{ "ticker": { "uuid": "779c6cc9-f257-43da-90b5-f9cd15766371", "symbol": "HUM", "name": "Hamilton U.S. Mid-Cap Financials ETF", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2a", "phase_label": "Stage 2A \u00b7 Early advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 79.891, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Early expansion", "architecture_gate": "up", "architecture_direction": 85.345, "architecture_energy": 84.774, "architecture_maturity": 11.85, "architecture_confidence": 60.957, "architecture_tenure": "New", "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": 12.54, "rotation_up": 83.73, "upward_expansion": 93.29, "deceleration": 45.75, "rotation_down": 9.02, "downward_expansion": 17.62 }, "activity_lines": [ 38.498667, 37.83635, 36.706508, 36.098706 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 39.23, "trend_reference": 35.724436, "distance_from_trend": 0.098128, "trend_direction": "Improving", "fair_value": 33.141696, "distance_from_fair_value": 0.183705, "fair_value_direction": "Improving", "relative_strength": -2.599684, "relative_strength_direction": "Improving", "price_momentum": 0.051415, "excess_performance": -0.069007, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.098128, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.012066, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.183705, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.096265, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.025997, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.100581, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.051415, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.352941, "read": "Demand-led" } ], "volume": { "latest": 400, "relative_activity": 0.555556, "balance": 1.352941, "dry_up": 0.208333, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.023307, "annualized_volatility": 0.180103, "from_high_reference": -0.007087, "from_low_reference": 0.212299 }, "levels": { "trend_reference": 35.724436, "fair_value_reference": 33.141696, "structural_low": 32.360001, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 23, "median_return": -0.01319, "positive_rate": 0.478261, "directional_follow_through": 0.478261, "median_excess_return": -0.008779, "regime_survival": 0.695652, "best_return": 0.091569, "worst_return": -0.158849, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.024558, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.069669, "regime_survival": 0.5, "best_return": 0.179403, "worst_return": -0.235839, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.115799, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.139881, "regime_survival": 0.333333, "best_return": 0.352042, "worst_return": -0.21735, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.113179, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.041208, "regime_survival": 0.666667, "best_return": 0.238743, "worst_return": -0.134324, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.064622, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-15", "tenure": "Developing", "return": -0.000832, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-08-22", "end": "2025-08-29", "tenure": "New", "return": 0.021517, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-10", "tenure": "Developing", "return": -0.066337, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-17", "end": "2025-10-31", "tenure": "New", "return": -0.002627, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": 0.040278, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-12-12", "end": "2025-12-26", "tenure": "New", "return": 0.002421, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-02", "end": "2026-02-13", "tenure": "Developing", "return": -0.003848, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-02-20", "end": "2026-03-06", "tenure": "New", "return": -0.057103, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.006715, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-03-27", "end": "2026-05-15", "tenure": "Developing", "return": 0.056749, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-05-22", "end": "2026-06-26", "tenure": "Developing", "return": 0.034188, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-24", "tenure": "New", "return": -0.000534, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.020817, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.830519, "volume": 1026, "typical_volume": 8648.8, "trend": 24.091406, "fair_value": 24.139994, "relative_strength": 1.169692, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 40.22004, "energy": 74.960763, "activity_lines": [ 25.490876, 24.934183, 24.013512, 23.801403 ] }, { "date": "2023-08-25", "close": 24.768545, "volume": 5972, "typical_volume": 8662.8, "trend": 24.027189, "fair_value": 24.193863, "relative_strength": 0.884171, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 36.680407, "energy": 57.358082, "activity_lines": [ 25.227834, 25.001824, 24.144861, 23.845089 ] }, { "date": "2023-09-01", "close": 25.594852, "volume": 8677, "typical_volume": 8952.0, "trend": 23.95708, "fair_value": 24.252783, "relative_strength": 0.704057, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.592314, "energy": 46.116712, "activity_lines": [ 25.280167, 25.198225, 24.344041, 23.946229 ] }, { "date": "2023-09-08", "close": 24.73756, "volume": 933, "typical_volume": 8172.95, "trend": 23.866241, "fair_value": 24.309399, "relative_strength": -0.315949, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 46.352292, "energy": 35.387532, "activity_lines": [ 25.061196, 25.179821, 24.447461, 23.996582 ] }, { "date": "2023-09-15", "close": 25.057755, "volume": 4385, "typical_volume": 8135.65, "trend": 23.779593, "fair_value": 24.392437, "relative_strength": -1.582484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.885594, "energy": 35.045525, "activity_lines": [ 25.026079, 25.191653, 24.574479, 24.073454 ] }, { "date": "2023-09-22", "close": 24.272764, "volume": 15768, "typical_volume": 8532.25, "trend": 23.68725, "fair_value": 24.451905, "relative_strength": -0.455371, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.441136, "energy": 28.700067, "activity_lines": [ 24.784385, 25.023387, 24.615425, 24.105272 ] }, { "date": "2023-09-29", "close": 24.201715, "volume": 4012, "typical_volume": 8354.95, "trend": 23.58981, "fair_value": 24.503236, "relative_strength": 0.588201, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.606762, "energy": 27.003386, "activity_lines": [ 24.556191, 24.837884, 24.635765, 24.138463 ] }, { "date": "2023-10-06", "close": 24.201715, "volume": 9797, "typical_volume": 8704.85, "trend": 23.589951, "fair_value": 24.549574, "relative_strength": 2.326772, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 27.063115, "energy": 23.803158, "activity_lines": [ 24.365786, 24.673579, 24.640791, 24.177941 ] }, { "date": "2023-10-13", "close": 24.07723, "volume": 5692, "typical_volume": 8779.55, "trend": 23.658616, "fair_value": 24.595421, "relative_strength": 0.865628, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.204558, "energy": 20.347096, "activity_lines": [ 24.226763, 24.515914, 24.623496, 24.209378 ] }, { "date": "2023-10-20", "close": 23.776396, "volume": 93, "typical_volume": 8523.0, "trend": 23.709748, "fair_value": 24.666094, "relative_strength": 1.497206, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.999402, "energy": 24.685183, "activity_lines": [ 24.031483, 24.336591, 24.568068, 24.216977 ] }, { "date": "2023-10-27", "close": 23.423693, "volume": 1400, "typical_volume": 7538.7, "trend": 23.729999, "fair_value": 24.710095, "relative_strength": 2.107157, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -16.358482, "energy": 33.173619, "activity_lines": [ 23.804059, 24.131462, 24.474918, 24.198521 ] }, { "date": "2023-11-03", "close": 24.409187, "volume": 93, "typical_volume": 7515.35, "trend": 23.794068, "fair_value": 24.758194, "relative_strength": 0.721369, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 1.504485, "energy": 20.288931, "activity_lines": [ 23.961738, 24.131092, 24.475424, 24.24234 ] }, { "date": "2023-11-10", "close": 24.295078, "volume": 33867, "typical_volume": 9171.4, "trend": 23.849534, "fair_value": 24.795021, "relative_strength": 1.274454, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.292686, "energy": 13.127357, "activity_lines": [ 24.067549, 24.116508, 24.461149, 24.274663 ] }, { "date": "2023-11-17", "close": 25.602154, "volume": 1213, "typical_volume": 9036.1, "trend": 23.926634, "fair_value": 24.839856, "relative_strength": 4.027783, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.094306, "energy": 28.659572, "activity_lines": [ 24.602828, 24.363207, 24.562112, 24.387735 ] }, { "date": "2023-11-24", "close": 25.809629, "volume": 1867, "typical_volume": 9129.45, "trend": 24.030872, "fair_value": 24.909631, "relative_strength": 5.29191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.262056, "energy": 47.863846, "activity_lines": [ 25.105604, 24.631909, 24.671388, 24.509219 ] }, { "date": "2023-12-01", "close": 26.349062, "volume": 8490, "typical_volume": 9423.3, "trend": 24.196962, "fair_value": 24.95611, "relative_strength": 5.684457, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 80.302479, "energy": 80.715327, "activity_lines": [ 25.652642, 24.985019, 24.818671, 24.65878 ] }, { "date": "2023-12-08", "close": 27.002596, "volume": 1306, "typical_volume": 5430.1, "trend": 24.397517, "fair_value": 25.006224, "relative_strength": 8.885416, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.665809, "energy": 92.421324, "activity_lines": [ 26.2225, 25.419203, 25.017177, 24.839788 ] }, { "date": "2023-12-15", "close": 28.413412, "volume": 3545, "typical_volume": 5490.75, "trend": 24.611169, "fair_value": 25.063902, "relative_strength": 13.265584, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.273334, "energy": 97.355282, "activity_lines": [ 27.089736, 26.058974, 25.342261, 25.098878 ] }, { "date": "2023-12-22", "close": 28.371922, "volume": 2145, "typical_volume": 5579.35, "trend": 24.820695, "fair_value": 25.119095, "relative_strength": 11.066329, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.765037, "energy": 95.753191, "activity_lines": [ 27.668587, 26.614624, 25.651004, 25.341507 ] }, { "date": "2023-12-29", "close": 28.88159, "volume": 1026, "typical_volume": 5565.35, "trend": 25.019792, "fair_value": 25.176811, "relative_strength": 12.48838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.600147, "energy": 95.433968, "activity_lines": [ 28.232675, 27.184856, 25.99649, 25.603501 ] }, { "date": "2024-01-05", "close": 28.246485, "volume": 560, "typical_volume": 5542.05, "trend": 25.181952, "fair_value": 25.223962, "relative_strength": 10.00582, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.514612, "energy": 88.658908, "activity_lines": [ 28.380265, 27.546793, 26.267215, 25.811674 ] }, { "date": "2024-01-12", "close": 28.340193, "volume": 746, "typical_volume": 5280.75, "trend": 25.340381, "fair_value": 25.267445, "relative_strength": 9.987005, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.956947, "energy": 86.117344, "activity_lines": [ 28.432595, 27.838081, 26.530599, 26.015432 ] }, { "date": "2024-01-19", "close": 28.288137, "volume": 2147, "typical_volume": 4954.25, "trend": 25.538203, "fair_value": 25.312573, "relative_strength": 10.046065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.289436, "energy": 67.821574, "activity_lines": [ 28.378401, 28.048431, 26.772016, 26.20561 ] }, { "date": "2024-01-26", "close": 29.454224, "volume": 1026, "typical_volume": 4958.9, "trend": 25.746725, "fair_value": 25.369816, "relative_strength": 13.208705, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.960651, "energy": 72.467757, "activity_lines": [ 28.721254, 28.398195, 27.111665, 26.458256 ] }, { "date": "2024-02-02", "close": 28.610891, "volume": 9237, "typical_volume": 5201.5, "trend": 25.933678, "fair_value": 25.413611, "relative_strength": 10.138099, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.934921, "energy": 63.628963, "activity_lines": [ 28.710842, 28.524589, 27.348536, 26.643041 ] }, { "date": "2024-02-09", "close": 28.558836, "volume": 9795, "typical_volume": 4902.85, "trend": 26.084466, "fair_value": 25.454352, "relative_strength": 10.286366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.047891, "energy": 61.959633, "activity_lines": [ 28.701126, 28.590587, 27.563529, 26.812406 ] }, { "date": "2024-02-16", "close": 29.527105, "volume": 5131, "typical_volume": 4958.8, "trend": 26.223115, "fair_value": 25.497773, "relative_strength": 12.633814, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.43384, "energy": 69.915962, "activity_lines": [ 28.993342, 28.792455, 27.850329, 27.034512 ] }, { "date": "2024-02-23", "close": 29.422989, "volume": 1772, "typical_volume": 4557.55, "trend": 26.343489, "fair_value": 25.538795, "relative_strength": 11.347117, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.016613, "energy": 65.811623, "activity_lines": [ 29.171725, 28.929493, 28.101854, 27.240956 ] }, { "date": "2024-03-01", "close": 29.40217, "volume": 746, "typical_volume": 4310.25, "trend": 26.460415, "fair_value": 25.5769, "relative_strength": 10.469977, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.092748, "energy": 65.853355, "activity_lines": [ 29.267512, 29.04439, 28.326533, 27.43829 ] }, { "date": "2024-03-08", "close": 30.068506, "volume": 10543, "typical_volume": 4832.75, "trend": 26.599897, "fair_value": 25.612596, "relative_strength": 11.733829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.154987, "energy": 79.316893, "activity_lines": [ 29.588882, 29.261707, 28.589316, 27.67107 ] }, { "date": "2024-03-15", "close": 29.641632, "volume": 4105, "typical_volume": 4968.0, "trend": 26.760267, "fair_value": 25.647473, "relative_strength": 9.20953, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.104277, "energy": 75.584114, "activity_lines": [ 29.670785, 29.37983, 28.781482, 27.867311 ] }, { "date": "2024-03-22", "close": 30.922253, "volume": 2426, "typical_volume": 5084.65, "trend": 26.965391, "fair_value": 25.692786, "relative_strength": 12.764279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.273143, "energy": 84.544853, "activity_lines": [ 30.107376, 29.705428, 29.066002, 28.135826 ] }, { "date": "2024-03-29", "close": 31.13237, "volume": 373, "typical_volume": 3409.95, "trend": 27.149975, "fair_value": 25.739691, "relative_strength": 12.128216, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.671712, "energy": 89.018386, "activity_lines": [ 30.520996, 30.022281, 29.339519, 28.404663 ] }, { "date": "2024-04-05", "close": 30.348833, "volume": 3079, "typical_volume": 3503.25, "trend": 27.337017, "fair_value": 25.778783, "relative_strength": 8.412365, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.236154, "energy": 69.416268, "activity_lines": [ 30.559478, 30.144961, 29.505854, 28.611041 ] }, { "date": "2024-04-12", "close": 29.377254, "volume": 2239, "typical_volume": 3521.85, "trend": 27.481001, "fair_value": 25.809041, "relative_strength": 6.294797, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.913894, "energy": 59.57529, "activity_lines": [ 30.21099, 30.074723, 29.557056, 28.742669 ] }, { "date": "2024-04-19", "close": 29.084734, "volume": 1119, "typical_volume": 3153.3, "trend": 27.6414, "fair_value": 25.834322, "relative_strength": 5.348908, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.079462, "energy": 39.221684, "activity_lines": [ 29.811079, 29.937367, 29.563409, 28.846136 ] }, { "date": "2024-04-26", "close": 29.742903, "volume": 2613, "typical_volume": 3218.65, "trend": 27.826106, "fair_value": 25.86376, "relative_strength": 6.527304, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.570879, "energy": 25.126002, "activity_lines": [ 29.667683, 29.910116, 29.619418, 28.981717 ] }, { "date": "2024-05-03", "close": 29.962294, "volume": 560, "typical_volume": 3069.4, "trend": 28.018125, "fair_value": 25.8902, "relative_strength": 6.893888, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.816774, "energy": 28.061789, "activity_lines": [ 29.676042, 29.91883, 29.683273, 29.119536 ] }, { "date": "2024-05-10", "close": 30.77717, "volume": 2053, "typical_volume": 3064.8, "trend": 28.241457, "fair_value": 25.922918, "relative_strength": 7.452504, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.691176, "energy": 37.893834, "activity_lines": [ 30.03403, 30.065898, 29.817359, 29.297538 ] }, { "date": "2024-05-17", "close": 31.007002, "volume": 187, "typical_volume": 3022.85, "trend": 28.482477, "fair_value": 25.958289, "relative_strength": 7.02149, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 77.924066, "energy": 58.409834, "activity_lines": [ 30.440074, 30.229754, 29.96188, 29.475961 ] }, { "date": "2024-05-24", "close": 30.495096, "volume": 2146, "typical_volume": 3102.15, "trend": 28.71819, "fair_value": 25.989757, "relative_strength": 5.530836, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.442807, "energy": 59.808747, "activity_lines": [ 30.566833, 30.283473, 30.047527, 29.605807 ] }, { "date": "2024-05-31", "close": 30.098106, "volume": 1680, "typical_volume": 3148.85, "trend": 28.907821, "fair_value": 26.018433, "relative_strength": 4.078444, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.810614, "energy": 46.864672, "activity_lines": [ 30.467237, 30.249494, 30.084658, 29.694834 ] }, { "date": "2024-06-07", "close": 29.648878, "volume": 280, "typical_volume": 3055.5, "trend": 29.086281, "fair_value": 26.045841, "relative_strength": 3.482771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.162938, "energy": 30.93211, "activity_lines": [ 30.194218, 30.148821, 30.070635, 29.742644 ] }, { "date": "2024-06-14", "close": 28.959373, "volume": 2613, "typical_volume": 3134.85, "trend": 29.198188, "fair_value": 26.077949, "relative_strength": 2.556121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": -6.145318, "energy": 12.444799, "activity_lines": [ 29.712259, 29.949757, 29.984465, 29.734456 ] }, { "date": "2024-06-21", "close": 29.711561, "volume": 1026, "typical_volume": 2724.3, "trend": 29.328253, "fair_value": 26.106566, "relative_strength": 5.278342, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 8.068513, "energy": 19.452521, "activity_lines": [ 29.602216, 29.912717, 29.972287, 29.767577 ] }, { "date": "2024-06-28", "close": 30.078316, "volume": 1492, "typical_volume": 2309.15, "trend": 29.452561, "fair_value": 26.139755, "relative_strength": 4.670148, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.482128, "energy": 18.511782, "activity_lines": [ 29.700787, 29.936281, 29.989798, 29.815968 ] }, { "date": "2024-07-05", "close": 29.973476, "volume": 280, "typical_volume": 2066.6, "trend": 29.55159, "fair_value": 26.173089, "relative_strength": 3.138786, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.983237, "energy": 13.09422, "activity_lines": [ 29.792197, 29.922719, 29.990089, 29.849576 ] }, { "date": "2024-07-12", "close": 31.430737, "volume": 1213, "typical_volume": 2038.65, "trend": 29.652168, "fair_value": 26.220168, "relative_strength": 4.915721, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 72.373775, "energy": 51.29317, "activity_lines": [ 30.377669, 30.16992, 30.12704, 29.970811 ] }, { "date": "2024-07-19", "close": 32.846066, "volume": 23418, "typical_volume": 3172.25, "trend": 29.801306, "fair_value": 26.274935, "relative_strength": 9.21984, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.324221, "energy": 83.127789, "activity_lines": [ 31.316127, 30.647756, 30.389224, 30.176869 ] }, { "date": "2024-07-26", "close": 34.009785, "volume": 5131, "typical_volume": 2901.65, "trend": 29.972246, "fair_value": 26.335024, "relative_strength": 12.094221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 93.991711, "energy": 96.991327, "activity_lines": [ 32.383378, 31.29956, 30.745839, 30.448384 ] }, { "date": "2024-08-02", "close": 33.391232, "volume": 1212, "typical_volume": 2757.0, "trend": 30.143737, "fair_value": 26.385739, "relative_strength": 12.600422, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.345971, "energy": 92.311841, "activity_lines": [ 32.957897, 31.784304, 31.024776, 30.668964 ] }, { "date": "2024-08-09", "close": 32.363808, "volume": 280, "typical_volume": 2649.7, "trend": 30.277858, "fair_value": 26.428359, "relative_strength": 8.441559, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.47955, "energy": 87.409649, "activity_lines": [ 32.969079, 32.029587, 31.188008, 30.812194 ] }, { "date": "2024-08-16", "close": 33.496071, "volume": 5971, "typical_volume": 2929.6, "trend": 30.451456, "fair_value": 26.482324, "relative_strength": 8.305464, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.309055, "energy": 86.549125, "activity_lines": [ 33.198328, 32.439541, 31.45221, 31.019821 ] }, { "date": "2024-08-23", "close": 33.558971, "volume": 1679, "typical_volume": 2859.6, "trend": 30.588281, "fair_value": 26.530593, "relative_strength": 7.134482, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.466706, "energy": 65.319864, "activity_lines": [ 33.310854, 32.790983, 31.711147, 31.220305 ] }, { "date": "2024-08-30", "close": 34.460587, "volume": 280, "typical_volume": 2761.65, "trend": 30.78327, "fair_value": 26.586527, "relative_strength": 9.369538, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.049648, "energy": 69.227292, "activity_lines": [ 33.676392, 33.222725, 32.040666, 31.470132 ] }, { "date": "2024-09-06", "close": 33.988804, "volume": 187, "typical_volume": 2715.05, "trend": 30.964269, "fair_value": 26.64057, "relative_strength": 10.139058, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.018398, "energy": 65.632047, "activity_lines": [ 33.854615, 33.482343, 32.301046, 31.67694 ] }, { "date": "2024-09-13", "close": 33.925907, "volume": 28737, "typical_volume": 4021.25, "trend": 31.110896, "fair_value": 26.692825, "relative_strength": 5.925522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.843411, "energy": 61.869165, "activity_lines": [ 33.972035, 33.659426, 32.532084, 31.868014 ] }, { "date": "2024-09-20", "close": 35.131557, "volume": 652, "typical_volume": 4025.85, "trend": 31.301182, "fair_value": 26.752055, "relative_strength": 7.943143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.155471, "energy": 72.14327, "activity_lines": [ 34.387198, 33.983855, 32.858026, 32.127411 ] }, { "date": "2024-09-27", "close": 34.712902, "volume": 373, "typical_volume": 3941.85, "trend": 31.478206, "fair_value": 26.802477, "relative_strength": 5.944304, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.202433, "energy": 62.174268, "activity_lines": [ 34.553777, 34.164877, 33.119481, 32.347522 ] }, { "date": "2024-10-04", "close": 34.681355, "volume": 466, "typical_volume": 3955.8, "trend": 31.631968, "fair_value": 26.850487, "relative_strength": 4.683854, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.556692, "energy": 60.628029, "activity_lines": [ 34.632911, 34.306221, 33.35919, 32.554177 ] }, { "date": "2024-10-11", "close": 36.04842, "volume": 560, "typical_volume": 3876.5, "trend": 31.845527, "fair_value": 26.906061, "relative_strength": 7.084508, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.927029, "energy": 78.676485, "activity_lines": [ 35.153016, 34.683912, 33.711599, 32.839109 ] }, { "date": "2024-10-18", "close": 37.152584, "volume": 653, "typical_volume": 3825.15, "trend": 32.053205, "fair_value": 26.964988, "relative_strength": 8.419253, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.563778, "energy": 91.503285, "activity_lines": [ 35.903868, 35.214048, 34.142721, 33.1815 ] }, { "date": "2024-10-25", "close": 36.574215, "volume": 374, "typical_volume": 3829.85, "trend": 32.2346, "fair_value": 27.021849, "relative_strength": 7.928586, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.460402, "energy": 89.934359, "activity_lines": [ 36.246819, 35.551957, 34.485169, 33.473178 ] }, { "date": "2024-11-01", "close": 36.237701, "volume": 0, "typical_volume": 3699.2, "trend": 32.430895, "fair_value": 27.069672, "relative_strength": 7.46274, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.039221, "energy": 87.040847, "activity_lines": [ 36.381421, 35.772715, 34.762589, 33.731443 ] }, { "date": "2024-11-08", "close": 38.961319, "volume": 13622, "typical_volume": 4329.0, "trend": 32.750364, "fair_value": 27.133123, "relative_strength": 12.66083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 93.538084, "energy": 95.068718, "activity_lines": [ 37.322242, 36.439973, 35.264743, 34.15276 ] }, { "date": "2024-11-15", "close": 39.203186, "volume": 3452, "typical_volume": 4427.0, "trend": 33.087646, "fair_value": 27.19926, "relative_strength": 12.289065, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.696092, "energy": 93.184524, "activity_lines": [ 38.058355, 37.069374, 35.745885, 34.569071 ] }, { "date": "2024-11-22", "close": 40.538704, "volume": 4759, "typical_volume": 4650.95, "trend": 33.447506, "fair_value": 27.275222, "relative_strength": 13.108264, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.208859, "energy": 93.732072, "activity_lines": [ 39.029323, 37.846791, 36.310768, 35.049785 ] }, { "date": "2024-11-29", "close": 41.001392, "volume": 4758, "typical_volume": 4828.2, "trend": 33.815476, "fair_value": 27.360083, "relative_strength": 13.011832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.479764, "energy": 94.325562, "activity_lines": [ 39.928778, 38.588099, 36.869406, 35.537132 ] }, { "date": "2024-12-06", "close": 40.086514, "volume": 5691, "typical_volume": 3941.85, "trend": 34.125788, "fair_value": 27.438386, "relative_strength": 9.954741, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.071771, "energy": 84.587956, "activity_lines": [ 40.228129, 39.056342, 37.295338, 35.941715 ] }, { "date": "2024-12-13", "close": 39.287308, "volume": 6158, "typical_volume": 3993.2, "trend": 34.401798, "fair_value": 27.515164, "relative_strength": 9.290309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.786971, "energy": 67.405126, "activity_lines": [ 40.004491, 39.281573, 37.610677, 36.274717 ] }, { "date": "2024-12-20", "close": 37.341869, "volume": 7091, "typical_volume": 4287.15, "trend": 34.630023, "fair_value": 27.574484, "relative_strength": 6.498653, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.537482, "energy": 58.917253, "activity_lines": [ 39.11064, 39.069343, 37.715605, 36.464399 ] }, { "date": "2024-12-27", "close": 37.951794, "volume": 1212, "typical_volume": 4333.75, "trend": 34.891813, "fair_value": 27.637533, "relative_strength": 7.1582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.944882, "energy": 36.39541, "activity_lines": [ 38.544186, 38.944491, 37.859808, 36.678707 ] }, { "date": "2025-01-03", "close": 34.990128, "volume": 3260, "typical_volume": 4198.2, "trend": 35.069855, "fair_value": 27.673932, "relative_strength": -2.357039, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 6.123057, "energy": 22.648446, "activity_lines": [ 37.16297, 38.266623, 37.695338, 36.685049 ] }, { "date": "2025-01-10", "close": 33.937565, "volume": 3200, "typical_volume": 4274.25, "trend": 35.235794, "fair_value": 27.703774, "relative_strength": -4.150885, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.683714, "energy": 32.843231, "activity_lines": [ 35.831651, 37.426182, 37.42351, 36.611999 ] }, { "date": "2025-01-17", "close": 36.062355, "volume": 2300, "typical_volume": 4375.25, "trend": 35.447488, "fair_value": 27.76187, "relative_strength": 0.514785, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -0.865977, "energy": 28.903123, "activity_lines": [ 35.618525, 37.013887, 37.35224, 36.665325 ] }, { "date": "2025-01-24", "close": 36.480427, "volume": 3200, "typical_volume": 4525.9, "trend": 35.660891, "fair_value": 27.825624, "relative_strength": 0.029484, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.16555, "energy": 27.33848, "activity_lines": [ 35.759753, 36.730314, 37.313159, 36.731966 ] }, { "date": "2025-01-31", "close": 36.977196, "volume": 5900, "typical_volume": 3384.05, "trend": 35.894349, "fair_value": 27.881222, "relative_strength": 1.011274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.487866, "energy": 19.362075, "activity_lines": [ 36.124001, 36.586566, 37.309524, 36.816889 ] }, { "date": "2025-02-07", "close": 36.849316, "volume": 11000, "typical_volume": 3901.45, "trend": 36.074968, "fair_value": 27.937394, "relative_strength": 0.898366, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.392042, "energy": 11.578345, "activity_lines": [ 36.510595, 36.484323, 37.279181, 36.8785 ] }, { "date": "2025-02-14", "close": 36.259102, "volume": 4000, "typical_volume": 4082.8, "trend": 36.188736, "fair_value": 27.99105, "relative_strength": -0.919481, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.347756, "energy": 12.69498, "activity_lines": [ 36.576505, 36.35026, 37.184446, 36.89038 ] }, { "date": "2025-02-21", "close": 35.413116, "volume": 13200, "typical_volume": 4719.5, "trend": 36.235514, "fair_value": 28.039346, "relative_strength": -1.982331, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -13.877138, "energy": 11.87977, "activity_lines": [ 36.20565, 36.131971, 37.001779, 36.84034 ] }, { "date": "2025-02-28", "close": 35.826267, "volume": 3100, "typical_volume": 4846.5, "trend": 36.316681, "fair_value": 28.099033, "relative_strength": -1.862623, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.779142, "energy": 17.618074, "activity_lines": [ 36.015796, 36.05924, 36.854975, 36.813937 ] }, { "date": "2025-03-07", "close": 33.445717, "volume": 14800, "typical_volume": 5553.85, "trend": 36.352745, "fair_value": 28.144347, "relative_strength": -5.994214, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -53.308625, "energy": 57.917343, "activity_lines": [ 35.076035, 35.581239, 36.48251, 36.628713 ] }, { "date": "2025-03-14", "close": 33.111259, "volume": 7400, "typical_volume": 5905.15, "trend": 36.339918, "fair_value": 28.183083, "relative_strength": -6.145556, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -52.719126, "energy": 68.388115, "activity_lines": [ 34.26022, 35.124355, 36.095843, 36.419585 ] }, { "date": "2025-03-21", "close": 34.232677, "volume": 800, "typical_volume": 5945.15, "trend": 36.362375, "fair_value": 28.230147, "relative_strength": -4.534638, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -64.317971, "energy": 74.380839, "activity_lines": [ 34.067415, 34.905527, 35.832468, 36.283634 ] }, { "date": "2025-03-28", "close": 34.695011, "volume": 2200, "typical_volume": 5374.05, "trend": 36.370189, "fair_value": 28.282601, "relative_strength": -2.423292, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.129555, "energy": 73.916847, "activity_lines": [ 34.163816, 34.765394, 35.622673, 36.176062 ] }, { "date": "2025-04-04", "close": 30.097952, "volume": 4800, "typical_volume": 5441.45, "trend": 36.240494, "fair_value": 28.311245, "relative_strength": -9.558655, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -91.766627, "energy": 90.697674, "activity_lines": [ 32.775738, 33.814292, 34.995378, 35.771402 ] }, { "date": "2025-04-11", "close": 30.749039, "volume": 16000, "typical_volume": 6003.5, "trend": 36.134598, "fair_value": 28.343299, "relative_strength": -9.100667, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -81.580716, "energy": 87.224451, "activity_lines": [ 31.986577, 33.097616, 34.47345, 35.417114 ] }, { "date": "2025-04-18", "close": 32.14986, "volume": 3400, "typical_volume": 5935.6, "trend": 36.035208, "fair_value": 28.384715, "relative_strength": -7.330347, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.052872, "energy": 80.700484, "activity_lines": [ 31.844134, 32.748873, 34.131551, 35.160034 ] }, { "date": "2025-04-25", "close": 32.712162, "volume": 200, "typical_volume": 5661.05, "trend": 35.968517, "fair_value": 28.435521, "relative_strength": -7.647801, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.50837, "energy": 75.585994, "activity_lines": [ 31.953219, 32.587811, 33.885355, 34.945644 ] }, { "date": "2025-05-02", "close": 32.820671, "volume": 0, "typical_volume": 5353.15, "trend": 35.906494, "fair_value": 28.485942, "relative_strength": -8.463371, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.42795, "energy": 51.73897, "activity_lines": [ 32.199841, 32.510969, 33.684609, 34.742557 ] }, { "date": "2025-05-09", "close": 33.984745, "volume": 2100, "typical_volume": 5103.6, "trend": 35.837705, "fair_value": 28.549293, "relative_strength": -6.38657, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.987815, "energy": 30.641657, "activity_lines": [ 32.959444, 32.692911, 33.62552, 34.618574 ] }, { "date": "2025-05-16", "close": 35.020557, "volume": 2400, "typical_volume": 5163.0, "trend": 35.766637, "fair_value": 28.621509, "relative_strength": -5.774398, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -24.294401, "energy": 22.680816, "activity_lines": [ 33.805197, 33.096665, 33.681067, 34.565854 ] }, { "date": "2025-05-23", "close": 33.708519, "volume": 8800, "typical_volume": 5440.0, "trend": 35.671114, "fair_value": 28.677239, "relative_strength": -8.904476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.493472, "energy": 24.370654, "activity_lines": [ 33.928837, 33.233234, 33.625616, 34.433073 ] }, { "date": "2025-05-30", "close": 34.162308, "volume": 500, "typical_volume": 5305.0, "trend": 35.601934, "fair_value": 28.736006, "relative_strength": -8.661953, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.953391, "energy": 23.460383, "activity_lines": [ 34.09983, 33.44145, 33.619485, 34.33573 ] }, { "date": "2025-06-06", "close": 33.945282, "volume": 200, "typical_volume": 5200.0, "trend": 35.434733, "fair_value": 28.801011, "relative_strength": -10.03834, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.364526, "energy": 16.854724, "activity_lines": [ 34.101804, 33.611486, 33.591616, 34.228849 ] }, { "date": "2025-06-13", "close": 34.300423, "volume": 100, "typical_volume": 5045.0, "trend": 35.271308, "fair_value": 28.878911, "relative_strength": -9.301472, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.57545, "energy": 10.246193, "activity_lines": [ 34.147184, 33.859725, 33.60765, 34.155668 ] }, { "date": "2025-06-20", "close": 34.083389, "volume": 800, "typical_volume": 4790.0, "trend": 35.056131, "fair_value": 28.950969, "relative_strength": -9.740154, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.376146, "energy": 9.998632, "activity_lines": [ 34.099175, 33.992094, 33.613396, 34.079028 ] }, { "date": "2025-06-27", "close": 35.069881, "volume": 3300, "typical_volume": 4405.0, "trend": 34.858414, "fair_value": 29.027896, "relative_strength": -7.729077, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.419855, "energy": 10.320229, "activity_lines": [ 34.442473, 34.243201, 33.726874, 34.079915 ] }, { "date": "2025-07-04", "close": 36.138905, "volume": 0, "typical_volume": 4205.0, "trend": 34.726827, "fair_value": 29.108419, "relative_strength": -6.147951, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.124985, "energy": 50.868728, "activity_lines": [ 35.051356, 34.635585, 33.950636, 34.162528 ] }, { "date": "2025-07-11", "close": 35.683578, "volume": 2600, "typical_volume": 3675.0, "trend": 34.606702, "fair_value": 29.191835, "relative_strength": -7.153298, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.222882, "energy": 59.70608, "activity_lines": [ 35.37669, 34.882878, 34.131607, 34.224253 ] }, { "date": "2025-07-18", "close": 36.168598, "volume": 2700, "typical_volume": 3655.0, "trend": 34.567593, "fair_value": 29.270633, "relative_strength": -6.737275, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 48.942479, "energy": 71.287008, "activity_lines": [ 35.747811, 35.166303, 34.357482, 34.325021 ] }, { "date": "2025-07-25", "close": 35.78257, "volume": 0, "typical_volume": 2915.0, "trend": 34.495286, "fair_value": 29.34287, "relative_strength": -8.102522, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.665348, "energy": 69.192561, "activity_lines": [ 35.865711, 35.339835, 34.544962, 34.403407 ] }, { "date": "2025-08-01", "close": 34.644257, "volume": 2600, "typical_volume": 2675.0, "trend": 34.483757, "fair_value": 29.405065, "relative_strength": -9.193763, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.972372, "energy": 44.901209, "activity_lines": [ 35.490895, 35.292547, 34.612904, 34.413018 ] }, { "date": "2025-08-08", "close": 34.604664, "volume": 0, "typical_volume": 2635.0, "trend": 34.505993, "fair_value": 29.459216, "relative_strength": -11.464044, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 17.50131, "energy": 21.021413, "activity_lines": [ 35.131255, 35.221046, 34.669775, 34.420818 ] }, { "date": "2025-08-15", "close": 35.653889, "volume": 7800, "typical_volume": 2915.0, "trend": 34.492378, "fair_value": 29.518433, "relative_strength": -9.041788, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 50.350567, "energy": 28.063764, "activity_lines": [ 35.223641, 35.33227, 34.824801, 34.494876 ] }, { "date": "2025-08-22", "close": 35.88155, "volume": 600, "typical_volume": 2705.0, "trend": 34.472415, "fair_value": 29.584856, "relative_strength": -9.626286, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.378066, "energy": 30.62252, "activity_lines": [ 35.393892, 35.453822, 34.996942, 34.5845 ] }, { "date": "2025-08-29", "close": 36.653622, "volume": 1800, "typical_volume": 1995.0, "trend": 34.46163, "fair_value": 29.661591, "relative_strength": -8.186533, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 76.853757, "energy": 56.113989, "activity_lines": [ 35.840637, 35.687003, 35.215074, 34.725223 ] }, { "date": "2025-09-05", "close": 36.950573, "volume": 1900, "typical_volume": 1920.0, "trend": 34.465005, "fair_value": 29.736463, "relative_strength": -8.715097, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.85517, "energy": 80.331212, "activity_lines": [ 36.328296, 35.927443, 35.433369, 34.8858 ] }, { "date": "2025-09-12", "close": 36.821892, "volume": 600, "typical_volume": 1940.0, "trend": 34.483764, "fair_value": 29.811404, "relative_strength": -9.530121, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.050513, "energy": 80.951595, "activity_lines": [ 36.619307, 36.110292, 35.616549, 35.037857 ] }, { "date": "2025-09-19", "close": 36.465553, "volume": 6100, "typical_volume": 2245.0, "trend": 34.518846, "fair_value": 29.888275, "relative_strength": -11.561928, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.611793, "energy": 78.801943, "activity_lines": [ 36.643723, 36.215935, 35.746221, 35.165714 ] }, { "date": "2025-09-26", "close": 36.425961, "volume": 1900, "typical_volume": 2235.0, "trend": 34.538835, "fair_value": 29.966111, "relative_strength": -11.359923, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.559055, "energy": 73.67217, "activity_lines": [ 36.600831, 36.300161, 35.854766, 35.288754 ] }, { "date": "2025-10-03", "close": 36.177692, "volume": 13400, "typical_volume": 2785.0, "trend": 34.629901, "fair_value": 30.033636, "relative_strength": -13.718392, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.873402, "energy": 47.56438, "activity_lines": [ 36.438888, 36.334568, 35.928041, 35.394487 ] }, { "date": "2025-10-10", "close": 34.499397, "volume": 1500, "typical_volume": 2420.0, "trend": 34.676173, "fair_value": 30.094634, "relative_strength": -15.635702, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 11.570363, "energy": 14.660652, "activity_lines": [ 35.749242, 36.056646, 35.835969, 35.386067 ] }, { "date": "2025-10-17", "close": 34.02272, "volume": 4100, "typical_volume": 2600.0, "trend": 34.669174, "fair_value": 30.156103, "relative_strength": -17.08634, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -15.395946, "energy": 26.365786, "activity_lines": [ 35.064116, 35.69469, 35.694733, 35.343909 ] }, { "date": "2025-10-24", "close": 34.757595, "volume": 1100, "typical_volume": 2645.0, "trend": 34.67126, "fair_value": 30.215294, "relative_strength": -15.561097, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.371808, "energy": 26.754296, "activity_lines": [ 34.810559, 35.476928, 35.62415, 35.349614 ] }, { "date": "2025-10-31", "close": 33.933342, "volume": 1700, "typical_volume": 2725.0, "trend": 34.799106, "fair_value": 30.267086, "relative_strength": -16.872513, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -37.767874, "energy": 45.47399, "activity_lines": [ 34.396116, 35.125599, 35.471198, 35.302006 ] }, { "date": "2025-11-07", "close": 34.270988, "volume": 1000, "typical_volume": 2735.0, "trend": 34.916505, "fair_value": 30.314888, "relative_strength": -14.545986, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.247119, "energy": 54.668676, "activity_lines": [ 34.260395, 34.871081, 35.352151, 35.267934 ] }, { "date": "2025-11-14", "close": 34.83704, "volume": 1600, "typical_volume": 2650.0, "trend": 35.006077, "fair_value": 30.370806, "relative_strength": -13.794158, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.715704, "energy": 44.038514, "activity_lines": [ 34.440473, 34.762803, 35.28612, 35.262807 ] }, { "date": "2025-11-21", "close": 34.04258, "volume": 3800, "typical_volume": 2840.0, "trend": 35.050425, "fair_value": 30.417977, "relative_strength": -14.725328, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -40.064689, "energy": 40.688783, "activity_lines": [ 34.33322, 34.548505, 35.145536, 35.200646 ] }, { "date": "2025-11-28", "close": 35.323647, "volume": 5300, "typical_volume": 2975.0, "trend": 35.133857, "fair_value": 30.472847, "relative_strength": -14.37354, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.412223, "energy": 15.012933, "activity_lines": [ 34.651666, 34.617661, 35.13694, 35.218273 ] }, { "date": "2025-12-05", "close": 35.65136, "volume": 900, "typical_volume": 2885.0, "trend": 35.189411, "fair_value": 30.53655, "relative_strength": -12.844418, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 6.093823, "energy": 10.261996, "activity_lines": [ 35.041613, 34.767164, 35.161269, 35.25166 ] }, { "date": "2025-12-12", "close": 36.912563, "volume": 1000, "typical_volume": 2935.0, "trend": 35.252478, "fair_value": 30.615004, "relative_strength": -9.87047, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 32.040382, "energy": 28.167448, "activity_lines": [ 35.737426, 35.16006, 35.308175, 35.362831 ] }, { "date": "2025-12-19", "close": 36.912563, "volume": 100, "typical_volume": 2810.0, "trend": 35.359279, "fair_value": 30.690831, "relative_strength": -10.045163, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.357063, "energy": 48.711427, "activity_lines": [ 36.257135, 35.539594, 35.449701, 35.469934 ] }, { "date": "2025-12-26", "close": 37.001938, "volume": 100, "typical_volume": 2815.0, "trend": 35.453934, "fair_value": 30.767792, "relative_strength": -10.013775, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 69.346171, "energy": 69.841587, "activity_lines": [ 36.668267, 35.891503, 35.588937, 35.575912 ] }, { "date": "2026-01-02", "close": 36.24559, "volume": 300, "typical_volume": 2440.0, "trend": 35.530611, "fair_value": 30.837478, "relative_strength": -11.187526, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.538709, "energy": 66.931848, "activity_lines": [ 36.629992, 36.051726, 35.644724, 35.626986 ] }, { "date": "2026-01-09", "close": 37.481007, "volume": 1600, "typical_volume": 2490.0, "trend": 35.63663, "fair_value": 30.909637, "relative_strength": -9.91564, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.124335, "energy": 74.638296, "activity_lines": [ 36.94206, 36.409516, 35.815353, 35.752818 ] }, { "date": "2026-01-16", "close": 37.251858, "volume": 4200, "typical_volume": 2610.0, "trend": 35.742246, "fair_value": 30.984199, "relative_strength": -11.208955, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.271102, "energy": 71.199693, "activity_lines": [ 37.055768, 36.66114, 35.956541, 35.857027 ] }, { "date": "2026-01-23", "close": 36.474743, "volume": 100, "typical_volume": 2520.0, "trend": 35.789074, "fair_value": 31.046889, "relative_strength": -12.897222, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.602655, "energy": 44.670832, "activity_lines": [ 36.887819, 36.717272, 36.02087, 35.904284 ] }, { "date": "2026-01-30", "close": 36.464775, "volume": 8200, "typical_volume": 2900.0, "trend": 35.799937, "fair_value": 31.103086, "relative_strength": -9.166078, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.19564, "energy": 40.75493, "activity_lines": [ 36.745735, 36.741816, 36.086515, 35.947878 ] }, { "date": "2026-02-06", "close": 37.311638, "volume": 600, "typical_volume": 2625.0, "trend": 35.854205, "fair_value": 31.16622, "relative_strength": -8.203604, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.823174, "energy": 41.009056, "activity_lines": [ 36.921749, 36.876295, 36.234514, 36.045407 ] }, { "date": "2026-02-13", "close": 36.10611, "volume": 200, "typical_volume": 2540.0, "trend": 35.852123, "fair_value": 31.220379, "relative_strength": -12.34228, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.22537, "energy": 21.841159, "activity_lines": [ 36.624851, 36.755442, 36.263672, 36.061659 ] }, { "date": "2026-02-20", "close": 36.11607, "volume": 1200, "typical_volume": 1930.0, "trend": 35.863239, "fair_value": 31.27854, "relative_strength": -13.793666, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.566904, "energy": 18.723779, "activity_lines": [ 36.422933, 36.628131, 36.295302, 36.078688 ] }, { "date": "2026-02-27", "close": 35.956661, "volume": 2100, "typical_volume": 1960.0, "trend": 35.906986, "fair_value": 31.335154, "relative_strength": -15.000072, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.21497, "energy": 16.269213, "activity_lines": [ 36.243598, 36.486319, 36.312043, 36.084715 ] }, { "date": "2026-03-06", "close": 34.053719, "volume": 700, "typical_volume": 1790.0, "trend": 35.888621, "fair_value": 31.398334, "relative_strength": -16.020077, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.834933, "energy": 36.692207, "activity_lines": [ 35.464487, 36.015897, 36.140613, 35.96515 ] }, { "date": "2026-03-13", "close": 32.638962, "volume": 1300, "typical_volume": 1800.0, "trend": 35.788124, "fair_value": 31.466422, "relative_strength": -17.722806, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -61.589136, "energy": 76.589351, "activity_lines": [ 34.374528, 35.34185, 35.834296, 35.755494 ] }, { "date": "2026-03-20", "close": 32.419781, "volume": 700, "typical_volume": 1750.0, "trend": 35.672731, "fair_value": 31.531662, "relative_strength": -14.627617, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -88.057051, "energy": 93.127631, "activity_lines": [ 33.52302, 34.693528, 35.517193, 35.538182 ] }, { "date": "2026-03-27", "close": 32.360001, "volume": 6800, "typical_volume": 2040.0, "trend": 35.529611, "fair_value": 31.59284, "relative_strength": -15.982154, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.507685, "energy": 92.688203, "activity_lines": [ 32.897341, 34.126359, 35.201605, 35.324457 ] }, { "date": "2026-04-03", "close": 33.540001, "volume": 700, "typical_volume": 1995.0, "trend": 35.415925, "fair_value": 31.663692, "relative_strength": -15.55304, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.77021, "energy": 86.905726, "activity_lines": [ 32.9154, 33.862678, 35.007497, 35.196095 ] }, { "date": "2026-04-10", "close": 35.040001, "volume": 300, "typical_volume": 1820.0, "trend": 35.356529, "fair_value": 31.743236, "relative_strength": -12.946814, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.673786, "energy": 55.158673, "activity_lines": [ 33.594569, 33.925083, 34.962423, 35.171842 ] }, { "date": "2026-04-17", "close": 35.259998, "volume": 100, "typical_volume": 1560.0, "trend": 35.316343, "fair_value": 31.819972, "relative_strength": -13.639056, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.412696, "energy": 29.61025, "activity_lines": [ 34.281319, 34.053393, 34.933552, 35.165614 ] }, { "date": "2026-04-24", "close": 35.299999, "volume": 1900, "typical_volume": 1610.0, "trend": 35.278811, "fair_value": 31.900854, "relative_strength": -12.011103, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.726385, "energy": 27.961645, "activity_lines": [ 34.806666, 34.226278, 34.908793, 35.16456 ] }, { "date": "2026-05-01", "close": 35.272812, "volume": 400, "typical_volume": 1580.0, "trend": 35.248649, "fair_value": 31.989998, "relative_strength": -11.657163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.368233, "energy": 28.968786, "activity_lines": [ 35.130937, 34.408877, 34.883118, 35.164173 ] }, { "date": "2026-05-08", "close": 34.884106, "volume": 200, "typical_volume": 1585.0, "trend": 35.261472, "fair_value": 32.079089, "relative_strength": -12.657792, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -19.264142, "energy": 25.368697, "activity_lines": [ 35.131451, 34.536134, 34.828232, 35.140654 ] }, { "date": "2026-05-15", "close": 34.196392, "volume": 1200, "typical_volume": 1640.0, "trend": 35.267261, "fair_value": 32.157246, "relative_strength": -13.280701, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.483605, "energy": 22.593231, "activity_lines": [ 34.813121, 34.557852, 34.717508, 35.071939 ] }, { "date": "2026-05-22", "close": 34.983772, "volume": 900, "typical_volume": 1670.0, "trend": 35.274801, "fair_value": 32.239923, "relative_strength": -12.510725, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -16.664078, "energy": 10.452242, "activity_lines": [ 34.813491, 34.720137, 34.695133, 35.053649 ] }, { "date": "2026-05-29", "close": 34.644897, "volume": 300, "typical_volume": 1605.0, "trend": 35.298519, "fair_value": 32.315155, "relative_strength": -13.658151, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -30.302329, "energy": 17.603262, "activity_lines": [ 34.719318, 34.778176, 34.646493, 35.01301 ] }, { "date": "2026-06-05", "close": 34.595066, "volume": 0, "typical_volume": 1395.0, "trend": 35.309322, "fair_value": 32.387036, "relative_strength": -12.484393, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.403553, "energy": 21.983722, "activity_lines": [ 34.652208, 34.786697, 34.606612, 34.967626 ] }, { "date": "2026-06-12", "close": 35.880795, "volume": 1000, "typical_volume": 1440.0, "trend": 35.344114, "fair_value": 32.46584, "relative_strength": -10.192577, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 6.748466, "energy": 12.100843, "activity_lines": [ 35.058858, 34.98835, 34.701833, 35.004496 ] }, { "date": "2026-06-19", "close": 35.781128, "volume": 0, "typical_volume": 1030.0, "trend": 35.402065, "fair_value": 32.551915, "relative_strength": -10.123841, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 5.753517, "energy": 33.248387, "activity_lines": [ 35.365839, 35.129322, 34.79039, 35.03269 ] }, { "date": "2026-06-26", "close": 36.179798, "volume": 0, "typical_volume": 1000.0, "trend": 35.430603, "fair_value": 32.635128, "relative_strength": -8.720253, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.426356, "energy": 56.411399, "activity_lines": [ 35.700061, 35.329304, 34.920171, 35.082866 ] }, { "date": "2026-07-03", "close": 37.48, "volume": 0, "typical_volume": 990.0, "trend": 35.491558, "fair_value": 32.727933, "relative_strength": -5.72081, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.985382, "energy": 75.907886, "activity_lines": [ 36.387949, 35.748963, 35.179171, 35.215086 ] }, { "date": "2026-07-10", "close": 37.610001, "volume": 0, "typical_volume": 930.0, "trend": 35.514806, "fair_value": 32.814951, "relative_strength": -5.136446, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 60.082184, "energy": 84.94723, "activity_lines": [ 36.930163, 36.152622, 35.444009, 35.351759 ] }, { "date": "2026-07-17", "close": 38.810001, "volume": 0, "typical_volume": 825.0, "trend": 35.578054, "fair_value": 32.90112, "relative_strength": -1.618007, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 69.023147, "energy": 88.784667, "activity_lines": [ 37.671382, 36.731968, 35.816019, 35.564352 ] }, { "date": "2026-07-24", "close": 37.459999, "volume": 200, "typical_volume": 800.0, "trend": 35.593323, "fair_value": 32.975789, "relative_strength": -4.926598, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 68.280274, "energy": 88.34435, "activity_lines": [ 37.76732, 36.99448, 36.045871, 35.685768 ] }, { "date": "2026-07-31", "close": 38.43, "volume": 0, "typical_volume": 735.0, "trend": 35.666136, "fair_value": 33.056145, "relative_strength": -1.744488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.649733, "energy": 90.04801, "activity_lines": [ 38.074667, 37.374017, 36.351883, 35.86878 ] }, { "date": "2026-08-07", "close": 39.23, "volume": 400, "typical_volume": 720.0, "trend": 35.724436, "fair_value": 33.141696, "relative_strength": -2.599684, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.345443, "energy": 84.7737, "activity_lines": [ 38.498667, 37.83635, 36.706508, 36.098706 ] } ], "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." } } }