{ "ticker": { "uuid": "6d7c13cf-46f5-485b-8b69-06eed2a60ce1", "symbol": "WLYB", "name": "John Wiley & Sons B", "exchange": "NYSE", "country": "US", "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": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "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": 84.823, "architecture_energy": 73.92, "architecture_maturity": 52.371, "architecture_confidence": 79.807, "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": 4.2, "rotation_up": 75.66, "upward_expansion": 87.67, "deceleration": 56.13, "rotation_down": 17.42, "downward_expansion": 12.0 }, "activity_lines": [ 52.182, 50.614429, 47.197551, 44.300761 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 53.78, "trend_reference": 40.336762, "distance_from_trend": 0.333275, "trend_direction": "Improving", "fair_value": 38.106205, "distance_from_fair_value": 0.411319, "fair_value_direction": "Improving", "relative_strength": 25.12767, "relative_strength_direction": "Improving", "price_momentum": 0.821993, "excess_performance": 0.696369, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.333275, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.150101, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.411319, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.284616, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.251277, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.253138, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.821993, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 10.369967, "read": "Demand-led" } ], "volume": { "latest": 65679, "relative_activity": 12.762001, "balance": 10.369967, "dry_up": 3.355323, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.039889, "annualized_volatility": 0.385244, "from_high_reference": -0.031166, "from_low_reference": 0.861358 }, "levels": { "trend_reference": 40.336762, "fair_value_reference": 38.106205, "structural_low": 28.892891, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 13, "median_return": 0.012959, "positive_rate": 0.692308, "directional_follow_through": 0.692308, "median_excess_return": 0.007496, "regime_survival": 0.692308, "best_return": 0.183023, "worst_return": -0.160472, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.088572, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.044777, "regime_survival": 0.4, "best_return": 0.294417, "worst_return": -0.132393, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": -0.133008, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.020446, "regime_survival": 0.0, "best_return": 0.284724, "worst_return": -0.208633, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.224298, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.074416, "regime_survival": 0.5, "best_return": 0.229788, "worst_return": 0.218808, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-05", "end": "2024-09-06", "tenure": "Developing", "return": 0.044163, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-09-13", "end": "2024-09-27", "tenure": "New", "return": 0.036432, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-04", "end": "2024-12-13", "tenure": "Developing", "return": -0.048495, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-12-20", "end": "2025-01-31", "tenure": "Developing", "return": -0.063007, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-07", "end": "2025-04-18", "tenure": "Developing", "return": 0.072967, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-25", "end": "2025-06-06", "tenure": "Developing", "return": -0.09217, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-06-13", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": -0.027527, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2025-08-01", "tenure": "New", "return": -0.090888, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-08-08", "end": "2025-08-29", "tenure": "New", "return": 0.051174, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-09-05", "end": "2026-03-13", "tenure": "Extended", "return": -0.063002, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-20", "end": "2026-03-27", "tenure": "New", "return": 0.150896, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.08199, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.30534, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 31.853866, "volume": 152, "typical_volume": 1723.25, "trend": 34.025177, "fair_value": 40.584697, "relative_strength": -17.47436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.202082, "energy": 18.843859, "activity_lines": [ 31.681536, 31.185723, 31.495257, 32.259259 ] }, { "date": "2023-08-25", "close": 33.087387, "volume": 651, "typical_volume": 1742.25, "trend": 33.812287, "fair_value": 40.621951, "relative_strength": -14.22809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.263283, "energy": 11.80132, "activity_lines": [ 32.188247, 31.616308, 31.592159, 32.198756 ] }, { "date": "2023-09-01", "close": 33.014827, "volume": 467, "typical_volume": 1722.05, "trend": 33.454697, "fair_value": 40.655671, "relative_strength": -15.922655, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.348341, "energy": 15.003689, "activity_lines": [ 32.569792, 31.97467, 31.682116, 32.147307 ] }, { "date": "2023-09-08", "close": 32.642957, "volume": 1764, "typical_volume": 1549.25, "trend": 33.084711, "fair_value": 40.689018, "relative_strength": -15.489238, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.858969, "energy": 18.183593, "activity_lines": [ 32.67319, 32.198002, 31.742972, 32.094937 ] }, { "date": "2023-09-15", "close": 33.549958, "volume": 1371, "typical_volume": 1541.3, "trend": 32.744958, "fair_value": 40.726856, "relative_strength": -12.709693, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.453256, "energy": 63.931286, "activity_lines": [ 33.026316, 32.531134, 31.90684, 32.124953 ] }, { "date": "2023-09-22", "close": 33.985318, "volume": 234, "typical_volume": 1371.55, "trend": 32.560517, "fair_value": 40.777751, "relative_strength": -8.429578, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 43.258733, "energy": 69.138123, "activity_lines": [ 33.411489, 32.869047, 32.11192, 32.204976 ] }, { "date": "2023-09-29", "close": 33.903688, "volume": 662, "typical_volume": 1402.75, "trend": 32.373354, "fair_value": 40.818968, "relative_strength": -7.698159, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 49.14907, "energy": 76.12442, "activity_lines": [ 33.627355, 33.140323, 32.303784, 32.291632 ] }, { "date": "2023-10-06", "close": 34.266488, "volume": 616, "typical_volume": 1430.3, "trend": 32.444016, "fair_value": 40.86458, "relative_strength": -6.853229, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 52.071816, "energy": 79.948715, "activity_lines": [ 33.909735, 33.435181, 32.525145, 32.41377 ] }, { "date": "2023-10-13", "close": 28.123605, "volume": 2158, "typical_volume": 1473.9, "trend": 32.36001, "fair_value": 40.872899, "relative_strength": -23.372681, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -25.507659, "energy": 18.106628, "activity_lines": [ 32.061042, 32.548341, 32.154689, 32.135034 ] }, { "date": "2023-10-20", "close": 28.526417, "volume": 5887, "typical_volume": 1765.25, "trend": 32.185981, "fair_value": 40.881822, "relative_strength": -19.935136, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -78.823242, "energy": 57.557839, "activity_lines": [ 30.647911, 31.802563, 31.838997, 31.887705 ] }, { "date": "2023-10-27", "close": 27.656709, "volume": 1083, "typical_volume": 1783.4, "trend": 32.005194, "fair_value": 40.894474, "relative_strength": -19.886803, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.761482, "energy": 72.67568, "activity_lines": [ 29.279779, 30.959156, 31.454961, 31.595494 ] }, { "date": "2023-11-03", "close": 27.995437, "volume": 296, "typical_volume": 1243.5, "trend": 31.835697, "fair_value": 40.900475, "relative_strength": -22.78878, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.845291, "energy": 86.113812, "activity_lines": [ 28.446465, 30.253647, 31.140483, 31.3368 ] }, { "date": "2023-11-10", "close": 27.647554, "volume": 1201, "typical_volume": 1277.9, "trend": 31.612586, "fair_value": 40.900288, "relative_strength": -24.075168, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.178262, "energy": 89.965142, "activity_lines": [ 27.891072, 29.577468, 30.801661, 31.066597 ] }, { "date": "2023-11-17", "close": 28.62712, "volume": 3303, "typical_volume": 1380.45, "trend": 31.362306, "fair_value": 40.899163, "relative_strength": -22.401332, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.760254, "energy": 87.301995, "activity_lines": [ 28.103464, 29.176978, 30.564033, 30.873987 ] }, { "date": "2023-11-24", "close": 27.684173, "volume": 1632, "typical_volume": 1425.7, "trend": 31.168533, "fair_value": 40.886539, "relative_strength": -24.904133, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.839014, "energy": 77.204198, "activity_lines": [ 27.967973, 28.678059, 30.241289, 30.636688 ] }, { "date": "2023-12-01", "close": 28.498952, "volume": 2653, "typical_volume": 1506.0, "trend": 31.023753, "fair_value": 40.874272, "relative_strength": -22.582743, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.224345, "energy": 54.791927, "activity_lines": [ 28.160224, 28.433931, 30.004597, 30.464457 ] }, { "date": "2023-12-08", "close": 28.031141, "volume": 7079, "typical_volume": 1609.3, "trend": 30.863381, "fair_value": 40.823128, "relative_strength": -23.4428, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.023184, "energy": 49.444697, "activity_lines": [ 28.140388, 28.2045, 29.735911, 30.271385 ] }, { "date": "2023-12-15", "close": 31.17216, "volume": 19721, "typical_volume": 2582.7, "trend": 30.807709, "fair_value": 40.779018, "relative_strength": -16.350909, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.033192, "energy": 23.363127, "activity_lines": [ 29.165179, 28.652936, 29.783234, 30.291306 ] }, { "date": "2023-12-22", "close": 30.90667, "volume": 1849, "typical_volume": 2645.5, "trend": 30.785661, "fair_value": 40.735025, "relative_strength": -17.273814, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.666958, "energy": 20.749971, "activity_lines": [ 29.866499, 29.109362, 29.803033, 30.297691 ] }, { "date": "2023-12-29", "close": 29.750329, "volume": 907, "typical_volume": 2684.3, "trend": 30.725068, "fair_value": 40.681092, "relative_strength": -20.06185, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -25.689635, "energy": 23.187231, "activity_lines": [ 30.030403, 29.304943, 29.717216, 30.230895 ] }, { "date": "2024-01-05", "close": 28.61249, "volume": 2069, "typical_volume": 2780.15, "trend": 30.495836, "fair_value": 40.60629, "relative_strength": -21.209652, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.762827, "energy": 25.285005, "activity_lines": [ 29.677282, 29.271392, 29.533049, 30.0946 ] }, { "date": "2024-01-12", "close": 29.269292, "volume": 1642, "typical_volume": 2829.7, "trend": 30.476787, "fair_value": 40.539415, "relative_strength": -20.119411, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.114147, "energy": 17.929084, "activity_lines": [ 29.535527, 29.339881, 29.426871, 30.015468 ] }, { "date": "2024-01-19", "close": 30.157361, "volume": 846, "typical_volume": 2848.65, "trend": 30.505138, "fair_value": 40.473007, "relative_strength": -17.898564, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -16.887286, "energy": 12.923611, "activity_lines": [ 29.607251, 29.546676, 29.423451, 29.99486 ] }, { "date": "2024-01-26", "close": 31.406209, "volume": 1054, "typical_volume": 2813.15, "trend": 30.564947, "fair_value": 40.419076, "relative_strength": -14.631418, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.591307, "energy": 9.334927, "activity_lines": [ 30.162912, 29.934901, 29.552577, 30.052993 ] }, { "date": "2024-02-02", "close": 31.359955, "volume": 671, "typical_volume": 2778.15, "trend": 30.6283, "fair_value": 40.357468, "relative_strength": -14.995077, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.330473, "energy": 38.923165, "activity_lines": [ 30.669851, 30.264188, 29.683186, 30.104284 ] }, { "date": "2024-02-09", "close": 31.03618, "volume": 776, "typical_volume": 2805.25, "trend": 30.624955, "fair_value": 40.277102, "relative_strength": -16.006964, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 20.271235, "energy": 44.384305, "activity_lines": [ 30.961557, 30.467774, 29.793389, 30.130599 ] }, { "date": "2024-02-16", "close": 31.03618, "volume": 324, "typical_volume": 2788.35, "trend": 30.607071, "fair_value": 40.192892, "relative_strength": -14.678598, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 21.873051, "energy": 48.980929, "activity_lines": [ 31.091684, 30.625229, 29.917635, 30.15713 ] }, { "date": "2024-02-23", "close": 30.675402, "volume": 2305, "typical_volume": 2872.8, "trend": 30.606185, "fair_value": 40.103623, "relative_strength": -16.151373, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 20.368152, "energy": 38.370021, "activity_lines": [ 30.983759, 30.662451, 30.021176, 30.161538 ] }, { "date": "2024-03-01", "close": 30.758658, "volume": 1318, "typical_volume": 2830.8, "trend": 30.569678, "fair_value": 40.023776, "relative_strength": -15.860919, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.115836, "energy": 20.281125, "activity_lines": [ 30.86905, 30.723842, 30.149747, 30.171375 ] }, { "date": "2024-03-08", "close": 33.943683, "volume": 4761, "typical_volume": 2774.5, "trend": 30.639339, "fair_value": 39.951524, "relative_strength": -6.483097, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 59.359005, "energy": 60.847653, "activity_lines": [ 31.859186, 31.36702, 30.569105, 30.389053 ] }, { "date": "2024-03-15", "close": 36.031571, "volume": 8981, "typical_volume": 3169.4, "trend": 30.778596, "fair_value": 39.896912, "relative_strength": -0.430108, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 66.693761, "energy": 86.39879, "activity_lines": [ 33.373036, 32.31357, 31.161513, 30.736939 ] }, { "date": "2024-03-22", "close": 34.042665, "volume": 1884, "typical_volume": 3248.8, "trend": 30.810438, "fair_value": 39.822547, "relative_strength": -7.448607, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 68.489128, "energy": 87.941906, "activity_lines": [ 33.890892, 32.76361, 31.524622, 30.947524 ] }, { "date": "2024-03-29", "close": 35.106499, "volume": 740, "typical_volume": 3225.75, "trend": 30.880161, "fair_value": 39.750261, "relative_strength": -4.508961, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.100245, "energy": 91.961139, "activity_lines": [ 34.562926, 33.320285, 31.960252, 31.224689 ] }, { "date": "2024-04-05", "close": 35.698545, "volume": 3002, "typical_volume": 3210.7, "trend": 30.982014, "fair_value": 39.678028, "relative_strength": -1.675408, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.131946, "energy": 92.650621, "activity_lines": [ 35.136903, 33.89462, 32.416748, 31.535553 ] }, { "date": "2024-04-12", "close": 36.591732, "volume": 693, "typical_volume": 3163.75, "trend": 31.083406, "fair_value": 39.605178, "relative_strength": 2.642112, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.838168, "energy": 93.834203, "activity_lines": [ 35.679283, 34.553311, 32.924636, 31.89747 ] }, { "date": "2024-04-19", "close": 34.864827, "volume": 1988, "typical_volume": 3130.5, "trend": 31.112723, "fair_value": 39.514049, "relative_strength": 1.414814, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.425944, "energy": 67.342073, "activity_lines": [ 35.469491, 34.802895, 33.22564, 32.141433 ] }, { "date": "2024-04-26", "close": 35.518251, "volume": 1079, "typical_volume": 2830.5, "trend": 31.166542, "fair_value": 39.431012, "relative_strength": 0.983437, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.544897, "energy": 64.70247, "activity_lines": [ 35.55529, 35.101673, 33.558562, 32.42566 ] }, { "date": "2024-05-03", "close": 35.592928, "volume": 1789, "typical_volume": 1933.9, "trend": 31.210756, "fair_value": 39.327855, "relative_strength": 0.908384, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.07623, "energy": 62.702271, "activity_lines": [ 35.567609, 35.332535, 33.862942, 32.711234 ] }, { "date": "2024-05-10", "close": 35.518251, "volume": 2066, "typical_volume": 1944.75, "trend": 31.457245, "fair_value": 39.228827, "relative_strength": -0.796764, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.836789, "energy": 54.090155, "activity_lines": [ 35.522607, 35.460411, 34.139159, 32.989136 ] }, { "date": "2024-05-17", "close": 36.017653, "volume": 805, "typical_volume": 1939.65, "trend": 31.706953, "fair_value": 39.118201, "relative_strength": -0.71656, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.324202, "energy": 55.365754, "activity_lines": [ 35.656092, 35.592549, 34.440978, 33.283356 ] }, { "date": "2024-05-24", "close": 35.65827, "volume": 933, "typical_volume": 1882.85, "trend": 31.973671, "fair_value": 39.005705, "relative_strength": -1.459137, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.602815, "energy": 50.175186, "activity_lines": [ 35.708055, 35.621635, 34.678726, 33.53828 ] }, { "date": "2024-05-31", "close": 33.697999, "volume": 1209, "typical_volume": 1861.2, "trend": 32.163757, "fair_value": 38.874138, "relative_strength": -6.221922, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.99247, "energy": 31.931301, "activity_lines": [ 35.053698, 35.301097, 34.69623, 33.649527 ] }, { "date": "2024-06-07", "close": 33.324613, "volume": 1378, "typical_volume": 1887.8, "trend": 32.352992, "fair_value": 38.740177, "relative_strength": -7.858917, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.626378, "energy": 20.597563, "activity_lines": [ 34.396229, 34.918936, 34.657085, 33.724421 ] }, { "date": "2024-06-14", "close": 37.067798, "volume": 9368, "typical_volume": 2303.5, "trend": 32.634348, "fair_value": 38.673415, "relative_strength": 0.844674, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.853991, "energy": 29.533861, "activity_lines": [ 35.137709, 35.249753, 34.959351, 34.028602 ] }, { "date": "2024-06-21", "close": 37.002456, "volume": 969, "typical_volume": 2318.4, "trend": 32.944957, "fair_value": 38.597561, "relative_strength": 0.042251, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.135431, "energy": 39.615065, "activity_lines": [ 35.754105, 35.543793, 35.228434, 34.310415 ] }, { "date": "2024-06-28", "close": 38.215957, "volume": 590, "typical_volume": 2309.1, "trend": 33.268858, "fair_value": 38.515907, "relative_strength": 3.305673, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 79.069904, "energy": 67.355722, "activity_lines": [ 36.709349, 36.051003, 35.58622, 34.65048 ] }, { "date": "2024-07-05", "close": 38.215957, "volume": 170, "typical_volume": 2301.4, "trend": 33.608351, "fair_value": 38.437633, "relative_strength": 1.342424, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.504386, "energy": 84.24398, "activity_lines": [ 37.494079, 36.497283, 35.909816, 34.969648 ] }, { "date": "2024-07-12", "close": 42.2277, "volume": 1122, "typical_volume": 2242.25, "trend": 33.976869, "fair_value": 38.404593, "relative_strength": 10.750365, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.071558, "energy": 96.240061, "activity_lines": [ 39.314861, 37.623921, 36.581294, 35.525735 ] }, { "date": "2024-07-19", "close": 45.342087, "volume": 779, "typical_volume": 2215.3, "trend": 34.45805, "fair_value": 38.388737, "relative_strength": 20.898727, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 98.374009, "energy": 99.130988, "activity_lines": [ 41.580232, 39.19618, 37.494369, 36.258974 ] }, { "date": "2024-07-26", "close": 45.342087, "volume": 235, "typical_volume": 1989.0, "trend": 34.977775, "fair_value": 38.359578, "relative_strength": 21.391612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.662152, "energy": 97.695359, "activity_lines": [ 43.293984, 40.589823, 38.337998, 36.96117 ] }, { "date": "2024-08-02", "close": 45.21036, "volume": 390, "typical_volume": 1559.45, "trend": 35.531038, "fair_value": 38.3341, "relative_strength": 23.226773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.978192, "energy": 93.65287, "activity_lines": [ 44.407851, 41.789981, 39.114805, 37.621337 ] }, { "date": "2024-08-09", "close": 42.387653, "volume": 737, "typical_volume": 1502.1, "trend": 35.968316, "fair_value": 38.288141, "relative_strength": 15.286725, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.522582, "energy": 88.554246, "activity_lines": [ 44.114523, 42.303245, 39.579074, 38.063699 ] }, { "date": "2024-08-16", "close": 42.674629, "volume": 973, "typical_volume": 1513.75, "trend": 36.385559, "fair_value": 38.252842, "relative_strength": 11.51025, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.638641, "energy": 67.041096, "activity_lines": [ 43.63874, 42.710692, 40.030935, 38.496365 ] }, { "date": "2024-08-23", "close": 43.112148, "volume": 2028, "typical_volume": 1465.05, "trend": 36.775756, "fair_value": 38.213586, "relative_strength": 11.072945, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.558722, "energy": 62.521521, "activity_lines": [ 43.279001, 43.027689, 40.488427, 38.930338 ] }, { "date": "2024-08-30", "close": 44.006005, "volume": 646, "typical_volume": 1462.7, "trend": 37.197291, "fair_value": 38.187476, "relative_strength": 12.942448, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.724268, "energy": 57.059023, "activity_lines": [ 43.365878, 43.397307, 40.995745, 39.396806 ] }, { "date": "2024-09-06", "close": 39.903671, "volume": 1647, "typical_volume": 1445.65, "trend": 37.492874, "fair_value": 38.130979, "relative_strength": 6.846996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.717192, "energy": 35.364649, "activity_lines": [ 42.174382, 42.89371, 41.077058, 39.571411 ] }, { "date": "2024-09-13", "close": 43.516736, "volume": 1799, "typical_volume": 1481.65, "trend": 37.908893, "fair_value": 38.082813, "relative_strength": 12.002535, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.611007, "energy": 41.281758, "activity_lines": [ 42.54102, 43.016347, 41.478478, 39.960047 ] }, { "date": "2024-09-20", "close": 43.996596, "volume": 1789, "typical_volume": 1481.65, "trend": 38.352933, "fair_value": 38.063675, "relative_strength": 11.731852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.068135, "energy": 44.178697, "activity_lines": [ 42.99234, 43.129854, 41.887511, 40.352802 ] }, { "date": "2024-09-27", "close": 45.102157, "volume": 899, "typical_volume": 1423.3, "trend": 38.831049, "fair_value": 38.06678, "relative_strength": 13.940364, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 75.517612, "energy": 52.214954, "activity_lines": [ 43.724048, 43.41221, 42.361818, 40.788236 ] }, { "date": "2024-10-04", "close": 46.56526, "volume": 4612, "typical_volume": 1613.65, "trend": 39.251769, "fair_value": 38.077384, "relative_strength": 17.313131, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.27306, "energy": 72.734678, "activity_lines": [ 44.810791, 43.964948, 42.929831, 41.287217 ] }, { "date": "2024-10-11", "close": 46.912746, "volume": 1699, "typical_volume": 1651.95, "trend": 39.614475, "fair_value": 38.086702, "relative_strength": 16.361946, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.377675, "energy": 88.245646, "activity_lines": [ 45.842745, 44.558625, 43.480711, 41.781474 ] }, { "date": "2024-10-18", "close": 47.566645, "volume": 1025, "typical_volume": 1642.75, "trend": 40.065274, "fair_value": 38.099389, "relative_strength": 16.562805, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.014018, "energy": 92.113786, "activity_lines": [ 46.625393, 45.24024, 44.040274, 42.294517 ] }, { "date": "2024-10-25", "close": 46.685431, "volume": 834, "typical_volume": 1615.55, "trend": 40.451238, "fair_value": 38.101708, "relative_strength": 15.10769, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.324449, "energy": 85.619939, "activity_lines": [ 46.84431, 45.667472, 44.449871, 42.721624 ] }, { "date": "2024-11-01", "close": 47.168677, "volume": 1143, "typical_volume": 1204.3, "trend": 40.833576, "fair_value": 38.108441, "relative_strength": 17.370195, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.37861, "energy": 80.326018, "activity_lines": [ 47.045053, 46.109642, 44.841869, 43.155007 ] }, { "date": "2024-11-08", "close": 49.205894, "volume": 1552, "typical_volume": 1233.45, "trend": 41.254048, "fair_value": 38.126258, "relative_strength": 16.289359, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.151609, "energy": 74.242237, "activity_lines": [ 47.7871, 46.848461, 45.379787, 43.695157 ] }, { "date": "2024-11-15", "close": 49.821797, "volume": 344, "typical_volume": 1221.15, "trend": 41.752614, "fair_value": 38.149176, "relative_strength": 19.572947, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.098458, "energy": 71.411202, "activity_lines": [ 48.558407, 47.604718, 45.918252, 44.247915 ] }, { "date": "2024-11-22", "close": 49.821797, "volume": 350, "typical_volume": 1230.15, "trend": 42.229399, "fair_value": 38.165563, "relative_strength": 16.916785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.200476, "energy": 79.637318, "activity_lines": [ 49.135776, 48.180646, 46.401451, 44.768507 ] }, { "date": "2024-11-29", "close": 50.125011, "volume": 353, "typical_volume": 1191.7, "trend": 42.713801, "fair_value": 38.190533, "relative_strength": 15.624122, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.858031, "energy": 86.909264, "activity_lines": [ 49.663873, 48.697066, 46.858261, 45.277902 ] }, { "date": "2024-12-06", "close": 43.373769, "volume": 1331, "typical_volume": 1219.3, "trend": 42.975652, "fair_value": 38.163666, "relative_strength": -1.069402, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 29.817042, "energy": 39.392185, "activity_lines": [ 47.712251, 47.874562, 46.634489, 45.32048 ] }, { "date": "2024-12-13", "close": 44.307098, "volume": 932, "typical_volume": 1254.15, "trend": 43.251967, "fair_value": 38.153318, "relative_strength": 1.491516, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 19.973642, "energy": 22.643811, "activity_lines": [ 46.324733, 47.253179, 46.508979, 45.40638 ] }, { "date": "2024-12-20", "close": 41.985619, "volume": 1975, "typical_volume": 1333.4, "trend": 43.462878, "fair_value": 38.117169, "relative_strength": -2.155281, "stage": 2, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -12.899689, "energy": 35.200535, "activity_lines": [ 44.489974, 46.250767, 46.167304, 45.32468 ] }, { "date": "2024-12-27", "close": 42.081326, "volume": 670, "typical_volume": 1330.05, "trend": 43.742323, "fair_value": 38.078641, "relative_strength": -2.757277, "stage": 2, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.639187, "energy": 54.340751, "activity_lines": [ 43.20953, 45.35534, 45.850101, 45.235548 ] }, { "date": "2025-01-03", "close": 40.400366, "volume": 317, "typical_volume": 1297.25, "trend": 43.978181, "fair_value": 38.026191, "relative_strength": -6.315584, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.33056, "energy": 80.688025, "activity_lines": [ 41.884797, 44.254017, 45.374264, 45.019938 ] }, { "date": "2025-01-10", "close": 40.066084, "volume": 1173, "typical_volume": 1254.5, "trend": 44.078124, "fair_value": 37.969058, "relative_strength": -5.427096, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.701091, "energy": 81.406144, "activity_lines": [ 41.096947, 43.20619, 44.877421, 44.767544 ] }, { "date": "2025-01-17", "close": 41.737494, "volume": 2543, "typical_volume": 1349.35, "trend": 44.235959, "fair_value": 37.929873, "relative_strength": -4.463777, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.796645, "energy": 77.79081, "activity_lines": [ 41.086745, 42.591393, 44.554265, 44.616536 ] }, { "date": "2025-01-24", "close": 41.737494, "volume": 1888, "typical_volume": 1361.4, "trend": 44.353343, "fair_value": 37.910898, "relative_strength": -6.180117, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.06146, "energy": 70.266927, "activity_lines": [ 41.24785, 42.112385, 44.241911, 44.455345 ] }, { "date": "2025-01-31", "close": 39.340214, "volume": 2108, "typical_volume": 1376.85, "trend": 44.390818, "fair_value": 37.87661, "relative_strength": -10.691443, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.343744, "energy": 69.290898, "activity_lines": [ 40.626404, 41.344496, 43.692512, 44.131917 ] }, { "date": "2025-02-07", "close": 38.595243, "volume": 2813, "typical_volume": 1428.05, "trend": 44.269736, "fair_value": 37.841079, "relative_strength": -12.264678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.664142, "energy": 70.700143, "activity_lines": [ 39.939375, 40.631731, 43.092052, 43.758009 ] }, { "date": "2025-02-14", "close": 38.862668, "volume": 1047, "typical_volume": 1435.45, "trend": 44.053756, "fair_value": 37.814001, "relative_strength": -12.969224, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.896386, "energy": 78.386507, "activity_lines": [ 39.461829, 40.177222, 42.542782, 43.409166 ] }, { "date": "2025-02-21", "close": 38.069943, "volume": 1638, "typical_volume": 1286.75, "trend": 43.811351, "fair_value": 37.778638, "relative_strength": -13.409356, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.77901, "energy": 84.77674, "activity_lines": [ 38.800269, 39.6606, 41.947726, 43.023113 ] }, { "date": "2025-02-28", "close": 37.248564, "volume": 8765, "typical_volume": 1640.05, "trend": 43.545958, "fair_value": 37.74712, "relative_strength": -14.499919, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.180022, "energy": 86.193972, "activity_lines": [ 38.10942, 39.10804, 41.314897, 42.599708 ] }, { "date": "2025-03-07", "close": 35.672663, "volume": 1025, "typical_volume": 1640.05, "trend": 43.322125, "fair_value": 37.699704, "relative_strength": -15.404755, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.745225, "energy": 96.275018, "activity_lines": [ 37.192532, 38.355081, 40.578002, 42.091753 ] }, { "date": "2025-03-14", "close": 42.024021, "volume": 5109, "typical_volume": 1853.8, "trend": 43.300438, "fair_value": 37.653962, "relative_strength": 1.889814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.724071, "energy": 55.259444, "activity_lines": [ 38.637267, 38.873435, 40.502637, 42.008005 ] }, { "date": "2025-03-21", "close": 42.64483, "volume": 4270, "typical_volume": 2010.15, "trend": 43.284861, "fair_value": 37.629428, "relative_strength": 2.616981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.587481, "energy": 30.375473, "activity_lines": [ 40.060353, 39.475142, 40.508593, 41.965707 ] }, { "date": "2025-03-28", "close": 42.788094, "volume": 4876, "typical_volume": 2176.35, "trend": 43.244264, "fair_value": 37.613819, "relative_strength": 4.257522, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -16.48242, "energy": 25.413773, "activity_lines": [ 41.27905, 40.056012, 40.549736, 41.933658 ] }, { "date": "2025-04-04", "close": 40.371713, "volume": 1933, "typical_volume": 2255.8, "trend": 43.259865, "fair_value": 37.584885, "relative_strength": 7.892328, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.963324, "energy": 31.904264, "activity_lines": [ 41.377742, 40.178437, 40.391308, 41.748332 ] }, { "date": "2025-04-11", "close": 40.255746, "volume": 12322, "typical_volume": 2854.4, "trend": 43.151165, "fair_value": 37.555207, "relative_strength": 1.732333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.51743, "energy": 21.642598, "activity_lines": [ 41.22957, 40.30461, 40.266836, 41.554518 ] }, { "date": "2025-04-18", "close": 41.411414, "volume": 1067, "typical_volume": 2890.1, "trend": 43.064993, "fair_value": 37.527491, "relative_strength": 5.947466, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -12.347188, "energy": 15.282121, "activity_lines": [ 41.161081, 40.624258, 40.297981, 41.442276 ] }, { "date": "2025-04-25", "close": 40.958777, "volume": 335, "typical_volume": 2840.3, "trend": 42.92688, "fair_value": 37.496874, "relative_strength": 0.084647, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.658571, "energy": 11.702203, "activity_lines": [ 40.982553, 40.810406, 40.32751, 41.306391 ] }, { "date": "2025-05-02", "close": 42.37447, "volume": 2446, "typical_volume": 2916.0, "trend": 42.787187, "fair_value": 37.475331, "relative_strength": 0.487933, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.370106, "energy": 6.941881, "activity_lines": [ 41.388327, 41.215841, 40.503368, 41.270752 ] }, { "date": "2025-05-09", "close": 42.37447, "volume": 39, "typical_volume": 2819.2, "trend": 42.635911, "fair_value": 37.453789, "relative_strength": 0.76188, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.422298, "energy": 14.389855, "activity_lines": [ 41.821676, 41.543012, 40.688428, 41.244125 ] }, { "date": "2025-05-16", "close": 41.661808, "volume": 501, "typical_volume": 2810.75, "trend": 42.439083, "fair_value": 37.427678, "relative_strength": -5.94079, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.484983, "energy": 16.842121, "activity_lines": [ 41.883953, 41.64741, 40.803764, 41.181279 ] }, { "date": "2025-05-23", "close": 42.326317, "volume": 297, "typical_volume": 2809.75, "trend": 42.293779, "fair_value": 37.404437, "relative_strength": -2.073878, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.249032, "energy": 22.159208, "activity_lines": [ 42.073996, 41.763734, 40.984384, 41.174004 ] }, { "date": "2025-05-30", "close": 38.079239, "volume": 285, "typical_volume": 2765.35, "trend": 41.990798, "fair_value": 37.353972, "relative_strength": -13.434271, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.786018, "energy": 21.851443, "activity_lines": [ 40.787353, 41.102366, 40.75135, 40.902098 ] }, { "date": "2025-06-06", "close": 37.183597, "volume": 1597, "typical_volume": 2718.05, "trend": 41.590055, "fair_value": 37.296709, "relative_strength": -16.821592, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -69.063807, "energy": 44.574015, "activity_lines": [ 39.394132, 40.361164, 40.442477, 40.591956 ] }, { "date": "2025-06-13", "close": 37.279903, "volume": 3551, "typical_volume": 2801.2, "trend": 41.171992, "fair_value": 37.269576, "relative_strength": -16.162148, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.882847, "energy": 81.151721, "activity_lines": [ 38.379071, 39.739373, 40.164462, 40.313882 ] }, { "date": "2025-06-20", "close": 43.732379, "volume": 26593, "typical_volume": 4025.45, "trend": 40.969011, "fair_value": 37.293068, "relative_strength": -1.614408, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -13.446442, "energy": 23.941891, "activity_lines": [ 39.854473, 40.346974, 40.522195, 40.479068 ] }, { "date": "2025-06-27", "close": 43.732379, "volume": 3411, "typical_volume": 4055.35, "trend": 40.755923, "fair_value": 37.306542, "relative_strength": -4.915843, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.140692, "energy": 18.94399, "activity_lines": [ 41.191837, 40.891363, 40.859012, 40.65735 ] }, { "date": "2025-07-04", "close": 42.528559, "volume": 1459, "typical_volume": 4075.95, "trend": 40.72775, "fair_value": 37.322371, "relative_strength": -9.034549, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 55.958954, "energy": 43.994035, "activity_lines": [ 42.03419, 41.174677, 41.056718, 40.771714 ] }, { "date": "2025-07-11", "close": 41.242879, "volume": 679, "typical_volume": 4028.0, "trend": 40.625609, "fair_value": 37.329959, "relative_strength": -11.308288, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.988736, "energy": 46.251863, "activity_lines": [ 42.151362, 41.195689, 41.114521, 40.804948 ] }, { "date": "2025-07-18", "close": 41.466233, "volume": 611, "typical_volume": 3620.3, "trend": 40.608296, "fair_value": 37.325372, "relative_strength": -10.987882, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.926839, "energy": 54.33263, "activity_lines": [ 42.072366, 41.277885, 41.178487, 40.859182 ] }, { "date": "2025-07-25", "close": 38.348982, "volume": 1001, "typical_volume": 3619.1, "trend": 40.483885, "fair_value": 37.300802, "relative_strength": -18.399533, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": -3.938135, "energy": 4.486612, "activity_lines": [ 40.675198, 40.809822, 40.925488, 40.713419 ] }, { "date": "2025-08-01", "close": 37.494409, "volume": 323, "typical_volume": 3379.8, "trend": 40.38702, "fair_value": 37.249365, "relative_strength": -17.69532, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": -34.656435, "energy": 33.586556, "activity_lines": [ 39.352066, 40.246615, 40.578356, 40.52055 ] }, { "date": "2025-08-08", "close": 36.814635, "volume": 509, "typical_volume": 3191.75, "trend": 40.278638, "fair_value": 37.19357, "relative_strength": -20.674875, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.728915, "energy": 59.155224, "activity_lines": [ 38.218207, 39.647666, 40.188054, 40.290073 ] }, { "date": "2025-08-15", "close": 38.78598, "volume": 428, "typical_volume": 2969.35, "trend": 40.180254, "fair_value": 37.150412, "relative_strength": -16.852472, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.792228, "energy": 53.719213, "activity_lines": [ 38.122391, 39.430136, 40.013261, 40.193773 ] }, { "date": "2025-08-22", "close": 39.61142, "volume": 2346, "typical_volume": 2990.0, "trend": 40.109385, "fair_value": 37.112545, "relative_strength": -14.962142, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.779508, "energy": 52.681764, "activity_lines": [ 38.465515, 39.333552, 39.93614, 40.157074 ] }, { "date": "2025-08-29", "close": 38.698581, "volume": 306, "typical_volume": 2389.2, "trend": 40.087997, "fair_value": 37.096208, "relative_strength": -16.464473, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -55.429724, "energy": 45.47184, "activity_lines": [ 38.628014, 39.028606, 39.775702, 40.066054 ] }, { "date": "2025-09-05", "close": 38.290716, "volume": 459, "typical_volume": 2358.8, "trend": 40.077846, "fair_value": 37.109509, "relative_strength": -17.278936, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.646292, "energy": 33.617617, "activity_lines": [ 38.631251, 38.741026, 39.583835, 39.950101 ] }, { "date": "2025-09-12", "close": 39.912463, "volume": 1580, "typical_volume": 2421.05, "trend": 40.112839, "fair_value": 37.140821, "relative_strength": -14.703759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.19409, "energy": 19.518087, "activity_lines": [ 39.121983, 38.847248, 39.56128, 39.939431 ] }, { "date": "2025-09-19", "close": 39.640554, "volume": 12443, "typical_volume": 2920.9, "trend": 40.165193, "fair_value": 37.155943, "relative_strength": -15.896289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.946383, "energy": 19.964205, "activity_lines": [ 39.315557, 38.951598, 39.517812, 39.908961 ] }, { "date": "2025-09-26", "close": 38.863669, "volume": 2555, "typical_volume": 3046.7, "trend": 40.21903, "fair_value": 37.190947, "relative_strength": -16.833884, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.634408, "energy": 20.344165, "activity_lines": [ 39.193198, 38.943829, 39.413373, 39.824992 ] }, { "date": "2025-10-03", "close": 39.51431, "volume": 577, "typical_volume": 3050.5, "trend": 40.347085, "fair_value": 37.228176, "relative_strength": -15.84341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.717754, "energy": 20.551071, "activity_lines": [ 39.337569, 39.101678, 39.387619, 39.779526 ] }, { "date": "2025-10-10", "close": 35.901555, "volume": 2854, "typical_volume": 3178.35, "trend": 40.143003, "fair_value": 37.242246, "relative_strength": -21.059069, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.635707, "energy": 56.244425, "activity_lines": [ 38.223306, 38.581475, 39.028018, 39.492717 ] }, { "date": "2025-10-17", "close": 36.195429, "volume": 2525, "typical_volume": 3290.35, "trend": 39.928023, "fair_value": 37.25724, "relative_strength": -21.168158, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.171246, "energy": 69.524812, "activity_lines": [ 37.366279, 38.143664, 38.727, 39.238035 ] }, { "date": "2025-10-24", "close": 36.293484, "volume": 5141, "typical_volume": 3467.55, "trend": 39.711536, "fair_value": 37.256815, "relative_strength": -21.846349, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.08685, "energy": 79.376273, "activity_lines": [ 36.789739, 37.73494, 38.44429, 39.003549 ] }, { "date": "2025-10-31", "close": 37.459085, "volume": 1559, "typical_volume": 3367.95, "trend": 39.614448, "fair_value": 37.263862, "relative_strength": -19.255731, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.59477, "energy": 75.80007, "activity_lines": [ 36.824871, 37.583461, 38.276829, 38.858229 ] }, { "date": "2025-11-07", "close": 36.019104, "volume": 2407, "typical_volume": 2158.65, "trend": 39.473227, "fair_value": 37.23676, "relative_strength": -20.410959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.101416, "energy": 74.290238, "activity_lines": [ 36.473648, 37.209301, 37.971374, 38.626272 ] }, { "date": "2025-11-14", "close": 34.912181, "volume": 3523, "typical_volume": 2164.25, "trend": 39.256586, "fair_value": 37.196808, "relative_strength": -22.210137, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.819967, "energy": 76.813236, "activity_lines": [ 35.986465, 36.6826, 37.597227, 38.332011 ] }, { "date": "2025-11-21", "close": 32.91384, "volume": 1955, "typical_volume": 2189.05, "trend": 38.988421, "fair_value": 37.138839, "relative_strength": -24.471951, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.719209, "energy": 84.115718, "activity_lines": [ 34.899126, 35.853992, 37.074763, 37.922801 ] }, { "date": "2025-11-28", "close": 35.264829, "volume": 6167, "typical_volume": 2463.45, "trend": 38.751433, "fair_value": 37.10063, "relative_strength": -21.21487, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.242989, "energy": 68.991234, "activity_lines": [ 34.814223, 35.580084, 36.821987, 37.68257 ] }, { "date": "2025-12-05", "close": 31.65998, "volume": 5222, "typical_volume": 2694.0, "trend": 38.394283, "fair_value": 37.072312, "relative_strength": -28.962335, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.983217, "energy": 74.255592, "activity_lines": [ 33.59628, 34.730308, 36.25436, 37.225057 ] }, { "date": "2025-12-12", "close": 29.994696, "volume": 9295, "typical_volume": 3108.7, "trend": 38.00538, "fair_value": 37.042924, "relative_strength": -31.700154, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.626651, "energy": 87.380695, "activity_lines": [ 32.20985, 33.708729, 35.57483, 36.683148 ] }, { "date": "2025-12-19", "close": 34.040356, "volume": 21552, "typical_volume": 4170.15, "trend": 37.729181, "fair_value": 37.037506, "relative_strength": -22.074844, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.412866, "energy": 56.182818, "activity_lines": [ 32.5736, 33.595809, 35.320383, 36.42734 ] }, { "date": "2025-12-26", "close": 32.345685, "volume": 5709, "typical_volume": 4430.15, "trend": 37.538062, "fair_value": 37.021225, "relative_strength": -26.452714, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.978913, "energy": 55.072308, "activity_lines": [ 32.430582, 33.208606, 34.920987, 36.080017 ] }, { "date": "2026-01-02", "close": 30.894388, "volume": 2995, "typical_volume": 4558.5, "trend": 37.328422, "fair_value": 36.981401, "relative_strength": -28.504282, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.243666, "energy": 56.039108, "activity_lines": [ 31.841675, 32.627527, 34.404653, 35.651393 ] }, { "date": "2026-01-09", "close": 32.638266, "volume": 1856, "typical_volume": 4534.0, "trend": 37.173701, "fair_value": 36.939178, "relative_strength": -25.135712, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.479392, "energy": 45.34997, "activity_lines": [ 32.125423, 32.461682, 34.091981, 35.348802 ] }, { "date": "2026-01-16", "close": 32.648174, "volume": 3603, "typical_volume": 4698.85, "trend": 36.804227, "fair_value": 36.897531, "relative_strength": -24.308412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.707113, "energy": 43.495464, "activity_lines": [ 32.347255, 32.385289, 33.813459, 35.056833 ] }, { "date": "2026-01-23", "close": 31.855503, "volume": 392, "typical_volume": 4695.5, "trend": 36.408332, "fair_value": 36.848694, "relative_strength": -25.350881, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.892155, "energy": 43.211286, "activity_lines": [ 32.127965, 32.226065, 33.488256, 34.73756 ] }, { "date": "2026-01-30", "close": 31.855503, "volume": 353, "typical_volume": 4634.15, "trend": 36.052563, "fair_value": 36.772495, "relative_strength": -25.179404, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.521013, "energy": 38.91652, "activity_lines": [ 32.054331, 32.122416, 33.193696, 34.44383 ] }, { "date": "2026-02-06", "close": 29.51712, "volume": 1494, "typical_volume": 4086.7, "trend": 35.661704, "fair_value": 36.681306, "relative_strength": -30.049594, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.891144, "energy": 49.961259, "activity_lines": [ 31.233916, 31.612849, 32.7148, 34.022188 ] }, { "date": "2026-02-13", "close": 28.892891, "volume": 48660, "typical_volume": 6391.95, "trend": 35.242593, "fair_value": 36.586116, "relative_strength": -30.152067, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.095833, "energy": 58.336516, "activity_lines": [ 30.297242, 31.09429, 32.22466, 33.58549 ] }, { "date": "2026-02-20", "close": 29.923365, "volume": 1074, "typical_volume": 6416.8, "trend": 34.961739, "fair_value": 36.524609, "relative_strength": -27.992128, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.615747, "energy": 59.434922, "activity_lines": [ 29.953751, 30.8134, 31.880141, 33.242314 ] }, { "date": "2026-02-27", "close": 30.50796, "volume": 1606, "typical_volume": 6354.4, "trend": 34.728857, "fair_value": 36.466848, "relative_strength": -25.768399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.459206, "energy": 59.833272, "activity_lines": [ 29.986778, 30.640097, 31.636968, 32.954974 ] }, { "date": "2026-03-06", "close": 36.165656, "volume": 3386, "typical_volume": 6397.45, "trend": 34.707225, "fair_value": 36.492611, "relative_strength": -9.964372, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -13.971339, "energy": 14.079669, "activity_lines": [ 31.995541, 31.559692, 31.958308, 33.047671 ] }, { "date": "2026-03-13", "close": 35.878312, "volume": 954, "typical_volume": 6188.1, "trend": 34.610303, "fair_value": 36.526166, "relative_strength": -8.690818, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 10.888033, "energy": 23.122373, "activity_lines": [ 33.621179, 32.357588, 32.252423, 33.123225 ] }, { "date": "2026-03-20", "close": 33.193136, "volume": 18532, "typical_volume": 7036.75, "trend": 34.39636, "fair_value": 36.522614, "relative_strength": -13.266466, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.476893, "energy": 26.374543, "activity_lines": [ 33.927679, 32.576654, 32.292784, 33.031795 ] }, { "date": "2026-03-27", "close": 38.201832, "volume": 7185, "typical_volume": 7275.65, "trend": 34.379801, "fair_value": 36.555444, "relative_strength": 2.691135, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.35556, "energy": 48.839869, "activity_lines": [ 35.617061, 33.696303, 32.830478, 33.277309 ] }, { "date": "2026-04-03", "close": 38.077977, "volume": 611, "typical_volume": 7130.05, "trend": 34.37271, "fair_value": 36.58748, "relative_strength": -0.291126, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 42.228706, "energy": 69.630026, "activity_lines": [ 36.71326, 34.692457, 33.345982, 33.515901 ] }, { "date": "2026-04-10", "close": 38.0, "volume": 2693, "typical_volume": 7166.95, "trend": 34.308961, "fair_value": 36.610936, "relative_strength": -3.306584, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.272409, "energy": 72.799065, "activity_lines": [ 37.278799, 35.561298, 33.838985, 33.74992 ] }, { "date": "2026-04-17", "close": 39.21, "volume": 372, "typical_volume": 6877.2, "trend": 34.29461, "fair_value": 36.630644, "relative_strength": -3.75875, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 52.070137, "energy": 78.213063, "activity_lines": [ 38.125382, 36.538421, 34.423005, 34.066116 ] }, { "date": "2026-04-24", "close": 41.2, "volume": 8210, "typical_volume": 7026.6, "trend": 34.372487, "fair_value": 36.68002, "relative_strength": 1.181999, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.853451, "energy": 85.31757, "activity_lines": [ 39.413186, 37.701127, 35.177763, 34.511625 ] }, { "date": "2026-05-01", "close": 41.2, "volume": 229, "typical_volume": 6573.3, "trend": 34.428677, "fair_value": 36.733595, "relative_strength": 0.867495, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.452043, "energy": 82.457455, "activity_lines": [ 40.167198, 38.640069, 35.887093, 34.952109 ] }, { "date": "2026-05-08", "close": 41.45, "volume": 957, "typical_volume": 5543.55, "trend": 34.613625, "fair_value": 36.788772, "relative_strength": -0.18614, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.946217, "energy": 85.313848, "activity_lines": [ 40.804667, 39.419435, 36.566873, 35.405098 ] }, { "date": "2026-05-15", "close": 41.45, "volume": 217, "typical_volume": 5268.95, "trend": 34.788777, "fair_value": 36.84395, "relative_strength": 0.1121, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.668431, "energy": 86.039582, "activity_lines": [ 41.217333, 39.999854, 37.21137, 35.846154 ] }, { "date": "2026-05-22", "close": 41.21, "volume": 702, "typical_volume": 5154.3, "trend": 34.952661, "fair_value": 36.905756, "relative_strength": -0.695059, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.989094, "energy": 82.596635, "activity_lines": [ 41.32, 40.440559, 37.789655, 36.260427 ] }, { "date": "2026-05-29", "close": 41.05, "volume": 1138, "typical_volume": 5118.4, "trend": 35.072358, "fair_value": 36.966538, "relative_strength": -2.123206, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.597443, "energy": 71.45308, "activity_lines": [ 41.236, 40.755232, 38.30358, 36.653803 ] }, { "date": "2026-06-05", "close": 44.164603, "volume": 1861, "typical_volume": 5031.3, "trend": 35.343875, "fair_value": 37.022148, "relative_strength": 8.114258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.521045, "energy": 86.918146, "activity_lines": [ 42.200201, 41.493346, 39.074078, 37.2404 ] }, { "date": "2026-06-12", "close": 42.86842, "volume": 1107, "typical_volume": 5067.05, "trend": 35.609083, "fair_value": 37.105658, "relative_strength": 4.541868, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.355467, "energy": 65.145833, "activity_lines": [ 42.534701, 41.887375, 39.66629, 37.725854 ] }, { "date": "2026-06-19", "close": 45.013827, "volume": 2717, "typical_volume": 5185.25, "trend": 36.012416, "fair_value": 37.206344, "relative_strength": 9.298563, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.887068, "energy": 84.546087, "activity_lines": [ 43.489775, 42.58438, 40.410385, 38.332612 ] }, { "date": "2026-06-26", "close": 46.722207, "volume": 977, "typical_volume": 5159.4, "trend": 36.394329, "fair_value": 37.316026, "relative_strength": 16.526491, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.741009, "energy": 95.703819, "activity_lines": [ 44.776721, 43.464474, 41.254523, 39.023566 ] }, { "date": "2026-07-03", "close": 52.226369, "volume": 1364, "typical_volume": 2794.6, "trend": 37.079875, "fair_value": 37.461968, "relative_strength": 27.431804, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 97.155623, "energy": 98.174407, "activity_lines": [ 47.530906, 45.20874, 42.540938, 40.044988 ] }, { "date": "2026-07-10", "close": 50.72, "volume": 3517, "typical_volume": 2916.75, "trend": 37.770718, "fair_value": 37.587503, "relative_strength": 22.075596, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.921228, "energy": 95.02806, "activity_lines": [ 49.037878, 46.478642, 43.572778, 40.924996 ] }, { "date": "2026-07-17", "close": 49.58, "volume": 788, "typical_volume": 2875.85, "trend": 38.288706, "fair_value": 37.702934, "relative_strength": 21.207982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.516676, "energy": 88.139371, "activity_lines": [ 49.727823, 47.36818, 44.397014, 41.686886 ] }, { "date": "2026-07-24", "close": 50.21, "volume": 1842, "typical_volume": 2798.65, "trend": 38.884184, "fair_value": 37.827986, "relative_strength": 23.167197, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.042893, "energy": 88.44434, "activity_lines": [ 50.18033, 48.224445, 45.190432, 42.456001 ] }, { "date": "2026-07-31", "close": 53.33, "volume": 763, "typical_volume": 2789.1, "trend": 39.632037, "fair_value": 37.965653, "relative_strength": 28.934102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.098357, "energy": 88.527018, "activity_lines": [ 51.326425, 49.48871, 46.214114, 43.387989 ] }, { "date": "2026-08-07", "close": 53.78, "volume": 65679, "typical_volume": 5146.45, "trend": 40.336762, "fair_value": 38.106205, "relative_strength": 25.12767, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.822775, "energy": 73.919992, "activity_lines": [ 52.182, 50.614429, 47.197551, 44.300761 ] } ], "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." } } }