{ "ticker": { "uuid": "8558982b-d874-4cc9-8b9b-d1a270cb0e08", "symbol": "FIAX", "name": "TIDAL TRUST II NICHOLAS FIXED INCOME ALTERNATIVE ETF", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 3, "stage_name": "Distribution", "phase": "3a", "phase_label": "Stage 3A \u00b7 Churning", "transition": "stage_3_churning", "transition_label": "Stage 3 range intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 52.203, "architecture_energy": 29.023, "architecture_maturity": 39.658, "architecture_confidence": 71.913, "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": 29.06, "rotation_up": 45.94, "upward_expansion": 78.66, "deceleration": 57.31, "rotation_down": 24.54, "downward_expansion": 2.99 }, "activity_lines": [ 17.460783, 17.457878, 17.443799, 17.397048 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 17.465, "trend_reference": 17.350115, "distance_from_trend": 0.006622, "trend_direction": "Improving", "fair_value": 16.733093, "distance_from_fair_value": 0.04374, "fair_value_direction": "Weakening", "relative_strength": -9.831373, "relative_strength_direction": "Weakening", "price_momentum": 0.006889, "excess_performance": -0.118736, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.006622, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.004606, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.04374, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.01097, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.098314, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.008658, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.006889, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.158542, "read": "Demand-led" } ], "volume": { "latest": 32344, "relative_activity": 0.487672, "balance": 1.158542, "dry_up": 0.710935, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.006661, "annualized_volatility": 0.037581, "from_high_reference": -0.004493, "from_low_reference": 0.034541 }, "levels": { "trend_reference": 17.350115, "fair_value_reference": 16.733093, "structural_low": 16.947051, "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": 19, "median_return": 0.002866, "positive_rate": 0.631579, "directional_follow_through": 0.631579, "median_excess_return": -0.005021, "regime_survival": 0.789474, "best_return": 0.016203, "worst_return": -0.019244, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.016584, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.018215, "regime_survival": 0.833333, "best_return": 0.029864, "worst_return": -0.018426, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.009263, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.035496, "regime_survival": 0.666667, "best_return": 0.055307, "worst_return": -0.02656, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.027278, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.108927, "regime_survival": 0.0, "best_return": 0.027278, "worst_return": 0.027278, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-07", "end": "2024-11-15", "tenure": "Established", "return": 0.031343, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-22", "end": "2024-11-29", "tenure": "New", "return": 0.004734, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-03", "tenure": "Developing", "return": -0.014108, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.024357, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": -0.005003, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-03-28", "tenure": "New", "return": -0.007562, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-13", "tenure": "Developing", "return": 0.013034, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-04", "tenure": "New", "return": 0.01029, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-11", "end": "2025-08-29", "tenure": "Developing", "return": 0.013269, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2026-03-06", "tenure": "Extended", "return": 0.009263, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-03-13", "end": "2026-03-20", "tenure": "New", "return": -0.001011, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-03-27", "end": "2026-04-10", "tenure": "New", "return": 0.015007, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-17", "end": "2026-05-01", "tenure": "New", "return": -0.000847, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-08", "end": "2026-08-07", "tenure": "Established", "return": -0.002456, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 15.852346, "volume": 64722, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 15.938446, "volume": 123529, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 16.03672, "volume": 436141, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 15.986502, "volume": 103055, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 15.96036, "volume": 213008, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 15.887886, "volume": 96881, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 15.750991, "volume": 220853, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 15.775149, "volume": 56948, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 15.87621, "volume": 104332, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 15.714882, "volume": 62783, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 15.597485, "volume": 245709, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 15.893, "volume": 201648, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 15.844422, "volume": 208797, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 15.996394, "volume": 198671, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 16.020816, "volume": 111024, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 16.053378, "volume": 232177, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 16.081952, "volume": 65630, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 16.131284, "volume": 53444, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 16.151756, "volume": 99002, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 16.115972, "volume": 67706, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 16.073965, "volume": 52371, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 16.15585, "volume": 702941, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 16.154294, "volume": 181021, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 16.191364, "volume": 95136, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 16.220196, "volume": 117787, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 16.179007, "volume": 197377, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 16.134523, "volume": 220408, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 16.102287, "volume": 197075, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 16.151097, "volume": 99935, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 16.167671, "volume": 133471, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 16.14339, "volume": 146579, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 16.164338, "volume": 99024, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 16.156002, "volume": 107832, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 16.110485, "volume": 78728, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 16.039292, "volume": 179897, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 15.971658, "volume": 123180, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 16.059714, "volume": 85103, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 16.080932, "volume": 60231, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 16.139635, "volume": 83789, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 16.219969, "volume": 71604, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 16.20664, "volume": 98932, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 16.195167, "volume": 63518, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 16.252195, "volume": 85762, "typical_volume": 117268.4, "trend": 16.127374, "fair_value": 15.901203, "relative_strength": -11.13192, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.873875, "energy": 64.059765, "activity_lines": [ 16.216076, 16.164668, 16.144278, 16.141067 ] }, { "date": "2024-06-14", "close": 16.322721, "volume": 39385, "typical_volume": 114480.85, "trend": 16.138252, "fair_value": 15.906407, "relative_strength": -11.874283, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.53145, "energy": 73.939042, "activity_lines": [ 16.256076, 16.20015, 16.161272, 16.15367 ] }, { "date": "2024-06-21", "close": 16.34034, "volume": 51374, "typical_volume": 111160.2, "trend": 16.148902, "fair_value": 15.911698, "relative_strength": -11.992444, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.313307, "energy": 76.573724, "activity_lines": [ 16.289743, 16.234977, 16.17932, 16.166708 ] }, { "date": "2024-06-28", "close": 16.369277, "volume": 26190, "typical_volume": 102600.85, "trend": 16.159432, "fair_value": 15.917211, "relative_strength": -11.48151, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.28287, "energy": 80.138089, "activity_lines": [ 16.325031, 16.269591, 16.19955, 16.180925 ] }, { "date": "2024-07-05", "close": 16.433262, "volume": 118239, "typical_volume": 97492.4, "trend": 16.171143, "fair_value": 15.923355, "relative_strength": -12.456665, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.551656, "energy": 84.855338, "activity_lines": [ 16.370805, 16.30861, 16.224969, 16.198592 ] }, { "date": "2024-07-12", "close": 16.565475, "volume": 61575, "typical_volume": 90717.4, "trend": 16.185616, "fair_value": 15.930909, "relative_strength": -12.281401, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 90.497373, "energy": 92.765888, "activity_lines": [ 16.444777, 16.364876, 16.261557, 16.224033 ] }, { "date": "2024-07-19", "close": 16.620237, "volume": 31600, "typical_volume": 87300.65, "trend": 16.201232, "fair_value": 15.938925, "relative_strength": -9.950393, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.606531, "energy": 95.011794, "activity_lines": [ 16.516118, 16.422288, 16.301154, 16.252073 ] }, { "date": "2024-07-26", "close": 16.624505, "volume": 47038, "typical_volume": 82979.0, "trend": 16.218183, "fair_value": 15.946805, "relative_strength": -8.92644, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.31717, "energy": 92.995366, "activity_lines": [ 16.569047, 16.471739, 16.338924, 16.279381 ] }, { "date": "2024-08-02", "close": 16.637565, "volume": 90612, "typical_volume": 80180.65, "trend": 16.23697, "fair_value": 15.954655, "relative_strength": -6.618537, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.924911, "energy": 91.157267, "activity_lines": [ 16.607385, 16.516208, 16.375763, 16.306438 ] }, { "date": "2024-08-09", "close": 16.620237, "volume": 60996, "typical_volume": 78279.25, "trend": 16.252449, "fair_value": 15.962133, "relative_strength": -6.462905, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.045222, "energy": 86.634823, "activity_lines": [ 16.622061, 16.549692, 16.408598, 16.331164 ] }, { "date": "2024-08-16", "close": 16.791219, "volume": 81363, "typical_volume": 76955.8, "trend": 16.27368, "fair_value": 15.971345, "relative_strength": -8.79143, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.045445, "energy": 90.609313, "activity_lines": [ 16.681266, 16.606536, 16.455546, 16.365924 ] }, { "date": "2024-08-23", "close": 16.920019, "volume": 126499, "typical_volume": 79344.35, "trend": 16.297968, "fair_value": 15.98177, "relative_strength": -9.020791, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 92.769597, "energy": 91.669275, "activity_lines": [ 16.768354, 16.676996, 16.511735, 16.407623 ] }, { "date": "2024-08-30", "close": 16.907139, "volume": 51855, "typical_volume": 72942.25, "trend": 16.320867, "fair_value": 15.991828, "relative_strength": -9.020146, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.485238, "energy": 87.95295, "activity_lines": [ 16.831164, 16.734256, 16.562844, 16.446924 ] }, { "date": "2024-09-06", "close": 16.737553, "volume": 64731, "typical_volume": 70019.8, "trend": 16.339485, "fair_value": 15.999847, "relative_strength": -5.748153, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.82994, "energy": 75.173006, "activity_lines": [ 16.818604, 16.750376, 16.593668, 16.473807 ] }, { "date": "2024-09-13", "close": 16.941486, "volume": 277785, "typical_volume": 79653.9, "trend": 16.366384, "fair_value": 16.009864, "relative_strength": -7.939222, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.861633, "energy": 72.079523, "activity_lines": [ 16.867354, 16.796878, 16.640268, 16.512646 ] }, { "date": "2024-09-20", "close": 16.972853, "volume": 118061, "typical_volume": 82545.4, "trend": 16.395402, "fair_value": 16.020001, "relative_strength": -8.657427, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.312371, "energy": 70.983723, "activity_lines": [ 16.905144, 16.839844, 16.685656, 16.551773 ] }, { "date": "2024-09-27", "close": 16.938794, "volume": 77579, "typical_volume": 82234.9, "trend": 16.421659, "fair_value": 16.029572, "relative_strength": -8.941748, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.729794, "energy": 66.378605, "activity_lines": [ 16.919472, 16.86921, 16.723553, 16.586831 ] }, { "date": "2024-10-04", "close": 16.933866, "volume": 108772, "typical_volume": 84093.3, "trend": 16.447199, "fair_value": 16.038894, "relative_strength": -8.794881, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.83873, "energy": 66.167647, "activity_lines": [ 16.930906, 16.891888, 16.757175, 16.619876 ] }, { "date": "2024-10-11", "close": 17.018322, "volume": 2373526, "typical_volume": 197823.0, "trend": 16.476363, "fair_value": 16.048889, "relative_strength": -8.955378, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.91233, "energy": 68.887112, "activity_lines": [ 16.96871, 16.924296, 16.795441, 16.656723 ] }, { "date": "2024-10-18", "close": 17.018151, "volume": 119743, "typical_volume": 200634.25, "trend": 16.504824, "fair_value": 16.058679, "relative_strength": -9.265563, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.053886, "energy": 67.01239, "activity_lines": [ 16.987739, 16.949751, 16.829826, 16.691677 ] }, { "date": "2024-10-25", "close": 16.929556, "volume": 73661, "typical_volume": 200029.2, "trend": 16.530609, "fair_value": 16.067388, "relative_strength": -8.364308, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.033633, "energy": 59.761394, "activity_lines": [ 16.972125, 16.951863, 16.851854, 16.719079 ] }, { "date": "2024-11-01", "close": 16.831214, "volume": 3079399, "typical_volume": 352029.9, "trend": 16.554633, "fair_value": 16.074951, "relative_strength": -7.196145, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.405425, "energy": 46.082564, "activity_lines": [ 16.926617, 16.93358, 16.861291, 16.738473 ] }, { "date": "2024-11-08", "close": 17.090036, "volume": 95912, "typical_volume": 354256.8, "trend": 16.589658, "fair_value": 16.084902, "relative_strength": -9.614744, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.564806, "energy": 53.305114, "activity_lines": [ 16.974555, 16.963969, 16.892956, 16.773015 ] }, { "date": "2024-11-15", "close": 16.761592, "volume": 247867, "typical_volume": 365340.65, "trend": 16.615989, "fair_value": 16.091472, "relative_strength": -9.062426, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.685774, "energy": 23.8709, "activity_lines": [ 16.902601, 16.931316, 16.88977, 16.784108 ] }, { "date": "2024-11-22", "close": 17.028132, "volume": 200410, "typical_volume": 369449.2, "trend": 16.64827, "fair_value": 16.100479, "relative_strength": -8.736113, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.147632, "energy": 31.026138, "activity_lines": [ 16.936608, 16.946688, 16.910102, 16.810698 ] }, { "date": "2024-11-29", "close": 17.108739, "volume": 85814, "typical_volume": 370661.15, "trend": 16.68253, "fair_value": 16.110081, "relative_strength": -8.981733, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 69.671961, "energy": 45.777283, "activity_lines": [ 16.996819, 16.97514, 16.935277, 16.840405 ] }, { "date": "2024-12-06", "close": 17.151057, "volume": 153887, "typical_volume": 376775.5, "trend": 16.716244, "fair_value": 16.119902, "relative_strength": -9.142866, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.903689, "energy": 49.274086, "activity_lines": [ 17.05919, 17.008816, 16.961896, 16.870633 ] }, { "date": "2024-12-13", "close": 17.085082, "volume": 101861, "typical_volume": 379516.65, "trend": 16.745081, "fair_value": 16.128922, "relative_strength": -8.589762, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.554266, "energy": 63.154944, "activity_lines": [ 17.078247, 17.026637, 16.979703, 16.894429 ] }, { "date": "2024-12-20", "close": 16.895975, "volume": 146689, "typical_volume": 382320.5, "trend": 16.768059, "fair_value": 16.136024, "relative_strength": -7.569488, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.063535, "energy": 39.213965, "activity_lines": [ 17.034599, 17.007326, 16.977307, 16.904164 ] }, { "date": "2024-12-27", "close": 16.909272, "volume": 87526, "typical_volume": 383647.0, "trend": 16.791862, "fair_value": 16.143118, "relative_strength": -7.757097, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.646054, "energy": 22.757561, "activity_lines": [ 16.986424, 16.992656, 16.974948, 16.913274 ] }, { "date": "2025-01-03", "close": 16.909095, "volume": 100517, "typical_volume": 384604.7, "trend": 16.813759, "fair_value": 16.150082, "relative_strength": -6.919423, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 25.360129, "energy": 15.658184, "activity_lines": [ 16.946114, 16.979935, 16.971194, 16.920838 ] }, { "date": "2025-01-10", "close": 16.700954, "volume": 61514, "typical_volume": 381355.45, "trend": 16.826367, "fair_value": 16.155044, "relative_strength": -5.922653, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -12.270902, "energy": 21.91312, "activity_lines": [ 16.849733, 16.929741, 16.947057, 16.91356 ] }, { "date": "2025-01-17", "close": 17.009676, "volume": 160854, "typical_volume": 386805.4, "trend": 16.848678, "fair_value": 16.162675, "relative_strength": -6.603737, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 15.729206, "energy": 16.252431, "activity_lines": [ 16.886267, 16.938047, 16.953365, 16.925387 ] }, { "date": "2025-01-24", "close": 17.133088, "volume": 41084, "typical_volume": 385623.05, "trend": 16.874138, "fair_value": 16.171263, "relative_strength": -7.213888, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 33.158438, "energy": 13.276964, "activity_lines": [ 16.968965, 16.970252, 16.970938, 16.943736 ] }, { "date": "2025-01-31", "close": 17.106139, "volume": 70200, "typical_volume": 375243.8, "trend": 16.896568, "fair_value": 16.179464, "relative_strength": -6.127384, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 50.990718, "energy": 26.061837, "activity_lines": [ 17.026872, 16.990804, 16.984061, 16.958703 ] }, { "date": "2025-02-07", "close": 17.059112, "volume": 102721, "typical_volume": 374476.8, "trend": 16.913022, "fair_value": 16.187113, "relative_strength": -5.965097, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.784631, "energy": 34.659195, "activity_lines": [ 17.055979, 17.001386, 16.991921, 16.96919 ] }, { "date": "2025-02-14", "close": 17.107745, "volume": 120910, "typical_volume": 376643.35, "trend": 16.929272, "fair_value": 16.195049, "relative_strength": -6.801917, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.724371, "energy": 51.166456, "activity_lines": [ 17.091296, 17.021713, 17.004002, 16.981753 ] }, { "date": "2025-02-21", "close": 17.041648, "volume": 29829, "typical_volume": 372696.2, "trend": 16.943177, "fair_value": 16.202285, "relative_strength": -5.427714, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.697771, "energy": 48.72299, "activity_lines": [ 17.077461, 17.030811, 17.008984, 16.989003 ] }, { "date": "2025-02-28", "close": 16.956395, "volume": 53061, "typical_volume": 256672.95, "trend": 16.953805, "fair_value": 16.208676, "relative_strength": -4.783849, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.538343, "energy": 20.575071, "activity_lines": [ 17.033078, 17.025197, 17.005333, 16.989856 ] }, { "date": "2025-03-07", "close": 16.835028, "volume": 150316, "typical_volume": 258201.6, "trend": 16.960965, "fair_value": 16.213939, "relative_strength": -2.294531, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -7.166886, "energy": 7.893401, "activity_lines": [ 16.960018, 16.996418, 16.990419, 16.982193 ] }, { "date": "2025-03-14", "close": 16.718153, "volume": 66333, "typical_volume": 257835.2, "trend": 16.958529, "fair_value": 16.218141, "relative_strength": -0.567923, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.34743, "energy": 30.730655, "activity_lines": [ 16.866074, 16.947739, 16.965245, 16.966527 ] }, { "date": "2025-03-21", "close": 16.775554, "volume": 73380, "typical_volume": 107534.25, "trend": 16.953714, "fair_value": 16.222748, "relative_strength": -0.625961, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -34.202511, "energy": 45.781228, "activity_lines": [ 16.813994, 16.912968, 16.946545, 16.954723 ] }, { "date": "2025-03-28", "close": 16.707729, "volume": 119021, "typical_volume": 108689.7, "trend": 16.947067, "fair_value": 16.226723, "relative_strength": 0.532389, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -68.151538, "energy": 69.242784, "activity_lines": [ 16.761451, 16.864509, 16.92165, 16.938853 ] }, { "date": "2025-04-04", "close": 16.521524, "volume": 51822, "typical_volume": 98887.45, "trend": 16.939866, "fair_value": 16.22912, "relative_strength": 9.237815, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.475211, "energy": 73.596949, "activity_lines": [ 16.669102, 16.787684, 16.880842, 16.911398 ] }, { "date": "2025-04-11", "close": 16.386687, "volume": 78481, "typical_volume": 92791.0, "trend": 16.921372, "fair_value": 16.23039, "relative_strength": 2.603535, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.896143, "energy": 77.914377, "activity_lines": [ 16.560799, 16.697463, 16.828335, 16.875709 ] }, { "date": "2025-04-18", "close": 16.208092, "volume": 74023, "typical_volume": 92201.45, "trend": 16.89588, "fair_value": 16.230212, "relative_strength": 3.061218, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.202423, "energy": 88.2022, "activity_lines": [ 16.422853, 16.587851, 16.761874, 16.829691 ] }, { "date": "2025-04-25", "close": 16.365783, "volume": 76859, "typical_volume": 88350.05, "trend": 16.87678, "fair_value": 16.231288, "relative_strength": -0.369206, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.147387, "energy": 80.141437, "activity_lines": [ 16.371475, 16.522384, 16.71472, 16.795491 ] }, { "date": "2025-05-02", "close": 16.433794, "volume": 58023, "typical_volume": 86158.15, "trend": 16.860111, "fair_value": 16.232883, "relative_strength": -2.62147, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.5313, "energy": 75.21061, "activity_lines": [ 16.370085, 16.482772, 16.677783, 16.766912 ] }, { "date": "2025-05-09", "close": 16.502079, "volume": 56085, "typical_volume": 81627.95, "trend": 16.842903, "fair_value": 16.234986, "relative_strength": -1.661643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.043837, "energy": 53.279096, "activity_lines": [ 16.409719, 16.466627, 16.65045, 16.743813 ] }, { "date": "2025-05-16", "close": 16.654372, "volume": 68054, "typical_volume": 80654.35, "trend": 16.830777, "fair_value": 16.238237, "relative_strength": -5.558455, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.144657, "energy": 31.774038, "activity_lines": [ 16.501414, 16.486433, 16.639497, 16.73165 ] }, { "date": "2025-05-23", "close": 16.553548, "volume": 92803, "typical_volume": 80268.65, "trend": 16.818243, "fair_value": 16.240662, "relative_strength": -3.53325, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.299618, "energy": 22.686296, "activity_lines": [ 16.541656, 16.491191, 16.620156, 16.713764 ] }, { "date": "2025-05-30", "close": 16.535216, "volume": 125898, "typical_volume": 83487.85, "trend": 16.808377, "fair_value": 16.242911, "relative_strength": -5.133333, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.653298, "energy": 21.08695, "activity_lines": [ 16.552756, 16.495609, 16.600762, 16.695504 ] }, { "date": "2025-06-06", "close": 16.695527, "volume": 48009, "typical_volume": 77845.6, "trend": 16.795226, "fair_value": 16.24634, "relative_strength": -5.590952, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.859506, "energy": 20.259239, "activity_lines": [ 16.605998, 16.533545, 16.597425, 16.688223 ] }, { "date": "2025-06-13", "close": 16.736865, "volume": 87213, "typical_volume": 80152.05, "trend": 16.794402, "fair_value": 16.250028, "relative_strength": -4.867993, "stage": 3, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.370581, "energy": 15.548317, "activity_lines": [ 16.65557, 16.579218, 16.59952, 16.684458 ] }, { "date": "2025-06-20", "close": 16.688533, "volume": 58948, "typical_volume": 79589.45, "trend": 16.783082, "fair_value": 16.2533, "relative_strength": -4.847707, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.487551, "energy": 12.60506, "activity_lines": [ 16.673379, 16.612188, 16.5989, 16.677628 ] }, { "date": "2025-06-27", "close": 16.785425, "volume": 66974, "typical_volume": 77802.1, "trend": 16.772305, "fair_value": 16.257242, "relative_strength": -7.315592, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 2.40556, "energy": 15.214124, "activity_lines": [ 16.721208, 16.657287, 16.609495, 16.677779 ] }, { "date": "2025-07-04", "close": 16.860263, "volume": 24848, "typical_volume": 72999.0, "trend": 16.762612, "fair_value": 16.261676, "relative_strength": -8.273347, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 31.607897, "energy": 40.093333, "activity_lines": [ 16.778525, 16.705496, 16.628522, 16.683454 ] }, { "date": "2025-07-11", "close": 16.799267, "volume": 48203, "typical_volume": 73917.7, "trend": 16.753085, "fair_value": 16.2656, "relative_strength": -8.172222, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.248467, "energy": 47.893124, "activity_lines": [ 16.79384, 16.733624, 16.642918, 16.685819 ] }, { "date": "2025-07-18", "close": 16.6901, "volume": 121438, "typical_volume": 77336.55, "trend": 16.746222, "fair_value": 16.268676, "relative_strength": -9.10293, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.37165, "energy": 41.549435, "activity_lines": [ 16.765849, 16.735259, 16.648071, 16.681755 ] }, { "date": "2025-07-25", "close": 16.857326, "volume": 115787, "typical_volume": 75610.1, "trend": 16.744491, "fair_value": 16.272911, "relative_strength": -9.298455, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 33.211204, "energy": 46.728638, "activity_lines": [ 16.796719, 16.76388, 16.670418, 16.688923 ] }, { "date": "2025-08-01", "close": 16.931649, "volume": 41832, "typical_volume": 74385.05, "trend": 16.745242, "fair_value": 16.277616, "relative_strength": -6.374875, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 38.474998, "energy": 42.364899, "activity_lines": [ 16.84111, 16.802324, 16.699738, 16.700998 ] }, { "date": "2025-08-08", "close": 16.903778, "volume": 57446, "typical_volume": 73588.35, "trend": 16.752003, "fair_value": 16.282057, "relative_strength": -8.491896, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.330628, "energy": 48.204713, "activity_lines": [ 16.866462, 16.828825, 16.725387, 16.711226 ] }, { "date": "2025-08-15", "close": 16.914618, "volume": 93536, "typical_volume": 72314.1, "trend": 16.748835, "fair_value": 16.286512, "relative_strength": -9.059804, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 41.575253, "energy": 63.266995, "activity_lines": [ 16.892527, 16.850597, 16.751457, 16.721717 ] }, { "date": "2025-08-22", "close": 16.953058, "volume": 114659, "typical_volume": 75455.95, "trend": 16.742834, "fair_value": 16.291173, "relative_strength": -8.862454, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 43.95537, "energy": 67.552118, "activity_lines": [ 16.923715, 16.875375, 16.780204, 16.734893 ] }, { "date": "2025-08-29", "close": 17.022176, "volume": 20929, "typical_volume": 72578.35, "trend": 16.740035, "fair_value": 16.296249, "relative_strength": -8.210406, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 78.023326, "energy": 80.020282, "activity_lines": [ 16.960411, 16.908788, 16.813478, 16.752915 ] }, { "date": "2025-09-05", "close": 16.993182, "volume": 71508, "typical_volume": 72452.6, "trend": 16.737837, "fair_value": 16.301056, "relative_strength": -8.363895, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.261189, "energy": 78.835559, "activity_lines": [ 16.976453, 16.930864, 16.840964, 16.769247 ] }, { "date": "2025-09-12", "close": 16.947353, "volume": 75609, "typical_volume": 72390.1, "trend": 16.732491, "fair_value": 16.305482, "relative_strength": -9.737628, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.558617, "energy": 69.66208, "activity_lines": [ 16.973117, 16.940829, 16.860347, 16.782764 ] }, { "date": "2025-09-19", "close": 16.971951, "volume": 156853, "typical_volume": 77331.6, "trend": 16.730168, "fair_value": 16.310016, "relative_strength": -10.429445, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.34202, "energy": 55.574546, "activity_lines": [ 16.975075, 16.953684, 16.879304, 16.798213 ] }, { "date": "2025-09-26", "close": 16.957827, "volume": 136348, "typical_volume": 81344.75, "trend": 16.730215, "fair_value": 16.314393, "relative_strength": -9.984384, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.932218, "energy": 47.695694, "activity_lines": [ 16.968503, 16.960831, 16.894353, 16.812901 ] }, { "date": "2025-10-03", "close": 17.009614, "volume": 70696, "typical_volume": 81476.85, "trend": 16.736035, "fair_value": 16.319059, "relative_strength": -10.434599, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.040329, "energy": 49.315123, "activity_lines": [ 16.978875, 16.972526, 16.912164, 16.830927 ] }, { "date": "2025-10-10", "close": 17.061401, "volume": 142079, "typical_volume": 83940.65, "trend": 16.747476, "fair_value": 16.324008, "relative_strength": -7.709967, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.985853, "energy": 55.583117, "activity_lines": [ 17.007346, 16.990868, 16.933215, 16.851918 ] }, { "date": "2025-10-17", "close": 17.072075, "volume": 65669, "typical_volume": 80929.2, "trend": 16.75736, "fair_value": 16.328962, "relative_strength": -8.999698, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.98181, "energy": 63.324404, "activity_lines": [ 17.034828, 17.008791, 16.952864, 16.87286 ] }, { "date": "2025-10-24", "close": 17.138239, "volume": 57151, "typical_volume": 81386.3, "trend": 16.771711, "fair_value": 16.334286, "relative_strength": -10.119344, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.171026, "energy": 82.974169, "activity_lines": [ 17.07605, 17.035685, 16.976258, 16.897433 ] }, { "date": "2025-10-31", "close": 17.096531, "volume": 74197, "typical_volume": 80735.5, "trend": 16.790878, "fair_value": 16.339268, "relative_strength": -10.679649, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.335793, "energy": 78.803778, "activity_lines": [ 17.092283, 17.050929, 16.993572, 16.918389 ] }, { "date": "2025-11-07", "close": 17.064302, "volume": 84139, "typical_volume": 81995.05, "trend": 16.813465, "fair_value": 16.343976, "relative_strength": -9.157661, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.678874, "energy": 60.675396, "activity_lines": [ 17.088527, 17.057705, 17.006104, 16.936029 ] }, { "date": "2025-11-14", "close": 17.109802, "volume": 164361, "typical_volume": 86864.4, "trend": 16.843522, "fair_value": 16.348917, "relative_strength": -8.826476, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.168195, "energy": 50.962997, "activity_lines": [ 17.096291, 17.071987, 17.02118, 16.955148 ] }, { "date": "2025-11-21", "close": 17.08289, "volume": 79659, "typical_volume": 89604.95, "trend": 16.867425, "fair_value": 16.353622, "relative_strength": -6.994691, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.382476, "energy": 39.131914, "activity_lines": [ 17.091858, 17.079257, 17.032148, 16.970591 ] }, { "date": "2025-11-28", "close": 17.223452, "volume": 22989, "typical_volume": 88344.25, "trend": 16.893747, "fair_value": 16.363879, "relative_strength": -9.350862, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.233611, "energy": 49.068803, "activity_lines": [ 17.133557, 17.109618, 17.055443, 16.99356 ] }, { "date": "2025-12-05", "close": 17.257806, "volume": 83780, "typical_volume": 86461.35, "trend": 16.918938, "fair_value": 16.374406, "relative_strength": -9.2619, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.99782, "energy": 54.838455, "activity_lines": [ 17.181028, 17.141653, 17.079989, 17.017048 ] }, { "date": "2025-12-12", "close": 17.271738, "volume": 53551, "typical_volume": 83349.55, "trend": 16.939517, "fair_value": 16.385122, "relative_strength": -8.45667, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.636398, "energy": 62.432721, "activity_lines": [ 17.22239, 17.170767, 17.103159, 17.039809 ] }, { "date": "2025-12-19", "close": 17.229748, "volume": 57268, "typical_volume": 84121.35, "trend": 16.962057, "fair_value": 16.395645, "relative_strength": -8.561285, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.506064, "energy": 68.15062, "activity_lines": [ 17.235927, 17.187481, 17.120357, 17.058534 ] }, { "date": "2025-12-26", "close": 17.282585, "volume": 67244, "typical_volume": 84611.25, "trend": 16.986969, "fair_value": 16.406556, "relative_strength": -9.33838, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.514877, "energy": 59.526179, "activity_lines": [ 17.25908, 17.21074, 17.141167, 17.079213 ] }, { "date": "2026-01-02", "close": 17.272979, "volume": 111694, "typical_volume": 85519.15, "trend": 17.006218, "fair_value": 16.417355, "relative_strength": -8.21063, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.554149, "energy": 47.971587, "activity_lines": [ 17.265717, 17.228425, 17.159259, 17.097665 ] }, { "date": "2026-01-09", "close": 17.316209, "volume": 75511, "typical_volume": 83561.75, "trend": 17.025529, "fair_value": 16.428206, "relative_strength": -9.162288, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.415515, "energy": 48.046108, "activity_lines": [ 17.283463, 17.251521, 17.179761, 17.117665 ] }, { "date": "2026-01-16", "close": 17.340673, "volume": 48282, "typical_volume": 84929.4, "trend": 17.047267, "fair_value": 16.439219, "relative_strength": -8.478195, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.215226, "energy": 49.093678, "activity_lines": [ 17.30547, 17.275071, 17.200864, 17.137997 ] }, { "date": "2026-01-23", "close": 17.241832, "volume": 411457, "typical_volume": 101926.85, "trend": 17.062481, "fair_value": 16.449621, "relative_strength": -8.454437, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.13192, "energy": 40.280178, "activity_lines": [ 17.289935, 17.275624, 17.211037, 17.150549 ] }, { "date": "2026-01-30", "close": 17.311659, "volume": 59397, "typical_volume": 101116.25, "trend": 17.077527, "fair_value": 16.460468, "relative_strength": -8.206122, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.178357, "energy": 40.119326, "activity_lines": [ 17.296869, 17.286473, 17.226676, 17.166625 ] }, { "date": "2026-02-06", "close": 17.345508, "volume": 64337, "typical_volume": 96490.45, "trend": 17.095735, "fair_value": 16.471612, "relative_strength": -7.611387, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.194788, "energy": 39.623317, "activity_lines": [ 17.313148, 17.299316, 17.243804, 17.183914 ] }, { "date": "2026-02-13", "close": 17.314753, "volume": 59522, "typical_volume": 92649.15, "trend": 17.116557, "fair_value": 16.482501, "relative_strength": -6.377251, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.688405, "energy": 35.030237, "activity_lines": [ 17.314341, 17.304349, 17.256224, 17.198044 ] }, { "date": "2026-02-20", "close": 17.374523, "volume": 88343, "typical_volume": 93531.5, "trend": 17.133797, "fair_value": 16.493698, "relative_strength": -6.867078, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.587048, "energy": 43.428022, "activity_lines": [ 17.335553, 17.319213, 17.272636, 17.214687 ] }, { "date": "2026-02-27", "close": 17.306369, "volume": 71423, "typical_volume": 89998.7, "trend": 17.146288, "fair_value": 16.504206, "relative_strength": -6.525179, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.356449, "energy": 37.456059, "activity_lines": [ 17.331791, 17.319817, 17.28082, 17.225821 ] }, { "date": "2026-03-06", "close": 17.150587, "volume": 85218, "typical_volume": 90976.15, "trend": 17.154515, "fair_value": 16.513817, "relative_strength": -5.216909, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 22.78427, "energy": 13.567142, "activity_lines": [ 17.2718, 17.290704, 17.273002, 17.226098 ] }, { "date": "2026-03-13", "close": 17.05741, "volume": 63985, "typical_volume": 91317.85, "trend": 17.159274, "fair_value": 16.522145, "relative_strength": -4.000871, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -6.385286, "energy": 14.491685, "activity_lines": [ 17.191487, 17.24705, 17.255935, 17.219834 ] }, { "date": "2026-03-20", "close": 17.040167, "volume": 59577, "typical_volume": 90586.85, "trend": 17.162178, "fair_value": 16.530412, "relative_strength": -2.072877, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.145683, "energy": 33.143734, "activity_lines": [ 17.124633, 17.20418, 17.237611, 17.212149 ] }, { "date": "2026-03-27", "close": 16.981357, "volume": 151088, "typical_volume": 93934.3, "trend": 17.160817, "fair_value": 16.538328, "relative_strength": 0.078258, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.904161, "energy": 52.129579, "activity_lines": [ 17.056482, 17.155636, 17.213955, 17.200483 ] }, { "date": "2026-04-03", "close": 17.123481, "volume": 77673, "typical_volume": 89599.9, "trend": 17.165161, "fair_value": 16.546878, "relative_strength": -1.938683, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.903591, "energy": 50.132505, "activity_lines": [ 17.061916, 17.139466, 17.204229, 17.198075 ] }, { "date": "2026-04-10", "close": 17.2362, "volume": 115140, "typical_volume": 91373.95, "trend": 17.174789, "fair_value": 16.556326, "relative_strength": -4.333865, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -11.880727, "energy": 23.751965, "activity_lines": [ 17.117116, 17.145942, 17.205173, 17.202658 ] }, { "date": "2026-04-17", "close": 17.479787, "volume": 59908, "typical_volume": 93219.9, "trend": 17.191717, "fair_value": 16.567424, "relative_strength": -6.731738, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 51.658671, "energy": 25.702789, "activity_lines": [ 17.247804, 17.198079, 17.228586, 17.222335 ] }, { "date": "2026-04-24", "close": 17.474853, "volume": 52949, "typical_volume": 91678.35, "trend": 17.208951, "fair_value": 16.578313, "relative_strength": -6.875317, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 58.290005, "energy": 43.214276, "activity_lines": [ 17.348689, 17.246877, 17.250308, 17.240602 ] }, { "date": "2026-05-01", "close": 17.464986, "volume": 120067, "typical_volume": 95004.15, "trend": 17.22413, "fair_value": 16.588973, "relative_strength": -7.449581, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.84443, "energy": 51.330742, "activity_lines": [ 17.417306, 17.29097, 17.270057, 17.25712 ] }, { "date": "2026-05-08", "close": 17.508007, "volume": 54881, "typical_volume": 94884.8, "trend": 17.239017, "fair_value": 16.599823, "relative_strength": -8.965601, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.5686, "energy": 72.086231, "activity_lines": [ 17.468021, 17.34124, 17.292983, 17.275435 ] }, { "date": "2026-05-15", "close": 17.338587, "volume": 28437, "typical_volume": 92944.45, "trend": 17.247901, "fair_value": 16.609971, "relative_strength": -9.709721, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.247358, "energy": 63.600384, "activity_lines": [ 17.436628, 17.357041, 17.298449, 17.281859 ] }, { "date": "2026-05-22", "close": 17.397724, "volume": 61542, "typical_volume": 90436.85, "trend": 17.25655, "fair_value": 16.620623, "relative_strength": -9.815407, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.855553, "energy": 40.950327, "activity_lines": [ 17.418121, 17.380176, 17.30928, 17.291525 ] }, { "date": "2026-05-29", "close": 17.516921, "volume": 34591, "typical_volume": 88390.85, "trend": 17.270563, "fair_value": 16.631812, "relative_strength": -10.150008, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.39583, "energy": 40.344302, "activity_lines": [ 17.444817, 17.418795, 17.33087, 17.308323 ] }, { "date": "2026-06-05", "close": 17.452356, "volume": 30816, "typical_volume": 87517.55, "trend": 17.283498, "fair_value": 16.642461, "relative_strength": -7.872662, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.289191, "energy": 33.520401, "activity_lines": [ 17.447188, 17.437007, 17.345354, 17.320051 ] }, { "date": "2026-06-12", "close": 17.385191, "volume": 35648, "typical_volume": 68727.1, "trend": 17.292678, "fair_value": 16.652403, "relative_strength": -8.409567, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.395758, "energy": 28.692393, "activity_lines": [ 17.428012, 17.434443, 17.35291, 17.326612 ] }, { "date": "2026-06-19", "close": 17.40305, "volume": 30817, "typical_volume": 67298.1, "trend": 17.30335, "fair_value": 16.662384, "relative_strength": -8.812004, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.100138, "energy": 26.89535, "activity_lines": [ 17.422977, 17.430369, 17.361484, 17.333733 ] }, { "date": "2026-06-26", "close": 17.44775, "volume": 53255, "typical_volume": 66744.0, "trend": 17.310827, "fair_value": 16.672651, "relative_strength": -6.092801, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.198443, "energy": 24.107988, "activity_lines": [ 17.428544, 17.431387, 17.37388, 17.343049 ] }, { "date": "2026-07-03", "close": 17.502382, "volume": 87580, "typical_volume": 68146.9, "trend": 17.318979, "fair_value": 16.683218, "relative_strength": -7.533602, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.489152, "energy": 31.623919, "activity_lines": [ 17.448987, 17.442922, 17.390993, 17.355408 ] }, { "date": "2026-07-10", "close": 17.462649, "volume": 143467, "typical_volume": 70903.1, "trend": 17.325343, "fair_value": 16.69325, "relative_strength": -8.702712, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.543799, "energy": 31.885284, "activity_lines": [ 17.457154, 17.446732, 17.403427, 17.364677 ] }, { "date": "2026-07-17", "close": 17.49, "volume": 65460, "typical_volume": 70604.95, "trend": 17.334018, "fair_value": 16.703377, "relative_strength": -6.887977, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.857496, "energy": 44.502254, "activity_lines": [ 17.473753, 17.455557, 17.418047, 17.3753 ] }, { "date": "2026-07-24", "close": 17.4147, "volume": 51153, "typical_volume": 68901.7, "trend": 17.338422, "fair_value": 16.71306, "relative_strength": -6.515277, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.093873, "energy": 32.999724, "activity_lines": [ 17.458264, 17.451018, 17.424621, 17.380505 ] }, { "date": "2026-07-31", "close": 17.475, "volume": 39649, "typical_volume": 67684.9, "trend": 17.345156, "fair_value": 16.72305, "relative_strength": -6.914626, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.853233, "energy": 31.005169, "activity_lines": [ 17.462099, 17.45606, 17.435681, 17.389316 ] }, { "date": "2026-08-07", "close": 17.465, "volume": 32344, "typical_volume": 66323.25, "trend": 17.350115, "fair_value": 16.733093, "relative_strength": -9.831373, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.202819, "energy": 29.023453, "activity_lines": [ 17.460783, 17.457878, 17.443799, 17.397048 ] } ], "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." } } }