{ "ticker": { "uuid": "7a402b8c-8de3-4333-9965-40c2878830ae", "symbol": "QQMG", "name": "Invesco ESG NASDAQ 100 ETF", "exchange": "NASDAQ", "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": "QQQ", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 49.998, "architecture_energy": 25.343, "architecture_maturity": 67.128, "architecture_confidence": 88.069, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 34.31, "rotation_up": 30.21, "upward_expansion": 58.19, "deceleration": 88.12, "rotation_down": 27.36, "downward_expansion": 19.53 }, "activity_lines": [ 48.978887, 49.201327, 48.882393, 47.353649 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 50.4242, "trend_reference": 45.496577, "distance_from_trend": 0.108308, "trend_direction": "Improving", "fair_value": 35.520608, "distance_from_fair_value": 0.419576, "fair_value_direction": "Weakening", "relative_strength": 1.205627, "relative_strength_direction": "Improving", "price_momentum": 0.208407, "excess_performance": 0.020953, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.108308, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.054691, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.419576, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.045722, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.012056, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.007933, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.208407, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.294297, "read": "Demand-led" } ], "volume": { "latest": 113858, "relative_activity": 1.030697, "balance": 2.294297, "dry_up": 0.895134, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.044149, "annualized_volatility": 0.212843, "from_high_reference": -0.028035, "from_low_reference": 0.325097 }, "levels": { "trend_reference": 45.496577, "fair_value_reference": 35.520608, "structural_low": 38.0532, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 7, "median_return": -0.001295, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": 0.002524, "regime_survival": 0.428571, "best_return": 0.091964, "worst_return": -0.022186, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 4, "median_return": 0.076897, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": 0.000487, "regime_survival": 0.0, "best_return": 0.140377, "worst_return": -0.104715, "sufficient": false }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.154987, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.006449, "regime_survival": 0.0, "best_return": 0.21109, "worst_return": 0.083075, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.264258, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.001279, "regime_survival": 0.5, "best_return": 0.340519, "worst_return": 0.187998, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2025-01-17", "tenure": "Established", "return": 0.042957, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-24", "end": "2025-02-07", "tenure": "New", "return": -0.01751, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-14", "end": "2025-02-28", "tenure": "New", "return": -0.052501, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.02266, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-04-04", "tenure": "New", "return": -0.12125, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-11", "end": "2025-05-23", "tenure": "Developing", "return": 0.119871, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-30", "end": "2025-07-04", "tenure": "Developing", "return": 0.079611, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-11", "end": "2026-02-06", "tenure": "Extended", "return": 0.100979, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-02-13", "end": "2026-03-06", "tenure": "New", "return": -0.000232, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-13", "end": "2026-03-27", "tenure": "New", "return": -0.049705, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-04-03", "end": "2026-04-10", "tenure": "New", "return": 0.045671, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": 0.037693, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-07-17", "tenure": "Developing", "return": -0.010752, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.05757, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 24.004679, "volume": 20170, "typical_volume": 28875.1, "trend": 22.324914, "fair_value": 21.404783, "relative_strength": 0.689864, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.513552, "energy": 42.227095, "activity_lines": [ 24.567805, 24.725834, 24.167818, 23.391513 ] }, { "date": "2023-08-25", "close": 24.504982, "volume": 23679, "typical_volume": 29104.2, "trend": 22.485147, "fair_value": 21.437077, "relative_strength": 1.078072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.686567, "energy": 29.096422, "activity_lines": [ 24.466949, 24.686539, 24.270489, 23.532162 ] }, { "date": "2023-09-01", "close": 25.480055, "volume": 43747, "typical_volume": 30958.7, "trend": 22.656922, "fair_value": 21.478757, "relative_strength": 1.259971, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.740522, "energy": 37.492846, "activity_lines": [ 24.733343, 24.826102, 24.450593, 23.725382 ] }, { "date": "2023-09-08", "close": 25.089079, "volume": 130154, "typical_volume": 37173.65, "trend": 22.828902, "fair_value": 21.515597, "relative_strength": 0.98923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.258965, "energy": 40.023408, "activity_lines": [ 24.883438, 24.870443, 24.573372, 23.882295 ] }, { "date": "2023-09-15", "close": 24.773617, "volume": 16882, "typical_volume": 37374.0, "trend": 22.987937, "fair_value": 21.548506, "relative_strength": 0.149464, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.024002, "energy": 42.486082, "activity_lines": [ 24.911947, 24.850436, 24.64732, 24.007761 ] }, { "date": "2023-09-22", "close": 23.96131, "volume": 14481, "typical_volume": 36981.75, "trend": 23.138561, "fair_value": 21.572634, "relative_strength": 0.169158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.849578, "energy": 28.183171, "activity_lines": [ 24.642223, 24.676284, 24.628339, 24.070559 ] }, { "date": "2023-09-29", "close": 24.028935, "volume": 39964, "typical_volume": 38113.0, "trend": 23.274738, "fair_value": 21.596954, "relative_strength": 0.305009, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.028846, "energy": 11.668638, "activity_lines": [ 24.397932, 24.538876, 24.604242, 24.128003 ] }, { "date": "2023-10-06", "close": 24.492928, "volume": 13002, "typical_volume": 37486.0, "trend": 23.45014, "fair_value": 21.625346, "relative_strength": 0.398758, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.983145, "energy": 14.603664, "activity_lines": [ 24.340042, 24.506002, 24.612798, 24.206595 ] }, { "date": "2023-10-13", "close": 24.542289, "volume": 12914, "typical_volume": 36937.45, "trend": 23.58898, "fair_value": 21.653666, "relative_strength": 0.402133, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.536567, "energy": 14.335919, "activity_lines": [ 24.364413, 24.503876, 24.616011, 24.277057 ] }, { "date": "2023-10-20", "close": 23.831491, "volume": 15758, "typical_volume": 35807.45, "trend": 23.689734, "fair_value": 21.674607, "relative_strength": 0.39202, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.476077, "energy": 9.745311, "activity_lines": [ 24.188305, 24.377974, 24.545685, 24.292703 ] }, { "date": "2023-10-27", "close": 23.169264, "volume": 36644, "typical_volume": 35806.2, "trend": 23.747086, "fair_value": 21.688841, "relative_strength": 0.209249, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": -14.86644, "energy": 22.177776, "activity_lines": [ 23.854263, 24.141306, 24.411582, 24.259124 ] }, { "date": "2023-11-03", "close": 24.700245, "volume": 18658, "typical_volume": 34129.05, "trend": 23.86162, "fair_value": 21.717251, "relative_strength": 0.302242, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.539121, "energy": 13.949202, "activity_lines": [ 24.083351, 24.198188, 24.425486, 24.320618 ] }, { "date": "2023-11-10", "close": 25.57887, "volume": 47990, "typical_volume": 35597.15, "trend": 24.00553, "fair_value": 21.753341, "relative_strength": 0.914392, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.123908, "energy": 19.95511, "activity_lines": [ 24.56056, 24.411269, 24.522551, 24.431408 ] }, { "date": "2023-11-17", "close": 26.023119, "volume": 42165, "typical_volume": 34217.2, "trend": 24.168183, "fair_value": 21.792876, "relative_strength": 0.613541, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 68.757253, "energy": 48.818439, "activity_lines": [ 25.113455, 24.703327, 24.655133, 24.561575 ] }, { "date": "2023-11-24", "close": 26.240308, "volume": 16507, "typical_volume": 31845.35, "trend": 24.32603, "fair_value": 21.833678, "relative_strength": 0.536213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.997078, "energy": 71.78147, "activity_lines": [ 25.640025, 25.017891, 24.802122, 24.695261 ] }, { "date": "2023-12-01", "close": 26.280685, "volume": 48253, "typical_volume": 33173.85, "trend": 24.484241, "fair_value": 21.874105, "relative_strength": 0.565153, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.85224, "energy": 80.697796, "activity_lines": [ 26.019467, 25.313129, 24.944281, 24.821368 ] }, { "date": "2023-12-08", "close": 26.418007, "volume": 87002, "typical_volume": 35301.8, "trend": 24.644635, "fair_value": 21.915041, "relative_strength": 0.505781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.828535, "energy": 82.308285, "activity_lines": [ 26.237254, 25.591164, 25.094877, 24.946127 ] }, { "date": "2023-12-15", "close": 27.257144, "volume": 88569, "typical_volume": 38593.0, "trend": 24.80708, "fair_value": 21.962739, "relative_strength": 0.324325, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.506142, "energy": 87.958438, "activity_lines": [ 26.620236, 25.978332, 25.319298, 25.114676 ] }, { "date": "2023-12-22", "close": 27.553812, "volume": 49782, "typical_volume": 39701.6, "trend": 24.948374, "fair_value": 22.012217, "relative_strength": 0.454915, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.076544, "energy": 90.740591, "activity_lines": [ 26.990222, 26.369181, 25.564512, 25.291884 ] }, { "date": "2023-12-29", "close": 27.577651, "volume": 42518, "typical_volume": 40441.95, "trend": 25.078201, "fair_value": 22.061037, "relative_strength": 0.207568, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.477019, "energy": 89.849256, "activity_lines": [ 27.266109, 26.709609, 25.799086, 25.461515 ] }, { "date": "2024-01-05", "close": 26.687411, "volume": 29442, "typical_volume": 40905.55, "trend": 25.180076, "fair_value": 22.101266, "relative_strength": 0.090142, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.891363, "energy": 78.558694, "activity_lines": [ 27.156093, 26.820064, 25.933561, 25.565335 ] }, { "date": "2024-01-12", "close": 27.676567, "volume": 49774, "typical_volume": 42210.3, "trend": 25.282912, "fair_value": 22.149329, "relative_strength": 0.538772, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.011216, "energy": 74.542321, "activity_lines": [ 27.34868, 27.046399, 26.149467, 25.726399 ] }, { "date": "2024-01-19", "close": 28.606373, "volume": 67486, "typical_volume": 43397.25, "trend": 25.431373, "fair_value": 22.204517, "relative_strength": 1.026318, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 86.971582, "energy": 75.88512, "activity_lines": [ 27.767299, 27.387674, 26.438822, 25.940816 ] }, { "date": "2024-01-26", "close": 28.833878, "volume": 85085, "typical_volume": 41143.8, "trend": 25.569015, "fair_value": 22.260698, "relative_strength": 1.166396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 84.7375, "energy": 78.946675, "activity_lines": [ 28.171804, 27.715269, 26.734958, 26.160332 ] }, { "date": "2024-02-02", "close": 29.021818, "volume": 45707, "typical_volume": 42585.05, "trend": 25.722451, "fair_value": 22.317515, "relative_strength": 0.568515, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.372421, "energy": 91.98275, "activity_lines": [ 28.553618, 28.02593, 27.03116, 26.383094 ] }, { "date": "2024-02-09", "close": 29.773576, "volume": 126206, "typical_volume": 48171.3, "trend": 25.871372, "fair_value": 22.379648, "relative_strength": 1.241813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.509402, "energy": 94.86685, "activity_lines": [ 29.08974, 28.422701, 27.378729, 26.644457 ] }, { "date": "2024-02-16", "close": 29.209757, "volume": 58953, "typical_volume": 49120.75, "trend": 26.007085, "fair_value": 22.436096, "relative_strength": 0.791683, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.153023, "energy": 87.316668, "activity_lines": [ 29.232178, 28.653452, 27.644923, 26.859836 ] }, { "date": "2024-02-23", "close": 29.677727, "volume": 56869, "typical_volume": 51314.1, "trend": 26.139995, "fair_value": 22.495453, "relative_strength": 0.925438, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.990936, "energy": 80.86732, "activity_lines": [ 29.428394, 28.91853, 27.931015, 27.096652 ] }, { "date": "2024-03-01", "close": 30.258262, "volume": 36590, "typical_volume": 52497.9, "trend": 26.320516, "fair_value": 22.558565, "relative_strength": 0.834905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.321425, "energy": 71.712668, "activity_lines": [ 29.746697, 29.245149, 28.247706, 27.362347 ] }, { "date": "2024-03-08", "close": 29.81967, "volume": 48642, "typical_volume": 54142.1, "trend": 26.50245, "fair_value": 22.617123, "relative_strength": 0.841447, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.501958, "energy": 64.62683, "activity_lines": [ 29.823845, 29.442853, 28.495409, 27.588098 ] }, { "date": "2024-03-15", "close": 29.54607, "volume": 59854, "typical_volume": 55302.6, "trend": 26.687163, "fair_value": 22.672554, "relative_strength": 1.064609, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.63471, "energy": 63.133192, "activity_lines": [ 29.756602, 29.550046, 28.688538, 27.784461 ] }, { "date": "2024-03-22", "close": 30.40812, "volume": 48005, "typical_volume": 56769.95, "trend": 26.883935, "fair_value": 22.733948, "relative_strength": 0.956226, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.95706, "energy": 65.42708, "activity_lines": [ 29.991876, 29.762001, 28.933402, 28.024523 ] }, { "date": "2024-03-29", "close": 30.200116, "volume": 35064, "typical_volume": 56123.65, "trend": 27.04127, "fair_value": 22.792736, "relative_strength": 0.779627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.955967, "energy": 57.420703, "activity_lines": [ 30.077925, 29.886472, 29.131276, 28.23847 ] }, { "date": "2024-04-05", "close": 29.846411, "volume": 39160, "typical_volume": 55973.4, "trend": 27.199848, "fair_value": 22.847843, "relative_strength": 0.386697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.120213, "energy": 51.185818, "activity_lines": [ 30.011246, 29.917656, 29.273458, 28.419447 ] }, { "date": "2024-04-12", "close": 29.655345, "volume": 44837, "typical_volume": 57389.9, "trend": 27.362572, "fair_value": 22.900615, "relative_strength": 0.231066, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.550473, "energy": 47.099788, "activity_lines": [ 29.908335, 29.895691, 29.379237, 28.577866 ] }, { "date": "2024-04-19", "close": 27.991318, "volume": 41176, "typical_volume": 57036.05, "trend": 27.496906, "fair_value": 22.939774, "relative_strength": -0.01193, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 21.626223, "energy": 16.320166, "activity_lines": [ 29.261704, 29.559657, 29.310274, 28.61843 ] }, { "date": "2024-04-26", "close": 29.209624, "volume": 37793, "typical_volume": 54575.6, "trend": 27.669595, "fair_value": 22.987635, "relative_strength": 0.363044, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.507442, "energy": 21.872549, "activity_lines": [ 29.124824, 29.477538, 29.349196, 28.728928 ] }, { "date": "2024-05-03", "close": 29.477057, "volume": 25008, "typical_volume": 51397.55, "trend": 27.835733, "fair_value": 23.036798, "relative_strength": 0.224248, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.473915, "energy": 20.88357, "activity_lines": [ 29.156989, 29.444045, 29.400293, 28.845539 ] }, { "date": "2024-05-10", "close": 29.893063, "volume": 31602, "typical_volume": 50488.55, "trend": 28.014092, "fair_value": 23.088348, "relative_strength": 0.105736, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.699394, "energy": 21.619219, "activity_lines": [ 29.376026, 29.489839, 29.480439, 28.97827 ] }, { "date": "2024-05-17", "close": 30.635933, "volume": 42030, "typical_volume": 50464.15, "trend": 28.240907, "fair_value": 23.144674, "relative_strength": 0.366219, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.954604, "energy": 40.229667, "activity_lines": [ 29.839577, 29.677339, 29.620196, 29.147421 ] }, { "date": "2024-05-24", "close": 31.160894, "volume": 41492, "typical_volume": 51066.65, "trend": 28.507294, "fair_value": 23.204053, "relative_strength": 0.686736, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.858324, "energy": 67.809872, "activity_lines": [ 30.412742, 29.945446, 29.795385, 29.335807 ] }, { "date": "2024-05-31", "close": 30.683873, "volume": 58351, "typical_volume": 51495.5, "trend": 28.706749, "fair_value": 23.259052, "relative_strength": 0.713491, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.378144, "energy": 68.546547, "activity_lines": [ 30.615595, 30.097462, 29.903842, 29.476231 ] }, { "date": "2024-06-07", "close": 31.566401, "volume": 44811, "typical_volume": 50361.75, "trend": 28.906333, "fair_value": 23.319689, "relative_strength": 0.837709, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.736883, "energy": 78.916486, "activity_lines": [ 31.014341, 30.404923, 30.082028, 29.660725 ] }, { "date": "2024-06-14", "close": 32.904161, "volume": 39773, "typical_volume": 48096.15, "trend": 29.135701, "fair_value": 23.389142, "relative_strength": 1.511119, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.763101, "energy": 87.652715, "activity_lines": [ 31.719717, 30.930772, 30.373525, 29.918649 ] }, { "date": "2024-06-21", "close": 32.894256, "volume": 50021, "typical_volume": 48311.85, "trend": 29.357499, "fair_value": 23.457524, "relative_strength": 1.22726, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.834589, "energy": 88.743858, "activity_lines": [ 32.221051, 31.399224, 30.644696, 30.161137 ] }, { "date": "2024-06-28", "close": 32.839478, "volume": 79186, "typical_volume": 45960.85, "trend": 29.576126, "fair_value": 23.524538, "relative_strength": 1.087291, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.645524, "energy": 88.803175, "activity_lines": [ 32.553571, 31.798828, 30.89221, 30.385781 ] }, { "date": "2024-07-05", "close": 33.900736, "volume": 44964, "typical_volume": 45261.4, "trend": 29.82555, "fair_value": 23.598128, "relative_strength": 0.734009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.530259, "energy": 93.290253, "activity_lines": [ 33.127939, 32.303239, 31.226196, 30.664788 ] }, { "date": "2024-07-12", "close": 33.980083, "volume": 92571, "typical_volume": 47046.5, "trend": 30.049648, "fair_value": 23.671241, "relative_strength": 1.201526, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.508507, "energy": 89.934432, "activity_lines": [ 33.514298, 32.736784, 31.545402, 30.932822 ] }, { "date": "2024-07-19", "close": 32.54193, "volume": 86374, "typical_volume": 49535.7, "trend": 30.215919, "fair_value": 23.733273, "relative_strength": 0.880234, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.67627, "energy": 67.77906, "activity_lines": [ 33.26036, 32.826974, 31.707153, 31.093614 ] }, { "date": "2024-07-26", "close": 31.633414, "volume": 74818, "typical_volume": 50844.5, "trend": 30.351111, "fair_value": 23.788135, "relative_strength": 0.637929, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.890825, "energy": 50.854739, "activity_lines": [ 32.727733, 32.703817, 31.771504, 31.185066 ] }, { "date": "2024-08-02", "close": 30.61778, "volume": 56683, "typical_volume": 50685.95, "trend": 30.482123, "fair_value": 23.835236, "relative_strength": 0.465147, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.833173, "energy": 19.012846, "activity_lines": [ 31.940617, 32.377864, 31.730491, 31.20227 ] }, { "date": "2024-08-09", "close": 30.637617, "volume": 143022, "typical_volume": 55436.8, "trend": 30.580825, "fair_value": 23.881828, "relative_strength": 0.130118, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 13.242102, "energy": 24.090341, "activity_lines": [ 31.308226, 32.065393, 31.686264, 31.212302 ] }, { "date": "2024-08-16", "close": 32.551848, "volume": 43779, "typical_volume": 55872.55, "trend": 30.712341, "fair_value": 23.940808, "relative_strength": 0.842843, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.846388, "energy": 27.680492, "activity_lines": [ 31.531454, 32.101804, 31.823252, 31.339465 ] }, { "date": "2024-08-23", "close": 32.849397, "volume": 62329, "typical_volume": 57031.0, "trend": 30.846191, "fair_value": 24.001001, "relative_strength": 0.692298, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.816713, "energy": 23.432766, "activity_lines": [ 31.94908, 32.174398, 31.97738, 31.47734 ] }, { "date": "2024-08-30", "close": 32.581603, "volume": 56374, "typical_volume": 57607.85, "trend": 30.964851, "fair_value": 24.058589, "relative_strength": 0.640398, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.898002, "energy": 27.434757, "activity_lines": [ 32.256944, 32.199298, 32.091703, 31.589302 ] }, { "date": "2024-09-06", "close": 30.597944, "volume": 52267, "typical_volume": 58162.4, "trend": 30.99233, "fair_value": 24.102185, "relative_strength": 0.311562, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 6.039662, "energy": 10.437793, "activity_lines": [ 31.840376, 31.869217, 32.003171, 31.56563 ] }, { "date": "2024-09-13", "close": 32.462583, "volume": 27188, "typical_volume": 57632.15, "trend": 31.100757, "fair_value": 24.157552, "relative_strength": 0.428781, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 40.003782, "energy": 21.525083, "activity_lines": [ 32.046676, 31.918916, 32.079812, 31.660485 ] }, { "date": "2024-09-20", "close": 32.740296, "volume": 45667, "typical_volume": 58665.1, "trend": 31.202843, "fair_value": 24.214017, "relative_strength": -0.218282, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.574238, "energy": 21.732931, "activity_lines": [ 32.223883, 32.045258, 32.167412, 31.766262 ] }, { "date": "2024-09-27", "close": 33.150792, "volume": 62162, "typical_volume": 60193.1, "trend": 31.29926, "fair_value": 24.272427, "relative_strength": -0.018269, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 48.383467, "energy": 25.145221, "activity_lines": [ 32.525359, 32.268776, 32.278567, 31.891936 ] }, { "date": "2024-10-04", "close": 33.041547, "volume": 185912, "typical_volume": 67387.2, "trend": 31.406656, "fair_value": 24.32937, "relative_strength": -0.469468, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.505741, "energy": 44.395578, "activity_lines": [ 32.770327, 32.461361, 32.363804, 32.004342 ] }, { "date": "2024-10-11", "close": 33.647359, "volume": 68171, "typical_volume": 68721.15, "trend": 31.543366, "fair_value": 24.389486, "relative_strength": 0.098938, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 62.614547, "energy": 56.046227, "activity_lines": [ 33.186569, 32.738492, 32.495283, 32.148903 ] }, { "date": "2024-10-18", "close": 33.72244, "volume": 45638, "typical_volume": 68085.5, "trend": 31.653843, "fair_value": 24.449312, "relative_strength": 0.082056, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.885029, "energy": 60.94856, "activity_lines": [ 33.424544, 32.97419, 32.622072, 32.289489 ] }, { "date": "2024-10-25", "close": 33.736741, "volume": 53247, "typical_volume": 68507.3, "trend": 31.771731, "fair_value": 24.505821, "relative_strength": -0.062963, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.300152, "energy": 60.186075, "activity_lines": [ 33.583295, 33.156401, 32.735754, 32.423869 ] }, { "date": "2024-11-01", "close": 33.091204, "volume": 68736, "typical_volume": 69955.45, "trend": 31.879891, "fair_value": 24.552945, "relative_strength": -0.395687, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.531367, "energy": 49.33792, "activity_lines": [ 33.460438, 33.199698, 32.777621, 32.508996 ] }, { "date": "2024-11-08", "close": 34.938432, "volume": 58352, "typical_volume": 70372.0, "trend": 32.055993, "fair_value": 24.612473, "relative_strength": -0.295914, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.74761, "energy": 60.929841, "activity_lines": [ 33.957296, 33.574459, 32.994524, 32.706322 ] }, { "date": "2024-11-15", "close": 33.736741, "volume": 49093, "typical_volume": 68867.35, "trend": 32.247508, "fair_value": 24.660621, "relative_strength": -0.320625, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.615993, "energy": 45.249443, "activity_lines": [ 33.927131, 33.687878, 33.087246, 32.814757 ] }, { "date": "2024-11-22", "close": 34.422003, "volume": 51458, "typical_volume": 69192.05, "trend": 32.421254, "fair_value": 24.7189, "relative_strength": -0.156288, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.212736, "energy": 47.57377, "activity_lines": [ 34.119428, 33.868822, 33.240958, 32.955047 ] }, { "date": "2024-11-29", "close": 34.600767, "volume": 25336, "typical_volume": 65830.3, "trend": 32.592044, "fair_value": 24.781197, "relative_strength": -0.416072, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.246841, "energy": 58.053256, "activity_lines": [ 34.324676, 34.046642, 33.409213, 33.095661 ] }, { "date": "2024-12-06", "close": 35.623694, "volume": 74719, "typical_volume": 65247.55, "trend": 32.783065, "fair_value": 24.842607, "relative_strength": -0.727481, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.148225, "energy": 68.61403, "activity_lines": [ 34.813297, 34.376622, 33.671934, 33.291251 ] }, { "date": "2024-12-13", "close": 35.862046, "volume": 128043, "typical_volume": 67908.8, "trend": 32.957269, "fair_value": 24.911417, "relative_strength": -0.823123, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.151608, "energy": 80.889968, "activity_lines": [ 35.212537, 34.704977, 33.94268, 33.489895 ] }, { "date": "2024-12-20", "close": 35.067539, "volume": 71712, "typical_volume": 68660.25, "trend": 33.08749, "fair_value": 24.969763, "relative_strength": -0.795652, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.892253, "energy": 70.588221, "activity_lines": [ 35.285367, 34.837595, 34.117623, 33.626042 ] }, { "date": "2024-12-27", "close": 35.419662, "volume": 56615, "typical_volume": 64339.9, "trend": 33.24535, "fair_value": 25.030166, "relative_strength": -0.70697, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.736467, "energy": 68.994174, "activity_lines": [ 35.386851, 35.008413, 34.304912, 33.776504 ] }, { "date": "2025-01-03", "close": 35.161125, "volume": 49710, "typical_volume": 64636.45, "trend": 33.365174, "fair_value": 25.096929, "relative_strength": -0.679129, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.67649, "energy": 48.481934, "activity_lines": [ 35.335645, 35.101366, 34.444806, 33.900103 ] }, { "date": "2025-01-10", "close": 34.266186, "volume": 63521, "typical_volume": 64696.05, "trend": 33.410575, "fair_value": 25.157775, "relative_strength": -1.021808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.922441, "energy": 30.180734, "activity_lines": [ 34.948769, 35.005705, 34.487044, 33.958232 ] }, { "date": "2025-01-17", "close": 35.171068, "volume": 88506, "typical_volume": 66302.65, "trend": 33.486469, "fair_value": 25.235914, "relative_strength": -1.215832, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.447463, "energy": 27.907301, "activity_lines": [ 34.954021, 35.053205, 34.608713, 34.071813 ] }, { "date": "2025-01-24", "close": 35.777638, "volume": 146528, "typical_volume": 71015.7, "trend": 33.584407, "fair_value": 25.31778, "relative_strength": -0.984434, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.641232, "energy": 34.87828, "activity_lines": [ 35.207529, 35.20676, 34.775821, 34.21963 ] }, { "date": "2025-01-31", "close": 34.992081, "volume": 79186, "typical_volume": 73615.6, "trend": 33.620785, "fair_value": 25.391843, "relative_strength": -1.768394, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.810299, "energy": 24.8646, "activity_lines": [ 35.151844, 35.18038, 34.843448, 34.310448 ] }, { "date": "2025-02-07", "close": 35.151181, "volume": 105833, "typical_volume": 76623.9, "trend": 33.659822, "fair_value": 25.471377, "relative_strength": -1.404314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.587705, "energy": 30.983359, "activity_lines": [ 35.177698, 35.172562, 34.914183, 34.409183 ] }, { "date": "2025-02-14", "close": 36.175388, "volume": 79295, "typical_volume": 77480.55, "trend": 33.780937, "fair_value": 25.560269, "relative_strength": -1.374758, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.065396, "energy": 42.368591, "activity_lines": [ 35.545617, 35.340956, 35.070981, 34.571477 ] }, { "date": "2025-02-21", "close": 35.43955, "volume": 100264, "typical_volume": 73198.15, "trend": 33.907808, "fair_value": 25.642404, "relative_strength": -1.136669, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.317674, "energy": 32.475004, "activity_lines": [ 35.540976, 35.36553, 35.143296, 34.678485 ] }, { "date": "2025-02-28", "close": 34.27613, "volume": 128603, "typical_volume": 76219.75, "trend": 34.029753, "fair_value": 25.721181, "relative_strength": -0.988315, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.85475, "energy": 15.963877, "activity_lines": [ 35.13063, 35.186255, 35.09339, 34.702247 ] }, { "date": "2025-03-07", "close": 33.192261, "volume": 96444, "typical_volume": 78760.05, "trend": 34.114908, "fair_value": 25.798242, "relative_strength": -0.902433, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.528927, "energy": 9.805843, "activity_lines": [ 34.459095, 34.824303, 34.937264, 34.648216 ] }, { "date": "2025-03-14", "close": 32.440115, "volume": 114785, "typical_volume": 81836.95, "trend": 34.111184, "fair_value": 25.859125, "relative_strength": -0.674537, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.846366, "energy": 33.677844, "activity_lines": [ 33.656833, 34.366094, 34.71203, 34.540164 ] }, { "date": "2025-03-21", "close": 32.575748, "volume": 189004, "typical_volume": 87850.35, "trend": 34.102062, "fair_value": 25.917975, "relative_strength": -0.484681, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.31475, "energy": 52.580611, "activity_lines": [ 33.08052, 33.982019, 34.505888, 34.441104 ] }, { "date": "2025-03-28", "close": 31.672722, "volume": 82850, "typical_volume": 89075.25, "trend": 34.071766, "fair_value": 25.970143, "relative_strength": -0.90765, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.851172, "energy": 69.309786, "activity_lines": [ 32.443173, 33.464493, 34.216198, 34.284372 ] }, { "date": "2025-04-04", "close": 28.625928, "volume": 187792, "typical_volume": 96010.2, "trend": 34.006032, "fair_value": 26.008344, "relative_strength": -0.623251, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.946422, "energy": 90.826067, "activity_lines": [ 31.041351, 32.456611, 33.651888, 33.933028 ] }, { "date": "2025-04-11", "close": 30.816434, "volume": 176230, "typical_volume": 102248.8, "trend": 33.951161, "fair_value": 26.065179, "relative_strength": -0.481849, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.681758, "energy": 78.099502, "activity_lines": [ 30.746377, 31.977033, 33.320535, 33.727248 ] }, { "date": "2025-04-18", "close": 30.079627, "volume": 59454, "typical_volume": 103954.7, "trend": 33.862472, "fair_value": 26.122925, "relative_strength": -0.603174, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.664465, "energy": 78.413147, "activity_lines": [ 30.36419, 31.439412, 32.936179, 33.477471 ] }, { "date": "2025-04-25", "close": 32.031169, "volume": 75712, "typical_volume": 104004.35, "trend": 33.825151, "fair_value": 26.197654, "relative_strength": -0.517688, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.18973, "energy": 51.521962, "activity_lines": [ 30.789882, 31.348826, 32.759214, 33.359323 ] }, { "date": "2025-05-02", "close": 33.076637, "volume": 55079, "typical_volume": 100356.15, "trend": 33.826321, "fair_value": 26.28062, "relative_strength": -0.677677, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -44.657746, "energy": 30.631587, "activity_lines": [ 31.600369, 31.523675, 32.698924, 33.311031 ] }, { "date": "2025-05-09", "close": 33.026853, "volume": 128975, "typical_volume": 103219.3, "trend": 33.805637, "fair_value": 26.366367, "relative_strength": -0.642543, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.018266, "energy": 20.434348, "activity_lines": [ 32.300667, 31.732434, 32.647156, 33.259453 ] }, { "date": "2025-05-16", "close": 35.396582, "volume": 71914, "typical_volume": 103984.25, "trend": 33.861442, "fair_value": 26.472757, "relative_strength": -0.352038, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -3.202755, "energy": 18.682713, "activity_lines": [ 33.49748, 32.394767, 32.830795, 33.362094 ] }, { "date": "2025-05-23", "close": 34.510423, "volume": 35765, "typical_volume": 103287.0, "trend": 33.887231, "fair_value": 26.564485, "relative_strength": -0.486492, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 7.346386, "energy": 23.502815, "activity_lines": [ 34.093563, 32.855902, 32.930148, 33.403964 ] }, { "date": "2025-05-30", "close": 35.207402, "volume": 32698, "typical_volume": 101745.85, "trend": 33.957771, "fair_value": 26.662174, "relative_strength": -0.388144, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.147203, "energy": 32.522299, "activity_lines": [ 34.626586, 33.406118, 33.098978, 33.489137 ] }, { "date": "2025-06-06", "close": 35.993993, "volume": 40399, "typical_volume": 99340.5, "trend": 33.992956, "fair_value": 26.772113, "relative_strength": -0.221048, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.768481, "energy": 46.290679, "activity_lines": [ 35.210057, 34.051503, 33.338239, 33.620506 ] }, { "date": "2025-06-13", "close": 35.774942, "volume": 44482, "typical_volume": 94238.2, "trend": 34.060896, "fair_value": 26.886709, "relative_strength": -0.237564, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.697111, "energy": 52.810422, "activity_lines": [ 35.526021, 34.578492, 33.55272, 33.735473 ] }, { "date": "2025-06-20", "close": 35.824726, "volume": 45549, "typical_volume": 92556.35, "trend": 34.107654, "fair_value": 26.992683, "relative_strength": -0.048105, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.978986, "energy": 50.432292, "activity_lines": [ 35.675374, 34.98455, 33.771955, 33.849268 ] }, { "date": "2025-06-27", "close": 37.471998, "volume": 167646, "typical_volume": 95647.0, "trend": 34.203362, "fair_value": 27.114924, "relative_strength": 0.39667, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 51.134358, "energy": 61.553097, "activity_lines": [ 36.345274, 35.599052, 34.144108, 34.066322 ] }, { "date": "2025-07-04", "close": 38.010303, "volume": 142382, "typical_volume": 98801.35, "trend": 34.282915, "fair_value": 27.235033, "relative_strength": 0.360895, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.234518, "energy": 79.865107, "activity_lines": [ 36.997171, 36.177021, 34.556477, 34.311932 ] }, { "date": "2025-07-11", "close": 37.900648, "volume": 58133, "typical_volume": 96694.8, "trend": 34.350869, "fair_value": 27.355757, "relative_strength": 0.455031, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.327987, "energy": 86.7159, "activity_lines": [ 37.425656, 36.626342, 34.949665, 34.545334 ] }, { "date": "2025-07-18", "close": 38.384923, "volume": 67780, "typical_volume": 93653.65, "trend": 34.461448, "fair_value": 27.475132, "relative_strength": 0.472071, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.903199, "energy": 90.251342, "activity_lines": [ 37.888456, 37.076003, 35.377254, 34.805595 ] }, { "date": "2025-07-25", "close": 38.749874, "volume": 46242, "typical_volume": 91143.55, "trend": 34.572455, "fair_value": 27.591517, "relative_strength": 0.520459, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.748083, "energy": 91.160702, "activity_lines": [ 38.298907, 37.494599, 35.820036, 35.082268 ] }, { "date": "2025-08-01", "close": 37.91291, "volume": 51478, "typical_volume": 87978.2, "trend": 34.664181, "fair_value": 27.699713, "relative_strength": 0.571629, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.323145, "energy": 85.633252, "activity_lines": [ 38.235361, 37.700051, 36.156641, 35.297781 ] }, { "date": "2025-08-08", "close": 39.321075, "volume": 50643, "typical_volume": 81060.15, "trend": 34.832678, "fair_value": 27.813362, "relative_strength": 0.553473, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.248423, "energy": 87.530781, "activity_lines": [ 38.611809, 38.09967, 36.601297, 35.598226 ] }, { "date": "2025-08-15", "close": 39.433322, "volume": 97442, "typical_volume": 81789.75, "trend": 34.974753, "fair_value": 27.930929, "relative_strength": 0.370403, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.847875, "energy": 87.902305, "activity_lines": [ 38.938287, 38.444903, 37.024522, 35.895042 ] }, { "date": "2025-08-22", "close": 39.025007, "volume": 45955, "typical_volume": 74697.9, "trend": 35.082998, "fair_value": 28.052526, "relative_strength": 0.280383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.645478, "energy": 64.762063, "activity_lines": [ 39.026483, 38.653364, 37.371904, 36.156348 ] }, { "date": "2025-08-29", "close": 38.902792, "volume": 64851, "typical_volume": 69128.95, "trend": 35.213355, "fair_value": 28.179172, "relative_strength": 0.258177, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.431201, "energy": 66.240825, "activity_lines": [ 39.031268, 38.780512, 37.658128, 36.402787 ] }, { "date": "2025-09-05", "close": 39.169253, "volume": 42873, "typical_volume": 68299.9, "trend": 35.347291, "fair_value": 28.302509, "relative_strength": -0.030561, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.818112, "energy": 63.049849, "activity_lines": [ 39.114678, 38.900142, 37.931223, 36.658006 ] }, { "date": "2025-09-12", "close": 40.056559, "volume": 49386, "typical_volume": 66983.6, "trend": 35.476664, "fair_value": 28.439185, "relative_strength": 0.39808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.764111, "energy": 67.126212, "activity_lines": [ 39.410101, 39.150242, 38.245539, 36.96183 ] }, { "date": "2025-09-19", "close": 40.931105, "volume": 350880, "typical_volume": 81773.65, "trend": 35.659715, "fair_value": 28.58669, "relative_strength": 0.4165, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.541164, "energy": 70.647855, "activity_lines": [ 39.948007, 39.522145, 38.604929, 37.313729 ] }, { "date": "2025-09-26", "close": 40.879547, "volume": 76575, "typical_volume": 79153.65, "trend": 35.879829, "fair_value": 28.737319, "relative_strength": 0.739183, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.185775, "energy": 75.076128, "activity_lines": [ 40.368875, 39.829575, 38.922006, 37.650492 ] }, { "date": "2025-10-03", "close": 41.436862, "volume": 52223, "typical_volume": 78169.1, "trend": 36.154649, "fair_value": 28.890278, "relative_strength": 0.87679, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.451963, "energy": 86.930384, "activity_lines": [ 40.851879, 40.192979, 39.254767, 38.009011 ] }, { "date": "2025-10-10", "close": 40.565615, "volume": 83380, "typical_volume": 80549.85, "trend": 36.425499, "fair_value": 29.041032, "relative_strength": 1.040378, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.179053, "energy": 67.073769, "activity_lines": [ 40.875529, 40.349119, 39.475789, 38.293589 ] }, { "date": "2025-10-17", "close": 41.562096, "volume": 95800, "typical_volume": 83704.95, "trend": 36.725044, "fair_value": 29.191953, "relative_strength": 1.041564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.005016, "energy": 68.4752, "activity_lines": [ 41.138248, 40.638207, 39.76288, 38.624982 ] }, { "date": "2025-10-24", "close": 42.431247, "volume": 61644, "typical_volume": 84767.2, "trend": 37.083662, "fair_value": 29.344989, "relative_strength": 0.94493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.973234, "energy": 70.864959, "activity_lines": [ 41.590316, 41.044576, 40.102487, 38.993124 ] }, { "date": "2025-10-31", "close": 43.439203, "volume": 105482, "typical_volume": 87817.2, "trend": 37.577438, "fair_value": 29.511461, "relative_strength": 1.353512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.890142, "energy": 73.349866, "activity_lines": [ 42.278359, 41.579702, 40.507435, 39.403159 ] }, { "date": "2025-11-07", "close": 42.001162, "volume": 124616, "typical_volume": 91770.55, "trend": 37.950262, "fair_value": 29.658284, "relative_strength": 1.088818, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.409245, "energy": 64.287573, "activity_lines": [ 42.316411, 41.773109, 40.738931, 39.688561 ] }, { "date": "2025-11-14", "close": 42.031298, "volume": 111014, "typical_volume": 88938.95, "trend": 38.348651, "fair_value": 29.806665, "relative_strength": 1.286661, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.976932, "energy": 58.991243, "activity_lines": [ 42.326889, 41.91566, 40.943886, 39.951854 ] }, { "date": "2025-11-21", "close": 40.571203, "volume": 180533, "typical_volume": 90846.5, "trend": 38.633319, "fair_value": 29.94451, "relative_strength": 0.871815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.113166, "energy": 45.012731, "activity_lines": [ 41.752956, 41.740702, 40.988073, 40.095244 ] }, { "date": "2025-11-28", "close": 42.423364, "volume": 113737, "typical_volume": 93626.7, "trend": 38.944876, "fair_value": 30.09187, "relative_strength": 0.499038, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.813542, "energy": 35.885621, "activity_lines": [ 41.86247, 41.893144, 41.196461, 40.339763 ] }, { "date": "2025-12-05", "close": 42.958625, "volume": 105643, "typical_volume": 95519.85, "trend": 39.275935, "fair_value": 30.246904, "relative_strength": 0.734754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.675889, "energy": 42.115956, "activity_lines": [ 42.15093, 42.115774, 41.43429, 40.598715 ] }, { "date": "2025-12-12", "close": 42.135276, "volume": 89331, "typical_volume": 97674.3, "trend": 39.500558, "fair_value": 30.399865, "relative_strength": 0.69358, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.356832, "energy": 34.736058, "activity_lines": [ 42.196978, 42.150903, 41.571926, 40.783188 ] }, { "date": "2025-12-19", "close": 42.421168, "volume": 60888, "typical_volume": 98144.8, "trend": 39.76425, "fair_value": 30.557303, "relative_strength": 0.79121, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.912683, "energy": 40.505202, "activity_lines": [ 42.329383, 42.225314, 41.720668, 40.971615 ] }, { "date": "2025-12-26", "close": 43.033524, "volume": 631304, "typical_volume": 127177.85, "trend": 40.025121, "fair_value": 30.719107, "relative_strength": 0.971342, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.842786, "energy": 44.35671, "activity_lines": [ 42.639916, 42.377325, 41.906262, 41.182536 ] }, { "date": "2026-01-02", "close": 42.239981, "volume": 96466, "typical_volume": 127129.05, "trend": 40.23332, "fair_value": 30.874996, "relative_strength": 0.829054, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.219502, "energy": 35.617172, "activity_lines": [ 42.521779, 42.358302, 41.998602, 41.32543 ] }, { "date": "2026-01-09", "close": 43.119831, "volume": 126097, "typical_volume": 131136.15, "trend": 40.47815, "fair_value": 31.031433, "relative_strength": 0.681156, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.011403, "energy": 40.110994, "activity_lines": [ 42.709151, 42.502729, 42.161372, 41.511656 ] }, { "date": "2026-01-16", "close": 42.723858, "volume": 189382, "typical_volume": 137362.7, "trend": 40.708121, "fair_value": 31.184514, "relative_strength": 0.593186, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.944774, "energy": 35.696765, "activity_lines": [ 42.753785, 42.580968, 42.266931, 41.656541 ] }, { "date": "2026-01-23", "close": 42.913853, "volume": 181261, "typical_volume": 144282.1, "trend": 40.889516, "fair_value": 31.333333, "relative_strength": 0.774643, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.529787, "energy": 33.737606, "activity_lines": [ 42.822512, 42.680612, 42.372389, 41.798846 ] }, { "date": "2026-01-30", "close": 42.734946, "volume": 191162, "typical_volume": 151370.9, "trend": 41.047004, "fair_value": 31.476975, "relative_strength": 0.452513, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.207179, "energy": 32.365966, "activity_lines": [ 42.798757, 42.731681, 42.442978, 41.917906 ] }, { "date": "2026-02-06", "close": 41.727834, "volume": 114470, "typical_volume": 139550.4, "trend": 41.174577, "fair_value": 31.616707, "relative_strength": 0.026294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 29.716771, "energy": 16.966801, "activity_lines": [ 42.459204, 42.560297, 42.404896, 41.96183 ] }, { "date": "2026-02-13", "close": 40.958265, "volume": 234281, "typical_volume": 147435.7, "trend": 41.260355, "fair_value": 31.751038, "relative_strength": -0.571192, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.038828, "energy": 7.321125, "activity_lines": [ 41.897271, 42.261638, 42.289729, 41.947875 ] }, { "date": "2026-02-20", "close": 41.554022, "volume": 78502, "typical_volume": 148749.65, "trend": 41.353827, "fair_value": 31.892778, "relative_strength": -0.282022, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.468676, "energy": 15.34259, "activity_lines": [ 41.678028, 42.107669, 42.230925, 41.966821 ] }, { "date": "2026-02-27", "close": 41.357534, "volume": 132614, "typical_volume": 151211.35, "trend": 41.468648, "fair_value": 32.030047, "relative_strength": -0.513893, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.356291, "energy": 18.202548, "activity_lines": [ 41.471278, 41.928543, 42.15285, 41.96706 ] }, { "date": "2026-03-06", "close": 40.948775, "volume": 85315, "typical_volume": 150687.1, "trend": 41.522904, "fair_value": 32.169264, "relative_strength": -0.271273, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.471826, "energy": 36.445503, "activity_lines": [ 41.232029, 41.694435, 42.032075, 41.93352 ] }, { "date": "2026-03-13", "close": 40.513745, "volume": 84131, "typical_volume": 151811.45, "trend": 41.558918, "fair_value": 32.298345, "relative_strength": -0.336113, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.729701, "energy": 43.873164, "activity_lines": [ 40.966849, 41.419136, 41.872789, 41.868413 ] }, { "date": "2026-03-20", "close": 39.813002, "volume": 64559, "typical_volume": 149765.3, "trend": 41.585185, "fair_value": 32.420167, "relative_strength": -0.106756, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.08327, "energy": 55.377803, "activity_lines": [ 40.549027, 41.047816, 41.655897, 41.755773 ] }, { "date": "2026-03-27", "close": 38.5, "volume": 114130, "typical_volume": 149241.0, "trend": 41.571758, "fair_value": 32.52947, "relative_strength": -0.19665, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.929658, "energy": 76.494636, "activity_lines": [ 39.769888, 40.497891, 41.331224, 41.556729 ] }, { "date": "2026-04-03", "close": 40.1351, "volume": 132044, "typical_volume": 150292.5, "trend": 41.603953, "fair_value": 32.650437, "relative_strength": 0.042395, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.070547, "energy": 64.59029, "activity_lines": [ 39.739385, 40.322055, 41.178947, 41.464042 ] }, { "date": "2026-04-10", "close": 41.9681, "volume": 131925, "typical_volume": 147862.1, "trend": 41.667671, "fair_value": 32.783171, "relative_strength": 0.129904, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.67833, "energy": 33.142721, "activity_lines": [ 40.401377, 40.530015, 41.210272, 41.487535 ] }, { "date": "2026-04-17", "close": 44.6086, "volume": 110556, "typical_volume": 147703.05, "trend": 41.790255, "fair_value": 32.933588, "relative_strength": 0.21329, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 17.448753, "energy": 14.690544, "activity_lines": [ 41.87558, 41.232008, 41.48642, 41.677272 ] }, { "date": "2026-04-24", "close": 45.690938, "volume": 77068, "typical_volume": 146274.3, "trend": 41.950634, "fair_value": 33.088627, "relative_strength": 0.409215, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.684417, "energy": 41.973368, "activity_lines": [ 43.437573, 42.078412, 41.855243, 41.928929 ] }, { "date": "2026-05-01", "close": 46.290045, "volume": 109840, "typical_volume": 147299.75, "trend": 42.112407, "fair_value": 33.247317, "relative_strength": 0.155049, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.263177, "energy": 75.939242, "activity_lines": [ 44.807405, 42.947697, 42.268112, 42.208891 ] }, { "date": "2026-05-08", "close": 48.974285, "volume": 97469, "typical_volume": 149128.8, "trend": 42.392696, "fair_value": 33.422754, "relative_strength": 0.412316, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.37002, "energy": 95.064612, "activity_lines": [ 46.552648, 44.218915, 42.916838, 42.651593 ] }, { "date": "2026-05-15", "close": 49.032628, "volume": 99060, "typical_volume": 122516.6, "trend": 42.641714, "fair_value": 33.59358, "relative_strength": 0.828683, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.887348, "energy": 94.105644, "activity_lines": [ 47.728059, 45.362255, 43.539916, 43.079976 ] }, { "date": "2026-05-22", "close": 49.673093, "volume": 62549, "typical_volume": 120820.75, "trend": 42.883109, "fair_value": 33.762542, "relative_strength": 0.885861, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.873516, "energy": 92.992634, "activity_lines": [ 48.645991, 46.475064, 44.195423, 43.533613 ] }, { "date": "2026-05-29", "close": 51.066813, "volume": 78276, "typical_volume": 118429.7, "trend": 43.137362, "fair_value": 33.93808, "relative_strength": 0.767875, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 85.345463, "energy": 94.246916, "activity_lines": [ 49.690862, 47.674743, 44.94827, 44.061594 ] }, { "date": "2026-06-05", "close": 48.918341, "volume": 83199, "typical_volume": 113120.55, "trend": 43.367935, "fair_value": 34.100177, "relative_strength": 1.046402, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.740209, "energy": 81.640296, "activity_lines": [ 49.661185, 48.279176, 45.458658, 44.43456 ] }, { "date": "2026-06-12", "close": 49.934934, "volume": 151840, "typical_volume": 111649.5, "trend": 43.631389, "fair_value": 34.262635, "relative_strength": 0.787741, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.672897, "energy": 66.221997, "activity_lines": [ 49.795152, 48.879019, 46.036366, 44.858238 ] }, { "date": "2026-06-19", "close": 51.29169, "volume": 91212, "typical_volume": 106652.0, "trend": 43.988739, "fair_value": 34.436604, "relative_strength": 0.802857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.484901, "energy": 68.684087, "activity_lines": [ 50.317329, 49.547367, 46.709856, 45.352451 ] }, { "date": "2026-06-26", "close": 49.1081, "volume": 145278, "typical_volume": 108192.4, "trend": 44.211564, "fair_value": 34.593037, "relative_strength": 1.033127, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.206747, "energy": 57.080167, "activity_lines": [ 49.961037, 49.649178, 47.134638, 45.682732 ] }, { "date": "2026-07-03", "close": 49.4448, "volume": 78383, "typical_volume": 100397.5, "trend": 44.427769, "fair_value": 34.75346, "relative_strength": 0.835414, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.790109, "energy": 52.409628, "activity_lines": [ 49.754645, 49.730399, 47.556342, 46.02036 ] }, { "date": "2026-07-10", "close": 50.4074, "volume": 250979, "typical_volume": 109021.35, "trend": 44.703507, "fair_value": 34.914367, "relative_strength": 0.945606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.160868, "energy": 52.749774, "activity_lines": [ 49.977254, 49.918386, 48.029311, 46.406143 ] }, { "date": "2026-07-17", "close": 48.4477, "volume": 91162, "typical_volume": 106948.75, "trend": 44.904391, "fair_value": 35.063786, "relative_strength": 1.202997, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 46.661989, "energy": 36.611046, "activity_lines": [ 49.447359, 49.675202, 48.273483, 46.647704 ] }, { "date": "2026-07-24", "close": 47.6793, "volume": 116359, "typical_volume": 108500.95, "trend": 45.05925, "fair_value": 35.20474, "relative_strength": 1.184982, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.972595, "energy": 27.837772, "activity_lines": [ 48.76048, 49.301884, 48.410711, 46.82673 ] }, { "date": "2026-07-31", "close": 48.0554, "volume": 74152, "typical_volume": 108002.0, "trend": 45.253098, "fair_value": 35.35354, "relative_strength": 1.393308, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.40048, "energy": 20.582946, "activity_lines": [ 48.439793, 49.021554, 48.551708, 47.02003 ] }, { "date": "2026-08-07", "close": 50.4242, "volume": 113858, "typical_volume": 110466.95, "trend": 45.496577, "fair_value": 35.520608, "relative_strength": 1.205627, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.997567, "energy": 25.343183, "activity_lines": [ 48.978887, 49.201327, 48.882393, 47.353649 ] } ], "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." } } }