{ "ticker": { "uuid": "7080eaf9-19f7-48a2-935d-046eb96dffac", "symbol": "ATEN", "name": "A10 Network", "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": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 87.968, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 13.903, "architecture_energy": 20.658, "architecture_maturity": 100.0, "architecture_confidence": 78.014, "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": 40.84, "rotation_up": 20.74, "upward_expansion": 59.15, "deceleration": 88.33, "rotation_down": 35.92, "downward_expansion": 22.82 }, "activity_lines": [ 30.958667, 32.704, 31.606581, 29.503617 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 26.84, "trend_reference": 26.388341, "distance_from_trend": 0.017116, "trend_direction": "Improving", "fair_value": 17.503754, "distance_from_fair_value": 0.533385, "fair_value_direction": "Weakening", "relative_strength": 6.826082, "relative_strength_direction": "Weakening", "price_momentum": 0.371407, "excess_performance": 0.245782, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.017116, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.246209, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.533385, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.200281, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.068261, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.226414, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.371407, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.737799, "read": "Demand-led" } ], "volume": { "latest": 8216852, "relative_activity": 1.438163, "balance": 1.737799, "dry_up": 1.237563, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.118534, "annualized_volatility": 0.399695, "from_high_reference": -0.302676, "from_low_reference": 0.632904 }, "levels": { "trend_reference": 26.388341, "fair_value_reference": 17.503754, "structural_low": 18.6799, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.019118, "positive_rate": 0.56, "directional_follow_through": 0.56, "median_excess_return": 0.019459, "regime_survival": 0.76, "best_return": 0.368228, "worst_return": -0.277912, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 8, "median_return": 0.119944, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.086028, "regime_survival": 0.5, "best_return": 0.462592, "worst_return": -0.182513, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.060177, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.027398, "regime_survival": 0.0, "best_return": 0.264425, "worst_return": -0.034099, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.212859, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.193252, "regime_survival": 0.0, "best_return": 0.289046, "worst_return": -0.058185, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-03-22", "end": "2024-06-14", "tenure": "Established", "return": 0.001595, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-06-21", "end": "2024-08-09", "tenure": "Developing", "return": -0.083815, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-08-16", "end": "2024-09-06", "tenure": "New", "return": 0.009125, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-09-13", "end": "2024-10-11", "tenure": "Developing", "return": 0.100369, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-10-18", "end": "2024-11-08", "tenure": "New", "return": 0.11035, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2025-03-14", "tenure": "Established", "return": 0.032165, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.137493, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.030798, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-05-09", "end": "2025-05-30", "tenure": "New", "return": 0.009274, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-06-27", "tenure": "New", "return": 0.047098, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-04", "end": "2025-08-01", "tenure": "Developing", "return": -0.118669, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2026-01-30", "tenure": "Established", "return": 0.008803, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-02-06", "end": "2026-02-13", "tenure": "New", "return": 0.055414, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-02-20", "end": "2026-08-07", "tenure": "Established", "return": 0.346227, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 14.114266, "volume": 3106060, "typical_volume": 3118044.1, "trend": 14.100178, "fair_value": 12.357129, "relative_strength": -10.671387, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 21.446235, "energy": 32.07251, "activity_lines": [ 14.504995, 14.281797, 14.100594, 14.065345 ] }, { "date": "2023-08-25", "close": 14.085442, "volume": 3351201, "typical_volume": 3162855.2, "trend": 14.088476, "fair_value": 12.395711, "relative_strength": -11.372864, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.074962, "energy": 27.936182, "activity_lines": [ 14.381206, 14.261217, 14.111581, 14.064395 ] }, { "date": "2023-09-01", "close": 14.652319, "volume": 3102824, "typical_volume": 3211342.65, "trend": 14.066563, "fair_value": 12.445706, "relative_strength": -10.111011, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 53.767166, "energy": 25.148097, "activity_lines": [ 14.412082, 14.354711, 14.176234, 14.100772 ] }, { "date": "2023-09-08", "close": 14.123874, "volume": 2511785, "typical_volume": 3216197.2, "trend": 14.059306, "fair_value": 12.495008, "relative_strength": -12.222939, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.724604, "energy": 14.939249, "activity_lines": [ 14.284049, 14.338381, 14.188127, 14.104469 ] }, { "date": "2023-09-15", "close": 14.037402, "volume": 4403201, "typical_volume": 3204317.4, "trend": 14.044712, "fair_value": 12.541421, "relative_strength": -12.628473, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 26.577138, "energy": 13.091922, "activity_lines": [ 14.194974, 14.303412, 14.189873, 14.103056 ] }, { "date": "2023-09-22", "close": 14.34486, "volume": 2048534, "typical_volume": 3123539.5, "trend": 14.052755, "fair_value": 12.594533, "relative_strength": -7.997692, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 32.100164, "energy": 14.231879, "activity_lines": [ 14.242374, 14.316909, 14.218222, 14.12242 ] }, { "date": "2023-09-29", "close": 14.440941, "volume": 2138046, "typical_volume": 3059298.25, "trend": 14.055106, "fair_value": 12.649577, "relative_strength": -6.648979, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 35.824646, "energy": 14.731758, "activity_lines": [ 14.306428, 14.332936, 14.249852, 14.147465 ] }, { "date": "2023-10-06", "close": 11.030073, "volume": 7960236, "typical_volume": 3256861.2, "trend": 13.962503, "fair_value": 12.677551, "relative_strength": -28.52799, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.640919, "energy": 58.834162, "activity_lines": [ 13.209826, 13.712988, 13.951265, 13.952301 ] }, { "date": "2023-10-13", "close": 10.482413, "volume": 3865410, "typical_volume": 3259044.8, "trend": 13.854504, "fair_value": 12.700876, "relative_strength": -31.825142, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.723139, "energy": 81.270397, "activity_lines": [ 12.172153, 13.064027, 13.612255, 13.727779 ] }, { "date": "2023-10-20", "close": 10.559277, "volume": 4132639, "typical_volume": 3285326.05, "trend": 13.730643, "fair_value": 12.725652, "relative_strength": -29.021816, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.871201, "energy": 87.104981, "activity_lines": [ 11.402867, 12.513735, 13.298919, 13.515184 ] }, { "date": "2023-10-27", "close": 10.376724, "volume": 3006182, "typical_volume": 3327156.2, "trend": 13.584497, "fair_value": 12.751831, "relative_strength": -27.791385, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.314397, "energy": 90.095933, "activity_lines": [ 10.804604, 12.00276, 12.985638, 13.298802 ] }, { "date": "2023-11-03", "close": 10.501629, "volume": 3009256, "typical_volume": 3288215.25, "trend": 13.467291, "fair_value": 12.774322, "relative_strength": -30.095208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.839243, "energy": 87.449672, "activity_lines": [ 10.512518, 11.58245, 12.699509, 13.099907 ] }, { "date": "2023-11-10", "close": 11.548909, "volume": 7707222, "typical_volume": 3516222.6, "trend": 13.380865, "fair_value": 12.802568, "relative_strength": -23.379177, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.316029, "energy": 77.628721, "activity_lines": [ 10.832147, 11.417715, 12.533069, 12.976141 ] }, { "date": "2023-11-17", "close": 11.549103, "volume": 4265573, "typical_volume": 3576653.3, "trend": 13.308422, "fair_value": 12.82926, "relative_strength": -24.372495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.554016, "energy": 52.917584, "activity_lines": [ 11.117251, 11.309441, 12.377827, 12.857963 ] }, { "date": "2023-11-24", "close": 11.819483, "volume": 1811018, "typical_volume": 3571785.75, "trend": 13.25325, "fair_value": 12.856429, "relative_strength": -22.589452, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.584354, "energy": 37.445586, "activity_lines": [ 11.421369, 11.297141, 12.259831, 12.761902 ] }, { "date": "2023-12-01", "close": 12.23471, "volume": 3598227, "typical_volume": 3636879.8, "trend": 13.22399, "fair_value": 12.886618, "relative_strength": -19.682557, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.83726, "energy": 25.651457, "activity_lines": [ 11.779883, 11.400663, 12.189996, 12.69619 ] }, { "date": "2023-12-08", "close": 12.302305, "volume": 4057597, "typical_volume": 3677741.2, "trend": 13.190313, "fair_value": 12.917898, "relative_strength": -18.533893, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.951983, "energy": 25.630583, "activity_lines": [ 12.037062, 11.554841, 12.132733, 12.636726 ] }, { "date": "2023-12-15", "close": 12.852722, "volume": 8901542, "typical_volume": 3935742.55, "trend": 13.168921, "fair_value": 12.942054, "relative_strength": -16.175104, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -20.38582, "energy": 22.744358, "activity_lines": [ 12.357669, 11.847979, 12.133933, 12.614946 ] }, { "date": "2023-12-22", "close": 12.794784, "volume": 3061465, "typical_volume": 3959260.65, "trend": 13.117525, "fair_value": 12.964462, "relative_strength": -16.536759, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -14.545839, "energy": 20.834511, "activity_lines": [ 12.572042, 12.097444, 12.139416, 12.590808 ] }, { "date": "2023-12-29", "close": 12.717532, "volume": 1126522, "typical_volume": 3858227.0, "trend": 13.067381, "fair_value": 12.986973, "relative_strength": -16.579527, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.242494, "energy": 17.95186, "activity_lines": [ 12.677619, 12.29082, 12.148712, 12.565002 ] }, { "date": "2024-01-05", "close": 12.476121, "volume": 2065643, "typical_volume": 3806206.15, "trend": 13.030565, "fair_value": 13.006381, "relative_strength": -16.230439, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.134955, "energy": 21.825186, "activity_lines": [ 12.642856, 12.401062, 12.143729, 12.526856 ] }, { "date": "2024-01-12", "close": 13.084477, "volume": 1781211, "typical_volume": 3727706.65, "trend": 12.977022, "fair_value": 13.031245, "relative_strength": -13.193368, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.739275, "energy": 34.688807, "activity_lines": [ 12.794784, 12.583743, 12.204486, 12.530335 ] }, { "date": "2024-01-19", "close": 13.113446, "volume": 1715779, "typical_volume": 3658354.4, "trend": 12.950922, "fair_value": 13.055994, "relative_strength": -13.462421, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 12.648315, "energy": 42.672381, "activity_lines": [ 12.904223, 12.724731, 12.272768, 12.539136 ] }, { "date": "2024-01-26", "close": 13.316232, "volume": 2460242, "typical_volume": 3655777.25, "trend": 12.929349, "fair_value": 13.081925, "relative_strength": -12.550354, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.240956, "energy": 53.413071, "activity_lines": [ 13.063877, 12.874142, 12.367691, 12.562705 ] }, { "date": "2024-02-02", "close": 12.698219, "volume": 2952271, "typical_volume": 3583230.75, "trend": 12.898341, "fair_value": 13.100003, "relative_strength": -17.167282, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 21.739842, "energy": 35.008863, "activity_lines": [ 12.982762, 12.879058, 12.407602, 12.547793 ] }, { "date": "2024-02-09", "close": 12.785127, "volume": 5119119, "typical_volume": 3736760.0, "trend": 12.873739, "fair_value": 13.12582, "relative_strength": -17.217775, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.945545, "energy": 23.589968, "activity_lines": [ 12.931905, 12.883798, 12.462167, 12.540489 ] }, { "date": "2024-02-16", "close": 12.601125, "volume": 2508901, "typical_volume": 3755302.75, "trend": 12.841409, "fair_value": 13.150398, "relative_strength": -17.574474, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 5.493026, "energy": 10.877836, "activity_lines": [ 12.799113, 12.845076, 12.506635, 12.522901 ] }, { "date": "2024-02-23", "close": 12.872742, "volume": 2217303, "typical_volume": 3468156.1, "trend": 12.77347, "fair_value": 13.177016, "relative_strength": -16.615874, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 11.940046, "energy": 11.025567, "activity_lines": [ 12.789084, 12.850306, 12.585732, 12.524922 ] }, { "date": "2024-03-01", "close": 13.241367, "volume": 4081247, "typical_volume": 3478947.95, "trend": 12.710162, "fair_value": 13.206955, "relative_strength": -14.508395, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 27.461414, "energy": 19.240674, "activity_lines": [ 12.917977, 12.922195, 12.691162, 12.555109 ] }, { "date": "2024-03-08", "close": 13.115258, "volume": 2839433, "typical_volume": 3414287.65, "trend": 12.662429, "fair_value": 13.23058, "relative_strength": -14.553505, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 29.470354, "energy": 23.876175, "activity_lines": [ 13.009824, 12.963034, 12.771443, 12.581245 ] }, { "date": "2024-03-15", "close": 13.231666, "volume": 11250049, "typical_volume": 3826481.0, "trend": 12.633009, "fair_value": 13.254052, "relative_strength": -13.20472, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": 32.817458, "energy": 36.93859, "activity_lines": [ 13.112671, 13.017808, 12.85064, 12.617969 ] }, { "date": "2024-03-22", "close": 13.221965, "volume": 3494939, "typical_volume": 3850765.15, "trend": 12.604227, "fair_value": 13.281413, "relative_strength": -14.544919, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.137844, "energy": 49.034446, "activity_lines": [ 13.182516, 13.057081, 12.915318, 12.655967 ] }, { "date": "2024-03-29", "close": 13.280169, "volume": 1534134, "typical_volume": 3542110.75, "trend": 12.558489, "fair_value": 13.308249, "relative_strength": -13.849289, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.15566, "energy": 45.451876, "activity_lines": [ 13.230372, 13.104436, 12.972585, 12.699576 ] }, { "date": "2024-04-05", "close": 13.037653, "volume": 2089609, "typical_volume": 3433312.55, "trend": 12.522281, "fair_value": 13.334847, "relative_strength": -14.127151, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.526889, "energy": 32.716113, "activity_lines": [ 13.170228, 13.104666, 12.998511, 12.73049 ] }, { "date": "2024-04-12", "close": 12.707832, "volume": 2031059, "typical_volume": 3444314.6, "trend": 12.477962, "fair_value": 13.359211, "relative_strength": -14.501201, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.428791, "energy": 19.040262, "activity_lines": [ 13.013725, 13.049994, 12.985938, 12.742461 ] }, { "date": "2024-04-19", "close": 12.552621, "volume": 2244505, "typical_volume": 3376628.5, "trend": 12.418221, "fair_value": 13.383299, "relative_strength": -12.381467, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 20.700149, "energy": 13.944941, "activity_lines": [ 12.832646, 12.966927, 12.954352, 12.747277 ] }, { "date": "2024-04-26", "close": 13.13466, "volume": 2227929, "typical_volume": 3285145.1, "trend": 12.374678, "fair_value": 13.415546, "relative_strength": -10.262726, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.104661, "energy": 18.283834, "activity_lines": [ 12.89085, 12.993912, 12.976684, 12.793499 ] }, { "date": "2024-05-03", "close": 14.696462, "volume": 4961735, "typical_volume": 3088154.75, "trend": 12.496891, "fair_value": 13.455112, "relative_strength": 0.04625, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.253934, "energy": 39.207322, "activity_lines": [ 13.475475, 13.295161, 13.143796, 12.943292 ] }, { "date": "2024-05-10", "close": 15.055385, "volume": 3501949, "typical_volume": 3110178.95, "trend": 12.649324, "fair_value": 13.496559, "relative_strength": 0.874371, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.777837, "energy": 75.501793, "activity_lines": [ 14.085322, 13.62851, 13.336312, 13.108356 ] }, { "date": "2024-05-17", "close": 15.755344, "volume": 2492577, "typical_volume": 3178481.7, "trend": 12.822526, "fair_value": 13.541237, "relative_strength": 4.053355, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.789673, "energy": 88.709878, "activity_lines": [ 14.793972, 14.056142, 13.584725, 13.308744 ] }, { "date": "2024-05-24", "close": 14.723165, "volume": 5902954, "typical_volume": 3370347.25, "trend": 12.967407, "fair_value": 13.577383, "relative_strength": -2.313554, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.752101, "energy": 80.502904, "activity_lines": [ 14.955396, 14.248104, 13.72037, 13.431366 ] }, { "date": "2024-05-31", "close": 14.752377, "volume": 2405354, "typical_volume": 3401554.4, "trend": 13.109099, "fair_value": 13.6121, "relative_strength": -1.352669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.348783, "energy": 77.872157, "activity_lines": [ 14.981854, 14.418259, 13.848097, 13.546525 ] }, { "date": "2024-06-07", "close": 13.739673, "volume": 3969760, "typical_volume": 3514253.45, "trend": 13.182124, "fair_value": 13.637333, "relative_strength": -8.876273, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.264238, "energy": 45.13805, "activity_lines": [ 14.562896, 14.37646, 13.871433, 13.587208 ] }, { "date": "2024-06-14", "close": 13.243058, "volume": 4646246, "typical_volume": 3623553.65, "trend": 13.238589, "fair_value": 13.659143, "relative_strength": -13.03274, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.797525, "energy": 15.703305, "activity_lines": [ 14.042186, 14.236013, 13.844491, 13.591139 ] }, { "date": "2024-06-21", "close": 13.476759, "volume": 15593702, "typical_volume": 4255625.2, "trend": 13.293832, "fair_value": 13.680118, "relative_strength": -11.593414, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.214176, "energy": 20.981959, "activity_lines": [ 13.720198, 14.134322, 13.840154, 13.606505 ] }, { "date": "2024-06-28", "close": 13.486497, "volume": 5427380, "typical_volume": 4271038.25, "trend": 13.335558, "fair_value": 13.697204, "relative_strength": -11.044763, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.433332, "energy": 22.562509, "activity_lines": [ 13.553361, 14.020421, 13.833038, 13.618935 ] }, { "date": "2024-07-05", "close": 13.359909, "volume": 1777088, "typical_volume": 4234447.6, "trend": 13.370812, "fair_value": 13.711863, "relative_strength": -13.089729, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.894341, "energy": 20.620378, "activity_lines": [ 13.426773, 13.866525, 13.810525, 13.620506 ] }, { "date": "2024-07-12", "close": 13.496234, "volume": 1980691, "typical_volume": 4222617.0, "trend": 13.392262, "fair_value": 13.734339, "relative_strength": -12.652454, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.288525, "energy": 13.854509, "activity_lines": [ 13.438458, 13.73332, 13.797383, 13.628598 ] }, { "date": "2024-07-19", "close": 13.223583, "volume": 2587391, "typical_volume": 4147924.2, "trend": 13.406555, "fair_value": 13.750937, "relative_strength": -12.314321, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.809303, "energy": 17.050375, "activity_lines": [ 13.375489, 13.572364, 13.755305, 13.617715 ] }, { "date": "2024-07-26", "close": 13.875998, "volume": 2464785, "typical_volume": 4129191.8, "trend": 13.445171, "fair_value": 13.763458, "relative_strength": -6.722529, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.59657, "energy": 10.218563, "activity_lines": [ 13.531289, 13.563335, 13.775446, 13.648002 ] }, { "date": "2024-08-02", "close": 12.688018, "volume": 4524460, "typical_volume": 3792912.35, "trend": 13.452234, "fair_value": 13.765611, "relative_strength": -12.209324, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.337704, "energy": 20.196607, "activity_lines": [ 13.264481, 13.372479, 13.678824, 13.599153 ] }, { "date": "2024-08-09", "close": 12.347204, "volume": 5609014, "typical_volume": 3898616.1, "trend": 13.427658, "fair_value": 13.764083, "relative_strength": -13.975831, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -31.836286, "energy": 39.142083, "activity_lines": [ 12.937299, 13.156659, 13.552333, 13.527861 ] }, { "date": "2024-08-16", "close": 12.864705, "volume": 3354728, "typical_volume": 3989645.8, "trend": 13.419367, "fair_value": 13.767667, "relative_strength": -13.223971, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.691266, "energy": 37.807698, "activity_lines": [ 12.850132, 13.078662, 13.479292, 13.491541 ] }, { "date": "2024-08-23", "close": 13.070148, "volume": 4225450, "typical_volume": 4096437.85, "trend": 13.411164, "fair_value": 13.764789, "relative_strength": -12.484868, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.330323, "energy": 45.235788, "activity_lines": [ 12.873547, 13.053925, 13.427796, 13.469011 ] }, { "date": "2024-08-30", "close": 13.471253, "volume": 2112244, "typical_volume": 4100497.1, "trend": 13.436932, "fair_value": 13.768431, "relative_strength": -9.45518, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.498542, "energy": 23.130838, "activity_lines": [ 13.040893, 13.105261, 13.414346, 13.472888 ] }, { "date": "2024-09-06", "close": 12.982101, "volume": 1848474, "typical_volume": 4080695.55, "trend": 13.443498, "fair_value": 13.769477, "relative_strength": -8.435324, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -14.8539, "energy": 11.87905, "activity_lines": [ 13.072172, 13.067761, 13.350674, 13.443544 ] }, { "date": "2024-09-13", "close": 13.256026, "volume": 2717810, "typical_volume": 4105189.6, "trend": 13.465328, "fair_value": 13.771739, "relative_strength": -9.547806, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.744374, "energy": 17.422659, "activity_lines": [ 13.175153, 13.089235, 13.311045, 13.431449 ] }, { "date": "2024-09-20", "close": 13.715829, "volume": 5997073, "typical_volume": 4156956.5, "trend": 13.493431, "fair_value": 13.772162, "relative_strength": -7.06266, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -17.997554, "energy": 14.760606, "activity_lines": [ 13.370814, 13.196199, 13.31463, 13.44761 ] }, { "date": "2024-09-27", "close": 13.882141, "volume": 2468470, "typical_volume": 4105282.55, "trend": 13.51479, "fair_value": 13.779396, "relative_strength": -5.771682, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 7.366405, "energy": 12.661636, "activity_lines": [ 13.56517, 13.329409, 13.338723, 13.472688 ] }, { "date": "2024-10-04", "close": 13.999538, "volume": 2118641, "typical_volume": 4086585.75, "trend": 13.544266, "fair_value": 13.789237, "relative_strength": -5.112409, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.92397, "energy": 24.721796, "activity_lines": [ 13.744526, 13.47199, 13.379583, 13.503962 ] }, { "date": "2024-10-11", "close": 14.586521, "volume": 2045389, "typical_volume": 3893707.5, "trend": 13.589428, "fair_value": 13.800328, "relative_strength": -2.299504, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 35.393243, "energy": 49.178369, "activity_lines": [ 14.084324, 13.719049, 13.484708, 13.571205 ] }, { "date": "2024-10-18", "close": 14.273463, "volume": 1289479, "typical_volume": 3837913.75, "trend": 13.624478, "fair_value": 13.810729, "relative_strength": -5.145321, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 26.563782, "energy": 51.475647, "activity_lines": [ 14.212808, 13.874671, 13.560669, 13.615336 ] }, { "date": "2024-10-25", "close": 14.185416, "volume": 1463771, "typical_volume": 3712614.3, "trend": 13.654652, "fair_value": 13.789803, "relative_strength": -4.747775, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.38786, "energy": 49.209454, "activity_lines": [ 14.244114, 13.97926, 13.630524, 13.651526 ] }, { "date": "2024-11-01", "close": 14.302812, "volume": 1596884, "typical_volume": 3560146.2, "trend": 13.696824, "fair_value": 13.782317, "relative_strength": -2.654797, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.00427, "energy": 55.045558, "activity_lines": [ 14.283246, 14.081182, 13.709438, 13.693342 ] }, { "date": "2024-11-08", "close": 15.848533, "volume": 3923565, "typical_volume": 2976639.35, "trend": 13.801514, "fair_value": 13.784674, "relative_strength": 2.975307, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 89.872257, "energy": 80.97571, "activity_lines": [ 14.809574, 14.441731, 13.930516, 13.832162 ] }, { "date": "2024-11-15", "close": 16.083326, "volume": 3860573, "typical_volume": 2898299.0, "trend": 13.919205, "fair_value": 13.788837, "relative_strength": 6.601461, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 88.69419, "energy": 89.519763, "activity_lines": [ 15.2909, 14.801747, 14.162662, 13.979376 ] }, { "date": "2024-11-22", "close": 16.319089, "volume": 3133446, "typical_volume": 2966116.9, "trend": 14.025352, "fair_value": 13.802015, "relative_strength": 6.304728, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.916163, "energy": 93.066932, "activity_lines": [ 15.751026, 15.148243, 14.404895, 14.134207 ] }, { "date": "2024-11-29", "close": 16.741304, "volume": 3242499, "typical_volume": 3029207.3, "trend": 14.093514, "fair_value": 13.81856, "relative_strength": 7.71878, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.108744, "energy": 93.662003, "activity_lines": [ 16.215515, 15.515814, 14.673248, 14.30943 ] }, { "date": "2024-12-06", "close": 17.80175, "volume": 3783516, "typical_volume": 3089013.55, "trend": 14.185059, "fair_value": 13.838901, "relative_strength": 13.365385, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.926707, "energy": 96.365945, "activity_lines": [ 16.863095, 16.021184, 15.027144, 14.548671 ] }, { "date": "2024-12-13", "close": 18.331973, "volume": 3027660, "typical_volume": 3117157.3, "trend": 14.270947, "fair_value": 13.866123, "relative_strength": 17.202324, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.272587, "energy": 96.37557, "activity_lines": [ 17.454152, 16.551693, 15.409735, 14.816214 ] }, { "date": "2024-12-20", "close": 18.184689, "volume": 7817607, "typical_volume": 3281814.65, "trend": 14.386331, "fair_value": 13.885076, "relative_strength": 18.137802, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.647741, "energy": 91.825654, "activity_lines": [ 17.830552, 16.976651, 15.757081, 15.068713 ] }, { "date": "2024-12-27", "close": 18.243602, "volume": 1300542, "typical_volume": 3066391.05, "trend": 14.502705, "fair_value": 13.902486, "relative_strength": 17.442719, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.313279, "energy": 88.734488, "activity_lines": [ 18.086499, 17.346899, 16.083863, 15.317569 ] }, { "date": "2025-01-03", "close": 17.958853, "volume": 1592803, "typical_volume": 2978294.8, "trend": 14.643344, "fair_value": 13.927857, "relative_strength": 15.922611, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.022332, "energy": 73.091136, "activity_lines": [ 18.119229, 17.593191, 16.355448, 15.540547 ] }, { "date": "2025-01-10", "close": 18.027586, "volume": 2198208, "typical_volume": 2876932.7, "trend": 14.802829, "fair_value": 13.956669, "relative_strength": 18.380447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.964943, "energy": 65.494161, "activity_lines": [ 18.0937, 17.783371, 16.609321, 15.758885 ] }, { "date": "2025-01-17", "close": 18.616722, "volume": 3731630, "typical_volume": 2957902.0, "trend": 14.974161, "fair_value": 13.988778, "relative_strength": 18.438362, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.35111, "energy": 66.60152, "activity_lines": [ 18.249494, 18.012944, 16.895696, 16.004942 ] }, { "date": "2025-01-24", "close": 18.92111, "volume": 2244937, "typical_volume": 2977725.15, "trend": 15.155315, "fair_value": 14.024519, "relative_strength": 18.019902, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.548692, "energy": 66.45933, "activity_lines": [ 18.487767, 18.24753, 17.186557, 16.259584 ] }, { "date": "2025-01-31", "close": 19.254954, "volume": 3104351, "typical_volume": 2997052.2, "trend": 15.351816, "fair_value": 14.064021, "relative_strength": 20.802867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.329475, "energy": 66.321684, "activity_lines": [ 18.788227, 18.491218, 17.480933, 16.524077 ] }, { "date": "2025-02-07", "close": 20.109202, "volume": 4242817, "typical_volume": 2909339.4, "trend": 15.572248, "fair_value": 14.115122, "relative_strength": 25.685895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.941462, "energy": 70.365086, "activity_lines": [ 19.306012, 18.836845, 17.828098, 16.831005 ] }, { "date": "2025-02-14", "close": 21.307114, "volume": 4058129, "typical_volume": 2988822.35, "trend": 15.841699, "fair_value": 14.173548, "relative_strength": 30.338142, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.01488, "energy": 81.615795, "activity_lines": [ 20.079745, 19.33904, 18.258906, 17.200997 ] }, { "date": "2025-02-21", "close": 19.997573, "volume": 2838370, "typical_volume": 3024808.8, "trend": 16.045752, "fair_value": 14.216409, "relative_strength": 23.638296, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.000058, "energy": 65.861162, "activity_lines": [ 20.19833, 19.539402, 18.529639, 17.469118 ] }, { "date": "2025-02-28", "close": 20.470189, "volume": 5856389, "typical_volume": 3215358.8, "trend": 16.305158, "fair_value": 14.263806, "relative_strength": 27.034996, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.595683, "energy": 65.875088, "activity_lines": [ 20.382396, 19.795411, 18.816821, 17.754565 ] }, { "date": "2025-03-07", "close": 19.396956, "volume": 5131779, "typical_volume": 3407473.8, "trend": 16.540149, "fair_value": 14.309927, "relative_strength": 23.514929, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.524916, "energy": 57.354036, "activity_lines": [ 20.105446, 19.814732, 18.973773, 17.954036 ] }, { "date": "2025-03-14", "close": 16.600644, "volume": 11517832, "typical_volume": 3910176.85, "trend": 16.664681, "fair_value": 14.332037, "relative_strength": 7.920502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.365103, "energy": 15.368674, "activity_lines": [ 18.886925, 19.304662, 18.840012, 17.957939 ] }, { "date": "2025-03-21", "close": 17.043722, "volume": 12919119, "typical_volume": 4476288.6, "trend": 16.797133, "fair_value": 14.357349, "relative_strength": 9.890403, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.766432, "energy": 19.193002, "activity_lines": [ 18.05, 18.899847, 18.736947, 17.982393 ] }, { "date": "2025-03-28", "close": 16.48249, "volume": 6208665, "typical_volume": 4590543.6, "trend": 16.897508, "fair_value": 14.377737, "relative_strength": 7.565807, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -10.767967, "energy": 29.356765, "activity_lines": [ 17.310225, 18.410879, 18.56738, 17.962094 ] }, { "date": "2025-04-04", "close": 14.700333, "volume": 5670166, "typical_volume": 4681023.25, "trend": 16.954782, "fair_value": 14.392547, "relative_strength": 5.234676, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -43.606002, "energy": 48.000062, "activity_lines": [ 16.210736, 17.636685, 18.225065, 17.82034 ] }, { "date": "2025-04-11", "close": 15.665258, "volume": 5473264, "typical_volume": 4798014.15, "trend": 17.03509, "fair_value": 14.414747, "relative_strength": 5.817574, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -29.418642, "energy": 53.24955, "activity_lines": [ 15.817545, 17.114675, 17.981233, 17.737145 ] }, { "date": "2025-04-18", "close": 15.507719, "volume": 4101232, "typical_volume": 4840950.8, "trend": 17.094819, "fair_value": 14.427139, "relative_strength": 5.973495, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.894047, "energy": 59.13382, "activity_lines": [ 15.620622, 16.629287, 17.725511, 17.638605 ] }, { "date": "2025-04-25", "close": 16.246182, "volume": 4603967, "typical_volume": 4881973.35, "trend": 17.173621, "fair_value": 14.445229, "relative_strength": 5.890401, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.53616, "energy": 48.445645, "activity_lines": [ 15.742714, 16.36183, 17.545993, 17.583854 ] }, { "date": "2025-05-02", "close": 16.14772, "volume": 5508488, "typical_volume": 5006014.75, "trend": 17.245227, "fair_value": 14.458771, "relative_strength": 2.298714, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.02201, "energy": 31.065856, "activity_lines": [ 15.885156, 16.168487, 17.364505, 17.517667 ] }, { "date": "2025-05-09", "close": 16.896029, "volume": 6190831, "typical_volume": 4924675.95, "trend": 17.32221, "fair_value": 14.474218, "relative_strength": 7.448939, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.128737, "energy": 19.505915, "activity_lines": [ 16.299351, 16.181197, 17.264686, 17.495138 ] }, { "date": "2025-05-16", "close": 17.418281, "volume": 4065430, "typical_volume": 5062920.35, "trend": 17.427038, "fair_value": 14.497244, "relative_strength": 5.263394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -10.321455, "energy": 10.952441, "activity_lines": [ 16.741251, 16.353847, 17.220741, 17.501336 ] }, { "date": "2025-05-23", "close": 16.825486, "volume": 3040481, "typical_volume": 5135304.25, "trend": 17.51504, "fair_value": 14.509638, "relative_strength": 4.266264, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -33.553656, "energy": 20.834353, "activity_lines": [ 16.868684, 16.454692, 17.12427, 17.462527 ] }, { "date": "2025-05-30", "close": 17.052724, "volume": 2519333, "typical_volume": 5151360.5, "trend": 17.606704, "fair_value": 14.523369, "relative_strength": 3.788009, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -29.537089, "energy": 20.862604, "activity_lines": [ 16.984012, 16.592765, 17.054838, 17.4327 ] }, { "date": "2025-06-06", "close": 18.040715, "volume": 3249549, "typical_volume": 5127256.45, "trend": 17.679776, "fair_value": 14.551171, "relative_strength": 7.713067, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -14.089603, "energy": 16.261438, "activity_lines": [ 17.374901, 16.91031, 17.084142, 17.460701 ] }, { "date": "2025-06-13", "close": 17.467681, "volume": 2870953, "typical_volume": 5158557.25, "trend": 17.725922, "fair_value": 14.579955, "relative_strength": 4.338935, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -11.154422, "energy": 14.05818, "activity_lines": [ 17.448579, 17.095334, 17.061614, 17.447017 ] }, { "date": "2025-06-20", "close": 17.56648, "volume": 3910938, "typical_volume": 5198886.6, "trend": 17.767501, "fair_value": 14.604656, "relative_strength": 4.775402, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -7.014162, "energy": 14.058347, "activity_lines": [ 17.51708, 17.248007, 17.055417, 17.43673 ] }, { "date": "2025-06-27", "close": 18.890388, "volume": 4390100, "typical_volume": 5206250.75, "trend": 17.839137, "fair_value": 14.644253, "relative_strength": 8.475366, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.423525, "energy": 35.551079, "activity_lines": [ 18.017004, 17.606823, 17.183347, 17.509175 ] }, { "date": "2025-07-04", "close": 19.898138, "volume": 3563430, "typical_volume": 5181515.8, "trend": 17.909017, "fair_value": 14.685715, "relative_strength": 11.792209, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 45.595986, "energy": 60.996936, "activity_lines": [ 18.715184, 18.087363, 17.413057, 17.642013 ] }, { "date": "2025-07-11", "close": 18.040715, "volume": 3831742, "typical_volume": 5231184.4, "trend": 17.899309, "fair_value": 14.717205, "relative_strength": 1.326305, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.829502, "energy": 51.991679, "activity_lines": [ 18.604529, 18.16379, 17.472579, 17.65051 ] }, { "date": "2025-07-18", "close": 18.505071, "volume": 6502038, "typical_volume": 5263466.85, "trend": 17.909988, "fair_value": 14.749555, "relative_strength": 2.924983, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.051329, "energy": 47.895279, "activity_lines": [ 18.648659, 18.290228, 17.585644, 17.689592 ] }, { "date": "2025-07-25", "close": 18.356872, "volume": 2959618, "typical_volume": 5154858.8, "trend": 17.913764, "fair_value": 14.777087, "relative_strength": 0.372251, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 19.878252, "energy": 30.779704, "activity_lines": [ 18.57423, 18.360465, 17.693952, 17.718423 ] }, { "date": "2025-08-01", "close": 17.53684, "volume": 3680052, "typical_volume": 4762969.8, "trend": 17.899696, "fair_value": 14.796278, "relative_strength": -2.008737, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 5.344771, "energy": 6.406245, "activity_lines": [ 18.173765, 18.26454, 17.729114, 17.694105 ] }, { "date": "2025-08-08", "close": 17.200923, "volume": 5563274, "typical_volume": 4395177.55, "trend": 17.872141, "fair_value": 14.810475, "relative_strength": -6.439164, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.663438, "energy": 10.488084, "activity_lines": [ 17.751563, 18.094606, 17.727827, 17.649023 ] }, { "date": "2025-08-15", "close": 17.032965, "volume": 4177524, "typical_volume": 4293620.5, "trend": 17.819349, "fair_value": 14.823595, "relative_strength": -8.435648, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -16.44044, "energy": 18.330566, "activity_lines": [ 17.45319, 17.891439, 17.709795, 17.594883 ] }, { "date": "2025-08-22", "close": 17.231253, "volume": 2779049, "typical_volume": 4149064.65, "trend": 17.763021, "fair_value": 14.842231, "relative_strength": -7.832011, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -31.975819, "energy": 26.475689, "activity_lines": [ 17.288096, 17.742647, 17.708026, 17.556941 ] }, { "date": "2025-08-29", "close": 17.558428, "volume": 3550418, "typical_volume": 4052922.35, "trend": 17.70647, "fair_value": 14.875094, "relative_strength": -6.232389, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.20505, "energy": 20.143853, "activity_lines": [ 17.316982, 17.657641, 17.725365, 17.543741 ] }, { "date": "2025-09-05", "close": 17.489028, "volume": 2500081, "typical_volume": 3972864.8, "trend": 17.619131, "fair_value": 14.90442, "relative_strength": -7.085064, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -19.861134, "energy": 16.022862, "activity_lines": [ 17.375964, 17.560162, 17.727079, 17.529713 ] }, { "date": "2025-09-12", "close": 17.300654, "volume": 2989572, "typical_volume": 3892145.05, "trend": 17.485582, "fair_value": 14.937207, "relative_strength": -9.653311, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.662954, "energy": 10.450617, "activity_lines": [ 17.375342, 17.453913, 17.701417, 17.509166 ] }, { "date": "2025-09-19", "close": 18.024406, "volume": 5066694, "typical_volume": 3870055.35, "trend": 17.41981, "fair_value": 14.973907, "relative_strength": -7.18905, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.306386, "energy": 12.617437, "activity_lines": [ 17.609323, 17.526482, 17.739664, 17.543929 ] }, { "date": "2025-09-26", "close": 18.153293, "volume": 3288833, "typical_volume": 3724955.45, "trend": 17.34258, "fair_value": 15.009795, "relative_strength": -6.434695, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.636347, "energy": 18.552829, "activity_lines": [ 17.820169, 17.622782, 17.781248, 17.59125 ] }, { "date": "2025-10-03", "close": 18.153293, "volume": 2674540, "typical_volume": 3655410.95, "trend": 17.301124, "fair_value": 15.036525, "relative_strength": -7.61324, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 38.864303, "energy": 23.016623, "activity_lines": [ 17.969546, 17.725478, 17.816846, 17.643554 ] }, { "date": "2025-10-10", "close": 17.578257, "volume": 2162702, "typical_volume": 3611522.0, "trend": 17.333711, "fair_value": 15.059751, "relative_strength": -8.408562, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 31.354336, "energy": 20.42565, "activity_lines": [ 17.887587, 17.727323, 17.794179, 17.661434 ] }, { "date": "2025-10-17", "close": 17.310568, "volume": 2069974, "typical_volume": 3589054.05, "trend": 17.342606, "fair_value": 15.073134, "relative_strength": -11.424767, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 19.687259, "energy": 10.594484, "activity_lines": [ 17.710449, 17.679745, 17.742432, 17.659941 ] }, { "date": "2025-10-24", "close": 17.885604, "volume": 1766515, "typical_volume": 3514902.35, "trend": 17.389377, "fair_value": 15.083775, "relative_strength": -10.314848, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 24.645467, "energy": 9.710693, "activity_lines": [ 17.724329, 17.734725, 17.744223, 17.694973 ] }, { "date": "2025-10-31", "close": 17.687316, "volume": 2344428, "typical_volume": 3488576.1, "trend": 17.488943, "fair_value": 15.086413, "relative_strength": -11.96806, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.981211, "energy": 12.34075, "activity_lines": [ 17.681367, 17.73815, 17.727868, 17.714195 ] }, { "date": "2025-11-07", "close": 17.082537, "volume": 3713103, "typical_volume": 3478684.35, "trend": 17.536186, "fair_value": 15.084143, "relative_strength": -13.496304, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.387233, "energy": 17.297112, "activity_lines": [ 17.467877, 17.623323, 17.652869, 17.687975 ] }, { "date": "2025-11-14", "close": 17.340311, "volume": 5405749, "typical_volume": 3529466.8, "trend": 17.597272, "fair_value": 15.088033, "relative_strength": -12.202643, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.28653, "energy": 23.032547, "activity_lines": [ 17.411695, 17.564017, 17.604725, 17.675338 ] }, { "date": "2025-11-21", "close": 16.755361, "volume": 3015266, "typical_volume": 3502058.6, "trend": 17.614245, "fair_value": 15.084523, "relative_strength": -13.372784, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -33.857945, "energy": 40.796462, "activity_lines": [ 17.176393, 17.40106, 17.508252, 17.621021 ] }, { "date": "2025-11-28", "close": 17.133451, "volume": 2424721, "typical_volume": 3431707.55, "trend": 17.647102, "fair_value": 15.078509, "relative_strength": -14.404572, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.901903, "energy": 48.75256, "activity_lines": [ 17.104135, 17.316761, 17.462754, 17.590002 ] }, { "date": "2025-12-05", "close": 17.680687, "volume": 2334056, "typical_volume": 3223308.45, "trend": 17.673258, "fair_value": 15.078314, "relative_strength": -11.743431, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.759153, "energy": 30.200417, "activity_lines": [ 17.264432, 17.348159, 17.473693, 17.592169 ] }, { "date": "2025-12-12", "close": 18.028928, "volume": 3454083, "typical_volume": 3248031.7, "trend": 17.693612, "fair_value": 15.092642, "relative_strength": -9.231643, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -19.618032, "energy": 9.534033, "activity_lines": [ 17.541252, 17.451466, 17.521724, 17.615116 ] }, { "date": "2025-12-19", "close": 17.869732, "volume": 7475785, "typical_volume": 3437818.35, "trend": 17.728421, "fair_value": 15.103637, "relative_strength": -9.852984, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -17.997117, "energy": 13.744733, "activity_lines": [ 17.701913, 17.528089, 17.556155, 17.626478 ] }, { "date": "2025-12-26", "close": 17.979179, "volume": 1515738, "typical_volume": 3235441.55, "trend": 17.759302, "fair_value": 15.117707, "relative_strength": -10.283264, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 14.189797, "energy": 17.407749, "activity_lines": [ 17.863762, 17.619313, 17.599425, 17.642656 ] }, { "date": "2026-01-02", "close": 17.262798, "volume": 1466699, "typical_volume": 3099900.3, "trend": 17.733372, "fair_value": 15.131809, "relative_strength": -12.643802, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.033673, "energy": 17.193968, "activity_lines": [ 17.70523, 17.568129, 17.570762, 17.610623 ] }, { "date": "2026-01-09", "close": 17.143401, "volume": 2614060, "typical_volume": 3091650.85, "trend": 17.722563, "fair_value": 15.14545, "relative_strength": -14.22721, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.925727, "energy": 16.317371, "activity_lines": [ 17.498275, 17.50656, 17.529633, 17.572561 ] }, { "date": "2026-01-16", "close": 17.222999, "volume": 2721776, "typical_volume": 3050218.75, "trend": 17.711113, "fair_value": 15.160574, "relative_strength": -13.144887, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.442851, "energy": 23.878597, "activity_lines": [ 17.353672, 17.469353, 17.496503, 17.540331 ] }, { "date": "2026-01-23", "close": 17.292647, "volume": 1992188, "typical_volume": 3024824.1, "trend": 17.657855, "fair_value": 15.178882, "relative_strength": -12.109095, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.219698, "energy": 26.540771, "activity_lines": [ 17.286014, 17.442255, 17.471604, 17.513333 ] }, { "date": "2026-01-30", "close": 17.352345, "volume": 3806080, "typical_volume": 3065649.5, "trend": 17.572995, "fair_value": 15.191976, "relative_strength": -11.721218, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.452319, "energy": 28.719138, "activity_lines": [ 17.276727, 17.426878, 17.453325, 17.493623 ] }, { "date": "2026-02-06", "close": 19.571137, "volume": 6108386, "typical_volume": 3117734.1, "trend": 17.624009, "fair_value": 15.225499, "relative_strength": 0.135952, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.752407, "energy": 38.61272, "activity_lines": [ 18.048827, 17.804064, 17.646114, 17.622535 ] }, { "date": "2026-02-13", "close": 20.655659, "volume": 6018112, "typical_volume": 3254198.05, "trend": 17.695696, "fair_value": 15.265117, "relative_strength": 7.429196, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.008711, "energy": 76.302074, "activity_lines": [ 19.028545, 18.334113, 17.934825, 17.818125 ] }, { "date": "2026-02-20", "close": 19.937201, "volume": 3460639, "typical_volume": 3293503.0, "trend": 17.748373, "fair_value": 15.302512, "relative_strength": 2.874455, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.843191, "energy": 78.748781, "activity_lines": [ 19.534626, 18.679444, 18.143195, 17.962739 ] }, { "date": "2026-02-27", "close": 19.218743, "volume": 3640614, "typical_volume": 3367398.6, "trend": 17.804437, "fair_value": 15.333591, "relative_strength": 0.133009, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.474288, "energy": 76.057801, "activity_lines": [ 19.620274, 18.85945, 18.274646, 18.057601 ] }, { "date": "2026-03-06", "close": 20.426151, "volume": 3375059, "typical_volume": 3432652.85, "trend": 17.911944, "fair_value": 15.376014, "relative_strength": 8.854484, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.131987, "energy": 78.332892, "activity_lines": [ 19.979986, 19.234457, 18.513277, 18.226744 ] }, { "date": "2026-03-13", "close": 20.92508, "volume": 2901661, "typical_volume": 3489410.15, "trend": 18.041682, "fair_value": 15.422186, "relative_strength": 13.075627, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.610315, "energy": 71.039419, "activity_lines": [ 20.301086, 19.655689, 18.784589, 18.42114 ] }, { "date": "2026-03-20", "close": 21.414031, "volume": 10944360, "typical_volume": 3919406.75, "trend": 18.181107, "fair_value": 15.467948, "relative_strength": 17.641422, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.226594, "energy": 65.473062, "activity_lines": [ 20.694908, 20.099233, 19.087993, 18.638711 ] }, { "date": "2026-03-27", "close": 22.292146, "volume": 5357662, "typical_volume": 4001634.7, "trend": 18.338898, "fair_value": 15.516224, "relative_strength": 24.821377, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.569971, "energy": 75.824852, "activity_lines": [ 21.330876, 20.624787, 19.457281, 18.903939 ] }, { "date": "2026-04-03", "close": 23.938611, "volume": 3965972, "typical_volume": 3929645.85, "trend": 18.553884, "fair_value": 15.579819, "relative_strength": 28.974258, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.523878, "energy": 88.473906, "activity_lines": [ 22.35867, 21.357532, 19.958568, 19.265211 ] }, { "date": "2026-04-10", "close": 23.94859, "volume": 4274131, "typical_volume": 3992589.1, "trend": 18.775482, "fair_value": 15.642683, "relative_strength": 24.071064, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.081983, "energy": 88.633497, "activity_lines": [ 23.075132, 21.971255, 20.429385, 19.613256 ] }, { "date": "2026-04-17", "close": 27.490985, "volume": 7008411, "typical_volume": 4221773.6, "trend": 19.091035, "fair_value": 15.730944, "relative_strength": 35.452739, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.8235, "energy": 95.235474, "activity_lines": [ 24.737563, 23.109119, 21.203319, 20.175547 ] }, { "date": "2026-04-24", "close": 27.500964, "volume": 5201822, "typical_volume": 4365161.9, "trend": 19.402624, "fair_value": 15.820856, "relative_strength": 33.998294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.246415, "energy": 93.61186, "activity_lines": [ 25.965593, 24.1048, 21.928882, 20.718123 ] }, { "date": "2026-05-01", "close": 26.792485, "volume": 6092057, "typical_volume": 4497060.6, "trend": 19.690597, "fair_value": 15.908548, "relative_strength": 28.611427, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.888732, "energy": 84.743132, "activity_lines": [ 26.551668, 24.847206, 22.540208, 21.194888 ] }, { "date": "2026-05-08", "close": 27.74045, "volume": 4935608, "typical_volume": 4370051.75, "trend": 20.029337, "fair_value": 16.001034, "relative_strength": 29.467437, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.398605, "energy": 87.288964, "activity_lines": [ 27.153709, 25.637328, 23.200084, 21.714234 ] }, { "date": "2026-05-15", "close": 27.95, "volume": 4438480, "typical_volume": 4516188.85, "trend": 20.383984, "fair_value": 16.093698, "relative_strength": 29.47224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.569758, "energy": 79.593877, "activity_lines": [ 27.572145, 26.31061, 23.832915, 22.225244 ] }, { "date": "2026-05-22", "close": 29.16, "volume": 3912832, "typical_volume": 4638495.5, "trend": 20.759797, "fair_value": 16.188719, "relative_strength": 33.05363, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.10569, "energy": 70.410885, "activity_lines": [ 28.127152, 27.067095, 24.533503, 22.791439 ] }, { "date": "2026-05-29", "close": 30.14, "volume": 4294488, "typical_volume": 4722516.9, "trend": 21.174887, "fair_value": 16.290759, "relative_strength": 34.622884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.960707, "energy": 73.107709, "activity_lines": [ 28.897559, 27.852036, 25.270772, 23.396613 ] }, { "date": "2026-06-05", "close": 30.57, "volume": 6628505, "typical_volume": 4917853.35, "trend": 21.624469, "fair_value": 16.399665, "relative_strength": 39.054893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.687178, "energy": 70.036775, "activity_lines": [ 29.635363, 28.556504, 25.987104, 24.002749 ] }, { "date": "2026-06-12", "close": 31.76, "volume": 5497086, "typical_volume": 5093098.25, "trend": 22.105125, "fair_value": 16.509083, "relative_strength": 42.434742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.749385, "energy": 70.772238, "activity_lines": [ 30.518, 29.32683, 26.753213, 24.656655 ] }, { "date": "2026-06-19", "close": 33.26, "volume": 7153329, "typical_volume": 5260460.7, "trend": 22.65528, "fair_value": 16.633208, "relative_strength": 46.419205, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.952909, "energy": 74.362293, "activity_lines": [ 31.632667, 30.227676, 27.593286, 25.376324 ] }, { "date": "2026-06-26", "close": 34.98, "volume": 6860292, "typical_volume": 5298056.0, "trend": 23.250165, "fair_value": 16.76793, "relative_strength": 56.070771, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.834271, "energy": 82.792313, "activity_lines": [ 32.966667, 31.271951, 28.521418, 26.171467 ] }, { "date": "2026-07-03", "close": 36.3, "volume": 5054308, "typical_volume": 5249865.8, "trend": 23.870809, "fair_value": 16.913261, "relative_strength": 56.900574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.013907, "energy": 86.068342, "activity_lines": [ 34.352667, 32.420062, 29.501889, 27.013392 ] }, { "date": "2026-07-10", "close": 37.17, "volume": 5310759, "typical_volume": 5342371.8, "trend": 24.508844, "fair_value": 17.064843, "relative_strength": 56.559613, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.8591, "energy": 88.325175, "activity_lines": [ 35.618, 33.566372, 30.49072, 27.871404 ] }, { "date": "2026-07-17", "close": 35.96, "volume": 6067038, "typical_volume": 5463693.0, "trend": 25.111853, "fair_value": 17.208362, "relative_strength": 52.112033, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.967186, "energy": 79.298658, "activity_lines": [ 36.04, 34.304, 31.282253, 28.610189 ] }, { "date": "2026-07-24", "close": 34.27, "volume": 5405410, "typical_volume": 5565210.55, "trend": 25.654881, "fair_value": 17.332458, "relative_strength": 44.313744, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.754936, "energy": 65.329401, "activity_lines": [ 35.618667, 34.584909, 31.833112, 29.201037 ] }, { "date": "2026-07-31", "close": 29.57, "volume": 8593641, "typical_volume": 5849809.55, "trend": 26.065121, "fair_value": 17.424955, "relative_strength": 22.361313, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.719312, "energy": 44.39282, "activity_lines": [ 33.563333, 33.896364, 31.87043, 29.453625 ] }, { "date": "2026-08-07", "close": 26.84, "volume": 8216852, "typical_volume": 5713434.15, "trend": 26.388341, "fair_value": 17.503754, "relative_strength": 6.826082, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.902798, "energy": 20.658356, "activity_lines": [ 30.958667, 32.704, 31.606581, 29.503617 ] } ], "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." } } }