{ "ticker": { "uuid": "a0aafd77-d4b5-48d7-a0ce-a16748391f38", "symbol": "SAA", "name": "PROSHARES TRUST PSHS ULT SCAP600", "exchange": "NYSEARCA", "country": "US", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "SPY", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 71.607, "architecture_energy": 54.772, "architecture_maturity": 78.156, "architecture_confidence": 66.161, "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": 18.01, "rotation_up": 47.8, "upward_expansion": 77.28, "deceleration": 73.27, "rotation_down": 26.99, "downward_expansion": 8.62 }, "activity_lines": [ 36.778387, 36.559459, 35.14085, 33.617564 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.333333 }, "latest_close": 37.8766, "trend_reference": 31.925758, "distance_from_trend": 0.186396, "trend_direction": "Improving", "fair_value": 25.065462, "distance_from_fair_value": 0.511107, "fair_value_direction": "Improving", "relative_strength": 16.165706, "relative_strength_direction": "Improving", "price_momentum": 0.221543, "excess_performance": 0.095918, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.186396, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.117148, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.511107, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.118585, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.161657, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.013119, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.221543, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 1.560093, "read": "Demand-led" } ], "volume": { "latest": 26260, "relative_activity": 0.878869, "balance": 1.560093, "dry_up": 0.535814, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.052832, "annualized_volatility": 0.304544, "from_high_reference": -0.027309, "from_low_reference": 0.70267 }, "levels": { "trend_reference": 31.925758, "fair_value_reference": 25.065462, "structural_low": 25.194151, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 25, "median_return": 0.022908, "positive_rate": 0.68, "directional_follow_through": 0.68, "median_excess_return": -0.004201, "regime_survival": 0.72, "best_return": 0.138465, "worst_return": -0.146708, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 9, "median_return": -0.040172, "positive_rate": 0.444444, "directional_follow_through": 0.444444, "median_excess_return": -0.035106, "regime_survival": 0.333333, "best_return": 0.192, "worst_return": -0.234572, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": -0.00477, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.128613, "regime_survival": 0.2, "best_return": 0.144115, "worst_return": -0.349896, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": -0.036994, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.193798, "regime_survival": 0.0, "best_return": 0.058173, "worst_return": -0.328021, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-02-09", "end": "2024-02-16", "tenure": "New", "return": 0.023051, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-02-23", "end": "2024-04-19", "tenure": "Developing", "return": -0.070139, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-04-26", "end": "2024-07-19", "tenure": "Established", "return": 0.138638, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-07-26", "end": "2025-01-17", "tenure": "Established", "return": -0.01837, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-01-24", "end": "2025-02-21", "tenure": "Developing", "return": -0.105734, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.081248, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-03-14", "end": "2025-06-13", "tenure": "Established", "return": -0.019577, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.124305, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-29", "tenure": "Developing", "return": 0.100174, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-05", "end": "2025-10-31", "tenure": "Developing", "return": -0.030753, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-12", "tenure": "Developing", "return": 0.101587, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-19", "end": "2026-03-13", "tenure": "Established", "return": -0.025649, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-17", "tenure": "Developing", "return": 0.261088, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-04-24", "end": "2026-08-07", "tenure": "Established", "return": 0.17239, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 20.649547, "volume": 9890, "typical_volume": 18420.95, "trend": 21.069984, "fair_value": 23.878923, "relative_strength": -9.01259, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 23.409441, "energy": 24.35565, "activity_lines": [ 21.91147, 21.846883, 21.109933, 20.862801 ] }, { "date": "2023-08-25", "close": 20.417625, "volume": 18754, "typical_volume": 18394.9, "trend": 20.978168, "fair_value": 23.920399, "relative_strength": -10.369138, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -0.655181, "energy": 8.034902, "activity_lines": [ 21.302054, 21.636736, 21.102526, 20.820713 ] }, { "date": "2023-09-01", "close": 21.893456, "volume": 21481, "typical_volume": 17862.4, "trend": 20.857354, "fair_value": 23.975147, "relative_strength": -6.104516, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.764109, "energy": 23.569217, "activity_lines": [ 21.332816, 21.704011, 21.230611, 20.879764 ] }, { "date": "2023-09-08", "close": 20.010819, "volume": 9265, "typical_volume": 17463.2, "trend": 20.732712, "fair_value": 24.023647, "relative_strength": -12.772736, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.305979, "energy": 18.773176, "activity_lines": [ 20.818746, 21.386488, 21.169238, 20.825149 ] }, { "date": "2023-09-15", "close": 20.037211, "volume": 10086, "typical_volume": 17106.8, "trend": 20.588622, "fair_value": 24.07074, "relative_strength": -12.298301, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.340176, "energy": 23.547392, "activity_lines": [ 20.492966, 21.098197, 21.108695, 20.780278 ] }, { "date": "2023-09-22", "close": 18.739382, "volume": 8890, "typical_volume": 16263.4, "trend": 20.447395, "fair_value": 24.11617, "relative_strength": -15.33176, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.177718, "energy": 44.561235, "activity_lines": [ 19.872183, 20.586314, 20.920541, 20.660972 ] }, { "date": "2023-09-29", "close": 18.860498, "volume": 13159, "typical_volume": 16149.15, "trend": 20.281589, "fair_value": 24.154498, "relative_strength": -14.029536, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.27192, "energy": 58.645885, "activity_lines": [ 19.419116, 20.154989, 20.744513, 20.558592 ] }, { "date": "2023-10-06", "close": 17.953051, "volume": 17098, "typical_volume": 16039.15, "trend": 20.204499, "fair_value": 24.177743, "relative_strength": -18.277664, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -43.535879, "energy": 69.411475, "activity_lines": [ 18.767376, 19.627412, 20.478816, 20.408363 ] }, { "date": "2023-10-13", "close": 17.567789, "volume": 16861, "typical_volume": 16274.1, "trend": 20.160297, "fair_value": 24.198878, "relative_strength": -20.07241, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -54.578597, "energy": 77.089637, "activity_lines": [ 18.249908, 19.12399, 20.181545, 20.238253 ] }, { "date": "2023-10-20", "close": 16.936223, "volume": 20856, "typical_volume": 16144.7, "trend": 20.092433, "fair_value": 24.214162, "relative_strength": -20.697946, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -82.436997, "energy": 88.691929, "activity_lines": [ 17.684787, 18.599109, 19.831328, 20.030248 ] }, { "date": "2023-10-27", "close": 15.970982, "volume": 47886, "typical_volume": 17259.4, "trend": 19.943165, "fair_value": 24.235037, "relative_strength": -22.784041, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -86.252637, "energy": 92.416, "activity_lines": [ 17.004651, 17.992641, 19.404972, 19.764348 ] }, { "date": "2023-11-03", "close": 18.778752, "volume": 27045, "typical_volume": 16864.75, "trend": 19.923986, "fair_value": 24.26412, "relative_strength": -13.805666, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.121224, "energy": 62.175725, "activity_lines": [ 17.444999, 17.98174, 19.269037, 19.689225 ] }, { "date": "2023-11-10", "close": 17.471498, "volume": 25133, "typical_volume": 17001.25, "trend": 19.847698, "fair_value": 24.271154, "relative_strength": -20.310122, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -62.22011, "energy": 51.59662, "activity_lines": [ 17.455045, 17.762955, 19.018787, 19.531 ] }, { "date": "2023-11-17", "close": 19.254488, "volume": 39152, "typical_volume": 18195.3, "trend": 19.834271, "fair_value": 24.284047, "relative_strength": -13.682286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.616158, "energy": 32.906815, "activity_lines": [ 18.091525, 17.948749, 18.948271, 19.492728 ] }, { "date": "2023-11-24", "close": 19.347967, "volume": 10115, "typical_volume": 18026.8, "trend": 19.839348, "fair_value": 24.289112, "relative_strength": -13.614276, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -35.351614, "energy": 24.760898, "activity_lines": [ 18.646718, 18.165291, 18.896658, 19.461354 ] }, { "date": "2023-12-01", "close": 20.339584, "volume": 20033, "typical_volume": 18535.0, "trend": 19.888559, "fair_value": 24.294912, "relative_strength": -9.445529, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -12.672747, "energy": 19.266927, "activity_lines": [ 19.371667, 18.574658, 18.946009, 19.493627 ] }, { "date": "2023-12-08", "close": 20.79864, "volume": 27009, "typical_volume": 19304.2, "trend": 19.975881, "fair_value": 24.303267, "relative_strength": -7.283611, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -0.710039, "energy": 22.525698, "activity_lines": [ 19.958394, 19.038396, 19.04679, 19.552342 ] }, { "date": "2023-12-15", "close": 23.319476, "volume": 94885, "typical_volume": 23312.0, "trend": 20.11893, "fair_value": 24.32246, "relative_strength": 1.644403, "stage": 2, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 45.698148, "energy": 50.262449, "activity_lines": [ 21.250741, 19.925229, 19.396425, 19.768058 ] }, { "date": "2023-12-22", "close": 24.219197, "volume": 116136, "typical_volume": 28443.25, "trend": 20.29023, "fair_value": 24.344707, "relative_strength": 4.674626, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 49.233308, "energy": 71.975013, "activity_lines": [ 22.45313, 20.878075, 19.830865, 20.032591 ] }, { "date": "2023-12-29", "close": 24.304628, "volume": 107733, "typical_volume": 33073.35, "trend": 20.425319, "fair_value": 24.367988, "relative_strength": 4.761239, "stage": 2, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 43.911059, "energy": 74.734902, "activity_lines": [ 23.353015, 21.72552, 20.266223, 20.291584 ] }, { "date": "2024-01-05", "close": 22.307655, "volume": 78222, "typical_volume": 36489.95, "trend": 20.475442, "fair_value": 24.361476, "relative_strength": -2.051451, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 39.504449, "energy": 70.253731, "activity_lines": [ 23.256798, 22.075908, 20.5009, 20.413025 ] }, { "date": "2024-01-12", "close": 22.408965, "volume": 56401, "typical_volume": 38372.3, "trend": 20.525157, "fair_value": 24.350095, "relative_strength": -2.977564, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "up", "direction": 63.768467, "energy": 67.881083, "activity_lines": [ 23.063147, 22.329504, 20.737331, 20.537769 ] }, { "date": "2024-01-19", "close": 22.337658, "volume": 41855, "typical_volume": 39391.0, "trend": 20.61788, "fair_value": 24.333292, "relative_strength": -4.029314, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.330046, "energy": 46.16715, "activity_lines": [ 22.738371, 22.504131, 20.957487, 20.654704 ] }, { "date": "2024-01-26", "close": 23.037865, "volume": 68740, "typical_volume": 42364.75, "trend": 20.673989, "fair_value": 24.331038, "relative_strength": -1.611554, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.569775, "energy": 36.178576, "activity_lines": [ 22.712453, 22.717593, 21.242215, 20.810832 ] }, { "date": "2024-02-02", "close": 22.418024, "volume": 41969, "typical_volume": 43958.9, "trend": 20.730657, "fair_value": 24.309724, "relative_strength": -4.937505, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.630558, "energy": 32.671795, "activity_lines": [ 22.558676, 22.749567, 21.453496, 20.923351 ] }, { "date": "2024-02-09", "close": 22.871483, "volume": 39651, "typical_volume": 45496.95, "trend": 20.761076, "fair_value": 24.278945, "relative_strength": -3.818146, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.566837, "energy": 33.226581, "activity_lines": [ 22.681826, 22.80817, 21.696626, 21.061469 ] }, { "date": "2024-02-16", "close": 23.398684, "volume": 74024, "typical_volume": 48540.2, "trend": 20.786328, "fair_value": 24.254272, "relative_strength": -0.709315, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 63.280346, "energy": 42.225183, "activity_lines": [ 22.943121, 22.916592, 21.970289, 21.231637 ] }, { "date": "2024-02-23", "close": 23.057543, "volume": 29065, "typical_volume": 49138.55, "trend": 20.783773, "fair_value": 24.229095, "relative_strength": -3.233184, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.971048, "energy": 38.727931, "activity_lines": [ 23.024721, 22.915716, 22.189852, 21.378167 ] }, { "date": "2024-03-01", "close": 23.580555, "volume": 57942, "typical_volume": 51192.6, "trend": 20.813018, "fair_value": 24.202199, "relative_strength": -1.441858, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.23625, "energy": 43.976931, "activity_lines": [ 23.232666, 23.014695, 22.434919, 21.558605 ] }, { "date": "2024-03-08", "close": 23.584452, "volume": 24181, "typical_volume": 51358.85, "trend": 20.862457, "fair_value": 24.147752, "relative_strength": -0.912599, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.446937, "energy": 43.347191, "activity_lines": [ 23.405731, 23.125994, 22.651724, 21.737407 ] }, { "date": "2024-03-15", "close": 22.7466, "volume": 30417, "typical_volume": 50485.4, "trend": 20.932358, "fair_value": 24.100982, "relative_strength": -4.19847, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.766324, "energy": 38.553402, "activity_lines": [ 23.22175, 23.098051, 22.757076, 21.858964 ] }, { "date": "2024-03-22", "close": 23.575, "volume": 52678, "typical_volume": 51767.05, "trend": 21.037604, "fair_value": 24.067753, "relative_strength": -2.740577, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 60.734012, "energy": 39.570765, "activity_lines": [ 23.322227, 23.212745, 22.909059, 22.029457 ] }, { "date": "2024-03-29", "close": 24.778192, "volume": 92308, "typical_volume": 55125.8, "trend": 21.133762, "fair_value": 24.039, "relative_strength": 1.99921, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.173671, "energy": 47.269362, "activity_lines": [ 23.812015, 23.525, 23.152791, 22.270786 ] }, { "date": "2024-04-05", "close": 23.418856, "volume": 70815, "typical_volume": 56708.95, "trend": 21.247363, "fair_value": 24.003231, "relative_strength": -2.620154, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.181669, "energy": 37.873257, "activity_lines": [ 23.73398, 23.545731, 23.23227, 22.418211 ] }, { "date": "2024-04-12", "close": 22.017166, "volume": 34274, "typical_volume": 57916.9, "trend": 21.313362, "fair_value": 23.954797, "relative_strength": -6.877605, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 30.432334, "energy": 21.745226, "activity_lines": [ 23.199495, 23.304681, 23.158424, 22.467876 ] }, { "date": "2024-04-19", "close": 21.440309, "volume": 36605, "typical_volume": 58745.5, "trend": 21.403393, "fair_value": 23.90178, "relative_strength": -6.245971, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 1.57284, "energy": 6.128434, "activity_lines": [ 22.577211, 22.966037, 23.016928, 22.476066 ] }, { "date": "2024-04-26", "close": 22.445099, "volume": 13592, "typical_volume": 58074.65, "trend": 21.522879, "fair_value": 23.857116, "relative_strength": -4.275778, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 11.29009, "energy": 17.681109, "activity_lines": [ 22.376942, 22.836103, 22.965885, 22.543273 ] }, { "date": "2024-05-03", "close": 23.082559, "volume": 7910, "typical_volume": 53725.9, "trend": 21.693863, "fair_value": 23.808521, "relative_strength": -2.090118, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 13.131206, "energy": 17.893905, "activity_lines": [ 22.464487, 22.839409, 22.967713, 22.643897 ] }, { "date": "2024-05-10", "close": 23.763252, "volume": 16891, "typical_volume": 48763.65, "trend": 21.900378, "fair_value": 23.770259, "relative_strength": -1.08457, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 29.238585, "energy": 14.433365, "activity_lines": [ 22.891972, 22.966022, 23.035497, 22.777406 ] }, { "date": "2024-05-17", "close": 24.303903, "volume": 13528, "typical_volume": 44053.4, "trend": 22.145968, "fair_value": 23.738068, "relative_strength": -0.47046, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 60.542018, "energy": 37.158541, "activity_lines": [ 23.476714, 23.187614, 23.156942, 22.932472 ] }, { "date": "2024-05-24", "close": 23.571097, "volume": 17385, "typical_volume": 41011.55, "trend": 22.399305, "fair_value": 23.693616, "relative_strength": -3.406485, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 49.539737, "energy": 38.273084, "activity_lines": [ 23.664738, 23.262887, 23.2086, 23.024416 ] }, { "date": "2024-05-31", "close": 23.902123, "volume": 15237, "typical_volume": 38953.35, "trend": 22.570084, "fair_value": 23.647757, "relative_strength": -1.554884, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 54.742116, "energy": 45.122332, "activity_lines": [ 23.821052, 23.383356, 23.285767, 23.121372 ] }, { "date": "2024-06-07", "close": 22.743921, "volume": 15247, "typical_volume": 37622.95, "trend": 22.745831, "fair_value": 23.591222, "relative_strength": -7.237799, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 39.687151, "energy": 27.414478, "activity_lines": [ 23.494163, 23.287295, 23.24552, 23.132587 ] }, { "date": "2024-06-14", "close": 21.873122, "volume": 15330, "typical_volume": 34952.45, "trend": 22.833119, "fair_value": 23.546967, "relative_strength": -11.942627, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 0.466289, "energy": 4.697566, "activity_lines": [ 22.899584, 23.069894, 23.120404, 23.076284 ] }, { "date": "2024-06-21", "close": 22.165698, "volume": 26698, "typical_volume": 34188.9, "trend": 22.927044, "fair_value": 23.488666, "relative_strength": -11.146045, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.270117, "energy": 21.251236, "activity_lines": [ 22.528539, 22.933793, 23.028699, 23.033224 ] }, { "date": "2024-06-28", "close": 22.685921, "volume": 12155, "typical_volume": 32814.1, "trend": 23.005255, "fair_value": 23.438581, "relative_strength": -8.737678, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -22.038632, "energy": 23.846344, "activity_lines": [ 22.473449, 22.889577, 22.987741, 23.017668 ] }, { "date": "2024-07-05", "close": 22.225194, "volume": 12551, "typical_volume": 29740.45, "trend": 23.052807, "fair_value": 23.389708, "relative_strength": -11.980486, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -54.067322, "energy": 47.521593, "activity_lines": [ 22.323794, 22.738945, 22.903788, 22.967341 ] }, { "date": "2024-07-12", "close": 24.740585, "volume": 74527, "typical_volume": 32013.55, "trend": 23.100177, "fair_value": 23.373936, "relative_strength": -2.733589, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 11.173376, "energy": 5.353129, "activity_lines": [ 23.124399, 23.049655, 23.064984, 23.07623 ] }, { "date": "2024-07-19", "close": 25.556848, "volume": 220684, "typical_volume": 40150.65, "trend": 23.144765, "fair_value": 23.358031, "relative_strength": 2.672279, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 67.979581, "energy": 50.389811, "activity_lines": [ 24.06398, 23.478631, 23.295905, 23.234725 ] }, { "date": "2024-07-26", "close": 27.414448, "volume": 158563, "typical_volume": 46869.75, "trend": 23.248426, "fair_value": 23.348091, "relative_strength": 11.102055, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.83833, "energy": 78.547252, "activity_lines": [ 25.37718, 24.212741, 23.694329, 23.510189 ] }, { "date": "2024-08-02", "close": 24.278682, "volume": 172358, "typical_volume": 53966.8, "trend": 23.314127, "fair_value": 23.313965, "relative_strength": 0.779674, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.411177, "energy": 62.302386, "activity_lines": [ 25.295207, 24.320157, 23.775871, 23.576657 ] }, { "date": "2024-08-09", "close": 23.731764, "volume": 95794, "typical_volume": 56122.6, "trend": 23.35822, "fair_value": 23.278135, "relative_strength": -1.265047, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.375773, "energy": 56.826704, "activity_lines": [ 24.924745, 24.315268, 23.798029, 23.603601 ] }, { "date": "2024-08-16", "close": 24.936472, "volume": 48624, "typical_volume": 53938.4, "trend": 23.444847, "fair_value": 23.257882, "relative_strength": -0.116074, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.356008, "energy": 34.384566, "activity_lines": [ 24.855414, 24.532514, 23.934175, 23.705424 ] }, { "date": "2024-08-23", "close": 26.449115, "volume": 33082, "typical_volume": 52051.75, "trend": 23.558556, "fair_value": 23.233008, "relative_strength": 4.469415, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.264184, "energy": 34.485945, "activity_lines": [ 25.277238, 24.984921, 24.213629, 23.899247 ] }, { "date": "2024-08-30", "close": 26.4546, "volume": 46026, "typical_volume": 52639.35, "trend": 23.693108, "fair_value": 23.209266, "relative_strength": 4.305041, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.971374, "energy": 38.156713, "activity_lines": [ 25.641406, 25.355126, 24.479175, 24.086089 ] }, { "date": "2024-09-06", "close": 23.682792, "volume": 57600, "typical_volume": 53689.1, "trend": 23.720152, "fair_value": 23.179153, "relative_strength": -2.522198, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 44.521422, "energy": 27.494681, "activity_lines": [ 25.145628, 25.143386, 24.459609, 24.085424 ] }, { "date": "2024-09-13", "close": 25.289069, "volume": 39463, "typical_volume": 54982.65, "trend": 23.783165, "fair_value": 23.158668, "relative_strength": 0.10803, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 50.463496, "energy": 29.006793, "activity_lines": [ 25.225001, 25.205571, 24.582344, 24.186644 ] }, { "date": "2024-09-20", "close": 26.483983, "volume": 81225, "typical_volume": 58648.4, "trend": 23.897379, "fair_value": 23.141649, "relative_strength": 3.260236, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.818127, "energy": 31.498979, "activity_lines": [ 25.598859, 25.429307, 24.805336, 24.36089 ] }, { "date": "2024-09-27", "close": 26.485644, "volume": 49932, "typical_volume": 60300.45, "trend": 23.994216, "fair_value": 23.121723, "relative_strength": 2.613666, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.844111, "energy": 29.708416, "activity_lines": [ 25.870103, 25.621646, 25.01229, 24.527875 ] }, { "date": "2024-10-04", "close": 26.082708, "volume": 23426, "typical_volume": 60795.35, "trend": 24.077491, "fair_value": 23.098648, "relative_strength": 0.650904, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.722386, "energy": 34.470749, "activity_lines": [ 26.0046, 25.723837, 25.167905, 24.662617 ] }, { "date": "2024-10-11", "close": 26.257346, "volume": 25256, "typical_volume": 61188.9, "trend": 24.194516, "fair_value": 23.074552, "relative_strength": -0.000754, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.444476, "energy": 40.324579, "activity_lines": [ 26.222102, 25.881994, 25.331682, 24.803252 ] }, { "date": "2024-10-18", "close": 27.134272, "volume": 40446, "typical_volume": 62449.35, "trend": 24.313158, "fair_value": 23.051923, "relative_strength": 2.207761, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.370774, "energy": 46.927516, "activity_lines": [ 26.560276, 26.163617, 25.566184, 24.992914 ] }, { "date": "2024-10-25", "close": 25.443908, "volume": 48048, "typical_volume": 64089.4, "trend": 24.335349, "fair_value": 23.019733, "relative_strength": -3.425841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 52.451446, "energy": 30.170746, "activity_lines": [ 26.211982, 26.076036, 25.624308, 25.065866 ] }, { "date": "2024-11-01", "close": 25.288925, "volume": 22879, "typical_volume": 64466.85, "trend": 24.397684, "fair_value": 22.960712, "relative_strength": -2.689921, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 39.501054, "energy": 22.27313, "activity_lines": [ 25.881365, 25.951051, 25.654814, 25.127387 ] }, { "date": "2024-11-08", "close": 29.690456, "volume": 70381, "typical_volume": 66651.0, "trend": 24.65346, "fair_value": 22.93249, "relative_strength": 8.6281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.628442, "energy": 55.946407, "activity_lines": [ 27.097706, 26.647439, 26.088248, 25.468856 ] }, { "date": "2024-11-15", "close": 27.86732, "volume": 50604, "typical_volume": 68573.45, "trend": 24.867694, "fair_value": 22.902429, "relative_strength": 3.935786, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.738467, "energy": 47.260991, "activity_lines": [ 27.465819, 26.953513, 26.312218, 25.676202 ] }, { "date": "2024-11-22", "close": 30.030101, "volume": 43556, "typical_volume": 70123.7, "trend": 25.120528, "fair_value": 22.900203, "relative_strength": 9.827168, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 76.880028, "energy": 71.912987, "activity_lines": [ 28.447527, 27.576738, 26.717494, 26.00926 ] }, { "date": "2024-11-29", "close": 30.573966, "volume": 42640, "typical_volume": 68529.35, "trend": 25.370241, "fair_value": 22.911063, "relative_strength": 10.240277, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 75.869513, "energy": 79.821285, "activity_lines": [ 29.417469, 28.212647, 27.1374, 26.361095 ] }, { "date": "2024-12-06", "close": 29.699301, "volume": 45873, "typical_volume": 59788.8, "trend": 25.568109, "fair_value": 22.90692, "relative_strength": 6.024439, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.150327, "energy": 73.574828, "activity_lines": [ 29.753851, 28.615163, 27.446226, 26.640389 ] }, { "date": "2024-12-13", "close": 28.801049, "volume": 70815, "typical_volume": 55401.4, "trend": 25.718014, "fair_value": 22.905923, "relative_strength": 3.537906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.444306, "energy": 68.390049, "activity_lines": [ 29.496791, 28.79593, 27.649779, 26.848966 ] }, { "date": "2024-12-20", "close": 25.974604, "volume": 45526, "typical_volume": 49059.8, "trend": 25.798131, "fair_value": 22.874628, "relative_strength": -4.564455, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 32.469098, "energy": 26.457119, "activity_lines": [ 28.356877, 28.413374, 27.577544, 26.86552 ] }, { "date": "2024-12-27", "close": 25.909201, "volume": 19704, "typical_volume": 45255.3, "trend": 25.865034, "fair_value": 22.839585, "relative_strength": -5.095458, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 17.990083, "energy": 16.243189, "activity_lines": [ 27.321342, 28.024066, 27.491004, 26.872686 ] }, { "date": "2025-01-03", "close": 26.182459, "volume": 32236, "typical_volume": 44435.9, "trend": 25.979652, "fair_value": 22.810911, "relative_strength": -3.434663, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 13.015631, "energy": 21.693128, "activity_lines": [ 26.651621, 27.706717, 27.42012, 26.893165 ] }, { "date": "2025-01-10", "close": 24.711945, "volume": 19186, "typical_volume": 43741.1, "trend": 26.074279, "fair_value": 22.77244, "relative_strength": -6.861681, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -29.668387, "energy": 33.327294, "activity_lines": [ 25.784495, 27.108572, 27.203254, 26.811377 ] }, { "date": "2025-01-17", "close": 26.91085, "volume": 47381, "typical_volume": 43808.85, "trend": 26.232451, "fair_value": 22.776011, "relative_strength": -1.397465, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "mixed", "direction": -15.985161, "energy": 23.177953, "activity_lines": [ 25.982828, 26.92072, 27.204079, 26.86535 ] }, { "date": "2025-01-24", "close": 27.28369, "volume": 71729, "typical_volume": 44515.3, "trend": 26.38571, "fair_value": 22.785167, "relative_strength": -1.615722, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 7.294616, "energy": 13.3416, "activity_lines": [ 26.431454, 26.851194, 27.238241, 26.933172 ] }, { "date": "2025-01-31", "close": 26.999861, "volume": 21315, "typical_volume": 43607.9, "trend": 26.544865, "fair_value": 22.790226, "relative_strength": -1.600047, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 10.49534, "energy": 9.398624, "activity_lines": [ 26.698198, 26.740675, 27.228224, 26.972794 ] }, { "date": "2025-02-07", "close": 26.307431, "volume": 13530, "typical_volume": 40223.15, "trend": 26.597094, "fair_value": 22.786969, "relative_strength": -3.85752, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -0.046502, "energy": 4.307472, "activity_lines": [ 26.661421, 26.559355, 27.144114, 26.957476 ] }, { "date": "2025-02-14", "close": 26.209429, "volume": 24721, "typical_volume": 38962.6, "trend": 26.618846, "fair_value": 22.783721, "relative_strength": -5.44067, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.455332, "energy": 3.709303, "activity_lines": [ 26.583645, 26.437789, 27.051512, 26.932465 ] }, { "date": "2025-02-21", "close": 24.398874, "volume": 34577, "typical_volume": 39520.15, "trend": 26.518327, "fair_value": 22.76583, "relative_strength": -10.339204, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -40.999234, "energy": 36.152497, "activity_lines": [ 25.802519, 26.050484, 26.787792, 26.789241 ] }, { "date": "2025-02-28", "close": 24.144683, "volume": 43164, "typical_volume": 40415.55, "trend": 26.513861, "fair_value": 22.749498, "relative_strength": -10.18725, "stage": 4, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.67437, "energy": 55.059209, "activity_lines": [ 25.104128, 25.697002, 26.50788, 26.636103 ] }, { "date": "2025-03-07", "close": 22.182977, "volume": 81263, "typical_volume": 42456.4, "trend": 26.462234, "fair_value": 22.724156, "relative_strength": -14.571767, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -83.597363, "energy": 79.662212, "activity_lines": [ 23.961102, 25.020117, 26.0512, 26.356691 ] }, { "date": "2025-03-14", "close": 20.922, "volume": 56219, "typical_volume": 42864.95, "trend": 26.328419, "fair_value": 22.677039, "relative_strength": -17.273258, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.323636, "energy": 88.404127, "activity_lines": [ 22.718876, 24.181714, 25.498005, 25.999257 ] }, { "date": "2025-03-21", "close": 21.1264, "volume": 24985, "typical_volume": 42970.25, "trend": 26.150995, "fair_value": 22.633101, "relative_strength": -16.591191, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.984696, "energy": 91.533338, "activity_lines": [ 21.903811, 23.476119, 24.985809, 25.663642 ] }, { "date": "2025-03-28", "close": 20.565671, "volume": 31803, "typical_volume": 41041.35, "trend": 25.954697, "fair_value": 22.585671, "relative_strength": -17.200638, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -78.461649, "energy": 91.169362, "activity_lines": [ 21.240706, 22.733764, 24.440032, 25.303299 ] }, { "date": "2025-04-04", "close": 16.783251, "volume": 55957, "typical_volume": 41309.0, "trend": 25.724712, "fair_value": 22.529318, "relative_strength": -25.288967, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.467492, "energy": 96.280307, "activity_lines": [ 19.572341, 21.419064, 23.577476, 24.711593 ] }, { "date": "2025-04-11", "close": 16.911972, "volume": 117426, "typical_volume": 45002.5, "trend": 25.445476, "fair_value": 22.470803, "relative_strength": -28.386082, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -85.214832, "energy": 93.008128, "activity_lines": [ 18.437645, 20.318685, 22.77996, 24.143029 ] }, { "date": "2025-04-18", "close": 17.221695, "volume": 34236, "typical_volume": 44582.3, "trend": 25.136733, "fair_value": 22.420793, "relative_strength": -25.671567, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.128258, "energy": 89.028651, "activity_lines": [ 17.757591, 19.458035, 22.074409, 23.612462 ] }, { "date": "2025-04-25", "close": 18.464943, "volume": 30247, "typical_volume": 43801.0, "trend": 24.869376, "fair_value": 22.390528, "relative_strength": -23.438313, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.848876, "energy": 76.6484, "activity_lines": [ 17.738639, 18.988626, 21.550845, 23.182024 ] }, { "date": "2025-05-02", "close": 19.652742, "volume": 25399, "typical_volume": 41530.2, "trend": 24.655044, "fair_value": 22.369745, "relative_strength": -20.445251, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.747152, "energy": 62.082272, "activity_lines": [ 18.293051, 18.875989, 21.193902, 22.845467 ] }, { "date": "2025-05-09", "close": 19.844338, "volume": 26164, "typical_volume": 40562.1, "trend": 24.441277, "fair_value": 22.354875, "relative_strength": -18.930305, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.849499, "energy": 47.132662, "activity_lines": [ 18.97219, 18.88448, 20.898769, 22.535099 ] }, { "date": "2025-05-16", "close": 21.605342, "volume": 15346, "typical_volume": 40344.2, "trend": 24.256979, "fair_value": 22.355757, "relative_strength": -15.793528, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.800828, "energy": 28.59359, "activity_lines": [ 20.034258, 19.291343, 20.800542, 22.352136 ] }, { "date": "2025-05-23", "close": 19.849388, "volume": 12892, "typical_volume": 39377.0, "trend": 24.070495, "fair_value": 22.327132, "relative_strength": -20.237458, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.136131, "energy": 26.484928, "activity_lines": [ 20.198117, 19.389443, 20.555576, 22.067775 ] }, { "date": "2025-05-30", "close": 20.407245, "volume": 14142, "typical_volume": 39124.8, "trend": 23.907773, "fair_value": 22.303108, "relative_strength": -19.017481, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.574906, "energy": 24.411633, "activity_lines": [ 20.372748, 19.608474, 20.393897, 21.831436 ] }, { "date": "2025-06-06", "close": 21.209574, "volume": 12111, "typical_volume": 37361.3, "trend": 23.625077, "fair_value": 22.297439, "relative_strength": -16.91432, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.135028, "energy": 22.885903, "activity_lines": [ 20.685336, 19.986459, 20.329129, 21.657359 ] }, { "date": "2025-06-13", "close": 20.5124, "volume": 16526, "typical_volume": 34601.15, "trend": 23.379913, "fair_value": 22.309537, "relative_strength": -19.121885, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -21.39956, "energy": 13.351636, "activity_lines": [ 20.661743, 20.225977, 20.225113, 21.456541 ] }, { "date": "2025-06-20", "close": 20.716275, "volume": 7292, "typical_volume": 33900.0, "trend": 23.069452, "fair_value": 22.310578, "relative_strength": -17.951328, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.03463, "energy": 13.053046, "activity_lines": [ 20.661572, 20.434761, 20.172757, 21.284693 ] }, { "date": "2025-06-27", "close": 21.963725, "volume": 17574, "typical_volume": 34102.2, "trend": 22.782444, "fair_value": 22.322559, "relative_strength": -15.681665, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -3.124769, "energy": 10.139393, "activity_lines": [ 21.136488, 20.801185, 20.269128, 21.213356 ] }, { "date": "2025-07-04", "close": 23.437063, "volume": 10826, "typical_volume": 33407.45, "trend": 22.573703, "fair_value": 22.342708, "relative_strength": -11.401931, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 15.964047, "energy": 26.059103, "activity_lines": [ 21.961561, 21.349269, 20.526501, 21.25559 ] }, { "date": "2025-07-11", "close": 23.291413, "volume": 17037, "typical_volume": 32530.45, "trend": 22.390048, "fair_value": 22.363753, "relative_strength": -11.412449, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 33.845612, "energy": 54.955176, "activity_lines": [ 22.536096, 21.78047, 20.783204, 21.301893 ] }, { "date": "2025-07-18", "close": 22.846043, "volume": 16186, "typical_volume": 31181.55, "trend": 22.285763, "fair_value": 22.371049, "relative_strength": -13.230103, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 25.73486, "energy": 55.699557, "activity_lines": [ 22.823385, 22.064537, 21.002765, 21.331312 ] }, { "date": "2025-07-25", "close": 23.244449, "volume": 15161, "typical_volume": 27876.45, "trend": 22.196938, "fair_value": 22.367975, "relative_strength": -12.454494, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.762516, "energy": 60.588632, "activity_lines": [ 23.0879, 22.366464, 21.266453, 21.393163 ] }, { "date": "2025-08-01", "close": 21.371814, "volume": 63728, "typical_volume": 28251.9, "trend": 22.036583, "fair_value": 22.353043, "relative_strength": -17.066509, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 31.887264, "energy": 30.516212, "activity_lines": [ 22.559659, 22.298111, 21.34674, 21.339929 ] }, { "date": "2025-08-08", "close": 22.312095, "volume": 12429, "typical_volume": 27624.1, "trend": 21.956588, "fair_value": 22.332518, "relative_strength": -15.122262, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 27.04431, "energy": 22.109659, "activity_lines": [ 22.384305, 22.373037, 21.514436, 21.357704 ] }, { "date": "2025-08-15", "close": 23.6919, "volume": 40716, "typical_volume": 28069.75, "trend": 21.849289, "fair_value": 22.325361, "relative_strength": -10.385713, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 42.20953, "energy": 29.554832, "activity_lines": [ 22.743884, 22.664204, 21.807896, 21.46966 ] }, { "date": "2025-08-22", "close": 25.370731, "volume": 37460, "typical_volume": 27144.9, "trend": 21.785524, "fair_value": 22.340472, "relative_strength": -3.939552, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 54.655005, "energy": 43.682745, "activity_lines": [ 23.636374, 23.215479, 22.246358, 21.69685 ] }, { "date": "2025-08-29", "close": 25.134621, "volume": 52131, "typical_volume": 23880.15, "trend": 21.723349, "fair_value": 22.369085, "relative_strength": -4.411169, "stage": 1, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 76.561037, "energy": 79.18529, "activity_lines": [ 24.281849, 23.635492, 22.62144, 21.912921 ] }, { "date": "2025-09-05", "close": 25.543133, "volume": 22194, "typical_volume": 23278.05, "trend": 21.697873, "fair_value": 22.392871, "relative_strength": -2.961591, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.427425, "energy": 84.135565, "activity_lines": [ 24.937482, 24.049446, 22.996273, 22.159358 ] }, { "date": "2025-09-12", "close": 25.285522, "volume": 44754, "typical_volume": 24003.4, "trend": 21.667076, "fair_value": 22.426514, "relative_strength": -5.107958, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.361146, "energy": 82.642152, "activity_lines": [ 25.229158, 24.351481, 23.306945, 22.390819 ] }, { "date": "2025-09-19", "close": 25.751203, "volume": 47285, "typical_volume": 25097.7, "trend": 21.712154, "fair_value": 22.477329, "relative_strength": -4.159985, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.160364, "energy": 78.259655, "activity_lines": [ 25.477832, 24.704578, 23.629489, 22.654312 ] }, { "date": "2025-09-26", "close": 25.339035, "volume": 31818, "typical_volume": 25380.4, "trend": 21.751965, "fair_value": 22.52848, "relative_strength": -5.037205, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.396819, "energy": 59.68453, "activity_lines": [ 25.451829, 24.938011, 23.883739, 22.888304 ] }, { "date": "2025-10-03", "close": 26.128277, "volume": 16497, "typical_volume": 25437.95, "trend": 21.883475, "fair_value": 22.579309, "relative_strength": -2.83494, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.720318, "energy": 56.861417, "activity_lines": [ 25.691021, 25.269616, 24.186989, 23.170647 ] }, { "date": "2025-10-10", "close": 23.424519, "volume": 30887, "typical_volume": 26337.7, "trend": 21.966893, "fair_value": 22.613398, "relative_strength": -10.301417, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 47.869423, "energy": 36.456307, "activity_lines": [ 24.962716, 25.057196, 24.211201, 23.270069 ] }, { "date": "2025-10-17", "close": 24.825197, "volume": 23827, "typical_volume": 26821.95, "trend": 22.090186, "fair_value": 22.649033, "relative_strength": -6.130788, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 42.95865, "energy": 28.920307, "activity_lines": [ 24.842544, 25.062122, 24.351786, 23.454475 ] }, { "date": "2025-10-24", "close": 26.336594, "volume": 10180, "typical_volume": 26725.4, "trend": 22.28255, "fair_value": 22.678833, "relative_strength": -2.042483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.454556, "energy": 35.393212, "activity_lines": [ 25.25686, 25.296154, 24.615276, 23.728437 ] }, { "date": "2025-10-31", "close": 24.757613, "volume": 14871, "typical_volume": 26642.65, "trend": 22.548362, "fair_value": 22.704766, "relative_strength": -8.185707, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.888301, "energy": 22.933848, "activity_lines": [ 25.105823, 25.195014, 24.703973, 23.888119 ] }, { "date": "2025-11-07", "close": 24.685855, "volume": 506533, "typical_volume": 51604.7, "trend": 22.807491, "fair_value": 22.716151, "relative_strength": -6.326122, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.537471, "energy": 24.587774, "activity_lines": [ 24.969628, 25.091975, 24.76562, 24.026022 ] }, { "date": "2025-11-14", "close": 24.224793, "volume": 34144, "typical_volume": 52433.2, "trend": 23.040928, "fair_value": 22.728849, "relative_strength": -7.659994, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.329337, "energy": 19.949154, "activity_lines": [ 24.775907, 24.913266, 24.764453, 24.11746 ] }, { "date": "2025-11-21", "close": 23.770589, "volume": 20375, "typical_volume": 52910.65, "trend": 23.217783, "fair_value": 22.734921, "relative_strength": -6.931538, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 11.292501, "energy": 11.115328, "activity_lines": [ 24.377433, 24.675943, 24.709262, 24.164535 ] }, { "date": "2025-11-28", "close": 25.901473, "volume": 18271, "typical_volume": 52972.35, "trend": 23.426074, "fair_value": 22.751449, "relative_strength": -1.546158, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.197886, "energy": 14.82759, "activity_lines": [ 24.759562, 24.853599, 24.855425, 24.337677 ] }, { "date": "2025-12-05", "close": 26.238498, "volume": 25388, "typical_volume": 53432.45, "trend": 23.639213, "fair_value": 22.784375, "relative_strength": -0.040944, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.617238, "energy": 27.605612, "activity_lines": [ 25.283039, 25.0898, 25.021256, 24.519123 ] }, { "date": "2025-12-12", "close": 27.193619, "volume": 25635, "typical_volume": 53956.15, "trend": 23.825489, "fair_value": 22.830878, "relative_strength": 4.634179, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 64.711772, "energy": 48.56853, "activity_lines": [ 26.026165, 25.483305, 25.261896, 24.74844 ] }, { "date": "2025-12-19", "close": 26.711387, "volume": 18882, "typical_volume": 51713.85, "trend": 24.054222, "fair_value": 22.874299, "relative_strength": 2.924221, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.408328, "energy": 60.25278, "activity_lines": [ 26.441363, 25.769761, 25.437804, 24.934627 ] }, { "date": "2025-12-26", "close": 27.031537, "volume": 10583, "typical_volume": 51621.55, "trend": 24.275032, "fair_value": 22.919181, "relative_strength": 2.945371, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.864655, "energy": 65.003986, "activity_lines": [ 26.797504, 26.054666, 25.618776, 25.126712 ] }, { "date": "2026-01-02", "close": 26.222688, "volume": 49291, "typical_volume": 52050.3, "trend": 24.442135, "fair_value": 22.952919, "relative_strength": 1.234473, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 58.102282, "energy": 55.853936, "activity_lines": [ 26.666632, 26.152392, 25.700241, 25.252367 ] }, { "date": "2026-01-09", "close": 28.409576, "volume": 23569, "typical_volume": 51355.75, "trend": 24.705375, "fair_value": 22.988057, "relative_strength": 8.071843, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.315784, "energy": 63.118669, "activity_lines": [ 27.243309, 26.649805, 25.97793, 25.508331 ] }, { "date": "2026-01-16", "close": 29.373604, "volume": 23210, "typical_volume": 49909.7, "trend": 24.993952, "fair_value": 23.033736, "relative_strength": 12.304724, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.488875, "energy": 73.256467, "activity_lines": [ 27.99659, 27.256096, 26.33296, 25.809507 ] }, { "date": "2026-01-23", "close": 29.050864, "volume": 21388, "typical_volume": 49869.4, "trend": 25.23019, "fair_value": 23.071421, "relative_strength": 11.647049, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.211396, "energy": 70.681062, "activity_lines": [ 28.496958, 27.718476, 26.637067, 26.071243 ] }, { "date": "2026-01-30", "close": 28.521417, "volume": 27631, "typical_volume": 49013.25, "trend": 25.399669, "fair_value": 23.090674, "relative_strength": 9.410744, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.239141, "energy": 72.254165, "activity_lines": [ 28.66488, 27.996845, 26.874048, 26.28358 ] }, { "date": "2026-02-06", "close": 31.00718, "volume": 40145, "typical_volume": 48656.25, "trend": 25.656861, "fair_value": 23.137194, "relative_strength": 19.142659, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.98418, "energy": 82.407888, "activity_lines": [ 29.562063, 28.640793, 27.332358, 26.645355 ] }, { "date": "2026-02-13", "close": 30.251056, "volume": 42060, "typical_volume": 49168.35, "trend": 25.903695, "fair_value": 23.174958, "relative_strength": 17.696663, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.15, "energy": 72.90169, "activity_lines": [ 29.888239, 29.054433, 27.693629, 26.941755 ] }, { "date": "2026-02-20", "close": 30.495907, "volume": 20953, "typical_volume": 49391.15, "trend": 26.14541, "fair_value": 23.223161, "relative_strength": 17.143039, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.869031, "energy": 72.400382, "activity_lines": [ 30.173266, 29.439636, 28.054828, 27.238027 ] }, { "date": "2026-02-27", "close": 29.624747, "volume": 22580, "typical_volume": 48975.8, "trend": 26.420508, "fair_value": 23.260277, "relative_strength": 14.246637, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.652693, "energy": 64.676815, "activity_lines": [ 30.093087, 29.606404, 28.312261, 27.4625 ] }, { "date": "2026-03-06", "close": 27.2685, "volume": 28218, "typical_volume": 49195.35, "trend": 26.585721, "fair_value": 23.305166, "relative_strength": 7.201923, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 41.031564, "energy": 32.193868, "activity_lines": [ 29.189233, 29.291794, 28.315765, 27.517209 ] }, { "date": "2026-03-13", "close": 26.026267, "volume": 20719, "typical_volume": 49722.3, "trend": 26.663533, "fair_value": 23.350887, "relative_strength": 3.78804, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 13.370067, "energy": 16.200549, "activity_lines": [ 27.95483, 28.747014, 28.189326, 27.481115 ] }, { "date": "2026-03-20", "close": 25.361513, "volume": 25087, "typical_volume": 50233.1, "trend": 26.663226, "fair_value": 23.391844, "relative_strength": 2.927923, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -1.780506, "energy": 22.913611, "activity_lines": [ 26.830902, 28.084942, 28.001055, 27.397114 ] }, { "date": "2026-03-27", "close": 25.9113, "volume": 47037, "typical_volume": 27258.3, "trend": 26.689115, "fair_value": 23.426859, "relative_strength": 7.374282, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -23.252092, "energy": 34.911126, "activity_lines": [ 26.216207, 27.57825, 27.862269, 27.348603 ] }, { "date": "2026-04-03", "close": 27.4334, "volume": 22537, "typical_volume": 26677.95, "trend": 26.752124, "fair_value": 23.478649, "relative_strength": 9.457936, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.449308, "energy": 29.914304, "activity_lines": [ 26.414518, 27.411254, 27.86261, 27.396621 ] }, { "date": "2026-04-10", "close": 29.63, "volume": 51968, "typical_volume": 28257.6, "trend": 26.89694, "fair_value": 23.541918, "relative_strength": 13.450191, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 25.849968, "energy": 17.302018, "activity_lines": [ 27.49112, 27.673049, 28.056871, 27.582291 ] }, { "date": "2026-04-17", "close": 31.9831, "volume": 40628, "typical_volume": 29375.45, "trend": 27.10467, "fair_value": 23.620929, "relative_strength": 16.473177, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 60.045008, "energy": 38.349457, "activity_lines": [ 29.194654, 28.342524, 28.447335, 27.91043 ] }, { "date": "2026-04-24", "close": 32.307169, "volume": 27520, "typical_volume": 29482.05, "trend": 27.336941, "fair_value": 23.704977, "relative_strength": 16.371187, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.686544, "energy": 69.393639, "activity_lines": [ 30.60909, 29.053177, 28.839703, 28.246075 ] }, { "date": "2026-05-01", "close": 32.789575, "volume": 19698, "typical_volume": 29185.2, "trend": 27.558985, "fair_value": 23.794249, "relative_strength": 16.408855, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.640961, "energy": 81.417332, "activity_lines": [ 31.721283, 29.814156, 29.249115, 28.597858 ] }, { "date": "2026-05-08", "close": 33.268724, "volume": 54047, "typical_volume": 30943.45, "trend": 27.887125, "fair_value": 23.890978, "relative_strength": 14.853784, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.373461, "energy": 85.805205, "activity_lines": [ 32.534642, 30.62055, 29.677514, 28.966228 ] }, { "date": "2026-05-15", "close": 31.049011, "volume": 20548, "typical_volume": 31441.7, "trend": 28.094585, "fair_value": 23.968035, "relative_strength": 6.692742, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.094043, "energy": 76.76812, "activity_lines": [ 32.219074, 30.957105, 29.863286, 29.170221 ] }, { "date": "2026-05-22", "close": 32.532916, "volume": 43346, "typical_volume": 31144.45, "trend": 28.301129, "fair_value": 24.054271, "relative_strength": 10.338792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.436448, "energy": 61.970582, "activity_lines": [ 32.303541, 31.494726, 30.171251, 29.456565 ] }, { "date": "2026-05-29", "close": 33.06082, "volume": 9931, "typical_volume": 30462.55, "trend": 28.577903, "fair_value": 24.136379, "relative_strength": 10.057778, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.090926, "energy": 52.683317, "activity_lines": [ 32.527321, 32.010025, 30.499444, 29.763641 ] }, { "date": "2026-06-05", "close": 32.639316, "volume": 32131, "typical_volume": 30908.6, "trend": 28.843018, "fair_value": 24.212246, "relative_strength": 10.989286, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.501999, "energy": 47.111965, "activity_lines": [ 32.560357, 32.308701, 30.765346, 30.025668 ] }, { "date": "2026-06-12", "close": 35.445678, "volume": 13514, "typical_volume": 30514.9, "trend": 29.217048, "fair_value": 24.305376, "relative_strength": 19.101088, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.664458, "energy": 62.0817, "activity_lines": [ 33.538864, 32.995296, 31.282968, 30.451646 ] }, { "date": "2026-06-19", "close": 35.329587, "volume": 11156, "typical_volume": 29691.15, "trend": 29.602348, "fair_value": 24.406489, "relative_strength": 16.943273, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.311641, "energy": 73.654395, "activity_lines": [ 34.333543, 33.515106, 31.759083, 30.846004 ] }, { "date": "2026-06-26", "close": 37.4805, "volume": 83963, "typical_volume": 31882.05, "trend": 29.988315, "fair_value": 24.50986, "relative_strength": 26.166097, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.007405, "energy": 88.371669, "activity_lines": [ 35.559822, 34.322363, 32.407627, 31.354271 ] }, { "date": "2026-07-03", "close": 36.8607, "volume": 31164, "typical_volume": 31337.25, "trend": 30.342389, "fair_value": 24.613339, "relative_strength": 20.787994, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.569011, "energy": 87.495001, "activity_lines": [ 36.249662, 34.916976, 32.966317, 31.797651 ] }, { "date": "2026-07-10", "close": 36.4, "volume": 24359, "typical_volume": 31507.55, "trend": 30.649268, "fair_value": 24.70591, "relative_strength": 17.097021, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.833759, "energy": 82.35998, "activity_lines": [ 36.53261, 35.345033, 33.449657, 32.188465 ] }, { "date": "2026-07-17", "close": 36.6459, "volume": 17260, "typical_volume": 31241.55, "trend": 30.980418, "fair_value": 24.795684, "relative_strength": 19.042595, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.354825, "energy": 78.686479, "activity_lines": [ 36.646812, 35.752156, 33.9283, 32.575344 ] }, { "date": "2026-07-24", "close": 35.9886, "volume": 11165, "typical_volume": 30388.9, "trend": 31.278987, "fair_value": 24.878084, "relative_strength": 16.955522, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.177402, "energy": 56.991007, "activity_lines": [ 36.4619, 35.978366, 34.31091, 32.898453 ] }, { "date": "2026-07-31", "close": 36.1588, "volume": 9354, "typical_volume": 29820.65, "trend": 31.610191, "fair_value": 24.964338, "relative_strength": 15.50649, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.904091, "energy": 50.560293, "activity_lines": [ 36.289787, 36.145712, 34.668205, 33.213279 ] }, { "date": "2026-08-07", "close": 37.8766, "volume": 26260, "typical_volume": 29879.3, "trend": 31.925758, "fair_value": 25.065462, "relative_strength": 16.165706, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.607357, "energy": 54.771866, "activity_lines": [ 36.778387, 36.559459, 35.14085, 33.617564 ] } ], "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." } } }