{ "ticker": { "uuid": "6a9c2912-c4bd-4e39-a334-a028ab3a1d63", "symbol": "EDV", "name": "Endeavour Mining plc", "exchange": "TOR", "country": "CA", "assetType": "equity" }, "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": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 88.97, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.273, "architecture_energy": 46.726, "architecture_maturity": 8.278, "architecture_confidence": 88.539, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 28.51, "rotation_up": 17.97, "upward_expansion": 7.45, "deceleration": 45.51, "rotation_down": 57.2, "downward_expansion": 80.78 }, "activity_lines": [ 69.859331, 70.521999, 74.49719, 76.752939 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 76.529999, "trend_reference": 78.773146, "distance_from_trend": -0.028476, "trend_direction": "Improving", "fair_value": 42.673404, "distance_from_fair_value": 0.793389, "fair_value_direction": "Weakening", "relative_strength": -2.211804, "relative_strength_direction": "Weakening", "price_momentum": -0.010225, "excess_performance": -0.130646, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.028476, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.030087, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.793389, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.516208, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.022118, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.337649, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.010225, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.458823, "read": "Supply-led" } ], "volume": { "latest": 1882300, "relative_activity": 0.953684, "balance": 0.458823, "dry_up": 1.015205, "accumulation_observations": 0, "distribution_observations": 3 }, "risk": { "range_context": 0.095237, "annualized_volatility": 0.619243, "from_high_reference": -0.214076, "from_low_reference": 0.779182 }, "levels": { "trend_reference": 78.773146, "fair_value_reference": 42.673404, "structural_low": 63.32, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.080634, "positive_rate": 0.692308, "directional_follow_through": 0.307692, "median_excess_return": 0.049582, "regime_survival": 0.692308, "best_return": 0.219114, "worst_return": -0.081641, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.297054, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.253962, "regime_survival": 0.2, "best_return": 0.368421, "worst_return": 0.003504, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.222989, "positive_rate": 0.75, "directional_follow_through": 0.25, "median_excess_return": 0.158934, "regime_survival": 0.25, "best_return": 0.612666, "worst_return": -0.01524, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.395064, "positive_rate": 1.0, "directional_follow_through": 0.0, "median_excess_return": 0.312642, "regime_survival": 0.0, "best_return": 1.89307, "worst_return": 0.056413, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": -0.00863, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-09-13", "end": "2024-09-20", "tenure": "New", "return": -0.015902, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-11-29", "tenure": "Developing", "return": -0.148488, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-06", "end": "2024-12-20", "tenure": "New", "return": -0.021045, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-27", "end": "2025-02-07", "tenure": "Developing", "return": 0.17638, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-02-14", "end": "2025-04-11", "tenure": "Developing", "return": 0.211624, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-04-18", "end": "2025-07-11", "tenure": "Established", "return": 0.048096, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": 0.118966, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2026-03-27", "tenure": "Extended", "return": 0.727922, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.0791, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-05-29", "tenure": "Developing", "return": 0.042728, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": 0.048549, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-26", "end": "2026-07-17", "tenure": "New", "return": -0.083215, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.141898, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.524984, "volume": 1850000, "typical_volume": 2321065.0, "trend": 28.412383, "fair_value": 25.37341, "relative_strength": -6.427549, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.715693, "energy": 70.919667, "activity_lines": [ 26.066876, 27.072502, 28.31842, 28.561109 ] }, { "date": "2023-08-25", "close": 25.263313, "volume": 1247800, "typical_volume": 2242875.0, "trend": 28.336094, "fair_value": 25.343945, "relative_strength": -3.865098, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.401457, "energy": 69.915739, "activity_lines": [ 25.537888, 26.619154, 27.933794, 28.357944 ] }, { "date": "2023-09-01", "close": 25.228291, "volume": 1325400, "typical_volume": 2123720.0, "trend": 28.269394, "fair_value": 25.317253, "relative_strength": -7.412706, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -68.304566, "energy": 82.015244, "activity_lines": [ 25.2635, 26.247907, 27.574807, 28.15744 ] }, { "date": "2023-09-08", "close": 24.257975, "volume": 1226700, "typical_volume": 2041945.0, "trend": 28.195643, "fair_value": 25.284393, "relative_strength": -8.91343, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.076821, "energy": 85.925241, "activity_lines": [ 24.857778, 25.757, 27.155387, 27.898639 ] }, { "date": "2023-09-15", "close": 25.110405, "volume": 3098800, "typical_volume": 2088300.0, "trend": 28.17211, "fair_value": 25.252475, "relative_strength": -8.333164, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.903952, "energy": 71.005383, "activity_lines": [ 24.888027, 25.49354, 26.851549, 27.699591 ] }, { "date": "2023-09-22", "close": 24.711393, "volume": 1364700, "typical_volume": 2020585.0, "trend": 28.172394, "fair_value": 25.235882, "relative_strength": -6.081937, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.711729, "energy": 67.492163, "activity_lines": [ 24.832827, 25.206408, 26.537886, 27.476319 ] }, { "date": "2023-09-29", "close": 24.140085, "volume": 1852100, "typical_volume": 2022045.0, "trend": 28.111231, "fair_value": 25.215365, "relative_strength": -7.173427, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.998979, "energy": 60.291104, "activity_lines": [ 24.574764, 24.889646, 26.200568, 27.21617 ] }, { "date": "2023-10-06", "close": 23.441816, "volume": 1273400, "typical_volume": 1996745.0, "trend": 28.068899, "fair_value": 25.187899, "relative_strength": -8.55599, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.275398, "energy": 61.870364, "activity_lines": [ 24.158826, 24.538968, 25.827512, 26.914918 ] }, { "date": "2023-10-13", "close": 25.228291, "volume": 959900, "typical_volume": 1922690.0, "trend": 28.002498, "fair_value": 25.164047, "relative_strength": -2.961866, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.613322, "energy": 51.434467, "activity_lines": [ 24.457478, 24.597978, 25.654705, 26.731653 ] }, { "date": "2023-10-20", "close": 26.842466, "volume": 1536000, "typical_volume": 1748175.0, "trend": 27.974483, "fair_value": 25.156539, "relative_strength": 4.688084, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.433318, "energy": 31.705062, "activity_lines": [ 25.2295, 24.974239, 25.657187, 26.656812 ] }, { "date": "2023-10-27", "close": 25.790533, "volume": 1558400, "typical_volume": 1595810.0, "trend": 27.868409, "fair_value": 25.149967, "relative_strength": 2.212752, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.556717, "energy": 21.760264, "activity_lines": [ 25.535408, 25.140718, 25.580347, 26.515912 ] }, { "date": "2023-11-03", "close": 26.87874, "volume": 1795200, "typical_volume": 1532280.0, "trend": 27.719439, "fair_value": 25.138169, "relative_strength": 0.301469, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -17.578919, "energy": 23.056799, "activity_lines": [ 26.132109, 25.482042, 25.627932, 26.452062 ] }, { "date": "2023-11-10", "close": 25.690781, "volume": 1208200, "typical_volume": 1509125.0, "trend": 27.511003, "fair_value": 25.14011, "relative_strength": -3.496928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.782919, "energy": 18.948817, "activity_lines": [ 26.150246, 25.578002, 25.577857, 26.321181 ] }, { "date": "2023-11-17", "close": 26.824331, "volume": 1192400, "typical_volume": 1468780.0, "trend": 27.355771, "fair_value": 25.148476, "relative_strength": -2.064452, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.587911, "energy": 12.759946, "activity_lines": [ 26.396302, 25.871654, 25.648402, 26.27688 ] }, { "date": "2023-11-24", "close": 27.078247, "volume": 584900, "typical_volume": 1441795.0, "trend": 27.224125, "fair_value": 25.166149, "relative_strength": -0.991136, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 4.102426, "energy": 16.551673, "activity_lines": [ 26.620594, 26.164811, 25.749886, 26.258975 ] }, { "date": "2023-12-01", "close": 29.046085, "volume": 2080700, "typical_volume": 1456295.0, "trend": 27.153329, "fair_value": 25.196858, "relative_strength": 4.136593, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 40.238904, "energy": 44.41171, "activity_lines": [ 27.485114, 26.779977, 26.042214, 26.376521 ] }, { "date": "2023-12-08", "close": 26.679235, "volume": 1826700, "typical_volume": 1499625.0, "trend": 27.022616, "fair_value": 25.212657, "relative_strength": -3.876983, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.478686, "energy": 34.995075, "activity_lines": [ 27.343647, 26.885995, 26.107931, 26.345934 ] }, { "date": "2023-12-15", "close": 26.933149, "volume": 2868700, "typical_volume": 1588495.0, "trend": 26.928239, "fair_value": 25.224298, "relative_strength": -3.928635, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 17.102817, "energy": 28.051871, "activity_lines": [ 27.300118, 26.992012, 26.210107, 26.340162 ] }, { "date": "2023-12-22", "close": 27.250544, "volume": 1484100, "typical_volume": 1582075.0, "trend": 26.844739, "fair_value": 25.241445, "relative_strength": -4.439739, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 15.985081, "energy": 19.448888, "activity_lines": [ 27.279563, 27.092259, 26.348115, 26.360956 ] }, { "date": "2023-12-29", "close": 26.996632, "volume": 803900, "typical_volume": 1556900.0, "trend": 26.703849, "fair_value": 25.258701, "relative_strength": -5.657901, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.076709, "energy": 12.156478, "activity_lines": [ 27.145956, 27.109572, 26.458535, 26.370756 ] }, { "date": "2024-01-05", "close": 23.940577, "volume": 2912400, "typical_volume": 1610020.0, "trend": 26.496673, "fair_value": 25.251947, "relative_strength": -15.988122, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.007383, "energy": 16.736778, "activity_lines": [ 25.999105, 26.568436, 26.272317, 26.19248 ] }, { "date": "2024-01-12", "close": 22.897711, "volume": 4008900, "typical_volume": 1748075.0, "trend": 26.255625, "fair_value": 25.254657, "relative_strength": -19.518589, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -61.227275, "energy": 40.364566, "activity_lines": [ 24.845, 25.871323, 25.989562, 25.960289 ] }, { "date": "2024-01-19", "close": 21.455835, "volume": 1754500, "typical_volume": 1769530.0, "trend": 26.025817, "fair_value": 25.250317, "relative_strength": -23.875985, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.069851, "energy": 75.069909, "activity_lines": [ 23.462371, 24.984433, 25.58075, 25.650625 ] }, { "date": "2024-01-26", "close": 22.036213, "volume": 2993700, "typical_volume": 1857880.0, "trend": 25.818913, "fair_value": 25.246274, "relative_strength": -22.308584, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.722104, "energy": 78.314634, "activity_lines": [ 22.638355, 24.280065, 25.245175, 25.393231 ] }, { "date": "2024-02-02", "close": 21.102169, "volume": 2415400, "typical_volume": 1823710.0, "trend": 25.595701, "fair_value": 25.230411, "relative_strength": -25.126386, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.001472, "energy": 83.066174, "activity_lines": [ 21.850613, 23.492928, 24.831224, 25.088925 ] }, { "date": "2024-02-09", "close": 20.077438, "volume": 2235900, "typical_volume": 1867270.0, "trend": 25.305121, "fair_value": 25.217717, "relative_strength": -28.166694, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.196122, "energy": 86.910215, "activity_lines": [ 21.114259, 22.628133, 24.338767, 24.732908 ] }, { "date": "2024-02-16", "close": 19.823524, "volume": 2462100, "typical_volume": 1897770.0, "trend": 24.990658, "fair_value": 25.208477, "relative_strength": -29.564295, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.192892, "energy": 86.362036, "activity_lines": [ 20.550809, 21.880237, 23.844194, 24.379257 ] }, { "date": "2024-02-23", "close": 20.727961, "volume": 1708100, "typical_volume": 1919505.0, "trend": 24.744594, "fair_value": 25.210224, "relative_strength": -26.622326, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.305057, "energy": 77.200552, "activity_lines": [ 20.493784, 21.421434, 23.456312, 24.104244 ] }, { "date": "2024-03-01", "close": 21.964201, "volume": 2429700, "typical_volume": 1992995.0, "trend": 24.592222, "fair_value": 25.219147, "relative_strength": -22.473629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.232851, "energy": 54.591148, "activity_lines": [ 20.897364, 21.300223, 23.199091, 23.924864 ] }, { "date": "2024-03-08", "close": 23.888279, "volume": 3477300, "typical_volume": 2090060.0, "trend": 24.527707, "fair_value": 25.241795, "relative_strength": -16.215524, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.218407, "energy": 34.84931, "activity_lines": [ 21.947105, 21.62496, 23.140659, 23.879448 ] }, { "date": "2024-03-15", "close": 24.16713, "volume": 2380800, "typical_volume": 2131180.0, "trend": 24.515778, "fair_value": 25.254674, "relative_strength": -15.300869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.959161, "energy": 24.312592, "activity_lines": [ 22.904054, 22.056912, 23.122851, 23.856185 ] }, { "date": "2024-03-22", "close": 23.404936, "volume": 2016400, "typical_volume": 2142240.0, "trend": 24.453832, "fair_value": 25.271763, "relative_strength": -18.04719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.478149, "energy": 27.838532, "activity_lines": [ 23.334293, 22.346165, 23.040184, 23.784518 ] }, { "date": "2024-03-29", "close": 25.579977, "volume": 2394300, "typical_volume": 2201545.0, "trend": 24.465555, "fair_value": 25.293271, "relative_strength": -10.790643, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 1.641486, "energy": 23.024637, "activity_lines": [ 24.250785, 23.021657, 23.181206, 23.857172 ] }, { "date": "2024-04-05", "close": 27.20661, "volume": 2849900, "typical_volume": 2284420.0, "trend": 24.563843, "fair_value": 25.319375, "relative_strength": -5.066942, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 43.468905, "energy": 44.575845, "activity_lines": [ 25.38602, 23.917917, 23.477673, 24.034015 ] }, { "date": "2024-04-12", "close": 28.052462, "volume": 4111900, "typical_volume": 2460770.0, "trend": 24.661912, "fair_value": 25.345391, "relative_strength": -0.081829, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 46.731317, "energy": 65.016003, "activity_lines": [ 26.453712, 24.87396, 23.852877, 24.259087 ] }, { "date": "2024-04-19", "close": 27.829376, "volume": 2859200, "typical_volume": 2499695.0, "trend": 24.765844, "fair_value": 25.371314, "relative_strength": -0.088038, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.464506, "energy": 68.910997, "activity_lines": [ 27.16943, 25.663074, 24.202195, 24.463439 ] }, { "date": "2024-04-26", "close": 27.076479, "volume": 2206300, "typical_volume": 2518675.0, "trend": 24.863724, "fair_value": 25.407979, "relative_strength": -3.111576, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.840889, "energy": 65.688438, "activity_lines": [ 27.390032, 26.174353, 24.485603, 24.612512 ] }, { "date": "2024-05-03", "close": 26.481596, "volume": 2426300, "typical_volume": 2496555.0, "trend": 24.96505, "fair_value": 25.435, "relative_strength": -4.698379, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.083524, "energy": 49.522259, "activity_lines": [ 27.167571, 26.445599, 24.710463, 24.716891 ] }, { "date": "2024-05-10", "close": 27.262381, "volume": 1788900, "typical_volume": 2511795.0, "trend": 25.032853, "fair_value": 25.462371, "relative_strength": -3.071169, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.645897, "energy": 38.686283, "activity_lines": [ 27.145263, 26.754195, 25.011834, 24.865106 ] }, { "date": "2024-05-17", "close": 28.061754, "volume": 1916100, "typical_volume": 2567405.0, "trend": 25.073496, "fair_value": 25.490212, "relative_strength": -0.600497, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.471358, "energy": 38.323824, "activity_lines": [ 27.385694, 27.111801, 25.38928, 25.060519 ] }, { "date": "2024-05-24", "close": 27.020708, "volume": 2417100, "typical_volume": 2542640.0, "trend": 25.114502, "fair_value": 25.508276, "relative_strength": -3.249179, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.459439, "energy": 39.146092, "activity_lines": [ 27.278491, 27.204244, 25.662507, 25.186146 ] }, { "date": "2024-05-31", "close": 27.504051, "volume": 1502400, "typical_volume": 2417315.0, "trend": 25.135346, "fair_value": 25.526657, "relative_strength": -0.795151, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.461149, "energy": 41.276226, "activity_lines": [ 27.386314, 27.332684, 25.967098, 25.34031 ] }, { "date": "2024-06-07", "close": 27.31815, "volume": 2216800, "typical_volume": 2440430.0, "trend": 25.189591, "fair_value": 25.54069, "relative_strength": 0.132625, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.050514, "energy": 39.248871, "activity_lines": [ 27.403664, 27.352795, 26.23205, 25.481136 ] }, { "date": "2024-06-14", "close": 26.425825, "volume": 1597000, "typical_volume": 2370595.0, "trend": 25.176308, "fair_value": 25.552267, "relative_strength": -1.050619, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.686567, "energy": 27.594832, "activity_lines": [ 27.067803, 27.179062, 26.384103, 25.560893 ] }, { "date": "2024-06-21", "close": 26.946348, "volume": 3581500, "typical_volume": 2428900.0, "trend": 25.171911, "fair_value": 25.579431, "relative_strength": 1.62487, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.29803, "energy": 24.327663, "activity_lines": [ 26.96122, 27.114166, 26.564827, 25.675089 ] }, { "date": "2024-06-28", "close": 26.862692, "volume": 1964700, "typical_volume": 2415340.0, "trend": 25.099131, "fair_value": 25.604347, "relative_strength": 0.094453, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.959037, "energy": 20.622545, "activity_lines": [ 26.901112, 27.054171, 26.709754, 25.784172 ] }, { "date": "2024-07-05", "close": 28.879719, "volume": 1784200, "typical_volume": 2381445.0, "trend": 25.172481, "fair_value": 25.639464, "relative_strength": 6.871579, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.929407, "energy": 36.410401, "activity_lines": [ 27.52388, 27.378483, 27.014468, 26.028081 ] }, { "date": "2024-07-12", "close": 29.920763, "volume": 1885100, "typical_volume": 2390295.0, "trend": 25.272068, "fair_value": 25.678419, "relative_strength": 7.895071, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.785462, "energy": 61.808949, "activity_lines": [ 28.401953, 27.859291, 27.375204, 26.334422 ] }, { "date": "2024-07-19", "close": 28.879719, "volume": 2117700, "typical_volume": 2374695.0, "trend": 25.326374, "fair_value": 25.712145, "relative_strength": 4.311325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.193132, "energy": 64.176456, "activity_lines": [ 28.759502, 28.088287, 27.593018, 26.567173 ] }, { "date": "2024-07-26", "close": 28.071049, "volume": 1573200, "typical_volume": 2279490.0, "trend": 25.362188, "fair_value": 25.733145, "relative_strength": 1.059868, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.799419, "energy": 59.886174, "activity_lines": [ 28.683903, 28.140846, 27.700885, 26.744249 ] }, { "date": "2024-08-02", "close": 27.411098, "volume": 3025800, "typical_volume": 2311740.0, "trend": 25.477872, "fair_value": 25.751037, "relative_strength": 1.416048, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.238617, "energy": 36.939447, "activity_lines": [ 28.313339, 28.073246, 27.725981, 26.876437 ] }, { "date": "2024-08-09", "close": 25.087337, "volume": 2304400, "typical_volume": 2326140.0, "trend": 25.550859, "fair_value": 25.754996, "relative_strength": -7.323028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.124014, "energy": 10.512143, "activity_lines": [ 27.131628, 27.576045, 27.51432, 26.851241 ] }, { "date": "2024-08-16", "close": 25.849533, "volume": 1863100, "typical_volume": 2299580.0, "trend": 25.697316, "fair_value": 25.770796, "relative_strength": -7.415501, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.00474, "energy": 16.124328, "activity_lines": [ 26.456808, 27.261365, 27.367237, 26.87051 ] }, { "date": "2024-08-23", "close": 27.234493, "volume": 2086400, "typical_volume": 2261405.0, "trend": 25.870592, "fair_value": 25.78226, "relative_strength": -3.264928, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.350861, "energy": 18.456148, "activity_lines": [ 26.515057, 27.225199, 27.350771, 26.969683 ] }, { "date": "2024-08-30", "close": 26.407236, "volume": 1298800, "typical_volume": 2120750.0, "trend": 26.047428, "fair_value": 25.78612, "relative_strength": -6.300459, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.745117, "energy": 17.929758, "activity_lines": [ 26.407235, 27.023919, 27.255386, 27.004305 ] }, { "date": "2024-09-06", "close": 25.626451, "volume": 1644200, "typical_volume": 2060000.0, "trend": 26.232395, "fair_value": 25.790348, "relative_strength": -6.692439, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.413331, "energy": 26.019613, "activity_lines": [ 26.150072, 26.69048, 27.093475, 26.977146 ] }, { "date": "2024-09-13", "close": 31.554209, "volume": 2448800, "typical_volume": 2072125.0, "trend": 26.623417, "fair_value": 25.831005, "relative_strength": 10.838783, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 56.355322, "energy": 30.037131, "activity_lines": [ 27.987805, 27.457293, 27.506603, 27.320488 ] }, { "date": "2024-09-20", "close": 31.052443, "volume": 3189500, "typical_volume": 2110285.0, "trend": 26.967567, "fair_value": 25.870719, "relative_strength": 7.622531, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 67.191198, "energy": 55.421644, "activity_lines": [ 29.227158, 28.084248, 27.850621, 27.606232 ] }, { "date": "2024-09-27", "close": 30.986172, "volume": 3246100, "typical_volume": 2183145.0, "trend": 27.268299, "fair_value": 25.912985, "relative_strength": 6.893321, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.900254, "energy": 66.696756, "activity_lines": [ 30.09756, 28.678578, 28.166561, 27.865497 ] }, { "date": "2024-10-04", "close": 29.973181, "volume": 1589100, "typical_volume": 2166795.0, "trend": 27.471129, "fair_value": 25.94275, "relative_strength": 2.48068, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.884863, "energy": 68.216715, "activity_lines": [ 30.380186, 29.050429, 28.368294, 28.040005 ] }, { "date": "2024-10-11", "close": 29.840641, "volume": 3039400, "typical_volume": 2197910.0, "trend": 27.660246, "fair_value": 25.963438, "relative_strength": 0.864793, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.979484, "energy": 64.329285, "activity_lines": [ 30.380903, 29.363597, 28.548302, 28.192877 ] }, { "date": "2024-10-18", "close": 32.131706, "volume": 1909700, "typical_volume": 2218275.0, "trend": 27.951139, "fair_value": 25.998325, "relative_strength": 7.259032, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.558063, "energy": 63.044556, "activity_lines": [ 30.864362, 30.049149, 28.933078, 28.481358 ] }, { "date": "2024-10-25", "close": 31.061913, "volume": 2438900, "typical_volume": 2229380.0, "trend": 28.13387, "fair_value": 26.027275, "relative_strength": 5.387899, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.565226, "energy": 43.986337, "activity_lines": [ 30.952723, 30.412114, 29.193932, 28.682053 ] }, { "date": "2024-11-01", "close": 29.386217, "volume": 2389000, "typical_volume": 2268980.0, "trend": 28.206523, "fair_value": 26.037094, "relative_strength": 0.791688, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.300682, "energy": 35.865008, "activity_lines": [ 30.481888, 30.375636, 29.27737, 28.76285 ] }, { "date": "2024-11-08", "close": 28.912855, "volume": 3143300, "typical_volume": 2247070.0, "trend": 28.235203, "fair_value": 26.040847, "relative_strength": -2.634263, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.256908, "energy": 25.914041, "activity_lines": [ 29.959929, 30.213971, 29.301628, 28.80842 ] }, { "date": "2024-11-15", "close": 25.514128, "volume": 2483100, "typical_volume": 2272990.0, "trend": 28.158028, "fair_value": 26.025304, "relative_strength": -14.113592, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 1.877206, "energy": 13.504063, "activity_lines": [ 28.37575, 29.388798, 28.992833, 28.632867 ] }, { "date": "2024-11-22", "close": 26.59339, "volume": 2311000, "typical_volume": 2299330.0, "trend": 28.141925, "fair_value": 26.03362, "relative_strength": -12.000312, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -20.318357, "energy": 27.96736, "activity_lines": [ 27.439758, 28.761897, 28.793247, 28.531922 ] }, { "date": "2024-11-29", "close": 26.385111, "volume": 1592900, "typical_volume": 2284720.0, "trend": 28.138709, "fair_value": 26.048611, "relative_strength": -12.830513, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -22.677778, "energy": 32.569075, "activity_lines": [ 26.803562, 28.187323, 28.584712, 28.418579 ] }, { "date": "2024-12-06", "close": 25.192242, "volume": 1929600, "typical_volume": 2275315.0, "trend": 28.069704, "fair_value": 26.063532, "relative_strength": -16.461862, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.094978, "energy": 50.686298, "activity_lines": [ 26.081529, 27.480725, 28.279407, 28.228485 ] }, { "date": "2024-12-13", "close": 25.144907, "volume": 2843200, "typical_volume": 2338815.0, "trend": 27.972476, "fair_value": 26.079612, "relative_strength": -14.798884, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.608198, "energy": 62.365532, "activity_lines": [ 25.623316, 26.870865, 27.987154, 28.039788 ] }, { "date": "2024-12-20", "close": 24.662079, "volume": 3126200, "typical_volume": 2343835.0, "trend": 27.893855, "fair_value": 26.08805, "relative_strength": -13.712733, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.701211, "energy": 72.674303, "activity_lines": [ 25.255357, 26.261005, 27.66285, 27.826214 ] }, { "date": "2024-12-27", "close": 24.690479, "volume": 701800, "typical_volume": 2263705.0, "trend": 27.80007, "fair_value": 26.096237, "relative_strength": -13.882588, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.570872, "energy": 71.584785, "activity_lines": [ 24.953668, 25.750463, 27.354342, 27.619545 ] }, { "date": "2025-01-03", "close": 25.372118, "volume": 1093100, "typical_volume": 2225205.0, "trend": 27.735202, "fair_value": 26.114856, "relative_strength": -12.291262, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.331787, "energy": 59.006615, "activity_lines": [ 25.006053, 25.499152, 27.112642, 27.462903 ] }, { "date": "2025-01-10", "close": 25.0597, "volume": 1408000, "typical_volume": 2191285.0, "trend": 27.689664, "fair_value": 26.126167, "relative_strength": -12.185912, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.186938, "energy": 46.531332, "activity_lines": [ 25.021832, 25.294488, 26.843462, 27.29029 ] }, { "date": "2025-01-17", "close": 25.50466, "volume": 1890700, "typical_volume": 2220880.0, "trend": 27.641608, "fair_value": 26.137246, "relative_strength": -11.683928, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.881347, "energy": 40.367183, "activity_lines": [ 25.194766, 25.249389, 26.627014, 27.149322 ] }, { "date": "2025-01-24", "close": 26.583921, "volume": 1478600, "typical_volume": 2212600.0, "trend": 27.632316, "fair_value": 26.155947, "relative_strength": -9.395674, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.675548, "energy": 26.823795, "activity_lines": [ 25.703471, 25.462487, 26.517651, 27.081084 ] }, { "date": "2025-01-31", "close": 28.297485, "volume": 2218800, "typical_volume": 2201100.0, "trend": 27.612908, "fair_value": 26.176973, "relative_strength": -3.971701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -15.111132, "energy": 16.139513, "activity_lines": [ 26.65524, 25.967692, 26.566926, 27.123998 ] }, { "date": "2025-02-07", "close": 29.045395, "volume": 2295200, "typical_volume": 2156385.0, "trend": 27.583729, "fair_value": 26.193021, "relative_strength": -1.389771, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 19.612815, "energy": 26.482211, "activity_lines": [ 27.615847, 26.577896, 26.702938, 27.216416 ] }, { "date": "2025-02-14", "close": 29.414616, "volume": 2236400, "typical_volume": 2105900.0, "trend": 27.601559, "fair_value": 26.201962, "relative_strength": -0.659936, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 34.629777, "energy": 40.776882, "activity_lines": [ 28.454641, 27.206863, 26.883671, 27.334538 ] }, { "date": "2025-02-21", "close": 30.134127, "volume": 1758600, "typical_volume": 2114375.0, "trend": 27.670328, "fair_value": 26.214695, "relative_strength": 2.738989, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.092787, "energy": 60.315165, "activity_lines": [ 29.242945, 27.88988, 27.140413, 27.49793 ] }, { "date": "2025-02-28", "close": 27.142487, "volume": 3661200, "typical_volume": 2145465.0, "trend": 27.661374, "fair_value": 26.203267, "relative_strength": -8.434113, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.57827, "energy": 43.44441, "activity_lines": [ 28.725404, 27.938249, 27.11147, 27.463875 ] }, { "date": "2025-03-07", "close": 29.149538, "volume": 3444800, "typical_volume": 2222220.0, "trend": 27.796781, "fair_value": 26.208921, "relative_strength": 0.727525, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.597488, "energy": 39.507844, "activity_lines": [ 28.839643, 28.306438, 27.286524, 27.559886 ] }, { "date": "2025-03-14", "close": 30.645281, "volume": 2796500, "typical_volume": 2240100.0, "trend": 27.956639, "fair_value": 26.225204, "relative_strength": 6.533072, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.161601, "energy": 34.894112, "activity_lines": [ 29.395659, 28.865506, 27.61823, 27.74366 ] }, { "date": "2025-03-21", "close": 31.859821, "volume": 3366100, "typical_volume": 2288955.0, "trend": 28.110817, "fair_value": 26.260607, "relative_strength": 8.537338, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.924062, "energy": 42.585895, "activity_lines": [ 30.249863, 29.549524, 28.06759, 27.995478 ] }, { "date": "2025-03-28", "close": 32.967484, "volume": 2350600, "typical_volume": 2249320.0, "trend": 28.329492, "fair_value": 26.29884, "relative_strength": 12.932238, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 55.099527, "energy": 68.774356, "activity_lines": [ 31.310274, 30.311297, 28.610663, 28.308812 ] }, { "date": "2025-04-04", "close": 30.946486, "volume": 2913900, "typical_volume": 2270860.0, "trend": 28.506826, "fair_value": 26.318313, "relative_strength": 12.958535, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.987534, "energy": 60.893873, "activity_lines": [ 31.508129, 30.569928, 28.941953, 28.47765 ] }, { "date": "2025-04-11", "close": 35.639469, "volume": 3704200, "typical_volume": 2340520.0, "trend": 28.643002, "fair_value": 26.360532, "relative_strength": 27.436731, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 85.559526, "energy": 82.235487, "activity_lines": [ 33.016711, 31.602509, 29.694324, 28.93782 ] }, { "date": "2025-04-18", "close": 38.787552, "volume": 3107100, "typical_volume": 2416230.0, "trend": 28.900839, "fair_value": 26.427311, "relative_strength": 34.511319, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.152468, "energy": 90.155449, "activity_lines": [ 35.141992, 33.073979, 30.703437, 29.592308 ] }, { "date": "2025-04-25", "close": 36.494507, "volume": 2695000, "typical_volume": 2454500.0, "trend": 29.08445, "fair_value": 26.489084, "relative_strength": 23.421088, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.657583, "energy": 79.709733, "activity_lines": [ 35.960107, 33.951401, 31.435105, 30.082222 ] }, { "date": "2025-05-02", "close": 37.932522, "volume": 2617600, "typical_volume": 2443220.0, "trend": 29.349761, "fair_value": 26.553284, "relative_strength": 26.013862, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.087056, "energy": 86.642746, "activity_lines": [ 36.948581, 34.961555, 32.249906, 30.653065 ] }, { "date": "2025-05-09", "close": 40.68224, "volume": 3651300, "typical_volume": 2469475.0, "trend": 29.711148, "fair_value": 26.655044, "relative_strength": 32.59939, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.891012, "energy": 90.546914, "activity_lines": [ 38.522625, 36.329868, 33.265693, 31.384193 ] }, { "date": "2025-05-16", "close": 37.330105, "volume": 3191300, "typical_volume": 2593950.0, "trend": 29.884428, "fair_value": 26.731318, "relative_strength": 18.441721, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.897998, "energy": 61.212028, "activity_lines": [ 38.330241, 36.842526, 33.885941, 31.875738 ] }, { "date": "2025-05-23", "close": 41.05146, "volume": 1831600, "typical_volume": 2630875.0, "trend": 30.217413, "fair_value": 26.833473, "relative_strength": 29.937885, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.02189, "energy": 65.377284, "activity_lines": [ 39.265599, 37.883055, 34.800416, 32.596192 ] }, { "date": "2025-05-30", "close": 40.876564, "volume": 1771500, "typical_volume": 2649050.0, "trend": 30.600424, "fair_value": 26.929305, "relative_strength": 27.270841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.518926, "energy": 64.231119, "activity_lines": [ 39.991732, 38.702583, 35.62357, 33.283879 ] }, { "date": "2025-06-06", "close": 41.138908, "volume": 3147200, "typical_volume": 2711875.0, "trend": 31.007959, "fair_value": 27.024683, "relative_strength": 26.232995, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.785497, "energy": 61.128751, "activity_lines": [ 40.513175, 39.405868, 36.396391, 33.963781 ] }, { "date": "2025-06-13", "close": 42.985012, "volume": 3350300, "typical_volume": 2805460.0, "trend": 31.590322, "fair_value": 27.145311, "relative_strength": 30.706363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.70548, "energy": 66.000766, "activity_lines": [ 41.436227, 40.296237, 37.270583, 34.736494 ] }, { "date": "2025-06-20", "close": 40.759972, "volume": 4029500, "typical_volume": 2895995.0, "trend": 32.062542, "fair_value": 27.256112, "relative_strength": 23.421254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.308439, "energy": 56.671395, "activity_lines": [ 41.464081, 40.563171, 37.854766, 35.328085 ] }, { "date": "2025-06-27", "close": 39.81749, "volume": 3138600, "typical_volume": 2938165.0, "trend": 32.510288, "fair_value": 27.365525, "relative_strength": 19.202842, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.975185, "energy": 49.611524, "activity_lines": [ 40.949117, 40.565645, 38.289843, 35.828404 ] }, { "date": "2025-07-04", "close": 40.934864, "volume": 2001400, "typical_volume": 2926415.0, "trend": 33.035042, "fair_value": 27.487687, "relative_strength": 20.545413, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.072247, "energy": 46.51655, "activity_lines": [ 40.888875, 40.752552, 38.780042, 36.371925 ] }, { "date": "2025-07-11", "close": 40.653088, "volume": 2944000, "typical_volume": 2985685.0, "trend": 33.551981, "fair_value": 27.611931, "relative_strength": 19.49972, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.929524, "energy": 37.039334, "activity_lines": [ 40.730821, 40.807492, 39.188546, 36.863412 ] }, { "date": "2025-07-18", "close": 39.448265, "volume": 2131200, "typical_volume": 2909185.0, "trend": 34.044854, "fair_value": 27.730368, "relative_strength": 14.424283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.583839, "energy": 30.850843, "activity_lines": [ 40.203548, 40.59391, 39.432215, 37.243817 ] }, { "date": "2025-07-25", "close": 40.818268, "volume": 2228400, "typical_volume": 2848365.0, "trend": 34.582447, "fair_value": 27.853699, "relative_strength": 17.167468, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.09478, "energy": 32.058965, "activity_lines": [ 40.368725, 40.651854, 39.747761, 37.680812 ] }, { "date": "2025-08-01", "close": 41.012592, "volume": 3082900, "typical_volume": 2862685.0, "trend": 35.103796, "fair_value": 27.9682, "relative_strength": 19.27517, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.677573, "energy": 30.776861, "activity_lines": [ 40.594791, 40.681709, 40.026249, 38.09566 ] }, { "date": "2025-08-08", "close": 44.141251, "volume": 2254100, "typical_volume": 2807085.0, "trend": 35.739848, "fair_value": 28.099251, "relative_strength": 24.086368, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.876737, "energy": 46.752574, "activity_lines": [ 41.78407, 41.281118, 40.553336, 38.678721 ] }, { "date": "2025-08-15", "close": 44.724228, "volume": 1349200, "typical_volume": 2757015.0, "trend": 36.3805, "fair_value": 28.238859, "relative_strength": 24.16667, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.334378, "energy": 64.312014, "activity_lines": [ 42.953915, 41.927165, 41.077462, 39.258359 ] }, { "date": "2025-08-22", "close": 46.269123, "volume": 1853000, "typical_volume": 2703970.0, "trend": 37.036673, "fair_value": 28.388699, "relative_strength": 25.649439, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.412515, "energy": 81.018323, "activity_lines": [ 44.367315, 42.788914, 41.692737, 39.896335 ] }, { "date": "2025-08-29", "close": 46.395439, "volume": 2702100, "typical_volume": 2653865.0, "trend": 37.639938, "fair_value": 28.543482, "relative_strength": 24.066557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.34005, "energy": 84.124517, "activity_lines": [ 45.368098, 43.613918, 42.247076, 40.500126 ] }, { "date": "2025-09-05", "close": 50.291679, "volume": 2761500, "typical_volume": 2636585.0, "trend": 38.348148, "fair_value": 28.715303, "relative_strength": 31.067915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.542203, "energy": 93.121972, "activity_lines": [ 47.295815, 45.044867, 43.121267, 41.316367 ] }, { "date": "2025-09-12", "close": 51.79771, "volume": 3263200, "typical_volume": 2664995.0, "trend": 39.094251, "fair_value": 28.906953, "relative_strength": 33.084654, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.529719, "energy": 95.107783, "activity_lines": [ 49.106937, 46.5592, 44.084108, 42.184081 ] }, { "date": "2025-09-19", "close": 52.196083, "volume": 6286300, "typical_volume": 2848430.0, "trend": 39.82965, "fair_value": 29.105182, "relative_strength": 31.067177, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.512134, "energy": 92.246812, "activity_lines": [ 50.54042, 47.948458, 45.012017, 43.02936 ] }, { "date": "2025-09-26", "close": 56.012535, "volume": 3885300, "typical_volume": 2860130.0, "trend": 40.791985, "fair_value": 29.321781, "relative_strength": 39.503606, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.062647, "energy": 95.953893, "activity_lines": [ 52.747929, 49.821744, 46.235476, 44.073417 ] }, { "date": "2025-10-03", "close": 57.886856, "volume": 3393400, "typical_volume": 2870235.0, "trend": 41.749895, "fair_value": 29.55498, "relative_strength": 39.49976, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.526583, "energy": 95.439828, "activity_lines": [ 54.930651, 51.734646, 47.56444, 45.176312 ] }, { "date": "2025-10-10", "close": 57.24564, "volume": 3519300, "typical_volume": 2954620.0, "trend": 42.636574, "fair_value": 29.793014, "relative_strength": 39.448379, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.98066, "energy": 88.251123, "activity_lines": [ 56.13354, 53.220626, 48.734447, 46.176038 ] }, { "date": "2025-10-17", "close": 62.29644, "volume": 4103500, "typical_volume": 3071220.0, "trend": 43.651128, "fair_value": 30.057443, "relative_strength": 48.841366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.147404, "energy": 90.308641, "activity_lines": [ 58.556432, 55.329787, 50.308367, 47.444416 ] }, { "date": "2025-10-24", "close": 57.886856, "volume": 3637000, "typical_volume": 3095710.0, "trend": 44.481773, "fair_value": 30.291033, "relative_strength": 35.992116, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.675425, "energy": 67.00384, "activity_lines": [ 58.809547, 56.307112, 51.360328, 48.36285 ] }, { "date": "2025-10-31", "close": 55.430511, "volume": 4106300, "typical_volume": 3133510.0, "trend": 45.297908, "fair_value": 30.510443, "relative_strength": 29.517551, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.092756, "energy": 63.356003, "activity_lines": [ 57.864496, 56.598507, 52.098598, 49.069221 ] }, { "date": "2025-11-07", "close": 54.720245, "volume": 2491400, "typical_volume": 3056605.0, "trend": 45.933933, "fair_value": 30.711155, "relative_strength": 28.194348, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.643306, "energy": 54.733879, "activity_lines": [ 56.72149, 56.594192, 52.70996, 49.677113 ] }, { "date": "2025-11-14", "close": 59.642796, "volume": 4104800, "typical_volume": 3104915.0, "trend": 46.629108, "fair_value": 30.943645, "relative_strength": 36.090714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.401133, "energy": 49.094769, "activity_lines": [ 57.430443, 57.333527, 53.723659, 50.561556 ] }, { "date": "2025-11-21", "close": 57.166725, "volume": 2587800, "typical_volume": 3134235.0, "trend": 47.318182, "fair_value": 31.153778, "relative_strength": 29.690598, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.767931, "energy": 36.669719, "activity_lines": [ 57.154228, 57.452647, 54.407135, 51.241402 ] }, { "date": "2025-11-28", "close": 63.30265, "volume": 2960400, "typical_volume": 3135055.0, "trend": 48.163853, "fair_value": 31.395473, "relative_strength": 36.246391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.727975, "energy": 52.404894, "activity_lines": [ 59.265303, 58.589771, 55.597691, 52.272658 ] }, { "date": "2025-12-05", "close": 63.125084, "volume": 2837500, "typical_volume": 3170370.0, "trend": 48.911948, "fair_value": 31.641675, "relative_strength": 34.366743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.175392, "energy": 56.620401, "activity_lines": [ 60.956135, 59.492672, 56.66348, 53.237899 ] }, { "date": "2025-12-12", "close": 65.078323, "volume": 2390400, "typical_volume": 3178470.0, "trend": 49.836889, "fair_value": 31.898275, "relative_strength": 35.715288, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.124139, "energy": 64.625535, "activity_lines": [ 62.785076, 60.621389, 57.802546, 54.280891 ] }, { "date": "2025-12-19", "close": 70.217903, "volume": 4570000, "typical_volume": 3252825.0, "trend": 50.809103, "fair_value": 32.185639, "relative_strength": 43.192006, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.250161, "energy": 84.53805, "activity_lines": [ 65.636672, 62.553821, 59.315571, 55.595795 ] }, { "date": "2025-12-26", "close": 71.431282, "volume": 1086400, "typical_volume": 3194440.0, "trend": 51.827594, "fair_value": 32.481509, "relative_strength": 42.36344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.768036, "energy": 88.376047, "activity_lines": [ 68.187721, 64.471008, 60.805083, 56.926258 ] }, { "date": "2026-01-02", "close": 67.110474, "volume": 1543800, "typical_volume": 3204170.0, "trend": 52.693313, "fair_value": 32.737884, "relative_strength": 32.464662, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.117834, "energy": 75.324006, "activity_lines": [ 68.347529, 65.436506, 61.753137, 57.91225 ] }, { "date": "2026-01-09", "close": 71.520058, "volume": 4595000, "typical_volume": 3341270.0, "trend": 53.644481, "fair_value": 33.016041, "relative_strength": 36.065593, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.198742, "energy": 70.732748, "activity_lines": [ 69.723344, 67.036044, 63.014551, 59.126879 ] }, { "date": "2026-01-16", "close": 73.660728, "volume": 3906600, "typical_volume": 3401495.0, "trend": 54.741173, "fair_value": 33.303615, "relative_strength": 36.352326, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.691149, "energy": 64.632212, "activity_lines": [ 71.253051, 68.732257, 64.359595, 60.41825 ] }, { "date": "2026-01-23", "close": 80.24057, "volume": 2619900, "typical_volume": 3394415.0, "trend": 56.088609, "fair_value": 33.641362, "relative_strength": 45.704356, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.096658, "energy": 72.764587, "activity_lines": [ 74.403878, 71.280433, 66.201456, 62.063372 ] }, { "date": "2026-01-30", "close": 73.335182, "volume": 5469700, "typical_volume": 3504740.0, "trend": 57.168619, "fair_value": 33.936912, "relative_strength": 36.383791, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.867016, "energy": 57.70336, "activity_lines": [ 74.584731, 72.198579, 67.243047, 63.176055 ] }, { "date": "2026-02-06", "close": 77.32058, "volume": 3794600, "typical_volume": 3380155.0, "trend": 58.390869, "fair_value": 34.262874, "relative_strength": 39.398095, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.307019, "energy": 58.309845, "activity_lines": [ 75.967123, 73.547371, 68.561641, 64.476181 ] }, { "date": "2026-02-13", "close": 83.801773, "volume": 2695300, "typical_volume": 3320655.0, "trend": 59.869319, "fair_value": 34.634576, "relative_strength": 46.061226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.070045, "energy": 66.418761, "activity_lines": [ 78.82924, 75.81969, 70.377851, 66.115594 ] }, { "date": "2026-02-20", "close": 86.741501, "volume": 2503800, "typical_volume": 3276175.0, "trend": 61.400094, "fair_value": 35.032259, "relative_strength": 45.653036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.402776, "energy": 66.929831, "activity_lines": [ 81.852485, 78.250565, 72.341705, 67.849283 ] }, { "date": "2026-02-27", "close": 96.823364, "volume": 2708100, "typical_volume": 3235615.0, "trend": 63.260453, "fair_value": 35.486416, "relative_strength": 57.104863, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.047319, "energy": 92.766971, "activity_lines": [ 87.364299, 82.12063, 75.128333, 70.134656 ] }, { "date": "2026-03-06", "close": 84.610695, "volume": 3654700, "typical_volume": 3213175.0, "trend": 64.609434, "fair_value": 35.870383, "relative_strength": 40.425301, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.183332, "energy": 74.438443, "activity_lines": [ 87.699704, 83.286474, 76.563385, 71.512091 ] }, { "date": "2026-03-13", "close": 78.43, "volume": 2370500, "typical_volume": 3149850.0, "trend": 65.73296, "fair_value": 36.19865, "relative_strength": 30.73056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.837676, "energy": 54.24758, "activity_lines": [ 85.223176, 83.08893, 77.30354, 72.40374 ] }, { "date": "2026-03-20", "close": 71.910004, "volume": 5640100, "typical_volume": 3226540.0, "trend": 66.587656, "fair_value": 36.482157, "relative_strength": 23.237894, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.520132, "energy": 32.545093, "activity_lines": [ 80.499356, 81.500123, 77.32492, 72.802259 ] }, { "date": "2026-03-27", "close": 77.279999, "volume": 4052000, "typical_volume": 3304570.0, "trend": 67.617142, "fair_value": 36.791819, "relative_strength": 28.336028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.724655, "energy": 22.213165, "activity_lines": [ 78.358318, 80.880588, 77.779253, 73.492087 ] }, { "date": "2026-04-03", "close": 84.449997, "volume": 2090300, "typical_volume": 3203845.0, "trend": 68.755752, "fair_value": 37.132217, "relative_strength": 33.721961, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.071424, "energy": 24.128332, "activity_lines": [ 79.238046, 81.498885, 78.809016, 74.578078 ] }, { "date": "2026-04-10", "close": 90.300003, "volume": 3033700, "typical_volume": 3226140.0, "trend": 70.039162, "fair_value": 37.506295, "relative_strength": 38.855301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.868401, "energy": 28.55203, "activity_lines": [ 82.892667, 83.104283, 80.277793, 75.96803 ] }, { "date": "2026-04-17", "close": 91.129997, "volume": 2914900, "typical_volume": 3223865.0, "trend": 71.336959, "fair_value": 37.888659, "relative_strength": 36.054106, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.396404, "energy": 44.019555, "activity_lines": [ 86.444666, 84.552139, 81.66784, 77.328729 ] }, { "date": "2026-04-24", "close": 82.849998, "volume": 3150100, "typical_volume": 3239495.0, "trend": 72.231541, "fair_value": 38.220853, "relative_strength": 24.122295, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.769774, "energy": 42.958239, "activity_lines": [ 86.389999, 84.24346, 82.136804, 78.071506 ] }, { "date": "2026-05-01", "close": 79.650002, "volume": 3592800, "typical_volume": 3299615.0, "trend": 72.956979, "fair_value": 38.531623, "relative_strength": 18.408115, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.945946, "energy": 35.211544, "activity_lines": [ 84.539333, 83.370268, 82.207078, 78.550116 ] }, { "date": "2026-05-08", "close": 89.870003, "volume": 2799100, "typical_volume": 3211070.0, "trend": 74.044458, "fair_value": 38.911555, "relative_strength": 31.553144, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.309261, "energy": 35.430721, "activity_lines": [ 85.937334, 84.484195, 83.181297, 79.641279 ] }, { "date": "2026-05-15", "close": 82.980003, "volume": 1923400, "typical_volume": 3252920.0, "trend": 74.73391, "fair_value": 39.25268, "relative_strength": 21.164802, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.764179, "energy": 22.001902, "activity_lines": [ 84.677335, 84.471819, 83.405744, 80.217765 ] }, { "date": "2026-05-22", "close": 79.080002, "volume": 1861100, "typical_volume": 3268785.0, "trend": 75.440348, "fair_value": 39.568862, "relative_strength": 12.575944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.03116, "energy": 12.95039, "activity_lines": [ 82.605336, 83.780001, 83.203768, 80.498159 ] }, { "date": "2026-05-29", "close": 86.389999, "volume": 1893900, "typical_volume": 3133730.0, "trend": 76.472331, "fair_value": 39.922495, "relative_strength": 20.876331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.949179, "energy": 19.585123, "activity_lines": [ 83.773335, 84.405455, 83.640985, 81.204588 ] }, { "date": "2026-06-05", "close": 72.709999, "volume": 359800, "typical_volume": 2956390.0, "trend": 77.07199, "fair_value": 40.195278, "relative_strength": 2.254475, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.693296, "energy": 8.938135, "activity_lines": [ 80.145334, 82.280364, 82.704535, 80.961856 ] }, { "date": "2026-06-12", "close": 72.339996, "volume": 481800, "typical_volume": 2849485.0, "trend": 77.49523, "fair_value": 40.46586, "relative_strength": -0.209601, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -23.002807, "energy": 27.471424, "activity_lines": [ 76.856665, 80.171091, 81.737375, 80.656567 ] }, { "date": "2026-06-19", "close": 76.239998, "volume": 153200, "typical_volume": 2583660.0, "trend": 78.131006, "fair_value": 40.772847, "relative_strength": 4.455562, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.89009, "energy": 33.277755, "activity_lines": [ 76.036665, 78.99109, 81.179264, 80.575584 ] }, { "date": "2026-06-26", "close": 70.540001, "volume": 792500, "typical_volume": 2433555.0, "trend": 78.372251, "fair_value": 41.04398, "relative_strength": -3.849578, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.292907, "energy": 52.480097, "activity_lines": [ 73.765999, 77.030363, 80.064465, 80.085842 ] }, { "date": "2026-07-03", "close": 76.470001, "volume": 128300, "typical_volume": 2305205.0, "trend": 78.817081, "fair_value": 41.355976, "relative_strength": 2.824173, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.112306, "energy": 45.650595, "activity_lines": [ 74.041333, 76.522182, 79.546716, 79.963116 ] }, { "date": "2026-07-10", "close": 69.480003, "volume": 2232500, "typical_volume": 2291640.0, "trend": 78.963804, "fair_value": 41.616778, "relative_strength": -7.120755, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.67071, "energy": 46.262066, "activity_lines": [ 72.648001, 74.859091, 78.398166, 79.360724 ] }, { "date": "2026-07-17", "close": 64.669998, "volume": 2015700, "typical_volume": 2257020.0, "trend": 78.778874, "fair_value": 41.843782, "relative_strength": -13.754155, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -74.652458, "energy": 66.881243, "activity_lines": [ 69.866667, 72.506363, 76.873718, 78.438543 ] }, { "date": "2026-07-24", "close": 67.019997, "volume": 1553700, "typical_volume": 2151970.0, "trend": 78.631831, "fair_value": 42.093206, "relative_strength": -11.215416, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.640736, "energy": 63.599585, "activity_lines": [ 68.379999, 71.03909, 75.72619, 77.679905 ] }, { "date": "2026-07-31", "close": 66.339996, "volume": 2563200, "typical_volume": 2161605.0, "trend": 78.606148, "fair_value": 42.348364, "relative_strength": -12.049079, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.102318, "energy": 68.521174, "activity_lines": [ 67.281331, 69.738362, 74.597666, 76.886884 ] }, { "date": "2026-08-07", "close": 76.529999, "volume": 1882300, "typical_volume": 1973715.0, "trend": 78.773146, "fair_value": 42.673404, "relative_strength": -2.211804, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.273089, "energy": 46.725803, "activity_lines": [ 69.859331, 70.521999, 74.49719, 76.752939 ] } ], "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." } } }