{ "ticker": { "uuid": "a124f900-a255-4797-9ff9-7c2e18d0272a", "symbol": "ARR", "name": "ARMOUR Residential REIT 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": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -17.248, "architecture_energy": 16.786, "architecture_maturity": 6.003, "architecture_confidence": 74.25, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 61.22, "rotation_up": 23.84, "upward_expansion": 10.97, "deceleration": 50.18, "rotation_down": 45.71, "downward_expansion": 45.63 }, "activity_lines": [ 16.54178, 16.63021, 16.711142, 16.665358 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 16.68, "trend_reference": 16.680592, "distance_from_trend": -3.5e-05, "trend_direction": "Improving", "fair_value": 14.442646, "distance_from_fair_value": 0.154913, "fair_value_direction": "Weakening", "relative_strength": -5.720914, "relative_strength_direction": "Weakening", "price_momentum": 0.010262, "excess_performance": -0.115363, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -3.5e-05, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.018056, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.154913, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.042297, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.057209, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.068611, "read": "Weakening" }, { "label": "Price momentum", "positive": true, "value": 0.010262, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.358775, "read": "Supply-led" } ], "volume": { "latest": 16394487, "relative_activity": 1.00109, "balance": 0.358775, "dry_up": 1.24047, "accumulation_observations": 2, "distribution_observations": 6 }, "risk": { "range_context": 0.041288, "annualized_volatility": 0.214647, "from_high_reference": -0.074493, "from_low_reference": 0.352599 }, "levels": { "trend_reference": 16.680592, "fair_value_reference": 14.442646, "structural_low": 14.695815, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.003181, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.015967, "regime_survival": 0.454545, "best_return": 0.128995, "worst_return": -0.299121, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.067172, "positive_rate": 0.4, "directional_follow_through": 0.4, "median_excess_return": -0.10658, "regime_survival": 0.2, "best_return": 0.209074, "worst_return": -0.440176, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.061319, "positive_rate": 0.333333, "directional_follow_through": 0.333333, "median_excess_return": -0.070008, "regime_survival": 0.0, "best_return": 0.156419, "worst_return": -0.406106, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.011484, "positive_rate": 0.5, "directional_follow_through": 0.5, "median_excess_return": -0.223186, "regime_survival": 0.5, "best_return": 0.07738, "worst_return": -0.357263, "sufficient": false } ], "ledger": [ { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2024-10-18", "end": "2024-12-06", "tenure": "Developing", "return": -0.039471, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-12-13", "end": "2025-02-28", "tenure": "Developing", "return": 0.021109, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-03-07", "end": "2025-03-14", "tenure": "New", "return": -0.011047, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.079871, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-06-13", "tenure": "Developing", "return": 0.14641, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-06-20", "end": "2025-07-11", "tenure": "New", "return": 0.023694, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": -0.052184, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-08-15", "end": "2025-08-22", "tenure": "New", "return": 0.008632, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-08-29", "end": "2025-10-03", "tenure": "Developing", "return": 0.02787, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-10-10", "end": "2025-10-24", "tenure": "New", "return": 0.065395, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-10-31", "end": "2026-03-27", "tenure": "Established", "return": 0.038613, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-04-24", "tenure": "New", "return": 0.042055, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-07-17", "tenure": "Developing", "return": -0.036547, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-24", "end": "2026-08-07", "tenure": "New", "return": 0.0252, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 14.289804, "volume": 32109300, "typical_volume": 29587376.35, "trend": 15.217265, "fair_value": 19.67346, "relative_strength": -13.758161, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.126205, "energy": 11.436316, "activity_lines": [ 15.061319, 15.2397, 15.141303, 15.077101 ] }, { "date": "2023-08-25", "close": 14.967338, "volume": 24097227, "typical_volume": 30035297.85, "trend": 15.145886, "fair_value": 19.644753, "relative_strength": -9.816708, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.058717, "energy": 10.866015, "activity_lines": [ 14.972901, 15.171724, 15.134272, 15.060977 ] }, { "date": "2023-09-01", "close": 15.182917, "volume": 46120889, "typical_volume": 30940161.2, "trend": 15.062408, "fair_value": 19.620206, "relative_strength": -10.220189, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 6.350066, "energy": 12.580999, "activity_lines": [ 14.98671, 15.152802, 15.149262, 15.063366 ] }, { "date": "2023-09-08", "close": 14.874947, "volume": 22695871, "typical_volume": 31396447.95, "trend": 14.999887, "fair_value": 19.591286, "relative_strength": -10.3659, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -9.71011, "energy": 15.435057, "activity_lines": [ 14.927997, 15.077857, 15.133215, 15.051272 ] }, { "date": "2023-09-15", "close": 15.33842, "volume": 45452250, "typical_volume": 32530457.55, "trend": 14.963011, "fair_value": 19.5637, "relative_strength": -6.993794, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 20.863756, "energy": 9.5481, "activity_lines": [ 15.064341, 15.105767, 15.162032, 15.073112 ] }, { "date": "2023-09-22", "close": 14.493241, "volume": 33090866, "typical_volume": 32579895.6, "trend": 14.921307, "fair_value": 19.537329, "relative_strength": -9.057757, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -18.64797, "energy": 11.252189, "activity_lines": [ 14.918527, 14.981491, 15.107497, 15.042805 ] }, { "date": "2023-09-29", "close": 13.303731, "volume": 43623738, "typical_volume": 33641036.7, "trend": 14.865167, "fair_value": 19.497849, "relative_strength": -15.755645, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -38.995374, "energy": 46.397819, "activity_lines": [ 14.362646, 14.654536, 14.940703, 14.938445 ] }, { "date": "2023-10-06", "close": 11.751108, "volume": 14000365, "typical_volume": 33310703.35, "trend": 14.785287, "fair_value": 19.446884, "relative_strength": -25.658488, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.566893, "energy": 83.621388, "activity_lines": [ 13.400132, 14.083816, 14.631494, 14.737538 ] }, { "date": "2023-10-13", "close": 11.638417, "volume": 7319921, "typical_volume": 32338792.5, "trend": 14.719862, "fair_value": 19.39803, "relative_strength": -26.404495, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.274645, "energy": 92.672329, "activity_lines": [ 12.628841, 13.563221, 14.323001, 14.534514 ] }, { "date": "2023-10-20", "close": 9.76373, "volume": 10699925, "typical_volume": 31698400.95, "trend": 14.569185, "fair_value": 19.332519, "relative_strength": -36.385292, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.124892, "energy": 97.127038, "activity_lines": [ 11.448423, 12.771684, 13.847393, 14.214764 ] }, { "date": "2023-10-27", "close": 8.752806, "volume": 11737504, "typical_volume": 30647978.65, "trend": 14.362995, "fair_value": 19.265683, "relative_strength": -41.039511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.0587, "energy": 98.094313, "activity_lines": [ 10.302677, 11.897582, 13.301034, 13.839513 ] }, { "date": "2023-11-03", "close": 10.313979, "volume": 9765450, "typical_volume": 29319173.8, "trend": 14.197462, "fair_value": 19.206277, "relative_strength": -33.852628, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.371547, "energy": 88.463474, "activity_lines": [ 10.060017, 11.408003, 12.933419, 13.578286 ] }, { "date": "2023-11-10", "close": 10.467537, "volume": 6660402, "typical_volume": 28533898.5, "trend": 14.052223, "fair_value": 19.141025, "relative_strength": -33.16454, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.857319, "energy": 86.04081, "activity_lines": [ 10.06786, 11.030949, 12.605169, 13.337646 ] }, { "date": "2023-11-17", "close": 11.274034, "volume": 8340528, "typical_volume": 27862585.15, "trend": 13.927125, "fair_value": 19.076518, "relative_strength": -29.137307, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.5135, "energy": 64.960389, "activity_lines": [ 10.430106, 10.886266, 12.376175, 13.158408 ] }, { "date": "2023-11-24", "close": 11.201974, "volume": 4808448, "typical_volume": 26911233.2, "trend": 13.809258, "fair_value": 19.006734, "relative_strength": -29.712308, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.642696, "energy": 53.841169, "activity_lines": [ 10.792625, 10.793952, 12.162334, 12.982592 ] }, { "date": "2023-12-01", "close": 12.112544, "volume": 6445629, "typical_volume": 23335964.05, "trend": 13.722706, "fair_value": 18.938492, "relative_strength": -24.085868, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.483474, "energy": 35.570676, "activity_lines": [ 11.362785, 10.942405, 12.055299, 12.873126 ] }, { "date": "2023-12-08", "close": 12.512147, "volume": 7814336, "typical_volume": 22413108.7, "trend": 13.658144, "fair_value": 18.875415, "relative_strength": -21.183606, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.166083, "energy": 30.280227, "activity_lines": [ 11.842163, 11.206798, 12.00122, 12.795026 ] }, { "date": "2023-12-15", "close": 12.891383, "volume": 13774759, "typical_volume": 21151833.55, "trend": 13.616012, "fair_value": 18.818169, "relative_strength": -20.109042, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.897493, "energy": 28.189304, "activity_lines": [ 12.301408, 11.554535, 11.997118, 12.745557 ] }, { "date": "2023-12-22", "close": 13.11192, "volume": 7582955, "typical_volume": 19498335.55, "trend": 13.585147, "fair_value": 18.761549, "relative_strength": -18.818302, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -9.726316, "energy": 24.946135, "activity_lines": [ 12.672576, 11.921638, 12.027085, 12.713035 ] }, { "date": "2023-12-29", "close": 12.911432, "volume": 4009087, "typical_volume": 18007472.5, "trend": 13.511379, "fair_value": 18.702593, "relative_strength": -19.734546, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -1.89035, "energy": 23.488418, "activity_lines": [ 12.854388, 12.225497, 12.04925, 12.66957 ] }, { "date": "2024-01-05", "close": 12.670847, "volume": 5462313, "typical_volume": 16675123.15, "trend": 13.431549, "fair_value": 18.638417, "relative_strength": -19.348754, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -1.612401, "energy": 22.426832, "activity_lines": [ 12.842042, 12.428383, 12.060029, 12.615342 ] }, { "date": "2024-01-12", "close": 13.385921, "volume": 6324007, "typical_volume": 15786462.15, "trend": 13.360764, "fair_value": 18.578568, "relative_strength": -15.657914, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.468308, "energy": 25.15015, "activity_lines": [ 13.030834, 12.690045, 12.146619, 12.612398 ] }, { "date": "2024-01-19", "close": 12.871858, "volume": 4348178, "typical_volume": 13697826.6, "trend": 13.28378, "fair_value": 18.511183, "relative_strength": -19.092952, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.176945, "energy": 27.091095, "activity_lines": [ 12.99002, 12.802387, 12.191782, 12.580856 ] }, { "date": "2024-01-26", "close": 13.433269, "volume": 5363176, "typical_volume": 12831191.85, "trend": 13.201649, "fair_value": 18.449252, "relative_strength": -15.676584, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 10.843358, "energy": 31.466257, "activity_lines": [ 13.137644, 12.97309, 12.301417, 12.5905 ] }, { "date": "2024-02-02", "close": 13.068013, "volume": 6368110, "typical_volume": 10876984.85, "trend": 13.12325, "fair_value": 18.376233, "relative_strength": -18.298186, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 20.177046, "energy": 34.152789, "activity_lines": [ 13.142094, 13.038123, 12.383131, 12.581879 ] }, { "date": "2024-02-09", "close": 12.750106, "volume": 6145619, "typical_volume": 9529722.5, "trend": 13.040219, "fair_value": 18.296536, "relative_strength": -20.608877, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.799495, "energy": 13.248886, "activity_lines": [ 13.030135, 13.011427, 12.44538, 12.557805 ] }, { "date": "2024-02-16", "close": 13.102622, "volume": 7703501, "typical_volume": 7733710.65, "trend": 12.962878, "fair_value": 18.221505, "relative_strength": -17.405881, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 9.371979, "energy": 14.946697, "activity_lines": [ 13.030398, 13.037233, 12.549502, 12.561831 ] }, { "date": "2024-02-23", "close": 13.034094, "volume": 3322982, "typical_volume": 7199841.5, "trend": 12.876184, "fair_value": 18.143763, "relative_strength": -18.463179, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 12.768156, "energy": 12.829712, "activity_lines": [ 13.026705, 13.039843, 12.648055, 12.566425 ] }, { "date": "2024-03-01", "close": 13.520645, "volume": 4600010, "typical_volume": 7063845.95, "trend": 12.810757, "fair_value": 18.072614, "relative_strength": -15.662606, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.127603, "energy": 25.201788, "activity_lines": [ 13.174379, 13.128323, 12.786838, 12.608004 ] }, { "date": "2024-03-08", "close": 13.349324, "volume": 5368719, "typical_volume": 6797285.65, "trend": 12.74467, "fair_value": 17.99422, "relative_strength": -15.97181, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 29.65767, "energy": 30.407034, "activity_lines": [ 13.259122, 13.178222, 12.900341, 12.64275 ] }, { "date": "2024-03-15", "close": 13.034621, "volume": 7574151, "typical_volume": 6589118.0, "trend": 12.702831, "fair_value": 17.914886, "relative_strength": -17.404693, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "mixed", "direction": 25.404337, "energy": 30.232572, "activity_lines": [ 13.22021, 13.16294, 12.966798, 12.661456 ] }, { "date": "2024-03-22", "close": 13.353893, "volume": 4246017, "typical_volume": 6313146.35, "trend": 12.649049, "fair_value": 17.83504, "relative_strength": -16.659669, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.816915, "energy": 43.125008, "activity_lines": [ 13.268754, 13.199094, 13.043272, 12.70346 ] }, { "date": "2024-03-29", "close": 13.721749, "volume": 3673136, "typical_volume": 6163783.05, "trend": 12.600344, "fair_value": 17.757416, "relative_strength": -14.088665, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.367914, "energy": 45.333318, "activity_lines": [ 13.423165, 13.302713, 13.140304, 12.772667 ] }, { "date": "2024-04-05", "close": 13.499647, "volume": 4440153, "typical_volume": 5968764.3, "trend": 12.5545, "fair_value": 17.679581, "relative_strength": -14.081748, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 57.032793, "energy": 39.107722, "activity_lines": [ 13.457698, 13.350497, 13.200688, 12.830686 ] }, { "date": "2024-04-12", "close": 12.951332, "volume": 8059259, "typical_volume": 6131304.85, "trend": 12.474931, "fair_value": 17.595395, "relative_strength": -15.754345, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.016165, "energy": 30.156992, "activity_lines": [ 13.31086, 13.297381, 13.198253, 12.856288 ] }, { "date": "2024-04-19", "close": 12.775554, "volume": 5383626, "typical_volume": 6078204.7, "trend": 12.417675, "fair_value": 17.511575, "relative_strength": -13.647251, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 30.885236, "energy": 16.80333, "activity_lines": [ 13.131962, 13.214426, 13.170746, 12.875683 ] }, { "date": "2024-04-26", "close": 13.021644, "volume": 6365044, "typical_volume": 6005740.1, "trend": 12.408272, "fair_value": 17.42621, "relative_strength": -13.678494, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 29.873687, "energy": 17.199733, "activity_lines": [ 13.052365, 13.175753, 13.16352, 12.914649 ] }, { "date": "2024-05-03", "close": 13.3732, "volume": 5724839, "typical_volume": 5603244.1, "trend": 12.462341, "fair_value": 17.344727, "relative_strength": -11.29802, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 35.561399, "energy": 19.142778, "activity_lines": [ 13.112103, 13.202471, 13.187349, 12.976903 ] }, { "date": "2024-05-10", "close": 13.612258, "volume": 4132170, "typical_volume": 5430704.85, "trend": 12.528136, "fair_value": 17.267358, "relative_strength": -10.816409, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.178853, "energy": 23.607343, "activity_lines": [ 13.274764, 13.266489, 13.231652, 13.051091 ] }, { "date": "2024-05-17", "close": 13.669302, "volume": 4637513, "typical_volume": 5462126.15, "trend": 12.658322, "fair_value": 17.191861, "relative_strength": -11.405536, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 56.338723, "energy": 34.897611, "activity_lines": [ 13.448932, 13.339212, 13.279004, 13.124714 ] }, { "date": "2024-05-24", "close": 13.512675, "volume": 3647518, "typical_volume": 5371386.4, "trend": 12.816984, "fair_value": 17.114265, "relative_strength": -11.931646, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.664829, "energy": 40.236211, "activity_lines": [ 13.523027, 13.37764, 13.307831, 13.179834 ] }, { "date": "2024-05-31", "close": 13.768974, "volume": 2984108, "typical_volume": 5204391.45, "trend": 12.932151, "fair_value": 17.037626, "relative_strength": -9.322299, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 59.177915, "energy": 50.503423, "activity_lines": [ 13.633413, 13.453977, 13.357058, 13.241253 ] }, { "date": "2024-06-07", "close": 13.918482, "volume": 4339788, "typical_volume": 5203971.95, "trend": 13.047182, "fair_value": 16.962494, "relative_strength": -8.899944, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.100619, "energy": 54.911858, "activity_lines": [ 13.743813, 13.549949, 13.4187, 13.304887 ] }, { "date": "2024-06-14", "close": 13.911362, "volume": 5034930, "typical_volume": 5187559.65, "trend": 13.135093, "fair_value": 16.896976, "relative_strength": -9.808889, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.983393, "energy": 51.137866, "activity_lines": [ 13.815487, 13.64105, 13.474681, 13.36064 ] }, { "date": "2024-06-21", "close": 14.163281, "volume": 4144548, "typical_volume": 5076381.55, "trend": 13.233803, "fair_value": 16.827963, "relative_strength": -8.172065, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.185334, "energy": 60.668952, "activity_lines": [ 13.951195, 13.770469, 13.552376, 13.426975 ] }, { "date": "2024-06-28", "close": 13.968671, "volume": 3478654, "typical_volume": 4943033.3, "trend": 13.295674, "fair_value": 16.759498, "relative_strength": -8.722507, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.084484, "energy": 54.280198, "activity_lines": [ 13.9891, 13.842468, 13.606322, 13.474386 ] }, { "date": "2024-07-05", "close": 14.184905, "volume": 3150177, "typical_volume": 4715367.1, "trend": 13.351433, "fair_value": 16.691038, "relative_strength": -8.419547, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.54259, "energy": 54.972654, "activity_lines": [ 14.068684, 13.93209, 13.675059, 13.531756 ] }, { "date": "2024-07-12", "close": 15.23724, "volume": 6649545, "typical_volume": 4881695.25, "trend": 13.429628, "fair_value": 16.635806, "relative_strength": -2.080461, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.645887, "energy": 79.890157, "activity_lines": [ 14.471317, 14.191895, 13.838865, 13.653421 ] }, { "date": "2024-07-19", "close": 15.382884, "volume": 6924794, "typical_volume": 4997934.45, "trend": 13.505327, "fair_value": 16.591404, "relative_strength": 1.296615, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.161128, "energy": 86.195664, "activity_lines": [ 14.834581, 14.44429, 14.00605, 13.779437 ] }, { "date": "2024-07-26", "close": 14.923585, "volume": 6077304, "typical_volume": 5033363.7, "trend": 13.572399, "fair_value": 16.542107, "relative_strength": -0.401931, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.570151, "energy": 78.425092, "activity_lines": [ 14.946644, 14.580982, 14.120625, 13.870938 ] }, { "date": "2024-08-02", "close": 14.887132, "volume": 6792744, "typical_volume": 4994293.35, "trend": 13.646275, "fair_value": 16.491182, "relative_strength": 2.019916, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.450204, "energy": 78.122946, "activity_lines": [ 14.995869, 14.688241, 14.224232, 13.955759 ] }, { "date": "2024-08-09", "close": 14.748613, "volume": 5724449, "typical_volume": 5068214.95, "trend": 13.691698, "fair_value": 16.43686, "relative_strength": 1.568309, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.853427, "energy": 52.185153, "activity_lines": [ 14.93769, 14.745325, 14.305825, 14.026878 ] }, { "date": "2024-08-16", "close": 14.808432, "volume": 5959383, "typical_volume": 5182527.3, "trend": 13.75625, "fair_value": 16.384048, "relative_strength": -1.491368, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.986178, "energy": 42.01595, "activity_lines": [ 14.861871, 14.795474, 14.386473, 14.098925 ] }, { "date": "2024-08-23", "close": 14.823189, "volume": 4961451, "typical_volume": 5208592.2, "trend": 13.802581, "fair_value": 16.325279, "relative_strength": -2.201295, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 43.687954, "energy": 33.752164, "activity_lines": [ 14.819557, 14.832124, 14.463352, 14.16776 ] }, { "date": "2024-08-30", "close": 15.088811, "volume": 4335393, "typical_volume": 5022398.9, "trend": 13.869941, "fair_value": 16.268636, "relative_strength": -0.198969, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.777168, "energy": 39.223129, "activity_lines": [ 14.903098, 14.900491, 14.559226, 14.250743 ] }, { "date": "2024-09-06", "close": 15.066676, "volume": 3631925, "typical_volume": 4934813.85, "trend": 13.94716, "fair_value": 16.211991, "relative_strength": 4.4026, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 58.383783, "energy": 40.221017, "activity_lines": [ 14.968245, 14.948006, 14.642813, 14.327951 ] }, { "date": "2024-09-13", "close": 15.317541, "volume": 6168035, "typical_volume": 4924963.4, "trend": 14.020991, "fair_value": 16.15681, "relative_strength": 2.621253, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.935041, "energy": 46.647237, "activity_lines": [ 15.105043, 15.021168, 14.739382, 14.416363 ] }, { "date": "2024-09-20", "close": 15.614732, "volume": 7985309, "typical_volume": 5037986.9, "trend": 14.107012, "fair_value": 16.10325, "relative_strength": 3.644269, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.809519, "energy": 63.590122, "activity_lines": [ 15.302978, 15.127772, 14.853322, 14.519185 ] }, { "date": "2024-09-27", "close": 15.308707, "volume": 5660146, "typical_volume": 5114385.7, "trend": 14.166614, "fair_value": 16.046166, "relative_strength": 1.39015, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.621571, "energy": 53.594435, "activity_lines": [ 15.34515, 15.171872, 14.927443, 14.596714 ] }, { "date": "2024-10-04", "close": 14.748905, "volume": 6742174, "typical_volume": 5219618.75, "trend": 14.213267, "fair_value": 15.985209, "relative_strength": -2.433713, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 55.302862, "energy": 37.778936, "activity_lines": [ 15.168354, 15.115538, 14.940171, 14.634281 ] }, { "date": "2024-10-11", "close": 14.726513, "volume": 5825189, "typical_volume": 5328502.3, "trend": 14.269663, "fair_value": 15.925548, "relative_strength": -3.5556, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.131142, "energy": 25.324751, "activity_lines": [ 15.006754, 15.058309, 14.945626, 14.667394 ] }, { "date": "2024-10-18", "close": 15.38245, "volume": 6660051, "typical_volume": 5512299.45, "trend": 14.337282, "fair_value": 15.870951, "relative_strength": -0.328194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.69978, "energy": 25.581108, "activity_lines": [ 15.086478, 15.123261, 15.00777, 14.739186 ] }, { "date": "2024-10-25", "close": 14.649593, "volume": 7365092, "typical_volume": 5663564.65, "trend": 14.36821, "fair_value": 15.814092, "relative_strength": -4.424425, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.663528, "energy": 17.915524, "activity_lines": [ 14.917588, 15.043442, 14.992436, 14.759335 ] }, { "date": "2024-11-01", "close": 14.045174, "volume": 11405334, "typical_volume": 5982084.85, "trend": 14.386394, "fair_value": 15.748343, "relative_strength": -7.120894, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -11.827607, "energy": 18.906555, "activity_lines": [ 14.611568, 14.856617, 14.916056, 14.738494 ] }, { "date": "2024-11-08", "close": 14.589151, "volume": 10605898, "typical_volume": 6305152.35, "trend": 14.440988, "fair_value": 15.690237, "relative_strength": -7.923115, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 7.654242, "energy": 16.992345, "activity_lines": [ 14.57111, 14.782843, 14.890847, 14.751575 ] }, { "date": "2024-11-15", "close": 14.392715, "volume": 9896050, "typical_volume": 6626022.15, "trend": 14.494893, "fair_value": 15.633621, "relative_strength": -7.181337, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -19.44076, "energy": 26.732671, "activity_lines": [ 14.475822, 14.682438, 14.844901, 14.748461 ] }, { "date": "2024-11-22", "close": 14.300895, "volume": 9147193, "typical_volume": 6925872.95, "trend": 14.537535, "fair_value": 15.581191, "relative_strength": -9.224175, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -21.61747, "energy": 35.437124, "activity_lines": [ 14.372182, 14.577591, 14.788191, 14.735945 ] }, { "date": "2024-11-29", "close": 14.476883, "volume": 4478985, "typical_volume": 6817344.95, "trend": 14.574324, "fair_value": 15.532204, "relative_strength": -9.001133, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -17.480042, "energy": 22.357212, "activity_lines": [ 14.399308, 14.523228, 14.74769, 14.732032 ] }, { "date": "2024-12-06", "close": 14.775296, "volume": 7559510, "typical_volume": 6849080.75, "trend": 14.613092, "fair_value": 15.481368, "relative_strength": -7.710767, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.863986, "energy": 15.173207, "activity_lines": [ 14.537419, 14.543809, 14.73923, 14.744998 ] }, { "date": "2024-12-13", "close": 14.828858, "volume": 7351522, "typical_volume": 6912791.65, "trend": 14.651744, "fair_value": 15.437411, "relative_strength": -6.607172, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.313177, "energy": 3.424986, "activity_lines": [ 14.644709, 14.583827, 14.738764, 14.758918 ] }, { "date": "2024-12-20", "close": 14.603895, "volume": 15826437, "typical_volume": 7364476.3, "trend": 14.688118, "fair_value": 15.387189, "relative_strength": -6.075201, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -1.928383, "energy": 6.204999, "activity_lines": [ 14.66103, 14.58149, 14.717324, 14.755831 ] }, { "date": "2024-12-27", "close": 14.479936, "volume": 4332116, "typical_volume": 7294859.65, "trend": 14.711817, "fair_value": 15.33661, "relative_strength": -7.261184, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -5.767194, "energy": 7.504264, "activity_lines": [ 14.621954, 14.558843, 14.685427, 14.7424 ] }, { "date": "2025-01-03", "close": 14.929287, "volume": 7742397, "typical_volume": 7384010.35, "trend": 14.74551, "fair_value": 15.285111, "relative_strength": -3.733369, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 9.807199, "energy": 8.506152, "activity_lines": [ 14.720725, 14.634306, 14.697605, 14.756431 ] }, { "date": "2025-01-10", "close": 14.193282, "volume": 9642160, "typical_volume": 7618045.8, "trend": 14.754908, "fair_value": 15.232549, "relative_strength": -6.398252, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.031816, "energy": 24.328336, "activity_lines": [ 14.544001, 14.570865, 14.639112, 14.720803 ] }, { "date": "2025-01-17", "close": 14.648597, "volume": 13208610, "typical_volume": 8061706.65, "trend": 14.771085, "fair_value": 15.189994, "relative_strength": -5.984573, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -40.270151, "energy": 19.245731, "activity_lines": [ 14.557849, 14.587516, 14.626982, 14.713944 ] }, { "date": "2025-01-24", "close": 14.530843, "volume": 7900003, "typical_volume": 8275110.55, "trend": 14.789824, "fair_value": 15.147423, "relative_strength": -8.06197, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.253755, "energy": 19.973575, "activity_lines": [ 14.544464, 14.581675, 14.605733, 14.698445 ] }, { "date": "2025-01-31", "close": 14.774201, "volume": 11547167, "typical_volume": 8544067.15, "trend": 14.809467, "fair_value": 15.107593, "relative_strength": -5.41133, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -27.908045, "energy": 14.882158, "activity_lines": [ 14.617068, 14.617571, 14.610213, 14.697437 ] }, { "date": "2025-02-07", "close": 14.766351, "volume": 8635281, "typical_volume": 8576565.75, "trend": 14.793771, "fair_value": 15.070223, "relative_strength": -5.213049, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -12.237618, "energy": 7.81073, "activity_lines": [ 14.667438, 14.643433, 14.616532, 14.694655 ] }, { "date": "2025-02-14", "close": 15.245217, "volume": 14297579, "typical_volume": 9008437.4, "trend": 14.789182, "fair_value": 15.037685, "relative_strength": -3.460594, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 24.54127, "energy": 26.835394, "activity_lines": [ 14.888292, 14.751099, 14.672498, 14.723781 ] }, { "date": "2025-02-21", "close": 15.014711, "volume": 13321571, "typical_volume": 9337407.25, "trend": 14.79222, "fair_value": 15.011886, "relative_strength": -3.304037, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 17.455473, "energy": 31.131558, "activity_lines": [ 14.962181, 14.80831, 14.706813, 14.738331 ] }, { "date": "2025-02-28", "close": 15.141887, "volume": 14177456, "typical_volume": 9755020.6, "trend": 14.800711, "fair_value": 14.985407, "relative_strength": -1.450516, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.289598, "energy": 39.931468, "activity_lines": [ 15.054056, 14.885266, 14.751975, 14.76089 ] }, { "date": "2025-03-07", "close": 15.110093, "volume": 13619115, "typical_volume": 10102973.8, "trend": 14.812761, "fair_value": 14.954244, "relative_strength": 1.474551, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.19902, "energy": 43.9732, "activity_lines": [ 15.094595, 14.946659, 14.79213, 14.78085 ] }, { "date": "2025-03-14", "close": 14.943174, "volume": 16659342, "typical_volume": 10567686.3, "trend": 14.817252, "fair_value": 14.923211, "relative_strength": 2.634897, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 25.568038, "energy": 23.105701, "activity_lines": [ 15.057103, 14.966246, 14.817685, 14.789264 ] }, { "date": "2025-03-21", "close": 14.917393, "volume": 16631472, "typical_volume": 10828993.2, "trend": 14.820392, "fair_value": 14.891408, "relative_strength": 1.900739, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 22.578985, "energy": 16.883299, "activity_lines": [ 14.999228, 14.980893, 14.839387, 14.795725 ] }, { "date": "2025-03-28", "close": 13.725933, "volume": 14320513, "typical_volume": 11014723.95, "trend": 14.774963, "fair_value": 14.852118, "relative_strength": -4.702604, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.101894, "energy": 26.403891, "activity_lines": [ 14.566055, 14.765745, 14.743464, 14.725114 ] }, { "date": "2025-04-04", "close": 12.131954, "volume": 15956077, "typical_volume": 11317725.3, "trend": 14.677139, "fair_value": 14.806239, "relative_strength": -7.208565, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -84.459639, "energy": 77.656013, "activity_lines": [ 13.687475, 14.277558, 14.499843, 14.554598 ] }, { "date": "2025-04-11", "close": 11.343015, "volume": 25885248, "typical_volume": 12154628.05, "trend": 14.544655, "fair_value": 14.757116, "relative_strength": -17.628377, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -89.576805, "energy": 92.163387, "activity_lines": [ 12.746577, 13.689544, 14.19185, 14.339493 ] }, { "date": "2025-04-18", "close": 11.706233, "volume": 12682156, "typical_volume": 12564786.6, "trend": 14.414371, "fair_value": 14.718434, "relative_strength": -13.523856, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -80.235876, "energy": 92.62758, "activity_lines": [ 12.17789, 13.229955, 13.932535, 14.156369 ] }, { "date": "2025-04-25", "close": 13.089697, "volume": 13682500, "typical_volume": 12870936.1, "trend": 14.340404, "fair_value": 14.689997, "relative_strength": -7.408401, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.009371, "energy": 84.199128, "activity_lines": [ 12.286154, 13.077543, 13.818172, 14.070906 ] }, { "date": "2025-05-02", "close": 13.277979, "volume": 15254112, "typical_volume": 13266065.6, "trend": 14.291374, "fair_value": 14.658635, "relative_strength": -8.538338, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.109376, "energy": 69.292196, "activity_lines": [ 12.579024, 12.998556, 13.729768, 14.002362 ] }, { "date": "2025-05-09", "close": 13.793708, "volume": 9519460, "typical_volume": 12950716.75, "trend": 14.26028, "fair_value": 14.629814, "relative_strength": -4.433171, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.333762, "energy": 33.880027, "activity_lines": [ 13.073669, 13.044915, 13.697865, 13.970255 ] }, { "date": "2025-05-16", "close": 13.958018, "volume": 15068330, "typical_volume": 13487527.45, "trend": 14.212799, "fair_value": 14.605612, "relative_strength": -7.970723, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.404601, "energy": 25.80598, "activity_lines": [ 13.512299, 13.14566, 13.68547, 13.950754 ] }, { "date": "2025-05-23", "close": 13.268836, "volume": 10578986, "typical_volume": 13629356.9, "trend": 14.166774, "fair_value": 14.573271, "relative_strength": -10.036205, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.479684, "energy": 24.493844, "activity_lines": [ 13.546869, 13.142047, 13.609923, 13.889853 ] }, { "date": "2025-05-30", "close": 13.459814, "volume": 7327451, "typical_volume": 13513621.45, "trend": 14.147262, "fair_value": 14.541379, "relative_strength": -10.088439, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -28.3803, "energy": 22.164329, "activity_lines": [ 13.540924, 13.203599, 13.560471, 13.844243 ] }, { "date": "2025-06-06", "close": 13.733826, "volume": 9586495, "typical_volume": 13332515.7, "trend": 14.118751, "fair_value": 14.513259, "relative_strength": -9.51309, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -27.537945, "energy": 17.98392, "activity_lines": [ 13.601643, 13.341473, 13.540608, 13.81757 ] }, { "date": "2025-06-13", "close": 13.908198, "volume": 12090384, "typical_volume": 13542034.75, "trend": 14.1026, "fair_value": 14.508689, "relative_strength": -7.849779, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -22.041669, "energy": 12.546691, "activity_lines": [ 13.690095, 13.510908, 13.541709, 13.803986 ] }, { "date": "2025-06-20", "close": 13.866439, "volume": 11032305, "typical_volume": 13516291.65, "trend": 14.088118, "fair_value": 14.490462, "relative_strength": -7.768732, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -9.315612, "energy": 9.8439, "activity_lines": [ 13.756995, 13.640454, 13.541797, 13.78875 ] }, { "date": "2025-06-27", "close": 13.967531, "volume": 13678127, "typical_volume": 13768433.95, "trend": 14.07114, "fair_value": 14.46611, "relative_strength": -9.989373, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.232103, "energy": 11.561779, "activity_lines": [ 13.863698, 13.742501, 13.555836, 13.78097 ] }, { "date": "2025-07-04", "close": 14.203412, "volume": 10576523, "typical_volume": 13582381.15, "trend": 14.052077, "fair_value": 14.445002, "relative_strength": -9.777313, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.143473, "energy": 16.45346, "activity_lines": [ 14.002448, 13.84632, 13.596143, 13.789503 ] }, { "date": "2025-07-11", "close": 14.194987, "volume": 13128292, "typical_volume": 13572717.2, "trend": 14.030948, "fair_value": 14.425059, "relative_strength": -9.250377, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 23.14399, "energy": 38.587067, "activity_lines": [ 14.088817, 13.928359, 13.64061, 13.798723 ] }, { "date": "2025-07-18", "close": 14.084738, "volume": 14539574, "typical_volume": 13590823.1, "trend": 14.013643, "fair_value": 14.401531, "relative_strength": -10.115028, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 19.041491, "energy": 36.916211, "activity_lines": [ 14.107692, 13.973679, 13.678479, 13.802194 ] }, { "date": "2025-07-25", "close": 14.409507, "volume": 16066897, "typical_volume": 13713212.2, "trend": 14.011295, "fair_value": 14.368097, "relative_strength": -9.05692, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 30.974912, "energy": 47.790676, "activity_lines": [ 14.223054, 14.072756, 13.752313, 13.827733 ] }, { "date": "2025-08-01", "close": 13.999272, "volume": 15431945, "typical_volume": 13651842.35, "trend": 13.980295, "fair_value": 14.337148, "relative_strength": -9.054863, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 19.034602, "energy": 30.386822, "activity_lines": [ 14.165466, 14.089037, 13.790414, 13.826958 ] }, { "date": "2025-08-08", "close": 13.349733, "volume": 40272375, "typical_volume": 14833887.5, "trend": 13.952177, "fair_value": 14.299797, "relative_strength": -14.911918, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": -18.688857, "energy": 10.472926, "activity_lines": [ 13.889249, 13.973939, 13.771148, 13.786276 ] }, { "date": "2025-08-15", "close": 13.076243, "volume": 26699983, "typical_volume": 15452861.0, "trend": 13.899765, "fair_value": 14.264904, "relative_strength": -17.030185, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -42.597979, "energy": 27.989975, "activity_lines": [ 13.578781, 13.811117, 13.7333, 13.729764 ] }, { "date": "2025-08-22", "close": 13.189119, "volume": 17123821, "typical_volume": 15511248.2, "trend": 13.855041, "fair_value": 14.230897, "relative_strength": -16.144417, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -52.337415, "energy": 41.221945, "activity_lines": [ 13.380521, 13.680774, 13.709297, 13.683916 ] }, { "date": "2025-08-29", "close": 13.293312, "volume": 12485533, "typical_volume": 14841262.45, "trend": 13.805678, "fair_value": 14.20193, "relative_strength": -15.012519, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -46.483296, "energy": 46.149336, "activity_lines": [ 13.2767, 13.582449, 13.690182, 13.647676 ] }, { "date": "2025-09-05", "close": 13.736133, "volume": 11886486, "typical_volume": 14801478.95, "trend": 13.771337, "fair_value": 14.173373, "relative_strength": -11.989557, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.062099, "energy": 42.034136, "activity_lines": [ 13.394899, 13.575058, 13.703954, 13.643189 ] }, { "date": "2025-09-12", "close": 13.301995, "volume": 18053193, "typical_volume": 15020013.6, "trend": 13.706563, "fair_value": 14.151009, "relative_strength": -15.594245, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.318848, "energy": 33.447136, "activity_lines": [ 13.385928, 13.492939, 13.666713, 13.612909 ] }, { "date": "2025-09-19", "close": 12.869902, "volume": 20914455, "typical_volume": 15303030.75, "trend": 13.635069, "fair_value": 14.134749, "relative_strength": -18.785449, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.274568, "energy": 35.423634, "activity_lines": [ 13.236109, 13.348648, 13.587309, 13.558931 ] }, { "date": "2025-09-26", "close": 12.85226, "volume": 15490728, "typical_volume": 15601594.15, "trend": 13.558748, "fair_value": 14.137109, "relative_strength": -18.159288, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.843078, "energy": 40.266669, "activity_lines": [ 13.094165, 13.225242, 13.508169, 13.508427 ] }, { "date": "2025-10-03", "close": 13.663796, "volume": 15846607, "typical_volume": 15640508.0, "trend": 13.510539, "fair_value": 14.145164, "relative_strength": -13.557663, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "mixed", "direction": -15.794785, "energy": 18.58396, "activity_lines": [ 13.24519, 13.271796, 13.5108, 13.515204 ] }, { "date": "2025-10-10", "close": 13.796112, "volume": 13630675, "typical_volume": 15793092.45, "trend": 13.472303, "fair_value": 14.155053, "relative_strength": -10.221203, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 3.859221, "energy": 7.778789, "activity_lines": [ 13.415622, 13.355966, 13.527434, 13.533628 ] }, { "date": "2025-10-17", "close": 14.026546, "volume": 17464030, "typical_volume": 16299921.4, "trend": 13.442608, "fair_value": 14.164573, "relative_strength": -9.877187, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 34.401106, "energy": 20.866289, "activity_lines": [ 13.658866, 13.485727, 13.563504, 13.569386 ] }, { "date": "2025-10-24", "close": 14.698315, "volume": 16979649, "typical_volume": 16669579.1, "trend": 13.475021, "fair_value": 14.169168, "relative_strength": -7.056411, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 72.332103, "energy": 47.91684, "activity_lines": [ 14.07773, 13.725322, 13.660853, 13.650399 ] }, { "date": "2025-10-31", "close": 14.528134, "volume": 12138327, "typical_volume": 16671976.25, "trend": 13.554894, "fair_value": 14.171665, "relative_strength": -8.509659, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.527601, "energy": 64.83203, "activity_lines": [ 14.317973, 13.904483, 13.737401, 13.718342 ] }, { "date": "2025-11-07", "close": 15.074506, "volume": 12165764, "typical_volume": 16728649.2, "trend": 13.679277, "fair_value": 14.166084, "relative_strength": -3.32278, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.655006, "energy": 79.911262, "activity_lines": [ 14.628614, 14.158639, 13.863032, 13.816381 ] }, { "date": "2025-11-14", "close": 14.949109, "volume": 16017853, "typical_volume": 16845635.5, "trend": 13.787373, "fair_value": 14.166607, "relative_strength": -4.055872, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.955684, "energy": 79.030637, "activity_lines": [ 14.80341, 14.357609, 13.970969, 13.898306 ] }, { "date": "2025-11-21", "close": 15.094643, "volume": 13057835, "typical_volume": 16969701.1, "trend": 13.854204, "fair_value": 14.162768, "relative_strength": -1.110617, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.105411, "energy": 78.704781, "activity_lines": [ 14.94985, 14.560987, 14.088091, 13.982646 ] }, { "date": "2025-11-28", "close": 15.921622, "volume": 12080080, "typical_volume": 16917290.5, "trend": 13.942326, "fair_value": 14.163718, "relative_strength": 0.674219, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.489962, "energy": 86.486766, "activity_lines": [ 15.300744, 14.88213, 14.27973, 14.116028 ] }, { "date": "2025-12-05", "close": 15.976148, "volume": 11108792, "typical_volume": 16745751.4, "trend": 14.015074, "fair_value": 14.16536, "relative_strength": 0.789366, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 81.714959, "energy": 87.977223, "activity_lines": [ 15.588259, 15.157702, 14.468339, 14.247242 ] }, { "date": "2025-12-12", "close": 15.367274, "volume": 17491200, "typical_volume": 16816966.55, "trend": 14.062049, "fair_value": 14.165353, "relative_strength": -2.306153, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.25501, "energy": 76.443743, "activity_lines": [ 15.576282, 15.265771, 14.589954, 14.334481 ] }, { "date": "2025-12-19", "close": 16.035413, "volume": 20289195, "typical_volume": 17059829.05, "trend": 14.154268, "fair_value": 14.165808, "relative_strength": 1.939768, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 75.775965, "energy": 79.286912, "activity_lines": [ 15.767499, 15.464348, 14.77064, 14.461795 ] }, { "date": "2025-12-26", "close": 16.155218, "volume": 7441370, "typical_volume": 15418278.8, "trend": 14.244115, "fair_value": 14.171548, "relative_strength": 1.357982, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 74.22481, "energy": 74.611141, "activity_lines": [ 15.926232, 15.643993, 14.95304, 14.590888 ] }, { "date": "2026-01-02", "close": 16.6713, "volume": 10429404, "typical_volume": 14604749.85, "trend": 14.342031, "fair_value": 14.177989, "relative_strength": 5.787108, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.143063, "energy": 79.160301, "activity_lines": [ 16.186287, 15.878768, 15.171232, 14.747481 ] }, { "date": "2026-01-09", "close": 16.680516, "volume": 23440211, "typical_volume": 14920569.35, "trend": 14.434441, "fair_value": 14.17754, "relative_strength": 4.244511, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 77.250824, "energy": 84.416989, "activity_lines": [ 16.399436, 16.079346, 15.373181, 14.898351 ] }, { "date": "2026-01-16", "close": 17.845227, "volume": 27461776, "typical_volume": 15669381.5, "trend": 14.567067, "fair_value": 14.184028, "relative_strength": 11.818628, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 90.676662, "energy": 92.682671, "activity_lines": [ 16.953863, 16.452555, 15.66943, 15.118402 ] }, { "date": "2026-01-23", "close": 17.135898, "volume": 12167648, "typical_volume": 15683439.6, "trend": 14.67268, "fair_value": 14.184202, "relative_strength": 7.691312, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.893846, "energy": 84.419464, "activity_lines": [ 17.106651, 16.646419, 15.876448, 15.284133 ] }, { "date": "2026-01-30", "close": 16.239903, "volume": 18599019, "typical_volume": 15710730.9, "trend": 14.740563, "fair_value": 14.174924, "relative_strength": 1.772196, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.918238, "energy": 61.38802, "activity_lines": [ 16.887408, 16.637615, 15.981944, 15.385244 ] }, { "date": "2026-02-06", "close": 16.510568, "volume": 15500960, "typical_volume": 15440056.15, "trend": 14.817749, "fair_value": 14.173386, "relative_strength": 3.753714, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.793078, "energy": 54.688834, "activity_lines": [ 16.752741, 16.6572, 16.099228, 15.499438 ] }, { "date": "2026-02-13", "close": 17.079898, "volume": 19669236, "typical_volume": 15648981.55, "trend": 14.917587, "fair_value": 14.177457, "relative_strength": 8.750043, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.464134, "energy": 47.069744, "activity_lines": [ 16.818566, 16.769591, 16.253396, 15.645383 ] }, { "date": "2026-02-20", "close": 16.922618, "volume": 13772145, "typical_volume": 15545258.45, "trend": 15.001358, "fair_value": 14.18501, "relative_strength": 6.617247, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 49.992724, "energy": 36.213744, "activity_lines": [ 16.805339, 16.833318, 16.372455, 15.77474 ] }, { "date": "2026-02-27", "close": 16.979374, "volume": 17049974, "typical_volume": 15716223.4, "trend": 15.100694, "fair_value": 14.197776, "relative_strength": 7.603884, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 51.678175, "energy": 39.538516, "activity_lines": [ 16.872538, 16.879084, 16.4814, 15.902354 ] }, { "date": "2026-03-06", "close": 16.752351, "volume": 15347677, "typical_volume": 15610405.75, "trend": 15.214115, "fair_value": 14.214474, "relative_strength": 8.461789, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 55.528865, "energy": 39.807031, "activity_lines": [ 16.874498, 16.866412, 16.553566, 16.008912 ] }, { "date": "2026-03-13", "close": 16.156418, "volume": 18972709, "typical_volume": 15710058.75, "trend": 15.316788, "fair_value": 14.230854, "relative_strength": 6.416895, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 40.3848, "energy": 25.52801, "activity_lines": [ 16.64365, 16.73453, 16.555996, 16.069706 ] }, { "date": "2026-03-20", "close": 14.849296, "volume": 21051741, "typical_volume": 16155729.45, "trend": 15.372127, "fair_value": 14.234477, "relative_strength": -0.077083, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -6.505579, "energy": 13.677606, "activity_lines": [ 16.000705, 16.374352, 16.426995, 16.039545 ] }, { "date": "2026-03-27", "close": 15.08911, "volume": 14299760, "typical_volume": 16262429.25, "trend": 15.431987, "fair_value": 14.235442, "relative_strength": 3.959071, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": -6.213792, "energy": 23.053037, "activity_lines": [ 15.586404, 16.091071, 16.319304, 16.021286 ] }, { "date": "2026-04-03", "close": 16.441662, "volume": 8564676, "typical_volume": 15889770.4, "trend": 15.522171, "fair_value": 14.242889, "relative_strength": 9.45058, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 9.151713, "energy": 21.546226, "activity_lines": [ 15.745188, 16.10382, 16.340358, 16.086426 ] }, { "date": "2026-04-10", "close": 16.950068, "volume": 13757129, "typical_volume": 15924735.1, "trend": 15.643773, "fair_value": 14.256513, "relative_strength": 8.595513, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 24.229946, "energy": 18.744401, "activity_lines": [ 16.109289, 16.221628, 16.402724, 16.178549 ] }, { "date": "2026-04-17", "close": 17.152561, "volume": 20182739, "typical_volume": 16329868.05, "trend": 15.786529, "fair_value": 14.270139, "relative_strength": 4.999185, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 46.755675, "energy": 24.699051, "activity_lines": [ 16.527705, 16.363342, 16.47554, 16.27589 ] }, { "date": "2026-04-24", "close": 17.133114, "volume": 13288959, "typical_volume": 16438876.4, "trend": 15.929224, "fair_value": 14.285492, "relative_strength": 4.325963, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 47.728456, "energy": 36.731792, "activity_lines": [ 16.87323, 16.489847, 16.540642, 16.362766 ] }, { "date": "2026-05-01", "close": 17.240074, "volume": 13277669, "typical_volume": 16228199.85, "trend": 16.048433, "fair_value": 14.301716, "relative_strength": 3.980135, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.539414, "energy": 50.56879, "activity_lines": [ 17.102154, 16.634832, 16.610421, 16.447337 ] }, { "date": "2026-05-08", "close": 17.142837, "volume": 16454610, "typical_volume": 16036470.6, "trend": 16.159991, "fair_value": 14.318984, "relative_strength": 1.140222, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 57.044116, "energy": 56.654591, "activity_lines": [ 17.155268, 16.756366, 16.662022, 16.517944 ] }, { "date": "2026-05-15", "close": 16.744167, "volume": 15755239, "typical_volume": 16452164.05, "trend": 16.250578, "fair_value": 14.335579, "relative_strength": -1.327592, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 53.1739, "energy": 47.239949, "activity_lines": [ 17.028746, 16.802442, 16.670381, 16.555633 ] }, { "date": "2026-05-22", "close": 16.339861, "volume": 15853593, "typical_volume": 16723373.5, "trend": 16.305296, "fair_value": 14.350336, "relative_strength": -4.444693, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 38.218642, "energy": 20.061388, "activity_lines": [ 16.781183, 16.775156, 16.63743, 16.561393 ] }, { "date": "2026-05-29", "close": 16.911806, "volume": 10976054, "typical_volume": 16100165.65, "trend": 16.384752, "fair_value": 14.361793, "relative_strength": -2.456391, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 35.702462, "energy": 15.919859, "activity_lines": [ 16.778448, 16.848525, 16.660528, 16.600523 ] }, { "date": "2026-06-05", "close": 16.872361, "volume": 12100266, "typical_volume": 15332090.15, "trend": 16.444681, "fair_value": 14.373374, "relative_strength": -0.16027, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 31.418372, "energy": 14.722989, "activity_lines": [ 16.777319, 16.877223, 16.678768, 16.631981 ] }, { "date": "2026-06-12", "close": 16.63177, "volume": 17862807, "typical_volume": 15616848.1, "trend": 16.500769, "fair_value": 14.380568, "relative_strength": -2.047331, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 27.010782, "energy": 13.262095, "activity_lines": [ 16.720507, 16.829753, 16.678727, 16.644051 ] }, { "date": "2026-06-19", "close": 16.530673, "volume": 18587253, "typical_volume": 15616259.8, "trend": 16.548637, "fair_value": 14.389218, "relative_strength": -3.421539, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 21.676838, "energy": 9.170064, "activity_lines": [ 16.664067, 16.760446, 16.671459, 16.645981 ] }, { "date": "2026-06-26", "close": 17.023831, "volume": 18005701, "typical_volume": 15741496.85, "trend": 16.585377, "fair_value": 14.396439, "relative_strength": 1.848345, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.647862, "energy": 15.075038, "activity_lines": [ 16.786246, 16.78843, 16.709773, 16.676638 ] }, { "date": "2026-07-03", "close": 16.89561, "volume": 17365680, "typical_volume": 15626319.05, "trend": 16.616026, "fair_value": 14.405899, "relative_strength": -1.038635, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 43.31318, "energy": 17.846261, "activity_lines": [ 16.820086, 16.795441, 16.733432, 16.696653 ] }, { "date": "2026-07-10", "close": 16.816705, "volume": 19941811, "typical_volume": 15934802.35, "trend": 16.66434, "fair_value": 14.415999, "relative_strength": -2.767446, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 39.567063, "energy": 18.101864, "activity_lines": [ 16.828705, 16.792424, 16.750454, 16.7096 ] }, { "date": "2026-07-17", "close": 16.61, "volume": 30895086, "typical_volume": 16627057.95, "trend": 16.683493, "fair_value": 14.423609, "relative_strength": -2.427845, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 33.528159, "energy": 15.479399, "activity_lines": [ 16.772132, 16.759521, 16.748293, 16.706095 ] }, { "date": "2026-07-24", "close": 16.27, "volume": 19221093, "typical_volume": 16820728.75, "trend": 16.687319, "fair_value": 14.42768, "relative_strength": -3.79259, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.017383, "energy": 13.70674, "activity_lines": [ 16.603678, 16.674489, 16.715511, 16.679418 ] }, { "date": "2026-07-31", "close": 16.47, "volume": 14748276, "typical_volume": 16609507.1, "trend": 16.680609, "fair_value": 14.434004, "relative_strength": -3.607747, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.935406, "energy": 18.380019, "activity_lines": [ 16.519268, 16.634441, 16.704073, 16.665397 ] }, { "date": "2026-08-07", "close": 16.68, "volume": 16394487, "typical_volume": 16376644.4, "trend": 16.680592, "fair_value": 14.442646, "relative_strength": -5.720914, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -17.247997, "energy": 16.786473, "activity_lines": [ 16.54178, 16.63021, 16.711142, 16.665358 ] } ], "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." } } }