{ "ticker": { "uuid": "7164fea3-9b78-4cf4-a1a7-4a616ae7bb34", "symbol": "BSR", "name": "NORTHERN LIGHTS FUND TRUST II BEACON SELECTIVE RISK ETF", "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": 58.078, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": 33.849, "architecture_energy": 14.299, "architecture_maturity": 18.461, "architecture_confidence": 68.996, "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": 52.24, "rotation_up": 33.46, "upward_expansion": 32.93, "deceleration": 68.67, "rotation_down": 38.28, "downward_expansion": 23.26 }, "activity_lines": [ 30.222887, 30.194067, 30.137051, 30.112783 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.166667 }, "latest_close": 30.8089, "trend_reference": 30.147153, "distance_from_trend": 0.021951, "trend_direction": "Improving", "fair_value": 27.673096, "distance_from_fair_value": 0.113316, "fair_value_direction": "Improving", "relative_strength": -7.461836, "relative_strength_direction": "Improving", "price_momentum": 0.00503, "excess_performance": -0.120595, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.021951, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.010724, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.113316, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.012023, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.074618, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.00651, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.00503, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 3.390047, "read": "Demand-led" } ], "volume": { "latest": 10947, "relative_activity": 1.090366, "balance": 3.390047, "dry_up": 0.888219, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.015484, "annualized_volatility": 0.082836, "from_high_reference": -0.029946, "from_low_reference": 0.095689 }, "levels": { "trend_reference": 30.147153, "fair_value_reference": 27.673096, "structural_low": 29.2455, "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": 1, "median_return": 0.021917, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.01417, "regime_survival": 0.0, "best_return": 0.021917, "worst_return": 0.021917, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 1, "median_return": 0.047399, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.031858, "regime_survival": 0.0, "best_return": 0.047399, "worst_return": 0.047399, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.071501, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.057513, "regime_survival": 0.0, "best_return": 0.071501, "worst_return": 0.071501, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.102317, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.096309, "regime_survival": 0.0, "best_return": 0.102317, "worst_return": 0.102317, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-25", "end": "2024-12-27", "tenure": "Developing", "return": 0.00072, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-14", "tenure": "Developing", "return": -0.025019, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.001166, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-30", "tenure": "Developing", "return": 0.011042, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-06-06", "end": "2025-06-20", "tenure": "New", "return": -0.003125, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-27", "end": "2025-07-18", "tenure": "New", "return": 0.012075, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-25", "end": "2025-09-05", "tenure": "Developing", "return": 0.01432, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-11-21", "tenure": "Developing", "return": -0.014681, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-28", "end": "2025-12-05", "tenure": "New", "return": -0.002496, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-20", "tenure": "Established", "return": -0.0028, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-07-10", "tenure": "Established", "return": 0.036051, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": 0.029118, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.295177, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 24.337792, "volume": 262, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 24.910951, "volume": 86410, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 24.621035, "volume": 62, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 24.650875, "volume": 484, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 23.969605, "volume": 278, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 23.95683, "volume": 71, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 23.776741, "volume": 1646, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 23.905921, "volume": 3272, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 23.554799, "volume": 96, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 23.145523, "volume": 1300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 23.648419, "volume": 483, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 23.605423, "volume": 1111, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 23.848243, "volume": 1056, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 23.905444, "volume": 232, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 24.120427, "volume": 276, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 24.070852, "volume": 175, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 24.783582, "volume": 2256, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 24.964244, "volume": 1493, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 24.985202, "volume": 26, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 24.537515, "volume": 14, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 24.69487, "volume": 2945, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 24.624817, "volume": 102, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 24.889999, "volume": 358, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 25.166455, "volume": 5580, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 25.257707, "volume": 330, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 25.349538, "volume": 422, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 25.611155, "volume": 2264, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 25.886744, "volume": 214, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 25.933767, "volume": 82, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 25.855041, "volume": 0, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 26.349366, "volume": 914, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 26.638446, "volume": 3245, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 26.37442, "volume": 259, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 25.795876, "volume": 198, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 25.321016, "volume": 269, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 25.795876, "volume": 2168, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 25.911123, "volume": 831, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 26.438403, "volume": 1592, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 26.741261, "volume": 14, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 26.400919, "volume": 2457, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 26.437247, "volume": 520, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 26.360737, "volume": 322, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 26.314484, "volume": 283, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 26.548446, "volume": 100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 26.604623, "volume": 2037, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 26.792814, "volume": 440, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 27.292439, "volume": 611, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 27.135469, "volume": 44, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 27.185094, "volume": 1447, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 26.747717, "volume": 1991, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 26.731336, "volume": 3259, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 27.414141, "volume": 2461, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 27.974665, "volume": 2760, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 28.102728, "volume": 141, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 27.132482, "volume": 934, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 27.979773, "volume": 817, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-20", "close": 28.291978, "volume": 136, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-27", "close": 28.536924, "volume": 550, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-04", "close": 28.376485, "volume": 9559, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-11", "close": 28.52247, "volume": 807, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-18", "close": 28.900875, "volume": 1206, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-10-25", "close": 28.367331, "volume": 1223, "typical_volume": 1540.3, "trend": 27.084305, "fair_value": 25.526768, "relative_strength": -3.830454, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.085067, "energy": 54.870478, "activity_lines": [ 28.553164, 28.377717, 27.939542, 27.574332 ] }, { "date": "2024-11-01", "close": 28.167674, "volume": 290, "typical_volume": 1540.65, "trend": 27.14408, "fair_value": 25.559372, "relative_strength": -2.956533, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.793649, "energy": 48.761203, "activity_lines": [ 28.428783, 28.368463, 27.998596, 27.644226 ] }, { "date": "2024-11-08", "close": 29.28535, "volume": 1017, "typical_volume": 1586.5, "trend": 27.260396, "fair_value": 25.60481, "relative_strength": -3.490042, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.217853, "energy": 58.20034, "activity_lines": [ 28.701577, 28.558913, 28.15527, 27.782373 ] }, { "date": "2024-11-15", "close": 28.735811, "volume": 407, "typical_volume": 1505.0, "trend": 27.374222, "fair_value": 25.642533, "relative_strength": -3.122296, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.376939, "energy": 47.590721, "activity_lines": [ 28.730601, 28.627946, 28.246574, 27.877561 ] }, { "date": "2024-11-22", "close": 29.499847, "volume": 1064, "typical_volume": 1536.2, "trend": 27.497688, "fair_value": 25.688454, "relative_strength": -2.039569, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.902881, "energy": 59.98928, "activity_lines": [ 29.000081, 28.806742, 28.400495, 28.014698 ] }, { "date": "2024-11-29", "close": 29.821399, "volume": 548, "typical_volume": 1533.05, "trend": 27.628031, "fair_value": 25.737077, "relative_strength": -1.988696, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.864468, "energy": 83.77151, "activity_lines": [ 29.336813, 29.016365, 28.572149, 28.164615 ] }, { "date": "2024-12-06", "close": 29.658358, "volume": 812, "typical_volume": 1571.45, "trend": 27.735363, "fair_value": 25.782673, "relative_strength": -3.212589, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.632892, "energy": 85.331927, "activity_lines": [ 29.52226, 29.168536, 28.716233, 28.295604 ] }, { "date": "2024-12-13", "close": 29.259718, "volume": 4088, "typical_volume": 1703.5, "trend": 27.819311, "fair_value": 25.822639, "relative_strength": -3.765471, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.709316, "energy": 81.792218, "activity_lines": [ 29.475448, 29.227837, 28.810337, 28.393949 ] }, { "date": "2024-12-20", "close": 28.298723, "volume": 1186, "typical_volume": 1663.25, "trend": 27.882571, "fair_value": 25.850776, "relative_strength": -4.985735, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.575108, "energy": 42.493995, "activity_lines": [ 29.110014, 29.096354, 28.803039, 28.424879 ] }, { "date": "2024-12-27", "close": 28.387759, "volume": 42192, "typical_volume": 3609.9, "trend": 27.947588, "fair_value": 25.879282, "relative_strength": -5.10481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.551514, "energy": 19.859558, "activity_lines": [ 28.803397, 28.985126, 28.796835, 28.457472 ] }, { "date": "2025-01-03", "close": 28.337112, "volume": 1152, "typical_volume": 3544.45, "trend": 28.013468, "fair_value": 25.906591, "relative_strength": -4.593185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.965718, "energy": 24.579751, "activity_lines": [ 28.554037, 28.87402, 28.777919, 28.482602 ] }, { "date": "2025-01-10", "close": 27.788832, "volume": 1482, "typical_volume": 3480.55, "trend": 28.062612, "fair_value": 25.927275, "relative_strength": -4.423634, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.529341, "energy": 31.519719, "activity_lines": [ 28.22087, 28.663776, 28.702392, 28.46811 ] }, { "date": "2025-01-17", "close": 28.566728, "volume": 1317, "typical_volume": 3539.35, "trend": 28.129888, "fair_value": 25.955965, "relative_strength": -4.415138, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 0.811753, "energy": 21.392424, "activity_lines": [ 28.271636, 28.601855, 28.701834, 28.500633 ] }, { "date": "2025-01-24", "close": 28.868962, "volume": 151, "typical_volume": 3500.2, "trend": 28.205366, "fair_value": 25.987287, "relative_strength": -4.899745, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.635948, "energy": 16.871949, "activity_lines": [ 28.469347, 28.607952, 28.727851, 28.548315 ] }, { "date": "2025-01-31", "close": 28.851367, "volume": 738, "typical_volume": 3496.25, "trend": 28.273985, "fair_value": 26.017756, "relative_strength": -3.852399, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.794282, "energy": 13.730654, "activity_lines": [ 28.623176, 28.608429, 28.743924, 28.589993 ] }, { "date": "2025-02-07", "close": 28.854283, "volume": 123, "typical_volume": 3495.6, "trend": 28.326046, "fair_value": 26.047614, "relative_strength": -3.562609, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.555606, "energy": 25.483993, "activity_lines": [ 28.74707, 28.621227, 28.756124, 28.627431 ] }, { "date": "2025-02-14", "close": 29.084872, "volume": 1501, "typical_volume": 3543.15, "trend": 28.391026, "fair_value": 26.079252, "relative_strength": -4.07881, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 49.111304, "energy": 35.785423, "activity_lines": [ 28.91335, 28.693534, 28.787607, 28.676388 ] }, { "date": "2025-02-21", "close": 28.754835, "volume": 227, "typical_volume": 3076.55, "trend": 28.443351, "fair_value": 26.106836, "relative_strength": -3.50706, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.118277, "energy": 29.089721, "activity_lines": [ 28.883214, 28.716261, 28.785048, 28.699859 ] }, { "date": "2025-02-28", "close": 28.746766, "volume": 2142, "typical_volume": 3143.3, "trend": 28.509986, "fair_value": 26.133774, "relative_strength": -2.495461, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 38.054615, "energy": 24.008477, "activity_lines": [ 28.837848, 28.746701, 28.77992, 28.719434 ] }, { "date": "2025-03-07", "close": 28.127424, "volume": 4082, "typical_volume": 3287.1, "trend": 28.556522, "fair_value": 26.153912, "relative_strength": -1.476237, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.0886, "energy": 4.270845, "activity_lines": [ 28.594181, 28.656387, 28.714738, 28.694753 ] }, { "date": "2025-03-14", "close": 27.62814, "volume": 23, "typical_volume": 3227.1, "trend": 28.563656, "fair_value": 26.168654, "relative_strength": -0.889602, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -45.817126, "energy": 47.367474, "activity_lines": [ 28.232349, 28.480027, 28.605689, 28.634857 ] }, { "date": "2025-03-21", "close": 27.754516, "volume": 107, "typical_volume": 3217.95, "trend": 28.556317, "fair_value": 26.184355, "relative_strength": -0.864472, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.183741, "energy": 67.271723, "activity_lines": [ 27.994385, 28.339535, 28.512195, 28.582655 ] }, { "date": "2025-03-28", "close": 27.722144, "volume": 6, "typical_volume": 3167.4, "trend": 28.543631, "fair_value": 26.199432, "relative_strength": 0.568115, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -70.74079, "energy": 81.459816, "activity_lines": [ 27.834321, 28.193781, 28.417586, 28.528837 ] }, { "date": "2025-04-04", "close": 26.73631, "volume": 106, "typical_volume": 3152.35, "trend": 28.530426, "fair_value": 26.204644, "relative_strength": 6.60493, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -90.911025, "energy": 92.540607, "activity_lines": [ 27.414492, 27.884141, 28.236532, 28.412236 ] }, { "date": "2025-04-11", "close": 26.644639, "volume": 83, "typical_volume": 3103.3, "trend": 28.485921, "fair_value": 26.208875, "relative_strength": 0.584989, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.263467, "energy": 95.212922, "activity_lines": [ 27.098136, 27.596609, 28.056269, 28.290572 ] }, { "date": "2025-04-18", "close": 26.903905, "volume": 23, "typical_volume": 3077.05, "trend": 28.439652, "fair_value": 26.215494, "relative_strength": 3.043621, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -73.213153, "energy": 89.920721, "activity_lines": [ 26.967054, 27.396339, 27.914293, 28.188507 ] }, { "date": "2025-04-25", "close": 26.986244, "volume": 200, "typical_volume": 3046.45, "trend": 28.387963, "fair_value": 26.222766, "relative_strength": -1.097557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.235371, "energy": 88.064056, "activity_lines": [ 26.911701, 27.2465, 27.794053, 28.094738 ] }, { "date": "2025-05-02", "close": 27.035142, "volume": 5450, "typical_volume": 3114.55, "trend": 28.343251, "fair_value": 26.230358, "relative_strength": -3.601039, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.284723, "energy": 84.271263, "activity_lines": [ 26.923866, 27.143709, 27.691194, 28.00746 ] }, { "date": "2025-05-09", "close": 26.988772, "volume": 1809, "typical_volume": 3145.7, "trend": 28.292128, "fair_value": 26.23738, "relative_strength": -3.218991, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.523834, "energy": 62.549975, "activity_lines": [ 26.966374, 27.063754, 27.594511, 27.920074 ] }, { "date": "2025-05-16", "close": 27.087442, "volume": 12271, "typical_volume": 1649.65, "trend": 28.23168, "fair_value": 26.245179, "relative_strength": -7.546289, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.639167, "energy": 34.378502, "activity_lines": [ 27.024941, 27.033703, 27.513464, 27.842352 ] }, { "date": "2025-05-23", "close": 26.70423, "volume": 6149, "typical_volume": 1899.5, "trend": 28.176243, "fair_value": 26.249352, "relative_strength": -6.318988, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.139785, "energy": 36.136616, "activity_lines": [ 26.926251, 26.952886, 27.402113, 27.743807 ] }, { "date": "2025-05-30", "close": 27.031545, "volume": 73, "typical_volume": 1829.05, "trend": 28.138372, "fair_value": 26.256399, "relative_strength": -6.645898, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.689923, "energy": 28.01205, "activity_lines": [ 26.949977, 26.948379, 27.329709, 27.669956 ] }, { "date": "2025-06-06", "close": 27.129341, "volume": 498, "typical_volume": 1788.1, "trend": 28.066506, "fair_value": 26.264193, "relative_strength": -7.662599, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -39.218781, "energy": 25.872519, "activity_lines": [ 27.003282, 26.974798, 27.270226, 27.604857 ] }, { "date": "2025-06-13", "close": 26.956886, "volume": 3628, "typical_volume": 1961.95, "trend": 28.007208, "fair_value": 26.270323, "relative_strength": -7.778099, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -40.681208, "energy": 26.226703, "activity_lines": [ 26.992822, 26.980639, 27.201164, 27.533268 ] }, { "date": "2025-06-20", "close": 27.044572, "volume": 133, "typical_volume": 1931.7, "trend": 27.925366, "fair_value": 26.277115, "relative_strength": -7.18919, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -37.454533, "energy": 21.565912, "activity_lines": [ 27.013716, 26.998413, 27.149557, 27.471163 ] }, { "date": "2025-06-27", "close": 27.58906, "volume": 40, "typical_volume": 1927.55, "trend": 27.850954, "fair_value": 26.288523, "relative_strength": -8.330761, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.187764, "energy": 13.313547, "activity_lines": [ 27.218965, 27.107914, 27.158411, 27.449466 ] }, { "date": "2025-07-04", "close": 27.860478, "volume": 78, "typical_volume": 1856.4, "trend": 27.791025, "fair_value": 26.302074, "relative_strength": -8.816914, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -1.929782, "energy": 8.321881, "activity_lines": [ 27.455697, 27.254305, 27.199138, 27.45008 ] }, { "date": "2025-07-11", "close": 27.755585, "volume": 8804, "typical_volume": 2285.25, "trend": 27.740887, "fair_value": 26.314497, "relative_strength": -8.73597, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -3.415444, "energy": 13.837795, "activity_lines": [ 27.602203, 27.365731, 27.235706, 27.447794 ] }, { "date": "2025-07-18", "close": 27.922208, "volume": 1589, "typical_volume": 2257.6, "trend": 27.728337, "fair_value": 26.328122, "relative_strength": -8.567307, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 19.954457, "energy": 25.224216, "activity_lines": [ 27.7625, 27.494352, 27.292902, 27.459492 ] }, { "date": "2025-07-25", "close": 28.193723, "volume": 662, "typical_volume": 2086.6, "trend": 27.721869, "fair_value": 26.343799, "relative_strength": -8.830789, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.596201, "energy": 40.724174, "activity_lines": [ 27.948948, 27.655368, 27.379882, 27.489517 ] }, { "date": "2025-08-01", "close": 27.763071, "volume": 3713, "typical_volume": 2271.1, "trend": 27.702734, "fair_value": 26.355627, "relative_strength": -7.777387, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 18.732552, "energy": 32.5586, "activity_lines": [ 27.915235, 27.717969, 27.425532, 27.492175 ] }, { "date": "2025-08-08", "close": 28.160865, "volume": 1192, "typical_volume": 2325.35, "trend": 27.715135, "fair_value": 26.370546, "relative_strength": -8.486507, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.727168, "energy": 28.857127, "activity_lines": [ 28.002519, 27.833645, 27.508425, 27.521732 ] }, { "date": "2025-08-15", "close": 28.353832, "volume": 1708, "typical_volume": 2410.45, "trend": 27.708039, "fair_value": 26.386802, "relative_strength": -8.537165, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 53.624962, "energy": 74.368534, "activity_lines": [ 28.134099, 27.963873, 27.60776, 27.562938 ] }, { "date": "2025-08-22", "close": 28.584518, "volume": 624, "typical_volume": 2436.35, "trend": 27.698557, "fair_value": 26.40467, "relative_strength": -7.836267, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 57.531227, "energy": 79.56947, "activity_lines": [ 28.302692, 28.113781, 27.726058, 27.619485 ] }, { "date": "2025-08-29", "close": 28.501109, "volume": 384, "typical_volume": 2451.4, "trend": 27.686882, "fair_value": 26.421577, "relative_strength": -7.83617, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.152896, "energy": 79.621438, "activity_lines": [ 28.399328, 28.218929, 27.827611, 27.671263 ] }, { "date": "2025-09-05", "close": 28.597447, "volume": 2696, "typical_volume": 2585.05, "trend": 27.678321, "fair_value": 26.438984, "relative_strength": -7.590963, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 73.918808, "energy": 88.547618, "activity_lines": [ 28.507584, 28.315111, 27.929499, 27.730009 ] }, { "date": "2025-09-12", "close": 28.876253, "volume": 5217, "typical_volume": 2835.9, "trend": 27.671367, "fair_value": 26.458327, "relative_strength": -7.893486, "stage": 4, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.69792, "energy": 91.035734, "activity_lines": [ 28.65315, 28.443651, 28.049875, 27.807295 ] }, { "date": "2025-09-19", "close": 29.010601, "volume": 1684, "typical_volume": 2647.6, "trend": 27.679892, "fair_value": 26.478424, "relative_strength": -8.34789, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.268781, "energy": 89.411675, "activity_lines": [ 28.795806, 28.578149, 28.174046, 27.893697 ] }, { "date": "2025-09-26", "close": 28.896765, "volume": 622, "typical_volume": 2588.25, "trend": 27.684892, "fair_value": 26.497317, "relative_strength": -8.193577, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.846634, "energy": 81.972208, "activity_lines": [ 28.856733, 28.669132, 28.277969, 27.972205 ] }, { "date": "2025-10-03", "close": 29.01692, "volume": 2, "typical_volume": 1974.8, "trend": 27.714542, "fair_value": 26.516849, "relative_strength": -8.57982, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.134038, "energy": 84.072075, "activity_lines": [ 28.936894, 28.764241, 28.384249, 28.058142 ] }, { "date": "2025-10-10", "close": 28.427908, "volume": 82, "typical_volume": 1671.45, "trend": 27.741201, "fair_value": 26.531549, "relative_strength": -7.980894, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.113279, "energy": 59.438486, "activity_lines": [ 28.786331, 28.73729, 28.425245, 28.104166 ] }, { "date": "2025-10-17", "close": 28.860796, "volume": 692, "typical_volume": 1702.4, "trend": 27.778077, "fair_value": 26.54933, "relative_strength": -7.931517, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.326604, "energy": 53.435354, "activity_lines": [ 28.791367, 28.776958, 28.49926, 28.176398 ] }, { "date": "2025-10-24", "close": 29.232149, "volume": 1890, "typical_volume": 1772.0, "trend": 27.828411, "fair_value": 26.569654, "relative_strength": -8.277582, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.005488, "energy": 59.667438, "activity_lines": [ 28.921217, 28.871419, 28.599932, 28.270209 ] }, { "date": "2025-10-31", "close": 28.97366, "volume": 239, "typical_volume": 1602.55, "trend": 27.902989, "fair_value": 26.58773, "relative_strength": -9.454304, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.085088, "energy": 49.573746, "activity_lines": [ 28.950135, 28.902912, 28.665972, 28.344096 ] }, { "date": "2025-11-07", "close": 28.74385, "volume": 234044, "typical_volume": 13298.1, "trend": 27.972963, "fair_value": 26.60382, "relative_strength": -8.435938, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.238122, "energy": 48.107224, "activity_lines": [ 28.897322, 28.885547, 28.700522, 28.398345 ] }, { "date": "2025-11-14", "close": 28.733156, "volume": 633, "typical_volume": 13327.75, "trend": 28.033938, "fair_value": 26.619593, "relative_strength": -8.341193, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.428053, "energy": 38.99121, "activity_lines": [ 28.85915, 28.861823, 28.725962, 28.44739 ] }, { "date": "2025-11-21", "close": 28.452309, "volume": 1190, "typical_volume": 13383.35, "trend": 28.082806, "fair_value": 26.633069, "relative_strength": -7.194078, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.039426, "energy": 19.940545, "activity_lines": [ 28.707013, 28.784569, 28.719206, 28.474381 ] }, { "date": "2025-11-28", "close": 29.361053, "volume": 67, "typical_volume": 12946.5, "trend": 28.160337, "fair_value": 26.652981, "relative_strength": -7.370811, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.62651, "energy": 35.391026, "activity_lines": [ 28.885022, 28.88025, 28.796179, 28.556849 ] }, { "date": "2025-12-05", "close": 29.287755, "volume": 441, "typical_volume": 12889.1, "trend": 28.23697, "fair_value": 26.672074, "relative_strength": -7.656479, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.982073, "energy": 41.33129, "activity_lines": [ 29.030005, 28.956231, 28.858526, 28.629586 ] }, { "date": "2025-12-12", "close": 29.327612, "volume": 102, "typical_volume": 12861.1, "trend": 28.311642, "fair_value": 26.691178, "relative_strength": -6.765376, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.117576, "energy": 46.288608, "activity_lines": [ 29.167334, 29.03235, 28.918167, 28.69995 ] }, { "date": "2025-12-19", "close": 29.268118, "volume": 1741, "typical_volume": 12762.5, "trend": 28.397105, "fair_value": 26.709585, "relative_strength": -6.856672, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.134089, "energy": 60.193832, "activity_lines": [ 29.245915, 29.092004, 28.966742, 28.761658 ] }, { "date": "2025-12-26", "close": 29.5617, "volume": 218, "typical_volume": 12713.8, "trend": 28.481443, "fair_value": 26.729813, "relative_strength": -7.036223, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.597122, "energy": 70.462501, "activity_lines": [ 29.386691, 29.189759, 29.03611, 28.836793 ] }, { "date": "2026-01-02", "close": 29.4142, "volume": 11023, "typical_volume": 13179.55, "trend": 28.557605, "fair_value": 26.748717, "relative_strength": -6.323095, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.987625, "energy": 56.924678, "activity_lines": [ 29.404342, 29.247952, 29.08476, 28.896971 ] }, { "date": "2026-01-09", "close": 30.0303, "volume": 331, "typical_volume": 13164.9, "trend": 28.660052, "fair_value": 26.771665, "relative_strength": -5.659056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.961773, "energy": 73.709541, "activity_lines": [ 29.623817, 29.414854, 29.187037, 28.991983 ] }, { "date": "2026-01-16", "close": 30.1638, "volume": 2890, "typical_volume": 13290.2, "trend": 28.764027, "fair_value": 26.795221, "relative_strength": -4.719588, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.118873, "energy": 85.050884, "activity_lines": [ 29.838288, 29.586817, 29.295143, 29.088999 ] }, { "date": "2026-01-23", "close": 30.2206, "volume": 3163, "typical_volume": 13313.55, "trend": 28.851745, "fair_value": 26.818845, "relative_strength": -4.034537, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.933858, "energy": 84.991713, "activity_lines": [ 30.015947, 29.743289, 29.400741, 29.182972 ] }, { "date": "2026-01-30", "close": 30.2593, "volume": 2267, "typical_volume": 13166.05, "trend": 28.931705, "fair_value": 26.842409, "relative_strength": -4.099498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.457999, "energy": 88.016482, "activity_lines": [ 30.143007, 29.879754, 29.502296, 29.273782 ] }, { "date": "2026-02-06", "close": 30.6547, "volume": 579, "typical_volume": 13110.8, "trend": 29.028343, "fair_value": 26.868343, "relative_strength": -2.483552, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.483932, "energy": 91.861749, "activity_lines": [ 30.35536, 30.055255, 29.634922, 29.384943 ] }, { "date": "2026-02-13", "close": 30.7798, "volume": 11913, "typical_volume": 13675.35, "trend": 29.123596, "fair_value": 26.894772, "relative_strength": -0.681002, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.740885, "energy": 90.289754, "activity_lines": [ 30.526713, 30.229981, 29.771633, 29.49794 ] }, { "date": "2026-02-20", "close": 30.9406, "volume": 8386, "typical_volume": 14094.55, "trend": 29.215158, "fair_value": 26.921925, "relative_strength": -1.1232, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.196378, "energy": 91.887024, "activity_lines": [ 30.7017, 30.406815, 29.914692, 29.615166 ] }, { "date": "2026-02-27", "close": 31.1341, "volume": 6330, "typical_volume": 14406.95, "trend": 29.327526, "fair_value": 26.950007, "relative_strength": 0.145214, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.395469, "energy": 91.866801, "activity_lines": [ 30.8894, 30.589504, 30.067019, 29.738969 ] }, { "date": "2026-03-06", "close": 30.287, "volume": 98424, "typical_volume": 19293.55, "trend": 29.398397, "fair_value": 26.972106, "relative_strength": -0.423108, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.271411, "energy": 62.59528, "activity_lines": [ 30.733833, 30.584247, 30.125783, 29.80087 ] }, { "date": "2026-03-13", "close": 29.8627, "volume": 93729, "typical_volume": 23885.5, "trend": 29.448693, "fair_value": 26.991123, "relative_strength": -0.128092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.772777, "energy": 43.363574, "activity_lines": [ 30.434987, 30.488658, 30.137346, 29.830825 ] }, { "date": "2026-03-20", "close": 29.2455, "volume": 378, "typical_volume": 23892.45, "trend": 29.470725, "fair_value": 27.005857, "relative_strength": -0.200584, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.507576, "energy": 18.589747, "activity_lines": [ 29.983207, 30.272696, 30.087125, 29.817716 ] }, { "date": "2026-03-27", "close": 29.3249, "volume": 1173, "typical_volume": 12248.9, "trend": 29.498185, "fair_value": 27.020916, "relative_strength": 2.539539, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.633259, "energy": 26.763272, "activity_lines": [ 29.66018, 30.08544, 30.043172, 29.808308 ] }, { "date": "2026-04-03", "close": 29.6701, "volume": 468, "typical_volume": 12240.65, "trend": 29.53394, "fair_value": 27.038008, "relative_strength": 0.662911, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.99336, "energy": 28.436598, "activity_lines": [ 29.559933, 29.9762, 30.029328, 29.819399 ] }, { "date": "2026-04-10", "close": 29.8887, "volume": 518, "typical_volume": 12207.05, "trend": 29.567688, "fair_value": 27.056281, "relative_strength": -1.849668, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 1.326439, "energy": 25.115974, "activity_lines": [ 29.630153, 29.916715, 30.031842, 29.842287 ] }, { "date": "2026-04-17", "close": 30.0106, "volume": 7861, "typical_volume": 12596.75, "trend": 29.601022, "fair_value": 27.095974, "relative_strength": -5.323756, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.844379, "energy": 15.615751, "activity_lines": [ 29.76756, 29.886131, 30.039125, 29.870862 ] }, { "date": "2026-04-24", "close": 29.9634, "volume": 2240, "typical_volume": 12686.7, "trend": 29.636576, "fair_value": 27.134077, "relative_strength": -5.666833, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.350064, "energy": 11.868698, "activity_lines": [ 29.879373, 29.858676, 30.03882, 29.894241 ] }, { "date": "2026-05-01", "close": 30.1084, "volume": 6415, "typical_volume": 13002.35, "trend": 29.672959, "fair_value": 27.173774, "relative_strength": -5.829608, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.135216, "energy": 20.774188, "activity_lines": [ 29.99166, 29.872429, 30.049107, 29.924681 ] }, { "date": "2026-05-08", "close": 29.9693, "volume": 6663, "typical_volume": 13248.45, "trend": 29.724339, "fair_value": 27.212828, "relative_strength": -8.11281, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.660286, "energy": 20.261573, "activity_lines": [ 30.005347, 29.876022, 30.042428, 29.9438 ] }, { "date": "2026-05-15", "close": 29.8249, "volume": 7289, "typical_volume": 13602.0, "trend": 29.756475, "fair_value": 27.250547, "relative_strength": -8.518121, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.598087, "energy": 14.458346, "activity_lines": [ 29.950953, 29.874538, 30.018658, 29.950288 ] }, { "date": "2026-05-22", "close": 30.1802, "volume": 61959, "typical_volume": 16148.8, "trend": 29.788077, "fair_value": 27.291068, "relative_strength": -7.984189, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.143711, "energy": 19.004185, "activity_lines": [ 30.019247, 29.946056, 30.027473, 29.977625 ] }, { "date": "2026-05-29", "close": 30.1497, "volume": 2356, "typical_volume": 16250.05, "trend": 29.827278, "fair_value": 27.328926, "relative_strength": -9.134809, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 37.149197, "energy": 18.736003, "activity_lines": [ 30.066067, 30.006256, 30.029735, 30.000956 ] }, { "date": "2026-06-05", "close": 30.0054, "volume": 1750, "typical_volume": 16193.05, "trend": 29.86933, "fair_value": 27.365859, "relative_strength": -7.040143, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.093209, "energy": 19.386726, "activity_lines": [ 30.052367, 30.02378, 30.017686, 30.012447 ] }, { "date": "2026-06-12", "close": 30.2998, "volume": 16529, "typical_volume": 16861.35, "trend": 29.921552, "fair_value": 27.401839, "relative_strength": -6.461358, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.349654, "energy": 27.496643, "activity_lines": [ 30.143667, 30.082458, 30.03443, 30.04022 ] }, { "date": "2026-06-19", "close": 30.1091, "volume": 6427, "typical_volume": 17069.35, "trend": 29.976778, "fair_value": 27.43778, "relative_strength": -7.675192, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 35.643371, "energy": 28.913166, "activity_lines": [ 30.149367, 30.095015, 30.032634, 30.05232 ] }, { "date": "2026-06-26", "close": 30.4119, "volume": 31991, "typical_volume": 18639.95, "trend": 30.011806, "fair_value": 27.473103, "relative_strength": -4.322541, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 52.631762, "energy": 44.417377, "activity_lines": [ 30.237053, 30.158618, 30.060391, 30.080392 ] }, { "date": "2026-07-03", "close": 30.1235, "volume": 3151, "typical_volume": 18201.85, "trend": 30.039664, "fair_value": 27.508642, "relative_strength": -7.050546, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 39.016197, "energy": 37.504051, "activity_lines": [ 30.21316, 30.162489, 30.061839, 30.087598 ] }, { "date": "2026-07-10", "close": 30.3821, "volume": 8335, "typical_volume": 18199.3, "trend": 30.074814, "fair_value": 27.542552, "relative_strength": -7.320714, "stage": 3, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 46.325198, "energy": 36.945476, "activity_lines": [ 30.277213, 30.210467, 30.09104, 30.109691 ] }, { "date": "2026-07-17", "close": 29.9372, "volume": 3758, "typical_volume": 18070.7, "trend": 30.097117, "fair_value": 27.573434, "relative_strength": -7.051529, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.598213, "energy": 5.997171, "activity_lines": [ 30.167853, 30.172578, 30.080529, 30.100812 ] }, { "date": "2026-07-24", "close": 29.7513, "volume": 15236, "typical_volume": 13911.3, "trend": 30.103437, "fair_value": 27.602353, "relative_strength": -6.898585, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -44.428665, "energy": 22.392728, "activity_lines": [ 30.0207, 30.101473, 30.058012, 30.078502 ] }, { "date": "2026-07-31", "close": 29.9471, "volume": 5729, "typical_volume": 9511.3, "trend": 30.1212, "fair_value": 27.634793, "relative_strength": -7.092925, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -34.413044, "energy": 20.807411, "activity_lines": [ 29.962667, 30.067305, 30.056695, 30.068415 ] }, { "date": "2026-08-07", "close": 30.8089, "volume": 10947, "typical_volume": 10039.75, "trend": 30.147153, "fair_value": 27.673096, "relative_strength": -7.461836, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 33.84883, "energy": 14.299341, "activity_lines": [ 30.222887, 30.194067, 30.137051, 30.112783 ] } ], "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." } } }