{ "ticker": { "uuid": "73420d31-26c9-4cb7-be14-62ef3031f6ed", "symbol": "JPAN", "name": "MATTHEWS INTERNATIONAL FUNDS JAPAN ACTIVE 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 68.935, "architecture_energy": 34.718, "architecture_maturity": 56.366, "architecture_confidence": 88.238, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.64, "rotation_up": 35.85, "upward_expansion": 64.15, "deceleration": 94.07, "rotation_down": 28.52, "downward_expansion": 13.49 }, "activity_lines": [ 41.99042, 41.980749, 41.552656, 40.781689 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 43.4037, "trend_reference": 39.925287, "distance_from_trend": 0.087123, "trend_direction": "Improving", "fair_value": 31.46259, "distance_from_fair_value": 0.379534, "fair_value_direction": "Improving", "relative_strength": 2.272304, "relative_strength_direction": "Weakening", "price_momentum": 0.117932, "excess_performance": -0.007693, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.087123, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.052989, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.379534, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.017719, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.022723, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.018738, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.117932, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.578584, "read": "Demand-led" } ], "volume": { "latest": 13097, "relative_activity": 1.80909, "balance": 1.578584, "dry_up": 1.025513, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.033859, "annualized_volatility": 0.248355, "from_high_reference": -0.009952, "from_low_reference": 0.299452 }, "levels": { "trend_reference": 39.925287, "fair_value_reference": 31.46259, "structural_low": 35.135, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 3, "median_return": 0.054594, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.017069, "regime_survival": 0.333333, "best_return": 0.116978, "worst_return": 0.033071, "sufficient": false }, { "horizon": "Intermediate", "sample_count": 2, "median_return": 0.169498, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.042309, "regime_survival": 0.0, "best_return": 0.217867, "worst_return": 0.121129, "sufficient": false }, { "horizon": "Extended", "sample_count": 1, "median_return": 0.173308, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.053976, "regime_survival": 0.0, "best_return": 0.173308, "worst_return": 0.173308, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.295571, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.080736, "regime_survival": 1.0, "best_return": 0.295571, "worst_return": 0.295571, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-28", "end": "2025-03-28", "tenure": "New", "return": 0.0, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-04-25", "tenure": "New", "return": 0.156674, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-02", "end": "2025-05-09", "tenure": "New", "return": 0.011635, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-16", "end": "2025-07-25", "tenure": "Developing", "return": 0.047632, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-01", "end": "2025-08-08", "tenure": "New", "return": 0.045124, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-08-15", "end": "2026-03-13", "tenure": "Extended", "return": 0.062236, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-05-01", "tenure": "Developing", "return": 0.112311, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-24", "tenure": "Developing", "return": -0.015261, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.046684, "active": true } ], "chart_path": [ { "date": "2023-09-22", "close": 23.282131, "volume": 4007, "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": 22.735024, "volume": 956, "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": 22.364106, "volume": 8510, "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": 22.318452, "volume": 1358, "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": 21.632053, "volume": 270, "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": 21.540185, "volume": 179, "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": 23.135944, "volume": 25, "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": 22.64148, "volume": 1125, "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": 23.506769, "volume": 253, "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": 23.585686, "volume": 438, "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": 23.860916, "volume": 871, "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": 23.721531, "volume": 248, "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": 23.912927, "volume": 289, "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": 24.333358, "volume": 5458, "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": 24.625758, "volume": 652, "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": 24.174327, "volume": 5221, "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": 25.426533, "volume": 1957, "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": 25.377644, "volume": 13398, "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": 24.969201, "volume": 12459, "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": 25.641665, "volume": 1569, "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": 25.755647, "volume": 5367, "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": 26.259152, "volume": 10381, "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": 26.982566, "volume": 1752, "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": 27.485509, "volume": 6072, "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": 28.056635, "volume": 8107, "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": 27.436807, "volume": 17051, "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": 28.675995, "volume": 19049, "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": 28.620081, "volume": 21419, "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": 27.980304, "volume": 11623, "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": 27.785401, "volume": 10380, "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": 26.48927, "volume": 17991, "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": 26.698314, "volume": 9259, "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": 27.559873, "volume": 4470, "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": 27.096173, "volume": 4865, "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": 27.511358, "volume": 6461, "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": 27.465653, "volume": 2957, "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": 27.790084, "volume": 633, "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": 27.933943, "volume": 14375, "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": 27.657184, "volume": 2202, "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": 27.188707, "volume": 3883, "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": 28.024323, "volume": 2809, "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": 28.776209, "volume": 2749, "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": 29.48932, "volume": 15859, "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": 29.056152, "volume": 6093, "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": 28.091476, "volume": 16614, "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": 26.411159, "volume": 4047, "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": 26.955686, "volume": 18846, "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": 28.618676, "volume": 2612, "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": 29.890363, "volume": 8744, "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": 30.118608, "volume": 6270, "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": 28.375915, "volume": 3019, "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": 29.358574, "volume": 9283, "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": 29.93663, "volume": 4537, "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": 29.904599, "volume": 9532, "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": 30.139681, "volume": 2466, "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": 29.897575, "volume": 4548, "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": 29.51826, "volume": 1823, "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": 28.259311, "volume": 2792, "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": "2024-11-01", "close": 28.533166, "volume": 4057, "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": "2024-11-08", "close": 29.292545, "volume": 4244, "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": "2024-11-15", "close": 28.582149, "volume": 10820, "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": "2024-11-22", "close": 28.717485, "volume": 3225, "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": "2024-11-29", "close": 29.571552, "volume": 6704, "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": "2024-12-06", "close": 30.270802, "volume": 4487, "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": "2024-12-13", "close": 29.723839, "volume": 2756, "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": "2024-12-20", "close": 28.765735, "volume": 2600, "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": "2024-12-27", "close": 29.327246, "volume": 1336, "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": "2025-01-03", "close": 29.136177, "volume": 526, "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": "2025-01-10", "close": 28.136413, "volume": 1115, "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": "2025-01-17", "close": 28.415457, "volume": 1018, "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": "2025-01-24", "close": 29.416457, "volume": 3726, "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": "2025-01-31", "close": 29.467244, "volume": 850, "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": "2025-02-07", "close": 29.499485, "volume": 4748, "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": "2025-02-14", "close": 29.825796, "volume": 1909, "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": "2025-02-21", "close": 29.640338, "volume": 5283, "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": "2025-02-28", "close": 29.168513, "volume": 39564, "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": "2025-03-07", "close": 29.739725, "volume": 15281, "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": "2025-03-14", "close": 29.670011, "volume": 14554, "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": "2025-03-21", "close": 30.170083, "volume": 3138, "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": "2025-03-28", "close": 29.338089, "volume": 7954, "typical_volume": 6579.7, "trend": 29.326628, "fair_value": 27.330565, "relative_strength": 2.684813, "stage": 3, "regime": "balance", "modifier": "Neutral compression", "gate": "up", "direction": 47.171229, "energy": 30.726769, "activity_lines": [ 29.668585, 29.633003, 29.437922, 29.369508 ] }, { "date": "2025-04-04", "close": 26.135365, "volume": 12531, "typical_volume": 6665.25, "trend": 29.251943, "fair_value": 27.315809, "relative_strength": 0.706258, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.376263, "energy": 53.486405, "activity_lines": [ 28.507945, 29.004237, 29.133754, 29.16362 ] }, { "date": "2025-04-11", "close": 27.975397, "volume": 4335, "typical_volume": 6720.75, "trend": 29.205837, "fair_value": 27.323853, "relative_strength": 2.112966, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.659603, "energy": 56.975077, "activity_lines": [ 28.162859, 28.76968, 29.016478, 29.081262 ] }, { "date": "2025-04-18", "close": 29.036124, "volume": 8377, "typical_volume": 6804.4, "trend": 29.175821, "fair_value": 27.344483, "relative_strength": 7.461173, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.383818, "energy": 43.829218, "activity_lines": [ 28.288971, 28.755106, 29.003758, 29.070312 ] }, { "date": "2025-04-25", "close": 30.230096, "volume": 4758, "typical_volume": 6817.95, "trend": 29.186671, "fair_value": 27.378835, "relative_strength": 6.888655, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -27.386498, "energy": 23.516594, "activity_lines": [ 28.855332, 28.966043, 29.107299, 29.13833 ] }, { "date": "2025-05-02", "close": 30.719516, "volume": 7272, "typical_volume": 7043.75, "trend": 29.205998, "fair_value": 27.418137, "relative_strength": 5.544986, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 60.836946, "energy": 32.909442, "activity_lines": [ 29.580833, 29.258614, 29.257645, 29.237223 ] }, { "date": "2025-05-09", "close": 31.076927, "volume": 2811, "typical_volume": 7054.3, "trend": 29.24531, "fair_value": 27.460681, "relative_strength": 7.135209, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 67.951333, "energy": 49.995386, "activity_lines": [ 30.333375, 29.596547, 29.437289, 29.357929 ] }, { "date": "2025-05-16", "close": 31.246598, "volume": 9860, "typical_volume": 7480.5, "trend": 29.302921, "fair_value": 27.504198, "relative_strength": 2.308304, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.926555, "energy": 70.733839, "activity_lines": [ 30.813037, 29.930632, 29.622087, 29.487044 ] }, { "date": "2025-05-23", "close": 31.655748, "volume": 5249, "typical_volume": 7716.65, "trend": 29.416136, "fair_value": 27.551374, "relative_strength": 6.264147, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.309452, "energy": 78.660372, "activity_lines": [ 31.211003, 30.31171, 29.836712, 29.638839 ] }, { "date": "2025-05-30", "close": 32.20499, "volume": 2852, "typical_volume": 7803.5, "trend": 29.53853, "fair_value": 27.603662, "relative_strength": 6.171612, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.045661, "energy": 82.040495, "activity_lines": [ 31.617407, 30.756545, 30.091647, 29.818765 ] }, { "date": "2025-06-06", "close": 32.272896, "volume": 1479, "typical_volume": 7826.55, "trend": 29.637875, "fair_value": 27.655543, "relative_strength": 4.629215, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.241082, "energy": 80.61105, "activity_lines": [ 31.914787, 31.176729, 30.333675, 29.995176 ] }, { "date": "2025-06-13", "close": 32.078402, "volume": 3808, "typical_volume": 7830.65, "trend": 29.754417, "fair_value": 27.704145, "relative_strength": 4.288432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.877377, "energy": 76.897932, "activity_lines": [ 32.043777, 31.50819, 30.538812, 30.152629 ] }, { "date": "2025-06-20", "close": 31.5692, "volume": 1846, "typical_volume": 7880.45, "trend": 29.849474, "fair_value": 27.746157, "relative_strength": 2.699919, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.427447, "energy": 61.407583, "activity_lines": [ 31.936268, 31.639014, 30.682777, 30.269712 ] }, { "date": "2025-06-27", "close": 33.144645, "volume": 3710, "typical_volume": 7828.55, "trend": 29.968577, "fair_value": 27.804205, "relative_strength": 4.139186, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.786483, "energy": 63.50835, "activity_lines": [ 32.332401, 31.99094, 30.966775, 30.482304 ] }, { "date": "2025-07-04", "close": 32.544521, "volume": 4951, "typical_volume": 7980.65, "trend": 30.044368, "fair_value": 27.854634, "relative_strength": 0.566237, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.988454, "energy": 77.010458, "activity_lines": [ 32.429232, 32.159053, 31.17626, 30.648494 ] }, { "date": "2025-07-11", "close": 31.55132, "volume": 1184, "typical_volume": 7775.7, "trend": 30.105284, "fair_value": 27.893546, "relative_strength": -2.135009, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.709481, "energy": 60.05552, "activity_lines": [ 32.172361, 32.104503, 31.278209, 30.745716 ] }, { "date": "2025-07-18", "close": 31.423592, "volume": 1211, "typical_volume": 5858.05, "trend": 30.193879, "fair_value": 27.930318, "relative_strength": -3.019481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 50.871253, "energy": 52.390918, "activity_lines": [ 31.92102, 32.011606, 31.358893, 30.830769 ] }, { "date": "2025-07-25", "close": 32.734925, "volume": 4496, "typical_volume": 5318.8, "trend": 30.307468, "fair_value": 27.97985, "relative_strength": -0.450254, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.987054, "energy": 46.197528, "activity_lines": [ 32.150443, 32.150831, 31.553728, 30.994707 ] }, { "date": "2025-08-01", "close": 32.007358, "volume": 849, "typical_volume": 4633.55, "trend": 30.403174, "fair_value": 28.020947, "relative_strength": -0.303415, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.13566, "energy": 32.738796, "activity_lines": [ 32.059628, 32.130709, 31.665007, 31.104377 ] }, { "date": "2025-08-08", "close": 33.45165, "volume": 2519, "typical_volume": 4602.6, "trend": 30.580349, "fair_value": 28.075802, "relative_strength": 1.618089, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.899605, "energy": 54.713949, "activity_lines": [ 32.526064, 32.366794, 31.902708, 31.301053 ] }, { "date": "2025-08-15", "close": 34.51447, "volume": 3833, "typical_volume": 4396.55, "trend": 30.783649, "fair_value": 28.140189, "relative_strength": 3.773723, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.420684, "energy": 80.512186, "activity_lines": [ 33.286298, 32.773452, 32.226004, 31.554867 ] }, { "date": "2025-08-22", "close": 34.427352, "volume": 872, "typical_volume": 3813.6, "trend": 30.950679, "fair_value": 28.202438, "relative_strength": 3.230414, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.336429, "energy": 88.705776, "activity_lines": [ 33.819949, 33.123515, 32.516353, 31.789945 ] }, { "date": "2025-08-29", "close": 33.754756, "volume": 6526, "typical_volume": 3923.15, "trend": 31.093596, "fair_value": 28.256873, "relative_strength": 1.321052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.868904, "energy": 84.838303, "activity_lines": [ 33.92915, 33.308579, 32.703159, 31.970853 ] }, { "date": "2025-09-05", "close": 33.834551, "volume": 1092, "typical_volume": 3558.9, "trend": 31.238098, "fair_value": 28.311025, "relative_strength": 1.250496, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.172095, "energy": 81.772381, "activity_lines": [ 33.996962, 33.468414, 32.870045, 32.147689 ] }, { "date": "2025-09-12", "close": 34.630024, "volume": 1314, "typical_volume": 3386.7, "trend": 31.398239, "fair_value": 28.371785, "relative_strength": 2.035835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.137869, "energy": 67.289777, "activity_lines": [ 34.208118, 33.760336, 33.08984, 32.366523 ] }, { "date": "2025-09-19", "close": 34.498492, "volume": 1347, "typical_volume": 3090.45, "trend": 31.560178, "fair_value": 28.430134, "relative_strength": 0.457967, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.857991, "energy": 59.722786, "activity_lines": [ 34.296872, 33.990426, 33.276156, 32.566539 ] }, { "date": "2025-09-26", "close": 34.318359, "volume": 1379, "typical_volume": 3018.85, "trend": 31.731839, "fair_value": 28.485683, "relative_strength": 0.258604, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.471033, "energy": 58.124777, "activity_lines": [ 34.326646, 34.134179, 33.427322, 32.744486 ] }, { "date": "2025-10-03", "close": 35.103942, "volume": 7250, "typical_volume": 2888.35, "trend": 31.910647, "fair_value": 28.547536, "relative_strength": 1.450668, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.102423, "energy": 64.56927, "activity_lines": [ 34.625548, 34.368133, 33.637869, 32.962041 ] }, { "date": "2025-10-10", "close": 33.481038, "volume": 3113, "typical_volume": 2781.55, "trend": 32.037681, "fair_value": 28.593217, "relative_strength": -0.805982, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.553671, "energy": 45.967878, "activity_lines": [ 34.293536, 34.263941, 33.675486, 33.063357 ] }, { "date": "2025-10-17", "close": 34.901459, "volume": 3361, "typical_volume": 2807.0, "trend": 32.195393, "fair_value": 28.651091, "relative_strength": 1.578817, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.203194, "energy": 47.559862, "activity_lines": [ 34.458566, 34.391213, 33.83969, 33.248117 ] }, { "date": "2025-10-24", "close": 35.309848, "volume": 4631, "typical_volume": 2964.6, "trend": 32.394452, "fair_value": 28.711625, "relative_strength": 0.713299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.915557, "energy": 54.303902, "activity_lines": [ 34.741629, 34.566377, 34.029947, 33.449049 ] }, { "date": "2025-10-31", "close": 35.884389, "volume": 9464, "typical_volume": 3247.4, "trend": 32.71942, "fair_value": 28.776244, "relative_strength": 1.553293, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.123977, "energy": 58.878421, "activity_lines": [ 35.162115, 34.831542, 34.26046, 33.674207 ] }, { "date": "2025-11-07", "close": 35.592601, "volume": 8927, "typical_volume": 3601.45, "trend": 32.973326, "fair_value": 28.837105, "relative_strength": 2.2601, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.952587, "energy": 78.57679, "activity_lines": [ 35.380937, 35.017163, 34.445061, 33.859573 ] }, { "date": "2025-11-14", "close": 35.884484, "volume": 5346, "typical_volume": 3683.25, "trend": 33.201605, "fair_value": 28.899471, "relative_strength": 2.798261, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.038096, "energy": 84.224025, "activity_lines": [ 35.664476, 35.222438, 34.638301, 34.04739 ] }, { "date": "2025-11-21", "close": 34.718949, "volume": 7174, "typical_volume": 3794.4, "trend": 33.351233, "fair_value": 28.950519, "relative_strength": 1.260957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.261323, "energy": 52.727499, "activity_lines": [ 35.399274, 35.178526, 34.707491, 34.145283 ] }, { "date": "2025-11-28", "close": 35.440905, "volume": 1663, "typical_volume": 3818.35, "trend": 33.508613, "fair_value": 29.006957, "relative_strength": -0.398567, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.096332, "energy": 46.598496, "activity_lines": [ 35.386891, 35.264262, 34.835084, 34.2801 ] }, { "date": "2025-12-05", "close": 35.733549, "volume": 1567, "typical_volume": 3836.15, "trend": 33.663834, "fair_value": 29.064945, "relative_strength": 0.023948, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.5385, "energy": 45.509036, "activity_lines": [ 35.463319, 35.386072, 34.972026, 34.423645 ] }, { "date": "2025-12-12", "close": 35.955338, "volume": 2562, "typical_volume": 3739.45, "trend": 33.820792, "fair_value": 29.123837, "relative_strength": 1.114882, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.507342, "energy": 44.352492, "activity_lines": [ 35.623732, 35.522476, 35.109567, 34.571484 ] }, { "date": "2025-12-19", "close": 35.9261, "volume": 3573, "typical_volume": 3875.65, "trend": 33.963137, "fair_value": 29.181483, "relative_strength": 0.779028, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.758962, "energy": 46.596122, "activity_lines": [ 35.750217, 35.638084, 35.228988, 34.70731 ] }, { "date": "2025-12-26", "close": 35.9714, "volume": 1573, "typical_volume": 3828.35, "trend": 34.088684, "fair_value": 29.238542, "relative_strength": -0.59659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.656779, "energy": 46.750069, "activity_lines": [ 35.889028, 35.717472, 35.334063, 34.836875 ] }, { "date": "2026-01-02", "close": 36.001, "volume": 2559, "typical_volume": 3764.65, "trend": 34.212954, "fair_value": 29.294895, "relative_strength": 0.418124, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.671595, "energy": 44.067379, "activity_lines": [ 35.954208, 35.78279, 35.429959, 34.960251 ] }, { "date": "2026-01-09", "close": 37.7051, "volume": 5342, "typical_volume": 3988.15, "trend": 34.400511, "fair_value": 29.364401, "relative_strength": 3.319557, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.590925, "energy": 72.502951, "activity_lines": [ 36.550083, 36.145377, 35.68107, 35.18555 ] }, { "date": "2026-01-16", "close": 38.255, "volume": 8497, "typical_volume": 4086.7, "trend": 34.623371, "fair_value": 29.437275, "relative_strength": 4.915314, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.491225, "energy": 90.857874, "activity_lines": [ 37.19782, 36.574842, 35.968945, 35.434227 ] }, { "date": "2026-01-23", "close": 37.4368, "volume": 9996, "typical_volume": 4531.9, "trend": 34.766442, "fair_value": 29.502312, "relative_strength": 2.832091, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.40763, "energy": 83.166665, "activity_lines": [ 37.419513, 36.807136, 36.157466, 35.615739 ] }, { "date": "2026-01-30", "close": 37.5545, "volume": 4731, "typical_volume": 4702.75, "trend": 34.933442, "fair_value": 29.567249, "relative_strength": 2.570106, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.895016, "energy": 83.22814, "activity_lines": [ 37.579727, 37.032606, 36.340044, 35.795613 ] }, { "date": "2026-02-06", "close": 38.825, "volume": 4553, "typical_volume": 4863.05, "trend": 35.175898, "fair_value": 29.641311, "relative_strength": 5.99548, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.735721, "energy": 87.19548, "activity_lines": [ 38.0579, 37.43752, 36.629695, 36.046682 ] }, { "date": "2026-02-13", "close": 41.0418, "volume": 28925, "typical_volume": 6240.35, "trend": 35.496505, "fair_value": 29.731791, "relative_strength": 13.066305, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.987662, "energy": 88.53765, "activity_lines": [ 39.08674, 38.183961, 37.109867, 36.425127 ] }, { "date": "2026-02-20", "close": 40.3111, "volume": 8964, "typical_volume": 6326.05, "trend": 35.749044, "fair_value": 29.815092, "relative_strength": 9.480634, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.000857, "energy": 91.029369, "activity_lines": [ 39.649567, 38.701033, 37.488433, 36.735746 ] }, { "date": "2026-02-27", "close": 40.9031, "volume": 17225, "typical_volume": 7031.65, "trend": 36.045569, "fair_value": 29.901718, "relative_strength": 11.246489, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.746462, "energy": 92.59853, "activity_lines": [ 40.272653, 39.246545, 37.898584, 37.068266 ] }, { "date": "2026-03-06", "close": 37.3561, "volume": 18691, "typical_volume": 7798.15, "trend": 36.175717, "fair_value": 29.959503, "relative_strength": 3.532908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.741472, "energy": 59.930517, "activity_lines": [ 39.48232, 39.056658, 37.935582, 37.152816 ] }, { "date": "2026-03-13", "close": 36.6625, "volume": 3407, "typical_volume": 7736.95, "trend": 36.247318, "fair_value": 30.011065, "relative_strength": 3.083919, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 36.435255, "energy": 30.351247, "activity_lines": [ 38.474013, 38.715485, 37.894834, 37.184222 ] }, { "date": "2026-03-20", "close": 35.4827, "volume": 7604, "typical_volume": 7643.95, "trend": 36.282496, "fair_value": 30.052833, "relative_strength": 1.573887, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.274244, "energy": 18.846994, "activity_lines": [ 37.216607, 38.147776, 37.735283, 37.134891 ] }, { "date": "2026-03-27", "close": 35.2352, "volume": 7184, "typical_volume": 7556.8, "trend": 36.331844, "fair_value": 30.092094, "relative_strength": 3.089091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.954012, "energy": 35.324185, "activity_lines": [ 36.247307, 37.575475, 37.554073, 37.067324 ] }, { "date": "2026-04-03", "close": 37.1436, "volume": 8753, "typical_volume": 7727.15, "trend": 36.442146, "fair_value": 30.145112, "relative_strength": 4.908587, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -16.847491, "energy": 31.385755, "activity_lines": [ 36.252533, 37.40506, 37.556318, 37.119695 ] }, { "date": "2026-04-10", "close": 38.8657, "volume": 3743, "typical_volume": 7555.6, "trend": 36.583335, "fair_value": 30.210191, "relative_strength": 5.796376, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.024266, "energy": 22.131163, "activity_lines": [ 37.082427, 37.553085, 37.716576, 37.276054 ] }, { "date": "2026-04-17", "close": 39.6334, "volume": 4257, "typical_volume": 7685.3, "trend": 36.754499, "fair_value": 30.279993, "relative_strength": 3.224451, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.603151, "energy": 24.410459, "activity_lines": [ 38.06758, 37.816853, 37.930203, 37.472832 ] }, { "date": "2026-04-24", "close": 38.4667, "volume": 5758, "typical_volume": 7894.85, "trend": 36.892777, "fair_value": 30.340189, "relative_strength": -0.288918, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.270337, "energy": 30.96132, "activity_lines": [ 38.465773, 37.853795, 38.01275, 37.583296 ] }, { "date": "2026-05-01", "close": 39.4678, "volume": 9737, "typical_volume": 8253.6, "trend": 37.038239, "fair_value": 30.406814, "relative_strength": 1.355546, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 50.499435, "energy": 39.984431, "activity_lines": [ 38.998733, 38.119575, 38.177626, 37.749427 ] }, { "date": "2026-05-08", "close": 41.5181, "volume": 8577, "typical_volume": 8503.8, "trend": 37.306141, "fair_value": 30.487331, "relative_strength": 4.146105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.759778, "energy": 71.58671, "activity_lines": [ 39.932953, 38.773469, 38.521042, 38.03845 ] }, { "date": "2026-05-15", "close": 40.9441, "volume": 7700, "typical_volume": 8810.15, "trend": 37.507562, "fair_value": 30.562559, "relative_strength": 2.410615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.721584, "energy": 72.587972, "activity_lines": [ 40.384207, 39.311818, 38.783163, 38.273157 ] }, { "date": "2026-05-22", "close": 41.4103, "volume": 13326, "typical_volume": 9348.5, "trend": 37.71091, "fair_value": 30.640043, "relative_strength": 2.668934, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.514991, "energy": 75.860853, "activity_lines": [ 40.8523, 39.869695, 39.066004, 38.524947 ] }, { "date": "2026-05-29", "close": 42.0416, "volume": 8031, "typical_volume": 9482.95, "trend": 37.916151, "fair_value": 30.720905, "relative_strength": 2.729273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.717934, "energy": 78.897289, "activity_lines": [ 41.412367, 40.456029, 39.383211, 38.804346 ] }, { "date": "2026-06-05", "close": 40.8879, "volume": 9536, "typical_volume": 9534.9, "trend": 38.092661, "fair_value": 30.792504, "relative_strength": 2.439744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.345464, "energy": 70.144152, "activity_lines": [ 41.34954, 40.713347, 39.569891, 38.996072 ] }, { "date": "2026-06-12", "close": 41.62, "volume": 4336, "typical_volume": 9251.9, "trend": 38.283845, "fair_value": 30.868221, "relative_strength": 3.618643, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.48359, "energy": 62.090257, "activity_lines": [ 41.436073, 41.000998, 39.813758, 39.223642 ] }, { "date": "2026-06-19", "close": 43.2132, "volume": 5523, "typical_volume": 9291.5, "trend": 38.566986, "fair_value": 30.95395, "relative_strength": 6.437632, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.833648, "energy": 72.675649, "activity_lines": [ 42.04688, 41.496933, 40.189438, 39.541665 ] }, { "date": "2026-06-26", "close": 42.0946, "volume": 11240, "typical_volume": 9625.85, "trend": 38.788776, "fair_value": 31.030782, "relative_strength": 6.085155, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.77977, "energy": 52.177735, "activity_lines": [ 42.133547, 41.71044, 40.431639, 39.769253 ] }, { "date": "2026-07-03", "close": 42.0807, "volume": 3384, "typical_volume": 8348.8, "trend": 39.000348, "fair_value": 31.106466, "relative_strength": 3.659571, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.392084, "energy": 57.463638, "activity_lines": [ 42.16996, 41.876671, 40.656946, 39.981635 ] }, { "date": "2026-07-10", "close": 42.7891, "volume": 4009, "typical_volume": 8101.05, "trend": 39.22814, "fair_value": 31.18594, "relative_strength": 3.782389, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.209896, "energy": 67.428571, "activity_lines": [ 42.4399, 42.105993, 40.944772, 40.226071 ] }, { "date": "2026-07-17", "close": 40.762, "volume": 5673, "typical_volume": 7523.45, "trend": 39.389337, "fair_value": 31.250643, "relative_strength": 0.26785, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.840182, "energy": 38.820671, "activity_lines": [ 41.907393, 41.906364, 41.027742, 40.32503 ] }, { "date": "2026-07-24", "close": 40.8845, "volume": 5028, "typical_volume": 6840.3, "trend": 39.553107, "fair_value": 31.3153, "relative_strength": 1.042489, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.480696, "energy": 26.1794, "activity_lines": [ 41.47292, 41.742755, 41.12305, 40.421492 ] }, { "date": "2026-07-31", "close": 41.4678, "volume": 5899, "typical_volume": 6964.9, "trend": 39.735333, "fair_value": 31.382983, "relative_strength": 1.249831, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.996181, "energy": 20.532125, "activity_lines": [ 41.388127, 41.686284, 41.257109, 40.54502 ] }, { "date": "2026-08-07", "close": 43.4037, "volume": 13097, "typical_volume": 7239.55, "trend": 39.925287, "fair_value": 31.46259, "relative_strength": 2.272304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.935026, "energy": 34.718119, "activity_lines": [ 41.99042, 41.980749, 41.552656, 40.781689 ] } ], "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." } } }