.031796, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-02-28", "tenure": "New", "return": -0.009611, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-21", "tenure": "New", "return": -0.016259, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.084953, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.111023, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-06-06", "tenure": "New", "return": 0.027522, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.042987, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-31", "tenure": "Established", "return": 0.025319, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": 0.02587, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-13", "tenure": "Established", "return": -0.010857, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": -0.010903, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.058508, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-24", "end": "2026-05-01", "tenure": "New", "return": 0.005913, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": 0.082255, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 74.005437, "volume": 161342, "typical_volume": 181614.15, "trend": 72.982784, "fair_value": 72.437634, "relative_strength": -4.151327, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.464898, "energy": 37.085172, "activity_lines": [ 75.781873, 75.873812, 74.508753, 73.621054 ] }, { "date": "2023-08-25", "close": 73.986356, "volume": 194261, "typical_volume": 185528.2, "trend": 72.97089, "fair_value": 72.542538, "relative_strength": -4.818781, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 37.640538, "energy": 24.203458, "activity_lines": [ 74.977293, 75.594149, 74.567786, 73.685801 ] }, { "date": "2023-09-01", "close": 76.121609, "volume": 346252, "typical_volume": 192675.55, "trend": 72.98726, "fair_value": 72.666564, "relative_strength": -4.401275, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.911656, "energy": 26.234445, "activity_lines": [ 75.131881, 75.709306, 74.814912, 73.889073 ] }, { "date": "2023-09-08", "close": 74.701892, "volume": 145009, "typical_volume": 185349.5, "trend": 73.004265, "fair_value": 72.788616, "relative_strength": -4.855287, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.081217, "energy": 23.837294, "activity_lines": [ 74.93356, 75.501144, 74.905287, 73.999695 ] }, { "date": "2023-09-15", "close": 74.47292, "volume": 379247, "typical_volume": 200418.75, "trend": 73.005119, "fair_value": 72.905796, "relative_strength": -4.894532, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.55032, "energy": 19.484797, "activity_lines": [ 74.767676, 75.260006, 74.959438, 74.094447 ] }, { "date": "2023-09-22", "close": 72.259531, "volume": 103678, "typical_volume": 203136.4, "trend": 73.005877, "fair_value": 73.016124, "relative_strength": -4.840943, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.535771, "energy": 10.941569, "activity_lines": [ 73.968306, 74.617531, 74.788468, 74.046344 ] }, { "date": "2023-09-29", "close": 72.070365, "volume": 270396, "typical_volume": 214008.4, "trend": 72.952607, "fair_value": 73.115855, "relative_strength": -4.327224, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.362934, "energy": 24.119218, "activity_lines": [ 73.222273, 74.020456, 74.59149, 73.985988 ] }, { "date": "2023-10-06", "close": 71.28565, "volume": 233692, "typical_volume": 219276.5, "trend": 73.030852, "fair_value": 73.194882, "relative_strength": -5.674856, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -33.922528, "energy": 50.314301, "activity_lines": [ 72.342402, 73.383019, 74.310604, 73.878443 ] }, { "date": "2023-10-13", "close": 71.370839, "volume": 251155, "typical_volume": 228499.7, "trend": 73.137494, "fair_value": 73.274925, "relative_strength": -5.851667, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.412439, "energy": 60.1136, "activity_lines": [ 71.813325, 72.881814, 74.036474, 73.771345 ] }, { "date": "2023-10-20", "close": 69.578902, "volume": 193858, "typical_volume": 235849.8, "trend": 73.166507, "fair_value": 73.341933, "relative_strength": -5.842076, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.10079, "energy": 67.615336, "activity_lines": [ 70.909005, 72.14503, 73.587017, 73.541759 ] }, { "date": "2023-10-27", "close": 67.729469, "volume": 276894, "typical_volume": 241249.25, "trend": 73.030258, "fair_value": 73.419937, "relative_strength": -5.844837, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -60.615207, "energy": 77.872442, "activity_lines": [ 69.714476, 71.189415, 72.972633, 73.190982 ] }, { "date": "2023-11-03", "close": 71.936209, "volume": 488038, "typical_volume": 257891.3, "trend": 73.068772, "fair_value": 73.499678, "relative_strength": -5.349486, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.717506, "energy": 53.377462, "activity_lines": [ 70.224197, 71.112771, 72.781688, 73.120398 ] }, { "date": "2023-11-10", "close": 71.495412, "volume": 252293, "typical_volume": 254273.45, "trend": 73.065342, "fair_value": 73.56087, "relative_strength": -6.982424, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.468573, "energy": 46.666064, "activity_lines": [ 70.59593, 70.993257, 72.560252, 73.018891 ] }, { "date": "2023-11-17", "close": 73.948545, "volume": 319974, "typical_volume": 245991.75, "trend": 73.141148, "fair_value": 73.634836, "relative_strength": -5.786334, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -31.289993, "energy": 22.116815, "activity_lines": [ 71.771389, 71.40388, 72.577403, 73.075872 ] }, { "date": "2023-11-24", "close": 74.791809, "volume": 517678, "typical_volume": 265890.55, "trend": 73.252035, "fair_value": 73.703569, "relative_strength": -5.47557, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.644014, "energy": 19.890495, "activity_lines": [ 73.05609, 71.981521, 72.68072, 73.182366 ] }, { "date": "2023-12-01", "close": 76.880805, "volume": 253888, "typical_volume": 267095.0, "trend": 73.462023, "fair_value": 73.778037, "relative_strength": -3.483103, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 27.155876, "energy": 34.751706, "activity_lines": [ 74.689595, 72.933181, 72.981758, 73.41648 ] }, { "date": "2023-12-08", "close": 76.976631, "volume": 305758, "typical_volume": 265902.5, "trend": 73.68978, "fair_value": 73.855341, "relative_strength": -3.438246, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 37.815986, "energy": 46.025151, "activity_lines": [ 75.744954, 73.818241, 73.290815, 73.643229 ] }, { "date": "2023-12-15", "close": 80.16762, "volume": 218642, "typical_volume": 261066.85, "trend": 73.995345, "fair_value": 73.945992, "relative_strength": -1.656636, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 59.962507, "energy": 75.606976, "activity_lines": [ 77.527947, 75.194276, 73.907208, 74.061155 ] }, { "date": "2023-12-22", "close": 80.924179, "volume": 209912, "typical_volume": 266833.1, "trend": 74.34645, "fair_value": 74.04188, "relative_strength": -1.500716, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.280873, "energy": 90.789693, "activity_lines": [ 78.984979, 76.546377, 74.584983, 74.508176 ] }, { "date": "2023-12-29", "close": 81.290003, "volume": 131762, "typical_volume": 262686.45, "trend": 74.658362, "fair_value": 74.137799, "relative_strength": -1.266637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.206887, "energy": 92.251569, "activity_lines": [ 80.098911, 77.791294, 75.275737, 74.956147 ] }, { "date": "2024-01-05", "close": 79.797825, "volume": 173092, "typical_volume": 263273.95, "trend": 74.901052, "fair_value": 74.212486, "relative_strength": -1.388456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.743091, "energy": 86.809687, "activity_lines": [ 80.282236, 78.551978, 75.799367, 75.287725 ] }, { "date": "2024-01-12", "close": 80.19253, "volume": 145479, "typical_volume": 260834.85, "trend": 75.09584, "fair_value": 74.291011, "relative_strength": -2.530167, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.880326, "energy": 82.686089, "activity_lines": [ 80.402662, 79.165, 76.333005, 75.629111 ] }, { "date": "2024-01-19", "close": 80.211784, "volume": 369179, "typical_volume": 261981.2, "trend": 75.351693, "fair_value": 74.366675, "relative_strength": -3.460094, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.68211, "energy": 69.387588, "activity_lines": [ 80.315113, 79.631409, 76.838924, 75.959172 ] }, { "date": "2024-01-26", "close": 81.049329, "volume": 204986, "typical_volume": 264980.05, "trend": 75.547405, "fair_value": 74.463477, "relative_strength": -3.235059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.24882, "energy": 61.588121, "activity_lines": [ 80.503802, 80.091619, 77.405131, 76.326761 ] }, { "date": "2024-02-02", "close": 81.626946, "volume": 256112, "typical_volume": 258823.3, "trend": 75.78386, "fair_value": 74.542999, "relative_strength": -3.686132, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.386588, "energy": 71.954992, "activity_lines": [ 80.876686, 80.527746, 77.996125, 76.71899 ] }, { "date": "2024-02-09", "close": 82.271952, "volume": 254269, "typical_volume": 266352.85, "trend": 75.97132, "fair_value": 74.616867, "relative_strength": -4.03158, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.458681, "energy": 76.768496, "activity_lines": [ 81.442109, 80.956871, 78.61448, 77.137577 ] }, { "date": "2024-02-16", "close": 82.762927, "volume": 828351, "typical_volume": 294250.6, "trend": 76.140164, "fair_value": 74.693836, "relative_strength": -2.914907, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.785075, "energy": 83.394584, "activity_lines": [ 82.006248, 81.377243, 79.231917, 77.575745 ] }, { "date": "2024-02-23", "close": 83.571591, "volume": 106172, "typical_volume": 287874.6, "trend": 76.328331, "fair_value": 74.78563, "relative_strength": -3.353284, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.730103, "energy": 85.050574, "activity_lines": [ 82.668583, 81.839439, 79.875452, 78.055192 ] }, { "date": "2024-03-01", "close": 84.784587, "volume": 130278, "typical_volume": 281830.75, "trend": 76.61004, "fair_value": 74.882449, "relative_strength": -2.689573, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.210576, "energy": 88.910468, "activity_lines": [ 83.511262, 82.46029, 80.576007, 78.600757 ] }, { "date": "2024-03-08", "close": 85.573997, "volume": 280478, "typical_volume": 286161.75, "trend": 76.927922, "fair_value": 74.968723, "relative_strength": -1.408793, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.020005, "energy": 88.216273, "activity_lines": [ 84.368061, 83.154481, 81.287868, 79.179076 ] }, { "date": "2024-03-15", "close": 84.977126, "volume": 184201, "typical_volume": 281527.1, "trend": 77.293645, "fair_value": 75.054017, "relative_strength": -1.921668, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.574129, "energy": 86.353292, "activity_lines": [ 84.762766, 83.662259, 81.866718, 79.69838 ] }, { "date": "2024-03-22", "close": 86.665563, "volume": 96912, "typical_volume": 261970.8, "trend": 77.716285, "fair_value": 75.145792, "relative_strength": -2.047518, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.328829, "energy": 90.020449, "activity_lines": [ 85.539938, 84.382857, 82.524239, 80.30302 ] }, { "date": "2024-03-29", "close": 87.892327, "volume": 77113, "typical_volume": 253211.8, "trend": 78.108642, "fair_value": 75.241297, "relative_strength": -0.902548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.987181, "energy": 86.173547, "activity_lines": [ 86.465856, 85.208811, 83.228455, 80.959539 ] }, { "date": "2024-04-05", "close": 86.491691, "volume": 83318, "typical_volume": 241379.0, "trend": 78.501635, "fair_value": 75.321091, "relative_strength": -1.512175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.670127, "energy": 67.975432, "activity_lines": [ 86.636847, 85.640457, 83.721197, 81.50038 ] }, { "date": "2024-04-12", "close": 84.231354, "volume": 154821, "typical_volume": 223236.15, "trend": 78.826917, "fair_value": 75.378542, "relative_strength": -2.53856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.704804, "energy": 62.371495, "activity_lines": [ 85.940584, 85.562182, 83.938939, 81.87004 ] }, { "date": "2024-04-19", "close": 82.531271, "volume": 238213, "typical_volume": 222452.4, "trend": 79.169308, "fair_value": 75.422436, "relative_strength": -1.370578, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.394198, "energy": 41.873092, "activity_lines": [ 84.767137, 85.127447, 83.949818, 82.10903 ] }, { "date": "2024-04-26", "close": 84.221694, "volume": 77143, "typical_volume": 211021.65, "trend": 79.574352, "fair_value": 75.476754, "relative_strength": -1.848342, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.581998, "energy": 25.048878, "activity_lines": [ 84.320222, 84.995347, 84.094783, 82.434991 ] }, { "date": "2024-05-03", "close": 84.472843, "volume": 178609, "typical_volume": 209020.0, "trend": 80.013925, "fair_value": 75.52589, "relative_strength": -2.046125, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.570747, "energy": 26.412697, "activity_lines": [ 84.119947, 84.882388, 84.229167, 82.751022 ] }, { "date": "2024-05-10", "close": 86.143947, "volume": 169935, "typical_volume": 207021.15, "trend": 80.506362, "fair_value": 75.590272, "relative_strength": -1.855881, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.674587, "energy": 25.559487, "activity_lines": [ 84.704672, 85.056879, 84.502202, 83.146508 ] }, { "date": "2024-05-17", "close": 87.254796, "volume": 135002, "typical_volume": 207183.15, "trend": 81.095559, "fair_value": 75.663559, "relative_strength": -2.125656, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.571682, "energy": 46.989721, "activity_lines": [ 85.682864, 85.408627, 84.856176, 83.58189 ] }, { "date": "2024-05-24", "close": 86.105308, "volume": 95547, "typical_volume": 203305.9, "trend": 81.708087, "fair_value": 75.722983, "relative_strength": -3.331561, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.496932, "energy": 45.267083, "activity_lines": [ 86.07633, 85.520817, 85.072272, 83.9051 ] }, { "date": "2024-05-31", "close": 85.63199, "volume": 249475, "typical_volume": 208505.7, "trend": 82.164613, "fair_value": 75.776537, "relative_strength": -3.39536, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.273305, "energy": 44.053413, "activity_lines": [ 86.073754, 85.526437, 85.213254, 84.158255 ] }, { "date": "2024-06-07", "close": 84.994459, "volume": 68265, "typical_volume": 193460.0, "trend": 82.614581, "fair_value": 75.82299, "relative_strength": -5.176891, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.66814, "energy": 37.114103, "activity_lines": [ 85.764648, 85.434935, 85.267617, 84.340826 ] }, { "date": "2024-06-14", "close": 84.648986, "volume": 86851, "typical_volume": 187553.25, "trend": 82.971262, "fair_value": 75.880496, "relative_strength": -6.927663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.615517, "energy": 19.962161, "activity_lines": [ 85.30561, 85.333308, 85.266303, 84.472078 ] }, { "date": "2024-06-21", "close": 85.69571, "volume": 84059, "typical_volume": 178950.6, "trend": 83.334726, "fair_value": 75.928604, "relative_strength": -6.245457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.007565, "energy": 17.802488, "activity_lines": [ 85.295144, 85.455498, 85.347535, 84.647849 ] }, { "date": "2024-06-28", "close": 85.530948, "volume": 122419, "typical_volume": 172358.1, "trend": 83.623064, "fair_value": 75.972043, "relative_strength": -6.216652, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.474848, "energy": 15.811702, "activity_lines": [ 85.333696, 85.521106, 85.393701, 84.78954 ] }, { "date": "2024-07-05", "close": 85.414645, "volume": 104024, "typical_volume": 136141.75, "trend": 83.904331, "fair_value": 76.014974, "relative_strength": -7.909827, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.346888, "energy": 16.406088, "activity_lines": [ 85.371772, 85.51103, 85.413272, 84.905126 ] }, { "date": "2024-07-12", "close": 87.818234, "volume": 695622, "typical_volume": 165614.25, "trend": 84.159351, "fair_value": 76.083438, "relative_strength": -6.048133, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.332019, "energy": 47.66711, "activity_lines": [ 86.225533, 85.916279, 85.649128, 85.157636 ] }, { "date": "2024-07-19", "close": 87.434436, "volume": 259737, "typical_volume": 172087.2, "trend": 84.37636, "fair_value": 76.138546, "relative_strength": -4.419495, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.284818, "energy": 57.339681, "activity_lines": [ 86.76311, 86.190921, 85.82821, 85.368932 ] }, { "date": "2024-07-26", "close": 88.138067, "volume": 269089, "typical_volume": 171517.75, "trend": 84.604629, "fair_value": 76.196448, "relative_strength": -2.720938, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.394971, "energy": 68.589398, "activity_lines": [ 87.349535, 86.570033, 86.061686, 85.611623 ] }, { "date": "2024-08-02", "close": 86.20938, "volume": 219046, "typical_volume": 173260.0, "trend": 84.818347, "fair_value": 76.237663, "relative_strength": -2.660151, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.785445, "energy": 56.255539, "activity_lines": [ 87.130239, 86.582415, 86.099268, 85.715155 ] }, { "date": "2024-08-09", "close": 86.354759, "volume": 235279, "typical_volume": 180178.35, "trend": 85.023755, "fair_value": 76.276671, "relative_strength": -2.388202, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.357007, "energy": 32.536148, "activity_lines": [ 86.914175, 86.619338, 86.144828, 85.814278 ] }, { "date": "2024-08-16", "close": 88.642045, "volume": 166127, "typical_volume": 184629.05, "trend": 85.304764, "fair_value": 76.33678, "relative_strength": -3.522279, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.60436, "energy": 39.259051, "activity_lines": [ 87.397865, 87.058989, 86.409704, 86.047716 ] }, { "date": "2024-08-23", "close": 90.524405, "volume": 200994, "typical_volume": 190512.85, "trend": 85.620599, "fair_value": 76.397957, "relative_strength": -2.737083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.3181, "energy": 49.452344, "activity_lines": [ 88.454087, 87.774568, 86.850283, 86.384467 ] }, { "date": "2024-08-30", "close": 91.220089, "volume": 253823, "typical_volume": 195462.95, "trend": 85.940371, "fair_value": 76.461225, "relative_strength": -2.153926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.177399, "energy": 76.85207, "activity_lines": [ 89.536207, 88.509809, 87.337914, 86.745725 ] }, { "date": "2024-09-06", "close": 87.905461, "volume": 140084, "typical_volume": 190556.5, "trend": 86.128155, "fair_value": 76.513253, "relative_strength": -1.555915, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.712072, "energy": 65.726167, "activity_lines": [ 89.307982, 88.541947, 87.476587, 86.872505 ] }, { "date": "2024-09-13", "close": 90.619191, "volume": 278621, "typical_volume": 200630.4, "trend": 86.39003, "fair_value": 76.585046, "relative_strength": -2.329782, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.021946, "energy": 68.978682, "activity_lines": [ 89.871261, 89.024318, 87.848118, 87.162249 ] }, { "date": "2024-09-20", "close": 92.043899, "volume": 127170, "typical_volume": 198058.45, "trend": 86.67244, "fair_value": 76.662794, "relative_strength": -2.091062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.350109, "energy": 67.015881, "activity_lines": [ 90.625148, 89.671099, 88.324872, 87.527015 ] }, { "date": "2024-09-27", "close": 93.108961, "volume": 177020, "typical_volume": 198412.7, "trend": 86.949919, "fair_value": 76.756677, "relative_strength": -1.425091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.356548, "energy": 63.007357, "activity_lines": [ 91.507266, 90.434696, 88.867007, 87.942274 ] }, { "date": "2024-10-04", "close": 92.971514, "volume": 661197, "typical_volume": 224722.45, "trend": 87.196503, "fair_value": 76.845447, "relative_strength": -1.762006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.920782, "energy": 75.410025, "activity_lines": [ 92.171264, 91.070131, 89.362886, 88.330764 ] }, { "date": "2024-10-11", "close": 93.915733, "volume": 210567, "typical_volume": 230473.45, "trend": 87.494457, "fair_value": 76.92956, "relative_strength": -1.830305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.895585, "energy": 81.383038, "activity_lines": [ 93.03324, 91.78936, 89.921468, 88.764263 ] }, { "date": "2024-10-18", "close": 94.996231, "volume": 254385, "typical_volume": 230718.95, "trend": 87.772146, "fair_value": 77.010731, "relative_strength": -1.495229, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.558428, "energy": 86.151948, "activity_lines": [ 93.854697, 92.564928, 90.545762, 89.248248 ] }, { "date": "2024-10-25", "close": 93.039653, "volume": 305108, "typical_volume": 242561.1, "trend": 87.943723, "fair_value": 77.08164, "relative_strength": -2.525762, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.406103, "energy": 70.435687, "activity_lines": [ 93.732158, 92.827637, 90.939123, 89.588088 ] }, { "date": "2024-11-01", "close": 92.319321, "volume": 97739, "typical_volume": 243105.5, "trend": 88.137978, "fair_value": 77.137767, "relative_strength": -1.856004, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.861256, "energy": 55.782649, "activity_lines": [ 93.303126, 92.879421, 91.225571, 89.870384 ] }, { "date": "2024-11-08", "close": 96.835998, "volume": 134612, "typical_volume": 245633.15, "trend": 88.558132, "fair_value": 77.220626, "relative_strength": -1.697097, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.2971, "energy": 63.757089, "activity_lines": [ 94.432295, 93.719783, 91.905653, 90.431547 ] }, { "date": "2024-11-15", "close": 95.356397, "volume": 113226, "typical_volume": 245173.5, "trend": 88.985637, "fair_value": 77.30062, "relative_strength": -1.103172, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.388265, "energy": 56.520344, "activity_lines": [ 94.810632, 94.189019, 92.391772, 90.870145 ] }, { "date": "2024-11-22", "close": 98.549221, "volume": 171238, "typical_volume": 248534.2, "trend": 89.463221, "fair_value": 77.412316, "relative_strength": 0.544934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.804959, "energy": 75.318133, "activity_lines": [ 96.157199, 95.103298, 93.135182, 91.48715 ] }, { "date": "2024-11-29", "close": 99.4253, "volume": 181482, "typical_volume": 222827.2, "trend": 89.961636, "fair_value": 77.541322, "relative_strength": 0.308932, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.172823, "energy": 90.370255, "activity_lines": [ 97.558926, 96.032681, 93.899482, 92.129865 ] }, { "date": "2024-12-06", "close": 98.636829, "volume": 188961, "typical_volume": 219288.4, "trend": 90.378066, "fair_value": 77.651048, "relative_strength": -1.264012, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.703373, "energy": 87.268727, "activity_lines": [ 98.27212, 96.684498, 94.533418, 92.689555 ] }, { "date": "2024-12-13", "close": 96.855175, "volume": 681645, "typical_volume": 239916.2, "trend": 90.698078, "fair_value": 77.754799, "relative_strength": -2.331197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.325623, "energy": 83.783956, "activity_lines": [ 97.970262, 96.911872, 94.944327, 93.107433 ] }, { "date": "2024-12-20", "close": 93.891439, "volume": 690510, "typical_volume": 263489.4, "trend": 90.957616, "fair_value": 77.828509, "relative_strength": -3.388437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.389771, "energy": 50.628024, "activity_lines": [ 96.679214, 96.529773, 95.031466, 93.313456 ] }, { "date": "2024-12-27", "close": 94.04781, "volume": 174998, "typical_volume": 260475.35, "trend": 91.238143, "fair_value": 77.897394, "relative_strength": -3.684566, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.005535, "energy": 27.322447, "activity_lines": [ 95.537953, 96.176546, 95.096917, 93.512823 ] }, { "date": "2025-01-03", "close": 94.057584, "volume": 337674, "typical_volume": 269052.7, "trend": 91.540247, "fair_value": 77.976433, "relative_strength": -3.01946, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.686832, "energy": 28.078846, "activity_lines": [ 94.700044, 95.842341, 95.126664, 93.694723 ] }, { "date": "2025-01-10", "close": 92.464547, "volume": 635737, "typical_volume": 290789.85, "trend": 91.800766, "fair_value": 78.047775, "relative_strength": -2.653011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.599714, "energy": 23.468455, "activity_lines": [ 93.68897, 95.199984, 94.978906, 93.754355 ] }, { "date": "2025-01-17", "close": 96.129509, "volume": 305642, "typical_volume": 293380.8, "trend": 92.148559, "fair_value": 78.170814, "relative_strength": -1.601761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.571294, "energy": 23.324791, "activity_lines": [ 94.311036, 95.221344, 95.170953, 94.033629 ] }, { "date": "2025-01-24", "close": 97.468441, "volume": 260931, "typical_volume": 299423.15, "trend": 92.546476, "fair_value": 78.30357, "relative_strength": -1.842728, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.218218, "energy": 22.394708, "activity_lines": [ 95.427791, 95.498991, 95.467139, 94.376847 ] }, { "date": "2025-01-31", "close": 97.048192, "volume": 500337, "typical_volume": 310508.95, "trend": 92.934261, "fair_value": 78.424023, "relative_strength": -1.197655, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.594895, "energy": 29.428242, "activity_lines": [ 96.165995, 95.661829, 95.677763, 94.66728 ] }, { "date": "2025-02-07", "close": 96.608397, "volume": 266370, "typical_volume": 317468.95, "trend": 93.227266, "fair_value": 78.542403, "relative_strength": -1.410234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.450681, "energy": 38.954748, "activity_lines": [ 96.557576, 95.771995, 95.815888, 94.904321 ] }, { "date": "2025-02-14", "close": 97.057966, "volume": 276174, "typical_volume": 322426.65, "trend": 93.54805, "fair_value": 78.672522, "relative_strength": -2.302849, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.480971, "energy": 53.37177, "activity_lines": [ 96.928959, 96.015118, 95.975093, 95.151463 ] }, { "date": "2025-02-21", "close": 95.758126, "volume": 250667, "typical_volume": 301900.15, "trend": 93.802052, "fair_value": 78.789124, "relative_strength": -1.961527, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.630461, "energy": 39.04499, "activity_lines": [ 96.560834, 96.050612, 95.991699, 95.294049 ] }, { "date": "2025-02-28", "close": 95.67994, "volume": 500802, "typical_volume": 316411.9, "trend": 94.117738, "fair_value": 78.913457, "relative_strength": -1.017009, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.118107, "energy": 24.424658, "activity_lines": [ 96.191406, 96.091837, 95.987589, 95.415203 ] }, { "date": "2025-03-07", "close": 93.480963, "volume": 674930, "typical_volume": 337439.15, "trend": 94.355278, "fair_value": 79.039207, "relative_strength": -0.142406, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.463698, "energy": 6.102008, "activity_lines": [ 95.208219, 95.70073, 95.765652, 95.37412 ] }, { "date": "2025-03-14", "close": 91.194027, "volume": 492672, "typical_volume": 346817.35, "trend": 94.440344, "fair_value": 79.120704, "relative_strength": -0.242373, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -31.089832, "energy": 28.857891, "activity_lines": [ 93.700535, 94.904123, 95.333127, 95.170169 ] }, { "date": "2025-03-21", "close": 91.961029, "volume": 206403, "typical_volume": 352250.55, "trend": 94.488231, "fair_value": 79.202738, "relative_strength": 0.150087, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -36.93558, "energy": 49.901246, "activity_lines": [ 92.809477, 94.299036, 94.982438, 95.010213 ] }, { "date": "2025-03-28", "close": 91.313762, "volume": 221942, "typical_volume": 356617.05, "trend": 94.491354, "fair_value": 79.278107, "relative_strength": 1.003754, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.885578, "energy": 61.808526, "activity_lines": [ 92.042458, 93.585418, 94.571811, 94.805408 ] }, { "date": "2025-04-04", "close": 83.556358, "volume": 806047, "typical_volume": 391258.1, "trend": 94.346384, "fair_value": 79.310875, "relative_strength": 1.681485, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.265523, "energy": 88.465288, "activity_lines": [ 88.985929, 91.548922, 93.44868, 94.099925 ] }, { "date": "2025-04-11", "close": 86.302342, "volume": 2835491, "typical_volume": 524470.75, "trend": 94.202489, "fair_value": 79.366155, "relative_strength": -0.551287, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.914566, "energy": 82.280612, "activity_lines": [ 87.652968, 90.264643, 92.643262, 93.580954 ] }, { "date": "2025-04-18", "close": 86.57694, "volume": 231550, "typical_volume": 526974.15, "trend": 94.020257, "fair_value": 79.437745, "relative_strength": 1.244035, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.963435, "energy": 82.007783, "activity_lines": [ 86.890113, 89.22567, 91.922315, 93.088984 ] }, { "date": "2025-04-25", "close": 89.205239, "volume": 435440, "typical_volume": 539298.1, "trend": 93.890133, "fair_value": 79.543056, "relative_strength": -0.204128, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.073718, "energy": 70.104207, "activity_lines": [ 87.311164, 88.84696, 91.512864, 92.778337 ] }, { "date": "2025-05-02", "close": 91.500096, "volume": 163044, "typical_volume": 513368.05, "trend": 93.841085, "fair_value": 79.665965, "relative_strength": -0.47909, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.886784, "energy": 40.914941, "activity_lines": [ 88.680887, 89.028274, 91.366884, 92.624141 ] }, { "date": "2025-05-09", "close": 91.847856, "volume": 565789, "typical_volume": 507132.0, "trend": 93.772156, "fair_value": 79.800563, "relative_strength": 0.383961, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.398086, "energy": 23.001809, "activity_lines": [ 90.154107, 89.350235, 91.279524, 92.495546 ] }, { "date": "2025-05-16", "close": 95.883863, "volume": 768742, "typical_volume": 536819.2, "trend": 93.801744, "fair_value": 79.970784, "relative_strength": -0.405837, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -9.014368, "energy": 18.41113, "activity_lines": [ 92.419896, 90.47569, 91.586277, 92.631785 ] }, { "date": "2025-05-23", "close": 92.905255, "volume": 168406, "typical_volume": 528355.8, "trend": 93.797264, "fair_value": 80.094373, "relative_strength": -0.93495, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.034305, "energy": 24.611925, "activity_lines": [ 93.054048, 91.01589, 91.60061, 92.573947 ] }, { "date": "2025-05-30", "close": 94.108781, "volume": 101027, "typical_volume": 501620.3, "trend": 93.856913, "fair_value": 80.231669, "relative_strength": -1.346056, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.991131, "energy": 18.843256, "activity_lines": [ 93.667488, 91.743801, 91.735052, 92.594045 ] }, { "date": "2025-06-06", "close": 95.462158, "volume": 102617, "typical_volume": 491469.05, "trend": 93.811118, "fair_value": 80.401543, "relative_strength": -1.534174, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.456602, "energy": 27.537802, "activity_lines": [ 94.405151, 92.67873, 91.990557, 92.697609 ] }, { "date": "2025-06-13", "close": 94.520678, "volume": 387454, "typical_volume": 497795.2, "trend": 93.783261, "fair_value": 80.595148, "relative_strength": -2.160356, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.860738, "energy": 26.389858, "activity_lines": [ 94.564849, 93.367055, 92.159575, 92.743387 ] }, { "date": "2025-06-20", "close": 94.839472, "volume": 312515, "typical_volume": 488404.1, "trend": 93.659602, "fair_value": 80.763439, "relative_strength": -1.675356, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.005776, "energy": 27.668277, "activity_lines": [ 94.652624, 93.913991, 92.372992, 92.81153 ] }, { "date": "2025-06-27", "close": 97.003406, "volume": 189784, "typical_volume": 484574.8, "trend": 93.578873, "fair_value": 80.955635, "relative_strength": -2.790227, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.135663, "energy": 38.415993, "activity_lines": [ 95.531337, 94.69915, 92.803015, 93.027259 ] }, { "date": "2025-07-04", "close": 99.257505, "volume": 137010, "typical_volume": 477616.6, "trend": 93.599562, "fair_value": 81.15507, "relative_strength": -2.222948, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.6538, "energy": 58.345162, "activity_lines": [ 96.888205, 95.704573, 93.445833, 93.393622 ] }, { "date": "2025-07-11", "close": 98.583834, "volume": 225468, "typical_volume": 476356.65, "trend": 93.657184, "fair_value": 81.356916, "relative_strength": -2.610806, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 72.419428, "energy": 76.130532, "activity_lines": [ 97.677269, 96.404741, 94.014019, 93.715188 ] }, { "date": "2025-07-18", "close": 98.904724, "volume": 241093, "typical_volume": 463371.2, "trend": 93.824293, "fair_value": 81.545618, "relative_strength": -2.868372, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.319207, "energy": 78.782259, "activity_lines": [ 98.365184, 97.034458, 94.599309, 94.053739 ] }, { "date": "2025-07-25", "close": 100.656818, "volume": 184956, "typical_volume": 438872.5, "trend": 94.044594, "fair_value": 81.729087, "relative_strength": -2.55659, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.363817, "energy": 87.59547, "activity_lines": [ 99.34486, 97.854431, 95.336109, 94.494547 ] }, { "date": "2025-08-01", "close": 97.526672, "volume": 236734, "typical_volume": 426075.6, "trend": 94.16023, "fair_value": 81.887264, "relative_strength": -3.171781, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.77133, "energy": 73.649653, "activity_lines": [ 98.893332, 98.018505, 95.74063, 94.719198 ] }, { "date": "2025-08-08", "close": 98.353503, "volume": 193893, "typical_volume": 425450.1, "trend": 94.356528, "fair_value": 82.032114, "relative_strength": -4.610597, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.116378, "energy": 55.77715, "activity_lines": [ 98.682529, 98.248887, 96.193741, 94.989731 ] }, { "date": "2025-08-15", "close": 99.524847, "volume": 390706, "typical_volume": 433888.3, "trend": 94.469706, "fair_value": 82.195528, "relative_strength": -4.331504, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.972339, "energy": 53.378832, "activity_lines": [ 98.922442, 98.615063, 96.727968, 95.323171 ] }, { "date": "2025-08-22", "close": 101.208038, "volume": 247491, "typical_volume": 405960.5, "trend": 94.59436, "fair_value": 82.386557, "relative_strength": -2.923833, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.183949, "energy": 57.815408, "activity_lines": [ 99.660683, 99.213407, 97.383398, 95.757902 ] }, { "date": "2025-08-29", "close": 101.037553, "volume": 135806, "typical_volume": 270976.25, "trend": 94.727338, "fair_value": 82.591755, "relative_strength": -2.965077, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.707263, "energy": 68.522583, "activity_lines": [ 100.188542, 99.659166, 97.938536, 96.173592 ] }, { "date": "2025-09-05", "close": 101.03086, "volume": 394396, "typical_volume": 279118.55, "trend": 94.874754, "fair_value": 82.776059, "relative_strength": -3.200569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.131028, "energy": 75.912564, "activity_lines": [ 100.688788, 99.991015, 98.42287, 96.580271 ] }, { "date": "2025-09-12", "close": 101.316314, "volume": 790229, "typical_volume": 296858.0, "trend": 95.016699, "fair_value": 82.985928, "relative_strength": -4.324595, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.490253, "energy": 74.369613, "activity_lines": [ 101.050573, 100.301538, 98.865561, 96.995856 ] }, { "date": "2025-09-19", "close": 101.59503, "volume": 222077, "typical_volume": 299809.65, "trend": 95.211262, "fair_value": 83.224142, "relative_strength": -5.109333, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.191284, "energy": 62.156627, "activity_lines": [ 101.307742, 100.625304, 99.277124, 97.420264 ] }, { "date": "2025-09-26", "close": 101.468195, "volume": 992223, "typical_volume": 321131.35, "trend": 95.404204, "fair_value": 83.470816, "relative_strength": -4.827146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.253134, "energy": 56.481326, "activity_lines": [ 101.384621, 100.87126, 99.628537, 97.823937 ] }, { "date": "2025-10-03", "close": 102.614952, "volume": 703042, "typical_volume": 317846.35, "trend": 95.70867, "fair_value": 83.715805, "relative_strength": -4.690528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.764557, "energy": 59.794464, "activity_lines": [ 101.826408, 101.279109, 100.043354, 98.289147 ] }, { "date": "2025-10-10", "close": 99.421827, "volume": 118557, "typical_volume": 315353.9, "trend": 95.98293, "fair_value": 83.949301, "relative_strength": -5.233752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.453753, "energy": 43.406887, "activity_lines": [ 101.09866, 101.070788, 100.122011, 98.528705 ] }, { "date": "2025-10-17", "close": 100.835502, "volume": 192793, "typical_volume": 319942.2, "trend": 96.278746, "fair_value": 84.176503, "relative_strength": -5.387319, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.252537, "energy": 33.959797, "activity_lines": [ 100.949406, 101.08504, 100.304272, 98.841774 ] }, { "date": "2025-10-24", "close": 102.674267, "volume": 331612, "typical_volume": 331391.95, "trend": 96.65743, "fair_value": 84.393126, "relative_strength": -5.366327, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.831193, "energy": 42.922715, "activity_lines": [ 101.445128, 101.388487, 100.629622, 99.254389 ] }, { "date": "2025-10-31", "close": 101.40888, "volume": 259660, "typical_volume": 325002.25, "trend": 97.252514, "fair_value": 84.611128, "relative_strength": -7.024958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.208611, "energy": 32.718053, "activity_lines": [ 101.447105, 101.404601, 100.800115, 99.560934 ] }, { "date": "2025-11-07", "close": 100.884931, "volume": 283572, "typical_volume": 323555.1, "trend": 97.7386, "fair_value": 84.79795, "relative_strength": -5.82383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.20765, "energy": 29.399975, "activity_lines": [ 101.278387, 101.321799, 100.887908, 99.795283 ] }, { "date": "2025-11-14", "close": 100.489497, "volume": 313841, "typical_volume": 329757.95, "trend": 98.202352, "fair_value": 84.989565, "relative_strength": -6.155046, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.291742, "energy": 25.019454, "activity_lines": [ 101.093192, 101.169876, 100.909252, 99.972761 ] }, { "date": "2025-11-21", "close": 99.145024, "volume": 209891, "typical_volume": 333402.0, "trend": 98.533678, "fair_value": 85.164244, "relative_strength": -5.403625, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.601569, "energy": 8.638891, "activity_lines": [ 100.388662, 100.783346, 100.785951, 100.033578 ] }, { "date": "2025-11-28", "close": 102.35792, "volume": 256460, "typical_volume": 334951.6, "trend": 98.895605, "fair_value": 85.352783, "relative_strength": -5.622784, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.653277, "energy": 18.319518, "activity_lines": [ 100.867795, 101.020457, 100.969175, 100.280303 ] }, { "date": "2025-12-05", "close": 103.000499, "volume": 203918, "typical_volume": 333092.85, "trend": 99.26736, "fair_value": 85.561892, "relative_strength": -5.18764, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 57.656931, "energy": 28.600702, "activity_lines": [ 101.582211, 101.360529, 101.195626, 100.545135 ] }, { "date": "2025-12-12", "close": 103.494791, "volume": 160921, "typical_volume": 331891.1, "trend": 99.521058, "fair_value": 85.782186, "relative_strength": -4.061944, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 60.955279, "energy": 40.046415, "activity_lines": [ 102.355284, 101.762613, 101.449648, 100.817873 ] }, { "date": "2025-12-19", "close": 103.19667, "volume": 169708, "typical_volume": 328539.8, "trend": 99.864105, "fair_value": 86.001122, "relative_strength": -4.348677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.362622, "energy": 56.401125, "activity_lines": [ 102.854992, 102.094496, 101.661764, 101.055009 ] }, { "date": "2025-12-26", "close": 104.084048, "volume": 123401, "typical_volume": 325015.2, "trend": 100.196614, "fair_value": 86.225748, "relative_strength": -4.779094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.502675, "energy": 64.412775, "activity_lines": [ 103.470014, 102.519087, 101.931392, 101.327263 ] }, { "date": "2026-01-02", "close": 103.437995, "volume": 349408, "typical_volume": 322950.3, "trend": 100.462475, "fair_value": 86.435189, "relative_strength": -4.272474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.749713, "energy": 57.781375, "activity_lines": [ 103.540417, 102.767149, 102.112202, 101.536385 ] }, { "date": "2026-01-09", "close": 105.932752, "volume": 494264, "typical_volume": 335288.95, "trend": 100.842878, "fair_value": 86.646484, "relative_strength": -3.403146, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.610002, "energy": 68.427217, "activity_lines": [ 104.370401, 103.454918, 102.511975, 101.889306 ] }, { "date": "2026-01-16", "close": 106.449594, "volume": 193509, "typical_volume": 338174.1, "trend": 101.229882, "fair_value": 86.864794, "relative_strength": -2.488673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.042189, "energy": 75.306627, "activity_lines": [ 105.177182, 104.154405, 102.938472, 102.25103 ] }, { "date": "2026-01-23", "close": 105.873117, "volume": 177297, "typical_volume": 327319.15, "trend": 101.525539, "fair_value": 87.066909, "relative_strength": -2.572912, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.047877, "energy": 70.936249, "activity_lines": [ 105.594817, 104.647903, 103.284295, 102.550593 ] }, { "date": "2026-01-30", "close": 104.859311, "volume": 215627, "typical_volume": 298589.05, "trend": 101.712266, "fair_value": 87.254273, "relative_strength": -3.751651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.171922, "energy": 66.380054, "activity_lines": [ 105.496087, 104.859188, 103.510506, 102.765675 ] }, { "date": "2026-02-06", "close": 106.668258, "volume": 192134, "typical_volume": 297091.9, "trend": 101.981746, "fair_value": 87.462456, "relative_strength": -1.801061, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.557587, "energy": 62.214913, "activity_lines": [ 105.948655, 105.295477, 103.892127, 103.085417 ] }, { "date": "2026-02-13", "close": 106.708016, "volume": 241851, "typical_volume": 259573.3, "trend": 102.241856, "fair_value": 87.669256, "relative_strength": -0.43117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.687215, "energy": 50.550769, "activity_lines": [ 106.199125, 105.660625, 104.253376, 103.390337 ] }, { "date": "2026-02-20", "close": 107.284493, "volume": 139640, "typical_volume": 231403.2, "trend": 102.462779, "fair_value": 87.89392, "relative_strength": -0.937297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.543687, "energy": 52.812315, "activity_lines": [ 106.590069, 106.063177, 104.644576, 103.715669 ] }, { "date": "2026-02-27", "close": 107.453461, "volume": 150521, "typical_volume": 233001.4, "trend": 102.793672, "fair_value": 88.110491, "relative_strength": -0.207082, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.700874, "energy": 64.672499, "activity_lines": [ 106.981677, 106.427547, 105.029633, 104.037648 ] }, { "date": "2026-03-06", "close": 104.839433, "volume": 244683, "typical_volume": 235595.9, "trend": 103.009869, "fair_value": 88.340626, "relative_strength": -0.562893, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.070173, "energy": 41.985017, "activity_lines": [ 106.396585, 106.239243, 105.127488, 104.169633 ] }, { "date": "2026-03-13", "close": 102.076315, "volume": 178924, "typical_volume": 227961.5, "trend": 103.094918, "fair_value": 88.557964, "relative_strength": -1.590301, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.181202, "energy": 11.908177, "activity_lines": [ 104.891779, 105.53482, 104.943123, 104.109403 ] }, { "date": "2026-03-20", "close": 100.619683, "volume": 181686, "typical_volume": 224062.8, "trend": 103.075306, "fair_value": 88.762523, "relative_strength": -1.097713, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.408387, "energy": 22.727265, "activity_lines": [ 103.207559, 104.590312, 104.622878, 103.949711 ] }, { "date": "2026-03-27", "close": 99.522631, "volume": 186568, "typical_volume": 219212.6, "trend": 103.024809, "fair_value": 88.940124, "relative_strength": 0.171641, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -36.752994, "energy": 42.236155, "activity_lines": [ 101.563544, 103.542942, 104.201911, 103.720506 ] }, { "date": "2026-04-03", "close": 102.275236, "volume": 205474, "typical_volume": 213794.25, "trend": 103.066288, "fair_value": 89.142011, "relative_strength": -0.331795, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.318345, "energy": 36.14519, "activity_lines": [ 101.354521, 103.12199, 104.049583, 103.672147 ] }, { "date": "2026-04-10", "close": 103.890995, "volume": 380132, "typical_volume": 222306.3, "trend": 103.152111, "fair_value": 89.349016, "relative_strength": -2.150909, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.337723, "energy": 32.147776, "activity_lines": [ 102.0293, 103.060229, 104.042634, 103.725353 ] }, { "date": "2026-04-17", "close": 108.25916, "volume": 196500, "typical_volume": 219308.3, "trend": 103.374248, "fair_value": 89.583534, "relative_strength": -2.274632, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 46.408825, "energy": 18.43573, "activity_lines": [ 104.223362, 103.810285, 104.429101, 104.05484 ] }, { "date": "2026-04-24", "close": 107.896235, "volume": 137678, "typical_volume": 215996.3, "trend": 103.588516, "fair_value": 89.817066, "relative_strength": -2.968337, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 52.240605, "energy": 36.978138, "activity_lines": [ 105.88426, 104.465429, 104.752902, 104.346582 ] }, { "date": "2026-05-01", "close": 108.534221, "volume": 175584, "typical_volume": 216729.45, "trend": 103.785825, "fair_value": 90.060355, "relative_strength": -3.151653, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.902315, "energy": 49.448615, "activity_lines": [ 107.272717, 105.214966, 105.11415, 104.665659 ] }, { "date": "2026-05-08", "close": 109.022409, "volume": 125020, "typical_volume": 214495.05, "trend": 104.105845, "fair_value": 90.309576, "relative_strength": -4.756112, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.101714, "energy": 66.326985, "activity_lines": [ 108.22313, 106.030543, 105.497896, 105.003503 ] }, { "date": "2026-05-15", "close": 107.959964, "volume": 203687, "typical_volume": 218509.35, "trend": 104.343327, "fair_value": 90.546494, "relative_strength": -5.681469, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.26471, "energy": 68.336865, "activity_lines": [ 108.369583, 106.624422, 105.752715, 105.252156 ] }, { "date": "2026-05-22", "close": 110.712569, "volume": 154131, "typical_volume": 208745.5, "trend": 104.61127, "fair_value": 90.804966, "relative_strength": -3.951489, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.996247, "energy": 71.840376, "activity_lines": [ 109.162307, 107.662037, 106.251229, 105.663075 ] }, { "date": "2026-05-29", "close": 112.348274, "volume": 77209, "typical_volume": 187892.75, "trend": 104.975917, "fair_value": 91.06404, "relative_strength": -3.77362, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.697226, "energy": 74.973094, "activity_lines": [ 110.336705, 108.84003, 106.870885, 106.162237 ] }, { "date": "2026-06-05", "close": 111.291015, "volume": 551926, "typical_volume": 205813.6, "trend": 105.322786, "fair_value": 91.312591, "relative_strength": -2.107424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.06882, "energy": 70.430998, "activity_lines": [ 110.861881, 109.612548, 107.359299, 106.569662 ] }, { "date": "2026-06-12", "close": 112.996433, "volume": 238873, "typical_volume": 208892.4, "trend": 105.739684, "fair_value": 91.560332, "relative_strength": -1.073787, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.609096, "energy": 78.784323, "activity_lines": [ 111.771743, 110.48117, 107.987079, 107.064736 ] }, { "date": "2026-06-19", "close": 112.38, "volume": 103428, "typical_volume": 203282.45, "trend": 106.18085, "fair_value": 91.81574, "relative_strength": -2.387395, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.068452, "energy": 75.729607, "activity_lines": [ 112.211193, 111.042784, 108.522231, 107.493144 ] }, { "date": "2026-06-26", "close": 113.49, "volume": 105351, "typical_volume": 198943.3, "trend": 106.551919, "fair_value": 92.06133, "relative_strength": 1.025035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.305503, "energy": 74.392851, "activity_lines": [ 112.725974, 111.651869, 109.127284, 107.964702 ] }, { "date": "2026-07-03", "close": 115.14, "volume": 625644, "typical_volume": 218132.95, "trend": 106.956569, "fair_value": 92.32163, "relative_strength": 0.394569, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.779481, "energy": 81.968828, "activity_lines": [ 113.605592, 112.465849, 109.856996, 108.518772 ] }, { "date": "2026-07-10", "close": 114.807, "volume": 174667, "typical_volume": 219884.3, "trend": 107.333643, "fair_value": 92.566238, "relative_strength": -1.148523, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.040962, "energy": 77.403131, "activity_lines": [ 114.188096, 113.087578, 110.514841, 109.025251 ] }, { "date": "2026-07-17", "close": 113.94, "volume": 731397, "typical_volume": 248928.1, "trend": 107.691754, "fair_value": 92.798561, "relative_strength": -0.280671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.105881, "energy": 75.740349, "activity_lines": [ 114.2472, 113.437621, 111.054293, 109.451468 ] }, { "date": "2026-07-24", "close": 113.8999, "volume": 473219, "typical_volume": 260354.9, "trend": 108.018949, "fair_value": 93.029159, "relative_strength": 0.342669, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.2148, "energy": 67.94536, "activity_lines": [ 114.230033, 113.690962, 111.559038, 109.851993 ] }, { "date": "2026-07-31", "close": 114.47, "volume": 500063, "typical_volume": 276411.85, "trend": 108.386683, "fair_value": 93.273625, "relative_strength": -0.181486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.396922, "energy": 55.363335, "activity_lines": [ 114.301573, 113.939958, 112.074933, 110.26819 ] }, { "date": "2026-08-07", "close": 117.99, "volume": 280225, "typical_volume": 281338.8, "trend": 108.788591, "fair_value": 93.542551, "relative_strength": -0.558822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.137362, "energy": 64.760688, "activity_lines": [ 115.481113, 114.760638, 112.867049, 110.887759 ] } ], "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." } } }