{ "ticker": { "uuid": "7cec39fd-bbda-4298-87d1-7f0852da227f", "symbol": "YDEC", "name": "FT VEST INTERNATIONAL EQUITY MODERATE BUFFER ETF - DECEMBER", "exchange": "CBOE", "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": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 48.034, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 82.715, "architecture_energy": 74.001, "architecture_maturity": 33.272, "architecture_confidence": 73.627, "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": 10.26, "rotation_up": 70.17, "upward_expansion": 90.55, "deceleration": 45.09, "rotation_down": 17.57, "downward_expansion": 14.88 }, "activity_lines": [ 27.87446, 27.731558, 27.515728, 27.301284 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 28.19, "trend_reference": 27.08244, "distance_from_trend": 0.040896, "trend_direction": "Improving", "fair_value": 24.392546, "distance_from_fair_value": 0.155681, "fair_value_direction": "Improving", "relative_strength": -5.406665, "relative_strength_direction": "Improving", "price_momentum": 0.043301, "excess_performance": -0.082324, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.040896, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.01905, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.155681, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.016963, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.054067, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.011806, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.043301, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.297705, "read": "Demand-led" } ], "volume": { "latest": 69196, "relative_activity": 1.199025, "balance": 1.297705, "dry_up": 0.709151, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.012737, "annualized_volatility": 0.082913, "from_high_reference": -0.001208, "from_low_reference": 0.116436 }, "levels": { "trend_reference": 27.08244, "fair_value_reference": 24.392546, "structural_low": 25.695, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 33, "median_return": 0.00671, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.009742, "regime_survival": 0.818182, "best_return": 0.057792, "worst_return": -0.038117, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 12, "median_return": 0.026827, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.045464, "regime_survival": 0.666667, "best_return": 0.053423, "worst_return": -0.065396, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": 0.058637, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.082562, "regime_survival": 0.5, "best_return": 0.086006, "worst_return": -0.043433, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.120687, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.201355, "regime_survival": 0.333333, "best_return": 0.139517, "worst_return": -0.007049, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-05-24", "end": "2024-06-28", "tenure": "Developing", "return": -0.010703, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-05", "end": "2024-07-12", "tenure": "New", "return": 0.013456, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2024-08-02", "tenure": "New", "return": -0.022241, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-09", "end": "2024-08-23", "tenure": "New", "return": 0.051412, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-08-30", "end": "2024-11-15", "tenure": "Developing", "return": -0.065207, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-11-22", "end": "2024-12-13", "tenure": "New", "return": 0.010079, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-12-20", "end": "2025-02-14", "tenure": "Developing", "return": 0.049424, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-02-21", "end": "2025-03-07", "tenure": "New", "return": 0.016726, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-14", "end": "2025-03-28", "tenure": "New", "return": -0.005284, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": 0.035229, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-02", "tenure": "New", "return": 0.029971, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-09", "end": "2026-03-13", "tenure": "Extended", "return": 0.076923, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.048553, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.043688, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 21.293, "volume": 31838, "typical_volume": 46536.3, "trend": 21.541183, "fair_value": 20.619932, "relative_strength": -3.873294, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 10.960644, "energy": 9.140843, "activity_lines": [ 21.786253, 21.900524, 21.871843, 21.73754 ] }, { "date": "2023-08-25", "close": 21.3814, "volume": 77957, "typical_volume": 47820.25, "trend": 21.545887, "fair_value": 20.625371, "relative_strength": -4.284643, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -2.409051, "energy": 18.818679, "activity_lines": [ 21.594173, 21.800451, 21.829783, 21.727231 ] }, { "date": "2023-09-01", "close": 21.71, "volume": 10969, "typical_volume": 42424.9, "trend": 21.56288, "fair_value": 20.633063, "relative_strength": -5.256042, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.964464, "energy": 20.665582, "activity_lines": [ 21.572853, 21.773918, 21.819251, 21.737819 ] }, { "date": "2023-09-08", "close": 21.3904, "volume": 10420, "typical_volume": 36190.45, "trend": 21.572427, "fair_value": 20.638396, "relative_strength": -5.49815, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.747449, "energy": 28.835, "activity_lines": [ 21.492987, 21.687091, 21.7779, 21.726691 ] }, { "date": "2023-09-15", "close": 21.6705, "volume": 19776, "typical_volume": 31630.1, "trend": 21.58911, "fair_value": 20.645614, "relative_strength": -4.162998, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.184518, "energy": 25.485895, "activity_lines": [ 21.539993, 21.661836, 21.76508, 21.733019 ] }, { "date": "2023-09-22", "close": 21.2596, "volume": 69921, "typical_volume": 32847.9, "trend": 21.60567, "fair_value": 20.649878, "relative_strength": -3.20909, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.995393, "energy": 24.089338, "activity_lines": [ 21.463507, 21.560107, 21.713713, 21.71176 ] }, { "date": "2023-09-29", "close": 20.99, "volume": 66696, "typical_volume": 31870.75, "trend": 21.600437, "fair_value": 20.652223, "relative_strength": -3.796396, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -45.185174, "energy": 46.73677, "activity_lines": [ 21.29938, 21.427378, 21.639647, 21.672039 ] }, { "date": "2023-10-06", "close": 20.8817, "volume": 73812, "typical_volume": 34382.8, "trend": 21.607163, "fair_value": 20.653795, "relative_strength": -4.752691, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -45.370252, "energy": 57.028631, "activity_lines": [ 21.125247, 21.298773, 21.558838, 21.625669 ] }, { "date": "2023-10-13", "close": 20.8499, "volume": 718869, "typical_volume": 66999.3, "trend": 21.622107, "fair_value": 20.655129, "relative_strength": -5.319632, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -72.099305, "energy": 75.556111, "activity_lines": [ 20.995733, 21.192533, 21.479897, 21.576814 ] }, { "date": "2023-10-20", "close": 20.3898, "volume": 19464, "typical_volume": 66156.0, "trend": 21.610803, "fair_value": 20.653336, "relative_strength": -5.160516, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.349391, "energy": 83.838635, "activity_lines": [ 20.748887, 21.021604, 21.360471, 21.49731 ] }, { "date": "2023-10-27", "close": 20.175, "volume": 312004, "typical_volume": 81017.1, "trend": 21.571963, "fair_value": 20.650126, "relative_strength": -3.821425, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.757503, "energy": 87.782961, "activity_lines": [ 20.51582, 20.83858, 21.226827, 21.404677 ] }, { "date": "2023-11-03", "close": 21.1013, "volume": 95146, "typical_volume": 84839.25, "trend": 21.561, "fair_value": 20.653134, "relative_strength": -4.922759, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.054713, "energy": 66.922946, "activity_lines": [ 20.663827, 20.844302, 21.188778, 21.374312 ] }, { "date": "2023-11-10", "close": 20.9224, "volume": 31406, "typical_volume": 84975.65, "trend": 21.537413, "fair_value": 20.654917, "relative_strength": -6.907319, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.668399, "energy": 47.845582, "activity_lines": [ 20.74478, 20.822589, 21.138638, 21.333112 ] }, { "date": "2023-11-17", "close": 21.6962, "volume": 56161, "typical_volume": 87116.7, "trend": 21.534617, "fair_value": 20.661768, "relative_strength": -5.566517, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.499316, "energy": 15.851178, "activity_lines": [ 21.080953, 20.955887, 21.16537, 21.343356 ] }, { "date": "2023-11-24", "close": 21.8993, "volume": 10269, "typical_volume": 86395.85, "trend": 21.53814, "fair_value": 20.669856, "relative_strength": -5.538544, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -1.080196, "energy": 20.82279, "activity_lines": [ 21.428407, 21.120553, 21.212778, 21.366884 ] }, { "date": "2023-12-01", "close": 22.0801, "volume": 730717, "typical_volume": 122059.3, "trend": 21.544653, "fair_value": 20.679014, "relative_strength": -5.455813, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 33.765394, "energy": 39.418366, "activity_lines": [ 21.735493, 21.313931, 21.275853, 21.401849 ] }, { "date": "2023-12-08", "close": 22.0843, "volume": 53519, "typical_volume": 121555.0, "trend": 21.55613, "fair_value": 20.68808, "relative_strength": -5.521414, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.592516, "energy": 44.053637, "activity_lines": [ 21.916973, 21.493155, 21.34014, 21.436665 ] }, { "date": "2023-12-15", "close": 22.5, "volume": 129859, "typical_volume": 127039.85, "trend": 21.575797, "fair_value": 20.699695, "relative_strength": -5.824875, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.504173, "energy": 67.894685, "activity_lines": [ 22.171487, 21.728064, 21.445043, 21.49756 ] }, { "date": "2023-12-22", "close": 22.6536, "volume": 645558, "typical_volume": 158726.4, "trend": 21.61258, "fair_value": 20.716417, "relative_strength": -5.873062, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 44.589899, "energy": 72.003449, "activity_lines": [ 22.372027, 21.961476, 21.56424, 21.567096 ] }, { "date": "2023-12-29", "close": 22.7491, "volume": 444696, "typical_volume": 180452.85, "trend": 21.647553, "fair_value": 20.732821, "relative_strength": -5.629123, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.488763, "energy": 74.451079, "activity_lines": [ 22.540573, 22.179458, 21.688911, 21.64042 ] }, { "date": "2024-01-05", "close": 22.51, "volume": 230446, "typical_volume": 190383.25, "trend": 21.673753, "fair_value": 20.745288, "relative_strength": -4.950824, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.481085, "energy": 78.134103, "activity_lines": [ 22.572767, 22.311071, 21.786637, 21.696062 ] }, { "date": "2024-01-12", "close": 22.6698, "volume": 294748, "typical_volume": 201222.8, "trend": 21.69141, "fair_value": 20.759701, "relative_strength": -5.828189, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.164329, "energy": 74.99089, "activity_lines": [ 22.629567, 22.429284, 21.893787, 21.760323 ] }, { "date": "2024-01-19", "close": 22.37, "volume": 337500, "typical_volume": 217549.35, "trend": 21.717417, "fair_value": 20.771602, "relative_strength": -7.915944, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.930655, "energy": 53.84939, "activity_lines": [ 22.5474, 22.464469, 21.966249, 21.804103 ] }, { "date": "2024-01-26", "close": 22.69, "volume": 868520, "typical_volume": 260454.35, "trend": 21.74122, "fair_value": 20.78877, "relative_strength": -7.319159, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.93879, "energy": 51.466831, "activity_lines": [ 22.580567, 22.531516, 22.066044, 21.86685 ] }, { "date": "2024-02-02", "close": 22.69, "volume": 172708, "typical_volume": 268100.95, "trend": 21.77844, "fair_value": 20.802808, "relative_strength": -8.399271, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.183203, "energy": 52.581664, "activity_lines": [ 22.611307, 22.580495, 22.15965, 21.928062 ] }, { "date": "2024-02-09", "close": 22.72, "volume": 312869, "typical_volume": 280248.35, "trend": 21.794087, "fair_value": 20.815853, "relative_strength": -9.281719, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.87371, "energy": 51.228539, "activity_lines": [ 22.655987, 22.620551, 22.25126, 21.988807 ] }, { "date": "2024-02-16", "close": 22.78, "volume": 248266, "typical_volume": 289326.85, "trend": 21.810093, "fair_value": 20.829058, "relative_strength": -8.481779, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.547408, "energy": 62.692219, "activity_lines": [ 22.706667, 22.659882, 22.341629, 22.052415 ] }, { "date": "2024-02-23", "close": 23.0878, "volume": 46260, "typical_volume": 287949.25, "trend": 21.832027, "fair_value": 20.846339, "relative_strength": -8.495777, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.412118, "energy": 75.024177, "activity_lines": [ 22.8526, 22.742527, 22.452788, 22.134847 ] }, { "date": "2024-03-01", "close": 23.17, "volume": 69035, "typical_volume": 255457.55, "trend": 21.874593, "fair_value": 20.863594, "relative_strength": -8.784894, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.31489, "energy": 77.337599, "activity_lines": [ 22.97808, 22.829431, 22.561271, 22.221168 ] }, { "date": "2024-03-08", "close": 23.41, "volume": 151351, "typical_volume": 262051.9, "trend": 21.92584, "fair_value": 20.880804, "relative_strength": -7.324946, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.024843, "energy": 83.257318, "activity_lines": [ 23.15156, 22.950582, 22.681563, 22.320227 ] }, { "date": "2024-03-15", "close": 23.34, "volume": 167431, "typical_volume": 254823.25, "trend": 21.994073, "fair_value": 20.897377, "relative_strength": -7.286078, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.874311, "energy": 84.654983, "activity_lines": [ 23.253707, 23.046989, 22.780806, 22.411463 ] }, { "date": "2024-03-22", "close": 23.48, "volume": 54449, "typical_volume": 252788.4, "trend": 22.064027, "fair_value": 20.914503, "relative_strength": -8.477931, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.098268, "energy": 84.44885, "activity_lines": [ 23.361187, 23.15376, 22.878311, 22.507329 ] }, { "date": "2024-03-29", "close": 23.52, "volume": 41307, "typical_volume": 253283.45, "trend": 22.12436, "fair_value": 20.931257, "relative_strength": -8.364438, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.800178, "energy": 85.387276, "activity_lines": [ 23.435333, 23.253073, 22.968299, 22.601263 ] }, { "date": "2024-04-05", "close": 23.42, "volume": 126914, "typical_volume": 256821.1, "trend": 22.192013, "fair_value": 20.946103, "relative_strength": -7.649278, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.555427, "energy": 74.219911, "activity_lines": [ 23.447333, 23.313295, 23.036393, 22.684852 ] }, { "date": "2024-04-12", "close": 23.05, "volume": 150958, "typical_volume": 263855.55, "trend": 22.237997, "fair_value": 20.957289, "relative_strength": -7.465523, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.307398, "energy": 53.986737, "activity_lines": [ 23.319333, 23.292971, 23.061041, 22.740206 ] }, { "date": "2024-04-19", "close": 22.8329, "volume": 43698, "typical_volume": 229504.6, "trend": 22.29044, "fair_value": 20.967277, "relative_strength": -5.152166, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.045975, "energy": 34.298302, "activity_lines": [ 23.142967, 23.226629, 23.059533, 22.778587 ] }, { "date": "2024-04-26", "close": 23.1801, "volume": 22330, "typical_volume": 227945.15, "trend": 22.363443, "fair_value": 20.980668, "relative_strength": -5.910565, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.932534, "energy": 23.746862, "activity_lines": [ 23.11614, 23.221362, 23.087507, 22.835985 ] }, { "date": "2024-05-03", "close": 23.35, "volume": 34824, "typical_volume": 223193.4, "trend": 22.44572, "fair_value": 20.992783, "relative_strength": -5.477316, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.997866, "energy": 25.326806, "activity_lines": [ 23.16594, 23.239711, 23.126443, 22.899634 ] }, { "date": "2024-05-10", "close": 23.6633, "volume": 93220, "typical_volume": 195576.5, "trend": 22.5395, "fair_value": 21.007675, "relative_strength": -5.659191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 71.168643, "energy": 41.632794, "activity_lines": [ 23.331507, 23.310256, 23.19117, 22.978187 ] }, { "date": "2024-05-17", "close": 23.9351, "volume": 35388, "typical_volume": 175111.1, "trend": 22.657677, "fair_value": 21.024057, "relative_strength": -5.830555, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 81.699966, "energy": 66.000483, "activity_lines": [ 23.571453, 23.421251, 23.276975, 23.068226 ] }, { "date": "2024-05-24", "close": 23.825, "volume": 53806, "typical_volume": 166279.1, "trend": 22.779343, "fair_value": 21.038576, "relative_strength": -5.996316, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.223901, "energy": 76.529992, "activity_lines": [ 23.715693, 23.50268, 23.346647, 23.143537 ] }, { "date": "2024-05-31", "close": 23.854, "volume": 129950, "typical_volume": 158039.2, "trend": 22.8711, "fair_value": 21.052476, "relative_strength": -5.275898, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.032362, "energy": 79.133286, "activity_lines": [ 23.80346, 23.580564, 23.412818, 23.21287 ] }, { "date": "2024-06-07", "close": 23.8781, "volume": 71663, "typical_volume": 144747.35, "trend": 22.969623, "fair_value": 21.06624, "relative_strength": -6.111387, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.581061, "energy": 78.894977, "activity_lines": [ 23.854333, 23.656029, 23.475646, 23.277837 ] }, { "date": "2024-06-14", "close": 23.45, "volume": 29930, "typical_volume": 102817.85, "trend": 23.028083, "fair_value": 21.079344, "relative_strength": -9.000789, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.71284, "energy": 46.502699, "activity_lines": [ 23.7273, 23.647147, 23.49052, 23.308829 ] }, { "date": "2024-06-21", "close": 23.43, "volume": 87169, "typical_volume": 98540.9, "trend": 23.079107, "fair_value": 21.090828, "relative_strength": -9.38442, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 44.737596, "energy": 30.593533, "activity_lines": [ 23.60782, 23.634084, 23.499871, 23.33476 ] }, { "date": "2024-06-28", "close": 23.57, "volume": 587714, "typical_volume": 112283.15, "trend": 23.12877, "fair_value": 21.103712, "relative_strength": -8.536471, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.151616, "energy": 22.144792, "activity_lines": [ 23.56868, 23.639565, 23.519032, 23.36643 ] }, { "date": "2024-07-05", "close": 23.959, "volume": 31968, "typical_volume": 101468.25, "trend": 23.19126, "fair_value": 21.118893, "relative_strength": -8.525211, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.373621, "energy": 28.19663, "activity_lines": [ 23.676207, 23.702373, 23.571192, 23.419993 ] }, { "date": "2024-07-12", "close": 24.2814, "volume": 87148, "typical_volume": 103512.65, "trend": 23.25064, "fair_value": 21.137427, "relative_strength": -7.922714, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 76.66843, "energy": 47.951827, "activity_lines": [ 23.8842, 23.809636, 23.648443, 23.490325 ] }, { "date": "2024-07-19", "close": 23.83, "volume": 239985, "typical_volume": 112060.15, "trend": 23.289853, "fair_value": 21.152074, "relative_strength": -7.574612, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.764491, "energy": 50.497556, "activity_lines": [ 23.91484, 23.817893, 23.67702, 23.527703 ] }, { "date": "2024-07-26", "close": 23.78, "volume": 39428, "typical_volume": 106464.0, "trend": 23.324217, "fair_value": 21.166058, "relative_strength": -6.764796, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.870369, "energy": 47.41682, "activity_lines": [ 23.90348, 23.814027, 23.697692, 23.559325 ] }, { "date": "2024-08-02", "close": 23.3, "volume": 60222, "typical_volume": 101103.55, "trend": 23.35055, "fair_value": 21.176218, "relative_strength": -6.439409, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.339534, "energy": 16.244123, "activity_lines": [ 23.708787, 23.725709, 23.670888, 23.557763 ] }, { "date": "2024-08-09", "close": 23.4069, "volume": 395400, "typical_volume": 118151.1, "trend": 23.37512, "fair_value": 21.185846, "relative_strength": -5.799087, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.828486, "energy": 14.213265, "activity_lines": [ 23.567727, 23.666373, 23.654455, 23.561398 ] }, { "date": "2024-08-16", "close": 24.0357, "volume": 110254, "typical_volume": 121598.45, "trend": 23.430643, "fair_value": 21.201431, "relative_strength": -6.754141, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 41.804319, "energy": 20.800919, "activity_lines": [ 23.673073, 23.729493, 23.698256, 23.604017 ] }, { "date": "2024-08-23", "close": 24.6103, "volume": 17518, "typical_volume": 116128.65, "trend": 23.494653, "fair_value": 21.219472, "relative_strength": -5.638542, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.476598, "energy": 35.94981, "activity_lines": [ 23.986333, 23.89422, 23.794325, 23.680123 ] }, { "date": "2024-08-30", "close": 24.68, "volume": 42512, "typical_volume": 110706.35, "trend": 23.560987, "fair_value": 21.236522, "relative_strength": -5.435125, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.183796, "energy": 71.100856, "activity_lines": [ 24.270807, 24.050524, 23.891364, 23.756597 ] }, { "date": "2024-09-06", "close": 23.97, "volume": 210517, "typical_volume": 119047.3, "trend": 23.602653, "fair_value": 21.250016, "relative_strength": -4.01937, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.392713, "energy": 64.237107, "activity_lines": [ 24.258613, 24.055009, 23.913022, 23.782985 ] }, { "date": "2024-09-13", "close": 24.3377, "volume": 27923, "typical_volume": 119326.95, "trend": 23.654577, "fair_value": 21.266403, "relative_strength": -6.063384, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.957734, "energy": 65.755443, "activity_lines": [ 24.32432, 24.119076, 23.964284, 23.830408 ] }, { "date": "2024-09-20", "close": 24.5183, "volume": 154795, "typical_volume": 125325.5, "trend": 23.70226, "fair_value": 21.284026, "relative_strength": -6.422996, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.482095, "energy": 58.373623, "activity_lines": [ 24.388173, 24.209095, 24.027234, 23.886132 ] }, { "date": "2024-09-27", "close": 24.8575, "volume": 37274, "typical_volume": 122528.2, "trend": 23.75851, "fair_value": 21.306265, "relative_strength": -5.415615, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.058926, "energy": 47.855324, "activity_lines": [ 24.53292, 24.356478, 24.116926, 23.960663 ] }, { "date": "2024-10-04", "close": 24.5725, "volume": 39775, "typical_volume": 122747.55, "trend": 23.79726, "fair_value": 21.326939, "relative_strength": -6.496696, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.391539, "energy": 48.005645, "activity_lines": [ 24.566187, 24.433362, 24.173788, 24.013179 ] }, { "date": "2024-10-11", "close": 24.547, "volume": 27982, "typical_volume": 121456.35, "trend": 23.837493, "fair_value": 21.344771, "relative_strength": -7.400303, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.056627, "energy": 46.954697, "activity_lines": [ 24.59812, 24.4912, 24.225186, 24.061549 ] }, { "date": "2024-10-18", "close": 24.39, "volume": 58550, "typical_volume": 117886.35, "trend": 23.867827, "fair_value": 21.360842, "relative_strength": -8.4985, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.871289, "energy": 39.551818, "activity_lines": [ 24.539253, 24.49782, 24.258193, 24.097195 ] }, { "date": "2024-10-25", "close": 23.91, "volume": 28467, "typical_volume": 115726.55, "trend": 23.880827, "fair_value": 21.373702, "relative_strength": -9.113697, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 27.779268, "energy": 16.118641, "activity_lines": [ 24.3169, 24.399293, 24.242934, 24.099916 ] }, { "date": "2024-11-01", "close": 23.7388, "volume": 24283, "typical_volume": 115444.2, "trend": 23.891453, "fair_value": 21.383812, "relative_strength": -8.203822, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 9.133943, "energy": 14.443013, "activity_lines": [ 24.078033, 24.271924, 24.211219, 24.090753 ] }, { "date": "2024-11-08", "close": 23.6169, "volume": 48778, "typical_volume": 113524.65, "trend": 23.91035, "fair_value": 21.393453, "relative_strength": -12.498802, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -25.55835, "energy": 28.942015, "activity_lines": [ 23.873113, 24.138236, 24.166518, 24.07304 ] }, { "date": "2024-11-15", "close": 23.0707, "volume": 42338, "typical_volume": 86255.85, "trend": 23.918277, "fair_value": 21.401296, "relative_strength": -12.356177, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -43.658738, "energy": 51.509609, "activity_lines": [ 23.549833, 23.924569, 24.068909, 24.018869 ] }, { "date": "2024-11-22", "close": 23.117, "volume": 17159, "typical_volume": 85515.4, "trend": 23.916173, "fair_value": 21.414744, "relative_strength": -13.250893, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.568217, "energy": 65.93816, "activity_lines": [ 23.340407, 23.735671, 23.978086, 23.967173 ] }, { "date": "2024-11-29", "close": 23.435, "volume": 15939, "typical_volume": 81954.95, "trend": 23.919007, "fair_value": 21.430506, "relative_strength": -12.715443, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -37.191818, "energy": 63.710802, "activity_lines": [ 23.321847, 23.626785, 23.921559, 23.93613 ] }, { "date": "2024-12-06", "close": 23.7426, "volume": 28852, "typical_volume": 71398.3, "trend": 23.92165, "fair_value": 21.445378, "relative_strength": -11.97122, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -34.302216, "energy": 54.816005, "activity_lines": [ 23.437487, 23.593524, 23.898358, 23.924749 ] }, { "date": "2024-12-13", "close": 23.35, "volume": 185522, "typical_volume": 78703.0, "trend": 23.902147, "fair_value": 21.460241, "relative_strength": -12.541519, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -62.79117, "energy": 44.234484, "activity_lines": [ 23.422007, 23.509151, 23.838182, 23.887868 ] }, { "date": "2024-12-20", "close": 22.56, "volume": 232735, "typical_volume": 87328.65, "trend": 23.85998, "fair_value": 21.468831, "relative_strength": -13.534425, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.682272, "energy": 54.190032, "activity_lines": [ 23.160987, 23.303369, 23.704816, 23.801278 ] }, { "date": "2024-12-27", "close": 22.66, "volume": 113602, "typical_volume": 73238.75, "trend": 23.82018, "fair_value": 21.477869, "relative_strength": -13.322113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.491153, "energy": 68.442999, "activity_lines": [ 22.967347, 23.151896, 23.584497, 23.72386 ] }, { "date": "2025-01-03", "close": 22.5853, "volume": 190212, "typical_volume": 77236.65, "trend": 23.777087, "fair_value": 21.486614, "relative_strength": -12.757678, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.676352, "energy": 82.811914, "activity_lines": [ 22.779273, 23.018296, 23.460621, 23.64419 ] }, { "date": "2025-01-10", "close": 22.51, "volume": 68897, "typical_volume": 79805.6, "trend": 23.745753, "fair_value": 21.494496, "relative_strength": -10.964339, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.523877, "energy": 84.793284, "activity_lines": [ 22.622747, 22.895091, 23.33648, 23.562443 ] }, { "date": "2025-01-17", "close": 22.795, "volume": 249297, "typical_volume": 90144.85, "trend": 23.724587, "fair_value": 21.506772, "relative_strength": -12.073238, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.295888, "energy": 74.336097, "activity_lines": [ 22.643393, 22.846045, 23.249483, 23.501104 ] }, { "date": "2025-01-24", "close": 23.2445, "volume": 98788, "typical_volume": 84558.4, "trend": 23.713737, "fair_value": 21.523985, "relative_strength": -11.521977, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.131082, "energy": 46.735348, "activity_lines": [ 22.850873, 22.893671, 23.214272, 23.470131 ] }, { "date": "2025-01-31", "close": 23.2662, "volume": 62246, "typical_volume": 86274.55, "trend": 23.690643, "fair_value": 21.539553, "relative_strength": -10.221645, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -43.85727, "energy": 30.298934, "activity_lines": [ 23.019953, 22.942082, 23.184583, 23.441257 ] }, { "date": "2025-02-07", "close": 23.3093, "volume": 39912, "typical_volume": 80530.4, "trend": 23.65824, "fair_value": 21.555736, "relative_strength": -9.610996, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.729097, "energy": 25.928301, "activity_lines": [ 23.162987, 22.995616, 23.1641, 23.416654 ] }, { "date": "2025-02-14", "close": 23.675, "volume": 68721, "typical_volume": 82102.75, "trend": 23.653073, "fair_value": 21.574872, "relative_strength": -9.238319, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.214335, "energy": 22.899629, "activity_lines": [ 23.379653, 23.117927, 23.184204, 23.417736 ] }, { "date": "2025-02-21", "close": 23.6225, "volume": 27256, "typical_volume": 81476.8, "trend": 23.647823, "fair_value": 21.594534, "relative_strength": -7.689573, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 0.560933, "energy": 20.53211, "activity_lines": [ 23.501153, 23.231922, 23.204938, 23.415763 ] }, { "date": "2025-02-28", "close": 23.6244, "volume": 28363, "typical_volume": 81495.85, "trend": 23.658637, "fair_value": 21.620734, "relative_strength": -6.534457, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.737249, "energy": 22.571654, "activity_lines": [ 23.56812, 23.341307, 23.230377, 23.414252 ] }, { "date": "2025-03-07", "close": 24.0176, "volume": 34668, "typical_volume": 80301.75, "trend": 23.678993, "fair_value": 21.649868, "relative_strength": -1.760445, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.383469, "energy": 43.980834, "activity_lines": [ 23.740827, 23.502831, 23.297657, 23.437411 ] }, { "date": "2025-03-14", "close": 23.9593, "volume": 159404, "typical_volume": 86848.6, "trend": 23.676447, "fair_value": 21.672825, "relative_strength": 0.450063, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 32.766592, "energy": 55.168514, "activity_lines": [ 23.844007, 23.629071, 23.361158, 23.455495 ] }, { "date": "2025-03-21", "close": 23.958, "volume": 32407, "typical_volume": 87254.8, "trend": 23.654703, "fair_value": 21.695775, "relative_strength": 0.077989, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.218534, "energy": 60.818288, "activity_lines": [ 23.90342, 23.730093, 23.4243, 23.47366 ] }, { "date": "2025-03-28", "close": 23.8327, "volume": 29927, "typical_volume": 86312.25, "trend": 23.62646, "fair_value": 21.717238, "relative_strength": 1.166474, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 27.653477, "energy": 53.121673, "activity_lines": [ 23.9022, 23.782005, 23.474466, 23.485144 ] }, { "date": "2025-04-04", "close": 22.45, "volume": 47014, "typical_volume": 86546.05, "trend": 23.575793, "fair_value": 21.731699, "relative_strength": 4.861569, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -48.907466, "energy": 23.733887, "activity_lines": [ 23.426067, 23.563651, 23.391918, 23.409243 ] }, { "date": "2025-04-11", "close": 23.2409, "volume": 598322, "typical_volume": 115604.2, "trend": 23.539233, "fair_value": 21.751946, "relative_strength": 2.830001, "stage": 1, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -22.764793, "energy": 20.11533, "activity_lines": [ 23.29186, 23.503542, 23.387649, 23.387637 ] }, { "date": "2025-04-18", "close": 23.6032, "volume": 18818, "typical_volume": 115748.15, "trend": 23.50873, "fair_value": 21.776344, "relative_strength": 6.016422, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 0.526363, "energy": 13.767183, "activity_lines": [ 23.3302, 23.509765, 23.417295, 23.391764 ] }, { "date": "2025-04-25", "close": 24.0658, "volume": 28949, "typical_volume": 115753.0, "trend": 23.48234, "fair_value": 21.805697, "relative_strength": 3.45442, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 18.322507, "energy": 16.25393, "activity_lines": [ 23.54648, 23.594755, 23.490198, 23.427704 ] }, { "date": "2025-05-02", "close": 24.3106, "volume": 24180, "typical_volume": 107685.9, "trend": 23.47361, "fair_value": 21.838411, "relative_strength": 1.68963, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.231063, "energy": 47.38791, "activity_lines": [ 23.837173, 23.717147, 23.584875, 23.48114 ] }, { "date": "2025-05-09", "close": 24.31, "volume": 19490, "typical_volume": 97023.65, "trend": 23.46571, "fair_value": 21.871316, "relative_strength": 2.259905, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.77316, "energy": 65.376227, "activity_lines": [ 24.095807, 23.82692, 23.674921, 23.535101 ] }, { "date": "2025-05-16", "close": 24.5643, "volume": 13903, "typical_volume": 92038.7, "trend": 23.47152, "fair_value": 21.904485, "relative_strength": -1.663573, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.174317, "energy": 75.796499, "activity_lines": [ 24.315207, 23.970464, 23.780853, 23.605977 ] }, { "date": "2025-05-23", "close": 24.6454, "volume": 91078, "typical_volume": 87082.0, "trend": 23.496033, "fair_value": 21.935257, "relative_strength": 1.371698, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.730708, "energy": 78.052605, "activity_lines": [ 24.473413, 24.118813, 23.885441, 23.681712 ] }, { "date": "2025-05-30", "close": 24.74, "volume": 26060, "typical_volume": 84940.15, "trend": 23.529407, "fair_value": 21.967315, "relative_strength": 0.161672, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.205472, "energy": 78.093606, "activity_lines": [ 24.593673, 24.271887, 23.989228, 23.761968 ] }, { "date": "2025-06-06", "close": 24.83, "volume": 311246, "typical_volume": 88037.6, "trend": 23.569843, "fair_value": 22.004051, "relative_strength": -0.935306, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.286103, "energy": 77.704764, "activity_lines": [ 24.698987, 24.427107, 24.090968, 23.845877 ] }, { "date": "2025-06-13", "close": 24.8304, "volume": 24781, "typical_volume": 84337.25, "trend": 23.6285, "fair_value": 22.045143, "relative_strength": -0.479784, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.097609, "energy": 72.084756, "activity_lines": [ 24.769807, 24.564267, 24.183055, 23.927203 ] }, { "date": "2025-06-20", "close": 24.69, "volume": 13885, "typical_volume": 81919.2, "trend": 23.680933, "fair_value": 22.082274, "relative_strength": -0.791456, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.709841, "energy": 56.715425, "activity_lines": [ 24.759133, 24.63262, 24.254219, 23.995687 ] }, { "date": "2025-06-27", "close": 25.0454, "volume": 43042, "typical_volume": 82075.7, "trend": 23.734613, "fair_value": 22.123005, "relative_strength": -2.600278, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.889845, "energy": 55.374102, "activity_lines": [ 24.858547, 24.739244, 24.35245, 24.083717 ] }, { "date": "2025-07-04", "close": 25.08, "volume": 147541, "typical_volume": 86016.7, "trend": 23.779193, "fair_value": 22.164113, "relative_strength": -3.932212, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.296096, "energy": 67.007325, "activity_lines": [ 24.942827, 24.825936, 24.44571, 24.170516 ] }, { "date": "2025-07-11", "close": 25.0805, "volume": 13093, "typical_volume": 85308.55, "trend": 23.836877, "fair_value": 22.206873, "relative_strength": -3.50168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.615915, "energy": 87.303281, "activity_lines": [ 25.004607, 24.89428, 24.532326, 24.254471 ] }, { "date": "2025-07-18", "close": 25.0607, "volume": 27413, "typical_volume": 85261.05, "trend": 23.920233, "fair_value": 22.24627, "relative_strength": -4.00849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.169328, "energy": 86.881124, "activity_lines": [ 25.043087, 24.945025, 24.610114, 24.333428 ] }, { "date": "2025-07-25", "close": 25.245, "volume": 32059, "typical_volume": 85130.6, "trend": 24.0064, "fair_value": 22.28366, "relative_strength": -4.544681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.675763, "energy": 91.079545, "activity_lines": [ 25.127647, 25.015631, 24.698615, 24.418897 ] }, { "date": "2025-08-01", "close": 25.0093, "volume": 128470, "typical_volume": 83583.9, "trend": 24.0872, "fair_value": 22.320273, "relative_strength": -2.914875, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.83965, "energy": 84.055779, "activity_lines": [ 25.09664, 25.031005, 24.758824, 24.4836 ] }, { "date": "2025-08-08", "close": 25.23, "volume": 32028, "typical_volume": 83564.95, "trend": 24.177867, "fair_value": 22.356154, "relative_strength": -4.218208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.5572, "energy": 67.482384, "activity_lines": [ 25.141607, 25.079891, 24.835051, 24.557329 ] }, { "date": "2025-08-15", "close": 25.4441, "volume": 37305, "typical_volume": 83933.85, "trend": 24.26617, "fair_value": 22.395744, "relative_strength": -4.150938, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.881079, "energy": 71.670856, "activity_lines": [ 25.24794, 25.158795, 24.925612, 24.639021 ] }, { "date": "2025-08-22", "close": 25.5293, "volume": 30421, "typical_volume": 83104.2, "trend": 24.34233, "fair_value": 22.43864, "relative_strength": -3.895298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.57247, "energy": 71.623387, "activity_lines": [ 25.358433, 25.242024, 25.016614, 24.720514 ] }, { "date": "2025-08-29", "close": 25.4599, "volume": 34116, "typical_volume": 54893.9, "trend": 24.415453, "fair_value": 22.484587, "relative_strength": -3.899822, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.373088, "energy": 71.32843, "activity_lines": [ 25.414553, 25.299927, 25.086343, 24.792615 ] }, { "date": "2025-09-05", "close": 25.4939, "volume": 10650, "typical_volume": 54485.5, "trend": 24.488273, "fair_value": 22.527434, "relative_strength": -3.84849, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.048715, "energy": 68.9158, "activity_lines": [ 25.46768, 25.350015, 25.148744, 24.862192 ] }, { "date": "2025-09-12", "close": 25.5995, "volume": 21537, "typical_volume": 54114.9, "trend": 24.552423, "fair_value": 22.574258, "relative_strength": -4.724534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.091543, "energy": 68.988303, "activity_lines": [ 25.5237, 25.411147, 25.212198, 24.933884 ] }, { "date": "2025-09-19", "close": 25.625, "volume": 50600, "typical_volume": 55435.9, "trend": 24.619173, "fair_value": 22.627512, "relative_strength": -5.569167, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.59159, "energy": 67.729241, "activity_lines": [ 25.563587, 25.467471, 25.270778, 25.003083 ] }, { "date": "2025-09-26", "close": 25.625, "volume": 12090, "typical_volume": 55065.9, "trend": 24.68586, "fair_value": 22.682174, "relative_strength": -5.064032, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.241546, "energy": 67.180056, "activity_lines": [ 25.591413, 25.513895, 25.323098, 25.067975 ] }, { "date": "2025-10-03", "close": 25.76, "volume": 15904, "typical_volume": 55165.95, "trend": 24.74394, "fair_value": 22.736076, "relative_strength": -5.398681, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.670939, "energy": 69.812906, "activity_lines": [ 25.65786, 25.574604, 25.382014, 25.137274 ] }, { "date": "2025-10-10", "close": 25.5979, "volume": 49502, "typical_volume": 53087.15, "trend": 24.79856, "fair_value": 22.790488, "relative_strength": -3.496101, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.850869, "energy": 62.628199, "activity_lines": [ 25.650267, 25.596476, 25.419798, 25.192368 ] }, { "date": "2025-10-17", "close": 25.7449, "volume": 13045, "typical_volume": 52436.4, "trend": 24.858123, "fair_value": 22.842378, "relative_strength": -4.445612, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.293572, "energy": 63.173365, "activity_lines": [ 25.68474, 25.634375, 25.467046, 25.253422 ] }, { "date": "2025-10-24", "close": 25.8399, "volume": 35986, "typical_volume": 38673.4, "trend": 24.92503, "fair_value": 22.891721, "relative_strength": -5.751534, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.092767, "energy": 65.913103, "activity_lines": [ 25.741187, 25.680184, 25.518556, 25.316763 ] }, { "date": "2025-10-31", "close": 25.845, "volume": 30095, "typical_volume": 38939.1, "trend": 25.038197, "fair_value": 22.939522, "relative_strength": -6.211399, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.588211, "energy": 65.59938, "activity_lines": [ 25.785007, 25.719724, 25.565743, 25.376116 ] }, { "date": "2025-11-07", "close": 25.8598, "volume": 91375, "typical_volume": 42813.6, "trend": 25.125493, "fair_value": 22.979565, "relative_strength": -4.542221, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.367024, "energy": 71.088992, "activity_lines": [ 25.819093, 25.756215, 25.609509, 25.429122 ] }, { "date": "2025-11-14", "close": 25.9145, "volume": 19076, "typical_volume": 41615.3, "trend": 25.202537, "fair_value": 23.019948, "relative_strength": -4.417962, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.619276, "energy": 82.390679, "activity_lines": [ 25.86476, 25.79538, 25.652913, 25.480026 ] }, { "date": "2025-11-21", "close": 25.8532, "volume": 19572, "typical_volume": 35216.85, "trend": 25.262117, "fair_value": 23.057289, "relative_strength": -2.774774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.079271, "energy": 65.378075, "activity_lines": [ 25.868887, 25.815753, 25.68634, 25.522004 ] }, { "date": "2025-11-28", "close": 25.9739, "volume": 6501, "typical_volume": 34887.25, "trend": 25.31756, "fair_value": 23.093747, "relative_strength": -5.741774, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.379218, "energy": 64.83939, "activity_lines": [ 25.906027, 25.853458, 25.727581, 25.567926 ] }, { "date": "2025-12-05", "close": 26.08, "volume": 29770, "typical_volume": 35005.1, "trend": 25.37656, "fair_value": 23.131943, "relative_strength": -5.606637, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.958717, "energy": 70.019133, "activity_lines": [ 25.9696, 25.904111, 25.774673, 25.617115 ] }, { "date": "2025-12-12", "close": 26.085, "volume": 24651, "typical_volume": 34634.7, "trend": 25.42725, "fair_value": 23.171398, "relative_strength": -5.005671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.478056, "energy": 68.226014, "activity_lines": [ 26.019173, 25.9474, 25.817387, 25.662821 ] }, { "date": "2025-12-19", "close": 26.145, "volume": 394338, "typical_volume": 47928.1, "trend": 25.477237, "fair_value": 23.211558, "relative_strength": -4.89321, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.488747, "energy": 76.280047, "activity_lines": [ 26.073733, 25.995689, 25.861815, 25.709128 ] }, { "date": "2025-12-26", "close": 26.1998, "volume": 248015, "typical_volume": 58727.45, "trend": 25.525897, "fair_value": 23.251961, "relative_strength": -6.010077, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.702227, "energy": 78.210854, "activity_lines": [ 26.131193, 26.043995, 25.906054, 25.755745 ] }, { "date": "2026-01-02", "close": 26.2761, "volume": 243471, "typical_volume": 69035.75, "trend": 25.5741, "fair_value": 23.289244, "relative_strength": -4.744885, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.13642, "energy": 73.825339, "activity_lines": [ 26.19098, 26.097902, 25.952941, 25.804145 ] }, { "date": "2026-01-09", "close": 26.55, "volume": 506625, "typical_volume": 92845.95, "trend": 25.63142, "fair_value": 23.325227, "relative_strength": -5.219285, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.915254, "energy": 89.271232, "activity_lines": [ 26.32192, 26.193678, 26.021953, 25.867106 ] }, { "date": "2026-01-16", "close": 26.6353, "volume": 667613, "typical_volume": 124520.8, "trend": 25.696263, "fair_value": 23.361165, "relative_strength": -4.579691, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.888948, "energy": 94.57199, "activity_lines": [ 26.44996, 26.292145, 26.094228, 25.931873 ] }, { "date": "2026-01-23", "close": 26.65, "volume": 167475, "typical_volume": 132362.05, "trend": 25.74975, "fair_value": 23.395843, "relative_strength": -4.189769, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.761255, "energy": 92.139628, "activity_lines": [ 26.546213, 26.379185, 26.162305, 25.993404 ] }, { "date": "2026-01-30", "close": 26.78, "volume": 412098, "typical_volume": 151890.1, "trend": 25.806417, "fair_value": 23.431611, "relative_strength": -4.084836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.470451, "energy": 92.527584, "activity_lines": [ 26.652133, 26.476489, 26.237259, 26.059872 ] }, { "date": "2026-02-06", "close": 27.02, "volume": 90152, "typical_volume": 153867.7, "trend": 25.871067, "fair_value": 23.469534, "relative_strength": -3.030116, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.578491, "energy": 92.23931, "activity_lines": [ 26.799373, 26.600578, 26.329448, 26.138168 ] }, { "date": "2026-02-13", "close": 27.16, "volume": 100231, "typical_volume": 158274.75, "trend": 25.941043, "fair_value": 23.507931, "relative_strength": -1.285543, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.587051, "energy": 84.677364, "activity_lines": [ 26.943687, 26.731102, 26.428327, 26.221325 ] }, { "date": "2026-02-20", "close": 27.22, "volume": 71396, "typical_volume": 161049.35, "trend": 26.006877, "fair_value": 23.549324, "relative_strength": -2.153042, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.673001, "energy": 84.975351, "activity_lines": [ 27.067333, 26.852898, 26.525611, 26.303838 ] }, { "date": "2026-02-27", "close": 27.24, "volume": 134094, "typical_volume": 165278.95, "trend": 26.081233, "fair_value": 23.588381, "relative_strength": -1.565905, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.01904, "energy": 81.819173, "activity_lines": [ 27.158667, 26.957695, 26.617848, 26.383394 ] }, { "date": "2026-03-06", "close": 26.43, "volume": 163251, "typical_volume": 172789.25, "trend": 26.121233, "fair_value": 23.625241, "relative_strength": -2.425591, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.354977, "energy": 58.925144, "activity_lines": [ 26.940667, 26.895309, 26.625122, 26.405895 ] }, { "date": "2026-03-13", "close": 26.18, "volume": 98428, "typical_volume": 175911.35, "trend": 26.145763, "fair_value": 23.662282, "relative_strength": -1.709968, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 26.833775, "energy": 22.493981, "activity_lines": [ 26.662667, 26.783284, 26.605325, 26.409687 ] }, { "date": "2026-03-20", "close": 25.71, "volume": 268765, "typical_volume": 187844.85, "trend": 26.151787, "fair_value": 23.694212, "relative_strength": -1.548792, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -5.736691, "energy": 25.116367, "activity_lines": [ 26.284, 26.587551, 26.539146, 26.381573 ] }, { "date": "2026-03-27", "close": 25.82, "volume": 65416, "typical_volume": 186546.9, "trend": 26.16379, "fair_value": 23.722929, "relative_strength": 1.259059, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -31.758524, "energy": 42.721308, "activity_lines": [ 26.038667, 26.427091, 26.484086, 26.360167 ] }, { "date": "2026-04-03", "close": 26.37, "volume": 83659, "typical_volume": 189776.05, "trend": 26.192993, "fair_value": 23.754594, "relative_strength": 0.214663, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.453783, "energy": 34.570749, "activity_lines": [ 26.07, 26.381455, 26.481596, 26.373471 ] }, { "date": "2026-04-10", "close": 26.9598, "volume": 56574, "typical_volume": 191626.15, "trend": 26.238337, "fair_value": 23.78876, "relative_strength": -0.900549, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.966549, "energy": 22.67651, "activity_lines": [ 26.355933, 26.448145, 26.533109, 26.422943 ] }, { "date": "2026-04-17", "close": 27.25, "volume": 132477, "typical_volume": 197924.95, "trend": 26.292503, "fair_value": 23.823823, "relative_strength": -3.838913, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.617866, "energy": 30.669091, "activity_lines": [ 26.70328, 26.564331, 26.60699, 26.488211 ] }, { "date": "2026-04-24", "close": 26.9583, "volume": 79661, "typical_volume": 200419.5, "trend": 26.336947, "fair_value": 23.85693, "relative_strength": -5.079732, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.224122, "energy": 38.361197, "activity_lines": [ 26.88206, 26.623298, 26.647014, 26.531166 ] }, { "date": "2026-05-01", "close": 27.01, "volume": 32349, "typical_volume": 200804.4, "trend": 26.378613, "fair_value": 23.889785, "relative_strength": -5.513431, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.236905, "energy": 45.078677, "activity_lines": [ 26.994853, 26.695333, 26.68778, 26.574589 ] }, { "date": "2026-05-08", "close": 27.2439, "volume": 83938, "typical_volume": 185284.4, "trend": 26.43348, "fair_value": 23.925066, "relative_strength": -6.587294, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.962212, "energy": 63.681441, "activity_lines": [ 27.10628, 26.813713, 26.746416, 26.630414 ] }, { "date": "2026-05-15", "close": 27.005, "volume": 36429, "typical_volume": 174705.1, "trend": 26.475483, "fair_value": 23.957726, "relative_strength": -7.362687, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.574422, "energy": 51.521525, "activity_lines": [ 27.079813, 26.888585, 26.777068, 26.667286 ] }, { "date": "2026-05-22", "close": 27.28, "volume": 41246, "typical_volume": 164593.85, "trend": 26.523487, "fair_value": 23.994456, "relative_strength": -6.938217, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.935818, "energy": 44.72311, "activity_lines": [ 27.142, 27.003004, 26.830075, 26.71919 ] }, { "date": "2026-05-29", "close": 27.4252, "volume": 31303, "typical_volume": 140827.75, "trend": 26.57616, "fair_value": 24.031157, "relative_strength": -7.502838, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.932822, "energy": 46.278406, "activity_lines": [ 27.250587, 27.123822, 26.892131, 26.777365 ] }, { "date": "2026-06-05", "close": 27.1319, "volume": 30079, "typical_volume": 108951.05, "trend": 26.618563, "fair_value": 24.065823, "relative_strength": -5.906493, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.184998, "energy": 38.043054, "activity_lines": [ 27.23028, 27.160127, 26.922086, 26.813219 ] }, { "date": "2026-06-12", "close": 27.4598, "volume": 33548, "typical_volume": 102254.7, "trend": 26.670073, "fair_value": 24.099924, "relative_strength": -5.072813, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.858506, "energy": 49.792746, "activity_lines": [ 27.311147, 27.232198, 26.980904, 26.867493 ] }, { "date": "2026-06-19", "close": 27.605, "volume": 21724, "typical_volume": 82736.0, "trend": 26.728467, "fair_value": 24.138483, "relative_strength": -5.214702, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.815127, "energy": 61.114324, "activity_lines": [ 27.42602, 27.310855, 27.049695, 26.927811 ] }, { "date": "2026-06-26", "close": 27.3927, "volume": 152079, "typical_volume": 85832.35, "trend": 26.77576, "fair_value": 24.173206, "relative_strength": -3.48198, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.056577, "energy": 49.363007, "activity_lines": [ 27.430127, 27.33918, 27.094339, 26.970664 ] }, { "date": "2026-07-03", "close": 27.6321, "volume": 78828, "typical_volume": 84762.2, "trend": 26.827497, "fair_value": 24.212044, "relative_strength": -4.54, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.442695, "energy": 62.456816, "activity_lines": [ 27.50652, 27.408438, 27.160007, 27.025912 ] }, { "date": "2026-07-10", "close": 27.67, "volume": 31193, "typical_volume": 82752.05, "trend": 26.88033, "fair_value": 24.246783, "relative_strength": -5.509265, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.54582, "energy": 65.43111, "activity_lines": [ 27.581753, 27.472336, 27.227037, 27.080267 ] }, { "date": "2026-07-17", "close": 27.54, "volume": 51304, "typical_volume": 78612.55, "trend": 26.92683, "fair_value": 24.280374, "relative_strength": -4.320298, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.695596, "energy": 51.801946, "activity_lines": [ 27.57778, 27.500598, 27.279543, 27.122826 ] }, { "date": "2026-07-24", "close": 27.5999, "volume": 22641, "typical_volume": 71582.05, "trend": 26.9735, "fair_value": 24.313516, "relative_strength": -3.416352, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.371729, "energy": 51.806396, "activity_lines": [ 27.588427, 27.534367, 27.336326, 27.16625 ] }, { "date": "2026-07-31", "close": 27.9043, "volume": 20560, "typical_volume": 67688.65, "trend": 27.027773, "fair_value": 24.35205, "relative_strength": -3.250346, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.298532, "energy": 59.031234, "activity_lines": [ 27.70088, 27.612665, 27.416528, 27.226302 ] }, { "date": "2026-08-07", "close": 28.19, "volume": 69196, "typical_volume": 57710.2, "trend": 27.08244, "fair_value": 24.392546, "relative_strength": -5.406665, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.715477, "energy": 74.001208, "activity_lines": [ 27.87446, 27.731558, 27.515728, 27.301284 ] } ], "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." } } }