{ "ticker": { "uuid": "67603831-b994-4dc9-9f6c-32374dfab930", "symbol": "ZVU", "name": "BMO MSCI USA Value Index ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 61.394, "architecture_energy": 59.075, "architecture_maturity": 100.0, "architecture_confidence": 87.723, "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": 23.04, "rotation_up": 46.18, "upward_expansion": 70.17, "deceleration": 88.32, "rotation_down": 27.96, "downward_expansion": 22.5 }, "activity_lines": [ 55.132, 55.170506, 53.445074, 50.670529 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 55.830002, "trend_reference": 47.194455, "distance_from_trend": 0.182978, "trend_direction": "Improving", "fair_value": 33.814116, "distance_from_fair_value": 0.651086, "fair_value_direction": "Improving", "relative_strength": 16.395752, "relative_strength_direction": "Weakening", "price_momentum": 0.34629, "excess_performance": 0.225869, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.182978, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.130618, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.651086, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.062321, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.163958, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.02674, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.34629, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.37415, "read": "Demand-led" } ], "volume": { "latest": 18800, "relative_activity": 2.131519, "balance": 2.37415, "dry_up": 1.80839, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.030053, "annualized_volatility": 0.199008, "from_high_reference": -0.015164, "from_low_reference": 0.704249 }, "levels": { "trend_reference": 47.194455, "fair_value_reference": 33.814116, "structural_low": 38.281096, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 39, "median_return": 0.0131, "positive_rate": 0.641026, "directional_follow_through": 0.641026, "median_excess_return": -0.003662, "regime_survival": 0.74359, "best_return": 0.139059, "worst_return": -0.072841, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 13, "median_return": 0.012465, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": -0.011285, "regime_survival": 0.461538, "best_return": 0.245583, "worst_return": -0.10495, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.076631, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.026011, "regime_survival": 0.75, "best_return": 0.200625, "worst_return": -0.155141, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.089104, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.003002, "regime_survival": 0.75, "best_return": 0.278216, "worst_return": -0.058471, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-04-26", "tenure": "Established", "return": 0.102932, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-03", "end": "2024-06-07", "tenure": "Developing", "return": 0.031137, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-14", "end": "2024-08-30", "tenure": "Developing", "return": 0.020591, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-06", "end": "2024-09-27", "tenure": "New", "return": 0.059544, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-12-27", "tenure": "Established", "return": 0.054607, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-01-24", "tenure": "New", "return": 0.047963, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-03-28", "tenure": "Developing", "return": -0.048167, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-18", "tenure": "New", "return": 0.00073, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-25", "end": "2025-05-30", "tenure": "Developing", "return": 0.051546, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.034724, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-15", "tenure": "Developing", "return": 0.035533, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-22", "end": "2026-03-13", "tenure": "Extended", "return": 0.153448, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-10", "tenure": "New", "return": 0.075845, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-17", "end": "2026-08-07", "tenure": "Established", "return": 0.288186, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 25.08935, "volume": 1712, "typical_volume": 2981.3, "trend": 24.854593, "fair_value": 24.042291, "relative_strength": 2.610779, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.558739, "energy": 59.663603, "activity_lines": [ 25.421096, 25.262582, 24.87271, 24.794017 ] }, { "date": "2023-08-25", "close": 25.148821, "volume": 2473, "typical_volume": 3043.1, "trend": 24.842316, "fair_value": 24.085096, "relative_strength": 2.675427, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.504585, "energy": 34.471507, "activity_lines": [ 25.313376, 25.274486, 24.919934, 24.813 ] }, { "date": "2023-09-01", "close": 25.505688, "volume": 856, "typical_volume": 3019.35, "trend": 24.824026, "fair_value": 24.129894, "relative_strength": 0.500043, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.213303, "energy": 38.705024, "activity_lines": [ 25.343115, 25.345278, 24.99873, 24.855798 ] }, { "date": "2023-09-08", "close": 25.565159, "volume": 8464, "typical_volume": 3423.55, "trend": 24.820091, "fair_value": 24.176194, "relative_strength": 2.975007, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.055691, "energy": 39.07325, "activity_lines": [ 25.40193, 25.402051, 25.079077, 24.903613 ] }, { "date": "2023-09-15", "close": 25.386732, "volume": 1712, "typical_volume": 3418.8, "trend": 24.80044, "fair_value": 24.219876, "relative_strength": -0.51027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.072917, "energy": 38.551359, "activity_lines": [ 25.406557, 25.412685, 25.137705, 24.94017 ] }, { "date": "2023-09-22", "close": 24.663095, "volume": 3709, "typical_volume": 3575.75, "trend": 24.77523, "fair_value": 24.261219, "relative_strength": 0.719485, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 22.991469, "energy": 20.253491, "activity_lines": [ 25.181205, 25.279673, 25.123822, 24.931309 ] }, { "date": "2023-09-29", "close": 24.753687, "volume": 856, "typical_volume": 3585.3, "trend": 24.756295, "fair_value": 24.301123, "relative_strength": 2.239865, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.176904, "energy": 18.669838, "activity_lines": [ 25.014468, 25.168899, 25.115045, 24.92992 ] }, { "date": "2023-10-06", "close": 24.633862, "volume": 1141, "typical_volume": 3328.5, "trend": 24.741181, "fair_value": 24.335924, "relative_strength": 3.263362, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -8.036166, "energy": 26.069228, "activity_lines": [ 24.834131, 25.04857, 25.089777, 24.922021 ] }, { "date": "2023-10-13", "close": 24.57395, "volume": 3614, "typical_volume": 3509.2, "trend": 24.746214, "fair_value": 24.369569, "relative_strength": 1.844823, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -30.518334, "energy": 41.165767, "activity_lines": [ 24.691945, 24.935723, 25.056265, 24.911232 ] }, { "date": "2023-10-20", "close": 24.404202, "volume": 760, "typical_volume": 3532.95, "trend": 24.752753, "fair_value": 24.40361, "relative_strength": 2.937266, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.251479, "energy": 60.073843, "activity_lines": [ 24.559258, 24.811476, 25.003019, 24.889166 ] }, { "date": "2023-10-27", "close": 23.954859, "volume": 761, "typical_volume": 2510.6, "trend": 24.721653, "fair_value": 24.440176, "relative_strength": 3.075405, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.949721, "energy": 74.342398, "activity_lines": [ 24.342291, 24.626459, 24.903799, 24.837689 ] }, { "date": "2023-11-03", "close": 25.153101, "volume": 2187, "typical_volume": 2591.4, "trend": 24.738695, "fair_value": 24.47884, "relative_strength": 2.252909, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -8.839283, "energy": 28.027374, "activity_lines": [ 24.571954, 24.679931, 24.921125, 24.865525 ] }, { "date": "2023-11-10", "close": 24.723732, "volume": 190, "typical_volume": 2482.05, "trend": 24.741425, "fair_value": 24.507328, "relative_strength": 1.357361, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -16.996701, "energy": 20.582901, "activity_lines": [ 24.631866, 24.655258, 24.895968, 24.864559 ] }, { "date": "2023-11-17", "close": 25.552519, "volume": 3900, "typical_volume": 2101.7, "trend": 24.774078, "fair_value": 24.541248, "relative_strength": 2.026885, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 50.160245, "energy": 26.880685, "activity_lines": [ 24.96205, 24.795491, 24.946963, 24.916888 ] }, { "date": "2023-11-24", "close": 25.612427, "volume": 1331, "typical_volume": 2139.75, "trend": 24.806759, "fair_value": 24.570979, "relative_strength": 2.600757, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 58.804017, "energy": 45.155251, "activity_lines": [ 25.246965, 24.946846, 25.000136, 24.970975 ] }, { "date": "2023-12-01", "close": 25.762209, "volume": 1807, "typical_volume": 1911.5, "trend": 24.868051, "fair_value": 24.601017, "relative_strength": 1.428827, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.577381, "energy": 62.083331, "activity_lines": [ 25.501258, 25.121331, 25.063336, 25.032617 ] }, { "date": "2023-12-08", "close": 26.13167, "volume": 5040, "typical_volume": 2120.7, "trend": 24.949532, "fair_value": 24.633779, "relative_strength": 3.475762, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.221237, "energy": 82.372775, "activity_lines": [ 25.758216, 25.343006, 25.158, 25.114141 ] }, { "date": "2023-12-15", "close": 26.950466, "volume": 4660, "typical_volume": 2296.65, "trend": 25.044528, "fair_value": 24.672919, "relative_strength": 5.62532, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.10659, "energy": 91.573697, "activity_lines": [ 26.222867, 25.688499, 25.327287, 25.243233 ] }, { "date": "2023-12-22", "close": 26.820656, "volume": 5802, "typical_volume": 2553.5, "trend": 25.144382, "fair_value": 24.710633, "relative_strength": 3.283186, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.589798, "energy": 93.145945, "activity_lines": [ 26.4958, 25.968271, 25.477991, 25.357822 ] }, { "date": "2023-12-29", "close": 26.94129, "volume": 856, "typical_volume": 2591.55, "trend": 25.25121, "fair_value": 24.749837, "relative_strength": 3.309429, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.28297, "energy": 91.76121, "activity_lines": [ 26.724401, 26.229126, 25.634583, 25.473752 ] }, { "date": "2024-01-05", "close": 27.102131, "volume": 8559, "typical_volume": 2933.9, "trend": 25.339125, "fair_value": 24.784455, "relative_strength": 3.953843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.945665, "energy": 91.220445, "activity_lines": [ 26.918026, 26.473097, 25.799893, 25.593166 ] }, { "date": "2024-01-12", "close": 26.931234, "volume": 761, "typical_volume": 2848.3, "trend": 25.409533, "fair_value": 24.813495, "relative_strength": 2.979203, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.545867, "energy": 83.794908, "activity_lines": [ 26.965356, 26.628772, 25.939343, 25.695883 ] }, { "date": "2024-01-19", "close": 26.810602, "volume": 190, "typical_volume": 2815.0, "trend": 25.498555, "fair_value": 24.841584, "relative_strength": 2.810816, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.476051, "energy": 64.472935, "activity_lines": [ 26.919172, 26.730185, 26.058816, 25.786274 ] }, { "date": "2024-01-26", "close": 27.293133, "volume": 6087, "typical_volume": 2696.15, "trend": 25.581267, "fair_value": 24.875573, "relative_strength": 3.481265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.815387, "energy": 66.113679, "activity_lines": [ 27.043155, 26.881387, 26.218031, 25.902053 ] }, { "date": "2024-02-02", "close": 27.413769, "volume": 570, "typical_volume": 2639.05, "trend": 25.670973, "fair_value": 24.905855, "relative_strength": 4.064667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.445198, "energy": 68.169373, "activity_lines": [ 27.175852, 27.022875, 26.380506, 26.020279 ] }, { "date": "2024-02-09", "close": 27.383606, "volume": 4375, "typical_volume": 2672.35, "trend": 25.751084, "fair_value": 24.935943, "relative_strength": 4.231692, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.059382, "energy": 75.176269, "activity_lines": [ 27.266996, 27.126128, 26.530456, 26.130772 ] }, { "date": "2024-02-16", "close": 27.745506, "volume": 1141, "typical_volume": 2686.6, "trend": 25.828388, "fair_value": 24.965124, "relative_strength": 4.324171, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.495991, "energy": 91.257849, "activity_lines": [ 27.460009, 27.265701, 26.701918, 26.259444 ] }, { "date": "2024-02-23", "close": 27.926453, "volume": 190, "typical_volume": 2639.05, "trend": 25.904454, "fair_value": 24.997795, "relative_strength": 4.156508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.056644, "energy": 92.306015, "activity_lines": [ 27.659052, 27.408831, 26.876366, 26.394803 ] }, { "date": "2024-03-01", "close": 28.348669, "volume": 3043, "typical_volume": 2610.5, "trend": 25.994594, "fair_value": 25.028154, "relative_strength": 4.911342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.143304, "energy": 94.331201, "activity_lines": [ 27.924444, 27.610982, 27.075347, 26.552494 ] }, { "date": "2024-03-08", "close": 28.650251, "volume": 9891, "typical_volume": 3067.05, "trend": 26.097761, "fair_value": 25.056322, "relative_strength": 5.045031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.646248, "energy": 95.761239, "activity_lines": [ 28.219994, 27.840184, 27.285074, 26.723827 ] }, { "date": "2024-03-15", "close": 28.49946, "volume": 2947, "typical_volume": 3176.35, "trend": 26.211431, "fair_value": 25.08215, "relative_strength": 3.886863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.680634, "energy": 91.661126, "activity_lines": [ 28.382848, 28.010897, 27.460222, 26.878775 ] }, { "date": "2024-03-22", "close": 29.313728, "volume": 2092, "typical_volume": 3171.6, "trend": 26.350262, "fair_value": 25.113555, "relative_strength": 6.049821, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.801127, "energy": 97.529156, "activity_lines": [ 28.742735, 28.304254, 27.691277, 27.078924 ] }, { "date": "2024-03-29", "close": 29.830114, "volume": 9701, "typical_volume": 3647.15, "trend": 26.494409, "fair_value": 25.146949, "relative_strength": 6.851873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 95.801023, "energy": 98.121103, "activity_lines": [ 29.170202, 28.64818, 27.9517, 27.30343 ] }, { "date": "2024-04-05", "close": 29.294003, "volume": 8274, "typical_volume": 3865.85, "trend": 26.618704, "fair_value": 25.175045, "relative_strength": 4.320121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.965005, "energy": 85.092625, "activity_lines": [ 29.292055, 28.839732, 28.136748, 27.484049 ] }, { "date": "2024-04-12", "close": 28.606159, "volume": 4755, "typical_volume": 4037.05, "trend": 26.726018, "fair_value": 25.19855, "relative_strength": 3.394073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.248065, "energy": 68.138917, "activity_lines": [ 29.121604, 28.869842, 28.238471, 27.612272 ] }, { "date": "2024-04-19", "close": 28.221775, "volume": 13219, "typical_volume": 4607.65, "trend": 26.844641, "fair_value": 25.220673, "relative_strength": 2.271863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.987439, "energy": 63.465515, "activity_lines": [ 28.825965, 28.808384, 28.28933, 27.708773 ] }, { "date": "2024-04-26", "close": 28.413963, "volume": 16452, "typical_volume": 5178.25, "trend": 26.96665, "fair_value": 25.247092, "relative_strength": 2.055287, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.909911, "energy": 43.467867, "activity_lines": [ 28.612901, 28.766629, 28.346781, 27.810019 ] }, { "date": "2024-05-03", "close": 27.938547, "volume": 34903, "typical_volume": 6690.4, "trend": 27.076806, "fair_value": 25.26758, "relative_strength": 0.282484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.694202, "energy": 35.710971, "activity_lines": [ 28.301349, 28.626282, 28.348085, 27.872722 ] }, { "date": "2024-05-10", "close": 28.656733, "volume": 951, "typical_volume": 6447.85, "trend": 27.212899, "fair_value": 25.294353, "relative_strength": 1.003028, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.974828, "energy": 30.772342, "activity_lines": [ 28.355297, 28.616294, 28.413083, 27.974653 ] }, { "date": "2024-05-17", "close": 28.929848, "volume": 2092, "typical_volume": 6509.65, "trend": 27.363754, "fair_value": 25.323839, "relative_strength": 1.097087, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.270915, "energy": 30.163166, "activity_lines": [ 28.542768, 28.650362, 28.495349, 28.085424 ] }, { "date": "2024-05-24", "close": 28.646622, "volume": 1712, "typical_volume": 6167.3, "trend": 27.520146, "fair_value": 25.350367, "relative_strength": 0.622661, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.976854, "energy": 28.955382, "activity_lines": [ 28.614251, 28.627851, 28.541172, 28.16819 ] }, { "date": "2024-05-31", "close": 28.42408, "volume": 3138, "typical_volume": 6286.15, "trend": 27.629179, "fair_value": 25.373066, "relative_strength": -0.063943, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.147208, "energy": 34.841533, "activity_lines": [ 28.58323, 28.562202, 28.558445, 28.226508 ] }, { "date": "2024-06-07", "close": 28.808464, "volume": 7893, "typical_volume": 6671.3, "trend": 27.765336, "fair_value": 25.39877, "relative_strength": 2.371765, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.315872, "energy": 34.632581, "activity_lines": [ 28.679662, 28.582616, 28.605218, 28.302591 ] }, { "date": "2024-06-14", "close": 28.687078, "volume": 761, "typical_volume": 6405.0, "trend": 27.869822, "fair_value": 25.423996, "relative_strength": 3.543968, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.253527, "energy": 27.202998, "activity_lines": [ 28.677639, 28.599536, 28.630916, 28.362058 ] }, { "date": "2024-06-21", "close": 28.757887, "volume": 475, "typical_volume": 6400.25, "trend": 27.97467, "fair_value": 25.450156, "relative_strength": 4.062767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.932611, "energy": 28.001056, "activity_lines": [ 28.697195, 28.640365, 28.656721, 28.419353 ] }, { "date": "2024-06-28", "close": 28.626259, "volume": 2282, "typical_volume": 6295.6, "trend": 28.070139, "fair_value": 25.474627, "relative_strength": 1.94834, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.403929, "energy": 26.749086, "activity_lines": [ 28.684339, 28.654503, 28.663589, 28.461391 ] }, { "date": "2024-07-05", "close": 28.666979, "volume": 0, "typical_volume": 6238.55, "trend": 28.154649, "fair_value": 25.500024, "relative_strength": 1.165303, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.700032, "energy": 26.179657, "activity_lines": [ 28.686414, 28.668691, 28.668417, 28.499896 ] }, { "date": "2024-07-12", "close": 29.766424, "volume": 2282, "typical_volume": 6343.15, "trend": 28.248514, "fair_value": 25.531441, "relative_strength": 2.076074, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.631399, "energy": 63.558411, "activity_lines": [ 29.038778, 28.878177, 28.773567, 28.603882 ] }, { "date": "2024-07-19", "close": 29.980204, "volume": 4470, "typical_volume": 6414.5, "trend": 28.353832, "fair_value": 25.565074, "relative_strength": 2.603993, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.281647, "energy": 79.754637, "activity_lines": [ 29.398537, 29.093298, 28.890314, 28.715604 ] }, { "date": "2024-07-26", "close": 29.837683, "volume": 1046, "typical_volume": 5972.25, "trend": 28.450379, "fair_value": 25.597009, "relative_strength": 1.471457, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.708412, "energy": 82.796393, "activity_lines": [ 29.624581, 29.258443, 28.98572, 28.811336 ] }, { "date": "2024-08-02", "close": 28.71788, "volume": 1236, "typical_volume": 5886.7, "trend": 28.504237, "fair_value": 25.622007, "relative_strength": 0.206321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.441302, "energy": 64.327445, "activity_lines": [ 29.405371, 29.203482, 28.968822, 28.828594 ] }, { "date": "2024-08-09", "close": 28.320856, "volume": 11507, "typical_volume": 6357.45, "trend": 28.550558, "fair_value": 25.641802, "relative_strength": -1.574873, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.530749, "energy": 17.886686, "activity_lines": [ 29.047712, 29.075039, 28.913073, 28.816763 ] }, { "date": "2024-08-16", "close": 29.033459, "volume": 2948, "typical_volume": 6019.8, "trend": 28.624653, "fair_value": 25.665743, "relative_strength": -2.341822, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.24779, "energy": 17.510767, "activity_lines": [ 28.950662, 29.078036, 28.929919, 28.847918 ] }, { "date": "2024-08-23", "close": 29.074181, "volume": 285, "typical_volume": 5620.35, "trend": 28.684021, "fair_value": 25.689522, "relative_strength": -3.149228, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.675084, "energy": 21.775653, "activity_lines": [ 28.91605, 29.084347, 28.954437, 28.87692 ] }, { "date": "2024-08-30", "close": 29.277782, "volume": 380, "typical_volume": 5401.6, "trend": 28.746155, "fair_value": 25.717082, "relative_strength": -2.740406, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 34.498314, "energy": 19.827611, "activity_lines": [ 29.009707, 29.120638, 28.999392, 28.915227 ] }, { "date": "2024-09-06", "close": 28.605898, "volume": 41653, "typical_volume": 6823.3, "trend": 28.786898, "fair_value": 25.741, "relative_strength": -2.590535, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.898182, "energy": 6.881081, "activity_lines": [ 28.916729, 29.025316, 28.97716, 28.906178 ] }, { "date": "2024-09-13", "close": 29.33886, "volume": 8083, "typical_volume": 6404.85, "trend": 28.84001, "fair_value": 25.768408, "relative_strength": -3.45178, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.459309, "energy": 22.534175, "activity_lines": [ 29.075537, 29.06363, 29.022904, 28.941789 ] }, { "date": "2024-09-20", "close": 29.888584, "volume": 665, "typical_volume": 4692.95, "trend": 28.905414, "fair_value": 25.801031, "relative_strength": -2.881525, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 64.897063, "energy": 42.122093, "activity_lines": [ 29.34972, 29.189677, 29.116599, 29.009439 ] }, { "date": "2024-09-27", "close": 30.309217, "volume": 285, "typical_volume": 4659.65, "trend": 28.970766, "fair_value": 25.83878, "relative_strength": -1.879956, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.994002, "energy": 62.80117, "activity_lines": [ 29.707105, 29.389982, 29.241069, 29.100007 ] }, { "date": "2024-10-04", "close": 29.991898, "volume": 1236, "typical_volume": 4616.85, "trend": 29.015487, "fair_value": 25.873219, "relative_strength": -3.679385, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.194508, "energy": 67.34329, "activity_lines": [ 29.876382, 29.526611, 29.327448, 29.165886 ] }, { "date": "2024-10-11", "close": 30.964329, "volume": 2472, "typical_volume": 4654.85, "trend": 29.09765, "fair_value": 25.913163, "relative_strength": -1.813613, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.26981, "energy": 82.686085, "activity_lines": [ 30.322194, 29.837242, 29.501383, 29.291618 ] }, { "date": "2024-10-18", "close": 31.373777, "volume": 190, "typical_volume": 4507.45, "trend": 29.166318, "fair_value": 25.955732, "relative_strength": -1.904584, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.1729, "energy": 90.378498, "activity_lines": [ 30.747261, 30.181473, 29.703276, 29.438465 ] }, { "date": "2024-10-25", "close": 30.974569, "volume": 570, "typical_volume": 4141.3, "trend": 29.204467, "fair_value": 25.997685, "relative_strength": -1.714296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.478554, "energy": 84.039277, "activity_lines": [ 30.903597, 30.397613, 29.853103, 29.555126 ] }, { "date": "2024-11-01", "close": 30.780085, "volume": 3424, "typical_volume": 4274.45, "trend": 29.254003, "fair_value": 26.032136, "relative_strength": -1.492209, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.29868, "energy": 85.327785, "activity_lines": [ 30.922706, 30.543099, 29.974093, 29.656779 ] }, { "date": "2024-11-08", "close": 31.967476, "volume": 760, "typical_volume": 4288.7, "trend": 29.366047, "fair_value": 26.071467, "relative_strength": 0.174826, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.359213, "energy": 93.182162, "activity_lines": [ 31.306221, 30.873459, 30.198201, 29.831842 ] }, { "date": "2024-11-15", "close": 32.274563, "volume": 1902, "typical_volume": 4269.7, "trend": 29.50114, "fair_value": 26.11477, "relative_strength": 0.55838, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.22321, "energy": 93.020215, "activity_lines": [ 31.660393, 31.210748, 30.436272, 30.019488 ] }, { "date": "2024-11-22", "close": 32.735188, "volume": 1616, "typical_volume": 4350.5, "trend": 29.64518, "fair_value": 26.161148, "relative_strength": -0.244138, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.068017, "energy": 93.641599, "activity_lines": [ 32.080757, 31.565085, 30.700839, 30.228136 ] }, { "date": "2024-11-29", "close": 32.929672, "volume": 856, "typical_volume": 4279.2, "trend": 29.811551, "fair_value": 26.209804, "relative_strength": -0.484544, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.547902, "energy": 92.992714, "activity_lines": [ 32.475189, 31.893031, 30.964556, 30.440039 ] }, { "date": "2024-12-06", "close": 32.622589, "volume": 17498, "typical_volume": 4930.6, "trend": 29.943746, "fair_value": 26.253516, "relative_strength": -1.557881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.94616, "energy": 86.901099, "activity_lines": [ 32.63692, 32.109851, 31.183963, 30.621396 ] }, { "date": "2024-12-13", "close": 32.01865, "volume": 2091, "typical_volume": 4982.85, "trend": 30.046706, "fair_value": 26.29026, "relative_strength": -1.716976, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.432684, "energy": 68.985792, "activity_lines": [ 32.474504, 32.174803, 31.33327, 30.755261 ] }, { "date": "2024-12-20", "close": 31.343067, "volume": 855, "typical_volume": 4963.8, "trend": 30.136588, "fair_value": 26.320427, "relative_strength": -1.136351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.886477, "energy": 56.501939, "activity_lines": [ 32.083482, 32.080072, 31.40785, 30.838897 ] }, { "date": "2024-12-27", "close": 31.629679, "volume": 666, "typical_volume": 4421.75, "trend": 30.243441, "fair_value": 26.351577, "relative_strength": -1.009923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.477787, "energy": 37.997903, "activity_lines": [ 31.850098, 32.030566, 31.497226, 30.935225 ] }, { "date": "2025-01-03", "close": 31.320999, "volume": 380, "typical_volume": 4293.35, "trend": 30.327192, "fair_value": 26.375866, "relative_strength": -2.993779, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.141394, "energy": 31.608446, "activity_lines": [ 31.58752, 31.920283, 31.541447, 31.004745 ] }, { "date": "2025-01-10", "close": 31.25926, "volume": 4945, "typical_volume": 4526.35, "trend": 30.412932, "fair_value": 26.39805, "relative_strength": -1.958983, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.532965, "energy": 31.395669, "activity_lines": [ 31.411608, 31.792476, 31.568896, 31.064879 ] }, { "date": "2025-01-17", "close": 32.76152, "volume": 3139, "typical_volume": 4664.3, "trend": 30.546386, "fair_value": 26.442253, "relative_strength": 1.485011, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.367518, "energy": 33.771771, "activity_lines": [ 31.827337, 31.929095, 31.729011, 31.216401 ] }, { "date": "2025-01-24", "close": 32.82325, "volume": 571, "typical_volume": 2610.2, "trend": 30.686286, "fair_value": 26.48679, "relative_strength": 0.081705, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.367154, "energy": 49.917591, "activity_lines": [ 32.214119, 32.062501, 31.878416, 31.363295 ] }, { "date": "2025-01-31", "close": 32.967312, "volume": 2187, "typical_volume": 2315.4, "trend": 30.82963, "fair_value": 26.53042, "relative_strength": 0.280106, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.675874, "energy": 61.976884, "activity_lines": [ 32.550243, 32.212124, 32.021459, 31.510458 ] }, { "date": "2025-02-07", "close": 32.247047, "volume": 3423, "typical_volume": 2453.3, "trend": 30.912318, "fair_value": 26.569555, "relative_strength": -1.510162, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.447699, "energy": 67.18465, "activity_lines": [ 32.557102, 32.226569, 32.078627, 31.601904 ] }, { "date": "2025-02-14", "close": 32.720356, "volume": 1237, "typical_volume": 2500.9, "trend": 31.003656, "fair_value": 26.613677, "relative_strength": -0.190791, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.045552, "energy": 68.686424, "activity_lines": [ 32.659995, 32.339481, 32.169641, 31.718552 ] }, { "date": "2025-02-21", "close": 32.874702, "volume": 1521, "typical_volume": 2515.15, "trend": 31.10489, "fair_value": 26.658971, "relative_strength": 1.615944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.489827, "energy": 59.062917, "activity_lines": [ 32.71693, 32.478679, 32.263874, 31.839264 ] }, { "date": "2025-02-28", "close": 32.771809, "volume": 4374, "typical_volume": 2610.25, "trend": 31.240021, "fair_value": 26.705314, "relative_strength": 0.35175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.994587, "energy": 46.796454, "activity_lines": [ 32.732022, 32.583604, 32.334579, 31.946808 ] }, { "date": "2025-03-07", "close": 32.102993, "volume": 2568, "typical_volume": 2729.15, "trend": 31.366092, "fair_value": 26.75152, "relative_strength": 0.856035, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.994742, "energy": 31.843774, "activity_lines": [ 32.527604, 32.54095, 32.33298, 32.002483 ] }, { "date": "2025-03-14", "close": 31.166655, "volume": 856, "typical_volume": 2743.45, "trend": 31.437199, "fair_value": 26.78794, "relative_strength": -1.214741, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 8.761042, "energy": 9.787373, "activity_lines": [ 32.068696, 32.319446, 32.238734, 31.989616 ] }, { "date": "2025-03-21", "close": 31.732578, "volume": 3709, "typical_volume": 2757.7, "trend": 31.525812, "fair_value": 26.826584, "relative_strength": -1.000516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 17.321727, "energy": 20.126895, "activity_lines": [ 31.870454, 32.203644, 32.197471, 32.008673 ] }, { "date": "2025-03-28", "close": 31.379385, "volume": 1046, "typical_volume": 2772.0, "trend": 31.595866, "fair_value": 26.86579, "relative_strength": -1.158878, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -3.719577, "energy": 22.64673, "activity_lines": [ 31.620333, 32.015019, 32.118034, 31.999226 ] }, { "date": "2025-04-04", "close": 28.349009, "volume": 2568, "typical_volume": 2805.3, "trend": 31.587303, "fair_value": 26.884956, "relative_strength": -4.542394, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -62.865466, "energy": 72.203766, "activity_lines": [ 30.459775, 31.300546, 31.752791, 31.789751 ] }, { "date": "2025-04-11", "close": 28.317982, "volume": 11317, "typical_volume": 3290.35, "trend": 31.553273, "fair_value": 26.903862, "relative_strength": -6.091768, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -61.68979, "energy": 80.464548, "activity_lines": [ 29.583727, 30.661782, 31.403286, 31.578828 ] }, { "date": "2025-04-18", "close": 28.369696, "volume": 8560, "typical_volume": 3675.55, "trend": 31.502644, "fair_value": 26.924388, "relative_strength": -8.105029, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.807147, "energy": 93.122568, "activity_lines": [ 28.977252, 30.116954, 31.07974, 31.373435 ] }, { "date": "2025-04-25", "close": 29.093676, "volume": 3234, "typical_volume": 2962.35, "trend": 31.462126, "fair_value": 26.949249, "relative_strength": -7.572762, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.796098, "energy": 87.432471, "activity_lines": [ 28.798568, 29.774256, 30.846859, 31.218018 ] }, { "date": "2025-05-02", "close": 29.507378, "volume": 0, "typical_volume": 2857.8, "trend": 31.445975, "fair_value": 26.976761, "relative_strength": -7.328862, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.449315, "energy": 80.596262, "activity_lines": [ 28.93371, 29.572716, 30.670182, 31.091905 ] }, { "date": "2025-05-09", "close": 30.386497, "volume": 475, "typical_volume": 2838.8, "trend": 31.426714, "fair_value": 27.012917, "relative_strength": -5.672557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.096043, "energy": 48.980954, "activity_lines": [ 29.486693, 29.592239, 30.58919, 31.023552 ] }, { "date": "2025-05-16", "close": 31.441441, "volume": 761, "typical_volume": 2843.55, "trend": 31.428969, "fair_value": 27.062527, "relative_strength": -4.594474, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.871185, "energy": 20.706632, "activity_lines": [ 30.255492, 29.84694, 30.613224, 31.024502 ] }, { "date": "2025-05-23", "close": 30.614033, "volume": 2853, "typical_volume": 2967.2, "trend": 31.416952, "fair_value": 27.096396, "relative_strength": -6.633103, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.07408, "energy": 27.128355, "activity_lines": [ 30.540257, 29.963232, 30.559353, 30.971926 ] }, { "date": "2025-05-30", "close": 30.593349, "volume": 1142, "typical_volume": 2777.05, "trend": 31.410727, "fair_value": 27.134676, "relative_strength": -7.59719, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -25.134092, "energy": 26.661899, "activity_lines": [ 30.668505, 30.08581, 30.506878, 30.91879 ] }, { "date": "2025-06-06", "close": 31.007053, "volume": 665, "typical_volume": 2653.35, "trend": 31.378713, "fair_value": 27.17837, "relative_strength": -7.055757, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -18.17304, "energy": 23.006979, "activity_lines": [ 30.834676, 30.304321, 30.496975, 30.892746 ] }, { "date": "2025-06-13", "close": 30.955339, "volume": 665, "typical_volume": 2658.05, "trend": 31.334739, "fair_value": 27.232783, "relative_strength": -7.251454, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.482752, "energy": 13.454911, "activity_lines": [ 30.883631, 30.520199, 30.490502, 30.865432 ] }, { "date": "2025-06-20", "close": 31.03808, "volume": 0, "typical_volume": 2548.7, "trend": 31.278169, "fair_value": 27.282017, "relative_strength": -6.74781, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.127901, "energy": 11.983135, "activity_lines": [ 30.922243, 30.703733, 30.500803, 30.846293 ] }, { "date": "2025-06-27", "close": 32.08374, "volume": 951, "typical_volume": 2425.1, "trend": 31.249971, "fair_value": 27.340677, "relative_strength": -4.152887, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.651271, "energy": 29.575417, "activity_lines": [ 31.336299, 31.02793, 30.619878, 30.898265 ] }, { "date": "2025-07-04", "close": 32.7593, "volume": 761, "typical_volume": 2401.3, "trend": 31.254528, "fair_value": 27.401566, "relative_strength": -3.30078, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.959313, "energy": 65.172713, "activity_lines": [ 31.877562, 31.407428, 30.80407, 30.995641 ] }, { "date": "2025-07-11", "close": 33.008736, "volume": 665, "typical_volume": 2358.5, "trend": 31.287531, "fair_value": 27.464054, "relative_strength": -2.327991, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.861426, "energy": 76.829545, "activity_lines": [ 32.357573, 31.765631, 31.011832, 31.108816 ] }, { "date": "2025-07-18", "close": 32.603401, "volume": 855, "typical_volume": 2182.55, "trend": 31.329542, "fair_value": 27.522832, "relative_strength": -4.366436, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.745009, "energy": 71.885274, "activity_lines": [ 32.569027, 31.986476, 31.180353, 31.193711 ] }, { "date": "2025-07-25", "close": 32.811264, "volume": 760, "typical_volume": 2092.15, "trend": 31.368928, "fair_value": 27.580408, "relative_strength": -4.219325, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.479184, "energy": 78.06585, "activity_lines": [ 32.739898, 32.204806, 31.369471, 31.289306 ] }, { "date": "2025-08-01", "close": 32.021385, "volume": 1141, "typical_volume": 2106.4, "trend": 31.392274, "fair_value": 27.63255, "relative_strength": -4.728118, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.320167, "energy": 60.978471, "activity_lines": [ 32.529264, 32.254616, 31.479991, 31.3314 ] }, { "date": "2025-08-08", "close": 32.73851, "volume": 380, "typical_volume": 1939.95, "trend": 31.441583, "fair_value": 27.687127, "relative_strength": -5.05314, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.610333, "energy": 45.434779, "activity_lines": [ 32.561828, 32.409224, 31.654738, 31.418254 ] }, { "date": "2025-08-15", "close": 33.923336, "volume": 95, "typical_volume": 1892.4, "trend": 31.48031, "fair_value": 27.744911, "relative_strength": -2.068284, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 88.759875, "energy": 70.096286, "activity_lines": [ 32.99072, 32.740252, 31.937535, 31.578367 ] }, { "date": "2025-08-22", "close": 34.328671, "volume": 855, "typical_volume": 1806.75, "trend": 31.53049, "fair_value": 27.810484, "relative_strength": -2.337863, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.439266, "energy": 85.404895, "activity_lines": [ 33.493751, 33.091955, 32.246822, 31.762132 ] }, { "date": "2025-08-29", "close": 34.141594, "volume": 95, "typical_volume": 1245.65, "trend": 31.569633, "fair_value": 27.878813, "relative_strength": -3.568998, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.178897, "energy": 91.241463, "activity_lines": [ 33.819404, 33.348309, 32.509818, 31.93059 ] }, { "date": "2025-09-05", "close": 34.494961, "volume": 4660, "typical_volume": 1050.65, "trend": 31.644564, "fair_value": 27.948109, "relative_strength": -4.099636, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.536132, "energy": 92.10486, "activity_lines": [ 34.174158, 33.612485, 32.778735, 32.119321 ] }, { "date": "2025-09-12", "close": 35.139339, "volume": 856, "typical_volume": 931.75, "trend": 31.725196, "fair_value": 28.024502, "relative_strength": -3.018572, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.05271, "energy": 94.586599, "activity_lines": [ 34.5788, 33.94998, 33.079855, 32.344791 ] }, { "date": "2025-09-19", "close": 35.773323, "volume": 10366, "typical_volume": 1450.05, "trend": 31.821817, "fair_value": 28.109902, "relative_strength": -2.799702, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.025486, "energy": 94.794778, "activity_lines": [ 35.034714, 34.359472, 33.412564, 32.60596 ] }, { "date": "2025-09-26", "close": 36.344944, "volume": 6181, "typical_volume": 1735.35, "trend": 31.940922, "fair_value": 28.199397, "relative_strength": -1.155416, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.369749, "energy": 95.857803, "activity_lines": [ 35.557836, 34.822629, 33.769876, 32.897775 ] }, { "date": "2025-10-03", "close": 37.284363, "volume": 856, "typical_volume": 1740.1, "trend": 32.113634, "fair_value": 28.289064, "relative_strength": -0.937269, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 94.255347, "energy": 97.219054, "activity_lines": [ 36.25968, 35.388562, 34.188283, 33.242513 ] }, { "date": "2025-10-10", "close": 36.271885, "volume": 3329, "typical_volume": 1763.9, "trend": 32.283808, "fair_value": 28.374731, "relative_strength": -1.54614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.459585, "energy": 84.720634, "activity_lines": [ 36.414513, 35.689079, 34.48244, 33.510787 ] }, { "date": "2025-10-17", "close": 36.866848, "volume": 2282, "typical_volume": 1820.9, "trend": 32.454951, "fair_value": 28.459855, "relative_strength": -0.726337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.082564, "energy": 81.266794, "activity_lines": [ 36.649205, 36.020489, 34.806318, 33.806467 ] }, { "date": "2025-10-24", "close": 37.472244, "volume": 2092, "typical_volume": 1892.25, "trend": 32.658046, "fair_value": 28.540958, "relative_strength": 0.140057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.184111, "energy": 73.026681, "activity_lines": [ 36.970529, 36.38691, 35.157979, 34.130163 ] }, { "date": "2025-10-31", "close": 38.213341, "volume": 9319, "typical_volume": 2324.95, "trend": 32.986857, "fair_value": 28.630981, "relative_strength": 2.442289, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.299007, "energy": 75.019136, "activity_lines": [ 37.425624, 36.823551, 35.549434, 34.488569 ] }, { "date": "2025-11-07", "close": 38.171589, "volume": 4469, "typical_volume": 2548.4, "trend": 33.315311, "fair_value": 28.71526, "relative_strength": 3.546824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.628375, "energy": 72.508571, "activity_lines": [ 37.742241, 37.18197, 35.902351, 34.823068 ] }, { "date": "2025-11-14", "close": 38.35947, "volume": 570, "typical_volume": 2529.35, "trend": 33.648303, "fair_value": 28.800681, "relative_strength": 2.685835, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.701246, "energy": 80.621271, "activity_lines": [ 38.062338, 37.501277, 36.239192, 35.148498 ] }, { "date": "2025-11-21", "close": 37.513996, "volume": 8465, "typical_volume": 2914.55, "trend": 33.92898, "fair_value": 28.877572, "relative_strength": 1.042022, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.929039, "energy": 67.400291, "activity_lines": [ 37.961437, 37.596597, 36.465628, 35.397898 ] }, { "date": "2025-11-28", "close": 38.735237, "volume": 1712, "typical_volume": 2966.9, "trend": 34.236576, "fair_value": 28.961046, "relative_strength": 0.34632, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.19212, "energy": 70.484214, "activity_lines": [ 38.224473, 37.870785, 36.78573, 35.707979 ] }, { "date": "2025-12-05", "close": 39.257133, "volume": 1806, "typical_volume": 3014.45, "trend": 34.532263, "fair_value": 29.050106, "relative_strength": 1.955741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.608709, "energy": 71.619254, "activity_lines": [ 38.577275, 38.186011, 37.128268, 36.031886 ] }, { "date": "2025-12-12", "close": 39.330204, "volume": 1806, "typical_volume": 3066.75, "trend": 34.795222, "fair_value": 29.143555, "relative_strength": 1.47641, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.612201, "energy": 69.729295, "activity_lines": [ 38.884848, 38.461574, 37.446081, 36.34143 ] }, { "date": "2025-12-19", "close": 39.17363, "volume": 475, "typical_volume": 3033.45, "trend": 35.080542, "fair_value": 29.238862, "relative_strength": 0.409162, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.715927, "energy": 67.921864, "activity_lines": [ 39.062989, 38.671471, 37.717939, 36.623908 ] }, { "date": "2025-12-26", "close": 39.486771, "volume": 190, "typical_volume": 3023.95, "trend": 35.37699, "fair_value": 29.336615, "relative_strength": 0.505511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.146738, "energy": 69.782793, "activity_lines": [ 39.291233, 38.885544, 37.985562, 36.908181 ] }, { "date": "2026-01-02", "close": 38.201385, "volume": 8200, "typical_volume": 3429.2, "trend": 35.616801, "fair_value": 29.423059, "relative_strength": -2.333163, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.123291, "energy": 59.854027, "activity_lines": [ 38.959496, 38.818276, 38.098632, 37.0904 ] }, { "date": "2026-01-09", "close": 39.845421, "volume": 11000, "typical_volume": 3936.45, "trend": 35.913137, "fair_value": 29.515972, "relative_strength": -0.345643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.878971, "energy": 62.260024, "activity_lines": [ 39.211361, 39.036666, 38.347906, 37.363214 ] }, { "date": "2026-01-16", "close": 40.124409, "volume": 1300, "typical_volume": 3996.7, "trend": 36.216014, "fair_value": 29.614368, "relative_strength": -0.802968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.139721, "energy": 63.872106, "activity_lines": [ 39.517004, 39.276107, 38.59748, 37.634909 ] }, { "date": "2026-01-23", "close": 39.596325, "volume": 9100, "typical_volume": 4218.7, "trend": 36.466434, "fair_value": 29.704619, "relative_strength": -2.272332, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.609046, "energy": 54.958218, "activity_lines": [ 39.593671, 39.384026, 38.76827, 37.852994 ] }, { "date": "2026-01-30", "close": 39.974949, "volume": 5600, "typical_volume": 4455.9, "trend": 36.706955, "fair_value": 29.793853, "relative_strength": 2.500099, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.381066, "energy": 60.490336, "activity_lines": [ 39.768367, 39.538299, 38.950828, 38.079349 ] }, { "date": "2026-02-06", "close": 41.469528, "volume": 5100, "typical_volume": 4192.6, "trend": 36.988982, "fair_value": 29.895048, "relative_strength": 4.523516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.029953, "energy": 75.323456, "activity_lines": [ 40.40871, 39.919568, 39.2527, 38.386612 ] }, { "date": "2026-02-13", "close": 41.19054, "volume": 14000, "typical_volume": 4583.55, "trend": 37.27522, "fair_value": 29.992575, "relative_strength": 1.990351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.956811, "energy": 70.547006, "activity_lines": [ 40.738181, 40.200398, 39.500877, 38.65768 ] }, { "date": "2026-02-20", "close": 41.569168, "volume": 4900, "typical_volume": 4785.75, "trend": 37.56715, "fair_value": 30.096099, "relative_strength": 0.78794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.164326, "energy": 87.383509, "activity_lines": [ 41.104187, 40.514917, 39.762039, 38.934709 ] }, { "date": "2026-02-27", "close": 40.991264, "volume": 2200, "typical_volume": 4729.3, "trend": 37.866146, "fair_value": 30.196545, "relative_strength": -1.975729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.31358, "energy": 82.998636, "activity_lines": [ 41.181241, 40.683653, 39.947759, 39.15562 ] }, { "date": "2026-03-06", "close": 39.337265, "volume": 4600, "typical_volume": 4845.2, "trend": 38.086104, "fair_value": 30.287891, "relative_strength": -2.192684, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.102844, "energy": 49.998579, "activity_lines": [ 40.613966, 40.518615, 39.953482, 39.250531 ] }, { "date": "2026-03-13", "close": 39.596325, "volume": 5700, "typical_volume": 5025.6, "trend": 38.275204, "fair_value": 30.385156, "relative_strength": 0.173874, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.069947, "energy": 30.015944, "activity_lines": [ 40.175557, 40.403397, 39.972114, 39.347964 ] }, { "date": "2026-03-20", "close": 39.187809, "volume": 12200, "typical_volume": 5169.65, "trend": 38.437175, "fair_value": 30.48118, "relative_strength": 3.0487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.552739, "energy": 22.257424, "activity_lines": [ 39.725856, 40.18854, 39.941724, 39.406842 ] }, { "date": "2026-03-27", "close": 39.686001, "volume": 2100, "typical_volume": 5051.2, "trend": 38.621989, "fair_value": 30.57604, "relative_strength": 2.299828, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.062191, "energy": 24.477606, "activity_lines": [ 39.575734, 40.076221, 39.954142, 39.487412 ] }, { "date": "2026-04-03", "close": 40.259998, "volume": 200, "typical_volume": 5032.7, "trend": 38.814157, "fair_value": 30.676157, "relative_strength": 0.192489, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.017848, "energy": 21.233085, "activity_lines": [ 39.742489, 40.076235, 40.014014, 39.59309 ] }, { "date": "2026-04-10", "close": 42.16, "volume": 8000, "typical_volume": 5009.45, "trend": 39.048179, "fair_value": 30.788453, "relative_strength": 3.008563, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.480938, "energy": 40.243146, "activity_lines": [ 40.591329, 40.409638, 40.245788, 39.80895 ] }, { "date": "2026-04-17", "close": 43.34, "volume": 2900, "typical_volume": 5068.85, "trend": 39.300401, "fair_value": 30.908754, "relative_strength": 3.73959, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.985642, "energy": 78.262641, "activity_lines": [ 41.64532, 40.917858, 40.56782, 40.085842 ] }, { "date": "2026-04-24", "close": 44.360001, "volume": 2600, "typical_volume": 5108.55, "trend": 39.56757, "fair_value": 31.035216, "relative_strength": 7.343623, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.090067, "energy": 92.108142, "activity_lines": [ 42.789733, 41.577524, 40.965067, 40.412268 ] }, { "date": "2026-05-01", "close": 45.690453, "volume": 9500, "typical_volume": 5493.25, "trend": 39.847773, "fair_value": 31.174748, "relative_strength": 10.310459, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.562794, "energy": 96.467746, "activity_lines": [ 44.032818, 42.421464, 41.464724, 40.807293 ] }, { "date": "2026-05-08", "close": 49.795219, "volume": 2300, "typical_volume": 5584.5, "trend": 40.298551, "fair_value": 31.342107, "relative_strength": 19.069715, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.628848, "energy": 99.28241, "activity_lines": [ 46.243861, 43.936793, 42.325025, 41.449063 ] }, { "date": "2026-05-15", "close": 49.36681, "volume": 6900, "typical_volume": 5920.0, "trend": 40.715216, "fair_value": 31.50407, "relative_strength": 18.436789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.231546, "energy": 96.784887, "activity_lines": [ 47.676419, 45.214157, 43.093946, 42.034112 ] }, { "date": "2026-05-22", "close": 51.777863, "volume": 5200, "typical_volume": 5770.0, "trend": 41.19207, "fair_value": 31.683255, "relative_strength": 21.317745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.553102, "energy": 97.581178, "activity_lines": [ 49.432208, 46.747539, 44.045443, 42.747831 ] }, { "date": "2026-05-29", "close": 54.716953, "volume": 5900, "typical_volume": 5515.0, "trend": 41.742191, "fair_value": 31.881848, "relative_strength": 26.312003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 95.657873, "energy": 98.330643, "activity_lines": [ 51.605169, 48.593819, 45.212203, 43.620405 ] }, { "date": "2026-06-05", "close": 54.109211, "volume": 8900, "typical_volume": 5895.0, "trend": 42.273445, "fair_value": 32.071877, "relative_strength": 25.427091, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.353427, "energy": 94.204445, "activity_lines": [ 52.885086, 50.047252, 46.250267, 44.418277 ] }, { "date": "2026-06-12", "close": 55.494072, "volume": 800, "typical_volume": 5480.0, "trend": 42.844598, "fair_value": 32.268512, "relative_strength": 25.894492, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.414394, "energy": 94.678919, "activity_lines": [ 54.065373, 51.490237, 47.353628, 45.271221 ] }, { "date": "2026-06-19", "close": 55.922482, "volume": 2300, "typical_volume": 5315.0, "trend": 43.458214, "fair_value": 32.472246, "relative_strength": 25.932651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.474222, "energy": 93.100976, "activity_lines": [ 55.00854, 52.734133, 48.422086, 46.114955 ] }, { "date": "2026-06-26", "close": 56.051998, "volume": 4100, "typical_volume": 5265.0, "trend": 44.03544, "fair_value": 32.672504, "relative_strength": 25.42371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.462528, "energy": 89.889354, "activity_lines": [ 55.557834, 53.751349, 49.426938, 46.927457 ] }, { "date": "2026-07-03", "close": 54.955002, "volume": 300, "typical_volume": 4580.0, "trend": 44.558702, "fair_value": 32.866301, "relative_strength": 21.400383, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.450382, "energy": 68.518634, "activity_lines": [ 55.45652, 54.337985, 50.257874, 47.631945 ] }, { "date": "2026-07-10", "close": 55.439999, "volume": 50600, "typical_volume": 6865.0, "trend": 45.095695, "fair_value": 33.061556, "relative_strength": 21.635276, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.890569, "energy": 67.507704, "activity_lines": [ 55.501002, 54.820165, 51.069456, 48.333964 ] }, { "date": "2026-07-17", "close": 53.810001, "volume": 16600, "typical_volume": 7585.0, "trend": 45.583574, "fair_value": 33.243502, "relative_strength": 17.615528, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.494193, "energy": 64.509721, "activity_lines": [ 54.913432, 54.828718, 51.659748, 48.896178 ] }, { "date": "2026-07-24", "close": 55.349998, "volume": 17000, "typical_volume": 8205.0, "trend": 46.112348, "fair_value": 33.433922, "relative_strength": 19.96107, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.300585, "energy": 59.816624, "activity_lines": [ 54.951466, 55.044274, 52.335664, 49.526269 ] }, { "date": "2026-07-31", "close": 54.68, "volume": 11400, "typical_volume": 8490.0, "trend": 46.661635, "fair_value": 33.620047, "relative_strength": 18.349461, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.810621, "energy": 55.514324, "activity_lines": [ 54.804333, 55.029227, 52.871521, 50.079021 ] }, { "date": "2026-08-07", "close": 55.830002, "volume": 18800, "typical_volume": 8820.0, "trend": 47.194455, "fair_value": 33.814116, "relative_strength": 16.395752, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.39441, "energy": 59.075176, "activity_lines": [ 55.132, 55.170506, 53.445074, 50.670529 ] } ], "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." } } }