{ "ticker": { "uuid": "988741d7-f2b9-4c7d-8979-71e748cb1faa", "symbol": "ETSX", "name": "Evolve S&P/TSX 60 Enhanced Yield Fund CAD Unhedged", "exchange": "TOR", "country": "CA", "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": "^GSPTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 79.212, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 88.102, "architecture_energy": 78.678, "architecture_maturity": 36.746, "architecture_confidence": 74.56, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 9.74, "rotation_up": 72.85, "upward_expansion": 90.93, "deceleration": 48.9, "rotation_down": 18.67, "downward_expansion": 15.26 }, "activity_lines": [ 24.920186, 24.769378, 24.480307, 24.197433 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Stable", "price_acceptance": 0.833333 }, "latest_close": 25.280001, "trend_reference": 23.864142, "distance_from_trend": 0.05933, "trend_direction": "Improving", "fair_value": 18.963222, "distance_from_fair_value": 0.333107, "fair_value_direction": "Improving", "relative_strength": -2.111689, "relative_strength_direction": "Improving", "price_momentum": 0.099167, "excess_performance": -0.021254, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.05933, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.031791, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.333107, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.025457, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.021117, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.009319, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.099167, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.615512, "read": "Demand-led" } ], "volume": { "latest": 17500, "relative_activity": 1.273654, "balance": 1.615512, "dry_up": 1.197234, "accumulation_observations": 3, "distribution_observations": 1 }, "risk": { "range_context": 0.013007, "annualized_volatility": 0.104027, "from_high_reference": -0.003155, "from_low_reference": 0.254167 }, "levels": { "trend_reference": 23.864142, "fair_value_reference": 18.963222, "structural_low": 22.255881, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 24, "median_return": 0.015575, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.000619, "regime_survival": 0.916667, "best_return": 0.040809, "worst_return": -0.024646, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.066896, "positive_rate": 0.857143, "directional_follow_through": 0.857143, "median_excess_return": -0.00619, "regime_survival": 0.714286, "best_return": 0.092132, "worst_return": -0.016547, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.101235, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.0076, "regime_survival": 0.75, "best_return": 0.145081, "worst_return": 0.051237, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.222879, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.024533, "regime_survival": 1.0, "best_return": 0.239182, "worst_return": 0.206576, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-19", "end": "2025-01-03", "tenure": "Established", "return": 0.107727, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-10", "end": "2025-01-24", "tenure": "New", "return": 0.030681, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-01-31", "end": "2025-04-04", "tenure": "Developing", "return": -0.082246, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-04-11", "end": "2025-05-02", "tenure": "New", "return": 0.061195, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-09", "end": "2025-05-23", "tenure": "New", "return": 0.013448, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-05-30", "end": "2026-03-27", "tenure": "Extended", "return": 0.1829, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-04-03", "end": "2026-04-17", "tenure": "New", "return": 0.038559, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.057996, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 14.448489, "volume": 5700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 14.350044, "volume": 1700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 14.965176, "volume": 60800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 14.682676, "volume": 500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 15.003357, "volume": 400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 14.438341, "volume": 3000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 14.285639, "volume": 14200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 14.108515, "volume": 21500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 14.27024, "volume": 13200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 14.0238, "volume": 2700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 13.738857, "volume": 8900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 14.515945, "volume": 2500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 14.430461, "volume": 4100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 14.702443, "volume": 1000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 14.725755, "volume": 9100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 14.906612, "volume": 7300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 14.914454, "volume": 3100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 15.032011, "volume": 5300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 15.267125, "volume": 1900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 15.298155, "volume": 4600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 15.345566, "volume": 4600, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 15.377172, "volume": 22300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 15.242845, "volume": 12100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 15.495708, "volume": 10200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 15.471285, "volume": 6500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 15.367722, "volume": 6400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 15.622657, "volume": 23800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 15.718258, "volume": 3300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 15.831225, "volume": 9500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 15.983834, "volume": 7800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 16.056126, "volume": 1700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 16.128412, "volume": 15100, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 16.274218, "volume": 11800, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 16.217543, "volume": 7300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 15.942256, "volume": 14400, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 15.950355, "volume": 8700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 16.04751, "volume": 12900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 15.949566, "volume": 7500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 16.341362, "volume": 16900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 16.316874, "volume": 10000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 16.251572, "volume": 5200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 16.219994, "volume": 13200, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 16.071871, "volume": 16300, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 15.701547, "volume": 5500, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 15.718004, "volume": 12700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 15.923188, "volume": 9700, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 16.130634, "volume": 2000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 16.528915, "volume": 5000, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 16.562109, "volume": 2400, "typical_volume": 9305.0, "trend": 15.902883, "fair_value": 15.111948, "relative_strength": -0.113485, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.258311, "energy": 65.519152, "activity_lines": [ 16.325499, 16.172217, 16.138242, 16.060043 ] }, { "date": "2024-07-26", "close": 16.62849, "volume": 3300, "typical_volume": 9080.0, "trend": 15.947227, "fair_value": 15.130671, "relative_strength": -0.257982, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.58619, "energy": 78.743534, "activity_lines": [ 16.477472, 16.260585, 16.18707, 16.106856 ] }, { "date": "2024-08-02", "close": 16.23497, "volume": 9600, "typical_volume": 9475.0, "trend": 15.976874, "fair_value": 15.144138, "relative_strength": -0.05352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.398206, "energy": 67.401728, "activity_lines": [ 16.437573, 16.271737, 16.19535, 16.12542 ] }, { "date": "2024-08-09", "close": 16.343712, "volume": 1400, "typical_volume": 8790.0, "trend": 16.009092, "fair_value": 15.158591, "relative_strength": 0.221706, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.080979, "energy": 59.047407, "activity_lines": [ 16.413136, 16.302962, 16.213135, 16.149087 ] }, { "date": "2024-08-16", "close": 16.89575, "volume": 2500, "typical_volume": 8325.0, "trend": 16.064189, "fair_value": 15.179271, "relative_strength": 0.256443, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 79.66696, "energy": 55.810118, "activity_lines": [ 16.558506, 16.432309, 16.28247, 16.206291 ] }, { "date": "2024-08-23", "close": 17.021208, "volume": 7500, "typical_volume": 8335.0, "trend": 16.115039, "fair_value": 15.200941, "relative_strength": -0.022991, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.618319, "energy": 57.520731, "activity_lines": [ 16.72124, 16.569486, 16.360793, 16.268034 ] }, { "date": "2024-08-30", "close": 17.030174, "volume": 3900, "typical_volume": 7810.0, "trend": 16.167002, "fair_value": 15.222211, "relative_strength": -0.230632, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.239052, "energy": 81.304914, "activity_lines": [ 16.856356, 16.6843, 16.436144, 16.327075 ] }, { "date": "2024-09-06", "close": 16.735094, "volume": 7900, "typical_volume": 7770.0, "trend": 16.212581, "fair_value": 15.239601, "relative_strength": 0.462873, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.208398, "energy": 76.434809, "activity_lines": [ 16.866333, 16.721605, 16.478211, 16.363726 ] }, { "date": "2024-09-13", "close": 17.274668, "volume": 5800, "typical_volume": 7415.0, "trend": 16.267648, "fair_value": 15.262726, "relative_strength": 0.223615, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.577226, "energy": 84.778392, "activity_lines": [ 17.022827, 16.842253, 16.567929, 16.432248 ] }, { "date": "2024-09-20", "close": 17.443279, "volume": 26300, "typical_volume": 8355.0, "trend": 16.325149, "fair_value": 15.287227, "relative_strength": -0.067039, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.950139, "energy": 86.576792, "activity_lines": [ 17.17346, 16.972757, 16.667862, 16.508095 ] }, { "date": "2024-09-27", "close": 17.544256, "volume": 8900, "typical_volume": 7955.0, "trend": 16.38225, "fair_value": 15.312305, "relative_strength": 0.133008, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.982068, "energy": 89.482858, "activity_lines": [ 17.321251, 17.104995, 16.770299, 16.586747 ] }, { "date": "2024-10-04", "close": 17.637709, "volume": 18700, "typical_volume": 8390.0, "trend": 16.437379, "fair_value": 15.337859, "relative_strength": -0.183694, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.206625, "energy": 91.923077, "activity_lines": [ 17.465322, 17.236367, 16.875907, 16.667745 ] }, { "date": "2024-10-11", "close": 17.858612, "volume": 14100, "typical_volume": 8835.0, "trend": 16.497462, "fair_value": 15.365258, "relative_strength": -0.198259, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.796026, "energy": 93.767282, "activity_lines": [ 17.642526, 17.389555, 16.996265, 16.759437 ] }, { "date": "2024-10-18", "close": 18.088001, "volume": 5100, "typical_volume": 8430.0, "trend": 16.562781, "fair_value": 15.394535, "relative_strength": -0.33398, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.42601, "energy": 95.053526, "activity_lines": [ 17.821291, 17.554928, 17.130817, 16.862053 ] }, { "date": "2024-10-25", "close": 17.833124, "volume": 3900, "typical_volume": 7810.0, "trend": 16.614745, "fair_value": 15.420478, "relative_strength": -0.286001, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.006667, "energy": 84.74118, "activity_lines": [ 17.860876, 17.642246, 17.232199, 16.94401 ] }, { "date": "2024-11-01", "close": 17.644321, "volume": 59200, "typical_volume": 10495.0, "trend": 16.662304, "fair_value": 15.443887, "relative_strength": -0.481149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.396418, "energy": 71.730291, "activity_lines": [ 17.811536, 17.678193, 17.307213, 17.010434 ] }, { "date": "2024-11-08", "close": 18.072378, "volume": 7700, "typical_volume": 10245.0, "trend": 16.733308, "fair_value": 15.471267, "relative_strength": -0.131298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.371517, "energy": 70.21535, "activity_lines": [ 17.898211, 17.78064, 17.413743, 17.101407 ] }, { "date": "2024-11-15", "close": 18.18367, "volume": 18900, "typical_volume": 10705.0, "trend": 16.807752, "fair_value": 15.49923, "relative_strength": -0.051144, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.287023, "energy": 70.447867, "activity_lines": [ 17.993005, 17.884372, 17.519661, 17.194979 ] }, { "date": "2024-11-22", "close": 18.54323, "volume": 4600, "typical_volume": 10835.0, "trend": 16.890943, "fair_value": 15.530291, "relative_strength": -0.282606, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.452664, "energy": 79.891902, "activity_lines": [ 18.185982, 18.02714, 17.649059, 17.306945 ] }, { "date": "2024-11-29", "close": 18.723648, "volume": 8800, "typical_volume": 11025.0, "trend": 16.983412, "fair_value": 15.562547, "relative_strength": -0.115215, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.965964, "energy": 91.299628, "activity_lines": [ 18.40875, 18.179648, 17.784151, 17.425184 ] }, { "date": "2024-12-06", "close": 18.809893, "volume": 22700, "typical_volume": 12040.0, "trend": 17.065696, "fair_value": 15.59502, "relative_strength": 0.177565, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.53837, "energy": 93.684477, "activity_lines": [ 18.600898, 18.324556, 17.917006, 17.543022 ] }, { "date": "2024-12-13", "close": 18.499413, "volume": 5700, "typical_volume": 12160.0, "trend": 17.138448, "fair_value": 15.623777, "relative_strength": 0.152246, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.425059, "energy": 87.055198, "activity_lines": [ 18.611847, 18.390003, 18.009587, 17.635519 ] }, { "date": "2024-12-20", "close": 18.033695, "volume": 15200, "typical_volume": 12440.0, "trend": 17.197852, "fair_value": 15.647403, "relative_strength": 0.303954, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.706256, "energy": 65.174907, "activity_lines": [ 18.439089, 18.355105, 18.048905, 17.693277 ] }, { "date": "2024-12-27", "close": 18.145811, "volume": 900, "typical_volume": 12415.0, "trend": 17.262046, "fair_value": 15.67166, "relative_strength": 0.121206, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.58546, "energy": 50.846612, "activity_lines": [ 18.313701, 18.33741, 18.090335, 17.754436 ] }, { "date": "2025-01-03", "close": 18.346298, "volume": 1600, "typical_volume": 12370.0, "trend": 17.33786, "fair_value": 15.697378, "relative_strength": 0.111907, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 44.677787, "energy": 36.299075, "activity_lines": [ 18.281636, 18.355115, 18.142278, 17.824388 ] }, { "date": "2025-01-10", "close": 18.129028, "volume": 18800, "typical_volume": 12935.0, "trend": 17.418776, "fair_value": 15.720536, "relative_strength": 0.149378, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.160713, "energy": 28.11314, "activity_lines": [ 18.202305, 18.323987, 18.166622, 17.875431 ] }, { "date": "2025-01-17", "close": 18.337605, "volume": 5900, "typical_volume": 13035.0, "trend": 17.506096, "fair_value": 15.745225, "relative_strength": 0.082094, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 41.198939, "energy": 29.214498, "activity_lines": [ 18.23789, 18.321968, 18.205554, 17.93471 ] }, { "date": "2025-01-24", "close": 18.685236, "volume": 8100, "typical_volume": 13045.0, "trend": 17.598164, "fair_value": 15.772702, "relative_strength": 0.374935, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 73.896059, "energy": 48.969102, "activity_lines": [ 18.400139, 18.378333, 18.271368, 18.010784 ] }, { "date": "2025-01-31", "close": 18.840584, "volume": 13100, "typical_volume": 13410.0, "trend": 17.688496, "fair_value": 15.801108, "relative_strength": 0.942404, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.968762, "energy": 56.39873, "activity_lines": [ 18.570736, 18.453824, 18.342691, 18.09094 ] }, { "date": "2025-02-07", "close": 18.700506, "volume": 13700, "typical_volume": 12780.0, "trend": 17.760882, "fair_value": 15.827708, "relative_strength": 0.537748, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.568118, "energy": 52.811966, "activity_lines": [ 18.648321, 18.498439, 18.393216, 18.156231 ] }, { "date": "2025-02-14", "close": 18.910624, "volume": 7000, "typical_volume": 12685.0, "trend": 17.839166, "fair_value": 15.855735, "relative_strength": 1.487677, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.957241, "energy": 69.157474, "activity_lines": [ 18.772332, 18.581678, 18.457766, 18.230408 ] }, { "date": "2025-02-21", "close": 18.595444, "volume": 53900, "typical_volume": 14445.0, "trend": 17.904731, "fair_value": 15.880417, "relative_strength": 1.115985, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.032027, "energy": 52.702282, "activity_lines": [ 18.739176, 18.605781, 18.485792, 18.2792 ] }, { "date": "2025-02-28", "close": 18.779253, "volume": 8700, "typical_volume": 14175.0, "trend": 17.989541, "fair_value": 15.906299, "relative_strength": 1.110971, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.356474, "energy": 46.86759, "activity_lines": [ 18.750101, 18.661557, 18.526764, 18.33562 ] }, { "date": "2025-03-07", "close": 18.32876, "volume": 8800, "typical_volume": 14360.0, "trend": 18.055709, "fair_value": 15.927737, "relative_strength": 1.202009, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.967709, "energy": 27.249375, "activity_lines": [ 18.604593, 18.62187, 18.520447, 18.357505 ] }, { "date": "2025-03-14", "close": 18.116766, "volume": 10000, "typical_volume": 14665.0, "trend": 18.09641, "fair_value": 15.946939, "relative_strength": 0.860366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.99748, "energy": 13.071874, "activity_lines": [ 18.422543, 18.540313, 18.492793, 18.361445 ] }, { "date": "2025-03-21", "close": 18.434761, "volume": 2100, "typical_volume": 11810.0, "trend": 18.143528, "fair_value": 15.968572, "relative_strength": 0.912075, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.860986, "energy": 17.302848, "activity_lines": [ 18.385407, 18.520745, 18.494074, 18.383274 ] }, { "date": "2025-03-28", "close": 18.558424, "volume": 6400, "typical_volume": 11745.0, "trend": 18.19447, "fair_value": 15.990899, "relative_strength": 2.406354, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 26.359278, "energy": 18.514327, "activity_lines": [ 18.421216, 18.518104, 18.503369, 18.410041 ] }, { "date": "2025-04-04", "close": 17.291014, "volume": 16000, "typical_volume": 11600.0, "trend": 18.213, "fair_value": 16.002011, "relative_strength": 1.807894, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "mixed", "direction": -39.663692, "energy": 35.21544, "activity_lines": [ 18.037023, 18.281009, 18.389644, 18.351754 ] }, { "date": "2025-04-11", "close": 17.460358, "volume": 41900, "typical_volume": 13465.0, "trend": 18.21919, "fair_value": 16.01437, "relative_strength": 1.05389, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.51896, "energy": 53.685732, "activity_lines": [ 17.808494, 18.100053, 18.296297, 18.303196 ] }, { "date": "2025-04-18", "close": 17.879261, "volume": 5700, "typical_volume": 13310.0, "trend": 18.233723, "fair_value": 16.030041, "relative_strength": 0.870452, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -28.985888, "energy": 50.881206, "activity_lines": [ 17.777493, 18.020357, 18.248002, 18.281265 ] }, { "date": "2025-04-25", "close": 18.289257, "volume": 13500, "typical_volume": 12850.0, "trend": 18.258556, "fair_value": 16.048868, "relative_strength": 0.996118, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -24.350432, "energy": 44.00958, "activity_lines": [ 17.89899, 18.030137, 18.242775, 18.284848 ] }, { "date": "2025-05-02", "close": 18.528837, "volume": 7800, "typical_volume": 12955.0, "trend": 18.28826, "fair_value": 16.069363, "relative_strength": 0.971213, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 3.393732, "energy": 8.207521, "activity_lines": [ 18.110048, 18.094774, 18.262845, 18.302286 ] }, { "date": "2025-05-09", "close": 18.726721, "volume": 12700, "typical_volume": 12830.0, "trend": 18.317197, "fair_value": 16.091145, "relative_strength": 0.72096, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.797962, "energy": 20.084901, "activity_lines": [ 18.38904, 18.196602, 18.301621, 18.330573 ] }, { "date": "2025-05-16", "close": 19.167456, "volume": 9900, "typical_volume": 13280.0, "trend": 18.353179, "fair_value": 16.116156, "relative_strength": 0.622592, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 62.569961, "energy": 45.111026, "activity_lines": [ 18.71923, 18.379518, 18.379071, 18.385429 ] }, { "date": "2025-05-23", "close": 18.978567, "volume": 13500, "typical_volume": 13875.0, "trend": 18.391361, "fair_value": 16.13924, "relative_strength": -0.028959, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 64.70237, "energy": 57.059608, "activity_lines": [ 18.87265, 18.512842, 18.433667, 18.425776 ] }, { "date": "2025-05-30", "close": 19.219208, "volume": 7300, "typical_volume": 13300.0, "trend": 18.443857, "fair_value": 16.163879, "relative_strength": 0.081806, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.429962, "energy": 71.691069, "activity_lines": [ 19.032997, 18.67425, 18.50817, 18.479186 ] }, { "date": "2025-06-06", "close": 19.382542, "volume": 3300, "typical_volume": 13170.0, "trend": 18.487529, "fair_value": 16.189424, "relative_strength": -0.045721, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.725447, "energy": 77.53154, "activity_lines": [ 19.185792, 18.851092, 18.593038, 18.539746 ] }, { "date": "2025-06-13", "close": 19.382542, "volume": 39300, "typical_volume": 14730.0, "trend": 18.527491, "fair_value": 16.214567, "relative_strength": -0.344548, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.759749, "energy": 78.033258, "activity_lines": [ 19.281673, 19.01295, 18.67293, 18.597489 ] }, { "date": "2025-06-20", "close": 19.373472, "volume": 20800, "typical_volume": 15115.0, "trend": 18.555166, "fair_value": 16.239246, "relative_strength": -0.370662, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 68.697207, "energy": 75.390609, "activity_lines": [ 19.330809, 19.135132, 18.748637, 18.652068 ] }, { "date": "2025-06-27", "close": 19.545885, "volume": 9200, "typical_volume": 14890.0, "trend": 18.582574, "fair_value": 16.264879, "relative_strength": -0.228651, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 73.105453, "energy": 76.562816, "activity_lines": [ 19.423682, 19.253877, 18.838227, 18.715986 ] }, { "date": "2025-07-04", "close": 19.818674, "volume": 21300, "typical_volume": 15605.0, "trend": 18.6162, "fair_value": 16.292216, "relative_strength": -0.18093, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 83.107732, "energy": 88.409268, "activity_lines": [ 19.569663, 19.391918, 18.949772, 18.795734 ] }, { "date": "2025-07-11", "close": 19.763748, "volume": 18600, "typical_volume": 13840.0, "trend": 18.658345, "fair_value": 16.318716, "relative_strength": -0.362073, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.183242, "energy": 89.441451, "activity_lines": [ 19.657372, 19.492165, 19.051761, 18.86977 ] }, { "date": "2025-07-18", "close": 19.983448, "volume": 27300, "typical_volume": 14770.0, "trend": 18.723336, "fair_value": 16.346479, "relative_strength": -0.331133, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.042049, "energy": 92.909788, "activity_lines": [ 19.7929, 19.609904, 19.169111, 18.95526 ] }, { "date": "2025-07-25", "close": 20.102449, "volume": 22300, "typical_volume": 15445.0, "trend": 18.788558, "fair_value": 16.374719, "relative_strength": -0.401466, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.747151, "energy": 93.910409, "activity_lines": [ 19.928034, 19.72643, 19.29206, 19.044235 ] }, { "date": "2025-08-01", "close": 19.805925, "volume": 18300, "typical_volume": 15860.0, "trend": 18.837212, "fair_value": 16.400326, "relative_strength": -0.155999, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.716326, "energy": 85.864618, "activity_lines": [ 19.915729, 19.772043, 19.378322, 19.109872 ] }, { "date": "2025-08-08", "close": 20.212204, "volume": 4900, "typical_volume": 16000.0, "trend": 18.906651, "fair_value": 16.428562, "relative_strength": -0.806516, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.89997, "energy": 77.953027, "activity_lines": [ 20.021514, 19.876482, 19.495234, 19.198581 ] }, { "date": "2025-08-15", "close": 20.295303, "volume": 6400, "typical_volume": 16000.0, "trend": 18.971908, "fair_value": 16.456994, "relative_strength": -0.908202, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.061308, "energy": 74.32866, "activity_lines": [ 20.128763, 19.977976, 19.611596, 19.288171 ] }, { "date": "2025-08-22", "close": 20.590775, "volume": 12000, "typical_volume": 15800.0, "trend": 19.035426, "fair_value": 16.487167, "relative_strength": -0.971862, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.175528, "energy": 74.15081, "activity_lines": [ 20.299067, 20.116596, 19.747828, 19.392614 ] }, { "date": "2025-08-29", "close": 20.737591, "volume": 22900, "typical_volume": 14850.0, "trend": 19.098659, "fair_value": 16.517967, "relative_strength": -1.06472, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.577148, "energy": 91.751965, "activity_lines": [ 20.47782, 20.259942, 19.882329, 19.502431 ] }, { "date": "2025-09-05", "close": 21.016947, "volume": 9100, "typical_volume": 15020.0, "trend": 19.175874, "fair_value": 16.550334, "relative_strength": -1.380957, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.280001, "energy": 95.024135, "activity_lines": [ 20.707349, 20.429278, 20.027829, 19.626192 ] }, { "date": "2025-09-12", "close": 21.133348, "volume": 11200, "typical_volume": 14905.0, "trend": 19.249965, "fair_value": 16.58307, "relative_strength": -1.595375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.63865, "energy": 93.480378, "activity_lines": [ 20.894944, 20.593031, 20.169474, 19.752481 ] }, { "date": "2025-09-19", "close": 21.347521, "volume": 16900, "typical_volume": 15360.0, "trend": 19.341701, "fair_value": 16.61686, "relative_strength": -2.181075, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.061358, "energy": 92.752173, "activity_lines": [ 21.09252, 20.771821, 20.317973, 19.887807 ] }, { "date": "2025-09-26", "close": 21.398737, "volume": 10000, "typical_volume": 15225.0, "trend": 19.429017, "fair_value": 16.650536, "relative_strength": -1.888729, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.285487, "energy": 82.008202, "activity_lines": [ 21.23702, 20.931128, 20.457927, 20.020519 ] }, { "date": "2025-10-03", "close": 21.875681, "volume": 8100, "typical_volume": 15135.0, "trend": 19.547247, "fair_value": 16.687075, "relative_strength": -2.009282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.756389, "energy": 83.727339, "activity_lines": [ 21.486637, 21.151419, 20.630581, 20.178368 ] }, { "date": "2025-10-10", "close": 21.4438, "volume": 17800, "typical_volume": 15350.0, "trend": 19.658149, "fair_value": 16.720108, "relative_strength": -1.916824, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.172726, "energy": 67.962032, "activity_lines": [ 21.516422, 21.260945, 20.749207, 20.300726 ] }, { "date": "2025-10-17", "close": 21.617495, "volume": 12600, "typical_volume": 15615.0, "trend": 19.76424, "fair_value": 16.753883, "relative_strength": -1.940749, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.441407, "energy": 68.092742, "activity_lines": [ 21.575648, 21.372273, 20.872636, 20.427136 ] }, { "date": "2025-10-24", "close": 21.809961, "volume": 7400, "typical_volume": 15820.0, "trend": 19.872624, "fair_value": 16.788514, "relative_strength": -1.838079, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.003864, "energy": 69.558262, "activity_lines": [ 21.666752, 21.493045, 21.002975, 20.559118 ] }, { "date": "2025-10-31", "close": 21.752199, "volume": 11300, "typical_volume": 14420.0, "trend": 20.02133, "fair_value": 16.82228, "relative_strength": -1.776872, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.703008, "energy": 65.996906, "activity_lines": [ 21.707774, 21.575774, 21.116253, 20.680381 ] }, { "date": "2025-11-07", "close": 21.420897, "volume": 12800, "typical_volume": 14020.0, "trend": 20.153348, "fair_value": 16.853352, "relative_strength": -2.110455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.50739, "energy": 62.453541, "activity_lines": [ 21.614797, 21.57715, 21.186695, 20.770675 ] }, { "date": "2025-11-14", "close": 21.771132, "volume": 10000, "typical_volume": 14060.0, "trend": 20.283077, "fair_value": 16.886357, "relative_strength": -1.836473, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.273471, "energy": 59.469819, "activity_lines": [ 21.668884, 21.629782, 21.280743, 20.875049 ] }, { "date": "2025-11-21", "close": 21.714336, "volume": 18200, "typical_volume": 13905.0, "trend": 20.397247, "fair_value": 16.918544, "relative_strength": -1.531494, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.527808, "energy": 52.597416, "activity_lines": [ 21.682217, 21.658374, 21.358785, 20.967388 ] }, { "date": "2025-11-28", "close": 22.508001, "volume": 16400, "typical_volume": 13795.0, "trend": 20.529885, "fair_value": 16.95556, "relative_strength": -1.874057, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.774291, "energy": 64.385051, "activity_lines": [ 21.953649, 21.820706, 21.503388, 21.103565 ] }, { "date": "2025-12-05", "close": 22.508001, "volume": 7400, "typical_volume": 12800.0, "trend": 20.655928, "fair_value": 16.992089, "relative_strength": -1.615889, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.8407, "energy": 68.081862, "activity_lines": [ 22.178545, 21.961939, 21.634922, 21.231186 ] }, { "date": "2025-12-12", "close": 22.632038, "volume": 5000, "typical_volume": 11935.0, "trend": 20.771414, "fair_value": 17.028952, "relative_strength": -1.715021, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.596735, "energy": 80.5581, "activity_lines": [ 22.3944, 22.105554, 21.766248, 21.358677 ] }, { "date": "2025-12-19", "close": 22.832405, "volume": 8100, "typical_volume": 11425.0, "trend": 20.899876, "fair_value": 17.066636, "relative_strength": -1.521502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.765578, "energy": 90.017738, "activity_lines": [ 22.596301, 22.271849, 21.904611, 21.491644 ] }, { "date": "2025-12-26", "close": 22.937363, "volume": 2900, "typical_volume": 11325.0, "trend": 21.023814, "fair_value": 17.104512, "relative_strength": -1.784371, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.269862, "energy": 89.10365, "activity_lines": [ 22.762437, 22.431979, 22.038558, 21.623095 ] }, { "date": "2026-01-02", "close": 22.87804, "volume": 5700, "typical_volume": 11290.0, "trend": 21.140331, "fair_value": 17.141522, "relative_strength": -1.644081, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.908643, "energy": 85.128746, "activity_lines": [ 22.827263, 22.557326, 22.153879, 21.742722 ] }, { "date": "2026-01-09", "close": 23.320406, "volume": 13700, "typical_volume": 11375.0, "trend": 21.271593, "fair_value": 17.197081, "relative_strength": -1.941225, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.390426, "energy": 89.875763, "activity_lines": [ 23.014875, 22.743683, 22.29903, 21.883372 ] }, { "date": "2026-01-16", "close": 23.551207, "volume": 7900, "typical_volume": 10625.0, "trend": 21.410851, "fair_value": 17.25421, "relative_strength": -2.204364, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.305495, "energy": 92.548628, "activity_lines": [ 23.225261, 22.943491, 22.453165, 22.030444 ] }, { "date": "2026-01-23", "close": 23.315599, "volume": 16900, "typical_volume": 11015.0, "trend": 21.536508, "fair_value": 17.308316, "relative_strength": -3.410659, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.422269, "energy": 81.411476, "activity_lines": [ 23.295832, 23.061729, 22.571462, 22.153331 ] }, { "date": "2026-01-30", "close": 22.679398, "volume": 39800, "typical_volume": 12445.0, "trend": 21.631865, "fair_value": 17.357973, "relative_strength": -2.380477, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.027695, "energy": 61.723274, "activity_lines": [ 23.122124, 23.036212, 22.618223, 22.227066 ] }, { "date": "2026-02-06", "close": 22.999235, "volume": 107000, "typical_volume": 16950.0, "trend": 21.739715, "fair_value": 17.410513, "relative_strength": -2.604276, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.516845, "energy": 54.214564, "activity_lines": [ 23.072226, 23.051301, 22.688082, 22.315283 ] }, { "date": "2026-02-13", "close": 23.251228, "volume": 18000, "typical_volume": 17350.0, "trend": 21.848641, "fair_value": 17.464622, "relative_strength": -3.231458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.467872, "energy": 45.866866, "activity_lines": [ 23.098245, 23.103275, 22.774076, 22.4128 ] }, { "date": "2026-02-20", "close": 23.764906, "volume": 20600, "typical_volume": 17975.0, "trend": 21.970723, "fair_value": 17.523226, "relative_strength": -3.17486, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.169002, "energy": 56.840525, "activity_lines": [ 23.300103, 23.235132, 22.90017, 22.53643 ] }, { "date": "2026-02-27", "close": 24.013693, "volume": 31800, "typical_volume": 18675.0, "trend": 22.110982, "fair_value": 17.581887, "relative_strength": -3.547059, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.264555, "energy": 73.051081, "activity_lines": [ 23.570643, 23.391626, 23.040961, 22.668235 ] }, { "date": "2026-03-06", "close": 23.330097, "volume": 40600, "typical_volume": 20075.0, "trend": 22.214911, "fair_value": 17.639662, "relative_strength": -2.643732, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.550961, "energy": 59.95117, "activity_lines": [ 23.566778, 23.402351, 23.104411, 22.746888 ] }, { "date": "2026-03-13", "close": 23.046896, "volume": 18200, "typical_volume": 20615.0, "trend": 22.306631, "fair_value": 17.697392, "relative_strength": -2.147317, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.744112, "energy": 49.768301, "activity_lines": [ 23.425132, 23.354445, 23.132734, 22.800564 ] }, { "date": "2026-03-20", "close": 22.314474, "volume": 38500, "typical_volume": 21975.0, "trend": 22.364088, "fair_value": 17.749821, "relative_strength": -1.485102, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 16.950374, "energy": 13.64484, "activity_lines": [ 23.036169, 23.170301, 23.085412, 22.80107 ] }, { "date": "2026-03-27", "close": 22.734396, "volume": 42900, "typical_volume": 23480.0, "trend": 22.430648, "fair_value": 17.802974, "relative_strength": -1.551336, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 18.828532, "energy": 20.665351, "activity_lines": [ 22.84963, 23.080796, 23.075405, 22.824961 ] }, { "date": "2026-04-03", "close": 23.23461, "volume": 10300, "typical_volume": 23495.0, "trend": 22.50457, "fair_value": 17.857924, "relative_strength": -2.759247, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.443613, "energy": 19.30794, "activity_lines": [ 22.89853, 23.09709, 23.106783, 22.876829 ] }, { "date": "2026-04-10", "close": 23.677641, "volume": 8400, "typical_volume": 23005.0, "trend": 22.58938, "fair_value": 17.913833, "relative_strength": -2.53565, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.983865, "energy": 21.994202, "activity_lines": [ 23.147045, 23.195408, 23.173385, 22.952511 ] }, { "date": "2026-04-17", "close": 24.13052, "volume": 15800, "typical_volume": 22975.0, "trend": 22.682146, "fair_value": 17.972223, "relative_strength": -2.457811, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 69.07808, "energy": 44.021422, "activity_lines": [ 23.523351, 23.357917, 23.27377, 23.05194 ] }, { "date": "2026-04-24", "close": 23.894236, "volume": 18700, "typical_volume": 23540.0, "trend": 22.76533, "fair_value": 18.028995, "relative_strength": -2.060665, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 61.092812, "energy": 63.256613, "activity_lines": [ 23.748653, 23.456897, 23.343925, 23.130139 ] }, { "date": "2026-05-01", "close": 23.753256, "volume": 11000, "typical_volume": 23840.0, "trend": 22.827916, "fair_value": 18.085573, "relative_strength": -2.498917, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.007494, "energy": 65.282461, "activity_lines": [ 23.821645, 23.518553, 23.394052, 23.193876 ] }, { "date": "2026-05-08", "close": 23.723711, "volume": 9200, "typical_volume": 23895.0, "trend": 22.903913, "fair_value": 18.142246, "relative_strength": -3.043597, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 58.04891, "energy": 61.291125, "activity_lines": [ 23.816865, 23.57505, 23.436026, 23.25167 ] }, { "date": "2026-05-15", "close": 23.595688, "volume": 32800, "typical_volume": 25390.0, "trend": 22.969852, "fair_value": 18.198715, "relative_strength": -2.764478, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.373248, "energy": 38.049719, "activity_lines": [ 23.736803, 23.613541, 23.461564, 23.2963 ] }, { "date": "2026-05-22", "close": 24.16687, "volume": 21700, "typical_volume": 26190.0, "trend": 23.048416, "fair_value": 18.261308, "relative_strength": -2.169283, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.148793, "energy": 40.552423, "activity_lines": [ 23.852599, 23.751055, 23.538364, 23.373527 ] }, { "date": "2026-05-29", "close": 24.165113, "volume": 12900, "typical_volume": 26150.0, "trend": 23.128846, "fair_value": 18.322895, "relative_strength": -2.911757, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.685429, "energy": 41.943999, "activity_lines": [ 23.965386, 23.867887, 23.608861, 23.445572 ] }, { "date": "2026-06-05", "close": 24.264355, "volume": 4200, "typical_volume": 25965.0, "trend": 23.223628, "fair_value": 18.385596, "relative_strength": -1.430752, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.486334, "energy": 53.488134, "activity_lines": [ 24.093195, 23.969114, 23.684786, 23.518831 ] }, { "date": "2026-06-12", "close": 24.591848, "volume": 700, "typical_volume": 25155.0, "trend": 23.317652, "fair_value": 18.449728, "relative_strength": -1.527217, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.295275, "energy": 73.955666, "activity_lines": [ 24.296095, 24.102068, 23.788505, 23.607103 ] }, { "date": "2026-06-19", "close": 24.572001, "volume": 2500, "typical_volume": 23290.0, "trend": 23.412908, "fair_value": 18.516167, "relative_strength": -1.618589, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.511944, "energy": 81.795366, "activity_lines": [ 24.434504, 24.206737, 23.884257, 23.688029 ] }, { "date": "2026-06-26", "close": 24.417503, "volume": 2000, "typical_volume": 18040.0, "trend": 23.476558, "fair_value": 18.578598, "relative_strength": -2.178052, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.926783, "energy": 79.820144, "activity_lines": [ 24.456326, 24.267054, 23.956282, 23.752841 ] }, { "date": "2026-07-03", "close": 24.544771, "volume": 2700, "typical_volume": 17275.0, "trend": 23.54445, "fair_value": 18.642759, "relative_strength": -2.318376, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.004577, "energy": 81.762695, "activity_lines": [ 24.503861, 24.345293, 24.033674, 23.821758 ] }, { "date": "2026-07-10", "close": 24.703573, "volume": 13200, "typical_volume": 16905.0, "trend": 23.613501, "fair_value": 18.70635, "relative_strength": -1.764034, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.073041, "energy": 84.045362, "activity_lines": [ 24.579021, 24.440577, 24.120031, 23.89654 ] }, { "date": "2026-07-17", "close": 24.763124, "volume": 29900, "typical_volume": 16810.0, "trend": 23.677859, "fair_value": 18.769551, "relative_strength": -1.333302, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.129933, "energy": 80.785248, "activity_lines": [ 24.644749, 24.529409, 24.207589, 23.97071 ] }, { "date": "2026-07-24", "close": 24.604322, "volume": 10400, "typical_volume": 15300.0, "trend": 23.733424, "fair_value": 18.831303, "relative_strength": -2.163778, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.259139, "energy": 66.57559, "activity_lines": [ 24.646125, 24.570471, 24.276455, 24.030481 ] }, { "date": "2026-07-31", "close": 24.84, "volume": 8000, "typical_volume": 14790.0, "trend": 23.798823, "fair_value": 18.896168, "relative_strength": -0.75093, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 73.582621, "energy": 69.230487, "activity_lines": [ 24.723905, 24.636044, 24.361698, 24.101873 ] }, { "date": "2026-08-07", "close": 25.280001, "volume": 17500, "typical_volume": 13740.0, "trend": 23.864142, "fair_value": 18.963222, "relative_strength": -2.111689, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.10186, "energy": 78.677779, "activity_lines": [ 24.920186, 24.769378, 24.480307, 24.197433 ] } ], "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." } } }