{ "ticker": { "uuid": "952db489-0c57-49bd-a2a4-8aa8081a3c02", "symbol": "CRAK", "name": "VANECK ETF TR VANECK OIL REFINERS 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": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Re-accelerating", "architecture_gate": "up", "architecture_direction": 69.393, "architecture_energy": 87.665, "architecture_maturity": 17.724, "architecture_confidence": 83.779, "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": 20.69, "rotation_up": 81.25, "upward_expansion": 97.21, "deceleration": 41.83, "rotation_down": 8.06, "downward_expansion": 21.54 }, "activity_lines": [ 54.607333, 52.151636, 50.45274, 49.469586 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.833333 }, "latest_close": 54.78, "trend_reference": 47.777873, "distance_from_trend": 0.146556, "trend_direction": "Improving", "fair_value": 35.100789, "distance_from_fair_value": 0.560649, "fair_value_direction": "Improving", "relative_strength": 13.327159, "relative_strength_direction": "Weakening", "price_momentum": 0.237407, "excess_performance": 0.111782, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.146556, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.090083, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.560649, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.068064, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.133272, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.013347, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.237407, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.945092, "read": "Demand-led" } ], "volume": { "latest": 1436990, "relative_activity": 1.855358, "balance": 1.945092, "dry_up": 2.368364, "accumulation_observations": 4, "distribution_observations": 1 }, "risk": { "range_context": 0.044294, "annualized_volatility": 0.214896, "from_high_reference": -0.036412, "from_low_reference": 0.682765 }, "levels": { "trend_reference": 47.777873, "fair_value_reference": 35.100789, "structural_low": 43.4103, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 28, "median_return": 0.009223, "positive_rate": 0.571429, "directional_follow_through": 0.571429, "median_excess_return": -0.01471, "regime_survival": 0.75, "best_return": 0.112792, "worst_return": -0.135246, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 11, "median_return": 0.037154, "positive_rate": 0.727273, "directional_follow_through": 0.727273, "median_excess_return": -0.001384, "regime_survival": 0.454545, "best_return": 0.156945, "worst_return": -0.063572, "sufficient": true }, { "horizon": "Extended", "sample_count": 7, "median_return": -0.005734, "positive_rate": 0.428571, "directional_follow_through": 0.428571, "median_excess_return": 0.019238, "regime_survival": 0.428571, "best_return": 0.334463, "worst_return": -0.026265, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": 0.008038, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.02988, "regime_survival": 0.25, "best_return": 0.415281, "worst_return": -0.064392, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2023-10-20", "end": "2023-11-24", "tenure": "Developing", "return": 0.043995, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2023-12-01", "end": "2024-05-03", "tenure": "Established", "return": 0.08814, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-05-10", "end": "2024-06-14", "tenure": "Developing", "return": -0.048111, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-06-21", "end": "2024-07-12", "tenure": "New", "return": 0.008304, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-07-19", "end": "2024-07-26", "tenure": "New", "return": 0.014511, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-08-02", "end": "2025-03-14", "tenure": "Extended", "return": -0.100536, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.012144, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-16", "tenure": "Developing", "return": 0.178592, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-05-23", "end": "2025-06-13", "tenure": "New", "return": 0.085533, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-06-20", "end": "2025-12-12", "tenure": "Established", "return": 0.201021, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-12-19", "end": "2026-01-16", "tenure": "Developing", "return": 0.065011, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-01-23", "end": "2026-06-05", "tenure": "Established", "return": 0.173524, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-06-12", "end": "2026-07-17", "tenure": "Developing", "return": 0.119018, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": -0.006529, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 29.731372, "volume": 63278, "typical_volume": 41861.65, "trend": 28.086436, "fair_value": 24.900431, "relative_strength": -0.323958, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 66.928157, "energy": 82.978794, "activity_lines": [ 29.815577, 29.080018, 28.299863, 28.118753 ] }, { "date": "2023-08-25", "close": 30.026628, "volume": 24397, "typical_volume": 41605.85, "trend": 28.08513, "fair_value": 24.976044, "relative_strength": -0.121628, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.472862, "energy": 81.231334, "activity_lines": [ 29.951585, 29.35763, 28.498078, 28.243926 ] }, { "date": "2023-09-01", "close": 30.584393, "volume": 19497, "typical_volume": 40749.15, "trend": 28.165159, "fair_value": 25.059221, "relative_strength": -0.813652, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.254182, "energy": 83.892488, "activity_lines": [ 30.189412, 29.695985, 28.741448, 28.405169 ] }, { "date": "2023-09-08", "close": 31.385252, "volume": 71471, "typical_volume": 42426.7, "trend": 28.243551, "fair_value": 25.148699, "relative_strength": 2.923865, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.555674, "energy": 83.034667, "activity_lines": [ 30.621082, 30.109295, 29.052468, 28.612917 ] }, { "date": "2023-09-15", "close": 31.701534, "volume": 56301, "typical_volume": 44076.15, "trend": 28.349187, "fair_value": 25.239248, "relative_strength": 3.893609, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.389463, "energy": 88.655028, "activity_lines": [ 31.039099, 30.501562, 29.376149, 28.836013 ] }, { "date": "2023-09-22", "close": 31.535117, "volume": 77911, "typical_volume": 44413.8, "trend": 28.457886, "fair_value": 25.337018, "relative_strength": 6.183731, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.602777, "energy": 87.691567, "activity_lines": [ 31.322193, 30.786021, 29.664076, 29.041557 ] }, { "date": "2023-09-29", "close": 30.966078, "volume": 87610, "typical_volume": 45785.3, "trend": 28.515109, "fair_value": 25.431489, "relative_strength": 4.818999, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.139295, "energy": 77.898867, "activity_lines": [ 31.295357, 30.9012, 29.875253, 29.203376 ] }, { "date": "2023-10-06", "close": 29.01569, "volume": 58822, "typical_volume": 46513.85, "trend": 28.544387, "fair_value": 25.508307, "relative_strength": -2.197598, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.185308, "energy": 40.948892, "activity_lines": [ 30.555762, 30.621745, 29.880144, 29.235671 ] }, { "date": "2023-10-13", "close": 29.634295, "volume": 54373, "typical_volume": 46362.85, "trend": 28.643983, "fair_value": 25.592847, "relative_strength": -0.556551, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 39.896742, "energy": 24.922499, "activity_lines": [ 30.126949, 30.463346, 29.932531, 29.305988 ] }, { "date": "2023-10-20", "close": 29.82988, "volume": 78046, "typical_volume": 49151.05, "trend": 28.734344, "fair_value": 25.67837, "relative_strength": 2.527221, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 31.106488, "energy": 28.511853, "activity_lines": [ 29.880062, 30.339867, 29.98982, 29.382497 ] }, { "date": "2023-10-27", "close": 29.273994, "volume": 25402, "typical_volume": 48820.55, "trend": 28.762002, "fair_value": 25.767424, "relative_strength": 3.119139, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.737488, "energy": 27.591882, "activity_lines": [ 29.572656, 30.12768, 29.980724, 29.417313 ] }, { "date": "2023-11-03", "close": 30.500469, "volume": 76731, "typical_volume": 51320.5, "trend": 28.833568, "fair_value": 25.859213, "relative_strength": 1.625314, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.617335, "energy": 22.789351, "activity_lines": [ 29.824816, 30.146804, 30.081004, 29.529473 ] }, { "date": "2023-11-10", "close": 29.770918, "volume": 53104, "typical_volume": 52826.25, "trend": 28.866797, "fair_value": 25.930985, "relative_strength": -1.986091, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.540893, "energy": 12.355852, "activity_lines": [ 29.864834, 30.024668, 30.098896, 29.589947 ] }, { "date": "2023-11-17", "close": 31.062618, "volume": 29760, "typical_volume": 52234.3, "trend": 28.978276, "fair_value": 26.007737, "relative_strength": 0.054536, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 50.960596, "energy": 28.059949, "activity_lines": [ 30.285069, 30.152176, 30.225175, 29.731613 ] }, { "date": "2023-11-24", "close": 31.142248, "volume": 33988, "typical_volume": 52268.25, "trend": 29.09897, "fair_value": 26.077693, "relative_strength": -0.554393, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 53.105381, "energy": 38.355125, "activity_lines": [ 30.636627, 30.300028, 30.340003, 29.871224 ] }, { "date": "2023-12-01", "close": 31.422115, "volume": 34711, "typical_volume": 51869.45, "trend": 29.25309, "fair_value": 26.14473, "relative_strength": -0.41539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.547094, "energy": 57.586274, "activity_lines": [ 30.993982, 30.508935, 30.463836, 30.021104 ] }, { "date": "2023-12-08", "close": 30.809503, "volume": 26277, "typical_volume": 51107.7, "trend": 29.391613, "fair_value": 26.205422, "relative_strength": -2.537468, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.958226, "energy": 57.255976, "activity_lines": [ 31.003925, 30.608511, 30.512626, 30.121518 ] }, { "date": "2023-12-15", "close": 31.397063, "volume": 19922, "typical_volume": 47872.1, "trend": 29.550923, "fair_value": 26.272362, "relative_strength": -2.870113, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.206602, "energy": 55.972281, "activity_lines": [ 31.189119, 30.817764, 30.607638, 30.250902 ] }, { "date": "2023-12-22", "close": 31.760859, "volume": 52721, "typical_volume": 49450.4, "trend": 29.717886, "fair_value": 26.34225, "relative_strength": -2.464121, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.63273, "energy": 52.542345, "activity_lines": [ 31.387169, 31.049864, 30.728206, 30.393478 ] }, { "date": "2023-12-29", "close": 31.742122, "volume": 15979, "typical_volume": 48015.05, "trend": 29.875733, "fair_value": 26.410274, "relative_strength": -2.662535, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.488888, "energy": 44.392208, "activity_lines": [ 31.532424, 31.239892, 30.836695, 30.524074 ] }, { "date": "2024-01-05", "close": 31.751676, "volume": 11783, "typical_volume": 45440.3, "trend": 30.010336, "fair_value": 26.468524, "relative_strength": -0.959619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.862824, "energy": 55.562843, "activity_lines": [ 31.640872, 31.396889, 30.940225, 30.645103 ] }, { "date": "2024-01-12", "close": 31.74778, "volume": 23121, "typical_volume": 45376.5, "trend": 30.142267, "fair_value": 26.529069, "relative_strength": -2.615083, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.32208, "energy": 54.189516, "activity_lines": [ 31.72605, 31.50813, 31.033764, 30.757196 ] }, { "date": "2024-01-19", "close": 30.770761, "volume": 18395, "typical_volume": 45321.4, "trend": 30.278016, "fair_value": 26.580255, "relative_strength": -6.421789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.204993, "energy": 33.038729, "activity_lines": [ 31.423004, 31.419051, 31.026057, 30.797744 ] }, { "date": "2024-01-26", "close": 31.945355, "volume": 56093, "typical_volume": 44552.5, "trend": 30.44069, "fair_value": 26.648069, "relative_strength": -3.578254, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.534842, "energy": 35.024819, "activity_lines": [ 31.553242, 31.525357, 31.129329, 30.905314 ] }, { "date": "2024-02-02", "close": 32.73426, "volume": 27055, "typical_volume": 43090.2, "trend": 30.617291, "fair_value": 26.714724, "relative_strength": -2.496464, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.832008, "energy": 44.342158, "activity_lines": [ 31.934149, 31.75905, 31.305068, 31.053286 ] }, { "date": "2024-02-09", "close": 33.016244, "volume": 27098, "typical_volume": 40549.55, "trend": 30.787329, "fair_value": 26.777568, "relative_strength": -2.825374, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.100153, "energy": 60.494396, "activity_lines": [ 32.342908, 32.015067, 31.502744, 31.208058 ] }, { "date": "2024-02-16", "close": 33.504151, "volume": 371646, "typical_volume": 54751.35, "trend": 30.945298, "fair_value": 26.838412, "relative_strength": -0.94168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.296639, "energy": 82.697074, "activity_lines": [ 32.829999, 32.330811, 31.739835, 31.383336 ] }, { "date": "2024-02-23", "close": 33.491443, "volume": 54137, "typical_volume": 54517.1, "trend": 31.078755, "fair_value": 26.900152, "relative_strength": -2.425941, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.517253, "energy": 83.047614, "activity_lines": [ 33.195762, 32.59525, 31.96363, 31.547604 ] }, { "date": "2024-03-01", "close": 33.297672, "volume": 62709, "typical_volume": 54933.9, "trend": 31.202042, "fair_value": 26.956879, "relative_strength": -3.702086, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.627009, "energy": 78.135903, "activity_lines": [ 33.315556, 32.786378, 32.147657, 31.69076 ] }, { "date": "2024-03-08", "close": 33.800049, "volume": 55863, "typical_volume": 53824.75, "trend": 31.311718, "fair_value": 27.014015, "relative_strength": -1.809958, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.534202, "energy": 76.640102, "activity_lines": [ 33.512654, 33.040906, 32.362085, 31.858373 ] }, { "date": "2024-03-15", "close": 35.057475, "volume": 80612, "typical_volume": 56585.25, "trend": 31.489255, "fair_value": 27.088096, "relative_strength": 1.917865, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.859712, "energy": 84.209514, "activity_lines": [ 34.057842, 33.48664, 32.677362, 32.100035 ] }, { "date": "2024-03-22", "close": 35.206908, "volume": 89755, "typical_volume": 57236.45, "trend": 31.661931, "fair_value": 27.163328, "relative_strength": 0.173959, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.651433, "energy": 86.547619, "activity_lines": [ 34.516758, 33.899438, 32.97933, 32.339884 ] }, { "date": "2024-03-29", "close": 35.576455, "volume": 23295, "typical_volume": 55746.0, "trend": 31.828333, "fair_value": 27.241063, "relative_strength": 0.936781, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.252925, "energy": 90.174254, "activity_lines": [ 34.98534, 34.316533, 33.294082, 32.592433 ] }, { "date": "2024-04-05", "close": 37.25157, "volume": 159911, "typical_volume": 62253.55, "trend": 32.023877, "fair_value": 27.333363, "relative_strength": 6.58806, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.134107, "energy": 95.199852, "activity_lines": [ 35.873293, 34.950818, 33.740723, 32.94232 ] }, { "date": "2024-04-12", "close": 35.925596, "volume": 157520, "typical_volume": 68430.15, "trend": 32.164679, "fair_value": 27.413023, "relative_strength": 4.33279, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.50196, "energy": 81.710346, "activity_lines": [ 36.055661, 35.247541, 34.03161, 33.194044 ] }, { "date": "2024-04-19", "close": 34.662326, "volume": 87485, "typical_volume": 71068.85, "trend": 32.268919, "fair_value": 27.487483, "relative_strength": 3.801143, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.556677, "energy": 60.218002, "activity_lines": [ 35.675236, 35.256553, 34.179408, 33.355182 ] }, { "date": "2024-04-26", "close": 34.881049, "volume": 141774, "typical_volume": 76843.7, "trend": 32.399418, "fair_value": 27.558487, "relative_strength": 1.720469, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.995316, "energy": 52.372671, "activity_lines": [ 35.394062, 35.275405, 34.332606, 33.523707 ] }, { "date": "2024-05-03", "close": 34.191672, "volume": 146893, "typical_volume": 83192.25, "trend": 32.571951, "fair_value": 27.616306, "relative_strength": -0.908527, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.367404, "energy": 29.202298, "activity_lines": [ 34.90482, 35.143881, 34.400762, 33.639336 ] }, { "date": "2024-05-10", "close": 34.125629, "volume": 44525, "typical_volume": 82782.45, "trend": 32.721662, "fair_value": 27.675078, "relative_strength": -2.908324, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.103085, "energy": 26.350657, "activity_lines": [ 34.485882, 34.987618, 34.449319, 33.739573 ] }, { "date": "2024-05-17", "close": 34.447035, "volume": 30095, "typical_volume": 83488.25, "trend": 32.875567, "fair_value": 27.737029, "relative_strength": -3.602814, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.801007, "energy": 23.862116, "activity_lines": [ 34.382475, 34.874738, 34.517227, 33.850888 ] }, { "date": "2024-05-24", "close": 33.875183, "volume": 19240, "typical_volume": 83861.1, "trend": 33.02894, "fair_value": 27.791896, "relative_strength": -5.184097, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.10183, "energy": 21.778336, "activity_lines": [ 34.187022, 34.646122, 34.517791, 33.915379 ] }, { "date": "2024-05-31", "close": 33.587633, "volume": 20432, "typical_volume": 83726.65, "trend": 33.131846, "fair_value": 27.837445, "relative_strength": -5.610738, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.521609, "energy": 13.265056, "activity_lines": [ 33.948195, 34.38672, 34.480858, 33.951424 ] }, { "date": "2024-06-07", "close": 32.836294, "volume": 189964, "typical_volume": 92305.1, "trend": 33.234025, "fair_value": 27.880146, "relative_strength": -8.767805, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -9.772103, "energy": 20.150121, "activity_lines": [ 33.54515, 34.020153, 34.363608, 33.932356 ] }, { "date": "2024-06-14", "close": 32.483814, "volume": 62320, "typical_volume": 92616.45, "trend": 33.281398, "fair_value": 27.929404, "relative_strength": -11.102111, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.295722, "energy": 39.198199, "activity_lines": [ 33.11497, 33.639319, 34.202952, 33.883955 ] }, { "date": "2024-06-21", "close": 32.517485, "volume": 24255, "typical_volume": 92476.45, "trend": 33.327239, "fair_value": 27.973205, "relative_strength": -11.508374, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.473179, "energy": 52.951893, "activity_lines": [ 32.805467, 33.351294, 34.042939, 33.83467 ] }, { "date": "2024-06-28", "close": 33.19536, "volume": 12887, "typical_volume": 91765.9, "trend": 33.386347, "fair_value": 28.025261, "relative_strength": -9.591822, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.605396, "energy": 48.829886, "activity_lines": [ 32.85056, 33.248485, 33.948517, 33.826162 ] }, { "date": "2024-07-05", "close": 33.337187, "volume": 27293, "typical_volume": 74548.25, "trend": 33.470604, "fair_value": 28.083028, "relative_strength": -10.826533, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.752799, "energy": 34.277648, "activity_lines": [ 32.98825, 33.198134, 33.86675, 33.82299 ] }, { "date": "2024-07-12", "close": 32.787503, "volume": 51072, "typical_volume": 74395.0, "trend": 33.516952, "fair_value": 28.144386, "relative_strength": -13.024181, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.048923, "energy": 27.799281, "activity_lines": [ 32.959408, 33.075911, 33.733428, 33.778919 ] }, { "date": "2024-07-19", "close": 32.325105, "volume": 24071, "typical_volume": 72463.1, "trend": 33.53576, "fair_value": 28.203695, "relative_strength": -12.391801, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -40.233804, "energy": 30.806936, "activity_lines": [ 32.779687, 32.895146, 33.559419, 33.702026 ] }, { "date": "2024-07-26", "close": 32.794182, "volume": 30267, "typical_volume": 71183.3, "trend": 33.570828, "fair_value": 28.265577, "relative_strength": -10.24394, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.10653, "energy": 27.15142, "activity_lines": [ 32.766905, 32.832405, 33.434716, 33.654182 ] }, { "date": "2024-08-02", "close": 31.838219, "volume": 27511, "typical_volume": 68528.25, "trend": 33.573713, "fair_value": 28.319992, "relative_strength": -10.783348, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.390746, "energy": 60.701229, "activity_lines": [ 32.417022, 32.625904, 33.223758, 33.542401 ] }, { "date": "2024-08-09", "close": 32.061766, "volume": 29574, "typical_volume": 65519.2, "trend": 33.584179, "fair_value": 28.3749, "relative_strength": -9.932342, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.321915, "energy": 59.486811, "activity_lines": [ 32.232131, 32.497083, 33.049421, 33.444856 ] }, { "date": "2024-08-16", "close": 32.917179, "volume": 29915, "typical_volume": 65850.2, "trend": 33.655727, "fair_value": 28.443484, "relative_strength": -10.837255, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -56.135494, "energy": 38.434538, "activity_lines": [ 32.417406, 32.551536, 32.971528, 33.401824 ] }, { "date": "2024-08-23", "close": 33.077465, "volume": 25302, "typical_volume": 59119.75, "trend": 33.693464, "fair_value": 28.504035, "relative_strength": -11.384327, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -42.287766, "energy": 28.518359, "activity_lines": [ 32.647464, 32.63366, 32.921564, 33.364517 ] }, { "date": "2024-08-30", "close": 33.118835, "volume": 14940, "typical_volume": 51990.75, "trend": 33.706283, "fair_value": 28.562844, "relative_strength": -11.26087, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.430443, "energy": 18.002953, "activity_lines": [ 32.841155, 32.712513, 32.895416, 33.327444 ] }, { "date": "2024-09-06", "close": 31.180844, "volume": 16440, "typical_volume": 48438.5, "trend": 33.645103, "fair_value": 28.611538, "relative_strength": -12.498963, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.118883, "energy": 35.34676, "activity_lines": [ 32.367205, 32.42807, 32.698064, 33.164512 ] }, { "date": "2024-09-13", "close": 31.097733, "volume": 27459, "typical_volume": 42722.75, "trend": 33.564889, "fair_value": 28.658476, "relative_strength": -15.678013, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.59377, "energy": 49.260232, "activity_lines": [ 31.909377, 32.165144, 32.509374, 33.000166 ] }, { "date": "2024-09-20", "close": 31.615322, "volume": 21971, "typical_volume": 36476.65, "trend": 33.502352, "fair_value": 28.70433, "relative_strength": -15.013153, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.152239, "energy": 59.854563, "activity_lines": [ 31.688347, 32.037042, 32.387995, 32.874387 ] }, { "date": "2024-09-27", "close": 31.805012, "volume": 23103, "typical_volume": 35405.55, "trend": 33.452596, "fair_value": 28.747447, "relative_strength": -14.538958, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.344611, "energy": 62.296666, "activity_lines": [ 31.617338, 31.964741, 32.296949, 32.764882 ] }, { "date": "2024-10-04", "close": 32.391056, "volume": 20982, "typical_volume": 34949.9, "trend": 33.40563, "fair_value": 28.790611, "relative_strength": -12.886567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.601617, "energy": 38.779835, "activity_lines": [ 31.826507, 32.00845, 32.272768, 32.696395 ] }, { "date": "2024-10-11", "close": 31.795829, "volume": 16552, "typical_volume": 34815.5, "trend": 33.296908, "fair_value": 28.824608, "relative_strength": -15.090057, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -53.42289, "energy": 30.659562, "activity_lines": [ 31.885785, 31.951266, 32.201689, 32.592537 ] }, { "date": "2024-10-18", "close": 30.540536, "volume": 21448, "typical_volume": 34866.3, "trend": 33.141362, "fair_value": 28.850667, "relative_strength": -18.668205, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.1696, "energy": 41.546231, "activity_lines": [ 31.485634, 31.666617, 32.02096, 32.414707 ] }, { "date": "2024-10-25", "close": 29.615369, "volume": 39849, "typical_volume": 27360.55, "trend": 32.94266, "fair_value": 28.878173, "relative_strength": -19.869809, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.380157, "energy": 59.931403, "activity_lines": [ 30.81424, 31.241415, 31.76663, 32.187223 ] }, { "date": "2024-11-01", "close": 28.88184, "volume": 19126, "typical_volume": 25200.85, "trend": 32.663669, "fair_value": 28.899405, "relative_strength": -20.266306, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.144818, "energy": 87.598663, "activity_lines": [ 30.031667, 30.742877, 31.457778, 31.925235 ] }, { "date": "2024-11-08", "close": 28.900762, "volume": 30853, "typical_volume": 25530.75, "trend": 32.429507, "fair_value": 28.924392, "relative_strength": -23.366704, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.361397, "energy": 91.905749, "activity_lines": [ 29.450279, 30.324063, 31.16788, 31.682467 ] }, { "date": "2024-11-15", "close": 28.705971, "volume": 28635, "typical_volume": 26318.15, "trend": 32.230962, "fair_value": 28.958549, "relative_strength": -21.769502, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.478492, "energy": 91.194098, "activity_lines": [ 29.036646, 29.946525, 30.876652, 31.442238 ] }, { "date": "2024-11-22", "close": 29.32986, "volume": 38372, "typical_volume": 26872.1, "trend": 32.045923, "fair_value": 29.001262, "relative_strength": -20.891746, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.569705, "energy": 86.839465, "activity_lines": [ 29.036968, 29.727419, 30.666221, 31.25507 ] }, { "date": "2024-11-29", "close": 29.271608, "volume": 34018, "typical_volume": 26019.4, "trend": 31.881921, "fair_value": 29.042576, "relative_strength": -21.46695, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.118591, "energy": 73.606641, "activity_lines": [ 29.098584, 29.529865, 30.469325, 31.076082 ] }, { "date": "2024-12-06", "close": 28.727676, "volume": 25037, "typical_volume": 26067.7, "trend": 31.701989, "fair_value": 29.076728, "relative_strength": -23.100993, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.218259, "energy": 64.688925, "activity_lines": [ 29.001806, 29.276027, 30.237368, 30.872583 ] }, { "date": "2024-12-13", "close": 28.124193, "volume": 31662, "typical_volume": 26137.45, "trend": 31.491227, "fair_value": 29.109437, "relative_strength": -23.76736, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.637465, "energy": 67.443302, "activity_lines": [ 28.714146, 28.968416, 29.965067, 30.641757 ] }, { "date": "2024-12-20", "close": 26.541372, "volume": 176082, "typical_volume": 33566.0, "trend": 31.246767, "fair_value": 29.129976, "relative_strength": -26.178622, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -91.222685, "energy": 82.846391, "activity_lines": [ 27.950649, 28.4506, 29.564259, 30.322412 ] }, { "date": "2024-12-27", "close": 26.917134, "volume": 42291, "typical_volume": 34201.85, "trend": 31.024417, "fair_value": 29.152262, "relative_strength": -25.088597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.748856, "energy": 89.713899, "activity_lines": [ 27.456713, 28.096639, 29.224462, 30.043081 ] }, { "date": "2025-01-03", "close": 27.573889, "volume": 79056, "typical_volume": 36658.9, "trend": 30.849004, "fair_value": 29.167899, "relative_strength": -22.316294, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.493747, "energy": 83.792522, "activity_lines": [ 27.342544, 27.927968, 28.97171, 29.820466 ] }, { "date": "2025-01-10", "close": 27.376862, "volume": 32584, "typical_volume": 37023.0, "trend": 30.678772, "fair_value": 29.1762, "relative_strength": -20.833456, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.378342, "energy": 81.011407, "activity_lines": [ 27.27588, 27.760592, 28.725638, 29.596457 ] }, { "date": "2025-01-17", "close": 28.789375, "volume": 32031, "typical_volume": 37877.55, "trend": 30.554501, "fair_value": 29.201823, "relative_strength": -18.698679, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.720953, "energy": 56.325281, "activity_lines": [ 27.770109, 27.8774, 28.641237, 29.47456 ] }, { "date": "2025-01-24", "close": 28.572254, "volume": 97448, "typical_volume": 41927.95, "trend": 30.400398, "fair_value": 29.230221, "relative_strength": -20.188668, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.451443, "energy": 37.666609, "activity_lines": [ 28.147618, 27.956756, 28.556775, 29.346673 ] }, { "date": "2025-01-31", "close": 27.965785, "volume": 89570, "typical_volume": 45033.5, "trend": 30.221351, "fair_value": 29.248084, "relative_strength": -20.550015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.324057, "energy": 30.899195, "activity_lines": [ 28.187579, 27.928276, 28.426975, 29.189601 ] }, { "date": "2025-02-07", "close": 27.84257, "volume": 40528, "typical_volume": 45961.35, "trend": 30.05652, "fair_value": 29.262992, "relative_strength": -20.227429, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.73897, "energy": 26.07563, "activity_lines": [ 28.116558, 27.902196, 28.300354, 29.036132 ] }, { "date": "2025-02-14", "close": 28.413358, "volume": 27956, "typical_volume": 46204.0, "trend": 29.926129, "fair_value": 29.286049, "relative_strength": -19.213957, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.467106, "energy": 26.127953, "activity_lines": [ 28.217887, 28.005877, 28.24606, 28.930121 ] }, { "date": "2025-02-21", "close": 28.228291, "volume": 67634, "typical_volume": 48536.6, "trend": 29.773932, "fair_value": 29.311991, "relative_strength": -17.894116, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.506725, "energy": 27.453736, "activity_lines": [ 28.188428, 28.081624, 28.190291, 28.820583 ] }, { "date": "2025-02-28", "close": 27.687791, "volume": 42949, "typical_volume": 49856.45, "trend": 29.635585, "fair_value": 29.333524, "relative_strength": -18.159313, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.736021, "energy": 34.228813, "activity_lines": [ 28.016208, 28.057207, 28.102869, 28.685994 ] }, { "date": "2025-03-07", "close": 28.128895, "volume": 53272, "typical_volume": 51447.65, "trend": 29.504489, "fair_value": 29.356661, "relative_strength": -13.692959, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -36.826988, "energy": 22.639477, "activity_lines": [ 28.049987, 28.092145, 28.077018, 28.588788 ] }, { "date": "2025-03-14", "close": 28.637341, "volume": 35265, "typical_volume": 51218.45, "trend": 29.361828, "fair_value": 29.382584, "relative_strength": -9.515936, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -19.838546, "energy": 13.751089, "activity_lines": [ 28.242373, 28.197497, 28.111075, 28.532843 ] }, { "date": "2025-03-21", "close": 28.72713, "volume": 39272, "typical_volume": 52225.75, "trend": 29.216816, "fair_value": 29.402996, "relative_strength": -9.150914, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.693618, "energy": 7.435599, "activity_lines": [ 28.411705, 28.299839, 28.158341, 28.491895 ] }, { "date": "2025-03-28", "close": 28.378266, "volume": 8534, "typical_volume": 51109.8, "trend": 29.058797, "fair_value": 29.415611, "relative_strength": -8.350649, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -12.816854, "energy": 12.047484, "activity_lines": [ 28.44383, 28.3142, 28.173118, 28.437795 ] }, { "date": "2025-04-04", "close": 24.917463, "volume": 49486, "typical_volume": 52152.35, "trend": 28.850018, "fair_value": 29.407333, "relative_strength": -10.781756, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.209482, "energy": 56.129377, "activity_lines": [ 27.312356, 27.706799, 27.860783, 28.170612 ] }, { "date": "2025-04-11", "close": 25.523442, "volume": 38500, "typical_volume": 52158.75, "trend": 28.664208, "fair_value": 29.401129, "relative_strength": -12.807057, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -74.514123, "energy": 74.110235, "activity_lines": [ 26.567564, 27.276027, 27.624201, 27.955994 ] }, { "date": "2025-04-18", "close": 25.790359, "volume": 29975, "typical_volume": 51956.6, "trend": 28.470043, "fair_value": 29.39771, "relative_strength": -9.943175, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.766695, "energy": 79.364242, "activity_lines": [ 26.085441, 26.938191, 27.431165, 27.770584 ] }, { "date": "2025-04-25", "close": 26.860183, "volume": 24149, "typical_volume": 51912.2, "trend": 28.305215, "fair_value": 29.402747, "relative_strength": -9.67309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.88313, "energy": 74.886333, "activity_lines": [ 26.149725, 26.832182, 27.356594, 27.666722 ] }, { "date": "2025-05-02", "close": 27.789539, "volume": 20697, "typical_volume": 51363.95, "trend": 28.151831, "fair_value": 29.40664, "relative_strength": -8.597475, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.595261, "energy": 40.698307, "activity_lines": [ 26.648257, 26.923386, 27.379427, 27.633453 ] }, { "date": "2025-05-09", "close": 28.348271, "volume": 43276, "typical_volume": 44723.65, "trend": 28.036913, "fair_value": 29.415193, "relative_strength": -5.815664, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -18.547599, "energy": 11.72897, "activity_lines": [ 27.372281, 27.124155, 27.457066, 27.646126 ] }, { "date": "2025-05-16", "close": 29.367515, "volume": 33002, "typical_volume": 44259.2, "trend": 27.997812, "fair_value": 29.42859, "relative_strength": -6.779087, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": 22.406448, "energy": 28.785005, "activity_lines": [ 28.207333, 27.498233, 27.623171, 27.731972 ] }, { "date": "2025-05-23", "close": 28.76977, "volume": 15852, "typical_volume": 41099.0, "trend": 27.969625, "fair_value": 29.428647, "relative_strength": -5.780266, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.345632, "energy": 32.685898, "activity_lines": [ 28.586866, 27.741109, 27.72068, 27.781775 ] }, { "date": "2025-05-30", "close": 29.368495, "volume": 11170, "typical_volume": 40028.3, "trend": 27.985847, "fair_value": 29.426983, "relative_strength": -4.988713, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 32.76729, "energy": 42.442744, "activity_lines": [ 28.967345, 28.090436, 27.869515, 27.872025 ] }, { "date": "2025-06-06", "close": 29.965847, "volume": 31949, "typical_volume": 40024.2, "trend": 28.02135, "fair_value": 29.428925, "relative_strength": -4.20328, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.426877, "energy": 66.772865, "activity_lines": [ 29.379722, 28.536712, 28.065757, 27.999767 ] }, { "date": "2025-06-13", "close": 31.230541, "volume": 36624, "typical_volume": 36983.0, "trend": 28.105503, "fair_value": 29.459546, "relative_strength": 0.504714, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.280484, "energy": 84.253255, "activity_lines": [ 30.068576, 29.184067, 28.376844, 28.206811 ] }, { "date": "2025-06-20", "close": 31.993651, "volume": 42099, "typical_volume": 34609.45, "trend": 28.194296, "fair_value": 29.498339, "relative_strength": 3.378443, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 87.823925, "energy": 90.383797, "activity_lines": [ 30.819648, 29.855386, 28.74795, 28.45766 ] }, { "date": "2025-06-27", "close": 31.681643, "volume": 57910, "typical_volume": 35478.55, "trend": 28.27463, "fair_value": 29.537189, "relative_strength": -0.688978, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.188106, "energy": 88.318483, "activity_lines": [ 31.291642, 30.352336, 29.07016, 28.68265 ] }, { "date": "2025-07-04", "close": 33.353035, "volume": 17949, "typical_volume": 34978.2, "trend": 28.428809, "fair_value": 29.592813, "relative_strength": 3.093729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 91.284497, "energy": 96.269893, "activity_lines": [ 32.126642, 31.046062, 29.533269, 29.010289 ] }, { "date": "2025-07-11", "close": 33.89324, "volume": 29418, "typical_volume": 33067.4, "trend": 28.62111, "fair_value": 29.656181, "relative_strength": 5.245247, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 89.970284, "energy": 96.110207, "activity_lines": [ 32.876074, 31.719954, 30.024304, 29.362833 ] }, { "date": "2025-07-18", "close": 33.220017, "volume": 79332, "typical_volume": 34886.55, "trend": 28.843732, "fair_value": 29.710953, "relative_strength": 2.759444, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.47153, "energy": 89.212898, "activity_lines": [ 33.139272, 32.160466, 30.424246, 29.659537 ] }, { "date": "2025-07-25", "close": 33.734638, "volume": 35095, "typical_volume": 33977.7, "trend": 29.070982, "fair_value": 29.758245, "relative_strength": 3.101212, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.460853, "energy": 90.969456, "activity_lines": [ 33.441379, 32.605969, 30.846856, 29.975079 ] }, { "date": "2025-08-01", "close": 32.332908, "volume": 71344, "typical_volume": 35781.65, "trend": 29.229616, "fair_value": 29.803605, "relative_strength": 1.584344, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.436945, "energy": 66.296223, "activity_lines": [ 33.160177, 32.717209, 31.109274, 30.185526 ] }, { "date": "2025-08-08", "close": 33.060044, "volume": 70849, "typical_volume": 37360.5, "trend": 29.419055, "fair_value": 29.841839, "relative_strength": 1.69314, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.447088, "energy": 62.036301, "activity_lines": [ 33.077936, 32.895871, 31.423345, 30.43265 ] }, { "date": "2025-08-15", "close": 33.494482, "volume": 15979, "typical_volume": 37732.75, "trend": 29.575892, "fair_value": 29.883803, "relative_strength": 2.338258, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.950337, "energy": 62.739114, "activity_lines": [ 33.16004, 33.086403, 31.758159, 30.695581 ] }, { "date": "2025-08-22", "close": 34.784857, "volume": 27518, "typical_volume": 36634.35, "trend": 29.782979, "fair_value": 29.93176, "relative_strength": 6.200514, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.106541, "energy": 67.314928, "activity_lines": [ 33.698853, 33.447391, 32.191502, 31.031643 ] }, { "date": "2025-08-29", "close": 34.651154, "volume": 18509, "typical_volume": 35634.8, "trend": 30.005825, "fair_value": 29.987754, "relative_strength": 6.06667, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.394992, "energy": 67.642617, "activity_lines": [ 34.088776, 33.719446, 32.565124, 31.345719 ] }, { "date": "2025-09-05", "close": 35.042266, "volume": 56130, "typical_volume": 36942.55, "trend": 30.245814, "fair_value": 30.045478, "relative_strength": 7.074921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.750084, "energy": 74.905269, "activity_lines": [ 34.547968, 34.014295, 32.932529, 31.670651 ] }, { "date": "2025-09-12", "close": 35.376525, "volume": 39768, "typical_volume": 37723.5, "trend": 30.47792, "fair_value": 30.115019, "relative_strength": 6.513521, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.951504, "energy": 85.04266, "activity_lines": [ 34.937956, 34.308815, 33.287712, 32.001664 ] }, { "date": "2025-09-19", "close": 35.681376, "volume": 43680, "typical_volume": 38872.65, "trend": 30.726356, "fair_value": 30.195075, "relative_strength": 6.223223, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.108483, "energy": 80.866029, "activity_lines": [ 35.27513, 34.621972, 33.631374, 32.337371 ] }, { "date": "2025-09-26", "close": 36.905488, "volume": 52843, "typical_volume": 39351.0, "trend": 31.033613, "fair_value": 30.281179, "relative_strength": 10.20315, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.357082, "energy": 85.447242, "activity_lines": [ 35.874547, 35.125183, 34.054038, 32.736025 ] }, { "date": "2025-10-03", "close": 36.376262, "volume": 44549, "typical_volume": 39928.35, "trend": 31.308525, "fair_value": 30.354979, "relative_strength": 7.540146, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.66971, "energy": 79.252508, "activity_lines": [ 36.15618, 35.465162, 34.385552, 33.080712 ] }, { "date": "2025-10-10", "close": 34.798189, "volume": 42643, "typical_volume": 41267.9, "trend": 31.513887, "fair_value": 30.422279, "relative_strength": 5.515145, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.103316, "energy": 63.098277, "activity_lines": [ 35.796782, 35.47019, 34.533397, 33.305851 ] }, { "date": "2025-10-17", "close": 35.749012, "volume": 25027, "typical_volume": 41960.75, "trend": 31.747949, "fair_value": 30.486062, "relative_strength": 6.505366, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.689969, "energy": 58.395197, "activity_lines": [ 35.770597, 35.603272, 34.74309, 33.579085 ] }, { "date": "2025-10-24", "close": 38.318883, "volume": 85747, "typical_volume": 44650.65, "trend": 32.079303, "fair_value": 30.562914, "relative_strength": 11.788998, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.347764, "energy": 66.677887, "activity_lines": [ 36.576203, 36.154712, 35.16715, 34.003017 ] }, { "date": "2025-10-31", "close": 38.327019, "volume": 73932, "typical_volume": 46516.05, "trend": 32.526288, "fair_value": 30.631874, "relative_strength": 10.813564, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.182856, "energy": 69.261327, "activity_lines": [ 37.208687, 36.619915, 35.552208, 34.406095 ] }, { "date": "2025-11-07", "close": 38.72313, "volume": 72677, "typical_volume": 48044.95, "trend": 32.966278, "fair_value": 30.69618, "relative_strength": 13.43019, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.588233, "energy": 80.505815, "activity_lines": [ 37.878439, 37.092736, 35.941198, 34.805891 ] }, { "date": "2025-11-14", "close": 40.443533, "volume": 160419, "typical_volume": 53170.4, "trend": 33.454717, "fair_value": 30.774516, "relative_strength": 17.828829, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.891397, "energy": 93.590652, "activity_lines": [ 38.965201, 37.804321, 36.461991, 35.288295 ] }, { "date": "2025-11-21", "close": 38.983774, "volume": 347250, "typical_volume": 69635.45, "trend": 33.858837, "fair_value": 30.839047, "relative_strength": 15.394867, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.260132, "energy": 83.068407, "activity_lines": [ 39.189021, 38.15229, 36.802035, 35.645008 ] }, { "date": "2025-11-28", "close": 38.875262, "volume": 74815, "typical_volume": 71905.3, "trend": 34.228361, "fair_value": 30.905524, "relative_strength": 10.651381, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.64054, "energy": 65.161648, "activity_lines": [ 39.161019, 38.414944, 37.104933, 35.968648 ] }, { "date": "2025-12-05", "close": 39.171194, "volume": 84861, "typical_volume": 72181.75, "trend": 34.589125, "fair_value": 30.985677, "relative_strength": 10.734897, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.490163, "energy": 61.18635, "activity_lines": [ 39.194569, 38.673333, 37.41229, 36.287541 ] }, { "date": "2025-12-12", "close": 38.425042, "volume": 81330, "typical_volume": 74493.5, "trend": 34.891043, "fair_value": 31.058075, "relative_strength": 8.87628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.691351, "energy": 50.021673, "activity_lines": [ 38.923124, 38.754863, 37.620247, 36.535019 ] }, { "date": "2025-12-19", "close": 37.464416, "volume": 82348, "typical_volume": 75043.7, "trend": 35.180864, "fair_value": 31.120436, "relative_strength": 5.649729, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.204672, "energy": 34.02714, "activity_lines": [ 38.351342, 38.624483, 37.71438, 36.701044 ] }, { "date": "2025-12-26", "close": 37.38, "volume": 38546, "typical_volume": 73428.55, "trend": 35.447914, "fair_value": 31.181108, "relative_strength": 3.606892, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.01429, "energy": 24.363204, "activity_lines": [ 37.950029, 38.430279, 37.776037, 36.842923 ] }, { "date": "2026-01-02", "close": 37.92, "volume": 87163, "typical_volume": 76987.75, "trend": 35.713053, "fair_value": 31.24593, "relative_strength": 5.875663, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.846944, "energy": 22.462541, "activity_lines": [ 37.835635, 38.304601, 37.868552, 37.002413 ] }, { "date": "2026-01-09", "close": 39.1, "volume": 939751, "typical_volume": 122599.4, "trend": 35.975368, "fair_value": 31.312753, "relative_strength": 7.117131, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 47.189701, "energy": 23.941762, "activity_lines": [ 38.178258, 38.400722, 38.052374, 37.220925 ] }, { "date": "2026-01-16", "close": 39.9, "volume": 299490, "typical_volume": 136648.45, "trend": 36.238913, "fair_value": 31.379157, "relative_strength": 9.331984, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 68.60061, "energy": 41.244263, "activity_lines": [ 38.792294, 38.628243, 38.291838, 37.474127 ] }, { "date": "2026-01-23", "close": 41.32, "volume": 254700, "typical_volume": 146576.95, "trend": 36.560192, "fair_value": 31.4513, "relative_strength": 13.110799, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.214878, "energy": 73.675826, "activity_lines": [ 39.781333, 39.092548, 38.641546, 37.80194 ] }, { "date": "2026-01-30", "close": 41.92, "volume": 249363, "typical_volume": 157056.7, "trend": 36.845757, "fair_value": 31.539354, "relative_strength": 13.73895, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.066765, "energy": 87.251041, "activity_lines": [ 40.713333, 39.650008, 39.018503, 38.147734 ] }, { "date": "2026-02-06", "close": 44.27, "volume": 283460, "typical_volume": 169045.7, "trend": 37.191649, "fair_value": 31.637024, "relative_strength": 19.606465, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 91.970208, "energy": 95.843805, "activity_lines": [ 42.126, 40.581355, 39.588109, 38.626717 ] }, { "date": "2026-02-13", "close": 44.57, "volume": 403551, "typical_volume": 186581.1, "trend": 37.569982, "fair_value": 31.739829, "relative_strength": 21.191024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.05083, "energy": 95.146141, "activity_lines": [ 43.215333, 41.469161, 40.145389, 39.10274 ] }, { "date": "2026-02-20", "close": 44.61, "volume": 165971, "typical_volume": 192652.2, "trend": 37.932494, "fair_value": 31.844546, "relative_strength": 19.221655, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.30647, "energy": 92.624494, "activity_lines": [ 43.953333, 42.26608, 40.669981, 39.556934 ] }, { "date": "2026-02-27", "close": 44.86, "volume": 186500, "typical_volume": 199845.05, "trend": 38.350064, "fair_value": 31.944614, "relative_strength": 19.716813, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.381519, "energy": 91.122271, "activity_lines": [ 44.460667, 42.996, 41.179174, 40.00387 ] }, { "date": "2026-03-06", "close": 46.82, "volume": 876727, "typical_volume": 242430.05, "trend": 38.808729, "fair_value": 32.064374, "relative_strength": 26.575524, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.675108, "energy": 94.19798, "activity_lines": [ 45.385333, 43.947818, 41.827121, 40.550318 ] }, { "date": "2026-03-13", "close": 46.85, "volume": 852321, "typical_volume": 280758.75, "trend": 39.253913, "fair_value": 32.193885, "relative_strength": 27.726269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.206722, "energy": 81.870929, "activity_lines": [ 45.993333, 44.733455, 42.425205, 41.06911 ] }, { "date": "2026-03-20", "close": 47.76, "volume": 721615, "typical_volume": 313142.9, "trend": 39.686417, "fair_value": 32.326198, "relative_strength": 31.586437, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.31485, "energy": 73.788485, "activity_lines": [ 46.732667, 45.522182, 43.069332, 41.617889 ] }, { "date": "2026-03-27", "close": 48.77, "volume": 700969, "typical_volume": 344557.5, "trend": 40.157046, "fair_value": 32.456492, "relative_strength": 36.255029, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.946643, "energy": 73.299116, "activity_lines": [ 47.596, 46.337091, 43.76473, 42.203927 ] }, { "date": "2026-04-03", "close": 48.7557, "volume": 500373, "typical_volume": 361555.2, "trend": 40.61416, "fair_value": 32.587275, "relative_strength": 30.611222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.56991, "energy": 70.290061, "activity_lines": [ 48.177233, 46.988127, 44.410924, 42.758679 ] }, { "date": "2026-04-10", "close": 47.46, "volume": 527767, "typical_volume": 370581.05, "trend": 41.016943, "fair_value": 32.707057, "relative_strength": 21.833574, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.211108, "energy": 65.933026, "activity_lines": [ 48.066853, 47.268387, 44.894137, 43.200346 ] }, { "date": "2026-04-17", "close": 46.6, "volume": 351963, "typical_volume": 384438.45, "trend": 41.380897, "fair_value": 32.828094, "relative_strength": 13.844215, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.15611, "energy": 60.008016, "activity_lines": [ 47.62714, 47.291556, 45.255082, 43.560543 ] }, { "date": "2026-04-24", "close": 47.66, "volume": 496595, "typical_volume": 405025.15, "trend": 41.739381, "fair_value": 32.957187, "relative_strength": 15.144994, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.421797, "energy": 54.261928, "activity_lines": [ 47.557427, 47.465089, 45.680194, 43.965647 ] }, { "date": "2026-05-01", "close": 50.7, "volume": 492166, "typical_volume": 425566.95, "trend": 42.216838, "fair_value": 33.110402, "relative_strength": 20.519179, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.64677, "energy": 61.260958, "activity_lines": [ 48.507713, 48.135167, 46.354408, 44.543751 ] }, { "date": "2026-05-08", "close": 49.64, "volume": 383435, "typical_volume": 440621.3, "trend": 42.711565, "fair_value": 33.257749, "relative_strength": 14.661866, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.222943, "energy": 58.399846, "activity_lines": [ 48.976, 48.501791, 46.869217, 45.022665 ] }, { "date": "2026-05-15", "close": 49.2555, "volume": 510354, "typical_volume": 464211.7, "trend": 43.161782, "fair_value": 33.402863, "relative_strength": 12.919278, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.110264, "energy": 56.891049, "activity_lines": [ 49.257167, 48.711596, 47.289428, 45.444854 ] }, { "date": "2026-05-22", "close": 48.5, "volume": 729810, "typical_volume": 496344.05, "trend": 43.501152, "fair_value": 33.542273, "relative_strength": 9.693599, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.03545, "energy": 53.436185, "activity_lines": [ 49.1668, 48.739756, 47.581136, 45.789255 ] }, { "date": "2026-05-29", "close": 48.18, "volume": 394107, "typical_volume": 469061.85, "trend": 43.829585, "fair_value": 33.677999, "relative_strength": 6.947421, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.812327, "energy": 42.922933, "activity_lines": [ 48.8431, 48.679735, 47.791988, 46.091116 ] }, { "date": "2026-06-05", "close": 48.49, "volume": 478340, "typical_volume": 478004.35, "trend": 44.155147, "fair_value": 33.811181, "relative_strength": 9.860436, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.009422, "energy": 31.864737, "activity_lines": [ 48.588067, 48.66844, 47.989125, 46.391788 ] }, { "date": "2026-06-12", "close": 48.48, "volume": 527594, "typical_volume": 491649.05, "trend": 44.42303, "fair_value": 33.943811, "relative_strength": 8.780762, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.85771, "energy": 26.096406, "activity_lines": [ 48.477033, 48.660418, 48.144405, 46.670811 ] }, { "date": "2026-06-19", "close": 45.28, "volume": 488250, "typical_volume": 503593.4, "trend": 44.632904, "fair_value": 34.062924, "relative_strength": 0.465927, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.554423, "energy": 13.483526, "activity_lines": [ 47.376667, 48.075591, 47.960828, 46.726099 ] }, { "date": "2026-06-26", "close": 45.485, "volume": 227571, "typical_volume": 500798.95, "trend": 44.853228, "fair_value": 34.181, "relative_strength": 3.039824, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -2.407764, "energy": 14.497208, "activity_lines": [ 46.609667, 47.567673, 47.780774, 46.781073 ] }, { "date": "2026-07-03", "close": 47.46, "volume": 254216, "typical_volume": 493332.2, "trend": 45.129522, "fair_value": 34.309358, "relative_strength": 4.908073, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.71969, "energy": 16.160074, "activity_lines": [ 46.702, 47.439118, 47.78303, 46.949252 ] }, { "date": "2026-07-10", "close": 50.33, "volume": 1089388, "typical_volume": 539503.05, "trend": 45.526354, "fair_value": 34.453043, "relative_strength": 9.347761, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.258137, "energy": 18.828992, "activity_lines": [ 47.799, 47.836018, 48.044858, 47.284767 ] }, { "date": "2026-07-17", "close": 54.25, "volume": 1380951, "typical_volume": 599225.6, "trend": 46.085873, "fair_value": 34.616408, "relative_strength": 18.982728, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 77.573874, "energy": 61.487683, "activity_lines": [ 50.08, 48.952373, 48.652781, 47.847583 ] }, { "date": "2026-07-24", "close": 55.14, "volume": 2154759, "typical_volume": 663127.2, "trend": 46.677873, "fair_value": 34.780845, "relative_strength": 20.849401, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.294644, "energy": 83.26192, "activity_lines": [ 52.273, 50.146727, 49.300751, 48.43172 ] }, { "date": "2026-07-31", "close": 55.24, "volume": 2364570, "typical_volume": 738739.65, "trend": 47.255207, "fair_value": 34.94521, "relative_strength": 18.964219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.321091, "energy": 88.288819, "activity_lines": [ 53.842, 51.252273, 49.918627, 48.984115 ] }, { "date": "2026-08-07", "close": 54.78, "volume": 1436990, "typical_volume": 774508.4, "trend": 47.777873, "fair_value": 35.100789, "relative_strength": 13.327159, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.392772, "energy": 87.665302, "activity_lines": [ 54.607333, 52.151636, 50.45274, 49.469586 ] } ], "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." } } }