{ "ticker": { "uuid": "8bc55b41-1487-4d6b-bb9d-7f293960e65e", "symbol": "HPQ", "name": "HP Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2c", "phase_label": "Stage 2C \u00b7 Late advance", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 83.017, "architecture_energy": 78.735, "architecture_maturity": 24.0, "architecture_confidence": 79.864, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 14.61, "rotation_up": 77.89, "upward_expansion": 92.22, "deceleration": 42.52, "rotation_down": 10.69, "downward_expansion": 16.55 }, "activity_lines": [ 27.365333, 25.791871, 24.53663, 23.211974 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 30.05, "trend_reference": 21.649953, "distance_from_trend": 0.387994, "trend_direction": "Improving", "fair_value": 26.396598, "distance_from_fair_value": 0.138404, "fair_value_direction": "Improving", "relative_strength": 16.203443, "relative_strength_direction": "Improving", "price_momentum": 0.572998, "excess_performance": 0.447373, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.387994, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.030288, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.138404, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.296926, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.162034, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.296151, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.572998, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.231866, "read": "Demand-led" } ], "volume": { "latest": 73560145, "relative_activity": 0.843681, "balance": 1.231866, "dry_up": 0.887846, "accumulation_observations": 3, "distribution_observations": 2 }, "risk": { "range_context": 0.097201, "annualized_volatility": 0.460809, "from_high_reference": -0.000333, "from_low_reference": 0.760217 }, "levels": { "trend_reference": 21.649953, "fair_value_reference": 26.396598, "structural_low": 17.071757, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 18, "median_return": -0.02294, "positive_rate": 0.388889, "directional_follow_through": 0.388889, "median_excess_return": 0.000836, "regime_survival": 0.611111, "best_return": 0.088821, "worst_return": -0.111784, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": -0.053923, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": -0.092697, "regime_survival": 0.285714, "best_return": 0.176187, "worst_return": -0.200908, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.114912, "positive_rate": 0.2, "directional_follow_through": 0.2, "median_excess_return": -0.10951, "regime_survival": 0.0, "best_return": 0.112763, "worst_return": -0.348877, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.207975, "positive_rate": 0.0, "directional_follow_through": 0.0, "median_excess_return": -0.263223, "regime_survival": 0.0, "best_return": -0.023438, "worst_return": -0.294043, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-10-18", "end": "2024-12-13", "tenure": "Developing", "return": -0.065467, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-20", "end": "2024-12-27", "tenure": "New", "return": 0.010322, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-03", "end": "2025-01-10", "tenure": "New", "return": 0.001811, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-01-17", "end": "2025-08-08", "tenure": "Extended", "return": -0.179239, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-08-29", "tenure": "New", "return": 0.067315, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-09-05", "end": "2025-09-19", "tenure": "New", "return": -0.030427, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-26", "end": "2025-10-03", "tenure": "New", "return": -0.002621, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-10-10", "end": "2025-11-21", "tenure": "Developing", "return": -0.062231, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-28", "end": "2026-01-02", "tenure": "Developing", "return": -0.083491, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2026-01-09", "end": "2026-05-22", "tenure": "Established", "return": 0.194699, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-05-29", "end": "2026-06-12", "tenure": "New", "return": -0.055226, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-06-19", "end": "2026-07-03", "tenure": "New", "return": -0.066809, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-10", "end": "2026-07-24", "tenure": "New", "return": 0.063171, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": 0.101944, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 27.464641, "volume": 30291067, "typical_volume": 31953636.75, "trend": 26.513307, "fair_value": 25.370286, "relative_strength": -0.039977, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.962853, "energy": 39.614237, "activity_lines": [ 28.364802, 28.257889, 27.642182, 27.111843 ] }, { "date": "2023-08-25", "close": 27.270107, "volume": 23547384, "typical_volume": 32073409.5, "trend": 26.576053, "fair_value": 25.442564, "relative_strength": -1.375474, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.625812, "energy": 24.448826, "activity_lines": [ 27.956281, 28.129754, 27.656641, 27.160668 ] }, { "date": "2023-09-01", "close": 26.854512, "volume": 56061906, "typical_volume": 33472125.95, "trend": 26.587887, "fair_value": 25.515381, "relative_strength": -5.248263, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.074929, "energy": 17.857878, "activity_lines": [ 27.491758, 27.928628, 27.623953, 27.178633 ] }, { "date": "2023-09-08", "close": 26.041007, "volume": 30411835, "typical_volume": 33355577.9, "trend": 26.588238, "fair_value": 25.581771, "relative_strength": -6.897945, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 5.847958, "energy": 19.3555, "activity_lines": [ 26.889292, 27.567374, 27.510415, 27.143351 ] }, { "date": "2023-09-15", "close": 24.394532, "volume": 59633225, "typical_volume": 34912796.9, "trend": 26.528205, "fair_value": 25.639379, "relative_strength": -12.493467, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -39.385878, "energy": 39.491585, "activity_lines": [ 25.913672, 26.927018, 27.23915, 27.001822 ] }, { "date": "2023-09-22", "close": 23.885941, "volume": 40961275, "typical_volume": 35625539.35, "trend": 26.478435, "fair_value": 25.697114, "relative_strength": -11.611577, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -44.350823, "energy": 65.169465, "activity_lines": [ 25.073999, 26.251137, 26.927329, 26.831353 ] }, { "date": "2023-09-29", "close": 22.931217, "volume": 45980430, "typical_volume": 36482286.5, "trend": 26.4145, "fair_value": 25.744611, "relative_strength": -14.367731, "stage": 1, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -57.166271, "energy": 77.412085, "activity_lines": [ 24.154665, 25.49455, 26.536639, 26.6025 ] }, { "date": "2023-10-06", "close": 23.10967, "volume": 51966239, "typical_volume": 37683227.45, "trend": 26.382556, "fair_value": 25.791793, "relative_strength": -13.942122, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.286806, "energy": 77.629521, "activity_lines": [ 23.584074, 24.871806, 26.174411, 26.389285 ] }, { "date": "2023-10-13", "close": 23.645029, "volume": 41785074, "typical_volume": 38127914.45, "trend": 26.351214, "fair_value": 25.841208, "relative_strength": -12.148374, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.204413, "energy": 84.258144, "activity_lines": [ 23.441593, 24.450822, 25.880634, 26.212671 ] }, { "date": "2023-10-20", "close": 23.207819, "volume": 35948481, "typical_volume": 36590635.75, "trend": 26.314651, "fair_value": 25.890323, "relative_strength": -11.457753, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.5356, "energy": 81.11584, "activity_lines": [ 23.313106, 24.041819, 25.563308, 26.009871 ] }, { "date": "2023-10-27", "close": 23.056134, "volume": 29929429, "typical_volume": 36323589.4, "trend": 26.225392, "fair_value": 25.944511, "relative_strength": -9.592341, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.601678, "energy": 71.221159, "activity_lines": [ 23.213173, 23.710126, 25.248574, 25.799644 ] }, { "date": "2023-11-03", "close": 24.465913, "volume": 29762774, "typical_volume": 34939501.25, "trend": 26.184879, "fair_value": 26.001012, "relative_strength": -9.097403, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.94988, "energy": 48.374538, "activity_lines": [ 23.638486, 23.714911, 25.082735, 25.686129 ] }, { "date": "2023-11-10", "close": 24.644366, "volume": 35093754, "typical_volume": 34482724.45, "trend": 26.134825, "fair_value": 26.056781, "relative_strength": -9.352101, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.09456, "energy": 36.511167, "activity_lines": [ 24.02097, 23.803127, 24.947918, 25.586741 ] }, { "date": "2023-11-17", "close": 25.260029, "volume": 40904514, "typical_volume": 34897124.25, "trend": 26.11523, "fair_value": 26.112119, "relative_strength": -8.928725, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -39.685734, "energy": 24.005017, "activity_lines": [ 24.506362, 24.043466, 24.87906, 25.530303 ] }, { "date": "2023-11-24", "close": 25.554477, "volume": 41929586, "typical_volume": 35832949.65, "trend": 26.098728, "fair_value": 26.159858, "relative_strength": -8.510959, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -29.147884, "energy": 26.780244, "activity_lines": [ 24.982237, 24.351541, 24.84727, 25.494125 ] }, { "date": "2023-12-01", "close": 26.321825, "volume": 43217099, "typical_volume": 36195467.05, "trend": 26.095529, "fair_value": 26.204646, "relative_strength": -6.357034, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -4.671408, "energy": 22.214599, "activity_lines": [ 25.557451, 24.778044, 24.897951, 25.508519 ] }, { "date": "2023-12-08", "close": 26.286134, "volume": 46572244, "typical_volume": 37415326.75, "trend": 26.127088, "fair_value": 26.251704, "relative_strength": -6.543072, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": 6.126441, "energy": 26.098024, "activity_lines": [ 25.903055, 25.153768, 24.957959, 25.520816 ] }, { "date": "2023-12-15", "close": 27.714307, "volume": 74573468, "typical_volume": 40108347.4, "trend": 26.158322, "fair_value": 26.300824, "relative_strength": -3.699738, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 44.984947, "energy": 53.91426, "activity_lines": [ 26.603369, 25.728163, 25.164565, 25.623217 ] }, { "date": "2023-12-22", "close": 27.174067, "volume": 43008251, "typical_volume": 41223987.45, "trend": 26.149336, "fair_value": 26.347531, "relative_strength": -6.313056, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 33.59456, "energy": 61.909847, "activity_lines": [ 26.918939, 26.12061, 25.325141, 25.688749 ] }, { "date": "2023-12-29", "close": 27.093031, "volume": 20884741, "typical_volume": 41123138.8, "trend": 26.159569, "fair_value": 26.391985, "relative_strength": -6.773482, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.560867, "energy": 63.647959, "activity_lines": [ 27.079896, 26.43416, 25.485151, 25.749632 ] }, { "date": "2024-01-05", "close": 26.966975, "volume": 31443958, "typical_volume": 41180783.35, "trend": 26.18752, "fair_value": 26.430691, "relative_strength": -5.539352, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 28.718129, "energy": 59.643639, "activity_lines": [ 27.096263, 26.654151, 25.642126, 25.801723 ] }, { "date": "2024-01-12", "close": 26.840919, "volume": 44288243, "typical_volume": 42217826.3, "trend": 26.168498, "fair_value": 26.47048, "relative_strength": -7.549757, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 24.79687, "energy": 34.240338, "activity_lines": [ 27.027602, 26.780115, 25.789465, 25.843878 ] }, { "date": "2024-01-19", "close": 26.219643, "volume": 32829687, "typical_volume": 41056215.35, "trend": 26.169736, "fair_value": 26.505762, "relative_strength": -10.545123, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 18.980314, "energy": 22.351167, "activity_lines": [ 26.714863, 26.749939, 25.879679, 25.847178 ] }, { "date": "2024-01-26", "close": 27.011995, "volume": 40950676, "typical_volume": 41583157.4, "trend": 26.164964, "fair_value": 26.55101, "relative_strength": -8.548393, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.414343, "energy": 20.880582, "activity_lines": [ 26.765886, 26.835185, 26.048379, 25.901517 ] }, { "date": "2024-02-02", "close": 25.823467, "volume": 44211340, "typical_volume": 40812063.15, "trend": 26.108195, "fair_value": 26.579128, "relative_strength": -13.442235, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 8.018381, "energy": 10.213638, "activity_lines": [ 26.431537, 26.672482, 26.099261, 25.879485 ] }, { "date": "2024-02-09", "close": 25.589363, "volume": 35303052, "typical_volume": 40529152.0, "trend": 25.994694, "fair_value": 26.598703, "relative_strength": -15.027863, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -5.245374, "energy": 13.221827, "activity_lines": [ 26.103792, 26.462323, 26.121044, 25.846012 ] }, { "date": "2024-02-16", "close": 25.733427, "volume": 30703112, "typical_volume": 39765286.1, "trend": 25.902207, "fair_value": 26.621252, "relative_strength": -13.880319, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -6.239288, "energy": 12.962958, "activity_lines": [ 25.915908, 26.291675, 26.148435, 25.829156 ] }, { "date": "2024-02-23", "close": 26.354703, "volume": 25081846, "typical_volume": 38421066.45, "trend": 25.818933, "fair_value": 26.637956, "relative_strength": -12.882335, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.653928, "energy": 20.873146, "activity_lines": [ 26.008949, 26.244036, 26.221651, 25.858349 ] }, { "date": "2024-03-01", "close": 26.480759, "volume": 63022223, "typical_volume": 39482923.9, "trend": 25.745757, "fair_value": 26.651369, "relative_strength": -13.016177, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 22.090583, "energy": 14.515634, "activity_lines": [ 26.135005, 26.244036, 26.291421, 25.901048 ] }, { "date": "2024-03-08", "close": 27.678291, "volume": 60227049, "typical_volume": 40696852.3, "trend": 25.702477, "fair_value": 26.668649, "relative_strength": -8.608401, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.622044, "energy": 34.659361, "activity_lines": [ 26.695654, 26.474374, 26.461737, 26.025727 ] }, { "date": "2024-03-15", "close": 27.637662, "volume": 52823467, "typical_volume": 41841554.2, "trend": 25.708244, "fair_value": 26.686726, "relative_strength": -8.400624, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.764075, "energy": 60.732949, "activity_lines": [ 27.119106, 26.686685, 26.606896, 26.150578 ] }, { "date": "2024-03-22", "close": 27.301504, "volume": 32126425, "typical_volume": 41959736.75, "trend": 25.709291, "fair_value": 26.694293, "relative_strength": -11.203926, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.733628, "energy": 61.98914, "activity_lines": [ 27.293951, 26.825681, 26.698224, 26.253369 ] }, { "date": "2024-03-29", "close": 27.455955, "volume": 25467066, "typical_volume": 41478402.35, "trend": 25.729339, "fair_value": 26.700786, "relative_strength": -10.69057, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.95258, "energy": 64.6379, "activity_lines": [ 27.415741, 26.984386, 26.790758, 26.366057 ] }, { "date": "2024-04-05", "close": 26.44748, "volume": 30330419, "typical_volume": 40949697.6, "trend": 25.742888, "fair_value": 26.695897, "relative_strength": -12.839916, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.973942, "energy": 36.481907, "activity_lines": [ 27.127956, 26.937253, 26.773858, 26.412389 ] }, { "date": "2024-04-12", "close": 25.920529, "volume": 31611125, "typical_volume": 40433774.55, "trend": 25.793754, "fair_value": 26.682341, "relative_strength": -12.920655, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.611924, "energy": 11.398, "activity_lines": [ 26.66674, 26.804574, 26.701118, 26.423849 ] }, { "date": "2024-04-19", "close": 25.266383, "volume": 28750395, "typical_volume": 39710439.35, "trend": 25.839769, "fair_value": 26.662264, "relative_strength": -12.063112, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -3.268922, "energy": 13.841726, "activity_lines": [ 26.104659, 26.551195, 26.564335, 26.389825 ] }, { "date": "2024-04-26", "close": 25.439005, "volume": 36153456, "typical_volume": 39189499.95, "trend": 25.923362, "fair_value": 26.644934, "relative_strength": -13.356924, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -20.436836, "energy": 27.404902, "activity_lines": [ 25.758204, 26.335074, 26.449019, 26.36397 ] }, { "date": "2024-05-03", "close": 25.602542, "volume": 28979369, "typical_volume": 36909795.0, "trend": 26.006458, "fair_value": 26.62093, "relative_strength": -12.885129, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.405034, "energy": 30.439896, "activity_lines": [ 25.590428, 26.154041, 26.353311, 26.343271 ] }, { "date": "2024-05-10", "close": 27.001687, "volume": 28509335, "typical_volume": 36184849.2, "trend": 26.118346, "fair_value": 26.619911, "relative_strength": -9.487471, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -8.708929, "energy": 15.617621, "activity_lines": [ 26.012594, 26.241073, 26.400911, 26.40748 ] }, { "date": "2024-05-17", "close": 28.337235, "volume": 30422716, "typical_volume": 36661747.95, "trend": 26.289327, "fair_value": 26.634116, "relative_strength": -6.197042, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 53.287112, "energy": 26.458427, "activity_lines": [ 26.842996, 26.56146, 26.576527, 26.550634 ] }, { "date": "2024-05-24", "close": 29.754551, "volume": 34836660, "typical_volume": 36831383.05, "trend": 26.512607, "fair_value": 26.670259, "relative_strength": -1.167405, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 78.884033, "energy": 66.585942, "activity_lines": [ 27.984723, 27.127561, 26.881201, 26.774197 ] }, { "date": "2024-05-31", "close": 33.16156, "volume": 88720126, "typical_volume": 39052977.2, "trend": 26.802462, "fair_value": 26.720837, "relative_strength": 10.605098, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 90.967868, "energy": 89.144883, "activity_lines": [ 29.962908, 28.274628, 27.497078, 27.203161 ] }, { "date": "2024-06-07", "close": 33.116134, "volume": 48206378, "typical_volume": 39821811.75, "trend": 27.084855, "fair_value": 26.77302, "relative_strength": 9.067242, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.564205, "energy": 95.282343, "activity_lines": [ 31.411115, 29.30689, 28.07853, 27.610495 ] }, { "date": "2024-06-14", "close": 32.507053, "volume": 39307778, "typical_volume": 39739666.85, "trend": 27.326422, "fair_value": 26.828802, "relative_strength": 5.44407, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.397512, "energy": 90.442411, "activity_lines": [ 32.155388, 30.125498, 28.569134, 27.960314 ] }, { "date": "2024-06-21", "close": 33.294326, "volume": 43554758, "typical_volume": 39706837.75, "trend": 27.584417, "fair_value": 26.884096, "relative_strength": 7.313162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.271143, "energy": 91.013207, "activity_lines": [ 32.795061, 30.977072, 29.108549, 28.34534 ] }, { "date": "2024-06-28", "close": 32.058491, "volume": 41417209, "typical_volume": 40012545.6, "trend": 27.775639, "fair_value": 26.926199, "relative_strength": 3.497188, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.18739, "energy": 81.536741, "activity_lines": [ 32.692316, 31.46988, 29.49469, 28.63399 ] }, { "date": "2024-07-05", "close": 31.701471, "volume": 19138140, "typical_volume": 39434297.0, "trend": 27.95615, "fair_value": 26.969526, "relative_strength": 0.642641, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.238238, "energy": 58.987727, "activity_lines": [ 32.316969, 31.774282, 29.816024, 28.88727 ] }, { "date": "2024-07-12", "close": 33.623882, "volume": 30332392, "typical_volume": 39696824.3, "trend": 28.153136, "fair_value": 27.038589, "relative_strength": 5.919544, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.242527, "energy": 61.008058, "activity_lines": [ 32.679765, 32.314351, 30.292026, 29.25293 ] }, { "date": "2024-07-19", "close": 34.008364, "volume": 33867700, "typical_volume": 38239098.15, "trend": 28.380946, "fair_value": 27.106497, "relative_strength": 9.350916, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.42814, "energy": 58.815065, "activity_lines": [ 33.136871, 32.778483, 30.77003, 29.630687 ] }, { "date": "2024-07-26", "close": 33.266863, "volume": 31192574, "typical_volume": 36787374.4, "trend": 28.586741, "fair_value": 27.166085, "relative_strength": 7.96808, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.531656, "energy": 53.160717, "activity_lines": [ 33.246723, 32.980402, 31.141568, 29.945907 ] }, { "date": "2024-08-02", "close": 30.868427, "volume": 31820622, "typical_volume": 35737232.15, "trend": 28.716789, "fair_value": 27.207905, "relative_strength": 2.602936, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 48.689053, "energy": 40.433991, "activity_lines": [ 32.558928, 32.656613, 31.258073, 30.093113 ] }, { "date": "2024-08-09", "close": 30.703649, "volume": 33611922, "typical_volume": 35811507.0, "trend": 28.845547, "fair_value": 27.250317, "relative_strength": 2.328329, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.415708, "energy": 27.829745, "activity_lines": [ 31.895543, 32.282611, 31.343499, 30.221297 ] }, { "date": "2024-08-16", "close": 32.873227, "volume": 27673375, "typical_volume": 35921822.45, "trend": 29.067333, "fair_value": 27.310842, "relative_strength": 5.507355, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.737012, "energy": 24.548916, "activity_lines": [ 32.021873, 32.347768, 31.619351, 30.481147 ] }, { "date": "2024-08-23", "close": 32.644368, "volume": 32459816, "typical_volume": 36028292.3, "trend": 29.255079, "fair_value": 27.366175, "relative_strength": 3.484559, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.333692, "energy": 22.6103, "activity_lines": [ 32.121961, 32.37573, 31.847611, 30.711924 ] }, { "date": "2024-08-30", "close": 33.120394, "volume": 54772238, "typical_volume": 37186347.95, "trend": 29.49831, "fair_value": 27.419555, "relative_strength": 4.762283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 51.275387, "energy": 30.963817, "activity_lines": [ 32.471657, 32.487746, 32.091697, 30.961299 ] }, { "date": "2024-09-06", "close": 30.95997, "volume": 30407598, "typical_volume": 37269208.1, "trend": 29.67733, "fair_value": 27.467979, "relative_strength": 2.224274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.997022, "energy": 25.077787, "activity_lines": [ 32.110976, 32.21012, 32.095744, 31.0556 ] }, { "date": "2024-09-13", "close": 30.754169, "volume": 37286433, "typical_volume": 37325856.95, "trend": 29.844688, "fair_value": 27.516798, "relative_strength": -2.337701, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.164047, "energy": 11.500202, "activity_lines": [ 31.675591, 31.915048, 32.053078, 31.125073 ] }, { "date": "2024-09-20", "close": 32.08328, "volume": 69590769, "typical_volume": 39356426.95, "trend": 30.03564, "fair_value": 27.573011, "relative_strength": 0.448321, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 19.950315, "energy": 11.334763, "activity_lines": [ 31.679876, 31.878857, 32.111684, 31.269499 ] }, { "date": "2024-09-27", "close": 32.683227, "volume": 37390753, "typical_volume": 39800497.85, "trend": 30.242389, "fair_value": 27.632106, "relative_strength": 1.65198, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.858779, "energy": 14.345942, "activity_lines": [ 31.936806, 31.979758, 32.196567, 31.440311 ] }, { "date": "2024-10-04", "close": 33.218563, "volume": 39813560, "typical_volume": 40270040.05, "trend": 30.427065, "fair_value": 27.695597, "relative_strength": 2.923537, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.993043, "energy": 22.221469, "activity_lines": [ 32.369591, 32.202087, 32.305379, 31.632322 ] }, { "date": "2024-10-11", "close": 34.160017, "volume": 28941363, "typical_volume": 39975275.2, "trend": 30.644477, "fair_value": 27.763033, "relative_strength": 4.513969, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 60.718295, "energy": 43.839324, "activity_lines": [ 33.10965, 32.596467, 32.480609, 31.873157 ] }, { "date": "2024-10-18", "close": 34.409226, "volume": 26802411, "typical_volume": 36879389.45, "trend": 30.881401, "fair_value": 27.820332, "relative_strength": 4.267085, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.682861, "energy": 58.56319, "activity_lines": [ 33.719441, 32.97631, 32.658596, 32.116044 ] }, { "date": "2024-10-25", "close": 34.040028, "volume": 26128024, "typical_volume": 35775471.75, "trend": 31.10087, "fair_value": 27.876014, "relative_strength": 4.070192, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.584783, "energy": 59.137244, "activity_lines": [ 33.962497, 33.221653, 32.795479, 32.319827 ] }, { "date": "2024-11-01", "close": 33.486232, "volume": 28893113, "typical_volume": 35254738.5, "trend": 31.335495, "fair_value": 27.919466, "relative_strength": 3.755028, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.483712, "energy": 54.462257, "activity_lines": [ 33.890503, 33.34509, 32.87522, 32.473721 ] }, { "date": "2024-11-08", "close": 33.984649, "volume": 34559134, "typical_volume": 34804957.3, "trend": 31.604299, "fair_value": 27.966809, "relative_strength": 0.51597, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.609492, "energy": 39.83528, "activity_lines": [ 33.931115, 33.543843, 32.997767, 32.644634 ] }, { "date": "2024-11-15", "close": 33.892349, "volume": 36365605, "typical_volume": 34552377.1, "trend": 31.891831, "fair_value": 28.015543, "relative_strength": 2.334771, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.865291, "energy": 31.916992, "activity_lines": [ 33.889888, 33.7101, 33.108236, 32.79225 ] }, { "date": "2024-11-22", "close": 35.193771, "volume": 30149915, "typical_volume": 35102965.85, "trend": 32.21699, "fair_value": 28.055847, "relative_strength": 4.444159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.261242, "energy": 38.314693, "activity_lines": [ 34.300313, 34.059663, 33.333917, 33.005279 ] }, { "date": "2024-11-29", "close": 32.701687, "volume": 61997402, "typical_volume": 36686216.35, "trend": 32.453628, "fair_value": 28.064262, "relative_strength": -3.960152, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.15434, "energy": 20.925701, "activity_lines": [ 33.82774, 33.8754, 33.305627, 33.03655 ] }, { "date": "2024-12-06", "close": 33.412392, "volume": 42203524, "typical_volume": 37103007.55, "trend": 32.667319, "fair_value": 28.081925, "relative_strength": -2.625297, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.490168, "energy": 18.421266, "activity_lines": [ 33.681291, 33.809112, 33.349414, 33.098405 ] }, { "date": "2024-12-13", "close": 32.156566, "volume": 32752880, "typical_volume": 37181022.85, "trend": 32.79463, "fair_value": 28.090783, "relative_strength": -5.521207, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 18.543616, "energy": 10.243677, "activity_lines": [ 33.121157, 33.501235, 33.276437, 33.065453 ] }, { "date": "2024-12-20", "close": 30.658098, "volume": 52234919, "typical_volume": 38201737.7, "trend": 32.824748, "fair_value": 28.084209, "relative_strength": -8.043525, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -26.097305, "energy": 24.439256, "activity_lines": [ 32.183405, 32.940218, 33.066036, 32.927613 ] }, { "date": "2024-12-27", "close": 30.974545, "volume": 14856335, "typical_volume": 37263958.35, "trend": 32.751847, "fair_value": 28.079556, "relative_strength": -7.518141, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -24.174318, "energy": 37.851413, "activity_lines": [ 31.566752, 32.500408, 32.886774, 32.808245 ] }, { "date": "2025-01-03", "close": 30.844243, "volume": 18482034, "typical_volume": 36804391.3, "trend": 32.676118, "fair_value": 28.068781, "relative_strength": -7.232599, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.053681, "energy": 46.955548, "activity_lines": [ 31.187948, 32.099355, 32.693813, 32.685174 ] }, { "date": "2025-01-10", "close": 30.900087, "volume": 24215776, "typical_volume": 36392189.3, "trend": 32.622552, "fair_value": 28.059605, "relative_strength": -5.106501, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -60.48715, "energy": 62.607923, "activity_lines": [ 30.951587, 31.766561, 32.515832, 32.570591 ] }, { "date": "2025-01-17", "close": 30.257886, "volume": 36237410, "typical_volume": 35465447.9, "trend": 32.521337, "fair_value": 28.065516, "relative_strength": -9.599391, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.065256, "energy": 61.388276, "activity_lines": [ 30.668646, 31.364024, 32.284995, 32.418032 ] }, { "date": "2025-01-24", "close": 30.462646, "volume": 21615175, "typical_volume": 35025826.75, "trend": 32.468143, "fair_value": 28.064972, "relative_strength": -10.357592, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.063306, "energy": 52.74282, "activity_lines": [ 30.580538, 31.066476, 32.08729, 32.285213 ] }, { "date": "2025-01-31", "close": 30.248579, "volume": 29963405, "typical_volume": 34659675.35, "trend": 32.419713, "fair_value": 28.056043, "relative_strength": -9.996006, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.183402, "energy": 50.504745, "activity_lines": [ 30.434104, 30.792364, 31.871566, 32.142015 ] }, { "date": "2025-02-07", "close": 30.034512, "volume": 29354400, "typical_volume": 32647856.9, "trend": 32.300067, "fair_value": 28.047198, "relative_strength": -10.423796, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.589474, "energy": 47.508784, "activity_lines": [ 30.264712, 30.569244, 31.637862, 31.988131 ] }, { "date": "2025-02-14", "close": 31.309606, "volume": 23697986, "typical_volume": 31963218.55, "trend": 32.210109, "fair_value": 28.052623, "relative_strength": -7.962414, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.162712, "energy": 34.782488, "activity_lines": [ 30.574333, 30.626453, 31.535351, 31.924231 ] }, { "date": "2025-02-21", "close": 32.231024, "volume": 23196679, "typical_volume": 31132374.5, "trend": 32.175581, "fair_value": 28.073394, "relative_strength": -3.751073, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.551689, "energy": 19.635858, "activity_lines": [ 31.163792, 30.889426, 31.527136, 31.92558 ] }, { "date": "2025-02-28", "close": 28.731496, "volume": 54810074, "typical_volume": 32425810.05, "trend": 32.10435, "fair_value": 28.061483, "relative_strength": -13.2519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.370776, "energy": 38.095348, "activity_lines": [ 30.4552, 30.514766, 31.190335, 31.703381 ] }, { "date": "2025-03-07", "close": 28.424357, "volume": 47974589, "typical_volume": 33484418.95, "trend": 32.028373, "fair_value": 28.046554, "relative_strength": -11.292123, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.631973, "energy": 46.326088, "activity_lines": [ 29.759638, 30.119293, 30.850133, 31.465962 ] }, { "date": "2025-03-14", "close": 26.710696, "volume": 41063292, "typical_volume": 34231182.35, "trend": 31.822955, "fair_value": 28.016293, "relative_strength": -14.483421, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.936482, "energy": 77.453504, "activity_lines": [ 28.61447, 29.458611, 30.375224, 31.122886 ] }, { "date": "2025-03-21", "close": 26.964546, "volume": 48736178, "typical_volume": 35223335.6, "trend": 31.633628, "fair_value": 27.972721, "relative_strength": -13.952399, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.385353, "energy": 85.440602, "activity_lines": [ 27.775507, 28.91924, 29.959393, 30.809441 ] }, { "date": "2025-03-28", "close": 26.231201, "volume": 29788602, "typical_volume": 34984809.0, "trend": 31.403988, "fair_value": 27.947481, "relative_strength": -14.863945, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.265522, "energy": 88.228881, "activity_lines": [ 26.981766, 28.318088, 29.504775, 30.460897 ] }, { "date": "2025-04-04", "close": 21.257615, "volume": 67446123, "typical_volume": 36538834.9, "trend": 31.080576, "fair_value": 27.873899, "relative_strength": -23.873836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -96.07347, "energy": 97.25233, "activity_lines": [ 24.930151, 26.885861, 28.613404, 29.806292 ] }, { "date": "2025-04-11", "close": 22.037969, "volume": 81086808, "typical_volume": 39085679.55, "trend": 30.790036, "fair_value": 27.811621, "relative_strength": -25.051808, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -85.592749, "energy": 93.594472, "activity_lines": [ 23.636913, 25.76288, 27.856517, 29.222898 ] }, { "date": "2025-04-18", "close": 22.404642, "volume": 33867500, "typical_volume": 37679184.45, "trend": 30.467415, "fair_value": 27.755388, "relative_strength": -22.468138, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.680947, "energy": 88.852448, "activity_lines": [ 22.891659, 24.855851, 27.197199, 28.681905 ] }, { "date": "2025-04-25", "close": 23.767912, "volume": 34082476, "typical_volume": 37273132.05, "trend": 30.170238, "fair_value": 27.708762, "relative_strength": -21.162004, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.659696, "energy": 77.71081, "activity_lines": [ 22.887898, 24.335414, 26.716749, 28.249679 ] }, { "date": "2025-05-02", "close": 24.397837, "volume": 28974716, "typical_volume": 37084223.85, "trend": 29.876214, "fair_value": 27.663675, "relative_strength": -21.162142, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.652801, "energy": 61.046468, "activity_lines": [ 23.307221, 24.06663, 26.342218, 27.877266 ] }, { "date": "2025-05-09", "close": 24.877332, "volume": 29126620, "typical_volume": 35928808.9, "trend": 29.566791, "fair_value": 27.623347, "relative_strength": -19.027936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.872707, "energy": 49.446993, "activity_lines": [ 24.0086, 24.02745, 26.0503, 27.554757 ] }, { "date": "2025-05-16", "close": 27.566265, "volume": 40517889, "typical_volume": 37211886.6, "trend": 29.338692, "fair_value": 27.611825, "relative_strength": -14.548994, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.855184, "energy": 24.981375, "activity_lines": [ 25.364975, 24.547241, 26.041998, 27.425691 ] }, { "date": "2025-05-23", "close": 26.306416, "volume": 35580739, "typical_volume": 38066821.85, "trend": 29.080905, "fair_value": 27.569956, "relative_strength": -15.987609, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.338272, "energy": 25.720367, "activity_lines": [ 25.932848, 24.853571, 25.92994, 27.230061 ] }, { "date": "2025-05-30", "close": 23.410642, "volume": 70576690, "typical_volume": 40384867.55, "trend": 28.745052, "fair_value": 27.503765, "relative_strength": -25.908237, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.286461, "energy": 27.008671, "activity_lines": [ 25.275345, 24.640747, 25.563703, 26.864237 ] }, { "date": "2025-06-06", "close": 23.673894, "volume": 55385555, "typical_volume": 41342274.8, "trend": 28.40136, "fair_value": 27.462653, "relative_strength": -25.673436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -46.8565, "energy": 26.073057, "activity_lines": [ 24.72941, 24.540404, 25.258201, 26.537066 ] }, { "date": "2025-06-13", "close": 22.675391, "volume": 40190600, "typical_volume": 42271046.05, "trend": 28.027462, "fair_value": 27.424598, "relative_strength": -27.96244, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.950422, "energy": 45.265096, "activity_lines": [ 23.898904, 24.305011, 24.888957, 26.167648 ] }, { "date": "2025-06-20", "close": 22.932201, "volume": 41993668, "typical_volume": 42872559.2, "trend": 27.618743, "fair_value": 27.379005, "relative_strength": -26.405342, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.251612, "energy": 55.31801, "activity_lines": [ 23.300797, 24.090533, 24.581252, 25.838922 ] }, { "date": "2025-06-27", "close": 23.559959, "volume": 45928336, "typical_volume": 43701256.0, "trend": 27.314018, "fair_value": 27.355804, "relative_strength": -26.351371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.011509, "energy": 49.840017, "activity_lines": [ 23.22088, 23.973934, 24.368174, 25.577065 ] }, { "date": "2025-07-04", "close": 24.729872, "volume": 37841613, "typical_volume": 44408437.35, "trend": 27.024601, "fair_value": 27.338791, "relative_strength": -23.465271, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.528929, "energy": 40.15849, "activity_lines": [ 23.714032, 24.049041, 24.297348, 25.410346 ] }, { "date": "2025-07-11", "close": 24.178206, "volume": 34835032, "typical_volume": 44990355.0, "trend": 26.758656, "fair_value": 27.320701, "relative_strength": -24.346223, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.656933, "energy": 31.911996, "activity_lines": [ 23.935346, 24.006354, 24.205314, 25.226707 ] }, { "date": "2025-07-18", "close": 23.835792, "volume": 36056338, "typical_volume": 44052668.2, "trend": 26.531246, "fair_value": 27.295988, "relative_strength": -25.193873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.604596, "energy": 22.868925, "activity_lines": [ 24.008901, 23.905404, 24.119016, 25.038135 ] }, { "date": "2025-07-25", "close": 24.425505, "volume": 32513156, "typical_volume": 43279596.55, "trend": 26.312944, "fair_value": 27.270027, "relative_strength": -23.809732, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.326094, "energy": 17.259528, "activity_lines": [ 24.201668, 23.930612, 24.112194, 24.902281 ] }, { "date": "2025-08-01", "close": 23.255591, "volume": 40204713, "typical_volume": 43236667.6, "trend": 26.059989, "fair_value": 27.235527, "relative_strength": -25.05619, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.634689, "energy": 24.938658, "activity_lines": [ 23.904909, 23.800212, 24.012993, 24.705032 ] }, { "date": "2025-08-08", "close": 24.834499, "volume": 36110512, "typical_volume": 42605384.3, "trend": 25.857803, "fair_value": 27.205298, "relative_strength": -21.323334, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.261307, "energy": 15.600629, "activity_lines": [ 24.154744, 24.012356, 24.080618, 24.625969 ] }, { "date": "2025-08-15", "close": 25.433723, "volume": 39311418, "typical_volume": 43081525.1, "trend": 25.696998, "fair_value": 27.181207, "relative_strength": -19.568374, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.397509, "energy": 6.56767, "activity_lines": [ 24.597346, 24.307562, 24.215455, 24.598609 ] }, { "date": "2025-08-22", "close": 26.384872, "volume": 33273671, "typical_volume": 41372902.5, "trend": 25.561072, "fair_value": 27.178739, "relative_strength": -16.215157, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 7.742335, "energy": 16.057686, "activity_lines": [ 25.273296, 24.743707, 24.444675, 24.642988 ] }, { "date": "2025-08-29", "close": 27.145791, "volume": 64768697, "typical_volume": 40556996.95, "trend": 25.457645, "fair_value": 27.201649, "relative_strength": -13.168589, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 39.178086, "energy": 53.989287, "activity_lines": [ 26.032947, 25.250756, 24.721948, 24.745228 ] }, { "date": "2025-09-05", "close": 27.90671, "volume": 41765799, "typical_volume": 40951911.9, "trend": 25.386719, "fair_value": 27.226047, "relative_strength": -10.507913, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 51.927617, "energy": 70.575466, "activity_lines": [ 26.864885, 25.819543, 25.047366, 24.903232 ] }, { "date": "2025-09-12", "close": 26.875017, "volume": 43218292, "typical_volume": 41408702.7, "trend": 25.238899, "fair_value": 27.248082, "relative_strength": -14.654938, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 37.762797, "energy": 66.317338, "activity_lines": [ 27.042851, 26.121718, 25.248328, 24.999251 ] }, { "date": "2025-09-19", "close": 27.057579, "volume": 48025627, "typical_volume": 42361248.25, "trend": 25.066451, "fair_value": 27.281661, "relative_strength": -14.563529, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 62.981976, "energy": 73.290738, "activity_lines": [ 27.145636, 26.418083, 25.45188, 25.116585 ] }, { "date": "2025-09-26", "close": 25.664344, "volume": 43197750, "typical_volume": 43064804.75, "trend": 24.964213, "fair_value": 27.30868, "relative_strength": -18.101978, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.308838, "energy": 45.651176, "activity_lines": [ 26.675753, 26.408781, 25.510078, 25.155159 ] }, { "date": "2025-10-03", "close": 25.597085, "volume": 52971809, "typical_volume": 43687500.75, "trend": 24.86997, "fair_value": 27.334607, "relative_strength": -18.542824, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 40.913701, "energy": 25.106566, "activity_lines": [ 26.231485, 26.354003, 25.558123, 25.195989 ] }, { "date": "2025-10-10", "close": 24.549757, "volume": 68563209, "typical_volume": 45336624.25, "trend": 24.797939, "fair_value": 27.351613, "relative_strength": -19.208959, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 20.01268, "energy": 17.803508, "activity_lines": [ 25.541355, 26.0875, 25.5158, 25.17533 ] }, { "date": "2025-10-17", "close": 26.298506, "volume": 89757889, "typical_volume": 46295684.2, "trend": 24.775737, "fair_value": 27.37238, "relative_strength": -14.22647, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.092471, "energy": 21.832584, "activity_lines": [ 25.657939, 26.115422, 25.648389, 25.272141 ] }, { "date": "2025-10-24", "close": 26.577153, "volume": 44782406, "typical_volume": 45765526.75, "trend": 24.787269, "fair_value": 27.387981, "relative_strength": -14.239718, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.764591, "energy": 19.557485, "activity_lines": [ 25.905838, 26.167388, 25.793764, 25.388362 ] }, { "date": "2025-10-31", "close": 26.586762, "volume": 51848607, "typical_volume": 46348427.1, "trend": 24.964907, "fair_value": 27.40232, "relative_strength": -14.078139, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.615195, "energy": 20.620026, "activity_lines": [ 26.188969, 26.200312, 25.926229, 25.504458 ] }, { "date": "2025-11-07", "close": 25.251178, "volume": 50467276, "typical_volume": 46772107.5, "trend": 25.072014, "fair_value": 27.395628, "relative_strength": -16.341098, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.489888, "energy": 17.692911, "activity_lines": [ 25.965411, 25.986731, 25.91287, 25.522927 ] }, { "date": "2025-11-14", "close": 23.569688, "volume": 62980973, "typical_volume": 47624739.35, "trend": 25.110849, "fair_value": 27.384061, "relative_strength": -21.232775, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.110919, "energy": 8.706315, "activity_lines": [ 25.204417, 25.501873, 25.728327, 25.426003 ] }, { "date": "2025-11-21", "close": 23.022003, "volume": 75785407, "typical_volume": 49521929.05, "trend": 25.085986, "fair_value": 27.365286, "relative_strength": -20.705126, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -29.475471, "energy": 37.517578, "activity_lines": [ 24.326199, 24.996291, 25.491576, 25.291238 ] }, { "date": "2025-11-28", "close": 23.463994, "volume": 70829708, "typical_volume": 51321662.85, "trend": 25.054858, "fair_value": 27.352158, "relative_strength": -21.356569, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.263668, "energy": 49.312679, "activity_lines": [ 23.813744, 24.641125, 25.305053, 25.186594 ] }, { "date": "2025-12-05", "close": 24.895663, "volume": 63596282, "typical_volume": 52698660.05, "trend": 25.055469, "fair_value": 27.356098, "relative_strength": -16.123825, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.157484, "energy": 44.905356, "activity_lines": [ 23.986057, 24.6116, 25.25828, 25.176323 ] }, { "date": "2025-12-12", "close": 24.052122, "volume": 57377648, "typical_volume": 53941884.65, "trend": 24.93833, "fair_value": 27.361511, "relative_strength": -17.820128, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.985863, "energy": 38.970979, "activity_lines": [ 23.989929, 24.442681, 25.126123, 25.111591 ] }, { "date": "2025-12-19", "close": 22.613272, "volume": 84600556, "typical_volume": 56161676.8, "trend": 24.815226, "fair_value": 27.357478, "relative_strength": -22.160478, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -41.387794, "energy": 36.054057, "activity_lines": [ 23.594122, 24.040243, 24.858711, 24.961587 ] }, { "date": "2025-12-26", "close": 22.613272, "volume": 32245494, "typical_volume": 55968425.9, "trend": 24.788647, "fair_value": 27.352833, "relative_strength": -22.561942, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.429215, "energy": 35.895231, "activity_lines": [ 23.262076, 23.673013, 24.594357, 24.819526 ] }, { "date": "2026-01-02", "close": 21.504969, "volume": 51144945, "typical_volume": 56560102.25, "trend": 24.716349, "fair_value": 27.332787, "relative_strength": -24.862165, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -75.352678, "energy": 68.902255, "activity_lines": [ 22.587844, 23.171278, 24.235028, 24.607676 ] }, { "date": "2026-01-09", "close": 20.873042, "volume": 99606434, "typical_volume": 59876740.4, "trend": 24.656271, "fair_value": 27.311196, "relative_strength": -27.42316, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.498567, "energy": 79.081869, "activity_lines": [ 21.833571, 22.646869, 23.834224, 24.35972 ] }, { "date": "2026-01-16", "close": 19.803626, "volume": 81755373, "typical_volume": 60726074.2, "trend": 24.551985, "fair_value": 27.28275, "relative_strength": -30.169392, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -83.209124, "energy": 88.516047, "activity_lines": [ 20.991001, 22.031907, 23.357817, 24.046646 ] }, { "date": "2026-01-23", "close": 18.889762, "volume": 69222806, "typical_volume": 62098924.55, "trend": 24.396312, "fair_value": 27.241096, "relative_strength": -32.418913, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.205647, "energy": 93.39132, "activity_lines": [ 20.127043, 21.349833, 22.829339, 23.681342 ] }, { "date": "2026-01-30", "close": 18.899484, "volume": 86213206, "typical_volume": 64248670.25, "trend": 24.201966, "fair_value": 27.192378, "relative_strength": -31.891676, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.740361, "energy": 91.023623, "activity_lines": [ 19.51456, 20.754617, 22.344724, 23.326708 ] }, { "date": "2026-02-06", "close": 19.103646, "volume": 132356071, "typical_volume": 68465192.45, "trend": 24.032814, "fair_value": 27.147975, "relative_strength": -30.254867, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.756267, "energy": 87.514356, "activity_lines": [ 19.217716, 20.271476, 21.917532, 22.997784 ] }, { "date": "2026-02-13", "close": 18.724489, "volume": 94496956, "typical_volume": 71030152.75, "trend": 23.862437, "fair_value": 27.100084, "relative_strength": -29.917552, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.301548, "energy": 83.25148, "activity_lines": [ 18.954575, 19.798677, 21.492105, 22.655311 ] }, { "date": "2026-02-20", "close": 18.073118, "volume": 68290910, "typical_volume": 71796107.8, "trend": 23.650691, "fair_value": 27.053251, "relative_strength": -32.172521, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -77.376698, "energy": 77.447302, "activity_lines": [ 18.617548, 19.31965, 21.03769, 22.281807 ] }, { "date": "2026-02-27", "close": 18.461996, "volume": 143514035, "typical_volume": 75543649.1, "trend": 23.490904, "fair_value": 27.012307, "relative_strength": -29.594643, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.83155, "energy": 65.055481, "activity_lines": [ 18.525513, 19.020037, 20.65614, 21.947052 ] }, { "date": "2026-03-06", "close": 18.918928, "volume": 77214802, "typical_volume": 74916494.75, "trend": 23.293718, "fair_value": 26.9793, "relative_strength": -25.575681, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.792143, "energy": 62.332362, "activity_lines": [ 18.614307, 18.87898, 20.347096, 21.652086 ] }, { "date": "2026-03-13", "close": 18.702749, "volume": 92249436, "typical_volume": 77289846.25, "trend": 23.069353, "fair_value": 26.941592, "relative_strength": -24.546196, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.362241, "energy": 57.768477, "activity_lines": [ 18.629745, 18.765788, 20.052605, 21.355895 ] }, { "date": "2026-03-20", "close": 18.050672, "volume": 112845067, "typical_volume": 80339669.25, "trend": 22.791546, "fair_value": 26.901502, "relative_strength": -25.05352, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.030102, "energy": 58.63898, "activity_lines": [ 18.45455, 18.584985, 19.733508, 21.032109 ] }, { "date": "2026-03-27", "close": 19.206627, "volume": 94986723, "typical_volume": 82565641.6, "trend": 22.526907, "fair_value": 26.85966, "relative_strength": -17.68873, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.117142, "energy": 42.697403, "activity_lines": [ 18.709595, 18.665673, 19.56515, 20.800824 ] }, { "date": "2026-04-03", "close": 19.275786, "volume": 81954969, "typical_volume": 83514341.4, "trend": 22.23921, "fair_value": 26.818599, "relative_strength": -19.577521, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.338087, "energy": 36.8372, "activity_lines": [ 18.912125, 18.769789, 19.432163, 20.591074 ] }, { "date": "2026-04-10", "close": 18.040792, "volume": 79618330, "typical_volume": 83705987.55, "trend": 21.944735, "fair_value": 26.766643, "relative_strength": -26.762248, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.981446, "energy": 40.909919, "activity_lines": [ 18.648739, 18.642342, 19.202004, 20.320208 ] }, { "date": "2026-04-17", "close": 19.641345, "volume": 90110634, "typical_volume": 84670033.85, "trend": 21.697528, "fair_value": 26.726857, "relative_strength": -23.081516, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.042702, "energy": 26.395927, "activity_lines": [ 18.977412, 18.821517, 19.147998, 20.171602 ] }, { "date": "2026-04-24", "close": 19.552425, "volume": 86064817, "typical_volume": 85793460.6, "trend": 21.493797, "fair_value": 26.685209, "relative_strength": -23.168644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.389281, "energy": 21.470571, "activity_lines": [ 19.213872, 18.974749, 19.103728, 20.033209 ] }, { "date": "2026-05-01", "close": 20.57994, "volume": 67230579, "typical_volume": 86286107.15, "trend": 21.326559, "fair_value": 26.647787, "relative_strength": -19.23105, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -8.400985, "energy": 9.876508, "activity_lines": [ 19.69272, 19.299748, 19.18276, 19.97425 ] }, { "date": "2026-05-08", "close": 22.407731, "volume": 88861861, "typical_volume": 86499172.4, "trend": 21.255158, "fair_value": 26.628995, "relative_strength": -13.411658, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": 18.317322, "energy": 28.161936, "activity_lines": [ 20.689278, 19.911495, 19.452401, 20.044003 ] }, { "date": "2026-05-15", "close": 20.56018, "volume": 83133729, "typical_volume": 89043584.15, "trend": 21.06388, "fair_value": 26.589141, "relative_strength": -19.878364, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.891403, "energy": 23.190806, "activity_lines": [ 20.861189, 20.115582, 19.547064, 19.999166 ] }, { "date": "2026-05-22", "close": 24.936999, "volume": 98727627, "typical_volume": 91422718.25, "trend": 21.009209, "fair_value": 26.573073, "relative_strength": -2.993562, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "mixed", "direction": 49.576586, "energy": 64.336565, "activity_lines": [ 22.324081, 21.085614, 20.068343, 20.249045 ] }, { "date": "2026-05-29", "close": 26.71539, "volume": 164954264, "typical_volume": 94690109.75, "trend": 21.013496, "fair_value": 26.57262, "relative_strength": 2.713769, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 61.934689, "energy": 78.948153, "activity_lines": [ 24.026726, 22.265639, 20.74265, 20.617185 ] }, { "date": "2026-06-05", "close": 25.272917, "volume": 125444141, "typical_volume": 96874548.15, "trend": 21.014221, "fair_value": 26.567136, "relative_strength": -0.019482, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 44.372951, "energy": 71.590401, "activity_lines": [ 24.771016, 23.025857, 21.251758, 20.891987 ] }, { "date": "2026-06-12", "close": 25.24, "volume": 80939691, "typical_volume": 97460392.4, "trend": 21.069898, "fair_value": 26.553215, "relative_strength": -0.469898, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 67.071827, "energy": 80.655549, "activity_lines": [ 25.191468, 23.669793, 21.731687, 21.164618 ] }, { "date": "2026-06-19", "close": 23.5, "volume": 79865687, "typical_volume": 97143016.45, "trend": 21.085831, "fair_value": 26.53602, "relative_strength": -7.794309, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.186364, "energy": 62.370601, "activity_lines": [ 24.843102, 23.888925, 22.015662, 21.321398 ] }, { "date": "2026-06-26", "close": 22.88, "volume": 87753119, "typical_volume": 94912868.85, "trend": 21.066365, "fair_value": 26.508615, "relative_strength": -7.65858, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.416348, "energy": 41.777679, "activity_lines": [ 24.092082, 23.896072, 22.218682, 21.437151 ] }, { "date": "2026-07-03", "close": 21.93, "volume": 60351391, "typical_volume": 93205590.6, "trend": 20.967509, "fair_value": 26.47274, "relative_strength": -12.849476, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.352646, "energy": 24.511361, "activity_lines": [ 23.161528, 23.671607, 22.313244, 21.49287 ] }, { "date": "2026-07-10", "close": 24.22, "volume": 64149888, "typical_volume": 92998539.5, "trend": 20.973105, "fair_value": 26.442135, "relative_strength": -4.659296, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.915423, "energy": 23.250468, "activity_lines": [ 23.313333, 23.820277, 22.610636, 21.702708 ] }, { "date": "2026-07-17", "close": 24.84, "volume": 82038883, "typical_volume": 89924781.9, "trend": 21.04733, "fair_value": 26.418622, "relative_strength": -0.401262, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.97451, "energy": 25.510695, "activity_lines": [ 23.742, 24.015491, 22.937805, 21.952185 ] }, { "date": "2026-07-24", "close": 25.75, "volume": 58804334, "typical_volume": 89004258.5, "trend": 21.151887, "fair_value": 26.398731, "relative_strength": 4.090227, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 64.199265, "energy": 37.866494, "activity_lines": [ 24.500667, 24.331937, 23.32127, 22.255583 ] }, { "date": "2026-07-31", "close": 27.27, "volume": 95240386, "typical_volume": 89153806.0, "trend": 21.344055, "fair_value": 26.389718, "relative_strength": 9.121688, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.418092, "energy": 57.681511, "activity_lines": [ 25.616, 24.830386, 23.816967, 22.6503 ] }, { "date": "2026-08-07", "close": 30.05, "volume": 73560145, "typical_volume": 87189559.9, "trend": 21.649953, "fair_value": 26.396598, "relative_strength": 16.203443, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.016576, "energy": 78.735461, "activity_lines": [ 27.365333, 25.791871, 24.53663, 23.211974 ] } ], "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." } } }