{ "ticker": { "uuid": "6e79b7c7-e189-4d5e-8939-0525fa9bb29c", "symbol": "AVES", "name": "AMERICAN CENTURY ETF TRUST AVANTIS EMERGING MKTS VALUE ETF USD", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 52.919, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "up", "architecture_direction": 13.853, "architecture_energy": 16.44, "architecture_maturity": 14.664, "architecture_confidence": 89.169, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 54.87, "rotation_up": 22.04, "upward_expansion": 42.67, "deceleration": 78.87, "rotation_down": 38.77, "downward_expansion": 34.34 }, "activity_lines": [ 63.769333, 64.297985, 64.794173, 64.279572 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 65.49, "trend_reference": 63.637975, "distance_from_trend": 0.029103, "trend_direction": "Improving", "fair_value": 49.975546, "distance_from_fair_value": 0.310441, "fair_value_direction": "Weakening", "relative_strength": -3.333584, "relative_strength_direction": "Weakening", "price_momentum": 0.039711, "excess_performance": -0.085914, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.029103, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.04108, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.310441, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.095729, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.033336, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.083463, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.039711, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.01901, "read": "Demand-led" } ], "volume": { "latest": 525994, "relative_activity": 1.164152, "balance": 1.01901, "dry_up": 1.31649, "accumulation_observations": 3, "distribution_observations": 4 }, "risk": { "range_context": 0.046433, "annualized_volatility": 0.245294, "from_high_reference": -0.050181, "from_low_reference": 0.226801 }, "levels": { "trend_reference": 63.637975, "fair_value_reference": 49.975546, "structural_low": 57.623282, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.020391, "positive_rate": 0.7, "directional_follow_through": 0.7, "median_excess_return": -0.003217, "regime_survival": 0.5, "best_return": 0.094387, "worst_return": -0.054583, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.066591, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.034575, "regime_survival": 0.0, "best_return": 0.103125, "worst_return": 0.033325, "sufficient": false }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.08281, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.053711, "regime_survival": 0.25, "best_return": 0.212177, "worst_return": 0.001156, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.185624, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.062254, "regime_survival": 0.0, "best_return": 0.202156, "worst_return": 0.169093, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-08", "end": "2024-06-21", "tenure": "Extended", "return": 0.133664, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-28", "end": "2024-07-05", "tenure": "New", "return": 0.022769, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-12", "end": "2024-08-02", "tenure": "New", "return": -0.049125, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-09-20", "tenure": "Developing", "return": 0.038279, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-27", "end": "2024-11-01", "tenure": "Developing", "return": -0.049286, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-08", "end": "2025-01-03", "tenure": "Developing", "return": -0.043267, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-10", "end": "2025-03-07", "tenure": "Developing", "return": 0.066162, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.001875, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.063416, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.113266, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-23", "end": "2026-03-20", "tenure": "Extended", "return": 0.191544, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-24", "tenure": "Developing", "return": 0.106778, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-17", "tenure": "Developing", "return": -0.031587, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.041508, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 38.488694, "volume": 101729, "typical_volume": 112979.9, "trend": 38.659923, "fair_value": 38.945391, "relative_strength": -4.837037, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 30.503769, "energy": 22.725868, "activity_lines": [ 39.647358, 39.761959, 39.353275, 38.989077 ] }, { "date": "2023-08-25", "close": 38.918935, "volume": 95832, "typical_volume": 113646.45, "trend": 38.627678, "fair_value": 38.945126, "relative_strength": -4.455208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.216313, "energy": 19.818758, "activity_lines": [ 39.284043, 39.621174, 39.34779, 39.005788 ] }, { "date": "2023-09-01", "close": 39.752528, "volume": 147803, "typical_volume": 114571.65, "trend": 38.653651, "fair_value": 38.95312, "relative_strength": -4.7366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 28.141378, "energy": 22.590399, "activity_lines": [ 39.281055, 39.650346, 39.416213, 39.078359 ] }, { "date": "2023-09-08", "close": 39.347743, "volume": 76589, "typical_volume": 112317.8, "trend": 38.682381, "fair_value": 38.956989, "relative_strength": -4.45227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 24.08738, "energy": 19.572995, "activity_lines": [ 39.264443, 39.582941, 39.441362, 39.123139 ] }, { "date": "2023-09-15", "close": 39.716675, "volume": 72211, "typical_volume": 109618.45, "trend": 38.73375, "fair_value": 38.964365, "relative_strength": -3.354822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.666181, "energy": 14.968366, "activity_lines": [ 39.437233, 39.578567, 39.495601, 39.189868 ] }, { "date": "2023-09-22", "close": 39.246188, "volume": 90177, "typical_volume": 107592.0, "trend": 38.79455, "fair_value": 38.967075, "relative_strength": -1.582532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 20.984019, "energy": 12.409183, "activity_lines": [ 39.437657, 39.476101, 39.497904, 39.222928 ] }, { "date": "2023-09-29", "close": 38.936862, "volume": 121210, "typical_volume": 109123.65, "trend": 38.808697, "fair_value": 38.966787, "relative_strength": -1.668775, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.217648, "energy": 6.325453, "activity_lines": [ 39.284473, 39.336868, 39.467634, 39.232109 ] }, { "date": "2023-10-06", "close": 38.697988, "volume": 128197, "typical_volume": 108885.95, "trend": 38.862451, "fair_value": 38.964251, "relative_strength": -2.684204, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 4.53697, "energy": 8.642881, "activity_lines": [ 39.05047, 39.176366, 39.409174, 39.224967 ] }, { "date": "2023-10-13", "close": 38.775521, "volume": 84319, "typical_volume": 107866.15, "trend": 38.930902, "fair_value": 38.962487, "relative_strength": -2.895088, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -15.075477, "energy": 21.224576, "activity_lines": [ 38.912613, 39.082218, 39.354724, 39.219359 ] }, { "date": "2023-10-20", "close": 37.735771, "volume": 96131, "typical_volume": 108216.1, "trend": 38.949922, "fair_value": 38.951129, "relative_strength": -3.168783, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.358582, "energy": 45.269134, "activity_lines": [ 38.466321, 38.827545, 39.196747, 39.142253 ] }, { "date": "2023-10-27", "close": 37.395163, "volume": 176335, "typical_volume": 108702.45, "trend": 38.935135, "fair_value": 38.936854, "relative_strength": -1.700218, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.499598, "energy": 59.901115, "activity_lines": [ 38.038553, 38.542722, 39.009482, 39.041946 ] }, { "date": "2023-11-03", "close": 39.071312, "volume": 135284, "typical_volume": 110431.3, "trend": 38.978582, "fair_value": 38.938076, "relative_strength": -2.912357, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.540226, "energy": 42.317548, "activity_lines": [ 38.292904, 38.582535, 38.990293, 39.050732 ] }, { "date": "2023-11-10", "close": 38.992704, "volume": 85279, "typical_volume": 105424.65, "trend": 38.986319, "fair_value": 38.938568, "relative_strength": -4.351077, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.829567, "energy": 26.116373, "activity_lines": [ 38.512088, 38.605286, 38.96771, 39.051643 ] }, { "date": "2023-11-17", "close": 40.039356, "volume": 94673, "typical_volume": 104784.15, "trend": 39.051694, "fair_value": 38.948397, "relative_strength": -3.960501, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.875326, "energy": 10.901578, "activity_lines": [ 39.060509, 38.832152, 39.042407, 39.119581 ] }, { "date": "2023-11-24", "close": 40.371628, "volume": 93739, "typical_volume": 103852.7, "trend": 39.123417, "fair_value": 38.960992, "relative_strength": -4.087872, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.29699, "energy": 29.199846, "activity_lines": [ 39.635431, 39.106856, 39.144396, 39.204738 ] }, { "date": "2023-12-01", "close": 40.863986, "volume": 106907, "typical_volume": 103090.35, "trend": 39.199143, "fair_value": 38.977685, "relative_strength": -3.64003, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.663524, "energy": 55.747676, "activity_lines": [ 40.198749, 39.459172, 39.286871, 39.317033 ] }, { "date": "2023-12-08", "close": 40.063557, "volume": 154805, "typical_volume": 106742.05, "trend": 39.274779, "fair_value": 38.987127, "relative_strength": -5.602917, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.288715, "energy": 57.570596, "activity_lines": [ 40.264002, 39.636541, 39.350511, 39.372801 ] }, { "date": "2023-12-15", "close": 41.177972, "volume": 256364, "typical_volume": 114846.15, "trend": 39.381062, "fair_value": 39.006014, "relative_strength": -5.082082, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.113346, "energy": 71.840047, "activity_lines": [ 40.634577, 39.996045, 39.520725, 39.495588 ] }, { "date": "2023-12-22", "close": 41.564905, "volume": 280154, "typical_volume": 123336.2, "trend": 39.505562, "fair_value": 39.027885, "relative_strength": -4.90074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.2589, "energy": 74.396301, "activity_lines": [ 40.988446, 40.38081, 39.729667, 39.636481 ] }, { "date": "2023-12-29", "close": 42.428607, "volume": 174801, "typical_volume": 128626.95, "trend": 39.639942, "fair_value": 39.056704, "relative_strength": -3.118908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.963914, "energy": 79.493262, "activity_lines": [ 41.528511, 40.871896, 40.015053, 39.825065 ] }, { "date": "2024-01-05", "close": 41.716916, "volume": 179175, "typical_volume": 132499.25, "trend": 39.724894, "fair_value": 39.079059, "relative_strength": -3.02348, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.978376, "energy": 75.788443, "activity_lines": [ 41.694215, 41.148259, 40.218635, 39.959063 ] }, { "date": "2024-01-12", "close": 41.505283, "volume": 206164, "typical_volume": 138015.85, "trend": 39.777384, "fair_value": 39.099278, "relative_strength": -5.032677, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.649084, "energy": 71.603539, "activity_lines": [ 41.732512, 41.307566, 40.386689, 40.073927 ] }, { "date": "2024-01-19", "close": 40.563869, "volume": 150301, "typical_volume": 138140.75, "trend": 39.846556, "fair_value": 39.111382, "relative_strength": -7.953361, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.067588, "energy": 45.681143, "activity_lines": [ 41.36089, 41.251453, 40.452769, 40.124668 ] }, { "date": "2024-01-26", "close": 41.195354, "volume": 225912, "typical_volume": 145606.9, "trend": 39.915565, "fair_value": 39.128463, "relative_strength": -7.176415, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 45.342697, "energy": 31.821491, "activity_lines": [ 41.240702, 41.281588, 40.575126, 40.211687 ] }, { "date": "2024-02-02", "close": 41.761956, "volume": 154225, "typical_volume": 149707.6, "trend": 40.006747, "fair_value": 39.149874, "relative_strength": -6.995185, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.628172, "energy": 34.056008, "activity_lines": [ 41.334019, 41.393724, 40.742648, 40.330809 ] }, { "date": "2024-02-09", "close": 42.326712, "volume": 245938, "typical_volume": 157495.65, "trend": 40.07373, "fair_value": 39.175493, "relative_strength": -6.802562, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.146609, "energy": 43.287301, "activity_lines": [ 41.660031, 41.583265, 40.954216, 40.480484 ] }, { "date": "2024-02-16", "close": 42.926633, "volume": 169028, "typical_volume": 159886.55, "trend": 40.166088, "fair_value": 39.205503, "relative_strength": -4.975592, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.850858, "energy": 68.828311, "activity_lines": [ 42.145364, 41.855287, 41.20825, 40.664542 ] }, { "date": "2024-02-23", "close": 43.521939, "volume": 125587, "typical_volume": 159756.05, "trend": 40.231083, "fair_value": 39.23976, "relative_strength": -5.034839, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.819892, "energy": 83.947849, "activity_lines": [ 42.734375, 42.18349, 41.499982, 40.881049 ] }, { "date": "2024-03-01", "close": 43.641923, "volume": 256800, "typical_volume": 168380.1, "trend": 40.34101, "fair_value": 39.274423, "relative_strength": -5.466855, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.051532, "energy": 85.859189, "activity_lines": [ 43.166177, 42.490891, 41.780169, 41.101103 ] }, { "date": "2024-03-08", "close": 43.914195, "volume": 289040, "typical_volume": 178025.55, "trend": 40.488696, "fair_value": 39.310671, "relative_strength": -4.427065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.988295, "energy": 87.597183, "activity_lines": [ 43.525631, 42.810032, 42.063113, 41.331631 ] }, { "date": "2024-03-15", "close": 43.729604, "volume": 212686, "typical_volume": 179843.1, "trend": 40.663393, "fair_value": 39.344926, "relative_strength": -4.575046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.525021, "energy": 85.045897, "activity_lines": [ 43.680072, 43.0686, 42.299057, 41.540722 ] }, { "date": "2024-03-22", "close": 43.748063, "volume": 229138, "typical_volume": 184535.8, "trend": 40.824364, "fair_value": 39.378797, "relative_strength": -6.391963, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.643867, "energy": 74.622591, "activity_lines": [ 43.74714, 43.293931, 42.506594, 41.739733 ] }, { "date": "2024-03-29", "close": 43.738833, "volume": 375710, "typical_volume": 199057.35, "trend": 40.957241, "fair_value": 39.412079, "relative_strength": -6.540975, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.62524, "energy": 61.483361, "activity_lines": [ 43.756369, 43.476805, 42.690982, 41.927763 ] }, { "date": "2024-04-05", "close": 44.154163, "volume": 431515, "typical_volume": 215899.45, "trend": 41.117455, "fair_value": 39.448004, "relative_strength": -4.635399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.716491, "energy": 60.582846, "activity_lines": [ 43.889583, 43.677467, 42.892325, 42.134016 ] }, { "date": "2024-04-12", "close": 43.388111, "volume": 985104, "typical_volume": 260467.7, "trend": 41.239836, "fair_value": 39.477629, "relative_strength": -4.685801, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.760673, "energy": 48.983466, "activity_lines": [ 43.733296, 43.68505, 43.001116, 42.28051 ] }, { "date": "2024-04-19", "close": 42.935863, "volume": 330479, "typical_volume": 271646.3, "trend": 41.362825, "fair_value": 39.503437, "relative_strength": -2.543089, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.734443, "energy": 36.952794, "activity_lines": [ 43.461332, 43.58084, 43.052472, 42.389931 ] }, { "date": "2024-04-26", "close": 44.21877, "volume": 154611, "typical_volume": 271636.6, "trend": 41.538889, "fair_value": 39.538365, "relative_strength": -2.086227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.176694, "energy": 40.918469, "activity_lines": [ 43.66992, 43.698811, 43.216143, 42.574186 ] }, { "date": "2024-05-03", "close": 45.510907, "volume": 95723, "typical_volume": 263604.55, "trend": 41.765986, "fair_value": 39.582281, "relative_strength": 0.305349, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.282158, "energy": 54.772821, "activity_lines": [ 44.277839, 44.028222, 43.483088, 42.830445 ] }, { "date": "2024-05-10", "close": 45.409382, "volume": 495226, "typical_volume": 274358.15, "trend": 41.987115, "fair_value": 39.624814, "relative_strength": -1.626036, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.193227, "energy": 69.562621, "activity_lines": [ 44.733779, 44.303011, 43.719731, 43.065503 ] }, { "date": "2024-05-17", "close": 46.719978, "volume": 245798, "typical_volume": 277908.0, "trend": 42.286588, "fair_value": 39.676229, "relative_strength": -0.349943, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.691902, "energy": 93.709383, "activity_lines": [ 45.542903, 44.783954, 44.062886, 43.370849 ] }, { "date": "2024-05-24", "close": 45.870859, "volume": 103199, "typical_volume": 274109.2, "trend": 42.569111, "fair_value": 39.720794, "relative_strength": -2.058409, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.958569, "energy": 86.783374, "activity_lines": [ 45.846862, 45.059498, 44.304737, 43.602092 ] }, { "date": "2024-05-31", "close": 45.298627, "volume": 86888, "typical_volume": 268145.4, "trend": 42.776688, "fair_value": 39.760636, "relative_strength": -2.791923, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.273343, "energy": 77.907, "activity_lines": [ 45.764412, 45.192068, 44.472309, 43.77819 ] }, { "date": "2024-06-07", "close": 44.942644, "volume": 184076, "typical_volume": 269834.15, "trend": 42.97502, "fair_value": 39.797388, "relative_strength": -4.58317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.417404, "energy": 53.28621, "activity_lines": [ 45.49131, 45.231721, 44.587914, 43.917929 ] }, { "date": "2024-06-14", "close": 45.261709, "volume": 177923, "typical_volume": 267434.7, "trend": 43.149098, "fair_value": 39.835869, "relative_strength": -5.283807, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.469969, "energy": 41.003327, "activity_lines": [ 45.362447, 45.307499, 44.713055, 44.065457 ] }, { "date": "2024-06-21", "close": 45.418611, "volume": 206868, "typical_volume": 270066.85, "trend": 43.317331, "fair_value": 39.874909, "relative_strength": -5.424905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.206968, "energy": 31.786479, "activity_lines": [ 45.295729, 45.391668, 44.833776, 44.211878 ] }, { "date": "2024-06-28", "close": 45.432956, "volume": 131226, "typical_volume": 264331.25, "trend": 43.46963, "fair_value": 39.913507, "relative_strength": -5.220183, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.179158, "energy": 29.188039, "activity_lines": [ 45.320551, 45.441526, 44.93845, 44.34837 ] }, { "date": "2024-07-05", "close": 46.467429, "volume": 203851, "typical_volume": 266072.4, "trend": 43.683092, "fair_value": 39.958706, "relative_strength": -4.748904, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.51857, "energy": 44.998669, "activity_lines": [ 45.719391, 45.634069, 45.126854, 44.541776 ] }, { "date": "2024-07-12", "close": 46.858852, "volume": 123701, "typical_volume": 265978.1, "trend": 43.872455, "fair_value": 40.005967, "relative_strength": -4.711683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.453422, "energy": 59.44893, "activity_lines": [ 46.170785, 45.856895, 45.335676, 44.746664 ] }, { "date": "2024-07-19", "close": 45.274523, "volume": 163260, "typical_volume": 261301.1, "trend": 43.996109, "fair_value": 40.041808, "relative_strength": -5.932469, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.398135, "energy": 42.204045, "activity_lines": [ 45.966322, 45.767152, 45.377718, 44.83712 ] }, { "date": "2024-07-26", "close": 45.321121, "volume": 136508, "typical_volume": 253674.5, "trend": 44.092526, "fair_value": 40.077479, "relative_strength": -4.860473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.665295, "energy": 37.104216, "activity_lines": [ 45.776538, 45.688335, 45.416425, 44.922604 ] }, { "date": "2024-08-02", "close": 44.556915, "volume": 145769, "typical_volume": 250328.65, "trend": 44.187193, "fair_value": 40.107542, "relative_strength": -4.271905, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.317899, "energy": 13.898827, "activity_lines": [ 45.338517, 45.496004, 45.37565, 44.952565 ] }, { "date": "2024-08-09", "close": 44.556915, "volume": 224100, "typical_volume": 250076.75, "trend": 44.288914, "fair_value": 40.137205, "relative_strength": -4.156267, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.709081, "energy": 13.69412, "activity_lines": [ 44.9589, 45.327563, 45.330936, 44.976418 ] }, { "date": "2024-08-16", "close": 45.773586, "volume": 131834, "typical_volume": 237882.95, "trend": 44.462571, "fair_value": 40.174532, "relative_strength": -5.183229, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 22.77201, "energy": 16.319593, "activity_lines": [ 45.112207, 45.393821, 45.398243, 45.072203 ] }, { "date": "2024-08-23", "close": 46.364075, "volume": 115605, "typical_volume": 222087.45, "trend": 44.634862, "fair_value": 40.215252, "relative_strength": -5.144835, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.796603, "energy": 18.377912, "activity_lines": [ 45.534694, 45.552333, 45.512098, 45.194881 ] }, { "date": "2024-08-30", "close": 46.197161, "volume": 71717, "typical_volume": 176418.1, "trend": 44.782702, "fair_value": 40.25435, "relative_strength": -5.591939, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.270506, "energy": 30.588722, "activity_lines": [ 45.828907, 45.660453, 45.599533, 45.295674 ] }, { "date": "2024-09-06", "close": 44.827183, "volume": 195586, "typical_volume": 169673.45, "trend": 44.866051, "fair_value": 40.284044, "relative_strength": -4.298141, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 23.613708, "energy": 19.403742, "activity_lines": [ 45.608058, 45.505331, 45.543118, 45.298544 ] }, { "date": "2024-09-13", "close": 45.507512, "volume": 113116, "typical_volume": 167598.7, "trend": 44.95208, "fair_value": 40.317743, "relative_strength": -6.390142, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.839031, "energy": 19.63111, "activity_lines": [ 45.595967, 45.48492, 45.54249, 45.339929 ] }, { "date": "2024-09-20", "close": 46.262492, "volume": 111959, "typical_volume": 168410.5, "trend": 45.043432, "fair_value": 40.355851, "relative_strength": -5.940916, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.181619, "energy": 25.484076, "activity_lines": [ 45.772164, 45.61923, 45.607627, 45.424471 ] }, { "date": "2024-09-27", "close": 48.974396, "volume": 245961, "typical_volume": 155947.25, "trend": 45.221181, "fair_value": 40.395997, "relative_strength": -0.842369, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.735989, "energy": 60.27806, "activity_lines": [ 46.819734, 46.257457, 45.927462, 45.678082 ] }, { "date": "2024-10-04", "close": 49.058273, "volume": 170308, "typical_volume": 152172.75, "trend": 45.39265, "fair_value": 40.438929, "relative_strength": -0.808639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.468667, "energy": 78.829058, "activity_lines": [ 47.721242, 46.843664, 46.23831, 45.925636 ] }, { "date": "2024-10-11", "close": 48.331345, "volume": 133306, "typical_volume": 153678.1, "trend": 45.546042, "fair_value": 40.47162, "relative_strength": -3.225423, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.529461, "energy": 76.306197, "activity_lines": [ 48.1897, 47.229754, 46.468791, 46.115229 ] }, { "date": "2024-10-18", "close": 47.902645, "volume": 66792, "typical_volume": 152673.3, "trend": 45.684528, "fair_value": 40.502068, "relative_strength": -4.717299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.784549, "energy": 76.216345, "activity_lines": [ 48.281647, 47.469272, 46.646727, 46.267268 ] }, { "date": "2024-10-25", "close": 47.082521, "volume": 95883, "typical_volume": 148263.65, "trend": 45.795984, "fair_value": 40.531429, "relative_strength": -5.218248, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.528442, "energy": 58.846308, "activity_lines": [ 47.940544, 47.498846, 46.734156, 46.357462 ] }, { "date": "2024-11-01", "close": 46.560625, "volume": 170731, "typical_volume": 147904.05, "trend": 45.8762, "fair_value": 40.558862, "relative_strength": -4.751511, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.009719, "energy": 27.912992, "activity_lines": [ 47.370807, 47.40973, 46.76169, 46.406793 ] }, { "date": "2024-11-08", "close": 46.495388, "volume": 185485, "typical_volume": 146834.9, "trend": 45.979775, "fair_value": 40.5808, "relative_strength": -8.95712, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.656012, "energy": 20.871308, "activity_lines": [ 46.940243, 47.30518, 46.776827, 46.446741 ] }, { "date": "2024-11-15", "close": 44.836503, "volume": 160780, "typical_volume": 148312.6, "trend": 46.04313, "fair_value": 40.595253, "relative_strength": -10.067775, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.490035, "energy": 18.654144, "activity_lines": [ 46.127575, 46.893592, 46.628847, 46.372981 ] }, { "date": "2024-11-22", "close": 45.423263, "volume": 178940, "typical_volume": 147067.05, "trend": 46.08328, "fair_value": 40.621429, "relative_strength": -10.107931, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.49486, "energy": 25.025035, "activity_lines": [ 45.743484, 46.588518, 46.539588, 46.33299 ] }, { "date": "2024-11-29", "close": 45.731182, "volume": 123228, "typical_volume": 147043.4, "trend": 46.090622, "fair_value": 40.644838, "relative_strength": -10.264728, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -15.349717, "energy": 26.395653, "activity_lines": [ 45.627325, 46.340961, 46.484628, 46.310274 ] }, { "date": "2024-12-06", "close": 45.898935, "volume": 339531, "typical_volume": 155856.95, "trend": 46.106941, "fair_value": 40.662953, "relative_strength": -10.455956, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.197888, "energy": 26.199378, "activity_lines": [ 45.657172, 46.133565, 46.451014, 46.297907 ] }, { "date": "2024-12-13", "close": 45.964172, "volume": 203855, "typical_volume": 159224.3, "trend": 46.081747, "fair_value": 40.684601, "relative_strength": -9.536659, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.434939, "energy": 18.437668, "activity_lines": [ 45.752878, 45.993947, 46.42064, 46.288696 ] }, { "date": "2024-12-20", "close": 44.877154, "volume": 311841, "typical_volume": 167527.9, "trend": 46.048624, "fair_value": 40.696323, "relative_strength": -9.757258, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.23811, "energy": 23.020787, "activity_lines": [ 45.521659, 45.712946, 46.283678, 46.21098 ] }, { "date": "2024-12-27", "close": 44.733194, "volume": 244851, "typical_volume": 168565.45, "trend": 46.029776, "fair_value": 40.705862, "relative_strength": -10.318087, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.955144, "energy": 35.466344, "activity_lines": [ 45.239744, 45.468575, 46.131481, 46.126114 ] }, { "date": "2025-01-03", "close": 44.483663, "volume": 281309, "typical_volume": 176039.2, "trend": 46.014477, "fair_value": 40.713472, "relative_strength": -10.044728, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -40.94623, "energy": 52.57457, "activity_lines": [ 44.920655, 45.23646, 45.954679, 46.026365 ] }, { "date": "2025-01-10", "close": 43.082452, "volume": 257878, "typical_volume": 183152.85, "trend": 45.941835, "fair_value": 40.706347, "relative_strength": -10.871686, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.032034, "energy": 83.337268, "activity_lines": [ 44.217665, 44.796832, 45.650571, 45.837202 ] }, { "date": "2025-01-17", "close": 44.003797, "volume": 304160, "typical_volume": 194775.0, "trend": 45.894674, "fair_value": 40.710114, "relative_strength": -11.333119, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.282578, "energy": 76.530834, "activity_lines": [ 44.009555, 44.58796, 45.449837, 45.712167 ] }, { "date": "2025-01-24", "close": 44.589234, "volume": 221733, "typical_volume": 196082.35, "trend": 45.86655, "fair_value": 40.727223, "relative_strength": -11.437478, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.066316, "energy": 71.254421, "activity_lines": [ 44.127282, 44.530833, 45.315304, 45.627945 ] }, { "date": "2025-01-31", "close": 44.272522, "volume": 247189, "typical_volume": 202786.0, "trend": 45.793387, "fair_value": 40.734905, "relative_strength": -10.919765, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.557521, "energy": 60.437675, "activity_lines": [ 44.158634, 44.420618, 45.151741, 45.525105 ] }, { "date": "2025-02-07", "close": 44.608429, "volume": 224256, "typical_volume": 208400.85, "trend": 45.718373, "fair_value": 40.739972, "relative_strength": -9.850196, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.514103, "energy": 37.988981, "activity_lines": [ 44.332665, 44.3924, 45.026049, 45.448656 ] }, { "date": "2025-02-14", "close": 45.193866, "volume": 214350, "typical_volume": 206820.3, "trend": 45.715684, "fair_value": 40.74945, "relative_strength": -9.732614, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.678103, "energy": 23.830578, "activity_lines": [ 44.693525, 44.491038, 44.96399, 45.414817 ] }, { "date": "2025-02-21", "close": 45.491384, "volume": 212471, "typical_volume": 208928.45, "trend": 45.721359, "fair_value": 40.766972, "relative_strength": -7.422366, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.112544, "energy": 20.178822, "activity_lines": [ 45.012797, 44.65659, 44.948269, 45.400346 ] }, { "date": "2025-02-28", "close": 44.320509, "volume": 315621, "typical_volume": 218044.2, "trend": 45.713479, "fair_value": 40.786195, "relative_strength": -8.682178, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.881762, "energy": 21.404476, "activity_lines": [ 44.842604, 44.617852, 44.838021, 45.309968 ] }, { "date": "2025-03-07", "close": 45.932862, "volume": 216084, "typical_volume": 225508.8, "trend": 45.759344, "fair_value": 40.824355, "relative_strength": -2.194563, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.342132, "energy": 14.333645, "activity_lines": [ 45.227777, 44.882389, 44.900429, 45.324122 ] }, { "date": "2025-03-14", "close": 46.067224, "volume": 429305, "typical_volume": 242179.9, "trend": 45.769132, "fair_value": 40.850007, "relative_strength": 0.48901, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.876384, "energy": 13.722101, "activity_lines": [ 45.547049, 45.149544, 44.985014, 45.343985 ] }, { "date": "2025-03-21", "close": 46.1536, "volume": 201005, "typical_volume": 243693.6, "trend": 45.762116, "fair_value": 40.87709, "relative_strength": 0.242119, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.984674, "energy": 23.495275, "activity_lines": [ 45.797859, 45.403612, 45.08266, 45.36879 ] }, { "date": "2025-03-28", "close": 45.49743, "volume": 215213, "typical_volume": 245180.0, "trend": 45.738792, "fair_value": 40.895582, "relative_strength": 0.36279, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 15.617084, "energy": 22.747081, "activity_lines": [ 45.765964, 45.482537, 45.119752, 45.351713 ] }, { "date": "2025-04-04", "close": 42.612182, "volume": 388342, "typical_volume": 256558.1, "trend": 45.664958, "fair_value": 40.897932, "relative_strength": 3.417224, "stage": 3, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "down", "direction": -54.053815, "energy": 24.077804, "activity_lines": [ 44.771916, 45.009714, 44.88681, 45.149996 ] }, { "date": "2025-04-11", "close": 43.552722, "volume": 772366, "typical_volume": 286229.4, "trend": 45.599799, "fair_value": 40.909657, "relative_strength": 0.131173, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.183856, "energy": 36.270266, "activity_lines": [ 44.20527, 44.743845, 44.754036, 45.013723 ] }, { "date": "2025-04-18", "close": 44.176549, "volume": 137694, "typical_volume": 286952.7, "trend": 45.530267, "fair_value": 40.933984, "relative_strength": 3.11296, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -48.946652, "energy": 37.601475, "activity_lines": [ 44.005243, 44.604487, 44.689581, 44.9219 ] }, { "date": "2025-04-25", "close": 45.366619, "volume": 295700, "typical_volume": 284761.15, "trend": 45.410008, "fair_value": 40.970714, "relative_strength": 1.368074, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -39.035185, "energy": 30.098806, "activity_lines": [ 44.32795, 44.689357, 44.745869, 44.911342 ] }, { "date": "2025-05-02", "close": 47.036555, "volume": 180495, "typical_volume": 283593.15, "trend": 45.342618, "fair_value": 41.023786, "relative_strength": 2.283168, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 6.273677, "energy": 6.098098, "activity_lines": [ 45.259768, 45.074711, 44.963734, 45.016281 ] }, { "date": "2025-05-09", "close": 47.074945, "volume": 213567, "typical_volume": 278679.45, "trend": 45.300738, "fair_value": 41.082309, "relative_strength": 2.924553, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 36.719078, "energy": 35.012459, "activity_lines": [ 46.101775, 45.438951, 45.180148, 45.128044 ] }, { "date": "2025-05-16", "close": 48.485754, "volume": 199158, "typical_volume": 276394.8, "trend": 45.320175, "fair_value": 41.145663, "relative_strength": 0.867755, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 76.860402, "energy": 71.195316, "activity_lines": [ 47.116533, 46.009621, 45.520459, 45.333529 ] }, { "date": "2025-05-23", "close": 49.051997, "volume": 139954, "typical_volume": 269327.05, "trend": 45.385824, "fair_value": 41.206613, "relative_strength": 4.780437, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.183979, "energy": 82.033059, "activity_lines": [ 47.991171, 46.636828, 45.896829, 45.574292 ] }, { "date": "2025-05-30", "close": 48.764076, "volume": 120985, "typical_volume": 262482.4, "trend": 45.459272, "fair_value": 41.26495, "relative_strength": 2.452141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.0223, "energy": 81.997277, "activity_lines": [ 48.444805, 47.157417, 46.224023, 45.792243 ] }, { "date": "2025-06-06", "close": 50.261261, "volume": 130811, "typical_volume": 253814.95, "trend": 45.584801, "fair_value": 41.341159, "relative_strength": 3.912422, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.595799, "energy": 89.409601, "activity_lines": [ 49.171004, 47.902759, 46.666752, 46.102049 ] }, { "date": "2025-06-13", "close": 50.817907, "volume": 119384, "typical_volume": 248697.5, "trend": 45.784181, "fair_value": 41.432826, "relative_strength": 5.422917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.259509, "energy": 90.827086, "activity_lines": [ 49.86777, 48.662694, 47.132697, 46.439669 ] }, { "date": "2025-06-20", "close": 50.117301, "volume": 100303, "typical_volume": 241353.2, "trend": 45.940649, "fair_value": 41.518177, "relative_strength": 4.139608, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.580861, "energy": 81.671533, "activity_lines": [ 50.081471, 49.14605, 47.502257, 46.719225 ] }, { "date": "2025-06-27", "close": 51.929399, "volume": 240254, "typical_volume": 242153.1, "trend": 46.147256, "fair_value": 41.618081, "relative_strength": 4.286547, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.145828, "energy": 86.345932, "activity_lines": [ 50.790435, 49.839524, 48.016565, 47.105596 ] }, { "date": "2025-07-04", "close": 52.922053, "volume": 131401, "typical_volume": 238005.65, "trend": 46.38136, "fair_value": 41.724685, "relative_strength": 4.512136, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.839528, "energy": 92.041318, "activity_lines": [ 51.638456, 50.572519, 48.590551, 47.54268 ] }, { "date": "2025-07-11", "close": 52.474385, "volume": 204927, "typical_volume": 237628.45, "trend": 46.598368, "fair_value": 41.836451, "relative_strength": 3.928021, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.833828, "energy": 90.003104, "activity_lines": [ 52.060056, 51.086748, 49.0851, 47.935778 ] }, { "date": "2025-07-18", "close": 53.166323, "volume": 125973, "typical_volume": 228146.05, "trend": 46.874673, "fair_value": 41.948163, "relative_strength": 4.603622, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.03966, "energy": 91.759915, "activity_lines": [ 52.564761, 51.627914, 49.612296, 48.359517 ] }, { "date": "2025-07-25", "close": 53.671409, "volume": 158045, "typical_volume": 225244.1, "trend": 47.172614, "fair_value": 42.05807, "relative_strength": 4.020308, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.242855, "energy": 91.953121, "activity_lines": [ 53.081266, 52.150162, 50.145472, 48.798016 ] }, { "date": "2025-08-01", "close": 52.114305, "volume": 134719, "typical_volume": 210514.8, "trend": 47.426968, "fair_value": 42.158494, "relative_strength": 3.521432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.507338, "energy": 76.475865, "activity_lines": [ 52.841797, 52.295015, 50.493503, 49.116835 ] }, { "date": "2025-08-08", "close": 53.564358, "volume": 291470, "typical_volume": 215038.05, "trend": 47.776365, "fair_value": 42.260829, "relative_strength": 3.83432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.168783, "energy": 68.888052, "activity_lines": [ 53.073351, 52.647836, 50.950838, 49.512796 ] }, { "date": "2025-08-15", "close": 54.440228, "volume": 229117, "typical_volume": 215733.25, "trend": 48.124246, "fair_value": 42.374625, "relative_strength": 4.480542, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.555576, "energy": 71.05581, "activity_lines": [ 53.554042, 53.072629, 51.4563, 49.942722 ] }, { "date": "2025-08-22", "close": 54.908333, "volume": 174091, "typical_volume": 205020.7, "trend": 48.468216, "fair_value": 42.490576, "relative_strength": 5.034031, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.662393, "energy": 70.448286, "activity_lines": [ 54.059711, 53.50655, 51.963759, 50.380405 ] }, { "date": "2025-08-29", "close": 54.060684, "volume": 155446, "typical_volume": 174174.7, "trend": 48.794488, "fair_value": 42.606802, "relative_strength": 3.433771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.824934, "energy": 65.389633, "activity_lines": [ 54.166697, 53.711982, 52.331936, 50.74121 ] }, { "date": "2025-09-05", "close": 54.65433, "volume": 86633, "typical_volume": 171621.65, "trend": 49.129352, "fair_value": 42.723677, "relative_strength": 4.204552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.685039, "energy": 66.676988, "activity_lines": [ 54.445613, 53.953651, 52.706613, 51.119264 ] }, { "date": "2025-09-12", "close": 55.841622, "volume": 160326, "typical_volume": 164852.95, "trend": 49.484277, "fair_value": 42.854146, "relative_strength": 4.747557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.268179, "energy": 70.975689, "activity_lines": [ 54.950958, 54.361648, 53.144471, 51.552314 ] }, { "date": "2025-09-19", "close": 56.114115, "volume": 148526, "typical_volume": 163254.5, "trend": 49.838368, "fair_value": 42.997168, "relative_strength": 3.921457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.308507, "energy": 70.365221, "activity_lines": [ 55.395317, 54.766105, 53.5584, 51.980045 ] }, { "date": "2025-09-26", "close": 54.946287, "volume": 184926, "typical_volume": 161822.45, "trend": 50.19256, "fair_value": 43.142125, "relative_strength": 2.137397, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.579341, "energy": 64.964243, "activity_lines": [ 55.338807, 54.892054, 53.817881, 52.309588 ] }, { "date": "2025-10-03", "close": 55.948672, "volume": 102324, "typical_volume": 156980.75, "trend": 50.526421, "fair_value": 43.288131, "relative_strength": 2.926546, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.04026, "energy": 67.060721, "activity_lines": [ 55.613895, 55.167891, 54.135344, 52.68095 ] }, { "date": "2025-10-10", "close": 53.836851, "volume": 179118, "typical_volume": 158938.95, "trend": 50.785408, "fair_value": 43.426309, "relative_strength": 1.54405, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.27393, "energy": 51.250735, "activity_lines": [ 55.059177, 55.018356, 54.216144, 52.894526 ] }, { "date": "2025-10-17", "close": 55.861085, "volume": 303041, "typical_volume": 168041.75, "trend": 51.108991, "fair_value": 43.570812, "relative_strength": 3.530879, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.854395, "energy": 48.078989, "activity_lines": [ 55.233702, 55.205545, 54.466943, 53.221989 ] }, { "date": "2025-10-24", "close": 56.659101, "volume": 132042, "typical_volume": 168103.3, "trend": 51.481047, "fair_value": 43.724089, "relative_strength": 2.982627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.4411, "energy": 53.829731, "activity_lines": [ 55.672935, 55.496068, 54.759948, 53.580061 ] }, { "date": "2025-10-31", "close": 56.493659, "volume": 148606, "typical_volume": 169564.4, "trend": 51.943763, "fair_value": 43.866329, "relative_strength": 1.950451, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.517974, "energy": 52.006527, "activity_lines": [ 56.020689, 55.716169, 55.006731, 53.903455 ] }, { "date": "2025-11-07", "close": 56.196252, "volume": 330931, "typical_volume": 181095.8, "trend": 52.365214, "fair_value": 43.996633, "relative_strength": 2.965983, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.904561, "energy": 53.586123, "activity_lines": [ 56.166148, 55.853371, 55.198162, 54.177809 ] }, { "date": "2025-11-14", "close": 57.281942, "volume": 189179, "typical_volume": 178542.05, "trend": 52.80206, "fair_value": 44.136722, "relative_strength": 4.612934, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.532227, "energy": 66.113864, "activity_lines": [ 56.656999, 56.149142, 55.464045, 54.495018 ] }, { "date": "2025-11-21", "close": 55.189584, "volume": 235184, "typical_volume": 183731.2, "trend": 53.129492, "fair_value": 44.260961, "relative_strength": 2.606168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.990786, "energy": 43.02522, "activity_lines": [ 56.220724, 56.016711, 55.505168, 54.649052 ] }, { "date": "2025-11-28", "close": 56.474195, "volume": 178611, "typical_volume": 182415.4, "trend": 53.44408, "fair_value": 44.383975, "relative_strength": 1.113112, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.505144, "energy": 39.923648, "activity_lines": [ 56.25742, 56.1297, 55.657836, 54.864839 ] }, { "date": "2025-12-05", "close": 56.980253, "volume": 224074, "typical_volume": 187320.45, "trend": 53.774257, "fair_value": 44.514206, "relative_strength": 1.517656, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.327798, "energy": 42.059405, "activity_lines": [ 56.475129, 56.328153, 55.839654, 55.092979 ] }, { "date": "2025-12-12", "close": 56.522854, "volume": 235370, "typical_volume": 191186.7, "trend": 54.042161, "fair_value": 44.643687, "relative_strength": 1.142739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.09625, "energy": 33.695594, "activity_lines": [ 56.507932, 56.406461, 55.959748, 55.270308 ] }, { "date": "2025-12-19", "close": 57.174916, "volume": 408490, "typical_volume": 204875.25, "trend": 54.312925, "fair_value": 44.778091, "relative_strength": 2.014225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.311549, "energy": 41.907181, "activity_lines": [ 56.736315, 56.592886, 56.128365, 55.472421 ] }, { "date": "2025-12-26", "close": 58.047967, "volume": 197272, "typical_volume": 200165.35, "trend": 54.622388, "fair_value": 44.917353, "relative_strength": 1.922506, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.553843, "energy": 56.401311, "activity_lines": [ 57.262851, 56.877355, 56.356032, 55.713391 ] }, { "date": "2026-01-02", "close": 58.712676, "volume": 312879, "typical_volume": 204353.45, "trend": 54.904102, "fair_value": 45.049115, "relative_strength": 3.926882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.366861, "energy": 68.487493, "activity_lines": [ 57.820397, 57.24292, 56.625654, 55.977281 ] }, { "date": "2026-01-09", "close": 59.565885, "volume": 268311, "typical_volume": 209064.45, "trend": 55.195701, "fair_value": 45.179471, "relative_strength": 3.522873, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.796262, "energy": 84.36349, "activity_lines": [ 58.513114, 57.726275, 56.956189, 56.278041 ] }, { "date": "2026-01-16", "close": 60.319883, "volume": 365023, "typical_volume": 219543.3, "trend": 55.535787, "fair_value": 45.312018, "relative_strength": 4.889276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.229373, "energy": 92.334624, "activity_lines": [ 59.284789, 58.290863, 57.336354, 56.608634 ] }, { "date": "2026-01-23", "close": 61.847723, "volume": 2734218, "typical_volume": 351922.55, "trend": 55.866398, "fair_value": 45.452796, "relative_strength": 7.538795, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.682489, "energy": 95.938486, "activity_lines": [ 60.312608, 59.058264, 57.832222, 57.015855 ] }, { "date": "2026-01-30", "close": 61.758433, "volume": 456906, "typical_volume": 366751.55, "trend": 56.160944, "fair_value": 45.598854, "relative_strength": 6.594155, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.911637, "energy": 92.536238, "activity_lines": [ 60.999143, 59.726417, 58.285333, 57.395987 ] }, { "date": "2026-02-06", "close": 62.988641, "volume": 623549, "typical_volume": 390502.7, "trend": 56.511419, "fair_value": 45.755924, "relative_strength": 8.529059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.544123, "energy": 94.131432, "activity_lines": [ 61.848384, 60.49881, 58.82743, 57.836483 ] }, { "date": "2026-02-13", "close": 64.169244, "volume": 429582, "typical_volume": 402735.5, "trend": 56.878183, "fair_value": 45.92255, "relative_strength": 11.513527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.646623, "energy": 94.465218, "activity_lines": [ 62.806094, 61.367414, 59.44923, 58.330537 ] }, { "date": "2026-02-20", "close": 65.604223, "volume": 389734, "typical_volume": 417106.0, "trend": 57.275943, "fair_value": 46.103204, "relative_strength": 12.265507, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.803853, "energy": 95.973658, "activity_lines": [ 63.93524, 62.366214, 60.163776, 58.893507 ] }, { "date": "2026-02-27", "close": 65.637557, "volume": 2285440, "typical_volume": 522422.1, "trend": 57.726718, "fair_value": 46.277083, "relative_strength": 12.370338, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.920985, "energy": 93.533675, "activity_lines": [ 64.723208, 63.205959, 60.835518, 59.432966 ] }, { "date": "2026-03-06", "close": 60.270278, "volume": 1127908, "typical_volume": 563665.45, "trend": 57.950249, "fair_value": 46.425704, "relative_strength": 5.057902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.665128, "energy": 63.921477, "activity_lines": [ 63.469428, 62.915969, 60.939896, 59.597066 ] }, { "date": "2026-03-13", "close": 59.550017, "volume": 549077, "typical_volume": 584517.2, "trend": 58.120575, "fair_value": 46.572037, "relative_strength": 5.215351, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.717053, "energy": 40.426412, "activity_lines": [ 62.074771, 62.454617, 60.954683, 59.700277 ] }, { "date": "2026-03-20", "close": 58.447607, "volume": 408961, "typical_volume": 597534.95, "trend": 58.238551, "fair_value": 46.708463, "relative_strength": 4.987733, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.482783, "energy": 23.293007, "activity_lines": [ 60.541885, 61.777602, 60.850711, 59.721376 ] }, { "date": "2026-03-27", "close": 58.318495, "volume": 434664, "typical_volume": 602721.6, "trend": 58.380478, "fair_value": 46.839743, "relative_strength": 6.928738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.671726, "energy": 28.063914, "activity_lines": [ 59.347404, 61.097444, 60.725138, 59.726534 ] }, { "date": "2026-04-03", "close": 59.62947, "volume": 645104, "typical_volume": 625517.85, "trend": 58.546316, "fair_value": 46.979882, "relative_strength": 5.575527, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.974007, "energy": 25.248274, "activity_lines": [ 59.075631, 60.692035, 60.714315, 59.807114 ] }, { "date": "2026-04-10", "close": 62.956564, "volume": 364318, "typical_volume": 631974.55, "trend": 58.783481, "fair_value": 47.134984, "relative_strength": 7.346342, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.439419, "energy": 21.27435, "activity_lines": [ 60.313428, 60.931884, 61.009178, 60.091646 ] }, { "date": "2026-04-17", "close": 65.399743, "volume": 390550, "typical_volume": 642571.5, "trend": 59.093002, "fair_value": 47.310123, "relative_strength": 6.523399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.47125, "energy": 36.645598, "activity_lines": [ 62.186532, 61.594162, 61.49974, 60.518502 ] }, { "date": "2026-04-24", "close": 64.545624, "volume": 445302, "typical_volume": 653632.9, "trend": 59.41298, "fair_value": 47.478877, "relative_strength": 4.40835, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 63.157648, "energy": 52.194945, "activity_lines": [ 63.384948, 62.057309, 61.866455, 60.870284 ] }, { "date": "2026-05-01", "close": 64.982615, "volume": 298796, "typical_volume": 656804.2, "trend": 59.714111, "fair_value": 47.648046, "relative_strength": 3.992646, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.015145, "energy": 67.615948, "activity_lines": [ 64.322493, 62.593064, 62.238762, 61.229615 ] }, { "date": "2026-05-08", "close": 67.266889, "volume": 398105, "typical_volume": 656284.95, "trend": 60.161779, "fair_value": 47.836972, "relative_strength": 5.012726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.43666, "energy": 79.852548, "activity_lines": [ 65.577188, 63.555445, 62.788334, 61.716891 ] }, { "date": "2026-05-15", "close": 64.89323, "volume": 295246, "typical_volume": 661183.65, "trend": 60.462851, "fair_value": 48.009432, "relative_strength": 0.977121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.328886, "energy": 68.519346, "activity_lines": [ 65.531503, 64.056627, 63.063787, 62.022146 ] }, { "date": "2026-05-22", "close": 65.826803, "volume": 394325, "typical_volume": 665255.95, "trend": 60.768441, "fair_value": 48.188899, "relative_strength": 1.482465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.858467, "energy": 57.686598, "activity_lines": [ 65.667897, 64.643495, 63.395555, 62.368207 ] }, { "date": "2026-05-29", "close": 67.247025, "volume": 294534, "typical_volume": 666567.1, "trend": 61.126886, "fair_value": 48.373834, "relative_strength": 2.068858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.819541, "energy": 52.693586, "activity_lines": [ 66.249228, 65.374463, 63.828705, 62.78618 ] }, { "date": "2026-06-05", "close": 64.029179, "volume": 294295, "typical_volume": 663030.7, "trend": 61.387984, "fair_value": 48.533198, "relative_strength": -0.364069, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.417632, "energy": 38.124484, "activity_lines": [ 65.57785, 65.360378, 63.918817, 62.973425 ] }, { "date": "2026-06-12", "close": 66.82, "volume": 548050, "typical_volume": 553722.3, "trend": 61.705919, "fair_value": 48.705566, "relative_strength": 3.299104, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.003914, "energy": 41.072412, "activity_lines": [ 65.900308, 65.749884, 64.257058, 63.323878 ] }, { "date": "2026-06-19", "close": 68.36, "volume": 306919, "typical_volume": 546222.95, "trend": 62.144933, "fair_value": 48.897049, "relative_strength": 4.56231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.139393, "energy": 47.225459, "activity_lines": [ 66.765893, 66.288654, 64.718289, 63.753173 ] }, { "date": "2026-06-26", "close": 64.25, "volume": 558468, "typical_volume": 542968.9, "trend": 62.404126, "fair_value": 49.058106, "relative_strength": 0.607803, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.768391, "energy": 30.586252, "activity_lines": [ 66.030359, 65.981907, 64.756654, 63.888984 ] }, { "date": "2026-07-03", "close": 64.85, "volume": 579773, "typical_volume": 550478.45, "trend": 62.666451, "fair_value": 49.223641, "relative_strength": -0.638456, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.859689, "energy": 25.590062, "activity_lines": [ 65.599945, 65.805154, 64.846157, 64.046782 ] }, { "date": "2026-07-10", "close": 65.63, "volume": 408771, "typical_volume": 551430.3, "trend": 62.970023, "fair_value": 49.385903, "relative_strength": -0.838399, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 37.610283, "energy": 21.473238, "activity_lines": [ 65.589333, 65.764686, 65.006703, 64.237979 ] }, { "date": "2026-07-17", "close": 62.93, "volume": 632249, "typical_volume": 468770.75, "trend": 63.161859, "fair_value": 49.531891, "relative_strength": -3.405377, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 16.619593, "energy": 15.500437, "activity_lines": [ 64.572, 65.221539, 64.909983, 64.235397 ] }, { "date": "2026-07-24", "close": 62.88, "volume": 514809, "typical_volume": 438115.8, "trend": 63.322927, "fair_value": 49.66848, "relative_strength": -2.910957, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.723675, "energy": 12.331825, "activity_lines": [ 63.797333, 64.748153, 64.821395, 64.217213 ] }, { "date": "2026-07-31", "close": 62.24, "volume": 706244, "typical_volume": 445974.15, "trend": 63.440504, "fair_value": 49.808838, "relative_strength": -4.911266, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.699718, "energy": 21.776361, "activity_lines": [ 63.174667, 64.195007, 64.659427, 64.147346 ] }, { "date": "2026-08-07", "close": 65.49, "volume": 525994, "typical_volume": 451825.8, "trend": 63.637975, "fair_value": 49.975546, "relative_strength": -3.333584, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.852638, "energy": 16.439564, "activity_lines": [ 63.769333, 64.297985, 64.794173, 64.279572 ] } ], "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." } } }