{ "ticker": { "uuid": "9b7c6708-7399-4bec-b3ad-921d3075efdd", "symbol": "MDV", "name": "Modiv Inc", "exchange": "NYSE", "country": "US", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "deceleration", "architecture_regime_label": "Deceleration", "architecture_modifier": "Recompressing", "architecture_gate": "up", "architecture_direction": 61.951, "architecture_energy": 39.464, "architecture_maturity": 57.743, "architecture_confidence": 61.963, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The upward structure remains, but its energy is decelerating.", "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down." }, "scores": { "balance": 28.7, "rotation_up": 39.59, "upward_expansion": 69.26, "deceleration": 73.92, "rotation_down": 28.05, "downward_expansion": 9.59 }, "activity_lines": [ 17.79084, 17.787599, 17.609162, 17.013794 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 18.13, "trend_reference": 16.249571, "distance_from_trend": 0.115722, "trend_direction": "Improving", "fair_value": 13.758661, "distance_from_fair_value": 0.317715, "fair_value_direction": "Weakening", "relative_strength": 5.927284, "relative_strength_direction": "Weakening", "price_momentum": 0.21511, "excess_performance": 0.089485, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.115722, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.083423, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.317715, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.036435, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.059273, "read": "Leading" }, { "label": "Relative strength direction", "positive": false, "value": -0.054133, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.21511, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.090181, "read": "Demand-led" } ], "volume": { "latest": 245970, "relative_activity": 0.695039, "balance": 1.090181, "dry_up": 0.74553, "accumulation_observations": 1, "distribution_observations": 2 }, "risk": { "range_context": 0.045942, "annualized_volatility": 0.245517, "from_high_reference": -0.038007, "from_low_reference": 0.358777 }, "levels": { "trend_reference": 16.249571, "fair_value_reference": 13.758661, "structural_low": 13.544437, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 10, "median_return": 0.045782, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.01054, "regime_survival": 0.4, "best_return": 0.150329, "worst_return": -0.108081, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.051411, "positive_rate": 0.8, "directional_follow_through": 0.8, "median_excess_return": -0.021305, "regime_survival": 0.2, "best_return": 0.258325, "worst_return": -0.031917, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.228997, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.082546, "regime_survival": 0.0, "best_return": 0.278171, "worst_return": -0.069356, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 2, "median_return": 0.160178, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.057648, "regime_survival": 0.0, "best_return": 0.314629, "worst_return": 0.005727, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-02", "end": "2024-08-30", "tenure": "Developing", "return": 0.12472, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-06", "end": "2024-11-22", "tenure": "Developing", "return": 0.031515, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-11-29", "end": "2025-01-03", "tenure": "Developing", "return": -0.065179, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-01-10", "end": "2025-02-14", "tenure": "Developing", "return": 0.032436, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-02-21", "end": "2025-02-28", "tenure": "New", "return": 0.052062, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-07", "end": "2025-06-06", "tenure": "Established", "return": -0.105089, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-13", "end": "2025-07-04", "tenure": "New", "return": 0.037589, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-11", "end": "2025-08-22", "tenure": "Developing", "return": 0.052028, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-29", "end": "2025-09-26", "tenure": "Developing", "return": -0.021754, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-03", "end": "2025-12-12", "tenure": "Developing", "return": 0.016764, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-20", "tenure": "Established", "return": -0.022212, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-27", "end": "2026-04-17", "tenure": "New", "return": 0.139631, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-07-10", "tenure": "Developing", "return": 0.100794, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-07-17", "end": "2026-08-07", "tenure": "New", "return": -0.012206, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 9.473464, "volume": 51552, "typical_volume": 65456.75, "trend": 9.251487, "fair_value": 10.300415, "relative_strength": -3.2957, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.192737, "energy": 17.925154, "activity_lines": [ 9.509442, 9.834847, 9.925461, 9.592438 ] }, { "date": "2023-08-25", "close": 9.041837, "volume": 56768, "typical_volume": 65325.15, "trend": 9.229836, "fair_value": 10.284877, "relative_strength": -8.039699, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.582743, "energy": 19.017991, "activity_lines": [ 9.300317, 9.656693, 9.870147, 9.578912 ] }, { "date": "2023-09-01", "close": 9.559384, "volume": 72565, "typical_volume": 66145.25, "trend": 9.252516, "fair_value": 10.276029, "relative_strength": -4.716697, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 4.371763, "energy": 16.32568, "activity_lines": [ 9.358725, 9.596094, 9.857224, 9.600173 ] }, { "date": "2023-09-08", "close": 11.163861, "volume": 204914, "typical_volume": 73154.75, "trend": 9.318734, "fair_value": 10.286726, "relative_strength": 12.775621, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.476459, "energy": 22.327508, "activity_lines": [ 9.952679, 9.826987, 9.987746, 9.723486 ] }, { "date": "2023-09-15", "close": 10.346628, "volume": 159037, "typical_volume": 78080.6, "trend": 9.385177, "fair_value": 10.287439, "relative_strength": 5.32204, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.252738, "energy": 22.702628, "activity_lines": [ 10.174925, 9.90777, 10.025875, 9.789801 ] }, { "date": "2023-09-22", "close": 11.163861, "volume": 92705, "typical_volume": 74577.05, "trend": 9.464418, "fair_value": 10.29775, "relative_strength": 17.340964, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 62.33313, "energy": 42.311401, "activity_lines": [ 10.590534, 10.143227, 10.130742, 9.904555 ] }, { "date": "2023-09-29", "close": 12.583712, "volume": 329569, "typical_volume": 87497.0, "trend": 9.593449, "fair_value": 10.324331, "relative_strength": 33.074651, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.714004, "energy": 71.4315, "activity_lines": [ 11.366733, 10.619872, 10.361053, 10.1058 ] }, { "date": "2023-10-06", "close": 11.498, "volume": 82758, "typical_volume": 86298.45, "trend": 9.708243, "fair_value": 10.337822, "relative_strength": 20.746716, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.630795, "energy": 66.369483, "activity_lines": [ 11.544903, 10.860631, 10.473782, 10.228674 ] }, { "date": "2023-10-13", "close": 11.445222, "volume": 38510, "typical_volume": 84489.35, "trend": 9.823427, "fair_value": 10.350406, "relative_strength": 19.071284, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.796126, "energy": 64.872932, "activity_lines": [ 11.57624, 11.056744, 10.575458, 10.340737 ] }, { "date": "2023-10-20", "close": 11.271809, "volume": 42318, "typical_volume": 83747.3, "trend": 9.940227, "fair_value": 10.360759, "relative_strength": 19.29548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.094785, "energy": 52.391789, "activity_lines": [ 11.531015, 11.189129, 10.657586, 10.434181 ] }, { "date": "2023-10-27", "close": 11.467841, "volume": 56900, "typical_volume": 84003.55, "trend": 10.066495, "fair_value": 10.373059, "relative_strength": 23.59225, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 52.976201, "energy": 35.629899, "activity_lines": [ 11.489455, 11.318777, 10.756528, 10.532737 ] }, { "date": "2023-11-03", "close": 11.83527, "volume": 46735, "typical_volume": 83165.1, "trend": 10.2079, "fair_value": 10.389128, "relative_strength": 19.64259, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.880291, "energy": 35.636416, "activity_lines": [ 11.550106, 11.478969, 10.884844, 10.646851 ] }, { "date": "2023-11-10", "close": 11.235919, "volume": 56029, "typical_volume": 83398.0, "trend": 10.329327, "fair_value": 10.398332, "relative_strength": 11.401419, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.768649, "energy": 25.990334, "activity_lines": [ 11.460869, 11.479398, 10.94892, 10.713175 ] }, { "date": "2023-11-17", "close": 11.516628, "volume": 89404, "typical_volume": 85202.65, "trend": 10.443013, "fair_value": 10.410357, "relative_strength": 10.961801, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.335181, "energy": 25.024264, "activity_lines": [ 11.482674, 11.500383, 11.031687, 10.789775 ] }, { "date": "2023-11-24", "close": 12.100805, "volume": 122745, "typical_volume": 89646.0, "trend": 10.579142, "fair_value": 10.42834, "relative_strength": 14.949072, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.007115, "energy": 33.595786, "activity_lines": [ 11.694445, 11.621167, 11.168011, 10.89673 ] }, { "date": "2023-12-01", "close": 11.66389, "volume": 98219, "typical_volume": 92320.8, "trend": 10.664267, "fair_value": 10.441346, "relative_strength": 9.809451, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.088601, "energy": 28.630639, "activity_lines": [ 11.705311, 11.630619, 11.255964, 10.966713 ] }, { "date": "2023-12-08", "close": 11.64099, "volume": 91549, "typical_volume": 94443.9, "trend": 10.732109, "fair_value": 10.453842, "relative_strength": 9.221396, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 50.223413, "energy": 29.638117, "activity_lines": [ 11.695473, 11.626815, 11.334912, 11.029728 ] }, { "date": "2023-12-15", "close": 11.434887, "volume": 99288, "typical_volume": 94819.95, "trend": 10.772189, "fair_value": 10.463956, "relative_strength": 4.728065, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 47.639305, "energy": 27.34008, "activity_lines": [ 11.629887, 11.602679, 11.388641, 11.075068 ] }, { "date": "2023-12-22", "close": 11.366186, "volume": 105153, "typical_volume": 97419.3, "trend": 10.790786, "fair_value": 10.473163, "relative_strength": 3.043453, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.168294, "energy": 17.97207, "activity_lines": [ 11.528136, 11.567199, 11.426948, 11.113391 ] }, { "date": "2023-12-29", "close": 11.44827, "volume": 72685, "typical_volume": 98470.15, "trend": 10.809655, "fair_value": 10.483012, "relative_strength": 3.286022, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.881715, "energy": 16.451139, "activity_lines": [ 11.463775, 11.54808, 11.465016, 11.155809 ] }, { "date": "2024-01-05", "close": 11.49437, "volume": 63225, "typical_volume": 99053.8, "trend": 10.849873, "fair_value": 10.493126, "relative_strength": 5.029383, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.584979, "energy": 14.747652, "activity_lines": [ 11.458283, 11.534135, 11.496582, 11.199984 ] }, { "date": "2024-01-12", "close": 11.85549, "volume": 109588, "typical_volume": 101694.8, "trend": 10.900661, "fair_value": 10.506614, "relative_strength": 6.015894, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 42.891129, "energy": 21.977995, "activity_lines": [ 11.584467, 11.585366, 11.552918, 11.264863 ] }, { "date": "2024-01-19", "close": 11.607969, "volume": 85893, "typical_volume": 102361.2, "trend": 10.96937, "fair_value": 10.517412, "relative_strength": 2.341463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 43.289226, "energy": 23.227676, "activity_lines": [ 11.613843, 11.591225, 11.572281, 11.310495 ] }, { "date": "2024-01-26", "close": 12.49833, "volume": 153241, "typical_volume": 99777.55, "trend": 11.016641, "fair_value": 10.536644, "relative_strength": 8.94183, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.78029, "energy": 44.208505, "activity_lines": [ 11.928467, 11.752203, 11.666686, 11.409138 ] }, { "date": "2024-02-02", "close": 12.351552, "volume": 95347, "typical_volume": 96593.05, "trend": 11.072316, "fair_value": 10.554095, "relative_strength": 5.880828, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.86856, "energy": 53.44883, "activity_lines": [ 12.118689, 11.868646, 11.740757, 11.495261 ] }, { "date": "2024-02-09", "close": 12.510657, "volume": 87003, "typical_volume": 96307.95, "trend": 11.148314, "fair_value": 10.572729, "relative_strength": 5.596042, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.123766, "energy": 61.461636, "activity_lines": [ 12.301727, 12.009457, 11.820434, 11.588057 ] }, { "date": "2024-02-16", "close": 12.108708, "volume": 164537, "typical_volume": 88056.35, "trend": 11.203035, "fair_value": 10.58722, "relative_strength": 2.264978, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.603444, "energy": 58.456501, "activity_lines": [ 12.28303, 12.061791, 11.855417, 11.650018 ] }, { "date": "2024-02-23", "close": 12.217569, "volume": 86480, "typical_volume": 88242.45, "trend": 11.29128, "fair_value": 10.602456, "relative_strength": 1.362327, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 54.751672, "energy": 46.344441, "activity_lines": [ 12.283739, 12.125415, 11.903029, 11.715472 ] }, { "date": "2024-03-01", "close": 12.970594, "volume": 122406, "typical_volume": 92437.25, "trend": 11.401154, "fair_value": 10.624384, "relative_strength": 6.267436, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.470948, "energy": 53.838443, "activity_lines": [ 12.494816, 12.311721, 12.018932, 11.823815 ] }, { "date": "2024-03-08", "close": 12.405922, "volume": 184963, "typical_volume": 99569.5, "trend": 11.509321, "fair_value": 10.640728, "relative_strength": 1.614838, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.966931, "energy": 36.221458, "activity_lines": [ 12.486184, 12.366188, 12.073792, 11.888639 ] }, { "date": "2024-03-15", "close": 13.459414, "volume": 163864, "typical_volume": 104917.7, "trend": 11.642186, "fair_value": 10.666352, "relative_strength": 9.812024, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.682841, "energy": 53.886437, "activity_lines": [ 12.825092, 12.594788, 12.223585, 12.014451 ] }, { "date": "2024-03-22", "close": 13.535265, "volume": 213535, "typical_volume": 113257.7, "trend": 11.791967, "fair_value": 10.692199, "relative_strength": 7.499076, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.25103, "energy": 64.241349, "activity_lines": [ 13.126034, 12.80145, 12.371118, 12.136585 ] }, { "date": "2024-03-29", "close": 14.229344, "volume": 131606, "typical_volume": 117036.55, "trend": 11.947632, "fair_value": 10.72378, "relative_strength": 11.881933, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.604631, "energy": 71.838003, "activity_lines": [ 13.563231, 13.103768, 12.576658, 12.293835 ] }, { "date": "2024-04-05", "close": 12.864887, "volume": 137037, "typical_volume": 119418.2, "trend": 12.004333, "fair_value": 10.742728, "relative_strength": 1.577767, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.685007, "energy": 55.806557, "activity_lines": [ 13.41149, 13.110341, 12.637996, 12.353013 ] }, { "date": "2024-04-12", "close": 13.212357, "volume": 126345, "typical_volume": 119598.2, "trend": 12.099857, "fair_value": 10.764391, "relative_strength": 5.273714, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.214279, "energy": 41.085371, "activity_lines": [ 13.382621, 13.173426, 12.726005, 12.43095 ] }, { "date": "2024-04-19", "close": 12.62759, "volume": 111524, "typical_volume": 120263.45, "trend": 12.148648, "fair_value": 10.780593, "relative_strength": 3.353517, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 42.173217, "energy": 27.398918, "activity_lines": [ 13.105066, 13.114538, 12.75303, 12.464997 ] }, { "date": "2024-04-26", "close": 12.712339, "volume": 131895, "typical_volume": 122280.75, "trend": 12.152936, "fair_value": 10.797246, "relative_strength": 0.936222, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.725302, "energy": 19.465583, "activity_lines": [ 12.911216, 13.068933, 12.783537, 12.501365 ] }, { "date": "2024-05-03", "close": 12.555114, "volume": 130874, "typical_volume": 123860.05, "trend": 12.188173, "fair_value": 10.812271, "relative_strength": -1.068444, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 30.008635, "energy": 18.426804, "activity_lines": [ 12.71982, 12.983767, 12.793968, 12.527312 ] }, { "date": "2024-05-10", "close": 13.075401, "volume": 182549, "typical_volume": 127729.85, "trend": 12.242512, "fair_value": 10.83145, "relative_strength": 1.030495, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 32.022651, "energy": 18.398787, "activity_lines": [ 12.813468, 12.987061, 12.848616, 12.584552 ] }, { "date": "2024-05-17", "close": 13.655393, "volume": 103580, "typical_volume": 129274.6, "trend": 12.321965, "fair_value": 10.85518, "relative_strength": 3.716463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.986594, "energy": 23.776135, "activity_lines": [ 13.086412, 13.093903, 12.950362, 12.675706 ] }, { "date": "2024-05-24", "close": 13.280104, "volume": 82475, "typical_volume": 130237.1, "trend": 12.382374, "fair_value": 10.875388, "relative_strength": 0.947909, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.629114, "energy": 27.413305, "activity_lines": [ 13.204724, 13.109793, 13.005857, 12.737521 ] }, { "date": "2024-05-31", "close": 13.020668, "volume": 64897, "typical_volume": 128002.55, "trend": 12.421887, "fair_value": 10.893118, "relative_strength": -0.550166, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 48.01368, "energy": 28.476811, "activity_lines": [ 13.193057, 13.081773, 13.028139, 12.778701 ] }, { "date": "2024-06-07", "close": 12.909087, "volume": 89152, "typical_volume": 128165.5, "trend": 12.477659, "fair_value": 10.909642, "relative_strength": -2.620433, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.235584, "energy": 25.623604, "activity_lines": [ 13.12364, 13.042821, 13.034247, 12.810134 ] }, { "date": "2024-06-14", "close": 12.625843, "volume": 99100, "typical_volume": 125458.45, "trend": 12.514633, "fair_value": 10.923595, "relative_strength": -6.259463, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.818454, "energy": 8.080648, "activity_lines": [ 12.936211, 12.976376, 13.007183, 12.819694 ] }, { "date": "2024-06-21", "close": 11.844774, "volume": 155538, "typical_volume": 128468.0, "trend": 12.506099, "fair_value": 10.931024, "relative_strength": -12.580081, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.182658, "energy": 15.601664, "activity_lines": [ 12.518396, 12.772264, 12.905124, 12.776477 ] }, { "date": "2024-06-28", "close": 12.218855, "volume": 149806, "typical_volume": 131608.15, "trend": 12.524598, "fair_value": 10.941326, "relative_strength": -9.568779, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -18.100477, "energy": 30.425081, "activity_lines": [ 12.345983, 12.661032, 12.841105, 12.757945 ] }, { "date": "2024-07-05", "close": 12.201572, "volume": 53051, "typical_volume": 126033.85, "trend": 12.543284, "fair_value": 10.951328, "relative_strength": -11.20756, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.72072, "energy": 42.925082, "activity_lines": [ 12.238558, 12.554089, 12.77683, 12.737105 ] }, { "date": "2024-07-12", "close": 12.521301, "volume": 91342, "typical_volume": 126276.95, "trend": 12.579498, "fair_value": 10.96369, "relative_strength": -9.700091, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -19.385158, "energy": 39.868454, "activity_lines": [ 12.292317, 12.514565, 12.742563, 12.735687 ] }, { "date": "2024-07-19", "close": 12.400323, "volume": 94037, "typical_volume": 124858.5, "trend": 12.613969, "fair_value": 10.974914, "relative_strength": -8.717891, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -25.385977, "energy": 25.911631, "activity_lines": [ 12.331601, 12.45366, 12.695328, 12.724127 ] }, { "date": "2024-07-26", "close": 12.780542, "volume": 80264, "typical_volume": 119623.55, "trend": 12.658378, "fair_value": 10.988911, "relative_strength": -5.29724, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -7.288049, "energy": 7.759925, "activity_lines": [ 12.51266, 12.47416, 12.68702, 12.734874 ] }, { "date": "2024-08-02", "close": 12.941124, "volume": 107199, "typical_volume": 116790.3, "trend": 12.706603, "fair_value": 11.003928, "relative_strength": -2.207375, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 5.223818, "energy": 8.116177, "activity_lines": [ 12.684862, 12.539763, 12.692221, 12.753115 ] }, { "date": "2024-08-09", "close": 12.732396, "volume": 98975, "typical_volume": 111062.3, "trend": 12.735833, "fair_value": 11.017123, "relative_strength": -4.027107, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 2.094761, "energy": 7.572609, "activity_lines": [ 12.739337, 12.573579, 12.680012, 12.754779 ] }, { "date": "2024-08-16", "close": 12.454092, "volume": 99893, "typical_volume": 109476.65, "trend": 12.764037, "fair_value": 11.028009, "relative_strength": -9.767541, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.134472, "energy": 16.4647, "activity_lines": [ 12.665655, 12.562036, 12.645121, 12.736603 ] }, { "date": "2024-08-23", "close": 13.958672, "volume": 145151, "typical_volume": 109882.35, "trend": 12.812715, "fair_value": 11.050044, "relative_strength": -0.579954, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 41.61529, "energy": 31.160469, "activity_lines": [ 13.09798, 12.832325, 12.761976, 12.813676 ] }, { "date": "2024-08-30", "close": 14.555137, "volume": 106985, "typical_volume": 108914.35, "trend": 12.886168, "fair_value": 11.076201, "relative_strength": 3.039231, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 78.523779, "energy": 67.850991, "activity_lines": [ 13.625238, 13.186829, 12.93043, 12.92609 ] }, { "date": "2024-09-06", "close": 14.074048, "volume": 94505, "typical_volume": 108063.4, "trend": 12.938281, "fair_value": 11.098407, "relative_strength": 3.882675, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.815171, "energy": 68.834134, "activity_lines": [ 13.873826, 13.404583, 13.046671, 13.002728 ] }, { "date": "2024-09-13", "close": 14.144025, "volume": 95977, "typical_volume": 106267.5, "trend": 13.006125, "fair_value": 11.120802, "relative_strength": 0.255474, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.359883, "energy": 72.761873, "activity_lines": [ 14.070211, 13.601329, 13.162688, 13.080517 ] }, { "date": "2024-09-20", "close": 13.995324, "volume": 257590, "typical_volume": 112603.3, "trend": 13.065384, "fair_value": 11.141784, "relative_strength": -2.064175, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.664947, "energy": 69.555356, "activity_lines": [ 14.122921, 13.735721, 13.257727, 13.144337 ] }, { "date": "2024-09-27", "close": 14.896273, "volume": 254355, "typical_volume": 116193.6, "trend": 13.129573, "fair_value": 11.16899, "relative_strength": 3.952745, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.644171, "energy": 72.684596, "activity_lines": [ 14.373198, 14.007122, 13.431711, 13.262459 ] }, { "date": "2024-10-04", "close": 14.462223, "volume": 186423, "typical_volume": 120335.75, "trend": 13.198116, "fair_value": 11.192682, "relative_strength": 0.803957, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.613835, "energy": 58.03229, "activity_lines": [ 14.416285, 14.154224, 13.555687, 13.348436 ] }, { "date": "2024-10-11", "close": 14.145532, "volume": 152370, "typical_volume": 123830.5, "trend": 13.220987, "fair_value": 11.213774, "relative_strength": -2.340383, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.006707, "energy": 43.483051, "activity_lines": [ 14.360003, 14.213169, 13.64566, 13.40956 ] }, { "date": "2024-10-18", "close": 15.042823, "volume": 176735, "typical_volume": 129422.4, "trend": 13.271239, "fair_value": 11.240931, "relative_strength": 3.074841, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.746913, "energy": 50.943505, "activity_lines": [ 14.598052, 14.41336, 13.816967, 13.527097 ] }, { "date": "2024-10-25", "close": 15.623423, "volume": 210376, "typical_volume": 135483.6, "trend": 13.317708, "fair_value": 11.271793, "relative_strength": 8.189353, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.621221, "energy": 56.409133, "activity_lines": [ 14.969715, 14.677107, 14.033941, 13.678851 ] }, { "date": "2024-11-01", "close": 14.862617, "volume": 121942, "typical_volume": 136625.7, "trend": 13.384299, "fair_value": 11.296904, "relative_strength": 4.489188, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.343276, "energy": 48.164256, "activity_lines": [ 14.979236, 14.744902, 14.165532, 13.778523 ] }, { "date": "2024-11-08", "close": 14.82723, "volume": 210570, "typical_volume": 139377.3, "trend": 13.438128, "fair_value": 11.32142, "relative_strength": -0.40926, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.415327, "energy": 48.087509, "activity_lines": [ 14.979204, 14.789827, 14.283101, 13.871615 ] }, { "date": "2024-11-15", "close": 14.269882, "volume": 212400, "typical_volume": 142507.0, "trend": 13.492871, "fair_value": 11.341754, "relative_strength": -2.001217, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.728515, "energy": 35.833246, "activity_lines": [ 14.769057, 14.728469, 14.333387, 13.925277 ] }, { "date": "2024-11-22", "close": 14.517592, "volume": 259087, "typical_volume": 152808.8, "trend": 13.553046, "fair_value": 11.363506, "relative_strength": -1.739511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.123472, "energy": 23.363124, "activity_lines": [ 14.633189, 14.708588, 14.397498, 13.991388 ] }, { "date": "2024-11-29", "close": 14.257346, "volume": 115739, "typical_volume": 154028.65, "trend": 13.609787, "fair_value": 11.383192, "relative_strength": -4.473752, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 33.505505, "energy": 18.408166, "activity_lines": [ 14.445588, 14.634598, 14.425795, 14.036826 ] }, { "date": "2024-12-06", "close": 14.186148, "volume": 288412, "typical_volume": 163747.4, "trend": 13.646812, "fair_value": 11.402131, "relative_strength": -5.604881, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 28.328837, "energy": 19.027332, "activity_lines": [ 14.325326, 14.542898, 14.439044, 14.074011 ] }, { "date": "2024-12-13", "close": 14.114951, "volume": 103942, "typical_volume": 164931.3, "trend": 13.662131, "fair_value": 11.420338, "relative_strength": -5.428277, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 26.214719, "energy": 17.095099, "activity_lines": [ 14.22643, 14.451166, 14.437009, 14.104213 ] }, { "date": "2024-12-20", "close": 14.070452, "volume": 218032, "typical_volume": 170472.95, "trend": 13.688476, "fair_value": 11.438006, "relative_strength": -3.925523, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 12.040078, "energy": 12.578356, "activity_lines": [ 14.160186, 14.357656, 14.424381, 14.130557 ] }, { "date": "2024-12-27", "close": 13.305076, "volume": 176100, "typical_volume": 174329.2, "trend": 13.697956, "fair_value": 11.45037, "relative_strength": -9.59825, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -7.06639, "energy": 16.186318, "activity_lines": [ 13.852112, 14.126352, 14.333483, 14.105821 ] }, { "date": "2025-01-03", "close": 13.328064, "volume": 119649, "typical_volume": 175317.0, "trend": 13.711922, "fair_value": 11.462724, "relative_strength": -8.806315, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -25.118901, "energy": 34.17715, "activity_lines": [ 13.632535, 13.930824, 14.242047, 14.081957 ] }, { "date": "2025-01-10", "close": 12.942912, "volume": 120640, "typical_volume": 174091.45, "trend": 13.722491, "fair_value": 11.472398, "relative_strength": -9.489333, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -33.0059, "energy": 50.56309, "activity_lines": [ 13.346527, 13.707001, 14.109768, 14.032344 ] }, { "date": "2025-01-17", "close": 13.37285, "volume": 126598, "typical_volume": 175072.1, "trend": 13.773427, "fair_value": 11.484739, "relative_strength": -9.015766, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -23.203354, "energy": 49.04107, "activity_lines": [ 13.286713, 13.596253, 14.023272, 14.009786 ] }, { "date": "2025-01-24", "close": 13.005611, "volume": 132782, "typical_volume": 176985.95, "trend": 13.799652, "fair_value": 11.494551, "relative_strength": -12.714015, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.328826, "energy": 53.072979, "activity_lines": [ 13.15396, 13.445177, 13.907431, 13.96025 ] }, { "date": "2025-01-31", "close": 13.200427, "volume": 127571, "typical_volume": 178565.65, "trend": 13.832947, "fair_value": 11.505486, "relative_strength": -10.263787, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.929111, "energy": 45.061661, "activity_lines": [ 13.157134, 13.352509, 13.815232, 13.92159 ] }, { "date": "2025-02-07", "close": 14.165212, "volume": 216870, "typical_volume": 176529.65, "trend": 13.887744, "fair_value": 11.311001, "relative_strength": -3.407487, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -6.274575, "energy": 11.918454, "activity_lines": [ 13.488881, 13.459206, 13.819411, 13.943026 ] }, { "date": "2025-02-14", "close": 13.362727, "volume": 172853, "typical_volume": 172454.55, "trend": 13.919824, "fair_value": 11.311325, "relative_strength": -10.027455, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -40.237484, "energy": 22.4622, "activity_lines": [ 13.497322, 13.42167, 13.746353, 13.909154 ] }, { "date": "2025-02-21", "close": 13.119277, "volume": 120027, "typical_volume": 169134.75, "trend": 13.931116, "fair_value": 11.324371, "relative_strength": -10.052204, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.077038, "energy": 23.106774, "activity_lines": [ 13.396626, 13.354843, 13.657412, 13.857506 ] }, { "date": "2025-02-28", "close": 13.80229, "volume": 187627, "typical_volume": 170897.6, "trend": 13.959821, "fair_value": 11.339558, "relative_strength": -4.271317, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.984269, "energy": 18.104243, "activity_lines": [ 13.540506, 13.430303, 13.639915, 13.849195 ] }, { "date": "2025-03-07", "close": 14.537324, "volume": 259088, "typical_volume": 175015.25, "trend": 14.019985, "fair_value": 11.359457, "relative_strength": 3.966799, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -10.577552, "energy": 9.212311, "activity_lines": [ 13.876285, 13.644281, 13.694056, 13.886453 ] }, { "date": "2025-03-14", "close": 13.865812, "volume": 218299, "typical_volume": 175411.4, "trend": 14.067043, "fair_value": 11.372141, "relative_strength": 1.636713, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -15.293139, "energy": 11.962109, "activity_lines": [ 13.8991, 13.713761, 13.68665, 13.876506 ] }, { "date": "2025-03-21", "close": 14.138046, "volume": 189922, "typical_volume": 178810.4, "trend": 14.073022, "fair_value": 11.389188, "relative_strength": 3.207656, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.483784, "energy": 15.002092, "activity_lines": [ 14.03262, 13.822962, 13.713542, 13.881087 ] }, { "date": "2025-03-28", "close": 14.301387, "volume": 219040, "typical_volume": 179233.9, "trend": 14.064563, "fair_value": 11.406397, "relative_strength": 6.115412, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 15.363196, "energy": 19.472247, "activity_lines": [ 14.1689, 13.940131, 13.759439, 13.895821 ] }, { "date": "2025-04-04", "close": 13.767451, "volume": 283222, "typical_volume": 182775.0, "trend": 14.054344, "fair_value": 11.41439, "relative_strength": 12.150826, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -8.817016, "energy": 11.23983, "activity_lines": [ 14.048393, 13.943338, 13.75699, 13.876652 ] }, { "date": "2025-04-11", "close": 13.073601, "volume": 268963, "typical_volume": 183268.8, "trend": 14.018663, "fair_value": 11.418191, "relative_strength": 0.918524, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -38.46389, "energy": 15.745552, "activity_lines": [ 13.698925, 13.806539, 13.690852, 13.813378 ] }, { "date": "2025-04-18", "close": 13.968303, "volume": 142422, "typical_volume": 184602.95, "trend": 14.017762, "fair_value": 11.426918, "relative_strength": 9.305887, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -21.998606, "energy": 11.142265, "activity_lines": [ 13.745273, 13.834719, 13.7168, 13.810129 ] }, { "date": "2025-04-25", "close": 15.19167, "volume": 216892, "typical_volume": 181026.95, "trend": 14.027609, "fair_value": 11.446241, "relative_strength": 13.444885, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 27.724343, "energy": 14.134604, "activity_lines": [ 14.192577, 14.088909, 13.860636, 13.885865 ] }, { "date": "2025-05-02", "close": 15.08005, "volume": 230827, "typical_volume": 187371.2, "trend": 14.048203, "fair_value": 11.470757, "relative_strength": 9.258089, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.139002, "energy": 32.344734, "activity_lines": [ 14.532433, 14.289552, 13.989053, 13.953765 ] }, { "date": "2025-05-09", "close": 13.426939, "volume": 431626, "typical_volume": 198050.9, "trend": 14.02425, "fair_value": 11.487887, "relative_strength": -2.175904, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 8.617831, "energy": 21.231866, "activity_lines": [ 14.269341, 14.153978, 13.955435, 13.913683 ] }, { "date": "2025-05-16", "close": 13.463674, "volume": 222490, "typical_volume": 200370.4, "trend": 13.971611, "fair_value": 11.508893, "relative_strength": -6.582001, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 4.967309, "energy": 9.46717, "activity_lines": [ 14.041195, 14.031909, 13.92838, 13.877517 ] }, { "date": "2025-05-23", "close": 13.004477, "volume": 215715, "typical_volume": 205173.7, "trend": 13.884313, "fair_value": 11.511815, "relative_strength": -7.20022, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -43.490025, "energy": 22.503645, "activity_lines": [ 13.633978, 13.845869, 13.856836, 13.815121 ] }, { "date": "2025-05-30", "close": 13.268515, "volume": 133318, "typical_volume": 205807.6, "trend": 13.831177, "fair_value": 11.5163, "relative_strength": -6.782972, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -42.173704, "energy": 31.136023, "activity_lines": [ 13.379029, 13.723497, 13.811981, 13.775392 ] }, { "date": "2025-06-06", "close": 13.009617, "volume": 192098, "typical_volume": 209082.6, "trend": 13.770589, "fair_value": 11.533157, "relative_strength": -9.890659, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -48.783539, "energy": 46.236548, "activity_lines": [ 13.165991, 13.569863, 13.740917, 13.722388 ] }, { "date": "2025-06-13", "close": 13.055849, "volume": 218662, "typical_volume": 213376.6, "trend": 13.730122, "fair_value": 11.545145, "relative_strength": -9.123895, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.443896, "energy": 53.710487, "activity_lines": [ 13.106392, 13.448121, 13.675987, 13.676276 ] }, { "date": "2025-06-20", "close": 13.490428, "volume": 205201, "typical_volume": 217258.1, "trend": 13.695883, "fair_value": 11.554152, "relative_strength": -5.998629, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.873648, "energy": 41.810711, "activity_lines": [ 13.216393, 13.418332, 13.652205, 13.660812 ] }, { "date": "2025-06-27", "close": 13.305501, "volume": 1474172, "typical_volume": 280123.2, "trend": 13.664155, "fair_value": 11.565532, "relative_strength": -10.319633, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.075806, "energy": 27.395591, "activity_lines": [ 13.262968, 13.347341, 13.609431, 13.635626 ] }, { "date": "2025-07-04", "close": 13.546604, "volume": 257982, "typical_volume": 284379.65, "trend": 13.642837, "fair_value": 11.582267, "relative_strength": -10.173807, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.063108, "energy": 18.141782, "activity_lines": [ 13.369842, 13.332237, 13.593712, 13.628042 ] }, { "date": "2025-07-11", "close": 13.676949, "volume": 217128, "typical_volume": 289234.7, "trend": 13.628237, "fair_value": 11.602822, "relative_strength": -9.008135, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -2.840474, "energy": 5.383641, "activity_lines": [ 13.501625, 13.370743, 13.589532, 13.630243 ] }, { "date": "2025-07-18", "close": 13.323155, "volume": 257221, "typical_volume": 292714.4, "trend": 13.603327, "fair_value": 11.623317, "relative_strength": -11.805893, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": -6.068789, "energy": 5.290731, "activity_lines": [ 13.470988, 13.370434, 13.549002, 13.61056 ] }, { "date": "2025-07-25", "close": 13.425569, "volume": 217208, "typical_volume": 290620.4, "trend": 13.607343, "fair_value": 11.644048, "relative_strength": -12.267161, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.777703, "energy": 14.125368, "activity_lines": [ 13.456668, 13.390633, 13.520507, 13.599092 ] }, { "date": "2025-08-01", "close": 13.451172, "volume": 189159, "typical_volume": 289163.4, "trend": 13.611447, "fair_value": 11.661458, "relative_strength": -9.712099, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.615434, "energy": 12.966433, "activity_lines": [ 13.455207, 13.416179, 13.499744, 13.589017 ] }, { "date": "2025-08-08", "close": 14.060459, "volume": 175586, "typical_volume": 288446.6, "trend": 13.648698, "fair_value": 11.682121, "relative_strength": -7.755453, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.06421, "energy": 5.346141, "activity_lines": [ 13.64713, 13.544383, 13.538983, 13.617985 ] }, { "date": "2025-08-15", "close": 13.863612, "volume": 284803, "typical_volume": 291734.75, "trend": 13.665057, "fair_value": 11.701435, "relative_strength": -9.844732, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 13.367745, "energy": 14.044424, "activity_lines": [ 13.73918, 13.622398, 13.559845, 13.631851 ] }, { "date": "2025-08-22", "close": 14.388536, "volume": 176856, "typical_volume": 286416.45, "trend": 13.711154, "fair_value": 11.728491, "relative_strength": -6.488352, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 30.658464, "energy": 41.745397, "activity_lines": [ 13.993761, 13.780327, 13.632783, 13.678527 ] }, { "date": "2025-08-29", "close": 14.311204, "volume": 154108, "typical_volume": 280673.7, "trend": 13.74818, "fair_value": 11.753431, "relative_strength": -6.655605, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 28.429931, "energy": 49.8273, "activity_lines": [ 14.151539, 13.899964, 13.695399, 13.717239 ] }, { "date": "2025-09-05", "close": 14.396109, "volume": 109559, "typical_volume": 279030.55, "trend": 13.755877, "fair_value": 11.779267, "relative_strength": -6.106004, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 65.160616, "energy": 65.151092, "activity_lines": [ 14.278577, 14.020116, 13.760208, 13.759041 ] }, { "date": "2025-09-12", "close": 14.018753, "volume": 124470, "typical_volume": 274409.45, "trend": 13.777744, "fair_value": 11.794442, "relative_strength": -9.676945, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 32.227227, "energy": 48.784289, "activity_lines": [ 14.216833, 14.051828, 13.787042, 13.776001 ] }, { "date": "2025-09-19", "close": 13.943282, "volume": 263368, "typical_volume": 276036.5, "trend": 13.805211, "fair_value": 11.817199, "relative_strength": -10.976058, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 26.869516, "energy": 23.72636, "activity_lines": [ 14.132713, 14.061233, 13.812272, 13.786681 ] }, { "date": "2025-09-26", "close": 13.999885, "volume": 143932, "typical_volume": 261651.8, "trend": 13.811798, "fair_value": 11.842539, "relative_strength": -9.977178, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 13.116837, "energy": 13.116227, "activity_lines": [ 14.062149, 14.076088, 13.848307, 13.79924 ] }, { "date": "2025-10-03", "close": 14.093122, "volume": 173520, "typical_volume": 259203.3, "trend": 13.796991, "fair_value": 11.877343, "relative_strength": -10.048081, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 36.374092, "energy": 17.551706, "activity_lines": [ 14.048574, 14.09559, 13.890493, 13.81739 ] }, { "date": "2025-10-10", "close": 13.475836, "volume": 220319, "typical_volume": 259433.5, "trend": 13.783992, "fair_value": 11.916439, "relative_strength": -11.560202, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.972086, "energy": 12.435434, "activity_lines": [ 13.843776, 13.990721, 13.870893, 13.796671 ] }, { "date": "2025-10-17", "close": 13.570803, "volume": 139972, "typical_volume": 259766.2, "trend": 13.765084, "fair_value": 11.95954, "relative_strength": -12.053928, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.451073, "energy": 10.298674, "activity_lines": [ 13.731985, 13.902671, 13.858093, 13.782917 ] }, { "date": "2025-10-24", "close": 13.988659, "volume": 149301, "typical_volume": 257626.35, "trend": 13.754659, "fair_value": 12.001147, "relative_strength": -10.574755, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 26.926833, "energy": 16.43496, "activity_lines": [ 13.789343, 13.899497, 13.883648, 13.797341 ] }, { "date": "2025-10-31", "close": 13.786853, "volume": 180586, "typical_volume": 255722.55, "trend": 13.755306, "fair_value": 12.045021, "relative_strength": -12.037526, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 12.66745, "energy": 12.765296, "activity_lines": [ 13.776407, 13.857358, 13.885323, 13.799418 ] }, { "date": "2025-11-07", "close": 13.815536, "volume": 118952, "typical_volume": 251410.1, "trend": 13.780037, "fair_value": 12.086988, "relative_strength": -10.059183, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 14.288785, "energy": 9.137354, "activity_lines": [ 13.787234, 13.831374, 13.886247, 13.803304 ] }, { "date": "2025-11-14", "close": 14.044998, "volume": 135728, "typical_volume": 184487.9, "trend": 13.782594, "fair_value": 12.130447, "relative_strength": -8.407142, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 34.7278, "energy": 16.352262, "activity_lines": [ 13.893054, 13.856122, 13.907478, 13.820398 ] }, { "date": "2025-11-21", "close": 14.025877, "volume": 164791, "typical_volume": 179828.35, "trend": 13.743734, "fair_value": 12.165744, "relative_strength": -6.474169, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 35.56409, "energy": 18.512926, "activity_lines": [ 13.954557, 13.883777, 13.923366, 13.836094 ] }, { "date": "2025-11-28", "close": 14.338997, "volume": 128330, "typical_volume": 175388.45, "trend": 13.719032, "fair_value": 12.194458, "relative_strength": -7.562787, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 58.629278, "energy": 39.453233, "activity_lines": [ 14.090094, 13.968234, 13.966792, 13.874498 ] }, { "date": "2025-12-05", "close": 14.011798, "volume": 153615, "typical_volume": 170208.15, "trend": 13.738528, "fair_value": 12.224525, "relative_strength": -9.731289, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 47.26567, "energy": 35.253718, "activity_lines": [ 14.093209, 13.986005, 13.975904, 13.893386 ] }, { "date": "2025-12-12", "close": 14.329373, "volume": 191943, "typical_volume": 168944.9, "trend": 13.767384, "fair_value": 12.258735, "relative_strength": -6.945658, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 56.299692, "energy": 43.759587, "activity_lines": [ 14.187187, 14.0613, 14.011982, 13.931505 ] }, { "date": "2025-12-19", "close": 14.223515, "volume": 210314, "typical_volume": 170002.65, "trend": 13.808019, "fair_value": 12.294905, "relative_strength": -7.494654, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 52.851305, "energy": 41.377718, "activity_lines": [ 14.211622, 14.113054, 14.033675, 13.960933 ] }, { "date": "2025-12-26", "close": 14.213891, "volume": 105814, "typical_volume": 166514.05, "trend": 13.839531, "fair_value": 12.331802, "relative_strength": -8.700954, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 49.788565, "energy": 29.743708, "activity_lines": [ 14.220948, 14.149463, 14.050773, 13.987118 ] }, { "date": "2026-01-02", "close": 13.961405, "volume": 137861, "typical_volume": 159166.95, "trend": 13.871258, "fair_value": 12.369889, "relative_strength": -9.204093, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 43.064758, "energy": 22.045971, "activity_lines": [ 14.133579, 14.128273, 14.043094, 13.994981 ] }, { "date": "2026-01-09", "close": 13.883896, "volume": 188843, "typical_volume": 159766.3, "trend": 13.898859, "fair_value": 12.405621, "relative_strength": -10.931787, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 23.711296, "energy": 10.333105, "activity_lines": [ 14.045545, 14.093486, 14.027568, 13.995796 ] }, { "date": "2026-01-16", "close": 14.261755, "volume": 151698, "typical_volume": 159645.8, "trend": 13.92457, "fair_value": 12.44357, "relative_strength": -8.029809, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 36.705137, "energy": 15.061838, "activity_lines": [ 14.091991, 14.125636, 14.050431, 14.019209 ] }, { "date": "2026-01-23", "close": 14.600859, "volume": 111930, "typical_volume": 159764.35, "trend": 13.967749, "fair_value": 12.475041, "relative_strength": -5.473916, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.524751, "energy": 26.331784, "activity_lines": [ 14.25598, 14.211328, 14.105826, 14.06284 ] }, { "date": "2026-01-30", "close": 14.939963, "volume": 200480, "typical_volume": 163564.85, "trend": 14.014194, "fair_value": 12.513894, "relative_strength": -3.611873, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.465103, "energy": 55.888202, "activity_lines": [ 14.507848, 14.34857, 14.192541, 14.125564 ] }, { "date": "2026-02-06", "close": 14.920459, "volume": 215461, "typical_volume": 161169.5, "trend": 14.055644, "fair_value": 12.550709, "relative_strength": -3.362858, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.9163, "energy": 65.63516, "activity_lines": [ 14.704809, 14.465645, 14.273012, 14.184032 ] }, { "date": "2026-02-13", "close": 14.559638, "volume": 164181, "typical_volume": 162181.95, "trend": 14.09686, "fair_value": 12.590493, "relative_strength": -4.405724, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.215848, "energy": 62.501938, "activity_lines": [ 14.717559, 14.506544, 14.314465, 14.216548 ] }, { "date": "2026-02-20", "close": 15.017979, "volume": 154410, "typical_volume": 161226.45, "trend": 14.149941, "fair_value": 12.630437, "relative_strength": -2.466213, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.791927, "energy": 68.012078, "activity_lines": [ 14.838041, 14.620818, 14.396905, 14.275975 ] }, { "date": "2026-02-27", "close": 15.222769, "volume": 379683, "typical_volume": 169194.65, "trend": 14.208994, "fair_value": 12.672168, "relative_strength": -0.528227, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.708694, "energy": 66.161675, "activity_lines": [ 14.97637, 14.759805, 14.494445, 14.34519 ] }, { "date": "2026-03-06", "close": 14.65351, "volume": 267222, "typical_volume": 175557.15, "trend": 14.228762, "fair_value": 12.714471, "relative_strength": -1.993524, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.451528, "energy": 38.913797, "activity_lines": [ 14.883487, 14.777123, 14.52945, 14.373868 ] }, { "date": "2026-03-13", "close": 14.270733, "volume": 280286, "typical_volume": 182106.4, "trend": 14.242333, "fair_value": 12.754734, "relative_strength": -2.815627, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 35.697524, "energy": 24.646964, "activity_lines": [ 14.682107, 14.716852, 14.522845, 14.376576 ] }, { "date": "2026-03-20", "close": 13.907585, "volume": 345056, "typical_volume": 190329.9, "trend": 14.226301, "fair_value": 12.794092, "relative_strength": -3.22487, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 11.532624, "energy": 11.123203, "activity_lines": [ 14.402994, 14.58493, 14.480311, 14.354979 ] }, { "date": "2026-03-27", "close": 13.858511, "volume": 416087, "typical_volume": 205186.65, "trend": 14.211212, "fair_value": 12.833699, "relative_strength": -1.005315, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -11.877254, "energy": 21.473303, "activity_lines": [ 14.150992, 14.443655, 14.432529, 14.331251 ] }, { "date": "2026-04-03", "close": 14.666889, "volume": 320800, "typical_volume": 214440.25, "trend": 14.220238, "fair_value": 12.879044, "relative_strength": 1.756685, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 17.098932, "energy": 20.061282, "activity_lines": [ 14.245748, 14.456689, 14.46153, 14.36065 ] }, { "date": "2026-04-10", "close": 14.953506, "volume": 298432, "typical_volume": 221122.3, "trend": 14.251396, "fair_value": 12.926226, "relative_strength": 0.379432, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.170334, "energy": 19.581031, "activity_lines": [ 14.473101, 14.520635, 14.514867, 14.407957 ] }, { "date": "2026-04-17", "close": 15.793591, "volume": 231648, "typical_volume": 226288.2, "trend": 14.313073, "fair_value": 12.975505, "relative_strength": 1.849305, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 70.368115, "energy": 52.06729, "activity_lines": [ 14.960484, 14.737078, 14.643795, 14.507454 ] }, { "date": "2026-04-24", "close": 15.941841, "volume": 145481, "typical_volume": 225881.5, "trend": 14.377805, "fair_value": 13.026306, "relative_strength": 2.7628, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.752411, "energy": 74.801956, "activity_lines": [ 15.395758, 14.964599, 14.779914, 14.612535 ] }, { "date": "2026-05-01", "close": 15.910445, "volume": 265794, "typical_volume": 229574.05, "trend": 14.438382, "fair_value": 13.069897, "relative_strength": 2.042102, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.401181, "energy": 79.289823, "activity_lines": [ 15.684951, 15.161282, 14.903854, 14.711415 ] }, { "date": "2026-05-08", "close": 17.769465, "volume": 1420719, "typical_volume": 290094.3, "trend": 14.581503, "fair_value": 13.122229, "relative_strength": 11.340573, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 94.72179, "energy": 94.066009, "activity_lines": [ 16.457021, 15.679741, 15.197314, 14.926324 ] }, { "date": "2026-05-15", "close": 17.759576, "volume": 400010, "typical_volume": 304804.1, "trend": 14.721129, "fair_value": 13.170479, "relative_strength": 10.936018, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 88.637623, "energy": 94.981073, "activity_lines": [ 17.018957, 16.150099, 15.472946, 15.131361 ] }, { "date": "2026-05-22", "close": 18.036452, "volume": 302374, "typical_volume": 313029.75, "trend": 14.856056, "fair_value": 13.216814, "relative_strength": 11.541774, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.276364, "energy": 94.16658, "activity_lines": [ 17.486113, 16.614324, 15.758063, 15.345253 ] }, { "date": "2026-05-29", "close": 18.056229, "volume": 310267, "typical_volume": 319100.95, "trend": 14.998368, "fair_value": 13.262801, "relative_strength": 9.956902, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.488349, "energy": 91.669212, "activity_lines": [ 17.810337, 17.013678, 16.025659, 15.551716 ] }, { "date": "2026-06-05", "close": 18.145714, "volume": 297327, "typical_volume": 326382.4, "trend": 15.142707, "fair_value": 13.313172, "relative_strength": 13.073548, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.366582, "energy": 89.284798, "activity_lines": [ 18.023431, 17.353871, 16.28191, 15.75477 ] }, { "date": "2026-06-12", "close": 18.245143, "volume": 205353, "typical_volume": 331053.55, "trend": 15.282712, "fair_value": 13.363898, "relative_strength": 12.802366, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.144733, "energy": 82.904466, "activity_lines": [ 18.120649, 17.634193, 16.529134, 15.954927 ] }, { "date": "2026-06-19", "close": 17.857371, "volume": 323276, "typical_volume": 337193.35, "trend": 15.410429, "fair_value": 13.417172, "relative_strength": 9.295789, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.112623, "energy": 65.596343, "activity_lines": [ 18.056899, 17.778952, 16.722074, 16.121034 ] }, { "date": "2026-06-26", "close": 17.438516, "volume": 469680, "typical_volume": 349904.3, "trend": 15.513746, "fair_value": 13.457931, "relative_strength": 9.134908, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.762424, "energy": 59.135701, "activity_lines": [ 17.84701, 17.794758, 16.861231, 16.251879 ] }, { "date": "2026-07-03", "close": 17.787302, "volume": 394885, "typical_volume": 361439.5, "trend": 15.639596, "fair_value": 13.503482, "relative_strength": 8.768684, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 51.306496, "energy": 49.227711, "activity_lines": [ 17.793246, 17.844072, 17.021615, 16.39856 ] }, { "date": "2026-07-10", "close": 17.54868, "volume": 220390, "typical_volume": 364738.5, "trend": 15.746906, "fair_value": 13.550392, "relative_strength": 5.764747, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 46.638716, "energy": 39.968316, "activity_lines": [ 17.677869, 17.816447, 17.143903, 16.521726 ] }, { "date": "2026-07-17", "close": 18.35403, "volume": 319117, "typical_volume": 361710.2, "trend": 15.88459, "fair_value": 13.600949, "relative_strength": 12.037274, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.638316, "energy": 44.252839, "activity_lines": [ 17.870745, 17.905462, 17.33084, 16.689928 ] }, { "date": "2026-07-24", "close": 17.558622, "volume": 280965, "typical_volume": 362397.35, "trend": 15.996081, "fair_value": 13.652157, "relative_strength": 7.583755, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 44.113455, "energy": 36.082025, "activity_lines": [ 17.791226, 17.839229, 17.427113, 16.79793 ] }, { "date": "2026-07-31", "close": 17.32, "volume": 209302, "typical_volume": 358848.15, "trend": 16.108034, "fair_value": 13.701167, "relative_strength": 4.851373, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.420628, "energy": 29.199187, "activity_lines": [ 17.652083, 17.733265, 17.486826, 16.883344 ] }, { "date": "2026-08-07", "close": 18.13, "volume": 245970, "typical_volume": 353893.85, "trend": 16.249571, "fair_value": 13.758661, "relative_strength": 5.927284, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 61.951081, "energy": 39.463754, "activity_lines": [ 17.79084, 17.787599, 17.609162, 17.013794 ] } ], "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." } } }