{ "ticker": { "uuid": "71fde936-0d2f-4c47-a160-d8e5c252e763", "symbol": "KRG", "name": "Kite Realty Group Trust", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 56.184, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 34.434, "architecture_energy": 29.454, "architecture_maturity": 71.835, "architecture_confidence": 43.469, "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": 33.36, "rotation_up": 38.13, "upward_expansion": 65.48, "deceleration": 65.09, "rotation_down": 28.09, "downward_expansion": 17.81 }, "activity_lines": [ 28.245333, 28.406875, 27.886686, 27.223006 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 26.75, "trend_reference": 26.284227, "distance_from_trend": 0.017721, "trend_direction": "Improving", "fair_value": 22.05867, "distance_from_fair_value": 0.212675, "fair_value_direction": "Weakening", "relative_strength": -2.234219, "relative_strength_direction": "Weakening", "price_momentum": 0.087956, "excess_performance": -0.037669, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.017721, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.079736, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.212675, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.03745, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.022342, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.062727, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.087956, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.537507, "read": "Supply-led" } ], "volume": { "latest": 21678547, "relative_activity": 1.9716, "balance": 0.537507, "dry_up": 1.380591, "accumulation_observations": 3, "distribution_observations": 6 }, "risk": { "range_context": 0.048517, "annualized_volatility": 0.227573, "from_high_reference": -0.105949, "from_low_reference": 0.337462 }, "levels": { "trend_reference": 26.284227, "fair_value_reference": 22.05867, "structural_low": 23.81625, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": -0.009188, "positive_rate": 0.464286, "directional_follow_through": 0.464286, "median_excess_return": -0.017532, "regime_survival": 0.607143, "best_return": 0.121435, "worst_return": -0.128234, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": -0.016116, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.041122, "regime_survival": 0.363636, "best_return": 0.146702, "worst_return": -0.146929, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": 0.008736, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.066023, "regime_survival": 0.285714, "best_return": 0.267899, "worst_return": -0.094472, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.00594, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.097311, "regime_survival": 0.5, "best_return": 0.376683, "worst_return": -0.159397, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-10-25", "tenure": "Established", "return": 0.097773, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-01", "end": "2024-11-08", "tenure": "New", "return": 0.063953, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-11-15", "end": "2024-12-20", "tenure": "Developing", "return": -0.058824, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-12-27", "end": "2025-01-10", "tenure": "New", "return": -0.085429, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-17", "end": "2025-02-07", "tenure": "New", "return": 0.009867, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-14", "end": "2025-05-23", "tenure": "Established", "return": -0.031282, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-07-11", "tenure": "Developing", "return": 0.030454, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-08-01", "tenure": "New", "return": -0.035651, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-08", "end": "2025-09-05", "tenure": "Developing", "return": 0.110793, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-09-26", "tenure": "New", "return": -0.016866, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-11-21", "tenure": "Developing", "return": 0.043305, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-11-28", "end": "2026-03-27", "tenure": "Established", "return": 0.063065, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.095102, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.030035, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 19.245496, "volume": 5251214, "typical_volume": 6734994.7, "trend": 18.418391, "fair_value": 16.178551, "relative_strength": 0.064997, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.427003, "energy": 44.513654, "activity_lines": [ 19.99238, 19.865223, 19.129376, 18.732487 ] }, { "date": "2023-08-25", "close": 19.00973, "volume": 6294739, "typical_volume": 6800482.25, "trend": 18.438141, "fair_value": 16.243724, "relative_strength": -1.988722, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.534604, "energy": 31.268726, "activity_lines": [ 19.626215, 19.76382, 19.168155, 18.770638 ] }, { "date": "2023-09-01", "close": 19.708296, "volume": 5607231, "typical_volume": 6786335.1, "trend": 18.460684, "fair_value": 16.307459, "relative_strength": -1.012191, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.361563, "energy": 22.943986, "activity_lines": [ 19.581972, 19.780269, 19.266705, 18.852583 ] }, { "date": "2023-09-08", "close": 19.769421, "volume": 5496549, "typical_volume": 6718384.75, "trend": 18.496934, "fair_value": 16.378894, "relative_strength": 0.427502, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.870386, "energy": 23.000138, "activity_lines": [ 19.573822, 19.77466, 19.360043, 18.937018 ] }, { "date": "2023-09-15", "close": 20.109972, "volume": 7198827, "typical_volume": 6672621.8, "trend": 18.528028, "fair_value": 16.446994, "relative_strength": 2.126717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.426841, "energy": 26.124054, "activity_lines": [ 19.734493, 19.822448, 19.478729, 19.041085 ] }, { "date": "2023-09-22", "close": 18.747768, "volume": 4603763, "typical_volume": 6557057.55, "trend": 18.534208, "fair_value": 16.513024, "relative_strength": -2.044607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.479136, "energy": 15.642583, "activity_lines": [ 19.460888, 19.609544, 19.457162, 19.055262 ] }, { "date": "2023-09-29", "close": 18.704107, "volume": 7818625, "typical_volume": 6586020.1, "trend": 18.537224, "fair_value": 16.571904, "relative_strength": -1.724417, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.50356, "energy": 8.898356, "activity_lines": [ 19.205911, 19.412358, 19.427118, 19.066223 ] }, { "date": "2023-10-06", "close": 17.838599, "volume": 8672613, "typical_volume": 6698185.7, "trend": 18.555221, "fair_value": 16.626637, "relative_strength": -6.750799, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.985504, "energy": 21.27618, "activity_lines": [ 18.682806, 19.087655, 19.309504, 19.02115 ] }, { "date": "2023-10-13", "close": 17.953459, "volume": 6494576, "typical_volume": 6681897.3, "trend": 18.613191, "fair_value": 16.685211, "relative_strength": -6.578632, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.338882, "energy": 38.934449, "activity_lines": [ 18.322635, 18.822116, 19.201235, 18.982327 ] }, { "date": "2023-10-20", "close": 18.050648, "volume": 8370974, "typical_volume": 6735469.85, "trend": 18.660171, "fair_value": 16.741904, "relative_strength": -3.83878, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.365453, "energy": 51.017747, "activity_lines": [ 18.115924, 18.622348, 19.096666, 18.946034 ] }, { "date": "2023-10-27", "close": 17.582373, "volume": 8603805, "typical_volume": 6820919.55, "trend": 18.650842, "fair_value": 16.802754, "relative_strength": -3.937252, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.594959, "energy": 59.213944, "activity_lines": [ 17.890409, 18.38028, 18.94403, 18.876498 ] }, { "date": "2023-11-03", "close": 19.596836, "volume": 11564180, "typical_volume": 7025596.35, "trend": 18.717733, "fair_value": 16.877167, "relative_strength": 1.287121, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -3.757638, "energy": 14.859487, "activity_lines": [ 18.414076, 18.534716, 18.985877, 18.93753 ] }, { "date": "2023-11-10", "close": 18.404062, "volume": 9814412, "typical_volume": 7186977.6, "trend": 18.751487, "fair_value": 16.926265, "relative_strength": -5.937095, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.388266, "energy": 13.093626, "activity_lines": [ 18.480635, 18.461609, 18.908932, 18.917293 ] }, { "date": "2023-11-17", "close": 18.262696, "volume": 13796341, "typical_volume": 7393648.0, "trend": 18.750868, "fair_value": 16.969552, "relative_strength": -8.490093, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -15.739305, "energy": 11.369688, "activity_lines": [ 18.462375, 18.386513, 18.816046, 18.885759 ] }, { "date": "2023-11-24", "close": 18.404062, "volume": 6150293, "typical_volume": 7466460.35, "trend": 18.767631, "fair_value": 17.013044, "relative_strength": -8.42241, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -9.060875, "energy": 10.006776, "activity_lines": [ 18.470622, 18.364515, 18.741567, 18.863384 ] }, { "date": "2023-12-01", "close": 19.4378, "volume": 11467715, "typical_volume": 7743000.95, "trend": 18.820869, "fair_value": 17.06176, "relative_strength": -3.8521, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": 8.142995, "energy": 6.927211, "activity_lines": [ 18.799886, 18.561486, 18.770253, 18.906621 ] }, { "date": "2023-12-08", "close": 19.4378, "volume": 9408984, "typical_volume": 7878818.8, "trend": 18.881306, "fair_value": 17.110777, "relative_strength": -3.855667, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 13.215963, "energy": 11.833169, "activity_lines": [ 19.005456, 18.74591, 18.801848, 18.946423 ] }, { "date": "2023-12-15", "close": 20.29483, "volume": 12141759, "typical_volume": 8267031.25, "trend": 18.974343, "fair_value": 17.165989, "relative_strength": -1.801496, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 35.446021, "energy": 29.655006, "activity_lines": [ 19.507305, 19.072819, 18.919389, 19.037618 ] }, { "date": "2023-12-22", "close": 20.268324, "volume": 9347604, "typical_volume": 8211873.55, "trend": 19.090399, "fair_value": 17.221631, "relative_strength": -2.647849, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.031049, "energy": 46.682414, "activity_lines": [ 19.874267, 19.350249, 19.032735, 19.1211 ] }, { "date": "2023-12-29", "close": 20.197641, "volume": 5262981, "typical_volume": 8168359.25, "trend": 19.186243, "fair_value": 17.27622, "relative_strength": -3.127617, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 35.642832, "energy": 53.77804, "activity_lines": [ 20.083959, 19.57274, 19.140924, 19.192535 ] }, { "date": "2024-01-05", "close": 19.781287, "volume": 7548971, "typical_volume": 8283247.1, "trend": 19.241139, "fair_value": 17.325825, "relative_strength": -3.446946, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 23.560639, "energy": 47.745699, "activity_lines": [ 20.035295, 19.680493, 19.210457, 19.230925 ] }, { "date": "2024-01-12", "close": 19.817025, "volume": 8264129, "typical_volume": 8381716.6, "trend": 19.284843, "fair_value": 17.367875, "relative_strength": -4.897445, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 29.059948, "energy": 36.560928, "activity_lines": [ 19.975645, 19.754765, 19.280841, 19.268079 ] }, { "date": "2024-01-19", "close": 19.254143, "volume": 5417298, "typical_volume": 8372219.95, "trend": 19.330518, "fair_value": 17.406316, "relative_strength": -8.496029, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 11.550916, "energy": 12.486127, "activity_lines": [ 19.703085, 19.72269, 19.293774, 19.266099 ] }, { "date": "2024-01-26", "close": 19.361359, "volume": 8551786, "typical_volume": 8524981.8, "trend": 19.332538, "fair_value": 17.449842, "relative_strength": -8.670092, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.138362, "energy": 7.128263, "activity_lines": [ 19.535644, 19.694653, 19.31908, 19.268088 ] }, { "date": "2024-02-02", "close": 19.200536, "volume": 7104178, "typical_volume": 8520249.35, "trend": 19.326092, "fair_value": 17.488698, "relative_strength": -10.382361, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.281403, "energy": 8.791005, "activity_lines": [ 19.375059, 19.6174, 19.331013, 19.259572 ] }, { "date": "2024-02-09", "close": 19.20947, "volume": 8871524, "typical_volume": 8733637.4, "trend": 19.298112, "fair_value": 17.520584, "relative_strength": -11.24475, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -6.596605, "energy": 12.7104, "activity_lines": [ 19.283925, 19.527291, 19.348128, 19.252048 ] }, { "date": "2024-02-16", "close": 19.191601, "volume": 17561747, "typical_volume": 9220793.5, "trend": 19.259641, "fair_value": 17.550838, "relative_strength": -10.653755, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.791375, "energy": 11.813976, "activity_lines": [ 19.224957, 19.438083, 19.361342, 19.245176 ] }, { "date": "2024-02-23", "close": 18.816346, "volume": 7057903, "typical_volume": 9140058.0, "trend": 19.222051, "fair_value": 17.574542, "relative_strength": -13.432998, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.183887, "energy": 20.900797, "activity_lines": [ 19.082598, 19.285124, 19.336496, 19.216577 ] }, { "date": "2024-03-01", "close": 19.012908, "volume": 11738865, "typical_volume": 9402272.45, "trend": 19.169182, "fair_value": 17.594854, "relative_strength": -13.002963, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.422082, "energy": 16.01117, "activity_lines": [ 19.034947, 19.194785, 19.325714, 19.203084 ] }, { "date": "2024-03-08", "close": 19.066516, "volume": 8287979, "typical_volume": 9398122.7, "trend": 19.124504, "fair_value": 17.611416, "relative_strength": -12.238184, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.190455, "energy": 18.003177, "activity_lines": [ 19.028395, 19.137018, 19.314993, 19.19646 ] }, { "date": "2024-03-15", "close": 18.557242, "volume": 9252944, "typical_volume": 9430579.65, "trend": 19.101562, "fair_value": 17.630627, "relative_strength": -14.309287, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.13052, "energy": 38.121838, "activity_lines": [ 18.861019, 19.007223, 19.250933, 19.159862 ] }, { "date": "2024-03-22", "close": 18.70913, "volume": 11037183, "typical_volume": 9404229.8, "trend": 19.091542, "fair_value": 17.650054, "relative_strength": -15.234503, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.428721, "energy": 33.595328, "activity_lines": [ 18.787755, 18.927298, 19.196695, 19.134544 ] }, { "date": "2024-03-29", "close": 19.370294, "volume": 6242678, "typical_volume": 9225643.1, "trend": 19.080275, "fair_value": 17.674174, "relative_strength": -12.262769, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -5.766153, "energy": 9.623769, "activity_lines": [ 18.967044, 18.987729, 19.209653, 19.152528 ] }, { "date": "2024-04-05", "close": 18.395217, "volume": 5906072, "typical_volume": 8831129.65, "trend": 19.034468, "fair_value": 17.691947, "relative_strength": -15.621018, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.289521, "energy": 24.342414, "activity_lines": [ 18.784377, 18.868761, 19.125145, 19.108331 ] }, { "date": "2024-04-12", "close": 18.268603, "volume": 7594549, "typical_volume": 8903342.45, "trend": 18.973089, "fair_value": 17.707634, "relative_strength": -14.684578, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.609492, "energy": 25.658568, "activity_lines": [ 18.600684, 18.744339, 19.027947, 19.05892 ] }, { "date": "2024-04-19", "close": 18.892629, "volume": 11444282, "typical_volume": 8902170.8, "trend": 18.977918, "fair_value": 17.724006, "relative_strength": -8.688001, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.058561, "energy": 17.258873, "activity_lines": [ 18.678195, 18.75032, 18.990826, 19.053729 ] }, { "date": "2024-04-26", "close": 19.227252, "volume": 8885651, "typical_volume": 8876004.15, "trend": 18.995356, "fair_value": 17.741147, "relative_strength": -9.222045, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -3.488383, "energy": 9.319001, "activity_lines": [ 18.844888, 18.822902, 18.988169, 19.069815 ] }, { "date": "2024-05-03", "close": 19.055419, "volume": 10755821, "typical_volume": 8806707.25, "trend": 19.035917, "fair_value": 17.75326, "relative_strength": -10.293385, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.001994, "energy": 3.768388, "activity_lines": [ 18.919761, 18.863594, 18.97015, 19.07369 ] }, { "date": "2024-05-10", "close": 19.073506, "volume": 6183540, "typical_volume": 8648504.05, "trend": 19.073252, "fair_value": 17.770689, "relative_strength": -11.575327, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.273156, "energy": 6.566406, "activity_lines": [ 19.021655, 18.903228, 18.959756, 19.076116 ] }, { "date": "2024-05-17", "close": 19.20012, "volume": 5797706, "typical_volume": 8675240.3, "trend": 19.111568, "fair_value": 17.790461, "relative_strength": -12.184772, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.896712, "energy": 8.570042, "activity_lines": [ 19.120534, 18.96478, 18.96711, 19.084301 ] }, { "date": "2024-05-24", "close": 19.010199, "volume": 7346497, "typical_volume": 8665116.6, "trend": 19.159162, "fair_value": 17.804221, "relative_strength": -12.863395, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -13.021794, "energy": 9.793015, "activity_lines": [ 19.094006, 18.989373, 18.961126, 19.077761 ] }, { "date": "2024-05-31", "close": 19.824147, "volume": 6593547, "typical_volume": 8581587.5, "trend": 19.166739, "fair_value": 17.82014, "relative_strength": -8.627486, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.626338, "energy": 23.865058, "activity_lines": [ 19.330955, 19.15372, 19.036333, 19.120663 ] }, { "date": "2024-06-07", "close": 20.032156, "volume": 5421051, "typical_volume": 8581775.15, "trend": 19.221009, "fair_value": 17.831681, "relative_strength": -8.591001, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 27.929507, "energy": 39.097156, "activity_lines": [ 19.597447, 19.335614, 19.131316, 19.176496 ] }, { "date": "2024-06-14", "close": 19.860322, "volume": 7185000, "typical_volume": 8513435.85, "trend": 19.274263, "fair_value": 17.850178, "relative_strength": -10.589019, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 22.469492, "energy": 41.006459, "activity_lines": [ 19.741546, 19.474232, 19.206229, 19.217742 ] }, { "date": "2024-06-21", "close": 19.824147, "volume": 5798256, "typical_volume": 8448139.75, "trend": 19.321599, "fair_value": 17.864567, "relative_strength": -11.094718, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.306475, "energy": 48.34588, "activity_lines": [ 19.821132, 19.579634, 19.275321, 19.253219 ] }, { "date": "2024-06-28", "close": 20.240165, "volume": 7744049, "typical_volume": 8391766.0, "trend": 19.348344, "fair_value": 17.883662, "relative_strength": -8.882734, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 39.662633, "energy": 52.191911, "activity_lines": [ 19.997789, 19.732393, 19.381064, 19.312481 ] }, { "date": "2024-07-05", "close": 20.068331, "volume": 4008902, "typical_volume": 7714123.75, "trend": 19.369362, "fair_value": 17.901723, "relative_strength": -10.990316, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 34.584889, "energy": 46.09843, "activity_lines": [ 20.03517, 19.829409, 19.465534, 19.358932 ] }, { "date": "2024-07-12", "close": 21.076456, "volume": 5513716, "typical_volume": 7636914.4, "trend": 19.395416, "fair_value": 17.929691, "relative_strength": -7.077297, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 81.819447, "energy": 72.194653, "activity_lines": [ 20.392314, 20.094428, 19.641841, 19.469067 ] }, { "date": "2024-07-19", "close": 21.607026, "volume": 6182049, "typical_volume": 7359073.6, "trend": 19.44004, "fair_value": 17.968519, "relative_strength": -2.539231, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.887152, "energy": 85.080925, "activity_lines": [ 20.856695, 20.419168, 19.857916, 19.611751 ] }, { "date": "2024-07-26", "close": 22.009528, "volume": 6537877, "typical_volume": 7271568.5, "trend": 19.500436, "fair_value": 18.005916, "relative_strength": 0.28921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.302479, "energy": 91.916608, "activity_lines": [ 21.338796, 20.771026, 20.099972, 19.777525 ] }, { "date": "2024-08-02", "close": 22.256518, "volume": 12716366, "typical_volume": 7444739.6, "trend": 19.582944, "fair_value": 18.043403, "relative_strength": 3.857832, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.881741, "energy": 93.033016, "activity_lines": [ 21.757535, 21.116712, 20.351536, 19.955337 ] }, { "date": "2024-08-09", "close": 22.311405, "volume": 7115255, "typical_volume": 7248643.2, "trend": 19.66609, "fair_value": 18.084689, "relative_strength": 4.324593, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.978097, "energy": 90.570971, "activity_lines": [ 22.060146, 21.413353, 20.590712, 20.131366 ] }, { "date": "2024-08-16", "close": 22.896862, "volume": 6668709, "typical_volume": 7269944.75, "trend": 19.787514, "fair_value": 18.133894, "relative_strength": 3.11245, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.310825, "energy": 91.102526, "activity_lines": [ 22.408371, 21.771218, 20.868492, 20.339803 ] }, { "date": "2024-08-23", "close": 23.555501, "volume": 6340094, "typical_volume": 7291645.85, "trend": 19.927318, "fair_value": 18.1794, "relative_strength": 4.698855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.277955, "energy": 89.102635, "activity_lines": [ 22.854782, 22.19675, 21.192206, 20.582899 ] }, { "date": "2024-08-30", "close": 23.857377, "volume": 5421303, "typical_volume": 7182983.55, "trend": 20.082546, "fair_value": 18.225453, "relative_strength": 5.849265, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.062893, "energy": 90.544, "activity_lines": [ 23.27192, 22.609983, 21.520098, 20.836451 ] }, { "date": "2024-09-06", "close": 23.482319, "volume": 3837127, "typical_volume": 6802625.8, "trend": 20.224975, "fair_value": 18.273524, "relative_strength": 8.762099, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.464935, "energy": 80.69487, "activity_lines": [ 23.440849, 22.881692, 21.785657, 21.055792 ] }, { "date": "2024-09-13", "close": 24.54346, "volume": 4990083, "typical_volume": 6607847.4, "trend": 20.40337, "fair_value": 18.324695, "relative_strength": 9.411599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.94873, "energy": 89.204376, "activity_lines": [ 23.881771, 23.287388, 22.130421, 21.334403 ] }, { "date": "2024-09-20", "close": 24.086071, "volume": 9217231, "typical_volume": 6530917.9, "trend": 20.579028, "fair_value": 18.372213, "relative_strength": 5.95798, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.622307, "energy": 71.978852, "activity_lines": [ 24.021427, 23.528557, 22.406309, 21.571997 ] }, { "date": "2024-09-27", "close": 24.012889, "volume": 5884319, "typical_volume": 6515956.85, "trend": 20.745694, "fair_value": 18.415101, "relative_strength": 5.158521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.905471, "energy": 65.228517, "activity_lines": [ 24.057408, 23.701699, 22.651271, 21.793537 ] }, { "date": "2024-10-04", "close": 23.720161, "volume": 6539845, "typical_volume": 6553063.8, "trend": 20.900815, "fair_value": 18.454659, "relative_strength": 3.637495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.457532, "energy": 61.227323, "activity_lines": [ 23.965321, 23.777875, 22.844834, 21.985438 ] }, { "date": "2024-10-11", "close": 23.645684, "volume": 7053843, "typical_volume": 6538431.1, "trend": 21.07043, "fair_value": 18.492857, "relative_strength": 2.203192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.974654, "energy": 54.285023, "activity_lines": [ 23.857556, 23.809407, 23.00978, 22.162526 ] }, { "date": "2024-10-18", "close": 24.431102, "volume": 8845381, "typical_volume": 6651022.8, "trend": 21.261162, "fair_value": 18.539826, "relative_strength": 4.776062, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.385518, "energy": 55.920121, "activity_lines": [ 24.000705, 23.958485, 23.227454, 22.379344 ] }, { "date": "2024-10-25", "close": 23.719606, "volume": 6280851, "typical_volume": 6694012.8, "trend": 21.406139, "fair_value": 18.586541, "relative_strength": 2.820178, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 47.844844, "energy": 42.489066, "activity_lines": [ 23.91418, 23.93966, 23.355429, 22.537953 ] }, { "date": "2024-11-01", "close": 23.839729, "volume": 9296543, "typical_volume": 6799589.95, "trend": 21.587623, "fair_value": 18.624635, "relative_strength": 4.988607, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.699717, "energy": 37.614615, "activity_lines": [ 23.892127, 23.927717, 23.477284, 22.694959 ] }, { "date": "2024-11-08", "close": 25.364363, "volume": 10717676, "typical_volume": 7045560.95, "trend": 21.824148, "fair_value": 18.672968, "relative_strength": 6.629739, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.918852, "energy": 54.518971, "activity_lines": [ 24.389829, 24.187812, 23.725393, 22.938619 ] }, { "date": "2024-11-15", "close": 24.662107, "volume": 6842181, "typical_volume": 7000467.55, "trend": 22.016464, "fair_value": 18.71763, "relative_strength": 5.826086, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.326976, "energy": 48.388313, "activity_lines": [ 24.543833, 24.292825, 23.880239, 23.121713 ] }, { "date": "2024-11-22", "close": 25.318162, "volume": 6082725, "typical_volume": 7104158.7, "trend": 22.219495, "fair_value": 18.771998, "relative_strength": 6.780939, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.339671, "energy": 56.237302, "activity_lines": [ 24.848759, 24.495669, 24.076509, 23.334726 ] }, { "date": "2024-11-29", "close": 25.475245, "volume": 5503906, "typical_volume": 7103668.2, "trend": 22.433489, "fair_value": 18.828826, "relative_strength": 6.220638, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.068938, "energy": 66.667957, "activity_lines": [ 25.14691, 24.712989, 24.26274, 23.544775 ] }, { "date": "2024-12-06", "close": 24.911593, "volume": 6827234, "typical_volume": 7135927.45, "trend": 22.628092, "fair_value": 18.87846, "relative_strength": 3.062415, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.533214, "energy": 49.397412, "activity_lines": [ 25.140134, 24.802568, 24.374344, 23.704652 ] }, { "date": "2024-12-13", "close": 24.283259, "volume": 7231235, "typical_volume": 7170595.35, "trend": 22.79753, "fair_value": 18.927698, "relative_strength": 1.230927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.36698, "energy": 41.932747, "activity_lines": [ 24.852456, 24.761565, 24.41037, 23.811437 ] }, { "date": "2024-12-20", "close": 23.211395, "volume": 12360422, "typical_volume": 7152798.15, "trend": 22.93757, "fair_value": 18.965396, "relative_strength": -1.233103, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 22.545687, "energy": 14.563206, "activity_lines": [ 24.279563, 24.51544, 24.333487, 23.838138 ] }, { "date": "2024-12-27", "close": 23.146713, "volume": 4350793, "typical_volume": 7014575.05, "trend": 23.048322, "fair_value": 19.000759, "relative_strength": -1.951067, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.065889, "energy": 16.722943, "activity_lines": [ 23.781824, 24.26545, 24.245896, 23.851631 ] }, { "date": "2025-01-03", "close": 23.146713, "volume": 4259061, "typical_volume": 6894092.65, "trend": 23.15214, "fair_value": 19.034249, "relative_strength": -1.266465, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.371631, "energy": 21.741608, "activity_lines": [ 23.428848, 24.038813, 24.154328, 23.857979 ] }, { "date": "2025-01-10", "close": 21.16931, "volume": 8269439, "typical_volume": 6990559.9, "trend": 23.195773, "fair_value": 19.05344, "relative_strength": -7.665734, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -46.298496, "energy": 48.526215, "activity_lines": [ 22.571973, 23.463065, 23.873246, 23.730055 ] }, { "date": "2025-01-17", "close": 21.795786, "volume": 10542156, "typical_volume": 7246602.55, "trend": 23.261495, "fair_value": 19.085283, "relative_strength": -7.474113, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.878999, "energy": 60.515137, "activity_lines": [ 22.173409, 23.049774, 23.663191, 23.639733 ] }, { "date": "2025-01-24", "close": 22.263307, "volume": 7745574, "typical_volume": 7442024.9, "trend": 23.328933, "fair_value": 19.117663, "relative_strength": -6.940556, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.454876, "energy": 61.379137, "activity_lines": [ 22.096517, 22.78637, 23.507479, 23.575334 ] }, { "date": "2025-01-31", "close": 21.64618, "volume": 10713114, "typical_volume": 7728176.45, "trend": 23.381528, "fair_value": 19.148599, "relative_strength": -8.444718, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.430023, "energy": 65.383387, "activity_lines": [ 21.877121, 22.454375, 23.298797, 23.466769 ] }, { "date": "2025-02-07", "close": 22.010846, "volume": 7711445, "typical_volume": 7652887.15, "trend": 23.412674, "fair_value": 19.176325, "relative_strength": -6.639955, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -61.933021, "energy": 62.212422, "activity_lines": [ 21.879317, 22.255447, 23.138643, 23.378338 ] }, { "date": "2025-02-14", "close": 20.916849, "volume": 17350831, "typical_volume": 8226212.75, "trend": 23.389668, "fair_value": 19.196306, "relative_strength": -12.381849, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -75.715966, "energy": 65.769415, "activity_lines": [ 21.592571, 21.9206, 22.88418, 23.217317 ] }, { "date": "2025-02-21", "close": 20.505431, "volume": 6685022, "typical_volume": 8233471.6, "trend": 23.339531, "fair_value": 19.209671, "relative_strength": -12.564147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.507688, "energy": 76.711179, "activity_lines": [ 21.185517, 21.583581, 22.605278, 23.031237 ] }, { "date": "2025-02-28", "close": 21.440471, "volume": 9176359, "typical_volume": 8339597.4, "trend": 23.31233, "fair_value": 19.228559, "relative_strength": -7.624315, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.060343, "energy": 60.222165, "activity_lines": [ 21.176167, 21.485257, 22.430735, 22.908717 ] }, { "date": "2025-03-07", "close": 20.95425, "volume": 10073207, "typical_volume": 8400988.7, "trend": 23.267091, "fair_value": 19.246162, "relative_strength": -6.794665, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.601309, "energy": 58.186393, "activity_lines": [ 21.059598, 21.330728, 22.220387, 22.756583 ] }, { "date": "2025-03-14", "close": 20.337124, "volume": 9840651, "typical_volume": 8578978.7, "trend": 23.181767, "fair_value": 19.259286, "relative_strength": -7.404423, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.054538, "energy": 57.820381, "activity_lines": [ 20.78345, 21.103857, 21.967821, 22.567553 ] }, { "date": "2025-03-21", "close": 20.655037, "volume": 9275720, "typical_volume": 8577937.55, "trend": 23.085085, "fair_value": 19.274186, "relative_strength": -6.445872, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.217638, "energy": 51.600555, "activity_lines": [ 20.724854, 20.985872, 21.76164, 22.404538 ] }, { "date": "2025-03-28", "close": 20.823345, "volume": 7029074, "typical_volume": 8393507.45, "trend": 22.98395, "fair_value": 19.287496, "relative_strength": -4.270055, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.597642, "energy": 48.456857, "activity_lines": [ 20.739814, 20.907838, 21.586653, 22.258619 ] }, { "date": "2025-04-04", "close": 19.448836, "volume": 10202403, "typical_volume": 8561518.55, "trend": 22.849501, "fair_value": 19.295801, "relative_strength": -1.797511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.797283, "energy": 56.554846, "activity_lines": [ 20.275411, 20.597575, 21.302384, 22.030547 ] }, { "date": "2025-04-11", "close": 19.409964, "volume": 16088971, "typical_volume": 9061830.85, "trend": 22.678384, "fair_value": 19.302008, "relative_strength": -7.260654, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.213641, "energy": 57.403814, "activity_lines": [ 19.930826, 20.331416, 21.039238, 21.808642 ] }, { "date": "2025-04-18", "close": 20.234106, "volume": 8189860, "typical_volume": 9196128.55, "trend": 22.549985, "fair_value": 19.313392, "relative_strength": -1.930384, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.921363, "energy": 49.778993, "activity_lines": [ 19.963908, 20.25576, 20.882717, 21.650946 ] }, { "date": "2025-04-25", "close": 20.688805, "volume": 11184095, "typical_volume": 9413971.6, "trend": 22.439183, "fair_value": 19.328219, "relative_strength": -4.10424, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.497843, "energy": 44.424973, "activity_lines": [ 20.155424, 20.295081, 20.794458, 21.53087 ] }, { "date": "2025-05-02", "close": 21.314016, "volume": 15016433, "typical_volume": 9803231.5, "trend": 22.358978, "fair_value": 19.350488, "relative_strength": -4.009831, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.080488, "energy": 26.482147, "activity_lines": [ 20.553092, 20.452222, 20.785851, 21.458279 ] }, { "date": "2025-05-09", "close": 21.247706, "volume": 10602507, "typical_volume": 9715335.75, "trend": 22.279045, "fair_value": 19.374708, "relative_strength": -3.924769, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.887149, "energy": 20.339027, "activity_lines": [ 20.895946, 20.582606, 20.785068, 21.386584 ] }, { "date": "2025-05-16", "close": 21.9487, "volume": 8487495, "typical_volume": 9922170.85, "trend": 22.196298, "fair_value": 19.411029, "relative_strength": -5.752281, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -11.665287, "energy": 17.47394, "activity_lines": [ 21.352539, 20.843948, 20.860398, 21.365271 ] }, { "date": "2025-05-23", "close": 20.262525, "volume": 7236826, "typical_volume": 10071059.1, "trend": 22.081062, "fair_value": 19.428723, "relative_strength": -10.665366, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.305075, "energy": 21.228997, "activity_lines": [ 21.077825, 20.780632, 20.780844, 21.240512 ] }, { "date": "2025-05-30", "close": 20.954046, "volume": 6098234, "typical_volume": 9962498.85, "trend": 21.984873, "fair_value": 19.455075, "relative_strength": -9.115618, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.909125, "energy": 11.852696, "activity_lines": [ 21.031724, 20.844403, 20.780884, 21.167801 ] }, { "date": "2025-06-06", "close": 21.399272, "volume": 8051337, "typical_volume": 9837957.9, "trend": 21.852703, "fair_value": 19.49268, "relative_strength": -8.592841, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.383618, "energy": 7.811703, "activity_lines": [ 21.116348, 20.983688, 20.824351, 21.13002 ] }, { "date": "2025-06-13", "close": 21.086667, "volume": 6126683, "typical_volume": 9757013.35, "trend": 21.733522, "fair_value": 19.536311, "relative_strength": -9.528082, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.059044, "energy": 9.583306, "activity_lines": [ 21.091087, 21.055664, 20.839934, 21.080599 ] }, { "date": "2025-06-20", "close": 21.484528, "volume": 5772963, "typical_volume": 9510005.8, "trend": 21.605734, "fair_value": 19.576734, "relative_strength": -7.640685, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.534122, "energy": 7.029435, "activity_lines": [ 21.209183, 21.1702, 20.899013, 21.064534 ] }, { "date": "2025-06-27", "close": 21.475055, "volume": 9186636, "typical_volume": 9583765.35, "trend": 21.472395, "fair_value": 19.621058, "relative_strength": -10.658865, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.421589, "energy": 11.190683, "activity_lines": [ 21.355065, 21.245295, 20.957958, 21.056104 ] }, { "date": "2025-07-04", "close": 21.853971, "volume": 6943544, "typical_volume": 9063401.0, "trend": 21.370474, "fair_value": 19.668191, "relative_strength": -10.524733, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.74517, "energy": 25.404469, "activity_lines": [ 21.546418, 21.36672, 21.055542, 21.080721 ] }, { "date": "2025-07-11", "close": 21.592183, "volume": 7427658, "typical_volume": 9100532.8, "trend": 21.280771, "fair_value": 19.712738, "relative_strength": -11.200541, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 26.245411, "energy": 32.835272, "activity_lines": [ 21.590512, 21.419362, 21.123732, 21.095025 ] }, { "date": "2025-07-18", "close": 21.515479, "volume": 6986769, "typical_volume": 8991053.3, "trend": 21.224241, "fair_value": 19.750699, "relative_strength": -11.832392, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 24.566578, "energy": 30.549979, "activity_lines": [ 21.596179, 21.453001, 21.179441, 21.110168 ] }, { "date": "2025-07-25", "close": 21.716827, "volume": 5986238, "typical_volume": 8786704.85, "trend": 21.176578, "fair_value": 19.78359, "relative_strength": -12.039477, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 28.146304, "energy": 30.856844, "activity_lines": [ 21.640373, 21.51838, 21.253969, 21.141947 ] }, { "date": "2025-08-01", "close": 20.748439, "volume": 10572051, "typical_volume": 8823274.85, "trend": 21.096635, "fair_value": 19.810808, "relative_strength": -13.500344, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 25.782829, "energy": 12.370245, "activity_lines": [ 21.346285, 21.411905, 21.232639, 21.114326 ] }, { "date": "2025-08-08", "close": 20.077279, "volume": 8456924, "typical_volume": 8782335.05, "trend": 21.060234, "fair_value": 19.821857, "relative_strength": -17.884288, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.513882, "energy": 17.939656, "activity_lines": [ 20.876918, 21.174565, 21.14543, 21.048561 ] }, { "date": "2025-08-15", "close": 20.623795, "volume": 8966868, "typical_volume": 8879224.75, "trend": 21.021168, "fair_value": 19.841968, "relative_strength": -16.05878, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -21.247063, "energy": 22.118252, "activity_lines": [ 20.708169, 21.052533, 21.113021, 21.020403 ] }, { "date": "2025-08-22", "close": 21.831883, "volume": 7839532, "typical_volume": 8761081.2, "trend": 21.006787, "fair_value": 19.874367, "relative_strength": -11.014116, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 8.799041, "energy": 13.843258, "activity_lines": [ 21.006676, 21.164253, 21.196618, 21.072707 ] }, { "date": "2025-08-29", "close": 21.879823, "volume": 7811271, "typical_volume": 8347196.2, "trend": 21.014575, "fair_value": 19.912205, "relative_strength": -10.377922, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 42.737515, "energy": 17.789412, "activity_lines": [ 21.300069, 21.27114, 21.273434, 21.129032 ] }, { "date": "2025-09-05", "close": 22.301696, "volume": 6450445, "typical_volume": 8260225.45, "trend": 21.02427, "fair_value": 19.949058, "relative_strength": -8.51551, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 61.672031, "energy": 48.581544, "activity_lines": [ 21.723219, 21.447544, 21.378666, 21.212072 ] }, { "date": "2025-09-12", "close": 21.601771, "volume": 8735833, "typical_volume": 8137812.35, "trend": 21.047101, "fair_value": 19.986023, "relative_strength": -12.248787, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.709558, "energy": 46.818061, "activity_lines": [ 21.809511, 21.48166, 21.407393, 21.24933 ] }, { "date": "2025-09-19", "close": 21.266191, "volume": 12528003, "typical_volume": 8013390.85, "trend": 21.07246, "fair_value": 20.027678, "relative_strength": -14.188953, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.584149, "energy": 42.297322, "activity_lines": [ 21.68231, 21.459346, 21.399813, 21.263465 ] }, { "date": "2025-09-26", "close": 21.237427, "volume": 10576557, "typical_volume": 8012093.35, "trend": 21.065692, "fair_value": 20.071768, "relative_strength": -13.59707, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.149897, "energy": 26.108363, "activity_lines": [ 21.502695, 21.437729, 21.389721, 21.274108 ] }, { "date": "2025-10-03", "close": 21.275779, "volume": 7920505, "typical_volume": 7983743.85, "trend": 21.076409, "fair_value": 20.114748, "relative_strength": -13.946554, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.842693, "energy": 13.475482, "activity_lines": [ 21.375494, 21.428141, 21.383331, 21.287662 ] }, { "date": "2025-10-10", "close": 20.702432, "volume": 9534874, "typical_volume": 8098646.25, "trend": 21.088586, "fair_value": 20.153674, "relative_strength": -13.759094, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -1.162535, "energy": 10.884648, "activity_lines": [ 21.097447, 21.322327, 21.325541, 21.263535 ] }, { "date": "2025-10-17", "close": 21.663304, "volume": 9379020, "typical_volume": 8262685.55, "trend": 21.122195, "fair_value": 20.195026, "relative_strength": -10.848734, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.398348, "energy": 16.114153, "activity_lines": [ 21.246309, 21.392054, 21.357167, 21.300613 ] }, { "date": "2025-10-24", "close": 22.235945, "volume": 9187764, "typical_volume": 8319506.9, "trend": 21.169282, "fair_value": 20.232527, "relative_strength": -9.820678, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.808633, "energy": 23.965049, "activity_lines": [ 21.581948, 21.53706, 21.439953, 21.372468 ] }, { "date": "2025-10-31", "close": 21.4886, "volume": 10927336, "typical_volume": 8559539.55, "trend": 21.237274, "fair_value": 20.256037, "relative_strength": -12.972107, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.577304, "energy": 23.422603, "activity_lines": [ 21.603822, 21.516874, 21.447579, 21.393069 ] }, { "date": "2025-11-07", "close": 21.828302, "volume": 8581679, "typical_volume": 8699975.35, "trend": 21.317885, "fair_value": 20.277396, "relative_strength": -9.636768, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.109276, "energy": 33.602858, "activity_lines": [ 21.722186, 21.564693, 21.485644, 21.4312 ] }, { "date": "2025-11-14", "close": 21.847714, "volume": 8493411, "typical_volume": 8665314.1, "trend": 21.371672, "fair_value": 20.298716, "relative_strength": -9.195813, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.222726, "energy": 40.403854, "activity_lines": [ 21.810185, 21.616978, 21.523921, 21.465383 ] }, { "date": "2025-11-21", "close": 22.197122, "volume": 8369953, "typical_volume": 8736634.55, "trend": 21.421949, "fair_value": 20.320978, "relative_strength": -5.463112, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 59.996077, "energy": 44.454577, "activity_lines": [ 21.938301, 21.741047, 21.5937, 21.518638 ] }, { "date": "2025-11-28", "close": 22.459178, "volume": 4617662, "typical_volume": 8596134.75, "trend": 21.460121, "fair_value": 20.342322, "relative_strength": -7.259745, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.454852, "energy": 54.389447, "activity_lines": [ 22.118182, 21.901937, 21.686803, 21.585556 ] }, { "date": "2025-12-05", "close": 21.973889, "volume": 9103361, "typical_volume": 8701964.35, "trend": 21.484327, "fair_value": 20.364993, "relative_strength": -9.102553, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.019339, "energy": 46.513476, "activity_lines": [ 22.121417, 21.952902, 21.729559, 21.618702 ] }, { "date": "2025-12-12", "close": 22.653294, "volume": 11164302, "typical_volume": 8960867.55, "trend": 21.507814, "fair_value": 20.396186, "relative_strength": -5.367426, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.811387, "energy": 55.493775, "activity_lines": [ 22.318768, 22.114005, 21.834837, 21.694119 ] }, { "date": "2025-12-19", "close": 23.051231, "volume": 13318451, "typical_volume": 9098187.55, "trend": 21.600771, "fair_value": 20.430471, "relative_strength": -3.512718, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.708548, "energy": 64.295437, "activity_lines": [ 22.593765, 22.322415, 21.973555, 21.793694 ] }, { "date": "2025-12-26", "close": 23.390933, "volume": 5175544, "typical_volume": 8934118.55, "trend": 21.682, "fair_value": 20.4665, "relative_strength": -3.179164, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.366152, "energy": 70.387609, "activity_lines": [ 22.901762, 22.549883, 22.13366, 21.909189 ] }, { "date": "2026-01-02", "close": 23.109465, "volume": 6164642, "typical_volume": 8794007.25, "trend": 21.739007, "fair_value": 20.500683, "relative_strength": -3.039027, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.002982, "energy": 69.257593, "activity_lines": [ 23.036348, 22.694764, 22.251179, 22.001283 ] }, { "date": "2026-01-09", "close": 23.114318, "volume": 12866427, "typical_volume": 9045352.0, "trend": 21.806595, "fair_value": 20.535062, "relative_strength": -4.352299, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.15474, "energy": 64.908386, "activity_lines": [ 23.1292, 22.824645, 22.357324, 22.090013 ] }, { "date": "2026-01-16", "close": 23.361477, "volume": 10225517, "typical_volume": 9166064.3, "trend": 21.86916, "fair_value": 20.572393, "relative_strength": -2.825013, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.203616, "energy": 61.721071, "activity_lines": [ 23.22841, 22.969905, 22.480901, 22.190328 ] }, { "date": "2026-01-23", "close": 22.877045, "volume": 5683957, "typical_volume": 9127739.9, "trend": 21.915893, "fair_value": 20.600982, "relative_strength": -4.300414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.066279, "energy": 41.832619, "activity_lines": [ 23.11893, 22.999211, 22.551285, 22.255353 ] }, { "date": "2026-01-30", "close": 23.223068, "volume": 7947655, "typical_volume": 9088331.0, "trend": 21.96153, "fair_value": 20.627848, "relative_strength": -3.085626, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.842947, "energy": 40.710811, "activity_lines": [ 23.136403, 23.072715, 22.651885, 22.339687 ] }, { "date": "2026-02-06", "close": 24.587386, "volume": 8205839, "typical_volume": 8872222.8, "trend": 22.06137, "fair_value": 20.665703, "relative_strength": 2.89221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.094241, "energy": 58.860884, "activity_lines": [ 23.619841, 23.375624, 22.874699, 22.509097 ] }, { "date": "2026-02-13", "close": 24.745568, "volume": 9670614, "typical_volume": 8826925.65, "trend": 22.169039, "fair_value": 20.701398, "relative_strength": 4.808928, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.034195, "energy": 73.707927, "activity_lines": [ 24.057477, 23.668598, 23.096764, 22.682271 ] }, { "date": "2026-02-20", "close": 25.655114, "volume": 8344615, "typical_volume": 8848131.15, "trend": 22.300316, "fair_value": 20.746865, "relative_strength": 7.293971, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.345048, "energy": 91.09381, "activity_lines": [ 24.689545, 24.07655, 23.388746, 22.907179 ] }, { "date": "2026-02-27", "close": 25.753977, "volume": 13395029, "typical_volume": 9041138.9, "trend": 22.467167, "fair_value": 20.792636, "relative_strength": 8.185392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.25385, "energy": 92.565104, "activity_lines": [ 25.201659, 24.447898, 23.669289, 23.129996 ] }, { "date": "2026-03-06", "close": 25.477159, "volume": 7157977, "typical_volume": 8930086.75, "trend": 22.647163, "fair_value": 20.845062, "relative_strength": 9.123483, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.295189, "energy": 87.863599, "activity_lines": [ 25.429704, 24.719775, 23.899414, 23.324189 ] }, { "date": "2026-03-13", "close": 24.854318, "volume": 10080163, "typical_volume": 8974706.7, "trend": 22.78818, "fair_value": 20.900447, "relative_strength": 8.019575, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.798255, "energy": 79.405811, "activity_lines": [ 25.299864, 24.840477, 24.05206, 23.466586 ] }, { "date": "2026-03-20", "close": 24.320455, "volume": 9507956, "typical_volume": 8903737.7, "trend": 22.871133, "fair_value": 20.949672, "relative_strength": 7.610092, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.891803, "energy": 51.684634, "activity_lines": [ 24.974273, 24.832388, 24.141393, 23.565442 ] }, { "date": "2026-03-27", "close": 23.875568, "volume": 6908725, "typical_volume": 8820090.0, "trend": 22.937658, "fair_value": 20.988219, "relative_strength": 8.069034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.696657, "energy": 29.910855, "activity_lines": [ 24.528727, 24.721481, 24.174871, 23.630245 ] }, { "date": "2026-04-03", "close": 24.399545, "volume": 6291359, "typical_volume": 8709987.4, "trend": 23.007586, "fair_value": 21.031869, "relative_strength": 6.881732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.183959, "energy": 24.370633, "activity_lines": [ 24.376477, 24.696496, 24.248502, 23.72456 ] }, { "date": "2026-04-10", "close": 25.5, "volume": 7904574, "typical_volume": 8686718.45, "trend": 23.137527, "fair_value": 21.083847, "relative_strength": 7.772236, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.071681, "energy": 28.635542, "activity_lines": [ 24.681341, 24.843911, 24.414787, 23.885361 ] }, { "date": "2026-04-17", "close": 26.72, "volume": 9146697, "typical_volume": 8913170.2, "trend": 23.31932, "fair_value": 21.137942, "relative_strength": 8.124365, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 78.340407, "energy": 49.916, "activity_lines": [ 25.391348, 25.171746, 24.681535, 24.116488 ] }, { "date": "2026-04-24", "close": 25.97, "volume": 9311800, "typical_volume": 8923592.15, "trend": 23.477073, "fair_value": 21.189665, "relative_strength": 4.624199, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.872456, "energy": 58.628964, "activity_lines": [ 25.726977, 25.324442, 24.856565, 24.2875 ] }, { "date": "2026-05-01", "close": 26.34, "volume": 12793534, "typical_volume": 9005053.75, "trend": 23.64588, "fair_value": 21.244148, "relative_strength": 5.213347, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.495776, "energy": 72.010253, "activity_lines": [ 26.07597, 25.522149, 25.047803, 24.472205 ] }, { "date": "2026-05-08", "close": 26.63, "volume": 12007881, "typical_volume": 8939525.25, "trend": 23.843466, "fair_value": 21.301874, "relative_strength": 4.038524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.468202, "energy": 78.631709, "activity_lines": [ 26.357333, 25.76013, 25.249105, 24.664729 ] }, { "date": "2026-05-15", "close": 25.93, "volume": 10964042, "typical_volume": 9228950.15, "trend": 23.985689, "fair_value": 21.355889, "relative_strength": 1.219334, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.643204, "energy": 59.867919, "activity_lines": [ 26.256667, 25.854911, 25.366698, 24.799344 ] }, { "date": "2026-05-22", "close": 27.03, "volume": 8534901, "typical_volume": 9347463.1, "trend": 24.145491, "fair_value": 21.421551, "relative_strength": 4.547793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.73147, "energy": 61.583672, "activity_lines": [ 26.494, 26.141459, 25.576963, 24.995751 ] }, { "date": "2026-05-29", "close": 27.42, "volume": 7245965, "typical_volume": 9066440.0, "trend": 24.343204, "fair_value": 21.48628, "relative_strength": 4.519884, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.212295, "energy": 62.235664, "activity_lines": [ 26.840667, 26.459357, 25.805701, 25.207009 ] }, { "date": "2026-06-05", "close": 27.407945, "volume": 7079495, "typical_volume": 8909138.9, "trend": 24.529192, "fair_value": 21.545726, "relative_strength": 7.093934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.69444, "energy": 56.173198, "activity_lines": [ 27.086648, 26.718709, 26.012787, 25.404735 ] }, { "date": "2026-06-12", "close": 28.92236, "volume": 12242589, "typical_volume": 9237070.5, "trend": 24.765014, "fair_value": 21.612498, "relative_strength": 12.168442, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.711916, "energy": 83.856332, "activity_lines": [ 27.766239, 27.189184, 26.344835, 25.688165 ] }, { "date": "2026-06-19", "close": 27.625704, "volume": 11983056, "typical_volume": 9438840.55, "trend": 24.945967, "fair_value": 21.674946, "relative_strength": 6.12717, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.26941, "energy": 71.931406, "activity_lines": [ 27.860786, 27.34167, 26.524605, 25.872726 ] }, { "date": "2026-06-26", "close": 28.932259, "volume": 11226329, "typical_volume": 9589865.05, "trend": 25.161736, "fair_value": 21.736686, "relative_strength": 13.578392, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.785607, "energy": 77.302761, "activity_lines": [ 28.277805, 27.693062, 26.807843, 26.129906 ] }, { "date": "2026-07-03", "close": 28.387861, "volume": 12855897, "typical_volume": 9749129.2, "trend": 25.375535, "fair_value": 21.794339, "relative_strength": 8.911855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.427695, "energy": 66.837693, "activity_lines": [ 28.386541, 27.90525, 27.018545, 26.338043 ] }, { "date": "2026-07-10", "close": 28.28, "volume": 12690660, "typical_volume": 9966431.45, "trend": 25.563092, "fair_value": 21.847103, "relative_strength": 6.892382, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.554152, "energy": 54.075932, "activity_lines": [ 28.394799, 28.053866, 27.201629, 26.525428 ] }, { "date": "2026-07-17", "close": 29.62, "volume": 15127708, "typical_volume": 10053065.4, "trend": 25.782051, "fair_value": 21.906554, "relative_strength": 13.390773, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.989624, "energy": 64.322716, "activity_lines": [ 28.791587, 28.410846, 27.499833, 26.787164 ] }, { "date": "2026-07-24", "close": 29.31, "volume": 11309713, "typical_volume": 10260652.2, "trend": 25.979353, "fair_value": 21.966592, "relative_strength": 12.54574, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.410509, "energy": 59.340862, "activity_lines": [ 29.038532, 28.657098, 27.750104, 27.014773 ] }, { "date": "2026-07-31", "close": 28.62, "volume": 12604702, "typical_volume": 10386879.15, "trend": 26.163038, "fair_value": 22.018009, "relative_strength": 8.434246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.073807, "energy": 52.430272, "activity_lines": [ 28.943191, 28.716441, 27.916408, 27.185138 ] }, { "date": "2026-08-07", "close": 26.75, "volume": 21678547, "typical_volume": 10995408.7, "trend": 26.284227, "fair_value": 22.05867, "relative_strength": -2.234219, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.434369, "energy": 29.454335, "activity_lines": [ 28.245333, 28.406875, 27.886686, 27.223006 ] } ], "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." } } }