{ "ticker": { "uuid": "78a50b11-520b-417d-bd05-c228134bbda2", "symbol": "FNOV", "name": "FT VEST U.S. EQUITY BUFFER ETF - NOVEMBER", "exchange": "CBOE", "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": 49.727, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 85.278, "architecture_energy": 76.229, "architecture_maturity": 42.156, "architecture_confidence": 75.306, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 7.66, "rotation_up": 65.4, "upward_expansion": 90.68, "deceleration": 49.24, "rotation_down": 24.68, "downward_expansion": 15.01 }, "activity_lines": [ 58.997133, 58.688575, 58.195563, 57.412828 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 59.665, "trend_reference": 56.527537, "distance_from_trend": 0.055503, "trend_direction": "Improving", "fair_value": 48.714443, "distance_from_fair_value": 0.224791, "fair_value_direction": "Improving", "relative_strength": -3.608059, "relative_strength_direction": "Weakening", "price_momentum": 0.077906, "excess_performance": -0.047719, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.055503, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.024214, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.224791, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.003478, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.036081, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.002003, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.077906, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.388543, "read": "Supply-led" } ], "volume": { "latest": 88593, "relative_activity": 0.668023, "balance": 0.388543, "dry_up": 0.451087, "accumulation_observations": 0, "distribution_observations": 1 }, "risk": { "range_context": 0.012091, "annualized_volatility": 0.084083, "from_high_reference": -7.7e-05, "from_low_reference": 0.166699 }, "levels": { "trend_reference": 56.527537, "fair_value_reference": 48.714443, "structural_low": 52.25, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 42, "median_return": 0.008578, "positive_rate": 0.738095, "directional_follow_through": 0.738095, "median_excess_return": -0.003274, "regime_survival": 0.809524, "best_return": 0.035773, "worst_return": -0.082876, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": 0.032893, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.008092, "regime_survival": 0.733333, "best_return": 0.091299, "worst_return": -0.027282, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": 0.06544, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.026201, "regime_survival": 0.75, "best_return": 0.099508, "worst_return": 0.004714, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.136423, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.028856, "regime_survival": 0.75, "best_return": 0.174322, "worst_return": -0.0806, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-17", "end": "2024-08-09", "tenure": "Established", "return": 0.0108, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-08-16", "end": "2024-08-23", "tenure": "New", "return": 0.003434, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2025-01-10", "tenure": "Established", "return": 0.013439, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-01-31", "tenure": "New", "return": 0.004746, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-07", "end": "2025-03-07", "tenure": "Developing", "return": -0.027482, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-14", "end": "2025-03-21", "tenure": "New", "return": 0.003558, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-28", "end": "2025-04-04", "tenure": "New", "return": -0.063523, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-16", "tenure": "Developing", "return": 0.07687, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-23", "end": "2025-05-30", "tenure": "New", "return": 0.014753, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-06", "end": "2025-07-04", "tenure": "Developing", "return": 0.031854, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2026-02-27", "tenure": "Extended", "return": 0.092768, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-06", "end": "2026-03-27", "tenure": "New", "return": -0.036616, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.054873, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.045013, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 39.59, "volume": 62478, "typical_volume": 178096.95, "trend": 38.451177, "fair_value": 36.614007, "relative_strength": -1.448886, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.894743, "energy": 44.648762, "activity_lines": [ 40.299187, 40.371742, 39.798444, 39.189377 ] }, { "date": "2023-08-25", "close": 39.9364, "volume": 181504, "typical_volume": 185929.65, "trend": 38.54039, "fair_value": 36.658257, "relative_strength": -1.377576, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.770693, "energy": 28.708062, "activity_lines": [ 40.10086, 40.308264, 39.868376, 39.285197 ] }, { "date": "2023-09-01", "close": 40.82, "volume": 130953, "typical_volume": 189011.15, "trend": 38.645057, "fair_value": 36.710685, "relative_strength": -1.681088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.734063, "energy": 33.796828, "activity_lines": [ 40.26064, 40.404233, 40.011219, 39.432269 ] }, { "date": "2023-09-08", "close": 40.3599, "volume": 36415, "typical_volume": 188296.8, "trend": 38.743053, "fair_value": 36.762031, "relative_strength": -1.551775, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.626002, "energy": 26.472707, "activity_lines": [ 40.297733, 40.392049, 40.0959, 39.542904 ] }, { "date": "2023-09-15", "close": 40.2747, "volume": 98390, "typical_volume": 172631.2, "trend": 38.841663, "fair_value": 36.813242, "relative_strength": -1.600713, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.381743, "energy": 31.398972, "activity_lines": [ 40.315727, 40.362647, 40.160086, 39.64172 ] }, { "date": "2023-09-22", "close": 39.185, "volume": 1018534, "typical_volume": 218991.7, "trend": 38.930497, "fair_value": 36.85791, "relative_strength": -1.341417, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.488393, "energy": 14.76914, "activity_lines": [ 39.97866, 40.12814, 40.109802, 39.663871 ] }, { "date": "2023-09-29", "close": 38.8617, "volume": 54939, "typical_volume": 219162.85, "trend": 38.989887, "fair_value": 36.898832, "relative_strength": -1.424784, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.592526, "energy": 18.030758, "activity_lines": [ 39.560827, 39.862396, 40.022105, 39.659432 ] }, { "date": "2023-10-06", "close": 39.1, "volume": 281913, "typical_volume": 226066.05, "trend": 39.100177, "fair_value": 36.936768, "relative_strength": -1.246727, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.399249, "energy": 23.527496, "activity_lines": [ 39.294073, 39.676858, 39.951619, 39.666536 ] }, { "date": "2023-10-13", "close": 39.2137, "volume": 79444, "typical_volume": 224749.9, "trend": 39.199737, "fair_value": 36.975484, "relative_strength": -1.354355, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.724295, "energy": 32.658559, "activity_lines": [ 39.179887, 39.551633, 39.887814, 39.67386 ] }, { "date": "2023-10-20", "close": 38.3643, "volume": 43326, "typical_volume": 220338.0, "trend": 39.258547, "fair_value": 37.009358, "relative_strength": -1.088295, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -37.271543, "energy": 54.864779, "activity_lines": [ 38.85898, 39.295347, 39.73891, 39.619961 ] }, { "date": "2023-10-27", "close": 37.4241, "volume": 1151116, "typical_volume": 275581.85, "trend": 39.252737, "fair_value": 37.044, "relative_strength": -1.012284, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -48.335529, "energy": 65.279912, "activity_lines": [ 38.352033, 38.90508, 39.502968, 39.50161 ] }, { "date": "2023-11-03", "close": 39.429, "volume": 67011, "typical_volume": 274185.1, "trend": 39.314513, "fair_value": 37.081814, "relative_strength": -1.423145, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.42029, "energy": 35.874892, "activity_lines": [ 38.63078, 38.91872, 39.465753, 39.512982 ] }, { "date": "2023-11-10", "close": 39.96, "volume": 413720, "typical_volume": 263742.3, "trend": 39.386247, "fair_value": 37.119922, "relative_strength": -1.402493, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.922263, "energy": 14.884978, "activity_lines": [ 39.048707, 39.038131, 39.48121, 39.554626 ] }, { "date": "2023-11-17", "close": 40.89, "volume": 750340, "typical_volume": 282646.9, "trend": 39.49058, "fair_value": 37.162871, "relative_strength": -1.343383, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.514605, "energy": 17.465488, "activity_lines": [ 39.7193, 39.342269, 39.582917, 39.651642 ] }, { "date": "2023-11-24", "close": 41.1507, "volume": 2237495, "typical_volume": 389229.75, "trend": 39.594603, "fair_value": 37.204856, "relative_strength": -1.659635, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.214597, "energy": 43.48827, "activity_lines": [ 40.36504, 39.684169, 39.706476, 39.758747 ] }, { "date": "2023-12-01", "close": 41.45, "volume": 772153, "typical_volume": 418266.75, "trend": 39.716463, "fair_value": 37.246394, "relative_strength": -1.726943, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.428335, "energy": 65.135713, "activity_lines": [ 40.924787, 40.06456, 39.85254, 39.87845 ] }, { "date": "2023-12-08", "close": 41.5133, "volume": 301546, "typical_volume": 421962.75, "trend": 39.84324, "fair_value": 37.289428, "relative_strength": -1.750568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.422014, "energy": 79.181178, "activity_lines": [ 41.23724, 40.415278, 40.001062, 39.994375 ] }, { "date": "2023-12-15", "close": 42.2012, "volume": 340742, "typical_volume": 415564.65, "trend": 39.975643, "fair_value": 37.335782, "relative_strength": -2.373825, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.045361, "energy": 84.915198, "activity_lines": [ 41.64004, 40.842858, 40.21213, 40.146501 ] }, { "date": "2023-12-22", "close": 42.3341, "volume": 1089242, "typical_volume": 459518.25, "trend": 40.10908, "fair_value": 37.383308, "relative_strength": -2.864299, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.659881, "energy": 86.456569, "activity_lines": [ 41.937727, 41.238216, 40.43147, 40.29866 ] }, { "date": "2023-12-29", "close": 42.5138, "volume": 76085, "typical_volume": 459367.3, "trend": 40.229873, "fair_value": 37.430256, "relative_strength": -2.693877, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.322612, "energy": 87.417301, "activity_lines": [ 42.19904, 41.609513, 40.659187, 40.453803 ] }, { "date": "2024-01-05", "close": 42.115, "volume": 198023, "typical_volume": 466144.55, "trend": 40.33174, "fair_value": 37.472242, "relative_strength": -2.005567, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.95738, "energy": 81.583286, "activity_lines": [ 42.236547, 41.832855, 40.838845, 40.575424 ] }, { "date": "2024-01-12", "close": 42.69, "volume": 126502, "typical_volume": 463394.45, "trend": 40.42574, "fair_value": 37.520447, "relative_strength": -2.417094, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.722728, "energy": 82.822313, "activity_lines": [ 42.421387, 42.075453, 41.06124, 40.72757 ] }, { "date": "2024-01-19", "close": 42.93, "volume": 109046, "typical_volume": 462299.1, "trend": 40.540987, "fair_value": 37.567528, "relative_strength": -2.94406, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.775393, "energy": 82.907882, "activity_lines": [ 42.60778, 42.302396, 41.293381, 40.889135 ] }, { "date": "2024-01-26", "close": 43.18, "volume": 665977, "typical_volume": 493777.2, "trend": 40.638157, "fair_value": 37.620797, "relative_strength": -3.281725, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.774825, "energy": 85.323132, "activity_lines": [ 42.82892, 42.520795, 41.539283, 41.059394 ] }, { "date": "2024-02-02", "close": 43.52, "volume": 83761, "typical_volume": 493045.75, "trend": 40.759127, "fair_value": 37.670862, "relative_strength": -3.792849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.794635, "energy": 92.849407, "activity_lines": [ 43.107, 42.759375, 41.804138, 41.245319 ] }, { "date": "2024-02-09", "close": 43.75, "volume": 60163, "typical_volume": 445127.2, "trend": 40.860793, "fair_value": 37.721055, "relative_strength": -4.489407, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.500998, "energy": 92.852228, "activity_lines": [ 43.394667, 42.996695, 42.075443, 41.438279 ] }, { "date": "2024-02-16", "close": 43.6989, "volume": 100735, "typical_volume": 447417.0, "trend": 40.954423, "fair_value": 37.771758, "relative_strength": -4.166339, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.37145, "energy": 91.002992, "activity_lines": [ 43.5563, 43.182905, 42.320143, 41.621383 ] }, { "date": "2024-02-23", "close": 44.0, "volume": 790757, "typical_volume": 472859.2, "trend": 41.045083, "fair_value": 37.825925, "relative_strength": -4.952404, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.484139, "energy": 91.963878, "activity_lines": [ 43.75104, 43.384124, 42.570486, 41.817871 ] }, { "date": "2024-03-01", "close": 44.24, "volume": 60863, "typical_volume": 471930.15, "trend": 41.16977, "fair_value": 37.881502, "relative_strength": -5.228109, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.184913, "energy": 88.5607, "activity_lines": [ 43.954447, 43.596273, 42.820352, 42.023995 ] }, { "date": "2024-03-08", "close": 44.175, "volume": 30202, "typical_volume": 471273.95, "trend": 41.295693, "fair_value": 37.933269, "relative_strength": -5.001054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.465051, "energy": 71.208351, "activity_lines": [ 44.06552, 43.761951, 43.040093, 42.217881 ] }, { "date": "2024-03-15", "close": 44.1639, "volume": 38834, "typical_volume": 415659.85, "trend": 41.448157, "fair_value": 37.98472, "relative_strength": -4.817111, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.142186, "energy": 68.745211, "activity_lines": [ 44.129227, 43.895407, 43.231107, 42.402926 ] }, { "date": "2024-03-22", "close": 44.645, "volume": 112784, "typical_volume": 417948.5, "trend": 41.60511, "fair_value": 38.037124, "relative_strength": -5.718245, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.937972, "energy": 73.115872, "activity_lines": [ 44.325707, 44.079084, 43.435845, 42.609174 ] }, { "date": "2024-03-29", "close": 44.7384, "volume": 62937, "typical_volume": 400409.35, "trend": 41.735723, "fair_value": 38.088674, "relative_strength": -5.704321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.005116, "energy": 71.85892, "activity_lines": [ 44.490247, 44.244196, 43.624641, 42.811322 ] }, { "date": "2024-04-05", "close": 44.56, "volume": 289998, "typical_volume": 377392.25, "trend": 41.875727, "fair_value": 38.137376, "relative_strength": -5.094563, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.694151, "energy": 67.495345, "activity_lines": [ 44.546093, 44.343993, 43.773692, 42.993534 ] }, { "date": "2024-04-12", "close": 44.2783, "volume": 102646, "typical_volume": 270649.8, "trend": 42.00918, "fair_value": 38.183006, "relative_strength": -4.166539, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.199575, "energy": 65.840156, "activity_lines": [ 44.486707, 44.36748, 43.878438, 43.148538 ] }, { "date": "2024-04-19", "close": 43.63, "volume": 123099, "typical_volume": 238197.1, "trend": 42.157347, "fair_value": 38.224327, "relative_strength": -2.477392, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.091885, "energy": 52.852609, "activity_lines": [ 44.204333, 44.259307, 43.906548, 43.253107 ] }, { "date": "2024-04-26", "close": 44.3858, "volume": 106399, "typical_volume": 228439.75, "trend": 42.341483, "fair_value": 38.270469, "relative_strength": -3.233149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.050527, "energy": 44.431344, "activity_lines": [ 44.209487, 44.290735, 43.996258, 43.396878 ] }, { "date": "2024-05-03", "close": 44.5608, "volume": 101030, "typical_volume": 216454.15, "trend": 42.52351, "fair_value": 38.316179, "relative_strength": -3.308377, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.671808, "energy": 43.267369, "activity_lines": [ 44.290253, 44.341491, 44.088956, 43.54006 ] }, { "date": "2024-05-10", "close": 45.0137, "volume": 26594, "typical_volume": 163321.75, "trend": 42.716843, "fair_value": 38.366206, "relative_strength": -3.982806, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 79.646656, "energy": 56.157304, "activity_lines": [ 44.533827, 44.464396, 44.213551, 43.700718 ] }, { "date": "2024-05-17", "close": 45.37, "volume": 70938, "typical_volume": 163064.4, "trend": 42.950367, "fair_value": 38.419112, "relative_strength": -4.654835, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.168405, "energy": 69.251032, "activity_lines": [ 44.86592, 44.638016, 44.35932, 43.871889 ] }, { "date": "2024-05-24", "close": 45.4377, "volume": 37567, "typical_volume": 155041.6, "trend": 43.217487, "fair_value": 38.470438, "relative_strength": -4.372294, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.46181, "energy": 89.840916, "activity_lines": [ 45.1478, 44.802218, 44.497935, 44.032362 ] }, { "date": "2024-05-31", "close": 45.38, "volume": 36913, "typical_volume": 150562.15, "trend": 43.415853, "fair_value": 38.521074, "relative_strength": -3.992215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.518859, "energy": 88.24329, "activity_lines": [ 45.289933, 44.932769, 44.615233, 44.171879 ] }, { "date": "2024-06-07", "close": 45.6442, "volume": 42725, "typical_volume": 147246.1, "trend": 43.605327, "fair_value": 38.572587, "relative_strength": -4.496598, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.491407, "energy": 89.851391, "activity_lines": [ 45.453853, 45.097993, 44.744883, 44.315643 ] }, { "date": "2024-06-14", "close": 45.8605, "volume": 82903, "typical_volume": 118092.4, "trend": 43.77101, "fair_value": 38.627049, "relative_strength": -5.447898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.72228, "energy": 86.589, "activity_lines": [ 45.617647, 45.286075, 44.882208, 44.461138 ] }, { "date": "2024-06-21", "close": 45.95, "volume": 147781, "typical_volume": 121293.4, "trend": 43.930987, "fair_value": 38.679579, "relative_strength": -5.706433, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.170981, "energy": 78.868995, "activity_lines": [ 45.75482, 45.466784, 45.015293, 44.601718 ] }, { "date": "2024-06-28", "close": 46.0316, "volume": 75858, "typical_volume": 122078.15, "trend": 44.083707, "fair_value": 38.732121, "relative_strength": -5.335498, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.124704, "energy": 78.821388, "activity_lines": [ 45.880527, 45.631935, 45.144578, 44.737242 ] }, { "date": "2024-07-05", "close": 46.24, "volume": 75384, "typical_volume": 120810.6, "trend": 44.241263, "fair_value": 38.785689, "relative_strength": -6.514944, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.856669, "energy": 71.750422, "activity_lines": [ 46.036107, 45.791311, 45.282845, 44.876358 ] }, { "date": "2024-07-12", "close": 46.4108, "volume": 70971, "typical_volume": 84821.3, "trend": 44.381583, "fair_value": 38.841154, "relative_strength": -6.885639, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.029531, "energy": 76.044249, "activity_lines": [ 46.191287, 45.948029, 45.425279, 45.016328 ] }, { "date": "2024-07-19", "close": 46.15, "volume": 132650, "typical_volume": 88410.65, "trend": 44.50878, "fair_value": 38.893821, "relative_strength": -5.397557, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.343951, "energy": 66.238191, "activity_lines": [ 46.208427, 46.023693, 45.531395, 45.130419 ] }, { "date": "2024-07-26", "close": 46.1392, "volume": 96150, "typical_volume": 91708.05, "trend": 44.629627, "fair_value": 38.94654, "relative_strength": -4.487284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.629841, "energy": 64.930864, "activity_lines": [ 46.202667, 46.076733, 45.627387, 45.235608 ] }, { "date": "2024-08-02", "close": 45.57, "volume": 64942, "typical_volume": 93013.45, "trend": 44.744793, "fair_value": 38.994845, "relative_strength": -3.488832, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.3439, "energy": 48.540356, "activity_lines": [ 45.99456, 46.012296, 45.659816, 45.296277 ] }, { "date": "2024-08-09", "close": 45.86, "volume": 68028, "typical_volume": 90775.65, "trend": 44.85046, "fair_value": 39.044578, "relative_strength": -2.766961, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.128775, "energy": 33.606523, "activity_lines": [ 45.913893, 45.998182, 45.713168, 45.368226 ] }, { "date": "2024-08-16", "close": 46.59, "volume": 101056, "typical_volume": 92681.6, "trend": 44.97246, "fair_value": 39.099194, "relative_strength": -4.854694, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.082148, "energy": 42.904989, "activity_lines": [ 46.101893, 46.108067, 45.830259, 45.480454 ] }, { "date": "2024-08-23", "close": 46.75, "volume": 101637, "typical_volume": 83263.55, "trend": 45.09146, "fair_value": 39.153556, "relative_strength": -5.673717, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 74.698713, "energy": 52.232237, "activity_lines": [ 46.33128, 46.229847, 45.95377, 45.595134 ] }, { "date": "2024-08-30", "close": 46.88, "volume": 56794, "typical_volume": 80970.95, "trend": 45.20346, "fair_value": 39.208748, "relative_strength": -5.49473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.530925, "energy": 62.494608, "activity_lines": [ 46.564, 46.359091, 46.079234, 45.710524 ] }, { "date": "2024-09-06", "close": 46.24, "volume": 36903, "typical_volume": 76661.15, "trend": 45.28646, "fair_value": 39.260574, "relative_strength": -2.628193, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.463643, "energy": 61.871655, "activity_lines": [ 46.534, 46.355062, 46.131356, 45.777397 ] }, { "date": "2024-09-13", "close": 46.9088, "volume": 39204, "typical_volume": 73301.4, "trend": 45.393457, "fair_value": 39.316494, "relative_strength": -4.851837, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.469392, "energy": 68.125774, "activity_lines": [ 46.682267, 46.468844, 46.234745, 45.882064 ] }, { "date": "2024-09-20", "close": 47.053, "volume": 105809, "typical_volume": 73540.35, "trend": 45.495223, "fair_value": 39.372667, "relative_strength": -5.701281, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.226988, "energy": 61.241187, "activity_lines": [ 46.80868, 46.596684, 46.339853, 45.989132 ] }, { "date": "2024-09-27", "close": 47.1357, "volume": 154885, "typical_volume": 79954.9, "trend": 45.591747, "fair_value": 39.43014, "relative_strength": -5.868666, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.437448, "energy": 56.727313, "activity_lines": [ 46.931793, 46.727884, 46.44097, 46.094969 ] }, { "date": "2024-10-04", "close": 47.15, "volume": 48203, "typical_volume": 78818.15, "trend": 45.690913, "fair_value": 39.486805, "relative_strength": -5.882253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.098507, "energy": 70.719965, "activity_lines": [ 47.03396, 46.843762, 46.533344, 46.195501 ] }, { "date": "2024-10-11", "close": 47.3, "volume": 38016, "typical_volume": 78840.6, "trend": 45.79545, "fair_value": 39.543631, "relative_strength": -6.441962, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.865559, "energy": 72.207081, "activity_lines": [ 47.168127, 46.968535, 46.631527, 46.299313 ] }, { "date": "2024-10-18", "close": 47.4202, "volume": 51991, "typical_volume": 79594.5, "trend": 45.887957, "fair_value": 39.601021, "relative_strength": -6.777796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.360374, "energy": 74.302284, "activity_lines": [ 47.271693, 47.083707, 46.73229, 46.404136 ] }, { "date": "2024-10-25", "close": 47.4607, "volume": 89360, "typical_volume": 81926.25, "trend": 45.9787, "fair_value": 39.658621, "relative_strength": -5.586925, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.603921, "energy": 74.217453, "activity_lines": [ 47.354667, 47.177876, 46.827195, 46.505603 ] }, { "date": "2024-11-01", "close": 47.5, "volume": 74929, "typical_volume": 81527.55, "trend": 46.0767, "fair_value": 39.716057, "relative_strength": -3.998799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.264719, "energy": 77.383932, "activity_lines": [ 47.42356, 47.26336, 46.917192, 46.603752 ] }, { "date": "2024-11-08", "close": 47.6299, "volume": 92821, "typical_volume": 78779.55, "trend": 46.18842, "fair_value": 39.774326, "relative_strength": -7.853846, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.470265, "energy": 81.51641, "activity_lines": [ 47.511467, 47.358825, 47.011754, 46.703958 ] }, { "date": "2024-11-15", "close": 47.69, "volume": 610016, "typical_volume": 105487.45, "trend": 46.323753, "fair_value": 39.832659, "relative_strength": -5.557006, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.951781, "energy": 86.033346, "activity_lines": [ 47.587413, 47.451584, 47.10404, 46.800834 ] }, { "date": "2024-11-22", "close": 48.13, "volume": 1350458, "typical_volume": 169241.15, "trend": 46.44856, "fair_value": 39.897403, "relative_strength": -6.021676, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.741213, "energy": 61.988723, "activity_lines": [ 47.784027, 47.597978, 47.230334, 46.917366 ] }, { "date": "2024-11-29", "close": 48.45, "volume": 343147, "typical_volume": 182849.95, "trend": 46.5782, "fair_value": 39.966762, "relative_strength": -6.269481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.757857, "energy": 66.589767, "activity_lines": [ 48.039987, 47.780351, 47.378104, 47.046491 ] }, { "date": "2024-12-06", "close": 48.75, "volume": 845273, "typical_volume": 218481.1, "trend": 46.702743, "fair_value": 40.031249, "relative_strength": -6.269435, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.954729, "energy": 74.723087, "activity_lines": [ 48.329993, 47.991869, 47.544735, 47.186608 ] }, { "date": "2024-12-13", "close": 48.59, "volume": 455913, "typical_volume": 236469.25, "trend": 46.810077, "fair_value": 40.098172, "relative_strength": -5.801334, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.310185, "energy": 69.575678, "activity_lines": [ 48.483333, 48.144945, 47.683747, 47.308366 ] }, { "date": "2024-12-20", "close": 48.02, "volume": 237749, "typical_volume": 245109.6, "trend": 46.896153, "fair_value": 40.157851, "relative_strength": -4.966743, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.896846, "energy": 57.129878, "activity_lines": [ 48.382667, 48.168204, 47.756803, 47.386426 ] }, { "date": "2024-12-27", "close": 48.32, "volume": 1376788, "typical_volume": 310547.6, "trend": 46.994153, "fair_value": 40.217723, "relative_strength": -4.792429, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.147566, "energy": 49.820602, "activity_lines": [ 48.36, 48.232916, 47.846763, 47.478287 ] }, { "date": "2025-01-03", "close": 48.23, "volume": 111764, "typical_volume": 311083.0, "trend": 47.080347, "fair_value": 40.280159, "relative_strength": -4.269552, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.746169, "energy": 39.282449, "activity_lines": [ 48.294667, 48.264905, 47.916438, 47.558019 ] }, { "date": "2025-01-10", "close": 47.51, "volume": 73967, "typical_volume": 309699.5, "trend": 47.13533, "fair_value": 40.337723, "relative_strength": -3.644069, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 33.275692, "energy": 18.667176, "activity_lines": [ 48.004, 48.151998, 47.909732, 47.585738 ] }, { "date": "2025-01-17", "close": 48.46, "volume": 107679, "typical_volume": 312243.75, "trend": 47.218997, "fair_value": 40.410864, "relative_strength": -4.332443, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.381044, "energy": 23.577995, "activity_lines": [ 48.112667, 48.211636, 47.989883, 47.671201 ] }, { "date": "2025-01-24", "close": 48.98, "volume": 186391, "typical_volume": 319718.15, "trend": 47.317277, "fair_value": 40.486633, "relative_strength": -4.760368, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.909321, "energy": 34.537128, "activity_lines": [ 48.403333, 48.350727, 48.112034, 47.784814 ] }, { "date": "2025-01-31", "close": 48.69, "volume": 86981, "typical_volume": 322107.0, "trend": 47.398943, "fair_value": 40.557685, "relative_strength": -4.176862, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 54.356139, "energy": 33.291335, "activity_lines": [ 48.533333, 48.413636, 48.193518, 47.873377 ] }, { "date": "2025-02-07", "close": 48.76, "volume": 71549, "typical_volume": 320394.0, "trend": 47.47725, "fair_value": 40.632044, "relative_strength": -3.712453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.828467, "energy": 40.257103, "activity_lines": [ 48.662, 48.479091, 48.273187, 47.961187 ] }, { "date": "2025-02-14", "close": 49.2095, "volume": 120457, "typical_volume": 318672.6, "trend": 47.579233, "fair_value": 40.711399, "relative_strength": -4.075342, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.54608, "energy": 53.834456, "activity_lines": [ 48.905167, 48.620636, 48.387537, 48.072945 ] }, { "date": "2025-02-21", "close": 48.74, "volume": 73667, "typical_volume": 319945.8, "trend": 47.665927, "fair_value": 40.786784, "relative_strength": -3.301052, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.251776, "energy": 51.216979, "activity_lines": [ 48.878533, 48.668464, 48.447298, 48.147833 ] }, { "date": "2025-02-28", "close": 48.41, "volume": 512100, "typical_volume": 343650.0, "trend": 47.760593, "fair_value": 40.861944, "relative_strength": -2.893677, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.82887, "energy": 33.238509, "activity_lines": [ 48.723233, 48.653564, 48.468058, 48.195838 ] }, { "date": "2025-03-07", "close": 47.42, "volume": 119082, "typical_volume": 347004.55, "trend": 47.812593, "fair_value": 40.935149, "relative_strength": -1.748922, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.340596, "energy": 8.087441, "activity_lines": [ 48.275933, 48.451573, 48.389247, 48.173864 ] }, { "date": "2025-03-14", "close": 46.7964, "volume": 616575, "typical_volume": 373365.3, "trend": 47.819473, "fair_value": 40.995254, "relative_strength": -0.684123, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.301181, "energy": 27.489833, "activity_lines": [ 47.705433, 48.152564, 48.251047, 48.108303 ] }, { "date": "2025-03-21", "close": 46.9629, "volume": 58838, "typical_volume": 372560.75, "trend": 47.82657, "fair_value": 41.053413, "relative_strength": -0.756713, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.27565, "energy": 36.539811, "activity_lines": [ 47.32134, 47.909893, 48.131867, 48.05304 ] }, { "date": "2025-03-28", "close": 46.44, "volume": 1382272, "typical_volume": 437033.3, "trend": 47.811903, "fair_value": 41.10758, "relative_strength": -0.32283, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.776045, "energy": 59.886448, "activity_lines": [ 46.91272, 47.582096, 47.965444, 47.963584 ] }, { "date": "2025-04-04", "close": 43.49, "volume": 199313, "typical_volume": 416498.15, "trend": 47.720237, "fair_value": 41.145337, "relative_strength": 2.675476, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -93.81072, "energy": 90.978816, "activity_lines": [ 45.6741, 46.754664, 47.523736, 47.684752 ] }, { "date": "2025-04-11", "close": 45.1308, "volume": 521442, "typical_volume": 375047.35, "trend": 47.66097, "fair_value": 41.196367, "relative_strength": 0.905329, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.216966, "energy": 80.115918, "activity_lines": [ 45.310413, 46.325376, 47.258294, 47.517691 ] }, { "date": "2025-04-18", "close": 44.75, "volume": 91623, "typical_volume": 362471.15, "trend": 47.584203, "fair_value": 41.250149, "relative_strength": 1.58359, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.482182, "energy": 81.161336, "activity_lines": [ 44.972407, 45.891565, 46.970867, 47.329887 ] }, { "date": "2025-04-25", "close": 46.15, "volume": 74603, "typical_volume": 323937.65, "trend": 47.551347, "fair_value": 41.317377, "relative_strength": 0.25834, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.329539, "energy": 62.175582, "activity_lines": [ 45.237493, 45.785209, 46.834393, 47.237358 ] }, { "date": "2025-05-02", "close": 47.0746, "volume": 54392, "typical_volume": 303861.6, "trend": 47.548833, "fair_value": 41.39106, "relative_strength": -0.522717, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.805148, "energy": 35.943698, "activity_lines": [ 45.864973, 45.902589, 46.798357, 47.2066 ] }, { "date": "2025-05-09", "close": 46.9725, "volume": 220592, "typical_volume": 303003.75, "trend": 47.537917, "fair_value": 41.466717, "relative_strength": -0.214274, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -38.81566, "energy": 20.268617, "activity_lines": [ 46.416113, 46.031685, 46.759813, 47.169417 ] }, { "date": "2025-05-16", "close": 48.6, "volume": 65958, "typical_volume": 237462.25, "trend": 47.577243, "fair_value": 41.556717, "relative_strength": -1.832191, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -7.345098, "energy": 18.616487, "activity_lines": [ 47.277587, 46.482827, 46.881257, 47.237938 ] }, { "date": "2025-05-23", "close": 47.7943, "volume": 119996, "typical_volume": 237873.85, "trend": 47.588363, "fair_value": 41.632258, "relative_strength": -0.843796, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.59399, "energy": 19.619704, "activity_lines": [ 47.639213, 46.766024, 46.924635, 47.251942 ] }, { "date": "2025-05-30", "close": 48.4994, "volume": 52063, "typical_volume": 236778.65, "trend": 47.621677, "fair_value": 41.713369, "relative_strength": -1.024925, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.501202, "energy": 28.283005, "activity_lines": [ 48.03292, 47.159276, 47.03724, 47.310719 ] }, { "date": "2025-06-06", "close": 48.9798, "volume": 83259, "typical_volume": 235557.65, "trend": 47.666673, "fair_value": 41.805803, "relative_strength": -1.561653, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.929381, "energy": 35.389627, "activity_lines": [ 48.430133, 47.611938, 47.190885, 47.39834 ] }, { "date": "2025-06-13", "close": 48.8, "volume": 65953, "typical_volume": 229535.75, "trend": 47.703673, "fair_value": 41.905803, "relative_strength": -1.484247, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.603979, "energy": 45.082642, "activity_lines": [ 48.6404, 47.985731, 47.324932, 47.471457 ] }, { "date": "2025-06-20", "close": 48.8206, "volume": 34357, "typical_volume": 226904.55, "trend": 47.726693, "fair_value": 41.995679, "relative_strength": -1.209104, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.201695, "energy": 43.302831, "activity_lines": [ 48.7357, 48.266724, 47.461798, 47.543517 ] }, { "date": "2025-06-27", "close": 49.9371, "volume": 1618636, "typical_volume": 304258.9, "trend": 47.776263, "fair_value": 42.095724, "relative_strength": -2.240008, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 46.777193, "energy": 54.135191, "activity_lines": [ 49.18846, 48.683629, 47.704375, 47.686124 ] }, { "date": "2025-07-04", "close": 50.54, "volume": 109303, "typical_volume": 303701.2, "trend": 47.83593, "fair_value": 42.196429, "relative_strength": -2.629138, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 79.774047, "energy": 76.25503, "activity_lines": [ 49.699333, 49.115842, 47.998766, 47.86443 ] }, { "date": "2025-07-11", "close": 50.4407, "volume": 152643, "typical_volume": 307650.0, "trend": 47.89762, "fair_value": 42.297712, "relative_strength": -2.484101, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.749211, "energy": 84.84234, "activity_lines": [ 50.041067, 49.450182, 48.277364, 48.032479 ] }, { "date": "2025-07-18", "close": 50.67, "volume": 52690, "typical_volume": 284679.5, "trend": 47.985953, "fair_value": 42.396263, "relative_strength": -2.560212, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.117396, "energy": 88.782879, "activity_lines": [ 50.36184, 49.765011, 48.569701, 48.211343 ] }, { "date": "2025-07-25", "close": 51.1905, "volume": 60776, "typical_volume": 281764.2, "trend": 48.081637, "fair_value": 42.491801, "relative_strength": -2.907442, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.675751, "energy": 92.157792, "activity_lines": [ 50.731447, 50.107249, 48.900849, 48.418088 ] }, { "date": "2025-08-01", "close": 50.4378, "volume": 90023, "typical_volume": 255436.6, "trend": 48.15523, "fair_value": 42.582119, "relative_strength": -1.844241, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.332249, "energy": 85.892969, "activity_lines": [ 50.69216, 50.265533, 49.142355, 48.570098 ] }, { "date": "2025-08-08", "close": 51.24, "volume": 265940, "typical_volume": 265791.7, "trend": 48.279563, "fair_value": 42.67323, "relative_strength": -2.550742, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.187247, "energy": 86.974303, "activity_lines": [ 50.886893, 50.521607, 49.442922, 48.769115 ] }, { "date": "2025-08-15", "close": 51.58, "volume": 147186, "typical_volume": 204037.4, "trend": 48.383563, "fair_value": 42.768116, "relative_strength": -2.74672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.616649, "energy": 89.132238, "activity_lines": [ 51.148293, 50.789671, 49.755502, 48.982047 ] }, { "date": "2025-08-22", "close": 51.7405, "volume": 73288, "typical_volume": 197736.15, "trend": 48.47558, "fair_value": 42.868632, "relative_strength": -2.635488, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.99528, "energy": 82.897903, "activity_lines": [ 51.38724, 51.03964, 50.058892, 49.198623 ] }, { "date": "2025-08-29", "close": 51.7548, "volume": 47230, "typical_volume": 174025.55, "trend": 48.57774, "fair_value": 42.974049, "relative_strength": -2.478974, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.730538, "energy": 86.531584, "activity_lines": [ 51.559587, 51.238745, 50.324356, 49.410186 ] }, { "date": "2025-09-05", "close": 51.8969, "volume": 178901, "typical_volume": 178389.45, "trend": 48.682303, "fair_value": 43.074391, "relative_strength": -2.394853, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.282127, "energy": 85.655132, "activity_lines": [ 51.74168, 51.410338, 50.57181, 49.624325 ] }, { "date": "2025-09-12", "close": 52.4721, "volume": 201677, "typical_volume": 184743.15, "trend": 48.791057, "fair_value": 43.185751, "relative_strength": -2.732997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.739009, "energy": 81.739297, "activity_lines": [ 52.018233, 51.65088, 50.840013, 49.868828 ] }, { "date": "2025-09-19", "close": 52.72, "volume": 83166, "typical_volume": 186181.85, "trend": 48.923723, "fair_value": 43.307674, "relative_strength": -3.367224, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.904448, "energy": 74.924672, "activity_lines": [ 52.29528, 51.901365, 51.10172, 50.122309 ] }, { "date": "2025-09-26", "close": 52.7093, "volume": 1458677, "typical_volume": 248086.1, "trend": 49.067033, "fair_value": 43.434336, "relative_strength": -3.025337, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.637225, "energy": 81.2849, "activity_lines": [ 52.49276, 52.108464, 51.335524, 50.366539 ] }, { "date": "2025-10-03", "close": 52.98, "volume": 110755, "typical_volume": 250325.95, "trend": 49.252367, "fair_value": 43.560099, "relative_strength": -3.510652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.699266, "energy": 84.576511, "activity_lines": [ 52.715887, 52.327702, 51.567792, 50.618989 ] }, { "date": "2025-10-10", "close": 52.3728, "volume": 75709, "typical_volume": 248111.6, "trend": 49.438247, "fair_value": 43.684708, "relative_strength": -2.196742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.475451, "energy": 66.464826, "activity_lines": [ 52.654933, 52.404004, 51.721374, 50.820307 ] }, { "date": "2025-10-17", "close": 52.85, "volume": 67170, "typical_volume": 248866.95, "trend": 49.634483, "fair_value": 43.803745, "relative_strength": -2.936495, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.540079, "energy": 66.595154, "activity_lines": [ 52.72132, 52.531887, 51.898601, 51.04042 ] }, { "date": "2025-10-24", "close": 53.5085, "volume": 34409, "typical_volume": 246424.45, "trend": 49.8701, "fair_value": 43.919406, "relative_strength": -3.503759, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.036027, "energy": 71.094807, "activity_lines": [ 52.982013, 52.750225, 52.117825, 51.290357 ] }, { "date": "2025-10-31", "close": 53.62, "volume": 88743, "typical_volume": 247563.95, "trend": 50.207767, "fair_value": 44.042347, "relative_strength": -3.858742, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.521106, "energy": 70.69085, "activity_lines": [ 53.227307, 52.953773, 52.326103, 51.532286 ] }, { "date": "2025-11-07", "close": 53.44, "volume": 62102, "typical_volume": 248951.2, "trend": 50.48474, "fair_value": 44.152539, "relative_strength": -2.576192, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.974769, "energy": 67.726822, "activity_lines": [ 53.351887, 53.09042, 52.494286, 51.740817 ] }, { "date": "2025-11-14", "close": 53.71, "volume": 115814, "typical_volume": 173810.1, "trend": 50.783407, "fair_value": 44.264975, "relative_strength": -2.167046, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.366371, "energy": 70.320122, "activity_lines": [ 53.5358, 53.245518, 52.666186, 51.948898 ] }, { "date": "2025-11-21", "close": 53.3, "volume": 605199, "typical_volume": 198604.9, "trend": 51.02174, "fair_value": 44.372475, "relative_strength": -0.991952, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.815338, "energy": 61.843447, "activity_lines": [ 53.4939, 53.293105, 52.781072, 52.111259 ] }, { "date": "2025-11-28", "close": 54.5069, "volume": 696739, "typical_volume": 225809.7, "trend": 51.269483, "fair_value": 44.485404, "relative_strength": -2.321893, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.773438, "energy": 67.789853, "activity_lines": [ 53.8243, 53.545076, 52.997759, 52.336108 ] }, { "date": "2025-12-05", "close": 54.71, "volume": 490096, "typical_volume": 247680.0, "trend": 51.5274, "fair_value": 44.604827, "relative_strength": -2.25482, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.572356, "energy": 70.948105, "activity_lines": [ 54.15584, 53.801485, 53.214425, 52.558077 ] }, { "date": "2025-12-12", "close": 54.579, "volume": 133551, "typical_volume": 251318.75, "trend": 51.7267, "fair_value": 44.726679, "relative_strength": -1.895868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.945078, "energy": 67.862993, "activity_lines": [ 54.371047, 53.9977, 53.399377, 52.754954 ] }, { "date": "2025-12-19", "close": 54.706, "volume": 131372, "typical_volume": 253386.2, "trend": 51.95709, "fair_value": 44.849923, "relative_strength": -1.744591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.485682, "energy": 77.369914, "activity_lines": [ 54.552653, 54.187933, 53.580288, 52.947167 ] }, { "date": "2025-12-26", "close": 55.16, "volume": 1644795, "typical_volume": 322328.95, "trend": 52.17911, "fair_value": 44.975821, "relative_strength": -2.27239, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.329776, "energy": 82.21475, "activity_lines": [ 54.819193, 54.418289, 53.784113, 53.153807 ] }, { "date": "2026-01-02", "close": 54.92, "volume": 146476, "typical_volume": 322293.45, "trend": 52.377117, "fair_value": 45.097936, "relative_strength": -1.633457, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.051329, "energy": 64.847232, "activity_lines": [ 54.881733, 54.563009, 53.946414, 53.330638 ] }, { "date": "2026-01-09", "close": 55.4043, "volume": 78798, "typical_volume": 322568.95, "trend": 52.59726, "fair_value": 45.218412, "relative_strength": -2.255962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.983795, "energy": 69.337291, "activity_lines": [ 55.078167, 54.77012, 54.138934, 53.52594 ] }, { "date": "2026-01-16", "close": 55.32, "volume": 106649, "typical_volume": 325539.9, "trend": 52.813907, "fair_value": 45.339053, "relative_strength": -2.017056, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.279038, "energy": 66.822363, "activity_lines": [ 55.200213, 54.929462, 54.305979, 53.701601 ] }, { "date": "2026-01-23", "close": 55.2202, "volume": 132834, "typical_volume": 323236.55, "trend": 52.99001, "fair_value": 45.454183, "relative_strength": -1.816888, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.65519, "energy": 61.256415, "activity_lines": [ 55.239593, 55.036476, 54.446541, 53.856846 ] }, { "date": "2026-01-30", "close": 55.27, "volume": 59153, "typical_volume": 316110.35, "trend": 53.147677, "fair_value": 45.566939, "relative_strength": -2.071809, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.346719, "energy": 58.553636, "activity_lines": [ 55.261293, 55.125087, 54.576022, 54.003942 ] }, { "date": "2026-02-06", "close": 55.3527, "volume": 80855, "typical_volume": 315994.8, "trend": 53.31141, "fair_value": 45.681892, "relative_strength": -1.688053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.160991, "energy": 54.197252, "activity_lines": [ 55.303227, 55.192916, 54.700055, 54.146202 ] }, { "date": "2026-02-13", "close": 54.88, "volume": 58276, "typical_volume": 245974.75, "trend": 53.451743, "fair_value": 45.794479, "relative_strength": -1.232475, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.595881, "energy": 40.443507, "activity_lines": [ 55.158747, 55.159422, 54.766533, 54.247401 ] }, { "date": "2026-02-20", "close": 55.31, "volume": 64410, "typical_volume": 243657.5, "trend": 53.58906, "fair_value": 45.914928, "relative_strength": -1.521754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.16576, "energy": 41.051104, "activity_lines": [ 55.192553, 55.201018, 54.863626, 54.367288 ] }, { "date": "2026-02-27", "close": 55.12, "volume": 199644, "typical_volume": 249854.25, "trend": 53.745133, "fair_value": 46.030569, "relative_strength": -1.319535, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.124663, "energy": 35.771382, "activity_lines": [ 55.163693, 55.194778, 54.931529, 54.466059 ] }, { "date": "2026-03-06", "close": 54.43, "volume": 57554, "typical_volume": 249373.45, "trend": 53.851467, "fair_value": 46.150048, "relative_strength": -0.527168, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.753522, "energy": 19.669915, "activity_lines": [ 54.911513, 55.055556, 54.920636, 54.510244 ] }, { "date": "2026-03-13", "close": 53.8562, "volume": 69800, "typical_volume": 251143.0, "trend": 53.92734, "fair_value": 46.263056, "relative_strength": -0.01008, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.980741, "energy": 11.953368, "activity_lines": [ 54.524067, 54.82528, 54.847571, 54.510549 ] }, { "date": "2026-03-20", "close": 53.27, "volume": 62073, "typical_volume": 249809.5, "trend": 53.978323, "fair_value": 46.369915, "relative_strength": 0.7644, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -18.72223, "energy": 29.744343, "activity_lines": [ 54.040987, 54.507764, 54.717022, 54.46814 ] }, { "date": "2026-03-27", "close": 52.437, "volume": 160713, "typical_volume": 254740.05, "trend": 54.001063, "fair_value": 46.465035, "relative_strength": 1.497802, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -46.260148, "energy": 53.295616, "activity_lines": [ 53.387573, 54.077598, 54.508806, 54.3687 ] }, { "date": "2026-04-03", "close": 53.779, "volume": 69979, "typical_volume": 252448.3, "trend": 54.0638, "fair_value": 46.568902, "relative_strength": 0.765028, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.335172, "energy": 49.296112, "activity_lines": [ 53.373027, 53.943851, 54.433176, 54.354373 ] }, { "date": "2026-04-10", "close": 55.0525, "volume": 75947, "typical_volume": 225985.7, "trend": 54.149813, "fair_value": 46.679444, "relative_strength": -0.330907, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -4.866825, "energy": 24.226082, "activity_lines": [ 53.87238, 54.067853, 54.478503, 54.41816 ] }, { "date": "2026-04-17", "close": 56.51, "volume": 44344, "typical_volume": 193365.95, "trend": 54.276147, "fair_value": 46.799636, "relative_strength": -1.963536, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 53.700403, "energy": 26.680043, "activity_lines": [ 54.816067, 54.460809, 54.654295, 54.57043 ] }, { "date": "2026-04-24", "close": 56.73, "volume": 71313, "typical_volume": 172426.8, "trend": 54.41017, "fair_value": 46.919508, "relative_strength": -1.982338, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 73.412668, "energy": 52.441936, "activity_lines": [ 55.656167, 54.872724, 54.8415, 54.728743 ] }, { "date": "2026-05-01", "close": 57.095, "volume": 60221, "typical_volume": 168760.3, "trend": 54.547337, "fair_value": 47.043231, "relative_strength": -2.159157, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.683773, "energy": 69.442155, "activity_lines": [ 56.387267, 55.317365, 55.053848, 54.901958 ] }, { "date": "2026-05-08", "close": 57.6103, "volume": 68097, "typical_volume": 165596.55, "trend": 54.72192, "fair_value": 47.170797, "relative_strength": -3.407782, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.253411, "energy": 85.883103, "activity_lines": [ 56.9796, 55.823244, 55.303291, 55.099569 ] }, { "date": "2026-05-15", "close": 57.665, "volume": 68757, "typical_volume": 86794.65, "trend": 54.88242, "fair_value": 47.295386, "relative_strength": -3.410481, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.536022, "energy": 86.456499, "activity_lines": [ 57.334747, 56.293789, 55.544114, 55.289445 ] }, { "date": "2026-05-22", "close": 57.99, "volume": 113234, "typical_volume": 85132.55, "trend": 55.031803, "fair_value": 47.421405, "relative_strength": -3.577963, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.563643, "energy": 87.280432, "activity_lines": [ 57.62406, 56.764607, 55.803961, 55.489934 ] }, { "date": "2026-05-29", "close": 58.4, "volume": 53042, "typical_volume": 83844.75, "trend": 55.191137, "fair_value": 47.546469, "relative_strength": -4.14985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.540734, "energy": 88.101776, "activity_lines": [ 57.951373, 57.234811, 56.088236, 55.707237 ] }, { "date": "2026-06-05", "close": 57.8553, "volume": 79748, "typical_volume": 82499.7, "trend": 55.338313, "fair_value": 47.666958, "relative_strength": -2.507876, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.689406, "energy": 76.54885, "activity_lines": [ 57.985787, 57.512705, 56.30637, 55.879118 ] }, { "date": "2026-06-12", "close": 57.9934, "volume": 57397, "typical_volume": 78727.85, "trend": 55.481093, "fair_value": 47.783134, "relative_strength": -2.723998, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.726501, "energy": 63.062702, "activity_lines": [ 58.015547, 57.717195, 56.525583, 56.050414 ] }, { "date": "2026-06-19", "close": 58.38, "volume": 78935, "typical_volume": 79716.95, "trend": 55.650427, "fair_value": 47.904335, "relative_strength": -2.864112, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.476196, "energy": 64.403333, "activity_lines": [ 58.148633, 57.915349, 56.76841, 56.237441 ] }, { "date": "2026-06-26", "close": 57.565, "volume": 1335548, "typical_volume": 142451.6, "trend": 55.752363, "fair_value": 48.015233, "relative_strength": -1.814307, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.85962, "energy": 52.736827, "activity_lines": [ 57.962387, 57.904822, 56.918808, 56.360962 ] }, { "date": "2026-07-03", "close": 58.4202, "volume": 40218, "typical_volume": 141548.7, "trend": 55.876037, "fair_value": 48.134011, "relative_strength": -2.391776, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.176487, "energy": 56.729474, "activity_lines": [ 58.08954, 58.030604, 57.140119, 56.53308 ] }, { "date": "2026-07-10", "close": 58.84, "volume": 35609, "typical_volume": 140108.65, "trend": 56.01807, "fair_value": 48.250293, "relative_strength": -2.925538, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.381954, "energy": 70.270531, "activity_lines": [ 58.35528, 58.201982, 57.384553, 56.724303 ] }, { "date": "2026-07-17", "close": 58.5195, "volume": 40827, "typical_volume": 132167.8, "trend": 56.145187, "fair_value": 48.363303, "relative_strength": -1.871607, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.183696, "energy": 69.719907, "activity_lines": [ 58.44854, 58.28336, 57.581653, 56.885686 ] }, { "date": "2026-07-24", "close": 58.4062, "volume": 57536, "typical_volume": 132166.9, "trend": 56.253393, "fair_value": 48.473085, "relative_strength": -1.43184, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.072481, "energy": 70.394971, "activity_lines": [ 58.46896, 58.327607, 57.751775, 57.031558 ] }, { "date": "2026-07-31", "close": 58.8836, "volume": 52336, "typical_volume": 131293.7, "trend": 56.385513, "fair_value": 48.590932, "relative_strength": -1.628193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.925632, "energy": 71.498052, "activity_lines": [ 58.646767, 58.445178, 57.94843, 57.201249 ] }, { "date": "2026-08-07", "close": 59.665, "volume": 88593, "typical_volume": 132619.7, "trend": 56.527537, "fair_value": 48.714443, "relative_strength": -3.608059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.277812, "energy": 76.22859, "activity_lines": [ 58.997133, 58.688575, 58.195563, 57.412828 ] } ], "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." } } }